This article has been contributed by Prateek Sethi, Founder, Trip Creative Agency.
The dawn of the 21st century significantly changed people’s personal and professional lives. Among other shifts, new-age technologies have gained considerable traction by altering the dynamics for the better. As a result, artificial intelligence (AI), formerly regarded as a futuristic concept, has established itself as a reality. This technology has revolutionised various industries, with digital marketing being no exception. Thus, this cutting-edge technology has become a necessity rather than a luxury over the years.
According to a joint analysis by NASSCOM and BCG, India’s AI market is expected to reach $17 billion at a CAGR of 25–35% between 2024 and 2027. This expansion is attributed to various factors, including changing customer behaviour and increased enterprise technology spending, among others. In fact, everyone is familiar with the term artificial intelligence. It refers to the development of computer-generated programs and software capable of performing tasks that would require a human mind. These activities include learning, problem-solving, natural language comprehension, pattern recognition, visual information perception, depth perception and decision-making.
So, beyond being a buzzword, AI has certainly become a critical tool, reshaping the way companies approach marketing campaigns and bringing in new avenues for creative, personalised, and impactful marketing campaigns that resonate deeply with audiences.
From campaign creation to optimisation, AI’s influence extends across the entire digital marketing spectrum.
Advanced profiling: Every business understands the need for profiling today. Without a thorough understanding of the target audience, marketers will not be able to develop tailored marketing strategies. Knowing the perfect client profile enables businesses to tailor messages and other information to their specific requirements and expectations. According to Deloitte research, simply putting the customer’s name in their emails can increase open rates by 5.2%, while more tailored communications show a rise of 11%–55%. However, maintaining and calculating every piece of data is time-consuming. Thus, with the ability to analyze vast amounts of customer data, including demographics, online behaviour, and past interactions, AI emerged as a helping hand, executing complicated consumer segmentation activities in real time.
Personalise the campaign: A personalised campaign has become a thing of today. Because nobody wants to receive a dull and generic message; the difference between ‘Hi there’ and ‘Hi XYZ’ is tremendous; when anything talks personally, people automatically feel more significant and interested. This is where AI applies customer insights to adapt messaging, content, and offers to specific tastes. Consider receiving product recommendations that are exactly what you need or social media ads that are relevant to your interests. This level of personalisation increases customer engagement and brand loyalty, providing desired outcomes for everyone.
Predictive Marketing: What if firms could predict the future and anticipate client requirements before they arise? While AI cannot tell businesses which lottery number to choose, it assists in determining the best marketing plan for a given situation. It accomplishes this by analysing data and evaluating habits to predict what the customer wants and when they want to buy. Thus, AI systems use historical data and user behaviour to forecast future actions. This allows marketers to anticipate client demands and proactively provide relevant information and offers, resulting in higher conversions and revenues.
AI Technologies: Transforming the Future of the Marketing Industry
AI-powered chatbots: AI chatbots have become critical for modern customer service. With their round-the-clock availability, they serve as virtual representatives, providing prompt and efficient assistance to customers. They can handle a wide range of basic queries, from product information to order status. By taking care of routine tasks, chatbots free up human agents to tackle complex issues, thereby improving the overall efficiency of the team. Furthermore, this not only helps businesses save time and money but also enhances the customer experience, leading to increased customer satisfaction and commitment.
AI-powered fraud recognition: AI enables marketers to detect fraudulent actions in real-time. This not only prevents organisations from losing ad revenue due to theft, but it also ensures that campaign measurements are right. AI systems can examine vast amounts of data and spot any suspicious patterns, allowing marketers to respond swiftly and prevent any damage. This new technology has changed the way marketers promote and made the Internet advertising environment more secure.
AI-driven A/B testing: When it comes to testing marketing efforts, typical A/B testing can be time-consuming and tiresome. However, with the help of AI, this procedure can be automated and expedited. AI algorithms may analyse various campaign components, such as headlines, pictures, and landing pages, to determine which ones work better than others. Using this iterative technique, AI can continuously recommend campaign modifications and optimise ad spending for optimum impact. This allows firms to get superior results from their marketing efforts more efficiently and effectively.
Market Value of Artificial Intelligence (AI) in Marketing Worldwide from 2020 to 2028
It’s a Win-Win for All!
There is no denying the fact that AI is revolutionising digital marketing by providing unrivalled data-driven insights and automation capabilities. Understanding the impact of AI and embracing strategic AI deployment enables businesses to design intelligent campaigns, forge stronger consumer connections, and achieve optimal results in the ever-changing marketing landscape. Thus, to stay ahead in the competitive world of digital marketing, businesses must embrace AI and use it to their advantage. Although nothing is going to replace the creative human controlling all this information and knowledge, for now.
This article has been contributed by Dr Narendra Vankar, Co-Founder, Quantum CorpHealth Pvt. Ltd.
India’s health landscape is rapidly evolving. We are moving towards the best possible medical care with experienced, trained doctors; new advancements in medical technology; and the introduction of personalized, AI-based healthcare, perfectly tailored to fit a patient’s symptoms and health history. Medical professionals can now use AI tech to anticipate and mitigate health issues, from the minor to the adverse. AI is able to make the jobs of medical professionals easier by analyzing vast amounts of data, while predictive AI can identify patterns and predict patient outcomes. Predictive AI helps in intervening in a timely, proactive manner to anticipate and minimize adverse health events. Here we explore the pros, cons, and future prospects of predictive AI in healthcare.
Disease Prevention and Early Intervention: The first and foremost way that Predictive Analytics can help in healthcare is for disease prevention and early intervention. The earlier the diagnosis, the better the chances for recovery and survival. By analyzing patient data like medical records, genetic data, and lifestyle factors, predictive AI can determine the onset or progression of a disease, enabling medical professionals to provide their patients with information on changes in lifestyle, preventative medication, and early screenings to prevent the onset or progression of a disease.
Personalized Treatment Planning: Genetic information and biomarkers are key to being able to make personalized treatments for patients. Predictive AI makes this much easier to do by predicting patient outcomes based on this information, and their reactions to potential treatment paths. Predictive AI can optimize outcomes and minimize adverse side effects and complications.
Hospital Resource Management: A major concern in hospital management is perfect record-keeping and effortless, patient-friendly operations. AI can help by forecasting patient demand, optimizing bed occupancy, and identifying bottlenecks in the workflow like availability of ORs and other medical processes like MRI and CT scans. Predictive AI allows hospitals to effectively allocate resources, like staffing and equipment, to ensure a smooth and easy patient experience. This is especially helpful for patients and loved ones when they are already worried about their health and wellness.
Population Health Management: Not only can AI predict and analyze data on an individual level, but they can also analyze the data of specific population pockets, identifying high-risk communities, predicting health outcomes, and target interventions. This can reduce the overall cost of healthcare for individuals and improve accessibility, especially for communities that are below the poverty line. This can also help medical providers organize disease management programs, reducing the risk of hospital readmissions, illness complications and exacerbations.
As we have seen through the previous points, Predictive AI can have many benefits for medical professionals and patients alike. Here, we explore them in more detail.
Early disease detection and prevention can help to identify individuals who are at high-risk of diseases like diabetes and heart disease. Not only does genetic predisposition play a part in this, but also lifestyle factors and medical history. Early measures to mitigate and reduce the likelihood or adverse effects of the disease can be taken by the medical provider to give their patients a long and healthy life.
Nowadays, individuals are looking to healthcare providers to give them an individualized treatment plan, tailor made to their exact specifications. No longer does the one-size-fits-all method of treatment work. Predictive AI can determine the most effective treatments per the patient’s medical history, lifestyle, and genetics. Medical professionals do not need to try and test methods of cure any longer.
As a result of these individualized treatment plans, predictive AI can be indirectly responsible for improved patient outcomes. Medication adjustments, lifestyle modifications, and behavioral interventions can improve patient outcomes and satisfactions, and also improve quality of life for at-risk patients.
Last but not the least, predictive AI can benefit both patients and medical providers at an operational level. For medical institutions, predictive AI can help effectively allocate resources that save time and money, giving patients a smooth and stress-free experience. Patients can also save their costs due to personalized and proven treatment plans, and not spend additionally on unnecessary scans and medications.
