Prizes for Startup Weekend Hyderabad – Healthcare & Analytics

Like always, the business ecosystem of Hyderabad has trusted Startup Weekend and recognized it as a way to create new growth stories around its respective businesses, products and services. We would like to announce them, while also expressing our humble gratitude.

  • TBI – BITS

For the first prize winner: TBI has agreed to provide three months of incubation services worth Rupees 1 Lakh, with mentorship. If the team succeeds in building a prototype, then it would be rewarded with a cash prize of Rupees 50,000/- and it also stands to gain further opportunities in seed funding upto INR 25 Lakhs.

  • Ozonetel

Winner: KooKoo Gold Ports (5) for Six Months, Worth Rupees 60,000/-

Participants: Each team gets a KooKoo silver egg account worth Rupees 7,500, free for three months. Also, the CloudAgent Lite One India plan free for 3 months, worth INR 4,500/-. With CloudAgent Lite you can build a startup in a weekend and get a business phone system for your startup!

  • 50kVentures

 Winner: 50k Accelerator is offering one-month Accelerator for free

  • 91Springboard

Winning Team: 2 members of the team would get an access to the co-working space for a period of three months.

  • The August Fest:

The First Prize Winning team will get The August Fest complimentary passes (3 passes + 50% discounted tickets for rest of the team(s)).

First Prize Winners from Startup Weekend India events before September 1st will get wild card entry to Pitch on Stage @ The August Fest 2016. (Provided the team is intact and taking the product to the market).

To encourage startups in wearable, travel tech, fashion, media & entertainment, 3 startups can get continuous mentorship and access to market.

  • Blinkist:
  1. 1 year premium subscription with full access to the whole library – 1st place winner
  2. 6 month premium subscription with full access to the whole library – 2nd place winner
  3. 3 month premium subscription with full access to the whole library – 3rd place winner

 

We hope for an amazing weekend with you. See you on 26th August at Indian School of Business, Hyderabad.

 

 

 




A Guide to Healthcare Startups

A Guide to Health Startups

By Sayan Ganguly

The healthcare startup world saw $4.5 billion in venture funding in 2015, up from $4.3B in 2014. These startups all purport to “fix” healthcare. But what does that exactly mean? What do these startups actually do? There’s no simple answer. With the myriad of problems that exist in healthcare, startups have carved out increasingly smaller and more specialized niches. I’d like to use this post to break down the different types of healthcare innovations. To start, here is an illustration that reflects how I think about today’s health startups. All views are my own

Screen Shot 2016-08-07 at 10.33.48 AM

A Guide to Reading the Map

The majority of health innovation can generally be understood via 4 linked buckets: 1) Patient Empowerment, 2) Healthcare Coordination, 3) Payment Reform, and 4) Personalized Medicine. A startup may not fit neatly into any one bucket, but most likely falls somewhere among the other subcategories. First things first, what do these 4 buckets mean?

Patient Empowerment

  • What is it?

These are startups that are strongly consumer or patient-oriented, which “empower” the patient to take an active role in their own health. Most well-known startups likely fall in this space given their consumer-friendly marketing and appeal.

  • What problems do they address?

Patients have largely been missing from the healthcare dialogue. When patients fail to feel involved in the dialogue, so does their willingness to engage in positive health practices. For example, patient adherence to medication may drop if the patient feels uninspired and uninformed about the drug, thus negatively impacting their overall health. A patient seeking a physician about a condition, without an easy-to-use online search portal, may never initiate that conversation if they don’t know where to search. The problem boils down to consumer transparency in healthcare, an industry that’s traditionally opaque from end to end.

Healthcare Coordination

  • What is it?

These are startups that bridge connections between different healthcare stakeholders. Any startup that works towards this bridge (e.g. between a nurse to a doctor, a doctor to a hospital, or a hospital to a payer, etc.) falls under this category.

  • What problems do they address?

Healthcare is very disjointed. Not only are patients generally not a part of the dialogue, but care is often siloed by setting. It’s both an infrastructure and cultural problem. It’s infrastructure in that different units of the same hospital system may maintain different types of databases for patient records. Medical records may not be passed on efficiently from doctor to doctor. Payers also own a different, unlinked set of claims data that can reveal huge insights into patient health. It’s cultural in that once a patient is discharged or leaves a hospital, there is often no continuum of care that ensures the patient continues to be adherent to medication or is following proper treatment protocols. Once a patient leaves a setting of care for an acute treatment, there may be low obligation to maintain care. This leads us to payment reform.

Payment Reform

  • What is it?

Such startups maintain that healthcare is disjointed and costly because of misaligned financial incentives. At the moment, there’s low drive to unify care because those that may reap the cost savings of improved outcomes may not be the ones investing in the change. While patient care is always the goal, the financial lens through which payers, doctors, or health systems see through could vary. These startups focus on re-aligning financial incentives across healthcare stakeholders.

  • What problems do they address?

