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  • Murari Lal Jalan: The Mysterious Owner of Jet Airways

    The Indian aviation industry and the entire world were baffled when a mysterious man decided to revive Jet Airways when the airline was in massive debt which was the aftereffect of its financial troubles.

    Jet Airways is one of the most prominent Indian airlines founded on 1st April 1992. It has been one of the largest airlines in India. Things were revealed to be going not so well in the business, when Naresh Goyal ceased the operation of the airlines on 17th April 2019. Jet Airways was reported to be bankrupt due to Goyal and Etihad Airways’ inability to pay more money to the airlines for any promotion. Many employees lost their jobs in the time span. During these years, many banks tried their best to recover their dues from the airline service provider. Nothing seemed to be going well for them.

    The UAE-based businessman, Murari Lal Jalan came as a blessing for Jet Airways along with Kalrock Capital when they decided to revive the airlines. People were extremely curious about him and the entire deal that led to the change of ownership of the airlines. Kalrock Capital applied for the resumption of Jet Airways on December 13, 2021, and got approval from the Ministry of Civil Aviation to start its operations until the Supreme Court ordered the liquidation of Jet Airways on November 7, 2024, officially ending any hopes of reviving the airline over five years after it went bankrupt.

    However, the mystery behind the man who came as a superhero, Murari Lal Jalan, needs to get solved. Therefore, in this article, we will talk about the owner of Jet Airways, Murari Lal Jalan, and will find out more about him. So, let’s get started.

    Murari Lal Jalan – Biography

    Name Murari Lal Jalan
    Born August 1, 1964
    Occupation Business
    Known as The owner of Jet Airways
    Net worth $200+ Million (2021)

    Murari Lal Jalan – Early Life
    Murari Lal Jalan – Career
    Jalan and Kalrock Capital Partnership to Revive Jet Airways
    Interesting Facts about Murari Lal Jalan
    Murari Lal Jalan – The Future Plans with Jet Airways

    Murari Lal Jalan – Early Life

    Murari Lal Jalan was born in Jharkhand, whose business interests are spread across diverse segments including mining, real estate, travel and tourism, trading, fast-moving consumer goods, industrial works, and now aviation. Murari Lal Jalan maintains a low profile among the business community, whether it’s in India or abroad. In February 2021, after almost a year Jet Airways was shut down. Jalan proposed to the promoters of Jet Airways in order to start a full-service airline in the country.

    Murari Lal Jalan – Career

    Paper Trading Business

    Murari Lal Jalan began his career in the paper trading business in Kolkata in the 1980s, where he worked as a trader for JK Paper and Ballarpur industries. In 2003, in the hopes of expanding his business, he acquired a Kolkata-based Kanoi Paper & industries, which was later renamed, Agio Paper.

    In 2010, Murari Lal Jalan encountered a setback when he received a lawsuit from Government agencies against his paper company, for violating pollution in the nation. The company had suspended its production since then, and he focused on some other businesses to thrive well.

    Real Estate and Health Care

    In 2015, Jalan stepped into the Healthcare sector and acquired Dr. Naresh Trehan and Associates Health services by investing Rs 75 Crores in the company through a secondary share sale transaction. They planned to establish a hospital in Dubai, but unfortunately, that plan wasn’t implemented in the future.

    After moving to UAE, he focussed on the Real Estate business and started his company MJ Developers, a firm, which mainly conducts its business in India, Brazil, and Russia. The headquarters of the company is situated in Dubai, UAE. MJ Developers is quite famous for developing residential properties in Uzbekistan.

    Chairman of Agio Image Group

    Murari Lal Jalan became the chairman of the Agio Image Group, which is renowned for selling photographic products to Konica, Sony, and Panasonic.

    Jalan and Kalrock Capital Partnership to Revive Jet Airways

    Step by step, Jalan grew his net worth by engaging in various sectors such as healthcare, mining, trading, and Real estate. However, his entry into the aviation business along with Kalrock Capital seemed almost sudden, which sounds like a zero-knowledge business to him. Besides, in an interview, he said that he has no experience in what he is doing in the aviation industry. He managed the finance for the bidding of Jet airways.

    In 2021, after two years of struggle to salvage Jet Airways, a revival plan was submitted by Kalrock Capital and a UAE-based businessman, Murari Lal Jalan, at the National Company Law Tribunal (NCLT). This way, it was revealed that Jet Airways would be revived after its shutting down. The Jalan Kalrock consortium has decided to make an investment of Rs 1375 crore in Jet Airways over the next two years.


