All Posts in Entrepreneurship
[Interview] Serious flaws in various business models especially in eCommerce space that looks very attractive on papers : Rakesh Kapoor, Founder & CEO – Zamroo
As per a report released by Economic Times, the unused goods market is likely to cross Rs. 115,000 crores. As per Assocham, whether consumer goods like electronics, durables or automobiles – used cars, or the industrial machinery in the capital goods sector the options of re-usage are being considered more actively than ever before. Also, it was indicated that Stocking items is very prominent among Indian households [Source]. With the increased penetration of 4G, falling rates of smartphone [at least before GST goes live], increase in disposable income, etc. more & more Indians prefer the online medium for shopping. This is mainly due to the hefty discounts offered by online retailers, ease, convenience and experience associated with online shopping
Along with Tier-1 cities, e-commerce growth has also been observed in Tier-2 & Tier-3 cities mainly due to growing aspirations & limited access to brands. When it comes to used goods marketplace, the biggest testimony of the market was when Amazon forayed into the used-goods market [via Junglee] thereby allowing individuals to sell their used stuff on Amazon. Though there are couple of players in the used-goods marketplace, there is not a single marketplace for selling Industrial goods, Jewelry & gems, musical instruments, etc.
Currently sellers don’t get enough Ad displays despite paying for Premium ads due to very high volume in paid category as well. These are some of the lingering problems that Zamroo, a startup in the C2C segment aims to solve. Zamroo is to a one stop shop for buying and selling used products where practically anyone can trade anything, anytime, anywhere in India.
Today we have a chat with Rakesh Kapoor, Founder & CEO of Zamroo. So lets get started with the Q&A…
How did you come up with the idea of venturing into used goods marketplace ?
I came up with this idea while I was working in Australia, for example if you wish to change a car, or replace your existing furniture in Australia, it just takes less than 24 hours to sell yours and buy new one by using similar platform like Gumtree and it was unbelievable simple and straight forward. We had huge number of professionals which were on the move, for them buying new products was not making sense, hence they can buy everything which a typical household needs in fraction of the original cost and they resell it again when they are leaving. Another fact of C2C space is in the western world 60% of the population uses these platforms on the monthly basis, that shows the importance of these platforms.
That’s where we got the idea and felt that it is a necessity of having similar platform in India and we started working on the same and build Zamroo ground up taking into account Indian behavioral eco system. Indian C2C market is still at nascent stage as even today we have less than 4-5% of population using such systems due to limited number of platforms and the awareness of such platforms especially in Tier-2 & Tier-3 cities
Can you share some details about the team behind Zamroo ?
Zamroo team are a tight knit group of business leaders, techies with average experience of 20+ years globally.
How much is the overall market size of used goods marketplace ?
USD 75 billion as per KPMG report.
What are some of the items that can be sold on Zamroo ?
‘One can sell from needle to aeroplane on Zamroo’…thats you can find in our tagline “Everything Sells”. You can download the Zamroo app from Google Playstore or Apple store here and here
Zamroo is a very different name, can you let us know how did you come up with that name and what are some of the options that were considered in naming the startup.
Finalizing a name took us more than 2 months of extensive research as we wanted a name which is short, distinctive, easy to pronounce, easy to memorize & should be easily convertible into foreign languages. Lastly it should be capable of legal protection and registration.
On all these parameters set by us….Zamroo name fits perfectly.
Snapdeal acquired used goods marketplace Shopo couple of years back, but the idea did not take off. What according to you are some of the USP’s of Zamroo from other such sites like Ebay, Greendust, OLX, etc.
There are couple of unique buying and selling patterns of Indians, for e.g. They want to sell 4 Lac rupees item [eg. Car, etc.] but do not want to spend 2 minutes in Ad listing which is very unique to Indian consumers. To address these concerns we have build our mobile apps uniquely i.e. They can Post Ad in just less than 30 seconds while we capture all the possible information from the seller which are likely help buyers to make a deal. Additionally we are working on few unique features for safe buying and selling and to build trust in Zamroo community.
What are some of the mediums i.e. WhatsApp, Twitter, etc. via where sellers can sell/post goods [for sale] on Zamroo ?
Currently sellers can post their listings via Web, iOS app and Android app….that too in less than 30 seconds however they can share their listings via Facebook, Twitter, Pinterest or Whatsapp in one single click.
Can you stress on some of the steps taken by the back-end team to ensure that high quality products are sold on Zamroo ?
