In this cutthroat competition market, being a leader is not a laymanâs job. With hundreds of companies emerging every day and hundreds being established, it is still Samsung, which is standing tall as its leader. It all is rooted in South Korea, and it took birth in 1938. The Korean multinational company has its headquarters in the Samsung Town of Seoul. In this present competition scenario, Samsung stands at the 8th major with global brand value. Before knowing some surprising facts about Samsung, let’s have a look at its highlights.
However, it is famous for its quality smartphones and other electronic accessories. But a few are present in the whole population who have the idea of the fun and interesting facts about Samsung. Hence, it follows:
In the initial days of the establishment, Samsung sold noodles and other associated products. As noodles are a traditional food in Korea, it all started from noodle production. But it was later in the 1970s when the second thought buzzed in. In the year 1970, Samsung produced its first electrical product, which was eventually a 12-inch of black and white TV. Hence, then only, following the steps, the production of electronics started.
Samsung is a Self-Dependent company
While other electrical companies depend on other brands and companies for the accessories and supporting products. It is Samsung which is very focused on creating the most possible equipment in-house. Therefore, working tirelessly on fulfilling this aim, in the present time, Samsung produces almost 90% of its goods. It all gets made in the Samsung factory and other brands also sometimes buy it from Samsung.
Samsung has a record of Employees
As we know, Samsung is a worldwide company, so Samsung has its manufacturing and sales branches covering all the world. Hence, to team up well and for proper functioning, Samsung employs a huge 4,89,000 employers in over 79 countries. And this number is a record itself. No other brand has this number of employees working all around the world.
What Samsung meant?
Every brand has its backstory. And the backstories are really interesting. Similarly, the name âSamsungâ originated from a Korean word. In Korea, the word Samsung means a set of 3 stars or âTri-Starâ. Defining the meaning of the 3 stars, the company explained, it means Powerful, Big, and Gigantic. And, hopefully, they try every time to prove this in their every product.
The relation between Samsung and South Korea is considered very strong and helpful. It is not only like the company originated from South Korea, but it has also been fruitful to the country. The country has gained almost 17 to 20 percent of the whole GDP, alone from this company only. Samsung is the number one company, which earns revenue for South Korea. Hence, the company has been a Gospel of Mammon for the country.
Samsung’s The first CDMA Phone
Samsung First CDMA Phone
In this modern civilized society, high-speed networks like 4G and 5G are the only ones ruling all over. While back in the 90s, CDMA technology was the only fastest-growing technology available. And, it was Samsung which was the first company to introduce a phone, featuring CDMA technology. That phone was named as Samsung Stunt SCH-100 and it was successful all the way. This phone was introduced in 1996.
Samsung rejected Android OS
Everyone is concerned that; it is Google that owns the android at the moment. But back in the year 2004, when Android developers were a startup, they pitched the idea to the Samsung company. But at that time, Samsung didnât like the idea and rejected it. But the android developers met google after 2 weeks, and google was amused by the idea. Hence google acquired it and launched it in 2005. Hence, it might be Samsung who would have owned and dominated the smartphone business, if they would have not rejected it.
Samsung story behind it’s logo
Samsung Logo
When the company was first introduced, it was introduced with a specific logo, back in 1938. But after almost 20 years, the company again reframed its logo and again in the year 1970, for unspecified reasons. And finally, the logo of the Samsung electronics got changed in 1980, which is used till now. But later a new logo was introduced in 1993, which is being used in the other products, like TVs, refrigerators, and smartphones.
Samsung has it’s own Font
Not every company has its own fonts to use. Samsung owns its own font and uses it in every device. This font is named Samsung One and was released in the year 2016. One can find this font in every Samsung product. It may be any smartphone or monitor.
Samsung supplies products to rivals
Samsung not only manufactures its goods but also makes products for its rival companies. It might sound a little weird, but it is true. It is believed that Samsung produces RAM, NAND flash, and OLED displays for one of the leading smartphone companies, the iPhone. Itâs the reason Samsung earns around 110 dollars per iPhone X production.
Samsung made Fighter jet for South Korea
Samsung fighter Jet for South Korea
As said earlier, South Korea owes a lot to Samsung. Likewise, the South Korean air force has a lot of acknowledgments and applause for the company. It is because this electronic giant actually created the first-ever fighter jet for the country which is named KF-16.
Samsung to make a self-driving car
Modernization is a rapid change in society. Samsung also started walking on this step and has initiated the manufacturing of the self-driving car in South Korea. It was in May 2017, when Samsung got the permission to have the trials of this self-driving car.
Samsung recalled millions of Smartphones
Stressing in the quality, Samsung called back almost 2.5 million smartphones of the Note series. This decision was taken keeping an eye on the battery issue and the malfunctions arising in this series. Later it got sorted out.
Samsung’s Best-selling Smartphone
Samsung Galaxy S4 – the most selling smartphone
It is recorded that the Samsung Galaxy S4 was the most selling smartphone around the world. This smartphone had around 80 million total sales, across the globe. And, this sale was the best android based smartphone sale ever.
Samsung’s first QLED TV
Setting another record and benchmark, Samsung was successful in producing the worldâs first QLED TV, in February 2017. This had the quality of showing 100 percent volume of color. Ultimately this meant a picture which one can feel almost.
Conclusion
Hence, it is Samsung which was, is, and hopefully will be the one, who would be standing tall in this smartphone business. The true quality and customer support have made this company one of the most successful and the most recommended companies across the globe. It is the innovation and new technology which make this giant more gigantic. And hopefully, they must carry on the same.
FAQs
What is Samsung best known for?
Samsung has specialization in the production of consumer and industry electronics, semiconductors, memory chips, and other appliances.
Is Samsung a Korean company?
Yes, Samsung is a South Korean multinational conglomerate headquartered in Seoul.
In the world of automobiles, Lamborghini is one of the most exclusive manufacturers. As a result, most people can only dream of owning this luxury car brand. Known for its speed, power, and beauty this Italian automobile is fast, powerful, and stylish. Lamborghini is a symbol of high class, luxury, and wealth. Lamborghini is easily recognizable and turns heads when driven on roads.
Below are some interesting facts about Lamborghini.
Tractors were Lamborghini’s first product, and they continue to make them today. The tractor company was found in 1947. At that time, there was a high demand for agricultural equipment and vehicles.
“Carioca” tractor was built from parts of an old military vehicle. The first company, ‘Lamborghini Trattoria, was founded as a result of the success of this tractor. Lamborghini had designed its fuel atomizer for its tractors, which made them unique.
For farmers, the cost of gasoline was a major concern. For this reason, Lamborghini designed its tractors.
When Lamborghini released its first model, it was devoid of a motor
Lamborghini 350 GTV
The 350 GTV may have been the world’s first Lamborghini and the inspiration for the supercar genre, but when it was first unveiled at the Turin Auto Show, it was barely finished. Consequently, they placed several bricks in place of an engine and kept the hood closed throughout the entire period.
Bull theme of Lamborghini
In some cases, car manufacturers choose names based on a recurring pattern. For Lamborghini, bulls are a recurrent theme. He was a big fan of bullfighting in Spain. The sport was something he was passionate about and something he enjoyed watching in his spare time.
“Bullfighting” attracted him because of its excitement, drama, and power. As an analogy, he compared this power to that of his vehicles. He chose to use the names of famous Spanish fighting bulls for bulls. The Lamborghini Miura was the first model to bear the name of a bull. After that many more bullfighting bull-themed cars were produced in the following years.
Lamborghini Taurus
Ferruccio Lamborghini was born on April 28, under the Taurus astrological star sign. He wanted to name the Lamborghini after his zodiac sign. As a result, there was almost a Lamborghini Taurus car in the market. However, it didn’t work out and a new name was chosen.
Dubai’s city police uses Lamborghinis
Lamborghini used by Dubai Police
Dubai is one of the richest countries in the world and has an insane police car collection. A 691hp mid-mounted V12 engine in a police vehicle? That’s insane! Each of the Dubai Police vehicles is equipped with a Lamborghini Aventador, which has a top speed of almost 350 kmph and can go from 0 to 100 in just 3 seconds!
Veneno Roadster was introduced in 2014 and the cars are rare, expensive, and fast. A limited-production Lamborghini sports car, the Veneno is Lamborghini’s high-performance model.
A total of four units were produced by the company, of which three were sold to selected customers and one was placed in the company’s museum for display.
Lamborghini developed the Veneno, based on the Aventador, to commemorate its 50th anniversary. A four-million-dollar production car, it was one of the most expensive vehicles ever built.
