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Juicy Chemistry Startup Story – Revolutionizing Skincare in India!

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 Juicy Chemistry.

When it comes to the cosmetic industry, consumers are always concerned as to what goes behind the scenes while making these products and mainly the concern is about the ingredients. For the same reasons, nowadays we see a huge buzz about organic products or natural hair care and skin care products. To capitalize this buzz and to level up this segment in the beauty care industry, Megha Ahser and Pritesh Asher are the Owners of Juicy Chemistry.

Juicy Chemistry was started with the aim of providing simplified skincare. The vision is to dig deep into the nature and it’s method of renewal and rejuvenation and use all organic materials and essential oils to form skincare products. Their products are cruelty free, synthetic products free and are also vegan, free of artificial fragrance, have no preservatives or synthetic additives.

Let’s go through the Journey of Juicy Chemistry from 0 to 100+ product ranges in just 5 years. Also know about Juicy Chemistry Owner, Revenue, Funding, Net Worth, Business Model, How Juicy Chemistry Started & more..

Juicy Chemistry – Company Highlights

Startup Name	Juicy Chemistry
Headquarter	Coimbatore, Tamilnadu
Sector	Organic Beauty
Founders/Owners	Megha Asher, Pritesh Asher
Founded	2015
Valuation	$26 million or Rs 190 crore (2021)
Total Funding	$6.95 Million
Revenue/Turnover	Rs 6.25 crore (FY20)
Parent Organization	Juicy Chemistry private limited
Website	juicychemistry.com
Contact	hello@juicychemistry.com

Discover more about Juicy Chemistry’s Success Story:

Juicy Chemistry – Latest News

June 2021 – Juicy Chemistry has raised funds from Spring Marketing Capital, as part of investment firm’s ‘Skin in the Game’ fund, that counts Verlinvest as an anchor investor.

March 2021 – Juicy Chemistry raised $6.3 million in Series-A funding round led by Belgium-based investment firm Verlinvest. According to Fintrackr’s estimates, Juicy Chemistry’s valuation stands at Rs 190 crore or $26 million.

Juicy Chemistry – About and How it Works

Juicy Chemistry started with a mission to spread awareness about certified organic skin, hair and personal care products and making people understand that every thing that we need for a healthy and beautiful skin is available from nature’s lap and to believe that labs can produce better ingredients then nature is just a fad!

To get more people to use cruelty free organic products, to make them realize that chemical free does not mean it won’t be effective. Instead organic products are the future and should be used on a large scale as they promote sustainable development and organic well-being.

Juicy Chemistry has come pretty far since it started five years ago. They have grown to have a 100+ product range.

Juicy Chemistry – Target Market Size

The company’s main target audience is people who are concerned about harsh chemicals and toxins in their current skin & hair care products and also customers who want to elevate their current choice of product from the “natural’ category to certified organic products.

Juicy Chemistry – How it started?

After suffering for over a decade with hyper-sensitive and acne-prone skin, and consulting with numerous dermatologists, Megha found that the products simply lacked efficacy. Disappointed, she wanted to try the organic route. But, a chance encounter with a sales person, trying to sell natural products, made Pritesh realize that some of the ingredients listed were used by them at their petroleum products manufacturing unit as raw material!

A deeper study shockingly revealed that most personal care products, including baby care contained these harmful ingredients! As they shared their thoughts with family and friends it increasingly became clear that there was either very little awareness about such chemicals present in products and their adverse effects, or there was no alternative available for consumers to switch to a skin care brand that was truly natural. Either way there was an obvious gap in the market.

Coming from a manufacturing background, Pritesh who is one of the founders, had learnt and specialized in complex formulations and manufacturing techniques amongst other business intricacies. They decided to put this knowledge in use to formulate a unique skincare line to provide simplified solutions. To study it in detail, they also compiled data of their current customers, did some social media advertisements and then analyzed social sites and website reach.

By digging deep into Nature and its methods of renewal and rejuvenation, Juicy Chemistry’s products were formulated. The intensive research into essential oils and traditional skincare ingredients forms the foundation of the products. They are all formulated with absolutely no chemicals or preservatives.

Juicy Chemistry started with Rs 5000/- and a make shift 10*10 kitchen in early 2015 with 2 employees. They added additional manufacturing facility in 2018 to make their current facility at 10,000 sq ft.

Juicy Chemistry – Products/Services

Juicy Chemistry believe that shopping for personal care products for you and your family should be both delightful & holistic. Personal care should not just be a sweet smelling experience, but should create the perfect harmony between the body, mind and spirit.

In line with their brand ethos, Juicy Chemistry is India’s first and only skin care brand to offer a complete range of skin care, hair care, personal care and aromatherapy products which are certified organic by Ecocert (France) in accordance with COSMOS V3 standards.

By drawing inspiration from nature, and understanding the power of its rich flora, the company help in creating the perfect chemistry between you & nature. Their unique formulations are designed in house and every ingredient earns its place to achieve a specific result. The team carefully mix ingredients in precise quantities and make their products in small-batches to ensure maximum effective shelf-life.

Each product is handcrafted with the finest local produce and organic essential oils, to make your Juicy Chemistry experience a sheer indulgence! In addition to their commitment to provide pure & green products, Pritesh and Megha also believe that consumers have the right to know the ingredients in their product. Their products are cruelty free, synthetic products free and are also vegan.

The company proudly list out every ingredient used in their product so that customers can make informed choices. Start looking at the labels in your skin care products for ingredients. The more you read about cosmetic ingredients, the more you will be able to make informed choices. Juicy chemistry provide you with the starting base for a sound understanding of the beauty industry and the importance of using natural and organic products. It’s all about creating your “Juicy Chemistry” with nature!

Juicy Chemistry – Founders/Owners and Team

Juicy Chemistry was founded by Megha and Pritesh Asher in 2015.

Both Pritesh and Megha studied at Chinmaya International Residential school and went on to pursue their Bachelor’s degree at Griffith University, Australia. Megha was doing her degree in Criminology and Criminal Justice system while Pritesh was doing his bachelors in Business management. Megha went on to complete her masters in Journalism and mass communication, Pritesh came back to join his family business. Post marriage in 2009 with Pritesh, Megha moved to Coimbatore and started a clothing line as she was passionate about designing and couture.

“At the ideation stage of Juicy Chemistry, we honestly did not have any experience of starting a skin care brand and a bootstrapped brand. With a seed money of Rs. 5,000, we started from scratch right from researching, trials and testing, sales, exhibitions, accounts etc. As we learnt, we brought in more staff and passed on the skill and continued to empower the team to make errors but learn quickly from the mistakes we made and now we are 35 member team and all of members including the few members are now the part of our core mid-level team. Apart from them we also now have a Consultant CFO, and financial advisors on board. We are actively looking to fill our CXO level teams in the near future.”, said Pritesh and Megha Asher.

They strongly adhere by the saying, “Team work makes the dream work.” And it quite does. The founders have got an amazing set of key workers who put their best foot forward to bear exceptionally tangible results.

Juicy Chemistry – Name, Tagline and Logo

During the initial product development days, the team was trying to formulate a soap using fresh beetroot juice and expected a completely different outcome to what they were expecting and Pritesh claimed that some Juicy Chemistry of ingredients and that pretty much stuck! This is how the company got it’s name.

Juicy Chemistry – Business Model and Revenue Model

Juicy Chemistry is predominantly a B2C business model with 90% of its revenue coming from online channels. Along with Juicy chemistry’s website, the brand also retail on Nykaa, Amazon, Myntra and other online channels. Juicy Chemistry also has a flagship store in Coimbatore and plans to expand its online presence aggressively in the coming days.

Juicy Chemistry – Startup Launch

Starting from a small 10*10 kitchen, juicy chemistry’s initial marketing efforts were more about educating the customers on the harmful ingredients that were hidden in everyday use cosmetics and even baby care products.

They participated in small trade shows that gave them the opportunity to get new customers and also to get feedback on their product. The company kept running out of products and customer always came back for more. A lot of their marketing was through word of mouth and fortunately continues to be so even today

Juicy Chemistry – User Acquisition and Growth

“To be very honest, we believe that no amount of marketing dollars spent is going to win you a customer the second time if the product and service offered in not worth customer’s money. For us, at juicy chemistry, customer satisfaction remains the top priority and word of mouth marketing has worked exceptionally in our favor. We also work closely with social media influencers to spread the message of simplified skin care and that has helped us grow exponentially.”, said Megha Asher, co-founder of Juicy Chemistry.

