If Your Business is Not Tech, Maybe it's Too Late Mind you, even if this issue does not ignite the geek in you to create a winning technology, we suggest you immediately start using technologies (mentioned in the ensuing pages) today, before it's too late

By Ritu Marya

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

I was recently part of the International Entrepreneurship Conclave – Connect IN in Nepal. It gave me a very interesting perspective on how to evaluate opportunity in an emerging market. The Nepal of today on the face of it looks like India a couple of decades back, but when you start looking deeper one discovers a new level of entrepreneurial passion that has the potential to change the landscape of the country. Last year, we captured the rise of Nepalese billionaire Binod Chaudhary in one of our cover story, who has made a mark in India and rest of the world and for me that would have done the market, till I met with emerging start-ups and entrepreneurs who are rebuilding Nepal fast.

The impetus for such growth, however, is happening from the top and I learnt that in a meeting with Hon'ble Prime Minister Shri KP Sharma Oli, when he shared his ideas on connecting the entrepreneurial ecosystem of Nepal and India. He has taken a stand to see Nepal emerge as the country of innovations. And, I would be watching the market closely to evaluate its potential opportunity and growth for future and keep you updated on the investment opportunities.

One often hears the most valuable resource within any company is its people; but they need to be empowered in order to make the right decisions for business success. The key to making the right decisions in office and in life is ensuring that people have timely access to the best possible information and fast communication. Both are a function of technology in current times. Our annual Tech 25 issue does just that – puts right technology out there that could empower and equip. Mind you, even if this issue does not ignite the geek in you to create a winning technology, we suggest you immediately start using technologies (mentioned in the ensuing pages) today, before it's too late.

Having Byju Raveendran as the cover face was not merely motivated because he stands for changing education delivery but because of the fact that Raveendran has built an organization not just with a tech-first attitude but rather as a Just Do IT tech-advancement organization. This is what will give BYJU's a life beyond his big thinking to make it a global leader.

All the entrepreneurs who have made it to the top 25 tech series have been carefully curated with their play in technology as an enabler for change in their respective sector. However, I was concerned why enough women are not coming forward in tech. We have two women building amazing businesses in the current issue but we would want to have more such talents being regarded.

With fintech being the buzzword, the banking sector has long been technology friendly, however, the small bank, which mostly serves the underserved, has remained blind-eyed to technology, are also opening upto new concepts like artificial intelligence or blockchain. More futuristic would be the article on how cryptocurrencies are encroaching the VC space. However, with lack of regulation, it would be interesting to see what future holds.

I would love to hear your feedback on this tech special edition. Also watch out for our family business special this June.

(This article was first published in the May issue of Entrepreneur Magazine. To subscribe, click here)

Ritu Marya

Editor-in-Chief, Entrepreneur Media (APAC & India)

Living

The 3 Lifestyle Habits That Made Me Sharper, Stronger and More Successful

These three simple yet powerful lifestyle changes transformed my productivity, energy and mindset. Here's how you can do the same.

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Kolkata-Based Lab-Grown Diamond Brand Jewelbox Secures USD 3.2 Mn

The startup will primarily use the funds to expand its retail footprint, growing from eight stores to 30 locations by the end of this year.

Leadership

How Successful Leaders Get More Done in Less Time

The most successful leaders don't work longer; they manage their time with intention. Here's how to master time-blocking, prioritization and delegation to get more done in less time.

News and Trends

Indian Cricketer Jasprit Bumrah Invests in Sustainable Travel Gear Brand Uppercase

The brand offers a wide range of sustainable travel products including backpacks, trolley bags, duffles, and shoulder bags, all crafted using recycled materials and sustainable manufacturing processes.