Healthcare costs are skyrocketing and treatments are becoming more expensive. While stronger health coordination can alleviate costs, it may not be sustainable without fundamentally changing how healthcare is paid for. Can we financially incentivize health stakeholders to encourage better continuum of care? Can we demonstrate that cost-savings are possible if treatments are conducted a certain way? While government-sponsored solutions are emerging, startups are pushing ahead with platforms that help align financial incentives to benefit healthcare stakeholders, and most importantly, the patient.

Personalized Medicine

  • What is it?

Personalized medicine (aka: ‘precision medicine’) refers to the concept that as we collect more patient data (see ‘Patient Empowerment’), we can design better treatments custom-tailored to a specific patient. The majority of startups here focus on personal diagnostics and genomicbased treatments. I consider these to be the more medicallyoriented counterparts to startups in “Patient Empowerment.”

  • What problems do they address?

Treatments today are designed at a population-level. Clinical studies for drugs are conducted over hundreds or even thousands of participants. Treatment guidelines are often created via population-level inferences on what seems to work for different diseases. The availability of new patient data and emerging ease of genomics testing has enabled a new world of research into personalized medicine, whereby treatments target a patient’s medical background, treatment history, or genetic makeup. However, personalized treatments may be costly to an unprecedented level, so startups under “Payment Reform” are also seeking to address this emerging issue.

Diving into the Niches

With these 4 buckets in mind, let’s dive right into what all these subcategories mean. I’ll do my best to highlight example startups* in each specific subcategory. *Note: This is not a comprehensive nor competitive assessment of startups. Startups in the same category don’t necessary compete, but for the sake of simplification, play in a similar area. These subcategories are also not mutually exclusive for a startup; startups often offer services that play across multiple buckets. Please use this guide more so as an indication of what types of startups to explore for those interested in learning more.

*Note: This is not a comprehensive nor competitive assessment of startups. Startups in the same category don’t necessary compete, but for the sake of simplification, play in a similar area. These subcategories are also not mutually exclusive for a startup; startups often offer services that play across multiple buckets. Please use this guide more so as an indication of what types of startups to explore for those interested in learning more.

Screen Shot 2016-08-07 at 10.46.34 AM

 

Consumer Diagnostics:

These are startups that take traditionally old methods of diagnostics and make them more accessible to the public. So rather than go to a lab for testing, perhaps a consumer can buy a finger-prick device that plugs into a phone to measure glucose levels. The belief is that by making tests more convenient and accessible, patient engagement in their own health will be higher, and thus more real-time and accurate.

Example startupsVerily, Theranos (currently troubled by investigations), Cue, Proteus Digital Health, Glooko, Sway Medical, 23andMe, Ybrain, Voluntis

Wearables: Wearables are consumer-friendly devices that you “wear” to track data and metrics about your own health. It’s similar to “Consumer Diagnostics”, except for the key difference that these devices do not “diagnose” anything (and thus do not go through a robust FDA-approval process). Rather, data is collected on diet, exercise, or lifestyle indicators as opposed to cholesterol or glucose levels.

Example startups: Fitbit, Jawbone, GOQii, Basis Activity Tracker, Lumo, Sensoria

Wellness and Lifestyle: In a step beyond wearables, these startups focus on entire platforms to support a consumer’s healthy lifestyle decisions. Startups are often weight-loss, diet, or exercise oriented and provide souped-up, fun, “gamified” platforms to encourage a consumer’s commitment to be healthy.

Example startups: Welltok, LifeSum, Glow, Rally Health

Health Convenience:

Such startups look to add transparency to the decades-old, antiquated user interface and opaqueness of healthcare. Health is so complex that patients fail to engage in their own health out of sheer inconvenience. To make healthcare more consumer-friendly, startups are creating new portals to find doctors, buy insurance, pay bills, and much more all in the name of enhancing consumer accessibility.

Example startups: ZocDoc, Oscar Insurance, Amino, Pager, Stride Health, Opternative, CoPatient

Screen Shot 2016-08-07 at 11.26.25 AM

Telehealth: In addition to health convenience, there are also some real infrastructure issues that prevent physicians from communicating with their patients effectively, especially after they are discharged or leave their setting-of-care. Telehealth startups focus on bridging this gap by providing consumer and physicianfriendly tools that enhance communication (e.g. instant chat, live video, etc.) These startups don’t just help you find a healthcare professional, but look to move the entire doctor-patient relationship to the digital space.

Example startups: American Well, Teladoc, Doctor on Demand, HealthTap

 

Care Management: Such startups take a bigger picture approach to care and directly guide patients across the complex healthcare system: between different doctors, different hospital systems, or other settings-of-care. These may involve elements of “telehealth” and “health convenience,” but the overarching goal is to provide a friendly coach to keep patients engaged in the healthcare system by providing supportive services. Some are disease-focused. Some are more payer-driven. It’s a big category which can be further subdivided.

Example startups: Grand Rounds, One Medical Group, Hometeam, Wellframe, Reflexion Health, Sherpaa

Health IT and EMR: Such solutions are typically less patientcentric, but enterprise-focused for health systems or payers. These startups may target data technology issues, new EMR (electronic medical record) systems, or even new modes of enterprise communication (e.g. doctor-to-doctor). These platforms seek to unify health through updating and improving on today’s health tech infrastructure beyond patient engagement. This is another big subcategory that can be further subdivided.