The company also have recently started cross promotions with brands with similar synergies. For example, they did a cross promotion activity with a healthy snack bar company and created trial experiences by sending their customer the fast moving health bars with online orders and the same was done by them and it was a very successful campaign as the customers got to try the product first hand and that gave them the confidence to come back and try more of their products.

The company has grown by 60% in the last 12 months and is on track to cross revenues of 15 Crores in the next fiscal year. They started with 5 SKUs and 17 lakh revenue in the first year and currently doing over 7.5 Crore in revenue in the FY 19-20.

Juicy Chemistry – Revenue

Juicy Chemistry clocked revenue of Rs 6.25 crore in FY20. It is eyeing 4x growth and hopes to achieve sales of Rs 25 crore by the end of FY21.

Juicy Chemistry – Startup Challenges

One major challenge faced was customer’s questions about how their product is any different from other skincare products. The team understood this question from a customer’s point of view as they are constantly bombarded with products claiming to be natural/pure/organic or even Ayurvedic.

“We knew it was not enough to just claim that our product was organic and natural, it had to be proved to our biggest and most important stake holders, our customers.” – Pritesh Asher.

Today, Juicy Chemistry is India’s first & only skin care brand to have certified its entire range of skin care products under the ECOCERT Certification (France) according to COSMOS Standards under the Organic category.

Juicy Chemistry – Funding and Investors

Juicy Chemistry has raised a total funding of more than $6.95 million.

Date	Stage	Amount	Investor
May 2020	Angel round	$650K	Akya Ventures , Mr. Amit Nanavati
March 2021	Series A	$6.3 Million	Verlinvest
June 2021	–	Undisclosed	Spring Marketing Capital

Juicy Chemistry – Advisors and Mentors

Veda corp has come on board as their financial advisors and will continue to guide them through the journey. They are also on their advisory team and helps them with strategies that can assist them right from products, marketing, team, networking, technology and all other value additions.

Juicy Chemistry – Recognition/Achievements

Juicy Chemistry is the first ever Indian brand with a complete certified organic products range by Ecocert (France) in accordance with COSMOS V3 Standard. COSMOS ORGANIC requires that at least 95% of the Ingredients should be from certified organic sources and the balance 5% should be natural.

Juicy Chemistry – Future Plans

The company see themselves doing a lot more products in the next 5 years, more organic, more rejuvenating products and also support sustainable development in the process. They are as excited and as driven about creating products as they were and they’ll be after five years too. Juicy Chemistry target to reach 30 Cr Revenue in the next 2 years and 65 Cr Revenue in the next 4 years of operations. And they’re very positive, dedicated about creating more organic products and delivering it to customers. They want to strive to be transparent, authentic and real with our consumers.

Juicy Chemistry – FAQs

Who is Juicy Chemistry Owner?

Megha Asher and Pritesh Asher founded Juicy Chemistry in 2015.

Is Juicy Chemistry Indian Brand?

Yes. Juicy Chemistry is Indian brand. It is headquartered at Coimbatore, Tamilnadu.

What is Juicy Chemistry?

Juicy Chemistry started with a mission to spread awareness about certified organic skin, hair and personal care products and making people understand that every thing that we need for a healthy and beautiful skin is available from nature’s lap and to believe that labs can produce better ingredients then nature is just a fad!

How much is the revenue of Juicy Chemistry?

Juicy Chemistry clocked revenue of Rs 6.25 crore in FY20. It is eyeing 4x growth and hopes to achieve sales of Rs 25 crore by the end of FY21.

June 23, 2021

Moneyfront – Simplifying Investment In Mutual Funds

The content in this post has been approved by the organization it is based on.

Mutual Fund is an excellent investment tool as it allows all kinds of investors access to professionally managed portfolios of equities, bonds, and other securities. The only downside is the loss of a significant portion of the investor’s returns as commissions to the mutual fund agent or distributor.

In 2013, Direct Mutual Fund plans were introduced by SEBI that permitted investors to invest directly without resorting to any agent or distributor. In direct plans, the expense ratio is low and with high returns. Still, many are hesitant to invest in mutual funds due to a lack of know-how.

Mohit Gang, Anil Bang, and Puneet Mehta—who are also active investors themselves— noticed these inconveniences faced by mutual fund investors face and came up with a solution. The trio launched Moneyfront, a financial advisory platform that lets investors invest profitably in direct plans of mutual funds and that too without any paperwork.

StartupTalky interviewed the Founders of Moneyfront to understand their venture better

Moneyfront – Company Highlights

Startup Name	Moneyfront
Headquarters	Mumbai
Founders	Mohit Gang, Anil Bang, And Puneet Mehta
Sector	Fintech
Founded	2015
Parent Organization	Moneymap Investment Advisors Private Limited
Website	moneyfront.in

Moneyfront – About
Moneyfront – Founders and Team
Moneyfront – History and Launch
Moneyfront – Business Model and Revenue Model
Moneyfront – Funding and Investors
Moneyfront – Tools Used
Moneyfront – Startup Challenges
Moneyfront – Future Plans
Moneyfront – FAQs

Moneyfront

Moneyfront – About

Headquartered in Mumbai (India), Moneyfront is a Robo-advisory platform to invest in mutual funds offering direct plans. It takes pride in three principles – paperless, simplified, and automated unbiased advisory. There is negligible awareness around the concept of direct plans despite being a client-friendly and hugely beneficial option to invest in. The company promotes this concept through technology and by offering transparent advice to clients wishing to invest in mutual funds.

Moneyfront offers financial advisory services via a comprehensive portfolio approach. Using a smart algorithm, it profiles the client and suggests the best direct plans custom-tailored for the investor’s persona.

“Our target customers are all existing investors in mutual funds who are currently investing through their banks or local distributors. We want to educate this base about differences between Regular Plans which they are currently getting and ‘Direct Plans’ which we offer being a registered Investment Advisor with SEBI,” quote the Moneyfront founders.

In September 2018, Niyogin Fintech, a platform that provides collateral-free credit to MSMEs, acquired a 50% stake in Moneyfront for Rs 12 Crore.

Moneyfront – Founders and Team

Mohit Gang, Anil Bang, and Puneet Mehta founded Moneyfront in the year 2015.

Mohit Gang, Anil Bang, Puneet Mehta — Moneyfront Founders

Mohit Gang is the CEO of the Money front. A management degree holder by education, Mohit is an investment expert and worked with Citibank and HSBC before starting Moneyfront.

Anil Bang is an expert in the finance domain. He started his career in ICICI bank and also worked with reputed global financial institutes like Morgan Stanley and Marshall Wace before joining Moneyfront. He has done extensive research on various national and global financial companies.

Puneet Mehta is a talented chartered accountant. He is a member of the ‘Financial Risk Management Program’ conducted by the Global Association of Risk Professionals. Puneet has worked with organizations like ICICI bank, Merrill Lynch, and Bank of America in various capacities in a career spanning 12+ years.

The founders are guided by the belief that a happy client is the best advocate.

At Moneyfront, everyone in the team has the freedom to express themselves freely. Each team member is empowered to take certain actions and contribute ideas for making the company leaner and swifter. The Moneyfront group takes client-feedback pretty seriously and acts on it effectively. It has a full compendium of feedbacks and keeps improvising based on client feedback and suggestions.

Moneyfront – History and Launch

Mohit, Anil, and Puneet were discussing their respective investments one day somewhere around the end of 2015. They came to the same conclusion a big slice of their returns was being decimated as distributors’ commission. They wanted to avoid this and maximize the returns. Moreover, they wanted to avoid the clutter of time-consuming paperwork. The concept of Moneyfront was the result of this discussion– completely paperless with an automated advisory for clients.

MoneyMAP Investment Advisors Private Limited is Moneyfront’s parent company. The name MoneyMAP was inspired by the founders’ names (MAP – Mohit, Anil, and Puneet). The name Moneyfront represents the company’s idea to keep the client’s interest and money at the forefront.

