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Khetigaadi.com – World’s First One-Stop Solution for Agricultural Machinery

India is one of the top countries, precisely second, worldwide in farm outputs. Agriculture sector employs 50% of the Indian work force and contributes 17-18% to the country’s GDP. A large section of our population depends on agriculture, especially our farmers. And the state of farmers in our country is worrisome. Floods, droughts, low income and unavailability of financial sources leads them in a debt trap and hence farmers, their families and the agriculture industry as a whole suffers. There are Government policies and non-government organizations helping farmers in many ways. But still, there is lot more that is needed to be done, and a startup that realized these issues and has come forward to further develop the agricultural sector through mechanization is Khetigaadi.com

Khetigaadi.com is the world’s first destination for tractors and farm mechanization. The platform is a marketplace for buying, selling and renting of agricultural equipment and also offers knowledge based advises to the farmers, and insurance and loan assistance on agricultural equipment. Pravin Shinde, the founder of Khetigaadi, put his heart and soul into this startup and his journey to success is commendable. StartupTalky interviewed Pravin Shinde to find out more about the venture.

Khetigaadi – Company Highlights

StartupName	Khetigaadi
HeadQuarter	Pune
Founder’s Name	Mr. Pravin Shinde and Vishnu Dhas
Sector	Agro-Tech
Founding Year	2018
Website link	Khetigaadi.com
Registered Entity Name	ATFEM Khetigaadi Pvt. Ltd.

About Khetigaadi and How it Works
Khetigaadi – Market and Industry Details
Founders of Khetigaadi
How was Khetigaadi Started
Khetigaadi – Startup Launch
Khetigaadi – Name and Logo
Khetigaadi – Revenue Model
Khetigaadi – User Acquisition
Khetigaadi – Startup Challenges
Khetigaadi – Competitors
Khetigaadi – Advisors and Mentors
Khetigaadi – Future Plans
Khetigaadi – FAQs

About Khetigaadi and How it Works

Khetigaadi is world’s first destination where one can buy, sell, rent, compare and review tractors and farm mechanization, all with a simple click. It has been established to encourage farm mechanization and usage of technology and hi-tech products in agriculture to optimize yield in less man-hours. It is not just an online market place to source agricultural implements, but is also a knowledge based advisory platform for the farming community and provides insurance and loan assistance on various agricultural equipment.

Built on high-tech angular technology, Khetigaadi portal is as safe as an online banking portal. To make the platform user friendly for the farmers, Khetigaadi has made it available as an App in 10 languages and the company’s website can be viewed in 3 different languages, English, Hindi and Marathi. The concept is techno-savvy and compatible with IOS as well as Android.

Khetigaadi – Market and industry details

According to a recent NABARD report, the size of the farm equipment market is expected to reach 9 lakh crore by 2022.

As said by Pravin, “The current farm mechanism industry is almost 80 thousand crore where new tractor industry takes up 40 thousand crore, the old tractor industry is at 20 thousand crore, rental tractor industry is gauged approx.at 15k crore and finally the implement industry is at around. 5 thousand crore”

Founders of Khetigaadi

Mr. Pravin Shinde and Vishnu Dhas are the Co-founders of Khetigaadi.com.

Pravin Shinde himself is a farmer’s son and he witnessed the hardships faced by agricultural community closely. His aim was to address one of this major challenges of our country. Pravin is a graduate in Economics and a diploma holder in Agricultural Technology. He began his professional career by joining his family owned business dealing in fertilizers, pesticides and chemicals. Pravin’s family was the first one to know about his plans and the idea behind conceiving Khetigaadi. After gaining a bit of market experience, he joined SAR Agrochemicals & Fertilizers Pvt. Ltd., which was founded by his elder brother, Prashant Shinde.

Today SAR Agro-chemicals & Fertilizers Pvt. Ltd. is amongst the finest manufacturers, suppliers, traders, distributors and importers of range of Organic and Inorganic Fertilizers. Apart from managing Khetigaadi, Pravin is also Founding Director of SAR Agro-chemicals & Fertilizers Pvt. Ltd.

In Oct. 2017 Pravin was in the process of taking SAR Agro-chemicals & Fertilizers beyond local borders. He met Mr. Vishnu Dhas at an event. They say when you have similar interests, working together becomes easy. Vishnu’s views about the need to further mechanize farming techniques and raising the farmers, our ‘annadatas’ on a respectable strata of the society, were similar to Pravin’s ideas and vision. In no time their wavelengths matched and Pravin and Vishnu came together to do a successful event together in February 2018. After that there has been no looking back. Pravin and Vishnu officially got together in June 2018 and Mr. Vishnu Dhas became an integral part of Khetigaadi as Co-founder and Executive Director.

How was Khetigaadi Started

Pravin being from a farmer family was well aware of the issues the farmer faced, and was willing to do something for the improvement of the status of the farmers. Khetigaadi was started with a vision to bring about and facilitate a positive change in the way farming is undertaken in India and to bring India at par with the developed nations in terms of farm mechanization.

“Farmers are the most important ones – our ‘Annadata’. My quest is to empower them, improve their current situation and bring them into the mainstream. They deserve limelight and I want them to realize how important their part is in our lives. My conscious is continuously hunting for novel ideas to better their situation.” says Pravin explaining the motto behind starting Khetigaadi.

Farmers, their challenges, the villages, techno-innovation in bringing about a positive change in the agricultural sector – all of this is very close to his heart. Through Khetigaadi he seeks to reach out to a maximum number of farmers in each and every nook and corner of India with the help of technology.

I am constantly thinking about how else can I offer the farmers with solutions that will take away manual labour from their routine and at the same time fetch them good yield.

Khetigaadi – Startup Launch

When Khetigaadi started off, the team did not even have all the information required to educate and convince the farmers, on one platform. It wasn’t available online nor were there any offline sources where they could collate it from. They reached out to various agriculture-based research centers and sometimes even purchased the much-need information and reports. This exercise took almost a year where they compiled all the data and studies that will help enlighten the farmers and convince them about the need for mechanization.

Mr. Pravin Shinde’s brother also came in and helped a lot with the business activities. They built the website in-house without any professional help. They eventually built the website to what it looks today, through trial and error and multiple hurdles. It is a success nonetheless!

Khetigaadi launched the portal in May 2016 from its Pune office. They faced some backlash when they got started. But Khetigaadi team reached out to the farmers undeterred. Exhibitions, One-ones, sessions and social media handles have helped them immensely in their awareness campaign.

Moving further, Khetigaadi commercially launched itself in 2018 for manufacturers and distributors of tractors and farm equipment. Renowned tractor manufacturer John Deere was the first customer on the platform.

Khetigaadi – Name and Logo

As the platform deals with vehicle (gaadi) and equipment used for agriculture (kheti), the company is rightly called ‘Khetigaadi’

All of us dream of owning a vehicle (either a four wheeler or a two wheeler depending upon aspirations). Similarly, a farmer also aspires to own one albeit, his fancy is of owning a tractor that’ll help him take his farming skills on to the next level. It in fact for him is synonymous with his farm. A ‘gaadi’ used for ‘kheti’ and that’s where we leaped feeling thrilled for thinking of ‘khetigaadi’. That moment is still fresh like yesterday for me.

After the word ‘Khetigaadi’ was coined, and their team started building the platform, they realized that there is no other such platform in the world where information regarding farming automation and mechanization is collated and accessible. That’s when they came up with the tagline, ‘World’s first Agri-Mechanism for Indian Agriculture’.

Khetigaadi – Revenue Model

Khetigaadi serves as an Advertising and Marketing platform for all manufacturers, and dealers. The Khetigaadi revenue model works from-

Display Advertising
Enquiry Selling
Transaction base
Google Adsense
Product Promotion
Dealer Promotion
Reach Media

Khetigaadi – User Acquisitions

The team of Khetigaadi traveled village to village talking to farmers. Beginning with Nashik in Maharashtra and Jalandhar in Punjab, they met farmers one-by-one and explained the concept of Khetigaadi. After initial hiccups and disbelief, the farmers were convinced about Khetigaadi. These are the two cities where they got their first 15-20 clients.

