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  • How to acquire your first 10 SaaS Customers?

    Are you occupied in the process of launching your new interesting SaaS product?

    Being part of this dynamic world makes it more tricky to attract customers to your newborn SaaS tool or a Startup.

    You can’t wait for your early birds to arrive on their own for your new creative SaaS Product.

    Getting the attention of initial customers to your business is ultimately an Art. And anyone can become an artist with proper guidance.  

    Don’t have to worry if you don’t know how to get your product in the eyes of your customers because, in this article, we are going to reveal some tricks, some steps, and ultimately you will learn how to acquire your first 10 SaaS customers?

    Before we start, let’s take a quick look at What does this term SaaS means?

    What is SaaS?

    SaaS viz. Software as a Service is an online cloud-based service where users don’t have to bother downloading any software on their device to use that tool or product; instead of this, they can easily work with the software on the browser.

    What is SaaS?
    What is SaaS?

    Plus, in this cloud-based service, Software developers have the secured access and hosting responsibility of the servers, information, database, and coding that conclusively created the software.

    Another good thing is these Business tools cut off the painful worries of payment of monthly installments or any further updates.

    SaaS tools make the job easy, flexible, and economical for everyone out there.

    Now the question arises after getting and launching the output of your creation, invention, and hard-work, where and how to find initial customers that not only purchase your services but also recommend others to opt the same.

    7 Helpful Strategies for you in acquiring your initial customers

    Strategies are the most effective pillar for a successful business and if followed sincerely, then strategies can also provide foolproof consequences.

    Do Research on Successful SaaS Owner’s Experiences

    Before taking any further step for promotion of the product, do some research on Successful SaaS owners about how they launched their tool, how they promote it, how they gathered the concern of their potential customers, etc.

    Here comes a plan, you can always find your customer by searching for online complaints people are facing, and your product is solving.

    Twitter, Quora, Reddit, Facebook try to cover up every possible platform where people are continuously looking up for some work that can be fit into their needs.

    Try to answer their queries and talk to them about your product and perks offered by the tool.

    Attention-seeking Sales Copy

    After knowing the problems of people, write a well descriptive and attention-grabbing Sales copy of your tool and share on the platform where you can find some customers.

    Don’t forget to write some common questions, so as soon as somebody raises a query, your article will pop-up to grab their attention and make them communicate with your team regarding the product.

    Once you get them to your team make sure that they remain interested in your tool and your SaaS and also ask them if they would like to be in touch so you can send them updates of upcoming tools.

    By this, You are achieving two targets in a single arrow, means your research will not be hectic, and you are getting a list of prospective buyers.

    Launch an email list using your research List

    To make sure the guaranteed sales of your product, try to launch it via an email list.

    You initially can send people whom you’ve listed previously and who can be your potential customer.

    A successful launch sequence involves adding value to your potential buyers in the initial few emails; then convince them to buy your tool as soon as possible.

    You also can use the following tricks to make your launch more effective and profitable:

    • Send the first two Emails with a brief informative description explaining the reason why they should consider you and your tool.

      Here you can mention your background, story of your startup, and many other things. Make it suspenseful and exciting, so Customers will wait for your next email.

    • Once successfully build an audience who is totally into your subject, start talking about your product. Don’t boast too much.
      Make it for a professional, impressive, and reliable tool that is solving their issues and must give a shot.
    • Here comes the Showtime. Time to launch the product. Keep it comprehensive by telling your audience that your product is available for purchase now.
    • The last email must consist of strong confidence in the tool and a compelling message at the end for making buyers urge to purchase the product.

      Show your subscribers that your product is the perfect solution to their problem and your services will never let them down in any situation.

    Take help from closest Network

    For promoting your SaaS tool, you can take the help of your closest network. Try to communicate with the people you know and the next chain with the people your fellas know.

    More close network will help in gaining more valuable information with your prospective clients

    Try to find out the problems they’re confronting.

    Convey to them your idea about your product and its features (try to sound like an empathizer, not a salesperson).

    Do your best to convince them why and how your tool fits into their equation problem and how profitable it could be for them.

    Once they’re convinced, you get a new client.

    Free Trial offer for early comers

    People love acquiring things for free. It might sound a bit unfavorable to you but in the beginning, Bringing more and more customers is your prime concern rather than money.

    When people come to know that they have an opportunity to acquire a product for free being an early comer, which is solving their issues, they’ll never take a step back.

    Offer them a free trial in which they can explore the product and its features. This free trial will help you in creating a strong customer base, and also establish your product in the market.

    A free trial is a scheme that attracts the traffic and attention of the tool seekers.

    Special Perks to Initial Customers

    Grabbing the attention of prospective customers is not an easy thing.

    But who would not lose their grip when they know that being the initial customer they can enjoy some of the reserved perks of the SaaS product.

    You can offer perks like lifetime access to the tool in minimal subscription fees, some bonus premiums in the tool, availability of less subscription in upcoming products to early birds, etc.

    Offer them exciting deals that are utterly irresistible for them.

    Affiliate Marketing of your Product

    For getting more subscribers, Affiliate Marketing is a boon for your product. Here you have to pay only for real users, not for the audience gathered.

    Lower the risk, Higher return. Great deal.

    Outsourcing is one of the most frequently used options that will help you with effective affiliate marketing. People will bring audiences for your product, and you will only pay for those who buy your tool.

    Plus, it’s a good thing in SEO, as affiliate marketing brings traffic to your site with content and backlinks.

    With this, you can also drive influential bloggers and get them to write about you and your product. Real money making offers is the thing that they never refuse and will give you the best magnetic content to attract customers for your tool.

    What is the other way in which Affiliate Marketing works?

    Step 1: Personal URL is the primary step of affiliate marketing to bring more traffic to your site.

    Step 2: Marketers can use paid traffic by using Podcasts, YouTube videos, cold emails, AdWords, blogs, etc.

    Step 3: When interested one becomes your paying customers, affiliate marketers get their payment.

    Now finally, you know all the foolproof strategies that you can use for acquiring your initial customers.

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    Conclusion

    So after hearing out all the foolproof strategies and experiences of some SaaS experts that successfully acquire their initial customers.

    At first, it will take lots of efforts to send out information about your tools to a large group of audience but once you start analyzing and summarising the need and problem of the users it won’t take that long for you in the future to get more and more customers to your SaaS.

    There are so many ways to bring customers at the primary stage of service, but a more comfortable choice can make it a more easy and economical way to acquire target audiences.

    Frequently Asked Questions (F.A.Q)

    What is SaaS?
    SaaS is a cloud-based online product service where users can directly use a tool on their internet browser only, they don’t have to download any software for working with different tools.

    Why choose SaaS?
    Cloud-based SaaS solution helps in improvising the quality of service with browser extensions, better user experiences, great robust functionality, and cost-effective for your business.

