This article has been contributed by Prakhar Gupta, Lead of ESG Initiatives at InCorp.
The shift towards sustainability as a concept has gradually evolved past corporate duty; it is turning into an essential requirement for businesses, particularly startups looking to make their mark in the global corporate landscape. Today’s investors, employees, and consumers are becoming increasingly aware of the environmental effects of businesses. Startups, known for their innovation, adaptability, and flexibility, have a great opportunity to integrate sustainable practices from the outset, ensuring lasting success in an environment-conscious world.
India’s Roadmap to a Net-Zero Economy
India is poised to play a critical role in the global effort to combat climate change. With a target of achieving net-zero emissions by 2070, the country has great potential to be at the forefront of balancing rapid economic growth with sustainable development. As we have seen with many other economies, setting an emissions target acts as a catalyst for consumers and businesses to work towards adopting sustainable practices. However, despite this goal, there is a long journey, particularly in reducing carbon emissions across key sectors.
As of 2021, India contributed about 7% of global CO2 emissions from combustible fuels, making it the 3rd largest CO2 emitter behind China and the USA. The energy sector alone accounts for about half of these emissions, while transportation, agriculture, and industrial processes are significant contributors.
India surpassed its 2030 climate goals 9 years in advance, with plans to invest $35 billion annually into advanced renewable energy technologies alone. Considering the track record so far, this sum does not seem to be a distant goal.
Moreover, the numbers speak for themselves and show that the country is looking to become a sustainable economy in the coming decades. Sustainability-focussed startups can take advantage of the relatively favourable policy structure supporting Indigenous sustainable development.
Importance: Sustainable Practices for Long-Term Success
Consumers Who Are Very Concerned About Environmental Sustainability
Adopting and following sustainable business practices is not just to abide by regulatory sanctions or tap into an eco-conscious customer base, it also displays the long-term vision that business decision-makers have in mind.
Companies that harm the environment by creating waste or emitting copious amounts of carbon are now seeing themselves imposed with restrictions or fines. Moreover, 9 in 10 millennials are willing to pay more for sustainable products and services – a radical shift from just two decades ago.
Moreover, to add to an already growing environmentally conscious customer base, such penalties directly or indirectly affect the balance sheets and EBITDA margins of businesses that haven’t taken steps to minimize environmental impact, hindering long-term growth. Below are some companies that are embracing change and leading the way in sustainable business practices.
Founded in 2013, Ather Energy is one of the most prominent players in India’s electric vehicle (EV) market, specializing in two-wheeler mobility. It also boasts an impressive charging infrastructure, with India’s largest two-wheeler EV fast-charging network.
Ather Energy has also announced that it is working on reducing its reliance on rare-earth metals, an initiative which will reduce its mining impact and Scope 3 emissions in the supply chain. Moreover, the company is adding to its renewable energy generation capacity, with 13% of current manufacturing energy requirements being met by solar panels. The company has also adhered to implementing the ISO 4001 environmental management system for continuous optimization.
BluSmart
BluSmart is India’s first all-electric ride-sharing service provider, tapping into a customer base looking for an eco-friendly alternative to traditional rideshare platforms like Uber and Ola. In doing so, BluSmart eliminates its Scope 1 emissions (direct emissions from the vehicles) and creates a positive impact on urban Air Quality Index (AQI).
In major Indian cities like Mumbai and Delhi, where a higher percentage of eco-aware consumers are located, and air pollution is becoming challenging to manage by the day, BluSmart’s model is helping consumers make cleaner transportation choices.
Zypp Electric
The rapid rise in e-commerce and food/grocery delivery platforms in India has led to a surge in last-mile deliveries, typically fulfilled using vehicles powered by CNG, petrol, or diesel. This is where Zypp Electric comes in – it aims to reduce the environmental impact of the logistics sector by using electric scooters to transport goods to the end consumer.
Its clientele includes food delivery and e-commerce giants like Flipkart and BigBasket, significantly reducing their Scope 1 emissions. As more businesses look to reduce their environmental impact, Zypp Electric is well-positioned to cater to growing demands.
Just Organik
Organic farming has been practiced in India since ancient times, but rapid industrialization and the use of chemicals like pesticides and insecticides have reduced water quality and soil fertility. Just Organik encourages organic farming practices across India, promoting processes to follow sustainable agriculture methods and reducing the overall upstream and downstream environmental impact of food production.
Even though India is moving towards an increasingly manufacturing and service-based economy, it is hard to ignore the social and strategic value of having agricultural self-sufficiency. By working directly with farmers, Just Organik helps ensure that more agricultural practices are aligned with maintaining the long-term quality of natural resources, thereby reducing Scope 3 emissions related to the food supply chain.
The Path Forward
‘Sustainability’ is not just a buzzword – it is now necessary for businesses that want to ensure long-term success and thrive. The startups highlighted in this blog are a few of many of the companies that are leading the fight against climate change. This is done by integrating sustainable practices into operations or helping customers and clients reduce their environmental impact.
As India moves towards a net-zero economy, the future belongs to startups of today that are willing to adapt, innovate, and contribute to a cleaner and greener world. Sustainability is not just the right choice – it is one of the deciding factors for long-term success!
Leading player in the electric two-wheeler market, Ola Electric, managed by Bhavish Aggarwal, has engaged EY India to manage its “service transformation” in the face of growing customer complaints, falling sales, and worsening after-sales service issues. The decision was made in response to growing demand on the business to enhance customer service.
This multinational consulting business, EY, is anticipated to help the manufacturer of electric two-wheelers in a number of service-related capacities. According to sources cited by a media house, the focus will be on optimising inventory and spare part management as well as streamlining corporate operations.
An Interim Three-Month Task
A few weeks ago, Ola Electric hired about a dozen EY professionals for a three-month initiative. The report stated that the relationship might be extended based on the outcomes. Helping Ola enhance its procedures, inventory control, and local service availability is the aim, especially in regions with robust sales but inadequate service assistance. The most significant obstacle has been finding replacement components and service staff.
