Online trading has become increasingly popular in recent years, as more and more startups have turned to it as a way to raise capital. Any excess capital or profits can be further invested into stocks, bonds, currencies, commodities and so on to help startup owners raise even more capital so that they can grow and develop their businesses.
This is especially important due to the fact that the majority of startup businesses don’t have a lot of capital to work with, in the first place. Instead of seeking investor aid or bank loans, startup owners will try to raise their own capital through online trading.
Experienced traders and investors like Andre Witzel, for example, share their experience and knowledge about online trading. Andre is keen on helping individual investors and business owners alike develop their own online trading strategies that will yield considerable profits.
You can find out more here https://andrewitzel.com/. That being said, online trading is a good way to finance your startup business until it becomes profitable and self-sustainable. With that in mind, here are a few reasons why startup owners should consider online trading.
How can online trading help a startup owner grow their business?
The fact of the matter is that many startup businesses fail due to a lack of capital. It’s one thing to raise capital to launch a startup business but it’s a completely different thing to have enough money to fund your business until it’s capable of generating profits and considerable revenue. Online trading can prevent startup owners from running out of cash mid-way.
In addition, having an extra income from online trading can help you conduct better research, develop new products, product features or services, as well as help you fund a marketing campaign that will promote your startup business and help it become more visible. These factors are vital for the success of startup businesses in today’s competitive market.
Furthermore, it takes startup businesses anywhere between five to ten years to become profitable enough depending on the industry they operate in. During that time, you have more expenses than income. Generating additional income from online trading can help you cover those expenses more seamlessly without having to go further into debt.
What are some things to consider before starting to trade online?
There are a few things you should consider before starting to trade online. The main reason is that online trading can be risky mostly due to market volatility and geo-political factors in the world that may affect the price of assets, such as stocks, for example. Therefore, here are a few things to keep in mind before trading online.
Your trading goals
The amount of capital you have to invest
Your risk tolerance
The time frame in which you want to achieve your goals
The types of assets you’re interested in trading or investing.
As you may already know, every trade and every investment has risk involved. The goal of having a trading strategy is to help startup owners mitigate and minimize the risks of online trading. That’s why it’s very important to carefully consider each investment opportunity.
Furthermore, consider only the money you can afford to lose. You cannot place your entire capital that’s meant to grow your company on a single trade deal. If you don’t make the right call, you are at risk of losing everything. Last but not least, consider diversifying your portfolio. That way you can mitigate investment risks even further.
What are the risks associated with online trading?
There are a few risks associated with online trading, the most common being fraud. There have been cases where people have been scammed out of their money by fake online brokers. It is important to do your research and only use reputable online brokers to avoid this type of fraud.
Another risk associated with online trading is market volatility. The prices of stocks and other securities can fluctuate rapidly, and this can lead to losses if you are not careful. It is important to monitor the markets closely and only trade when you are comfortable with the risks involved.
Finally, there is the risk of losing money due to the lack of experience and research. As mentioned before, you may want to invest all your capital in a single trade, which puts you at risk of losing everything. Every trade requires a careful assessment and you need to research the market conditions before you invest or trade an asset.
There are numerous advantages to online trading for startups. One of the most important advantages is that online trading can provide an additional source of income you can use to fund your business. It’s imperative that startup owners don’t run out of capital while their businesses are still in the startup stage. Otherwise, they may be forced to close down shop for good.
IndiaMART is a Noida-based e-commerce platform that is involved in B2B sales of various products and services in the country. It connects buyers with suppliers of all scales (SMEs, Individual suppliers, large enterprises). IndiaMART has thelargest online marketplace for B2B businesses in India. The company claims to have a 60% market share with 143 million buyers, 7 million suppliers and 80 million products and services.
Founded in 1996 by Brijesh Agarwal and Dinesh Agarwal, IndiaMART was started to help customers in the Delhi-NCR region with website directories. Later, the company grew to a great height with various rounds of funding. IndiaMART went public in 2019 and became the first online B2B company to do so.
IndiaMART has invested around Rs 900 crores in 13 startups since April 2021. This online B2B company has made only a few investments and acquisitions before 2021. Here is the list of all the startups funded and acquired by IndiaMART so far.
Startups Acquired by IndiaMART
Following is the list of startups acquired by IndiaMART over the years:
IndiaMart perrformance shared by Founder of IndiaMart – Dinesh Agarwal
RealBooks
RealBooks – Startup acquired by IndiaMart
RealBooks is an accounting software developed by Adansa Solutions Pvt Ltd. It helps clients to manage their businesses in different locations, create customized invoices, manage inventory, bookkeeping, voucher verification and many more. It serves as a complete package for accounting solutions.
IndiaMART invested a sum of Rs 13.75 crores in RealBooks for a stake of 26.01%. This investment was made indirectly by IndiaMART through its subsidiary Tradezeal.
EasyEcom
EasyEcom – Startup acquired by IndiaMart
Edgewise Technologies Private Limited developed a software named EasyEcom to provide inventory and warehouse management solutions to merchants. This SaaS tool helps traders to locate, track and manage inventories across various sales channels. EasyEcom also automates back-end functions like tracking payments from shipping and returns of inventories.
A sum of Rs 13.35 crores was invested by IndiaMART in return for 26.01% of shares of EasyEcom. This acquisition was made through Tradezeal Online Private Limited.
Aerchain
Aerchain – Startup acquired by IndiaMart
Aerchain is a software that helps its customers with the procurement of goods and services. It was developed by Agillos E-Commerce Private Limited. Aerchain helps businesses in simplifying their Source-to-Pay (S2P) process. Its AI automates procurement and finds the right supplier with great deals and quality.
IndiaMART acquired 26.23% of the shares in Aerchain for an investment of Rs 26 crores. This investment was made through Tradezeal, the wholly-owned subsidiary of IndiaMART.
Busy Infotech
Busy Infotech – Startup acquired by IndiaMart
Busy Infotech is a software platform that provides accounting services and solutions to companies. This software also offers services like GST filing, return filing, TDS, TCS, invoicing, inventory, and customer management. BUSY is a simple, easy-to-use and highly flexible tool that helps in managing the business as a whole.
IndiaMART made a huge investment of Rs 500 crores to acquire Busy Infotech. 100% of shares of Busy Infotech were purchased by IndiaMART for the said amount thus making it a wholly-owned subsidiary of the company.
Fleetx Technologies
Fleetx – Startup acquired by IndiaMart
Fleetx is a software that helps businesses with the management of freight and fleet. All the logistical operations are digitized by this tool. This helps to ensure the safety, stability and security of both the logistics and the vehicles. Businesses and operators can also keep track of their fleet’s movements as well as the maintenance needs through Fleetx.
IndiaMART invested Rs 91.42 crores to acquire 16.53% shares from Fleetx Technologies.
Livekeeping
Livekeeping – Startup acquired by IndiaMart
Livekeeping is an accounting application that helps businesses to access, check, track and share information on sales, payments and other business-related activities. This software was built by Finlite Technologies Private Limited. Livekeeping can also integrate the existing on-use accounting software, like Tally, into its application. This automatically syncs the data on the user’s device and gives a real-time view of business operations.
IndiaMART is a major shareholder in Finlite Technologies Private Limited. The company procured 51.09% of shares in Livekeeping for a sum of Rs 45.98 crores.
Reserve Bank of India took up an initiative named Trade Receivables Discounting System (TReDS) to facilitate and help MSMEs. M1xchange created a platform using this initiative as a base for its operation. This startup has collaborated with various banks to help MSMEs to obtain finances with Trade Receivables.
IndiaMART invested Rs 32.43 crores in Mynd Solutions Private Limited (M1xchange) in return for 7.70% of shares in the company.