    Where can you find your prospective customers?
    You can always find your potential clients on social media communities, Quora, Reddit, and many other websites.

    How are SaaS tools useful for organizations?
    SaaS solutions can help an organization perform their jobs more effectively and efficiently by using different creative software. SaaS software can also help with inventory management, finance management, infrastructure, and human resource management.

  • Goalwise VS Kuvera: The Top Contenders In The online Investment Market

    With the introduction of large scale adoption of investment applications and online mutual fund platform. These apps helped an average trader avoid the hassle of being physically present with a broking agency or having to invest separately across multiple asset management company websites.

    These apps offer the user all funds and investment opportunities under one roof, revolutionizing the way we invest. Goalwise and Kuvera are two such investments app that have a command over a great share of the Indian online Investment market today. In this article we take a look at Goalwise and Kuvera  and compare their features and rates.


    List of Top Mutual Funds Startups
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    A Brief on Goalwise

    Goalwise is an online wealth management platform that allow users to buy and invest in direct mutual funds. Goalwise headquarters is in Bengaluru, Karnataka. Goalwise has been a Subsidiary of Finnew Solutions Private Limited since July 2020. Goalwise has received a total of $1Million in funding. Goalwise main competition are Kuvera, Groww and ETmoney.

    As of august 2019, Goalwise has 1.7 thousand fans on facebook and 184 followers on Twitter. It is a new age mutual fund investing platform which provides goal based investing for investors looking to invest in direct mutual funds. With Goalwise one can easily set up SIPs or invest a large amount in the mutual funds chosen by its algorithms.

    If someone is a first time investors looking to get started quickly as well as experienced investors looking for planning and automation. The Goalwise app has features like automation fund selection and switching, automation asset allocation based on the goal time horizon. The app is also highly customizable to suit the needs of every individual investor.

    Company Name Goalwise
    Headquaters Bengaluru, Karnataka
    Founded On 2015
    CEO Swapnil Bhaskar
    Annual Revenue $1.2M
    Est. Customers 20
    Sector Consumer Finance & Credit Cards

    The logos for Goalwise and Kuvera

    A Brief on Kuvera

    Kuvera is a wealth management platform that offers mutual fund selection, goal planning, tax optimizations and portfolio rebalancing solutions. Kuvera was launched in October 2017 and is headquartered in Bengaluru, Karnataka. The CEO and Co-founder of Kuvera is Gaurav Rastogi and the company has received a total of $4.8 million in funding.

    Kuvera is only available as an app and support 38 out of 44 registered asset management companies. The app has managed to sign on 500 thosand users in the last three years managing assets worth RS 8000 crores. Kuvera has positioned themselves as an AI-led platform, Kuvera says its target market is the affluent and mature investors (above the age of 30), hailing from the top metros in the country.

    The kuvera app is free and does not charge users any free on their direct plans regardless of asset size and only charges the transaction charges as per the cost levied by asset management companies.

    Company Name Kuvera
    Headquaters Bengaluru, Karnataka
    Founded On 2015
    CEO Gaurav Rastogi
    Annual Revenue $3M
    Est. Customers 46
    Sector Internet and Application Software and mutual funds


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    Affordability of Goalwise and Kuvera

    Kuvera offers an affordable loan which is up to 80% of your mutual fund portfolio. With kuvera the mutual funds remain secure with the fund house. There is no fixed loan period and a 1 year loan for auto renews on the 12th month. The Kuvera loans start at ₹25,000 up to ₹10 crore. It provides full disclosure from with no hidden fees.

    Kuvera is also flexible allows you to pay your outstanding loan, in full or in parts, anytime during the loan period. With Goalwise it provides you Zero commissions and unlimited investments. While most advisory platforms provide only commission direct plans for free/no transaction charges, account fees or any other hidden charges.

    Accessibility of Goalwise and Kuvera apps

    The kuvera app has a simple user interface which is easy for new users to understand. Kuvera can kick started with a few easy steps which started with a profile setup by providing details like PAN, Date of birth, mobile number, etc. You can then select investment choose between mutual funds, equity stocks, and gold to start your investment journey.

    Choose you type of investment between SIP and one-time investment and place your order. You can choose to pay through different types of payment modes (net banking, UPI, etc.) Once these steps are done your investments are complete, you can track, change or comprehend your investments through an app.

    The best part about Goalwise apart from being free is, it requires only one-time setup. It is a complete set it and forget it kind of system. You can revisit anytime and make changes if required. However, the best thing to do is to set it up once and keep investing.

    Types of investments that Goalwise and kuvera provide.

    Goal based investing

    Goal based investing in Goalwise is one of the smartest ways to grow wealth and achieve all your life goals. A lot of the first time users are not aware of the goal based investing and they then focus on growing their money that’s is what goalwise is known for as it is a goal based investing. When you tie up your investment with a goal, you are more likely to be happier.

    In kuvera setting a financial goal is the first step to make your dreams a reality. Investing regularly is the next step and they guide you to the next step easily. You can simply choose your goal to get started. The switch or redeem order involves costs taxes on short and long term capital gains and exit load.


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    Mutual Fund services comparison

    Kuvera doesn’t pool investors’ money, instead all financial transactions happen directly between the investor and AMC. So even if kuvera goes out of business, your money is entirely safe and you can redeem it anytime. The same is pointed out in one of the FAQs on their website they say that the money goes directly into mutual funds account so all your investments are safe.

    Goalwise however, goes a step beyond when it comes to mutual funds not only does it offer mutual fund suggestions based on your risk appetite and goal tenure, but it also switches your investments automatically to a better performing fund to maximize your returns. They also have a proprietary Glide Path feature that automatically moves your investments to relatively safer debt funds as you move closer to your goal timeline.

    The features that Goalwise and Kuvera provide.

    Tranfer plans

    The transfer plan in Goalwise allows you to switch from regular fund to direct fund. With Goalwise, you could track all your external investments and see which all regular funds you have invested in.  You can also move all mutual funds investment to goalwise.

    So you decided to start using Goalwise and also move all your funds from other brokers/distributor to Goalwise platform, you could do that with just a few clicks. If you ever feel you are stuck with your existing mutual fund advisor, a feature like this makes it easier for anyone to take control of their funds.

    In kuvera it is available to switch to direct plans with the least tax and exit load impact. Switching to Direct has never been easier or cheaper. You can see the optimal number of fund units to switch or redeem before you transact. It helps make better decisions and also will take care of complexities.


    The growth and types of E-commerce fraud and how to spot and tackle them
    E-Commerce is one of the largest sectors in online business. This is a sectorthat is continuously growing in size, volume and influencing the market, itwould be a surprise if fraud wouldn’t take place in the system. Fraud or deceiving criminally intend to gain immoral financial wealth. A personw…


    Customer service

    On kuvera the complaints are addressed by writing to the Kuvera support team via email, as mentioned above. The customer care team has a turnaround time of 24 hours to revert to any user complaints raised. When it comes to Goalwise a quick look at their Facebook page with 5 on 5 rating will tell you that they have a lot of happy customers. Most of the users are in praise for the customer support of Goalwise which happens over chat, email and whatsapp.