According to the report, Bhavish Aggarwal is in charge of the entire process, indicating how important it is to the business plan.
Ola’s Reaction to Growing Criticism
With as many as 80,000 customer complaints each month going viral on social media and stories of Ola Electric vehicles collecting dust at repair locations, this calculated approach is a response to growing customer unhappiness. Both lawmakers and consumer watchdogs were drawn to the outcry.
Ola Electric was recently served with a show-cause notice by the Central Consumer Protection Authority (CCPA), which included possible abuses of consumer rights, deceptive advertising, and unfair business practices. More than 10,000 outstanding after-sales service concerns were highlighted in the notification. Ola Electric has made plans to grow its network of service centres in response to these problems, with the goal of increasing the number from 400 to 1,000 by the end of the year. Industry experts caution that expanding the number of centres alone might not address the main problem. An analyst said, “Instead of growing, the company should concentrate on enhancing the quality of current service stations.”
Ola’s Internal Issues and Diminishing Sales
A spike in customer complaints about hardware flaws, software bugs, and after-sale service has been difficult for Ola Electric to handle. Sales and market share have decreased as a result in recent months. With three heads of service quitting in the last two months, the company’s high turnover rate worsens these problems. Ola Electric has had a brief increase in sales this month despite these setbacks because of extensive discounting. Based on statistics retrieved from the Vahan portal, the business had registered over 15,672 vehicles as of October 14, increasing its market share to 34%.
Although this gives the manufacturer of electric vehicles some respite, analysts have cautioned that the surge is mostly due to the holiday season and substantial discounts, which may not be long-term viable. Furthermore, according to market analysts, this month’s sales numbers are still below those of previous months this year.
US, 17 October 2024: Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly Report: US FinTech Q3 2024. The report, based on Tracxn’s extensive database, provides insights into the US FinTech space.
The US boasts of a bustling FinTech landscape, with more than 7K funded companies and 137 active FinTech Unicorns. Though the US ranks first globally in terms of funding in the FinTech sector in Q3 2024, this is the least funded quarter in the past five years. Q4 2021 was the highest funded quarter in this space, after which the funding started to experience a steady decline.
The US FinTech startup ecosystem raised $2.7 billion in Q3 2024, a 30% decline compared with $3.9 billion raised in Q3 2023 and a 40% decline from $4.5 billion in Q2 2024. Late-stage funding in Q3 2024 fell 32% to $1.3 billion, from $1.9 billion raised in Q3 2023. Early-stage investments stood at $1.2 billion in Q3 2024, a drop of 29% from $1.7 billion in Q3 2023. Seed-stage funding, too, fell 49% to $186 million from $364 million in Q3 2023.
Three companies attracted funding of $200 million and above. Human Interest raised $267 million in a Series D round at a post-money valuation of $1.33 billion, while FLYR raised $225 million in a Series D round. Earned Wealth secured $200 million in a Series B round. Three other companies reported $100M+ rounds, with Aven becoming the only new unicorn in the third quarter of this year, after raising $142 million at a valuation of $1 billion.
Finance and Accounting Tech, Payments, and Investment Tech were the top-performing sectors based on funding in Q3 2024 in this space. The Finance & Accounting Tech segment witnessed total funding of $643 million in Q3 2024, a drop of 34% compared to $967 million raised in Q3 2023.
Funding raised by the Payments sector fell 22% to $573 million in Q3 2024 from $737 million in Q3 2023. Investment Tech companies raised a total funding of $547 million in Q3 2024, 18% lower than the $669 million raised in Q3 2023.
The third quarter of 2024 was weak in terms of exits. None of the companies from the US FinTech sector went public in Q3 2024, as against one IPO each in Q3 2023 and Q2 2024. The number of acquisitions too, fell to 48 in Q3 2024 from 54 in Q3 2023 and 62 in Q2 2024. ShareFile was acquired by Progress at a price of $875 million, and Stronghold Digital Mining was acquired by Bitfarms for $175 million.
Among US cities, San Francisco and New York City together accounted for 50% of the total funding raised by the sector in the third quarter of this year. FinTech startups based in San Francisco raised $750.2 million, while those headquartered in New York City and Santa Monica raised $610.1 million and $225 million.
Y Combinator, Techstars, and a16z are the overall top investors in this space. Y Combinator, Castle Island Ventures & Plug, and Play Tech Center were the top seed-stage investors in Q3 2024, while Curql, Redpoint Ventures and Brewer Lane Ventures took the lead in early-stage investments.
The US government is taking several initiatives to stimulate investment and innovation in the FinTech sector, which could give a boost to these startups in the coming years.
(Data for Q3 2024 covers the period from July 1, 2024, to September 30, 2024)
All such reports are available on the Tracxn website: tracxn.com.
About Tracxn
Tracxn Technologies Ltd. is a data intelligence platform for private market research, tracking 3 million entities through 2600+ feeds categorized across industries, sub-sectors, geographies, and networks globally. It has become one of the leading providers of private company data and ranks among the top five players globally in terms of the number of companies and web domains profiled.
This article has been contributed by Chris White, Vice President – Global Competency.
Cloud computing is an essential element of modern business strategy. Organizations globally are slowly recognizing the positive ROI that cloud operations can provide for their company. We believe that companies with a clearly defined cloud strategy focused on business outcomes and cross-functional governance structure are more likely to realize the value and return on their cloud investments. In this article, we will share our perspective on how companies can enable their cloud strategy and drive business outcomes.
According to the State of Cloud 2023 report, 94% of leaders use cloud services for their technological initiatives. Nevertheless, there’s a difference between simply using cloud services and truly harnessing its power to positively impact business outcomes and outperform competition. The report also reveals that, while cloud adoption is widespread, most organizations still struggle to operationalize cloud computing as a strategic advantage.