Example startups: AthenaHealth, Health Catalyst, Practice Fusion, TigerText, Voalte, Flatiron Health, Syapse, PatientSafe, PokitDok, CareCloud, Pieces Technology, Medivo, Validic, QuantiaMD, CipherHealth, Kit Check, Epion Health, ManaHealth, Jiff, AiCure, Cureatr, Vivify Health

Screen Shot 2016-08-07 at 11.28.35 AM

Case Management: Case management looks to oversee care for specific acute or chronic conditions, rather than the more generalized “care management” approach. The primary aim is to reduce costs. Cases are usually disease-specific with startups taking the initiative to manage the cases health systems or payers have had difficulty managing. As a result, startups may carve out (a term used to describe when another group takes financial ownership of a medical situation that would traditionally fall to a payer) challenging conditions like “mental health” for care coordination and share cost savings accrued back to the system. As such, these startups often contain elements of “care management” or “health IT” solutions. Approaches also include defining better treatment guidelines, pathways, or protocols.

Example startups: MD Revolution, Omada Health, Ginger.io, AbilTo, Keas

Quality Metrics Reporting: Quality metrics have grown in increasing influence as a means to understand how effectively or efficiently various providers or health systems are operating. Over time, payers and government pilots have tested the idea of benchmarking payment to these metrics. Unfortunately for many physicians or health systems, finding the data for these metrics can be time-consuming and difficult. Startups have emerged that partner with providers to simplify this.

Example startups: Aledade, QPID Health

Health Exchange/Marketplace:

Many startups have taken a cue from the government-sponsored health exchanges from Obamacare and taken a privatized approach. These startups often curate their own private marketplaces for individuals or employers, such that they can more effectively choose health plans that match their personal or employee group’s profile.  Example startups: Maxwell Health, Truveris, Gravie, HealthSherpa

Screen Shot 2016-08-07 at 11.33.42 AM

Alternative Financing/Value-Based Care:

Government and startups have been exploring new payment models to replace the de facto fee-for-service (FFS) model. Whereas payers pay for each service under FFS, new payment models are being tested that pay for value of service provided. Sometimes this means paying providers a lump sum (or bundle) for an “episode-of-care” and leaving it up to the providers to dictate how they want to allocate that spend on treatments for a patient. Many variations of these payment models exist. To that end, startups have begun to help address the more difficult questions: how do you measure value? how much should the bundle be?

Example startups: Remedy Partners, Evolent Health, HealthLoop, Aver Informatics

Companion Diagnostics: Companion diagnostics are slowly changing the way treatment decisions are made or drugs are prescribed. Such devices help doctors make drug treatment decisions. Perhaps a certain gene in your body reveals you should not receive Drug X. The resulting benefit is that expensive drugs are only being used on patients where they have the highest chance of success.

Example startups: Enlitics, Tute Genomics, NantHealth (also in Health IT/case mgmt), assortment biotechs and pharma companies particularly in oncology (search for ‘targeted therapies’ like TKIs or ‘immunotherapies’ like PD-1s if you’re interested)

Genetics-Based Therapy: Genetic-based therapies are taking an even further leap when it comes to advancing human health. There are many ways to segment genetic-based therapies: genomic editing, stem-cell gene therapy, genetic-based age research, etc. As more data comes from genetic-based “consumer diagnostics,” the more that can be done in uncovering how genetic differences impact our healthcare decisions.

Example startups: Human Longevity, Editas Medicine, Bina Technologies, Bluebird Bio

“Big Data” will be Key

If there’s one core aspect of my map I haven’t quite addressed, it’s the concept of “big data.” While it may be a worn-out, overused buzzword, it’s still something that many, if not all, of the startups above touch on.




8 Startups That Are Shaking Up The Health Care Industry

8 Startups That Are Shaking Up The Health Care Industry

By Sayan Ganguly

Healthcare is one of the most searched topics on the Internet. From questions about which plan is best for you, to information about different medical conditions, the Web is often the first place people turn for answers. Check out these eight startups that are revolutionizing the way we understand and utilize our healthcare to make life a little easier.

1. Stickk

With its roots beginning at Yale University, stickK co-founder Dean Karlan noticed a need for accountability when it came to personal health. Karlan himself fell victim to the habit of setting weight-loss goals and never seeing them through. After entering into a financial contract with a friend to lose 38 pounds each, Karlan realized the true power of accountability. With major money on the line and an added ‘no negotiation’ clause, both men found themselves 38 pounds lighter at the end of their trial. Inspired by his success, Karlan wanted to share his newfound “Commitment Contracts” with the world.

So, how exactly do these contracts work? You begin your contract by setting a personal goal. This goal can be anything from shedding some unwanted pounds to quitting a bad habit, such as smoking. Once you set your goal, you can add financial incentives—deciding where you want your money to go, should you fail. Then comes your referee. Users can designate a friend to be their personal goal monitor—who reports back to stickK on your progress. Finally, you can select supporters to cheer you on in your commitment to personal health.

