The Economic Times reported that nine gateway earth stations will be established in key Indian cities, including Mumbai, Noida, Chandigarh, Hyderabad, Kolkata, and Lucknow, by SpaceX’s satellite internet service, Starlink. The opening of Starlink’s satellite internet services in India will be aided by these stations. Through its Gen 1 satellite constellation, the corporation has requested 600 gigabits per second capacity over India, according to an official who spoke to The Economic Times. The spectrum has been provisionally assigned to show compliance with security regulations.
As of right now, the permission permits Starlink to do just fixed satellite service demos and import 100 user terminals. Because satellite networks are frequently seen as vital security infrastructure, an official was cited as saying, “Tough conditions have been imposed to prevent misuse.”
Government Putting Strict Security Scanner of Starlink
The ET article claims that Starlink attempted to hire foreign technical specialists to run the station, but the government has prohibited foreigners from managing the gates until the Ministry of Home Affairs has given its security clearance.
Only Indian nationals will be permitted to run these stations for the time being, the source informed the media outlet. India’s increased examination of satcom systems in light of worries about national security and possible abuse in delicate border areas is reflected in the action.
The purported abuse of Starlink terminals in restricted areas sparked concerns from India’s security services earlier this year. After illicit Starlink devices were found in Manipur and the Andaman and Nicobar Islands in March, the Ministry of Home Affairs requested that the DoT look into the matter. Since then, authorities have highlighted the importance of data localisation and frequent reporting to prevent satellite equipment from ending up in the wrong hands.
Starlink to Keep Generated Data in India
Commercial services cannot be provided during demonstrations under the provisions of the interim spectrum. All generated data must be kept in India, and Starlink must provide reports to the DoT and security agencies every two weeks that include user locations, terminal information, and geocoordinates.
Officials went on to say that following the security compliance phase, the government’s final rules and pricing structure will determine any regular spectrum assignment.
Quick Shots
•Key
cities include Mumbai, Noida, Chandigarh, Hyderabad, Kolkata, and Lucknow.
•Support
Starlink’s satellite internet service using Gen 1 satellite constellation
with 600 Gbps capacity.
•Limited
to fixed satellite service demos and import of 100 user terminals.
•Only
Indian nationals allowed to operate stations until Ministry of Home Affairs
approval.
•Frequent
reporting to DoT and security agencies; data must remain in India.
•Concerns
over misuse and national security after illegal Starlink devices found in
restricted areas.
Project management is the key to delivering successful projects. It involves utilizing various resources and techniques to plan, organize, and control the work necessary to meet project goals, within a specified timeframe and budget. From allocating resources and setting schedules, to tracking progress and ensuring quality standards are met, effective project management ensures a project is completed on time, on budget, and to the required standards. The goal of project management is to bring together all the elements necessary to meet project objectives and deliver a successful outcome.
According to some sources, only 58% of organizations fully understand the value of project management. As per Wellingtone’s survey, only 22% of organizations use project management software which is very low. According to some sources, 77% of high-performing projects use project management software and 66% of project managers are willing to use project management software more extensively if they get support from their organizations.
Project management can be a complex and challenging task, especially for large and multi-disciplinary projects. Fortunately, there are a multitude of tools available that can make the process smoother, more organized, and efficient. In this blog, we will be showcasing the best project management tools available in the market, covering their features, pricing, pros and cons. Whether you’re a small start-up or a large corporation, you’re sure to find a tool that can help streamline your project management process.
Features of Project Management Tools:
Some common features of project management tools include:
Task and project tracking: Project management tools allow teams to create and track tasks and milestones, assign deadlines and resources, and monitor progress.
Collaboration: Many project management tools have features that allow teams to communicate and collaborate in real-time, such as chat, file sharing, and task assignment.
Resource management: Some project management tools have features that help teams plan and allocate resources, such as budgeting, time tracking, and resource scheduling.
Reporting and analysis: Many project management tools have built-in reporting and analysis capabilities, allowing teams to track key performance indicators (KPIs) and make data-driven decisions.
Things to Consider When Choosing a Project Management Tool
The right project management software can be a powerful asset for any project team. It brings focus to project goals, increases collaboration and communication, and helps teams stay organized, saving time and money. With so many options available to project teams today, it can be difficult to choose the best project management software. Therefore, you should consider these factors before finalizing a project management tool:
Easy to use is an important factor for selection because all your team members should be well equipped with the PMS to make the processes simpler.
You must consider the size of your team as it will help you in selecting the appropriate plan.
Make sure the PMS has sufficient file storage capacity.
Security is crucial so that your data and ultimately your project is in safe hands.
Clear dashboard view.
Project management tools should have accounting tools.
Ability to share files externally.
Customization abilities should be verified so you can make minor changes and present the same information to your stakeholders.
Integration with other apps.
Scheduling ability is crucial so that your projects can be managed efficiently with the help of Gantt charts.
Task management efficiency.
Real-time reporting helps in saving time and collecting information from all the places and generating reports that reflect the live data.
Best Project Management Tools for Startups
There are many different project management tools available for startups, ranging from simple task management tools to more comprehensive project management platforms. The right tool for your team will depend on the size and complexity of your projects, as well as your team’s specific needs and preferences. So, here we’ve listed the best project management software tools:
Kissflow is a cutting-edge project management platform designed to streamline an organization’s operational processes. It offers streamlined automation, simple and user-friendly operations, advanced analytics, and global scalability. With Kissflow, companies have the ability to manage and collaborate on departmental projects easily in real-time. This includes assigning tasks, setting goals, tracking progress and completion of tasks, newsletters or company announcements, tracking project budgets much more. Kissflow also comes with a visual workflow designer for organizing tasks into automated workflows optimized for efficiency. Furthermore, all activity is monitored and accounted for in the built-in audit trail feature that is available on all modules, making changes in process models easier than ever. Overall, Kissflow provides companies with the tools they need to ensure successful operations while harnessing their data within a single system!
Features of Kissflow
The kissflow project management tool features an array of features designed to make multi-team collaboration quick and effortless.
This feature seamlessly integrates with other important business tools such as Slack, G Suite, Microsoft Office, Outlook, and more.
It enables efficient task management, project tracking, team communication, and real-time monitoring of key performance metrics.
Users have the ability to create custom workflows and set milestones for projects with ease.
Pros
Cons
Works for any project size and industry
Project setup can be time-consuming
Drag-and-drop interface for customization
Interface may be complex for non-technical users
Multiple views on a single dashboard
Difficulty exporting reports
Affordable pricing starting at $19/month
Delayed technical support; limited access to older POs
Pricing Packages of Kissflow:
Kissflow has three plans Small Business plan for Smaller teams, a Corporate plan for Growing companies, and Enterprise Plan for large organizations. Pricing details of each package are given below:
Microsoft Project is a powerful yet easy-to-use PMS tool designed to help businesses and individuals track their projects and gain insight into their progress. It is the go-to program for creating detailed task lists, scheduling tasks for completion, tracking resource availability and utilization, assigning budgeting to tasks, and you can even see how much longer your project will take if something changes! Microsoft Project provides an array of features that make it one of the leading project management platforms. You can define milestones and goals, as well as monitor individual tasks. Instantly view reports like critical path analysis to keep you informed about task duration and have a visual representation of the entire project timeline. With all this user-friendly yet detailed data at your fingertips, you’ll never worry about missing any important details like budget or due dates when managing your projects!
Features of Microsoft Project
It features robust task and resource tracking, with features such as grouping tasks and overviews of resources used in task assignments.
It also features a Gantt chart view for visualizing project timelines and dependencies, as well as features for budgeting, forecasting, and cost analysis.
With Microsoft Project’s features, organizations can have better visibility into their project status and make timely adjustments according to cost or timeline pressures.
Pros
Cons
Flexible and user-friendly interface
Overwhelming for beginners
Tracks tasks, progress, and costs
Requires learning project terms
Automates tasks with reminders & alerts
Limited reporting options
Real-time collaboration: tasks, files, comments
Poor third-party integrations
Pricing Packages of Microsoft Project:
Microsoft Project has divided its pricing plans into two categories i.e. Cloud Based Solutions and On-Premise Solutions. Plans and pricing details for each category are given below:
Zoho is the most popular brand to provide different kinds of tools for startups.Their Zoho Projectsstands out as one of the best and simplest project management tools. It helps you plan your projects, track work efficiently, and collaborate with your team, wherever they are. It can be very helpful for streamlining upcoming work with just a few clicks. The best part of Zoho Projects is that it can be integrated with Zoho CRM and another tool to manage all the aspects of the agency in one system.
Features of Zoho Projects
With its range of powerful, customizable tools, it is easy to create websites, store files securely, automate processes, and collaborate with colleagues.
Features such as Message Boards allow users to engage in discussions across multiple channels.
Zoho offers a Price Calculator feature that helps customers easily calculate pricing plans scaled to their needs.
Customers have access to customer support services for any issues or concerns that might arise during their usage.
Beyond these features though, more than 80 intuitively designed third-party apps integrate seamlessly with Zoho’s infrastructure so that all your digital needs can always be met.
Pros
Cons
Works on any platform or device
Limited third-party integrations
24/7 customer support with tutorials
Requires choosing between Zoho or other apps
Multiple data backups for secure storage
Occasional bugs and glitches
Pricing Packages of Zoho Projects:
Zoho Projects has three plans Free, Premium, and Enterprise which are extremely affordable. Pricing details of each package are given below:
Plan
Pricing
Free
INR 0, Up to 3 users
Premium
INR 280, Up to 50 users/billed annually
Enterprise
INR 630, Unlimited Users users/billed annually
ClickUp
Website
Clickup.com
Rating
4.7/5
Free Trial
Free Forever
Platforms supported
Web, Android, iPhone/iPad
ClickUp – project management tool dashboard
ClickUp is a project management platform that aims to help teams organize and manage their work more effectively. It is one of the best project management tools used by a lot of companies and startups. It provides a range of features to help teams plan, track, and collaborate on projects, including task management, project planning and scheduling, real-time communication, and document sharing which makes it a must-have project management tool for teams.
Intro to ClickUp – Project Management Tool
Features of Clickup
With Clickup PMS you can easily create and update tasks.
You can assign or reassign tasks, set due dates and tags, prioritize tasks with checklists, organize projects with boards and lists, and track progress with dashboards.
You can easily log time directly from the task lists, generate automated reports to track the performance of your team, add comments or documents to tasks, delegate responsibility for every task, and much more.
Pros
Cons
Efficient task and workflow tracking
Steep learning curve
Automates reminders, milestones, and tasks
Difficult to navigate
User-friendly interface for all teammates
Limited customization on some plans
Offers templates for workflow customization
Integration issues with other apps
Pricing Packages of ClickUp:
ClickUp has a Free plan which is limited up to 100MB storage. Paid plans include Unlimited – best for small teams, Business – best for mid-sized teams, Business Plus – best for multiple teams, and Enterprise – best for many large teams. Pricing details of each package are given below:
Plan
Pricing
Free
Free Forever
Unlimited
$5, billed annually
Business
$12, billed annually
Business Plus
$19, billed annually
Enterprise
Custom Plans
Scoro
Website
www.scoro.com
Rating
4.5/5
Free Trial
14 days
Platforms supported
Web, Android, iPhone/iPad
Scoro – project management tool
Scoro is a project management and productivity software that helps businesses streamline their work processes, track time and expenses, and manage projects and tasks. It also has a time management tool that includes team calendars, shared tasks, timesheets, automated time tracking, and plans and optimizes the team’s time usage for projects. Its other features include projects with sub-tasks and deadlines, detailed reports of progress and finances, real-time KPI dashboard. The tool is designed to help businesses improve their efficiency and productivity, enabling them to complete tasks and projects more quickly and effectively.
Features of Scoro
Scoro is a revolutionary project management and works automation platform that helps you bring structure and order to your processes.
It seamlessly integrates all of your business needs, from lead management and billing to CRM and reporting, into one powerful system.
Its key features include task automation, real-time reporting, full team visibility, online file storage, custom branding settings, and more.
With its intuitive design, you can maximize efficiency while tracking budges and time limits with ease.
Pros
Cons
Flexible for various industries
Occasional downtime and user errors
Customizable workflows
Complicated interface to navigate
Advanced task management, timesheets, reporting
Higher price for freelancers
Smooth user experience tailored to business needs
Outdated design for some users
Pricing Packages of Scoro:
Scoro has four pricing plans, Essential at $26 per user/month, Standard at $37 per user/month, Pro at $63 per user/month, and Ultimate has a custom pricing model. All of these plans come with a free trial period. Pricing details of each package are given below:
Plan
Pricing
Essential
$26 per user/month, billed annually
Standard
$37 per user/month, billed annually
Pro
$63 per user/month, billed annually
Ultimate
Custom Plans
ProofHub
Website
www.proofhub.com
Rating
4.5/5
Free Trial
14 days
Platforms supported
Web, Android, iPhone/iPad
ProofHub – project management system
ProofHub is a versatile project management system used by leading organizations like NASA, Disney, Taco Bell, and many more popular firms. ProofHub has all the features your team can collaborate, plan and organize to deliver a project on time. The features include assigned user roles, online team discussions and chats, task delegating, and assignments. ProofHub has all the right tools under one roof that your team need to work together in the easiest, fastest and smartest way to complete a project.
Features of ProofHub
Proofhub is an efficient, user-friendly program that features such as automated workflow management, document collaboration features, tasks and reminders organization, time tracking features, and a client portal.
With Proofhub you can manage several projects as well as collaborate with remote teams.
This feature-rich program comes with a great user interface which makes it appealing to all users.
You also have the ability to designate permission settings for other team members so everyone can access the information they need quickly and easily.
By adding checklists and custom statuses within tasks, you can be sure that everyone is on the same page when it comes to updates on each project.
As you can see all these features help make Proofhub an invaluable organizational tool for any business organization.
Pros
Cons
All-in-one project management and collaboration
Limited set of features
Assign tasks, deadlines, track progress, comment
Missing team chat or calendar
Customizable tools for workflow
Slow customer support response
Intuitive interface for beginners and managers
Relatively high subscription fee
Pricing Packages of ProofHub:
ProofHub has two pricing plans, Essential at $45 per month and Ultimate Control at $89 per month. The Essential plan is limited up to 40 projects whereas Ultimate Control offers ultimate projects. ProofHub offers flat pricing. No per-user fee in both of its packages. ProofHub has made task management less stressful for teams. It is also available for Android and iOS users. Pricing details of each package are given below:
Basecamp is a web-based project management and collaboration tool, preferred by thousands of project management teams because of its modern social-media-like interface. Basecamp has all the tools that a team needs to boost productivity at work. It provides a variety of tools and features to help teams plan, track, and collaborate on projects, including to-do lists, file storage, message boards, and scheduling tools. Basecamp is designed to be simple and easy to use, with a focus on keeping teams organized and on track.
How Basecamp Works – A Quick Overview
Features of Basecamp
Basecamp is a great tool for project management and collaboration.
It features a versatile platform, allowing users to keep track of tasks, messages, and timelines with ease.
Basecamp also features tools such as To-Do lists, scheduling tools, team collaboration tools, and file sharing capabilities.
It also provides users with secure storage for their data to ensure the contents remain safe from unauthorized access.
It makes team collaboration easier and more efficient which cuts down cost-wise without having to exchange documents through emails or in person.
Pros
Cons
Simple and intuitive interface
Subscription cost based on users/groups
Clear task assignments for all members
Limited customization options
Facilitates team communication
Can be complex for new users
Works across devices for remote collaboration
—
Pricing Packages of Basecamp:
Basecamp has 2 pricing plan that is Basecamp and Basecamp Pro. A free trial of Basecamp is also available.
GanttPRO is one of the best project management software that allows teams to plan, schedule, and track projects using Gantt charts. It has been appreciated by 500K+ project managers all across the globe. GanttPRO allows users to create and edit Gantt charts, assign tasks to team members, and track the progress of projects. It is a useful PMS tool for saving time, rise teamwork efficiency, less missed deadlines, and also saving expenses on project management. The best features of the GanttPRO include keeping all resources engaged and balanced, keeping all the comments, attachments, and notifications, and also offering project templates for an easy start.
Features of Ganttpro
Ganttpro PMS offers features to help project managers and teams immensely. With Ganttpro, you can map out projects from start to finish with a visually appealing Gantt chart that shows each task and its place in the overall timeline.
It’s incredibly easy to add tasks, create dependencies between them, or adjust the duration of any task.
Ganttpro also features resource management capabilities for accurate tracking of people assigned to tasks and an impressive array of customizable export options for collaboration purposes.
By using these features, project leads can save time managing their team and maximize efficiency in executing the project.
Pros
Cons
Tracks progress, tasks, and resources
Can be buggy with task conflicts or missing files
Easy drag-and-drop interface
Troubleshooting can be time-consuming
Customizable reporting and analytics
High monthly fee for some features
Real-time team collaboration
Limited customization of project style
Pricing Packages of GnattPRO:
GnattPRO has four pricing packages Basic, Pro, Business, and Enterprise. The basic plan is for small teams looking for basic project management features. The Pro plan is for teams who are looking to streamline their teamwork and automate the project planning process. The business plan is for companies who are working on comprehensive projects and need to optimize resource workloads. The Enterprise plan is for organizations that are looking for advanced security, control, and support options. Pricing details of each package are given below:
Plan
Pricing
Basic
$7.99 per user per month, when billed annually
Pro
$12.99 per user per month, when billed annually
Business
$19.99 per user per month, when billed annually
Enterprise
Custom Plans
Redbooth
Website
Redbooth.com
Rating
4.4/5
Free Trial
14 Days
Platforms supported
Web, Android, iPhone/iPad
Redbooth Project Management Tool
Redbooth is an easy-to-use project management software that allows managing projects the way one wants including kanban boards or lists to organize tasks and time tracking to see how the time spends. Redbooth also has a library of project templates to start the projects out with a click. The features include project and task planning, share virtual team workplaces, and HD video conferencing for collaboration.Redbooth is also available for iOS and Android users.In addition, it offers detailed productivity reports, direct messaging, visual project timelines, and business chats to keep all the work on schedule.
Features of Redbooth
Redbooth is an online collaboration platform designed to help teams work better together and get more done.
It features a powerful task management system for creating tasks and organizing them into projects.
Task creation features include the ability to assign specific tasks to team members, attach files from Dropbox or other shared folders, and categorize tasks within projects.
It sets due dates with notifications and reminders, assigns workflow rules based on features, labels, or assignees, tracks time against project tasks, and much more.
Redbooth also features great communication tools with options such as real-time messaging between team members in individual rooms or open chats with all project members at once.
With Redbooth integrations available like Zapier, IFTTT, and Bitium users can further increase the efficiency of their projects by automating processes across multiple services.
Pros
Cons
Improves communication and task visibility
Interface can feel clunky
Intuitive task assignment and due dates
Basic features require premium plan
Centralized project file storage
SMS notifications need extra add-on
Keeps teams coordinated and organized
—
Pricing Packages of Redbooth:
Redbooth has three pricing plans which are Pro at $9 per month and Business at $15 per month per user when billed annually. The Enterprise plan offers custom pricing.
Plan
Pricing
Pro
$9 per month, billed annually
Business
$15 per month, billed annually
Enterprise
Custom Plans
nTask
Website
www.ntaskmanager.com
Rating
4.4/5
Free Trial
7 Days
Platforms supported
Web, Android, iPhone/iPad
nTask – project management software
nTask is a popular project management software that is specially designed for smart teams. It is an online collaboration platform and has all the tools a team needs to complete a specific project. nTask is one of the best project management tools as it has many features which include tasks and project management, time tracking, and more.nTask can also be used as an online meeting software for productive team meetings.
Features of nTask
nTask is a great project management tool that features loads of features to help you work smarter.
It includes features such as an activity log with a time tracker to monitor your progress, multilingual support, and task categories to categorize tasks and easily keep track of them.
nTask PMS also features collaboration features so you can share files, assign tasks right from the app, sync other task-related applications, and see changes or updates in real time.
It has powerful customizable reports with crucial data on a project timeline, cost, resource availability and utilization, and much more. With nTask’s features, you have complete control over your projects without any hiccups!
Pros
Cons
Comprehensive project and task management
Full features require paid subscription
Organize tasks, assign members, set deadlines, track progress
May be too complex for small teams
Smooth, intuitive, and responsive UX
Some templates are hard to modify
Central dashboard with real-time collaboration
—
Pricing Packages of nTask:
nTask offers one of the most affordable pricing plans in the industry. It has three pricing plans, a Premium plan for startups who just getting started with project management, a Business plan for teams who are looking to create projects and plans with confidence, and a third plan Enterprise for teams who are looking for customizations, enterprise-grade security, and advanced features. Pricing details of each plan are given below:
Celoxis is an award-winning all-in-one project management tool that combines classic project management methodologies with modern agile approaches and workflow automation. Many organizations use Celoxis to plan and track their projects. It is also used for resource management, project accounting, and portfolio management. The features include all-in-one management tools, easy collaborations, easy customization, an advanced reporting engine, and more. Celoxis easily allocates resources to tasks based on availability, demand, and skills. It is known for its flexibility and customization options, allowing users to tailor the software to their specific needs and workflows.
Getting started with Celoxis
Features of Celoxis
Celoxis PMS features a comprehensive suite of project management features for businesses of any size.
Its features allow businesses to manage activities such as resource allocation, project scheduling, budgeting, reporting, collaboration, and more.
By having features tailored to each organization’s specific needs, Celoxis helps teams effectively plan projects from start to finish.
With features like dashboards and activity feeds, Celoxis provides real-time visibility into every aspect of project progress and provides useful insight into different parts of both a single project and multiple projects.
Celoxis offers two pricing packages i.e. Cloud and On-Premise. The pricing is $22.50 per month for Cloud and on-premise is a custom plan. You will get the best-unmatched features, at a fraction of the cost.
Plan
Pricing
Cloud
$22.50 per month, billed yearly
On-Premise
Custom Plans
Cage
Website
Cageapp.com
Rating
3.5/5
Free Trial
Free Forever
Platforms supported
Web
Cage – project management tool
Cage is a project management tool that is all about improving the way creative teams collaborate and work. It helps the team to manage the project and have active discussions. The top features include managing and creating projects, making notes and comments under tasks, keeping track of all revisions, getting approval from clients, having video conversations, and also having password protection for the projects. It also helps in saving time, facilitating design feedback, managing deliverables, organizing projects, and also track the progress of the work to check what’s going on.
Features of Cage
Cage is a powerful tool that offers features to help developers quickly build and deploy applications.
It features a runtime environment with the ability to detect and correct misconfigurations, memory leaks, misuse of system resources, potential attacks, and other coding errors.
The tool also features an intelligent editor that can detect coding errors before they become a problem in production.
Cage app features an integrated web console that provides administrative features and analytics that are easy to use and understand.
The tool also features a robust API which allows developers to easily integrate it into their existing development pipelines.
Pros
Cons
Simplifies development for complex projects
Complex and time-consuming for beginners
Detailed insights into architecture and functionality
Cage combines project management and efficient collaboration. It offers one Free plan, perfect for anyone just wanting to try Cage, and two paid plans one of which is the Standard plan, perfect for freelancers and small teams, and the Professional plan, ideal for teams or agencies looking to consolidate their media collaboration and project management in one place.
Asana is an innovative tool for project management and task tracking. It is one of the most popular web-based applications available today. Asana’s key features include collaboration among team members, time and productivity tracking, email integration, cost management, and task assignment capabilities. With Asana, managers can easily assign tasks to their respective teams as well as receive updates on progress made. In addition, they can also set deadlines and set priority levels for individual projects or tasks. This user-friendly platform ensures that everyone is accountable and on track with their tasks while enabling collaboration between team members. Asana offers a great way to stay organized and take control of projects in a structured manner – making it an ideal tool for both businesses and teams alike!
Features of Asana
Asana features offer unlimited potential for collaboration. With features such as project plans, tasks, notifications, comments, and conversations – Asana provides individuals and teams with all the tools they need to plan and manage projects of any complexity or scale.
Asana’s flexibility also makes it a great resource for tracking all kinds of critical day-to-day operations as well.
Team members can attach files, integrate with other popular apps, create custom workflows, collaborate in real-time, and view their work in a visually appealing layout.
Pros
Cons
Track project progress with dependencies and deadlines
Free version limited to small teams
Collaboration tools: threads and calendars
Can become unorganized for large teams
Integrated analytics for team performance
Status-based restrictions limit some actions
Clear task overview and versatile collaboration
—
Pricing Packages of Asana:
It offers one Basic Free plan, perfect for individuals or teams just getting started with project management, and two paid plans one of which is the Premium plan, perfect for teams that need to create project plans with confidence, and the Business plan, ideal for teams and companies that need to manage work across initiatives.
Plan
Pricing
Basic
US$0, Free Forever
Premium
US$10.99 Per user, per month, billed annually
Business
US$24.99 Per user, per month, billed annually
Wrike
Website
www.wrike.com
Rating
4.2/5
Free Trial
15 Days
Platforms supported
Web, Android, iPhone/iPad
Wrike – Best Project Management Software
Wrike is an online collaboration and project management software. It makes it easy to organize and manage tasks and projects, with its powerful dashboard that enables users to view assigned responsibilities, access project timelines, log comments and reviews, and submit progress reports. It also helps teams to collaborate better with powerful communication tools such as private/public chat threads, group video/voice calls, live document editing, and more. Wrike is perfect for teams of any size that value efficient communication and task delegation for the on-time completion of projects.
Features of Wrike
Wrike is a popular project management software, and it offers features that help make project coordination simpler.
With Wrike’s task assignments, users can keep tabs on who’s been assigned what tasks.
Users can also share files amongst team members and view documents collaboratively.
Integrating with third-party applications such as Dropbox and Google Drive makes it easy to monitor progress across a variety of platforms and stay up to date on deliverables.
Pros
Cons
Easy task creation, assignment, and tracking
Steep learning curve
Real-time calendars for team members
Mastering all features can be difficult
Integrated commenting for instant feedback
Unique conventions may overwhelm new users
Pricing Packages of Wrike:
It offers a Free plan, best for teams getting started, and four paid plans i.e. a Team plan, best for growing teams, Business plan, best for all teams across an organization, an Enterprise plan, best for large teams, and the Pinnacle plan, ideal for teams with complex work needs. Pricing details of each plan are given below:
Plan
Pricing
Free
$0 user/ month
Team
$9.80 user/ month
Business
$24.80 user/ month
Enterprise
Custom Plan
Pinnacle
Custom Plan
Trello
Website
Trello.com
Rating
4.4/5
Free Trial
14 Days
Platforms supported
Web, Android, iPhone/iPad
Trello PMS
Trello is a fantastic PMS tool to help organize and manage projects of any type. It consists of boards, lists, and cards that allow you to create visuals around the progress of your project. At the top of each board is a description, allowing users to easily understand the scope and goal of that particular project. Underneath that description, there are lists, which can be titled whatever the user wishes – such as “To Do” or “In Progress”. Within each list, there are cards, which basically act as tasks for you or your team members to complete for that list. Each card contains various fields like description, due dates, labels, and comments to efficiently track any progress with each task. Trello allows you to collaborate easily with your team by assigning them cards directly or simply having them check in on their progress in one convenient location.
Features of Trello
It provides features such as boards and lists, cards with checklists and due dates, the addition of members and observers, file attachment capability, ability to add annotations to boards and cards, integration of other applications such as Slack or GitHub, and real-time notifications.
These features make it easy for teams to collaborate efficiently on tasks that need to get done on time.
With Trello, users can create project boards with features such as assigning members to tasks, setting timelines, and receiving progress emails.
Trello provides users with an effective platform for organizing their projects in order to reach their goals in a professional manner.
Difficult for larger teams without grouping options
Collaboration: boards, calendar, comments
Free version lacks key features
—
Task clutter can reduce visibility of priorities
Pricing Packages of Trello:
Trello offers a Free plan, best for individuals or teams looking to organize any project, and three paid plans i.e. a Standard plan, best for small teams that need to manage work and scale collaboration, a Premium plan, best for teams that need to track and visualize multiple projects, and the Enterprise plan, ideal for organizations that need to connect work across teams with more security and controls. Pricing details of each plan are given below:
Plan
Pricing
Free
$0
Standard
$5 per month when billed annually/ $6 when billed monthly
Premium
$10 per month when billed annually/ $12.50 when billed monthly
Enterprise
$17.50 when billed annually for 50 users (Custom plan depending on no. of users)
MeisterTask is a web-based project management software that enables teams to track and organize their tasks. The intuitive interface makes it easy to set up projects with customized categories and labels, while the drag-and-drop feature allows users to quickly assign tasks and deadlines on the main task board. With integrated calendar views and other collaboration tools, MeisterTask promotes an efficient workflow perfect for both individual freelancers and teams working together. Moreover, its robust integration with many popular applications lets users extend its features as much as needed. In short, MeisterTask stands out as one of the most flexible and capable project management solutions in today’s market.
Features of Meistertask
Meistertask offers features that make it easier for businesses of all sizes to work collaboratively and efficiently.
One of the features it provides is real-time task tracking, which enables team members to keep tabs on progress and deadlines in one place, quickly and easily.
Project boards can be customized for each project or team, giving users even more insight into how their projects are progressing.
Pros
Cons
Assign, track, and prioritize tasks collaboratively
Subscription-based service
Visual task boards with assignees and due dates
Limited customization and integrations
Activity reports for quick updates
Counterintuitive user interface at times
Drag-and-drop task organization
—
Pricing Packages of MeisterTask:
MeisterTask offers a Basic Plan which is a free plan for a single user, and three paid plans i.e. a Pro plan for small teams, a Business plan best for large teams, and the Enterprise plan for large companies with specific requirements. Pricing details of each plan are given below:
Plan
Pricing
Basic
$0
Pro
$4.19 per month
Business
$10.39 per month
Enterprise
Custom Plan
Teamwork
Website
www.teamwork.com
Rating
4.5/5
Free Trial
30 Days (upto 5 users per plan)
Platforms supported
Web, Android, iPhone/iPad
Teamwork PMS Tool – Free Project Management Tools for Startups
Teamwork PMS software is an invaluable resource for organizations looking to achieve efficient and successful teamwork. It provides an innovative management tool that allows teams to collaborate, centralize data, assign tasks, prioritize goals, and track progress in real-time. By giving team members the ability to quickly access and update project progress on a platform, it makes it much easier for everyone to stay organized and on top of the workload without any manual overhead or added complexity. Additionally, with features like analytics monitoring and customized reporting insights added into the mix, users have at their disposal the ability to better understand the efficacy of their team’s efforts. Teamwork project management software is an invaluable resource that can help businesses maximize their productivity and keep groups from becoming disorganized.
Features of Teamwork
The TeamWork project management tool is incredibly powerful and allows teams to collaborate more effectively than ever before.
With features such as task tracking and assignment, budgeting and time tracking, team chat, and document management, this type of software allows teams to increase efficiency in all areas of their project.
