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  • List of Top MNC Companies in India

    India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country’s economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set up shop. In recent years, the Indian economy has seen significant growth, and several multinational corporations have contributed to this growth through their success in various sectors. Indian MNC companies are expanding rapidly across global markets, showcasing the strength and innovation of India’s corporate sector.

    In this article, we will take a closer look at the top 26 successful multinational companies in India that have made their mark in the Indian market.

    Top Multinational Companies In India

    S.No Company Industry Headquarters Founded Year
    1 Tata Group Conglomerate Mumbai 1868
    2 Aditya Birla Group Conglomerate Mumbai 1857
    3 Infosys Information Technology Bengaluru 1981
    4 HCL Technologies Information Technology Noida 1976
    5 Wipro Information Technology Bengaluru 1945
    6 Google India Technology Bengaluru 2004 (India)
    7 Amazon India Retail/ECommerce Bengaluru 2013 (India)
    8 Apple India Technology Bengaluru 2011 (India)
    9 Microsoft India Technology Hyderabad 1990 (India)
    10 Nestle India Food and Beverage Mumbai 1959
    11 IBM IT and Consumer Behavior Mumbai 1992 (India)
    12 Coca-Cola Beverage Delhi 1993 (India)
    13 Hindustan Unilever FMCG Mumbai 1933
    14 Toyota Automobile Bengaluru 1997 (India)
    15 LG Consumer Electronics Delhi 1997 (India)
    16 Citi Bank Financial Services Mumbai 1902 (India)
    17 HP Information Technology Bengaluru 1989 (India)
    18 Sony Consumer Electronics Delhi 1994 (India)
    19 Samsung Consumer Electronics Delhi 1995 (India)
    20 DHL Logistics Mumbai 1979 (India)
    21 Adidas India Sportswear Gurugram 1996 (India)
    22 Mercedes Benz India Automobile Pune 1994 (India)
    23 Panasonic Consumer and Industrial Electronics Gurugram 1972 (India)
    24 Procter and Gamble FMCG Mumbai 1964 (India)
    25 PepsiCo Consumer Staples Gurugram 1989 (India)
    26 Cognizant Information Technology Chennai 1996

    Tata Group

    Company Name Tata Group
    Founder Jamsetji Tata
    Founded 1868
    Revenue $165 billion (2024)
    Number of Employees 10,28,000 (FY 2023)

    When it comes to multinational companies in India, the Tata Group is a name that needs no introduction. Founded in 1868 by Jamsetji Tata, the company has been a symbol of trust and reliability in the Indian market for over a century.

    With a presence in 100+ countries across six continents, the Tata Group has established itself as a global player in various sectors, including steel, automotive, hospitality, and more. Their headquarters is in Mumbai, and the group employs over 9,00,000 people worldwide, making it one of the largest employers in India. It is one of the top 10 MNCs in India.


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    Aditya Birla Group

    Company Name Aditya Birla Group
    Founder Seth Shiv Narayan Birla
    Founded 1857
    Revenue $65 billion (2024)
    Number of Employees 187,000 (2024)

    Aditya Birla Group is a global conglomerate that operates in 36 countries in North and South America and Africa. Seth Shiv Narayan Birla founded this company in 1857. Over 140,000 employees are a part of this ever-growing company. The company is headquartered in Mumbai. It is one of the top 5 MNC companies in India.

    We all famously know Aditya Birla Group for its subsidiary company UltraTech Cement Limited, which is the largest manufacturer of cement in India.


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    Infosys

    Company Name Infosys
    Founder N.R Narayan Murthy, Nandan M. Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, Ashok Arora
    Founded 1981
    Revenue $18.6 billion (2024)
    Number of Employees 3,17,240 (2024)

    Infosys Limited is an Indian multinational information technology company that provides a wide variety of services like business consulting, innovative IT solutions and outsourcing services. It is the 2nd largest IT company, which was founded in 1981. It operates in 50+ countries and has 3 lakh employees working for them. It is one of the top 10 MNC companies in India.


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    HCL Technologies

    Company Name HCL Technologies
    Founder Shiv Nadar, Arjun Malhotra
    Founded 1991
    Revenue $13.4 billion (2024)
    Number of Employees 2,27,481 (2024)

    India has seen the rise of several successful multinational companies over the years, and HCL Technologies is undoubtedly one of them. Founded in 1991 by Shiv Nadar and Arjun Malhotra, HCL Technologies (Hindustan Computers Limited) is an Indian multinational company that has made its mark in the global market. The company focuses on IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms (P&P). HCL Technologies is top 5 MNC companies in India.


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    Wipro

    Company Name Wipro
    Founder M.H. Hasham Premji
    Founded 1945
    Revenue INR 898 billion (2024)
    Number of Employees 2,56,000 (2024)

    Wipro is an Indian multinational company that is globally known for its IT services. The company provides an array of services like robotics, cloud, cognitive computing, hyper-automation, and analytics. Wipro also focuses on consulting and outsourcing. The headquarters of Wipro is in Bengaluru. It is one of the top 10 MNC companies in India.


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    Google India

    Company Name Google India
    Founder Larry Page, Sergey Brin
    Founded 1998
    Revenue $237.8 billion (2023)
    Number of Employees 1,82.381 (2023)

    Google needs no introduction. Google India Pvt Ltd is a subsidiary of Google Inc., which was founded in 2003. More than 1 lakh employees are working for this company.

    Google, one of the prominent MNC companies in India, has established its presence with offices in Hyderabad, Bangalore, Gurgaon, and Mumbai. It is one of the top 10 multinational companies in India.

    Amazon India

    Company Name Amazon India
    Founder Jeff Bezos
    Founded 1994
    Revenue INR 22,198 crore (2023)
    Number of Employees 1,25,000 (2023)

    Another company where a lot of people want to work is Amazon India Pvt Ltd. The aim of this company is to make the experience of buying online smoother and faster.

    The company is thinking from the perspective of the Indian audience and solving unique problems like providing opportunities for small retailers to sell online, regional discovery, fast delivery in small towns, reliable payment options and much more. Apart from e-commerce, the company also focuses on digital streaming, cloud computing, machine learning and AI. It is one of the top 20 MNC companies in India.


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    Apple India

    Company Name Apple India
    Founder Steve Jobs, Steve Wozniak, Ronald Wayne
    Founded 1976
    Revenue $8 billion (2024)
    Number of Employees 5,00,000 (2024)

    The influence of multinational companies in India can be seen in various sectors, including technology. One such company that has made a mark in the Indian market is Apple India, a subsidiary of the global tech giant Apple Inc. Incorporated in 1996, Apple India has been a prominent player in the Indian smartphone and computer market. It is one of the top 10 multinational companies in India.


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    Microsoft India

    Company Name Microsoft India
    Founder Bill Gates, Paul Allen
    Founded 1975
    Revenue INR 19, 354 crore (2023)
    Number of Employees 20,000 (2023)

    Microsoft India Pvt Ltd is a subsidiary subsidiary of Microsoft Corporation that was incorporated in 1990. The head office of the company is in Hyderabad. Microsoft India has ten offices in different cities of India: Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida, Gurgaon and Pune.


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    Nestle India

    Company Name Nestle India
    Founder Henri Nestle
    Founded 1866
    Revenue INR 245 billion (2024)
    Number of Employees 8912 (2024)

    Nestlé India Limited is a subsidiary of the Swiss multinational company Nestlé. It is the world’s largest food and beverage company.

    Nestlé India Limited, a prominent MNC company in India, is actively engaged in the production and marketing of various food and beverage products. Some of the popular brands offered by Nestlé in India include Maggi, Nescafé, KitKat, Munch, Milkybar, Nestlé Milk, and more. It is one of the top 20 MNC companies in India.


    Nestle’s Marketing Strategies: Building Trust, Boosting Sales
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    IBM

    Company Name IBM
    Founder Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint
    Founded 1911
    Revenue INR 28,052.8 crore (2023)
    Number of Employees 130,000 (2024)

    IBM, short for International Business Machines Corporation, is a globally renowned multinational technology company. Established on June 16, 1911, IBM has a rich history of innovation and leadership in the technology industry. Over the years, it has evolved into a prominent provider of advanced information technology, software, hardware, and consulting services worldwide.


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    Coca-Cola

    Company Name Coca Cola
    Founder Asa Griggs Candler
    Founded 1892
    Revenue INR 127 billion (2023)
    Number of Employees 25000 (2024)

    Coca-Cola is one of the world’s largest beverage companies, and it operates in various countries, including India. The company has a long history in India and has been a prominent player in the Indian non-alcoholic beverage market.

