According to a media agency, Ola Electric Mobility Ltd., under the leadership of Bhavish Aggarwal, is laying off over 1,000 staff and contract workers in an attempt to reduce the company’s growing losses. As the electric two-wheeler (2W) manufacturer goes through a significant reorganisation, the employment cutbacks impact several departments, including procurement, fulfilment, customer relations, and charging infrastructure. In less than five months, this is the company’s second round of layoffs. About 500 workers were let go by Ola Electric in November 2024, and the most recent round of layoffs represents more than 25% of the company’s 4,000-person employment as of March 2024. However, since they are not included in the company’s formal disclosures, contract workers are not included in this statistic.
Ola Grappling with Multiple Challenges
A representative for the company told the media outlet that Ola had automated front-end processes to boost customer satisfaction, cut expenses, and increase margins while removing unnecessary positions to increase efficiency. They did not, however, state how many employees were impacted. The layoffs occur as Ola Electric, which is supported by SoftBank, faces several difficulties. In the December 2024 quarter, the company’s net loss increased to INR 564 crore from INR 376 crore in the same period the year before. The business has also had to contend with increasing competition, which has caused it to lose its top spot as India’s largest seller of electric scooters. According to government data from December 2024, TVS Motor Co. and Bajaj Auto Ltd. both surpassed Ola Electric as the market leaders. Ola Electric argues that it is still a major player in spite of these failures. The business recorded sales of more than 25,000 units in February 2025, gaining a 28% market share. Aggarwal had set a monthly sales goal of 50,000 units to reach breakeven in earnings before interest, tax, depreciation, and amortisation (EBITDA), but this is well below that amount.
Revamping Plans
In order to reduce expenses, Ola is reorganising its delivery and logistics plans and automating some of its customer service functions. At its showrooms and service centres, workers in sales, service, and warehouse positions are also being let go. To solve issues with accessibility and service, Ola Electric opened 3,200 retail locations nationwide in December 2024 as part of an ambitious expansion. This action was taken in response to a spike in consumer complaints about poor product and service quality. According to some sources, up to 80,000 complaints were sent to Ola Electric each month. Delays in the supply chain have also been a problem for the business. In an effort to reduce expenses and increase efficiency, it renegotiated contracts with two significant vendors earlier this year, alerting investors that this will have an impact on vehicle registrations in February 2025.
Adani Green Energy Ltd. (AGEL), in order to build the largest solar-wind hybrid renewable cluster in India in Rajasthan, said it had successfully refinanced its first construction facility with an outstanding balance of USD 1.06 billion from 2021. The biggest renewable energy provider in India, AGEL, revealed this development on 3 March, stating that it has reached yet another significant milestone in its Capital Management Journey. Additionally, the long-term financing obtained to refinance its construction facility includes a 19-year door-to-door tenor and a fully amortised debt structure that mimics the life of the underlying assets. This innovation marks the effective completion of AGEL’s capital management program for the underlying asset portfolio, which entails obtaining long-term facilities that are precisely in line with the portfolio’s cash flow lifecycle.
How Refinancing is Expected to Improve Company’s Portfolio?
The new refinance plan has a fully paid-off debt structure that is tailored to the underlying asset’s lifespan and a 19-year door-to-door tenor. The facility has received an AA+/Stable rating from three domestic rating agencies: ICRA, India Ratings, and CareEdge Ratings. AGEL’s capital management program for the underlying asset portfolio, which seeks to obtain long-term facilities in line with the cash flow lifetime of the portfolio, is now complete thanks to this refinance. According to the corporation, this strategy secures substantial sums of money over an extended period of time and offers advantages through access to a variety of capital pools. With a goal of reaching 50 GW by 2030, AGEL now manages a 12.2 GW renewable portfolio spread across 12 Indian states. In Khavda, Gujarat, the business is building what it claims is the largest renewable energy plant in the world, covering 538 square km. In order to strengthen AGEL’s financial stability as it pursues its growth trajectory in the renewable energy industry, the refinance is a calculated decision.
The Instability Surrounding Adani Green’s Bond
Following the arrest of senior officials, including Chairman Gautam Adani, by the US Department of Justice (DOJ) on suspected bribery allegations, Adani Green had previously cancelled its planned $600 million bond issue in November 2024. Adani and others were charged by the DOJ with arranging payments to Indian government representatives in order to obtain contracts for solar energy. Shortly after pricing, the bond issuance was terminated due to growing legal and regulatory issues. Adani Green withdrew its bond offering for the second time in as many months; the first effort was cancelled because of adverse market circumstances. The group’s US dollar bonds saw a sharp decline as a result of the accusations, indicating market apprehension over governance and regulatory risks. The Adani Group responded to the charges by denying the accusations, calling them baseless, and promising to pursue all available legal options. The group reaffirmed its dedication to upholding strict governance, transparency, and regulatory compliance requirements in every jurisdiction.
AGS Transact Technologies (AGST.NS), an Indian payments services company, announced on March 1 that a creditor intends to file for bankruptcy against the business for failure to pay debts. According to an exchange filing by AGS Transact, Maxwel Aircon India Private Limited, one of the business’ operational creditors, has accused the company of nonpayment and requested that corporate insolvency be initiated in the National Business Law Tribunal. According to AGS Transact, the business is looking for the right legal counsel and will do everything in its power to safeguard its interests in the aforementioned issue. AGS Transact offers corporate clients and banks cash-based and digital solutions, including ATM services. After the ailing company fell behind on its payments in recent months, all four of its independent directors left, citing personal reasons, and at least two credit ratings were downgraded. According to exchange records, the business and a division that supplies cash to ATMs had fallen behind on debts totalling 7.26 billion rupees ($83.1 million).
Who Flagged Off the Default?
On February 4, the credit rating agency Crisil noted the default and reduced the company’s debt rating; on February 5, India Ratings also downgraded the company’s credit rating, suggesting that it might not be able to make its debt payments. A week following Crisil’s downgrade, the firm revealed the default. Due to the company’s inability to achieve service-level agreements with its clients, the agencies pointed to a delay in receivables. This resulted in a severe decline in liquidity, which caused the company to miss interest payments on term loans in December and January. AGS Transact also reported a loss for the December quarter as a result of the delay, and its auditor expressed concerns about the company’s capacity to continue as a going concern. Its lenders include Federal Bank, State Bank of India, Bandhan Bank, HDFC Bank, Dhanlaxmi Bank, SBI Global Factors, Investec Bank, Aditya Birla Finance, IDFC First Bank, SBM Bank (India), and IndusInd Bank. Commentary from the lenders was not immediately available.
How NCLT Handles Corporate Bankruptcy Cases?
Under the Insolvency & Bankruptcy Code (IBC), NCLT plays a crucial role in managing the entire corporate insolvency resolution procedure. The NCLT assesses whether an insolvency petition is comprehensive and eligible for admission after receiving it. Following admission, the tribunal designates an Insolvency Resolution Professional (IRP) and starts the Corporate Insolvency Resolution Process (CIRP), in which the resolution specialist assumes control of the debtor’s resources and business operations. With a 180-day period (extended by 90 days) for developing a resolution plan to bring the company back to life, the CIRP is designed to effectively address insolvency. The NCLT may start the debtor company’s liquidation and supervise the fair division of assets among creditors if no workable settlement plan is accepted. The NCLT’s decisions may be appealed to the National Company Law Appellate Tribunal (NCLAT).
Money holds paramount importance in any business, big or small. You can have the greatest idea and the best team, but without funding, you wouldn’t lift a feather. From launching to scaling your business, no matter how great your product is, how much you save, or how big you’ve grown already, the inflow of capital and financial upliftment will inevitably be a necessity.
You need the capital to reach the milestones you have set at the expected point on the timeline. Without thinking about fundraising, you’re just sucking the life and potential out of your business. The steps you need to follow to acquire the funding are simple and direct. Get noticed. Let people find you. Connect. Let’s look at some ways to find an investor or ways to earn the fuel called funding for your company.
Below are our easiest ways to find investors for your small business or startup company:
The virtual world has made us connected for good. The online universe contains everything that you might ask for. They have startup launching platforms, and crowdfunding sites, some are highly popular with sophisticated and verified individual investors, angel investors, and even banks and people willing to deploy capital in a new stream.
