Blog

  • Zillow Success Story – How It Is Revolutionizing the Real Estate Sector

    From ordering gourmet food to getting coaching, everything is available online. Today, even our marketplace is online, whether groceries or property, one can easily buy them online. Traditionally, the real estate market was known for the deals that occurred with the help of unorganized brokers, agents, and middlemen.

    However, with the changing times, the real estate market has shifted on the internet, too; this is why Zillow came into existence with Zillow homes for rent, Zillow homes for sale, Zillow apartments, and much more.

    With due diligence, one can buy or sell properties and houses on real estate websites. In 2023, the National Association of Realtors stated that 52% of the buyers who bought homes found them on the internet.

    As per the report posted on ipropertymanagement.com, real estate websites collectively are known to have been visited more than 120 million times on the internet, and one such dominant platform is Zillow. More than 57 million unique visitors search for properties on Zillow in a month as of 2023. Find more information about the real-estate platform and dive deep into the history of Zillow.

    Zillow – Company Highlights

    Startup Name Zillow
    Headquarter Russell Investments Center Seattle, Washington, U.S.
    Sector Real Estate
    Founders Rich Barton & Lloyd Frink
    Founded 2006
    Revenue $1.945 Billion (2023)
    Website www.zillow.com

    Zillow- About
    Zillow- Startup Story
    Zillow- Business Model
    Zillow – Acquisitions
    Zillow- Revenue Model
    Zillow – Threats to Its Revenue

    Zillow – About

    Zillow is one of the most prominent and famous real estate and home-related brands on the internet today. Zillow Group, Inc. has it focuses on all stages of the home life cycle including renting, buying, financing, selling, home improvement, and so on.

    With its unparalleled data, inspiration, and knowledge of homes and real estate, Zillow Group is committed to empowering its consumers and connecting them with the right professionals to help.

    Concerning the business-to-business (B2B) segment, Zillow Group also develops and provides marketing and technology solutions to help real estate, rental, and mortgage professionals maximize and increase business opportunities.

    This helps them to connect with millions of customers daily and increases their reach as well. Zillow’s Data and voice communication needs are accomplished by threshold communication, which helps safeguard clients from the traditional errands of multiple network and hardware vendors.

    Zillow was founded with the prime objective of finding houses and apartments and helping consumers find their best-match properties, and now the company has expanded its services way beyond. Besides, the Zillow group also operates similar real estate portals like Trulia, Hot Pads, and Street Easy.


    Real Estate Success: Factors and Government Influence on Investments
    Explore the key factors guiding real estate investment decisions and how government policies and initiatives influence the real estate sector in India.


    Zillow – Startup Story

    Zillow Home Page - Zillow's Story
    Zillow Home Page

    The idea of funding a platform like Zillow was initiated in the year 2004 by Rich Barton. At that time, Barton was working at Microsoft Firm. With the thought of changing the real estate industry and transforming the sector, Zillow was formed in the year 2004. The company’s website was launched in 2006, and the company started its operations thereafter.

    Later on in the year, 2010 Barton stayed as the executive chairman, and Spencer Rascoff was appointed as the CEO of the company by the board of directors. After eight years, when Zillow was about to enter the on-demand home-buying market, Barton returned as the CEO of the company to lead in the transition phase. He is still the CEO of the firm.

    In 2018, the company stepped outside the country for the very first time and partnered with Century 21 Canada to list Canadian properties on its website.

    Zillow – Business Model

    Rich Barton - Zillow Founder
    Rich Barton – Zillow Founder

    The whole Business Model of Zillow came down with the single objective to empower people with tools and information so that they make wise decisions in buying, leasing, selling, remodeling, financing, or renting homes.

    The segments that the company has categorized on its portal are:

    1. Sale: The customers in this section can find properties for sale according to their preferences by applying various filters.

    2. Buy: This category is further categorized into different types-

    • Foreclosed: These are the properties where the homeowners have failed to pay the mortgage value, and the property has now gone for foreclosure auction
    • Pre-foreclosure: These are the properties that are in the early stages of being
      repossessed due to the owner’s inability to pay the mortgage amount
    • The others include new constructions, flats recently sold, and for sale by the owner

    3. Rent: In this section, customers can explore options like rental buildings, apartments, or offices.

    4. Home Loans: Visitors on the website can also explore the various financing options, like refinancing rates, mortgage rates, different lenders, etc.

    5. Agents: This is the last category where the visitors can look out for the agent’s help if they wish to. The portal helps you find the right real estate managers, property managers, home inspectors, home builders, etc.


    51 Business Ideas for Vacant Land to Make Money
    Wondering how to use your vacant land to make money? Here are listed 51 business ideas for vacant land to make money from. Read to know all.


    Zillow – Acquisitions

    Acquisition Year Company Name Acquisition Price
    2021 VRX Media
    2021 ShowingTime $500M
    2018 Out East
    2018 Mortgage Lenders of America $65M
    2017 New Home Feed
    2016 Naked Apartments $13M
    2016 Bridge Interactive
    2015 DotLoop $108M
    2014 Trulia $2.5B
    2014 Retsly
    2013 StreetEasy $50M
    2012 HotPads $16M
    2012 Mortech $17M
    2012 Agentfolio
    2012 RentJuice $40M
    2011 Postlets $1M

    Zillow – Revenue Model

    Revenue Breakdown of ZillowAnnual Revenue of Zillow
    Annual Revenue of Zillow

    Zillow is a free website when it comes to listing a property for sale or rent. Websites, online tools, and mobile applications are free as well. Even though the company is providing almost everything for free its annual revenue was $1.45 billion (2023). Zillow’s business model is based on peer-to-peer (P2P), agency-to-the-customer (B2C), and agency-to-agency (A2A).

    These are the ways through which Zillow is generating its revenue:

    1. Sale of Advertisements to Property Management Companies

    Zillow has a rental network that maximizes the visibility of the advertiser’s property to the renters. This network comprises Zillow, Trulia, Hot Pads, and Street Easy. Zillow offers this network to property management companies. Such rentals bring a huge part of the revenue for the company.

    2. Premier Services for Real Estate Agents

    Through means of advertising, Zillow’s premier services can bring you buyers, sellers, and better business for agents. If one wants to become a premier agent, Zillow charges a nominal amount that depends on the place and the area. These agents pay Zillow an amount determined by the number of ad impressions delivered to the users of that area.

    3. Ad Sales to Mortgage Lenders

    The platform also sells its advertising space to mortgage lenders and businesses such as general contractors, interior designers, home organization retailers, etc. These lenders and businesses pay Zillow based on cost per click (CPC) or cost per thousand impressions(CPM).

    How Zillow Dominated Real Estate

    Zillow – Threats to Its Revenue

    Zillow heavily relies on advertising revenue for its financial success. However, given that most of its advertising relationships are short-term, there is a risk that Zillow could lose its existing advertisers and struggle to find replacements. This could lead to a decline in its advertising revenue, which would be detrimental to the company’s growth and profitability.

    Furthermore, Zillow’s Premier Agent program, which is a significant source of advertising revenue, could be affected if real estate agents stop seeing the value in advertising on its platform. If agents find other, more attractive options for advertising their services, Zillow’s revenue could suffer.

    In addition, factors beyond Zillow’s control, such as fluctuations in the real estate market or a drop in consumer interest in home buying and mortgages, could lead to a decrease in user traffic to the site and, consequently, lower ad revenue. This would further compound the challenges that Zillow may face in maintaining its financial success.


    How to Start a Real Estate Business in India in 2023
    Starting a real estate business requires planning, research, obtaining licenses and registrations, and finances. Learn how to start a real estate business in India.


    Conclusion

    Zillow is a real estate-focused online brand that has products available for all stages of home life cycling. Zillow was introduced to the world in 2006 after the initiation of re-evaluating the real estate market by Rich Barton, a former Microsoft employee.

    Zillow is known to provide free services to its users related to renting or buying a house, as well as many other similar services. Zillow is considered one of the major players in the real estate sector.

    FAQs

    What is Zillow?

    Zillow Group is one of the major players in the real estate sector, highly known for providing services spanning all the stages of the home life cycle. They provide services like buying, renting, leasing, and financing a property.

    When did Zillow start?

    Zillow was started in the year 2006. The CEO of Zillow is Rich Barton.

    Who owns Zillow?

    Rich Barton, a former Microsoft employee, owns Zillow.

    Who are Zillow’s competitors?

    Some of Zillow’s competitors are BoldLead CRM, Realtor.com, Zumper, Apartments.com, etc.

    How does Zillow’s business model?

    Zillow earns its revenue from multiple sources; some of them to be counted are selling advertisements, providing premier services to its customers, etc.

  • Google Suite aka Google Workspace – Know about Its Tools, Collaborations & Pricing

    Innovation is the key to success, which is true because new things are attracted much faster than older ones. Google did not only focus on its search engine but rather took the time to come out with tools that became beneficial for all groups of people.

    The G Suite which is now known as Google Workspace is a collection of Google tools like Gmail, Google Drive, Google Sheets, Google Calendar, Hangouts, and many more. Most of these tools are used for free these days. But, have you tried its paid version yet? Well, you should try it out.

    Google Workspace Tools For All
    Why Choose Google Workspace?
    Google Workspace Pricing Factors
    Google Workspace Additional Features
    Conclusion
    FAQs

    about Google Workspace Suite

    Google Workspace Tools For All

    It was back in the year 2006 when Google officially launched its online office suite tools. Google wanted to bring a sense of control inside the organization and offer better features to people free of cost.

    Not only did the common people benefit a lot but several large organizations used these tools for their daily activities. Though the tools were offered to the people free of charge people experienced their documents to be safe and secure and it was better than doing things manually.

    Google Workspace collaboration tools include the following tools:

    • Gmail
    • Google calendar
    • Google Sheets
    • Google Docs
    • Google Slides
    • Google Keep
    • Google Hangouts
    • Google Meet

    Google is still working on new things for a better experience in Workspace. Not only they are updating Workspace tools but they are developing new tools. When Google Classes was launched back in August 2014, many more tools were added like assignments along with many more.

    Google meet, docs, slides, sheets chrome, Gmail, became useful tools not only for businesses but teachers and students showed results of improved effectiveness in their day-to-day learning.

    Why Choose Google Workspace?

