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DailyHunt Growth Story: Popular News Provider App

Dailyhunt is a mobile application that provides Indian trending news and content. It deals with regional language content in 14 Indian languages such as Hindi, Marathi, and Kannada. It is gathered from more than 500+ news sources like Newspapers, News Feeds, Websites, and more than 3000+ content providers.

Earlier, it was named Newshunt. It is considered to be one of India's early members of the local content space.

Key Points of DailyHunt

Legal Name: DailyHunt Private Limited

Founded: 2007

Founder: Virendra Gupta

Type of Company: Privately Held Company

Headquarters: Bangalore, Karnataka, India

Number of Employees: 695

Type of Industry: News

Parent Organization: Versé Innovation Pvt Ltd.

Key People: Virendra Gupta (Founder & CEO), Umang Bedi (Co-Founder & President), Umesh Kulkarni

Languages: English, Hindi, Bengali, Nepali, Marathi, Punjabi, Urdu, Bhojpuri, Gujarati, Oriya, Malayalam, Tamil, Telugu, Kannada.

Investors: 21

License: Freeware

Valuation: $1 Billion (as per December 2020 investment round)

Last Deal Amount: $100 M

Company Type: For Profit

Financing Status: Investment-Backed

Website: www.dailyhunt.com

Founder: Virendra Gupta

History of DailyHunt

The Beginning Virendra Gupta, the Dailyhunt founder's startup, also known as Viru, started a Versé Innovation Pvt Ltd., a Value-Added Service (VAS) company, in 2007. It was operating wonderfully, but he soon started having an idea that the company would lose its shine.

Initial Plotting Initially, in 2009, NewsHunt (presently DailyHunt) was launched as a Symbian app by two ex-Nokia employees, Umesh Kulkarni and Chandrashekhar Sohoni.
It got launched on the Android platform in 2011. During that time, Virendra Gupta, the founder of Verse, acquired the app, and Umesh became the Chief Technology Officer (CTO).

Final Showdown Virendra renamed Newshunt as Dailyhunt in 2015. In that year, Dailyhunt was considered to be India's most prominent language dealer of e-books containing 70,000 titles in ten languages
He made Umang Bedi the President of Dailyhunt in 2018 and further continued the business with him and aimed at taking the platform to a wider user base. Later, both of them focused on becoming the most prominent digital media business in India. Later, in 2020, Umang became the Co-Founder.

DailyHunt Startup: Mission

The mission of DailyHunt is "the Indic platform empowering a billion Indians to discover, consume, and socialize with content that informs, enriches and entertains".

DailyHunt: Investment Funding Source

Dailyhunt has raised a total amount of $234.5 Million in funding. The recent investment funding was for more than $100 Million, raised by their parent company, VerSe Innovation & the latest funding round takes Dailyhunt to the Unicorn list.

DailyHunt: Expansion Plans

DailyHunt has gained an increment of more than 12 million net new monthly active users in July 2018. In the next month, it defeated the previous month's achievement and made it by gaining 15 million net new monthly active users. Also, the time spent per daily active user is more than 27 minutes per person every day.

App installs- 155 million

No. of Stringers- 50,000

No. of Publishers- 2,000

Daily page views (approx.)- 19 billion

No. of daily news providers- 20,000

Business Model of DailyHunt

DailyHunt consists of two Business Models

Impressions Based (News) DailyHunt has partnerships with big news media and publishing houses where it shares the profit with them, earned on the news screens.

Transactions Based (Books, Magazines, and Singles) It has partnerships with book and magazine publishers, where it acts as a dealer for these books, collect the profit from the users and gives it to the publishers who can share it with the authors as well.

Revenue Model of DailyHunt

Though the app is free of cost for all, DailyHunt earns profit from two sources.

Most of the profit comes from showcasing advertising which brings in a wide user base.

Also, for reading and downloading books and magazines from the app, the users are charged a particular amount.

DailyHunt: Alliance

March 2019- Discovery Communications India agreed to a multi-year alliance with Dailyhunt to display short-form content in March 2019.

May 2020- Snapdeal formed a partnership with Dailyhunt to provide news content in May 2020.

September 2020- Dailyhunt signed an agreement of being an Associate Sponsor with Star Sports for Dream 11 IPL 2020 in September 2020.

December 2020- Dailyhunt declared its alliance with Mzaalo in December 2020. It will provide the users of DailyHunt to get access to Mzaalo's content and even achieve a reward point. Later, these points can be reclaimed to buy products or services from the Mzaalo app.

DailyHunt: Achievements

Virendra Gupta and Umang Bedi were felicitated with the exchange4media Influencer of the Year Award in November 2018.

DailyHunt: New Start

Dailyhunt introduced Josh, a short-video app that means passion or enthusiasm, in September 2020. Its launch is Dailyhunt's strategy in taking one step towards creating a family of apps for the country.

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Startup DailyHunt Story: 3 Billion Users & Unicorn Status

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DailyHunt Growth Story: Popular News Provider App Dailyhunt is a mobile application that provides Indian trending news and content. It deals with regional language content in 14 Indian languages such as Hindi, Marathi, and Kannada. It is gathered from more than 500+ news sources like Newspapers, News Feeds, Websites, and more than 3000+ content providers.

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Big Bazaar - How Kishore Biyani Built an Undisputable Empire and Yet Failed?

Big Bazaar is one of India's largest retail stores that sells everything from grocery to electronic on best offers. Big Bazaar retail chain offers various discounts and coupons to its customers almost 365 days a year. This company has become a common name in every household for its top-notch quality and affordable products. The idea of the business suits perfectly well for the Indian market and attracts millions of customers daily. Let's get to know the success story of this company.

Fun Fact - Big Bazaar is expected to grow more than 9% for FY 2021-22.

Big Bazaar Story - Key Points

Startup Name - Big Bazaar

Founded - 2001

Founder - Kishore Biyani

Headquarters - Mumbai, Maharashtra, India

Company Type - Private

Sector - Retail and Customer Service

Owner - Future Retail

Website - www.bigbazaar.com

Big Bazaar Story - Idea behind the business

Kishore Biyani, the founder of the company, belongs from a business background. His grandfather had a clothing business and, his entire family was involved in this. Kishore wanted to do something unique in this field. He then decided to build a retail store where everything could be available under one roof at affordable prices. His initiative took the entire retail industry in shock. He opened his first store in Kolkata and, within a year, he opened more than 50 stores in various parts of the country.

Big Bazaar Founder - Kishore Biyani

Big Bazaar Success - Founders and Team

The company got founded by Kishore Biyani in 2001. Biyani initially wanted to become a filmmaker but, his failure in that profession made him one of the biggest retail owners of India. Big Bazaar now has more than 5,000 people working for it. Some of the important people of the company are as follows:

CEO - Sadashiv Nayak

Director - Umashankar Shukla

Big Bazaar Success Story - Brand Name, Logo and Taglines

Brand Name - The brand name of Big Bazaar signifies their work. They are the bigger version of any market where you can find all kinds of things under one roof.

Logo - The logo of Big Bazaar is in classic orange and blue color that attracts a lot of customers.

Taglines - Big Bazaar has worked on various catchphrases over the year. Some of them are Making India Beautiful, Bazaar of New India, etc.

Financial Fact - Big Bazaar saw a decrease in its growth rate by 14% in the FY 2018-19. But after its acquisition by Reliance Retail in 2020, the company saw an increase in its growth rate.

Big Bazaar Story - Products Sold

Some of the products sold by the company are as follows:

Food Products

Eatables

Grocery

Kitchen Appliances

Home and Furniture

Jewelry

Electronics

Toiletries

Toys and Stationery

Clothing and Footwear

Big Bazaar Success Story - Subsidiaries

Big Bazaar is also the parent company of various organizations. Some of its subsidiaries are as follows:

Big Bazaar - Business Model

Big Bazaar is one of the largest retail stores in India, as they sell almost everything on a single platform. Their USP is that they offer amazing discounts and vouchers to their customers. It attracts a lot of customers to choose Big Bazaar over any other retail store. The company runs on the motive of earning good turnover by keeping the margin low. They always have some offer going on in the stores and, it works well for the company.

Big Bazaar Success - Revenue Model

Big Bazaar started around 250 retail stores across 125 cities in India. Today, they have over 12 million stories in the entire country. Their 7 million stores sell home utilities like clothes, kitchen appliances, toiletries, etc. The rest 5 million outlets sell everything related to food products. Big Bazaar buys the products directly from the manufactures and cancels all the middlemen. It helps them in getting a considerable profit margin on all the items. They also provide discounts to their customers without suffering any loss.

Big Bazaar - Competitors

Big Bazaar is a leading owner in its sector. But it also has a lot of rivals in the market. Some of the strongest competitors of the company are as follows:

Big Basket - It got founded in 2011. They also deal in non-vegetarian items such as fish, meat, seafood, eggs, etc.

DMart - It got incorporated in 2000 and, it works just like Bg Bazaar.

Grofers - It got incorporated in 2014 and, it is considered one of the biggest rivals of Big Bazaar.

Big Bazaar Story - Challenges

Pandemic - Big Bazaar mainly operates through retail shops. But the current pandemic and the prevailing lockdown has shut down all the businesses. Retail stores like Big Bazaar were not performing well and, they suffered a loss. Big Bazaar needs to plan various ways to fight any such pandemic so that it doesn't affect their businesses in any miserable situation.

Competitors - Big Bazaar has a lot of competition in the market and, most of them are performing well. Big Bazaar needs new plans and strategies to keep up with its rivals and become the strongest player in the market.

Big Bazaar Success - Future Plans

Some of the upcoming plans of the company are as follows:

The company plans to focus on its expansion strategy.

They are planning to expand their business and stores in the smaller cities of India.

Big Bazaar will open more stores in the Tier-II cities.

They will acquire a small business.

Big Bazaar - Acquired by Reliance Industries

Big Bazaar got acquired by the retail section of Reliance Industries Ltd in 2020. The sale transaction of the company was INR 24,713 crore of Future Group.

However, the acquisition of Big Bazaar by Reliance Retail is under dispute in Singapore Courts. The legal proceeding is by Amazon that challenges the contract saying it prohibits a restricted list of companies. Big Bazaar is one such company that is working great in its sector. It is one of the favorite and most loved retail stores for millions of people. Big Bazaar provides goods at a reasonable rate, and this attracts a lot of customers.

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Kishore Biyani's Big Bazaar and the Story of its Rise, Fall, and Controversial Journey

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Big Bazaar is India's biggest retail supermarket chain that Kishore Biyani started in 2001 through Future Group. However, the indisputable business model of Big Bazaar had many loopholes that led to its failure and, in the end, sale to Reliance.

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WhiteHat Jr Ed-tech – How this Startup Grew to $30M in Just One Year?

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WhiteHat Jr Ed-tech – How this Startup Grew to $30M in Just One Year?

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An online Ed-tech platform “WhiteHat Jr” startup was founded by Karan Bajaj in 2019 and got recently acquired by Byju’s at a valuation of $300 million.

WhiteHat Jr. is an online platform that is designed for kids between 6 to 14 years for coding. It has created a coding system for programming for AI, robots, gadgets. Professional tutors provide lessons to the kids. As of 2020 WhiteHat Jr has an estimate revenue of $220 million.

WhiteHat Jr Ed-tech – How this Startup Grew to $30M in Just One Year?

An online Ed-tech platform “WhiteHat Jr” startup was founded by Karan Bajaj in 2019 and got recently acquired by Byju’s at a valuation of $300 million.

WhiteHat Jr. is an online platform that is designed for kids between 6 to 14 years for coding. It has created a coding system for programming for AI, robots, gadgets. Professional tutors provide lessons to the kids. As of 2020 WhiteHat Jr has an estimate revenue of $220 million.

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Mumbai-Based WhiteHat Jr - How it Achieved 100% Growth in 1 Year?

White Hat Jr. is the first 1:1 online platform for coding and Math. It is an educational startup that was started in the year 2018 by Mr. Karan Bajaj and aims to provide quality education to students. WhiteHat Jr. is an online platform that is designed for kids between 6 to 14 years for coding. It has created a coding system for programming for AI, robots, gadgets. Children are being educated about these online by professional tutors.

Note: WhiteHat Jr. is aiming to provide its services globally to countries like Canada, New Zealand, United Kingdom, and Australia.

WhiteHat Jr - Coding for Kids

WhiteHat Jr. is a platform that empowers children by enhancing logical knowledge and was found by Karan Bajaj in 2018, who is the former CEO of Discovery Networks. It became famous when the parent company BYJUs acquired it for $300 million. Karan first approached all his investors to raise the amount. Then he started his own company to solve his problems.

WhiteHat Jr - Key points

Company Name : WhiteHat Jr

Headquarters : Andheri, Maharashtra, Mumbai

Founder : Mr. Karan Bajaj

Sector : EdTech

Founded : 2018

Parent : BYJU'S

Website : www.whitehatjr.com

Funding : $11.3 million

Revenue : $220 million (as of 2020)

WhiteHat Jr - Features and Strength

Wide Range It has an organized list of courses which is taught according to the grade of the children. The beginner course is provided to class 1 students, Intermediate for classes 2 and 3, Advanced classes for classes 4 and 6, Professional class for classes 7 and 9, applied tech is provided for students of class 10 and above.

1:1 Model It has a 1:1 teaching system that helps the students clarify their doubts without any hesitation. It provides students with courses such as python, Game designing, java, Turtle coding, space coding, etc.

Demo Classes One of the best things which WhiteHat Jr. provides is free demo classes before enrolling any student for the course. It educates the children about coding in such a way that it keeps the children interested.

Interactive Sessions It motivates the children in the best way possible and rewards them after their tasks. WhiteHat Jr provides children with logical knowledge and enhances their thinking capacity.

Proud Fact : WhiteHat Jr. is trying to elevate women teachers in India.

WhiteHat Jr Founder - Karan Bajaj

WhiteHat Jr Founder - Karan Bajaj

Karan Bajaj founded WhiteHat Jr. in 2018. He is an Indian author, technology entrepreneur and is well known in the Edtech industry. He pursued his master's from the Indian Institute of Management, Bangalore in Business Administration. He also has a B.A diploma in Mechanical Engineering from the Birla Institute o Technology, Mesra.

Founder's Fact: Karan Bajaj was also the CEO of Discovery Networks and has worked in companies like Kraft Foods, The Boston Consulting Group, and Protector & Gamble.

WhiteHat Jr Startup Story - Team

Karan Bajaj - Founder and The Chief Executive Officer

Pranab Dash - CTO

Ankur Nyati - Chief Operating Officer

Shweta Singh - Head of Innovation

Brishty Srivastava - Vice President Talent Acquisition

WhiteHat Jr Startup Story - Funding and Investors

The company has uplifted over $11.3 million of funds. On 7th August 2020, it was acquired by Byjus for $300million in cash transactions.

6th August,2020 (amount- $300M)

10th September 2019 (amount- $10M which rose to $11.3 M)

16th April, 2019 (amount- $1.3 M)

Investors :

Nexus Venture Partners

Omidyar Network

Owl Ventures

Note : WhiteHat Jr. has the plan to hire over 20,000 teachers on their platform.

WhiteHat Jr. Startup - Revenue and Growth

WhiteHat Jr has rapidly grown in a very short span. Before the lockdown, the revenue rose from 1 crore to 10 crores. It started to double when BYJU'S started approaching its revenue at $75 million and got completed at $150 million. Later, in the first month of August the company's valuation rose to $220 million.

WhiteHat Jr. Story - Competitors

WhiteHat Jr has various competitors such -

Coding Ninjas

Coding blocks

Camp K12

Coding with Kids

Tynkor

Engineering for kids

Kidz To Pros

Code mentorv

Hack handsv

Youth Digital

Fun Fact : Currently, WhiteHat Jr is adding about 220 educators daily.

WhiteHat Jr. Startup - Controversies

High Priced and Poor Structured Course People have a say that the courses provided are overly priced and believes that it's a wastage of money as many courses are available free on other sites.

Advertising Controversy the Advertising Standard Council of India alleged that the WhiteHat Jr has a misleading commercial and was asked to take down the commercial.

Misleading Sales Pitch A former sales worker told in an interview the company encouraged her and her co-workers to use job titles that sound authoritative such as director or co-founder. Thus, a controversy was raised saying that the company encourages false promises.

WhiteHat Jr. - Growing Children with Tech

WhiteHat Jr. is an innovative platform that aims at providing online courses of coding for kids. The phenomenal growth story of WhiteHat Jr. is mentioned in this article, as well as the ups and downs Karan Bajaj faced during this tech platform. It is the best way provided to teach children about coding and provides an outstanding curriculum, i.e. 1:1, which helps the students to clarify their doubts without hesitating. It provides tremendously skilled and experienced teachers.

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WhiteHat Jr Ed-tech - How this Startup Grew to $30M in Just One Year?

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Mumbai-Based WhiteHat Jr - How it Achieved 100% Growth in 1 Year? White Hat Jr. is the first 1:1 online platform for coding and Math. It is an educational startup that was started in the year 2018 by Mr. Karan Bajaj and aims to provide quality education to students. WhiteHat Jr.

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Online Ed-tech Unacademy - India’s Second Most Valued Startup

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Online Ed-tech Unacademy - India’s Second Most Valued Startup

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Unacademy is India’s Biggest and most trustable Online learning Platform. unacademy was founded by Gaurav Munjal in 2010 but became profitable in 2015.

The Unacademy app is offered not only to 10+2 students but also to college aspirants preparing for competitive exams such as the CAT, GATE, UPSC, and others. The learning app is available for Android, iOS, and Windows and is simple to use. Unacademy average monthly view is more than 110 million which is already an remarkable feat compared to other online learning platform.

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Unacademy Startup - India's New Digital-Education YouTube Academy

Unacademy is an online learning platform owned by Sorting Hat Technologies, where users can watch online educational videos of their curriculum created by experienced educators. The Unacademy app is offered not only to 10+2 students but also to college aspirants preparing for competitive exams such as the CAT, GATE, UPSC, and others. The learning app is available for Android, iOS, and Windows and is simple to use.

Fun Fact: In 2020, during the COVID pandemic, Unacademy announced to provide 20,000 free classes for students without any subscription.

Unacademy Startup - Transforming Learning Approach

Unacademy is on its way to transforming the nation's learning approach, with a growing network of over 10,000 registered educators and 13 million learners. Gaurav Munjal launched the platform as a YouTube channel in 2010 and was officially started in 2015. Unacademy, which has its main offices in Bangalore, is India's largest learning platform, bringing together expert Educators for millions of students in need of higher-quality education.

Unacademy runs several platforms that have almost 110 million monthly views, including:

Unacademy Plus,

Chamomile Tea with Toppers,

Wifistudy,

The Solutionists,

Unacademy Studios

Unacademy Startup - Core Founders

Unacademy was created in 2010 as an instructional channel by Gaurav Munjal, Roman Saini, and Hemesh Singh but became a profitable startup in 2015.

Gaurav Munjal, CEO Munjal is an Engineering student from Mumbai and sold his first firm, FlatChat, to CommonFloor in 2014. Gaurav launched Unacademy on YouTube and later invited the other co-founders to work on the startup.

Hemesh Singh, Chief Technology Officer Hemant is an engineering graduate of the Motilal Nehru Institute of Technology & rose through the ranks at 'Flat Chat' to become the CTO at Unacademy.

Roman Saini, Chief Educator Dr Roman Saini was a medical graduate who, at the age of 21, was able to pass the UPSC exam. He eventually left his job as an Assistant Collector to work for Unacademy, where he provides online tutoring to needy kids.

Unacademy founders Roman Saini, Gaurav Munjal and Hemesh Singh

With roughly 1572 workers and a market value of $400 million, Unacademy has grown into a robust community of technology-driven self-learners.

Unacademy Startup - Business Model

Unacademy's business models are B2B and B2C, and the primary source of revenue is paid memberships.

Unacademy Plus: A paid educational service that has approximately 100,000 subscribers.

Learning Resources: It is divided into two categories: pre-recorded videos and LIVE sessions. The LIVE sessions have a separate fee structure, and the pre-recorded videos can be viewed for free.

Unacademy Startup - Brand Name & Tagline

Brand Name: Unacademy is a learning platform that differs from traditional educational practices and literally means that it is "Not An Academy", as opposed to an institution or academy that is open to everybody.

Tagline - "India's largest learning platform."

Unacademy Startup - Objective

Unacademy's goal is to create a diverse number of courses in a variety of languages for students all around the world. Unacademy seeks to cooperate with the best minds and empower India's youth population, representing 19% of the world's youth, to bring themselves into this contemporary world by expanding its educators with their pupils.

70% of its students are from tier 3 locations, where there is a scarcity of quality educators; as a result, the firm is focusing on expanding its teaching base, languages and adding more tests to the mix.

Unacademy Startup - Popular Teachers

In its special "Legends on Unacademy" project, Unacademy imposes life lessons and motivating speeches with prominent educators.

Legends on Unacademy - First Edition

Legends on Unacademy - Second Edition

Congress MP Shashi Tharoor,

India's first female IPS officer Kiran Bedi,

Virat Kohli

Anushka Sharma

Unacademy Startup - Mergers & Acquisitions

Unacademy has acquired six startups to expand its position in the Edtech sector till now. The following is a list of acquisitions:

Unacademy Startup - Funding and Investors

Unacademy was started in 2015 and got its first $500,000 seed funding in 2016 by Blume Ventures. It has raised $348.5 million in investment throughout eight funding rounds. Here are the details:

Unacademy Startup - Competitors

Despite having multiple competitors across the country, Unacademy proves to be unique in its educational offerings.

Unacademy Startup - Financial Numbers

Unacademy's income grew 4X from INR 21.8 crore in FY2019 to INR 86 crore in FY2020.

In 2020, the startup had a net loss of INR 300 crores.

By 2021, it is expected to reach a market size of $1.96 billion.

The company has raised over $90 million from investors and also generates revenue through subscription efforts.

Unacademy's parent company, Sorting Hat Technologies, reported revenue of INR 21.89 crore in FY19, up from INR 5.22 crore in FY18.

Unacademy offers training for 32 competitive exams, and the organization is focusing on expanding its services by adding more tests and exams to attract new users.

The startup obtained a post-money valuation of $510 million after raising $110 million from General Atlantic and Facebook.

Unacademy Startup - Future Plans

This Ed-Tech startup's total market size is predicted to reach $287 billion by 2023, up from $160 billion in 2017. With the largest distribution of free educational videos and over 100 million monthly views, Unacademy is working to create videos in multiple languages to help students all over the world, to include valuable content and test preparation modules for all possible competitive examinations, and to partner with brilliant minds to build a powerful student network.

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Online Ed-tech Unacademy - India's Second Most Valued Startup

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Unacademy Startup - India's New Digital-Education YouTube Academy Unacademy is an online learning platform owned by Sorting Hat Technologies, where users can watch online educational videos of their curriculum created by experienced educators. The Unacademy app is offered not only to 10+2 students but also to college aspirants preparing for competitive exams such as the CAT, GATE, UPSC, and others.

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Advocate Ram Jethmalani - India's Most Popular & Exceptional Lawyer

Advocate Ram Jethmalani was one of the most reputed and knowledgeable lawyer of his time and served as a senior Supreme Court lawyer and a politician for several years. This man has a significant contribution to the law and in fighting over a dozen high-profile cases. Ram also tried to improve the relationship between India and Pakistan throughout his political career. He was a distinguished fraternity and the most preferred lawyer in criminal cases and various high-profile civil cases.

Adv. Ram Jethmalani - Statistics

Full Name - Ram Bulchand Jethmalani

Date of Birth - 14 September 1923

Place of Birth - Shikarpur, Sindh, Pakistan

Died - 8 September 2019 (aged 95 years)

Place of death - New Delhi, India

Profession - Lawyer, Politician, Jurist, Philanthropist, Professor of Law, Entrepreneur

Education - Sc Shahani Law College, Government Law College

Spouse - Durga Jethmalani, Ratna Jethmalani

Ram Jethmalani Bio - Early Life

Ram was born in the Shikarpur District of Sindh, Bombay Presidency (present-day Pakistan) to Parbati Boolchand and Boolchand Gurumukhdas Jethmalani. He was a genius kid from the beginning and got a double promotion at school and completed his schooling at the age of 13, and received his LL.B. degree at 17 from Sc Shahani Law College. He later completed his LL.M from Bombay University.

Fun Fact: The legal age for practicing law was 21 years. But after making an application to the court, Ram became a lawyer at only 18 years.

Ram Jethmalani Wiki - Family and Personal Life

Ram married Durga Jethmalani in traditional Indian marriage and later married Ratna, his second wife. Ratna is a lawyer by profession, and Ram's family accepts both of his wives. He has four children with his wives (Rani, Shobha, Mahesh, Janak), of whom Mahesh is a Supreme Court lawyer and a BJP leader, and Rani is also a Supreme Court lawyer and a social activist.

Adv. Ram Jethmalani Success Story - Career Timeline

Ram started his career as a lawyer in Sindh.

Ram, with his senior friend A.K Brohi, started his law firm in Karachi.

He fled to India after the riots during the partition. He stayed in Refugee Camps for ten days and had only INR 10 with him.

He fought his first case as a refugee in India against the Bombay Refugees Act and won.

He became known after the K.M. Nanavati case.

He also taught in the Government Law College as a part-time professor to both undergraduate and post-graduate students.

Ram became the chairman of the Bar Council of India four times.

He also gave classes at Symbiosis International University and Wayne State University.

Throughout his career fought several high-profile cases as a lawyer.

Adv. Ram Jethmalani Bio - Political Career

Jethmalani also had a close connection with politics. He fought elections several times. Ram also condemned the emergency brought by Indira Gandhi in 1975.

Positions served by Ram are:

1980 - Won the Bombay North-West Constituency.

1988 - Became a member of Rajya Sabha.

1995 - Launched his political party (Pavitra Hindustan Kazhagam).

1996 - Became Union Minister of Law, Justice, and Company affairs.

1998 - Urban affairs and employment

1999 - Again became Union Minister of Law, Justice, and Company affairs.

2004 - Contested against Atal Vihari Vajpayee in the 2004 General Election from the Lucknow constituency.

2010 - Got a ticket to the Upper house of Parliament (RajyaSabha) by BJP from Rajasthan.

Adv. Ram Jethmalani - High Profile Cases fought by him

Jethmalani has fought over two dozen high-profile cases in his entire career. He won many cases and also lost many of them. Some of those cases are as follows:

K.M. Nanavati v/s State of Maharashtra

Kehar Singh & Ors v/s State of Delhi Admn.

L.K Advani v/s Central Bureau of Investigation

Harshad S. Mehta & Ors v/s The State of Maharashtra

Lalu Prasad Yadav & Anr v/s State of Bihar & Anr

Siddharth Vashisht @ Manu Sharma v/s NCT of Delhi

Amkit Bhai v/s Central Bureau of Investigation

Sant Shri Asharam Bapu v/s State

State of Karnataka v/s Selvi J. Jayalalitha

Arun Jaitley v/s Arvind Kejriwal

Adv. Ram Jethmalani - Awards and Achievements

Ram was one of the best lawyers of his time. Some of the awards won by him are as follows:

International Jurist Award

Human Rights Award - By World Peace Through Law, 1977

Adv. Ram Jethmalani - Books

Ram has written many books and co-authored various books on criminal law, media law, and administrative law.

Books Written by Ram Jethmalani:

Big Egos, Small Men

Justice: Soviet Style

Conflict of Laws

Maverick: Unchanged, Unrepentant

The conscience of a Maverick

Books Written on Jethmalani:

Rebel: A Biography of Ram Jethmalani - By Susan Adelman

Ram Jethmalani: The Authorized Biography - By Nalini Gera

Adv. Ram Jethmalani - Roles in Movies

Jethmalani's role in Scam 1992 (an original web series of Sony LIV) got portrayed by Mithilesh Chaturvedi. The web series got based on the famous Harshad Mehta and his stock market scam in 1992.

His role in The Verdict (a web series on Zee5 in association with Ekta Kapoor's Alt Balaji) got portrayed by Sumeet Vyas. The web series got based on the high-profile case and real-life incident of K.M. Nanavati.

Jethmalani's role in the Bollywood film, The Big Bull is portrayed by actor Ram Kapoor. The film loosely shows the life of Harshad Mehta and the crimes done by him. The movie stars Abhishek Bachchan in the lead role.

Sachin Khedekar portrays his role in the Bollywood film Rustom. The movie depicts the life of K.M. Nanavati and his high-profile case. The film stars Akshay Kumar and Ileana D'cruz in the lead role.

Adv. Ram Jethmalani - The Great Lawyer of All Time

Ram Jethmalani's journey and his intelligence are an inspiration for all of us. He is an institution for all the budding lawyers in our country. This guy is the epitome of hard work and smartness. He stayed in the system for decades and fought innumerable cases. People like him are not hard to forget ever.

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Ram Jethmalani - Only Lawyer to Fight Fearlessly Against Authorities

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Advocate Ram Jethmalani - India's Most Popular & Exceptional Lawyer Advocate Ram Jethmalani was one of the most reputed and knowledgeable lawyer of his time and served as a senior Supreme Court lawyer and a politician for several years. This man has a significant contribution to the law and in fighting over a dozen high-profile cases.

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Lakshmi Mittal - The Man behind Global Steel & Mining Revolution

Lakshmi Mittal is one of the most renowned and successful Indian businessmen. He is also known as the Steel Baron of India for his immense contribution to the steel industry. Lakshmi is also one of the first Indian businessmen named in the top ten in the Forbes List. His daughter's (Vanisha Mittal) wedding is the second most expensive wedding in history. This extravagant wedding cost more than $66 million where various International stars also got invited.

Lakshmi Mittal - Statistics

Full Name - Lakshmi Niwas Mittal

Date of Birth - 15 June 1950 (71 years)

Place of Birth - Sadulpur, Rajasthan, India

Nationality - Indian

Zodiac Sign - Gemini

Alma Mater - The University of Calcutta (B.Com.)

Profession - CEO of Arcelor Mittal, Owner of Karrick Ltd., Co-owner of Queens Park Rangers F.C.

Net Worth - the US$18.1 billion

Marital Status - Married

Spouse - Usha Mittal

Board Member - Goldman Sachs

Lakshmi Mittal - Early Life

Lakshmi was born in a Marwadi family to Mohanlal Mittal. He completed his schooling at Shri Daulatram Nopany Vidyalaya, Calcutta and later on completed his graduation from St. Xavier's College and the University of Calcutta. His father had a steel businessman, Nippon DenroIspat. Mittal opened his first factory of steel in 1976 when he was just 26 years old.

Fun Fact: Lakshmi bought two steelworks in Tobago and Trinidad, which were at an enormous loss. Mittal turned them into profits just in a year.

Lakshmi Mittal - Family and Personal Life

Lakshmi has two brothers Vinod Mittal and Pramod Mittal and, a sister Seema Lohia. He married Usha Mittal and, the couple has two children. His son Aditya Mittal and daughter Vanisha Mittal both are business personalities.

Mittal's residence at Kensington Palace garden got purchased from Bernie Ecclestone for US$128 million in 2004. It was the most expensive house at that time and, it got referred to as the "Taj Mittal". The mansion got made of the same marble that got used in the making of the Taj Mahal.

Amazing Fact : Mittal's house has 12 bedrooms, Turkish baths, parking for 20 cars, an indoor pool, and various other luxuries.

Lakshmi Mittal - Career

After graduation, he worked as a trainee in the mill during 1970.

He opened a steel mill in Indonesia in 1976 and spent almost a decade learning to run it efficiently.

He started buying failing companies in various countries and used his winning management skills to bring those companies in profit.

His company controlled almost 40% of the steel industry used for car manufacturing in the American market.

In 2004, he merged his companies LNM Holdings and Ispat International.

He acquired Ohio-based International Steel Group and named it Mittal Steel Co. (the world's largest steelmaker).

In 2006, his company joined with Arcelor and named it Arcelor Mittal.

Lakshmi Mittal - Philanthropy and Social Work

Social Work in Sports Mittal set up a Mittal Champions Trust to support the top ten athletes in India for $9 million. He also awarded Abhinav Bindra with INR 1.5 Crores after winning the gold medal in the Olympics. His company, Arcelor Mittal, provided steel for the Arcelor Mittal Orbit's construction during the 2012 Summer Olympics. Fun Fact: Lakshmi's family also purchased 20% shareholding in a football club (Queens Park Rangers Football Club).

Social Work in Education: LNMIT Jaipur In 2003, Lakshmi Mittal opened a university (LNM Insitute of Information and Technology) in Jaipur, in partnership with the Government of Rajasthan and Usha Mittal Foundation. It is a non-profit organization that provides higher education to thousands of students. They also founded Usha Lakshmi Mittal Institute of Management in New Delhi along with Bhartiya Vidya Bhavan.
Mittal has also donated a surplus amount of money to the SNDT Women's University. Due to his large donation, the institute got renamed Usha Mittal Institute of Technology.

Social Work in Medical: Donated 1300 Million In 2008, Mittal made the largest ever private donation to a hospital. He contributed around INR 1300 Million to Great Ormond Street Hospital to fund the new facility, Mittal Children's Medical Care.

COVID-19 Pandemic Mittal was one of the main contributors during the COVID-19 pandemic in 2020. He donated INR 100 crores to the PM Cares fund to the Government of India.

Lakshmi Mittal - Awards and Achievements

Padma Vibhushan Award - Government of India, 2008

Forbes Lifetime Achievement Award - Forbes, 2008

Fellowship - King's College London, 2007

Bessemer Gold Medal - IOM3, 2007

European Businessman of the Year - Forbes, 2004

Entrepreneur of the Year - The Wall Street Journal, 2004

8th Honorary Willy Korf Steel Vision Award - American Metal Market and World Steel Dynamics, 2004

Steel Maker of the Year - New Steel, 1996

Lakshmi Mittal - Personal Wealth - $18Billion

According to a recent report, Lakshmi Mittal and his family's estimated net worth is more than $18 billion. His net worth has decreased from the previous few years due to various factors. His net worth peaked when he was the third richest person in 2003.

Mittal bought a bungalow at APJ Abdul Kalam Road in New Delhi for $30 million in 2005. He also has a mansion at Palace Greens Kensington Gardens. He bought this house in 2008 for $100 million for his daughter. Lakshmi threw an extravagant vegetarian reception party for the couple in the Palace of Versailles, France.

Lakshmi Mittal - In Forbes List

Lakshmi Mittal is the first Indian to be ranked on the Forbes List. In 2005, he got ranked the third richest man making him the first Indian person to be ranked in the top ten. In 2011, he got ranked sixth richest person by the same publication. But he dropped to 82nd place in 2015 and, now he is ranked at 192nd in 2021.

Note: Mittal is also the 57th most powerful person on the globe, named by Forbes.

Lakshmi Mittal - The Steel King of India

Lakshmi Mittal is the son of India who has made its country in every which way. His contribution to the steel industry is incomparable and, he made a significant impact in this industry. Mittal's brilliance and hard work showed that nothing is impossible. If you are dedicated, then you can achieve whatever you want. He is a genius businessman whose contribution is unforgettable.

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Indian Tycoon Lakshmi Mittal - First Indian to Feature in Forbes Richest List

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Lakshmi Mittal is one of the most renowned and successful Indian businessmen and is also known as the Steel Baron of India for his immense contribution to the steel industry. Lakshmi is the first Indian businessmen to feature in Forbes Top Ten Rich List.

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JRD Tata Sir – Legend who Accelerated Indian Economy Alone

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JRD Tata Sir – Legend who Accelerated Indian Economy Alone

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JRD Tata was India’s finest business man. He founded many companies like TCS, Tata motors, e.t.c.

JRD was fond of flying. He was the first Indian to get licensed pilot. He founded commercial airline i.e Tata Airlines.

