Did you know that India is ranked as the fourth largest startup hub in the world with over 3,100 startups? According to the economic Survey 2014-15, the startup scene has been mainly driven by ‘hyper-growth’ in the technology startup and software product landscape. Owing to some great software product innovations of late, India is no more tagged merely as a technology service provider, but is...
The Indian SaaS market, which is still in its nascent stage, according to a report by Gartner, shows immense potential for growth in the next few years. It is estimated that the Indian SaaS market is set to grow from USD 246 million in 2014 to a whopping USD 707 million in 2018, with CRMs as the major contributor. Despite the favourable projections, there are quite a few challenges faced by those...
While new-age global SaaS startups like Zenefits & Slack continue to grow at a feverish pace, India too is beginning to see the emergence of quality SaaS companies like Practo, Freshdesk and Capillary among others. These companies have attractive unit economics, are capital efficient and have demonstrated the ability to compete in international markets. As a result there is strong investor...
This year’s InTech50 saw a new addition to the format. While InTech5 was designed to give global exposure to companies that have got paying customers and product-market fit, this year we have introduced Validation Tank to help companies in idea and proto-type stage companies to validate the potential for their idea. The format is designed to help the founder get a feedback on their product idea...
After a gap of 10 years, I recently returned to Bangalore to attend InTech50. The excitement started from the get go when I was flown from Delhi to Bangalore by an all-female Indigo cockpit – itself a reflection of our fast changing times. The age of tech startups in India has dawned. With 3500+ registered startups & counting, India is well poised to become the second largest startup...
Finally… Here is wishing all of you – happy pitching, selling and buying… Today, ‘fantastic fifty’ Product Founders will showcase their solution potential, and work collaboratively with buyers, investors and partners to shape, and create a plan to take their solutions to global markets—a true sign of India’s potential in innovation. We are satisfied to see not only...
Happy to announce the final and last batch of finalists (out of a total of 50) of InTech50 2015, a flagship event of iSPIRT and Terenne Global. Congratulations to them all! The first, second, third and fourth batch of finalists has already been announced in our previous blogs. Here is the final list – Crayon – MAYA is a personal concierge, powered by Crayon’s SimplerChoices™...
Getting a startup anyway is hard. But when you have a software product aimed at enterprise customers, you have to be prepared for even more daunting challenges, and to overcome those challenges, entrepreneurs have to have a plan in place. Enterprise customers are not accustomed to buying from startups, and hence their buying process is designed to deal with large enterprise vendors. Here’s a look...
InTech50 2015 (a flagship event of iSPIRT & Terenne Global) is happy to announce the fourth batch of 10 finalists. Congratulations to all the following finalists…listed alphabetically. The first, second and third batch of 10 companies has been announced before. Accelpro Technology – transforming better technology ideas into business growth and better economies while addressing the much...
This Thursday evening will witness the largest gathering of SaaS founders in India. In the event conceived by iSPIRT called SaaSx Chennai, more than 100 people, largely SaaS founders, apart from a few handful of product industry influencers, will brainstorm on various aspects of a SaaS business, especially taking the SaaS organization from a $10 million revenue to a $100 million revenue. Girish...