Artificial Intelligence in Health Care Market Size Worldwide
Challenges
While there are clearly many benefits of Predictive AI, we also have to keep in mind the challenges of integrating technology into our medical processes. As with any improvements, it is time-consuming and can be confusing. To make informed choices we must be aware of both the pros and cons of any new advancements.
Firstly, the healthcare system in India is in disarray, and this has been especially proven by the Covid-19 pandemic. Analysis of data is easy when all the data is in one place, but healthcare records in India are fragmented at best and unfinished at worst. Inaccurate and incomplete data can lead to biased and inaccurate predictions, compromising the effectiveness of the predictive model.
Second, there is always the question of data privacy and security when we talk about data and AI models. Protecting patient data and privacy is paramount, and medical institutions must take utmost care to safeguard this data and adhere to strict regulations when using predictive AI.
Due to the novelty and familiarity of this technology, predictive AI is still not fully trained to cover the entire spectrum of human data. Therefore, some of their predictions can be biased, leading to unfair or discriminatory outcomes. It is the responsibility of the medical professional to determine whether the AI driven outcome will work for their patient.
Lastly, as humans we may become over reliant on this technology, leading to depersonalization when dealing with patients. It is easy to forget in the amount of patients that doctors see that each patient is dealing with an unfamiliar and scary situation, and it is important to retain the human touch and sensitivity that AI cannot recreate.
In conclusion, predictive AI holds great promise in the med-tech and healthcare field. While keeping in mind the numerous benefits that predictive AI has, we must also keep in mind the challenges, and strive to achieve a balance between the two, making the patient the center of attention. Patient-centric treatment and care is the responsibility and first priority of every doctor, and should not be affected regardless of any new technologies being introduced.
This article has been contributed by Mr. Rajat Vashishta, Career Coach & Founder, Resumod.
The job market has become quite competitive and an internship is the stepping stone for a successful career. As you are applying for your dream internship, your resume should create a good impression on the recruiter. Although, internships look great on resumes securing a great internship starts with a killer resume.
To impress potential employers, a professional resume is a get-go and this is why we’ve puttogether a guide that’ll be helpful to create an internship resume that stands out. Not only does it cover your educational background but also highlights your unique qualifications and experiences.
Whether you are a college student or a recent graduate, an impressive internship resume will turn out to be a game-changer. This comprehensive guide shares a step-by-step guide to creating an impressive resume to capture the attention of hiring managers and help you with the internship of your dreams.
Before you delve into the nitty-gritty of resume crafting, it’s important to know how can you make your internship resume outstanding. Although a traditional resume focuses on past experiences, an internship resume talks about your academic success, extra-curricular activities, and relevant skills which primarily focuses on your potential as a future intern.
If you are applying for an internship role, then it is recommended to tailor it specifically to highlight your qualifications that resonate with the employers as it maximizes your chance of getting interviews. If all goes well, then you are hired for the internship opportunity.
How To Write An Internship Resume In 7 Steps?
When it comes to internships, employers know that you might not have years of experience but they look for candidates that have the potential to work with them. The key is to highlight your potential, genuine enthusiasm, and eagerness to learn for the internship. Use each resume section to portray how your qualifications and skills can make you a valuable asset to the organization.
Step 1: Preparing Your Content
The first step in the process of crafting an impressive internship resume is to gather and organize your content. Start by compiling the relevant experiences, skills, and achievements, then align them according to the requirements set for the internship position you want to target. Once you are clear on that, finalize the structure and format of the resume and ensure that it effectively highlights your accomplishments and strengths.
Internship Trends
Step 2: Craft a Compelling Summary
Your resume’s summary or objective serves as your introduction to potential employers, providing them with a brief overview of your career goals, interests, and relevant experiences.
Craft a compelling summary or objective statement that succinctly highlights your strengths and aligns with the internship opportunities you’re pursuing. Keep it concise yet impactful, allowing hiring managers to quickly grasp your qualifications and motivations.
Step 3: Showcase Your Academic Achievements
A strong educational background and good academic achievements are crucial when it comes to your resume and they can demonstrate your persistence in front of potential employers. Ensure you organize your educational information clearly and highlight the relevant projects, and academic records to showcase your excellence and commitment to learning and growing.
Step 4: Voluntary and Extracurricular Work Experience
Good academic records are essential but voluntary and extracurricular experience is an added benefit on your resume. Employers today believe that it’s essential that a candidate can’t be judged based on just good academics but a practical experience through volunteer work or extracurricular activities is a great to understand more about the candidate. List relevant volunteer work or extracurricular activities that emphasize the transferable skills you’ve developed and how they align with the internship roles you’re interested in following.
Step 5: Skills Demonstration
Candidates today must possess both hard and soft skills that comply with the internship and employers choose such candidates that have both the skills. Identify and list the skills you possess for the internship role comprising of technical skills, languages, and certifications, which are essential to the role you’re applying for. Mention achievements that demonstrate your skills in the resume.
Step 6: Add Additional Sections for Enhancement
To make your resume even better, add sections that showcase your unique strengths, qualifications, and experiences as it’ll enhance your chances to get the role. Highlight the experiences, projects, and leadership roles you have taken while in college which further provides the managers a comprehensive understanding of your capabilities and background. If you have links to a personal website or social media page that demonstrate your talent, then be sure to mention it in your resume giving additional information to the employers.
Step 7: Polish Your Resume
Every important detail has been on your resume and it’s time to submit it. But before you submit it, take some time to review and polish it giving it a professional touch. Ensure that there are no grammatical, spelling, or formatting errors; also make it Applicant Tracking System (ATS) friendly as it maximizes your chance of passing through the initial screenings. Make sure you maintain consistency in font, formatting, and style throughout it so it appears polished and cohesive to potential employers.
In summary, crafting an impressive internship resume is an essential step toward securing internship opportunities and starting your professional journey. By following this step-by-step guide, you’ll be well-equipped to create an outstanding resume that effectively highlights your qualifications and positions you as the top contender for internship positions. Try out these tips into action and take the first step towards achieving your career goals.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.
It is an undeniable fact that the Indian education system has undergone a radical change over the last few decades. While there have been concerted efforts at making education more accessible, what is still lacking, especially in higher education, is the much sought-after connection with the industry.
Instructors and mentors aside, who would not only equip pupils with new skills but also guide them in their careers, there is the necessity to have a curriculum that is vetted by industry veterans. That’s exactly what led to the launch of Scaler in 2019.
An upskilling platform by InterviewBit, Scaler enables aspiring students and working professionals in tech to unlock their potential. At this moment, Scaler’s upskilling offerings, Scaler Academy and Scaler Data Science & Machine Learning (DSML), have over 35,000 working professionals cumulatively enrolled in its program since 2019.
In terms of outcome, Scaler has already found resounding success. 94% of the placed learners have already bagged jobs with aspirational companies as software engineers and developers. Scaler learners have witnessed a mean salary of ₹21.6 LPA, a median salary of ₹17.5 LPA and a placement rate of 93.5 per cent. The highest domestic salary achieved by Scaler learners stands at ₹3.03 crore. The average salary for learners who had 6-10 years of work experience is ₹31.9 lakhs, while learners with more than 10 years of experience received packages averaging ₹57.1 lakhs, while the highest salary offered to a Scaler learner was a whopping INR 3.03 crore per annum.
StartupTalky interviewed the founders of Scaler (by InterviewBit) to learn about the Success Story of Scaler and take a glance at Scaler’s Products, Business Model, Funding, Growth & more.
Scaler was incubated inside the InterviewBit in 2019 – a platform where people could learn new programming skills and practice interview questions in order to scale up in their careers.
Scaler is an upskilling platform by InterviewBit that enables both students and working professionals to unlock their talent. Scaler’s offerings cater to –
Young working professionals (Scaler Academy, Scaler DSML and Scaler Neovarsity)
Students graduating from 12th grade (Scaler School of Technology)
Scaler’s meticulously structured programs vary in duration from 9 months to 24 months. These act as career accelerators by enhancing the skills of the students by offering them a modern curriculum with satisfactory exposure to the latest technologies. Scaler’s students have access to over 1000 working professionals from top software companies across the globe, including Amazon, Google, Facebook, Netflix, and X (Twitter), among others, who act as instructors, teaching assistants, mentors and career coaches.
Cumulatively, Scaler has had over 35,000 students and working professionals enrolled in its various programs. The Scaler programs are being developed as an inclusive ecosystem of engineers and mentors to help talent scale and build the next generation of global tech leaders. Scaler has been designed to help and guide students from engineering colleges to prepare and learn skills that they would require for top technology jobs.
