Innovative personal finance products

Brief

Approach

  1. Trend analysis
  2. Market analysis
  3. Identify needs based on trends
  4. Survey of existing products
  5. New product ideas
  6. Qualify new product ideas

India: Demographic trends

300 million strong middle class

300 million strong middle class

Demographic dividend

India Population Pyramid - 2010
India Population Pyramid - 2020
India Population Pyramid - 2050

Like this report?

This is only a sample report with brief analysis
Dolcera can provide a comprehensive report customized to your needs

Buy the customized report from Dolcera
Patent Analytics Services Market Research Services Purchase Patent Dashboard
Patent Landscape Services Dolcera Processes Industry Focus
Patent Search Services Patent Alerting Services Dolcera Tools


Education

Error creating thumbnail: /var/www/htdocs/dolcera.com/wiki/includes/limit.sh: line 101: 10385 Aborted /usr/bin/timeout $MW_WALL_CLOCK_LIMIT /bin/bash -c "$1" 3>&-

Error code: 134
Low levels of literacy
Children in immaculate school uniforms leaving the most basic housing. Buying these uniforms must put immense strain on the family finances, but education is highly valued. The population is growing faster than schools can be built to accommodate them, so the schools work on a shift system.

Employment

Personal income trends

India: Financial trends

Overall economy

GDP growth in FY 2005-06 8.1%
GDP growth predicted for FY 2006-07 7.5%
Savings as percentage of GDP 29.1% in FY 2004 and 25.9% in FY 2005
Net income of Sensex 30 companies 36.4% in FY 2005-06
GDP growth in India

Foreign Direct Investments

Foreign Direct Investments in India

India's high savings rate

Savings rate
India saves high in physical assets

Credit

Spot finance
0% credit
"There is a great investment opportunity opening up in India. We term this investment area as the 'lifestyle segment.'" - Nilesh Shah, President, Kotak Mahindra Asset Management Co. Ltd.

Rural credit

India - A consumption boom is taking place

Consumption boom
Consumption boom

Microfinance

Microfinance is a major trend in India

Remittances

Reimbursements to India are growing

Hawala

Hawala transactions

Payments

Cash-on-delivery is a preferred mode of payment

India: Customer service

India: Sociocultural trends

Dowry

India: Technology trends

Anecdotes

Needs

  1. Non-traditional ways of evaluating credit worthiness
  2. How to give credit to developing markets using different approaches than developed markets
  3. Short-term loans
  4. Programs to help fund big events such as daughter's weddings
  5. Financial advisory services to high net worth individuals
  6. Financing for movies
  7. Simplified COD
  8. Escrow services
  9. Loans for individuals with lower credit scores (people who don't appear very credit worthy on paper)
  10. A clearing house that could collect cash from people's houses or stores for airline/railways transactions - that would be convenient for people without credit cards

Links

  1. India's demographic dividend
  2. Microfinance in India
  3. Hawala

Idea 1 - helping India's middle class create assets while enjoying lifestyle

Cheaper loans for jewellery

Idea 2

Idea 3

Idea 4 - leverage indirect variables to determine creditworthiness

Idea 5 - Money transfer services for payments as low as 25USD

Idea 6 - Payment to 3rd party using ATM's

Bank of Israel


Idea 7 - Enable micropayments using the extensive mobile network

Airtel India


Idea 8 - Emplowering C2C commerce using a finance intermediary like PaisaPay

Ebay India

Idea 9 - Shariat Compliant products

Shariat stocks index
Shariat finance

Idea 10 - Kitty

Kitty for consumption


Presentation

Like this report?

This is only a sample report with brief analysis
Dolcera can provide a comprehensive report customized to your needs

Buy the customized report from Dolcera
Patent Analytics Services Market Research Services Purchase Patent Dashboard
Patent Landscape Services Dolcera Processes Industry Focus
Patent Search Services Patent Alerting Services Dolcera Tools


Contact Dolcera

Samir Raiyani
Email: info@dolcera.com
Phone: +1-650-269-7952