Bizom
Bizom – Startup acquired by IndiaMart
Bizom is a software company that is involved in the designing of mobile apps and websites for businesses. Their area of concentration includes businesses with distributor management and sales force & supply chain automation.
There were two investments made by IndiaMART in Bizom for an aggregated amount of Rs 21.4 crores for 15.98% shares in the company.
Industry Buying
Industry Buying – Startup acquired by IndiaMart
Industry Buying is involved in the online trading of industrial supplies like hand tools, abrasives, power tools, robotics, etc., This e-commerce site sells equipment from various categories and diverse sectors of business. Industry Buying is a brand developed by IB Monotaro Private Limited.
IndiaMART has acquired 26% of Industry Buying’s share by investing Rs 104.2 crores.
Legistify
Legistify – Startup acquired by IndiaMart
Legistify is a SaaS platform that helps businesses to manage and keep track of their legal workflows and activities. This online tool serves as a medium to connect people or businesses in need of legal support with lawyers across the nation. One can also track their litigation, manage notices and perform other related activities in Legistify.
An indirect acquisition was made by IndiaMART through its subsidiary Tradezeal in Legisify. There were two investments made, one of which was made in March 2021 for Rs 1.30 crores and another in January 2022 for Rs 7.5 crores. IndiaMART holds 11.30% of shares in total in Legistify.
10 Times
10 Times – Startup acquired by IndiaMart
10 Times is an event management software that brings together professionals and people at the right place and time. Their FLOOR software program can organize and hold virtual events. They take care of everything like bringing in speakers and sponsors, recording the sessions, boosting the network with AI and many more.
Earlier, 10 Times was a wholly-owned subsidiary of IndiaMART. But in 2020, IndiaMART sold 70% of its stakes in 10 Times and now holds it as an associate company with 30% of its share capital.
Vyapar
Vyapar – Startup acquired by IndiaMart
Vyapar is another accounting software to receive investments from IndiaMART. It offers simplified accounting solutions to small businesses and helps them with invoicing, vouchers and inventory management. Vyapar makes these processes easy, quick and simple.
IndiaMART had already made an investment in Vyapar in 2019 that amounts to Rs 31.2 crores. Now, to develop the business further, the company made another funding of Rs 61.55 crores in this accounting startup. An aggregate of 27% of the shares is held by IndiaMART in Vyapar.
Shipway is another logistical SaaS platform that was developed with the goal to automate shipping operations for small businesses. It offers a better customer experience in terms of tracking, return management, fraud detection, etc., Shipway automatically sends a delivery notification and ensures better workflow management.
IndiaMART, through its subsidiary Tradezeal, invested Rs 18.2 crores in Shipway Technology on 28th April 2021.
Super Procure
Super Procure – Startup Acquired by IndiaMart
Right from order placement to delivery, Super Procure digitizes every step of the shipping process. It finds the best freight source with optimum rates through transparent auction or bidding. Super Procure offers a real-time view of each and every event throughout the shipping operation. This software was developed and managed by Truckhall Private Limited.
An indirect investment of Rs 10.4 crores was made by IndiaMART in Super Procure. The company overall holds 25.02% of shares in Truckhall Private Limited.
Zimyo
Zimyo – Startup Acquired by IndiaMart
Zimyo is a Human Resource Management software developed by Zimyo Consulting Private Limited. This SaaS tool handles everything right from hiring new recruits to handling payroll, performance and attendance management.
IndiaMART has invested Rs 17.01 crores in return for 10% of share capital in Zimyo.
Tradezeal
Tradezeal Online Pvt Ltd. is an enterprise software company that was incorporated in May 2005. It has its registered office in Central Delhi. Tradezeal offers consulting and other software publishing services to its customers. This company is a wholly-owned subsidiary of IndiaMART. A few investments and acquisitions made by IndiaMART were indirectly made through Tradezeal.
Tolexo
Tolexo – Startup Acquired by IndiaMart
Tolexo is another wholly-owned subsidiary of IndiaMART. It is a platform that helps businesses by providing technology, payment services, customer support and other requirements for a seamless online shopping experience. This company claims to have been developing a futuristic infrastructure by combining both online and offline setups for a perfect e-commerce solution.
HelloTrade
Hello Trade – Startup Acquired by IndiaMart
Hello Trade is an online trading company that has been in existence for the past 14 years. IndiaMART is the parent company for Hello Trade. The founders of IndiaMART, Dinesh and Brijesh, serve on the board of this company. Hello Trade Online Pvt Ltd. is a company limited by shares and has its registered office in Delhi.
Pay With Indiamart
Pay With Indiamart is an online payment services company. It offers a safe and secure platform for payments along with services like buy-now-pay-later, EMIs and multiple payment options for its customers. The payments for purchases and sales through IndiaMART can be made through this online service. Pay With Indiamart is a private limited company and is a subsidiary of IndiaMART.
Conclusion
More than a dozen investments in less than a year clearly explain that IndiaMART was sure about investing in startups after receiving a fund of Rs 1070 crores in 2021. Right from the beginning, their investments were diverse in different sectors of business like accounting, logistics, automation, supply chain, etc., All these acquisitions by IndiaMART are sure to benefit not only the company but also the corresponding startups.
Leave policy is a significant determinant when an employee signs up for a job. Leave policy in an organization can tell a lot about how well his/her work-life balance will be. Companies these days have gruelling schedules, more so since the pandemic. Working consecutively for more than 12 hours five to six days a week is hectic enough and employees seek reimbursement of their clocked time through weekends and offs.
Leaves are the means to retain the spent energy at work so as to be more productive and efficient at work. There are several types of leaves in a leave policy of a company that helps an employee take some time off. Notably, not all companies have the same leave policy.
Here’s a list of types of leaves a company should consider having in their leave policy.
1. Sick Leave
Sick Leave Entitlement: 9 to 14 days
Sick Leave
Sick leave is a leave policy of the company where the time off is given by a company to take care of themselves during an illness. Companies must have sick leave to make sure employees take the days off to recover without having to think about the loss of pay.
Companies are advised to provide at least 15 days of sick leaves in a year. Sick leaves can be carried forward to the following year and should be extended in case the employee has been sick for a longer period or has a severe illness.
2. Casual Leave
Casual Leave Entitlement: 9 to 14 days
Casual leaves are called upon when the employee needs some time off with themselves, during family events, vacations or simply just to relax. Time constraints and working in shifts make employees miss out on the life that is happening outside their cubicles. Rejuvenation is important for employees on all levels and allows them to bounce back with better productivity.
3. Religious Holidays
Leave Entitlement: –
In a country like India, festivities are always around the corner. Unlike other countries around the world, it is not confined just to Christmas. We have a hoopla of festivals during the second half of the year which has consecutive festivals like Eid, Navratri, Dussehra, Diwali and so on. Festivals in India count as the time when people away from home go back to visit their friends and families.
Currently, companies that are outsourcing employees do not allow religious leaves as the parent companies do not associate with Indian festivities. It is necessary, especially in a country like India to provide religious holidays so that the people can experience their cultural activities and reconnect with families.
4. Public Holidays
Leave Entitlement: –
Public holidays are days when the government decides to shut down services across the country. Schools, colleges, and banks remain closed during Independence day, Republic day, Labour Day and the death of a prominent leader. These are government-mandated leaves and every company is advised to inculcate them in their leave policies.
5. Maternity Leave
Leave Entitlement: 7 to 17 weeks
Maternity Leave
We have come a long way from avoiding hiring married women into companies since the HR department assumed women won’t be as efficient as men since they could possibly get pregnant sooner or later. Women too, were hesitant when they thought of applying for better jobs. A mother can take maternity leave before and after the birth of her child.
