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  • Top 15 Startups in Israel to watch out for in 2021

    Israel is one of the brightest startup hubs around the world. When we think about technology or startups, our minds venture to the Silicon Valley of North Carolina, the cradle of some of the major world’s startups like Facebook and Apple. However, what many are not familiar with is the fact that Israel is also counted among the world’s top startup hubs.

    It has a high level of entrepreneurship and numerous great, innovative minds. According to the recent records, Israel has more than 3p technical companies whose round off is over $1 Billion.

    As per facts, Israel has the highest number of startups per capita across the world. Furthermore, Israel provides all kinds of facilities required for the beginning of startups such as investors, accelerators, incubators, funding, and every other resource. With its systematic outlines and resources, Israel has become an enormous startup hub.

    Israel has won several expansions and acknowledgment for its incredible growth over fintech, cybersecurity, and artificial intelligence. Since the year 2017, Israel has been raised to 17% in the net value and proceeds. In this article, we present you with some of the top startups available in Israel that are proven to be an absolute success. Let’s get started.

    Prospera Technologies
    Waze
    Tailor Brands
    Guesty
    Perimeter 81
    Tomorrow.io
    OrCam
    Intuition Robotics
    MyHeritage
    Fiverr
    Flytrex
    Brayola
    Cato Networks
    Gong.io
    AccessiBe
    FAQ

    Prospera Technologies

    Founder – Daniel Koppel, Raviv Itzhaky, Shimon Shpiz

    Founding year – 2014

    Annual revenue – $9.6 million

    Prospera Website
    Prospera Website

    The very prominent agricultural technical based startup, Prospera Technologies, work together with artificial intelligence and substantial data. It analyzes and studies its customer’s farming data to improve and optimise the greenhouse production system and digital farming methods.

    Prospera Technologies also works to improve the quality of row crops with varying irrigation levels and further steps to automatize the management of crops.

    Waze

    Founder – Ehud Shabtai, Amir Shinar, and Uri Levine

    Founding year – 2008

    Annual revenue – $37.7 million

    Waze Website
    Waze Website

    The GPS navigation app Waze was an Israeli startup when it was acquired by Google in a whopping 1.1 billion dollars deal in 2013, one of the biggest Google acquisitions. Waze didn’t receive much appreciation in the beginning, but it ultimately found its way to success. People didn’t even consider Israel for building a consumer brand that would thrive. However, Waze proved its ability, and now it leads several other brands for this purpose.

    Tailor Brands

    Founder – Nadav Shatz, Tom Lahat, Yali Saar

    Founding year – 2014

    Annual revenue – $52.7 million

    Tailor Brands Website
    Tailor Brands Website

    The very distinguished in-demand service, Tailor Brands is an automated logo and branding-based startup. It aims to support small businesses with their branding needs and offers tailor-made branding and logo design services to fulfill them.

    Tailor Brands is famous as the world’s first AI-powered branding and logo design platform, which also leverages other cutting-edge technologies like Big data.

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    Guesty

    Founder – Amaid Soto & Koby Soto

    Founding year – 2013

    Annual revenue – $34.8 million

    Guesty Website
    Guesty Website

    Guesty, the well-known company for property management simplifies the aspects of the basic requirements of these companies. It works by offering certain deals and solutions that are necessarily required for short term rental businesses.

    It has scored pretty well in the market and has raised more than $25 million and ready to reach more heights with its developing strategies and funding through appropriate sources.

    Perimeter 81

    Founder – Amit Bareket, Sagi Gidali

    Founding year – 2018

    Annual revenue – $24.7 million

    Perimeter 81 Website
    Perimeter 81 Website

    The promising technology-based startup, Perimeter 81 strives to improve the network security for its customers. The company offers a range of services to its customers that helps them easily access their network with added Cloud security, mainly for the network environments, on-site resources, and different SaaS applications.

    Perimeter 81 believes in the modernization of the networks. Furthermore, it also concentrates on making connectivity a secure option for smooth and easy corporate access through several VPN features.

    Tomorrow.io

    Founder – Shimon Elkabetz, Rei Goffer and Itai Zlotnik

    Founding year – 2016

    Annual revenue – $31.7 million

    ClimaCell or Tomorrow.io, the name which the Israeli startup was rebranded in April 2021, is a Weather Intelligence Platform founded in Israel in 2016. The startup, which now has its headquarters in Boston, Massachusetts, United States, is based on weather technology that works by blending data from the Weather-of-Things with the help of the cutting-edge technologies of the present. This data is extracted from different sources such as connected automobiles, cell towers, and methods of traditional weather data.

    Tomorrow.io looks after plenty of companies of different genres such as industries of sports, aviation, logistics, drones, construction, energy, and many more. The report from Tomorrow.io ensures improved operations, minimum risk of weather-induced disasters, and maintaining safety around the workplaces. Tomorrow.io has always been well-known for its work and is counted among the leading startups.

    OrCam

    Founder – Prof. Amnon Shashua and Mr. Ziv Aviram

    Founding Year – 2010

    Annual Revenue – $10 million

    The very prominent startup, OrCam is built by the same person who developed Mobileye (driver visual assistance startup based in Jerusalem). OrCam works with the technology to help visually impaired or blind people. It invented a wearable device, MyEye 2.0, which provides audio for blind people, which enables them to perform independently. OrCam is a unique and promising startup that always results in bringing innovative products and services, capable of ushering a benevolent future guided by technology.

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    Intuition Robotics

    Founders – Dor Skuler, Itai Mendelsohn, Roy Amir

    Founding Year – 2015

    Annual Revenue – $12.5 million

    Intuition Robotics Website
    Intuition Robotics Website

    Intuition Robotics is a Raman Gan-based company that looks after the development of social tech companies to enrich the lives of older people. Intuition Robotics is widely known for ElliQ, a part-table computer, and part-robot, designed to empower senior citizens and let them not feel lonely. The friendly table robot suggests interesting digital and physical activities to the elderly people and urges them to take part in them in order to stay active and engaged with their friends, family, and with life overall. Intuition Robotics works with the brightest and most innovative minds on several missions and projects and leaves a great impact on society.

    MyHeritage

    Founder – Gilad Japhet

    Founding Year – 2003

    Annual Revenue – $133 million

    MyHeritage is a famous online ancestry platform that provides you with the facility to upload photos, create family trees and search historical documents. It was founded by an entrepreneur and genealogist Gilad Japhet in 2003. He began his career from a small room in Bnei Atarot, a rural moshav. MyHeritage is a self-funded startup and was widely recognised, which is why it was acquired by the leading private equity firm, Francisco Partners in February 24, 2021.

    Fiverr

    Founder – Micha Kaufman and Shai Wininger

    Founding Year – 2010

    Annual Revenue – $189.51 million

    Fiverr Website
    Fiverr Website

    One of the biggest freelance service marketplaces in the world made for entrepreneurs Fiverr provides freelance employment to many entrepreneurs at varying rates across the globe. Fiverr is now used by around 850,000 freelancers and 5.5 million businesses across 160 countries. The company has its headquarters in Tel Aviv-Yafo, Israel, and has already witnessed a global expansion, always gearing up for more.

    Flytrex

    Founders – Amit Regev, Yariv Bash

    Founding year – 2013

    Annual revenue – $2.06 million

    Flytrex Website
    Flytrex Website

    The very prominent Tel Aviv-based startup, Flytrex is an on-demand delivery service provider that leverages the power of drones to fuel its deliveries.

    Flytrex helps its customers deliver food and other goods and parcels of various kinds without any hassles. With the unique concept of the aerial route, the company extends great service to the customers and also saves their time per delivery. It has been really amazing with its job and garnered huge appreciation and accolades from the customers.

    Brayola

    Founder – Jon Medved

    Founding year – 2013

    Annual revenue – $2.2 million

    Brayola is an online lingerie retailer-based startup founded by Orit Hashay, the serial entrepreneur who founded Israel’s second most popular wedding services review site, Mit4Mit, and Ramkol, which are known for their great services to the customers. The company helps its customers discover bras that fit them better. The bra analyzer and extractor used by Brayola helps in the identification of bras based on size, style, color, price, materials, purpose, quality, and attributes. Therefore, now women around the world can shop from a wide range of bras that need no altering and/or resizing.

    Cato Networks

    Founders – Gur Shatz, Shlomo Kramer

    Founding Year – 2015

    Annual Revenue – Around $50 million

    Cato Networks Ltd is a Tel Aviv-based cloud computing and information security startup. The company helps its customers avail of the highly-secure, cloud-based SD-WAN, which is integrated to its security platform embedded into a cloud-native service. With its significant offerings, Cato Networks seamlessly connects business locations, individuals, with the data it collects. As a result of this, Cato helps businesses improve their network performance, cut costs, enhance the security of their internet connections, and integrate their mobile users into the WAN along with the cloud data.

    Gong.io

    Founders – Amit Bendov, Eilon Reshef

    Founding Year – 2015

    Annual Revenue – $120 million

    The AI-powered software startup, Gong, started in 2015 in Israel and eventually expanded to the US, where the company has now established its headquarters. The company uses its cloud-based AI platform to help the sales teams of other companies to record conversations automatically and get written transcripts of the records. Empowered with advanced AI technologies, Gong is a boon to the sales teams of now.

