#22 How Kishore Natarajan and his team went to the Silicon Valley to raise $80k and came back with $700,000!

#22 Kishore Natarajan

Meet this week awesome studentpreneur: Kishore Natarajan, 22 years old, Naval Architect student at IIT Madras and entrepreneur at HyperVerge, India.

Wrap up:
Each studentpreneur’s story is different and what works for some people doesn’t for others, however I’d like to point out of few things in Kishore’s journey that are similar to the studentpreneurs I have talked to:

Contrary to a lot of Studentpreneurs Kishore wasn’t entrepreneurial before University. However he joined with interest the extra curriculum activities offered by the student interest groups. This is how he discovered a new field of interest and new friends. He and his teammates built their confidence by winning international student competitions. Thanks to that confidence they all agreed to not take the jobs they were offered, and instead focus on their business. Kishore and his team have found their alumni network very supportive in their journey, and also some key professors. Check your alumni network and contact them for your business!

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Tips:

– Leverage your alumni network

– It’s the team that matters

Links:

Facebook: https://www.facebook.com/HyperVerge

Twitter: @hyperverge

HyperVerge website: hyperverge.co

LinkedIn: https://in.linkedin.com/in/natarajankishore

If you have what it takes you can apply to share your story on air. CLICK HERE

Transcript:

Julien: Welcome to this new episode of StudentPreneur. My name is Julien Marchand, entrepreneur turned PhD student. Thank you to all of you long term listeners and new listeners. I hope you are enjoying all the student entrepreneurs taking some time to share with you their motivating stories. I would love to hear your comments and entrepreneurial stories on our Facebook page so visit StudentPreneur podcast on Facebook and also like us.

 

Each week I bring you the best of those individuals who are students and entrepreneurs. I call them StudentPreneurs. This week our student entrepreneur is Kishore. It’s a story of a naval architect student who ends up building a visual recognition company with his mates and as he says it’s all about the team. Listen up.

 

All right, today we’ve got Kishore Natarajan with us. Kishore is 22 and he’s from India. He just finished his degree as a naval architecture at IIT Madras and currently in the burn phase of his business called HyperVerge that he started with other students. Is that right Kishore? Do you want to introduce yourself and your business?

 

#00:01:23-1# Kishore: Hey Julien. Thanks for the intro. Hey guys, I’m Kishore Natarajan. As Julien said I recently graduated from IIT Madras with the Naval Architecture in Ocean Engineering degree. I have a business which is HyperVerge where we call ourselves a computer merchandise. We handle machines see just like how we humans do. We write all these cool algorithms and softwares which help machines do, visualize and look at objects as we look at it.

 

#00:01:50-9# Julien: It’s customer focused?

 

#00:01:55-8# Kishore: HyperVerge is a technology company. What we do is develop technologies which help in different applications so just to give you an idea of what kind of technology it does just like we humans look at photographs and understand the contents of it so what if a computer is able to do the same thing. Say, if we pass an image to a computer and it’s able to identify different phases within the same context in which the photo has been taken, the different objects in it. That’s some kind of a technology. What we do is develop all these technologies, set it up on the cloud which businesses can use while we as a team are more inclined towards developing consumer facing products.

 

#00:02:35-6# Julien: You’re going down the B to C path. Will you say you’re competing with like Google Photos?

 

#00:02:46-9# Kishore: Yes, so a lot of applications very recently. You have google Photos, you have Facebook Moments and you have a couple of startups that are also doing the same thing. We have a different kind of user flow which tries to tackle a slightly different problem as such. I will explain about the product in detail once we go into it.

 

#00:03:06-9# Julien: Do you want to tell us how you got started?

 

#00:03:08-5# Kishore: It all started so much as a fun so when we had gotten to college which is IIT Madras we had this student interest group which promoted students to try their hands on technology. That’s how as a naval architect I got the chance to work on this technology called computer vision and there were seniors and a couple of people who kept meeting us and giving us exposure to all these technologies to solve a very difficult academic problem. When we were at our first year in college we were pretty much solving our problems like reading Arabic characters and converting them to English. This is the first place where we got our exposure to technology.

 

#00:03:41-9# Julien: Was it compulsory or did you just do that?