It also features a visually engaging dashboard which allows you to easily check progress and assign tasks with ease.
One of the main features is the ability for multiple users to access the same documents at once, allowing for greater collaboration between members of a team.
Pros
Cons
Clear communication, organization, and structure
Requires reliable internet
Internal messaging and task lists
Limited progress without access to files
Assign and track tasks in real-time
Data vulnerability with cloud storage
Collaborative document sharing
Compatibility issues between systems
Promotes accountability and efficient workflow
—
Pricing Packages of TeamWork :
TeamWork offers a Free Forever Plan which is a free plan for Up to 5 users, and three paid plans i.e. a Deliver, Grow, and Scale plan. Pricing details of each plan are given below:
Plan
Pricing
Free Forever
$0, Up to 5 users
Deliver
$9.99 per user per month billed annually, 3 users minimum
Grow
$17.99 per user per month when billed annually, 5 users minimum
Scale
Custom Plan
Airtable
Website
www.airtable.com
Rating
4.6/5
Free Trial
Free for forever
Platforms supported
Web, Android, iPhone/iPad
Airtable – new project management tool
Airtable is a relatively new project management tool for collaboration and organization. It’s a cloud-based platform for entering and storing data, organizing information, automating workflows, and building apps. Airtable has become incredibly popular as people have realized its potential to automate processes and make them easier to manage. It also boasts an impressive array of customizable features that offer users the opportunity to tailor their experience to meet their particular needs – whether they’re tracking large projects, small tasks, or anything in between. Airtable differs from other productivity tools since it works more like a spreadsheet but with the added benefit of being collaborative – allowing multiple users to easily access, view, and edit information from different computers. It serves as a powerful solution for those looking for an efficient way to manage workflows or keep track of information.
Features of Airtable
Airtable is a flexible and powerful tool for organizing data.
It features an intuitive and easy-to-use interface, enabling users to quickly set up databases with structured tables of text, images, videos, and more.
Its features are built around flexibility and collaboration – its powerful sorting capabilities allow users to find exactly what they’re looking for quickly and easily, while its collaborative features enable teams of any size to work together seamlessly on any project.
Pros
Cons
Intuitive and easy-to-use interface
Free plan limits premium features
Powerful search, automation, collaboration tools
Some integrations require paid subscription
Custom views with filtering, sorting, grouping
Mobile app has limited features
Advanced scripting for productivity
Updates cannot be opted out of
Pricing Packages of Airtable :
Airtable offers a Free Plan for individuals or very small teams just getting started with Airtable, and three paid plans i.e. a Plus, Pro, and Enterprise plan. Pricing details of each plan are given below:
Plan
Pricing
Free
$0
Plus
$10 per seat per month when billed annually
Pro
$ 20 per seat per month when billed monthly
Enterprise
Custom Plan
Paymo
Website
www.paymoapp.com
Rating
4.7/5
Free Trial
15 Days
Platforms supported
Web, Android, iPhone/iPad
Paymo – online project management system
Paymo is a popular online project management system that helps teams plan, track, and invoice their work. With Paymo, users can create projects and break them down into tasks, assign them to team members, set deadlines, and track progress. The time tracking feature allows users to record the time they spend on each task, which can then be used to generate invoices for clients. The team collaboration feature allows users to communicate with each other, share files, and collaborate on tasks in real time.
Features of Paymo
Task management
Time tracking
Planning & scheduling
Resource management
File management
Financial management
Client & team collaboration
Customization
Mobile solutions
Analytics & reporting
Invoicing & online payments
Profitability tracking
Pros
Cons
Customizable interface with fields and reports
Wide range of features can overwhelm beginners
Mobile apps for iOS and Android
Customization options may be limited
Integrates with Google Calendar, Trello
Fewer integrations compared to other tools
Pricing Packages of Paymo:
Paymo offers a Free Plan for personal use, and three paid plans i.e. a Starter Plan – A complete suite for freelancers, Small Office Plan – For small teams & departments, and a Business plan – For medium & large teams. Pricing details of each plan are given below:
Plan
Pricing
Free
$0 / user / month
Starter
$4.95 / user / month when billed annually
Small Office
$9.95 / user / month when billed monthly
Business
$20.79 / user / month when billed monthly
Monday.com
Website
Monday.com
Rating
4.6/5
Free Trial
14 Days
Platforms supported
Web, Android, iPhone/iPad
Monday.com – Best Startup Project Management Tool
Organize your enterprise assets with ease using Monday.com which is a is a cloud-based Work OS – a customizable project management platform. With monday.com, you can manage not only your physical assets but also streamline workflows and increase productivity through features such as no-code automations and integrations. Visual boards ensure teamwork alignment and effective collaboration, while dashboards provide a clear overview of progress and outcomes. It has a user interface resembling an Excel spreadsheet and provides robust capabilities for organizing and monitoring daily work processes.
Features of Monday.com
A monday.com board is a digital table used to organize tasks.
Monday’s checklists break down larger tasks into manageable sub-tasks.
Monday offers automation for tasks, including recurring tasks, and improves work processes.
Monday integrates with various external apps to improve data sharing and teamwork within your workplace software.
Monitor and visualize key data and KPIs with Monday’s graphics and tracking features.
Project Management, a quick tutorial | monday.com tutorials
Pros
Cons
Forever free plan available
Difficulty in tracking project goals
Built-in time tracking feature
No option to assign comments to team members
Various board views
Insufficient task dependency capabilities
Monitor progress with Gantt charts
Restricted activity log
Mobile app for remote management
No idea management tools
Pricing Packages of Monday.com:
Monday.com offers a Free Plan, and four paid plans i.e. Basic, Standard, Pro and Enterprise. Pricing details of each plan are given below:
Plan
Pricing
Individual
$0 Free Forever
Basic
$8 / seat / month when billed annually
Standard
$10 / seat / month when billed annually
Pro
$16 / seat / month when billed annually
Enterprise
Custom Price
Jira
Website
Jira
Rating
4.5/5
Free Trial
7 Days
Platforms Supported
Web, Android, iPhone/iPad
Jira – Best Startup Management Software
Jira, part of Atlassian, is a top project and issue-tracking tool for development and technical teams. It helps users plan, track, and complete tasks efficiently, including recurring tasks.
The free plan supports up to 10 users, while paid plans offer AI features to simplify tracking and collaboration. Jira provides multiple views—lists, boards, timelines, and calendars—and includes drag-and-drop forms, automation rules, and many integrations for flexibility.
With mobile apps, you can manage tasks, create issues, track progress, and collaborate from anywhere, with the same features as the web version.
Features of Jira:
Task and project management with support for recurring tasks
Multiple workflow views: lists, boards, timelines, and calendars
AI-powered automation for task tracking and collaboration
Drag-and-drop form builder for custom workflows
Extensive library of integrations with other tools
AI-powered automation for tracking and collaboration
Can feel overwhelming for small teams
Drag-and-drop form builder for custom workflows
Pricing can be high for larger teams
Extensive integrations with other tools
Some features require paid plans
Mobile apps for on-the-go project management
—
Customizable dashboards and reporting
—
Pricing Packages of Jira:
Plan
Pricing
Free
$0 for up to 10 users
Standard
$7 / user / month when billed annually
Premium
$14 / user / month when billed annually
Enterprise
Custom pricing
Conclusion
Whether you are a new startup or a freelancer you must need a project management tool to accomplish your short-term goals. There are many different project management tools available, and the right one for your team will depend on the size and complexity of your projects, as well as your team’s specific needs and preferences. Ultimately, the right project management tool can help teams work more efficiently, stay organized, and deliver projects on time and within budget.
FAQ’s
What are project management techniques?
Project management techniques refer to the specific approaches and methods that project managers use to plan, organize, and control projects.
Why project management is important?
Effective project management is essential for the success of any project, large or small. It helps ensure that projects are completed efficiently and effectively and that teams are able to deliver high-quality results that meet the needs of stakeholders.
What are the three main types of project management software?
Three types of project management software include standalone project management software, integrated project management software, and collaboration software.
What are some top project management software tools to use in 2024?
Some popular project management software tools options to use in 2024 include:
Zoho
ClickUp
Scoro
ProofHub
Basecamp
GanttPRO
Redbooth
nTask
Celoxis
Cage
Is project management software secure?
In general, project management software is designed to be secure and protect the confidentiality and integrity of your data. However, it is important to follow best practices such as using strong passwords, enabling two-factor authentication, and using encrypted connections to ensure that your data is secure.
What is project management software for?
Project management software is designed to help businesses and individuals track projects, tasks, and schedules.
The globe is slowly paving its way towards a cashless society. From invoices to cards and now to mobile wallets, this significant transformation has reduced the weight of bulky wallets. We can pay for any product, transfer money, make bill payments, and almost everything to do with money from the comfort of our home. Payment wallets in India have made online transactions of money easy and fast, with their one-tap feature and quick processing, all at one go.
A mobile wallet is a digital wallet that uses a bank account or credit/debit card to make payments seamlessly while securing the data of the user. They are designed to enable secured transactions with a hassle-free process, with reduced fraud. This method of online payment has proved to be more economical as compared to other physical wallets. These wallets are easily accessible as well from the play-store or app store.
India ranks 2nd highest in the Asia Pacific for digital payment adoption.
Digital payments in India are set to account for 71.7% of the total payments volume by 2025, leaving cash and cheque transactions at 28.3%, according to a report by a US-based payment systems company.
Since Demonetization hit the Indian Economy harshly, the Government promoted the use of these wallets and since then the user base of these e-wallets has been increasing significantly. Many digital wallets by the Indian Government has been given to citizens like UPI, BHIM, Aadhaar Pay and Payment Banks.
How Does A Mobile Wallet Work?
Start by downloading the mobile app of your choice onto your smartphone. Then, load the card information you want to store, from debit, and credit cards to loyalty cards and even coupons.
When you want to make a purchase with your mobile wallet, you can either:
Choose your app and select a card at the checkout screen when you’re shopping online with your smartphone.
Tap your phone to a digital payment-enabled terminal at participating merchants when checking out. Mobile wallets use what is called a Near-Field Communication (NFC) chip that lets you use contactless payment with a physical card.
Types Of Mobile Wallets In India
Closed PPI
Semi-Closed PPI
Open PPI
Definition
Issued by a company to buy goods and services only from that company; it does not permit cash withdrawals or redemptions.
Can be used to buy goods and services from merchants that have a contract with the Issuer to accept the payment instrument; it does not permit cash withdrawals or redemptions.
Allows a user to buy goods and services, withdraw cash at ATMs or banks, and transfer funds.
KYC Requirement
No KYC required
No As Such compulsion for KYC
KYC is Required
Examples
Makemytrip Wallet
Mobikwik
PayTM Payment bank
Are Mobile Wallets Secure?
One security concern when using a mobile wallet is losing your phone or having it stolen. That’s why it’s smart to use something like two-factor authentication, which could include setting up a personal identification number or a fingerprint requirement to unlock your phone.
You can also protect your data by installing apps that will help you locate your phone if you lose it or remotely wipe the data so a thief can’t reach the sensitive information in your phone. If you see any suspicious or unauthorized charges on your account(s), it’s a good idea to immediately change your password and call your bank to let them know.
Paytm is one of the largest online commerce platforms in India offering its customers a mobile wallet to store money and make quick transactions. It is considered by many the best mobile app in India. Paytm was launched in 2010 and basically works on a semi-closed model. Users can load money and make payments to merchants. E-Commerce is an added benefit of it, but despite that, you can make bill payments, transfer money, and avail yourself of services of entertainment, travel, and cashback. Payments through Paytm are accepted almost everywhere.
Google Pay
Mobile Wallet
Google Pay
Founded
2017 (India launch)
Total Downloads
1B+ (on Google Play Store)
Google Pay – Best Wallet Apps in India
It was formerly known as Tez andfor obvious reasons, it gained its user base really quick, in spite of being a late entrant in the mobile wallet industry. It is the best online payment app or best money transfer app with cashback. Google Pay works with your existing bank account, which already means that your money is safe with the bank and no issues with recharging your wallet every month. Send or receive money from your friend directly to your bank account. There is also no such issue regarding KYC making it all the more popular.
BHIM (Bharat Interface for Money) is another best mobile wallet in India. It is a mobile wallet app developed by the National Payments Corporation of India (NPCI), based on the Unified Payment Interface (UPI). Launched in December 2016, it is intended to facilitate e-payments directly through banks. Users register their bank account with BHIM and set a UPI PIN for the bank account. It can be used by both Axis Bank users as well as other bank users. The Mobile Number is then the permanent address and they can start transacting. User can pay their friends, family and merchants with the tap of a button.
PhonePe
Mobile Wallet
PhonePe
Founded
2015
Total Downloads
500M+ (on Google Play Store)
PhonePe – Best Payment Wallet in India
PhonePe was launched in 2015 and is now a part of Flipkart. From UPI Payments to mobile recharges, and money transfers to online bill payments, this can be done easily on PhonePe. With a good user interface, PhonePe has offered the safest and fastest online transaction experience in India.
Mobikwik
Mobile Wallet
Mobikwik
Founded
2009
Total Downloads
50M+ (on Google Play Store)
MobiKwik – Mobile Wallet in India
Mobikwik was launched in 2009 with its key proposition in Recharge and Bill payments. Mobikwik is one of the independent mobile payment networks that has a user base of 32 million. This e-wallet lets its users add money using debit cards, credit cards, net banking, and even doorstep cash services. One of the unique features Mobikwik has offered its users is ‘expense tracker’, basically which allows users to set a budget for expenses via SMS data to analyze and control the expenditure.
This application was launched by the State Bank of India to let users transfer money to other users, pay bills, recharge, book tickets, shop, and travel. This is one of the top mobile wallets in India and has offered its mobile wallet services in 13 languages the best part is, that it is also available to non-SBI customers. It taps into the special feature where-in it allows its users to set reminders for dues, and money transfers, and view mini-statement for the transactions done already.
Citi MasterPass was launched recently by Citi Bank India and MasterCard. This is one of India’s first global outreach in terms of digital wallets for faster and more secure shopping. Citi Bank debit and Master card customers become the first in this country to shop at more than 250,000 e-commerce merchants. It has ensured fast checkout with a single tap and stores all credit, debit, prepaid, and shipping details.
ICICI Pockets
Mobile Wallet
ICICI Pockets (ICICI Bank)
Founded
2016
Total Downloads
5 M+ (on Google Play Store)
ICICI Pockets – Mobile Wallet in India
It’s one of the best mobile wallets in India. It has provided the convenience of using any bank account in India to fund your mobile wallet and pay for transactions. It basically uses a virtual VISA card that enables its users to transact on any website or mobile application in India and provides exclusive deals or packages from associated brands.
HDFC PayZapp
Mobile Wallet
HDFC PayZapp
Founded
June 2015
Total Downloads
10M+ (on Google Play Store)
HDFC PayZapp – Best Wallet in India
PayZapp is a complete payment solution by HDFC Bank which has a one-tap feature for easy payment. Not only does it let you recharge your phone or send money but also your DTH and data cards, pay utility bills, and compare and book flight tickets, trains, hotels and shops.
Amazon Pay
Mobile Wallet
Amazon Pay
Founded
2007 (Global), 2011 (India)
Total Downloads
500M+ (on Google Play Store)
Amazon Pay – Mobile Wallet in India
Owned by Amazon, this online payment processing service was launched in 2017 in India (globally- 2007). Amazon Pay has focused its customers more on Amazon and so it gives its users the option to pay with their Amazon accounts on external merchant websites, including apps like BigBazaar etc. With Amazon Pay, you get to shop on Amazon with a number of cashback and discounts with fast shipping services. Recently, Amazon Pay got tied up with fintech companies, such as Zest Money to enable no-cost EMI payment options. The application has also made it easier for buyers to buy products on Amazon and pay later via affordable monthly instalments.
Samsung Pay
Mobile Wallet
Samsung Pay
Founded
August 20, 2015
Total Downloads
100M+ (on Google Play Store)
Samsung Pay – Mobile Wallet in India
Samsung Pay is a digital wallet service owned by Samsung, it was launched on the year 2015. It is considered one of the best payment processing services for contactless payments. Samsung is accepted in almost every store, wherever credit and debit cards can be used it also offers Cashback. With the help of Samsung pay, the transaction between merchants and payers are possible without the exchange of bank and card information. Samsung Pay accepts all kinds of card readers like magnetic stripes, EMV and others,
Apple Pay
Mobile Wallet
Apple Pay
Founded
October 20, 2014
Total Downloads
Not publicly disclosed
Apple Pay – Mobile Wallet in India
Owned by Apple Inc., Apple Pay is a digital wallet service, which was launched in the year 2014. Major credit and debit cards are supported in Apple Pay, it also provides extreme security through touch and face id. Anyone owning an apple device can use Apple Pay on them for making payments. The card information is kept confidential while making payments. Apple Pay currently is available in more than 60 countries.
WhatsApp Pay
Mobile Wallet
WhatsApp Pay
Founded
February 2018 (India pilot)
Total Downloads
Over 1 billion (WhatsApp Messenger)
WhatsApp Pay – Best Wallet App in India
Launched in the year 2018, WhatsApp launched the chat payment service to allow users to complete any kind of transaction through WhatsApp. The secure way of the transaction enables people to make payments easy just like sending a message on WhatsApp. WhatsApp Pay has also been providing some great features like Cashback to attract more customers. This UPI-based payment service provides the option of sending and receiving money.
Freecharge
Mobile Wallet
Freecharge
Founded
August 2010
Total Downloads
50M+ (on Google Play Store)
Freecharge – Mobile Wallet App in India | Digital Wallets in India
Freecharge is a wallet app that is easy and fast to use for payments. You can recharge your phone, pay bills, and send money to friends. It also works with UPI payments and is popular for online shopping.
Freecharge gives good cashback offers and discounts, which users like. It lets you split bills, so sharing expenses with friends or family is simple. Many stores accept Freecharge for payments both online and in shops.
Airtel Money
Mobile Wallet
Airtel Money
Founded
2012 (initial launch)
Total Downloads
50M+ (on Google Play Store)
Airtel Money – Best Digital Wallets in India
Airtel Payments Bank Wallet is a special service that mixes a mobile wallet with digital banking. You can pay bills, recharge your phone, or send money using UPI. It gives you more interest on your balance than regular savings accounts.
The wallet works well with Airtel services and gives special discounts to Airtel users. You can also withdraw cash from ATMs without a card, using QR codes. It is safe and trusted for your digital banking needs.
Mobile Wallets’ Usage in India
Advantages Of Mobile Wallets
Mobile wallets got popular due to the advantages it offers. Here are listed some of the advantages of using mobile wallets in India
1. One-Click Pay
This is one of the most convenient ways to make payments since the user can pay via such wallets. The mobile wallet takes the information from your card (credit/debit) and makes payments directly or adds money to your wallet. This has offered easy accessibility to users.
2. Multiple Features and Uses
With easy accessibility, it can be used anytime, anywhere. These mobile wallets can be used in a jiffy, it’s just that you need a proper internet connection for your device. Also, your single mobile wallet account can be accessed on any of your devices like laptops, PC, or smartphones with authenticated verification.
3. Robust Security Features
Mobile wallets have tried hard to provide extensive safety and security. Almost more than half of the population has shifted from leather wallets to e-wallets for the protection of their money. Mobile wallets have also reduced the chance of daily theft or losing cash.
4. Several Benefits
They come up with several other benefits like loyalty programs, cashback, rewards, shopping benefits, and many more so that their customers stay happy. Simultaneously, users can also save money through heavy discounts and offers.
How funds in a Mobile Wallet are spent in India
Mobile Wallet vs Digital Wallet
Mobile Wallet
Digital Wallet
Definition
Mobile wallets are payment apps housed on mobile devices, like smartphones and wearables.
Consumers using digital wallets, may or may not interact with them on their smartphones.
Uses
Consumers mostly use a mobile wallet for in-person transactions.
Consumers mostly use a digital wallet for online shopping or purchases.
Examples
Some of the most popular mobile wallets are Apple pay, Samsung pay, etc.
Some of the most popular digital wallets are Paytm, Paypal, etc.
Limitations Of Mobile Wallets In India
Besides the advantages Mobile wallets in India offer in the payment service industry, it has some limitations which are listed below.
A limit is set on the amount that you can deposit in your mobile wallet. For instance, Paytm allows the amount of ₹20,000 in its wallet.
The number of merchants listed or having a tie-up with these wallets is limited. In that case, you would always need to carry some cash in urgency.
Sometimes, Infrastructure issues stand for a lot of lost transactions or common ‘server down’ problems.
Few times, some fraud calls can also cause a possibility of a mobile theft where your personal information is compromised.
One of the major concerns is that a person needs a smartphone to make online transactions possible and that too, with good internet connectivity. This alone has stood a major limit to many poor families, who still carry cash in their pockets.
More than 40% of respondents used a smartphone in India.
While these large numbers and large user bases indicate the growing need for secure, faster, and efficient transaction methods for the online marketplace. Regardless of what we’ve seen and read, top e-wallets in India have outweighed its concerns. The use of e-wallets has constantly increased due to obvious reasons and its surprising offers. Mobile wallets continue to gain prominence in smartphones and laptops across the globe and have dominated the discussions of new ways to pay.
A digital wallet sometimes called an e-wallet, is a service that allows you to pay for things, usually through a mobile phone app. It also stores a number of other items a traditional wallet would hold, such as a driver’s license, gift cards, tickets for entertainment events, and transportation passes.
What is a digital wallet used for?
A digital wallet (or e-wallet) is a software-based system that securely stores users’ payment information and passwords for numerous payment methods and websites. By using a digital wallet, users can complete purchases easily and quickly with near-field communications technology.
Which is better PhonePe or Google pay or Paytm?
Experts suggest that all three digital transaction apps, more or less, are equally secure. While Google’s brand image definitely does some good to Google Pay. Paytm, and PhonePe continue to be easy picks for others due to their many features.
How to get PhonePe cashback?
Steps to get PhonePe cashback:
Download PhonePe App.
Do the needful for PhonePe Login / Signup.
Set Your Virtual Payment Address (VPA)
Click On Bank Accounts From Menu &Link Your Bank Account.
Recharge Your Mobile.
Which Mobile wallet has highest market share in India?
Paytm has the largest market share in India followed by PhonePe and GooglePay.
What is the difference between Paytm vs PhonePe?
Paytm Allows transactions across multiple modes like wallets, UPI, and payment gateway. PhonePe has started its wallet service but it is widely used for its UPI-based transaction which doesn’t charge you for any transaction.
Which wallet app is best in India or write a few Mobile wallet examples?
The food delivery segment in India has witnessed an unprecedented surge. Late-night cravings, urgent home delivery, etc., have now become the norm. Despite being a huge potential market in India at present, only 2-3 brands dominate this industry, and Zomato is one of them.
Zomato is an Indian restaurant aggregator that delivers food in almost every Indian city. Zomato provides a complete reference for a restaurant. Right from menus to reviews, it covers all the aspects centered around a restaurant.Now, the question in your mind would be, who found this brilliant startup to curb all your midnight cravings? It was founded by Deepinder Goyal and Pankaj Chaddah.
Zomato is gradually building on its global presence. They have acquired about 15 startups in different countries, including foreign competitors, to increase their foothold in other countries. In 2014, Zomato acquired Gastronauci, Poland’s restaurant search service, and Cibando, an Italian restaurant finder. They made their biggest acquisition in 2022 by acquiring India-based Blinkit (formerly Grofers) for an estimated $560 million in an all-stock deal.
Initially named Foodiebay when it began in 2008, the venture was later renamed Zomato in 2010.
Zomato Limited, the parent company of Zomato, has officially changed its name to Eternal Limited as of March 20, 2025, following approvals from both shareholders and the Ministry of Corporate Affairs. Despite the name change at the corporate level, the Zomato brand and app will continue to operate as usual, with no changes to its identity or services.
Deepinder Goyal Biography
Name
Deepinder Goyal
Born
26th January, 1983
Birthplace
Punjab, India
Education
Indian Institute Of Technology, Delhi
Wife
Grecia Munoz
Position
Co-founder and CEO of Zomato, Director of Upslope
Net worth
$1.7 billion, (October 2024)
Let us look at Deepinder Goyal story, education, personal life, controversies, life story, and history of someone whose current net worth is $1 billion.
Deepinder Goyal was born into a humble family in Muktsar, Punjab, on 26 January 1983. Zomato CEO Deepinder Goyal recently married Mexican model-turned-entrepreneur Grecia Munoz. Reports indicate that the couple tied the knot a few months ago. This is Deepinder Goyal’s second marriage; he was previously married to his IIT-Delhi batchmate, Kanchan Joshi.
Deepinder Goyal – Education
Hailing from a middle-class family, the Zomato founder, Deepinder Goyal, had a modest upbringing. After completing his graduation from the prestigious Indian Institute of Technology, Delhi, in 2005 in Mathematics and Computing, his interest in food was encouraged to conceive a venture that would help people have their lunch, breakfast, and dinner through the convenience of an app.
Deepinder Goyal – The Idea of Zomato
Ordering food from home wasn’t easy initially. To order food online, one had to choose from multiple restaurants without any information about the reviews and ratings. Discounts and offers on dining and food delivery were almost non-existent.
After graduating from IIT Delhi, Deepinder joined Bain and Company as a Senior Associate Consultant in January 2006. During his tenure with Bain, he founded FoodieBay.com, which later became Zomato.com. The idea of FoodieBay.com was his eureka moment. At Bain and Company, everyone had to stand in long queues to place their order. Deepinder and his colleague at Bain, Pankaj, came up with a creative solution to save the time they spent ordering food.
It was then that the duo decided to create a website for food ordering for Bain employees using the company intranet. To their surprise, the website was a hit and received heavy traffic. The Zomato founders saw an opportunity that could revolutionize the food tech industry.
Deepinder’s idea kick-started a new era. Neither he nor his colleagues thought that their idea would give rise to one of the most popular food aggregation brands.
After their experiment and the response they got from it, they were forced to add more restaurants to the list. By the end of the year, FoodieBay.com was introduced in mega-cities like Kolkata and Mumbai. In the year 2010, their startup started serving customers in Pune and Bangalore.
Deepinder Goyal recently joined India’s billionaire club following a surge of over 300 percent in Zomato shares since last year, reaching a market cap of INR 1.8 lakh crore, according to Moneycontrol. At 41, Goyal has also become India’s richest professional manager, with a net worth exceeding INR 8,300 crore.
Deepinder’s initial hurdle came from his family, who were reluctant to leave his stable job at the firm and join the startup journey and lifestyle. Deepinder’s wife, Kanchan Joshi, whom he met at IIT, was reluctant initially but later supported his new lifestyle completely. After establishing the startup in big cities, the Zomato owner hired Gunjan Patidar, another IITian, to assist the team in Operations. He had a hectic time running FoodieBay.com since the concept was unique and unknown to people at that time, and difficulties were inevitable. He had to face numerous entrepreneurial problems to convert his hard work into success. During the first two years, they ran the website without any hurdles but found it difficult to scale as more and more restaurants and pubs were being covered under Zomato. It was also a difficult time for them due to dwindling financial resources and trouble in securing funding.
Deepinder Goyal – Raising funds for Zomato
When the Zomato team desperately needed funding, Info Edge came to its rescue. In August 2011, Info Edge invested $1 million in FoodieBay.com, which was when Zomato founder Deepinder Goyal and his team changed the company’s name to Zomato.com. The funding was a morale booster that prompted Deepinder and Pankaj to quit their jobs at Bain and Company and dedicate all their time to the growth of Zomato.
After this, the food delivery and ordering trend took India by storm, turning the tide for Zomato. Since their initial funding in 2011, they’ve gone on to be funded by several investors and achieved the status of a unicorn in 2018. They ended 2020 by closing a $660 million primary financing round at a post-money valuation of $3.9 billion.
With rapid developments in the technology sector, Zomato modified its ways and launched its applications in iOS, Android, and Windows. Increasing popularity gave way to expansion in cities like Chennai, Hyderabad, and Ahmedabad.
After expansion, Zomato collaborated with Citibank, which was named “Citibank Zomato Restaurant Guide.”
The company is now publicly traded. On July 23, 2021, the shares were listed on the BSE and NSE. Its IPO price range was INR 72 to INR 76 per share. The market capitalization of Zomato is $29.94 billion (as of April 2025). It is the 817th most valuable company in the world based on market value.
Deepinder Goyal – The Dream Flight
Zomato Financial Snapshot FY24
Under Zomato CEO Deepinder’s guidance, the company expanded its operations in countries such as Dubai, UAE, Sri Lanka, Qatar, the United Kingdom, South Africa, the Philippines, and New Zealand.
During FY 2011-2012, Zomato Media Pvt. Ltd. reported revenues worth INR 2.04 crores, which ballooned to INR 11.38 crores during the financial year 2012-2013.
Zomato had around 2.5 million visitors on its website in March 2012. This increased exponentially to 62.5 million during 2014. Their revenues surged too, INR 30.06 crore generated in 2012 as revenue increased to INR 96.7 crore in 2015. Zomato recorded a growth rate of 68.9% in its gross revenue, reaching INR 7,079 crores in FY23.
In Q3 FY25, Zomato posted a revenue of INR 5,405 crore, marking a 64.4% increase from the previous year. However, its profit declined by 57% year-on-year to INR 59 crore due to rising expenses.
Zomato co-founder and CEO, Deepinder Goyal, has launched a new health and wellness startup called ‘Continue’ on 21st October 2024. This venture is focused on health tracking and mental wellness. The website, Continue.com, is still in a secretive “stealth mode,” so not many details are available yet. The company, called Upslope Advisors Pvt Ltd, was registered in April 20. Deepinder Goyal is a Director, and two Zomato employees, Akriti Mehta and Simrandeep Singh, are listed as Additional Directors, based on information from the Ministry of Corporate Affairs. This is Deepinder Goyal’s personal venture at this point.
Update on Continue
Been getting a lot of curious messages since the morning, so here’s an update on Continue.
It is as of now, my personal health and wellness team, entirely funded by me, which tracks and researches how to keep me running at my peak performance.
Deepinder has shown how to grow a business by setting up examples for his co-workers. Working for 24 hours is never a cakewalk, especially when there’s pressure from parents upon leaving a well-settled job. Under his guidance, Zomato has received multiple awards, mostly user choice, which proves customer satisfaction. At the age of 31, Deepinder Goyal, the founder of Zomato, won the Economic Times Startup of the Year. Rising from the lowest moments of despair and distress to revolutionizing an entire segment is no simple feat. That’s what Deepinder Goyal has achieved. A millennial cannot imagine life without Zomato—Deepinder has taken his venture to enviable heights!
Deepinder Goyal – Shark Tank India
Shark Tank India Judges – Anupam Mittal, Namita Thapar, Deepinder Goyal, Vineeta Singh, Aman Gupta
Deepinder Goyal was one of the new sharks on Shark Tank India season 3. At the age of 40, he became an inspiration to young people and has chosen to impart his knowledge to aspiring entrepreneurs. He joined Ritesh Agarwal, the founder and CEO of OYO Rooms, Azhar Iqubal, the co-founder and CEO of Inshorts, and the returning sharks Aman Gupta, Anupam Mittal, Namita Thapar, Vineeta Singh, and Peyush Bansal on the panel.