Moneyfront – Business Model and Revenue Model

As Moneyfront caters to Direct plans of Mutual Funds, it doesn’t take any commission from fund houses. Regulations disallow any incentive from product providers if the company registers itself with SEBI as an investment advisor. It is only permitted to charge a fee for the advisory. Moneyfront charges a flat fee of Rs. 1200 per client per year. Moneyfront also offers free services from time to time to first-time customers.

Moneyfront – Funding and Investors

The company was initially bootstrapped by the three founders. Moneyfront raised seed funding in 2017.

Moneyfront – Tools Used

Moneyfront uses a host of tools. For hiring, the Moneyfront team relies on online portals. It uses Google Sheets for updating and coordinating marketing efforts. The company is working on moving its servers to cloud-based platforms.

Moneyfront – Startup Challenges

The most challenging part for Moneyfront has been to deliver simplified options to clients. Moneyfront made a first-in-the-industry switch module with intelligent decryption that auto-reads clients’ existing portfolios. Moneyfront customers can simply upload their existing holdings and switch to direct plans without any paperwork in 5 clicks.

Moneyfront – Future Plans

The founders envision Moneyfront as a platform that simplifies the client’s investment journey, giving them holistic wealth solutions that are paperless, cost-effective, and comprehensively researched. Moneyfront is planning to include other wealth products soon and improve the platform’s technological sophistication. Moneyfront wants to establish itself as one of the biggest players in the Robo-advisory segment in the coming three years.

“We are what we repeatedly do. Excellence then is not an Act, but a Habit.” I am also inspired by Madhushala from Harivansh Rai Bacchan – “Raah pakad tu ek chala chal, pa jayega Madhushala” (take one path and follow it diligently, and you shall reach your destination).

Moneyfront – FAQs

What is Moneyfront?

Moneyfront is a Robo-advisory platform to invest in mutual funds offering direct plans. It takes pride in three principles – paperless, simplified, and automated unbiased advisory.

Who are the Founders of Moneyfront?

Mohit Gang, Anil Bang, and Puneet Mehta founded Moneyfront in the year 2015.

How does Moneyfront earn money?

Moneyfront charges a flat fee of Rs. 1200 per client per year. Moneyfront also offers free services from time to time to first-time customers. Moneyfront caters to direct plans of Mutual Funds, it doesn’t take any commission from fund houses

Who is the Parent Company of Moneyfront?

Moneymap Investment Advisors Private Limited

June 23, 2021

Top 5 Tips For Selecting An Unsecured Business Loan Provider

Nearly every entrepreneur faces the unpleasant process of borrowing money. Some are fortunate and comfortable enough to ask family or friends for cash while others prefer to avoid this step. Many people just aren’t comfortable borrowing money from their loved ones because it often involves an awkward conversation and the potential for an unpleasant payback process.

Fortunately, an entire industry is built on providing small business owners with a loan. The explosion of financial technology companies in recent years jumping into the lending space means entrepreneurs have more choices than ever.

But this doesn’t mean that the process is easy. There are several steps required first before learning how to compare unsecured business loans. Before even thinking about what lender to do business with, it is important to first identify the unique wants and needs.

Tip 1: Know The Business Needs

Before evaluating and comparing business loan providers, it is important to spend a lot of time to determine just how much money a business needs to borrow. This should be part of a business plan that incorporates all aspects of an enterprise’s financial needs.

Often business owners tend to overlook one area of their enterprise. For example, an owner could spend a lot of time figuring out how much it would cost to manufacture 10,000 units of their item but they could be guilty of oversimplifying the true marketing costs associated with pushing out the product.

It is just as important to consider future cash needs as well because this could impact the borrowing process. If a business needs access to $4,000 immediately and another $6,000 in a month, this could open up new doors. Some of the small business loan providers have minimum borrowing requirements so a full understanding of all the enterprise’s needs in advance is crucial.

Tip 2: The Best Small Business Loan Provider Isn’t Necessarily The Cheapest

The best small business loan provider isn’t necessarily the one that offers the cheapest rates. Such is true for pretty much all transactions. If someone is looking to go out to eat a meal and cost is the only consideration then McDonald’s or any of the fast-food joints will fit the bill.

But if they are looking for an upscale experience with personalized service then clearly the cost is not near the top of the list of priorities.

Some online lenders are known for providing bespoke financing solutions. They will work hand-in-hand with an entrepreneur to create custom solutions that would not be ideal for another business.

Now is the time to understand exactly what an entrepreneur is looking for in a business loan. If the owner is financially savvy with expertise in managing debt then it would make sense to want the lowest cost loan. But not everyone is in this situation so it is important to understand what they are looking for before comparing unsecured business loan providers.

Tip 3: Understand What Is An Unsecured Business Loan

You might think now is the time to start comparing small business loan providers, but that will come soon enough. Now is the time to understand the different types of business loans that are available.

Typically, there are two types of business loans that would be offered to entrepreneurs. The first is a secured business loan. This means that the value of the loan is secured in the form of collateral stemming from an asset or future cash flow.

In other words, an entrepreneur enters into a legal contract whereby default of the terms of the loan means the lender will seize an asset. This could be anything that has value, ranging from equipment or a truck and real estate holdings for large loans.

But for many new entrepreneurs looking to take out their first loan, this isn’t necessarily an ideal or even practical option.

Instead, an unsecured business loan is a more likely route many will take. An unsecured business loan, as the name implies, is the complete opposite of a secured loan. The value of the loan is not guaranteed through an asset so the lender is entering into a riskier proposition on their end.

If the small business does not pay back the loan, there are still some legal courses the lender can take, including seizing assets. Even if the business owner doesn’t have any assets, being on the losing end of a legal battle could have long-lasting repercussions.

So, at this point, it is worthy to double-check and triple-check a loan amount before moving on to the crucial step of comparing unsecured business loan providers.

Tip 4: Compare Unsecured Business Loan Providers

Now is finally the time in comparing unsecured business loan providers. As already noted, looking simply for a loan provider that offers the lowest rate might be the right strategy for a small minority of business owners. In this case, the comparison process for a small business loan can be completed in minutes as only one factor is up for consideration.

For the rest, it is important to evaluate loan providers based on a handful of criteria, perhaps the most important of which are any minimum and maximum requirements. After all, it is a waste of time comparing a loan provider whose minimum lending amount is above what the business needs to borrow.

After compiling an initial list of loan providers including those from big banks and financial technology startups, it is important to take time and research if a lender focuses on a particular niche. Some unsecured loan providers cater towards large and more established small-and-medium-sized businesses while others focus on a specific industry.

The list of loan providers at this point will be smaller after eliminating loan providers that aren’t a good fit. Now it is time to reduce the list even more by filtering for more unique characteristics that vary from person to person.

For example, if customer support is near the top of the priority list then look for loan providers that offer online chat, phone, and email support. Some borrowers place a lot of emphasis on reputation so searching for loan providers with many online reviews is the next logical step.

Now that the list is even smaller, it might be time to finally make a decision on which loan provider is best for everyone’s unique wants and needs.

Tip 5: Plan On Repaying The Small Business Loan

Simply having a financial plan in place to repay a small business loan is half the battle. If a business owner knows in advance they will have trouble paying back the loan in the future it is imperative to reach out to the lender right away to discuss options.

Some of the more common tips in ensuring a loan is paid back efficiently include setting aside incremental or extra income. This can come in handy in future unforeseen circumstances or to perhaps pay off the loan earlier if such an option is available and makes business sense.

Most small business loan providers are open to working with the owner in setting up a recurring payment date. This avoids any possibility of missing a payment by accident.

Most important to keep in mind, prepaying a small business loan on time and in full is one of the clearest paths towards approval for a second loan in the future. Establishing a great relationship with a premier small business lender can lead to better rates as lenders prefer transacting with reliable entrepreneurs.

June 23, 2021

How Tata is helping Airtel to bring Made-in-India 5G Technology in India?

The 5G network has been said to come into India in a few years. Jio has been working on it for the last year and had also announced about the 5G network in one of their Annual General Meeting. But now Airtel and Tata group have joined together to provide 5G network solutions in the country. In this article let’s look at how Tata group is helping Airtel to bring 5G in India.

Airtel 5G – Latest News
How Tata Group is helping Airtel bring 5G in India
Bharti Airtel on bringing 5G in India
FAQ

Airtel 5G – Latest News

The telecom major Airtel has announced that it has got into a strategic partnership with Tata group in order to implement its 5G network solution in the country. Airtel has conveyed that the company would be the pioneer for testing and launching the native solution as part of its plans for India in rolling out 5G solutions.

