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Background Information |
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Private business incubator, funded by the
founder's family
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Established in January 2001
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Corporate mission –
to assist
entrepreneurs plan, prototype, market, launch innovative products and
services and therein build successful companies.
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Key to Success |
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Entrepreneurial experience of the Founder
– Rahul Patwardan, CEO & President of Indiaco, established 8 firms and
2
venture capital funds in India and the United States.
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Visionary leadership
– Rahul Patwardan,
CEO has a great vision going beyond the borders of his incubator; he also
conducts theoretical research in the field high-tech entrepreneurial
development and constantly benchmarks Indiaco against other best
incubation practices in the world.
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Advantageous location
– a wealth of IT and
biotechnology talents
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Milestone-based e-mentoring
– Indiaco
established an Intranet for its tenants and developed a milestone-based
e-mentoring tool that guides tenants companies through various stages of
their start-up venture development process.
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Provides tenant companies with access to
venture funding
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Indiaco invests in its tenants through buying
5% of their stock at par value
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Indiaco established a club of business angels
and venture capital firms from India and the United States and interfaces
between its tenant companies and investors
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Most promising
technologies are patented in
the United States.
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Standardized communication interfaces
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facilitates convenient internal and external communication.
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Holistic Approach to Building
Companies
Creating an Ecosystem Helping Tenants to Excel |
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Indiaco's approach works like 5 basic elements
of nature:
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Earth
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functions as the root, ground, or source within each phenomenon, solidity
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Water
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entails flow, continuity, penetration
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Fire
– entails life, heat, activity, clarity of the mind
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Air
– depicting change, movement, maturity, life supporting
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Space
– intelligence, communication, formlessness, and creative potential
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Selecting Tenants: Considerations for
Entry |
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Is the technology compelling?
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Is there a large and growing market for the technology?
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Is the founder/team committed and capable?
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Is the lead entrepreneur "coachable"?
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Does the incubator have the capability to help the company?
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Does the management of the incubator like
company leaders and will they add to the positive
environment at the incubator
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Indiaco – a Business Incubator with a Difference
Indiaco was established in
2001 as a private equity
investment firm that invests in hi-tech start-up’s in India that can access
global markets.

Indiaco's
mission is to assist entrepreneurs plan, prototype, market, launch
innovative products and services and therein build successful companies.
By 2004, IndiaCo was recognized by various multilateral
agencies and won support from the World Bank and the Department of
Science & Technology, Government of India
Indiaco's investment
strategy hinges on its ability to invest value added capital through
providing early stage hi-tech start-up ventures with operational support and
infrastructure, management support and
coaching, and access to a network of
service providers, vendors, customers and next stage investment capital
resources.
Indiaco has build its core
competencies in supporting web-based eServices, enterprise software and
hardware products, as well as in bio-medical devices, drug development and
delivery, bio-informatics as well as other technology based growth areas
where intellectual property is a key measure of
competitive advantage.
Indiaco is a
symbiotic constellation of start-ups, R&D organizations, investors and
service providers to the Hi-Tech sector.
Indiaco functions
as a “venture creation engine” in addition to being a resource center and
incubator for high-tech startups and early stage companies, Indiaco helps
translate lab research into consumer products and provides an infrastructure
and network to support entrepreneurs.
Indiaco
marries entrepreneurs and technology to build companies and commercial
products, and provides a mechanism for major corporations and government
laboratories to spinout technology.
Indiaco operates a series of
incubating clusters (Indiaco iCenters) that help entrepreneurs reduce
their costs, exposing them to a network of industry and academic contacts,
providing advisory support and a structured business growth roadmap.
Achievements After the First Two Years in Operation
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Presently located in
India, US, Australia, and Chile
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Invested
in 37 tenant
companies
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40,000 SqFt
of commercial space, with internet bandwidth, plug and play offices.
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Helped
tenant
companies raise over Rs.35 crores
(US$7 million) in
private equity
Venture Financing Process
Services
Provided To Tenant Companies
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Milestone-based e-mentoring
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Virtual programs available consisting of the full gamut of coaching and
advisory services, including the use of all conference rooms, equipment,
and temporary office space.
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Office space available at one of our Indiaco facilities
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Mentoring and advise from a team of experts in the Indiaco's Advisory
Program.
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Unmatched referral network of high-level Silicon Valley resources to help
you make the right connections to achieve your goals Personnel services
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In-house general counsel and law group
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In-house Marketing Communications services including the creation and
maintenance of:
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Company and product branding
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Logo and corporate style guides
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Marketing collateral design and copywriting websites
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Public relations and media assistance
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Advertising campaigns
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Direct mail and email marketing campaigns.
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Use of any of conference rooms
Programs to ramp up your development or launch:
Venture Showcase - helps you fine-tune your presentation before experts
from the industry.
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Referral Program - introductions to the right people & services.
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Free Legal Clinics - get the advice you need. Venture Fairs - meet with
potential investors.
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Founders Forum - exchange ideas with local CEOs.
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Student Interns
Contact Details:
Rahul Patwardhan
President & CEO
Indiaco.com (P) Limited
Indiaco iCenter, 214 LBS Road , Pune 411030
, India
Tel:091-20-402-1357,091-20-402-7155,Fax:
091-20-433-4978
Email: rahul@indiaco.com
URL: www.indiaco.com
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