Subscription Benefits | Call for Cases and Participation for 5th AIMA ICRC Case Writing Competition & Conference , 2025   | Register here to join the Special Webinar on the 5th Case Writing Competition and Conference on 01st May 2025 from 3.30 to 4.30 pm
Case Study

SKILLING THE UNSKILLED AT THE BOTTOM OF PYRAMID, THROUGH TECHNOLOGY: THE “EK-INCH” STORY

Dr. Akansha Tyagi, Senior Researcher-Psychometric Assessment, Mercer-mettl, Gurgaon.
Construction sector, Ek-Inch, mobile application, digital transformation, bottom of the pyramid.

Abstract:    Considering high penetration of the Internet & smartphones at the bottom of pyramid, an architect built a startup, Ovolo IT Building Solutions Pvt. Ltd. & launched its flagship product, “Ek-inch”, a mobile application with an aim to upskill the millions of unskilled construction workers through short videos. To attract investors for funding & scaling the product further, they need to prove their mettle by onboarding the users. One-on-one marketing was used which required a lot of investment in terms of manpower, to onboard the users. The team switched to digital marketing using social media, posting ads & short videos about the application & the users increased drastically.

Learning Objectives:   The readers will study the journey of the “one of its kind” budding startup of the construction sector & how a social cause transformed into a business idea. Moreover, the readers will get an insight into the startup journey and how the slightest change in strategy could have a big impact on the outcomes. The impact of technology in penetrating the market at the bottom of the pyramid in the age of digital transformation is massive which could give a competitive edge to any startup, is great learning in itself for the students

  • Pub Date:
    13 Sep 2023
  • Source:
    ICRC
  • Discipline:
    Entrepreneurship & Startups / Innovations
  • Product#:
    2892
  • Keywords:
    Construction sector, Ek-Inch, mobile application, digital transformation, bottom of the pyramid.
  • Length:
    Pdf : 16 page(s) ,

Related Items

x