    Google Workspace
    Google Workspace

    There are several reasons why you can choose Google Workspace. Keeping aside all other factors, the price factor is one of the major factors why people just jump right into Google’s tools. It just doesn’t end there because not only the tools are cost-free but it is effective at the same time.

    The effective features of Workspace tools become a great advantage to take over its competitors in the market. Google leads when it comes to their online tools and services and then other companies like Microsoft, Adobe, Slack, and other such companies follow.


    Google Ventures Investment | Google funded startups
    Google Ventures is a capital investment firm. Here is a list of top startups funded by Google Ventures. Know about Google Ventures Investment.


    Google Workspace Pricing Factors

    Keeping aside all other things let’s focus on the pricing factors of these tools. Let us take an example of Gmail which has been offered to the common people free of charge but there is also a choice of pay where users can take the advantage of its premium features.

    Some basic plans for Google’s Workspace tools start as low as INR 136.90 per month which is called the Business Starter plan. The Business Standard comes with INR 736 per month and the Business Plus plan comes with INR 1380per month. Apart from this there is also a free trial to let you expedience its magic!

    Almost all the tools of Google Workspace are free to use but to get the benefits of premium features one has to make the predetermined payment. For example, if you get the paid version of Gmail then you can get the option of choosing a custom email domain. You will also get unlimited group email addresses.

    Other than those you will also experience the benefit of storage which will be doubled once you get the premium version of Gmail. No advertisement and 24/7 customer support. Similarly, you can get benefits if you pay for other Workspace tools.


    Top Crazy Patents Filed by Google, Apple, Amazon and Tech Companies
    Here some of the tech companies that have filed the most crazy patents including Apple, Google and Motorola.


    Google Workspace Additional Features

    The company has promised that it will bring updates to its tools to provide a secure network. Google Workspace will also be adding ‘Drive Labels in Workspace’ where both common people and businesses would be able to classify files stored in Drive based on the sensitivity level.

    This will help businesses and organizations ensure that there is no external sharing, or downloading of sensitive files. Hackers and other cybercriminals would have to think twice before stealing because if they try to then organizations will be warned about it beforehand.

    Google will also bring out a new team that will oversee the security department. The Google Cybersecurity Action Team (GCAT) would be managed by top-class cybersecurity experts from the company.

    Conclusion

    Google Workspace recently made huge news where they will be adding new app integrations and security capabilities. So, there is no saying that Google Workspace will stop updating its existing tools and also roll out new ones in the future.

    FAQs

    Is G Suite and Google Workspace the same thing?

    Google updated its G Suite to Google Workspace where tools like Gmail and Google Docs getting a new logo along with added features.

    Why was Google Workspace launched?

    Google Workspace was launched with the vision for the future and to create a strong connection between humans.

    Is Google Workspace safe?

    Google Workspace is safe, employing encryption, authentication measures, access controls, audits, and compliance certifications to protect user data.

  • RailYatri – Making Traveling Easier For Indians

    There is nothing like exploring India’s vast and diverse landscape, and the Rail Transport Service a marvel of contemporary transportation is the hub of this adventure.

    With 68,907 kilometers of rail routes and 8000+ stations, India’s passenger rail network is the world’s fourth-largest. With over 11 billion passengers, Indian Railways is the world’s busiest networks. Trains run almost anywhere in India, and it’s fair to say that you can travel by train the length and breadth of the country between any two Indian cities or major towns.

    With 24 million passengers traveling and commuting by train every day, RailYatri aims to provide detailed and inclusive information to its passengers, allowing them to make informed decisions and simplifying their train travels. RailYatri is a leading website for train passengers on Indian Railways.

    Read more about the RailYatri, Founders and Team, Business Model, Revenue Model, Funding and Investors, Growth and more.

    RailYatri – Company Highlights

    STARTUP NAME RAILYATRI
    Headquarters Noida, Uttar Pradesh, India
    Sector Tourism
    Founders Kapil Raizada, Manish Rathi, and Sachin Saxena
    Founded 2011
    Website railyatri.in

    RailYatri – About
    RailYatri – Industry
    RailYatri – Founders and Team
    RailYatri – Startup Story
    RailYatri – Name and Logo
    RailYatri – Mission and Vision
    RailYatri – Products and Services
    RailYatri – Business Model
    RailYatri – Revenue Model
    RailYatri – Challenges Faced
    RailYatri – Funding and Investors
    RailYatri – Acquisitions
    RailYatri – Growth
    RailYatri – Awards and Achievements
    RailYatri – Competitors
    RailYatri – Future Plans

    RailYatri – About

    RailYatri is a trailblazing startup that has transformed train travel via its cutting-edge mobile application and intuitive online platform. With its extensive feature set, this dynamic platform offers users real-time train timetable information, booking options, and crucial travel warnings.

    Beyond the essentials, the app provides users with features like meal reservations, station locations, seat availability projections, live announcements, and insightful rider comments to help them make well-informed decisions. Navigating the complexities of rail travel is made efficient and enhanced with a smooth fusion of factual information and ease when you use RailYatri.

    RailYatri was conceived as a data-driven “intelligent” and consumer-centric travel platform. It is a Made-in-India and Made-for-India product company. RailYatri is the fastest-growing consumer brand in the intercity transportation space, as well as an innovator.

    RailYatri – Simplifying Train Travel

    RailYatri – Industry

    A report analysis by Statista indicates that the travel and tourism industry in India is expected to increase significantly, with revenues expected to soar to US $23.72 billion by 2024. A strong expansion within the sector is indicated by the thorough study’s remarkable predicted Compound Annual Growth Rate (CAGR 2024-2028) of 9.62%.

    Based on this analysis, the market volume is predicted to rise to an estimated US $34.25 billion by 2028, indicating that the upward trajectory will continue. This data highlights how vibrant and active India’s travel and tourism sector is, indicating not only the health of the market right now but also the industry’s bright future for potential stakeholders and investors.

    RailYatri – Founders and Team

    Kapil Raizada (Co-Founder and Director), Manish Rathi (Co-Founder and CEO) and Sachin Saxena (Co-Foundert and Board Member) are the founders of RailYatri which was founded in 2011.

    Sachin Saxena (Co-Founder and Board Member), Manish Rathi (Co-Founder and CEO), Kapil Raizada (Co-Founder and Director), Co-Founders of RailYatri
    Sachin Saxena (Co-Founder and Board Member), Manish Rathi (Co-Founder and CEO), Kapil Raizada (Co-Founder and Director), Co-Founders of RailYatri

    Kapil Raizada

    Co-Founder and Director of RailYatri Kapil Raizada is an IIT Kanpur alumnus who started his career at A.F. Ferguson & Co. His career progressed through important positions as Head of Product Management at iSOFT R&D Pvt. Ltd., Senior Product Manager at Storeperform Technologies Inc., and Product Architect at i2 Technologies.

    After that, Raizada joined GlobalLogic as Director of Product Management till moving on to OnMobile as Senior Director of Infotainment Products. His desire to start his own business resulted in the creation of RailYatri, where he is now a director and co-founder. In addition, he serves in a comparable capacity at IntrCity, which further highlights his significant impact on the development of rail travel in India.

    Manish Rathi

    Co-Founder and CEO of RailYatri, Manish Rathi, is a seasoned professional with a Master’s in Computer Science from Western Michigan University and a background in Production Engineering from VJTI, Bombay. He has worked as a Senior QA Lead at Leapstone Systems, a Research Scientist at Telcordia Technologies, and an Owner and Consultant at Software Practices LLC.

    Rathi has demonstrated a wide range of skills. He was the Director of Quality Assurance at July Systems and held the positions of Delivery Head/Business Development and AVP-Consumer Services/New Venture Services at GlobalLogic. In addition to RailYatri, he is the CEO and Co-Founder of IntrCity, where he has a substantial impact on India’s rail and IT industries.

    Sachin Saxena

    Co-Founder and Board Member of RailYatri Sachin Saxena is a highly skilled individual who holds an MS in computer-integrated manufacturing from the Georgia Institute of Technology and a BTech in aerospace engineering from IIT Kharagpur.

    He has held key positions throughout his career, such as GM of Loyalty Services at TIBCO Loyalty Lab, VP of New Ventures & Consumer BU at GlobalLogic, and VP of Product Management at E2open. Saxena expanded his knowledge base as Vice President of Cloud Security at Symantec and Blue Coat Systems before starting to invest with LP OVO Fund. Notably, he is the Co-Founder of Emanate Security Inc. and Co-Founder and Board Member of IntrCity.

    The company have 51-200 employees as per LinkedIn.

    RailYatri – Startup Story

    Manish Rathi and Kapil Raizada had compelling motivations when they chose to launch their first business. With more than 15 years of experience in the corporate world and a history of “false alarms,” Raizada experienced a turning point in his career following his fifth interview for a job with Amazon in 2011.

    He realized something had to change and that it was “now or never” to launch his own business. Age presented certain difficulties, but Raizada never wavered in her resolve. Acknowledging the high failure rate of businesses, his friend and colleagues contended that the equation makes age irrelevant.

    After RailYatri was founded in 2011, a year was spent perfecting the technological foundation and gaining subject expertise before the company opened to the public in 2013. At first, RailYatri functioned as a deep analytics platform, providing essential data on train seat availability, delays, and Indian station locations.

    2014 saw the company release an app to increase its reach, which signaled the start of a notable growth trajectory. Since then, RailYatri has risen to prominence in the travel tech sector thanks to its tenacity and dedication to offering crucial travel information.

    RailYatri – Mission and Vision

    The mission on the company’s websites states “to simplify travel for people in India.”

    The vision of the company is to “In order to assist its customers in making educated decisions and make their train travels easier, RailYatri strives to provide them with inclusive and thorough information.”


    Ixigo Success Story – Business Model | Revenue | Funding | Owner
    Company Profile is an initiative by StartupTalky to publish verified information
    on different startups and organizations. The content in this post has been
    approved by the organization it is based on. Back then, people who wanted to travel to a different city had to go through a
    rigorous and cumber…


    RailYatri Logo

    RailYatri’s legal name is Stelling Technologies Pvt. Ltd.

