Tiger Global Management is known to be the most statistical and voracious startup investors among all. It has developed with a great prospect and is proceeding towards investing in more prominent startups, especially those who hold the potential to earn unicorn status someday. And in recent years, Tiger Global Management has made hostile growth.
Tiger Global Management is a New York-based investing firm, built in the early 2000s. The firm not only made remarkable progress but also became one of the most prolific investment firms among the billion-dollar startups. The estimated value of the total assets of Tiger Global Management is around $65 billion.
In the initial days, Tiger Global Management invested in private companies in India and China but now, the firm invests in some of the biggest startups companies. But, how does the firm gain such progress? Well, to understand it better we need to know the strategies and portfolio for Tiger Global Management.
According to the Crunchbase data, Tiger Global Management has invested in 118 companies in 2021. The firm has made ten times more growth in the initial months of 2020. In this article, we have presented some of the biggest investments made by Tiger Global Management. Let’s get started!
Infra.Market is a well-established technology firm that offers a one-stop marketplace for manufacturing materials and goods. Recently the firm has raised its Series C funding to $100 million led by Tiger Global Management along with some other potential investors like Nexus Venture Partners, Accel Partners, Sistema Asia Fund and Fundamental and Evolvence India Fund.
The largest funding amount received by Infra.Market is $1 billion making its absolute way to the unicorn list. This funding is intended for the advancement of the seed market and their private label brands enhancements, technological offerings and direct-to-direct channels and exports. The company founded by Aaditya Sharda and Souvik Sengupta in 2016 has made quite an impactful position in the market.
Innovaccer
Innovaccer Website
The very prominent Innovaccer is a healthcare software-as-a-service (SaaS) startup. The company has recently gained unicorn status after the tremendous fund-raising session by Tiger Global Management, which helped it reach a valuation of $1.3 billion.
The last year estimated valuation of Innovaccer was $350 million after the Series C funding round but when the SaaS startups were globally increasing their capital and catching investors attention, Innovaccer raised the valuation to $105 million in the new round.
Innovaccer has many potential investors such as Dragoneer, Steadview Capital, M12, B Capital Group and Mubadala Capital. These investors participated in the new round of funding along with the OMERS Growth Equity. And so far, Innovaccer raised $225 million.
The widely famous Ola Electric Mobility Pvt. Ltd is a well-established private company in India for its cab services. Recently, Ola received a great investment from the ride-hailing unicorn’s investor, Tiger Global Management.
Ola is aimed to enhance its Mission Electric programme which was announced last april. In this programme, Ola will launch 10,000 electric vehicles, mainly three-wheelers and intended for promoting one million electric vehicles by 2022.
Ola is currently testing several commanders to deploy electric vehicles and their charging solutions. Moreover, it is working on the advancement of battery swapping stations and two or three-wheeler electric services.
Ola is making its strong uphold position among the industries and currently working with many prominent automobile industries in order to enhance the functioning of electric vehicles.
Brex
Brex Website
The prominent San Francisco based startup, Brex Inc., offers corporate cards to several companies as well as venture capital-backed companies. It received a major uplift of $425 million through a funding round investment by Tiger Global Management.
Previously, Brex valuation was estimated as $7.4 billion from the investment from TCV, Ribbit Capital and many other firms.
Brex entered the sector which was majorly dominated by the likes of either American Express Co. or JPMorgan Chase & Co. The company experienced progressive growth together with manufacturing other products such as business cash accounts and bill pay software. This brought a clear targeting measure for traditional established small to the big businesses.
Flipkart is a well-known E-commerce company, whose $14 million worth of shares has been sold to the Tiger Global Management firm by its co-founder Binny Bansal. Ever since Walmart grasped its hands around the E-Commerce firm, this would be the third time when Binny Bansal sold a tranche of his share.
The shares holding of Binny Bansal has been transferred to two types of Tiger Global Management funds. The first part of the share i.e., 47,756 equity is transferred to the existing Internet Fund III Pte Ltd. and the other 54,596 is to incoming Tiger Global Eight Holdings.
Conclusion
Tiger Global Management has made great progress in recent years and the firm has gained many portfolios as well. The firm is going for every potential startup doesn’t matter how established they are in the market. It is investing in many new potential startup companies through millions of shares.
In other words, Tiger Global Management is acquiring every opportunity of investing in independent potential startup companies. And with this exponential graph flow, Tiger Global Management is estimated to grow even more aggressively.
Today, almost every startup aspires to secure investment from Tiger Global Management. However, there are still many heights that Tiger Global Management has to reach.
FAQ
What is Tiger Global Management?
Tiger Global Management is an American investment firm that focuses on internet, software, consumer, and financial technology industries.
What are the top startups funded by Tiger Global Management?
Flipkart, Brex, Infra.Market, Innovaccer and Ola Electric Mobility are top startups funded by Tiger Global Management
Who is the founder of Tiger Global Management?
Chase Coleman is the Founder of Tiger Global Management.
The role of startup Incubators and Accelerators has a significant impact on the Indian Startup Ecosystem. Hyderabad, being the major city of the technology industry and termed as the āCity of Pearlsā, embraces many budding and successful entrepreneurs. For budding entrepreneurs, Incubators and Accelerators in Hyderabad play an important role in building up the startup ecosystem with a unique and adaptable business model.
While āIncubatorsā mainly focus on the innovative aspect of the early-stage venture to build an effective business model and incubate attention-seeking ideas, the āAcceleratorsā often look into scaling the business leading to impactful growth and development. Though the accelerators and incubators are different theoretically, the practical aspect seems to be a little different with coinciding aims and features.
The startups or early-stage ventures need to choose the right incubator or an accelerator based on their interests and requirements. Thus, we are here to help you in making a wise decision by providing you with a comprehensive list of top startupIncubators and Accelerators in Hyderabad.
By fostering the Culture of Innovation, T-Hub tends to empower the startups to build at a fast pace, create a strong network of stakeholders, and accelerate innovation. T-hub is a incubators in Hyderabad that aims in enabling and empowering the ecosystem in need of innovation. They do so, by having partnerships with various corporate partners, government agencies, and institutions.
By building up a vast network of investors, this startup incubator aids entrepreneurs by giving them access to funding and other essentials. With the major focus on tech-based hyderabad startups, it aims to get better technology and talent to the ecosystem.
T-hub offers-
Investor network
Funding
Mentoring
Landscape enablement
Government support
International Institute of information (IIIT) – CIE
IIT-Hyderabad is one of the top startup incubators in Hyderabad. The hyderabad incubator promotes entrepreneurship and technology scalability through the Centre For Innovation and Entrepreneurship (CIE), which is considered one of the largest academic technology incubators in India. With a major focus on deep tech, IIIT CIE acts as an incubator and accelerator to startups.
To create and scale technologies like visual informatics, med tech, data engineering, robotics, machine learning, and gaming, they support early-stage ventures in the best way possible. IIT-Hyderabad is a start up incubators, that has a pool of programs that is designed for startups that aims to help them scale their operations and create a successful identity.
Their portfolio includes – SmartLabs, Pinoty, Niche ai, Cyrrup, Studioz, Froogal, FreJun, Pay Matrix, Vitara, Devathon, Bliss among many others.
NASSCOM, one of the leading startup incubators in Hyderabad, aspires to build and nurture the Indian Startup Ecosystem via various programs under them. They have programs relating to Incubate, Virtual Incubate, NIPP (NASSCOM Industry Partnership Program), and Integrate (Global Acceleration).
It is associated with esteemed funding partners which include CrunchBase, Nexus, Indian Angel Network, etc., It is also one of best startup incubators in India and some of its startups include Asksid, Headway.ai, Big trade, Bombay Play and many more.
Nasscom offer-
Community connect
Challenges and Hackathons
Mentors and Evaluators
Consulting sessions
Startup kits Ā etc.,
TBI – University of Hyderabad
In the year 2006, the Technology Business Incubator (TBI) at the University of Hyderabad, was sanctioned as a program under The Department of Science & Technology, Government of India. This incubation centre in Hyderabad, has the thrust areas being Biotechnology, Pharma, and Renewable energy.
TBI is a startup incubator aims to encourage and quicken the growth of small enterprises in the chosen areas. In an attempt to nurture local development and skilled graduates, TBI concentrates on providing for product development and commercialization.