The Zomato founder invested in unique and scalable firms in Shark Tank India season 3. He was particularly interested in businesses that were challenging the status quo and had the ability to make a significant difference in people’s lives. Goyal’s addition to the panel of sharks was indeed more exciting and informative.
Deepinder Goyal wrote this on his social media:
All growth comes from discomfort.
I am here to learn, step outside my comfort zone, and add my two special cents to something crazy.
This is turning out to be a weekend well spent outside of @zomato.
As per reports, the food delivery platform and Zomato’s competitor, Swiggy is close to finalizing a deal to sponsor the fourth season of Shark Tank India season 4. Swiggy has requested that Zomato CEO Deepinder Goyal not return as an investor, according to Goyal. This decision highlights the growing competition between the two food delivery companies.
“I unfortunately can’t go back because Swiggy sponsored Shark Tank this time and kicked me out,” Goyal said at the ET Startup Awards 2024 on 5th October, 2024.
“Apparently, that’s what I heard. They (Swiggy) said that this is the sponsorship, and DP (Deepinder Goyal) can’t be on the show,” he added.
In March 2025, a public clash happened between Zomato CEO Deepinder Goyal and Zepto CEO Aadit Palicha over the quick commerce market. Goyal said the industry was losing around INR 5,000 crore every quarter, and blamed Zepto for more than half of it.
Palicha replied on LinkedIn, calling Goyal’s claims “verifiably untrue.” He said Zepto’s financials would prove him wrong, but still showed respect for Goyal, calling it possibly a mistake.
Later, Palicha accused a rival CFO of spreading lies to investors and using social media bots to damage Zepto’s image.
This dispute shows the rising tension in the fast-growing quick commerce space in India.
Deepinder Goyal started a debate on 20th November 2024 by offering a Chief of Staff job with a strange condition. In this job, the applicants must pay INR 20 lakh to get the job, and there will be no salary at first. Goyal said this Chief of Staff job will give 10 times more learning than a two-year course at a top business school. Another benefit is working closely with him and some of the smartest people in consumer tech.
The job post got mixed reactions on social media. Many users said it is unfair to talented people from less wealthy backgrounds who can’t pay INR 20 lakh upfront or cover their basic needs for a year.
A day after this controversial Chief of Staff job post, Goyal said on 21st November 2024 that they got over 18,000 applications. He explained that the INR 20 lakh fee was just a way to filter candidates and wouldn’t actually be charged.
Deepinder Goyal – Investments
Deepinder Goyal has made 22 investments. His most recent investment was in March 2025, in LAT Aerospace of $20 million, a new startup he co-founded with Surobhi Das, the former Chief Operating Officer (COO) of Zomato.
If you are an adventurer, a good pair of sneakers is a must for you in your life. The best part is that it can be worn with any kind of clothes that you decide to deck up with. You can never go wrong with sneakers as they are comfortable and stylish enough to lift your style quotient. Sneakers can be worn with almost anything; they are extremely versatile, and the comfort that they provide is unmatched.
When we talk about sneakers, sports shoes, apparel, or sportswear, two prominent brand names ring almost together. They are none other than Nike and Adidas. These two renowned multinational corporations from two different continents – the USA and Europe- have been hot favorites in the category of sneakers and sportswear forever. Almost everyone has an idea or has at least heard of these two brands. Furthermore, growing in the same niche, Nike and Adidas have always been obvious competitors/rivals in their space. Both of them focus on sportswear, and the shoes are what they specialize in. However, over the years, both the US and German sports labels have maintained two recognizable brands around the world. Yes, financially, Nike is known to be much larger than Adidas, but the latter’s performance has been better over recent years.
Both companies have a long history of producing high-quality athletic gear, footwear, and accessories, and have gained a loyal following of customers who appreciate their commitment to innovation, performance, and style. But when it comes to choosing between these two powerhouses, which one comes out on top?
In this blog, we will explore the differences between Adidas and Nike, taking into account factors such as history and growth, technology, business model, plans, and more. Whether you’re a seasoned athlete or just looking for stylish casual wear, this comparison will help you determine which brand (Nike or Adidas) is the better fit for you.
Adidas vs Nike
Comparison Between Nike and Adidas:
Category
Nike
Adidas
Founders
Phil Knight (track athlete) and Bill Bowerman (track coach) in 1964
Adolf Dassler and Rudolf Dassler in 1924 (split in 1949; Adidas by Adolf)
Origin Name
Originally “Blue Ribbon Sports”; renamed to Nike in 1971 (named after the Greek goddess of victory)
Originally “Dassler Brothers Shoe Factory”; renamed to Adidas in 1949
Trademark Tagline
“Just Do It” (introduced in 1988)
“Impossible is Nothing” (launched in 2004)
Brand Image
Youthful, innovative, performance-driven, with a strong celebrity-athlete focus
Classic, sustainability-oriented, comfort and heritage-driven
Product Quality
Known for cutting-edge technology, performance features, and durability
Known for comfort, style, classic appeal, and performance for athletes
Founded in 1964 as Blue Ribbon Sports, officially changed to Nike in 1971.
Founded in 1949 in Germany, became a global brand in the 1970s and 1980s.
Growth
Rapid growth in the 1970s and 1980s with the introduction of innovative technologies such as Air cushioning and the “Just Do It” advertising campaign.
Strong growth in the 1970s and 1980s with the introduction of classic designs and innovative technologies.
Market Expansion
Strong presence in North America and Europe, as well as growing markets in Asia, Africa, and South America.
Strong presence in Europe and North America, as well as growing markets in Asia and South America.
Adidas History and Growth
Adidas is the largest sportswear manufacturer in Europe and the second-largest in the world after Nike. Formerly known as “The Dassler Brothers Shoe Factory”, the company was founded by Adolf Dassler and Rudolf Dassler in 1924. The founders, being sports enthusiasts, began to make sport-oriented shoes that could improve the performance of athletes in any sport.
Later in 1949, the two brothers broke their relationship, which led to the creation of Adidas by Adolf Dassler and Puma by Rudolf, making them the biggest business rivals at that time. Adidas was named after the initials of Adolf Dassler’s while the logo of three stripes was taken on as a shoe design on the company’s shoes for better comfort.
In the 1970s and 1980s, the company continued to grow with the introduction of innovative technologies and a strong commitment to sustainability. In the 1990s and 2000s, Adidas expanded into international markets and made several acquisitions to further strengthen its position in the sportswear industry.
In 2017, Adidas made an annual revenue of 21 billion euros and had a brand value of 16 billion U.S. dollars in 2024. In the same year, Adidas employed 5,888 people worldwide and generated 50% of its sales in the footwear category. Adidas is much smaller than Nike in terms of what its customers are looking for and trying to find a bigger audience in North America. With their motto “Impossible is nothing,” Adidas’ net revenue as of 2024 is €23.7 billion.
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Adidas was started by two brothers – Adolf (“Adi”) Dassler and Rudolf Dassler began the company together before splitting; Rudolf went on to create Puma.
Nike History and Growth
Nike is an American multinational company that is the world’s largest athletic shoe and apparel manufacturer and supplier. Originally known as “Blue Ribbon Sports,” it was founded by Bill Bowerman and Phil Knight, who was a track athlete in 1964 before becoming Nike in 1971. The name was taken from Nike, the Greek goddess of victory. The company was first established as a distributor for the Japanese shoemaker Onitsuka Tiger. Bowerman then made his first shoe for Otis Davis, who later went on to win two Olympic gold medals in 1960.
Blue Ribbons Sports sold 1300 pairs of Japanese running shoes with a gross of $8000. Its first advertisement gave its tag name as “There is no finish line,” which was changed to “Just do it” in 1988. As per the statistical records of 2024, Nike’s revenue is $51.362 billion and leads the world as the number one brand in the sports business.
Nike experienced rapid growth in the 1970s and 1980s with the introduction of innovative technologies such as Air cushioning, as well as the “Just Do It” advertising campaign. In the 1990s and 2000s, the company continued to grow through international expansion and acquisitions of other brands.
When it comes to Nike, it is the most valuable sports brand in the world, especially in North America. Unlike Adidas, Nike’s first target audience is the people of North America, and they also have strong marketing and sponsorship agreements to back it. Making it the reason behind Nike getting 30.57 billion euros in revenue in 2017. In 2006, however, Nike was still the leader with 13.44 billion euros while Adidas made 10.08 billion euros. In 2015, Nike also won the bet against Adidas and became the next exclusive provider of uniforms to the NBA. Nike’s total global revenues were reported to be $51.36 billion as of 2024.
ZoomX is a cushioning foam developed by Nike that is used to provide lightweight, responsive, and durable cushioning in running shoes.
Boost technology is a cushioning system used in Adidas sneakers to provide energy return and comfort.
Material
ZoomX is a foam material made of a proprietary blend of foam materials.
Boost is made of thermoplastic polyurethane (TPU) pellets that are fused to form a foam.
Nike Technology
Nike uses lighter materials to make its shoes lightweight, and they are made of polyester, rubber, and cotton. With that, it uses ZoomX technology, so that consumers can experience good speed while running. Nike shoes have holes in their toe cap, which makes them breathable and hygienic for feet as well. Nike shoes provide amazing designs. Nike does make more business than Adidas, but the customer reviews have deteriorated, and there has been no innovation that has been as big as Yeezy’,s which is under Adidas.
Adidas Vs Nike – Comparison between Adidas Ultra Boost and Nike Air VaporMax
Adidas Technology
Adidas always believes in putting quality over quantity and gives more importance to customer satisfaction. Adidas talks to many athletes about their preferences and comfort to implement them into their design. This was the reason for them to innovate Boost technology, which is an innovative cushion technology that includes a TPU (Thermoplastic Polyurethane) that compresses under pressure.
Adidas shoes weighed a little more than Nike shoes. The shoes consist of a full-length midsole and make it feel like a cushion-type material is present while wearing them. It focuses more on comfort and gives out more energy on every single stride. It also provides run-toe padding for its shoe models for comfort. This instantly bounces back to its original form, and in shock prevention, which helps the athlete in a more consistent run. Some of the famous shoes made by Adidas are the Y-3 collection, Ultra Boost, Gazelle, Supernova, etc.
Nike operates on a wholesale model, where it sells its products to retailers, who then sell them to consumers. Nike also sells directly to consumers through its own retail stores and e-commerce platform.
Adidas operates on a mix of wholesale and direct-to-consumer models, where it sells its products through retailers, its retail stores, and its eCommerce platform.
Nike Business Model
Nike is a leading sports apparel manufacturer that has ruled the industry for some decades now. The main focus of Nike has been an aggressive approach toward building strong and promising networks and partnerships with celebrity athletes. To quote an example, the exclusive contract that the company bagged with Michael Jordanwhen the latter signed it in 1984. This grew to be one of the most iconic partnerships in the sportswear industry and has benefited both of them. On one hand, Michael Jordan witnessed tremendous growth in his net worth, and on the other hand, it gave Nike a lead and a total monopoly in the basketball sneaker business. Besides, it also helped increase the overall demand for common stock ownership.
The American sportswear brand has already shifted from traditional media advertising and is hugely focused on social media advertisements and campaigns. Nike concentrates on the athletes who display a high ROI based on their social media profiles. Furthermore, the company chooses the teams that are the most talked about and displays the most engagement based on the core fans on their social media accounts.
Nike has largely focused on digitalization ever since it saw all the growth opportunities it could enjoy there. It has revamped its marketing and products to embrace the age’s demands. For example, it rolled out the FuelBand, a $150 electronic bracelet, designed to measure a person’s movements throughout the day, whether he/she is engaged in sports, swimming, jogging, or walking. This is a clear nod towards developing a digital force that Nike is aiming for now. One other thing that the company is eyeing is to reduce production costs and make its products environmentally friendly. Flyknit Racer is an exemplary product from Nike in this line.
Nike and Adidas Business Model Comparison
Adidas Business Model
Adidas’s business is inclined towards creating innovative products that are crafted to suit the needs and increasing demands of the consumers. Adidas doesn’t believe in forming partnerships and invests less in its product endorsements. Instead, the company is more focused on creating value by building products that are high in performance and are created with an eye on the specific needs of commoners and athletes. Furthermore, it also concentrates on its production rate, the available infrastructures, and the latest technologies that it can adapt, which Adidas constantly re-evaluates and expands. Moreover, the brand also puts efforts intoreducing the complexity on a group level by streamlining the global product range. Consolidating the base of the warehouse and harmonizing above-market service are some other things that Adidas is often involved in.
Adidas aims to deliver the best-branded shopping experiences at all consumer touchpoints. The company has also brought in innovative speed models in the supply chain, which help it respond quickly to consumer needs. These are some of the Adidas strategies that have motivated investors from all around the world to purchase Adidas common stock. Besides, the company has also shown promising growth here for many years now.
Is Nike more successful than Adidas
Marketing/Branding Strategies of Nike and Adidas
Category
Nike
Adidas
Marketing Focus
Nike has a strong focus on sports and fitness and targets athletes and fitness enthusiasts through its marketing campaigns.
Adidas has a similar focus on sports and fitness and targets athletes and fitness enthusiasts. However, it also targets fashion-conscious consumers through collaborations with fashion brands and designers.
Advertising
Nike’s advertising campaigns often feature high-energy, motivational content that focuses on the connection between sports and personal empowerment.
Adidas also uses high-energy, motivational content in its advertising campaigns, but it also highlights the fashion-forward aspect of its products through collaborations with fashion brands and designers.
Marketing/Branding Strategies of Nike
On diving into the marketing strategies of Nike, the first thing that will pop up in your mind is the dominant hold of the market that Nike exercises. The brand believes in maintaining a strong brand image, where it is prominently remembered as a sportswear brand. Nike is capable of pulling it off with the help of numerous smart marketing strategies that the brand implements. Here’s a quick look at all the key marketing strategies of the brand:
Positioning of Products: Throughout history, Nike has positioned its products with utmost care. For example, it sells “athletic shoes” for the sportsperson, which helps it capture the niche market easily. Going by the market segmentation of Nike, the company targets athletes, sportspersons, and others who are eager to lead a sporty or healthy lifestyle.
Creative Ability of Storytelling: Nike has heavily relied on its storytelling abilities. The brand, as it was founded by athletes, also has an authentic background or a credible story that backs it up. Yes, Nike founder Bill Bowerman is the person who first implemented this incredible idea of telling real stories. Back then, he was a track and field coach during Nike’s initial days when Bill wrote stories for his products that helped the company connect with its audiences.
A Focus on Social Media Marketing: As soon as Nike discovered that most of its audience was there on social media platforms, the brand decided to target various social media platforms. This helped Nike witness rapid growth in social media platforms and revenues. Here are some key highlights of the social media strategies: It focuses on user-generated content, Nike works out collaborations with celebrities, the company often engages with the users on social media, Nike attracts influencers and allows them to promote the brand.
Makes for Easy and Hassle-free Purchasing via its Website: Nike has decided to build an easy and effective website that categorizes all the products neatly in an easy-to-use interface. The website of Nike brings out the bold and fearless attitude of Nike users, which Nike boasts of. Nike also has smart product recommendations on its website, which makes it easy for purchasers to make their own decisions.
Loyalty Program: Nike has a loyal group of over 100 million members who have been recorded to have spent 3X more time on their website than the guest buyers. Nike used this data to stress their loyalty programs and has magnified their loyalty programs.
Adidas has rapidly progressed in the past few years by utilizing smart marketing strategies. The brand has notably grown at a rate of 17.6%, thereby adding nearly $5.8 bn since 2015, when compared to Nike’s addition of $4.3 billion at an average rate of 6.8%. Here’s a list of all that Adidas leverages, which helps keep the brand ahead of its peers:
Digital Marketing Strategy and Technical Advancements: Adidas’ straightforward digital marketing strategy and its laudable implementation are the power behind its success. A fast-growing eCommerce channel, digital production processes, and the quick adoption of technological advancements help the company gain a considerable amount of revenue, along with helping it engage with its consumers.
The pace of Production: Adidas boasts of its speed of production, which is completely digitalized and empowered with the latest technology of 3d printing and robotics at Speedfactory in Ansbach.
Relationship with the Customers: Adidas’ customer relationship is unparalleled. The company is there on the leading social media channels and keeps a constant engagement alive with its customers.
Commendable Collaborations and Partnerships: Adidas calls in creativity. The company opens its doors and lets out an open call for all the sportsmen and other consumers from all around the world who have a creative bent to collaborate with the brand. The “Calling All Creators” campaign is one illustrious example of such initiatives of the brand. Furthermore, Adidas also collaborates with renowned football players, singers, and athletes to inspire its consumers and target customers.
Strategic Cities of Operation: The cities that Adidas has decided to run its operations in include London, Los Angeles, New York, Paris, Shanghai, and Tokyo, which have been strategically important for its growth.
Adidas Ad
Revenue of Nike and Adidas
Category
Nike
Adidas
Revenue (2024)
$51.36 Billion
$25.53 Billion
Revenue Growth
0.28% YoY
11% YoY
Major Markets
North America, Europe, and Asia Pacific
Europe, North America, and Asia Pacific
Brand Value Comparison of Nike and Adidas Worldwide From 2020 to 2023
Nike Revenue
Nike has bagged in revenues close to $51.36 billion in FY23- 24. Nike has recruited and has over 79,000 employees working for them as of 2024. It is clear that Nike is the biggest sportswear brand and is a market leader to whom most of the other brands operating in the segment look up. Nike has recruited and has over 79,000 employees working for them as of 2024. It is clear that Nike is quite big and is a really strong competitor of brands that deal with sportswear.
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Fun Fact – Nike’s headquarters has a running track inside it – True to its roots, Nike’s Oregon campus includes top sports facilities.
Adidas Revenue
Adidas’ revenues have been reported at $25.53 billion in FY23- 24. Adidas has an employee strength of over 62,000, which was last reported in 2024. Adidas is one of the largest players operating in the sportswear segment, giving strong competition to Nike.
Nike operates a mix of in-house and outsourced production, with a majority of its products being manufactured by contract factories in Asia.
Adidas also operates a mix of in-house and outsourced production, with a majority of its products being manufactured by contract factories in Asia.
Suppliers
Nike sources raw materials and components from a network of suppliers worldwide.
Adidas also sources raw materials and components from a network of suppliers worldwide.
Nike Production and Suppliers
Although Nike is an American company, just like its competitor, the shoes are not made in its own country. It has over 523 factories spread in over 41 countries, and shoes and made mostly in China and Vietnam. Chinese manufacturers supply 23% of all Nike production, while Vietnam contributes 16% of Nike’s total production, which mostly consists of creating apparel and footwear.
Adidas Production and Suppliers
All the shoes from the brand Adidas are specially made in China, India, Atlanta, Indonesia, Thailand, Vietnam, Turkey, Germany, and Atlanta States. Adidas has over 500 factories in over 55 countries. The majority of shoes are made in countries situated in Asia, like Vietnam, Indonesia, and China. Vietnam produces 44% of all Adidas footwear, followed by Indonesia at 25% and China at 19%.
Cool Factor of Nike and Adidas
Category
Nike
Adidas
Collaborations with Musicians
Nike has collaborated with musicians, including Kendrick Lamar and Drake, on exclusive product collections and marketing campaigns.
Adidas has also collaborated with musicians, including Kanye West and Pharrell Williams, on exclusive product collections and marketing campaigns.
Collaborations with Celebrities
Nike has collaborated with high-profile celebrities, including LeBron James and Serena Williams
Adidas has also collaborated with high-profile celebrities, including James Harden and Kylie Jenner
The cool factor here refers to the collaboration with music and celebrities or other influencers. Adidas seems to be winning in this category as its athleisure collaborations with Kanye West and Beyoncé as compared to Nike’s more sports-focused approach with sponsoring some of the biggest names in the sports category like Serena Williams, Roger Federer, Tiger Woods, Kobe Bryant, and Lebron James, have created some noise.
With athleisure becoming a new trend, Adidas is trying to win the market by this approach. Kanye West is the best example of this because, with the help of Adidas, he has now built a billion-dollar Fashion Empire through his sneaker brand Yeezy.
Michael Jordan with Nike Jordan Sneakers
Nike’s main collaboration till now has been with the basketball veteran Michael Jordan, whose Air Jordan line of trainers holds the top spot for celebrity sneaker brand, generating more than $3 billion in sales every year. But the first Jordans were launched in 1985, which is why it has lost their cool factor. The Celebrities that support Adidas are David Beckham, Pharrell, and Novak Djokovic, while Nike’s supporters are Drake, Roger Federer, Cristiano Ronaldo, etc.
Nike vs Adidas: Sports Sponsorship
Feature
Nike
Adidas
Sports Sponsorships
Nike has a strong presence in the world of sports through sponsorships of high-profile events and teams, including the NFL, NBA, and FIFA World Cup.
Adidas also has a strong presence in the world of sports through sponsorships of high-profile events and teams, including the UEFA Champions League, MLS, and the Olympics.
Athlete Endorsements
Nike has a long history of partnering with high-profile athletes and sports teams to promote its products.
Adidas also has partnerships with high-profile athletes and sports teams to promote its products.
Sports sponsorship has been the main activity of both companies and has a history of being a part of numerous famous sports events. Nike is known to be the main provider of apparel, footwear, and uniforms of the NBA league most of the time.
In 2018, however, Adidas sponsored way more than Nike in the Football World Cup. Where 12 teams wore the brand Adidas, 10 teams signed up for Nike. Adidas boasts the current World Cup holders, Germany, along with Argentina, Spain, Belgium, Colombia, Egypt, Iran, Japan, Mexico, Morocco, Russia, and Sweden.
Both companies have always competed on who will get to sponsor more teams, especially in events like the FIFA World Cup, the Olympics, and NBA basketball games.
Nike has announced plans to become more environmentally sustainable and expand its digital presence, including the use of augmented reality and personalization technology.
Adidas has announced plans to increase its focus on sustainability and to invest in technology and innovation to enhance the consumer experience.
As with previous years, Nike is pivoting on its digital and DTC segments. The company is currently hoping to make 50% of its operations digital by 2025. On the other hand, climate neutrality is one of the primary things that Adidas is currently aiming at. The brand is presently looking to achieve climate neutrality in its operations by 2025 and bring in climate neutrality on a global scale by 2050.
Nike Vs Adidas: The Real Battle
To be specific, there is this timeless battle going on between the best sneaker brands in the world. The battle started in 1976 when Nike hired John Brown and Partners as their advertising agency. Nike emerged with aggressive marketing and took 60% of the athletic shoe market in its grasp. When 1988 Nike started the ‘Just do it‘ campaign, it became one of the best ad slogans of the 20th century.
In recent times, more specifically in 2014, Adidas partnered with Ye, formerly known as Kanye West, who claimed that his Yeezy Boost shoes are way better than Jordan Sneakers. This thing escalated the rivalry as people started leaning towards Yeezy’s.
Adidas Yeezy
The sponsorship battle between the two is another issue. With Nike sponsoring some of the biggest names in the sports category, like Serena Williams, Roger Federer, Tiger Woods, Kobe Bryant, and Lebron James, it has created some noise.
On the other hand, Adidas also showed that it is not less than anyone by sponsoring some of the biggest names from the sports and music industry. David Beckham, Novak Djokovic, Lionel Messi, Beyoncé and Ye. Reports claimed that Nike pays more to their sponsors than Adidas, though.
The fight between the two sneaker giants didn’t stop even during COVID-19 when Nike started creating face masks while Adidas created face shields.
Which Is Better Adidas or Nike?
Nike and Adidas are the two heavyweights when it comes to footwear and sports accessories. Regardless of where we come from, most of us are attracted to these brands when it comes to sports accessories, including footwear and more.
Nike certainly has an edge over its archrival Adidas. The former has owned 38.23% of the market share when it comes to sportswear. The advertisements and powerful celebrity endorsements including that of Michael Jordan, help Nike steer past its German counterpart, Adidas, in terms of market share, revenues, and profits. The latter, though owning a lot less of the market share than Nike, is well-revered among the world of its users for its quality and longevity. Founded in 1949, the German brand is one of the oldest operating players in the sportswear industry. However, it is the split between the brothers, Rudolf and Adolf Dassler, of the Dassler Brothers Shoe Factory that resulted in the making of two different brands – Adidas and Puma. This not only divided the brothers and their business for the rest of their lives but also divided the revenues they collected. However, it is also this split of the brothers that gave the world two of the leading brands in the footwear and sportswear industry for the users.
In short, it is subjective to choose between Adidas vs Nike as it depends on personal preference, which brand is better between Nike and Adidas. Both companies have a strong reputation and offer high-quality products. Ultimately, it is up to the individual to determine which brand aligns with their style, comfort, and performance needs.
Adidas has always managed to keep its audience in consideration to design its products undoubtedly, but Nike has always had an upper hand in innovation and design when it comes to the sports market.
What are the differences between Nike and Adidas?
Both Nike and Adidas are major players in the sportswear industry, but they have some distinct differences in terms of design, technology, and brand image. Nike has a reputation for being innovative and heavily focused on performance and technology, while Adidas is known for its classic and iconic designs and a strong focus on sustainability.
Adidas or Nike, which brand offers better quality products?
It is subjective as both Adidas and Nike offer high-quality products. It ultimately depends on personal preference, individual needs, and product type.
Who makes more money Nike or Adidas?
Nike typically generates higher revenue than Adidas. In 2024, Nike’s revenue is approximately US $51.36 billion, while Adidas’s revenue is approximately US $25.53 billion.
What is the Nike brand value?
In 2023, the Nike brand’s worth was $71.6 billion.
Is Nike an American company?
Yes, Nike is an American multinational conglomerate that was founded in Eugene, Oregon, US, on January 25, 1964.
What does Adidas stand for?
The name “Adidas” stands for the abbreviation of the name of Adolf Dassler, the founder of Adidas.
What is the Nike market share?
Speaking of Nike’s market share, the US sports apparel and shoe manufacturing company presently dominates the sportswear with approximately around 38.23% of the market share.
Which brand is more popular, Nike or Adidas?
Nike is typically considered more popular than Adidas. Nike has established itself as a global brand and household name, with a strong presence in sportswear and a reputation for quality products. However, Adidas has also gained significant popularity and recognition, particularly in recent years, and has a loyal customer base. The popularity of these brands can also vary regionally and culturally.
Nike or Adidas which is better?
Choosing between Nike and Adidas depends on what you’re looking for. Nike is known for its innovation, cutting-edge performance gear, and powerful athlete endorsements, making it a favorite among serious athletes and trendsetters. Adidas, on the other hand, stands out for its comfort, sustainability efforts, and timeless style, appealing to both athletes and everyday users. If you prioritize high-tech performance and bold branding, Nike might be better; if you value comfort, eco-friendliness, and classic design, Adidas could be your top pick.
India’s love affair with pizza is undeniable, making it one of the leading countries in terms of pizza shop density. From bustling cities to remote corners, pizza outlets have found their way into the hearts and taste buds of Indian consumers. As a result, numerous business owners are capitalizing on this trend by starting pizza businesses, even in unconventional locations like highways or underserved neighbourhoods.
If you’re considering opening a franchise in India, Domino’s Pizza presents a golden opportunity to generate substantial profits. Recognized as one of the most renowned franchises for food businesses in the country, Domino’s made its entry into the Indian market in the mid-80s. Fast forward to February 2022, and Domino’s boasts an impressive 1,500 stores across the nation, positioning India as its second-largest market globally, just after the USA. The immense success of Domino’s in India makes launching a Domino’s franchise an incredibly lucrative venture. Domino’s franchising offers entrepreneurs the opportunity to run a proven pizza business, but requires managing competition, costs, and customer expectations effectively.
In this blog post, we will provide you with a comprehensive step-by-step guide on how to start a Domino’s franchise in India. From understanding the franchise requirements to the application process, we’ll walk you through the essential information you need to know to turn your dream of owning a Domino’s franchise into a reality.
Let’s dive in and discover the path to fulfilling your entrepreneurial aspirations with one of the most renowned and beloved pizza brands in the country.
You can establish a Domino’s franchise in India of three possible types: traditional, non-traditional, and transitional.
Traditional Stores
The Domino’s outlets situated in the building offer enormous space to park vehicles for delivery people and customers, and they are known as traditional stores. It includes shopping malls and even significant buildings. Most of the traditional stores sell authorized products through takeout or delivery services.
Non-Traditional Stores
Non-traditional stores are located in non-traditional buildings. Simply put, they don’t limit themselves to malls; they can be on toll roads, office buildings, stadiums, or airports. They mainly offer takeaway services, but you can also find a dine-in facility in a few stores.
Transitional Stores
Transitional outlets are those where the customers is fewer than in the other outlets. In these outlets, the menu is slightly different because they are customized according to regional taste and location.
With its renowned brand name, Domino’s outlets have the inherent ability to attract a wide range of consumers, regardless of the establishment type. No matter the location, each Domino’s outlet provides a diverse menu that showcases the best options available. Alongside their famous pizzas, the Domino’s menu offers a delightful array of choices, including pasta, tacos, beverages, desserts, fries, and garlic bread. This extensive selection ensures that customers can find something to satisfy their cravings beyond just pizzas.
Pizza was first created as an inexpensive, delectable, fast cuisine in Naples, Italy, and has since garnered many followers in India as well. Pizza consistently ranks at the top among the dishes that people of all ages prefer, regardless of the occasion- a family reunion, a relative’s party, a routine day, or another. Therefore, starting a Domino’s outlet will be very beneficial because the brand position of the outlet will allow you to make a sizable profit. You can quickly earn monthly profits of up to 2-3 lakhs INR if you also guarantee delivery services.
What can be the best from Domino’s franchise if you are planning to start your own business? The pizza industry is not showing any signs of going down, and they are even adding new flavours to keep up with the changing preferences of the customers. If you talk about sales, Domino’s was declared the largest pizza seller in 2018. Since then, Domino’s has increased its franchise cost to 50 lakhs INR for traditional outlets and 30 lakhs INR for non-traditional outlets.
Money is the first thing that will strike your mind while planning to open up a Domino’s franchise. The Domino’s Pizza franchise cost in India can vary depending on several factors. Generally,
A traditional outlet’s franchise cost will start from 50 lakhs INR.
The franchise cost of a non-traditional outlet will be around 30 lakhs INR.
However, you should carefully consider your options before investing such a large sum of money because the Domino’s franchise price in Indian rupees could increase by more than 50 lakhs if the rent for the restaurant is excessive. The amount can even go up to a crore. Therefore, a well-thought-out business plan is essential for anyone looking to launch a Domino’s franchise in India.
