A patent is a form of intellectual property defined as “a government authority or licence conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention.” The purpose of a patent is to protect the intellectual property created by an inventor for a …
InnoFest 2016 – Innovation celebrated in Bangalore, and how…
Robots, Drones, Electric Bikes, 3D printers, Modular Homes – It’s all Happening in India – #IndiaInnovates The Indian Software Product Industry Roundtable (iSPIRT), a think tank dedicated to the cause of the Indian Product Industry, held its flagship event InnoFest 2016 in Bengaluru. This unique event was inaugurated by Mr. Mohandas Pai, Chairman of …
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Industry 4.0: The New Normal
In case you are a manufacturing company beginning to explore how investment into Artificial Intelligence and Internet of Things could help your top and bottom lines, you may already have fallen behind. The fourth industrial revolution or the ‘Industry 4.0’ is already upon us and the opportunities to completely transform the way we carry out …
What to expect from National Policy on Software Products [Draft]?
Ministry of electronics and information technology (MeitY) has released the draft of National Policy of Software Product (NPSP) for public consultation. Click here to see the announcement and how to respond to the consultation process. Click here to see the draft pdf document. This blog aims to explain where the draft NPSP policy statement stands …
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FirstHive @PNGrowth2016
‘Omwana ni wa bhone’ – a famous African proverb meaning: “ Regardless of a child’s biological parents, its upbringing belongs to the community” A cold November morning, we drove down to Devanhalli on the outskirts of Bangalore, having blocked three days to be a part of PNGrowth2016. Reading about the previous version of PNGrowth & the regular …
Startup Bridge India: Breaking Down Borders, Barriers and BS
India has fast emerged as the world’s second largest Internet market. Since 2012, nearly $15 billion has been invested in tech startups with over 300 M&A deals. However, a large percentage of deals (80%, 2014-Q3’16) were sub-$5M deals driven by acquihires and restructuring. Looking west to Israel and the US, it is clear that for …
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Thoughts on Open Source Communities
Supporting open source users seems like a thankless job. There have been many blogs written on this topic. Developers have stopped maintain popular projects because of the burn this causes. People who use open source projects, indirectly assume that they are entitled to free support, even if they have taken no effort to understand the …
Behind the scenes of $2 billion Indian startup movie #PNgrowth
Last month, for the first time, I witnessed something really special. Even for someone like me, whose very job and calling is to evangelise this nascent software ecosystem of ours, this was something extraordinary. I’ve been doing this a while, and what happened last month was one of the best feelings I’ve had in this …
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External Commercial Borrowing norms for Startup (ECB)
What is ECB? External commercial borrowings(ECB) imply borrowing (debt) from a foreign (non-resident) lender. ECB is an attractive financing route as it generally offers access to finance with low rate of interest available from overseas low interest markets. ECBs have been in use by many corporations, PSUS and especially by MNCs setting up operations in …
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How UPI is more convenient & secure than what most people think
A phenomenon that has been pretty popular recently in the news goes by the name of UPI (Unified Payments Interface). However, most people have not been able to experience the revolution and the magic moment that comes along when paying via it. Part of that stems from the myths that keep floating around, regarding how it might not …
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India Inc Version 2: Disruptive, Agile, Confident and… ready to Go Global
The growing internet penetration has fuelled India’s start-up ecosystem, which is now the third biggest in the world. US-based Compass (Startup Genome), in its 2015 report, puts Bangalore as the world’s second fastest growing start-up ecosystem. There is a massive opportunity within the $2 trillion Indian economy owing to the consumption fuelled by 1.3 billion …
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3 Key Factors to Increase Revenue for Your SaaS Product
There are two types of SaaS products. New innovative product The commodity products (which is a copy of an innovative product) The innovative products get sign ups and are able to scale because they have built a very useful and handy USP. They get word of mouth from early users which are enough for them …
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StartupBridge India – Strengthening Potential Strategic Partnership to the world
There are many dimensions to India becoming a Product Nation. A thriving local market is critical, which are shaped by changing consumer preference and policy. Also important is increased trade in areas of comparative advantage. Digital consumer market in India that opened few years ago saw its waves and cycle of valuation however it is …
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