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 Doctor Insta.
We are often left in awe as to how digitization has changed the way we live and carry out our daily work. We no longer have to wait in lines to watch a movie, thanks to online ticket booking applications. We don’t have to call a hundred service providers like carpenters and painters to avail their services. That all is available now at just one click, thanks to the online portals.
Similarly, now we have online doctor consultation available 24×7 accessible anytime anywhere. To step up the game and make it available to more and more people in the country, Amit Manjul launched Doctor Insta in 2015.
Read on to know more about the Doctor Insta Company Profile, Founders, Business Model, Funding, Investors and Growth.
Doctor Insta is a “Video-Medicine” platform that provides online consultation in general medicine, pediatrics, psychology, and nutrition. This venture aims to bridge the consultation gap between doctors and patients, by putting a digital channel in place. Through the videos on the portal, the audience is able to audio-visually be connected to the doctors and specialists and avail treatment advice from the specialists within just 15-30 minutes.
This platform provides instant access to the healthcare professionals 24×7 via voice and video calls and also the chatfeature that it has on its application. Besides consultation, it also provides home delivery of medicines and laboratory and diagnostic test reports, which are shared over email.
Doctor Insta Logo
Doctor Insta as of today has more than 100 doctors on its platform, with business-to-business-to-consumer (B2B2C) vertical. With this vertical, the employers pay fixed monthly retainership fees for their employees to access all the services on the Doctor Insta application. This B2B2C vertical covers more than 2,00,000 employees and their families.
Doctor Insta – Founder and Team
Amit Munjal is the founder and CEO of Doctor Insta.
Amit Munjal – Founder and CEO of Doctor Insta
He is a Harvard graduate and a CFA. Amit has worked with quite a few renowned companies like Deloitte, Bank of America Merrill Lynch, Citi bank, and is also the founder and CEO at Brahmax Ventures.
Doctor Insta – How did it start?
In case you’re wondering how an innovative concept like this originally germinated? This is how Doctor Insta started. There was this one time when Amit sprained his ankle and was forced to use a telemedicine app in the States. And surprisingly, he was quite impressed by the experience.
“It helped me access a doctor from the convenience of my residence—saving time and money,” said Amit Munjal, CEO of Doctor Insta.
This very incident inspired this smart, spectacular and very talented young man to start something very similar in India too. Telemedicine has been a very popular concept in the West for a very long time. And the surging and exponential growth in India’s digital economy offered a promising opportunity for on-demand preventive and curative healthcare at one’s doorstep.
Also, India has a poor availability of doctors, so essentially addressing health concerns remotely has been a massive need in the country for a very long time. Besides, there’s also the daunting low doctor-to-people ratio in India, because most qualified and skilled doctors are usually available only in the tier-I cities. For people residing in tier- II and tier- III cities, access to quality healthcare is still a distant dream.
This social need and the budding business opportunity with it inspired the founder Amit Munjal to launch Doctor Insta in 2015.
Doctor Insta Story
Doctor Insta – Business Model and Revenue Model
The Doctor Insta business model has unique B2C and B2B2C Models for Patients and Employers with Gross Margin as high as 70%. It provides access to quality healthcare professionals 24×7. This service is provided through voice and video calls and with the chat feature in its application.
The consultation on this application can be availed of on a pay-as-you-go basis, for which the charge is INR 440 per consultation, or the user also has the choice of taking an annual subscription for which the charge is INR 2,500. The subscription package at Doctor Insta comes with a free 30-day trial period. Also, the user can add up to three dependents in the plan at zilch cost on this application.
“Though major illnesses need to be addressed physically, certain health issues—medicines, gynecology, diet, and nutrition-related issues, among others— can be easily addressed remotely,” said Amit Munjal, founder of Doctor Insta.
Doctor Insta – Competitors
As discussed in the beginning, digitization is upscaling the market big time, and due to that, a lot of other healthcare platforms have come to offer application-based healthcare to the masses.
Top competitors of Doctor Insta are Practo, Medikoe, Cure, DocPlexus, Pluss, MeraDoctor, Portea amongst many more players in the segment. With the reports of soaring opportunities in this segment, Doctor Insta and other startups in the space will be exposed to a plethora of opportunities ahead.
Doctor Insta has raised a total of $7 Million in funding over 3 rounds. Their latest funding was raised on Oct 4, 2017 from a Series B round.
Here is a list of all the funding rounds of Doctor Insta:
Date
Stage
Amount
Investors
December 2015
Seed Round
$500K
BrahmaX Ventures
August 2016
Series A
$2.5 million
BrahmaX Ventures, RoundGlass Partners
October 2017
Series B
$4 million
BrahmaX Ventures
Doctor Insta – Growth and Revenue
Doctor Insta had around INR 6 crorerevenue in 2017-18
Doctor Insta conducts more than 4,000 consultations a day
Currently running its services at a pan-India level
Collaborated with more than 150 companies such as American Express, SRF, Channel Play, Videocon, Muthoot Finance, etc.
The company today has over 500K application installations
More than 1 million users are using Doctor Insta
Doctor Insta – Future Plans
“There are about one million allopathic doctors in India conducting about 50 million consultations every day. In two years, we want to acquire 2% of this market—one million consultations a day by 2020. The growth prospects are huge,” says Amit Munjal, founder and CEO of Doctor Insta.
Doctor Insta is a “Video-Medicine” platform that provides online consultation in general medicine, pediatrics, psychology, and nutrition. This venture aims to bridge the consultation gap between doctors and patients, by putting a digital channel in place
How does Doctor Insta make money?
It has B2C and B2B2C Models for Patients and Employers with Gross Margin as high as 70%. The consultation on this app can be availed of on a pay-as-you-go basis, for which the charge is INR 440 per consultation, or the user also has the choice of taking an annual subscription for which the charge is INR 2,500.
Who is the Founder of Doctor Insta?
Amit Munjal is the founder and CEO of Doctor Insta.
How much Funding has Doctor Insta raised?
Doctor Insta has raised a total of $7Million in funding over 3 rounds. Their latest funding was raised on Oct 4, 2017 from a Series B round for $4 Million led by BrahmaX Ventures.
Who are the competitors of Doctor Insta?
Practo, Medikoe, Cure, DocPlexus, Pluss, MeraDoctor, Portea amongst many more players in the segment.
How much is the revenue of Doctor Insta?
Doctor Insta had around INR 6 crorerevenue in 2017-18.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
Technology has driven a big change in today’s world. Everything is digitized today. Nowadays the mornings get started with the help of mobile phones and also the day ends with the same gadget. Electronic gadgets and the technology together, have made ‘Work from home’ possible. Can’t we take a moment from our precious life and thank technology?
Capgemini is such a company that provides technology, professional, consulting and outsourcing services. It is a French multinational corporation headquartered in Paris. It has got more than 270,000 employees in over 50 countries of the world. Read the Capgemini success story below to know more.
Capgemini provides digital transformation services. It has sprinkled opportunities in the world of cloud and digital platforms. It has also enabled organizations to understand business intentions through an array of services from technique to operations. Its consulting services have got various segments within it.
Capgemini – History
Serge Kampf in 1967 founded Capgemini as a data processing and enterprise management company. In 1996 the company brought its new logo to existence. In 2000, Ernst & Young Consulting was acquired by Capgemini. Previously, it was Cap Gemini. In 2017 it turned from Cap Gemini S.A. to Capgemini SE.
Capgemini – Founder And Team
Serge Kampf, Founder, Capgemini
Serge Kampf is the founder and builder of the company which is now one of the leading IT services companies. He was also the Vice-Chairman of the company. He was born in 1934 and died in 2016. He was a Frenchman.
Aiman Ezzat is the current CEO of Capgemini. He is 59 years old. Before joining Capgemini he was the Managing Director of International Operations at a technology and global business company with responsibilities of Eurasia. In 2017, he was named as the ‘Best European CFO’ for the software and technology category.
Capgemini – Tagline, Slogan And Logo
Capgemini Logo
The tagline of the company got launched in 2010. ‘People matter, results count‘ is the slogan of the company. It tells us that the technology company is nothing without the people working behind it.
Operating and designing models are the multidimensional challenges of the company. It designs complex ecosystems into flexible organizations that can respond quickly to developments and achieve strategic objectives. The main approach is to remove barriers for better performance. There are 5 elements which interact seamlessly in a digital setting to support the entire technique to create an effective corporation. The elements are –
The company charges fees to its clients for its selection of services. Charges vary by type of projects and individual clients. The revenue structure is value-driven which aims at providing a premium proposition through crucial personal service. Its services are costly which is the biggest cost driver. Capgemini is one of the world’s largest consulting firms with revenue of €11.9 billion which was raised in 2015.