 

#00:03:44-3# Kishore: It wasn’t compulsory. It was more of a student interest group. You have these bunch of seniors who are there hanging out at the technical club and trying to teach people. If you are interested you go there and spend time with them. They teach you and then you’re learning the process.

 

#00:03:58-9# Julien: How did you find about these groups?

 

#00:04:01-0# Kishore: These groups are pretty active at IIT and if you are some guy who is interested and wanting to spend time with the technology which I thought it should be doing so you get to hear about all these groups and then you will join one of them and try your hands on it. We have a lot of groups and one such group was Computer Vision Group. We used all these high or so called difficult academic problems for us at that stage and we used to participate in all these international competitions representing India so we had post graduates and graduates from top schools like MIT, CMU, Berkeley and all these people used to participate.

 

What happened was at these events we were acknowledged as one of the best teams to have learned of this technology. That gave us a lot of confidence boost. Then we came back from the competition our outlook had changed. We were shifting our focus from academic problems to more of an industry oriented problem that we wanted to apply the technology.

 

We started consulting different companies so we ended up consulting 15 Indian companies including ITC which is an Indian tobacco company and MRF which is Michelin of India.

 

#00:05:06-6# Julien: Sorry, when you say consulting you went to work for them to solve some of their problems?

 

#00:05:12-7# Kishore: Yes. Other student interest groups we took up their consulting projects. At IIT Madras we have the center which is industrial consultancy and sponsored research through which professors consult different industries.

 

#00:05:28-1# Julien: It’s with the professors.

 

#00:05:31-2# Kishore: That is the center through which professors take up consultancy project. We were the first student group to do the same thing with the guidance of professors. We’re a complicated student group and with the guidance of professors we could take up all these projects.

 

#00:05:44-3# Julien: That’s really good. That’s because you had the confidence through the big competitions.

 

#00:05:49-3# Kishore: Yes and then we wanted to really take it out to people rather than just trying to meddle around with a lot of academic projects and so on.

 

#00:05:56-0# Julien: But all of you were like engineers. There was no management students?

 

#00:06:01-6# Kishore: No management students. IIT is a technology institute and all undergrad degrees there are mostly on the technology side. In fact all of them are technology degrees that you go in for. We consulted pretty big companies by Indian standards. We work with ITC, we work with MRF which is for Michelin for India and we worked with Indian Railways which is again one of the largest railways in the world.

 

After a while we decided that we need to work on something even more futuristic in technology and we shifted our gears and moved on to work in futuristic technology. We wanted to bring them to the end consumers and enable new possibilities for businesses and so on.

 

#00:06:41-5# Julien: That’s a big shift because industries and consumers have very different needs and very different way of serving them.

 

#00:06:49-8# Kishore: Very true so what we did was we picked out a technology which we thought is going to be the next big thing in the future and while we did that we selected something called image recognition. As I explained it previously it is basically helping machines to understand what is there in your image and photograph. What happens is you have an image, it understands all the underlying concepts in it and tries to create its own understanding of the image. That’s the technology that we selected and we started to work on it.

 

#00:07:19-7# Julien: You made the decision to pick one technology that you all thought as a group will be big in the near future?

 

#00:07:28-5# Kishore: Yes.

 

#00:07:29-0# Julien: How did you make the decision because you’ve been working on a lot of different technologies before so what was the reasons behind this one?

 

#00:07:36-7# Kishore: So just to give you a timeframe on where all these things were happening. All the different 15 consultancy project happened from 2012 summer to 2014 December and starting 2014 December we wanted to work on something futuristic so we wanted to look for opportunities that are there and which would be supported that fast moving markets so we did a lot of analysis. We studied a lot of things on the internet to look up at what is the current trends in this technology, what is being expected to come out in the future and if these the technology that is coming out in the future, how can all these technologies be applied? We took our own month and a half to shop list around six different technologies. One offered being video surveillance, other being image recognition and a couple of other areas and at the end of it we had to work on two of these technologies to create prototypes before we went to the US in Summer 2014.

 

As students we decided this is the futuristic technology that we are working on then we need to go to a market which is really accommodative of such futuristic technologies and one of the fast paced market that we had access to are US because a lot of our alumnus and we have our alumni network well established there so we decided that we’ll go there.