Scaler helps to polish skills and get its students ready for prospective jobs with big-tech companies, whether they are fresh college graduates or working professionals looking to advance in their careers.
Scaler’s goal is to ensure that the talent is recognised regardless of the student’s background. The platform aims to create a benchmark for software engineers in the recruitment space so as to ensure that they receive the best opportunities in the industry to further their careers.
Scaler is a tech education startup that offers courses on computer science which train and upskill software developers to find meaningful employment in India’s burgeoning tech industry. It offers several in-depth and intensive programs that are taught through live classes delivered by tech leaders and subject matter experts. The curriculum is systematically and specifically created in order to provide students with sufficient exposure to the latest technologies.
Here’s a list of Scaler’s offerings –
Scaler Academy
For all the tech professionals who want to accelerate their careers, Scaler Academy has designed a flexible program for you. It is a program to master Problem Solving & System Design. One can choose the curriculum based on the level of knowledge one already entails & the type of specialisation needed, i.e., Backend Specialisation or Full-Stack Specialisation.
Thoughtfully designed learning aspects, topics & concepts
Hands-on Projects and assignments to implement concepts
Personalised topics, peers & pace of learning are optimised for one’s needs
Industry-tested curriculum to make one job/career-ready
Scaler DSML
The program is for engineers looking to specialise in Data Science and Machine Learning, The course will start by building a strong foundation in Data Structures and Algorithms. Then, learners will dive into Mathematics, followed by Data Mining, Statistical Analysis, Data Science, Machine Learning, Deep Learning and Big Data. More than 45 critical tech tools will also be taught during the length of the course.
Live class
Industry projects
1:1 mentorship
Secure Placement Assistance
Scaler Topics
Scaler Topics is a gamified free learn-to-code platform that can provide quality technical content for anyone interested in software-related subjects. The platform provides streamlined technical content across all fields related to tech, data science, and machine learning for individuals passionate about learning and building a career in many in-demand domains with assisted videos from mentors, even those with no prior knowledge in their chosen field. In addition to the video courses, the platform provides a wide range of free material to software enthusiasts through interactive challenges, events, contests, and detailed article threads by industry experts.
Courses
Contests
Articles
Reading Tracks
Scaler School of Technology
Established in 2023, the Scaler School of Technology stands out as India’s leading institution for engineering education. The school presents a 4-year residential undergraduate program in Computer Science, delivered by eminent tech leaders from major industry players like Google, Microsoft, Facebook, Amazon, Uber, and more. Distinguishing itself with an industry-validated curriculum, an esteemed teaching faculty comprising top tech professionals, and an innovative 1:1 mentorship model, Scaler operates from a cutting-edge campus located in Bangalore’s Electronic City, in close proximity to major tech firms. Going beyond conventional education, the program provides specialised tracks in high-demand technologies coupled with a groundbreaking one-year paid internship. Successful program completion rewards learners with a 3-year BSc in Computer Science from BITS Pilani and a one-year Master in Computer Science from the globally accredited Woolf University.
Scaler – Founders and Team
Both Scaler and InterviewBit have been founded by IIIT (International Institute of Information Technology) Hyderabad alums Anshuman Singh and Abhimanyu Saxena.
Anshuman Singh and Abhimanyu Saxena – Founders, Scaler (& InterviewBIt)
Anshuman Singh
Anshuman previously worked at Facebook, where he led the team to build and scale the Messenger feature. Anshuman was also part of the four-member landing team to set up the London office of Facebook. He is a competitive programmer and a two-time ACM ICPC World Finalist.
Abhimanyu Saxena
Abhimanyu led a team that designed NYC-based retail marketplace Fab.com’s entire front end. A seasoned entrepreneur, Abhimanyu co-founded his first enterprise while still in college.
Abhimanyu Saxena started his career with Progress Software as a Programmer and later moved to Fab.com as a Software Architect, where he worked for over three years. During his days at Fab.com, he had to recruit new talent for projects, which turned out to be a tedious job. Even after screening hundreds of resumes and conducting interviews, they were only able to find the right talent in single digits. Anshuman faced a similar challenge in his role at Facebook (Meta), where he was setting up the London office and was looking to recruit tech talent for Facebook’s expanding footprint.
Almost 90% of the candidates interviewed did not have the necessary tech skills that were required for the job. This was when he experienced the scarcity of skilled tech talent in the industry and realised the gap that exists between the university curriculum and the skills that are required to succeed as a software engineer.
In 2015, together, they started InterviewBit as an online platform providing interview prep to aspirants to make them job-ready, thereby also addressing the challenge faced by recruiters in hiring the right talent for the job.
InterviewBit.com is a free coding practice platform for developers. The platform helps college students as well as working professionals to polish their programming skills and get job-ready. The companies that hire from the programmer community on InterviewBit.com pay the company hiring fee. All Scaler by InterviewBit courses have prepaid Scaler course fees that students need to pay to be part of the program.
Scaler’s first two paying customers were Amazon and Facebook. “They started helping Amazon hire quality engineers back in 2015, and to date, they are super proud that we’ve helped Amazon hire a lot of top tech stars. They built an interview warm-up tool for Facebook Careers called CodeLab, which was exceptionally popular amongst the FB applicants,” Says Scaler Founders.
The majority of private organisations, both large and small, claim that while graduates might possess theoretical knowledge, they usually lack the skills that are required to complement entry-level jobs. They realised that most people they engaged with were capable of achieving even greater things given the right guidance. That’s exactly what led to the launch of Scaler in 2019.
At Scaler, the pedagogy of the courses has been created, and the structured interaction with recruiters and industry leaders (CXOs) has been set up, as it helps understand what companies are looking for in candidates and then train their students with those skills accordingly.
Scaler means scale – scale your career, scale your skills, scale your life to be bigger, and better. It’s also a play on a mathematical term – Scalar.
The logo shows the process of scaling, from the small cube, becoming bigger, to the white space resembling a diagonal arrow pointing upscaling.
The colour blue was chosen, as it’s commonly associated with trust, loyalty, wisdom, confidence, and intelligence. These are the qualities that Scaler wants to inspire in others when looking at the brand.
Scaler – Business Model and Revenue Model
InterviewBit.com is a free coding practice platform for developers. The platform helps college students as well as working professionals to polish their programming skills and get job-ready. The companies that hire from the programmer community on InterviewBit.com pay the company hiring fee. All Scaler by InterviewBit courses has prepaid Scaler course fees that students need to pay to be part of the program.
Scaler’s first two paying customers were Amazon and Facebook.
“They started helping Amazon hire quality engineers back in 2015, and till date are super proud that we’ve helped Amazon hire a lot of top tech stars. They built an interview warm up tool for Facebook Careers called CodeLab, which was exceptionally popular amongst the FB applicants” Says Scaler Founders.
Scaler – Challenges Faced
Fixing the problem of talent scarcity is a rather hard problem, with fixes needed on both the supply and demand side. Lack of awareness among students and archaic ways of hiring at businesses, which have gotten established over the years, are two problems that need behaviour change. However, Scaler does see a positive change coming on both fronts at a rapid pace.
Post the phenomenal growth Scaler saw in 2021 and 2022, the edtech brand is now focusing on maintaining its top line and profitability. Scaler has been EBITA positive over the last few months and is hoping to hit annual profitable figures by the end of the year. Here are some growth highlights that Scaler has witnessed to date:
Scaler has expanded its operations to the US in January 2022
Scaler is adding 2,500 learners monthly, and since April 2019, it has onboarded & helped 35,000 learners cumulatively.
Scaler has a very active community on Discord where students and teachers (mentors) discuss various tech and digital skills topics, clarify doubts instantaneously, and discuss assignments, projects, etc. With over 130,000 members, it is the largest tech community in the country.
Scaler is positive for both cash flow and EBITDA.
Scaler’s courses offer 4.5X RoI (return on investment) for the students
Thousands of Scaler alumni are placed in companies like Microsoft, Google, Uber, Amazon, Paypal, Adobe, VMWare, Intuit and McAfee.
Scaler (by InterviewBit) has raised a total of over $76.5 million in funding to date. The recent round of funding came in from Lightrock, Sequoia, and Tiger Global, which helped the company raise $55 mn, as of 1st February 2022.
