AIF
  • Home
  • India Service Application
  • US Service Application
  • Senior Fellows Track
  • Meet Our Fellows
  • Alumni Corner
  • Blog
  • Publications
  • Get In Touch
  • FAQ

December 03, 2014

India’s Entrepreneurial Spirit

Mrinal Mohanka Fellowship

A young boy came up to me on the banks of the Tungabhadra River in Hampi*, and tried to sell me a guidebook. He was no older than 7 or 8. He says, in Hindi, “30 rupees – very good price.” Before I could politely decline, the young salesman continued: he opened the inside front cover and pointed to a sticker saying MRP Rs. 20, then flipped to the back to reveal a map of Hampi, with Rs. 5 printed on it. Finally, he answered the question that was on my mind, and said, “and 5 rupees for me.” A brave move by any salesman, but let’s credit the transparency about his profit margin – certainly a bold, and I felt opportunistic and enterprising, approach.

It got me thinking about the grander spirit of opportunism and enterprise that is often talked about and, in my experience, Indians claim to inherently possess. The story that’s left a lasting impression over the years is the one about Starbucks’ launch in India. No, not the story of yet another megabrand coming to the subcontinent, but that of the opportunistic tea vendors, chaiwallas, that started selling tea to those standing in ridiculously long lines for coffee.

Another spot in Hampi that epitomized this spirit was Hoova Café, our venue for lunch one day.

It was one of two restaurants on the north side of the Tungabhadra, and the other was already closed at 2:30 p.m. It was, let’s be frank, an extension of the owner’s house. If you need evidence, the restroom I used had eight toothbrushes in it—I’m assuming he has a big family. The chairs were dust-laden and no menu existed, but he said he could get us a platter-style meal. The food took a while because his wife was cooking it fresh, but when it came it was very palatable. But let’s focus on the end result: good money for a monopolist restaurateur working from home!

I’ve been back in India for only about 3 months now, and I’ve already seen enough to think the spirt of opportunism and enterprise is alive and well. India’s Silicon Valley is how many people described Bangalore to me before I got here to join Babajob. A few weeks ago, I really experienced why: I was attending a conference of tech startups, and came across several young Indians with big ideas and their own ventures. I had the good fortune to meet Rohit Bagaria, founder of India’s first online Recommerce portal, www.budli.in – a portal to easily value and sell your used devices. He was from Calcutta, like me, and had left the comforts of home to start Budli.

I’ve been very impressed by people in Bangalore and their drive to go solo and try to build something of their own. But while Bangalore has provided me with many examples of stories like Rohit’s, what impressed me most about his story is that he’s one among very few Calcuttans. The steps he’s taken are rare for a 20-something from the City of Joy, and that to me is a sign that there is a contagious drive spreading through the country, inspiring people to take a risk and try start-up life.  (I hope that over time entrepreneurs don’t feel a need to flock to Bangalore, but that’s a story for another day…)

It’s exciting, intriguing and inspiring, to be in Bangalore and take in what’s going on in the space around me, and I’m definitely enjoying it so far. That said, let me leave you with a reminder that there are always two sides to every coin, and that the Indian opportunistic approach sometimes steps into the unethical and illegal…

 

*For those curious about what Hampi is: A UNESCO World Heritage Site in Northern Karnataka, an overnight bus journey from Bangalore. It was the capital of the Vijayanagar Empire, which lasted from the 14th to the 17th century, and has ruins that are 500+ years old. Some photos below:

   

Author

  • Mrinal Mohanka
    Mrinal Mohanka

    Mrinal understood the power of Economics as a tool to transform society while working as a volunteer at the Grameen Bank in Bangladesh. Though still in high school, he realized economic development was going to be integral to his future plans. Much later, as an undergrad, he interned with the Omidyar Network, a philanthropic investment firm founded by Pierre Omidyar, the founder of eBay. Here, upon witnessing the huge double bottom-line impact such organizations have, he decided to focus on social enterprise. Mrinal was born in India where he schooled for the first sixteen years of his life. Thereafter he left for London to study at Westminster School. He then moved on to Columbia University in the US, where he majored in Economics. Since he graduated in 2012, he has been working with Booz & Company as a management consultant in New York. While at Booz, Mrinal was heavily involved in their pro-bono partnership with the Clinton Foundation. He ran projects as well as participated on teams with the foundation's affiliate - The Centre for Facilitation of Investments in Haiti.

    Mrinal has prior experience working in India through internships with Rare Enterprises, a private equity firm, and 3D packaging, a decorated plastic tube manufacturer.

    View all posts
mrinalmohanka

Mrinal understood the power of Economics as a tool to transform society while working as a volunteer at the Grameen Bank in Bangladesh. Though still in high school, he realized economic development was going to be integral to his future plans. Much later, as an undergrad, he interned with the Omidyar Network, a philanthropic investment firm founded by Pierre Omidyar, the founder of eBay. Here, upon witnessing the huge double bottom-line impact such organizations have, he decided to focus on social enterprise. Mrinal was born in India where he schooled for the first sixteen years of his life. Thereafter he left for London to study at Westminster School. He then moved on to Columbia University in the US, where he majored in Economics. Since he graduated in 2012, he has been working with Booz & Company as a management consultant in New York. While at Booz, Mrinal was heavily involved in their pro-bono partnership with the Clinton Foundation. He ran projects as well as participated on teams with the foundation's affiliate - The Centre for Facilitation of Investments in Haiti.

Mrinal has prior experience working in India through internships with Rare Enterprises, a private equity firm, and 3D packaging, a decorated plastic tube manufacturer.