Pravin and Vishnu also spent almost one year in different initiatives like exhibitions, seminars, one-one discussions and workshops; to share information and enlighten farmers on how best can they optimize yield by mechanization. Social media platforms like WhatsApp and Facebook helped them take their awareness campaign to another level and helped them reach the grass root levels. With all of these, Khetigaadi managed to bring a sizeable farmer community on their platform.

I would like to give due credit to the new generation of farmers who are tech-savvy and keen on exploring innovation in farming.

Khetigaadi – Startup Challenges

Khetigaadi faced many challenges along its way. Starting off, was communication of a techno-driven initiative to uneducated farmer community. However, the team received positive response from the farmers.

The kind of enthusiasm shown and hunger to know more about mechanization is unparalleled. It was their curiosity that encouraged us to collate all possible data on one platform so that it becomes available for one and all – says Pravin about the response the Khetigaadi team received from the farmers

Khetigaadi – Competitors

Some of the competitors of Khetigaadi that have recently entered the Indian market are Tractor Gyan and Tractor Guru. Khetigaadi however, precisely stands out from the competitors as they don’t just offer buying, selling and renting of farm equipment but also guide them to boost the farmers confidence in decision-making. There are similar platforms in terms of concept but the kind of technology, information and knowledge they offer; is second to none.

Khetigaadi – Advisors and Mentors

Mr. Pravin Shinde’s family and friends have provided rock-solid support in every initiative that he has taken up. The team is also looking forward to on board experienced mentors for guiding them to take up the market, that is increasingly becoming competitive.

Khetigaadi – Future Plans

Khetigaadi recently achieved a significant milestone by registering 30 lakh farming communities on Khetigaadi platform. They also have on board 8 reputed tractor brands as clients.

Going forward their ambition is to provide one single platform for tractor and farm equipment brands where they can sell and service their products alongside assisting them in business development. Khetigaadi’s mission is to connect 10 Million farmers to mechanized ways of farming.In the near future, Khetigaadi will also introduce AI based products.

Our farmers and the farming community are significant contributors towards the ecosystem and yet are the most neglected ones. Our core objectives are to educate them with right knowledge of farm mechanization, to encourage them to deploy it and optimize yield and of course to empower them with latest farming technology. We are already witnessing a positive difference with our initiatives amongst the farming community – Pravin Shinde, one of the founders of Khetigaadi

Khetigaadi – FAQs

What is Khetigaadi?

Khetigaadi is world’s first destination where one can buy, sell, rent, compare and review tractors and farm mechanization, Khetigaadi is an online platform where one can buy, sell and rent agricultural machinery. They also provide loan and insurance assistance on agricultural equipment.

When was Khetigaadi founded?

Khetigaadi was founded in 2016.

What sector does Khetigaadi operate in?

Khetigaadi is in Agricultural Products.

May 14, 2021

Best Knowledge Management Systems And Tools

For a software or an SaaS, users often have questions regarding their functioning, features or even any technical issues they might face. This is also true for websites. One common solution for such situations is a Customer Support Platform for customers to contact, and resolve their queries. Although viable, this solution is far from perfect; after all, users don’t really prefer calling customer support if things can be sorted on their own.

This is where Knowledge Management Systems come in. They help organizations build a repository of frequently asked questions, queries and solutions to possible issues. All the valuable information which might be required by the users, is stored and sorted in one place. These are documented in a format which can be efficiently understood by users. This helps users save time by not having to contact customer support. It allows users to self-help so they can resolve the technical issues all by themselves. This also help in maintaining an easy to find and informative knowledge base for both, customers and employees.

Knowledge Management Systems have helped various users and organizations in handling customer queries and continue to do so, and in recent times, various such applications have emerged, that claim to be the best in business. This can often be overwhelming, and baffle users, as to which one they should prefer. So here we compare 5 most popular Knowledge Management Systems, so you can make the best pick that suits your business.

Guru Knowledge Management Software
Servicenow Knowledge Management
Document360 Knowledge Management Software
Confluence Knowledge Management System
ProProfs Knowledge Management System
FAQs

Guru Knowledge Management Software

Guru is a robust Knowledge Management System, and a ‘guru’ in its own right. It helps keep users up with the workflow providing any information needed, with just a few clicks. Guru offers a verification workflow and a browser extension for quick information access, along with automated onboarding. Its knowledge alerts keeps the employees updated in real-time and delivers information whenever, and wherever you need it. Also, you can integrate Guru with Slack and Microsoft Teams, for better team collaboration and communication.

Features Offered by Guru

Guru allows you to organize information in a way suited to your business or application employees, and is accessible effortlessly.
Guru’s browser extension as well as integration with slack allow you to find the necessary information, anytime and anywhere.
Guru creates a repository of all required information ranging from Google Docs to Slack to within application, to make it centrally available.
It allows you to sync all your internal and external data, in turn keeping it up to date. Moreover, with Collection, Boards, and Groups you can view, who is looking for what, and get insights into your data repository.
Keep your knowledge base up to date and expert verified, avoid having duplicate content, and get insights to further improve your knowledge base.

Pricing for Guru

Starter Plan	Builder Plan	Expert Plan	Enterprise Plan
Built for small teams and comes free of cost	Built for fast growing organizations and costs $14 per user per month	Built for customer facing teams and costs $24 per user per month	Built for huge enterprises and offers custom pricing
Comes with a browser extension, Slack and Microsoft Teams integration	All features included in Starter plan with Knowledge triggers, API access, and analytics	All features included in Builder Plan along with AI suggestions and Intelligent Duplicate Detection	All features included in the Expert plan with other custom features
Knowledge fields include cards, Q&A, and knowledge clipper	Offers knowledge triggers and alerts	Offers AI Suggest Expert and Text	Along with AI Suggest, it also offers users custom AI integrations
Starter plan offers users to embed Guru cards	Builder plan offers user insights and analytics	Expert plan users also get ticket linking with API access	Users enjoy ticket linking, API access, along with Guru cards and analytics
Standard customer succcess support and uptime	Roles and groups security with standard support and uptime	Roles and groups security with standard support and uptime	SAML compliance with user provisioning and deprovisioning along with premiere customer supportSer

Guru Knowledge Management System

Servicenow Knowledge Management

Servicenow is an ML driven knowledge management system focused on enhancing self service of customers and boost employee productivity. With its knowledge sharing platform and knowledge gap identification using quality trends and usage tracking, Servicenow endeavors to increase user satisfaction, and help them harness knowledge from communities. Servicenow knowledge management covers for IT, Employee, and Customer workflows, along with your self developed application.

Features Offered by Servicenow

Integrate with Microsoft Word online, and experience a simplified knowledge and additional authoring to manage the learning curve.
Identify and visualize knowledge gaps and assign gaps to authors using ML models to enhance self service of customers.
Servicenow also allows employees and agents to capture relevant knowledge based articles during their work.
Enhance your feedback process using improved organizational knowledge, along with customer and employee knowledge management feedback.
You can also convert casual and unshaped conversations into structured knowledge, and deploy information from articles and communities to your knowledge base.

Pricing for Servicenow

There is no free plan for service now. They offer quote-based plan. One needs to contact servicenow for the plan and pricing details.

Servicenow Knowledge Management

Document360 Knowledge Management Software

Document360 is a Knowledge Base Platform built for growing companies, and allows you to create creative, out-of-the-box self serving knowledge base, and Standard Operating Procedures (SOP). Document360 also furnishes you with an intuitive interface, wherein the editors and reviewers get a Knowledge Base portal which they can edit with ease, while the customers employees can view all the information that they need through the Knowledge Base Site.

