The pandemic has made us shift entirely to digital. But there are few things that we often doubt in the digital platforms. Buying fruits and groceries have always been conventional when it comes to purchasing. But with such a dreadful pandemic across the globe, people have taken the initiative to bring this grocery service in your footsteps. Well, yes! That’s right.
In India, dozens of online companies are established to facilitate grocery shopping online and delivering it to the customers with full covid-19 precautions. With such a rushing and demanding lifestyle, shopping through conventional offline methods has become very tacky. In such cases, grocery startups are founded, where you can buy anything with just a few taps on your smartphone.
Groceries play the most significant role in our lifestyle. We need food items and other household products daily. Grocery application makes it absolutely convenient so that we can buy all our grocery items any time we want, with no boundary of time. These applications facilitate purchasing and delivery of the grocery item to the customer’s house. This article would help you in knowing the best grocery startups in India, available for you any time. Let’s get started!
The largest digital supermarket in India, Big Basket is widely known for its broad range of household and grocery products. Big Basket is considered the number one online grocery application in India. It provides a product range of around 14,000 items for customers to choose from. It offers absolutely convenient payments services and express delivery within 2-3 hours. Big Basket has formerly received the honor of ‘Consumer Internet Company of the year’ by VCCircle.
Big Basket is preferred by almost everyone, ranging from working professionals to school children. It offers various discount offers to its customers. It offers free home delivery for orders above Rs 1000. Big Basket serves majorly in the top seven cities that include Mysore, Pune, Chennai, Mumbai, Bengaluru, and Hyderabad.
Grofers
Grofers Website
Grofers, a very prominent digital retail store that offers multiple categories of grocery products to its customers. The company’s products range from organic stalls, beverages, snacks, vegetables, dairy products, and many more. Grofers was established in 2013 and headquartered in Gurgaon, India.
Grofers is associated with several brands such as Pepsi, Colgate, Aashirvad, Dabur, and many others. Its mobile application is available on both platforms of Android as well as iOS. Its home delivery facility is available in Bengaluru, Delhi, Gurugram, Mumbai, and others, across India.
Dunzo
Dunzo Website
Dunzo is well-known for its incredible express delivery within 45 minutes. This grocery application holds a wide range of products including beauty products and vegetables.
They deliver items from your nearby grocery stores also. Its functions are accessible in Delhi, Mumbai, Noida, Hyderabad, Bengaluru, Gurgaon, Chennai, and Pune.
Nature’s Basket
Nature’s Basket
Nature’s Basket is one of those grocery startups that are established by the Godrej Group, in India. Godrej Group offers the best quality of grocery products from a broad range of categories.
Its product is specifically manufactured from foreign countries such as Cheese from France and Italy, Spices from Asia, organic supplies from India, and many others.
ZopNow
ZopNow is a very well-known online grocery store which offers a wide range of products for its customers. They offer biscuits, pickles, sauces, frozen foods, vegetables, sweets, and many other beauty products. Moreover, it provides kitchen and home products as well.
ZopNow is widely famous for its customer’s experiences and services. It offers a huge range of discounts and offers. Its services are available in Delhi, Gurgaon, Faridabad, Noida, and Ghaziabad.
Well, Reliance is known by everyone! And when it comes to Jio, it has brought some incredible deals for Indian. And among these, JioMart is one of the most incredible online grocery stores. Its mobile application is available on both iOS as well as Android.
JioMart functions in almost every metro city including Ahmedabad, Mumbai, Bengaluru, Hyderabad, Delhi, Meerut, Agra, and others.
Licious
Licious Website
The very famous digital marketplace for meat and seafood is Licious. It provides absolutely fresh, packed, marinated, vacuum-sealed meat and seafood. Licious was founded in 2015, headquartered in Bangalore, Karnataka, India.
Licious functions on a zero inventory model and offers a subscription model for pre-fixed delivery products and dates. Its mobile application is available on both Android and iOS.
Paytm Mall
Paytm Mall is considered the fastest growing e-commerce marketplace that provides the service of grocery shopping and delivering from customers’ houses. Paytm is counted among the most prominent E-commerce platforms after Amazon and Flipkart.
Paytm Mall offers a wide range of products such as fresh vegetables, dairy products, fruits, and many others at affordable prices. Its mobile application also provides FMCG products for online sales and other grocery items.
Country Delight is counted among the top online grocery stores in India. It provides a wide range of dairy products. The company is very significant with its services and delivery.
Country Delight was founded in 2015 and established in Gurgaon, India. The company also functions with some quality management systems with quality testing at the manufacturing level, farmers level, and with accredited food testing laboratories.
Qtrove
Qtrove is an online platform that offers various handicraft products for its customers. Its product range includes homemade chocolates, jams, ells sauces, home decor products, cold-pressed juices, skincare, and others.
Qtrove is headquartered in Bangalore, India with some very advanced investors such as Brand Capital, Navodya and K Ganesh.
Conclusion
With digitization in every sector, grocery and household products are also available on the Internet. Today, the life of every individual has become very tacky and hectic. That’s why people search for an online platform that provides the required services.
Many prominent companies are established in India with great grocery services. Therefore, it has become quite tough to choose the right one. And for that purpose only, we have brought this article. Stay tuned for more updates!
FAQ
Are grocery delivery services profitable?
Yes, Grocery delivery services are profitable ventures.
How do delivery companies make money?
Delivery companies make money by charging the customers a delivery fee that is fixed or depend on the distance travelled.
Which are the top grocery delivery startups in India?
Big Basket, Grofers, Godrej Nature’s Basket and ZopNow are the top grocery delivery startups in India.
Ford Motor Company is well-known. This automobile company has been around for over 116 years, creating iconic cars and even aircraft and armored vehicles during World War I & II.
Many of the companies that were founded in the early 1900s have gone on to become some of the most influential companies in the world today. And, Ford was one of the most important companies that stood out from the crowd.
Many of Ford Motor Company’s innovations have left their mark on the auto industry throughout its 115-year history. Ford is one of those companies whose name is well-known to everyone. With a rich history as one of the world’s oldest car manufacturers, Ford has many interesting facts that you may not be aware of!
Detroit, Michigan’s Ford Motor Company was founded in 1903. Henry Ford and his son Edsel were among the 12 founders. For him, it was all about raising money for his business to succeed. However, Henry’s stake in the company would not last.
Henry and Edsel Ford bought out the other 10 owners of Ford Motor Company in 1919, allowing them to take full control of the company that bears their names. Detroit’s Mack Avenue was the site of the first Ford plant.
The Quadricycle
Ford Quadricycle
Henry Ford’s first vehicle was the Ford Quadricycle. It was a simple frame with a gasoline engine and four bicycle wheels mounted on it that was Ford’s first automobile. This quadricycle was completed in 1896. He built a 4-wheeled quadricycle with a tiller, a gas-powered 4-horsepower engine, and a transmission.
Henry Ford worked as Thomas Edison’s chief electrical engineer In his spare time, he built the quadricycle. After reading an article in the November 1895 issue, he became interested in the subject.
Thomas Edison’s Last breath
Thomas Edison’s Last Breath
Despite their world-changing achievements, Thomas Edison and Henry Ford’s genuine friendship is a delightful tale that few people have heard. Two of the men bought vacation homes in Fort Myers, Florida, because of their lifelong friendship.
The last breath of Thomas Edison was captured in a test tube and sealed with a cork, at Ford’s request. To Henry Ford, Edison’s “life and breath” remained in the tube. Friendship was very important to them.
Fordlandia
Fordlandia
The Amazonian jungle of Brazil was the site of Henry Ford’s 1928 attempt to create a small “utopian”-style village. This plantation was to serve multiple purposes and be the size of a small village. While providing fresh rubber to his factories, it would also provide jobs for the locals.
In the end, setting up the village proved to be much more difficult than he had anticipated. It ended up being a failure, and the land on which it was built is still uninhabited.
Ford is credited with inventing the assembly line for making automobiles. This method of car construction was pioneered by Henry Ford, and it is still the most popular method of car construction today!
Productivity skyrocketed as a result. A car could be built in less than 90 minutes, instead of the 700 minutes, it took before. The company’s profits soared as a result. Ford’s involvement was evident at every stage of the production process. A good business decision at the time, it turned out to be a world-changing innovation.
Pay increase
In 1914, the average factory worker earned $2.50 per day. Henry Ford increased the pay of his employees to $5 a day in 1914, which was unheard of at the time. For Ford and its workers, it was a wise move. It was a move that resulted in a positive atmosphere among employees. Their productivity went up as a result of this, as did their wages, which enabled them to buy a car that they helped to build.
As a result of the new salary, a shorter working day, and profit-sharing, employee turnover was reduced, and the middle class and fair wages movements grew.
