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Vol 23/06 January 2020 Patriotism Redefined INDIAN SOAR & HOW ! Food start-ups on a success spree For out-of-the-box travel experience Small businesses, big dreams Know India Better On a sweet trail in mishti land Face to Face Bijaya Jena Great Indians : Ram Mohan | T.N. Seshan | Captain Deepak Sharma KC
Contents January 2020 VOL. 23/06 THEME: Morparia’s Page 02 STARTUPS Start-ups soar and how! 04 Manu Shrivastav Managing Editor Mrs. Sucharita R. Hegde Food start-ups on a success spree 06 Swati Sharma For out-of-the-box travel experience 08 Editor Sagarika Sen Anuradha Dhareshwar Where stays are the finest 10 Nehal Patel Boomtime for AgriTech startups 12 Design Hiren Kumar Bose Resurgam Digital LLP Small businesses, big dreams 14 Kiran Raut Media start-ups grow in sync with net access 16 OIOP Clubs Renuka Goel Nagesh Bangera Know India Better On a sweet trail in mishti land 17 Manjira Majumdar Advisory Board Sucharita Hegde Face to Face Justice S. Radhakrishnan Venkat R. Chary Bijaya Jena 27 A. Radhakrishnan General Printed & Published by Three Malayalam films on elder abuse 31 Shoma A. Chatterji Mrs. Sucharita R. Hegde for One India One People Foundation, Under the vast sky 33 Prof. Avinash Kolhe Mahalaxmi Chambers, 4th floor, 22, Bhulabhai Desai Road, We Came Before You and Other Poems 35 Jawahar Nidamboor Mumbai - 400 026 Tel: 022-2353 4400 Fax: 022-2351 7544 e-mail: oiopfoundation@gmail.com Great Indians 36 oiopsub@fouressindia.com visit us at: RAM MOHAN T.N. SESHAN CAPTAIN DEEPAK www.oneindiaonepeople.com SHARMA KC www.facebook.com/oneindiaonepeoplefoundation
Start-ups – An overview Start-ups soar and how! India has witnessed the emergence of over 40,000 start-ups in the last five years, which have created more than $130 Bn of value. As start-up initiatives get a boost from the government, and penetrate into Tier 2 and 3 cities, India`s start-up ecosystem is scaling new heights, writes Manu Shrivastava. The Happy Place Cafe in Koregaon Park, Pune is a café cum coworking space started by Vamsy K and Anvi M to build a community via different events and workshops. T hat India has a colossal start-up ecosystem in the being a great business idea to fetch decent income, all one world, and is all braced to witness year-on-year needs to do is buy a white board and marker pen. A tuition growth of 10 per cent to 12 per cent; and of the total class can be offered to an individual or larger group, and all it number a fourth are technology-led start-ups, and requires is some basic knowledge on the subject being taught almost three to four tech start-ups are born on an average and a passion to teach. Advertising can be done through every day, is phenomenal to say the least. social media or by word of mouth. And then, there’s Multi-level marketing (MLM), also called pyramid selling, There are a series of factors that make India network marketing and referral marketing, which is a market- appealing as a start-up nation and these include: Cost of ing strategy for the sale of products or services where the doing business, size of domestic market and proximity to revenue of the MLM company is derived from a non-salaried customers and vendors. Following a survey of 150K young workforce selling the company's products/services, while the Indians, it was revealed that for a nation having a whopping earnings of the participants are derived from a seven million college graduates per year, 55 per cent of its pyramid-shaped or binary compensation commission system. youth prefer to work in start-ups over corporates. Not surprising, the median age of start-up founders is 31 years. Here, you need to sell a product of network market- ing company by making a new member directly through you. With 462 million internet users of which a whop- You get commission for selling the product and making ping 80 per cent are mobile-based, India is the second members as you go along. MLM is a great module to ensure largest consumer internet market in the world and offers the good earnings. Products like Amway, Tupperware, Herbalife, best opportunities for start-ups. Avon and others work on these models and are huge hits. Start-ups that are thriving A Travel Agency remains a great business idea and one with low investment too. The industry thrives without There are a string of modest, easy start-ups viable being affected much by the vagaries of economics and in India and available to all and sundry. Top of the list is the political scenarios. People across the world need to travel for quintessential ‘Tuition Class’ that doubles up as the first various reasons. To help them with lodging, boarding and low-cost business and works well across genres. Besides travel, one can start a travel agency, and run it from home. 04 ONE INDIA ONE PEOPLE Jan 2020
And, if you have a camera -- better still a DSLR, to deliver the tiffins. you could initiate a professional photography calling. Professional photographers are in big demand. For this, you The earliest start-up that may come to one’s mind just need a high-definition camera, invest time in learning in India remains the ‘insurance agency’, which is the best professional photography and, then, marketing your low-cost, low-risk part-time business solution. All insurance business. With social media providing the perfect platform agents need is to possess adequate information about their for photographers to showcase their work and seek product, communication skills and convincing prowess clientele, what better and easier start-up then provide a which can earn a fortune depending on the number of professional photography service. policies sold, amounts insured and types of policy. For the common man, In the last decade, hand-made the best start-up remains the gifts as a start-up initiative has ‘Tea-Coffee Shop’ , which almost gained popularity. With a tops the list of low-cost business tradition to gift something to ideas. For this one, all you need someone on some occasion or is to rent a small place or stall to the other, and the preference for sell tea-coffee. Apart from the handmade or customised gifts, basic stove, you will need raw this start-up has thrived like no material for tea and coffee. other. For those creative and Proximity to a college or a place capable of making gift items at of business can get you guaran- home, you have a start-up from teed business and swift success. home itself which, once estab- lished, can be converted into an And, close on the heels online store. of a tea-coffee shop is the ‘Fast Food Joint’ that is almost always Start-up India Learning spilling over with customers. Programme is a free online entre- Today, a lot of people love preneurship programme initiated snacking on fast food, whether by start-up India. The aim here is it’s vada pav, idlis, bhajias to help entrepreneurs get their sandwiches or momos. This ideas and ventures to the next start-up if managed well is level through structured learning. almost always a success. In The programme covers lessons order to start a fast food outlet, on key areas of starting up by one