The company has announced in a statement that the pilot is expected to start by January 2022 as per the guidelines that are formulated by the Government of India.

How Tata Group is helping Airtel bring 5G in India

The Tata group has developed a telecom stack which is a state-of-the-art O-RAN (Open Radio Access Network) based radio and NSA/SA core. The company has been successful in order to integrate a completely native based telecom stack through leveraging the capabilities of its group as well as its partners. The company conveyed in a statement that the tech would be available for commercial development from the start of January 2022.

The Tata Consultancy Solutions is expected to contribute its expertise in the global system integration and is expected in aligning both the 3GPP and O-RAN standards in providing end-to-end solutions. TCS is a pioneer in software development and these networks and equipment are increasingly embedded in the software segment.

N Ganapathy Subramaniam representing the Tata group and TCS has stated that, As a group the company is excited about the opportunity that is presented by 5G and the adjacent possibilities and added that they are working towards developing networking equipment and solutions that is world-class in the networking space in order to address the business opportunities. They also added that they are pleased to have Airtel as their customer in this initiative.

**Countries with most number of 5G installed in Cities**

Bharti Airtel on bringing 5G in India

The MD and CEO of Bharti Airtel, Gopal Vittal had conveyed that they are really happy to join forces with the Tata group in order to make India a global hub for 5G and technologies related to it.

He added that, India is well-positioned with its talent pool and world-class technology ecosystem in order to build cutting-edge applications and cutting-edge technological solutions for the world. He also added that this step is expected to provide a massive boost to India in order to become an innovation and manufacturing destination.

These 5G products and solutions are Made in India and are aligned to the global standards and are expected to interoperate with other products based on certain standards that are defined by the O-RAN alliances and open interfaces.

Once the 5G solutions are commercially proven the diversified and brownfield network of Airtel would open export opportunities for the country which is now the second most market for the telecom services in the world.

Airtel is a Board member of the O-RAN Alliance and is committed towards implementing and exploring the O-RAN based networks in India. In early 2021, Airtel had become the first telecom company in order to provide a practical 5G service over its LIVE network in Hyderabad city. Using the spectrum that is allocated by the Department of telecom Airtel has started 5G trials in the major cities.

Conclusion

The media enterprises and the telecom of TATA group provide the requirements regarding communication from SMEs to global business houses and from home networks to wholesale networks. TATA consultancy services and Airtel both are a member of the O-RAN alliance.

FAQ

Will 5G be available in India?

Yes, Many telecom companies are preparing for 5G and India will be ready for 5G till 2022.

Which country are using 5G?

The top three countries that have the most cities with 5G are China at 341, the United States at 279, and South Korea with 85.

Is Airtel 5G ready?

Bharti Airtel become the country’s first telco to successfully demonstrate & orchestrate LIVE 5G service over a commercial network in Hyderabad city.

June 22, 2021

How Shifting Display Manufacturing Unit from China to Noida will benefit Samsung?

Samsung is a multinational conglomerate that is majorly known in India for its smartphones. The company was founded in the year 1938 and has its headquarters located in South Korea. The company has the 8th highest global brand value as of 2020 and also has a number of affiliated businesses under the brand Samsung.

The company in a recent press release had announced that it is shifting its manufacturing unit for display production from China to Noida. Let’s look at the benefits for the company is shifting the manufacturing unit to India.

Samsung – Latest News
How will Samsung Benefit by shifting Display Manufacturing Unit from China to Noida
Samsung Delegation on shifting Display Manufacturing Unit
Chief Minister of Uttar Pradesh on this move by Samsung
FAQ

Samsung – Latest News

Samsung has announced that it has completed the shifting of its display manufacturing to Noida. The company had conveyed that it has finished the construction of the manufacturing unit in Noida. The new manufacturing unit that is based in Noida is the new manufacturing hub for display production.

How will Samsung Benefit by shifting Display Manufacturing Unit from China to Noida

The company has stated the reasons and benefits for moving the plant from China to Noida is the Industrial environment in India is much better than in China and also added that the policies in India are much more industrial friendly.

Other than these, one of the major points to be noted is that Samsung already has its biggest manufacturing plant in the world located in Noida. This facility is not only involved in the manufacturing the phones for the country but also exports them to other countries.

India is also a major country where Samsung has a huge consumer base. Samsung has seen a 52 % increase in the growth of the smartphones in India in the 2021 Q1. The company also has a 20 % market share in India. India is also focusing on the Make in India concept and trying to reduce as much as goods from China.

Samsung Delegation on shifting Display Manufacturing Unit

A team from Samsung which was led by the CEO Ken Kang and the company’s Southwest Asia President had called upon Yogi Adityanath who is the Chief Minister of Uttar Pradesh on 20 June 2021 and stated that the company had finished the construction of the Display production unit in Noida and would be shifting the manufacturing unit from China to Noida.

One of the reasons stated by them to shift the plant from Noida to China was the Industry friendly environment in India. The company further added that they were planning to make the manufacturing hub of Samsung in Noida.

Chief Minister of Uttar Pradesh on this move by Samsung

The Chief Minister of Uttar Pradesh Yogi Adityanath had conveyed in the meeting that the Make in India is a successful campaign and the Noida factory of Samsung is one of the major examples for it. He further added that the new manufacturing unit of Samsung will be creating a lot of employment opportunities for the youth of the country.

The Chief Minister also provided an assurance to the team from Samsung that the Government of Uttar Pradesh will continue to help and support the Samsung company in the future as well.

Conclusion

The team from Samsung had mentioned that the construction work shows their commitment towards India in order to make the country a manufacturing hub of Samsung. However, the company had already started the manufacturing of its smartphone displays in Noida from April 2021. The company had also recently expanded the portfolio of its Tablets in India with the release of Tab A7 Lite and Galaxy Tab S7 FE.

FAQ

Is Samsung phones manufactured in India?

Samsung has two factories – in Noida and Tamil Nadu, where it makes 90% of the handsets it sells in the country, it also has three R&D facilities in India.

Where is Samsung’s biggest manufacturing unit?

Samsung’s biggest mobile manufacturing plant in the world is in Noida which is a 35-acre facility.

Why does Samsung manufacture in India?

Samsung believes that Industrial environment in India is much better than in China and also added that the policies in India are much more industrial friendly.

June 22, 2021

Success Story of PayKun- The Easiest Payment Gateway to Accept Online Payments

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 PayKun.

With the digital revolution prevailing in the worldwide payment system, breaking all the possibilities and introducing something new in the payment infrastructure and ecosystem is essential for businesses to keep up with the times. All kinds of businesses have to adapt to it to satisfy the demands of the customers and for the small-scale companies and startups, this becomes a mandate to grow and flourish further. PayKun was launched by five friends from Gujarat; Nikunj Yadav, Prashant Kambad, Vijay Yadav, Deepak Dabhi and Nirav Solanki, in the year 2018, with the primary intention to introduce ease and integrity into the online payment system.

It allows the customer to make an online payment to the merchants using the payment gateway with their preferred option out of multiple options available with it. It is a secured and reputed solution for the sellers and the service providers and also the most affordable one. It can be used with or without a website with no technical know-how from the merchant-side. Read this article to know more about PayKun.

PayKun – Company Highlights

Startup Name	PayKun
Headquarters	Bhavnagar, Gujarat, India
Industry	Fintech
Founders	Nikunj Yadav, Prashant Kambad, Vijay Yadav, Deepak Dabhi and Nirav Solanki
Founded	2018
Parent Organization	Paykun Payment Solutions Private Limited
Website	paykun.com

Paykun – About
Paykun – Target Market
Paykun – Founders/Owners
How was Paykun Started?
Paykun – Name, Tagline and Logo
Paykun – Competitors
Paykun – Startup Challenges
Paykun – Funding and Investors
Paykun – Startup Launch and Growth
Paykun – Future Plans
Paykun – FAQs

Paykun – About

PayKun Payment Gateway was founded in May 2018 to introduce an easy solution for online payments for all types of businesses from small, medium to large. Any kind of merchant including a freelancer, a YouTuber, a blogger, an offline seller at the shop or showroom, or an individual, needs to have an easy option available for the collection of digital payments.

