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TiE seeks to broaden boundaries.

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| June 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Abhijit Majumder

: TiE is pushing the boundaries of its identity. India's enterprise nexus in Silicon Valley and nine other nations is not limited to infotechies now.

In an effort to be more accommodative, it is seeking to cover areas like bioinformatics, entertainment, telemedicine and micro credit.

It's started by changing its name. TiE no longer stands for The Indus Entrepreneurs. Now it means Talent, Ideas, Enterprise.

But critics who disagree with TiE's vision of development say this doesn't change a thing. And some Indian entrepreneurs even accuse the network of being hype-driven and merely seminaroriented.

But Sridhar Iyengar, president elect, TiE Silicon Valley, who is in Mumbai currently ahead of TiE's tenth anniversary, says the organisation has met its first phase goal of tapping a huge crop of Indian entrepreneurs.

"Like all organisations, we ask ourselves are we relevant, are we adding value? Our first phase has been so successful that mainstream companies in the U.S. and Japan have enquired about our working model,'' he says. He says that the change is because "we want to be more about entrepreneurship than about IT entrepreneurship''.

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