2. ZocDoc

In 2007, ZocDoc was created to provide the citizens of New York with a way to make dentist appointments online. Four years later, it has evolved into a Web site that now serves 12 major cities in the U.S and over 60 fields of expertise. ZocDoc allows users to search by medical specialty, along with your insurance provider and zip code. With one click, all of the doctors in the selected field in your area and insurance network are visible—along with their available appointments. By clicking on an appointment time, you can actually book the appointment on the spot. ZocDoc continues to be at the forefront of this technology—even adding an app for your phone. They also produce a blog that offers information on everything from different medical conditions to healthy lifestyle practices.

3. Cake Health

If you ask the average person to explain a hospital bill or insurance plan in depth, the answer you’ll often receive is a blank stare. Medical bills and insurance paperwork are the bane of most patients’ existence. That’s exactly what Rebecca Woodcock, co-founder of Cake Health, grew tired of after watching a friend find herself in financial and unnecessary trouble due to a medical condition. Cake Health offers users a way to track, organize and understand their medical bills and insurance policies. Once you enter your health care information into your personal and secure account, you are able to see exactly where your money is going and even track your deductibles and claims history. Cake Health also offers users alerts and reminders for things like possible overcharges, reaching your deductible and prescription refills.

4. One Medical Group

One Medical Group believes in more quality time with your doctor and less time in the waiting room. Founded by Dr. Tom X. Lee, One Medical caters to an atmosphere of hospitality. Much like with a concierge doctor, patients are given the time and care not often seen in today’s medical offices. With locations in San Francisco, D.C. and New York, One Medical is changing the way patients interact with their doctors. The practitioners see, at a maximum, 16 patients per day—about 9 less than the average doctor. This allows patients more quality time with their doctors. Patients can also log in to their personal account to book same-day appointments, view medical records and even refill prescriptions—saving an extra trip to the doctor. One Medical also allows patients to email their doctor directly with questions and even treatment updates.

5. RedBrick Health

A health technology and services company, RedBrick Health is leading the health care industry to Consumer-Owned health. This concept allows employers to promote wellness in their company, as they guide their employees to take ownership of their personal health. RedBrick offers personal wellness programs—such as biometric health screenings—to employers looking to decrease their insurance costs. These programs reward healthy behavior in employees while also promoting long-term healthy lifestyle choices. They believe healthier employees increase productivity in the workplace. RedBrick stands by their mission to help people live the fullest and healthiest lives they can possibly live.

6. Avado

With products for both the provider and patient sectors, Avado is changing the way doctors run their practices—making visits easier on their patients. Their Patient Relationship Management (PRM) system offers a way to effectively engage in a partnership with their patients. The PRM allows doctors to send patients reminders to take their vitals, perform their physical therapy and even reminders to take their medicine. Avado allows patients to have a true relationship with their physicians, and at the same time, feel like they have a voice with their personal health care. Avado’s PRM system is a great way for patients to record and track their health history by uploading their vital statistics. This tool is not only helpful to individuals, but to families in need of organization when it comes to their medical needs.

7. Bloom Health

With a vested interest in both employers and their employees, Bloom Health is changing the way you can choose health insurance. Bloom Health offers employers a way to give their employees options when it comes to health care. How does it work? Employers offer a defined amount of money toward each employee, and through Bloom Health’s personality report, individuals can choose which plan suits them best. After taking a quiz, employees are given the best insurance plans based on their individualized results. Next, they can compare and contrast plans against what they currently have. Should the employee choose a different plan, Bloom Health takes care of the application process with one click.

8. Sharecare

Realizing the educational power of the Internet, Dr. Mehmet Oz and Jeff Arnold created Sharecare—an interactive Q&A platform to provide quality health care information to the public. Sharecare gives people clear and concise information about their health, all in one place. Renowned doctors, expert researchers and leading medical professionals come together to offer the most current treatment options, wellness advice, nutrition information and much more. Commercial brands answer questions about their products, so users can make an informed decision about their well-being. Sharecare established an Advisory Board, hosting the finest medical professionals in the industry. They represent the different areas of medical expertise and are committed to consumer health education. Sharecare also has an A-Z reference library for many medical topics. Simply type in a question and get instant answers from top medical professionals around the world.




What is Startup Weekend Hyderabad

Startup Weekend Hyderabad: Healthcare & Analytics swhyd.co.in

One weekend to start a business? Is it even realistic? Hell, yeah! At Startup Weekend Hyderabad we present you the challenge! In fact our slogan is “I started a company in 54 hours, what did you do last weekend?!”, and trust me – it doesn’t get any better than this!

It’s a simple event. Participants are of various kinds – you have geeks/developers who know nothing else but coding, Designers, hustlers/communication experts who are good with marketing, and then there are the guys who are bored to death in their job and think “Entrepreneurship?! That’s fun!”.

For the first two days, it is only the participants, mentors and the organisers! Third/Final day, the judges come in to pick the winners! So, first we have the participants pitching their ideas to everyone in one minute (elevator pitches). Then, we have everyone voting for the ideas/pitches they love the best – 25 of the top voted ideas are chosen to be worked upon! Participants, then form complementary teams and work on making a prototype/business plan for the chosen ideas! Mentors will guide all the teams and offer plenty of advise! 

