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iSPIRT – Indian Software Product Industry Round Table is a non-profit think tank formed by leading practitioners of the industry
to assist in the cause of building a healthy, globally-competitive and sustainable industry. Visit www.ispirt.in for more details.
The Next Google can
come from India
Thiyagarajan M, iSPIRT Fellow
1 in 20 $billion startups is from India
Today
1 in 2 $billion startups will be from India
By 2025
3 Undercurrents
4
Undercurrent #1
5
Shift - Software Services to Product
6
Tailor who can make shirts Ready-made shirts makers
S E R V I C E I N D U S T R Y P R O D U C T I N D U S T R Y
Startups are leading this change
7
Electronics Defense
Software
Communications
Software Product Industry is
the enabling industry for
many sectors
Made for & from India
8
Opening of the
Domestic
market
Strengths in
delivering
globallyM
ad
e f
or
Ind
iaM
ad
e fro
m In
dia
Indian Saas is filling white spaces
9
$0.6 trillion opportunity
Undercurrent #2
10
Consumerization of the Enterprise
11
shaping
With smartphone everywhere
12
Personal technology more powerful and richer experience than Enterprise
technology
Undercurrent #3
13
Changed attitudes with massification of entrepreneurship
14
15
Image copyright belongs to respective author
16
Resulting in the incredulous activities and infectious energy we are seeing
17
India has emerged as the 4th largest start-up location globally
800 new startups created year on year
70+ Active VC’s and PE’s in 2014
550+ Angels in India
80+ Accelerators and Incubators 18
VC investments increased 7 times
19
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
2010 2011 2012 2013 2014
VC Investments in software products ( in $m)
Global Tech giants that acquired Indian startups last year
20
acquires
acquires
acquires
acquires
acquires
Github activity
21
23
Thank you