What's A Perfect Core Team for Tech Startup ?

This is the most important thing in a startup. Most people think its funding, sector, sentiment, design, marketing etc but these are the subsets of a Strong Core Team.

Why am i stressing so much about the Team, everything in the company is connected to Team, be it investment, product, revenue, etc even the employees look up to the team. For e.g. just think if you get an opportunity to work with the superstar Elon Musk, will you still ask "what`s the package" . Yeah, even i will say "Yes" without being concerned about the money involved. Inference: good employees also look at the founders as they also want grow in personality and knowledge instead of just money.

What make a team great?

Best friends with complementary profiles make a very good team. No two people should have the same skill-set, its good that everyone knows coding, but one should be the CTO of the company and will be responsible for the all the important tech decisions.

The CTO: A person who is deep into Coding, need not to be much experienced but the ability and willingness to learn new technologies like firebase, orchestrate.io, Heroku, Node.js, Angular.js etc which make development and deployment of the app in a matter of weeks is really important.

The Business Guy: This guy is the one who will go out their and make sure you get business anyhow, even if he gives an unrealistic deadline to the client and the team shouts at him for doing so and gets back to work and meets the deadline.

The CEO:  This is the most shorted guy in the company and deals with all the important issues like fund-raising, hiring, product, expansion etc. He needs to have a very cool head over his shoulders because he will responsible with all the important decision making of the company. A person who can sell his dream in split seconds, preferable a marketing person is the perfect CEO, but there is no hard and fast rule for that. Pitching is another important responsibility of the CEO, so the CEO needs to convincing enough. The Investor will invest or not in the company will be decided in a fration of a second, its quite similar how tinder works.

Although this is the best possible scenario, but it is really tough to build a team like this in reality. Lot of issues like Team Structure, ideation, motivation, cordination, family pressure, difference in expectations etc all these things will one time or the another will come to haunt the solidarity of the Team. Best friends tend to manage all this quite easily, so try to bring onboard best friends for longevity of the venture

I have worked in 5 startups till now on full-time and part-time basis and what i observed was that Team was the most important thing that differentiates a normal startup and probable unicorn. Do share your thoughts on this, would like to hear your thoughts on this topic

About the AuthorAmanjot Malhotra@amalhotra
Amanjot Malhotra is a startup entrepreneur and is the Founder at Partiko. He likes putting growth hackers at key points for viral growth

Leave a Comment and Join the Discussion

5 varieties of Startups

startup types

Connecting to the startup ecosystem day in, day out has been an amazing experience so far. Learning new things, great ideas and to be surrounded by the brightest minds is always wonderful. Discussing new business opportunities, new plans everyday, interacting with people with great vision provides me with the energy to keep going. This is something an individual with a 9-5 stream would be void of.

Having said all this, I can majorly categorize 5 varieties of startups:

“Lifestyle, small business, scalable, salable, social “

Lifestyle Startups: Work to Live Their Passion: On the Tarkarli beach in Konkan, one of my friend is a startup. They can be called lifestyle entrepreneurs: like Scuba Divers, teaching diving lessons to pay the bills so they can Scuba Dive some more. Lifestyle entrepreneurs live the life they love, work for no one but themselves and pursue their personal passion.

Small-Business Startups: Work to Feed the Family: The overwhelming number of entrepreneurs and startups in the India today are still small businesses. This category consists of grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts, carpenters, plumbers, electricians, etc. They are anyone who runs his or her own business. Most small businesses are not designed for scale — the owners want to own their business and feed the family.

Scalable Startups: Born to Be Big: Scalable startups are what Silicon Valley entrepreneurs and their venture investors aspire to build. Google, Skype, Facebook and Twitter are just the latest examples. From day one, the founders believe that their vision can change the world. Unlike small-business entrepreneurs, their interest is not in earning a living but rather in creating equity in a company that eventually will become publicly traded or acquired, generating a multi-million-dollar payoff.

Salable Startups: Acquisition Targets: Many of these startups bypass traditional VCs by using crowd or angel funding. This class of startup is likely to be sold to a larger company for $5 million to $50 million. The founders and investors walk away with millions but not billions.

Social Startups: Driven to Make a Difference: Social entrepreneurs are no less ambitious, passionate or driven to make an impact than any other type of founder. But unlike scalable startups, their goal is to make the world a better place, not to take market share or to create to wealth for the founders. They may be organized as a nonprofit, for-profit or hybrid.

Each of these five very different startup types has different financial goals, requires different teams and uses different financing strategies.

 Yet what they all have in common – every one of them – is that in the last few years we’ve come to see that we had been building startups inefficiently.

 Investors treated startups as smaller versions of large companies. We now understand that’s just not true. While large companies execute known business models, startups are temporary organizations designed to search for a scalable and repeatable business model.

Looking at the current scenario, there is a need to change the way we look upon entrepreneurship, incubate startups and fund them.

About the AuthorAlok Tamhankar@talok
Alok Tamhankar is the founder of Think Startup, he is an enabler, entrepreneur and a speaker.

Leave a Comment and Join the Discussion

How Uber, Airbnb, and Etsy Attracted their First 1,000 Customers ?

This articles is presented by Michael Blanding based on a case study by Thales Teixeira who studied three of the most successful “platform” startups to understand the chicken-and-egg challenge of how companies can attract their first customers.

New businesses often struggle finding their first customers. The challenge is even more difficult with startups in the sharing economy that launch as platforms connecting independent service providers with consumers.

Take Uber. Its platform is two-sided, connecting people who need rides with people who have rides to offer. (Same idea as Airbnb, which connects people needing rooms with home-owners.) So to launch as a platform service, these companies need to find users on both the supply and demand sides.

“When you have a two-sided platform, you have to acquire both the customers and the services,” says Harvard Business School’s Thales Teixeira, Lumry Family Associate Professor of Business Administration.

“It’s the classic chicken-and-egg problem,” he says. You can’t have one without the other, but which one do you find first—the customer chicken or the service egg? “As a small company you cannot afford to focus on both with the same amount of effort. You may need to prioritize one side.”

Preparing to teach a new course on e-commerce marketing next spring, Teixeira made it his goal to find an answer. He studied three of the best-known and most successful startups—Uber, Etsy, and Airbnb—hoping to find some commonalities in how those businesses solved the dilemma.

Spoiler alert: it’s the egg that needs incubating.