Capgemini – Investments And Acquisitions
Investments
Capgemini has made a single investment till date.
Date
Organization Name
Transaction Name
Money Raised
October 8, 2018
Azqore
Funding Round
–
Acquisitions
Capgemini has acquired 42 organizations. Let’s look at some acquisitions below –
Date
Acquiree Name
Price
November 10, 2020
RXP Services
A$95.5 million
March 26, 2020
WhiteSky Labs
–
June 24, 2019
Altran
$5.68 billion
October 9, 2018
DOING
–
June 7, 2018
Leidos Cyber
–
February 5, 2018
LiquidHub
–
September 20, 2017
Lynos Consulting Group
–
March 23, 2017
ITELIOS SAS
–
February 16, 2017
Idean
–
February 16, 2017
TCube Solutions
–
Capgemini – Growth
Recent reports say that the company had plans to reach revenue growth at rates between 12.5% and 14.0% in 2020.
‘We set objectives for 2020 that illustrate the resilience of our revenues, profitability and organic free cash flow,’ said Aiman Ezzat in his statement.
Geographic diversification of the client base has developed a lot in the past years which have strengthened the stability of the business. The entire group always stays aware of a deterioration in the financial environment which could weaken the attainment of its objectives.
The top competitors of the company are IBM, Accenture and DXC.
IBM is Capgemini’s top competitor. It was founded in 1911 and was headquartered in Armonk, New York. This company operates in the IT Services industry. It has got more 164,700 employees than Capgemini.
Accenture is also one of the top competitors of Capgemini. It was founded in 1989 and is headquartered at Dublin, County Dublin. It works within the IT Consulting sector. The company generates 256% of the revenue of Capgemini.
DXC is one of the biggest rivals of Capgemini. It is a public company headquartered in Tyson, Virginia. It was founded in 2017. It operates in the IT Services industry. The company has got 81,100 fewer employees than Capgemini.
Capgemini – Future Plans
The most recent plan of Capgemini is to set up 2 labs – one in Paris and the other one in Mumbai to find a solution for 5G technologies. The main goal is to catch arising chances in telecom. It has hired Airtel’s Monica Gupta as the Vice President to drive its communication technologies and 5G business in India. Capgemini has also hired Maneesh Pant as Vice President of EUC (Energy, Utilities and Chemicals).
Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 270,000 team members in nearly 50 countries. With its strong 50 year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2020 global revenues of €16 billion.
The term “FinTech” is the combination of finance and technology and is referred to the provision of new solutions in the field of finance by IT venture companies. New business models are being created one after another, particularly in the area of B to C services using the Internet. The major difference between these new businesses and traditional finance companies is their thought regarding IT investment.
The use of information technology is generating dramatic changes in financial services making it more easier and efficient to use. Payment services were previously having the players like banks and credit card companies, but now variety of new players have entered the field making it more easier and beneficial for the people of the country. Correspondingly, UPI payments impacted FinTech Industry.
One of the reasons why UPI services has been adopted globally with trust. When you use UPI to pay for things, card information is not shared with merchants, meaning that even if the merchants are hacked, people using UPI payments are safe from leaking information.
Another reason why UPI payments is revolutionizing the Fintech Industry is its hassle free approach to pay and register. All that is required to validate your UPI is simply an authentication of your Aadhar card, your finger prints are scanned and your mobile phone number is verified.
The Indian society have a strong fear of fraud, both in physical retail and online. Although governmental interventions to use digital transfer modes for payments had taken place in India, it is still a very cash-based society. If we take a look at credit card usage, which is a basic form of digital payments, adoption of such payment services are low in the states of India as compared to the US, UK, Japan or South Korea. Building trust in digital payments services is the key.
The take-up of digital payments or any other FinTech services will be about how the FinTech industry can provide customers with comfort and trust, enabling them to feel safe and secure using the service. The use of mobile is already driving the biggest change in financial services history. Mobile is considered as the fastest mass adoption of a technology in history than any other technology. There are already 7.2 billion mobile devices today. With UPI payment services, mobile was only 1% of all transactions in 2010, it is now above 45% in 2019.
CEO of National Institution for Transforming India (NITI), Amitabh Kant in an interview had said that Fintech market in India is likely to expand to $31 billion in 2020 and this owes largely to the use of UPI payments. This is mostly because India is the only country in the world with over a billion mobile connections and bio-metrics, provides an enough scope and opportunity for penetration of fintech technology.
Indian FinTech market is estimated to jump to $140 billion in 2023 and by 2025, Fintech industry valuation is estimated at $150-160 billion.
UPI has made payments easier: Gone are the days, when people used to carry huge bundle of cashes as they traveled or visited a restaurant. With the introduction of UPI payments, it is now become an easier and more secure while travelling.
UPI has made the buying and selling easier through e-commerce: UPI has made the buying and selling through fintech app solution, easier for the e-commerce companies. When a diverse range of devices are connected via the Internet of Things (IoT), it possible to obtain historical data concerning peoples’ daily activities. Using these life-logs, the e-commerce platforms are able to analyse patterns of regular and illicit activity, increasing their ability to detect illicit activity.
Enhancing trust for both customers and businesses: UPI payments has initiated and created a trust between the buyers and sellers. This is due to the privacy that is maintained within the system. UPI transactions are always payer initiated and demands the approval of the payer by an OTP. This is focused on person-to-person (P2P) transfers.
Payments via UPI are extremely quick: Another noteworthy feature of the UPI that has created a huge demand for it in the Fintech industry is that the payments or transactions are done extremely swift. There is no lag and delay which helps in the smooth flow of business.
With UPI you can directly link your account to the BANK and there is no need for virtual wallets: There are many virtual wallet companies like Paypal, PayTM, Mobikwik etc, which requires you to put some money within the virtual wallet, but with the use of UPI payment you can directly use the money from your savings account.
You may also keep a record of your bank transactions through UPI: UPI also enables you to keep a record of the withdrawals and deposits, this saves time for people who would have otherwise visited the bank to update their passbooks. This creates a major benefit for the elderly people who do not need to visit banks and they can transfer whatever amounts they want through an application.
UPI in the last two years has made another innovation where you can request credit through your overdraft (OD) account. This latest value addition eliminates the risk of fraud credit card calls and the risk assessment involved through traditional credit facilities from banks. Thus we can rightly say that a culture of innovation and entrepreneurship has emerged with the use of UPI in the Fintech Industry and we could not have been more proud. It Revolutionised the idea of daily payments and also improvised on the security of transfers.
FAQs
What is UPI full form?
UPI’s full form is Unified Payments Interface.
What is UPI in banking?
Unified Payments Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI).
What is a FinTech industry?
FinTech stands for Financial technology. FinTech is an economic industry that includes companies that use technology to make financial services quick and efficient.
What is UPI Technology?
UPI is a unified interface of NPCI that merges various banking services and wallets payment and other features under one payment system. One UPI ID and a pin are generated. A UPI ID and Pin are used to send and receive money and real-time bank-to-bank payments can be made.
For many B2B SaaS businesses, LinkedIn is the place to be. If your product is used by enterprises, mid-market companies or even entrepreneurs or consultants, it’s very likely that your ideal customer is a regular user of LinkedIn. LinkedIn generates over 80% of B2B leads on social media. Moreover, 91% of executives consider LinkedIn a top platform for relevant and quality content as well as for B2B marketing and B2B sales opportunities.
The reason LinkedIn works so well for B2B SaaS companies is because you’re not guessing who’s on the other end seeing your ads. The ability to see the industries, companies, and job titles of your audience is a huge advantage in the B2B space. At times you might be paying triple the price, but you’re also likely to be much more confident that the right person is seeing your ad.
LinkedIn
What is key for generating your B2B leads on social media is to be active. Spending the time to create a LinkedIn profile for your company, and simply letting it stand there on its lonesome, well, is simply time that you have wasted. You need to be active on your social media outlets, or potential leads will be instead noticing your active competitors.
Few Tips to be Active on LinkedIn, and Generate More Leads
You know how you log in and you are notified on how many people have viewed your profile? Click on theirs. They will be notified that you have noticed them. Interest begets interest.
Send a message after viewing their profile. It could be as brief as “Hello, let’s talk about how we can help you.” Whatever you send, you’ve engaged with this potential customer, and thus turned them into a qualified lead.
Use your own personal profile and take advantage of LinkedIn Publishing Platform.
Stay active on LinkedIn
Write content that reflects your awareness and experiences in the B2B industry, and what has made your company successful. Writing tips and tricks for others to apply for their own success is also marketing your company to potential customers.
Using your own personal profile lends a face to your company’s name, and people are much more willing to buy from a person rather than a faceless brand.
Where B2B SaaS Companies go Wrong with LinkedIn Ads
Budgeting: They don’t give LinkedIn ads enough of a budget to be successful.
