|In: e-commerce|Last Updated: | 0 Comments

Singapore based company, Anchanto, an e-commerce logistics and selling platform has launched its flagship SaaS application SelluSeller in India. SelluSeller offers eCommerce sellers a one-stop solution to manage thousands of products, inventory, promotions, kits, invoicing & orders on various local and cross-border online marketplaces. SelluSeller has already integrated major online marketplaces like Amazon, ebay, Flipkart, Snapdeal and ShopClues in India, while already covering most of the marketplaces in South East Asia.

SelluSeller, Anchanto’s innovative SaaS offering, takes into account all pain points of modern online sellers and offers a simple yet effective solution to all of them. On the SelluSeller platform, sellers can manage prices and promotions as well as maintain a single common inventory. Sellers also get access to a multi-channel order management system and analytics that gives them a visibility of the product’s shipment status and the associated payment and accounting services. This SaaS application aggregates all local and cross-border marketplaces where sellers sell their products under one roof and easily navigates the complexity of online business.

Vaibhav Dabhade, Co-founder & CEO, Anchanto said

We realized an opportunity for us to provide a solution for the sellers to seamlessly list products and manage inventory across all channels with the ease of one single platform. With SelluSeller, sellers can now look forward to saving time, money, effort, manpower, and warehousing space and investment in their e-commerce business and taking it to hitherto unattained heights.

We are aiming to sign-up with more than 1000 merchants in India& Singapore in next three months. We are also planning to launch this application for Malaysian market soon.

At present, company boasts of helping customers integrate seamlessly onto multiple marketplaces such as Qoo10, Lazada, Zalora, Snapdeal, Flipkart, Shopclues, Amazon, and eBay to push inventory, digital contents, promotions and receive customer orders, all in real time. House of Frasers, Levis, Asos.com, L’Oréal and 3M are some of their key Channel Management customers.

Anchanto has grown rapidly in the last year and has expanded operations from Singapore to Japan, Indonesia, Malaysia, Philippines, India, and Vietnam. Anchanto has handled shipments, fulfilment, marketing promotions for leading brands like 3M, ASOS and House of Frasers. Its platform is integrated with leading online marketplaces in Asia such as Amazon, Zalora, Lazada, Qoo10, and last-mile delivery providers such as POSLogistic, NinjaVan and Zyllem.

About Anchanto

Anchanto is an e-commerce ecosystem, enabling and connecting all key players across the globe. Anchanto SaaS Technology and integration with ecosystem players makes online selling and e-commerce logistics simple for everyone. It was founded by Vaibhav Dabhade in June 2011 in Singapore with the vision ‘to give customers an enchanting experience’ through software platform and associated services.

With integrated technology and infrastructure in place, Anchanto delivers exceptional service, world-class fulfilment solutions, and partnerships that drive value and revenue for clients across all markets in Asia. In 2016, the company deployed e-commerce warehouse management system with huge logistic players in 9 countries in Asia. For more information, please visit Anchanto

|In: Fintech|Last Updated: | 0 Comments

MoneyTap, India’s first App-Based Credit Line, has been awarded as the leading FinTech company, in the lending category, at PICUP Fintech 2017. PICUP Fintech is an event by FICCI to recognize the best innovations from Fintech companies in diverse areas like Wealthtech, Lending, Payments, Artificial Intelligence and Robotics. The event witnessed diverse groups of FinTech players, leading bankers, technology experts and policy makers. The event was organized by a joint effort of NASSCOM, FICCI, IBA and BCG in Mumbai.

Six companies from each category were shortlisted after applying for a product demonstration. MoneyTap, Faircent, Cropin SmartRisk, GraduFund, FlexiLoans, FinTechLabs were the six shortlisted companies in the Lending category. These companies presented their latest innovations and overall business to the audience and industry jury members comprising of Sunny KP-General Manager, Federal Bank, Jayant Kshirsagar-Director (Marketing), SAP and Ashish Garg-Partner, BCG. MoneyTap was the top company to be selected by the jury members’ basis the presentation and product demo.

Kunal Varma, Co-founder, MoneyTap said

We feel honored to be recognised as the leading FinTech company at PICUP Fintech 2017. It gives us immense pleasure to be recognised by the top officials of the industry. This recognition gives a boost to our motto of providing a convenient credit line to the middle income group of our country and making the availability of money easier and faster.