Ford Mustang was transported to the Top of Empire Estate building
Ford Mustang at the Top of Empire State Building
Ford Mustang was disassembled and photographed from a helicopter after it was transported in four pieces using resident elevators to the Empire State Building in 1965.
After being separated into four pieces and transported up using the elevators on-site, the car was finally delivered to its destination. Reassembled, the car remained there for five months before being dismantled.
Jim Morrison owned only one car, a Ford
Jim Morrison with his Shelby Gt500
The Doors are one of the most well-known rock bands in music history, with a worldwide fan base. Jim Morrison was the band’s lead singer, and he became an inspiration to many musicians of that era and subsequent generations.
It was a 1967 Shelby GT 500 that Jim Morrison, the legendary Doors singer owned.
It is one of the most famous Mustang models ever made. After suffering a heart attack in Paris in 1971, Jim Morrison passed away at the age of just 27. He’s buried in Paris, and his gravesite is still one of the city’s most popular tourist attractions.
Ford Motor Company began manufacturing airplanes during World War I. During the “war to end all wars,” he wanted to lend a hand to the United States military. Throughout his life, Ford held 161 patents, proving that he was constantly innovating and expanding his reach.
“Tin Goose” is the nickname given to the Ford Trimotor, a three-engine American transport aircraft. Henry Ford’s company began production in 1925 and ended on June 7, 1933. Ford produced 199 Trimotors. However, it was also used by military units. Unfortunately, he had to shut down the operation in 1933 due to a lack of success.
Ford’s Racing clan
Ford 24 Hour Le Mans
During the 24 Hours of Le Mans race, Ford beat Porsche, Lamborghini, and Ferrari. With its GT40, Ford ended Ferrari’s six-year winning streak in 1966. Ford went on to win the championship four years in a row, which is noteworthy.
FAQ
Who is the founder of Ford?
Henry Ford founded Ford Motor Company on 16 June, 1903.
What was the first car made by Ford?
Ford Model A was the first car made by Ford in 1903.
What was the net worth of Henry Ford?
Henry Ford had a net worth worth equal to $200 billion dollars adjusted for inflation.
Well, who doesn’t love to go out and get his hands on some lip-smacking chicken fries? We’re sure not one of them. In this article, we will discuss unknown facts about one of the most popular food chains. Many of you would have guessed the name by now. Yes, it is KFC.
KFC stores are located in more than 105 countries and were first opened in 1930 in front of a gas station by Harland Sanders, a gas station operator. He never thought of it as a business but considered it a hobby. KFC’s Original Chicken recipe was developed in the 1940s and is now considered the company’s greatest asset. The history of this food chain is quite interesting. In 1986, PepsiCo bought the KFC restaurant chain for $850 million. It is owned by Yum! Brands, Inc., which also owns Taco Bell and Pizza Hut.
Let’s learn some surprising and less known facts about one of your favorite food chains.
Harland Sanders is the face of KFC and creator of its signature chicken recipe, but the name Kentucky Fried Chicken wasn’t given by him. In reality, both the name and bucket meal’s creation credit goes to a painter hired by one of the franchises.
Sanders Court & Cafe
KFC stands for Kentucky Fried Chicken. But, the company wasn’t always named this. It was earlier known as Sanders Court & Café, after the name of Harland Sanders and Kentucky is its place of origin. Harland operated its first store in front of a gas station in North Corbin, Kentucky, which is still there with a museum. He had also served in the army as a mule-tender. He was later made an honorary Colonel along with 5000 other people in 1953 by the Governor of Kentucky for his contributions to the state’s cuisine. He was a Colonel of the state of Kentucky and not a Military Colonel. He also got a mention in the 1939 book – Adventures in Good Eating. This information is mentioned on the official website, which states the history of KFC. After Sanders realized that people were more into chicken and not petrol, he turned the petrol station into a restaurant and motel and named it Sanders’ Court & Café.
First KFC Restaurant
KFC First Restaurant | Kentucky Fried Chicken
The first restaurant, which was going to be named Kentucky Fried Chicken, was opened in 1952 in Salt Lake City. This happened after Sanders met restaurant owner Peter Harman over a food seminar.
Official Adoption of the KFC Name
The food chain was widely known as Kentucky Fried Chicken. In 1991, an attempt was made to adopt the name KFC so that the chain could distance itself from the ill opinion coming from the word “fried”. This thing was admitted by Kyle Craig, president of KFC US.
You might be surprised to know that bucket meal wasn’t on the food chain menus initially. Earlier, single pieces of chicken were sold. In 1957, the bucket meal was introduced and included several pieces of chicken, bread rolls, and gravy. Another interesting fact is that the KFC bucket meal was started in 1939 but didn’t sell until 1957.
Auction of the Trademark White Suit
Colonel Sanders trademark white suit was purchased at auction by the President of KFC Japan at a whopping price of $21,510. After this, KFC opened bidding for Sanders’s other personal items for charity.
Speculations About the Secret Recipe
KFC’s secret recipe is indeed private and is kept locked in a safe in Louisville headquarters. Along with it, vials of spices and herbs to be used are also saved. Some assume that the recipe might contain crack, which makes the chicken so addictive. Colonel Sanders left the blend of 11 herbs and spices of the trademark chicken recipe in his mind before he wrote it down on a piece of paper which he kept in his wallet. Now, the formula is under a lock, with just a few company members allowed to access the information. Many people try to figure out the recipe. KFC’s recipe has been the same since 1940, except that they changed their oil brand for a healthier one. The famous fried chicken food chain is sometimes also referred to as – “Kids Fattening Centre”. Top authorities of KFC never made the list of herbs used in making chicken public, but they once revealed that it consisted of salt and pepper and that the other ingredients were common herbs that could find in almost every kitchen.
The original recipe was made in 1940, according to KFC. It is nearly impossible to decode the original formula of KFC, but there is a substitute in the market worthy of competing with the original recipe. Marion-Kay Spices, also known as 99-X, once sold mixtures to franchises but, after his death, it was barred from selling mixes to any KFC franchise. The bottle costs just $22 and is nearly indistinguishable from the authentic blend.
Change brought by Pressure Cooker
Sanders was never a fan of deep-fried chicken and instead liked to pan fry it, which usually took a long time. With a pressure cooker coming on the market, Sanders used it for cooking chicken despite the risk of explosion and poor design. He liked cooking his chicken like that to him, and its taste resembled that of pan-fried chicken.
Colonel’s own video game and comic book
KFC – Colonel Quest
The game is called – Colonel Quest, and it aims to collect as many chicken drumsticks as possible. There’s also a comic book by the name – The Colonel’s Adventure Comics, which shows various events in the Colonel’s life which lead to the discovery of fried chicken.
The Colonel’s Adventure Comics
Kentucky Fried Chicken was sold for $2 million
Colonel Sanders sold KFC in 1964 on conditions for $2 million to investors so that he could get a place on the board.
April Fool’s Prank Became an Instant Hit
KFC introduced The Double Down via a press release on April Fool’s day. This mashup sandwich consists of two fried chicken breasts wrapped around cheese and bacon. Although America’s population likes fatty food, it was not just America where this meal became famous. It was sold out within hours of its release in various parts of the globe like Japan, British Columbia, French Canada and Australia.
KFC’s popularity out of America
The food chain is not just popular in America but other countries as well. Currently, its franchisees are spread in 105 countries with around 23,000 KFC locations. Many American fast-food chains are widespread globally, and KFC has become successful in becoming one of them. According to Forbes, KFC is currently valued at $8.5 billion.
KFC Crocs
KFC Crocs are a real thing and have two versions. The first one resembles a classic clog which is just like any typical croc but has a twist. The top has a fried chicken print with two removable Jibbitz, which are chicken-scented and look precisely like a chicken drumstick, and the bottom has a classic KFC bucket design. The sad part is that you can’t eat those chicken-scented drumsticks. With no surprise, Kim Kardashian has a pair of those crocs.
KFC Pizza
KFC Pizza
Yes, KFC Pizza is a real thing, and it’s too delicious. KFC and Pizza Hut came together in 2019 to create this masterpiece. They made a massive Popcorn Chicken Pizza with KFC’s gravy as the base and mozzarella cheese topped with Popcorn Chicken.
KFC arranged a couple’s wedding
KFC Couple | Hector Mkansi and Nonhlanhla Soldaat
A video of the lovely couple – Hector Mkansi and Nonhlanhla Soldaat went viral in which Hector was seen proposing to Nonhlanhla. After this, people willingly came forward to contribute to the couple’s wedding. KFC South Africa helped them by providing a wedding planner. Many other companies such as Airlines Kulula, Mago, Uber, Lexus and Audi also offered their services to the couple.