Zamroo has built the automation system which ensures that unauthorized listings are not published, we have a quality control team which reviews these listings and based on its credentials either it is rejected or approved. All these listings are reviewed individually.
Who are the logistics partners of Zamroo and how do you ensure that the ROR [Rate Of Return] is kept to the minimum in order to maximize revenues ?
Zamroo is online marketplace for used goods, if buyer is interested they can connect with sellers directly over phone, email, SMS and decide the next course of action i.e. They can have the negotiations among them and Zamroo is not involved in that discussion. Zamroo does not charge any fees either from the buyers or the sellers.
Please walk us through funding of Zamroo [Self/Angel/VC] and are you looking out for external funding ?
Currently Zamroo is self funded by the promoters as we believe that India has huge market for such product, hence promoters not only infused the funds but also invested three years of their time to build the world class product.
As Zamroo is now expanding, we are seeking Series-A funding from Investors.
Many e-commerce companies are now pushing for omni-channel presence, does Zamroo also have plans to enter into offline as well [especially for big ticket items like Fridge, Washing Machine, Laptops, etc. or other items that require touch & feel] ?
Yes, Zamroo also has plan where sellers can leave their product and buyers can view that item in that shop/warehouse and if they liked the product they can buy the product then and their itself. With this approach sellers and buyers are safe and it will be hassle free for both the parties.
We would like to understand the customer [i.e. Age, Cities Tier-I,Tier-II, etc.] as well item demographics on Zamroo i.e. Which items sell the most on Zamroo and where does the major chunk of active customers come from on Zamroo.
Till recently our majority of the visitors were coming from Tier-1 cities however we are seeing increase in traffic by 30% from Tier-2 & Tier-3 cities since last 2-3 months as acceptance of digital platforms got the boost after demonetization. Most of the customers visiting Zamroo are less than 35 years old.
Does Zamroo also provide ‘Try & Buy’ facility for it’s customers especially items like clothing, shoes, etc.
No, Zamroo doesn’t offer any such service as most of the products sold on Zamroo are used products.
Is Zamroo a pure C2C [Peer-To-Peer] marketplace for used goods or you also stock fast-shipping items in the warehouse ?
Zamroo is pure C2C marketplace for used goods; we do not stock any item in the warehouse whatsoever.
There is growing competition in used-goods marketplace where there are vertical marketplaces like Droom [Automobiles], GreenDust [Electronics], GoZefo [Furniture], etc. and horizontal marketplaces like OLX, Quikr, Kraftly, etc. how does Zamroo ensure that it stays ahead of the growing competition in providing excellent service [goods] at competitive pricing ?
Zamroo platform is already ahead of the competition, we are continuously innovating new ideas and our team is working hard to ensure that we stay ahead of the curve in terms of technologies, customer service and innovation.
2017 so far has not been good for e-commerce with Snapdeal laying off employees, funds drying up, huge cash-burn; how according to you should entrepreneurs deal with such adverse situations.
There are serious flaws in various business models especially in eCommerce [B2C] space which looks very attractive on papers but actually they are not; typical examples are Flipkart, Snapdeal. More importantly we feel they have excess manpower, hence you are seeing those corrections at the moment.
Media to some extent has been responsible for rise of entrepreneurs, but they focus on valuations whereas there are many bootstrapped entrepreneurs who are not looked on, any tips on how media can do a better job of focusing on right stuff ?
Yes, we agree. Media plays a big role in the rise of entrepreneurship but they are just focusing on valuations rather than the product or it’s potential. For example, in India in C2C used goods space we only have OLX & Quikr and India needs at least 6~7 more credible players to address the market requirements as on every 20 million population one such platform is needed.
Online commerce has been so far about discounting, customer acquisition, etc. how do you see 2017 panning out for the online commerce, hyper-local & used goods marketplace sector ?
Let us give you our view point on each of these sub-verticals individually
Online Commerce – We need more online commerce players as we still have less than 10% online users visiting these platforms. If they promote their products in Tier-2 & Tier-3 cities their volumes can grow by 25-30% YOY.
Hyper-local – It’s not taking off as most of these companies are engaging the local service guys to provide service, they need to change the strategy for e.g. They should provide training to these service providers on regular basis, get the security checks done for them and also provide them the training to enhance the skills, than only they can maintain the quality.
