He left his well-paid job to be an entrepreneur, he moved out from his penthouse to finance his business, he left almost everything to be his own instructor. Then he failed and was left with almost nothing but he didn’t give up, he stayed focused. He never believed in making the sky his limit because he desired to go beyond the sky and aimed to nurture startups and that’s what made him the founder of Innovify. Here is Maulik’s slice of life in the form of interview at The Chrissy B Show.
Innovify was invited to Judge the annual business plan competition for MSc & MBA students of the Imperial College, London keeping in account Innovify’s core expertise to encourage & hand hold tech-startups to succeed.
12 participating teams presented their startup ideas to the Panel.
Innovify inked an historic MOU with GVFL , ensuring its graduating startups an opportunity to get the perfect launch-pad. This MOU is another milestone towards the mission of Innovify to launch 100 products in 10 years via its incubation lab.
It’s a big mistake to wait to publicly launch the product once it’s perfect. For example, startups spend (or waste) time and money building features which are the least important against the value proposition and delay the Go-To-Market date.
Incubated at Innovify, Converza attended the world’s no. 1 annual technology conference at the Web Summit, Dublin, Ireland. Ram Punjani, founder Converza along with Maulik Sailor & Prakash Pilley, Founders Innovify attended the summit & received a lot of leverage for Converza.
The product talk hosted by Innovify saw a great participation in the second meet up on November 9th, 2015 at Just Eat, London where we discussed the importance and challenges of delivering a Minimum Viable Product (MVP).
A well-established corporate has experience ranging from a few year to decades that germinate from within the foundation of a tiny business venture. While a corporate thrives on its experience to chart a new route for entrepreneurial success, a startup would look for alternative, pathbreaking and disruptive ways to climb the ladder. Startups do things differntly. Their way of defining vision, goals, marketing objectives is thoroughly offbeat and that’s what sets them heading towards the pinnacle of success.
The Minimum Viable Product (MVP) is a product which has just enough functionality to validate the underlying assumptions, test and learn about the target market and plan for the next evolutionary functionality for its continued development. Incidentally, most founders confuse the MVP with either a prototype or a full-blown product and fail to find the right balance between the two.
When we first met Fred, the founder of Brickowner, we could feel his passion and ambitions to be the market leader for property crowdfunding. He had a great idea, highly experienced partners, and a very aggressive plan to grow and fund raise. They were also working with UI/UX and branding agencies. But if they were going to succeed, they desperately needed technology know-how and the right business processes required to set such platform. So they came to Innovify.
A moment of pride for Innovify as Vikas Agarwal & Ruchit Jani received the award as the BEST INCUBATOR at the ‘Make In India Awards for Excellence’ by Kalraj Mishra Union Cabinet Minister for MSME.