After all the task completions, working like hell through days and nights, yelling at each other, giving everything they’ve got, in short, the teams, eventually sell the dream! And that is, the final day presentations of business plans/prototypes to the judges(5 minute pitches) who criticise with passion and the verdict is finally out! Winners are announced, we have top three places and a crowd’s favourite! 

The winners getting amazing prizes that range from free office spaces to software licenses for limited periods of time!

For most of us, Startup Weekend Hyderabad teaches a lot about startups and how to go about them! And for a handful of us, it might still not be as clear – but then it is true that above everything else, Startup Weekend Hyderabad is filled with fun, networking, passionate people, adrenalin rushes, massive loads of food, lots of coffee, and wonderful experiences!

-Varun Mallapragada.

Startup Weekend Hyderabad (Healthcare & Analytics) will be held on 26th – 28th of August, 2016 at ISB, Gachibowli. To participate, please register at Page on swhyd.co.inScreen Shot 2016-08-05 at 3.17.27 PM




Prizes for Startup Weekend + Global Startup Battle on 20-22 Nov.

Prizes for the Startup Weekend Hyderabad + Global Startup Battle @ T-hub Hyderabad

  1. 91 Spring Board

For Winner: Coworking pack with 100% fee waiver for a 2 month’s duration. Three one-on-one mentor sessions of choice with the hub’s expert mentors. (Limited to a 3 member winning team)

2. BW Accelerate

For Winner : Giving opportunity and select a Startup for BW Accelerate program directly for the next upcoming batch.

3. Exotel (www.exotel.in)

For winner : GOQII For 1St winners. & goodies of Exotel

For participants : INR 5,000 in Exotel Credits to each participant.

Exotel allow the participants to use our Call and SMS APIs for Free

4. The August Fest (www.theaugustfest.com)

For Winners : Free tickets to Campus fest

5. The Angel Summit www.theangelsummit.com )

For winners : Free tickets to winners

For women Founder : Direct Stage to pitch in front of Investors .

6. Cloudboost (www.clouldboost.io)

1st Prize Winner: $500 free credit

2nd Prize Winner: $350 free credit

3rd Prize Winner: $200 free credit

Participants: $100 free credit per team

7. Magikminds (https://goo.gl/MOSVX0 )

For winners : Free tickets to the Initiative for Spatial Startups

8. Takeoff (www.takeoffnow.co)

Free minutes to all the Winners & Participants.

9 . Payumoney

For winners : Free Payment Gateway, and TDR at 1.9% for the first 3 months.

10. Amazon Web Services 

For winners : $500 credits of AWS

$100 credit vouchers for all attendees

11. Google Cloud credit

Participants: $300 for all participants

12 .Co

Participants: Free domain name subscription for 12 months

Team

Startup Weekend Hyderabad




“Global Startup Battle” – Startup Weekend Hyderabad

GSB2015_BGLogos_RGB_Primary Green Bug_rgb_rgb_300_202

I’m sure everyone has heard about Startup Weekend Hyderabad, if not please refer to our previous article about the event or visit our website to get all the information (give below).

Global Startup Battle(GSB) was created by the community and for the community. It is the your chance to compete against teams from across the globe! First you take part in the Startup Weekend at Hyderabad and then the winners will be contesting against those in the region of Asia Pacific, and then globally! In the GSB you represent your city/region and bring home the startup glory, joining the legacy of the GSB winners!

GSB has several themed tracks that offer different prizes, sources and judges! These tracks are as follows:

  1. Champions Track– The best of every city/region.
  2. Great in the Making(Made great by Mr.Coffee)– Products, technologies and solutions that improve the lives of others in one or more areas – Home Life, Work Environment, Transportation, Organisation, Convenience.
  3. The Innovators(Powered by .CO)– For all Startup Weekend teams launching their brilliant ideas on a .CO domain.
  4. Disruptors and Big Ideas(Powered by Transpose)– For inventors and entrepreneurs who naturally think outside the box, pushing innovation forward by tackling industry wide problems, not just small scale solutions.
  5. Mobile Growth Track(Sponsored by Branch)– Mobile Apps that have Branch’s SDK integrated, dashboards collecting data with links team’s create and with sharing switched on.
  6. Open Track(Sponsored by The Company Corporation)– For teams outside GSB Startup Weekends, unlocking and providing the benefits and value of GSB to all.

..More coming up soon, http://www.globalstartupbattle.co/tracks

Prizes for each track vary, ranging from access to conferences like GEC(in Milan), CES, launch conference, etc. to incorporation services and mentoring; The Next Web Conference in Amsterdam to memberships in WeWork and Founder Institute; Business consulting, testing of devices to meeting with the media; Branch Technology access to working out of their office space; And many many more prizes! Check each track’s page and all the prizes are listed http://www.globalstartupbattle.co/tracks

– Varun Mallapragada.

Startup Weekend Hyderabad (GlobalStartupBattle) will be held on 20th – 22nd of November, 2015 at T-Hub, Gachibowli. To participate, please register at www.swhyd.co.in




Startup Weekend Hyderabad

One weekend to start a business? Is it even realistic? Hell, yeah! At Startup Weekend Hyderabad we present you the challenge! In fact our slogan is “I started a company in 54 hours, what did you do last weekend?!”, and trust me – it doesn’t get any better than this!

