The Food and Drug Administration of the United States has announced a plan to ban menthol cigarettes and cigars with flavors by next year. Let’s look at why the FDA is planning to ban menthol cigarettes in the country.
On 29 April 2021, the United States Food and Drug Administration had announced its plans to ban the menthol cigarettes and the cigars with flavour additives within the next year.
Xavier Becerra who is the secretary of the Department of Health and Human Services (HHS) had said in a statement that the science-based decision is the reflection of the administration of Biden in order to commit towards the improvement of the health of all Americans.
He also added saying that this step will help to tackle the differences in health in the most marginalized communities.
Reason for the Ban
In the United States, Menthol is the only flavour that is allowed to be used in cigarettes which are marketed in the country according to the 2009 Tobacco Control Act (TCA). The main reason for the ban of Menthol Cigarettes is a step taken by the agency to try to take action to reduce the addiction to tobacco and to reduce the deaths related to smoking.
In order to achieve the above goal, the Food and Drug Administration believes that the ban on menthol cigarettes would help. There are strong pieces of evidence that the ban on menthol cigarettes will help people quit smoking.
The FDA said in a statement that certain studies show that menthol increases the need for tobacco and it also leads to regular smoking, which is particularly seen in the youth and the young adults. The agency had further added saying that the menthol cigarettes will cover the unpleasant flavours and the harshness of tobacco products which leads to an increase in their consumption.
In certain studies, it is found that there are more blacks for the use of menthol cigarettes. According to The New York Times, since the year 1950, the menthol cigarettes have been marketed to the smokers of the black community in the United States.
According to a report that is noted by the FDA, In the United States, there are around 18.6 million users of menthol cigarettes and out of which 85 % of the consumption is done by black smokers and the rest are white smokers.
As per a study which was published in the BMJ Journals, around 21. 5 % of the people in the Canadian provinces had quit smoking due to the ban of menthol cigarettes in seven provinces and around 59.1 % of the smokers switched to non-menthol cigarettes.
The study had noted that the smokers of menthol cigarettes were more likely to quit smoking when compared to the non-menthol smokers to make an attempt to quit.
Even though there are likely chances for a menthol cigarette smoker to switch to non-menthol cigarettes, the ban of menthol cigarettes is associated with quit attempts at a higher rate and also quit success with menthol smokers compared to non-menthol smokers.
The study noted that the ban on menthol cigarettes has helped the menthol smokers to prevent the relapse towards smoking by the ones who had quit before the ban.
There are certain downsides as well due to the ban on menthol cigarettes. As per certain critics, the banning of menthol cigarettes may not achieve the expected results among smokers and may lead to a black market for the menthol cigarettes.
Legal and Advocacy Organization (ACLU) had written a letter to Becerra after the announcement of the FDA’s decision. In the letter, ACLU has conveyed that the ban on menthol cigarettes would lead to serious implications on racial justice.
FAQ
Is menthol FDA approved?
FDA and the U.S. Food and Drug Administration is planning To Ban Menthol Cigarettes in the United States.
Are newports menthol?
Newports is an American brand of menthol cigarettes, currently owned and manufactured by the R. J. Reynolds Tobacco Company.
What does FDA stand for?
FDA stands for Food and Drug Administration.
Conclusion
The decision of the FDA towards the ban of menthol cigarettes is a significant step taken by the commission on the health of the citizens in the country. The letter had said that the ban would trigger criminal penalties which would impact the people on the basis of colour disproportionately.
How well did you spend this year? This year is almost over by half. You still have half-year and many reasons to celebrate at the year-end. You can achieve everything in your life if you’re disciplined. Starting the new year with realistic learning was our primary goal. But yet here we are.
Let’s make sure to end this year on a positive note. Start learning new skills, get disciplined and take one of the top highest paying jobs in 2021. We see what you will learn in 2021 and how you will adhere to your routines.
As there is always a niche market, it’s also very intelligent to take a look at the trends particularly if you can find the demand for a subject. So, you should take a moment to search this popular course pattern if you are looking for ideas or want to know if there’s a marketplace for your project.
Highest Paying IT Courses to Learn
E-learning has created an open and versatile solution at a point when people worldwide have gone online.
The ongoing pandemic and the rocky economy has prompted more people to look for ways to enhance and boost their attractiveness in the labor market. And while it’s obvious that this transformation was challenging for everyone, e-learning will not go anywhere. This provides an interesting chance to build course catalog for online instructors as well as those who are involved in developing and learning online courses.
Here are some of the most famous and popular courses trending for 2021:
1. Coding Languages – HTML, CSS, JavaScript
Where to learn: Udemy, Coursera
Duration of the Course: 3-4Months
Price: ₹500-₹3000
(Price varies on different platforms)
Why Do We Need Coding Language
In addition to HTML and CSS, JavaScript is one of the main Internet powering programming languages. However, while many technology-savvy Internet users know all about HTML or CSS, fewer of them have JavaScript knowledge, which makes it much more useful.
There is a growing demand for cybersecurity employment in all major industries. Global cybersecurity investments and facilities are projected to increase by 12% to 15% by 2021. In this year the Internet population is expected to rise by 7%. With cybersecurity qualifications, many students are in need. Also, the qualification will allow you to act as a network operator, system manager, IT manager, security developer, and security consultant.
3. Cloud Computing
Where to learn: Udemy, Coursera
Duration of the Course: 3-4Months
Price: ₹500-₹3000
(Price varies on different platforms)
Importance of Cloud Technology
The hiring strategy in the IT industry is increasing through cloud computing. Over the next few days, IT companies will replace experts with cloud computing specialists who have skill sets. Organizations also now search out the capabilities necessary to use highly distributed and secure software to improve people with qualifications for cloud computing. The qualification provides projects in the real world to allow you to face the technological challenges in cloud computing.
Data visualization in today’s era is more valued. To provide the policymakers with factual analysis, data viewing requires representing data in graphical or image formats. Many who plan to take the data visualization certification course will help them develop teamwork and other simple principles. Also, one can take job positions as a business intelligence analyst, data visualization engineer, etc.
5. Data Science
Where to learn: Data Camp
Duration of the Course: 2-3 Months
Price: ₹919/month subscription plan
What is the work of Data Scientist?
A data analysis project has been at the top. These have a variety of profiles that require support better. The qualification in data science is essential for a career. In terms of various (individual) profiles under the umbrella of data science, the space for data scientists is smaller than big data.
6. Full-stack
Where to learn: Udemy, Coursera
Duration of the Course: 3-4Months
Price: ₹500-₹3000
(Price varies on different platforms)
Full Stack Developer
Full-stack developers are responsible for creating full applications and websites. They are the primary developers. These engineers work on all production fields, from bottom end to top, to the database, and also to test and debug. With full-stack developer certification, you can learn basic principles in both intermediate and backend programming, learn more about SQL and no SQL database, basic concepts of programming languages, and many other topics that are important in many IT industries to secure employment.