    AccessiBe

    Founders – Dekel Skoop, Gal Vizel, Shir Ekerling

    Founding Year – 2018

    Annual Revenue – $5.5 million

    AccessiBe is one unique startup from Israel. Founded in 2018, the Tel Aviv-based startup aims to make the internet a navigable place for the persons with disabilities. The contextual AI that the company leverages, helps them to scan the web pages in much the same way as a non-disabled person would, which would then be converted in an easy and readable format to the user’s screen reader for those with visual impairments. Furthermore, the UI offered by AccessiBe will help those with visual impairments to adjust the UI of websites that they frequently visit. All of these would thus be perfectly suited to their needs.

    Conclusion

    Israel has been nurturing a world of promising startups. Many of these companies are business-to-consumer startups, which are relatively innovative and bring in a whole range of possibilities for the customers. This is because Israel procures a community to support and offers proper infrastructure and other facilities required for the growth of these startups. Furthermore, it also supports the passion and innovative minds of the people who brainstorm and found startups. Besides, it also provides FB groups for the entrepreneurs and investors of business-to-consumers companies and more.

    Israel is a hub of some of the most innovative minds of the generation, propelled by proper support and facilities, thereby helping them grow successfully and with great results. This StartupTalky article has covered the top startups of Israel that have garnered success from all parts of the world.

    FAQ

    Is Israel great place for startups?

    Yes, Israel is a great country for startups. It has the largest number of startups per capita in the world.

    How many startups are there in Israel?

    There are around 6000 active startups in Israel.

    How many unicorns are there in Israel?

    There are over 65 unicorns already in Israel so far in 2021.

  • How Pepsi Became The World’s 6th Largest and Powerful Military

    Your favorite carbonated sugary beverage and 6th largest military in the world? What? It sounds pretty unusual. Doesn’t it? It all started in 1959 with the then Soviet leader Nikita Khrushchev going gaga over a cup of Pepsi offered to him by the Vice President of the Pepsi company Donald Kendall as a marketing tactic. And after decades, this resulted in the Soviet Union’s trading Pepsi Company military equipment in exchange for huge stock of the sugary beverage worth $3 billion. It made Pepsi the sixth largest military in the world. Now it’s believable, isn’t it? But what led the Soviet leader to taste a sip of Pepsi?

    How did Pepsi catch the attention of the Soviet Leader?
    How was Currency Issue resolved?
    The Soviet-Afghan War
    Pepsi acquires a military status
    Conclusion
    FAQs

    How Pepsi Became The World’s 6th Largest and Powerful Military

    How did Pepsi catch the attention of the Soviet Leader?

    American President Dwight Eisenhower and Pepsi
    American President Dwight Eisenhower and Pepsi

    In 1959, American President Dwight Eisenhower wanted to spread and display the American culture and the powers and blessings of capitalism to the entire Soviet Union. So on the 24th of July, 1959, the American Government arranged the American National Exhibition in Sokolniki Park in Moscow. This exhibition was an attempt to display American art, culture, fashion, and futuristic technologies. This way, it was also a method of promoting its products. The then-American Vice President Richard Nixon and Nikita Khrushchev, the leader of the communist Soviet Union, attended the function.

    At the opening ceremony, a heated argument took place between Nixon and Khrushchev about capitalism and communism. It came to be known as the very famous Kitchen Debates. This event became a matchstick to light the sparks of the cold war between the U.S. and the Soviet Union. To cool things down and as a guerilla marketing gimmick, the Vice President of the Pepsi Company, Donald Kendall, stepped in and offered Khrushchev a cup of the thirst-quenching sugary goodness.

    The taste of the refreshing beverage took the leader aback. So, he wanted to make a deal when the introduction of soda to the Soviet Union would be carried out. This argument was a carefully contrived plan put in execution by Kendall and Nixon to publicize Pepsi soda and make the Soviet leader drink it. The night before the exhibition, Kendall had a conversation with Nixon about staging an argument regarding whether he could use that opportunity to promote his company’s product and get it popular among the Soviet nations. It was a brilliant marketing gimmick that resulted in the widespread popularity of soda among the people of the USSR. That is how Pepsico stepped into this new market and was the first-ever western product to be introduced in the eastern bloc.

    After decades of discussions and negotiations, deal finalization took place between capitalist America and the communist USSR But, the Soviet money was useless outside the Soviet Union and was not a recognized currency during those times. The value of the currency was under the domination of the Kremlin.

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    –

    How was Currency Issue solved?

    The business was decided to be conducted in an old-fashioned way following the barter system. Pepsi agreed to carry out business through the barter system by accepting a universal currency- Vodka! This deal proved beneficial for both parties as to the government-owned vodka. It was available in huge quantities. This way, it also made way for Pepsi, a non-alcoholic beverage set its foot into the alcohol industry as the sole importer of vodka into the States. Pepsi soda became a barter for Stolichnaya vodka, which became extremely popular in the States. In 1972, the establishment of the first Pepsi bottling plant was in Russia.

    The business between Pepsi and the Soviet Union was booming. As a result, the palate of the Soviets had already made Pepsi their favorite carbonated drink. The demand for soda rose exceptionally in the Soviet Union. By the second half of the 1980s, the  Soviets per year had consumed consumption of billion servings. In 1988, Pepsi became the first company to have received the payment for making a television commercial in the USSR. One such iconic commercial even starred the king of pop, Michael Jackson. More and more people started consuming delicious carbonated drinks. As a result, the demands were even increasing. Pepsi had, by now, about 20 bottling plants in the Soviet Union to keep pace with the ever-rising demand.

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    –

    The Soviet-Afghan War

    1. The Soviet Union attacked and invaded Afghanistan in 1979 and started a war that continued for ten long years (1979-1989).
    2. The Soviet-Afghan War turned America cold and bitter towards the USSR, and the Americans started discarding and boycotting Soviet products, including the Stolichnaya vodka.
    3. Its sales dropped extensively in America. Seeing this, Pepsi no longer wanted to supply its product to the USSR in exchange for vodka. The economic and political conditions in the USSR during that time were grim and not so pleasant.
    4. But the Soviet Union was desperate to hold on to the deal and continue the import of Pepsi. They started thinking about how they would cover the total cost of $3 billion required to buy the stock of Pepsi soda.
    5. After the cold war, the USSR had accumulated a vast amount of military equipment. So, they decided to forgo 17 submarines, a cruiser, a destroyer, a frigate, and some oil tankers and merchant ships in exchange for the $3 billion worth of Pepsi. It had no other option than to accept the deal because Pepsi did not want to suffer losses and lose the Soviet market.

    Pepsi acquires a military status

    It became a historical event that made Pepsi the sixth largest military in the world, during that time with all its newly acquired military equipment. But all this military equipment was in poor condition, making Pepsi not prepared for any war or battle. So, it was useless. The submarines were damaged and covered with rust. They needed immediate repairing. The ships were not in good condition. Also, the American government was not very supportive of the fact, that a beverage company was the sixth-largest military in the world. Puzzled with the thoughts of keeping this useless military equipment, Pepsi navy sold all of them to a Swedish scrap recycling company to cover the cost of their soda shipment to the Soviet Union.

    Conclusion

    It was a very brief and short-lived moment for the Pepsi company but a very historical one. However, the USSR disintegrated in 1991, which gave rise to 15 different countries. And it became difficult for Pepsi to conduct business with so many countries instead of one, like before. Seeing this, Pepsi’s rival Coca-Cola swooped right in and entered the beverage market. Pepsi’s sales started dropping. It lost its number one spot in Russia. As a result, Coca-Cola emerged as a replacement.
    Which gets us to think what would have happened if the Pepsi navy still had the military equipment instead of selling them? Would it have waged a war against Coca-Cola?

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    –

    FAQs

    When was Pepsi the 6th largest military?

    In 1989 Pepsi got the 6th largest military in the world.

    Did Pepsi own submarines?

    Pepsi owned 17 submarines, one frigate, one cruiser, and one destroyer in 1989.

    How did Pepsi have the 6th largest military?

    In 1989, Pepsi and the Soviet Union signed a remarkable deal. The Russians gave Pepsi 17 submarines, one frigate, one cruiser, and one destroyer for $3 Billion worth of Pepsi. This made Pepsi the sixth largest military in the world.

  • Puma Brand: Top 5 Lesser known Facts you might not know about

    With sales being announced every now and then, Puma has been growing in popularity as well as reliability. Not just the quality quotient, but also the brand value has made Puma one of the most renowned sports athleisure brands in the world.

    The online, as well as the offline market, has been flourishing for more than seven decades now. Originally, the license was obtained for producing textiles and footwear only. The brand grew through leaps and bounds to include apparel, accessories, and sports equipment in the catalog.

    Puma’s Journey Till Now
    Top 5 Little Known Facts About Puma
    FAQ

    Puma’s Journey Till Now

    The incorporation of Puma was heavily disputed. The actual company, that is, Dassler Brothers Shoe Factory split in 1948 into Puma and Adidas. Both the brothers took hold of one brand each.

    As a listed company, Puma came to be known in the year 1986 under Frankfurt Stock Exchange. In 2017, the employment count exceeded 13,000 (spread across 120 countries).

    In 2019, Puma’s revenue touched the milestone of 5.5 billion Euros. It is shared between Artemis and Kering for 29 and 16 percent respectively. The current CEO of Puma is Bjorn Gulden. He is a Norwegian experiences man, who was appointed eight years ago, in 2013. There is a well-knit advisory board as well, to ensure the best performance.

