The evening began with a welcome handle by Dr Sanjeev B Ahuja, president of TiE UK. He talked about TiE's transformation since its starting as a group of like-minded buddies, to its present membership and attain. He mentioned that although the global economic outlook is bleak, we should always nonetheless keep trying onwards and upwards so far as supporting established and budding entrepreneurs. The remaining are Silicon Valley entrepreneurs of varied stripes. The One Million by One Million (1M/1M) initiative is saying a partnership with TiE Chennai that developed out of Sramana Mitra's presentation throughout TiE Chennai's Startup Tremendous Day on April 9, 2011.

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They formed networking organizations similar to TiE (The Indus Entrepreneurs) to teach others about starting companies, and to bring folks collectively. Indians, who represent solely 6% of Silicon Valley's working inhabitants, start roughly 15% of its companies. They concluded that the key to uplifting their community, and fostering more entrepreneurship in general, was to show and mentor the following technology of entrepreneurs.

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