Most of these platforms function in a peer-to-peer lending site fashion looking for sources offering business loans to donation-based, debt, and equity crowdfunding portals. Popular equity-based crowdfunding platforms are AngelList, SeedInvest, StartEngine, etc. Even Quora and LinkedIn can help you out, all you need to make sure is securing a credible name.
2. Research And List
Go online and make an inventory of your immediate contacts in the network create a list of investors who you feel would vibe with your goals and mission. Shortlist 30 to 50 of these and aim at securing their attention. Reach out to them in an informal environment, unfold your ideas, ask for genuine feedback, and always adapt using those suggestions, the next time you contact them.
3. Attend Events
Visibility is a key aspect when it comes to obtaining funds, you need to become the first choice of the investors you’re aiming for. You need to be in their heads when they make their decision. Prior research about the guests of the event and arranging meetings with prospective investors will go a long way.
Engage in the coding marathon, organized networking functions, industry trade shows, sporting events, charity fundraisers, film festivals, etc.
4. Angel Networks
Member-based networks that provide service by location are called angel networks. They basically function from a fund that has been set aside by an investment firm to source deals for the network. Applications are prescreened, the angels can stay anonymous, and founders can gather offers from up to a hundred investors in one place rather than moving from one angel to another.
These angel investors might not just invest in your business but can provide you with complete mentorship, share their contacts, and help you build your own network. Sites like Funded.com and Angel Capital Association can assist you with angel investors looking for an opportunity.
Accelerators are incubators for startups, they help to nourish the startup leading it to a path of success. They open their gates to serious entrepreneurs looking for genuine guidance and monitoring. They would be ready to introduce you to other investors and give business advice.
Usually while applying for accelerator programs, you must do extensive research and keep a check on records of their success.
These investors wish to take a bigger role in making your idea into a practical business model, they might be looking for a piece of your startup in exchange for funding. So, before collaborating with them, you might need to analyze how much you are willing to give up.
6. Social Media And Networking Sites
Believe it ornot, the social space can do wonders, being cost-effective, it might be the best way to get discovered. You can post an update about your developments or collaborate with influencers to promote you.
The most popular channels to acquire attention on social media are:
LinkedIn can be used to talk about your company or to seek quality introductions to pass social proof.
Facebook for maintaining cordial contact after one or two meet-ups with the investor. This helps in trust-building.
Twitter for meaningful conversations and knowing about what the investor shares.
Beyond these, there are many professional social sites that bring you in the ring with all types of investors in the industry. These might also connect you to the global investor environment.
Some professional social networking sites to consider for investor connections include EFactor, Xing, Cofoundr, and Meetup.
7. Personal Marketing
You need to have a strategy to prove your worth and raise those funds, then only you can see the growth graph rise. If it seems necessary, let your product go public, and get in the hands of influencers, and customers so that it might catch the eye of the investors.
If you’re successful in getting real customers, the pressure to obtain money from other sources will automatically lessen.
Make use of freemium and hybrid business models that can help get your product in the market for less cost, and let it gather the limelight.
A Guide to Marketing Your Business on LinkedIn
8. Use Your Family And Friends
Your friends and family might be your angels in disguise, and it won’t be a hard sell to convince them as they already trust you and know that you’re passionate. Just remember personal and professional relationships are best when kept separate. Maintain written records and inform them about any risks involved.
You can also use your friends as a bridge between you and investors, ask your friends in the industry for their recommendations. Climb your way up in the network, many investors specialize in specific markets, like biotech, retail, exports, or mobile app development, so they trust the network to find the right company.
At this stage of the development of your startup, perseverance might be the most crucial requirement. Do not get discouraged, if the funding doesn’t show up at your doorstep just after one attempt or maybe fifty, remember that infinite opportunities are waiting for you to knock. The one best suited for your business model and your needs would come around as what you’re seeking is also seeking you.
9. Incubators
The incubators in India are the actual instruments or agencies that drive startups, providing all the necessary resources, mentorship, and financial support to set up a company. They form co-working spaces and provide tools and equipment to patrons who are to guide startups develop good business models and products. They also connect entrepreneurs with investors, colleges, partners, and industry players with events and workshops. Many incubators also guide them through seed funds and early-stage investments; therefore, they can be the right choice at a time of funding winter. All these include benefits, such as grants, subsidies, and sector-specific support from even government-backed incubators.
Some of the important incubators in India include Startup Village-for student-led startups, IAN Incubator-hugely known for its strong investor network, and IIT Madras Incubation Cell-works for deep-tech ventures. They provide resources and industry-specific support to create the foundation for such startups to scale effectively. Given that it’s under an ever-increasing enrollment, this creates a great ecosystem for startups to benefit from.
India is home to several accelerator programs that lay a structured platform for early-stage startups to get their much-needed investment, mentorship, and networking. Usually ranging from a few weeks to several months, these programs may be operated either by private VC firms or by large financial entities. Intensive boot camps, expert mentorship, and strategic networking help startups refine their business models and scale up rapidly. In addition, accelerators often facilitate their connections to their potential investors where funding is equally provided, usually in exchange for equity, such as $120K for 6% equity through Techstars Bangalore Accelerator.
Notable accelerators in India include Google for Startups Accelerator, which supports AI/ML ventures with equity-free assistance, TLabs, which provides funding in its initial stages, supported by Times Internet, and Cisco Launchpad, which concentrates on enterprise technology and IoT. Numerous niche accelerators today focus on sectors like fintech, AI, and enterprise solutions, culminating in demo days where startups pitch to investors. Accelerators thus pave a fast-tracked route for growth for Indian startups by providing structured support and funding opportunities.
11. Crowdfunding
Crowdfunding is the new upcoming mode of fundraising for startups in India. The online platforms are used by startups to raise funds from a large number of people. Crowdfunding in India is giving the concept of bringing together the populace- much more popularly known today’s date as startup validation. The models of crowdfunding consist of donation-based (for social causes) which provokes people to donate for a cause; reward-based, where a company’s offers would be promised in return, debt-based, which pays out loans with interest, and lastly, equity model, in which ownership would be given only not completely legal here in India. Crowdfunding, unlike traditional funding routes like venture capital or bank loans, is a way for startups to get funds directly and more easily.
Prominent Indian crowdfunding platforms include Ketto for health and social causes, Fueladream for donation and reward-based campaigns, and Social for Action for small business funding. Crowdfunding also offers one the tools of validation on the market with general interest and feedback to measure. However, equity-based crowdfunding regulations are a pain point. In any case, crowdfunding continues to offer a new and uncomplicated mode of financing for Indian startups.
The practical and immediate funding option that business loans provide to startups in India is a readily available solution for operation expenses, expansion, and growth. Banks, NBFCs, and government schemes have made this option very affordable in financing startups, as it avoids loss of equity. Such loans come in the form of term loans for bigger capital expenses, working capital loans for the day-to-day running of the organization, and government-backed loans such as Mudra Yojana and Stand-Up India offering collateral-free loans under easier terms. The common eligibility criteria that would apply include, but are not limited to, age, citizenship, business registration, and financial viability, just to ensure that only qualified startups receive funding.
In addition to that, important wings of the government’s loan scheme include the Pradhan Mantri Mudra Yojana which gives a loan of up to ₹10 lakhs, and the Stand-Up India Scheme focusing on supporting SC/ST and women entrepreneurs that grant loans ranging from INR 10 lakh to INR 1 crore. Private lenders, such as IIFL Finance and HDFC Bank, also offer business loans for startups. Short loan approval processes, non-dilutive funding, and collateral-free options are some of the general characteristics of business loans that will still be considered a dependable avenue for bringing in cash for startups, although clear financial planning will be necessary for its effective management in repaying the loans.
Investor Confidence in Indian Startups in FY24, by Sector
13. Venture Capital
Venture capital (VC) is one of the major funding avenues for startups in India. In addition to funding, it also provides strategic guidance to a startup. The alternate second phase of growth extends from 1986 till today. The amount invested in India’s VC industry boomed to $14 billion in 2022, reflecting a compounded annual growth rate (CAGR) of 30% in the recent past. The VC funds in India invest in almost every stage of a startup-from seed to growth-funding projects with little more than just money but also a vision of the market and a network.