needs to have a place of Chaayos, which serves customized tea and 40plus top founders of India, in their own or rent a place. The snacks is run by Sunshine Tea House Pvt an extensive four-week rentals in metros, especially in a Ltd. It operates 50 cafes across the country programme. city like Mumbai are high. Then, you need to procure permissions It may be mentioned here that from the local authority to start start-up-friendly promises were a your business. You also need to budget your raw materials major part of the ruling government`s manifesto. In just five and groceries before drawing up a menu for customers. It’s years, India has witnessed the emergence of over 40,000 always a case of trial and error before you hit success in this start-ups, which have created more than $130 Bn of value as in most start-up business. from January 2014 to September 2018. Among easier start-up business is ‘Candle Making’ The start-up India scheme has penetrated Tier 2 that’s a home-based low investment business. Candles are and 3 markets as well. With a number of initiatives from the used by everyone for religious purposes as well as decora- central and state governments, start-ups and early-stage tive items. And, it’s extremely easy to make candles at businesses have been given every encouragement and home. All you need is paraffin wax and colours. And, incentive to grow and innovate. nothing like it, if you have some fragrances to boot. With the surge in migration of students and work personnel across India, particularly in urban zones, and good home-made food being the ultimate casualty, ‘Tiffin Manu Shrivastava is a Media Legal Services’ have grown to become a promising business Researcher with Draft Craft Interna- model. Most working professionals and students have little tional, and co-convener of ‘The time and lesser inclination to cook food at home. They Woman Survivor’ initiative that prefer home-made food, and if you have expertise to make documents abuse of women and good food and at low cost, you can start a tiffin service. All children within families. you need to do besides cook the food is to invest in a person ONE INDIA ONE PEOPLE Jan 2020 05
Food start-ups Food start-ups on a success spree Foodtech start-ups have been changing the way we eat. Hot meals, savouries, drinks and desserts reach our homes at the click of a button. And as food aggregators promise quick deliveries and compete with each other to offer huge discounts to customers, it is the latter, who is spoilt for choice, says Swati Sharma. experienced chefs making a variety of world cuisines. Meals are delivered within 45 minutes since they want their custom- ers to eat only ‘fresh’. And then there’s InnerChef, founded in April 2015 by three entrepreneurs and located in Hyderabad, Noida, Mumbai, Delhi, Bangalore, and Gurgaon. Today, it has become one of the fastest-growing food companies in India offering a variety of cuisines including Indian, Asian, European, and Mediterranean. Also, on offer here are detox cleanses and diets with salads and soups to boot. With a presence in 15 major cities of India with 200 plus locations, Faasos allows customers to order food online even after midnight. It is a perfect example of a food chain that went online from offline. Faasos Food Services Pvt. Ltd., commonly known as Faasos, is an Indian ‘food on demand’ company incorporated in 2011 and re-branded as Rebel Foods Pvt. Ltd., in 2018. Faasos has its own kitchen with expert chefs, and offers a great range of meal options and combos delivered right at one’s doorstep in no time, on all days of the year. F ood is now a widely available commodity, and in forms tweaked to the‘t’ and delivered at your doorstep. Another emerging start-up is ‘Biryani By Kilo’ Foodtech start-ups have been changing the way we (BBK) available in a few cities that include Mumbai, New eat. And food being a basic need that one simply cannot live Delhi, Chandigarh, Gurgaon, and Noida and across 14 without, it’s only inevitable for the product to sell widely. locations in these cities. ‘Biryani By Kilo’ offers authentic Hyderabadi, Lucknowi and Kolkata Biryani that’s a big hit With the rise of food-tech and the sea of suppliers with people. Having received an overwhelming response promising and delivering at the click of a mouse, hot meals, from Mumbai’s food connoisseurs and celebrities, ‘Biryani savouries, drinks, desserts, and even ice creams reach our By Kilo’s’ biryanis and kebabs make for the most fresh, homes within moments. hygienic and convenient takeaways for the home as well as corporate parties. Spoilt for choice There are a host of other food start-ups too across Competition hots up for food aggregators urban India. Founded in 2014, FreshMenu operates in Mumbai, New Delhi, Bangalore and Gurgaon. This entity And, on the pan-India front, now armed with a focuses not just on good food but fresh food as well. The whopping $500mn (Rs 3,500 crore), Amazon is all set to menu is changed daily and curated by a team of highly take on Zomato and Swiggy in the food delivery business. 06 ONE INDIA ONE PEOPLE Jan 2020
There are all indications of a head-on confrontation, like Issues such as traffic, parking problems and time Amazon’s rivalry with Flipkart in the online retail. The war constraints have worked to boost food delivery for conve- will be fought on several fronts. And, why not? After all, the nience. That apart, consumers want to have access to quality business is a formidable one too. and variety at the same time. And, even as the demand continues to increase, India faces a big supply gap where It was in 2013, that the Seattle-headquartered consumers in metros and especially tier 2/3 cities not having company launched its India operations, entering a market a wide range of cuisine options. where the country’s most successful start-up Flipkart was busy fighting Snapdeal and the e-commerce arm of Paytm. Running a cloud kitchen is often considered a Today, Flipkart has been sold to Walmart, while Snapdeal ‘cheaper’ option than running a dine-in, in terms of costs and Paytm are not formidable too. such as furniture, decor and space management. Yet, these costs get swiftly substituted to lofty expenditure on cooking To break into the market, Amazon is expected to equipment, chefs and extra shifts. A huge advantage of the charge restaurants one-fourth of what incumbents bill as cloud kitchen is the capital-light and cost-effective model. commission. Swiggy and Zomato charge up to 20 percent Low risk, rentals and workforce requirements for cloud from restaurants. For subscribers of its loyalty programme – kitchens along with easy access to customers through online Prime, food will be delivered for free. aggregators like Zomato help provide the right ingredients for success. Flexing its e-muscle, Amazon will set up cloud kitchens (for delivery-only and no option to dine in), hire There are huge issues when it comes to online delivery agents and reduce the time for food delivery. Lower delivery. For one, the food cannot be delivered late; it cannot prices and cash-backs through the Amazon Pay wallet