Latest eChai Startup Feed
 
Biziverse: The Business Universe

What We Do

Biziverse, our startup, offers a single platform for Indian businesses to manage their operations and get new business opportunities.  It covers ERP & CRM software tools, along with various B2B platforms, thus serving as a "Business Universe".  Further, it simplifies ERP & CRM software and makes it very easily affordable, so that even the smallest business can be empowered to become a smart business.

How It All Began

The idle time during the Covid19 lockdown inspired us to wonder why, despite there being hundreds of ERP software options, most small businesses have been unable to apply technology beyond accounting and spreadsheets.  We set Rs. 1000 to 2000 per year as the target price, and designed a business model and optimized systems to deliver easy and low-cost ERP software profitably.

What Makes us Tick

Biziverse makes business software (ERP & CRM) more than 10X lower cost for growing businesses, while offering faster and better support.  Even while thousands of businesses access it every day, our team of hardly six support executives maintains a response time of under 2 minutes, even on Sundays.  Our system designs for sales automation, support optimization, and scalability make this possible.

Traction So Far

Frankly, Biziverse has exceeded our own expectations so far. In the four years since our launch in late-2020, more than 44,000 businesses have purchased a Biziverse subscription.  These range from small shops to large publicly listed corporations, located across India, from Ladakh to Lakshadweep.  We have raised about Rs. 4.5 crore, and operate on a gross-profitable basis.

Meet the Team

The culture of our startup combines traditional family principles with youthful energy for creative disruption.  Each of us founders (my father, brother, and I) studied and returned from the US with the passion to participate in India's growth, and Biziverse is built with this mission as well.  We work with a highly empowered team of talented engineers and managers, recruited from some of the best universities here, who share this spirit that by building smart businesses, we can make a Strong India.

Tapping Into Emerging Trends

It is wonderful to see that Indian entrepreneurs, of every size and demographic, are more aspiring than ever.  They have embraced mobile and Internet technology.  Governmental reforms like GST, UPI, and low-cost Internet further encourage this trend.  As these businesses face competition from global suppliers and funded startups, they increasingly see the usefulness of smart tools like ERP and CRM to become efficient and customer-centric.  Our low-cost pricing and easy interface inspires them to choose Biziverse first.

Challenges We’ve Overcome

Our biggest challenge has been to optimize customer acquisition.  While our operating costs, second year onwards, are hardly Rs. 10 per customer, and our support is also very optimized, our biggest cost is sales, especially as some of our competitors have more than 100X our financial muscle.  We resolved this by tweaking our business model, and offering the first year at only a token price, while assuring a fairly low renewal rate next year.  This encourages businesses to give Biziverse a chance first.

Where We're Headed

Biziverse stands for and aims to be the "Business Universe".  Even as we started with ERP and CRM software, we channel the attention of business users to actively participate in our platforms to find business opportunities, to promote their creations, to find better vendors, and to build synergy with other businesses.  We will soon launch partnerships to offer external services to businesses, ranging from travel to recruitment to advisory services.  Thus, Biziverse will be the single source for business owners for operations and opportunities and more.

How the eChai Community Can Help

eChai has been a wonderful source for us to learn from peers, as we interact with other progressive startups pursuing diverse spaces.  In the coming future, we count on eChai to connect for potential B2B partnerships and VC fundraising.

Join Us on Our Journey

The Biziverse.com website, post sign-up, is rich with information about our ERP & CRM modules, online demo, our company background, and more.  We also welcome you to plan a visit to our campus at the green city of Gandhinagar, where we get to work with not only talented teammates, but even many beautiful birds, especially playful peacocks!

Demo Video

 

Entrepreneurship is the driving force behind the growth of a nation, and last week, I was amazed to see how Entrepreneurship Development Institute of India contributes towards building that force!