Association of Lady Entrepreneurs of India (ALEAP) is one of the essential incubation centres in Hyderabad that focuses on eco-friendly products like Jute, Paper, Textiles, and Compost. Ā The incubator centre at ALEAP is known as We-Hub, and is known to be a startup incubation center in Hyderabad, as it is theheart of innovation and excellence for the startup ecosystem.
Intending to fulfil entrepreneurial dreams, We-Hub is startup incubators provides a well designed and strategic environment to let startups fly high where the sky is only the limit. To foster women entrepreneurship and lead their development as successful entrepreneurs, We-Hub attempts to provide an innovative approach and financial sustainability.
Thrust areas being Electronics, Food Processing, Textiles, Robotics, Solar Power, Plastic, IT, etc. Baby prints, Transcell, Ind Millet Foods, Laundry Basket, Persun Technologies, etc., are some of the startups incubated under We-Hub.
ALEAP offers –
Infrastructural support
Networking and Marketing hub
Mentoring
UnLtd Hyderabad
As affiliates of UnLtd India, UnLtd Hyderabad, one of the best accelerators in Hyderabad, follows Unltd Indiaās type of incubation support. The essential aspect of the incubation program under UnLtd Hyderabad is the major focus on social entrepreneurs.
This startup accelerator helps startups with various opportunities to heighten their growth as leaders and to enable them to deliver superior performance that would have a huge impact on society at large. Right from piloting the idea of building it and taking it to a wider scale, UnLtd amplifies its services with diverse inputs and mentoring.
The four main Iāsā that is concentrated upon while evaluating the incubates are – Individuals (Entrepreneurial characteristics & commitment), Idea (Innovative & Problem solving), Impact (Long termed & Sustained), and Incubation ( Feedback & support).
Progress Labs is a Tech-based start up incubator, that attempts to address the business or technological challenges with a lack of existent solution. The Challenges for startup incubation can range from lack of resources to build solutions on their own to improvement in the value of the business, Progress labs come in to redefine the issues, look for opportunities and design a pilot with the latest technology.
Progress Labs help startups in areas of the project include Conversational UX, Enterprise Software, Adaptive Security, AR & VR, Digital Health, AI, Blockchain, IoT, and Application Architecture. The team at this hyderabad incubator includes data scientists, software engineers, product management, UX Designers, etc., based on the level of the project.
The Progress Labsprocess includes-
Defining the project
Sign up for the pilot
Operate with the founding tech team to scope up.
a-Idea (TBI)
Association for Innovation Development of Entrepreneurship in Agriculture (a-Idea), is a renowned Technology Business Incubator (TBI) that is hosted and supported by the National Academy of Agricultural Research (NAARM), Department of Science & Technology, GOI.
To promote entrepreneurship culture in the area of agri-business and food processing, a-Idea attempts to provide immense support to incubate and accelerate the growth of the early-stage ventures. This incubation centre in Hyderabad, helps startups inconceptualizing the idea to business development and incubation with accelerating growth, a-Idea is at the forefront to scale the operations of the business to a higher level.
a-Idea offers-
Mentoring & Training
Research
Networking
Business & Infrastructural support
Workshop & seminars
Laboratory facilities
Tec support
Investment & advisory support
Connect to supporting organizations in the field of agriculture & research
Agri Bio Nest
It is an initiative taken up by an Idea to nurture and support the biotech startups in the Indian Startup Ecosystem. It is supported by the Biotechnology Industry Research Assistance Council and Agri Biotech Foundation (ABF). Agri Bio Nest is a leading incubators in Hyderabad, as it promotes biotechnology for sustainable agriculture development.
This startup incubators mainly focuses on Plant tissue culture, Biofertilizers, Seed Development, Organic Manures, Biofortification and Soil & Water testing. Any entrepreneur or hyderabad startup with a passion to ideate on commercializing products in the domain of Agri-Biotech can approach and get necessary support via incubation.
The Atal Incubation Centre – Centre for Cellular & Molecular Biology (AIC-CCMB), is an eminent technology business incubator that majorly supports deeptech. Being the hub of life sciences & biotech, this centre is supported by the Atal Innovation Mission of NITI Aayog.
The main aim of this hyderabad incubator is to promote and cultivate the nature of entrepreneurship in this dynamic environment with the help of various programs and activities. Tardigrade, Sifrbio, Achira, Althion, Avra, Bio Artis are some of the alumni startups under this startup incubator.
Atal Incubation Centre offers-
Mentoring
Connect with Industry experts & consultants
Funding support
Infrastructural support
Equipped biosafety level labs
Nutri Hub
With the support of the Department of Science & Technology (DST), Government of India, Nutri Hub is one of the unique technology business incubators in Hyderabad that tends to nurture the needs of startups in the Nutricereals sector. This startup incubators encourages innovative & budding entrepreneurs to scale up the growth of Millets (Nutricereals).
Nutri Hub is one of the best incubators in Hyderabad, conducts various events that range from cooking with millets, promotion of millets to seminars on company management & sensitization workshops. The main mission of this hyderabad incubator entails the enhanced growth of the millet value chain, that converts ideas into illuminated Agribusiness in Nutricereals.
Areas of interest include Seed management, Millets processing, Supply chain, Agronomy, Farm Mechanism, IoT and Agri Health services. Startups Incubated: Inner Being, Health Sutra, Health e Basket, Go Bhaarati, Rigdam, Hope Foods, Argolite among many.
It is a premier Science park and incubator in Hyderabad to cater to the entrepreneursā ecosystem with leading innovation. It helps Med-tech hyderabad startups build their business with prominent research amenities and assistance.
This incubation centre in Hyderabad, launches various innovation scouting programs in partnership with the Bill & Melinda Gates Foundation, Govt of Karnataka, DST, DFID, etc. Incubatees include Laurus Labs, AgNext, Telluris Biotech India, Ortin Biotech, Agrin Life Sciences, Innovo Biotech, Iven Aqua among others.
It is another one of the top startup accelerators, incubators and entrepreneurship centres set up in Hyderabad. TEZ is a well known accelerators and incubators and aims to enhance and nurture the skills among entrepreneurs and build an effective startup ecosystem. TEZ provides a hands-on program with an intense focus on mentorship provided by industry experts, making it one of the best startup accelerators.
This startup accelerator has designed a 6-months module that assists entrepreneurs with insightful inputs for sustaining the growth of the business. Its portfolio includes- Papers n Clips, Razen Customs, Prewento, Fitza, Kosem, Chem Direct, Eggsplode, Just Analyze among others
TEZ offers:
Mentorship
Office space/Infrastructural facilities
Consultancy from various professionals
Fund Facilitation
Training
Conclusion
Though there is a significant difference between Incubators & Accelerators in the Indian Startup Ecosystem, they mainly look forward to a better startup establishment. Keeping in mind the dynamism prevailing in the environment, many institutes/firms provide both incubation and acceleration for startups with personalized and flexible options. With these tips, you can find the startup accelerators and the best incubators in Hyderabad.
This was our list of Incubators & Accelerators in Hyderabad. If you are one among them, then connect with us at shubham@startuptalky.com to get featured in the list.
To select a good startup incubator you have to research, find a incubation centre near you, look at the mentorship, make sure the timing is right, refine you company story, check your equity fundamentals, ask for a referral, and then work on perfecting you pitch. Ā
How many startups are in Hyderabad?
Hyderabad is known to have over 3000 startups out of 20,000 starrtups present in the country. Which is why there are many good startup incubators in Hyderabad.
How do incubators make money?
Incubators in Hyderabad or around the countrymake money by take eqiuty stake ins in multiple startups. They also earn money by selling incubation services to startups, sponsors among other ways.
How do incubators work?
The best startup Incubators usually help startups improve or succeed by providing them with workspace, seed funding, mentoring and training for various sectors.
Do Incubators and Accelerators provide funding?
Yes incubators and accelerators provide seed funding especially during the early stages of the startup.
What is the difference between Incubators and Accelerators?
The difference between Incubators and Accelerators is that accelerators are more finance-focused, whereas incubators may focus more on mentorship and coaching
Consider how different the world would be if WhatsApp didn’t exist. It’s true that in today’s technology-driven culture, doing so would be difficult. You’ve undoubtedly used WhatsApp to send someone a message, voice note, audio clip, animated GIF, or video clip if you have a smartphone.