Domino’s Franchise Cost Breakdown in India
Cost
Amount (In Rupees)
Domino’s Franchise Fee (10 Lakhs)+18% GST
11,80,000
Equipment and Machinery
20,00,000
Civil Work, Interior Design & Furniture
20,00,000
Training, Maintainance, Licensing, Marketing, and other costs
10,00,000
Total Initial Investment in Rupees
61,80,000
Note: These figures are estimates, and the actual Domino’s franchise cost may vary based on the location, size of the outlet, and other specific factors. For precise and up-to-date information regarding the cost of a Domino’s franchise in India, it is recommended to contact Domino’s or their franchise development team directly for detailed insights and financial requirements.
Cost
Amount (in Rupees)
Traditional Outlet
50,00,000 – 1,00,00,000
Non-Traditional Outlet
30,00,000 – 50,00,000
Franchise Fee (First)
4,50,000 (average)
Franchise Fee (Subsequent)
2,25,000 (average)
Infrastructure Investment
30,00,000 – 50,00,000
Total Investment Range
60,25,000 – 2,52,75,000
Space Required for a Domino’s Outlet
The space required for a Domino’s outlet can vary depending on the specific location and format of the outlet. Generally, Domino’s offers various outlet formats, including dine-in restaurants, delivery and carryout stores, and express outlets. The space requirements for each format are as follows:
Dine-in Restaurant: A dine-in restaurant typically requires a larger space to accommodate seating arrangements for customers. The recommended space for a dine-in Domino’s outlet can range from 800 square feet to 2,000 square feet or more, depending on the location and expected customer capacity.
Delivery and Carryout Store: A delivery and carryout store is primarily focused on takeaway and delivery services, with limited or no seating available. The space required for such an outlet can range from 400 square feet to 1,000 square feet, depending on the expected order volume and storage requirements.
Express Outlet: An express outlet is a smaller format designed for high-traffic areas or locations with space constraints. These outlets typically occupy less space and are focused on quick service and delivery. The space required for an express outlet can range from 200 square feet to 400 square feet.
Domino’s Outlet
Area Required
Dine-in
800 – 2,000 sq. ft.
Delivery/Carryout
400 – 1,000 sq. ft.
Express Outlet
200 – 400 sq. ft.
It’s important to note that these space requirements are general guidelines and may vary based on specific circumstances, local regulations, and Domino’s franchise guidelines. It is advisable to consult with Domino’s or their franchise development team for precise space requirements based on your intended location and format choice.
Documents & License Required for Domino’s Franchise
To open a Domino’s franchise in India, certain documents and licenses are typically required. Here are some common documents and licenses that are typically necessary:
To become a Domino’s franchise owner in India, the first step is to approach Jubilant FoodWorks Limited, which is the master franchisee of Domino’s in the country. Jubilant FoodWorks Limited holds the exclusive rights to operate and expand the Domino’s brand in India.
Basics for Opening a Domino’s Franchise in India
Before jumping to the steps, the following are some of the basics for opening a Domino’s franchise in India:
Location: The location of a Domino’s franchise plays a crucial role in the growth of a particular outlet because if you choose an appropriate location, more customers will be attracted to it. The outlet must have ample space in the location to ensure customers’ convenience, so that no customer should have to leave without grabbing their pizza.
Infrastructure: A welcoming and appealing infrastructure draws in a sizable number of customers. Therefore, the Domino’s franchise location’s infrastructure should be welcoming enough to permit casual dining or group gatherings.
Workforce: It would help if you would not forget that having a well-trained staff is crucial to running a successful store. They must follow Domino’s policy and act courteously toward customers because a minor slip-up might cause the customer to abandon the store, which could be bad for your franchise.
Delivery People: One of the additional services you have to offer at your franchise location is the ability to deliver pizzas right to customers’ doors. It would be best if you also had delivery personnel according to the needs of the local population and the availability of delivery vehicles.
These aspects will impact the cost of your franchise, and it will depend on the type of outlet you select to open. After learning the basic requirements, you will now know the steps to getting a Domino’s franchise in India. One has to follow these steps and procedures to gain ownership of Domino’s franchise. So, let’s take a look at these steps.
To start a Domino’s franchise in India, you can follow the following steps:
Steps to Start a Domino’s Franchise in India
Step 1 – Research and Assessment: Conduct thorough research about Domino’s as a franchise opportunity, including its brand reputation, market presence, and franchise requirements. Assess your own qualifications, experience, and financial resources to determine if you meet the eligibility criteria for a Domino’s franchise.
Step 2 – Contact Domino’s: Visit the official Domino’s website or reach out to their franchise development team to express your interest in opening a franchise. Request detailed information about the franchise process, requirements, and financial aspects.
Step 3 – Franchise Application: Complete the franchise application form provided by Domino’s. Submit the required documents, including personal identification, proof of ownership or lease agreement for the proposed location, and other relevant documents.
Step 4 – Evaluation and Approval: Domino’s will evaluate your application, financial status, and suitability as a franchisee. If your application meets the criteria and you pass the evaluation process, you will receive approval to proceed with the franchise. After this, you will be asked to wait for an interview over the telephone.
Step 5 – Telephonic Interview: Once you pass your telephonic interview, you will progress to the next level. Now, the franchise development manager will arrange a meeting with you to discuss the development details regarding the franchise. If the meeting goes well, then the financial data and other essential instructions will be provided to you for further due diligence.
Step 6 – Franchise Agreement and Fees: Review and sign the franchise agreement provided by Domino’s, which outlines the terms and conditions of the franchise relationship. Pay the required franchise fee and initial investment as specified in the agreement.
Step 7 – Location Selection and Setup: Work closely with Domino’s to select an appropriate location for your franchise outlet. Follow the guidelines provided by Domino’s for the store setup, interior design, and branding elements.
Step 8 – Training and Staffing: Now it’s time for your orientation and training as a franchisee. At this step, you will get taught about the roles and responsibilities of running a Domino’s franchise in detail. Recruit and train staff members according to Domino’s guidelines.
Step 9 – Licensing and Legal Requirements: This is the final step, where you will sign the agreement. Obtain the necessary licenses and permits required to operate a food business. Ensure compliance with all local regulations and legal obligations.
Step 10 – Marketing and Launch: Develop a marketing and promotional plan in coordination with Domino’s. Launch your Domino’s franchise outlet, following their marketing strategies and leveraging their brand reputation.
Step 11 – Ongoing Operations and Support: Operate your franchise according to Domino’s standards, maintaining quality, service, and consistency. Benefit from ongoing support and guidance provided by Domino’s in terms of marketing, operations, and product updates.
In India, Jubilant FoodWorks Limited operates Domino’s Pizza franchises. To get a Domino’s franchise, you will have to contact them. Then, they will handle the deal.
You must sign an agreement for five years to open a transitional outlet. If you want to open a non-traditional or traditional outlet, you must sign an agreement of ten years.
To own a Domino’s franchise, you will require well-trained staff. If you have any doubts and need help, you can get help from the Domino’s Pizza Partners Foundation.
Domino’s Franchise India sets up classroom training to ensure that franchise owners are physically and psychologically prepared to operate the restaurant effectively.
Due to its strong brand presence, opening a Domino’s franchise is difficult because it falls on you to retain existing consumers and attract new ones. Every last element, from strategy to execution, requires your undivided attention. To ensure it is well-maintained, you must keep an eye on business sectors, including staff management, customer service, accounting, finance, administration, delivery services, and others.
Domino’s has a strong presence in India and offers several benefits to franchisees. Here are some of the key advantages of owning a Domino’s franchise in India:
Benefits of Domino’s Franchise in India
Established Brand: The brand’s strong reputation and widespread customer recognition can give franchisees a head start in establishing their business and attracting customers.
Proven Business Model: Domino’s has a successful and proven business model that has been refined over several years. Franchisees benefit from the company’s expertise in operations, marketing, and supply chain management.
Extensive Training and Support: Domino’s offers comprehensive training programs for franchisees and their staff. This training covers various aspects of the business, including operations, customer service, marketing, and quality control. Franchisees receive ongoing support from the company, including regular visits from field consultants, marketing assistance, and access to the company’s resources and expertise.
Wide Menu Offering: Domino’s offers a diverse menu, including a variety of pizzas, sides, beverages, and desserts. This broad menu appeals to a wide range of customers, allowing franchisees to cater to different preferences and increase their revenue potential.
Strong Supply Chain: Domino’s has a robust and efficient supply chain system, ensuring the timely delivery of ingredients and supplies to franchise locations. Franchisees can benefit from the company’s established relationships with suppliers and economies of scale, leading to cost efficiencies and reliable inventory management.
Marketing and Advertising Support: Franchisees benefit from national and regional marketing campaigns, including digital and traditional advertising efforts. The company’s marketing expertise helps generate brand awareness and customer demand, ultimately benefiting the franchisee’s business.
Continuous Innovation: Domino’s is known for its focus on innovation, constantly introducing new menu items, technology enhancements, and delivery options. Franchisees can leverage these innovations to stay competitive and meet evolving customer preferences and trends.
Growth Opportunities: Franchisees can benefit from the brand’s growth strategy, with opportunities to open new locations in high-potential markets.
Strong Online Ordering and Delivery System: Domino’s has invested in advanced technology platforms and an efficient online ordering system. This enables customers to easily place orders through the website or mobile app, enhancing convenience and driving sales. Franchisees can leverage the company’s robust delivery network to provide timely and reliable service to their customers.
Track Record of Success: Domino’s has a long history of success in the Indian market, with a large customer base and a strong network of franchise partners. The company’s track record demonstrates the viability and profitability of the franchise model in the Indian context.
Challenges of Operating a Domino’s Franchise
Competition: There is tough competition from local pizza shops, big pizza chains, and food delivery apps like Zomato and Swiggy. These can reduce your profits and customers.
High Operating Costs: Running a store in a good area can be expensive because of high rent and utility costs. You also have to pay worker salaries, give them benefits, and invest in training.
Keeping Quality and Service Consistent: Maintaining the same taste of the pizza in all places is difficult with the utilization of different local ingredients. Quick delivery, correct orders, and polite delivery staff are a few among them that should be taken care of to deliver customer satisfaction.
Legal and Safety Rules: Franchisees are required to comply with food safety standards, which may be costly and time-consuming. They must also comply with labor laws such as minimum wages and working hours.
Royalties and Fees: You have to pay initial franchise fees, continuous royalty fees, and contribute to advertising costs. These may be high at the initial stage.
Conclusion
Domino’s is a well-known brand name, and just hearing the name inspires many to crave some delectable pizzas. Over the years, its food quality and flavour have remained constant, and its customers have continued to be happy with its services. We believe that we have cleared all your doubts about getting a Domino’s franchise in India. As a new franchisee, it is essential that one give proper attention to the location, outlet type, and other pertinent details before opening a Domino’s franchise in India.
FAQs
Does Dominos give franchises in India?
In India, Jubilant Foodworks Limited holds the master franchise of Domino’s Pizza. To get a Domino’s franchise in India, you will have to contact them, and they will handle the deal.
How much does Domino’s franchise cost in India?
Domino’s traditional outlet’s franchise price will start from 50 lakhs INR, and for a non-traditional outlet, it will be around 30 lakhs INR. Domino’s franchise price in India could increase by more than 50 lakhs if the rent for the restaurant is excessive. The amount can even go up to a crore.
Is Domino’s successful in India?
Domino’s is one of the most successful food enterprises in India. India makes for the second largest market of Domino’s in the world after the USA.
What are the other food items available at a Domino’s store?
In addition to pizzas, Domino’s offers a range of food items, including pasta, sandwiches, chicken wings, breadsticks, desserts, and beverages.
Is getting a Domino’s franchise profitable in India?
Yes, owning a Domino’s franchise in India can be profitable.
Do you need prior experience to have Domino’s Franchise?
Prior experience in the food service industry is typically preferred but not always required to have a Domino’s franchise.
Is it possible to apply for a Domino’s franchise in India through any other channel besides Jubilant Foodworks?
No, currently, the only way to apply for a Domino’s franchise in India is through Jubilant Foodworks, the master franchisee of Domino’s in the country. They hold exclusive rights to operate and expand the Domino’s brand in India.
How many Domino’s stores are there in India?
Domino’s Pizza operates 1,900+ stores as of September 2024.
What is the royalty fee for Dominos?
Domino’s royalty charge is just 5.5% of the sales amount.
How to get Domino’s franchise in India?
To get a Domino’s franchise in India, visit the official Domino’s Pizza franchise website and apply. Successful candidates will be selected based on various criteria, including financial stability and business experience.
How to open Domino’s franchise in India?
To open a Domino’s franchise in India, you need to contact Jubilant FoodWorks, the master franchise holder. You should have a good location, invest ₹50–70 lakhs, and meet space and infrastructure requirements. After approval, training and setup support will be provided. You’ll also need to pay a one-time franchise fee and ongoing royalties.
The franchise industry in India has been witnessing significant growth, with over 300 new franchise companies starting up every year. According to industry statistics, the Indian franchise business is expected to reach USD 140-150 billion in the next five years. Multi-unit franchisees account for 53% of all franchises in the country.
The franchise market in India is projected to surpass INR 15,000 crore by 2025.
The franchise business model has become a popular choice for brands looking to expand their operations in India, and there are numerous low-cost franchise opportunities available in the market. With its large consumer base, India offers immense potential for profitable franchise businesses, benefiting both franchisors and franchisees.
Currently, there are around 4,600 active franchisors operating across various sectors in India.
Many successful entrepreneurs have opted for the franchise model, which has enabled them to achieve their business goals and build thriving enterprises.
Starting a small business franchise is a great way for new entrepreneurs to enter the market with an established brand and proven business model. If you’re wondering which franchises offer the most profitable returns, you may find it helpful to explore the 28 most profitable franchise options available in India, as outlined in our post.
Ever wondered why there are so many foreign brands in the Indian market? The answer is a franchise business. It is one of the primary channels through which international businesses and brands have gained strength in the Indian market.
A franchise business is a type of business model in which an individual or company (known as the franchisor) grants the rights to use their business name, products, and services to another individual or company (known as the franchisee) in exchange for a fee and ongoing royalties.
The profits of owning and selling a franchise go both ways; the franchisor and franchisee reap benefits. Once the franchisee gets access to the brand’s loyal consumer base, creative support, legal counsel, and training support, the franchisor can further expand the business in untapped markets, increasing market share and revenues.
Before stepping into this model, it’s essential that investors and businesses thoroughly research their potential business partners before signing the dotted line. For investors, it is probably safer to stick to established names and brands.
There is a rumor that the franchise model requires a huge investment. Let’s clear this misconception. Franchising is the most profitable and feasible form of business opportunity; one needs to know how to obtain a franchise. You can easily start a franchise for INR 1 lakh.
How to Select the Best Franchise?
Before joining this franchise world, one must conduct a thorough study to determine which franchise is most suited to their needs.
Focus on your Aims: A person must have a crystal-clear idea of the kind of industry they want to join. These franchises operate in various industries, such as food, apparel, services, cosmetics, etc. So the person must select the franchise as per his/her interest.
Infrastructure Investment:This is also a key factor when selecting a franchise. These best franchises require standard infrastructure investment, which is non-negotiable. So, a person has to keep this in mind while selecting a particular franchise. It is suggested that beginners should opt for smaller franchises that require less investment and very minimal operational costs.
Backup for Operations:Like in many other businesses, franchise businesses take time before making a profit. No matter how big a franchise one opts for, one should keep a financial backing of at least 6 months if one wants to excel well in this domain.
Use of Technology: To optimize operations and engage customers, automate marketing, use inventory software, and employ CRM tools.
Consider Profitability: Choose a franchise with high profit margins plus repeat business potential. Another factor that one must consider is controlled operational costs. High sales numbers can be less valuable than sustainable growth.
Best Profitable Franchise Business Opportunities in India
It will be fascinating to see how the franchise industry does financially as we progress in this field. Some names have already become bigger brands in India’s franchise industry, and they control a major share of the market. Here are listed some of the most profitable Franchise Business Opportunities in India:
Gaurav Nigam and Navin Chawla started Tumbledry in 2019 with the goal of bringing order to India’s disorganized laundry industry. The market for laundry services in India has expanded considerably in recent years and is now expected to be worth more than INR 20,000 crores by the end of 2024.
Tumbledry has framed a franchise business that is ideal for metros and tier 1, 2, and 3 cities. Firstly, it requires a very basic structure and can be conducted in a limited amount of space. Tumbledry is all set to grow in multiple folds in the coming years because many graduates will migrate from tier 4 and 5 cities to metros and other urban cities for jobs and conducting business.
Subway is the largest sub-sandwich chain in the world. Subway was started by Fred DeLucea in 1965 in the USA to help pay his college tuition fees. Subway’s mission is to provide service of the highest quality to its customers at affordable prices, something that every brand abides by nowadays. It is the top franchise in India.
Today, Subway is one of the few mainstream fast-food joints that thrives on the promotion of a range of healthy food options. With salads and endless sandwich combinations on a variety of breads such as whole wheat, multigrain, and gluten-free variants, Subway has created a loyal customer base in the process. Today, it is recognized in the beverage and food segment as one of the best franchise businesses in India.
Giani’s is one of the oldest ice cream parlors in India. It was founded by Giani Gurcharan Singh in 1956. The ice cream and fast food industry in India was very disorganized back then, with local competitors controlling the bigger share of the market, therefore, the basic idea behind Giani’s brand was to break this trend by providing high-quality products to its customers.
Giani’s went on to launch several company-owned and franchise outlets in Northern India and experienced big returns on its investment. Today, it is among the low cost franchise in India that offers huge returns on a relatively small investment in the Beverages and Food segment.
‘Jawed Habib’ is a hair grooming and wellness brand founded by Jawed Habib in 2005. Jawed comes from a family of barbers; thus, haircutting was not new to him. His grandfather was the barber of famous dignitaries such as Lord Mountbatten and Pandit Jawaharlal Nehru. Following their legacy, Jawed’s father was appointed as the Rashtrapati Bhawan’s official hairstylist.
In addition to its around 900 franchised salons in India, Jawed Habib Hair & Beauty also has a strong international presence in countries like Bangladesh, Nepal, Dubai, Singapore, and Kenya.
InXpress has partnerships with world-class carriers that handle pick-ups and deliveries. InXpress founded in 1999, determines the right carrier and service option for customers’ requirements at economical prices. The brand gives entrepreneurs the setup to build a flexible business with the support of a global franchise system and is also among the low-cost franchise businesses.
Subhashish Chakraborty is the founder, chairman, and managing director of DTDC Courier and Cargo Ltd. The brand came into being in Bangalore in 1990 and has over 1000 franchise units in India today, bringing a wonderful franchise business opportunity for the enthusiasts out there. DTDC pioneered the franchise-based model in the express industry and is still deemed the company with the top franchise opportunities. It is considered to be an ideal small business franchise opportunity in India.
Lenskart is one of the fastest-growing eyewear brands in India. It operates both online and offline. Lenskart was founded by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi as an online portal for contact lenses in 2010. Currently, Lenskart operates under the umbrella of ‘VALYOO technologies’. People with any kind of vision issues make up the bulk of Lenskart’s clientele. In 2011, eyeglasses and sunglasses were also added to the range. The brand didn’t stop there; it ventured into launching offline stores to expand its retail footprint.
With the demand for vision correction that Lenskart brings to the scene, the company is thus aiming to be one of the highest-profit franchises.
Fabindia was founded by John Bissell in 1960 and has become a household name today. It is loved by all age groups alike. FabIndia has crossed the INR 1,000 crore sales mark to become the largest retail apparel brand in India; it is significantly ahead of competitors like Zara and Levi’s India. FabIndia has been adding new categories of products consistently.
Fabindia offers flexibility in its franchising cost, and that is the main USP of this brand. It can cost between INR 10 and INR 15 lakhs to open a small store, which includes a contract fee of about INR 5 lakhs with a royalty fee being waived off.
Established in 2011, Pepperfry is headquartered in Mumbai, Maharashtra, as an online furniture business that operates 60+ physical stores or Pepperfry studios spread across 28+ cities, along with operating as an online e-commerce store. The company launched its Franchisee Program in September 2017 and is currently operating 20+ FOFO Studios across many Indian cities, including Bengaluru, Mysore, Hubbali, Indore, Goa, Lucknow, and more.
Kake di Hatti is an inter-generational restaurant that has been running successfully for more than seven decades. It began as a small shop in Old Delhi’s Chandni Chowk in 1942 and soon turned into a household name. Kake di Hatti has garnered loyal customersdue to its high-quality eatables. Kake di Hatti gives out franchise licenses only after ensuring that the franchise owner will be able to maintain the high-quality standards for which the restaurant is known.
The franchise owner of Kake Di Hatti has the advantage of spending less on marketing and promotion since the brand itself has a strong customer base. Kake Di Hatti can be considered one of the most popular franchise brands in India.
EuroKids is one of India’s most prominent preschool chains and has grown to be among the best franchises with low investment. It was founded by Prajodh Rajan and Vikas Phadnis in 2001, and it was their ‘child first’ ideology that led to the success of EuroKids. EuroKids has come a long way from being a publishing company to a full-fledged playschool chain that parents nationwide have bestowed their trust in. With over 1000 preschool centers in more than 350 cities across India, Nepal, and Bangladesh, the brand has created a stellar reputation for itself as a perfect place for nurturing young minds.
Vishal Sharma founded the Affinity Salon group in 1992. Sophisticated and experienced staff coupled with luxurious, upmarket interiors and an international range of beauty products distinguish Affinity Salon from its competitors. The brand has also secured a place among the Top 100 Best Salons of the World in the Salon Red Book.
The unisex salon franchise has set a benchmark for delivering global standards of hair care and beauty services in the country. Affinity Salon has seen steady growth and maintains nearly one hundred outlets in India. It plans to expand its outreach to many other Indian cities due to the increasing demand for unisex salons.
Established by T.S. Kalyanaraman in 1993, Kalyan Jewellers stands as a shining testament to trust and craftsmanship in India. With over 230 showrooms across India and the Middle East, this jewelry giant offers a captivating array of gold, diamond, and precious stone ornaments for various occasions.
Applicants for a Kalyan franchise must submit proof of sufficient funds, relevant work experience (preferably in retail or jewellery), and the submission of necessary property paperwork in advance. With the help of these protocols, Kalyan Jewellers is able to keep its reputation and profits on the higher side.
Lakmé, an iconic Indian beauty brand, has a rich heritage linked to Hindustan Unilever, but it doesn’t have a single founder. In 1952, JRD Tata was established as a division of the Tata Group at the specific request of Prime Minister Jawaharlal Nehru. Since its launch, Lakmé has transformed into a multifaceted powerhouse, offering a wide range of cosmetics, skincare products, and salon services.
Lakme Salon franchise covers everything from operations and management to professional training and developing the soft skills of the staff. Lakme has created some tempting student and women’s packages because its target customers consist mainly of females. It can be termed as one of the top franchises in India.
KFC, the Colonel’s finger-lickin’ good empire, owes its beginnings to Colonel Sanders, a man who turned his love for fried chicken into a global phenomenon. KFC was founded in 1952 by Harland Sanders in Salt Lake City, Utah, USA, and it has since become a fast-food icon with over 800 outlets in India alone.
KFC’s franchise model, recognized as the most profitable franchise in India, is a major driver of its success. The company operates through a mix of company-owned and franchised outlets, with the majority being franchised. This allows KFC to expand rapidly and tap into local expertise while mitigating risks associated with running its own stores. The franchise model has also been instrumental in bringing KFC’s signature fried chicken to every corner of India, making it a beloved part of the country’s culinary landscape.
Jockey, a household name in comfortable undergarments, traces its roots back to 1876 in Kenosha, Wisconsin, USA. Founded by Samuel W. Cooper, initially as a hosiery manufacturer, Jockey revolutionized undergarments with the introduction of its groundbreaking Y-front fit for men’s briefs in 1938.
Today, Jockey boasts over 50,000 retail outlets globally, but interestingly, it doesn’t operate any of them itself! Jockey primarily operates through a robust franchisee model, partnering with experienced retailers to bring its renowned comfort to customers worldwide. Preferred as one of the favorite brands not only amongst youngsters but grown-ups as well, Jockey India can be considered the best franchise business in the country.
Hero MotoCorp, the king of Indian two-wheelers, traces its roots back to 1984 with the vision of Brijmohan Lall Munjal. Today, it reigns supreme with over 6,000 dealerships and service points across the country, a far cry from its humble beginnings. As one of the leading automotive companies in India, Hero MotoCorp has developed attractive franchise models to attract investors who are willing to put in extra effort to get associated with the brand. Hero MotoCorp is one of the best franchise businesses in India.
Dominos, the pizza empire synonymous with speedy delivery, owes its origin to Tom Monaghan and James Monaghan, brothers who bought a single store in 1960. Today, it boasts over 12,000 franchise units, a staggering legacy built on franchising. This model, where Domino’s partners with local entrepreneurs, has fueled its global expansion, allowing it to tap into diverse tastes and preferences while maintaining its core promise of hot, delicious pizzas in minutes.
Most franchise brand owners are drawn to Domino’s Pizza since they don’t have to wait long for their franchise unit to start making money. Since Domino’s is very popular among students and youngsters, it is considered one of the most profitable franchises in India.
While most associate McDonald’s with the iconic Ray Kroc, who transformed it into a global behemoth, the foundation was laid by the McDonald brothers, Richard and Maurice. In 1940, they revolutionized fast food with their streamlined operation in San Bernardino, California. Today, McDonald’s boasts a staggering 40,275 restaurants in over 119 countries, with a fascinating franchise model.
The success of McDonald’s franchises in India is evidence of the widespread popularity of the fast food chain among Indian consumers. It is one of the most profitable franchises in India.
FirstCry, the leading kid and baby care retail giant in India, is the brainchild of Supam Maheshwari and Amitava Saha, who launched it in 2010. Their franchise business offers entrepreneurs a chance to tap into this booming market, with over 350 FirstCry franchise stores dotting over 125 Indian cities. This hybrid model, combining online and offline presence, coupled with their unique “FirstCry Box” program reaching new parents in hospitals, has solidified FirstCry’s position as the go-to destination for all things baby and kid in India.
FirstCry franchise owners maintain a hefty profit margin on their products. FirstCry dispatches business officials to help franchise owners with marketing, brand promotion, and designing the overall store. The current trends show that FirstCry is one of the best and most profitable franchise businesses in India.
Founded by Vandana Luthra in 1989, VLCC has transformed from a single beauty center into the best franchise business in India and a wellness empire with over 330 outlets across 150 cities in 14 countries. This sprawling network, supported by over 3,000 skilled professionals, thrives on a franchisee model, empowering individuals to bring VLCC’s signature blend of skincare, beauty, and fitness services to their communities. With its dedication to scientific innovations and affordable solutions, VLCC continues to empower its franchisees and customers to embrace a more fulfilling, beautiful life.
Founded in 2009 by a passionate foodie, Kathi Junction has sizzled into becoming India’s largest Kathi roll and shawarma chain, with over 160 outlets across 22 states. This quick-service giant, also recognized as a small franchise business in India, built its empire on delectable “Kathi Rolls” – a delicious fusion of traditional recipes and modern twists.
As a low-investment franchise model, Kathi Junction’s menu is packed with quick-to-serve products, which attracts most people to invest in this brand.
Now, as there is a lot of industrialization happening in tier 2&3 cities, Kathi Junction types of quick service restaurants are in great demand, and hence they provide an ideal plot for investors to invest in their franchise business.
Founded by a visionary educator in 2003, the Kidzee franchise in India has blossomed into the largest preschool chain in Asia, boasting over 1,900 vibrant centers in 750+ Indian and Nepalese cities. Its “Interactive ILLUME” pedagogy nurtures young minds, while its franchisee model empowering entrepreneurs nationwide has made quality early childhood education accessible to over 1.4 million children. Kidzee shines as a testament to both educational excellence and inclusive franchise success. It is one of the top franchise in India.
Lal PathLabs, a pioneer in India’s diagnostic scene, was founded in 1949 by Dr. S.K. Lal with a mission to provide accurate and timely test results. Today, it’s a sprawling network of 4500+ patient service centers and 10,000+ hospital and clinical partners, offering a comprehensive range of tests from blood and urine analysis to pathology and imaging. While Dr. Lal PathLabs primarily operates through its own centers, it also has a franchisee model, allowing entrepreneurs to leverage their brand and expertise. This hybrid approach has fueled their impressive growth and reach, making them a trusted healthcare partner for millions across India.
Amul, a household name synonymous with dairy goodness, owes its origins to the cooperative spirit of Tribhuvandas Patel in 1946. While its iconic “Amul the Butter Girl” graces over 6,000 retail outlets and franchise businesses in India, its true reach extends far beyond. Through a vast network of 10,000+ village milk cooperatives, it empowers millions of farmers, and its franchisee model offers opportunities for budding entrepreneurs to run over 12,000 Amul Parlours, bringing its delectable dairy delights to every corner of the country. Having an Amul franchise is one of the best franchise opportunities in India.
The primary selling point of an Amul franchise is that with an initial investment of INR 2–6 lakh, a person can buy the franchise, and on top of that, he doesn’t even need to pay royalties or a profit margin. This makes the Amul franchise one of the low-cost franchises of India.
Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati, Delhivery has grown into India’s largest eCommerce logistics player, boasting over 1800 retail partner outlets and handling 3 lakh+ shipments daily.
Delhivery has two franchise models- the first is a delivery center and the other is a courier booking center. For a delivery center, one needs to invest 10-15 lakh rupees, and it also requires 300-400 sq/ft of land to carry out its business operation. Whereas, a courier booking center can be obtained by a marginal investment of INR 2-3 lakh, and its business operations can be conducted from a small working place of 70-80 sq/ft.
La Pino’z Pizza – Best Franchise Business Ideas in India
La Pino’z Pizza is a fast-growing pizza chain in India, founded by Sanam Kapoor in 2011 in Chandigarh. Known for its jumbo pizzas and wide variety, it now has over 600 outlets across India and is expanding internationally. The franchise model requires an investment of INR 30–INR 50 lakhs, including a franchise fee of INR 5–INR 7 lakhs. Store space of around 300–1000 sq. ft. is needed, and franchisees pay a royalty of about 6–8% on sales. ROI is expected in 18–24 months. It is also considered a small franchise business in India.
Baskin-Robbins is a well-known global ice cream brand with a strong presence in India, especially in cities. Famous for offering 31 different flavors, it attracts customers with its variety and regularly changing menu. This keeps the brand fresh in people’s minds and popular with all age groups. Being a trusted international name gives franchise owners an edge with built-in brand value and customer trust. While ice cream sells more in warm months, Baskin-Robbins also offers other desserts and drinks, helping franchisees earn steady income throughout the year. It’s a smart and profitable business choice.
Conclusion
In conclusion, the franchise industry in India is booming, and there are numerous profitable franchise opportunities available for aspiring entrepreneurs. Franchise India offers a wide range of business opportunities for aspiring entrepreneurs looking to invest in a reliable and scalable model through franchise India platforms. However, before investing in any franchise, it is essential to conduct thorough research and due diligence to ensure that you make an informed decision. By selecting the right franchise and following a proven business model, you can enjoy financial stability and success in your entrepreneurial journey. So, if you have the passion and drive to succeed, start exploring the exciting world of franchising today!