Companies these days are not only hiring women despite them being married but also, on a humanitarian front, giving paid maternity leaves.
Some companies go as far as providing crashes at the workplace so that the working mother doesn’t have to leave her little one alone. This leaves the women employees feeling appreciated and empathized with and also helps them get back to work post-pregnancy.
6. Paternity Leave
Leave Entitlement: 1 to 2 weeks
Postnatal care is of the utmost importance when there is a newborn in the house. So the presence of the father proves to be a huge help in the household. Paternity leave is for fathers of a newborn and to help their partners get enough rest and support.
In most companies, this type of leave is not recognized as it is not bound by law. It is the responsibility of HR to understand the stressful time and make provisions so that men take time off to take care of their newborns.
7. Bereavement Leave
Bereavement Leave Entitlement: 3 to 7 days
No time is said to be enough when you’re trying to get over the death of a loved one. Bereavement leaves are leaves taken when an employee is suffering from a loss of life.
Such times are unavoidable and it is only human to allow your employees to take time off to mourn and manage responsibilities.
8. Sabbatical Leave
Sabbatical Leave Entitlement: 6 months
Sabbatical Leave
A sabbatical leave is a leave when an employee is in need of a break from work, either for physical and mental illness or to pursue his interests other than office work. It usually extends beyond three months unlike normal leave and assures the employee of his/her employment is intact when they come back.
Sabbaticals are usually taken by employees of educational institutes who are pursuing higher education or are doing any kind of research work.
9. Menstrual Leave
Menstrual Leave Entitlement: Basis on Need
If you are a woman and have to call in sick on the first day of your period, I feel you. If you’re a man, you’d argue that it’s unfair. But trust me, as I write this, I know thousands of working women would second this thought.
Most young women call in sick on the first day of their period because of unbearable cramps, weakness, or simply because it is impossible for them to get out of bed. Companies like Culture Machine, Gozoop, Matrubhimi are among the pioneer companies to finally address this issue. These companies add up to 6 additional leaves for women employees who cannot get to work during their periods.
10. Compensatory Off Leave
Compensatory Leave Entitlement: Basis on Need
Compensatory off leave is a leave when an employee has worked additional hours in a workweek or when a holiday falls on an employee’s scheduled day off. It also provides flexibility at work for employees. These policies and rules generally depend upon the particular organisation.
In the wake of Covid-19, many employers are setting a reset button on their leave policies. While most employers decided to let go of employees to bear losses, many of them have been reducing earned or paid leaves from their leave structures.
Employees who are now confined to work from home are now susceptible to more stress and anxiety. Although many employees found working from home more comforting, others are missing their workplace and the environment it provides for productivity.
The “one size fits all” does not apply to all organizations when it comes to leaving structures. Every company has designed its leave structure to ensure smooth functioning. And it is essential that employees feel appreciated and rewarded so they continue being loyal and be better engaged in their jobs.
FAQs
What types of leave are Employees entitled to?
Sick Leave, Casual Leave, Religious holiday, Paternity Leave, Period Leave, Maternity Leave and Compensatory leave are the leaves employees entitled to.
What is the leave policy as per Labour law?
The Factories Act has provided annually/earned leave of 12 working days for all the workers who have worked at least 240 days in a year.
How many leaves are allowed in a year?
18 leaves are allowed in a year as per the Factories Act.
Is Sunday included in earned leave?
Saturdays and Sundays shall not be counted as days of annual leave.
What is the Sandwich leave rule?
Under the sandwich leave policy, the non-working weekend days get added to the total leaves if an employee takes leave in the midst of two general leaves.
A Chartered Accountant can guide you not only to prepare your taxes and other regulatory standards but at multiple levels of business formation. Their knowledge of key corporate areas such as laws, accounting and taxation, contracts, and so on can be invaluable when strategizing, applying for bank loans, maintaining accounts, installing software, determining subsidies, and so on.
As a result, discussing with a CA while strategizing a startup can be extremely useful as it enables one to gain insight on key issues early on instead of being stuck later. CA professionals in India can assist you in developing the ideal accounting framework for your business.
A CA can forecast fiscal estimates based on analyzing the industry for a similar item and the government’s tax regime due to his/her knowledge and experience. They can use the key players and in-depth insights to assist their customers in increasing their profitability from the start.
Corporate Formation and Legislative Framework
There are numerous forms of registration, such as corporate entities, LLPs, or businesses, as well as sole traders or proprietorships. Each is governed by a separate law. Registration is subject to various regulatory laws, ensuring compliance, and tax rules, which a CA can effortlessly explain and help you determine what is the right approach for your business.
You must register your business with the Companies registry as a component of the startup authorization phase if it’s a Private Ltd. or LLP or simply a partnership. Filling out forms and giving details to the Ministry of Corporate Affairs to initiate your business legally is also part of the startup registration. As a result, a CA or a virtual CA is the ideal advisor to assist you with the registration.
Furthermore, if you’re starting a Private Ltd. Firm, you’ll need documents like the MOA or AOA, and if you’re starting a partnership or LLP, you’ll need the Alliance deed. CA can create such documents skillfully.
Accounting and Financial Assistance
To fill out the necessary paperwork and register the firm, a startup involves careful accounting and financial assistance. As a result, a CA can assist you in managing your firm’s stock holdings, cash flows, forecasts, and financial records.
The CA is necessary for startups that want to enroll as a Private Ltd. Firm. They will assist and will also record all of your stock ownership info and money transfers as needed for a Private Ltd. Firm.
Aid You in Obtaining Finance or an Overdraft
Realizing that a CA is in charge of your paperwork and loan approval process improves your probability of gaining credit. They will be aware of all aspects your bank may have about income and expenses forecasts and can help you choose the right loan and rate of interest.
How Can a CA Help Your Firm Sustain Itself?
When a startup begins to hire, a CA is essential. As a manager, you could begin with as few as 1 or 2 staff. However, it is vital that you adhere to all tax regimes for your teams, such as TDS, Labor Regulations, and Salary Clauses.
A CA can be your ultimate source, helping you comprehend salary payable modes for your staff, as well as the dos and don’ts of declaring payouts to lawfully save taxable income.
They can also help you with the company’s income estimates, predicted financial statements, or project reviews that you might need when filing agreements or applying for finances. Thus, in today’s technologically advanced world, taxation and laws governing business operations are critical and must be strictly adhered to. It is critical that you document standard tax returns by the Ita. As a result, a CA can assist you with a variety of compliances and filings.
As your company expands, so will your accounting books. It is critical to adhere to classic financial reporting to keep all card payment systems intact. A CA will provide you with proper guidance and handle your acct book following the required standards.
Furthermore, as your firm grows, you will be bound to keep track of your records for filing with the IRS and yearly reporting with the company’s registry. If your company’s attrition reaches a certain limit, you will undoubtedly require the services of an accredited auditor to report your ITR returns & conduct tax audits.
Another required conformance filing is a process that must be abided by all businesses, large and small. It is also vital to comprehend your financials, which is primarily the responsibility of a CA. As a result, it is critical that you select the ideal CA from the ranked CAs in India for your firm to profit and work efficiently.
Should You Hire a CA?
Good counselling and advice define the progress of a startup from conception to verification, whether your firm is registered or not. After investing heavily, it is critical to managing your book of accounts for your firm to thrive. Thus, as your firm progresses ever since its registration and onset, a skilled CA will not only deliver you proper accounting records of your firm but will also assist you in understanding the stock ownership and investment structure in your firm.
A decent virtual CA, accessible 24/7, is needed to inform you through all levels, be it paying the due taxes as per Income Tax rules or rescuing the firm from any undesired taxes. A CA can assist you in understanding all other statutes’ rules, statutory provisions, your firm’s policies, and work history.
