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  • How to Start a Travel Agency?

    Starting a travel agency will be so much fun, fulfilling, and most profitable career. The start-up costs are relatively low and there are plenty of opportunities for someone with a passion to sell travel. Starting any business is not easy, but it certainly helps you if you have someone to advise you and give out a path. In the travel industry, there is a huge option to earn also the travel and tourism industry plays a major role in the country’s economic development. This is because people always want or need to go to places.

    There are several resources available today, anyone with a passion for travelling can easily start a travel agency. In this article, we will talk about how you can start a travel agency by following some important steps. So without any further ado, let’s get started.

    Find a Travel Agency Niche
    Choose Your Travel Agency’s Name
    Choose a Business Structure
    Find Some Great Partners
    Build Your Marketplace
    Adapt to Your Target Market
    Promote Your Company

    Find a Travel Agency Niche

    A niche is your friend. When you start a travel agency a niche will help you establish your brand, create your travel agency name, and navigate the world when you get to that point. Starting a travel agency without a niche is like travelling without a smartphone.

    If you can confidently say that you have found a travel niche that you are passionate and knowledgeable about, then you have made a first step on the road to setting up a successful travel agency. You finding your business idea is one of the most important steps in starting a business.

    Total contribution of the Indian tourism industry in billion US dollars

    Choose Your Travel Agency’s Name

    Choosing a company name for any kind of business is a difficult and tricky task, so you need to take some time to do some research to come up with a creative and effective name. The company name ideas that you select for your travel agency should not only be functional, but they should be catchy and noteworthy too.

    When naming your agency, you will want to sit down and give some time to think about your business’s niche; how will you make your travel agency different and how can you set yourself apart? Before you start using the name that you have selected for your travel agency, make sure that it is still available and not already in use by some other company or business.

    Choose a Business Structure

    A base step in your travel agency business is to create a business structure. Let’s start from the ground up. You need to decide what type of business are going to have. Your options include:

    • Sole proprietor – Starting a sole proprietorship is easy. You can use your name and Social Security number to get started. You can use this information to get the permits and licenses that you need to start your business. When you are a sole proprietor, you can decide how you want to run your business. You can choose the job that you want to take. When you are a sole proprietor, you get all of the income that you make.
    • Corporation – As soon as your business becomes a corporation, you gain credibility. People are more likely to work with businesses that are a corporation than those that are not. If you are going to need help financing your business, you may need to start a corporation. When you start a corporation, you can have silent partners, who will help with financing. Corporations can offer benefits for their employees, such as health insurance.
    • Partnership – It is easy to set up a partnership because it is formed with an agreement between the partners. Just like it is easy to get started, it is easy to dissolve a partnership. As long as one partner is ready to stop, the partnership can change or dissolve depending on what everyone wants.
    • Limited Liability Company(LLC) – It is much cheaper to start an LLC than a corporation and it still gives you plenty of the same benefits. If you have a business that has plenty of risks, you may start San LLC to protect your assets. You can control your business, the way you want. Many believe that having an LLC behind your business name can make your business more official. People are more likely to work with you because your business looks more serious.

    Find Some Great Partners

    It makes a great value add for the customer making the booking, and the business involved gets their product in front of a large market. As travels fast in the industry, your travel partners will refer clients to your business once you have earned their trust. In return, you will do the same for them. You need to realise what type of tourism business you want to operate and what your objectives are for setting up the right partnership.

    Your travel partner network needs to be a good fit for your business, and have values that align with your own. For the active participation of all parties within your travel partner network to continue, each must see some direct benefits from the relationship. You never want to end up in a situation where one is doing all the work and another enjoys the benefits.

    Build Your Marketplace

    Nowadays people travel a lot around this world to see the unseen and to know the unknown. As a marketplace owner, you work as a middleman and your marketplace brings lower costs to the customers by letting them purchase directly from the sellers. Travel and tourism startups can only function if they are aware of their marketplace. It is natural to think that the marketplace can get thousands of users. It is the main task of a successful marketplace to facilitate communication between the suppliers and the customers. Understanding the trends that are out there, can allow marketplace owners to decide the best tools and tactics to use for that the company’s objectives.

    Adapt to Your Target Market

    To develop a successful marketing technique you need to define your target audience. This is important for new businesses looking to establish their presence within the market. Analyzing the market is also about researching competitors to-be. Look out for other travel agencies, who their audience are and how they are managing them. Different regions and different suppliers may have varying profit margins. First, you have to know the situation on the market, what deals are presented, and how you are being ranked compared to your competitor travel agencies.

    Promote Your Company

    • Instead of trying to compete with competitors, focus on pointing out the unique benefits of your service.
    • Travellers of all age groups are using social media networks where they talk about travel products, share experiences, or express their preferences. Use images, videos, questions, or statuses to promote and motivate potential clients to follow you.
    • Suggesting additional products on top of a standard package is the most straightforward method of increasing your revenue per customer. Explore and test to find out what your customers want, and use travel agency software to easily track and manage special offers and complementary products.
    • Combine different products into a unique travel experience. Create a package and try to offer a better price by setting a hotel, flight, and activity together.
    • One way to be a successful travel company is to establish your business in a niche market. The travel niche doesn’t need to be complicated or rare – but the more unique it is, the better. Niche travel means you are selling something that no one else sells, and that your product is different in some way.
    • The internet has changed every aspect of life and it has also affected how travellers book trips and how agencies can sell packages. Your customers can book 24/7 because the system receives and processes the reservations automatically.
    • A good way to stay ahead of your competitors is by offering the best possible prices on a worldwide range of high-quality travel plans.
    • Promote your business in Social media, when it comes to travelling, social media is the best option. Apart from that digital marketing strategies can also help you in achieving your goal.

    Conclusion

    While starting your travelling agency, you need to understand what can set your business apart from other travel agencies, and what you can offer that others cannot offer to the clients. If you are still in the planning stage of starting your travel agency, you need to keep in mind and follow all these steps. As everything is opening up once again after a big break because of Covid-19, the travel industry is once again back in action.

    FAQs

    Is tourism a big industry in India?

    Travel and tourism is one of the biggest industries in India.

    How much does the travel industry contribute to the Indian economy?

    The tourism industry contributes over $247 billion to the Indian economy.

    The most popular travel agencies in India are:

    • Cox & Kings
    • Make My Trip
    • Yatra.com
    • Goibibo
    • Travelguru

  • CodeChef – Competitive Programming Community

    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 CodeChef.

    The educational platforms are growing like never before, with their impressive results after the Covid-19 outbreak, the mark that these startups are leaving is prominent on the startup ecosystem. Coding or computer programming is now turning into an essential skill and has been rising in demand, the like of which was never witnessed earlier.

    CodeChef is one of the online coding platforms that has been quite popular and though owned by Unacademy, CodeChef still is growing in its own way. Founded in 2009, Codecheck organizes algorithms, computer programming, and programming contests for programmers. It hosts programming competitions and contests for students and software professionals.

    CodeChef, headquartered in Mumbai, Maharashtra also helps organizations connect with developers, brand their products in the developer community, and recruit them. It’s a non-profit educational initiative of Directi, whose aim was to provide a platform for students, software professionals to practice, to build their programming skills through online contests. Apart from this CodeChef also has a ‘CodeChef for schools’ program that aims to reach students and start a culture of programming in Indian schools.

    Knowing more about CodeChef, the company owned by Unacademy will not be challenging anymore with this StartupTalky article where you discover all about CodeChef, its Founders, Codechef headquarters, Codechef Owners and key people, Business and Revenue Model, Mission, Growth and Revenue, Logo and its Meaning and more.  

    CodeChef – Company Highlights

    Startup Name CodeChef
    Type Subsidiary of Unacademy
    Headquarters Mumbai, India
    Industry Software
    Founders Bhavin Turakhia
    Founded September, 2009
    Parent Company Directi, Unacademy (2020-)
    CEO Bhavin Turakhia
    Website www.codechef.com

    CodeChef – About and How it works?
    CodeChef – Logo and its meaning
    CodeChef – Founder and Team
    CodeChef – Mission
    CodeChef – Business Model and Revenue Model
    CodeChef – Competitors
    CodeChef – Growth and Revenue
    CodeChef – Future Plans

    CodeChef – About and How it works?

    CodeChef is a competitive programming community of programmers from across the globe. CodeChef was started as an educational initiative in the year 2009 by Directi, an Indian software company. The CodeChef headquarters are in Mumbai, Maharashtra, India.

    Apart from its monthly coding contests for the community, CodeChef has many initiatives for Schools, Colleges and Women in competitive programming. CodeChef is credited with hosting the India regionals of the prestigious ICPC for college students, as well as for IOI for school students in India. In 2020, CodeChef’s custodianship was changed from Directi (founded by Bhavin Turakhia) to Unacademy (Gaurav Munjal, CEO). CodeChef and its various initiatives have been managed and run by its Business Unit Head Anup Kalbalia.

    It is a global programming community that fosters learning and friendly competition, built on top of the world’s largest competitive programming platform along with building a large community of problem curators. They host three featured contests every month and give away prizes and goodies to the winners as encouragement. Apart from this, the platform is open to the entire programming community to host their own contests. On average, 30+ external contests are hosted on their platform every month. They also help organisations connect with developers, brand their products in the developer community and recruit. Presently, the CodeChef community has grown to over 10,00,000+ programmers from different parts of the globe.

