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New Technologies for Old Sectors - sharing my experience

New Technologies for Old Sectors - sharing my experience. K B Chandrasekhar Jamcracker Inc., AU-KBC Research Foundation, e4e Inc., Akshaya Agro Informatics, Svapas Innovations. My Ecosystem. K B C. 5S Ventures Founder. Bridge India Ventures Co-Founder. Chairman. Co-Founder, CEO & Chairman.

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New Technologies for Old Sectors - sharing my experience

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  1. New Technologies for Old Sectors- sharing my experience K B Chandrasekhar Jamcracker Inc., AU-KBC Research Foundation, e4e Inc., Akshaya Agro Informatics, Svapas Innovations

  2. My Ecosystem K B C 5S VenturesFounder Bridge India VenturesCo-Founder Chairman Co-Founder, CEO & Chairman Akshaya Agro Informatics Founder KBC- Research Foundation Founder Co-Founder & Chairman $ $ Products Services/ $$ Products Services/ $$ $$ $$ AU-KBC Founder SVAPAS Founder Products Services/ $$ IP/ Consulting $$ Products Services/ $$ Mgmt. Advisory Services/ $$ IP Ideas Proposals Grants Consulting Publications Patents Customers Partners Alliances Investors Products Services $$$ Entrepreneurs $$ Govt. NGOs Cos. Founding MemberDirector on Board

  3. Milestones achieved Bridge India Ventures Chennai, India Svapas Innovations Chennai, India 2006 Akshaya Agro Informatics Chennai, India Rural Economy Focused Fund Jamcracker Inc. India Dev Center, Bangalore Incubator Agri Informatics AU-KBC Research Center Chennai, India Captive product development AztecSoft Bangalore, India R & D e4e Inc. Bangalore, India Outsourcing/ Product Development BPO/ KPO 1999

  4. My experiences in… • Developing New Technology for Old sector • Akshaya Agro Informatics for Rural India >> • Rural Economy Focused Fund • Bridge India Ventures • Taking Research Ideas to Market • KBC RF, AU-KBC Research Center, Svapas Innovations

  5. Rural India Problems • Wide Economic & Digital divide between Urban and Rural India; gap widening • Lack of Health Care, Sanitation, Education & Infrastructure such as Electricity, Road and Transport • Inefficiencies in Agrarian Economy hurting Rural India Market realities • Producers exploited by merchants / money lenders with very high interest rates • Inadequate Transportation & Warehousing • Merchants prefer to sell through Commission agents • Contacts multiple locations to know the price and the demand and supply • Limits his operation based on the known agents territory • Procurement limited by his storage and handling capacity

  6. Akshaya Agro Informatics, for Rural India Vision • To enable Frictionless Commerce of Agricultural/ Rural Products maximizing profitability across the extended supply chain using Information & Communications Technology Mission • Facilitate efficient Warehousing, Logistics and Settlement process • Provide Micro-financing, Development Loans, Crop Insurance, etc. • Establish Knowledge Networks linking Producers, Traders & Consumers to grow business & maximize revenue. • Promote Contract Farming • Provide Pre-Harvest Knowledge & Technology

  7. Akshaya Agro Informatics Operational since Sept 2005 Current Status • Generating multi-million (INR) transaction revenue in South India • Rest of India expansion underway • Middlemen and Merchants willing to use our service to expand their market share • Village trader is coopted as an associate of Akshaya to allay competitive fears • Farmers require immediate payment and material collection at their place and not willing for transporting to distance • Contract farming requires more convincing • ICT framework in Planning stage

  8. My experiences in… • Developing New Technology for Old sector • Akshaya Agro Informatics for Rural India • Rural Economy Focused Fund • Bridge India Ventures>> • Taking Research Ideas to Market • KBC RF, AU-KBC Research Center, Svapas Innovations

  9. Bridge India Ventures Objective of the Fund:  To invest in Rural Enterprises in India Need: As not  much equity funding happening in rural areas Reason: Dearth of funds in the sector & stage of investment Fundfocus: • Investment in any rural enterprise that focuses on Health, Power, Dairy, Agriculture, Horticulture in Rural India. • Also on Rural Infrastructure and support services, supply chain & logistics for rural produce, post harvest marketing, vegetables & fruits processing Mechanism: • Work closely with Banks, institutions, multilateral agencies andlocal bodies including NGOs to create businesses with co-funding from these bodies that helps to draw not just money but also value add from allinvestors concerned

  10. My experiences in… • Developing New Technology for Old sector • Akshaya Agro Informatics for Rural India • Rural Economy Focused Fund • Bridge India Ventures • Taking Research Ideas to Market • KBC RF, AU-KBC Research Center, Svapas Innovations >>

  11. Innovation Trilogy Proposals Grants Consulting Publications Patents Products Services IP Ideas Govt. NGOs Cos. Customers Partners Alliances Investors Entrepreneurs KBC-RF $ $ $$ $$ AU-KBC SVAPAS IP/ Consulting $$

  12. BioAsk • Exploits Research capabilities of AU-KBC with Productization expertise of Svapas • A Knowledge Discovery Engine for Life Sciences & Healthcare • Solution highlights • Aimed at increasing research productivity • Enables Efficient Knowledge Discovery • Highly relevant results • Serendipitous discovery • Integration with public/private repositories • Efficient interaction between in-house and outside experts • On-demand Knowledge Network with global expertise • Focus on Life Sciences & Healthcare

  13. BioAsk Knowledge Discovery Tool Named Entity Recognition & Indexing algorithm based on NLP, Biomedical rules, Thesauri, Dictionary Understands context of query, user profile, synonyms & entities to generate highly focused results Dynamically classifies contextually and semantically similar documents together for intuitive discovery. Medline Abstracts Patents User groups Forums Wikis Other data sources Content Repositories Lab Reports Information extraction BioAsk Actionable Knowledge • User groups • Forums • Wikis • Messages • Publications • Library

  14. In Conclusion Advantage India-USA • Huge opportunity across segments - both for India & for global market, from India • FOR India • Rural Commerce • Micro-financing • e-Learning • FROM India FOR the World • Knowledge Management/ Research Services • Pharmaceuticals, Medical Devices • IT Security • Finance/ Insurance • Young, hungry, energetic and creative talent • Global talent relocating to bring in Best Practices • Fast developing end-to-end capabilities - IP generation, Manufacturing & Go-to-market. • Need long-term perspective • Be prepared for bureaucracy and ups & downs

  15. Thank Youkbc@svapas.com

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