  • What is E-Commerce Fraud and how to spot them?

    E-Commerce is one of the largest sectors in online business. This is a sector that is continuously growing in size, volume and influencing the market, it would be a surprise if fraud wouldn’t take place in the system.

    Fraud or deceiving criminally intend to gain immoral financial wealth. A person who intends to deceive others, typically by claiming accomplishments or wealth is called a fraudster.

    Fraud in e-commerce has been increasing globally over the last years due to the immense rise in online marketplaces. With more technology available to fraudsters or unethical hackers, it has become more difficult for e-commerce businesses to keep a track of the tactics used to defraud online businesses.

    Whether the user is simply making a purchase online, it’s essential to stay alert of the types of frauds that exist in the e-commerce industry. There are multiple ways of how frauds are performed and how to formulate a solution for the same.


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    What is E-commerce Fraud?

    E-commerce fraud is a type of fraud that occurs on an online platform. E-commerce fraud is evolving day-by-day, as fraudsters use more advanced tactics and methods.

    The e-commerce fraud occurs when a malicious actor approaches a merchant and proposes a business transaction using fraudulent means such as a stolen or fake credit card to pay for it. This leaves the organization without payment for the sale.

    Using a stolen or fake credit card, using a false identity, and affiliate fraud advertising are all forms of e-commerce fraud. When a customer engages in fraud on the online store, the retailer has to bear this cost, negatively affecting the revenue.

    Fraud has always been around in one form or another, so the concept isn’t new. Initially, it used to be limited to physical stealing, now it has extended to online fraud too. The new technologies behind payment methods, and data processing systems, online store owners are unknowingly vulnerable to new forms of fraud every day.


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    Talking about the fraud online, it commonly takes place when the credit card is lost, or its information is not stored securely. The fraud called card, not present fraud continues to grow over the years.

    Online fraud can also be conducted with personal and credit card information, the card doesn’t need to be present for the transactions. Unethical hackers steal financial information and sell it on the black market. This type of fraud leaves the operators more vulnerable, but there is also a fraud called friendly fraud, where the customer intentionally files a chargeback to gain a free product and avoid payment.

    Frauds via Email
    Frauds via Email

    Types of E-Commerce fraud

    E-Commerce fraud is still alive today because prosecutions are rare, due to time constraint and the constraint of gathering pieces of evidence. It is important to integrate a perfect fraud detection and prevention management system to eliminate fraud on the platform and reduce its impact on the revenue. Here are some types of E-Commerce Fraud.

    Phishing

    Phishing is a meant to collect the piece of personal information like a user ID, password, and credit card information via an email or SMS. In this fraud, the fraudsters send emails or SMS to the user by pretending as the actual online trader.

    Credit Card Fraud Reports in US
    Credit Card Fraud Reports in US

    Clean Fraud

    Fraudsters use stolen payment card information to make an online purchase and use technology to prevent any chances of fraud detection in clean fraud.

    Identity Theft

    Fraudster obtains the identification information of the real user and makes the online purchase on the e-commerce platform. This theft affects both the customer and the seller as the customer places a refund when he detects the fraud.

    Merchant Fraud

    In this fraud, fraudsters create a fake merchant account under the pretence of owning and running a legal business. They use various stolen credit and debit cards to withdraw the amount received before being detected or reported, and the transaction moving to the point of being reversed.

    Chargeback Fraud

    In chargeback fraud, a customer keeps the product purchased from the online store via credit card and claims a refund falsely stating the reason for payment is made twice or purchase never made.

    Return Fraud

    The fraudsters can ask for a refund claiming that the product was never received or requests a refund for a fake product already purchased and swap with the actual product received. In refund fraud, the seller suffers the loss due to the refund of the payment made as well as a loss of inventory when the fraudster returns a fake item.

    How to spot E-Commerce Fraud?

    Fraudsters are great actors and they make themselves go unnoticed. To be safer, here are few things organizations and customers can spot or detect fraud online:

    • Pay close attention to First-time customers who make bigger than average orders
    • Detect unusual or false location
    • A large quantity of the same product
    • Multiple shipping addresses
    • Check if Shipping and billing address are not the same
    • Payment information typed with capital letters
    • Huge number transactions in a short time

    How to prevent E-Commerce Fraud?

    No system can surely detect the fraud but there are several things you can do to make personal and financial information on your website more secure.

    Outsiders’ Assistance

    Hire a professional that can evaluate the security of the website and help in what else can be done to detect and prevent fraudulent activities.

    Timely Update of the Software

    Keep updating the platform or software you’re using to keep the site running, make sure you’re using the latest version. Compromised software is a gateway to the fraudulent activities, providers are hard at work improving the security aspects of their products.

    Check if all the checkout pages are in HTTPS

    The encryption within HTTPS allows the information to remain confidential from fraudsters’ eyes because only the website’s owner and the server can decrypt the traffic.

    Use AVS and CVV

    Address Verification Service ensures the billing address of the purchase matches the billing address credit card company has on file. Credit Code Verification is a code printed on the credit cards, which means that the customer needs to have a physical credit card to make a purchase.

    Fraud protection software

    These type of software detect high-risk transactions and analyze other risk factors to prevent fraudulent activities. To find the right tools that automatically detect suspicious transactions is crucial to protect the business from loss.

    Wrap Up

    E-commerce frauds have grown rapidly over the years. The online market has to make sure they are using fraud protection filters that will alert about anything out of ordinary. Online businesses must know how to recognize a fraudulent order and what tools to use to prevent it from happening.

  • Why has the Paytm App Been Taken Down From Google Play Store

    The Paytm app has been removed from the Google Play Store for violating policies related to unregulated gambling apps. According to CNBC – TV18, Google had notified the developers by releasing a statement on September 18th regarding this issue. Google said that, “we don’t allow online unregulated gambling apps that facilitate sports betting.”  Google also mentioned that the app leads to consumers to an external website that’s allows them to participate in the paid tournaments to win real money/cash prizes.

    That being said this might not affect people that have already installed the app on the phones, but will affect the company as google will not be allowing any more new downloads. The app is to stay out of the platform until the developers bring the app into compliance. However if they are any more repeated policy violations, google has decide to take even more serious action which may include  terminating google play developer accounts.


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    The online betting scam

    The Enforcement Directorate has discovered an online betting scam that involved Chinese nationals that have used online wallets such as Paytm, Cashfree and Razorpay.  It has also frozen Rs 46.96 crore in four bank accounts after raiding 15 locations across Delhi, Gurgoan, Mumbai and Pune after companies were found to be running  some illegal online betting apps linked to China. During the course of the search ED in 2019, the accounts of Dokypay Technology Pvt Ltd were mostly found in the HSBC bank.