WhatsApp, Facebook’s messaging network that cost $19 billion to buy in 2014, is still the most popular IM service, with Messenger, its parent company’s platform, following suit. Even though you (probably) use it on a daily basis, there may be certain aspects of its functionality or what you can do within the programme that you are unaware of.
The issue is, the amount of money being put up for a texting software is ridiculous. Is Facebook able to recover its WhatsApp investment? The social media behemoth declared that it will remain autonomous and free of ads. However, the burning question of the day is: Where will the money come from?
WhatsApp is compatible with a wide range of mobile platforms, including iOS, Android, Windows Phone, Blackberry, Nokia S40, and Nokia S60.
It is extremely popular among users in developing countries, which appears to be Facebook’s strategy. In fact, according to TechCrunch, consumers are 12X to 64X more likely to say WhatsApp is their most used messaging app than Facebook, according to a Jana Mobile poll released today.
However, it’s no secret that a large number of teenagers have abandoned Facebook in favor of simpler social networks. They’re using messaging and photo-sharing applications like WeChat, Snapchat, and Instagram, according to a survey. As a result, Facebook’s recent foray into mobile might be aimed at bolstering its young audience.
After all, Facebook’s business model is based on advertising and gathering data on its users for advertisers, and crucial insights into a younger demographic may be a gold mine for Facebook in terms of enhancing its ad offering.
All messages sent and received through WhatsApp are now encrypted end-to-end, which means hackers or oppressive regimes cannot breach your privacy. Developed by Open Whisper Systems, whose encryption protocol has been used by renowned messaging tool Signal for years, all messages sent and received through WhatsApp are now encrypted end-to-end, which means hackers or oppressive regimes cannot breach your privacy. Since then, this change has thrown WhatsApp into the legal spotlight, as it implies that communications cannot be legitimately intercepted as well.
WhatsApp does not save any information about its users
Because, unlike Facebook Messenger or Skype, WhatsApp Web does not provide server storage for your conversations, it requires your phone and its associated data services to function. The server just keeps track of your undeliverable messages in a queue. Nothing is left on the servers once a WhatsApp message is sent to your device. You can backup and restore your messages using Google Drive or iCloud, of course.
Bold, Italics, and Strike-through text formatting
WhatsApp Feature- Text formatting
Since March, WhatsApp for Android and iOS has enabled basic text formatting in a straightforward manner, allowing you to use asterisks for bold, underscores for italics, and tildes for strikethrough in your messages. For a multi-formatted experience, you may mix any of the three.
Secret Whatsapp Features
Any contact or group can get custom notifications
Isn’t it true that almost every message you get on WhatsApp now delivers the same notification? As a result, the only way to determine if it’s essential is to check your phone every time a message arrives. However, there is a better method to go about things. Depending on the device you’re using, you may customize message sounds, ringtones, vibrating patterns, and pop-ups for your WhatsApp contacts and groups. The iOS version is more limited, enabling just sounds and ringtones. On Android, you can do all four, including selecting any sound file for calls and choosing between short and lengthy vibrations, among other things. This means you may set up separate notifications for your colleagues, friends, and family.
In the browser address box, type “whatsapp:/send?text=HELLO”
The messaging service also has its own Web protocol, which most websites utilise to implement a WhatsApp share function. If your phone has WhatsApp installed, entering the above text into your browser will launch WhatsApp and prompt you to select a contact to whom you want to send the message. Replace the word “HELLO” with whatever message you’d like to send to personalise the message. If you put some thought into it, it may be a fun method to trick pals into sending messages they didn’t want to send.
Check to see whether your messages have been read
Have you ever sent a message and afterwards discovered that it was sent and read, but you’re not sure when it was? WhatsApp shows you a few distinct ticks to indicate the status of your communication. It also goes a step further by providing you with a timeline of when your message was sent and read. Simply hold down any message and select ‘Info.’
Send a personal WhatsApp message to a group of people
It’s possible to send the same message to numerous contacts on WhatsApp without them being in a group chat or even knowing who else received it. If you want to communicate vital news with an announcement, or if you want to wish everyone a happy holiday season, this is the tool to use. It’s a quick and easy process.
Any messages you send using this approach will be received in WhatsApp conversation threads as individual messages.
Within a WhatsApp conversation thread, reply to a specific message
When things become a little crowded in group chats on WhatsApp, messages might start pouring in from all angles. If you get a message that you want to respond to but it doesn’t make sense to do so chronologically, you may go back to that previous message, mark it, and respond directly.
This causes the original message to show at the bottom of your chat screen, along with your reply. To do so, simply press and hold the message until a menu appears, from which you may choose Reply.
Swiping from left to right on the message you wish to reply to is an alternative and faster way.
WhatsApp can be used to compress pictures and videos
Sure, you could do it using a specialist picture editing programme, but if you don’t mind the quality decrease, this works wonderfully for a quick repair. Send the photos and videos to one of your contacts (or yourself) over WhatsApp, and then look for the compressed versions in your WhatsApp Media folder on Android or your Camera Roll on iOS. If you want to preserve space, you can remove the originals and share the compressed photos or movies through another method.
WhatsApp generates a user account : [phone number]@s.whatsapp.net
The service uses a customized version of the XMPP (Extensible Messaging and Presence Protocol) open messaging standard, which was originally created for the collaborative programme Jabber. As a result, WhatsApp employs the Jabber ID protocol in the form of [phone number]@s.whatsapp.net>.
Facebook and Twitter turned down the company’s co-founders
WhatsApp Founders – Jan Koum and Brian Acton
Before founding WhatsApp full-time, both Jan Koum and Brian Acton – who previously worked together at Yahoo – were rejected by Facebook and Twitter in interviews. Consider how different the world would be if just one of those interviews went well.
Brian Acton, Whatsapp Founder denied by Facebook & Twitter
5 people, 1 billion downloads
WhatsApp co-founder and CEO Jan Koum said that the staff working on the Android version was only five employees in total when the messaging app surpassed one billion downloads in March a few years ago.
Whatsapp popularity
Looking at those figures is like reading a fairy tale, and it serves as motivation for prospective entrepreneurs. But what made WhatsApp so successful in the first place? Here’s a rundown of factors that have led to its rise in popularity since 2009:
To sign up, all you need is your phone number.
WhatsApp used your contact list to highlight people who had already downloaded the programme.
2G and 3G data contracts opened the door for low-cost international texting (all you need for WhatsApp is an internet connection)
For a year, it’s free, and after that, it’s $0.99 a year for unlimited texts.
MMS was rarely utilized owing to its high cost, but WhatsApp’s photo sharing function made it inexpensive.
Cross-platform compatibility (Symbian is still supported!!) users in emerging marketing have jumped on board.
WhatsApp got a lot of things right in the start, and it’s allegedly growing faster than Facebook. āWhatsApp is on a path to connect 1 billion people,ā Mark Zuckerberg said. But, with such a large sum of money on the table, one has to ask what else $19 billion might have been spent on.
This list should have provided you with some valuable tips, techniques, modifications, and more. There are some fantastic techniques here for all users of the famous WhatsApp messaging programme, from buying yourself time to react to messages to making your messages stand out with a different typeface.
FAQs
What is the number of WhatsApp users?
Reportedly WhatsApp has more than 2 billion monthly active users globally.
How many messages are sent in a day on WhatsApp?
Around 100 billion messages are sent each day on WhatsApp.
What is the no. of WhatsApp users in India?
There are around 390 Million WhatsApp users in India.
Which country has the most number of WhatsApp users?
India has the highest no. of WhatsApp users. Top 10 countries with ranking on no. of WhatsApp users are:
With the growing digitalization across the world, people are opting for various advanced products and services. Among such advanced services, subscription boxes are widely popular! It works best as it saves your money and also provides you a quality product. That’s the fun of Subscription boxes.
Today, numerous companies have opted for the Subscription-based business model. From the past few years, Subscription services have expanded on a large platform, especially in a pandemic, people have tried several online grocery and meal kit boxes. The result has been tremendous. When you receive a brand new Subscription box in your mail every month, nothing could be more joyful!
