As the global economy plunges to an all-time low and businesses fall into a downward spiral, COVID-19 is encouraging change at a faster pace than ever before. It is a crucial time for entrepreneurs to tap into their creative space to seek opportunities and solutions to their projects. The lockdown provides valuable time for planning... Continue Reading →
Startups Infiltrating Tier 2 and Tier 3 cities in India
As per the Economic Survey of 2018-19, of the over 16,500 recognised start-ups (as of March 1, 2019), nearly half were from tier-2 and tier-3 cities. Tier II cities like Ahmedabad, Chandigarh, Dehradun, Pondicherry, Pune etc. have a population of around one million, whereas minor cities with population less than one million like Madurai, Baroda,... Continue Reading →
Prioritise or Capsize: Guiding Future Science and Research
Over the past few decades, humans have reaped innumerable benefits of drastic technological advancements. Every few generations, emerging technologies converge and the world witnesses a metamorphosis. From scaling the surface of mars, to off-roading in driverless cars, science and technology have transformed the modern world. Yet, one virus brings the entire humanity to a complete... Continue Reading →
Emergence of Legal Startups
INTRODUCTION India has seen many start-ups, which aided in the growth of the economy. In every sector like retail, hotel industry, medicine, education, transportation etc., startups emerged like a boom. The primary start-ups are Flipkart, Oyo Rooms, Chaayos, Ola Cabs, Paytm, Redbus, Zomato, Zivame, Justdial, Pepperfry, LimeRoad, Quikr, Cardekho, Practo, Urban Ladder, Policybazaar, Grofers, Shopclues,... Continue Reading →
Is Quarantine bringing the Entrepreneurs together?
India’s startups and entrepreneurs have always proved that they are capable and have immense capacity to come together to solve real problems. At a time when the world is struggling so hard to fight against this deadly virus, some of India's brightest entrepreneurs have come together to fight its spread through unique ideas and solutions... Continue Reading →
Indian Public EdTech Infrastructure
Technology can be a significant enabler for achieving quality education with the attendant objectives of access, quality and equity. For this to happen, substantial investment will need to be made across the spectrum of education, including investment in infrastructure and maintenance, teachers' education, and content and curriculum, all of which is included in the ‘India... Continue Reading →
The Deal between Jio & Facebook explained
INTRODUCTION From earlier days,virtue was attached to businesses that were perpetually in the red; conversely it was sinful for businesses to be in the black. Even today, attitudes, both in government and among the people, haven’t changed. Young inspirational India is comfortable with the idea of industry making profits, generating jobs and creating wealth. Government... Continue Reading →
The Truth Behind Advertising
The Digital age is perceived to have truly been a boon for advertising. Increased access to technology has worked wonders for producers and consumers. All producers have new arenas to showcase their advertisements, which consumers can gain easy access to. The increased visibility has changed the way advertisements are made. This is the age of... Continue Reading →
What the Surge in Online Streaming Means for Cinema?
It has long been said that the cinema is not simply a place, it is an entire experience. In India, with one of the world’s biggest audiences and their mutual love for the ‘cinematic experience’, it is especially beloved. It has assimilated itself into the Indian culture and has even become tradition for many. But... Continue Reading →
Will There be a Change in Work Culture Post-Lockdown?
Businesses have suffered as a result of the lockdown imposed in countries all over the world. While the sole purpose of work may be to earn money, there is an undeniable feeling of ‘community’ and ‘togetherness’ generated in a workplace. The global pandemic has drastically changed the ‘office experience,’ by forcing millions of people to... Continue Reading →
Is Social Entrepreneurship A Businessman’s Responsibility?
Entrepreneurship has taken a turn in the past decades. Globalization has allowed businesses to grow to massive scales and has even allowed some to conquer the world market. The initial stage of modern-era entrepreneurship was ‘business entrepreneurship’ where the entire world focused on meeting growing demands by optimizing the production process to maximise total output.... Continue Reading →
EdTech: The New Buzzword
It's the first day of school. There are three new students who are sitting on a bench in their classroom. They are excited to start their journey at a well-respected establishment. Each of them is eager to do well academically so that they can get good jobs later and lead a better lifestyle than the... Continue Reading →
From Monopolies to Business Ecosystems: Changes in the Entrepreneurial Sphere
It is shocking to look back, just three decades ago, and see how far the global village has come. The World Wide Web came into existence in 1990, the first text message was sent in 1992, Amazon was founded in 1994, and Google in 1998. These technological advancements threw a curve-ball at existing world markets... Continue Reading →
Disruptive Innovation
In this fast-changing and fast-paced world we live in, new technology and ideas seem to emerge everyday. Many fizzle out as quickly as they come up, some sustain and gain prominence, and some innovations not only overthrow incumbents but revolutionize the existing market. These are called ‘Disruptive Innovations.’ This term was coined by Clayton Christensen... Continue Reading →
Bitcoin – A Simple Guide
While money has become easier to handle over time, the party that handles it has remained the same. The bank or the internet/mobile banking application acts as a middleman and keeps track of your money for you. This process of outsourcing is expensive and the cost of it is borne by the users. This ‘cost’... Continue Reading →
‘SOCIAL’ization of Business
With almost 3 billion active users, it would be foolish to say that social media has not impacted our lives. Its influence has become so vast that people who are popular on social media are known as ‘influencers’. It has seeped through the cracks to invade almost every aspect of our lives. It is one... Continue Reading →
Why We Need More Entrepreneurs?