So with a primary vision to empower business enterprises of all sizes to accept digital payments for their business in the most secure and easiest way possible with a reliable platform, PayKun was developed. Thus, being a Payment Partner, its mission is to provide entrepreneurs with a simple, hassle-free and affordable online payment solution.

It has been growing ever since. It provides 120 payment method options including:

Debit/Credit cards, Master Card, Visa, Diners Club, Amex
80+ Net Banking
Wallets (Paytm, Mobikwik, JIO Money, Freecharge, Ola money, Amazon Pay, Phonepe)
UPI/BHIM (Bhim, Paytm, Phonepe, Whatsapp, Google pay)
Single QR Code (Bhim, Paytm, Phonepe, Whatsapp, Google pay)

PayKun is a PCI DSS Level 1 Compliant that facilitates a totally safe and secure funds transfer. It provides free plugins and SDKs readily available on the internet to integrate with all the major platforms of website and mobile application. If there is no website or app, the merchants can facilitate the online payment for their customers with its Payment Links and Master Links.

It is successful in fulfilling its primary objective of providing the payment gateway solutions in the most affordable and cost-effective manner. It provides its services at among the lowest rates in the market and has taken its place among the cheapest payment gateway solutions in India.

Paykun – Target Market

Payment Gateway acts as a medium between the merchants, customers and the respective banks to make the fund transfers possible directly into the merchant’s bank account. PayKun as a payment gateway supports all categories of the business apart from a few exceptions. Its primary focus has always been to help small and medium businesses grow.

Along with that, it also facilitates high-volume transactions and handles the large enterprises, for them to collect the money for the products or the services they sell. According to the business activities they tend to make the process flexible and customized and serve the society with the first intention to provide ease of access.

Paykun – Founders/Owners

The Founders of PayKun are Nirav Solanki, Vijay Yadav, Deepak Dabhi, Prashant Kambad, and Nikunj Yadav.

Prashant Kambad graduated with a Bachelor in Engineering in the IT field and as a Chief Technology Officer manages the Technological Development at PayKun.

Nirav Solanki, Vijay Yadav, Deepak Dabhi, Prashant Kambad, Nikunj Yadav — Paykun Founders

Nikunj Yadav graduated in the Bachelor of Computer Applications and manages Server management, Server security & Database management as a Server Administrator at PayKun.

Vijay Yadav is a Bachelor in Mechanical Engineering. He overlooks the Business development, all the legal work, and Banking Procedures at PayKun.

Deepak Dabhi has got a Diploma In Computer Science and manages Accounts, Human Resources and Graphics & Design in the company as the Chief Finance Officer and now the CEO f PayKun.

Nirav Solanki graduated with a Bachelor in Engineering in Information Technology and as a Chief Marketing Officer (CMO), manages the sales, marketing, and customer service departments.

How was Paykun Started?

None of the founders cum directors had any prior job experience . They were newly graduated from their respective fields and no one was interested in pursuing a job. So together with the same notion, they started a small freelancing business. They set up a new office and started their work.

They got the need of using the payment gateway for collecting the online payments from their clients. They applied with many different ones but were unsuccessful to get one. They got a very delayed response from them and the whole experience was very upsetting. But this inspired them to start their own payment gateway solutions which would make it easy and cost-effective for small businesses like theirs to get a payment gateway in an easy and affordable manner.

They struggled a lot for the first 6 months which were only spent researching and knowing things like RBI rules, legal requirements, technology, etc because none of the five directors are from the Fintech industry. Later they took 2 years for the implementation part like the technology and infrastructure development, security and RBI compliances, etc and launched PayKun on 15 August 2018 and officially registered it on 31st May 2018.

Paykun – Name, Tagline and Logo

Pay means one would be able to make the payment with the payment gateway easily and – Kun is the Arabic word which means ‘to be’, so together it is named PayKun with the meaning that there is an easy payment gateway now in existence.

Paykun Logo

With their insistence on bringing ease to the genuine businesses in all ways, the directors had together came up with this name.

Paykun – Competitors

Some of the top competitors of Paykun are:

RazorPay
Instamojo
PayUMoney.

With the demand for online payments and the payment gateway rising, the solutions providers are also increasing. There are various payment gateways already in existence and many startups have also been introduced in the market. There is strong competition out there.

Paykun – Startup Challenges

Developing this huge setup in a tier 3 city and having no background in the FinTech field made the inception challenging. They hired a staff of 15 but the team was small and they couldn’t get more because of the limitation existing in the city. They overcame that and have been functioning well after that.

Paykun – Funding

Paykun hasn’t raised any funds from third party yet. It is bootstrapped (June 2021).

“We have a few side projects running which keep the PayKun fueled. We have never raised the funds from any third party and aren’t planning to have it in the near future,” says the founder and CTO, Prashant Kambad.

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Paykun – Startup Launch and Growth

The launch of PayKun itself was a breakthrough for the founders, because it was quite a challenging venture for them. In one year they had crossed 10000+ merchant registration and that was quite a success. They had started with 15 employees and reached to a staff of 50+ today.

It is necessary to introduce what is in demand. Initially, PayKun had 40 payment methods integrated and the number has now reached more than 120. The international services were developed and recently launched at the start of the year 2020. Also, PayKun has processed successful transactions worth 700+ million till today.

PayKun handles all the requirements with ease and with its free integration services there is no technical knowledge required on the merchant side. It has been providing its services at the lowest rates with no set up or maintenance charges and zero hidden fees by not levying unnecessary charges. The PayKun Plugins and SDKs are available online which make the whole integration and technical part hassle-free.

Paykun – Future Plans

“We aspire to onboard all the genuine Indian businesses of all kinds and size and make every business digitised. Also would offer all the possible features at one place.” says the founder and CTO, Prashant Kambad.

Paykun – FAQs

What is Paykun?

It is an easy solution for online payments for all types of businesses from small, medium to large. Any kind of merchant including a freelancer, a YouTuber, a blogger, an offline seller at the shop or showroom, or an individual.

Who is the owner of Paykun?

Paykun Payment Solutions Private Limited is the parent company of Paykun. The founders of PayKun or the PayKun owners are Nirav Solanki, Vijay Yadav, Deepak Dabhi, Prashant Kambad, and Nikunj Yadav. The PayKun CEO is Deepak Dabhi.

What is the PayKun Funding till date?

Paykun hasn’t raised any funds from third party yet. It is bootstrapped (June 2021).

Does PayKun accept international payments?

Yes, PayKun accepts international payments and is considered the most affordable international payment gateway in India. It has the lowest transaction rates for international Payment.

June 22, 2021

Mad Influence Marketing Platform: Get the Best Influencers for Your Business

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 Mad Influence.

This age is often regarded as “the social media age”. With the increasing number of social media users, influencer marketing is becoming an important component of marketing strategy for many brands. The increasing popularity of influencer marketing can be gauged from the very fact that Google searches for the term ‘influencer marketing’ grew 1500% over 3 Years, from 2015-2018. Social Media today is flooded with influencers and that too of many types – Mega, Macro, Micro, Advocates, Referrers, and Loyalists. If you too are planning to leverage influencer marketing for promoting your business, and wondering how to do it best, ‘Mad Influence’ is the place to be.

It is one of the Best Influencer Agency in India .Read more about Mad Influence Company Profile, Challenges, Founder, Revenue, logo, tagline, etc.,

This platform connects brands to influencers across various social media platforms, so that brands can find the best influencers for attracting customers. Mad Influence is among the top 10 infuencer marketing agencies in India.

StartupTalky approached Mad Influence CEO Gautam Madhavan, to get a better picture of how the company is simplifying influencer marketing for brands.

Mad Influence Highlights

Startup Name	Mad Influence
Headquarter	Noida
Founder	Gautam Madhavan
Sector	Service
Founded	2018
Parent Organization	Dutch Vibration Solutions Pvt. Ltd.
Website	www.madinfluence.com

Mad Influence – About and How it Works
Mad Influence – Founder and Team
How was Mad Influence Started
Mad Influence – Startup Challenges
Mad Influence – Name, Tagline and Logo
Mad Influence – Revenue
Mad Influence – User Acquistion
Mad Influence – Growth
Mad Influence – Future Plans
Mad Influence – FAQs

Mad Influence – About and How it Works

Mad Influence helps build the brand through influencers. From the amplification of content to the creation of content – Mad Influence does it all for the brands. It brings together talents, content creators and influencers to create amazing influencer marketing campaigns for brands.