7. Data Analytics
Where to learn: Data Camp
Duration of the Course: 2-3 Months
Price: ₹919/month subscription plan
Value of Data Analytics
Data analysts can understand objectively and use mathematical methods to create organized data. In different marketing, development, and administrative processes, companies profit from the study of data. While data scientists and data analysts have a similar connection, distinctions separate them, such as, unlike the former, data analysts do not need to be concerned with high standards of coding. However, it is beneficial to be aware of recent data patterns.
8. Web Development
Where to learn: Udemy, Coursera
Duration of the Course: 3-4Months
Price: ₹500-₹3000
(Price varies on different platforms)
Web Design
The need for Web developers is increasing with the rise of digital literacy. Web development involves the opportunity to create digital websites for multiple organizations to operate and work worldwide. That is why jobs are still open for web creation. Highly-paid is web developers. In this location, the simple setup, which only involves a computer device and Internet access, means that the freelance and home working opportunities are excellent.
9. Project Management Professional (PMP)
Where to learn: Udemy, Coursera
Duration of the Course: 3-4Months
Price: ₹500-₹3000
(Price varies on different platforms)
Importance of Project Management
The PMP certification will be offered to advanced project management practitioners through the Project Management Institute. The credential includes project management basic concepts, including the five key phases of the life cycle of a project: initiation, preparation, implementation, reporting, monitoring, and closure. To pass the test, you need a minimum degree in project management and a minimum of four years of experience, 4500 hours of project management, and 35 hours of education in project management. You would require five years’ experience, 7,500 hours of project management, and 35 hours of project management preparation if you have a secondary degree.
Blockchain represents a major shift for core sectors such as immobilization, wellness, insurance, and much more with the rise in technology. Demand for blockchain practitioners has naturally improved, with blockchain technology responsible for 18 percent of world GDP by 2025. Applicants with applicable blockchain certification will help them continue to grow positions such as corporate growth, infrastructure, operations, and more.
You have a lot to select from, including computer analytics, cybersecurity, and digital marketing, which are quickly evolving. Or you can opt to continue in your current area and update so that you are ready for the next step with product development tools or best practices for project management. It is less important which path you select, and more important than choosing a direction to remain significant. One of these certifications that create a buzz should help.
To be honest, the platform doesn’t matter, the only thing that matters is. Are you willing? Are you willing to put the effort into achieving the desired skills? Everything is available for free. Just look for it. So what are you waiting for? Get Going. All the Best for your journey.
As in any relationship, an organization is built upon good communication. It goes without saying that business success is impossible without it.
Any fresh venture requires establishing good relations, as well as proper internal and external communication to thrive and grow. Without it, how can you convey your organization’s goals and objectives? How else can you relay succinct messages to your potential and existing customers other than with a clear communication strategy?
Startup businesses can’t foray into the highly-competitive world of commerce without effective communication methods. Operations, product or service creation, marketing, sales, and customer service are all important elements of business, which require communication.
A research covering 400 corporations with more than 1000,000 employees in the UK and US done by The Holmes Report, a global public relations (PR) agency, discovered that communication barriers led to an average of $62.4 million in terms of company losses due to lost productivity.
If you suspect that communication issues are dragging your business down, or if your new enterprise needs a further boost in this department, take heed of the following points to turn your situation around:
1. Traditional communication tools
With almost 3 billion smart phone users in the world, you’d think that telephones and fax machines are no longer relevant. In areas where Internet is unreliable, many businesses still turn to fax machines hooked to fixed telephone lines to send and receive important documents. When your printer has run out of ink, and you’ve got connectivity problems, the best online fax service will allow you to send and receive invoices, printed messages, and other forms of emergency communications that otherwise will take days to receive via courier services.
With limited investments allocated for costly information technology devices and other gadgets, small businesses and startups can benefit from these “outdated” communication tools.
2. Telephones and fax machines
Who says using a telephone is a thing of the past? Most businesses still use these tools extensively to contact potential marketing leads that lead to conversions. The fax machine can be used to send documents in fast-changing offerings. Believe it or not, some businesses still prefer to receive documents sent through fax rather than electronic mails.
Additionally, you can use fax broadcasting to reach a wider audience and increase sales potential. Fax machines can be programmed to send documents to multiple phone numbers simultaneously.
3. Social intranet software
A database containing all relevant information about the company can solve a host of problems within the organization.
For one, you can post organizational updates and announcements, general documents, memos, human resource policies, newsletters, and other documents for general viewing on the intranet.
Having access to these information does the following things:
Keeps your staff updated about company news
Solves the problem of “missing” documents
Allows better inter-departmental collaboration
Reminds employees of company protocols and standard operating procedures
Streamlines the need for paper documents
Within the social intranet software, you can encourage your employees to communicate better.
4. Internal private group messaging service
For communications that are less formal, an email may not be necessary. While personal interactions are still the best ways to discuss job and task-specific topics, it may not always be possible. The next best thing is to use an internal group messaging app.
While there a lot of social messaging apps available, an intranet chat service may offer an easier way to exchange company files via a drag and drop function. An intranet chat function likewise provides a more secure method of sending and receiving internal work files that’re accessed via the intranet document database.
5. Business communication software features
For everything else that’s related to your business startup operations, such as workflow and project management, customer service, sales, and marketing, choose a communication software that offers multiple functions. These tools make effective communication in the business setting more efficient, overall.
By choosing a communication tool that integrates various tools like online file sharing, team messaging, video conferences, customer service, and analytics, your team members will spend less time (and bandwidth) clicking and closing several windows all at once.
As not all digital communications tools are the same, find one that can be used by employees who are either tech-savvy, technophobic, or anyone else in between.
Don’t forget to include security as a must-have in every software package for your startup. This helps you avoid data breaches that can cost your company millions in penalties and settlements.
Choose a communication tool that can be customized according to your expanding needs.
6. External Communication
Effective communication is essential in a startup being that it allows you to send, receive, and understand key messages in a more effective manner. This means that you can say what you want to say in the correct manner, and be free from misinterpretation.
As a new player in the market, it’s critical that your business is able to structure clear messages about your company, its mission, and objectives. It should ensure that your audience understands your messages clearly.
To do this, know your target audience very well and tap all communication channels, whether offline or online, to effectively reach them at all levels. This means that you have to create all forms of oral, visual, and written communication tools – blog articles, videos, webinars, and podcasts, among other types. Don’t forget the traditional forms of media such as newsletters, brochures, flyers, and social media posts.
Think of ways to make your communication strategy unique and eye-catching to stand out and to avoid being drowned amid the crowded digital space.
