Entrepreneurs should pay attention to customers early to shape their product, rather than over-relying on quantitative data, surveys and statistics.
Can Bangalore be the next Silicon Valley? Srinivas Kulkarni looks at what it will take for India to have a flourishing startup ecosystem.
Srinivas is an avid blogger and a technology enthusiast who has worked for a couple of digital/tech startups in India since 2010. He has also worked with a few technology clients dealing with tech startups in India and Asia-Pacific, giving him an insight on the country's startup space. In his spare time he listens to audiobooks, podcasts and is a passionate travel blogger.
Among the key things to remember entrepreneurs pitching their ideas for the first time need to be able to explain their idea as simply as possible, and outlining a clear exit strategy.
A Mumbai-based startup helps connect roommates in metro cities via a compatibility test integrated in its listings site, and a social feature which connects users within their friends' network--all brokerage free.
The Hyderabad-based startup provides healthcare alerts, such as for medication timings and prescription refills. Druxon is touting its SMS-based configurability and caretaker functionality that will allow individuals to configure dependents' alerts.
CodeBunk is touting itself as a platform for online technology interviews, allowing software developers to be assessed on their skills easily and remotely without the need for multiple interfaces.
The Indian startup was inspired by the movie Minority Report, and offers a gesture recognition platform which allows control of the computer via hand gestures--compatible with any hardware including TV, laptops, and projectors.
The Bangalore-based startup helps curate regional content from newspapers onto your mobile devices for over 30 million users.
The India startup's product is based on the concept of automated video interviews. It helps recruiters to prerecord video questions, set up interviews, and invite any number of candidates in a few minutes.
The Mumbai-based startup is pushing a social network that allows users to draw from others' product experience for reviews on their wishlists, which it says is currently a broken model.
The startup provides Indians a way to recharge mobiles and pay bills across various platforms. It claims to have the country's largest number of active digital wallet users.
Besides saving on overheads, Coworkable's shared premises for rent model offers startups the opportunity to network with potentially valuable contacts for ideas or investors.
Presently in Delhi and Bangalore and planning to expand to 15 cities, the mobile app enables hassle free booking of a radio taxi with just two taps.
An Indian startup aims to help people decide what to give based on inputting data such as the recipient's age, relationship with giver and type of occasion.
Ahmedabad-based Biosense offers Uchek, a smartphone-based urine monitoring system to help users detect health problems early and avert various medical complications.
Surgerica.com lets online users research a medical condition, and find credible and curated results on hospitals and healthcare information available in India, Singapore, and Thailand.