A franchise is one such business which is authorized to allow others, known as “franchisors,” to distribute their products and services. Franchise businesses are generally larger businesses/companies empowering their franchisors with numerous business opportunities. In technical terms, the term ‘franchise’ means the contract that binds the franchisor and the franchisee.
How much does a franchise cost in India?
When it comes to setting up a franchise in India, one can look for a range between Rs. 1 lakh and 10 lakh, which he/she would need in order to set up a franchise. If you are wondering about low-cost franchises, then you can easily set them up by investing under Rs 2 lakhs. However, a majority of these franchises would be typically home-based. Some of them can be mobile but would be limited to small-scale operations.
What is franchising?
Franchising is the process of marketing and distribution of products and services for a brand/franchise. Franchising includes two levels of people:
A franchisor
A franchisee
Which franchise is most profitable in India?
There are numerous franchises in India and around the world that are quite profitable. However, profitability varies from time to time. In the current market scenario, the most profitable ones are:
Tumbledry
Subway
Giani’s
Jawed Habib Hair and Beauty Ltd.
InXpress
DTDC Courier And Cargo Ltd.
Lenskart
FabIndia
Pepperfry
Kake di Hatti
EuroKids
Affinity Salon
Dr. Lal Pathlabs
Amul
Which franchise business can I start with INR 20 lakhs in India?
Rs 20 lakhs can be a good amount of money to start a franchise business in India. There is a wide range of sectors that you can check for the same, including the trading sector, service sector, and more.
Which are the profitable sectors for franchise business in India?
Profitable sectors for franchise business in India are:
Retail
Food Service
Beauty & Wellness
Healthcare
How is the growth of the franchise industry in India?
The Franchise industry in India is valued at $47 billion. It is expected to reach 140 billion in 2027.
Even though a monarch no longer rules India there are no kingdoms as there used to be once. We can still find many royal families in India living life with grandeur and richness. Some still live in palaces, while some own considerable stakes in other real estate.
In 1971, when the Indian Constitution had its 26th amendment, many privileges were lost by the royal families in India. However, even though they lost their royal titles and status, some continue to live a life of luxury to date. All thanks to the fame and fortune left behind by their ancestors. It helped them persist in their royal identity and still have a good amount of influence and power with them.
But the things left by their ancestors won’t last forever, at least not the money, and they know this. So, while still maintaining their royalty, many royal families have tried various ways to earn a livelihood. So, though they won’t get their royal treasure and power back, they still have their luxury and stature to preserve.
Here, we have brought you a list of 10 rich royal families in India and how they live and earn a livelihood.
List of 10 Richest Royal Families in India With Their Net Worth
Richest Royal Family in India – Royal Family of Jodhpur
The Royal Family of Jodhpur, led by Maharaj Gaj Singh II, represents a fascinating blend of regal heritage and modern entrepreneurship. This family, ruling from the iconic Umaid Bhawan Palace, one of the world’s largest private residences, showcases a successful transition from traditional royalty to contemporary business magnates.
Currently, Maharaj Gaj Singh II lives with his family in the Umaid Bhawan Palace. It is speculated that the Royal Family of Jodhpur has a net worth of INR 224 billion.
How Does the Royal Family of Jodhpur Make Money?
Spread across an area of 11 hectares, the Umaid Bhawan Palace has 347 rooms and four tennis courts, swimming pools, etc. This is the palace where famous Bollywood Actress Priyanka Chopra married the American singer & actor Nick Jonas. This palace serves as a significant source of income for the royal family.
Maharaja Gaj Singh II has once served as a member of the Rajya Sabha. A few years ago, he was the Indian High Commissioner to Trinidad and Tobago.
Historical and Economic Significance
The Rathore family, with Maharaj Gaj Singh II at the helm, has a storied past that dates back centuries. The family’s wealth stems from owning significant historical properties like the Mehrangarh Fort and the Umaid Bhawan Palace. These landmarks are not only cultural treasures but also substantial income sources due to their transformation into tourist destinations and luxury accommodations.
Umaid Bhawan Palace: An Absolute Marvel
Umaid Bhawan Palace – Richest Royal Family in India
The Umaid Bhawan Palace, a majestic structure sprawling over 11 hectares, is ingeniously divided into three parts. The royal family resides in one segment, while another is operated as a luxury hotel by the Taj Hotels, reflecting a strategic partnership that enhances their financial stability. The third part serves as a museum, attracting tourists worldwide and adding to the family’s revenue streams. This palace gained additional fame as the venue for high-profile events, including the wedding of Priyanka Chopra and Nick Jonas.
Banking Upon Heritage for Modern Business
In the 1970s, facing financial difficulties, Gaj Singh II, affectionately known as Bapji, returned from England determined to revitalize his family’s fortunes. He transformed ancestral palaces into museums and luxury hotels, a move that not only preserved the family’s heritage but also established a sustainable income source. This strategic shift mirrored successful models adopted by other royal families in Rajasthan, ensuring both the preservation of cultural heritage and financial viability.
Chanwa Fort: A Transformation Story
Chanwa Fort
The narrative of Chanwa Fort, under Maharaja Dalip Singhji, exemplifies the adaptive reuse of royal properties. Initially a financial drain, the fort’s conversion into a heritage hotel in 1992 turned it into a profitable venture. This transformation was timely, coinciding with a boom in tourism in Rajasthan, which helped secure the fort’s status as a desirable destination for international and domestic visitors.
Collaboration and Restoration
The royal family’s active involvement in the restoration and management of their estates is crucial. Working closely with restoration artists, they ensure that renovations respect the historical integrity of the properties while providing modern luxuries to guests. This collaborative approach helps maintain the authenticity of the royal residences, upscaling guest experiences and ensuring the family’s continued relevance in the heritage tourism sector.
The Royal Family of Jodhpur exemplifies how traditional dynasties can hover through the challenges of modernity by making the most out of their historical assets, entrepreneurial spirit, and innovative business strategies. Their journey from rulers of a princely state to influential players in the global hospitality industry highlights their adaptability and emphasis on prosperity as a whole.
Royal Family of Jaipur
Primary Source of Income: Hospitality Industry
Richest Royal Family in India – The Royal Family of Jaipur
Nestled in the heart of Rajasthan, the Royal Family of Jaipur, also known as the Kachwaha dynasty, continues to embody the regal heritage and cultural splendor of the region. Bhawani Singh, the last titular head of Jaipur, died at 79 in April 2011.
Bhawani Singh also served as lieutenant Colonel and Brigadier in the Indian army from 1951 to 1975. With no son to appoint as his heir, Bhawani Singh decided to adopt his only daughter, Diya Kumari’s son, Padmanabh Singh, as his successor. Padmanabh was crowned as the Maharaja of Jaipur in 2011. One of the richest Indian royal family, Bhawani Singh’s lineage continues through Padmanabh Singh, who now holds the title of Maharaja of Jaipur. Maharaja Padmanabh has played a pivotal role in both preserving and modernizing the family’s legacy. With an estimated net worth between $697 million and $855 million, the Royal family of Jaipur’s wealth is not only steeped in history but also a variety of modern entrepreneurial ventures.
How Does the Royal Family of Jaipur Make Money?
Padmanabh Singh is a national-level polo player. The young man is also an enthusiastic traveler who has grabbed the attention of various magazines.
The royal family contributed the Rambagh palace to the Taj Hotel to manage and run the place like a hotel.
Padmanabh has recently partnered with Airbnb and has put up a suite in Jaipur. It also aids in the financial income of the family.
Historical Significance and Wealth Sources
The Jaipur royal family’s wealth historically stems from vast land holdings, palaces, and valuable possessions passed down through generations. Additionally, their financial portfolio is diversified with investments in businesses and real estate. Despite the formal abolition of princely titles in 1971, the family’s influence and wealth continue to make them a significant entity in India.
Modern Ventures and Cultural Contributions
Taj Hotel’s Rambagh Palace – Richest Royal Family in India
In the 1990s, the Jaipur royal family, along with other Rajasthani royals, began transforming their palaces into heritage hotels. This initiative not only preserved the architectural legacy but also revitalized the local economy by boosting tourism and creating jobs. The family’s Rambagh Palace, managed by the Taj Hotel, exemplifies this successful blend of heritage preservation and luxury hospitality.
Culinary Heritage and Innovations
The royal family has also ventured into the culinary world, using ancestral recipes to attract tourists. These traditional dishes, served in their heritage hotels, offer guests a taste of royal life. The initiative to serve heritage food has not only preserved traditional cuisine but has also become a unique selling point for their hospitality business.
Philanthropy and Social Contributions
Proceeds from various ventures, especially those from partnerships like the one with Airbnb, support charitable causes. Princess Diya Kumari’s foundation benefits from these revenues, focusing on social and educational projects that aid the local community.
Primary Source of Income: Tourism & Hospitality Industry
Richest Royal Family in India – Royals of Mewar
The Mewar dynasty, one of India’s most storied royal lineages, traces its origins back to the 7th century with notable figures like Maharana Pratap, symbolizing strength and resistance. In March 2025, Shriji Arvind Singh Mewar, the 76th Custodian of the Mewar dynasty, passed away at the age of 81. Under his leadership, the family had successfully transitioned from traditional royalty to modern-day entrepreneurship. The family legacy is now continued by his son, Shriji Lakshyaraj Singh Mewar, who becomes the 77th Custodian of the Mewar dynasty. He is expected to carry forward his father’s work and vision, managing the operations of the HRH Group of Hotels.
The family also owns various heritage hotels, resorts, and charitable institutions across Rajasthan.
Some of the royal properties, such as the Lake Palace and the Fateh Prakash Palace, are given to the Taj Group of Hotels for lease management.
They have opened a part of the Udaipur City Palace for tourism.
Historical and Economic Significance
The Mewar dynasty has historically been a powerhouse of wealth and influence, with its roots deeply embedded in the golden soil of India’s history. The family’s wealth is largely derived from extensive land holdings, which historically included vast tracts of agricultural land that provided a steady income through produce, rents, and other related activities. Over the centuries, the dynasty has accumulated significant assets through trade, taxation, and tributes from vassal states.
Heritage and Tourism
Richest Royal Family in India – City Palace Udaipur
Shriji Arvind Singh Mewar was the head of the HRH Group of Hotels until March 2025, which has over ten hotels under it. The royal family of Mewar owns several heritage properties, including iconic palaces and forts, which have been transformed into major tourist attractions. These include the famed City Palace in Udaipur, which now houses museums and luxury hotels, contributing substantially to the family’s income. The strategic leasing of properties like the Lake Palace and the Fateh Prakash Palace to the Taj Group of Hotels has also bolstered their financial portfolio, blending historical preservation with modern hospitality.
Under the leadership of Shriji Lakshyaraj Singh Mewar, the family is expected to continue these initiatives, while potentially expanding their ventures into new opportunities.
Diversified Investments and Ventures
Beyond real estate and hospitality, the Mewar family has diversified its investments across various sectors. This includes involvement in educational and charitable institutions, which not only enhance their societal contributions but also solidify their financial base. The family’s engagement in cultural patronage and support of the arts further enriches their role in India’s cultural significance, maintaining their status as influential figures in both economic and social spheres.
Richest Royal Family in India – The Nawabs of Pataudi
How could our list be complete without mentioning Bollywood’s Pataudi Clan, one of the richest royal families in India? The Nawabs of Pataudi, with their illustrious lineage rooted in the princely state established in 1804, represent a fascinating blend of historical depth and modern allure. It’s almost unlikely that anyone from India hasn’t heard the name of the Bollywood Actor Saif Ali Khan. But some might not be aware that he is a descendant of the Nawabs of Pataudi.
The last titular head of the Pataudi Clan was Mansoor Ali Khan Pataudi – a Nawab. He was a former captain of the Indian Cricket Team. Mansoor Ali married the Bollywood actress Sharmila Tagore, and they had three children, Saif Ali Khan being one of them.
This royal family, currently led by Saif Ali Khan, has adeptly hovered through the circles of both heritage and contemporary enterprise. Saif, an acclaimed actor in the Indian film industry, has been able to successfully leverage his royal background and personal achievements to sustain and grow the family’s influence and wealth.
How do the Nawabs of Pataudi Make Money?
Presently, Saif Ali Khan holds the title of Nawab of Pataudi and is an actor, and he has outstanding earnings from Bollywood.
Apart from being a Bollywood actor, he also owns the Pataudi Palace, worth around ₹800 crores.
He is also married to Bollywood Actress Kareena Kapoor, which also adds income to the Pataudi Family.
Historical and Cultural Legacy
The Pataudi family’s origins trace back to the 16th century, with their ancestry linked to the Afghan Muslim Pashtuns of the Barech tribe. The family’s prominence rose with Faiz Talab Khan, who was made the first Nawab by the British East India Company for his assistance during the Second Anglo-Maratha War. Over the generations, members such as Iftikhar Ali Khan Pataudi and Mansoor Ali Khan Pataudi added to their legacy, the latter being a celebrated captain of the Indian cricket team.
Pataudi Palace: A Symbol of Royal Grandeur
Richest Royal Family in India – Pataudi Palace
The Pataudi Palace, conceptualized in 1939 and inherited by Saif Ali Khan in 2014, stands as an ode to the family’s regal past and their ongoing influence. This grand estate, also known as Ibrahim Kothi, sprawls over 10 acres and features 150 rooms, each adorned with unique memorabilia. Beyond serving as a private residence, the palace boosts the family’s income through film shoots and events, hosting movies like Rang De Basanti and Animal, which showcase its architectural beauty.
Diversification of Income Sources
Saif Ali Khan in the Pataudi Palace
The family’s financial portfolio is robust, encompassing real estate, tourism, and Saif Ali Khan’s career in Bollywood. Saif’s roles in films such as Dil Chahta Hai and Sacred Games have not only cemented his status as a leading actor but also contributed significantly to his wealth. Additionally, the Pataudi Palace operates as a luxury hotel, adding a substantial revenue stream. This blend of historical assets and modern entrepreneurial ventures illustrates the family’s dynamic approach to wealth management.
Modern Adaptations and Challenges
The Nawabs of Pataudi have faced their share of challenges, particularly with the legal complexities surrounding properties classified as ‘enemy properties.’ Despite these hurdles, they have maintained their estate’s legacy while adapting to contemporary economic changes and evolutions. Saif Ali Khan’s strategic decisions, such as repurchasing the ancestral palace and investing in diverse sectors, reflect a modern interpretation of his royal heritage, ensuring the family’s relevance and prosperity in today’s world.
Alsisar Royal Family
Primary Source of Income: Hospitality Industry & Events
Richest Royal Family in India -Alsisar Royal Family
In the beautiful state of Rajasthan, the Royal Family of Alsisar stands as a prominent example of how traditional royalty has adapted to the modern world. The family, which originates from the historic kingdom of Khetri, is currently led by HH Abhimanyu Singh, the sixteenth scion. This lineage not only boasts a rich history but also a powerful presence in today’s cultural and economic spheres.
How Does the Alsisar Royal Family Make Money?
The Alsisar family owns grand palaces across Jaipur and Ranthambore.
The royal family also runs several hotels on their properties.
Apart from running all these palaces and hotels, Abhimanyu Singh is also a co-sponsor of India’s hippest annual EDM festival, Magnetic Fields. Singh is called the party prince of India.
Historical and Economic Significance
The Alsisar family’s roots trace back to the 18th century with Maharaja Shekhawat Pratap Singh, known for his might and contributions to Rajasthan’s cultural heritage. Over the centuries, the family has played a significant role in defending their legacy and preserving the rich Rajput traditions. Today, their wealth is largely derived from ancestral properties and investments in various sectors, including heritage tourism and hospitality.
The Alsisar family owns several grand palaces in Jaipur and Ranthambore, which have been transformed into major tourist attractions. Iconic landmarks like the Alsisar Mahal highlight their architectural grandeur and cultural significance. These properties, converted into heritage hotels, draw visitors from around the globe, providing a substantial income stream while allowing the family to maintain their historical estates.
Diversification of Income Sources
Under the leadership of Abhimanyu Singh, the family has diversified their income sources beyond traditional property management. They are actively involved in the hospitality industry, running several successful hotels on their properties. Moreover, Abhimanyu Singh is known as the party prince of India due to his role as a co-sponsor of the popular annual EDM festival, Magnetic Fields, which blends modern entertainment with royal hospitality.
Cultural and Social Contributions
The Royal Family of Alsisar is deeply engaged in promoting the cultural heritage of Rajasthan. They manage heritage properties and museums that attract tourists and scholars, enhancing the cultural understanding of the region. Additionally, the family participates in philanthropic activities, supporting education, healthcare, and community development, which showcases their relentless focus on social responsibility.
Gaekwads of Baroda
Primary Source of Income: Politics & Real Estate Business
Royal Gaekwads of Baroda – Richest Royal Family in India
The Gaekwad Dynasty, a prominent Maratha clan, has been a significant part of India’s royal history, with its roots stretching back to the early 18th century when Pilaji Rao Gaekwad established their rule by conquering the city of Baroda from the Mughal Empire. The dynasty was officially granted the city as a jagir by Chhatrapati Shahu I, marking the beginning of their long-standing influence in the region. Samarjitsinh Gaekwad is the head of the royal family of Vadodara. When he succeeded to the throne, he owned approximately ₹20,000 crores.
How do the Gaekwads of Baroda Earn Money?
It includes primarily real estate, land, and Laxmi Vilas Palace.
He also inherited paintings by Raja Ravi Verma and gold, silver, and royal jewelry.
One of the primary sources of his income is managing temple trusts that add up to 17 temples across Gujarat and Banaras.
Samarjitsinh has also represented himself in the Ranji trophy of his state as a cricketer.
He was also engaged in politics for some time but has been inactive since 2017.
Historical and Economic Significance
The Gaekwads initially served under the Dabhade family, the Maratha chiefs of Gujarat. However, after a series of power shifts and allegiance changes, notably during and after the Third Battle of Panipat in 1761, they emerged as significant rulers within the Maratha Confederacy. Their autonomy was later recognized by the British through the Treaty of Cambey in 1802, which acknowledged their rule in exchange for a strategic alliance.
Modernisation and Philanthropy
Maharaja Sayajirao Gaekwad III, who reigned from 1875 to 1939, was particularly noted for his progressive reforms and efforts to modernize Baroda. He introduced compulsory primary education, a library system, and the Maharaja Sayajirao University of Baroda, significantly contributing to the region’s development. His initiatives also extended to the economic realm, where he promoted the establishment of textile mills, laying the foundation for Baroda’s textile industry.
Cultural and Architectural Contributions
Laxmi Vilas Palace
The Gaekwads were also patrons of the arts and culture, which is evident from their extensive support of music, literature, and fine arts. The Laxmi Vilas Palace, an architectural marvel and one of their most significant legacies, stands as a fitting tribute to their refined aesthetic sensibilities and royal grandeur. This palace not only serves as a residence but has also been a venue for various cultural and social events, further highlighting the dynasty’s role in promoting cultural heritage.
Current Status and Legacy
Today, the head of the family, Samarjitsinh Gaekwad, continues to manage the vast estate which includes the iconic Laxmi Vilas Palace and numerous other properties. His inheritance includes an impressive collection of artifacts and paintings by Raja Ravi Varma, alongside managing temple trusts across Gujarat and Banaras. Despite the formal abolition of the monarchy, the Gaekwads of Baroda are still held in high regard and play an active role in regional and cultural affairs, embodying a blend of royal tradition and modern entrepreneurship. The Gaekwad Dynasty’s journey from feudal lords to modern-day cultural custodians and entrepreneurs illustrates a unique adaptation to changing times while maintaining their regal stature and commitment to public welfare.
Wadiyar Dynasty
Primary Source of Income: Hospitality Industry & Silk Business
Wadiyar Dynasty – Richest Royal Family in India
The Kingdom of Mysore was ruled by the Wadiyar Dynasty back in the day. They trace their history to the Yaduvanshi clan of Lord Krishna.
In 1612, a curse on the Wadiyar dynasty by Queen Alamelamma of Vijaynagar for capturing the throne that Mysore kings would never bear children. This curse seems to be proving true for the last 400 years for the royal family of India.
Even now, the head of the dynasty is 27-year-old Yaduveer Krishnadutta. Chamaraj Wadiyar is not the direct heir whose net worth is approximately INR 10,000 crores.
His uncle, Srikantadatta Wadiyar, died in 2013, and couldn’t name a successor as he had no children. And hence, his wife, the Rajmata, adopted Yaduveer as their son and turned him into the king.
The Wadiyar Dynasty, historically known as the royal family of Mysore, has played a significant role in shaping the economic and cultural scenario of Southern Karnataka. Their lineage has been pivotal in the region’s history, especially noted for their rule over the Kingdom of Mysore until Indian independence in 1947.
How Does the Wadiyar Dynasty of Mysore Make Money?
Royal Silk of Mysore was started by Srikantadatta. Mysore as the top silk producer, the family’s brand remained a significant income source.
The present king, Yaduveer, holds a degree in English Literature and economics and works on tourism and heritage infrastructure development and promoter in Mysore.
They also earn an income by renting their palace grounds in Bangalore for marriages and functions.
It is speculated that the family has assets worth Rs 10,000 crore.
Historical Wealth and Sources of Income
The Wadiyar family’s wealth historically stemmed from extensive land holdings, royal privileges, and astute investments. They owned vast tracts of land around the Kingdom of Mysore, which were a major source of income through agricultural produce, rents, and other related activities. Additionally, as rulers, they had the right to collect taxes from the residents of their kingdom, further bolstering their economic strength.
Investments and Economic Challenges
Over the years, the Wadiyar family expanded their economic base through investments in real estate, stocks, and various business ventures. Despite these efforts, the abolition of the privy purse in 1971 posed significant financial challenges, leading to a period of economic instability. The family faced numerous legal battles and bureaucratic hurdles, particularly with the Income Tax authorities and the Government of Karnataka, which strained their financial resources.
Tourism and Cultural Contributions
The Mysore Palace
The Mysore Palace, a stunning symbol of their architectural patronage, serves as a major tourist attraction, drawing revenue from ticket sales, guided tours, and souvenir shops. The palace’s maintenance and operations became a joint effort with the government, ensuring its preservation and accessibility to the public. This partnership, although fraught with challenges, has helped maintain the palace as a key cultural and historical site.
Modern Ventures and Legacy
In more recent times, the Wadiyars have ventured into modern business with initiatives like The Royal Silk of Mysore, a silk brand that has gained renown both nationally and internationally. Following the passing of Srikantadatta Wadiyar in 2013, the dynasty saw a significant transition when Yaduveer Krishnadutta Chamaraj Wadiyar was adopted and bestowed with the royal title, marking a new era for the family.
The Wadiyar Dynasty’s journey through India’s history speaks volumes about their resilience and adaptability. From ruling monarchs to modern entrepreneurs, they have managed to sustain their legacy while contributing significantly to the region’s economy and culture. Their story is not just one of wealth and royalty but also of overcoming adversities and evolving with the times.
Uday Singh of Bhonsle Dynasty – Richest Royal Family in India
Living in India, you must have heard about Chhatrapati Shivaji Maharaj and the Maratha Empire. Shivaji Maharaj was a member of the Bhonsle Maratha Dynasty. However, you might not be aware that their descendants are still scattered around various places in Maharashtra, continuing the legacy of one of the prominent royal families of India.
One of the descendants, Udayanraje Bhosale of Satara, is said to be the 13th Chhatrapati titleholder. Apart from that, he is also an Indian Politician.
The House of Bhonsales, a prominent Marathi royal house, is renowned for its significant historical and cultural influence in India. Originating from the Kunbi Marathas and claiming descent from the Rajput Sisodia dynasty, the Bhonsales have been key figures in the Maratha region since the late 16th century.
How Does the Bhonsale Dynasty Make Money?
Udayanraje Bhosale has been serving as a member of the Rajya Sabha from Maharashtra since 2020 and is a member of the Bharatiya Janata Party (BJP).
He was also an MP of Lok Sabha from the Satara Constituency from 2009 to 2019.
Bhosale was earlier a member of the Bharatiya Janata Party and a member of the Maharashtra Legislative Assembly from 1998 to 1999.
Politics has been a significant source of income for this family, and it has been declared to have a net worth of around INR 500 crores as of 2020.
Founding and Expansion
The dynasty was established by Maloji Bhosale in 1577, a prominent general under Malik Ambar of the Ahmadnagar Sultanate. Maloji was honored with the title of Raja by Bahadur Nizam Shah in 1595 or 1599, marking the beginning of the Bhonsale’s rise to power. Alongside his wife Uma Bai, Maloji had two sons, Shahaji and Sharifji, who were integral to the dynasty’s expansion.
Establishment of the Maratha Empire
The Maratha Empire, founded by Shivaji I, grandson of Maloji, in 1674, was a stronghold against invasions from the Mughal Empire and the Bijapur Sultanate. Shivaji’s vision of Hindavi Swarajya emphasized a government for and by the people, reducing the power of elites and increasing the representation of the common populace.
Prominent States and Modern Descendants
The Bhonsale dynasty ruled over several significant states including Satara, Kolhapur, Thanjavur, Nagpur, Akkalkot, Sawantwadi, and Barshi. These regions flourished under their governance, contributing to the dynasty’s wealth and legacy. In the present day, descendants such as Chatrapati Udayan Raje Bhosale and Yuvraj Pratapsinh Raje Bhosale continue to uphold the family’s esteemed heritage.
Cultural and Social Contributions
The Bhonsales have been staunch patrons of the arts and culture, significantly influencing Marathi culture and politics. Their support extended to various social reforms and the promotion of education, which have left a lasting impact on the regions they governed.
Royal House of Bourbon
Primary Source of Income: Hospitality Industry
Royal House of Bourbon – Richest Royal Family in India
Did you know about the existence of an Indian royal family claiming lineage to the extinct throne of the Kingdom of France? Meet the Bourbons of India, now based in Bhopal. At the helm is Balthazar Napoleon IV de Bourbon, a legal professional and a parent of three children. Their ancestry asserts a legitimate descent from the House of Bourbon, tracing back to Jean Philippe de Bourbon, a French noble who sought refuge in Mughal Emperor Akbar’s court. Notably, Prince Michael of Greece and Denmark suggests in his book that Jean de Bourbon might have been a nephew of Henry IV, the first Bourbon king of France, although this remains unverified.
If authenticated, Balthazar Bourbon would be the primary heir to the French throne. Furthermore, the Bourbons of India have endeavored to preserve their heritage and promote cultural exchange, engaging in philanthropic activities and fostering ties with both Indian and European communities. Their story presents a fascinating intersection of history and modern identity, bridging continents and centuries through their unique lineage.
The Bourbons of India, also known as the House of Bourbon-Bhopal, present a unique narrative in the annals of Indian royalty. Their story is a fascinating blend of European lineage intertwined with Indian royal dynamics, centered in the historically rich city of Bhopal.
How Does the Royal House of Bourbon Make Money?
The family earns income through renting out properties they own, including residential and commercial spaces.
They generate revenue by hosting cultural events, guided tours of their residence, and exhibitions showcasing their heritage.
They sell artifacts, memorabilia, and souvenirs related to their royal lineage, either through on-site shops or online platforms.
Members of the family provide consultancy services in areas such as history, culture, or heritage management, leveraging their expertise and lineage.
Historical Roots and Royal Connections
The Bourbon Palace – Richest Royal Family in India
Jean Philippe de Bourbon, compelled to leave France after a duel, arrived in India around 1560. His journey led him to the court of Emperor Akbar, who, impressed by Jean’s lineage and demeanor, offered him a high position and arranged his marriage to Lady Juliana, a relative of the Emperor’s Christian wife. This union not only integrated Jean into the Mughal elite but also began the Bourbon lineage in India, with Jean being appointed as the Raja of Shergar.
Cultural Integration and Influence
Over the centuries, the Bourbons of India became deeply embedded in the fabric of Bhopal’s royal court. They adopted local customs and Muslim names, yet they retained their distinct European heritage, as evidenced by their continued practice of Christianity. The family’s prominence peaked with members like Balthazar of Bourbon, who served as the Prime Minister of Bhopal in the early 19th century. His contributions to the city included the construction of the Shaukat Mahal and the Catholic Church of Bhopal, architectural gems that blend European and Indian styles.
Decline and Modern Identity
The abolition of royal entitlements and titles by the Indian government in the mid-20th century stripped the Bourbons of their privileges, transforming them from rulers to citizens. Today, they are remembered for their unique historical role and contributions to the cultural and architectural heritage of Bhopal. Despite their reduced status, the Bourbons of India remain an example of the rich, intertwined histories of Europe and India, and their legacy continues to be a point of interest for historians and tourists alike.
Through their journey from French nobility to Indian royalty, the Bourbons of India exemplify the complex interplay of culture, power, and identity. Their story is not just about the rise and fall of a royal family but also about the enduring connections that can transcend continents and masses.
Royal Family of Jamnagar
Ajay Jadeja, the former Indian cricketer, recently found himself in the spotlight, not for his achievements on the pitch, but for inheriting the royal mantle of Jamnagar — inheriting fortunes worth over $175 million (INR 1,450 crore). Declared the new Jam Saheb of Nawanagar (now Jamnagar) on Vijayadashami, Jadeja steps into a rich legacy, succeeding his uncle, Shatrusalyasinhji Digvijaysinhji Jadeja.
The Jadeja Rajput dynasty, which once ruled the princely state of Nawanagar, carries a remarkable legacy intertwined with both Indian history and cricket. Ajay’s grandfather, Digvijaysinhji Jadeja, was a celebrated figure in this lineage — not only serving as Jam Saheb from 1933 but also playing a pivotal role in Indian cricket as the president of the BCCI from 1937 to 1938. This familial bond with the sport extends to the cricket field, where Ajay himself shined as a member of India’s national team, further connecting the dynasty’s royal heritage with the cricketing world.
The Jadeja family’s royal residence in Jamnagar is as majestic as its lineage. Their home reflects opulence, featuring classic wooden flooring, a grand courtyard, and a spacious, well-manicured garden. Their interiors boast an expansive dining area adorned with souvenirs from their global travels, while a well-designed bookshelf adds a touch of intellectual elegance. Ajay’s new role as the Jam Saheb is not merely a royal formality but a continuation of a deep-seated legacy that bridges the past with the present — one that combines the grandeur of royalty with India’s beloved sport, cricket.
The Maharaja Jam Saheb of Nawanagar (now Jamnagar) is famous for their priceless collection of jewellery, especially under Ranjithsinhji. Jacques Cartier called their emerald collection “unequaled in the world.” It includes beautiful pieces like an emerald and pearl necklace, an art deco emerald and diamond necklace, and an emerald choker, all designed by Cartier. The family owns palace and a school and has an exquisite jewellery collection.