    RailYatri – Products and Services

    RailYatri’s prominent products and services are:

    • Flexi-Ticket: RailYatri has launched a revolutionary ‘flexi-ticket’ feature, as per a news report from February 20, 2023, that offers users unmatched flexibility for last-minute modifications to their travel schedules, especially when securing train reservations is difficult.
    • IntrCity: In India, one of the best and most reputable bus service providers is IntrCity SmartBus RailYatri. They offer assured end-to-end solutions for all of your travel needs, along with services on well-known bus routes.
    • Bus Tickets: RailYatri gives customers a quick and effective way to organize and reserve their bus travels by providing a thorough ticket purchasing platform.
    • Train Tickets: RailYatri’s primary feature is making it easier for customers to book train tickets, making it a more convenient and hassle-free option for travelers.
    • Food on Train: RailYatri expands its services to include the supply of meals on trains, realizing the value of a comfortable travel experience. This provision guarantees that passengers on trains will have access to high-quality meals.

    RailYatri – Business Model

    RailYatri, a distinguished Made-in-India and Made-for-India product company, has positioned itself as a consumer-centric and data-driven leader in the intercity transportation domain. The business strategy is based on significant growth, with key verticals including train ticketing, IntrCity smart buses, and transit food typically seeing monthly growth rates of 15-20% as per the news report of January 2022.

    With a mission to redefine the travel platform landscape, RailYatri is committed to making travel easier for millions of Indians by providing innovative solutions. RailYatri’s focus on cooperative expansion, variety, and the ongoing creation of more intelligent goods for long-distance travelers highlights the company’s dedication to improving intercity travel.

    RailYatri – Revenue Model

    RailYatri makes revenue from different resources; some of the prominent ones are:

    Food Business: RailYatri’s food business generates money by allowing users to access and order meals while traveling by train, hence augmenting the overall revenue stream.

    Hotels: As an extra revenue stream and means of meeting tourists’ lodging needs, RailYatri’s business model incorporates earnings from hotel services.

    Bus Services: By giving passengers an alternate form of transportation, RailYatri’s IntrCity bus services support the business model.

    Campaigns: Revenue from campaigns is included in RailYatri’s revenue model; these may be collaborations or promotional efforts that support the platform’s broader monetization plan.

    RailYatri – Challenges Faced

    RailYatri encountered many difficulties in its early years of operation. The founders’ struggles to obtain venture finance served as a reminder of the dearth of risk capital available at the time. It was difficult to find the right investors because the project lacked the glitz and excitement that some of them were looking for. The founders’ plausible narrative revolved around resolving a real issue, namely, improving the comfort of train travel for millions of commuters.

    However, investment capitalists preferred more interesting proposals, and this story found it difficult to get their attention. While having a long-term vision and being patient were crucial, not all investors were eager to lend their support.

    In addition, the amusing episode of a VC supporting a dating app over their solution and the general lack of enthusiasm surrounding RailYatri’s business highlighted the fight for capital in the startup sector.

    Notwithstanding these difficulties, RailYatri’s dedication to an “old-school way of doing business,” which included bootstrapping and thrift, ultimately resulted in institutional funding in 2014, highlighting the significance of perseverance and a practical mindset in navigating the startup environment.

    RailYatri – Funding and Investors

    The RailYatri has raised $32.5 million in 9 rounds of funding:

    Date Round Amount Lead Investors
    Feb 19, 2024 Equity and Debt Funding $3.44 million Mirabilis Investment Trust
    Feb 24, 2020 Series B $14.3 million Nandan Nilekani
    Apr 27, 2018 Series B $8 million Omidyar Network
    May 23, 2017 Non Equity Assistance $50K Google Launchpad Accelerator
    Oct 19, 2016 Venture Round $3 million
    Apr 27, 2016 Series A $2 million Nandan Nilekani
    Jun 30, 2015 Seed Round $1.2 million
    Nov 20, 2014 Seed Round $486K Blume Ventures

    ScoutMyTrip – Top Road Trip Planner | Founder | Business Model | Funding
    Company Profile is an initiative by StartupTalky to publish verified information
    on different startups and organizations. The content in this post has been a
    pproved by the organization it is based on. Road trips have a different charm altogether. Stopping by to click photos,
    trying local food on t…


    RailYatri – Acquisitions

    On January 22, 2018, RailYatri broadened its offerings by acquiring YatraChef, an online marketplace aggregator that links passengers on Indian Railways with eateries. This calculated action improves RailYatri’s services and enables them to give customers a more thorough travel experience.

    RailYatri – Growth

    The growth milestones of RailYatri are:

    • It has served 20 million users as of January 2024.
    • It has 1.69 million reviews on the Play Store.
    • It has 50 million downloads as of January 2024.
    • The company had an estimated 30-35 million active users as of February 2020.

    Financials

    RailYatri Financials FY22 FY23
    Operating Revenue Rs 117.2 crore Rs 273.7 crore
    Profit/Loss Rs 43.87 crore Rs 18.18 crore

    RailYatri – Awards and Achievements

    RailYatri awards and achievements are listed below:

    • In 2014, RailYatri received the mBillionth South Asia Award, a testament to its superiority in the travel and mobile technology sectors.
    • In the Vodafone Appstar competition, the app won the Best Utility Award, demonstrating even more how important RailYatri is in terms of giving customers useful functionality.
    • Beyond accolades, RailYatri was well acknowledged, as seen by the critical praise it regularly received from print and online media sources, which highlighted its influence and potency in the travel and tourism industry.

    RailYatri – Competitors

    Trainman, OMitra, Confirmtkt, Railofy, and Travelkhana are RailYatri’s top five competitors of RailYatri.


    MakeMyTrip Success Story – Founder | Business Model | Revenue
    More Indians are now booking tickets and hotels online than ever before. Nothing
    can beat the comfort of being able to plan a trip from the comfort of your home.
    You can check out the prices and compare them to get the best out of the deal. A company that holds a major share in the Indian online …


    RailYatri – Future Plans

    RailYatri is starting a new chapter of expansion with the backing of robust confirmation of its value proposition, following a recent successful fundraising round. The funding demonstrates the platform’s trust in its mission to reinvent tourism in India.

    With the goal of redefining accessibility and convenience for travelers across the country, RailYatri intends to grow the range of travel services it offers in the future. As it continues to influence travel technology in the Indian industry, the platform’s dedication to innovation and a flawless travel experience portends a promising future.

    FAQs

    What does RailYatri do?

    RailYatri is a company that creates a mobile app and a web portal to make train travel easier. Its app provides users with information on locating and booking trains, as well as real-time alerts, meal reservations, station positions, seat availability and forecasts, live announcements, and rider commentary, allowing them to schedule and make train travel decisions.

    Who founded RailYatri?

    RailYatri was founded by Kapil Raizada, Manish Rathi, and Sachin Saxena in 2011.

    Which companies do RailYatri compete with?

    Trainman, OMitra, ConfirmTkt, Railofy, and Travelkhana are RailYatri’ s top five competitors.

  • What is Lead Retention? Top Peaks for Lead Retention in 2024

    A large-scale marketing initiative or eye-catching commercial might attract hundreds, if not millions, of potential clients. But if the company didn’t have any successful customer retention tactics in place to convert these individuals into devoted brand ambassadors, it would all be for nothing.

    Since the global market is starting a new chapter, your company must develop fresh strategies to forge a strong emotional bond with its present clientele. Our skilled experts have put together some retention strategies, which ought to be effective in any industry.

    What is Lead Retention?

    Top Peaks for Customer Retention in 2024

    What is Lead Retention?

    The ability to convert just a simple inquiry into a profitable relationship defines success across all kinds of industries. It includes retail and industries of eCommerce, wholesale, and a lot more.

    Lead retention is something that brings in constant revenue to your workplace. It’s the art and science of capturing, nurturing, and converting leads into promising and loyal customers, which brings in customer satisfaction.

    6 Easy Ways to Boost Customer Loyalty and Retain Customers StS

    What is a Retention Date?

    This figure evaluates how long your business can continue to serve the same clients. Utilize this equation: 

    💡
    Beginning customers × 100 / (Starting customers – New consumers)

    Imagine you had 100 customers at first, then after a year, you added 20 more and lost 15. The rate at which you would retain customers is: 

    85% equals (100-15) / 100 × 100.

    What is CCR?

    CCR (customer churn rate) is the percentage of customers who leave your brand within a predetermined time frame.

    The formula is:

    💡
    (Starting customers / Lost customers) × 100%

    For example, you may have 100 clients at first, but after a month, you lose 15 disgruntled ones. The churn rate is 15% (15 / 100)  × 100%. 

    Stronger client retention is indicated by reduced churn, thus lower is better.

    What is CLV?

    Using CLV (Customer lifetime value), businesses may calculate the overall revenue a single customer brings in throughout a long-term partnership.

    The equation is: 

    💡
    Purchase Frequency × Average Order Value × Length of Customer Life

    Wherein, the amount paid on each purchase is known as the average order value. The mean quantity of purchases made annually is known as purchase frequency.

    Client Lifespan: How long does a typical client stay with you?

    Try to understand this with this–a $50 order is typically placed by a customer who stays five years and makes purchases every three months. $500 is the CLV.


    Top 10 Customer Retention Tools to Help You Retain Customers
    It is crucial for any business to retain its customers for long. Popular customer retention tools include Amplitude, Zendesk, Qualaroo, and more.


    Top Peaks for Customer Retention in 2024

    The process of onboarding is your first-ever chance to stand out and make a good impression on your new customers. Setting them up for success with your service or product is also your chance. An onboarding process should be self-explanatory, concise, and easy to follow. It should also be personalized to the individual customer’s needs.

    Here are some tips for Client Retention-

    Welcome Email

    • Always start your journey by attracting clients with a welcome email. This email is the first step in building up a conversation with the client. It should include the introduction of your company and your product or service. It should also include a link to the onboarding documentation.
    • The instructions that you deliver should be clear and concise. 
    • The onboarding process of your company or product should be easy to understand and follow.
    • Avoid using synonyms to make it more unique. Clients like to read easy information that they can understand in the way they read.
    • Documentations should be well organized and easy to navigate.

    Personalized Onboarding Process

    • Every customer should have a customized onboarding experience from you. 
    • This involves referencing their brand, business, and sector at every turn.
    • Your clients should find it simple to receive assistance if they have questions. 
    • This means giving them an email address or a live chat window via which they can reach you.

    Discounts and Rewards

    • One popular strategy for encouraging customer retention is offering discounts and rewards
    • One may provide future purchase discounts, complimentary trials of new goods or services, or even just rewards as points that could be exchanged for prizes.