Features Offered by Document360

The Knowledge Base Portal offers editors an editor and allows for a category manager, versioning along with rollback.
Analytics tool in Knowledge Base Portal informs editors of the traffic, and what the users are more interested in, through metrics, user feedback, and link analytics.
The Knowledge Base Site can be customized and branded with navigation menu and custom domain, while also offering you an AI powered search engine in real-time.
For SaaS and Websites, Document360 offers a Knowledge Base Assistant, which can be seamlessly integrated with your product, and offers on demand help to customers.
Document360 also offers various extensions and integrations including Helpdesks, Chatbots, Analytics tools, CRO tools, as well as conferencing tools.

Pricing for Document360

Startup Plan	Business Plan	Enterprise Plan	Enterprise plus Plan
Costs $49 per project per month	Costs $149 per project per month	Costs $299 per project per month	Offers custom pricing depending on the plan
Allows for 2 team accounts and costs $5 per additional account per month	Allows for 5 team accounts and costs $7 per additional account per month	Allows for 15 team accounts and costs $9 per additional account per month	Allows unlimited team accounts
Offers 5GB storage and costs $1 per additional GB per month	Offers 50GB storage and costs $1 per additional GB per month	Offers 150GB storage and costs $1 per additional GB per month	Offers 300GB storage and costs $1 per additional GB per month
Offers 10k page visits per month along with $1 per month for additional 1000 visits	Offers 50k page visits per month along with $1 per month for additional 1000 visits	Offers 150k page visits per month along with $1 per month for additional 1000 visits	Offers 300k page visits per month along with $1 per month for additional 1000 visits
Offers 1 Knowledge Base version	Offers 2 Knowledge Base versions	Offers 6 Knowledge Base versions	Offers 12 Knowledge Base versions

How to create a knowledge base in Document 360

Confluence Knowledge Management System

Confluence by Atlassian is a collaboration and knowledge base platform, which helps centralize all your organization’s important information in one place. It allows you to harness the collective information of your organization from your employees and store the accumulation in the form of easy to find answers. This way, all team members can be motivated, ranging from HR to marketing, to share their information and announcements, to create a knowledge sharing platform, which keeps itself updated in real time.

Features Offered by Confluence

Confluence offers an intuitive structure with pages, where information can be added and edited as well as spaces with pages for individual teams, groups, and personnel.
The knowledge base for documentation and product requirements consists of advanced search and page trees to find pages and page hierarchy.
Confluence offers you to choose from a collection of customizable templates, and helps you deploy plans with powerful Jira integrations.
Real-time editing allows for your knowledge base to always be updated, while the page and inline comments make things simpler form editors.
Manage permissions and share information between groups and teams, and spread new information with blogs asserting transparency.

Pricing for Confluence

Free Plan	Standard Plan	Premium Plan	Enterprise Plan
Free for up to 10 users	Costs $5 per user and an average $50 a month	Costs $10 per user and an average $100 a month	Custom pricing according to the plan opted
Offers unlimited pages and spaces with page versioning, along with structured page tree	Offers page and space permissions with insights and audit logs	Premium plan offers you analytics with team calendars and permission inspection	Enterprise plan offers users admin insights and external collaboration
Free plan includes password policies and domain verification	Standard plan includes password policies and domain verification along with session duration management	Offers disaster recovery and IP allowlisting	Enterprise plan offers you sandbox along with data residency
Allows for 2GB of file storage with community support	llows for 250GB of file storage with support at local business hours	Unlimited file storage with 24/7 premium support	Unlimited file storage with 24/7 enterprise support

Confluence Knowledge Base

ProProfs Knowledge Management System

ProProfs is a Knowledge Base Software that helps users to create knowledge bases, user manuals, and documentations. With 24/7 instant self help and access management, ProProfs helps develop team collaboration with over 100 integrations and settings. You can create knowledge bases and help sites within minutes with an easy setup, and help customers find answers to more frequent questions. Also, you get absolute control over your viewership, and choose to make your site public or restrict access.

Features Offered by ProProfs

ProProfs enables team collaboration by creating different groups and assigning different admins, editors and other positions of responsibility to individuals.
ProProfs has an easy setup, and needs no software downloads, and can be accessible anytime at any place and any device.
It helps reduce customer emails and calls by furnishing them with self-help facilities, while allowing users to customize and brand the knowledge base according to their theme.
Secure controls of the knowledge base, retain employee knowledge and store it in an efficient manner, and centralize documents with analytics and reports.
ProProfs also offers various integrations including Zendesk, Salesforce, Google Analytics, Disqus among various others, for smooth functioning.

Pricing for ProProfs Knowledge Base

Free Plan	Essentials Plan	Premium Plan
Free plan offers users 20 Knowledge Base Articles	Costs $0.3 per page per month	Costs $0.5 per page per month
Allows for unlimited page views, with 1 knowledge base and manual	Allows for unlimited page views, with 1 knowledge base and manual	Allows for unlimited knowledgebases, manuals and, docs
Offers professional templates along with 1 author/editor	Offers branding, custom domain, version control, 1 author/editor, and 1 private site	Allows unlimited authors, private sites, along with roles and collaboration
This plan offers users 10 learners in Training makers, 1 operator and 1 agent for help desk	Offers basic help widget and integrations with premium customer support	Offers advanced help widget, integrations and onboarding and success manager

ProProfs Knowledge Management Software

FAQs

What is meant by knowledge management?

Knowledge management is the process of management and maintenance of an organization’s information and knowledge and makes the best use of knowledge. It is stored as a knowledge base so that it can be referred to in the future.

What is Knowledge management system?

A knowledge management system is an IT system or tool that stores and retrieves knowledge to improve understanding, collaboration, and process alignment. It helps in organizing all the organizational information and knowledge in the form of guided workflows, FAQs, articles, and more and makes it easily accessible for both internal and external customers.

May 14, 2021

A Complete Guide of Time Management For Entrepreneurs
If a genie grants a newbie entrepreneur three wishes, the first wish would be ‘please let there be more than twenty-four hours in a day’. Don’t ask me what the other two wishes will be. Probably getting enough time to eat a decent meal and wishing they knew then what they know now. Which is – having more than twenty-four hours a day is not the solution (Now you know so don’t make that wish when you become an entrepreneur and meet a genie).

And how do I know?

Believe me, I know, and I’m going to tell you exactly what I know. Stay tuned.
Time has been a nemesis of entrepreneurs since the profession was invented. Entrepreneurs are a community that generates a visual of impeccable suits and ties, posh offices, and how-could-I-forget a Rolex watch. But unless they’ve got their time managing skills nailed, you can imagine them with hair beating the likes of Einstein.

It took me a lot of research to comb through the numerous skills and tips for managing time. After sufficiently bombarding myself with information, I have understood that time management for entrepreneurs is made up of three aspects

How To Use Time
How Not To Waste Time
How To Save Time

Let’s dive deeper.

How To Use Time

Creating A Long-Term Roadmap

Every business starts with a vision. And then it requires a path with a timeline. Planning the steps ahead of time will help you achieve your goals in time. And that puts you ahead of your competitors who are stuck at the ‘vision’ part.

Breaking Down The Problem Into Tasks

Starting a project can be a daunting task. What helps is dividing it into a bunch of smaller tasks that are easier to accomplish. That gives a certain clarity as to what stage you are at and what needs to be done.

Prioritize

When you are at the starting stage, everything seems important. Meeting with investors, marketing strategies, and a million other things. Prioritize, to stay sane, otherwise, nothing gets done. Better one finished job than a million half-finished ones. Here are the prioritization and delegation matrix to put things in perspective.

Scheduling

Now that you have your tasks and priorities in place, it’s time to schedule. Set a time and a time limit for all tasks. Take care to not cram your schedule to the last minute. And remember to have some white space to accommodate unexpected events, like an extended meeting.

Scheduling

Brainstorming

This is the time allotted for ideation and problem-solving. This session must also be a part of your schedule. It is necessary to keep in touch with the creative side to keep from feeling frustrated by the mundane tasks. This is essential for optimizing how you operate the business.

Always Improve Strategy

Working smarter should be on the top of your mind. Improvisation is key. Seek inspiration from business people and their business strategies. Constantly evaluate and experiment with your plan to make it better. Don’t settle for mediocre results. Utilize the multitude of business software available to enhance strategy.