What we offer is solution for humans by the humans. Real life Influencers spreading word of mouth and promoting a brand or a service in real time is the best way to market anything and that’s what we do – Mad Influence founder Gautam Madhavan says emphasizing the services provided by the company.

Mad Influence provides the brands with a dedicated dashboard, and with the help of an integrated Artificial Intelligence tool built-in on their platform, Mad Influence helps brands get real time analytics of their influencer campaigns and track performance. The platform also helps brands to access between thousands of influencers with just one click.

Mad Influence – Founder and Team

Gautam Madhavan – Founder of Mad Influence

Gautam Madhavan is the founder of Mad Influence. A commerce graduate by qualification, Gautam, worked with various organizations in marketing and business development roles before starting his own venture. He also founded ‘Go Dutch India’, a reward based crowdfunding platform, prior to plunging into the influencer marketing domain.

How was Mad Influence Started

Mad Influence was started with a vision to connect humans digitally and build a sustainable community of content creators.

The idea clicked Gautam while he was attending a conference. Gautam noticed that while there was just one speaker speaking at the conference, there were many listeners who were not only interested to listen to the speaker, but also were serious enough to take the learnings and implement in their lives. This made Gautam to think of a platform that brings together many influencers and content creators, who could bring about a large impact on a larger audience. Thus Mad Influence came into the picture.

The platform was started on January 1st, 2018. Since then, they have on-boarded over 10,000 content creators, influencers, and brands across India from multiple networks including Facebook, Instagram, Tik Tok, YouTube, Twitter, etc.

Mad Influence – Startup Challenges

During the inception of Mad Influence, the concept of Influencer Marketing was new. This created a havoc of lack of trust with much less market knowledge. This also effected the startup to hire freshers in the influence marketing domain.

Though this still remains an issue, but things have changed considerably over the years. Maintenance of cash flow in this field is a struggle. As it is necessary for the startup to pay its creators on time, in order to not lose credibility. But on the other hand, the payment schedules of clients is different.

In order to overcome the challenges, Mad Influence conducted workshops across Delhi for influencers, teaching them how to create content, monetise and grow.

The team also replicated this initiative in other cities like Mumbai and Chandigarh. It help influencers with content production, which enables speeding up the entire process of influencer marketing.

Regarding the imbalance in Cash flows, the team figured out a financial cycle set up with each customer and made sure that the mutual agreement is relied upon at all times. It has solved a lot of cash flow cycles compared to the previous ones.

Mad Influence- Name, Tagline and Logo

Mad Influence is all about bringing the digital influencers to come together and create immersive content to engage with their audience and upsell. To achieve this, Mad Influence is created as a community, where the members are passionate and Mad about Influencing, Mad about creating, Mad about everything they do. Hence the name Mad Influence.

MAD is not a word, it’s emotion here – the Mad Influence founder, Gautam Madhavan says

Mad Influence Marketing Agency – Be the Brand

Mad Influence’s tagline is ‘Be the Brand’

As we cater to the digital community who are normal human beings and not real time celebs , we want them to become a brand first and then Influence later. This makes us work harder to make every associated creator with us to build a self sustaining brand for himself or herself – Gautam quotes speaking about the idea behind the tagline.

As far as the logo is concerned, the MAD is designed in such a way that M looks like a magnet and the Influence that’s written beneath that means that MAD attracts Influence.

Mad Influence Logo

Mad Influence – Revenue

With initial investment of Rs.1 Lakh , Mad Influence started as an influencer marketing startup in 2018. Currently, its revenue is over 50 lakh per month

The platform recently won a place in the Top 100 Marketing Startups in Asia at MadCon Dubai.

Mad Influence – User Acquisition

What helped the Mad Influence team best regarding user acquisition and retention is their approach to clients. They take their client’s projects personally like it’s their own brand. This helps the brand to open up with them more genuinely. Proper understanding of the client’s needs helps them serve the clients in the best possible way.

Mad Influence- Growth

Today, Mad Influence is working with almost all the leading Music Labels and Movie Production houses of Bollywood and Pollywood and soon they plan to collaborate down south.

In terms of brands, they are already catering to the Fortune 500 brands like Puma, Idea Cellular, Colgate, etc and also the upcoming startups in India like Oyo Rooms, Club Factory, Alibaba.com, etc and soon would be planning to build sustainable yet affordable solutions for every brand that enters India. Mad Influence is the official agency Partner of TikTok in India. Mad influence is also the official influencer partner of T-Series, which owns a 90% market share in Bollywood music.

Mad Influence – Future Plans

With growing advent in technology, the startup is on a verge to build various Internet Products in field of AR (Augmented Reality), VR(Virtual Reality) and AI(Artificial Intelligence) to support business. An automated dashboard is being built for influencers and brands, This will help them make the process more sophisticated and reliable.

Mad Influence – FAQs

What is Mad Influence?

Mad Influence is one of the best Influencer Marketing agencies in India. It helps you build your brand by connecting brands to influencers across various social media platforms.

Who is the Founder of Mad Influence?

Gautam Madhavan is the founder of Mad Influence.

What is the tagline of Mad Influence?

Mad Influence’s tagline is – “Be the Brand”.

What is Influencer Marketing?

Influencer marketing involves a brand collaborating with an online influencer to market one of its products or services. Influencers have specialized knowledge & insight into a subject. Their pre-existing presence in a niche helps brands to connect with their prospective/existing customers.

What does Mad Influence offer?

This platform connects brands to influencers across various social media platforms so that brands can find the best influencers for attracting customers. Mad Influence is among the top 10 influencer marketing agencies in India.

Who is an influencer?

An influencer is the people who have the power to influence the audience and customers by their established reputation and expert-level knowledge in their field.

June 22, 2021

Longenesis raises $1.2 million seed round by a group of business angels led by Rustam Gilfanov

Longenesis announces a late seed round for the amount of $1.2 million led by Rustam Gilfanov. Ilya Suharenko, a private investor and one of the LongeVC’s Managing Partners also participated in the round bringing his 17 years of experience in traditional banking.

Longenesis is developing tools to expedite biomedical research digitization. Its primary goal is to increase patient engagement and trust in research organizations and study sponsors, as well as enable clinical sites and patient advocacy groups to compliantly expose their patients and data for biomedical research.

Medical data is sensitive and confidential, which presents challenges for researchers who require large and detailed datasets. By introducing digitalization and consent-enabled showcasing of biomedical assets, as well as emphasizing patient-centricity, Longenesis will contribute to cost reduction and acceleration of biomedical research.

The proceeds will be used to expand the Longenesis presence in key markets and scale the deployment of its core products. Longenesis services revolve around three distinct products:

Longenesis Curator

Curator enables research institutions such as hospitals or biobanks to publish anonymized patient datasets and benefit from collaboration from interested third parties.

Patient confidentiality is ensured because the data does not contain any personally identifiable information. However, the enhanced presentation and accessibility of the data enable third parties to quickly determine whether it is relevant to their research projects accelerating what was previously a difficult, slow, costly, and tedious process. This expands the research potential of personal data while preserving privacy and adhering to regional regulatory requirements.

Additionally, researchers from universities, government agencies, and artificial intelligence companies can use the data for advanced analyses.

Longenesis Themis

Themis is an API-based consent management tool for patients enrolled in medical studies and clinical trials. This ensures complete patient-centricity and empowers patients to participate actively in research studies and gain a better understanding of their contribution.

“Flexible digital consent enables study participants to exert control over their participation in the study by reading the informed consent document calmly and signing or revoking it at any time. This opportunity strengthens public trust in researchers and science in general,” Lilian Tzivian, Ph.D., a renowned epidemiologist at the University of Latvia, says.

Longenesis Engage

Engage simplifies the process of onboarding new patients with a single click on the research organization link.

Additionally, Engage enables the management of patient contact information for follow-up questions and consent for their participation in research projects. Moreover, it includes exporting and monitoring tools that enable analysis throughout the medical study.

Longenesis traction

Longenesis has already deployed its solutions with a number of governments, biopharmaceutical companies, and academic consortia in the EU, the Middle East, and Asia providing data curation and patient interaction services.

