Friday, May 22, 2009

Akshat Mullick (05) - Finalist at ET 'Power of Ideas'

From The Economic Times

. . . Akshat Mullick started a business in healthcare last August. When the Power of Ideas programme started, he sent in another idea, also on healthcare, which he had been thinking about for some time.

“There is tremendous opportunity in healthcare today. It is very under developed and fragmented,” reasons Mr Mullick. His idea revolves around wellness and healthcare outside hospitals. His existing business offers training in first aid and a number of other hygiene-related areas to schoolchildren, among other things.

At the group mentoring session, Mr Mullick says he got an insight into the evaluation parameters and how a start-up should approach investments. At the one-on-one session, he is hoping to talk to an investor with some experience in the healthcare business who can grill them and point out how to improve on the shortcomings. . . .

Read the entire article here.

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