Fostering start-ups in Hyderabad

Murali Bukkapatnam, who will don the hat of one of the trustees of TiE Global, talks about the future of start-ups in India.

After his role as the president of TiE Hyderabad in the past, Murali Bukkapatnam is ready to play a bigger role as one of the trustees (and the only one from AP and Telangana) of TiE Global.

Murali, who hails from Ananthapur, moved to the US to do his Masters in Computer Science and has been associated with TiE since 1992, initially as a volunteer.

He moved to India in 2008 to focus on a company in the hospitality sector which he had invested in. He then went on to become the president of the TiE Hyderabad.

“Between 2013 and 2014, I gave away around 800 hours of mentorship. I built the organisation as my own start-up. This year, I have the opportunity to play a bigger role as the TiE Global trustee,” says Murali, who runs

“We work with the Ministry of Rural Development and the National Skill Development Corporation. Be it drivers, housekeepers, carpenters, etc., we teach them the required skills, give them a certification and provide them employment. My aim is to create employment opportunities for 1 lakh people.”

Talking about his new role, Murali says, “I will have bigger responsibilities; I will also focus on increasing the number of chapters. Now Telugus have two states and with that there are lot more opportunities. May be we can have chapters in Warangal, Vizag, Karimnagar, etc.”

TiE has also been an integral part of working on the policies of Startup India, announced by Prime Minister Narendra Modi recently. “These policies can make a difference. We can bring capital directly from the US to invest in the start-ups here and this will be announced during the upcoming budget session. NaMo has announced the initiative, now it is up to the entrepreneurs to take it ahead. Modi has sold the idea of a start-up not only to the entrepreneurs, but to the commoners — to our parents and neighbours. He has removed the entry barrier. I am hoping that there would be a few more relaxations during the budget from the investment point of view.” Murali also stresses on how the Telangana Government, too, has been a great support. “We are one of the major partners for T-Hub. K. T. Rama Rao has enormous energy and ideas on how to make Hyderabad a start-up capital.”

( Source : deccan chronicle )
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