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!
iSPIRT Foundation, a technology think-and-do tank, believes Indiaโs hard problems can be solved only by leveraging public technology for private innovation. iSPIRT, as a think-and-do-tank, pioneered the concept of Digital Public Infrastructure (DPI) Industry watched and waited to see if this budget will have bold, strategic announcements with long-term vision, aiming for Viksit Bharat 2047. …
Continue reading “A Budget with Good Intentions but lacks drive to realize Viksit Bharat & EODB”
To succeed at AI, we need a whole-of-nation approach involving deep-tech startups, enabling industrial policy and pre-commercial publicly-funded research. When the Biden Administration released its AI Diffusion Executive Order a few weeks back restricting GPUs to countries, it became clear that having strategic autonomy in AI was of paramount importance to India. Just being the …
In the evolving landscape of financial inclusion and digital lending, India has introduced several innovative frameworks designed to streamline access to credit, enhance transparency, and create seamless financial ecosystems. Among these, the Unified Lending Interface (ULI), Open Credit Enablement Network (OCEN), and Account Aggregator (AA) stand out as key initiatives aimed at modernizing the way …
Continue reading “Comparing Key Frameworks in the Digital Lending ecosystem: ULI, OCEN, and AA”
This workshop was organized by the Indian think tank iSPIRT Foundation, French Embassy in India, Consulate General of France in Bangalore, and La French Tech in India, based on the following principles: Results:
Thank you so much for your patienceโฆ Many of you asked when the volunteer programme would be available to apply, and here we are again. We do have some changes, though, so please pay attention. This application process will be available only for the next couple of months and close by December 20th, 2024. It’s …
Continue reading “8th Open House Session- Ballon Volunteers”
A gathering of iSPIRT volunteers in Bangalore turned into an interesting discussion: How does India become a Product Nation by espousing values that are inherent and ingrained in us as Indians? Here are some answers from that meeting. We hope this gets you thinking on how to draw inspiration from familiar cultural concepts while building …
This 2024 Budget coming post-election has aroused the most curiosity since the budget of 2014. It is for two reasons that this 2024 Budget is significant as we work towards a Product Nation: Reason 1 is for this budgetโs Innovation and related public spending on private innovation and Reason 2 is for the next-generation reforms …
Continue reading “Budget 2024 – Empowering Startups and MSMEs, and Doubling Down on DPIs and R&D”
In this insightful dialogue, Sagar Parikh engages with Deepak Sharma to explore the transformative potential of cash flow lending for Indian MSMEs. Deepak underscores the significance of democratizing credit access through short-tenor and small-ticket loans, especially for micro-enterprises that comprise 99% of the MSME sector in India. Drawing from his rich experience in banking and …
OCEN is an initiative to unbundle lending and enable the creation of specialized entities, each specialized at one part of the job. Therefore, we envision the future of lending to be a partnership between multiple firms individually focused on sourcing/distribution, identity verification, underwriting, capital arrangement, recollections, etc. The entities like marketplaces who have high business-connect …
In this recent OpenHouse, Sagar Parikh discusses with Dr Ravi Modani how democratizing credit through short-tenor and small-ticket loans can help finance Indian MSMEs, 99% of which are micro-enterprises. Dr Modani shares his insights and invaluable guidance to navigate the complex world of B2B financing for MSMEs. He also delves deep into the challenges faced …
This being an interim budget, much was not expected as far as new announcements and taxation changes. However, for iSPIRT and the Product ecosystem of the country, it is heartening to know that some of our initiatives and thoughts as a โthink-tankโ have become central to thinking of Government at the leadership level. The following …
Continue reading “Interim Budget 2024 – DPIโs the new factor of productivity”
In our most recent OpenHouse, we embark on an insightful exploration of the transformative landscape in MSME lending, featuring Bhavik Vasa, the Founder of GetVantage, and Sagar Parikh. The conversation delves into the potential of creating groundbreaking impact through interoperable networks, particularly focusing on OCEN. The discussion navigates the dynamic intersection of finance and technology, …
Continue reading “Unlocking MSME Growth: Interoperable Networks & FinTech Insights with Bhavik Vasa”
Intermediaries and Fintechs have played an important role in the lending ecosystem, but the impact is mostly seen in consumer lending and not so much in MSME lending, especially for unsecured, small ticket and short duration loans. What are the missing pieces in the lending process for which advanced tech and a mindset shift can …
This is the 4th blog in a series of blogs describing and signifying the importance of DPI for AI, a privacy-preserving techno-legal framework for AI data collaboration. Readers are encouraged to first go over the earlier blogs for better understanding and continuity. We are at the cusp of history with regard to how AI advancements …
This is the third in a series of blogs describing the structure and importance of Digital Public Infrastructure for Artificial Intelligence (DPI for AI), a privacy-preserving techno-legal framework for data and AI model building collaborations. Readers are encouraged to go over the first and second blogs for better understanding and continuity. Open House on DEPA Training …
Continue reading “Open House on DEPA Training #3: The Regulatory and Legal Aspects”