AIC Mantra

03/11/2019

Context: The Nobel Prize for economics this year has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for “their experimental approach to alleviating global poverty“. The economists advocated the use of randomized control trials (RCTs) to understand the impact of micro-intervent...

27/02/2017

We normally come across FAQ's from various group of students, start-ups in common forums. Hope this series 'Explore More' would help the audience in larger level.

07/02/2017

Welcome aboard a new start-up under our incubation cell.
AIC team is all geared to work closely and nurture our first start-up (in Fintech Space) starting from refining the conceptualization to prototype and generating a value preposition out of it.

21/01/2017

Start-Up Nursery

Expect a 360 degree view on your idea. At this stage, AIC team will act as a catalyst and provide a comprehensive view to budding entrepreneurs on idea development. Expect to raise your bars by knowing the entrepreneurs point of view on your idea, team check, investor's and government perspective fo...

09/01/2017

Nurturing your Start-Up from Ideation to Early Stage Funding Phase

Expect a 360 degree view on your idea. At this stage, AIC team will act as a catalyst and provide a comprehensive view to budding entrepreneurs on idea development. Expect to raise your bars by knowing the entrepreneurs point of view on your idea, team check, investor's and government perspective fo...

02/01/2017

You feel your product or service has to be a "Crystal clear just right" before you launch.

If you are a first time entrepreneur, beware of choosing a product, service or business model that takes a while to launch. Your may exhaust your runway before you make any traction.
If you take too long to launch, the ship may have already sailed. Your customers may have moved on. The platforms may have changed. The systems may be outdated.

Always identify quick wins and test small incremental mock ups and products while working closely with your customers.

02/01/2017

New Year – a new chapter, new verse, or just the same old story ? Ultimately we write it. The choice is always be ours...

New Year Greetings 2017 from AIC Mantra Team

14/12/2016

AIC Team is excited to attend TIE Global Summit on 16-17th Dec at Taj Palace, New Delhi.

We look forward to enjoy and get insights from the leading agencies of the Government of India, 20+ TiE chapters from India, Singapore, Hong Kong, Australia and Dubai, and global venture capital funds.

07/12/2016

As a founder of your newly start-up, every entrepreneur performs these actions daily, often diving headfirst. Some of the stunts that you may find yourself getting into:

1. As deadlines and demands come your way, you will go through dangerous hoops for those initial first customers and clients. However, this initial push will help build your business for the long term.

2. This is an eternal struggle with entrepreneurs as there is a fine
line with your personal life. Remember that this balance is essential for long term success.

3. Swallowing your pride when compromising with an investor

4. You'll have co-founders, projects, leads, employees, funders, among other things that you'll have to keep in the air. Delegate as much as you can so you can focus.

5. Passing on the legacy - As you swing on the trapeze and you grow your business, plan for passing on your assets and legacy with a long-withstanding company.

Courtesy: EntreprenuerFail

28/11/2016

For any start-up, the most important thing is to get that ‘first customer’ and then finding another customer after that… Search for the low hanging fruit. Often your customer is in front of your nose, but you don't even notice.

Finding can be a painful process and initial blood life of start-up can get disturbed if they fail to get customer in stipulated time. Following are quick checks which can make finding the customer quest bit easier.

1. Understand what problem the product or services solves and define the value proposition
2. Understand the target customer profile
3. Identify where the customers are located and ensure sales and marketing material reach customers where they are.
4. Conduct research to gauge various customer segments
5. Identify customer's ability and willingness to pay
6. Understand the sales cycle and develop a sales funnel.

23/11/2016

Artificial intelligence (AI) is one of the biggest trends in the enterprise technology space today. Some people believe AI would replace humans at the workplace, thereby leading to job losses. Others feel such fears are misplaced and that AI would provide valuable insights for business. Whatever may be the sentiment, one thing is for sure -- Artificial Intelligence is here to stay and radically transform the way businesses work.

Explore more on AI @ http://cio.economictimes.indiatimes.com/dobig/articles/detail/984

A look at some of the key things that CIOs seeking to leverage AI, should keep in mind..

21/11/2016

AIC Team attended few interesting sessions with VCs last week and following are key learning for any start-up.

1) Any angel network predominantly looks for businesses that have high barriers to entry and considerable growth potential.

2) Essence of team- The quality of the management team is important. A team that possesses multiple skills such as technology, sales, finance, HR etc. is considered a major asset.

3) VC's and other allied functions seeks to add value by providing advice and access to its network in addition to money; thus its members are likely to invest in businesses where they have the ability to add such value.

4) For stronger proposition and pitch- one needs to have a MVP which can provide evidence of the validation of their concept.