Reconnect With Your Why

There must be something that drove you to start your business. A passion for the work you do or the products you build. When the nights are long and you end up forgetting to eat one too many times, remind yourself of your mission statement to keep you going.

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Coordination is the essence of a company. Coordinating simply means to keep allthe team members organized and working towards one goal. It helps to keep thebalance between effectiveness efficiency of the team[https://startuptalky.com/tag/team-work/]. In fact, experts says that“Ineffective commun…

StartupTalkyYash Gupta

80/20 Rule

Remember when we discussed prioritizing? Known as the Pareto principle, the rule states “Twenty percent of the time expended on important tasks must give eighty percent of the results.” Do not spend your energetic hours on menial or trivial tasks just to check them on a to-do list.

How Not To Waste Time

Time Audit

Scheduling gives an idea of what your day looks like. But nothing accounts for minute time wasters like extended meetings or spending too much time on menial tasks. A time audit is a continuous evaluation of your working minutes that helps you track and eradicate those time wasters.

Time Audit

Reality Check

It is easy to get deviated from your ultimate aim. A little reality check from time to time sets you straight. Otherwise, you would be juggling a slew of tasks that might be completely irrelevant or unimportant (or both). And that is a waste of your limited time.

Remind Yourself Of the Consequences

An oldie but a goodie. Remember when our teachers threatened us with punishments? Now the time has come to threaten yourself- with failure. Beat procrastination. Don’t dream and put it off. Chase it. Better to face failure than regret trying.

Avoid Messy Spaces

Your mind is only as organized as your workplace. Make it a point to have an organized “everything”- your schedule, your work, even your wardrobe. Routine breeds efficiency. It also clears the mind for important tasks. Do not waste time on tasks that do not contribute to your goal.

Don’t Fix Things That Are Not Broken

I know I advised improving your strategy but that doesn’t apply beyond a point. Some methods are already at their optimum efficiency so fiddling with them is a waste of time.

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How To Save Time

Only What You Need

This strategy is a way of describing how the entrepreneur needs to absorb only the information necessary for the next immediate task. This leaves the brain singularly focused on the task at hand without worrying about anything else. Multi-handling may work but multitasking does not.

Mind Management

This is business-speak for meditation. Managing your mind is the art of keeping your goal in the foreground, the activities, and their implementation mid-ground and have a constant evaluation running in the background (of your mind). This always keeps things in perspective.

Technology As A Time Saver

This is the digital age! There is a horde of time tracker apps, productivity apps, software tools to track your progress, business tools, and so on. Use them! You need to make use of every advantage you get. And technology is a blessing for entrepreneurs if used right.

Delegate

You think someone in your office is better qualified to do a task? That he/she can do it in half the time or with half the effort? Delegate! No shame in admitting someone else can do it better. In fact, the best of entrepreneurs hire smarter individuals because he/she needs them to fulfill his/her vision.

Delegate

Automate

If certain tasks display certain patterns, then automate. Replace routines with technology. If someone books a ticket, send an automated confirmation message and NOT a personally typed thank you letter.

Outsource

Some firms specialize in certain aspects of entrepreneurship such as advertising or accounting. If any such activities are more than you can handle, outsource. Yes, it costs you but it may be a good investment in the long run. Outsourcing leaves you free to focus on the core of your business.

Outsource

Attach Anticipated Results

Know what to expect from a certain event. The work is half-done when you know the result. Have a meeting? Write down its purpose and the goal to be achieved. Meeting an investor? Repeat to yourself- convince and snag the money. Having a clear goal for every action you take will get you a greater sense of clarity.

Always beware of the time thieves. They do their job so well because they have your full cooperation. Don’t lose time to anything that does not push you closer to your vision. But all the same, put aside a little ‘me’ time to reflect on the progress made and treat yourself. That break will help you resume your pursuit of dreams with renewed vigor.

How to Effectively Divide Work in Team | Work Allocation

Everyone has worked as a part of a team at some point in their lives. Many havealso headed a team. The concept of working as a team is to get a project done ina lesser time but if the team management[https://startuptalky.com/tag/time-management/] is not done properly, even ateam of the most inte…

StartupTalkyShubham Kumar

FAQs

What is time management?

Time management is the process of planning and exercising conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity.

What are time management skills?

list of the most important time management skills:
- Prioritizing
- Delegation
- Decision-making
- Goal setting
- Multitasking
- Problem solving
- Strategic thinking
What are the five time management techniques?

5 essential time management techniques:-
- Be intentional: keep a to-do list
- Be prioritized: rank your tasks
- Be focused: manage distractions
- Be structured: time block your work
- Be self-aware: track your time
10 Best Tips for Building an Amazing Freelance Portfolio

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StartupTalkyPiyush Mishra
May 14, 2021
Grow as an Entrepreneur in the College for Successful Future
To become a successful entrepreneur, one needs to dedicate time and energy to a business venture. Starting working on business gives a lot of time to know the in and out of business. But it takes willpower to start a business at any age as starting your first business while still in school is quite challenging. Balancing schoolwork and the entrepreneurial dream are often troublesome for students. But if you follow the right steps, starting a business in college can be easier.

If you want to grow as an entrepreneur while in college, one needs to take appropriate steps. In college, an aspiring entrepreneur can learn the tactics and develop their network. You will have an opportunity to interact with all kinds of entrepreneurs and professionals in the market while in college, which helps you guide on how to start business in college and the journey forward.

The world’s biggest names share more than just a few enviable accomplishments. Be it Mark Zuckerberg, Larry Page, Sergey Brin or Bill Gates. They all are billionaires who they made their fortune in the technology industry, as an entrepreneur in college when they started their business. They are living proof that you don’t need to be a graduate to start your own business.

But if you’re contemplating on becoming an entrepreneur in college, then you should have a plan. Like any other venture you undertake, planning is a must. Research is the key to a successful planning. So, here are some tips on how to start successful entrepreneurial journey.

7 Tips to Start Your Business in College
7 Tips to Start Your Business in College

More than 80% of students interested in starting their own business do not have the experience or the knowledge to do so. If you think of joining entrepreneurship classes, they teach an orthodox lesson “make it work the first time or it’s not for you”. Contest and classes generate a feeling that the first venture of the students is the one and only chance to prove themselves as an entrepreneur. Instead, they should teach to plan, apply, fail and repeat the process again until they get success. To be an entrepreneur in college is a tough journey but it is a matter of time which will be fruitful as per your hard work.

Pay Attention

When still in college pay attention as well as make the most of your time with your educators. While colleges have the duty to connect students to mentors, offer real-life experiences and send employable graduates into the workforce, students have the duty of making sure that they get the most out of their college investment as after college these mentors or experts are called consultants and will charge for the same information.

Assess and Weigh Your Own Abilities & Disabilities

Don’t rely solely on the entrepreneurship classes make your own evaluation regarding your skills knowledge and the goals you want to achieve. Rather than relying primarily on classes or in-house competition good entrepreneurship programs give leverage to local entrepreneurship communities for an internship, workshop and speaker events. The more you will know about your abilities and disabilities the better you’ll be able to maneuver yourself.

30 No Investment / Low Investment Business You Can Start in 2020

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Find Business Ideas That Suit You

Research the market thoroughly for the business idea which will suit you best. Your idea doesn’t have to be a million dollar idea to start with. Let’s say it’s an application which links the customer’s credit card and allows them to get grilled pizza delivered to their hotel rooms or paying guest accommodation with the click of a button.

Test Your Idea

The main mistake that new entrepreneurs make is putting a lot of time and money into ideas that are bound to fail. One of the reasons this happens with entrepreneurs is because they work and exist in isolation once they set up their businesses. Favorably you are still in college, surrounded by smart people whom you could ask for suggestions. If your business idea is fairly inexpensive you can make a rough scaled down version of it and test it out. Say in the case of the grilled pizza app, you can hang flyers and hand out the telephone number and see if somebody calls.