Targeting: They set up targeting that’s too specific (e.g. targeting a single job title).
Content: They deliver content that doesn’t fit the mindset of their target customers when they’re using LinkedIn.
“The costs of advertising on LinkedIn are too high to make it worth it.” This is a common misconception that companies make from a lack of testing. If you’re in the B2B space and you don’t at least test LinkedIn ads, you can’t know for sure that you’re using the optimal channel to drive leads. You might be missing out on a significant opportunity if LinkedIn is actually a good fit, but you simply don’t know because you’ve made the assumption that it won’t generate a return.
SaaS Companies Need to Keep in Mind with LinkedIn Ads
Budgeting
LinkedIn requires more budget than other platforms to be successful. If you give it the same budget as your Google ads campaigns, you aren’t likely to see the equivalent amount of leads—but don’t assume that this means LinkedIn won’t work for you. When you look at the “bigger picture” of things, you may be getting fewer leads, but they’re generally better-quality leads. Your cost per acquisition at the end of the day can be the same, if not better. This is why evaluating lead quality (not just quantity) is an important factor with LinkedIn advertising.
Targeting
The common mistake with targeting is that companies get too specific. For example, if you decide you want to target landscape designers, you might tell LinkedIn to only show your ad to people with that job title. But what about “landscape architects”? Or “landscaping consultants”? There are so many cases where there is a wide variety of potential job titles that could fall into the category of your target customer.
To cast a wide net, you should give LinkedIn a broad title to work with. This causes LinkedIn to show your ads to a range of job titles or levels of job seniority in a given space. You want to give LinkedIn a direction and a guardrail and see what results come in. Then you can see the job titles, industries, and company names of the LinkedIn users who are actually clicking and converting, and use that data to refine your targeting as you move forward.
Budgeting, Targeting and Content
Content
The piece of content in your ad needs to match the mindset of your target customers when they’re using LinkedIn, who are mostly in a browsing or networking mindset (not a purchasing mindset). B2B marketers who get this wrong fall into the trap of thinking that because this is a professional social media network and people are on there for a business-related purpose, they can get “straight to business” by offering a trial or demo of their SaaS up front.
If your SaaS requires a relatively small investment and you offer a free trial with no credit card, this approach of going straight for the offer can work. But in many cases, especially when your goal is demos and your SaaS require significant investment from a customer, a softer trust-building approach works better.
How to Start a Pay-per-Click campaign on LinkedIn
An excellent way to use LinkedIn ads is to promote your landing pages. By creating targeted ads around the pain points your content solves, you can generate many leads with paid LinkedIn ads, cost effectively. Setting up a LinkedIn advertising campaign is pretty simple. LinkedIn give you tips as you go along, and hold your hand throughout the process.
Pay-per-click campaign
It helps to be able to write great copy, and it’s a great idea to be constantly experimenting with new ad text, different target personas and images to see what works best. Start with a low budget, and increase it as you begin to generate results.
Generally, it’s fairly under used. For high ticket B2B sales, LinkedIn ads should be able to deliver an excellent return on investment. LinkedIn has over 70 million registered users worldwide, of which 50% are business decision makers in their company.
Recommendations to get your Targeting Right
Create content that offers value and messaging that meets the target customer where they’re at (on LinkedIn)
Design and develop a landing page funnel
Set up follow up email automation
Upload current customer data
Upload target account list
Monitoring LinkedIn ad performance and remarketing
Target people who are most likely to use your product (or, in our case, initiate using it in the company).
Add a short-personalized note to each invitation to improve your chances for success.
Ask for a permission to send a link to the survey (or any other favor you want them to do) before you actually do it.
Be ready to do your leads a favor in return (be it testing their product or helping them connect with some of your valuable contacts).
Don’t forget about your existing connections. Start with your established network on LinkedIn before you go looking for new contacts — it usually requires less effort, yet results in a much higher conversion rate.
Conclusion
All in all, LinkedIn has been a very valuable resource in terms of lead generation. Moreover, connecting and communicating with people on LinkedIn not only expands your network and provides you with quite a few leads, but it also gives you priceless feedback that is crucial at the beta stage. So, get on LinkedIn now and start expanding your reach and let us know your experiences in the comments section below.
LinkedIn is a social network that focuses on professional networking and career development. You can use LinkedIn to display your resume, search for jobs, and enhance your professional reputation by posting updates and interacting with other people.
How to convert leads on LinkedIn?
Turn your company page into a lead generation page
Create a Showcase page
Use Advanced Search
Save searches
Search Groups
Start groups
Publish content
How to get business leads on LinkedIn?
Optimize your profile for connecting
Target the decision makers
Follow up with old leads before targeting new ones
In family or in business, every successful relationship involves trust. Trust determines the progress that we make in life. People can lose trust in you as a result of you being negative, self-centered, selfish or even ungrateful. In our daily life, trustworthiness is always evaluated. It increases our credibility. Nowadays every business wants to go digital as it is quicker, more efficient and hassle-free than doing offline business. Doing business online means you are dealing with people you don’t know and have never met before. Therefore, creating a climate of trust with your clients is very crucial to make your online business grow. So, if you are into online business or are planning to foray into the same, here are a few tips that will help you to earn customer trust.
Being straightforward in your business is what will determine its growth. Customers get irritated when they realize you are not transparent with your service or product. For example, they might like the product and in the process they realize later there are some hidden costs in it. Be clear with the terms and conditions, pricing and discounts if any. Credibility is easily lost when you keep fishy deals.
2. Timely response to client’s problems
No one is perfect in this world. And we all know customer relationship is very vital. Products we sell sometimes are faulty even right from the company perspective. Be honest and respond to your client’s problems on time. Sometimes it becomes scary when a customer buys a product and realizes they cannot find you or cannot be assisted in any way.
3. Video charting
Online selling involves dealing with clients around the world. We need to invest in technology where for example videos with customers can be recorded. This will create a platform to attend to customer’s queries and also engage other viewers. In the process of interacting, this could be a way of selling your personality and also such videos with customers will build the credibility of your brand among new and potential customers.
Sometimes we tend to lose focus when we look at the cost of something before doing a cost-benefit analysis. Create dates for questions and answer sessions and let your clients participate. Customers should have an avenue to share with you the pros and cons of your product. This will also help you to improve the quality as per their preference.
5. Remain positive when corrected
We all make mistakes. Sometimes you might publish information that has small mistakes like spelling or others. When customers try to correct you, don’t cover-up. Admit, make necessary changes and move on.
In order to keep trust online, testimonials are one of the key things you should put in place. Ask for consent from customers and include them on the page. Readers will be able to access it. People want to be sure you have worked with other people. Especially B2B companies gain a lot of credibility as a result of this.
7. Business rating
Involve your business in relevant rating groups. This assures customers that your goods meet the minimum standards and are valid and recommendable to use. With business rating, consumers can do marketing for you and get valid feedback. This brings a better understanding of how best you can serve your customers.
StartupTalky User Rating
8. Document a case study
It is very important to carry out an intensive analysis of a product. A case study captures the reality of the product. This will give the clients a picture of how a product helped someone before and how could currently help them. It can also promote ideas and innovation.
Clients would always like to hear if the product they want to use is legally accepted or is insured. Customers also want to know if you are a registered member of any organization/body. This convinces them that your product is right trusted and regulated.
10. Publicity
Without looking at the expense side, you need to get your business to media sources. People highly trust materials publicized. The more people hear about your brand or see your brand, the more they trust in your brand.
Your brand trust relies on what you say to your customers, how you say it, and how you prioritize their needs.
How is brand trust measured?
Brand trust can also be measured by analyzing social media content, by tracking consumer habits, and through internal organizational tracking.
Conclusion
In this online world, we interact with people from various backgrounds and diverse cultures. Hence it is important to remove unnecessary fear and suspicion to earn faith from customers, and the above-listed steps will surely help you in doing so. Know about some other great ways to build customer trust? We will love to hear from you in the comments below!
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
In a developing country like India, citizens are having many developing and small businesses with dreams of growth and success. Payroll and Salary distribution are very important in such small businesses in India. The company has got the best HRMS (Human Resource Management System).
Asanify is a company that is simplifying the above-mentioned problems and providing instant solutions to various small businesses in India. It is engaging the workers with the best Payroll software and HRMS. It is helping in the distribution of salaries and also saving time and helping build businesses. It is also having the best HR Chatbot in the market. Read the Asanify success story below.
Asanify is a Kolkata based company helping small businesses and startups to save costs and enhance revenues. It is having the best payroll software, HRMS and Sales Enablement Engine. The company is also having a good Chatbot. It engages the workers as well as drives greater sales.