MoneyTap introduced the concept of a Credit Line [personal line of credit for consumers] for the first time in India when it launched in September 2016. The ‘Credit Line’ means that the bank will issue a limit of up to INR 5 lakhs, without any collateral or charging any interest. Against this limit, using the MoneyTap app, consumers can borrow as little as Rs. 3000 or as much as Rs. 5 lakhs and repay it as EMIs from 2 months to 3 years.

The MoneyTap app is available on Android Playstore to all salaried employees, living in Ahmedabad, Vadodara, Delhi NCR, Mumbai, Bengaluru, Pune, Hyderabad and Chennai. The company is continuously expanding across India.

About MoneyTap

MoneyTap is a Bangalore-based fintech startup, founded by serial entrepreneurs Bala Parthasarathy, Anuj Kacker & Kunal Varma, who are IIT/ISB alumni. Bala has co-founded multiple startups in Silicon Valley including Snapfish [sold to Hewlett Packard], which he helped grow to 100M users and USD 300M in revenue. MoneyTap works in very close partnerships with various banks and other financial institutions to make the process painless and on-app. For more details, please visit MoneyTap

|In: Technology|Last Updated: | 0 Comments

What is one thing that makes India very different from any other country in the world? The answer is Cultural Diversity and each & every region i.e. North, South, East or West have their own diverse cultures. Another aspect that makes India very unique is ‘Festivals’. There are festivals for every season, for every belief and every festival is celebrated with zeal and pomp.

Source – Twitter

Talking about important dates in the history of India, the two most important dates etched in the minds of every Indian are Independence Day [15th August] and Republic Day [26th January]. Brands launch important Marketing campaigns as well as Noble initiatives either on Independence Day or Republic Day. One such initiative – #KarSalaam was launched by smartphone manufacturer LG on the eve of Republic Day.

Through the #KarSalaam initiative, LG wanted to tap into the patriotic fervor and establish itself as a brand that cared for Indian sentiments. For this initiative, LG invited all Indians to share their love & affection for the most important pillar of India – The Indian Armed Forces. It is because of the hard-work and dedication of the Armed Forces that each one of us is able to enjoy sound sleep in the comfort of our homes !!

The #KarSalaam initiative was launched on mass-media platforms like TV, Radio, Print, etc. as well as on social media. Along with these avenues, LG invited all Indians to express their love for the brave soldiers through KarSalaam website. LG also invited families of Indian soldiers to leave their messages for fellow Indians on the site. #KarSalaam cause was loved and very well received by the social media addicts [Source]. It also included a donation of Rs. 1 crore towards the CPRF Welfare Fund that is dedicated to the welfare of the Indian soldiers.

The campaign not only received a blockbuster response on all the platforms but it also created a Guinness World Record 🙂 LG managed to break the Guinness Record for the ‘Longest Line of Sticky Notes’ category where it received more than 1,14,741 hand-written messages from Indians wishing the Indian Armed Forces.

Speaking about the record, Swapnil Dangarikar, Adjudicator Guinness World Records said

We are happy to announce the entry of LG Electronics India Ltd. as a record breaker for ‘Longest Line of Sticky Notes’ messages from the Indian citizens. It is an honor for us to be a medium through which we can partner in wishing the Armed Forces for their immense contribution in ensuring the safety of the citizens. This initiative of LG Electronics India is unique and we hope that they take up many similar initiatives in the near future.

Mr. Kim Ki Wan, Managing Director, LG Electronics India said

A million thanks to the people of India for showing their gratitude towards the Indian soldiers. The initiative has been a massive success that can be validated by the overwhelming response that we have received from the people in the form of messages for the soldiers. It is also a very proud moment for us at LG and immensely gratifying to break the Guinness Book of World Records by getting more than 114,741 wishes [Source]

The #KarSalaam initiative is a testimony that amazing results can be achieved if a story is told in a manner that touches the hearts of a billion Indians!!

|In: Fintech|Last Updated: | 0 Comments

Setting the stage for Government of Andhra Pradesh’s ambitious initiative, #SpringConference 2017 was inaugurated at Novotel, Visakhapatnam today. Fintech Valley Vizag is Government of Andhra Pradesh’s flagship initiative that brings together industry, academia and investors to innovate, co-create & build the fintech ecosystem. The Fintech Spring Conference 2017 marks the beginning of this journey.

The primary objective of the event is to explore trends and opportunities in fintech. This is a platform where the finest minds of financial and startup community get to share mind-space with thought leaders, business leaders, artists, actors, musicians, futurists and entrepreneurs.