As Teixeira reports in a new HBS case, Airbnb, Etsy, Uber: Acquiring the First Thousand Customers, all three platforms concentrated on getting the service side of the equation first, customers second. But there’s a catch. “It’s not just the chicken and the egg, you also want to select the right eggs,” explains Teixeira. “If you acquire the wrong eggs and ostriches come out, then you are in trouble. The chickens will run for the hills.”

From the beginning, it was clear to the founders of apartment-sharing site Airbnb that they’d need to find people willing to list their homes before finding people interesting in staying in them.

“If you don’t have a supply of houses and apartments, people are not going to come,” says Teixeira. The problem was, where to find people willing to let strangers stay in their places. It’s not like they could go around San Francisco knocking on doors.

Instead, founders Brian Chesky and Joe Gebbia thought like customers themselves, trying to figure out where they would go if Airbnb didn’t exist. It didn’t take them long to figure out the answer: Craigslist. The entrepreneurs figured they could do a better job of making apartments appealing than the online classified site, but first they had to siphon away its customers. To do that, Chesky and Gebbia created software to hack Craigslist to extract the contact info of property owners, then sent them a pitch to list on Airbnb as well.

The strategy worked. With nothing to lose, property owners doubled their chances of finding a potential renter, and Airbnb had a ready supply of homes with which it could attract customers.

“Poaching customers is something all competitors do in different ways,” says Teixeira. “If you are a website and you are providing content to users publicly, others can grab that information.” It’s not enough to just take someone else’s customers, though, he warns—you’ve got to give them something better than they had before.

Once they had apartment owners on the hook, the Airbnb founders realized they had a problem: the subpar photos that property owners were taking for Craigslist on their iPhones would never work for customers looking for an alternative to a hotel.

“The first time a person goes on Airbnb, they are comparing the quality of photos to hotels that take glamorized shots,” says Teixeira. “They needed to compete at that level.”

In order to do that, Chesky and Gebbia did something that would never be scalable: hired professional photographers to go to property owners’ homes to take inviting pictures. The gambit worked, making the site much more attractive than the competition, and setting a standard for photography that later property owners rose to match in order to compete against other homes.

“The underlying principle of this is you should help your suppliers portray themselves in the best way possible, even if that is not scalable,” concludes Teixeira. “If you don’t have customers, there is nothing to scale.”

Ride-sharing app Uber pursued a similar strategy. Rather than starting out with Uber Pool or Uber X, in which drivers use their own cars, the company started with black cars driven by professional drivers. That way, they could ensure that customers would have a great experience virtually every time they used the service—and they could then rely on customers to spread the news of that experience by word of mouth. “That’s why you get the supply side first—if you get the right suppliers, the customers will experience their high quality service and then do the marketing for you,” says Teixeira.

Etsy also pursued a decidedly non-scalable strategy in finding the right eggs with which to launch its business. The platform, which serves as an online marketplace for craft vendors, started its business with an offline strategy: scouring craft fairs across the country to identify the best vendors at each, and pitching them on opening up an online store on the site. “They first brought their customers, and then they brought other artisans who followed the customers.” Once Etsy had the first-tier artisans on the site, the next tier naturally followed them.

Uber and Airbnb were also smart about how they chose to expand, picking the right cities at the right time to maximize their success.

Since Uber’s main competition was taxi cab companies, the startup researched which cities had the biggest discrepancy between supply and demand for taxis. They then launched during times when that demand was likely to be the highest, for example during the holidays when people tend to stay out late partying. It also ran promotions during large concerts or sporting events, when big crowds of people all needed cabs at the same time, and an individual might be more likely to take a chance on an unfamiliar company named Uber.

In that way, the company acquired a large group of customers in one swoop. “First, they figured out how to get a bunch of customers all in one night, when the demand was high. Then, they made sure this first group of users had a great experience and brought in the next wave of customers via word-of-mouth,” says Teixeira. The company banked on the fact that once users realized how easy it was, it was only a matter of time before they started using it to go to work, then shopping for groceries, and so on.

Airbnb followed a similar strategy with its rollout, launching in Denver in 2008 to coincide with the lack of hotel space during the Democratic National Convention and adding new cities at times when they had major conventions or other events.

In addition to the obvious demand, the strategy has another benefit: “Your competitors don’t see you as a threat, since you are not taking away from their demand,” says Teixeira. By the time you have a foothold in the marketplace, it’s already too late for them to do anything about it.

Launching in situations of high demand and low supply also helps startups acquire the right type of customers—those early adopters who might be more forgiving of a company while it works out the kinks. After all, beggars can’t be choosers, and if you are thankful to even have a room during a conference, maybe you’ll forgive the lack of hand towels. The last thing a company wants during its early phases is negative word-of-mouth.

“You are still a startup,” says Teixeira. “You have to find people who are willing to accept your flaws and cut you some slack. Satisfying all their needs and wants is just not feasible at this early stage.”

Next Lesson: From 1,000 to 100,000,000
With early adopters in place, a company can start thinking about how to expand their customer base through more traditional means of marketing.

To tackle that problem, Teixeira wrote a sequel case study, Airbnb, Etsy, Uber: Growing from One Thousand to One Million Customers, and is currently working on a third entry in the trilogy that will examine how a platform can go from one million to many millions of customers.

In each case the strategies are different. While word-of-mouth might work for the first thousand it’s not going to get you to a million. “You have to be more proactive and control the acquisition process, which word-of-mouth does not allow for.”

That’s where digital marketing can help, allowing companies to target specific customers through search ads or social media at a low cost.

“It’s highly targetable and you can do it on the cheap,” says Teixeira—adding that digital marketing also makes it easy for companies to rapidly iterate its advertising message, tweaking it to figure out what works best. “Only after passing the millionth customer can you go into advertising on traditional media. That’s when you need massive scale, so you go to mass marketing.”

As a company grows, it must consider the purpose of advertising in order to achieve the best effects in gaining new customers.

“Some tools are better for the beginning, some are better when you are bigger,” says Teixeira. “It’s not about, should I use digital marketing or word-of-mouth or TV ads. The question only makes sense when you say, 'I am at this stage, what approach should I take?' Only when you answer that question will you know what tool is most appropriate.”

Why Microsoft acquired AI Startup MALUUBA ?

Microsoft acquired Maluuba a Toronto startup focused on using deep learning for natural language processing.

