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July 16, 2019 1
Anand Deshpande
anand@persistent.com
Our experience from
deAsra Foundation
Anand Deshpande
anand@persistent.com
July 16, 2019 2
Thank you for inviting me!
It is an honour to be here.
Look forward to working together.
July 16, 2019 3
Personal Context
http://www.linkedin.com/in/ananddeshpande
July 16, 2019 4
(BSE, NSE: PERSISTENT)
FY 19
Revenues: ₹ 33,659 M
Profit: ₹ 3,516.79 M
10,000+ Employees
in 18 countries
Family Foundation on
a mission to help 25,000
self-employed businesses
Trained and practicing
Computer Science Engineer
B.Tech.(Hons) M.S. and Ph.D.
Part-time Member of UIDAI
Self-learnt entrepreneur
Have been at it for 29 years
Specialize in databases
Founding member of iSPIRT
Founding President ACM India
Personal, family
philanthropic venture
Established in 2013
Launched service in
February 2015
HQ: Pune, India
Inspired by
Set up as Company for
public good
Partners
Team of
70+ Employees
What is deAsra Foundation?
July 16, 2019 5
July 16, 2019 6
Must-solve problems that don’t come
with ready-made solutions.
Solving these types of problems takes
optimism, resilience, and grit.
It takes turning beliefs into action.
It takes giving.
Our Mission:
Help Job-Seekers
become Job Creators.
Ensure their success!
Our focus:
urban services
July 16, 2019 7
Eliminating barriers for entrepreneurs
Research the pain
points and the needs of
entrepreneurs
Provide everything
that an entrepreneur
needs in one place
Eliminate the
barriers for setting
up and running a
business
July 16, 2019 8
Need to address both Quantity and Quality
July 16, 2019 9
India needs
more than
15 Million
jobs every year
Urban jobs must
pay at least
₹ 20,000
per month
Our Sweet Spot:
Investment No Man’s Land
July 16, 2019 10
Loan Requirement:
Between
₹1 Lac and ₹ 50 Lac
Our Sweet Spot
Revenue Between
₹5 Lac and ₹ 1 Crore
Every employee must
make ₹ 20,000 per
month
Version 1.0: Business in a Box
July 16, 2019 11
Will provide everything a business needs in one place!
Specific to a business
July 16, 2019 12
Very detailed, online, self service. (www.deasra.in)
July 16, 2019 13
July 16, 2019 14
Monthly magazine and printed workbooks
in multiple languages
15July 16, 2019
July 16, 2019 16
Mobile platform for everything that a small
business needs
July 16, 2019 17
Key Learnings
• Most businesses don’t start with a plan. They happen!
• They don’t want to be tracked.
• Much bigger segment –
I am stuck, help me!
July 16, 2019 18
Version 2.0: Disaggregation of the box
July 16, 2019 19
If you are stuck,
we have a solution for you!
July 16, 2019 20
About 80 different services
July 16, 2019 21
About 80 different services
July 16, 2019 22
Most popular services
July 16, 2019 23
How do I get a loan?
July 16, 2019 24
Am I compliant?
July 16, 2019 25
How do I find customers?
July 16, 2019 26
Most popular businesses
July 16, 2019 27
Current Score
July 16, 2019 28
Businesses that have
benefited from our
services:
33,542
New businesses
added every month
4,000
Key Learnings
• Users want specific help – precise information.
Minimal interaction for accessing and consuming
knowledge and services.
• Stay very focused on the target group.
The requirements beyond the group are different.
• Important to track activities on the website.
Have patience. Entrepreneurs are coming back for repeat
services.
July 16, 2019 29
Getting Loans is a Real Challenge
• Funding institutions, in particular banks, still work in traditional modes
with the relationship with branch managers determining access to funds.
• Most branch managers are reluctant to fund small loans. NBFC’s
predominantly fund only existing businesses with some cash flow or
credit history. So access to funds for starting small businesses remains
an issue.
• There are very few NGOs/CSRs supporting urban, small businesses
(between Rs 5L and Rs 1Cr annual turnover).
Greater focus is on rural or nano-businesses.
• Businesses are borrowing from lending sharks at very high interest
rates!
July 16, 2019 30
Goal: Get to 5000 beneficiaries/month by
Dec 2019
Current Plan: Towards Subscription Package models – for stickiness
• “Uber”ization of services – for more self service
• Introduce HR, Marketing & Tech resources
• Building better quality research data
• Introduce video based outreach
• Start Community building initiatives
• Continuous improvement of enquiries to beneficiaries ratios –
through online & facilitators
July 16, 2019 31
Version 3.0: Subscription Model
July 16, 2019 32
de – Deshpande
ASRA – Anand Sonali Ria Arul
Why deAsra?
July 16, 2019 33
What can we do
together?