Offering full support to organisations, incubators, facilitators and start-ups, inviting anyone with disruptive ideas to be a part of Fintech Valley, on the edge of innovation, Chief Minister of Andhra Pradesh, Nara Chandrababu Naidu interacted with delegates for an hour over video conference and took inputs from fintech community present at the Spring Conference.

He will chair The Fintech Valley Forum setup to focus on various aspects of the ecosystem creation. While addressing the gathering he said

The Fintech Valley Spring Conference is our step in joining the Fourth Industrial Revolution which is a spectacular combination of technology and Internet of Things [IoT]. In recent times, technology has started influencing our lives in a comprehensive manner. The demand for Fintech is growing each day. To meet this demand, we would need the support from Fintech and Cyber security companies. We also need the academic institutions to adapt curriculum that trains individuals to contribute to fintech sector. I extend my best wishes for the success of the initiative and hope it provides multiple opportunities to meet the futuristic requirements of our country and the global economy at large.

In his keynote address, Special Chief Secretary and IT Advisor to the AP Chief Minister, J. A. Chowdary stated

Indian IT 1.0 is facing difficulties. The next flight towards IT 2.0 will be backed by fintech. The tectonic shifts this will cause and entail is captured by the expression ‘fintectonics’. It is a fintech culture we are creating here-a culture of doing something for the betterment of the common man, a culture of creating an ecosystem by getting the right industry linkages and finding the right formula for the critical manpower.

Present on the dais were Roy Teo, Director, Fintech & Innovation Group, Monetary Authority of Singapore [MAS]; Utkarsh Palnitkar, Partner KPMG; George Inasu-COO, Fidelity Financial Services; Puneet Pushkarna, Chairman, TIE-Singapore & Joe Seunghyun Cho, Co-founder and Chairman, Marvelstone Group.

Keynote speakers at the conference

To accelerate the evolution of Fintech Valley, the Government of Andhra Pradesh [GoAP] has also initiated a fintech networking event every month, in addition to the annual fintech international flagship event. This year, on October 9-10, the government will host the Blockchain Technology International Event. The flagship Global Fintech Summit will take place on Feb 19th & 20th, 2018. This event provides the opportunity to participate in the $1 million global fintech award challenge and the INR 1 crore Indian fintech award challenge.

An invigorating Investment Panel Discussion on ‘Funding Fintech – wearing an investor’s hat‘ was moderated by P. S. Sreekanth, Investment Director, Hyderabad Angels; Sampath Iyengar, Partner, Forum Synergies; Abhinav Chaturvedi, Principal, Accel Partners; Prasad Vanga, Founder & CEO, Anthill Ventures; Utkarsh Sinha, Enterprise Technology Investor, Bitkemy Ventures; Puneet Pushkarna, Chairman, TiE-Singapore & Utkarsh Palnitkar, Partner and National Head IGS Advisory Management, KPMG. Beginning the discussion with the post demonetization scenario, the panelists sustained their dynamic dialogue in identifying fintech investment portfolios with high RoIs.

Additionally, the finalists’ demos and presentations for the ICICI Bank Start-Up Challenge & the HDFC Life Start-Up Challenge were showcased to the audience, wherein the competitors took questions from the judging panelists. Following this, another Banking Panel Discussion on Consumers and Marketplaces changing in an increasingly cashless world was moderated by Neha Punater, Partner and Head Fintech, KPMG. Key panelists Akhil Handa, Advisor to MD&CEO, Bank of Baroda; Shashi Bhushan, Managing Director, Investment Management Technology, Goldman Sachs India; Ramesh Loganathan, Professor, IIIT Hyderabad and Sudin Baraokar, Head of Innovation SBI discussed challenges faced by start-ups in being unable to identify and direct resources towards the accurate fintech problem area. They also proposed the need to create a consolidated industry-wide ‘use case’ library to facilitate innovation.

Furthering collaboration towards developing this ecosystem, the Government also signed a partnership agreement with Lattice80, Pearson, Anthill Ventures, HackerEarth, F6S, Forum Synergies, Hyderabad Angels, Zone Startups, ParadigmIT and Trade Land Finance Tech Consortium [TLF].

The first Fintech Valley Vizag Spring Conference brought together fintech companies, start-ups, researchers and key government officials working in the fintech sector and provided opportunities for disruptive business solutions.