You can also hire a virtual CA. While there are many virtual CAs, it is critical to pick the suitable one. Because CAs oversee critical parts of your business, it is always advisable to hire the best online chartered accountants. Having several CAs can wreak havoc on your books.
Although you may pick the finest from the shortlist CAs in India, it’s a good idea to pick virtual CAs who are available 24/7 and are also cost-effective. As a result, hire a CA from the first day you intend to register your official company to the day you put your vision into action.
Chartered accountants entities can also assist you with complex tax provisions that, if overlooked, can result in significant penalties. They will also portray your lawsuit in front of tax officials and courts at your behest. They can provide you with any information you require regarding such formalities.
Furthermore, they help you in a variety of business areas such as obtaining a digital signature, guiding you during an official review of your firm, alerting you before any disparity is discovered by the assessor or tax supervisor, govt grants and sanctions, and so on.
In conclusion, a CA can help your brand prosper, so consulting with a CA is a must in the long run.
FAQs
How can a CA help in business?
A CA can help you reduce taxes, manage your finances, prepare a business plan, and can help you connect with other established businessmen.
What is the role of CA in a startup?
A CA helps a firm to increase its profits and assists the firm in registration and filing taxes while the founder focuses on the important aspects of the business.
Guwahati is a sprawling city situated beside the Brahmaputra River in Assam. The city provides beautiful landscapes, a pleasant climate, modern shopping areas, modern apartments and considerably developed social infrastructure. Four Lane East-West Corridor will pass through Guwahati which connects all the state capitals of Northeast India. Completion of this project will boost the development of the whole region.
Startup Assam’s vision is to create a platform for entrepreneurs to connect to Angels and Venture Capitalists, Mentors and Industry experts. They want to create a problem-solving ecosystem where startups can get easy access to resources, evolve and co-exist. Here is a list of some of the successful startups in Guwahati (Assam).
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Digital Ant is an e-learning platform for digital marketing. Their courses are job oriented but the company claims to have entrepreneurship modules, in case you are not interested in jobs.
Digital Ant provides 3 levels of courses in digital marketing. The first one is “Foundation level“, a 3-month course. Second is “Advanced level“, a course for 6 months. The last is a “Professional level” course for 4 months.
The company was founded by Manish Choudhary who has 15 years of experience in digital marketing.
2. Redlemon Communications
Founder: Rakesh Doley & Pankaj Gogoi
Year Founded: 2011
Industry: Web Development
Redlemon Communications Logo
Redlemon Communications is a web developmentcompany. As of now, the company has 3 web-based projects- Cellfisher, Eshopany and Poridhan.
Cellfisher is a taxi service provider for the people in the city of Guwahati. They attract customers by providing lower prices than other companies in the city. The project is made in a collaboration with Vodafone and plans to expand its service as a marketplace company.
Eshopany is an e-commerce platform for selling ethnic products. On the other hand, Poridhan is an NGO based in Guwahati launched by this startup. Besides these projects, Redlemon provides services like IT training, consulting, etc.
Rakesh Doley and Pankaj Gogoi founded Redlemon Communications in 2011.
3. Olatus Systems
Founder: Parash Borthakur, Nilotpal Rabha
Year Founded: 2014
Industry: Manufacturer
OLatus Logo
OLatus Systems Private Limited manufactures Arduino Boards, Interfacing Boards, Connecting Wire, Sensor Modules, Automatic Dawn To Dusk Sensor Board, Development Board, SMPS Adaptor, Robotics And Diy Kits, Prototyping And Tools, Electronic Modules.
OLatus Systems is backed by a sound infrastructure that is outfitted with all requisite tools and technology and spread over a wide area. Infrastructure has been divided into various specialized units like processing, quality control, R&D and warehousing & packaging unit. These all units work in collaboration with each other to formulate pure quality products.
4. MotoHut
Founder: Glen Grimett
Year Founded: 2015
Industry: eCommerce
Motohut Logo
Motohut sells motorcycle parts, gear and vehicle accessories. The company has a wide range of products for bikers and other vehicle lovers, which they can explore. The startup is doing well in the city as people in Guwahati love travelling. Motohut was launched in 2015 by Glen Grimett.
5. Dawai Lo
Founder: Pankaj Maheshwari and Abhimanyu Modi
Year Founded: 2016
Industry: Online Medicine Delivery
Dawai Lo Logo
Dawai Lo is an online platform that provides door-to-door delivery of medicines. DawaiLo is founded by Pankaj Maheshwari and Abhimanyu Modi in 2016. Dawailo is one rare startup from Assam which has found a foot in the extremely complicated online medicine delivery sector. It provides facilities like proper filing of client details, a telephonic reminder system, strict prescription based orders, proper invoicing, discounts on medicines, etc.
6. nDimensions
Founder: Ajith Kumar
Year Founded: 2017
Industry: Education Management
nDimensions Logo
nDimensions provides courses on entrepreneurship to school students by partnering with the school. nDimensions targets the school students to create an impact and to bring about an entrepreneurial way of life and thinking right from the roots. nDimensions is a B2B model which directly partners with schools to provide service and as a value addition, it provides their students with an online platform to discuss and validate their ideas.
7. PriceBoard
Founder: Samiran Raj Boro
Year Founded: 2014
Industry: Marketplace
Priceboard Logo
Samiran Raj Boro, the founder and CEO of Priceboard, completed his graduation from Guwahati University. The idea behind his startup, Priceboard, was similar to Snapdeal. It compares the prices of different products on different sites and helps the customer to find the best brands for them. Priceboard has made a mark among customers for gadgets’ price comparison. This Guwahati startup was launched in October 2014.
8. PicknDel
Founder: Tullika Batra
Year Founded: 2016
Industry: Food Delivery
PicknDel Logo
PicknDel is a food delivery app. PicknDel provides a complete food ordering and delivery solution from the best neighbourhood restaurants to the urban foodie. Currently, it has more than 10K downloads. The service of PicknDel is very fast, and at the same time very simple and user friendly.
9. BlueWhale
Founder: Kunal Agarwal
Year Founded: 2013
Industry: Transportation
BlueWhale Logo
BlueWhale app aims to make the import and export of goods and services easy and reliable. It carries out international trade and trade within the country. Keeping its geographical location in mind, Guwahati is the best city for international trade as well as import and export. The BlueWhale app also lets you understand the shipping trade terms. Also, it shows the latest news and articles related to the shipping business.
Kunal Agarwal, the CEO and co-founder of BlueWhale, is a graduate of IIT Bombay.
10. Alchemy Media Lab
Founder: Akram Wasim and Jan Mohammad Sheikh
Year Founded: 2015
Industry: Marketing
Alchemy Medialab Logo
Alchemy MediaLab offers digital solutions to its clients like strategic marketing, branding and creativity. The brand was formed in 2016 and it offers branding ideas, communication strategy, creative design, digital marketing, campaign design, and media planning to its clients.
11. Brahmaputra Fables
Founder: Dhruba Jyoti Deka
Year Founded: 2017
Industry: Online Shopping Portal
Brahmaputra Fables Logo
Brahmaputra Fables is an online shopping portal entirely run and managed by a small team of people devoted to taking authentic traditional products from Assam to the world digitally. Founder, Dhruba Jyoti Deka started Brahmaputra Fables from his own village of Sarthebari in Barpeta district in Assam, which is renowned for its brass and bell metal handicrafts.