    Coca-Cola India offers a diverse portfolio of products, including its iconic carbonated soft drinks such as Coca-Cola, Diet Coke, Fanta, Sprite, and Thums Up, along with a range of non-carbonated beverages like Minute Maid juices, Maaza, and Kinley packaged drinking water.


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    Hindustan Unilever

    Company Name Hindustan Unilever
    Founder Hindustan Vanaspati Mfg. Co. Ltd., United Traders Ltd., Lever Brothers
    Founded 1933
    Revenue INR 618.9 billion (2024)
    Number of Employees 27,764 (2024)

    Established in 1931, Hindustan Unilever (HUL) boasts a rich legacy of over 90 years and has evolved into one of the premier FMCG brands, “U-Work” gigs, and globally. With a diversified portfolio encompassing personal care products, food, beverages, and various consumer goods, HUL has firmly established itself as a market leader in India and beyond. It is one of the top 20 MNC companies in India.

    Toyota

    Company Name Toyota
    Founder Kiichiro Toyoda
    Founded 1894
    Revenue $274.942 billion (2023)
    Number of Employees 3,75,235 (2023)

    As a prominent and globally recognized automotive company, Toyota stands out as a leading force in the international car market. Marking its entry into the Indian market in 1997, Toyota has since made significant strides, introducing a range of successful cars that have propelled it to a dominant position with a substantial market share.


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    LG

    Company Name LG
    Founder Koo In-Hwoi
    Founded 1969
    Revenue US $62.32 billion (2023)
    Number of Employees 74,000 (2023)

    LG, a renowned MNC company of consumer electronics and appliances manufacturer based in South Korea, has been an integral part of households worldwide. Since its foray into the Indian market in 1997, LG has consistently delivered a diverse range of reliable products, including washing machines, refrigerators, televisions, smartphones, and keypad mobiles.


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    Citi Bank

    Company Name Citibank
    Founder Samuel Osgood
    Founded 1812
    Revenue US $78.5 billion (2023)
    Number of Employees 2,00,000 (2023)

    Citibank, a prominent multinational financial institution, has solidified its position as a top player in the Indian banking sector. Established in 1812, the bank brings a rich history and a global reputation for excellence to its operations in India. Offering a total suite of financial services, Citibank caters to diverse needs, including savings accounts, loans, deposits, mortgages, investment funds, credit and debit cards, insurance, electronic banking, capital markets, advisory services, and private banking.

    HP

    Company Name Hewlett-Packard (HP)
    Founder Bill Hewlett and Dave Packard
    Founded 1939
    Revenue US $53.7 billion (2023)
    Number of Employees 58,000 (2023)

    Established in 1939 by the visionary duo Hewlett and David Packard, Hewlett-Packard India Sales Pvt Ltd has emerged as a stalwart in the Information Technology sector. The company’s global headquarters is situated in Palo Alto, California, marking its status as an American multinational IT MNC. Renowned for its expansive portfolio, Hewlett-Packard has been a trailblazer in developing and delivering an extensive range of hardware components and software-related services. It is one of the top 20 MNC companies in India.


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    HP’s marketing strategies exemplify a harmonious blend of innovation, customer-centricity, and brand prominence.


    Sony

    Company Name Sony Corporation
    Founder Akio Morita, Masaru Ibuka
    Founded 1946
    Revenue US $88.935 billion (2023)
    Number of Employees 1,13,000 (2024)

    A subsidiary of the globally acclaimed Sony Corporation, Sony India stands as one of the premier MNC company in India. Originating from Japan, Sony Corporation was established in 1946, and its Indian venture commenced in 1994, introducing an extensive array of electronics such as mobile phones, televisions, cameras, PlayStations, and more.

    Samsung

    Company Name Samsung
    Founder Lee Byung-chul
    Founded 1938
    Revenue $200.26 billion (2023)
    Number of Employees 2,70,372 (2023)
    Samsung - Top Multinational Company in India
    Samsung – Top Multinational Company in India

    Samsung is a renowned multinational corporation that has firmly established itself as a key player in the Indian market. Originating from South Korea, Samsung has been on a journey of technological innovation and consumer electronics excellence since it entered India. Over the years, it has become synonymous with cutting-edge products, including smartphones, televisions, home appliances, and more.

    DHL

    Company Name DHL
    Founder Adrian Dalsey, Larry Hillblom, Robert Lynn
    Founded 1969
    Revenue US $100 billion (2022)
    Number of Employees 5,86,404 (2023)
    DHL - Top Multinational Company in India
    DHL – Top Multinational Company in India

    DHL is a well-known international courier and logistics MNC company that has established itself as a successful player in the Indian market. As a crucial link in the global supply chain, DHL plays a vital role in facilitating international trade and commerce. Their presence in India offers customers a comprehensive range of logistics services, such as express parcel delivery, freight transportation, and supply chain solutions.

    Adidas India

    Company Name Adidas India
    Founder Adolf Dassler
    Founded 1949
    Revenue $23.80 billion
    Number of Employees 59,030
    Adidas - Top Multinational Company in India
    Adidas – Top Multinational Company in India

    This multinational conglomerate traces its roots back to the trails of World War I. Led by Adolf Dassler and his sibling Rudi Dassler, the Dassler family began manufacturing shoes in their mother’s house. Adidas had its shining moment and gained international attention when American track-and-field star Jesse Owens wore it in the 1936 Berlin Olympics.

    Mercedes Benz India

    Company Name Mercedes Benz
    Founder Daimler-Motoren-Gesellschaft and Carl Benz
    Founded 1926
    Revenue $101 billion (2024)
    Number of Employees 166,000

    Mercedes Benz - Top Multinational Company in India
    Mercedes Benz – Top Multinational Company in India

    Mercedes-Benz is a globally renowned luxury automobile brand, headquartered in Stuttgart, Germany. Founded in 1926, it originated from Daimler-Benz, which combined two pioneers in automotive history—Karl Benz, who built the world’s first car, and Gottlieb Daimler. The company is now part of Mercedes-Benz Group AG.

    Panasonic

    Company Name Panasonic
    Founder Konosuke Matsushita
    Founded 1918
    Revenue $54 Billion (2024)
    Number of Employees 228,420

    Panasonic - Top Multinational Company in India
    Panasonic – Top Multinational Company in India

    Panasonic, formerly known as Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. The corporation ran factories in Japan and other Asian countries during World War II that produced electrical products and parts, including light fixtures, motors, electric irons, wireless equipment, and the first vacuum tubes.

    Procter and Gamble

    Company Name Procter and Gamble (P&G)
    Founder William Procter & James Gamble
    Founded 1837
    Revenue $40.5 Billion (2024)
    Number of Employees 88,000

    P&G - Top Multinational Company in India
    P&G – Top Multinational Company in India

    Procter & Gamble (P&G) is a leading American multinational consumer goods company, headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, the company is known for its wide range of household, health, and personal care products. P&G operates in over 180 countries and is recognized for its portfolio of trusted, globally popular brands.

    The company boasts more than 65 brands, many of which are market leaders in their respective industries.

    PepsiCo

    Company Name PepsiCo
    Founder Caleb Bradham
    Founded 1965
    Revenue $3.08 Billion (2024)
    Number of Employees 318,000

    PepsiCo - Top Multinational Company in India
    PepsiCo – Top Multinational Company in India

    PepsiCo is a global leader in the food and beverage industry, headquartered in Purchase, New York. Founded in 1965 through the merger of Pepsi-Cola and Frito-Lay, it has grown into a powerhouse with a diverse portfolio of snacks, beverages, and nutrition products.

    PepsiCo operates in over 200 countries through six key divisions: Frito-Lay North America, PepsiCo Beverages North America, Quaker Foods North America, Latin America, Europe, and Asia, Middle East & Africa.


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    Cognizant

    Company Name Cognizant
    Founder Kumar Mahadeva, Francisco D’Souza, and Srini Raju
    Founded 1994
    Revenue $19.3- $19.5 billion (Expected in 2024)
    Number of Employees 336,300

    Cognizant - Top Multinational Company in India
    Cognizant – Top Multinational Company in India

    Cognizant is a leading global technology services and consulting company, headquartered in Teaneck, New Jersey. Founded in 1994 as an IT development and maintenance arm of Dun & Bradstreet, it has since grown into a multinational provider of digital, technology, and consulting services.

