Marketplaces are difficult businesses to get off the ground. A marketplace without buyers cannot attract sellers and vice versa. In fact, the infamy of this proverbial chicken and egg problem detracts entrepreneurs from the challenges that a marketplace presents after it has successfully gained adoption and is successfully matching buyers with sellers. After all, marketplaces for products, like...
Owning the Transaction – Why Marketplaces Need to Think Like SaaS Businesses
This is just the beginning …..picture to abhi baki hai dost.
For every successful movie one requires a huge team effort from the story writer, producer, actors and directors to the light guys, similarly for a startup to benefit one requires the vision, passion, team work, the agility to implement and mentors. This is what the delegate exactly gets at the #PNCamp, where startups work in cohorts, learn from one another, share their insights and break...
iSPIRT invites you to participate in the Indian Software Product Industry Survey
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As you know, the Indian software product industry is still in its infancy. Your active involvement is essential to nurture and grow this industry and realize our collective dream of building a product nation. This survey is the first step towards developing a systematic and accurate understanding of the Indian Software Product Industry landscape. The data from this survey will enable iSPIRT to...
Inside story on The making of #PNCamp
The journey of doing something different for the software products ecosystem that started almost half year ago comes to climax as #PNcamp in Pune this first week of Dec 2013. Over 125 product leaders will come together over two days and meet other companies in similar life stage and exchange notes through a facilitated discussion by a slightly senior practitioner entrepreneur. The vision of...
What is win or loss means in the game of enterpreneurship
I have been interacting with various startup teams over the last several years, predominantly around ideation, product-market fit, funding, scaling, and strategy aspects of the companies. Before I was an investor, I spent a lot of time around product creation with two successful startups in the Silicon Valley and managing business in a large Internet company. In recent times, I have been spending...
A Cloud telephony startup, VoiceTree- “Bootstrapped”, “Profitable”, “Still growing”
Indian economy is a cluster of more than 30 million small and medium businesses along with large enterprises which are lesser in number. Majorly, these SME’s powers the growth of Indian business industry. This large SME pool presents a lucrative opportunity for Indian product and service companies only if one is able to tap it. One such company which is creating a presence among Indian SME domain...
Bass tu bhaag Milkha…(the third Cohort #PNCamp)
Running a start-up is like running a marathon. It is not for instant gratification; it is not for short cuts; it is not for everyone. Completing a marathon needs planning, perseverance and technique. As marathon runners know, for every marathon, be it your first or nth, the odds of succeeding are high when you train right for it. Marathon running training is intense; so is the #PNCamp going to be...
In Product Management, It's All About Location, Location, Location!
Over the last few months, while talking to a range of Indian and Global tech companies, I noticed an interesting trend in the determination of location for key functions, specifically product management. Global MNCs: During conversations over the last few months with some North America based technology MNCs, I observed that a lot of them plan to create product management functions for local...
90 minutes at #PNCamp and the PR Engine cheatcode is yours
“There’s an empty slide in your deck reading user acquisition, which follows the slide showing hockey stick adoption. We’ll grow virally! Three words that fill up the slide nicely. Relying on virality as a standalone source of user acquisition is fatally flawed to begin with.” That’s Sangeet Paul Choudary at his usual best. He probably said that a hundred times over, yet Startups...
MakeMyTrip’s Deep Kalra on bowling, resilience and going against common sense
Deep Kalra is the founder and CEO of India’s leading online travel company MakeMyTrip.com. Founded in 2000, the company is now the largest e-commerce business in the country and listed its shares on NASDAQ in August 2010. Prior to founding MakeMyTrip.com, Mr. Kalra has had corporate stints with GE Capital, AMF Bowling Inc. and ABN AMRO Bank. He holds an MBA (PGDM) degree from IIM, Ahmedabad and a...