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Designing for the
next 50M Small
Businesses in India
Jasminder Singh Gulati
CEO, NowFloats
NowFloats over 7 years…
52,000 Paying Customers across 72 Cities
5% of all Local Discovery on Google
Frictionless Tech for Indian SMBs to get Digital
Staring with a Digital Presence in < 5 mins
Of 6.3 Cr SMBs in India, a huge
68% are completely offline…
And only 2% actively selling or
promoting the business online.
While the market
opportunity is
significant, underserved
and growing…
29%
Small business contribution to India’s GDP, moving to 50% by
2022
Reasonable paying parity; Trust is critical
Still a predominantly ‘do it for me’ market or service-dependent
$$
“Do it for
me”
Tier 3 -4 India is an absolute whitespace for digital SaaS
adoption by SMBs
Bharat
demand
> supply
India is a supply-constrained market; digital is critical to demand
& distribution
Design Approach = Digital Desh
Design 4 India = India + Bharat
Design = Product + Distribution
Camel Safari = 50% of GDP?
thank you.

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NASSCOM Design4India Design Summit & Awards 2019 - Designing for the Next 50 Million Small Businesses in India - Jasminder Singh Gulati

  • 1. Designing for the next 50M Small Businesses in India Jasminder Singh Gulati CEO, NowFloats
  • 2. NowFloats over 7 years… 52,000 Paying Customers across 72 Cities 5% of all Local Discovery on Google Frictionless Tech for Indian SMBs to get Digital Staring with a Digital Presence in < 5 mins
  • 3. Of 6.3 Cr SMBs in India, a huge 68% are completely offline… And only 2% actively selling or promoting the business online. While the market opportunity is significant, underserved and growing… 29% Small business contribution to India’s GDP, moving to 50% by 2022 Reasonable paying parity; Trust is critical Still a predominantly ‘do it for me’ market or service-dependent $$ “Do it for me” Tier 3 -4 India is an absolute whitespace for digital SaaS adoption by SMBs Bharat demand > supply India is a supply-constrained market; digital is critical to demand & distribution
  • 4. Design Approach = Digital Desh
  • 5. Design 4 India = India + Bharat
  • 6. Design = Product + Distribution
  • 7. Camel Safari = 50% of GDP?