    CodeChef – Logo and its meaning

    The CodeChef logo comes very much from the name of the company. The icon can be seen wearing a chefs hat.

    CodeChef's Logo
    CodeChef’s Logo

    CodeChef – Founder and Team

    Bhavin Turakhia

    Bhavin Turakhia is the founder of CodeChef.

    Bhavin Turakhia, Founder of CodeChef
    Bhavin Turakhia, Founder of CodeChef

    Bhavin is a serial tech entrepreneur, who has a special interest in collaboration and payments. Bhavin first co-founded Resellerclub, Logicboxes, and BigRock in 1998. He eventually exited all of them in a $160 mn transaction in 2014. Turakhia then founded Radix in 2012, before founding Flock in 2014, and Zeta in 2015.

    He has been the co-founder of Directi from August 1997 to December 2014. He was also the founder of Ringo.co, and still is the Founder and CEO of Ringo, Radix, Flock, and Zeta.

    I have always believed that “it is our moral obligation to make an impact that’s proportionate to our potential”. During the last two decades, I have worked with an amazing team of people and continue to do so in our quest to make a difference.

    In the year 2009, Directi, an Indian software products company, launched CodeChef to help programmers improve their problem-solving skills through active participation in programming contests. The goal was to help Indian programmers in honing their problem-solving skills by fostering friendly competition and community engagement.

    In the year 2020, the custodianship of CodeChef was handed over to Unacademy from Directi. After the transition, CodeChef is led by Bhavin Turakhia, Gaurav Munjal, and Anup Kalbalia.

    CodeChef – Mission

    CodeChef’s mission is to provide a reliable, valid, and fair method of assessing the skills and knowledge needed to become better programmers and develop a community of highly skilled certified professionals who are good problem solvers.

    CodeChef – Business Model and Revenue Model

    The CodeChef business model operations are entirely non-commercial. They do not make any revenue at CodeChef as it is a non-profit educational initiative. All of CodeChef’s operations, technology, infrastructure, and management costs were sponsored by Directi. Over time they intended to subsidize some of these costs through strategic partnerships with other companies as well.

    CodeChef – Competitors

    The top 3 CodeChef competitors are:

    • TopCoder, Inc.
    • Services Sunrise Mentors Private Limited
    • LeetCode

    Together they have raised over 16.5M between their estimated 416 employees. CodeChef’s revenue is ranked 3rd among its top 10 competitors.

    CodeChef – Growth and Revenue

    Bhavin Turakhia, the CodeChef owner said “All our existing programs, contests, etc. will continue to remain exactly as they are, and will only grow better in our new home. This change in custodianship will mean that we have access to greater resources, teams, technology, platforms, and capital.”

    It indicates that the contests will always remain free, and we will always be a community-focused and community-driven organization.

    Moreover, CodeChef is going to launch a new product, and that is a paid product. CodeChef started making revenue long before Unacademy came into the picture. They already had a certification program and corporate offerings before Unacademy took over the custodianship.

    Unacademy has announced the acquisition of CodeChef, in June 2020. The acquisition is likely to help the Facebook-backed firm to launch coding skills vertical for school kids.

    “Codechef is one of the best platforms in the world for programmers and their vision is aligned to what we do here at Unacademy Group,” said Gaurav Munjal, co-founder, and CEO of Unacademy while announcing the development on Twitter.

    “All our existing programs, contests, etc. will continue to remain exactly as they are, and will only grow better in our new home. This change in custodianship will mean that we have access to greater resources, teams, technology, platforms, and capital,” said Anup Kalbalia, CEO of CodeChef.

    The Unacademy learning program is another method of said revenue-generation. However, there have been other free initiatives that CodeChef has launched after coming under the custodianship of Unacademy. They have already added 30+ video editorials to different problems. And all of this has been possible only because the company now has larger access to resources that this collaboration with Unacademy has provided CodeChef with.

    CodeChef is no longer a not-for-profit, and have thus removed that phrase from the website’s footer, and the CEO said that it will subsequently, remove it from other parts as well. Again, to reiterate the CEO also said that each and every existing feature/initiative will continue to be free, and they will support all our programs as we have always done.

    ResearchGate: Social Network for Scientists| Company profile |
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. ResearchGate is European commercial social networking site that provides aprofessional network fo…
    StartupTalkySarika Anand

    CodeChef – Future Plans

    CodeChef announced the Go for Gold Project in 2010. The goal of the Go for Gold Project is ambitious as the CEO said that “we want an Indian team to win the ICPC contest, one of the biggest competitive programming challenge in the world.”

    He also said that the change won’t happen overnight, so their plan is to support learning and reward improvement. They’re providing ongoing scholarships, incentives, promotions, tech assistance, and training for Indian students. With a little push to get started, their mission is to change the world and give Indian students a little more exposure.

    “We are committed to being completely transparent about our activities, motives, and finances. You will find details on our allocated budgets, the manner of our budget allocation, and a list of activities that we will conduct under the Go for Gold project this year” he said.

    FAQs

    What is CodeChef?

    CodeChef is an online platform that organizes algorithms, computer programming, and programming contests for programmers. They host programming competitions and contests for students and software professionals.

    Where are the CodeChef headquarters?

    The CodeChef headquarters are in Mumbai, Maharashtra, India.

    Is CodeChef owned by Unacademy?

    Yes, in 2020, Unacademy acquired CodeChef and the CodeChef parent company was changed from Directi (founded by Bhavin Turakhia) to Unacademy.

    Is CodeChef free?

    Yes, participation in the contests was fully free and so was their Youtube channel. However, it is now unclear how CodeChef is serving under the ownership of Unacademy.

    What are Codechef key people?

    Bhavin Turakhia is the founder of CodeChef and its previous parent Directi, who was the key people of CodeChef, along with Anup Kalbalia, who was the CEO of CodeChef. Now, the Unacademy founders and its key executive are also among the key people of CodeChef.  

  • Top 10 Biggest and Most Expensive Mistakes Entrepreneurs Make in Startups

    The road toward building and growing a startup is not a smooth one. One can always plan and prepare for every move in advance, but there will always be mistakes and hurdles along the way.

    We might think that a person running a big successful business knows absolute perfection of everything. But even the biggest entrepreneurs commit mistakes now and then.

    So, creating mistakes is always the part and parcel of any journey. However, sometimes, certain mistakes can be really expensive in startups and cause serious damage.

    Many popular entrepreneurs agree that they have made mistakes in their startups that proved to be super expensive for them in the future.

    Biggest and The Most Expensive Mistakes Entrepreneurs Make in Startups

    1. Not Hiring a Smart Team in the Early Stage
    2. Being Too Generous with Equity
    3. Getting Comfortable After the Success
    4. Being Cheap
    5. Trying to Force and Haste Things Up
    6. Getting into Partnership
    7. Trying Too Many Things at Once
    8. Stressing Over Bad Outcomes
    9. Having a Rigid Vision
    10. Getting Professional Branding in Early Stage

    Entrepreneurial Lessons From The Most Successful Entrepreneurs

    Biggest and The Most Expensive Mistakes Entrepreneurs Make in Startups

    Mistakes are not something that anyone makes on purpose, it just happens. It can be due to wrong decisions, judgment, or a move at the wrong time. Many entrepreneurs believe that the mistakes they made in their early startup stages turned out to be the biggest mistakes for them.

    Most Common and Biggest Mistakes Entrepreneurs Make in Startups
    The most common and biggest mistakes entrepreneurs make in startups

    Here are some of the most expensive mistakes entrepreneurs make in startups:

    Not Hiring a Smart Team in the Early Stage

    One of the biggest mistakes that entrepreneurs usually make in the early stages of their startups is not paying enough attention to great team building. Not hiring smarter people sooner in a startup hampers growth and progress of it.

    It is not just the goal that is important but the team that makes it happen. Entrepreneurs often get absorbed in their purpose that they forget to keep their eyes open for the smart talent. This simple mistake turns out to be really expensive with the time.

    Being Too Generous with Equity

    Another big mistake that a lot of entrepreneurs commit in a startup is that they sometimes become too generous with their equity. Equity is not something that can be taken for granted, rather it is an asset to be preserved. Many entrepreneurs admit that it was the biggest mistake they made in their early stages.

    So, instead of letting go of the equity in the employee equity pool, it is important to hold on to it for the right opportunities. Sam Parr, the founder of The Hustle, one of the most popular American media companies admitted that being generous with equity was the biggest mistake he made early on.

    Sam Parr - Biggest Mistakes Entrepreneurs Make
    Samm Parr

    Getting Comfortable After the Success

    A quite common mistake and is sure to be the biggest is getting comfortable after getting the success. When entrepreneurs get to savor the new success, they either get motivated or comfortable with it.

    Being comfortable might be good for a while but it turns out to be expensive in the long run. An entrepreneur might be able to generate a year’s money in a month and just get comfortable with it. But slowing down after that will only be an expensive mistake for the future of the startup.

    Being Cheap

    In the early stage of a startup, entrepreneurs tend to think that they can do everything on their own and save up money. Being cheap can be a huge mistake as it ultimately drops the quality of work and wastes the most precious thing that is time.

    So, instead of always saving up money, it is important for entrepreneurs to spend the money wisely to get some real help from skilled developers, designers, and more. Distributing the work within a skilled team ensures great quality of work and better money-making capacity.