    Interesting Facts about Murari Lal Jalan

    Some of the interesting facts about the mysterious man, Murari Lal Jalan are:

    • Jalan is said to contract to have a partnership deed with the Patanjali Ayurveda owner – Baba Ramdev, according to the Indian Ministry of Corporate Affairs. Besides, it is cited that Jal had been involved in marketing Ayurvedic Products. Although, there is no concrete proof about it.
    • Murari Lal Jalan is said to be backed by Ajay Gupta, Atul Gupta, and Rajesh Gupta, the infamous trio also known as the Gupta brothers of South Africa. The trio is facing charges of corruption and has fleed the country to save themselves.
    • Murari Lal Jalan is a big fan of cricket and loves reading. Jalan delves into books between work and travel.
    • Murari Lal Jalan has been contributing to Uzbekistan’s transformation, especially in Namangan and Tashkent, through major investments in residential projects, luxury hotels, universities, and hospitals. His ventures support Uzbekistan’s market economy growth, helping shape the nation’s future.

    Murari Lal Jalan & The Jet Airways

    Murari Lal Jalan and Kalrock Capital initially considered starting a new airline but chose to go with the Jet Airways brand for its strong brand value and customer loyalty. Their revival plan aimed for Jet Airways to operate its previous domestic slots in India and resume international flights. However, the plan faced repeated delays due to COVID-19, financial challenges, and leadership changes. The consortium continued efforts to restart operations until November 7, 2024, when India’s Supreme Court ordered Jet Airways’ liquidation, officially ending the revival plans more than five years after the airline’s bankruptcy.

    Conclusion

    Although the man himself is a mystery and is surrounded by several rumours, Murari Lal Jalan cannot be ignored as he had the ownership of India’s one of the largest and most prestigious airline industries- Jet Airways. He along with Kalrock Capital planned to bring Jet Airways back from the dead by investing an additional $12 million to revive the airline as promised. However, India’s Supreme Court later ordered Jet Airways’ liquidation, ending any hope of its return more than five years after bankruptcy. This decision marked the official end to Jet Airways’ revival journey under Jalan’s leadership.

    Who is the owner of Jet Airways?

    U.K-based Kalrock Capital Partners and Murari Lal Jalan are the present owners of Jet Airways.

    What is the net worth of Murari Lal Jalan?

    The net worth of Murari Lal Jalan is approximately over $200 million as of 2021.

    How many aircraft does Jet Airways have?

    Jet Airways once operated with a fleet of 97 aircraft.

  • Top 15 Interesting Facts About Tata Group That You Might Not Know About

    Being one of India’s oldest and biggest Groups, the Tata Group is an Indian-based multinational, multi-industry company founded by Jamsetji Tata in 1868. It was founded as a private trading firm. The Group incorporated with the Indian Hotels Company in 1902 to commission the first luxury hotel in India – the Taj Mahal Palace & Tower.

    After the death of Jamsetji Tata, his son Dorabji Tata became the chairperson of the Group. Under his leadership, the Group vastly expanded in several industries such as steel, electricity, education, consumer goods, and aviation.

    Under the leadership of Jehangir Ratanji Dadabhoy Tata (J.R.D.) The company grew in new sectors such as chemicals, technology, cosmetics, marketing, engineering and manufacturing, tea, and software services and now the company is an Indian multinational conglomerate. Let us look at some of the interesting facts about Tata Group.

    1. Tata Group Is Recognized Worldwide
    2. Tata Group Built the Country’s First Indigenous Car
    3. Tata Built the First Sports Car in India
    4. Tata Supplies Defense Vehicles to the Indian Army
    5. Tata Built the World’s Cheapest as Well as Costliest Car
    6. Tata Group Has Never Invested in the Alcohol or Tobacco Business
    7. Tata Group Has Never Sponsored Any Bollywood Movie
    8. The Tata Brand Has Been a Pioneering Brand of Many Services
    9. Tata Motors Owns Jaguar Land Rover
    10. The First Trucks of the Tata Motors Had the Mercedes Logo
    11. Tata Steel Acquired the Corus Group in 2007
    12. The Tata Logo Has a Unique Meaning
    13. Tata Group Was the 5th Most Valuable Corporate in Asia
    14. Tata Group Was Included in a Legal Battle by Its Chairman
    15. Tata Group Brought Starbucks to India

    1. Tata Group Is Recognized Worldwide

    This huge company is not only present in India. However, the Tata Group has a market presence all over the world in 175 countries. It is well recognized in the car industry with more than 8.5 million vehicles of the Tata brand.

    Tata Group serves a worldwide area and also has its products and services spread out across 6 continents. The company has around 29 products and subsidiaries spread across multiple areas.

    2. Tata Group Built the Country’s First Indigenous Car

    India's First Indigenous Car - Indica
    India’s First Indigenous Car – Indica

    So many foreign car brands have entered India. But you will be amazed to know that India’s first indigenous car was manufactured in 1998. The Tata Indica is a passenger hatchback car equipped with a 1396 cc diesel engine. This car became a hit instantly.