Asanify – Startup Story
Small businesses in India and all around the world lose about 25% of their precious time in HR (Human Resource) and payroll operations. Activities such as emailing or creating pay slips consumes a lot of time and energy. So, to save time and energy Asanify was created to simplify human resource management, salary payments and payroll for small businesses. It provides an engaging platform for all employees. The platform allows the employees to download pay slip and apply for leaves directly on WhatsApp. The company got its introductory set of clients from Priyom’s personal connections.
Priyom Sarkar is the founder and the CEO of the company. He is a seasoned consumer. He is also an enterprise technology professional with experience in China, US and Indian markets. He has also got a strong track record of creating and growing digital businesses. He is a graduate from Jadavpur University and he pursued his MBA from the Indian School of Business.
Priyom Sarkar, Founder and CEO, Asanify
Asanify – Business Model
Startup founders are the main targets of the company Asanify. The company tries to find founders who are trying to grow their businesses and are not willing to waste time and energy in non-core operations. The work is to automate processes. Starting from hiring to their exit. The company distributes salaries to the employees in their respective bank accounts.
The company has got a monthly subscription scheme for its clients. Asanify does not require long term contracts. Users can cancel plans anytime. The packages start from INR 99 per employee, per month. The pandemic has helped Asanify a lot in growing its business. It grew by more than 50% during the year 2020.
Asanify has raised a total amount of INR 3.5 million in funding over the 1 funding round.
Date
Transaction Name
Money Raised
Lead Investor
August 14, 2020
Pre Seed Round
INR 3.5 million
–
Asanify is funded by 2 investors. Gaurav Prasad is the most recent investor.
Asanify – Competitors
The top competitors of the company are BambooHR, Rippling, PaychexFlex and Zenefits.
BambooHr is the top competitor of Asanify. It is for small businesses. It offers onboarding tools, integrated payroll, e-signatures and performance management with easy reporting directly through a mobile app for the employees of the company.
Rippling is also one of the competitors of Asanify. It is a very modern system that can onboard new hires in 90 seconds. It can also manage the company’s payroll easily.
Paychex Flex is an online human resource management system. It helps companies to hire, manage, recruit and pay. It is all in one. It allows the founders to pay more attention to the growth of the company.
Zenefits is also an HR platform that helps small companies to empower their workforces.
Asanify – Future Plans
From 2020, remote working has begun and might continue further. Remote working has increased the work hours and productivity of the employees. With the help of technology, employees are now expected to produce more and more result-based performance compared to the earlier days. Training will become more personalized with the help of remote devices. This is the biggest probability that is being seen shortly.
Asanify – FAQ’s
What is Asanify?
Asanify is a company that is simplifying the above-mentioned problems and providing instant solutions to various small businesses in India.
What services does Asanify provide?
It is engaging the workers with the best Payroll software and HRMS. It is helping in the distribution of salaries and also saving time and helping build businesses.
Who is the founder of Asanify?
Priyom Sarkar is the founder and the CEO of the company.
Who are the targeted customers of Asanify?
Startup founders are the main targets of the company Asanify.
Asanify – Conclusion
Asanify – the gamified HR, Payroll and Benefits platform that automates compliances and engages employees for people focused and progressive global companies.
Asanify believes in the principles of AWE-
Asanify or automate
Work is wonderful or fairness & transparency in people decisions
Engage with a delightful interface wherein the entire HR operations can be run directly on a chat based interface such as Whatsapp, Microsoft Teams, Slack, etc.
“City of Dreams”, as many people express Mumbai, is a place that helps bring dreams to reality. Angel Investors are one of the means for you, to help achieve your dreams. Thereby, find the list of Angel Investors in Mumbai and get an insight on their specific Market Interests, Contact details and Major Investments. It is also essential for you to clear certain Myths about Angel Investors. We are here to help you out on all of it.
Mumbai isn’t just the well-off city, but the Economic Hub of India, that has various Industrialists, CEOs, Entrepreneurs, Well-known companies, Directors, Producers, Artists, and what not! The place ‘Mumbai‘ has its own culture and architecture that makes it the spot of tourist attraction. Well, a place that is full of life and energetic minds, requires a guide and a financial supporter to enthusiastic people, for building up the initial base of their dreams. Thus, here comes the Role of Angel Investors who act as wizards for breeding minds to help them act upon their dreams.
Before, moving ahead to get insights on Angel Investors, Lets’ understand the Pre-built Myths about Angel Investors and the Reality Strike.
Myths vs Reality of Angel Investors
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Arihant is the MD at Ideaspring Capital (an early-stage VC) and Hive Technologies (platform for launching startups in big data space). He acts as the MD at Patni Financial Advisor and as a Director of Nirvana Venture Advisors. An Entrepreneur, Financial Advisor, and Venture Capitalist, Arihant completed his B.Sc in Chemical Engineering from the reputable University of Pennsylvania and MBA from Babson College, with concentration in Entrepreneurship. He also did a Masters in Statistics from Columbia University.
Anupam Mittal is the Founder & CEO of People Group, which has created ventures like Shaadi.com, Mauj Mobile, and People pictures. He is one of the prominent angel investors in Mumbai with over 20 investments. He completed his studies in Commerce field from the esteemed Boston College. Before People Group, he served as the Product Manager at MicroStrategy in Washington.
Ratan Tata, one of the most influential business tycoons of India, is an investor & philanthropist. He is the recipient of India’s esteemed awards Padma Vibhushan and Padma Bhushan for his immense contribution to the country. He was associated with advisory boards for various companies like Mitsubishi, Temasek, JP Morgan Chase, and Rolls Royce. He serves as the former Chairman of the Tata Group. He completed his Bachelor of Arts from the esteemed St. Xaviers College, Mumbai.
Markets Interested
Digital Media, Education, Healthcare, Ecommerce, Technology
Anirudh, the MD at Artha India Ventures (an early-stage investment firm) is an energetic investor in startups and also a prominent member of the Indian Angel Network. He has a vast understanding and experience of the Indian Startup Ecosystem. He is always on a hunt to find new ideas and accept new challenges. Before Artha Ventures, he acted as the Investor director at FindUrClass and Klip.in. he obtained his Bachelor Degree in Economics & Business Administration from the esteemed Austin college
Zishaan is a successful entrepreneur and a prominent angel investor. He is the Founder and CEO of Toppr, an online education platform. Before getting associated with Toppr, he also co-founded a Phone commerce marketplace Chaupaati Bazaar, which was later acquired by the Future Group. He has also worked with Opera Solutions on various strategies and consulting projects. Being a graduate from IIT Delhi, in 2015, he was awarded the Young Alumni Achiever Award.
Anand Mahindra, the Chairman of Mahindra group, is a reputable businessman and also an active investor in emerging startups. He founded Project Nanhi Kali, an NGO that provides financial and academic support to underprivileged girls across India. He was included in the Fortune Magazine’s List of ‘World’s 50 Greatest Leaders’. He did his MBA from the reputable, Harvard Business School.
Anand Mahindra’s Investments
Thinkerbell Labs, Local circles, among many others.
Kunal, the Co-founder of FreeCharge (Online mobile recharge platform), is a successful entrepreneur, mentor, and among the top angel investors in Mumbai. He acts as an active advisor at AngelList. He is also the Founder of CRED, Advisor to the board at Times group, and had been an advisor at Sequoia Capital.
Sandeep Tandon, the Co-founder of FreeCharge (Online mobile recharge platform), is an active angel investor in Mumbai. He has invested in and mentored various early-stage startups. Being the Member Board of Directors at CRED, partner at Whiteboard Capital, Non-executive chairman of Aavas Financiers, and the Member of Board of Advisors of Iron Pillar, Sandeep got exposure to various domains. He completed his studies in Engineering from the esteemed University of Southern California.
Markets Interested
Digital Media, Ecommerce, B2B, Online Marketplaces, Matrimonial, Healthcare
Sandeep Tandon’s Investments
Pocket Aces, Bharat Bazaar, ShaadiSaga, Flyrobe, Spinny among many.
Sanjay, the Director of CORE (Centre of Recognition and Excellence), is a prominent angel investor of Mumbai. He was the recipient of the “Angel Investor of the Year” award by LetsVenture in 2017. He is an active member of Indian Angel Network, Mumbai Angels, B2B 1K Ventures & CIO Angel Network, Venture Nursery. He has angel invested in more than 100 startups in diverse sectors. He did his Executive education in Venture Capital from the esteemed The Wharton School.
Ronnie, the Co-founder & Chairman of upGrad and also the Founder of Unilazer Ventures, is an entrepreneur and an experienced angel investor. He is also famous for the creation of UTV, leading Mass media aggregate. He did his Bachelor’s degree from the Sydenham College of Commerce & Economics.