To help the Italian police transport organs quickly, Lamborghini donated multiple cars
Lamborghini Organ Transport vehicle
A refrigerated box was one of the special tools installed in these customized cars. Recent efforts by the Italian police to deliver a kidney for transplant surgery took advantage of the speed of the delivery system. To transport a kidney for surgery, Italian police drove a Lamborghini Huracan at 230 km/h. After 5 to 6 hours of travel, the police successfully delivered the vital organ.
Lamborghini Winter Academy
Lamborghini Winter Academy
The Lamborghini Winter Academy may be of interest to Lamborghini fans or those who dream of driving fast cars. You will have the opportunity to race around a ski resort as you want to. A 5-700 horsepower Lamborghini can be driven in the Alps in winter on snow and ice. Alternatively, you could visit the Lamborghini Museum for a more sedate experience.
Italian museum dedicated to the Lamborghini family is located in Funo di Argelato (Bologna). This museum is open Monday through Friday for a fee of 15 euros. Take a virtual tour of the museum without ever having to leave your house! Another way to experience Lamborghinis is to drive someone else’s vehicle for a day on the track.
Lamborghini’s Huracan produced 14,022 units in 2019 after just five years of production, surpassing Gallardo’s record of 10,024 units in 10 years. As a result, the Huracan is Lamborghini’s most successful model ever in terms of sales. Lamborghini’s sales grew by 43 percent in 2019. 8205 cars were sold by the brand during the period. As of 2021, there are 7,221 total Lamborghinis around the world.
Films in which Lamborghinis are featured
Lamborghini Murcielago used in the movie Batman Begins
Certain cars, such as the Lamborghini, possess a certain elegance that is hard to find anywhere else. Cars are used in thrilling car chases that add to the excitement of a film or to portray the status of a wealthy character that is trying to impress. When they are used as props, their sleek and impressive lines are sure to turn heads no matter where they go.
Over the years, Lamborghinis have appeared in countless films. Lamborghini Diablo, used in “Dumb and Dumber“, is an example of this. “Big” featured the Lamborghini Countach, while “Transformers: Age of Extinction” starred the Lamborghini Aventador. “Batman Begins” also includes a Lamborghini Murcielago Roadster.
FAQ
Who is the founder of Lamborghini?
Ferruccio Lamborghini is the founder of Lamborghini.
Who is the present CEO of Lamborghini?
Stephan Winkelmann is the current CEO of Lamborghini.
When was Lamborghini founded?
Lamborghini was founded by Ferruccio Lamborghini in 1963.
Possessing more than 250 million active users, Twitter is one of the most talked-about and most used social media stages. It has this number of active users who log in at least once a month.
So basically Twitter is a microblogging and social media networking site of service. This American-based social media platform allows its users to post and have normal interaction through messages.
And these messages are known are âTweetsâ. Only the foremost registered users can post, like, and retweet the old tweets, but the ones who are unregistered are only able to read them and nothing other than that. Before knowing some surprising facts about Twitter, let’s have a look at its highlights.
So as Twitter has been growing on a larger scale in terms of membership, platform popularity, and its day-to-day usage. So now it looks increasingly very interesting to have a look at the facts and other figures about this micro-blogging social media platform that is Twitter. Some of the interesting facts about Twitter are:
At first, there were doubts about whether the hashtag would ever become popular with internet users since it appeared too technical and nerdy. The person who is to date held responsible for introducing the famous hashtag into this packed digital world is Chris Messina.
Hashtags were designed just to help the existing users connect with a much particular theme. They are mostly used during events and other conferences to help people find other relatable posts about a similar thing.
Twitter – The blue Twitter bird in the Logo is Larry.
Twitter Bird – Larry
Another interesting fact about Twitter is Larry, the bird in the logo of Twitter. Many people including Twitter users also may not know that Larry was its name and something like this existed.
Larryâs name came before the world as well as the limelight after the year 2012 although this social media platform was being operated since 2006 with the same logo. When people started questioning and speculating about whether Larry is a definite name or not. It later got confirmed by a manager of Twitter.
Interesting Facts about Twitter
Twitter – The first tweet was done on March 21, 2006.
The first interesting fact about Twitter is that that first tweet was tweeted factually on 21st March 2006. Jack Dorsey, one of the present co-founders of Twitter was the man to post the first tweet.
So, Jack Dorsey took it to Twitter and posted the first-ever tweet in the entire history of Twitter at exactly 9.50 P.M. The tweet read, âjust setting up my twttr.â
Twitter – Friendstalker
Another interesting fact that hardly anyone knows is that âFriendstalkerâ was one of the original ideas for the name other than Twitter. Initially, this name was highly on the cards.
Twitter – The Library of Congress often archives all tweets.
One of the underrated interesting facts related to Twitter is that in 2010, the United States Library of Congress started archiving all tweets.
But it was announced in 2017 that it would be more selective with its tweets that are being archived. This decision came in because the number of tweets was increasing. So, thinking rationally, the Library of Congress decided that it will archive only a certain number of tweets only for the interest and benefit of the people of America.
Twitter – Barack Obama has the most number of Followers.
Most Followed person on Twitter- Barack Obama
Another interesting fact about Twitter is that Barack Obama the former President of the United States of America is the most followed person on Twitter with 129.8 million followers.
He has the most number of followers on Twitter followed by Justin Bieber with 113.8m followers and Katy Perry with 108.3m followers.
Twitter – If you follow the Pope on Twitter, you are a better person.
Another interesting yet hilarious fact of Twitter is that according to the Vatican if a person follows the Pope on Twitter, the person is good.
This is because the Catholic Church and the Vatican claim that helping the needy, charity to the poor, and enchanting the prayers daily make you a better person.
Twitter – Nearly 4 Lakh Tweets are being made a minute.
One of the most interesting facts about Twitter is that, in an average single Minute, approximately 4 lakh Tweets are being posted on Twitter.
This sums up to a massive number of 500 million Tweets a single day. It seems a large quantity but in comparison, Facebook has an average of 4 million new posts every single minute and thatâs huge concerning Twitter.
Twitter – Early days’ problems.
By early 2007, Twitter started to grow more, and the communications and media team had the advantage of the famous conference and events to make the usage maximum and add more people to Twitter.
Around 2007, approximately 50,000 tweets were made every single day on Twitter. This in return proved to be too efficient for the existing servers to handle at a time.
Twitter – Ellen DeGeneres’s Selfie
Ellen DeGeneres’s selfie in March 2014 on Twitter
And here we come to the most interesting fact about Twitter: Ellen DeGeneres’s selfie in March 2014 at the Oscars became the most retweeted tweet ever in the history of Twitter.
It then becomes one of the most celebrated selfies of all time, as well as being a famous tweet. As also this was one of the main objectives of the tweet by the time Ellen posted it.
Twitter – Initially, it was âTwttrâ not âTwitterâ.
Another interesting fact about Twitter is that it was not called Twitter in its earliest days as it is now. The name â Twttrâ was the actual name chosen for this service. The basic idea for this name is still attributed to Noah Glass.
Another stunning fact about Twitter is that in Sweden the official account was being run by a new swede every other week. Yes, itâs true. In 2011, the Swedish government handed over the keys of the official Twitter handle to any citizen every week. The aim was to show the country as it existed through the eyes of the various citizens.
Twitter – The most preferable time to tweet.
Yes, this is a most useful and interesting fact for a Twitter user. This is because if you are a Twitter user then you must tweet within this time to get maximum reach for your tweet. This is because the most active user is found in between this period.
Twitter – A Hangtag
Another interesting fact about Twitter is that when a tweet is ended with an empty hashtag it is called a hangtag. This is because it is considered to be Twitterâs version of the mic drop.
Twitter – Twitter is being banned in many countries.
One of the most interesting and trending topics of issue about Twitter is that it is getting banned by many countries. This is because it is violating the restrictions of the government.
Recently it got banned by Nigeria. Before it was banned by China and some issues were also raised by India to ban it.
Conclusion
So at last these were all the interesting facts about Twitter. Some were highly underrated and overrated. Some were on some positive or negative note. Yet Twitter is considered as one of the most powerful social media platforms to raise a powerful voice in later being supported by other people.
FAQs
When was Twitter founded?
Twitter was founded in the Year 2006.
When was the hashtag first seen on Twitter?
The hashtag was first seen in 2007.
What is Hangtag?
A tweet ended with an empty hashtag it is called a hangtag.
When was the first tweet on Twitter?
The first tweet was tweeted factually on 21st March 2006.
What is the age limit for opening a twitter account?
Twitter requires people to be 13 years of age or older for using twitter services.