    The Tata Indica was a kind of supermini car with more than 910000 units being produced by August 2008. The same model car had annual sales reaching up to 144690 units by the year 2008-2009. However, the model was discontinued in April 2018. s

    3. Tata Built the First Sports Car in India

    Tata Racemo
    Tata Racemo

    The Racemo was India’s first sports car which was built by Tata Motors under the badge of its sub-brand Tamo. It has a 190 PS engine that can go up to 100km/hr in 6 seconds. It was unveiled at the 87th Geneva Model Show.

    The Racemo was thought to be built in two different models. One was based on roadways and the other one was for the track ready. The final limited number of models that were estimated to be made was around 250 units. However, due to cost issues, the model was halted.

    4. Tata Supplies Defense Vehicles to the Indian Army

    Tata Military Truck
    Tata Military Truck

    Tata has been supplying armored trucks and combat-ready vehicles to our Indian army for decades. Their military vehicles include Defence Combat Light Armored Multi-Role Vehicle, Defence Light Support Vehicle, Defence Futuristic Infantry Combat Vehicle (FICV), Defence Combat Wheeled Armored Amphibious Platform (WHAP), and Defence Combat Light Armored Multi-Role Vehicle.

    Ratan Tata: Life, Legacy & Philanthropy of a Business Icon | Awards | Education | Quotes | |
    Explore the impactful life and contributions of Ratan Tata, the iconic Indian industrialist and philanthropist who shaped modern India and inspired millions. The passing of Ratan Tata on October 9, 2024, at the age of 86, has left India in deep mourning.
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    5. Tata Built the World’s Cheapest as Well as Costliest Car

    Tata Nano
    Tata Nano

    Tata Nano, the world’s cheapest car costing 1 lakh was launched in 2008 by TATA Motors. It has a 624cc petrol engine which produces 37bhp of power and 51Nm of torque. The production of this car eventually stopped in 2019.

    The car was also introduced as the world’s first-ever gold jewelry car. It was made of gold, silver, and precious gems and was made to celebrate 5000 years of jewelry making in India. The car cost over INR 22 crores.

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    Tata Gold Jewellery Car
    Tata Gold Jewellery Car

    6. Tata Group Has Never Invested in the Alcohol or Tobacco Business

    Although, intoxicants have a greater business in a country like India. Though the company had expanded its business in various areas, it never invested in tobacco and alcohol.

    Tata Group has stayed true to its value even after so many years of its establishment. Tata Group has never ever invested in any alcohol or tobacco business. The same statement was stated by Tata Sons director J J Irani on 31 July 2010.

    7. Tata Group Has Never Sponsored Any Bollywood Movie

    Many huge companies try to invest once in the entertainment industry. But very interestingly Tata has never financed any Bollywood movies. But in 2003 the company co-produced the big-budget movie Aetbaar.

    The number of films produced by the Tata Group is still negligible. It is not a lie to say that Tata Group prefers to stay away from investing in Bollywood films until any exceptional moment arrives.

    8. The Tata Brand Has Been a Pioneering Brand of Many Services

    From providing the first branded salt to establishing the first steel mill in India, Tata established its strong base from the very start for our developing country. They also established five-star hospitality in India, IT services, power companies, etc.

    It was also the first to organize branded jewelry and the first to sell retail steel in India. Tata has around 29 different subsidiaries and their count keeps on increasing with the introduction of new subsidiaries in the market by the Tata Group.

    9. Tata Motors Owns Jaguar Land Rover

    After ascending as the chairman of the Tata Group, Ratan Tata played a crucial role in acquiring powerful businesses. One of them is the acquisition of Jaguar Land Rover.

    Jaguar Land Rover is a Britain automobile company that is a part of Tata Motors. It manufactures, designs, and sells cars of the same name. Tata Group acquired both companies from Ford and merged them in 2008.

    Tata Mercedes Trucks
    Tata Mercedes Trucks

    Tata Motors had a technical collaboration with Daimler Benz, a merged company that manufactures the Mercedes-Benz cars. Due to this, the first trucks produced by Tata had the Mercedes-Benz logo.

    Tata Group has been in the automobile field for a long course of time. The time started with the rolling out of Telco in 1954. The telco was the first truck manufactured by the Tata Group but with the logo of Mercedez on it.

    11. Tata Steel Acquired the Corus Group in 2007

    Tata completed one of the biggest corporate takeovers by acquiring the Anglo-Dutch steel manufacturer Corus Group in 2007 April. Tata acquired the company for £6.2 billion which is US 12 billion dollars.