KFC Couple | Hector Mkansi and Nonhlanhla Soldaat
Marketing went wrong in China
Sadly, ‘finger-lickin’ good” was mistranslated in a few locations of China. It was translated as “eat your fingers” for a while until corrected. Currently, KFC has 4563 outlets in the country with over 50 items on the menu in each store.
Christmas in Japan
There was a very successful marketing campaign run in Japan in 1974 – “Kurisumasu ni wa kentakkii!” which means “Kentucky for Christmas”. Japanese people love to eat fried chicken, but enormous orders are placed on Christmas for chicken dinner. The amount of craze can be estimated because there is a three-story KFC located in Tokyo, which even has a full whiskey bar. It can be considered that it is a tradition to eat KFC on Christmas Day in Japan. Massive orders are made in advance. Japanese people enjoy buckets of fried chicken throughout November till Christmas Day.
All-You-Can-Eat Buffet in Japan
These buffets have become quite popular recently, and restaurants have allotted one and a half hours to people to eat as much fried chicken as they want without worrying about the bill as the meal would cost the same as that of a bucket. Just imagine unlimited chicken, and that would catch you drooling.
There were some less known facts about your favorite fried chicken food chain. We hope that you enjoyed reading the articles.
FAQs
What does KFC stands for?
KFC stands for Kentucky Fried Chicken.
Who founded KFC?
Colonel Sanders and Pete Harman have founded KFC in Kentucky, United States on september 24, 1952.
How many times KFC failed?
Colonel Sanders Failed 1009 Times before his chicken was accepted.
There have long been disagreements within the industry regarding the perishability of fast-moving consumer products and their short life cycles. Even under the best-case scenario, when customers could be serviced quickly, and goods were made on time, balancing complex logistics with consumer demands was challenging.
As a result, the sector’s dependence on the FMCG B2B marketplace has increased. The forecasts made by Nielsen & Company that worldwide FMCG eCommerce sales will reach $400 billion by 2022 were correct. Yet, this was trending before COVID-19, which required a more significant proportion of businesses to go digital.
FMCG companies are adjusting their strategies in response to changing market conditions and geographies. Industry giants are selling directly to consumers rather than using Amazon’s eCommerce platform. Consumers of Ben & Jerry’s can have ice cream delivered to their homes, while customers of Kraft Heinz may buy directly via Heinz to Home.
B2B and business-to-consumer trade via the Internet is no longer a fad but rather the new normal. ShipBob’s statistical monitoring of eCommerce trends may be used to track the course of events, beginning with the onset of the pandemic, and you can see that food and beverage items have continuously risen in general popularity. The same holds for beauty products, personal care items, and other consumer packaged goods as it does for food and drinks.
COVID-19’s Impact on The Fast Moving Consumer Goods (FMCG) Sector
The pandemic wreaked havoc on fast-moving consumer goods (FMCG) companies. Restaurants were forced to close, and consumers began to rely more on home-cooked meals and mealtimes. In New York City, almost 1,000 restaurants have been permanently shuttered. Since then, supermarkets have improved their capacity to combine eCommerce with delivery.
In continuous upheaval, consumer goods companies have been compelled to alter their products and seek out new partners. Unilever, for example, has partnered with Oyo to offer hygiene kits. Not only that, but FMCG companies also have to cope with an ever-changing supply chain, frequent disruptions, and a fickle buying public. This is a catastrophe waiting to happen. This demonstrates how FMCG eCommerce can help businesses adapt to their new normal.
Changes in Consumer Behavior
Cooking at home is becoming more popular, and individuals spend more time doing it. In the United Kingdom, online food sales have risen by 75%. As a result, creating digital shelf space is more accessible than acquiring it in a conventional store. FMCG companies may use headless architecture to focus on direct-to-consumer sales while supporting their wholesalers’ eCommerce platforms.
Consumption Habits Are Evolving
People purchased items to escape dread during the early stages of the pandemic. In 2020, forecasters predicted a 5.2 percent global GDP decrease, while experts predicted a 6.7 percent loss. Recessions in the previous ten years have lasted an average of 18 months. In this case, the economy has altered quickly and dramatically. Consumer confidence has already been harmed since many are expecting or have already experienced a decrease in income. Still, using B2B marketplaces, FMCG companies can quickly scale up and down.
Distribution Chaos
Supply chain disruptions and fluctuating commodity prices add to production planning, manufacturing, and pricing complexity. The destruction wrought by the August 10 Derecho storm will further restrict Iowa’s maize, soybean, and commodity supply since more than 30% of the state’s crops were destroyed. Prices may rise, forcing some to reduce production. Nonetheless, it’s vital not to disappoint your consumers. Before they place an order, make sure they are aware of the current inventory. Fortunately, eCommerce allows you to view everything you have for sale.
Buying Habits Are Changing
In 2018, online sales of FMCG products increased by just 20%. In a year, online sales increased sevenfold, compared to a two percent increase across the FMCG sector. As a consequence, online shopping is becoming more popular. In addition, the aim today is to leverage physical brand loyalty to motivate online purchases. eCommerce is more crucial than ever, as more and more retail and corporate consumers choose to shop via digital channels.
An Increasingly Regulated Environment
In the United States, 50 different sets of operational rules and standards must be observed. The handbook explains how to properly operate a loading dock as well as the fundamentals of business management. The usage of eCommerce may make logistics easier.
FMCG B2B Marketplaces Provide Much More Than Increased Revenue
Many B2B transactions were moved to the Internet due to the CODV-19 pandemic, as well as a change to a business-to-consumer distribution mechanism. Invariably, eCommerce can do a lot more than take orders when it comes to online sales. FMCG companies may use this strategy to respond to current and future market issues. It also provides FMCG manufacturers, wholesalers, and distributors with more flexibility and data.
Firms in the FMCG industry must be able to:
Increase agility
Change between business models for B2B and business-to-consumer situations, as well as those that combine the two.
Have fresh merchandise on hand when consumers need it.
Face the company’s constantly shifting supply chain and logistics challenges.
Ascertain that the expectations of consumers are fulfilled or surpassed.
The following scenarios also need accurate data:
B2B customer purchasing habits
New product and service market expansion
The number of suppliers is growing, as is their geographic dispersion.
Getting the most incredible product and message delivery for the best scenario possible.
Segmentation
On a case-by-case basis, increasing the per-order pricing
Choose The Best Platform for Your FMCG B2B Marketplace
B2B marketplaces are growing increasingly popular among company leaders due to the many advantages offered. First and foremost, convenience, as well as central payment options and flexibility, are significant advantages. According to Gartner, 70 percent of commercial transactions will be B2B by 2023. There are many factors at play.
It doesn’t matter whether you’re thinking about autonomous operations, vertical markets, or horizontal marketplaces when it comes to starting a business. You’ll need a well-designed marketplace to sell your goods. When searching for a B2B marketplace, it’s vital to seek a platform with a wide range of capabilities.
Undoubtedly, businesses must be enticed to join B2B markets by providing valuable services. Customers and vendors have varied needs, and FMCG sellers want to be able to customize the customer experience. As a result, companies must make timely and secure payments, which involves buying products from various vendors.
By improving the user experience, you may attract additional B2B marketplace suppliers. Merchandisers would want to see a retail setting with price tables, product catalogs, and a variety of customization possibilities. B2B vendors also want the ability to automate quote generation.
Customers in the B2B sector also want a simple buying experience that allows them to buy from many providers at once, manage returns quickly, and keep their data organized. Further, B2B buyers want to see a structure that corresponds to their company’s internal organization.
Take Time to Evaluate The Seven Most Widely-Used B2B Marketplace Platforms for FMCG
There are few players in the B2B marketplaces since they are still emerging. Frequently, organizations looking for a solution to manage an eCommerce site are looking for a platform that can handle both the front-end and back-end. These are the top seven B2B markets to consider if you’re searching for a B2B marketplace:
1. Mirakl
Mirakl focuses on the back-end of B2B and B2C marketplaces, but not the front-end. They have an advantage since they have pre-built APIs and links to the front-end buying experience. Salesforce, SAP Commerce Cloud, and Magento are just a few of Mirakl’s corporate connection choices. They also offer operators and sellers product administration and reporting, data tools, and monitoring.
2. IZBERG
IZBERG is a popular choice for companies looking to expand their presence in the EU. IZBERG, like Mirakl, is a platform that only enables back-end commerce via linking companies using APIs. IZBERG may be utilized in the B2B or B2C arena, in addition to the B2B and business-to-consumer sectors. Invoicing, payments, and other B2B (B2B) needs are all handled by them. The benefit of IZBERG is that it can support both physical and digital products and services.