Conclusion
India has been ruled by many great and powerful kings who had loads of money in their treasures. But after the Independence in 1947, a few kings left as monarchs. But soon, in 1971, their power and other privileges were taken away after the 26th Amendment of the Indian Constitution.
But even without power and being a monarch ruler, the descendants of some of the Royal families happen to lead a very luxurious life, primarily because of the money and property left by their ancestors. Also, many of them have found other sources of income, such as converting their royal palaces into hotels, getting into business, or becoming politicians. Above is a list of a few royal families of India, their current source of income, and how they continue to live a life.
As custodians of immense historical value and architectural grandeur, these families continue to wield significant influence in the spheres of culture, economy, and philanthropy, bridging the gap between the pages of history books and the realities of the 21st-century marketplace. Their stories enrich our understanding of India’s multifaceted identity, offering lessons in resilience, stewardship, and the art of reinvention.
Like reading more of such decodings from India’s rich history and economy? Keep heading onto StartupTalky for more of such content. We are always up to something antique yet new! Coming back to the topic, the remarkable ability of these royal families to adapt and thrive among commoners and democracy, serves as inspiration, highlighting the very fact that legacy is not just preserved in stone and mortar but lived daily through the innovative spirit and cultural contributions of each generation.
FAQs
Who are the richest royal families in India?
Some of the Richest Royal families in India are:
Royal Family of Jodhpur
Royal Family of Jaipur
Royals of Mewar
Pataudi Clan
Alsisar Royal Family
Gaekwads of Baroda
Wadiyar Dynasty
Bhonsale Dynasty
House of Bourbon
Who is richest royal family in India?
The Royal Family of Jodhpur is one of the richest royal families in India.
What is the net worth of The Royal Family of Jodhpur?
The Royal Family of Jodhpur has a net worth of INR 22,000 crores.
What is Arvind Singh Mewar net worth?
The Mewar dynasty, formerly led by Shriji Arvind Singh Mewar, had an estimated net worth of INR 10,000 crores. He oversaw this legacy, including the HRH Group of Hotels and various heritage properties in Udaipur. Following his passing in 2025, the family’s fortune is now under the stewardship of Shriji Lakshyaraj Singh Mewar, the 77th Custodian of the Mewar dynasty.
What is the major source of income for Royal families in India now?
Major sources of income for Royal families in India are:
Tourism Industry
Hospitality Industry
Politics
Business
Arts
What is the net worth of The Nawabs of Pataudi?
The Nawabs of Pataudi have a net worth of around INR 800 Crores.
What is Gaj Singh’s net worth?
Gaj Singh, the successor of the Jodhpur royal family, possesses a net worth of INR 22,000 crores.
What is the Nawab of Pataudi Saif Ali Khan’s net worth?
Saif Ali Khan, the Nawab of Pataudi, has an estimated net worth of around INR 1,200 crores. This comes from his successful acting career and his royal family roots.
What is Yaduveer Krishnadatta Chamaraja Wadiyar’s net worth?
Chamaraja Wadiyar, the successor of the Wadiyar Dynasty, possesses a net worth of INR 10,000 crores.
What is Lakshyaraj Singh Mewar net worth?
The net worth of Lakshyaraj Singh Mewar is approximately INR 10,000 crores. This wealth comes from being a well-known member of the Mewar royal family and their long history.
What is Ajay Jadeja of Jamnagar royal family net worth?
Ajay Jadeja, of the Jamnagar royal family, has a net worth of over $175 million (INR 1,450 crore), which he recently inherited after being declared the new Jam Saheb of Nawanagar, now known as Jamnagar.
What is the historical significance of the Khandpara Royal Family?
The Khandpara Royal Family ruled the princely state of Khandpara, established in 1599 by Raja Jadunath Singh Mangaraj, the youngest son of Raja Raghunath Singh of Nayagarh. The state was located in the present-day Nayagarh district, Odisha, and played a significant role in the region’s history until its accession to the Indian Union on January 1, 1948.
Who is the current head of the Khandpara Royal Family?
The current titular head is Raja Saheb Bibhuti Bhushan Singh Mardaraj Bhramarbar Rai, the 14th Raja Saheb of Khandpara. Born on January 4, 1955, he has been active in public service, having served as a Member of the Legislative Assembly (MLA) in Odisha and held ministerial positions in the state government.
The wearable industry has seen remarkable growth in recent years, driven by rising demand for smart, portable, and stylish gadgets. Among these, audio wearables like headphones and earphones have become particularly popular as consumers seek seamless sound experiences on the go.
In this evolving market, boAt has emerged as a standout brand, offering innovative and affordable audio solutions that connect with India’s young and tech-savvy audience.
boAt provides a wide selection of wireless speakers, earbuds, headphones, and earphones. This article tells about boAt company, product offerings, and financial performance in the booming wearable industry along with its history, success story business model, revenue, startup journey, and more.
boAt, an Indian powerhouse in the tech industry specializes in marketing an impressive array of audio-centric electronic gadgets. boAt offers a wide range of products to meet the various demands of music lovers, including wired and wireless headphones and earphones, as well as stylish earbuds called Airdopes.
The business expands its product line beyond personal audio devices to include high-end tough cables, home audio equipment, and an alluring assortment of additional tech accessories. boAt has made a name for itself as the brand to turn to when looking for premium audio solutions that also feature creative design and high-caliber craftsmanship.
boAt – Industry
boAt thrives in the vibrant and ever-evolving consumer electronics industry, which holds a pivotal role in India’s growing technological landscape. This industry has experienced remarkable growth, fueled by the increasing demand for electronic devices and gadgets. With its prominent presence, boAt stands at the forefront of this dynamic market, poised to meet the changing preferences of tech enthusiasts and tech-savvy consumers alike.
According to a Statista analysis, the Indian consumer electronics industry is expected to generate US $73.0 billion in revenue in 2024, growing at a rate of 6.06% per year (CAGR 2024 – 2028). This highlighted the noteworthy growth and economic prospects within the Indian consumer electronics industry throughout that time frame.
boAt – Founders and Team
Sameer Mehta and Aman Gupta are the co-founders of boAt.
Sameer Mehta
Sameer Mehta, Co-founder and Chief Product Officer, boAt
Sameer Mehta is the co-founder and Chief Product Officer (CPO) of boAt company. He is also the Executive Director of Kores (India). Sameer Mehta started his career at Redwood Interactive and was the owner of the company. Mehta completed his schooling at St. Xavier School, Mumbai, and pursued his bachelor’s degree in commerce from Narsee Monjee College of Commerce and Economics. Sameer also co-founded Imagine Marketing Pvt. Ltd., the parent company of boAt.
Aman Gupta, Co-founder and Chief Marketing Officer, boAt
Aman Gupta is the co-founder and Chief Marketing Officer (CMO) of boAt. He pursued his bachelor’s degree in commerce from Delhi University, after which he joined the Institute of Chartered Accountants of India. Gupta also pursued an MBA in Finance and Strategy at the Indian School of Business and an MBA in General Management and Marketing as an exchange student at the Kellogg School of Management at Northwestern University.
He started working as an Assistant Manager at Citibank and later worked as the co-founder and CEO of Advanced Telemedia Pvt. Ltd. Aman then joined KPMG as a Senior Management Consultant. He also worked as a Sales Director at HARMAN International. Aman Gupta ultimately co-founded boAt company in 2016 with Sameer.
He also co-founded Imagine Marketing India, which became the parent company of boAt. Aman Gupta served as a judge during Season 1, Season 2, and Season 3 of Shark Tank India and he will be seen in Season 4 too. He is also the first entrepreneur to walk the red carpet at Cannes in 2023.
The history of boAt company shows its rapid rise since its founding in 2016 by Aman Gupta and Sameer Mehta. Aman Gupta’s extraordinary journey from his birth and upbringing in Delhi to founding the immensely popular lifestyle audio brand boAt is a testament to his tenacity and entrepreneurial spirit. Initially urged by his father to pursue a career as a chartered accountant, Aman harbored a strong ambition to start his own business. Before achieving success with boAt company, he ventured into five other businesses, all of which faced failure.
The turning point in Aman’s entrepreneurial career occurred when he founded boAt at the age of 36, driven by his passion for creating a lifestyle brand catering to the preferences of millennials. Reflecting on past mistakes, he identified a recurring pattern of concentrating solely on starting businesses without considering other crucial factors.
boAt startup began with a vision to offer stylish, affordable, and high-quality audio products to India’s growing tech-savvy audience. boAt lifestyle began as a bootstrapped firm, with the founders contributing an initial capital of about Rs 30 lakh. Initially focused on manufacturing and selling cables, the company quickly evolved its trajectory. Aiming to deliver stylish audio products and accessories, boAt successfully tapped into the millennial market.
By 2020, boAt’s product categories had expanded to serve over 800,000 clients, a remarkable accomplishment considering its humble beginnings. Aman Gupta’s perseverance and commitment to learning from the past have played a crucial role in transforming boAt into the prosperous success story it is today.
The amazing success of boAt in the audio technology business is attributed to the strategic foundation set by Imagine Marketing India, the parent company of boAt, at its founding in 2014.
boAt – Business Model
boAt operates on an agile business model, prioritizing a keen understanding of consumer needs, desires, and behavior patterns. Its capacity to quickly adjust and respond in real-time to give customers exactly what they want gives it a considerable competitive advantage.
The company’s dynamic product expansion, which offers technological solutions in line with changing customer demands and consumption patterns, demonstrates its dedication to ongoing innovation.
boAt startup company uses a multi-channel distribution approach, being active on online marketplaces like Amazon and Flipkart as well as physical storefronts. The brand is also aggressively growing its offline presence. This omnichannel strategy contributes to the overall expansion and market reach of the brand while guaranteeing accessibility for customers with a range of buying preferences.
Licensing & Brand Partnerships: Collaborating with influencers and companies, boAt creates co-branded products, leveraging their notoriety for joint sales and exclusive releases.
Promotion and Advertising:
boAt invests in marketing and advertising to build brand awareness, utilizing various platforms for a wider audience reach. These efforts contribute to product visibility and customer acquisition, further enhancing revenue streams.
boAt – ESOP
According to regulatory filings, the boAt board approved a special resolution to grant its employees 9,55,523 Employee Stock Options (ESOPs) valued at around Rs 72 crore (almost $9 million) on October 17, 2023. As per the filing, these ESOPs were intended to be converted into equity shares, aligning with the goal of promoting employee ownership and attracting, retaining, motivating, and rewarding key personnel in line with business growth. This strategic decision demonstrated boAt’s commitment to both its personnel and its long-term growth ambitions in the tech sector.
boAt – Challenges Faced
In its early stages, boAt faced formidable challenges, especially in convincing Chinese contract manufacturers to produce in small quantities. A crucial juncture arose as the dedicated boAt team, immersed in product and packaging design, implored manufacturers with a commitment to larger orders in the future: “Please support us now, we will order more later.”
The logistical intricacies unfolded as products were shipped to the Indian company, maintaining minimal inventory, and Amazon took charge of distribution. Before the official launch of its brand in 2016, boAt served as a distributor for the international audio brand House of Marley from 2014 to 2016. boAt’s early narrative was defined by bootstrap funding, approximately Rs 30 lakh from the founders, and the resilience to surmount financial challenges.
Even with such modest beginnings, boAt faced enduring difficulties in the fiercely competitive business. The business negotiated the challenging terrain of producing fashionable goods at reasonable prices, a challenge made more difficult by a market full of equally skilled rivals.
boat’s dedication to conquering challenges and providing cutting-edge audio solutions has been important in forming its success story in the tech sector as it carved out its place.
boAt – Funding and Investors
boAt has raised a total amount of $177 million in funding over 8 funding rounds.
Date
Transaction Name
Amount
Lead Investor
February 1, 2024
Funding ROund – boAt
–
Ranveer Singh
October 28, 2022
Convertible Note – boAt
$60 million
–
April 16, 2021
Series B
Rs 50 crore
Qualcomm Ventures
January 5, 2021
Series B
$100 million
Warburg Pincus
September 1, 2020
Debt Financing
$3.34 million
InnoVen Capital
July 26, 2019
Debt Financing
$2.3 million
InnoVen Capital
July 17, 2019
Debt Financing
Rs 20 crore
Navi Technologies
May 3, 2018
Venture Round
Rs 6 crore
Fireside Ventures
boAt – Shareholding
As of December 2023, the shareholding pattern of boAt, based on information from Tracxn, indicates the following distribution:
Shareholders
Percentage
Warburg Pincus
38.30%
Sameer Mehta (Co-founder)
26.80%
Aman Gupta (Co-founder)
26.80%
Fireside Ventures
3.60%
Malabar Investments
1%
Others
3.50%
boAt Company Equity Split
boAt – Acquisitions
boAt has acquired two companies to date: KaHa Pte on January 15, 2022, and TAGG on June 9, 2021. These strategic acquisitions reinforce boAt’s commitment to innovation and market expansion in the audio technology sector.
boAt – Growth
boAt has experienced phenomenal growth by strategically placing its products in leading retail outlets, including Croma, Myntra, Amazon, Paytm, and Flipkart. The remarkable growth of the brand is evidence of the reliable, high-caliber performance of boAt products, drawing in a large consumer base.
By emphasizing innovation and flexibility in response to customer demands, boAt has become a prominent player in the audio technology sector, attaining notable accomplishments and acknowledgment within the industry.
Here’s a quick glance at some of the most prominent growth milestones of boAt:
boAt has gathered a community of more than 3 million customers, whom they proudly call ‘boAtheads’.
It claims to add one boAthead to its family within every 3 minutes that pass.
The company sells four units every minute and over 6,000 units each day as it reported in 2022.
boAt became the 5th largest wearables brand globally, as per a news report of December 2020.
boAt has surpassed Xiaomi and Samsung to become the 2nd-largest wearable brand after Apple, according to the IDC (International Data Corporation) report for Q3 2023.
Over the past five years, boAt has experienced significant growth in revenue, with a peak in FY23, followed by a slight decline in FY24. Despite the recent dip, the company has made substantial progress in reducing its net losses.
Particulars
FY24
FY23
FY22
FY21
FY20
Revenue
INR 3,121.6 crore
INR 3,284.7 crore
INR 2,873.0 crore
INR 1,313.8 crore
INR 700.4 crore
Expenses
INR 3,233.6 crore
INR 3,562.1 crore
INR 2,787.0 crore
INR 1,202.2 crore
INR 637.6 crore
Profit/Loss for the year
INR -81.7 crore
INR -124.6 crore
INR 69.4 crore
INR 86.5 crore
INR 49.5 crore
boAt Financials
In FY24, boAt’s revenue slightly decreased by approximately 5% to INR 3,121.6 crore, down from INR 3,284.7 crore in FY23. However, the company managed to reduce its net loss by about 47%, from INR 124.6 crore in FY23 to INR 81.7 crore in FY24
boAt Revenue Breakdown:
Revenue Source
FY24
FY23
Revenue from Operations
INNR 3,117.7 crore
INR 3,376.8 crore
Other Income
INR 17.7 crore
INR 26.4 crore
Total Revenue
INR 3,135.4 crore
INR 3,403.2 crore
The primary revenue from operations decreased by approximately 7.7%, from INR 3,376.8 crore in FY23 to INR 3,117.7 crore in FY24. Other income also saw a decline, contributing to the overall reduction in total revenue.
boAt Expense Breakdown:
Expense Type
FY24
FY23
Purchases of Stock-in-Trade
INR 2,271.1 crore
INR 2,526.9 crore
Changes in Inventories
INR 39.2 crore
INR 83.7 crore
Employee Benefit Expense
INR 130.5 crore
INR 99.4 crore
Finance Cost
INR 68.4 crore
INR 78.4 crore
Depreciation & Amortization
INR 35.6 crore
INR 25.6 crore
Other Expenses
INR 688.8 crore
INR 748.1 crore
Total Expenses
INR 3,233.6 crore
INR 3,562.1 crore
Total expenses decreased by approximately 9.2%, from INR 3,562.1 crore in FY23 to INR 3,233.6 crore in FY24. Notably, employee benefit expenses increased by about 31.2%, reflecting investment in human resources.
boAt Profit/Loss Breakdown:
The net loss reduced significantly by approximately 47%, from INR 124.6 crore in FY23 to INR 81.7 crore in FY24, indicating improved cost management and operational efficiency.
In April 2025, Imagine Marketing, the parent company of boAt, filed draft papers for IPO via a confidential pre-filing route. This is the company’s second attempt at going public. The first, filed in 2022 with an INR 2,000 crore issue, was later withdrawn.
The upcoming IPO will include a fresh issue of equity shares worth INR 500 crore, along with an offer for sale (OFS) by existing investors. The total issue size is expected to be around INR 2,000 crore. The final OFS details remain undisclosed.
The filing was made under SEBI’s confidential pre-filing route, allowing boAt to avoid public disclosure until later stages. This route has also been used recently by companies like Tata Capital and PhysicsWallah.
boAt aims for a listing in FY26 and is targeting a valuation of over $1.5 billion. As per reports, ICICI Securities, Goldman Sachs, and Nomura are acting as lead managers.
boAt – Products
boAt has launched various products. Some of the prominent products are:
Stream Edition
boAt launched stream edition audio products including a neckband, headphones, and TWS earbuds in India in partnership with Netflix in December 2022.
StanceOS
boAt, and StanceBeam, a leading sports technology start-up in April 2023, have joined forces to offer StanceOS, which includes advanced smart sensors and sports motion-detecting AI technology in smartwatches.
Dolby-powered neckband
The Nirvana 525 ANC was formally introduced by boAt and Dolby in June 2023.
Kids Wireless headphones
Rockid Rush, a line of wireless Bluetooth headphones for kids, was introduced by boAt in August 2023, expanding its line of products. The 10-hour battery life, 30-mm drivers, and 85 dB sound limit of the limited-edition Bluetooth headphones are included.
Airdopes
As a new addition to the Airdopes series, boAt introduced the Airdopes Flex 454 ANC in India in September 2023. These cost less than Rs 2,000 and have ANC, up to 60 hours of playback time, and other capabilities.
boAt – Partnerships
boAt has partnerships with many companies. Some of the most prominent partnerships are:
Netflix
boAt partnered with Netflix in December 2022, and through this collaboration, boAt announced that it would launch True Wireless Earbuds (TWS), On-Ear Headphones, and Wireless Neckbands.
boAt partnership with IPL team
boAt agreed to become the official audio and wearable partner of three Indian Premier League (IPL) clubs, including Gujarat Titans (GT) and Royal Challengers Bangalore (RCB) in March 2023.
The company stated in a press release that it also extended its relationship with the Kolkata Knight Riders (KKR) and continued to serve as the team’s official audio partner throughout the IPL’s 16th season.
ONDC Partnership through Shopalyst’s Plugin
boAt and Shopalyst teamed up to make their product catalog searchable on the Open Network For Digital Commerce (ONDC). Through this partnership, boAt aimed to create multiple consumer touchpoints in May 2023.
Reliance Digital
boAt partnered with Reliance Digital in September 2023, and through this collaboration, they planned to introduce 3D hologram projections as part of an exciting retail experience featuring the boAt Smart Ring.
boAt – Advertisment and Campaign
boAt Campaign
360-degree campaign
boAt enlisted a star-studded lineup, including actor Kiara Advani, cricketer Shreyas Iyer, fashion designer Masaba Gupta, and co-founder Aman Gupta, for their comprehensive 360-degree campaign.
The ad, which was released to mark the audio line’s launch, masterfully conveys how Indians value their freedom to watch movies and TV shows whenever it suits them. This celebrity-studded commercial demonstrates the brand’s dedication to providing a captivating and entertaining auditory experience.
boAt – Awards and Achievements
boAt has been awarded and recognized on numerous occasions by a list of organizations. Here’s a look at some of the most prominent awards and achievements of the brand:
National Creators Award: Gupta was named Celebrity Creator of the Year at the inaugural National Creators Award in 2024.
Aman Gupta, the Chief Marketing Officer and co-founder of boAt, was named the e4m D2C Tycoon of the Year 2023.
He was recognized as the Entrepreneur of the Year in 2020 and included in the list of 40 Under 40 Achievers by Businessworld.
Aman Gupta received the Businessworld Young Entrepreneur Award in 2019.
In terms of boAt’s achievements
In Q3 of CY21, boAt became the “Number 1 brand for truly wireless and earwear in India.“.
The company was recognized as the “5th largest wearable brand in the world in 2020.”
boAt served as the official audio partner for six Indian Premier League (IPL) teams in 2021.
In the 16th season of the IPL, boAt became the official wearable partner for RCB and GT and the official audio partner for KKR.
Celebrities and cricket players that the brand has partnered with include Hardik Pandya, Diljit Dosanjh, and Kiara Advani.
boAt – Competitors
The top competitors of the boAt are Noise, Mivi, and Skullcandy.
Noise
Gonoise is one of the biggest rivals of boAt. It is headquartered in Gurgaon, Haryana, India, and was founded in 2014. Noise competes in the electronic equipment industry.
Mivi
Mivi is another rival of boAt. It is headquartered in Telangana, Andhra Pradesh, India, and was founded in 2015. Mivi also operates in the electronic equipment industry.
Skullcandy
Skullcandy is also one of the top competitors of boAt. It is headquartered in Park City, Utah, and was founded in 2003. Skullcandy also works in the electronics industry.
Apart from these, there are certain other competitors of boAt like pTron, Boult Audio, Fire-Boltt, and Ambrane.
boAt – Future Plans
One of the main reasons for boAt’s success is that they are aware of the trend of customers buying earbuds together with new smartphones. This is in line with a larger trend in the business, where big phone manufacturers collaborate strategically with audio providers to offer bundled prices that deter independent purchases. Co-founder of boAt Aman Gupta claims that changing market dynamics are reflected in this bundling technique.
boAt has a strategic positioning that focuses on providing fashionable yet reasonably priced products for Indian consumers in order to address the growing demand for technology gadgets. boAt is planning an IPO, with expectations of a valuation of around $1.5 billion.
FAQs
What is boAt?
boAt is an Indian startup that manufactures and distributes electronic gadgets. boAt was founded by Aman Gupta and Sameer Mehta and is hailed as one of India’s favourite audio and wearable brands today.
When did boAt Company start?
The boAt company was started in 2016 by Sameer Mehta and Aman Gupta.
How boAt company started?
boAt was started in 2016 by Aman Gupta and Sameer Mehta with the aim of providing high-quality, affordable audio products for young, tech-savvy consumers in India.
Who are the boAt founders?
The founders of the boAt are Sameer Mehta and Aman Gupta.
What is boAt’s revenue for FY2024?
boAt’s revenue dropped by 5% to INR 3,122 crore in FY24 from INR 3,285 crore in FY23.
What is boAt origin country?
boAt is an Indian Company. It is headquartered in Gurgaon, Haryana, India.
How much is boAt valuation?
boAt is aiming for a valuation of over $1.5 billion in its upcoming IPO in FY25.
How are boAt headphones?
According to most reviews, boAt headphones are decent in quality, amazing in design and looks, and pocket-friendly too. boAt is building its brand image and credibility through these qualities that the branch wields.
What is boAt business model?
boAt’s business model focuses on selling affordable, high-quality audio products like earphones, headphones, and speakers. It uses a direct-to-consumer approach through online channels, emphasizing strong branding, influencer marketing, and value for money. The company outsources manufacturing and has expanded into smartwatches and wearables.
Shark Tank India created quite a stir with its four seasons in the country and amongst its people. People love the angst, new ideas of young entrepreneurs, and all the great advice provided by the ‘Sharks’.
The first season premiered on Sony LIV and Sony Entertainment Television from 20 December 2021 to 4 February 2022. The show was produced by Studio NEXT Sony Pictures Television. Apart from the splendid business models and innovative ideas, the main attraction of the show was the ‘Sharks’. With great popularity and success, it has had 4 successful seasons. After a long wait, Shark Tank India Season 5 has been confirmed to return in Sony LIV’s 2025 schedule, bringing investors and start-up founders together once more.
The ‘Sharks’ here are some of the country’s most influential and prominent entrepreneurs and are the ones who have taken charge of investing in the businesses. If the investors are impressed by the products and services, they naturally become a part of their business by investing in them. The show itself is possible because of the investors; they are the one who provides the funds that will take the business of the young entrepreneurs forward.
Now, don’t you want to know about the richest shark on Shark Tank India and the sharks providing a ladder to reach the top to all the young entrepreneurs who dreamt of conquering the business world with their exceptional ideas? Well, here we will talk about the ‘Sharks’, their net worth, and the ones who have supported the exceptional business models of young entrepreneurs on the show. So, without any further ado, let’s get started.
Ritesh Agarwal is the founder and CEO of OYO Rooms. He was the newly added Shark for season 3 of Shark Tank India. He dropped out of college after a few days to pursue his entrepreneurial dreams. His net worth is Rs 14,400 crore as per Hurun Rich List 2024, making him one of the richest sharks in Shark Tank India Season 4.
OYO Rooms, a worldwide hospitality marketplace established in 2012, assists travellers in locating inexpensive accommodations all around the world. This business advertises its leased and franchised hotels on its website so that customers may choose the rooms and living areas they want at a price they can afford.
Ronnie Screwvala is an Indian entrepreneur and Chairperson and Co-Founder of upGrad, an online higher education platform that provides various courses in partnership with universities and industry experts. The valuation of upGrad is $2.25 billion. Ronnie Screwvala is a prominent figure in the Indian business and entertainment industry and has made significant contributions in the fields of media, entertainment, and education. He was a new addition to Shark Tank India’s third season.
He co-founded UTV Software Communications (now part of The Walt Disney Company) in 1990. UTV became one of India’s leading media and entertainment conglomerates. He then founded RSVP Movies in 2017. The company is a private Indian film production and distribution company. RSVP stands for Ronnie ScrewVala Production. Screwvala is also the founder of Unilazer Ventures and Swades Foundation. He took a step back from filmmaking after selling his company in 2012. The net worth of Ronnie Screwvala is $1.55 billion.
Amit Jain is the co-founder and CEO of CarDekho. He replaced Ashneer Grover in the second season of Shark Tank India. Mr. Jain, an IIT graduate, is one of the most successful entrepreneurs in India. The net worth of the shark Amit Jain is $355 million (approx).
Cardekho.com – a car buying and selling platform, was launched in 2008. It went through many ups and downs until a Series-A funding of $15 Million was secured in 2013. Now Cardekho is a unicorn with a valuation of over $1.2 billion. Amit Jain reportedly charges INR 7 lakh per episode.
Deepinder Goyal
Name
Deepinder Goyal
Company
Zomato
Net Worth
$1.8 billion (Rs 15,274 crore)
Deepinder Goyal – Shark Tank India Judges
Deepinder Goyal is the co-founder and CEO of Zomato. He was the newly added Shark for season 3 of Shark Tank India. Mr. Goyal has graduated from IIT Delhi. His company, Zomato, is a publicly listed company on the National Stock Exchange of India. Zomato’s subsidiaries are Blinkit and Urbanspoon. As of December 2024, Zomato has a Market Cap of $32.71 billion. The current net worth of Deepinder Goyal stands at $1.8 billion. He was one of the richest sharks in Shark Tank India season 3.
One of the most extensive and user-friendly apps for locating nearby eateries where you can eat or place an online food order is Zomato. In order to gather factual information on restaurants, it also provides menus, reviews, and ratings. The company became a unicorn in February 2018.
Deepinder Goyal is not part of Shark Tank India season 4. While rumours suggested his exit was due to Swiggy’s sponsorship, the show’s makers clarified that his absence was due to scheduling conflicts, and they would be happy to have him on future seasons.
Ashneer Grover was the managing director and founder of BharatPe, an Indian fintech company that was founded in 2018. This UPI-based app became a Unicorn in the year 2021 and currently, the value of the company is around $2.9 billion. The net worth of Ashneer Grover is $108 million.
BharatPe is an acquaintance of small-scale businesses and provides them with their payment service. Grover’s BharatPe gives intense competition to other online payment apps like Mobikwik, Paytm, and PhonePe. Ashneer Grover got INR 10 lakh per episode. However, he discontinued as a shark after season one.
Apart from BharatPe, he has also invested in companies like OTO Capital, The Whole Truth, IndiaGold, and Front Row. He has invested in various startups on the show, likeTagZ Foods, Zoro, Fello,etc. Ashneer Grover announced his resignation from the BharatPe on 28 February 2022. He is currently the co-founder of Third Unicorn, Crickpe. The company provides a cricket fantasy gaming platform. The company allows players to participate in public, private, and “mega contests” to earn cash prizes.
Aman Gupta
Name
Aman Gupta
Company
boAt
Net Worth
$87 million (Rs 720 crore)
Aman Gupta – Shark Tank India Judges
Aman Gupta is the co-founder and CMO of India’s biggest wearable brand boAt. The company has taken not only the country but the whole world by storm with its affordable and good-quality audio ear-wear. The net worth of the shark Aman Gupta is approximately $87 million.
boAt has captured the Indian electronic gadgets market brilliantly. He co-founded boAt in the year 2016 and has transformed the company into one of the biggest audio brands since then. He has invested in various startups on the show likeNuutjob, Altor, Revamp Moto, Ariro,etc. Aman Gupta received more than INR 9 lakh per episode in season 2.
Namita Thapar is a businesswoman who is leading the pharmaceutical industry with Emcure Pharmaceuticals. It is a multinational pharma company founded in the year 1983 and Thapar is currently the CEO of the company. She has invested in various startups on the show likeBrainwired, Sunfox Technologies, Kabaddi Adda, Sneakare, etc. Namita Thapar charged approximatelyINR 8 lakh per episode.
Peyush Bansal made his name by launching India’s biggest eyewear retail chain Lenskart. It was founded in the year 2010 and has been increasing the bar simultaneously. The current value of the company is $5.6 billion. The eyewear industry in India has revolutionized because of Lenskart and has been turning heads worldwide. He has invested in various startups on the show likeLoka, Hair Originals, Isak Fragrances, etc. Peyush Bansal got INR 7 lakh per episode. The net worth of Peyush Bansal stands at $72 million (approx).
Azhar Iqubal is the co-founder and Chairman of the well-known news aggregation app, Inshorts. He is a dropout from the Indian Institute of Technology (IIT). With Deepit Purkayastha and Anunay Arunav, he founded Inshorts as a Facebook page, which was introduced in 2013. The Inshorts app is currently worth around $550 million. Azhar was a new addition to Shark Tank India season 3 and will continue as a shark in season 4.
Vineeta Singh is an entrepreneur who proves that following your dreams with courage is what you need. She is the CEO and Co-Founder of Sugar Cosmetics, one of the largest Indian brands of cosmetics that is growing at an intense speed. She is an Alumni of IIT Madras and IIM Ahmedabad, the amazing part is she rejected a INR 1 crore job offer to follow her dream of running her own company.
Sugar was founded in the year 2012 and is a cruelty-free makeup brand that has captured the heart of the Indian audience. The current value of Sugar Cosmetics is $700 million (approx). She has invested in various startups on the show like Booz, Humpy Farms, Wakao Foods, etc. Vineeta Singh charged INR 5 lakh per episode.