    Corus Group is one of the biggest manufacturing and steel-producing companies in Europe formed in 1999. The Corus Group earlier was also formed after the merger of British Steel of the United Kingdom and Koninklijke Hoogovens of the Netherlands

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    12. The Tata Logo Has a Unique Meaning

    Tata Logo
    Tata Logo

    The Tata logo is designed by the popular Wolff Olins consultancy. Wolff Olin’s consultancy is a British advertising agency and corporate identity consultancy. The logo of Tata Group was designed with much thought and meaning behind it. It symbolizes fluidity and adaptability. The color blue stands for the excellence, reliability, and strength of the company’s products.

    The logo can also be interpreted as the fountain of knowledge, or a tree most probably a tree of trust under which people can take refuge. Irrespective of the interpretation, the logo has a deep meaning attached to it.

    13. Tata Group Was the 5th Most Valuable Corporate in Asia

    Even after facing many downfalls in the past decades. In 2015, Tata Motors became the 5th most valuable corporate brand in Asia due to its high net revenue and overall growth. Tata Group has also given much acknowledgment to its key person. Sir Jamsetji Tata also received the title of Hurun Philanthropist of the Century in 2021.

    Major points in the legal battle between Cyrus Mistry and Tata as per the article published by business-standard.com
    Major points in the legal battle between Cyrus Mistry and Tata as per the article published by business-standard.com 

    The Tata Group was led by Cyrus Mistry for a short period of 4 years. Cyrus Mistry was the second chairman of Tata Group with no “Tata” in the name.

    Cyrus worked as a Chairman for the Tata Group from 2012-2016 and was removed from the post in 2016 by the board of members. On the contrary, Cyrus approached the NCLT to file a case with the claim that the company is oppressing the interests of small stakeholders.

    He alleged the company of oppressing the minority shareholders and quoted his removal as an instance. The legal battle between Cyrus Mistry and the Tatas was in action for almost six years with the final decision given by the Supreme Court on May 2022. At last, the court rejected the reviewing petition filed by Cyrus and stayed firm on the verdict passed by the Supreme Court, which was in favor of Tata.

    15. Tata Group Brought Starbucks to India

    Starrbucks - A TATA Alliance
    Starrbucks – A TATA Alliance

    Under the leadership of Sir Ratan Tata, Tata Consumer Products Ltd. partnered with Starbucks Coffee Company in 2012 to bring the famous coffee brand to India. This joint venture introduced café culture to Indian cities, making Starbucks a popular spot for coffee lovers and adding to Tata Group’s international collaborations.

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    Conclusion

    Though companies are created and organized to make money and fame, the same is not the story for Tata. Jamsetji Tata built his company with the simple mission of “making people’s lives better”.

    It paved the way for all the industries that followed by acting as the pioneer of almost all of them. The revenue of Tata Group rose from $4 billion to $100 billion under Ratan Tata’s leadership from 1991 to 2012. With revenue of $165 billion as of FY24, the Tata Group stands as one of the biggest groups not only in India but all over the world.

    FAQs

    The meaning of the Tata logo is to show fluidity and adaptability. The blue color in the logo stands for the meaning of excellence, reliability, and strength of the company products.

    What makes the Tata Group unique?

    The Tata Group was the first one to introduce many new concepts in India. And more than that, the company looks for its value over any other possible aspect. All these aspects make the Tata Group unique from other similar companies.

    What is the main product of Tata?

    Tata has a list of approximately 30 Tata products including names like Tata Steel, Tata Enterprises, Titan, etc.

    What are the 5 Tata values?

    The 5 values of Tata are integrity, unity, responsibility, excellence, and pioneering.

    What is the revenue of Tata Group for FY24?

    With revenue of $165 billion as of FY24, the Tata Group stands as one of the biggest groups not only in India but all over the world.

  • The Secret Behind Mamaearth’s Success – Interesting Facts About Mamaearth

    Mamaearth is a company known for delivering absolutely non-toxic products in the competitive global market of FMCG companies. It was started by a husband-wife duo- Varun Alagh and Ghazal Alagh, in late 2016. Nowadays, India is thriving with startups, among which several are gaining status in the Unicorns list as well.

    Mamaearth has gained quite a prominent status as it has over 5 million Indian consumers across more than 500 cities. The company started with just six products in its catalog and has grown into extreme success with more than 225 natural and toxic-free products.

    Behind such success, there is a brief story starting from when the couple realized that the situation of baby products in the market is pretty rough and almost every product consists of toxic chemicals, which becomes quite dangerous for the babies. Just like this story, there are several interesting stories and facts about Mamaearth. So, let’s get started!

    Mamaearth Origin Story – From Parents to Entrepreneurs
    Interesting Facts About MamaEarth

    Mamaearth Origin Story – From Parents to Entrepreneurs

    Varun Alagh and Ghazal Alagh never thought of becoming millionaires or entrepreneurs. They were just a happy couple who just had a baby and struggled to raise their baby with the proper nutrition and products, keeping safety in mind.

