Category: Business Ideas

Business Ideas, Finance

A HUNT FOR INDIA’S MOST INNOVATIVE BUSINESS IDEA

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Indians are some of the biggest, greatest and best entrepreneurs in the world. Their business acumen and passion for success has been recognized and lauded the world over. They have inspired millions to think big and doggedly pursue their dreams of making it big. Today, doing business across any vertical is wrought with stiff competition. We are seeing a whole new generation of entrepreneurs who are doing things differently through some innovation and identifying new business opportunities. You can click here to get help you with your business finance.

These New-age Entrepreneurs and visionaries are redefining the way business has been traditionally done. Through every new opportunity, we see individuals who are not only young but are also not averse to taking risks.

Continuing with Network18’s endeavor of promoting ‘entrepreneurship’ and ‘start-ups’ in India, ‘The Venture’, a joint initiative with DS Group, hunts for next big entrepreneurial idea that is yet to be conceived.

Why Apply:
  • Raise up to a maximum of INR 1 crore for 10% equity
  • Opportunity to pitch to a highly renowned group of Jury members
  • Service providers & experts to facilitate deal closure & documentation
  • Extensive mentoring by top industry leaders

 

www.theventure.co.in

Business Ideas, Innovation, Motivations

10 offbeat startups that are trying to make it big in India

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It’s ingenious but, er, does it make money? Perhaps all the entrepreneurs who feature in this special package would have been asked this question at some point in their startup journey.

Kalyani Khona, who has started up Wanted Umbrella, which she claims is India’s only matrimonial agency for differently-abled people, may have had observers wondering where the money will come from. Her quick answer: “I have married a social cause and business.”

It’s ingenious but, er, why on earth would people want it? That’s a query Alpana Agarwal, co-founder of Con Affetto, which makes edible bouquets — think cupcakes, cookies, truffle — may be used to by now. Ask her about who are the potential customers and she just might tell you about the good lady who placed an order in New Delhi for her grandson’s first birthday and carried it to Jaipur.

It’s ingenious, but will it fly? That’s what Mrinal Pai must be asking himself on the odd bad day. His startup is a farsighted concept that offers custom drone products and services. Pai sees a (near) future when drones will be used to transport organs between hospitals, flying over gridlocked roads; and when you could use his service to drop a quick personalised note of endearment to your beloved. Yes, but will regulations — which have yet to be framed — allow his drones to keep flying?
These are just three of the 10 offbeat startups we’ve deep-dived into; just three of the 800-odd startups added every year; and just three of the over 3,000 startups that are trying to make it big in India.

The 10 that we’ve picked are novel, but being different or a first mover is no guarantee of being the best mover — or moving at all a few years later. After all, success rates in the world of entrepreneurship are notoriously low, as low as 10% in the tech world. And funding is no guarantee of success. CB Insights, a US-based venture capital database, reckons that companies typically die around 20 months after their last round of funding and after having raised $1.3 million.

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Business Ideas, Innovation, Social Entrepreneurship

This Indian start-up could disrupt health care with its powerful and affordable diagnostic machine

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Kahol and his Indian engineering team built a prototype of a device called the Swasthya Slate (which translates to “Health Tablet”) in less than three months, for a cost of $11,000. This used an off-the-shelf Android tablet and incorporated a four-lead ECG, medical thermometer, water-quality meter, and heart-rate monitor. They then enhanced this with a 12-lead ECG and sensors for blood pressure, blood sugar, heart rate, blood haemoglobin, and urine protein and glucose. In June 2012, they sent this device to 80 medical labs for testing, which reported that it was as accurate as the medical equipment they used — but more suitable for use in remote and rural areas, because it was built for the rugged conditions there.

The Swasthya Slate is portable, affordable and offers a wide variety of tests. (Swasthya)

By January 2013, Kahol’s team had incorporated 33 diagnostic tests, including for HIV, syphilis, pulse oximetry, and troponin (relating to heart attack) into the Swasthya Slate and reduced its cost to $800 per unit. They also built a variety of artificial-intelligence–based apps for frontline health workers and started testing these in different parts of India.

In March 2014, the Indian government started a pilot of 4,250 Swasthya Slates in six districts of the northern state of Jammu and Kashmir, which has a population of 2.5 million. Antenatal testing, which often took 14 days because mothers had to go from clinic to clinic for different diagnostic tests, was done in 45 minutes in a single clinic. The proportion of the time that frontline health workers spent on administrative paperwork, recording data from tests and filling out forms, was reduced from 54 percent to 8 percent of their work day. Hundreds of thousands of people gained access to medical care that had been unavailable to them.

…………..Vivek Wadhwa

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Business Ideas, Mentoring, Motivations

TiE Launches ‘Billion Dollar Babies’ Project for Startups

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The Indus Entrepreneurs’ Hyderabad chapter launched Dec. 18 its Billion Dollar Babies project for startups.

An initiative of TiE’s Silicon Valley chapter, the B$B project will select a few startups from India which have a potential to become a $1 billion company. The program aims to help select Indian product startups reach $1 billion in global enterprise value through this ambitious initiative that promises to leverage the reach and resources of TiE Silicon Valley, said a statement.