3. AppDirect
AppDirect, unlike IZBERG and Miraki, offers both front-end and back-end functionality. AppDirect places a strong emphasis on digital services. Another benefit of AppDirect is its ability to connect to third-party goods through API. AppDirect began as a download site for applications, but it now offers almost any digital goods. In terms of helping and controlling merchants’ products, AppDirect is the industry leader. AppDirect also provides customers with user-friendly apps.
4. Oro
OroCommerce was created to address the requirements of companies that do commerce with other enterprises. Oro allows FMCG companies to manage many eCommerce sites from a single control panel. Oro also supports B2B2B, B2X, and B2C transactions, as well as any additional transactions you can imagine.
Further, Oro includes a customer relationship management (CRM) system for suppliers and operators, in addition to the aforementioned platform. Oro offers comprehensive reporting and workflow features. Moreover, Oro is open source, but it also has a scalable API and a third-party integration capability. Without question, the Oro marketplace platform is the most well-known B2B solution on our list.
5. Marketplacer
Marketplacer can handle both consumer and B2B transactions. The market is first and foremost a vendor hub and a gateway for operators. In addition, the software includes separate front-end and back-end modules that may be used to book events and services and receive digital products. It’s also compatible with Magento, Shopify, WooCommerce, and other eCommerce platforms.
6. Omnify
Omnify is an expert in the field of online retail. Controlling product, service, and reservation systems, as well as B2B and business-to-consumer interactions. Omnify is compatible with Shopify, Magento, and SAP in addition to WordPress. They also handle product and vendor evaluations and quotation creation and therefore offer a highly valuable service.
7. Spryker
The fact that Spryker has a higher-than-average number of active B2B and B2C eCommerce licensees demonstrates its strength. They may get access to new markets by using their PaaS marketplace solution. You can utilize the Spryker platform even if you don’t already have a Spryker eCommerce site.
The marketplace at Spryker is built on a headless architecture that allows for front-end flexibility, administrative management, and essential onboarding features. Spryker also allows several sellers to sell the same items with the same UPC numbers, as well as auction-style business models.
To summarize
Without a doubt, B2B purchasing is increasingly shifting online. B2B FMCG suppliers that respond quickly may acquire an advantage over their rivals and claim first-mover designation. Those who hesitate may find themselves irreversibly behind in a relatively short time.
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 Likee.
Short video-making apps have become immensely popular today, particularly among the millennials. While TikTok continues to remain the most popular short videos platform, another platform that grabbed attention is Likee. In 2019, Likee registered 330 million downloads worldwide, and half of these downloads were from India. On 29 June 2020, the Government of India declared a ban on 59 apps on the grounds of “stealing and surreptitiously transmitting users’ data in an unauthorized manner to servers which have locations outside India.” Likee is one among those banned apps.
While Likee is not currently available for download in India, the app is still functioning in around 180 countries. It was declared the sixth most downloaded app globally in the Q1 Global App Market Index (reported in April 2020) by ‘App Annie’, a leading mobile data and analytics company. This StartupTalky post covers everything you need to know about Likee.
Likee is an app that allows users to create, edit, and share short videos. The app helps in the creating engaging videos through cutting-edge special effects, video shooting techniques, and editing tools. Likee was launched in July 2017 by Singapore-based Bigo Technologies, its parent organization. The video creation app connects people across the world and forms communities based on shared interests. The mobile app is compatible with both Android and iOS.
One of the primary reasons behind Likee’s popularity among Indians was the app’s availability in 15 Indian regional languages. The app also supports other languages such as Portuguese, Arabic, English, and many others. Likee also provides a ‘parental control’ feature to address the growing concerns of the parents over the type of content their children view on the app.
Likee App
Likee – Parent Company and Owner
Likee is the brainchild of Singapore-based BIGO Technology, which in turn is owned by JOYY, a Chinese company listed on the NASDAQ.
BIGO Technology is a growing technology-oriented company with more than 30 offices and 6 R&D centres around the world. BIGO’s products and services are powered by Artificial Intelligence; the catalog includes Bigo Live (live streaming) and Likee (short-form video platform). With the aim to empower the new generation in today’s digital environment, BIGO has touched the lives of billions of people across the globe.
Likee – Founders and Team
Li XuelingandJason Hu are the co-founders of BIGO Technology, the parent company of Likee.
Jason Hu – Co-Founder, Bigo Technology
Bigo Technology co-founder and President Jason Hu had a humble beginning. At the age of 19, he was working at a factory in China. Jason, who had a junior college degree, appeared for national graduate entrance exams and was selected for a post graduate computer science program at Peking University. Jason worked with Alibaba and Microsoft, post which he joined ‘JOYY’ (earlier known as YY). JOYY is a leading video-based social media platform. JOYY founder Li Xueling was quite impressed with Jason’s way of working and selected the latter as the co-founder of JOYY’s Singapore-based venture ‘BIGO Technology’, which was launched in 2014.
Bigo Technology co-founder and CEO David XuelingLi holds a Bachelor’s degree in Philosophy from Renim University of China. Xueling Li also founded CFP.cn in the year 2000, a copyright trading platform for journalists and photographers. From 2003-2005, Xueling Li worked as the chief editor at Netease.com, a Chinese portal, before staring JOYY in 2005.
When the app was launched in 2017, it was named “LIKE” and in mid-2019, the name was changed to “Likee”. The idea behind adding the extra ‘e’ to ‘like’ was to stress on the extra value the company began generating for its users.
Likee generates money through in-app purchases, advertisements, and live streaming. Many music and movie production houses also tie up with Likee to promote their projects; this collaboration also brings in revenue for Likee. Popular Bollywood movies such as Chhichhore, Dabangg 3, Panipat, and Housefull 4 were promoted through Likee and succeeded in garnering massive user engagement.
In 2019, Likee made it to the Guinness Book of World Records for creating the “largest online video album of people waving a flag in India” under its ‘No matter where I am, #IAMINDIAN’ campaign.
In June 2020, before its ban, Likee’s app had 6.1 million new installs in India. The Likee team was quite optimistic about its expansion in India but with the ban on the app, the situation doesn’t appear to be optimistic. The ban will have a significant impact on the app’s revenue and user base size.
If Likee is to maintain an indomitable lead, it has to focus on the enchanting factors of the video creation and user participation.
Likee – FAQs
Who is the founder of Likee?
Li Xueling and Jason Hu are the founders of Likee app.
Which country developed Likee App?
The parent organization of Likee’s app is Singapore-based BIGO Technology, which is owned by Chinese Internet firm JOYY Inc.
When was Likee created?
Likee was founded in 2017.
Who is the Owner of Likee?
Likee is owned by Singapore-based BIGO Technology. JOYY Inc. is the parent company of BIGO.
Is Likee App same as Tik Tok?
Yes. Likee is similar to TikTok in the sense that it allows users to create short videos.
Is Likee also banned in India?
Yes. Likee App is among the 59 apps banned by the The Government of India. The ban also encompasses Tik Tok, UC News etc., for “engaging in activities prejudicial to the sovereignty and integrity of India, defence of India, security of state and public order.”
Is Likee Chinese app?
The parent organization of Likee app is Singapore-based Bigo Technology, which in turn is owned by Chinese Internet firm JOYY Inc.
As we move higher in the digital realm, education is also undergoing significant changes. Since the last decade we have seen a lot of E-learning platforms mushrooming across the world and India was not an exception. As pandemic held on to their natural course of life, digital learning platforms were an abode of hope and connectivity.
Even before the pandemic, these firms had significantly reduced the issues of physical accessibility, unequal distribution of facilities etc. Among a large variety of online learning platforms Vedantu was one platform that stood out and was committed to providing quality education to every student associated with it.
Vedantu was founded in 2011 by Vamshi Krishna, Pulkit Jain, Saurabh Saxena and Anand Prakash. The firm is owned by Vedantu Innovations Private Limited. Their business model is explicated below.
The most important resource that the firm relies upon is the quality of the teachers and the skill set of the technical team. The live interaction of the teachers along with their ability to adapt and improvise depending on the requirements of the students have significantly helped in the growth of Vedantu.
Being an online platform the structure and organisation is also as important as the skill sets of the teachers. They have a very well organised website at the perusal of the students.
Vedantu Website
Key Activities of Vedantu
The major activity that drives Vedantu forward are their live classes and materials. Apart from that they also provide various free courses and free materials that are useful for classes from 6 to 12 and also for students preparing for various competitive examinations.
These free classes and materials are in fact testers which the students can use before they decide to sign up for their paid services. Their classes are mostly live and cover the syllabuses of all subjects from class 6 to 12. The price of the paid services vary depending upon the class of the student and also the courses that they wish to enroll in.
Value Proposition of Vedantu
One of the major highlights of this EdTech company is it’s personalised classes and live interaction. Unlike the pre-recorded classes of its competitors, it ensures that they hire skilled teachers who are capable of devising better learning methods based on the requirements and mindsets of the students.