    Conclusion

    In conclusion, the presence of multinational companies in India has been a significant contributor to the country’s economic growth. The Indian market offers vast potential for international businesses, and several companies have leveraged this opportunity to establish themselves as global players. Indian MNCs are playing a crucial role in shaping the global business landscape with their growing international presence.

    In this article, we have looked at the top 26 successful MNC in India that have made their mark in various sectors, including technology, hospitality, and more. These companies have not only brought in foreign investment but have also created job opportunities for millions of people across the country. With the Indian economy poised for further growth, it will be interesting to see how these companies evolve and contribute to India’s development in the years to come.

    FAQs

    What are MNCs?

    MNCs, or Multinational Companies, are enterprises that operate in multiple countries, including India.

    Which is the top MNC in India?

    Tata, Wipro, Nestle India, Aditya Birla, and Infosys are some of the top MNC in India.

    How are the top MNCs in India determined?

    The ranking of top MNCs in India is usually based on various factors, including revenue, market share, brand reputation, growth rate, and social impact.

    How many MNCs are there in India?

    There are over 290,000 MNCs in India.

    How do MNCs contribute to the Indian economy?

    MNCs play a crucial role in the Indian economy by bringing in foreign direct investment, creating job opportunities, introducing new technologies, enhancing skill development, and contributing to the country’s export and tax revenues.

    Are there any challenges that MNCs face while operating in India?

    MNCs in India may encounter challenges such as regulatory complexities, cultural differences, competition from local players, and managing diverse markets across different states and regions. However, successful companies adapt and navigate these challenges to thrive in the Indian market.

  • BillDesk – Indian Online Payment Gateway Company

    The payment gateway allows the merchants to process credit, debit, and other alternative online payments. Using a payment gateway can help to lessen the frequency and severity of credit card fraud within e-commerce or any other kind of business. This gateway for payments acts as the go-between to make sure that customer data is encrypted and secure.

    BillDesk is an Indian online payment gateway company based in Mumbai, Maharashtra, India. The company provides payment solutions for customers in e-commerce, financial services, retail, and other sectors. BillDesk is one of the oldest payment gateways in India and is responsible for powering 50%–60% of the online bill payments in the country as of August 2021.

    Know the BillDesk Success Story, Founders, Business Model, Funding, Revenue, and more here with StartupTalky.

    BillDesk – Company Highlights

    STARTUP NAME BILLDESK
    Headquarters Mumbai, Maharashtra, India
    Sector Finance
    Founders M.N. Srinivasu, Ajay Kaushal and Karthik Ganapathy
    Founded 2000
    Website billdesk.com

    BillDesk – About
    BillDesk – Industry
    BillDesk – Founders and Team
    BillDesk – Startup Story
    BillDesk – Mission and Vision
    BillDesk – Name and Logo
    BillDesk – Business Model
    BillDesk – Revenue Model
    BillDesk – Challenges Faced
    BillDesk – Funding and Investors
    BillDesk – Shareholding
    BillDesk – Growth
    BillDesk – Financials
    BillDesk – Awards
    BillDesk – Competitors
    BillDesk – Future Plans

    BillDesk – About

    Founded in 2000 by a team of ex-Arthur Andersen professionals, BillDesk, an Indian online payment gateway company, continues to be at the forefront of digital payments’ evolution in India, creating Internet-based payment products that enable consumers to make payments online in a frictionless manner.

    BillDesk, a product and service with about 20 years of market leadership, provides a reliable payment platform for enterprise-wide electronic payments and collections, related reconciliation and settlement operations, across multiple delivery channels, and using a wide range of payment methods.

    BillDesk – Industry

    The India Payment Gateway Market is anticipated to expand at a compound annual growth rate (CAGR) of 17.16% from USD 1.21 billion in 2024 to USD 2.66 billion by 2029, according to Mordor Intelligence. Factors like rising internet penetration and growing e-commerce in India are driving this growth.

    BillDesk – Founders and Team

    BillDesk was founded in 2000 by M.N. Srinivasu (Co-Founder and Director), Ajay Kaushal (Co-Founder and Director), and Karthik Ganapathy (C0-Founder).

    M.N. Srinivasu (Co-Founder and Director), Ajay Kaushal (Co-Founder and Director), and Karthik Ganapathy (Left to Right) are the Co-Founders of BillDesk
    M.N. Srinivasu (Co-Founder and Director), Ajay Kaushal (Co-Founder and Director), and Karthik Ganapathy (Left to Right) are the Co-Founders of BillDesk

    M.N. Srinivasu

    Srinivasu, the Co-Founder and Director of BillDesk, is a BCom Economics graduate who later completed a PGDM from IIM Ahmedabad. MN Srinivasu first started his professional career as the Manager of the Agri Business Group of ITC Limited. He then switched to ITC Zeneca Limited, where he served the role of Financial Controller, but it continued only for a year, after which he again switched to the Treasury (Financial Services) of ITC Limited, where he worked for a span of 4 years.

    He then went on to manage Business Consulting at Andersen. This continued for another year, after which he co-founded BillDesk.

    Ajay Kaushal

    Ajay Kaushal is a Co-Founder and Director of BillDesk. who started as the Head of Securities Research at SBI Capital Markets Limited. He then became the Manager at Arthur Andersen, after which Kaushal served as the Trustee at CAF India. He managed this job role for around 6 years before he decided to co-found BillDesk. Ajay Kaushal has a BTech in Electrical and Electronic Engineering, and he topped it off with a PGDBM, MBA from IIM Lucknow. 

    Karthik Ganapathy

    Karthik Ganapathy is the Co-Founder and VP of BillDesk. He is an IIT Bombay and IIM Bangalore alumnus who is regarded as the Chief Architect of the technology and operations that currently power BillDesk. Before founding BillDesk, Ganapathy worked with Arthur Andersen.

    The BillDesk team operates with an employee strength of somewhere between 501 and 1000 employees.

    BillDesk – Startup Story

    The story of BillDesk’s founding is a classic example of creative problem-solving and entrepreneurial vision. The trip began when three people who had previously worked for the prestigious American accounting firm Arthur Andersen decided to leave their secure positions in order to follow their entrepreneurial dreams.

    The daily inconvenience of consumers having to wait in line to pay for different bills—such as those for energy or phone services—was the source of their inspiration. The creators recognized a chance to completely change the payment environment by offering a more straightforward and simplified solution after realizing how painful this problem was.

    BillDesk – Mission and Vision

    The company’s mission on its websites states, “To make payments accessible and easy for all through market-leading solutions.”

    BillDesk’s vision is to create a one-stop destination to make all payments.

    “At BillDesk we are committed to this vision of implementing innovative solutions for simplifying payments and collections and translating the opportunities offered by the Internet into actual customer delight through efficient payment and collection services.”

    BillDesk Logo
    BillDesk Logo

    BillDesk parent company is “IndiaIdeas.com Ltd.”


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    BillDesk – Business Model

    BillDesk is a business-to-business (B2B) model that links banks with utilities and retailers to process payments without having to buy end users outright. Prepaid account sales (PINS and eTop up subscriptions) and transaction processing fees from electronic transactions on its network are the main sources of income.

    The business also receives payment for additional supplementary and consultancy services as well as loyalty reward point management. BillDesk provides a platform for online and mobile payments through aggregator platforms in India, catering to telecom, insurance, e-commerce, financial services, charitable organizations, and entertainment providers, among other industries.

    BillDesk – Revenue Model

    The revenue model of BillDesk includes the following sources:

    Fees for processing electronic transactions: BillDesk collects money by charging for the processing of electronic transactions conducted on its platform.

    Sales of PINS (Personal Identification Numbers): PINS are used for a variety of digital transactions, including online bill payment, prepaid cellphone recharge, and other services. BillDesk makes money from the selling of PINS.

    E-top subscriptions: In order to create recurring income, BillDesk provides consumers with access to premium features or expanded capability for electronic transactions through subscription-based services like e-top subscriptions.

    BillDesk – Challenges Faced

    BillDesk faced challenges in selling its business amid intense competition in the digital payments segment, where well-marketed startups like PayUmoney, Paytm, Citrus, and CC Avenue emerged. Utilizing its two-decade industry experience and devoted clients, BillDesk maintained its momentum and profitability despite challenges like the Reserve Bank of India’s reduction of commission rates.