It’s simple event. Participants are of various kinds – you have geeks/developers who know nothing else but coding, Designers, hustlers/communication experts who are good with marketing, and then there are the guys who are bored to death in their job and think “Entrepreneurship?! That’s fun!”.

For the first two days, it is only the participants, mentors and the organisers! Third/Final day, the judges come in to pick the winners! So, first we have the participants pitching their ideas to everyone in one minute (elevator pitches). Then, we have everyone voting for the ideas/pitches they love the best – 25 of the top voted ideas are chosen to be worked upon! Participants, then form complementary teams and work on making a prototype/business plan for the chosen ideas! Mentors will guide all the teams and offer plenty of advise!

After all the task completions, working like hell through days and nights, yelling at each other, giving everything they’ve got, in short, the teams, eventually sell the dream! And that is, the final day presentations of business plans/prototypes to the judges(5 minute pitches) who criticise with passion and the verdict is finally out! Winners are announced, we have top three places and a crowd’s favourite!

The winners getting amazing prizes that range from free office spaces to software licenses for limited periods of time! And the upcoming event is a part of our beloved “Global Startup Battle” which gives winners the chance to participate at a global level and win even bigger!

For most of us, Startup Weekend Hyderabad teaches a lot about startups and how to go about them! And for a handful of us, it might still not be as clear – but then it is true that above everything else, Startup Weekend Hyderabad is filled with fun, networking, passionate people, adrenalin rushes, massive loads of food, lots of coffee, and wonderful experiences!

– Varun Mallapragada.

Share to support SWHyd
Share to support Startup Weekend Hyderabad

Startup Weekend Hyderabad (GlobalStartupBattle) will be held on 20th – 22nd of November, 2015 at T-Hub, Gachibowli. To participate, please register at www.swhyd.co.in




Entrepreneurship – Global Startup Week

Logo-with-GSB-_-TECH-STARS

The first time I heard the word “Entrepreneur”, it was said by a fairly older gentleman, who frantically walked on the stage, waved his arms about and kept saying the word like it was a sort of mantra. We all laughed, my friends and I. Frankly, we never had the intention of paying attention that morning.We just found him to be someone we could point our fingers and laugh at. That was 12 years ago and I didn’t know it back then, but astoundingly, I find myself in a similar position the man on the stage was in. Figuratively, I find myself trying to convince a sceptical audience of the concept of a start up or an idea, and figuratively, the criticisms and questioning feels like the audience pointing a finger and laughing at me.

I suppose I can finally understand what the old man was on about. The feeling of bringing an idea to life is an exciting prospect. It’s a promise of a dream you can provide yourself with and an intangible sense of purpose that is finally, potentially, attainable. But beyond all the ‘fairy-tales’ and ‘lofty ideals’, start-ups aren’t a very novel concept obviously. The fruition of our imagination and our ideas is one of the fundamental characteristics of our species. The man who invented the wheel, the first farmer and the first carpenter could all be considered entrepreneurs. Being entrepreneurs is who we are. We are living in a wonderful time, full of challenges that need to be addressed and full of problems waiting for ingenious solutions. While the industrial revolution and the software bubble were the great start-up generators of our recent history, never in our collective memories as a society, have we faced the scale of challenges we face today, challenges that have the potential to affect every single person’s life. As potential entrepreneurs we are the answer to these challenges.

At the Global Start-up Week, we will provide entrepreneurs with every resource they need, expose them to ideas from across the world, have veterans put their ideas to the test and eventually select the team that may have the answer to questions we may not have even thought of yet.

As a potential entrepreneur, you will have everything you require to leave your mark on this world. All you need to do is use your imagination.

– Anirudh Valluri.

Startup Weekend Hyderabad (GlobalStartupBattle) will be held on 20th – 22nd of November, 2015 at T-Hub, Gachibowli. To participate, please register at www.swhyd.co.in




Startup Weekend: How to approach the event and get maximum things out of the weekend

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In November 2014, our team Ubrand won Startup Weekend Hyderabad. We were also fortunate to be selected in top 6 ideas in women’s track for Global Startup Battle, San Francisco. The team consisted of 6 members. I am Pawan, one of them. I had been to Startup Weekend Mumbai 2014 too, before this but did not win anything in my first attempt. This time I decided to approach Startup Weekend in a different way and I could see the effect in the result. Startup Weekend has given me so much in my life and hence wanted to return the favor and hence, I decided to write this article.

Generally this is what happens in Startup Weekend: (First day) Everyone pitches an idea, voting happens, teams are formed for the 8-9 top voted ideas; (Second day) Brainstorming, meeting with mentors, customer validation and making the product and (Third day) final presentations and Q&A session and declaration of winners.

The following are my main learnings from my Startup weekends: (Forgive me, the article is slightly extensive but it will give you a feel what it is all about)

Understand your strengths:

The very fundamental thing you need to be prepared with is an understanding of what skill sets you have. Are you a confident developer? Are you good with quick wire-framing? Are you good at presenting ideas? Are you good at planning tasks? Are you good at identifying skill sets among others? Are you good with selling stuff? Are you good at making presentations? Are you good with designing UI /graphics?