Whether it’s about beauty products or entertainment, Subscription-based businesses are earning great revenues. Moreover, Subscription boxes are the best gift for your loved one these days. These boxes are available in all categories and occasions, you just need to choose the right one for you!
The most fascinating thing about Subscription boxes is that they are extremely affordable. And that’s what attracts the audience most! In this article, we have covered some of the best Subscription box services of 2021. Let’s get started!
It’s a monthly subscription box service made for beauty products. GLOSSYBOX sends five selected (according to your preferences) beauty products to your address in a beautiful pink box.
GLOSSYBOX offers a wide range of beauty categories including fragrance, skincare, haircare, and makeup. All products are varied from foreign beauty brands and are tremendous.
Facetory works on offering the best and most affordable beauty products to its customers. With such a wide range of products in the market, Facetory aims for producing the most attainable, affordable, and practical usage products. The company works best for all occasions and categories. You can give Facetory boxes to your friends, family, and anyone.
Winc
Winc
When it comes to wine subscription boxes, what’s better than Winc! Can you imagine, WINE for every month! That’s unbelievable. And that is what Winc proposes.
It offers a palette quiz from which the customers can choose the personalized wine bottle for their every month subscription box.
No more standing in a line at your local shop for buying a bottle of wine, you can have it delivered to your home every month. Winc charges $13/bottle as it delivers four bottles per month.
Fresh Baked Cookie Crate
Fresh Baked Cookie Crate
Imagine, unboxing a box filled with the most delicious cookies, Tasty! Yes, it is. Fresh Baked Cookie Crate delivers a box packed with delicious ingredients, simple and handy guidelines along with the best surprise a foodie could ask for, by every month.
Fresh Baked Cookie Crate prepares its boxes with great compassion and puts each item meticulously chosen that provides the most amazing pleasure of eating cookies.
SnackNation
SnackNation
Thinking of something to gift your colleague who is missing out on the pleasure of snacks in the working hour? Well, SnackNation is the best choice for you! It delivers a box of various snacks which are very healthy. It provides around 15 to 50 treats in each box, based on customer’s preferences and budgets. SnackNation is best to spend your quality time eating the most healthy and delicious snacks of all time.
Trunk Club is an incredibly popular subscription box company under the Nordstrom Umbrella. It offers a huge range of inventory for both men and women. Your browsing is done by professional stylists.
Trunk Club prepares your box and in case you want to swap any item, you can do it before the shipment. It delivers 6-10 items in its box every month. Trunk Club charges $25 for the styling fee along with other items that you purchased.
Trunk Club offers the best customer service and offers tension-free shopping experience.
Nuuly
It often happens when we choose urban clothing from Anthropologie or free people, it gets pretty expensive. And that’s where Nuuly comes in!
Through its subscription service, Nuuly delivers six styles from the stores’ prominent brand, every month at the price of $88. Nuuly also offers free shipping and return access to its customers.
Kiwico
Kiwico
Kiwico starts at $19.95 and offers various boxes filled with tons of hands-on fun activities for all age groups and their interests. The customer gets to choose from the preference of age-based subscriptions for STEM and inventiveness.
Kiwico offers great service and shopping options that builds up a huge customer base for it.
Birchbox
Makeup and skincare often becomes pretty expensive, plus it is really tough to go with experiments in these products. For that purpose, Birchbox was founded. The subscribers get various category options of skin type, hair concerns, and more; from these, Birchbox sends five new mini products, based on their preferences and types, from the top brands every month with the starting price of $13/month.
Ritual
Ritual
Ritual is entirely based on the commitment to simplicity, traceability, and elements that are formulated for body health and fitness. Ritual offers the products in the form of the only vitamin required for a healthy functioning body.
Ritual utilizes beadlet-in-oil embossing which is meant to provide great nutrients in comparison to traditional capsules. Its package includes a 60 capsule containing bottles which are absolutely vegan-certified.
Subscription boxes are the best choice when you are looking for getting your required products in general proportion every month. It makes your life easy and filled with joy. You can buy clothes, beauty products, or groceries; anything you require.
These subscription-based companies offer great deals and deliver the box every month as per the delivery date. In today’s digital world, subscription boxes are the best to save money and buy quality products.
FAQ
What is Subscription box?
Subscription boxes are recurring delivery of niche products.
What are some of the top Subscription boxes?
GlossyBox, Facetory, Winc, Fresh Baked Cookie Crate, SnackNation and Trunk Club are some of the top Subscription boxes.
Why are subscription boxes so successful?
Subscription boxes are successful because it gets straight delivered to the consumers home which is more convenient than walking to the store.
The prototype of healthcare companies in India is changing.
The technologies like artificial intelligence, machine learning, augmented and virtual reality and telecommunications are now amalgamated into health care services, giving rise to better healthcare facilities with more precision and efficiency.
And this got merely possible because of IoT technology. The Internet of Things (IoT) is able to change the way we work and live. The ecosystem of connected physical objects, which are accessible via the internet, is called IoT. Ā If IoT comes to its full potential, it will change all areas of our lives.
This can be testified by looking at the type of change in the healthcare sector where paper and pen are the primary means of documenting information of patients for decades. But now, the healthcare industry is developing in a new way.
Digital health care applications allow patients to plan their appointments without having to wait for a receptionist or call the doctor’s office. Also, it allows doctors to transfer information with patients via smartphones.
There are so many impediments to the growth of the healthcare system. It includes the increasing cost of treatment, shortage of medical professionals, the lack of adequate infrastructure, lack of access to quality healthcare in rural and remote areas, and the increase in chronic diseases. The IoT healthcare startups in India can help to meet the demands of todayās increasing patients.
Some of the benefits of IoT in the healthcare sector are:
Advantages of IoT in Healthcare
1. Improves the quality of healthcare
IoT healthcare startups enable easy access to healthcare data of patients via simultaneous reporting and monitoring through connected devices. It will enhance the ability of healthcare providers to offer customized treatments for patients and evidence-based treatments. Also, It ensures the wider coverage of patients and a shorter treatment cycle.
2. Reduced medical costs and errors
IoT helps to monitor health parameters using mobile health applications and diagnostic tools. Also, it gives live reports to doctors via interconnected devices. Medical personnel can make decisions using this collection of health data. It will reduce medical errors. As a result, hospital stays, re-admissions, and unnecessary visits to the hospital will be reduced.
3. Healthcare accessibility in rural areas
The IoT can increase the reach of quality healthcare to rural places via remote health monitoring. IoT enabled patients who live in remote villages to connect with doctors in urban specialty hospitals from their homes.
In recent years, there has been limited growth in the Indian healthcare sector with the country lagging behind in many health indicators.
Currently, India is the second-most populated country in the world. And 20% of the global disease burden is in India itself. Also, infant mortality rates and maternal mortality rates are high in India. The Internet of Things (IoT) based healthcare companies have the potential to transform our healthcare system into an efficient, integrated, and patient-centric system.
The Internet of Things (IoT) has got the attention of everyone in India. The Indian government announced that it plans to make a $15 billion IoT market in the country. Medical Council of India reported that the doctor-patient ratio is 1: 1674 in India. In this situation, IoT can be a great leveler.
Some of the IoT-based healthcare startups in India are mentioned below:-
IoT has the potential to revolutionize the healthcare sector in India
1. Spectral Insights
Spectral Insights is a technology company providing solutions and systems to solve the challenges in the healthcare industry. The company was co-founded by Prasanth, Dipankar Das, Sumit Nath, Raghubansh Gupta, and Suhash Gerald in 2016. They have created a platform that provides innovative imaging, advanced analytics (AI/ML), and digital microscopy for hospitals, pharma R&D, and clinical laboratories. The headquarters of the company is situated in Bengaluru, Karnataka.
The company operates with the pathology department to give any time access to high-quality digital slide images (blood smear, biopsies, TB, pap smear, etc.). Also, it offers a comprehensive suite of analytical tools to their clients that improve accuracy, and objectivity. Spectral Insight is a multi-faceted platform with spectroscopy, optics, artificial intelligence, algorithms, data management, visualization, and cloud computing.
Forus Health is founded by a group of engineers in 2010. It is a medical technology startup with a goal to eliminate avoidable blindness. Over the years, they have developed technology solutions to increase affordability and access to eye care. The first product of the company is 3nethra classic. It is a portable and compact non-mydriatic fundus camera used for taking digital images of the anterior (cornea) and posterior (retina) segments of the eye.
