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India’s Exciting & Booming Tech Sector
Opportunities, Risks, and the Way Forward
A presentation by Troy Erstling
My Story
International Studies from the
University of Arizona, Tucson.
Awarded the IDEX Fellowship
in Social Enterprise
St...
My Story
We help young professionals find employment
opportunities abroad with early stage startups and
social enterprises...
What you need to know
World’s fastest growing Startup Ecosystem with
over 800 new tech startups sprouting every year!
Inve...
Notable Companies
Why Bangalore is awesome:
Startup Ecosystem Report 2012
Most attractive cities for young grads
Percentage of movers who are young graduates
17.9Phoenix, Arizona Area
42.3Paris Ar...
Downsides
Many «Me-too» ideas
“Instagram/FB of India”
Services oriented
Data Analytics, Web Development, Mobile Apps
Inves...
Two Valuable Lessons
As per Paytm estimates, there are about 60 million
smartphone users in India out of which Paytm will
...
Two Valuable Lessons
Platform for creative expression for University
Students – akin to a FB for creatives in the early
da...
Companies Started by Expats
Difficulties Starting Up	
Ranks as one of the worst countries in terms of ease
of starting a business (#176)
Lack of suffi...
Key Markets
Indonesia
Jakarta
Population 241M 95M 28M89M 64M 5M
55M 30M 17.5M30M 17M 3.6M
Internet
population
92% 99% 124%...
Thank you !
Troy Erstling /Founder and CEO
+91 8197953465
Troy@braingain.co
Looking for a job abroad ?
India's Exciting and Booming Tech Sector
India's Exciting and Booming Tech Sector
India's Exciting and Booming Tech Sector
India's Exciting and Booming Tech Sector
India's Exciting and Booming Tech Sector
India's Exciting and Booming Tech Sector
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India's Exciting and Booming Tech Sector

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A presentation I gave at Harvard Business School on my learnings throughout the last year and a half living in Bangalore, India.

Slides on mobile/internet penetration courtesy of wearesocial (http://www.slideshare.net/fullscreen/wearesocialsg/social-digital-mobile-around-the-world-january-2014/1)

Published in: Technology
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India's Exciting and Booming Tech Sector

  1. 1. India’s Exciting & Booming Tech Sector Opportunities, Risks, and the Way Forward A presentation by Troy Erstling
  2. 2. My Story International Studies from the University of Arizona, Tucson. Awarded the IDEX Fellowship in Social Enterprise Studied abroad in Buenos Aires, Argentina. NEN Zoom Ekho Water From Manalapan, NJ Taught English in Seoul, South Korea
  3. 3. My Story We help young professionals find employment opportunities abroad with early stage startups and social enterprises. Bringing Talent to Startups in Emerging Economies
  4. 4. What you need to know World’s fastest growing Startup Ecosystem with over 800 new tech startups sprouting every year! Investment is flowing – unlike other parts of SE Asia money is flowing through India at record numbers. Venture capital and private equity investments expected to double to $1.2B in 2014 India recently rated #9 in the world for expat quality of life Over 50% of all startups come out of Bangalore
  5. 5. Notable Companies
  6. 6. Why Bangalore is awesome: Startup Ecosystem Report 2012
  7. 7. Most attractive cities for young grads Percentage of movers who are young graduates 17.9Phoenix, Arizona Area 42.3Paris Area, France 39.9Washingtom D.C. Metro Area 39.8Greater Minneapolis-St. Paul Area 39Madrir Area, Spain 37.8Greater Chicago Area 37.6Greater New York City Area 34.8London, United Kingdom 34.3San Francisco Bay Area 33.8Bengaluru Area, India 33.6São Paulo Area 32.7Houston, Texas Area 32.7Greater Boston Area 32.3Greater Seattle Area 30.3Pune Area, India 29.9Greater Los Angeles Area 28.5Greater Atlanta Area 28Hyderabad Area, India 28Greater San Diego Area 24.7Greater Denver Area 22.3New Delhi Area, India 20.8Mumbai Area, India
  8. 8. Downsides Many «Me-too» ideas “Instagram/FB of India” Services oriented Data Analytics, Web Development, Mobile Apps Investors with unfavorable terms Series A crunch
  9. 9. Two Valuable Lessons As per Paytm estimates, there are about 60 million smartphone users in India out of which Paytm will have over six million monthly users by end of this month. 300,000 transactions on a daily basis. On a monthly basis, Paytm has been doing around seven million transactions and it’s confident enough to enable a million transactions on a daily basis sometime in 2015. This is more than Amazon, Flipkart and Myntra Lesson #1 – Mobile First
  10. 10. Two Valuable Lessons Platform for creative expression for University Students – akin to a FB for creatives in the early days “Unmagazine” enabled them to penetrate 2000+ campuses Organize on campus events, recruitment fairs, contests, internships to promote their brand at Uni’s. Lesson #2 – Importance of Offline Marketing
  11. 11. Companies Started by Expats
  12. 12. Difficulties Starting Up Ranks as one of the worst countries in terms of ease of starting a business (#176) Lack of sufficient infrastructure Legal Red Tape «24 hours vs. 24 days» in responses Payments on time Scaling difficult due to cultural issues Hiring and retaining talent - only specific talent buckets - as you scale becomes increasingly harder to get quality talent on board
  13. 13. Key Markets Indonesia Jakarta Population 241M 95M 28M89M 64M 5M 55M 30M 17.5M30M 17M 3.6M Internet population 92% 99% 124%60% 115% 150% Mobile subscriptions vs population $2.41 $4 $15$5 N/A $35.4 Mobile ARPU in $USD Vietnam Ho Chi Min Philippines Manila Bangkok Thailand Kuala Lumpur Malaysia Singapore Singapore Singapore 20% 20% 27%10% N/A 73% Smartphone vs feature phone
  14. 14. Thank you ! Troy Erstling /Founder and CEO +91 8197953465 Troy@braingain.co Looking for a job abroad ?

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