The peaceful atmosphere offered by Visakhapatnam compared to other bustling tech-hubs in India, created a serene environment for igniting fintech innovation and disruption ideas at the Fintech Valley Spring Conference. Fintech Valley Vizag is rapidly becoming the epicenter of fintech disruption. Since the launch of Fintech Tower, the Andhra Pradesh government has signed numerous partnership agreements with renowned educational institutions, corporations and governments that share the state’s vision of becoming pioneers for building strong standards for fintech and mutually sharing the desire in working towards cooperative advancement through information and resource sharing.

About Fintech Valley Vizag

The Fintech Valley brings together public and private players, state of the art incubators and accelerators, innovation labs, mentorships, angel investors and anyone willing to break free from traditional processes. The self-sustained global Fintech Ecosystem provides more than just access to Fintech and its innovators; it nurtures an oasis in which cyber security, block chain, digital education and research thrive at international standards. For more information, please visit Fintech Valley Vizag

About Spring Conference 2017

Fintech Valley Vizag is Government of Andhra Pradesh’s flagship initiative that brings together industry, academia and investors to innovate, co-create and build the Fintech ecosystem. The Fintech Spring Conference 2017 marks the beginning of this new journey. Spring conference will have CXOs from Fintech companies, start-ups & financial services. For more information, please visit Spring Conference 2017

|In: Mobile|Last Updated: | 0 Comments

Truecaller for Developers, for the first time launched its Build for Mobile tour in India with Bengaluru as the first destination. The mobile-community focused India tour is set to inspire developers, influencers and the Indian start-up community to come together in key cities across the country and foster innovation, collaboration on the Truecaller platform.

This first edition of this tour witnessed near 200 participants [developers and product people] in a single day and proved to be a rich knowledge sharing platform for the mobile tech community in The Silicon Valley of India. The event saw an exciting line of speakers from the local mobile start-up ecosystem and Truecaller team, sharing insights and real life experiences from their journey of product building on the mobile platform.

Priyam Bose, Director of Global Developer Relations at Truecaller said

Innovation and collaboration has been core to Truecaller and we are excited to bring this first ever ‘Build for Mobile’ tour to India that focuses on cross pollination, and to inspire knowledge exchange amongst the local developers and startup community that aims to build sustainable products and businesses on mobile platform.  ‘Build for Mobile’ is part of our focus initiatives that also enables us to give back to the developer and startup community from where we belong.

During this India tour one will have an opportunity to benefit from Truecaller’s own learning’s on building world class and lovable mobile products with scale. In addition, developers and startups will have an opportunity to learn ways and means to best leverage Truecaller’s platform and tools which would further empower them in building their   products and businesses.

The event also witnessed an extremely interactive panel discussion deliberating on opportunities, challenges and real life experiences where each of the panelists shared hands-on insights basis their journey on building product for Mobile.

The panel with distinguished product practitioners was moderated by Vaideeswaran Sethuraman, Founder & CEO at Divum Labs and included Nikhil Jain, Director of Product at Zoomcar, Richa Sharma, Associate Director of Product at Myntra, Hari Palappetty, Product Lead at Mobile Apps at Bigbasket, Ishan Vaish, Director-Consumer and Growth Products at Freecharge and Krishna Mohan Gadi, Product Head-Consumer Applications at Housejoy

|In: Technology|Last Updated: | 0 Comments

ACT Fibernet, India’s largest non-telco ISP and third largest ISP announced upgraded internet plans for the residents of Bengaluru. The latest upgrades will allow customers access to high speed and uninterrupted internet services to meet entertainment, business & utility service requirements at no additional costs.

In a short span of 6 months, ACT Fibernet has more than doubled its Flagship ACT Storm plan from 30 Mbps/60 GB FUP to 75 Mbps and 125 GB FUP at no additional cost. Similarly, ACT Lightning has been upgraded by 175% from 100 GB FUP to 175 GB FUP and ACT Incredible from 150 GB FUP to 250 GB FUP, again at no extra costs.

The largest high speed internet service provider in Bengaluru, ACT Fibernet is known to be the pioneer of speed in the Indian broadband industry. Growing at an incredible rate, the company enjoys the trust of over 1.2 million registered customers across the country.

Speaking on the upgraded plans, Bala Malladi, CEO, Atria Convergence Technologies Pvt Ltd commented

At ACT Fibernet we believe in bringing the best experiences to our customers. Our new plans will open up new possibilities such as entertainment demands through 4k and HD movies /TV series downloads as well as in professional work especially in start-up capital of the country. In Line with our philosophy of empowering our customers-we are upgrading our plans to offer the best speeds and FUP limits at incredible value to our customers.