are set be cold; the packaging has to be good and there should be no to make the competition tougher. leakage. Simply put, there is no time to recover from a delivery error. According to Pune- based Market Research Future, the Indian food delivery market is forecast to be worth $17 Also, with most ordering happening during lunch billion by 2023. and dinner times, agents are underutilised during the rest of the day and stretched beyond limits during peak times. Swiggy, on its part, has raised $1.3 billion so far including a billion-dollar round in December 2018 when it So, the leader Amazon has opted for predictive was valued at $3.3 billion. South Africa’s Naspers is the key technology to help solve the problem of uneven demand for backer of the Bengaluru-based company founded by delivery. Also is being examined the option of putting delivery Sriharsha Majety (CEO), Nandan Reddy and Rahul Jaimini. agents to the tasks of delivering parcels for the retail business when they are not delivering food, providing Amazon a colos- And, so far Zomato has raised $750 million at a sal advantage simply not available to others. valuation of $2 billion and has China’s Ant Financial as its main investor. The Gurugram-headquartered company and Swiggy are on the lookout for more funding. Swati Sharma works with DraftCraft International as a Consumer Rights Activist and writes mostly on issues Besides the world giants, the Indian foodtech and affecting consumers, trends and the law. She has a keen services industry itself has been quite hot. Reports suggest, interest in global trends and relief processes in India. Swiggy and Zomato make up 63 per cent of the total market share in food delivery as per app installs. ONE INDIA ONE PEOPLE Jan 2020 07
Travel start-ups For out-of-the-box travel experience Mundane bulk touring is now a passé. The quintessential traveller today, wants to explore off-beat destinations, and experience life, food and culture of unknown people in India`s hinterland. Sagarika Sen gives us the lowdown on some of the new-age travel start-ups in India that offer unique travel experiences. Sarayu Kamat, a passionate traveller, who feels she needs many lives to experience all that India has to offer, is seen with the Naga tribes at the recently held Hornbill festival in Nagaland. T here are two ways to gain knowledge. One is to options where you can join in a tour hosted by a travel read – relatively boring, and the other is to travel – start-up that holds the promise of a good holiday – one a lot preferred. And, although India continues to that leaves you with fond, niche memories,” she adds. reel under an economic slowdown, travel and tourism industry statistics could surely mislead. The Also, the ways in which one travels have market is set to become a whopping $9 billion industry by changed. Moving away from the regular reviews are apps 2025. And providing the perfect boost is the surge in like Ithaka where a potential traveller connects to a match- new-age travel start-ups and challenging trends driven by ing traveller over a chat conversation. The influencer helps the millennials. the traveller discover the country; identify places to visit, suggest things they could do and other finer aspects. Suddenly, the demographics of the quintessential traveller have changed. He is mostly in his 20’s or early Off-beat destinations, niche experiences 30’s and prefers personalised, carefully curated processes and chooses his destination and modes to the mundane Deviating from the uber luxury promised and ‘bulk touring’ of the past. provided by the usual suspects are a string of travel start-ups offering offbeat accommodation, out-of-the-box “I’ve travelled extensively all over India and trips and interesting treks. Look at The Unhotel Co would hate to do it with a travel and tour company simply launched by Manish Sinha and Shilpi Singh in 2016 because they’d take you to places with everyone together which includes finer local nuances to their getaways. and do the ‘checklist’ and you simply do not have the time Focusing on authenticity of the zone, its people, places, or space to explore finer nuances or aspects of a place or culture and food, this start-up provides a vast array of its people,” feels amateur photographer Yashasvi Menon. offbeat adventures. “It’s only of late that there are a host of sites and online 08 ONE INDIA ONE PEOPLE Jan 2020
Tales & Treasures takes excursions to rural India where tourism is not prevalent. Urbanites are shown the lifestyle, culture and heritage of the villagers. “I had made myriad trips to Gujarat in the past, to the rest of India and the world beyond the regular beach- with friends and family but the one I did with a social justice es and churches,” says Ayushi. tour start-up I found on the EventsHigh portal simply blew my mind,” says businessman Rajesh Gada. It was a Launched in May 2018, Pune-based travel week-long trip to Ahmedabad and from there to Lothal, start-up TraWork aims to provide just the perfect blend of Balasinor, Dwarka and Alang that left Rajesh speechless. “I work and travel. TraWork has conducted two international had simply no idea that there was so much in Gujarat that trips for its customers and has several other international was of global interest (dinosaur eggs in Balasinor) in general and domestic trips in the pipeline, for this year. The punch- and of national interest (the discovery of the underwater city line here is simple yet powerful: Travel as you work, work in Dwarka) so close by yet undiscovered,” felt Rajesh who while you travel. “learned everything anew,” with his equally-ecstatic teen daughter Vaishnavi seeing it all, for the first time too. Gone are the days of bulk travel and tours with most urban tourist/travellers who are keen on availing more India’s travel industry has indeed arrived and with personalised experiences. Mumbai-based Taxidio (which new entrants set on carving their own niches, the means travel in Greek) attempts to offer just the perfect billion-dollar industry has an enviable future. recipe to the discerned traveller. An online DIY (Do-it-Your- self) trip planner offers users the opportunity to enter a few Among start-ups here, in the travel and tourism details about their travel style and preferences and, in industry is TraWork. For the present-day entrepreneur and return, Taxidio generates a list of destinations that matches executive, disconnecting from work is an impossibility. It’s their preferences. now that work tends to treacherously sneak into one’s personal space, in living rooms and within the confines of The start-up provides users with 19 interest your bedroom. No longer are jobs nine to five and they tend parameters, based on which it offers choices, recommenda- to convert into a huge price for the pleasure of comfort and tions and a suggested list of activities and To-Dos to indulge money. in during the trip. For stay, Taxido has an affiliated partner- ship with Booking.com and GetYourGuide.com. “The best way to travel remains, by foot and with locals,” offers Mumbai-based law student Ayushi Zoman Just about