Synapse Startup Incubation Approach Web Version
- 1. 1 Synapse Healthcare Incuba2on Centre Service Offering
- 2. Table of Content Indian Startup Landscape What do We do Why Synapse Healthcare Our Approach to Startup Incuba=on Our Service Offerings Contact Us
- 3. Indian Startup Landscape 3rdhighest number of startups in India total ventures ~5000 entities $5 Billion investment by all the Private Funds and is Growing by 125% from last year Healthcare, Education and Clean-tech are the major focus area 75%, of the startups are promoted by entrepreneurs less then 35 years of age 3
- 4. Why We Need Startup Incubator 80% of startups close within a year of operations 70% of startups remain one man show 50% of startups are not able to create a market ready product. It remains on drawing board. 65% of entrepreneurs earn less than the salary they last took. 4
- 5. Key Reasons for Failure • No Market Need 47% • Product Mis-‐Timed 13% • Need or Lack of Business Model 17% • Not Using Network / Advisors 8% Overconfident (85%) • Running Out of Cash 29% • Pricing / Cost Issues 18% • No Financing/ Investor Interest 8% Shortsightedness (55%) • Ge[ng Outcompeted 19% • Poor Marke=ng 14% • Ignoring Customer 14% Hubris (47%) • Not the Right Team 23% • Disharmony in Team/ Investor 13% No Team work (36%) • Poor Product 17% • Bad Loca=on 9% • Legal Challenges 8% Sloppiness (34%) • Loss of Focus 13% • Lack of Passion 9% • Burning Out 8% Imbalance (30%) • Pivot gone bad 10% • Failure to Pivot 7% Inflexibility (17%) Source: hbp://www.inc.com 5
- 6. What Do We Do To Over Come These Challenges…. 6 Orient Mentor Develop Market Ready Star=ng Business Crea=ng Value Fund Raise Expand the business
- 8. We Answer Startup Dilemma… 8
- 9. Our Approach to Startup Incuba=on 9 Illustra=ve Services
- 10. Our Services: From Idea to Empire 10 • Proof of concept • Ideate to rehash the business idea, to make more appropriate to the market • Market research and dip s=ck studies to validate the plan • Development of ini=al hypothesis and drah business plan • Company forma=on formali=es • Logo, website and other related ac=onable • Strategic insight to business • Development of detailed business plan • Development of revenue model • Detailed financial plan • Iden=fica=on of partners / co founders • Roll out plan • Early start of business • Marke=ng & Branding support • Iden=fica=on of Angel Investor or other means to finance the business • Iden=fica=on of early team members • Business opera=on support • Marke=ng and sales support • Technology support in development of app etc. • Iden=fica=on of staff and other key team members • Con=nue business opera=on support • Ongoing Marke=ng and sales support • Technology maintenance support • Iden=fica=on of office • Opera=onalizing the office • Iden=fica=on of need for external funding • Iden=fica=on of VC, PE, Debt and other sources for financing the business • Ongoing support on Opera=ons, Marke=ng & Sales and Technology • Legal Advisory • Team building and related solu=ons • Developing exit strategy for investor • IPO planning • Business diversifica=on plans • P&L Management Advisory • Mergers & Acquisi=on
- 11. Our Strategy Services 11 Our strategy services for startups are designed to support the cri=cal decision making process through out the life cycle of the company. We assist right from correct idea forma=on, alignment to market and crea=ng an ecosystem for sustaining the business growth.
- 12. Our Implementa=on Services 12 Our implementa=on services are designed to execute from idea to ac=on. Our team is specialized in key segments, which are important to create a value in the business. The bouquet of implementa=on service assists startups to kick start their business, without reinven=ng the wheel
- 13. Our Capital Advisory Services 13 Our capital advisory services enable startup to iden=fy correct business financing methods, which are appropriate for them. We assist our clients in raising finances at the right =me, right method and at best op=on available in the market
- 14. Our Technology Services Design Develop Implement Support Hos=ng IT Service Offering Our technology services provide end to end support to startups by choosing right technology, developing func=onal apps and proving full maintenance support 14
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- 16. For any further details please contact Manas Tripathi Managing Director Synapse Healthcare Consultants Pvt. Ltd. manas@synapsehealthcare.net +91 9958468977 www.synapsehealthcare.net