Leveraging agri incubator for mobile apps

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How does agribusiness incubator help in technology commercialization and support the institute in achieving its mandates? Such a scenario calls for a change of perspective for the way institutes operates. The session will provide the institutes under NARS and others an overview on how business incubators help in not just technology transfer but also in generating revenues, protection of IPR, client interfacing and meeting their requirements and how agriculture can be viewed as a business entity.

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Leveraging agri incubator for mobile apps

  1. 1. Leveraging Agri Business Incubator forMobile ApplicationsRaghavendra PrasadCEO, Wifin Technologies Pte LtdNIABI 2012, New Delhi
  2. 2. The Shaping Wifin is a boutique mobile apps company – Nominated by NASSCOM as a “Showcase Company for IT Innovation in India” Works with many leading global clients on cutting edge technologies Promoters are IIT/ IIM/ Harvard guys – with no idea of any “culture”, leave alone agriculture! One of them was an early entrant and earliest quitter in agri business venture!
  3. 3. The mapping and sapping! ABI-ICRISAT appreciated our technology capability ABI suggested that we usher in this technology for Indian farmers in a meaningful and relevant manner Studied the existing solutions, their fulfillment strategies and gaps With ABI’s help, established some early funding and failed forays, despite repeated attempts, with some inquisitive customers with closed minds and wallets!
  4. 4. The lapping and capping! Today, thanks to ABI, we have the  right technology solution that gives voice to the farmer  right business model  right partnerships  For knowledge  For optimised technology costs  For agri-extension services  For input-output logistics  For the first round funding We earnestly believe this could be revolutionary!
  5. 5. The tapping! It takes two to tango – partnerships and marriages are always difficult, esp. after the honeymoon. Trust and endurance are a must Believe in what you do, opportunities are immense Keep sharpening the saw Meet your partners more than half way after creating win-win partnerships There is enough support around, you need to be prepared to receive and leverage it – “Secrets” by Rhonda!
  6. 6. Thanksrags@wifintech.com

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