 

We created two prototypes on these two technologies so we created something called a scene recognition module which identifies the scene context in a photograph say if a photo has been taken at the beach, a restaurant, a party hall, an auditorium, a stadium and so on. We developed a module which could recognize up to 64 scenes and we have patented it. Also developed a basic module on video surveillance which helps identification of people moving around in a mall and tries to identify (#00:09:28-2#) so these two modules we have gone to the US in Summer 2014.

 

#00:09:32-0# Julien: Just a quick question because Facebook mentioned a couple of years back that they had the technology to recognize people in your Facebook pictures. Is that possible because they said…

 

#00:09:43-4# Kishore: Yes. At this point we are also having the capability of recognizing people on the photographs. We have modules which will be working best for consumer photos within their camera.

 

#00:09:58-6# Julien: I’ve just heard, I think it was this week that there was a big story about Google Photos that their algorithms returned something pretty racist like there was a picture of an African American and google photos labeled it as gorillas. It’s still not perfect is it?

 

#00:10:14-9# Kishore: There’s a lot of problem with the AI. It’s nothing to blame google of. It’s in the illusion phase and the computer is also trying to learn just like how we humans do. To be on the safer side not to hurt anyone’s emotions I think these technologies to be put to use in a slightly different way. When you say you are trying to identify people in an image it’s better not to label them as animals and so on. When you’re saying you’re identifying people it’s rather good to say I’ve identified this person with these qualities and faces and structure and if you dont know who it is you just say you dont know who it is.

 

I think there’s slightly two different things which are there. One is generally carbon degradation of an image where you pass an image, it identifies and gives you tags on what it were. The computer understands all the image.

 

The next one is a specific set of modules where you say you give an image, I want to tell you what scene it is. I’m not going to tell you anything more. The next plausible thing is okay, I’m going to tell you all the objects in this and the other time could be I’m going to tell you all the animals in this, all the people in it and different things so yes, it can be put to use in different ways. I strongly believe there is nothing to blame google on this. It’s just that the technology is very immature at this point.

 

#00:11:25-5# Julien: Even google is making mistakes so it’s fine.

 

#00:11:28-5# Kishore: Yes.

 

#00:11:30-0# Julien: At what stage did you realize that from doing consultancy work, at what stage did you realize that you could actually build a business and make some money?

 

#00:11:39-2# Kishore: The initial consultancy project that we were working on, from Day 1 we started realizing promising revenues and when you are a student from India so you have small figures like a couple of (#00:11:52-9#) in Indian rupees seems to be a big number for you. That’s obviously promising for any student to take a decision saying this seems to be a viable option and we can go ahead and do something in this space but the seriousness of it came when we actually saw the impact of what it can do and not just the revenues. When we went out to consult these industries we are solving some pretty simple problems and those things are adding pretty huge values to the industries and when we see the impact that these technologies can create we are really move by and we said if we are doing something then let’s go out and impart people with these technologies and nothing more.

 

All of us when we were taking this choice, making this conscious choice had offers, jobs offers from different places. One of my co-founders had a job offer from Microsoft Redmond and I had a job offer from Slumberjack somewhere around 60 laps which is a $100,000. One other co-founder of mine had a job offer in California working with a startup. We said though all of these benefits are there we still need to work on these technology and see where we can push this technology forward.

 

#00:13:04-1# Julien: You really had to make a serious decision because you actually had an opportunity, it was like proper job.

 

#00:13:11-1# Kishore: When it came to the time of making a choice it was no longer a choice that you have to forcefully make. We were just all on the subconscious desire that we’re going to startup and the choices were just the time came by and went pass us. We never really took a lot of note on it.

 

#00:13:28-8# Julien: How does that work when you guys, all students in your 20s went to talk to those big companies that you were consulting for like that didn’t see any professors behind you?

 

#00:13:41-1# Kishore: There are two things. One IIT has a brand in this place and students from IIT are expected to be good and willing to solve problems. The second one is obviously our professors were behind us. They were all supporting us because we were taking a different kind of an initiative and they really wanted to help us out so they introduced us to first few companies and from then on it was left to us to go and explore different opportunities and select the problems, what to solve and obviously mentors, the professors are advising us on how do we go about the problem solving. Is it a good problem to solve and structuring the cost structures and charging the company into them? Our professors are always helping out with all these things.