âIt will be much more about responsible travel now. We are going to value our freedom a lot more” â Deep Kalra, Founder of MakeMyTrip on impact of Covid on travel industry
The travel and tourism industry is one of the largest industries in India, it’s a major driver of economic growth globally. India’s tourism industry is experiencing a good period of growth, driven by the flourishing Indian middle class, growth in high spending foreign tourists and coordinated government campaigns to promote ‘Incredible India’. But Due to restrictions linked to Covid-19, the number of foreign tourist in India during 2021 decreased to 1.52 million compared to 2.74 million in 2020, dropping by 44.5%, though foreign exchange earnings grew during the same period, as per the India Tourism Statistics 2022 report. In 2019, India saw 10.93 million foreign tourist arrivals, which dropped by 75% in 2020.
In 2021, the travel and tourism industry in India contributed around 178 billion U.S. dollars to the country’s GDP. Just a few days ago the Indian government has said that the country’s tourism sector will recover to the pre-pandemic level by mid-2024 , they also said that by 2030, the tourism sector will contribute $250 billion to the country’s gross domestic product (GDP).According to the recent India Travel Market Report by Phocuswright, the total Indian travel market stood at US$19.1 billion in 2021 and is expected to reach $40.4 billion in 2025, with online penetration reaching 58% in 2025.
The booming IT and outsourcing industry has led to a growing number of business trips made by foreigners to India. After Covid, along with work from home, a new trend has come, i.e., workcation for which travel companies are coming up with very good offers and packages. These plans comprise elegant and peaceful places to work with sightseeing and event sports in the evening. These packages are varied and diverse.
From choosing destinations to connecting with locals and customizing the holiday, the travel startup business in India is looking to add a new dimension to the ever-evolving traveling story.
Here is the list of successful tour and travel startups.
Best Travel and Tourism Startup in India – MakeMyTrip
MakeMyTrip is one of the oldest travel startup in India . The inspiration for this startup came to Kalra when he was booking a holiday to Thailand. He realized that the internet could offer more competitive prices by cutting out the middleman. MakeMyTrip’s mission is to provide customers a one-stop-shop for all their travel needs by providing online travel services that include flight tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets.
ClearTrip
Founders
Stuart Crighton; Matthew Spacieâ; Hrush Bhatt
Founded In
2016
Headquarters
Mumbai
Top Travel Startup – Cleartrip
Cleartrip, headquartered in Mumbai, was founded by Stuart Crighton, Hrush Bhatt in the year 2005. The company operates an online travel aggregator website for booking flights and train tickets, hotel reservations, and activities in India and the Middle East countries. Cleartrip is one of the few business travel startups in India. It has offices across India, UAE, Saudi Arabia, and Egypt. Cleartrip is another travel tech company in India, started its services to the Persian Gulf nations of Oman, Qatar, Kuwait, Bahrain, and Saudi Arabia, UAE, Egypt. On June 21, 2018, Cleartrip announced the acquisition of Saudi Arabia-based online travel aggregator (OTA) Flyin.
Clear trip also operates –
Cleartrip for Business, an online corporate travel management tool. It is a business travel solution for companies
Agent Box, a travel tool for travel agents.
Cleartrip Mobile, a travel booking app for consumers.
Expressway, to let users store traveller profile and payment details securely to make one-click bookings.
Flexifly, a solution that enables flyers to change their travel date and time and switch flights between airlines without any hefty penalties.
Within few years goibibo became a big payer in travel industry. Goibibo acquired redBus in 2013 to enhance its product offering. The 2016 merger of MMT and Goibibo gave MMT depth of content and an access to a bigger consumer base. It’s core value differentiator is the most trusted user experience, be it in terms of quickest search and booking, fastest payments, settlement or refund processes. Along with the usual services travel startups provide, Goibibobecame the no 1 travel startup to introduce real travel booking currency named as Go Cash which can be used without any restrictions or limits of use.
In small towns, this start up company has built up good trust and about 48% of new users are associated with tier 2 and tier 3 cities, it has seen a 65% increase in transacting users since January this year and that it has been ‘successful’ in consolidating its position as the ‘second largest’ OTA brand in the country.
It is the largest hospitality startup from the list of top hospitality startups in India comprising budget hotels. It is usually one of the first names that pop up in people’s minds when they think of cost efficient hotel bookings in India. The startup works in liaison with existing hotels and offers travellers vacant rooms at a cheaper price. OYO Rooms start at a nominal price of Rs. 999. Besides bulk renting hotels, they have also invested in their own properties as well. Click here to know how exactly OYO Rooms work.
The users can also opt for OYO Premium which provides a more-than-basic experience. OYO Rooms are located in the prime areas of the city and therefore they ensure travellers of having the best experience, it is also close to the best sight-seeing destinations and various dining options. The startup also raised an investment of $90 million from Softbank earlier in 2016. In 2019, OYO raised $1.5 Billion in Series F funding led by SoftBank Group, Lightspeed Venture Partners, and Sequoia India.
Travel and Tourism Startup in India – Pickyourtrail
Hari Ganapathy and Srinath Shankar got the idea of the startup after their experience from a self-planned trip to Europe in 2012. Â This platform uses deep tech to let travellers create, customize and book international vacations. Pickyourtrail considers more than 40 factors like duration, travel time, ratings, etc to build personalized itineraries that travellers can further customize & book.
After the trip is booked, travellers can use Pickyourtrailâs app to keep track of bookings and get real-time information on flight and weather updates, restaurant recommendations, and on-trip chat support.
Their goal is to perform best in the tour and travel business when it comes to international trips.
Best Travel and Tourism Startup in India – SCOUT MY TRIP
ScoutMyTrip is a road trip planner ,It works for all sorts of outings, from short weekend travels to long excursions.
The motive that the duo has been able to solve through their startup is to collate information that is currently very diversified. Basically it is an information portal that makes travel easy and accessible for anyone. The company plans to connect travellers with people who want to travel on any particular vehicle. It will also facilitate customised tour packages.
With artificial intelligence, customers can create an itinerary containing the information necessary for their road tripâgas stations, toilets, restaurants, hotels to stay, and points of interest. The human intelligence aspect brings in the ability to personalize information as per one’s needs.
The corporate outdoor and experiential learning model adopted by Thrillophilia in its early days, has proven to be of great significance since it was fairly new concept in India.
Thrillophilia provides you with handpicked adventure travel options. It is best suited for travellers seeking an off-the-beaten-track package for sightseeing, sports, and adventurous activities like water rafting, snorkelling, bungee jumping, and skydiving. The travellers can also curate the best tours and authentic suppliers.
Travel Triangle operates their services with a versatile team of 450+ people. Travel Triangle is operating as an online marketplace model bringing both travellers and trusted & expert travel agents on a common platform. Travel Triangle is a SaaS-based customer relationship management (CRM) platform to help them manage and analyse customer interactions and data.
goMowgli
Founders
Anil Alur and Sunil Abhilash
Founded In
2013
Headquarters
Mysuru, Karnataka
Top travel and tourism Startup – goMowgli
goMowgli is a travel startup that had its name inspired by the fictional character we all loved growing up âMowgli from Jungle Book. It has a fleet of buses across different states (using the concept of âhop-off busesâ) and the travellers can buy a pass for a fixed number of days â a week or two. It is suitable for solo travellers and backpackers who want to travel without a fixed plan or do not want to get in trouble of booking cabs while traveling the city.
goMowgli claims to be India’s first flexible bus network for travellers. Flexible bus network mean is you can catch the bus anytime you want from any place in their network, and get off anytime, at any place.
goMowgli will tell you the exact location of the nearest bus when you switch on the GPS feature on your smartphone. The app is growing in popularity very fast. At present, their revenue generation is basically based on the passes they sell (Rs. 1700/day) . And their marketing is mainly based on social media and word of mouth.
Tripoto is a Delhi-based startup founded by Anirudh Gupta and Michael Lyngdoh and one of the best travel startups in India. It allows users to create itineraries for their future trips that they can also share with other travelers.They can share their travel experiences, related content and pictures, itineraries, maps, stories, and reviews.
The startup has one of the largest communities of travellers in the world where people get a chance to share their travel experiences, discover unique trips and travel itineraries by other travelers and connect with them around the world through the website. Tripotoâs aim is to become the largest source of crowd-sourced travel content platforms in the world by enabling users to share their credible travel information.
ExTravelMoney
Founder
George Zachariah
Founded In
2015
Headquarters
Kochi, Kerala
Travel Startup in India – ExTravel Money
ExTravelMoney is an online aggregator and marketplace for forex services that bring the hyperlocal eCommerce model to foreign exchange business and is helping users save money on currency exchange and money transfer from and to abroad. Users can use this platform to search for banks and money changers near them who offer these forex services. They can also compare the exchange rates and total cost of a forex service including the services fees, tax charges, even the rating of each forex store they are searching for.
The users can therefore make an informed decision based on this knowledge and book the cheapest and the best forex services near them directly from their app ExTravelMoney. If you are traveling in a foreign country, foreign exchange is an important component to plan. It isnât easy to purchase forex due to the time and the hassle it takes in finding the best exchange rates. The website provides travelers with forex dealers across the country to bring them the best available exchange rate in the market and all they need to do is log in to their website, state their forex requirement, and then it connects you to the nearest forex dealer.
