How to prevent data breaching in an organisation

Startups are more prone to data breaching. The vast majority of data breaches come from human error and social engineering.

The single most effective way to protect yourself from a data breach is through Security Awareness Training. Here are some specific security tips to avoid data breaching:

Don’t click on anything suspicious or any type of attachment you are not expecting. These types of attachments contain malicious trojans and viruses that send data remotely to their servers.

Hover over a link to make sure it is a valid link. Look for https:// instead of http:// in URL.

Backup your data. Use multiple forms of backup as backup often fail. Test the restore function and make sure it works.

Train your employees on security awareness. Not everyone is an IT expert, so in order to secure your organisation’s data, cyber security awareness sessions should be conducted by the organisation.

Don’t pick up any stray USB’s and don’t plug them in. As these types of USB’s can run background process as soon as they are plugged in. So avoid using them.

Use a password tool to protect your passwords. Mostly password tools use an encrypted password to protect files and folders. Not only they are hard to crack but also introduces another level of security to the files and folders.

Avoid using free WIFI for your work. When someone uses wifi, they put themselves in their network, and anyone in that network can monitor network traffic and decode or re-route.

Use a good antivirus and built-in firewall for systems.

A simple and easy solution that won’t break the bank for start-ups is to store their data on a cloud solution that incorporates data-centric security as opposed to application-level security, meaning that security measures are embedded in the data itself as opposed to focusing all protective measures on infrastructure.

In the scenario of a data breach, and if documents are enabled with data-centric security, access to those files can be revoked remotely.

Why one should start their career with Startups

Start-ups are all about the people who are able or willing to stand out from the crowd and put some extra efforts to make their career successful. Here are the few reasons why one should opt for a career with startups.

You will get the knowledge of every divison:

A start up would provide you with more exposure, experience, and a hell lot of ideas. Working in start-up helps you to get the knowledge of every department. Even if a start-up employee was hired as a marketing assistant, it is more likely that he will also work as an accountant, an IT tech, an HR rep and so much more, it means employees have first-hand experience with a number of positions, giving them unprecedented insight into the efforts of different departments and allowing them to interact more easily with different teams.

Your work will be recognised (so as your failure):

At a large organization, it may take five or six years before you’re able to lead an important initiative. In a start-up environment, that may happen during the second month of job. On top of that, the entire company will know who led the project that made the product better, won a big client or improved a bad process. So, you’ll be recognized for your work. Just make sure it’s good, because the recognition works both ways and this is a good thing as this keeps you focused and on your game.

Start-ups are tough:

Let’s face it, if working in a start-up environment was easy, everyone would do it. The hours are long, benefits are slim, and the risk is high. Employees who are looking for a predictable environment and an easy or safe job shouldn’t work at a start-up, because those things just don’t come as part of the package. Working at a startup also means that you and your small team are the only people responsible for your success. At a startup, that natural wish to be self-sustainable is magnified, triggering the do-or-die attitude that is often the difference between success and failure.

Futuristic Investment:

Working in a start-up is like an investment into your future. You may work for few years in a start-up, earn less than what your friends did, have a simpler life but in the end, you have more skills to make money as an entrepreneur and by that time your friends will be left with that monotonous 9-5 job.

In short, we can say, working for a start-up can give you valuable experience you can utilize to become very successful in the business world.

What JA looks into whilst selecting startups

Jaarvis Accelerator being a tech accelerator focuses on tech-enabled startups which have to meet few criteria’s before being selected for JA 6-month accelerator program. The rigorous selection process criteria for startups involve: –

1. A complete application form: – A startup needs to submit a complete application form filling all the details mentioned in the form with all the relevant information. An incomplete application form is not a major hassle but shows the lack of  dedication of a founder in explaining his/her startup.

2.Business Model: –

a. Business Plan: – The first thing we look up in the business plan is the market demand i.e the idea is market driven or not. Is the idea solving an actual problem prevailing in the market?

b. Scalability: – The business should have the potential to multiply revenue with minimal incremental cost. Just because others think an idea is cool, that doesn’t mean it is scalable. A scalable idea helps to attract more investors.

c. Uniqueness: – How different is your idea from the rest present in the market? This does not mean that you have to create a new market because creating and holding new market is more difficult than incremental improvement/uniqueness like Facebook was not the first social network.  It was a clone of HouseSYSTEM and myspace.

d. Competitive Landscape: – the Fourth aspect we look for is your edge over competitors. One must have a way to differentiate them from others and should create something which will be difficult for the competitors to replicate, often called barriers to entry.

e. JA Focus Theme: – JA is particularly focussing on domains like Iot, Fintech, AI, Big Data and SAAS but this doesn’t mean we ignore other startups domain, if you have an out of the box tech-enabled idea it is also considered. In addition to this more preference is given to startups operating in the B2B segment.

3. Founders: – First and the foremost thing is the educational background of the founders. Then the previous successful experience of the founders matters a lot because If a startup has experienced founders who have worked for a long time will boost a spin-out’s ability to start quickly and operate smoothly. They will be able to really hit the ground running. A diverse team with a tech founder gives an edge to the startup over others.

4. Revenue Model: – What are the strategies for a startup to manage revenue streams. We want to know what does the time horizon looks like, when there is going to be money to be seen, what the next major milestones are—bottom line…when a startup is going to start making revenue? A revenue forecast no further than 12-24 months with burn rate. If they want to raise funds, then how much and at what valuation.