    In the face of tighter laws and rising demand, the company realized it needed a fully integrated payment system. It adjusted to developments in the market while putting the needs of its customers first. In the future, BillDesk hopes to use its momentum and stability to overcome obstacles and spur further expansion.

    BillDesk – Funding and Investors

    BillDesk has raised a total of $241.4 million in funding over 4 rounds.

    Here are the funding details:

    Date Round Money Lead Investor
    Nov 16, 2018 Corporate Round $82.27 million Visa
    Mar 15, 2016 Secondary Market $150 million General Atlantic
    Apr 4, 2012 Private Equity Round TA Associates
    Jun 22, 2006 Venture Round $7.5 million Clearstone Venture Partners, State Bank of India

    BillDesk – Shareholding

    BillDesk’s shareholding pattern as of March 2023, sourced from Tracxn:

    BillDesk Shareholders Percentage
    M N Srinivasu 10.9%
    Ajay Kaushal 10.2%
    Karthik Ganapathy 8.5%
    General Atlantic 14.2%
    Temasek 8.5%
    Clearstone Venture Partners 6.4%
    March Capital 5.4%
    Irani Children’s Trust of 2006 0.3%
    Upton Investment 0.1%
    LionRock Capital < 0.1%
    SAF Capital < 0.1%
    ZAD Investment Company < 0.1%
    Elpis Investments < 0.1%
    FDI 13.1%
    Visa 12.6%
    Maverick Enterprises 1.7%
    Tsjpm 0.6%
    VT Partner LLC 0.3%
    Trojaninvestmentllc 0.2%
    Haqan < 0.1%
    Novel < 0.1%
    Angel 0.8%
    Other People 1.9%
    ESOP Pool 3.9%
    Total 100.0%
    BillDesk Shareholding
    BillDesk Shareholding

    BillDesk – Growth

    BillDesk’s growth highlights are:

    • It does 4 billion+ transactions per year as of March FY24
    • It has 150 million+ API calls per day as of March 2024
    • It is available in 20+ categories as of March 2024
    • The company has 70+ agents as of March 2024
    • It has 20,000+ billers as of March 2024
    • BillDesk has done Rs 10 trillion+ in payment volume in FY23

    BillDesk – Financials

    BillDesk has shown steady revenue growth over the years, with expenses also rising in parallel. While profitability has fluctuated, the company remains in a strong financial position.

    Particulars FY24 FY23
    Revenue INR 2,334 crore INR 2,678 crore
    Expenses INR 2,289 crore INR 2,562 crore
    Profit/Loss INR 121 crore INR 142 crore
    BillDesk Financials
    BillDesk Financials

    EBITDA

    BillDesk Financials FY24 FY23
    EBITDA Margin 9.24% 9.26%
    Expense/INR of Op Revenue INR 0.98 INR 0.96
    ROCE 5.77% 7.78%

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    BillDesk – Awards

    Reiterating its position as a leader in the digital payment sector, BillDesk was recognized in 2023 with the esteemed Pay Excellence Champions Awards for its exceptional performance as the Best Online Payment Platform. This honor highlights BillDesk’s dedication to innovation and quality in offering its customers easy-to-use online payment alternatives.

    BillDesk – Competitors

    BillDesk’s competitors include –


    The Business and Revenue model of Google Pay
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    Google to power in app and tap to pay purchases on mobile devices. Google pay
    enables its users to make payments with their android devices (phones, tablets
    or watches), the users in United States can also iOS devices but…


    BillDesk – Future Plans

    BillDesk’s future plans include focusing on expanding their product and service offerings, adhering to high security standards, and potentially incorporating blockchain technologies to enhance transaction security. They aim to maintain their leadership position in the online payments space and continue to simplify payments for users. They are exploring the use of blockchain technologies to further enhance the security and transparency of transactions. 

    FAQs

    What is BillDesk payment, what does BillDesk mean?

    BillDesk, founded in 2000 is an Indian online payment gateway company based in Mumbai, Maharashtra, India.

    Is BillDesk an Indian company?

    Yes, BillDesk is an Indian online payment gateway company.

    How does BillDesk make money?

    Processing electronic transactions, such as charging fees to process payments online, brings in money for BillDesk. Its revenue sources are further enhanced by the sales of PINS (Personal Identification Numbers) and E-top subscriptions.

    How does BillDesk payment gateway work?

    BillDesk is a one-stop online payment provider that helps customers organize, pay and manage their regular and ongoing bills. Customers can receive, review and pay all the bills they receive from different providers in one place with BillDesk.

    Who is BillDesk CEO?

    BillDesk doesn’t have a CEO; now it has three Co-Founders.

    Who are BillDesk founders?

    M.N. Srinivasu, Ajay Kaushal, and Karthik Ganapathy are the founders or owners of BillDesk.

  • Dream Sports Bats Big: Dream11 Parent to Invest $50 Million in Cricbuzz & Willow TV to Boost Global Cricket Reach

    Dream Sports, the parent company of fantasy gaming giant Dream11, is making headlines once again. The company has announced its plan to invest $50 million in two well-known sports content platforms, Cricbuzz and Willow TV. Both platforms are owned by Times Internet.

    This move comes as Dream Sports continues to expand its presence in the global sports ecosystem. The investment signals a deeper push into sports content, going beyond fantasy gaming.

    A Strategic Move to Strengthen Global Sports Presence

    Cricbuzz is one of India’s top cricket news and live score platforms. It draws millions of fans, especially during tournaments like the IPL and ICC events. On the other hand, Willow TV is a leading broadcaster of cricket in North America. It holds rights to stream top cricket matches in the US and Canada.

    Dream Sports will acquire a minority stake through this $50 million investment. The company plans to work closely with Times Internet to build new offerings and expand the reach of both Cricbuzz and Willow TV. This partnership will focus on content innovation, digital products, and fan engagement.

    By investing in these platforms, Dream Sports wants to tap into two major markets, India and the United States. While Dream11 is already a household name in India, this move opens the door to global cricket fans, especially the large South Asian diaspora in North America.

    Dream Sports’ Ongoing Expansion Strategy

    Dream Sports has been actively expanding its portfolio in the sports tech and media space. The company already owns brands like FanCode (sports streaming and e-commerce), DreamSetGo (sports travel), and Dream Game Studios (game development). It has also invested in various sports startups and digital platforms over the years.

    This latest deal fits well with Dream Sports’ goal to become a full-stack sports company. The company aims to connect fans not just through fantasy games, but also through content, streaming, and live experiences.

    Cricbuzz and Willow TV, with their large user bases and strong brand recognition, are seen as ideal partners for this vision. The collaboration is expected to help all three companies grow faster and deliver more value to sports fans.

    Dream Sports is reportedly profitable and has over 200 million users across its products. With this fresh investment, it reinforces its commitment to long-term growth and content leadership in the sports sector.

    Conclusion

    The $50 million investment in Cricbuzz and Willow TV marks a big step for Dream Sports. It shows the company’s intent to build a broader sports ecosystem that combines fantasy, content, and streaming. By teaming up with Times Internet, Dream Sports is looking to deepen its global reach and offer richer digital experiences for fans.

    As sports consumption shifts more and more online, moves like this may shape the future of how fans interact with games, players, and platforms.


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  • The Solar Gold Rush: How to Start a Profitable Solar Power Business in India

    India is on the brink of a solar revolution, and this might just be the best time to enter this sunrise sector. As the world pivots toward cleaner energy and sustainable development, India is aggressively ramping up its solar energy capacity. The government aims to achieve 500 GW of non-fossil fuel capacity by 2030, with solar expected to be a major contributor. 

    With falling costs of solar panels, rising electricity prices, and government support, starting a solar power business in India is no longer just an eco-friendly move; it is a profitable one. In India, over 100 solar companies are currently operating, so you can start your own business in this field. If you’re planning to enter this booming sector, here’s your step-by-step guide to launching a successful solar business in India.

    What is a Solar Power Plant?
    Types of Solar Power Plants
    Why Solar Power is the Future of Business in India?
    Getting Started with Solar Panel Installation
    Step-by-Step Guide to Setting Up a Solar Power Plant in India
    Profitability & ROI
    Types of Solar Energy Companies
    Engineering Segments in Solar Energy
    How Much Does It Cost to Start a Solar Panel Business in India?

    What is a Solar Power Plant?

    A solar power plant is a high-tech system designed to capture sunlight and convert it into electricity. Using photovoltaic (PV) panels or solar thermal technology, these plants generate power on a massive scale. Giant solar farms supply energy to the grid, powering entire cities, while smaller setups provide electricity for local communities, businesses, or even individual homes.