every market segment has been under- whose recent month-long trip to Goa with a local start-up going a radical transformation particularly impacted by tourism entity taught her “invaluable lessons in travel.” technological disruptions. With healthcare, education, trade directly hit, travel and tourism sector, plagued by budgeting “I stayed on an island with monkeys, swam with issues and time constraints, problems simply couldn’t be dolphins by my side, had Feni at a local bar, even helped left behind. Bengaluru-based MeTripping uses Artificial local bakers make podi at a bakery,” says Ayushi. And all, Intelligence (AI) search engine, to provide recommendations thanks to the local start-up that had been initiated by a for each individual user’s needs. It has a team comprising Goan NRI who wanted to “pay back” to Goa, India’s small- technologists and data scientists, who help potential travel- est state and his ‘home’. lers make the perfect decisions by scanning mass data. So now, Ayushi plans to start regular trips to Goa with her friends on Facebook after receiving overwhelming response to a suggestion post she placed on Social media. Sagarika Sen works with DraftCraft International as a “I have become an Ambassador for the Rodriguez family Travel Laws Analyst. She helps bridge the gap between that initiated the start-up and on the basis of my personal the law and needs of the industry through research and experience. I feel that there’s so much that Goa has to offer strategic intervention. ONE INDIA ONE PEOPLE Jan 2020 09
Hospitality start-ups Where stays are the finest The boom in tourism sector, the worldwide penetration of internet, the innumerable stay options available for modern-day travellers, the subsequent rise of hotel meta- search engines, etc., are contributing to a robust growth of the hospitality industry in India, says Nehal Patel. T he hospitality industry has emerged as one of the ties with nations all over the world, India is set to become a key growth drivers in India in the service sector. It global business hub. This translates to lucrative business is a sunrise industry and a significant player in opportunities for luxury and economy hotels across India. terms of economic growth, job provider – directly Several international hotel chains are also foraying into the and indirectly – and a huge source of foreign exchange domestic market in a bid to ensure a piece of the pie - the through FDI and tourism. The sheer diversity and scale of hotel industry in India is second to China in the Asia Pacific hotels and lodging options in the hospitality industry ensure region. penetration of numerous start-ups every year and several newer companies and groups foray into this sector with fresh Hotel start-ups in India are diverse and varied. ideas and innovative marketing strategies. Some are backed by renowned and reputed venture capital- ists and angel investors, while others look for innovative The hotel industry in India is a direct result of the ways to set a foot in virgin territories and leave a mark. booming tourism sector. There is a sharp rise in the number Investors are driven by technology-driven models and India, of budget hotels catering to the increased number of domes- the most digitally-advanced traveller nation (e.g. digital tools tic and foreign ‘budget’ travellers and backpackers looking used for planning and experiencing travels) and with an for basic and affordable stay. The booming Indian ever-increasing internet penetration is a natural draw for middle-class with an increasing disposable income are serious investors from all over the world. These investments contributing significantly to the growth of the hospitality have given a big boost to the hospitality industry and several sector that accounts for 7.5 per cent of India’s GDP and is start-ups are now able to procure funding from international expected to grow at 16.1 per cent CAGR (Compound annual venture capital firms. growth rate) by 2022. Some successful start-ups in India Besides, the industry contributes significantly in terms of revenue to the nation at state and central levels Of start-ups with phenomenal growth, MakeMyTrip through direct and indirect tax revenue – GST, VAT, luxury was founded by IIM-Ahmedabad alumnus Deep Kalra in tax, service tax, etc. 2000, primarily to cater to the overseas Indian community for their US to India travel needs. In September 2005, Also, with increased FDI and growing economic MakeMyTrip started Indian operations offering online flight 10 ONE INDIA ONE PEOPLE Jan 2020
tickets to Indian travelers, and began to focus on non-air businesses like holiday packages and hotel bookings. Within Zostel, founded in 2013 in Jaipur, started as a ten years of its inception, on 17 August 2010, MakeMyTrip chain of backpacker hostels and managed to raise a signifi- Limited was listed on the NASDAQ after its initial public cant sum in capital investment. The motto behind this offering. In 2016, MakeMyTrip and Ibibo Group, India's start-up was to ‘promote travelling as a way of life’, particu- largest travel booking portals, merged through a stock trans- larly for budget travelers, so they could avail safe, clean and action - one of the biggest acquisitions in India's online travel economical social accommodation. By 2017, Zostel had space. top-rated hostels at 38 locations in India and Nepal. Among hotel start-ups in India is Lemon Tree Hotels The start-up is now venturing into international – said to be India's largest hotel chain in the mid-priced hotel partnerships in the South East Asia region and aiming to sector and the 3rd largest overall, in terms of controlling strike ‘deals’ in at least ten cities in Thailand, Vietnam, interest in owned and leased rooms, according to the 2017 Indonesia, etc. The USP of this chain is that it is service-ori- Horwath Report. It was founded by Patanjali (Patu) Keswani ented and promotes picturesque locations, authentic local and opened its first hotel with 49 rooms in May 2004. Today experiences, all for a backpacker. The founding team see it operates under seven brands: Aurika Hotels and Resorts themselves as ‘pioneers of travel’ and not ‘hostel operators’. (upscale), Lemon Tree Premier (upper midscale), Lemon Tree Hotels (midscale) & Red Fox by Lemon Tree Hotels (econo- Another technology-driven, traveler-friendly start-up my), Keys Prima (upper midscale), Keys Select (midscale) is Room On Call that allows business travellers to book hotels and Keys Lite (economy). online, across Indian cities and offer several deals and discounts in the process. Founded in 2015 in Gurugram, the Its hotels in India are located in major destinations start-up raised USD two million in its first year itself in a such as Ahmedabad, Alwar, Aurangabad, Baddi, Bandhav- round led by CASHurDRIVE. garh, Bengaluru, Bhiwandi, Chandigarh, Chennai, Coim- batore, Corbett, Dehradun, Delhi, Gangtok, Ghaziabad, Goa, Gurugram-based start-up Fabhotels, a budget hotel Gurgaon, Hyderabad, Indore, Jaipur, Katra, Kerala, Manesar, aggregator founded in 2015, raised nearly USD 35 million