This gap between cloud adoption and strategic cloud utilization highlights the essence of developing robust cloud competency within organizations. Cloud competency goes beyond technical knowledge—it includes aligning cloud initiatives with business goals, optimizing costs, and driving innovation.
Benefits of Cloud Competency
1. Scale and Flexibility
One of the major advantages of cloud competency is the ability to scale rapidly and flexibly in response to developing business demands. For example, a B2B shopping marketplace often witnesses increased foot traffic and purchase volumes in certain seasons. Therefore, strong cloud competency can help the organization proactively plan and optimize its infrastructure to handle boosted demands—ensuring that the online business doesn’t crash during peak periods.
A cloud-equipped organization can:
Quickly expand or contract its resources as per the need
Take advantage of new business opportunities by rapidly deploying new services
Optimize its costs by scaling down during low transactional periods
2. Timeliness and Operational Efficiency
Cloud competency enables your organization to identify and solve problems in real-time, significantly reducing downtime and improving overall operational efficiency.
The State of Cloud 2023 report highlights that only 61% of organizations can push out new codes to consumers more than once per month. Cloud-competent organizations that focus on driving business outcomes are more likely to develop support models that are proactively managing cloud operations that result in:
Reduced downtime through rigorous DevOps and testing strategies to minimize disruption from unplanned events
Product-centric delivery models that are best positioned to continue to enhance as well as be responsive to shifting demands on cloud operations
Efficient decision-making models that reduce time-to-market in response to support business demands enabled by cloud
Financial Operations (FinOps) is an important aspect lacking in most organizations. It lacks effective governance models, resulting in many organizations overspending on cloud services. Organizations that embrace FinOps principles in their cloud governance models are far more likely to maximize the value of their cloud investments.
The State of Cloud 2023 report indicates that 71% of leaders expect their cloud budgets to increase over the next 12 months. That investment will grow exponentially as companies adopt AI as part of their operational capabilities. These increased investments necessitate implementing strong cross-functional governance models that focus on directly linking cloud investment and priorities to company objectives.
Leveraging FinOps to Drive Value Realization
To massively gain value from your cloud investments, your company should focus on the core elements of FinOps:
Clear understanding of business objectives and capabilities that translate to KPIs to prioritize cloud investments and value realization
Visibility and allocation of cloud costs
Optimization of cloud resources in alignment with driving KPIs
Continuous improvement and automation driven by ongoing spend analysis and KPI performance
By developing competency in these areas, your company can gain the most value from cloud investments while avoiding unnecessary expenses.
Establish a Strong Governance Structure
If you believe that cloud competency is entirely about technical skills, you are only half correct—the other half is dedicated to establishing the right governance structures. The State of Cloud 2023 report reveals that only 20% of organizations have defined cloud policies, a cloud disaster recovery plan, cloud SLA policies, and cloud governance.
Developing competency in these areas enables your company to ensure that cloud initiatives align with business objectives and comply with regulatory requirements.
A strong governance structure should include:
Clearly defined roles and responsibilities
Policies for cloud usage and security
Disaster recovery and business continuity plans
Regular audits and compliance checks
The Path to Value Realization
Companies that understand the importance of strategy and governance are far more successful in maximizing the benefits realized from their cloud investments. Furthermore, companies must continuously assess and re-prioritize their cloud investments to maintain responsiveness to shifting business priorities.
To walk on the path to value realization through cloud competency, your organization should:
Develop a comprehensive cloud strategy aligned with business objectives
Invest in continuous learning and development for both technical and non-technical staff
Implement robust FinOps practices to optimize cloud spend
Establish strong governance structures to ensure compliance and risk management
Regularly measure and report on cloud-driven business outcomes
By focusing on these areas, your organization can transform its approach to cloud computing from a tactical necessity to a strategic advantage—driving innovation, efficiency, and competitive edge.
Are you managing the cloud, or is the cloud managing you?
Dubai, October 10, 2024: Web3 and AI consulting giant VAP Group is pleased to announce thesecond edition of the Global AI Show, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. The event will be held under the official support of the United Arab Emirates Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Office. With its theme of ‘AI 2057: Accelerating Intelligent Futures’, the Global AI Show is set to host C-suite executives, ministry officials and leaders from the world’s top companies who will explore the cutting edge technological developments across the UAE and the globe.
The Cyber Security Council is the strategic partner of the two-day event organized by VAP Group and powered by a leading media network Times of AI. It will be led by a multidisciplinary advisory board – the Global AI Advisory Board – composed of industry experts such as Jamie Metzl, Healthcare Futurist, Geopolitical Expert and Author of Hacking Darwin; Alaa Moussawi, Chief Data Scientist at the New York City Council, among others, who will regularly meet to discuss key industry developments through the year as well as be the committee steering conversations that happen live on stage.
“The Global AI Show is more than just a one-time event. With over 100 C-suite speakers and a community of over 110,000 people, it will bring the whole AI ecosystem under one roof,” said Vishal Parmar, Founder and Chief Executive Officer of VAP Group.
H.E. Dr. Mohammed Al Kuwaiti, Head of Cyber Security Council, UAE Government; Lt. Col. Dr. Essa Al Mutawa, Chief AI Officer, Dubai Civil Defence H.Q.; Dr. Marwan Alzarouni, CEO – AI, Dubai Economy and Tourism; Georges De Moura, Group CISO & Vice President, EDGE; Dr. Dirk Jungnickel, SVP Enterprise & Analytics & Intelligence, Emirates Group; Alexis Jean-Baptise, Chief Data & Analytics Officer, LÓreal, and many more will be present to lead discussions around the application and future of AI in various industries.