    Loyalty is Longevity

    • Rewarding your devoted clients with a loyalty program is excellent for long-term relationships. 
    • You can provide them with exclusive prices, first dibs on upcoming goods or services, or even just a feeling of belonging.

    Customize the Offers

    • Your chances of getting your clients interested in your offerings increase with their level of personalization
    • Using content effectively will interest your audience and keep them coming back for more. 
    • Articles, infographics, and blog posts work well to attain engagement and offer better value.

    Conclusion

    These clients or lead retention techniques have been identified as critical measures for business performance in 2023 and will continue to be so in 2024, even though certain modifications are necessary. 

    Customer contempt for chatbots or AI applications shouldn’t be taken as a sign to fully stop using them in the workflow. To meet client expectations regardless of their preferences or needs, you should instead support your trained agents using automated systems.

    FAQs

    What is lead retention?

    The ability to convert just a simple inquiry into a profitable relationship is called lead retention. Lead retention is something that brings in constant revenue to your workplace.

    What is the customer churn rate?

    CCR (customer churn rate) is the percentage of customers who leave your brand within a predetermined time frame.

    What are the top customer retention strategies to be followed in 2024?

    The top customer retention strategies to be followed in 2024 include sending welcome emails, a personalized onboarding process, offering discounts and rewards, rewarding devoted clients with loyalty programs, and customizing the offers.

  • The Psychology of Passwords: Why Do We Choose the Codes We Do

    Passwords are the frontline defense against unauthorized access to our personal and sensitive information. Yet, despite the numerous warnings about the importance of strong passwords, many of us still opt for codes that are far from ideal. From “123456” to “password,” the choices we make when it comes to passwords reveal fascinating insights into human behavior and cognition. Let’s delve into the psychology behind our password choices and explore the factors that influence them.

    Convenience
    Complexity
    Multiple Services
    Memorability

    Convenience

    Convenience often reigns supreme when it comes to choosing passwords. In a world where we juggle numerous online accounts, from social media platforms to banking websites, the temptation to opt for simple, easy-to-remember passwords is understandable. After all, who wants the hassle of remembering a complex string of characters for each account? As a result, many individuals resort to using familiar words, birthdays, or sequential numbers, sacrificing security for convenience.

    This can be even more true for PIN codes: it can be easier to remember random words on a string, but random numbers can be harder, making it more likely for the average person to just use birthdays or sequential numbers, making it easy to guess for cyber or finance criminals.

    Complexity

    On the flip side, there’s a prevailing understanding that longer, more complex passwords are inherently more secure. Combining uppercase and lowercase letters, numbers, and symbols can significantly bolster a password’s strength. However, this added layer of complexity comes at a cost – memorability. Complex passwords can be a cognitive burden, especially when individuals are tasked with remembering multiple intricate codes for different accounts. 

    Consequently, many users resort to writing down passwords or relying on password managers to alleviate the memory strain. While writing down passwords can be safe when they’re kept in a safe place, it can get less safe if you carry around these notes in public. A good all-around way to have and keep passwords is to have a professional password generator and storage app, which makes sure you have both complex passwords and convenience.

    Multiple Services

    The convenience of using a single password across multiple services cannot be overstated. It simplifies the login process and reduces the mental overhead of managing numerous credentials. However, this practice poses a significant security risk. In the event of a data breach, a single compromised password can grant cyber criminals access to multiple accounts, potentially leading to identity theft, financial loss, or other forms of cybercrime. Despite the inherent dangers, the allure of convenience often trumps security concerns for many users.

    Memorability

    Memorability plays a crucial role in password selection. People naturally gravitate towards passwords that are easy to remember, such as names of loved ones, pet names, or significant dates. While these passwords may hold personal significance, they are also inherently less secure. Cybercriminals exploit predictable patterns in password selection, making commonly used phrases or easily guessable combinations vulnerable to brute-force attacks and dictionary-based hacking techniques.

    Understanding the psychology behind password selection is key to promoting better security practices. Education and awareness campaigns can help users recognize the importance of strong, unique passwords for each account. Additionally, technological advancements, such as biometric authentication and two-factor authentication, offer alternative methods of authentication that balance security and convenience.

    In conclusion, the choices we make when it comes to passwords are deeply rooted in human behavior and cognition. While convenience and memorability may guide our decisions, it’s essential to prioritize security to safeguard our digital identities and sensitive information. By adopting stronger password practices and embracing emerging authentication technologies, we can collectively mitigate the risks posed by cyber threats in an increasingly interconnected world.


    Top 7 Must-Have Cyber Threat Intelligence Tools
    This blog lists the top 7 cyber threat intelligence tools. It will help you understand and choose the best suitable tool to secure your website.


  • YourOwnROOM Signs Strategic Partnership With Agser BuildTech for Bangalore Residential Projects

    February 22, 2024: Prop-tech Company YourOwnROOM signs a $2 Million Partnership with Agser BuildTech Pvt Ltd for their Residential Projects in Bangalore.

    The $2 million partnership was signed between Agser BuildTech Pvt Ltd and
    YourOwnROOM that will have YourOwnROOM as the designated Residential
    Rental and Property Management partner, responsible for offering end to end
    PropTech based rental and property management services.

    Agser BuildTech Pvt Ltd and YourOwnROOM have signed a partnership where YourOwnROOM will be the designated Residential Rental and Property Management partner offering end-to-end PropTech-based rental and property management services. 

    Abhi Homes in Devanahalli, Bangalore, located 10 km from Bangalore
    International Airport and 6 kms from Devanahalli business park phase, is the first
    project to be undertaken by the partnership. Abhi Homes is 10 km from Bangalore
    International Airport and 6 kms from Devanahalli business park phase. It comprises 248 units of 2 bedroom G + 4, sizes 810 to 865 sqft flats. Work is underway to hand over these units in May 2024.

    In addition, this partnership will also include Agser Homes – Malur, Bangalore
    which is located 2.5 KM from Malur Railway Station, 1.5 KMs from Manasa Bharani Hospital, 1.4 KMs from Govt Hospital and 3.5 KMs from Orchid International School – is another project that the partnership will undertake. This comprises 331, 1-bedroom units of size 695 to 755 sqft & 2 bedroom units measuring 908 to 980 sqft. 56 units in one block are getting ready for handover in May 2024.

    Agser Buildtech Pvt Ltd is committed to providing budget value homes to the customer through its two unique projects Abhi homes at Devanahalli Bangalore and Agser Homes at Malur. Bangalore Our partnership with YourOwnROOM will bring in a plethora of opportunities for the clientele who are looking for our apartments purely from investment perspective as YourOwnROOM as a professional rental service provider will be able to fulfill that gap & make it easier. We look forward for a long- lasting relationship with YourOwnROOM.” – R. V. Shiva Reddy, Managing Director

    YourOwnROOM will be the Proptech Residential Rental and Property Management partner for these Projects and will offer professional multiyear rental & property management services resulting into continuous cash flow, superior rental yields and capital appreciation for the homeowners. On the other hand , this partnership will help in increasing homeowner satisfaction and winning their confidence, which in turn will translate into higher reference business. The total Rental value of this deal across 5 years is estimated to be Rs. 17 Crores or $2 M for YourOwnROOM.

    The real estate market of Bengaluru is growing exponentially, backed by steady demand and launch of good projects and infrastructure development like BIAL, Metro expansions, flyovers and SEZ/TechParks, However we continue to see a huge gap between Demand for safe, secure and convenient homes near offices and supply in Bangalore especially for folks in their early career. We are super excited to partner with Agser BuildTech Pvt Ltd and offer our prop-tech rental and property management solutions to the Retail HomeOwners at the Point of Sale. I would also like to thank Mr. Prashanth Srinivas CEO @ Tesseract Management Consulting (TMC) for facilitating this deal. Tighter Partnership with Developers and Propcos is one of our core GTM strategies and will set the momentum for our Growth in 2024- 25 and beyond,” adds Prabhat Kumar Tiwary, Founder, MD & CEO, YourOwnROOM.

    In Dec-2023, Rushmore Estates, Co-Founded by Alok Kumar Singh (IIML, IIT-
    BHU) and YourOwnROOM, Co-Founded by Prabhat Kumar Tiwary (Stanford
    GSB, BIT Mesra) had signed a $4 million partnership to build studio pads for single professionals in Bangalore and offer Proptech Rental and Property Management Services.

    About YourOwnROOM
    YourOwnROOM is a prop-tech residential real estate rental & property management company with a vision to deliver higher economic returns to both individual & institutional property owners over the property lifecycle. Its Asset Under Management is 1 million square feet valued at over Rs. 400 crores ($50 M) spread across 400 properties in Bangalore and Pune.

    YourOwnROOM has raised $1.3 Million till its seed round and is currently raising
    Pre-Series-A capital. The Investment will be deployed towards sales and marketing, working capital, and upgrading technology platform.

  • Navigating the Automation of Audio and Video Quality Assurance Tests

    In an era where digital interactions are deeply embedded into our daily lives, the demand for high-quality audio and video has escalated to unprecedented heights. For testers, product managers, SREs, DevOps, and QA engineers, ensuring impeccable audio and video quality is paramount, especially when interacting with Over-the-Top (OTT) media services. Within this domain, automating audio and video quality tests has become indispensable, facilitating a smooth and consistent user experience (UX) free from technical glitches.

    When we plunge into automating tests for audio and video quality, the paramount goal is to test user experience that aligns perfectly with end-user expectations. It’s about ensuring clear and smooth playback and safeguarding the brand reputation by mitigating any disruptive experiences that might push users away.

    As a prominent component of digital media consumption, OTT platforms necessitate rigorous OTT testing to preserve the quality of audio and video streams. In this regard, the testing framework must encapsulate several elements, such as streaming quality, buffering times, synchronization between audio and video, and accessibility across diverse devices and network conditions.

    Let’s dive deeper into automated audio and video quality testing.

    Ensuring Audio-Visual Synchronization and Clarity
    Elevating a User-Focused Paradigm through Comprehensive OTT Testing
    Prioritizing User Experience through Meticulous Testing
    Integrating HeadSpin into the Testing Paradigm

    Ensuring Audio-Visual Synchronization and Clarity

    The synthesis of audio and video elements must be seamless to proffer an immersive user experience. Automated tests facilitate the scrutiny of A/V sync, detecting any discrepancies between audio and video streams. By automating these test audio-video procedures, we can reliably assess media content’s synchronization, clarity, and quality across varied devices and networks without manual intervention.

