Blogs by
AIC-BIMTECH
From Silicon Valley to Silicon Bharat: India’s Startup Ecosystem in the AI Capital Race
From Silicon Valley to Silicon Bharat: India’s Startup Ecosystem in the AI Capital Race Global technology giants like Microsoft, IBM, Adobe and SAP, all are building AI solutions in India, to be shared with the world Recently in G20 summit, Prime minister Narendra Modi proposed to establish a comprehensive frameworkRead More
Balancing Act: Layoffs in Startup ecosystem
Balancing Act: Layoffs in Startup ecosystem Even global behemoths such as Microsoft and Amazon have not been immune to the trend, collectively shedding around 100,000 jobs. Consulting giants like McKinsey, Boston Consulting Group, and financial services firm Morgan Stanley have also made surprising cuts to their workforce. The start-up ecosystemRead More
Tips for Beginners: Social Media for New Business
Tips for Beginners: Social Media for New Business As you sow the seeds of your startup dreams and prepare to bring your MVP to life, harnessing the power of social media can provide you with an invaluable platform to connect, engage, and resonate with your target audience, setting the stageRead More
Five Traits That May Hinder Founder’s Success
Five Traits That May Hinder Founders Success The moment when you stumble upon ‘THAT’ idea – the one that keeps you awake at night, the one you can’t stop talking about. It’s simply an exciting experience. It becomes the driving force behind our decision to take the plunge and launchRead More
The Rise and Fall of Indian Edtech Start-ups
The Rise and Fall of Indian Edtech Start-ups ♠ Many edtech start-ups rode the COVID wave and tried to fill the gap by providing online educational services, but the same start-ups are now struggling due to lack of a sustainable business model and high cost of customer acquisition. ♠ InRead More
Investing in India’s Tomorrow: How Angel Networks Fuel Entrepreneurial Dreams
Investing in India’s Tomorrow: How Angel Networks Fuel Entrepreneurial Dreams Brief Angel networks play a vital role in India’s startup ecosystem by providing early-stage funding and enhancing startup credibility. With over 125 active networks and more than 470 startups funded since 2014, their significance is projected to grow further. TheseRead More
Unlocking the Power of Networking
Unlocking the Power of Networking ♠ Networking plays a pivotal role in building connections, expanding knowledge, finding opportunities, and garnering support ♠ By actively participating in networking activities and cultivating meaningful relationships, entrepreneurs can harness the power of networking to propel their ventures forward ♠ Attend pitch events, seek introductionsRead More
Fueling Entrepreneurship: Indian government’s commitment to startups
Fueling Entrepreneurship: Indian government’s commitment to startups ♠ Startups are projected to contribute 4-5% to GDP in the next five years and have already generated over 7.6 lakh jobs. ♠ Startups offer rapid career advancement, with top-level managers earning an average annual pay of ₹11.2 lakhs and mid-career managers earningRead More
Driving into Tomorrow: The Rise of Electric Vehicles and Sustainable Transportation
Driving into Tomorrow: The Rise of Electric Vehicles(EVs) and Sustainable Transportation ♠ Government schemes have improved e-charging infrastructure, reduced Goods and Services Tax (GST) on EV sales, and offered subsidies totaling Rs. 10,000 crores ♠ The battery industry, the waste recycling industry, the charging infrastructure industry, the electric taxi industry,Read More
The AI Revolution: From Pitfalls to Possibilities
The Artificial Intelligence (AI) Revolution: From Pitfalls to Possibilities This writing discusses the potential downside of relying solely on AI for information, highlighting the loss of joy in exploration and serendipitous discoveries. Sam Alman, CEO of OpenAI, recent visited to India addressed the misconception that using ChatGPT hampers humanRead More
(Part 3/n: Incubators/Accelerators) From Guidance to Funding to Infrastructure and What Not: The Flood of Enablers for Entrepreneurship In India!!!
