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Telangana is not just competing with sister states within India but is competing with countries of our size: D. Sridhar Babu, IT Minister

Jan 29, 2024 by Sujata 0 Comments #Anthill Venture, #Anthill Ventures, #D. Sridhar Babu, #Family Business from the Indian School of Business (ISB) Hyderabad; CEO of T-Hub Srinivas Rao Mahankali, #FICCI FLO Young Leader, #Government of Telangana, #Honourable Principal Secretary ITE & C Jayesh Ranjan; Founder of the Family Office Alliance Philip von Wulffen & Anthill Venture’s CEO & Founder Prasad Vanga, #JAB Holdings, #Jayesh Ranjan, #Minister of IT, #N. Parvathi Reddy, #NAR Infra Pvt. Ltd, #Prasad Vanga

Hyderabad, January 29, 2024-…. Investment opportunities in Telangana State were showcased in a round table conference held today at T-Hub to 12 member delegates from the Nordics, Estonia and Western Europe.

Some of the prominent ones of the 12-member delegation were JAB Holdings (they own all the large coffee brands like Peets Coffee, Krispy Kreme and Pret), Whitestone Capital, Metaplanet holding (Founder of Skype) and Bjella Investments from Norway. The combined holdings of just these 4 Family offices are over $100B in assets under management.

Telangana IT 1

The round table was the initiative of the Government of Telangana, NAR Infra Pvt. Ltd and Prasad Vanga, CEO and Founder of Anthill Venture, a Speed Scaling Ecosystem that invests in, and scales, early-stage companies in Media, Urban Tech and Health Tech. Prasad Vanga is a successful entrepreneur, angel investor and business transformation coach.

Anthill Ventures has invited the delegation to Hyderabad, and Parvathi Reddy seized the opportunity to get the government involved and showcase Telangana as an investment potential state. Being an entrepreneur herself and having a lot of work in the state herself, she understands the governance and ease of doing business here, the skilled workforce available, the infrastructure, the safety, and the liveability all included make Hyderabad and Telangana a great place to do business. She has taken it upon herself to showcase Telangana as the best destination for opportunities and investments.

The delegation was convinced by the Government of Telangana to come to Hyderabad over other cities because of our innovative outlook and a strong focus on entrepreneurship said N. Parvathi Reddy one of the panel speakers and Co-Founder and Executive Director at NAR Infra Pvt. Ltd. an industry leader in the infrastructure sector in India.

Telangana IT 2

D. Sridhar Babu Minister of IT, Government of Telangana; N. Parvathi Reddy, FICCI FLO Young Leader and alumni of Family Business from the Indian School of Business (ISB) Hyderabad; CEO of T-Hub Srinivas Rao Mahankali and Honourable Principal Secretary ITE & C Jayesh Ranjan; Founder of the Family Office Alliance Philip von Wulffen & Anthill Venture’s CEO & Founder Prasad Vanga and others participated.

Speaking on the occasion D. Sridhar Babu said Telangana is the youngest but the best state in terms of human capital, infrastructure, proactive government and in ease of doing business. The state is not just competing with sister states in India, but is also competing with countries of our size. Please come forward and invest in the state. You will have minimal government intervention in your affairs. Last year the Telangana state got Rs 20,000 crore investments. This year we have already signed MoUs worth Rs 40,000 crore in investments.

Jayesh Ranjan asked why tech companies prefer Hyderabad and Telangana. It is because of the talent pool. When I say this, it doesn’t mean that other cities don’t have. We compete with cities like Bangalore, Chennai, Pune, and Gurgaon. When compared to these cities our talent pool proved more productive, work-minded, and lived up to their deliverability. This was proven again during the pandemic. They proved to be a more responsible workforce. This was observed by many CEOs and they told us. The workforce here takes up challenges and lives up to those challenges. The attrition rate in Hyderabad is 6-7% lower compared to Bengaluru and the cost of acquiring talent is 15% lower.

The main driver of the tech industry is innovation. When I say these other cities are also doing well in terms of innovation and even better than us. But what makes this city apart from the rest is the innovation ecosystem and the state-of-the-art centres of excellence and innovation hubs, Jayesh Ranjan added.

We will continue the progress of the state. Policies of the previous government/s if good will be better and continued.

The Founder of the Family Office Alliance Philip von Wulffen & Anthill Venture’s CEO & Founder Prasad Vanga spoke on the manifestation & evolution of the Family Office Alliance

Family Office Alliance is an entity established by a wealthy individual/s to manage the family’s wealth.

The Family Office Panel Discussion was held with the founder of Cyient & Chairman at IIT Hyderabad BVR Mohan Reddy, iLabs Founder Srinivasa Raju Chintalapati and noted dignitaries including CEO at Bjella Investments Kristin Bjelland & General Partner at White Star Capital Cristina Ventura.

