iSPIRT works to transform India into a hub for new generation software products, by addressing crucial government policy, creating market catalysts and grow the maturity of product entrepreneurs. Welcome to the Official Insights!
Context Section 56(2)(viib) of the Income Tax Act, 1961, or the dreaded “Angel Tax” was inserted by the Finance Act, 2012 to tax any capital raised by a closely held company which is above its Fair Market Value (FMV) as income from other sources, with Rule 11UA(2) stipulating the following two methods for determining the …
Continue reading “Angel Tax in India — Demystified and Explained”
Quick Update: We have submitted our response on 30 January 2018. You can find it on this link It is widely known that the amount of data generated daily worldwide is rising at an incredibly exponential rate. Yet, what remains shrouded is how this data, particularly those data types concerning or generated by us, as individuals, …
Roadmap is a key part of a software product company, especially Enterprise Software (B2B) software. When you sell your software to a customer, it is not just on the current capabilities but lot of emphasis is made on the Roadmap. Especially with cloud based software this is becoming super important, as the innovation and capabilities …
New Year Greetings from Product Nation We are happy to present the iSPIRT Volunteer Handbook. The volunteer model that underpins iSPIRT has been around since 2009. Every three years we write about our volunteer model so that others can learn from it and build their own volunteer networks. There are many kinds of volunteer networks. …
Access to formal credit continues to be one of the largest challenges faced by MSMEs in India due to lack of verifiable data about their business.Digital payments data combined with GST data has the potential to unlock millions of SMEs & bring them into the formal system. India is going through a Cambrian explosion of …
Continue reading “Leveraging GST data for Flow based Lending”
The third edition of the popular India SaaS survey is here. As always there are 2 parts, Form A, a 100% anonymous survey, and Form B, a distinct & separate form capturing company details for us to share the final report. Please note that forms A & B are kept distinct to protect your privacy. Both together take about 10 minutes to …
Continue reading “Launching the SaaS Survey 2017 – by SignalHill and iSPIRT”
What is GDPR you ask? and Why should you care? Some of you may know about the upcoming rollout in EU of the General Data Protection Regulation. GDPR is a regulation that requires businesses to protect the personal data and privacy of EU citizens for transactions that occur within EU member states. GDPR implementation date …
Last Saturday we had an awesome teardown roundtable in Chennai moderated by Suresh (KiSSFLOW) and Bharath (FreshDesk) 🙇🏻.. This was my first direct experience with the teardown. Six companies participated (PickYourTrail, FoodEngine, SysCloud, CustomerLabs, Tagalys, and ManageArtworks). While the entire session of 4+ hours was extremely intense, I want to quickly share with you in 10 minutes (almost) of …
Continue reading “Product Teardown explained in 10 minutes (well almost!)”
Are you ready for the product teardown roundtable in your city As Diwali marks a Joyous celebration and heralds a Prosperous New Year for all, we kick off a series of Product Teardown Roundtables to help our SaaS startups prepare for a successful year ahead. This series of PlaybookRT will focus on Guiding the customer journey from Discovery to …
iSPIRT works to transform India into a hub for new generation software products, by addressing crucial government policy, creating market catalysts, building societal platforms, and assisting product entrepreneurs evolve into the next role. It’s a think-tank with an emphasis on following up our ideas with great execution. This is where you come in. Over the …
The Product Market Fit or PMF in short is one of the first holy grails that every entrepreneur strives to achieve. The second Holy Grail is also another “P” – Profits, which I will deal with in a blog post later. I will share my learnings of what constitutes a Product Market Fit for an …
The GST was welcomed by all as a revolutionary measure. We had covered one earlier topic, “How GST will work for software exporters”. There have been many changes in last few weeks before GST was launched in the IGST law. Please note that “GST law” treats Software as “Service”. Hence, there may be a mention …
Continue reading “Software Exports – GST makes it difficult to do business”
“Be the change that you wish to see in the world” – Mahatma Gandhi When I was invited to attend Niti Aayog’s event held recently with our Honourable Prime Minister, Narendra Modi, for a two-day focussed discussion on creating ideas for a ‘New India by 2022,’ I wasn’t entirely sure as to what to expect. …
Continue reading “That’s why Indian entrepreneurs will win…”
Since conception, the India Stack has always been presented as having 4 layers. The first 3, paperless, presence-less and cashless, would essentially combat the price of doing transactions. Whether government to consumer or business to consumer, these layers significantly drive down the cost of interacting with your end consumer. With reduced cost, came increased access. …
Continue reading “The best way forward for Privacy is to open up your data”
In May of 2017, the cover of the Economist proclaimed that Data is “The world’s most valuable resource”. The proof of this proclamation can be seen by the domination of Tech Giants in virtually all major global markets. Moreover, they are quickly gaining ground & unseating incumbents in more traditional industries such as transportation, media, …