Anand Deshpande
anand@persistent.com
July 16, 2019 34
July 16, 2019 35
www.persistent.com

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Sharing the deAsra Experience at Bhutan Economic Forum

  • 1. BEFIT July 16, 2019 1 Anand Deshpande anand@persistent.com
  • 2. Our experience from deAsra Foundation Anand Deshpande anand@persistent.com July 16, 2019 2
  • 3. Thank you for inviting me! It is an honour to be here. Look forward to working together. July 16, 2019 3
  • 4. Personal Context http://www.linkedin.com/in/ananddeshpande July 16, 2019 4 (BSE, NSE: PERSISTENT) FY 19 Revenues: ₹ 33,659 M Profit: ₹ 3,516.79 M 10,000+ Employees in 18 countries Family Foundation on a mission to help 25,000 self-employed businesses Trained and practicing Computer Science Engineer B.Tech.(Hons) M.S. and Ph.D. Part-time Member of UIDAI Self-learnt entrepreneur Have been at it for 29 years Specialize in databases Founding member of iSPIRT Founding President ACM India
  • 5. Personal, family philanthropic venture Established in 2013 Launched service in February 2015 HQ: Pune, India Inspired by Set up as Company for public good Partners Team of 70+ Employees What is deAsra Foundation? July 16, 2019 5
  • 6. July 16, 2019 6 Must-solve problems that don’t come with ready-made solutions. Solving these types of problems takes optimism, resilience, and grit. It takes turning beliefs into action. It takes giving.
  • 7. Our Mission: Help Job-Seekers become Job Creators. Ensure their success! Our focus: urban services July 16, 2019 7
  • 8. Eliminating barriers for entrepreneurs Research the pain points and the needs of entrepreneurs Provide everything that an entrepreneur needs in one place Eliminate the barriers for setting up and running a business July 16, 2019 8
  • 9. Need to address both Quantity and Quality July 16, 2019 9 India needs more than 15 Million jobs every year Urban jobs must pay at least ₹ 20,000 per month
  • 10. Our Sweet Spot: Investment No Man’s Land July 16, 2019 10 Loan Requirement: Between ₹1 Lac and ₹ 50 Lac Our Sweet Spot Revenue Between ₹5 Lac and ₹ 1 Crore Every employee must make ₹ 20,000 per month
  • 11. Version 1.0: Business in a Box July 16, 2019 11 Will provide everything a business needs in one place!
  • 12. Specific to a business July 16, 2019 12
  • 13. Very detailed, online, self service. (www.deasra.in) July 16, 2019 13
  • 15. Monthly magazine and printed workbooks in multiple languages 15July 16, 2019
  • 17. Mobile platform for everything that a small business needs July 16, 2019 17
  • 18. Key Learnings • Most businesses don’t start with a plan. They happen! • They don’t want to be tracked. • Much bigger segment – I am stuck, help me! July 16, 2019 18
  • 19. Version 2.0: Disaggregation of the box July 16, 2019 19
  • 20. If you are stuck, we have a solution for you! July 16, 2019 20
  • 21. About 80 different services July 16, 2019 21
  • 22. About 80 different services July 16, 2019 22
  • 24. How do I get a loan? July 16, 2019 24
  • 25. Am I compliant? July 16, 2019 25
  • 26. How do I find customers? July 16, 2019 26
  • 28. Current Score July 16, 2019 28 Businesses that have benefited from our services: 33,542 New businesses added every month 4,000
  • 29. Key Learnings • Users want specific help – precise information. Minimal interaction for accessing and consuming knowledge and services. • Stay very focused on the target group. The requirements beyond the group are different. • Important to track activities on the website. Have patience. Entrepreneurs are coming back for repeat services. July 16, 2019 29
  • 30. Getting Loans is a Real Challenge • Funding institutions, in particular banks, still work in traditional modes with the relationship with branch managers determining access to funds. • Most branch managers are reluctant to fund small loans. NBFC’s predominantly fund only existing businesses with some cash flow or credit history. So access to funds for starting small businesses remains an issue. • There are very few NGOs/CSRs supporting urban, small businesses (between Rs 5L and Rs 1Cr annual turnover). Greater focus is on rural or nano-businesses. • Businesses are borrowing from lending sharks at very high interest rates! July 16, 2019 30
  • 31. Goal: Get to 5000 beneficiaries/month by Dec 2019 Current Plan: Towards Subscription Package models – for stickiness • “Uber”ization of services – for more self service • Introduce HR, Marketing & Tech resources • Building better quality research data • Introduce video based outreach • Start Community building initiatives • Continuous improvement of enquiries to beneficiaries ratios – through online & facilitators July 16, 2019 31
  • 32. Version 3.0: Subscription Model July 16, 2019 32
  • 33. de – Deshpande ASRA – Anand Sonali Ria Arul Why deAsra? July 16, 2019 33
  • 34. What can we do together? Anand Deshpande anand@persistent.com July 16, 2019 34
  • 35. July 16, 2019 35 www.persistent.com