If you’ve gathered enough following, adapt your communication strategies to attract more clients and retain existing ones.
7. Marketing and effective communication
Successful marketing strategies hinge on effective communication too. Whether you’re in it for the short haul (increase revenues) or long haul (building a brand), communication is paramount in driving business growth.
While you’re thinking about how to best communicate with your target audience, consider the fact that the human brain processes visual information 60,000 times faster than text information. Visual content is also said to be more effective in learning and memory retention. While it’s recommended to create a balance and use all forms of communication tools, it’s no secret that a video content can convey powerful marketing messages. Using this along with the other types could create traction from your audiences and promote user engagement.
The 7 Cs of Effective Communication
In both internal and external interactions, various digital resources have established the following key principles in ensuring effective communication:
Clarity
Conciseness
Concreteness
Correctness
Coherence
Completeness
Consideration
The Bottom Line
The points discussed above can help startups establish effective communication in all business aspects. As a fledgling enterprise, the communication team or focal person holds a critical responsibility of conveying the correct messages and tapping traditional and modern media channels, with the use of effective strategies.
Internally, effective communication can promote staff productivity and collaboration. Externally, it can help increase revenues and create a reputable company that’ll continue to expand and develop.
Softbank has invested in many companies in India and helped them reach milestones. It has already spent $10 billion as investments on Indian start-ups out of which $8 billion were from its vision fund. Masayoshi Son’s interest in India has proved to be profitable for him.
Below is the List of top Softbank investments in India that reaped huge success.
Softbank contributed to Flipkart much later than Snapdeal, which is regrettable. But it went big as Softbank invested a whopping $2.5 billion in this Indian e-commerce company. Masayoshi Son, founder, and CEO of Softbank showed keen interest in the company.
The deal proved to be short-term as Flipkart was acquired by Walmart in 2018 for $16 billion. Softbank also sold its 21% stake making Walmart the major shareholder of the company. Softbank made $4 billion in this trade.
Hike messnger
India’s own online messaging app and sole local rival of WhatsApp was also invested in by Softbank. Hike successfully raised $7 million from Softbank and Bharti Enterprises combined.
Hike didn’t live up to the expectations as it completely failed to build a customer base. Its revenue also decreased substantially over the years.
OYO
Oyo is also one of the major Softbank Investments in India. Masayoshi Son spoke highly of the company and believed fully in it. This Indian Hospitality start-up got $100 million from Softbank in August 2015. Oyo made Softbank very rich as it soared to amazing heights in its initial years.
Oyo plans to enter UK, Indonesia, and other European companies too. It also wishes to get into wedding planning. Lately, Oyo is suffering losses due to the pandemic. Masayoshi Son also realizes that he got over-enthusiastic with his plans for the company.
Policy Bazar provides a comparison of over 300 insurance plans. This is an online protection start-up. It raised $200 million as an investment from Softbank.
Grofers
It’s an online grocery delivery platform that’s functioning in 13 cities across the country. This Gurugram based start-up received $120 million from Softbank in 2015.
FirstCry
This Pune-based online retail platform that deals in child clothing and accessories also received money from Softbank. It raised $395.7 million for itself.
Paytm
Paytm is one of the first and biggest digital platforms in India. It’s also among the greatest Softbank investments in India. It received $1400 million from Softbank which increased to $1.5- 2 Billion.
Paytm Mall, which is a retail platform under Paytm also received $445 million from Softbank.
This both US and India-based Robotic Process Automation company raised $300 million from Softbank. Softbank Investment in India has always been larger in the innovation and technology sector.
Softbank Group Revenue
Ola
Ola is also one the most successful Softbank investments in India. It received $210M (Rs 1725 cr) from Softbank. It moved on to acquire Foodpanda and TaxiForSure.
Ola electric is India’s first-ever multi-modal electric vehicle venture which also raised $250 million from Softbank.
Uber
Ola’s rival Uber is also funded by Softbank. This cab aggregator received a hefty amount of Rs 1200 crores in 2017. Uber is doing very well as it has built a solid customer base and clientele in the market.
Delhivery
This Gurugram based e-commerce logistics start-up also comes in the list of successful Softbank investments in India. They received $350 million from Softbank.
The company is also planning for public listing in 2022-23.
This Mumbai-based house searching platform received $90 million from Softbank. This start-up, founded by Rahul Yadav in 2014, aims to solve housing problems in cities like Mumbai.
Relay
Relay is an organization in India led by Sanjiv Patel that manufactures drug discovery pipelines based centrally on protein motion. Softbank invested $300 million in the company in 2015 in a Series C funding round. It holds a 41% stake in the company.
InMobi
InMobi is a company based in Bangalore, Karnataka, helps users with mobile advertising. It’s founded by Naveen Tewari Softbank invested $2 billion in 2011 and in the same year, InMobi became the first Indian unicorn startup company 2011.
FAQ
How much did SoftBank Invest in Oyo?
SoftBank’s Vision Fund initially invested around $250 million into Oyo, and later led a further $1 billion funding round that took its valuation to $5 billion.
Is SoftBank a private equity firm?
Yes, SoftBank is one of the largest private equity firm.
Who is owner of SoftBank?
Masayoshi Son is the owner of SoftBank.
Conclusion
These Softbank Investments in India have turned out to be highly profitable. It’s safe to say that Masayoshi Son understands the potential in Indian start-ups and is here to support them in the long run.
Comfortable and stylish is the easiest way to describe the tremendous popularity of sneakers.
Sneakers took the internet by storm when top models and other Hollywood celebrities began wearing them. Puma, Adidas, and Nike were cult favorites. Airport looks were graced with eye-catching white sneakers which took the internet by storm.
In India also the footwear market was hugely dominated by these international brands only. Celebrities and models wore them all the time. But, as far as the common public is concerned, they seemed like a luxury they can’t afford.
But now made in India footwear brands are attracting more and more customers. Also, since these are locally made, they are easier on the pockets.
If you are looking for some cool Made in India Footwear brands, here we have a complete list for the same.
CEO & Founder: Afsar Zaidi Co-Owner: Hritik Roshan
Turnover: 200 crores
If you want to look super dashing like Hrithik Roshan, you might want to check out HRX. CEO and co-founder Afzar Zaidi along with brand ambassador and co-founder Hrithik Roshan have won hearts with their brand.
HRX deals in everything related to fitness and sports. Their great quality shoes are stylish and attractive. Whether it’s your causal OOTD or an outing scenario, adding these cool sneakers instantly elevates the look..
What’s striking about the brand is its price range. Their sneakers start from as low as 800 and can go up to 4000 so you can decide what you want.
Known for their strength, Woodland shoes have been here forever. This one of those old and charming sneaker brands made in India that you can trust.
Woodland motto is making tough shoes that last long.