  • To set new milestones for speech and image recognition using deep learning techniques this acquisition was finalized. 
  • Microsoft to Outperform Facebook and Google in AI
  •  Along with acquiring the company, Microsoft has also established closer ties with Yoshua Bengio, a pioneer in the field of deep learning who served as an advisor to Maluuba, and will now become and advisor to Microsoft’s AI division.
  • Maluuba will be integrated with Cortana, Microsoft’s digital assistant, to help consumers deal with everyday chores like email.
  • Maluuba’s expertise in deep learning and reinforcement learning for question-answering and decision-making systems will help advance Microsoft  strategy to democratize AI and to make it accessible and valuable to consumers, businesses and developers.
Microsoft is building an AI system that doesn’t just know what emails you receive, but also knows the critical information in each message.

About Maluuba 
Maluuba was founded in 2011 and is based in Montreal and Waterloo in Canada

Maluuba Founders
Sam Pasupalak
Kaheer Suleman

Tags: #DeepLearning #AI #Cortana #MachineLearning #Startup

3 Types of Partnerships Startups Need to Look for

A few key partnerships can make all the difference in the early stages of growing a company.

Starting up a business is never easy, especially when the market is constantly getting more crowded. It is increasingly difficult to find ways for your business stand out, and to forge the necessary relationships to help your business succeed in the early stages. But not all hope is lot.

Partnerships with other growing companies can help spark innovation among your teams and provide outlets for attracting new customers from a unique base of consumers. Every relationship formed must be a two-way street to ensure both parties are benefiting from the connection.

Developing a small number of key partnerships, especially in the early stages of building a business, can be an incredibly valuable way to grow your consumer base and experiment with additional revenue streams.

Here are the three types of partnerships  formed at Unfettered Socks(a startup) that have significantly impacted their business:

1. Cross-marketing
For successful cross-marketing partnerships, you want to find companies that offer a product that complements (but does not compete with) your product offering. In addition, you want to target companies that have a unique set of customers that fall within a similar target demographic. This was a particularly useful tactic while raising our initial funding on Kickstarter.

Our sock company worked with a shoe company (complementary, but not competing, product) to promote their Kickstarter page to our existing backers, and they did the same for us. With so many projects added daily to Kickstarter, it is often difficult to stand out or be seen by potential backers but this partnership guaranteed incremental views to our fundraising page.

2. Retail outlets.
While our business was created as a direct to consumer ecommerce model, we quickly realized the value of creating local brand recognition, as well as increasing the routes to market. When considering retail partners, it was important to think about how to grow our brand in a unique way that would set us apart from competitors. We do have distribution in local boutiques that align with our style, but you can also find us in an upscale suburban pharmacy, as well as on display at a downtown hipster men’s grooming salon.

Having a variety of retail partners allows us to have a unique strategy with each of them to increase the number of new consumers introduced to our product, and to ensure each partner feels we are adding value to their business as well.

3. Product collaborations
Product collaborations offer an opportunity to share brand equity and to cross-market to each brand’s existing consumer base. Our first collaboration is a co-designed sock with a local St. Louis brewery. With their help, we produced a sock that resonated with their fans and earned their commitment to sell the sock through their gift shop.

For each pair of socks sold (either in the brewery or on our website), we donate a pair of socks to a local homeless shelter. The collaboration and donation program has been well-received among loyal brewery customers, and has allowed both companies to gain awareness among each other’s followers. Collaborations open up a lot of opportunity to diversify our revenue stream, and strengthen our brand.

Any potential partnership needs to be approached with careful consideration and clear communication, as managing these relationships creates additional complexities for your business. However, developing a small number of key partnerships, especially in the early stages of building a business, can be an incredibly valuable way to grow your consumer base and experiment with additional revenue streams.

Article By Sarah:
Sarah is an Entrepreneur ,Investor and CTO at Unfettered Socks. Sarah is a recent graduate of Washington University in St. Louis where she studied systems engineering and entrepreneurship. During her junior year she opened Green Bean, an eco-healthy salad restaurant.

Goods And Services Tax: How It Can Benefit Businesses

Goods And Services Tax: How It Can Benefit Businesses
In India, indirect taxes have driven businesses to model and restructure their systems and supply chain owing to the multiplicity of costs and taxes such as service tax, value added tax etc. We passed a milestone towards consolidated goods and services tax regime, with the Parliament passing the appropriate constitution amendment bill, in what is regarded as the most revolutionary indirect tax reformation since the independence. Now that the Goods and Services Tax (GST) has seen the light of day, the way India goes about business will change radically.

What makes GST an essential tax reform is it simplifies the structure of tax, increases government revenue, the tax compliance is raised and most importantly, there is an integration of states.
Consumption-based tax, that's what GST is. It is obtained from value-added goods and services, at every stage of purchase in the supply chain. As for the last person in the chain, who is the end consumer, has to endure this last-point retail tax.

Objectives Of Goods And Services Tax
Ensure availability of input credit across the supply chain and brings transparency among taxes.
Minimize the cascading effect of all of the other taxes such as service tax, sales tax, and value added tax.
Achieve balance between laws, tax base, and administrative systems across India.
Decreases tax rates to avoid classification issues and destructive competition among states.

The cumulative tax collection (direct & indirect) in India currently is at Rs. 14.6 lakh crore, of which nearly 34 percent constitutes indirect taxes, with Rs. 2.8 lakh crore coming from excise and Rs. 2.1 lakh crore from service tax. The existing taxation rate peaks at 26.5 percent. With the implementation of the GST, the whole indirect tax system in India is anticipated to grow.

Impact Of GST On Inflation
Once the proposed GST is in effect, the tax rate on goods (comprising about 70-75 percent of the CPI load) will decrease. Along with this, a notable proportion of goods won’t be subject to tax and you should anticipate a status quo in the near future.
Service tax is not imposed on certain services and these services are expected remain outside of the GST regime. Thus, the overall transition to GST will not have a significant impact on inflation.

Automobile Sector
The active tax rate in this area ranges from 30 percent and 47 percent. Once GST is implemented, the GST Rate is expected to waver between 20-22 percent. The transit time and the overall cost will be diminished as the goods will be transported from one state to another by comfortably surpassing various checkpoints and octroi.

Consumer Durables
The tax rate for this sector varies between 7 percent and 30 percent. GST will benefit businesses that have not availed tax exemptions in the past. It will drive to the decrease of the price gap between the organised and unorganised sector.