Used goods marketplace – There is huge potential in this space as we still have less than 5% Internet users using these platforms, despite we have only 5% users using these platforms they are oversubscribed. For example, If you post your Ad on top two platforms, your Ad will be on 4th or 5th page in less than 15 minutes, which reduces your chances of selling. This even applies to Paid Listings, so the sellers are looking for more alternatives to list their products that’s where Zamroo perfectly fits in.
Initial customer acquisition is mostly built on discounting model, any other methods that entrepreneurs can follow to gain more customers keeping the burn-rate to the minimum [ensuring that transactions are repetitive instead of one-time].
As Zamroo is an online marketplace for used goods and transaction is happening between buyers and sellers directly, hence discounting doesn’t apply to us. Zamroo has more than 38,000 sellers signed up on the platform, primarily by social media and SEO only and we haven’t burnt huge cash as competitors did to attract customers as we believe in quality of our product and need of the market.
There has been lot of hue & cry about capital dumping, can you share your views on the same [and how fierce competition is necessary for the upliftment of the online sector] ?
We don’t think Indian companies are used for capital dumping, in our view investments by foreign investors should be used for building world class product and taking it to global level. We can also build another Microsoft & Google if investors are little visionary.
As per your entrepreneurial experience, when should an entrepreneur look out for external funding ?
The right stage for external funding is when the company is in early stages of revenue growth.
Some books that you highly recommend for entrepreneurs
I would like to recommend Zero to One by Peter Thiel & The 4-Hour Workweek by Tim Ferriss.
Entrepreneurs you highly admire and some traits of their’s that you would like to imbibe.
John Gabbert of Pitchbook and I admire him greatly for his perseverance, persistence.
Any closing thoughts for our readers ?
For Entrepreneurs, no matter what how difficult is the economy or getting the investors in the difficult times, at the end of the day good product, good management team, right product will always get funded.
We thank Rakesh Kapoor for sharing his insights with our readers. You can access Zamroo via Web, Zamroo iOS App and Zamroo Android App. Do give Zamroo a spin and share your experience in the comments section. If you have any questions for Rakesh & Zamroo Team, please email them here or share them via a comment to this article.
GoodWorkLabs launches GoodWorks CoWork, a co-working incubation studio to help build thriving start-up community
After creating a multi-million dollar company, GoodWorkLabs CEO Vishwas Mudagal and Co-Founder & MD Sonia Sharma have ventured into becoming Angel Investors in 2017. They are joining the leagues of marquee investors such as Tata Group patriarch Ratan Tata or Infosys Founder Narayana Murthy, who are investing in start-ups across the country and helping to raise the maturity of the start-up ecosystem in India by the launch of their Coworking Innovation hub, GoodWorks CoWork, a design-inspired co-working incubation studio, which is located in the heart of Bengaluru’s Silicon Valley—Whitefield.
It was in 2013 that Vishwas and Sonia started GoodWorkLabs, which now a multi-million dollar company is recording a 500% revenue growth YoY. Recently, GoodWorkLabs was also ranked as the 5th fastest growing tech company in India by Deloitte in 2016. Their products are being used by 60+ million people globally.
After successfully establishing GoodWorkLabs as a boutique Software and Mobile App Development Company in India and USA, Sonia and Vishwas are excited to build a thriving start-up community through the launch of GoodWorks CoWork. Not only that, this year they are also set to mentor upcoming start-ups and extend their Thought Leadership to help businesses grow. They plan to choose three promising start-ups that have a ‘real’ business model, growth and potential and plan to invest anywhere between USD $50,000 and USD $200,000.
We were invited to the GoodWorks CoWork office in Akshay Tech Park, Whitefield and the space looks amazing. The entrepreneurial zeal is clearly visible in the design of the office, some pitcures below:
Vishwas Mudagal, CEO and Co-Founder, GoodWorkLabs said
The New Year was a great occasion for us to try out something that we have been wanting to do for a long time. It will mark a new beginning, a new chapter in our lives and we hope to give as much as we got from the ecosystem. Bengaluru is a great breeding ground for start-ups and we are extremely excited to provide the best ecosystem for start-ups to succeed.
By working at this 3000 sq ft. co-working space, the start-ups will get access to virtual offices, dedicated and private offices, conference & meeting rooms, high-speed internet, 24/7 surveillance, storage units, unlimited beverages, in-house security and maintenance, among others. However to entrepreneurs Sonia and Vishwas who are industry leaders with a strong entrepreneurial background, the GoodWorks CoWork studio is not just a shared office space. The start-ups will also get access to technology, marketing, design and PR as well as mentorship from Sonia and Vishwas. Not only that, they will also be able to tap the network of both Vishwas and Sonia and get funding for their ventures.