Fintech, edtech, eCommerce, health tech, SaaS, and AI have emerged as sectors with ample VC interest, making them the most attractive areas for funding. Such notable Indian venture capitalists include Accel India, which operates in the early stages of investment in e-commerce and SaaS, Blume Ventures, which values the hands-on approach, particularly in its spheres of interest such as AI and healthcare, and Kalaari Capital, which has funded some big-ticket tech-driven companies such as Dream11 and Razorpay. Although VC represents a fast-growth mechanism and provides strategic input, acceptance of VC funding requires a robust business model and the potential for self-growth. Though there are several regulatory hurdles and funding gaps for early-stage ventures, VC remains the strongest weapon for Indian startups in their journey of scaling.
How to Be Investor-Ready
1. Strong Business Plan
Executive Summary: Brief on your business.
Market Analysis: Evidence of market demand and competition.
Revenue Model: Clear explanation of revenue streams.
Financial Projections: Realistic forecasts for the next 3-5 years.
2. Clear Value Proposition
Unique Selling Proposition (USP): Clearly define how your business is different from others in the industry.
Customer Testimonials: Use existing feedback as validation for your USP.
3. Scalable Business Model
Growth Potential: Illustrate how your business will expand in new territories or offer up-sell cross-selling opportunities.
Technological Availability: Use technological intervention-cum-reduction-of-cost in operations.
4. Financial Health and Transparency
Orderly Financial Reports: Keep every financial record updated.
Internal Audit: Continues auditing to ensure financial integrity.
Debt Management: Settle any liabilities or debts that are pending.
5. Legal Preparedness
Registration of Business: The business must be registered.
Licenses and Permits: Register to get licenses and permits.
Intellectual Assets Protection: Protect your trademarks, patents, and copyrights.
6. Strong Leadership Team
Founding Team: Ideally, 2 to 3 founders with diverse skill sets with the cap table.
Expertise and Experience: The significant extent to member’s experience-related relevance is mentioned above.
7. Proof of Traction
Revenue Growth: Indications of revenue increase.
Client Acquisition: The number of customers acquired and retained.
Strategic Partnerships: Mention any significant partnerships or alliances.
8. Use of Funds Clearly Defined
Allotment: Be specific about the proposed use of investment funds (for example, product development, and marketing).
9. Risk Assessment
Risk Identification: Be aware of market risks, operational risks, and financial risks.
Strategies for Mitigation: Build programs to address such risks.
10. Investor Pitch Deck
Engaging Story: Create a pitch deck that is really compelling in articulating the potential of your business.
Key Elements: Include problem statement, solution, market opportunity, financial projections, and funding needs.
11. Positive Image in the Industry
Network Engagement: Mix with industry networks and thought leaders.
Good Customer Reviews: Positive customer testimonials would do that too.
Conclusion
Getting an investor to invest in your company is necessary to upscale your business. Take small steps. Network with people through social media channels. Interact with the social media community of like-minded people. Pitch your idea to angel investors or potential investors. A private investor can be s person or company who has the potential to invest in your company or startup. All these investors have only one goal in their minds. The goal of helping a company or startup is to succeed and get a good return on their investment.
Before pitching your idea to the investors you have to keep this n your mind at first. All these Investors look for people who have experienced entrepreneurs and a management team that has a track record of high performance and leadership in the company’s industry or in prior ventures. Most investors will do thorough research on your business, your expertise, your team’s background, and your background in the industry.
FAQs
How to Find Investors for Small Business?
Ask Family or Friends for Capital
Apply for a Small Business Administration Loan
Consider Private Investors
Contact Businesses or Schools in Your Field of Work
Try Crowdfunding Platforms to Find Investors
How to find investors for business in India or How to Get Investors for a Startup in India?
Create a profile on AngelList
Prepare a record of investors to share your ideas with
Timothy Donald Cook is an American business executive who is currently the Chief Executive Officer of Apple Inc. Previously, he was the company’s Chief Operating Officer under the co-founder Steve Jobs. Tim joined Apple Inc. in March 1998 as senior VP for worldwide operations and the VP for worldwide sales and operations. He became the Chief Executive Officer on August 24, 2011, after Jobs resigned.
Tim was born on 1st November 1960 and grew up in the city of Mobile, Alabama. He was baptized in the Baptist Church and grew up in the city of Robertsdale. His father, Donald Cook was a shipyard worker and his mother Geraldine worked at the pharmacy. He graduated from the Robertsdale Public High School in Alabama in 1978. Tim received a Bachelor of Science by majoring in Industrial Engineering from Auburn University in 1982 and an MBA from Duke University in 1988.
Tim Cook – Career Highlights
Pre-Apple Highlights
Once Tim graduated from Auburn University, he spent 12 years in IBM’s personal computer business and became the director of North American fulfillment. At the same time, Tim earned his MBA from Duke University and was a Fuqua Scholar in 1988. He later became the Chief Operating Officer of the computer reseller division of Intelligent Electronics. In 1997 he became the VP for corporate materials at Compaq but then took up his position at Apple Inc. just six months later.
Apple Highlights
In 1998, Steve Jobs convinced Tim Cook to join Apple and his first position was that of Senior Vice President for worldwide operations. Tim closed up factories and warehouses and replaced them with contracted manufacturers. This resulted in a change of the company’s inventory from months to barely days. He then invested in long-term deals such as investing in flash memory since 2005. This meant that Apple Inc. saw a stable supply of iPod Nano, then iPad and iPhones. Tim was recognized for keeping costs under control and generating huge profits.
In 2007, Tim was promoted to Lead Operations and was Chief Executive in 2009. But with Steve Jobs’ health failing, he became responsible for most of Apple’s day-to-day operations.
Apple Inc. Chief Executive Highlights
Once Steve Jobs resigned, Tim was named the new Chief Executive Officer on 25th August 2011. Six weeks later, Steve died from complications from pancreatic cancer. In 2012, Tim made major changes to the executive team. Scott Forstall resigned as Senior VP of iOS after the poor launch of Apple Maps. He remained an advisor to Tim until he left the company in 2013. John Browett, the senior VP of retail, was dismissed after only 6 months and was given 100,000 shares worth $60 million.
In 2014, Tim made headlines as he told shareholders to ‘get out of the stock’ if they did not share the company’s ideas of climate change and sustainability. In 2016, he also traveled to China to meet government officials to help close Apple’s online iTunes Store and Apple Books store. He signed a $275 billion deal with the officials. This deal paved the way for increased censorship by Apple in China.
In August 2021, Tim received approximately $750 million as a payout by selling more than 5 million shares in Apple Inc.
In 2020, Tim Cook made a $2 million donation to a mysterious charity. He donated over 6880 shares but the recipient was left nameless.
In August 2018, he donated more than $5 million to an unnamed charity. He has also announced more public-facing donations including the Amazon rainforest fires and California housing crisis where the company pledged over $2.5 billion.
Tim Cook – Leadership Style
When Tim became the new CEO of Apple Inc. he began his day by sending emails at 4:30 am every weekday and had even held Sunday-night staff meetings by telephone to prepare for the coming week. In 2013 Tim commented that his leadership was more focused on strategy, people, and executives. Under his leadership, the brand increased its donations to charity and even in 2013 hired Lisa Jackson, the head of the Environmental Protection Agency. She was supposed to help Apple develop renewable energy activities.
In the 2008 election cycle, Tim was one of the donors for Barack Obama’s first White House election. In 2015 he donated to Democratic senators Chuck Schumer and Patrick Leahy for their positions on e-book pricing and surveillance reforms.
In 2016 he donated to the election campaign of Zoe Lofgren. He also hosted a private fundraiser for the speaker of the U.S. House of Representatives Paul Ryan. In the same year, he also helped raise funds for Hilary Clinton’s campaign. During the campaign, he was even considered for Vice President.
Tim Cook – Awards & Recognitions
Some awards and recognitions that Tim Cook received are:
Financial Times Person of the Year (2014)
Ripple of Change Award (2015)
Fortune‘s World’s Greatest Leader (2015)
Alabama Academy of Honor: Inductee (2015)
Human Rights Campaign’s Visibility Award (2015)
HonoraryDoctor of Science fromthe University of Glasgow inGlasgow, Scotland (2017)
Courage Against Hate Award fromAnti-Defamation League (2018)
Honorary Master’s degree in Innovation and International Management fromthe University of Naples Federico II inNaples, Italy (2022)
A Day in The Life of Tim Cook
Tim Cook – Facts
Tim became the Chief Executive Officer of Apple Inc., in 2011 after previously serving as Apple’s Chief Operating Officer under Steve Jobs.
