Contemporary trends in entrepreneurship.

1. Entrepreneurship
Entrepreneurs
&
Startups
This is what it takes to create wealth for Good!
Prakash B Pimpale
CDAC Mumbai

2. Entrepreneurship: Act of being an entrepreneur - wikipedia
defines entrepreneur as one who undertakes innovations,
finance and business acumen in an effort to transform
innovations into economic goods
Entrepreneurs

3. Skills
Entrepreneurial skills
Risk-seeking
Innovation
Change-orientation
Persistence
Visionary
Technical skills
Domain specific hard skills
Communication
Co-ordinating in team
Interpersonal relations
Biz Management skills
Planning, formulating
Goals, decision-making,
motivating, marketing,
accounting, negotiation

4. How It Goes
➢For 'some' reason you think of starting on your
own
➢You get a chance to work on it
➢You start
➢You fail and succeed iteratively
➢You raise funding [Angel/Venture Capital]
➢You scale
➢You sale or you are all set for an IPO

5. What Exists and What may Excel

6. Contemporary Startups
➢Flipkart, Infibeam : Books, Electronic Stuff, Gifts, etc.
➢Bookmyshow, Bookmytrainings : Bookings
➢Makemytrip, Cleartrip, Redbus : Travel Booking
➢Dealface, Groupon : Group Buying, Daily Deals
➢Facebook, Twitter : Social
➢Naukari, Jeevansathi : Hunt
➢Paypal : Payment Gateway
➢Desicrew : Rural BPO
➢RangDe, Inkfruit, Airtel, Google, JustDial, NIIT

7. Next big
➢Analytics - Mu Sigma (Rs 580 crore from Sequoi and
General Atlantic)
➢Online Docs – zoho
➢Social Net - Custom social nets
➢Electronic Commerce – Buildabazaar, firstcry.com
➢Daily Deals/group buying – Groupon, mydala, daily deals,
snapdeals
➢Telcom – Internet, applications, low cost services [?]
➢Non Tech- Agriculture, Health Care, Human
resource/staffing, transport, banking, food, Clean tech
(Solar, environment friendly products)
?

8. Where to start

9. Online forums
➢NASCOM Emerge Community
➢National Entrepreneurship Network
➢Pluggd.in
➢iamstarting – interviews with founders
➢TechCrunch
➢open Coffee clubs / POCC
➢Paul Graham Essays (Y Combinator)

10. Offline Stuff
➢Magazines : Entrepreneur, DARE, Udyojak
(Marathi)
➢Books: Many out there, For starters- books by
Rashmi Bansal
Read anything and every thing that interests
you : An entrepreneur always looks for an
opportunity in everything, almost everything!

11. Events
➢Startup saturday
➢Proto.in
➢StartUp city
➢iWeekend
➢Startup Garage, pune
➢NASSCOM Emerge
➢TiE – The Indus Entrepreneurs
➢Tata Jagriti Yatra

12. Funding
➢Venture Capital: Sequoi capital, Cannon
Partners, (Vinod) Khosala Ventures
➢Incubators (SINE IITB/CIIE IIMA)
➢Angel Investors – Mumbai Angels, Indian
Angel Network
➢Public – NSE/BSE
Seed.Early.Growth

13. Government Initiatives
➢National Science & Technology
Entrepreneurship Development Board
(NSTEDB), DST India
➢Technology Development Board (TDB), DST
India
➢Incubators at IIMA, IITB, NCL Pune and many
more by TDB
➢National Innovation Foundation – Competitions,
Joint Product Development, ideas, Patenting

14. Why is this right time to start
➢for technology startups – opensource,
digitisation, user maturity, funding
➢for non tech startups – low cost processing with
automation, focus on core business,
consumerism and growing incomes, awareness
about the standard of living, funding

15. Any ideas?
Thank you!