    Trying to Force and Haste Things Up

    This is quite a common mistake that everyone tends to make. There is no doubt that the competition in the market is massive and to keep up with it, entrepreneurs sometimes try to force and rush things up. It may work for a while but in a long run it turns true to the statement, “Haste makes Waste”.

    This mistake’s result might not be visible immediately but it can lead to various hurdles along the way in the future. Doing the work quickly and forcefully can turn out to be one of the most expensive mistakes for any entrepreneur in a startup.

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    Getting into Partnership

    This is another mistake that entrepreneurs tend to make in startups. The road of entrepreneurship can be a lonely ride. So, to have a support system by their side, entrepreneurs bring in a new partner or co-founder without thinking much.

    It is always better to partner with people who are already known and trustworthy. Having someone unknown leads to conflicts, and there is always a lack of trust, which ultimately hampers the success of a startup. Many entrepreneurs believe this to be an expensive mistake made by them in their startups.

    Trying Too Many Things at Once

    Entrepreneurs are known for their multi-tasking skills. But in many cases, they admit that this is a mistake that can be quite expensive for a startup. Entrepreneurs try to cover too many things all at once. This prevents them from fully focusing on one particular goal.

    The most important thing is to always keep the main goal in mind and do things along the way. But when entrepreneurs start giving attention to too many things, they get distracted from the main goal, which makes for a really expensive mistake on their part.

    Stressing Over Bad Outcomes

    Another mistake that proves to be expensive for entrepreneurs in startups is when they stress too much over the bad outcomes. Many entrepreneurs believe this to be one of their biggest mistakes as it demoralizes them and ultimately leads to more negative outcomes.

    Everyone needs to understand, accept and learn from their mistakes rather than stressing over them for too long. Stressing too much creates distraction, and burnout, and can lead to some of the biggest mistakes in a startup. If Elon Musk had stressed the failure of his cyber truck, he would not have been able to stay at the top till now.

    Elon Musk Cyber Truck
    Elon Musk Cyber Truck

    Having a Rigid Vision

    One of the biggest mistakes that entrepreneurs make in startups is being too rigid with the vision. Entrepreneurship is a process of continuous learning. Having a vision is essential, but not being flexible about it along the way, makes for an expensive mistake in any startup.

    Running a startup is about continuous discussions, focus on new market trends, understanding users, taking in the feedback, and more. So, not validating the transitions and being rigid only leads to a dead end.

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    Getting Professional Branding in Early Stage

    Another biggest and most expensive mistake that some entrepreneurs make is indulging in professional branding even before the startup is ready for it. Creating a mark in the market with branding is important but spending too much on it in the early stage robs the entrepreneurs of the funds that are otherwise essential for the future.

    Getting into professional branding too soon can be a huge risk that might pay off well or just turn out to be a horrible and expensive mistake for an entrepreneur.

    Conclusion

    The journey of a startup is full of highs and lows. There are days full of celebration of success and there are days full of regrets too. No matter how perfect the team and systems are, there is always scope for some mistakes to happen along the way.

    The above-mentioned are some of the biggest and most expensive mistakes that entrepreneurs make in startups. One can always learn from these mistakes and try to avoid them as great entrepreneurs are not the ones who do not make mistakes every now and then but the ones who also learn how to deal with them.

    FAQ

    What are the expensive mistakes entrepreneurs make in the early stage of a startup?

    • Not building a smart team
    • Being too generous with equity
    • Trying to force things up
    • Trying too many things at once
    • Having a rigid vision
    • Getting into a partnership without thinking

    What are some biggest mistakes that startups make?

    • Obsessing over funding
    • Waiting too long to start
    • Losing focus
    • Forgetting the competition

    What mistake should small businesses avoid?

    Small businesses should avoid paying too much for the services.

    Do successful entrepreneurs make mistakes?

    Yes, even successful entrepreneurs make mistakes, sometimes out of too much excitement or simply out of the wrong ability to judge the outcome.

  • Business Model Of Magicbricks: How Does Magicbricks Make Money?

    Are you looking for a more manageable home? A dream home? Or want a place you and your family can call home? Want a rental estate? Don’t know where to get the best area to dwell? Are these questions bothering you a lot? Real estate is usually the best investment choice for you. It can produce endless passive earnings and be an excellent long-term investment if the price rises over time.

    Magicbricks is India’s leading online portal for buying, selling, and renting Properties. The company also solves issues and concerns related to real estate investments. Founded in 2006, the real estate portal is owned and managed by Times Group ( Bennett, Coleman & Co. Ltd.)

    Magicbricks has been validated by consumers and several industries. It has been granted Super-brand status in the most recent survey by the Super-brands organisation. Lets get an insights on business model of Magicbricks and learn about how Magicbricks make money?

    About Magicbricks
    Business Model Of Magicbricks
    What Is So Unique About Magicbricks?
    How Does Magicbricks Make Money?

    How to make money from real estate | Business Models

    About Magicbricks

    Magicbricks is an online forum for both estate buyers as well as sellers. The corporation is a division of Times Internet Limited. It’s a fully-owned assistant of Bennett, Coleman & Co. Ltd. It also gives all kinds of sources and information about all property-related matters.

    Keeping this aside, there is a report column called “Property Pulse” which comprises estate news, household loan concerns, legal and taxation matters, and estimation of the properties.

    Areas of operation

    Magicbricks Provides its services in India and Globally
    Magicbricks Provides its services in India and Globally

    There are more than 200 estates vacant for sale in Mumbai. Located at the main sites of Mumbai with easy connectivity to close hotspots, these estates promote premium facilities and large interiors. With an incredible site, massive connectivity, and luxurious conveniences, these are decent places to discover residential estate, mainly in Mumbai. It provides its services in 60+ cities in India.

    Key Products and Services

    Magicbricks.com is a high-end estate portal that caters to an international market with unique and special services and novel online details. Since its launch in 2006, Magicbricks has quickly climbed to be the No. 1 Estate Portal in India. The Magicbricks design is based on strict exploration, distinct product developments, and creativity which the users have ratified. In a trial to serve the users, captions on the Magicbricks portal are often developed, analyzed, and promoted.

    Apart from buying, selling, and hiring properties in India, users have entry to the services.  The announcement column of Magicbricks “Property Pulse” comprises estate news, home loans interests, legal & taxation matters, authority viewpoint, and proper analysis of estate trends. The Buyer’s Guide is a real estate eBook that covers all the essential steps and stages entailed in property buying and contains answers, quick tips, and expert advice on what to look for and how to manage property buying.

    Target Audiences of Magicbricks

    Magicbricks.com is compatible with internationally praised estate fairs. It’s here that the top-notch estates of major Indian metros are showcased for audiences in India and abroad. Magicbricks.com has successfully hosted 75 households and over 15 multinational property shows around the world.

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    Business Model Of Magicbricks

    Ever wonder how companies work? What exactly goes on behind the scenes? How does it make money? Every business obeys a particular technique of working. And that technique is its business model. First, defining here the business model of Magicbricks. Real estate Firms like Magicbricks, 99acre and others have also got a similar business prototype:

    • Their source of income involves rates for documenting a specific estate. This means it is better than free documenting.
    • Magicbricks implicates the person promoting a quantity for a premium, documenting the publicity for particular products.
    • There are many properties at Magicbricks. So for them, they promote the properties with various shades.
    • The real estate business company gives perfect locality data with real locality pictures.

    Advertisements are a very familiar word. Everyone has come through it once, twice, thrice, or even more. It receives money from the pennants as well. Of course, it’s an online portal so, from those searches too, it collects money. It gives suffering of a lot of facilities to their users. Most importantly, it also delivers a feature. It is a luxury online website. Personalized services such as Vaastu, Astrology are yet included within it. Thus, people don’t have to ruin money on these aspects. And in this way the company makes money.

    What Is So Unique About Magicbricks?

    Magicbricks gives you a culture that is all about creation and winning. It challenges you and brings the absolute best out of you. The dynamism here is such that it draws the next level in you, releasing your actual ability and proficiency vastly better than you have ever thought. This will finally turn you into a high-performer who is full of impressions, outcomes, and unmatchable willingness.

    The business has plucked many buyer’s eyeballs towards it. The Real property online portal, MagicBricks has recorded 74% advancement in the second quarter. And the first quarter saw a 48% advancement. But the second one is massive, as mentioned above.

    The portable app is better. It’s more than 10 million downloads. It has earned itself the only one of its type to attain the landmark. The firm is experiencing massive improvement day by day. This was much expected as in the last three years, and there was a deceleration in the development process.

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    How Does Magicbricks Make Money?

    Magickbricks’ revenue comes from various sources:

    • MagicBricks is a real-estate portal that makes its money primarily from Producers, who spend a lot to expand their new operations. Another income stream is selling leads to dealers. And ads are just a minor portion of it. Magicbricks and other related portals have better than one income source. First, the Subscription-based model, every dealer on the forum spends some amount upfront to list out properties on the portal. Also, If the dealer is prepared to pay a slight premium, his properties are given appreciation over other properties as a result.
    • Secondly, Space selling or Media Deals, Traffic on the site is also leveraged by the firm. Banner space is sold to big players who want to promote their brand to the audience who explore the website. For massive construction programs, they also do earn promotion fees. So, they promote your estate for payment and then receive potential leads from buyers.
    • Property listings website Magicbricks has extended thirty crores from its parent company, Times Internet Ltd. The firm will utilize this budget for brand-building enterprises. Product advancement and seller improvement activities will take place soon. The firm says that it notices itself playing a much more significant role as a consumer. With this capital, more effort will be put into the forum. They are also striving towards having nearly 85% of all the available properties to be documented on their site.