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TCS Founder JRD Tata - India's Most Influential Yet Ethical Man

JRD Tata is one of the most influential and well-known personalities of India. He was a businessman, entrepreneur, and an Indian aviator. He is the son of Ratanji Dadabhoy Tata and Suzanne Briere. JRD was the first person in India to become a licensed pilot and, his mother was the first woman in India to drive a car. He is the founder of various industries under the Tata Group of Companies. Some of the businesses started by him are Titan Industries, Air India, Tata Consultancy Services, Tata Motors, and Tata Communications.

Note: IN 2012, JRD Tata ranked as sixth greatest Indian in a poll conducted by Outlook magazine with History 18 Channels and CNN-IBN

JRD Tata Biography - Statistics

Full Name - Jehangir Ratanji Dadabhoy Tata

Date of Birth - 29 July 1904

Place of Birth - Geneva, Switzerland

Citizenship - French (1904-1928) and Indian (1929-1993)

Occupation - Businessman, Philanthropist, Aviator

Net Worth - $200 million (as of 1990)

Parents - Ratanji Dadabhoy Tata, Suzanne 'Sooni' Briere

Spouse - Thelma Vicaji Tata

JRD Tata Story - Early Life

JRD was born as Jehangir into a Parsi family & was the second child of his parents. His father was the first cousin of Indian businessman and philanthropist Jamsetji Tata. JRD's mother was French and, thus, his first language is French as he spent most of his childhood in France. He completed his primary education at Janson De Sailly School, Paris. He studied engineering at Cambridge University and served in the French Army for a year. After completing his term in the French Army, his father brought him back to India to join Tata Sons.

Fun Fact: JRD Tata got educated in France, India, London, and Japan.

JRD Tata - Family and Personal Life

Tata renounced his French citizenship in 1929 and became an Indian citizen (India doesn't allow the individual to have dual citizenship). He was formerly engaged to Dubai Mehta but, the relationship got broken due to some reasons. JRD married Thelma Vicaji (niece of Jack Vicaji) in 1930. The couple doesn't have any child and, he died due to a kidney infection at the age of 89.

JRD Tata Success Story - Religious Beliefs

Tata's father was a Parsi and, her mother followed Zoroastrianism. According to him, he was an agnostic. He found some of the rituals and customs of Parsi as irksome. Although, he did believe in the three basic tenets of thoughts by Zoroastrians, which were good words, good ideas, and good deeds.

Note: JRD never believed in the concept of worshiping any God and following any religion.

JRD Tata Biography - Career Timeline

Indian Airlines - JRD was always fond of flying. His love for aviation got him the first-ever pilot license issued in India. He also founded Tata Airlines (India's first commercial airline) and, he was known as the father of Indian civil aviation. It later became Air India, which is the national airline of India.

Tata Sons - JRD joined Tata Group of companies as an unpaid apprentice. At the age of 34, he got appointed as the chairman of the company. He managed this huge company and its subsidiaries while being interested in hospitality, steel, power, engineering, chemicals, etc. He was also the first person to introduce the eight-hour working day, worker's provident scheme, free medical aid, worker's accident compensation scheme, etc. These things later became the statutory requirements in India.

Fun Fact: JRD Tata got famous for doing the business most ethically and refused to bribe any politician or party.

JRD Tata - Companies Founded

JRD founded more almost 7-8 companies under the Tata Group of companies. Some of them are as follows:

TCS - Tata Computer Center (TCS) was founded by JRD Tata, with JRD Tata as its first chairman. Presently, it is one of the largest Information Technology providers in Asia.

Tata Motors - Tata Motors was founded in 1950 as a manufacturing unit. It later announced a joint venture with a German Company, Daimler-Benz AG, and expanded to commercial vehicles operation in 1954. Tata Motors was a huge success and, it generated a lot of revenue. This company is one of the best and largest automobile companies in India.

Tata Communications - The firm was originally a government-owned company, VSNL (Videsh Sanchar Nigam Ltd.). It got later taken over by the Tata Group and renamed Tata Communications Ltd.

Titan Industries - Titan industries got founded in 1987, a joint venture with Timex. They set up a massive distribution network across the country. The company has a 60% market share of the Indian market and, they sell their watches in more than 40 countries.

Tata Tea - Tata Tea is the second largest manufacturer and distributor of tea in the world. They market under the brand names Tata Tea, JEMCA, Good Earth Teas, Tetley, etc.

Voltas - Voltas is a home appliances company that got incorporated in 1954 in Mumbai. It is a collaboration of M/s. Volkart Brothers and Tata Sons.

JRD Tata Story - Awards and Achievements

Tata is the recipient of various awards and honors. Some of the awards won by him are as follows:

Bharat Ratna Award - 1992

Padma Vibhushan Award - 1955

Tony Jannus Award - 1979

Gold Air Medal - Federation Aeronautique International, 1985

Edward Warner Award - International Civil Aviation Organization, Canada, 1986

Daniel Guggenheim Medal - 1988

French Legion of Honor - France, 1983

United Nations Population Award - U.S.A,

#JRDTata was awarded both the Padma Vibhushan and India's highest civilian honour, the Bharat Ratna. #Goals pic.twitter.com/riDIrvg1mm
- Tata Group (@TataCompanies) February 19, 2018

JRD Tata - Death and Legacy

JRD died in 1993 due to a kidney infection in Geneva, Switzerland. Upon his death, the Indian Parliament got adjourned. His body got buried in Paris at the Pere Lachaise Cemetery. This honor is not for anyone who is not a member of the Indian Parliament.

JRD Tata - Greatest Indian Philanthropist

JRD Tata is one of the greatest philanthropists of India.

He established Sir Dorabji Tata Trust and was his trustee for 50 Years

Founded the first-ever Cancer hospital of Asia in Mumbai (Tata Memorial Centre for Cancer, Research, and Treatment) in 1941

Founded Tata Institute of Fundamental Research (TIFR)

Founded Tata Institute of Social Sciences (TISS),

Founded National Center for Performing Art

JRD Tata - Father of Indian Civil Aviation

JRD Tata is one of the most influential people in the history of India. His dedication, smartness, and hard work have made our country come forward in the competitive market. He is an inspiration for all those people who want to become an entrepreneur. This man is an institution in himself and, we can learn thousands of things from his life journey. People like JRD Tata are like a Kohinoor diamond.

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JRD Tata Sir - Legend who Accelerated Indian Economy Alone

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TCS Founder JRD Tata - India's Most Influential Yet Ethical Man JRD Tata is one of the most influential and well-known personalities of India. He was a businessman, entrepreneur, and an Indian aviator. He is the son of Ratanji Dadabhoy Tata and Suzanne Briere.

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Success Story of Azim Premji: From Rags to Riches

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Success Story of Azim Premji: From Rags to Riches

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The owner of International multi corporation Wipro , Ajim Premji is one of the successful businessman of india.

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Not all legends are born with a silver spoon in their mouth. Yes, some are born with rough and troubled times too. One such legend is Azim Premji, who gave success a completely different meaning through his sheer uphill battle, hard work, dedication, and consistency So, in this article, we are primarily going to look into the life of one of the best Indian philanthropists, entrepreneurs, and business tycoon Mr. Azim Premji who is the owner of an Indian multinational corporation, Wipro that provides IT, consulting, and business process services.
Azim Premji's Early Life
Let's take a glimpse of this genius extraordinary journey. Mohd Premji; Azim Premji's father started his own company in Maharashtra by the name of Western India Vegetable Product's. This company used to manufacture cooking oil by the name of Sunflower Oil and laundry soap.

After completing his schooling in Mumbai, Azim Premji pursued Electrical Engineering at Stanford University. He was only 21 years old when he got a call about his father's sudden death. To take over his father's business he came back to India immediately dropping his Engineering course midway.
Azim Premji Struggles
Once, a stakeholder in the company said that Premji ought to resign in a yearly meeting. He said the company's business is incredibly advance and extremely complex, and a 21-year-old boy can't run it. Before this meeting, Azim Premji was not assured concerning his skills. But after this incident, he assured himself and gained confidence. From then on, he promised himself that he'll leave no stone unturned to grow this cooperation.

He had no expertise in running the company. The first few years were terribly troublesome for him. To know more about business and understand how things worked in-depth, he used to spend most of his time in the factory. Soon he understood everything and started to run the company on his own terms

Leadership is the self-confidence of working with people smarter than you." - Azim Premji
Azim Premji's Successful Journey
The company started making multiple new products after Azim Premji started heading businesses like Electric Products, Hydraulic Cylinders, etc. When IBM left India, in 1977, it left a lot of good opportunities behind. Azim Premji took advantage of this opportunity and his company started manufacturing IT hardware, software, IT services, etc. He changed the company's name to Wipro. Over time, Wipro started making microcomputers. It also started giving software solutions.

In the year 1989, Azim Premji's company joined hands with General Electric and started a company by the name of Wipro G Medical system which manufactured medical Imaging products. Soon IT services became Wipro's core business. Later on, they entered into BPO (Business Process Outsourcing) and increased the product range of the company, and started making products for babies like baby soaps, etc. He made his company one of the biggest companies in India with his sheer hard work, dedication, and clear vision. The company focused on quality and customer satisfaction and not on quantity production thus taking the company to new heights.
Azim Premji's Theory for Success
Mr. Azim Premji believes to attain success in life you need to have, perseverance, honesty, and obviously hard work. We typically tend to not pay attention to these things in life. Mr. Premji was renowned for his effective management and business skills. You do get an idea regarding this through his business skills and management from the example given below. A few years ago, in Amalner where one of the factories of Wipro was located, the laborers used to crib about the high temperatures because of which the manufacturing of the company used to suffer during the hot weather. Mr. Premji visited Amalner in one hot dry summer season and spent a few months with the staff of the factory. After this, the employees stopped complaining, and also the production level accrued once more.

Due to his business success, Mr. Azim Premji is the fifth richest person in India as of 2020. Azim Premji's net worth was 6.6 billion $ in the year 2020. Wipro has stocks in various stock market indices such as Sensex and Nifty. Mr. Azim Premji started an organization by the name of family wealth management, through this organization he invests within the firms which are listed in startups and also the Stock market. Premji had invested 1000cr in HDFC bank. He conjointly invested in Myntra in the year 2014. Later on, Myntra incorporated with Flipkart and Walmart had assimilated Flipkart. He invested 25 million Dollars in Myntra. He earned a profit of 500% by investing in Flipkart. He earned enormous sums of profits in his other investments. Premji invested in many companies listed on the stock market like Lenskart, Policy Bazaar, and other companies. He mainly invests in the companies which are listed on the Stock Market.
Azim Premji - The Philanthropist
Mr. Premji had so far donated 35% of his wealth to charity. He has started the Azim Premji foundation in the year 2001 to improve the education system of India by facilitating the universalization of primary education. His foundation's main goal is to provide education to the children living in rural India. He thinks that all Indians have a right to good quality education. He says if you are privileged then you must help the underprivileged people of our society.

Final Words

Mr. Premji is the biggest Philanthropist in India. He remained the richest person in India from the year 1999-2005. Throughout his life, he never focussed on popularity and money, rather he focused on Philanthropy. After involving in a lot of Philanthropy he is still the 6th richest person in India and prefers to live a simpler life. He was awarded The Padmabhushan in the year 2005 by the Government of India.

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Success Story of Azim Premji: From Rags to Riches

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Not all legends are born with a silver spoon in their mouth. Yes, some are born with rough and troubled times too.

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Best Never Give Up Motivation: Paytm Founder Vijay Shekhar Sharma

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Best Never Give Up Motivation: Paytm Founder Vijay Shekhar Sharma

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The founder of Paytm Vijay Shekhar Sharma was ranked the youngest billionaire in India by Forbes in 2017.

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Vijay Shekhar Sharma: Man Behind Revolutionary Portal Paytm

Vijay Shekhar Sharma is the man who always wears an always welcoming smile and built a company that transformed the way of money exchange in India. Paytm was nothing but a dream for Sharma when he struggled to make ends meet with just Rs.10 in his pocket. He captured victory the hard way, and it was all because of his hard work and dedication that he was able to make his dream a reality. Today, with this article, we will appreciate his life story from start to end.

Vijay Shekhar Sharma: Youngest Billionaire 2017

The founder and CEO of Paytm, Vijay Shekhar Sharma, is an Indian billionaire businessman ranked as India's youngest billionaire by Forbes in 2017. With a total net worth of $2.35 Billion, he was ranked # 62nd richest person in India by Forbes in 2020. He has also been featured in Time Magazine's World's 100 Most Influential People 2017 List. He is also a recipient of Yash Bharati, the highest civilian honor of the Government of Uttar Pradesh.

Vijay Shekhar Sharma: Basic Details

Occupation: Entrepreneur

Date of Birth: 8th July 1978

Age: 42

Home Town: Aligarh, Uttar Pradesh

Spouse: Mridula Prakash Sharma

Children: Vivaan Sharma

Nationality: Indian

Vijay Shekhar Sharma: Childhood & Education

The million-dollar startup founder was born in the small town of Aligarh, Uttar Pradesh, on 8th July 1978 and was a child prodigy. He went to a Hindi medium school in Harduaganj, a village near Aligarh. He then went on to get his bachelor's degree in Electronics and communication engineering from Delhi College of Engineering. He graduated from college when he was just 19 years old.

Vijay Shekhar Sharma: Family

Vijay Shekhar Sharma and Mridula Parashar Sharma, his wife, have a son named Vivaan Sharma. Sulom Prakash Sharma, his father, is a schoolteacher, and Asha Sharma, his mother, is a housewife. Ajay Shekhar Sharma, who is presently Senior Vice President at Paytm, is his younger brother, and he also has two older sisters.

Challenges faced by Vijay Sharma in college

Despite being incredibly bright and excellent in his academics, 15-year-old Sharma, who was educated in Hindi, could not deal with what his college lecturers were teaching. He claims he battled with a language barrier not only in college but also outside of it.

"In college, I didn't understand what the teacher was saying. I never felt one with my peers; I couldn't speak or understand English. I was a failure in my class but a hero in the computer lab." Vijay confessed to India today.

Vijay Shekhar Sharma: English Barrier

As Sharma's worries about his communication skills continued, he started to spend more time in the library and computer lab rather than in classes. He got inspired by the stories of Silicon Valley, of entrepreneurs who had made it big without a college degree. He began to study English with commitment with the assistance of translation books, magazines, English music, and his friends.

Vijay Shekhar Sharma: Startup in college

While in college, Vijay and his friend started a company outside their hostel named XS Corps. Their business card carried the address of their hostel and a phone number for the DCE's computer center. He also started a website in his college days named www.indiasite.net and later sold it for $1 million two years later.

Vijay Shekhar Sharma: One97 Company

In 2001, by taking a loan of Rs 8 Lakh, he started a company named One97 communications, the parent company of Paytm. The company offered mobile content, including news, cricket scores, ringtones, jokes, and exam results. The loan repayment was becoming a bit difficult, so he took jobs like delivering small guest lectures and setting up LAN connections, etc.

Vijay Shekhar Sharma: Paytm Timeline

2010 - In 2010, Vijay Shekhar launched Paytm, Pay through Mobile, by sensing a shift towards digital systems in consumer billing and payment processes.

2013 - It started with a prepaid mobile and DTH recharge platform and added mobile and landline payments in 2013.

2014 - In 2014, the company launched Paytm digital wallet.

2016 - Demonetization helped the business grow tremendously.

2017 - Paytm became India's first payment app to cross over 100 million app downloads.

Vijay Shekhar Sharma: Success of Paytm

After he launched Paytm, two words came to every Indian mind while doing money transactions were "Paytm Karo". The secret behind the success of Paytm was the trust Sharma built with his customers. He built a 24 * 7 internet wallet service with around the clock customer support service, which responded to customer complaints immediately, which made the customers trust him and put their money in the hands of the unknown. Users can recharge their mobile phones, DTH TV, Metro cards, pay bills, and whatnot through Paytm.

Paytm Success: Present Situation

Now, Paytm handles more than 5000 transactions per second, and a high capacity of transactions is made possible by implementing a straightforward yet effective and safe payment method. Users may make payments and transfers from anywhere by scanning the QR code of a seller or inputting the recipient's cell phone number.

Vijay Shekhar Sharma: Interesting Facts

Profit in loss Although his company suffered a loss of ₹3,393 crores in 2018, Vijay Shekhar Sharma's net worth rose to $2.6 Billion, close to ₹18,000 crores. Hence, he was ranked 877 among 2,153 global billionaires.

Paytm & Demonetization The Indian government announced demonetization in November 2016, with the withdrawal of high-value currency notes. This measure is intended to crack down on the black money market, illegal money laundering, and terrorist funding. While demonetization slashed cash worth billions of dollars within a short period, a considerable population segment turned towards digital payments. As a result, people began to use Paytm for money transfers, which grew tremendously.

Vijay Shekhar Sharma: Awards and Recognitions

2012
Most innovative startup of the year at the Entrepreneur India event by Franchise India

2013

Knowledge Faber Best Mobile Wallet Program Award

Special mention in the millionth Awards for commerce/business.

Gold Winner at the MMA Smarties for mCommerce

2014

Paytm's app is featured in the Apple App Store's Best of 2014 category for Mobile/DTH Recharge & Shopping.

Best Mobile Money product at the 4th India Digital Awards

2015

Vijay Shekhar Sharma featured in Economic Times "India's Hottest Business Leader under 40"

Vijay Shekhar Sharma was recognized among the Most Innovative CEOs of 2014 by Inc India.

2016

Paytm won ET Brand Equity most trusted brand of the year 2016.

Vijay Shekhar Sharma won the IMPACT Person of the Year Award 2016.

Vijay Shekhar Sharma won the Uttar Pradesh government's top Yash Bharti Award.

Vijay Shekhar Sharma won the ET Panache Trendsetter Entrepreneur Award.

Vijay Shekhar Sharma was named Businessman of the Year at the GQ Men of the Year Awards.

CEO Vijay Shekhar Sharma won NDTV Indian of the Year for Paytm.

He received an Honorary Doctorate from Amity University, Gurgaon, in 2016.

2017

Named the youngest billionaire in India, with a net worth of $1.3 billion. He was ranked # 1567 on the list of Forbes' "The world's Billionaire List."

Vijay Shekhar Sharma won the Entrepreneur India Awards 2017.

Vijay Shekhar Sharma was recognized among the 50 most influential young Indians by GQ.

Vijay Sharma was named to the 2017 Time 100 List of Most Influential People in the World.

Vijay Shekhar Sharma was recognized as the Entrepreneur of the Year at the Entrepreneur's Moneytech Awards 2017

Vijay Shekhar Sharma was announced as DataQuest IT person of the year.

Sharma won the Forbes Top 40 Under 40 Award.

Vijay Shekhar Sharma: Passion for his Work

Normally, anyone in place of Vijay Sharma's situation would have quit, but Vijay decided to build and use the time he had to become an entrepreneur. Thus, passion and hard work can bring you endless amounts of opportunities and nothing good can come by sitting waiting for the opportunities to come. You have to create them yourself. He is now the inspiration to all the young entrepreneurs who think that they can do nothing.

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Best Never Give Up Motivation: Paytm Founder Vijay Shekhar Sharma

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Vijay Shekhar Sharma is the founder of Paytm and was ranked as India's youngest billionaire by Forbes in 2017 with a total net worth of $2.35 Billion. He started Paytm in 2009 and struggled hard for 8 years to get successful.

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Man Behind Ayurveda Revolution: Acharya Balkrishna Biography

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Man Behind Ayurveda Revolution: Acharya Balkrishna Biography

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Patanjali has become one of the trustable products in India. While you may not know but the real owner of Patanjali is not Ramdev Baba. While Ramdev Baba is the Marketing face of Patanjali but the real owner is Acharya Balkrishna holding a 98.5% stake in the company.

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Acharya Balkrishna Biography: The Real Man Behind Giant Patanjali

Whenever we think of Patanjali, two names come to our mind: Baba Ramdev and Acharya Balkrishna. But do you know that the real driving force behind Patanjali Ayurvedic products is not Baba Ramdev but Acharya Balkrishna? In this article, we will look into the biography of Acharya Balkrishna to understand his journey from an ordinary person to a billionaire.

Acharya Balkrishna: Introduction

Acharya Balkrishna is the chairman of Patanjali's consumer goods company. Baba Ramdev is just the brand Ambassador and face of Patanjali products. With almost 98.5% stakes in the Patanjali Company, he is credited for the massive growth and success of the company. Patanjali occupies a central place in the Indian consumer market. From toothpaste to washing bar, there's hardly any household product in which Patanjali doesn't have the edge over its competitors.

Balkrishna: Early Life

Balkrishna Suvedi was born in Haridwar in Uttarakhand on 4th Aug 1972. His parents, Jay Vallabh Subedi and Sumitra Devi were migrants from Syganja, Nepal.

Balkrishna believes in a simple lifestyle, and he is always seen in a white dress that reflects his spirituality.

Schooling and Education

Balkrishna has not taken his degree from any prestigious university but has done his academics from a Gurukul. He completed his early education from Acharya Baldev's Gurukul in Haryana. Then he was admitted to Varanasi's Sampurnanand Sanskrit University, where he completed his higher studies and graduation. After completing his studies, he decided to travel across India to learn about plants and their medicinal properties.

Balkrishna & Baba Ramdev Duo

Balkrishna worked with Baba Ramdev in Haryana's Khanpur Gurukul Ashram. Two had met in a resident Indian school named Gurukul and became fast friends. Balkrishna had studied Ayurveda in school while Ramdev gained expertise in yoga. In 1995, Balkrishna and Baba Ramdev collaborated to establish Divya Yog Mandir Trust. Later, the duo started Divya pharmacy to make Ayurvedic and Herbal medicines.

Balkrishna - Baba Ramdev

Balkrishna & Patanjali

The famous brand Patanjali Ayurveda, as we know it today, was founded in 2006. It was launched due to the efforts of Balkrishna, who took a loan of Rs. 60 crore to set up Patanjali Ayurveda. Being a purely ayurvedic company, it was not able to generate profits. So the duo decided to venture into FMCG (Fast Moving Consumer Goods). The venture became successful, and today, Patanjali has achieved many milestones.

Acharya Balkrishna: Key positions

He is a scholar of Vedas, Ayurveda, Sanskrit language, Sakhya Yoga, Panini, Upanishads and Indian philosophy.

Presently, he is the chancellor of the same Gurukul from which he had studied.

He aims to revolutionise the health and education sector.

He is also the Vice-Chancellor of Patanjali University. The University offers various degrees and diplomas in Yoga, Computer Science, Ayurveda, Panchakarma and PhD.

He is also the chief editor of 'Yoga Sandesh' magazine.

He has written almost 41 research papers on Yoga and Ayurveda.

Brand Success: Balkrishna's Role

The 'Swadeshi' Tagline In almost every Patanjali Ad, we see a 'swadeshi' tagline. This tagline has appealed to Indian sentiments and attracted a substantial Indian population. Balkrishna suggested the idea to use the word 'swadeshi' to attract Indian customers. In this way, he succeeded in turning Baba Ramdev's followers into Patanjali customers. Seeing the incredible turnover of Patanjali, one can say that this strategy worked quite well.
The company even aspires to replace multinational products in the Indian market with local products.

No Salary He is indeed the largest shareholder of Patanjali Ayurveda, but he doesn't take any salary from Patanjali. However, the value of his shares is so much that he became the third-youngest Indian Billionaire in 2020.

Affordable Products We Indians usually look for budget-friendly products. Balkrishna identified this trait of Indians. Accordingly, he decided to sell its products at a low price. The budget-friendly nature of Patanjali products further boosted the brand's popularity.

Workaholic: 15 Hours/Day Balkrishna is the head of almost 34 companies and three trusts associated with Patanjali. He is also the central figure in Patanjali's an advertising and marketing decisions. He is responsible for dealing with advertisers and senior management along with the recruitment of Patanjali's staff.
Balkrishna works almost 15 hours a day, even on Sundays and holidays, to make the company better. He is also known for his quick and efficient decisions. According to his associates, he takes only 5 minutes to make a decision.

Allegations against Balkrishna

Balkrishna was accused of forgery and cheating in 2011. It was claimed that Balkrishna had submitted a fake degree to get an Indian passport. Even his school degree was missing from official government records. Accordingly, his Indian citizenship was questioned. These allegations severely damaged his reputation. But the authorities could not find any concrete evidence to support these allegations. The case was therefore closed within two years.

Coronil: He was also trolled recently for false claims about Coronil.

Balkrishna: Quick Facts

Balkrishna holds 98.6% share of Patanjali Company.

Owing to the massive popularity of Patanjali products, Acharya Balkrishna had become the third-youngest Indian Billionaire in 2020.

Balakrishna's assets have a total worth of 200 Crores, according to Forbes.

He was also honoured by former President APJ Abdul Kalam during a yoga camp.

He was also listed in India's 50 most influential personalities.

He was also conferred with the 2019 Champions of the change award to recognize his efforts in Ayurveda.

For his contribution to the healthcare sector, he was presented with the UN SDG 10 Most Influential People in Healthcare Award.

He has also received the 'Best Wellness Impact Global award.

For his efforts in Ayurveda, former Governor of Haryana, Kaptan Singh Solanki, presented the Bharat Gaurav award to Balkrishna.

He was also bestowed with the '2016 Bloomberg Special Recognition Award' and the 2017 'Lokmanya Tilak Award' for promoting Ayurveda.

His business skills bagged him the 'Indian of the Year Business Category- 2017' award.

Lessons to Learn

Tap Your Potential Balkrishna's journey from rags to riches is a perfect example of 'simple living, high thinking.' He tapped the potential of Ayurveda to attract Indian citizens, which in itself is unique. He has successfully broken many stereotypes and proved that your capabilities matter, not degree.

Dedication His journey teaches us the importance of Indian values. He showed the world that even our ancient texts and rich culture could create a successful business model. One should also learn from his hard work and dedication that enabled him to handle so many departments efficiently.

Last Strategy for Holding Market

Unfortunately, Patanjali is losing its stronghold over Indian markets. Due to this, Patanjali has recorded a decline in annual revenue. Therefore to keep his billionaire status and Patanjali business intact, Balkrishna has to develop a strong strategy. It will remain interesting to see how he brings Patanjali back into the race.

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Man Behind Ayurveda Revolution: Acharya Balkrishna Biography

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Acharya Balkrishna Biography: The Real Man Behind Giant Patanjali Whenever we think of Patanjali, two names come to our mind: Baba Ramdev and Acharya Balkrishna. But do you know that the real driving force behind Patanjali Ayurvedic products is not Baba Ramdev but Acharya Balkrishna?

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Couple Creating IVF Revolution in India: Dr Aniruddha Malpani & Wife

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Couple Creating IVF Revolution in India: Dr Aniruddha Malpani & Wife

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Dr Aniruddha Malpani is the founder of Malpani Ventures and Indias first sperm bank. He is specialist in IVF.

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Dr Aniruddha Malpani - Founder of Best IVF Clinic Malpani Ventures

Dr Aniruddha Malpani is an IN Vitro Fertilization (IVF) specialist, advocate, and the founder of Malpani Ventures. He gave new hope to the helpless people & is famous for his IVF centers & Malpani Clinic, located in Mumbai. Dr Aniruddha Malpani, known for his IVF specialization, has created new hope for many hopeless people. He runs his IVF specialization clinic to help people who have infertility issues.

Dr Aniruddha Malpani- Statistics

Nationality: Indian

Age: 60 years

Born: June 29, 1961

Hometown: Mumbai, India

Profession: Doctor

Education: University of Mumbai

Speciality: IVF specialist

Founded: Malpani Ventures

Marital status: Married

Dr Aniruddha Malpani - Early Life & Education

Aniruddha Narayan Malpani was born on June 29, 1961 in Mumbai, India to parents Narayan Kisanlal and Chandralaka Narayan Malpani. He pursued his graduation from the University of Mumbai & was a gold medalist with winning over 20 gold medals during his academic career. He is an MBBS holder from Seth GS Medical College, Mumbai. He has cleared DNB for the National Board of Examination & is also a passionate reader and a writer.

Education Timeline

Bachelor of Medicine, Seth GS Medical College, 1982

Bachelor of Surgery, Seth GS Medical College, 1982

He completed his Postgraduate Degree in gynecology in 1986 from University of Bombay

He also received training in IVF from UCSF, San Francisco and the USA.

Dr Aniruddha Malpani - Personal Life

He was born in Mumbai to Narayan Kisanlal and Chandralaka Narayan Malpani & married Anjali Malpani, the co-founder of HELP. He has two daughters Sanjana Malpani and Natasha Malpani.

Fact: Dr Aniruddha is the author at TheHealthsite.com.

Dr Aniruddha Malpani- Career Timeline

Dr Aniruddha Malpani, along with his wife, Dr Anjali Malpani, Director of Malpani Infertility Clinic, started their clinic in the year 1990

Dr Aniruddha started his first sperm bank in 1991

He achieved India's first pregnancy after PGD in 1999

Malpani started his angel investment in 2016

Dr Aniruddha Malpani - Achievements

Malpani carries a wide range of awards and achievements ever since he was in college, including:

Invited to speak on several national and international TV channels as an IVF specialist, including BBC, CNN, CBS, and ABC

Chief Advisor at Solidarity Investments

Member of the Invention Labs Board of Directors.

He is also the founder of India's first Consumer Health Education Resource Centre, the 'Health Education Library for People (HELP).'

He was invited as a speaker at many IVF conferences as a faculty member and expert.

Featured in many magazines and newspapers

He started his sperm bank in Mumbai, which was India's First sperm bank.

He founded India's first free patient education library, HELP

He won over 20 gold medals

Dr Aniruddha Malpani - Books

How to Have a Baby - 2008

How to Get the Best Medical Care - 2000

Successful Medical Practice - 2005

How to Find the Best Doctor - 2002

Using Information Therapy To Put Patients First - 2012

Note: Malpani's articles are published in many newspapers and magazines, including The Times of India.

Dr Aniruddha Malpani Controversies - Banned LinkedIn

His LinkedIn account was permanently restricted for expressing his views on Byju's Controversy. He criticized the work culture of ed-tech and posted about various unsatisfied user experience. He was banned from LinkedIn, and currently, his account is restricted. He also conferred that he has no conflict with Byju's as he only wrote to express his views about misleading sales and tactics of the ed-tech company.

Dr Aniruddha Malpani Ventures - Investments

Malpani Ventures, an angel investment firm, funds early stage startups. The venture provides investment to the various early-stage sectors that include Healthcare, Financial Technology, SAAS, Consumer Technology and Educational Technology. It is an Indian market leader for creating digital media for patient's education. It is presented on the board of 'Inventurus Knowledge Solutions', a BPO that provides RCM solutions for the US market. Malpani ventures invested in:

Allizhealth,

Video Streaming Vdocipher,

Language Learning Platform Multibhashi

Bibox

Avaz.

Dr Aniruddha Malpani - Healthcare Pioneer

Dr Malpani has led the way to use technology innovatively & educated many infertile couples using cartoon films, comic books, and e-learning on his website (www.ivfindia.com). Dr Malpani has helped people all across the world. He gave new hope to many hopeless couples & has closely felt the pain of the infertile couples and made a goal to help them medically in the most convenient manner.

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Couple Creating IVF Revolution in India: Dr Aniruddha Malpani & Wife

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Dr Aniruddha Malpani - Founder of Best IVF Clinic Malpani Ventures Dr Aniruddha Malpani is an IN Vitro Fertilization (IVF) specialist, advocate, and the founder of Malpani Ventures. He gave new hope to the helpless people & is famous for his IVF centers & Malpani Clinic, located in Mumbai.

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BJP Politician Smriti Irani - India’s Most Progressive Female Leader Shines Again

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BJP Politician Smriti Irani - India’s Most Progressive Female Leader Shines Again

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A woman who was a former model, Tv actress, producer, and now Indian Politician “Smriti Irani” is an idol for women in India.

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Actor Turned Politician Smriti Irani - Woman who Changed the Game

Smriti Zubin Irani is an Indian politician, former model, television actress, and producer. Irani is a member of India's Union Cabinet & is now serving as the Minister of Textiles in Narendra Modi's cabinet. Smriti also served as the Minister of Women and Child Development in Modi's second government & is a key leader within the Bharatiya Janata Party. Irani is also a television actress, has worked on many Indian dramas & is also a producer and owns Ugraya Entertainment, an entertainment firm.

Smriti Irani - Family & Early Life

Smriti Zubin Irani is a politician who was born into a middle-class Punjabi family in Delhi. Her father, Ajay Kumar Malhotra, is Punjabi and used to operate a small courier service. Her mother, Shibani Bagchi, is a Bengali-Assamese descent who has been a part of RSS. She is from a family of three sisters and is the eldest.

Smriti Irani - Marriage

Smriti married Zubin Irani, a Parsi businessman, in 2001 & the couple welcomed their first baby boy, Zohr, in October 2001. The couple welcomed their second girl child, Zoish, in September 2003. Both of her children are religious Parsis as well. Shanelle, Zubin Irani's daughter from his previous marriage with a former beauty pageant, Mona Irani, was studying Law in the United States at Georgetown University when Smriti met Zubin.

Smriti Irani - Education

Smriti Irani attended Holy Child Auxilium in Delhi and the School of Correspondence before enrolling at the University of Delhi. She took her first-year B.Com Examinations at Delhi University's School of Open Learning but did not complete the three-year degree program.

Smriti Irani - Social & NGO Work

Irani is involved with several non-profit organizations, including:

NGOs

Cancer Patients Aid Association

Vatsalya Street Kids Foundation

In 2007, Smriti founded her own NGO, 'People for Change.'

Social Work

During the Mumbai floods of 2007, 'People for Change' provided sports scholarships in Nasik, carried out drinking water projects in rural India, giving borewell facilities to over 35 villages in Maharashtra, and collected and distributed over 10 tons of relief material in collaboration with 92.5 FM radio station.

Smriti was India's first representative in the Monte Carlo Television Festival.

USAID chose her as a Goodwill Ambassador to India for the WHO-ORS program for a three-year term.

'People for Change' offers scholarships for higher education to children from low-income families and hosts' Women & Wealth' financial literacy programs for women.

Smriti Irani Entertainment Career - Appearances & Recognition

Along with Gauri Pradhan Tejwani, Irani was one of Miss India 1998 contestants who failed to make the top nine.

Irani starred alongside Mika Singh in the song "Boliyan" from the album "Saawan Mein Lag Gayi Aag" in 1998.

Her first television appearances were in the shows Aatish and Hum Hain Kal Aaj Aur Kal. Later, she was cast as Tulsi Virani in the film 'Kyunki Saas Bhi Kabhi Bahu Thi.'

She won the "Indian Television Academy Award- Popular" for consecutive five years.

In Zee TV's Ramayan, she played the mythological role of Sita. She also worked on the program Thodi Si Zameen Thoda Sa Aasmaan as a co-producer.

In 2007, The TV series 'Virrudh' was produced by Smriti. She also played Vasudha, the main character in the film. Mere Apne was her next project. Vinod Khanna was a key figure in it. She has also appeared in the film 'Teen Bahuraaniyaan.'

Irani and Sakshi Tanwar co-hosted the dancing reality program Yeh Hai Jalwa in 2008. In the same year, she released 'Waaris.' She then featured in a comedy program called Maniben.com in 2009.

In 2012, Smriti worked in the Bengali film Amrita. In 2010, she performed Personification of Dwarkamai in the Hindi film 'Malik Ek.' In the Telugu film 'Jai Bolo Telangana,' she played an activist.

Smriti Irani - Political Journey

In 2010, she was elected as the party's national secretary and the party's women's wing president. In 2011, Smriti Irani was elected to the Rajya Sabha, and in 2012, she was selected as the BJP's Vice-President.

Political Timeline

In August 2012, she was assigned to the Parliamentary Forum on Disaster Management and the Consultative Committee for the Ministry of Urban Development.

She served on the Committee on Coal and Steel from September 2011 until May 2014.

On May 26, 2014, Smriti Irani was appointed Union Minister of Human Resource Development.