12. Web.com
Founder: Atreyee Borooah Thekedath
Year Founded: 1999
Industry: Information Technology & Services
Web.Com Logo
Web.Com is a software company in Guwahati with 20+ years of experience in the software domain. Web.com is a trusted and reliable technology partner to hundreds of organizations. The company’s clients are from backgrounds as diverse as large Public Sector undertakings like ONGC to central and state governments, central universities, banks, media houses, and start-ups.
Web.Com is one of the empanelled vendors of the Government of Assam for the standardization of all Assam Government’s departmental and district websites. Web.com offers various services like website designing, SEO and SMO Services, web application development, mobile app development, custom software development, e-Commerce website development, and digital marketing.
This is our list of successful startups and entrepreneurs in Guwahati. Hope you this list helps you have an idea of how to start a business on your own in Guwahati (Assam).
FAQs
What are some of the successful startups in Guwahati?
Digital Ant, PicknDel, Redlemon Communications, MotoHut, Dawai Lo, PriceBoard, and Brahmaputra Fables are some of the successful startups in Guwahati.
Which business is best in Assam?
FMCG and Grocery Store, Local Handloom, Tourism Business, Bakery Business, Fish Farming, and Health Care and Pharmaceuticals.
Indians can now open an Indian passport bank account in the U.S with an app. “The bank account may be opened with Indian passports and other KYC (know your client) local documents,” said Aeldra founder and CEO Sukeert Shanker in a statement, “We are in beta phase, opening some 30 accounts a day and we have a waitlist of about 5,000 customers wishing to open a US bank account.”
How To Open A US Bank Account From India | Aeldra Bank
How To Open A US Bank Account From India?
Aeldra Bank App to open a US Bank Account
In 2020, Aeldra began bridges between India and the United States. Indians can now open a US bank account insured by FDIC with an Indian Mastercard Debit Card on their mobile devices. A valid Indian Passport and Aadhaar number are required for all customers. It takes less than 10 minutes for the mobile account to unlock. As with any other American bank, money may be transferred to the Aeldra account from India through the Indian Government’s Liberalized Remittance Scheme. Customers can make account-to-account transfers, real-time peer-to-peer transfers, deposit checks, lock/unlock the debit card with one click, review transactions, and much more through the Aeldra app (mobile banking app), in addition to transacting with the global Mastercard Debit Card.
The FDIC, short for Federal Deposit Insurance Corporation, is an independent agency of the United States government. He is sponsored by the US government’s full confidence and credit. No custodian has ever lost one penny of FDIC-insured funds since the FDIC started in 1934. FDIC insurance protects funds of up to $250,000 per depositor of bank accounts. There is no fee paid by Aeldra. The ones Aeldra is targeting are clients who want to invest in the US.
Aeldra Bank
Aeldra bank is a neo-bank, meaning it doesn’t have a license for banking. It provides banking services to its customers with the help of existing banks. The business plans to provide similar services in Canada, the United Kingdom and Australia for bank accounts. Using your passport and other local documents, customers from every part of the world should be able to open a bank account in these markets.
Shanker said, “There are many Indians who invest in the US for different reasons. They may want to take exposure to the market. They could be traveling to the country for business or because they have relatives. There are others who start remitting money abroad as they want to send their children for further studies to the US.”
For consumers, there is a high-yield savings account, dedicated concierge, investment and trading service, credit card, and home loans. Apart from wealthy Indians, the bank also targets students, freelancers who get jobs from the US, and micro, small and medium enterprises. Shanker said, “There are many Indians who invest in the US for different reasons. They may want to take an exposure to the market. They could be traveling to the country for business or because they have relatives. There are others who start remitting money abroad as they want to send their children for further studies to the US”.
For consumers, there is a high-yield savings account, dedicated concierge, investment and trading service, credit card, and home loans. Apart from wealthy Indians, the bank also targets students, freelancers who get jobs from the US, and micro, small and medium enterprises.
It is worth adding that under the Reserve Bank of India (RBI) Liberalized Remittance Scheme, an Indian citizen is restricted to remit amount abroad. Each financial year, up to $250,000 can freely be remitted to a foreign country under this scheme.
The regulations allow remittance for specific purposes. For example, an individual can remit funds to another country for private or business travel, gift or donation, employment, emigration, maintenance of close relatives, medical treatment, and education. Individuals can also remit money to invest abroad.
For opening a bank account you need certain documents. Without them, you cannot open a bank savings account. Documents that you need to open a savings account in a bank are – your valid photo identification proof like an Aadhaar card or PAN card, passport, driving license etc.
Can an Indian citizen open a bank account in US?
You may now open a bank account in the US with an Indian passport from an app.
Is Aeldra a bank?
Aeldra is a Silicon Valley and Bangalore-based Fintech company. Aeldra bank is a neo-bank, meaning it doesn’t have a license for banking.
“The Lead Generation Process Starts by Finding Out Where Your Target Market Lives On The Web.”
Lead generation is among the most crucial components of a digital marketing strategy and it would be an important tactic for B2B organisations to boost income by the generation of new leads consistently.
Although enterprises use a range of lead generation tactics and spend a substantial amount of time, energy and funds to generate new leads, evaluating whether such approaches are beneficial can indeed be challenging. Assessing the correct key performance indicators is the finest approach to measuring the performance of such strategies(KPIs).
Those were unique measurements that correlate your entire business operations and fewer generation goals to tangible metrics. It could assist you in determining whether you’re on the correct path and getting the results that you wish.
To assist you in analysing the potency of your lead generation efforts, now let us look at a few of the lead generation KPIs to keep a watchful eye on.
Some of the most Important Lead generation KPIs are discussed below.
Customer Acquisition Cost (CAC)
Customer Acquisition
The customer acquisition cost ( CAC) is a useful indicator for calculating the amount of obtaining a new customer. At the basic level, you could figure it out by dividing the estimated total promotional cost by the number of new customers gained throughout the campaign.
The sales closing ratio is a metric that reveals how effective a selling process is. You can compute this for each sales representative separately or in smaller groups. Simply divide the total number of successful marketing by the overall number of prospects that arrive at this value. Next, multiply the value by 100 to get the end outcome. It is a percentile depiction of the sales closing ratio.
Sales closing ratio= closed deals/ total sales leads ×100
Ways to Boost
Evaluate your marketing strategy to see if there are any flaws
Request on thoughts to learn much on why prospective customers took a separate path.
Ensure that the significance of your product is fully articulated in your promotional efforts.
Number of Leads
It is an essential KPI because it gives you and your next prospective clients. As an outcome, when this KPI is ready lower, likely, you would not be welcoming numerous new customers relatively soon. A large number of leads does not always signify a large number of customers. The advertising crew is in charge of assessing the efficacy of those leads and determining whether or not just they are recognised as a possibility and viable customers
A unique lead for instance could be a learner who has signed up for a trial version but would not be a customer since it is only for experimental reasons. This number on the whole gives you a clearer insight into how impressive your enterprise is. However, you should rely more heavily on the number of qualified leads. Admittedly these are the people who could come to customers and give you a little bit of money in the latter part of the month.
The only measure that would count to a customer is revenue received. The most common responses we got from marketers are revenue and return on investment customers and marketers both at the final moment of the day would want to relocate the revenue and ROI lancets. But it happens a long way to the future generating leads.
Every marketer must measure ROI. Because digital marketing approaches took time to start taking impact and might be a substantial outlay. Return on Investment that customers cherish much more.
Cost Per Lead and Cost Per Acquisition
A customer must not spend much to obtain more than the money they make. From the start of a business model, a lead must be fruitful. Calculating the price per lead and a CPA might assist you in better knowing your overall profit. Evaluate and compare uncharacteristic transaction rates with your CPL and CPA.