With its first class next month, the program will bring selected startups to Silicon Valley. It will help entrepreneurs go global, connect with mentors, potential customers and venture capitalists.

The companies will be able to participate in the TiE CIO Forum and other educational events, and receive help with legal, accounting, HR/benefits, hiring, marketing, and other company-building tasks. The project was unveiled by Venktesh Shukla, president of TiE Silicon Valley. “The program represents a unique opportunity for young Indian companies aspiring to break through into a competitive global market,” the Indian American entrepreneur said.

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Business Ideas, Innovation, Social Entrepreneurship

From Waste to Watts

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From Waste to Watts: The Innovative Way One City Converts Trash Into Energy

Energy & Water

Turns out, yard trimmings and sewer sludge can be used to power electricity plants.

By Paige Brettingen

Covington plant

Even for the most environmentally conscious residents, it’s not always easy—or possible—to recycle everything. From dead tree limbs to busted tires, most people have had to occasionally resort to using the garbage bin. But in Covington, Tenn., hard-to-recycle items are bypassing the landfill and being converted into electricity.

Though Covington has a population of just over 9,000, its biomass waste—which includes tree trimmings and sewer sludge—was adding up enough for David Gordon, who was mayor at the time, to start worrying about storage space. Also, the massive amount of waste required vehicles to transport it, putting an extra strain on the city budget.

While brainstorming solutions, Gordon learned that Covington’s 360 tons of monthly biomass waste could be repurposed thanks to a waste-to-fuel gasification system developed by Nashville-based PHG Energy.

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Business Ideas, Business Plans, Calendar, Innovation, Marketing, Mentoring, News, Startups, Technology

Eureka 2014 – International Business Plan Comptetition

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Eureka! – An International Business Plan Competition

Aimed at encouraging people all around the world to unleash their inventive potential and flesh out ideas spanning multiple dimensions, Eureka! is Asia’s largest B-Plan competition as acknowledged independently by CNN and Thomson Reuters.

Designed to emulate the process of the growth of an idea towards a full-fledged startup. Eureka! prides itself on providing a 360 degree, holistic experience in the 5 month period that it spans. Right from acknowledging that your idea has potential, to writing a B-Plan, and pitching in front of an investor- this platform has it all !

Over the 15 years of its existence, Eureka has grown from a competition in which 50 teams competed for INR 50,000 , to a competition which sees over 6000 entries competing for prizes worth INR 4.5 Million with excellent networking opportunities in India and the Silicon Valley !

Eureka! now serves not only as a launch pad for budding ideas, but now has moved to be recognised as a platform for intensive learning of the entrepreneurial ecosystem by interactions and mentorship from the leaders of this field.

With the vision of promoting both business and social innovations, we follow two tracks:

  • Eureka! Business
  • Eureka! Social

Eureka! Business

The trademark of Eureka!, the business track of Eureka! is aimed at helping ideas develop into businesses that have the potential to revolutionize the world.

Eureka! Social

Now into its 4th successful year, Eureka! Social aims at helping build innovative enterprises and technology to aid the strata at the bottom of the pyramid and/or build a greener tomorrow. With associations like NSEF, Ashoka and Villgro, Eureka! Social runs as a parallel side track to Eureka! Business.

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Business Ideas, Business Plans

How did an english teacher set up a Rs. 90000000000000 company

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…………………………….. Alibaba, an e commerce company founded by jack ma, an English teacher has filed for an ipo on the New York stock exchange for raising a staggering $15 billion dollars (900000000000 rs) by diluting a mere 10 % , therefore valuing the post issue company @150 billion dollars (90000000000000). The journey of alibaba is nothing but a fairy tale, and that’s why I thought it expedient to share. …………………………

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Business Ideas, People / Stories, Uncategorized

Change your typeface, save millions

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CNN) — An e. You can write it with one fluid swoop of a pen or one tap of the keyboard. The most commonly used letter in the English dictionary. Simple, right?

Now imagine it printed out millions of times on thousands of forms and documents. Then think of how much ink would be needed.

OK, so that may have been a first for you, but it came naturally to 14-year-old Suvir Mirchandani when he was trying to think of ways to cut waste and save money at his Pittsburgh-area middle school.

It all started as a science fair project. As a neophyte sixth-grader at Dorseyville Middle School, Suvir noticed he was getting a lot more handouts than he did in elementary school.

Click to read on and find out which Font is most economical to print.

Business Ideas, Innovation, Social Entrepreneurship

Eco Friendly Loos

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Watch Lulu and lovable loo video in this link provided:-

http://humanurehandbook.com/

It is high time we in India too adopted this more eco friendly nature’s way of converting human manure to composite manure for farming.

Watch more on composite toilets here in this link provided:-

 http://www.compostingtoilet.org/

About eco sanitation toilets here adopted by many Americans in their farms:-

http://www.sancor.ca/

But all this is not possible when living in urban cities where we are engaged in 9 to 5 jobs but can be adopted at least in villages or in farms.

Courtesy : Firdosh Sukhia