    Elevating a User-Focused Paradigm through Comprehensive OTT Testing

    OTT (Over-the-Top) platforms, which deliver content directly to users via the Internet, have notably reshaped the media consumption landscape. Amidst this transformation, adopting a user-centric approach in OTT testing is not merely a preference but an imperative to ensure the end-user interaction is seamless, satisfying, and free from disturbances.

    Tackling Varied User Scenarios

    OTT platforms encounter myriad user scenarios – varied devices, different network conditions, and disparate geographic locations, each presenting its unique challenges and variances in user experience. Rigorous testing should, therefore, simulate these varied scenarios to uncover potential issues and optimize the performance for each situation. This ensures that the streaming quality remains resilient against fluctuating bandwidth and can adeptly adapt to diverse device capabilities and screen sizes, providing an unwaveringly, high-quality experience to all users.

    Addressing Multi-Device Compatibility

    OTT services are accessed through smartphones, tablets, smart TVs, and computers. Hence, ensuring multi-device compatibility is crucial. The user interface, streaming quality, and content accessibility must be tested and optimized for each device type and operating system, maintaining a uniform quality and user experience.

    Securing Content and Safeguarding User Data

    Security testing is integral in OTT testing, where content protection and user data safeguarding should be prioritized. Ensuring that digital rights management (DRM) systems work effectively and that user data is securely handled across all interaction points safeguards the platform from potential legal and reputational risks.

    Optimizing Content Delivery Networks (CDN)

    The efficiency of CDNs, which are foundational in content delivery on OTT platforms, must be validated under varied network conditions and user loads. Automated testing workflows should be designed to assess the CDN’s capability to manage high traffic loads, deliver content with low latency, and switch between different CDN providers seamlessly to ensure uninterrupted service.

    Ensuring Accessibility and Compliance

    Accessibility testing ensures that the platform is usable by people with disabilities, adhering to regulatory compliance and broadening the user base by making the platform accessible to all demographics. Ensuring that subtitles, audio descriptions, and user interface elements are accessible and functional is pivotal to inclusive user experience design.

    Evaluating User Experience Metrics

    Beyond functional testing, evaluating user experience metrics like load times, buffering rates, video quality under different network conditions, and user interface responsiveness are vital to understanding how the platform performs from a user’s perspective. Metrics gleaned from real-world user experience testing should be analyzed and utilized to refine the platform continually.

    Analyzing User Behavior and Feedback

    Lastly, incorporating user behavior analytics and feedback into the testing strategy facilitates a deep understanding of user preferences, pain points, and expectations. Integrating this data into subsequent testing cycles ensures that the platform evolves in alignment with user needs and expectations, ensuring long-term user retention and satisfaction.

    A user-centric approach in OTT testing implies navigating through the user’s journey, identifying potential hurdles, and optimizing the platform to provide a smooth, secure, and enriching user experience. When combined with regular updates and refinements based on continual testing and user feedback, this propels the platform towards sustained user engagement and loyalty in the competitive OTT space.

    Utilizing a comprehensive platform like HeadSpin further enriches the OTT testing strategy, providing the tools and environments to accurately emulate real-world user scenarios, ensuring that the testing and optimizations genuinely reflect actual user experiences and expectations.

    Prioritizing User Experience through Meticulous Testing

    As previously highlighted, it is crucial to test user experience to ensure a flawless interface between the user and the platform. Automated tests evaluate load times, responsiveness, and navigability, providing insights crucial for optimizing the platform to meet user expectations.

    User experience testing, when automated, empowers us to identify existing issues and forecast potential challenges that might obstruct seamless user interactions in the future.

    Integrating HeadSpin into the Testing Paradigm

    In this evolving scenario, platforms like HeadSpin provide a plethora of solutions that assist in aligning the aforementioned testing protocols with real-world applications. Its comprehensive platform ensures that teams can thoroughly test and monitor performance, ensuring that users across the globe experience optimal audio and video quality.

    HeadSpin’s platform furnishes a holistic environment to test, monitor, and analyze user experiences, providing a lens to scrutinize the interactions from a user’s perspective. It allows testing across real-world devices, networks, and locations, ensuring that the metrics and issues identified genuinely reflect end-user experiences.

    Conclusion

    The objective of automating audio and video quality testing lies in its capacity to assure an unblemished and synchronized user experience, particularly in an age where digital content consumption is at its zenith. Implementing rigorous and automated testing protocols safeguards OTT platforms from potential pitfalls and fortifies the delivery of quality content that resonates with user expectations and preserves brand integrity.

    Harnessing platforms like HeadSpin ensures that the methodologies employed in the testing spectrum are exhaustive and ingrained with a user-centric approach, paramount to sustaining and escalating user engagement in the competitive digital realm.


    Netflix Viewership and its effects on economy & E-commerce
    Netflix is world’s most popular OTT service whose viewership is increasing hugely. Know how Netflix Viewership is affecting Economy & E-commerce.


  • The Top AI Meeting Assistant Tools for Productive Meetings

    When it comes to work, meetings play a crucial role in decision-making and collaboration. However, managing meetings can often be overwhelming, with the need to take notes, summarise discussions, and keep track of action items. This is where AI meeting assistant tools come in. These tools leverage artificial intelligence technology to automate various tasks, such as transcribing meetings, extracting key insights, and generating meeting summaries. In this article, we shall hover through the top AI meeting assistant tools that can help streamline your meeting process and boost productivity.

    What to Consider When Choosing an AI Meeting Assistant
    The Best AI Meeting Assistant Tools
    ClickUp
    Airgram
    Otter
    Fathom
    Krisp
    Fireflies.ai
    Sembly
    Avoma
    Supernormal
    Rewatch
    Jamie

    What to Consider When Choosing an AI Meeting Assistant

    Before diving into the list of AI meeting assistant tools, it’s important to consider some key factors when choosing the right tool for your needs. Here are a few questions to ask yourself:

    Features

    Does the tool include the must-have features and functionality that you require? Consider whether you need features like automatic meeting summarization, transcription, or integration with popular video conferencing platforms.

    Expertise

    Does the tool excel in a specific area or provide a wide range of features? Some tools may focus on transcription accuracy, while others offer advanced AI analytics and sentiment analysis.

    Use

    Can you use the tool for different types of meetings, or is it limited to internal meetings? Consider whether the tool can accommodate various meeting formats, such as one-on-one meetings, team meetings, or client meetings.

    Integrations

    Does the assistant tool work seamlessly with video conferencing platforms like Zoom, Webex, or Microsoft Teams? Also, check if it integrates with popular messaging apps like Slack or Microsoft Teams for easy collaboration and sharing.

    User experience

    Is the tool easy to learn and use? Look for a tool that offers a user-friendly interface and intuitive features to ensure a smooth meeting experience for all participants.

    Pricing

    Does the AI meeting assistant fit within your budget? Consider the pricing plans offered by each tool and evaluate the value it provides about its cost.

    By considering these factors, you can narrow down your options and choose the AI meeting assistant tool that best aligns with your unique needs.

    The Best AI Meeting Assistant Tools

    Now that we have discussed the key considerations, let’s explore the top AI meeting assistant tools available in the market today.

    ClickUp

    RATING 4.5
    Pricing Free trial Available
    Website www.clickup.com
    ClickUp - The Best AI Meeting Assistant Tools
    ClickUp – The Best AI Meeting Assistant Tools

    ClickUp is a versatile project management platform that offers an AI-powered meeting assistant. With ClickUp AI, you can automate meeting summaries and create action items based on meeting discussions. The tool provides high-quality meeting summaries that cover key moments and decisions, helping you save time and keep your team accountable. ClickUp also offers an extensive library of templates to streamline your workflow and features like task management, document collaboration, and meeting agenda creation.

    Pros

    • Instant, high-quality meeting summaries
    • Action item extraction from meetings, docs, and tasks
    • Collaborative meeting agenda creation
    • Extensive library of templates

    Cons

    • Not all views available on the mobile app
    • ClickUp AI only available on paid plans

    Pricing

    • Free Forever plan available
    • Unlimited plan: $7/month per user
    • Business plan: $12/month per user
    • Enterprise plan: Contact for pricing

    ClickUp Review: The All-in-One Productivity Platform
    ClickUp, now upgraded to ClickUp 3.0, is an all-in-one productivity and team management platform that aims to organize and deliver your tasks exactly when you need them.


    Airgram

    RATING 4.7
    Pricing Free and Paid Plans are Available
    Website www.airgram.io
    Airgram - The Best AI Meeting Assistant Tools
    Airgram – The Best AI Meeting Assistant Tools

    Airgram is an AI meeting assistant designed to handle the details of your meetings, allowing you to focus more on the discussion itself. The tool records meetings, transcribes the audio and provides easy sharing and collaboration features. Airgram’s AI capabilities enable you to extract key information from your meetings, turn audio and video footage into text transcriptions, and organize your meeting notes in one place. It also offers integrations with popular video conferencing platforms and provides multilanguage support.

    Pros

    • AI-powered data extraction from audio and video
    • Automatic recording of scheduled meetings
    • Centralized meeting note organization
    • Share meeting snippets and links with internal and external contacts

    Cons

    • AI may struggle to differentiate between speakers
    • Transcriptions currently only available in English

    Pricing

    Free plan available

    • Plus plan: $18/month per user

    Otter

    RATING 4.2
    Pricing Free
    Website www.otter.ai
    Otter - The Best AI Meeting Assistant Tools
    Otter – The Best AI Meeting Assistant Tools

    Otter is an AI-powered meeting assistant that provides real-time transcription and voice meeting notes. With Otter, you can transcribe meetings, summarize discussions, and assign action items to participants. The tool offers collaborative notes and transcriptions, a live in-meeting summary feature, and the ability to generate meeting summaries automatically. Otter also allows you to add highlights and comments to meeting transcriptions, making it easy to capture and organize key information.