Joining eChai Ventures' 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗚𝗿𝗼𝘄𝘁𝗵 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻𝘀 at EDII's 𝗦𝘁𝘂𝗱𝗲𝗻𝘁 𝗜𝗻𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗲 gave me a glimpse of the passion and talent of tomorrow's entrepreneurs, currently being trained at EDII. Their questions and active participation convinced me that our startups of tomorrow are going to be even more successful and transformational for our nation.

Hats off to the management, faculty, and staff of EDII for creating an atmosphere and academic experience that inspires and nurtures our business leaders of tomorrow.

Jatin Chaudhary | Syed Nadeem Jafri | Himani Kankaria | Amit Panchal | Hardika Patoliya
It's wonderful to see the startup scenario in Gandhinagar picking up pace through events like yesterday's 𝗲𝗖𝗵𝗮𝗶 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗦𝗼𝗰𝗶𝗮𝗹 𝗶𝗻 𝗚𝗮𝗻𝗱𝗵𝗶𝗻𝗮𝗴𝗮𝗿!
🌟eChai Startup Social in Gandhinagar x GNLU🌟

Pleasure hosting the eChai Startup Social in Gandhinagar x GNLU!

It was an amazing opportunity to connect, share, and collaborate with fellow entrepreneurs, educational leaders, and enthusiastic professionals and students. The small group setting facilitated candid conversations and meaningful exchanges, making it a truly productive gathering.

Here's to more such events that foster innovation and collaboration in the startup ecosystem!

Stay Tuned!🚀

- Ekta Shah, Co-Founder & CEO of Biziverse
- Vishal Dhamecha, Founder of Rhyno EV
- Rushirajsinh Jadeja , A1 Acid Limited
- Harshal Patel, Caxsol
- suraj soni, Cybx Technolabs
- Gajanan Pawar, Team Building Coach from Kreedatantra
- Niravkumar Suthar, Assistant Professor, Computer Department,VGEC
- Zahinraza Asaria, VC Fellow - Anthill Ventures
- Jaydip Solanki, Senior Odoo Developer
- Rohit Kuntal, Event Organiser
- Govind Prajapati, Innovator
- Taksh Patel, Innovrative

Jatin Chaudhary | eChai Ventures | GNLU Legal Incubation Council GLIC | Gujarat National Law University
Being a startup entrepreneur is far from easy, as I've realized from my experience at Biziverse.

You must excel at making the product, managing finances, ensuring compliance, motivating your team, what not. One mistake and you face a disproportionately large punishment.

You cannot even expect support from the society. Some may look at you as a fool despite your multi role excellence everyday, or as an entitled "seth" even as you face nightmares of how to manage your next payroll. To them and to others, you must maintain the facade of "sab theek thaak hai" (everything's great).

This is where I realize the value of these three kinds of people: (1) Co-founders, as they share and lighten the challenges; (2) Investors, as they truly wish you well and help solve the critical challenge of finances, and (3) Startup communities like eChai Ventures, as you gain inspiration and wisdom from fellow entrepreneurs and their similar experiences.

We must realize and appreciate the roles of these three support sources, and even give back and give forward as much as we can! 😊
Conversations with startup founders can be so jam-packed with energy, insights, and ideas! And these are even richer in a casual setting, like at today's Social event by eChai Ventures.

It was a pleasure getting to know you,
Janvi Tiwari - Founder, SOQO Janvi Tiwari
  and
Srijan Sharma Srijan Sharma
  ! Your energy and mission are very inspiring - all the best for the road ahead. 😊
Learnt so much from a very inspiring talk last week!
 
Thank you Saurabh Garg of the famed unicorn NoBroker, for sharing your valuable guidance for how Biziverse can also accelerate towards becoming a unicorn! 😊

Thank you very much eChai Ventures and VentureStudio for facilitating such valuable interactions!
Launched regno series and secured angel investment
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Hi guys I am a fourth-year undergraduate student at DA-IICT, Gandhinagar. I’m doing research on software engineering practices of startups. I’d be very grateful if you could tell me about how is requirement gathering carried out at your startup (if at all it is) and what are the problems that usually turn up? Thank you so much!
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