The logistics sector is originally split into four divisions -- warehousing, transportation, freight forwarding and value-added logistics.
The transportation provides the major chunk of 60 percent of the logistic pie, succeeded by warehousing at 24.5 percent. Packaging and other related businesses make the rest of the segment.
The existing interstate taxation has driven businesses to maintain warehouses in each state, in addition to this many carrier agents in each state makes the supply chain inefficient and long. The GST Implementation will increase demand for high capacity trucks and lead to overall reduction in transportation expenses.

While GST can drive inflation up in the short term because the price of some goods will rise, economists say it will expand business activity and prevent tax evasion.


Why it is important for startups raising capital to clearly communicate what you do.

I often come across business pitch decks, or even company websites that have fancy set of words that don't really communicate what the company does. For example, a tagline like "Redefining Healthcare" feels grand, but does not give the reader any clues on what your company does.

Instead, if the tagline were to be specific saying “Your neighborhood childcare clinic’, there is specificity in communicating what you are offering. If your tag line can also communicate your value proposition, it is ideal. E.g. “Affordable cardiac care”.

VCs and angel investor networks get 100s of business plans every month. And a few individuals in VC firms have the task of sifting though these pitch decks to shortlist those that they think are worthy of more time. Because it is impossible for anyone to go through 100s of pitch decks very, very diligently, it is often the first impressions and the clarity of communication of the first couple of slides that will decide whether the deck makes it to the 'shortlisted for further review' bucket.

I urge startup founders to share their tagline (nd other marketing collaterals, including website, with a few folks from outside their circle of family & friends and ask them what they understand about the company from that material. If you get multiple interpretations and inferences of what you might be doing, then go back to the drawing board and repeat the exercise till you get a sharp definition of your business that helps everyone instantly understand what you do. And often, it is the tagline about your brand that often has to carry the load of communicating what your business is all about.

Also remember, the tagline you have for consumers/users/clients may be different than the description of the business that you have when you present to investors. Consumers need to know your value proposition for them, while investors need to know the business behind that value proposition.

Starting Up & Fund Raising

About the AuthorPrajakt Raut@PrajaktR
Prajakt Raut is a Guest writer for Startuptimes.in . Prajakt Raut is an entrepreneur and entrepreneurship evangelist. Prajakt’s personal goal in life is to encourage and assist a 100,000 people to become entrepreneurs.

Leave a Comment and Join the Discussion

How to Sell Combs to Monks ?

This is a great story, which taught me how to multiply my results in my sales career. I have often shared this with my students, to demonstrate how a shift in mindset and attitude can make a significant difference.

The Story:
3 sales professionals applied to work for a huge company. As they were all evenly qualified, the interviewer decided to set a sales challenge and the person who sold the most would be awarded the job.

The challenge was to sell combs to monks of any temple up in the mountains. "You have 3 days, and the person who sells the most will get the job" said the interviewer.

After 3 days, the 3 applicants returned, and reported their results.

Candidate 1 said "I managed to sell one comb. The monks scolded me, saying I was openly mocking them. Disappointed, I gave up and left. But on my way back, I saw a junior monk with an itchy scalp; he was constantly scratching his head. I told him the comb would help him with his scratching and he bought one comb"

Candidate 2 said "That's good, but I did better. I sold 10 combs." Excited, the interviewer asked "How did you do it?" Candidate 2 replied "I observed that the visitors had very messy hair due to the strong winds they faced while walking to the temple. I convinced the monk to give out combs to the visitors so they could tidy themselves up and show greater respect during their worship."

Candidate 3 stepped up "Not so fast, I sold more than both of them." "How many did you sell" asked the interviewer.

"A thousand combs"

"Wow! How did you do it?" the interviewer exclaimed.

"I went to one of the biggest temples there, and thanked the Senior Master for serving the people and providing a sacred place of worship for them. He was very gracious and said he would like to thank and appreciate his visitors for their support and devotion. I suggested that the best way would be to offer his visitors a momento and the blessing of Buddha. I showed him the wooden combs which I had engraved words of blessings and told him people would use the combs daily and would serve as a constant reminder to do good deeds. He liked the idea, and proceeded to order a thousand combs"

"You got lucky," one of the other candidates said bitterly.

"Not really," the interviewer countered. "He had a plan, which was why he had the comb engraved prior to his visit. Even if that temple did not want it, another one surely would."

"There is more," the third candidate smiled. "I went back to the temple yesterday to check on the Master. He said many visitors told their friends and family about the comb with the Buddha's blessing. Now even more people are visiting every day. Everyone is asking for the comb, and giving generous donations too! The temple is more popular than ever, and the Master says he will run out of the combs in a month... and will need to order more!"

Learning Points:
The three different candidates show us the different levels of sales performance:

Candidate 1 displayed the most basic level, which is to meet the prospect's personal needs. The monk with the itchy scalp had a personal need; it was specific to him only.

Candidate 2 shows the next level - anticipating and creating new needs for the prospect. Perhaps the monk doesn't have an obvious need for the comb, but how can it still be beneficial to him? When you can educate the prospect on new possibilities and benefits for his business, you are already outperforming your competitors.

Candidate 3 demonstrates the best level of all; an ongoing relationship resulting in repeat sales and referrals. Everyone was a winner, the monk, the devotees, the 3rd candidate and the interviewer. Help your prospects benefit their prospects, to create maximum value. View each prospect not as individuals, but also their contacts and network beyond them. See each customer as lifetime clients instead of one time sales.

Our beliefs and thoughts shape our actions and ultimately, our results. When faced with a challenge, how do you respond? And how big do you think?

How can you create new needs for your prospect and benefit their customers?

Post by Joshua Chua

Qyuki Digital OTT Media Startup to raise Series A funding of up to $10 million

Qyuki Digital Media, a cross-platform media network, is looking to raise Series A funding of up to $10 million in 2017. The company plans to dilute 15-30% equity to raise Series A funding

How does Qyuki wants to spend the new funds?
Qyuki wants to use it for scaling up technology, marketing and operations in sales and network management.

About Quicky
Initially launched as a digital music startup in December 2012 and later revamped its business model into Content production, distribution, promotion and monetisation

It manages some of the biggest digital superstars such as Sanam Band, FunkYou, Shraddha Sharma, Motorbeam and Powerdrift. It also runs agency business, which has executed branded content projects with clients including Coca-Cola, OLX, Volkswagen, Mercedes-Benz and Colgate.

Qyuki uses proprietary technology and analytics to discover and promote digital superstars and manages the end-to-end value chain for them across platforms.

