US firm to back 100 startup firms

Bullish on India, US-based global management consultancy giant Korn Ferry Hay Group has embarked on an ambitious plan to support for free 100 startups from the country that have potential to grow big, its CEO Stephen D Kaye said on Friday.

Mr Kaye also said that he is seeing emergence of a “more global India” that has a tremendous talent base and the consultants working with the Group here are capable of servicing some of the most prestigious clients around the world.

“We see a very capable and bullish India market. India is now a country that is living up to its potential, growing quic-kly with world class co-mpanies,” Mr Kaye said.

The group, whose clients include governments, public sector companies, family-owned enterprises as well as listed private sector companies from across the world including many top Fortune-500 firms, is present across 56 countries and has a significant presence in India.

Talking about the group’s ambitious NextBig100 programme, Kaye said the Group is supporting the next big-100 startups in India and would help them as they go through various growth stages.

“We are working alongside those companies to help them move forward and to support the development of business in India. We are very much part of the local business community in which we work.”

“We can help them think through some critical issues as they go through various phases. A lot of growth is also going to come from these startups and we will play a role by supporting them for free, that’s our contribution to the economy,” said Mr Kaye.