    By tapping into the sun’s endless energy, solar power plants offer a sustainable, eco-friendly alternative to fossil fuels, helping to reduce carbon emissions and paving the way for a greener future.


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    Types of Solar Power Plants

    • Utility-Scale Solar Power Plants – Imagine vast fields of glistening solar panels, working together to generate massive amounts of clean energy for the grid. These solar farms power entire communities!  
    • Rooftop Solar Systems– Turn your home or business into a mini power plant! Compact, efficient, and perfect for slashing electricity bills while reducing your carbon footprint.  
    • Hybrid Solar Systems– The best of both worlds! Solar energy teams up with other renewables (like wind or battery storage) to deliver reliable, around-the-clock power.  

    Why Solar Power is the Future of Business in India?

    Global Solar Power Market Size
    Global Solar Power Market Size
    • Energy Demand Surge: India’s energy consumption is projected to nearly double by 2040, driven by economic growth and increased demand across sectors.
    •  Abundant Sunlight: India receives approximately 300 sunny days annually, making it highly suitable for solar energy generation. 
    •  Government Subsidies: The Ministry of New and Renewable Energy (MNRE) offers various subsidies and financial assistance programs to promote solar energy adoption.
    • High ROI: Solar projects in India have become increasingly cost-effective, with payback periods ranging from 4 to 7 years, depending on factors like location and system size. 
    • Net-Zero Targets: India has pledged to achieve net-zero carbon emissions by 2070, aligning with global efforts to combat climate change.

    Getting Started with Solar Panel Installation

    Installing solar panels isn’t just about putting a few panels on your roof; it is about smart planning, expert execution, and following top-notch safety standards. While the process might seem overwhelming at first, it becomes surprisingly straightforward with the right roadmap.

    From choosing the right solar components to making the final grid connection, every step matters. Each phase is key to maximizing your system’s efficiency, durability, and long-term performance. With a clear understanding of the process, you’re not just installing panels, you are investing in clean, reliable energy for years to come.

    Step-by-Step Guide to Setting Up a Solar Power Plant in India

    Step-by-Step Guide to Setting Up a Solar Power Plant in India
    Step-by-Step Guide to Setting Up a Solar Power Plant in India

    Are you thinking of launching your own solar power plant in India? Great choice! With rising electricity demand and strong government support, the solar sector is booming. But like any big project, it takes smart planning and the right steps. Here’s a simplified and engaging roadmap to get you started.

    Research & Planning: Lay the Groundwork

    Before stepping in, it’s all about research!

    Understand the Market

    • Study India’s rising demand for solar energy.
    • Explore government incentives, subsidies, and solar policies.
    • Check out existing players, what’s working for them?

    Pick the Right Location

    • Look for sun-rich regions (more sunshine simply means more power).
    • Ensure the land is close to substations for grid connectivity.
    • Land cost varies by state; on average, 1 acre = INR 5 lakh, and you will need 5 acres for 1 MW.

    Build Your Business Plan

    • Outline your investment, expected revenue, and risk factors.
    • Set clear goals and financial forecasts.
    • Do a SWOT analysis, what are your strengths, weaknesses, opportunities, and threats?

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    Register Your Business

    Make it official by registering your company and securing all necessary paperwork.

    You’ll need:

    • Certificate of Incorporation
    • MoA & AoA (company constitution docs)
    • GST Registration
    • PAN & TAN numbers

    Get Approvals & Licenses: Go by the Book

    For a large-scale solar plant, permissions are a must.

    Essential Approvals:

    • DISCOM Approval – for connecting to the power grid
    • Pollution Control Clearance – to comply with environmental norms
    • Land Use Permits – from local authorities
    • ISO Certification – optional, but adds credibility

    Estimating the Cost of Setting Up a Solar Power Plant in India

    Wondering how much it will cost to turn sunlight into profit? Setting up a solar power plant in India involves a few major expenses: land, equipment, labor, and grid connectivity. Here’s a simple breakdown to help you budget smartly:

    Key Cost Components

    Land Cost

    • INR 5 lakh per acre (approximate)
    • For a 1 MW plant, you’ll need around 5 acres, so that’s INR 25 lakh just for land.

    Solar Panels & Equipment

    • This is the core of your plant.
    • Expect to spend around INR 2.5 to INR 3 crore per MW on panels, inverters, mounting structures, and more.

    Grid Connection

    • Connecting your solar farm to the grid costs roughly INR 10–15 lakh per km, depending on the distance and voltage level.

         Installation & Labor

    • Professional installation and workforce costs add another INR 50–70 lakh per MW.

    Set Up Your Financial System

    Open a dedicated business bank account. This helps in managing finances smoothly, especially for funding, tax, and payment tracking.

    Documents Required:

    • Company registration certificate
    • PAN & GST documents
    • Identity and address proofs

     Build a Skilled Team: Power Your Operations

    Now this is the right time to hire professionals who know their solar stuff!

    • Engineers for system design & setup
    • Technicians for maintenance
    • Sales & Marketing Experts to grow your business

    Build a Powerful Online Presence

    In today’s digital world, your online presence is your storefront. A sleek, informative website combined with active social media profiles can do wonders for building trust and attracting customers.

    What to include:

    • Highlight your solar services and solutions
    • Showcase completed projects with photos and client testimonials
    • Educate your audience on the benefits of solar energy

    Craft a Sales & Marketing Strategy

    Reach the right audience with these strategies:

    Profitability & ROI

    A 5 MW solar plant can generate around 6,000 MWh annually, bringing in INR 1.5–1.75 crore annually.

    • Payback Period: 7–10 years (based on location & incentives)
    • Post-payback: Steady profits for 15+ years

    Types of Solar Energy Companies

    In the solar energy sector, you can launch three key types of businesses:

    • Manufacturing: Produce components and accessories like solar panels, inverters, and batteries.
    • Services: Offer installation, maintenance, and repair services to keep solar systems running smoothly.
    • Sales & Marketing: Drive demand, generate leads, and convert them into sales via digital marketing, SEO, or website development.

    Engineering Segments in Solar Energy

    Your solar energy business could focus on these engineering disciplines:

    • Electrical Engineering: Work with solar panels, inverters, cabling, and switchgear to ensure smooth energy flow.
    • Civil Engineering: Design and construct foundations and structures to support solar panel installations.
    • Mechanical Engineering: Specialising in designing mounting structures to hold the solar panels in place.

    How Much Does It Cost to Start a Solar Panel Business in India?

    Starting a solar panel business in India is a smart move, but like any venture, it needs an upfront investment. Your costs will depend on your business size, services, and location. Here’s a quick snapshot of the major expenses:

    Expense Category Estimated Cost (INR) What It Covers
    Business Registration INR 10,000 – INR 50,000 Setting up an LLP or Pvt Ltd company
    Licensing & Permits INR 50,000 – INR 1,00,000 GST, pollution clearance, local approvals
    Equipment & Machinery INR 5,00,000 – INR 20,00,000 Panels, inverters, batteries, and tools
    Infrastructure & Space INR 2,00,000 – INR 10,00,000 Office, warehouse, and on-site setup
    Marketing & Branding INR 50,000 – INR 5,00,000 Website, digital ads, branding materials
    Staff & Labour INR 1,00,000 – INR 5,00,000 Hiring technicians, engineers, and a sales team

    Conclusion

    Installing solar panels is not just about going green, it is about smart savings and energy independence. A solar installation loan makes it easier to finance your transition to clean energy.

    From setting up the mounting structure to wiring the inverter, each step in the process is designed to harness the sun’s power efficiently. Professional installation by certified experts ensures your system is safe, reliable, and built to last by reducing electricity bills, minimising your carbon footprint, and boosting your property value.


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    FAQs

    What is the solar panel trading business?

    A solar panel trading business involves buying and selling solar panels to consumers, installers, and businesses, capitalizing on the growing demand for renewable energy.

    “Solar business” encompasses companies working with solar energy, from manufacturing panels to installing systems and generating power.

    How to make money in solar business?

    Make money in the solar business by offering services like solar panel installation, consultancy, or developing innovative solar solutions.

  • When Science Met Gadgets: Techburner’s Collab with Mark Rober

    In a year filled with remarkable collaborations, one unlikely duo caught the internet’s imagination and captured hearts across continents: Techburner, India’s charismatic gadget reviewer and DIY tech content creator, and Mark Rober, the American science YouTube sensation best known for his intricate builds and contagious enthusiasm for engineering. Their collaboration was more than just a viral moment, it was a celebration of curiosity, creativity, and the blending of two very different yet deeply connected worlds: science and gadgets.