    These accounts have seen a collection of Rs 1,268 crore out of which Rs 300 crore came via Paytm payment gateway and around Rs 600 crore was transferred out via Paytm payment gateway. It has also been found that the locals were hired in order to open these bank accounts with the HSBC bank and then open trade these accounts with online wallets namely Paytm, Cashfree, Razorpay, etc.


    Further a network of agents were hired to attract new customers /members, referral codes were then sent privately to invite the new members. These online wallets had lax due to diligent mechanisms and their non-reporting of suspicious transaction to the regulatory authorities helped the accused companies to launch pan India activities. And Paytm app being taken out of the google play store was the result of this situation.


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    The affect on Paytm First Games


    This also comes as a huge blow for Paytm as it was also planning to launch Paytm First Games on the 19th September. Paytm First Games is an Indian Digital payments leader’s platform into the fantasy game segment and had also made Sachin Tendulkar as its brand ambassador. The app had aimed to get over 100 million users during the upcoming Indian Premier League and had planned over 200 live events on the platform over the time range of six months.

    Paytm Response To This


    When asked about this decision, the CEO of Paytm Vijay Shekhar said that companies like Facebook and Google have the responsibility to hep the growth of Indian Startups and the ecosystem. He also added that he thought Google was acting like the judge, jury and executioner because it has the power to remove apps from the App store.

    Paytm had earlier put out their official statement, in which they stated that they observed google has been using its policies, rules and regulations selectively allowing a few large companies like Paytm First Games to distribute and list their respective  Real money gaming apps on play store, without any action, hindrance by google  play store and supporting this unfair trade and practices.

    The statement also included that FIFS took this matter up and reached out to google to protest against this unfair trade practice. Paytm also has insisted that is a level playing field is not re-establishes , we may be forced to seek any other advice including legal action. Promotion of MPL in times portfolio companies including Cricket Buzz, Gana, MX player has also been stopped. And ended it by saying that they were confident and will be able to convince them to allow all our member apps on the Play Store.

    The Current Situation

    Later on in the day, Paytm has successfully managed come back on Google play store as CEO of Paytm Vijay Shekhar, Tweeted saying that “Thanks everyone for your support! Paytm App is back, live in Play Store. We launched a UPI CashBack campaign this morning. Our app got suspended by Google for this. India, you decide if giving cash back is gambling.

  • Remote Sales: Online Selling Tips From The Experts

    Online selling has turned into an excellent way for people to earn money. It’s also a good way of making friends and being recognized online. If you’re thinking about selling on eBay or another online platform, then you have to start by learning selling strategies from the experts.

    If you want to start a home-based business online, it’s important to follow some online selling tips from the experts. Here are some remote selling tips that have been tried and tested by thousands of online sellers to help you make more sales and increase your profits.

    1. Focus On Your Website
    Make sure that your website is easy to use and understand. It should be well organized and have all of the necessary features that can help make things easier for your customers. This means having a page that offers easy to read navigation, an easy to read message box, and an easy to navigate home page. If you can accomplish all three things, you will increase your customers’ experience with your website. It will also help get more people to click on your ads, which will increase your chances of making sales.

    Remember to make your website search-engine friendly as well. You should always ensure your website has the appropriate keywords to make it easier for customers to find what they’re looking for online. Use these keywords in written text, links, and images that you use to promote your products or services, and make sure you place them at the beginning and end of the page wherever possible.

    Most importantly, ensure your web page is accessible to customers. Many online sellers make their websites appear too busy or cluttered. A simple design that makes the most sense for your site will increase your visitors’ experience, making it easier for them to find what they are looking for.

    2. Think About Your Products And Service
    Make sure that you offer products or services that your customers want to buy. If you’re not offering something appealing or are having trouble making sales, it may be time to close your website and move on to the next one. It’s important to offer something useful to your potential customers, but not necessarily anything they cannot afford. Try to offer the same products or services that you would give to your family and friends, but make sure everything is priced reasonably.

    You may have to do some research into the products that are available and find out if they’re what your customers want. Often, you’ll be able to purchase these products at a discount in bulk. You can then add them to your inventory to sell online. If you don’t have enough of the products on hand, you can look for online vendors who sell the products from other businesses.

    Choose product or services that have already been tried and tested by consumers and find things you believe are of high quality. You will be able to use this knowledge to build a relationship with your customers. Once you have established a good relationship with your target market, you can then focus on creating more sales leads.

    3. Create Or Look For Relatable Networks
    Another good tip is to consider setting up a network to sell your items with other people who are also selling remotely online. You may be able to sell your items to them, or refer them to others. This can be a very effective way for you to expand your network, and it can help you sell more of your products at a much higher price than you would if you were to do it on your own. The more people you can refer to your business, the more money you will be able to make because you’ll gain more customers in the process who can buy more of your items from you.

    4. Entice Customers With Freebies
    One of the best tips to learn from successful online sellers is giving out freebies. Many sellers offer their goods or services for free to new customers, almost like a trial. When it comes to choosing products to sell, freebies are a great way to expand your customer base and attract new leads.

    Many of these freebies come in the form of articles and eBooks that provide valuable information on a certain topic. If you already have a website, you can offer blog posts as free resources and then promote your site through this resource. You can also offer products that you have created on your website as gifts. This gives visitors to your website a chance to try out the products and then purchase them if they like them.

    5. Pay Attention To Marketing
    You may want to make some changes in the way that you advertise when selling online. If you are advertising with traditional media such as television, you may want to consider using video to promote your business. This will allow you to reach your target audience much more effectively. Advertising on television is also a great way to create sales leads.

    However, many successful businesses don’t advertise on television or radio anymore. Instead, they invest their marketing budgets into social media. Advertising on social networks allows them to get the most exposure. They may even be able to reach a larger audience than they could with traditional media advertising.

    Products don’t always sell themselves. There must be a good reason for a person to buy a product, whether for convenience or quality or both. A good advertising campaign can help make sure that your products sell and help you earn profits.

    Patience Is Key
    A successful online business will start with the right kind of planning and attention to detail. When you find yourself in this position, it is important to find new and interesting ways of advertising, building a list, creating quality articles, and using social media. The more time and effort you put into your online selling business, the better your chances will be of success.

    Do not be discouraged if you do not receive great sales at first. A business is not built overnight, and it takes time to build up an extensive list of customers and a large following.

  • Why Houseparty Feels Like No Other Video Chat App Available Today

    It’s Hard to Predict the Future

    If you told someone living in 1990 that every single day, we would be chatting with friends, family members, coworkers, and clients using real-time video, they wouldn’t believe you. Furthermore, they wouldn’t believe that so many of us would feel so tired from a long day of video calls, making it difficult for us to want to catch up with our friends and family members when we don’t always have the ability to be together in-person.