The device will help to identify common eye problems such as glaucoma, diabetic retinopathy, cataract, ARMD, etc. Also, it is integrated with a cloud-based telemedicine platform that enables remote diagnosis. There are 40 million people who are blind in the world out of which 15 million people are living in India. The major reasons for this problem are the high cost of treatment/surgery, limited access to eye care facilities, and lack of awareness. Ā The aim of Forus Health is to utilize technology to reduce diagnostic costs, increase access, and raise awareness.
Cardiac Design Labs is founded by Anand Madanagopal in 2011. The headquarters of the company is located in Bengaluru, Karnataka. They offer diagnosis and cardiac monitoring by deploying intelligent systems that give automatic remote reporting. It saves both cost and time. Their aim is to provide advanced diagnostics to the peoples in an affordable way. The company has created a wearable device named MIRCaM (Mobile Intelligent Remote Cardiac Monitor).
That device is able to provide real-time cardiac monitoring and diagnosis in remote settings. In India, there are only 4000 cardiologists for 64 million cardiac patients. Anand Madanagopal believes MIRCaM can bridge this gap. They have a core team of experts, from different disciplines, including material science engineers, cardiologists, software and system hardware engineers.
4. Bagmo
Bagmo Pvt Ltd. is founded by Ashfaq Ashraf, Anas Dalinatakam, and Arshad KA in March 2017. The headquarters of the company is located in Kochi, Kerala. The aim of the company is to eliminate the lack of blood availability in rural India. They created a blood bag monitoring device. It will monitor the temperature of blood bags during storage and transportation. Each blood donation will be recorded on the cloud platform. After the testing, the components (blood cells, plasma, platelets) will be stored in separate bags.
This B2B company helps to improve communication and logistics issues. Also, it helps reduce wastage at blood collection centers. An RFID (radio frequency identification) card is connected to each bag. The refrigerator that stores the bag and its unique ID will be stored in the cloud. In blood requirement cases, the individual/hospital needs to enter the details in the cloud. Then the blood bag monitoring device shows which bag is suitable for the requirement and in which refrigerator that bag is stored.
So far we have seen what advantage IoT brings to the healthcare industry. This gives a gist of how IoT is going to be the future of the healthcare industry by solving the pain points of patients.
IoT with its far-reaching benefits and patient-centric approach has the potential to revolutionize the healthcare sector in India. But for making a maximum result, support infrastructures should be more strengthened. It includes a low cost of IoT-enabled devices, internet availability and reliability, strong IT framework, data security and privacy, and seamless user experience.
FAQs – IoT Healthcare Companies
What does IoT mean in Healthcare?
IoT (Internet of Things) enables healthcare professionals to keep a watch on their patient’s conditions and connects actively via smart devices. IoT devices are tagged with sensors to track the real-time location of medical equipment like wheelchairs, defibrillators, nebulizers, oxygen pumps and other monitoring equipment.
What is the role of IoT in health and fitness monitoring?
IoT will be the future for monitoring the patient’s health. As the combination of IoT and wearable devices like fitness bands helps to monitor and improve their health. Moreover, IoT based healthcare system provides service in a quick manner which would help to save millions of lives.
How does IoT affect our life?
IoT-enabled devices and sensors are helping us in making our life easier by making everything possible from our smart devices. One does not have to put extra effort into spying on any smart appliances. It can be monitored by their smartphones from anywhere. It also helps to reduce air pollution, waste management, improve agriculture and food supply.
Is IoT the future?
The future of IoT has the potential to be limitless. Advances to the industrial internet will be accelerated through increased network agility, integrated artificial intelligence (AI), and the capacity to deploy, automate, orchestrate and secure diverse use cases at hyper-scale.
What are the main social impacts of IoT?
IoT devices impact society in a meaningful way. Smart homes and offices can save energy costs by controlling the electricity or temperature when one is away from home or work, and they can offer better security by constant surveillance and taking proactive action in case of a security breach.
Which companies are working on IoT in India?
Nearly all companies are shifting towards IoT. Some big companies are:-
TCS
Infosys
Hyperlink InfoSystem
Wipro
Tech Mahindra
LTI
HCL Tech
Mphasis
How companies are using IoT?
Companies are using IoT for the following purposes:-
To improve customer satisfaction by providing instant support through the integration of chatbots and artificial intelligence with IoT.
Better inventory management and tracing of assets by embedding surveillance system with IoT.
To gather information about the customers in order to study their requirements, buying behavior and the scope of improvement.
To check the performance of their product or service.
IoT allows companies to facilitate omnichannel services.
To obtain real-time data of customers for better decision-making by minimizing the risk and cost.
What are the different ways in which IoT devices are used in healthcare?
IoT devices offer a number of opportunities for hospitals to monitor their patients and patients to monitor themselves.
Remote patient monitoring has become the most common application of IoT devices for healthcare.
Glucose monitoring has become easy now. Patients can monitor their glucose levels on their smart devices.
Heart rate monitoring can also be done easily via IoT devices with approx. 90% of accuracy.
The wearable fitness band is also an IoT device that helps to monitor or track the physical activities of the person. It also monitors their heart rate, sleep quality, step counts and much more.
WordPress is the most popular Content Management System (CMS) in the world. WordPress is used by millions of websites worldwide, from blogs to commercial websites.
WordPress is an open-source platform that is free to use and no company owns it.
Every 6 months, WordPress registers more than 1.1 million new domains.
WordPress is responsible for an additional 1.1 million domains every six months or so, according to a survey of global internet CMS usage from 2015.
Users love the ease and convenience of setting up an online profile. Since WordPress’s market share has grown since then, it’s understandable that this number has risen to well over one million.
35% of the internet’s websites are built using WordPress
WordPress powers nearly 27 percent of all websites, says the W3Techs web technologies survey. Around 58% of the internet’s websites use WordPress.
In other words, WordPress powers about one-third of the web. There are an estimated over 1.3 billion active websites, which means that approximately 455,000,000 websites are using WordPress today. This is a significantly large number!
WordPress receives 2,940,000 searches in a month
“WordPress” is searched 2,940,000 times a month by people around the world, according to KWFinder. All relevant long-tail keywords would result in a much larger search volume.
WordPress is available in 196 languages
WordPress has 196 languages with 40 of them being translated to 100 percent. It can also be translated into more than 65 native languages.
Plugins developed in WordPress allow you to create a multilingual blog easily. You can now use WordPress in your preferred language.
WordPress is a multi-million dollar organization
WordPress is used by hundreds of companies and thousands of professionals around the world. For thousands of developers, designers, and entrepreneurs, WordPress provides exceptional opportunities to build their businesses on the its platform.
WordPress earns and grows its business by generating commercial plugins.
54,000+ Free Plugins with 1.48 Billion total Plugin Downloads
A total of 1.5 billion plugins have been downloaded from the Plug-in Directory, which currently lists over 54,000 plugins. 2016 saw a total of 1.48 Billion downloads of WordPress plug-ins.
Plugin downloads have increased by 48 percent since 2015 when they passed 1 Billion.
Sister projects of WordPress
There are also sister projects like bbPress, BuddyPress, and Gloss Press that are run by the WordPress community. All of them are open-source applications built on top of WordPress.
WordPress is used by 35 percent of the internet population
According to WordPress.com and Netcraft, a once-obscure content management system now powers more than 35 percent of the web.
As a result of its versatility, WordPress has been adopted by a wide range of companies, including Sony Music and Forbes.
There are an estimated over 1.3 billion active websites, which means that approximately 455,000,000 websites are using WordPress today. In the year 2020, this number has risen by nearly 5 percent and is up 4 percent from 2019. WordPress is currently used by 64 million websites.
Akismet is one of the most popular WordPress plugins
Your website is protected from spam with Akismet, the best WordPress plugin for filtering junk comments.
As of today, Akismet has been downloaded 30.528.112 times, with an average of 18,000 downloads a day. Filter spam with Akismet, so you can focus on what’s important.
Cleaning up spam can be time-consuming and frustrating. To remove irrelevant, malicious content before it gets published and damages your site’s credibility, Akismet compares all your comments against our constantly-growing global spam database.