    This unexpected partnership began when Mark Rober visited India as part of his educational outreach and exploration of the global STEM community. While touring local institutions and events like the Waves Summit, where he headlined as a keynote speaker, Rober made time to connect with some of India’s top digital creators. It was inevitable that his journey would cross paths with Techburner, whose channel has grown into a vibrant space for accessible tech insights, product hacks, and digital experimentation.

    What followed was an exciting and refreshingly organic meeting of minds. In a studio buzzing with equipment, enthusiasm, and the smell of innovation, Shlok Srivastava (aka Techburner) welcomed Mark Rober into his creative playground. Though their styles are different—Techburner is known for his fast-paced, humorous delivery and deep familiarity with Indian consumer tech, while Rober is renowned for his slow-burn scientific setups and polished educational storytelling. Their shared passion for tinkering, building, and explaining made their chemistry undeniable.

    The goal for their collaboration wasn’t simply to shoot a video—it was to build something together. After tossing around several ideas that ranged from absurd (a robot that could serve tea with a Bollywood twist) to ambitious (an AI-powered cricket ball launcher), the two settled on a fun yet surprisingly complex challenge: building a tech gadget that merges Indian jugaad (creative problem-solving) with western-style engineering precision.

    Their project? A smart recycling bin that could sort different types of waste using simple sensors and mechanical logic—a nod to Rober’s environmental interests and Techburner’s focus on practical tech. But this wasn’t going to be an over-engineered, high-cost product. In keeping with their commitment to accessibility, they wanted to use affordable, easy-to-find components and make the project replicable for students and young creators across the globe.

    Their build process became a lesson in cultural exchange as well as engineering. Rober was fascinated by India’s rich history of improvised innovation, from self-assembled water purifiers to ingenious home appliances built out of scraps. Meanwhile, Techburner was thrilled to gain firsthand insight into the scientific methodology Rober used to refine designs and test variables. Together, they spent hours prototyping, debating code logic, and laughing at the occasional malfunction. One particularly memorable moment involved a test run that sent a plastic bottle flying straight into Rober’s lap.

    As they worked, cameras rolled—but the collaboration never felt staged. Their video wasn’t just about showing off a finished product. It captured the trial-and-error, the back-and-forth dialogue, and the delight of two creators figuring things out together. Viewers got to see a glimpse behind the curtain of content creation and understand how real innovation comes from patience, resilience, and open-mindedness.

    The final gadget wasn’t flawless, but it worked well enough to get the point across, and more importantly, it inspired. Thousands of comments flooded in from fans across both communities, praising the duo for making technology approachable, fun, and inspiring. Students shared how they had tried to recreate the bin in their classrooms, while teachers appreciated the educational value baked into every segment.

    What made this collaboration even more impactful was its perfect timing with a bigger initiative: the Jugaad Contest 2025, spearheaded by none other than Mark Rober himself.

    Jugaad Contest 2025: Where Creativity Meets Opportunity

    In his continued effort to make STEM fun and accessible, Mark Rober is bringing his global movement to India in a massive way. From April 30 to September 15, 2025, Rober is inviting inventors, students, and tinkerers aged 8 and above to participate in the Jugaad Contest 2025. The goal? Build something ingenious using everyday household items and post a video of your creation on Facebook, X, YouTube, or Instagram.

    Ten winners will receive INR 5 lakh each. But remember, just posting a video isn’t enough, you must go to markroberjugaad.com and submit the link to your public post including the hashtag #MarkRoberJugaad to officially enter.

    This contest perfectly embodies the spirit of the Techburner-Rober collaboration: creativity without constraints, science without borders, and innovation from the ground up.

    Mark Rober
    Mark Rober

    Mark Rober: The Mind Behind the Mission

    With over 68 million subscribers and a string of viral science experiments, from glitter bombs to squirrel mazes, Mark Rober has built a brand that makes STEM irresistible. Through his company, CrunchLabs, he delivers monthly buildable engineering kits and fun, science-packed videos designed to spark curiosity in kids and teens alike.

    His passion for outreach doesn’t stop at entertainment. He’s helped raise millions for charity, co-founded movements like #TeamTrees and #TeamSeas, and now, through the Jugaad Contest, he’s giving back to the Indian innovation ecosystem by spotlighting homegrown brilliance.

    In interviews that followed, both Rober and Srivastava expressed mutual admiration. Rober was particularly impressed by how India’s tech creators navigate constraints and still produce innovative content at scale. Techburner, in turn, praised Rober for his clarity of thought and dedication to breaking down scientific concepts into digestible, entertaining formats.

    Their collaboration stands as a reminder of what can happen when different disciplines and cultures come together with a shared purpose. It also shows how creators can use their platforms not just to entertain, but to teach, challenge, and inspire.

    In the ever-evolving digital landscape, where trends fade quickly and content can be fleeting, this partnership felt substantial. It wasn’t just a tech gimmick or a PR stunt. It was a meaningful exploration of how science and technology can intersect, how creators can learn from one another, and how the future of learning lies in collaborations that cross boundaries, both geographical and intellectual.


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  • Nissan to Slash 11,000 Jobs and Shut 7 Plants in Major Restructuring

    After a turbulent year that left the Japanese automaker struggling to turn itself around, Nissan Motor announced massive fresh cost cutbacks on 13 May, announcing the closure of seven sites and the elimination of 11,000 further positions.

    Nissan nearly lost its profit in the most recent fiscal year after delaying the release of projections for the one that was just beginning. In the 12 months ending in March, operating profit was 69.8 billion yen ($472 million), which was 88% less than the previous year.

    After declining sales in China and the United States, the automaker’s merger negotiations with Honda broke down, and it was recently compelled to replace its CEO.

     Similar to competitors, it is under pressure from U.S. tariffs and faces competition from rapidly expanding Chinese EV manufacturers in Southeast Asian and international markets.

    Difficult Time Ahead for New CEO

    Ivan Espinosa, the company’s new CEO, wants to save about 500 billion yen in overall expenses. However, he has the challenging task of reviving a carmaker whose once-dominant brand value has been diminished.

    The company’s full-year financial figures are a wake-up call, Espinosa said during a news event. The facts are crystal clear. Variable costs for the company are increasing. The brand’s existing revenue is insufficient to cover its fixed costs.

    With the further layoffs, Nissan would have reduced its staff to about 20,000 employees overall. The company had previously stated that it would eliminate 9,000 jobs.

    It will reduce part complexity by 70% and reduce the number of its production plants from 17 to 10. It did not specify which plants it anticipated closing.

    Analyst Predicted the Current Move

    According to analysts, Nissan is currently experiencing the consequences of its excessive emphasis on sales volume and the implementation of substantial discounts to maintain inventory turnover.

     It is currently rushing to upgrade its aged lineup as a result. However, a quick recovery is doubtful, as the carmaker reported an operational loss of 200 billion yen in the first quarter, according to CFO Jeremie Papin.

    Layoff has Become a Common Scenario in 2025

    With big companies like Google, Microsoft, and others continuing to reduce their workforces, layoffs in the tech sector are not expected to halt in 2025.

    Companies are still laying off employees in an effort to simplify operations, save money, and emphasise automation and artificial intelligence, even though these figures are much lower than the major layoffs that occurred between 2022 and 2023.

    Layoffs.fyi, a website that tracks layoffs in the industry, reports that 93 organisations have laid off nearly 23,500 tech workers so far this year, and the number is still growing. Google and Microsoft are apparently contemplating a new round of layoffs, according to the most recent job reduction reports.

    According to reports, AI-led restructuring and performance-based terminations are part of the corporations’ goals to increase the effectiveness of their personnel.

  • What Most MSMEs Miss: Legal and Tax Compliance in Business Invoicing

    This article has been contributed by Mr Cheruku Srikanth, Founder & CEO, Digital CFO.

    Invoices are legal evidence of business operations for India’s MSMEs; they are far beyond only invoices. A compliant invoice guarantees a clear distribution of goods and services, helps to prevent tax-related conflicts, and enhances audit accuracy. Many small and medium-sized companies, nevertheless, unintentionally lack proper invoicing, which leads either legal repercussions or the ,denial of tax deductions. Knowing the fundamentals of tax and legal compliance in invoicing is not only advantageous; it is also vital. 