    You, living in the future, would find yourself explaining that work calls, where you have to now listen intently to what someone is saying and make eye contact with possibly multiple speakers at once, may find yourself able to explain how technology has both made your life better and much, much more complicated – but you may not be able to easily explain why it’s so hard to stay connected. After all, if someone had never had an email address, send an invitation to a conference call, coordinated their schedules, and gotten together like this before, how hard might it be for them to understand what is that you – and we – have been doing for the last several years?

    Breaking Through the Noise

    What might be a whole lot easier to explain to someone living in 1990 is Houseparty. All you have to say, really, is, “It’s like hanging out at someone’s house, but it happens on your phone. Guests can come and go as they please, you can see everybody, you can play games, and you can catch up, have a casual conversation, and stay connected with the people you want to see the most – as well as their friends, too!”

    You see, unlike other video conferencing apps, Houseparty is more than a portal. It’s a social platform. It helps you easily find your friends who have already joined Houseparty by sharing your contacts with the app, allowing you to quickly add your friends and family members without jumping through hoops.

    Next, all you have to do is simply open the app to get into the House and connect with friends! You can join open chats that your friends (and their friends) have going, start one of your own, or be invisible so that others can’t see you go in and out of chats. You can lock a chat when certain people are in, and a chat hits capacity when there are eight people in it. However, what makes the Houseparty app so unique is that much like conversations at a real party, people can casually come and go as they please – there’s rarely a set agenda, the danger of overstaying your welcome, or the possibility that everything will slow to a crawl, leaving everyone uncertain as to how to keep things moving.

    Why is this the case? It’s simple.

    Houseparty Creates Variety

    To keep your video chats fun and fresh, Houseparty is always adding new features. These include fun video backgrounds created by a wide array of independent artists, adaptations of classic toys like Magic 8-Ball, and tons of games built directly into the platform. These don’t require any additional software to play, work across devices, and make it extremely easy even for someone who just time traveled here from 1990 to have a good time.

    Some of the most popular games on Houseparty include Trivia, the always-exciting bar staple. Houseparty has built a robust, thrilling trivia experience by creating dense, deep decks with hundreds of questions designed to test even your nerdiest friends’ knowledge of pop culture, current events, general knowledge, and much more. There are also special one-off and limited edition trivia decks, including Fortnite Trivia Royale, which helped tons of Fortnite players acquire a new item by answering trivia questions correctly, and UEFA Champions League Trivia – a celebration of the return of the League presented in collaboration with Pepsi.

    Other decks that have been created for Houseparty Trivia include Pop Culture, Outer Space, Musical Theater, and ‘90s Cartoons, though there are many, many more currently accessible and many to come.

    Additionally, the partnership between Houseparty and Mattel doesn’t end at bringing the ask-and-shake action of Magic 8-Ball to the Houseparty app – players on iOS, Android, and the Houseparty Web app can now enjoy UNO! The fast-paced card game has been adapted for Houseparty, allowing players to match, draw, skip, and, most importantly, shout “UNO” when they have one card left before someone else realizes it! It’s not just a blast from the past – it’s a party game that anyone can play and enjoy.

    Bringing the Fun Back to Video Chat

    With Houseparty, these are just a small handful of the features – and options – that will keep you and your friends and family entertained when you can’t be together.

  • A Crisp Guide to Use Video Marketing for Better Branding and Visibility!

    The idea of video marketing isn’t new. However, the video started to get its special role when it comes to this niche at the beginning of 2016. By 2018, the frequency of video content in the field of marketing has increased so much that it’s becoming number one in the branding and visibility of companies. Businesses that have been affected by the Covid-19 pandemic and have started operations in the post-Covid world should also pay attention to this trend.

    Video content is an important part of marketing campaigns, especially those involving social networks. Although each social media platform differs in the degree of representation and importance of video content, it’s inevitable that the whole of it is gaining an increasingly important function and purpose in the market.

    Marketing experts believe that video should enable consumers to do more things: humanize the brand, educate potential customers, as well as provoke an emotional response.

    Humanization of the Brand

    When it comes to humanizing the brand, it usually means that the video should show not only the product and its application in everyday life but also what role, significance, and function it has in relation to users. Video content should, actually, show the interaction between the product and the consumer.

    Brand humanization also means the process of creating the product or service we want to sell, whether it’s the process of organizing activities or the people we come in contact with. In this regard, it isn’t only important to build a brand, but also to humanize it and adjust it to the values of the consumer group we’re targeting.

    Consumer Education

    The next thing the video should offer is educating potential consumers. It often happens that people aren’t familiar with the product itself or, worse, its use which initially rejects them to participate in the playing of video content. Of course, there are many tactics about how colors, sound, or appropriate shooting angles evoke certain emotions.

    What’s important to remember is that we can’t sell something that’s unknown to customers. And even if it is known, if you sell or offer a service that is, for example, in the field of psychology and everyone assumes what the service is for, it’s very important to see a specific person with specific skills presenting his/her services. In this way, consumer education is combined with the humanization of the brand which, in most cases, provokes a positive emotional response.

    Provoking an Emotional Response

    Another item that was mentioned at the beginning, but also at the end of the previous paragraph, is precisely the provocation of emotions in consumers and the creation of an attachment, more precisely, habits to the brand itself.

    From 2018, the brand got a completely new perspective of being observed because it’s mostly presented from the aspect of video content like Facebook and Instagram stories, Whatsapp stories, and more. The importance of addressing people who follow you on this social network on a daily basis must be stressed.

    However, it should be taken into account that Instagram is unique precisely because the stories are shorter than the video and last only 15 seconds. Not every video is the same and certainly shouldn’t be because its character depends on the purpose and the message we’re transmitting.

    Main Variants of Video Content for Marketing!

    There are several types of video content:

    Demo Recordings

    Demos show how the product works, how it is used, and what its components are. Demo recordings are better used when we have a specific product that we want to sell.

    When it comes to services, it’s a little harder to show them through video content, especially those types of services that require, for example, counseling work and where clients can’t see anything other than two or more people talking.

    Brand-Oriented Videos

    Brand-oriented videos are usually created as part of a larger advertising campaign, showing the vision and mission of the company. The goal of these videos is to build awareness of the brand and its integrity and, thus, attract the target audience.

    Videos in Event Promotion

    Certain videos may be aimed at promoting events organized by the company. These can be conferences, forums, fundraising, or other types of events.

    Video Interviews

    Recording interviews with internal experts or leaders in your field is a great way to build trust and authority.

    “How to” Videos

    Certain videos, i.e. “HOW TO” video tutorials, aim to educate clients. These videos can be used directly at the point of sale because they facilitate the work of the service team with potential customers.

    Troubleshooting Videos

    This is the most practical video content for gaining the trust of the target audience. In addition to explaining how a particular product or service solves a particular problem, it would be even better if it were a snapshot of customers talking about their experience.

