Yesterday, I attended eChai Ventures startup demo day at IIMA Ventures and was truly impressed. 🚀 From innovative student ideas to seasoned founders' implementations and exits, there was much to learn. 🎓 The host, Yash Shah, was fantastic, keeping the session engaging and highlighting crucial factors from his journey. 🌟
A key takeaway was identifying the target audience. 🎯 Whether in product or service, not everyone can be your audience. 🎯 Specificity is crucial in selecting your market. 🎯
Starting with identifying urgent problems is essential, as is the focus on saving time and money while generating revenue. ⏳💰
The startup ecosystem revolves around the team, founder, product, sales, and funding. 🔄 Encouraging the team leads to better performance, which drives sales and attracts funding, further fueling business growth. 💼💡
Interns play a vital role, bringing enthusiasm and quick learning to the team. 🎓 Their presence enhances teaching and training skills, contributing to overall team development. 👩💼👨💼
Importantly, while a good product is necessary, it's not sufficient for success. 🏆 Much more goes into building a thriving startup. 🌱
Last but not the least, pitches from various startups were indeed engaging the audience. Personally, I liked the product presentations from Heatmaphero about giving website page insights and informative dashboard and SarvDhan about identifying customer centric rural finance needs and bridging the gap between unorganised sector and #Banks 🏦/ #nbfcs🪙.
I'm grateful to eChai Ventures, Yash Shah (Host) and Jatin Chaudhary for conducting such a wonderful event and providing an interactive platform for learning and networking. 🙏
A key takeaway was identifying the target audience. 🎯 Whether in product or service, not everyone can be your audience. 🎯 Specificity is crucial in selecting your market. 🎯
Starting with identifying urgent problems is essential, as is the focus on saving time and money while generating revenue. ⏳💰
The startup ecosystem revolves around the team, founder, product, sales, and funding. 🔄 Encouraging the team leads to better performance, which drives sales and attracts funding, further fueling business growth. 💼💡
Interns play a vital role, bringing enthusiasm and quick learning to the team. 🎓 Their presence enhances teaching and training skills, contributing to overall team development. 👩💼👨💼
Importantly, while a good product is necessary, it's not sufficient for success. 🏆 Much more goes into building a thriving startup. 🌱
Last but not the least, pitches from various startups were indeed engaging the audience. Personally, I liked the product presentations from Heatmaphero about giving website page insights and informative dashboard and SarvDhan about identifying customer centric rural finance needs and bridging the gap between unorganised sector and #Banks 🏦/ #nbfcs🪙.
I'm grateful to eChai Ventures, Yash Shah (Host) and Jatin Chaudhary for conducting such a wonderful event and providing an interactive platform for learning and networking. 🙏
The eChai Effect - In Their Words
"We found eChai to be a force multiplier throughout our startup journey. Through it, we connected with folks from DevX, Allevents, Plutomen, and more - many of whom became friends of IndiaBizForSale.com and even part of our clientele."
Bhavin S Bhagat
Co-founder of Indiabizforsale and IBGrid, TiE Ahmedabad President
“When we launched LegalWiz.in back in 2016, concept of procuring legal and compliance services through a digital commerce platform wasn't as prominent in India. eChai played a significant role in providing the early adopters, and building significant positioning in the startup fraternity. Overtime, eChai grew to be a massive network of like-minded entrepreneurs and extended that benefit to all the members in a true "co-rise" spirit. I personally love to attend eChai events, learn from subject matter experts who share relatable and actionable insights and experiences. For startup journeys, it is so important to be surrounded by people who can add relevance, perspective, and push you to do better. Most importantly a group of people where you aren't being judged about things going right or wrong, but be a motivational force that keeps you going, yet keeping you in check. eChai is that place for me!”
Shrijay Sheth
Founder at LegalWiz.in and Hire4Higher Consulting
"I have evolved from role of Community Builder to Startup Consultant to Startup Ecosystem Enabler to Angel Investor and now launching a Venture Studio and eChai has been a catalyst in my overall journey as Startup Evangelist since 13 years."
Mehul Shah
Co-Founder at Counselvise & Ivy Growth
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