    Their encounter with baby products was extremely tough as when they researched the composition of the product, they realized there wasn’t a single product that did not have toxic chemicals in it.

    About Mamaearth - Varun Alagh, Shilpa Shetty, Ghazal Alagh
    About Mamaearth – Varun Alagh, Shilpa Shetty, Ghazal Alagh

    This compelled them to launch a company that offers natural and toxin-free baby products, which later on came under the parent company Honasa Consumer Pvt Ltd, in Gurugram.

    Initially, Mamaearth started the company with just six products developed with the best natural and toxic-free ingredients. But soon, they gained massive success and expanded their products into multiple categories like skincare, haircare, and others for men and women across 80 SKUs (stock keeping unit). They grew into more than 80 products and nearly 12 new products in the lockdown period.

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    Interesting Facts About MamaEarth

    Initiative to Improve the World

    Mamaeath came with an initiative to make the world a better place for us and our children. It has organized several campaigns as well, such as ‘Let’s Recycle’ and #MyFirstGoodDeedOf2021, which gained massive success as they showed how they are working to conserve Mother Earth for the upcoming generation, and this majorly attracted the parents to the brand.

    Majorly Targets Mothers

    The fun yet strong fact about Mamaeath is its target audience is mothers. They believe that a mother knows the best, and once they are familiar with the quality of its products, they’d know how effective and honest this brand is.

    In fact, they launched a special campaign as well on the occasion of Mother’s Day – #MamaeathMummySong on their social media platform. This showed how important a place our mothers hold in our lives with an all-new peppy song about mothers.

    Mamaearth Promotional Campaign – Mummy Song

    Lean Innovation Cycle

    Mamaearth company is an FMCG company that works on the lean innovation cycle to achieve its current growth rate. This cycle basically launches, learns, and scales instantly, which helps them focus on consumer-specific needs identifications. With this approach, Mamaearth has gathered investments from Sequoia Capital India, Fireside Ventures, and Stellaris USD 23.3 million.

    The revenue model of Mamaearth company is entirely based on the sale of its products to consumers through its direct-to-consumer and e-commerce platforms. Moreover, Mamaearth has gained huge success in the past few years and is thriving in segmenting, targeting, and positioning.

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    Mamaearth’s amazing products helped them to reach great heights. They have understood their customer’s needs properly and served those needs in an excellent way.
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    Competent in the Market

    In such stiff competition in the market, with popular brands such as Johnson & Johnson, Headspot, Ulta Beauty, Sehatand, and others, Mamaearth stands in a steady position. In an interview, when asked about the fight against such brands, Varun Alagh – CEO and founder of Mamaearth, replied, “Mamaearth provides superior and safer products as compared to any other brand in the market.”

    It works on educating the consumer about the chemicals involved in the composition of other products in the market and elaborates on the benefits of using their products.

    The customer acquisition strategy is entirely based on digital content. Therefore, it enlightens the consumer on the issues their products tackle and how their products are best in the market.

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    Establishing Trust and Credibility

    Information About Mamaearth Products
    Information About Mamaearth Products

    Mamaearth is committed to transparency and provides detailed ingredient lists, product information, and testimonials from satisfied customers on its website. This commitment to openness helps customers feel confident that they are making informed decisions about their purchases.

    Mamaearth has obtained various certifications and affiliations, such as MadeSafe, Allergy UK, PETA, and ECOCERT, to validate its claims of product safety and quality. These certifications provide third-party validation of the brand’s commitment to natural ingredients and safe manufacturing practices.

    Mamaearth is committed to social responsibility and supports various environmental and social causes. This commitment to giving back helps the brand connect with its customers on a deeper level.

    Growth and Distribution Strategy

    Mamaearth began as an online brand, utilizing e-commerce platforms to attract a larger audience. However, they gradually increased their distribution methods by entering offline retail and partnering with physical businesses. Mamaearth was able to cater to varied consumer tastes and increase its reach across India and globally because of its omnichannel approach.

    Mamaearth’s growth has not been limited to India. They have strategically expanded their presence beyond borders, entering markets like the United States, the United Kingdom, and the Middle East. This internationalization has further fueled their growth, allowing them to cater to a global audience seeking natural and toxin-free personal care products.

    Mamaearth’s IPO

    Information About Mamaearth's IPO
    Information About Mamaearth’s IPO

    The one thing to know about Mamaearth company is that Honasa Consumer Limited, the parent company, had an Initial Public Offering (IPO) in October 2023. The IPO was oversubscribed by 7.6 times, raising ₹1,701.44 crores (US$209.7 million). The shares were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on November 7, 2023.

    The IPO was priced at ₹308 to ₹324 per share. The minimum order quantity was 46 shares. The IPO was open for subscription from October 31 to November 2, 2023.