This unique customisation is inclusive of white boarding technologies, video, two way audio et cetera. This startup is also a favourite choice for students who are preparing for competitive examinations.
Like most of the online classes Vedantu also records live classes for the benefit of absent students. They ensure better affordability and accessibility by providing classes and support that functions even with low internet bandwidth.
Vedantu has to incur a lot of expenses like any other offline operating firms. The company spends a large part of its revenue on the teachers, depending on their experience and their contribution of courses to the platform.
Including the teachers there are over 1300 employees working in the firm whose salaries need to be catered to. Vedantu thrives on advertisements and promotions for which they spend another large part of their revenue.
Revenue Stream of Vedantu
Vedantu has only a single revenue stream which is through their subscription model. It is safe to conclude that this start-up follows a B2C formula to connect to it the end users. B2C stands for Business to Consumer.
In the subscription model they charge students a certain amount of money depending on their class, course, duration of the course et cetera. These plans vary widely and hence his pocket friendly. You can choose one depending on your needs. So as to ensure credibility and assured quality they also have many demo classes.
The popularity of these subscriptions are accelerating over the years and in 2019 the number of subscriptions almost doubled than that of the previous year. Although they have a single revenue stream, they make sure that they make the best out of it.
Through their Unique Selling Proposition and marketing strategies, Vedantu have been successful in establishing itself as a reputed online learning platform. It has received various funding’s right from the pre-seed rounds.
Investors like Ramaswamy, Accel, Trifecta Capital Advisors, GGV capital, KB Global Platform Fund, Legend Capital et cetera are a few of them. Recently this Bangalore-based educational startup raised $100 million during its series D funding round from a US-based investment firm named Coatue.
After this, Vedantu is valued at $600 million from earlier $275 million as on February 2020. They have been able to raise nearly $200 million till now.
FAQ
What is the valuation of Vedantu?
The valuation of Vedantu is $600 million as of 2021.
Who is the founder of Vedantu?
Vamsi Krishna, Pulkit Jain, Anand Prakash, and Saurabh Saxena are the founders of Vedantu.
Who are the competitors of Vedantu?
Chegg, BYJU’S, Meritnation, Toppr, Wonderschool and Simplilearn are the competitors of Vedantu.
The capital of Odisha and the second earliest planned city of Independent India, Bhubaneswar is not just a beautiful city but a slowly growing startup city of India. Any place becomes a “city”, “state” or “country” because of the people who live there. And the people of Bhubaneswar are trying to change the world with their innovative ideas and startups. Let’s throw some light on the successful entrepreneurs and startups in Bhubaneswar.
Before proceeding, if you know any other startup in Bhubaneswar, then please let us know in the comments. We would love to feature them on this list of startups in Odisha.
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Is Bhubaneswar Best Place For Startup business in Odisha?
Arrelic
Founder: Deepak Kumar Sahoo Industry: IoT Founded in: 2016
Arrelic Logo | Startups in Bhubaneswar
Arrelic is a firm based on IoT (Internet of Things). The main focus of the company is to help manufacturing companies improve overall plant productivity, reliability, and minimize production costs. Besides IoT, they also provide analytics and consulting services.
Deepak Kumar Sahoo is the founder and CEO of Arrelic. He holds his MS degree in Reliability Engineering and did post-graduation in Engineering Management. He has hands-on experience in Asset Performance Management, Reliability Engineering, Predictive Analytics, and Operational excellence roles in fortune 100 companies across the Middle East, Asia, Africa regions in various industries.
Prantae Solutions
Founder: Sumona Karjee Industry: Healthtech Founded in: 2015
Prantae Solutions Logo | Startups in Bhubaneswar
Sometimes, you see people facing some problems and make a business model around it. But sometimes, the harsh reality of life punches you so hard that you can’t see anyone else in that pain, so you try to initiate something. Prantae Solutions which is a Bhubaneswar-based startup started in 2015, has a similar story.
Weeks before the delivery, the doctors were claiming that the baby will bear healthy. But the founder, Sumona Karjee had to undergo surgery to see her daughter. Even though the doctors were successful in the delivery, the child born was so week that it weighed just 900 gm. After 45 days in NICU, the baby survived. Fortunately, the mother of that girl was a researcher and after all this, she decided to help others who are going-to-be-mothers. Prantae Solution researches these types of problems and tries to find the easiest solution.
Founders: Raunak Singh and Sarvesh Pathak Industry: Food Delivery Founded in: 2016
BringMyFood Logo | Startups in Bhubaneswar
With a vast variety of food and an easy-to-order interface, this service can beat Swiggy and Zomato. However, BringMyFood is available in only Bhubaneswar, Lucknow, Varanasi, Prayagraj, Vizag, Puri, and Kolkata for now. Moreover, its application is available for both platforms, Android and iOS. You can also order directly online.
BMF Technologies Private Limited is the parent company of BringMyFood. It was founded by Raunak Singh and Sarvesh Pathak in 2016. The headquarter is based in Bhubaneswar.
MedTel
Founders: Dr. Lalit Manik, Shashank Singhal, Ajit Choudhary & Siba Prasad Panda Industry: Healthtech Founded in: 2017
MedTel Logo | Startups in Bhubaneswar
MedTel is a startup company in Bhubaneswar. It is the medical aggregator which combines specialist teleconsultation, diagnostics, and drugs in one place. There are some products which MedTel deals in, for doctors. Also, there are many services that make it easy for doctors to save someone’s life. The team of the startup includes some really good doctors and managers who work hard to ease the process of medication fast. It is one of the best startups in Odisha.
MedTel was founded by Dr. Lalit Manik, Shashank Singhal, Ajit Choudhary, and Siba Prasad Panda. Dr. Lalit is the President of MedTel whereas Shashank is CEO, Ajit is CTO and Siba is the Head of Telehealth Pod Operation. There are many doctors who serve as the advisors of MedTel.
Slick Account
Founders: Sanmaya Kumar and Bibhu Datta Industry: Fintech Solutions Founded in: 2013
Slick Account Logo | Startups in Bhubaneswar
If you are a nerd and going to launch a tech-based startup then you need to consider the financial aspect of the company. Accounts are the blood of the company, it matters less if it is a little low or high, but it is important. The slick account helps you with all the problems you face in the accounting of the company. With Slick Account, you can focus on more important problems of your startup.
Slick Account, a Bhubaneswar-based startup was founded by Sanmaya Kumar and Bibhu Datta. Sanmaya serves as the CEO and CTO of the company whereas Bibhu is COO of Slick Accounts.
Etrix Technologies
Founders: Harshwardhan Kumar, Nitin Kumar, Satish Kumar, Dhiraj Choudhary & Josef Suess Industry: Web Development Founded in: 2015
Etrix Technologies | Startups in Bhubaneswar
With experts in the fields of cloud computing, artificial intelligence, mobile apps, etc., Etrix is the best web solution company in Bhubaneswar. They provide all the services from desktop application building to IoT. Etrix Technology has been recognized by platforms like Nasscom, Startup India, NSTDB, Startup Odisha, etc.
Etrix Technologies was founded by Harshwardhan Kumar, Nitin Kumar, Satish Kumar, Dhiraj Choudhary and Josef Suess. Harshwardhan is the CEO whereas Nitin works as CTO, Satish as COO and Dhiraj as CMO of the company.
Grozip
Founder: Ananda Mishra Industry: Grocery Delivery Founded in: 2015
Grozip Logo | Startups in Bhubaneswar
Grozip is a hyper-local delivery company and one of the top startups from Odisha. It facilitates B2B and B2C delivery in 4 cities of India. The cities are Puri, Bhubaneswar, Cuttack and Rourkela. It operates as a marketplace model and onboard small and medium businesses to their technology platform to increase their client’s sales and help them reach more customers. As a customer, You can get all the grocery products on your doorstep with this service.
Grozip, a Bhubaneswar-based startup, was founded by Ananda Mishra. Ananda is a graduate of Orissa Engineering College where he did a B.Tech in Computer Science.
Founder: Debansh Das Sharma Industry: E-commerce Founded in: 2015
Classystreet Logo | Startups in Bhubaneswar
Classystreet is a women-centric clothing e-commerce startup. It sells only traditional women’s clothes. Classystreet’s mission is to bring all the beautiful traditional fascinating pieces of artistry from the master weavers, designers & craftsmen into its platform. They showcase their work to the lovers of this traditional form of Indian ethnic & handloom wear. The startup is helping talented designers and weavers earn a living and also letting the world know about their talent.
This Bhubaneswar-based startup was founded by Debansh Das Sharma in 2015. Debansh completed his bachelor’s in Marketing in 2003.