Tim joined Apple in 1998 after working for PC maker Compaq and over 12 years at IBM.
Tim owns more than 3 million shares of Apple, less than 1%, and has sold hundreds of millions of shares over the years.
Since 2005 he has served on the Board of Nike as well.
Tim Cook – Personal Life
Tim is a fitness enthusiast and enjoys going to the gym, cycling, and hiking. He is quite solitary and uses the off-campus fitness center for privacy. In 2014 he sought to achieve a ‘basic level of privacy’. But Tim was misdiagnosed with multiple sclerosis and that made him see the world in a different way.
In June 2014, Tim attended the San Francisco gay pride parade with members of the Apple Inc. team. On 30th October, he publicly came out as gay in an editorial for Bloomberg Business.
Titan is one of the most popular watch manufacturers in India with a revenue of 21,204 crore rupees as of 2020. This public company was established in 1984 and has expanded to be the fifth-largest watch manufacturer in the whole world and also the largest branded jewelry maker in India. More than 80% of its revenue comes from the latter.
The firm is a part of the Tata group and started its journey in a joint venture with TIDCO. The one thing that we should appreciate about Titan is its diverse revenue streams and the immense trust that its customers have in them. The firm changed its name from Titan Co to Titan Industries Ltd in 1993. This article will explore the business model of Titan.
Titan Business Model
Titan’s business pattern comprises a set of diversifications and a customer-first approach towards establishment across several consumer segments. Previously, the company was well known for quartz watches but has transformed itself into a premium and smart-watches company, while the jewelry vertical which is symbolized by Tanishq fetches approximately 82% of the total revenues. The company is further strengthened by Tanishq’s reputation for transparent pricing and high-quality gold and diamond jewelry.
The company has again opened up through eyewear products known to many customers with the Titan Eye+, and later to fragrances and fashion accessories further strengthening the company’s diversity. Titan has already established exclusive retail networks in over 1,300 stores across India. Titan thus captures all the market routes – physical, digital, and even e-commerce avenues – bringing services that offer customers better access and engagement with these availabilities. Strong brand trust, high pricing, and value-added services such as after-sales support and customization create durable relationships with customers.
Many advantages should remain with Titan in case it goes commercial because one drawback is the dependency on the Indian market, which limits its global reach, and the next is the fierce competition from domestic and foreign players in the jewelry and watch segments. On the other hand, the increase in disposable incomes gives a growth opportunity; further avenues of creating international reach with certain strategic alliances with global brands open up.
Key Activities of Titan
Titan is known for its quality manufacturing and sales. In 1984 it started manufacturing quartz analog watches and further diversified into various other products.
Today they manufacture watches, eyewear, perfumes, and jewelry. Their branches also cater to the requirements of people of all age groups. They provide the best experience to their customers.
Monetising Heritage
The biggest factor that multiplies the sales of Titan Company Limited today is the sense of the superior quality of craftsmanship associated with the firm. Their product quality is admired by most of the users. One of the main reasons for this is their people-centric vision of creating and elevating experience that impacts the world.
Their mission has always been to create a value-driven culture that nourishes innovation, performance, and the highest global standards in everything they do. Throughout their businesses, how they pitch themselves ensures that customers take precedence over anything else.
There is absolutely no doubt about the fact that it is in fact the people who made Titan the brand that it is today. They have reached a position at which they are capable of monetizing the heritage that they have proudly inherited through years of delivering quality products.
There are multiple platforms through which Titan makes its products available to the people. On the other hand, they have many exclusive outlets in the name of Titan across most of the cities in India. There are outlets in other countries too.
Some of these outlets sell all the products by the Titan group while most of them are exclusive showrooms that sell particular products like watches, eyewear, jewellery et cetera.
They also have exclusive online websites through which the customers can directly place orders and get them delivered to their doorsteps. Apart from that Titan has also partnered with most of the key platforms through which they make their products available.
Titan Website
In fact, Titan has done and is continuing to do everything possible to make their products accessible and affordable to all sections of society.
Customer Relationship
Customers are one of the biggest assets of the company. Hence they have enabled various options to give the best experience to the customers. As a part of this, they have devised a customer support service that can be reached at 18002660123. The customers can also raise their concerns by writing to customercare@titan.co.in.
Alternatively, the customers can also directly reach out to the offline customer care centers or showrooms with the product and its receipt.
The diverse product range is the revenue driver for Titan, with jewelry being a significant portion of its earnings. The jewelry division, which accounts for nearly 89.1% of earnings, has come under the banner of Tanishq, which reported revenues of around INR 10,696 crore (approximately $1.3 billion) according to the latest financials. The watches and wearables segment, on the other hand, reports 7.6% of total revenues at roughly INR 913 crore due to increased demand for both smartwatch and traditional watch acquisition. Titan Eye+ eyecare contributes 1.7% and generates INR 203 crore. Additional revenue streams from other business activities bring another 1.7% to the overall revenues, amounting to INR 199 crore.
Titan’s success in revenue is backed by several strategic advantages. The Tanishq brand is widely perceived as a marker of quality and trust and thereby also earns decent customer loyalty, as well as high sales volumes. Furthermore, its diverse segments in jewelry, watches, and eyewear mitigate the risk of market fluctuations in any one category. Titan has a deep and extensive retail network that ensures accessibility and presence towards driving sales. These vary from jewelry, but Titan enjoys income from the other segments as well, thus supporting itself through a very good brand reputation and extensive retail reach to ensure a foothold growth across several markets.
As far as the watch manufacturing is concerned they have multiple sub-branches that are titled FastTrack Helios, Xylys, Titan Raga et cetera. It might be a surprise that despite the watches being the most popular product of the company, it only contributes a small amount.
They are the primary growth drivers of the firm. It can be rightly concluded that all Titan is known for their watches it is their business that happens in Tanishq that drives the business forward.
Titan Company Limited Financials
Fiscal Year
Operating Revenue
Total Expenses
Profit-Loss
FY22
INR 27,210 crore
INR 25,037 crore
INR 2,173 crore
FY23
INR 38,270 crore
INR 38,270 crore
—
FY24
INR 47,600 crore
INR 44,298 crore
INR 2,816 crore
Titan Company Limited Financials
Titan – Unique Selling Proposition
Titan Company has forged a unique lifestyle proposition that is all about quality, craftsmanship, and innovation in watches and jewels. With an ever-expanding range of immaculate materials and avant-garde designs, luxury and budget access market segments of watches, ornaments, and eyeglasses for the company. The technological advancements that bolster its competitive edge include Titan Edge, which is ultra-slim.
Backed by the Tata Group, Titan enjoys unquestionable consumer loyalty. The brand emphasizes experiential retailing where an engaging shopping experience is created and has a strong commitment to sustainability and corporate responsibility. Accessibility across price points and its reputation of being reliable make Titan’s value proposition about extraordinary customer experiences that set the standards and instill trust, thereby making Titan a leader in India’s lifestyle market.
Businesses by Titan – Iconic Brands of Titan
Titan
FastTrack
Zoop
Sonata
Titan eye plus
Mia
Titan clock
Taneira
CaratLane
Titan Raga
Skinn
Zoya
SF
Tanishq
Helios
Octane
Xylys
Nebula
Fabre-Leuva
Titan SWOT Analysis
Titan SWOT Analysis
Titan Strengths
Brand Equity: Titan enjoys a whopping brand equity due to its commitment to quality and innovative designs that have earned a loyal clientele.
Product Diversification: It has been manufacturing a variety of products-from clocks and watches to jewelry with the Tanishq brand, eyewear, and perfumes. Market fluctuations are, therefore, not a major threat to this diversification.
Widespread Distribution Network: Titan has a good network of retail outlets, including exclusive showrooms like ‘World of Titan’, giving it a presence in various segments of the market.
Creativity and Design Excellence: Due to uniquely designed and technologically superior products, like smartwatches and high-end jewelry, Titan has been the most favored name in a sea of competitors.
