The startup ecosystem in India is fast growing like ever before in India. More and more young Indians and not so young Indians are embracing entrepreneurship. According to one estimate, Indian startups raised $1.7 billion from investors in first quarter of 2015. During this quarter, also on an average, two startups got funded.
According to NASSCOM 2014 India Start-up Report, India now has the third largest startup ecosystem in the world after US and UK. Therefore, to support this ever growing ecosystem, Paradigm created a practice line Entrepreneurship as well as founded an accelerator to be hands on with some of its clients.
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- Idea formulation
- Market gap understanding
- Demand and supply analysis
- Product innovation and development
- Competition analysis
- Idea formulation
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- Market testing (know your market and understand your future customer)
- Market research
- Product concept testing
- Finalizing product design and features
- Defining structure and procedure for mass market reach out
- Market testing (know your market and understand your future customer)
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- Business planning
- Business plan
- Financial model
- Putting in place the right business structure
- Business planning
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- Establishing cash resources
- Funding adequate capital
- Establishing cash resources
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- Launch
- Marketing and PR
- Customer acquisition and retention
- Launch