The BJP offered her the ticket to run against Rahul Gandhi in Amethi, Uttar Pradesh, in the 2014 Lok Sabha elections, based on her leadership abilities and devotion. However, Rahul Gandhi defeated her by a small margin.

In Prime Minister Narendra Modi's cabinet reshuffle on July 5, she was transferred to the Textiles Ministry.

Irani defeated Congress President Rahul Gandhi in the Amethi Lok Sabha constituency in the 2019 General Elections, proving to be a giant killer.

Smriti Irani - Achievements and Recognition

Television Achievements

Smriti received the Indian Academy Television Award for Best Actress for five years in a row (2001-2005) for "Kyuki Saas Ki Kabhi Bahu Thi."

In 2007, she received the Indian Telly Award for Best Actress for Virrudh.

In 2014, she received the Garv Indian TV Awards' Best TV Personality of the Decade award.

Other Career Awards

In 2005, she received the Gr8! Women Achiever's Awards.

Irani was selected by the World Economic Forum (WEF) as a Young Global Leader from India in 2015.

In the 126th Inter-Parliamentary Union Assembly, Irani was overwhelmingly chosen as a Member from the Asia Pacific Region to the Task Force to establish the first-ever Committee for Young Parliamentarians.

For three years, Irani served as the USAID Goodwill Ambassador to India for the WHO-ORS program.

Irani's win in Amethi over Congress President Rahul Gandhi was included in Femina's Power List in 2019 under the subject "Women Who Changed the Game."

Smriti Irani Controversies

Smriti Irani was subjected to criticism from opposition parties and the media upon her nomination as the HRD minister.

Education Qualification - In 2004, Smriti Irani declared in an affidavit that she had earned a BA degree from University of Delhi's Open School of Correspondence in 1996. However, in the 2014 General Elections, when she ran for the Amethi seat in Uttar Pradesh against Rahul Gandhi of the Congress, she stated that she had earned a Bachelor's of Commerce Part -1 degree from the University of Delhi in 1994.

Suicidal Case - The Union HRD Minister has found herself involved in yet another controversy, this time over comments she made in Parliament regarding Rohith Vemula, a Hyderabad University research student who committed himself.

Smriti Irani - Woman who Changed the Game

So, this was all about Smriti Irani biography. Irani is regarded as one of India's most progressive female leaders & joined the Bharatiya Janata Party in 2003 and was elected as Vice-President of the Maharashtra Youth Wing the following year. She has come a long way from doing minor roles in TVs to becoming a prominent Indian politician. However, Smriti doesn't look in a mood to halt her journey and is expected to continue serving the nation.

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BJP Politician Smriti Irani - India's Most Progressive Female Leader Shines Again

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Actor Turned Politician Smriti Irani - Woman who Changed the Game Smriti Zubin Irani is an Indian politician, former model, television actress, and producer. Irani is a member of India's Union Cabinet & is now serving as the Minister of Textiles in Narendra Modi's cabinet.

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Success Story of Dhirubhai Ambani: The Foundational Man of Reliance

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Success Story of Dhirubhai Ambani: The Foundational Man of Reliance

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Dhirubhai is India's most enterprising entrepreneur. He is the founder of Reliance commercial corporation which was renamed Reliance Industries on May 8, 1973.

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Big Basket Startup – Everything About India’s Biggest Online Grocery Store

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Big Basket Startup – Everything About India’s Biggest Online Grocery Store

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India’s biggest online grocery story “ Big Basket” has an estimated market valuation of $1.85 billion and recently Tata has acquired 64% stake in the company.

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Big Basket - The Story & Inspiration Behind Hari Menon's Visionary Idea

Big Basket is an Indian online grocery store that delivers home and food essentials. Big Basket is one of India's largest grocery stores and was established in 2011 by Hari Menon, V.S. Sudhakar, Vipul Parekh, Abhinayss Choudhari, and V. S. Ramesh. Its headquarters is located in Bangalore, Karnataka, India. India's fastest online grocery shop is growing immensely fast and receives up to 100,000 orders per day. It is recently owned by Tata Group, which helped it acquire 64% of the company.

Growth Fact: Big Basket clocked up the market valuation of $1.85 billion as of May 2021.

Big Basket Startup - Key Points

Company Name : Big Basket

Founded : 2011

Founder : Hari Menon, V.S. Sudhakar, Vipul Parekh, Abhinayss Choudhari, V. S. Ramesh

Headquarters : Bangalore, Karnataka, India

Parent organization : Tata Group

Website : www.bigbasket.com

Type of service offered : Grocery Delivery

Big Basket Story - Beginning of the Idea

The failure of the dot com bubble made the founders of Big Basket create this unique website. They first started www.fabmart.com back in 1999, an online platform for selling books, toys, and groceries. Then in the year 2011, the company came with the idea of something new, and as the Smartphone Company was booming at that time, they decided to come up with something that was not available, and that was the time they realized of starting an online grocery shop. Before setting up its first warehouse, Big Basket used to provide services by purchasing products from metro cash and carry stores.

Financial Fact: Big Basket's expenses were raised from Rs 3365 crore in FY19 to Rs. 4411 crores in FY20.

Big Basket Startup - Services & Products

The company has launched over three businesses such as:

BB Daily: This delivers customers with fresh groceries and milk within a short period. If the order is placed before 10 PM, the goods are delivered the next day within 5 AM to 7 AM.

BB Beauty: This provides the customers with a wide range of personal care and beauty products.

BB Instant: These are the vending machines of Big Basket, available in tech parks, corporate offices, etc.

Big Basket Startup - Founders

Hari Menon Hari Menon is the co-founder and CEO of Big Basket. He was a former CEO of Symphoni Industrial AI, Timeli, Serus Corporation, and Tumri and pursued his MBA from Carnegie Mellon University.

Vipul Parekh Vipul Parekh is the Co-founder of Fabmall and the former director of companies such as Peepul Capital- a leading private equity fund. Besides, that he has also worked as a business development head at the Wipro InfoTech Group, he is a former alumnus of IIM Bangalore.

VS Sudhakar VS Sudhakar is also the CEO of Big Basket and was the former CEO of Planetasia and has great experience in the IT sector.

VS Ramesh VS Ramesh is the Head of Supply Chain and Logistics at Big Basket. He has over 21 years of experience in operations and logistics and graduated from Karnataka University in Electronics Engineering.

Abhinay Choudhari Abhinay Choudhari is the head of New Initiatives at Big Basket. He was a former employee at iGATE and Infosys. He was the founder of www.stylecountry.com and is a former alumnus of IIM Ahmadabad.

Big Basket Startup - CEO Hari Menon, Abhinay Choudhari, Vipul Parekh

Big Basket Startup - Investors and Funding

Over 17 investors fund Big Basket, and the recent investors include Alibaba Group and CDC Group. Big Basket has fundraised over an amount of $1.1 billion in 17 rounds. The latest fund was raised on April 15, 2020, with a Debt Financing Round.

Big Basket Startup - Competitors

The top 2 competitors of Big Basket include:

Note: Grofers is considered as one of the tough competitors to Big Basket. It is a Gurugram based online delivery startup that was started in the year 2013.

Big Basket Startup - Acquisitions & Mergers

Big Basket Startup - Business Model

This online platform has a wide range of products available. It has over 10000 brands and more than 18000 available on its app and website. The products mostly available are vegetables, rice, packaged food products, beverages, etc. Initially, the company followed the Just-in-Time model. Now, the Inventory Model is followed where the products are directly sourced from the manufactures.

Big Basket Startup Story - Revenue

The revenue of Big Basket has reached up to Rs. 3818 crores at the end of March 31, 2020, with a growth of 36%.

Its sales have doubled and have reached up to $2 billion by the year 2021.

Its services are provided in over 26 cities of India.

It is endorsed by Shah Rukh Khan- one of the most popular celebrities of Bollywood.

Note: Big Basket is planning to establish warehouses in 26 cities of India and expand Big Basket's range.

Big Basket: Largest Online Grocery Store

So, this was all about Big Basket. It is one of the newest and most excellent ways established to buy groceries online. It has bought a significant change by building this platform that delivers groceries in the right of the customers' doorsteps and has made people's lives more convenient. This modernized grocery store has received great success within a few years.

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Big Basket Startup - Everything About India's Biggest Online Grocery Store

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Big Basket - The Story & Inspiration Behind Hari Menon's Visionary Idea Big Basket is an Indian online grocery store that delivers home and food essentials. Big Basket is one of India's largest grocery stores and was established in 2011 by Hari Menon, V.S. Sudhakar, Vipul Parekh, Abhinayss Choudhari, and V.

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Will Kunal Bahl’s Dream Startup be Able to Stand Again on Top?

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Will Kunal Bahl’s Dream Startup be Able to Stand Again on Top?

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Snapdeal is a popular Indian e-commerce that was started by Kunal Bahl & Rohit Bansal in 2010 and within 6 years, in 2016, became a $6.5 billion company. However, the idea soon failed with many loopholes and is now trying to make a comeback again.

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Snapdeal Startup - The $6.5 Billion E-commerce Trying to Comeback

Snapdeal is one of the most popular Indian-based e-commerce portals. It allows the smooth sale of products from the seller to the buyer. E-commerce websites like these have made our lives simpler and, we can rely on these companies. Snapdeal is one of those companies that have over a million customers. They shop every day from its website, creating good traffic on it. The company also offers quick delivery and has a hassle-free return policy. You can buy almost everything that you need in just one click. Let's get to know the success story of this e-commerce company that has transformed online shopping in India.

Snapdeal Startup - Key Points

Startup Name - Snapdeal

Founded - 2010

Founders - Kunal Bahl, Rohit Bansal

Area Served - India

Headquarters - Gurgaon, Haryana, India

Parent Company - Jasper Infotech Pvt. Ltd.

Business Type - Private

Industry - E-commerce

Services - Online Shopping

Revenue - $130 million

Website - www.snapdeal.com

Snapdeal Story - Founders and Team

Snap deal got founded by Kunal Bahl and Rohit Bansal.

Kunal Bahl - He is the CEO and founder of the company. Kunal completed his studies at the Wharton School. He is also an investor in various businesses such as Titan.

Rohit Bansal - Rohit is an IIT Delhi graduate and a co-founder of Snapdeal. He is skilled in Business Development and Team Management.

Snapdeal Founders

Snapdeal Parent Company - Jasper Infotech Private Limited

Jasper Infotech Private Limited owns Snapdeal. It gets operated as a holding corporation of its parent company. It provides e-commerce and marketing services to its customers through the portal. They also offer various discounts, sales, and vouchers for movies, entertainment, restaurants, lifestyle products, shopping, travel, health packages, etc.

Snapdeal - Brand Name, Logo, and Tagline

Brand Name - The name of the corporation signifies its job. It offers various kinds of deals to its customers in just one snap.

Logo - The logo of Snapdeal is in a striking pinkish-red color that grabs the attention of its customers.

Tagline - Snapdeal changes its catchphrase almost every year. Once the festive season kicks in, they instantly change it to attract more customers. Some of the slogans used by the company are Unbox Life, Bachaate Raho, Dil Ki Deal, etc.

Snapdeal Startup - Business Model

Snapdeal operates on the simple B2C (Business to Customer) model and allows third parties to sell their products directly on the website. Customers from all over the country can buy these products from the official website or app of the company. It offers a matchmaking model of business that connects online buyers to online product sellers. It also provides logistical support and product delivery services to its customers to encourage the use of its platform.

Snapdeal Story - Investors and Funding

Snapdeal has managed to raise $1.8 billion in funds in 13 rounds. Some of the funding and investors of the company are as follows:

$12 million - Indo-US Venture Partners, Nexus Venture Partners, Series A Round, 2011

$40 million - Bessemer Venture Partners, IndoUS Venture Partners, Nexus Venture Partners, Series B Round, 2011

$50 million - eBay, Recruit Holdings, Intel Capital, Ru-Net, Saama Capital, Series C Round, 2013

$75 million - Softbank, Venture Round, 2013

$133.5 million - eBay, Series D Round, 2014

$100 million - Black Rock, Myria, Series E Round, 2014

Undisclosed Amount - Ratan Tata, Venture Round, 2014

$627 million - Softbank Telecom Corp, Private Equity, 2014

$500 million - Alibaba Group, Foxconn Technology Group, SoftBank Telecom Corp, Private Equity, 2015

$200 million - Ontario Teacher's Pension Plan, Iron Pillar, Brother Fortune Apparel, Private Equity, 2016

$21 million - Clouse SA, Secondary Market, 2016

$17 million - Nexus Venture Partners, Rohit Bansal, Kunal Bahl, Venture Round, 2017

Undisclosed Amount - Anand Piramal, Venture Round, 2019

Snapdeal Startup - Acquisitions

Snapdeal has acquired more than companies to date. Some of the acquisitions made by the company are as follows:

Grabbon - 2010

Esportsbuy - 2012

Shop - 2013

Wishpicker - 2014

Doozton - 2014

FreeCharge - 2015

Exclusively - 2015

Unicommerce - 2015

MartMobi Technologies - 2015

Reduce Data - 2015

RupeePower - 2015

Fashion - 2015

Targeting Mantra - 2015

Targeting Mantra - 2016

GoJavas - 2016

Snapdeal Story - Partnerships

Snapdeal has partnered with various multinational companies to expand its business. Some of its partnerships are as follows:

Snapdeal Startup - Growth Story

Snapdeal has seen significant growth in its business in the past few years. It also conducts various sales during the festive season to increase traffic and attract customers to its site.

Snapdeal has seen a growth of almost 500% in the past few years.

It has more than 55,000 registered sellers on its website.

It has over 210 million listings on the platform.

Snapdeal sells over 5 million different types of products on its portal.

It offers 820 plus categories to the customers.

Snapdeal delivers its products in more than 7000 towns and cities in India.

It also gets valued as a billion-dollar corporation.

Snapdeal - Revenue Model & Numbers

Snapdeal is an e-commerce company and, it earns its revenue from charging a small commission from all the registered sellers on the website. They provide a subscription to their customers and get money from there also.

Snapdeal's revenue for the FY 2019-20 was $127 million compared to $74 million in the DY 2018-19.

The company saw almost twice the growth in its revenue in just one year.

The loss also decreased from $25 million in FY 2019-20 compared to $83 million in FY 2018-19.

Snapdeal Startup Competitors

Snapdeal has been in the game for a significant period now. Over time, various new companies have entered the sector. Snapdeal has many competitors in the market and, some of them are performing well on different levels. Few strong competitors of Snapdeal are as follows:

Snapdeal - India's Mega E-commerce

Snapdeal is doing a spectacular job in providing the utmost service to its customer. It is one of the leading players in the market almost all of its competitors. The company offers numerous attractive deals to the customers that give them an edge over other e-commerce websites.

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Will Kunal Bahl's Dream Startup be Able to Stand Again on Top?

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Snapdeal is a popular Indian e-commerce that was started by Kunal Bahl & Rohit Bansal in 2010 and within 6 years, in 2016, became a $6.5 billion company. However, the idea soon failed with many loopholes and is now trying to make a comeback again.

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Corporate Leader Kumar Mangalam Birla – The Man who Took the Aditya Group to Top

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Corporate Leader Kumar Mangalam Birla – The Man who Took the Aditya Group to Top

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Kumar Mangalam Birla is a popular Indian industrialist that chairs top companies and institutes in India. In 1995, Birla took the Aditya Group’s helm after the demise of his father and took it to top.

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Kumar Mangalam Birla - The Story of CA that Became Successful Industrialist

Kumar Mangalam Birla is an Indian industrialist and the chairman of all the major companies in India and globally, including Boards of Hindalco, Grasim, UltraTech, Vodafone-Idea and Aditya Birla Capital Limited. In addition, Birla also chairs the global companies Novelis, Birla Carbon, Aditya Birla chemical, Aditya Birla Minerals, Terrace Bay Pulp Mill, and Domsjo Fabriker. He also chairs The Indian Institute of Technology Delhi and an Indian Institute of Management Ahmadabad. Besides that, he is also the chancellor of Birla Institute of Technology Delhi.

"The one important factor that keeps me going is the kind of people I work with." - Kumar Mangalam Birla

Kumar Mangalam Birla Bio - Statistics

Full Name: Kumar Mangalam Birla

Date of Birth: 14th June 1967

Place of Birth: Kolkata, West Bengal; India

Occupation: Indian billionaire Industrialist, Chairman

Parents: Aditya Vikram Birla and Rajashree Birla

Spouse: Neerja Birla

Children: Ananya Birla, Aryaman Birla, Advaitesha Birla

Kumar Mangalam Birla Story - Early Life and Family

Kumar Mangalam Birla was born on 14th June 1967 in Kolkata, West Bengal, India. He belongs to a fourth-generation member of the Marwari Birla family from Rajasthan and has spent most of his childhood in Mumbai and Kolkata. His father, Aditya Vikram Birla, was an industrialist and his mother, Rajashree Birla, was a business magnate. He got married to his wife Neerja Kasliwal on 17th May 1989. This couple has three children Aryaman Vikram Birla, Ananya Birla, and Advaitesha Birla.

Kumar Mangalam Birla Story - Education

He pursued his high schooling at Sydenham College of Commerce and Economics.

He holds a bachelor's degree, which he pursued from HR College of Commerce and Economics of the University of Mumbai.

Later, he became a CA (Chartered Accountant) from the Institute of Chartered Accountants of India (ICAI).

He further pursued his MBA from London Business School, London, United Kingdom.

Kumar Mangalam Birla Wiki - Career Timeline

Business Career

Kumar Mangalam Birla had to take over the position of Chairman of the Group at the age of 28 in 1995 after the sudden demise of his father, Aditya Vikram Birla. As a chairman, Birla had a lot of pressure to take the Aditya Birla Group to higher growth.

In 1995, he raised the growth of Aditya Birla Group from $2 billion to $46.3 billion. It made him emerge as a national leader in the Group sector where it operates.

In 20 years, he has made over 40 acquisitions in India as well as globally.

Acquisitions

He acquired Novelis in the year 2007, which is regarded as the second-largest acquisition made by an Indian company.

The acquisition of Columbian Chemicals, the world's third-largest carbon black manufacturer, positioned this Group as the no. 1 sector.

The acquisition of Domsjo Fabriker enabled the Group's pulp and Fiber business to its further global position.

Another big acquisition made by him was CTP GmbH, a chemical and technology for polymers in Germany.

He has made significant acquisitions in India, including Jaypee Cement Plants, Binani Cement, Cement Division of Larsen and Toubro, Indal from Alcan, Madura Garments from Coats Viyella, Solaris Chemtech Industries, and the Chor Alkali division of Kanori Chemicals.

Positions held

Central Board of Directors of the Reserve Bank of India - Director

Advisory Committee constituted by the Ministry of Company affairs - Chairman

Served as the Prime Minister of India's Advisory Council on Trade and in industry.

Authored the first report on Corporate Governance, titled "Report on the Kumar Mangalam Birla Committee on Corporate Governance".

Chairman of SEBI's committee on Insider Trading.

Associated Chambers of Commerce and Industry of India - Member of Apex Advisory Council.

Part of National Council of Confederation of Indian Industry.

Kumar Birla & Aditya Birla Group - Numbers

Under Birla's leadership, Aditya Birla Group has a great position among all the major sectors. In addition, he has an excellent workforce that includes over 12000 employees belonging from 42 different nations.

It is ranked as the 4th company globally and 1st in the Asia Pacific for the "Top Companies for Leaders".

Besides that, the company has been ranked as the Number 1 corporate and has topped Nielson's Corporate Image Monitor in the year 2014- 2015.

It has also been ranked as the "Best in Class" for its success in the third year.

In 2018, Aditya Birla Group was also honored with the "The Best Employers to work for in India" by AON Hewitt.

Kumar Mangalam Birla Success - Awards and Achievements

1998- He achieved India's topmost admired and CEO and the top CEO of the coming millennium award.

1998- Global Finance award for 'Among the 10 superstars of Corporate Finance'.

2001- Hindustan Times award for the 'The Businessman of the year."

2001- "Golden Peacock National Award for the Business Leadership."

2001- "The outstanding Business Man of the year".

2001- The Rajiv Gandhi Award for "Business Excellence and his contribution towards the country".

2003- Business India awarded him the "Business Man of the Year".

2010- He was honored as the "CNN- IBN Indian of the year 2010 for the outstanding business person and making most of the business successful."

2016- He was awarded as the International Advertising Association's CEO of the year.

2017- He was honored with the "The GIL Visionary Leadership Award".

2017- The CNBC- TV18 honored him with IBLA Outstanding Businessman of the year.

2019- He was honored with ABLF Global Asian Award.

Kumar Mangalam Birla - One Man Conglomerate

His excellent management skills and efficiency have made him achieve his career as a chairman and a visionary. His hard work and dedication can be seen through his achievements and success. Over the years, he has been achieving the qualities of a true businessman. His passion for business can be seen through the outcome of Aditya Birla Group.

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Corporate Leader Kumar Mangalam Birla - The Man who Took the Aditya Group to Top

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Kumar Mangalam Birla - The Story of CA that Became Successful Industrialist Kumar Mangalam Birla is an Indian industrialist and the chairman of all the major companies in India and globally, including Boards of Hindalco, Grasim, UltraTech, Vodafone-Idea and Aditya Birla Capital Limited.

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Observe AI Startup – The Voice based AI that Hit $15.3 Million Revenue

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Observe AI Startup – The Voice based AI that Hit $15.3 Million Revenue

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Oberve.AI is an Artificial based start-up that was started by Swapnil Jain in San Francisco in 2017. In 2021, with 150 customers, the startup has raised more than $34M in funding.

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Swapnil Jain's Voice AI Software Observe.AI - Now Backed with $88Million

Observe.AI is a voice of the customer (VoC) service agent enabled platform driven by AI that uses the latest speech and natural language processing technology to allow businesses to examine 100% of calls swiftly. Support teams use Observe.AI to improve call quality, check compliance, and coach agents to become top performers. Agents provide a rare opportunity to humanise companies and enhance the consumer experience in a digital environment, and Observe.AI hopes to accomplish this with this endeavour.

Note: The core goal of Observe.AI is to disrupt the $300 billion voice customer service industry by using AI-based insights and coaching to transform every agent into your best brand representative.

Observe.AI Startup - Key Highlights

Startup Name - Observe.AI

Headquarter - San Francisco, CA

Sector - Analytics, Voice AI

Founders - Akash Singh, Sharath Keshava Narayana, Swapnil Jain

Founded - 2017

Parent Organization - Z21 Labs

Website - www.observe.

Observe.AI Story - Beginning of Idea

Swapnil and Akash, the co-founders, had a feeling in 2017 that advances in speech, natural language processing, and artificial intelligence (AI) were opening up new opportunities across every sector and vertical. These two entrepreneurs recognised they could utilise these technologies to revolutionise how the world's 100 million call centre agents work while on a trip to the Philippines.

Fun Fact: Observe.AI has an 80% transcribing accuracy, an 80% silence detection rate, and an 87% sentiment analysis rate.

Observe.AI Startup Story - Founders & Team

Swapnil Jain, Co-Founder & CEO: Swapnil is an IIT Delhi graduate with a strong foundation in technology. Before joining Observe.AI, he worked at Twitter, where he oversaw user growth and launched the company's India branch. He focuses on product innovation as CEO of Observe.AI.

Sharath Keshavanarayana, Co-founder & CRO: Sharath is a second-time entrepreneur with over 14 years of experience leading and managing global sales teams at Unbxd, AWS, and Akamai. He focuses on go-to-market operations like sales, marketing, and Customer Success as the CRO of Observe.AI.

Akash Singh, Co-Founder & CTO: Akash is an IIT Delhi graduate with experience in both high-tech and start-ups. He is based in Bengaluru and is in charge of the engineering team.

Observe.AI - Founders & Team

Observe.AI Startup Story - Brand Tagline

The tagline of Observe.AI is "Turn every agent into your finest brand advocate with Voice AI," says Observe.AI tagline. AI's This is because the ventures think that agents are the brand's voice and contact customers and prospects more frequently than anybody else in the company.

Observe.AI Startup - Products & Services

Observe.AI is an Audio AI platform that uses the latest speech Recognition, Natural Language Processing, and deep learning technologies to transcribe and analyse 100% of voice customer care calls. For Contact Centres, this solves many issues:

Repairing Faulty Quality Assurance system: Only.003% of calls are assessed for quality and compliance purposes on average. With Observe.AI, every call is evaluated in its entirety. Furthermore, call scoring with Voice AI is objective and data-driven (rather than randomly selecting calls to review, which is how the process works today).

Compliance & Security: The platform detects compliance issues automatically. Furthermore, features such as automated PII redaction safeguard sensitive user information.

Operational Improvements: Voice helps AI organisations increase critical contact centre KPIs like customer satisfaction (5%), average hold time, dead air, and the Quality Analyst to Agent ratio.

Improving Customer Experience: With objective proof, sentiment analysis via Voice AI helps firms understand how customers feel about the support experience and the company's products/services.

Note: Observe.AI has one of the Bay Area's most diversified teams, with a worldwide culture that spans San Francisco, Bangalore, and Dallas, Texas.

Observe.AI - Unique Selling Proposition

Through AI-based insights and coaching, Observe.AI aims to transform every agent into the best potential brand representative. Observe.AI benefits include:

Built for Contact Centres : We provide the highest transcribing accuracy in the industry (80%, which is higher than Google and Amazon for Contact Centres). Our entire platform is focused on the Contact centre use case.

Rapid integration : In the Speech Analytics Contact centre industry, we are the quickest solution to go live. In a sector where it might take 3MO+ to get up and running, our customers go live in just two weeks, and we offer one-click connectivity with Talkdesk.

Proprietary SpeechNLP : SpeechNLP for Sentiment Detection, Silence Detection, and automatic Redaction on calls, our engineering and Machine Learning teams have released some genuinely ground-breaking capabilities.

Fun Fact: The expected Target Market Size for Observe.AI is more than $300 Billion.

Observe.AI Startup - Investors and Funding

Observe.AI has raised a significant amount of money throughout the years. It recently acquired $26.2 million in Series A funding from Scale Venture Partners in December 2019.

Funding : The current $26 million Series A financing brings the overall funding for Observe.AI to $34.3 million.

Observe.AI - Indian Pioneer of Artificial Intelligence

So, this was all about Observe.ai. It is one of the few firms that discovered the market first and then created a product around it, rather than the other way around. The team was able to keep improving the product by maintaining a constant feedback loop with the users, ensuring that the process was never a one-time event but rather a continual activity.

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Observe.AI Startup - The Voice based AI that Hit $15.3 Million Revenue

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Swapnil Jain's Voice AI Software Observe.AI - Now Backed with $88Million Observe.AI is a voice of the customer (VoC) service agent enabled platform driven by AI that uses the latest speech and natural language processing technology to allow businesses to examine 100% of calls swiftly.

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Ambani’s Reliance Industries Limited – The Story Behind the Largest Indian Company

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Ambani’s Reliance Industries Limited – The Story Behind the Largest Indian Company

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Reliance Industries Limited is India’s biggest company by market valuation and the fourth company globally to hit a $100 billion valuation. The company was started in 1973 by Dhirubhai Ambani and currently is led by Mukesh Ambani.

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How Mukesh Ambani Took Over-Reliance Industries & Topped $100B Valuation?

Reliance is one of the largest corporations and most profitable companies in the world. It is a conglomerate company that operates in various sectors and is diversified in industries such as petrochemicals, fashion, entertainment, telecommunication, etc. RIL crossed the $200 billion market capitalization in 2007 and became the first Indian company to achieve this milestone. It is also the highest tax-payer by any private organization in India. So, let's get to know about the success story of this giant Indian multinational company.

Fun Fact : In 2020, Forbes magazine ranked it 96th in the Fortune Global 500 list of companies.

Reliance Story - Key Points

Startup Name - Reliance Industries Ltd.

Founded - 1973

Founder - Dhirubhai Ambani

Headquarters - Mumbai, Maharashtra, India

Owner - Mukesh Ambani

Company Type - Public

Industry - Conglomerate

Area Served - Worldwide

Revenue - $92 billion

Number of Employees - 2,37,000

Website - www.ril.com

Reliance - Founders and Team

Reliance got founded by Dhirubhai Ambani and, Mukesh Ambani is the Chairman and MD of it. Its churn rate has increased to 23.4% from 7.5% in the past few years. The employee retention rate of the company is commendable and, the working environment is much easy and stable.

Reliance - Chairman and MD

Fun Fact: Reliance has more than 2,00,000 employees, of which 30,000 are permanent employees and 1,70,000 temporary employees.

Reliance Legacy - History

Reliance got incorporated in 1960 as a partnership firm in Maharashtra. It started the business of polyester and later established a mill in Gujarat of synthetics fibre. They issued their IPO in 1977 and, it went over-subscribed more than five times. They soon started entering into different sectors to expand their business.

Reliance Story - Listing and Shareholdings

The Ambani Family holds 49.38% of the Reliance Industries Ltd. Rest 50.62% of the shares gets owned by the other shareholders such as FII, public, corporate bodies, etc. Its largest shareholder is LIC, India that has a holding of 7.98%.

RIL gets listed in NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). Its 3.46% share gets listed at the Luxembourg Stock Exchange and, debt securities are in the WDM (Wholesale Debt Market) of NSE.

Reliance Success Story - Subsidiaries

Some of the subsidiaries of Reliance are as follows:

Jio

Reliance Retail

Reliance Solar

Reliance Industries Infrastructure Ltd

Reliance Life Sciences

Network 18

Embibe

Model Economic Township

Reliance Logistics

NowFloats

Reliance Strategic Business Ventures Ltd.

Reliance Industrial Investments and Holdings Ltd.

Reliance Sibur

Reliance Company Story - Products

Some of the products of the company are as follows:

Reliance - Awards and Achievements

Reliance Industries has won several awards and achievements. Some of the awards won by them are as follows:

International Refiner of the Year - Global Refining and Petrochemicals Congress, 2017

International Refiner of the Year - HART Energy's 27th World Refining and Fuel Conference (for Jamnagar Refinery), 2005 and 2013

Ranked 7th Most Trusted Brand in India - By the Brand Trust Report, 2013

Ranked 9th Most Trusted Brand in India - By the Brand Trust Report, 2014

Certified as Responsible Care Company - By American Chemistry Council, 2012

Ranked 25th in the World - By ICIS Top 100 Chemicals Companies List, 2012

National Golden Peacock Award - In the corporate sustainability, 2011

Ranked 5th Biggest Sustainable Value Creator in the World - By Boston Consulting Group, 2009

Selected in the top 100 Best Managed Companies in the World - By the Industry Week Magazine, 2000

Won National Energy Conservation Award - In Petrochemical Sector, 1994, 1995, 1996, 1997

Reliance Story - Advertisement and Promotion

Reliance has collaborated with several top actors and actresses to promote its brands. The fan base of these superstars has helped the company. It has drawn the attention of customers towards their brands and made them more customer-friendly. The owner of RIL, Mukesh Ambani, also owns an IPL team (Mumbai Indians). The purchases of an IPL team have played an instrumental role in promoting and advertising their brand in the global market. It bought RIL in the spotlight and saw significant growth in its business.

Reliance - Revenue

Reliance Industries earns its revenue from various sources. Its growth plays an important part in the total GDP of the company. RIL's revenue and profit sources are as follows:

Oil and Chemical - 58.4% (INR 3,00,000 Cr)

Retail - 28.3% (INR 1,50,000 Cr)

Media and Others - 7.7% (INR 41,000 Cr)

Digital Service - 5.1% (INR 27,000 Cr)

Gas - 0.3% (INR 1,600 Cr)

Financial Services - 0.2% (INR 1400 Cr)

Reliance - Growth

RIL is one of the biggest industries in the world. Some of its recent growth is as follows:

Turnover of the company for the FY 2019-20 was INR 1,30,000 Cr.

Its turnover saw a spike of 88.7%.

RIL's EBITDA was INR 6,000 Cr.

Its income CAGR and EBITDA CAGR were 55% and 76% respectively in the last five years.

It has more than 10,400 retail stores all over India.

Their retail stores cover an area of 22 million sq. ft.

Their oil company saw the development of 3%, gas 8.1%, Gasoil 3%, stream fuel 9.1%.

Reliance Success - Future Plans

RIL is an industry that works in various sectors. Companies like Reliance have over 1000 plans for the future. They work on making the company better for both customers and the environment. Some of the upcoming plans of the company are as follows:

Open more retail stores in the country.

Become an environment-friendly company and work towards sustainability.

They have a long-term goal to convert themselves into a new energy company.

They are planning to amalgamate with several small businesses.

RIL needs to grow over its competitors in every sector.

Reliance Industries Limited - 50 Years of Legacy

So, this was all about Reliance Industries Limited. Reliance uses various strategies to advertise its business . They spend a good amount on publicizing and advertising their products. RIL is one of those few companies that is succeeding in almost every sector. Its journey and subsequent growth have been tremendous. Reliance is a trustworthy company and, they have built their goodwill through hard work and consistent performance.

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Ambani's Reliance Industries Limited - The Story Behind the Largest Indian Company

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How Mukesh Ambani Took Over-Reliance Industries & Topped $100B Valuation? Reliance is one of the largest corporations and most profitable companies in the world. It is a conglomerate company that operates in various sectors and is diversified in industries such as petrochemicals, fashion, entertainment, telecommunication, etc.

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Kunal Shah’s Brilliant Futuristic Startup Idea: CRED

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Kunal Shah’s Brilliant Futuristic Startup Idea: CRED

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Make credit card payment using “CRED” app and get reward is what kunal shah the founder of “CRED” is doing. See the success story of futuristic idea startup idea.

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How CRED Startup Founder Kunal Shah can Bring a Revolution in India?

CRED is an Indian finance startup based in Bangalore, Karnataka, started by Kunal Shah in 2018. The primary feature of CRED is that it allows users to make credit card payments using its app and rewards them for doing so. CRED later developed tools that allowed customers to pay their housing rent and provided short-term credit lines. CRED's business model and price have been slammed for being excessive and lacking a viable monetization strategy.

CRED Startup - Key Facts

CRED Startup Founder - Brilliant Kunal Shah

CRED is headed by Kunal Shah (Born in 1983), the company's founder and CEO. He is a businessman from India & holds a bachelor's degree in philosophy from Wilson College in Mumbai and a master's degree in management studies from Narsee Monjee Institute of Management Studies in Mumbai.

Kunal Shah - CRED Founder

Kunal Shah - Freecharge & PaisaBack

He's also the founder of PaisaBack and FreeCharge, among other businesses. PaisaBack was turned off to make room for FreeCharge. In October 2016, Kunal Shah departed FreeCharge.

CRED - Tagline

CRED came into the realm of internet advertising with a bang, with the tagline "Not Everyone Gets It." CRED is the official partner for three years with the Indian Premier League from 2020-2022. So you've probably seen the amusing advertising while watching an IPL match.

CRED - Attracting Users through Creative Ads

CRED ads are successfully attracting a wide range of consumers and industry professionals. To promote their innovative ads, the crew cast various well-known celebrities from the 1990s, including:

CRED has booked three funny commercials, one of which features these 90s celebrities, to stress how easy it is to pay with CRED. All of the advertisements are both visually appealing and informative.

CRED Startup - Business Model

There are various aspects to the company's business model:

CRED App CRED is a mobile application that allows you to keep track of credit card bills.

Advertisers Businesses that make offers using the app

Cardholders who pay their credit card bills

The CRED app is so well-designed that customers have no difficulty signing up and viewing the offers after paying their bills. Users use credit cards to pay their bills directly to the bank. Customers who use CRED, on the other hand, get additional advantages for doing the same thing.

CRED Startup Revenue Model

Offer Listing Fees CRED generates money by collecting a fee from a business's list of items and services available on the app. CRED collaborates with several different firms to bring consumers these deals. This allows visibility on the platform where individuals spend the majority of their time. CRED will receive more bids for exhibiting on various platforms as a result of this strategy. Consequently, it attracts an increasing number of visitors who sign up and pay their bills using CRED.

