DTM E51. Following your passion, building an energy management startup and effectively utilizing your incubator - Ankit, ZedBee

Ankit is the founder of ZedBee Technologies, an IIT-Madras incubated startup that has developed next-generation solutions for energy management in buildings & industries. Their state-of-the-art systems are built around the Internet of Things technology and advanced machine learning algorithms hosted in the cloud.

For more details and an episode summary click here - bit.ly/dtm-az

In the episode we discuss,

(0:28) Ankit’s personal journey into entrepreneurship

(6:53) "The Impact of Professor Ashok (Founder IITM, Research Park) on Indian Entrepreneurs: How Has He Inspired and Motivated Them?"

(15:15) Understanding the End User and Market Scope

(15:46) Potential savings for commercial setup: Past experiences and numbers.

(18:52) Raising a Successful Pre Seed Round: Strategies and Tips

(21:13) Identifying Early Customers for Idea Validation

(22:36) Assessing Technical Feasibility in the Early Stages of Product Development

(24:48) Assessment and Confidence in Developing Solutions: Overcoming Challenges

(26:04) Main technologies in the product

(27:29) Focus on Patents

(27:51) Building Moats in Startups

(31:14) Overcoming Initial Activation Hurdles to Gain Client Trust and Adoption

(35:13) Future Market Forces in the Industry: Technology, Consumer Behavior, and Regulations

(38:39) Advice for Entrepreneurs: Taking an IoT AIML Startup from Zero to One

Links:

Ankit Poddar - ankit-poddar (LinkedIn), zedbee.in

Pronojit Saha, DTM Podcast - pronojitsaha (LinkedIn), @pronojits (Twitter)