The below table captures the upgrades

|In: Fintech|Last Updated: | 0 Comments

Aeries Financial Technologies Pvt. Ltd, a fin-tech company promoted by serial entrepreneur and private equity investor V. Raman Kumar, have announced that CASHe, India’s fastest loan giving app for young salaried professionals is now disbursing loans well over 1 Crore per day in less than a year of operations. CASHe now processes an average of 450 loan applications per day for young salaried professionals. CASHe is now India’s leading and most preferred fin-tech company in the personal lending space.

Launched in April 2016, CASHe offers loans based on a combination of Big Data Analytics and proprietary Artificial Intelligence based algorithm, the Social Loan Quotient, which enables loan disbursal within 8 minutes.

V. Raman Kumar, Chairman, Aeries Financial Technologies Pvt. Ltd said

We have seen a fantastic response to our loan products with a month-on-month 45% growth in customer base and 60% growth in disbursal value in the past few months. Our loan disbursements now stand at 1 crore per day and we have achieved a significant milestone of processing over 450 loan applications on a daily average – all this within a year of setting up our operations. We are now well set to disburse loans worth 30 crores for March 2017.

CASHe has embarked on a tremendous growth trajectory to achieve a loan disbursement value of Rs 100 crore for the month of December 2017. We have leveraged innovative technology along with our proprietary Artificial Intelligence based algorithm platform, the Social Loan Quotient, to make loan disbursal hassle free for our customers, leading to over 70 percent of them returning for fresh loans.

CASHe provides hassle-free loans with app enabled documentation & loan disbursal/repayment process. Powered by its industry-first algorithm driven credit scoring platform, The Social Loan Quotient [SLQ], CASHe quickly determines a user’s credit worthiness by using multiple unique data points to arrive at a distinct credit profile of the customer.

SLQ is transforming the traditional credit rating measurements thereby providing immediate loans to the under-served young professionals who are kept out by traditional credit rating and banking systems. CASHe is completely automated and requires no personal intervention and no physical documentation. The average time taken for a loan to be disbursed is about 8 minutes, subject to proper submission of all documents.

About CASHe

CASHe, a fin-tech product of TSLC PTE. LTD., promoted by Aeries Financial Technologies is as unique as the young professionals it serves. In a smart digital world, CASHe offers millennials quick and easy personal loans through processes that are transparent, innovative and tuned to the times. CASHe utilises sophisticated algorithms and machine learning capabilities to deliver an amazing and improved lending experience to our customers, thereby helping young professionals achieve their financial goals effortlessly. CASHe app is available on Google Play and iOS app store

|In: Interviews|Last Updated: | 0 Comments

If there is one Bollywood movie that gave serious travel to it’s audience, it has to be Zindagi Na Milegi Dobara where three friends travel to Spain for a bachelor trip and as expected the trip turns out to be fruitful for all of them 🙂 For Nishchal Dua, an avid traveller and entrepreneur, that ZNMD moment struck in the year 2016 when he travelled across India & three other countries.

That ZNMD moment made him thinking as to ‘Why be bound to one location even though you have the freedom to travel & move around‘ This is the thought that gave birth to The Remote Life which is on a mission to get more & more people out of their cubicles and into the real world as the team behind the idea rightly believe Work should not come in the way of travel.

The Remote Life was brought into implementation in December 2016 with the simple mantra ‘Travel the world, work remotely and meet awesome people‘. Today we have a chat with Nishchal Dua, Founder & CEO of The Remote Life where we discuss about his entrepreneurial journey, how travel can benefit entrepreneurs/freelancers, etc., nuances of the program, marketing, etc.

So let’s get started with the Q&A…

How did you come up with the idea of The Remote Life ?

I spent the greater part of 2016 travelling across India and to 3 other countries. During this time, I met a lot of people, shared stories and experiences and realized how travel is that one thing that almost everyone wishes for but are not able to do it. And the constraints are not financial but societal. It was during my trek to the Mt. Everest Base Camp when Remote Life started taking shape during discussions with Nitin, Luke, Emma and Chinmoy.