    In India, an invoice is governed by the provisions laid out under the GST regime. A registered business, whether selling goods or providing services, is obligated to issue a proper tax invoice. This isn’t just to inform the buyer about the transaction, but also to maintain records that align with government expectations.

    Every valid invoice must contain specific core details. Included are the seller’s and buyer’s names and addresses, the seller’s GSTIN, a unique invoice number, the date of issue, a description of goods or services provided, their quantity or measure, taxable value, relevant GST rates, and total tax charged. If the transaction involves items, the site of supply becomes especially important in the case of interstate sales.

    For instance, if you are an MSME based in Pune sending items to Bengaluru, specifying “Karnataka” as the place of supply decides whether IGST applies instead of a mix of CGST and SGST. Mistakes in this aspect can result in misreporting and complications during GST return filings.

    Moreover, companies with a turnover above the stipulated thresholds (currently ₹5 crore and above) have to follow e-invoicing rules. This is uploading invoices to the Invoice Registration Portal; then the system produces an Invoice Reference Number (IRN) and a QR code. Under the law, failing to do so makes the invoice invalid.


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    GST Compliance: Avoiding Penalties and Maximizing Input Credit

    GST compliance starts with the generation of a correct invoice and continues throughout the whole supply chain. An erroneous invoice might lead to penalties under the GST Act or rejection of input tax credit claims. Every rupee counts for MSMEs, therefore, missing Input Tax Credit (ITC) from invoice errors would greatly raise operating expenses.

    Buyers can claim Input Tax Credit on their purchases with a GST-compliant invoice. If you are giving other registered companies goods or services, your invoices must be correct and on time, not only for your compliance but also for theirs. Wrong or late bills could harm your client’s GST return and your relationship. 

    Timely GST filings like GSTR-1 (for outward supplies) and GSTR-3B (summary returns) are also important. Invoices form the basis for these returns. Therefore, disorganised or missing invoices can lead to mismatches between reported data and actual transaction issues that the GST portal flags during reconciliation.

    Furthermore, the government has been strict about fake invoicing rules. Issuing an invoice without actual supply or issuing several invoices for the same transaction can invite not only monetary penalties, but also criminal prosecution under anti-evasion provisions. For MSMEs, using simple accounting software that guarantees invoice consistency and error-checking can be very helpful in avoiding such traps.


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    Digital Recordkeeping and Document Retention Rules

    Recordkeeping is a compliance requirement, not a choice anymore, as tax procedures in India are digitised. Every registered taxpayer must keep records of released invoices, credit notes, debit notes, and related financial documents for at least six years from the due date of filing the annual return for that year, according to the GST Act.

    Particularly in the case of scrutiny, audits, or evaluations, a long retention period is absolutely essential. For example, your company could incur compliance fines if an investigation is launched into a transaction from four years ago and the invoice is missing or incorrect.

    Moving from manual to digital invoicing systems not only makes operations more efficient but also lowers the possibility of human mistakes. MSMEs using basic accounting tools or enterprise resource planning (ERP) software can store invoices in a secure cloud environment, ensuring they are accessible whenever required.

    Invoice numbering is yet another sometimes-ignored detail. Each fiscal year, businesses have to maintain a chronological and distinctive invoice numbering system. Using the same invoice number twice or variations in numbering can, during inspections, create concern. Many MSMEs typically fall short in this basic field, which brings unwanted tax authority inquiries.


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    Compliance Challenges and Practical Advice for MSMEs

    Although the law appears clear-cut on paper, MSMEs frequently have reality difficulties following compliance standards. Limited personnel, no official training, and changing rules may all contribute to making invoicing seem more like a hassle than a tool. Non-compliance, though, can be expensive both in terms of reputation and money.

    One of the most often occurring problems is the delay in invoice generation and distribution due to incorrect tax computation. MSMEs should make sure the invoice matches the supply conditions negotiated with customers and that the tax computations correspond with the relevant GST rates. Conflicts or inconsistencies could cause payments to be delayed or a loss of trust.

    Another critical issue is dealing with reverse charge mechanisms. In certain transactions, the recipient of services or products must pay GST rather than the provider. One has to know when this rule applies to be able to act wisely. For instance, MSMEs have to consider the tax responsibility when buying from an unregistered supplier or availing legal services, even if they are not generating the invoice.

    Designating a staff member as a compliance officer (even in small teams), investing in basic GST-compliant invoicing software, and doing monthly internal audits to guarantee that all invoices are correctly issued and filed are practical measures for enhancing compliance. Working with a reliable accountant or tax consultant will also guarantee that your billing methods reflect current legislation and rules.

    Keeping compliant shows your professionalism clearly; it also keeps the taxman away. Many large clients today demand vendors who maintain full legal compliance. It can open new doors for partnerships, credit access, and even government incentives, which are often reserved for businesses with clean records.

    Final Thoughts

    For MSMEs in India, invoicing is more than just a back-office activity. From correct formatting to GST filings, your approach to invoices may greatly affect the development and stability of your company; it is a legal obligation, a tax compliance tool, and a financial safeguard. Although the regulations first seem severe, the proper attitude and tools make the procedure manageable. The most efficient approach to negotiate the difficult yet vital realm of business invoicing is to stay current, keep accurate records, and use compliant systems.

    Starting seriously now lays the groundwork for a more professional, scalable, and reliable MSME future.

  • Tax Planning for Retirement: These Smart Tax Moves Could Help Save You Lakhs

    This article has been contributed by Charu Pahuja, CFP CM, Group Director and COO, Wise Finserv.

    Retirement isn’t the end, it’s the start of a new, fulfilling chapter. After years of toil, it’s time to enjoy. But there’s one thing that can quietly sneak up on you: taxes. Unless you plan carefully, retirement income can be eroded by taxes, inflation, and unplanned financial structuring.

    For Indian retired people, the tax plan is not only a cost-saving measure, but it is also the secret to financial freedom. Let’s break this down simply with notable tips that can help you take maximum advantage of your golden years.

    Why Post-Retirement Tax Planning is Important?

    Taxes are not retired with you, as you may think. Transparent sources of income, such as pension, interest, rent, annuity, and capital gains, remain subject to taxation. Good tax planning helps in:

    • Take maximum benefit of tax-free income
    • Reduce tax burden
    • Ensure efficient withdrawals from various investment instruments
    • Preserve wealth for future generations

    Key Tax Planning Strategies for Retirees

    Max out Your Pension

    Your pension qualifies as salary income. Here’s how to get the best of it:

    • Commuted Pension (lump sum): Exempt from tax for government employees and partially exempt for non-government employees under Section 10 (10A).
    • Uncommuted Pension (monthly): Fully Taxable.

    Strategy: Choose a mixture of commuted and uncomfortable pension to save your total tax outgo over the long term.

    Take the Maximum Major Tax Deduction

    Yes, it also applies to retirement after tax deduction! What can you have here:

    • Section 80C: 1.5 lakh limit for investments like PPF, ELSS, Life Insurance, etc.
    • Section 80D: A limit of  INR 50,000 for Senior Citizen Health Insurance Premium.
    • Section 80 TTB: Interest up to INR 50,000 is free from income tax.
    • Section 24 (B): Cut on the interest of home loan up to  INR 2 lakhs (if applied).

    Strategy: Align your investment to take maximum advantage of these deductions.

    NPS: More Than Just a Retirement Tool

    If you’ve invested in the National Pension System (NPS), here’s how to optimise it:

    • Extra Tax Benefit: An additional Rs 50,000 deduction under Section 80CCD (1B).
    • Switch Flexibly: Tax-free switching between equity and debt allocations.
    • Systematic Withdrawals: Instead of withdrawing 60% tax-free at once, choose Systematic Lump Sum Withdrawals (SLW) to distribute your tax-free income over the years.

    Strategy: Keep your taxable income under the INR 12 lakh threshold to pay zero tax under the new regime.

    Opt for Tax-Friendly Investment Schemes

    Safe, steady, and smart choices for retirees:

    • Senior Citizens Savings Scheme (SCSS): Attractive interest rates along with 80C benefits.
    • Tax-Free Bonds: Government-guaranteed bonds provide tax-free interest
    • Listed Bonds: Taxable at 12.5% long-term capital gains (LTCG) after 1 year.

    Strategy: Allocate a portion of your money in these investments for stable, low-risk, semi-tax-free income.


    Top 7 Tax Saving Investments under Section 80C
    As we all know it’s tax season and we all look for ways to save tax. So, here we have rounded up Top Tax Saving investments under 80C.