Rate of Conversion
The conversion rate of your site is a strong predictor of how well your marketing and lead generation activities are working while a guest or visitor conducts specified action, this is alluded to as conversion. The task can be a direct acquisition of your goods/service, ebook downloads, newsletter signups, whitepaper, ask for quotes, form submission or any other activity that moves the user nearer to being a potential buyer or valued customer.
To calculate your site’s rate of conversions, add up the visitor total number over a given specified timeframe and divide the total number of conversions over that same timeframe; this, when your conversion rate is higher, you must have a glance at your website. Figure out what you did best and implicate them in future strategies.
Average Session Duration
Average Session Duration to measure Lead-generation KPIs
The average visit duration is the timeframe of users engaged on your site, longer periods suggest that your stuff is intriguing and the users are much more likely to be converted. Fewer latencies are typically associated with an elevated bounce rate and exit rate.
There is perhaps one loophole, visitors would prefer to consume content vastly if your web pages feature huge photos and only a few paragraphs, ending in short visit timings. The session lengths to be much longer on web pages with significant word counts.
Bounce Rate
The amount of visitors who arrive at a web page on your site and leave by not visiting any other web pages or processing through the sales pipeline is known as the bounce rate. While a person bounces back, it is termed a bounce back.
The bounce generally occurs when a visitor is routed to your homepage from the search listings and then exits to the result page by not visiting other pages or hitting catch of your website’s hyperlinks.
The bounce rate of your site is derived by dividing the number of users who turned away from your website during that specific timeframe by the number of visitors during the time range. The bounce rates above a certain threshold are a sign of lower conversion rates and prompt action to be taken.
Conclusion
“Getting leads is the first step but converting those leads into satisfied customers is one of the most important and most challenging tasks of a business”.
Certain other KPIs to focus on are:
Exit rate
The pricing of each lead
Rate of click-through
Conversions for leads, prospects, and revenues.
The proportion of individuals who saw your ad and how many instances they saw it.
FAQs
What are the important KPIs for Lead Generation?
Most Important Lead Generation KPIs are:
Customer Acquisition Cost (CAC)
Sales Closing Ratio
Number of Leads
Revenue and ROI
Cost Per Lead and Cost Per Acquisition
Rate of Conversion
Average Session Duration
Bounce Rate
What is Customer Acquisition Cost(CAC)?
The customer acquisition cost ( CAC) is the amount spent on obtaining a new customer.
How is Sales Closing Ratio calculated?
Sales closing ratio= closed deals/ total sales leads ×100
What is most important lead generation?
Lead generation is important to build visibility, credibility, trust, and interest from potential leads.
Hindustan Computers Limited(HCL) is a multinational IT services and consulting company headquartered in Noida, Uttar Pradesh, India. HCL is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978, well before its global peers.
Today, theHCL enterprise has a presence across varied sectors that include technology, healthcare, and talent management solutions, and comprises three subsidiaries- HCL Infosystems, HCL Technologies, and HCL Healthcare.
HCL was established in 1976, as one of India‘s original IT startups. Originally started for making personal computers, the company was established by a group of six engineers, all former employees of Delhi Cloth & General Mills, led by Shiv Nadar.
HCL Group has formed its first three subsidiaries:
HCL Technologies
HCL Infosystems
HCL Healthcare
Although the company has tried to stay focused on hardware, via HCL Technologies, software and services are the main focus. In November 1991, a company called HCL Overseas Limited was incorporated as a provider of technology development services. It received the certificate of commencement of business on 10 February 1992 after which it began its operations. Two years later, in July 1994, the company name was changed to HCL Consulting Limited and eventually to HCL Technologies Limited in October 1999.
HCL TalentCare is the fourth and latest venture of HCL Corporation.
HCL – Growth
Revenue distribution of HCL
In the year 2022, HCL Enterprises generated a revenue of $1,1.48 billion. The company’s revenue from operations for Q4 FY22 is $2.9 billion. HCL employed more than 208,877 professionals in 52 countries.
The company went public on 10 November 1999, with an issue of 1.42 crore shares, valued at Rs4 each.
During 2000, the company set up an offshore development center in Chennai, India, for KLA-Tencor Corporation.
In 2002, it acquired Gulf Computers Inc. On 1 July 2019, HCL Technologies acquired a few IBM products selectively. In the areas of R&D, sales, delivery, marketing, and support, HCL Technologies took full ownership of BigFix, AppScan, Commerce, Connections, Digital Experience, Notes Domino, and Unica.
HCL announced on 16 June 2020 that it had commenced operations in Sri Lanka. The company created 1,500 jobs in the country within the first 18 months of operations.
HCL – Subsidiaries & Acquisitions
Operational revenue of HCL Technologies
HCL Technologies is currently a subsidiary of Vamasundari through a chain of intermediary companies. Vamasundari (Delhi) is owned by Shiv Nadar and in turn holding the majority of shares in most companies in the HCL group.
Between 1991 and 1999, the company expanded its software development capacities to US, European and APAC markets. In July 2018 US-based Actian was acquired by HCL Technologies and Sumeru Equity Partners for $330 million.
On 23 July 2015, CSC (NYSE: CSC) and HCL Technologies announced a joint venture agreement to form a banking software and services company, Celeriti FinTech.
In May 2018, HCL Technologies announced that it has joined hands with Transportation Alliance (BITA), known for incorporating blockchain in the transportation industry, to implement blockchain.
Today, HCL Technologies operate in 52 countries, including its headquarters in Noida, India.
It has establishments in Australia, China, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, New Zealand, Saudi Arabia, Singapore, South Africa, the United Arab Emirates, and Qatar.
In Europe, it covers Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Sweden, Switzerland, Portugal, and the United Kingdom.
In the Americas, the company has offices in Brazil, Canada, Mexico, Puerto Rico, Guatemala, and the United States.
HCL Technologies
HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Through its worldwide network of R&D facilities and co-innovation labs, global delivery capabilities, and over 150,000+ ‘Ideapreneurs’ across 49 countries, HCL delivers holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.
HCL Technologies began as the R&D Division of HCL Enterprise, a company that was a contributor to the development and growth of the IT and computer industry in India. HCL Enterprise developed an indigenous microcomputer in 1978, and a networking OS and client-server architecture in 1983. On 12 November 1991, HCL Technologies was spun off as a separate unit to provide software services.
HCL Infosystems
HCL Infosystems is a Small Cap company, having a market cap of Rs 251.85 Crore operating in the IT – Hardware sector. It is a System Integration and Distribution company. It provides the distribution of technology, mobility, and consumer products. This part of HCL was formed in 1976 to produce calculators.
In June 2015, PC maker Dell announced a strategic distribution partnership with HCL Infosystems. For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 105.69 Crore, down 53.59 % from last quarter Sales of Rs 227.71 Crore and down 84.48 % from last year same quarter Sales of Rs 680.87 Crore Company has reported net profit after tax of Rs 36.86 Crore in the latest quarter.
HCL Healthcare
HCL Healthcare, in affiliation with Johns Hopkins Medicine International, is the healthcare delivery arm of HCL Group. Starting with the country’s first nationwide networked multispecialty clinics, HCL Healthcare aims to provide the whole continuum of care for chronic and acute diseases.
HCL Healthcare is determined to be the trusted long term care partner for people in health or illness.
HCL TalentCare is the newest business venture of the HCL Corporation. It is a global talent-solutions company offering integrated products and services to meet the growing demand for quality talent. The company’s focus is to create development solutions that offer a career launch pad for students and a ready pool of employable talent for enterprises in the IT, Banking, Insurance and Healthcare sectors. HCL TalentCare is headquartered in Chennai and operates world-class training campuses in Hyderabad and Chennai.
