KIDS INDIA MAGAZINE SEPTEMBER 2017 ISSUE | Page 6

vegetables or fruits, such plans mostly don’t materialize. Avanee Jain of Upaj runs an organic farm and now her company is imparting the knowledge of growing especially to children via their Grow It Yourself kit. According to Avanee, “If you impart this knowledge to your kids now, they will be closer to nature and value the environment which is absolutely the need of hour. That’s why we want to share our knowledge and experience with the green world especially to the urban dwellers on how it can be done easily even at their end.” the traditional distribution network separately for Skillmatics which makes them very well connected on both front. The distribution of toys and games in India is mostly via retail stores. The distribution format: 98.3 % Store-Based Retailing • 92.1 % Non Grocery Specialists • 4.9 % Grocery Retailers • 1.3 % Mixed Retailers 1.7 % Non-Store Retailing • 1.6 % Internet • 0.1 % Homeshopping One of the biggest challenges to overcome in the initial stage of setting up an enterprise is selecting the business sector. Many entrepreneurs believe in following their passion for an industry or a specific topic. It is certainly always wise to conduct proper market research beforehand to find out about the challenges and the opportunities of a specific product or service. One important task for every start-up: “Hiring people with the right capabilities, experience and drive was one of the biggest challenges we had to overcome early on” says Dhvanil Sheth. Ruchi Shaikh mentions that she faced delays in completing regulatory requirements in setting up the business and custom delays while importing but the issues were only temporary. According to Aanchal Mittal of Baby Stapples “Many government schemes came in very handy but if the government would introduce subsidy schemes for capital procurement along with the loans, would make the situation even easier for the start-ups” The good thing is that since most of the start-ups are not used to the older model of taxation system which is why it makes it much easier for them to adapt to the newly introduced system of GST. The only problem is the increased taxation. For them it is a part of teething issues but much easier and organized than the earlier system. DISTRIBUTION NETWORK For most of these newcomers, distribution is not a major issue due to the proper research they did before plunging into the market. Dhvanil targeted both the modern i.e. e- commerce and major stores and also Page 04 | Kids India Mag Issue 2 : Sept 2017 Toyroom has its own online store among other distribution networks. But Ruchi Shaikh feels it is more difficult to penetrate into the brick-and-mortar retail system. On the other hand, she is excited to b