While the world is gearing towards an AI-driven future, where technological evolution has unveiled a transformed tomorrow full of possibilities, significant risks, concerns and questions continue to persist. How effective are the emerging strategies for governing AI? How is AI already making groundbreaking progress that may alter the course of humanity? Where do the major opportunities lie between the potential benefits and fear surrounding these monumental changes?
“The Global AI Show is committed to steer these crucial conversations, unravel answers, navigate groundbreaking developments and explore strategies that balance the transformative potential of AI in a multitude of sectors including healthcare, cybersecurity, governance, fintech, data and analytics,” said Vishal Parmar.
Do not miss this opportunity to connect with visionaries in the AI industry.
About VAP Group: VAP Group, established in 2013, is a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development, and events and media management. Led by CEO Vishal Parmar, VAP Group continues to drive innovation through strategic PR and influencer marketing, bounty campaigns, and global conferences. Their flagship events, the Global Blockchain Show and Global AI Show, showcase the brightest minds in these transformative fields. Known for its creativity and forward-thinking approach, VAP Group remains at the forefront of blockchain and AI consultancy.
For media inquiries, exclusive interviews, or press passes, please reach out to: media@globalaishow.com.
The T30, India’s first high-voltage electric motorcycle, was introduced by Chennai-based electric vehicle company Raptee.HV for INR 2.39 lakh. The bike, according to the manufacturer, is reasonably priced when compared to motorbikes with 250–300cc internal combustion engines (ICEs) and uses technology similar to that of electric cars.
The Raptee T30’s ability to work with universal charging standards is one of its primary features. The motorbike has an onboard charger, and it can be charged at any of the 13,500 CCS2 vehicle charging stations located all throughout the nation. It is anticipated that this network will grow much more in the upcoming year.
The CEO and co-founder of Raptee.HV, Dinesh Arjun, stated that the company’s objective was to honour motorcycling with truly innovative technology rather than to build just an electric motorcycle. According to the brand, their HV technology is the final component needed to expedite the electrification of motorbikes and completely transform the way they are manufactured going forward.
Deliveries Ftarting from January
Beginning in January, Raptee T30 deliveries are scheduled to take place in Chennai and Bangalore. Depending on demand, additional cities may be included later. At its Chennai headquarters, Raptee.HV will also launch Tech Store.HV, its first experience centre.
In order to reach a wider audience, Raptee.HV plans to provide both traditional dealership models and direct-to-consumer solutions. In order to provide customers with long-term certainty, the motorcycle also comes with an 8-year or 80,000-kilometre warranty.
Specifics of T30
The T30 has a real-world range of over 150 km per charge, and an Indian Driving Conditions (IDC)-estimated range of 200 km. It takes less than 3.5 seconds to accelerate from 0 to 60 kmph. According to legal requirements, the bike has a robust IP67-rated battery pack that is waterproof and dust-resistant.
Regenerative braking and a dual-channel ABS braking system are included on the new Raptee T30. It has a CCS2 charging port and a 5.4 kWh Li-ion battery. The business claims that fast charging with a car charging station takes about 36 minutes, and charging from 20% to 80% at 3.3 kW takes about 60 minutes.
To ensure a seamless and simple user experience, Raptee.HV has created all the electronics in-house, including a specially designed operating system based on automotive-grade Linux. Four colour options for the T30 are planned: Eclipse Black, Mercury Grey, Arctic White, and Horizon Red.
Raptee.HV was established in 2019 and is based in Chennai’s Manapakkam. It employs about 120 people. In order to assist its innovation and scaling initiatives, the company has secured a grant of INR 3.27 crore from ARAI and has acquired 40 acres of property in Cheyyar for future expansion.
Union Telecom Minister Jyotiraditya Scindia stated on September 14, 2024, that state-run telecom company BSNL will finish rolling out locally built 4G technology through 1 lakh base stations by May of next year and then transition to a 5G network by June of 2025. Speaking at the US-India Strategic Partnership Forum, Scindia asserted that India will lead the world in 6G technology, having marched with it in 5G and 4G.
According to the minister, Prime Minister Narendra Modi has made it quite clear that the government-owned business will not make use of other parties’ equipment.
“We now have a fully operational radio access network and a core. One lakh locations are planned by April or May of the next year. As of right now, 38,300 locations have been deployed. Our own 4G network will be launched and will transition to 5G by June 2025,” he said. According to Scindia, India will be the sixth nation in the world to be able to accomplish it.
India Among the Fastest Nations to Roll Out 5G Network
According to Scindia, India has implemented 5G technology at the fastest rate globally, having installed 4.5 lakh towers in 22 months to reach 80% of the nation’s population.
He said that the telecom industry in India has completely changed, with the number of broadband connections having increased to 940 million from about 60 million a decade ago.
“Ten years ago, a voice call cost 50 paisa; today, it just costs three paisa. The price per voice call has decreased by 96%. Ten years ago, the cost of one gigabyte of data was INR 289, which is about equivalent to three and a half dollars now, or 12 cents. Consequently, exponential penetration and acceptance have been observed,” the minister stated.
He claimed that the Prime Minister consistently advocates for the construction of quality service rather than merely building towers. India should establish itself as a product nation and reposition its telecommunications as a means to a service rather than an end product.
India-US Strategic Ties
Regarding strategic relations between the US and India, the minister stated that both nations are taking steps to ensure that their partnership transcends technological advancements.
“This was a historic visit for the prime minister to the US. For the first time, we have reached a consensus to establish a fabrication unit (fab) in India to provide chips for US defence,” he commented. According to Scindia, it would have profound effects on both the US and India.
Bengaluru is infamous for its traffic, often turning even the simplest commute into a test of patience. But in a potentially game-changing move, Bangalore International Airport Limited (BIAL) has teamed up with Sarla Aviation to bring a futuristic travel solution straight out of a sci-fi movie. This partnership aims to cut down the 1.5-hour drive to the airport to just five minutes, (yes, you read that right) using an electric-powered, seven-seater aircraft known as eVTOL.
