Here’s good news for the young and budding entrepreneurs in the country with a social orientation. One of the co-founders of Sun Microsystems, venture capitalist and founder of Khosla Ventures, Vinod Khosla, is planning his first entity outside the US.
Khosla Labs, the new entity, will act as an incubator for technology start-ups in India. It is expected to start full-fledged operations within six months.
Khosla has hired Srikanth Nadhamuni, Head of Technology at Unique Identification Authority of India (UIDAI), as the CEO of the labs. Nadhamuni was instrumental in building the technology backbone for India's ambitious UID project ( Aadhaar ) which aims at giving unique identity for 1.2 billion residents. As of now, UIDAI has provided identification numbers to about 200 million residents, and aims to enroll around 400 million by 2014.
To read the original article: Vinod Khosla sets up entity in India for start-up incubation