In addition, the company has recently announced a collaboration with Medtronic. The Medtronic-Longenesis cooperation that also includes diabetic patient organizations will serve as a testbed for digitalizing patient engagement in research and advocacy efforts.

“Advocacy is a critical component of the patient organization’s work, but it has also been a significant struggle in the past. To ensure that patients’ needs and wishes are taken seriously and that their best interests are prioritized, we must maintain an open dialogue with them. Numerous factors obstruct this process, including their varying abilities and the inherent distrust associated with any chronic condition. As a result, we are thrilled to cooperate with Longenesis. We believe that their patient engagement and data curation solutions will provide us with the necessary access to diabetic patients and potential research partners. We hope that the current project is only the beginning,” Indra Stelmane, Ph.D., endocrinologist and the President of the Latvian Diabetes Federation, says.

Supporters of Longenesis

LongeVC is a driving force behind Longenesis. LongeVC is the investment fund that focuses on industrial development, fundraising, and start-up development for biotech companies.

LongeVC’s primary objective is to invest in companies that are pioneering new technologies in the longevity industry. LongeVC’s Managing Partner, Garri Zmudze, noted:

“Compliance with regulatory requirements regarding access to clinical data and patient cohorts will continue to be a critical success factor for any biotech or longevity-focused venture. We believe that Longenesis possesses all of the necessary characteristics to serve as the backbone of compliant biomedical data utilization in the coming years.”

Rustam Gilfanov, a business angel and Venture Partner of LongeVC, who led the investment round, commented on the role of digitization in biotechnology and medical research:

“Biotechnology is advancing rapidly today, intending to digitize processes that were previously entirely dependent on humans and excessively manual. Recent breakthroughs in AI-driven drug discovery are an excellent illustration of this, with many more to come. Digitalization, transparency, and compliance in biomedical data asset access are critical for the replication and scaling of such innovations. The fund seeks to develop such businesses. This is the way we will live in the future.”

June 22, 2021

EnrichVideo (Amigobulls) – Helping Businesses Drive Growth

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 EnrichVideo (Amigobulls).

Organizations can utilize big data analytics to leverage their data and find new opportunities. As a result, smarter business decisions, more effective operations, higher profits, and happier consumers are the result. Big Data is used by businesses to improve their marketing efforts and techniques.

Amigobulls uses big data tools to expedite the fundamental research of hundreds of equities. The company uses an in-house built video platform to give the viewer an easy-to-understand analysis in the form of videography. This video platform was named EnrichVideo and later, Amigobulls slowly shifted its brand towards it.

As of 2018, Amigobulls has been rebranded to EnrichVideo.

EnrichVideo – Company Highlights

Startup Name	EnrichVideo
Headquarters	California, U.S.
Industry	Investment Banking, Fintech
Founders	Poorna Nayak, Mandeep Makkar and Chandu Sohoni
Founded	Amigobulls – 2013-2018, EnrichVideo 2018-present
Areas Served	Worldwide
Formerly Known as	Amigobulls
Website	www.enrichvideo.com

EnrichVideo – Latest News
About EnrichVideo and How it Works?
EnrichVideo – Name, Logo and Tagline
EnrichVideo – Founders and History
EnrichVideo – Mission and Vision
EnrichVideo – Business Model
EnrichVideo – Revenue and Growth
EnrichVideo – Funding and Investors
EnrichVideo – Competitors
EnrichVideo – Future Plans
EnrichVideo – FAQs

EnrichVideo – Latest News

As of July 2019, Amigobulls’ EnrichVideo Platform has received the ISO 27001:2013 certification which is the international standard outlining the best practices for information security management systems.

About EnrichVideo and How it Works?

Amigobulls used to employ big data analytics to provide individual investors with in-depth insights into a company’s financial and stock price performance, allowing them to make more informed investment decisions. On amigobulls.com which now redirects you to EnrichVideo.com, investors may get technological stock analyses, as well as thorough articles, videos, and discussion boards. This is very beneficial for bloggers.

The founders, who are specialists in technology and finance, bring together successful start-up expertise from a variety of industries, including technology, media, and telecom. It says that each stock is evaluated using a rigorous list of 56 check points, followed by a review by their finance and technology specialists.

Experts at the firm use the most up-to-date big-data techniques to give you the most up-to-date information and analysis on the technology sector. It thinks that any investor interested in technology stocks should have access to high-quality, impartial news and analysis videos.

Amigobulls Inc, a personalized video platform provider, has built EnrichVideo Platform for Hexagon Wealth, a renowned wealth management firm in Bangalore. Hexagon Wealth is the first wealth management firm in India to provide personalized movies as portfolio statements to all of its clients.

EnrichVideo – Name, Logo and Tagline

EnrichVideo ‘s company description says, “We Help Businesses Drive Growth Through Personalized Videos!”

Enrichvideo Company Logo

EnrichVideo – Founders and History

Poorna Nayak together with CEO Chandu Sohoni and Mandeep Makkar, co-founded Amigobulls which is now known as EnrichVideo. Mandeep Makkar has since left their post after the rebranding.

Amigobulls was founded in mid-2013 by investment and technology specialists with a clear goal of serving US retail stock market participants. The company is developing a YouTube-style platform where analysts and amateurs may post their own stock research videos.

Amigobulls’ three founders worked previously with each other at NewsHunt (now remaned DailyHunt), India’s leading mobile news application, and have decades of expertise in a variety of startups and multinational corporations.

Chandu is a successful entrepreneur who has founded profitable telecom, media, and mobile technology companies. He is a technician with a passion for the stock market, with years of expertise and skills in building profitable businesses. Chandu is a seasoned investor who keeps a close eye on the financial markets in the United States and actively invests in them. He was the creator and Chief executive Officer of NewsHunt (now DailyHunt), a mobile news media startup, prior to founding Amigobulls.

Poorna is in charge of marketing and customer service. She was an early part of the NewsHunt team, India’s leading mobile news app with millions of active users, prior to joining Amigobulls. Poorna offers unique expertise in product design and digital marketing to help build a successful digital client engagement platform, has been a major member of the NewsHunt team.

“It is a unique combination of high quality financial analysis provided using big data and video technologies. Our current focus is on analyzing US technology stocks but the patent pending technology allows us to expand beyond tech-stocks and also beyond North American markets. New age investors have no time to read long analysis reports and have a clear preference for multimedia content. Amigobulls provides media rich stock analysis with actionable insights. After initial struggles in understanding US consumer behavior the team came up with many innovative ideas including the presentation of financial analysis in short video format. We also enabled financial analysts to create video blogs using our charts and videos. After these initiatives were launched in early 2015, user traction has significantly increased with the monthly active unique user base about to reach 100,000,” said CEO & Founder of EnrichVideo, Chandu Sohoni.

EnrichVideo – Mission and Vision

EnrichVideo’s mission statement says, “We help banks and wealth management firms connect with their clients one on one with personalized and interactive video experiences.”

EnrichVideo – Business Model

Through a patent-pending video generating system, EnrichVideo provides financial advice and news to stock market investors in the United States. The company has applied for a patent for a technology that allows anybody to produce and submit movies regarding stocks. For bloggers, this is very useful.

The Amigobulls Business Model changed to make it feel more personal. Using typical digital techniques such as a client site, smartphone app, or chatbot renders the experience impersonal and lifeless. That is why EnrichVideo was created: to restore the human touch to your digital client communication.

Wealth managers may communicate with their clients on a regular basis and collect feedback from them using EnrichVideo without being intrusive or overbearing. It assists people in identifying dissatisfied customers long before they start transferring their assets to competitors. The firm also assists people in upselling to their satisfied customers.

EnrichVideo – Revenue and Growth

The EnrichVideo annual revenue is $5 Million in quarter 2 of 2021. It used to be $7 Million in FY21.

EnrichVideo – Funding and Investors

EnrichVideo has not raised any funding till date but Amigobulls funding is as follows:

Date	Round	Amount	Lead Investors
Sep 22, 2015	Seed Round	–	–

Investor Name	Lead Investor	Funding Round	Partners
Vijay Anand	–	Seed Round	–
Sharad Sharma	No	Seed Round	–
Lets Venture	–	Seed Round	–

EnrichVideo – Competitors

Heckyl, Cogencis, Lets Talk Payments, Golden Hills Capital, Biorx Venture Advisors, Tickerplant, RavenPack International S.L., and Vermillion Engineered are among EnrichVideo’s key competitors.