    Pros

    • Real-time transcription and voice meeting notes
    • Collaborative note-taking and transcriptions
    • AI-powered search through past conversations
    • Automatic meeting summary generation

    Cons

    • No prompt to end recording, may accidentally record sensitive information
    • Limited editing capabilities for audio files

    Pricing

    • Free plan available
    • Pro plan: $10/month per user

    Sembly

    RATING 4.5
    Pricing Free and Paid Plans are Available
    Website sembly.ai
    Sembly - The Best AI Meeting Assistant Tools
    Sembly – The Best AI Meeting Assistant Tools

    Sembly is an meeting note AI tool for meetings that offers note-taking, meeting summarization, and collaboration features. With Sembly, you can find and review previous meetings, add time-stamped notes and bookmarks, and use the built-in chat feature for quick answers and follow-up emails. The tool also allows you to send Sembly to meetings you can’t attend and review the call notes later. Sembly offers a user-friendly interface and a search function for easy access to past meetings.

    Pros

    • Search function for finding previous meetings
    • Time-stamped notes and bookmarks
    • Built-in chat for quick answers and follow-up emails
    • Easy sharing of meeting notes with team members
    • Available only in English 48+ langugage.

    Cons

    • Difficulty in adding Sembly to calls at the last minute

    Pricing

    • Free plan available
    • Professional plan: $10/month for one user

    Fathom

    RATING 4.2
    Pricing Has a 30 days free trial with its price starting from $48 per month
    Website www.fathom.com
    Fathom - The Best AI Meeting Assistant Tools
    Fathom – The Best AI Meeting Assistant Tools

    Fathom is a free AI tool for note-taking that can be used as an AI meeting assistant. The tool allows you to invite Fathom to join your video meetings, where it can record, transcribe, and summarize discussions. Fathom offers features like automatic meeting summarization, call note syncing to CRM systems, and easy copy-pasting of summaries and notes across platforms. It also supports multiple languages and provides a user-friendly interface for a seamless meeting experience.

    Pros

    • Automated meeting summarization
    • Sync call notes to CRM systems
    • Copy summaries and notes across platforms
    • Supports multiple languages

    Cons

    • AI may struggle to distinguish between voices in large meetings
    • No “light mode” version available

    Pricing

    • Free plan available

    Krisp

    RATING 5
    Pricing Free and Paid Plans are Available
    Website krisp.com

    Krisp is a botless AI meeting assistant that captures and summarizes meetings without requiring a virtual participant to join your calls. It works across all major conferencing platforms like Zoom, Google Meet, and Microsoft Teams, and also supports in-person meeting capture through its mobile app. Krisp delivers accurate real-time transcription, AI-generated notes, and action items, while built-in AI Chat allows you to ask questions directly from your transcripts.

    Krisp has advanced audio features, including industry-leading noise cancellation and real-time accent conversion. Krisp also integrates directly with CRMs like HubSpot and Salesforce, and with Zapier you can connect it to thousands of other apps. Security is enterprise-grade, with SOC 2, GDPR, HIPAA, and PCI-DSS compliance, encrypted storage, and strict access controls.

    Pros

    • Award-winning noise cancellation that removes background sounds
    • Accent conversion that transforms strong regional accents into a more neutral-sounding voice in real time
    • Botless by default with optional bot mode
    • In-person meeting capture with mobile app
    • Accurate transcription with multilingual support (16+ languages)
    • Built-in AI Chat for direct Q&A with transcripts
    • Direct CRM integrations plus Zapier support
    • Strong enterprise-grade security and compliance

    Cons

    • Free plan has daily usage caps
    • Some advanced integrations are limited to Business and Enterprise

    Pricing

    • Free plan available
    • Pro plan: $16 per user/month ($8 with yearly billing)
    • Business plan: $30 per user/month ($15 with yearly billing)
    • Enterprise plan: Custom pricing

    Fireflies.ai

    RATING 4.3
    Pricing Free
    Website www.fireflies.ai
    Fireflies.ai - The Best AI Meeting Assistant Tools
    Fireflies.ai – The Best AI Meeting Assistant Tools

    Fireflies.ai is an AI meeting assistant that specializes in automating meeting notes. The tool can transcribe conversations from video call apps, audio files, and dialers, making it easy to capture and retrieve important information. Fireflies.ai also offers an AI-powered search feature that allows you to filter through past conversations and analyze speaker talk time and sentiment. You can share meeting notes with others through collaboration apps like Slack, making it convenient for team collaboration.

    Pros

    • Transcription of conversations from various sources
    • AI-powered search and analysis features
    • Collaboration and sharing capabilities
    • Integration with popular collaboration apps

    Cons

    • Overwhelming amount of action item suggestions for some users
    • Limited to internal meetings only

    Pricing

    • Free plan available
    • Pro plan: $10/month per user

    Avoma

    RATING 4.3
    Pricing Free and Paid Plans are Available
    Website www.avoma.com
    Avoma - The Best AI Meeting Assistant Tools
    Avoma – The Best AI Meeting Assistant Tools

    Avoma is an end-to-end AI meeting assistant and revenue intelligence tool that streamlines the entire meeting process. The tool offers agenda templates, collaborative note-taking, automatic recording, live transcription, and AI-generated meeting notes. Avoma’s features include instant meeting summaries, analysis of speaker talk time and sentiment, and integration with popular meeting platforms. The tool is particularly useful for sales teams, providing insights and analytics to improve customer interactions.

    Pros

    • Built-in agenda templates
    • AI-powered meeting summaries and analytics
    • Collaboration and note-taking features
    • Integration with popular meeting platforms

    Cons

    • Listening to transcriptions at higher speeds may result in cut-out words
    • Joining last-minute meetings may take several minutes

    Pricing

    • Free plan available
    • Starter plan: $19/month per user

    Supernormal

    RATING 4.1
    Pricing Free and Paid Plans are Available
    Website www.supernormal.com
    Supernormal - The Best AI Meeting Assistant Tools
    Supernormal – The Best AI Meeting Assistant Tools

    Supernormal is an AI tool for meetings that automates note-taking and offers features like meeting summaries, customizable templates, and collaborative notes. The tool automatically captures important details from meetings using AI note-taking, allowing you to customize your templates to match your note-taking style. Supernormal also enables you to create a searchable library of previous calls and meetings, making it easy to retrieve information. The tool is particularly useful for creating to-do lists and tracking action items.

    Pros

    • AI-powered meeting summaries and note-taking
    • Customizable templates for meeting notes
    • Searchable library of previous calls and meetings
    • Action item creation and tracking

    Cons

    • AI may struggle to distinguish between different voices
    • Pricing based on minutes recorded per month

    Pricing

    • Free plan available
    • Pro plan starting at $24/month for 1,000 minutes per month

    Rewatch

    RATING 4.2
    Pricing Free
    Website www.rewatch.com
    Rewatch - The Best AI Meeting Assistant Tools
    Rewatch – The Best AI Meeting Assistant Tools

    Rewatch is an AI meeting assistant that focuses on creating a video wiki for your meetings. The tool automatically records and transcribes video meetings, allowing you to store all your video calls and screen recordings in one place. Rewatch offers collaboration features, such as sharing ideas, discussing feedback, and asking questions within the tool. The AI-powered search feature allows you to easily find and filter conversations based on keywords or speakers. Rewatch also provides support in more than 30 languages.

    Pros

    • Automatic recording and transcription of video meetings
    • Collaboration features for sharing ideas and feedback
    • AI-powered search and filtering capabilities
    • Support for more than 30 languages

    Cons

    • Difficulty in finding or filtering conversations based on speakers
    • Limited availability of video download on the web version

    Pricing

    • Free plan available
    • Team plan: $19/month per user

    Jamie

    RATING 4.4
    Pricing Paid Plans Available
    Website www.jamie.com
    Jamie - The Best AI Meeting Assistant Tools
    Jamie – The Best AI Meeting Assistant Tools

    Jamie is a new AI meeting assistant that focuses on creating meeting summaries. When invited to a call, Jamie listens to the audio recording and generates a summary of the discussion. The tool offers a simple and efficient way to capture important information and highlights from your meetings. Jamie can be used with any meeting software and allows you to choose between a simple or in-depth summary based on your preferences.

    Pros

    • AI-powered meeting summaries
    • Can be used with any meeting software
    • Customisable summary options

    Cons

    • Limited to creating meeting summaries only
    • Currently onboarding new users from a waitlist

    Pricing

    • Starting from €24/month (Approx. $26/month)

    Conclusion

    AI meeting assistant tools have revolutionized the way we manage and optimize our meetings. These tools offer a range of features, from automatic transcription and meeting summaries to advanced analytics and collaboration capabilities. By leveraging AI technology, these tools help streamline the meeting process, save time, and improve productivity. When choosing an AI meeting assistant, consider the features, expertise, integrations, user experience, and pricing to find the best fit for your needs. With the right AI meeting assistant, you can enhance your meeting experience and make the most out of your discussions.


    10 Best Video Conferencing Software in 2023
    Video conferencing is the future of business communication. The best video conferencing software for businesses in 2023 includes Zoom, Zoho Meeting, Google Meet, etc.


    FAQs

    What are the best tools for AI Meeting Assistants?

    Some of the best tools for AI meeting assistants are ClickUp, Airgram,Otter, Jamie etc.

    What are AI meeting assistant tools?

    AI meeting assistant tools leverage artificial intelligence technology to automate various tasks such as transcribing meetings, extracting key insights, and generating meeting summaries.

    What are some free AI meeting assistant tools available in the market?

    Some examples of free AI meeting assistant tools include Otter, Fireflies.ai, and Rewatch. These tools offer basic functionalities such as real-time transcription, meeting summarization, and action item tracking at no cost.

  • Charles Geschke: Adobe’s Visionary Founder and Tech Pioneer

    Charles Matthew “Chuck” Geschke, a key figure in the tech world and one of Adobe Inc.’s co-founders, made a lasting impact on the digital scene. Born on September 11, 1939, in Cleveland, Ohio, Geschke’s life was marked by a strong drive for innovation and a dedication to pushing the limits of what could be done in computing.

    His influence on the tech industry is most evident in his significant role in establishing Adobe, a company that changed how people interact with digital content. Geschke’s pioneering efforts in software development and contributions to the growth of desktop publishing forever altered how individuals and businesses approach design and creativity. As a co-founder of Adobe, he not only shaped the company’s path but also played a vital role in transforming how the world engages with digital media, making his legacy a crucial part of the tech story.