Correct marketing strategies, as well as excellent craftsmanship, have taken the brand to amazing heights. If you need shoes that fit just right and support your feet on stones and difficult roads, this is what you should choose.
Woodland
RedChief
Founder: Manoj Gyanchandani Turnover: 324 crores
Red Chief is another sneaker brand made in India that’s been in the market for a long time. With Vicky Kaushal as the brand ambassador, Red Chief has upped its advertising game. Founded by Manoj Gyanchandi, Red Chief has grown to become a trusted brand among men.
Initially, they made formal shoes but now they’ve expanded their range to casual sneakers which are being loved by Indians.
Lakhani
Founder: K.C. Lakhani Turnover: 100-500 crores
Lakhani suffered a major setback due to the domination of international brands. But under Mayank Lakhani’s supervision, the brand got back onto its feet.
Lakhani makes shoes for everyone. You can find anything from traditional ‘chappals’ to sports shoes and formal shoes.
They’ve captured the Indian market by providing them what they really want, stylish, low-cost footwear that lasts long.
Paragon is the sneaker brand made in India that we used to associate with sliders and flip-flops only but they’ve grown immensely with time.
Yes, they make cool sneakers now. These sneakers can up your styling game on many levels. Colorful prints or formal black, they’ve got it all.
Sko
Founder: Nishant Kanodia
SKO is another sneaker brand that delivers top-class quality. This brand is more on the costlier side with sneakers ranging between 4000-6000. But they do not compromise on quality.
They choose trendy but neutral colors to make shoes blend in with the outfit. These are one of those shoes that are set right with whatever you wear them with.
FAQ
Is Adidas shoes made in India?
Major brand like Adidas, Reebok, Nike, Puma and Fila already manufacture their shoes in India.
Is Red Chief Indian brand?
Yes, Red chief is an Indian footwear brand that markets leather footwear.
Who is the owner of Red Chief?
Manoj Gyanchandani is the owner of Red Chief.
Conclusion
If you are someone who’s very particular about shoes, this is one of the sneaker brands made in India that you should try.
These were the top sneaker brands made in India that you can try. All of them trendy and worth your money. Also, it’s time you go ‘Vocal for Local’.
The new year brings fresh and innovative business prospects to your creative minds. Granting startups will make those innovations feasible.
Yet it’s not always straightforward to address the issue of how to get funding for a startup. You must know where you are going to look and get ready to do the job you need to make your dream come true.
It is time you took a near dive into your investment opportunities if you really want to get a startup off the ground and see it become a profitable venture.
The first stage anytime you need money to start up a company is to report the initial costs. Take out all needless or unsustainable costs in order to detect the critical criteria of the startup.
In order to collect funds to launch your own company or extend your existing business, you can secure a start-up business loan from any bank or financial institution. The interest rate paid to the bank depends on the amount of the loan you earn and the tenure of repayment.
The loans are currently provided for a value of ₹1 Lakh to ₹1 cr with a rate of interest of more than 8%. MSME Business loan in 59 minutes initiative aims at loan appraisal process automation ultimately resulting in getting eligibility letter, in-principal approval in less than an hour. post the in-principle approval, the loan is expected to be sanction/disbursed in 7-8 working days.
To be eligible for this loan as a borrower you should be GST, IT compliant and must have six months bank statement facility. The business loan eligibility is determined by a company’s, income/ revenue, repayment capacity, existing credit facilities, any other factors as set by lenders (banks)
The Credit Guarantee Scheme (CGS)
To be able to avail Credit Guarantee a startup has to be recognized by DIPP (Department of Industrial Policy and Promotion). The Credit Guarantee consists of at least startup loans for a financial year and will be offered on the basis of a portfolio.
Coverage offered by the scheme –
This scheme covers up to 80% of the credit facility for MSMEs owned by women and all loans granted to North-East-Region including Sikkim.
The scheme will be providing credit to cover up to 75% of the credit facility subject to a ceiling of Rs. 150 lakh. For micro-enterprises, the scheme covers up to 85% credit facility.
50% of the amount of credit for MSME retail trade will be covered under this scheme.
Stand Up India Scheme
This scheme aims to set up an enterprise in manufacturing, services, or agriculture allied activities by SC/ST/women entrepreneurs. To be eligible your project must be a greenfield project. This scheme facilitates bank loans between 10 lakh to 1 crore. The interest rate for the loan is the lowest applicable rate of that bank for that specific category.
Coir Udyami Yojana
The main objective of the scheme is to facilitate the development of the coir industry in India. The scheme is running under the ambit Ministry of MSME. Coir Udyami Yojana is a mix of loans and subsidies. The rate of subsidy and bank credit rate is 40% and 55% respectively. Your project won’t be eligible for the scheme If your project has already availed subsidiary under another scheme of the central government.
The loan covers capital expenditure, building, and machinery. Working capital is not considered in this scheme. Also if the work shed is already available it is not covered in the loan. Loan under Coir Udyami Yojana is covered through the CGTMSE scheme under the Ministry of MSME.
National Bank for Agriculture and Rural Development (NABARD)
Through this scheme government of India is encouraging farmers in taking up projects aimed at enhancing capital investment, sustained income flow, and employment areas of national importance.
The borrowers shall execute the paperwork required and send documentation for the use of these credits. As the government funds the projects, some of the loans are free of collateral. In the following you will notice some points to review before applying for the loan:
Personal record: background information is reviewed. Crimes performed or criminal history will disqualify or postpone the loan sanction phase.
Based on resume or company background: information of the company and applicant’s skills in developing the business will be asked.
Business proposal: the borrower has to bring into the loan document a well-considered business plan.
The interest rate and maturity tenure differ between banks. The interest rate, though, varies between 10.99% and 21% a year. The sum lent shall also be subject to a transaction fee. The tenure is up to five years.
How To Request a Government Loan
Here are few ways to apply for a start-up business loan are:
Visit the official website of the lender to order the loan by completing the form and submitting the required paperwork.
Visit the closest lender’s branch to have the form and documentation for the loan application.
You may also contact the customer service of the loan company to offer help for a start-up loan application.
A huge number of start-up firms live in India. The number of cottage industries and small units is increasing. However, start-ups and micro-industries need capital to grow, manage, and succeed in the global giant market. Since these units lack access to price raising, the Government has taken the lead to fund these small scale enterprises and facilitate them.
Hope this article helped all our budding entrepreneurs. For more such articles, do check our blog section!
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With the time, humans have made a plea to show humanity and compassion to the animals. Taking the same ideology forward, Mr. Sujit Paul with his cofounder Rosie Paul founded the startup Woofwoofnow- a global pet consulting platform, in 2018. The idea behind Woofwoofnow is to be the most Pet-friendly Institution and to build a place where Pet Parents can rely on. It’s a platform where one can come and look for pet services to avail.