If you’re wondering what on earth an eVTOL is, it stands for “electric Vertical Takeoff and Landing” aircraft, essentially an airborne vehicle that lifts off and lands like a helicopter but runs entirely on electric power. Sarla Aviation, an aerospace component manufacturing company, announced this partnership with BIAL, making Bengaluru India’s first airport to provide such advanced air mobility solutions.
The prospect of zipping over traffic in an electric air taxi sounds almost too good to be true, but Sarla Aviation insists it’s closer to reality than we might think. According to the company, their eVTOL is designed to slash commute times in urban settings. Here’s a better real world example for Bengaluru Folks: what usually takes 152 minutes by road from Electronics City to the Bengaluru Airport could be reduced to under 20 minutes. Thus, it is like flying over the chaos of trucks, buses, and bikes at a breezy 250 km/h, cutting through city congestion like a hot knife through butter.
What’s particularly fascinating is the tech behind this marvel. The eVTOL runs on four double-isolated battery packs powering seven electric motors. It’s capable of flying distances of up to 160 km, though it’s optimised for those short, often infuriating 20-40 km inner-city trips that make city life so exasperating. In the future, this tech could be a game changer for anyone who regularly deals with urban sprawl right from a daily commuter or a business traveller desperate to avoid missing yet another flight.
Now, as exciting as this innovation sounds, it’s worth noting the practicality of it all. First, there’s the matter of cost. Sarla Aviation has pegged a ticket for the Bengaluru Airport-Electronics City route at ₹1,700. While that’s not prohibitive for frequent flyers or business professionals, it’s still not in the budget-friendly range for the average commuter.
If Sarla wants mass adoption, pricing strategies will need a rethink, especially as they expand to other cities like Mumbai and Delhi. The company claims the aircraft can perform back-to-back 40 km trips with just 15 minutes of charging in between. However, the real test will be infrastructure. It’s one thing to develop futuristic air taxis. However, it’s another to ensure they integrate seamlessly into a city’s existing transportation ecosystem.
Bengaluru is notorious for its infrastructural limitations, and questions remain about whether the city can support these flying taxis at scale. What will the environmental impact be? How will regulations adapt? There’s also the challenge of public perception — many might hesitate before jumping into an aircraft for a 20-minute hop to the airport.
Sarla Aviation has been proactive in addressing these concerns. Last week, they met with Civil Aviation Minister Ram Mohan Naidu Kinjarapu and the Directorate General of Civil Aviation (DGCA) to discuss policies around urban air mobility. Their goal? To make India a leader in this space and ensure smooth regulatory pathways for advanced air mobility (AAM) technologies.
It’s an ambitious vision, and the success of this project could set a precedent for cities across the country. While the dream of soaring above Bengaluru’s infamous gridlock sounds enticing, there’s no denying the hurdles Sarla Aviation faces. From pricing and infrastructure to regulatory challenges, their journey has just begun. But if they can pull it off, Bengaluru could become a model city for how urban air mobility can revolutionise the way we travel through the congested metropolises.
At the end of the day, Sarla Aviation’s partnership with BIAL feels like a step toward the future. Whether this takes off (pun intended) will depend not just on technological innovation, but also on how thoughtfully the company approaches real-world challenges like affordability, scalability, and public trust.
Leading company in the quick commerce space, Blinkit, has extended notice periods for its staff, especially for senior management. A media source claims that this modification, which increases the notice period from zero to two months, is intended to help employers retain talent.
The choice to change employment contracts was made because Blinkit is up against competition in an industry that is estimated to be worth $5.5 billion. Talent retention is a key priority for Blinkit, as rivals like Zepto and Swiggy compete for a piece of this lucrative industry. The pressure to hang on to qualified employees has increased with well-funded competitors like Zepto recently investing $340 million and bigger firms like Walmart launching Flipkart Minutes in several Indian cities.
Initiative Provides Safeguarding Against Poaching
Blinkit’s action is both proactive and reactive to the current situation. To prevent competitors from poaching, the notice time has been extended. Blinkit is aware that offers from competitors, especially those with substantial financial resources, may entice their best employees to leave.
This policy was implemented in July 2024 by Zomato, the company that runs Blinkit, and it represents a move towards greater safeguards for its employees. The goal of the policy is to provide a safety net that enables the business to keep workers on for longer. Considering how quickly talent is moving in the quick commerce industry, this is not surprising. According to a media report, “A lot of companies are doing that, and Blinkit is taking measures to avoid losing talent.”
Additionally, it has been stated that Blinkit has started putting staff members who want to join direct competitors on garden leave for a period of two months. This strategy aims to stop confidential information from being disclosed.
Quick Commerce Companies Facing Severe Challenges
Although Blinkit is making a lot of efforts to protect its talent, it is not the only company in the industry dealing with these difficulties. Because these businesses have similar skill sets, quick commerce companies like Swiggy have been actively hiring from giants of online shopping like Amazon and Flipkart. Quick commerce companies have established a “hunting ground” for talent in areas linked to product design, backend operations, and advertising campaigns, making poaching a regular occurrence.
Companies such as Zepto, for example, have garnered media attention for their aggressive hiring practices, providing extremely competitive compensation and sizeable yearly raises to entice top performers. Employees may end up with yearly pay increases as a result of these tactics, which will increase the industry’s rivalry for talent.
If you live in India then it is impossible to not have an idea of what Tata does and what it is. The commodities of Tata Group can be found anywhere and everywhere all over the country. From vehicles to salt, it has become a household name all over India; in fact, not only in India, it has become a well-known brand in the whole world. This multinational company is ruling the hearts of people for over 150 years and with the way it is expanding and performing, it is not going to stop anytime soon.