Sonia Sharma, Founder and Managing Director, GoodWorkLabs said
By giving access to core services for entrepreneurs, new and old alike, such as marketing, Accounts & Finance consulting, HR and recruitment, Tech consulting, Design, UI & UX consulting in addition to other facilities, we want to dig deep into assessing and mentoring new entrepreneurs who maybe just have an idea and a business model to support it, but might have limited resources to assess its scalability & growth. Also this will help create a symbiotic ecosystem additionally helping us to choose the startups we can fund.
About GoodWorkLabs
GoodWorkLabs is a world-leading outsourced product development company that designs and builds mobile apps, software products and games for top clientele globally. With offices in Bangalore, Kolkata and San Francisco Bay Area, the company is growing at 500% YoY and has established itself as a premium tech provider for Fortune 500 companies and startups. The company is led by industry veterans Vishwas Mudagal, CEO & Co-founder, and Sonia Sharma, MD & Founder, and is a valued member of NASSCOM. For more information on GoodWorkLabs, please visit GoodWorkLabs. To know more about the GoodWorks CoWork community please visit GoodWorks CoWork
NIRD&PR announces the launch of the Rural Innovation and Startup Conclave 2017
The National Institute of Rural Development & Panchayati Raj announced the launch of India’s first focused Rural Innovation and Startup Conclave [RISC] to be held on the 23rd and 24th of March 2017, at NIRDPR, Hyderabad. The focus of the two day event is to build capacities and promote fresh talent by giving them platform to display their innovations, encourage greater learning, and strengthen the cadre of young rural innovators and start-ups.
Indian start-ups are mostly IT based and cater to urban services. Innovation and Technology Diffusion for rural development is the need of the hour. Other important stakeholders who act as support systems to rural innovators are still evolving. There is a need to develop and nurture mentors, angel investors, faculty, corporates, media so that they play a much more active role in contributing to the ecosystem.
Speaking at the launch, Dr.W.R.Reddy, IAS, Director General NIRDPR, Hyderabad, said
Since more than 60 per cent of the Indian population live in the villages, the improvement of their living conditions should be anchored and promoted by innovation and technology development and their dissemination for improving the productivity and wealth creation.
In addition, RISC2017 will feature RISC Awards 2017 under Six domain areas namely 1. Agriculture and Allied 2. Green Energy Technologies 3. Drinking Water, Health and Sanitation 4. Waste to Wealth 5. Sustainable Housing and 6. Other Livelihoods, which will be a Platform for demonstration and recognition of Rural Innovations and Technologies. Nominations for the same will be through its website, and the last date of nominations will be on the 10th of March 2017. Nomination will be accepted in the areas of Idea with Prototype and Startup Stage.
NIRDPR Spokesperson said
We are reaching out across the country and hope to see some good participation for the RISC Awards 2017. We have already received 25 entries so far.
About NIRDPR
The National Institute of Rural Development and Panchayati Raj, an autonomous organisation under the Union Ministry of Rural Development, is a premier national centre of excellence in rural development and Panchayati Raj. Recognized internationally as one of the UN-ESCAP Centres of Excellence, it builds capacities of rural development functionaries, elected representatives of PRIs, bankers, NGOs and other stakeholders through inter-related activities of training, research and consultancy. For more information, please visit National Institute of Rural Development & Panchayati Raj
CashKaro launches #SheCEO to celebrate International Women’s Day
CashKaro–India’s largest Cashback & Coupons site is back with its 3rd edition of #SheCEO – an initiative to empower Womenpreneurs of India. From students aspiring to be entrepreneurs to startups led by women, #SheCEO aims to provide a strategic platform to help women get the right mentorship, introduction to industry experts & investors and also network with counterparts.
Through this campaign, three women entrepreneurs and five female students will be selected and mentored on entrepreneurship, business planning, funding issues, and importance of social media to connect & network with potential partners. The month long campaign will call for participation from start-ups led by women as well as women students who have a bent towards entrepreneurship. The entries will be adjudged by a panel of experts based on their submission.