Noida, Patna, Pune, Siliguri, Srinagar, Tiruchirappalli, through investments from Accel Partners and Goldman Udaipur, Vijayawada and Vadodara. (can delete if space Sachs, a huge amount for an early-stage start-up. In the last constraints.) couple of months, Fabhotels have witnessed a significant increase in sales growth. There are plans to operate 105 hotels with 10,500 rooms, across 66 cities in India and abroad. Lemon Tree US-based company Airbnb started operations in Hotels went public in early 2018, and got listed on the India in 2016, and has collected about 45,000 listings in National Stock Exchange of India (NSE) on 9 April 2018. India since. The major share of its listings, about 6,000, are in Goa also the most popular market. Airbnb has announced OYO is the world's third-largest and fastest-growing new measures to penetrate further in the domestic market hotel chain of leased and franchised hotels, homes and living such as including Hindi and other vernacular languages for its spaces and India’s biggest success story in the hotel industry. users and interfaces. The number of guests using Airbnb has The chain that started with one hotel in 2013 now marks its doubled since its launch and almost two million Indians have presence in more than 800 cities with more than 23,000 used Airbnb so far. hotels, 8,50,000 rooms and 46,000 vacation homes, world- wide. OYO’s success lies in its ability to generate a list of There are many young professionals who have pocket-friendly hotels and good booking deals. donned roles of budding entrepreneurs in the hospitality industry. B-school graduates are venturing into the industry OYO quickly expanded to Indonesia and difficult as full-time professionals, freelancers and even starting their global markets such as UK, USA and China where it is the own ventures with innovative ideas and strategic marketing to largest single hotel brand with a presence in 337 cities across draw the ‘new traveler’, a market with huge potential. 10,000 hotels. The rapid success of the hotel chain has attracted huge investments from Japan’s SoftBank, China Lodging, Airbnb, etc., and since September 2017, the start-up has raised USD 2.5 billion. Bengaluru-based seed venture, Colive is an aggrega- tor offering fully-furnished, fully-managed and budget-friendly service apartments. Colive provides an online platform for people to search serviced homes in specific areas in proximity Nehal Patel works with DraftCraft International as an of IT parks and business hubs. Other perks include amenities, Inclusive Tourism Researcher and works extensively with professional housekeeping, secured premises, high-speed policy material on the industry. She helps breaks down internet, etc. The technology-enabled network now provides the official jargon for the benefit of state players and ‘home’ to more than 20,000 single professionals and young stakeholders. couples. ONE INDIA ONE PEOPLE Jan 2020 11
AgriTech start-ups Boomtime for AgriTech start-ups With over seventy percent Indian households still dependent on farming, the agricul- ture sector holds a huge potential for AgriTech start-ups. Modern technology, avail- ability of good quality farm data, a better regulatory environment for startup funding, and cheap internet connectivity are some of the crucial factors leading to a thriving startup ecosystem, writes Hiren Kumar Bose. have a 40 per cent lower yield than irrigated farmlands. Then there are issues like fragmented land holdings, decreasing groundwater levels, and poor quality of seeds. The list seems endless if you include factors like lack of price transparency and a poor supply-chain process. Interestingly, the AgriTech startups have brought a breath of fresh air to the sector. However, countries like Israel, China, and the US have demonstrated that an assortment of technology such as the introduction of hybrid seeds, precision farming, big data analytics, artificial intelli- gence, geo-tagging and satellite I ndia’s agriculture tech startups are undergoing a boom, with funding in the first half of 2019 jumping over three-fold compared with that in the previous year, a recent report mentioned elaborating on the coming of monitoring, mobile apps, and farm management software can be applied at every stage in the agriculture process to increase productivity and farm incomes. If these countries can do it, why can’t India? age of AgriTech. According to the United Nations, the world will Applying modern technologies to the agricultural need to produce 70 per cent more food in 2050 to meet the sector with the aim to enhance produce, efficiency and growing demand, and technology can help in increasing revenue is the idea behind AgriTech. The concept may also agricultural output. Several global organisations are develop- be applied to the associated sectors of aquaculture and ing new solutions for agriculture. The global precision horticulture. farming market is estimated to cross US$5 billion by 2023 and grow over 10 per cent per annum during the period With over 70 per cent Indian households still 2016–2023. The global agriculture robot market is estimat- dependent on farming, the agriculture sector holds a huge ed to grow at a Compound Annual Growth Rate (CAGR) of potential for AgriTech startups. Digital transformation and 21 per cent and touch US$11 billion by 2023. In tandem the start-up ecosystem are playing a significant role in bring- with these global trends, several startups have recently ing innovation and disruption in the country’s agriculture emerged in the AgriTech space in India. sector. Technology firms are trying to break into the agricul- tural landscape using newer business models. The sector holds tremendous potential for technol- ogy adoption, considering the sheer size of the population India can learn from Israel, China and US involved. According to McKinsey Global Institute, the application of various digital and agronomic technologies Before we venture further let’s understand what can have an economic impact of US$45–80 billion annual- ails the agriculture sector, and more importantly, why lyby 2025. Not just that, 90 million farmers could potential- farmers` kids are shying away to become one. Farmers still ly raise their incomes, 200–250 million Indians could rely on manual labour – from sowing to harvesting; there is benefit from better nutrition from abundant harvests and as over-dependence on monsoon, and the rain-fed farmlands many as one million Indians could find decent job opportuni- 12 ONE INDIA ONE PEOPLE Jan 2020
