successful enterpreneur- abroad and indian

7/29/2019 Successful Enterpreneur- Abroad and Indian

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Prepared ByBrijesh Agravat (06)Jay Ajwani(17)

Kalpesh Patil (20)Manmeetsinh Vaja (25)

Successful EntrepreneursShoot for the moon and if you miss you will still be amongthe stars.Les Brown

Neha Juneja

Seth Priebatschs

SEMCOM, MEB-II


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Neha Juneja

Neha Juneja is 26 year old MBA from FMS,Delhi.

she is B.E in production from Delhi college

of engineering. She has initiated several projects on

adaptation to combat climate changes.

Present working : Working as COO at

Greenway Grameen. Successful Product : Stove which are eco

friendly.


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Company Profile Greenway Grameen aims to co-create BoP products .

Low cost and Eco friendly.

Mumbai-based Greenway Grameen Infra (GGI) was

founded in 2010 by Neha Juneja and Ankit Mathur.

Greenway Smart Stove is a result of co-creation effortswith user communities across five Indian states.

After 16 months and eight near final designs, the finaldesign was frozen.

In the coming year, GGI plans to expand its distributionnetwork to 50 districts across India and also add newproducts to its portfolio.


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Innovation The Greenway Smart Stove is a single burner high

efficiency cook stove designed as a modern replacementfor traditional mud chulhas, which pose grave health andenvironmental hazards.

This patent pending design innovation uses no movingparts, delivers fuel savings up to 65 per cent andminimizes harmful emissions of carbon monoxide, carbondioxide and particulate matter.

With a high estimated annual death due to smoke from

mud stoves, Greenway Smart Stove brings theseemissions levels to well within WHO norms.

Manufactured near Delhi, its priced at Rs. 1250.

Concentrating in Karnataka and Maharashtra, over 5000units have been sold since September 2011.


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Product


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Business Expansion Conducting sales through institutional channels such as

NGOs, corporate CSR initiatives, government institutionsetc.

Bulk of its sales comes from direct retail via its distributornetwork that makes the product available in rural retailoutlets .

Its marketing team of seven moves around in the vicinityof these outlets to demonstrate the product and generate

consumer interest

Marketing is demonstration based as they try to createawareness about the product and make a sales pitch.

Planning to sale more than 50,000 chulas in different part

of india.


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Interview With Neha

Juneja Q: What prompted you to get into products since your consultingprojects in the environment domain were doing well?

Ans : Consulting is and was for us a good business to be in but wefelt that to grow in revenues and impact we needed scale whichcould only come from a product or perhaps standardized servicebased approach.

Q: After finding the idea about the product, what was the processof building it to ensure it had a chance to do good business?

Ans : We did not see success in our first product idea which

although it worked well technically was not appreciated bycustomers.

Q: You passed out from one of Indias premier B-Schools (FMS,Delhi) and are supposed to work at an MNC. How did you convinceyour family when you told them that you wanted to start on yourown?

Ans : Well, my family has been very supportive and did not require


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Interview With Neha

Juneja

Q: What key things did you learn as an entrepreneur that theydidnt teach you at your B-School?

Ans :I think the most important lesson has been of perseverance.

Q: I know from my own experience that Indian clients neveranswer Yes or No right away and that can be frustrating. Whats

your advice on closing a deal while dealing withcustomers/distributors?

Ans : Well, this is one of the reasons we did not enjoy consultingso much! But now since our end customer is in retail and his/herdemand generates pull at the distributors end things are easy forus.

Q: Your start-up recently won the first prize at Asias largest B-plancontest Eureka. What tips would you give to entrepreneurs andstudents for succeeding at B-plan competitions?

An s : Good articulation is of utmost importance in competitionsand this comes from clarity of purpose. While projections andother forms of analysis are important for properly representing

your business how well you understand your purpose and visionalways take precedence.


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Learning Lesson In her speech she told that to do something which makes

other happy is most wonderful job and way of earning. As

her product has brought new facilities and environmentalsolutions that makes her happy and keeps her motivated


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23 year old successfulentrepreneur.

For another, his formaltitle is Chief Ninja.

