The Indian Railways is one of the largest organizations in the world employing over 1.4 million people located across various parts of the country. Every day, it carries over 25 million passengers and over 3 million tons of freight. Though Indian Railways has made significant progress both qualitatively and quantitatively over the last decade, but still it faces big challenges in several areas like safety, security, timeliness, financial efficiency and effective infrastructure maintenance. This offers immense prospects for start-ups to come up with innovative solutions to address these problems by leveraging new age technology. In this edition of the newsletter, Mr Bharat Salhotra- Managing Director of e Bus & Vice President, Sales & Business Development Asia Pacific Region shares his valuable insights on the ‘Opportunities for Start-ups in Rail Business’.
In the start-up showcase section, we have stories of two innovative start-ups- GiftAbled Pvt Ltd and Synergy Teletech Pvt Ltd. Giftabled is social enterprise working with the differently abled persons, leveraging their unique capabilities and creating livelihood opportunities for them in a sustainable manner. Synergy Teletech, on the other hand, is a start-up trying to address the issue of On-site Bio-Fuel Delivery Service.
Finally this issue brings you updates on the recently conducted initiatives like the Thinking Social Seminars, ‘Learn the Art and Science of Pitching’ Workshop, Health Trail Demo Day, NIDHI-EIR Program, Pitch Hatch 1.0 and Cohort 1.0 in Assam.
Hope you will find the stories interesting. We eagerly await your feedback.