    Something similar to this can be seen in the advertisements of companies that produce ointments, furniture, etc. that often interview people who have used their products.

    Live Videos

    This item is especially important on Instagram but live videos are equally important on Facebook and other social networks. This type of video material allows direct interaction with the target group. Live videos should be used for all doubts, questions, and ambiguities regarding a particular product.

    This type of involvement, since it requires interaction with the audience, has a much higher chance of building the integrity of the brand and its reputation than most others.

    360-Degree Virtual Tour

    A 360-degree virtual view allows the target audience to view the product from all sides and all angles, which creates a sense of presence and direct acquaintance with the product.

    What should you stress to make marketing videos better for your business?

    Suppose you opt for some of the above-presented video content types. After publication, you should be monitoring the following factors:

    Number of Content Views

    This factor is great for tracking the increase in brand awareness and visibility of content to more people. However, it’s important to remember that each video hosting platform measures the number of views differently.

    Play Rate

    This factor helps determine how relevant or appealing your video is to your audience. If, say, 1,000 people see your video but only a few people play it to watch it, that means the content isn’t well optimized.

    Social Exchange and Comments

    Integral parts of social media are sharing and commenting. Those actions are good indicators of how relevant your content is to your target audience.

    Social networks just love popular and interesting content, so the more you share specific video content, the more often it appears to people you didn’t necessarily target through the campaign.

    Who Clicked on the Video and Who Actually Watched It?

    If a large number of people click on the video but a small number of them finish watching it, that can also be an indicator of poor optimization.

    Click-Through Rate (CTR)

    This factor represents the number of clicks or reactions of the target group to your content, divided by the number of real views of that content. If the CTR is low, it means you need to pay huge attention to the content.

    Conversion Rate

    The conversion rate is the number of desired actions performed, divided by the number of clicks on the specific action you created. If your goal, for example, is to get as many signs up as possible for a free download of a book, then you should consider creating a special page on the website that will be used exclusively for this action.

    If you decide to create a web page whose purpose will solely be to achieve results for a specific action, make sure to choose a proper web hosting for your website, in general. If you fail in this step, the conversion rate will be low because the visitors/customers will face slow loading of the web page or, even worse, page errors.

    MySQL hosting, whose performance and advantages have been assessed here, can solve your problem of a slow site you got tired of.  Also, if you aren’t satisfied with your current web hosting company and looking for one that will do its job better, look no further than MySQL hosting. In addition, most providers dealing with MySQL hosting will enable the successful migration of your website accounts, emails, and databases.

    Retention Time on the Website

    You need to check the retention rate on social networks or the website before and after adding video content, and see if it makes any difference.

    To Summarize…

    Video marketing is a strategic part of every company’s branding and, over the years, it has become an increasingly powerful tool in the market. However, in order to be effective, it’s necessary to know the tactics of creating video content, as well as many accompanying things such as sound, color, angle, and other factors that also affect the eye of the viewer.

    After creating quality content, you enter the matrix of social network statistics that should help you raise the quality of those topics that video content covers. In that way, by following the statistics and the reaction of the group, you’ll be able to build permanent integrity and trust of the users.

    Why is all this important? Trends in the field of SEO dictate the rules of appearance on the Internet, and one of the most significant trends is video. Video is the most powerful medium that best and fastest conveys certain information, content, or message. Or simply put, website visitors will rather watch the video on the website if, of course, it exists than read the text.

    The very existence and use of videos affect the SEO of websites and help them rank better in search results. Investing in videos doesn’t have to be too expensive. It’s much more important to be creative and think strategically about your website. Of course, don’t forget to successfully perform video optimization for search engines as this can significantly increase traffic and, especially, conversions.

  • 5 Great Tips to Upgrade Your Home Office

    Whether you are someone who does the entirety of the job from home or you just need somewhere in your house where you can catch up on work when you need to, having a home office is an invaluable tool. Setting aside a dedicated space in your home for you to work in is both a powerful psychological trick for enhancing your productivity as well as a worthwhile practical undertaking for using the space in your home more efficiently.

    Instead of letting your work spill out over the entire household, you can keep it all contained within a single space. More importantly, you can keep everything you need for your work organised and together. When you design it right, your home or office can be an invaluable partner in productivity. Below are some top tips for upgrading your home office.

    5 Great Tips to Upgrade Your Home Office

    1. Set It Up For Productivity

    If you want to be as productive as possible when using your home office, then you need to design its layout with productivity in mind. First and foremost, you should choose a location for your home office where you can be sure that you won’t be disturbed for most of the day. You want to minimize the number of distractions around you – keeping yourself far away from the hustle and bustle of your own home will help a great deal in this respect.

    Set It Up For Productivity
    Set It Up For Productivity

    But it isn’t just the location of your office that matters. The way that you decorate it and lay out the furniture inside will have an impact on how productive you can be when you are working there. Some people advise that you stick to neutral colors, so as to avoid creating an environment that is too stimulating or sedating. However, in practice, whatever kind of environment you personally find most conducive to your productivity is fine. Some people prefer to work surrounded by color, whereas others prefer a more mundane backdrop.

    2. Get Yourself a Coffee Machine

    Anyone who has ever had to work an office or retail job will understand the importance of caffeine in creating an ideal work environment. There is evidence to show that caffeine can improve our concentration and memory, to an extent. Of course, if you overdo it with the coffee, then you are going to have a bad time. But in moderation, coffee isn’t just a tasty refreshment; it is also a genuinely useful tool for improving performance and concentration when you’re working in your home office.

    If you are a habitual coffee drinker, it is worth considering investing in a coffee machine. You can compare commercial coffee machine prices online. If purchasing one of these machines is out of the question for someone on your budget, then you can always consider renting or leasing a machine as a more cost-effective alternative.

    3. Don’t Deprive Yourself Entirely of Distractions

    Creating a productive environment means that you’ll need to keep the number of distractions present to a minimum. However, even the most dedicated workers can only focus on their work for so long before they need a break. Many people also find that it helps to take regular short breaks from their work in order to give their brain time to refresh and avoid becoming fatigued.

    If you try to spend an entire day working without taking a break to even glance at your phone or briefly check your social media, you will be setting yourself up for failure. It is much better to work out which of your preferred distractions are the least damaging to your productivity and keep these nearby.

    For example, if you find that strumming your guitar for a while clears your mind and enables you to work through any mental blockages that you are having, then, by all means, keep a guitar in your home office. On the other hand, if you are incapable of working productively when there is a games console within reach, make sure that you keep your home office free from any traces of games consoles.

    5 Great Tips to Upgrade Your Home Office
    5 Great Tips to Upgrade Your Home Office

    4. Keep It Comfortable

    When it comes to striking the right balance in terms of how comfortable you make your home office, you want to create an environment that is comfortable enough that you can happily work in it for extended periods of time without feeling the strain, but not so comfortable that you are tempted to fall asleep every time you sit down. No one can work at their best when they are physically uncomfortable. If you don’t consider this when you are designing your home office, you may well end up with a space that is unpleasant to be in for the duration of a full working day.