 

#00:14:24-9# Julien: How did you manage between all those different consulting projects and your studies in naval architecture?

 

#00:14:36-3# Kishore: I think these are just two different tracks for me because you have college from 8 morning to evening 4 and pretty much the rest of the time was left out for students to explore their interests and do whatever they’re willing to.

 

#00:14:50-4# Julien: They’re open to the idea of you trying different things as well?

 

#00:14:54-6# Kishore: Correct. IIT assets offers you a lot of things to do so it could on the outside where you’re learning how to dance and play guitar or it could be on the sports side where you are actually trying to hone your skills in what you love and a lot of other things or you could be one of those guys who go and work on technology. I chose to be the last one where I prefer to work with technology. There are a lot of people like me in ITT.

 

#00:15:21-8# Julien: When you were, you worked every time that you were not studying and in class I guess?

 

#00:15:28-1# Kishore: It’s more fun because you find all the people with similar interests and you just keep discussing and working on things that you’re really interested in so as soon as the college ends you go to a place where all of us meet which is here at IIT we are very happy to have this place called Center for Innovation which is a very huge space, a student workshop kind of a thing where we get to work on all these different technologies.

 

#00:15:54-2# Julien: So there was a center for innovation. Was it kind of an incubator program for you guys?

 

#00:16:00-2# Kishore: It’s more of a student interest groups which come together there and start working. We have groups which work on automobiles which constructed race cars and we have groups which work underwater vehicles. We have groups which work on miniature airplanes, quadcopters and a lot of others things. We have a robot building groups.

 

#00:16:22-7# Julien: Did your business have any impact on your studies? Did you fail some classes or did you miss some exams?

 

#00:16:28-8# Kishore: That’s not the case because there were sufficient time that you need to allow for studies is already being done. You go to classes. (#00:16:37-2#), whatever work it takes on the academic side. The rest of the time which is left out for you to be free or explore your interests is what I’m interested in working on in things that I’m interested in.

 

#00:16:47-9# Julien: Can you give an example, a week for instance, how much time will it leave you to do whatever you wanted?

 

#00:16:55-2# Kishore: Let’s take a week so in a week typically all days are pretty much the same. You have classes starting morning 8 o’clock and there are one and a half (#00:17:03-1#) which goes on until probably 3 or 4 in the evening. The rest of the time is left out for you. After your classes get over you pretty much freshen up, play for some time, have some fun and then go to this workplace where it’s pretty much around 7 or 8 and stay up until 1 or 2 in the night where we keep having fun and we keep working there. That’s where we learned all this stuff so it’s pretty much in four years I have spent learning these different things also.

 

#00:17:32-4# Julien: For you working until 1 AM was fun?

 

#00:17:34-6# Kishore: Yes, not just for me. There are a lot of people who prefer working than going to classes so a lot of just keep liking what they do and they keep doing it.

 

#00:17:45-7# Julien: Is that how you learn by just trying and getting into those students and interest groups?

 

#00:17:51-7# Kishore: Yes, that is the only sole way which we start to learn. That is our start which happened with respect to technology and then we completely went onboard.

 

#00:18:00-6# Julien: Do you read on the side or do you follow blogs or YouTube?

 

#00:18:03-8# Kishore: Yes. Our approach is more of a problem solving approach. Say you have a problem which you have identified and you need to solve the problem using the technology that you have. Then you pretty much take all these necessary steps in learning that you need to do in order to solve the problem. Whatever technology that you need to learn to solve it you just go, sit, learn and then you solve it.

 

#00:18:26-9# Julien: Is there any place that you go to in order to find an answer like on the net or is that always a different place?

 

#00:18:35-3# Kishore: Always a different place and you just google around, you find specific blogs and sites which help you do that. Anyone who has googled it many times which is a good source to find answers for their particular domain.

 

#00:18:50-2# Julien: What type of support did you have from I guess your university or your professors or mentor? What type of support did you have?