HCL has also been involved in criticism and litigation for a long time, involving the H-1B visa program to replace U.S. workers with cheaper foreign labor, including the Disney collusion lawsuit, and the heavily reported case of replacing the University of California’s San Francisco Medical Center IT workers.
Conclusion
HCL was once a garage start-up and today it’s a global conglomerate. HCL was established in the year 1976 as one of India’s original IT garage start-ups. HCL is a proud corporation for its long and exciting journey from startup to become a corporation in the IT industry. It is also confident of reaching new heights in the future. All these years HCL was the face of the Indian IT industry by conscientiously setting high business standards. The goal of providing sustainable, world-class products, solutions, and services; a feat that has helped the corporation touch the lives of millions in Indian and abroad.
FAQs
What is full form of HCL?
HCL stands for Hindustan Computers Limited.
What HCL company do?
HCL Technologies Ltd is a leading global IT services company. The company is primarily engaged in providing a range of software services business process outsourcing and infrastructure services.
What is the rank of HCL in India?
HCL Technologies is 8th most valued IT services company in India.
Where is the headquarters of HCL?
HCL Technologies is headquartered in Noida, India.
Who is the founder of HCL Technologies?
Shiv Nadar and Arjun Malhotra are the founders of HCL Technologies.
When was HCL Enterprise founded?
HCL Enterprise was founded in 1976.
Who is the CEO of HCL Technologies?
C Vijayakumar is the President and Chief Executive Officer of HCL Technologies.
Spices from India have gained great popularity. The spice commerce brought primitive adventurers from all over the globe to the country. Indian spices are favoured throughout the world due to their unparalleled aroma, texture, flavour, and herbal prospect. India has the world’s biggest household spice segment.
Spices have customarily been grown on patches of land in India, with edible agriculture gaining wide acceptance. India is now the world’s biggest spice producer, consumer, and major supplier. It yields 75 of the 109 ISO-recognized sorts and accts for 50 % of the global spice trade.
For the past six decades, Badshah Masala has been the supreme leader in an industry where India has traditionally prevailed. Mr. Jawaharlal Jamnadas Jhaveri formed it in 1958, and it has been one of India’s most powerful players in the glitzy spice trade.
Badshah Masala is a well-known Indian spice maker that has been supplying the realm for over 70 years. Their vision has remained consistent over time: to provide inimitable flavours and lovely aromas to regional and global households while also ensuring adequate nutritive benefits.
It all began with garam masala and chai flavours. Mr. Jhaveri used to put masalas in used cig cans. Before stuffing the cans with spice mixes, he would sanitize them and remove the tags. He would then ride his pushbike around selling them.
Finally, a small factory in Ghatkopar was set up, which was quickly expanded to a massive 6000 sq. feet long factory in Umbergaon (Gujarat). Pav Bhaji Masala, Chat Masala, and Chana Masala were among the 3 fresh spice mixes created shortly after.
Creation of an Empire
Mr. Hemant Jhaveri, the creator’s heir, was an undergrad out of uni in 1994. He engaged in entering the family business and taking the helm. He joined his dad on work trips whenever possible.
Hemant Jhaveri, MD of Badshah
He interned under his dad’s supervision, learning about purchasing, sales, management, and manufacturing. After his dad died in 1996, he took over as CEO of Badshah Masala when he was 23 years old.
He worked tirelessly to broaden the firm’s reach across the nation. Badshah Masala is now outsourced to over 20 nations. It has a significant rack presence in international marketplaces as well. Hemant Jhaveri maintained his dad’s business heritage.
His family is also an essential facet of the Badshah biz. His wife works in human resources, and his oldest child handles in firm’s administration. He already holds a whopping 79 percent of the company. He plans to buy the entire company from his bro, Mr. Kailash Jhaveri, becoming a 100 percent holder in 3 years.
Advertising Adventure
It’ll be recognized as “Swad Sugand Ka Raja,” kudos to the epic jingle that was first telecasted over four decades ago and continues to cohere with both youth and old. “But things rolling very modestly,” Hemant Jhaveri explains. “Briefly after the label’s inception in 1958, it experienced good results, and new factories were established to meet rising demand.” To get the statement out to the public, ads were necessary, and the first major crusade began with billboards on the sides of Mumbai local trains. Even this modest channel was massive, as Badshah Masala and Nirma became the only 2 names noticeable on it at the moment.”
The most noteworthy advert is “Swad Sugandh Ka Raja.” Preeti Sagar offered the voice for the iconic jingle.
The pioneering jingle-based Tv commercial was released, catapulting the brand to new heights and establishing it as a cultural icon. The impact of that piece of interaction is still felt today. For years, the melody was heard on TV, on airwaves, in theatres, and at train stations.
According to the firm, what separates Badshah Masala from other brands is that, while others are striving to expand their prominence beyond regional sales nationally, it’s growing worldwide. Because of the corporate reputation attained from being in the industry for a while, foreign associates favour the brand above other modern brands for their orders. The “Swad Sugandh Ka Raja” tune is also popular among Indians living overseas, as well as buyers and associates of other ethnicities.
There were also TV commercials that showed children preparing a delicious Pav bhaji with the assistance of a fictional cartoon Monarch, as the product was paraphrased into Monarch of seasonings.
Following that, the label aired a slew of mono TV commercials, including one for Lal Badshah. It reintroduced the tune as the background song for the next clip named Flavours Of India’, which depicted a merge of Indians enjoying their food, particularly street food, and our nation’s diverse food customs.
The firm unveiled a plethora of mixed spices and original grounded spices over the ages. The collection also involves aromatic Asafoetida varies to premix chai spice mixes – overall, it provided a hearty box of seasonings and bet big on ads is a wide profile uncovering 360-degree media – print, stereo, tv, and steadily engaged with tech.
Jhaveri recalls some funny stories from the production of one of the ads, saying, “During the scene of the montage campaign, the shooting team kept pulling over to relish all the tasty local food they were capturing.” But it was okay because they were content, and a content team produces excellent work.”
To commemorate India’s 71st Freedom Day, it released “Humare Yahan” in 2017, an advertisement that highlighted the similarities between the folks and meals of India and Pakistan, evangelizing love by focusing on what binds us rather than what separates us.
“We’re pleased in the close it all worked out, and the YouTube clip received a positive response,” he adds. The team liked reversing its phrase “Humare Yahan” as a prank to poke fun at some of our neighboring nation’s other less-savory prejudices.”
The label’s most recent advert, “Har Dil Ka Badshah,” has a deep messsge for cultural progress. It wished to focus gender inclusivity discussions on the incorrect assumption that only females cook in the home. The advertisement was captured in two formats, one with a mom and her baby girl and one with the mom and her son.
“During the scene of “Har Dil Ka Badshah,” starlet Loveleen Mishra kept switching the term Masala to Masale and opined with us it was the best semantic way, and folks started debating that the label was Badshah Masala,” Jhaveri says. The company lads thought it was hilarious because they stayed out of the argument and just witnessed us and Loveleen argue it out. Due to the sheer ad’s statement, the male character was mocked with variants of “khaane mein kya hai,” and “work from home.”
#HarDilKaBadshah was snapped during the pandemic, and Pacheriwal says it took a lot of retakes and was a very challenging vibe than the previous snaps.
Jhaveri remarks on the promotional trip thus far, “We deem user perspectives to be vital and customize our interactions to fit what our viewer enjoys.” Our clients act on trust, which we strive to strengthen by advertising that swirls around the clan and has robust social communication that strikes a chord with everyone.”
Digital Presence
Usual competitions have retained customers engaged on social networks, and the satisfaction of winning the hamper has been enticing. According to the label, it uses all famous apps for max reach, with Instagram being the most useful.
