Startup Sunday Season 3 Episode 13(Binashree – The Skyrocketing 3D Printers)

Many are successful, but only a few are achievers. What differentiates these two is the courage to take the road less travelled. It requires lots of courage to enter an industry which is still developing and moreover when you don’t possess any expertise in that sector.

Today’s Startup Sunday brings to you the story of such enthusiastic and dynamic young brothers, Sitendu, an Electrical and Electronics Engineer and Somarendu, a Chemical Engineer, who left their 9-5 desk job for making an impact in Indian Tech market with their brand-new Start-up called Binashree.

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Startup Sunday Season 3 Episode 12(Google- Fostering Innovation and Nurturing Startups)

We all talk about start-ups and new businesses that recreate the business models time and again. But the startup that changed the course of this millennium was Google. Today a company with a market capitalization of billion US dollars was once a startup in the year 1996. Two Stanford Ph.D. students, Sergey Brin and Larry Page had the idea of ‘BackRub’, a revolutionary technology that would rank web pages based on how many other web pages linked back to them. A disrupting idea in itself, the two co-founders worked to make their idea a success. And thanks to the world of internet, Google slowly created a buzz that took the entire world by storm.

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The Early Days of Google Continue reading “Startup Sunday Season 3 Episode 12(Google- Fostering Innovation and Nurturing Startups)”

Startup Sunday Season 3 Episode 11 (Immediate need for Agri-tech startups in India)

A week into Conventus’18 where IMI New Delhi saw some of the best industry stalwarts come and put forward their valuable insights on innovation, the question we all have in mind is whether the boon from innovation would really trickle down to the lowermost sections of the Indian demography. The new age Indian startups are mostly tech-based and are working towards catering the needs of the emerging middle class of India in its urbanized clusters. Whether it is the e-commerce platforms, car rentals or food delivery services for that matter, the unicorns of the Indian startup ecosystem are mostly reaching out to the consumers in Urban India. Moreover, most of these unicorns have high funding from foreign Venture capitalists and banks to run their operations. This brings forth the long-term debate of the Make in India versus the Make for India initiative. Continue reading “Startup Sunday Season 3 Episode 11 (Immediate need for Agri-tech startups in India)”

Startup Sunday Season 3 Episode 10 (ATTENTIVE AI)

Artificial Intelligence is the hot topic everyone is talking about today. But what is Artificial Intelligence? Artificial Intelligence is a part of computer science that aims to create intelligent machines. But there is much more to it than meets the eye.

“A year spent in artificial intelligence is enough to make one believe in God.” —Alan Perlis

Attentive AI is one such entrepreneurial venture which using their own AI aim to meet the needs of the remote sensing industry to generate actionable insights on a daily basis. Getting confused, let’s simplify it. Remote sensing is the science of obtaining information about object or areas using aircraft or satellite-based sensor technologies. So according to the people at Attentive AI there are trillions of pixels of raw data that exists out there waiting to be processed. Even if the population of the entire planet was to analyze this data it would take an eternity. But processing this data and extracting insights from it requires a human-like accuracy. Attentive AI was founded on this premise developing Artificial Intelligence Systems that made it possible to analyze petabytes of remote sensing data, converting it into accurate insights with minimal human effort. They create geospatial data which is data that gives information about a physical object in the form of numerical values on a geographic coordinate system like roadmaps for their clients.

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Startup Sunday Season 3 Episode 6 (HUMhain)

Let’s face it: In such a fast-moving world where everyone is so busy and performance pressure is everywhere, we often forget small things and sometimes even the most important of the things! Imagine yourself going out on an important presentation and you reach the venue just to realize that you forgot to bring your pen drive. Another scenario where it’s your anniversary and you forgot to bring the cake for your wife (you’re already in danger). Who can possibly help you in no time?

HUMHain is the name!

Three years back, a boy who observed these scenarios, got a small idea which then got converted into a business model called ‘HUMHain’. Their tagline goes like this “Deliver anything from anywhere”, which itself explains the very motives of the company.

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Startup Sunday Season 3 Episode 4 (ENTREPRENEURSHIP AND ECONOMIC GROWTH: THE INDIAN PERSPECTIVE )

Entrepreneurship is the most powerful economic force known to humankind! The “entrepreneurial revolution” that captured our imagination during the late 1990s has now permeated every aspect of business thinking and planning. As exemplified by the “dynasty builders” of the previous decades, be it Dhirubhai Ambani of Reliance or Bill Gates of Microsoft, the applications of creativity, risk taking, innovation and passion lead the way to economic development far greater than anyone could imagine. The 21st century presents newer and sometimes more complex challenges than ever before conceived; however, the entrepreneurial drive and determination of our yet-to-be discovered “dynasty-builders” will be our greatest solution.

A recent survey published in The Times of India (ToI) describes the Indian Youth as ‘cool, confident and even a little complacent’. The youth today, in marked contrast to his ilk of the pre-reforms generation, is not worrying about the future. The survey found only 7 per cent of the Gen-X Indians worried about finding employment and mere 5 per cent anxious about financial stability. Interestingly the study found that youth across India want to be wealthy, successful and educated, they want to achieve this through a range of business choices. A good number want to venture into business ownership and information technology. Entrepreneurship has been regarded as an important determinant of wealth creation. It was trading in ancient times, labour-dominated production in the medieval age, technology-enabled manufacturing in the modern times and services and knowledge-oriented in the post-modern era. The all-important question that needs to be answered is why entrepreneurship not picking up in India at the pace that is required?

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Startup Sunday Season 3 Episode 3 (Swiggy)

The first wave of unicorns (a privately held startup company valued at over $1 billion) was created across e-commerce (Flipkart, Shopclues, Snapdeal) and ride hailing (Ola). With the recent funding round, the tide has turned towards food-tech with Swiggy joining the coveted club along with its closest competitor – Zomato. Let’s unwind the journey of this Bangalore based startup that brings restaurants into your pockets!

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Founded in 2014, Swiggy is a food ordering and delivery company. Inspired by the thought of providing a complete food ordering and delivery solution, Swiggy brings the best neighborhood restaurants to the urban foodies. With the expanded reach in 15 cities, Swiggy has over 35,000 restaurant partners and a diligent delivery fleet of over 40,000. Continue reading “Startup Sunday Season 3 Episode 3 (Swiggy)”

Startup Sunday Season 2 Episode 33 (How Funding Works)

As an entrepreneur when you have entered a market or you are in a development phase of your product or everything is set and you want to grow your business, MONEY becomes the key for driving these next steps. It helps you hire new talented people, grow your market share, enter a new market and build up your office space etc.

In this episode of Startup Sunday, we will learn about Funding, its various stages and how and when a company should go about it.

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Startup Sunday Season 2 Episode 32 (Sqrrl)

We as a country have mostly been conventional when it comes to investing. While the stock market is a treacherous journey to be made alone, the bank FD’s hardly provide a substantial movement for your money. This is where a gamut of mutual funds sprouted up in the last few years. The various mutual funds didn’t go unnoticed by the young working class who are more evolved when it comes to financial planning.

Today’s start up Sunday is about one such place that gives the required momentum to your money. Sqrrl is an AI powered technology start up that deals with rather complicated world of investing and financial planning.

We got into talking with Mr. Dhananjay Singh, co-founder of Sqrrl, who perfectly amalgamated the idea of entrepreneurship with financial planning.

 

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