(Part 3/n: Incubators/Accelerators) From Guidance to Funding to Infrastructure and What Not: The Flood of Enablers for Entrepreneurship In India!!! About Money is not the only ensurer of success when you want to launch and run a business, you need help, be it market access or specialized consulting, or aRead More
Prioritizing Climate Smart Start-up Ecosystem
♠ India’s commitment to climate action is showcased through solid strategies, including green hydrogen, electric vehicles, and renewables. ♠ India faces challenges in coping with climate change, ranked low in the Environment Performance Index; MSMEs crucial for sustainability. ♠ Recycling-based innovations and green investment meet offer opportunities for businesses toRead More
Sustainable Business Practices: Balancing Profit and Purpose for a Better Future
♠ According to a recent study, a staggering 66% of global consumers are willing to pay a premium for sustainable brands that demonstrate a commitment to making a positive impact. ♠ Pitch decks highlighting sustainable aspects of business may get more acceptance in the investor community. ♠ Sustainable entrepreneurship, aRead More
The Power of Co-Working: Solopreneur to Synergistic Success
Co-working spaces have become a hub for collaboration, networking, and innovation, with many entrepreneurs using these spaces to exchange ideas, seek feedback, and even find potential customers. Over 35,000 co-working spaces are operational around the world. Such spaces also offer a variety of amenities, such as high-speed internet, conference rooms,Read More
Build Your Dream Team: Maker or Breaker of Business
♠ Have clarity about the role and responsibilities of each team member, and ensure they share the same passion and vision for building the company. ♠ To keep the team focused and motivated, limit your priorities to no more than three at a time and consider implementing a shared scoreboardRead More
From Guidance to Funding to Infrastructure and What Not: The Flood of Enablers for Entrepreneurship In India!!! (Part 2/n: Funding)
♦ A bootstrapped startup would not have to be answerable to external entities but would have to be cognizant that the bootstrapped money would only last so long, and they would have to turn to investors if they are unable to make themselves profitable. ♦ While banks may agree toRead More
Protection of Intellectual Property In India: Current State of Affairs and A Guide to filing Patents
Protection of Intellectual Property In India: Current State of Affairs and A Guide to filing Patents • By protecting the ideas and innovations of creators and businesses, these legal protections incentivize investment in new and exciting technologies and products and ensure that the benefits of such investments are shared fairlyRead More
From Masks to Unicorns: The Fate of Pandemic-Era Startups
From Masks to Unicorns: The Fate of Pandemic-Era Startups • As per the data presented in the Parliament Budget Session, the growth rate of active companies in India registered with the Ministry of Corporate Affairs, is just 12.23 % from 2020 to January 2023, while it was about 77.6% fromRead More
From Guidance to Funding to Infrastructure and What Not: The Flood of Enablers for Entrepreneurship In India!!! (Part 1/n: Government Bodies)
From Guidance to Funding to Infrastructure and What Not: The Flood of Enablers for Entrepreneurship In India!!! (Part 1/n: Government Bodies) • Today, we stand as the third largest start-up ecosystem; we have over 80,000 recognised start-ups, while the combined valuation of Indian start-ups stands at over $450 billion, andRead More
Unlocking the Secret to Securing Funding for Your Startup: A Look Inside Investors’ Mind?
Unlocking the Secret to Securing Funding for Your Startup: A Look Inside Investors’ Mind? • It is important for founders to have a well-oiled machine in place before presenting their idea to potential investors as less than 4% of startups ultimately receive funding. • Startups need to show investors thatRead More
It Isn’t Out of Reach Anymore!!! Building Entrepreneurs From The Ground Up
It Isn’t Out of Reach Anymore!!! Building Entrepreneurs From The Ground Up • With a total of more than 19,500 start-ups being recognized in India in the year 2022, the total number of recognized start-ups in India has crossed the figure of 96,100 in March 2023 • Along with severalRead More
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