Read this article to know more about the Woofwoofnow, founders, logo, business model, revenue, growth, challenges, funding, and achievements.
Woofwoofnow is all about making pet care easier and better by providing various features and solutions to the pet parents. Woofwoofnow is getting features on their platform one after another. Unless one is truly compassionate for animals and understands the animal ecosystem it becomes very difficult for them to workout the terms that facilitate in the Pet ecosystem. Hence it’s more appropriate and comfortable for the Woofwoofnow team to roll, the way they have been doing.
The team has successfully done Dip sticks on Tele-Consultation and Video Consultations. Other notable features on the platform include:
Customer Engagement Models – a complete solution for Pet Health
Customized Solution Approach to each pet (Specialized pet food products that are rich in vitamins, thereby ensuring a high-quality diet for pets.)
Access to experienced doctors and world-class Online Consultation (E-Consultation – initiated through the app)
Build pet care hospitals with advanced surgical treatments and the latest medical options. (Pet Hospital)
A place for pets to socialize and play (Day Care)
A place for pet’s grooming (Pet Grooming & Salon)
A solution to commuting woes of four-legged companions (Pet Taxi – no 1, A preferred Pet Cab in Bangalore )
Emergency Health Care at door Step (Doctor on Wheels – Pet Ambulance) Handy Health Records at a click (Health Record Management – On Cloud Storage – in-app)
Woofwoofnow – Target Market
Pet ownership in India & worldwide has increased substantially over the past decade owing to change in the urban lifestyle and rising number of nuclear families. With an estimated 19 million pets, and 600,000 pets being adopted every year, the pet care industry in India shows massive potential. There is an increasing awareness about pet nutrition & well-being and pet owners are becoming more conscious about the products they buy and the services they avail. Pet owners are now focusing more on essential products that enhance the health and well-being of pets. They are no longer restricting themselves to just buying stuff for their pets but are now focusing on the overall development of their pets and providing the best environment to them. According to Petex.in, the pet care market in India was valued at $265 million (₹ 1700 million) in 2017 and is expected to grow at 13.9% annually to become a $430 million (₹ 2780 million) market by 2020.
Woofwoofnow – Founders & Team
Sujit Paul & Rosie Paul | Co-Founders, Woofwoofnow
Sujit Paul and Rosie Paul are the founders of this compassionate startup who also happen to be husband and wife. They both share a love for animals and have been an excellent combination of frequency match for the same.
Rosie Paul is an avid animal lover since her childhood and has multiple episodes in her life where she has worked in the pet care industry. Rosie was an academic scholar and has graduated from Mahadevi Birla High School, followed by her stint at Calcutta University and MBA from IMT Ghaziabad. Her interest areas include traveling and she has extensively traveled to Germany, Brussels, Italy, Bangladesh, Switzerland, Thailand, Singapore, Egypt and many more.
Dr. Sujit Paul carries over 25 years of experience in the industry. He is a proven leader and a part of Top Management with board-level experience. Sujit has worked for diverse organizations such as Retail, Hospitals, Health and Wellness industries. With his broad array of experience, Dr. Paul has extensive exposure in small medium and large multinational as well as large-sized organizations in various corporate cultures like Columbia Asia Hospitals Pvt. Ltd, Trust Chemist, and Druggist, Emeditek Services Limited, Apollo Hospitals, City Info Services, Chandras Chemicals, Kodak, Bata and Asian Paints. His recent assignment is being the Managing Director of a new startup “Stayhappi Pharmacy”. This has again got his various accolades and achievements in setting up the brand with a mere one store to scaling up to 300+ stores Pan India in 365 days. All in all, he is currently associated with a startup that has ambassadors like Vidya Balan and Sourabh Ganguly who have endorsed the brand.
Dr. Sujit Paul is the author of innumerable books including his recent publication of Freeing Your Inner Self-awareness in the year 2018 and Journey of Awakening in the year 2019. Also, he is the founder of www.sujitpaul.com. He has received multiple awards and recognitions, the recent being conferred by Brand Vision and Times Now at a Global Stage, along with Gaur Gopal Das, Sunny Leone, Vidya Balan, Ayushman Khurana, Sonakshi Sinha, and many more. This versatile founder of Woofwoofnow also got featured in the Annual Coffee Table book. He was also nominated with the Top 100 Executives as “World Greatest Leaders 2018 – 19” by Asia One Magazine. He was felicitated with this award in Dubai.
Woofwoofnow has quite a lean team with 6 core initial members. However, the executive team consists of Dr. Sujit Paul at the helm, Rosie Paul – Founder and COO of the group, and Shaily Dubey – one of the early members in the company and a well-rounded professional with a computer science engineering degree and an MBA. Shaily started her career in the technology space and worked with leading MNCs. Post her stint with Intel SE Asia, she returned to Bangalore and found her calling with GPC. Since then she has been focusing upon how technological innovation can be leveraged in the pet care space to build solutions that pet parents can rely on and conveniently discover any service they may want to avail.
If there’s one thing that Sujit is very particular about, it’s the work culture of his ventures. Not just this venture, but he’s always ensured an amicable work culture in all his previous ventures as well. Culture is always top-down with complete transparency and high integrity in the internal team and with external entities. This is one of the strong foundations for Culture development. Dr. Sujit said: “Our employees are never questioned about the hours they put in the work, rather than their output of deliverables.”
Dr. Sujit very strongly believes that “people are the Strength of organization and candidates who aspire to join Global Pet Consulting truly need to love their job, be compassionate towards animals, should have high ethics, value, and integrity.” He is of the opinion that all members should drive towards the common organizational goal. Sujit does not even care for micro policing with his employees rather gives them ample freedom. He genuinely believes that employees should be part of the Growth Story of the Company.
Woofwoofnow – How It All Started?
It all started in the year 2016 when the couple lost their pet – Daisy. The family was on an out of station travel and Daisy was in her favorite boarding. Suddenly one night when she was not feeling very well. The boarding attendant neither got any vehicle who would allow taking Dogs into the clinic nor did he have access to any Doctors in the night. As a result, they lost their beloved pet Daisy.
The pain of losing Daisy germinated the idea of their startup- Woofwoofnow. The couple started with the research in 2017. Their first respondents were family and friends and when they looked further they got to hear similar stories from them. Simultaneously the cofounders realized that there is no true ecosystem for Pet Care in India.
They were quite surprised. Given India’s growth in Pet and the rate of pet adoption, how was this whole sector overlooked? Therefore in 2018 conceived this company “Global Pet Consulting” with the brand name of Woofwoofnow. Early in 2019 the website and the mobile application got ready to hit the markets. And then they started meeting the best Veterinary Doctors in Bangalore. They carefully evaluate the doctor’s experience before getting them on board in their venture because they want to ensure that the best service is provided to the pet parents. By this time the cofounders had realized that working with animals needs more compassion and the aggregator model of logistics would not work. Hence they rolled out their own fleets of Hatchback, Sedan, and SUV and started with the service in April 2019.