    Geschke’s visionary leadership and dedication to innovation have left a lasting impression on how people and businesses approach digital creativity. His journey from a small town in Ohio to co-founding one of the world’s most influential tech companies underscores the transformative power of passion, vision, and a commitment to pushing the boundaries of what is possible in the ever-changing tech landscape.

    Adobe Founders – Charles Geschke and John Warnock Interview

    Charles Geschke – Biography

    Name Charles Geschke
    Born September 11,1939
    Education Ph.D Computer Science, Carnegie Mellon University
    Position Co-founder, Adobe

    Charles Geschke – Personal Life
    Charles Geschke – Early Life
    Charles Geschke – Career
    Charles Geschke – Adobe
    Charles Geschke – Philanthropy and Affiliations
    Charles Geschke – Controversies
    Charles Geschke – Awards and Recognitions

    Charles Geschke – Personal Life

    Geschke and his wife Nancy “Nan” McDonough had three children.

    Geschke’s mother worked as a bankruptcy court paralegal. Both his father and paternal grandfather were letterpress photo engravers. During the early days of Adobe, Geschke’s father supported the company by examining color separation work using his engraver’s loupe.

    Geschke passed away on April 16, 2021, at the age of 81, due to cancer.

    Charles Geschke – Early Life

    Charles Geschke’s early life set the stage for his later accomplishments. He obtained a bachelor’s degree from Xavier University in Cincinnati and later pursued a Ph.D. in computer science at Carnegie Mellon University. His academic pursuits equipped him with the theoretical knowledge and analytical skills essential for his groundbreaking contributions to the technology industry.

    Upon completing his doctorate, Geschke joined Xerox Corporation‘s Palo Alto Research Center (PARC), a renowned hub for pioneering work in computer science and engineering. It was at Xerox PARC that Geschke met John Warnock, another visionary who shared his passion for pushing the boundaries of technology.

    Charles Geschke – Career

    The collaboration between Geschke and Warnock sparked one of the most impactful partnerships in computing history. In 1982, these two visionaries joined forces to establish Adobe Systems Incorporated, aiming to create software solutions that would transform how people make and engage with digital documents. Adobe’s initial product, PostScript, was a breakthrough in desktop publishing. It served as a page description language, enabling smooth communication between computers and printers and establishing a universal standard for printing text and graphics. This innovation revolutionized the printing industry, simplifying the process for designers and publishers to produce high-quality documents with consistent results across various printing devices.

    Charles Geschke – Adobe

    Charles Geschke, alongside John Warnock, co-founded Adobe in 1982, driving technological advancements that forever changed how people create and consume content on various screens. As a highly regarded industry leader, Geschke played a key role in developing pioneering technologies in the software industry.

    Geschke served as the chairman of the board with Warnock from September 1997. He held the position of chief operating officer at Adobe from December 1986 to July 1994 and served as president from April 1989 until his retirement in April 2000. The duo founded Adobe in Warnock’s garage, naming it after the nearby Adobe Creek. Interpress, their initial project, eventually evolved into PostScript, playing a pivotal role in one of the first desktop publishing (DTP) systems. This allowed users to compose and preview documents on a personal computer exactly as they would appear in print, known as WYSIWYG.

    John Warnock and Charles Geschke - Founders, Adobe
    John Warnock and Charles Geschke – Founders, Adobe

    Geschke’s presidency at Adobe witnessed continuous innovation in digital creativity. Adobe Illustrator, introduced in 1987, became a crucial tool for graphic designers, enabling precise vector-based illustrations. The launch of Adobe Photoshop in 1988 solidified Adobe’s position in graphic design, offering powerful tools for image editing. These applications laid the foundation for Adobe’s Creative Suite, an indispensable toolkit for professionals and amateurs in the creative industry.

    Beyond his technical expertise, Geschke’s leadership style and commitment to fostering a creative and inclusive corporate culture played a vital role in Adobe’s success. Under his guidance, the company created an environment that promoted innovation and collaboration, instilling a sense of ownership and pride among employees. Geschke’s focus on ethical business practices and dedication to social responsibility contributed to Adobe’s reputation as a responsible corporate citizen. During his tenure as CEO and Chairman of the Board until 2017, the company not only thrived commercially but also actively participated in philanthropic initiatives and community development projects.


    Adobe’s Success story | Revenue | Business Model | Company Profile |
    Founded in 1982, Adobe is one of the greatest software companies of today. Know more about the company, Adobe founders, business model, and more in its success story here!.


    Charles Geschke – Philanthropy and Affiliations

    Chuck and Nancy Geschke were honored with the St. Elizabeth Ann Seton Award by the National Catholic Educational Association (NCEA) for their continuous leadership and charitable contributions to Catholic education. The achievements of the Charles M. and Nancy A. Geschke Foundation highlight their commitment to the well-being of the nation’s youth and their dedication to ensuring the vitality and accessibility of Catholic schools for the next generation. The Geschkes played leadership roles in institutions such as the University of San Francisco, Xavier University of Cincinnati, Marygrove College in Detroit, the Catholic Foundation of Santa Clara County, and Magnificat and St. Ignatius high schools in Cleveland.

    Through their support of initiatives like the Endowed Faculty Fund, the construction of the Geschke Learning Resource Center, and Charles Geschke’s role as the inaugural holder of the Rossi Entrepreneurial Chair at the University of San Francisco, the Geschkes significantly contributed to the advancement of education.

    Marygrove College alumna Nancy Geschke played a pivotal role in establishing Marygrove’s Nancy A. McDonough Geschke Writing Center. She was recently appointed to the board of trustees at Detroit College and led a capital campaign to rejuvenate both the building and operations of the Nantucket Athenaeum in Nantucket, Mass.

    Geschke served on various boards, including the San Francisco Symphony, the National Leadership Roundtable on Church Management, the Commonwealth Club of California, Tableau Software, the Egan Maritime Foundation, and the Nantucket Boys and Girls Club. He also served on the computer science advisory board at Carnegie Mellon University.

    In 1995, Geschke was elected to the National Academy of Engineering. In 2008, he became a member of the American Academy of Arts and Sciences. He completed his term as Chairman of the Board of Trustees of the University of San Francisco in 2010 and was elected to the American Philosophical Society in 2012.

    Charles Geschke – Controversies

    On May 26, 1992, while arriving for work in California, Geschke was kidnapped at gunpoint from the Adobe parking lot by two men, 26-year-old Mouhannad Albukhari from San Jose and 25-year-old Jack Sayeh from Campbell. An FBI spokesperson revealed that the kidnappers had contacted Geschke’s wife, demanding a ransom. Albukhari was later arrested after picking up the $650,000 ransom left at a designated spot by Geschke’s daughter. Following a discussion with the FBI, Albukhari led them to a bungalow in Hollister where Sayeh held Geschke hostage. After four days, Geschke was released unharmed, though he mentioned being chained during the ordeal. Eventually, both kidnappers received life sentences in state prison.

    Charles Geschke – Awards and Recognitions

    Charles Geschke’s impact on the technology industry goes beyond his contributions to Adobe, earning him various accolades and honors, including the National Medal of Technology and Innovation in 2009.

    • In 1999, Geschke became a fellow of the Association for Computing Machinery (ACM).
    • In 2002, he was honored as a fellow of the Computer History Museum for his achievements in the commercialization of desktop publishing with John Warnock, as well as innovations in scalable type, computer graphics, and printing.
    • In October 2006, Geschke and co-founder John Warnock became the first software executives to receive the annual AeA Medal of Achievement. In 2008, he was presented with the Computer Entrepreneur Award from the IEEE Computer Society. President Barack Obama awarded him the 2008 National Medal of Technology and Innovation.
    • In 2009, Adobe was recognized in the Forbes 400 Best Big Companies, and in 2010, it was ranked 1,069th on the Forbes Global 2000 list.
    • On October 15, 2010, the Marconi Society co-awarded Geschke and Warnock the Marconi Prize.
    • On May 20, 2012, Geschke delivered the commencement speech at John Carroll University in University Heights, Ohio, where he had previously been a mathematics professor. He was awarded an honorary doctorate of Humane Letters.
    • As a co-author, Geschke contributed to Wulf’s 1975 book, “The Design of an Optimizing Compiler.”

    FAQs

    Who is Charles Geschke?

    Charles Geschke co-founded Adobe along with John Warnock.

    What is Adobe used for?

    Adobe is a software company known for creating multimedia and creativity tools. Its products, such as Photoshop, Illustrator, and Acrobat, are widely used for graphic design, photo editing, video editing, and document management.

    Is Charles Geschke alive?

    No, Charles Geschke dies in the year 2021.

  • The Unicorn Club: Meet the Elite Founders Behind Multiple Billion-Dollar Ventures

    A unicorn is a privately held startup with a valuation of $1 billion or above. This financial milestone raises these companies in the eyes of investors, entrepreneurs, and the general public, as only a few companies achieve such high valuations before going public or being acquired. Unicorns have a remarkable ability to grow rapidly and exponentially. Their growth is not gradual; instead, it follows an aggressive and fast path that allows them to increase their market share quickly. 

    Innovation is at the heart of unicorn enterprises. They are renowned for bringing innovative and game-changing concepts to their specialized fields, frequently utilizing state-of-the-art technology and breaking new ground in business structures.

    There are more than 1,000 unicorn companies in the world. As of January 2024, India has 111 unicorn startups, making it the world’s fastest-growing startup ecosystem. 

    Starting your own business is a difficult road full of obstacles and uncertainties. However, even in this turbulent environment, some exceptional people repeatedly overcome obstacles. In the ever-changing world of business innovation, these trailblazers stand out as the creators of not one but several unicorn enterprises. Their experiences serve as the perfect example of determination, intelligence, and an unmatched ability to spot possibilities amid chaos.

    Bhavish Aggarwal
    Amitava Saha
    Supam Maheshwari
    Naveen Tewari
    Asish Mohapatra
    Ruchi Kalra
    Sandeep Aggarwal
    Vijay Shekhar Sharma

    Bhavish Aggarwal

    Name Bhavish Aggarwal
    Born 28 August 1985
    Education B.Tech (IIT Bombay)
    Position Co-founder and CEO of OLA Cabs, Founder of OLA Electric
    Bhavish Aggarwal
    Bhavish Aggarwal

    Bhavish Aggarwal was born in Ludhiana, Punjab, on August 28, 1985. He is an Indian businessman who founded Ola Electric and co-founded Ola Cabs. Aggarwal, an IIT Mumbai alumnus, started his professional career with Microsoft, where he worked for two years, filed two patent applications, and published three articles in international journals.