Nearify is an app founded by Mayank Kumar, Saurav Singh and Vivek Srivastava in 2012 that provides users with updated information on events that are happening around them. Like information on the city, major tourist attractions, and fairs & festivals happening in the area. All the user needs to do is to key in the name of the city to find listings of meet-ups, workshops, music concerts, and cultural hangout places in their close proximity.
It is best suited for travelers who want to know whatâs happening in other locations of the place they are traveling to and wish to plan their itinerary and also donât want to miss out on the social events happening in nearby cities or locations.
TripHobo
Founders
Praveen Kumar, Saket Newaskar, and Karthik Ramachandra
Founded In
2012
Headquarters
Pune, Maharashtra
Travel Planning Startup – TripHobo
TripHobo is a Pune-based travel startup that has an innovative new travel platform where the collective effort of their dedicated team of travel enthusiasts. They are trying to transform its user’s travel experience by making travel more sharable and personally tailored. The platform lets you connect with travel buddies around the world and hence makes your experience even richer and memorable.
TripHobo is a vacation planning website that is also the worldâs leading vacation planning platform on which you can plan trips to about 150,000 destinations worldwide. It lets users discover great itineraries created by travellers just like them.
iTraveller
Founders
Shiju Radhakrishnan and Sanjay Kumar
Founded In
2011
Headquarters
Banglore
Top Travel Startups – iTraveller
It’s an online travel platform for travellers to explore travel destinations, plan and book their trips in advance. It allows users to dynamically create self-serviced customized travel packages after receiving inquiries from clients.
The users can also compare reviews and plan their activities and sightseeing for their trips, it also involves native wholesale suppliers who are responsible for the operational aspects of the business of your trip that includes ground handling and fulfillment. iTraveller has created more than 2 lakh trips featuring over 20 travel destinations across the globe and more than 60 native wholesale suppliers from across these destinations. The brand of iTraveller is now changed to Lastminute.
SeekSherpa
Founders
Sukhmani Singh and Dhruv Raj Gupta
Founded In
2014
Headquarters
Delhi
Top Travel and Tourism Startup in India – Seek Sherpa
The mobile marketplace connects travellers with the local people in the city you are traveling to. These people are called âSherpasâ and are chosen after a thorough background check and verified authenticity. They offer numerous itineraries, popularly known as âmicro toursâ, from sightseeing, photography tours, and heritage walks and food walks to explore a location from the eyes of a local guide â Sherpa.
Sherpas can be from any profession and list experiences that will cost you less than Rs. 3,000 per participant. This is a unique feature that SeekSherpa offers, it helps you in traveling better by interacting with the residents of the place you are seeking to explore. This way, your trip is better, well experienced, and more memorable.
SOTC
Founder
Mr. Vishal Suri (Managing Director)
Founded In
1949
Headquarters
Mumbai, India
Top travel and Tourism Startup in India – SOTC
SOTC India is a leading travel and tourism company active across various travel segments including Leisure Travel, Incentive Travel and Business Travel. It is one of the leaders in segments, namely Escorted Group Tours, Customized Holidays, Â and Incentive Travel amongst others. SOTC offers customized holidays around the world, Corporate Tours and provides packages for MICE (Meetings, Incentives, Conferences and Events) related travel needs.
Conclusion
Travelling is one of the most exciting and important parts of our life. It teaches us a lot. These startups in the tourism industry in India are helping us to make our journey better, safer, and easier. If we have missed out on any travel startup in India, do let us know in the comments.
FAQs on Travel Startups in India
How to start a travel business in India or how to start a travel company in India?
Best tips to start a travel business in India or a travel company in India:
Step 1: Prepare a plan for your travel business.
Step 2: Brand your travel business along with dealing in legal formalities.
Step 3: Manage your funding strategy.
Step 4: Pick a great location and hire employees.
How to start an online travel agency in India?
The list of requirements to start an online travel agency in India:
Make a thorough research on your competitors and the market.
Find your own niche in the travel industry.
Build your team.
Take a call on a travel website or a travel software, or both.
A brand of sweet hazelnut cocoa spread chocolate product is Nutella. This delicious product was first introduced in the year 1963 and was manufactured in the year 1964 by the Italian manufacturing company Ferrero. It originated from the Piedmont state of Italy and later on spread all across the world.
This treat contains some amounts of diluted sugar, palm oil, hazelnuts, cocoa extracts, and milk powder as its main ingredients. Among these, mainly sugar and palm oil take over, almost more than half of the whole residue. Hence, it contains a lot of sugar and protein. Under Italian law, it is strictly denied that Nutella cannot be labeled and sold as chocolate cream. This decision was taken as it does not contain the minimum amount of cocoa solid criteria.
Here are some interesting facts about the hazelnut spread, Nutella:
Nutella – The Predecessor was named after an Italian Comedy Character
Gianduja, a smiling peasant of Piedmont, was the character after which the chocolate substance was named after. It is said that the Gianduja used to hold a container and roam around the streets. It was believed that the container which he holds contains wine. But he could have also just easily held some chocolate hazelnuts.
Gianduja masks are sold all over this Piedmont region of Italy and his face was present all over the previously made Nutella advertisements.
Interesting Facts about Nutella
Nutella – The Napoleonic wars spread the popularity
Although not directly, but indirectly the Napoleon and Napoleonic wars had an adverse effect on Nutella. As during these wars in 1806, Napoleon banned British commerce for profit, the chocolatiers faced a negative effect for this. Hence, they, later on, started adding chopped hazelnuts to the chocolates to allow the chocolates to stretch the supply. This delicious idea was later on copied and pasted by Gianduja with Nutella.
The palm oil and milk powder present in the chocolate substance is too sticky. Due to this stickiness and the stretchable reason, the Nutella stretches and spreads far and wide. Hence it is not only that Nutella is only available for purchase and consumption in more than 160 countries. But if we spread all the Nutella sold in a year, all over the world. Then this may exceed up to more than 1000 football grounds.
Nutella – Nutella holds a lot of the worldâs hazelnut supply
As mentioned earlier, the hazelnut and cocoa cover almost 50% of the whole Nutella. So, every 14-ounce jar of this chocolate substance contains almost 52 hazelnuts within it. Although this figure is not hard to prove, still it is what is said in the advertisements. Hence, summing up the total containing of the product, it is about 13% of the total containing hazelnuts. In a nutshell, it can be summed up that, with each bite of the Nutella, one is having almost one hazelnut with it.
Nutella – Nutella holds a lot of the worldâs hazelnut supply
The production company of Nutella, which is, Ferrero buys almost a quarter of the whole worldâs hazelnut supply every year. Counting this many amounts of hazelnuts is equal to almost 100,000 tons. Due to this, hazelnuts are now a trending topic. They are counting value for the nuts, and are encouraging farmers all over the world to produce nuts enthusiastically. Keeping a record in 2014, Ferrero became the worldâs leading hazelnut supplier. Countries like Chile and Australia are now giving it a try to conquer the production of these nuts.
Nutella – The parent company also owns a lot of others in the market
A milk and chocolate-based product known as kinder is the sister company of Nutella. This is much more famous in the young age groups and has a lot of demand. The parent company also owns the other refreshing mint candy known as Tic Tac in 1969. It was produced only after a few years of the debut of Nutella. Hence, itâs not the only Nutella, but it also has enough stack in these other two famous products.
Nutella – In love, World Nutella Day is also celebrated
World Nutella Day
A worldwide celebration was performed in the year 2007, by two bloggers in Italy. They were so much obsessed and in love with this that they declared 5th February as a day for eating Nutella. They also shared the memories and pictures of Nutella, including the Nutella recipes. In the year 2013, the company tried to shut down this worldwide day. But later on, with the request of the Nutella Day founder Sara Rosso, it was again celebrated.
Nutella – A stamp was shared in Italy
Nutella Stamp Italy
The craze and hype of Nutella in Italy are like nothing else. Not only the people and children but also the Italian Postal Service admired its love for Nutella. In respect of Nutellaâs Golden jubilee anniversary in the year 2014, the Italian Postal Service commenced a Nutella-themed stamp, designed with the brandâs copyright signature jar. It was filled with hazelnut goodness.
Nutella – Recognized as Breakfast Champions
During Nutellaâs 40th anniversary, a breakfast celebration was held in Germany in 2005. And according to the Guinness book of world records, Nutella won the respected title of âLarger Continental Breakfast.â In the celebration, a total of 27, 855 people gathered to enjoy the meal. The meal consisted of sliced bread, yogurt, orange juice, and Nutella in the end. And after having the meal, it is not really required how blissful they felt.