    The IPO was led by Qualified Institutional Buyers (QIBs), who subscribed 11.5 times their allotted quota. Retail investors subscribed 1.4 times their allotted quota, and non-institutional investors subscribed 4.02 times their allotted quota.

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    Conclusion

    Mamaearth is a brand that comes in the need of every parent, and over the years, it has grown into a massive 100-crore company. It is certified by Made Safe, a US-based non-profit organization that majorly focuses on human health and develops products that are absolutely free of any toxic chemical composition and entirely natural.

    Their products are clinically tested for hypoallergenic toxins, dyes, artificial fragrances, or anything that can harm the consumer. Last December, the company gained the status of a unicorn, with the fund gathered of $37.5 million. Stay tuned for more content!

    FAQs

    What is special about Mamaearth?

    Mamearth is one of the few D2C skincare brands in India that provides toxin-free products for babies. It is also one of the 1st Asian brands with a “MADE SAFE” certification.

    When was Mamaearth launched?

    Mamaearth was launched in 2016 by Varun Alagh and Ghazal Alagh when they couldn’t find any toxin-free products for their baby.

    Mamaearth is from which country?

    Mamaearth is an Indian unicorn brand headquartered in Gurugram, Haryana. The parent company of Mamaearth is Honasa Consumer Pvt Ltd.

    Mamaearth has how many product SKUs?

    Mamaearth had 225 SKUs at the end of the six-month period ending September 2022.

  • Surprising Facts About TikTok

    TikTok, one of the most valuable media brands worldwide, has a brand value of $66 billion in 2023, $59 billion in 2022, and $18.75 billion in 2021. It is a China-based video-sharing social networking startup owned by the Chinese company ByteDance. TikTok allows users to upload a variety of short-form videos, from genres like dance, comedy, and education. The duration of the videos has been expanded to 10 minutes from 3 minutes (originally 1 minute).

    This application gained popularity in a very short period. It became extremely hyped among teenagers. As of now, it has over 1.5 billion monthly active users worldwide. TikTok is the next big thing!

    Top 10 Stats to Know About TikTok
    Top 10 Stats to Know About TikTok

    Here is a quick snapshot of key TikTok insights:

    • Origin: Started as Douyin in 2016 by Chinese tech company Bytedance. Launched internationally as TikTok in September 2017. Became popular in China before its international expansion.
    • User Base: Over 1.5 billion active monthly users globally (Q3 2022). Combined with Douyin users the user base exceeds 2 billion.
    • Daily Video Views: Over 1 billion videos are viewed daily on TikTok. Content diversity and creator tools contribute to this engagement.
    • Social Media Ranking: 6th most popular social media platform globally.
    • Download Numbers: Over 3.5 billion total downloads since launch. Most downloaded app in 2022 with 571 million downloads (Q1-Q3).
    • User Age Range: 25-34 age range accounted for 25.4% of US TikTok users in 2022. Combined with the 18-24 demographic, 49.3% of users were adults aged 18-34.
    • Engagement Rate: TikTok’s engagement rate is higher than Instagram, YouTube, and Facebook. Micro-influencers achieve around 18% engagement.
    • Global Reach: 20.83% of internet users worldwide (4.8 billion) were on TikTok in 2022. It’s available in 154 countries and translated into 75 languages.
    • User Frequency: 90% of TikTok users access the app daily. Higher user engagement is due to addictive content and relevance.
    • Indian Ban: Banned in India but still available in 154 countries.

    Here are some more amazing facts about TikTok that you probably didn’t know about:

    Around 49.3% of TikTok users are aged 18-34
    TikTok was initially named Musical.ly
    TikTok is banned in India
    Time-management feature in TikTok
    Around 34% of all users post each day on TikTok
    An average TikTok user spends 50 minutes or more daily
    TikTok is used in 154 countries
    TikTok is used more by women than men in the United States
    More than 1.5 billion people use TikTok
    Songs and Dance trends have gone viral due to TikTok
    Most-followed TikTok creator worldwide
    Highest-earning TikTok creator worldwide

    Around 49.3% of TikTok users are aged 18-34

    TikTok is predominantly used by younger age groups. But it’s no longer just an app for teens. The 25-34 age group accounted for 25.4% of TikTok users. When combined with the 18-24 age group which is 23.9%, adults in the 18-34 age group accounted for 49.3% of US TikTok users. Also, the age group of 12-17 accounted for 17.7% of US TikTok users in 2022.

    TikTok was initially named Musical.ly

    One morning Musical.ly users woke up and were surprised to see the app replaced with a new name and a brand new logo! TikTok was named Musical.ly and was again renamed in August 2018.

    Bytendance’s parent organization, TikTok got it for a billion dollars in the wake of seeing the accomplishment of the application Musical.ly. Then the two apps were merged and another application called TikTok was created. Today, TikTok App is valued at $400 billion.