Data Monetization in Future CRED gathers your financial data when you pay bills and use the app to provide you with better offers in the future. For their credit cards, loans, and other financial goods, financial organizations constantly seek the most feasible consumers.

CRED Startup - Growth Numbers

CRED has become one of the most talked about startups in India, owing to the rapidity with which it has received funds in recent months, its increasing valuation, and the fact that it exclusively serves a small group of clients. According to certain controversy, the company will buy back $5 million worth of stock shortly.

Despite its substantial improvement, the company's sales have not kept pace.

CRED reported sales of barely Rs 52 lakh in FY2020, with interest earnings from fixed deposits accounting for the majority of the total.

Expenses increased by over 500 percent from Rs 63.90 crore in FY19 to Rs 378.39 crore in FY20.

The business had to spend almost Rs 770 in order to generate every single penny in sales, according to detailed calculations.

CRED has been compared by Shah to a rising community for the wealthy and powerful.

CRED will never aim to scale its customer base or reach out to hundreds of millions of people in this vision. Instead, the emphasis would be on gaining high-net-worth clients, of which India has tens of millions.

CRED Startup - Top Competitors

Top 10 rivals of CRED are:

CRED Startup - Future Plans

Auxiliary Services CRED has recently expanded its tentacles into auxiliary services such as establishing an eCommerce platform, the CRED Store, and CRED Pay, allowing customers to redeem reward points and get discounts across many online retailers.

Partnerships Following a trial project in which it tested the waters with merchants such as Vahdam Teams, The Man Company, Epigamia, and Man Matters, the startup is in the final stages of negotiating partnerships with BigBasket, Dineout, and ixigo.

CRED Pay CRED Pay is the way ahead for Cred, which will allow it to capitalize on its high-value and high-end customer base, which has an average credit score of 750. According to CRED, the latter few profited from higher customer satisfaction and larger basket sizes.

Intentionally Scarcity CRED is currently only available to those who have had their credit score checked. The gathering of this information suggests that the firm will use it for financial services in addition to its ecommerce endeavors.

Loan CRED is currently providing 48-month tenure loans with a 12-15% interest rate, which is the industry typical, through its partnership with IDFC First Bank.

CRED Startup: Funding & Investments

The startup has raised around $256.5 million in funding over the 5 funding rounds.

Founder's Words: CRED Objective

CRED's objective was straightforward "Rewards for credit card bills on time." It aimed to provide a foundation on which life might be made more superior and organized. The creator aimed to provide consumers with even more rights and perks due to their excellent credit ratings. The company's creator intended to concentrate on the others, those who pay interests.

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Kunal Shah's Brilliant Futuristic Startup Idea: CRED

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How CRED Startup Founder Kunal Shah can Bring a Revolution in India? CRED is an Indian finance startup based in Bangalore, Karnataka, started by Kunal Shah in 2018. The primary feature of CRED is that it allows users to make credit card payments using its app and rewards them for doing so.

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Ed-tech Startup Eupheus Learning raises Fresh $4.1 Million in B Round Funding

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Ed-tech Startup Eupheus Learning raises Fresh $4.1 Million in B Round Funding

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Eupheus a edtech startup where they offers solutions to school student’s problems. Founded in 2017 and now recently clocked 600M revenue.

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Eupheus Learning Startup - Squeezing Education Market to the Core

Eupheus Learning Ed-tech is a Delhi-based firm that aims at providing educational help to students in the K-12 segment & solutions for in-school and at-home learning needs. It pedagogically offers solutions that lead to deep thinking and achieving higher learning outcomes by providing solutions to home-learning and the private school sector of Pre-K to 12th class. Today, in this write up, we will deep study the right & left of this Ed-tech and try to understand its way to success.

"Inspiration and ideas are born when you notice the gaps between the needs and what is offered in a market" - said Sarvesh Shrivastava (The CEO of Eupheus learning)

Eupheus Learning - Startup for K-12

Eupheus Learning is a Delhi-based Ed-tech firm that aims at providing a bridge gap between school textbooks and at-home learning solutions. It was founded in June 2017 by the United Education Company. It specializes in k-12 curriculum, coding, E-learning, Senior School solutions, primary school solutions, ICSE and CBSE circulated textbooks, TOEFL, Atal Tinkering Lab, Digital Library, Fiction online books, Live Books, Digital Learning, Reading Program, Kinesthetic Learning, Digital Learning Resource, and Teacher Support.

Eupheus Learning - Key points

Company name: Eupheus Learning

Founded: June 2017

Founders: Sarvesh Shrivastava, Ved Prakash Khatri, and Amit Kapoor.

Headquarters: New Delhi

Type of Sector: Ed- Tech

Parent: Proficiency Learning Solutions Private Limited

Revenue: 600 million

Eupheus Learning Startup - Founders

Sarvesh Shrivastava - CEO and MD of Eupheus Learning Eupheus Learning was founded by Sarvesh Shrivastava who was a former employee at Britannica. He has also worked at Corning, Telecom Australia, NIIT, Pearson, and General Electric. He pursued his bachelor's and master's in Science degree from The University of Illinois. He has over 30 years of experience in this field and looks after the management of the company. Besides, he also looks after the production, development, technology, and administration

Ved Prakash Khatri - Co-founder and Director Ved Prakash Khatri is the co-founder and Director of Eupheus Learning. He has worked with Suman Prakashan, Ratna Sagar, and Oxford. He is a graduate from Lucknow University and has over 23 years of experience in the educational sales industry. He is in charge of looking up at the curriculum.

Amit Kapoor - Co-founder, Director, and CFO Amit Kapoor is the Co-founder, director, and CFO of Eupheus Learning. He has worked at NIIT, Centum Learning, Britannica, and Across World Education. He has a PGDM degree from T.A. Pai Management Institute, Manipal and has over 15 years of experience in this field.

Eupheus Learning's Founders (L-R): Ved Prakash Khatri, Sarvesh Shrivastava, Rohit Dhar and Amit Kapoor

Fun Fact: Most of the employees at Eupheus Learning are former employees at Britannica.

Eupheus Learning - Services

Eupheus Learning provides seamless end-to-end educational guidance for both in-class and at-home learning through their solutions, reference books, and learning materials. It provides solutions from Pre-K to 12 segments.

Products and Services provided:

Sanako(Finland): Language learning solution which is both provided offline and online means

Cubeto(UK): Coding program provided to eight-year-old kids

Fiction Express(Spain): Program for reading in the form o books

Wizefloor(Denmark): Interactive form of teaching in form of a learning program

Robogarden(Alberta, Canada): Gamified form of teaching coding which is done in a very fun manner i.e. through missions, journeys, adventures

Allied Publishers: Curriculum for ICSE and CBSE boards students

Eupheus Learning - Brand Name & Logo

Brand Name: It has been named Eupheus for making a huge difference in the educational sector. The word Eupheus is a Greek word that means "to seek knowledge".

Logo: The logo depicts a pencil with red and black stripes.

Eupheus Learning - Investors

Eupheus Learning is funded by over 4 investors:

United Education Company

Al Rayan Holding Company

Yuj Ventures

Sixth Sense Ventures

The most recent investors of Eupheus Learning are- United Education Company, Al Rayan Holding

Eupheus Learning - Funding

Eupheus Learning has fundraised over $8.4 million funds in about 3 rounds.

Eupheus Learning - Competitors

Note: Eupheus Learning's target is to reach 10 million students in India

Eupheus Learning Story - Achievements

It secured third position for the best training practices for the 8th Genius HR Excellence award in the year 2018.

It is regarded as the top 3 startup that has reshaped the educational industry in India.

It is has made a change in the educational techniques provided to kids.

It is regarded as one of the 20 most promising K12 tech solutions providers.

It has been featured in CNBC Awaaz for its inspiring growth story in the year 2018.

Note: Eupheus Learning goal is to provide educational solutions in a 21st-century manner.

Eupheus Learning Startup - Growth and Revenue

The company first started in the year 2017. During the first year, it was able to reach over 1800 schools and 1 million+ students.

In the second year, it doubled and it reached up to 3700 schools and 3.3 million students. It had a growth of about 15% in in-classroom and 60% in home learning. It has crossed over Rs. 60 crore in his second year of its operation

Eupheus Learning Story - Partnerships

Eupheus Learning - The 21st Century Learning Solution

It is a modern solution to this modern world. Eupheus Learning is one of the newest and easiest solutions to solve educational problems both in an online and offline form. Its exclusive and unique services have made the everyday hassle life of students easy. It is a 21st centuries learning solution that has been all across the globe. It has created a great impact on more than 10 million students in India and across the globe.

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Ed-tech Startup Eupheus Learning raises Fresh $4.1 Million in B Round Funding

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Eupheus Learning Startup - Squeezing Education Market to the Core Eupheus Learning Ed-tech is a Delhi-based firm that aims at providing educational help to students in the K-12 segment & solutions for in-school and at-home learning needs.

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Video Based Healthcare Startup Doctor Insta Raises $7 Million

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Video Based Healthcare Startup Doctor Insta Raises $7 Million

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Doctor Insta is a startup whichrecently got $7 million funding. Doctor Insta is an Indian telemedicine app that provides instant online medical aid and has more than 100 doctors.

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Doctor Insta - India's First "Video-Medicine" Platform

Doctor Insta is an Indian telemedicine app that provides instant online medical aid. With the help of this app, you can consult a doctor while sitting at home. Now, it has above 100 doctors on its platform. The Doctor Insta app is available in Google Play and supports iOS and Android devices. Today, we'll discuss the case study and analyze the business model of this startup.

Doctor Insta: Key Highlights

Legal Name: Doctor Insta Private Limited

Parent Organization: Doctor Insta Private Limited

Founded: Jul 30, 2015

Founders: Amit Munjal

Headquarters: Gurgaon, Haryana, India

Number of Employees: 36

Type of Industry: HealthCare

Investors: 3

Total Funding Amount: $7 M

Last Funding Type: Series B

Latest Deal Amount: $4 M

Known As: DealsKart Online Services Private Limited

Company Type: For Profit

Financing Status: Venture Capital-Backed

Website: www.doctorinsta.com

Doctor Insta Founders: Amit Munjal

How Doctor Insta Works?

Doctor Insta provides 24x7 services and also immediate access to the doctors through voice and video calls.

Also, in its app, it provides a chat feature. It offers the home delivery of medicines and diagnostic test reports, which you receive over the mails.

Within just 15-30 minutes, the patients can get consultation and treatment advice from the specialists.

Doctor Insta: The Beginning

Once Amit Munjal, the founder of Doctor Insta had a sprain on his ankle and had no one to help. So, he had to seek help from a telemedicine app based in the USA. He was quite impressed by the services of the application.

The Idea This had brought an idea that he can implement the same thing in India as well which will bridge the gap between the patients and the doctors. India's population is massive and there is also poor availability of doctors. So, this telecommunication medical aid can help millions with just a few taps and the healthcare will be just one call away or be right there at one's doorstep.

Startup: Inaccessibility to Doctors Even many people are inaccessible to the best doctors due to monetary or distance issues but with this app, they can be helped as well. This social requirement and the new and unique business plan had inspired Amit Munjal to introduce Doctor Insta which was launched in 2015.

Words by the Founder The Founder and CEO of Doctor Insta, Amit Munjal, said, "It helped me access a doctor from the convenience of my residence-saving time and money".

Features of Doctor Insta

You can get 30% OFF on your 1st e-Consultancy

On booking Diagnostic Tests, you can receive up to 60% OFF

On ordering medicines, you can receive up to 40% OFF

Get top-class doctors from reputed Institutions such as AIIMS, Fortis, Apollo, Max, PGIs, etc.

You can book an ambulance from a nearby hospital

You can look for personal health treatments near you in your surroundings

You can instantly connect or book an appointment with the health professionals

100% Satisfaction is guaranteed to you

Upon registration, you can get Rs. 200 INSTA CASH

Doctor Insta: Types of Services

Medical Doctors

Pediatricians

Dermatologists

Gynecologists

Diet & Nutrition Specialists

Psychologists & Psychiatrists

Sexologists

Homoeopaths

Doctor Insta: Mission & Vision

Doctor Insta focuses to build the consultation gap so that the patients can connect with the doctors in an emergency.

It aims to offer the best telemedicine services to help every individual to lead a healthy lifestyle increase the productivity level and decrease the rate of disease.

Also, it focuses on developing the operational capability of doctors.

Doctor Insta: Business Model

Unique B2C and B2B2C Models with 70% Gross Margin for Patients and Employers.

The consultation can be used on a basis of "pay-as-you-go", and the charge is Rs 440 for every consultation, or even you can avail of an annual subscription which charges Rs 2,500.

The subscription package offers a free 30-day trial period.

The user can add up to three-person at nearly zero cost in the subscription plan.

Doctor Insta: Expansion Plans

Doctor Insta registers above 4,000 consultations per day

There are above 1 million Doctor Insta users

Now, it has more than 500K application installations

It provides its services at a pan-India level

It joined hands with over 150 companies like Videocon, SRF, Muthoot Finance, American Express, Channel Play, and so on.

Doctor Insta had nearly Rs 6 Cr in funding in 2017-18

Doctor Insta: Funding

Doctor Insta has raised $7 Million in funding over 3 rounds. The latest funding was raised from a Series B round on Oct 4, 2017.

The List of the Investment Funding Rounds of Doctor Insta

The Competition of Doctor India

In the world of modernization and digitization, everything is just a few taps away and is available online. So, several healthcare platforms provide application-based healthcare to the ones in need.

The main competitors of Doctor Insta are

Doctor Insta 2020: 1 Million Consultations

The founder and CEO of Doctor Insta, Amit Munjal, said, "There are about one million allopathic doctors in India conducting about 50 million consultations every day. In two years, we want to acquire 2% of this market-one million consultations a day by 2020. The growth prospects are huge."

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Video Based Healthcare Startup Doctor Insta Raises $7 Million

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Doctor Insta - India's First "Video-Medicine" Platform Doctor Insta is an Indian telemedicine app that provides instant online medical aid. With the help of this app, you can consult a doctor while sitting at home. Now, it has above 100 doctors on its platform.

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Foxmula Startup - India’s First in - demand Up-Skilling Provider

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Foxmula Startup - India’s First in - demand Up-Skilling Provider

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Started in Rs 50000 now had clocked revenue of Rs 1 crore , See the full story of “Foxmula” startup that provides in-demand upskilling skill for students, graduates, and working professional with a job guarantee.

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Foxmula Startup : Creating a Revolution in the Skilled Job Market

Foxmula is developing a community-driven ecosystem that offers industry-focused training, global certifications, industrial internships, life-long networking, and job opportunities to students for exposure. Foxmula offers programs in Machine Learning with Python, Data Science with R, Deep Learning with Tensor Flow, Cloud Computing, Security Fundamentals, Web Development with node.js, and Advanced Web Development with 'react.js' in keeping with its founding goal of providing training to college students in the most in-demand and growing domains of the industry.

Note : Foxmula has partnered with multiple multinational corporations such as Microsoft, SAP, AWS, and IBM for better services.

Foxmula Startup - Key Stats

Foxmula Startup - Beginning of Idea

Ayush and Shubham, co-founders of Foxmula, were significantly inspired by mentors who responded to specific learning requirements and addressed their curiosity even during their early years. In addition, because of the teacher's unique teaching methods, they were more enthusiastic about certain subjects than others. That was the deciding factor.

Foxmula Startup - Founders Shubham & Ayush Bansal

Shubham Sharda and Ayush Bansal are founders of Foxmula. They are classmates from Ramaiah Institute of Technology (MSRIT). They both finished their engineering in information technology and came up with the idea for Foxmula in their Third year. They came up with the concept jointly and meticulously considered every detail to create the ideal platform.

Ayush Bansal and Shubham Sharda, co-founders of Foxmula

In Founder's Own Words :
"On a very early stage of life, we realized the requirement for making a move when things don't seem to be as per expectations. Our first venture, Inversion Consultancy (which is dedicated to providing all business backend assistance to clients, under a roof), made us realize that the biggest problem for organizations is the lack of skills and desirable talents among the youth. This is where Foxmula came into existence."

Foxmula Startup - Services Offered

Foxmula offers services for Students & Educational Institutes & is designed to make it easier to discover new areas for them.

Services for Students Through its Essential and Intensive Profile Building Programmes, Foxmula provides industry-oriented skills, worldwide certifications, events for intellectual growth, and exposure via industrial internships. It also provides Guaranteed Job programs with a pay-after-placement approach for students. It's further divided into Formula X and Formula Y -

Formula X - Guaranteed 4.5 LPA Job with No Upfront Fees The curriculum includes industry-standard examinations and exams, professional coaching from industry leaders and domain experts, resume writing and mock interview preparation, accent neutralization, personality development courses, and guaranteed job placement for 4.5 LPA at no cost upfront.

Formula Y - Internship Certificates & Student Training This program is designed for students who wish to master cutting-edge technology areas and pursue a rewarding career in new technologies. Its main goal is to build the students profile. Foxmula Y enables students to acquire and achieve globally recognized certifications from prominent IT companies such as Microsoft, SAP, AWS, IBM, and MSMEs, to mention a few.

Services for Educational Institutes Data Science, Cloud Computing, Web Development, Financial Modeling, Digital Marketing, and other cutting-edge are all covered by these three-tier programs.
Foxmula for Enterprises offers a win-win scenario for job seekers (through guaranteed job programs) and employers (via talent acquisition programs) by providing a variety of services.

Note : TecLabs, hosted by Tecnologico de Monterrey, Mexico, named Foxmula Startup one of the top 100 startups in Turkey and one of the top 9 Ed-tech firms.

Foxmula - Brand Name & Tagline

Name : The founders spent sleepless nights to develop a unique yet memorable name for their startup that would appeal to the company's core target audience of young graduate learners while also bringing the brand's voice to life.

Tagline : "The Smart Way"

Foxmula Startup - Revenue Model

17% Commissions - Foxmula X program's business strategy is commission-based. Once a student is placed after completing the Foxmula X program, it charges 17% of their annual salary. The curriculum for Foxmula Y is priced between INR 20,000 and INR 35,000, depending on the course material offered.

Flat Charge: The firm charges between INR 20,000 and INR 35 000 for Foxmula Y program, which includes 80-90 hours of rigorous live sessions and instruction from professional industry mentors. Internships with international companies are also part of this curriculum.

Note : In less than a year, Foxmula, bootstrapped with an initial investment of INR 50,000, has generated more than INR 1 crore in sales.

Foxmula Startup - Business Model

Foxmula is also expanding its program to train resources in the B2B sector, as re-skilling has become critical for B2B firms' resource optimization. The revenue is split into two categories.

The company spends 60% of its profit on trainer and employee wages, while the remaining 40% is set aside for research and development and business growth.

Fun Fact : Foxmula is a bootstrapped startup started with an initial investment of INR 50,000 by owners.

Foxmula Startup - Future Plan & Programs

Foxmula Z : The firm plans to launch Foxmula Z Program, based on onboard product-based businesses that will up-skill the workforce and recast their jobs. Its goal would be to train and improve current employee strength so that they are prepared for advanced work responsibilities and have new-age abilities to meet technological advancement demands.

New Way Teaching : It also intends to unveil a new teaching approach soon, which would decrease the need for rote learning, which is prevalent in India's educational system. This will be an exclusive, one-of-a-kind product, and Foxmula will seek a patent as soon as it is completed.

Foxmula Startup - Revolutionizing Indian Skill Market

So, this was all about Foxmula startup and their business model. The startup has also partnered with five foreign institutions to provide subject-matter expertise to students enrolled in the Foxmula Y program. The firm now employs 45 workers and clocked annual revenue of 1 Crore in 2020.

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Foxmula Startup - India's First in - demand Up-Skilling Provider

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Foxmula Startup : Creating a Revolution in the Skilled Job Market Foxmula is developing a community-driven ecosystem that offers industry-focused training, global certifications, industrial internships, life-long networking, and job opportunities to students for exposure.

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All About First 2021 Unicorn Company: Digit Insurance Startup

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All About First 2021 Unicorn Company: Digit Insurance Startup

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Digit Insurance is a insurance selling startup where they sell all kinds of insurance. Founded in 2017 and recently won a funding of $300 million.

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The Story behind Digit Insurance : The General Security Provider

Digit Insurance is an Indian general insurance and financial Startup which is based in Bangalore. It aims at selling several insurance policies like Health and Travel Insurance Policy, Bike and Car Insurance Policy, Commercial Vehicle Policy, etc. It is done through the online procedure and via partnership channels. Also, it is available during national holidays.

In September 2017, Digit Insurance had received authorization permissions from the Insurance Regulatory and Development Authority (IRDA).

Fun Fact : Digit Insurance is the 1st Indian Startup to join the Unicorn Club in 2021.

Key Highlights of Digit Insurance

Legal Name: Go Digit General Insurance Limited

Founded:2017

Founders: Kamesh Goyal

Headquarters: Bangalore, Karnataka, India

Number of Employees: 810

Investors: 4

Type of Industry: Financial Services and Insurance

Total Funding Amount: $224.5 M

Last Funding Type: Venture- Series Unknown

Total Funding Rounds: 5

Latest Deal Type: PE Growth

Latest Deal Amount: $300 M

Company Type: For Profit

Known As: Go Digit General Insurance

Financing Status: Private Equity-Backed

Website: www.godigit.com

Digit Insurance Founders - Kamesh Goyal

The Man behind Digit Insurance : Founder Kamesh Goyal

Kamesh Goyal is the Founder and the Chairman of Digit Insurance. He pursued B.A. LLB and completed his MBA from Delhi University. His career started as a manager at KPMG, India.

He had also worked as the Head of Asset Management and Group Planning and Controlling at Allianz Insurance. Even he was appointed as the Regional Chief Executive Officer and had former roles, i.e., the Chief Operating and General Officer there.

Expansion of Digit Insurance

Digit Insurance increased by 31.9%, gaining a premium of $186 million (April 20-Dec 20), and since the beginning, it has nearly 1.5 crores customers. It grew its empire by 30% in 2020.

Two major products helped in the company's expansion, COVID health insurance and fire insurance. This resulted in the immense development of Digit Insurance.

Due to the global pandemic situation, the industry is facing losses, and the interest rates are declining. Though the company suffered, health insurances were still bought by the customers due to the fear of COVID-19, which helped the stability of the company's growth.

Since the company received the IRDA approval, 94% of claims settled in the 16 months - 99.5% for domestic travel, 97% for mobile phones, 93% for international travel, 92% were for car insurance, and 91% for two-wheel vehicles.

Digit Insurance : Revenue Model

The revenue of Digit Insurance is produced from the premiums. Premium starts from Rs 786 for the Two Wheeler Insurance. If the vehicle faces any accident or damages, the company will be paying 80% advance payment to the garage, which the customer chooses, only if there are no nearby cashless garages. This will be in the case of a Commercial Vehicle Insurance Policy.

Digit Insurance - Funding and Investors

Digit Insurance has risen total funding of more than $179 million over the three funding rounds.

Business Model of Digit Insurance

Digit Insurance's Business Model focuses on launching several new products and services to obstruct the general insurance sector of India. It carries a general insurance license which permits it to sell health insurance items.

It also offers jewelry and mobile Insurances along with car and home insurance. The main goal of the company is to build profitable alliances with other organizations.

Achievements

Digit Insurance was rewarded the Asia's General Insurance Company of the Year 2019-2020.

It was also India's Top Startup on LinkedIn in 2019.

It received a 4.9 Facebook rating which means about 92% of the customers like the company.

Words by the CMO
The CMO of Digit Insurance, Mr Vivek Chaturvedi, said,
"We are once again honored and delighted to receive this prestigious award title of being the General Insurance Company of the Year. At Digit, our constant endeavor is to deliver the best customer experience with products that matter to our customers. And this recognition is a validation that we are on the right path of simplicity!"

Digit Insurance : Skyrocket Growth

Digit Insurance has an 87% growth from 2019 to 2020 in premiums. The customers' trust is already won, and along with the 1.4 crores of earlier customers, it is also expecting some new and good customer base.

Digit Insurance: Simplifying Health Covers

The main aim of Digit Insurance is to make insurance simpler and available for ordinary people. Even, it offers home and shop insurances which are much needed. Also, the company introduced a COVID-19 product, which is a fixed benefit cover for COVID-19. Via their Digit Group Illness Insurance product, they have been able to help 20 lakh Indian lives.

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All About First 2021 Unicorn Company: Digit Insurance Startup

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The Story behind Digit Insurance : The General Security Provider Digit Insurance is an Indian general insurance and financial Startup which is based in Bangalore. It aims at selling several insurance policies like Health and Travel Insurance Policy, Bike and Car Insurance Policy, Commercial Vehicle Policy, etc.

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Indian Design Mogul from Middle Class Family: Sabyasachi Collections

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Indian Design Mogul from Middle Class Family: Sabyasachi Collections

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Read the success story of one of the finest fashion designer Sabyasachi Mukherjee who came from small middle class Bangladeshi family and how he became Bollywood’s Favorite attributor.

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Celebrities' Favorite Fashion Designer: Sabyasachi Mukherjee Journey

Sabyasachi Mukherjee, an Indian fashion designer, retailer, couturier, and jewelry designer, was born on 23rd February 1974 in Kolkata, India. He is an Associate Designer Member of the Fashion Design Council of India and the National Museum of Indian Cinema's youngest board member. He has designed costumes for films like Guzaarish, Baabul, and Laaga Chunari Mein Daag in Bollywood, Raavan, and English Vinglish.

Sabyasachi's Life before Career

Sabyasachi was born into a middle-class Bengali family, and his parents are Bangladeshi. His father emigrated from Bangladesh to India as a refugee. Mukherjee went to the National Institute of Fashion Technology (NIFT), India, for his graduation.

Occupation: Fashion Designer

Born: 23rd February 1974

Native Place: Kolkata

Nationality: Indian

Spouse: Single

Children: None

Sabyasachi Mukherjee Depression

"I was depressed and tried to kill myself. I was unconscious, and my mom slapped me. Depression is as common as the common cold. If you're not depressed, you're not normal, "said Sabyasachi in India today. Sabyasachi confessed in 2017 that he was a victim of depression when he was a teenager and that he found his coping mechanism through radical clothing choices. He even tried but failed to commit suicide.

"Mental Health in today's day and time, with this hurried speed of life, is becoming more pronounced, and people need to realize that it is not anything to be embarrassed about or afraid of since it is pretty normal," he adds at a design event. And we simply have to deal with it as normally as possible. "
According to Mukherjee

Sabyasachi Mukherjee's Career Timeline

1999 - 2001: Young Designer Award Sabyasachi graduated from India's National Institute of Fashion Technology in 1999 and launched his namesake business a few months later with just three staff. Mukherjee earned the Femina British Council's Most Outstanding Young Designer of India award in 2001, which sent him to London for an internship with eccentric designer Georgina Von Etzdorf. Sabyasachi began selling his products in all of India's significant retailers after his return.

2002 - 2004: Best Shopping Destination Mukherjee received a lot of media attention after participating in the Indian Fashion Week in 2002. In 2003, he won the "Grand Winner Award" at the Mercedes Benz New Asia Fashion Week in Singapore, marking his first international triumph. This stage led to a workshop with Jean-Paul Gaultier and Azzedine Alai in Paris.
Sabyasachi's The Frog Princess collection, which debuted at Miami Fashion Week in 2004, introduced the boho aesthetic to Indian fabrics. His brand was also named the Best Shopping Destination in the World by Vogue, cementing his position as one of the most promising young designers in the industry for years to come.

2005 - 2006: Worldwide Recognition He debuted The Nair Sisters in 2005, a spring-summer collection inspired by hand block printing, embroideries, bagru patterns, and the heavy use of cotton. His creations were invited to be shown at the famous Oxford University yearly black-tie charity dinner fashion show.
Sabyasachi's inaugural Spring Summer collection 07 at New York Fashion Week in 2006 received critical praise, and his label began to sell internationally. He is the first Indian fashion designer who has participated in all three major fashion weeks: New York, Milan, and London.

2007 - 2012: Exclusive Jewelry Sabyasachi attended the New York and London Fashion Weeks, as well as Bridal Asia 2007, Lakme India Fashion Week, and the Vogue Launch in India in 2007. Sabyasachi created a collection of jewelry entirely designed by him in 2008, following a series of spectacular presentations in collaboration with the GAJA brand. The collection made its debut at the 2016 Vogue Wedding Show. Mukherjee designed a calendar in 2012 for which Bollywood actress Neha Dhupia dressed up as Mexican painter Frida Kahlo.

2015 - Present: Collaborations At Amazon India Couture Week, Sabyasachi Mukherjee partnered with Christian Louboutin, French luxury footwear and apparel designer, for his Autumn-Winter 2015 collection. During the presentation, 80 pairs of shoes for men and women were on display, all embroidered with Sabyasachi workmanship and embellished with hand-placed sequins. The designer collaborated exclusively with Bergdorf Goodman, New York, on handcrafted fine and bohemian jewelry from January to March 2020.

Sabyasachi Collection USP: Bridal Wear and Cultural inspiration

Sabyasachi is particularly well-known for his Indian bridal wear. His design concept is "personalized defects of the human hand," and he considers clothing to be only an extension of one's brain. Deserts, historical textiles, and cultural traditions are his major sources of inspiration, and he employs uncommon materials, texture and detailing, a fusion of styles, and patchwork with brilliant color decorations. His collections are described as "international style with an Indian spirit."

He also creates handcrafted bridal gowns and draws inspiration for his clothing from the outside world, such as exotic, indigenous ethnic European art. He was the first to employ high-end luxury Indian textiles in a modern environment. His contribution was to employ traditional processes like bandhani, gota work, block-printing, and hand-dyeing in the building of contemporary shapes.

Sabyasachi and Bollywood

Movies Sabyasachi made his debut as a costume designer for Sanjay Leela Bhansali's film Black. He received a lot of praise for the picture, including a National Award for Best Costume Designer for a Feature Film in 2005. Sabyasachi had an appearance on the NDTV Good Times program Band Baaja Bride in 2012. Sabyasachi worked on costumes for films such as

Baabul,

Laaga Chunari Mein Daag,

Raavan,

Guzaarish,

Paa,

No One Killed Jessica,

English Vinglish.

Black

Celebrity Weddings Sabyasachi created the full line of 18 handwoven sarees for actress Vidya Balan's wedding. Not only Vidya, celebrities like Anushka Sharma and Virat Kohli, Deepika Padukone and Ranveer Singh, Nick Jonas, and Priyanka Kapoor Jonas got their wedding dresses designed by Sabyasachi.

Sabyasachi: Awards and distinctions

Best designer of Hindustan at the MTV Lycra style awards

Society Achievers award for the Best New Indian Designer

Only Indian designers requested to showcase at Italy's indigenous showcase Milan Fashion Week 2004.

Voted by Asia Inc. as one of the ten most influential Indians in Asia.

Store locations

Limited editions of the brand are available from merchants in India, as well as international shops in California, Atlanta, London, and Dubai. In India, the brand's flagship shops are located at:

Sabyasachi: Iconic Indian Designer

From gaining worldwide recognition to becoming one of the most trusted designers in India, Sabyasachi proved that not even depression could stop him from becoming an icon.

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Indian Design Mogul from Middle Class Family: Sabyasachi Collections

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Celebrities' Favorite Fashion Designer: Sabyasachi Mukherjee Journey Sabyasachi Mukherjee, an Indian fashion designer, retailer, couturier, and jewelry designer, was born on 23rd February 1974 in Kolkata, India. He is an Associate Designer Member of the Fashion Design Council of India and the National Museum of Indian Cinema's youngest board member.

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Innov8 Startup – Why Oyo Acquired Co-working Firm for $30Million?

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Innov8 Startup – Why Oyo Acquired Co-working Firm for $30Million?

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Innov8 is a co-working space provider which got recently acquired by Oyo for $30 million. Innov8 was started in New Delhi and has since grown to over thirteen locations around the country.

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Innov8 Startup - India's First Coworking Space Business Model Pioneer

Innov8, a premium co-working space provider, has recently established itself as a top co-working space brand in the Indian startup sector. India is the world's third-largest startup cluster, necessitating the need for an appropriate workplace.

Innov8 co-working space is now assisting entrepreneurs and freelancers by providing an ergonomically designed workspace that has been specifically curated for improved work-life balance.

Innov8 Co-working Space - Culture of Sophistication

Innov8 began with a single center in CP, New Delhi, and has since grown to over thirteen locations around the country. Dr Ritesh Malik launched the real estate firm in 2015 as part of his contribution to developing co-working centers to help India's startup community expand.

The company claims to have signed up over 19 companies as members, with a 95% occupancy rate across all of its locations. Vice Media, RBL Bank, NDTV Good Times, and Swiggy are among its well-known clients.

Note: In March 2019, the hospitality giant Oyo purchased Innov8 for Rs 220 crore.

Innov8 Co-working Space - Key Stats

Innov8 Startup - Services

Innov8 co-working space offers several services through its real estate firm, including:

Dedicated Desks

VAS- Lifestyle Services

Meeting/Conference Rooms

Event Spaces

Private Offices

Hot Desks

Flexi Pass

VAS- Professional Services

Experience Pass

VAS- Add ons

Innov8 Co-working - Founder Ritesh Malik

Innov8 Co-working - About Founder Ritesh Malik

Dr Ritesh Malik is an entrepreneur and investor from India. In India, he leads a virtual Startup Accelerator, where he is actively investing in and mentoring 11 startups in various industries. He was the founding investor and mentor of FIN ROBOTICS, the first Indian hardware business to raise Series A venture capital. He is the founder of Innov8 & is a doctor by profession and a graduate of Tamil Nadu's Dr MGR Medical University.

Note: Even after the Oyo acquisition, the company's founder Dr Ritesh Malik is leading the Innov8 Co-working.

Ritesh Malik - Education & Personal Life

He received his medical degree from a rural medical institution in Theni and completed his internship at Ganga Ram Hospital in Delhi. His father is a pediatrician, and his mother is a gynecologist, both of whom are doctors. Radix Healthcare, a secondary healthcare facility in Delhi, was founded by them. He also spent a semester at Harvard University and a short period at the London School of Economics.

Inno8 Co-working Space - Beginning of Idea

In 2012, Malik was working with another startup and discovered how difficult it was to find a pleasant office environment that allowed his employees to be productive and happy. Moving forward, Malik chose in 2015 to make it happen by investing in startups and continue his entrepreneurial career. Together with his co-founder Shailesh Gupta, who was returning to India from Silicon Valley, they established a space in Delhi where businesses may feel at ease to work, grow, and network with like-minded people.

Innov8 Co-working Space - Expansion

Innov8 has an extensive network of more than 190 clients,

Clients include RBL Bank, food delivery giant Swiggy, and Vice Media, to mention a few.

Sitting capacity of 6000+ personnel all over India;

Operates in more than 13 cities of India

Its centers are equipped with amenities such as nap rooms, rooftops, entertainment facilities, refreshments, and printing services.

Has a 95% occupancy rate across all of its locations

Innov8 Co-working Space - Investors

The co-working space giant has acquired a number of funding from several investors, including:

Vijay Shekhar Sharma, Founder of Paytm;

Anand Chandrasekaran, Facebook's Global Director of Platform and Product Partnerships, and

Girish Mathrubootham, Freshworks Founder and CEO of Freshworks,

Rajan Anandan, Head of Google India;

Note: Innov8 has got total funding of $4Million with its Series A round in 2018.

Innov8 Co-working Space Startup - Business Model

Innov8 delivers attractive and intelligent co-working spaces to help the startup environment and the country's merging freelancer culture. It has been founded on the fundamental value of creating world-class products at a superiorly value-conscious price with top-notch service since its inception. This is currently the company's most important asset. The company is primarily focused on scaling its business model in order to better aid in the integration of more verticals into the country's shared economy arena.

Innov8 Co-working Space - Competitors

Currently, many players have entered the co-working market & the competition is now tight among them. Some of the top competitors for Innov8 are:

Innov8 Startup - Co-working as a Concept

Co-working began as a concept in 1995, with the establishment of WeWork, the world's largest co-working space, following which the concept of co-working began to be adopted by certain significant market participants.