Techstory: 4 Public Relations Hacks That Can Be Used For In Your Startups’ Success

“End of the day it’s your startup and its your story, even the most efficient PR agency can’t make the magic happen the way you would. Strikes a chord?” –Sayantan Dasgupta

Women Entrepreneurs – Changing The Indian Economy

In the last decade India has witnessed the emergence of highly successful women entrepreneurs. A report by International Labour Organization on women entrepreneurship points out the problems faced by women entrepreneurs like lack of family support, lack of capital, lack of confidence etc. which restricts a woman to start up. However, most Indian women do have natural entrepreneurial skill sets. The way our mothers and their mothers efficiently managed the household with no extra income proves the above statement. Today, there are many institutions, programs, bodies in India who have been instrumental in fostering women entrepreneurship and is helping in changing the myth that women cannot be economically independent. With the rise in opportunities and women empowerment we see a lot of women entering the corporate world and also taking up entrepreneurship especially in the SME segment.

Fighting against all the odds, India still has been a home to many phenomenal women entrepreneurs who have contributed to the growth of the Indian economy. These women have become the job creators and are regarded as role models by thousands of women.  Here’s a few of them worth mentioning:

Meena Bindra: Started as a hobby to earn some pocket money, today BIBA has a presence across 76 cities in India and has 192 exclusive outlets with an annual turnover of around INR 600 crores.

Indu Jain: She is currently the Chairperson of India’s largest media group, Bennett Coleman & Co. Ltd. She was awarded Padma Bhushan by the in the year 2016.

Kiran Mazumdar Shaw: She is the Founder and Managing Director of Biocon Limited. Started in 1978, Biocon is today one of leading players in biomedicine research with a focus on diabetes and oncology.

Vandana Luthra: Born in Kolkata, India she started VLCC in 1989. VLCC is today a beauty and wellness giant has its presence in 11 countries across Asia, Africa and the GCC. In 2013, she was awarded the Padma Shri award and has been recognized as the 33rd most powerful business woman by Fortune India.

Swati Bhargava: She is the CEO & Co-Founder of CashKaro, one of the largest cashback and coupons sites in India. Since its inception in April 2013, CashKaro has worked with more than 1500 brands like Amazon, Snapdeal, Jabong etc. and is constantly growing year after year.

Ekta Kapoor: She is the woman behind Balaji Telefilm serials who changed the face of the Indian television. Loved by thousands of people, her serials have been seen all over India and the world at large. Ekta Kapoor has also won the Hall of Fame award for her contribution to the Indian television industry.

A note to women entrepreneurs – Few things one must know before starting a business:

  • Do something that you are passionate about. Pursue it in a constructive way, do not worry about choosing between family and your startup.
  • Family is the joint priority of both men and women.
  • Hunt for co-founder with complementary skill sets.
  • Don’t start something without doing deep dive research on it. Do a proper feasibility due diligence before starting.
  • Try to understand all the stat & legal requirements well in advance and plan for making arrangements accordingly.
  • Assess capital requirement and plan your bootstrapping accordingly.
  • Find out how many have failed in your domain and why?
  • One has to do a lot of networking at events, meetups, one to one meetings etc, will you be able to do that? This will require travel and staying away from home.
  • A better planned road map is more important than a better plan.

Women entrepreneurship in India is increasing where females account to 40% of entrepreneurs (according to OECD survey). It’s never too late to start up, women in India are rising and will soon grab the world by the lapels.

Entrepreneur India: 4 Digital Marketing Tips for Startups in Early Stages by Neeraj Vijayvargiya (Digital Marketer, Jaarvis Accelerator)

Startups have limited funds during the bootstrapping stage. One of their crucial goal is to woo the investors so that they can market and grow their product or service. In order to justify their reach, digital presence is an important factor to consider these days. Here are some ways by which one can leverage digital marketing and social media to grow their business.

Yourstory: Gurugram based R2 Robotronics enables drone deployment at 50% of the cost

Aman calls it the Android-to-drone, which enables one to use a drone with any sensor despot. The dual-AI system makes sure that even if the server loses touch with the drone for a second, the system will have no problem navigating its path.

Compulsory Convertible Debenture- The Preferred Investment Instrument by Shubhra Mishra

CCD or Compulsory Convertible Debenture is a familiar term for most promoters and investors in the start-up ecosystem as it basically means an instrument issued by a portfolio company in the form of debt against an investment and is convertible into equity shares of such company at a specified time (no later than 10 years from the date of issuance in India).

Techstory: Tax Benefits For Startups That Entrepreneurs Can Avail Right Now by Garmia Sachdeva (Finance Executive, Jaarvis Accelerator)

PM had launched the ‘Start-Up movement’ by unveiling the action plan to boost the start-up culture and encourage entrepreneurship in India. Apart from measures like simplification of registration process, cheaper patent registration, faster exit norms etc., PM’s action plan also included other tax benefits for startups.

VC Circle: Eyeing new revenue channels, fresh India fund in 2017: Jaarvis Accelerator’s Saumyajit Guha

Jaarvis plans to strengthen its India play. The Hong Kong-based accelerator set up its India operations in 2015 and backs startups in IoT, e-commerce, online-to-offline and mobility. In an interaction with VCCircle, Guha talks about the accelerator’s investment strategy in India, new revenue channels and fundraising plans.