Assignment - MSL780 ExMBA - 23.01.2024

Uploaded by

Nisha Sagar

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

0% found this document useful (0 votes)

34 views3 pages

Assignment - MSL780 ExMBA - 23.01.2024

Uploaded by

Nisha Sagar

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

You are on page 1/ 3

23rd January 2024

Assignment: MSL780 (ExMBA)

Name: Anubhav Sen

Student ID: 2023SMN6705
IITD email address (not DMS): [email protected]

Instruction
• Answer all the questions below.
• No handwriting.
• Deadline: 23rd Feburary 2024, EoD. Any delay will incur a loss of marks.
• Please submit via Moodle before the deadline in PDF format. If your submission is
not in PDF, the mark will be deducted.
• Do not change the size of the overall space given. Max 2 pages (total).
• DO NOT plagiarise. It will be penalised both; for those who copied and are copied.
• Please do not plagiarise. If it is found, your score will be significantly reduced.

Question: Read three newspaper/business paper articles that are relevant to your
company/organisation, competitors, and/or sector. Summarise it and evaluate the
relevance/strategic insights for your company/organisation from the perspectives of the
managerial economics (in any market). Use the headers below and note down the article
title, source, date, and URL (plus any necessary information). Spaces for the each article
could be adjusted as per the length of the answers.

Article 1: From Seed to Success: The Evaluation of Startup Incubators in India

Source: TICE NEWS
Date: 02 Nov 2023
Link: https://www.tice.news/enticing-angle/from-seed-to-success-the-evolution-of-startup-
incubators-in-india-1682053
Summary: India has experienced remarkable growth in its startup incubator landscape, with
the number of such institutions skyrocketing from 20 in the early 2000s to over 700 by 2023.
This growth is attributed to proactive policy initiatives, particularly between 2008 and 2020.
Academic institutions, such as IITs and IIMs, have played a significant role in this surge.
Government policies, such as those by MoMSME and MeitY, have focused on promoting
entrepreneurship and commercializing research. Dr. Anita Gupta (DST) highlighted these
achievements at ISBACON 2023, emphasizing the importance of incubators in India's
startup ecosystem.
Takeaways for FITT:

• Cost-Benefit Analysis: FITT should evaluate the costs associated with running an
incubator against the benefits it brings to entrepreneurs and the broader economy.
They need to ensure that the resources invested yield significant returns in terms of
successful startups and economic growth.
• Resource Allocation: FITT should efficiently allocate resources to support budding
entrepreneurs. This involves identifying high-potential startups and providing them

1
23rd January 2024

with the necessary infrastructure, mentorship, and funding. They must also balance
the allocation of resources across various sectors to maximize overall impact.
• Pricing Strategies: FITT could consider implementing pricing strategies for the
services it offers to startups. Charging nominal fees for incubation services or taking
equity stakes in startups could help sustain the incubator financially while also
aligning incentives with the success of the startups.
• Government Policy Alignment: FITT should closely monitor government policies and
initiatives related to entrepreneurship and innovation. By aligning their strategies with
government objectives and leveraging available schemes and incentives, FITT can
enhance its effectiveness and sustainability.
• Performance Evaluation: FITT should continuously evaluate its performance and
impact on the startup ecosystem. Metrics such as the number of successful startups
that graduated, job creation, and revenue generated can help assess the incubator's
contribution to economic development.

Article 2: NSRCL- Startup Incubator; Taking technology to the last mile

Source: Financial Express
Date: 19 Jun 2023
Link: https://www.financialexpress.com/business/industry-srcel-startup-incubator-taking-
technology-to-the-last-mile-3131022/
Summary: The article discusses how Capgemini, through its partnership with NSRCEL, the
startup incubator at IIM Bangalore, is supporting tech-led social impact ventures.
Capgemini's digital inclusion program focuses on bridging the digital divide and leveraging
technology for social and sustainable development. They have supported several startups,
impacting millions of lives and raising significant follow-on funding. NSRCEL provides
support to both early-stage and growth-stage startups, addressing common challenges such
as legal and financial compliance, alternative financing, and government connections.
Startups incubated by NSRCEL tackle various social issues, from tribal inequality to
sustainable agriculture.
Takeaways for FITT:

• Resource Allocation: FITT should consider allocating resources to support tech-led

social impact ventures, similar to Capgemini's partnership with NSRCEL. This
involves providing funding, mentorship, and access to networks to help startups
bridge the gap between lab and market.
• Strategic Partnerships: FITT could explore partnerships with industry leaders and
other incubators to enhance support for social impact ventures. Collaborations like
the one between Capgemini and NSRCEL can provide startups with diverse
expertise and resources, improving their chances of success.
• Impact Measurement: FITT should focus on measuring the social impact of the
ventures it supports. This involves tracking metrics such as the number of lives
impacted, follow-on funding raised, and progress towards sustainable development
goals. By quantifying impact, FITT can assess the effectiveness of its support and
attract further funding and partnerships.
• Addressing Challenges: FITT should be prepared to address the challenges faced by
tech-led social impact startups, such as legal and financial compliance, alternative
financing, and government connections. Providing startups with access to expertise
and resources in these areas can help them navigate obstacles more effectively.

2
23rd January 2024

• Focus on Sustainable Development Goals: FITT should prioritize supporting startups

that align with the UN Sustainable Development Goals, as NSRCEL does. By
focusing on ventures that address pressing social and environmental challenges,
FITT can maximize its contribution to sustainable development and societal welfare.

Article 3: IIMB’s incubator NSRCEL set up the most start-ups in India, and T-Hub
start-ups secured the most funding
Source: The Hindu Business Line
Date: 03 Nov 2023
Link: https://www.thehindubusinessline.com/data-stories/data-focus/iimbs-incubator-nsrcel-
set-up-the-most-start-ups-in-india-t-hub-start-ups-secured-most-funding/article67488126.ece
Summary: An article discusses the top-performing startup incubators in India based on the
number of startups incubated and the amount of funding raised. NSRCEL Incubation Centre
at IIM Bangalore leads the list with 1,431 startups incubated and ₹3,494 crore in funding
raised. T-Hub in Telangana follows closely, with 647 startups and ₹9,813.6 crore raised,
showcasing high success rates in securing funding. The article highlights the importance of
location in facilitating interactions with venture capitalists and securing better funding. It also
emphasizes the role of incubators in educating founders, providing funding, offering advisory
support, and connecting startups with critical resources.
Takeaways for FITT:

• Performance Benchmarking: FITT can benchmark its performance against top-

performing incubators like NSRCEL and T-Hub to identify areas for improvement.
Analyzing factors contributing to their success, such as educational programs,
funding support, and advisory services, can help FITT enhance its offerings and
attract more startups.
• Geographic Advantage: The article highlights the advantage of being located in
metro areas like Bengaluru and Hyderabad for startup incubators. FITT can consider
leveraging its location in Delhi to strengthen its connections with venture capitalists
and industry experts, thereby increasing funding opportunities for startups.
• Collaboration Opportunities: FITT can explore collaboration opportunities with leading
incubators and academic institutions to enhance its support ecosystem for startups.
Partnering with institutions like IITs and IIMs can provide access to expertise,
resources, and networks crucial for startup success.
• Tailored Support: FITT should tailor its support services to meet the diverse needs of
startups. This includes providing educational programs, funding assistance, advisory
support, and networking opportunities tailored to the specific industry and stage of
each startup.
• Focus on Research-Driven Startups: The article highlights the importance of
research-driven startups in the Indian ecosystem. FITT can focus on supporting
research-driven ventures by providing specialized resources, mentorship, and
funding opportunities to help them commercialize their innovations effectively.