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    Conclusion

    The objective of this business is to give rise to a better and clear place for its laborers with a primary modification. The laborers invade the maximum areas. And the Senior Executives usually receive glass compartments. But these things are gonna shift very shortly.

    Now productivity would no longer be an obligatory matter. The corporation will be promoting art and creativeness a lot. Their work techniques and the workplace’s flexibility will be the fundamentals of advancement. Further specialized items will be set into the app as well as the site.

    FAQs

    Is MagicBricks Indian company?

    Magicbricks is India’s leading real estate portals for property buying, renting, and selling.

    Which is the best real estate portal in India?

    Some of the best real estate portal in India are:

    • MagicBricks
    • 99Acres
    • Housing
    • Common Floor
    • OLX Homes
    • Sulekha Properties
    • Makaan
    • Quickr Homes
    • Homes247.in

    What are the business structure for real estate?

    There are 4 main types of business structures for real estate:

    • Sole proprietorship
    • Partnership
    • Corporation
    • Limited Liability Company, or LLC.

    Who are the top competitors of MagicBricks?

    Some of the top Competitors of MagivBricks are:

    • 99acres
    • Makaan.com
    • Housing.com
    • Commonfloor.com
    • Homes247.in

    Who is the founder of MagicBricks?

    Sudhir Pai is the founder of MagicBricks.

    What is MagicBricks’ revenue?

    Magicbricks Realty Services Limited’s operating revenues range from INR 100 cr to 500 cr in a financial year.

  • Torchbearers Inc. – Witness The Talk Series’ First Episode With Harsh Jain and Abhinav Bindra

    The two journeys that are challenging and risky to take up but can lead to amazing results include being an entrepreneur and an Olympian. These two seem like diverse fields but are actually quite similar.

    When a startup emerges, all we see is its entrepreneur’s successful face. Similarly, when we see Olympians winning medals for their nations, all we see is them in their perfect prime.

    But there is a lot that goes behind these journeys. Both the roads are packed with competition, polishing skills, long practice and working sessions, strict routine, economic obstacles, etc.

    Torchbearers Inc. is a talk series presented by Amazon Web Services (AWS) in association with NeoNiche which has emerged in the light of honoring these two torchbearers of the new era. YourStory is the media partner and TiE Mumbai and StartupTalky are the ecosystem partners.

    What is Torchbearer Inc.?
    Host for The Talk Series
    The Entrepreneurs and Olympians Most Likely to Appear for The Conversation
    The First Episode – The Winning Way

    What is Torchbearer Inc.?

    It is an initiative that is bringing the ultimate combination of torchbearers of the society – India’s leading entrepreneurs and Olympic contenders.

    For the first time ever, these two will share a stage together. The talk series will have multiple episodes that will take you on a rollercoaster ride of their journeys.

    Every episode will inspire you with the skills, ability, and finesse of the Olympians and Entrepreneurs. You will also get to witness the journeys behind their defeats, achievements, pursuance, goals, and more.

    Host for The Talk Series

    Shayamal Vallabhjee - Torchbearers Inc. Host

    Shayamal Vallabhjee will be hosting all the episodes of the talk series. He is a Performance Mindset Coach Psychologist, Host, Author, Podcaster, Sports Scientist, and a TEDx Speaker. His great experience with athletes and corporate executives over the years is sure to make the conversations thought-provoking, inspiring, and engaging.

    The Entrepreneurs and Olympians Most Likely to Appear for The Conversation

    The Entrepreneurs - Torchbearer Inc.

    The Entrepreneurs:

    • Harsh Jain – CEO and Co-founder of Dream11 and Dream Sports
    • Kunal Shah – Founder of CRED
    • Anchit Nayar – CEO of Beauty E-commerce at Nykaa
    The Olympians - Torchbearers Inc.

    The Olympians:

    • Abhinav Bindra – Indian Olympic Gold Medallist in Shooting
    • Deepa Malik – Paralympics Silver Medallist in Shot put
    • Mahesh Bhupati – Indian Former Doubles World no.1 Tennis player
    • Manika Batra – Olympic Contender for Table Tennis

    The First Episode – The Winning Way

    The first episode of the talk series is set to release on the 11th of May 2022. The duration of it shall be of an hour between 4.00 PM – 5.00 PM (IST).

    The conversation for the very first episode will involve the host, Shayamal Vallabhjee, and the Panelists, Harsh Jain, and Abhinav Bindra.

    Conclusion

    It is now time for the audience to witness this amazing thought-provoking conversation and dive deep into the mindset and journeys of these torchbearers of the new generation. Watch the first episode on 11th May 2022, Wednesday by registering yourself on Torchbearer Inc.’s website.

    The next episodes are scheduled to take place on 9TH June, 9th August, and 12th October 2022, respectively.

  • Top 9 Food Chains in India

    The food industry is adding up its contribution to the world food trade every year. The top food chains in India have emerged as one of the high-growth and high-profit sectors. It is due to its immense potential for value addition, especially within the food processing industry. It has contributed almost 8.80 per cent of Gross Value Added (GVA) in Manufacturing and 8.39 in Agriculture. It sums up about 13 per cent of India’s exports and six per cent of total industrial investment.

    Therefore, we can drop the shade on how much the top food chains in India are contributing to the food industry, as well as the economy. We all are aware of the presence of these food chains around us. So, let’s take a look at these food chains that are extremely popular in the country.

    Domino’s Pizza
    Pizza Hut
    Barbeque Nation
    Subway
    Barista Lavazza
    Cafe Coffee Day
    Burger King
    Starbucks
    Haldiram’s

    Domino’s Pizza

    For the pizza geeks out there, Domino’s is like a one-stop destination to find love. Founded in 1961 by Tom Monaghan and James Monaghan, Domino’s is an American multinational pizza restaurant that has extended itself to be one of the top food chains in India.

    In 1996, the first outlet of Domino’s was launched in New Delhi. Later, the franchise rights to Domino’s Pizza in India is owned by Jubilant FoodWorks Limited and its subsidiaries in 2011. Besides pizza, they also serve a few other sides and Italian dishes.

    Pizza Hut

    Pizza Hut is another food chain founded by Dan Carney and Frank Carney in the year 1938. It is another pizza seller brand that has been at the top and is an American multinational restaurant chain. A strong competitor of Domino’s Pizza, Pizza Hut has launched in India in 1996. Gradually it has branched itself into 430 outlets till now.

    It is further planning to double its store count to over 700 in the coming five years. The owner of the US quick-service restaurant brand, Yum! Brands India is the second-fastest-growing market for Pizza Hut. It has contributed in the April-June quarter, upto 22% system sales growth.

    Barbeque Nation

    Barbecue Nation is one of the most widespread food chains in India. The startup emerged in India in 2006 and has been phased popularly as “Let’s party at Barbeque Nation.” It was founded by Sajid Dhanani

    Barbeque Nation offers its customer a wide range of food mixed with special herbs and other spices. A few featured items from this place include Veg Keema, parantha, crispy corn, Cajun-spiced potatoes, mutton dishes, chicken Angra and so on. The brand is famous for serving a wide range of buffets to its customers.

    Subway

    Subway offers a variety of freshly baked bread with different sides that just spices up the tongue of the customers. It was founded by Fred DeLuca and Peter Buck in the year 1965 No one can deny the quality of the food is indeed very good at Subway. Apart from bread, Subway offers subs, salads, treats, and desserts and to add there are pepperoni sandwiches, ham, and salami too.

    Subway is considered to be the second-largest QSR chain in the country as counted by the number of outlets they have. After launching in India in 2001, gradually it aimed at growing its business further. Now it has become one of the most popular food chains in the country.

    Barista Lavazza

    Sterling Group sold Barista to Lavazza in 2007 and by 2009, it became a well-known food chain in India with 200 outlets. Coffee culture has become a thing all around the world, which made these cafes grow faster in pace along with their business. Barista Lavazza is one of the ultimate places that served exquisite Italian coffees.

    Meanwhile, Barista claims to bring new meaning to Italian coffee which is to be consumed in the Indian sub-continent. Apart from India, it has customers from Sri Lanka, Bangladesh, Maldives, Nepal and Myanmar.

    Cafe Coffee Day

    Talking about coffee, our country is equipped with other top food chains in India, Cafe Coffee Day. It’s the favourite hangout lounge for almost all generations of people, especially the young ones. Apart from a wide variant of coffee, they also offer chicken Cheeseburger, big crunch veg classic burger, hot brownie fudge, black forest cake, double shots coffee, and a never-ending list.

    Started their journey in 1996, the Chikkamangaluru based company, under the parent company Coffee Day Global. Currently, Cafe Coffee Day has around 1500 outlets, making it one of the top food chains in India. One of the finest arabica coffee bean producers in Asia now exports them to abroad as well.

    Burger King

    Burger King is a popular America-based burger joint. It is considered to be an absolute competitor of Mc Donald. It arrived in the year 1996 and has successfully set up 400 outlets in two decades. This has helped shape fast-food consumption in India, later making it one of the popular food chains in India.

    The outlets are available in all the major cities of the country. They are Bangalore, Mumbai, Chandigarh, Coimbatore, Kolkata and many other places. Along with a few burger meals and other combinations, they also offer King XL, cheeseburgers, bacon King Jr, a range of whoppers, and even crispy and curly fries. For their dessert sections, they offer Pancakes, Frappuccinos, Delicious Chocolate milk, ice creams and a few other things too.

