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Indian startups budding in Singapore

Posted on November 25, 2014
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“Chuck out your resume!” is the mantra of Sudhanshu Ahuja who runs his own talent pool business here and is among the young Indians who have taken advantage of Singapore’s business-friendly environment to set up their companies.

Ahuja decided to start his own business after being denied a job by a leading bank here.

“Your resume can’t really project the work you are good at,” Ahuja, who is in his early 30s, said.

“This motivated me to start my own talent pool business.

Here you just have to show your talent and we will give you the job you are good at,” Ahuja, who hails from Faridabad, said.

“We organise a challenge for a particular skill and we refer them to companies interested in hiring them,” Ahuja, the founder of ideatory said.

Ahuja, who left IIT Delhi to study at Nanyang Technological University here, feel that Singapore has many opportunities for youngsters and it provides a good environment for people who want to start their own business.

“Singapore government encourages youths. Here we have more professionalism and the most important thing is that Singapore has strict rules and regulations so people trust the company that is based here,” he said.

Ahuja, whose clients include banking giant DBS and electrolux, is among many Indians who have successfully started their businesses here.

Prasoon, who is an architect from Delhi has the same story. He is the founder of billion bricks that provides shelter to children who stay on the streets.

His company has completed their first shelter in Andheri.

For him a base in Singapore provides him a global reach.

“From here I can spread my business to other parts of Asia and Singapore based company is considered more trustworthy, he said.

And for Aprna Mittal, Singapore has more structured administrative platform.

“Starting a new business here is very easy. People are more professional,” Mittal an IIT graduate who runs an online healthcare portal which provides information on healthy lifestyle.

According to industry leaders, one needs only 30 dollars to register a business in Singapore and government is very encouraging if one has a good proposal and idea.

There are non profit organisation like Singapore International Foundation which not only provides a platform for young people all over the world to showcase their ideas but also provides them awards and opportunity to work with leading companies.

http://www.dnaindia.com/money/report-indian-startups-budding-in-singapore-2035622

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