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    Top 5 Little Known Facts About Puma

    Puma Logo
    Puma Logo

    It came into existence way back in 1967. Though a lot of brands believe in using updated logos, Puma has stuck to the same for decades at a stretch.

    The name designated for the same is “Jumping Puma Cat” (implies agility, strength, endurance, and peace). It might be surprising that to know that there is a 20-year gap between the company’s birth and the logo’s incorporation.

    The Puma Yacht

    Puma Yacht in Ocean Race
    Puma Yacht in Ocean Race

    Yes, you heard it right. Puma is known for indulging in unique activities. In order to maintain the legacy, the brand came up with a sailing yacht for itself. It is not just for endorsements, neither is it a marketing gimmick. The yacht represents Puma in yacht races around the globe, furthering the competitive spirit in every possible way.

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    Pele and Puma

    Pele and Puma
    Pele and Puma

    The association of Puma with sports stars has also been incredible. Did you know that the legendary soccer player Pele wore Puma while participating in most of the victorious world cups? This lesser-known fact about this extraordinary brand is true to its core. The tally of world cups won by the tournament’s (second one) best player is capped at a whopping three World Cup championships.

    Firsts: Technology Used by Puma

    Puma Vulcanization Technique
    Puma Vulcanization Technique

    The advanced vulcanization production technique is considered to be the brainchild of Puma as this brand was the first in the world to apply the same to the shoe-making industry. The process is simple – the shoe sole is bonded with the shoe shaft for better grip. It is also worth mentioning that Puma sponsored 1 FC Herzogenaurach football team as its sponsoring debut in 1948 itself.

    Puma’s Ferrari Contract

    Puma F1 Ferrari Contract
    Puma F1 Ferrari Contract

    Now, what association does Puma have with Ferrari? It has something to do with sponsorship, like other leads controlled by Puma. The renowned Formula One team Scuderia Ferrari has Puma as its official supplier. Not only this, the contract signed between them will last for years, leading to a deeper friendship. The related endorsements are countless.

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    FAQ

    Which companies are the strong competitors of Puma?

    Adidas is known to be one of the strongest rivals. Other sports athleisure brands like Nike also provide tough competition. Though the brands have their own unique consumer family, numerous comparisons are published from time to time. Puma is best known for its sports products and branded accessories, including clothes and sports gear.

    What is the etymology of the Puma brand?

    Puma was initially known as Ruda since the owner was Rudolf Dassler. This was the case when Adidas was not known as a separate entity. It is interesting to know that Adidas has also been derived from the owner’s (brother) name Adolf Dassler.

    Is Puma’s customer care support reliable?

    Yes. Puma has stood by its consumers during the pandemic as well. The supply chain was also modified to help out all the new and old customers. The online market, as well as multi-level marketing supply chains, served the purpose well.

    Where are Puma headquarters situated?

    The headquarters of Puma is situated in Southern Germany. Since the incorporation took place there, Puma has had deep associations with the German city and it is also considered the “home town”.

  • List of Brands Endorsed by Ajinkya Rahane

    Having a sportsperson or a cricketer as a brand ambassador is a formula that many companies and organizations use in order to build a strong brand identity and reach out to their target audience. One of the upcoming Indian cricketers in the advertising world is Ajinkya Rahane, who is currently the Vice-captain of the Indian cricket team in test cricket.

    Ajinkya Madhukar Rahane is a middle order batsman who has played all forms of cricket and currently represents Mumbai in domestic cricket and Delhi Capitals in Indian Premier League (IPL). The cricketer made his debut in first class cricket in 2007 to 2008 Ranji Trophy and his International debut in 2011 in a Twenty20 International against England. Whereas his test debut was in the 2013 Border Gavaskar Trophy.

    Rahane went on to become the country’s most accomplished batsman overseas throughout India’s away season during 2013 to 2014. He also performed well during the 2015 World Cup especially when he helped the team win over South Africa in a World Cup match for the first time. When it comes to IPL, Ajinkya started out in Mumbai Indians but then achieved success for Rajasthan Royals up until 2016. In the 2019, Rahane was brought by the Delhi Capital team and has been performing well for the team.

    One of the most notable performance by Ajinkya Rahane was when India defeated Australia in Gabba under his captaincy and won the Border Gavaskar Trophy in 2021. The net worth of Ajinkya Rahane is estimated to be $9 million in 2021. While he is known to charge over Rs. 20 to Rs. 30 lakhs per brand endorsements deals. Some of the brands endorsed by Ajinkya Rahane are Boost, CEAT, NeoGrowth, Games24x7, ELSA Corp, Hudle etc.

    Here are the List of brands endorsed by Ajinkya Rahane

    Boost
    CEAT
    Neogrowth
    Games24x7
    ELSA Corp
    Hudle
    Frequently Asked Questions

    Boost

    Boost is one of India’s leading nutritional beverages brand that is owned by Unilever. Boost was originally launched in 1975 and is clinically proved to increase stamina up to three times more. This malt-based chocolate drink is targeted especially towards people who need a beverage that provides extra nutrition to fill gaps in their meals or for the people who have lost their appetite, growing children etc.

    The drink is available Chocolate flavour and ‘Ready to Sip’ pack and continues to be a favourite health food drink in the market. The brand was also promoted by many Indian cricketers such as Rishabh Pant, Shreyas Iyer, Kapil Dev, Sachin Tendulkar, Virender Sehwag to Mahendra Singh Dhoni, Virat Kohli, etc. Boost signed Ajinkya Rahane as its brand ambassador in 2021.

    Boost has also had their iconic tagline of “Boost is a secret of my energy” in all its ads with the cricketers. Commenting on the association Rahane said that, he was trilled to be a part of boost as he has grown up with it. He also added every kid needs a little push to deal with challenges, and he is honoured to play that role.

    CEAT

    CEAT is a leading multinational tyre company that is owned by RPG Group. It is a one of the most well-known tyre manufacturing company, that makes tyres for passenger cars, cycles, SUVs, scooter, bikes, trucks and buses, earth movers, fork lifters, tractors, trailers, and even autorickshaws, etc. Besides that, CEAT has sponsored strategic-timeout for IPL from 2015 till 2018.

    The company was initially founded by Virginio Bruni Tedeschi in 1924, collaborated with the Tata group, but was acquired by RPG Group in the 1990s. CEAT has chosen many cricketers like Rohit Sharma, Mayank Agarwal, Shreyas Iyer as its brand ambassador during Indian Premier League seasons.

    In 2016, the company has signed a 4-year long bat endorsement deal with Ajinkya Rahane. Since Rahane plays various forms of cricket and is well known for playing test series overseas, the company’s logo will prominently donned in the bats used by the cricketer. The company also added that, Rahane’s performance on the field represents the values that CEAT believes in.

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    Neogrowth

    Neogrowth is a pioneer company in the sector of SME lending in India. The company helps businesses grow by providing them business loans and creating a social impact. Neogrowth provides unsecured business loans up to Rs. 75 lakhs. So far, the company is known to have helped SMEs in 70 different sectors and has a presence in 27 markets.

    The company is known to have disbursed more than Rs 6,200 crore in loans to over Rs. 29,500 clients. Neogrowth signed Ajinkya Rahane as its brand ambassadors in 2021, while the deal is said to be for a year. The cricketer has also appeared in their ad campaign with the tagline of “Keeping it simple”.

    The ad showcases Rahane explaining the ease at which small companies can access loans through NeoGrowth. The aim of the ad campaign is to bring attention to the problems faced by small business, help them find solutions to their challenges and by providing them loans.

    Games24x7

    Games24x7 is an online gaming company that is known for their skill games (such as RummyCircle and My11Circle) and other casual games like Ultimate Games. The company was founded by Bhavin Pandya and Trivikraman Thampy in 2006 and currently has its offices in Mumbai, Bengaluru, Kiev, Philadelphia, and even Miami.

    Games24x7 specializes in the sectors of behavioral science, latest technology and AI and has come up with unique games for all platforms. RummyCircle is one of the Games24x7 games that is known to the largest online rummy platform in the country. The company signed Ajinkya Rahane as its brand ambassadors in 2021 for My11Circle which is a fantasy sports platform.

    Cricketers such as Sourav Ganguly, Shane Watson, Rashid Khan, and VVS Laxman have also endorsed the brand. The new campaign that features Ajinkya Rahane will be a tribute to the cricket lovers in India. Commenting on the association Saroj Panigrahi, the Vice President of My11Circle said that, With Rahane’s help the company will continue to providing awesome game playing experiences to fantasy sports enthusiasts.

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    Priyanka chopra is a actress and a global celebrity that is known to charge over Rs 5 crore for per endorsements. Here are the brands endorsed by Priyanka.
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    ELSA Corp

    ELSA (English Language Speech Assistant) Corp is an upcoming EdTech startup that provides services like A.I. assistant for pronunciation training and accent reduction. The company was founded Vu Van and Xavier Anguera and has its headquarters in San Francisco, California.

    The company aims to help everyone speak foreign languages with confidence which can enable people to get better career opportunities. The company is known for their flagship product known as ELSA speak which is personal virtual pronunciation coach. So far, it has over 10 million people from 101 different countries. The EdTech company signed Ajinkya Rahane as its brand ambassador in 2020.

    With the help of the cricketer in their advertisements, the company wants to popularize the ELSA Speak among the Indians who might want to better their English Pronunciation. In an interview, Manit Parikh the Country head of India ELSA Corp said that Ajinkya Rahane was chosen as he was the perfect embodiment of the ‘ELSA way of life’ and that why he is the best fit for the company.

