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Cover story | June 21, 2015

Young start-ups are going global from day 1 now

Young start-ups are going global from day 1 now

The game has changed for the generation Y entrepreneur. He now thinks of a global product rather than making one only for India.

ShopClues carves out its own niche in the industry

The company is not worried about the wall of cash others have created. The industry, it believes, will diverge and all companies would need to differentiate by niches.

How Edureka gained via virtual classrooms

In 2012, Edureka moved to virtual classrooms. Subsequently, the best industry practitioners were hired and flexible hours, including weekend classes, were introduced to make it easier for both students and working professionals.

MySmartPrice helps you compare 100 categories

What MySmartPrice does is help the user solve two problems - what to buy and where to buy. The focus is not just on providing the best price but also sharing information on best deals.

How Linkstreet Learning is making learning easy

Linkstreet is also targeting the corporate learning space. "As companies go global, their training needs will be spread across geographies and this will create opportunities for us," says Vikram Ramakrishnan.

LimeRoad is a strong candidate for long haul

LimeRoad works on a simple premise. It allows you to create your own look - on a virtual scrapbook - using products from 1,500 small vendors on its site.

Junotele is making micro payments easier

Juno hopes to operate in a market size of $50 billion. In carrier billing, its main competitors are Fortumo, Bango and Boku. It says it has no competition in duration billing as this area cannot be addressed by other technologies.

Toppr.Com eyes 5 million user base by 2017

Toppr.com turns a phone into a study aide by helping students prepare for tests through its website and app. Users can access some chapters without paying anything. For the rest, they have to pay Rs 4,000 per year. The company says it has 15,000 paid users.

This company is connecting people via online file collaboration

Framebench services over 1,000 clients across the globe. It sells a unique product "Framebench" - an online file collaboration software that allows any video or digital file to be shared among any number of people simultaneously.

Culture Machine is making waves in digital video content production

It was set up in July 2013 by two like-minded entrepreneurs - Sameer Pitalwalla and Venkat Prasad. The company now has 350 channels in its network across categories including music, comedy, news, beauty, lifestyle and makeup.

HackerEarth helps find top-quality coders for tech companies

HackerEarth's coding challenges expand the talent pool for tech hiring and make the process more meritocratic.

Editor's Note

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The Age of the Entrepreneur

A lot of start-ups will fail. The ones that succeed will have changed the rules of the game forever.

Policy Watch

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A lot remains to be done by govt: Yashwant Sinha

Yashwant Sinha, former minister of finance and external affairs, tells Business Today that the Narendra Modi government is taking forward the agenda set by the earlier NDA government.

News Maker

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Debate: Is GST a game spoiler or game changer?

Member of Parliament M. Veerappa Moily and Madhya Pradesh CM Shivraj Singh Chouhan debate on the much-awaited tax reform - Goods and Services Tax.

Book

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Book review: Dream With Your Eyes Open, by Ronnie Screwvala

Ronnie Screwvala walks you through his entrepreneurial journey, and helps you think big.

Book review: The Creator's Code by Amy Wilkinson

The Creator's Code talks about six traits today's entrepreneurs must possess.

People

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People in news: Nita Ambani, Yash Birla and more

Featuring: Nita Ambani, Yash Birla, Subrata Roy and Pradip Baijal.

Leadership Spotlight

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'Everything in lighting will be digital in two years'

Harsh Chitale, CEO of Philips Lighting Solutions, South Asia, talks about his new role at the recently-joined company and the changing landscape in lighting.

Trends

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How Roposo, Wooplr are trying to change the world of fashion retail

Start-ups like Roposo, Wooplr, Violet Street let users who are fashionistas create and curate looks and direct conversations on styles.

Columns

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Impact of electronic innovations on economies

The main characteristics of the menagerie are that it is open, uncontrolled and uncensored. This may encourage vulgarity and personal abuse, but the general feeling about it is more favourable than unfavourable in a free society.

Letters

Letters to the Editor

Business Today readers share their feedback on the magazine's coverage.