With the ever-increasing demand for co-working space in India, Innov8 is destined to expand. Even giant corporations and conglomerates are interested in entering the co-working space market. Because of its flexibility, design, facilities, and ideal co-working locations, co-working encourages workers to be more creative and productive.

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Innov8 Startup - Why Oyo Acquired Co-working Firm for $30Million?

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Innov8 Startup - India's First Coworking Space Business Model Pioneer Innov8, a premium co-working space provider, has recently established itself as a top co-working space brand in the Indian startup sector. India is the world's third-largest startup cluster, necessitating the need for an appropriate workplace.

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Tracking & Analysis Website Fullstory Raises $32Million Funding

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Tracking & Analysis Website Fullstory Raises $32Million Funding

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Fullstory startup tool is a blessing for ecommerce websites owners. The software tracks & analyzes customer experiences to improve the UI/UX.

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Fullstory Analytics: One Stop Tool to Customer Experience & Tracking

Every company needs to maintain an online presence to grow its business. But making a robust online presence is not easy. However, if you know the right analytics about the customers, you can improve your digital presence. Fullstory can come in handy for this purpose. Fullstory provides the full story of your business's online presence and interaction. In this article, we will study the startup story of this innovative company, Fullstory.

Fullstory : Introduction

Fullstory is a unique startup that helps businesses to get answers to questions based on customer's interaction with their websites. It is a Subscription-based service that aids a company in Optimizing its customer's digital experience. This is done through a powerful analytic engine that sorts all the digital interactions of a business. Through this collected information, companies can devise policies for enhancing user experience.

Fullstory Startup : Know Your Customer's Experience

We can call it a bit similar to Google Analytics. But additionally, Fullstory gives the customer company a complete insight into the activity of their page. It includes the clicks on the website, the number of page transitions, buttons pressed and much more. It also records any bad customer experience so that the company can improve it.

Fullstory Startup : Founders

The credit of establishing Fullstory goes to Scott Voigt, Joel Webber, and Johnson. Scott Voigt is an MBA graduate from The Wharton School of the University of Pennsylvania. The three became friends while working in a startup. But the startup was later acquired by Google. Their experience at Google helped them in getting insights into a successful company's efficient management.

FullStory founders Bruce Johnson, Scott Voigt and Joel Webber

First Failed Company : Learnings

But In 2012, they decided to quit Google and work on a startup based on marketing collaboration. When asked about leaving Google, Scott revealed that the reason was not any particular product but the trio's desire to start a company. After quitting Google, the three friends then decided to launch a marketing collaboration company named Homebase. Although the idea was strong, they failed to get regular customers.

Full Story : Funding & Investment

Fullstory has received investments from Google Ventures, Stripes Group, and Accel.

The startup also received seed funding from Tom Noonan, a cybersecurity expert.

Fullstory has also received series A investment of 10 million Dollars from Salesforce Ventures and 15 Million Dollars in series B funding from Kleiner Perkins Caufield & Beyers.

Full Story Competitors

Fullstory faces stiff competition from:

Hotjar (founded by David Darmania).

Clicktale

Mouseflow

Quantum Metric

Turkcell Group

Sitel.

Fullstory Startup: Achievements

Fullstory has created a fan following of 3.2k Facebook fans and 4.47k Twitter followers (as in Jan 2021).

Almost 120 companies like Stack share, Travelperk, Yousign, Flexport, Superchat, etc., use Fullstory for getting complete insights about their website.

The Fullstory has integrated various popular tools like Google Analytics, Trello, New Relic, Google Tag Manager, Slack etc.

Fullstory Startup: Strengths & USP

Free demo The startup gives a free demo to its customers. This helps them get prospective customers, and when these free demo users like the services of Fullstory, they become regular customer of the startup. This technique allowed the startup a lot in getting customers.

Teamwork and commitment The three are known for an excellent bonding and a focused and highly committed approach towards their work. All these traits helped them to make Fullstory a successful startup.

Good packages to employees Fullstory offers good packages to its employees like Google. The package includes health and dental benefits, six-week parental leave, a flexible vacation policy, and much more. This motivates the employees to put in their best efforts in the startup's growth.

'Hug it out' standup meetings The makers believe in analyzing the present growth and lacunas to get long term growth. So to do the same, the company hosts a 'Hug it out' afternoon standup meeting. The employees discuss the current figures on the number of customers, quarterly goals, the progress and areas for improvement. This helps the company to streamline its goals and make improvements.

Customer feedback Fullstory gives a lot of value to customer experience and feedback. Scott had once told in an interview that user experience is of utmost importance for any business. He elucidated his point by saying that even good marketing can't overcome a bad customer experience.

Huggers' Team Fullstory employs a unique team for providing customer support called the 'Huggers team'. They answer every customer question, reply to customer comments, look into troubleshoot issues, and provide feedback to engineers to ensure a perfect customer experience. In this way, they make the brand reliable and grow their customer base.

Challenges for Fullstory

Challenges are an inseparable part of any successful business. Similarly, Fullstory also faces particular challenges that it has to overcome.

Retaining Customers With the growing number of competitors in the market offering the same product, there will be a challenge of retaining and attracting customers.

Retaining Quality The second challenge is to improve its current standards. Scott says that the main challenge is not about what they should make but what they should not make in their product. This is because any wrong feature can seriously affect their overall quality.

Retaining Good Team The third challenge is to get experienced engineers and a workforce. As they look for high standards in their workforce, it becomes challenging to get great candidates per their requirements.

Fullstory Startup: Strategic Product

Fullstory's startup story reveals that even a sudden idea can become a successful startup if you put in your efforts and hard work. The growth of Full story inspires everyone to work on minute aspects of a business. Interestingly, the company not only grows itself but helps the customer companies to grow. The company faces specific challenges but devises an excellent strategy to solve the same.

To conclude, one must learn from the unique features of Fullstory and inculcate them in their business to grow their business.

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Tracking & Analysis Website Fullstory Raises $32Million Funding

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Fullstory Analytics: One Stop Tool to Customer Experience & Tracking Every company needs to maintain an online presence to grow its business. But making a robust online presence is not easy. However, if you know the right analytics about the customers, you can improve your digital presence.

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How Bangalore - Based Licious pulled 500% Growth in Just One Year?

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How Bangalore - Based Licious pulled 500% Growth in Just One Year?

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India’s first meat delivery service provider startup “Licious” has shown significant growth in one year only over 500%.

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Food Startup Licious - Successfully Cracking the Non-Veg Way

Licious is a Bangalore-based company that offers a varied range of non-vegetarian for its customers and has been a boon for all meat lovers. If you are a non-veg lover, you are surely going to love the idea of this company. They deliver fresh meat, chicken, fish, seafood to your doorsteps within few hours. The startup was founded by Abhay and Vivek who came with the idea to organize this market with the concept of - India deserves better meat. Today, the write up will put forward the Licious startup story to understand its business model & other important aspects.

Fun Fact: Almost 95% of the meat industry is unorganized, full of unhygienic markets, stench, and filthy.

Licious Startup Idea - Indian Deserves Better Meat

A lot of people believe that India has a maximum population of vegetarian people. But it's wrong. In India, more than 73% of the people are non-vegetarian who eat meat, seafood, etc. The idea behind this company is to organize the non-vegetarian industry of the country.

The founders wanted to bring a change in this industry, making it hassle-free for the customers.

Licious Startup - Key Points

Start-up Name - Licious

Headquarters - Bangalore

Founded - September 2015

Industry - E-commerce and Food Beverages

Founders - Vivek Gupta and Abhay Hanjura

Revenue - 133 million-plus

Total Funding - $286.5 million

Website - licious.com

Licious Startup - Founders and Team

Licious got founded by Vivek Gupta and Abhay Hanjura.

Vivek Gupta : Vivek Gupta is a Chartered Accountant by profession and completed his B.Com from Punjab University. He worked as a Corporate Finance Manager for Tavant Technologies and as a Finance Controller for Helion Ventures before founding this company.

Abhay Hanjura : Abhay Hanjura started working as a Deputy Manager at India Insure Risk Management Services. He also worked as a head of Business Intelligence for Futurisk Insurance Broking Pvt. Ltd. Abhay worked as a campus ambassador of Infosys.

Licious Startup - Founders

Licious Startup Business Model - Farm to Fork

Licious works on the farm to fork business model. They handle the entire chain, from owning the back-end supply chain and the cold storage to managing all the deliveries. They procure, store, and deliver it to their customers. The company has over 4000 supplies and claims to handle more than a million orders per month. They deliver within 90 to 120 minutes and, the customers can also book their slots for delivery.

They keep a check on the freshness and quality of their products as customer loyalty is their prime focus.

Licious Startup Growth - 500% in One Year

Licious has seen business growth of 500% in the past year. Almost all the products saw a significant hike in their sale. The ready-to-eat and ready-to-cook categories contributed a lot to the revenue of the company.

90% of their customers went for a re-order.

Basket size also grew by 30%.

They have added two million new and unique customers.

They have catered to a large customer base in the last few months.

The lockdown months have also been fruitful for the company as it made all the customers shift here.

The average price of the products is INR 700.

The company collected revenue of INR 1.47 crores in the first year.

In the financial year 2019-20, the gross income of Licious rose to INR 180 crores.

Licious Startup Story - Funding and Investors

Licious rose a funding of USD 286.5 million to date. Some of its investors are as follows:

) Series F Round - $192 million, Multiples Alternate Asset Management, Vertex Ventures, Brunei Investment Agency, In 2021

) Series E Round - $30 million, Vertex Growth Fund, Nichirei Corp, 3one4 Capital, Vertex Ventures Southeast Asia and India, Bertelsmann India Investments, Sistema Asia Fund, In 2019

) Series D Round - $25 million, Nichirin, Bertelsmann India Investment, 3one4 Capital, UCLA, Vertex Ventures Southeast Asia and India, Sistema Asia Fund, In 2018

) Series C Round - $25 million, Bertelsmann India Investment, UCLA, Vertex Ventures Southeast Asia and India, Sistema Asia Fund, InnoVen Capital, In 2018

) Series B Round - $10 million, 3one4 Capital, Neoplux technology Fund, Mayfield Fund Sistema Asia Fund, In 2017

) Series A Round - $3.5 million, Mayfield Fund, 3one4 Capital, In 2016

) Seed Round - $1million, T.V Mohandas Pai, Entrepreneur Kanwaljit Singh, Manipal Global Education Private Services, In 2015

Licious Starup - Benefit from Pandemic Situation

Contrary to what the pandemic has done to most companies (especially start-ups), Licious has benefited from this pandemic. All the shops got shut due to the lockdown. Most customers had to shift to this online alternative and Licious delivered fresh meat and seafood to the doorsteps of its customers.

Licious Story - Competitors

There's competition in every field. However, Licious is one of the first entrants in this industry; it still has a lot of competitors. Some of the competitors of the company are as follows:

Licious Startup Challenges

No matter what you do, you will have to face challenges at every step. Some of the challenges faced by the company are as follows:

) Competitors - Competitors are in every sector and, this is why customers get a benefit. Licious also has a few customers who are ready to give this company competition in the coming year. Licious will soon have to come up with a proper plan to overcome this challenge.

) Local Vendors - Many people in the country still prefer the traditional way of buying non-vegetarian items. They have a belief that buying these things online will not match the quality. It is why street vendors are competing with the company. Licious will have to come up with new strategies and marketing plans to attract their offline customers.

Licious Story - Future Plan

Licious has seen significant growth in the past two years. They currently operate across 14 cities all over the country, namely, Bangalore, Delhi, NCR, Hyderabad, Kochi, Kolkata, Chennai, Chandigarh, Pune, Mumbai, Jaipur, Coimbatore, etc. They are planning to expand to ten plus cities and also a global expansion.

Licious Startup - Pioneer Meat Marketers

Licious is one of the first entrants in this sector and, it is getting the benefit of that. The company is working hard to deliver the best quality products to its customers. The best part is that they have good reviews and, most of their customers go for a repurchase. Licious has outperformed itself and, the company is only going to grow in the coming future.

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How Bangalore - Based Licious pulled 500% Growth in Just One Year?

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Licious is a Bangalore-based company that offers a varied range of non-vegetarian for its customers and has been a boon for all meat lovers. If you are a non-veg lover, you are surely going to love the idea of this company. They deliver fresh meat, chicken, fish, seafood to your doorsteps within few hours.

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How Gaming Bot Startup Discord is Planning to Lead the Market with Innovation?

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How Gaming Bot Startup Discord is Planning to Lead the Market with Innovation?

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A startup that is currently valued at over $7 billion which was launched in 2015 as a community-based building platform, read the success story of “Discord”.

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Discord - Gaming Chat Startup Hits $7 Billion Market Valuation after Funding

Discord is a community-building platform publicly released in May 2015 that combines VoIP, instant chat, and digital distribution. The firm connects users in private conversations or as part of "servers" via voice calls, video calls, text messaging, media, and files when playing video games. Discord began as gaming chat software and has since grown in popularity. However, users began to find non-gaming uses for the platform, prompting Discord to make a few adjustments.

Discord is compatible with Windows, Mac OS X, Android, iOS, Linux, and web browsers. Discord's open-Bot friendly ecosystem is one of the most critical differentiators that make it the go-to software for video games.

Fun Fact: Discord secured $20 million funding in January 2016 from Warner Media.

Discord Startup - Key Stats

Startup Name - Discord

Developer - Discord Inc.

Headquarters - San Francisco, CA

Industry - Social Media, Gaming

Founded - May 13, 2015

Founders - Jason Citron and Stan Vishnevskiy

CEO - Jason Citron

Area Served - Worldwide

Website - www.discord.com

Discord Startup - Features & Working

Screen Sharing: You can converse, view videos, and, of course, play games via the screen share feature of Discord. You can also participate in voice conversations.

Inline responses: Users can reply to someone straight on their text channel by hitting a message. This improves conversation flow, and firms that wish to react to consumers inquiries would profit from it.

Noise Cancellation - When you're speaking with someone, do you ever hear those awful chewing sounds in the background? With the most recent update, that's no longer the case. This functionality may be found in the voice channel.

Transparency: Discord allows community users to view your server's rules before joining.

Note: In 2018, Microsoft announced that Xbox Live users could link their Discord and Xbox Live accounts, allowing them to communicate with their Xbox Live friends list through Discord.

Discord Startup - Beginning of Idea

Stan Vishnevskiy and Jason Citron came up with the idea for Discord. Initially, they only sought a means to communicate with other gamers. However, Discord has over 100 million monthly active users, and it shows no signs of slowing down. Citron states:

"He saw how tough it was for his team to work out techniques in games like Final Fantasy XIV and League of Legends using accessible voice over IP (VoIP) technologies throughout the development process".

As a result, a chat service emphasizing user interface and minimum performance effect were created.

Discord Startup - Founders

Discord, founded in May 2015 by Jason Citron and Stan Vishnevskiy, is still the most popular software for gamers to communicate.

Jason Citron : Jason Citron also founded OpenFeint, a social, mobile game platform. It was sold for US$104 million in 2011, which he used to establish Hammer & Chisel, a game production firm in 2012.

Stanislav Vishnevsky : Stanislav Vishnevsky had also founded Guildwork, another social gaming platform.

Discord Startup - Founders

Discord Startup Target Audience - Reddit Gaming Groups

Discord took no particular steps to target any one demographic, but certain gaming-related subreddit groups rapidly began to replace their IRC links with Discord links. Discord has become popular among E-sports and LAN tournament players. Relationships with Twitch streams and Diablo and World of Warcraft Reddit groups benefitted the firm. The possibilities are almost limitless, from huge business meetings to job recruiting, from live karaoke nights to virtual wedding celebrations. The services offered by their platform are increasingly attracting more consumers outside of the gaming sector.

Discord Startup - Logo & Tagline

Tagline - "Your Place to Talk"

Mission : Discord stated in June 2020 that it would move its focus away from video games and toward a more all-purpose communication and chat client for all purposes, with a new motto, "Your place to talk", and a redesigned website.

Logo : The most common perception of Discord's logo is that it resembles a game controller with a face. But according to its Twitter account, it's actually a lovely Bot named Clyde

Discord Startup - Funding & Investors

Discord was started back in 2015 as a gaming bot startup and has received funding from 18+ investors in over 10 rounds. With a total investment inflow of $479.3 million, Discord secured its latest funding in December 2020 by Index Ventures & Greenoaks Capital. Here are the complete investment details about the startup:

Discord Startup Business Model - $10 Premium Service

Advertisements and the sale of user data are not authorized on Discord. It has relied on financing money until recently, and it has no plans to charge customers to use the app in the future. Discord's Basic service is available for free. However, you can upgrade to Nitro for $10 a month, which includes additional features like unique emoticons, higher-quality video for streaming gaming screens, and bigger file-upload limits.

Discord Startup - Revenue & Profit

Discord has more than 140 million monthly active users and 300 million registered members. Nitro, Discord's premium upgrade bundle, accounts for nearly all of the company's revenue.

In 2020, Discord made $130 million in sales, up 188% from the previous year.

Amazing Fact: Discord is valued at over $7 billion in 2021, doubling in value in less than a year.

Discord Startup - Mergers & Acquisitions

Discord Startup Challenges - Spam & Bully Users

One of Discord's most important challenges is that it provides users with anonymity, allowing them to engage in "anything goes" behavior. Technically, anyone from anywhere may build "servers," which are essentially chat rooms. Unfortunately, young audiences may be exposed to explicit content or be bullied as a result of this.

Steps Taken: Discord has already suspended over 133,000 accounts due to spam content such as indecent images posted without permission or two minors trading personal photos.

Discord Startup - Partnerships with Giants

Discord has a high potential to help companies and the community flourish. Several brands have found success using Discord. Some instances are as follows:

Adobe's Discord community & users can obtain feedback, ask questions, and discover commissions

Newegg has a Discord channel where you can find new deals and receive answers to your questions.

Stream Labs, a company that makes streaming software and solutions, also has a Discord account. Its Discord servers include lessons, general conversation, and a variety of other features.

Discord Startup - Competitors

Discord started as a gaming chatbot but has grown exponentially now. The firm has market competition from the following companies:

Discord Startup Future Plans - Making an All-Rounder Platform

Discord promises to advance and improve its services by adding features such as guided bots, meme bots, bots that gather player information, and more, making it an entertaining platform for users to engage on. Only the founding team's in-depth understanding of the gamers' psyche and insight into industry trends allowed this to happen.

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How Gaming Bot Startup Discord is Planning to Lead the Market with Innovation?

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Discord - Gaming Chat Startup Hits $7 Billion Market Valuation after Funding Discord is a community-building platform publicly released in May 2015 that combines VoIP, instant chat, and digital distribution. The firm connects users in private conversations or as part of "servers" via voice calls, video calls, text messaging, media, and files when playing video games.

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Healthify Startup Touches $500M Market & Plans Global Expansion

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Healthify Startup Touches $500M Market & Plans Global Expansion

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Healthify is a bangalore based health-tech app that transforms people’s lives through health tracking & counseling. It was founded by Tushar Vashist in 2012 and raised around $75M in 2021.

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Bangalore-based HealthifyMe is Helping Millions through Health Help

HealthifyMe is an Indian digital health and fitness platform that allows users to track health related factors, such as, diet, calories, & nutrition. It allows its users to have one-on-one fitness coaching by planning their workout routine. The app is available for both Android and iOS users. Having a healthy and fit body is something that everyone wants. But it is not easy to achieve your fitness goals. It is where this unique startup enters. Let's get to know the journey of this Health-tech app that is helping millions of people to reach their fitness goals.

Fun Fact : HealthifyMe offers premium subscriptions to their users that help them in choosing certified trainers, nutritionists, & yoga coaches.

HealthifyMe Startup - Key Points

Startup Name - HealthifyMe

Headquarters - Bangalore, Karnataka, India

Founded - 2012

Founders - Tushar Vashist, Mathew Cherian, Sachin Shenoy

Sector - Health and Wellness

Area Served - Worldwide

Revenue - INR 182 crores (As of March 2021)

Parent Organization - HealthifyMe Wellness Private Limited

Website - www.healthifyme.com

HealthifyMe Startup Story - Founders

Tushar Vashist Tushar is a graduate of the University of Pennsylvania and worked as an Investment banker. He also worked for the Government of India for almost two years. Tushar is the CEO of the company and a passionate musician by hobby.

Sachin Shenoy Sachin Shenoy is a coder by profession and an ex-employee of Google. He has experience of over fifteen years and, he is currently the CTO of the company.

Mathew Cherian Mathew Cherian left the company in 2013 (soon after its incorporation).

HealthifyMe - Founders

HealthifyMe Story - Logo and Brand Name

Brand Name: HealthifyMe's brand name resonates with their work and, they do what they are signifying.

Logo: Their brand logo is in red color that explains passion, energy, and desire.

HealthifyMe Startup - Products and Services

The services provided by the app are as follows:

Lifestyle Tracker - This is one of the first calorie trackers in India. It helps their users to count the calories and lose them accordingly.

Social Feed - This allows the users to find people having the same fitness goals as them. You can train together if you want to or, you can discuss your issues.

Tech Augmented Coaching - This is the most innovative thing on the app, as it combines human trainers and artificial intelligence. Their AI named Ria (Artificial fitness coach) can handle almost 77% of the questions and, the rest will be taken care of by the nutritionists and trainers.

HealthifySense - The Company also launched a mental health segment for its users in 2020. It allows its users to connect with qualified counselors through its platform.

HealthifySmart Legends Edition - The company ties up with various sports legends to give workout, diet, etc., tips to its users. They recently partnered with tennis player Mahesh Bhupati as a Strategic Advisor for their app.

HealthifyMe Success Story - Business and Revenue Model

HealthifyMe has a B2C and B2B2C business model. They offer various subscription plans to their users. They all range from INR 999 to INR 1699 per month, depending upon the features you want.

Growth Reports:

More than 80% of their revenue comes from the B2C model.

The rest comes from the B2B2C model by selling their services via healthcare institutions and corporate.

HealthifyMe has seen a growth of three times in the last financial year

It surpassed revenue of INR 100 crores last year.

The company entered Singapore, Brunei, and Malaysia and saw a turnover of $1 million in less than a year in the Southeast Asian Market.

They have also entered the Gulf counties and are already in the top three apps in UAE.

The app has over 250 nutritionists and trainers on the platform and, each of them can handle around 250 customers with the help of Ria (AI).

HealthifyMe Startup - Funding, and Investors

The company managed to rise a funding of $100 million in a total of 8 rounds of funding. Some of its investors and money raised are as follows:

$134,238 - Non-Equity assistance, by Microsoft Accelerator Bangalore, 2013

Not disclosed - Venture Round, by Microsoft Accelerator, 2014

Not disclosed - Seed Round, by Gopal Srinivasan, Roopa Nath, Sashi Reddi, Pallav Nadhani, and Amit Gupta, 2015

$6 million - Series A, Blume Ventures, Chiratae Ventures, Inventus Capital & NB Ventures, 2016

$1 million - Series A, Neelesh Bhatnagar, 2016

$12 million - Series B, Sistema Asia Capital, 2018

$6 million - Series B, InnoVen Capital, 2018

$75 million - Series C, Leapfrog, Vinod Khosla, Health Quad, Elm, Unilever, Investus Capital & Chiratae Ventures, 2021

HealthifyMe Startup Story - Revenue

The user base of the company has doubled from the last financial year. They now have a user base of 25 million and, they are planning to add millions of new users this year. The revenue is more than INR 100 crores that got fueled by their international expansions and AI-enabled plans.

HealthifyMe Story - Partnerships

HealthifyMe has partnered with various hospitals, food apps, grocery apps, booking apps, etc., to provide all kinds of facilities to its customer on one platform. Some of its partnerships that are helpful for the users are as follows:

HealthifyMe Startup Story - Awards and Achievements

Some of the awards and achievements of the company are as follows:

HealthifyMe Story - Competitors

Competition is in every field and, it is impossible to hide from it. Some of the competitors of the company are as follows:

HealthifyMe Startup - Challenges

Some of the challenges of the company are:

Competitors - Competitors are one of the biggest challenges for the company. They already have a lot of players in the market who are performing equally well. HealthifyMe will soon have to come with various new features to beat its competitors and gain more users.

Lethargy - This might not be a physical challenge for the company. But tackling lazy people who hate exercising could be an issue. The company must also run some campaigns and advertisements to raise health awareness amongst all age groups.

HealthifyMe Story - Future Plans

Some of the upcoming plans of HealthifyMe are as follows:

HealthifyMe - Best Stay Fit App

HealthifyMe is currently one of the best apps to help you stay physically and mentally fit. It is for all those people who are fitness enthusiasts and also who think fitness is not their cup of tea. The easy access of this app to various facilities does 50% of the job. Users have to gear themselves up and start using this app to stay fit and healthy.

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Healthify Startup Touches $500M Market & Plans Global Expansion

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Bangalore-based HealthifyMe is Helping Millions through Health Help HealthifyMe is an Indian digital health and fitness platform that allows users to track health related factors, such as, diet, calories, & nutrition. It allows its users to have one-on-one fitness coaching by planning their workout routine. The app is available for both Android and iOS users.

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Micromax Story – Rise & Fall of Largest Indian Smartphone Company

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Micromax Story – Rise & Fall of Largest Indian Smartphone Company

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See the Rise and fall of one of the largest Indian smartphone company “Micromax” and read how micromax lost more than 93% valuation.

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Micromax - Downfall from INR 21000 CR to 1500 CR in 5 Years

Micromax or Micromax Informatics is an electronics company that manufactures & markets Smart phones, laptops, tablets, Air Conditioners, LED TVs, refrigerators, washing machines, and other home appliances. It has been one of the largest companies that produce low priced smartphones in India. It was founded by Rahul Sharma and Rohit Patel in the year 2000 and is an international electronics company. They began to sell phones in the year 2008 and also own a company YU Televentures.

Fun Fact : In the year 2014, it was considered the tenth largest smartphone seller in the world.

Micromax Story - Key points

Company Name: Micromax Informatics

Founded: 29 March 2000

Founders: Rahul Sharma and Rohit Patel

Headquarters: Gurugram, Haryana, India

Type of Sector: Private

Website: www.micromaxinfo.com

Revenue: $3.1 billion

Micromax Informatics - About the Startup

In the year 2014 Micromax became one of the most reselling companies to deliver phones in India. In the same year, it was also recognized as the first Indian company to sell phones in Russia. It launched a new sub-brand "IN" in the year 2020. The company Micromax is known for selling mobile handsets such as feature phones and smartphones, Consumer electronics such as televisions, washing machines, refrigerators, and air conditioners.

Fun Fact : Micromax has over three manufacturing factories, located in Bhiwadi in Rajasthan, Rudrapur in Uttarakhand, and Telangana.

YU Televentures- A Brand Owned by Micromax

YU Televentures was launched on 18th December 2014 as a combined venture of both Micromax Informatics and Cyanogen. Later it was declared as the sub-brand of Micromax as was turned to the official website of Micromax. The company provides a variety of phones such as YU Yureka, YU Yureka Plus, YU Yureka Note, YU Yureka S, YU Yuphoria, YU Eutopia, YU Yunicorn, YU Yunique, YU Yunique Plus, and many more. It also produces health devices and many other products.

Micromax Startup Story - Founder Rahul Sharma

Rahul Sharma along with Rohit Patel founded Micromax in the year 2000. He is the CEO of the electronic company Micromax Informatics. He has a bachelor's degree in Commerce which he pursued from The University of Saskatchewan, Canada. He also has a Mechanical engineering degree from Rashtrasant Tukadoji Maharaj Nagpur University.

Micromax Founder Rahul Sharma

Micromax Core Team

Vikas Jain- The founder and the business director of Micromax Informatics

Sumeet Arora- The Chief Development Officer

Rajesh Aggarwal- M.D. at Micromax Informatics

Note : About 20,000+ people are employed at Microsoft.

Micromax Success Story - Brand Name and Logo

Brand Name: The letter "M" of Micromax is formed by the hand knuckles and an inverted "i "of Micromax.

Logo: It has an orange punch logo that depicts a human hand. The logo was developed with Talent house India through crowdsourcing taken by Micromax. Participating Individuals had to make their icon and submit. Among the participants, Eric Atkins was the winner.

Tagline: Micromax launched a tagline named "Nuts": "Guts": "Glory"

Micromax - Funding, and Investors

The company Micromax Informatics is being funded by several investors including:

Madison India Capital

Sandstone capital

Madison India Capital

Sequoia Capital India

TA Associates

It has raised a total of $88 million in funds. It's a fundraised on the year 2017. It has over 4 investors & the recent ones include- Madison India Capital and Sandstone Capital.

Micromax Startup - Competitors

Micromax Startup - Future Plans

It has the motive to successfully overcome all the technical complications and provide life easing solutions

It has a motive to make Micromax one of the trusted company

It also has plans to develop new and innovative advanced technological gadgets

Micromax Startup - Revenue

Micromax Story - Challenges

Micromax is one of the advanced mobile brands but it has also faced a lot of problems to climb the ladder:

It is often referred to as a Chinese brand. Micromax was highly inspired by Chinese mobile companies. Chinese mobile brands such as Vivo, Xiaomi, Oppo, Gionee are highly sold in India.

The launch of Reliance Jio 4G is one of the major reasons for the downfall of Micromax. It primarily launched phones on 3G and 2G spheres, the mistake of not venturing into 4G spheres made a massive downfall to the company.

Micromax Success Story - Brand Endorsements

In the year 2013 one of the highest-paid Hollywood actors was the brand ambassador of Micromax's model Canvas Turbo A250 which was one of the first flagship phones produced by Micromax. Bollywood celebrities like Twinkle Khanna and Akshay Khanna have also endorsed this brand.

Micromax- Recognitions and Awards

V& D 100 Awards-Micromax was acknowledged as the Emerging Company of the year.

2017- The founder of Micromax Informatics was acknowledged with The Transformational Business Leader of The Year.

In the year 2014, it was considered the tenth largest smartphone seller in the world.

In the year 2014 Micromax became one of the most reselling companies to deliver phones in India.

In the same year, it was also recognized as the first Indian company to sell phones in Russia

Micromax - Brand that Beat Obstacles

Micromax Informatics or Micromax is considered to be one of the most selling brands in India. It creates affordably priced feature phones. It now has a strong footing and also launched a subsidiary brand name YU Televentures. It is one of the companies that have defeated several brands including Samsung.

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Micromax Story - Rise & Fall of Largest Indian Smartphone Company

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Micromax - Downfall from INR 21000 CR to 1500 CR in 5 Years Micromax or Micromax Informatics is an electronics company that manufactures & markets Smart phones, laptops, tablets, Air Conditioners, LED TVs, refrigerators, washing machines, and other home appliances. It has been one of the largest companies that produce low priced smartphones in India.

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PhonePe – Startup that Broke 1 Billion+ Transactions in One Month Mark.

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PhonePe – Startup that Broke 1 Billion+ Transactions in One Month Mark.

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With 280 million user in phonepe a Indian digital payment platform startup broke 1 Billion+ Transaction record in one month Mark.

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PhonePe Startup Story - India's $5.5 Billion Valued Digital UPI Way

Carrying cash is a cumbersome thing and, people are constantly searching for an easier way. PhonePe is a digital payment and financial services platform. It is an Indian startup that got founded in 2015 and makes our life comfortable. It has become a preferred way for recharge, bills payment, grocery shopping, buy insurance, liquid funds, mutual funds, etc. It also allows large transactions digitally and is available in 11 regional languages, and more than 280 million people use it. Let's get to know the success story of this excellent startup.

Fun Fact: Reserve Bank of India (RBI) has licensed the app.

PhonePe Startup - Key Points

Startup Name - PhonePe

Founded - 2015

Headquarters - Bangalore, Karnataka, India

Sector - Internet, e-commerce

Founders - Sameer Nigam, Burzin Engineer, Rahul Chari

Parent Organization - Flipkart

Users - 290 million

Revenue - $60 million

Valuation - $5.5 billion

Website - www.phonepe.com

PhonePe Story - Founders and Team

PhonePe got founded by Sameer Nigam, Burzin Engineer, and Rahul Chari.

Sameer Nigam - CEO of the comapny

Burzin Engineer - CIO of the company

Rahul Chari - CTO of the company

PhonePe co-founders Sameer Nigam (left) and Rahul Chari

PhonePe - Business Model

PhonePe has various features on its app but it is mainly a UPI-based platform. They allow the easy and safe transfer of money from one bank account to another and paying various bills such as electricity bills, water bills, restaurant bills, and other utilities. PhonePe also sells services and products like groceries, food, insurances, etc.

They have launched a POS machine that is available almost everywhere and, people can make payments using that system.

Note: It crossed more than 5 billion transactions in March 2020.

PhonePe - Revenue Model

PhonePe charges commission by promoting various products on its app and from the telecom companies. Every time customer recharges their phone through this app the company earns a commission. They have millions of customer base. The company continues to grow its user base through various offers and promotions on its app.

Revenue Fact -
The company has earned revenue of $60 million in the financial year 2019-20. The company's revenue has almost doubled from the past financial years with significant growth in the business.

PhonePe Startup - Funding and Investors

PhonePe has collected funding of $1.4 billion in 12 rounds. It got funded by Flipkart and Walmart joining it once.

$33.4 million - Corporate Round, Flipkart, 2017

$69.4 million - Corporate Round, Flipkart, 2018

$42.7 million - Corporate Round, Flipkart, 2018

$60 million - Corporate Round, Flipkart, 2018

$101 million - Corporate Round, Flipkart, 2019

$93.5 million - Corporate Round, Flipkart, 2019

$54.7 million - Corporate Round, Flipkart, 2019

$78.8 million - Corporate Round, Flipkart, 2019

$59.6 million - Corporate Round, Flipkart, 2020

$28 million - Corporate Round, Flipkart, 2020

$700 million - Corporate Round, Walmart, 2020

$21 million - Corporate Round, Flipkart, 2020

PhonePe Success - Growth

PhonePe has seen the most growth amongst its rivals.

Its growth for the year 2019 was 857.22% and, all the other payments apps saw a growth of not more than 90%.

It is also leading from its rival, Google Pay. According to the data, PhonePe had 1293 million transactions, whereas Google Pay had 973 million transactions.

PhonePe has a market share of 46% in the UPI ecosystem and, Google Pay has 34%.

PhonePe Startup - Partnerships

PhonePe has partnered with various companies to provide maximum comfort to its users. Some of its partnerships are as follows:

PhonePe Startup - Awards and Achievements

Some of the awards and achievements of the company are as follows:

The highest number of merchant transactions by UPI - By NPCI (National Payments Corporation of India), 2018

UPI Digital Innovation Award - By NPCI, 2018

Best Mobile Payment Product or Service - By IAMAI India Digital Awards, 2018

Super Star Up Asia Award - 2018

India Advertising Award - 2018

Best Mobile Payment Product or Service - At India Digital Awards by IAMAI, 2019

Best Digital Wallet - At Indian Retail and eRetail Awards, 2019

Best Digital Wallet - At Annual Indian Retail & eRetail Awards by Zee Business and The Economic Times, 2019

PhonePe - Competitors

The phone is a strong player in the market. But it still has a lot of competitors that are performing well. Some of its main competitors are as follows:

PhonePe Success - Challenges

Some of the challenges faced by PhonePe are:

Competitors Competitors are a challenge in every sector. PhonePe also has a lot of competitors in the market and, some of them are performing well. PhonePe will have to come up with various new features to attract customers.

Pandemic The current pandemic has affected a lot of businesses. Thus, PhonePe also became a victim of it. The country was in lockdown and, people were not allowed to go out of their homes. It affected a lot of businesses and, hence PhonePe also suffered because of this.

PhonePe Startup - Future Plans

Some of the upcoming plans of the company are:

To become profitable by 2022.

It is helping people to discover various products and shops online.