    Hudle

    Hudle is a digital platform made for sports enthusiasts, as it allows people discover and book tickets for more than 300 sports venues, sports events and even tournaments on its app. The company was founded by Suhail Narain in 2015 and has its headquarters based in New Delhi.

    This sports startup’s main motive is to bring people closer to the favourite sport by organising customized sports events and workshops for corporates. It also allows its users to connect with other players through games and leagues, or even learn a sport by joining its play session. The company signed Ajinkya Rahane as its brand ambassador and advisor of the brand in 2020.

    The company is the face of the brand and also guides the team with his strategic inputs through his experience in professional sport. Commenting on their association, Suhail Narain the Founder and CEO of Hudle said that, with Rahane on board the company will be able to identify and unlock new opportunities as a strategic partner.

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    Conclusion

    Ajinkya Rahane is one of the most valuable cricketers of the Indian cricket team especially for international cricket. Ajinkya Rahane is known for being one of the best fielders, his old-school batting technique and for having the ability to adapt to the pitch and weather conditions overseas.

    When it comes to being a brand endorser Rahane has chosen brands that are similar to his ideals and that have social impact. This is why Ajinkya Rahane will be seen endorsing more brands in the future.

    Frequently Asked Questions

    Who is Ajinkya Rahane?

    Ajinkya Madhukar Rahane is a middle order batsman who has played all forms of cricket and currently represents Mumbai in domestic cricket and Delhi Capitals in Indian Premier League (IPL).

    What is the net worth of Ajinkya Rahane?

    The net worth of Ajinkya Rahane is estimated to be $9 million as of 2021.

    What are the brands endorsed by Ajinkya Rahane?

    Some of the brands endorsed by Ajinkya Rahane are Boost, CEAT, NeoGrowth, Games24x7, ELSA Corp, Hudle etc.

    How much does Ajinkya Rahane charge for brand endorsements?

    Ajinkya Rahane is known to charge over Rs. 20 to Rs. 30 lakhs per brand endorsements deals.

  • List of Brand Endorsed by Gigi Hadid

    Gigi Hadid is currently one of the top models who has walked numerous runways for the biggest designers and is in demand in the advertising world. Gigi Hadid (born as Jelena Noura Hadid) is a A-list American model who has achieved success by appearing on many international fashion magazines covers over the years. She has won many awards such as British Fashion Awards’ International Model of the Year and Daily Front Row’s Model of the Year.

    In 2014, Gigi made her modelling debut in the 50 models ranking at Models.com. She hails from a family full of models as both her siblings Bella Hadid, Anwar Hadid and their mother Yolanda Hadid are top models and celebrities.

    The supermodel has walked for Fashion designers like March Jacobs, Chanel, Michael Kors, Jean Paul Gaultier, Versace, Elie Saab, Fendi, Mark Jacobs, Fenty, Tommy Hilfiger, Giambattista Valli, Balmain, Miu Miu, Max Mara, etc. And has appeared on the covers of fashion magazines such as Vogue (USA, France, Italy, Britain, Japan, Spain, Australia, Brazil, Germany, China and even Netherlands), Schön!, Numéro, Allure, Teen Vogue,  The Wall Street Journal, Elle, Dazed and Harper’s Bazaar , among others.

    Gigi Hadid has done editorial shoots for magazine including VMAN, Elle, Grazia, Cleo, Sports Illustrated, Paper Magazine, Vanity Fair, V Magazine and many more.

    Another achievement in her modeling career is that she has walked for Victoria’s Secret Fashion Shows over three times. According to Forbes, Gigi Hadid is currently one of the highest-paid models in the world and has even hosted the American Music Awards. The model has appeared in shows like Housewives of Beverly Hills, Masterchef, Lip Sync Battle, Ru Pauls Drag Race, and music videos of artists such as Taylor Swift, Zayn Malik, DNCE, Calvin Harris, etc.

    Gigi Hadid has estimated net worth of $29 million, which has increased exponentially in the recent years. Gigi is one of the top influencers on social media due to her massive fan following and is known to charge brands over $125,000-$300,000 per post for endorsements. She has endorsed brands such as Maybelline, Tommy Hilfiger, Stuart Weitzman, Messika, Moshino, BMW, Reebok, Michael Kors, Vogue Eyewear, etc.

    Maybelline
    Tommy Hilfiger
    Messika
    Moshino
    BMW
    Reebok
    Michael Kors
    Vogue Eyewear
    Frequently Asked Questions

    Here are the List of brands endorsed by Gigi Hadid

    Maybelline

    Maybelline is a popular American multinational cosmetics company that manufactures cosmetics, skin care, fragrance and personal care products. The company has its headquarters in New York and is a subsidiary of the cosmetic major L’Oreal since 1996. Maybelline was initially founded by Thomas Lyle Williams in 1915 and is currently available in over 129 countries around the world.

    This globally known cosmetics brand offers over 200 products and combines technologically advanced formulas in order to create affordable for young generation. Maybelline signed Gigi Hadid as its brand ambassador in 2015, the model has since then been the face of the brand and appeared in multiple ad campaigns.

    The model even made a collaboration #GigixMaybelline with the brand which included a makeup palette named jetsetter. This collection was Maybelline’s first premium offering, with a higher price point, upscale packaging, but it still became an instant hit as it contained many basic make up items into one palette like eyeshadow, concealer, blush, bronzer, highlighter, mascara and lip balm.

    Tommy Hilfiger

    Tommy Hilfiger is a leader in making premium clothing with its headquarters based in Amsterdam, Netherlands. The company manufactures apparel, footwear, accessories and home furnishings and is currently has more than 2000 stores in over 100 countries. The company was started by Tommy Hilfiger in 1985 and was acquired by PVH Corp in 2010.

    Over the years Tommy Hilfiger has delivered premium styling and quality to become one of the world’s most recognized lifestyle brands. Since 1985, The brand has been a pioneer of creating the classic style that was inspired by iconic pop culture and American heritage. Which is why the tommy Hilfiger also collaborated with Gigi Hadid to create a collection for autumn 2016.

    The collection included sportwear, shoes, accessories, a new fragrance for women and combined her unique style with the more classic signature Hilfiger touch. The model also became the brand ambassador for the brand the same year and has been featured on its fashion shows and ad campaigns for the brand. Commenting on the collaboration, the iconic designer said that Gigi is the definition of todays tommy girl as her personality is magnetic and optimistic along with her style which is confident, effortless and cool.

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    Messika

    Messika is a popular French Jeweler that was started by Valérie Messika daughter of the famous diamond merchant André Messika. The company has its headquarters in Paris, France and stands by its core values of enhancing the diamond, pushing the boundaries and to striving continuously for excellence.

    Messika was started in 2005 and currently present in 55 countries, including Russia and in the Middle East, with over 400 points of sale. Gigi Hadid was signed as the brand first brand ambassador. The model collaborated with Messika to create the Move Addiction capsule collection which features 12-pieces of jewellery.

    The price range for this collection for Rings start at around $980 and the high-end range, made up of four pieces, includes a $60,000 choker. Commenting on the collab with Gigi, Valérie Messika said that, she loved working with Gigi as her sense of detail and her discerning eye for fashion completely won her over. She also added that the model was the embodiment of the Messika woman as she is always spontaneous, sunny and bright.

    Moshino

    Moshino is a renowned Luxury fashion brand that has its headquarters based in Milan, Italy. The company was founded in 1983 by Franco Moshino and is currently known for its leather accessories, shoes, luggage and fragrances. The brand became known for its wide range of premium quality products that are innovative, colorful and youthful. The current creative director of Moshino is Jeremy Scott.

    The sisters Gig Hadid and Bella Hadid were signed as endorsers for Moshino spring 2017 multimedia ad campaigns. The campaign shows the siblings wearing a selection from the brand’s new collection which included long gowns, leather, logos and accessory print surrounded by photographers who wore black showing the contrast in colors and designs. The sister have also featured together campaigns for brands like Anna Sui, Chanel, Fendi, Fenty x Puma, Marc Jacobs, Max Mara, Michael Kors, Miu Miu, Versace and Victoria’s Secret.

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    BMW

    BMW also known as Bayerische Motoren Worke, is a pioneer and a leader in manufacturing luxury vehicles and motorcycles. The German multinational company has a history of more than 100 years as it was founded in 1916 with aircraft engines, followed by motorcycles and finally automobiles.  By 2017, BMW became the world 14th largest producer of motor vehicles with 2,279,503 vehicles produced.

    The company also has a history in touring cars, Formula 1, and sports cars. As of now, the BMW Group has over 31 production and assembly facilities in 15 countries. BMW signed Gigi Hadid as its endorser in 2016 as was featured in its first digital campaign for the BMW M2 Coupe. The campaign was called “Eyes on Gigi” and showcases the supermodel in a one-shot stunt.

    Commenting on why they choose the model, Uwe Dreher, head of International Brand Communications BMW said that, Gigi and the M2 are the perfect match as they both have strong personalities with fascinating charisma. While Gigi said that being the face of the campaign was definitely a career highlight for her.

    Reebok

    Reebok is a globally famed clothing and footwear and the subsidiary of a sporting goods major Adidas. The company was founded by J.W Foster and sons in 1895 in Bolton, England. The company is known for its products for fitness, running and CrossFit sportwear. Reebok has its headquarters in Boston with regional offices in Amsterdam, Montreal, Hong Kong, and Mexico City.