Vasitars
Founders: Vishal Chandra Khan, Abhishek Kumar and Aditya Gupta Industry: Industrial Solutions Founded in: 2017
Vasitars Logo | Startups in Bhubaneswar
Vasitars was founded in 2017 by 3 IITians. It deals with the solutions to the problems related to the pipelines. The reason this startup made it to our list is that those 3 students invented “Nano Filler Reinforced Polymer Composite Wrap to Repair Corroded Pipelines” with the help of their academic excellence. Vasitars now deal with brands like JUSCO, Indian Oil, ONGC, etc.
Innocule
Founder: Gyan Ranjan Das Industry: Chemicals Founded in: 2014
Innocule Logo | Startups in Bhubaneswar
Innocule, a Bhubaneswar-based startup, deals with the products and services related to the mineral industry. With the experienced professionals and good R&D team, Innocule was successful in acquiring deals from mineral giants like TATA Steel, Ultratech Cement, and Ambuja Cement. The Company offers innovative products and services to mineral industries for enhancing their productivity and cost-effectiveness.
Santaan
Founder: Raghab Prasad Panda Industry: MedTech Founded in: 2015
Santaan Logo | Startups in Bhubaneswar
Santaanis a fertility center and research institute, based in Bhubaneswar, Orissa. It offers a wide range of services such as blood tests, intrauterine insemination, in vitro fertilization, intracytoplasmic insemination, semen analysis, hysterosalpingogram, genetic testing and more. It offers personalized treatments for both genders and provides them better service to get diagnose with fertility-related problems.
Santaan is a MedTech startup that trains and enables medical and paramedical staff in such a way that they can provide the best service to patients, especially those based in tier 2 and tier 3 cities of India. The startup was incorporated in 2015 by Raghab Prasad Panda with a key focus to develop a platform that can guide the couple on every step of their way to pregnancy.
O-Launchpad
Founder: Om Swarup Bindhani Industry: Commercial Real Estate Founded in: 2019
O-Launchpad Logo | Startups in Bhubaneswar
When it comes to finding the best co-working space in Bhubaneswar, managed office space, and the best co-working office spaces in Odisha, O-Launchpad is the pioneer. Besides providing better co-working space and office designs, O-LaunchPad is boosting the startup ecosystem in India by its appealing modern infrastructure, hot-desks, gaming work stations, and other co-working support to startups & entrepreneurs at affordable rates.
It also provides customized working space as per your need and business, ensuring that no budding entrepreneurs have to worry about their infrastructure or office setups.
MachPhy Solutions
Founders: Pradeep Rout, Suraj Kumar and Gaurav Anand Industry: Cloud-chain Solutions Founded in: 2017
MachPhy Solutions Logo | Startups in Bhubaneswar
MachPhy Solutions, a Bhubaneswar-based startup, provides cold chain solutions to maintain the quality of products during transportation – be it pharma, health, agriculture, dairy products, frozen foods, and other perishable products.
MachPhy has expertise in almost every field like robotics, machines, agricultural systems, cold-chain solutions, solar solutions, etc. which helps them to cover a wide range of consumers who can avail their services at an affordable rate.
The startup aims to provide the best user experience and cold chain solutions via its best available modern techniques and technologies so that it can add value to its customers.
Founders: Pranab Ranjan Choudhury and Bhabhani Sankar Swamy Industry: Food & Beverages Founded in: 2016
Aranyak EcoHarvest Logo | Startups in Bhubaneswar
Bhubaneswar-based startup Aranyak EcoHarvest bridges the gap between the urban consumer and the traditional farmers by bringing the naturally grown products on their plate.
Aranyak EcoHarvest’s goal is to provide better livelihood to rural/tribal people thus maintaining a sustainable environment of local biodiversity and natural resources by promoting sustainable consumption among urban consumers. It provides hand-picked products from farmers to urban consumers.
EzeRx
Founders: Partha Pratim Das Mahapatra, Chaitali Roy and Sudip Roy Chowdhury Industry: MedTech Founded in: 2018
EzeRx Logo | Startups in Bhubaneswar
EzeRx is a MedTech & BioTech startup founded in 2018 which aims to develop highly progressive medical devices and innovative solutions to improve people’s health by preventing, diagnosing, monitoring and treating diseases. MedTech products enable early and accurate diagnosis of the disease in order to prevent the death rate.
What really makes it unique is the hassle-free screening and diagnosis of preventive healthcare problems at an affordable price, using a simple non-invasive, portable device.
EzeRx proposed to launch 12 such centers by FY21. The startup has been incubated at KIIT-TBI (KIIT Technology Business Incubator) since 2019. Before this round, EzeRx had raised its first round of funding of Rs 25 lakh, at the valuation of Rs 8.35 crore, from the INVENT program.
Lyflink
Founders: Dr. Sarthak Patnaik,Tushar Patnaik, Kamini Parmar, and Harish Kumar Industry: Telemedicine Founded in: 2017
Lyflink Logo | Startups in Bhubaneswar
Bhubaneswar-based telemedicine startup Lyflink was founded in 2017 to bridge the gap between doctors and patients. While teleconsultations have become the order of the day in wake of the pandemic, Lyflink has been helping infected patients in both rural and urban areas to connect with specialists for COVID care.
The consultation fee for those who can afford is nominal but for needy people of Odisha who cannot afford is free. Lyflink provides you a platform to consult the best doctors with the fastest appointment from any place and anywhere.
The best part is your money will be refunded if you’re not satisfied with their services.
SuperBikeStore
Founder: Soumendra Jena Industry: E-commerce Founded in: 2014
SuperBikeStore Logo | Startups in Bhubaneswar
Superbike Store was founded in 2014 by SJ with an aim to bring the best possible shopping experience to users via its online platform. It is the one-stop solution for superbikes. This Bhubaneswar-based startup provides bikers an online platform that would meet their superbike accessories’ requirement with over 27000+ products from all the famous brands in the world.
Superbikestore offers a complete solution to select one of the best motorcycle gear in India along with helmets, jackets, parts, tires & more at great deals.
Founder: Priyam Mohanty Industry: Aerospace and Defense Founded in: 2016
Tzar Aerospace Logo | Startups in Bhubaneswar
Bhubaneswar-based Tzar Aerospace Research Labs is a registered startup company known for its modern and innovative Aerospace solutions to its commercial as well as civil customers.
The main purpose is to design and develop a conceptual unmanned Hypersonic Research Aircraft with new computational approaches and methods. Tzar Aerospace has been taking up the projects under the category of Swachh Bharat, renewable energy, drone manufacturing, aerospace engineering, biochemical and robot technology, etc. to promote startups, generate employment and make India stronger.
The aerospace industry has been significantly affected by the COVID-19 pandemic that has led to the dramatic drop in-flight services, thus aircraft demand slowed down. However, as soon as things get back to normal this industry is expected to remain stable.
TechBairn
Founder: Ashutosh Kumar Shandilya Industry: EdTech Founded in: 2019
TechBairn Logo | Startups in Bhubaneswar
TechBairn, a pioneer in the EdTech industry, is the fastest-growing professional training platform in the country with offices in Bhubaneswar, Delhi, and Patna. During the initial days of the startup at Bhubaneswar, Ashutosh offers offline classes to around ten students along with his engineering. His unique teaching style helped him to attract more students to join his classes.
That was a Eureka moment for him. He thought to bring an end to the need for physical space where teachers and students assemble for the classroom sessions. TechBairn develops a new form of learning that enables to bridge the gap between academic and experiential learning by giving thousands of students and trainees inspiration to embrace their tech careers with ease.
It has collaborated with different reputed colleges and universities, including NIT Durgapur, St. Jhon, Techno India, BIT Mesra, DTU, Army Institute of Technology, Pune, KIIT, SOA, and the list goes on.
By the end of 2025, it will be creating the world’s largest educational marketplace where anyone can teach and anyone can learn at a very affordable price.
SenCiCare
Founders: Plaban Mohapatra, Basant Mohapatra and Debashish Dash Industry: Service Founded in: 2020
SenCiCare Logo | Startups in Bhubaneswar
SenCiCare, a Bhubaneswar-based startup, providing a one-stop solution to senior citizens. This is a one-stop destination via which they can avail various services like: delivery of groceries, medicines, veg and non-veg items, installation, repair and maintenance of home appliances, payment of bills, organizing various rites and rituals by arranging Purohit, Prasad and Puja materials, arranging telemedicine, teleconsultation and pathological tests at home.
COVID-19 has put the life of senior citizens at a higher danger of contamination. To help such people, the startup came forward by urging them not to step out of their house as they’re there to take care of their day-to-day needs.
After receiving good responses in Rourkela, Bhubaneswar and Cuttack, the startup is now planning to diversify in other cities as well.
Frequently Added Questions – FAQs
What are the startup companies in Bhubaneswar?