    Time Your Withdrawals

    • EPF: Entire corpus is tax-free if withdrawn after 5 years of service.
    • PPF: Fully Tax-free on maturity.
    • NPS: 60% corpus is tax-free; 40% is added to annuity (taxable as pension).

    Strategy: Stretch large withdrawals over financial years to stay in a lower tax bracket.

    Maximize Senior Citizen Exemptions

    Income slabs are your benefit:

    • Senior Citizens (60–79 years): Exemption up to INR 3 lakh.
    • Super Seniors (80+ years): Exemption up to INR 5 lakh.

    Strategy: Split assets and income across family members to make the most of exemptions. Example: Rental income

    Old Regime vs New Regime: Make the Right Choice

    Choose the regime that suits your income level best.

    • Old Tax Regime: Best if you take advantage of many deductions like 80C, 80D, and home loan interest
    • New Tax Regime: Slicker and simpler. With a rebate, income up to INR 12 lakh can be exempt for seniors.

    Example:

    A retiree with an income of INR 12 lakh from bonds/FDs

    • Old Regime: Taxable income after deductions = INR 9 lakh. Tax ≈ INR 90,000.
    • New Regime: After INR 75,000 standard deduction, taxable income = INR 11.25 lakh. Tax = ZERO due to full rebate.

    Strategy: Compare both regimes and choose which saves more.

    Plan Capital Gains Wisely

    Capital gains can be a stealth tax sucker unless planned well.

    • LTCG on Equity: First INR 1.25 lakh is exempt. Time redemptions to keep under limits.
    • Debt Funds: Invest for more than 2 years for LTCG of 12.5%.
    • Harvest Losses: Sell loss-making assets to utilise as set-off against gains.

    Strategy: Spread sales of your assets over the years to avoid the exemption net.

    Plan Your Estate Effectively

    • Nominate wisely: Make sure your accounts and investments have clear nominees.
    • Employ joint ownership: Reduces legal hassles for beneficiaries.
    • Gift wisely: Gift tax-free to close family members.
    • Establish a family trust: Best for large estates.

    Strategy: A well-crafted estate plan spares your loved ones from tax surprises.

    Final Thoughts

    Retirement need not be about stressing over taxes. By learning the regulations and employing the proper tools, you can retain more of your money working for you, not the tax collector.

    Begin early, plan carefully, and when unsure, seek the advice of a competent tax professional. Financial peace of mind is not a fantasy, it’s a plan away.


    Smart retirement planning- How much do you actually need?
    Are you looking at creating a retirement plan for a secure and comfortable future? If yes, you should definitely figure out the amount you need to accumulate. People often make the mistake of underestimating the future corpus they have to build to comfortably live out their post-retirement years while accounting


  • Ray-Ban Meta Smart Glasses Debut in India at INR 29,900

    With over a billion users across its suite of apps, Facebook parent company Meta announced on May 13 that it would be launching its first hardware push in India on May 19 with the Ray-Ban Meta smart glasses.

    The line will be available on Ray-Ban.com and at top optical and sunglasses retailers nationwide starting on May 19. The glasses, which have an integrated Meta AI assistant, are currently available for pre-order on Ray-Ban.com. Right now, the smart glasses come in a variety of styles and range in price from INR 29,900 to INR 35,700.

    As part of the social media giant’s efforts to make its smart glasses accessible to everyone, Meta initially declared in April that it will introduce the Ray-Ban Meta smart glasses to India, Mexico, and the United Arab Emirates.

    Standalone Mobile App for Meta AI

    The launch also follows the company’s release of a stand-alone mobile app for Meta AI, which took the role of the Ray-Ban Meta smart glasses’ View companion app.

     The software has a special area where users can import and share images and videos, as well as manage their glasses. Additionally, users can request that Meta AI in the app add, remove, or modify specific image elements.

    According to Meta, the most innovative new hardware category of the AI era is glasses, and Ray-Ban Meta glasses have set the standard for what is feasible. The brand is combining the new Meta AI app with the Meta View companion app for Ray-Ban Meta glasses in order to incorporate all of Meta’s most potent AI experiences.

    Other Features of the Ray-Ban Meta smart Glasses

    After the release of Ray-Ban Stories in 2021, the Ray-Ban Meta Glasses were first released in September 2023. To create these smart glasses, Meta is collaborating with EssilorLuxottica, the company that makes Ray-Bans.

    A long-term agreement to “develop multi-generational smart eyewear products over the next decade” was made by the two businesses last year. The smart glasses have a 12 MP camera that can capture crisp images and 60-second 1080p films. Additionally, one can broadcast for up to 30 minutes on Facebook or Instagram.

    Users can send and receive direct messages, photographs, audio calls, and video calls using Instagram in the near future. Additionally, users can utilise WhatsApp and Messenger to send and receive messages and make calls thanks to an integrated five-mic system.

    According to Meta, customers can now ask Meta AI to play music and listen to their favourite songs wherever they are thanks to the company’s expansion of access to music apps including Spotify, Apple Music, Amazon Music, and Shazam.

    A live translation feature that allows users to converse with someone who speaks English, French, Italian, or Spanish and receive real-time translations in their preferred language through the smart glasses was also unveiled by the business last month.

  • ReelSaga Bags $2.1 Million to Lead India’s Entry into the Global Microdrama Boom

    Backed by Picus Capital, ITI Growth Opportunities Fund, 8i Ventures, Nazara Technologies, and others, ReelSaga is building India’s first microdrama platform for the mobile-first generation.

    ReelSaga, a next-gen mobile entertainment startup founded in 2024 by serial entrepreneurs Shubh Bansal, Shanu Vivek, and Ritesh Pandey, has raised $2.1 million in a Seed round led by Picus Capital. The round also saw participation from ITI Growth Opportunities Fund, Nazara Technologies, 8i Ventures, Waveform Ventures, Warmup Ventures, Bombay54, Bharat Founders Fund, and several prominent angel investors. The ReelSaga app is now live.

    The capital will fuel app development and high-quality, localised content production, as ReelSaga sets out to define a new category of mobile-native entertainment across India, Southeast Asia, and the Middle East, markets collectively expected to exceed $10 billion in digital entertainment by 2025.

    “Vertical short dramas are a cultural revolution. More and more users are turning to short-form video for entertainment. It’s quick, emotionally resonant, and binge-worthy; drama doesn’t need to be 40 minutes long to move you,” said Shubh Bansal, Co-founder and CEO of ReelSaga.

    “We’re using data science and product innovations to push the boundaries of short-form video, delivering hyper-personalized, mobile-first storytelling that resonates deeply with our audience.” Shanu Vivek, Co-founder & Head of Product and Data, ReelSaga.

    All three founders were previously co-founders at Truebil, a used car marketplace, acquired by Spinny. With deep experience in consumer tech, creative storytelling, and scaling digital platforms, the team is now taking aim at the next billion-dollar category: mobile-first fiction.

    “We’re excited to back ReelSaga as they pioneer an entirely new category of storytelling in India,” said Abhijay Thacker, Senior Vice President at Picus Capital. “The team brings a rare combination of hustle, clarity, and creative ambition. Microdramas are not just a passing trend, they’re poised to become the default format for an entire generation of mobile viewers. We believe ReelSaga can lead that shift.”

    “ReelSaga is building where the market is going, mobile-first, story-rich, and culturally rooted. The format is fresh, the vision is bold, and the team knows how to execute. We see them defining a whole new category for Indian entertainment,” added Mohit Gulati, Managing Partner at ITI Growth.

    Microdramas are not just a passing trend. In China alone, over 5,000 series are produced annually, generating revenues that have now surpassed the country’s traditional box office industry. ReelSaga is bringing this global phenomenon to India with high-quality, hyper-localised storytelling told across 50–100 episode arcs. 

    About ReelSaga

    ReelSaga is India’s first dedicated microdrama platform, creating short-form, emotionally rich fiction series designed for mobile-first audiences. With vertically shot episodes spanning 1–2 minutes, ReelSaga blends the craft of storytelling with the speed and accessibility of short video, reshaping how stories are created, distributed, and experienced. The company’s vision is to redefine digital entertainment across India, SEA, and the Middle East, starting with microdramas.


    Revolutionizing Reels: From Silver Screens to Streaming
    While cinemas offer the communal experience of watching on the big screen, OTT platforms cater to the convenience and personalization desired by modern audiences.