Research Your Competitors

Have knowledge of your competitors. You can add features to your product or services that your competitors do not have. This way you will get more leverage for your product or service. This is the strategy that is generally used by any competitor company.

Search for a Suitable Mentor

One of the most important and valuable assets an entrepreneur can have at any given age is a business mentor. A business mentor is a person who has functional knowledge and who is ready to offer his/her advice, guidance and support to run your business and help speed up your success.

Use your Status as a Student for Leverage

Finally, use your status as a student who is starting something cool to get tons of leverage and publicity. Start out by approaching your local radio station and newspaper. You can use the internet also in many ways for your promotion.

Best ways to find Business Ideas

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FAQs

What business can a college student start?

You can start a business of anything from sales & marketing copy, SEO content, essay writing, academic papers, or even simple proofreading.

How can I start my own business with no money?

Choose a small business idea with low startup costs. If you still don’t have enough money, you can finance your business idea through crowdfunding or investors.

How to start a college business?

Six steps to launching and growing a profitable business before you graduate college:
- Step 1: Create a customer base
- Step 2: Build an inexpensive prototype
- Step 3: Create a simple one-page website
- Step 4: Find your audience and get in front of it
- Step 5: Keep your audience engaged
What are the most successful small businesses?

list of most profitable small businesses
- Personal Wellness
- Courses in Other Hobbies
- Bookkeeping and Accounting
- Consulting
- Graphic Design
- Social Media Management
- Marketing Copywriter
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Top 10 Self-Driving Startups in India to watch out for in 2021

In the tech industry, self-driving cars are the most popular topic and the much-talked topic in the recent years. While the global players such as Tesla are trying to bring this on-road and have also released few self-driving vehicles while India is not lagging behind and has startups already working on this self-driving technology. Let’s look at the Indian startups that are working towards self-driving cars in the country.

Fisheyebox
Flux Auto
Netradyne
ATImotors
Hi Tech Robotic Systemz
Swaayatt Robots
SeDriCa 1.0
OmniPresent Robot
Auro Robotics
Playment
FAQ

Fisheyebox

Fisheyebox is a tech startup which is located in Kolkata, India. The company is focused on creating self-driving cars for a low budget of around INR 20 lakhs. Their main aim is to create self-driving cars with comparatively low-tech using sensors, cameras and antennae in order to present a modified version of the car to the world.

Their car can be controlled with a joystick and has features such as voice recognition and software voice commands such as “start engine”.

Flux Auto

Flux Auto is a tech driving startup which is based in Bangalore, India. They are focused on developing the self-driving technology on the existing and new commercial vehicles. They convert or transform a normal truck into a driverless truck.

The team is focused on developing the vehicles at a much more lower cost is expecting the budget to remain between USD 3,000 – USD 4,500 which will vary according to the requirements of the customers.

It is a 16-member startup which was founded by Pranav Manpuria

Netradyne

Netradyne is an Artificial Intelligence startup which is based in Bangalore, India and San Diego, the US. The company uses Artificial Intelligence to improve the safety of drivers and roads. They offer a camera which will help in analyzing the driving patterns and would find out the cause of the accident.

The device developed by this startup is Driveri which has a size of a bar of soap and will be attached to the rear view mirror and on the inside of the windscreen of the vehicle.

The startup was founded by Avneesh Agarwal who was the former president of South Asia and India for Qualcomm Inc. and David Julian who was the principal engineer of an US based chip maker.

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ATImotors

ATImotors is a Bangalore based startup which focuses on designing self driving cargo vehicles with a major focus on the market outside India. The startup is focusing on making a new kind of vehicle which they internally call as mule. They have decided to take a road which has never been taken before.

It was founded by V. Vinay, Saurabh Chandra and Saad Nasser.

Hi Tech Robotic Systemz

Novus Drive

Hi Tech Robotic Systemz is a smart robotics startup which has its headquarters in Gurgaon. The company is focused in taking self-driving cars in India to a higher level. For the Auto Expo Motor Show 2016 in India the company had launched a completely autonomous electric vehicle named Novus Drive.

The company also offers services in Machine learning, motion planning and control, sensor fusion, computer vision technologies and so on.

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Swaayatt Robots

Swaayatt Robots is a technology-based startup which is focused on developing self-driving on road and off-road cars. They use technologies such as LIDAR and RADAR redundant in making cars for working in the extremely difficult traffic situation and unstructured environmental conditions like India.

The company is currently using a Mahindra Bolero in testing the technologies. The company is founded by Sanjeev Sharma who is an alumnus of IIT Roorkee.

SeDriCa 1.0

SeDriCa 1.0 is an autonomous driving vehicle which was developed by the innovation cell of IIT Bombay. They had secured the fourth spot globally for the Intelligent Ground Vehicle Competition (IGVC) during the year 2016.

The team is planning to focus on bringing in some more features in the vehicle by adding GPS/INS, stereo cameras and LiDAR to gather information on the immediate environmental conditions.

OmniPresent Robot

OmniPresent Robot is one of the leading robotics providers in India. The company is widely known for building drones for industrial inspections other than that it also working continuously on developing an autonomous car.

The company other than the normal features and techniques is also trying to introduce Machine Learning and Deep Learning into their car in order to increase the performance of the vehicle.

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Auro Robotics

Auro Robotics is another robotics provider of India which was started by the alumni of IIT Kharagpur. The company is working on a self-driving shuttle which is currently undergoing campus trials which is running in the University of Santa Clara.

The main aim of the company is to come up with driving solutions by providing end-to-end self-driving shuttles in college campuses, residential communities, private road settings and corporate parks.

Playment

Playment was founded in the year 2015 and is based in Bangalore, India. The company is developing a self-driving car with the help of radar, LiDAR and camera. The company has secured investments from YCombinator, Silicon Valley just to name a few.

FAQ

What cars are self-driving today?

Tesla Model S, Cadillac CT6, Nissan Rogue and BMW X7 are some of the top self-driving cars.

What is the cheapest self driving car?

Ford Fusion, Honda Accord, Toyota Camry, and Toyota Prius are some of the top affordable cars with Self-Driving Features.

What is the most advanced self-driving car?

Honda has the world’s most advanced self-driving car – the Honda Legend with Level 3 Autonomous Driving.

Conclusion

Self-driving cars are expected to be the new normal in the next few years. Even though there are concerns by the global companies about Indian roads and traffic, the Indian startups are working towards solving the concerns faced by the global tech giants.

May 14, 2021
Ultimate Guide to Create an Email Newsletter for Business
The email newsletter is one of the powerful digital marketing tools. If you are struggling with retaining your existing customers or not able to convert your warm prospects, then start using Email Newsletters. Creating best email newsletters can be helpful for keeping audiences in the know and also in gaining traffic. Here’s all you need to know about how to create newsletter.

According to a survey, 93% of B2B marketers use email to distribute content & 83% of B2B companies use e-newsletters as part of their content marketing program. Best newsletters help you create a good customer base. Check out this article to know everything about email newsletters and creating the best startup newsletters.

Before proceeding you may like these 100 Proven ways to Generate Leads for your Business

What Are Newsletters?
Designing A Newsletter
Steps To Design An Attractive Newsletter
Benefits of Newsletters
Some Important Points
Some Apps To Send NewsLetters

What is a Newsletter?

What is a Newsletter

Newsletters are some periodic letters (including emails) that are used for advertisement or to send offers to the subscribed users. They are an important part of any business, almost every website has newsletters these days.

If you don’t influence a big group of people, then you are not doing business, and if there is no group at all, then you have to make one. That’s what newsletters do, they make a society that has similar interests. Let’s see how important are newsletters for the business and how to create them.

Designing a Newsletter

Before knowing about the importance of newsletters we need to know how to design them, make them look attractive and write content that is crisp as well as gripping. A good newsletter should have good graphics and the graphics should be relevant to the product or service that is being advertised by the organisation.