    Starbucks

    A popular phrase to start with, someone once said that ‘Starbucks is not just a brand; it’s an emotion.’ It is yet to be justified how much it holds the emotion in its customised coffee cup. however, talking about its existence in India, teens are in love with their named being carved on the coffee cups. The brand has indeed worked a great deal to enhance its business to become a food chain that is popular and mighty.

    Widely known for its hot coffee Frappuccino, espresso, and freshly brewed coffee, it also serves other beverages like shakes, which are pretty popular too. The menu does not halt here. They also offer lip-smacking snacks like chicken Kathi, paneer Kathi roll, tandoori paneer. IT has also included other delicacies like cakes, croissants, and muffins.

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    Haldiram’s

    Starting with bhujiya and other mini snacks, Haldiram’s now offers full-fledged restaurants in big cities like Gurgaon, Mumbai, Delhi, Kolkata, Bangalore, etc. It is its reputation and food quality that summed it up to reach the top of the food business.

    It has been eight decades that Haldiram’s been functioning successfully running throughout the country. The Delhi and Nagpur based Indian sweets and snacks manufacturer has grown at a tremendous pace over the years. So much so, it has also been crowned as the country’s largest snack company in 2017.

    Conclusion

    For the food-geeks, these are some of the most famous food chains in India that will never let you down. Be it a party or a mood swing, you can easily grab any one of them and it will perfectly match your vibe at any time. Most of the companies even offer home delivery. Apart from that many food delivery websites deliver these items from these food chains to your doorstep.  

    FAQs

    Who founded Haldiram’s?

    Shivkisan Agrawal is the founder of Haldiram’s.

    How many stores of Pizza Hut are there in India?

    Pizza Hut has over 500 stores in India.

    Is Cafe Coffee Day an Indian brand?

    Cafe Coffee Day is an Indian brand founded in the year 1996.

  • Pune Startups | List of Top Startups in Pune [2022 Exhaustive List]

    The city of Pune is the cultural capital of Maharashtra and a hub for the automotive and IT sectors. Pune is a favorable destination for investments in India. It has paved way for several emerging startups. The city’s close proximity to Mumbai adds to its advantage in trade, business, and lifestyle. Thus, Pune is popular among investors seeking to launch their business. This post outlines some of the most popular startups in Pune.

    Also read – If you are looking for a list of startups in Pune, this exhaustive list of all recently funded startups in Pune and other cities should help you.

    We have also covered startups based in Delhi, Goa, and other major cities of India.

    1. FirstCry
    2. Letsintern
    3. InTouchApp
    4. PortraitFlip
    5. Helpshift
    6. EarlySalary
    7. MindTickle
    8. DataTorrent
    9. Happy Roots
    10. MarketsandMarkets
    11. Plobal Apps
    12. Docplexus
    13. Tork Motors
    14. Repos Energy
    15. ShoppinPal
    16. HotFut Sports
    17. 111 Startups
    18. Dark Reflections
    19. Brandup
    20. Icertis
    21. Xpressbees

    Flaunt your startup with StartupTalky 

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    List of top startups in Pune

    FirstCry

    Founder: Supam Maheshwari
    Year Founded: 2010
    Industry: Baby Products

    FirstCry Logo | Startups in Pune

    FirstCry is Asia’s largest online store for baby and kids products. It caters particularly to the needs of parents expecting children or those with toddlers. In general, FirstCry offers a massive catalogue for children till their early teens. The venture was started by Supam Maheshwari and offers the best deals in products meant for kids. The endeavor aims to ensure that the customer gets the widest choice of top-rated brands and products at the best price in India. FirstCry is known for its service and the timely delivery of products.

    Amitabh Bachchan is the brand ambassador of FirstCry. FirstCry’s major customer base is in Pune. It is rapidly expanding operations in other metro cities too.

    Letsintern

    Founders: Rishabh Gupta, Mayank Batheja, and Pranay Swarup
    Year Founded: 2010
    Industry: Recruitment

    Letsintern logo | Startups in Pune

    Very few people know that Letsintern is a Pune-based startup. Letsintern is a platform for students to grab their favorite internships. Over 12,000 organisations have tied up with the company to streamline the process of hiring interns and employees. The platform claims to get more than 280,000 visits on its website and mobile app every month.

    Letsintern was founded by Rishabh Gupta, Mayank Batheja, and Pranay Swarup in 2010. Aspiring minds, a job-finding platform, acquired Letsintern in 2015. After the acquisition, the company’s headquarters was shifted to Gurgaon.

    InTouchApp

    Founders: Sarang Lakare
    Year Founded: 2012
    Industry: Mobile App

    InTouchApp | Pune Startups

    InTouchApp is a simple yet useful app that helps you manage your contacts. It was developed keeping businessmen and entrepreneurs in mind. InTouchApp allows you to save contacts from business cards. It automatically updates the contacts and assists in managing both personal contacts and business contacts. The app is free of cost on all major platforms. As of now, it has over 1 million downloads and manages billions of contacts.

    The app was founded by Sarang Lakare. Sarang has 12 years experience in application development. He has a master’s degree and a PhD in Computer Science from Stony Brook University.

    PortraitFlip

    Founders: Sunny Choudhary
    Year Founded: 2018
    Industry: Art and Handicrafts

    PortraitFlip | Handmade Painting From Photos in Pune
    PortraitFlip | Startups in Pune

    PortraitFlip makes handmade paintings from photos and delivers them to the customer’s doorstep. You can order custom handmade paintings from its website. PortraitFlip ships worldwide and experiences many orders from the US, UK, Canada, Australia, and Singapore. The company flaunts a 100% satisfaction guarantee because it trusts the artists who makes these custom paintings with utmost precision. The paintings are hand-painted by artists in mediums like oil, charcoal, pencil, acrylic, coloured pencil, and watercolor.

    PortraitFlip is famous for its ‘compilation portraits’ wherein the customers can convert characters from multiple photos into one painting. The company is also known to make pet portraits, couple portraits, and landscape portraits. It offers you customization options like size, medium, framing options, unlimited characters, custom messages, etc.

    Mr. Sunny Choudhary, the founder, currently directs PortraitFlip. This Pune-based startup has made a revenue of $600,000 since its inception in 2018. PortraitFlip is targeting a revenue of $14,00,000 by the year 2021.

    Helpshift

    Founders: Abinash Tripathy and Bishampayan Ghose
    Year Founded: 2011
    Industry: Business Solutions

    Helpshift Logo | Startups in Pune

    Helpshift is a business service provider. It offers smart solutions to businesses for maintaining and improving customer interaction. With the aid of Helpshift’s AI chatbots and other personalized products, businesses can automate their customer service tasks and focus on what matters the most. The startup also provides other related services.

    Helpshift was founded by Abinash Tripathy and Bishampayan Ghose. It has received a total of $38.5 million in funding from different ventures in the Silicon Valley.

    EarlySalary

    Founders: Akshay Mehrotra and Ashish Goyal
    Year Founded: 2015
    Industry: Fintech

    EarlySalary logo | Fintech Startups in Pune

    EarlySalary is a fintech startup that provides short term loans to salaried people. With the help of EarlySalary’s app or website, people can apply for hassle-free and instant loans up to INR 1,00,000. No pre-payment fees are applied on the loan.

    EarlySalary was founded by Akshay Mehrotra and Ashish Goyal. Akshay is the CEO of the company while Ashish is the CFO. The startup has raised $23.2 million from different ventures.

    MindTickle

    Founders: Mohit Garg, Krishna Depura, Nishant Mungali, and Deepak Diwakar
    Year Founded: 2011
    Industry: Business Solutions

    MindTickle | Startups in Pune

    MindTickle provides a sales enablement solution that uses data-driven analytics to show the impact of sales readiness programs on revenue growth. It is a readiness platform that creates an excellent sales culture, thereby permitting products to be sold quickly and with efficacy. It combines an award-winning platform and the best practice methodologies to improve sales performance and knowledge. The results of this combination include improved customer engagement, higher win rates, and bigger deal sizes.

    MindTickle was launched in 2011 by Mohit Garg, Krishna Depura, Nishant Mungali, and Deepak Diwakar. It has raised INR 174 crores in Series B funding. Some prominent investors include Accel Partners, New Enterprise Associates, Canaan Partners, and Qualcomm Ventures.

    DataTorrent

    Founders: Milind Mukund Barve and George Michael Kelakos
    Year Founded: 2012
    Industry: Computer Software

    Data Torrent | Startups in Pune

    DataTorrent captures real-time data and combines it with the existing data to generate insights. DataTorrent is useful for companies where millions of events need to be monitored on a per-second basis. It is a YARN-based application and is open-sourced as Apache Project Apex. This Pune-based software startup received $24 million in funds from Morado Ventures, August Capital, and AME Cloud Ventures.

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    Happy Roots

    Founder: Reema Sathe
    Year Founded: 2016
    Industry: Food

    Happy Roots | Startups in Pune

    Happy Roots started as Reema Sathe’s vision to create a business model around healthy products. Happy Roots connects with local farmers for the manufacturing of delicious products like cookies, crackers, and other kinds of snacks.  

    Reema Sathe, the founder of Happy Roots, has received several awards such as Business Today’s Most Powerful Woman (2017), Nari Shakti Puraskar 2017, etc.