Samir Bangara
AR Rahman (Oscar Winner for Music)
Shekhar Kapur (Film Maker)

Qyuki is backed by angel investors including Flipkart co-founder Binny Bansal, Varun Singh, Singapore Angel Network and Anisha Mittal.

Tags: OTT, Digital Content, Creators, Music, startup, Qyuki, funding,


Arnab Goswami

Arnab Goswami ,the most outspoken journalist of current times put the entire nation in shock when he announced his exit from Times Now. Arnab’s ‘Newshour’ debates on TimesNow TV have been quite controversial but extremely popular among the people. His supporters were upset with him leaving the high-rated primetime show and are eagerly waiting for him to make a return.

Arnab has announced that he is returning shortly with a new venture called REPUBLIC. He recently shared his thoughts on HOW HE IS GOING TO DISRUPT THE MEDIA? with his 'independent media. Here are those 7 disruptors that Arnab wants to use it to change the conventional outdated media.

The reason we covered this story is we like disruptors and we consider REPUBLIC as media startup

DISRUPT #1  Ask the Toughest questions to the most important persons
At the most the worse outcome would be the person may not give an interview next time.

DISRUPT #2  Don't believe in Neutrality. Don't be Neutral
Neutrality is a 17th century outdated concept, media is not a wikipedia to present both sides of a story, or act like a town crier.

DISRUPT #3  Doorstep Politicians & VVIP's
Media shouldn't play safe anymore, time has come to take chances.

DISRUPT #4  What is News & What is not News ?
Who decides the order of priority of News ? Why Politics , External Affairs on First Page or Headlines?

DISRUPT #5 Pin Prick in Society for a sustained time

Debate on a subject consistently over a period of time if you want to see a change.

DISRUPT #6 Persistence & Tenacity
It's all in the name of the story that you cover. Go to the nub of the story, dont be subtle , be direct with people in power.

DISRUPT #7 Stop creating HolyCows in the Nation
Why shouldn't a Parliamentarian who was once a Legend Cricketer be asked questions on his attendance?

Leave a Comment and Join the Discussion

Bots vs Apps: Beginning Of The Next War

We all know that Chatbots are now used almost everywhere whether it is receiving weather updates on your smartphone or gathering latest news articles or for picking up grocery. Bots are omnipresent :-)

Also, UK-based online football community, Copa90 which has more than 20 million followers, launched its first Facebook messenger chatbot for UEFA 2016. Yes, the world is touting chatbots to be the next big thing after mobile apps. There is even a Chinese chatbot that will talk to you when you are lonely.

Much like mobile apps, chatbots will soon be holding capabilities in domains like testing, development experience, distribution, management or discovery in order to experience mainstream adoption. The initial adoption of chatbots has focused on consumer scenarios and now we are seeing iterations of enterprise chatbot solutions.

Let’s see how chatbots adoption is helping enterprises:

Chatbots In The Enterprise
While there is increasing adoption of voice and messaging technologies so does the potential for chatbot solutions. Readily adopted by enterprises, the chatbot platforms offer capabilities in domains like integration, security, monitoring and management. Such areas are essential elements of enterprise solutions. An enterprise-ready chatbot platform offers capabilities like:

Natural language learning system
Monitoring system
Integration with messaging platforms
Integration with enterprise systems

Why Bots Are Adopted By Enterprises?

1 Integration with messaging platforms – Get socialize a little more
Latest data shows that messenger apps are more used as compared to social networking apps. You would be surprised to know that more than any other social networking platform, you prefer using messaging platforms like Slack, HipChat, or Skype for communicating with your colleagues at work or you would talk to your closest friends on Facebook in messenger.

Such enterprise chatbot platforms can provide a consistent development experience which could seamlessly integrate with different messaging platforms. Chatbots can be built into major chat product like Facebook Messenger and that is where people really love to spend time. You will probably want to be where your users are.

2. Bots speak the real language – More personalization
With chatbot, you can be more expressive and more demonstrative while expressing yourself. Precisely explaining, the language of our apps are technological single-word or commands which are like ‘sign up’, ‘log in’, ‘download’, ‘click’, ‘fill in’. It is more like a formal language and there is less of social language as “please”, “hello”, “sure”, “how is it going?”.

This we can term as that our businesses suffer from a social communication disorder. But unlike apps, with chatbots, you can express anything you want and your customers will value you. Such engagement will be more interesting and will make people stay with you and chit chat for a bit longer.

3. Better interaction with users – High synergy levels
Chatbots are growing stupendously. They solve the asymmetry information flow. Till now they are considered as the best tool for keeping users on a certain platform for longer and keeping the content flowing. This happens because it starts and maintains the conversation. Chatbots show only a bit of information at a single given time and the interaction advances at each specific point. This entails a progressive and recurring interaction between a machine and a human communication.

4. Simpler interface which is easy to use – Simplicity supersedes
Simplicity is what helped most successful brands win hearts of their customers. Content is king, therefore a well-placed content attracts all. Chatbots are usually a blend of text, images, and unified widgets which make them easy to start the interactions. Just like another messenger app, these Chatbots are simple to use and behave exactly how users want them to. Without much clumsy, fancy and redundant features and keeping clarity intact chatbot is conceptualized in a very simplified way and that’s why they are doomed to success. No, ‘destined’ for success.

Race For The Enterprise Chatbot Platforms
The chatbot market is just taking a rise and, consequently, we are observing the emerging startups in this space. The race for the dominant enterprise chatbot platform promises to be an incredibly exciting one at that. As of now, the entire market is divided majorly into three main groups. These vendors are uniquely positioned in order to provide strong enterprise chatbot solutions.

Messaging platform vendors: Enjoy extremely vibrant communities on Slack, Facebook, Skype, HipChat.
Voice platform vendors: Platforms such as Siri, Cortana, Amazon Echo, or Google are some main catalysts in this domain.
Chatbot platform startups: With more and more hot technology movement, we are observing many startups who are trying to become the platform of choice for many chatbots developers.

Lead By Example
Bots automate a lot of mundane tasks, augments human abilities, weed out inefficiencies and help employees to focus on tasks which really matter and helpful for accomplishing major goals. Some real application of few bots are discussed here:

Assistants like x.ai and Clara manages your meeting schedule tasks.
Zoom, a multi-platform assistant, offers a full-fledged support mechanism for employees irrespective of their positions in the organizational hierarchy.
Slackbots like CareerLark, Lattice, and Growbot aims at automating feedback loops, check-ins, and work recognition.
Data-centric bot products like Birdly and Statsbot brings forth information layers from data-gathering tools like Google Analytics, Salesforce, and MixPanel to team communications in Slack. They also enable people to have quick access to data while making crucial decisions in real time.
E- Will Bots Kill Mobile Apps?