Scaler’s Funding and Investors details are as follows:
Date
Series
Amount
Investors
February 1, 2022
Series B
$55 million
Lightrock India, Sequoia Capital and Tiger Global
January 28, 2020
Series A
$20 Million
Sequoia India, Tiger Global, Global Founders Capital and Rocket Internet
–
–
$1.5 Million
Sequoia Surge Program
Scaler is backed by marquee investors like Peak XV Ventures (Sequoia Capital India), Tiger Global, Global Founders Capital, and Lightrock India, along with several high-profile individual investors. Lightrock India has stepped in as a new investor, leading the recent round of Scaler on February 1, 2022, where the company raised $55 million.
Scaler Shareholders
Scaler – Competitors
Some of the top competitors of Scaler Academy include –
Scaler acquired Coding Elements and Coding Minutes in 2021. Followed by Applied Roots in 2022 in a deal worth $50 million. All the founders of these companies and their respective teams joined Scaler as full-time employees. Recently, Scaler made its fourth acquisition of a Delhi-based education platform, Pepcoding, for an undisclosed amount. This acquisition will accelerate growth and support across various business units, including strategy, product design, B2B enterprise, operations and instructor org.
Here’s a glimpse into the 4 acquisitions that Scaler made so far:
Name of the company acquired
Date of acquisition
Price
Applied Roots
March 2, 2022
$50 mn
Coding Minutes
October 21, 2021
$98.82 mn
Coding Elements
August 30, 2021
$1.05 mn
Pep Coding
May 31, 2023
Undisclosed amount
Scaler – Recognition and Achievements
InterviewBit was recognised by LinkedIn as one of the 25 hottest Indian start-ups to work for in 2019
InterviewBit was one among the 17 startups from India, Indonesia, Singapore, Vietnam, and Bangladesh that have made it to the inaugural cohort of venture capital firm Sequoia’s Surge program
Scaler was recognised as a Great Place to Work® by the GPTW Institute in 2021
Recognised by AmbitionBox as “The Best Place to Work in India 2022” among tech startup companies with more than 500 employees in India
The startup’s parent firm, InterviewBit, is featured on the Financial Times’s Asia Pacific High Growth Companies 2021, 2022 and 2023 ranking.
Scaler – Future Plans
For the near future, Scaler plans to sustain a substantial revenue growth range of 30-40% from FY24 to FY25 with a focus on not just the financial progress but also a consistent delivery of high-quality education and essential skills for their learners.
“At Scaler, they believe execution is equally essential for success in online learning. Towards this end, they continuously experiment with and incorporate new methodologies for teaching and learning to ensure an effective outcome,” added Scaler team
Besides this, the team is also focusing on building Scaler School of Technology with admissions open to welcome the second batch of students to the campus.
Ultimately, their goal is to bridge the demand-supply gap in the tech industry.
Scaler – Community and Reviews
Scaler’s community on Discord currently comprises around 130,000 members. It is the largest tech community in the country, comprised of like-minded individuals, where members discuss various tech and digital skills topics, share job openings, and engage in games and competitions.
The reviews of Scaler by many people say…
“People teaching you are either a world-class competitive programmer or have cracked interviews in companies which take world-class hard interviews”
“The doubt support time is mentioned as 30 minutes, but it is wrong, He must say. It’s less than that. Anytime He felt doubt, He messages his community of batch mates or even to the teacher who taught him that concept, and they clarify instantly”
“You will have a Student Success Manager who will be guiding you through every step of your journey. In my case, My SSM even got to the extent that He was not solving problems in the middle of the course, so she contacted me and asked me to make a Google doc and share it with her and update daily on that doc the questions He do”
“If you succeed in a job interview – they will call and congratulate you and talk about the next opportunities. If you fail in one – they will call and say it’s normal and will discuss areas of improvement you can make.”
Scaler Office photos
FAQs
How are InterviewBit and Scaler related?
Scaler was incubated inside the InterviewBit in 2019 – a platform where people could learn new programming skills and practice interview questions in order to scale up in their careers.
What is Scaler?
Scaler is a competitive online accelerator program that offers a course on computer science that trains software developers to land jobs with top tech companies. It offers an intensive 6-12-month computer science course.
How much is Scaler Funding?
Scaler (by InterviewBit) has raised a total of $76.5 million in investment to date.
Who are the founders of Scaler?
Scaler and InterviewBit both are founded by IIIT Hyderabad alums Anshuman Singh and Abhimanyu Saxena.
What is Scaler Academy?
Scaler Academy is an online tech-versity for the top 1% of software developers in the country. They offer an intensive six-month computer science course through live classes delivered by tech leaders and subject matter experts.
Who does Scaler Cater to?
Scaler caters to:
Tech-enthusiasts in university (Scaler Edge)
Young working professionals (Scaler Academy)
Those looking to transform into future CTOs and entrepreneurs (Scaler Plus)
Join StartupTalky on an enlightening journey as we explore the visionary insights of Mr. Mandar Navare, CEO and Co-founder of Flentas. Discover how Flentas is revolutionizing cloud consulting through seamless AI integration, offering end-to-end solutions to empower businesses. Gain insights into their cutting-edge GenAi services and their transformative applications across various industries.
Discover how Flentas stays ahead of the curve, utilizing AI to optimize business processes and enhance customer experiences. Now, let’s get into the understanding of Mr. Navare’s perspectives on the evolving role of AI within Flentas and the broader IT industry.
StartupTalky: Could you provide an overview of Flentas, including the primary services or solutions it offers to clients?
Mr. Navare: Flentas is a Cloud Consulting Company and an AWS Advanced Consulting partner, offering end-to-end cloud services empowering organizations to reap the benefits of the latest enterprise technology in the shortest amount of time possible.
Our comprehensive suite of cloud services caters to the diverse needs of businesses, right from infrastructure assessment, cloud readiness assessment, to creating a cloud migration strategy and executing the move to the cloud. We then assist customers with managing the managing cloud resources, optimizing cloud costs, and ensuring the security and compliance of the client’s cloud environment. Other services include GenerativeAi solutions, cloud-native application development, devops implementations, big data consulting & analytics solutions.
With a team of certified cloud experts, Flentas offers personalized guidance and support throughout a customer’s cloud journey, ensuring a seamless experience from initial strategy development to implementation and ongoing optimization.
StartupTalky: How does Flentas integrate AI technologies into its products and services, and what specific benefits does this integration offer to clients?
Mr. Navare: Flentas integrates AI technologies into its products and services by leveraging AI algorithms and machine learning models to automate processes, improve efficiency, and enhance user experience. This integration offers several benefits to clients, which includes automating routine tasks and processes, personalized user experiences, increased security by recognizing patterns in user behavior and detect anomalies that may indicate a potential security breach, scale up or down basis user demand, and cost savings as AI algorithms can detect and shut down idle resources.
StartupTalky: Could you provide insights into Flentas’ GenAi services and its application across industries like FinTech, EdTech, HealthTech, and Gaming?
Mr. Navare: With a focus on customer satisfaction, transparency, Flentas aims to help businesses establish advanced GenerativeAi infrastructure across their environments, integrating GenAI and deep learning capabilities with data analytics to reinvent business operations, service delivery, decision-making, and customer management. By providing advanced GenAI infrastructure, AI-driven tools, and platforms that enable faster, more personalized, and efficient service, we also help curtail costs, ensure compliance, and enhance customer satisfaction.
FinTech: Intelligent KYC using IDP (Intelligent Document Processing) techniques, enhanced customer experience with chatbots and virtual assistants
EdTech: individual learner’s needs, abilities, and interests, and generate personalized content to enhance their language learning experience, provide feedback in real-time ensuring intelligent tutoring, feedback and error correction etc.
HeathTech: Access huge customer data with the help of chatbot, digitalize current patient medical records and clinical notes, transform internal processes
Gaming: We help gaming studios to build and operate custom large language models and generative AI models trained with their own data, enabling them to create intelligent chat systems, professional content, and digital simulations that deliver innovative and engaging gaming experiences to players.
StartupTalky: How does Flentas see the role of AI evolving within the company and the wider IT industry?
Mr. Navare: We believe AI is essential for optimizing business processes, supporting decision-making, and creating personalized services. AI presents significant opportunities in areas such as data analysis, automation of routine tasks, personalized customer interactions, risk management, and trend forecasting.