While the cofounders were doing their primary research, they figured that the need for a pet consultation is not only in India but also in the UK and the USA. The Indian market is growing rapidly and the opportunities are enormous. Parallel in the international market every second house has a pet but without any pet consultations available which makes the target market size almost double than the Indian market. Hence the company was named “Global Pet Consulting” – and the logo to depicts pet animals like a dog and a cat.
The idea behind naming the venture Woofwoofnow was the fact that though animals can’t talk but they can very well communicate through their voices. So to signify responding immediately to these pets, this name seemed quite appropriate.
Woofwoofnow – User Acquisition
The first customer for Woofwoofnow online vet consultation was a gentleman from Gurgaon. His name was Sudipto Chatterjee who had a lab dog. This man was particularly tired and frustrated with the local vets for various reasons. And he was looking to get a second opinion with them.
There onwards, they have done Pilots with various rescue cases wherein the customers wanted Teleconsultation/Video Consultation with the Doctors. Woofwoofnow’s first Pet Taxi Customer was a case wherein an Indi dog was run over and the leg was fractured. The customer had tried contacting a lot of emergency services and waited for a long time but nothing happened and none of them came. That’s when Woofwoofnow took over and the customer was so overwhelmed with the service that he agreed to give a Video footage feedback about his views on Woofwoofnow.
Woofwoofnow – Business & Revenue Model
Reports reveal that India is the fastest-growing pet care market in the world. Urbanization, rise in nuclear families, changing perceptions towards pets and pet owners are driving the growth, with which India pet care market is expected to continue to record double-digit value growth on the back of pet humanization coupled with growing disposable income. India’s pet care industry is growing rapidly as the middle class increasingly demands quality pet care and services.
Woofwoofnow’s business model rotates in the Pet ecosystem and the conveyance. As Ola and Uber is for human rides, Woofwoofnow Pet Taxis are for Animal rides. They are already now the most Preferred Pet Taxi in the Silicon Valley of India. The revenue model rotates from the Interlinked Business right from Pet Tele and Video Consultation to Pet Taxi logistics and the Pet Clinic and Hospitals.
In their current POC from April 2019, they have done quite a few Tele and Video Consultation with the Vets for the rescue cases. Woofwoofnow is growing consistently month on month in the Pet Taxi Bookings and other relative services.
Challenges are inevitable for startups especially when it has no backing of the robust funding. When the cofounders started their journey they understood the cash burn right during the website and application development stage. The team believes in quality and well understands that it takes time to build traction. Hence they have to carefully measure the cash burns.
There’s one incident that challenged the company’s existence. A dummy customer booked a pet taxi and called in a remote location. When the cab arrived, it was vandalized by a local competitor. In such incidences, loyal customer support can put the firm back on the map and that’s what fortunately happened with Woofwoofnow.
Woofwoofnow – Competitors
Unfortunately, this sector from a Healthcare perspective is unnoticed and untapped for multiple reasons. This sector cannot be ventured by everyone because one needs a deep understanding of the animal ecosystem. Indian market does have brands that cater to pet food and other hygiene products and services but there’s no venture dealing in health and technology services to facilitate the immediate treatment of pets.
Woofwoofnow – Funding & Investors
Currently, Woofwoofnow is bootstrapped. Though the team is on talking terms with various investors for the seed round. The investors seem to be interested. But the team feels that it’d add value to the venture if it is invested in by an investor who understands the pet ecosystem and has extreme love and compassion for them.
Woofwoofnow – Growth
For any startup, it takes time to stand out in the market. Woofwoofnow is growing consistently at an organic pace. As mentioned above their Pet Taxis are the most preferred ones in the IT hub of India – Bangalore. Their sole motive is “Genuine Service,” For the same, the cofounder and COO, Rosie Paul has recently bagged the Startup Women Entrepreneur of the Year on 26th September 2019 from the DY Chief Minister and Principal Secretary of Karnataka. Along with all this, they are also working to garner Series A funding.
e-Consultations typically last between 05-15 minutes.
What can I expect during an Tele/e-Consultation?
You can request a Tel/e-Consultation for non-critical guidance on pet-related issues. e-Consultations are intended to provide clarity for pet owners and as an alternative to Internet searching for answers which can often be misleading. Tele/e-Consultations provide pet owners with peace of mind with service from their trusted veterinarian.
Can the veterinarian prescribe medication during the Tele/ e-Consultation?
Prescriptions cannot be provided during an e-Consultation generally, however, in certain instances, it may be possible as well.
How do I schedule an Tele/ e-Consultation?
Members should log in to the Woofwoofnow platform, and complete the -step set-up process. Payment is made in advance usually and a wide selection of appointments are available. e-Consultations are conducted on our secure platform via webcam, similar to a Skype chat.
What information does a pet health record contain?
A pet health record includes the basic records of the Pet’s health.
Where do I access my pet’s health record?
Members can access their pet’s health record from anywhere in the world using any device with an internet connection. Simply go to the Woofwoofnow website and click “Sign In” to enter the platform. You can also access the information using the app platform.
Woofwoofnow – Conclusion
Woofwoofnow do not believe in a one-solution-fits-all Pet Parents. The Doctor’s custom solution approach means working closely with the Pet lovers to provide services that not only fit their Pet’s Consultation requirements but also offers a high degree of Speed and Seamlessness. Regardless of the Pet, all the Pet parents would have access to experienced Doctors as well as to world class Online Consultation experience to ensure all Consultations have desired outcomes. The company’s Mission and Vision is to be the most Pet friendly Institution; to build a place Where Pet Parents can rely on and come to find and discover any Pet service they might want to avail.
The 5G era is proving to be a game-changer for the Indian telecom industry. The second most populous country in the world is India with a total of 1.2 billion internet users. Indian telecom companies are constantly on the lookout for new innovative ways to boost the growth of digital medium and the market is ripe with abundant startups that seek to disrupt the Industry with smarter supply chains and manufacturing models.
Let’s have a look on the Case Study of Jio in the light of how Jio is Leading the 5G Race in India.
Reliance Industries owned Reliance Jio is the first of the few Indian companies to launch into the 5G technology space with the likes of global competitors such as Samsung Electronics, MediaTek, Huawei, Ericson, Nokia, Qualcomm who have been implementing rollouts of 5G networks. With the rise of ‘Made in India’ initiatives proposed by the Government of India, In December 2020, the chairman of Reliance Industries, Mukesh Ambani had revealed that his telecom company, Jio, would launch 5G networks in the second half of 2021.