“Everyone is on it these days,” Jhaveri says, “it’s no longer a framework with selfies for youths.” The fresh-faced audience has a larger impact on buying decisions than previously thought. Twitter is ideal for current affairs and in-the-moment marketing. Facebook and YouTube are excellent platforms for reaching moms and cooking art lovers, and we will continue posting recipe clips and work with food influencers and creators to increase our reach.”
The most vital point for the digital presence is to post engaging content, allowing consumers to easily find Badshah Masala on any channel they wish. “Scrumptious food images prove beneficial, making people hungry and craving a meal created with Badshah Masala.” The 2 most pertinent factors for our viewers are events and recipes, which we strive to do regularly” he adds.
Distinct Nature
Great additives are necessary for good food preparation, and spices are especially important in Indian cuisine. Indian cuisine is gaining popularity, and millions around the world are exploring the flavour and therapeutic properties of spicy meals. Spices are rich in antioxidants and work well as flavourings.
It selects fragrant and special seasonings from the best-growing fields in India and mixes them to produce a diverse range of spice mixes for a variety of cuisines.
They specialize in Indian flavours and their product range includes whole spices, ground spices, and mixed combination flavours. They also produce quick chai spice mixes in different flavours. The founders are in charge of quality checks.
In India and abroad, over 45 different items are available. The company is among the few Indian spice companies whose items are marketed in the U. S., the U.K., South Africa, the Mid East, Se Asia, Nz, and Israel.
Overcoming the Pandemic
During the disease outbreak, most businesses were forced to shut down. Despite having contributed 35% of its income to the spice segment, this had a major effect on its earnings. During the closure, among the most fun things was cooking. As eateries shut, the idea of a cloud kitchen picked up steam.
A cloud kitchen is a food preparation room that also functions as a shipment diner. This was the pivotal moment in Badshah’s decision to relinquish their old biz framework in favour of online sales.
Presently, their site includes purchasing their goods online and making delightful meals with them. They also have an editorial piece where they discuss spices and Indian food culture overall.
Acknowledgement and Expansion
The label is widely available, with approximately 800 distributors, 25 shops, and 450 salesmen on personnel. For its widespread distribution in both urban and remote areas in India, Badshah Masala surely is the spice leader of India. It earns $29 million in sales each year. It generates 1532 mt of items per month.
It has received several accolades. In 2004, AMGF Intercorp Ltd named the business the “finest maker in the spices segment.” It was also named “India’s most loved brand” that year.
Such victories also win hearts!
Over the years, consumer loyalty to the label has grown significantly, and folks relish its strong product portfolio.
It has sustained its quality since its outset. It retains a diverse nation united by a common love for food.
Mr. Hemant Jhaveri wishes to broaden and augment his spice empire. He intends to enter the brand into the RTE (Ready To Eat) and pickle segments. There are strategies to modify the methods and automate significant portions of the work while limiting menial work for a secure and more consistent outcome.
The goal to popularise Indian food around the globe is still ongoing. Because of the increased demand from foodies and cloud kitchens, it aims to offer both traditional and virtual customer demographics.
FAQs
Who is the owner of Badshah Masala?
Jawaharlal Jamnadas Jhaveri is the founder of Badshah Masala.
When was Badshah Masala founded?
Jawaharlal Jamnadas Jhaveri founded Badshah Masala in 1958.
“Lead Generation is a Fairly Core Activity to Marketing”
Lead generation is the marketing process that can be defined as a set of marketing activities that the companies perform in order to receive queries from the potential customers and therefore, identify and focus on them for the sale of their products or services. Lead generation is advantageous to every other company/organisation regardless of its size or the industry it belongs to, and would be used in B2C and B2B setups.
A lead generation funnel is a method for generating leads that is methodical. You find the intended audience and direct them to the funnel peak. You then push them further below the sales funnel unless they buy an item.
Typically, lead-generating tunnels have three main phases. They are the Top of the Funnel( TOFU), middle of the funnel (MOFU) and bottom of the funnel( BOFU).
The five vital steps to building a lead generation funnel are described below in detail.
Step 1. Create a Customer Journey Map
The initial step in generating leads is to create a customer path mapping. The issue is that you might have several access points, such as social networking sites, organic content, or public relations. Try to figure out where the mass of your site’s visitors originate from next and envision what a potential consumer could be seeking. When your top stream is an organic blog, then acquiring readers to install an ebook might be the next revolutionary step.
Plan apparent paths to assist convert traffic into prospects and lead to conversions.
Step 2. Begin to Produce Excellent Content
Once you have created your buyer persona, you would need to produce content for every phase. Determine if your key topics and plot the topic concepts are at the forefront of the funnel or BOFU.
The customer case report is at the bottom of the funnel( BOFU) whereas a podcast on the huge topic is at the top of the funnel (TOFU). Make your content smarter and utilise it to engage with your audience.
Also, remember that almost all of the amazing stuff you previously have could be used wisely. Using a well-toothed comb, get around your present content and begin dropping it out by phase. You could dynamically adjust it before you know what content component belongs thud you may view on making content for reach at TOFU, and in BOFU, you start optimising it for conversions.
Step 3. Bring People to the Very Top of Your Funnel
Bringing People to The Top of your Funnel
The very next phase is to make them into your funnel. When you have the right data, you could simply figure out what content is generating much more leads and sales for you across the entire client pathway.
You would discover that a specific landing page performs well at the start of your funnel. So why not just test a few sponsored tasks? On that page to spark the client journey for several other web pages.
Step 4. Data on Leads to be Acquired
Think about how we discussed the significance of mapping up your customers’ sales cycle? You may have discovered few chances for creating digital content such as ebooks and handbooks. Those were fantastic for generating leads.
You aren’t, however, constrained to gated content. Conversions could also be boosted by using forms, chat support features and product-specific landing pages.
Just keep in mind that you are required to ensure you place the proper CTAs on appropriate spots. When they do the conversion, you would want to keep all of your prospects in a single location. Although a CRM is an ultimate option, few marketers decide to monitor their leads on a Google sheet or excel worksheet.
Whatever method you use to obtain leads, ensure you receive the information your sales staff would require to validate them. Generally, we request;
● Name in full form
● Name of the firm where you work information about how to contact us. This gives us useful information on who is intrigued by and engaged with the material.
Step 5. Support Sales in Closing Leads
Sales and Promotion activities
Now that you have placed your lead data into your CRM, it is still indeed up to your sales associates to transform it. Sales and promotional activities are usually split by a divider. Marketing creates leads and passes them along to salespeople to progress its pipeline.
The lead generation funnel is a task that both sales and marketing could work on collaboratively. Thus sales and marketing could collaborate to enhance the profits by working towards the same objective.
Luckily there exist fewer generation firms that could take a sizable portion of your work pressure and make things much easier. Through offshoring lead generation, you could concentrate on which pertains the most, the value of your goods and services, as well as the degree of customer satisfaction.
Outsourcing also lowers the expense of acquiring and raises the median customer loyalty. Your customer’s journey from desire to buying is defined by a sales pipeline. They were a concept that’s much applicable in B2C scenarios where the customer journey is minimal, the customer journey for B2B enterprises is more analogous which involves increased involvement.
Conclusion
With lead generation, you can maintain customers/ visitors/ users engaged till you attain your goal-a purchase. The very first thing meanwhile is to get consumers on deck, this necessitates the use of a lead generation funnel. I believe this content has clarified your understanding of what a lead generation funnel is and also how to build them well.
“Making Your Prospects Feel Like They Have an Exclusive Membership in a Club Makes Lead Generation a Positive Customer Experience.”
FAQs
What is a lead-generation funnel?
A lead generation funnel is a method for generating leads that is methodical. You find the intended audience and direct them to the funnel peak.