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Contact person:
Rajan Suprabhat
Director, Venture Development
About IndiaCo
Founded in the year 2001, IndiaCo is a facilitator
and promoter of “Hi-tech” enterprises by way
of investment and incubation of hi-tech companies that
can access global markets.
IndiaCo’s mission is to “To accelerate entrepreneurs
in bringing innovative products to market so as to bring
about wealth creation and well being to society”
IndiaCo follows an equity model unlike most venture
capitalists or incubators; our approach to building
companies is holistic and our processes to enterprise
creation function like the “Five” basic elements
of nature.
Earth - functions as the root, ground, or source within
each phenomenon, solidity.
Water - entails flow, continuity, penetration.
Fire - entails life, heat, activity, clarity in the
mind
Air - depicting change, movement, maturity, life supporting.
Space - intelligence, communication, formlessness, creative
potential.
IndiaCo operates a series of incubating innovation
clusters (IndiaCo Innovation Centers) that help entrepreneurs
reduce their costs, exposing them to a network of industry
and research and development relationships, providing
advisory support and a structured business growth roadmap.
To achieve its over all objectives IndiaCo has developed
a strong network and work very closely with the following
organizations.
Research Institutes: IndiaCo works with research
institutes like International Advanced Center for Power
Metallurgy and New Materials (ARCI), Center for Materials
for Electronics Technology (C-MET) and National Chemical
Laboratory (NCL) in assisting them in commercializing
the technologies that are developed within their laboratories.
Government: IndiaCo
works with the Government of India in actively promoting
entrepreneurship throughout the country. Mr. Rahul Patwardhan
is on the board of National Science and Technology Entrepreneurship
Development Board (NSTEDB). This allows us to work with
all the DST (Department of Science and Technology) funded
incubators across the nation.
Universities: IndiaCo
works with most of the universities in promoting entrepreneurship
within the student community. By conducting “Entrepreneurship
Boot Camps” and “Business Plan Competitions”
we assist the student community in realizing the opportunities
and the challenges in the domain of entrepreneurship.
Technology Companies:
IndiaCo facilitates technology spin-ins for many of
the companies. In doing so it allows the larger companies
to have a look at the newer technologies that are being
developed by new start-up ventures.
Investor Community:
Within the investor community IndiaCo facilitates events
whereby potential investors get to all the new technologies
that are currently being developed by independent entrepreneur
and/or by research labs.
The IndiaCo Ecosystem
IndiaCo works towards creating an environment with participation
from all stakeholders that would benefit from an association
with enterprises pursuing innovation. The Ecosystem
that IndiaCo has created and works in ensure maximum
exposure and leverage for our portfolio companies.
Services Offered
IndiaCo has build its core competencies in investing,
incubating and supporting (Large, medium and small enterprises
accelerate innovation) Information technology, Bio-medical
devices, drug development delivery, bio-informatics,
Nanotechnology as well as other technology based growth
areas where intellectual property is a key measure of
competitive advantage.
Being one of the most successful incubation and technology
transfer center that has assisted many early stage and
grown up companies in various growth related activities
IndiaCo is in a unique position to execute the project
under consideration.
World Bank recently selected and awarded IndiaCo the
“InfoDev” grant. The recognition from World
Bank further certifies the unique methodology and business
model as followed by IndiaCo.
Its capability matrix is as follows:
- Currently working with over 100 companies worldwide
- 40,000 Sqft of commercial space, with Internet bandwidth,
plug and play offices
- Helped our companies raise over INR 30 crores (U$7
Million) in private equity
- Generated over INR 400 crores (U$ 100 Million) in
market capitalization
- Provided employment to over 800 professionals
- 1 IPO, 5 acquisitions
The enterprises within the IndiaCo portfolio range
right from early stage companies to firms that are publicly
listed in the Indian stock markets. The nature of services
that are required by each of them vary based on the
stage of the lifecycle that they are in.
IndiaCo offers the following
array of services to its portfolio companies.
1) Intellectual Property Management
The development of the knowledge economy has impacted
significantly the social importance of Intellectual
Property Rights (IPR).
IndiaCo is distinctive in its ability to assist in all
phases of intellectual property management including
assessment and preparation of intellectual property
until commercial existence.
IndiaCo provides assistance in preparation of technology
and market assessment reports to technology developers,
exploiters, potential investors, financial institutions
and enterprises across global markets so as to ascertain
appropriate technology transfer mechanisms.
IndiaCo also provides assistance in writing and filling
of Patents, Trademarks, Copyrights, Industrial Designs
and Geographical Indications to start-ups. IndiaCo’s
dedicated team of legal and technical writers and partners
at the center will guide prospects through this process
of intellectual property management in a three dimensional
perspective (Customer, Market, Value) so as to optimize
potential commercial value for the technology.
2) Technology Commercialization
IndiaCo provides the necessary platform required to
commercialize technologies from the research institutes
in India. For technologies developed in laboratories
to percolate to manufacturing firms and finally to the
consumer level requires secure IP transfer between the
involved parties.
IndiaCo facilitates efficient and secure technology
transfer between the two parties by establishing strategic
collaborations between technology developers and the
producers who finally lead them to the potential end
users. IndiaCo also provides assistance in scaling up
of laboratory research to help validate the commercial
viability of the proposed enterprise. This process is
critical to the success of technology commercialization
where successful validation of the process/product at
a viable cost is a prelude to further negotiations.
The customer (or transferee of technology) also reduces
the risk factor making it easier for them to make the
investment decision.
Furthermore, IndiaCo facilitates resource transmission
at the incubation center, assists in raising capital
and aids in resource mobilization and the efficient
allocation for the same.
3) Joint/Contractual Research and Development
IndiaCo aggressively markets the skill sets available
within its network to facilitate and promote joint/contractual
research and development programs. In case of a successful
set up of joint research groups between the organizations,
IndiaCo would provide infrastructure and laboratory
support to such groups.
4) Business Development
IndiaCo’s market assessment team assists in determining
potential users (technology licensees) of technology
providing an overview to the researcher as to the relative
valuation of the technology in the marketplace. The
assessment process will focus in depth on the nature
of application areas, global addressable market size,
competitive landscape and targeted customer demographics.
Based on these factors, a recommended marketing and
pricing strategy would be proposed by the IndiaCo team
of academic and industrial experts along with a detailed
profile of identified key exploiters.
5) Assistance in Raising Capital
IndiaCo works with early stage technologies with an
aim to identify suitable commercial partners from public
and private sectors across global markets.
IndiaCo provides assistance in scaling up of laboratory
research to help validate the commercial viability of
the proposed enterprise. This process is critical to
the success of technology commercialization where successful
validation of the process/product at a viable cost is
a prelude to further negotiations. The customer (or
transferee of technology) also reduces the risk factor
making it easier for them to make the investment decision.
Further, IndiaCo provides end-to-end assistance in
execution of projects facilitating Intellectual Property
Management, Market Assessment, and Preparation of Business
Plan and raising capital from a network of angel investor
and venture capital firms.
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