Tagsmb market

‘Customers buy your product does not mean they will use it!’ – Kishore Mandyam, Founder and CEO, PK4 Technologies

ProductNation interviewed Kishore Mandyam, Founder and CEO of PK4 Technologies, the company that owns the Impel CRM offerings. During this interview, Kishore shares some of his experiences in creating a product suited for Indian customers, and discusses his learning from dealing with customers and technological developments. Read on… What was the motivation to start Impel? There were a couple of...

Indian SMB market at 48.8 million units growing at a CAGR of 4.53%

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Our recently launched study titled, ‘Indian SMB Sector 2013’ captures some interesting facts and figures on the burgeoning SMB segment in India. The study reveals that with a total base of 48.8 million SMBs, India is expected to emerge as the largest SMB country globally. The SMB sector in India is growing at an exceptional rate and has the potential to be one of the primary drivers of the Indian...

NowFloats – Getting small businesses online in 4 SMSes and 13 minutes!

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NowFloats – Getting small businesses online in 4 SMSes and 13 minutes!  I love clear mission statements, and NowFloats couldn’t be clearer: 9.6 million small and medium businesses need a website. Only 0.6 million have one. That’s 9 million tasks on our desk (and that’s just in India!) I recently got a chance to catch up with Ronak and Jasminder (Jas), 2 of the cofounders of this exciting...

Bharat Goenka(Tally Solutions) talks to us about the company’s ‘stubborn’ decision to stay focussed on products

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Bharat Goenka is the architect of what is arguably India’s most successful business solution — Tally.  Co-Founder and Managing Director of Tally Solutions, Mr. Goenka developed the famous accounting solution under the guidance of his father, the late Sri S S Goenka. Today, the product is the de facto accounting solution for many SMEs and Mr. Goenka serves as an inspiration for many aspiring...

NASSCOM Product Conclave 2012 Reflects the Arrival of a Vibrant Product Ecosystem in India

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The kind of conversations that you heard around product companies are changing. From an ambitious “billion dollar companies” born out of India (the overarching goal of NASSCOM Product Conclave last year), the focus is shifting to the bold prediction of product software’s robust growth, in the coming decade and half, eliminating poverty. In his opening remarks, Sharad Sharma, NASSCOM Product Chair...

A great product ends up creating its own market by typically disrupting an industry or creating a new one – Archit Gupta, ClearTax

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Here’s an interesting story about a young entrepreneur who put his personal life ahead of cool, calculated business decisions and went on to create a very successful IT Products Business. Going back in time – background Archit graduated in Computer Science, from IIT Guwahati and a doctoral level programme in the same subject thereafter, from Wisconsin University. The inherent brilliance and...