    TikTok is banned in India

    TikTok, the short-video streaming application, was a momentous accomplishment in India when it was released in September 2016, TikTok was permanently banned in India in August 2020 over public safety issues.

    India had nearly 200 million users and the fast-growing community suffered a massive blow from this decision. It has been a year since the boycott, and the app, presently neglected and criticized, was once a source of income for some content creators.

    Time-management feature in TikTok

    TikTok’s Screen Time Management feature offers its users the flexibility to decide the amount of time they spend on TikTok daily. Users can now limit their screen time on TikTok with the help of this feature.

    At first, TikTok offered users the chance to restrict screen time to two hours of the day. Presently, users can choose new time limit points of 40, 60, 90, or 120 minutes and choose how long they need to spend on the application each day. This feature is password-encrypted, and valid for 30 days.

    If users exceed their screen time limit, they must enter their security password to keep using TikTok. This feature can be found in the Privacy and Settings, under the part Digital Wellbeing section.

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    Around 34% of all users post each day on TikTok

    In comparison to other social media apps, TikTok has more actively engaged users. Around 34% of all users upload at least one video each day. Like some other social stages, you will develop your crowd by posting consistently. This is because of TikTok’s algorithm- Posts of users with no followers can also go viral and reach millions of people in a day.

    TikTok gives its clients an extraordinary natural reach. The TikTok analytics is incredibly sharp and shows what people demand to see.

    An average TikTok user spends 50 minutes or more daily

    A normal TikTok user spends an average of 50 minutes each day on the application every 24 hours. These users revisit the app several times a day to share content with their friends and post them on other social media platforms.

    This data can be viewed as generally significant to those endeavoring to benefit from Ad income and is a good insight to use when promoting plans for brands that are on TikTok. That number is at par with Facebook and Instagram and shows an excellent future for the application.

    The application organizers mainly focus on developing an engaging and addictive application. TikTok is particularly addictive, and several users spend a couple of hours every day scrolling through it.

    TikTok is used in 154 countries

    TikTok has 122 million users based in the United States of America solely, which is the highest by country. Douyin, the Chinese version of TikTok, is one of the most popular apps in China. It has over 700 million daily active users. The TikTok stage has been particularly invited in other Asian nations like Japan, Vietnam, Malaysia, Indonesia, and Thailand.

    Countries With the Largest TikTok Audience as of July 2023
    Countries With the Largest TikTok Audience as of July 2023

    TikTok is used more by women than men in the United States

    TikTok insights show that 60% of its dynamic users are females while the rest are men. Furthermore, the females are additionally comprised of more individuals between 20 to 29 years old than those between 13 to 19 years.

    More than 1.5 billion people use TikTok

    As indicated by TikTok insights, more than 1 billion individuals overall are regularly using TikTok. That is much more than Twitter, LinkedIn, and Snapchat.
    Long gone are the days when TikTok was just a lip-syncing video app.

    Today TikTok has over 1 billion monthly active users worldwide and more than 138 million monthly users in the US, and this number is increasing every day.

    Many dance trends and songs have turned into web sensations because of the TikTok application. Because of the adaptability that TikTok awards its users, numerous viral online video trends have effectively developed since the worldwide arrival of the application.

    The music used by lip-syncing videos and dance trends on TikTok has also become a web sensation on music-sharing applications, for example, Spotify because of TikTok’s free usage of the audio content. Furthermore, sound from any media can likewise be used on TikTok like TV talk and live recorded media.

    Most-followed TikTok creator worldwide

    As of August 2023, Khaby Lame is the most-followed TikTok creator worldwide with over 162 million followers.

    Highest-earning TikTok creator worldwide

    As of August 2023, Charlie D’Amelio is the highest-earning TikTok creator worldwide.

    FAQs

    TikTok is a popular app for creating, watching and sharing short videos. The app is entertaining, addictive, and very engaging. One can get viral over a short time and be a TikTok star. One can generate income as well from TikTok.

    Who is the founder of TikTok?

    Zhang Yiming is the founder of TikTok.

    What is the valuation of TikTok?

    As per estimates, the valuation of TikTok is over $50 billion and its parent company ByteDance is worth over $300 billion.

    Which country has the most number of TikTok users?

    With over 138 million users, the US has the most number of TikTok users.

  • 9 Unknown Facts About Walt Disney You Might Not Know

    Walt Disney was not just a cartoonist or an entrepreneur. He was one whole box of talent ranging from artist to producer. Even after these many years, Walt Disney is not someone that can be forgotten with time. Instead, his legacy is getting bigger and bigger day by day giving out much appreciation and recognition to him even after so many years.

    Walt Disney or Walter Elias Disney was born on 5th December 1901. He was an American actor, producer, entrepreneur, cartoonist, etc. He had achieved much fame and name in his course of life. Let us look at the 9 most intriguing unknown facts about him.