ties as computer-equipped farm-extension workers. Zealand, guavas and passion fruit from Thailand, avocados from Mexico, and pears from the US. AgriTech startups in India are working on an assortment of issues like enhanced supply chains, using big • Founded in 2010, Ecozen Solutions develops technolo- data analytics and artificial intelligence to optimise farm gy-enabled products to strengthen the farm-to-fork value management, focusing on the financial aspect of farming, chain of perishables, with a focus on renewable energy and providing actionable insights to farmers, image sensing for sustainable development. Based in Pune, Ecozen has devel- quality assessment, storage monitoring based on the oped two products so far – Ecofrost, a portable cold room Internet of Things (IoT)and digitisation of local markets. that maintains a low temperature, and Ecotron, a pump controller for irrigation. Both are solar-powered. Approxi- Presently, the country hosts more than 450 mately 20,000 farmers in India have used their products, start-ups in the agriculture sector, according to the NASS- the company says. COM report. The sector is growing at a rate of 25%, year on year, and has over the recent years witnessed some of the • Jaipur-based FreshoKartz aims to integrate farms, global and sector-focused funds directly investing in farmers, vendors, traders, and customers on a common AgriTech start-ups. platform to structure the agricultural sector. Founded in 2016, it provides agri inputs to farmers through all crop What AgriTech start-ups can offer cycles and claims to augment their income by 50 per cent. Apart from soil data-based crop and fertiliser recommenda- A few illustrations will help what AgriTech start-ups have to tions, it also delivers quality seeds, pesticides and fertilisers offer: through its network of physical centres. It is targeting one centre for every 10,000 farming population. • FIB-SOL Life Technologies develops low-cost bio-fer- tilisers that help farmers to improve crop yield and soil • Chennai-based Aquaconnect’s AI-powered platform is quality. It also aims to improve product shelf life for manu- helping India’s shrimp farmers fight diseases and cut losses. facturers, help suppliers stock inventory efficiently, and Its app, FarmMOJO uses big data and AI to advice farmers boost farmers’ income as well. They offer three products on their pond operations. In addition to the inputs, the under GEL and DROPS which contain microbes that provide application also takes into consideration the data captured nutrients to make farmland more fertile for cultivation. by IoT or smart farm management platforms. In the two years since inception, Aquaconnect claims to have brought • Bhopal-based startup AgriGator is building a platform 3K farmers on board and has generated a revenue of Rs directly connecting grain traders, food processors, wholesal- 2.4 Cr in FY18. ers and logistics providers for efficient and transparent trade and transport. It is presently doing business with 200 local • Founded in 2016, AutoNxt envisions a tractor-sharing traders in nearby 11 mandis (markets), 15 food processors platform to reach more farmers and make its tractor more and more than 500 carrier providers. They plan to expand affordable. The Mumbai-based company’s prototype auton- their operations to 10 cities in next one year. omous electric tractor has been developed for a range of farming operations including tilling, spraying pesticides, • Launched in 2016, VilFresh provides village-fresh agro ploughing, sowing seeds and more. AutoNext wants to first and milk products to people in Coimbatore. It also supports sell to grape cultivators in wine-producing regions such as the livelihoods of small-holder farmers and rural youth. So Nashik and Karnataka. far it has provided employment opportunities to over 2,000 individuals. VilFresh has identified its priorities as the three Availability of good quality farm data, a better Es - enriching farmers, empowering rural youth, and regulatory environment for startup funding, and cheap exciting urban customers. internet connectivity are some of the crucial factors leading to a thriving startup ecosystem. The increasing penetration • Mumbai-based FreshVnF founded in 2018 uses machine of budget smartphones, cheap access to high-speed learning (ML) to optimise a farm-to-fork supply chain by internet, and the growing regional online content are helping connecting farmers with hotels, restaurants and cafes. B2F (Business to Farmer) companies with direct access to Claiming to have delivered more than 15 tonnes of fresh farmers. With the given pace of investments, AgriTech produce per day to more than 300 clients, it is now aiming sector may soon take the centre stage of India’s transforma- to provide fresh farm produce to the end customer within tion. 16 hours of harvesting. • Fruit Box & Co, an e-commerce platform based in Delhi with B2B and B2C verticals, provides healthy alternatives Hiren Kumar Bose is an independent to snack on fruits. So far it has tied up with over 500 media professional who writes on farmers, wholesalers and importers. Their fruits are sourced development issues. from different countries across the world. While bananas, mangoes, oranges, grapes and strawberries are mainly produced locally, they import apples from the US and New ONE INDIA ONE PEOPLE Jan 2020 13
Trade start-ups Small businesses, big dreams Hundreds of small enterprises such as bakeries, convenience stores, day care cen- tres, and a host of traditional and new service providers, comprise a formidable com- ponent of India`s start-up eco system, today. These businesses are not only growing remarkably, but contributing significantly to the country`s economy, says Kiran Raut. Coffee shop chains such as Starbucks are realising that they can be able stewards of environment Sisterhood Co., a weddings and events full coverage start up with an all woman team shooting photography and video. The company was founded by its two partners, Natasha Hemrajani and Labony Kaushal, two talented women photographers who wanted to bring the softness and nuance of the female perspective into the business (Image copyright : Sisterhood Co.) T he small traders segment in India has been expand- stores, restaurants, photographers, travel agencies, baker- ing constantly and contributing to the country’s ies, hairdressers, convenience stores, guest houses, day economy. It is the generic boost registered by cares and even small-scale manufacturing units. start-ups across India that is the reason for most sectors, both traditional and new, to have registered signifi- Regulatory requirements vary for each category of cant growth. Small traders comprise a formidable compo- small trading entities. Some may require just a license to nent of India’s start-up ecosystem. operate while others are more heavily regulated and even need inspection and certification from regulatory authorities. A small trader, by definition, is an investor who owns or trades a set of options or futures whose value is Clothing and apparel, an evergreen industry, is lower than the requirement for registration and reporting. one of the largest in India and spawning numerous Consequently, small traders are exempt from several require- start-ups that are striving to gain more market share and ments that large traders have to fulfill normally. Less relaxed increase visibility. The Indian fashion industry is a fertile regulatory norms offer higher flexibility and leverage to run ground for producing big and small start-ups in the small trades. Also, handling lower volume of orders or ready-made and self-made clothing categories. In cities investments as compared to larger enterprises guarantees such as Delhi, Kolkata and Mumbai, there is a ten-fold more freedom to set up a strong foundation in the beginning. increase in demand for good tailors due to increase in the popularity of self-made designs. Fashion-conscious If you look around, there are hundreds of small customers are constantly in search for unique styles and trading enterprises or businesses in your vicinity - grocery designs. 14 ONE INDIA ONE PEOPLE Jan 2020
