Product/Startups


  

New Faces of Money Lending

Taking loans from banks used to be easy for established businesses, salaried people and for people with good credit scores (750+). Higher the credit score, lower the interest rate. But recent rise in loan defaults by big businesses and individuals has shaken the whole lending industry and led to extensive soul searching to discover innovative ways to tackle this market segment. With credit demand expected to reach USD 1.4 trillion by 2022, the sector is obviously lucrative. Digital technologies provided some interesting ways to capitalize this unexplored market. For example, building online lending platforms where customers can register and start applying for loans. By offering online or mobile-first strategy and speed, digital can make credit available to customers in less than 48 hours. ...

Fintech Lending – “Unlocking Untapped Potential”

NASSCOM’s Fintech Lending – “Unlocking Untapped Potential” underlines how Fintech lending market have evolved in recent years. This report focuses entirely on Fintech lending segment under the broader Fintech umbrella. We have traced the evolution of Fintech Lending industry in India while highlighting the key drivers for growth, trends, challenges and opportunities. The report also highlights new business opportunities and key success factors for the Fintech lending industry in India, in addition to identifying bottlenecks faced by the industry, and recommend action steps to unlock the untapped potential of the industry. Key Highlights Fintech Lending Market Overview • Rapidly Growing Fintech Lending Landscape in India • Fundamental Lending Challenges In India Translating To Massive Finte...

What is the Working Procedure of Payroll Software for Company HR System?

We are here to find how payroll activities are handled by a computer application. And, in order to understand it finely, firstly we have to understand what is payroll When we talk about any system, we mostly consider it as an offline or online application. But in several cases, the systems have a wider perspective rather than online and offline. They come with a much broader set of activities and structures. For instance, production systems, train systems, etc. However, with the Payroll System, we are considering a whole different thing here. We are here to find how payroll activities are handled by a computer application. And, in order to understand it finely, firstly we have to understand what is payroll. The process following which an employer pays his employees for the work done called...

#NPC2019: Reflecting the Paradigm Shift in Indian Product Ecosystem

16th NASSCOM Product Conclave (NPC) has its sights set on taking India’s most innovative companies to the next level of competence through its theme – 10x Challenge: Scale@Speed.   Being an entrepreneur is not easy, but admittedly is easier today than it was a decade ago. This is because of several reasons – technology is playing a crucial role in sharpening business outcomes, enterprises are welcoming new-age solutions, professional incubators and accelerators are assisting entrepreneurs to scale their products and strategies to gain market share, and VCs and PEs are encouraging innovation like never before. With all these amenities, what can an entrepreneur do today? Scale Up. The NASSCOM Product Council presents the 10X Challenge – focused on core strategies intended to scale...

NASSCOM DeepTech Club Meetup & Enterprise/ Investor Connects | 22nd May 2019 | Bangalore

Enabling DeepTech Ecosystem A day prior to the announcement of most awaited results from the 17th General Elections in India, NASSCOM DeepTech Club organized DTC Meetup & Investor/Enterprise connect session in Bangalore. This full-day event took place at Hotel Leela Palace and with close to 300 one-to-one meetings and one roundtable connecting over 131 highly curated attendees comprising of 33 startups, 18 enterprises, 17 investors and 9 mentors and DTC Roundtable, became the largest ever event of this nature by NASSCOM.   DTC Roundtable witnessed a significant presence from NASSCOM Leadership included- R Chandrashekhar (Former-President, NASSCOM, Member of Chairmen’s Council and a subject-matter expert mentor of DTC), Harish Mehta (founder member and former chairman of NASSCOM), ...

Join the Japanese Venture Capital Network

With dramatic increase in number of unicorns, resurgence in investments, and rapid growth in advanced technology in startup ecosystem in 2018, India continues to be the 3rd largest start-up ecosystem in the world with over 7500 companies. Last year, the total number of Indian unicorns more than doubled, with 8 start-ups being added to the list, highest number in any year till date. Indian startup ecosystem continued to attract investor interest with almost $4.2bn of funding in 2018 (Jan to Sep), growth of 108% vs 2017. NASSCOM has played key part in curating this ecosystem in past. On one side there are large number of these startups that are entering growth phase and want to raise capital to fund this phase. On the other hand, Companies and Institutions from Japan have been long standing ...

Surprise surprise. India has a Gaming Unicorn!

Surprise surprise. India has a Gaming Unicorn! It’s not foodtech (Swiggy, Zomato), or edutech (Byju’s), nor a B2B marketplace (Udaan) but it’s good old gaming! Who ever thought that a gaming start-up out of India will become an unicorn?. The rise of Dream11 has been phenomenal, so much so that companies such as Paytm and PhonePe have also decided to enter in this field. So, what make gaming interesting? Sports- a huge interest area for Indians: The love for Indian sports like cricket, football, hockey etc. were anyways visible but the major transformation happened with the advent of professional premier leagues. Right from the Indian premier league to Pro-Badminton league, every sport is having a huge fan following which is increasing on a daily basis. As per BARC India’s ‘What India Watch...

NASSCOM DeepTech Club Meeting & Enterprise- Investors Connect | 12th March 2019 | Gurugram

12th March 2019 was a significant day for the NASSCOM DeepTech Club (DTC). We did our first meetup in NCR. Starting the day with a phenomenal workshop on Storytelling by Subinder Khurana for a larger audience beyond DTC, Emerge 50 and 10000 start-ups and ending with the enterprise-investors connect. 50+ people from member org participated from the beginning until the closure of all the sessions. DTC meeting was held in NASSCOM 10000 Startups Warehouse in Gurgaon with the participation from Deeptech mentors – Subinder Khurana (also founder of the club), Anupam Saronwala (co-lead), Rajnish Kapur, Vinod Sood, Vinish Kathuria, NASSCOM Leadership included- R Chandrashekhar ( also a subject-matter expert mentor of DTC and Former-President, NASSCOM, Member of Chairmen’s Council), Arun...

NASSCOM DeepTech Club: A Tribe in the Making

On the dawn of March 18, 2019, NASSCOM DeepTech Club hosted its largest ever meet-up and Industry/ enterprise connect sessions in Bangalore. It received an unprecedented response with over 250 meetings taking place along with one round-table and was hosted in the NASSCOM 10000 Startups Warehouse facility at Diamond District, Domlur. This meetup was a part of the 4-month long mentorship program for highly curated deep tech industry product companies from NASSCOM Deeptech Club’s second cohort. This cohort will be concluded towards the end of April 2019. The meetup round table was conducted halfway in the program and was aimed at on connecting mentees and mentors to assess the cohort progress and program impact. To ensure a good mix of inputs, companies from DTC Batch 1 & Batch 2, along w...

Best Travel Marketplace Business Ideas

The demand for marketplace business has increased in recent time. Marketplace opens a wide range of options for customers to choose and business is done in a more transparent manner. Online Marketplaces have made a big impact on the travel industry as well. Digitalization has played a vital role in the way marketplaces have evolved in recent times. According to statista , digital travel sales in the United States are expected to reach 817.54 million dollars by the year 2020.   The advancement in technology and people preference for convenience has given birth to different business ideas in which anyone can start a profitable travel marketplace. In this post, we will discuss business ideas/models to start a travel marketplace Online Tour Booking Marketplace  When it comes to online tou...