    MarketsandMarkets

    Founder: Sandeep Sugla and Aman Gupta
    Year Founded: 2001
    Industry: B2B Research

    Markets and Markets | Startups in Pune

    MarketsandMarkets provides quantified B2B research and consulting. It provides data related to technology, new product offerings, and market performance. MarketsandMarkets currently serves 7500 customers worldwide. It includes 80% of global Fortune 1000 companies as its clientele. MarketsandMarkets provides high level analysis of major market segments and helps with the identification of opportunities.

    It offers service to multiple industries such as aerospace, defense, biotechnology, pharmaceutical, mining, construction, healthcare, agricultural, automotive, and other industries. MarketsandMarkets provides reports on information related to market segmentation, patent analysis, forecasting solutions, market dynamics, and technology information. MarketsandMarkets has received a total of $56 million in funding from FTV Capital, Zodius Capital, and Mantra Ventures.

    Plobal Apps

    Founder: Atul Poharkar
    Year Founded: 2015
    Industry: Software Development

    Plobal Apps | Startups in Pune

    Plobal Apps is an online commercial venture available for both Android and iOS users. It promotes Shopify and has a number of features like apply pay, promotional coupons, push notifications, etc. The app aims to increase sales.

    Plobal Apps was launched in 2015 by Atul Poharkar. Atul is a graduate from Fergusson College who later went on to do his engineering from Maharashtra Institute of Technology. The company has around 50 team members.

    Docplexus

    Founder: Phanish Chandra
    Year Founded: 2013
    Industry: Healthtech

    Docplexus | Startups in Pune

    Docplexus is an online community for doctors across India. It has more than 1 lakh doctors from more than 1500 cities with 89 specialties registered on its platform. Docplexus is the largest community of doctors online and continues to grow.

    Phanish Chandra, the CEO of Docplexus, is a social entrepreneur who aims to connect patients and the Indian healthcare system through this app. He has skills in software development and this skillset was of great help to him during the Docplexus app’s development.

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    Tork Motors

    Founder: Kapil Shelke
    Year Founded: 2009
    Industry: Automobiles

    Tork Motors | Startups in Pune

    Tork Motors is India’s first electric motorcycle company. Kapil Shelke is the founder and CEO of Tork Motors. Tork Motors was founded in 2009 with a vision to create a zero-emissions vehicle that could perform on par with petrol machines.

    The key to Tork Motors’ success is the engineering of the motorcycle which reduces the cost of the vehicle and makes it affordable for middle-class Indians.

    Repos Energy

    Founder: Aditi Bhosale Walunj and Chetan Walunj
    Year Founded: 2017
    Industry: Fuel Delivery

    Repos Energy | Startups in Pune

    Repos Energy offers doorstep delivery of fuel for industries to minimize diesel loss. Repos works on cloud-based technology and IoT devices. The customer orders diesel via the Repos App and a Repos petrol pump operator reaches the customer location to complete the diesel delivery. Repos Energy uses smart fuel dispensers to make transactions quick and easy. Repos Energy currently offers door-to-door delivery of diesel in around 65 Indian cities. Ratan Tata has invested an undisclosed amount in this startup.

    ShoppinPal

    Founders: Pulkit Singhal and Sriram Subramanian
    Year Founded: 2012
    Industry: Business Solutions

    ShoppinPal | Product based Startup in Pune 

    ShoppinPal provides software products for businesses to better understand their sales and management verticals. Some of its products are Stockup, Prosxdata, POS-ERP Sync, and eCommerce Sync. It also provides a suite of these offerings.

    Pulkit Singhal and Sriram Subramanian founded ShoppinPal in 2012.

    HotFut Sports

    Founders: Pavit Singh and Nikhil
    Year Founded: 2012
    Industry: Sports

    HotFut Sports | Startups in Pune

    HotFut is a sports development company which aims at providing world-class sports facilities to the people in India. It gives youngsters an integrated sporting experience that will help build sports in India at the grassroots level. The company also organizes tournaments for sports lovers and corporate events. Hotfut has an academy of its own where people come to play outdoor games.

    Hotfut sports was launched in 2012 by Pavit Singh and Nikhil. Hotfut is currently operational in Pune, Hyderabad, and Mumbai.

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    111 Startups

    Founders: Nitin Lahoti and Vikrant Bhujbalrao
    Year Founded: 2015
    Industry: Funding

    111 Startups | Startups in Pune

    111 Startups is a not-for-profit organization. It is connected with more than 300 startups across India and helps them secure funding. The startup wants to encourage entrepreneurship and promote well-calculated, risk-taking abilities. 111 Startups focuses on IT professionals, engineers, students, and startups that are in the early stages of entrepreneurship.

    111 Startups is the joint effort of Mobisoft Infotech and Pesh Group. The company was founded in 2015 and is headquartered in Pune.

    Dark Reflections

    Founder: Siddhi Shah
    Industry: Designer

    Dark Reflections | Startups in Pune

    Pune-based Dark Reflections Studio is a venture by Siddhi Shah, a designer. Originally from Chennai, Siddhi settled in Pune. The Studio sells dream catchers with the lowest price of a dream catcher being INR 300. It sells dream catchers for different occasions and in different sizes and colors. Dream catchers are generally used for décor and come in different sizes; hence, the price is determined accordingly.

    Brandup

    Founder: Shiv Singh
    Year Founded: 2006
    Industry: Digital Marketing

    Brandup Logo | Digital Startup in Pune

    Brandup is a SEO and digital marketing firm in Pune. Brandup ensures that you get unique and recurring visitors by applying the right digital marketing tactics. Brandup provides services such as digital marketing, social media marketing, search engine optimization, organic marketing, support services, and online advertising.

    Icertis

    Founder: Samir Bodas and Monish Darda
    Year Founded: 2009
    Industry: Contract Management Software

    Icertis Logo | Startups in Pune

    The company is headquartered in Bellevue, Washington with 12 offices globally, including an engineering office in Pune, India. Key investors of Icertis include B Capital Group, Ignition Partners, Premji Invest, Greycroft Partners, Meritech Capital Partners, Eight Roads Ventures, PSP Growth, and Cross Creek Advisors.

    The company provides contract management software. It aims at improving contract management efficiency and compliance by providing access to contract lifecycle information across many devices, including smartphones and tablets.

    Xpressbees

    Founder: Amitava Saha And Supam Maheshwari
    Year Founded: 2015
    Industry: Logistics

    Xpressbees is the fastest-growing express logistics service providing end-to-end supply chain solutions. The Pune-based startup works with several e-commerce firms. Xpressbees has seen huge growth as online shopping has become world’s second-largest internet market.

    Xpressbees raised $110 million in November 2020. It is spread over 2000 cities and processes more than 2.5 million orders per day.

    We hope this post encourages you to move ahead with your business idea and achieve something great. If you know about other startups based out of Pune, let us know in the comments. We will connect with them and feature them in this list.

    FAQs

    Which are the top startups in Pune?

    Some of the top startups in Pune are:

    • Xpressbees
    • Firstcry
    • Faasos
    • EarlySalary
    • HappyRoots
    • MarketsandMarkets
    • DataTorrent
    • Letsintern
    • Brandup
    • InTouchApp

    How many startups are there in Pune?

    There are around 3100 startups in Pune.

    Is Pune good for startups?

    The great weather, proximity to Mumbai, and network of many big companies makes Pune an emerging startup hub in India.

    Which are the high paying startups in Pune?

    Some of the high paying startups in Pune are:

    • FirstCry
    • Icustommadeit
    • EduBridge
    • Letsintern
    • Brandup
    • Xpressbees

    Which are the Unicorn Startups in Pune?

    Unicorn startups in Pune are

    • FirstCry
    • ElasticRun
    • Xpressbees

  • 7 Great Industries in The United States To Get a Job

    If you are still looking for a job, here’s some good news for you! The United States is home to over a million different companies – and while many of them are small startups, others are well-known brands – Amazon, Apple, Disney, and Starbucks, for example. Many of these businesses have been around for a long time, some for more than a century. If you’re looking for a job and would like to work in a certain field ranging from tech to healthcare to hospitality and so on, there are many industries you can choose from. Here’s a look at some sectors with the greatest potential for growth through 2022.

    Top Industries to Get Job in The United States

    1. Healthcare
    2. E-commerce
    3. Renewable Energy
    4. Computer Systems Design and Related Services
    5. Education
    6. Tourism
    7. Artificial Intelligence

    Top Industries in the United States

    Healthcare

    Healthcare Industry Expenditure in The US
    Healthcare Industry Expenditure in The US

    There are many reasons to consider a career in the healthcare industry, but chief among them is demand. According to the Bureau of Labor Statistics, approximately 18 million new jobs will be created between now and 2022. Some of these positions will require formal education, such as registered nurses and physicians, but others do not. In addition, Healthcare support occupations — including home health aides — are expected to grow by 28% during this period.

    Many people think of doctors and nurses as the main providers of health care. Still, many other types of professionals can enjoy good salaries and job security. Those interested in medicine but don’t want to spend years in medical school consider becoming a physician’s assistant or nurse practitioner. Also, think about becoming a pediatric nurse practitioner or a pediatrician’s assistant if you like working with kids.

    If you don’t want to practice medicine, consider teaching. There is a growing demand for assistant teachers who help to train nursing students.