 

#00:19:00-4# Kishore: First thing from the university is our time that we have and second is the infrastructure and all the infrastructure support that they gave. Third thing which is our professors which is one of the largest so there are a couple of professors who create a lot of these student groups to take part in all these competitions, develop their technology and so on. I think these are the three most important things and the fourth which I would say is the largest contributor is your peer group so a lot of people with similar interests trying to play around with the problems and technologies is the best thing that we had.

 

#00:19:42-6# Julien: Just to go back you mentioned infrastructure, how does the university support you in terms of infrastructure?

 

#00:19:47-7# Kishore: I mentioned about Center for Innovation. This is a physical area which can accommodate a lot of people in fact with all proper seating. They also provide you funds for buying different hardwares and making robots and so on. This is all alumni funded and our alumni had funded at this particular program where our Center for Innovation could be set up and student projects can be funded.

 

#00:20:15-7# Julien: That is pretty good and what about you as a business HyperVerge where are you located? Are you on campus or are you outside campus?

 

#00:20:24-9# Kishore: We started out when we were at campus and now we moved on to our own office, very close to IIT. It’s a place called IIT Madras Research Park. There are a lot of startups get incubated and establish their companies there. It’s an IT park.

 

#00:20:41-6# Julien: Did the university helped you finance your stay at that place?

 

#00:20:48-0# Kishore: There was more of an incubator, get your company incubated and they give you an initial small token amount to run your company. What happened with HyperVerge was really interesting so when we were doing all these consultancy projects. We got ourselves incubated and set our company up at IIT Madras Research Park. As I was telling you in 2014 we had moved to the US in the hope of working with futuristic technologies and the US a lot of things happened good with HyperVerge. With the technology that we have developed we could impress a lot of professors at MIT and one of them had agreed to come on board looking at small and very young kids doing such good technology work so we have Prof. Ramesh Raskar from MIT Media Labs as one of our advisers.

 

#00:21:35-1# Julien: That’s pretty amazing.

 

#00:21:35-9# Kishore: And we went to Bay Area. We showed our technology, showed our vision for the company. We raised funds from a couple of large venture capitalists firms from the US.

 

#00:21:45-4# Julien: How did you do this? How did you know where to go to for fundraising?

 

#00:21:50-2# Kishore: We were already (#00:21:51-7#) so when we said we are working on futuristic technology our idea was to go to the US and work a startup campaign, people will fund our project and we go by the crowdsource way. We went there with the idea of raising around $80,000 but by coming back we came up with $700,000.

 

#00:22:08-2# Julien: You came back with $700,000. That is pretty good.

 

#00:22:14-6# Kishore: HyperVerge really had a very good team of very smart people and in fact has already a smart set of people and I think I should really be proud to be part of such a team.

 

#00:22:26-2# Julien: It seems like you’re doing the right things but how do you know where the VCs were because you came from India, you’ve never been in the Bay Area? Did you have your professor introduce you to venture capitalists? How did you do it?

 

#00:22:42-7# Kishore: As I told you IIT M Alumni network is pretty big. A lot of alumnus stay and have established a lot of companies in the Bay Area. When we met to Bay Area we met a couple of VCs, angels and we weren’t going anywhere because we were totally inexperienced at that point and for a period of 20 days me and my co-founders had really picked up what actually is required at that place and we could turn around our whole pitch deck and we raised money from NEA which is the second largest venture capitalists when it comes to technology space and we also raised funds from Naya Ventures which is again one of the new, very hungry firms from Dallas. We raised funds from (#00:23:28-6#). These are two big investors in the US so they funded Facebook at a very early stage. They also funded Lift which is (#0:23:39-2#) in the US and they have chosen to invest in us.

 

#00:23:42-1# Julien: That is pretty fantastic. When you’re there to raise $80,000 and you come back with $700,000 but as you said it seems that the power of your alumni network really helps you there. That’s pretty amazing.

 

#00:23:57-5# Kishore: Very true.

 

#00:23:58-8# Julien: Your skill as well because if you impressed the professor at MIT to be your adviser that gives you even more confidence for investors to back you up really.