By now you must have seen the capabilities of bots and their applications along with undying relevance in various segments of an enterprise.

So here comes a thought provoked. Are they killing mobile apps?

Change is inevitable and history justifies that new channels can become complementary instead of displacing existing channels. Websites have not killed physical stores, and mobile apps haven’t killed websites. Rather it can be more positively perceived that there is a makeup of an ecosystem where every channel performs a different work for the customer whilst co-existing with the other channels. A quadratic channel scenario is what I vision – an ‘omnichannel’ of physical, web, app and bots floating together working at a speed never achieved before acting in sync dynamically reading behaviors and giving those accurate responses to the extent of redefining the very word ‘interaction’, as we all know today!

About the AuthorAjeet Singh@ASingh
Ajeet is Co-Founder & Director of Business Management at Algoworks

Leave a Comment and Join the Discussion


Twitter is an incredible tool to get more leads.
You might be thinking, “how can I get leads with Twitter? Is Twitter even suitable for businesses?”
Heck yes it is!
Can I prove it?
Sure can. Here are some data to back it up:
– 66% of customers have discovered a new small or medium-sized business (SMB) on Twitter
– 94% plan to purchase from the SMBs they follow
– 69% bought from an SMB because of something they saw on Twitter
Still not convinced? Let me tell you, as someone who’ve been on Twitter for a long time, I’ve bought my share of things based on tweets I’ve read and have subscribed to many businesses through my interaction with them and the tweets I’ve read.
So, without further ado, let’s talk about how to get leads with Twitter!

1. Build a targeted Twitter audience
There’s no avoiding this step. If you want to get leads with Twitter, you absolutely have to make sure you’re building a targeted Twitter following.
As I shared earlier, 94% of customers plan to purchase from the SMBs they follow. That is IF you’re connecting with the right people.
If you don’t, you’ll only be promoting your tweets to people who aren’t interested in what you have to offer – not a great strategy.
So how do you grow a targeted Twitter following? By following the people you want as customers.
One effective method is to follow people who are tweeting and retweeting about a topic relevant to your business. This is because these users are your target market – these are the leads you want! I talk about this in my blog post on how I grew a following on a zero budget.
To take things to the next level, I recommend automating this process. Following manually will take you a lot of time so I would only recommend that if you are on zero budget. Automating this process will allow you more time to focus on other important tasks, like engaging with all your new follower!
This tactic works because people are likely to follow you back if your tweets are aligned with their interest.
I recommend Social Quant as a tool you must have in your toolkit. What differentiates Social Quant from other tools is their proprietary algorithm that targets the best prospects for your business.

2. Know the 3P of marketing
If you follow my work, you know I’m all about the 3Ps of marketing. They are essential for every social media platform.
The 3Ps of marketing are:
– Purpose: Tweets that adds value to your followers
– Personal: Personal tweets about you and your business.
– Promotional: Tweets that sells, sells, sells.
You see, people don’t follow businesses because they want to be sold to. Give your followers something that they can learn from, earn their trust, and  eventually they will buy. Add personality to your tweets to connect with your audience.
In fact, just a few days ago I purchased from a company after seeing their tweets and reading one of their blog posts.
Understand the 3Ps then find a ratio of your tweets that that fits the 3Ps and works for you.

3. Launch a contest
Okay, who doesn’t love contests?
NO ONE! Everyone loves a contest! The best part about contests is they require (or should) entrants to share their email.
With third party platforms like Wishpond, you can easily create entry forms that require users to give you their email address to participate.
Contests just work!
I know for sure because I used to work for a company that does contest platforms. Many businesses saw significant results from using them.
Plus you can introduce a viral component. People are likely to tweet and retweet if they know it will double their chances of winning your contest. Photo contests will make people want to share on social media even more (especially Twitter).

4. Utilize Twitter ads
Twitter ads are a great way to generate more leads. They allow you to focus on your target market and get in front of them instantly.
But before you go out and start creating ads, start doing some diligence in preparation.
I found this blog post by adespresso incredible useful. In their blog post, they analyzed over 7,700 Twitter ads.
Here’s the summary of their findings:
– Almost all Twitter ads use an image
– Mentions aren’t popular In Twitter ads
– Using just one hashtag in Twitter ads is most effective
– The most popular number used in Twitter ads is 5

5. Respond to tweets quickly
As a social media manager for many years, I found this trick to WORK.
If someone mentions your brand on Twitter, make sure that you respond to the tweet ASAP.
It doesn’t matter if it’s positive or negative. Answer it as soon as you see it.
People love it when businesses respond to them quickly. It shows that they are heard, that you care, and it shows appreciation for your followers (potential or current customers).
The best type of tweets are when people are comparing your product with your competitors. That’s a golden opportunity just soft-balled in to you –  definitely be the one to respond to these tweets first.

6. Tweet relevant people about your product
For some, this approach may be spammy. However, if you’re short on time and want to increase leads, this method can work for you.
What you can do is tweet relevant people about your business, product or service. The key is making sure you’re varying those tweets and not sending the exact same one over and over.
Check out these tweets for an instance. It’s a great example of what I mean.
Noticed how he’s tweeting so many people? He changes it up, so it looks different. If I were him, I would spin it 20-30 different ways. What I’ll do next is tweet each personally, use their name and say something like:
@askaaronlee Hey Aaron, we’ve created a new _____ that ________.
That way it looks more personalized and, most importantly, human.
You might be thinking, does this method work?
Here are some of the responses he got.
Not bad! The best part is it cost him nothing.

7. Include a Call To Action in your bio
People are visiting your profile, folks! And if you’re following relevant people, they’re going to read your bio. It’s just how it works, they see the have a new follower in their notifications and it’s just natural for them to cruise on over to your profile and check you out.
Think about what will interest your target market, then GIVE it to them for free.
Give away eBooks, samples, etc. Find out what your customers want. If you don’t know what they want, ask your current subscribers and find out what they want. Create a short survey to find out. Compile what you learned and give that away.
Offer something exclusive or compelling. Add a call to action in your bio, and boom!
This method will work better than the usual ‘subscribe to my blog here’ method that I see many do.