Tata is not offering you a single component, this multinational company is offering you multiple things, and they have something to provide to the people in every industry. Tata Group first started its journey in the year 1868, Jamsetji Tata was the founder, and it is one of the oldest and largest industrial groups in India.
All the companies that Tata Group owns are independently operated, they have different boards of directors and shareholders and the company works under their management. Wondering, how many companies does Tata own?
Read this article to learn about all the companies owned by Tata, the multinational giant. So let’s get started.
“I have been constantly telling people to encourage people, to question the unquestioned and not to be ashamed to bring up new ideas, new processes to get things done.” – Ratan Tata
Tata Chemicals is a well-renowned player in the chemical industry. It was founded in 1939 and is headquartered in Mumbai, Maharashtra. Its operations are spread across India, North America, and Africa. It has the third-largest soda ash production plant capacity in India.
Tata Steel Limited
Tata Owned Company
Tata Steel Limited
Founded
1907
Current CEO
Thachat Viswanath Narendran
Website
Tatasteel.com
Tata Owned Companies – Tata Steel Limited
Tata Steel is among the top global steel companies with an annual crude steel capacity of 34 million tonnes annually. It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the globe. It is based in Jamshedpur, Jharkhand, and headquartered in Mumbai, Maharashtra.
Tata Coffee Limited
Tata Owned Company
Tata Coffee Limited
Founded
1922
Current CEO
Chacko Purackal Thomas
Website
Tatacoffee.com
Tata Owned Companies – Tata Coffee Limited
Tata Coffee traces its origins back to 1922 when it was formed through the merger of two plantation companies. It became part of the Tata Group companies and was officially renamed Tata Coffee Limited in 2000. The integration of Tata Coffee into Tata Consumer Products signifies a transformative change in its business strategy, designed to harness the synergies within the Tata Group and boost growth in the increasingly competitive beverage sector. Tata Starbucks was founded in 2012 and is a joint venture between Tata Consumer Products and Starbucks Corporation.
Tata Trent, one of the Tata companies is the retail subsidiary of Tata Group, founded in 1998. Trent operates various retail formats, including Westside, Zudio, Star Bazaar, and Landmark. These formats cater to different segments of the Indian market. It is headquartered in Mumbai.
Tata Communications
Tata Owned Company
Tata Communications
Founded
1936
Current CEO
Amur Lakshminarayanan
Website
Tatacommunications.com
Tata Owned Companies – Tata Communications
Tata Communications Limited, one of the Tata companies, originally known as Videsh Sanchar Nigam Limited (VSNL), is a prominent Indian telecommunications company. Before being acquired by the Tata Group in 2002, it operated as a government-owned entity, overseen by the Department of Telecommunications, Ministry of Communications, and the Government of India. The privatization occurred under the leadership of the Third Vajpayee Ministry, marking a significant shift from public to private ownership. It is headquartered in Mumbai.
Tata Play
Tata Owned Company
Tata Play
Founded
2006
Current CEO
Harit Nagpal
Website
Tataplay.com
Tata Owned Companies – Tata Play
Tata Play, one of the Tata Companies is an Indian subscription-based satellite television (DTH) service provider, that utilizes MPEG-4 digital compression technology and broadcasts via the INSAT-4A, GSAT-10, and GSAT-24 satellites. Established in 2005, Tata Play currently offers over 630 channels, including 543 SD channels and 91 HD channels, along with a variety of value-added services. It is the largest DTH provider in India. As of March 2023, Tata Play serves 21.3 million subscribers, accounting for 32.65% of the total DTH user base in the country, according to TRAI data. It is headquartered in Mumbai.
Tata Teleservices
Tata Owned Company
Tata Teleservices
Founded
1996
Current CEO
Harjit Singh
Website
Tatatelebusiness.com
Tata Owned Companies – Tata Teleservices
Tata Teleservices, a Tata enterprise, is a leading provider of telecommunications services in India headquartered in Mumbai, offering fixed-line telephony, broadband, and enterprise solutions for both retail and business customers. The company focuses on voice, data, and managed services, with a particular emphasis on supporting the digital transformation of small and medium enterprises (SMEs) through services like cloud applications, Internet of Things (IoT) solutions, and cybersecurity.
Tata Consultancy Services
Tata Owned Company
Tata Consultancy Services
Founded
1968
Current CEO
K Krithivasan
Website
Tcs.com
Tata Owned Companies – TCS
Tata Consultancy Services (TCS) is a prominent Indian multinational technology firm specializing in information technology services and consulting. Headquartered in Mumbai, TCS is a key player in the Tata Group companies and operates in 150 locations across 46 countries worldwide. It ranks as the second-largest Indian company in terms of market capitalization.
Tata Digital
Tata Owned Company
Tata Digital
Founded
2019
Current CEO
Naveen Tahilyani
Website
Tatadigital.in
Tata Owned Companies – Tata Digital
Tata Digital, one of the Tata Group companies, is an innovative company that creates consumer-driven and highly engaging digital products. Tata Neu is the Tata Group’s first launch, a super-app that provides omnichannel rewards across various consumer segments including groceries, fashion, electronics, travel, health, fitness, entertainment, and financial services, all in a single platform. Tata Digital Private Limited, a wholly-owned subsidiary of Tata Sons Private Limited, was founded in March 2019.
Tata Technologies
Tata Owned Company
Tata Technologies
Founded
1989
Current CEO
Warren Harris
Website
Tatatechnologies.com
Tata Owned Companies – Tata Technologies
Tata Technologies Limited is one of the companies owned by Tata which is an Indian multinational technology company, that focuses on product engineering and provides services to original equipment manufacturers (OEMs) in the automotive, aerospace, and industrial machinery sectors. It operates as a subsidiary of Tata Motors.
Headquartered in Pune, Tata Technologies also has regional headquarters in Detroit, Michigan, USA.