    The brand has also collaborated with many other sports related companies to produce fitness equipment and workouts. In 2018, Reebok signed Gigi Hadid as their brand ambassador. As a part of this deal the supermodel collaborated with the brand to create a collection of sportwear and footwear known as Future Nostalgia.

    This Reebok x Gigi Hadid collection was created after the model had delved into the Reebok archive to revisit key classics of the 1980s and 1990s with new colors and shapes for an updated look. Gigi was also featured in Reebok’s Always Classic Collection wearing a classic Reebok shoes.

    Michael Kors

    Michael Kors is another popular luxury fashion brand that was founded by the fashion designer Michael Kors in 1981. The company is said to have an annual revenue of over $4 billion and it known for its jewellery, fragrances and footwear. Michael Kors currently has over 1,299 stores and more than 17,700 thousand employees around the world.

    In a survey done,  Michael Kors was revealed to the third most preferred watch brand amongst upper-income teens in the United States, following Rolex and Apple.

    In 2019, the brand signed Gigi Hadid as its brand ambassador, the model was featured in its ad campaign for its fragrance called Wonderlust. In the campaign Gigi Hadid and Mikeal Kors can be seen having fun in the exotic island of Turks and Caicos. According to Michael Kors, Gigi Hadid has all qualities one requires in a travel partner, making her the perfect face for the fragrance.

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    Vogue Eyewear

    Vogue Eyewear is upcoming eyewear company that was acquired by Luxottica in 1990. The company offers a wide variety eyewear collection which reflects the dominant fashion trends at an affordable price. In 2017, Vogue Eyewear signed Gigi Hadid as its brand ambassador, since then the model has been featured in the brand’s ad campaigns.

    Gigi Hadid also made a collaboration with the brand, the collection included three styles of glasses available in six different colors. In an interview, Vogue described the collection as a take on retro-chic shapes, luminous colors and essential details which give a 90s vibe. This collection was limited and available only on Sunglasses Hut with the starting price being $139.95 each. Hadid also added that she will continue to model and design for the brand.

    Conclusion

    Gigi Hadid began her modelling career when she was barely 2 years old, now she is one of the top super models in the industry. The model is known to be globally relevant as she has a vast social media following as she has over 68 million followers on Instagram and more than 10.3 followers on Twitter.

    Gigi is also one of the highest performing spokesmodels on social media and a global Influencers. This is why Gigi Hadid is rapidly becoming a favorite for campaigns, editorials and covers.

    Frequently Asked Questions

    Who is Gigi Hadid?

    Gigi Hadid is a A-list American Super Model who has achieved success by appearing on many international fashion magazines covers and walking for numerous fashion brands over the years.

    What is the net worth of Gigi Hadid?

    The net worth of Gigi Hadid is estimated to be over $29 million in 2021.

    What are the brands endorsed by Gigi Hadid?

    She has endorsed brands such as Maybelline, Tommy Hilfiger, Stuart Weitzman, Messika, Moshino, BMW, Reebok, Penshoppe, Fendi, Michael Kors, Vogue Eyewear, etc.

    How much does Gigi Hadid charge for brand endorsements?

    Gigi Hadid is known to charge brands over $125,000-$300,000 per post for endorsements.

  • List of Brands Endorsed By Kylie Jenner

    Working with media personalities like Kylie Jenner as their Brand Ambassadors must be like a dream come to for many companies. Kylie Jenner is a socialite, model, businesswoman, founder, and owner of Kylie Cosmetics. Kylie first came into the limelight when she starred in the family-based Reality TV show named Keeping up with Kardashian at the age of 14.

    Despite hailing from a famed family, she has managed to become a business mogul of a cosmetics company that sold more than $630 million worth of makeup in just two years from its launch. Since 2017, Kylie has been the youngest person to appear on the list of Forbes Celebrity 100. She has starred in various spin-offs including her own show called Life of Kylie in 2017.

    Kylie was also credited by the New York Post for being the most influential celebrity in the fashion industry in 2018. The Jenner sisters co-authored a dystopian science fiction novel named Rebels: City of Indra – The story of Lex and Livia which was said to be loved by their fans but disapproved by critics. The celebrity has appeared in the music videos of artists such as Jaden Smith, PartyNextDoor, Justine Skye, Cardi B, Justin Beiber, etc.

    The beauty entrepreneur has graced the covers of magazines such as Vogue (Hong Kong, Czechoslovakia), Playboy, Glamour, Forbes, Paper, Wonderland, Fault, Seventeen, Harper’s Bazaar, Elle, LOVE, Teen Vogue, Grazia, Allure, GQ, etc. According to Forbes, Kylie became “the youngest self-made billionaire of all time” in 2019. The Net worth of Kylie Jenner is estimated to be more than $1 Billion as of 2021. She is known to charge over $1.2 million for a single endorsements post on Instagram, as she is the fifth most followed person on Instagram.

    Being one of the most influential people on Instagram, Kylie is mostly seen endorsing luxury fashion and beauty brands. As per a report by Forbes, Kylie is known to have earned over 20% of her $18 million earned by endorsing Pacsun and Puma in 2016.  Some of the brands endorsed by Kylie Jenner are Pacsun, Puma, Kylie Cosmetics, Skims, Adidas, Calvin Klein, Kendall x Kylie, Beats x Balmain, Nip + Fabs, etc.

    Here are the brand endorsed by Kylie Jenner

    Kylie Cosmetics
    Puma
    Adidas
    Calvin Klein
    Beats x Balmain
    Skims
    FAQ

    Kylie Cosmetics

    Kylie Cosmetics is one of the leading cosmetics brands in the world. The billion-dollar company was first started by Kylie Jenner and her mother Kris Jenner when launched a lip kit under the Seed Company. After the product sold out, Kylie decided to start her own cosmetics company known as Kylie Cosmetics.

    In 2019 Kylie sold over 51% stakes to Coty Inc for $600 million. The Beauty mogul has collaborated with all her sisters (Kim Kardashian, Kourtney Kardashian, Khloe Kardashian, and Kendall Jenner) and her mother Kris Jenner to make a Makeup collection.

    After the success of the brand, Kylie then branched out in the skin-care market with Kylie Skin. According to the WWD Beauty Inc’s Top 100 list, Kylie Cosmetics was ranked 73 with an estimated $360 million in sales in 2018. WWD also reported that Kylie Cosmetics generated over $200 million in sales, with Kylie skin contributing $25 million. Kylie Jenner has been at the forefront of its ad campaigns that sometimes also feature her sisters.

    Puma

    Puma is the third-largest sportswear manufacturers in the world. The German multinational company is known for its casual and athletic footwear, apparel, and accessories.

    Puma was initially founded by Rudolf Dassler in 1948 and has its headquarters based in Herzogenaurach, Germany. Both Puma and Adidas were created after the sibling rivalry that took place between Rudolf and his brother Adolf Dassler in 1924. As of 2017, Puma is said to have more than 13,000 employees worldwide and is available in over 120 countries.

    In 2016, Puma signed Kylie Jenner with a partnership deal that includes an exclusive sneaker collaboration. Kylie created a line of footwear with the brand and which worked on the website design, e-commerce infrastructure, logo, and product design.

    Kanye West (founder of Yeezy that is under Adidas) took to social media to denounce the deal saying that the entire Kardashian family is “Team Adidas”, but the partnership went on to becoming official. Kylie was also featured in the brand’s Spring/Summer women’s training campaign that launched in April 2016.

    Adidas

    Adidas is the second-largest sportswear manufacturer in the world and is known worldwide for its iconic three-stripes logo. In 1949, following a breakdown in the relationship between the brothers, Adolf created Adidas, and Rudolf founded Puma. Both the companies have their headquarters in Herzogenaurach, Germany. Little did they know that few years down the lane and the companies would be among the top sportswear companies in the world. The company is known to have generated over €21.915 billion in revenue in 2018.

    Adidas Group comprises of Reebok, Bayern Munchen, and Runtastic, while Yeezy’s line of footwear and clothing is in conjunction with Adidas. And since Kanye is the co-founder of Yeezys, the Kardashian- Jenner clan supports Adidas. This is why Kylie Jenner dropped the Pumas deal and became the new face of Adidas Falcon sneaker in 2018.

    The reality TV star was featured across a series of ad campaigns whose style demonstrated strong reference to the 90’s period. The company statement on the campaign said that “As a life-long fan of the brand, Kylie embodies the bold spirit of Falcon and the company is pleased to announce her as the face of the campaign.’

    Calvin Klein

    Calvin Klein is a leading fashion house that has its headquarters in Manhattan, New York City. The company was founded by the renowned designed Calvin Klein in 1968, the brand is currently specialized in Leather, lifestyle accessories, home furnishings, perfumery, jewelry, watches, and ready-to-wear clothes.

    Calvin Klein has a strong foothold in both the retail market space as well as the Haute Couture. The company has over 11,500 employees worldwide and is available in 110 countries. In 2019, Calvin Klein sales exceeded $9 billion and were acquired by PVH Corp in 2003.

    In 2018, the brand signed not only Kylie Jenner but also her sisters Kendall Jenner, Kim Kardashian, Khloe Kardashian, and Kourtney Kardashian as the brand endorsers for Calvin Klein’s new family-oriented jeans and underwear campaigns.