Post navigation

Previous Post Previous
Next PostNext

You Might Also Like

September 03, 2026
Same Mission, Different Ethos
A Day in the Life: Jamshedpur Edition
September 02, 2026
What Is the Role of Life Skills Education?

Latest Posts

  • Same Mission, Different Ethos
    September 3, 2026
  • A Day in the Life: Jamshedpur Edition
    September 3, 2026
  • What Is the Role of Life Skills Education?
    September 2, 2026

Follow Us

Stay up to date on the latest news and help spread the word.

Support Our Work

Help transform the lives of millions of people in India.

Donate Now  See Your Impact in Motion
AIF-logo-white-300x99

The American India Foundation is a 501[c][3] organization committed to improving the lives of India’s underserved, with a special focus on women, children, and youth.

DONATE NOW
NEW YORK | CALIFORNIA
  • About Us
    • Mission Vision Values
    • History
    • Impact in Motion
    • Programs at a Glance
    • People
    • Knowledge Center
    • News and Updates
    • Blog
    • Financials
  • Our Work
    • Education
      • Digital Equalizer
      • Learning And Migration Program
    • Livelihoods
      • Ability Based Livelihood Empowerment
      • Market Aligned Skills Training
    • Leadership Development
      • Banyan Impact Fellowship
    • Integrated Programs
      • Support Adolescent Health Education & Livelihood Initiative
      • Skilling Nutrition Education and Health
    • Humanitarian Relief
      • AIF COVID-19 Relief Response
      • COVID Rehabilitation Fund
      • The First Million
    • Public Health
      • Maternal And Newborn Survival Initiative
  • Get Involved
    • Explore Our Chapters
    • Join Circle of Hope
    • Become a Young Professional
    • Create a College Chapter
    • Become a Youth Ambassador
    • Become a Corporate Partner
    • Start Your Fundraiser
    • Join a Mission Trip
    • Join an Event
    • AIF Arcade
  • Ways To Give
    • Light A Lamp
    • Donate Crypto
    • Give Stock
    • Give from DAF
    • Become a Monthly Donor
    • Start a Birthday Fundraiser
    • Leave a Legacy
    • Donate in India
    • Contact Us
      • Donor Portal
      • Inquiries
      • Careers
  • Donate Now
    • Give Once
    • Give Monthly
    • Humanitarian Relief
      • Donate to Nepal Flood Relief
      • Donate to Assam Flood Relief
    • Give to the Galas
      • Bay Area Gala
      • New England Gala
      • New York Gala
charity-navigator
gep-logo
guidestar
non-profit-logo
© Copyright 2000-2026 American India FoundationTM is a 501(c)(3) organization (EIN: 13-4159765)
Privacy Policy
  • PRIVACY
  • COOKIES
  • TERMS
  • PRICING
  • API
  • DATA

Follow us:

Subscribe to newsletter

Become a Fundraiser or Donate to Light a LAMP

Privacy & Cookies Notice
We use cookies and similar technologies to collect information and to personalize the site. By continuing to use this site, you consent to the placement of these cookies and similar technologies and to our privacy practices.

Read our updated Privacy Notice to learn more.
Accept all cookies  Cookie Settings
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate. Out of these, the cookies categorized as necessary are stored on your browser as they are essential for the working of the basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
55326088507_cfb3c39d82_z
55327217314_d3170dfbeb_z
55327418330_706ee45295_z
55326999221_dd05aa938f_z
55327215664_316a7e95a3_z
55327159633_e6611a9578_z
55326086597_bf1f2dafc8_z
55327161938_31321a5d4f_z
55327416140_066c9bbe4b_z
55327216419_f1fd1dc9cb_z
55326994101_e3409674c2_z
55327154373_c75309513b_z
55327156008_5e9316ba57_z
55327002316_48cd65ca3b_z
55327217634_4f1bb2d997_z
55327217854_904e0ea6ee_z
55327217139_28151b7ca8_z
55327002721_13df3dba30_z
55327418650_a3eaf0175d_z
55327417775_25a3efe985_z
55327418585_69454371cc_z
55295022115_495c9bc5d8_b
55293699227_1100d34999_z
55294998903_fcf6276958_z (1)
55295257085_4189543693_z
55293699602_a44b8cf1b3_z (1)
55294998823_22b1f4831f_z
55294844896_a81ccb1846_z (1)
55294611521_e14e12d38c_z
55294999178_1357596fb5_c
55294844896_a81ccb1846_z
55293935307_955ab8d3f0_z
55295085929_402beaf049_z
55294844171_327a23d9d0_z
55294843796_7eee300eef_z
55293934807_983306db41_z
55293934922_97490ccb18_z
55294997918_bd68b50a00_z
55295255930_87514247df_z
55294843206_9ee356b6f9_z
55294842516_c20d7c699a_z
55293932587_eb9c10dc05_z
55294841536_5c7842d9f8_z
55295254900_b32dfbd193_z
55294998903_fcf6276958_z
55293699602_a44b8cf1b3_z
55294845186_3b04736eb0_z
55295254255_0b29cda9a9_z

Start Your Collegiate Alliance Today!

Connect with us to learn more, request a fundraising toolkit, and ask questions about forming a collegiate alliance.

Subscribe for the Newsletter

Subscribe

Keep up with the latest AIF news and updates on our programs, events and campaigns

-

Please share the name and email of the person you would like to recommend:

To automatically download the marketing collateral, please share the following details:

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset