India has come a long way since its Independence on 15th August, 1947. One industry that has really shined for India is IT/ITES and that really have put India in a global map. The major contribution has come in the form of Software services with names such as Infosys, TCS, Wipro & HCL being the torch bearers. However, be it due to lack of media attention or for the lack of sheer scale, India...
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...
Small Businesses Ascending the Digital Path
# 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...
Chief Economic Advisor is Infected Positively by the Irrational Exuberance of Indian Product Startups.
Mr. Arvind Subramanian, Chief Economic Advisor to the Government of INDIA, has been named as one of the world’s top 100 global thinkers by Foreign Policy magazine. After stepping into the shoes of Dr. Raghuram Rajan as Chief Economic Advisor, he is also a widely cited expert on the changing Balance of Global Economic power, as it pertains to INDIA & China. He is also the author of...
RBI Governor Dr. Raghuram Rajan meets Product Startups.
He is a maverick, a reformer, a decision maker and above all the Governor of Reserve Bank of India. The country’s foremost authority in Economics met with Product startups in Bangalore to understand their challenges and also provide useful advise by participating in interactive sessions for close to 3 hours. Yesterday, at ITC Windsor Manor, Dr Raghuram Rajan, honorable governor of RBI...
#MadeinIndia Software for Billing and invoicing
Billing and invoicing software probably are the most used software in the world. And India has some very efficient software product that are being used all over the world. Here is a list of 15 #MadeinIndia Software for billing and invoicing . (In alphabetical order) AccountingGuru – A Web based billing, inventory and accounting software AccountingGuru has a primary focus on the Indian...
Government recognizes the Software Product Industry
The fact that the Finance Minister specifically underscored the Software Product Industry (SPI) in his maiden budget speech is testimony enough of the Government’s resolve to make significant and dramatic changes to achieve rapid economic development. Here are two reasons why we believe the Government is moving in the right direction. One. Empowering the masses. There is no reason why software...
This Fourth Wave of Indian Enterprise Software Startups is World-Class
India’s enterprise software industry has been slowly bubbling since the 1980s but has generally failed to deliver a large number of high impact, high value companies. We do have some companies that everybody talks about – iFlex, Tally, Zoho – but these are far and few between. I believe that we are seeing a new scalable wave of enterprise software companies coming out of India and there is a...
To succeed in the Indian SME market, provide a product that gives true value for money – Dinesh Gupta – MD, Busy Infotech
Product Nation interviewed Dinesh Gupta and Rajesh Gupta, promoters of Busy Infotech Private Limited, a leading provider of business accounting software for micro, small and medium businesses. In this interview, they describe their transition from being a services vendor to a pure play product vendor and their experiences of more than 2 decades of selling to Indian and global customers. Read on…...
Three Waves of Indian Software
When I started JamBuster with Suneeta in 2004, I wanted to build a technology management software products company in India. Little did I know, that we would be part of a three-wave phenomena in software industry in India. The first wave of this is the software outsourcing, now a bit old story, but still the legend by itself. By different accounts, the outsourcing of software development by...