EnrichVideo – Future Plans

Wealth management businesses, banks, and brokerages use Amigobulls’ EnrichVideo Platform to provide tailored, interactive video summaries as part of their portfolio statements. EnrichVideo’s clientele includes some of the world’s top asset management organizations, such as IIFL Wealth Management.

“At Amigobulls, we believe that good design can simplify finance and enhance client engagement. We now offer our customers video statements that look real and beautiful. Our natural looking videos are overlaid with meaningful text and charts to create video statements that wow HNI clients,” said Amigobulls CEO Chandu Sohoni.

Data security and business continuity were two of the ISO certification’s main focus areas. Amigobulls underwent extensive testing and a comprehensive technical and procedural examination by a third-party auditor to ensure conformity with the ISO standard. Customers of Amigobulls may rest assured that their data is always safeguarded in accordance with these standards thanks to this accreditation. And all of these safety precautions have been transferred so EnrichVideo as well.

“Security has always been a top priority for Amigobulls as we deal with financial data and information. Leveraging the ISO framework for continuous review and implementation of our Information Security management controls, provides our customers the assurance and the confidence in our ability to handle sensitive information,” Chandu further added.

EnrichVideo – FAQs

Where are Amigobulls’ headquarters?

Amigobulls’ headquarters are in 3260 Hillview Ave, Stanford Research Park, Palo Alto, California, 94304, United States.

What is Amigobulls’ industry?

Amigobulls is in the industry of: Investment Banking and Fintech.

Who are Amigobulls’ main competitors?

Heckyl, Cogencis, Lets Talk Payments, Golden Hills Capital, Biorx Venture Advisors, Tickerplant, RavenPack International S.L., and Vermillion Engineered are among Amigobulls’ key competitors.

What is Amigobulls’ Revenue?

Amigobulls’ revenue is $5 Million.

Is Amigobulls and EnrichVideo the same?

Yes, Amigobulls was rebranded to Enrichvideo in 2018.

June 21, 2021

What is Larry Page doing these days? – All startups Larry Page is working on

Larry Page is one of the world’s richest men and is well known for his company Google. Larry Page was the co-founder of Google and established the company in the year 1998. But few of us actually know about different startups that Larry Page is working on. In this article let’s look at those startups.

Larry Page Air Taxi Startup – Latest News
Who is Larry Page?
Startups Larry Page is working on
FAQ

Larry Page Air Taxi Startup – Latest News

The Air Taxi startup of Larry Page named Kitty Hawk has reported that it was making moves to the M&A space and conveyed that it has acquired 3D Robotics. The acquired company was once said to be a rival of the Chinese company DJI which is well known for the manufacturing of Drones.

The profile of Kitty Hawk has mostly been to operate in Stealth and revealed that they were working on developing remote piloted vehicles. These vehicles are expected to be electric and have also been testing and exploring vertical landing and takeoff.

The acquired company 3D robotics’ CEO and co-founder who is the formed Wired magazine editor is expected to join as a COO of Kitty Hawk who would be reporting to the CEO of the company Sebastian Thurn who is also the founder of Google X and helped in building Udacity.

Who is Larry Page?

Larry Page is well known to everyone as the co-founder of Google and the company was founded in the year 1998. Larry Page was the CEO of Google since 2001 and later it was continued by the co-founder of Google Eric Schmidt. In the year 2015, he co-founded Alphabet and made it the Parent company of Google.

Startups Larry Page is working on

Kitty Hawk

Larry Page had founded Kitty Hawk in the year 2015 after making Alphabet the parent company of Google and kept Kitty Hawk away from the company. The company had launched a personal electric aircraft called flyer in the year 2017.

The company had worked and evolved the concept of a flyer and in the year 2018, the company revealed a product Cora which was a joint venture with Boeing. But it was found that in the recent years the company had stopped concentrating on a flyer and had also laid off some employees.

The company however had come up with another aircraft called Heaviside which is more traditional in looks when compared to the startups that develop aircrafts. The team Kitty Hawk is working currently on making the aircraft fully autonomous.

Planetary Resources

Planetary resources are a space mining company that was launched by Larry Page and the founder of Braintree Bryan Johnson. It is a US based company that was established in the year 2009 which was later reorganized and renamed in the year 2012.

The main aim or goal of the company is to expand the natural resource base of the Earth by developing and deploying the technologies for mining asteroids. The company in the year 2018 had launched Arkyd-6 CubeSat which holds and technology that is experimental to detect the resources for water in the space.

The company has faced a lot of skepticism and ridicule against the idea of mining of space as the costs of the company are expected to be much more larger than what they can obtain from the mining of Asteroids.

Opener

The Opener is again a personal aviation company that was founded in the year 1996 by a Canadian Engineer Marcus Leng. The idea of personal aviation had fascinated Leng and he flew his first proof of the concept of eVTOL aircraft in the year 2011.

The major project of the company is Blackfly and the objective is to fly a capable vehicle which is a dream of futurists to efficiently move passengers from A to B. Opener has conveyed that they are working towards realizing this dream.

The vehicle is expected to consume lesser energy compared to an Electric Car and also lesser noise compared to cars and motorcycles. It is a fully electric vehicle with a Vertical takeoff and landing. Larry Page has been an investor in the company and the startup is backed by him.

Conclusion

However, in the year 2019, Larry Page stepped down as the CEO of Alphabet but still remains as a board member of the company and has a controlling stake in the company. The above mentioned startups are some of the lesser known startups Larry page is working on.

FAQ

Why did Larry Page leave Google?

As the company faced a series of antitrust investigations and mounting employee unrest, its two cofounders, Larry Page and Sergey Brin stepped down in 2019 from their leadership roles at the company.

What is Larry Page’s net worth?

The net worth of Larry Page is 10,560 crores USD (2021).

Is Larry Page a billionaire?

Larry page built a significant amount of wealth while creating Google. According to Bloomberg Billionaires Index, as of April 10, 2021, Page has a net worth of approximately $103.7 billion, making him the 6th-wealthiest person in the world.

June 21, 2021

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Juicy Chemistry – Latest News

Juicy Chemistry – About and How it Works

Juicy Chemistry – Target Market Size

Juicy Chemistry – How it started?

Juicy Chemistry – Products/Services

Juicy Chemistry – Founders/Owners and Team

Juicy Chemistry – Name, Tagline and Logo

Juicy Chemistry – Business Model and Revenue Model

Juicy Chemistry – Startup Launch

Juicy Chemistry – User Acquisition and Growth

Juicy Chemistry – Revenue

Juicy Chemistry – Startup Challenges

Juicy Chemistry – Funding and Investors

Juicy Chemistry – Advisors and Mentors

Juicy Chemistry – Recognition/Achievements

Juicy Chemistry – Future Plans

Juicy Chemistry – FAQs

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Is Juicy Chemistry Indian Brand?

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How much is the revenue of Juicy Chemistry?

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Moneyfront – About

Moneyfront – Founders and Team

Moneyfront – History and Launch

Moneyfront – Business Model and Revenue Model

Moneyfront – Funding and Investors

Moneyfront – Tools Used

Moneyfront – Startup Challenges

Moneyfront – Future Plans

Moneyfront – FAQs

What is Moneyfront?

Who are the Founders of Moneyfront?

How does Moneyfront earn money?

Who is the Parent Company of Moneyfront?

Tip 1: Know The Business Needs

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Tip 3: Understand What Is An Unsecured Business Loan

Tip 4: Compare Unsecured Business Loan Providers

Tip 5: Plan On Repaying The Small Business Loan

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Why does Samsung manufacture in India?

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Paykun – About

Paykun – Target Market

Paykun – Founders/Owners

How was Paykun Started?

Paykun – Name, Tagline and Logo

Paykun – Competitors

Paykun – Startup Challenges

Paykun – Funding

Paykun – Startup Launch and Growth

Paykun – Future Plans

Paykun – FAQs

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Mad Influence Highlights

Mad Influence – About and How it Works

Mad Influence – Founder and Team

How was Mad Influence Started

Mad Influence – Startup Challenges