 

#00:24:08-7# Kishore: Correct so that is the first thing which happened so we could meet our Professor Ramesh Raskar and we had met him in US and then show them the technology. We met them again at the Bay Area and then he said, I can come on board as an adviser and we are totally shocked because we used to admire him and even before we met him at US we used to watch all of his TED talks and we were pretty much aware of all the technology. When he says okay, I can be your adviser. We’re like okay, wow.

 

#00:24:33-5# Julien: That’s really cool. I understand. You’ve got those people that are kind of online mentor and then become the real thing. That is pretty cool so an adviser like this it’s just excited to be working with you because there’s no money or anything for them is there?

 

#00:24:52-6# Kishore: No. First of all they look at us as young students who are trying to really do something in this space and who are ready to invest all their time and energy doing it. They look at us as young people who really need the support and they are happy to help us out. That is their single, biggest motivation rather than money or anything else. As a business we do have structures which gives equity out to advisers but I think they are not really dependent on it. Their entire motivation is just to push us around and then help us walk through the path of entrepreneurial phase in this technology.

 

#00:25:29-4# Julien: Now that you’re back in India how do you communicate with your adviser and also with your investors because I guess they want status updates, what you guys are doing?

 

#00:25:42-1# Kishore: All outgoing communication is taken care by Kedar, who is the CEO of the company and is a co-founder and CEO. He take care of all the communication. He spends half his time here in India and half his time in the Bay Area. He meets and talks to people, keeps them updated on what is happening, takes suggestions and we discuss it and then make our decisions.

 

#00:26:00-4# Julien: That makes sense. You have to have someone that stays in the Bay Area. That is face to face contact. That is awesome. In the middle of all of this how did you have time to go to the Global Student Entrepreneurship Award?

 

#00:26:16-1# Kishore: That just happed in the flow. I go to the Tech Incubator and (#00:26:23-1#) so they sent a mail and they called us up and said, you were students. You should pretty go and participate in this competition. I went and registered. I went for the Indian nation finals and it was a very natural thing. I just went there without so much of an expectation or any intention, just went there to present HyperVerge as a team and I spoke about HyperVerge. That is pretty much what I did.

 

#00:26:45-3# Julien: Wow and then you got selected to go further right?

 

#00:26:47-5# Kishore: Yes, I got selected to go further and unfortunately I couldn’t make it to the global finals because we had some business, critical issues going on and it was pretty much essential that I be here.

 

#00:26:59-1# Julien: It sounds like you didn’t have time. After everything you told us I’m like how did you manage to go there?

 

#00:27:03-7# Kishore: For this event I couldn’t actually make it up there. We had a lot of things going on around here and I told (#00:27:10-8#) that I’ll be here and work with the team.

 

#00:27:12-8# Julien: How was it to go to at least to the Indian final, like to see other students like you being entrepreneurial and starting their own business?

 

#00:27:21-1# Kishore: It’s pretty motivating. Best of all you have all these 30 to 40 people who are in the same journey as you are and that really gives you a kick so you go watch them, you really feel that all of you are together and take a different path from the rest of the world so that is one. The next one is you get to meet a lot of entrepreneurs who are very experienced, who run pretty big businesses and talking to them for a couple of minutes also gives you a lot of knowledge so I make it a point to keep in touch with them. I call them once in a while and tell them what’s happening, seek their advice and I really love the community entrepreneur organization community. That’s a pretty good community which is there.

 

#00:28:07-9# Julien: Was it more like business oriented than engineering oriented, those people?

 

#00:28:14-8# Kishore: It has I think an equal measure of things both engineering and businesses like some of them are from engineering backgrounds who have built businesses and as entrepreneurs it should goes (#00:28:23-9#) would be the only time you move away where you actually do technically to enter into business so I got to meet a lot of experienced business people there.

 

#00:28:32-8# Julien: You extended your network so you already have your network of alumni students and now you build up your network with the one from the GSEA competition. After all those success stories, I’m pretty sure you had some tough times through the years. Can you give us an example or two of a tough time?

 

#00:28:50-7# Kishore: I think entrepreneurship when it always gives you a high peak, it also shows you that there is a low peak so you end up going up and down all through the journey. If I have to give you specific examples so the reason why I couldn’t go for the GSEA finals was that we had to make some particular changes in our company. We are 15 directions and so on. We really had to put together a lot of resources on that front. That was one of our low phases. All of us were trying to figure out what the next big thing that HyperVerge should be working on.