Jitendra, the Founder of Citrus Pay, Jupiter, Lazy pay & MD of PayU India, is a well-experienced angel investor. He has got expertise in the field of Banking & Financial Services industry. Before Citrus, he was associated with ICICi Bank and as the Chief Manager of Global Investment Banking Group.
Vishal, the Founder & CEO of GOQii (platform from health and wellness solution), Vishal Gondal, is an entrepreneur cum angel investor. He has acted as a major contributory in modifying the journey of many startups. Believing in leading and motivating startups to get extraordinary results, Vishal expresses the importance of extra effort & commitment Before, he was associated with the Walt Disney Co. and India Games Ltd.
Haresh, Partner at True North (Private equity firm), is one of the active investors in the Indian startup ecosystem. He is an alumnus of the reputable IIT Bombay & IIM Calcutta. Earlier, he had been associated as a Group CEO at Viacom18 & Network18. He also acted as the General Manager of Times Group & the Amitabh Bachchan Corporation.
Ajeet Khurana, the Former CEO of Zebpay (Mobile wallet for cryptocurrencies), is an entrepreneur and angel investor. He is skilled in building teams, ensuring performance, scaling, digital strategy, planning, and negotiation. He was also associated as an Advisor at Kalaari Capital, a Consultant at ii5 Ventures ltd and as the CEO of IIT Bombay’s business incubator: SINE. He completed his MBA from The University of Texas at Austin.
Markets Interested
Cryptocurrency, E-stores, Fashion, Technology, Digital Media, Healthcare
Ajeet Khurana’s Investments
Medd, WittyFeed, Leaf Wearables, Stitchwood among others
Sanjay, an Operating Partner at GSF India (Venture capital firm & accelerator), is a wise mentor and an active angel investor. His portfolio is majorly composed of tech startups. He also acts as an Independent Director at Easy Home Finance Ltd. Earlier, he served as the President & CMO at Reliance Capital and also as the Marketing Head at Allianz Life Insurance. He excels at negotiations & alliances.
Anuj, the Co-Founder of Venture Catalysts (Start-up Incubator) & Samyakth Capital (Hybrid growth fund), is among the prominent angel investors in Mumbai. He has over 15 years of experience across various fields which includes real estate, financial services, manufacturing, and internet companies. By profession, he is a chartered accountant.
Markets Interested
Digital media, Cryptocurrency, Fintech, Ecommerce, Education, Real Estate
Anuj Golecha’s Investments
LenDenClub, Inc42, Koinex, Fynd, Supr Daily, Bharatpe among many.
Japan, the Co-Founder & Managing Partner at Sixth Sense Ventures, is a well-experienced angel investor. He has mentored and invested in various Indian startups and helped them in their journey of growth & development. He is also the Chartered Member of TiE Mumbai. Earlier, he served as the Director at IDFC Investment Advisors Ltd.
Anand, the CEO at Everest Flavours ltd., is an active member of the Indian angel network and Mumbai angels. He has got immense experience in International Trade.
He is also member of National Executive Committee of FICCI (Federation of Indian Chambers of Commerce and Industry), Managing Committee of FIEO (Federation of Indian Export Organisations). He has his footprints set on various social and charitable organisations.
Amit, the Co-Founder & Director of Raay Global and also the Chairman of Nirvana Venture Advisors, is a prominent angel investor in the Indian startup ecosystem. Additionally, he is also a promoter shareholder of Patni Computers and former Director of PCS Technology Ltd., Partner at The Hive-India & Ideaspring Capital. He holds a Bachelor in Commerce and an MBA from Babson College, Boston.
Vaibhav, he is a partner at Karnavat & Co and a prominent angel investor. In addition to that, he is a partner at Itreat Grocers LLP and also acted as CEO of Jewelex International Pvt Ltd. He did his Bachelor of Commerce in Accounting & Finance from the H R College of Commerce & Economics and is Chartered Accountant by qualification.
Dr. Apoorv, the Co-founder & President of Venture Catalysts, is one of the prominent angel investors in Mumbai. He also acts as the Board member at TiE Mumbai. Earlier, he served as the Vice President of Indian Angel Network and as the General Manager at Amity Innovation Incubator. He did his Ph.D. in Incubation from Amity University, Graduated in Engineering from HBTI, Kanpur, and Diploma in Mentor Studies of Berkley Institute of Management, University of California, USA.
Rajeev, the Founder of Magnetic Partners, is a well-experienced angel investor in the Indian start-up ecosystem. Earlier, he acted as the CEO & MD of JM Financial Services.
Pravin, He is the General Partner at Seedfund (Early-stage venture capital fund) and the owner of the Infinity Technology Venture Fund. In addition to that, he acts as the Board Member of TiE Mumbai and as an Advisor at Aavishkaar India Micro Venture Capital Fund.
The Founder & Director of Malpani Ventures, Dr. Aniruddha, is a doctor-turned angel investor. He also acts as the Director at Solidarity Investment Advisors and the Board member of Invention Labs.
Aakrit, the Co-founder & CEO of Haptik (Conversational AI Platform), is an entrepreneur and an active angel investor. He is also the co-founder of Flat.io, a real estate platform and the Director of Winmark Enterprises Earlier, he served as the director at Flurry Inc., Business Technology Analyst at Deloitte Consulting LLP and as a Financial analyst at Chicago Transit Authority.
Markets Interested
Education, Technology, AI, eCommerce, Healthcare
Aakrit Vaish’s Investments
Unacademy, ION Energy, Dataweave, Haikujam, Tookitaki, Talent Litmus among others
Bharat, the CEO & Senior President of Aditya Birla Group, is an active member of the Indian Angel Network, CIO Angel Network, Venture Nursery, and The Indus Entrepreneurs. He is an experienced person in varied fields like Strategy, Mergers & Acquisitions, business development, and investing. He is the recipient of the “Professional Achiever – Finance Sector” Award from the ICAI.
Bharat Banka’s Investments
OYO, Perpetuiiti Tech, Invenzone, TalView, Vegayan, AdStringo, InstaSafe among others
Devesh Chawla, Founder & CEO of Chatur Ideas, a Startup enabling platform. He is an active investor, TEDx speaker, and mentor to budding entrepreneurs. He is a recipient of various awards which includes “Youth Leadership Award” by Trade Commissioner of Canada, “Mahatma Gandhi Samman Award”, “Entrepreneur of the Year 2018″ and “CEO of the Year 2019”
He did his MBA in Finance and Insurance from the Mumbai Education Trust-Institute of Management and his Bachelor’s Degree in Computer Engineering from the Rajiv Gandhi Institute of Technology.
Devesh Chawla’s Investments
NUOS, Cloudrino, Hublio, Koonk Technologies, and others.
Vikram, the Founding partner at 8i Ventures, is a prominent angel investor. He also acts as the Board Advisor to Blue Tokai and Signzy, and the co-founder & Board Member of Eight Capital. He did his MBA in Accounting & Finance from the New York University, MBA in Personnel Management & Industrial relations from the XLRI Jamshedpur and Bcom in Finance from the Shri Ram College of Commerce.
Farooq, the Co-founder of Fynd (Online Shopping Platform), is an entrepreneur and an active angel investor. He is a graduate from the IIT Bombay and also was associated with Opera Solutions before founding Fynd. He is an alumnus of the esteemed IIT Bombay.
Abhishek Shah, the Founder & CEO of Wellthy Therapeutics is a prominent angel investor in the Indian startup ecosystem. He did his MBA in Finance, strategy & Leadership from the Esteemed Indian School of Business.
Markets Interested
Consumer Internet, Enterprise Software, E-commerce, IT, Food & Beverage, AI, Healthtech, Big Data
Abhishek’s Investments
Bizly, ZipDial (Acquired by Twitter), Innerchef, Haptik, Greatist, Silverpush, Meddo Health, myUpchar.com, Doxper, among many
Sohil is an Early stage investor and a prominent entrepreneur. With experiences in firms like Bank of America, Fortune Financial Services & Intellecap Impact Investments, he has explored his field of interest with enthusiasm and curiosity. He completed his MS in Finance from The University of Michigan.
Bhavik, the Founder & Chairman of Vamaship (India’s largest e-commerce logistics marketplace), is a focused investor & entrepreneur. He also serves as a Director at BVC ventures. Being a part of various angel networks, he has gained exposure in several tech enabled startups. With regards to academic exposure, he was part of Harvard, London School of Economics, Indian School of Business, Singularity University & Narsee Monjee.
Markets Interested
Mobile Advertising, Social Media, Digital Media, Transportation, Logistics, E-commerce, Travel & Tourism, Software Technology
Siddharth is the Founder & CEO of Noesis.tech. He was also the founding partner at 369 Solutions. With a keen passion for technology, Siddharth constantly attempts to create a platform to monetize knowledge.