Many young professionals are moving out of their as a brand and establish your name in the industry as a daily jobs to start something of their own, and the garment chef, food writer, cookbook author, cooking show host, food industry is a big draw. Clothing stores, small-scale garment blogger, etc. Sanjeev Kapoor, Nita Mehta, Ranveer Brar, factories, sub-contracting works, fashion consultancy, Saransh Goila are some of the names that rule the roost. printing and embroidery units and garment wholesale business are mushrooming even in Tier-2 and Tier-3 cities in Event managers and service providers India owing to reasonable investments such as rental space, electricity, stitching and sewing machines, semi-skilled One of the most popular start-up ventures is event labour, etc. management and as an extension to that – wedding planning. The foremost requirement of this industry is Food, fashion and accessories networking and managing. Online networking and market- ing through social media apps, websites, event listing With the growth of fashion industry, subsidiary portals have increased the potential of this industry and also areas of business have increased simultaneously - jewellery, the competition. The clientele has to be built carefully as it footwear, handbags, etc., to name a few. Ethnic and fashion is service-oriented. Event managers and wedding planners jewellery, both traditional and customised are in huge are mostly outdoors scouting for venues, meeting sponsors, demand. Many jewellery brands have set shops. Young men pitching to clients, arranging vendors for different parts of and women after undertaking courses in jewellery design the event or wedding. The cost to start the business is often open their own stores and build their client base gradu- almost negligible as it only needs a sharp, creative mind- ually. It is important to strike good deals with the manufac- good with good social and managerial skills and marketing turers of raw materials to increase profit margins. strategy. Wedding planners especially are always in demand and the biggest investment for a consultancy is an Everyone who has panache for cooking or baking, impressive website showcasing previously-arranged dreams of having one’s own outlet at some point. Many weddings, memorable photo-shoots, testimonials, etc. youngsters are taking up cooking as a full-time profession and do not mind starting from the scratch. The flurry of food Service providers are a new segment in the Indian delivery services and apps have made the job much easier, small trading and small businesses segment. Day-care as they can list themselves on these apps and ensure services for children are much sought after. However, regular business. Food trucks are also quite popular that similar services for pets, elderly and the disabled are slowly have witnessed several rags-to-riches stories. getting popular. Working couples are always looking for facilities where their loved ones can stay while they are Prem Ganapathy, who started off by selling idlis away at work --- a niche need for urban life and nuclear and dosas on a hand cart in Vashi, Navi Mumbai, now owns families. Such facilities need trained care-givers and proper- a chain of luxury restaurants. In the restaurant business, the ly supervised staff and premises. investment is small, sometimes requiring just a license to serve food and the returns are high considering the growing India is presently the world’s second-largest appeal among urban masses. Breakfast and tea shops, fruit telecommunications market with a formidable subscriber juice stalls, fast food joints are also lucrative options to set base of 1.20 billion people. Increased mobile phone a foot in the industry. penetration of the scale translates to consumers subscribing to mobile services, data services, etc. Consequently, many Bakery is one of the largest food-processing indus- new ‘recharge shops’ that are primarily agencies have tries in the country as the products are popular all over. To cropped up, both in urban and rural India, to provide start a bakery business is easy - in rental spaces, shared services to mobile phone users. The ‘agency’ is a profitable spaces and even at homes. There are several big names that venture given the ever-growing number of subscribers and have taken years of persistence and hard work to make a requires only an investment in space. Many people even name for themselves. The market is ripe for such enterpris- carry out the agency work from the confines of their homes. es and the future lies in online food-based services, especially for baked goods. Small businesses form the backbone of our econo- my and our society. With supportive regulatory machinery “I started my bakery business at home, and with and reach of internet in homes, many more are coming up cakes particularly as that’s my specialty,” says Pune-based everyday touching all aspects of our lives. And, they’re here Sana Merchant who receives multiple orders everyday only to stay. by word of mouth and has also ventured into other bakery items. “Eventually, with more liquidity, I could invest in additional items such as boxes, bakery decors, etc.” she says. Kiran Raut works with DraftCraft International as a Trade Laws Activist and researches on industry trends Besides making and selling, it’s the demand for and legal issues. She is presently working on a paper teaching how to bake and cook that’s also on the rise and dealing with Perception and Trade. many passionate individuals have turned this around as well. It is probably one of the best ways to present yourself ONE INDIA ONE PEOPLE Jan 2020 15