    Enhancing the comfort of your office is not difficult, nor does it have to be expensive. Investing in good quality furniture will certainly help. That might cost you more money upfront, but more expensive and higher quality furniture isn’t just more comfortable, it also has a significantly longer lifespan than the cheaper alternatives.

    Another important aspect of your comfort to consider is the temperature. If your home office consists of a small enclosed room, a laptop or computer that is working hard can generate a surprising amount of heat, essentially acting as a small radiator. You should consider the ventilation and airflow in your home office, and if necessary, consider getting a fan or air-conditioning unit in order to keep the temperature comfortable.

    5. Add Some Exercise Equipment

    Lots of people who regularly work from their home office find that they are more productive if they aim to take lots of small breaks throughout the day, rather than trying to power through the whole day with as few breaks as possible. If this sounds like you, then we would strongly recommend that you consider investing in some exercise equipment for your home office.

    You don’t need to go overboard and buy yourself an expensive treadmill or exercise bike, any simple piece of exercise equipment will do. The goal is to give you something to occupy your downtime that will not distract you from the work at hand. Exercise equipment is perfect for this as it can keep you completely occupied while you are using it, but will not generally tempt you away from your work when you are trying to remain productive.

    Anyone who regularly works from home can benefit from having a dedicated home office space within their home. If you already have such a space, or you are looking to create one in your home for the very first time, you should design its layout in order to maximize productivity.

    To achieve this, you need to strike the right balance between creating a space in which you can be comfortable and relaxed while working, and one that is free of distractions and discourages you from allowing your mind to wander.

    The ideal home office is one in which you feel comfortable, but eager to work in. It should also be a space that you can comfortably spend a number of hours in, potentially even an entire day. The right home office can make an enormous difference to your productivity, so it is well worth investing in creating the right kind of space.

    Upgrading Your Home Office – FAQs

    What should every home office have?

    Check out these items that every Home office should have.

    • Monitor
    • High-Speed Internet Access
    • Adequate Lighting
    • Comfy Chair
    • Printer
    • An Uninterruptible Power Supply (UPS)
    • Storage Needs

    What are the useful 5 ways to upgrade your home office.

    5 ways to upgrade your home office

    1. Set It Up For Productivity
    2. Get Yourself a Coffee Machine
    3. Don’t Deprive Yourself Entirely of Distractions
    4. Keep It Comfortable
    5. Add Some Exercise Equipment

  • How to Engage Your Audience with Presentations Layouts?

    “Every new thing creates two new questions and two new opportunities” – Jeff Bezos.

    The same analogy applies when giving professional presentations.

    Imagine presenting a text-heavy 50 slides to a group of uninterested people. Half of them are yawning while the other half is waiting desperately for you to leave.

    Heart-breaking, isn’t it?

    After burning the midnight oil, your efforts land in a trash can.

    While this is not surprising, retaining your audience’s attention is considered a daunting task. According to a study, humans listen at an efficiency rate of 25% or less. We remember only 10% of what we hear after 72-hours. This makes life complicated for people giving business presentations.

    If your presentations are text-heavy, lack visual, uninteresting, and non-interactive, your audience will lose their interest sooner or later.

    That’s why you need presentation layouts to engage your audience.

    From getting new business to engaging your audience, a professional layout answers all your presentation misery, and will help boost your business plan.

    Easy Ways to Engage Your Audience with Presentations Layouts!

    With attention span reduced to eight seconds from 12 seconds in 2000, engaging your audience is an uphill battle. Using presentation templates and layouts, you can create stellar slides to keep the audience interested.

    Follow the rule of three

    What does 9-1-1, ‘start-middle-end of storytelling, and presentations have in common?

    Presenting ideas and stories in threes creates the most memorable experience, and it’s a concept widely used since the time of Aristotle. People remember only three things from your presentation. Why do you want to throw 25 or 30 odd things at them? The longer your key points’  list, the more complex and confusing it is for your listeners.  

    Even Steve Jobs used the rule of three in his presentation to describe iPad2. He described iPad2 using three adjectives’ thinner, lighter, and faster’. These three words successfully conveyed the meaning.

    When it comes to presentation, divide it into three sections. Use a three-part presentation layout to organize and deliver content.

    Tip: Use the list of three to sell your ideas to investors and engage your audience. In the figure below, notice how a presentation slide sends across a message without making the slide text-heavy.

    Follow the 10-20-30 rule

    If you don’t want to fall into the bucket of presenting terrible pitches, follow the 10-20-30 rule while creating a presentation. When Guy Kawasaki first coined the term, little did he know that it would be impactful after so many years? According to the rule, a presentation should:

    • Have only ten slides
    • Take 20 minutes to present
    • Use thirty points for the font

    Does this sound overwhelming? When you present using this rule, you understand the genius behind the system.

    Why only ten slides?

    According to Kawasaki, listeners cannot understand and retain more than ten concepts at a time. The ten pointers you select depend on the pitch for your business, but ideally, it should identify a problem, give a solution, and describe ways of achieving it.

    What’s it about the 20 minutes marathon?

    Studies have found that adults pay attention for 15-20 minutes at a time during a lecture. Secondly, during a 50-minute lecture, most adults cannot retain or recollect information shared with them recently. As a result, Kawasaki concluded that the ideal length of presentation should be 20 minutes or lesser.

    What’s so special about the 30 point font?

    As a listener, how often do you pay attention to slides using 11 or 12-point text?

    Such slides are often overlooked due to their small font size. It also fails to stir visual stimuli. So, it makes sense to use a 30 point font. Apart from visually attracting your audience, it lets you find the most salient features for your presentation.

    Tip: Never torture your audience with persuasive presentations; instead, give them something they’ll enjoy reading and listening to. The 10/20/30 rule could become a bible for presentations.

    Use images with faces

    We, humans, are trained to be amazingly good at seeing faces. According to a study, a human face instills trust, and customers like brands using faces in their brand visuals. But, why does your audience resonate with images having faces?

    • The pattern recognition machinery in our brain efficiently extracts a face from a clutter.
    • It helps to form a human connection with your audience.
    • People remember a face more than names.

    This is why a presentation layout with faces will get your desired attention.

    Tip: Faces help frame the text, especially if the face is looking in the right direction. Our eyes tend to drift in the direction of where the human figure is looking.

    For example, use the picture below and enter your text on the right side. The human face drifts attention to where the eyes and finger are pointing. Any text or message you enter in that area is likely to garner attention.

    Use a lot of white space

    “The music is not in the notes, but the silence between them” – Claude Debussy.
    This line rings true even for presentations. Like music, a presentation requires a lot of empty (white) space to absorb any content. One of the most significant mistakes while delivering presentations is cramming your slides with too much text.