It is offering a chat service for both merchants and users.

PhonePe - Making Lives Easier

PhonePe has now become a need for many users in the country. Apps like PhonePe make our work simple and, thus, it is a boon for us. The app is for various purposes and, fulfills our basic need by doing our most of the job in just one click. The growth of the company is massive and, it is going to grow in the future.

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PhonePe - Startup that Broke 1 Billion+ Transactions in One Month Mark

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PhonePe Startup Story - India's $5.5 Billion Valued Digital UPI Way Carrying cash is a cumbersome thing and, people are constantly searching for an easier way. PhonePe is a digital payment and financial services platform. It is an Indian startup that got founded in 2015 and makes our life comfortable.

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Gaming Platform MPL Startup hits $945 Million valuation after Funding

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Gaming Platform MPL Startup hits $945 Million valuation after Funding

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Banglore Based Online Gaming platform i.e “MPL” startup offers real cash prizes for playing games & is currently valued at over $945 Million.

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Mobile Premier League Gaming Startup - Changing the Indian Trend

In India, the Smartphone market is expanding, as is the mobile game sector. As the adaptability of each Smartphone brand grows, more industries are recognizing opportunities in the gaming sector. People are enthralled by the thought of gaming devices that may be carried in one's pocket.

MPL has established up a strong position in the Indian market and is steadily expanding internationally. It's working on exciting new features for gamers as well as more user-friendly interfaces.

Mobile Premier League Startup - Indian Gaming Platform

MPL (Mobile Premier League) is an Indian online gaming platform founded by Sai Srinivas and Shubham Malhotra and situated in Bangalore, Karnataka. Fantasy Sports, Chess, Quiz, 8 Ball 3D Pool, Carrom, Free Fire, Rummy, Ludo, and other games are available on MPL to play. Those who win these online games are given real cash prizes by the corporation. Mobile gaming enthusiasts are drawn to MPL because of the different deals available on the platform and the MPL team's 24/7 support. MPL features over 40 online games that may be accessible through its mobile app.

Note : Mobile Premier League also allows players to interact with friends and rewards them for referring others to the game.

Mobile Premier League Startup - Founders

Sai Srinivas, CEO Sai Srinivas received his B.Tech in aeronautical engineering from IIT Kanpur. In 2009, Sai co-founded Base9 & CREO with Shubham, a firm that organized and promoted live events throughout India. Before launching CREO, he worked for Zynga, a social media firm, and for a short time with Hike Messenger.

Shubham Malhotra, Cofounder Shubham has done his Bachelors in electronics & instrumentation from BITS, Pilani, and has worked with Capillary Technologies. He co-founded CREO with Sai and worked with Hike after the startup was acquired.

Mobile Premier League (MPL) Startup - Founders

Fun Fact : MPL Startup won the Best Fantasy Sports Operator Award in 2019

MPL Startup - Parent Company

Galactus Funware Technology Private Limited owns mobile Premier League. The company was established on May 22, 2018, as a private corporation & is registered with the Registrar of Companies in Bangalore as a "Subsidiary of a Foreign Firm." Galactus Funware Technology provides a variety of game apps, tournaments, cash prizes, and other services.

Fun Fact: Virat Kohli was named MPL's brand ambassador in March 2019.

Mobile Premier League - Brand Name & Tagline

Name: The term "Mobile Premier League" refers to the best selection of games available on mobile phones.

Tagline: MPL's original tagline was "Play.Compete.Win", but the new tagline is 'Game Khelo Hero Bano.'

MPL - Investors and Funding

MPL Startup was started in 2018 and has received a total funding of $225.5 million from different investors over five rounds. MPL is currently valued at over $950 million.

Mobile Premier League Startup - Revenue Model

MPL generates revenue in various ways, and the success of MPL can be attributed to its business model. Following the revenue sources of MPL:

It charges participants an admission fee anytime they want to join in a game.

When the company runs tournaments, it deducts a hosting charge of 20% of the total money raised from the participants.

Advertisements and in-app purchases are used to monetize MPL's gaming apps.

Founders' Fact : Sai and Shubham co-founded CREO (a technology business) in 2014 before starting MPL. In 2017, Hike Messenger purchased CREO.

Mobile Premier League Startup - Growth Numbers

MPL has over four crore users and more than 40 games.

The startup is a member of IAMAI (Internet and Mobile Association of India), FICCI, AIGF (All India Gaming Federation), and TRF (The Rummy Federation).

MPL's income for FY 2019 was INR 2.87 crores, while its expenses were INR 89.46 crores.

MPL Startup is the official sponsor of Kolkata Knight Riders (KKR) and Royal Challengers Bangalore (RCB).

Mobile Premier League Startup - Competitors

MPL has established well its place in the Indian market, and the latest Funding is the evidence. However, it still faces stiff competition from many firms, including:

Mobile Premier League Startup - Future Plans

So, this was all about the online gaming platform MPL. The startup's long-term goals include adding more games and expanding its user base. In addition, the organization intends to grow its commercial and technology relationships. Apart from this, the company has also entered the USA market this year and is growing exponentially.

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Gaming Platform MPL Startup hits $945 Million valuation after Funding

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Mobile Premier League Gaming Startup - Changing the Indian Trend In India, the Smartphone market is expanding, as is the mobile game sector. As the adaptability of each Smartphone brand grows, more industries are recognizing opportunities in the gaming sector. People are enthralled by the thought of gaming devices that may be carried in one's pocket.

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How GoPro Marketed the Trekking Trend & Improved Sales?

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How GoPro Marketed the Trekking Trend & Improved Sales?

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GoPro an American tech company that was named the coolest brand globally in 2016 and is currently valued at over $3 billion.

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American Trek Camera Giant GoPro and Its Way to the Success

GoPro is an American tech company that deals with the production of its action cameras. It also creates its editing software as well as mobile apps. GoPro cameras are used in extreme action video photography by different exceptional adventurers and athletes, including the commoners.

Today, we'll discuss the success story of this innovative US startup, GoPro, in detail.

GoPro - Founder Nick Woodman

Key Highlights of GoPro

Legal Name: GoPro, Inc

Founded: January 1, 2002

Founder: Nick Woodman

Headquarters: San Mateo, California, United States

Also Known: Woodman Labs Inc.

Number of Employees: 970

Areas Served: Europe, Africa, America, Asia-Pacific, Middle East

Type of Industry: Electronics (B2C)

Investors: 7

Total Funding Amount: $288.2 million

Number of Funding Rounds: 3

Last Funding Type: Private Equity

Share Price: $11.04

Company Type: For Profit

Stock Exchange: NASDAQ: GPRO

Ownership Status: Publicly Held

Financing Status: Formerly VC-backed

Website: www.gopro.com

Go Pro Startup: Beginning

GoPro was designed by Nick Woodman, the CEO of GoPro, who used it as a compact to click photos and videos of him while he used to surf. Now, it's been 15 years since its inception, and it still maintains the same dignity.

Go Pro Startup Timeline

2002

In 2002, Nick Woodman, the founder of GoPro, went on a trip to Australia, and he expected to click great photos while surfing. Unluckily, he was unable to do so due to the lack of appropriate photography equipment.

After getting inspired to make good quality cameras and offering them affordable rates, he then launched his own company, GoPro, in the same year.

2004

After the company's initiation, Nick was working on a camera which was his first and finally, he launched it. It was the GoPro 35mm HERO that could be wrapped around the wrist of the user. It was presented at San Diego's Action Sports Retailer trade show in September 2004.

Though the idea of Nick started from Australia, it had expanded in California and Pennsylvania as well when Nick had put forward his basic model and plan for the home-shopping network QVC at a 2004 Inventor Search competition.

2006
Nick Woodman planned to make more modernized plans, and he planned to set his GoPro at the sway bar of a car.

2012
According to IDC reports, GoPro was accountable for increasing from a six market share in the previous year to 21.5 shipments of the digital camcorder in the first half of 2012.

2014

GoPro declared that Tony Bates, the ex-Microsoft executive, had been appointed as the President of the company on June 4, 2014.

A fixed-lens HD camcorder with a wide 170-degree lens was available, and two or more can be put into pairs to make the 360 videos as of 2014.

2015
The HERO Session is 40 lighter and 50 smaller in comparison to the other GoPro HERO4 camera models. It was launched on July 6, 2015.

2016

Karma drone, a GoPro product, was launched in 2016. It clicks clear and spectacular GoPro air footages, either body-mounted or handheld.

GoPro declared that around 200 employees would be dismissed due to the company's cost reduction in November 2016.

2018
GoPro cameras had been available in more than 100 countries in 2018.

Note: On the Apple App Store, GoPro app has ranked 50th with a 4.8 stars rating and 452k reviews in Photo & Video apps category.

Features of GoPro

GoPro has a cuboid design, and it has a processor, an ultra-wide-angle lens, an image sensor, and up to three microphones for recording audio in various circumstances.

GoPro cameras are easy and comfortable to wear. You can freely shoot and keep yourself hands-free.

Its size is quite small and light which makes it easier to pack it in your bags.

GoPro cameras are waterproof so that you can shoot underwater as well. You can easily go up to 131 feet (40 meters). You can go deeper to 197 feet (60 meters) with a dive housing camera.

It is also WiFi friendly.

It is quite tough and durable.

All the models of GoPro have 4K video capture.

Go Pro : Brand Name

The 'GoPro' name came into existence when Nick Woodman and his friends wanted to be professional surfers, and the main aim was to 'going pro'. The camera range was named 'Hero' as the ultimate goal was to click close-up action shots which would appear heroic.

Go Pro: Investment & Funding Sources

GoPro acquired CineForm on March 30, 2011.

GoPro rose total funding of $288.2M in over three investment rounds. The latest funding of GoPro was earned from a Private Equity round on December 20, 2012.

The Taiwanese company bought a share of 8.88% in GoPro, with a valuation of 2.25 billion in 2012.

It is certified under the NASDAQ: GPRO. The stock exchange opened up on July 3, 2014, IPO of $24.00.

GoPro allied with Periscope for live streaming in January 2016.

It took over Stupeflix, an online video editing application, on February 29, 2016.

It is funded by seven investors. The recent investors are Steamboat Ventures and FIH Mobile.

GoPro seized ReelSteady, a stabilization software company, in March 2020.

Date

Funding Amount

Funding Round

Investor Details

May 05, 2011

$88M

Series A

Steamboat Ventures, SageView Capital, Riverwood Capital, US Venture Partners and Walden International

Awards and Recognitions of GoPro

GoPro was ranked 27th in the 2013 Social Brands Top 100.

It was one of the only brands in the category of Consumer Electronics to reach the top 100 in 2013.

It also ranked 18th and was branded "The Coolest Brand" by the Centre for Brand Analysis in 2016.

GoPro: Future Plans

GoPro launched the new model of its main smartphone app, GoPro Quik, in 2021. It gets to pick the most out of your favourite photos and videos in a fast and easy manner regardless of any phone or camera you are using. Also, it creates a compilation video that is edited and can be musical synced.

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How GoPro Marketed the Trekking Trend & Improved Sales?

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American Trek Camera Giant GoPro and Its Way to the Success GoPro is an American tech company that deals with the production of its action cameras. It also creates its editing software as well as mobile apps. GoPro cameras are used in extreme action video photography by different exceptional adventurers and athletes, including the commoners.

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How Britannia Industries is Selling Biscuits for More than 125 Years?

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How Britannia Industries is Selling Biscuits for More than 125 Years?

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Britannia Industries Limited is a multinational food and beverage corporation selling biscuits for more than 125 years and is valued at over $1.7 billion.

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Star of Indian FMCG Market - Conglomerate Britannia Industries

Britannia Industries Limited is a multinational food and beverage corporation headquartered in India. The firm offers biscuits, slices of bread, and dairy goods under the Britannia and Tiger brands exported worldwide.

Tiger, Nutrichoice, Good Day, 50/50, Jim Jam, Milk Bikis, Bourbon, and Little Hearts are just a few Britannia's biscuit brands. In comparison, their dairy products include milk, cheese, curd and bread & the firm sells dairy goods to the general public as well as trades dairy products to businesses. Today, we'll study deep this FMCG giant and understand its business model & other things.

Britannia Success Story - Key Stats

Britannia Success Story - History

1892: Established by British Merchants Britannia Industry was formed in 1892 with an Rs. 295 investment by a group of British merchants. Britannia was first made in a small house in Calcutta (Kolkata) central business district. The firm was established as a public limited company on March 21, 1918.

1921: Service to WWII Soldiers Britannia is the first firm east of the Suez Canal to employ imported gas ovens in 1921. The business of Britannia was booming. However, Britannia was developing recognition of value and quality. As a result, the government put its faith in Britannia by contracting them to deliver enormous amounts of 'service biscuits' to the military soldiers during the terrible World War II.

1924: Mumbai Factory In the year 1924, Mumbai saw the opening of a new factory. That year, the firm became a subsidiary of Peek Frean & Company Limited UK, a prominent biscuit manufacturer, and expanded its operations in Calcutta and Mumbai, bolstering its position.

1952: Relocations The Kolkata plant was relocated from Dum Dum to Taratola Road in the outskirts of Kolkata in 1952. Automatic plants were established in Calcutta in the same year.

1965: Delhi Bread Factory The firm began developing high-quality sliced and wrapped bread in India, initially produced in Delhi in 1954. Later in 1965, a new bread bakery was established in Delhi, and 1976, Britannia bread was first launched in Chennai and Kolkata.

1978: Stock Market IPO In 1978, Britannia launched their IPO, with Indian shareholders increased to 62%. From Britannia Biscuit Company Limited to Britannia Industries Limited, the company changed its name in 1979.

Britannia Success Story - Growth and Market Share

Britannia has a market share of around 38% and is hugely profitable.

The Brand Trust Report lists Britannia as one of India's 100 Most Trusted Brands.

In March 2021, the company reported revenue of 13,136 Crores INR (13.24% Year on Year), whereas 32.86% growth in net profit year over year.

Britannia Success Story - Tagline & USP

Tagline: For a long time, the company's motto has been "Eat healthier, think better," making it one of the most trusted brands in the country. The brand's tagline has just been updated, and it now reads "Zindagi Mei Life." Britannia aspires to become a whole foods firm, introducing new goods such as wafers and croissants and expanding into other sectors.

USP: Britannia's USP is "India's very own bakery and dairy products brand that is trusted for its quality."

Britannia Success Story - Mission & Vision

Mission: Throughout the portfolios, we emphasise eating healthy, fresh, and delicious food.

Vision: We inspire our employees to collaborate in cross-functional groups to exchange information.

Britannia Success Story - Business Model & Financial Data

Bakery products and dairy products are the company's two main business divisions. The biscuits section generates 95% of the company's revenue, with the non-biscuits category (dairy) and international market accounting for 5% of overall sales.

Britannia dairy products are sold directly to 1 Lac outlets, and the company's dairy sector provides close to 5% of sales. With Rs. 450 crores in value & an annual turnover of over 1 lac tons in volume, Britannia Bread is the leading brand in the structured bread industry. The company has 13 facilities and four franchisees that sell almost one million each day across India.

Britannia Success Story - Major Competitors

Britannia Success Story - Future Plans

Britannia, the maker of Good Day and Tiger Biscuits, now plans to invest a total of over 1,000 crores over the next two years, including a total of 700 crores for greenfield facilities

Scaling up capacities of core products and another 300 crores for new launches, including dairy, according to Varun Berry, Managing Director, Britannia

Demand for packaged foods, especially cookies, has outpaced manufacturing capacity, according to Britannia Industries, which plans to spend Rs 700 crore in new plants.

Britannia Success Story - Controversy

Rajan Pillai, a Kerala businessman, took control of the company in the late 1980s and earned the moniker "Biscuit Raja" in India. In 1993, the Wadia Group bought a share in Associated Biscuits International (ABIL) and joined Groupe Danone in Britannia Industries Limited as an equal partner. Pillai surrendered power to Wadia and Danone following a heated boardroom battle, then fled to India in 1995 amid charges of defrauding Britannia, where he died the same year in Tihar Jail.

Britannia Success Story - Investments & Acquisitions

Fonterra Brands: Britannia Industries, India's largest processed food firm, has agreed to buy Fonterra Brands (Mauritius Holding) Ltd of Mauritius' 49 percent equity and preference interest in Britannia New Zealand Foods Private Ltd (BNZF), its joint venture company in the dairy industry. The Reserve Bank of India must approve this transaction.

Strategic Foods International LLC: In March 2007, the firm and its partners bought a controlling share in Strategic Foods International LLC, Dubai, and Al Sallan Food Industries, Oman.

Britannia Industries - Star of Indian FMCG

Britannia Industries, the star of the Indian FMCG pack of late, believes the biggest challenge in the coming year is increasing customer demand. In recent quarters, FMCG firms, in general, have reported disappointing performance. However, the biscuit maker's results exceeded expectations, with profit margins reaching new highs in the previous two quarters.

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How Britannia Industries is Selling Biscuits for More than 125 Years?

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Star of Indian FMCG Market - Conglomerate Britannia Industries Britannia Industries Limited is a multinational food and beverage corporation headquartered in India. The firm offers biscuits, slices of bread, and dairy goods under the Britannia and Tiger brands exported worldwide. Tiger, Nutrichoice, Good Day, 50/50, Jim Jam, Milk Bikis, Bourbon, and Little Hearts are just a few Britannia's biscuit brands.

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How Just Dial founder VSS Mani came with Internet Search Idea in 1996?

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How Just Dial founder VSS Mani came with Internet Search Idea in 1996?

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Just Dial a Mumbai based local earch engine internet company was started with only 50,000. Now, the firm is valued over $1.8 Billion.

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VSS Mani's Just Dial Story - Startup that Went from 50,000 to 690 Cr Revenue

Just Dial is an internet technology company that provides the service of various kinds of searches. It is available on the phone app, web, and mobile internet and one can search for any local service in your area with just one tap. The company provides information to its users and makes their life much easier. Let's get to know the story of this outstanding Indian startup.

Note: After nine years of the incorporation, Just Dial came up with the app version in 2007.

Just Dial - Key Points

Company Name - Just Dial

Founded - 1996

Founders - V.S.S Mani and V Krishnan

Headquarters - Mumbai, Maharashtra, India

Parent Company - Reliance Retail

Company Type - Public

Sector - Local Search Engine Internet

Area Served - India

Revenue - $150 million

Number of Employees - 11,000

Website - www.JustDial.com

Just Dial Startup - Founders and Team

Just Dial got founded by V.S.S Mani and V Krishnan in 1996.

V.S.S Mani - Mani is the founder and CEO of the company. He has been with the company for 25 years and, his experience and knowledge helps the company.

V Krishnan - Krishnan is the co-founder and executive manager of the company. He completed his bachelor's degree from the University of Delhi, and he holds some crucial responsibilities in the company.

Just Dial Startup - Founders

Just Dial Story - Idea behind the team

V.S.S Mani worked for Yellow Pages in 1987. That is when he came up with the idea of this business. He started his business with a seed capital of INR 50,000 in a rented garage, rented computers, and five employees.

Mani wanted to create a local platform where people can call to receive any information they want.

Just Dial Startup - Brand Name, Logo, and Tagline

Brand Name - The brand name signifies what they do. They provide their customer with various kinds of searches in just one dial.

Logo - The logo Just Dial is nice and catchy to gather the attention of its users.

Tagline - Anything Anytime Anywhere.

Just Dial Startup - Business Model

The company has a business model of both paid and unpaid services. They work extensively on the data collection process to provide all pieces of information to their users. The company works in the same way as Google. It is the local search engine for people to search for innumerable services in India. Just Dial has listed small businesses on its platform. The company gets paid every time these businesses get any lead for services.

Just Dial Startup Story- Revenue Model

Just Dial earns its revenue from various sources such as premium subscriptions, analytical reports, data selling to users, the listing of ads, etc. The company started working as a digital phone directory-based company. But it soon shifted to the local search engine-based model. The company's revenue saw a rise of more than 25% in the last couple of years.

Just Dial Story - Funding, and Investors

Just Dial got a funding of $85 million in 3 rounds of funding. Some of the investors of the company are as follows:

$18 million - Nalanda Capital, Post-IPO Equity round, 2016

$57 million - Saphhire Ventures, Sequoia Capital India, Series E round, 2012

$10 million - Sapphire Ventures and Sequoia Capital Index, Venture Round, 2011

Just Dial Startup Story - Acquisition

Just Dial got acquired by an Indian giant company, Reliance Retail, in 2021. The company bought a stake of 66.95% for INR 3,497 crores.The founders of the company will continue to lead it.

Note: - Reliance wanted to buy 40.95% of the stake but, Just Dial made an extra offer to acquire 26% of the stake.

Just Dial Startup Story - Marketing Techniques

Some of the marketing strategies of the company are as follows:

Dealing with varied helps the company in giving information about them.

They have hired Ranveer Singh as their brand ambassador. It plays a vital role in catching the attention of the customers.

They advertise their services through print, TV, and social media. organizations

Just Dial Story - Products and Services

Some of the products and services of the company are as follows:

Just Dial Social - It is a service that combines content from various social media websites, news, TV, etc.

Search Plus Service - Just Dial provides this service to its customers, where they can handle online transactions through app and website.

Just Dial - Growth

The company saw various fluctuations in its share price after its listing in 2013. The price fell and raised a couple of times and, its highest share price was INR 1894.7 in 2015. The company earned a net profit of $5.5 million in the first quarter end of 2018. The company saw a growth of 11% and got revenue of $30.2 million in the same year. The board of directors bought back the shares of the company for $31.5 million.

Just Dial - Competitors

The company has a lot of competitors in the market. Some of its competitors are as follows:

Just Dial has the greatest number of employees working together for the organization. Due to this, the company got ranked at the top of the list amongst its competitors.

Just Dial Startup - Challenges

Some of the challenges faced by the company are as follows:

Pandemic - The prevailing pandemic has hit the business badly. Just Dial has also felt the impact of the pandemic as the whole country was in entire lockdown. Customers were not using the platform for local searches. Just Dial outgrew with that issue but, it will have to plan new strategies to fight any other pandemic.

Competitors - Just Dial is one of the leading players in the market amongst all of its competitors. They can give cut-throat competition to Just Dial. The company will have to develop new techniques to increase its customer base and win over its rivals.

Just Dial Story - Future Plans

The company went public in 2013 on NSE (National Stock Exchange). Some of the plans of the company are as follows:

The company plans to buy at least 25% of its free reserves and paid-up capital.

The estimated cost of it is $26 million. The company got successful in its planning.

To connect with more businesses and bring them on their platform.

Just Dial - India's Number One Business Search Company

Just Dial is working well in its sector and, it is ranked number one amongst all of its rival companies. Users love the services provided by them. According to the experts, Just Dial has a bright future ahead. Reliance Retail has recently acquired the company and, it is going to grow in the future.

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How Just Dial founder VSS Mani came with Internet Search Idea in 1996?

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VSS Mani's Just Dial Story - Startup that Went from 50,000 to 690 Cr Revenue Just Dial is an internet technology company that provides the service of various kinds of searches. It is available on the phone app, web, and mobile internet and one can search for any local service in your area with just one tap.

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How ScoopWhoop Startup Became a Big Media House through Internet Only?

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How ScoopWhoop Startup Became a Big Media House through Internet Only?

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From starting as a side gig to becoming one of the most trusted media Houses in India with a value of over $16.3M, Read the journey of Scoopwhoop an internet news organization.

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Internet News Portal ScoopWhoop Stands Strong with $16.3M Valuation

Scoop Whoop is one of the most sensational News Companies and largest internet media in India. They are famous for creating various kinds of content that cater to millions of audiences. They cover copious genres such as entertainment, food, travel, life, humor, comedy, politics, sports, foreigners, etc. It has seen immense growth in the last few years. Let's get to know the success story of this unique startup.

Fun Fact: The company's revenue is expected to grow more than 25% in the coming financial year.

ScoopWhoop - Key Points

Startup Name - ScoopWhoop

Founded - 2013

Headquarters - New Delhi

Founders - Sattvik Mishra, Debarshi Banerjee, SriparnaTikekar, Saransh Singh, Rishi Pratim Mukherjee, Suparn Pandey

Industry - News, Media, and Entertainment

Revenue - $6 million

Languages Available - Hindi, English

Website - www.scoopwhoop.com

ScoopWhoop Startup - Founders and Team

ScoopWhoop has a large team of creators working for the company. It got founded by six friends who were colleagues at the Indian Institute of Mass Communication. Sattvik Mishra, SriparnaTikekar, Sarah Singh, Debarshi Banerjee, Saransh Singh, Rishi Pratim Mukherjee, and Suparn Pandey are the founders of the company.

CEO - Sattvik Mishra

CTO - Debarshi Banerjee

ScoopWhoop Founder

Note: ScoopWhoop earned revenue of more than $3 million in the FY 2020-2021.

ScoopWhoop - Business Model

ScoopWhoop is an Internet Media company that posts various content on the Internet. They have more than fifty content creators working to make fun and engaging content for the audience.

Their main goal is to generate as many audiences as they can through their content. The company focuses on building viral content that helps in growing its business.

ScoopWhoop Startup - Revenue Model

ScoopWhoop has its channel on various social media handles like Instagram, YouTube, Facebook, etc. They earn their major part of the revenue from sponsored posts and advertisements. They have a spectacular social media reach and, this helps the company in bagging various brand collaborations. They have a three-post deal with every company and, the company charges around INR 1.5 lakhs per post.

ScoopWhoop Startup - Social Media Presence & Numbers

ScoopWhoop's main business comes from all these social media channels. Some of these are as follows:

YouTube - ScoopWhoop has around 2.5 million subscribers on YouTube. They have posted more than 500 videos on their channel and have more than 300 million views on these channels.

Instagram - The company has more than 2 million followers on Instagram. They create entertaining and viral content from various fields. They have an impressive audience reach on Instagram and, they receive more than 50,000 likes on each post.

Facebook - ScoopWhoop has more than 5 million followers on this app. It is one of the oldest social media accounts of this startup.

Twitter - ScoopWhoop is also active on its Twitter handle. It has more than 200 thousand followers on this channel.

Note: ScoopWhoop's all accounts are verified on various social media handles.

ScoopWhoop - Subsidiaries

ScoopWhoop also has a lot of subsidiaries. Some of them are as follows:

ScoopWhoop Hindi - This is an official Hindi channel of the company. They post all the viral news and content in Hindi on this channel. It has more than 150 thousand followers and 10 thousand subscribers on YouTube.

Om Nom Nom - This channel gets dedicated to all food lovers. It has around 70 thousand followers on Instagram and 4 thousand subscribers on YouTube.

ScoopWhoop Unscripted - This channel is famous for posting unscripted current news and happenings in the country. They also post interviews with notable politicians, film stars, etc. It has more than 500 thousand followers on Instagram and 1.5 million subscribers on YouTube.

Ok Tested - This channel creates content related to lifestyle, food, entertainment, fashion, etc. It has more than 300 thousand followers on Instagram and around 1.5 million subscribers on YouTube.

Vagabomb - This channel of ScoopWhoop get dedicated to women. They post content related to lifestyle, health, work, love, life, opinions, beauty, etc. It has more than 170 thousand followers on Instagram.

Words - This channel by ScoopWhoop has all the inspirational and love quotes to lift your mood. It has more than 200 thousand followers on Instagram.

ScoopWhoop Sketches - It is a new channel by ScoopWhoop. They post various funny memes and videos related to all the current news. It has more than 20 thousand followers.

ScoopWhoop - Competitors

The Internet has become much easier and accessible in the country. But this has increased the competition in the digital platform. ScoopWhoop has numerous competitors in the market. Some of its competitors are as follows:

ScoopWhoop - Funding

ScoopWhoop has successfully raised $5.6 million in funds from various investors. Some of the funding and investors of the company are as follows:

$14,00,000 - Bharti Softbank, 2014

$4 million - Kalari Capital, 2015

$1.5 million - Ignite World, 2016

ScoopWhoop - Partnerships

ScoopWhoop has partnered with some of the companies to expand its reach and audience base. Some of its partnerships are as follows:

ScoopWhoop - Growth

ScoopWhoop has seen significant growth in the past 3 to 4 years.

It has more than 220 employees.

It has millions of followers on various social media apps.

They keep their audience and followers updated with all kinds of current news.

They have also launched different accounts to cater to a specific audience.

ScoopWhoop - Future Plans

Some of the upcoming plans of the company are as follows:

The company is planning to be a game-changer in this industry.

They plan to attract more audiences and create catchier content to increase their followers on various social media channels.

They want to focus more on the Millennials and gen-z audience as they are the most exposed to social media.

ScoopWhoop - Indian Youth's Go-to News Portal

ScoopWhoop has worked hard for several years and, its popularity in the digital world is incomparable. It has become a go-to platform for various kinds of news. They have millions of audiences and, most of their videos and memes get loved by everyone.

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How ScoopWhoop Startup Became a Big Media House through Internet Only?

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ScoopWhoop is an internet news organization that was started by a team of creators in 2013 as a side gig. However, the company grew exponentially and is today among top trusted Media Houses in India. ScoopWhoop is valued over $16.3 Million.

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Grofers Success Story: Cities, Idea, Investment, & COVID

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Grofers Success Story: Cities, Idea, Investment, & COVID

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From loss making company to Overnight success . See the success journey of Grofers an Indian online delivery service and the largest low price supermarket to fulfill your daily necessities.

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Grofers Success Story: The Journey from Delhi to 35+ Cities

Grofers is an Indian online delivery service and the largest low price supermarket to fulfill your daily necessities. It will help you to shop from your nearby favorite store around your vicinity and deliver it to your doorstep within 90 minutes. You can do your regular shopping like fruits and vegetables, meat, grocery items, bakery items, pet care, baby care, cosmetics, and flowers. You can also choose your timings of delivery at any given time of the day.

Grofers Success Story - Cities Expansion

It was founded in December 2013 by Saurabh Kumar and Albinder Dhindsa and developed by Grofers India Pvt. Ltd. The company is based out of Gurugram. The name "Grofers" mainly comes from the name "Grocery Gophers". It currently serves in 33 cities like Mumbai, Bangalore, Kolkata, Delhi, Gurgaon, Pune, Ahmedabad, Rai Bareily, Panipat, Jamshedpur, Lucknow, Surat, Unnao, Bahadurgarh, Chennai, Indore, Noida, Rohtak, Hyderabad, Chandigarh, Kanpur, Agra, Hisar, Gonda, Jaipur, Bhiwadi, Bijnor, Nagpur, Ludhiana, Vadodara, Mathura, Aligarh, and Panchkula. The company had received interest from many big investors like Tiger Global, SoftBank, Sequoia Capital, etc.

Applications like Grofers had made our life easier by delivering the daily necessary items to our doorstep within minutes. Those who want to eat healthily, but do not have time to visit the market can be highly benefitted. It had reached great popularity by providing us with a variety of goods which is required every day.

Grofers Success Story - How It Started?

The founders, Saurabh and Albinder, happened to interact with each other when they used to work for Cambridge Systematics in the late 2010s. They made a business plan of getting into the field of grocery delivery service. The main target of both of them was to resolve the problems related to the disorderly style of the sector from both ends, i.e. customers and merchants. The problem had thus led them towards the Grofers business model. The first trial of Grofers took place in Delhi NCR and eventually after it had achieved success, it got launched in the other cities as well.

Earlier, Grofers initially aimed the attention in the delivery of fresh fruits and vegetables, groceries, bakery items, pet care, baby care, and personal care products, kitchenware, home, and office needs, mobiles and accessories, flowers, books, electronics, etc. Now, the company serves its customers with all the indispensable daily needs focusing both on the customer as well as merchant end.

Grofers Success Story - Helping Retailers

Though it seemed to be problematic for the company to build a connection among the consumers and sellers but slowly and gradually, they had won over the trust of the customers by delivering good products and on-time delivery and built an alteration in their manner of shopping. Also, it had helped those retailers who were unable to sell their products due to the establishment of a lot of shops in a particular area or due to the lack of proper business orientation.

For example, Grofers became partners with Raju stores, a neighborhood grocery store and the company had become the pillar since the store was facing an extreme loss due to coronavirus pandemic. The company had therefore helped the store by delivering the products the customers are ordering from the shop and also, his store reached an e-commerce platform which helped his store gain popularity. Now, the owner does not even need to worry about the delivery services as well since the company deals with it. Like this, the small-scale businesses are taken forward and given a podium to raise their business.

Initially, Grofers worked as a hyper-local delivery service and made partnerships with the local businesses which needed an online platform to work and reach the consumers. It was just a logistics business during this point in time. Later, things started getting better and they had brought in a variety of goods and tried to help others and build good communication and now, Grofers is what it is.

Grofers Success Story - Demand in the Market

Grofers are giving a platform for offline sellers to come online which helps the consumers to shop anything from their nearby favorite store and receive them at their doorstep according to their time. Now, people who are working from home or are too busy to visit the market can be helped out with few taps. People have hugely started supporting and appreciating their services and it had received a lot of positive reviews. Almost, Grofers receives 2000 orders in a single day.

Grofers & COVID Success

Grofers was one of the online grocery delivery services which continued to serve their customers during the Coronavirus global pandemic. This helped the company achieve great prosperity in its business since people were unable to go out of their homes and get access to the marketplaces.

Final Words

According to the reports, Grofers is interested in going public in either 2021 or 2022. One of the founders of the company, Dhindsa also stated, "Our path to profitability has accelerated during the lockdown, and after achieving operational profitability in January, we are on track to become EBITDA and cash positive by the end of this year. We are observing market sentiments and aim to hit the capital market by the end of 2021."

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Grofers Success Story: Cities, Idea, Investment, & COVID

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Grofers Success Story: The Journey from Delhi to 35+ Cities Grofers is an Indian online delivery service and the largest low price supermarket to fulfill your daily necessities. It will help you to shop from your nearby favorite store around your vicinity and deliver it to your doorstep within 90 minutes.

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Acharya Balkrishna’s Ayurvedic Empire: Patanjali Success Story

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Acharya Balkrishna’s Ayurvedic Empire: Patanjali Success Story

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Read the journey of Acharya Balkrishna’s Ayurvedic Empire “Patanjali” making an astonishing jump from Rs 25cr to Rs 10500cr in 2016-17.

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How Patanjali Clocked Rs 10,000 Cr Revenue: Marketing Study

Patanjali is a famous Fast-moving consumer product brand. From food products to soaps and shampoos, it deals in almost every household product. It has become one of the highest revenue earning companies in the past few years. This success is a culmination of the hard work of the makers combined with a unique marketing strategy. So in this article, we will look into the fantastic journey of Patanjali from an Ayurvedic company to a Fast-moving Consumer Business.

Patanjali Ayurveda: Initial Idea & Founder's Story

Divya Pharmacy Patanjali was established due to the efforts of Acharya Balakrishna and Baba Ramdev. They started Divya Pharmacy in 2005 to make herbal and Ayurvedic medicines. Due to the popularity of Baba Ramdev as a yoga guru, the trust started receiving donations from famous personalities like Sunita Poddar and Govind Aggarwal. This reflected the possibility of Divya pharmacy's expansion.

Patanjali Beginning The famous brand Patanjali Ayurveda, as we know it today, was founded in 2006. Balakrishna, the present chairman of Patanjali, took a loan of Rs. 60 crore to set up Patanjali Ayurveda. Being a purely Ayurvedic company, it was not able to generate profits. So the duo decided to venture into FMCG (Fast Moving Consumer Goods). The venture became successful, and today, Patanjali has achieved many milestones.

Balkrishna - Baba Ramdev

Patanjali Brand: Success Timeline

Patanjali has become a household name, and it had registered a turnover of Rs. 10561 Crore in 2016-17.

Patanjali Ayurveda is seen as a significant competition to prominent International brands. Almost every Patanjali product has been successful in occupying a central place in Indian households.

Patanjali had also donated 1 million rupees to BJP in 2009.

Patanjali's annual sales doubled in 2017, and its turnover grew from Rs. 450 million to Rs. 10561 Crore.