Steps to Design an Attractive Newsletter Template
- The first step is to figure out the purpose of the newsletter. Why it is being sent? Which purpose does it serve? How it is relatable to the customers and how it is going to generate more leads? All these questions need to be answered before creating the newsletter.
- Collect all the content required for the newsletter. Make sure it is as relatable as possible to the audience. If the audience can’t relate to your newsletter then it will be a misfired shot and in this competitive generation you cannot afford to miss any opportunity to grow.
- Now, make sure you know how you want your newsletter to look. So choose a template accordingly. Keep in mind the amount of content that is going to be on the newsletter, the graphics and the company’s contact information. Company’s contact information should not be missed, it is an important part of any newsletter.
- Set the size of the newsletters. For most of the provider, the default newsletter size is 600 pixels with which email body padding another 30 pixels wide on all sides. So, check whether your content fits there or not and then make the adjustment according to it.
- Add the content, graphics and all the other information to the template that you chose for your newsletter. Then edit it accordingly. For more effectiveness, add personalized token and other smart content.
- Choose the subject and sender name. Also, make sure that the newsletter is supported with alt text (It appears when a picture isn’t loaded as plain text).
- Now, check whether it is legally compliant or not. The two biggest laws that need to check are CAN-SPAM (The Controlling the Assault of Non-Solicited Pornography And Marketing Act) and GDPR (General Data Protection Regulation).
- Test with some service providers and email providers before sending out the newsletter.
- Now, send the newsletter to subscribers and evaluate the response.
Example of Email Newsletters Template

Benefits of Newsletters
- Attracts New Customers: You can’t run a business from your old customers only. You definitely need new customers. Newsletter let you connect with your new customers.
- Identifies Potential Customers: Newsletters let you know who your potential customer is. When new people visit your website and they subscribe to your newsletter, that means they are impressed by your product or website. There is a strong possibility that they will buy your product.
- Helps in Promotion: Now when you know who is your potential customer, you can start preparing to sell some stuff. You can promote your products in your newsletter. People will love to buy products from you. Even if they don’t check your product out in first chance, you can use Google’s strategy. Just keep promoting your products in the newsletter for some days. Eventually, they will check it out.
- Increases Brand Awareness: Newsletters helps to increase brand awareness. If people read your newsletter daily, they will think about it and which means they are aware of your brand. They may also tell about it to other people, and that will increase your brand’s awareness even more.
- Establishes Relationship with Customers: Newsletters establish relationships with your customers. As newsletters have to be periodic, they will know when you are going to send them a newsletter. Some of them might even wait for it. So,in one or the other way, you are in a good B2C relationship with your customers because of the newsletters that you send them.
- Grows Contact List: Providing an option of newsletter subscription will increase your email list. When someone subscribes to your Newsletter you get their email address and you can add it to the email contact list that you can use for other email marketing options.
- Generates Leads: You will get an early estimate of the people who might be interested in your website or your product because of newsletters. Eventually, after so much promotion, targeting customers, brand awareness and establishing a relationship with your customers, people will buy products from you. Therefore, newsletters are a great way to generate leads.
These were some benefits of newsletters. You can now decide whether you need a newsletter or not. In case, you have decided to include one on your website, here are some things to remember.

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Some Important Points
- Attractive Headline: Write a creative and catchy headline in your newsletter. People will ignore your email if you too write like others. Don’t just be different, be unique.
- Take enough Time: Take your time researching about the “time” most of your audience will be free at. Schedule your newsletter at the best time. If possible, conduct a survey on your website asking this to your visitors.
- Include Unsubscribe Link: The most important tip for your newsletter. It can be really frustrating for people who don’t like the newsletter and there is no option of “unsubscribe” at the end of the article. Hence to avoid such situations provide an “unsubscribe” link at the end of your newsletter.
- Include Call To Action: Call to action is an important factor for your newsletter. Include a strong Call To Action so that people can interact with your newsletter and website.
- Terms & Conditions: No one ever clicks that link and reads the full content, but the terms and condition’s link are important at the end of your newsletter. It will save you from getting into legal complications.
- Reward: Provide some rewards to your subscribers. You can give away your own products, some discount coupons or some other rewards you can think of. People will always read your newsletter if you some type of rewards are included in them. If you can’t afford rewards for everyone, then you can use a lucky draw system to choose random subscribers.
- Provide the content which is in the context of the website: You are designing a newsletter to attract people to your website and if your newsletter doesn’t talks about your website then how will they get interested in your website.
- Not just Advertise: Don’t just send out a newsletter consisting of only the advertisement as the sole content. The newsletter should be the proper mix of both advertising and content.
- Personalized Content: Write as if you are writing personalized content for each of the subscribers on the mailing list. The information should be easy to grasp, relatable to the customer and should makes them feel connected. If you miss any of these points then the effectiveness of your newsletter will decrease respectively. Make your subscriber feel special, like you care of every single one of them, even if the same newsletter is being sent to everyone, they should feel that it was customized for them.
- Use Automation: Use apps that can send the newsletter for you. Sending newsletter too all your subscribers is a task that can be done through some third party application
These were some tips you can and you should use while designing a newsletter.

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Some Apps To Send Newsletters

These applications can be used to send the newsletters for you. Few of these applications are free whereas most of them charge some fee for doing the task of sending newsletter to your subscribers.
- Mailchimp:– It allows you to send 12,000 emails free of cost to a list of size up to 2000 subscribers.
- Benchmark:– It charges $11.95 per month for unlimited emails to a list size of 600.
- Campaigner:– It charges $19.95 per month for a list size up to 1,000 subscribers.
- Getresponse:– It charges £10 per month for a list size of 1,000.
- Mailjet:– It starts at 200 mails per day for free, then 30,000 emails per month for $7.49.
- Mailup:- The price depends upon the speed. The more mails you want to send per day, the more is the charge.
Conclusion

The newsletter is important not only for big companies but for normal bloggers too. Newsletters are a smart way of knowing about your potential customers and then sending them advertisements and offers that may attract them to your website. Try adding it and see the results.

However, success can not be guaranteed in this one too just like all other ways of marketing, but if you do it right, then newsletters can increase your conversion rate and sales.

FAQs

What is a newsletter?

Newsletters are some periodic letters (including emails) that are used for advertisement or to send offers to the subscribed users. They are an important part of any business, almost every website has newsletters these days.

How does a newsletter work?

A newsletter is an email sent to our subscribers informing them about the news related to the brand. They are normally sent on a regular basis. Basically, it is an informative email that we send to our subscriber list.

What is a newsletter used for?

A newsletter is a tool used by businesses and organizations to share relevant and valuable information with their network of customers, prospects and subscribers.

How to create a business newsletter or how to design a newsletter?
- Figure out your newsletter’s goal
- Gather your content
- Design your template
- Set your email newsletter size
- Add in your body content
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There can be a thousand reasons why you would want to make an impressive portfolio. You might be looking for a job, an internship or simply you want toupdate it to include all of your latest projects. No matter what your purpose isit is too important to build your freelance portfolio to land high…

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Tips to Attract Investors To Your Business
Fundraising is a tough nut to crack for many startups. But with a growing startup ecosystem, networks connecting the investors and the entrepreneurs are increasing exponentially.

According to a report, 65% of entrepreneurs admit they were not fully confident they had enough money to start their business. Here are some practical tips from various investors and successful entrepreneurs which might attract investors to your business. It can help you raise investments to scale your business.

Have An Effective Business Plan Ready
Make Yourself Available On Online Portals
Establish Your Network
Present With Confidence
FAQs

Have An Effective Business Plan Ready

Business Plan to Attract Investors To Your Business

An investor is always interested in the business plan apart from an idea. An idea might be unique or innovative but a business plan is what makes it effective. Your business plan must include details about your target audience, sales forecast for coming years, a problem which you are going to solve, go-to-market strategy and your plan for scaling the business. A most important factor to keep in mind is the uniqueness of your product. In other words, how different is your product and what are the existing problems it is catering to?

Presenting your business model through figures and block diagrams might prove fruitful and productive. One suggestion which many people from the ecosystem advice is, to keep things simple and not to complicate them. Keep your business model realistic, logical and rational. You can also take the help of analytics to derive conclusions about specific grey areas where your product can actually bring a positive impact.

