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. 🙏