Patanjali has also signed agreements with significant e-Commerce sites like Bigbasket, Amazon, etc., to gain an online presence.

Patanjali has also acquired Ruchi Soya, an edible oil maker brand, for 610 Million Dollars.

Patanjali's social media presence is also impressive. It has over 750k followers on Facebook, 290k+ followers on Instagram and a strong presence on Youtube.

Patanjali Ayurveda Story: Marketing Factors

Ramdev's Popularity The first factor that contributed to Patanjali's success is the massive popularity of Ramdev Baba. He became famous as a yoga guru from TV channels, Sanskar and Aastha. Ramdev Baba himself acknowledged the role of media in his and his brand's success. He had once revealed that "he has only a 10% role in the making of Patanjali, the rest of the credit goes to the media".
Ramdev is the face of Patanjali, although the majority stakeholder is Balakrishna. By choosing Baba Ramdev for promoting Patanjali products, the company was able to show that Patanjali products make you healthy and fit. Patanjali also popularised its products in Baba Ramdev's yoga session.

Affordable pricing The second key factor behind Patanjali's success is affordable pricing. Almost every Patanjali product is sold at a reasonable price to attract consumers. Even the makers revealed that they have a small profit margin. But one must note that Patanjali's costs are less due to the procuring of raw material directly from the farmers without including any middleman. So it's able to earn high profits.

Strong Distribution Network One must have seen that in the beginning, Patanjali products could be purchased only from some selected shops. But there was a significant problem with this conventional distribution network. The products did not reach a wider audience & makers identified this problem and switched to retail distribution in 2011. This helped the company to broaden its reach, which further helped in raising the revenue.
It has also partnered with prominent retail outlets like Reliance Retail, Future group etc. and signed a partnership agreement with Amazon for the online distribution of its products.

Swadeshi tagline Patanjali used the 'Swadeshi' tagline to attract Indian buyers. In almost every Patanjali ad, we see Ramdev promoting his product by saying that 'Indians must buy Indian products. This strategy did wonders for the company, and the company attracted a vast number of customers.

Product Quality Patanjali products are cheap, but they never compromise quality. This unique combination of quality and affordability also contributed to Patanjali's success.

Range of Products Patanjali offers a wide range of products. There's hardly any household product that Patanjali doesn't manufacture. In this way, Patanjali has been able to earn considerable revenue due to its diversified products. Even when one Patanjali product failed, the overall business remained intact due to the popularity of other products.

Experienced Staff Another factor that makes Patanjali different from other brands is its staff. Unlike corporates that hire MBA professionals, Patanjali looks for Science and Ayurveda degree professionals. This ensures that the staff is experienced in ayurvedic products.

Patanjali Ayurveda: Future Plans

To promote Patanjali in the food and grain market, Patanjali will tie up with famous brands. It has already tied up with online stores like Bigbasket and Amazon.

The company will soon venture into the jeans business. But this idea has been dropped for now as Baba Ramdev does not find any connection between Swadeshi products and the jeans business. He considers it to be against Indian values.

The brand is also willing to launch Quick Restaurant service, which will provide various vegetarian fast foods.

Patanjali had also started a telecom service named Kimbho app. But unfortunately, it was closed due to security concerns. So there are chances that Patanjali will launch its revamped version in future.

Controversy about Coronil

The rising Covid-19 cases compelled the world to look for COVID-effective medicines. Various pharmacy brands came forward with their medicines. Baba Ramdev's Patanjali brand also came up with an Ayurvedic medicine named Coronil. It was claimed that it could treat a COVID infected patient.

But it was later disclosed that all these claims were false. No legitimate testing was done before launching Coronil. This brought considerable criticism to the company. The Ayush Ministry also filed an FIR against Baba Ramdev and Acharya Balakrishna for false Ayurvedic medicine.

Patanjali Ayurveda: Holding the Market

Patanjali has been a successful brand. But unfortunately, Patanjali is losing its stronghold over Indian markets. Due to this, Patanjali has recorded a decline in annual revenue. It has also attracted criticism due to its Coronil medicine.

Therefore to keep Patanjali's business intact, Balakrishna and Ramadeva have to develop a strong strategy. It will remain interesting to see how they bring Patanjali back into the race.

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Acharya Balkrishna's Ayurvedic Empire: Patanjali Success Story

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How Patanjali Clocked Rs 10,000 Cr Revenue: Marketing Study Patanjali is a famous Fast-moving consumer product brand. From food products to soaps and shampoos, it deals in almost every household product. It has become one of the highest revenue earning companies in the past few years.

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From Foodiebay to Zomato: A Success Story by IIT Grads

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From Foodiebay to Zomato: A Success Story by IIT Grads

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India’s $1B worthy Delivery startup “zomato” was founded by two IIT grads, Deepinder Goyal and Pankaj Chaddah.  Zomato is now set to launch its IPO at $7 B valuation.

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Zomato Success Story: India's $1B Worthy Delivery Start-up

Do you recollect, when was the last time you ordered something from Zomato? I'm sure you would come with an answer which will not be more than 6 months ago. We all might agree on this, Zomato is comfortable. It is every introvert's dream come true who doesn't like small talk. In this modern world, when we're unable to cook or bored of dal khichdi, we simply order it from Zomato (or Swiggy for that matter). But it's not only the consumers who swear by Zomato, even Restaurant owners love the idea of not having to deliver orders themselves. It saves time, giving them the ability to take up as many orders as possible for a little amount of fee.

I wouldn't ask you to imagine a world without Zomato, because I know it would be tough; for you, for me, and every millennial, Gen-Z. In 2020, Zomato reported having generated revenue of $394 million. And in the times to come, Zomato is going to launch its IPO for a valuation of $6-8 million, and with this; the company is likely to raise $750 million to $1 billion. But let's track back a little bit and understand how a small start-up became a multinational restaurant aggregator.

The Starting Point of a Startup

It all started, when 2 IITians from Delhi were working as employees for a company, namely Bain & Co. It was lunchtime, and Deepinder Goyal and Pankaj Chaddah came across their colleagues who were struggling to acquire a menu card of restaurants. And this is when the duo came up with an idea to develop an app that would give one access to every restaurant's menu card.

'Foodiebay' was founded in July 2008. It initially started in Delhi but later it got expanded to the metropolitan cities. It changed the life of their colleagues and friends. Menu cards became easily accessible with no hustle whatsoever. But there was something that bothered the duo. The fact that 'Foodiebay' sounded similar to 'eBay, another e-commerce website, and therefore to eliminate the confusion, the founders renamed it 'Zomato' on 18th January 2010. 'Zomato' became an easy to remember, a catchy name with a loyal customer base. And this is when they saw the need of making their app more user-friendly to attract and retain new consumers.

Investments

But of course, expanding and developing comes at a cost, and to meet their funding requirements, they approached Sanjeev Bikhchandani, an optimistic about the internet and owner of InfoEdge. He showed great interest in the company and ultimately decided to invest in the idea. InfoEdge India invested up to 1 million USD in 2010.

Later, in the same year, they invested 3.5 million USD, followed by 10 million USD in the next year. Today, InfoEdge owns a 50% stake in Zomato.

Zomato kept on receiving funding consistently from investors who believed in the success of the company. To name a few, a Singapore-owned government company, Temasek, invested 60 million USD; Ant Financial invested 210 million USD in 2018 and acquired a 10% stake in the company. Vy Capital and Sequoia Capital are also active investors.

Growth and Expansion

In 2012, Zomato, grabbed this opportunity, to expand its business to United Arab Emirates, Sri Lanka, United Kingdom, Qatar, Philippines, and South Africa. The company didn't stop here. In the coming years, they also expanded their operations to many other times like Brazil, Indonesia, New Zealand, and Canada.

To mark its entry in the US and Australia, Zomato also acquired Seattle-based food portal 'Urbanspoon'.

In 2011, to create excitement among the food lovers Zomato also introduced a .xxx domain. This allowed the consumers to watch food porn (yes, it's a thing)

In January 2020, Zomato acquired a rival- company 'Uber Eats' of 350 million USD. This deal opened Zomato's door to create a strong footfall in the southern states of India.

To promote dine-in, Zomato introduced a "Zomato Gold" membership subscription which later got renamed to "Zomato Pro". This gave the subscribers additional benefits like 1+1 on food or drinks, discounts on select restaurants. This was an initiative taken for the foodies who loved dining out instead of ordering in.

Zomato during the Pandemic

When the Covid-19 pandemic hit the world, Zomato also made a point to introduce contactless delivery to combat the situation. With this, they also promoted online payment services by offering attractive discounts on them. This initiative aimed at a hassle-free dining and ordering experience for its consumers.

Since groceries were the need of the time, the company took up the challenge and introduced delivery of groceries for its customers but sadly, the business didn't profit well and instead burned more cash.

The Marketing

One of the factors that contributed to the growth of Zomato is hands down their amazing marketing strategy. From Google ads to witty tweets, Zomato has everything in the store. The Cost per Click (CPC) of Zomato is 10$ less than that of Swiggy which has a CPC of 30$. This creates a good amount of traffic for less money. With a successful SEO strategy, Zomato gets 24 million visitors on their website per month. Zomato's presence on social media platforms is also strong.

Mr. Pramod Rao, Zomato's VP of marketing, said that they always focus on sustaining the originality of their ads and campaigns. And this has worked well for them as you may agree when I say this every Zomato ad gets our attention.

Conclusion

According to the founders, Deepinder Goyal and Pankaj Chaddah, a company's success relies on hiring the right person for the right job.

The founders didn't focus on earning money. Zomato grew organically and strategically. And now Zomato has around 11.2 million subscribers in India. It is currently present in 24 countries and over 10000 cities.

Never have a bad meal, because Zomato has got your back. When you can order from trained chefs why eat amateur meals?

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From Foodiebay to Zomato: A Success Story by IIT Grads

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Zomato Success Story: India's $1B Worthy Delivery Start-up Do you recollect, when was the last time you ordered something from Zomato? I'm sure you would come with an answer which will not be more than 6 months ago. We all might agree on this, Zomato is comfortable.

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Story of Ola Cabs: India’s Answer to Uber

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Story of Ola Cabs: India’s Answer to Uber

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Ola is a technology-powered cab-hailing service founded by Bhavesh Agarwal. See how OLA cab caused disruption in the vehicle market and has made ola an indispensable part of our lives.

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Bhavesh Agarwal's Secret Ola Story: Innovation & Change

These days' traveling in metro cities is a colossal issue due to traffic snarls everywhere. Certainly, people never used to get taxis on time to reach their workplace and other destinations. But, this problem made a profound impact on two young IIT-Bombay graduates who became determined to create a solution.

The young graduates introduced a technology-powered cab-hailing service by the name, Ola Cabs. The firm has become a premier means of transport for the majority of Indians. The disruption it has caused in the vehicle market has made it an indispensable part of our lives.

Ola Story - Agarwal's Early Life

Ola Cabs is a modern age startup founded by two IIT-Bombay graduates Bhavesh Agarwal and Ankit Bhati in 2010. The duo has come a long way in this journey from scratch to a unicorn startup.

Well, to take you down memory lane, Bhavesh Agarwal passed out of IIT in 2008 with a degree in Computer Science and started working in Microsoft as a Research Intern. But deep down he was always eager to be an entrepreneur.

Not many people know that before working on the OLA story, he also turned into a blogger and started his blog called destitech related to startups and everyday innovations in the tech world.

One fine day, he took the most revolutionary step of his life and decided to take giant strides towards the path of entrepreneurship. He quit his highly paid job in Microsoft and started an online travel company that aimed at providing short-duration trips to people.

Ola Story - The Idea

The idea of Ola came when one day he was traveling from Bangalore to Bandipur and faced a nasty experience while dealing with the rented car driver.

He felt a gap and decided to mitigate this problem of transportation people face in their mundane life.

One trait which differentiates a successful entrepreneur from his unsuccessful counterpart is the power of execution. Bhavesh immediately got an idea and started working on the Ola story.

Bhavesh roped in his friend and college mate Ankit Bhatti and officially founded Ola Cabs in 2010.

Ola Story - Early Stages

Both the founders had ideation of bridging the gap between taxi drivers and commuters by commuting technology but initially, it was cumbersome to fulfill.

The business model was to connect the taxi drivers to commuters through the internet or mobile application without purchasing any taxi which means a zero inventory business.

The commencing challenge was to make a user-friendly app. Ankit was unceasingly coding the app for 36 hours and Bhavesh used to go to seek drivers to register with their company.

They also drew in developers to make a first-hand user-friendly app for iOS and Android users. The Ola story was going on to its fullest possibility.

They faced a lot of difficulties but still possessed a dogged attitude and their diligence is proven by the fact that in some instances Bhavesh himself had gone to take commuters to their destinations when drivers didn't arrive on time.

Fortunately, they got their first round of funding from Snapdeal founder Mr. Kunal Bahl. They zeroed in on improving their user experience.

Ola Business Model

By deploying modern exponential technology, OLA CABS acts as an intermediary between taxi drivers and common people. The business model is uncanny in the way that one can book a cab by connecting to a cab owner with just one click on a smartphone.

Drivers register them on the app voluntarily and get their Ola license and the firm charges a 15% commission on total trips. It creates a win-win situation for both, drivers and the company, as drivers are getting more employment opportunities in consideration of a commission to the company.

Ola Story - Real Struggle

In the early days of the startup, Ola Cabs used to give drivers 5000 a day without any salary with the desired criteria met. But as the company started consolidating, they reduced it to Rs 750 a day

If we delve deeper into the Ola story, then it unravels that the founders struck the hammer when the iron of growing penetration of the internet was hot. India was undergoing a sea change to become a digitized economy due to which OLA decided to have its share of cake in it.

The connectivity issue it has addressed has resulted in its unmatchable growth thanks to which today it is valued at more than $ 5 billion.

To allure more customers, it resorts to efficient marketing tools like giving a discount on the first five rides or giving rewards of different kinds.

Women's Safety is an issue which the whole nation is grappling with so to combat this problem, there is a rating system on the application through which we can validate the credibility of the driver. Besides this, if any woman sees any dark sign, they can immediately report through the inbuilt features in the app.

Ola Story - Today's Scenario

With perseverance and cutting-edge technology, Ola Cabs has reached Tier 1 and Tier 2 cities. The pace at which the company has scaled up and grown its pan- India presence is unbeatable, kudos to a unique business model for solving a large-scale problem at such ease.

It has expanded to 250 cities with a network of 1.5 million drivers in India. The cherry on top of the cake is that it is setting its footprints globally as it has diversified into countries like UK, Australia, and New Zealand.

It is not hard to believe that with such impeccable growth OLA has amassed more than 60% of the Market share with more than 200000 bookings each day. One thing which makes it distinctive from its competitors that it is diversifying into synergies by spending money on research and development.

To exemplify, it has acquired Foodpanda and entered into the market of selling groceries online. Also, it is venturing out new technologies like e-bikes and e-rickshaws by deploying Artificial Intelligence.

Conclusion

The Ola story has materialized into reality through a great vision of a user-friendly and market fit product that has given solace to daily commuters. The company has leveraged its growth by giving choices of rides to offering membership bargains.

Time to Time innovation by using modern cutting edge technology and making the product easier to use are pre-requisites to the success of a startup. These steps have contributed to the success and prosperity of Ola Cabs. There is a future rich in growth and progress arriving for the modern age startup.

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Story of Ola Cabs: India's Answer to Uber

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Bhavesh Agarwal's Secret Ola Story: Innovation & Change These days' traveling in metro cities is a colossal issue due to traffic snarls everywhere. Certainly, people never used to get taxis on time to reach their workplace and other destinations. But, this problem made a profound impact on two young IIT-Bombay graduates who became determined to create a solution.

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Unheard Startup Story Of Instagram: Why Facebook Bought it for $1B?

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Unheard Startup Story Of Instagram: Why Facebook Bought it for $1B?

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Instagram is a platform where you can showcase your talent by sharing videos and posting pictures and stories or creating reels. See the unheard startup story of Instagram and how Facecebook bought it for $1B.

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Instagram Success Story 2021: The Strategy in Founder's Mind

If I talk about Instagram, then it's a boon for all of us; it's a platform where you can showcase your talent by sharing videos and posting pictures and stories or creating reels. Instagram has always evolved with time and keeps us update. It is used by millions of people and is heading with a mobile app that allows people to share their videos, photos, and it's just a button away. The app has become a popular way to connect with various brands, celebrities, and influencers through family, friends, and more. Instagram has some amazing features like IGTV, live streaming, and some cool reels that grab viewers' attention.

FOUNDER OF INSTAGRAM

KEVIN SYSTROM Kevin Systrom was born in America on 30th December 1983; he is an entrepreneur and a computer programmer, and CEO of instagram. Then and there, Instagram became a faster-leading app in today's era with 1.16 billion users in 2021. He resigned as CEO of Instagram on 24th September 2018. Kevin Systrom is the actual man behind Instagram, and under him, the giant was developed and became the most used app in today's time.

MIKE KRIEGER Mike Krieger was born on 4th March 1986; he is a software engineer and an entrepreneur who founded Instagram with Kevin Systrom and served as chief technology officer. Born in Brazil and did his studies at Stanford University, he met Kevin Systrom, and then the story began, and they founded and launched Instagram on 6th September 2010.

HISTORY
Kevin Systrom has worked in Google as a corporate development associate and interned at Odeo. Systrom didn't have any basic knowledge of computer Science but somehow managed to learn to code. He developed a prototype of a web app called Burbn, and it allowed the users to post their plans, check-in, and share their photos. The photo-sharing feature of Burbn was unique. In the first week, Instagram was downloaded more than 100,000 times.

The two founders laid their idea in mind and created the largest sharing photo app. They both worked together on Burbn app as it was similar to Instagram that had the same features. Mike and Kevin removed Burbn and created a new platform in the name of Instagram. Later, the duo made multiple modifications.

Then finally, Instagram came into existence on 6th October 2010, and on the first day, Instagram had 25,000 users. The new business allowed both of them to hire more people. By the end of 2012, its users reached 27 million. Zuckerberg and Systrom made a deal to purchase Instagram for about $ 1 Billion in cash and stock, with the provision that the company would remain independent.

WORKING OF INSTAGRAM

Sign up for an Instagram account

You can log in with Facebook or

Provide with username, email address, and password

You can even create multiple accounts

EVOLUTION OF INSTAGRAM In 2011
Instagram added a feature named hashtag # hash tag to rank your content and categorize it and make it more discoverable.

Instagram gained around 30 Million users in 2012 and received an offer from Facebook chief executive officer Mark Zuckerberg who requested them to sell the app. The app was sold around 1$ Billion dollars.

There was again a new feature in Instagram in which brands can pay for sponsored posts. In December 2013, Instagram Direct was launched. It allowed users to interact through private messaging.

Instagram reduced its size and created an app called Bolt. It's a messaging app that allowed users to click on a friend's profile photo and send a picture that would vanish after being seen.

Instagram Hyperlapse was launched. It's an app that allowed users to record videos for an hour and then turn them into fast time-lapse footage. In August, Instagram added support for widescreen videos. In September, new updates were released. Later in October 2015, the Instagram boomerang was launched.

Instagram added up a feature to switch their accounts to business profiles. It was created to check on analytics and see how the contents posted by different brands were doing. In March, Instagram increased 15-second video limits to 60 seconds. And after three months, Instagram stories came up, and initially, Instagram changed its logo.

A significant change was made now a multi-video post came up in February 2017. Now, anyone could upload up to 10 min of video on Instagram

Instagram updated a new feature named Instagram portrait mode, and this allows users to blur the background of a photo or video while keeping the subject in focus.

There was a launch of a brand new camera for Instagram stories, a revamped camera design, and a new camera mode called create mode.

Instagram launched a brand new donation sticker for Instagram stories to raise money for a nonprofit organization.

Instagram introduced live room chats
To start live room chats -

Open Instagram account

Swipe left and tapped the live camera option

Add title and tap the rooms icon to add another

Search for guests to add or let in the people who have requested to go live with you.

Now you can gain deleted contents by Recently deleted features.

Final Words

Instagram's growth took the lead by 2010, and by March 2012, the user base grew to 27 Million, and by April 2012, Facebook bought them out for $ 1 Billion. In 2021 Instagram is all about business 80% of users follow a business account on Instagram. Some of the business accounts on Instagram are National Geographic, Nike, and NBA. Instagram has been estimated to be worth $100

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Unheard Startup Story Of Instagram: Why Facebook Bought it for $1B?

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Instagram Success Story 2021: The Strategy in Founder's Mind If I talk about Instagram, then it's a boon for all of us; it's a platform where you can showcase your talent by sharing videos and posting pictures and stories or creating reels. Instagram has always evolved with time and keeps us update.

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BharatAgri Story: Startup Set to Revolutionize Farming

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BharatAgri Story: Startup Set to Revolutionize Farming

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BharatAgri is a startup that was listed on “30 under 30” list of Forbes 2020. BharatAgri is a Smart Farming Technology Platform for Indian Farmers. BharatAgri helps farmers to adapt Smart Agriculture Methods by means of a Smart farming app.

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Startup Story of BharatAgri: Smart Farming Made Easy

Despite India's rich agrarian history, in the past few decades, it has been felt that our technological advancement hadn't caught up with our farming culture. And that was the reason why the industry is dwindling, and the youth don't want to find a career in it. Over the last few years, both the public and the private sectors have invested in agritech aids and startups to tackle this issue.

BharatAgri is one such startup that is trying to bridge that technological gap one step at a time.

BharatAgri: Founders

Sai Goel and Siddharth Dialani co-founded BharatAgri. A few years after graduating from IIT-Madras, they started LeanAgri, in Pune, in 2017. LeanAgri was later renamed as BharatAgri.

Sai Goel and Siddharth Dialani co-founded BharatAgri

BharatAgri Idea

While Goel and Dialani were students, they were part of IIT-Madras's Centre for Innovation. It is a lab that orients students to create their products. Sai Goel says in an interview with Forbes that they were committed to creating something unsophisticated, something people without specialized skills could use. A year after graduating, they stayed on a five-acre farm in Pune to get a first-hand feel of how things worked. Other than that, Goel's family was into farming for 30+ years, which too factored into her knowledge of the field.

Founder's Vision

Dialani spoke about their vision while creating the startup, "We realized Indian farmers earn less because of the unavailability of scientific knowledge. They needed a personalized solution."

BharatAgri: How does it work?

In founder Sai Goel's own words, "You can consider it as a smart farming advisory. Using daily step-by-step instructions for farmers, we make sure that they get personalized advisory and insights about the soil, water, and weather conditions in their farmlands."

BharatAgri works in a business-to-farmer or B2F model, where they directly deal with the queries of their customers without any middlemen. While they have a website and an app where customers can sign up and communicate their issues with a team, they also offer help via WhatsApp, SMS, and Interactive Voice Response (IVR) calls.

Products BharatAgri Offers:

Weather-based Advisory This feature helps protect the farms and is currently exclusively available on the BharatAgri App. Farm owners can "get actionable agronomy insights based on changing weather". These insights can be customized based on the crop.

Chat with Expert Customers can connect with experts at each stage of the crop. Crop related issues can be shared with Agri Doctor or Krishi Doctor to get instant expert advice.

Personalized Crop Calendar Calendar log for crops that help manage each stage of growth. It also allows experts to observe these stages alongside the farmers.

Crop Advisory It provides aid with farm security from sowing till harvesting. Shows real-time crop protection updates and offers an efficient crop management advisory platform.

Soil Testing It helps in understanding the nature and the nutrient profile of the soil in the farmland. The BharatAgri soil report can guide the farmers regarding the amount of fertilizer to use.

Farm Mapping It offers farm solution tailored to particular farms, as every farm differs in "oil, land area, water, weather and crop". The goal is to understand the farm entirely and improve crop production capacity. All this works using an extremely advanced crop schedule specific to the farm conditions.

Water Testing This feature helps to map out the irrigation mode of a farm. Keeping in mind, the crucial role groundwater plays in crop cycles. They test the quality and suitability of the water according to the planned crop.

Premium Services by BharatAgri:

Farm to Market Assistance They guarantee the quality and quantity of produce sent into the market. They also promise residue-free crops.

Bank Assistance They help farmers manage their credits while giving financial assistance to each crop cycle.

Insurance They offer insurance to minimize the risks of crop failure & also make personalized crop plans based on the economic status of the customer. They also help in the geo-tagging of farms.

Agri-input Companies They do appropriate product placement for these companies while also conducting cost-efficient demonstrations of their products. They make sure the right products reach suitable crops and farmers.

BharatAgri: Milestones

BharatAgri started as LeanAgri in 2017 in Pune.

It scored the UberPITCH competition in March 2017, resulting in an investment of $50,000 (₹35 lakh) by Uber into the startup.

BharatAgri was part of the 2018 batch of the JioGenNext Programme. Insights from the programme were crucial in switching from B2B to B2F or B2C strategy.

In October 2020, BharatAgri raised $2 million in their pre-Series-A funding. Some of the leading investors were Binny Bansal-backed 021 Capital, Better Capital and Ajay Prabhu (COO, Quest Global), and India Quotient.

With the help of this funding, BharatAgri aims to penetrate deeper into the market and scale to 5 million farmers and 500,000 premium users.

In 2020, BharatAgri was among the 20 Indian startups shortlisted for the Google for Startups Accelerator India programme.

To Conclude
Agritech businesses are popping up at a brisk rate, and both the founders of BharatAgri believe that the emergence and existence of competition bode well for them. Siddharth Dialani commented regarding this, "We need 10 times the number of agritech startups we currently have. It is good if more startups participate and help us educate farmers to move from traditional practices to adopt the latest technologies available."

Hence, the growth of agritech in our multi-billion dollar farming industry is not only crucial for startups like BharatAgri but also for the farmers themselves. But it remains to be seen, as the competition gets denser, how startups like BharatAgri manage to survive and thrive in this new ecosystem.

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BharatAgri Story: Startup Set to Revolutionize Farming

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Startup Story of BharatAgri: Smart Farming Made Easy Despite India's rich agrarian history, in the past few decades, it has been felt that our technological advancement hadn't caught up with our farming culture. And that was the reason why the industry is dwindling, and the youth don't want to find a career in it.

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Bringing Revolution in Indian Dairy Industry: Aadvik Foods Story

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Bringing Revolution in Indian Dairy Industry: Aadvik Foods Story

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Advik food a camel based dairy and essential products industry founded by a engineer, Hitesh rathi is bringing a change in the milk habits of Indians.

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Camel Milk Producer Aadvik Foods Startup: Story of Pioneer

"Fortis Fortuna Adiuvat," this Latin phrase means Fortune Favors the rave. It is the case of the owner of Aadvik Foods, Hitesh Rathi. He is an engineering graduate turned entrepreneur. He formed a business giant which sells camel milk and camel dairy products. Hitesh had very tough days getting along with his entrepreneur career as he was from an engineering background. In this article, we will discuss the ebb and flow of the startup story of Aadvik Foods and its proprietor.

Aadvik Foods: About

Aadvik Foods is a Rajasthan-based company that deals in camel milk and camel dairy products. Camel milk and its products have been in demand in the world for its medicinal benefits. It is considered a very healthy food and home remedy for many ailments like diabetes, cancer, heart diseases, and autism. It has proved itself to be an immunity-boosting food. But it was tough to enter into the Indian dairy industry as camel milk was a new niche, and factors were considered before entering. Aadvik foods made a lot of fame in this industry as it is one of the first Indian brands to process camel milk.

The company has helped many camel breeders to create a better standard of living by giving them a source of income. It now produces various camel milk products like,

Camel Milk Chocolates

Soap

Cleanser

Flavored Milk, And Many More Products.

Aadvik Foods Founder: Hitesh Rathi

Hitesh Rathi founded it in 2015 in Delhi, and in 2017 Shrey Kumar was made the co-founder of Aadvik Foods to reach new heights. Hitesh Rathi is an engineer turned entrepreneur. He quit his civil engineering job to start something of his own, which was his first choice. He invested only Rs 2 Lakh during the starting of his company. In the early days, he alone handled all the business operations, from managing orders on the website to deliver milk to all his clients in the whole Delhi NRC region. Initially, he got orders through the ads posted on Facebook and Instagram.

Hitesh Rathi - Aadvik Foods Startup

Aadvik Foods Idea

Hitesh says, "In Myanmar, I realized that I could not spend the rest of my life working for somebody. I left the job and started researching the market," in an interview. It was solely not his idea; rather, it was an idea from a discussion with his friends from his college days. His friends gave him this idea as Hitesh was from Rajasthan. The business was running smoothly, and in one year, there was a whopping turnover of Rs 67 lakh.

Aadvik Foods: Business strategy

It is the first Indian firm to manufacture, brand, and market camel milk and camel milk products in India. It has been doing well with its products as they are being used globally by the customers and has a turnover of Rs 4 Crore. Aadvik started with just one SKU in 2015. Now, it has about 40SKUs. How did it happen? Here is the answer to it.

Aadvik directly make agreements with camel breeders of Gujarat and Rajasthan

Removed chances of any middleman which made sure the profit was between the breeders and the firm

New technologies for new products

Products launched were of high quality and were mutually healthy

Camel milk removes chronic diseases like cancer, autism, heart diseases

Specialized packaging was done of milk to ensure the shelf life is 60 days in frozen form and 9 months in powdered form

Dieticians and YouTubers were hired to create awareness about the product

Collaborating with e-commerce giants like Amazon, Flipkart, BigBasket, Dhoodhwala, etc

All these factors contribute to a huge fan base of the products of Aadvik. It even made itself to top-selling products of many e-commerce giants, resulting in the export of products globally. U.S.A, Malaysia, Singapore, and the Philippines are the countries where Aadvik has made a strong distribution network.

Aadvik Foods: Revenue

The dairy market has grown exponentially after the white revolution. And, camel milk market is in its early stage, so it is difficult to assume its growth percentage in the coming years. But it is a much better alternative to cow and goat milk. Aadvik Foods sales have been getting better every day. On a daily basis, the company receives more than 150 orders for camel milk and its products.

The revenue for the company is listed below.

In FY 2017 - 65 Lakh

In FY 2018 - 5.4 Crore

In FY 2019 - stagnant growth of 30% revenue

In FY 2021 - expected to see 70%- 80% revenue growth

Aadvik Foods: Products

Aadvik Foods have not only made food products out of camel's milk but also daily use essentials. Here is a curated list of products that the company produces for global users.

Camel milk (flavored/unflavored)

Camel milk Soap

Camel milk powder

Camel milk chocolates

Camel flavored milk

Camel milk skincare essentials

Aadvik Foods: Competitors

As an emerging startup in the dairy sector, it faces a lot of competition from large firms like

These are all big names in the dairy industry, but Aadvik has made its sales decrease with its nutrient-rich products.

Aadvik Foods: Awards

With its modern technology, like the freeze-drying process to manufacture milk powder from camel milk to preserve the quality, taste, flavor, mineral, and nutrients, has given Aadvik some advantages over other brands. It helped it secure some accolades, namely,

Bootstrapped Business of the Year

Social Impact Sector in Tech 4 Raj

Recognized startup by Government of India

Aadvik Foods: Moving into Future

Camel dairy market sales reached a value of $5.64 billion in the year 2018. And, it is expected to grow much bigger than those numbers. So, Aadvik Foods has just started to get into the business and has done it in an impressing manner. Aadvik plans to launch goat milk to expand its business and make its iconic product, camel milk, the next superfood in the world.

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Bringing Revolution in Indian Dairy Industry: Aadvik Foods Story

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Camel Milk Producer Aadvik Foods Startup: Story of Pioneer "Fortis Fortuna Adiuvat," this Latin phrase means Fortune Favors the rave. It is the case of the owner of Aadvik Foods, Hitesh Rathi. He is an engineering graduate turned entrepreneur. He formed a business giant which sells camel milk and camel dairy products.

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India’s BharatPe Startup Eyes Unicorn & $2.5 Billion Market Valuation.

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India’s BharatPe Startup Eyes Unicorn & $2.5 Billion Market Valuation.

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Bharatpe a Indian startup company that was founded on the Simple QR Code payment solution idea. The idea is now targeting $2.5 Billion valuation.

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Indian Regional Language Startup Pratilipi – Storytelling Platform.

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Indian Regional Language Startup Pratilipi – Storytelling Platform.

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Pratilipi a storytelling startup company that was started by 5 friends connects both readers and writers. Pratilipi is India's one of the largest digital platforms which help in connecting millions of writers and readers with vernacular languages.

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Pratilipi - Karnataka based $265 Million Valued Storytelling Startup

Pratilipi is a Karnataka-based online platform that offers services for readers and writers. It is a digital storyteller and an online self-publishing portal set up six years ago in September 2014. It is available in many languages such as English, Hindi, Bengali, Gujarati, Malayalam, Marathi, Punjabi, Odia, Telugu, and Urdu. The startup also supports sharing of stories & articles with fellow readers and helps to connect the writers and the readers directly and indirectly without any hassle or discomfort.

Note: Startup's Name "Pratilipi" is derived from a Sanskrit word meaning "you become what you read".

Pratilipi - Indian Storytelling Platform

Pratilipi is India's one of the largest digital platforms which help in connecting millions of writers and readers with vernacular languages. Thousands of articles, stories, novels, essays, magazines can be read on this platform is free of cost. People can embrace their writing skills by publishing their articles. It performs self-publishing which has made Pratilipi one of the largest communities of writers.

Fun Fact: The CEO of the company Ranjeet Pratap Singh wants to predict the next Harry Potter Series and 50 shades of grey so that the company makes more income.

Pratilipi Startup - Key Points

Founders : Ranjeet Pratap Singh, Prashant Gupta, Rahul Ranjan, Sahradayi Modi, Sankarnarayan Devarajan.

Founded : September 2014

Type : Digital storytelling platform

Headquarters : Bangalore, Karnataka, India

Website : www.pratilipi.com

Pratilipi Success - Founders

Pratilipi was first launched by Ranjeet Pratap Singh, Prashant Gupta, Rahul Ranjan, Sahradayi Modi, and Sankarnarayan Devarajan to educate people about Indian languages. Here is some information about each founder:

Ranjeet Pratap Singh Ranjeet Pratap Singh is the co-founder and the CEO of Pratilipi. He was a former employee at Vodafone and pursued his BE from KIIT University, Bhubaneswar

Prashant Gupta Prashant Gupta is the Co-founder and the CTO of Pratilipi. He has pursued BE from the Birla Institute of Technology and Science, Pilani

Rahul Ranjan Rahul Ranjan is the Co-founder of Pratilipi. He has pursued his education from KIIT, Bhubaneswar and was also a former employee at the TCS

Sahradayi Modi also called Shally Sahradayi Modi is the Co-founder and the Product manager at Pratilipi. She started her career by working at Vodafone and DHL and has an MBA and MSc degree from SP University Vadodara.

Sankarnarayan Devarajan Sankarnarayan Devarajan is the Co- founder of Pratilipi. He was a former worker at Vodafone, Capstone, and Boroe. He has a BE which he pursued from Anna University and also holds an MBA degree from FMS, Delhi.

Pratilipi Success - Founders

Pratilipi Revenue Model - Commissions from Books

This online platform makes it easy for book lovers to read anywhere and anytime without any hassle and is a platform that is available in twelve different languages. The books which are sold by the authors on this platform make Pratilipi earn over 70%. This app mainly works through commission. Several Indian authors and writers contribute towards the earning of the company.

Pratilipi Startup - Funding and Investors

Investors Pratilipi is funded by 22 investors and the major names include

Krafton,

Vidit Aatrey,

Ranjeet Pratap Singh,

Gaurav Munjal,

Sahil Barau,

Hemesh Singh,

Mekin Maheshwari,

Amit Aggarwal,

Omidyar Network,

Nishith Rastogi.

Note: During the first stage of launching the company was self-funded. An amount of Rs. 3,000,000 funds were raised by the TLabs in March 2015. In 2016 an amount of US$ 10, 00,000 was funded by Nexus Venture Partners.

