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Product/Startups

Start-up Catalysts – Incubators & Accelerators

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Overview NASSCOM‘s “Start-up Catalysts – Incubators & Accelerators” report underlines the current scenario and growth of incubator and accelerator ecosystem in India. It covers various programs hosted by variety of operators and their key highlights. The study has analysed various key performance indicators for all programs to find their focus areas. It also provides key recommendations for all stakeholders to achieve specific targets by 2025. Key Highlights Current Scenario With 520+ tech incubators and accelerators, India has the 3rd largest number of active programs in the world 42% of the programs have been set-up in just last five years to support the needs of Indian start-ups Academic and Public Programs: 100+ academic programs incepted in last 5 years primarily driven by central...

5 Notions That Could Spoil Your Great Product Idea

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“To me, ideas are worth nothing unless executed” – Steve Jobs You know you have an incredible idea with which you could disrupt the market. But to do that, you need first to transform it into a software product. And you’re possibly wondering what the starting point is, and at what stage you need to take to the market. You’re worried because you know of people who did not make an impact despite their great idea. These thoughts are but natural and every entrepreneur goes through them. I’ve had the fortune of working with multiple founders at various stages of their product, from bootstrap to scale and even through rounds of Venture Capital Funding. And through the years of building products for entrepreneurs and conducting Ideation Workshops, I’ve come across so...

Let’s Change Agriculture to Agritech

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Agritech Series #1 Let’s Change Agriculture to Agritech Agriculture is the backbone of our country and holds a great responsibility of feeding over 1.3 billion population. A sector which cannot remain shut for a single day as seen during the recent outbreak of the Coronavirus crisis when most of the big manufacturing and other corporates are closed. Such an important sector but even then it has been working in the same ways from past many decades till technology knocked its door and changed the term Agriculture to Agritech (Agriculture + Technology). Technology is the enabler that will steer Indian farming towards an inclusive and sustainable farming to meet the agricultural requirement of the future. Numerous efforts have been made in the past to make agriculture adopt and implement techn...

Organizational Knowledge Needs Management – “Knowledge Management”

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Organizational Knowledge Needs Management – “Knowledge Management” Knowledge management is not a talked-about term in Indian industry, but it’s still a part of most of the organizations. Earlier it used to be the “want” of the organizations but now it a “need” and in one or the other way it has become part of Indian industry. Currently, many experienced companies struggle to utilize the pool of scattered information and the knowledge residing in the mature brain of the employees, but the information is so vast and vital that it needs to be brought under one roof. So, what exactly is knowledge management? Knowledge management is collating, organizing, structuring, and managing the internal information generated in the organization over the years. The information which exists in the document...

Edtech: It’s not just limited to start-ups

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Edtech: It’s not only limited to start-ups   Digital platforms are transforming the way education and learning are visualized and presented today. Start-up have already done a lot to take this sector to next level but Government, educational institutes along with technology providers, are gradually transforming the whole education sector, converting it from blackboard to a digital board. The government has been actively increasing digital intensity in education by promoting different Edtech platforms and by providing incubation support to startups through its Digital India campaign.   Some of the Platforms initiated by the government of India include: EPathshala The platform is jointly initiated by the Government of India and NCERT for educational learning for teachers, students,...

Start-ups Catalyst: Accelerators and Incubators

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Nurturing plays a crucial role in the growth of the child. The same is applicable for a start-up which starts with a small dream and a great idea but needs a proper nurturing to scale heights. Incubators and Accelerators in India have been playing the same role. Incubators give start-ups the basic necessary needs to set-up infrastructure, develop prototype and get ready with the product. These all things might look small but start-up have always struggle in the initial phases only. With over 520+ incubators and accelerators, India have done well compared to other countries and ranks 3rd largest in terms of active programs.  More than 80% programs are incubators and 50% got incepted in last 5 years showing the clear dominance and the need for nurturing the start-up rather than finding the m...

Edtech – A Non-Stop Marathon

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Edtech: A Non-Stop Marathon   Technology intervention in the education sector is progressing like a non-stop marathon. Technology has not only entered into this area, but it has also altered the entire definition. “Education” word will be soon replaced with Edtech since textbook limits the scope and interactive nature of this system. One of the reasons that are driving Edtech is “US: The Middle Class”. Let’s dive deep to get the overall picture of EdTech’s sector growth in the Asia Pacific driven by the middle-class population: Global spending on technology by 2025 – USD 250 Billion Investments made every year in EdTech – USD 4 Billion China attracting half of global startup EdTech investment India, USA & China are significant hubs of EdTech global ecosystem The techno...

The Strategic Shifts in Start-up Ecosystem

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The Strategic Shifts in Start-up Ecosystem The startup ecosystem in India is no more the same as it was 5-7 years ago. Startups have not only risen in numbers but also upped their game in terms of strategy, innovation, product, technology, and several other aspects. One can call it an approach for long term sustainability or developing customer-specific solutions, etc., strategic move. Artificial and Machine Intelligence Adoption: Verticals such as Enterprise, Fintech, Health-tech, Retail & Retail tech, and Agritech have witnessed a high adoption rate of artificial intelligence and machine learning. There is around 3 to 29 percent of startups that are leveraging AI in these verticals. Even some 9-24 percent of startups are also leveraging IoT and Blockchain under different verticals. 7...

Your Guide to turn an on-demand business idea into reality !

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Every well-known on-demand business out there once started with a great idea. But looking at their journey they may have faced a lot of challenges like, Financial problems Lack of technical awareness Incorrect planning Self-doubt Finding potential customers Hiring Some give up, But a well thought out strategic plan and milestones for an on-demand business may help you stand strong. For an on-demand business like Uber, it’s crucial to stay updated with current and upcoming technologies. Top 5 on-demand business ideas 5 best ideas to start your successful on-demand business like uber are 1. On-demand beauty service – By using the on-demand beauty service one doesn’t have to travel to the salon. It also offers you to choose from multiple options available. It allows the user to book an appoin...

Layoffs in the Indian startup ecosystem: Is it the only way to go in times of slow economic growth?

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In 2019-2020, the Indian start-ups were found making the following headlines: Ola, the cab aggregator, laid off 500 employees Paytm, mobile payments and financial services company released 500 junior and mid-level employees from service Oyo, the budget lodging website axed 2,400 staffers ShopClues, online marketplace about 250 These are just a few companies; there are more. Firing employees was the new-norm in the start-up ecosystem last year. However, the scenario in India wasn’t always like this. Back in 2007-2008, when the global recession hit the world, the start-up revolution originated making it the golden era of India’s entrepreneurial journey. Even the employees of the country got the highest pay rise in the Asian region (an average increase of 6.3 per cent), as per a report by Hew...