Being associated with Protiviti India & StyleCracker as Consultant and Advisor at Umoja & FoxyMoron Media Solutions, he gained immense experience and exposure in his field of domain.
This was our list of Angel Investors in Mumbai. Hope the contact details of these Angel Investors helped you! If you are an investor or know any Angel Investor in Mumbai, connect with us at shubham@startuptalky.com to get featured in the list.
Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sits on the board of directors of Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid-Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.
He is popularly referred to as the “Warren Buffett of India” and the “King of Bull Market”.
Jhunjhunwala’s stocks fell by up to 30% in December 2011. He recovered his losses in February 2012. These ups and downs forced him to reduce his vulnerability by trimming his portfolio to one-third.
His attempts to divest his Aptech stake had no takers. Jhunjhunwala invested ₹26 Crores (US$3.4 Million) in A2Z Maintenance increasing his stake in the company by 3.57%, upping his stake in the company to 23.2%.
Rakesh Jhunjhunwala startup investment in India
The first big profit of Rakesh Jhunjhunwala was ₹5 lakh in 1986. During 1986 – 1989, he earned almost ₹20-25 lakh profit. As of 2020, his biggest investment is in Titan Company which is worth ₹4,758 Crores (approx. US$600 Million).
Rakesh Jhunjhunwala will start by investing in the start-up scene of India. Mobile gaming firm Nazara Technologies, based in Mumbai, announced the acquisition of minority stake in the company for an estimated $27.99 mins by investor Rakesh Jhunjhunwala (INR 180 Cr).
Investment from Rakesh Jhunjhunwala follows the $51.1 million financing round led in the beginning of this month by the IIFL Special Opportunities Fund. “We are happy to have Rakesh Jhunjhunwala as an investor at Nazara and it is a great validation of the value increases that Nazara delivers to its existing shareholders,” said Nitish Mittersain, Managing Director and founder, Nazara Technologies.
Nazara Technologies is a mobile gaming company which acquires, adds value and sells mobile games in emerging markets. It offers massive mobile internet users mobile gaming subscriptions which consist of mainly mobile gamers in Africa, the Near East and Southeast Asia, Latin America and the Indian subcontinent for the first time. Rakesh Jhunjhunwala commented on his investment, “I still look forward to promising businesses that are the pioneers in high vertical growth. In the mobile game market, Nazara is a leading company. Nazara has a clear history of benefit delivery, cash flow, effective capital use and high ROE.
Nutrition startup Fullife Healthcare raises ₹50 crore from Rakesh Jhunjhunwala and other investors.
At its latest round, Fullife Healthcare is the organization that runs the Fast & Up brand for sports nutritional supplements.
The financing comes from established Rakesh Jhunjhunwala and Sixth Sense investors and Amansa Capital’s latest investment company Akash Prakash. One of the first supporters of the organization was Jhunjhunwala.
The business is widening its product range with recent investment and also aiming to add new markets, including the United States and Europe. In Italy it is already present.
Nazara Technologies
Rakesh Jhunjhunwala- Nazara Technologies
They are the leading diversified gaming and sports media network in India and developing and developed world markets such as Africa and North America, as well as providing services in the digital gaming, electronic sports and early learning ecosystems.
Mobile gaming company based in Mumbai submitted initial public bids documents on Friday to industry regulators. The business is renowned for the World Cricket and Chhota Bheem and Motu Patlu Championship games. Nazara is one of the largest digital gaming and sports media companies in India.
Nazara Technologies, founded in 2000 by Nitish Mittersain, is a developer and publisher of mobile games offering unique services as the Games Club, and an exclusive dealer for key developers of games like Electronic Arts, for instance. The business operates in Dubai, London, Africa, Singapore and in Mumbai. And it operates in developing markets in 61 more countries.
In India, Nazara has been licensed to use the mobile gaming rights of famous IPs such as Virat Kohli, Hrithik Roshan, Chhota Bheem, Royal Challengers-Bangalore, aand Motu Patlu. As of September 2017, in its network of Games on the Google Play Store, Nazara has been able to download more than 34 minutes of its monthly users, according to Nazara. The company also announced in the same month plans for an IPO of $156.5% by the end of FY18.
The online gaming industry in India estimates to be over $360mn worth, and is expected to rise to $1tons by 2021, according to the Google KPMG report published in May 2017. It is likely that this industry will cross over 310mn gamers throughout the country. The segment’s tremendous potential and offered an opportunity to explore several startups. Two more Smaaash and Passion Gaming start-ups have raised $3.8 million and $3.7 million in funding last month.
India makes up approximately 13% of the world’s online mobile gaming population, according to the data available. However, while the industry has expanded rapidly in recent years, most firms have faced difficulties in breaking down. In FY17, the company generated revenues in excess of $86 million (INR 550 cr) and income in excess of $10.3 million (INR 66 cr). This investment by Rakesh Jhunjhunwala as an accomplished investor is another confirmation of the profitable and sustainable gaming start-up model.
Conclusion
Nazara has invested and acquired in various gaming categories, including Esport, edutainment and infotainment, sports fantasy, multiplayer games such as carom and mobile crickets, over the years in order to increase its role in the gaming and sports sector. Others are the leading investors, in addition to Jhujhunwala, Plutus Wealth Management, IIFL Special Opportunities Fund.
FAQs
Who is Rakesh Jhunjhunwala?
Rakesh Jhunjhunwala is a business magnate, one of the most renowned and successful stock market investors in India. He has made a great fortune by trading and investing in stocks. He is an inspiration for all those who want to succeed in the Indian Stock Market.
What is the net worth of Rakesh Jhunjhunwala?
The net worth of Mr. Rakesh Jhunjhunwala is estimated to be $3.3 Billion.
What is Fullife Healthcare?
Fullife Healthcare is a startup that sells sports nutrition supplements under the brand Fast & Up.
What is Nazara?
Nazara is a digital gaming and sports media company in India.
Who is the king of share market in India?
Rakesh Jhunjhunwala is known as the King of the Share market in India. He is popularly referred to as the “Warren Buffett of India” and the “King of Bull Market”.
Flowmailer provides an email delivery platform, focusing on reliable and lightning-fast email delivery. The team believes that every email not making it to the inbox is a missed opportunity to interact with your customer. That’s why they focus on improving the clients’ email deliverability. In the future, they’d love for every legitimate sender to have 100% delivery to the inbox.
Read this article to learn about Flowmailer, email API, email delivery, SMTP, services, growth, funding, business model, and challenges.
Email deliverability should be important to every business, so the company do not have a specific target industry or definable market size. In the next five years, though, Flowmailer aims to dominate the Dutch SMTP market and to have set a foot on the global market.
How was Flowmailer Started?
Flowmailer emerged from an email marketing software called MailPlus (now Spotler). Customers kept calling for a dedicated, more reliable delivery platform for their transactional emails. That’s where Flowmailer originates from, so when their customers got acquainted with Flowmailer, they were very enthusiastic.
Flowmailer – Product/Services
Simply put, Flowmailer is an SMTP relay service. The basic function of the platform thus is to receive emails from source systems (webshops, CRM systems, CDPs) and deliver them to the recipient’s inbox. But many SMPT relay services struggle with their deliverability.
Flowmailer working SMTP
Flowmailer stands out from the crowd because its main focus is to get emails delivered, meaning it provide all the tooling the customers need to increase their deliverability. Furthermore, the platform provides tons of features to upgrade transactional emails, like advanced templates and dynamic PDF attachments.
Flowmailer – Name, Tagline, and Logo
Email deliverability can be a pain to most marketers/email developers out there. The name is based on the company’s goal to relieve this pain and make email deliverability feel like it’s all going automatically: the simplicity of ‘the flow’. The ‘wm’ in the logo is a flow symbol.
Flowmailer Logo
Flowmailer – Business Model and Revenue Model
Flowmailer works on a pricing business model. The pricing is based on the amount of emails sent/month – divided in two packages, Go! and Pro. Go! unlocks all Flowmailer features for an account, Pro is made for accounts with multiple domains and source systems, plus enables phone support.
Price/Number of emails
Flowmailer Go!
Flowmailer Pro
<25000/month
€89
€249
<50000/month
€179
€329
<75000/month
€269
€429
<150000/month
€389
€549
<250000/month
€509
€669
<500000/month
€609
€769
<1000000/month
€729
€889
1000000+/month
Custom
Custom
Flowmailer – Startup Launch
As mentioned, Flowmailer is a spin-off from MailPlus, starting with 0 users was never an issue. Though, growing from that point took a lot of time. In the beginning, they mostly worked with sales strategies and partner relationships. Since last year the team has started doing marketing, which helps them grow as well.
From a marketing perspective, the team found that there is a lot of traffic on SMTP, DMARC, and alternatives to their competitors. They’ve started targeting this traffic with Google Ads and it works. They spend a few thousand euros on marketing on average/month.
