Sea6 Energy: Can this Deep-tech Start-up Scale-up Operations and Make it Big?
| Case Code: LDEN222 Case Length: 11 Pages Period: 2010-2022 Pub Date: 2024 Teaching Note: Available |
Price: Rs.400 Organization : - Industry :Energy Countries : India Themes: Entrepreneurial Strategy, Social Entrepreneurship, Product Strategy & Design,Innovation |
Abstract Case Intro 1 Case Intro 2 Excerpts
Deep-Tech Ecosystem In India
Start-ups like Sea6 belonged to the deep-tech ecosystem. Indian deep-tech ecosphere had developed steadily since 2015 beginning with the rise of new-age start-ups with B2B business models that soon evolved into start-ups with B2C and B2B2C business models. Several deep-tech start-ups had come up across industries with unique solutions that solved society’s critical problems and received commercial traction not only in India but also in developed markets such as the US, Europe, and Japan. (Refer to Exhibit I for details on Deep-tech Start-up Base in India).
One of the major reasons for this surge in deep-tech start-ups in India was broadband availability and the rise in smartphone adoption across the nation. Smart mobiles with pervasive data connections had led to the introduction of several products in the fintech, medical and healthcare tech, agritech, edutech, and cleantech space..
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