Category Archives: Startup

How to Validate Your Startup Idea? (Infographic)

Right after I passed my high school, like most of the people, my dad suggested opting for a proper job, instead of starting my own business.

I with due respect enrolled in a 9-5 job. For the first 6 months, I learned a lot, and trust me, I being here, has a lot to do with my early job.

My job was in an ecommerce store. As a junior developer, I was quite thrilled by the origin of extensive websites every day. So, I studied all that was necessary to make a website and just after I completed my first year, I resigned to start something of my own.

Now if you are an Entrepreneur or a small startup you can relate to my story. Starting something is quite easy but to keep it open is the hard part.

If your startup failed, it’s because it didn’t solve a tier 1 problem for a large enough audience. As a young Entrepreneur or anyone who is fresh from college, you need to focus on something that can go on the long run.

The most successful Entrepreneurs are ones that minimize the risk of failure. In a research, it was concluded that more than 83% of the startups fail within the first 5 years.

What makes a startup succeed or fail? Is it the idea or the execution? Is it the passion or hard work?

Before you blame anyone for your startup failure, take out some time to analyze what went wrong.

To get the best of your startup you first need to validate your idea. Yes, you heard me right, before you even start making logos or crushing your creativity for your website, you need to spare some time and see whether your idea is really worth it or not.

There are several ways in which you can validate an idea, but you need to choose something that has worked for others and is tried and tested.

You need to gauge your brilliant idea with against some factors. What are these factors? Well, if you have asked this question a few years back, I would have denied, but now with so much transparency over the internet, everyone loves to share how they went from being zero to number one.

I am not here to brag about my successor to dictate you on anything that is superficies, but instead, I am here to help you out with your startup.

Here Branex – a digital design agency from Toronto came up with a mind-blowing infographic on how to validate your startup idea without spending a dime?

I am a serial Entrepreneur, so I have seen both sides of the coin. The success, and the failure. And trust me, when I say, validate your business idea before you jump into the river of the unknown, it is always advisable to gauge the level of the sea.   This infographic does the job for you. Check it out. Execute it. And launch your dream idea. And yes, best of luck!

Original Source of Infographic – Branex

‘Pokemon Go’ Developer Acquires Social Animation Startup Evertoon

Niantic games, the company that developed insidiously popular game Pokemon Go, has acquired social animation startup ‘Evertoon’. The startup is in the business of creating animation with customized avatars.

Maker of Pokemon Go Acquires Evertoon

Niantic games became the household name after they released Pokemon Go last summer. However, the game has witnessed sharp decline in active user community. This could be the reason why Evertoon is being taken to war room to create strategies for reviving the game.

While announcing the acquisition, Niantic games’ boss John Hanke said:

“Today I am excited to announce that we have acquired the Evertoon

Hubspot Acquires Chatbot Startup Motion AI at an Undisclosed Amount

News of another big acquisition is buzzing around. Hubspot has acquired Chatbot builder startup Motion AI in by paying an undisclosed amount.

Hubspot Acquires Motion AI

The startup was founded in 2015 and was indulged in developing editors for building chatbots that work on websites, Facebook Messenger, SMS and Slack without coding. It has recently raised funding from Charge Ventures, Crush Ventures and others.

Hubspot Acquires Chatbot Startup Motion AI

Even before acquiring the startup, HubSpot had already integrated the tool into HubSpot Free CRM. Once the acquisition completes, the entire Motion AI team, including founder and CEO David Nelson, will be the part of HubSpot. More on the acquisition including the integration plan would be detailed at HubSpot’s Inbound event next week.

