A phenomenon that has been pretty popular recently in the news goes by the name of UPI (Unified Payments Interface). However, most people have not been able to experience the revolution and the magic moment that comes along when paying via it. Part of that stems from the myths that keep floating around, regarding how it might not be that secure and worthwhile. Well, allow me to put all of these...
How UPI is more convenient & secure than what most people think
India Inc Version 2: Disruptive, Agile, Confident and… ready to Go Global
The growing internet penetration has fuelled India’s start-up ecosystem, which is now the third biggest in the world. US-based Compass (Startup Genome), in its 2015 report, puts Bangalore as the world’s second fastest growing start-up ecosystem. There is a massive opportunity within the $2 trillion Indian economy owing to the consumption fuelled by 1.3 billion Indians and a good number of Indian...
3 Key Factors to Increase Revenue for Your SaaS Product
There are two types of SaaS products. New innovative product The commodity products (which is a copy of an innovative product) The innovative products get sign ups and are able to scale because they have built a very useful and handy USP. They get word of mouth from early users which are enough for them to grow to a considerable size. However, most SaaS products today fall into the commodity...
StartupBridge India – Strengthening Potential Strategic Partnership to the world
There are many dimensions to India becoming a Product Nation. A thriving local market is critical, which are shaped by changing consumer preference and policy. Also important is increased trade in areas of comparative advantage. Digital consumer market in India that opened few years ago saw its waves and cycle of valuation however it is already witnessing its next shift from India Metro to...
Innovation Diplomacy & Software as India’s Soft Power
Mr. MJ Akbar, MoS, Ministry of External Affairs, brainstorms with iSPIRT. Mr. MJ Akbar is the Minister of State (MoS) for External Affairs and a Member of Parliament in the Rajya Sabha. An author of several best-selling books, and a veteran Indian journalist who launched newspapers like The Telegraph, The Asian Age and magazines like The Sunday. Mr. MJ Akbar, met up with iSPIRT, in Bangalore to...
Story of an iSPIRT Volunteer.
I am Taron Mohan, CEO of NextGen Tele and an iSPIRT Volunteer. I usually meet many CXOs of Banks for selling mobile-SIM-overlay based financial inclusion solutions. This one time I was on an email thread with the CEO of a big Public Sector Bank with other iSPIRTers. The discussion was about India-Stack. In my entrepreneurial zeal, I pitched my NextGen Tele SIM-based solution. I quickly realized...
Every scale has an expiry date #PNgrowth 2016
It was all about #GoodScale at #PNGrowth2016 !! Pitching to Peers in Gurukul Style I participated as a volunteer this time around and missed the keynote in day one since I was busy in printing #MindFlip worksheets for 50 odd entrepreneurs. These entrepreneurs were handpicked by a very credible set of people who knows what #Scale means to B2B products. Pallav and Shankar Maruwada did the priming...
Minimum Viable Technology (MVT) — Move Fast & Keep Shipping
Technology teams can be the biggest asset or worst bottleneck for a growing company based on the strategy taken by them. In name of future proofing engineering, the technology teams become a hurdle to company’s goals. You can see the ‘hidden frustration” in Bezos words below .. Engineers should be fast acting cowboys instead of calm clear-headed computer scientists — Jeff Bezos, Founder &...
RBI relaxes FVCI norms
RBI relaxes Foreign Venture Capital Investor (FVCI) norms for Startup investment One more announcement to the stay-in-India check list has come from RBI with respect to registered under SEBI (FVCI) Regulations, 2000. RBI has announced amendments to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, notified vide Notification No...
Why Indian startup founders should think about M&A and not be shy about it ?
Think about endgame, chess grandmasters do so to win. Studies point out that chess grandmasters visualize the chess board state few steps away to a ‘winning game’ and make moves based on memory pattern that can lead to that board state and thus help them win the game. Many startups however operate in a game where the rules are dynamic and change unexpectedly. An unanticipated flood of competition...