To prevent your site from being hacked, Akismet checks your comments and contact form submissions against our global database of spam.
Just 283 people were working for WordPress.com in 2015, which was being used by millions of web users. Fewer brains, but they are amazing!
Now, more than 500 times fewer Amazon employees work at WordPress. The fact that WordPress has only 1,148 employees is truly amazing.
These employees are dispersed throughout the world and are able to complete their work by working at home remotely.
71 percent of all WordPress content is written in English
English is WordPress’s most popular language for writing content. Second, on the place is Spanish(4.7%), followed by Ā Indonesian in third place (2.4%)
The average annual salary of a WordPress developer is $51,000
According to Payscale.com, the average WordPress web developer earns more than $50,000 a year.
As reported by PayScale, the average WordPress developer salary is $50,000 per year. The average Glassdoor salary is $61,083 per year.
Indeed’s average WordPress web developer salary is in the middle of PayScale’s and Glassdoor’s averages; $52,623 per year. According to Indeed.com, the average WordPress Developer salary for Indian workers is 20,313 Rs per month.
WordPress organizes meetups in 58 countries around the globe
There are many WordPress meetups taking place around the world. WP meetups are smaller, local events organized by local WordPress communities.
A total of 62,517 users attended 3193 WordPress meetups in 2016 in 58 countries.
FAQs
What is WordPress?
WordPress is a Content Management System (CMS), and free no code website developing platform.
What language is WordPress written in?
WordPress is written and developed in PHP language.
How many sites are using WordPress?
There are around 455 million websites that uses WordPress.
Who is the owner of WordPress?
WordPress was created by Automattic. Automattic Inc. is an American global distributed company which was founded in August 2005.
Jennifer Joanna Aniston better known as “Rachel Green” from the famous American sitcom “Friends” is an American actress, businesswoman and producer. She began her professional film career in 1993 as she got her big call. The movie was a horror-comedy called Leprechaun.
She flourished from “Friends” which started in the year 1994 and ended in 2004. It was said to be one of the longest sitcoms going on constantly without any break. This show got her awards like Primetime Emmy, Screen Actors Guild and many more. Movies of Jennifer Aniston that were huge box office hits are “Just Go With It”, “Marley and me”, “The Breakup” and many more.
In 2019, she came back to television as she produced and acted in an Apple TV+ series, “The Morning Show” which fetched her a “Screen Actors Guild award”.
She has few but a very prestigious profile of endorsements. The brands that she endorsed are as follows:-
It is a brand manufacturing bottled water. Founded and introduced in 1996 to the US. Jennifer Aniston has been their ambassador from 2008 up to 2020. It is owned by the energy brand, a subsidiary of Coca-Cola.
In 2019, the summer campaign of the brand was aiming to promote the importance of women’s health and the importance of drinking water in their lives. Gloria Young, the Brand manager states that Jennifer Aniston the superstar is as sleek as the outer packaging of the product.
Besides, she is the embodiment of modern women keeping well inside-out. Hence there could be no better person representing them.
Aveeno is an American skincare brand started in the year 1945 by the musher brothers. Currently, it is under Johnson and Johnson. The active ingredient that makes Aveeno unique is the rolled oats in it. The brand name is even derived from the scientific name of a common oat, Avena Sativa.
Jennifer Aniston was announced as the face of the brand in the year 2013. Jennifer takes a ride to nostalgia as she mentions how she has been using Aveeno since her teenage years. To date, she’s the face of Aveeno with the most trendy body lotion on sale.
Emirates Airlines
Emirates airlines is the largest airline belonging to the United Arab Emirates. It commenced working in October 1985. Jennifer Aniston was first seen in their commercial in the year 2015.
In 2016 she was approached again. The reason is well stated by Boutros Boutros, Emirates divisional Senior Vice President. It is said that they were being flooded with requests for seeing Jennifer in their commercial again. People could relate to her and her personality. The humour resonated with the ones who watched.
Also, Jennifer Aniston is just like the brand Emirates. She is enduringly universally appealing. Her sophisticated aura and down to earth attitude matches greatly with that of Emirates. Hence in 2016, she was seen in the Emirates commercial again. However, this ad of 2015 is highly criticized and called hurtful by the crew of delta airlines.
It is a Dutch multinational brewing company, founded by Gerard Adriaan Heineken in the year 1864. Jennifer Aniston was seen in the Heineken commercial called “Happy Together”. The commercial promoted the premium Dutch beer from Heineken.
She was the perfect pick for the brand. Charming, funny, pretty and most importantly loved by all. However, this commercial was banned as it was said that it “wasn’t meant for television”. Despite the banning, the commercial went viral and became a discussed topic fetching Heineken quite a deal of advertisement.
Falic Fashion
Falic Fashion Group was founded in the year 2005. It is a brand belonging to Hollywood. It manufactures and distributes fragrances. The firm has a collection of Perry Ellis, laundry and much more. In 2010, Jennifer joined hands with Falic Fashion to launch her first-ever fragrance, “Lovalie”.
She called it a not too perfume-y perfume. Also, she commented that floral smells are what she loves, not too flowery. This is her choice of fragrance. Once somebody wears it they will definitely be questioned that “you smell great.. what’s it?”. For advertising the fragrance, she’s seen sitting on rocks with minimal clothing near the waters. She said just like her look the perfume is “sexy and clean”.
Shire
Shire partnered with Jennifer Aniston in the year 2016 to educate people about dry eyes. Jennifer Aniston says she herself got symptoms of dry eyes. She is not the one alone. There are 30 million Americans suffering the same. Itchy eyes while reading or outdoors is something she faced vigorously. She wants Americans to be aware through an eyecare brand like the Shire. The shire mentions that they are thrilled to work with Jennifer Aniston.
Living Proof
Living Proof is a haircare brand that used to be co-owned by Jennifer Aniston and she used to be the main spokesman for this. She partnered with them in 2012. She was the face of the Brand and the chief spokesperson. However, she left the Brand when Unilever took over.
Vital Proteins is America’s leading collagen brand. It was founded in the year 2013. However, it was taken over by Nestle in 2020. Jennifer Aniston has been using and promoting it since 2016. However, by the end of 2020, we got to know she finally joined the company as the chief creative officer. She has had a fancy for collagen for a long time.
Her social media evidently demonstrated it. In this venture, she said she thinks collagen is the most important thing in one’s body as it holds everything together. She’s really happy about this. The company expressed its joy by stating how Jennifer embodies fitness in modern women.
These are a few of her leading endorsements. However, there are more companies she has been facing for. But those are the ones she owned. Those don’t define endorsements. Hence those aren’t included in her endorsement list.
FAQ
What is the net worth of Jennifer Aniston
The estimated net worth of Jennifer Aniston is $300 million.
What is the age of Jennifer Aniston?
Jennifer Aniston was born on 11 February 1969 is 52 years old.
What companies does Jennifer Aniston own?
Jennifer Aniston co-founded hair care brand Living Proof but later left when the company was sold to Unilever in 2016.
The wealthiest human is the one who believes in giving and sharing. When you contribute to someone’s success and well-being, you can have inner peace and that’s what life is. And those at the top have learned this for a long time and believe in contributing to people and the community’s well-being. These high-profile people choose to donate their money to those communities and people who need their support. And such noble people are called ‘Philanthropists’.
A philanthropist is someone who works for the benefit of the community and donates as much as they can. They often provide food resources to the starving country people and contribute to the betterment of major social and financial issues.
The money these rich people earn comes from the public and that’s why it’s their major duty to hold the responsibility for the public’s well-being. And the philanthropist not only agrees with this but also works for their people and community.
They spent some part of their earnings in the development of areas that required their help and support. And to honour and acknowledge such Nobel people around, we have brought this article for the top philanthropists. Let’s get started!
Andrew Carnegie is known as history’s richest person. Although he is dead for almost a century still, when it comes to the biggest philanthropist, Andrew Carnegie tops the list of all time.
Andrew Carnegie donated around 90% of his total wealth. He made the largest deal in history through the U.S based burgeoning Steel Industry, which is around $298.3 billion according to the 2007 dollars value.
Andrew Carnegie was originally from Scotland and he donated almost everything he owned. He donated in every possible field, especially in the education sector (established schools and universities). Carnegie built around 300 libraries for public usage for free across the country.