AI In Everything We Do — An Innovation Panel Discussion held with actor, producer and tech-preneur Rana Daggubati, Rauno Miljand who manages Skype in addition to his personal family offices, Peder Wallenberg, Senior Partner at Cohesion Investments and Akis Evangelidis, Co-Founder of Nothing.

Aditya Ghosh, former president and full-time director of IndiGo and co-founder of Akasa Air with Vinay Dube spoke on Scaling up in India. Giving his keynote address, Aditya Ghosh shared his experience in transforming and leading India’s largest & most profitable airline.

All the panellists shared their ideas and points of view on the growth story of Telangana.

In the end, the delegation had an exclusive tour of T-Works, India’s largest prototyping centre.

BioAsia-2022
business

19th Edition of BioAsia to focus on Future Readiness of the Life-Sciences Industry; 2-Day event to kick-start on February 24th

Jan 25, 2022 by Gouri 0 Comments #19th Edition of BioAsia, #Future Readiness of the Life-Sciences Industry;, #Jayesh Ranjan, #KT Rama Rao, #Shakthi Nagappan
19th edition of the Asia’s largest life-sciences and Health Tech forum BioAsia, the annual flagship event of the Government of Telangana will be held during February 24th and 25th, 2022 in a virtual format. The theme of this year’s edition is ‘Future Ready’ and would focus on exploring the industry’s current position and future potential, new approaches and capabilities required to be ready as the life sciences industry develops its future growth strategy. The future growth will be driven by a shift from “volume focus” to “volume + value focus”. The industry needs to continue building on its strength and at the same time make a giant leap towards innovation. New capabilities need to be introduced across the business functions to bring efficiencies and to help the industry move up the value chain.
The event will bring together leaders from the industry, research, innovation and governments from more than 70 countries to address the wide-ranging needs of the healthcare system. The conference will provide a unique opportunity to Pharma and Biotech companies, CROs, CMOs, CDMOs, Biotech start-ups, Academic Institutions, Scientists and Researchers, Policy Makers, and Regulatory Experts across the globe to assess the industry’s current position and deliberate on the imperatives for future growth and other insightful topics related to the life sciences industry.

The two-day event will witness a wide array of panels focussing on the Future of the Life-Sciences amid the ongoing pandemic and the ways the industry must be focussing on to combat any future pandemics. Over the years, the event has immensely benefitted from its participant history including the likes of several Nobel Prize winners like Dr. Kurt Wuthrich, Ada Yonath, Harald Zur Hausen, Barry Marshall, Martin J Evans, Lasker Awardees and eminent industry leaders like Dr. Vas Narasimhan (CEO, Novartis), Dr. Paul Stoffeis (VC and CSO, Johnson & Johnson), Dr. Seth Berkely (CEO, GAVI), Mr. Satya Nadella (CEO, Microsoft), among others, in addition to the Asian, American, African and European country ministers and delegations. This year also the event will have a stellar lineup of speakers during the 2-day event.

Unveiling the dates and theme of the event, Mr. KT Rama Rao, Minister for Industries & Commerce (I&C) and Information Technology (IT), Government of Telangana, said “Hyderabad has cemented its position as the life sciences hub of the Country and the vaccine capital of the world. BioAsia has been an integral part of this extraordinary growth story and the event continues to help us in showcasing the prowess of Hyderabad in particular and India in general to the world. I invite stakeholders from around the world to take active part in the deliberations”

Explaining the significance of the global conclave, Mr. Jayesh Ranjan, IAS, Principal Secretary, the Industries & Commerce (I&C) and Information Technology (IT), Government of Telangana said, “BioAsia is an excellent global forum for biotechnology, pharma and healthcare industries, academia and start-ups to showcase their innovations and network for better connections. Over the years, it has been instrumental in promoting India and Telangana as key enablers in the global life sciences and allied sectors. Over the last 18 years, BioAsia convention has seen over 270 Lols, Bilateral co-operation agreements & MoUs getting signed along with trade & investment to an extent of USD 2.6 billion so far.”

“The first virtual edition held last year was extremely successful and impactful in continuing the dialogue in these unprecedented times. The  2021 event witnessed around 31,450 participants representing 72 countries with 60 high-profile speakers. We are confident that the 19th edition will bring together some of the most influential leaders to discuss about a wide range of topics concerning the opportunities and challenges in the healthcare sector” added Mr. Shakthi Nagappan, CEO of BioAsia and Director of Life Sciences, GoTS while commenting on BioAsia 2022.

Over the course of 18 years, the event has witnessed participation from more than 20,000 leaders representing over 100 Countries and has conducted more than 20,000 partnering meetings. Keeping in line with the COVID-19 safety restrictions, the event will continue to be in a virtual format like the last edition.