Can you share some details about the team behind The Remote Life

I am a serial entrepreneur and I have travelled extensively. My first company was incubated at IIM-Ahmedabad but soon went sideways and had to be shut down after multiple pivots. From those learnings I started Amicus Shopping Assistant and it was acquired in early 2016. I have worked with MakeMyTrip and Amadeus-both are leading travel companies.

What is the target audience for The Remote Life and some of the countries that are listed as a part of the program ?

The people most keen on joining The Remote Life are entrepreneurs and freelancers who have a stable income as well as the independence to work remotely.

The itinerary currently includes Indonesia, Cambodia & Thailand. We would be expanding to other regions very soon.

Can you walk us through the financials of the program and how it can help entrepreneurs ?

It is possible to join the program for as little as $1100/month and that covers one month of accommodation, office space, food & experiences. We also include visa, insurance, local sim card & airport pickup & drop.

For entrepreneurs specially we have dedicated workshops on Digital Marketing, basics of technology, how to get PR, personal branding and mentorship. Additionally we also have meetups with local entrepreneurs and those across the globe to widen the network and allow ideas to flow.

Any particular reason, there is no mention of Investors [who can join entrepreneurs for The Remote Life] as it might also resulting in funding the entrepreneur’s idea ?

We are open to the idea but not promoting it actively. A constant feedback from the investor community is that it is not very easy for them to work remotely for a month and they would love to join for a couple of days and interact with the entrepreneurs. Also, ‘getting funded’ should not be an entrepreneurs goal.

Can you share some numbers, as to how many entrepreneurs/freelancers/targeted audience have signed up for the program ?

We have received nearly 1200+ sign ups on our website and shortlisted 220 applicants. These 220 applicants will be called by our team to discuss their plans and post that we will finalize the participants.

How much has your experience in Amicus resulted in shaping up the idea of The Remote Life ?

Everything we do leads up to what and how we approach a problem in future. Yes, my experience with Amicus helped a lot in how I think, plan and execute. The mistakes I make now are very different from the ones I have already made with Amicus.

Off late, a lot of startups are moving away from Tier-1 cities like Bangalore, Mumbai, etc. to places that are not predominantly IT driven? Won’t this affect scaling,hiring,etc. w.r.t the startup

The problem with most first time entrepreneurs is how they have only read success stories and interviews and make business decisions based on that. You don’t need to scale or hire unless you have a clear value proposition and business model. Most of the startups can easily be built by 3~4 people in a room with multiple skills between them. I don’t see the point in spending 3~4 hours a day in Bangalore’s traffic and pollution when there’s very little to be gained from it.

Can you name some of the competitors of The Remote Life ?

HackersParadise is doing great. They have built a community of software developers that travel the world and work on cool projects remotely.

How do you ensure to keep the costs of The Remote Life in-tact (without compromising on the experience] ?

I have travelled extensively and built friendships on the way. It’s because of this that I have partners across multiple countries with whom we have exclusive tie ups to ensure the program remains economical. In fact, we are almost 40% more economical than HackersParadise.

What is the funding status of The Remote Life ?

It is entirely self funded. We are not actively looking for investors but love feedback 🙂

2016 was a tough year for startups [especially from funding point of view], how according to you should entrepreneurs deal with such adverse situations ?

I believe it was a really good year. Lots of startups shut down and many more struggled to raise funds forcing them to focus instead on trivial issues like customer acquisition and restructuring the business model.

Can you share some tips for building an effective team for startups [especially the initial core team] ?

Don’t build it. If you go out to hire people for your core team then you’re doing something wrong. Just look at your speed dial or Whatsapp for the people who are closest to you and can be trusted with life. Those are you co-founders. Core team should be about trust and not skill. For skills, you can always hire people.

How important is it for early stage startups to pivot their business model or when is the right time to pivot ?

There is no right answer for this. Startups work because they pivoted, fail because they pivoted and it is only in retrospect that you know what the right time to pivot was.

Your earlier startup was acquired, can you share some tips that can help entrepreneurs who are looking for getting acquired/acqui-hired ?

Focus on one thing. Just one. Is it your user base, your revenue, technology or team? Pick one, make sure you kick ass in that segment and approach the right people with that pitch. But remember your one clear value proposition.

We thank Nishchal for his time and sharing valuable insights for our readers! If you are a freelancer/entrepreneur/travel freak and have the itch to travel (as well as network), head on to Travel programs by The Remote Life If you have any questions for Nishchal Dua & his team about the program, entrepreneurship etc., email them to himanshu.sheth@gmail.com