It is important to understand that when you are trying to work in a startup ecosystem, you need to bring in some skill sets on the table. For that, first step is to understand what those skill-sets are for yourself and this is where Startup Weekend comes into picture. It is like a microcosm of the startup ecosystem.

It is absolutely fine if you do not have expertise in any of the skill sets but the least you can do is to make them better by either preparing /practicing more on those skill sets or coming to Startup weekend to learn more and get a head start on learning them.

The Pitch

Personally, for both of my Startup weekends, I screwed up the pitch big time. I felt like Rahul Gandhi while pitching the idea. I had no idea of what I was speaking. However, as soon as I finished my pitches, I was mature enough to understand that this is just the beginning. I personally feel the more uncomfortable experiences you have in your life, the stronger you become, the more confident you become. I treated it as one more uncomfortable experience and moved on. And as a result, I was pretty confident in the final presentations and Q and A.

Go with idea which you feel needs you, not which is glamorous

People feel that the first-day pitch is the most important aspect of Startup weekend. I feel it’s about 20 percent important in general (unless your key strength is presenting ideas), the rest 80 percent is you selecting the right idea to work on. If you have been in startup circles for some time, you must already know that no idea is unique nor owned by anyone. Idea is just an energy which some people are able to detect and express it much better than others. It is the actual end product which matters. Hence, be very careful with ideas you choose to work upon. What I always do is make a list of interesting ideas from all the pitches and what I can contribute (from skills point of view) in that idea to turn it into a successful product.

Finally, I decide to select the idea which has

  1. a) Tremendous potential impact and business value (and not just social value or glamor created by the pitch itself)
  2. b) Which is almost new and not worked upon already by the pitch-maker. This will expose you with many new aspects of the product and also, will give you a sense of ownership.

In my first SW, I went for a not-for-profit social product which is still very close to my heart but it could not convince judges especially business aspect of it. It is kind of funny when our business model is the only aspect which gets scrutinized in the final presentation for a product which was not-for-profit. But the fact of the matter is, in order for anything to be successful, it should have a strong business proposition. However, this becomes extremely difficult job to come with one for social ventures. Hence, it’s ok to go for slightly conservative ideas where you can attach an already proved business model.

Honesty with mentors

Mentors are not there to validate your ideas. Stop selling your ideas to them. This is the most general tendency I have seen in other teams. The best way is to treat mentors as your team. Pitch them your idea, ask for their inputs on what is good and what could be improved. The best thing about SW is that the mentors are (at least, 90 percent of them) very experienced with products and so, they are exceptional in asking the right questions and sometimes, even in answering them. And have someone in your team to note all the points which you discuss so that you can prepare for final Q&A round from this set of questions.

 Keep up your enthusiasm

One more thing I have observed is teams lose out on initial excitement and enthusiasm after the first day. That affects the quality of work. It just becomes a competition, a competition of perception of the products and not the product itself. The reality becomes clear directly in the final presentations. (Well, that is also a perception but its perception based on actual work) So, don’t fall in that trap of competition because each team’s approach and stress on various aspects of the product will be different, it’s the end result that matters.

 Do something concrete, quick prototyping

I have seen so many great presentations, great individuals, great teams fail in SW because they didn’t have anything working. All they had is a plan. I also take this opportunity to say that if you don’t build a prototype, your probability of winning goes down by about at least 50 percent. I was fortunate that I had two very talented developers in my team who stayed up all night and finished the prototype in one night. That is the spirit of Startup Weekend. So, pick a developer or at least somebody with wire-framing skills in your team and an urge to do extra ordinary things in extremely less time. Otherwise, it’s going to be an uphill task to win this competition.

 Close as many hypothesis-proof-conclusion cycles as possible

Building something is important, but in parallel, you need to ask all the fundamental questions about the product and its market. Those questions are brilliantly articulated by Startup Weekend team. Answer all of them using some facts or proofs. Those proofs could either be in form of customer validation (surveys or personal interviews) or actual data. Use reliable sources before quoting something. I also recommend taking a deep dive and going through 2-3 relevant research papers (We went through at least five of them). The main reason is you should be able to write what is our hypothesis about what should work, why it should work and then prove it. This kind of structured thinking will help you all your life if you decide to work on products professionally in future.

Customer validation: Half the battle won

What better than customers wanting to use your product before you even build it. We were lucky that we had two clients already ready to tie up with us when we were finished with the prototype. But its not that simple. We almost spent a day in finalizing the core and our market and direct customers. To be very honest, we finalized on the core of our product in late Saturday evening, when most of other teams had started preparing final presentations on Sunday evening. After that, overnight we developed a prototype and went to customers on Sunday morning and generally when they see actual working product, they can actually validate your product.