List of startup companies in Bhubaneswar or list of companies in Bhubaneswar:
Arrelic.
Prantae Solutions.
BringMyFood.
MedTel.
Slick Accounts.
Etrix Technologies.
Grozip.
Classy Street.
Vasitars.
Innocule.
Santaan.
O-Launchpad.
How to register a startup company in Odisha?
A startup entity may register for recognition (consideration as a startup) online by filling a Startup registration Form. The documents to be submitted include the incorporation certificate and the proof of innovation.
How can I register a company in Odisha?
Steps for Company Registration in Orissa/Odisha:
Step 1: Acquire Digital Signature (DSC).
Step 2: Apply for DIN (Director Identification Number).
Step 3: Apply for Name Approval.
Step 4: Form SPICe (INC-32).
Step 5: e-MoA (INC-33) and e-AoA (INC-34).
What are the best business ideas in Bhubaneswar?
Some best business ideas in Bhubaneswar orbest business opportunities in Bhubaneswar:
Candle Making.
Car Rental Business.
Cashew Nut Processing Business.
Computer Training Institute.
Diagnostic Center.
Is Bhubaneswar the IT Hub of India?
Popularly known as the temple city of India, Bhubaneswar has emerged as the fastest-growing IT hub in India. The leading companies like Infosys, TCS, Tech-Mahindra, Wipro, IBM, Genpact, and many other companies have already been present here. Bhubaneswar has a major advantage over any other IT hub, i.e. the transportation system and the cost of living is quite low as compared to Bengaluru or Pune.
Amazon moved to the Supreme Court of India with a plea to enforce an emergency award challenging the decree of Delhi High Court allowing statutory authorities such as the National Company Law Tribunal (NCLT) and Securities Exchange Board of India (SEBI) to seek approval of application filed by the Future Group to complete its Rs 24,731 crore asset deal with Reliance Retail.
Amazon wins as SC rules against the Reliance-Future Group deal on August 6, 2021. This proves to be a big boost for Amazon and an equally significant setback for Reliance. Read through the article to learn all the facts about the case, and check how its result affects both the parties dearly!
The Conflict – How it became Amazon vs Reliance!
The Indian E-commerce sector had become witness to a tug of war between Amazon and Reliance industries since Future group made an asset sale deal with Reliance Retail Ventures Limited (RRVL), a subsidiary owned by the owner of Reliance Industries, Mukesh Ambani. According to the same, the Future group will be giving up their entire retail, wholesale, logistics, and wholesaling businesses to RRVL.
Amazon had already acquired 49% stakes in Future Coupons making it a 10% stakeholder in the Future Group. The latter signed a “Right of First Refusal” deal with Amazon stating that Future Coupons will not sell its assets to a list of companies without Amazon’s consent so as to block competitors. Reliance Industries was one of the companies on the list.
Amazon and Reliance have locked horns over the rights of Future Group assets
Parties to the Conflict- Reliance, Amazon & Future group
Future Retail signed an asset sale deal with RRVL for 24,731 crore, which resulted in a breach of contract between Amazon and Future Retail. This is why Amazon had taken the matter to the Singapore International Arbitration Centre (SIAC) and pleaded to order stay on carrying out this deal. SIAC issued an emergency award ordering a stay on the fulfillment of the deal between Future Retail and Reliance Industries.
Amazon, with 7 lac sellers in its kitty, is desperate to enter the Indian retail market. On the other hand, Reliance has already established itself with 11,784 stores all over the country. And now, after buying Future Retail, it will become the third largest retail conglomerate in the world with Future’s 1800 stores and brands including Big Bazar, FBB, Easyday, Nilgiris, Central and Brand Factory.
Future Group has announced to sell its retail business to Reliance Industries for Rs 24,731 crore
Reliance is already known as a telecom giant after launching JIO and has already entered the retail market with JioMart. It had an advantage over Amazon since a large Indian population still prefers shopping at grocery stores and kiranas. JioMart is planning to collaborate with these small vendors as it has upheld the motto “Local for Vocal”. The consumers may lean towards this motto since Reliance represents the home ground. Reliance may be an old player in telecom and oil but the retail market is completely based on consumer satisfaction. When you face issues with your network, you’d switch to another one but that involves a whole new process. But when the services from an e-commerce platform disappoint you, chances are you’d never go back. Amazon has been performing aces on the customer satisfaction and delivery front. Reliance still has a lot of catching up to do.
The SIAC, to Amazon’s relief, ruled out an emergency award to stop the deal being carried out between Future Group and Reliance Industries Limited. This relief was short lived as Future Group challenged this decree in the Delhi High Court, stating in a plea that this decree is invalid in India under Sec 17 (1) of Arbitration & Conciliation Act and hence, is not enforceable. The Delhi High Court asked Reliance and Future Group to maintain their status quo and encouraged the NCLT and SEBI to acknowledge the deal between Reliance and Future Group.
Amazon then moved the Supreme Court of India challenging the order issued by the Delhi High Court on February 2nd. “The order of the high court is illegal, and arbitrary apart from being without jurisdiction, therefore the same is liable to be set aside on this ground alone” stated Amazon’s appeal in the high court proceedings.
If this deal goes through, Kishore Biyani, the retail king who’s been ruling the market for over three decades, gets rid of debt on promoter level and listed entities level. The identified assets will be transferred to Reliance Retail & Fashion Lifestyle Limited as a going concern on a slump sale basis for Rs 5628 crore. Future Group will be saving its 25000 employees with their jobs kept intact. Reliance Industries will be taking over the liabilities too. If the status quo on the deal is vacated, Future Group will have no option other than liquidating itself.
As in the case of Reliance, this deal will make it a monolayer in the retail market. It will acquire already set up stores across the country and will be spreading its business faster. Since the announcement, Reliance’s shares have shot up from Rs 500 to Rs 1250 in a matter of months.
The Big Judgement from Supreme Court goes in favour of Amazon
The much-awaited decision from Supreme Court ultimately stands in favor of the earlier ruling of the Singapore International Arbitration Centre (SIAC) and thereby, halting the Reliance-Future Group deal.
This is bound to be a huge win for Amazon, blocking its competitor and a considerable setback for Reliance. The deal amounted to a total of Rs 24,713 crores, which comprised of a takeover of 1,800 stores of Big Bazaar, EasyDay, FBB, and Food Hall, in an attempt to further expand its business across the country. Furthermore, Reliance was also on the verge of taking over the debt and liabilities of the Future Group amounting to Rs 19,000 crores as part of the deal.
As soon as the judgement was passed by SC, Reliance shares were noted to be falling by 2% on the stock markets. Future Group’s retail shares also tanked by 10% as a result of the long drawn battle between Amazon and Reliance, which it was a part of!
Who else is trying this gimmick?
The TATA’s are trying to take over Big Basket by buying a majority stake of 500 to 700 million dollars, as well as a substantial stake in 1mg, an online drug retailer. Flipkart bought 8% stakes in Aditya Birla Fashions by paying a sum of Rs 1500 crore and signed a “right of first refusal” clause as well.
The retail market is on the edge as big players move their money around. There already is a shift in consumer patterns since everything from smartphones, appliances, policies to medicines and groceries are becoming a part of the online retail market. And now we wait and watch, as Amazon and Reliance play their hacks.
Uber has become synonymous with cab service and the name itself needs no introduction. You can book a ride with just one tap. The app connects drivers present in more than 150 cities of the world. The total duration between booking a ride and pick-up ranges between 15-20 minutes. The company is a US based startup and launched itself in India in the year 2013. It was first launched in the city of Bangalore. Now, it is operating in many cities of our country.
This cab service providing company has millions of users and drivers. Uber has been in the limelight for various reasons, both good and bad. There are many things about Uber which many people still don’t know. This article will cover all those unknown facts. Keep scrolling the article to fulfill your curiosity about the same.
The company was founded by Garrett Camp and Travis Kalanick in 2009. The idea of cab services hit the founder- Camp when he noticed the high cost of transportation and then came up with the idea of an affordable alternative. Travis Kalanick is a college dropout from University of California, Los Angeles. Uber was the third venture by Travis Kalanick. Garrett Camp is also the founder of StumbleUpon. The company was earlier named as UberCab and then in 2011 the company changed its name to Uber when it was introduced in San Francisco.
A Nuclear Physicist’s Entry in the Company
You might be feeling confused after reading this. But, it’s true that the company once hired a nuclear physicist, a neuroscientist and a machinery expert. This was done in order to understand the demand of the service. It helped them predict the areas where the demand was high and for providing an accurate method of recommending fare using the GPS.
Keeping the drivers in dark about the destination
Uber drivers don’t know the destination of the passenger while receiving the ride request. Uber Drivers become aware of the destination once they agree to pick them up. It is quite a weird thing and it is not known why Uber does this.