StartupTalky: Can you share examples of AI-powered solutions Flentas has created to tackle tough business problems for clients?
Improve customer experiences with generative ai powered chatbots and virtual assistants
Boost employee productivity through automated report generation, employee assistant interface, accelerate application development through code generation
Accelerate process optimization through document processing, data augmentation, and supply chain optimization
Mr. Navare: We offer a wide range of AWS services and generative AI techniques that offer practical use cases for businesses, from Intelligent KYC using IDP (Intelligent Document Processing) techniques to personalizing shopping experiences, enhancing customer support and much more.
StartupTalky: Could you discuss your approach to forming alliances and partnerships in the AI field to support business growth strategy?
Mr. Navare: We are helping customers to build digital capabilities and we are planning to stitch Gen AI into digital to move things faster for customers. We are working with Global ISVs to make the power of LLM accessible locally.
StartupTalky: What are the upcoming AI projects or initiatives that Flentas is planning to pursue in the near future?
Mr. Navare: We are working with a prominent FMCG to automate bidding system with the help of GenAi. By automating the bidding system, the customer will be able to improve overall efficiency, reduce costs, and increase competitiveness.
In the financial services industry, we are working with a leading FSI to enhance the customer experience and onboarding process with the help of GenAI technologies. By implementing a personalized and intuitive onboarding process, the customer will be able to improve customer satisfaction, reduce drop-off rates, and increase customer loyalty.
Furthermore, we are assisting a large fintech company to improve their customer service with the help of GenAI-powered bots. By providing a conversational and intelligent interface for customers to interact with, the client will be able to reduce response times, improve customer satisfaction, and reduce operational costs.
This article has been contributed by Siddharth Agarwal, Founder and Managing Director, Mobicule Technologies Pvt Ltd.
The recovery of loans is frequently the top priority for lenders in the field of lending because the risk of defaulting is constant. Lenders are increasingly using technology-driven solutions to help in the recovery process as delinquency rates rise, as long as they stay within the bounds of legal regulations.
Today’s digital age is characterized by a discernible trend away from traditional methods and toward digital services and client interactions. This change is especially noticed in India, where a new frontier in debt collection techniques is being shaped by the adoption of Artificial Intelligence (AI) and machine learning (ML). AI has become a crucial component of debt collection operations, providing opportunities for process optimization and streamlining. Integrating AI and ML technology has become imperative due to the increasing demand for quick and effective debt resolution solutions. These developments are radically changing the dynamics of interactions between lenders and borrowers, which will eventually result in better debt recovery outcomes.
Mobicule is leading the way in this technological revolution with its all-inclusive debt resolution system that integrates AI and ML technologies. Through the use of these cutting-edge technologies, Mobicule can classify consumers into different risk groups according to a wide range of factors, such as past banking habits and borrower’s past payment patterns. This division makes it easier to create customized plans meant to reduce the risks involved with debt recovery. AI-powered solutions are excellent at focusing on particular customer groups via the best possible channels of communication, which reduces the workload for both the bank and the borrowers. Our platform can also detect early warning signs of possible defaults by using predictive analytics, which lowers bounce rates and prevents possible financial losses.
Lenders are provided with actionable insights through real-time analytics and customizable dashboards, which facilitate the development and execution of efficient debt resolution plans. Automation features reduce errors and delays that come with manual operations by streamlining communication procedures. Examples include sending payment reminders by SMS, email, WhatsApp, voice bot, and IVR.
Lenders must make sure that all correspondence complies with legal compliance requirements. AI enables omnichannel interaction by using data to start conversations through favoured channels and at the best moments, therefore maximizing communication tactics. Mobicule’s AI-powered technology customizes resolution techniques to each borrower’s unique scenario, maximizing success, in contrast to traditional one-size-fits-all approaches. The system also effectively handles massive amounts of data, classifying them into relevant legal avenue and expediting the debt resolution procedure. The platform is built intelligently and can be used across delinquency cycle which are pre, early, mid and late delinquency. To sight an example the platform can automate the entire settlement process without any manual intervention if it falls within mandates removing any bias in the processing.
Voice bots powered by AI examines communication between borrowers and agents to provide a more comprehensive grasp of the attitudes and preferences of borrowers. In a similar vein, chatbots driven by AI enable direct communication between borrowers and lenders, guaranteeing prompt responses and improved client experiences.
Artificial intelligence (AI) technologies also provide enhanced security measures by spotting trends that point to previous fraudulent activity and identifying possible threats ahead of time. The re-engagement algorithms powered by AI are essential for promoting borrower compliance since they give priority to contacting borrowers who have interacted with payment links but have not yet fulfilled their obligations. Artificial intelligence (AI) is transforming debt collection procedures by increasing productivity of the team, improving borrower’s experience, working on the engagement rate and eventually deriving better results for lenders.
Mobicule is a pioneer in products focused on mobile field force and has successfully deployed and managed some of the largest mobile field force implementations across Sales & Distribution, Telecom, and BFSI. With its experience and domain knowledge now spanning 2 decades it has established its niche in Debt Collection, KPI & Gamification, and Digital KYC integrated end to end with internal (core banking, EPR, CRM) and external systems (credit bureaus, govt portals). Backed by a strong R&D and adopting the latest and upcoming technologies it has managed to establish a niche market position. Mobicule’s steadfast vision and commitment to add value to its customers, employees, and all its stakeholders have put it on a rapid growth path to attain a leadership position in the business domains it caters to.
Unscrupulous advertising has become the standard in many industries because of the cutthroat nature of modern competition. Even the most sacred and innocent of all sectors, education, which shapes the nation’s leaders of tomorrow, has begun to wear shades of grey. Students in today’s academically competitive world are always looking for top coaching institutes where they can hone their skills and achieve their academic goals. The competition among educational institutions is fierce, and some resort to dishonest means to attract as many pupils as possible.
Advertisements for these educational institutions often make exaggerated claims about the placement rates they provide, the percentage of students who pass their entry examinations, or the affiliations they have earned. Their advertising budget for television and internet platforms is close to Rs.38,000 crore.
False data regarding placements is alleged in numerous situations. A fraudulent advertisement for Manav Knowledge City, a school in Maharashtra, falsely claimed that its students would achieve the highest academic results and placement rates. The advertiser’s claim that they had the lowest fees was likewise deemed false by the consumer forum.
The so-called “Coaching Centres” are raking in the dough as well. There are thousands of students signing up to study for admission tests. There is currently no mechanism to reimburse students whose payments have already been processed if they are dissatisfied with the service or cannot gain admission.
The Centre Offers Recommendations to Spot Deceptive Ads
On 9 January 2024, the Union Ministry of Consumer Affairs discussed recommendations to address misleading coaching marketing in the face of unethical actions by coaching institutes to attract employment or entrance exam candidates.
A committee led by Consumer Affairs Secretary and CCPA Chief Commissioner Rohit Kumar Singh discussed the issue. Last October, the CCPA, the nation’s top consumer watchdog, filed notifications to 20 IAS coaching institutes for “misleading” ads. According to the Union Ministry of Consumer Affairs, the CCPA’s committee on misleading coaching commercials met for the first time on Monday to review the proposed rules. According to the ministry, officials and stakeholders discussed the draft standards for misleading coaching ads.
Under the Consumer Protection Act 2019, a coaching institute’s advertisement could be misleading if it conceals essential information about the course chosen by successful candidates (free or paid), its duration, etc.
Coaching Market Size Worldwide
FIITJEE, the New Joiner
After publishing a national newspaper ad ridiculing a student who left the coaching facility for another, FIITJEE received huge outrage over the weekend. The student’s academic performance, school, and photo were displayed in the FIITJEE ad. In the wake of many student suicides, coaching institutes have been encouraged by the government to be sensitive to pupils. Social media users called the commercial “shameful” and “disgusting“.
A photo of the ad published by Assistant Commissioner of Income Tax, Government of India officer Katyayani Sanjay Bhatia on X revealed the issue. She tweeted- “A new low in advertisements FIITJEE. You are posting a picture of a child saying she performed badly because she left your institute! I have blurred the picture because I don’t believe in this disgusting way of claiming your superiority by belittling a girl child”, she stated.
The daily’s front page advertisement claimed that the ex-student could have scored 100 NTA in JEE-Mains 2024 instead of 99.99 if she hadn’t left for a “EVIL Institute from Kota with a history of suicides“. JEE was also criticised for calling its competition “evil”.