Anupam Mittal is another popular shark in the business reality show. He is the founder and CEO of Shaadi.com and Makaan.com and is said to be one of the top angel investors in the country. The net worth of Anupam Mittal stands at $21.81 million. After graduating from Boston College, Mittal founded Shaadi.com in the year 1997 as Sagaai.com and changed its name in 2001. The total number of users of Shaadi.com in 2023 is estimated to be 35 million.
He has also invested in startups like OLA. In Shark Tank, he has invested in various startups on the show likeLysto, VivaLyf, Bamboo India, Tweek Labs, etc.Anupam Mittal received more than INR 7 Lakh per episode.
Ghazal Alagh founded one of the most popular personal products brands, Mamaearth, in the year 2016. The brand specializes in chemical-free baby-care products, and it now manufactures personal products for everyone. Mamaearth entered the Unicorn Club in the year 2022. The company launched its IPO on November 7, 2023. Ghazal Alagh got INR 8 lakh per episode. However, she discontinued the show after Shark Tank India season 1.
Radhika Gupta is a successful entrepreneur and investor. She was a new addition to the Shark Tank India season 3 judging panel. She has been the Managing Director and CEO of Edelweiss Mutual Fund since 2017, and she has helped the company expand to become one of India’s top mutual fund houses. Under Gupta’s leadership, Edelweiss Mutual Fund has grown into a leading player in the Indian mutual fund industry. The company has launched a number of innovative products and services and has consistently outperformed the benchmark indices. The net worth of Radhika Gupta is Rs 41 Crores.
Edelweiss Mutual Fund has total assets under management (AUM) of Rs 1,64,554 crores. It manages 399 schemes, including 26 Equity schemes, 16 Debt schemes, 4 Hybrid schemes, and 2 Money Market schemes.
Varun Dua is an Indian entrepreneur and the founder of Acko, an insurance technology (insurtech) startup that provides digital insurance solutions for individuals and businesses. He is recognized as a pioneer in the Indian insurtech space and has been credited with transforming the insurance industry through innovative technology and customer-centric approaches. The valuation of Acko Insurance is $1.4 billion.
Varun Dua was introduced as a new judge to the Shark Tank India season 3 panel. Dua’s entrepreneurial acumen and his commitment to innovation have earned him recognition as a leading figure in the Indian startup ecosystem. He has been featured in Forbes’ 30 Under 30 India list and has received numerous awards for his contributions to the insurance industry.
Kunal Bahl is an Indian entrepreneur known for co-founding Snapdeal, a leading e-commerce platform, and Titan Capital, a prominent venture capital firm. Bahl has significantly impacted the Indian startup ecosystem by investing in companies like Ola and Mamaearth. He also holds key positions in organizations such as NASSCOM and the National Startup Advisory Council, showcasing his influence in India’s business landscape. Kunal Bahl is the newest shark on Shark Tank India season 4.
Kunal has received various prestigious awards including Ernst & Young Entrepreneur of the Year (Startup), Fortune Global 40 under 40, and The Economic Times Entrepreneur of the Year, among others.
Viraj Bahl is the Founder and Managing Director of Veeba (VRB Consumer Products Pvt. Ltd.), a leading consumer food brand. He has joined the cast of Shark Tank India Season 4. Viraj is known for his deep understanding of the food industry. He is excited to share his knowledge and mentor entrepreneurs with great, scalable ideas.
His experience in building a successful business will help guide those looking for investments and advice. Viraj has studied Industrial Marine Engineering at Singapore Polytechnic.
Mohit Yadav is the Co-Founder of Minimalist, a popular skincare and haircare brand known for its clean, transparent, and science-backed formulations. He has joined the cast of Shark Tank India Season 5. Mohit is recognised for his deep understanding of the beauty and consumer products industry and his commitment to honest, research-based innovation.
His entrepreneurial journey spans ventures like Freewill and Oto.com, and senior roles at CarDekho, Deloitte, and Credit Suisse. Mohit is a qualified Chartered Accountant, holding an ACA in Finance and Accounts from The Institute of Chartered Accountants of India, where he was a gold medalist.
His experience in scaling successful businesses will help him guide and mentor budding entrepreneurs seeking both investment and strategic insight.
Srikanth Bolla
Name
Srikanth Bolla
Company
Bollant Industries
Net Worth
–
Srikanth Bolla – Shark Tank India Judges
Srikanth Bolla is the Founder and Chairman of Bollant Industries, a company based in Hyderabad. It makes eco-friendly and biodegradable packaging products. He has joined the cast of Shark Tank India Season 4. Srikanth is known for supporting people with disabilities and building a business that helps the environment.
Born blind, Srikanth faced many challenges but stayed determined. He studied Management Science at the Sloan School of Management, Massachusetts Institute of Technology (MIT), and was the first visually impaired student in that course.
Srikanth is excited and all set to guide new founders and support business ideas that are both smart and socially responsible.
Vikas D Nahar is an Indian businessman who has made a name for himself in the healthy food industry. He is the founder of Happilo International, a company that specializes in offering high-quality dried fruits, nuts, seeds, dates, hampers, and more. Despite facing numerous rejections, Vikas persevered and successfully raised funds for Happilo, which has now become a well-known health food brand.
Nahar was the guest shark for the grand finale of Shark Tank India Season 2. A special “digital-only” episode on SonyLiv called “Gateway to Shark Tank India 2” aired, wherein aspiring business owners got the chance to interact with Vikas and other sharks and pitch their ideas to them.
Conclusion
Shark Tank created a huge buzz in the country and has become a very popular business reality show in India. Various entrepreneurs from different parts of the country came here to showcase their innovative business plans in front of the sharks in the hope of getting investments for their companies. The Shark Tank India judges provided investments to their preferred business ideas and gave them a chance to flourish with their ideas. Season three of this show is anticipated to be bigger, with quality judges and creative business ideas.
FAQs
Who is the richest shark in Shark Tank India?
The richest sharks on Shark Tank India include Ritesh Agarwal, Ronnie Screwvala, Amit Jain, Aman Gupta, Anupam Mittal, and more.
Who were the newly added Sharks in Shark Tank India Season 3?
Ritesh Agarwal (Founder of OYO Rooms), Deepinder Goyal (Co-founder of Zomato), Azhar Iqubal (Co-founder of Inshorts), Radhika Gupta (CEO of Edelweiss Mutual Fund), Varun Dua (Founder of Acko), and Ronnie Screwvala (Co-founder of UpGrad) were the newly added sharks.
How much do Shark Tank India judges earn per episode?
The sharks earn between INR 5-10 lakhs per episode, with varying rates depending on their profile and involvement.
Will Deepinder Goyal return to Shark Tank India season 4?
Deepinder Goyal is not part of Shark Tank India season 4. While rumours suggested his exit was due to Swiggy’s sponsorship, the show’s makers clarified that his absence was due to scheduling conflicts, and they would be happy to have him on future seasons.
Is there a Billionaire in Shark Tank India?
Deepinder Goyal, the founder of Zomato, has a net worth of $1.7 billion, and Ronnie Screwvala, with a net worth of $1.53 billion, has been among the billionaires featured on Shark Tank India in previous seasons.
What is Aman Gupta net worth?
The net worth of Aman Gupta is $93 million (INR 720 Crores).
What is Anupam Mittal net worth?
The net worth of Anupam Mittal is $21.8 million (INR 185 Crores).
Who is the newest shark in Shark Tank India season 4?
Kunal Bahl, co-founder of Snapdeal and Titan Capital, and Viraj Bahl, Founder and Managing Director of Veeba, have joined the panel of judges on Shark Tank India Season 4. In March 2025, Srikanth Bolla, Founder and Chairman of Bollant Industries, also joined the judges’ panel.
The COVID-19 lockdown brought a dynamic shift in how consumers interact with businesses. Along with this, it saw a huge increase in digital adoption and more people are online than ever before. With e-payments in full swing, it gave online retailers the option to integrate their e-commerce platform with BNPL service companies.
While shopping online, most of you would have come across websites that allow Buy Now Pay Later (BNPL) service while shopping on their website. However, with a sense of scepticism about online banking, we never quite reached out to find out what it all meant.
As online stores are gradually becoming more aware of their customer’s needs and requirements, they are simultaneously coming up with customer-friendly payment solutions. All these solutions are continuously being integrated with e-commerce platforms.
In addition, BNPL service companies and traditional banks have entered into the system allowing similar payment arrangements. So, what is a BNPL service provider? How does it work? Let’s find out
Once a completely unknown concept, BNPL companies are slowly starting to make their way into the world of e-commerce. A “Buy Now Pay Later” company allows customers to pay for goods and services in a series of instalments rather than paying the full amount upfront.
A few popular examples of such BNPL companies include apps such as AfterPay, Affirm, Laybuy, Klarna, and others. A BNPL service provider, popularly referred to as BNPL apps are easy to use and generally has low-interest rates and high credit limits allowing customers to make common purchases with ease.
BNPL service providers develop and create an app-based form of payment that can be used for both in-store and online payments. The BNPL model is relatively similar to a credit card as BNPL apps allow users to pay for items in a series of instalments over time.
In simple words, a BNPLis a micro-credit option that allows you to shop online and pay off the amount in either days or weeks with little or no interest whatsoever. The rise in BNPL services has filled in a huge gap brought about by the pandemic. Apart from the e-commerce platform, BNPL service options can now be found on food delivery, travel booking, grocery shopping and other relevant platforms as well.
How Do BNPL Service Providers Contribute to E-commerce?
Not just an e-commerce platform, BNPL Service App can also be used for in-store payments. Every time a consumer buys a product using the BNPL Seva App, the seller (merchant) gets the full payment instantly. Meanwhile, the customer can pay the fee in a series of instalments over time.
Moreover, these BNPL applications charge no interestfor customers that stick to their payment deadline. The process of using a BNPL app is simple. Approvals are straightforward and BNPL Company can run a quick and easy credit check that will not affect your credit score.
Top 11 BNPL Product Categories
BNPL service applications not only benefit the customer but also have several advantages for retailers and online store owners. There are several reasons why an online store owner chooses to integrate a BNPL service into its e-commerce platform. Such benefits are
Makes it easy for merchants to sell to a particular of customers who use a BNPL service regularly
Offers customers the ability to buy an item even when they don’t have the full amount upfront.
Stay on top of the market competition or try to get an edge over the market by matching the customer experience offered by other market players.
Helps improve and increase consumer spending by enabling customers to make larger purchases without requiring a credit card.
This opens up another market segment comprising a young audience that has a higher shopping frequency.
Recently, BNPL companies have started to market various brands they work with by mailing vouchers and other exciting offers directly to their customers either via email, newspapers and others. The primary intent behind this isn’t to attract new customers, but to increase the purchasing frequency of the existing ones.
Top 10 Best BNPL Service Providers
The market is highly dynamic in the 21st century. So, if you are a store owner or an e-commerce website, you must be aware of the market trends to better serve your customers and create a completely satisfactory user experience.
Along with this, you need to pay due attention to the payment method used by your customers to pay for their purchases. Being aware of this will only aid in customer satisfaction and help improve the purchase frequency of your existing customers. To achieve this, many e-commerce websites have integrated themselves with BNPL service companies, allowing their customers to have BNPL options as they check out. However, given the abundance of BNPL service companies at your disposal, choosing the right company for your business can be difficult.
To make things easier for you, we have put together the top 10 BNPL service providers that you can opt to go for in 2023.
Simpl
Rating
4/5
Founded
2016
Beneficial to both merchants and customers alike, Simpl was launched in India way back in 2015. Over a period of time, it has grown to become one of the largest players in the BNPL segment in India. Launched as a mobile-first platform, Simpl offers instant approvals that allow a user to pay with a single tap.
Simpl
With Simpl, you have the option to pay later at your convenience. Alternatively, you also have the option to pay in a series of 3 instalments with zero additional charges. Simpl is known to have partnered with 4,500 sellers and merchants across India with a customer base of almost 7 billion.
Pros:
Customisable checkouts option
You can do mobile payments anywhere
Cons:
No free trial provided
Monoova
Rating
4.2/5
Founded
2017
If you are looking to add to the efficiency of your payment workflows, then Moonova’s API integration is exactly what your business needs right now. Thanks to the app’s simple API integration, you get instant account reconciliation, real-time debts and payments, and can assign unique account numbers to the different accounts on your payroll.
Monoova
Moonova uses multi-factor authentication that helps to protect you from online fraud, phishing, and other malicious websites by adding another solid layer of security to all your transactions. The company has recently partnered with Truelayer, a global leader in open banking to ensure smarter, faster, and streamlined data-enabled payments in the market.
The platform’s rock-solid algorithm allows you to conduct the heaviest of transactions with maximum ease. Additionally, the platform offers local support at all times followed by easy-to-use developer tools that you can use within your existing infrastructure
Pros:
Streamlined data-enabled payments
Muti-factor authentication
Maximum stability
Cons:
Needs regular updates and maintenance
PayPal Pay Later
Rating
4.4/5
Founded
2020
Whether you are a small business owner or a company with your own name, PayPal Pay Later is a great option for both. Not only is this great for business owners, but it is also highly convenient as a payment method for BNPL application buyers, allowing them to opt for PayPal Pay Later credit plans.
PayPal Pay Later
The PayPal Pay later credit plan allows users to choose from six to 36 months as their preferred payment plan. Business owners using PayPal for their transactions have direct and automated access to BNPL services. For this, all the business holders need to integrate the BNPL option of PayPal on their website.
Though the app is not compatible with in-store purchases, it integrates with most of the e-commerce platforms present in the market. Finally, PayPal offers a PayPal Purchase Protection Plan that assumes all credit risk and can be used for all PayPal purchases.
Pros:
Low processing fees
PayPal purchase plan
Integrates with most eCommerce platforms
Cons:
Not available for in-store purchases
High late fees
Afterpay
Rating
4.1/5
Founded
2014
Afterpay is a pay-in-four BNPL app that lets users enjoy interest-free instalments with a guaranteed payment of 48 hours to the seller. This BNPL service primarily caters to the needs of Gen Z who are learning to manage money on the go. Smart cards have limits for customers who want to inculcate good spending habits. By 2022, the app has been integrated with around 19 e-commerce websites and can also be used as an API. Operating in 8 countries, the app does not charge any cross-border fees.
Afterpay
Although pricing is not available on the website, popular user reviews indicate that this BNPL service charges between 4% to 6% plus 30 cents per transaction. As a Gen Z shopper, all you need to do is add Afterpay to your digital wallet.
Unlike PayPal, Afterpay is available for both in-store and online purchases. When using Afterpay, you need to put down 25% of the amount in the first phase and then pay the balance in six weeks without any interest charges.
Pros:
48-hour guaranteed payout
Works on the POS system
Integrates with several eCommerce platforms
0% APR
Cons:
Pricing not available
No monthly financing plan present
ZestMoney
Rating
4.2/5
Founded
2015
ZestMoney has rapidly grown to become one of the fastest-growing fintech companies in India. Similar to most BNPL services, ZestMoney allows users to make online purchases and pay back the money in a series of instalments with minimal interest charges.
ZestMoney
The platform’s algorithm integrates mobile technology, digital banking and AI under the same bracket to provide capital access to those who cannot afford loans through traditional mediums. However, unlike the rest, ZestMoney is designed explicitly for heavy purchases such as furniture, flight tickets, or other so on that aren’t covered by other BNPL lending platforms. The app offers interest-free instalment options to select merchants for a period of six to ten months.
Pros:
No-cost EMI on selected platforms
Instant loan approval and disbursal
Flexible EMI options
Cons:
Caters to heavy purchases only
The issue with user privacy
Klarna
Rating
3.5/5
Founded
2005
Klarna was started by the Stockholm School of Economics and is one of the most popular BNPL companies of the 21st century. With Klarna, you shop and you have the flexibility to split your purchases into 4 simple interest-free payments.
Klarna
You can get more time to make payments whenever you need them by simply extending your due date in the app. Once all the payments are done, all you have to do is report it on the app and all the payments will automatically stop. Shop wherever you are and pay directly from a desktop, smartphone or in-store.
Pros:
Available online and in-store
Multiple payment structures
Available in multiple countries
Cons:
Each purchase requires Klarna’s approval
High late fee
Zip
Rating
4.8/5
Founded
2013
Earlier known as Quadpay, Zip provides savvy buyers with greater freedom and essential flexibility to make payments anytime, anywhere using the BNPL platform. Established in Australia in 2013, this BNPL service extends to more than 12 international markets.
Zip
Whether you are a shopper or a merchant, Zip offers transparent and interest-free credit options to all that don’t hassle or disrupt the traditional credit card model. Similar to Klarna, Zip allows you to pay in 4 interest-free instalments. With Zip, you can pay for products directly using your phone or in-store.
Sezzle has now over 3 million active users comprising over 50,000 merchants on its platform. Operating primarily in the US and Canada, Sezzle serves as an alternative payment platform with 4 instalment free payment options spanning over 6 weeks.
Sezzle
As a certified nonprofit B corporation, you have the flexibility to reschedule your payments for up to two weeks at a time. You can shop and pay for your favourite brands both online and in-store using the Sezzle app.
Pros:
Options to Reschedule Payments
Virtual Credit Card Options are available both online and in-store
Cons:
Missed payments result in Account deactivation
Single Payment structure
Affirm
Rating
4.3/5
Founded
2017
Since 2017, Affirm has financed over 17 million purchases and is currently available to more than 30,000 retailers in the US. The company primarily operates in financial lending of instalment loans to their customers for use at every PoS purchase.
Affirm
Depending on your payment plan and eligibility, you can avail of up to 0-30% interest. This US-based BNPL service provider provides you with a flexible, transparent, and more convenient way of helping customers pay overtime as per the payment selection made by the customer.
Pros:
It has email Notifications
It has Customer Portal for financial tracking
Cons:
Very high-interest rates which vary from 10%-30%
It requires a credit check
Upstart
Rating
3.3/5
Founded
2012
The greater the access to affordable credit schemes, the greater the risks and associated costs. However, Upstart is a leading AI lending platform that works with banks and credit unions to help consumers settle their loans with simple payment plans.
Upstart
The process of applying for an UpStart loan is quick and easy. You start by checking eligibility without worrying about whether or not it will affect your credit score. Even if you are not eligible for the amount you requested, they offer some other options. You can then choose different amounts to get estimated APRs.
Pros:
Available In-store and Offline
Active Notification
Cons:
Single Payment Structure
Conclusion
Since the onset of the COVID-19 pandemic, the world has become a bit reluctant to venture out to shop. This has put an emphasis on online shopping in a big way allowing more and more e-commerce platforms to grow and develop every day. Meanwhile, online retailers and e-commerce websites are also making more efforts to match the user experience as per the market competition. For this, most of the e-commerce platforms have implemented a convenient BNPL service.
Without further ado, BNPL services are already making an impact on customers and vendors alike. Looking at the pace at which it is developing, BNPL service companies are all set to become a big element of both in-store as well as online shopping in the years to come. Whether you own a store or an e-commerce website, you need to be updated about the modern payment methods customers use to make their purchases. Doing so will only aid in customer satisfaction and ultimately generate more sales.
FAQ
How much do BNPL providers charge merchants?
Most BNPL retailers do not publicly disclose their merchant fees, but they typically range between 2% and 8% of a customer’s purchase amount.
What are BNPL services?
Buy now Pay later or BNPL is a type of instalment loan. It divides your purchase into multiple equal payments, with the first due at checkout. The remaining payments are billed to your debit or credit card until your purchase is paid in full.
What is Amazon BNPL?
Amazon Monthly Payment is a buy now, pay later (BNPL) option. However, if it isn’t offered on your product or does not meet your payment needs, you could choose a third-party BNPL provider.
Is BNPL a product or service?
BNPL products are credit products, just like any other loan, and will take regular repayments from your bank accounts or credit card.
Is BNPL a payment method?
The buy Now Pay Later (BNPL) scheme is a method of payment which allows consumers to pay for their purchases in short instalment periods without any interest charges or fees.
Azent Overseas Education, one of India’s leading study abroad platforms, is set to host a UK Admissions Day on October 29, 2025, at its Hyderabad Center. The event will bring together representatives from renowned UK universities — Ulster University Belfast, University of Wolverhampton, Edinburgh Napier University, and St. Mary’s University, London and more— offering aspiring students an exclusive opportunity to explore study options, understand admission requirements, and secure offers for the January 2026 intake.
“At Azent, our mission is to make overseas education more accessible, transparent, and personalized for every student. The UK Admissions Day in Hyderabad reflects our commitment to empowering students with first-hand information and real interactions with university experts. This event not only supports students in securing admissions for the upcoming intake but also deepens our engagement with our partner universities and the parent community.” said Priyanka Nishar, Founder and Managing Director of Azent Overseas Education.
The UK Admissions Day is part of Azent’s continued effort to simplify and streamline the overseas education journey for Indian students. This event aims to provide students and parents with direct access to university representatives, enabling them to receive on-the-spot guidance, application support, and clarity on scholarships, eligibility criteria, and visa processes.
The event will also serve as a dynamic platform for student-university engagement, allowing candidates to understand academic programs, post-study work opportunities, and the overall student experience in the UK. Each of the participating institutions brings a strong academic reputation and a distinctive portfolio of courses that continue to attract Indian students seeking high-quality education and global career prospects.
The recent high-profile visit of UK Prime Minister Keir Starmer to India, accompanied by a 125-member delegation of university Vice Chancellors, business leaders, entrepreneurs, and cultural representatives, marks a defining moment in the India–UK strategic partnership. The discussions around the forthcoming Free Trade Agreement (FTA) signal a renewed era of collaboration — unlocking vast opportunities across education, business, innovation, and investment. Education remains a cornerstone of this bilateral relationship, with UK universities playing a pivotal role in nurturing global talent. For decades, the UK has stood as one of the most sought-after destinations for international students, and the growing demand from India continues to reinforce its reputation as a hub for world-class learning, cultural diversity, and global career pathways.
By bringing together universities, students, and families under one roof, Azent aims to reinforce its position as a trusted bridge between global education institutions and Indian aspirants. The event is also designed to showcase the company’s end-to-end solutions — from counseling and test preparation to education loans, visa assistance, and pre-departure support.
About Azent
At Azent Overseas Education Ltd, we have a strong commitment to education and career development. We are passionate about bringing global education to the doorsteps of students all over India. Integrity is essential to the admissions process and Azent is committed to the highest ethical standards. Our organization and our counselors pledge ethical and respectful behavior in our interactions with our students and their families. We aspire to become the world’s leading global education advisory, unleashing potential, one student at a time.
India’s startup scene stayed active on 28th October 2025, with fresh funding across fintech, AI, and edtech. Optimo Capital led the day’s deals, followed by Smallest.ai and Cybrilla. Meanwhile, OpenAI announced free ChatGPT Go access for Indian users, and Amazon revealed plans for major corporate layoffs.
Daily Indian Funding Roundup – 28th October 2025
Company
Amount
Round
Lead investor(s)
Sector
Optimo Capital
INR 150 Cr
Series A
Founder Prashant Pitti; Blume Ventures; Omnivore
Fintech / Digital loans against property
Smallest.ai
US $8 Mn
Seed
Sierra Ventures; 3one4 Capital; Better Capital
Voice AI / Enterprise speech tech
Satark AI
Undisclosed (cap US$3 Mn)
Pre-seed
Infynno Solutions
Cybersecurity / Autonomous CISO-infrastructure
Cybrilla
Undisclosed
Pre-Series A
360 ONE Asset; Peak XV; Groww
Tech infrastructure / Wealth & asset-management
Gubbachhi
Undisclosed
Pre-seed
D2C Insider Super Angels Fund
Edtech / Early-learning platform
Optimo Capital launches digital-LAP lending platform
Fintech-NBFC Optimo Capital has raised INR 150 crore in a Series A round led by founder Prashant Pitti, with participation from Blume Ventures and Omnivore. The company focuses on providing digital “loan against property” (LAP) solutions to MSMEs using AI and land-record data to speed up credit assessment and disbursal.
Smallest.ai raises $8 Mn to expand enterprise voice-AI offering
Voice-AI startup Smallest.ai secured $8 million in a seed round led by Sierra Ventures, joined by 3one4 Capital and Better Capital. The company builds AI speech models for enterprise contact-centres and plans to extend its voice tech stack across India and North America.
Satark AI raises pre-seed to build autonomous cyber-leadership stack
Cybersecurity startup Satark AI has raised a pre-seed round from Infynno Solutions through convertible notes. The startup is developing an AI-powered “autonomous CISO infrastructure” that automates policy, risk, threat, and compliance management for organizations.
Cybrilla secures pre-Series A funding led by 360 ONE Asset Wealth-tech infrastructure startup Cybrilla has secured a pre-Series A round led by 360 ONE Asset with participation from Peak XV and Groww. The company offers a “Wealth OS” platform for asset-managers and distributors to launch investment products efficiently and manage compliance.
Gubbachhi raises pre-seed funding from D2C Insider Super Angels Fund
Early-learning platform Gubbachhi has secured a pre-seed round from the D2C Insider Super Angels Fund. The startup focuses on child-centric learning through interactive curricula and plans to strengthen its digital presence in tier-2 and tier-3 cities.
Key Business News for 28th October 2025
OpenAI gives away one-year free access to ChatGPT Go in India
OpenAI has announced that its ChatGPT Go subscription will be available free of charge for one year to all users in India, starting from November 4, 2025. The plan (which previously cost INR 399/month) comes ahead of the company’s first DevDay Exchange event in Bengaluru, and applies to both new and existing ChatGPT Go subscribers in India.
Amazon to cut up to 30,000 corporate jobs in major restructure
Amazon plans to lay off up to 30,000 corporate employees beginning around October 28, 2025 — representing about 10% of its roughly 350,000 corporate workforce. The move is part of a broader cost-reduction and efficiency push, particularly after pandemic-era hiring surges.
Black Friday offers an amazing opportunity to shop smartly with the use of AI technology. With clever hacks, one can uncover those hidden deals, track the price drops, and know when exactly it’s the best time to buy. AI tools scan thousands of sites fast, comparing prices and notifying you before the stock runs out. These tools can even analyze the user’s habits to find the best deals that he or she is going to love. Just a few smart moves can avoid all that stress, save some dollars, and score big this shopping season.
Top Black Friday AI Hacks Every Shoppers Must Know
Price Trackers
Black Friday shoppers looking to score big should keep AI price trackers as their secret weapon. These entities can compare prices in thousands of stores in real time and notify you when there is the lowest available price. They analyze the past sales and are able to compare prices among their competitors and estimate when it might dip next. Because all the hard work is done by AI, you no longer have to get lost in an endless cycle of scrolling, and you can concentrate on purchasing that item you love at the right price.
Pros
Keeps price information up to date per second over diverse retailers
Presents prediction of future discounts relying on historical trends
Helps a buyer to take action faster as compared with the traditional way of shopping
Little risk of paying more for like products
Cons
May require browsing data to be shared in return for personalization
Frequent notifications or incorrect notices of deals
Usually doesn’t work well on uncommon products or very niche ones
Retailer Comparision
Price comparison by AI is the quickest route to victory on Black Friday. These tools in a matter of seconds check through hundreds of stores, analyze patterns, and show what the best deal for any item is. They collect live prices, reviews, and shipping costs, and waste no time in finding bargains. Smart shoppers use that to skip the fake discounts and track the real savings while also enjoying alerts whenever prices drop. With AI working like a tireless deal hunter, you get yourself fair prices without any effort and save money on every purchase.
Pros
Scans through deals instantly from hundreds of merchants
Shows prices indisputable in live price comparison
Combines reviews, ratings, and shipping costs in the output
Saves time in most cases and avoids misleading” traps”
Cons
Missing all the flash deals with limited to local sellers
Need data access for personalized results
Depend on other retailers’ cooperation and APIs for comparisons
Black Friday will be different for the shoppers this time as far as AI deal alerts are concerned. The shoppers no longer need to peruse websites without end since these smart systems use alerts for brand preferences, wish-list items, and spending limits. AI analyses browsing habits and notifies the shoppers instantly when goods hit particular price points. It will sieve through seemingly phony bargain offers in order to bring really low purchases. Time, cost, and distress can now be put away in knowing that AI is saving most limited offers before they disappear due to budget and interests.
Pros
Requires sending real-time personalized alerts of preferred options and prices
Eliminate the need to check a deal manually on different sites
Cross device makes it faster to shop from anywhere
Cons
It becomes a frequent alert, if the filters are not properly set
Needed to share data to get personalized accurate results
Depends on the retailer for continuous update reliability
Review Analysis
Your secret weapon this Black Friday is AI sentiment analysis. Rather than toiling through an endless stream of reviews, it instantly analyzes feelings, tone, and feedback from thousands of buyers to let you know whether a product is genuinely worth investing in. It highlights patterns of true satisfaction, flags repetitive complaints, and quickly detects fake reviews. That way, you can steer clear of inferior products and concentrate on those that customers genuinely adore. The AI cuts through the noise and points out the red flags that allow the shopper to trust the decisions.
Pros
Provides instant scanning and summary of thousands of reviews.
Detects fake reviews/AI-generated reviews for a better sense of product trust.
Highlights what customers most praise and what most complain about.
Saves time and helps avoid misleading ratings.
Cons
Rarely misinterpret the occasional sarcasm in reviews or someone’s use of slang.
Some smaller sites lack enough reviews for the program.
User consent may be needed to analyze personal feedback.
One of the coolest things to do is coupon stacking, which is one of the best tricks for availing crazy Black Friday discounts. It combines all possible savings from store coupons, manufacturer rebates, cashback rewards, and loyalty points into one hefty discount. AI now makes it easy for coupon stackers by finding valid combinations, syncing reward programs, and flagging false overlaps before checkout. This is meant to turn seemingly smaller discounts into bigger victories for shoppers who plan and act quickly. By mixing technology with classic tricks of couponing, consumers can double their savings.
Pros
Increases the amount of savings by stacking multiple offers at once.
Through the use of AI automation, valid stacking is fully validated.
Works across multiple categories as well as retailers.
Includes cashback, loyalty rewards, and card-linked perks.
Cons
Not all merchants allow this kind of stacking.
Some codes expire more quickly than others, especially during peak shopping times.
Overlapping offers can create errors
Image Recognition Tools
During Black Friday, shoppers access the best tools in terms of image recognition. By either taking a picture or a screenshot of any product, the apps find the same or near similar ones across dozens of stores. AI compares images, styles, and brands only to discover better pricing or rarer color options, as well as any deals potentially missed in regular searching. Shoppers can easily find lookalikes and score discounts quickly, even when the item doesn’t go by any particular name. This is an effortless hack that makes shopping easier, reduces search time.
Pros
It discovers products with just a single photograph
Locates things that are hard to find and rare colors or styles variations.
Helps in spotting some deals that might not be spotted by a search with text.
