TiE Silicon Valley has announced the first set of companies to participate in the Billion Dollar Babies program, a mentorship program for Indian startups. TiE (The Indus Entrepreneurs) is a non-profit network comprising of tech entrepreneurs and professionals who aim at nurturing Indian product technology startups into the billion-dollar club.
The Billion Dollar Babies is a six months program aimed at helping selective Indian product startups reach $1 billion in global enterprise value. The program will allow one of the company’s co-founders to relocate to Silicon Valley, wherein they can connect with mentors and venture capitalists, participate in the TiE CIO Forum and receive help with hiring, marketing and so on.
The companies selected so far include Seclore, that helps organizations achieve their security, privacy and compliance objectives with its Digital Rights Management solution - Seclore FileSecure, Sokrati - an integrated marketing platform for retail & local businesses, Vinculum - a multi-channel retailing and fulfillment for eCommerce and brick-and-mortar retailers.
The program is also working with a company called Druva, a company that focuses on data protection, that was previously mentored by TiE members. It’s founder Jaspreet Singh, will serve as an advisor to entrepreneurs in the the Billion Dollar Babies program.
In India, Billion Dollar Babies is co-chaired by Nishith Desai of Nishith Desai Associates, Ravi Gururaj of NASSCOM Product Council and Saurabh Srivastava, founder of TiE Delhi & India Angel Network.