    This is why top brands use an image with a single line of text in their ad campaigns. If you’re looking to master your next presentation, include a lot of white spaces because:

    • It makes a slide easier to read
    • It helps draw the attention of your audience
    • Funnels critical messages to your target audience
    • Helps prioritize information

    For example, to showcase their finest product range, Tinker uses an image purposely covering an entire page and uses many white spaces with a little text. Due to the white spaces, the message stands out. You can replicate the same web design and layout concept in your presentation.

    A cluttered presentation is similar to a cluttered desk. You can never locate what you want on time. Therefore, it’s imperative to use white spaces in your presentation to simplify the design and send across a message to your audience.

    Tip: White space is the de-facto design standard in presentation, and by overlooking it, you’re missing a plethora of opportunities.

    Conclusion

    From TEDx talks to Steve Jobs, you cannot ignore the power of presentation. It’s one of the leading ways to connect with your audience, change their perception and sell products.

    A winning presentation is neither difficult nor expensive. It’s just clear, concise, and delivers your message.

    So, the next time anyone asks you to create a presentation, pop your soda can, uncork it, and tell them you’re ready with a presentation. A presentation layout is an effective and inexpensive method of creating stellar presentations.

    To engage your audience, create functional yet attractive slides, minimize content usage, pick pictures with many whitespaces, use human faces, and ensure there’s always a contrast between the text and background. A yellow color text doesn’t look appealing on a white background. But, a brown color indeed does.  

    Furthermore, when laying out presentation elements, focus on the rule of third and the 10-20-30 rule.

    Congratulations! You’re ready to create a top-of-the-class presentation!

  • Funds raised by Edtech Startups in India

    Educational institutes, professional training programs, schools and colleges have been going online for a while now, even e-learning companies are rising to this situation. This type of learning is not limited to high school and college students who are availing their services, even professionals/employees are availing their products for vocational courses and re-skilling programs.

    Edtech startups are making it easier to learn on the digital platform and make it an effective alternative to classroom education besides it is a matter of security in a situation like pandemic which caters to a large audience across geographies at a fraction of the cost. Usually, all you need is a trusting internet connection and bandwidth and you are good to proceed with the learning and also India’s internet connection has grown and exploded in recent years is not to be missed.

    Education-technology or Edtech startups have mastered the art of attracting the investors with a hue number of funding. For starters, in the initial months of 2020 in India, edtech ventures have experienced an astounding amount of $686.32 million in 21 funding rounds, a crisp surge from $450 million in 87 rounds in the entire year of 2019.

    India’s biggest online education companies have seen a paradigmatic shift, one of the renowned names is Byju’s. Other well-known names include Board Infinity, Great Learning, Lido Learning, Pedagogy, Toppr, Unacademy, WhiteHat Jr and Vedantu, Handa ka Funda, Upgrad.

    The data also shows that Bengaluru-based companies attracted $944 million of investments in the edtech space, the highest across cities in India.

    Developing Edtech startups in India
    Developing Edtech startups in India

    India’s Edtech startups funding

    According to a survey, Mumbai-based Education-technology startups were raised $109.3 million during the pandemic. Startups based in Gurugram raised a total of $33.19 million, coming the next in line.


    Vedantu – Founders | Funding | Business Model | Revenue | Competitors
    Conventional learning and teaching methodologies endures a lot of inadequaciesin learning outcomes. The major problem of classroom education is that it isnever equipped enough to match every individual student’s learning pace andabilities. Vedantu resolves this problem with its personalized onlin…


    In this year, Bengaluru-headquartered Byju’s have raised around $500 million, at an estimated valuation of close to $8 billion. Much later a developing organization called Unacademy raised $110 million in a funding round led by Facebook and General Atlantic. At the same time, Bengaluru-based developing online tutoring platform Vedantu raised $24 million.

    Some of the developing edtech startups and their funding amounts.

    Startup Funding Amount
    Udacity $161,00,000
    Auxilo $67,00,000
    Pedagogy $400,000
    Knorish $323,000
    Univariety $11,00,000
    Kangaroo kids $20,00,000
    CueLearn $19,00,000
    CollegeKhabri Undisclosed
    Callido Undisclosed

    Since a past few years, edtech companies are all charged up and looking forward to their interactive online tutoring content, targeting school students and candidates preparing for competitive examinations and government jobs across all over the nation with no geographical barrier to learn.

    Other funding programs in this year for edtech startups include Testbook, which raised about $8.3 million in a Series B round. Noida-based edtech organization Classplus raised $2.5 million in a pre-Series A funding round from Blume Ventures, Sequoia Capital and many more. A Mumbai-based online interactive platform provides learning content and test prep for competitive government examinations.

    EdTech startups in India are growing at an average rate around 55%.

    Types of learnings through Edtech companies
    Types of learnings through Edtech companies

    Some developing edtech startups  

    The growth in Internet users have almost reached 730 million in India giving birth to a new wave of development in online education industry. The cost of Online Education is also low as compared to offline education.


    Codevidhya Success Story – Founder | Funding | Business Model | Revenue
    In India, there has been a growing gap between the industry needs and the skillsof the students. A study by employability assessment company ‘Aspiring Minds’,carried out in 2017, shockingly revealed that 95% engineers in India are not fitfor software development jobs. Codevidhya is an Ed-Tech co…


    InterviewBit this year raised $20 million in a Series A round from Sequoia Capital India, Tiger Global, and Global Founders Capital.

    WhiteHat Jr has raised around $10 million in Series A funding led by existing investors Nexus Venture Partners and Omidyar Network India.

    Doubtnut raised $15 million in a Series A round from Sequoia Capital India, AET, Omidyar Network India, Tencent, and Curefit’s Ankit Nagori.

    Lido Learning has raised a Series B round in two rounds, $3 million from Alex Samwer’s Picus Capital, Paytm’s Madhur Deora, followed by $7.5 million from BAce Capital, along with the existing investors in the company.

    Toppr raised over $47 million, or near about Rs 350 crore, in a growth funding round as edtech startups continue to benefit from the pandemic-driven lockdown situation.

    Embibe, Reliance-owned, have raised $12.6 million, followed by $66 million, from the parent company.

    Hiring in Edtech Startups  

    Since the surge in the growth of online education has taken place this year, there is huge need of human resources in these edtech companies.

    Edtech is be one of the very few industry that is creating jobs and hiring even during the pandemic. Giants in this sector like Byju’s is looking forward to hire 4,000 people in the next six months in business development, content, and tech roles. Following the company called WhiteHat Jr which is recruiting candidates for teaching coding online.

    Conclusion

    With the availability of funding across the various stages of growth of edtech startups, only situation will show if edtech companies can maintain the momentum in the future.

    Several people have now more hours that they can invest and learn many more interesting things online. Many of them are investing that time in upskilling themselves through online courses.