The bplan pitch at International Institute of Management where Startify secured the second position.

1. www.startify.in

2. info@startify.in
www.startify.in
Problem targeted
The world is riding on a wave of entrepreneurship with young enthusiasts creating services and
products which are pushing nations to grow exponentially. However, there are many areas which
harbour great minds but lack the right ecosystem. Resultantly the failure rate of new enterprises is
very high with only one out of ten succeeding. Can the causes of failure be targeted so that more can
successfully travel this exciting entrepreneurial journey?
99% STARTUPS FAIL BECAUSE OF
LACK OF PLANNING AND GUIDANCEMis-management
Inexxperience
Leadership
Lack of expertise
External factors
Reason why startups fail?

3. info@startify.in
www.startify.in
HOW WILL STARTIFY WORK?

4. info@startify.in
www.startify.in
MARKET OPPORTUNITY
18-24 36-54 55-65
9%
14%
16%
12%
Entrepreneurs are numbering near 400 Million
in 54 countries, according to GEM 2011 Global
Report. . The following are the percent of
people who are into early stage
entrepreneurship (for Asia Pacific and South
Asia) according to GEM 2013:
25-35Age group:
Wannapreneurs and those who are in early
stages of ideation (or those on the verge of
starting up) aged around 20-35 and are
comfortable using the internet will be our
target customers.
These would consist mainly of students and
young aspiring entrepreneurs including the
ones from tier 2 and tier 3 cities.

5. info@startify.in
www.startify.in
GO TO MARKET PLAN
Conduct
workshops, events
and competitions.
Attract potential
entrepreneurs
Sign agreement
and get startify’d
People share,
discuss the idea,
form team and
experts give advice
Complete an idea
profile.
Approach
investors, mentors,
etc with the idea
profiles
Connect them
In the next 6 months, which includes product
development, four ideas (who are really serious and
has potential) will get Startify'd (matured,
structural).
We will target college students in Rajasthan and
North East who have ideas and want to execute.
Tieups with companies like seedfund to get mentors
for idea and give them the first right to fund.

6. info@startify.in
www.startify.in
TIE UPS
We have already conducted events in partnership with CII and government of Assam. We are
already in talks with few seedfunders and we are getting a positive response.
GovernmentIncubators Investors Mentors

7. info@startify.in
www.startify.in
REVENUE
%of amount
funded
Option 4
Developing an online
portal for connecting
enthusiasts, building a
stronger internal
network for formed
companies.
Stake in the
company

8. info@startify.in
www.startify.in
COMPETITORS
The entrepreneurship sector is full of online crowd
sourcing idea portals and teamup-ing platforms.
But their target audience are not ‘wannapreneurs’
and they do not provide with sufficient mentorship
& guidance.
Moreover security of ideas is also a major factor that
needs to be taken into consideration.

9. info@startify.in
www.startify.in
WHERE ARE WE CURRENTLY?
Developed a
MVP
(website)
Option 4
Workshops
at
IITJ
Pilot with 2
teams
Startup Meet &
Workshop in
Guwahati

10. info@startify.in
www.startify.in
MEET OUR TEAM
Himanshu Sikaria
Execution, management and operational
activities
Undergraduate at IIT Jodhpur.
Co-ordinator E-Cell, IIT Jodhpur
Achyut Joshi
Developer & Designer
Undergraduate at IIT Jodhpur
Ass. Co-ordinator E-Cell, IIT Jodhpur
Anshul Agrawal
Web-Development
Undergraduate at IIT Jodhpur.
Co-ordinator Web-Development Club