 

#00:29:29-4# Julien: It was then. Now I understand. That was pretty critical.

 

#00:29:34-6# Kishore: Yes so that’s one I would say good learning phase that we had that we really had to spend a lot of time thinking through, experimenting, building out and so on.

 

#00:29:44-8# Julien: Yes because you dont want to miss because you all gave up on your own jobs and there was a decision to redirect the business side.

 

#00:29:54-2# Kishore: It was never about the opportunity cost but it was more about okay, we as a team are together and if we need to move forward we really need to make the choice is right. All of us here value their team the most and when we have such brilliant with us. We never want to let anyone down. We just want to stay together and what is required to stay together. We are doing those choices right now.

 

#00:30:15-7# Julien: That’s a great spirit. Is there anything else that you want to share with the audience?

 

#00:30:24-2# Kishore: HyperVerge, today is focused on putting in these futuristic technologies to consumers and it has to bring it out to consumers in a way where end consumers, very normal end consumers like you or me should be happy using the product so that is our vision as of now. If we have to realize that vision we need a lot of help and support from outside. We are looking to reach out to mentors who will help us grow our consumer application and take it to the next step.

 

#00:30:49-5# Julien: You’re looking with mentors with consumer experience?

 

#00:30:54-4# Kishore: Yes and all the consumers out there who are willing to look into what HyperVerge is really doing. They can definitely check us out and get in touch with me. I’ll be happy to interact with them.

 

#00:31:06-0# Julien: How do they reach you?

 

#00:31:07-8# Kishore: They can reach me through LinkedIn where I have put out my LinkedIn profile that I have given you. They can also reach me through my Twitter handle.

 

#00:31:17-5# Julien: Twitter, I’ll put it in the show notes and your Facebook page as well to follow you. Excellent, all right. It sounds really exciting. It sounds like you guys are on the right track. You know where you want to go and you’ve got the fundings for it and you’ve got the motivation. You just need the consumers now.

 

#00:31:39-9# Kishore: Yes. That’s the stage where we are so we are working on it.

 

#00:31:44-8# Julien: All the best and we’ll be following your progress through your Facebook page and we hope you will all find success.

 

#00:31:53-9# Kishore: Thank you so much Julien. It was really good talking to you and it’s a pretty good initiative from your side for the student podcast and I hope it really motivates people who you are intending to motivate.

 

#00:32:04-8# Julien: You’ve got a pretty example of you guys going to the US to raise $80,000 and end up raising more than $700,000. It’s a good experience, like it’s a good example that you can do it. You turn around. It didn’t work for 20 days. You turn around your deck and with the help of your network then you raised the right amount. I mean that is crazy. That’s a crazy example. That’s good motivation.

 

#00:32:29-2# Kishore: It’s a team and mentors and that short I would say. Finally everything was down to the team. Your team includes your mentors, advisors and people who are working with you.

 

#00:32:39-5# Julien: That is beautiful. All right, all the best. Catch you alter.

 

#00:32:42-6# Kishore: Thank you so much Julien. Bye.

 

#00:32:45-8# Each studentpreneur’s story is different and what works for some people doesn’t for others, however I’d like to point out of few things in Kishore’s journey that are similar to the studentpreneurs I have talked to:

 

Contrary to a lot of Studentpreneurs Kishore wasn’t entrepreneurial before University however he joined with interest the extra curriculum activities offered by the student interest groups. This is how he discovered a new field that he liked and also new friends. He and his teammates built their confidence by winning international student competitions so keep your eyes open for competitions. Thanks to that confidence they all agreed to not take the jobs they were offered and instead focus on their business. Imagine if they hadn’t won those competitions or even attended them. Kishore and his team have found their alumni network very supportive in their journey and also some key professors. Check your alumni network and contact them for your business.

 

If you’ve enjoyed this podcast episode make sure that you subscribe so you can get a fresh episode every Wednesday. Support the StudentPreneur podcast by liking the Facebook page and giving 5 star reviews in iTunes. Keep wrecking the mindset and the stereotype.

 

 

END OF TRANSCRIPT

August 5, 2015

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