A no-nonsense, free & opensource task & productivity management tool for growing startups fluxday was developed by Foradian starting in 2013 and was a critical part of Foradian’s hyper growth and success as a B2B software startup in EdTech space. With a CAGR (compound annual growth rate) of 323 per cent Foradian was listed in Deloitte Tech Fast50 India consecutively for two years. We...
When you analyze successful consumer and small business products, they succeed as a part of eco-systems and not just stand-alone products. Consumers and small businesses don’t buy products, the engage in an ecosystem. Facebook is an ecosystem. It is a network of users, groups, businesses and advertisers. Email is an ecosystem, smartphones are an ecosystem, even computers are an ecosystem. This is...
What’s The Scoop With Flipkart? “The digital industry is suffering because there have been several cases where advertisers default on payment… We do not have a strong industry body in terms of payment collection yet.” – Amar Deep Singh, CEO, Interactive Avenues (article originally posted here) Between April and May 2016, one of India’s e-commerce leaders – Flipkart–...
The Design RoundTable last week lead by Deepa Bachu and Rajan, was not what I expected. By and large, design to me was either a part of an application (UI / UX) or a concept which i did’nt know much about. But, when we went in depth with Deepa, I realized that design is an integral part of who we are and what we see around us. Through detailed discussions, we were made to think about what design...
We took a hard look at our company. Was it going to become a unicorn? No. Not close. Was it going to do the proverbial J curve in the near future? Not really. I could sense the VC and the Angel instantly saying ‘Shark Tank’ style. “I’m out”. I could sense the other entrepreneurs console us. “Don’t worry, there are other legitimate business styles out there. Nothing wrong in being a ‘lifestyle...
I’m forever being asked a question by the people I meet during my travels, events, etc. I usually smile and avoid it. Or let someone embarrass me by talking about how important and selfless my work has been and is being. But I’ve never really tackled that question on my own. Perhaps I needed to think about it myself. A few days ago, when I was looking back at three years of Playbooks, the action...
Startups today have become a major driving force for the economies around the globe; they not only contribute to the GDP but also decrease the unemployment ratio of the country. Millennials everywhere are changing work dynamics and do not prefer to sit behind their desk, but to follow their dreams and take risks. Such shift has also being witnessed in India, a country with a majority young...
One of the persistent threats to India’s software product ecosystem is from the constant push by MNCs for allowing software patents in India. India’s nascent software product industry is growing rapidly and is on a trajectory where we can see global brands like Amazon, Google and Facebook emerge in the next 10 years. One of the persistent threats to India’s software product...
Progressive steps taken by the Union Government for the Startup Community in its Start-up India initiative are encouraging. We hope the Union budget will reflect a similar sentiment and introduce policies around tax relaxations and process simplifications. The structure of taxation and corporate laws in India is not very conducive for startups and early stage companies. A lot of these issues were...
UPI Platform is Cheap, Secure, Reliable mobile first, inter operable/ open source, instantaneous settlement, both pull and push. One major disadvantage of pre paid wallets is in a given month they can’t do more then 10,000 worth of transaction with out KYC, while UPI enabled platform bank accounts can do a transfer upto Rs 1 lakh instantaneously. Since Money sits in your bank account, you...