Flowmailer – Startup Challenges
Starting with marketing, the product was challenging. As mentioned, the team was relying on mostly cold sales before, so marketing was new to them. As a result, the startup’s first marketing project kind of failed, but they learned from it, and now get to know the audience a little better every day.
Flowmailer – Growth
Flowmailer mainly focused on the Netherlands (EU) for the past years, but started helping some international clients since this year. Most customers are thus Dutch, like VodafoneZiggo, Eneco, DPD, but they also have brands like Asics in their portfolio.
Here’s a BuildWith metric:
Flowmailer Usage Statistics
Flowmailer – Funding and Investors
Flowmailer has raised a total of €280K in funding over 2 rounds.
Date
Stage
Amount
Investors
April 2017
Seed Round
€100K
–
April 2017
Venture Round
€180K
CNBB Venture Partners
Flowmailer – FAQs
What is Flowmailer?
Flowmailer provides an email delivery platform, focusing on reliable and lightning-fast email delivery.
The COVID-19 pandemic has effectively brought normal life to a halt in the whole world. So, Indian government has used the formula “break the chain” to stop the spread of this disease. Indian government has ordered for lockdown and 1.3 billion residents of country to stay home. As a result, employees of many companies are working from home. But they need to follow best practices for working from home to be productive.
But, it’s not easy for the company to let all employees to work from home. Company has to take permission from its client if employee can work on client’s information at home. Employees need laptop, a good internet connection, communication gear, work-related hardware & software. Of course, technology has made it easy as you can do everything online like meetings, attendance, etc. But, all companies have to make plans how they can make it efficient.
We talked to few companies about their planning to have “Work from Home” and effective best practices for working from home which they have applied for maximum output in the time.
Founded in early 2015, upGrad offers online programs for working professionals. We talked to Mr. Mayank Kumar, Co-founder & MD of upGrad, about their planning to make work from home effective.
At upGrad ever since we have switched to the Work-From-Home model, the leadership team has been on their toes to make sure that their respective teams are communicating enough amongst their colleagues, maintaining the team bonding and synchronization. We have active video/audio calls and group conferencing to make sure that everybody stays updated.
We’ve ensured that remote IT infrastructure (hardware and software) are made available as much as possible. To ensure that the work stays uninterrupted, employees can discuss with their manager and mail to IT help for support anytime.
We will be using hangouts, zoom or other software for official meetings or calls.
Employees are encouraged not to step out of home for a meeting, event, public gathering etc. unless absolutely necessary.
We suggest them to exercise caution while using public transport for travelling inside the city and minimize your inter-city and intra city travels.
At upGrad, we will be monitoring the spread, taking inputs from industry and govt. bodies and take appropriate decisions keeping your safety and business continuity in mind. We will keep employees posted from time to time about relevant updates.
Casa Exotique
Casa Exotique has been exploring the depth of Interior Designing and Styling with the help of a remarkable team of professionals who takes each and every turn to make your vision come to life. We talked to Ms. Bhawana Bhatnagar, Interior Stylist and Founder, about the plans to make work from home effective.
Ms. Bhawana Bhatnagar- Founder, Casa Exotique:
Given that we’re currently at stage two of the infection, we are actively separating sick employees and contractors from the healthy ones to prevent the infection from spreading any further. Also, sick employees have been given the Flexi leave benefits as well. As of now, we are waiting for the government directives and updates on the situation. If there is any indication that we are moving towards stage 3, then work from home will definitely be implemented.
121 Experiences
121 Experiences specializes in experiential brand communicating solutions to drive behaviour changing consumer habits. We talked to Aniket Sharma, Co-founder & CEO, about their planning to make work from home effective.
Aniket Sharma- Co-Founder, 121 Experiences :
We have urged all our employees to work from home during the current crisis unless absolutely necessary to work from office.
We also understand not all employees can work from home due to their respective reasons, for them we are following a rotational policy. If there is a team of 4 then only 2 people have been asked to come on a single day.
Further we have encouraged car pooling amongst our employees instead of taking the local transport to and fro to work.
We have also relaxed office hours from 11-4 to ensure those who have to take public transport can avoid peak hours both ways.
My Star Hub
To create the most authentic and memorable fan experiences across the world, My Star Hub came up with the platform where fans can book personalized video shootouts from their favorite celebrities. We talked to Swapnil Mahajan, Founder & CEO, about their planning to make work from home effective.
Swapnil Mahajan- Founder, My Star Hub :
We have chalked out a comprehensive guideline to keep remote working effective.
Besides maintaining a focus on clear communication, we have kept things flexible as we know that the one-size-fits-all formula doesn’t work when people are working in different settings.
We are relying on online tools and digital meeting platforms for discussions, clarifications, and progress tracking.
We have full trust in our people and are working on creating a support structure for effective remote working.
Co-founded by Swati Nathani and Ranjeet Kumar, Team Pumpkin, a 360 Degrees Marketing & PR agency commenced its operations in 2012 with a clear mission to help brands win in the Marketing and PR space. We talked to Ranjeet Kumar, Co-founder, about their planning to make work from home effective.
Ranjeet Kumar- Co-Founder, Team Pumpkin :
As a precautionary measure, we have rolled out remote working directives for all our employees across regions until the situation settles down.
Team Pumpkin has always been a flexible organization, even before Coronavirus forced people to work-from-home, we had implemented the policy in our company. With our long-tested policy and a supportive environment for remote working, we are effectively maintaining our productivity levels.
With daily work reports and progress updates, we are making sure that the deliverables are not affected and business continuity is maintained as normal.
We are connecting with the teams and clients through teleconferencing and video conferencing on a need basis.
To manage daily attendance, employees have been advised to download the app and do remote clock-in and clock-out throughout the remote working period.
For those who need to visit the office for any urgent requirement, we are ensuring complete hygiene within the premises.
Headquartered in Hyderabad and Singapore, Ozonetel has several industry firsts to its credit in the area of Cloud Communication. We talked to Chaitanya Chokkareddy, Co-founder & Chief Innovative Officer, about their planning to make work from home effective.
Chaitanya Chokkareddy-Co-Founder, Ozonetel
Ozonetel Communications is a pioneer of cloud communication solutions and as per Dept. of Telecom (DoT) regulations, calls can be converted to VOIP (Voice Over Internet Protocol) and connected to agents’ phones within the OSP sites’ local network. This will allow organizations with OSP license to extend the call from OSP site to be connected to agents’ phones at their home over VPN.
VPN will allow access of all applications that are accessible to an agent at OSP site. Since Cloud Agent delivers all agent tools including a phone call in browser, it’s a seamless transition.
We are helping all our clients/customers to set up this model of WFH. All those running IP based contact center like Cloud Agent can implement this, but for now it is limited by DoT for only who has the OSP license.
Dineout is India’s largest Dining out and Restaurant tech platform, helping more than 17 million diners monthly discover new restaurants, reserve a table, pay for their bills and get offers and discounts combined with a SaaS product offering to its restaurant partners manage their operations. We talked to Ankit Mehrotra, Co-founder & CEO, about their planning to make work from home effective.
Ankit Mehrotra-Co-Founder, Dineout :
Work from home as a policy is commonly followed by our teams in times of personal need but when we implemented self quarantine policy for the necessary folks, it seemed almost difficult to function. And a time like this where the entire office across all cities, including our Sales team who are majorly on field, to work from home is something we never imagined!
We are leveraging on technologies like Google Hangouts, Slack and Zoomfor work from home arrangements and ensuring continuity of the work.
The start and end to our day is just like before with regular communication and synergy within teams and with clients via video conferencing.
It continues to be challenging and we’re learning on the go, one day at a time with effective and ethical work practices virtually.
Bridged
Bridged uses a combination of AI and 13,000 strong highly skilled workforce to develop unique and vast data at scale significantly improving the quality of data models. We talked to Ashwin Chalam, Founder and CEO, about their planning to make work from home effective.
Ashwin Chalam-Founder, Bridged :
Employees at Bridged have recently started working from home, and we’ve put measures in place to ensure productivity does not decrease. We made sure that all employees have access to requirements such as a laptop, an internet connection, communication gear, work-related hardware & software, etc.
Concerning best practices, employees need to prioritize communication. This involves multiple video chats and protocols for communication and escalation.
Employees should update their teammates on the status of tasks at hand and inform them when they won’t be available during lunch breaks, casual rests, etc.
CarveNiche
CarveNiche is an innovative edtech startup, which is using latest technologies such as machine learning and advanced data analytics to personalise learning for K-12 education. We talked to Avneet Makkar, Founder & CEO, about their planning to make work from home effective.
