Young blood: Median age of India’s startup entrepreneurs is just this much

  • Young blood: Median age of India’s startup entrepreneurs is just this much
  • India has the second largest start-up ecosystem in the world and the median age of founders of these enterprises is only 31 years, a youth delegate from India said at the UN.
  • India today has the second largest start-up ecosystem in the world, she said.
  • ” With a median age of about 29 years, India is one of the youngest countries in the world.

Read full article: financialexpress.com

Opinion| India’s policy plans could hold back its digital startups

  • Yet other policy measures by the Indian government are shortsighted and may undercut India’s startups before they can prosper-particularly in digital technology where India’s entrepreneurs can ” go global” very quickly.
  • These proposals contain harmful provisions that could hurt Indian entrepreneurs in digital technology ventures.
  • Similarly, restrictions on cross-border data flows as envisioned in the draft e-commerce policy means businesses, both in India and abroad, won’t be permitted to leverage distributed systems and operate at scale.
  • What’s more, additional costs have the potential to create additional barriers to entry and would favour a few well-established players over small businesses.
  • Yet beyond physical spaces and support systems, the policy ecosystem must also be shaped to encourage risk-taking, innovation and growth.

Read full article: livemint.com

How Ajay Chacko Got Arre Ready For India’s Original Digital Content Boom

  • With its immense smartphone user base, it is expected to become the second largest video-viewing audience of500 Mn by 2020 from the current 250 Mn, according to EY.
  • Although this trend has been catalysed by the entry of US companies such as YouTube, Netflix, and Amazon Prime Video, India has seen an explosion of homegrown content platforms such as Disney’s Hotstar, MX Player, Eros Now, Voot, Alt Balaji and ZEE5.
  • Put simply, Arre is an open OTT platform which not only creates original video content distributed through its app and website, but also for other video streaming services such as Hotstar and Amazon Prime Video.
  • The rise and penetration of international streaming services such as Netflix and Amazon Prime Video in India has meant that the Indian players such as Arre are not just making original content but also acting as feeders to this growth.
  • Chacko saw that the core consumption driver for OTT would be original content and started synergising Arre’s resources accordingly and at the same time also invested into its existing and new franchises whether it was video or audio.
  • Besides producing shows for other platforms through Arre Studio, Arre makes its money through branded content or ad-funded programming, and through licensing or syndication deals.

Read full article: inc42.com

Delhi Startup Introduces a Marketplace Platform for Warehousing and Cold Storage in India

  • Delhi Startup Introduces a Marketplace Platform for Warehousing and Cold Storage in India
  • Warehouse-India.in has launched a new platform for finding warehouses in India through its marketplace.
  • Warehouse, cold storage and service providers list their properties and services to and communicate with the users through the inbuilt messaging feature.

Read full article: indianweb2.com

Netherlands based startup simplifies project management – Express Computer

  • GETSCOPE Solutions is Amsterdam, Netherlands based startup focused on making project management an easier task.
  • The key products and solutions include multiple project methodologies that can be used side by side (Waterfall/Scrum/Kanban) and can scale with the company; time registration; reporting; resource management; company workspace.
  • Guido Schilperoort, Founder, Owner & CEO, GETSCOPE Solutions who had extensive work experience as a project manager and Scrum master for smaller and larger companies like publishers, marketing agencies and software companies, says that most organisations struggle with the search for a project management tool that satisfies their needs.
  • A project management tool in which these two worlds can work side by side, a tool that can grow along with the process and maturity of a company.

Read full article: expresscomputer.in

Inspirit IoT Inc. to Participate in Plug and Play’s Internet of Things Accelerator

  • to Participate in Plug and Play’s Internet of Things Accelerator
  • Inspirit IoT Inc. an embedded intelligence company, has been selected from among more than 800 startups to participate in Plug and Play’s Internet of Things Accelerator Program this summer.
  • ” Inspirit IoT is a leader in high-performance edge intelligence for real-time, life- and mission-critical applications,” said Dr. Kyle Rupnow, co-founder and CTO of Inspirit IoT. ” Plug and Play’s accelerator will allow us to open innovate with global industry leaders to embed their domain-specific machine learning at the edge.
  • Recent examples of Inspirit IoT’s open innovation efforts include projects with Asia’s leading system integrator NCS, where the addition of Inspirit’s audio event detection (audio machine learning) was designed as a hardware component to control their pan-tilt-zoom security camera.
  • ” Inspirit IoT is helping to change the way that companies deliver embedded intelligence,” said Sobhan Khani, VP of Plug and Play’s IoT and Mobility platforms.

Read full article: prnewswire.com

Google’s Parent Company Ready to Make Deliveries Via Drones 

  • Drones for carrying out deliveries have been on the cards for a while and even countries like India have started making plans to make it a legal operation.
  • The entity has been conducting test flights for over six years in countries like the US and Australia and finally it seems ready to go mainstream.
  • Wing claims to have developed an unmanned traffic management platform that will make sure operating and managing airborne drones can be easily handled.

Read full article: thequint.com

Can Sleepy Owl Warm India Up To The Cold Brew Revolution?

  • Coffee brings people together, but not often do people come together and end up changing how coffee is made and drank.
  • Sood and Singh, cofounders of Sleepy Owl, met in law school and knew even back then that someday they wanted to build their own venture.
  • Their sweet dream became a mini-ecommerce venture on campus called ‘eShack’ making it the first online store for beverages and party accessories.
  • Soon after graduation, though, the duo went their separate ways; while Sood joined an edtech startup, Singh joined an apparel company.
  • Sleepy Owl packages cold brew coffees, which are extracted by steeping ground coffee beans in cold water.

Read full article: inc42.com

A fantasy sports startup has entered the unicorn club thanks to India’s IPL fever

  • Emerging from the grey areas of Indian anti-gambling laws, fantasy sports gaming platform Dream11 has become the country’s newest unicorn.
  • With over 50 million users, the Mumbai-based firm calls itself India’s biggest fantasy sports-gaming platform.
  • with his friend Bhavit Sheth after he felt a lack of fantasy gaming platforms catering to fans of the Indian Premier League (IPL), a wildly popular cricket tournament launched the same year.
  • Though cricket remains the platform has expanded its reach beyond cricket to football, kabaddi, basketball, and hockey.
  • On Dream11, sports fans can create their own fantasy team that consists of real-life players from an upcoming match.

Read full article: qz.com