FIITJEE vs Evil Institute
Effects on Education and Society
Coaching institutes in India have transformed education and society. These institutes claim to help kids succeed academically, but they have lowered school and college quality.
Coaching institutes also cause society’s obsessive fixation with exam outcomes. These institutes’ strong competitiveness has made parents, students, and schools prioritise grades over all else.
Holistic development and critical thinking are neglected in favour of rote memorisation and exam preparation.
Coaching institutes put kids under tremendous pressure. Many students feel overwhelmed by academic requirements. Constant stress can cause anxiety and despair.
India’s economy and entrepreneurial spirit have flourished in recent years, leading to the emergence of the top 10 companies by market valuation as the leaders of the country’s dynamic corporate landscape in 2024.
These companies span various sectors and industries, showcasing their success and innovation and contributing to the country’s growth trajectory while influencing global markets.
In this article, we will take a closer look at the top 10 companies in India by market valuation, exploring their diverse sectors, innovative strategies, and the factors that have contributed to their success.
Reliance Industries – Top Indian Companies by Market Valuation
Reliance Industries Limited is recognized as India’s largest private-sector corporation that focuses on stakeholder-centric innovation and sustainable growth. Its motto is “Growth is Life.”
Over the years, Reliance has transformed from a textile and polyester company to an integrated player across various energy, materials, retail, entertainment, and digital services, contributing significantly to India’s economic landscape.
The company strongly believes in “What is Good for India is Good for Reliance”. It has positioned itself as a driving force behind India’s progress, especially in its commitment to self-reliance, sustainable growth, and embracing the new energy and digital-first future.
Reliance’s approach to value creation is characterized by its commitment to move “Forward with India” and “Forward with Everyone,” ensuring that the benefits extend beyond shareholders.
The company focuses on superior returns for investors, adherence to regulatory compliance, substantial contributions to the national exchequer, and extensive philanthropic initiatives through Reliance Foundation, thereby establishing itself as a responsible corporate citizen.
Reliance aims to provide superior experiences for its vast customer base across various business verticals, supported by solid partnerships with suppliers and vendors, including MSMEs and domestic manufacturers.
The company conducts its businesses ethically and respectfully, striving to uphold integrity and accountability in all endeavours. Reliance Industries Limited continues to shape India’s economic landscape while fostering a better future for all stakeholders through its relentless pursuit of excellence and commitment to societal well-being.
TATA Consultancy Services (TCS)
Founder
J.R.D. Tata
Founded
1968
Sector
Information Technology
Tata Consultancy Services (TCS) – Top Indian Companies by Market Valuation
Tata Consultancy Services (TCS) is a well-known provider of IT services, consulting, and business solutions with a history of over five decades. TCS firmly believes that innovation and collective knowledge can bring a brighter future.
It has been at the forefront of partnering with some of the world’s largest businesses and using technology to drive transformative change.
At its core, TCS is committed to fostering enduring relationships and delivering sustainable outcomes that reflect a long-term view prioritising mutual growth. This commitment also extends to its corporate social responsibility initiatives.
TCS endeavors to create more remarkable futures by connecting individuals to opportunities within the digital economy. TCS aims to contribute to a fairer and more equitable world for all, aligned with the values of its parent company, the Tata Group.
TCS empowers organisations to thrive in the digital age with its diverse services. It offers comprehensive solutions tailored to meet the evolving needs of its clients, from harnessing the power of artificial intelligence and cloud technologies to enhancing cybersecurity measures and leveraging data analytics for informed decision-making.
TCS’s expertise in consulting, cognitive business operations, IoT digital engineering, network solutions, sustainability services, and interactive experiences underscores its commitment to driving innovation and sustainability across various domains.
HDFC Bank – Top Indian Companies by Market Valuation
HDFC Bank Limited, known as HDFC, is one of the leading banks in India’s financial services sector, based in Mumbai. It was established in August 1994 and became the country’s largest private sector bank by assets, following the ‘in principle’ approval granted by the Reserve Bank of India (RBI) to its parent company, HDFC, as part of the liberalisation of the Indian banking industry.
HDFC has a strong legacy in the private banking sector and boasts an impressive distribution network with 8,192 branches and 20,760 ATMs/Cash Recycler Machines spread across 3,836 cities and towns as of February 2024.
The bank significantly emphasizes good corporate governance and has instituted a robust Corporate Governance Policy that serves as a guiding framework for managing and monitoring the bank in line with the principles of good corporate governance. HDFC Bank is committed to societal progress and champions empowerment through its social initiatives under the banner of ‘Parivartan.’
Through Parivartan, the Bank endeavours to catalyze positive transformation in the lives of millions of Indians, focusing on contributing to the economic and social development of the nation by empowering its communities sustainably.
These initiatives span a diverse spectrum, including rural development, education, skill development, livelihood enhancement, healthcare and hygiene, and financial literacy.
ICICI Bank
Founder
World Bank, the Indian government, and the Indian business executives
Founded
1994
Sector
Banking and Financial Services
ICICI Bank – Top Indian Companies by Market Valuation
ICICI Bank Limited is a renowned Indian multinational bank and financial services provider. It is headquartered in Mumbai and has a registered office in Vadodara. It offers extensive services to corporate and retail clients through various delivery channels and specialized subsidiaries.
These services include investment banking, life and non-life insurance, venture capital, and asset management. Over six decades, ICICI Group has played a vital role in fostering India’s economic growth and development, with a steadfast commitment to promoting inclusive growth.
For its exemplary commitment to corporate governance, ICICI Bank was awarded the ‘Best Governed Company Award’ by the Asian Centre for Corporate Governance & Sustainability in 2023. It also won the title of ‘Best Bank’ in the ‘Large Banks’ category at the esteemed 16th edition of the Mint BFSI Summit and Awards.
With these accolades and its continued commitment to excellence and societal impact, ICICI Bank reaffirms its position as a trailblazer in the banking and financial services industry. It is driving progress and prosperity for its stakeholders and the nation.
Bharti Airtel
Founder
Sunil Bharti Mittal
Founded
1995
Sector
Telecommunication
Bharti Airtel – Top Indian Companies by Market Valuation
Bharti Airtel is a renowned telecommunications company that provides trusted ICT services globally. Headquartered in New Delhi, India, Airtel has a vast global network spanning the USA, Europe, Africa, the Middle East, Asia-Pacific, India, and SAARC regions.
It is one of the top 3 mobile service providers globally in terms of subscribers. It operates in 18 countries across South Asia, Africa, and the Channel Islands. Airtel is known for delivering cutting-edge technology and offers 5G, 4G, and LTE Advanced services in India that cater to the evolving needs of consumers and businesses.
The company’s pioneering approach to strategic management, particularly its outsourcing model that encompasses all business operations except marketing, sales, and finance, has enabled Airtel to establish the ‘minutes factory’ model. This model is characterised by low costs and high volumes, enhancing operational efficiency and driving growth.
With its commitment to excellence and innovation, Bharti Airtel Limited continues to redefine the telecommunications landscape, providing seamless connectivity and advanced services to customers across the globe.
State Bank of India (SBI)
Founder
Government of India and Reserve Bank of India
Founded
1806
Sector
Banking and Financial Services
State Bank of India (SBI) – Top Indian Companies by Market Valuation
State Bank of India (SBI) is a Fortune 500 company headquartered in Mumbai that specializes in public-sector banking and financial services. With a legacy spanning over 200 years, SBI has gained the trust of generations of Indians.
The bank has diversified its businesses through subsidiaries such as SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, and SBI Card, among others. State Bank of India (SBI) operates globally through 235 offices in 29 foreign countries, ensuring a global presence across different time zones.
SBI remains committed to evolving and continually redefining banking in India by providing responsible and sustainable solutions to its customers. The bank’s roots trace back to the early nineteenth century with the establishment of the Bank of Calcutta in 1806, later rebranded as the Bank of Bengal in 1809.
This marked the beginning of the first joint-stock bank of British India, sponsored by the Government of Bengal. Subsequently, the Bank of Bombay and the Bank of Madras were established, forming the State Bank of India.
In addition to its banking services, it operates the SBI Foundation, a philanthropic arm dedicated to supporting development initiatives in India. The foundation aligns with corporate social responsibility mandates the Ministry of Corporate Affairs set. It is pivotal in driving positive change and fostering sustainable development nationwide.