Moreover, he also supported the civic institutions, established 700 Church organs and many more.
Bill Gates and Melinda Gates
Net Worth: $74 billion
Lifetime Donations: $28 billion
Bill Gates and Melinda Gates
The co-founder and chairman of Microsoft, Bill Gates is known as the biggest entrepreneur of the tech era. Bill Gates has been honoured with the ‘World’s Richest Man’ many times.
He has been financing majorly in his Bill and Melinda Gates Foundation (the world’s leading philanthropist foundation) with the coalition of Warren Buffet. This foundation focuses on global issues such as education, healthcare, poverty and increasing IT access.
Warren Buffet
Net Worth: $58.7 billion
Lifetime Donations: $25 billion
Warren Buffet
Warren Buffet is known as the most generous and wealthiest man in the world. Also, he is the most charitable and decent among the list of philanthropists. Warren Buffet is quite famous for his economic as well as successful investment advice.
Warren Buffet has an alliance with Bill Gates and Melinda Gates, Ā in which they work for the improvement of the current financial crisis. They promote the other billionaires to donate some amount of their income for philanthropic purposes. Warren Buffet contributes around $25 billion of his wealth to the Bill and Melinda Gates Foundation.
Azim Hashim Premji
Net Worth: $32.8 billion
Lifetime Donations: $21 billion
Azim Hashim Premji
The Indian Business Tycoon, Azim Premji is also one of the biggest philanthropists in India. He is the former chairman of Wipro Limited. And now, he is the non-executive member of the board and founder.
Many know this, Azim Hashim Premji is widely famous as the Czar of the Indian IT industry.
Azim Premji took Wipro to the next level of diversification and advancement. And his determination is what took Wipro among the world’s leaders in the industry of software. In fact, according to Asiaweek, in 2010, Azim Premji was counted among the top 20 most powerful men in the world.
In 2013, Premji donated half of his total wealth through the signing of the Giving Pledge. He began with a $2.2 billion donation to the Azim Premji Foundation which focused on the Indian Education system.
The youth’s inspiration, Mark Zuckerberg is the founder and CEO of Facebook. Zuckerberg is known as the youngest self-made billionaire in the world. He has signed the Giving Pledge and utter profanity that he would donate half of his lifetime wealth.
Mark Zuckerberg along with his wife Priscilla donated around $25 million in the struggle against Ebola. Also, they donated around $75 million to San Francisco General Hospital through the Silicon Valley Community Foundation.
Mark Zuckerberg has widely donated in the education sector, around $120 million to improve the condition of education.
J.K. Rowling
Net Worth: $1 billion
Lifetime donation: $160 million
JK Rowling
J.K. Rowling is a well-known extremely successful author and generally, known as the author of the world-famous book series, Harry Potter. She is also counted among the world’s high-impact philanthropists.
She built a global charity foundation named Lumos (after a spell from her wizarding books). The foundation aimed to help children who have been dreadfully separated from their families and now live in orphanages.
Serena Williams is known as one of the biggest superstars on the tennis court. And she is as big a superstar as a philanthropist also. Serena Williams along with her sister Venus developed a Resource Centre in their hometown- Compton and named The Yetunde Price Resource Center (after their sister who was a gang violence victim).
Their resource centre provides aids for the community members of Compton and encourages healing and resiliency for the locals.
Conclusion
The philanthropists believe in making changes and developing those things which matter and have a huge impact on society. They work together with several underground operations to prevent some major dreadful crimes around the country.
With the growing economy, the number of philanthropists on the world scale is also increasing. There has been the establishment of many foundations and charitable organisations. And the philanthropists are the true inspiration and role models of today’s generation.
FAQ
What does a philanthropist person mean?
Philanthropist is a person who donates his wealth, skills or time for the betterment of the society.
Who is the number one philanthropist in the world?
Jamsetji Tata is one of the world’s biggest philanthropists, he has donated around 104 billion.
Is philanthropy the same as charity?
No, Philanthropy involves helping people over a long term while charity focused on providing immediate relief.
Taxes have a very intriguing history around the globe! As we are well familiar with the fact that tax rules are essential for our country. Taxes are as certain as deaths. For the social welfare and development of any country, taxes are crucial and must be taken more promptly by its citizens. With such a serious entity of taxes, it’s quite surprising to know about those extremely unusual and weird taxes across the world. Did you know, some countries even charge taxes on prostitution? Weird, right?
To sum up such weird and unusual tax rules across the globe, we have presented this article. Such unusual tax rules pass because of the sudden financial needs in order to fill up the gaps that occurred in budgets.
Throughout the world’s history, numerous weird and unusual tax rules have been passed. Some fraction of these taxes were passed to generate additional revenue, whereas others were passed for social welfare purposes.
Well, we can not turn down the tax rules due to the chances of arrests are pretty high. That’s why willingly or unwillingly, people do follow the tax rules and pay their fraction. Let’s begin with the most unusual tax rules around the globe.
According to German laws, bribery was legal in all sectors. This continued till 2002, after which various laws were passed and bribery became illegal. But, this isn’t the unusual part. Bribes were not only legal in Germany but it was also tax-deductible, published by Businessweek editorial of 1995.
However, this wasn’t allowed when the briber or its recipient was involved in any kind of criminal offense or proceedings. On this note, bribery was restricted by the prosecution. This ended when Germany passed the public contracts of 20-30%. Germany made its proceedings of eliminating this tax deduction for bribery till 1999.
Denmark: Cow Flatulence Tax
A wide fraction of people believe the cause of greenhouse gasses is the black smoke coming from factories or the highway of Los Angeles but, Denmark holds a different perspective here! It believes the cause of greenhouse gases is cow gas.
According to research and analysis, around 18% of Europe’s greenhouse gasses come from methane, released in cow gas because of the slow digestion of greens in the cow.
To prevent the epidemic of greenhouse gas, caused by the cow fueled, several European countries passed tax charges on each cow. Thus, Denmark’s cows are worth $110.
Hungary: The Junk Food Tax
It’s quite shocking to know that some countries even charge taxes on packaged foods that are high in salt and sugar. Basically, on all junk foods. One such country is Hungary. This junk food tax is officially termed as ‘Public Health Product Tax‘, which adds up to around 20% more than the initial price.
The government of Hungary basically prioritizes the healthy diet and assesses it to the citizens of having a better product choice. This results in around 59 to 73% of consumers eliminating junk foods from their lists.
Britain: Films Tax Reduction
Great Britain charges a distinct tax deduction to films that are based on British culture. Such films need to be registered to various authorities and would be rated according to their cultural content, practitioners, hubs, and contribution.
Those films which are rated highly on the scale, get a tax reduction of 25 percent on the earnings generated by the films.
It’s very unusual for Russia to introduce a beard tax. Well, it is true! In the times of Peter the Great who was known to be the most popular Czar of Russia. And he was the one who introduced the beard tax.
Beard was the typical fare for a wide number of people in Chilly Russia. When Peter the Great visited Western Europe where he was intrigued by the barbarian culture and that’s when he decided to tax the bread. For keeping a beard, men had to give some token as in beard tax.
Canada: Cereal Toys Tax Reduction
One of the most fascinating things for a kid is to find the toy hidden in the cereal box. And Canada leaves no grounds to promote such packaging. That’s why it has provided tax breaks on cereal companies for putting a toy in the cereal box. This is unusual but at the same time, promotes kids’ welfare.
Those cereal companies that hide a toy in their cereal box around our Northern Neighbor get a reduction on the extra tax.
Ireland: Artist Tax Exemptions
For artists, managing their economic status is quite tough and often leaves them starving. But in Ireland, artists from all categories including sculptures, writers, composers, and visual artists who sell their work are not compelled to pay the income tax.
For getting such tax exemption, the artists have to file a lawsuit for their original work under the tax authorities of Ireland. They further check and provide the final statement on whether the work is original, valuable, and passes the cultural merits or not.
The history of tax rules is quite intriguing as well as unusual. And still, such unusual taxes are available in many countries across the globe. In fact, in historical times taxes were charged on cooking oils or beards. Every country has its distinct tax rules based on the country’s requirements or culture. Through this article, we did our best in covering such unusual and weird tax rules across the globe.
FAQ
Which countries are tax-free?