Titan Weaknesses
Heavy Dependence on the Indian Market: A significant share of Titan’s revenue comes from India, exposing it to economic downturns in that country. Although efforts are being made to expand abroad, the international footprint still remains limited.
Vulnerability to Gold Price Fluctuations: The jewelry segment’s heavy reliance on gold exposes Titan to developments affecting fluctuations in gold prices, which can impact profit margins and consumer demand.
Counterfeit Risks: The uniqueness of the designs of Titan products increases their counterfeiting potential, capable of undermining the brand’s value and sales.
Titan Opportunities
International Market Expansion: Titan can invest in expanding territories abroad in adopting markets, such as countries with hefty Indian diaspora or love for Indian craftsmanship. This could be useful primarily for the Tanishq brand.
Innovation in E-commerce: Titan must therefore harness eCommerce capabilities to propel itself further into the prospects of online shopping.
Premiumization: With increasing disposable incomes expected from Vise economies and India, consumption demand for luxury items has increased. Titan now has the opportunity to thrift on the opportunity by manufacturing premium jewelry and watches.
Sustainability Commitments: Titan will carry on with sustainable sourcing practices, along with ethical methods, particularly in terms of its jewelry, so that the company can attract customers who want to consume more socially and improve its position.
Titan Threats
Economic Recession: Some unfavorable economic conditions would lead to less consumer spending, and it would consequently create an adverse impact on sales from all other segments.
Stringent Competition: It is being burdened by tough competition with international luxury brands like Rolex and Swatch as well as domestic brands like Kalyan Jewellers which may be exerting pressure on their market share and pricing strategy.
Changing Consumer Preferences: Sales are also susceptible to changes in the tastes and preferences of consumers, particularly those with regard to watches and jewelry which are fashion-sensitive.
Regulatory Challenges: The implication of operating in a highly regulated industry is that changes in taxation or import/export-related government policies would unfavorably affect their operations.
Conclusion
From the looks of the business model of Titan, they will likely continue to thrive in the years to come. They have a knack for expanding their businesses to newer areas while retaining the quality of whatever was existing.
The very fact that Titan watches are the most preferred and popular among middle-class people in India is a testament to it. Heritage is something that we inculcate through commitment and passion. This is one thing that one should learn from the functioning of the Titan group.
FAQs
Is Titan an Indian brand?
Yes, Titan is an Indian brand that mainly manufactures fashion accessories such as watches, jewelry, and eyewear.
Does Titan own Tanishq?
Yes, Tanishq is an Indian jewelry brand and a division of Titan Company.
How was Titan Company formed?
Titan was formed between the joint venture of Tata Group & Tamil Nadu Industrial Corporation in 1984.
Titan Company is owned by Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO). Tata Group, through Tata Sons, is the majority shareholder.
Is Titan a Tata product?
Yes, Titan is a Tata Group brand. Titan Company is a joint venture between Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO).
AI tools provide efficiency in generating resumes in the right format favored by applicant tracking systems (ATS) and thus get visibility from hiring managers. They insert keywords specific to the industry, customize the content, and generate meaningful bullet points relevant to work experience, education, and skills. They provide customizable templates that conform to industry standards and keyword suggestions to optimize job application success. AI writing support helps with grammar, clarity, and overall effectiveness of a resume. Furthermore, resume assessment guarantees ATS compatibility through comparison of a resume with a job description. Other helpful features include skill suggestions and a resume summary generator for creating an engaging, tailored summary, ensuring that job seekers can stand out from their competition and improve their chances of going to the interview.
people who want to write effective resumes that target job descriptions
Rezi – Best AI Resume Builder
Rezi is an artificial intelligence-powered resume platform that gives a hand in creating and aiding job seekers in building optimized resumes that boost the chances of securing a call for an interview. Some of these tools include AI Resume Builder, Editor, Summary Generator, Keyword Scanner, and ATS Resume Checker among other features that help in simplifying resume creation. Rezi uses these processes to analyze resumes and suggest ways of making them ATS-compliant.
Furthermore, this software packages an AI Cover Letter Writer that permits personalized applications through user-specified prompts as well as an Interview Practice Tool for mock responsive structures with feedback. The Rezi Score will evaluate the effectiveness of your resume. Design control aspects offered enable you to change the layout.
Pros
ATS compliant so it’s compatible with all systems
Build a desirable, personalized text
Share resume using a private link.
Cons
Free plans are not flexible
Limited customization
Pricing
Plan
Pricing
Pro
$29/monthly
Lifetime
$149 one time
Kickresume
WEBSITE
WWW.KICKRESUME.COM
Rating
4.6
Free Trial
Yes
Best For
people looking to create a professional resume or CV
Kickresume – Best AI Resume Builder
Kickresume is the automated resume creator and automated cover-letter creator that flattens the whole long process of a tedious job application by using advanced AI-powered technology called GPT-4 in generating content efficiently. The product has been designed for job seekers at all stages in their careers and comes with a straight-forward use interface along with extensive customization options.
It comes with an AI Resume & Cover Letter Writer, which helps write content based on job titles and years of experience, and also an AI Resume Checker, which checks resume samples against already considered successful ones to offer improvement options. Users have access to more than 35 ATS-compliant templates, as well as 20,000 pre-written phrases arranged in a library for the purpose of embellishing their resumes with content.
Pros
Seamless Navigation
Faster Resume build
Resources and Knowledge base articles available for resume building
Cons
Limitations in free plan
Customisations are only available in paid plan
Pricing
Plan
Pricing
Yearly
$7/month
Quartely
$13/month
Monthly
$19/month
Jobscan
WEBSITE
WWW.JOBSCAN.CO
Rating
4.2
Free Trial
Yes
Best For
optimize your resume, find jobs, and track your applications
Jobscan – Best AI Resume Builder
Jobscan is an AI-based offer for a tailor resume builder to optimize your resumes to Applicant Tracking Systems (ATS) for giving job seekers better chances at getting interviews. Jobscan analyzes job descriptions and returns relevant feedback through the Resume Score feature. The AI Resume Builder assists with the generation of customized summary statements, bullet points, and keyword suggestions to improve relevance.
The Career Change Tool helps job seekers identify may be possible new jobs based on their transferable skills. Jobscan also has a Job Tracker Chrome extension that allows users to easily track their applications, interviews, and offers. It allows for unlimited resumes and its free ATS-friendly templates. Besides, a Bullet Point Generator provides compelling descriptions based on the user’s own experience, thus rendering the resume highly impactful and ready for the job market.
Pros
Optimised for ATS
Easy to use
Detailed insights
Cons
Advanced features only on paid subscription
Steep learning curve
Pricing
Plan
Pricing
Quartely
$89.95/3 months
Monthly
$49.95/month
Enhancv
WEBSITE
ENHANCECV.COM
Rating
5
Free Trial
Yes
Best For
creating visually appealing resumes that stand out
Enhancv – Best AI Resume Builder
Enhancv is an AI-based resume maker designed to help job seekers build good-looking, ATS-compliant resumes with customizable templates. It features an AI Resume Writer with ChatGPT integration to provide useful content suggestions and keyword optimization. The AI-Tailored Resume Summary further helps modify summaries based on respective job ads, while the Resume Checker provides fundamental feedback on layout, grammar, and clarity. You can customize the resume according to your needs by changing colors and fonts and by adding company logos.
This drag-and-drop editor allows for easy customization and gives a variety of layout options. With profiled sharing via private link, it enables easy updates to resumes as per need. Being an AI-empowered and user-friendly tool, Enhancv drastically simplifies the process of resume-making and increases the chances of succeeding in job applications.
Pros
Seamless editing
ChatGPT powered assistance
Professional and stylish templates
Cons
Limited options on templates
Limited customisations
Pricing
Plan
Pricing
Pro monthly plan
$24.99/month
Pro quartely plan
$16.66/month
Pro Semi
Annual plan $13.32/month
Novoresume
WEBSITE
NOVORESUME.COM
Rating
4.5
Free Trial
Yes
Best For
job seekers who want a highly customizable resume builder with a user-friendly interface
Novoresume is the AI-powered best resume maker that helps applicants build perfectly professional and visually appealing resumes. The AI Assistant guides the user with real-time content suggestions to ensure seamless and smooth resume building. It offers a range of 16 customizable templates, which can be a personalized affair with colors, fonts and layouts according to preferences.
