We need products, not services, to be global leaders, and the good news is Druva, Freshdesk, Capillary, Rategain, Savari and Julia are all either global leaders or the primary challengers in their respective categories. For some months now, electronics has edged out gold, machinery and pearls to become India’s second-largest category of imports (after oil). Our aerospace and defence imports are...
India B2B Software Products Industry Clocks Solid Growth from 2014 to 2015
India’s B2B software product industry has grown nicely since we published the first edition of this index in November 2014 – the top 30 companies are valued at $10.25 billion (₹65,500 crores) and employ over 21,000 people. The index has grown 20% in USD terms and 28% in INR terms from October 30, 2014 to June 30, 2015. There has been an acceleration since 2010 in the pace of creation of B2B...
Announcing the 5th and final batch of 10 companies @InTech50 2015
Happy to announce the final and last batch of finalists (out of a total of 50) of InTech50 2015, a flagship event of iSPIRT and Terenne Global. Congratulations to them all! The first, second, third and fourth batch of finalists has already been announced in our previous blogs. Here is the final list – Crayon – MAYA is a personal concierge, powered by Crayon’s SimplerChoices™...
A startup going global has to be stronger, better, faster than others – Bhanu Chopra #ifnotnowthenwhen
Cue in to what Bhanu Chopra, Founder & CEO at RateGain, has to say about going global… Why do you encourage Indian companies to go global? Since the evolution of modern trade, commercial activities between countries and across the seas have been an integral part of our society. While earlier, it was all about access to spices, cotton and precious minerals, today it is primarily about getting...
Why does the future belong to product startups in India
I predict starting 2016, we will hear $3-4 billion product companies coming out of India every year. The startup ecosystem has come a long way in the country, especially in the last decade or so. People often ask me at various forums and events as to where I see the startup ecosystem heading in the coming years. While it may be difficult to predict precisely, there are perceptible changes. While...
The future is here: Indian product companies are potential global giants
Every year I speak at a dozen events – both within the country and outside. These events range from ones around entrepreneurship and startups to ones purely around technology. There is, however, one common thread at all these events. At home, I meet many young product companies that now operate on a global scale and overseas I increasingly bump into entrepreneurs who have set up a product company...
Bootstrapping – Boon or Bane for Product Startups #BootUpINDIA
On August 14th, 2014 iSPIRT, the industry enabler that is creating a vibrant eco-system for promoting, encouraging, supporting and enabling product companies out of India, organized a very useful online discussion on the concept of bootstrapping. Titled ‘Bootstrapping – Boon or Bane’, the discussion explored various facets of bootstrapping, including its relevance, benefits, limitations, and...
Profit from Price, Always – The Bootstrapped Story of RateGain
This is part of our “Podcast with a Product Entrepreneur” series. Do check out the 30 minute podcast! His first fling with business was a video game exchange, while at school. Coming from a family of entrepreneurs, the question was never about the “Why”; it was only about the “When”. A computer science and finance graduate, his stint with Deloitte saw him starting up with a technology consulting...
Learnings from the 2nd #PNMeetup – Selling your product Gangnam Style
#PNMeetup on Selling your product Gangnam Style was the topic at the recently concluded Meetup(Podcast link). We had over 45-50 people across products and the services who came out to gain an insight into the Enigma of Gangnam Style Sales, with their eyes wide open and all ears the speakers Mr. Sanjay Agarwala MD of Eastern Software, Ketan Kapoor Co-Founder and CEO of Mettl and Vishal Jain Chief...