Bermuda, Monaco, the Bahamas, Andorra and the United Arab Emirates (UAE) are tax-free countries.
What are examples of hidden taxes?
taxes on cigarettes, alcohol, gambling, gasoline and hotel rooms are some of the examples of hidden taxes.
What are some weird taxes around the world
Cow Tax, Junk Food Tax and Tax on bribe are some of the weird taxes in history.
AI is a broad word that refers to a variety of electronic systems. When someone talks about AI, they could be talking about anything from neural network-powered face recognition to machine learning that predicts the ideal phrase to use in an email subject line. With a slew of innovative startups entering the space, India’s AI ecosystem is exploding.
In the last four years, Artificial Intelligence and Machine Learning have experienced a massive increase in funding and invention. Industry, medical, apparel, agribusiness, estate development, speech services, and other industries are now using them. India is currently a country with a solid ecosystem that allows AI startup professionals and entrepreneurs to kick-start their enterprises, thanks to the phenomenal expansion of the AI field.
Revenues From the AI Software Market Worldwide From 2018 to 2025
In 2021, global spending on cognitive systems and AI services was $57.6 billion. Between 2022 and 2030, AI adoption by organizations to be at a CAGR of 38.1% globally.
To improve AI, IoT, data analytics, information security, data science, and robotics, the Indian government upped its investment in Digital India to $477 million. Finance Minister Nirmala Sitharaman announced in the 2019 Union Budget that the country would provide manufacturing training programs in technologies such as AI, Big Data, and robotics to 10 million Indian youngsters.
AI-enabled companies have enhanced every part of life, from medical to agribusiness, boosting the rise of AI companies in India. Letās take a look at the 10 Indian AI Startups that are dominating the market.
Avaamo Technologies Private Limited is a private company founded on June 25, 2014, but not publicly traded. Its headquarters is in Bangalore, Karnataka. It has INR 1,00,000 in authorized share capital and INR 1,00,000 in total paid-up capital. Avaamo is a cloud service that automates the lifetime of Communicative AI. It is a deep-learning software firm focused on speech recognition to solve specific, increased enterprise problems. Avaamo is developing core AI technologies in areas such as neural networks, speech synthesis, and deep learning to make interactive computing for the industry a reality.
Qure.ai was established in 2016 by Pooja Rao and Prashant Warier. The company aims to make healthcare more accessible and affordable by using Ai. Qure.ai uses Machine Learning or convolutional neural networks to construct programs that detect illness patterns from medical photos. The Machine Learning algorithms developed by Qure.ai are delivered as code and used with any X-ray, CT scan, or MRI machine. This aid in the classification of radiography pictures as healthy or unhealthy, the diagnosis of disease, and the identification of defects that could otherwise go unnoticed. The revenue yield for Qure.ai in 2021 was $3.6 million.
Wysa
Wysa | Indian Startups Leading AI Race
Touchkin eServices, Aggarwal’s startup, created Wysa 2016, an AI-powered mental health app. Touchkin eServices has offices in Bangalore, Boston, and London. Wysa is primarily for individuals who simply want to express themselves. The founder claims that the majority of Wysa users are there to better their sleeping, anxiousness, or relations. According to Aggarwal, Wysa isn’t meant to be a substitute, but rather an extra tool with which a user can interact on a routine basis. The revenue yield for Wysa in 2021 was $4.56 million.
Yellow.ai
Yellow.ai | Indian Startups Leading AI Race
Yellow.ai is a conversational AI solution that helps businesses automate customer encounters, created by Raghu Ravintala, Jaya Kishore Gollareddy, and Rashid Khan in 2016. Sephora, Bharat Petroleum, and FoodPanda are just a few of Yellow.ai’s clients. By implementing a multichannel chatbot in 100+ languages, businesses can now self-serve 80% of inquiries and boost CSAT by 20%. Yellow.ai and Microsoft teamed up earlier this year to modernize their speech automation service using Azure AI Speech Services and Natural Language Processing (NLP) tools.
Intello Labs has created technological services that analyze and evaluate the grade of vegetables and fruits using AI capabilities such as computer vision and machine learning. It was founded by Devendra Chandani, Nishant Mishra, Milan Sharma and Himani Shah in 2016. It has many big names as its clients: Reliance Fresh, Dole, and Ocean Spray. The company claims that their technology reduces the amount of food loss by digitalizing the quality control process of fruits and vegetables. It is to create an efficient production line, making it less wasteful. Intello Labsā yearly yield in 2021 was $18 million.
CropIn
Cropin | Indian Startups Leading AI Race
CropIn is a prominent AI and data-driven agri-tech company that uses machine learning to give SaaS solutions to agricultural producers. It was founded in 2010 by Krishna Kumar in Karnataka to solve the problems local farmers face, such as non-availability of finance, climatic vagaries, soil degradation, pest infestation and diseases, operational inefficiencies, and no predictability of yield. The revenue yield for CropIn in 2021 was $27 million.
Bash.ai
Bash.ai | Indian Startups Leading AI Race
BASH.ai is an interactive chatbot that uses Machine Learning Models to help employees work more efficiently. It was founded in 2017 by Barkha Sharma and Tanay Dixit in New Delhi-NCR. It uses a rule-based AI-powered bot to imitate cognitive activities relevant to the HR function, leading to greater workplace efficiency. Simply put, a regulation bot can assist employees in obtaining information efficiently through a conversational interface. It allows the HR department to concentrate on crucial responsibilities rather than repeating jobs and general requests.
Myelin Foundry
Myelin Foundry | Indian Startups Leading AI Race
Myelin Foundry develops Artificial Intelligence algorithms on video, voice, and sensor data for edge devices. It was founded in 2019 by Aditi Olemann, Ganesh Suryanarayanan, and Gopichand Katragadda in Bengaluru, Karnataka. Myelin Foundry’s deep tech solution transforms sensory interactions and industry outcomes using Machine Learning techniques on sensor data, speech, and video collected from edge devices. It also provides super HD zero-buffering broadcasting over any channel, reducing time and expense to market even more. The revenue yield for Myelin Foundry in 2021 was approx. $1 million.
Niki is a Bangalore, Karnataka-based artificial intelligence business. Sachin Jaiswal, Keshav Prawasi, Shishir Modi, and Nitin Babel, all IIT Kharagpur alumni, formed the company in May 2015. Niki is a chatbot driven by artificial intelligence that serves as an intelligent personal assistant. Niki provides customers with a chat-based natural language user interface where they may engage with Niki in their language using natural language processing and machine learning. Niki learns how Indian consumers communicate, deciphers the words in the perspective of services and products they want to buy, and makes appropriate recommendations. It was once only accessible as a mobile app on the Android platform. The business has now extended to include the Facebook Messenger and Apple iOS platforms. The revenue yield for Nikki.ai in 2021 was approx. $25 million.
SigTuple
SigTuple | Indian Startups Leading AI Race
SigTuple uses cutting-edge machine-learning algorithms to create intelligent medical diagnosis solutions. It was founded in 2015 by Apurv Anand, Bharath Cheluvaraju, Rohit Pandey, and Tathagato Dastidar in Bengaluru, Karnataka. The business is developing Manthana, an AI system that will aid in the analysis of visual medical data. SigTuple can now function on five main high-volume screening procedures in the healthcare sector: peripheral blood smears analysis, urine microscopy, semen, fundus, and OCT scans, and chest x-rays, due to Manthana.
Conclusion
In India, artificial intelligence has a bright future. By 2035, AI can add $957 billion to the Indian economy, or 15% of its current gross value. Power, retail, manufacturing, medical, education, and agribusiness can all benefit from AI. These startups have changed the Indian Market and created many new job opportunities for Indian youngsters.
FAQs
Is AI a good career in India?
Artificial Intelligence salaries in India are significantly higher than the national average for most AI job categories.
Is AI in demand in India?
Yes, top nano degree programs in deep learning and data engineering demonstrate the country’s growing interest in AI and data.
What are the advantages of AI?
AI allows previously complicated activities to finish without incurring huge costs. AI is available 24 hours a day, seven days a week, with no delay. AI improves the talents of people with varied abilities.
Which country is leading the AI race?
The United States is leading the AI race, followed by China and the European Union.
Which are the Startups leading the AI Race in India?
Souvik Dey