Multi-language support allows foreign job seekers – those who wish to write resumes in languages other than English. It gives you real-time feedback in order to refine and strengthen your impact content by proactively managing the sections, enabling easy additions or deletions without any loss of information. Download resumes as best pdf files, which are perfect formats for all job applications.
Pros
Easy customisation with drag and drop feature
Smart suggestions for content
Easy switch of designs
Cons
Limited customisation in free plan
AI accuracy issues due to its Beta version
Pricing
Plan
Pricing
Premium
$19.99/month
Teal
WEBSITE
TEALHQ.COM
Rating
4.7
Free Trial
Yes
Best For
job seekers who want to effectively organize their job search process
Teal – Best AI Resume Builder
Teal is an intelligent, AI-driven online resume builder that allows users to create job-specific resumes that are personalized and tailored to a particular job description. The site also includes an application management system that enables easy tracking of applications, follow-ups, and deadlines. In addition to these, there’s a resume checker, allowing a user to evaluate their resumes against industry standardized jobs posting and gives out real feedback for optimization.
The last is the AI-powered cover letter generator that produces cover letters based on job applications and a comprehensive LinkedIn profile review for a wider net of visibility and wares for networking opportunities. With access to templates, examples, and guides, Teal has the resources for career development all the way through the user’s job search experience.
Pros
Powerful resume building feature at zero cost
AI driven insights for job specific resumes
Cons
Cover letter generator is too generic
Job application tracker gets cluttered at times
Pricing
Plan
Pricing
Teal+
$29/month
Careerflow.ai
WEBSITE
WWW.CAREERFLOW.AI
Rating
4.9
Free Trial
Yes
Best For
build resumes, optimize their LinkedIn profiles, and prepare for interviews
Careerflow.ai – Best AI Resume Builder
Careerflow.ai is a platform guided by AI technology to make the job search easier, providing resume in crafting and job management features engineered to individual needs. The AI-based resume builder creates professional resumes according to job descriptions to highlight relevant skills; the automated job tracker allows users to seamlessly organize their applications from one platform.
Careerflow also enhances LinkedIn profiles to get better visibility and networking. The AI cover letter creator builds custom cover letters, while the network tracker allows users to track their connections. The resume audit tool gives optimization feedback, while “Who’s Hiring” detects active openings to make job searches more efficient and strategic.
Pros
Personalized resumes tailored for specific job
Intuitive User Interface
Cons
Limited templates
Advanced features only available on paid plans
Pricing
Plan
Pricing
Premium Plan
$14.41/month
Resume Worded
WEBSITE
RESUMEWORDED.COM
Rating
4.8
Free Trial
No
Best For
job seekers who want to quickly and easily optimize their resume for specific job applications
Resume Worded – Best AI Resume Builder
Resume Worded is an AI-powered platform designed to enhance job seekers’ resumes and LinkedIn profiles by providing instant feedback and scoring. Developed with insights from top recruiters, it evaluates resumes based on key hiring criteria and offers actionable suggestions for improvement. Users can customize their resumes for specific job applications through the Targeted Resume feature, ensuring better alignment with job descriptions.
The platform also provides personalized LinkedIn profile reviews to boost professional visibility. Additionally, Resume Worded offers access to a library of successful resume samples across industries and helps optimize job search strategies, increasing the chances of turning applications into interviews. Its AI-driven approach streamlines the job application process efficiently.
Pros
Real time analysis
Built with insights from recruiters
Cons
Advanced features comes at a higher cost
Limited customisations
Pricing
Plan
Pricing
Monthly
$49/month
Quartely
$49/month
One Year
$19/month
ResumeNerd
WEBSITE
WWW.RESUMENERD.AI
Rating
4.5
Free Trial
No
Best For
job seekers who want a user-friendly platform to create professional, ATS-friendly resumes quickly and easily
ResumeNerd – Best AI Resume Builder
ResumeNerd is a job career site using AI to help employment candidates easily generate professional resumes. Its user-friendly resume builder contains step-by-step guides, which provide pre-built bullet points for job positions to quickly select and edit. The ResumeScore component evaluates resumes in terms of structure, grammar, tone, and complexity to ensure industry compliance. JobNerd scans resumes against job descriptions and provides a compatibility score, keyword enhancement, and position-based tips to enhance interviewing chances.
There are the option for users to choose from a diverse group of adjustable, ATS-compatible templates that balance professionalism and modern appearance. Further, ResumeNerd also includes career news, such as resume and cover letter guidance, interview preparation, employment searching guidance, and career progress updates.
ResumeNerd offers custom pricing; contact them for a quote.
Resume.io
WEBSITE
RESUME.IO
Rating
4.5
Free Trial
No
Best For
job seekers who want to create professional resumes quickly and easily
Resume.io – Best AI Resume Builder
Resume.io is a perfect example of how artificial intelligence will change the resume and cover letter creating experience. It is a brilliant and easy to use operation, complete with editable ATS-friendly templates that help easy development of professionalism-in-line, job-specific resumes by seekers. The website has an AI resume builder as well as a cover letter builder, and a massive collection of sentences that help users to really fine-tune their descriptions of skills.
There is a link to share the resume in order to help distribute it, there are export options – PDF, DOCX – and an integration with job boards to help with the job search. All of this traffic and all of this performance is streamlined through Resume.io so that it is as accessible as possible to working professionals from every sector looking to change jobs.
Pros
Faster resume creation
User friendly interface
Access to over 500 resume examples
Cons
Limited features in free plan
Tough to cancel subscription
Pricing
Plan
Pricing
7 day trial
$2.95
6 months
$44.95
1 year
$74.95
Conclusion
In the current job market, having a well-made resume is essential for catching an employer’s eye. AI resume builders have reinvented the process at a personal level with ATS optimization and ease of use. These platforms come with varying features, prices, and personalization to select the most accurate one for an individual need. Resume writing automated by AI ensures that documents are made available for use and created to quality standards. Many offer add-on services like cover letter builders, LinkedIn profile optimization, and job tracking, which complements the services they provide to job seekers. This will improve the chances of securing interviews and ultimately landing that dream role for job seekers.
AI resume builders are online tools that use artificial intelligence to help you create professional resumes. They often offer features like automated formatting, content suggestions, keyword optimization, and performance analysis.
Why use an AI resume builder?
AI resume builders can save time and effort in resume creation. They can also help you identify areas for improvement and ensure your resume is optimized for applicant tracking systems (ATS).
Are AI resume builders free?
Most AI resume builders offer free trials or basic plans with limited features. Full access typically requires a paid subscription.
In the fast-paced world of startups, speed and cost-efficiency can determine success or failure. Traditional web app development often requires significant time, technical expertise, and financial resources—barriers that many small businesses and entrepreneurs struggle to overcome. Fortunately, AI-powered no-code tools are changing the game, making it easier than ever to build and deploy web applications without a team of developers or a hefty budget.
The Rise of AI-Powered No-Code Platforms
No-code platforms have been around for years, but the integration of artificial intelligence has significantly enhanced their capabilities. AI-driven tools can automate complex coding processes, offer smart suggestions, and optimize workflows, drastically reducing development time. Startups that once needed months to launch a minimum viable product (MVP) can now do so in weeks or even days. This acceleration allows businesses to test ideas quickly, gather user feedback, and iterate without burning through their resources.
Moreover, AI-powered no-code tools enable rapid prototyping and deployment, allowing startups to experiment with different functionalities without committing extensive resources. Whether building a customer portal, an e-commerce store, or an internal business tool, these platforms provide flexibility and ease of use.
Cost Reduction and Accessibility
One of the most significant advantages of AI-powered no-code tools is cost reduction. Hiring a team of developers or outsourcing web app development can be prohibitively expensive for early-stage startups. No-code solutions, on the other hand, eliminate the need for extensive coding knowledge, allowing non-technical founders and small teams to build functional applications at a fraction of the cost. Moreover, these platforms often offer scalable pricing models, enabling startups to pay only for what they use and scale as they grow.