Nutella – Love for Sports
During the 2014 UCI Road World Championships, the company gifted members of the Italian National Cycling team huge giant jars filled with Nutella. Those jars were personalized with their names and were gifted personally. Not only this, but the company has also been the official sponsor for the home country, Italyâs, world cup football team. Itâs all on the front of how much love a company has for sports.
Nutella – You can’t name your child after Nutella, in France
By naming your children with this Nutella name might come up like, it will affect as if leading to teasing or something similar. Hence, a French court banned it.
Nutella – Helps in reducing weight
In 2015, it was stated by an anonymous person that Nutella can help in losing weight within a span of 7 days. Although it was never proved later!
Nutella – 20,000 Euros Nutella stolen
In 2013, it is mentioned that 20,000 Euros worth of Nutella was stolen by some thieves. The thieves almost took 5 tons of the product. With that, they also took away some other energy drinks.
The Nutella headquarters is located at the Pino Torinese in Italy. It was founded in 1946, holding over 40000 employees in total.
Nutella – American Nutella is not good
Copying the recipe of the original Nutella, Americans also started producing the same product. but later it was complained that the American Nutella is not as good as the original one!
Conclusion
So, these are some of the interesting facts which not a lot of the population know. Although Nutella is too famous for everyone, these interesting facts are lesser-known ones. Hence, these are the lesser-known, yet too interesting facts about the world-famous company Nutella.
FAQs
Is Nutella a chocolate?
It is a chocolate and hazelnut spread.
What is nutella made of?
Nutella contains sugar, palm oil, hazelnuts, cocoa, and milk powder.
Nutella is a product of which country?
Nutella is manufactured by the Italian company Ferrero.
When was Nutella launched?
Italian company Ferrero has introduced Nutella in 1964.
Hyderabad, being the major city of the technology industry and termed as the âCity of Pearlsâ, embraces many budding as well as successful entrepreneurs. If you are an aspiring entrepreneur who is looking for startup investors in Hyderabad, here we have attempted to list down Top Angel Investors in Hyderabad with their Contact, who you can reach out to. Further, get an insight into the Major investments made by them in specific areas.
Before moving ahead to find out Angel Investors contact list, let’s get an insight on How Angel Funding Benefits Startups.
The list of Angel Investors with contact details is as follows:
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Markets Interested: Healthtech, AI, E-commerce, edtech, Technology, Enterprise Software Investments: Medplus, CustomFurnish, SkillPro, Alphabeta, and more.
Srini Koppolu, the Founder and CEO of NewsPlus (Personalized news platform) is a well-known Investor in Hyderabad. He has also served as First President of Hyderabad Angels and made more than 10 angel investments.
During his journey of work in Microsoft as a software engineer, he gained a greater insight into developing innovative products, R&D initiatives, and building a large-scale organization from scratch. He holds more than 20 global patents. After working at Microsoft for 21 long years, he moved out to set up Microsoft India Development Centre (MSIDC), he transitioned this from a start-up to the largest product development Centre outside of US.
Markets Interested: Finance, Technology, Ecommerce Investments: App Virality, Smytten, Alphabeta, and more.
Rimpal Chawla
Rimpal Chawla, Founder and CEO of Anitya Ventures (a boutique investment and business advisory firm), is an active angel investor in Hyderabad for startups. He is the co-founder of Vasisth Relative Value Fund i.e. a SEBI Registered alternative investment fund. He is also the promoter and co-founder of Ninebark Advisors, which is a SEBI Registered investment advisory firm.
He has worked with Global Finance Giants like Credit Suisse, Goldman Sachs, and Citibank, thereby gaining massive experience in investments. Currently, he is the Charter Member of TIE, a member of the Mentor Club at Indian School of Business, Hyderabad for their innovation and Entrepreneurship Program. He also coaches senior corporate executives on strategic business concerns and a Company Valuation course at IIT, Hyderabad.
Markets Interested:Healthcare, Technological, Education, Consumer, and Fintech Investments: Flatpebble, Aarav, Unmanned Systems, DoctorC and more.
Sanjay Jesrani, the Founder and CEO of Go Ventures (Hyderabad-based Investment firm) is an active member of the Indian Angel Network. He holds a Bachelor’s Degree in Commerce and a Fellow Member of ICAI. He was a core member of India and South Asia Hitachi group company CEO Network, and thus being intrinsically involved in the companyâs growth strategies. He brings around 20 years of experience from his role as CFO at Sierra Atlantic. Before his joining Sierra Atlantic, he managed his family-owned venture and led his CA Practice.
Markets Interested: Ecommerce, Marketplace, Technology, Consumer Internet Investments: 20Dresses, IndieFolio, and more.
Srinivasa Rao Aluri, the Chairman of Qunu Labs Pvt Ltd is a prominent investor in the Indian Startup ecosystem. He is an alum of the prestigious Yale University and has also served as an MD at Morgan Stanley. The knowledge and expertise that he retains are immense.
Markets Interested: Finance, Marketing, Technology, Big Data, AI Investments: GeneSys Biologics, Crayon Data, Dexter, and CafeX
Vijay Amritraj, the Founder, and CEO of Voila F9 Gourmet (Food & Beverage Company) is an entrepreneur and has experience of over 20 years in the domain of marketing and finance. He pursued his Degree in Commerce from Nizam College and later an MBA from the SIBM, Pune. He was a founding team member at the Global Insurance giants and helped them to launch their India operations. He also experienced leadership roles at Max New York Life Insurance and AEGON Life insurance.
Markets Interested: IT, Agritech, Cloud-based, AI, Consumer Internet Investments: Hotelogix, Exotel, eFarm, and more.
Puru Modani, chairman of the Telangana Fencing Association AdHoc Committee, is an active angel investor in the Indian startups’ ecosystem. He has been an alum of IIM-Kozhikode. He is a well-experienced investor, in the venture capital and private equity industry.
Modani served around a one-year term as a board member at FIIRE (Forum for innovation incubation Research & Entrepreneurship). He has also been a Chief Strategist at Houston Technology Center. Overall, he is skilled in Global Delivery, IT Strategy, Management, Business Relationship Management and Risk Management.
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Markets Interested: Technology, Digital, Food Investments: Invilogic, Silly Monks, Ittisa, Dogsee Chew, and more.
Sreenivasa, the Chairman and MD of Ektha (a technology solutions provider company) is a prominent investor and mentor for startups. He is an alum of BITS Pilani, and by the virtue of his vast experiences, he helps startups in their journey of growth and development.
Markets Interested: Biometrics, Technology, IT, Gaming Investments: SETU Software Systems, InCights, Fortuity Infotech, and more.
He is the founder and Ex-COO of T-Hub, Hyderabad. He is an active and keen angel investor, thereby helping various Indian Startups via funding and mentorship. He has gained over 25 years of experience in product strategy, product management and business development, but according to him, His true passion lies in helping startups scale and to build thriving communities around entrepreneurship. He entails a deeper insight into the global and Indian startup ecosystem.
Markets Interested: Manufacturing, Infrastructure, and FMCG Investments: Cookifie, Flatpebble, Tattva, Wow! Momo, and more.
Abhinav is the owner of GAR Corporation Pvt Ltd, a leading commercial real estate asset creation company. He is an active member of the Indian Angel Network and also the Hyderabad Angels Venture. He is the partner at StartupXseed Ventures, thereby has immense experience in the field of investments and finance.
He completed his Bachelor of Science, Finance, Marketing from Weatherhead School of Management, and OPM from Harvard Business School.
Markets Interested: Edtech, Technology, IT Investments: EngineersHub, BikeShed and more.
Vineel Reddy Pindi, the Founder, and CEO of Collab House (a co-working space provider) has a keen interest in the field of angel investing. He was a core member of TEDxHyderabad.
Markets Interested: Technology and Retail Investments: MARUT Drones, Varaha Studio, and more.
Kiran Darisi is the Co-Founder & VP of Engineering at Freshworks. Prior to Freshworks he worked in Zoho Corporation and Accenture Technology Solutions. He has keen interest in investments. He is an angel investor in multiple startups and also guides entrepreneurs as technical mentor. He is also part of multiple Venture Capital funds.
This was our list of Angel Investors in Hyderabad. If you are an investor, connect with us at shubham@startuptalky.com to get featured in the list.
An angel investor (also knownas a private investor, seed investor or angel funder) is a high net worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company.
How to get Investors in India?
Get Investors In India:-
Create a profile on Angel List.
Prepare a record of Investors to share your ideas with.
Brush up your networking skills.
Have a classy intro.
Tell them why they should invest in your startup.
How much do angel investors invest in India?
The range can be anywhere from Rs. 5 lacs to 2 Crores depending upon the financial risk capacity of the individual.