Tata AutoComp Systems is a prominent Tier-I supplier in the global automotive industry. Headquartered in Bengaluru, they manufacture components used in the production of automobiles, trucks, and buses, with a strong focus on ensuring the highest quality in everything they produce.
Voltas Limited
Tata Owned Company
Voltas Limited
Founded
1954
Current CEO
Pradeep Bakshi
Website
Voltas.com
Tata Owned Companies – Voltas, a Tata Product
Voltas Limited, an Indian multinational home appliances company based in Mumbai, specializes in designing, developing, manufacturing, and selling a wide range of products, including air conditioners, air coolers, refrigerators, washing machines, dishwashers, microwaves, air purifiers, and water dispensers. The company was established on 6 September 1954 in Mumbai through a collaboration between Tata Sons and Volkart Brothers.
Titan Company Limited
Tata Owned Company
Titan Company Limited
Founded
1984
Current CEO
C K Venkataraman
Website
Titancompany.in
Tata Owned Companies – Titan Company Limited
Titan Company Limited, part of the Tata Group, is a leading Indian brand known for crafting stylish fashion accessories like jewelry, watches, and eyewear originally launched as a joint venture with TIDCO, Titan’s corporate headquarters are located in the vibrant Electronic City, Bangalore, while its registered office is based in Hosur, Tamil Nadu. In 1994, Titan expanded by entering the jewelry market with Tanishq, followed by entering the eyewear industry with the launch of Titan Eyeplus. In 2005, the company introduced Fastrack, a youth-focused fashion accessories brand.
Tata Advanced Systems
Tata Owned Company
Tata Advanced Systems
Founded
2007
Current CEO
Sukaran Singh
Website
Tataadvancedsystems.com
Tata Owned Companies – Tata Advanced Systems
Tata Advanced Systems Limited (TASL) is an Indian company specializing in aerospace manufacturing, military engineering, and defense technology. It is part of the Tata Group and is dedicated to providing innovative solutions and advanced systems for the defense and aerospace sectors. TASL engages in various projects, including the development of unmanned aerial vehicles (UAVs), helicopters, and other cutting-edge technologies to enhance national security and support the Indian Armed Forces.
Tata Asset Management
Tata Owned Company
Tata Asset Management
Founded
1994
Current CEO
Prathit Bhobe
Website
Tata.com/business/tata-asset-management
Tata Owned Companies – Tata Asset Management
Tata Asset Management Private Limited (TAM) is one of the first asset management companies established in India, with a remarkable history of almost thirty years in the investment management sector.
Tata AIG
Tata Owned Company
Tata AIG
Founded
2001
Current CEO
Neelesh Garg
Website
Tataaig.com
Tata Owned Companies – Tata AIG
Tata AIG General Insurance Company Limited is an Indian general insurance provider and a company owned by Tata. It was established as a joint venture between the Tata Group and American International Group (AIG), where Tata Group holds a 51% stake and AIG controls the remaining 49%.
Launched on 22 January 2001, Tata AIG General Insurance caters to both individual and corporate clients. The company offers a comprehensive range of general insurance products, including coverage for automobiles, homes, personal accidents, travel, energy, marine, property, and casualty, along with specialized financial lines.
Tata AIA Life Insurance Company Limited is a dynamic Indian joint venture between Tata Sons and AIA Group, blending Tata’s strong leadership in India with AIA’s status as the largest independent listed pan-Asian life insurance group, operating across 18 markets in the Asia-Pacific region. Tata Group owns a 51% stake in this venture, while AIA Group holds the remaining 49%.
Tata Capital
Tata Owned Company
Tata Capital
Founded
2007
Current CEO
Rajiv Sabharwal
Website
Tatacapital.com
Tata Owned Companies – Tata Capital
Tata Capital Limited is one of the companies owned by Tata and is a prominent financial and investment service provider in India, which is headquartered in Mumbai. With over 700 branches nationwide, the company offers a wide range of services, including consumer loans, wealth management, commercial finance, and infrastructure financing, among others.
Tata Housing
Tata Owned Company
Tata Housing Development Company Limited
Founded
1984
Current CEO
Sanjay Dutt
Website
Tatahousing.com
Tata Owned Companies – Tata Housing
Tata Housing Development Company Limited is a company owned by Tata, and a top real estate developer in India, recognized for its focus on quality and innovation. As a part of the Tata Group, Tata Housing specializes in building residential properties that range from affordable homes to luxury residences. With projects in various cities across the country, the company prioritizes sustainable practices and community development, striving to improve the living experience for all its residents.
Tata Owned Companies – Tata Realty and Infrastructure
Founded in 2007, Tata Realty & Infrastructure Ltd (TRIL), a company owned by Tata, initially focused on commercial real estate. As a fully-owned subsidiary of Tata Sons, TRIL has evolved into the complete real estate division of the Tata Group, expanding its reach into both commercial and residential markets.
Tata Consulting Engineers
Tata Owned Company
Tata Consulting Engineers
Founded
1962
Current CEO
Amit Sharma
Website
Tce.co.in
Tata Owned Companies – Tata Consulting Engineers
Tata Consulting Engineers Limited (TCE) is the largest engineering and project consultancy and is one of the companies owned by Tata in the Indian private sector which is rapidly becoming a global leader in integrated engineering solutions.
Tata Power Company Limited
Tata Owned Company
Tata Power Company Limited
Founded
1911
Current CEO
Praveer Sinha
Website
Tatapower.com
Tata Owned Companies – Tata Power Company Limited
Tata Power Company Limited is a leading Indian electric utility and electricity generation company based in Mumbai and a company owned by Tata. It boasts an impressive installed capacity of 14,707 MW, with 5,847 MW derived from non-conventional (green energy) sources and the rest from thermal power. This makes Tata Power India’s largest integrated power company.