Life Insurance Corporation of India (LIC) – Top Indian Companies by Market Valuation
Life Insurance Corporation of India (LIC) is a trustworthy and reliable organization serving over 250 million lives as part of its extended family. LIC has been providing its services for over six decades and understands its profound responsibility.
It recognizes the immense value of each life it touches. While insurance is its core business, LIC views its role as fostering trust and security in the lives of millions.
LIC is headquartered in Mumbai and is the largest insurance company in India and the largest institutional investor. It manages assets worth ₹49.24 trillion (US$620 billion) as of March 2023.
LIC is a public sector enterprise owned by the government of India. The Ministry of Finance administers it. It is committed to upholding the highest standards of service and integrity.
Apart from its core operations, Life Insurance Corporation (LIC) is committed to social responsibility. It demonstrates this through initiatives like the LIC Golden Jubilee Foundation. This charitable organisation was established in 2006 and is dedicated to promoting education, alleviating poverty, and improving living conditions for the underprivileged.
One of its notable programs is the Golden Jubilee Scholarship Award, which supports meritorious students from economically disadvantaged backgrounds in pursuing higher education.
Infosys – Top Indian Companies by Market Valuation
Infosys, a global leader in next-generation digital services and consulting, is driven by a profound purpose: to amplify human potential and create the next opportunity for people, businesses, and communities.
With a presence spanning more than 56 countries, Infosys empowers clients to navigate their digital transformation journey effectively. Drawing on over four decades of experience in managing the systems and operations of global enterprises, Infosys adeptly guides clients through their digital evolution, leveraging the power of cloud computing and artificial intelligence (AI).
By infusing an AI-first approach into the core of operations, facilitating agile digital solutions at scale, and fostering a culture of continuous learning, Infosys enables clients to achieve sustained growth and innovation.
The company is deeply committed to upholding good governance and environmental sustainability principles, fostering an inclusive workplace where diverse talent thrives.
As an Innovation and Knowledge Hub, Infosys spearheads initiatives like the Infosys Knowledge Institute, offering thought leadership to steer enterprises through their digital transformation journey.
Additionally, Infosys invests in entrepreneurial ventures globally through its Innovation Fund, established in 2015, and collaborates with startups worldwide through the Infosys Innovation Network, facilitating partnerships for client implementation.
Through these initiatives, Infosys remains at the forefront of driving digital innovation, knowledge dissemination, and sustainable growth, shaping a future where businesses and communities thrive in the digital age.
ITC
Founder
William M. Jacks
Founded
1910
Sector
Conglomerate
ITC – Top Indian Companies by Market Valuation
ITC, a leading Indian conglomerate, operates across diverse sectors, including fast-moving consumer goods, hotels, paperboards and packaging, agribusiness, and information technology. Recognised as India’s most admired company in a survey conducted by Fortune India in collaboration with Hay Group, ITC’s success is driven by its multifaceted approach to business.
As a leader in FMCG marketing and the Indian Paperboard and Packaging industry, ITC has established itself as a pioneer in farmer empowerment and responsible luxury hospitality. The company’s subsidiary, ITC Infotech, offers specialized digital solutions globally.
Over the years, ITC has developed a robust portfolio of 25+ Indian brands, leveraging its institutional strengths in consumer insights, R&D, and brand-building.
Embracing the ethos of ‘Nation First: Sab Saath Badhein’, ITC prioritizes societal value alongside profitability, leading in sustainability efforts and solid waste management through initiatives like the Well-being Out of Waste program.
Collaborating with farmers and local communities, ITC implements climate-smart and sustainable agriculture initiatives, aligning with the vision of doubling farmer incomes. In line with the “Make in India” initiative, ITC also invests in world-class manufacturing facilities and hospitality assets, reaffirming its commitment to India’s future development and competitive capacity.
Hindustan Unilever (HUL)
Founder
Hindustan Vanaspati Manufacturing Co., Lever Brothers India Limited and United Traders Limited
Founded
1933
Sector
Consumer Goods
Hindustan Unilever Limited (HUL) – Top Indian Companies by Market Valuation
Hindustan Unilever Limited (HUL), a British-owned Indian final goods company headquartered in Mumbai, is a subsidiary of Unilever. Established in 1931 as Hindustan Vanaspati Manufacturing Co., it was renamed Hindustan Lever Limited in 1956 and later became Hindustan Unilever Limited in 2007.
With a 90-year heritage in India, HUL is the country’s largest Fast Moving Consumer Goods (FMCG) company, offering over 50 brands across 16 categories.
As part of Unilever, a global leader in FMCG products, HUL benefits from extensive resources and expertise. It operates in over 190 countries and is known for its commitment to environmental, social, and governance principles.
HUL’s reputation extends beyond its products; it is India’s top ESG-rated FMCG company and the preferred employer across sectors. In a rapidly evolving world emphasizing digitization and sustainability, HUL remains dedicated to its purpose-led journey, ensuring it continues to meet the needs of consumers while fostering a sustainable future.
India’s vibrant corporate landscape in 2024 reflects a remarkable fusion of innovation, sustainability, and societal impact across diverse sectors. The top 10 companies by market valuation include names like ITC, Reliance Industries, HUL, Infosys, TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, LIC India.
Collectively, these companies not only drive India’s economic growth but also shape its social fabric through impactful initiatives that empower communities and foster sustainable development.
As India continues on its trajectory of progress, these companies serve as beacons of excellence, driving innovation, and contributing to a brighter future for all stakeholders.
FAQs
Which is the largest private company in India?
Reliance Industries is considered the largest private company in India.
Is Tata bigger than Reliance?
If we talk in terms of market valuation and revenue, Reliance is considered to be bigger than Tata. However, both have a wide range of businesses and are in a headstrong competition.
What is the richest company in the world in 2024?
Microsoft is considered as the richest company in the world for the year 2024 based on its market cap of $2992 billion. It is closely followed by Apple and Nvidia corporation.
In an era of technological advancements and dynamic market shifts, businesses face the challenge of keeping pace with evolving trends while ensuring their workforce remains equipped with the latest knowledge and skills. As they pivot and adapt, the ability to swiftly disseminate information and upskill their staff becomes paramount.
Enter e-learning platforms, the unsung heroes of modern knowledge management. Solutions that embody the essence of flexibility, offering learning experiences that transcend geographical and temporal constraints, ensuring employees get access to high-level educational content anytime, anywhere.
What sets this learning management system apart from traditional training methods? How does it redefine the learning experience for today’s workforce? And what advantages does it offer? Let’s unravel the mystery!
E-learning platforms represent digital hubs where educational content is delivered and consumed in a flexible, interactive format. Significantly, their impact extends beyond the confines of formal education, reaching into various sectors, including public institutions, corporations, and small businesses. They serve as necessary tools for knowledge dissemination, employee training, and skill development, catering to a wide range of industries and organizations and offering tailored learning experiences to employees at all levels. Whether onboarding new hires, upskilling existing staff, or fostering a continuous learning culture, they provide scalable solutions that transcend traditional time and space constraints.
Examples of E-learning Platforms Usage in the Corporate World
As mentioned, e-learning platforms have become increasingly popular in the modern business world. They prove to be an effective learning solution for employees working from within the company’s grounds and those working remotely. In which scenarios are they utilized? For one, corporations use them when onboarding new employees. They quicken the process, enabling them to swiftly acquaint new hires with company policies, procedures, and industry standards.
Moreover, they prove their usefulness for organizations with dispersed teams, facilitating rapid dissemination of knowledge about new products or services and ensuring alignment across geographical boundaries. But that is not all! E-learning also serves as a means for conducting certified client training programs, enhancing customer engagement and satisfaction while maintaining high service delivery standards.
What Are the Best Features of a Company E-learning Platform?
E-learning platforms, ranging from basic to extended, offer many functionalities that cater to the diverse requirements of companies. At their core, they enable efficient knowledge transfer and skill development through interactive courses and multimedia content. However, the extended functionalities truly elevate the experience for businesses. For instance, advanced learning management platforms facilitate training programs tailored to specific organizational objectives, allowing companies to align learning initiatives with strategic goals.