Corporate

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VIP Industries faces a serious perception issue

Dilip Piramal, Chairman, VIP Industries, blames the slump partly on changing consumer preferences. For one, there has been a clear dip in demand for hard luggage, VIP's forte.

Five traps that companies fall into when exploring new opportunities

BCG Strategy Institute has identified five traps that companies can fall into, as they explore new opportunities. Here's how to navigate them.

Trouble is brewing at Chettinad Group

While differences had been festering between Ramasway and his adopted son for some time, things came to a head-on, when Ramaswamy publicly declared disowning his son in a press conference on June 9.

Technology

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Why you must insure your handheld gadgets

Insuring your handheld gadgets is almost becoming a norm. The one-time investment can save you from exorbitant repair costs.

Can Xiaomi's Yi Action camera beat the GoPro?

The performance of this action camera is worth praising. It has a wide-angle lens that captures great still images and videos. It packs in a Sony Exmor R BSI CMOS sensor and can capture images at 16MP.

Focus

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Agreements inked during PM Modi's foreign visits

Prime Minister Narendra Modi's foreign visits have caught everybody's attention. Business Today presents an account of the visits in terms of promised investments.

What made news this past fortnight

Kishore Biyani questions the rationale for allowing e-commerce companies to raise foreign capital.

Events to watch out for in June

Featuring: India-EU FTA talks, PM Narendra Modi's visit to Bangladesh, WTO trade ministers' meeting and OPEC meet.

Do B-schools need to worry about the IIM Bill?

Likely to be tabled in the monsoon session of Parliament, the IIM Bill 2015 will allow the 13 IIMs to confer an MBA degree rather than the post-graduate diploma in management (PGDM) they offer now.

Should Rajya Sabha have the power to veto bills passed by Lok Sabha?

Time to debate whether Rajya Sabha should have power to veto bills passed by Lok Sabha.

BT More

Athletic Aura

A streamlined form packed into a sporty frame topped with a heavy dose of beefy power, the new Audi RS 7 Sportback has landed in India.

Top Shop

Top luxury products in the market. Featuring: The Brilliant Game, Get Up Stand Up speakers and Pro Salon Bamboo.

I run to feel empowered: Sanjay Tripathy

HDFC Life's Senior Executive Vice President on his passion for running marathons and his training regimen.

Tips to tide over a tough situation

Focus on positivity and inner strength to tide over a tough situation.

Guide to explore Dubai in just 24 hours

If you've got only 24 hours to explore Dubai, that's unfortunate. But this guide will help you get the most out of your day, and night, in one of the world's trendiest cities.

Tips to keep your brain fit and healthy

Meditation eases anxiety so sit quietly and try to feel some peace.

Champagne On The Rocks

How a French winery more than 270 years old re-invents itself with a summer champagne meant to be enjoyed with ice.

10 must-haves for a corporate man on the move

Designer David Abraham of Abraham & Thakore lists the ten must-haves for a corporate man who's forever on the move.

Workplace rules: How to help your team perform consistently

Team work is a priority for most companies. Know the workplace rules for teams to perform consistently and deliver within the deadline.

Music is my me-time: Micromax co-founder Rahul Sharma

Micromax co-founder Rahul Sharma on his love for top-end gadgets, speed and new-age technology.

Ten gadgets every businessman should have

Arm yourself with these smart gadgets when travelling and navigate your travel plans with ease.

Restaurant review: Zamozza in New Delhi

Recommended for a quick, fuss-free bite if you work in the vicinity or are around for a spot of shopping.

Tips for frequent fliers: Events in June, cruise along Nile and more

Tom Harper River Journeys' latest cruise aboard the MS Steigenberger Minerva is a 12-day long Egyptian extravaganza along the looping stretch of the Nile.

Hinge CEO Justin McLeod on benefits of online dating

Justin McLeod, CEO of Hinge, on the benefits of online dating.

Quick, easy steps to help you organise digital photos

Basic organisational skills are all you need to categorise images.

Restaurant review: Megu in New Delhi

Challenging the 'too expensive' notion, Megu has now introduced an almost brand new menu and has sushi options that begin at fairly competitive prices.