    The #MyCalvins Campaign was shoot at different locations, barn settings, outfits and the focus on family unity is what drew the sisters to the idea. Commenting on the campaign Kourtney Kardashian said that, they definitely are a modern American family, and Calvin Klein embodies Americana.

    Beats x Balmain

    Balmain is an iconic French luxury fashion house that was founded by Pierre Balmain in 1945. While Beats by Dre is another major consumer audio products manufacturer. This is why two companies collaborate in creating a collection with Kylie as the brand endorser in 2017.

    The collection was made because of the love and appreciation for music and to celebrate today’s diverse, opinionated and innovative lovers of music and fashion. Olivier Rousteing the current creative director of Balmain said that He can’t differentiate between music and fashion and that collaboration happened completely naturally.

    The stylish and fashion-forward collection starts at the range of $599.95 for headphones and $249.95 for earbuds, which are available in the colors of safari and khaki. It was also ion was to be built on the theme of Urban Safari and the products are like works of art. Kylie Jenner was the face of the Collab and was the part of an ad campaign that showcases the Powerbeats 3 Wireless earbuds and Beats Studio Wireless over-ear headphones of the Balmain x Beats collection.

    Skims

    Skims is a solution-oriented brand that was started by Kim Kardashian in 2018. The brand is known for its range of underwear, loungewear, and shapewear. Kardashian West owns a majority stake in closely-held Skims, according to Forbes the shapewear company is worth $500 million. Kylie and the other sisters were a part of many skims multimedia ad campaigns.

    Conclusion

    Kylie Jenner is well known for being the youngest of the Kardashian-Jenner clan and for her role in Keeping up with the Kardashians. Kylie is currently one of the most influential people on social media and has a powerful personality in the makeup and fashion industry.

    Despite being a Beauty Mogul, Kylie has contributed and donated a lot towards charity and the needy. She currently has over 250 million followers on Instagram and 38.7 million followers on Twitter and is always in demand by major fashion labels. Kylie has so far done a great job of branding herself as a trendsetter and is constantly endorsing brands on Instagram.

    FAQ

    Who is Kylie Jenner?

    Kylie Jenner is a socialite, model, businesswoman, and founder of Kylie Cosmetics.

    What is the net worth of Kylie Jenner?

    The net worth of Kylie Jenner is estimated to be more than $1 Billion as of 2021.

    What are the brands endorsed by Kylie Jenner?

    Some of the brands endorsed by Kylie Jenner are Puma, Kylie Cosmetics, Skims, Adidas, Calvin Klein, Kendall x Kylie, Beats x Balmain, Nip + Fabs, etc.

    How much does Kylie Jenner charge for endorsements?

    She is known to charge over $1.2 million for a single endorsements post on Instagram, as she is the fifth most followed person on Instagram.

  • Surat Startups | Entrepreneurs and Startups In Surat [2021 Exhaustive List]

    Surat is the fourth cleanest city and textile hub of India. Although it is known for its massive textile industries in the city, it is also producing some great entrepreneurs and new startup companies to the market. Let’s see who the top 10 entrepreneurs in Surat are and some of the best Startups in Surat, a city in the state of businessmen, Gujarat.

    Before proceeding, if you know of any other startups in surat, please let us know in the comments. We will connect and feature them in the surat startup list.

    Responscity
    STAR
    HKC Concepts LLC
    Cerebroz Edutree
    ikoverk
    Drone Study
    Wishbook
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    Aumgene Biosciences
    Krossway
    Shilp Maitri Innovative Solution
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    Responscity

    Founder: Rushabh Shah

    Industry: Tech

    Year Founded: 2015

    Responscity Logo | Startups in Surat

    Responscity is a Smart City Technology Company, functioning in India. This surat startup aims to create innovative software and hardware solutions for City Management by understanding the community, designing a solution and finally engaging the stakeholders in implementing the solutions in the city.

    The company offers Digital House Identification (DHI) which is a Digital Infrastructure created by the integration of Hardware and Software enabling the city to become efficient, transparent and accountable.

    This surat based startup, was founded by Rushabh Shah, who is currently the CEO of the company. He founded Responscity in 2015. Before founding Responscity, this surat businessman was previously working as a Research Analyst for CNBC-TV18.

    STAR

    Founder: Sunny Kabrawala

    Industry: Space Technology

    Year Founded: 2015

    STAR | Startups in Surat

    STAR is a startup in Surat, that firmly believe that Space is for everyone and they realize their aim by building easy, economical, and efficient launch vehicles for small satellites. It is a research-based startup that has been appreciated by NASA for mission AXIS, won best paper presentation at ISRO, and was among the top 13 candidates of VIBRANT GUJARAT STARTUP GRAND CHALLENGE 2016.

    Honoured by Mr Shaun Moss in his book on INTERNATIONAL MARS RESEARCH STATION. STAR is a Surat based startup that provides a platform for students who want to design, build and launch sounding rockets and small satellites. It provides internship and hands-on experience of working on a High powered Rocket.

    HKC Concepts LLC

    Founder: Keyur Kukadia, Harsh Kukadia

    Industry: Mobile Accessories

    Year Founded: 2017

    HKC Concepts is known to be among the top startups in Surat, as they have designed the world’s first reversible Micro USB charging cable named “FLIPPY”. It can be plugged either way. USB 2.0 charger makes FLIPPY world’s first truly reversible Micro USB charging cable. It is among the best IT companies in Surat as it has revolutionized smartphone charging.

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    Cerebroz Edutree

    Founder: Sadaria Hiral

    Industry: Edtech

    Year Founded: 2017

    Cerebroz Edutree Logo | Startups in Surat

    Cerebroz Edutree is the first startup that replaces TV ads with educational content. This Surat startup has developed a device that can replace TV ads with K12 education includes academic, social, and General knowledge education.

    Cerebroz Edutree is the only startups in surat that has been offered an Incubation facility with Venture Studio, the Nodal agency of GOI for incubating and supporting innovative startups in the country. The response received from students and teachers was amazing.

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    ikoverk

    Founder: Snehal Shah, Hetvi Choksi, Nachiket Patel

    Industry: Co-working Space

    Year Founded: 2018

    ikoverk Logo | Startups in Surat

    iKoverk is a co-working space startup, where startups and freelancers can find a co-working space. According to Harvard research people working in co-working spaces are more efficient and creative than people working in offices. This startup in Surat is among the firsts to introduce the co-working space concept in the city.

    The aim of this Surat based startup is to provide shared working environment as one office where people indulge in independent activities. It is a membership-based company. With apt plans and packages for individuals as well as for teams, iKoVerk has something to offer everyone. iKoVerk is one of the new startups that want to revolutionize the way people perceive work.

    Drone Study

    Founder: Neetin Agarwal

    Industry: Edtech

    Year Founded: 2013

    Drone Study Logo | Startups in Surat

    Drone Study is an Educational Company located in Surat, Gujarat. This Surat based startup is fully focused on the Improvement of the quality of teaching with the efficient use of technology. It is just like another site for online courses, however, no e-learning site is the same as the other. Teaching is an art and every artist is unique.

    You will find great study material and there will be mentors to help you out. Mr Neetin Agarwal is the CEO and Founder of Drone Study Pvt. Ltd. This Surat businessman holds a BTech degree from IIT Madras. The company was initially founded in 2013 under his direction him.

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    Wishbook

    Founder: Arvind Saraf

    Industry: Marketplace

    Year Founded: 2015

    Wishbook Logo | Startups in Surat

    Wishbook is a B2B website and one of the most well known startups in surat. It provides products for wholesale purchasing easily. It offers digitization of fashion/apparel catalogue distribution & sales process. This digitized information, starting with their product catalogues for Fashion & Apparel companies, will allow easy sharing of new catalogue/product launches down the entire B2B distribution chain.

    It is also one of the top IT companies in Surat, as offers an open B2B marketplace, and take it to the existing marketplaces. People can also sell products wholesale on this platform. Wishbook was founded by a local entrepreneur named Arvind Saraf in 2015.

    The Surat startup has bagged the awards for “Most valuable fashion startup of the year” and “Best B2B e-Commerce of the year”. However, Wishbook is totally focused on the textile industry. The company started off as Triveni Labs, before taking this shape.

    Chintaless Nagrik

    Founder: Karnav Shah

    Industry: Legaltech

    Year Founded: 2012

    Chintaless Nagrik Logo | Startups in Surat

    Chintaless Nagrik was started with a great cause and the entrepreneurial spirit of the founder. It helps people with legal problems. You can even get some services for free. It is one of the best NGO in Surat, however, you will have to pay some bucks for other premium services. But you don’t have to worry a lot because they are available at a very affordable price.

    Chintaless Nagrik was founded in 2012 by Karnav Shah. Karnav is a local entrepreneur, as he is also the founder of StartupEntrepreneur.in & Reg.NGO JivanamAsteya.

    Foodsome

    Founder: Devang Parekh

    Industry: Foodtech

    Year Founded: 2014

    Foodsome was first started as an online portal to help users to know more about restaurants in their cities. Fodsome is top in the list of startup companies, because it helps people to save money on restaurants. People have to buy their subscription and the app provides a good discount on all the registered restaurants.

    Devang Parekh started working on Foodsome in 2013. He finally launched it in 2014 but only for Surat City. Foodsome’s service is now also available in Vadodra, Vapi-Daman and Navsari. Devang completed his engineering in 2008 and started working as a web developer for a company before founding Foodsome. The name of this Surat startup came into existence by combining “Food” and “Awesome”.