Beyond the financial aspect, accessibility is another major benefit. No-code platforms lower the entry barrier for aspiring entrepreneurs, empowering individuals without technical backgrounds to create digital products. By leveraging drag-and-drop interfaces, pre-built templates, and AI-assisted design suggestions, startups can bring their ideas to life without extensive programming skills.
Real-World Applications
Many successful startups have already leveraged AI-driven no-code platforms to bring their ideas to life. For example, entrepreneurs in e-commerce can quickly develop custom storefronts, while service-based businesses can create automated booking systems without writing a single line of code. Additionally, AI enhances these platforms by providing features such as predictive analytics, chatbots, and workflow automation, which improve user experience and operational efficiency.
Furthermore, AI-driven no-code tools are being used to streamline business operations. Companies can integrate automated workflows, manage customer interactions, and analyze data without requiring complex backend development. Industries such as healthcare, finance, and education are also utilizing these platforms to build solutions that enhance efficiency and user engagement.
A Must-Have for Startups
With the increasing sophistication of AI in web app development, no-code solutions are no longer just a convenience—they’re a strategic necessity. Startups that adopt these tools gain a competitive edge by accelerating their go-to-market strategies and reducing overhead costs.
Platform like Hostinger’s is paving the way for this transformation, offering intuitive solutions that democratize software development. Entrepreneurs looking for an efficient way to build and scale their web applications should consider using the AI-powered Hostinger web app development tool to streamline their process and stay ahead in the digital landscape.
The Future of AI-Driven No-Code Development
The future of AI-powered no-code development is promising, with advancements in machine learning and automation driving even greater efficiency. As these platforms continue to evolve, we can expect enhanced integrations, better AI-driven decision-making, and more powerful customization options. The democratization of web development means that startups will have even greater opportunities to innovate without being hindered by technical limitations.
Additionally, as AI becomes more sophisticated, no-code tools will likely offer more advanced predictive capabilities, helping businesses anticipate user needs, personalize experiences, and optimize app performance in real-time. The potential for automation and intelligent decision-making in app development is vast, making AI-driven no-code platforms an invaluable asset for startups of all sizes.
Conclusion
AI-powered no-code tools are revolutionizing web app development, making it faster, cheaper, and more accessible for startups. By leveraging these platforms, small businesses can bring innovative ideas to market with minimal resources, allowing them to compete with larger enterprises. As technology continues to evolve, AI-driven development tools will become an essential asset for any startup looking to scale quickly and efficiently. Embracing these technologies today can position businesses for long-term success in the digital economy.
In the dynamic world of eCommerce, where efficiency and precision are paramount, Unicommerce stands as a beacon of innovation and reliability. Founded in 2012, Unicommerce has swiftly ascended to become India’s preeminent eCommerce enablement SaaS platform, setting new benchmarks in transaction processing and operational management.
What sets Unicommerce apart is its versatility. Unicommerce’s comprehensive suite of software as a service (SaaS) products is the lifeblood of its clients’ eCommerce operations. This suite empowers brands, sellers, and logistics service providers to manage their inventory across multiple locations, reduce fulfillment costs, and process orders from both online and offline channels with unparalleled efficiency.
With a steadfast client base and impressive growth metrics, Unicommerce is a powerhouse in the eCommerce sector. As of the quarter ending March 31, 2024, the platform boasts a staggering 790+ million annual transactions run-rate, serves over 3,500 eCommerce businesses, manages 8,600+ warehouses, and processes orders through 2,700+ stores. This consistent performance underscores Unicommerce’s pivotal role in the supply chain ecosystem.
As Unicommerce prepares for its IPO, it stands on the cusp of a new chapter, ready to further revolutionize eCommerce operations globally. The company’s relentless pursuit of excellence and innovation continues to drive its mission of transforming the eCommerce landscape, one transaction at a time.
Check this article to learn all the information about Unicommerce, its founders and history, its startup story, net worth, business model, revenue model, funding and investors, challenges, competitors, and more.
Unicommerce – Company Highlights
Company
Unicommerce
Headquarters
Gurugram, Haryana
Sector
Ecommerce enablement, SaaS
Founders
Ankit Pruthi, Karun Singla, Vibhu Garg, and Manish Gupta
Unicommerce is a leading eCommerce-focused supply chain SaaS technology platform that aims to streamline and optimize the supply chain management processes for various businesses. The company offers solutions that help businesses manage their orders, inventory, and warehouses efficiently, providing a seamless and integrated experience across multiple sales channels. Unicommerce serves clients across various sectors including eCommerce, retail, FMCG, and more.
Unicommerce – Industry
Unicommerce operates in the e-commerce SaaS (Software-as-a-Service) industry, which is growing quickly in India. The country’s SaaS market is expected to grow at a CAGR of 15-18%, crossing $50 billion in annual recurring revenue by 2030. This growth is driven by more businesses going digital, the rise of omnichannel retail, and companies looking for automation to improve efficiency. As a key player in this space, Unicommerce helps brands, retailers, and online sellers manage their supply chain and order processes more easily.
Retail Ecommerce Sales in India In 2019 to 2021, With Forecasts Until 2025
Unicommerce – Founders and Team
Unicommerce was founded in 2012 by IIT Delhi graduates Ankit Pruthi, Karun Singla, and Vibhu Garg. Later, in 2013, Manish Gupta joined as a co-founder.
In 2015, Snapdeal acquired Unicommerce, and as part of the deal, the founders agreed to stay with the company for two more years. By August 2017, after completing their commitment, all four founders, Pruthi, Singla, Garg, and Gupta, left the company.
Following their departure, Snapdeal appointed Kapil Makhija as CEO and Ankit Khandelwal as COO in July 2017 to lead Unicommerce. Later in 2019, Ankit Khandelwal also left the company.
As of February 2025, Kunal Bahl, co-founder of Snapdeal and a key figure in Unicommerce, remains associated with the company.
Kapil Makhija – CEO and MD, Unicommerce
Kapil Makhija – MD & CEO, Unicommerce
Kapil Makhija has been the CEO of Unicommerce since July 2017, leading its growth in the e-commerce SaaS sector. Before this, he was Head of Strategy & Operations from 2015 to 2017, focusing on seller onboarding, support, and retention.
He formerly worked at A.T. Kearney as a Senior Associate, advising businesses on strategy, supply chains, and market growth. Earlier, he held software engineering roles at Oracle and Qwest Software Services.
Kapil studied Computer Science at IIT Delhi and earned an MBA from IIM Bangalore. He also attended UNC Kenan-Flagler Business School as an exchange student.
Unicommerce – Startup Story
In 2012, IIT Delhi graduates Ankit Pruthi, Manish Gupta, and Kapil Makhija noticed the inefficiency in the back-end operations of India’s booming e-commerce market. Leveraging their technical skills, they aimed to create a solution to streamline order and inventory management for e-commerce companies. After extensive research into supply chain management, they launched Unicommerce, a SaaS platform designed to automate and simplify these complex operations, enabling businesses to focus on growth.
Unicommerce was established in 2012 with the vision of simplifying and automating the supply chain operations for eCommerce businesses. The startup began its journey by developing a robust platform that could handle the complexities of order and inventory management. Through continuous innovation and customer feedback, Unicommerce evolved its platform to cater to diverse industry needs, eventually becoming a trusted partner for many leading brands.
Unicommerce – Mission and Vision
Mission: Unicommerce aims to empower businesses by providing them with intelligent and scalable supply chain solutions that drive efficiency and growth. The company is committed to innovation, customer satisfaction, and excellence in service delivery.
Vision: Unicommerce envisions becoming the global leader in supply chain technology solutions, enabling businesses of all sizes to achieve operational excellence and unparalleled customer satisfaction.
Unicommerce – Name, Tagline, and Logo
Unicommerce Logo
Name: The name “Unicommerce” signifies the company’s unified approach towards commerce and supply chain management.
Tagline: “Simplifying E-commerce Operations”
Logo: The logo represents connectivity and seamless integration, reflecting the company’s core values of efficiency and simplicity in supply chain management.
Unicommerce – Business Model
Unicommerce operates on a B2B SaaS model, offering subscription-based access to its supply chain management platform. The company provides various modules and services that cater to different aspects of supply chain operations, such as order management, inventory control, warehouse management, and analytics. Clients can choose from different pricing tiers based on their business size and requirements.