    In December 2010, he and a fellow student, Ankit Bhati, created the ridesharing business Ola Cabs, an ANI Technologies division. Ola achieved its first significant milestone in July 2014, reaching 10,000 rides per day. As the CEO of Ola Cabs, he introduced several divisions, including mobile payments and wallet services through OlaMoney and Ola Fleet. 

    In December 2017, Ola Cabs purchased Foodpanda‘s Indian business, thereby breaking into the food delivery market. In April 2022, he resigned as CEO of Ola Cabs to concentrate on Ola Electric. Under ANI Technologies, Bhavish Aggarwal founded Ola Electric on May 26, 2017. He initiated a trial project in Nagpur, Maharashtra, by erecting charging stations throughout the city and acquiring electric vehicles from manufacturers, including electric buses, electric rickshaws, and electric cars.


    Krutrim: India’s First AI Unicorn Hits Billion-Dollar Milestone
    OLA co-founder Bhavish Aggarwal’s “Made for India” Krutrim AI, hits a $1 billion valuation with $50 million funding, becoming India’s first unicorn of 2024 in just a month.


    Amitava Saha

    Name Amitava Saha
    Born
    Education PGDM (IIM Lucknow) B.Tech (IIT Banaras Hindu University, Varanasi)
    Position MD & CEO at Xpressbees, Co-founder & COO at FirstCry
    Amitava Saha
    Amitava Saha

    Amitava Saha is the co-founder and chief operating officer of FirstCry and the CEO of Xpressbees. Saha’s groundbreaking projects have continually disrupted sectors and transformed market landscapes. His ability to navigate unfamiliar territory with strategic insight and unshakable persistence has enabled him to establish not one but several unicorn enterprises. After completing his BTech at IIT Varanasi, he graduated with a PGDM from IIM Lucknow. Before launching Xpressbees alongside Supam Maheshwari, Amitava had positions as a Business Development Manager at Aricent, Senior Officer at Tata Steel, and Senior Business Development Executive at NIIT Technologies. 

    Following his decision to start FirstCry, where he held the positions of COO and co-founder, Amitava Saha went on to found Xpressbees. He has more than 17 years of expertise in sales and operations. 

    With an excellent nationwide supply chain management network, Xpressbees is India’s top logistics service provider. FirstCry is an online and offline business that offers a large selection of goods for mothers, infants, and children. The firm originated out of a desire to address the issue of millions of Indian parents lacking access to the top brands and baby care items for their children.

    Supam Maheshwari

    Name Supam Maheshwari
    Born 1974
    Education PGDM (IIM Ahmedabad), Delhi College of Engineering
    Position Co-founder & CEO at FirstCry, Co-founder of Xpressbees
    Supam Maheshwari
    Supam Maheshwari

    Supam Maheshwari is the CEO of FirstCry, a baby care company headquartered in Pune, Maharashtra, India. Maheshwari completed his formal education at Apeejay School. He graduated from Delhi College of Engineering with a Mechanical Engineering degree. He later attended IIM-Ahmedabad to pursue a PGDM. After completing his MBA, he conceptualized and developed Brainvisa Technologies, which he co-founded and oversaw as CEO until 2009. He is a first-generation businessman with an astute business sense.

    Supam Maheshwari was inspired to start FirstCry by his own experiences as a father looking for high-quality baby care goods for his child. He is an excellent leader and is well-known for his leadership abilities. Supam is also a co-founder of the logistics service company Xpressbees.

    Name Naveen Tewari
    Born 14 December 1977
    Education MBA (Harvard Business School)
    Position Founder & CEO at InMobi Group
    Naveen Tewari
    Naveen Tewari

    Naveen Tewari, founder and CEO of InMobi, was born and raised in Kanpur, Uttar Pradesh, in a family of academics. After working for McKinsey for three years as a consultant, Naveen graduated with an MBA from Harvard Business School. While at HBS, he started and led the India Schoolhouse Fund, a nonprofit in the United States that sponsors and establishes schools in rural India. 

    He dabbled in several ventures for a few years, although he could have been more successful. This included the startup and venture capital worlds. Tewari identified a market need as the mobile internet was on its way to revolution. He realized a platform was required to distribute customized advertisements on mobile devices. He launched InMobi in 2008. The ad tech business became the first unicorn in India in just three years. Tewari’s impact goes beyond the business sector. He strongly supports entrepreneurship and innovation, actively mentoring new firms and funding programs that strengthen the Indian IT sector

    Asish Mohapatra

    Name Asish Mohapatra
    Born 1980
    Education PGP-MBA (ISB Hyderabad), IIT (Kharagpur)
    Position CEO of OFB Tech Pvt. Ltd
    Asish Mohapatra
    Asish Mohapatra

    Asish Mohapatra is an Indian entrepreneur who has co-founded two unicorn firms in India. After obtaining his mechanical engineering degree from IIT-Kharagpur and his MBA from the Indian School of Business (ISB), he worked for Matrix Partners, a venture capital fund, for over four years. 

    Before he was able to launch his business, the IIT Kharagpur graduate was turned down a shocking 73 times. After receiving backing from the Japanese multinational conglomerate SoftBank Group Corp., Asish’s business became a unicorn in July 2021. It was valued at approximately $1.5 billion when it concluded a $160 million investment round. 

    In 2016, Asish, his wife, and a few other dedicated members of their team founded Oxyzo, an offshoot of Asish’s previous firm that provides SMEs with purchase finance and became a unicorn a year later, in 2022. The company stated that Oxyzo presently has 2000+ crores in AUM, is servicing more than 3,000 SMEs throughout India, and disburses more than 4,000 crores annually. 

    Asish Mohapatra’s journey demonstrates the value of patience, intelligent thought, and an in-depth comprehension of market needs. His initiatives not only help contribute to the Indian Economy but also motivate new entrepreneurs to pursue their objectives despite all obstacles. 

    Top 10 Indian Profitable Unicorns

    Ruchi Kalra

    Name Ruchi Kalra
    Born 1983
    Education Indian School of Business (Hyderabad), IIT (Delhi)
    Position Co-founder and CFO of OFB Tech Pvt. Ltd, Co-founder of Oxyzo Financial Services Limited
    Ruchi Kalra

    Indian businesswoman Ruchi Kalra is the co-founder of the unicorn companies OfBusiness and Oxyzo Financial Services. Ruchi completed her MBA at the Indian School of Business, Hyderabad, after earning her BTech in Chemical Engineering from IIT Delhi, and she began working as a senior business analyst at Evalueserve. 

    She quit her job at McKinsey in 2016 to launch her firm, OfBusiness, in the untested B2B market with her husband and six other partners. In 2017, her spouse and three other team members picked up an offshoot of their first firm. Oxyzo provides purchase finance to small and medium businesses, giving out cash-flow-based loans to aid SMEs who struggle to access working capital by employing technology that crunches data for them. 

    Sandeep Aggarwal

    Name Sandeep Aggarwal
    Born
    Education MBA (Washington University in St. Louis)
    Position Founder of Droom Technologies, Shopclues
    Sandeep Aggarwal
    Sandeep Aggarwal

    Sandeep Aggarwal is an Indian entrepreneur, angel investor, and the current CEO of Droom Technology Pvt Ltd. He was a Wall Street research analyst for fourteen years before starting his entrepreneurial journey. He was the top-ranked research analyst and worked for Collins Stewart, Oppenheimer, and Citigroup. 

    Sandeep established two startups: Shopclues, an online managed marketplace, in 2010, and Droom, an online vehicle marketplace, in 2014. He raised 16 million dollars in just a year. He raised 90 million dollars in multiple rounds in the following three years. Sandeep possesses a US patent, an MBA from Washington University in St. Louis, and all the qualities that make an entrepreneur successful: a combination of knowledge, creativity, and willpower. He also launched the Sandeep Aggarwal Foundation, which addresses India’s development concerns. The charity supports and uplifts different sectors of society through partnerships with groups like the Umeed charity and Zoe Mission. 

    Vijay Shekhar Sharma

    Name Vijay Shekhar Sharma
    Born 7 June 1978
    Education B.Tech from Delhi College of Engineering
    Position Founder & CEO of One97 and Paytm
    Vijay Shekhar Sharma
    Vijay Shekhar Sharma

    Vijay Shekhar Sharma was born on June 7, 1978, in Aligarh, Uttar Pradesh, and completed his B.Tech from Delhi College of Engineering. He is a technology entrepreneur and multimillionaire business magnate. He founded One97 Communications in 2000, providing mobile users with news, jokes, ringtones, cricket scores, and exam results, among other material. One97 Communications Limited is the parent business of Paytm, Sharma’s digital payment and financial services company founded in 2010. Paytm successfully raised $2.5 billion at a $19 billion valuation when it went public in November 2021, making it the largest IPO in India. 

    In 2018, Sharma created a stir in the financial world when he convinced Berkshire Hathaway, owned by Warren Buffett, to invest $300 million in Paytm. Along with the Paytm Payments Bank, he founded the e-commerce company Paytm Mall. His commitment to innovation illustrates how technology can spur economic growth and demonstrates the transformative power of entrepreneurship.


    List of 111 Unicorn Startups in India | Top Unicorns in India
    India has already seen 111 unicorn startups. Here’s an exhaustive list of all Indian Unicorn Startup Companies, including those that joined the unicorn club in 2024.


    Conclusion 

    In conclusion, this article looks into a handful of visionary founders who have not only transformed industries but also redefined our perception of entrepreneurship. Their ability to create, execute, and scale many billion-dollar companies demonstrates their impressive vision and passion to make the dream a reality.

    FAQs

    What is a unicorn startup?

    A unicorn is a privately held startup with a valuation of $1 billion or above. This financial milestone raises these companies in the eyes of investors, entrepreneurs, and the general public, as only a few companies achieve such high valuations before going public or being acquired.

    Who is Naveen Tewari?

    Naveen Tewari is the founder and CEO of InMobi and has an MBA from Harvard Business School.

    How many unicorn companies are there in the world?

    There are more than 1,000 unicorn companies in the world. As of January 2024, India has 111 unicorn startups, making it the world’s fastest-growing startup ecosystem.