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    Aumgene Biosciences

    Founder: Anand Daga

    Industry: Biotech

    Year Founded: 2004

    Aumgene Logo | Startups in Surat

    Aumgene Bioscience is a leading startup in surat that takes the bioresearch contracts from other companies. It is a research-driven biotech startup based in Surat. It is involved in the manufacturing, development and marketing of different types of enzymes, probiotics, and Agribiotech. This Surat based startup is also one of the few biotech companies in India with R&D, Pilot and Production scale fermentation infrastructure under the same roof.

    Aumgene Bioscience was founded in the year 2004 by Anand Daga. Anand is now the Director of Aumgene Bioscience Pvt. Ltd and is known to be among the best Surat entrepreneurs. He did his MBA in Finance from the University of Washington. He holds his MS degree from the University of Maryland College Park.

    Krossway

    Founder: Chintan Choksi & Jay Shenmare

    Industry: Social Network

    Year Founded: 2017

    Krossways Logo | Startups in Surat

    Krossways is a complete social networking platform that combines the power of social planning with social sharing. This startup in Surat makes it easier to plan and share your social hangouts with friends or families through its unique social networking platform. When you plan to hang out with your friends on Krossways, your friend can narrow down the list of places you guys can peacefully hang out on.

    Although it is not a popular startup in the Surat startup list, it is still a good initiative. Chintan Choksi and Jay Shenmare are the founders of Krossways. Chintan Choksi is currently the CEO and Director of Product at Krossways.

    Shilp Maitri Innovative Solution

    Founder: Hardik Desai

    Industry: Tech

    SMIS Logo | Startups in Surat

    SMIS is a one of the top startups in Surat, as it deals with VR solutions. It is a platform that makes creating 3D VR content as easy as three clicks. Although they also deal with other technology solutions their main focus is VR technology. This Surat startup aims to democratize virtual reality content creation. They are using cutting-edge technology with the use of drag and drop.

    SMIS was founded by Hardik Desai. Desai is the CEO of Shilp Maitri Innovative Solution (SMIS) and is a well known Surat businessman as he managed to bag deals from companies like Mercedez-Benz, White Wind Group, etc.

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    This was our list of Startups in Surat. Hope you liked it.

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    Frequently Asked Questions

    What are the best IT companies in Surat?

    The best software company in surat are Tata Consultancy Services, Infostretch, Collabera, Cygnet Infotech, Allscripts, etc.

    What are the best business ideas in Surat?

    The best business ideas in Surat are accounting, Consulting, Social media management, Graphic design, Marketing copywriter, Clothing, Printing, Food manufacturng etc.

    What are the top companies in Surat?

    The top startups in Surat are Responscity, STAR, HKC Concepts, Cerebroz Edutree, iKoverk, Drone Study, Wishbook, Chintaless Nagrik, Foodsome, Aumgene Bioscience, Krossways, SMIS, etc.

    Who are the best Surat entrepreneurs?

    The top 10 entrepreneurs in Surat are Hardik Desai, Jay Shenmare, Anand Daga, Devang Parekh, Karnav Shah, Arvind Saraf, Neetin Agarwal, Rushabh Shah, Sunny Kabrawala and Keyur Kukadia

  • Interesting Facts About Berkshire Hathaway That Will Surprise You

    Be it in the USA or India, from the prevailing countries to the average countries, every country and the citizens of it have heard the name of Berkshire Hathaway. The name has more fame than the international music bands. Not only the company’s name tag, what’s more, interesting is the name of the CEO of the company, Mr. Warren Buffett. People may not know the company’s whereabouts, but they surely know who Mr. Warren Buffett is. The company surely prevails in the national as well as international market with its work.

    Every person and the thing he/she possesses has a story of its kind. A story may be forgotten actually, but when it’s more of a legacy, it prevails for an eternal period. Such is the case with Berkshire Hathaway of Mr. Warren Buffett. The company’s establishment is no less than a concrete legacy of its kind.

    Now let us see what are the interesting facts about Warren Buffett’s Berkshire Hathaway.

    Berkshire Hathaway Net worth and stake ownership
    Berkshire Hathaway Power percentage to vote
    The Quotation by Warren Buffett
    Starter Dish
    Behind the Curtain
    Here goes car into the hole
    Dual stock class of Berkshire Hathaway
    Yummy cash served hot
    The vintage edition of Berkshire Hathaway
    Branches of Berkshire Hathaway
    Names under Berkshire Hathaway
    Berkshire Hathaway D. Collection
    Berkshire Hathaway Multiple assets
    About Berkshire Hathaway Employees
    Berkshire Hathaway’s special beverage
    Conclusion
    FAQs

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    These are the points that shall be discussed in the following lines. Hope you have a fun learning session reading about the interesting facts about Berkshire Hathaway. Here it goes then.

    Berkshire Hathaway Net worth and stake ownership

    Berkshire Hathaway logo
    Berkshire Hathaway logo

    As per the latest data found in the year 2021 about Berkshire Hathaway, the company has a net worth of more than a hundred billion dollars ($100 B). Precisely, the stats of 2021 of Berkshire Hathaway announces that the net worth is around $103.3 billion. Also, the recent analysis report shows that the stake ownership of Berkshire is around 16.20%. The data was recorded last on March 3 of 2021. Some astonishing numbers for sure from the first of Warren Buffett.

    Berkshire Hathaway Power percentage to vote

    The voting power of the BH (Berkshire Hathaway) as per the report of March 3, 2021, is said to be 32.10%.

    The Quotation by Warren Buffett

    Indeed, a person with success always has a wise tongue. Just like what Warren Buffett once said – “Losing money for the firm is a mistake, but losing even a drop of reputation is a sin and is unforgivable.” He believes that money is a volatile object and losing it is understandable but respect is all in our hands and one should never lose it at any cost. A person is ultimately known for the deeds and respect he/she has earned in her whole life. No one remembers you solely because you had piles of green notes in your locker of the bank. So that’s why only a successful man can utter such wise words because of the profound experience he has.

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    –

    Starter Dish

    Warren Buffett had a mind of a genius from the very beginning. He had purchased his virgin stock from the market for himself and her sister, at an early age of mere 11 years old. Back then, he made a huge profit of more than 800 dollars from his shares. Is not it so amazing that at such a young age, he had such strategical knowledge about the share market? It surely is. No doubt his name is written in stone plates today. His brilliance is at another level.

    Behind the Curtain

    There’s a very uncommon reason behind why Warren Buffett bought Berkshire in the year 1964. His sole motive back then was to terminate the existing CEO. The dispute happened due to a rejection matter between Buffett and the existing CEO of BH back then.

    Here goes car into the hole

    Surprisingly, Warren considers BH to be one of his mega losses. He goes like this because he had estimated the company’s net worth to touch 200 billion dollars which is still far away.

    Dual stock class of Berkshire Hathaway

    Warren Buffett had divided the company’s stock into two different classes. Major class A holds most of the stocks and the B class holds the small investments.

    Yummy cash served hot

    Warren Buffett has already planned multiple backup plans in case of any emergency and for that, the company has no less than 86 billion dollars cash balance so that the company never suffers.

    The vintage edition of Berkshire Hathaway

    Berkshire Hathaway textile manufacturing company
    Berkshire Hathaway textile manufacturing company

    The company in 1939 was a small textile manufacturing company and had no such connections as today.

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    –

    Branches of Berkshire Hathaway

    The company isn’t limited to one business and has side branches that involve making jewelry, encyclopedias, newspaper publishing ‘etc.’.

    Names under Berkshire Hathaway

    BH has its major stocks in companies like IBM, Coca-cola ‘etc.’.

    Berkshire Hathaway D. Collection

    The shareholders affiliated with BH have got only one dividend since 1965.

    Berkshire Hathaway Multiple assets

    The company surpasses Amazon in terms of assets, by having more assets than a company so big as Amazon, nearly 5+ times more.

    About Berkshire Hathaway Employees

    BH is a world of its kind. The number of employees in BH alone can make a small city. The most productive city ever.

    Berkshire Hathaway’s special beverage

    Warren Buffet favorite drink- Cherry Coke
    Warren Buffett favorite drink- Cherry Coke

    Cherry coke is said to be Mr. Warren’s favorite drink and that’s why this is the BH special as they call it.

    Conclusion

    Warren Buffett has bought the company from the ground to the seventh sky and that requires a lot of drudgeries which all the employees affiliated with it have done. The company’s growth is still on the move and that’s what we call progress.

    FAQs

    Who is the CEO of Berkshire Hathaway?

    Warren Buffett is the CEO of Berkshire Hathaway since 1970.

    What is the business of Berkshire Hathaway?

    Berkshire Hathaway owns many businesses which includes:

    • Insurance
    • Rail transportation
    • Energy generation and distribution
    • Manufacturing
    • Retailing

    Does Berkshire Hathaway still make textiles?

    No, The textile manufacturing company of Berkshire Hathaway shut down in 1985.

  • Indian Entrepreneurs who lost money since 2020

    2020 has been a terrible year for all of us financially. People lost their jobs, business went into loss and many shops ended up with unsold and wasted products. While the middle class managed the crisis by cutting down expenditures, top entrepreneurs across the country are forced to do the same.

    Since 2020, millionaire and billionaire entrepreneurs in India have suffered back breaking losses. Crores of rupees went down the drain as the market went south and businesses were closed. Hospitality agencies, food delivery chains and e-commerce business owners were among many who faced losses.

