The MK Stalin-led DMK authorities in Tamil Nadu has appointed alleged scamster Vijay Anand as Cheif Government Officer (CEO) of i-Tamil Nadu Expertise (iTNT) hub, a authorities centre that seeks to coordinate use of applied sciences like synthetic intelligence and machine studying in governance.
Minister for Info Expertise & Digital Providers Mano Thangaraj took to his social media to announce the appointment of Vijay Anand who in keeping with experiences has been accused of being a fraudster with no credentials and credibility.
Who Is Vijay Anand?
Vijay Anand, who identifies himself as “The Startup Man” claims himself to be a “serial entrepreneur”, “angel investor” and “visionary software program engineer” who began and bought a number of firms since his scholar days.
His claims have been parroted by a number of media shops portraying him as a ‘profitable entrepreneur’. As quickly because the announcement of Vijay’s appointment got here, a journalist from The Hindu famous Vijay as somebody who “has been fairly energetic within the startup circles since early 2000 and has hand holded many startups in TN”.
In response to Crunch Base, Vijay Anand is the founding father of Proto.during which is claimed to be a start-up occasion platform that connects start-ups with potential traders, clients and different entrepreneurs.
He has additionally been talked about as a “mentor to numerous early stage firms” and apparently heads the Incubation Centre based mostly out of the Indian Institute of Expertise Madras which focuses in companies for the Rising and Rural Markets (www.rtbi.in). He’s additionally famous as related to Ventureast Fund Advisors – an Indian Enterprise Capital Agency.
Nonetheless, a report by Inc42 which covers startup-related information has uncovered Vijay’s self-proclaimed achievements.
Based Corporations In Skinny Air?
Vijay Anand claims to have based and bought three firms – 2 in India (CompuWorld Software program Options and NullScape Softwares) and 1 in Canada (LeadStep Applied sciences).
Nonetheless, there was no hint of the corporate Nullscape Softwares both within the web or with the Registrar of Corporations.
“So far as one can inform, there was by no means any firm with this title that had any kind of formal operations.” the report by Inc42 notes.
The opposite firm Vijay claims to have based in India is CompuWorld Software program Answer which too has no hint within the digital world in addition to with the Registrar of Corporations. Nonetheless the report by Inc42 mentions it to be a small Coimbatore-based entity which sells computer systems however even then Vijay’s title doesn’t characteristic in any of the pages related to that firm.
The opposite firm that Vijay claims to have based in Canada is LeadStep Applied sciences Inc which apparently he bought to Nokia in 2006 earlier than returning to India.
Nonetheless, this declare has additionally been disputed as there isn’t any such firm listed by Nokia in its acquisitions.
“This supposed firm appears to have by no means had a presence of any sort on the internet – no web site, no electronic mail, no clients, no customers, no workers.”, the Inc42 report notes.
However not like the earlier two firms, this LeadStep Applied sciences Inc exists within the Canada Firm Listing (the Canada equal of Registrar of Corporations). In response to the Canada Firm Listing, this firm during which Vijay Anand has been talked about as a Director was dissolved below Part 210 of the Canada Enterprise Firms Act on 11 December 2006.
Submitting for dissolution below Part 210 implies that it was an organization with no property or liabilities and even issued any shares. So, in all proabability this firm was a shell firm that appears to have existed solely on paper and by no means had any operations as the corporate by no means filed any returns.
Angel Investor Or Scamster?
Vijay claims himself to be an ‘angel investor’ however he’s reportedly an investor in only one firm named ‘Eventifier’ which too is a part of his Startup Middle, that he presently runs.
In response to Zauba Corp, Vijay Anand is the Managing Director of 1 ‘Startup Centre and Administration Non-public Restricted’ which was integrated in April 2011. The web site of The Starup Centre has only one web page claiming to mentor entrepreneurs, provide workspaces for a fee, and oganize occasions/workshops/webinars for entrepreneurs.
There’s a hyperlink to an inactive Fb web page with no branding created on 23 April 2010 given on the finish of this webpage.
In response to the Inc42 report, there are a minimum of three instances the place startups had approached him for funding and as an alternative of investing cash, Vijay ended up taking cash from them promising investor and buyer connects.
“In a single case, he additionally took fairness from the corporate within the type of sweat for companies that he promised to carry out. Because it turned out, the corporate discovered him out and didn’t truly give him any fairness. The opposite firms merely wrote off the cash that Vijay took from them”, the report by Inc42 notes.
Additionally, not one of the firms which have gone by means of his “The Startup Centre” has raised Collection A funding, besides one firm (Eventifier) during which he himself is the investor!
Software program Engineer Or One other KRS?
Vijay Anand claims to have accomplished his Bachelor of Engineering from College of Ottawa. However the fact of the matter is that Vijay by no means truly graduated from there.
“He flunked out of school and was mainly proven the door.”, the report by Inc42 notes.
Vijay Anand mainly appears to be following the trope of Kannabiran Ravishankar (KRS) who has been accused of faking his Ph.D credentials from UC Berkeley.
The Costs In opposition to Vijay Anand
From stealing concepts to swindling cash, many within the startup circles accuse Vijay Anand of a volley of costs. He reportedly held a job at IIT Madras however was unceremoniously proven the door after the administration got here to find out about his true colors.
Vijay Anand’s oft repeated mantra is “You’re the product”. The duvet image on his Fb web page says “You’re the product. Each enterprise, house, expertise, is nearly including a characteristic & making you (hopefully) higher. A greater you, is the tip aim”. He appears to have change into exactly that by positioning himself because the product.
As described by Inc42, Vijay Anand is the “Paris Hilton of Indian Startups” – he’s “well-known for being well-known” who has by means of a carefully-constructed tissue of lies and half-truths positioned himself as a tour de power within the Indian startup ecosystem.
It’s this man who the DMK authorities had appointed as a ‘Committee Member’ of Advisory Council (Expertise) a yr in the past and is now set to steer one of many vital authorities our bodies.
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