Jio is building the 5G infrastructure by using native developed technology for its hardware, network, and technology components, said Mukesh Ambani the chairperson of Reliance Industries. Reliance has achieved this without any help from Chinese telecom companies such as Huawei and ZTE, being a testament to the AtmaNirbhar campaign led by the Indian government to keep Chinese products out of the marketplace.
The latest news from Reliance Industries said that they had achieved high speeds of 1Gbps in the initial testing phase. The rollouts will officially begin after the spectrum is auctioned.
According to the telecom major Jio, 5G would be integrated with autonomous vehicles, connected drones and remote healthcare services, ultra-high-speed mobile internet speeds and mixed reality which can help in creating more employment.
How 5G will Revolutionize the Indian Telecom Industry
India is one of the most digitally connected countries in the world and to keep this up, we need to maintain a lead and bring the rollout of 5G networks across the nation. There is also a need for affordable smartphones as almost 300 million mobile users in India are caught in the 2G era.
With 5G plans, we need a smartphone that can adapt to this network, and with this comes the need to produce an affordable smartphone. Reliance led Jio, Bharti owned Airtel had successfully demonstrated its capability to rollout 5G wireless service in Hyderabad, beating Jio in the race to be the first Indian telecom provider to run 5G services on its existing commercial network.
Need for a Smarter and Affordable Platform-Reliance JioGenNext Platform
To boost growth in the fields of agriculture, education, healthcare, Infrastructure, Financial Services, Jio platforms have connected with over 20 startups to build world-class solutions for Artificial Intelligence, Cloud computing, Machine learning, IoT, Blockchain etc.
Reliance has partnered with Samsung in a trial to test the 5G network capabilities. Jio also said it is ready with the 5G service and extensive fiber assets which will play a crucial role in the rollout of the 5G infrastructure.
Jio has also partnered with Google and Facebook who cover a vast majority of the internet landscape also hold shares in the company, are also global investors in the 5G tech space. Reliance Jio vision to build a 5G ready network in India before deploying its technology to other countries.
JioGenNext
How Jio is Ahead of it’s Competitors
Airtel and Vodafone have been serving in the Indian markets since the era of 2G technology and most of its existing consumer base is still on 2G networks which they have to maintain for the users as long as they remain. However, Jio began their service in 2016, in the 4G era, Where 4G is based on computers and thus to upgrade to 5G will not be a hassle for Jio as switching from the 2G.
Mukesh Ambani announced Jio 5G service will rollout in India in the second half of 2021.
What will be the speed of Jio 5G?
Jio stated that its 5G Technology has already achieved the mark speed of 1 Gbps.
Is Airtel 5G Ready?
Airtel became country’s first telco to successfully demonstrate live 5G service over a commercial network in Hyderabad city.
Conclusion
Aside from the rollout of 5G technology, Reliance Jio is also focused on bringing affordable 5G ready phones into the Indian market. Reliance Jio has partnered with Google to make India free from 2G phones. As Jio does not have a 2G infrastructure, the promotion of affordable 4G/5G phones can help Jio add more users on its network.
India has become the world’s 3rd-largest start-up base, with 3,100 start-ups provisionally rising 2.2 times from here. This exponential rise in startups has allowed startup media to appear. These sites now cover all start-ups, whether it be startup stories or news about recent startups, their founders and so on. Some media startups in India that cover these segments are:
POPxo is the largest online community in India for women to read, watch and shop. It’s a safe place for women to lead their best lives- “Take it a POP.” POPxo is designed for the convergence of advertising and commerce from content to private label brand. POPxo posts content in six languages—English, Hindi, Marathi, Bangladesh, Tamil and Telugu—that attracts more than 39 million visitors per month, spending over 3 million hours on all its platforms. Leading brands focus on this key audience with POPxo. All this is enabled by data-driven insights into young women’s lives and hearts in India.
Wittyfeed
Modern day platform blogging for everyone
Indeed, WittyFeed, the article and listicle website, is the largest Indian content company today and the second biggest traffic number company in the world. In the short time since the launch of WittyFeed in 2014, they have been a pioneer, excluding worldwide Buzzfeed. The two founders, Singhal and Vaishnav, have had big success on Facebook as well with 4.2 million followers on the page. “We realized that it was time to monetize the public with this figure. We have also come to the conclusion, with our research and experience, that there is a boggling mind for the number of people in the virtual world, but there is an immense gap in the quality and volume of the content on the offer.”
Pocket Aces
Original Material for the millennium
Pocket Aces from Mumbai produces and distributes original material to the audience of the millennium. In July Netflix collaborated with the Content Studio of Pocket Aces, Dice Media, to produce worldwide scripted shows beginning with the new Little Things season. As more and more people get access to the internet via their phones, their taste is evolving. Right now, there are so many creators who are doing sexist, disability content…its old school, cheap humor. So all focus is on fresh content for the new generation.
Arre
It offers content in film, audio, text, and doodles, spanning diverse genres
Arre is open OTT, which was launched in October 2015, and provides original content both on its own website (arre.co.in & Arre apps & social channels), as well as on 20 platforms. It offers content in film, audio, text and doodles, spanning diverse genres such as fiction, factual entertainment, documentary, social exploration and much more.
Vokal
Where India shares knowledge
For Indian non-English Internet users, Vokal is a peer-to-peer information and opinion-sharing site. Currently, the Bengaluru-based company offers Hindi content and plans to start in several languages. Vokal also has a live video streaming feature and reports that its platform contains more than 300K questions. There are more than a thousand questions on specific subjects every day.
ShareChat
Sharechat is an Indian social media and social networking service, based in Bangalore, India.
Sharechat, a social channel of regional language, saw its valuation shoot seven times last year (2018) in the fundraising round of $100 million (InR 720 cr). Daily active users have increased from five minutes in April-May to eight minutes in September in the Bengaluru business. Sharechat would like to go deeper into micro-markets, including north-east India, before it starts focusing on the monetization of its service through ads, marketing and in-app purchases next year.
Play Simple
Gaming Platform for Indian mobile games market
A few years after raising $3.8 million from the most significant venture capital funds, SAIF partners and Chiratae Ventures, mobile game platform PlaySimple looks forward to making most of 2019. (formerly known as IDG Ventures India). Siddharth Jain and his Zynga, colleagues Suraj Nalin and Preeti Reddy and Siddhanth Jain software engineer, created the Bengaluru-based startup. Estimates indicate that the Indian mobile games market is expected to amount to $1.1 billion by 2020, and there will be 628 million users at that time.
Conclusion
These startup’s are paving the way for all the emerging startups entering in the Indian Market. Start-ups emerged as this country’s growth engine, funded by risk entrepreneurs who spent resources on India in recent years and founders who spent money recruiting employees in crowds. In order to capitalize on the demographic gain, India needs to generate 10 million jobs per year. For the country’s future growth, entrepreneurs are important. It will be a mission-critical endeavor, in order to deliver the promised troika for food, clothing and shelters, to foster the spirit of creativity and to build the skills that support entrepreneurship among our young population.