India has a humongous food industry, the sixth largest in the world. Retail startups account for about 70% of the total sales in this segment. According to reports, the food and retail market will be worth $ 828.92 billion by 2020. The food-tech industry is growing rapidly with the emergence and development of verticals like food and grocery delivery, personal chefs, box delivery, and on-demand meals; these are becoming popular day by day. There is a confluence of many successful foodtech-based startups currently operational in India along with several upcoming and promising ones. In this post, we have listed some of the most successful food-tech startups in India.
Zomato | Food Delivery App | Food Chain Startups in India
Zomato is a Gurgaon-based online and mobile app platform for restaurant discovery, ordering, pick-up, and table booking. Zomato was founded by Deepinder Goyal and Pankaj Chaddah in 2008. It is an Indian restaurant- search and discovery service that lets you search from over a million restaurants across the globe and currently operates in 24 countries. The app and website also provide information and reviews of restaurants while allowing users to upload images of the menu items they order as well as the outletâs pictures.
Zomato also launched a white-label platform where restaurants can create their own apps with customized features and integrate with Zomato’s ‘order and analytical’ support. It also did surprisingly well during the pandemic. The startup has raised a funding of about $673 million from investors such as Glade Brook Capital, Ant Financial, and VY Capital among others.
Location
Gurgaon
Total Funding
$673 Mn
Investors
Sequoia Capital, Temasek Holdings, Glade Brook Capital Partners, Shunwei Capital, Vy Capital, Info Edge, Delivery Hero, Neeraj Arora, Ant Financial, Alipay Singapore, Saturn Shine
Swiggy
Founders: Sriharsha Majety, Nandan Reddy, and Rahul Jaimini
Founded in: 2014
Swiggy | Food Delivery App | Food Chain Startups in India
Swiggy is a Bangalore-based food ordering and delivery venture that provides food services solutions for restaurants.Swiggy was founded by the trio of Sriharsha Majety, Nandan Reddy, and Rahul Jaimini in 2014. Vishal Bhatia is the CEO of Swiggy. They are known to deliver food and desserts from restaurants to its customers in under 40 minutes. The companyâs smartphone-equipped delivery personnel provide deliveries to customers through an app that runs on routing algorithms. Customers can also track their orders in real-time. When Swiggy began, it offered free deliveries. Today, Swiggy charges its customers Rs. 30 (average) for a delivery but also provides free delivery on huge orders.
Swiggy currently has more than 5000 employees and operates in eight Indian cities; it has more than 9000 restaurants on its platform. The startup has raised a funding of $1.47 billion from investors such as Naspers, DST Global, and Tencent among others. It aims to stand out by offering a curated list of restaurants and services and has an in-house delivery fleet to pick up orders from restaurants for delivery.
FreshMenu | Food Delivery App | Food Startups in India
FreshMenu is a Bangalore-based restaurantthat works on the concept of cloud kitchen and a go-to for neighborhood food delivery.Itoffers freshly prepared food from cuisines such as oriental, continental, Italian, Mughlai and others. The startup offers a menuthat changes daily and delivers freshly prepared meals at the customerâs doorstep in just 45 minutes. It operates through kitchens spread across the city and owns a delivery fleet.
FreshMenuâs meals are crafted with the finest ingredients comprising farm fresh vegetables, fresh dairy, and meat products. It serves about 12000 orders on a daily basis and its average ticket size is INR 320. The startup was founded by Rashmi Daga who is also the CEO of FreshMenu. The startup has raised $24 million in funds from investors such as Lightspeed Venture Partners and GrowthStory Investments.
Faasos | Food Delivery App | Food Startups in India
Faasos Food Services Pvt. Ltd. is a Pune-based âfood on demandâ startup. Faasos was founded by Jaydeep Barman and Kallol Banerjee in 2011. It is an online food ordering platform that currently operates in 16 Indian cities and takes customer orders on its mobile app and website. Faasos has an operational model wherein it aggregates different restaurant chains and individual restaurants to deliver a large variety of dishes. It has succeeded in striking a balance between scalability and sustainability.
Faasos services around 18000 orders on a daily basis. The company owns brands like Behrouz Biriyani, Ovenstory, and Kettle & Eggs. It has raised a funding of $80 million from names like Alteria Capital, Sistema Asia Capital, Evolvence India, etc.
Location
Pune
Total Funding
$75 Mn
Investors
Temasek, Goldman Sachs, Falcon Edge and Canadian Pension Plan Investment Board, Lightbox Ventures II, Lightbox Expansion Fund, Sequoia Capital India, ru-Net South Asia, and RB Investments
Box8 | Type: Restaurant Chain | Food Startups in Mumbai
Box8 is a Mumbai-basedIndian quick service restaurant chain. Box8 provides users an online platform to browse through various product menus and place order(s) for home delivery. The app is available on iOS and Android platforms.
The startup has raised $12 million which it utilizes to build technology, expand the team, deepen market penetration, and build a seamless customer experience across its mobile and website platforms. It currently operates in Mumbai, Pune, Bangalore, & Gurgaon. The investor list includes names like Trifecta Capital, Mayfield, IIFL Wealth Management,Seed Venture Fund, and 42 others.
HungerBox | Type: Food Business Solution | Food Startups in India
HungerBox is a B2B food-tech startup founded by Sandipan Mitra in 2007. The startup is a full-stack B2B and F&B (food and beverage) technology venture and delivers food solutions for corporate clients. It currently serves over 100 clients across India and continues to delight them every day with its services.
HungerBox is revolutionizing office food and cafeteria management with the help of the best caterers in the city and through the best in class technology, infrastructure, and robust operational processes without compromising on food quality and food safety. The startup aims to enhance the productivity of food companies (restaurants, delivery startups, etc.) by providing them a technology-based system so that the focus is only on food.
Location
Bangalore
Total Funding
$7 Mn
Investors
Neoplux, Sabre Partners, Kris Gopalakrishnan, LionRock Capital
Curefit | Healthy Food Startup | Food Startup in India
Cure.fit is based out of Bangalore and was founded in 2016 by Mukesh Bansal. Mukesh is also the co-founder of Myntra. Cure.fit is an Indianhealth and fitness venture that offers digital and offline experiences across fitness, nutrition, and mental well-being. It wants to make fitness fun and easy. Cure.fit focuses on preventive healthcare space and enables users to proactively manage their health through various offerings.
Cure.fit provides fresh and tailor-made salads under the brand Eat.fit. It also home delivers fresh and homely food low in carb, high in protein, and includes lots of green vegetables. The focus is on healthy food spanning across Indian cuisine, fusion food, salads, and snacks. Cure.fit has raised $170 million from Kalaari Capital, Aceel Partners, and Oaktree Capital Management among others. Hrithik Roshan is Cure.fit’s brand ambassador.
Location
Bangalore
Founded
2016
Total Funding
$294.6 Mn
Investors
Accel Partners, IDG Ventures USA, Kalaari Capital, Accel, IDG Ventures, Unilever Ventures, Oaktree Capital Management, InnoVen Capital, Kotak Mahindra Bank, Chiratae Ventures, Epiq Capital, Pratithi Investment Trust, Anand Piramal Trust
Magicpin | Coupon Website | Food Startups in India
MagicPin is a coupons website. It provides rewards and cashback to diners. The company was founded in 2015 by Anshoo Sharma and Brij Bhushan. MagicPin has its presence in 16 Indian cities like Delhi, Hyderabad, Chennai, and Pune. With 1.4 million users, the platform drives Rs. 30 crores of monthly sales for partner food and beverage (F&B) chains that include KFC and Hard Rock CafĂŠ. MagicPin is also exploring two other segments: groceries and beauty & wellness.
Diners can earn cashback if they dine in a restaurant partnered with MagicPin by uploading a photo of the bill along with a selfie with the dish. To increase user engagement, MagicPin uses data from check-ins, recommendations, and reviews in a live feed-style timeline interface. The platform also provides promotional service to restaurants for posting surveys and advertisements.
Location
Gurugram
Founded
2015
Total Funding
$30 Mn
Investors
Lightspeed Venture Partners, Vy Capital, Knollwood Investment Advisory, Google Launchpad Accelerator, Sequoia Capital India
Swadhika Foods | Food Processing Startups in India
Swadhika Foods is an Indian food processing startup headquartered in Chennai. It is a leading supplier and exporter of premium quality frozen IQF fruits and vegetables, and frozen ready to eat/cook foods. Swadhika Foods is accredited to APEDA, USFDA, FSSAI, ISO, BRC, and HACCP to ensure reliability and meeting international food safety standards. Swadhika Foods has a network with the best partners to ensure reliable source, produce, and product.
With people inclining towards better lifestyle, the food-tech industry is booming and evolving at the same time. In the next few years, one can expect drastic change and increase in the number of food-tech companies in India. Do comment if you know about any awesome food-tech startup in India that deserves to be on this list.
