iSPIRT and SBI had a 4-hour meeting on the future of banking. 30+ seniormost officers of SBI – including all the MDs, DMDs, CGMs, and GMs – participated. Two SBI Board members were also present. Nandan Nilekani chaired the session from iSPIRT side. The first session was about understanding the technology trends that are shaping banking. There was special focus on understanding...
July 6, 2015
SBI and iSPIRT discuss future of banking in India
06July
July 3, 2015
Are You Ready to Take up the Entrepreneurial Challenge in Technology?
03July
There has been a rise in technology entrepreneurship as a movement since last 10 years in India before which new technology businesses were essentially due to business expansion by corporate and business communities in India. Now, we are witnessing the rise entrepreneurial community at grass root level comprising of technocrats driven by innovation and passion to make a strong impact on socio...
July 2, 2015
The Entrepreneur’s Guide To Estimating Market Size For It’s Startup
02July
Note: Before I begin, I would like to clarify the difference between market potential and revenue estimate. I have often seen entrepreneurs use the two terms interchangeably. Market Potential Market Potential is about estimating the size of the overall market opportunity. It is a sum total of the potential revenues of all players who are addressing that opportunity, if all the potential customers...
July 1, 2015
Small Businesses Ascending the Digital Path
01July
# DigitalDesh spanned across 22 cities in 30 days to discover The Internet of Inside India. Amritsar to Kanyakumari An endeavor to study the behavioral patterns of entrepreneurs across different regions. To understand their digital business routines, their perceptions, the challenges and their desire to venture into new terrain. An important part of the activity was also to encourage & spread...
June 30, 2015
Kicking off the Second Edition of Pre-Entrepreneur boot camp #ArthaSiddhi
30June
So for all the folks who were eagerly waiting for the second edition (there were few who sent us requests through email and twitter), your opportunity is here. (For new folks take a look at this blog post to get some context) 1st batch of ispirt pre-entrepreneurs graduated ! woo hoo ! @prasanna_says @avinashraghava @Product_Nation @mtrajan pic.twitter.com/rghfDANf8k — manjula (@manjulogic) June...
June 29, 2015
Product positioning is all about connecting emotionally to your prospective customers – Insights from the Positioning and Messaging PlaybookRT
29June
The 50th PlaybookRT session was held at Helion Ventures in Bengaluru to brainstorm and understand best practices for positioning and messaging of startup products. This roundtable was led by Shankar Maruwada, who by virtue of his illustrious past experiences as the brand builder for Aadhar and P&G, and being a successful entrepreneur at Marketics ably anchored the deliberations. Twelve...
June 26, 2015
What is a good sales target for a sales person in SaaS in India?
26June
Unfortunately there is no fixed answer. Problem with SaaS is that there are too many moving variables. LTV,Churn,ARR,ARPU etc. So its really hard to come up with one fixed number. So based on our experience and our product the following is a number we have come up with to set targets for our sales organization. 0.8x(x is the sales person’s salary) So, a sales person should pull in 0.8x...
June 25, 2015
The first 5 steps to building your own SaaS application
25June
This post is for non developer founders who want to build a SaaS application. Software as a Service (SaaS) is a relatively small market – at $19 Billion in total revenues, it seems large, but compared to $250 Billion of the overall software market it seems minuscule. It has grown from nothing to this large number in the last 10 years. Similar to the eCommerce market, which seems large but is less...
June 24, 2015
Lessons from the House of Tata on Technology and Innovation
24June
There are increasing signs of breakthroughs that could provide disproportionate returns to Tata companies. One question that I am asked frequently by companies that have launched innovation programmes is: “How do we sustain interest and commitment from employees across the company?” In other words, how do we keep up the momentum? After attending the final presentations and awards...
June 24, 2015
SEBI Startup Listing Exchange – Nasdaq of the East
Efforts of iSPIRT’s List-in-India Policy Expert Team have reaped the desired results. The securities market regulator, SEBI, has announced relaxed norms for a separate platform to allow “new-age companies” having an innovative business model and belonging to the knowledge-based technology sector to list in the country. The existing legal framework has considerable challenges for a successful...