Funding Pratilipi has risen over $80.6 million in funds. The total amount was raised in over 7 rounds. The most recent fundraised by Pratilipi was on 14th July 2021 By Krafton with an amount of Rs. 3.6 billion.

Pratilipi Story - Competitors

Pratilipi Startup - Awards

Eureka Award for the Best Business Idea by the IIT Bombay

StartUp Launchpad Award for the best startup.

Fun Fact: In February 2020, the app was used by 20 million users monthly which rapidly changed to 20 million users monthly.

Pratilipi - Connecting Regional Writers & Readers

So, this was all about Pratilipi, an Indian platform that helps people to connect by writing and reading. It was started in the year 2014 and has over 2 crore users active. This is a platform that provides reading materials without even downloading any files and had immense growth in the year 2020. This platform had a vast change in a very short period with the introduction of new products to the market.

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Indian Regional Language Startup Pratilipi - Storytelling Platform

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Pratilipi - Karnataka based $265 Million Valued Storytelling Startup Pratilipi is a Karnataka-based online platform that offers services for readers and writers. It is a digital storyteller and an online self-publishing portal set up six years ago in September 2014. It is available in many languages such as English, Hindi, Bengali, Gujarati, Malayalam, Marathi, Punjabi, Odia, Telugu, and Urdu.

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Yash Jain NimbusPost – The Startup that Carries E-commerce Sellers

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Yash Jain NimbusPost – The Startup that Carries E-commerce Sellers

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Founded in 2018, nimbus a logistic solution based tech startup that integrates shipping partners for E-commerce websites.

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Fresh Startup NimbusPost Grabs Logistic Tech Startup of 2021 Award

NimbusPost wants to create a logistic ecosystem that is tech-based and beneficial for all e-commerce retailers. The company determines to bring all the courier partners (local or national) on a single platform.

The company has set a benchmark for perfect logistics services. They offer 17+ courier options with unmatched benefits such as low shipping rates, early COD settlement, zero subscription cost, and more. They also give access to real-time NDR panel and API integration. In this write up, we will get to know more about this spectacular company.

Fun Fact : The logistics industry in India is expected to grow by $11 billion in the coming 3-4 years.

NimbusPost Startup - Key Points

Startup Name - NimbusPost

Founded - 2018

Founders - Yash Jain and Rajeev Pratap

Headquarters - Gurgaon

Industry - Logistics

Website - www.nimbuspost.com

NimbusPost Startup - Founders and Team

NimbusPost got founded in 2018 by Yash Jain and Rajeev Pratap. Both of them lead the marketing team and clients. The company has more than 200 members and, all of them work together to make a difference. All of them are between 25 - 40 years of age and experts in logistics and technology.

NimbusPost Success Story - Idea Behind the Company

Step 1 - Problem The shipping process for all the e-commerce retailers was a struggle because it depends on third-party courier partners. Online business retailers struggled with issues like delayed delivery, shipping issue, damaged package, etc. They had a dependence on the courier partners for their products and, it often leads to a bad customer experience and a loss to their businesses.

Step 2 - Solution With this startup, the founders determined to bridge the gap between the retailers and the buyers. They will minimize all the losses that the e-commerce retailers had to bear by giving them professional shipping services. The company brought the leading courier partners on a single platform to provide quick and hassle-free shipping services.

NimbusPost Founders - Yash Jain and Rajeev Pratap

NimbusPost Startup - Brand Name and Logo

Brand Name: The brand name signifies shipping. They wanted to name the company 'Parcel Post' but finally boiled down to the 'nimbus Post.

Logo: The logo of the company is a moving design that signifies smooth shipping.

NimbusPost Startup - Growth Hacks

The company's sole focus is on easing the shipping problems of all the online retailers. They have a seller-centric platform and, with their advanced technology, they are offering free sign-up benefits to their customers with unique features. Some of the growth hacks of the company are as follows:

Tech Front - The firm offers the most advanced technology platform for its clients.

Digital Footprint - They use the 360 of digital marketing space to create the buzz about the company and their etch-enabled platform.

Economical Pricing and Upgraded Services - The organization offers economical pricing to its customers and, they keep upgrading its services according to the need of their clients.

Traditional Marketing Point - Groundwork of the company has been the main factor in increasing their reach. They participated in various exhibitions, webinars, seminars, etc., to leave their footprint in the market.

Alliance Front - NimbusPost has focused a lot on its strategic alliances. It has helped the company to grow with the leaders of the industry.

NimbusPost - Awards and Achievements

Some of the awards won by NimbusPost are as follows:

Recognized for its efforts to provide enhanced logistics solution - By Outlook India, Hindustan Times

Logistics Tech Startup of the Year - By Franchise India

They gained more than 10,000 customers in just one year.

NimbusPost Startup - Competitors

Competition is a part of our life and, we can never dodge this fact. We all have to face a competitor in the market to show our performance. Some of the competitors of the company are as follows:

NimbusPost Startup - Challenges Faced

Some of the challenges faced by the company are as follows;

It was difficult to develop a tech-enabled platform using state-of-the-art tools.

They faced a challenge while enlisting the leading local and national courier partners to get maximum pin codes throughout the country for their sellers.

NimbusPost Startup Story - Partnership

NimbusPost has partnered with many delivery companies such as

Today, the company has expanded significantly in the logistics sector and collaborated with various companies to provide brilliant customer service.

NimbusPost Success Story - Future Plans

Some of the plans of the company are as follows:

Cross Border Logistics - Due to various legal restrictions, all e-commerce websites can't deliver their products across boundaries. NimbusPost wants to create a platform where this could be possible for online retailers. It will help them in getting more customers and growing their business.

Hyper-Local Delivery - This will help the retailers in having an exceptional distribution service. E-commerce websites selling food, pharmacy products, groceries, etc., will be able to deliver the products in minimal time to the doorstep of their customers.

Increasing Customer Base - NimbusPost already has more than 10,000 happy customers and, they register two million-plus transactions in a single day. The company plans to double this number by the end of this financial year by increasing its operational areas.

NimbusPost - Connecting Shipping Partners

NimbusPost is an outstanding startup that has made the work easier for a lot of online retailers. The market of online shipping is growing and, we need NimbusPost for sorting out these things. The beneficial offers given by them are a treat for all the e-commerce websites and, they are going to benefit a lot from this.

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Yash Jain NimbusPost - The Startup that Carries E-commerce Sellers

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Fresh Startup NimbusPost Grabs Logistic Tech Startup of 2021 Award NimbusPost wants to create a logistic ecosystem that is tech-based and beneficial for all e-commerce retailers. The company determines to bring all the courier partners (local or national) on a single platform. The company has set a benchmark for perfect logistics services.

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How this Simple CricBuzz Cricket News App Generated $7.8 Million in Revenue?

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How this Simple CricBuzz Cricket News App Generated $7.8 Million in Revenue?

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Cricbuzz Story - The Leading Indian Cricket News Platform

Cricket has been one of the most favorite sports in India and more than half of India's population either love to play or watch cricket. So, having a dedicated app that gives you all the information about cricket is needed for cricket lovers. The popularity of cricket is not going to die anytime soon and, it is only going to grow.

Cricbuzz provides all the news and updates related to this sport. It is a one-stop destination for all cricket enthusiasts. They also feature live cricket matches, team rankings, text commentary, videos, cricket statistics, etc. Let's get to know the story of this super cool startup.

Note : Cricbuzz has been successful in bagging a lot of sponsorships since its incorporation.

Cricbuzz Startup - Key Points

Startup Name - Cricbuzz

Founded - 2004

App Launch - 2010

Founders - Pankaj Chapparwal, Piyush Agrawal, Pravin Hegde

Headquarters - Bangalore, Karnataka, India

Owner - Times Internet

Languages available - English, Hindi, Tamil, Kannada, Bengali, Marathi, Telugu

Revenue - $8 million

Users - 60 million

Website - www.cricbuzz.com

Cricbuzz Startup - Idea Behind the Business

Cricbuzz got created to fulfill the desire of cricket lovers in our country. India is a country that got filled with cricket enthusiasts and, this app helps them a lot. The app covers all the information and recent updates about cricket.

Cricbuzz Story - Founders and Team

Pankaj Chhaparwal - He is the co-founder and CEO of the company. Pankaj completed his graduation from LD College of Engineering.

Piyush Agrawal - He is one of the co-founders of the company. He completed his engineering at IIT, BHU.

Pravin Hegde - Pravin is also one of the co-founders and CTO of the company.

Sarah Waris - She is a freelance contributor to the company.

Abhideep Das - He is the content strategist and Senior Producer of the company. He also worked as a creative producer for Kolkata Knight Riders.

Pankaj Chhaparwal - Cricbuzz Founder

Cricbuzz Startup Story - Brand Name and Logo

Cricbuzz is one of the leading cricket apps in India. It holds a significant share in the market but, it still has a lot of competitors. Some of the competitors of Cricbuzz in the market are as follows:

Brand Name: The name of the company signifies its work. It gathers the entire buzz around cricket and gives all the information to its users.

Logo: The logo of the company shows a ball which is the essence of the game.

Cricbuzz Parent Company - Times of India

Cricbuzz's parent company is Times of India. But the company is owned by Times Internet that is a subsidiary of Times of India. However, the company gets managed by the founders. It is one of the most famous digital products companies and, it has various subsidiaries. Some of its subsidiaries are MX Player, CricPlay, Dineout, Gaana, MensXP, etc.

Cricbuzz Startup - Business Model

The business model of the company is simple and sorted. They provide all kinds of details regarding cricket. The primary income source of the company is giving live scores to the users for a charge. They also run various advertisements and promotions on their website that is their secondary source of income.

Cricbuzz Startup - Revenue Model

Cricbuzz collects a considerable amount of revenue from the advertisements. They also earn from Adsense and Admob by sending live scores and news to its users and Telecom operators. These factors help the company to monetize its content.

Fun Fact: It bagged the title sponsorship of the test series of India v/s Sri Lanka in 2015.

Cricbuzz Story - Competitors

Cricbuzz is one of the leading cricket apps in India. It holds a significant share in the market but, it still has a lot of competitors. Some of the competitors of Cricbuzz in the market are as follows:

ICC (International Cricket Council)

ESPNcricinfo

Cricket Exchange

Crcketcountry

Sofascore

CricTracker

One cricket

Cricbuzz Story - Accomplishments

Some of the accomplishments of the company are as follows:

More than 100 million downloads.

It generates 3 billion page views.

It has 4.3 ratings on the Google Play Store.

The app is used by more than 60 million users worldwide.

It got ranked 406 in 2019.

It got ranked 40 by Alexa Internet.

Its website was the 7th most searched website in 2014 in India.

Cricbuzz Startup - Growth

Cricbuzz has seen remarkable growth since the launch of its website and app. Its website was the most searched site for cricket scores and updates during the 2015 World Cup and had over a million visitors.

Cricbuzz is one of the most preferred and desired destinations for all cricket enthusiasts. Its growth is the result of a massive number of visitors and users of the app and website.

Cricbuzz - Popularity

The app of Cricbuzz has got downloaded more than 100 million times and, it has around a million views on the Google Play store. The app is rated 4.3 by the users. Also, their website got used by over 60 million people all over the world. It also generates over 3 billion page views every year.

Cricbuzz - YouTube Channel

Cricbuzz also has its own YouTube channel. It has more than 2 million subscribers and around 500 million views on the videos. They post everything related to cricket and, its channel has more than 11 thousand videos.

Cricbuzz Story - Challenges

Some of the challenges faced by the company are as follows:

Competitors - Cricbuzz is one of the strongest players in the market. It has a good base of loyal customers. But the company still has a lot of competitors in the market. Most of them can give tough competition. Cricbuzz will soon have to come up with new strategies to overshadow its competitors.

Diversification in sports - India is no longer a country where people are crazy about just one sport. The diversification in sport is increasing and, people have started loving other sports. The shift in the attention of the viewers from cricket to other sports is decreasing their customer base. Cricbuzz will have to cover other sports to increase its customer base.

Cricbuzz - Cricket News at a Click

Cricbuzz is doing a great job providing all the notable news and updates about cricket to its users. It is one of the most famous and loved platforms for all cricket fans. Their social media campaign is also working significantly well to attract its viewers. They also come up with new challenges and games with the help of social media influencers. It is a great strategy to increase its followers and customer base.

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How this Simple CricBuzz Cricket News App Generated $7.8 Million in Revenue?

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Cricbuzz Story - The Leading Indian Cricket News Platform Cricket has been one of the most favorite sports in India and more than half of India's population either love to play or watch cricket. So, having a dedicated app that gives you all the information about cricket is needed for cricket lovers.

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PinkVilla Startup Founder – The Engineer who was a Bollywood Buff

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PinkVilla Startup Founder – The Engineer who was a Bollywood Buff

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PinkVilla is a one stop solution for all the Bollywood News, Gossips, and insights of your favorite celebrities. The idea was started by Nandini Shenoy in 2017 and is valued more than $20M.

Read more at: https://thedigitalyug.com/startup/pinkvilla-startup-founder-the-engineer-who-was-a-bollywood-buff

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Story of Nandini Shenoy's PinkVilla - One Stop Bollywood Insights

Pinkvilla has become a renowned brand in the entertainment industry and was founded in 2007 by a software engineer who loved Bollywood. The internet boom in the country has helped the company to grow and if you are a Bollywood lover too, then you must be familiar with this name. Now every individual can get to know about their favorite celeb in just one click. Pinkvilla has become a go-to entertainment website for all Bollywood lovers. Let's get to know the success story of this startup.

Pinkvilla Story - Key Points

Startup Name - Pinkvilla

Founding Year - 2007

Founder - Nandini Shenoy

Headquarter - Mumbai, Maharashtra, India

Industry - Entertainment

Website - www.pinkvilla.com

Pinkvilla Startup - Founder and Team

Pinkvilla got founded by Nandini Shenoy in 2007. She is an ex-Microsoft employee and an alumnus of NIT, Karnataka. Nandini is also a Bollywood lover and, her passion for the entertainment industry made her create a website for Bollywood. Now, the company has more than 500 people working for them.

Her team includes PRs, photographers, show hosts, technicians, artists, etc. All of them work together to make this startup a successful business.

Pinkvilla Founder - Nandini Shenoy

Pinkvilla - Idea behind the Startup

Nandini missed all the Bollywood news and gossips while working for Microsoft in Seattle. It gave her the idea of using her software skills to create a platform for all the Bollywood fanatics.

It is one of the most successful entertainment websites and, covers Bollywood news, lifestyle, fashion, movies, celebrities, etc.

Pinkvilla Startup - Business and Revenue Model

Pinkvilla collects its revenue from various movie production houses. These production houses pay the company for allowing their ad sales. Pinkvilla's website gets more than 12 million visitors and around 60 million views every month.

They also earn from YouTube by posting videos almost every day. They receive 400-500 thousand views on average. A significant portion of their revenue also comes from YouTube.

Pinkvilla - YouTube Channel

Pinkvilla also has a dedicated YouTube channel for Bollywood and celebrities. It has more than two million subscribers and around three thousand videos. Their channel has received 500 million-plus views and, it is one of the most popular YouTube channels for all the Bollywood news.

Pinkvilla - Other Social Media Platforms

Pinkvilla is also active on various social media platforms. They have more than 4 million followers on Instagram, 37 lakh followers on Facebook, and almost 1 million followers on Twitter.

They post various stuff related to celebrities, movies, lifestyle, fashion, etc. The account receives more than 20 thousand likes on each post.

Pinkvilla Startup - Subsidiaries

Some of the subsidiaries of the company are as follows:

PinkvillaTelly - This account is exclusively for all Television actors. Fans can get their daily dose of gossips from here. It has more than 500 thousand followers.

Pinkvilla Fashion - This account is a dedicated account to fashion, beauty, style. They post everything related to celebrities' style and their clothes. It has around 500 thousand followers.

Pinkvilla USA - This is a new account by Pinkvilla where they post Bollywood news with an American twist. This account has around 6000 followers.

Hallyutalk - Hallyutalk is a dedicated channel for all K-Pop lovers. They post various news and gossips about the Korean entertainment industry. It has more than 3000 followers.

Pinkvilla Rooms - Pinkvilla room is an account where people can freely express their views on any topic. It has more than 8000 followers.

Pinkvilla - Partnerships

Pinkvilla has partnered with various companies to provide the best experience to its viewers. Some of its partners are as follows:

Pinkvilla Startup - Popular Shows

Pinkvilla runs a list of shows on its channel. Some of its shows are as follows:

What's on my phone, 2016

What's in my bag, 2017

Inside my wardrobe, 2017

Morning Routine, 2018

Celebrity's First, 2017

Cheat meals with stars, 2019

No more secrets, 2019

Pinkvilla Startup - Awards and Accolades

Some of the awards won by the company are as follows:

Best Celebrity Blogger - Cosmopolitan Best Celebrity Blogger Award, 2019

Website of the Year - Digipub Awards, 2019

Best Celeb-Spotting Award - Cosmopolitan India's Blogger Award, 2016

Pinkvilla - Growth

Pinkvilla came into the market with a very new idea. Paparazzi culture was not so common in the Bollywood industry and, getting papped was new. Pinkvilla hired various photographers to catch every moment of the celebrities. It is how things like airport looks, gym looks, wedding looks, etc., got famous.

Fans loved all the photographs and tiny details about their favorite celebs. It was the beginning of their growth. They have become successful in showbiz and gained huge followers on various social media sites.

Pinkvilla - Competitors

The entertainment industry got filled with competition. Be it acting, production, writing, media houses, all of them have competition. Some of the biggest competitors of Pinkvilla are as follows:

Pinkvilla - Challenges

Pinkvilla still has a lot of challenges on its way. Some of its biggest challenges are as follows:

Competitors - Competitors are a big part of our life. Pinkvilla also has a lot of competitors in the market. Most of them are working well in this field and have millions of viewers. Pinkvilla will soon have to plan something extraordinary to beat its competitors and attract more viewers to its platform.

Pandemic - The prevailing COVID pandemic has hit all businesses badly. Due to this, the whole country has been in an on-and-off lockdown for almost two years. All the movies halls were closed, and the frequent visit of celebrities stopped. Pinkvilla started coming up with other ways to entertain its viewers. They also started interviewing the celebrities digitally and without calling them to the studios.

Pinkvilla - Future Plans

Some of the upcoming plans of the company are as follows:

They aim to come up with other new channels and show for the entertainment of their fans.

They are also planning to come up with their online store and e-commerce.

Pinkvilla - Bringing Bollywood at Phones

Pinkvilla is doing a spectacular job in the entertainment industry. Their every little information about the Bollywood movies and celebrities keeps their fans and viewers entertained. Channels like these are doing a great job in bridging the gap between celebrities and their fans. They are bringing them even closer and happier.

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PinkVilla Startup Founder - The Engineer who was a Bollywood Buff

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Story of Nandini Shenoy's PinkVilla - One Stop Bollywood Insights Pinkvilla has become a renowned brand in the entertainment industry and was founded in 2007 by a software engineer who loved Bollywood. The internet boom in the country has helped the company to grow and if you are a Bollywood lover too, then you must be familiar with this name.

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India’s Number #1 Water Company Bisleri – A Look at the Brand’s Journey

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India’s Number #1 Water Company Bisleri – A Look at the Brand’s Journey

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Bisleri is a popular water bottle company founded in 1969 by Felice Bisleri in Italy. The brand became extremely famous in India and was brought by Jayantilal Chauhan.

Read more at: https://thedigitalyug.com/startup/india-s-number-1-water-company-bisleri-a-look-at-the-brand-s-journey

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Story of Bisleri & The Brand - Name We Trust & Drink Blindly

Bisleri is one of the most trusted brands of bottled water in India. Cold drinks and all are good to quench your thirst, but nothing can replace water. A few years back, who would have thought of buying fresh water in the bottled form? But the vision of Bisleri's founder made this happen. Bisleri is the brand that promises purified and good water for the people. It has become a household name and customer has immense trust on the quality of the product. Let's get to know the success story and some interesting facts about this company.

Note: Bisleri was an Italian company and, it was brought to India by Jayantilal Chauhan.

Bisleri Story - Key Points

Startup Name - Bisleri Ltd.

Founded - 1969

Founders - Felice Bisleri and Jayantilal Chauhan

Headquarters - Mumbai, Maharashtra, India

Company Type - Private Ltd.

Industry - Beverages

Areas Served - India, UAE

Parent Company - Parle Products

Revenue - 210 million USD

Bisleri Success Story - Founders and Team

Bisleri is an Italian company, and was founded by Felice Bisleri. It was brought to India by an Indian entrepreneur, Jayantilal Chauhan. The important people of the company are:

CEO - Angelo George

Chairman - Ramesh J. Chauhan

Director - Zainab Chauhan, Jayanti Chauhan

Bisleri - Brand Name and Logo

Brand Name The brand name of the company is after the name of the founder, Felice Bisleri. His legacy got continued and, the product got distributed by that name only.

Logo The logo of the company is in simple white and light green color. It signifies the freshness and goodness of the company. The signature green color of the bottle is to distinguish it from its competitors.

Note: Bisleri launched its e-commerce platform in 2020 to provide purified water at the doorstep of people.

Bisleri Story - Idea behind the Business

The founder of the company wanted to develop an alcohol remedy. Felice Bisleri was a businessman and a chemist. He used iron salts, herbs, and cinchona for the development of alcohol remedies.

Bisleri originated in Nocera Umber in an Angelica spring. He decided to go with the sale of mineral water. After Felise's demise, Jayantilal brought the brand to India in 1969.

Bisleri - Strengths

Some of the strengths of the company are as follows:

It has the largest market share in the Indian market.

Its distribution is excellent and smooth.

Its parent company, Parle, already has a good brand image in the Indian market.

Its products are affordable to cater to all types of customers in the country.

Bisleri - Products Introduced

Some of the products of the company are as follows:

Bisleri 20 Lt. can

Bisleri Himalayans Water

Bisleri Club Soda

Bisleri soft drinks

BisleriVedica

Bilseri Limited Edition

Bisleri different language labeled bottles

Bisleri - Water Sources and Purification

Biselri sources its water from various places such as rivers, underground water, harvested rainwater, etc. The water goes through 114 tests and ten steps rigorous quality steps.

Bisleri follows all the quality guidelines by BIS (Bureau of Indian Standards) and promises to provide hygienic, pure, and safe water in every drop.

Note: Bisleri products are also available on various e-commerce websites such as Grofers, Amazon, Big Basket, etc.

Bisleri - 3000 CR Net Worth

Bisleri came with an idea to provide fresh and purified water to every individual in India at a reasonable rate. The company got successful and, it is growing with a rate, of 30%-40% every year.

They claim to sell more than 16 million water bottles in a single day all over the world. The estimated net worth of the company is INR 3000 crores.

Bisleri - Growth Numbers

Bisleri has expanded in various countries and have also established their factories in Japan and Singapore.

They have 105 branches, 122 operational plants, 5000 distribution trucks, 4500 distributors, & 122 operational plants in India and its neighboring countries.

Bisleri is leading in its sector and, they are also planning to expand in Bangladesh, Sri Lanka, and other Middle East countries.

Bisleri's market share is more than 30%.

Bisleri Success - Marketing Methods

Bisleri has a lot of competitors, but has managed to hold its position. They have diversified their products but are still known mainly for their mineral water. Bisleri follows the 4P (product, price, place, promotion) marketing strategy. Their customer base has also increased in the last few years.

Advertising Strategy

The company advertises through print and digital media.

They have several advertisements with catchy taglines to attract their customers.

Bisleri uses posters, billboards, hoardings, etc., to advertise their products.

They also campaign in different languages to cater to customers from all over the country.

Their famous one-liner is catchy and holds the attention of the buyers for a long time.

Bisleri Story - Distribution Technique

Bisleri has a fast and effective distribution technique. They have more than 15 manufacturing units in India and, they are planning to bring more to solidify their supply chain. Their transportation is also very smooth and hassle-free as Bisleri owns more than 5000 trucks for the distribution process.

Bisleri Success Story - Pricing Scheme

Bisleri's pricing depends on the location. Their products are affordable and, customers get a lot of products in minimum amounts. Bisleri's products are priced higher in restaurants, theatres, etc., than the usual retail shops.

Bisleri Story - Competitors

Some of the competitors of the company are as follows:

Bisleri - Challenges

Some of the challenges faced by Bisleri are as follows:

Competitors - Bisleri is performing well in its sector, but it has many competitors in the market. Some of them are giving tough competition in the business aspect. Bisleri will soon have to come up with new strategies to overshadow its competitors.

Pandemic - Pandemic has affected a lot of companies. Bisleri's business also got disrupted because of the nationwide lockdown in India. Bisleri's sale came down as they didn't come up with any new plan for such situations. They launched their e-commerce platform only in 2020 to sell their products online.

Campaigns - A lot of environmental campaigns and movements against plastic bottles. They are a threat to the environment and, companies like Bisleri are under pressure to change their business techniques. They get targeted for harming the environment by manufacturing more and more plastic bottles.

Bisleri - Future Plans

Some of the upcoming plans of the company are as follows:

Bisleri is targeting their e-commerce.

Increase their customer base.

Recycle more plastics than manufactured.

Build new manufacturing units in the country.

Expand their business in other countries.

Bisleri - Water Bottle valued at 3000 Crore

Bisleri is one such successful company that managed to overcome all its challenges. The company is in a much better position now and, they are working harder every day to give the best product to their customers at a reasonable price.

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India's Number #1 Water Company Bisleri - A Look at the Brand's Journey

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Story of Bisleri & The Brand - Name We Trust & Drink Blindly Bisleri is one of the most trusted brands of bottled water in India. Cold drinks and all are good to quench your thirst, but nothing can replace water. A few years back, who would have thought of buying fresh water in the bottled form?

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Kae Capital Startup - $100M Valued Startup that Helps Small Companies

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Kae Capital Startup - $100M Valued Startup that Helps Small Companies

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Kae Capital is an Indian angel investment company that provides initial seed funding to small companies. It was started by Sasha Mirchandani in 2010 and has raised more than $100M.

Read more at: https://thedigitalyug.com/startup/kae-capital-startup-usd-100m-valued-startup-that-helps-small-companies

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Story of Kae Capital - A Destination for Early-Stage Companies

Kae Capital is a sector that provides funds and invests in companies to provide solutions to them. It provides funds to start-up companies and small businesses to grow and focus on Investing in Innovation, Leadership, and Growth. It is a sector-agnostic fund that helps by investing in large teams and brings solutions to the gaps which were created in the market. It also seeks to invest in companies that operate in e-commerce, mobile, education, healthcare, cloud, customer internet, and consumer brand sectors.

"Entrepreneurship is a long haul journey. You need to build for the long term. Think of working only with the smartest and most hard-working people you know and who can align with the vision and passion that you have"
- Sasha Mirchandani (In Founder's Words -)

Kae Capital Startup - Key points

Company Name : Kae Capital

Founded : 2010

Founder : Sasha Mirchandani

Headquarters : Mumbai, India

Sector : Finance

Website : www.kae-capital.com

Revenue : $7.8 million

Kae Capital - India's Venture Capitalist

Kae capital was founded in the year 2010 by Sasha Mirchandani and is headquartered in Mumbai, India. It is a venture capital company that provides funds to small companies and start-ups for their future growth. It helps the early-stage companies to acquire growth. Besides, that it also provides solutions to companies in an innovative way for the existing gaps which were created in the market.

Kae Capital Startup - Founder Sasha Mirchandani

Sasha Mirchandani is the Founder and Managing Director of Kae Capital. He pursued his business administration from Strayer University. Besides, that he also pursued the MMDP program at IIM in Ahmadabad. He is also the co-founder of Mumbai Angels. He was also the former Managing Director at Blue Run Ventures. Earlier, before joining Blue Run Ventures he was the founder and CEO of Imercius Technologies. He was also the former Head of Corporate Affairs and business at Mirc Electronics.

Note: Sasha had invested in various firms such as Myntra, 1 Mg, Porter, Fractal Analytics, Healthkart, and Inmobi. It has a cast growth in ranks. Now many companies are working under Kae Capital and each start-up is getting a chance to embrace their talents and help them to grow their sector.

Kae Capital Founder - Sasha Mirchandani

Kae Capital Story - Core Team & Members

Sarthak Biswas: Sarthak Biswas worked in the initial stage and has invested and financed reputed sectors. He holds a B-tech degree from IIT Bombay and also has a Post-graduation degree in liberal studies from Ashoka University.

Navin Honagudi: Navin Honagudi is a partner at Kae Capital. Navin holds a degree in MBA and a degree in Engineering from Mumbai University. Before, Kae Capital Navin worked with Reliance Venture Asset Management (RVAM). Before Reliance Venture Asset Management (RVAM) he has also worked with Darashaw and Company Private Limited (DCPL).

Gaurav Chaturvedi: Gaurav Chaturvedi is a partner at Kae Capital. He pursued his B-tech in Mechanical Engineering from the IIT Bombay. He co-founded Thinklabs in the year 2006 which had great success and became India's leader in STEM Experimental Learning, which serves several top schools in the country. His main focus includes managing the business of the company.

Veenu Choudhary: Veenu Choudhary is in charge of looking at B2B SaaS and Fintech. She has a B-Tech degree from IIT Kanpur and also holds an MBA degree from IIM Calcutta.

Sonia Abraham: Sonia Abraham mainly focuses on Ed-tech, SaaS, and Fintech. She pursued her major in Mathematics from St. Stephen's College, Delhi University.

Vidushi Kumani: Vidushi Kumani is a venture partner at Kai Capital. She first started her career by working at Accenture. She did her MBA in HR from XLRI.

Kae Capital - Competitors

IDG Ventures India : $ 7 million

Helion Ventures Partners : $5 million

Matrix Partners : -NA-

Kalaari Capital : $ 7 million

Sequoia Capital Companies : $100 million

Accel partners BV : $10 million

Nexus Venture Partners : $7 million

SAIF Partners

Kae Capital - Funding

It has recently raised a fund of Rs. 100 crore to invest in various portfolio companies

Note: Kae Capital's first fund was raised in the year 2012 with an amount of $25 million. It has invested in various firms from its second funds such as Freightwalla and Zetwerk.

Kae Capital - Angel Investments Made

Kae Capital - Helping India Grow with Capital

It has been a destination for many small companies and helps to gather capital for their future growth. This company helps in building many large companies at their initial stage. Their team consists of over 35+ years of VC investing and has invested in over more than 100 start-ups. Kae Capital is one of the greatest finance sectors established which helps many deserving entrepreneurs to embrace their talents and achieve their dreams when they fall short in money. It has been implemented on the greatest stage.

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Kae Capital Startup - $100M Valued Startup that Helps Small Companies

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Story of Kae Capital - A Destination for Early-Stage Companies Kae Capital is a sector that provides funds and invests in companies to provide solutions to them. It provides funds to start-up companies and small businesses to grow and focus on Investing in Innovation, Leadership, and Growth.

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Whatfix Startup - How this Indian's Innovative Idea Became Worth 

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Whatfix Startup - How this Indian's Innovative Idea Became Worth 

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Whatfix is one of the pioneer startups in Digital Adoption Platform market in India and was founded by Khadim Batti & Vara Kumar in 2014. Today, the company is valued over $600M and is in talks for further funding.

Read more at: https://thedigitalyug.com/startup/whatfix-startup-how-this-indian-s-innovative-idea-became-worth-usd600m

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Whatfix - The Game-Changing Digital Adoption Platform

Whatfix is a platform based on SaaS software that helps & guides performance support for applications available on web and software products. It is most commonly used on various platforms such as Salesforce, SAP SuccessFactors, Oracle Cloud, Workday, SharePoint, Apptus, etc. The startup enabled an SME to announce the digital platform Whatfix and started gathering customers and then realized the need for the product to be interactive. Now it has over 500 customers across the globe and is playing a significant role in the adoption of the digital platform.

Note: The CEO of Whatfix Khadim Batti and the CTO Vara Kumar first designed their marketing product called SearchEnabler.

Whatfix Story - Key Statistics

Company Name : Whatfix

Founded : 2014

Founders : Khadim Batti (CEO) and Vara Kumar (CTO)

Headquarters : Bangalore, India and San Jose, California

Total Funding : $49.8 M

Total number of Employees : 450

Website : www.whatfix.com

Parent Company : Quick Technosoft Labs Private Limited

Whatfix Story - Startup

Whatfix was founded in the year 2014 by Khadim Batti (CEO) and Vara Kumar (CTO). Whatfix is a platform that helps in guiding apps and users to adopt any software application quickly. Its headquarters are in Bangalore, India, and San Jose, California. It also provides performance support that guides the user about the application they use. The company was first started in the year 2013. It first had over 100 customers. Soon they changed to Whatfix.

Whatfix Startup - Founder

Note: It allows companies to create communicative walkthroughs that are available within web applications.

Whatfix - Services

It guides using web applications and software solutions without the help of coding

It does require any training. It can be used without any training

It makes learning easier by user touchpoints

It ensures that the data entered by the users are accurate.

It can be used on mobiles

The UI of Whatfix guides the users to create without any coding

The creation of segments are automatic which is provided to the user according to their needs

Whatfix Success - Founders

Khadim Batti Khadim Batti is the CEO and the co-founder of this game-changing digital platform - Whatfix. He holds a bachelor's degree in Electrical Engineering, which he pursued from The University of Bombay. Besides, he also has a master's degree in Information Technology, which he pursued from The International Institute of Information Technology. He is a member of Whatfix since the year 2019. So he has over 20 years of experience in this technological platform.

Vara Kumar Vara Kumar is the Co-Founder and the Chief Technology Founder of this game-changing digital platform-Whatfix. He has an engineering degree which he pursued from the Jawaharlal Nehru Technological University.

Note: It is estimated that SaaS platform market has a growth of about $2.5 billion.

Whatfix - Core Team Members

Alok Goyal - Board Member

Shweta Bhatia - Board Member

Sanjay Aggarwal - Board Member

Ashish Gupta - Board Member

Parent Company: Quick Technosoft Labs Private Limited owns Whatfix.
Whatfix Startup - Acquisitions and Merges

Airim - October 2019

ESOP - 6th July 2021

Whatfix - Investors and Funding

Whatfix Success - Revenue Model

The annual revenue of Whatfix is about $75.3 M per year. They don't have any leader; they are their leader in their space. Being a private organization, they had strong growth over the years. One analyst estimated that the market is growing at an 11% rate which will be worth about $15.8 billion by the year 2025

Whatfix Startup Story - Competitors

Top competitors of Whatfix are:

Whatfix Story - Future Plans

They have invested to innovatively develop the services they are providing

They have also developed series-c round in their platform

They have also increased the quality of the services they provide.

It has unveiled its scheme Escop and has allotted over $4.3 million for the Escop buyback scheme

It has landed over $90 million to speed on their apps

Whatfix - Awards and Achievements

2021 Globee Awards Silver Winner (Golden Bridge Awards) - for the customer success team -department of the year

Gold 2021 Steve winner (American business Awards) - for customer satisfaction of the year

Silver 2021 Stevie Winner (American Business Awards) - for the best customer service- department of the year

IT World Awards 2020 Silver - For Best Deployments/ CS Department of the Year

The Clouds awards for " Best Cloud HR and EP solution

Silver 2020 Stevie Winner (American Business Awards) - For Best Customer Service Department of The Year

Whatfix - The Game Changing Platform

The game-changing platform - Whatfix is the most prominent digital program. Companies create interactive walkthroughs through this app. It is empowered many other business companies with their outcomes and is a new technological way to learn content through interactive walkthroughs. Its mission is to remove all the technology complexes for its users.

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Whatfix Startup - How this Indian's Innovative Idea Became Worth $600M?

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Whatfix - The Game-Changing Digital Adoption Platform Whatfix is a platform based on SaaS software that helps & guides performance support for applications available on web and software products. It is most commonly used on various platforms such as Salesforce, SAP SuccessFactors, Oracle Cloud, Workday, SharePoint, Apptus, etc.