Unicommerce – Revenue Model
Unicommerce has shown consistent revenue growth in recent years.
Unicommerce Financials
FY23
FY24
Operating Revenue
INR 90.06 crore
INR 103.58 crore
Total Expenses
INR 84.11 crore
INR 91.95 crore
Server Hosting Expense
INR 5.4 crore
INR 5.41 crore
Employee Benefit Expenses
INR 62.02 crore
INR 64.96 crore
Profit/Loss
INR 6.48 crore
INR 13.08 crore
Unicommerce Financials FY24
FY23: The company reported a revenue of INR 90 crore, marking a 52.5% year-on-year growth compared to INR 59 crore in FY22.
FY24: Unicommerce’s revenue further increased to INR 103 crore, showcasing a growth of 14% year-on-year.
Unicommerce generates revenue primarily through subscription fees for its SaaS platform. The company offers different pricing plans that vary based on the number of users, features, and level of support. Additional revenue streams include professional services such as implementation support, training, and consulting.
Unicommerce – Challenges Faced
Like any growing company, Unicommerce has faced several challenges, including:
Market Competition: The presence of other established supply chain management solution providers.
Scalability: Ensuring the platform can handle large volumes of transactions and data as the client base grows.
Customer Retention: Continuously innovate to meet evolving customer needs and retain clients in a competitive market.
Integration: Creating seamless integrations with various eCommerce platforms and third-party services.
Unicommerce – Funding and Investors
Unicommerce has raised capital through multiple funding rounds to fuel its growth and expansion. The company has attracted investments from prominent venture capital firms and strategic investors who believe in its vision and business model. Notable investors include Tiger Global Management and Bessemer Venture Partners.
Unicommerce ESolutions has raised a total of $11 million in funding over 4 rounds. Their latest funding was raised on Dec 16, 2021 from a Venture – Series Unknown round.
Announced Date
Transaction Name
Number of Investors
Money Raised
Lead Investors
Dec 16, 2021
Venture Round – Unicommerce ESolutions
1
—
SoftBank Vision Fund
Nov 7, 2014
Venture Round – Unicommerce ESolutions
1
$10 million
Tiger Global Management
May 28, 2013
Venture Round – Unicommerce ESolutions
1
—
Nexus Venture Partners
Dec 30, 2012
Series A – Unicommerce ESolutions
—
$1 million
—
Unicommerce – Investments
Unicommerce has strategically invested in technology development, market expansion, and talent acquisition to strengthen its market position. The company focuses on enhancing its platform capabilities, improving customer support, and expanding its presence in key markets.
Investors
Unicommerce ESolutions is funded by 3 investors. SoftBank Vision Fund and Tiger Global Management are the most recent investors.
Investor Name
Lead Investor
Funding Round
Partners
SoftBank Vision Fund
Yes
Venture Round – Unicommerce ESolutions
—
Tiger Global Management
Yes
Venture Round – Unicommerce ESolutions
—
Nexus Venture Partners
Yes
Venture Round – Unicommerce ESolutions
Anup Gupta
Unicommerce – IPO
In August 2024, Unicommerce eSolutions launched its Initial Public Offering (IPO) with shares priced between INR 102 and INR 108. The IPO received overwhelming interest, being oversubscribed 168.35 times by the closing date on 8th August 2024. On 13th August 2024, Unicommerce’s shares debuted on the stock market at INR 230 on the BSE, marking a 113% premium over the issue price, and at INR 235 on the NSE, reflecting a 118% premium. This strong market performance clearly showed investor confidence in Unicommerce.
Unicommerce – Mergers and Acquisitions
Over the years, Unicommerce has explored opportunities for mergers and acquisitions to enhance its product offerings and market reach. These strategic moves have helped the company to integrate complementary technologies and gain access to new customer segments.
In 2015, Unicommerce was acquired by Snapdeal to promote Jasper.
Unicommerce has witnessed significant growth since its inception, marked by an expanding customer base, increased revenue, and geographical expansion. The company’s commitment to innovation and customer satisfaction has earned it a strong reputation in the industry. Unicommerce continues to grow by entering new markets and forming strategic partnerships.
Unicommerce – Advertisements and Social Media Campaigns
Unicommerce leverages various marketing channels to promote its brand and solutions. The company runs targeted advertisements on digital platforms, participates in industry events, and engages with its audience through social media campaigns. These efforts aim to build brand awareness, generate leads, and educate the market about the benefits of its supply chain solutions.
Unicommerce – Awards and Achievements
Unicommerce has received several accolades and awards for its innovative solutions and contributions to the eCommerce and retail industry. These recognitions include industry awards for best supply chain management platform, customer excellence awards, and technology innovation awards.
It has won the 2023 SaaS Awards for Best SaaS Product For Supply Chain/Warehouse Management.
Unicommerce – Competitors
Unicommerce faces competition from other supply chain management solution providers such as:
These competitors offer similar solutions and target the same market segments, making it crucial for Unicommerce to continuously innovate and differentiate its offerings.
Unicommerce – Future Plans
Unicommerce aims to further solidify its position as a leader in supply chain management by:
Expanding Globally: Entering new international markets to serve a broader customer base.
Enhancing Product Offerings: Continuously improving and adding new features to its platform.
Strategic Partnerships: Forming alliances with key industry players to enhance its ecosystem.
Innovating with Technology: Exploring new technologies such as AI and blockchain to enhance supply chain efficiency and transparency.
These future plans are aligned with Unicommerce’s mission to empower businesses through intelligent supply chain solutions and drive efficiency and growth across the e-commerce ecosystem.
FAQs
What is Unicommerce?
Unicommerce is a leading eCommerce-focused supply chain SaaS technology platform that aims to streamline and optimize the supply chain management processes for various businesses.
When was Unicommerce founded?
Unicommerce was founded in 2012.
When was Unicommerce IPO launched?
In August 2024, Unicommerce eSolutions launched its Initial Public Offering (IPO) with shares priced between INR 102 and INR 108.
President, Donald Trump: The U.S. government has been considering tariff hikes on imports from various sectors, including pharmaceuticals, as part of broader trade policy measures. India’s basic customs duty on pharmaceutical imports is 10%. However, some lifesaving drugs and vaccines are exempt from this duty. Recently, the Indian government announced a full exemption to 36 lifesaving drugs from the basic customs duty—the U.S. doesn’t impose any import duty. Still, if the US enforces any tariffs based on diplomacy, India would need to lower its duties on US pharmaceutical imports
In a recent statement, Cipla CEO Umang Vohra highlighted, ” Indian pharmaceutical companies should not allow U.S. imposing heavy tariffs to dictate their business strategies. The discussion within the U.S. government regarding this tariff is raising concerns regarding the impact on Indian drug makers, who supply nearly 50% of the generic drugs in the U.S. market.”
Umang Vohra, Cipla CEO advice on tariffs
According to Vohra, suddenly shifting manufacturing bases or making major structural changes might not be the best solution. He notes that setting up new units or plants to avoid tariffs could lead to underutilization. Many pharmaceutical companies have already expanded their manufacturing units abroad, in countries like the US and Europe. However, moving more operations overseas to avoid tariffs could be costly and complicated. It would require regulatory approvals, skilled labor, and infrastructure development.
Vohra advises businesses to focus on their long-term goals, innovation, and efficient production instead of reacting impulsively to uncertain trade policies.
Dilip Shanghvi, Managing Director of Sun Pharma said, ” I don’t know how much difference tariffs will make to us and it will not justify relocating our manufacturing, Ultimately the tariff impact will be passed on to consumers.”
Crucial role of Indian Generics in the global market
Despite facing multiple challenges, India’s pharmaceutical industry plays a vital role in the global supply chain. It provides affordable generic medicines to countries around the world. Indian drug manufacturers are successful due to several factors including the production of medicines at a comparatively lower cost, they have access to a strong pool of talented professionals, and well-established regulatory processes.
The Indian industry is also expanding its presence in global markets such as Africa, Latin America, and Southeast Asia, which reduces the dependence on any single region. This strategic move has enabled Indian pharmaceutical companies to expand their global footprint and cater to the diverse needs of markets. Indian generics have a significant role in controlling drug prices, and a major shift from these imports could impact U.S. consumers and healthcare systems.