While announcing the merger, HubSpot CEO Brian Halligan said:

“It’s impossible to ignore the impact of chat and messaging, not

Top 10 Ratan Tata Backed Startups

Top 10 Ratan Tata Backed Startups

Ratan Tata, the mentor of Tata group has been very vocal in supporting new ideas and ventures. He has already invested in over 30 tech startups and the list is going on. Here I am listing top 10 Ratan Tata backed startups:

10 Ratan Tata Backed Startups

1. Paytm:

Paytm tops the list of Tata funded startups. Paytm, the renowned and probably the most popular mobile wallet service in India, secured an undisclosed funding from Ratan Tata in 2015. Not only he guided the funding, but also designated as an advisor for the company.

The Paytm wallet service allows users to perform a number of digital transactions via its mobile app. It includes wallet-to-wallet fund transfer, wallet-to-bank fund transfer and utility bill payments. Users can add up to 20k in their wallet per month. However, for KYC verified users, company increases this limit.

2. Ola: Backed by Ratan Tata

Ola, an Indian app-based cab rental services also secured funding from Ratan Tata. Alike Uber, Ola offers cab rentalto riders in just a few taps. Ola’s services span across all price segments, ranging from luxury to economy. The app allows commuters to book a taxi, cab, auto and luxury sedans using their smartphones. Ola went operational in 2010 and secured funding from Ratan Tata in July 2015 in his personal capacity.

9 Ways to Validate Your Startup Ideas

Validating your startup ideas is not just about finding ways to reach out to your target audience, but to also listen to them when they give feedback. This is the problem with a lot of small business owners. They keep on thinking of ways to validate their startup ideas, but when they receive negative feedback, they are enraged with it or they simply ignore it.

If you want to find out how you can improve your business, listen to the people who are going to be potential buyers if you will launch your business. They can tell you what they want, what they think is wrong, and also suggest ways for you to improve.</p>

They won’t get anything out of it. They can just be brutally honest with their thoughts. As they are your target audience, they might have bought the same products or services before. Hence, they know exactly what they want if a similar company is being built up.

Don’t feel bad if your ideas are not validated. It doesn’t mean you have not come up with something worth doing. It only means something has to be changed. It can even be just a minor change. This is why it is called a business idea. It may or may not be implemented.

It is up to you if you will push through with it or not. Since it is still on the initial phase, you must be open to tweaks in order to improve it. The infographic below shows other ways to validate your start up ideas and you have to consider them too.

Infographic Source

7 Startups That Shut Down Operations In 2016

2016 is set to finish its journey. It has been a year with noteworthy ups and downs, especially for startups. 2016 was a year that most of the startups will prefer to forget for being disappointing, heartening and futile. In 2015, startup growth was steady and impressive, not less than three to four startups a day. But in 2016, trend overturned with series of layoffs and shutdowns. A number of things reportedly contributed to this downfall, specially lack of funds, declining sales and rising competition.

Here is the list of startups

These 11 Tech Startups Thrilled The Technology Domain In 2015

These Promising 11 Tech Startups Thrilled The Technology Domain In 2015

The outgoing year 2015 was very promising for new ventures and tech startups. Beyond the established tech giants, newly founded tech companies became the buzzword this year.

We may argue whether they were true startups, growth – stage companies or unicorn, but they turned to be the potential gainers and impressed masses and tech experts globally.

I am listing here out 12 such tech startups that cut through the competition in 2015 and made a spectacular headway. They are even ready to take tech giants head on in 2016.

[espro-slider id=8576]

 Promising 11 Tech Startups

Flipkart Stops Selling E-Books

Flipkart Stops Selling E-Books, Transfers  Business To An Indian Startup

Flipkart, the leading e-commerce portal has stopped selling e-books on its platform from today. This service was launched sometime in 2012, and now the e-books will be delivered by Canada based Rakuten Kobo.

The company said in official statement that the orders already in the queue will be delivered as scheduled. Amount for the books not available in the store will be refunded.

Flipkart Stops Selling E-Books

After Flipkart’s decision to shutting up the e-book selling, Amazon becomes the biggest beneficiary as it can get chance to expand more in e-book business.

Flipkart Stops Selling E-Books