Frequently Asked Questions – FAQs
How do you start a food startup?
First and foremost you’ll need to make a solid business plan which will include doing a thourough research in the field! Find out everything you can about your competitors. Then you’ll need to ensure you have enough funds to start off with and sustain yourself for the first couple of months. If it a food tech business you’ll need to build an app or if its a restaurant then you’ll need to secure a location and furnish it. Next you’ll need to get all the licences and permits necessary. Hire a team or choose a logistics partner and get advertising your business! Good Luck!
What food can I make and sell from home?
Food that takes times to perish are the best options. You can make jams, sauces, tea mixes, Cake mixes, cookie mixes and alike will last longer so you will have less food wastage in the long run.
What are some famous food tech startups in India?
You cannot mention food tech startups in India without talking about Zomato and Swiggy. Some other ones are Faasos, Box8, Magicpin, HungerBox to name a few.
From waking up in the morning to going to bed at night, every aspect of our life revolves around numerous brands. From your toothbrush to your salt shaker, we are surrounded by products from different brands; in short, we can’t live without them. Would you like to know some fun facts about the brands that you hear about every day? People and products have a unique tale to tell. Every brand’s backstory is filled with facts one cannot miss!
Through this article, we list out some interesting facts about brands that will leave you in awe for sure. Let’s dive right into them.
40 Jaw-Dropping Brand Facts
Reliance Jio has become India’s most dominant telecom player. It enjoys immense popularity among households and there is at least one person in the family with a Jio connection. Ever wondered about the meaning behind Jio? The word Jio is a mirror image of the word Oil!
Meaning behind Jio Logo
2. We all have purchased something from Amazon some time or the other but rarely do we pay attention to its logo; that curved arrow from A to Z is there for a reason. Well, itâs to tell everyone that Amazon sells A-to-Z products, i.e., items from almost every product category.
Amazon Logo
3. The Facebook color scheme is set to blue because Mark Zuckerberg suffers from red-green color blindness.
4. Candy Crush is one of the most downloaded games today. People obsess over unlocking the next level in Candy Crush. Did you know that Candy Crush brings in more than $633,000 in revenue every day? One’s obsession becomes someone else’s income.
5.Google was initially called BackRub. The research project Sergey Brin and Larry Page undertook at Stanford University was termed BackRub but in 1997, they renamed their search engine to Google because it was a play on the mathematical expression for the number 1 followed by 100 zeros.
6.Pepsi got its name from pepsin, the digestive enzyme. The name Pepsi was chosen because Caleb Bradham, the inventor of the famous drink, believed that his drink was a ‘healthy’ cola that helped with digestion.
7. The retina scan technology of your Apple product is not made by Apple but manufactured by Samsung.
8. To make a perfect pint of Guinness, pour it at an inclination of 45 degrees for 119.5 seconds precisely.
9. The sports brand Nike was named after the Greek goddesses of victory.
10. The word LEGO is formed from the Danish word âLeg Godtâ which means ‘play well’ in English. In Latin, it means âputting togetherâ.
11. The famous mobile behemoth Nokia started its journey as a wood mill in the Nokia city of Finland. The brand then entered into the rubber products segment. These Interesting Facts About Nokia Will Surprise You!
12. The name VOLKSWAGEN means âPeoples Carâ in German.
13. The actor who played the role of ‘Marlboroman’ in the advertisements for Marlboro cigarettes died due to lung cancer, something predictable.
14. The siren logo of STARBUCKS is used to indulge people in the seductive character of the coffee.
Starbucks Logo
15. The key ingredient behind the popular ABSOLUT VODKA is two pounds of winter wheat. Winter wheat is used because of its high starch content. Also, the plant is very sturdy and does not require the use of pesticides and fertilizers. ABSOLUT VODKA does not contain any genetically modified ingredients.
16. The Guinness book of world Records has declared Tupperware as one of the greatest inventions of the 20th century.
17. The McDonald’s outlet near Buckingham place is owned by the Queen of England, so bow before eating your burger there!
18. Napoleon’s wife hired a person namedLOUIS VUITTON to make box covers and pack her luggage.
19. Google hired a camel called ‘Raffia’ to create a street view of the Liwa desert in the UAE.
20. Be careful when you converse with Siri since Apple analyses each statement before processing it.
21. 300 hours of videos are uploaded to YouTube every minute. No wonder you never run out of new content to watch on YouTube.
27. The original name of Amazon was âCadabaraâ but was changed soon due to pronunciation issues.
28. Coca-Cola has around 3500 beverages and 500 products under its catalog.
29. eBay has 25 million sellers and 157 million registered buyers. The number keeps increasing every second. Click here to know more of eBay’s interesting & unknown facts.
30. Five IBM employees have won the Nobel prize for their excellent performance in the field of technology to date.
31. BEN & JERRY, famous for its ice-creams, originally planned to be a bagels company.
32. The original name of the famous toy BARBIE is Barbara Millicent Roberts.
33. McDonaldâs feeds more than 68 million people every day. This figure outnumbers the United Kingdom’s population.
34. ‘Mercedes‘ is named after Mercedes Jellinek, the daughter of businessman Emil Jellinek who bought Daimler vehicles (the parent company of Mercedes).
35. The nameAdobe came from the river Adobe Creek that ran behind the house of Adobe Systems Inc’s co-founder John Warnock.
36. Burj Khalifa is the tallest building in the world and has been constructed by Samsung.
37. Starbucks has added an average of two stores daily since 1987.
38. Levi Strauss was an aristocrat. He didnât wear his brand of denim pants because they were meant for the labor class.
39. In 1999 Netflix started offering subscription-based DVD service. Even now around 2.7 Million people subscribe to Netflixâs DVD service. Know more about Netflix’s interesting facts here.
40. LinkedIn has an overall of 675 million users from all over the world, while 310 million of them are monthly active users. 38.6% of the LinkedIn traffic comes from the countries like the US with 38.6% and India with 16.8%. These Facts and Statistics will help you optimize LinkedIn better.
We hope you enjoyed reading these facts. If you know any interesting facts about a famous company or are aware of some amazing backstory behind a popular brand/organization, do comment.
In the world of e-commerce, eBay is one of the most trusted names, everyone believes. The American multinational e-commerce company, founded in 1995 is eBay. It is located in San Jose, California. This multinational e-commerce giant was founded by the half Iranian and half American computer programmer, named Pierre Omidyar. He launched the company on September 3, 1995.
And later with the hard work and eminent success, it became a notable success story. Before knowing some surprising facts about eBay, let’s have a look at its highlights.
However, everyone might be aware of this giant e-commerce site, but a few are only the ones who know some interesting facts about eBay. So, these are some interesting and exciting facts about eBay.
Ebay – It all started in 1995
As they say, everything starts from one point only, it also happened with eBay. eBay was established on 3rd September 1995, as the dream project of a 28-year-old computer programmer. That 28-year-old guy, named Pierre Omidyar. It was when he was working aside his normal job, on an online auction website, for fun. But while designing code for the website, he noticed it started getting great traffic and then he decided to launch it as a business. Later it got renamed eBay.
Surprising Facts about eBay
Ebay – It is the Britishâs Favorite
Across the whole world, eBay is used in innumerable ways. But it’s the UK where they find this e-commerce site much more interesting. In a survey, it was claimed that around 19 million Brits use it in their day-to-day life. It may be about selling old items, or about buying new products. They prefer to eBay the most for their beneficiaries.
Ebay – First Product sold was a Broken Printer
Every first thing holds its credit. And, like always it is remembered for. The first thing that got sold on eBay was a broken laser printer. For testing purposes, the company owner himself thought of selling the broken laser printer laying around his house. At first, for the first week, it didnât sell, with a base price of 1 dollar. But during the second week, it got sold for a bidding price of 14.83 dollars.
Ebay – Started with a Yellow Interface
Not everyone would have noticed, but it was a dark and glaring yellow color background used for the interface. It was during the starting days, and it was the original design. But eventually, it changed with time and became white. But later on, with the complaints of the customers, it again got changed to its previous color. But the company changed the color of the interface slowly and subtly with time, which the customers didnât notice.
Ebay – First thing sold in the UK
As it is mentioned, the British use eBay a lot. And the first item sold in the UK was a Compact Disc. This product was of a German rock band by The Scorpions. Although it was not the original piece, it was a copy of their previous release named âYou & Iâ. This album was released in 1996.
Ebay – A Feedback Score of 1 Million
On November 13, 2008, Jack Sheng became the first person among the multiple ones, to get 1 million feedbacks. It was after 8 years of selling that he achieved this height. Considering the hard work and success, eBay also organized a special shooting star icon. And, then Jack managed to double the number only within 18 months.