The initiative has gained a lot of support and appreciation from the industry over the years. This year they have some of the most renowned names as partners from the fraternity namely YourStory, SHEROES, SACC India, Delhi Startups, TLabs, Rodinhoods, India Angel Network, Startup Oasis, Mumbai Angels Network, Jaarvis Accelerator & HealthStart.
Swati Bhargava & Rohan Bhargava, Founders, CashKaro.com said
#SheCEO is all about recognizing, rewarding and further encouraging entrepreneurship among women from all walks of life. Scaling up small businesses is tough for many women who kick off their ventures very well but stumble at the first post due to lack of support. We believe there are excellent businesses that women can create with the help of knowledge and support and mentorship. We hope #SheCEO provides aspiring women entrepreneurs and students a platform to network, celebrate and grow to march forth & build amazing businesses!
The #SheCEO campaign kick started from 9th February 2017 & submissions will be accepted till 6th March 2017 [11:59 PM IST]. For more details about the campaign, please visit CashKaro Women’s Day
SutraHR enters the booming Coworking space in India, launches ‘MumbaiCoworking’ in Mumbai
Mumbai-based entrepreneur & founder of SutraHR, Waqar Azmi, recently launched MumbaiCoworking in Andheri West, Mumbai. This marks the formal start of SutraHR in the business of co-working in India. ‘MumbaiCoworking’ has currently established 60 work seats in the office. The company also announced that it would be expanding its business very soon.
It’s a known fact that finding a cheap place to rent out an office or a house in Mumbai is not easy, especially for budding startups. Imagine, operating from coffee shops or cafes in the city, which itself would not be an affordable affair. This has apparently increased the demand for co-working spaces in the city. Waqar Azmi understood this need, as he himself runs a startup called SutraHR. The company majorly targets startups, SMEs, freelancers, independent consultants, etc.
MumbaiCoworking is location friendly, based in Andheri, in the heart of Western suburbs. It is just 2 minutes away from the nearest bus stop, 10 minutes from D.N Nagar metro station and 12 minutes from the nearest railway station. The company aims to establish its presence as a leading provider of shared office spaces in Mumbai.
Waqar Azmi, owner of MumbaiCoworking said
SutraHR started out of a garage like office with limited office amenities. We ended up spending more than usual for setting up meetings in cafes, low quality internet service and running around for menial things. We therefore will offer every basic thing that is needed for our coworkers. All they need is to just step in a quirky office and we will take care of the rest.
‘MumbaiCoworking’ offers its clients daily cleaning services, high-speed internet, unlimited access to snacks and beverages, a quirky and colourful office, and other amenities.
The rental cost ranges from Rs. 500 a day to 7,000 a month. Their budget friendly prices start as low as Rs. 5,000 for a floating seat and go up to Rs. 7,000 for a fixed seat inclusive of access to meeting rooms. Members can also avail discounts when they book bulk seats or take up the entire 8/14/16 seater rooms. ‘MumbaiCoworking’ also offers meeting/conference rooms separately on a half and full day basis for Rs. 3,500 and Rs. 5,000 respectively. You can also get a daily pass at just Rs. 500.
It is also well suited for the digital nomads or travelers who are in the city for business meetings or people from other cities who are in the initial stage of setting up an office in Mumbai.
About MumbaiCoworking
MumbaiCoworking is a shared office space located in the western suburbs of Mumbai. The office offers a quirky rental space for startups, SMEs and anyone looking at an affordable space.It is conveniently located 2 minutes from the nearest bus stop and is at close proximity from the metro and railway station. The company aims to establish its presence as the leading provider of shared office spaces in Mumbai. For more information, please visit MumbaiCoworking
DigitalOcean and Hasura to host ‘Shaastra Launchfest’ Hackathon at IIT Madras to boost entrepreneurial spirit amongst students
DigitalOcean, a cloud platform focused on simplifying the complexities of infrastructure for software developers and businesses and Hasura, a technology platform that helps developers build apps faster are collaborating with IITM Shaastra 2017 to find and foster the next generation of great Indian start-ups.
At the Shaastra Launchfest Hackathon, 20 student teams will get 48 hours to hack out the MVP of their dream startup and demo it to VCs, tech CEOs and CTOs. Hasura and DigitalOcean will offer the participating teams a giant leap into launching their startup through cash prizes, free credits, technical mentorship, and help in gaining the network and exposure that can aid these projects. Chosen teams will also be provided the unique opportunity to be Hasura Summer Fellows, getting a chance to work in the Hasura office in Bengaluru with engineers helping them architect their apps.