    Here is the list of top Indian entrepreneurs who lost money since 2020:

    Ritesh Agarwal
    Sachin and Binny Bansal
    Kumar Mangalam
    Vijay Shekhar Sharma
    Vipul Parekh, Sudhakar, Hari Menon, Ramesh, and Abhinay Choudhri
    Naresh Goyal
    Sunil Bharti Mittal
    Kavin Bharti Mittal
    Suraj Saharan, Sahil Barua, Bhavesh Manglani, Mohit Tandon, Kapil Bharti
    Deepinder Goyal
    FAQ

    Ritesh Agarwal

    Company – OYO Rooms

    Ritesh Agarwal
    Ritesh Agarwal

    The youngest billionaire of India, Ritesh Agarwal suffered a loss of a staggering 3000 crores in 2020. The company’s net worth fell by 40%. One of the reasons is supposed to be ‘the conflicts with hotel owners’, said Masayoshi Son.

    It is also contemplated that the investors got overly enthusiastic with the idea and overdid the whole thing without thinking much about the shortcomings.

    Sachin Bansal and Binny Bansal

    Company – Flipkart

    Sachin Bansal and Binny Bansal
    Sachin Bansal and Binny Bansal

    In March 2017, the company had 39.5% of all e-commerce market shares. Then, in August 2018, 77% of Flipkart’s shares were bought by Walmart, an American retail corporation. In FY 2020, it reported losses of Rs 1936.6 crore with Rs 6317.7 crore in revenue.

    Kumar Mangalam

    Company – Idea

    Kumar Mangalam
    Kumar Mangalam

    After the emergence of Jio, many network companies in India suffered major losses. ‘Idea’ is no different. In March 2020, the company was Rs. 1,15,000 deep in debt including Rs. 87,650 due to deferred payment obligations. Rs. 46,000 crores were to be paid as AGR dues. Rs. 68,544 million were paid.

    The company faced a loss of Rs 73,878 crores with Rs 44, 957.5 crore as revenue in FY 2020. The CEO, Ravinder Takkar has said that they are focusing on 4G coverage and capacity expansion to improve customer’s overall experience.

    Vijay Shekhar Sharma

    Company – Paytm

    Vijay Shekhar Sharma
    Vijay Shekhar Sharma

    Paytm is also lost money due to many competitors in the e-payment sector. In Ant Group IPO filing, losses are seen to be around 1435 crores. There was some light as it cut its losses by 28% in FY 20 but its revenues have also fallen 1% to 3350 crores.

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    Vipul Parekh, Sudhakar, Hari Menon, Ramesh, and Abhinay Choudhri

    Company – Big Basket

    Soon to be acquired by Tata group, this Alibaba-backed company offers home delivery of groceries. The company went unicorn in March 2019 but now records heavy losses back-to-back.

    It lost Rs 611 cores which were greater by 6.7% as compared to last year. The company is planning to be big in the coming year but now, it’s losing huge amounts of money each year.

    Naresh Goyal

    Company – Jet Airways

    Naresh Goyal
    Naresh Goyal

    After being grounded for nearly two years, the company suffered a loss of Rs 2,841.45 crores in FY 2020. 2019-20 total income was Rs 354.2 crores as per said in BSE filing. The company has been struggling financially since April 18, 2019.

    It’s under CIRP i.e., the Corporate Insolvency Resolution Process. The company failed to get funds for even daily operations and was temporarily shut down.

    Sunil Bharti Mittal

    Company – Airtel

    Sunil Bharti Mittal
    Sunil Bharti Mittal

    Bharti Airtel posted a net loss of Rs 2,866 crores by the end of the June quarter. The company has been in loss for a long time now and is struggling to get the back on its feet. The tough competition among Indian network services and the free services of Jio for a substantially long time has left very little room for other companies to thrive.

    Kavin Bharti Mittal

    Company – Hike

    Kavin Bharti Mittal
    Kavin Bharti Mittal

    Hike has been the sole local competitor of the online messaging giant, WhatsApp. But right since the beginning, it has been struggling with its operations. Hike’s revenue in 2019 was mere Rs 13,000 crore.

    It has failed to generate any substantial revenue in FY 2020. The company has been cutting down its losses as much as it can by reducing marketing expenses and employee benefit expenses.

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    Suraj Saharan, Sahil Barua, Bhavesh Manglani, Mohit Tandon, Kapil Bharti

    Company – Delhivery

    Delhivery is an e-commerce logistics startup based in Gurugram. This suffered loss of Rs 284.13 crores in FY 2020. Unlike other companies on this list, Delhivery has managed to cut down its losses drastically from Rs 1781.04 crores in FY 2019.

    Its revenue for 2020 was Rs 2986 crores with expenses of Rs 3250 crores. The company is also planning for public listing in 2022-23.

    Deepinder Goyal

    Company – Zomato

    Deepinder Goyal
    Deepinder Goyal

    Zomato’s losses went up by 160% in the fiscal year 2020. It reported a loss of Rs 2,451 crores. The expenses of the company went up by 36% to Rs 4,628 crores. The good news is that the revenue also grew.

    Zomato also started dine-out which is mainly a transactional business as customers have to pay through the Zomato app. Zomato is a food delivery company which is bound to lose money in the Covid era. But there’s hope for growth as Deepinder Goyal is confident that it will witness a steep recovery post-Covid.

    Conclusion

    These were some of the Indian Entrepreneurs who lost crores of rupees due to various reasons. Some of them may recover and for some; it’s highly unlikely.

    FAQ

    Did entrepreneurs lost money in 2020?

    Yes, Many entrepreneurs lost money in 2020. Some of the top entrepreneurs who incurred huge losses are Deepinder Goyal, Vijay Shekar Sharma, Ritesh Agarwal and Sachin and Binny Bansal.

    What were the challenges faced by entrepreneurs by startups in 2020?

    Some of the challenges faced by entrepreneurs in 2020 were acquire funding to start the business, keeping existing customer, and finding new customers.

  • List of Startups Funded by Sourav Ganguly

    Ever since Narendra Modi the Prime minister of India made an official announcement about “Make in India” it became a movement to enrich the startup economy of India. Since then it has received a good deal of support from people and companies not only from the nation but also from all around the world. Large corporations also lent their helping hands to enrich this journey. All these efforts resulted in the improvement of startup culture in India.

    Celebrities have been an active part of this investment program. This has not only increased investments in startups but also has provided encouragement to do the same. Common people idolize celebrities in almost every aspect of life. Hence watching their favourite stars invest in startups would definitely enable them to invest in startups too.

    The “Dada” (elder brother) of Bengal did not fall back on the trend either. Sourav Ganguly is the former captain of the cricket team of India. He is a cricket administrator and president of BCCI now. He is also a cricket commentator.

    Sourav Ganguly established himself as a leading batsman of the Indian cricket team. For his prolific offside effects, he was called the “God of the offside”. He was also termed as the “Maharaja of Indian cricket”. He is remembered controversially too from his iconic shirt wave on The Lord’s balcony. It was a historic moment as a reply to the arrogance of England’s cricketers.

    However, Sourav Ganguly has always been very experimental and unique in attitude.

    Flickstree
    Classplus
    FAQ

    Flickstree

    Flickstree Website
    Flickstree Website

    At the very beginning of the year 2018, the news of Dada investing in startups was known. He invested in an entertainment company called Flickstree. Flickstree is a tech infotainment institution founded in the year 2014 by Saurabh Singh, Rahul Jain and Nagendra Sangra. It began in the year 2017 in India.

    Flickstree is basically an Al enabled video publishing network enabling users to attain more engagement and traffic in their videos. It is a personalized video magazine. It curates free to watch videos for its subscribers. It has a collection of videos from apps like Facebook, YouTube and so on. The greatest benefit of this platform is that people can find videos they desire to see gathered from every source and app at once. It saves both energy and time.

    Users are provided with categories like comedy, documentary, drama to watch and choose their video from.

    According to Sourav Ganguly digital entertainment is gradually engrossing the crowd. Both cricket and entertainment according to him are good scopes to invest in. India is gradually building a hunger for both. Hence he saw an opportunity to invest in this tech entertainment factory.

    Flickstree is also backed by FBStart, a Facebook program. It has been sponsored by multiple companies. Aditya Group, Venture Catalysts and Moksh Sports Ventures are the companies that primarily invested here.

    Users can subscribe to a single magazine of videos as of 2018. Dada says he would want the creators to facilitate the users with a multiple video magazine facility.

    The makers of this startup want their business to roll out abroad in countries like Australia and Indonesia.

    Hence we can say the first try in the sphere of investment in startups was a win-win for Dada.

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    Classplus

    By the end of 2020, there was a talk of Sourav Ganguly investing money in Classplus. Though the amount pumped is undisclosed. Classplus is an Ed-Tech company helping teachers and students connect better. It helps teachers create material, teach, take tests and much more. Hence Sourav Ganguly in every way has invested in good spaces. Recently we have also seen him in ClassPlus’s advertisements.

    We are looking up to him for investing in sport based spaces really soon.

    FAQ

    What is the net worth of Sourav Ganguly?

    The net worth of Sourav Ganguly is around $50 Million (Rs.365 Crores).

    What is the age of Sourav Ganguly?

    Sourav Ganguly was born on 8 July 1972 and is 49 years old.

    When did Sourav Ganguly retired from cricket?

    Sourav Ganguly retired from international cricket in 2008.