8. Pin your tweets to the top
If you follow my blog posts here, you’ve probably heard me say this a gazillion times. Pin your tweets to the top.
Remember, people are visiting your Twitter profile. When they do, the first thing they are going to see is your first tweet. Just like in step 7, you can offer them something of value for free – well, in exchange for their email address of course.

9. Start a blog to compliment Twitter
Recently I wrote on Mark’s blog on how to become an influencer. In the post, I spoke about the need for a blog to add substance to what you’re doing.
Mark calls this “rich content.”
Just having a Twitter account isn’t going to cut it. You need to continue to add value. That’s what I learned after creating my Short of Height brand from scratch. Twitter is only limited to 140 characters and that’s not enough. With a blog you can provide long-form posts that provide true value and establish you as an industry expert that people will want to do business with.
Creating a blog allows you to share in-depth. Like this article that you’re reading. When people like what you’re reading, they are more likely to subscribe to what you have to offer because they’ll want more.
It’s pretty simple. Give them what the value they want, and they will give you what you want.

Source: Aron Lee

India's astonishing start-up boom – all you need to know in 5 charts

India is in the midst of a start-up boom. Supported by a range of government initiatives, new companies are popping up all over the country.

In fact, for the sheer number of new tech outfits, India is now the third largest tech start-up hotspot in the world, according to a report by NASSCOM and Zinnov. Investment is rising, with the surge generating employment and providing solutions in areas from healthcare to agriculture.

The government’s Start-up India initiative promotes entrepreneurship and innovation across the country. It aims to turn India into “a nation of job creators instead of a nation of job seekers”.

These five charts explore the Indian start-up boom.

1. India is the third largest tech start-up location globally
India has moved to third on the global list, and now has more tech-driven start-ups than Israel and China. Only the United Kingdom and United States stand ahead of it.

The number of new start-ups is rising every year. By 2020, there are projected to be around 2,100 in the country altogether.

2. Indian start-ups are going global
As this chart from March 2016 shows, Indian firms are now breaking into global lists. Flipkart, the e-commerce company headquartered in Bengaluru (also known as Bangalore), takes ninth place on the list, with a 2015 valuation of $15 billion dollars.

3. Funding is concentrated in just three urban areas
In the first half of this year, well over three-quarters of financing was towards just three urban areas – Bengaluru, the National Capital Region (NCR), which includes Delhi; and Mumbai – saw over $2 billion in the first six months of 2016.

4. Two-thirds are in three cities
The bulk of Indian start-ups is also found in these three places. Over a quarter are in Bangalore, 23% in the National Capital Region, and nearly one in five in Mumbai.

5. Founders are young – the youngest in the world
demography startup founders india

Nearly three-quarters of start-up founders in India are younger than 35. Over a third come from an engineering background. However, as the graphic shows, only around 9% are women. There is some good news, though: according to the report there was a 50% rise in the share of female entrepreneurs between 2014 and 2015.

Source WEF

Solar Roadways - A killer Startup Idea for 2017

Idaho-based startup wants to turn the U.S.’s four million miles of roads into solar panels. In December, it started converting the parking lot of a Missouri rest stop into energy-harvesting photovoltaic cells. Streets and highways are next.

An Idea
The Solar Roadways® journey began on an ordinary day as most life changing adventures do. Scott and Julie had known each other since they were small children, in southern California in the 1960’s when roads and highways looked, well – just like they do today!

Years later, married and living in Idaho, Scott and Julie were working in their garden and were feeling very concerned about climate and environmental issues. Julie wondered aloud whether roads could be made out of solar panels. We’d been contemplating buying rooftop solar panels out of concern for the environment. Suddenly, an image popped into Julie’s mind of solar panels on the driveway and the road. She asked Scott’s opinion of this idea, but he just laughed and said that would be impossible – the fragile solar panels would be crushed by cars.

Julie dismissed the idea, but Scott’s engineering mind just couldn’t let it go. About a week later, he said, “If we can design a protective case, then you might be onto something about that solar roadway idea.” We decided to brainstorm. Many hours were spent on a couch getting more excited as realization after realization flowed into us:

“We could add heating elements and roads would always be snow free.”
“We could make road lines out of embedded LEDs.”
“This would generate SO much renewable energy.”
“Those ugly wires could go into some kind of compartment alongside the roads.”
“We could use the panels for parking lots too.”
“And sidewalks.”
“And driveways.”

Idea to Lab (Pilot)
The rest stop, along Route 66 in Conway, Missouri, will include about 50 solar panels covered in durable glass. To start, the panels will be used on the sidewalk, with the goal of powering the building at the rest stop. If this phase is successful, the next step for the pilot could be to try the panels in the rest stop's parking lot, then the entrance and exit ramps. The eventual goal is to move onto streets and highways.

Idea Funded
The company previously raised $2.2 million through an Indiegogo crowdfunding campaign, and it received a $750,000 contract from the U.S. Department of Transportation to conduct tests in 2011. The Conway test pilot is part of Missouri's Road2Tomorrow initiative to create futuristic highways.

Why Solar Roadways?
While homeowners can use solar energy to power their houses, governments need to come up with their own solutions to produce clean energy on a massive scale. This often requires large, open spaces and additional disruption to the landscape to create large solar panels or wind turbines.

How does this Solar technology solve the Winter problem?
The roads would heat themselves meaning little to no work to maintain them in winter.

Whats the revenue Model?
Governments can monetize the roads providing a second revenue beyond Tolls.

Phases of the Solar Roadways Project
Phase 1 - Parking Lots
Phase 2 - Streets
Phase 3 - Highways

10 Most Popular revenue models being used by startups today

10 Most Popular revenue models being used by startups today

Here are some of the most common revenue models being used by startups today.

Product or service is free, revenue from ads
This is the most common model touted by Internet startups today, the so-called Facebook model, where the service is free, and the revenue comes from click-through advertising. It’s great for customers, but not for startups, unless you have deep pockets.

Freemium model
In this variation on the free model, used by LinkedIn and many other Internet offerings, the basic services are free, but premium services are available for an additional fee. This also requires a huge investment to get to critical mass, and real work to differentiate and sell premium services to convert users to paying customers.

Cost-based model
In this more traditional product pricing model, the price is set at two to five times the product cost. If your product is a commodity, the margin may be as thin as ten percent. Use it when your new technology gives you a tremendous cost improvement. Skip it where there are many competitors.

Value model
If you can quantify a large value or cost savings to the customer, charge a price commensurate with the value delivered. This doesn’t work well with “nice to have” offerings, like social networks, but does work for new drugs and medical devices that solve critical health problems.