No discount for Uber drivers
Uber doesn’t offer any sort of discounts to it’s drivers. If you think that they might be getting some off or discount on rides in Uber then, you are wrong. However, they are provided with other incentives.
Ratio of Men: Women drivers is quite less
There is quite a low ratio of men:women drivers in the company. A study has suggested that there are only 14% of women drivers in the company. Uber is planning to increase the percentage and in the past also aimed to add 1 million female drivers by 2022.
Uber hires just three employees per city who are responsible for handling all the operations within that city. For any concerns, these three people have to be contacted.
Each drivers gets an iPhone
Company gives the latest model iPhones to all its drivers so that the driver can track your location and reach on time. iPhone is just used for this purpose and all the other features aren’t available for the drivers.
No cash, just digital money
Uber has a No Cash policy which means that you can not pay the drivers using cash. Credit cards can be used to create an Uber account. No debit cards are accepted. But there is more cash using population in our country. There is a very small percentage of people who do cashless transactions.
Age of Uber Cars
Uber is quite strict in terms of age of the car. Drivers are not permitted to use a car that is more than 10 years old. This restriction is beneficial for passengers as no one would like to spend money on some old ride.
Uber’s Annoying alarm
Uber drivers have a common complaint from the company and that is the annoying alarm. Alarm signals a ride request and its sound is quite hard to miss. Sole benefit of this alarm is that the sound can not be missed.
Rating of users
Till now, you must just be aware of the fact that drivers’ are rated by the users. But, it’s also the other way round. Drivers also rate you according to your behavior. Rating affects your pick-ups as if you are a bad rated user then, you’ll be a less preferred customer. Keep this point in your mind before you make an Uber driver wait for you.
Incentives for New users
Uber is seen as a company which never fails to attract customers. It indulges in various marketing strategies. One of them is offering free rides to users on special occasions. Various other cab services have not been able to match Uber on this front. It has been able to afford such innovative marketing because of large investors such as Google and Kleiner Perkins.
Currency drain
Uber is a US based company. The money charged from people goes to an Uber account near Amsterdam from where it is further transferred to US Wells Fargo account. After 7 days, 80% of the money paid by customers comes to a driver’s account. Many complaints regarding foreign exchange have come into the notice of RBI. If the company wants to operate in India then, it has to make various changes in its current way of operation. Such complaints have been registered in other countries as well.
Not so affordable rides
If we see the base fares, cost per km and cost per minute then, Uber Black luxury rides seem to be quite expensive when compared to the same services offered by rival companies. Recently, Uber has launched UberX which offers cars such as Toyota Etios and Maruti Swift Dzire at very nominal cost. Let’s see if this new idea is able to attract more customers.
Company earns by playing middleman
The cars which operate under the name of Uber aren’t owned by the company. Uber just acts as a middleman between people and cab drivers.
Uber likes to experiment with various new concepts. It recently introduced UberKITTENS in the US. It was started in seven cities and provided the option of spending time with real kittens.
No service in Antarctica
Uber doesn’t offer it’s services in Antarctica. It’s services are operational in 173 countries of the world and have millions of users. Uber has conducted more than 5 billion trips since it’s launch.
Love of the company for Latin
Do you know what Los Ubers are? It is a group of Uber employees who have come together with the single motive of spreading the greatness of Latino culture all across the globe. This makes the company’s love of Latin very clear to us.
World record of longest Uber ride
The longest Uber ride was 3361 Kilometers’ long and this incident took place in 2017. This is another amazing fact about the company. The driver drove 2256 miles or 3361Km. He drove a YouTube celebrity from North Carolina to California.
Name is shared by a design firm
Uber Technologies shares its name with a design firm that was established in 1999. It has happened several times that when Uber Technologies was amid some controversies, the design firm was made a target for many lawsuits.
So, these were some of the unknown facts about the company. Hope you enjoyed reading the article.
FAQs
What is Uber famous for?
Uber Technologies is an American app-based transportation platform.
Why is it called Uber?
The name Uber is derived from the German word meaning “above all the rest”.
When was Uber app founded?
Uber’s mobile app was officially launched in San Francisco in 2011.
Is Uber kitten real?
Uber recently introduced UberKITTENS in the US. It provides the option of spending time with real kittens for 15 minutes.
What is the longest Uber ride ever?
The longest Uber ride was 3361 Kilometers’ long and this incident took place in 2017.
Small businesses are in fact the biggest assets of any nation, especially developing countries. The amount of employment that they generate and hence the ripple effect that it gives to multiple families at different levels helps in the upliftment of the economy as a whole in its self.
This is one of the major reasons why every government put in a lot of effort to boost small businesses. However, 2021 will not be a cakewalk for them due to various reasons. The pandemic and lockdown restrictions only add to their pile of problems.
Long gone are the times when businesses used to plan their events at the beginning of every business year and stick to them. Now due to the uncertainties regarding the intensity of waves, casualties and restrictions in place, it is extremely difficult for these firms to plan their activities to ensure a proper flow of revenue or interactions at least.
The fear of plans being shut down and the resulting economic loss prevents them from planning things at the site of slight improvement as well. This lack of planning further aggravates the uncertainty and adversely affects the companies
Lack of Physicalities
Considering the fact that Coronavirus situations are bleak and uncertain everywhere it is likely that the remote working will be continuing during a larger part of 2021 as well. Although it has proven to be a very effective method, it comes with its own disadvantages. Many small businesses find it difficult to run their business in the absence of off-line interactions especially due to the nature of the kind of business they do.
Technological Divide
The lack of adequate technology has rendered a lot of small businesses rather helpless. The continuous technological advances on the other side further push them back in the race. This technological divide costs small businesses a huge sum of money.
The pandemic further aggravated the situation by creating a circumstance wherein they had no other option but to update their technology. While this has also helped quite a number of small businesses to adopt newer technology which they would have never done otherwise, it has also led to the permanent shut down of many others due to their inability to cope up with this competition.
There is still continued neglect by the government with regard to helping small businesses to bridge this technological divide. And hence it will continue to be a huge challenge for them in 2021 as well.
As most of the economic activities came to a standstill since March 2020, many organisations had to cut down a lot of employees to sustain themselves without permanently shutting down.
Unlike most of the cases, this unemployment was detrimental to the smaller businesses in its self and not just to the employees. On one side they had no other option but to let go of even their most valuable workforces while on the other side it cost them a fortune by letting them go.
With the lack of a proper workforce and the continued financial constraints that these small businesses are facing, unemployment and the loss caused by it will continue to be a challenge for them.
Changing Market
Earlier the changes in trends and the strategies required to stay afloat and even prosper were more far fledged than now. But these days patterns and desires of consumer behaviour are changing so drastically that every business needs to adapt to newer marketing strategies to be active in the industry.
This can be clearly observed with regard to the larger changes that have come to the television industry wherein the patterns of viewership changed drastically post lockdown and almost all businesses had to change their marketing strategies to fit into this new change.
Such a highly dynamic market situation will stunt the growth of small businesses. Unless and until they evolve techniques to shift from one strategy to other in a cost-effective manner the current situation will continue to be hostile for them.
Work-Life Balance
The lack of work-life balance is one of the biggest challenges that is going to affect the productivity of small scale businesses. Earlier people were clearly able to divide their professional and personal life by giving proper time to both.
With the advent of work from home, people had no other option but to mix both of them together endlessly which makes them feel that there is no end to work and there is no time for themselves away. This makes them more burned out.
The varying restrictions across the globe have also affected every component of businesses. Small scale firms being not so established becomes the worst affected. Those companies whose materials are sourced from other states or countries get affected due to the restrictions that are in place there. This lack of uniformity staggers the activity of the firm as a whole.
When production gets affected it has a ripple effect on each and every aspect that follows; up to the delivery of the product to the customer. Improper production also means increased cost. Since the pandemic situation is not completely tackled, small businesses will continue to be at the risk of skewed productions and the confusion and stagnation that follows.
Conclusion
An analysis of all the challenges that small businesses are facing in 2021 brings one conclusion. All of the obstacles can be tackled with effective support from the stakeholders and the government. Addressing the issue of the technological divide is the most important thing to be done immediately.
As far as the restrictions are concerned governments can plan them in such a way that it does not hamper economic activities while controlling the extent of overall movement of the population. The businesses should also adapt to effective mechanisms wherein they can shift their strategies and tools as the business climate demands.
FAQ
What are the challenges of small business?
Finding the right talent, Tax complexity, Cash flow issues and lack of adequate technology are some of the challenges faced by small businesses.
What is one of the common difficulties faced by small business owners?
Lack of cash flow is one of the most common difficulty faced by small business owners.
How many employees should a small business have?
A small business should have 50 or fewer than 50 employees.
Lakshya Singh
