While the Western world slept, India’s next generation of tech entrepreneurs was meeting to discuss the future of cleantech at Startup Saturday, a monthly event. On the verdant campus of the Indian Institute of Management, Bangalore campus, nearly 80 people gathered to talked about the challenges and opportunities of meeting India’s future energy needs through innovation, reducing consumption and even converting human motion and waste into electricity. Bangalore has been one of the world’s startup hotspots for much of the past decade, so it’s not as though the West was unaware of the meeting. Any meeting at 11 am Bangalore time is the middle of America’s sleeping hours.
Although we got to the event late, I still got to see a couple very interesting presentations. Karthee Madasamy of Qualcomm Ventures (whose list of succesful exits includes PayPal) spoke about cleantech companies in which his firm invests, both in the U.S. and Asia. One of the most shocking revelations of Madasamy’s talk was the opportunities available entrepreneurs who can reduce the power consumption of India’s mobile phone towers. Madasamy said that after the Indian Armed Forces and national rail system, celular phone towers are the number three consumers of diesel fuel in the entire country. Only 10 percent of towers are “off-grid.” Tell me more …