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Make Yourself Available On Online Portals

In this age of internet and digital era, having a virtual reach proves to be more productive. Create an account on different social media platforms to maximize your reach. An account on platforms like LinkedIn, Indian Angel network, Quora might also prove useful. If possible maintain a blog, in which your experiences, data, analysis, viewpoints can be published, this would help connect more people with value adding benefits. You can also entertain guest posts from experienced industry people. This might help to attract investors to your business. Whenever a potential investor visits your profile and sends you a connection, accept it and take no time to initiate a conversation with him. The biggest advantage of these sites is, you can follow investors who invested in companies similar to yours and can also track your rival companies. On the other side of the coin, if not handled properly, it might deter your image in a few seconds.

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Establish Your Network

Build Network to Attract Investors To Your Business

“Your network decides your net worth”, a popular saying in the startup world. Before approaching an investor, it is always advised to note down at least 40-50 potential VCs and AVs. To start this, interact with other fellow entrepreneurs who work in the same domain as yours. Interact with successful businessmen and entrepreneurs to know their strategies, mistakes, and experiences. Discuss your idea briefly, business model and finance with them, if any suggestions come from their side, accept it gracefully. Ask them for further contacts, discuss with those contacts and build a network around you. This type of interaction will surely help you in finding potential customers, partners, co-founders, and investors.

Draft a basic email which can be used for contacting different investors via email. Don’t shy away from emailing or contacting. Don’t depress or demotivate on listening to a ‘NO’, because being an entrepreneur one must be immune to rejections.

Present your business idea to your close friends and family. Let them try out your product (if there) and note down their suggestions and reactions. After launching a product or a service, tell your close acquaintances to refer it in their vicinity. Initially, the conversion rate might be very low but marketing is the key. Generally, mouth to mouth marketing is more effective than door to door. If any consumer mails or messages you, reply to him/her and thank them for using your product. Nowadays, building a virtual network is more important than building a physical one.

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Present With Confidence

Confidence is one ingredient which defines or defies a person from success. While presenting your idea and business model it is advised to keep cool and calm. Before presenting in front of an investor, do proper research on that investor. Catching up with mutual contacts or acquaintances also might prove useful.

Moreover, check his previous investments for their respective domains and ideas along with the total investment committed and the amount of stake asked in return.

Some points which will contribute to your confidence:
- Emphasizing on why one should invest in your startup along with your short and long term visions will help to grab the attention of investors.
- Always focus on short and crisp PPTs, well illuminated with pictures, diagrams, charts, tables and bullet points. Refrain from copying and focus more on originality.
- Another point to be noted is, always be proud of your idea and never ever doubt yourself, your team or the idea.
- Be more optimistic and don’t get panicky.
- Answer all the questions in a simple manner, don’t let your one answer counter another. Stick to the basics, your idea, your vision, and your current scenario.
- Don’t bluff or speak unwanted things.
- Keep yourself open to suggestions and don’t be afraid to speak up if any suggestion or advice overlaps with your ideology or ethics.
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FAQs

What does an investor want in return?

Generally, investors want to see an expected return on their investment. Investors want to get their money back with an annualized internal rate of return. Investors are interested to invest money into growing businesses so that they can make money.

How do investors get paid?

Investors get paid according to a preferred way which is settled between the startup and investors. They can be repaid on a straight schedule, they can be paid back based upon their percentage of ownership, or they can be paid back at a preferred rate of return.

Conclusion

Finding investor is not that tough job if you know about pitching. If you can show better, they will invest better. However, each and every investor have his own way of dealing with entrepreneurs. Some invest in the startup idea, some invest in the business plan, whereas some invest in the team. So, you either need to get better in all the aspect or pitch to the investor which suits you the most.
May 14, 2021
Univariety – Providing Knowledge and Guidance to all Indian Students
As per the 2018 census, India has a population of 135.26 crores. Of these 135.26 crores, approximately 25 crore students live in India. There are a lot of students out of 25 crore who are worried about their studies and their career path. Many don’t know what to do after they complete 10+2. Management problems also face many students at times. Univariety is the app that provides guidance to the students concerned. Guidance related to their careers as well as choosing colleges through various tools, counselling, etc.

Read the Univariety success story below to know more about Univariety Funding, Business model, Growth, revenue, competitors and more.

Univariety – Company Highlights

Startup Name Univariety

Headquarters Hyderabad, India

Founder Jaideep Gupta

Founded 2011

Total Funding $3 Million

Sector EdTech

Website univariety.com

Univariety – About
Univariety – Founder And Team
Univariety – Business Model
Univariety – Tagline And Logo
Univariety – Funding And Investors
Univariety – Competitors
Univariety – Growth
Univariety – FAQ’s

Univariety – About

Univariety is a unique guidance platform for students. It offers the schools an unparalleled service experience in the form of a comprehensive career and college guidance solution for the students, counsellors, parents and also the school management system. Univariety aims to be a marketplace with students in the centre for the college admission process. It’s the leading career counselling and college guidance platform for schools. The mission of the company is to help the students to get admitted to their dream university.

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Univariety – Founder And Team

Jaideep Gupta is the founder and CEO and Varun Aggarwal is the COO and Co-founder of Univariety.

Jaideep Gupta Founder & CEO, Univariety

Jaideep Gupta is the leader to drive the force behind the scenes. He pursued his BBS in Finance from Delhi University. Then he did his MBA in Finance and Strategy from the SVKM’s Narsee Monjee Institute of Management Studies. He worked as a Derivatives Trades Analyst at the GE Corporate Treasury. He was also selected to be a part of the premier leadership program. He also worked as the Associate Director at Ernst & Young Corporate Finance. He was selected as the Senior Manager & Area Director and Vice President for a few years. Presently he is at Singapore working at Univariety.

Univariety – Tagline And Logo

The tagline of Univariety is Discover and be discovered.

Univariety logo

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Univariety – Business Model

Univariety collects a fee for connecting the capable students to the universities. Each program has different modules specifically designed for the different types of students. Their programs are divided into ages or classes of students, and also have different programs at different prices. There are programs starting at Rs. 2,000 and going up to Rs. 1,225,000. Students can also take various types of tests in order to get the best guidance. Business management is a very important thing here. Relevant knowledge, essential skills are necessary to understand the economy.

Univariety – Funding And Investors

Univariety has raised a total amount of $3 Million in funding over the 2 rounds. It is funded by Info Edge.

Date Transaction Name Money Raised Lead Investors

March 21, 2020 Corporate Round $1.1 Million Info Edge

December 20, 2017 Series A $1.9 Million Info Edge

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Univariety – Competitors

The top competitors of Univariety are GetmyUni, MapMyTalent, CareerGuide, CollegeBol, MINDLER, CollegeSearch, and Careerfutura.
- GetMyUni is a platform where students can apply to get admitted into top colleges of India. It also gives details about the fees, courses, scholarships, placements and reviews.
- MapMyTalent is a career counsellor expert that offers guidance based on scientifically designed Aptitude Test.
- CareerGuide provides instant career guidance to the students. It also enables users to browse career options.
- CollegeBol is a platform that helps the students to select a college. Based on the course wise reviews and ratings. These are given by the former or the current students of India.
- MINDLER helps the students to find the perfect career, college, stream and courses. It takes the help of India’s best counsellors to perform the task.
- CollegeSearch provides information to the students about universities and examinations. It also helps the students to compare colleges and universities.
- Careerfutura provides career counselling in an innovative way. It also provides the Aptitude Test to the students.
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Univariety – Growth

The journey of the company began in 2011. In between the years 2015-16 the company crossed 100+ partner schools. In between the years 2016-17 the company again crossed 350+ partners school mark. In between the years 2017-18 the company became a proud addition to the Info Edge Private Limited family. Info Edge will invested twice in the span of 3 years. Usually, the company uses the fund to make its tech stack strong and increase its customer base. Univariety’s alumni network includes 75000+ students, over 350 partner schools, and more than 200 active universities. Univariety has conducted more than 50,000 Psychometric Tests. Over 1,50,000 counselling sessions have been conducted. Univariety’s growth can be seen in these statistics.

