Friday 30 September 2011

Interesting Links 29/09/11



Bad PR spreads like viral fever. Open Letter to Fashion and You by  

Via Startups and End of Quarter Financial Performance

Naveen Selvadurai is an internet entrepreneur and co-founder of Foursquare.com. He was born in Tamil Nadu, India.

BMW has absolutely lost it with the BMW i8 Concept.  

Thursday 29 September 2011

Company Incorporation Expenses



These days, most of my time is going in legal work, right from finding a office, incorporation and fetching a sales tax number. An economic times article mentioned that India government is going to facilitate company incorporation in just 1 day, which was reverted back to the conventional procedure within one week.

Thought


Interview with Zepo startup Blog



Before we get started, could you please give a brief about yourself? Your background before Craftila.
I completed my schooling from the Scindia School and graduated from the University of Westminster, London in BSc (Hon) Biotechnology. I have worked previously with United Nations Industrial Development Organization and Foundation for MSME Clusters before starting Craftila. Apart from work, I am a football enthusiast and enjoy travelling. I’m also a big geek when it comes to new technology.

What prompted you to start Craftila? What is Craftila? Why did you choose the gifts category?
When a guy from IBM, a techie from IIT and a nerdy biotechnologist face the question of “do we really want to do this?” they usually find answers in something very different from what they thought their lives would be. And hence, we started Craftila to switch from our boring 9 to 5 jobs. Started by three high school friends, Craftila is a utility gift store and offers over 500 products ranging from bags to home décor, corporate gifts to photo frames, greeting cards to mugs. With a number of exclusive options, Craftila’s customers will never have to settle for the same old boring gifts or run out of ideas for a perfect gift anymore. Unique products, beautiful packaging, prompt delivery and excellent customer service is what sets Craftila apart.

Bubble or Boom



Get an Idea



From time to time, I would wander in whole sale market to look for trading opportunities. You never know when you spot a gap in the market.

FROM QUANTUM PHYSICS TO FINANCIAL JARGONS



London is known for its financial industry and filthy rich investment bankers. People working for huge financial institutions make huge and spend huge. There is no doubt that young working professionals slog during the week, and their financial packages are hugely criticised by the masses. 

My friend (in this picture) is no different as he aspires to drive one in his 20's by landing a job with the city. He says "Why continue my present field when I can own a porche if I work in a Bank"
It is said if you are good with people and numbers you can work in the financial industry and its the hefty pay packages which continue to pull the best talent from engineering and IT to take up this number game.

I personally know few engineers who were brillant during their engineering and now are either in audit or trading. Open linkedIn sometime and checkout few profiles associated with either some bank or audit firm and no surprise, most them are engineers from top engineering schools from India.

I have no take on this topic, but if the trend continues, science and IT will end up loosing brillant minds at an early stage.

Cashing In


Selecting payment gateways for e-commerce businesses in India has never been easy apart from global players such as PayPal who refuse to accept payments in rupees. Currently, there are a number of payment gateway integrations to allow your customers to shop with ease online; 

- EBS
- Suthorize.net
- 2Checkout or 2CO
- BluePay
- Worldpay
- Verisign Payflow
- LinkPoint
- MoneyBookers
- HSBC Payment Gateway
- HDFC Payment Gateway
- ICICI Payment Gateway
- CCAvenue

If you are wishing to enter the arena or begin accepting payments online for your excisting business, click the link below to know where to start from

Comparison of payment gateways in India. http://tinyurl.com/2b52kys

FlipKart



Flipkart continues to impress me by not just its services but also its ambitions.
Started by two IITians , the company has grown leaps and bounds in the last couple of years and striving towards starting it's own courier company.

The Flipkart Story – All You Need To Know [Unofficially] http://bit.ly/nX3cbL

Image source: Business Insider

Croma



Croma continues to grow it's presence in the technology retail world by setting up world class stores. Offering exclusive warranty schemes and 0% interest EMI plans, it is a heaven for all technology lovers.

Tata knows to to diversify and continues to set benchmark for the industry.

Pleasant Weather