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The One Million by One Million (1M/1M) initiative is saying a partnership with TiE Chennai that developed out of Sramana Mitra's presentation during TiE Chennai's Startup Tremendous Day on April 9, 2011. The remainder are Silicon Valley entrepreneurs of varied stripes. He said that though the worldwide economic outlook is bleak, we must always still hold wanting onwards and upwards so far as supporting established and budding entrepreneurs. The night began with a welcome tackle by Dr Sanjeev B Ahuja, [president](https://www.newsweek.com/search/site/president) of TiE UK. He talked about TiE's transformation since its starting as a gaggle of like-minded pals, to its present membership and reach.
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