Media start-ups Media start-ups grow in sync with net access The digital media journalism start‑ups in India are aiming to seize the huge opportuni- ty represented by explosive growth in internet use across the country in recent years, writes Renuka Goel. The rise of internet and social media has forced many print media entities to adopt digital formats O ver the last decade, the traditional media has been a paltry nine per cent growth, the going is indeed incredible hit like never before. With soaring costs of produc- for India and particularly so, its media startups. tion, distribution and other associated functions of the industry, print media was hit the worst. Viable In order to attract overseas players, the government and cost-effective options like digital media and online is considering relaxing foreign direct investment (FDI) norms entities only hastened the process. It was only inevitable for in several sectors, including single-brand retail trading and traditional media entities to shed their sluggish avatars and digital media. Also, the Union government is looking at a adopt digital miens. clarification on applicability of FDI policy in the digital media sector. This is needed as the present FDI policy is mum on It was the rise of mobiles and internet in India that the fast-growing digital media segment. kick-started a surge of digital start-ups curating and covering news on social media and mobile apps. According to Reuters Through the government approved route, in all, 26 Institute for the Study of Journalism, Indian news start-ups per cent FDI is allowed in the print media sector. Also, in have been prioritising mobile-optimised websites and rightly broadcasting content services, 49 percent FDI is permitted so. To boost their India presence, lofty brands such as Buzz- through government approved route. Feed, Quartz, and The Huffington Post too began to make their local presence felt. And, in keeping with the trend, FDI is hugely useful in improving the nation’s many Western media brands have been forming partner- balance of payments situation and strengthens the rupee ships with Indian media players too. The Quint, for instance, value against other currencies, especially the US dollar. has partnered with Bloomberg and created an entity called India possesses the fastest growth in the number of internet BloombergQuint. users in the world, and a diverse legacy of news media sector in both print and broadcast. With the internet in India growing at a rate of 40 per cent year-on-year and the rest of the world tapering off at (continued of page 30...) 16 ONE INDIA ONE PEOPLE Jan 2020
KNOW INDIA BETTER On a sweet trail in MISHTI land Besides the staple rosogolla, sandesh and mishti doi, Kolkata is well-known for its array of desserts that come in a variety of shapes, sizes, textures, colours and flavours. Even as the old ones sustain, new delicacies have evolved, with the traditional sandesh getting a great deal of makeover. Text & Photographs : Manjira Majumdar
The newly opened Bangla Mishti Hub offers a variety of sweets under one roof (above); Sitabhog resembling rice and chanar pulao (right) S ometime back, the West Bengal Tourism Corporation came up with the tagline, “Welcome to Bengal, the sweetest part of India”, with Shah Rukh Khan as its brand ambassador. Perhaps the idea behind this was to promote its cuisine alongside, known for its array of desserts, or mishti. One can avail of a number of sweet trail walks and customised tour packages to visit places where a particular mishti has its origin. The city of Kolkata, however, ultimate- ly showcases a variety of sweets through innumerable halwai or confectionary and the latest addition to this is the Mishti Hub set up at Eco Park in Rajarhat, a new township flourishing on the eastern part of the city. Under one roof a variety of specialities of various sweet confectionaries are on offer here. Bengali sweets are not just about rosogolla, sandesh and mishti doi (sweet curd). These are the staple made of cottage cheese or chhana, a trick learnt from the 18 ONE INDIA ONE PEOPLE Jan 2020
Portuguese. Hybridised into such an extent that we have had are derivatives of Turkish and Iranian delights such as strawberry and kiwi flavoured sandesh to even cocoa balushahi, sohnpapri, gulab jamun to name a few. flavoured ones. The slightly chocolate flavoured sandesh is today fused with so much chocolate that it is hard to tell it Fourth, the local ethnic communities have added from a real chocolate. We will come to why this happened. their touch with besan or moog ka laddoo, barfi and even a In addition, we have tarts which are pastry crusts holding seasonal winter delight ghewar, very popular in Rajasthan. certain traditional sweets which are baked instead of fried or Chains of halwai ending with, Ram such as Ganguram, steamed. Not to mention a certain brand that has perfected Haldiram, Bhikaram, Bancharam dot the cityscape, and the sandesh soufflé. stock a mix of sweets, in addition to savouries. However, even if some sweets of Bengal may have its origins outside The origins of Bengal sweets the state, a whole lot of shops in North India go by the name of Bengal Sweets. On the other hand, the creative moira/mo- But start at the beginning we must. In ancient texts, dak/halwai or sweetmeat maker in Bengal, under the patron- we have a mention of milk based desserts but it was not until age of several rulers, perfected the art of sweet making. They Bengal learnt the art of making chhana, that is, curdling milk innovated and tweaked several styles to come up with some with an acidic agent like lemon and separating the milk presentations and even if these are not original per se, they solids that chhana-based sweets emerged; a positive are definitely unique to this region. outcome of Portuguese influence. The khoya/kheer or thickened or dried milk-based sweets are more popular The sweet spongy rosogolla, made with chhana, is elsewhere in the country; namely the north. said to have been a discovery of Nobin Chandra Das, a famous sweetmeat-maker in the 19th century at his north Bengal too has its range of khoya/kheer based Kolkata residence. He boiled the cheesy balls in sugary syrup sweets. In fact there are broadly four categories of sweets in to give us this sweet, now made popular by the K.C Das this state. In addition to chhana-based sweets, there is chain of shops, named after his son. Now rosogolla comes in ‘kheerer mishti’ or sweets made with kheer; the third catego- all sorts of flavours – strawberry, pineapple and its bigger ry would be variants of north Indian sweets, some of which cousin is the pale yellow rajbhog, meaning fit for the kings. Paan sandesh ONE INDIA ONE PEOPLE Jan 2020 19
Baked mihidana tart In 2016, the WB government applied for the Geographical Identification (GI) tag for the rosogolla and a bitter battle was waged over the tag by Odisha government, which claimed the sweet to have originated much earlier in the latter state. But ultimately, WB received the GI tag because it was established that the sweet from Orissa was different in colour, texture and somewhat taste. Red and black in colour Likewise what is gulab jamun (plum) in most other states is known as pantua in Bengal. Reddish brown in colour, it is deep fried but the filling is again made of channa, sometimes mixed with semolina and flour, instead of khoya. Rose water and cardamom are added to the filling and when fried to a deep black, it assumes the name of kalojam – or black jamun. The channa bora – a speciality of Murshidabad district is like the rosogulla inside and very crusty black pantua outside! The story behind the pantua, served in weddings, is that it is also known as the ‘ledikeni’. Confectioner Bhim Chandra Nag, another famous eponymous sweetshop in north Kolkata, renamed the pantua, Lady Canning on the occasion of the birthday of Lady Charlotte Canning, wife of the Governor General of India, Charles Canning. Over time, Lady Canning was corrupted to ‘ledikeni’. Sweet samosa or shingara 20 ONE INDIA ONE PEOPLE Jan 2020
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