Take lead and identify traits of team members as fast as possible and distribute the work

As you must have realized by now, making a full android app, going through 5-6 research papers, meeting 50+ potential end users, meeting 10+ potential clients and collecting data and figures etc. is not a work of one extraordinary team member, it’s a team effort. Use team efficiently by division of work. Identify or ask team members what they are good at and which aspect would they like to work on and then clearly make division of work. Also, remember, a wise Guru once said “No one likes to be managed but every one longs to be involved.” Involve all, give them responsibilities and you will see at the end of 72 hours, you would do something magnificent.

 Network with people any way, genuinely

Yes, you are there for a competition. Yes, you have loads of work to complete. But networking and helping other participants is also very important. I remember sharing my past research paper on market analysis to a competing team since they were working on the similar product. We still are in contact because that action was bona-fide and I also remember helping couple of other teams with positioning and product. Also, I had good talks with people from different spheres of life in SW and that became very important part of my learning. And yes, at the beginning it’s very very awkward.

Do not under estimate final presentations – do something unique

Presentations are not everything but if you don’t present good, it will blur all your efforts. So, prepare hard for presentations from Sunday morning. And try to be different, unique. In our case, we were the least impressive speakers among all other teams. However, I did read somewhere that a good presentation is when you know when to modulate your pitch and not to be consistent. That will bore the hell out of audience and none of us very capable of changing pitches. However, we figured out that all three of us had different voice pitch. So, in the final presentations, all three of us presented in a round robin fashion and I think we did pretty good job. We also placed funny images and gifs in between to keep the audience attentive while not overdoing it too. You can do something more unique and get some cherry points for the presentation efforts.

Generally pre worked ideas do not work

I might be slightly inexperienced to make this conclusion but I have not seen pre worked ideas winning this competition. This may be because it generally becomes one man show or teams generally become too much aggressive to defend some aspects because they have worked a lot on them.

For my first SW event, I pitched something which I worked on for more than 3 months and I failed miserably because I could not complete what all things I needed to say in one minute. So, for the second time, I had an idea but I didn’t go very deep into it, just prepared for the pitch for half a day. Though while pitching it was rejected, I found a team with a similar idea, joined that team, and worked on an amalgamated version of our ideas.

 Don’t be selfish

Yes, you have come for a competition. Yes, you want to learn everything. But, you also need to understand that there are team members who might have just joined the team to learn few things. Help them, teach them, show them how it’s done, involve them and I am sure they will never forget you for rest of their lives.

So in conclusion, irrespective of who wins the competition, you get following things out of SW:

  • You learn life in less than 72 hours: The more problems you solve, the more things you will achieve
  • You get incredible opportunities: You may get startup offers or you may get opportunity to continue work on same idea with same team after the competition in the actual world. This can be your entry point to startup ecosystem.
  • Confidence and feel good factor: At the end of third day, you will feel that you are much confident after this experience and you will feel good about yourself and your decision to join the event.
  • You will have one more adventure for rest of your life to tell it to your grand kids

So, in conclusion, the point when you decide to come for Startup Weekend, you are giving yourself an opportunity to change your life forever.

Authored by

Pawan Sevak

Startup Weekend Hyderabad
November 20th, 2015




Prizes for Startup Weekend Hyderabad – FinTech Edition

1. IBM Bluemix

• 1st Prize Winner: Free license valid for 1 year

• Participants: Free license valid for 30 days

2. 91 Spring Board

• 1st Prize Winner: Coworking pack with 100% fee waiver for a month’s duration. Three one-on-one mentor sessions of choice with the hub’s expert mentors. (Limited to a 3 member winning team).

3. Ozonetel Systems Pvt Ltd

• 1st Prize Winner: KooKoo Gold ports (5) for six months, worth Rs. 60,000

Participants: Each team will win KooKoo Silver Egg account, free for 3 months, worth Rs. 7,500. Also, the CPBX One India plan free for 3 months, worth Rs. 4,500. With CPBX you can build a startup in a weekend and get a business phone system for your startup!

4. Stunnly

• 1st Prize Winner: One minute explainer video worth $249

5. August Fest

• 1st Prize Winner: The Winning Team (3 Team Members) from each city will get Complimentary Tickets to The August Fest 2015 – India’s Largest Startup Conference. Complimentary demo pod at The August Fest if product is related to Internet of Things/Wearable/Healthcare Tech.

• 2nd Prize Winner: Complimentary demo pod at The August Fest if product is related to Internet of Things/Wearable/Healthcare Tech.

• 3rd Prize Winner: Complimentary demo pod at The August Fest if product is related to Internet of Things/Wearable/Healthcare Tech.

Special discounted delegate passes to The August Fest 2015 for the SW India Alumni. All paid trip to the winning team The August Fest – India’s Largest Startup Conference, to only One Winning Team (2 Team Members) chosen from all the Startup Weekends happening across India before August 2015.

6. Cloudboost

• 1st Prize Winner: $500 free credit

• 2nd Prize Winner: $350 free credit

• 3rd Prize Winner: $200 free credit

• Participants: $100 free credit per team

7. Startup Studio

• 1st Prize Winner: Introduce to Federal Bank team for winners and help through Startup Studio Acceleration Program.

8. Amazon credit

Participants: $100 for all participants

9. Google Cloud credit

• Participants: $300 for all participants

10. .Co

• Participants: Free domain name subscription for 12 months




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