    E-commerce

    e-commerce Estimated Revenue In The United States
    e-commerce Estimated Revenue In The United States

    The consumerization of technology, new online payment methods, and the proliferation of mobile devices has accelerated the pace of e-commerce. The trend is clear — more and more people are shopping online every year.

    E-commerce is in the midst of a major transition. Just a few years ago, most e-commerce was conducted through desktop browsers. In 2022, according to Forrester Research, e-commerce will account for 11% of all retail sales, and 80% of that will be conducted via mobile devices.

    This means that brick-and-mortar stores will have to adapt to an increasingly mobile world, and that means investing in mobile apps and other technologies designed to support commerce on the go.

    eMarketer forecasts that U.S. e-commerce sales will surpass $600 billion by the end of 2022 — a 20% increase from the 2018 year — and will account for more than 18% of all retail sales in the country.

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    Renewable Energy

    Renewable energy Production Consumption in The United States
    Renewable energy Production Consumption in The United States

    Among the fastest-growing sectors in the world – renewable energy is an industry like any other. It can make or break a country’s economy.

    Renewable energy sources include solar, wind, hydroelectricity, biomass, and geothermal. These industries have been growing greatly over the past decade and will continue to grow in the coming years.

    The industry is booming, which means that the best people are already working there. However, those who want to make a difference will find it highly rewarding.

    The renewable energy industry is expected to grow at an annual rate of 22% in 2022. That includes solar power, wind power, biofuels, and other sources of green energy. So, even if you’re just starting, you can get into the renewable energy industry.

    Revenue of computer systems related services NewYork
    Revenue of computer systems related services NewYork

    Computer systems design and related services companies help other businesses with computer networking, maintenance, programming, and other associated services. The computer industry has already seen substantial growth in recent years. Still, the future looks even brighter as more businesses rely on computers for their daily work.

    Employment opportunities in this field are expected to be particularly strong for those with a bachelor’s degree or higher because many companies prefer to hire individuals who have completed an accredited program. The industry has grown speedily in the last few years at an impressive rate of 5.3%. This rate is expected to grow even faster in 2022 and beyond.

    According to the BLS, computer systems design is one of the fastest-growing jobs in America. The growth will be driven by businesses that want to make their operations more efficient and lower costs by outsourcing computer-related services.

    Employment in this industry has grown an average of 6.4% annually since 2010. Its projected growth rate for 2022 is more than four times that. The Bureau of Labor Statistics report says the computer systems design industry is set to grow by 22% in 2022, increasing the number of jobs to 1.2 million. In addition, the industry pays an average salary of $95,270.

    Education

    Educational Support Industry in The United States
    Educational Support Industry in The United States

    The education industry is a great industry due to its stability and room for growth. Many jobs in the education industry are necessary and cannot be outsourced, which means that plenty of opportunities exists in this field. Consider taking a course or degree related to teaching, human resources, or school administration to get into this industry.

    Experts predict that education will stay hot next year thanks to shifting demographics and technology.

    With baby boomers retiring and the economy improving, an estimated 3.2 million jobs will be added to the American workforce by 2022. That’s a lot of new workers, but it’s not all good news: According to a report from Georgetown University, 65% of jobs will require post-secondary education.

    According to BLS projections, education services will also grow substantially over the next 10 years. Thus, if you have an idea for a teaching tool, or other education-related product or service, now may be your chance to pursue it.

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    Tourism

    Tourism market in The United States
    Tourism market in The United States

    The tourism industry is one of the most exciting industries that one to get into. As people become more wealthy, they become more willing to spend money on leisure activities and experiences rather than products. People tend to spend money on experiences rather than products.

    To provide these experiences, the tourism industry needs a lot of employees. For example, it needs tour guides and other staff members to run its tours. It also needs marketers, logistics staff, and customer support personnel to ensure that its customers have a good time.

    Tourism and leisure are expected to experience the most growth of any industry in the U.S. over the next decade. Analysts expect it to add more than 1.2 million jobs between 2016 and 2026, with an average annual increase of 2%. It’s already one of the nation’s largest industries, employing roughly 11 million people in 2017, according to the Bureau of Labor Statistics (BLS).

    In addition, as the importance placed on experiences continues to grow, opportunities within the tourism industry are likely to increase as well. This means that you are likely to have good job security in this industry.

    Artificial Intelligence

    The future is here. If you want to be part of the next generation of tech, AI is the industry that is shaping the near future.

    If you’ve ever asked Siri or Alexa a question, used Google Maps to get somewhere, or bought something online based on a product recommendation, you’ve tapped into the power of artificial intelligence. This technology uses software and algorithms to solve problems that once required human intelligence. And it’s only going to get more sophisticated in the future. By the end of 2022, AI will help companies increase their productivity by 40%.

    A few big players lead the way for AI – IBM and Microsoft have large investments in AI research and development. But smaller companies are also making waves in this field: In 2017, Apple became one of the first tech giants to focus on ethics in AI Companies like Facebook are developing their own AI programs for chatbots and product recommendations, while DeepMind is researching how AI can predict diseases before they start.

    Artificial intelligence (AI) is a broad research field applied to many industries. AI is often defined as machine intelligence that mimics human thinking and decision-making to solve complex problems. According to an April 2017 report from McKinsey Global Institute, artificial intelligence could contribute $13 trillion to the global economy by 2030.

    Conclusion

    These are the best industries to get into. Your future career is waiting for you. These were some of the few great industries that will continue to grow strong in the years to come. Are you still on the fence? Consider each of these fields further and reach a decision that best fits your career aspirations. Good luck!

    FAQs

    What are the top industries for employment opportunities in the US?

    Top industries that have huge job opportunities in The United States are:

    • Healthcare
    • E-commerce
    • Renewable Energy
    • Computer Systems Design and Related Services
    • Education
    • Education
    • Tourism
    • Artificial Intelligence

    What jobs are most in-demand in the US?

    The most demanding jobs in the US are:

    • Registered Nurse
    • Software Engineer
    • Information Security Analyst
    • Occupational Therapist
    • Web Developer
    • Data Scientist
    • Solar PV installers
    • Wind Turbine Service Technician

    What is the biggest industry in the US?

    The top three major industries in The United States are:

    • Service Industry
    • Manufacturing Industry
    • Agriculture

  • Top 14 Healthcare Business Ideas For Medical Entrepreneurs in India [2022]

    Healthcare is a rapidly developing industry in India and opportunities are always on the rise. The Healthcare sector is one of the fastest-growing sectors in India and by 2022 it is expected to grow up to Rs. 8.6 trillion. The healthcare business in India has grown considerably in 2021 because of the global pandemic that started in March 2020.

    Looking at the current state of the world, the thing which we learned is the importance of health care. Pandemic has taught us how small things can affect our health. Equally, this also gives a boost to the healthcare business opportunity, so if you are an entrepreneur planning to enter the healthcare industry this is the right time to invest and grow in this business.

    Why You Should Consider Healthcare Business in 2022

    Healthcare App Statistics
    Healthcare App Statistics

    Medical business ideas have become the most profitable business ideas these days. Here are the reasons to consider a medical-related business in 2022.

    • The Healthcare industry in India is expected to grow up to Rs. 8.6 trillion in 2022.
    • The healthcare sector can create employment opportunities for millions of people by 2021.
    • India’s medical device market size could grow up to $50 billion by 2025.
    • The applications of AI in the healthcare industry is progressing at a high pace. Soon India will be worth US$ 6 billion by 2021.
    • There are a total of 4,892 startups in the Indian health-tech space.

    Best Medical Business Ideas for Doctors in India

    1. Medical Transcription Services
    2. Medical Records Management
    3. Healthcare app
    4. Medical Billing Service
    5. Home Healthcare Service
    6. Diabetic Care Center
    7. Physical Therapy Center
    8. Medical Supply Sales
    9. Nutritionist
    10. Childbirth Services
    11. Fitness and Gym Centre
    12. Virtual doctor services
    13. Aerobics Centre
    14. Retail Pharmacy

    Best Business Ideas in Medical Field in India

    List of the top 14 Best Healthcare Business Ideas in India (2022)

    Medical Transcription Services

    One of the most well-known medical business ideas is Medical transcriptions as it listens to the voice recordings submitted by the physicians or healthcare workers and converts them into written notes. It ensures that the patients receive the right treatment and medications. Medical Transcription Services is one of the best business ideas for healthcare professionals. The recent advances in a speech to text technology are likely going to affect medical transcription jobs in the future.

    Medical Records Management

    One of the successful healthcare startup ideas and best business ideas for doctors in India as it can assist doctors and hospitals by managing their medical records. You can either provide full-service medical records management. You can also assist your clients by helping them to manage their medical records by training their staff.

    Healthcare app

    Health apps and smart health devices Usage in India
    Health apps and smart health devices Usage in India

    In this growing world of technology patients already have a plethora of apps to deal with, which is why making a healthcare app is a good healthcare business idea in India. So providing a holistic app to the patients that will fulfil their every healthcare need is a great approach. This approach to personal health will benefit the patients as well as the business.

    Medical Billing Service

    It is the right time to begin a business in the healthcare sector as Medical billing services because of the rise in insurance claims by the patients. Due to which the hospitals face the hassle during insurance claims. So to assist them and reduce the burden on hospitals. A medical biller is a person who handles medical claims for insurance companies. This will lessen the burden on the hospitals during medical claims by the patients.

