I began my entrepreneurial journey in December 2014. The incidents of 2014, when several cases of child molestations were reported in Bangalore’s schools, had spurred me into trying to do “something” about it. The key to keeping children safe in schools is to ensure that the people who work with them have a good track record. In the past, this was ensured by word of mouth. But Indian cities today...
August 17, 2016
Through the Effectual Looking Glass
17August
August 15, 2016
On Independence Day, India’s budding product entrepreneurs get the freedom to choose: Introducing the Product Nation Founders Hub(PNFh)
15August
On Independence Day, we at Product Nation have an important announcement to make. This one was a long time coming, as we tried to classify, clear up, and target our efforts for the product ecosystem better. This update is mainly focused on the Playbook pillar, one of iSPIRT’s key initiatives, and will have effects on other fronts as well. We are reviving some of the initiatives; to others we have...
August 13, 2016
UPI – The Revolution in Payment Industry
13August
Japan introduced ‘Zengin’, a real-time money transfer mechanism in 1973. Thirty Seven years later, NPCI (National Payments Corporation of India) introduced IMPS (Immediate Payment Service) in 2010 as the first real-time 24*7 money transfer mechanism in the country. In-between PayPal launched money transfer by just knowing a person’s email ID in 1999 and now in 2016, India is about to make UPI...
August 11, 2016
Company Incorporation further Simplified by MCA
11August
Ease of doing business – Some new additions in Company Incorporation rules Ministry of corporate affairs (MCA) has announced the Companies (Incorporation) Third Amendment Rules,2016. The set of announcements made will replace or change the the Companies (Incorporation) Rules, 2014. There are about 12 changes announced in the notification published at MCA website here. However, the...
August 10, 2016
ESOP provisions get a booster from MCA for Startups
10August
ESOP another Stay-in-India checklist item gets MCA nod Ministry of corporate affairs (MCA) has recently relaxed sweat equity issuance norms for startups. These new relaxations are for limited to Startups recognized by Department of Industrial Policy and Promotion (DIPP). The announcement will immensely help startups. For startups not recognized under DIPP, there is not change. The new...
August 9, 2016
Cloud Telephony Startups seek support from TRAI
09August
This write-up should be read along with the previous blog – The Value Added Service Providers in Cloud Telephony. These blogs help us to accumulate the progressive development in discourse on policy for this segment of Industry. It is important for our common understanding and help Software product industry innovating in telecom sector in general and cloud telephony in specific terms. The...
August 8, 2016
#SaaSx3 has made a huge difference for Syscon.
08August
Step-by-step secrets of deciphering the digital world. We are an ERP product company. Our ERP solution, Syscon Cronus is targeted for manufacturing industries. We have all along for the last 20 years were been following traditional marketing route, out-bound. Though being an IT company, may be due to my manufacturing background and our Customers are from the same segment, we never put our stake...
August 5, 2016
How we incorporated Deducely, Inc in the USA using Stripe Atlas
05August
In our first blogpost, I’d like to talk about how we incorporated in US from outside the USA. This is a version 3.0 post that is inspired from V 1.0 by my former boss Girish Mathrubootham and V 2.0 by Suresh Sambandam, CEO of KiSSFLOW. This article can not be considered Legal advise, please consult a lawyer and/or accountant before incorporating. The US has one of the most mature banking and...
August 4, 2016
The coming revolution in Indian banking
04August
Increasing penetration of smartphones, Aadhaar-linked bank accounts and a host of powerful open and programmable capabilities is set to create the ‘WhatsApp moment’ for Indian banking. Once in a while a major disruption or discontinuity happens which has huge consequences. In 2007, the internet and the mobile phone came together in a whole new product called the smartphone. This phone, with its...
August 3, 2016
India can’t afford the comforts technology provides. Here’s why
03August
There’s a belief globally that we have a burgeoning middle class in India — and we’re following in the footsteps of China’s massive change from immense poverty to a stable middle class. But that’s really not the case. There was a very interesting article onScrollsome time back explaining this. According to the article, “China…saw its middle-income proportion go up from 3% in 2001 to 18% in 2011.”...