Who doesn’t like good food? In fact, the word foodie - a person who really likes food - is a testament to this fact. Waiting for your food really tests your patience, without a doubt. When you’re in a restaurant, you keep eyeing the waiters holding plates full of food, coming your way, hoping it’s... Continue Reading →
The Great FDI Wall Of India: With China Sidelined, Where Will Indian Startups Turn To?
When the COVID-19 pandemic hit the world, it hit hard; it hit wherever it mattered the most. Economies have been free-falling and so the value of all types of organisations have plummeted. Taking advantage of this fact, China has been on a shopping spree. Organisations and funds, either based in China or backed by Chinese... Continue Reading →
MOOCs: Are They Creating Skilled Students Or Certificate Junkies?
Today, digital teaching methods have reached new heights. MOOCs (Massive Open Online Courses) have become immensely popular in the last decade. Platforms like Coursera, edX and Udemy have monetised MOOCs and provide certificates that you can show off through your resume or LinkedIn account. Read that last sentence again. The keyword there is ‘show off’.... Continue Reading →
Facebook & Jio: Marriage Made in Heaven?
On April 22 2020, Facebook announced it was investing 43,574 crores into Jio Platforms Limited and would now own a 9.9% stake in Jio Platforms. The deal started a discussion about the impact it will have on the Indian economy and what it means for both Facebook and Jio. In order to discern what is... Continue Reading →
How apps are reducing India’s food wastage problems in the supply chain
It has been rightly said that “Hunger makes a thief of any man” and what lies under the blanket is the big bad Food Wastage problem that is due to the gaps in Indian Agricultural Supply Chain. “Our country doesn’t suffer from hunger issues due to food scarcity, but largely due to inefficiencies in food... Continue Reading →
BIG DATA AND FINANCE
Big Data is basically the data which is so massive and huge in size, that it is very challenging for the current traditional tools to process it efficiently. This data may be structured (data that can be easily managed by databases and excel sheets) or unstructured (data which is unorganized and does not fall into... Continue Reading →
How will finance jobs change with AI and Machine Learning?
Each sector of finance will be affected differently Artificial intelligence and machine learning have been affecting human intervention in finance for a very long time, we’ve only begun noticing because AI/ML is at the peak of the hype cycle. Using a framework of how 1) data-driven 2) predictable 3) expensive a financial services job is,... Continue Reading →
How would you explain venture capital to a 10-year-old?
Let’s say you’ve just started running a lemonade stand. You’ve been living in an area where you know a lot of kids your age, and a lot of them said that they like lemonade. You decide that you would make the lemonade, and learnt how to from your mother. You get lemons, water, sugar, and... Continue Reading →
The Economics of Artificial Intelligence
AI, the term which is excessively being used these days often brings a lot of confusion to many people, “what exactly is AI?, How is it going to impact our lives, is it something which we cannot understand?, etc.” In this article, I’d explain how AI can have a great impact on industries all over... Continue Reading →
Retail Earnings: The Best Of Times And The Worst Of Times
This is a big earnings period for retailers. As the reports roll in, it’s increasingly clear that it’s both the best of times and the worst of times for retail. While performance overall is, on average, much better than a year ago, what continues to come into sharper relief are three inescapable conclusions. First, as... Continue Reading →
The Power of same-day deliveries shipped directly from existing store networks
E-commerce business is booming and it shows no signs of slowing down. For Retailers who operate both online and physical stores, e-commerce optimisation can be overwhelming at times, and with so many strategies and tactics to choose from, it can hard to know which ones to act upon. Many retailers today are looking for services... Continue Reading →
Game Theory & Business Operations
Game theory has been one of those disciplines that have reached phenomenal status because it has introduced concepts and methodologies that are deemed by many to be “game-changers” (no pun intended). When used in the context of business, Game Theory is most often used by business managers to figure out what their collaborators and competitors... Continue Reading →
LEAN STARTUP METHOD
The Lean Startup provides a scientific approach to creating and managing startups and get a desired product to customers' hands faster. This method gives you the knowledge on how to drive your startup, how to make changes and alterations in the business strategy when required and grow the business with maximum acceleration. It is a... Continue Reading →
How Emerging Technologies Can Improve In-Store Shopping Experience for your Customers
"You better start swimming, or you’ll sink like a stone, for the times they are changing” James “JC” Curleigh, President, Levis’ There is a classic belief that the online shopping market has grown leaps and bounds and is leading to the death of physical stores. The fact is that it is not the reality. Even though... Continue Reading →