Almost everyone dreams about a golden career of their own after 12th boards. Some of the students get confused. Some remain excited. But these all are a part of the journey. Univariety was always there and is still with the students to help them find out the best. It helps the students to chalk out their career and choose a stream. They prepare the students for the admission procedure to get them flexible for any kind of interviews that would take place in the future.

Univariety – FAQ’s

What is Univariety?

Students are guided at Univariety, a company that’s mission is to help them get into their dream university.

Who is the founder of Univariety?

Univariety was founded by Jaideep Gupta in 2011.

What is the total funding o Univariety?

The total funding of Univariety is $3 million.

Who invested in Univariety?

Info Edge are the investors in Univariety.

Where is the headquarters of Univariety?

The headquarters of Univariety is in Hyderabad.
May 13, 2021
Reason Why Tesla has suspended vehicle purchases using bitcoins

Recently Tesla had announced that it would accept the cryptocurrency bitcoin as a payment method for the purchase of their electric vehicles. But now the company has announced that it has suspended the use of bitcoins for the sale of its electric vehicles. Let’s look at the reason why Tesla stopped accepting bitcoins as a payment for their electric vehicles.

Tesla suspends Bitcoin payments
Environmental harm through Bitcoins
The solution
FAQ

Tesla suspends Bitcoin payments

On 12 May 2021, Tesla had announced that it would stop accepting bitcoins for the purchase of its electric vehicles. This update was conveyed by the CEO of Tesla, Elon Musk just after a month when the company had announced that it would start accepting bitcoin as a payment method.

Tesla & Bitcoin pic.twitter.com/YSswJmVZhP

— Elon Musk (@elonmusk) May 12, 2021

Elon Musk had shared a statement on Twitter that conveyed the message saying that the move from the company is suspending bitcoin as a payment method is due to environmental reasons. He added that as a result, the company will no longer accept bitcoins as a payment method for their cars.

The statement shared by Elon Musk reads the message which says Cryptocurrency is a good idea based on many levels and we believe that it has a great potential and future. He added that but it cannot come at a great cost for the environment.

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Environmental harm through Bitcoins

The environmental harm mentioned by the company refers to the emissions that are generated because of the use of fossil fuels for the mining of bitcoins. Tesla has conveyed that they are concerned about the increased continuous use of fossil fuels especially coal for the transaction and mining of bitcoins. Coal is considered to have the worst emission compared to any other fuel.

The underlying reason is that bitcoin mining requires a huge amount of computing prowess which is usually met by computers that are really powerful with the latest features. The increase in the popularity of bitcoins and cryptocurrencies has led to an increase in the mining of these digital coins which makes it harder for the miners and they would opt for more powerful computers.

This in turn increases the operations as well as the consumption of the energy through fossil fuels. These machines will require a lot of electricity for their running. It is noted that bitcoin mining operations around the world collectively use around 120 terawatt-hours of energy in one year. This is equal to the energy that is consumed by an entire country.

Some of the environmentalists have been informing about the environmental harm caused due to the increase in cryptocurrencies for a very long time. The situation for the environment is expected to get worse as days passed and Tesla has apparently realized this fact.

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The solution

The point which should be noted is that cryptocurrencies are considered to be bad for the environment only if it uses the electricity that is generated through fossil fuels. If the energy that is used to mine the cryptocurrencies are generated through coal it is expected to have a huge impact on the environment.

It is to be noted that if the same amount of energy can be provided or generated through solar energy, the impact on the environment will be neutralized and cryptocurrencies will no longer be a harm to the environment.

Tesla had already provided a hint about this solution in its statement. They had mentioned that the company is planning to use its USD 1.5 billion worth of bitcoins in the future only when the energy is generated through a sustainable source.

This means that if the environmental conditions are met, the company is more likely to start accepting bitcoins as a payment source in the near future.

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FAQ

Does Tesla accept Bitcoin?

Tesla CEO Elon Musk said the car company will no longer accept Bitcoin as a payment for car purchases.

How many Bitcoins does Tesla have?

Tesla holds around 38,300 Bitcoin that cost around $1.329 billion.

Why is Tesla not accepting Bitcoin?

Tesla has suspended vehicle purchases using Bitcoin due to climate change concerns, its CEO Elon Musk said in a tweet.

Conclusion

Tesla is said to be looking for another cryptocurrency that uses only 1 % of the energy used by bitcoins for transactions and operations. The new Tesla payment option for the buyers shall be the cryptocurrency if it is to double down on one.

May 13, 2021
Reasons Why India saw growth surge in Exports and How does it affects Economy

The exports of India during the month of April have seen a significant rise. Experts have said that it is mainly due to the low base effect caused by the Covid-19 pandemic. Let’s look at the reasons for an increase in the exports of the country.

India’s Exports figures
Increased Demand for Products
Imports Data
Further Estimations
FAQ

India’s Exports figures

The exports of India during the month of April have increased to up to 197 % due to the low base effect. A Low base effect is a small change from an initial amount which would be translated into a large percentage change.

The Covid-19 lockdown during the previous year had temporarily stopped the economic activity which has led to the merchandise export of India which nearly increased three times to USD 30.21 billion over the same period year.

The exports have seen an increase of 16.03 % compared to the previous year that is 2019. This indicated that the low base was also supported by an increased demand in the first month of the fiscal year.

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Increased Demand for Products

The increase in exports during April was mainly increased due to the demand for products such as petroleum, gems, jewellery and engineering products. The latest data has shown that the increase in the cases due to the second wave of Covid-19 and the lockdowns in the country in different regions have not affected the demand for the products.

In the month of April, the value of exports from non-petroleum goods has increased by 200.62 % of up to USD 26.85 billion when compared to April 2019 which was USD 19.44 %. There has been an increase in the value of non-petroleum, gems and jewellery products compared to April 2019 of about 19.89 % which led to an increase of 164.28 %. The imports have amounted to USD 23.51 billion.

Oil imports for April 2019 have amounted to USD 10.8 billion which is an increase of 132.36 % on a year-on-year basis. However, when compared to April 2019 there was a decrease of about 6.62 %.

India Exports by Country in Feb-21

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Imports Data

The preliminary data from the Ministry of Commerce and Industry has shown that there has also been an increase in the imports of the country. In the month of April, the merchandise imports of India have seen an increase of 165.99 % which is at USD 45.45 billion.

The import of shipments when compared to April 2019 has seen an increase of 7.22 % from USD 42.39 billion. This has resulted in a trade deficit in the country which has increased on a year-on-year basis of 120.34 %.

The increase in the imports was mainly due to the increase in demands for gold and petroleum products as well as electronic goods according to the received data.

Further Estimations

Sharad Kumar Saraf who is the President of the Federation of Indian Export Organizations (FIEO) has conveyed that the impressive growth in exports has made it clear that the order booking position of the exporters of the country is extremely good and it is estimated that the gradual improvement of the situation of the country is expected to increase the exports.

He added that even though there is an increase in exports, the increase in imports and the huge widening of the trade deficit is a concern that should be looked into.

Mahesh Desai who is the chairman of the Engineering and Export Promotion Council of India (EEPC) has said that the recent increase in the Covid-19 cases has increased the risks on the growth and said that the country remains hopeful for the recovery during the year.

He added that the lockdowns and night curfews imposed by various states would create problems regarding to logistics and the workforce in the country.

FAQ

What are the main exports of India?

India’s major exports included petroleum products, gems and jewelry, and drug formulations.

What are India’s traditional exports?

Gems and Jewelry is at the top exporting commodities from India.

What is the rank of India in exports?

India ranks 19 in countries with most number of exports.

Conclusion

The World Trade Organization (WTO) had changed their projection in regards to global trade volume and has an estimation that there would be an increase in the global trade volume by 8% in the year 2021. This may lead to an increase in the exports in India.

May 13, 2021