A Drop out from collegeof math's and computerScience


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General InformationType Private

Headquarters Cambridge,

Massachusetts,United

States

Area served Worldwide

Founder(s) Seth Priebatsch

Employees 60

Website scvngr.com

Type of site Social Gaming

Registration Required

Available in English

Current status Active
http://en.wikipedia.org/wiki/Business_entityhttp://en.wikipedia.org/wiki/Private_companyhttp://en.wikipedia.org/wiki/Headquartershttp://en.wikipedia.org/wiki/Cambridge,_Massachusettshttp://en.wikipedia.org/wiki/Cambridge,_Massachusettshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Worldhttp://en.wikipedia.org/wiki/Entrepreneurhttp://en.wikipedia.org/wiki/Seth_Priebatschhttp://en.wikipedia.org/wiki/Employmenthttp://en.wikipedia.org/wiki/Websitehttp://scvngr.com/http://en.wikipedia.org/wiki/Social_Gaminghttp://en.wikipedia.org/wiki/Internationalization_and_localizationhttp://en.wikipedia.org/wiki/Internationalization_and_localizationhttp://en.wikipedia.org/wiki/Social_Gaminghttp://scvngr.com/http://en.wikipedia.org/wiki/Websitehttp://en.wikipedia.org/wiki/Employmenthttp://en.wikipedia.org/wiki/Seth_Priebatschhttp://en.wikipedia.org/wiki/Entrepreneurhttp://en.wikipedia.org/wiki/Worldhttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Cambridge,_Massachusettshttp://en.wikipedia.org/wiki/Cambridge,_Massachusettshttp://en.wikipedia.org/wiki/Headquartershttp://en.wikipedia.org/wiki/Private_companyhttp://en.wikipedia.org/wiki/Business_entity


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Business Idea

SCVNGR uses cell phones to send out clues and receive

responses via SMS for digital scavenger hunts.The scavenger hunts would invite visitors and locals to

spend time seeking out and winning prizes in major touristdestinations, such as New York City or Boston.

To enter a scavenger hunt, team members would sign up

online or text SCVNGR to a short code.

Preibatsch is majoring inoperations research and financial engineering, which inthis interview he rightly calls a program for entrepreneurs.
http://www.orfe.princeton.edu/http://www.hillel.org/about/news/2008/feb/sethpriebatsch_29feb2008.htmhttp://www.hillel.org/about/news/2008/feb/sethpriebatsch_29feb2008.htmhttp://www.orfe.princeton.edu/


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What is SCVNGR? SCVNGR is a game Go at different Place

Do Challenges Earn Points Available on Android and

AppStore


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Making of Master Mind Priebatsch's dad started reading serious books and classic

literature to him when he was just three years old.

If that wasn't strange enough, Priebatsch Senior wouldread to him with the books turned upside down.

Now, Priebatsch can read any text upside down; he's

found this hidden talent a helpful skill that enables him toread potential investors' private notes from across thetable


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History Priebatsch was a 19-year-old freshman at Princeton

studying math and computer science when he dropped outto start Scvngr, a Boston company that developed a gamelike application for mobile phones; it let people check into stores and restaurants and do somethinglike taking apicture of their foodin exchange for discounts or loyalty

points.

After an initial burst of interest in the phone app, Scvngrchanged its focus and is now concentrating on a paymentsystem called Level Up, which lets merchants accept

payments from customers cell phones and expanded toeight cities this month. The company has taken in $20million in venture capital, most recently a January 2011round of $15 million that valued it at $100 million.


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Personality

He doesnt have a car, Comes on

Bicycle. He doesnt own a apartment,

sleeps in office.

Carries his lucky bag-pack. Wears shorts and orange T shirt

and Ski-glasses.


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Current Workings After an initial burst of interest in the phone app, Scvngr

changed its focus and is now concentrating on a paymentsystem called Level Up, which lets merchants acceptpayments from customers cell phones and expanded toeight cities this month.

The company has taken in $20 million in venture capital,most recently a January 2011 round of $15 million thatvalued it at $100 million.


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Bibliography

Google.

Apple Appstore Android : Google Play Store.


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ThankYou.

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