With the capability to host real-time audio and video conferences, they also extend beyond traditional teaching, supporting all-day conferences, workshops, and collaborative sessions. Naturally, we cannot forget the ease of integration with the company’s internal platforms like intranets and HR systems. It further enhances efficiency by centralizing access to learning resources and streamlining administrative processes. Lastly, progress tracking, assessments, and certifications empower companies to monitor employee development and ensure compliance with industry standards.
E-Learning Platform – The Ultimate Business Benefits
Quick Access to Resources
By providing employees with on-demand learning resources that can be accessed anytime, anywhere, e-learning platforms ensure they can acquire knowledge at their convenience, whether in the office, on the go, or working remotely. This kind of flexibility is essential for organizations that operate globally, constantly hiring staff from different regions.
Effective Induction of Employees
As mentioned already, e-learning platforms significantly streamline the onboarding process. From company policies and procedures to job-specific training modules, these ensure newcomers are equipped with the necessary knowledge and skills, reducing the time and resources needed for traditional onboarding programs.
Optimization of Everyday Work
Notably, e-learning platforms optimize company workflows. How so? Employees with up-to-date information and relevant skills are better equipped to perform their roles effectively. That, in turn, leads to increased productivity and streamlined processes across the organization.
Improvement of Internal Communication
By centralizing learning resources and fostering collaboration among team members, e-learning platforms serve as catalysts for efficient internal communication. Through discussion forums and messaging features, workers can interact, share their insights, and collaborate on specific projects in real-time.
Enhancement of Team Qualifications
Through personalized learning paths, countless certifications, and skill assessments, employees can expand their knowledge and experience. Ultimately, it enhances their performance and drives organizational innovation and competitiveness.
Time and Money Savings
Last but not least, as e-learning platforms eliminate the need for costly in-person training sessions and reduce employees’ time away from their roles, companies achieve substantial cost savings while still maximizing their operational efficiency.
As shown, e-learning emerges as the pivotal knowledge management tool for today’s businesses. Its ability to integrate with organizational workflows, foster collaboration, and enhance employee development underscores its part in driving success in the digital age. And, while basic versions of the platform offer a foundation, it is the extended functionalities that truly propel companies toward their goals.
Therefore, to harness its full potential, engaging professionals and utilizing e-learning platform development services is prudent. They will tailor the solution to your company’s unique needs and objectives, ensuring optimal implementation. Ultimately, you will be able to navigate the modern landscape’s complexities and leverage the power of continuous learning to stay ahead of the curve.
Since artificial intelligence was first presented to the public, it has quickly become the topic of conversation in the world. The question of whether it will be able to take over jobs previously performed by humans is the primary subject of these discussions. Because of the widespread use of this technology by businesses all over the world, there is now a significant number of people who are without jobs.
“Generative AI and the Future of Work in America” by McKinsey Global Institute is a new report that provides insight into the potential effects of AI on the US work market. Artificial intelligence (AI) and changing consumer behaviors will force people to seek out new job opportunities in a wide range of areas, according to the report. The study found that by 2030, AI might be responsible for 30% of US labor hours, which would mean economic automation would be happening much faster.
The Director, Programs for Asia at Deutsche Welle (DW), Debarati Guha, is of the firm belief that artificial intelligence will not displace people anytime soon, and this is especially true in the Asian region. In an exclusive interview with StartupTalky, she discussed not only her extensive research on AI and its inner workings but also other areas of her career and the ways in which young, aspiring journalists can stay motivated to reach their objectives.
Growing up in a bilingual and multicultural household piqued Debarati’s interest in religion, politics, and culture at a young age. She was born and raised in West Bengal and experienced the trauma of division that followed Bangladesh’s independence war in 1971.
She began her career as a journalist in 2003 in India and has since covered numerous political events in South Asia and around the world. Some of the notable South Asian figures she has interviewed include Shashi Tharoor (Indian writer and diplomat), Bangladeshi Prime Minister Sheikh Hasina, and eminent economist Prof. Amartya Sen. Since 2005, Debarati has been a resident of Germany.
She received her MA and MPhil degrees in politics at New Delhi’s Jawaharlal Nehru University. The working title of her dissertation was “Representation of Women in Postcolonial Literature: Exploring the Subaltern Studies Perspective.”
When Debarati first started working as a journalist in 2003, she was an assistant to the Asia reporter at the Frankfurter Allgemeine Zeitung in New Delhi. As soon as she completed her training in online, radio, and television journalism in 2007, she joined DW as a senior editor and moderator at the Bengali department. After serving as the coordinating editor for the Bengali, Hindi, and Urdu sections from 2009 to 2012, she was appointed head of DW’s Bengali Service in 2013. In 2015, DW entrusted Debarati with its South and Southeast Asian services.
Is Digitization Going to Devour Magazine and Newspaper Culture?
There is a strong debate that the future lies in digitization as print media is fading away these days. This also means that it is going to be the end of the era for these print journals that have dominated the media market over decades. With many strong players in the print domain shutting their businesses and shifting to online modules, there is a big sword hanging on the remaining one.
Commenting on these developments, Debarati stated, “To some extent, it will, but if we look at the Asian market, we can see that this shift is not going to bring about any significant changes in a short amount of time. Due to the fact that I am an Indian, and because it is true that we are a majority community, I am able to confidently assert that the culture of magazines and newspapers is not going to disappear any time soon. You are currently in India, and you may have noticed that despite the country’s huge modernization efforts, there are still areas that are deprived of fundamental necessities like electricity, clean water, and infrastructure, among other things. I mean, even now, people who live in this nation would like to have a newspaper as soon as they wake up in the morning. It is not until they have finished reading a certain magazine or newspaper that they feel as though their day has been finished. In conclusion, I do not believe that this culture will be unsuccessful in Asia. I mean, sure, AI and all that tech is great, but you gotta look at the big picture to realize that if it gets deployed in some workplace operations, humans can get other jobs. For example, if a journalist’s job gets taken over by AI, he can still write investigative stories or feature articles.”
The Number of Jobs Created and Eliminated Due to Artificial Intelligence Worldwide in 2022
Organizations Need Long-Term Success and Sustainability
Making decisions that are beneficial to the company while also having a positive influence on society and the environment is what we mean when we talk about sustainability in business. An all-encompassing strategy in which businesses conduct their operations in a manner that ensures the long-term ecological balance and social well-being of the community. Historically, sustainability was frequently considered an extraneous component, something that companies may choose to concentrate on in order to improve their public image. With that being said, this viewpoint has undergone a significant transformation.
In today’s world, including sustainability as an integral part of strategy planning is essential for any forward-thinking company. According to the findings of a recent study, sustainable business practices have the potential to result in a sixteen percent improvement in staff productivity and a nineteen percent rise in organizational efficiency.
Shedding her thoughts on the topic, Guha opined, “Accessibility is the first and most significant factor to consider in this regard. Only in the event that I be easily accessible will I be able to successfully settle a variety of problems. Given that DW has a presence in every region of the world, it is imperative that we implement strategies that are most appropriate for the organization. Due to the fact that regional media houses have access to a greater depth of particular news and information than we do, we are not in competition with them. Because of this, we are attempting to connect these developments in the Asian domain by giving it a German-Asian angle. Taking the ongoing conflict between Russia and Ukraine as an example, everyone was discussing the various aspects of the conflict and how it would impact the economies of that region. However, when we take a more holistic approach, we must also take into consideration the fact that a significant amount of edible oil that originates from Russia is utilized by countries such as Pakistan, India, and other Asian nations, which means that these nations are also going to be negatively affected.”
There Are No Shortcuts To Success
In her remarkable career span, Guha had the privilege of conducting interviews with notable individuals such as Sheikh Hasina of Bangladesh, Shashi Tharoor of India, and Professor Amartya Sen, who is both a writer and a recipient of the Nobel Prize in Economics. This rich experience of interacting with various different thinkers and visionaries has been instrumental in assisting her in establishing a strong career path. And as she progresses further in her job, she continues to put her acquired knowledge to use.
Emphasizing that there are shortcuts to success she stated, “My message to the young people who are just starting out in the journalism field is that there are no shortcuts to success. People will try to cast you in a negative light by saying things like “AI will take over,” “this trade will die soon,” and “this is not the good career option,” but in the end, it’s up to you to determine which side you want to take. Thus, you must work hard and stay alert. A person must also maintain an openness to learning over the course of their profession. This is because the instant a person believes that they have mastered all of the crafts, that is the day that their career will come to an end.”
Abira Dutta