Air India
Tata Owned Company
Air India
Founded
1932
Current CEO
Campbell Wilson
Website
Airindia.com
Tata Owned Companies – Air India
J. R. D. Tata established the airline in 1932 as Tata Airlines. J. R. D. Tata piloted its first flight, a single-engine de Havilland Puss Moth, carrying air mail from Karachi to Juhu Aerodrome in Bombay and Madras (now Chennai).
Tata Owned Companies – Tata SIA Airlines (Vistara)
Tata SIA Airlines Limited, known as Vistara, is a full-service airline in India based in Gurgaon (Gurugram), with its main hub at Indira Gandhi International Airport. A joint venture between Tata Sons and Singapore Airlines, Vistara started flying on 9 January 2015, launching its first flight between Delhi and Mumbai.
Indian Hotels Company Limited (IHCL)
Tata Owned Company
Indian Hotels Company Limited
Founded
1902
Current CEO
Puneet Chhatwal
Website
Ihcltata.com
Tata Owned Companies – Indian Hotels Company Limited
Indian Hotels Company Limited (IHCL) is a leading hospitality company in India, managing a diverse portfolio of hotels, resorts, and palaces both domestically and internationally. The company owned by Tata, was established in 1902 by J.R.D. Tata, IHCL is part of the Tata Group and is best known for its flagship brand, Taj Hotels.
Jaguar Land Rover
Tata Owned Company
Jaguar Land Rover
Founded
1922
Current CEO
Adrian Mardell
Website
Jaguarlandrover.com
Tata Owned Companies – Jaguar Land Rover
Jaguar Land Rover Automotive PLC is the parent company of Jaguar Land Rover Limited, often known as JLR. This British multinational car manufacturer focuses on luxury cars and SUVs.
Since 2008, Jaguar Land Rover has been a wholly-owned subsidiary of Tata Motors, with Tata Sons as the primary shareholder.
Tata Motors Limited
Tata Owned Company
Tata Motors Limited
Founded
1945
Current CEO
Mr. Marc Llistosella
Website
Tatamotors.com
Tata Owned Companies – Tata Motors
Tata Motors was established in 1945 as a locomotive manufacturer and is one of the companies under Tata. The Tata Group ventured into the commercial vehicle sector in 1954 by forming a joint venture with Germany’s Mercedes-Benz, leading to the development of a manufacturing facility in Jamshedpur for Daimler lorries.
Tata Elxsi Limited is a design and technology services company that is part of the Tata Group, one of India’s largest and oldest conglomerates. Founded in 1989, Tata Elxsi provides a range of services, including – Product Engineering, Design Services, Embedded Systems, Digital Services, Media and Broadcast.
Tata Investment Corporation Limited is a compound investment entity, which is one of the companies under Tata, that invests in equity shares of both listed and unlisted companies, as well as in debt instruments and mutual funds across various industries. The company acquires a diverse portfolio of quoted and unquoted shares, generating revenue through dividends, interest, and profits from long-term investments. Additionally, it invests in equity units of mutual funds, bonds, and venture capital.
Infiniti Retail (Croma)
Tata Owned Company
Infiniti Retail (Croma)
Founded
2006
Current CEO
Avijit Mitra
Website
tata.com/business/infiniti, croma.com
Tata Brand List – Infiniti Retail (Croma)
Croma Retail is a prominent online retail platform in India and is one of the companies owned by Tata. Launched in 2006, Croma was the first large-format specialty store in the country, providing a wide array of multi-brand digital devices and home electronics. Since its inception, Croma has become a go-to destination for customers seeking high-quality electronic products.
Conclusion
While living in India, the products and services from the Tata Group of company somehow or the other are a daily part of our lives. With the passing of Ratan Tata, the Tata Group lost one of its most visionary leaders, whose influence shaped the conglomerate into a global powerhouse. Under his leadership, Tata Companies expanded into international markets. His legacy will continue to inspire the group as it navigates the future, staying true to the values he upheld throughout his tenure. The Tata Group has been serving the world especially the people of India for more than 150 years and has pledged to do the same in the future as well.
FAQS
Who is the CEO of Tata Group?
Natarajan Chandrasekaran is the current CEO of Tata Group.
When did Tata Group start?
The Tata Group was founded in 1868 by Jamsetji Tata.
What is Ratan Tata company list?
Ratan Tata Group company list is as follows:
Tata Play
Tata Teleservices
Tata Digital
Tata Technologies
Tata Asset Management
Tata AIG
Tata AIA Life
Tata Capital
Tata Housing
Tata Realty & Infrastructure
Tata Consulting Engineers
Air India
Tata SIA Airlines (Vistara)
Tata Consultancy Services
Tata Steel Limited
Jaguar Land Rover
Infiniti Retail (Croma)
Tata Motors Limited
Titan Company Limited
Tata Chemicals Limited
Tata Power Company Limited,
Indian Hotels Company Limited
Tata Communication Limited
Voltas Limited
Trent Limited
Tata Investment Corporation
Tata Advanced Systems
Tata Elxsi Limited
Tata Coffee Limited
Tata AutoComp System
What does Tata own?
Tata Group owns 30 companies.
What are the names of Ratan Tata owned companies?
The companies owned by Ratan Tata are 30 companies in total which include Tata AutoComp System, Tata Coffee Limited, Tata Elxsi Limited, Tata Advanced Systems, Voltas Limited, Tata Communication Limited, Jaguar Land Rover, Air India, Tata AIG, Tata Chemicals Limited, others.
When was Ratan Tata organizations founded?
One of the organizations of Ratan Tata which is Ratan Tata Housing Development Company was founded in 1984.
What is the net worth of Tata Group?
There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.
When did Ratan Tata die?
Ratan Tata died on 9th October, 2024.
Who is the new chairman of Tata Trusts?
Noel Tata has been appointed as the new chairman of Tata Trusts, after the death of Ratan Tata.
Pratyusha Srivastava