FAQs
What is a media startup?
A startup that acts as a media for startups is known as a media startup. These sites cover all start-ups, whether it be startup stories or news about recent startups, their founders and so on.
Neil Patel is a New York Times bestselling author. He is well known as a Digital Analytics Expert. Neil Patel is the co-founder of the marketing agency NPDigital, where they aid various companies to get more traffic and sales. He has been an entrepreneur for the last 19 years. He is an author and blogger as well. He is also a prominent figure as an Angel Investor. He co-founded many companies and most of them were software arena, especially web analytics sector like Crazy Egg, Hello Bar, and KISSmetrics.
Neil Patel- Biography
Name
Neil Patel
Born
24 April, 1985
Age
35 (2020)
Birthplace
London, England, United Kingdom
Nationality
British
Hometown
London, England, United Kingdom
Education
Yale University, California
Profession
Entrepreneur
Known for
Co-founder of Crazy Egg, Hello Bar, and KISSmetrics
Neil Patel was born in London, UK. He was born on 24 April, 1985 and is 35 years old today. He was brought up in La Palma, California, and Settle. He was born to Indian parents. When Neil was two years old, the family shifted to Orange County, California. His mother joined as a teacher in a non profit gig and his father joined the family business in California. Currently, Neil resides with his family in London, UK. He is married and the couple has a child as well.
Neil Patel’s You Tube Channel vlog
Neil Patel- Education
Neil Patel completed his primary education at John F. Kennedy High School, California. He pursued graduation from Yale University, California. He was business-minded since childhood, he used to think of ventures that would make profit. He was on a quest of profitable business ideas since his early childhood period.
Neil Patel- Early Life
Neil Patel always aimed at achieving something big in life. He wanted to upgrade his lifestyle. With entrepreneur buns in his family, he always thought of establishing a business. However, he did not evolve with great ideas until he saw his cousin selling burned music CDs. At first, Neil found it interesting and he too joined hands with his cousin. No sooner he did realized that this is not going to work.
He knew that he has to establish a business where he could gross profits. Soon, he started selling black boxes to the school students and their parents as well. Neil was recognized as the student who used to sell black boxes at John F. Kennedy High School. However, he did not continued to sell the black boxes further as it would lead him to face legal troubles. As soon as he learnt about this, he left it and invested his ideas to built a business, which would be legal officially.
Later, when he was just 15 years old, he noticed that the students would get their cars fixed with the aftermarket parts. He broke with an exclusive idea. He took the permission of State Board Equalization for resellers. He then started his own business by selling car parts at discounts. Though, this idea hardly gained him any profits.
Neil Patel once accorded that Entrepreneurship ran in his blood en-route to his family business. His maternal uncles ran several successful businesses. He grew up watching them and vividly got inspired from them. He dreamt of becoming an entrepreneur since his childhood days.
Today, he is a successful entrepreneur and businessman. Apart from that, he is recognized as the Digital Marketing Expert. Moreover, he is an Angel Investor and invested in many start up companies. He is a prominent author and blogger, he publicizes various blogs related to SEO, marketing and so on. He has helped various companies to grow their revenue including, Amazon, NBC, GM, HP and Viacom.
Neil Patel has faced a tough time while searching for a job. He has worked in Knott’s Berry Farm, where he used to clean washrooms and evacuate garbage bins. After three months, he left this job and joined the same organization as a seller. His job was to sell vacancies by roaming and displaying demo at the doors of different houses. On selling a item, he used to get a hundred dollars. Soon, he realized that the job is not what he is seeking for.
He further explored many opportunities. There was a time when he was introduced to the Oracle’s consultant. He got to know how the latter used to make money for $250 in an hour. He started his research about the Oracle company at Monster.com. Eventually he started studying about Monster.com itself and researched on how the company is making money online. He was highly inspired and launched a similar website called Advice Monkey.
Neil Patel- Digital Marketing Expert
Before starting his general education at college, he got admission in Cyprus Community College while he was just 18. He has improved many of his skills, especially in search engine optimization (SEO) and digital marketing. He worked as a consultant in Elpac Electronics and got a deal of $3500 per month. Neil was then highly motivated and passionate to start his own internet marketing company. He partnered with his sister’s boyfriend and they both together started a new internet marketing company.
Neil Patel Digital also known as NPDigital is an online analytics agency that connects brands with their customers via digital marketing. It displays Neil Patel’s passion for online marketing. The agency aids several companies with their data-backed strategies power exponential growth and unfair advantage. It basically assists various companies to build audiences through their digital marketing strategy.
Neil Patel- Angel Investor
Neil Patel has invested in many start up companies. Many of the companies did really well while some of them lagged behind. He has been an Angel investor since a decade. An Angel investor is a person who invests capital in start up companies in exchange for part ownership of those companies. Neil launched The Startup Investor to let everyone access the same playing field- not just the high society people.
Neil Patel- Honors
Neil Patel is regarded as a top influencer on web by The Wall Street Journal. According to the Forbes, he is one of the top 10 marketers. Entrepreneur Magazine regards him as the person who created one of the 100 most brilliant companies. Moreover, he was recognized as a top 100 entrepreneur under the age of 30 by Ex-President, Barack Obama. He has also been recognized among the top 100 entrepreneur under the age of 35 by United Nations.
Neil Patel- FAQ’s
Who is Neil Patel?
Neil Patel is the Co-founder of the marketing agency NPDigital, where they aid various companies to get more traffic and sales. He has been an entrepreneur for the last 19 years. He is an author and blogger as well.
How much is Neil Patel worth?
Neil’s estimated net worth is between 7-10 million USD and he has over a decade of success working in digital marketing. While most recently Neil has enjoyed a great deal of success with his own personal consultancy blog where he tends to share his wealth of knowledge with his huge fan-base.
Which companies has Neil Patel founded?
He co-founded many companies and most of them were software arena, especially web analytics sector like Crazy Egg, Hello Bar, and KISSmetrics.
What is Neil Patel Education?
Neil Patel completed his primary education at John F. Kennedy High School, California. He pursued graduation from Yale University, California.
Neil Patel- Conclusion
Neil Patel created his first website at a very young age. He also paid marketing firms to help him out which turned out pretty bad. He was left with no choice but to learn marketing, and he eventually got good at it. This learning journey of Neil has made him what he is today. He is considered as the best among his peers and called the Digital Marketing Expert. People who are starting out recently in the field of digital marketing must have come across his notes on SEO and his blogs. He is a popular figure in the field of digital marketing.
Seema Banerjee