It saves time, and it can be used both online and offline.
Cons
It can be a little less accurate
Some apps do not cover some stores for particular categories.
Sometimes privacy concerns are raised about photo uploading.
AI cashback
AI cashback tools would assist in obtaining additional savings on this Black Friday. These smart assistants work on an automated basis, searching for cashback offers or discount codes that can be applied unconsciously at the time of checkout-it’s bearable not doing any manual searching. The AI calibrates itself by taking notes of shopping habits, matching deals with favorite stores, and maximizing on rewards without stalling the purchasing process. Shoppers can stack the instant rebates with coupons and loyalty points; cash on nearly every order is redeemable. This hands-off method makes it easy to forget about the savings.
Pros
Finds valid cashback deals and then applies the same automatically during checkout
Combines cashbacks with coupons and loyalty rewards
Works on several top e-commerce sites and categories
No need for manually hunting for codes or rebate links
Cons
Merchant exclusions or minimum spends apply to some offers
Cashback after the processing of the purchase may take some time
Account set up or the browser app is needed for full automation
Shopping List Optimisation
Buying boards checked through AI shopping list optimization turn your Black Friday spree into a smart strategy. It checks for any price, review, or stock data and then suggests other cheaper or better-quality alternatives before you decide to checkout. It finds offers closely catered to your taste and budget but filters out the ones’ value that matters little to you. The system even predicts when said substitutes are likely to be on sale for lesser price. An efficient plan turns spontaneous purchase decision into an intelligent one with value for money, all weighed in before cash settles down.
Pros
Real-time identification of reasonably priced and well-reviewed alternatives
Prevents overspending through prioritized and optimized lists
Learns all the user habits to improve future recommendations
Reduces decision fatigue with automated sorting
Cons
Might suggest alternatives from outside preferred brands
Requires access to browsing and purchase data
Suggestions depend on availability across various retailers
Predictive Inventory Insights
Insights derived from predictive, intelligent inventory systems act as secret weapons for the kind of shoppers who annoyingly miss out on good offers. These systems read sales figures, trends in traffic, and buying pattern shifts in order to work out projections of when a hot item is likely to run out of stock. Real-time demand study at peak hours shows the consumer enough to alert them when its virtual light is turned on for stock before it goes out. This proactive shopping edge keeps you ahead of price hikes and fake “sold out” tactics.
Pros
Predicts when popular items will sell out by making use of real-time data
Reduces missing out on limited-time deals or restocks
Helps time purchases around price low points
Enhances efficiency in shopping and stress less in buying
Cons
Triggering sudden demand spikes may lead to inaccurate predictions
Dependent on product data, available at the very last moment, and retailer data
Reports will trigger an earlier spend than intended if they get skewed
Extended Return Policies
People from all over the world have their own individual customs regarding shopping during Black Friday shopping. In fact, with splendid treasure in their return windows, retailers keep extending their return policies by a few weeks and sometimes even beyond into the new year. All major retail outlets, including Target, Walmart, and Macy’s, allow returns after the holiday season, easing the pressures of gift giving before researching options for post-holiday decisions. For this, you have a friendlier shopping policy to purchase early and save time even if you might ask for an exchange or change of intention later.
Pros
Grants extensions for returns until January which is great for items deemed to be gifts.
Lessen return remorse through tweakability after the holidays.
Encourages early shopping without fear of returns.
Applicable for in-store and online major retailers purchases.
Cons
A few exemptions apply, mostly for electronics and luxury items.
Marketplace and product sold by third-party sellers most often not covered.
Requires careful tracking of purchase dates and receipts.
Conclusion
Till now, AI had made Black Friday shopping much smarter, faster, and more personalized. Existing applications of shopping-from-homery have enabled shoppers to monitor price drops, discover hidden bargains, or avoid erroneous sales. In other words,from scanning reviews to stacking cashback, the guesswork related to decision-by-impulse have been eliminated by AI as well. In telling buyers they are in real-time control, sharper insights, and that confidence they can grab what matters most. Combining speed with savings, AI will turn what has always been chaos into a peaceful, calculating victory in bargain hunting.
How can AI make Black Friday shopping smarter and more efficient?
AI simplifies Black Friday shopping by scanning thousands of websites, comparing prices in real time, and alerting you to the best deals. It removes the guesswork by analyzing your shopping habits and predicting when prices will drop, helping you save both time and money.
What are AI price trackers and how do they help during Black Friday?
AI price trackers monitor products across multiple retailers, track price drops, and send instant notifications when items reach their lowest prices.
Are AI price comparison tools reliable for Black Friday deals?
Yes! AI comparison tools instantly analyze prices, reviews, and shipping costs from hundreds of retailers. They help you spot genuine discounts and skip fake ones, ensuring you pay the lowest possible price for your chosen product.
After a majority of trustees voted against his reappointment to the boards of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Mehli Mistry, a close friend of Ratan Tata, is leaving Tata Trusts. Mistry will resign from the Tata Trusts’ governing boards after three of the six trustees opposed his renomination in a circular resolution that was distributed last week.
According to sources, former Defence Secretary Vijay Singh, TVS Group chairman Venu Srinivasan, and Tata Trusts Chairman Noel Tata were the three trustees that opposed his reappointment. Darius Khambata and Pramit Jhaveri voted in favour of Mistry’s continuation at the Sir Dorabji Tata Trust, while Khambata and Jehangir HC Jehangir did the same at the Sir Ratan Tata Trust. The split ruling, which ends Mehli Mistry’s official affiliation with two of India’s most significant philanthropic organisations, highlights the widening gaps in the trusts’ leadership about appointments and governance issues.
Tata Trusts’ Internal Rift Lead to Mehli’s Exit
Mistry’s current three-year tenure as a trustee ends on October 28. He was first inducted in 2022. The most recent suggestion is made in the midst of rumoured internal divisions within Tata Trusts, with one side reportedly supporting Chairman Noel Tata and another group led by Mistry and consisting of supporters of Ratan Tata.
The most influential stakeholder in the company is the Tata Trusts, which together own 66% of Tata Sons. With Mehli Mistry’s support, Tata Trusts unanimously reappointed Venu Srinivasan as a lifetime trustee earlier this week. Mistry backed Srinivasan’s reappointment as a trustee of Tata Trusts, as did trustees Pramit Jhaveri, Jehangir H.C. Jehangir, and Darius Khambata.
They did, however, include a crucial requirement: majority consent is required for any subsequent trustee renewals. They cautioned that their permissions would be revoked if there was not unanimous agreement. Voting was never a possibility within the Trusts during Ratan Tata’s leadership. Traditionally, decisions were made by consensus and group agreement; however, this approach is currently being examined in light of indications of internal conflict.
Noel Tata, Venu Srinivasan and Vijay Singh Opposed Mistry’s Reappointment
Mistry had the backing of trustees Pramit Jhaveri, Darius Khambatta, and Jehangir H.C. Jehangir, although Noel Tata, Venu Srinivasan, and Vijay Singh were apparently against his continuing. A month ago, a group of four trustees led by Mehli Mistry objected to Vijay Singh’s reappointment as a nominee director on the board of Tata Sons, the firm’s main holding company. This was the most recent flashpoint.
A rare and visible indication of discontent among one of India’s most prestigious corporate institutions, the decision caused an unusual split (3-4) within the Tata Trusts. The second week of September 2025 saw Singh’s resignation from the Tata Sons board. Singh needed the support of both Srinivasan and Noel Tata, but it was insufficient because all Tata Trust actions must be approved unanimously.
The significant division among the trustees was revealed when Srinivasan and Tata resisted Mistry’s candidature for the Tata Sons board. There is no chance that Noel will change his mind about turning down Mistry’s application for a Tata Sons board membership, according to people familiar with the situation.
Quick Shots
•Mehli Mistry, a close confidant of Ratan Tata, has
been voted out of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust boards.
•The decision came after three of six trustees
opposed his reappointment in a circular resolution last week.
•This marks the end of Mistry’s official association
with Tata Trusts, key shareholders owning 66% of Tata Sons.
•Trustees Noel Tata, Venu Srinivasan, and Vijay
Singh voted against Mistry’s reappointment.
On 28 October, OpenAI declared that starting on November 4, ChatGPT Go will be free for a year for all Indian users. The package, which now costs INR 399 a month, will be made available as part of a temporary promotion that takes place in conjunction with the company’s first DevDay Exchange event in Bengaluru.
Since ChatGPT Go was first introduced in India a few months ago, the firm has been inspired by the ingenuity and uptake of its users, said Nick Turley, Vice-President and Head of ChatGPT. To assist more people access and benefit from cutting-edge AI, the company is making ChatGPT Go freely available for a year ahead of its first DevDay Exchange event in India. “We’re excited to see the amazing things our users will build, learn, and achieve with these tools,” Turley stated.
Free Subscription also Available for Existing ChatGPT Go Subscribers
According to OpenAI, the free-access offer’s sign-up period will begin on November 4. The 12-month promotion will also apply to current ChatGPT Go members in India; further information will be available soon. Powered by OpenAI’s GPT-5 model, ChatGPT Go is the company’s newly released subscription tier that gives customers more access to premium services like longer memory, more picture generation, higher message limits, and expanded file and image uploads.
ChatGPT Go was released in August 2025 in response to Indian users’ desire for more reasonably priced access to cutting-edge features. India’s paid ChatGPT user base more than doubled in the first month after its debut. Since then, the service has grown to almost 90 markets worldwide.
India a Massive Market for ChatGPT
India is one of ChatGPT’s fastest-growing and second-largest markets. Today, millions of individuals utilise ChatGPT every day for learning, productivity, and creativity. These users include professionals, students, and developers.
According to OpenAI, the free-access campaign demonstrates its “India-first” stance and advances the IndiaAI Mission, which aims to increase indigenous innovation capability, promote digital inclusiveness, and increase access to artificial intelligence tools. In order to encourage responsible AI use and skill development across the country, the company is also collaborating with government programmes, educational institutions, and civil society groups under the IndiaAI Mission.
Quick Shots
•On October 28, OpenAI announced that ChatGPT Go will be free
for one year for all Indian users starting November 4.
•The subscription, usually priced at INR 399 per month, is now
part of a special promotional offer tied to OpenAI’s first DevDay Exchange
event in Bengaluru.
•The 12-month complimentary plan applies to both new and
existing ChatGPT Go subscribers in India.
•More details on sign-up and activation will be shared by OpenAI
soon.
•The offer begins November 4, 2025.
•ChatGPT Go was launched in August 2025 following strong demand
for affordable AI access.
In its fourth update, released 28 October’s morning, the Multi Commodity Exchange (MCX) advised market players that a technical problem has delayed the start of trade. Although it did not provide a new start time, the exchange stated that trading would start from its Disaster Recovery (DR) site.
It further stated that participants would be informed in due time of the revised start time. Updated at 10:20 a.m. A technical problem has caused a delay in the start of trading. The DR site will be the starting point for trading. Market participants will be notified when trading will begin. “We apologise for any inconvenience,” MCX said on its official website.
Exchange Keep Changing the Timings
The exchange had previously told customers that trading would begin at 9:30 AM, but it then changed that to 10:00 AM and then to 10:30 AM. In an early post on social networking site X, low-broking stockbroking platform Zerodha said that the precise timing for MCX trading to resume has not yet been confirmed.
In their article, Zerodha stated that the MCX opening has been further delayed. The updated timing has not yet been verified. “As soon as an update is available, we’ll share it.” The conversation affirmed that operations would resume from its Disaster Recovery (DR) site, a backup infrastructure intended to guarantee business continuity in the case of outages at the primary site, even if it did not go into detail about the specifics of the malfunction.
This is not the first time that MCX has encountered this problem. A similar technical issue caused a delayed market opening earlier in July of this year, with trading starting over an hour past the 9:00 AM planned time. A phased resumption was indicated by the numerous notices that MCX had sent out during the morning at that point. The first stated that trading will return by 9:45 AM, then it was revised to 10:10 AM, and eventually it started operations at 10:17 AM.
This is not the First Time for MCX
MCX experienced a significant issue in February of last year that resulted in a four-hour operational halt. Its switch to a new trading platform was thought to be the cause of the problem. Both domestic and foreign markets saw a decline in the price of gold and silver on October 27.
The December silver futures contract dropped 2.78% to INR 1,43,367 a kilogramme, while the December gold futures contract closed at INR 1,20,957 per 10 grammes, down 2.02%. Precious metals’ decline came as U.S.-China trade tensions eased, which reduced demand for safe haven assets. Investor interest in gold and silver was further dampened by an impending meeting between the presidents of the United States and China, which is anticipated to conclude a trade agreement.
Quick Shots
•MCX suffered another technical glitch on October
28, delaying the start of gold and silver futures trading.
•Trading is set to resume from the Disaster Recovery
(DR) site, but no confirmed restart time was announced.
•MCX apologized for the inconvenience and assured
updates “in due time.”
•Zerodha confirmed on X that the exact resumption
time was unconfirmed as of morning updates
Welcome to StartupTalky’s 2025 Indian startup funding updates! As we move into the New Year, we’re here to provide you with a clear and simple overview of the latest funding news. Our monthly tables, updated weekly, will track the amount each company has raised, the sectors they operate in, the key investors involved, and more.
Whether you’re an investor, entrepreneur, or just curious about the startup scene, this article will keep you informed on the funding trends shaping the industry. Be sure to check back regularly for the latest funding updates and insights!
Indian Startup Funding – October 2025 [6 October – 27 October]
Company
Sector
Headquarters
Amount
Funding Round Type
Lead Investors
Banana Club
Consumer > Fashion Tech
Karnataka
$1.39M
Seed
–
Neulife
HealthTech > Fitness & Wellness Tech
Maharashtra
$1M
Unattributed
Subhkam Ventures
Dhobi G
Consumer > Local Services
Tamil Nadu
$171K
Conventional Debt
Indian Overseas Bank
Helex
Life Sciences > Genomics
Telangana
Undisclosed
Seed
Bluehill Capital Trust
Michezo Sports
Consumer > Sports Services
Karnataka
$2.5M
Seed
Centre Court Capital
Celewish
Consumer > Communication Apps
Maharashtra
$750K
Angel
–
Megaliter Varunaa
Environment > Waste & Water Management
Telangana
$1.71M
Seed
–
The Eye Foundation
Healthcare > Hospital Chains
Tamil Nadu
$75M
Series C
Verlinvest
Wonderland Foods
Food & Agriculture > Food & Beverage Products
Delhi
$16M
Series B
Asha
CapitalXB Finance
Financial Services > Consumer and SME Loans
Maharashtra
Undisclosed
Conventional Debt
Nicolas Walewski
CapitalXB Finance
Financial Services > Consumer and SME Loans
Maharashtra
$15M
Seed
Nicolas Walewski
Berar Finance
Financial Services > Consumer and SME Loans
Maharashtra
$17M
PE
Abler Nordic
Uniphore
High Tech > Generative AI
California / Tamil Nadu
$260M
Series F
New Enterprise Associates
Umagine
Environment > Environment Consultancy Services
Delhi
$850K
Seed
Venture Catalysts
Stylox
Consumer Goods > Apparel Brands
Haryana
$340K
Seed
thefef.net
Fundamento
Enterprise Applications > Customer Service Software
California / Delhi
$1.9M
Seed
The Players Fund
Imagimake
Retail > Mom & Baby Care
Maharashtra
Undisclosed
Series B
Pidilite Ventures
EKA
Energy Tech > Electric Vehicles
Maharashtra
$57M
Series A
NIIF
HooLiv
Consumer > Residential Real Estate Tech
Delhi
$2.73M
Seed
Negen Capital PMS
Healing Hands Clinic
Healthcare > Clinic Chains
Maharashtra
Undisclosed
PE
L Catterton
Kraya
Enterprise Applications > SCM Software
Maharashtra
$113K
Seed
AID
Zepto
Food and Agriculture Tech > Online Grocery
Karnataka
$300M
Series G
Goodwater Capital
DashamLabs
High Tech > Advanced Materials
Haryana
$1.36M
Seed
Speciale Invest
Kuku FM
Consumer > Vernacular Platforms
Maharashtra
$50M
Series C
Granite Asia
CoreStack
Enterprise Infrastructure > IT Operations
Washington / Tamil Nadu
$50M
Convertible Debt
Post Road Group
Thefragaria
Food and Agriculture Tech > Crop Tech
Tamil Nadu
$2M
Seed
WEH Ventures
Flowatt Batt
Energy Tech > Energy Storage Tech
Karnataka
$248K
Seed
PedalStart
CoinDCX
FinTech > Cryptocurrencies
Maharashtra
Undisclosed
Series D
Coinbase
Matters
Enterprise Infrastructure > Cybersecurity
Karnataka
$4.75M
Seed
Kalaari Capital
Airoclip
Mobile > Mobile Gaming
Karnataka
$2.75M
Seed
TAC
Airbound
High Tech > Drones
Karnataka
$8.65M
Seed
Humba Ventures
CIMCON
Energy > Oilfield Services
Gujarat
$5.86M
Series A
Niveshaay
HouseEazy
Consumer > Residential Real Estate Tech
Uttar Pradesh
$17M
Series B
Accel
SpeakX
EdTech > Continued Learning
Haryana
$16M
Series B
WestBridge Capital
Reia Diamonds
Consumer Goods > Fashion Accessories
Karnataka
$225K
Seed
Venture Catalysts
MyWonder
Real Estate & Construction > Construction Management Services
Karnataka
$300K
Seed
Antler
Ramkrishna Forgings
Auto > Auto Components
West Bengal
$23.1M
Post IPO
–
Exposome
Chemicals & Materials Tech > Chemicals Tech
Maharashtra
$2.59M
Seed
Colossa Ventures
GoodScore
FinTech > Alternative Lending
Karnataka
$13M
Series A
Peak XV Partners
Onida
Consumer Goods > TV & Audiovisual Products
Maharashtra
$14.8M
Post IPO
Authum
FS Life
Consumer > Fashion Tech
Haryana
$5.6M
Series B
Colossa Ventures
Hunger
Food & Agriculture > Food Service Chains
Maharashtra
Undisclosed
Series A
Lighthouse
Hala Mobility
Consumer > Auto E-Commerce & Content
Telangana
$3.38M
Series A
Magnifiq Capital Trust
Qapita
FinTech > Investment Tech
Singapore / Telangana
$26.5M
Series B
MassMutual Ventures
Pantherun
Enterprise Infrastructure > Enterprise Networking
Karnataka
$12M
Series A
Info Edge Ventures
We360.ai
Enterprise Applications > HRTech
Madhya Pradesh
$2M
Seed
GSF
Ask My Guru
Consumer > Religion Tech
Karnataka
$500K
Seed
Matrimony.com
Rusk Media
Media & Entertainment > Film & TV Studios
Maharashtra
Undisclosed
Series B
IvyCap Ventures Advisors
FasTest
HealthTech > Healthcare Booking Platforms
Maharashtra
$135K
Seed
Inflection Point Ventures
Ekkaa
Semiconductors > Display Technology
Haryana
$12.2M
Series A
–
Eternz
Consumer > Fashion Tech
Karnataka
Undisclosed
Seed
Multiply Ventures
GH2 Solar
Energy > Solar Energy
Uttar Pradesh
$6.5M
Series A
GrowMo360
Jaagruk Bharat
Media & Entertainment > Internet First Media
Delhi
$169K
Seed
ajvc
Meolaa
Retail > Beauty Tech
Karnataka
$6M
Seed
General Catalyst
Rusk Media
Media & Entertainment > Film & TV Studios
Maharashtra
$169K
Angel
Ramesh Gandhi
TrusTerra
Auto > Auto Retail & Aftersales
Haryana
$1.01M
Seed
Finvolve
Battwheelz
Energy Tech > Electric Vehicles
Haryana
$225K
Seed
Finvolve
Intangles
Consumer > Road Transport Tech
Maharashtra
$30M
Series B
Avataar Ventures
August AI
HealthTech > Disease Self Management
Karnataka
$3M
Seed
Accel
Consuma
Enterprise Applications > MarketingTech
Karnataka
$1.3M
Seed
Equirus Wealth
Goodmelts
Retail > Home Care E-Commerce
Karnataka
Undisclosed
Seed
Anicut Capital
H2 Carbon Zero
Energy Tech > Energy Storage Tech
Delhi
$850K
Seed
Venture Catalysts
ZillOut
Food and Agriculture Tech > Food Tech
Karnataka
$310K
Seed
Jindagilive Angel Network
Dezerv
FinTech > Investment Tech
Maharashtra
$40M
Series C
Premji Invest
Vipul Organics
Chemicals & Materials > Dyes Pigments and Inks
Maharashtra
$3.97M
Post IPO
–
OZi
Retail > Mom & Baby Care
Haryana
$3.3M
Seed
Blume Venture
Lucio
High Tech > Chatbots
Karnataka
$5M
Series A
DeVC
Finarkein Analytics
FinTech > Banking Tech
Maharashtra
Undisclosed
Seed
DSP Group Family Office
PRYM Aerospace
High Tech > Drones
Maharashtra
$2.41M
Seed
Lloyds steel
Ecoex
Environment Tech > Solid Waste Management Tech
Delhi
$4M
Seed
–
Navata Supply Chain Solutions
Business Services > Supply Chain Services
Telangana
$1.52M
Series A
Abyro Capital
AltMat
High Tech > Advanced Materials
Gujarat
Undisclosed
Seed
Rainmatter
Exsure
Life Sciences > Oncology
Odisha
$11.3K
Seed
AIC-Nalanda Institute Of Technology Foundation
DecorTwist
Consumer Goods > Home Furnishing Products
Uttar Pradesh
$200K
Seed
Tejas Paresh Lodaya
GreyLabs
High Tech > Natural Language Processing
Maharashtra
$9.6M
Series A
Elevation Capital
Raise
FinTech > Investment Tech
Maharashtra
$120M
Series B
Beenext
JSW One MSME
Enterprise Applications > Manufacturing Tech
Maharashtra
$26.5M
Series B
Oneup Financial Consultants
ThrustWorks Dynetics
Aerospace, Maritime & Defense Tech > Space Tech
Maharashtra
$789K
Seed
Jamwant Ventures
Indian Startup Funding – October 2025 [28 September – 5 October]
Company
Sector
Headquarters
Amount
Funding Round Type
Lead Investors
Art Of Time
Consumer Goods > Retailers
Maharashtra
Undisclosed
Series B
Plutus Wealth Management
Sammaan Capital
Financial Services > Consumer and SME Loans
Delhi
$1B
Post IPO
IHC / Marshall Wace
Freight Tiger
Consumer > Logistics Tech
Maharashtra
$13.5M
Series C
Tata Motors / Lightspeed India
Recyclaro.com
Environment Tech > Solid Waste Management Tech
Uttar Pradesh
$1M
Seed
CapitalOven
GrowXCD
Financial Services > Consumer and SME Loans
Tamil Nadu
$22.5M
Series B
Blue Earth Capital / Lok Capital
Assesslim
High Tech > AI Infrastructure
West Bengal
$5M
Seed
Foxhog Ventures / IDEAS TIH
UNMANND
Aerospace, Maritime and Defense Tech > Military Tech
Eternal Capital, along with D2C founders Ghazal Alagh (founder, Mamaearth) and Dhruv Koli (founder, Boba Bhai), with participation from Nobody Ventures and Eagle Wings Ventures
Indian Startup Funding – January 2025 [20 – 25 Jan]
In a thought-provoking LinkedIn post that’s making waves across India’s corporate circles, Anupam Mittal, Founder and CEO of People Group and Shark Tank India investor, has questioned the country’s fixation with the so-called “standard” 30-35% salary hike during job switches.
The 35% hike ritual under scrutiny
Mittal began his post with a candid question: “What’s with this 35% hike obsession?” He pointed out how professionals in India often expect this number automatically when switching jobs.
“Every time someone switches jobs in India, there’s this magic number – a 30-35% hike! No logic. No context. Just ritual,” he wrote.
He added humorously, “When asked why, the response is that it is ‘standard’. WTF? Who set this standard? I sure didn’t get the memo 😅”
“A lot of motion, no progress”
While Mittal acknowledged that professionals should always earn their worth, he warned that blindly chasing a percentage hike every year could be counter-productive.
“Chasing a percentage hike every year is like running on a treadmill – a lot of motion, no progress,” he wrote, highlighting how frequent job switches for marginal pay increases often prevent people from gaining meaningful experience or specialisation.
According to him, professionals who switch roles every 12 months for a salary bump end up with “no depth, no edge, and no real compounding.”
The number that actually matters
Mittal suggested a different metric for career growth, one that focuses on skill and thinking rather than money.
“If there’s one number worth chasing, it’s not a 35% raise. It’s a 35% growth in your judgement – in critical thinking, first-principles thinking & creative problem-solving,” he advised.
He further noted that with the rapid rise of artificial intelligence, professionals must focus on developing uniquely human capabilities. “Because everything else? It’ll be automated by AI,” he cautioned.
Outcomes over outputs
Mittal concluded his post with a reminder that in uncertain markets, it’s not the highest-paid employees who survive, but those who can truly deliver impact.
“When the market turns (and it always does), it won’t be the highest-paid who survives. It’ll be the ones who can produce, not output, but outcomes 💪🏽,” he wrote.
Why it resonates
Mittal’s post has struck a chord with thousands of professionals and leaders who echoed his thoughts in the comments. Many agreed that the obsession with arbitrary salary hikes has led to short-term thinking, inflated expectations, and declining depth in expertise.
At a time when India’s job market is evolving rapidly, his message serves as a reminder to value long-term growth, judgement, and adaptability over chasing standardised pay bumps.
Following allegations that millions of email credentials had been compromised, Google has refuted accusations of a significant security breach at Gmail. The business stressed that the accusations were not based on a fresh attack against Gmail but rather on a misinterpretation of previously stolen material that was making the rounds online.
“Reports of a ‘Gmail security breach impacting millions of users’ are false,” Google’s official X account, News, said on October 28. Because of Gmail’s robust defences, users are always safe. According to the post, the false claims were caused by “a misunderstanding of infostealer databases,” which commonly aggregate information from different online credential theft events. Google claims that these collections don’t point to a new attack on Gmail or any other particular platform.
Troy Hunt First Person to Report Breach in Gmail
Troy Hunt, an Australian cybersecurity expert and the creator of the breach notification platform “Have I Been Pwned”, disclosed that a huge 3.5-terabyte database comprising over 183 million email credentials had leaked online, sparking the uproar. According to Hunt, the data may include Gmail accounts, among other providers, and is purportedly made up of information from multiple previous thefts.
The New York Times brought the leak to the attention of the world by mentioning Hunt’s recommendation that visitors visit HaveIBeenPwned.com to see if their personal information has been exposed. The website allows users to enter their email addresses to check if they are listed in any known breaches and to obtain details about the time and location of the data exposure.
Google Asks Users to Strengthen their Accounts
Google reaffirmed its recommendation for customers to improve account security, even though it insists that Gmail has not been compromised. The internet giant advised everyone to reset credentials if they were found in public data sets, use passkeys as a safer substitute for passwords, and enable two-step verification. Additionally, Google stated that its security algorithms instantly identify and eliminate risks brought on by massive credential dumps, guaranteeing that impacted accounts are quickly resecured.
Google and ChatGPT Locking Horns
Alphabet’s market value plummeted by $150 billion on 21 October as a result of OpenAI’s release of ChatGPT Atlas, an AI-powered web browser. This was one of the biggest one-day market reactions to a tech product launch this year. A mysterious six-second movie showcasing browser tabs was uploaded to X to make the announcement.
CEO Sam Altman then said during a livestream that the browser is “a rare once-a-decade opportunity to rethink what a browser can be about.” Within hours following OpenAI’s statement, Alphabet shares dropped as much as 4.8% to $246.15, but they recovered considerably to settle down 2.4% at $250.46.
Quick Shots
•Google refuted claims of a major Gmail data breach
involving millions of leaked passwords.
•Company clarified the reports were based on old,
previously stolen data, not a new hack.
•Official statement on X (formerly Twitter):
“Reports of a Gmail security breach are false.”
•Troy Hunt, creator of Have I Been Pwned, first
flagged a 3.5 TB leaked database with 183 million email credentials.
Full-stack enterprise Voice AI platform Smallest.ai has announced the closure of an $8 million seed funding round led by Sierra Ventures, with participation from 3one4 Capital and Better Capital.
The fresh capital will fuel global expansion across North America and India, accelerate product innovation, and strengthen enterprise adoption in regulated sectors including banking, financial services, retail, healthcare, and IT. The company also announced the appointment of Apoorv Sood as Global Head of Go-To-Market (GTM) to spearhead enterprise growth and partnerships worldwide.
Founded by Sudarshan Kamath and Akshat Aandloi, Smallest.ai enables both on-premise and hybrid deployments, ensuring data privacy, compliance, and reliability, vital for industries such as BFSI. Its enterprise-grade architecture is built for massive scalability, observability, and failover reliability, ensuring consistent uptime and performance across millions of customer interactions.
At the heart of Smallest.ai lies its proprietary full-stack Voice AI, combining speech recognition, natural language understanding, and speech synthesis to power real-time, human-grade conversations. Its Lightning engine achieves 100 ms latency, while the Electron model delivers 10x faster responses than global benchmarks, maintaining enterprise-grade accuracy and security.
The platform currently powers thousands of monthly call minutes for leading enterprises such as Paytm, MakeMyTrip, ServiceNow, and Dalmia Cement, with multilingual support expanding soon to include Hindi, Spanish, and additional Indian languages.
“We’ve built Smallest.ai for scale, reliability, and trust—especially for regulated industries,” said Sudarshan Kamath, Founder and CEO, Smallest.ai. “This capital gives us the push to take that vision global with the same enterprise discipline we started with.”
“We invested in Smallest.ai because we believe they’re solving one of enterprise AI’s toughest problems: real-time, human-grade voice interactions at scale,” said Ashish Kakran, Partner, Sierra Ventures. “Built with roots in India and a clear focus on both the US and Indian markets, the team is demonstrating how world-class innovation can come out of India and serve global customers. We’re excited to support this next chapter — enabling voice to become a first-class interface in enterprise engagement across continents.”
“Voice is becoming the new interface for enterprise engagement. Our focus is on scaling this globally while building meaningful impact for teams, customers, and partners. It’s about using AI to make communication faster, smarter, and more human,” said Apoorv Sood, Global Head of Go-To-Market, Smallest.ai.
The company is projecting 300% growth in the US and 150% year-on-year growth in India over the next year, fuelled by rising enterprise demand for scalable, natural Voice AI solutions.
According to market projections, the global Voice AI Agents market is expected to grow from $2.4 billion in 2024 to $47.5 billion by 2034 (≈35% CAGR), reflecting the rapid adoption of AI-powered voice automation across industries.
Enterprises worldwide spend hundreds of billions annually on human-led customer engagement. Smallest.ai’s platform delivers up to 80% cost reduction, 10x improvement in agent productivity, 24×7 availability, and over $10 million in annual savings for large organisations.