Subscription model
This is a very popular model today for Internet services, calling for monthly or yearly low payments, in lieu of one value or cost-based price. Startup advantages include a more stable revenue stream, easier customer retention, and increasing customer investment over time. The customer advantage is a lower entry cost.

Product is free, but you pay for services
In this model, the product is given away for free and the customers are charged for installation, customization, training or other services. This is a good model for getting your foot in the door, but be aware that this is basically a services business with the product as a marketing cost.

Product line pricing
This model is relevant only if you have multiple products and services, each with a different cost and utility. Here your objective is to make money with the portfolio, with high markup and low markup items, depending on competition, lock-in, value delivered, and loyal customers. This one takes expert management to work.

Tiered or volume pricing
In certain product environments, where a given enterprise product may have one user or hundreds of thousands, a common approach is to price by user group ranges, or volume usage ranges. Keep the number of tiers small for manageability. This approach doesn’t typically apply to consumer products and services.

Feature pricing
This approach works if your product can be sold “bare-bones” for a low price, and price increments added for additional features. It can be a very competitive approach, but the product must be designed and built to provide good utility at many levels. This is a very costly development, testing, documentation, and support challenge.

Razor blade model
In this model, like cheap printers with expensive ink cartridges, the base unit is often sold below cost, with the anticipation of ongoing revenue from expensive supplies. This is another model that requires deep pockets to start, so is normally not an option for startups.

Leave a Comment and Join the Discussion

Why are good tech startups failing?

Just because you have an idea in mind doesn’t mean you can build a business empire around it right? Is just the idea really enough? A few of the primary reasons why startups bleed out is incompetence to:
  • Identify if the idea is market worthy
  • Carry out sufficient competitive analysis of the industry
  • Analyze if the product/service they are looking to offer is exclusive
  • Identify a value bracket
  • Categorize budget restraint and why it’s crucial to stick to the resources at hand
If you ask entrepreneurs whose startups have failed at one point, you are likely to get many different answers, every one of them telling their stories from their personal experiences.

Few other insights why start-ups are faltering on their way up the ladder
  1. Inadequate Networking and Connections
  2. Lack of Managerial Experience
  3. Not Knowing Your Industry And Your Competitors
  4. Diminished Finances And Poor Cash Flow
  5. Inadequate marketing (not enough analytics)
  6. Poor IT infrastructure
  7. Marketplace Deterioration
  8. Lack of administrative experience
CASE : Why Food Tech Startups Fail? (Source: Som Speech)
1.The cost of last mile delivery was not properly understood (fail in unit economics)
2.Dependency on human is very very high in Food space, the technology will only help the business identify consumer however the people management is taken for a toss as the founders lack experience handling the day to day challenges.

Some of the greatest innovations have occurred as a result of individuals who are not afraid to try again with a new idea.

Two Billion Dollars spent on Indians on How to Use 'APPS'

India has been named as the world’s fourth largest app economy, and it’s expected downloads will top 9 billion by the end of 2016, with an annual growth rate of 92%. The data comes from a report by App Annie, where it’s said the growth will continue and reach 20.1 billion app downloads by 2020.

India app ecosystem is estimated to be in the range of $330 mn by 2016.The average mobile app usage in India has grown by at least 129 per cent and has outpaced the global growth rate. The next wave of growth in the Indian mobile apps is being driven by the increased usage of smartphones coupled with low mobile tariffs bridging the digital divide between metros, non-metros and rural areas.

Who Spent on APP awareness to Indians and How much?
"Collectively all Indian Unicorn Startups like Flipkart, Snapdeal, Paytm, Ola and many more have spent around two to three billion dollars to educate Indian consumer on how to use APPS. These companies brought consumer onboard and the people started buying online" said Sandeep Singhal Co-founder of Nexus Venture Partners.

How many APPS average Indian user installs?
Study says Average Indian user installs 32 apps

How many Smartphones used in India?
200 Million

How many of these Smartphone users are from Urban Population?
70% Users

What are the most popular Apps in India?
WhatsApp, Facebook, Instagram, Flipkart, Snapdeal, Amazon and Paytm.

Startup for Cancer diagnosis at the earliest possible stage

Grail wants to develop a test for cancer at the earliest possible stage. Illumina, the maker of DNA-sequencing technology, teamed up with a group of Silicon Valley investors to develop a blood test for any kind of cancer at an earlier stage than previously possible.

Using Illumina's technology, a new company called Grail will look for a way to measure circulating nucleic acids — bits of DNA that circulate in the blood outside blood cells. While most of our DNA is inside our cells, scientists use CNAs to test for cancer and other diseases noninvasively. Its ambitious mission: Develop a universal cancer-screening test.

$100 million from investors, including Arch Venture Partners, Bezos Expeditions, Bill Gates, and Sutter Hill Ventures. Illumina remains majority shareholder.

Tags: MedTech startups, DNA, Cancer, Oncology, Illumina,

Startup Trends 2017 - FinTech & Agri Tech attractive Startup domains in India

Year 2017 will see birth of lots of FinTech and AgriTech startups in India as it's attracting most VC's investments.

Why FinTech?
Governments aggressive financial reforms (demonetization) has paved a way for lots of opportunities in Banking and other Organized sectors. India is going for cashless economy and this would turn out to be the best time for FinTech Startups to evolve. In December 2016 Govt. of AndhraPradesh has started a FinTech valley Park in Visakhapatnam which shows how governments are leading as front-runners for partnerships and investments.

Why AgriTech?
Agriculture, with its allied sectors, is unquestionably the largest livelihood provider in India, more so in the vast rural areas. It also contributes a significant figure to the Gross Domestic Product (GDP). Sustainable agriculture, in terms of food security, rural employment, and environmentally sustainable technologies such as soil conservation, natural resource management and biodiversity protection, are essential for holistic rural development. Indian agriculture and allied activities have witnessed a green revolution, a white revolution, a yellow revolution and a blue revolution. Currently, around 51 per cent of India's total workforce is engaged in agriculture and its allied sectors, like forestry, fisheries, and so on. For most of the 21st century India is expected to remain an agricultural society. One cannot underplay the role of agricultural growth in improving rural incomes and securing India's food and nutritional needs.

2017 will see new startups evolving in GrainTech, DairyTech and 'MeatTech. Farmers of Telangana are already using an app called Plantix, built by Progressive Environment and Agricultural Technologies

Do you have a point to add on AgroTech & FoodTech Startups Leave a comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More