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IndoVentures is on a mission to inspire a generation of makers and creators by leveraging open-source hardware
MIT Global Startup Workshop, Morocco, 2014
MIT Global Startup Workshop
Marrakesh, Morrocco (Mar 2014)
Varun Jain, the founder of IndoVentures invited to MIT Global Startup Workshop (GSW) as one of 10 Global Fellows on an all-expense-paid trip to Marrakech, Morocco in March 2014
What is Open Source Hardware?
Open Source Hardware is hardware whose design is made publicly available so that anyone can study, modify, distribute, make, and sell the design or hardware based on that design. The hardware’s source, the design from which it is made, is available in the preferred format for making modifications to it. Ideally, Open Source Hardware uses readily available components and materials, standard processes, open infrastructure, unrestricted content, and open-source design tools to maximize the ability of individuals to make and use hardware. Open Source Hardware gives people the freedom to control their technology while sharing knowledge and encouraging commerce through open designs.
Platform
IndoVentures incubates, develops, advises, funds, and partners with dynamic, passionate individuals who are interested in building open-source products & ventures.
Unlike traditional players within the early-stage ecosystem, we do not prioritize based on the size of the opportunity; instead, focus on identifying the right individuals with a strong desire to succeed and the right motivations.
Once identified, we put all our resources, might, and relationships behind their success and work towards building a long-term, symbiotic, and holistic relationship.
Our focus on the individual comes from our belief that while ideas come & go and technologies are rendered obsolete overnight - the people behind them stay.
Process
The three stage IndoVentures lean open source hardware product development process leverages practices & processes in multiple industries and combines them with the more conventional methodologies made popular with the rise of the software industry to rapidly & iteratively research & build, validate & execute
Research
Extensive primary & secondary research to conduct a thorough unmet needs analysis
Validate
Iterate rapidly via MVPs & lean methodologies and identifying early adopters
Execute
Incremental evaluation by deploying products / service with real customers
Services
While IndoVentures' mission is to inspire a new generation of creators & makers and promote the wide spread development and adoption of open source hardware, we will also assist people interested in turning their designs into commercial products via a range of core and non-core services provided by partners with domain expertise
Core Services
We will work hand in hand with open source enthusiasts to solve the most important issues surrounding their businesses and focus on building a sustainable value proposition. These include
- Business strategy
- Venture development- Design & Product development
- Technical development
- Sales & marketing
- FundraisingNon-Core Services
Take the hassle out of everyday nitty-gritty such as mundane administrative tasks allowing individuals to focus on their product and value proposition. These include:
- Tax & accounting
- Legal & compliance
- Intellectual property
- Human resources
- Branding & PR
- Advisory board & mentorsResources
IndoVentures serves as a full-service launchpad for open source hardware ventures
IndoVentures' regional product labs leverage artisanal skills of particular regions alongside a repository of open-source hardware allowing individuals to come together to build products in an open, collaborative way using our proprietary needs-based lean product development platform. Our platform and services are supplemented with:
Physical resources
A physical lab complete with prototyping & fabrication materials
Vocational Training
Short programs offering key practical skills required for designing products
Distribution Network
A Business to Business (B2B) distribution network across markets
Online Platform
A crowdfunding platform to showcase products and sell directly to end consumers
Mentorship & Guidance
Association with industry, mentorship & angel networks providing access and expert advice
Seed Funding
Milestone driven (tranche-based), seed stage investments to help build and scale up ventures
Themes
Internet of Things (IoT)
Wearable Technology
Sensor Applications
m-Health & Fitness
3D Printed products
New idea / product?
Drop us a note below!
IndoVentures Labs
Come play with the toys you've always wanted to!
We will also provide advanced services such as 3D prototyping & CNC milling machines
Electronics Design
- Digital Oscilloscope
- Regulated Power Supply
- Digital Multi Meter
- Clamp Meter
- Energy Meter
Development Boards
- Raspberry Pi
- Arduino
- Beagle Bone
- RIoT
Engineering Tools
- Mechanical Toolkit
- High-end PCB Tools
- Drillers & Millers
- Soldering Irons
OPEN Philosophy
We follow an OPEN platform + product approach in everything that we do
Connected Cloud
Mobile & Social
Big Data Analytics
REST APIs + SDKs
Ergonomic Design
Open Source
Contact Us
© 2014 IndoVentures Private Limited. All rights reserved
Let's build India's open-source hardware community together!