Ebay – NASA Bought Machinery
It may sound a little weird and unbelievable, but yes, Nasa even used eBay. The one thing that fascinated Nasa was, one can find everything and anything on eBay. Hence, when they needed some second-hand machinery replacement products, they turned to eBay. And, within no time they got fruitful results.
Ebay – The Most Expensive item sold is a Yacht
Most Expensive Yacht sold on Ebay
A 405 foot, which is 123.4 meters, superyacht designed by Frank Mulder, was the most expensive item sold on eBay. It got sold for a whopping amount of 170 million dollars. Before this, some other items also reached millions, but never got this big. The lucky winner of this bid was a Russian billionaire named, Roman Abramovich.
Ebay – The Naming
At first, it was not the name eBay for this giant multinational company. Well, it may sound a little strange, but this is the truth. Auction Web was the first name given to this site. But later the founder decided to change the name, hence he opted for the name Echo Bay, but this name was already taken. Hence, he shortened it and settled for eBay.
Ebay – A Town for Sale
Bridgeville town for sale on Ebay
Interestingly, a town named Bridgeville, addressed at California, was auctioned for sale, twice on this commercial site. In 2002, it almost got sold for 1.77 million dollars, while the buyer backed out at the last minute. But again in 2006, it was finally sold for an amount of 7 million dollars. The landowner got a profit of three cattle, eight houses, and a minor post office.
Ebay – Some Crazy Items Sold
This is one of the coolest facts about eBay that it sells literally everything one can ever want. Some crazy items ever sold on eBay include a grilled cheese sandwich portrait which was believed to be of the Virgin Mary. It also includes the hair of Justin Bieber and Willian Shatnerâs kidney stone.
Ebay – A Hat for a Special Cause
Princess Beatrice hat
To raise funds for UNICEF and children suffering in crises, eBay auctioned the special hat worn by Princess Beatrice. And, positively it also summed up a total amount of 80000 Euros. Then, the price was submitted for further well-being.
Ebay – Discovered a New Life
It is a little strange and unbelievable, but a new life was discovered on eBay. In the year 2006, when someone posted something in the form of a rare sea urchin. The natural history museum noticed this strange and undiscovered species. And later it was named Coelopleurus Exquistius.
Ebay – No limit to sale at once
To date, it is still unclear how many items can be posted at a time. But for the record, it is 800 million, collectively. The simplest selling process and the easily accessible interface make it one of the most used e-commerce sites for a reason.
Ebay – An Auctioneerâs Paradise
As mentioned earlier, it is the auction process that fascinates a lot about eBay. The bidding wars can be performed by anyone and at any point of time, with just a finger-tip, comforting on the couch. Hence, this would always remain as the virtual auctioneerâs paradise.
Conclusion
Hence, it is the convenience and the satisfaction of the customers which has made the company so successful and popular over years. Therefore, one must obviously drop an eye whenever he or she gets some spare time on this site. And find out what this virtual auction house contains in its store.
FAQs
When was eBay established?
eBay was established on 3rd September 1995.
What was the first item sold in the UK?
The first item sold by eBay in the UK was a Compact Disc.
What is the earlier name of eBay?
The earlier name of eBay is Auction Web.
What is special about eBay?
eBay allows to list new or used items for auction fora very low fee. This is the uniqueness of eBay.
Why is it called eBay?
It is called so after the name Echo Bay Technology Group, Omidyar’s consulting firm.
You might be wondering, which countries are known to have the highest number of unicorns around? Well, answering simple, countries in Europe have been known to have these numbers rising more by each year. Startups are majorly recognised by their valuation. And, in Europe, around 10 new unicorns have been recognised in the year 2020.
Likewise, many more startups are on their way to join the billion dollars valuation list. Over the past years, the startups around Europe have grown in a wide number. And among these, many have made their way to the unicorn list of Europe.
According to the database of 2021, many funding deals, M&A and IPOs are recorded to the mint condition of unicorns in Europe by the rising numbers. And many startups that reached the 1 billion valuation were found.
That’s why we have made things quite easy for you and brought the list of unicorns in Europe. Stay tuned!
Global Switch is known to be the most valuable unicorn in Europe that regulates the data centres in Asia and Europe. By the year 2018, the company’s 25% stake worth $2.8 Billion, was sold to some consortium investors. This brought the company with the help of its expansion plans.
Klarna
Klarna Website
The very prominent company offering online payment services, Klarna, has recently made a great number of acquisitions. These have been recorded as the purchase of cart and checkout browser expansion Shop.co and then, its Germany based expenditure company Billpay worth $75 Million. Klarna is a very well established unicorn of Sweden, Europe.
Revolut
Revoult Website
The fastest and the broadest growing digital banking company, Revolut is known widely across Europe. Revolut has broadly expanded its business from a mere travel currency card company to a well-established full-time range of digital banking services.
Revolut has quite a tough competition with the N26 and it’s moving all the way out to beat its competitors.
Hopin
Hopin Website
Hopin is a very well known Virtual events platform in Europe that made its fastest way towards the list of unicorns; within 8 months of its launch. And, by the end of 2020, it became the fastest-growing company in Europe.
The well-established biopharmaceutical company works with the usage of mRNA for various medical purposes but, most importantly for the development of vaccines. CureVac is a unicorn established in Germany worth $1.7 billion.
Nucom Group
NuCom Group Website
The Germany-based startup, Nucom Group holds a portfolio of consumer & lifestyle brands. This also includes the Parship, Eharmony, Amoreli and Falconi.
Nucom Group has a valuation of $2.2 billion with the prominent investment by General Atlantic, which holds around 30% of the company’s stake.
Monzo
Monzo Website
Monzo is a startup established in the United Kingdom as a challenger bank. The valuation of Monzo is estimated at $2.5 billion. Monzo has raised a $144 million series F from its potential investors such as Stripe, Accel, Y Combinator and General Catalyst.
Greensill
Greensill is a supply chain finance company that carries the position of the third party between the solid suppliers and the businesses. They offer early supplier payment and business funding. Greensill has the investments of General Atlantic, SoftBank Group and many others.
Bolt
Bolt Website
The leading transportation platform, Bolt is one of the European developing companies. Bolt was initially launched as Taxify which was an environmental influence fund along with a âŹ10 million seed capital. It took the initiative of manufacturing such products that suit the global science and environmental advantages.
With all means, Bolt now operates around 13,000 electrical Scooters and bikes.
Shift Technology
The company with a valuation of $1 billion, Shift Technology is known to be Europe’s largest insurance funding round which raised to $220 million Series D within a week. Shift Technology is a France based company that aimed the expansion of its casualty insurance market and its property along with health security.
Shift Technology gained its unicorn status in May 2021 with total funding of âŹ289 million.
Epidemic Sound
Epidemic Sound was launched in 2009 but, recently, in march 2021, it found its way to the unicorn list of Europe. It was raised with equity from fhe EQT Group and Blackstone, worth $450 million. Moreover, it also has its alignment with the Kichi Invest, SEB, Creandum and DS Asset Management.
Epidemic Sound holds a valuation of âŹ1.3 billion.
AtoM Bank is the first-ever app bank in the United Kingdom. It provides the offering of a wide range of personal and business banking products in a mobile banking application which can be protected by the voice of face lock. Atom Bank gained its unicorn status in 2018 when it raised $514 million and extended its valuation of $1.25 billion.
Auto1 Group
Auto1 Group is a European company that provides a marketplace where you can conveniently sell or buy a car. It’s a platform that connects the buyers and sellers to crack a potential deal.
In the January of 2018, Auto1 Group received an investment worth âŹ460 million from Softbank which led its way to the unicorn list.
Darktrace
Darktrace is a billion dollars tech company that works against cybercrime through machine learning and artificial intelligence that helps it to detect the assailant through its Enterprise Immune System. In May 2018, the country gained a valuation of $1.25 billion and made its way to the unicorn list.
Dfinity
Dfinity is a well-established company in Switzerland. It is a software company that designs to host the next level of services and technology through blockchain, decentralised networking.
Dfinity was founded in 2015 and now, it aimed to develop the “Internet Computer”, prominently.
Conclusion
There are plenty of unicorns in the region of Europe and many are on their way to gain the status of one. Unicorns contribute an enormous role in the globalization of VC as well as the economy. Among the countries of Europe, Israel has the most number of unicorns, followed by the United Kingdom and Germany in line.
Through this article, you would know some of the fastest-growing and developing unicorns of Europe.
FAQ
How many unicorns are there in Europe?
There are approximately 70 unicorns in Europe as of 2021.
How many unicorns are there in the world?
There are around 700 unicorns in the world as of July, 2021.
Which country has the most number of unicorns?
United States tops the list of most number of unicorns with 288 unicorns.
Shubham Kumar