Avneet Makkar-Founder, CarveNiche :
Have dedicated Work Space while working from home and setting a work schedule and sticking to it.
It is very important to not get distracted and be disciplined about your work as this way, one would be able to finish tasks at hand effectively and efficiently.
Docttocare allows the users to schedule their surgery appointment with the right doctor or hospital, which is best for their health and which is cost-effective. We talked to Sugandha, Founder of Docttocare, about what advice/suggestions she has for effective work from home.
Sugandha-Founder, Docttocare :
Hit the shower- To set the tempo, prepare as if it’s a normal day at work. Take a bath and get dressed.
Communication: Video call is must.
Never work where you sleep.
Set up a workplace at home.
Don’t forget to log off- When the day ends, log off completely and take rest.
Work for 6 hours, that are more productive when WFH.
NowPurchase
NowPurchase offers a curated B2B e-commerce platform with over 50,000 industrial goods. The company has also developed a unique NowPaaS (Purchasing as a Service) for regular buyers where it combines its e-Commerce offering with a purchase management SaaS platform. We talked to Naman Shah, Co-founder, about their planning to make work from home effective.
Naman Shah-Co-founder, NowPurchase :
Understanding this and also the fact that with Work From Home employees can only spare 3-4 hours/day, we decided to start an initiative to complete the ignored but important work- CRM and Management Software implementation.
AppViewX
AppViewX is a modular, low-code software application that enables Certificate Management as well as Network Infrastructure Automation and Orchestration using an intuitive, context-aware, visual workflow. We asked Anand Purusothaman, Founder, about their planning to make work from home effective.
Anand Purusothaman- Founder, AppViewX :
Giving our team the flexibility to define work hours based on their family priorities, especially in this situation, has helped immensely. With kids off from schools and the mounting household chores, we made it clear that we understood this unique situation and supported it. This has gone a long way. We also conduct frequent virtual connects with leaders, informal coffee chats with the team, wellness initiatives and business updates to keep the team reassured that the business is on track, to ensure that they stay connected.
LegalWiz
LegalWiz is focussed on helping early-stage startups and small businesses stay compliant and maintain legal hygiene while maintaining the highest transparency on deliverables. We asked Shrijay Sheth, Founder, about their planning to make work from home effective.
We had planned well and hence were prepared. Team leads were giving full responsibility to ensure that operations and work protocols are maintained. That said, a team of 3 has been deployed to assist any team-member with any problems they may face. I am personally available to any team member who wants to connect and we have frequent discussions on coping with confinement and making work easier.
Tips for Managing Remote Teams effectively
Excess2sell
Excess2sell is India’s Premier and leading b2b excess inventory marketplace which covers multiple verticals. We talked with Mr Rajan Sharma, Founder & CEO, on about their planning to make work from home effective.
Fortunately, we are a tech based start-up and are fully geared to take our work home. So in terms of technology WFH is not much of a problem area for us. However, the complete lockdown has ensured that there is no movement of goods and hence not many fresh deals will happen during this period. We will definitely see the effect on our bottom line this quarter and probably in the next quarter too.
ZingHR
ZingHR is one of the oldest HRM providers. ZingHR is one of the few global ventures which offers almost all web/mobile-based modules from Hire to Retire Solutions with state of the art tech supporting those applications. We talked with Prasad Rajappan, Founder and CEO, about their planning to make work from home effective.
Prasad Rajappan-Founder, ZingHR :
Work from home is an unavoidable situation which we think can be utilised to focus on performance and achieve outcome-oriented results. “Results are the only true sign of excellence.” We think the best part right now that everyone can do irrespective who they are as follows:
Inspire people
Ask them to stay indoors
Practice hygiene
Unlearn and Relearn
Support peers and family
Not to spread Fake News
Pray
Primus Co-Work
We are a hyperlocal, proptech, consumer business which partners with restaurants, that open only during the night, to convert them into co-working places from Mon-Fri/10am-6pm, and have an mobile app using which the customers can look up a co-working place across multiple pincodes, make payment online and book a seat. We talked with Shardul Bayas, Founder, about their planning to make work from home effective.
Shardul Bayas-Founder, Primus Co-Work :
Talk to the team members over a call 2-3 times a day, do a zoom call every alternate day, checking with the team to ensure things are normal, doing followups on the work and preparedness.
Mamaearth
Mamaearth is Asia’s first Madesafe certified brand that offers 100% toxin free & natural baby and mama care products. We talked with Ghazal Alagh, C0-founder, about their planning to make work from home effective.
The first thing we did was to define a tiered policy. We figured out how much of each job role could be done from home (if at all). We then defined goals and deliverables— first as an organization, then on a team level, and finally at the individual level. We continue to do break this down on a monthly, weekly, and even daily basis. This helps everyone at the organization become much more aligned with their goals as we work from home.
Other than that, we realize this is a time of a lot of panic and fear. As a parent myself, I know that having children at home constantly, and not having access to domestic help, can also interfere with productivity at work. So we’re enabling more flexibility within the organization.
We’ve also allowing space for people to articulate their issues – we’ve defined a specific time when people can just talk about what they’re going through. At the same time, we’ve also made space for coming together as a community and sharing positivity — whether it’s through online games, contests, or just sharing photos and videos of our home office, and the small joys of coming together in this challenging time.
Metro and Metro
Metro & Metro is one of the leading manufactures of shoes and allied product in india. We talked with Meenakshi Kalsi, Business Partner, about their planning to make work from home effective.
Meenakshi Kalsi- Business Partner, Metro & Metro :
We can only handle the communication with the customers and the suppliers. But the manufacturing part is totally at the standstill as that requires labour to be present. To assist my team we are supporting them financially and taking care of their needs. There’s a regular meeting done through zoom video calls to check up on them.
Simply Fresh India
Simply fresh AI technology in farming for growing, nourishing, picking and processing. We talked with Sachin Darbarwar, Founder & CEO, about their planning to make work from home effective.
Sachin Darbarwar- Founder, Simply Fresh :
Almost all our corporate employees are working from home which includes teams like – HR, finance, IT, marketing, sales and legal. All our department heads are doing a wonderful job of connecting with their teams virtually and making sure the workflow is smooth as much as possible. We are making use of technology to stay connected and have video calls and group conference calls to maintain the business continuity. It is important during these time that we stay connected virtually and make sure we adhere to needs of our team as required.
Cosmo Films
Cosmo Films is a global leader in specialty films for packaging, lamination and labeling applications. We talked with Mr. Pankaj Poddar, CEO, about their planning to make work from home effective.
Pankaj Poddar-CEO, Cosmo Films :
We being a continuous process plant and also film suppliers to the food packaging industry; come under essential services and hence we have obtained permission to run operations with minimal manpower. Our remaining functions like Sales, Marketing, IT, Finance, Purchase, and HR are working from home to provide backend support to the plant for smooth operations.
As employees are working from home due to COVID 19, we have made necessary arrangements for our employees like the availability of laptops and systems, printers, required stationary and internet connectivity.
Ecolab Digital Centre
Ecolab Digital Centre focuses on finding solutions to real-world problems around water safety, energy conservation, food security, and healthy environments. We talked with Malahar Pinnelli, MD, about their planning to make work from home effective.
Malahar Pinnelli- MD, Ecolab Digital Centre :
We have always been using Video Conferencing to work with the US team, now we have started using those with the team here. Each manager connects with their team every day and that rolls up to the Managing Director. We have every 2 days a week, a mandatory video call to make sure people are still visually connected.
Surmount Business
Surmount Business practices targets to become a strategic partner to entrepreneurs and enterprises to help expand businesses beyond their existing roots, professionalize their operations and enhance their Capital Efficiency. We talked with Niraj Bora, Founder, about their planning to make work from home effective.
Niraj Bora-Founder, Surmount Business :
We organize long video calls instead of just audios, play some games online weekly with the team, and keep in touch more often in order to keep the enthusiasm alive. We have also increased training sessions online in order to keep learning ongoing. People also get more negative be reading and hearing daily cases and hardships on media, so I have tried sharing cover-19 recovery stories discussion with teams as well. A piece in last Sunday’s ET covered that very well and sharing with everyone gave positivity to the team mindset.
For some out of office chats, we have WhatsApp group where team posts any new thing they do like cooking, new indoor game, etc.
FAQs
What is a work from home model?
The Work From Home model allows employees to work remotely. Employees get the flexibility to work from anywhere. It is location-independent.
What essentials do you need to work from home?
Computer/Laptop with webcam and mic
Proper Internet Connection
Essential Software/Tools as per the work/business requirement
How do you connect with employees working from home?
In the WFH model, a virtual office for employees is set up. Offices use the best video conferencing and team collaboration tools to connect with employees. A shared portal for employees is created to share personal as well as professional updates.
Lakshya Singh