Speaking about the Hackathon, Prabhakar Jayakumar, Country Manager, DigitalOcean said
India will soon have the largest number of software developers in the world and student entrepreneurs are likely to play a key role in building next generation technology businesses. We are glad to support initiatives like these that help identify budding student entrepreneurs.
College life represents an enormous opportunity. It is a time when potential entrepreneurs have time, access to resources (labs, equipment, books) and exposure to students pursuing a diverse variety of degrees. However, this potential is frequently left untapped. While the ecosystem around student startups is starting to develop in India, with most of the premier institutes boasting of entrepreneurship cells and incubators, there is still much to be done.
Rajoshi Ghosh, Co-founder of Hasura – a technology platform that helps developers build apps faster said
The need to address this gap is what motivated Hasura and DigitalOcean to lend a helping hand by setting up a platform that can support enterprising students.
Registrations for the event are now open at shaastra.org, and teams have until the 24th of December to submit their ideas. The event is scheduled for the 1st and 2nd of January at the IIT Madras campus.
ISB and US Consulate General Hyderabad partner to promote Entrepreneurship and Innovation in India
The Indian School of Business (ISB) in association with the U.S. Consulate General Hyderabad announced the launch of ISB Envision, a nation-wide Accelerator Programme to identify promising start ups that are leading the charge on Innovation and Excellence.
Designed by ISB’s Centre for Innovation and Entrepreneurship (CIE) and its incubation arm, DLabs, ISB Envision provides selected participants an opportunity to be part of the incubator/ accelerator programme at the ISB that will support ventures which have the potential to bring about a disruptive change in the area of Smart Cities. Climate Change, Education and Women’s Empowerment.
Making the announcement Rajendra Srivastava, Dean and Novartis Professor of Marketing Strategy and Innovation, ISB said
ISB Envision is our endeavour to create a socio economic impact by supporting the next generation of entrepreneurs to develop creative solutions to challenges and opportunities in the economy, overcome problems facing the society and create value for the country and our people. We hope this initiative from the Centre of Innovation and Entrepreneurship and DLabs at ISB will attract the best of entrepreneurs who have it in them to make a difference.
U.S. Consul General Katherine Hadda said
President Obama said recently to some entrepreneurs – Entrepreneurship remains the engine of growth. Ultimately, the world needs your creativity and your energy and your vision. Social entrepreneurs, in addition to being engines of growth, are agents of change. They are driven by a commitment to being socially responsible and putting mission before profit. The U.S. Consulate General Hyderabad is proud to partner with an exceptional business school like the Indian School of Business and to support the ISB Envision. ISB Envision is a true example of the shared values between the U.S. and India, as we strive for positive social impact in whatever we do.
ISB Envision includes two broad tracks: Start-up Initiate and Start-up Advance for early stage entrepreneurs
Start-up Initiate encourages entrepreneurs with a proof of concept and a viable business plan. This track aims to identify five entrepreneurs to be part of the ISB Incubation programme.
The five selected ventures will receive the following:
1. Incubation at DLabs@ ISB for a period of six months
2. Access to ISB’s network of mentors and investors
Start-up Advance is targeted at early stage start-ups that have been operational in business for 12 months and above. It will aim to identify five teams to be part of the accelerator programme to receive mentorship from the best minds in the industry, access to potential investors to secure funding and grow the venture to the next level.
The five selected ventures will receive the following:
1. Be part of the three month Accelerator programme at ISB
2. Access to ISB’s networks of mentors and investors
Some of the leading investment groups such as Matrix Ventures, Hyderabad Angels, TiE Hyderabad and Anthill Ventures are supporting ISB Envision as investment and mentoring partners.
Application Process
- Applicants have to register online before 31st, December, 2016 at envision.isb.edu
- Ten short listed applicants per track would be invited for a pitch day at ISB
- Five teams per track would be finally inducted into the ISB Envision programme.
- The Centre for Innovation and Entrepreneurship and DLabs at ISB will provide guidance and support to the start-ups throughout the programme.
About ISB
Indian School of Business (ISB) is a global Business school offering world-class management education across its two campuses – Hyderabad and Mohali. It is the youngest school ever to consistently rank among the top Global MBA programmes, the first institution in South Asia to receive the prestigious AACSB accreditation, one of the largest providers of Executive Education in Asia, and the most research productive Indian management institution. For more details please visit ISB