    Home Healthcare Service

    Home healthcare services are the services that are been provided in the convenience of home to the patients. These services are provided to elderly people. Home healthcare services are less expensive and convenient. And are more effective as compared to that of the care you might get in hospitals.

    There are three types of home healthcare services.
    Personal care- In personal care nurses are being provided to the elderly people to help them in their daily activities like bathing, dressing, and preparing meals for them.
    Private nursing care- In private nursing care, home-based skilled nurses are provided for long term or hourly nursing care for elderly or adults with an illness injury or disability. These services include ventilator service, nursing care, and catastrophic care.
    Home healthcare- In-home healthcare service the patients can request a short term physician who can help the patient to recover from illness.

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    Diabetic Care Center

    The diabetic care centre is one of the top healthcare business ideas in India. The diabetic management centre has all the diabetic management facilities under one roof. It helps the patients to control their diabetes and avoid any serious diabetic complications that may arise due to uncontrolled diabetes.

    Physical Therapy Center

    Physical therapy is also known as physiotherapy. It is one of the allied healthcare professionals who treat patients with conditions like acute pain or soft tissue injury. A physical therapy centre is a prominent business idea that is profitable as well. You have to open a facility in which you can hire professional physiotherapists to treat the patients. They are also required by fitness centres or sports facilities.

    Medical Supply Sales

    Customers are always on the look for healthcare products such as medical supplies, braces and many more. You can supply the medical supplies to individual patients or to retailers. An e-commerce site is a better option to increase sales and it also helps the customers, who might face difficulty reaching the stores.

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    Nutritionist

    Being a Nutritionist is a profitable and less stressful job as compared to other healthcare services. a nutritionist is an expert in the field of food and nutrition. He/she advises people on what to eat to maintain a healthy lifestyle. Many organizations such as hospitals, schools and cafeterias need nutritionists.

    Childbirth Services

    Childbirth services are a bit complicated and crucial healthcare business to handle. If you hire an expert for the job who can make your business grow then childbirth services are a great option. The sole purpose is to attend to a woman during delivery and while birth.

    Fitness and Gym Centre

    Fitness and Gym Centres are arguably one of the most profitable healthcare business ideas. For both of these centres, one must find a good location and good equipment in order to attract customers. Due to Covid-19 and the increase of other diseases people want to stay healthy and stay fit. And if you are a fitness trainer you can try opening a gym.

    Virtual doctor services

    Telemedicine Market expected growth in India
    Telemedicine Market expected growth in India

    This telemedicine market is currently on the rise especially after the pandemic, as people prefer online consultation of doctors than compared to going to the hospital. In 2021, the platform already connects over 100,000 doctors with 300 million users in over 200 cities and has helped people who don’t have time or even rural people to get good quality doctor services.

    Aerobics Centre

    Aerobics exercise helps in improving the human cardiovascular system in absorbing and transporting oxygen. Learning aerobics are now in demand as people have become more and more health-conscious and preferring to go to aerobics centres instead of going for medicines.

    Retail Pharmacy

    Annual Turnover of Indian Pharmaceutical market
    Annual Turnover of Indian Pharmaceutical market

    The $312.1 billion pharmacies and drug store industries are expected to increase in the next five years. Retail pharmacy includes facilities that dispense over-the-counter medications and prescription drugs and also includes operations that deliver prescriptions to patients at discharge, as well as mail-order pharmacy services.

    Conclusion

    These are the Top 14 Healthcare Business Ideas For Entrepreneurs in India. There are many business opportunities in the healthcare sector regardless of rural, suburban, or metro cities in the coming future. For any entrepreneur planning to start a healthcare business in India, it is the right time to commence your business.

    FAQs

    What is the healthcare business in India?

    The healthcare sector consists of businesses that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.

    What are the medical business ideas for 2022?

    • Retail Pharmacy
    • Aerobics Centre
    • Virtual Doctor Services
    • Child Birth Services
    • Nutritionist
    • Fitness and Gym Centre

    What are the best future business ideas for healthcare?

    • Medical supply sales
    • Physical therapy centre
    • Diabetics care centre
    • Home healthcare services

    What are the healthcare startup ideas?

    • Medical billing service
    • Medical transcription services
    • Medical records management
    • Healthcare app

  • Top 10 Instagram Business Ideas

    We are living in a world where social media is ruling the entire world. It wouldn’t be wrong to say that our life revolves around social media. From making friends to connecting with people and to sharing our life, everything is possible and is done through social media. One of the most popular social media platforms has to be Instagram.

    Instagram can be used for so much more than just photo sharing. From advertising to offering expert advice and motivation or running competitions and building relationships with your followers, there is a vast scope of business on Instagram.  If you have always dreamed of starting your own business but do not want to go for the brick and mortar type of business, then Instagram is an option you should explore.

    Instagram is a free mobile photo and video sharing app with over 80 million users. A lot of people do not know or underestimate the power of Instagram. With a monthly usage of over 700 million, Instagram is a very powerful tool if well harnessed. That’s why, in this article, we bring some cool and unique business ideas on Instagram for entrepreneurs. So let’s take a look at them.

    Instagram Business Ideas

    Instagram Influencers
    Affiliate Marketing
    Real Estate
    Photographer
    Sell Art and Handcrafted Items
    Product Review
    Social Commerce Seller
    Food Blogging
    Fashion Blogging
    DIY Experts

    Instagram Influencers

    One of the best Instagram business ideas and ways to make money from Instagram is by becoming an influencer. Instagram influencers are fellow users who due to the virtue of their fame, popularity, trustworthiness, and originality are able to persuade other users to take an action. To do this, you need to build up an audience in a specific niche — and there are a lot of different options — and then work with brands to share content related to their products or services.

    Affiliate Marketing

    Which Social Media Channels are most important for influencer marketing?

    If you are into affiliate marketing, you would come to realize that its basic essence is to drive as much traffic as possible to your site through as many channels as possible. Instagram has over 700 million monthly active users and as such, it provides a great opportunity for making sales of your product. You can go to sites like Clickbank or amazon where you can become an affiliate marketer.

    Real Estate

    Real estate is obviously a multi-million dollar industry that employs thousands of Americans. However, people tend to not recognize the power that social media can have when properly harnessed. You can use your page to promote the properties that are under your portfolio for better outreach and publicity by displaying them on your page. Post images of the rooms and houses you have sold and the one you have up for sale, and of course your contact.

    Photographer

    Instagram is also a great platform for photographers to build a business around. Irrespective of, if you are a professional or an amateur photographer, you can still sell your photographs. If you have a lot of pictures on your phone, you can sell the photos on apps or you can promote them on your Instagram account.

    If you’re an event photographer, one of the greatest Instagram business ideas is to share photos from the events you work on and then include an email address in your bio so new clients can flock to your page and contact you.

    Sell Art and Handcrafted Items

    A lot of people have started selling things they normally did as a hobby on Instagram. It could be art, prints, photography, sculptures, or handcrafted jewellery among others. You can sell these items on Etsy, eBay, amazon handmade, etc. You can list your products there and then make use of your Instagram page to publicize, promote, and market your craft to the world. You can have images of the products you have created on your profile, post reviews from satisfied customers, do unboxing videos of your products, etc.

    Product Review

    Product review is another option through which you can earn not only money but other benefits as well. People often check out reviews of products before buying them. You can build up your popularity and become a force to be reckoned with in online reviews. If you are good at offering video reviews and you have a large number of followers, companies will like to offer you their products to unbox and review so as to gain more popularity.

    Product Review strategy

    Social Commerce Seller

    Social Commerce allows you to use your preferrable social media platforms which you can promote and sell products from. Through social commerce, it is possible to sell products directly on Instagram using a buy button or posting products for sale and then invoicing your followers who show interest. Alternatively, when customers indicate interest in a product, you can send them an invoice through which they can make payments.

    Food Blogging

    If you are a food enthusiast, then you will love this idea where you can explore different foods and also earn money. You can post about all of your favourite dishes at restaurants, pubs and Cafes and give information on the latest and best places to eat out, and then work with those food brands to build an income directly from your Instagram account.

    Fashion Blogging

    If you love fashion then Instagram is the best platform to share your love for fashion and earn money through it. You can share the outfits that you wear, in the platform and collaborate with the brands of those outfits. Fashion Blogging has increased in recent times and brands have realised what power Instagram holds, so they are collaborating with users to reach more people.

    DIY Experts

    DIY or Do It Yourself content popularity has been increasing on social media. People love these hacks that can make their life easier and more comfortable. You can post the DIY project and tutorials on your page, and of course, your followers get attracted to your project kits and get a lot of help from them. Collaborate with different brands and grow your business.

    Conclusion

    With the help of social media platforms, one can now do almost anything, earning with the help of them is not something difficult now. Instagram is a platform that your business cannot afford to miss out on. It is full of tools that allow you to advertise, build relationships with customers, show that you are the expert in your field and more. It’s time to put your creativity to the test and show them to the world and also earn through them.

    FAQs

    Who is the founder of Instagram?

    Kevin Systorm is the founder of Instagram.

    How many people use Instagram?

    Instagram has over 1 billion active monthly users.

    What are the top Instagram business ideas?

    Some of the top Instagrams business ideas are:

    • Instagram Influencers
    • Affiliate Marketing
    • Real Estate
    • Photographer
    • Sell Art and Handcrafted Items
    • Product Review
    • Social Commerce Seller
    • Food Blogging
    • Fashion Blogging
    • DIY Experts