Post on 14-Jul-2016
description
KREATE29th Feb'16
S T A R T U P S T OE X P E C T G R E A TT H I N G S F R O MI N 2 0 1 67PLUS
Vol 1 Issue 2
E Cell 's
The Master Stroke
Kohli launches fitness chain
Unique Ideas
from the World
COVER STORY
Ratan Tata's Start Up Story
Dear all,
It gives us immense pleasure to present the second edition ofKreate. We bring to you some of the most interestinginnovations of the world and also Indian startups to watch outfor. We hope you enjoy reading!
We are always open to suggestions and feedback.
E- Cell Team
Gaurav MahawarPankaj SomkuwarShwetana Sunkari
From one blaster on fields toanother, Virat Kohli in May lastyear launched his chain of gymsand fitness centres called Chiselin association with Franchise
India. The firm plans to launch atotal of 75 centres in three years,while Virat’s investment in thechain is almost INR 90 crores.
Virat Kholi at the launch of Chisel
Tata Group patriarch and of lateentrepreneur enthusiast Ratan Tata, hasinvested in about 25 startups so far.There are few sectors in India which theTata Group has not left its signature on.Whether it is telecom, software, fashionor groceries, you see its stamp on everyindustry in the country
25 & Counting... Cover Story
7 Startups to Expect Great Things from in 2016
ProductHunt: website to search for cool and new products started out asan email list, but it's quickly grown into a business hub with millions of users.With $7.1 million from venture capitalists, 2016 will be the make or breakyear for this company.
DoorDash This food app will allow you to place orders from wherever youhappen to be to receive food from local restaurants in over 250 cities aroundthe US and Canada. This has managed to gain $60 million in investment.
Boxed: This eCommerce business allows customers to buy householditems in bulk without any membership fee. It's gained $100 million in seriousinvestments.
Luxe Valet: a smartphone app that will allow you to find a valet in yourchosen city. For a few dollars per hour, they will find the parking spot for you.
Medium: a social publishing hub for people who need to publish content inall niches. This was an invite only platform until 2013 when it opened itsdoors to all.
ClassPass : After an initial failure, it reinvented itself through offering a onemonth pass to try up to ten different gym classes in their local studios.Google Ventures took notice and invested in the company. It currentlyemploys around 300 people.
Beepi: changing the way people buy and sell preowned vehicles, it removesthe hassle of finding, negotiating and ultimately buying or selling a usedvehicle. The company is targeting $350 million in revenue this year, up from$100 million last year.
Unique ideas from the world1. USA Mushroom burial suit for sustainable deaths:Conventional burials use harsh and toxic chemicals suchas formaldehyde, as well as valuable resources forexpensive caskets. American startup Coeio offers aservice for a sustainable death via the The Infinity BurialSuit, which is embroidered with special fungi that cleansethe body of toxins and help to break it down over time
3. USA: Life jacket shirt autoinflates when users hit thewater: The Lifeshirt is a new lightweight floatation shirt fromOrlandobased Aegis Safety Products, which inflates onlywhen the user needs it. The Lifeshirt automatically inflateson submersion or under manual activation. It is especiallyconvenient for use in water sports, as it will autoinflate ifsomeone falls unexpectedly into water, and deflate whenthe wearer is above the water line.
2. Canada Posturecorrecting eyewear turnsoff devices: conditions such as backache,headaches and vision problems result from acombination of bad posture and frequent deviceusage. Hoping to prevent this, MedicalWearableSolutions has developed the EyeForcer — awearable for children that monitors their postureand shuts down their devices if they refuse tostraighten up. The EyeForcer is a pair of glassless frames that can be worn daily by children asyoung as three.
Page 5
How to be Creative ?
Q. 1. With which IT co. has Titan recently collaborated for launching the smart watchJuxt ?
Q 2. Film actress Asin got married toRahul Sharma recently. Rahul is thecofounder and CEO of whichcompany ?
Q 3 Where has Tinder set up its firstoverseas office outside of US ?
Q 4. Which Indian company haslaunched a contact less paymentsystem called mobomoney ?
Q 5. Identify this ecommerce co fromits logo. It wants to be the WalMartof ecommerce. It is one of thelargest advertisers on Facebook.
Q. 6 Which fast food deliverycompany’s name was inspiredby Burkina Faso, the land ofthe incorruptible, in Africanlanguage
Q 7. In the start up worldjargon, who or what is a‘dragon’ ?
Q 8. Name the advertiser
1. HP 2. Micromax3. Delhi, India4. Tech Mahindra 5.Wish 6. Faasos7.Startup that is able to raise a 1 Bn $
8.Practo
Answers
PICK ONLY 3 !
“Maintaining friendships. Building agreat company. Spending time withfamily. Staying fit. Getting sleep.”
For suggestions / feedback write to us :e-cell@iimranchi.ac.in
Entrepreneur's Dilemma