    1. In a School Play, Walt Disney Performed as Peter Pan
    2. Walt Disney Forged His Actual Birth Date to Do His Share of Work in WW1
    3. Walt Disney’s First Big Creation Was Not Mickey Mouse
    4. He Was Mickey Mouse’s Voice Actor
    5. Disney Land Has a Secret Apartment for Its Real Owner – Walt Disney
    6. Walt Disney Worked for the Government by Encouraging Them Through Propaganda Films During WW2
    7. Disneyland Was Conceived as a Small-Scale Project as First
    8. Walt Disney Created History by Winning the Highest Number of Academy Awards
    9. Walt Loved Trains

    1. In a School Play, Walt Disney Performed as Peter Pan

    Disney Peter Pan Cartoon
    Disney Peter Pan Cartoon

    The plot of Peter Pan had a particular place in Walt Disney’s heart because it was not only a hit film for him in 1953, but it also transported him back to his youth. The reason behind it was that Walt was required to play the character of a boy. A boy who would not grow up in a school production especially after witnessing Peter Pan on Broadway.

    Another memorable thing about that play was the collaboration of Walt Disney and his brother. The brother was responsible to take charge of the rope that was attached to give the mimic flying over the stage.

    2. Walt Disney Forged His Actual Birth Date to Do His Share of Work in WW1

    Walt quit school at the age of 16 to join the Red Cross Ambulance Corps in order to participate in World War I. Walt was just 16 years and the minimum age requirement was given a deadline of 17 years. In order to deal with this, Walt wrote a duplicate birthdate on his birth certificate.

    Walt Disney as a Red Cross Ambulance Driver
    Walt Disney as a Red Cross Ambulance Driver

    Disney was dispatched to France in late 1918. The armistice of the war was soon signed after the dispatch of Walt to France saving him from getting much involved in the actions of the war. Before being dismissed in 1919, he continued to assist where he could, driving Red Cross officials and conducting other jobs.

    3. Walt Disney’s First Big Creation Was Not Mickey Mouse

    Universal Studios commissioned Walt and his principal animator Ub Iwerks to develop a cartoon character for them in 1927, and Oswald the Lucky Rabbit was the result. Oswald was a great hit, with plenty of merchandise to go around.

    Oswald the Lucky Rabbit
    Oswald the Lucky Rabbit

    With his unique work, it didn’t take much longer for Walt to get fame for his work. With the fame on board, Walt decided to travel back to New York in 1928 in order to re-bargain with the producer Charles Mintz.

    Whereas on the contrary Charles Mintz was prepared with a different plan to deal with Walt Disney. He was fully prepared to slash the budget and was also working toward snatching Disney’s animator by the means of inappropriate ways without his knowledge of Walt.

    As a result, Universal got Oswald’s rights, and Disney left New York feeling like he’d lost practically everything. However, talent can be recognized anywhere. While on the way back to California, Disney came up with the idea of Mickey Mouse and drew him on the train journey. The character of Mickey Mouse actually created a way for Disney to gain back his fame and a way to surpass the popularity of Oswald.

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    4. He Was Mickey Mouse’s Voice Actor

    Mickey Mouse initially appeared in a short film called “Steamboat Willie” in 1928, which was one of the first cartoons to employ synced sound effects. Mickey Mouse clubs, goods, and a comic strip were all created as a result of the rodent’s rapid rise to fame.

    Steamboat Willie
    Steamboat Willie

    A year later to that, a voice was given to Mickey mouse in the tone of Walt. “The Karnival Kid,” was said in the tone of Walt. The actual reason behind having his own voice for Mickey Mouse was that Walt was quite dissatisfied with any other tried voice for Mickey.

    Walt was not fully agreeing with any other character sound imitating his phrase “Hot dog, hot dog”. So he went up to take the charge and gave his own contribution to the voicing of Mickey Mouse. He continued to do that until 1947  with the last work as “Mickey and Beanstalk”. After that Walt stated that he was too busy to do it.

    The famous scene responsible for Walt Disney to voiceover of Mickey Mouse
    The famous scene responsible for Walt Disney to a voiceover of Mickey Mouse

    5. Disney Land Has a Secret Apartment for Its Real Owner – Walt Disney

    It is, in fact, still visible over the fire station. Walt’s private abode is rarely available to the public, but VIPs are given visits on occasion. The abode is kept the same as before with no change in its construction or things kept inside it. Even for consideration, there still stands a lamp kept on the window that is visible from the street.

    Walt Disney Lamp
    Walt Disney Lamp

    As for belief, it is made a routine to keep that lamp always on. The lamp indicates the presence of Walt in the park.

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    6. Walt Disney Worked for the Government by Encouraging Them Through Propaganda Films During WW2

    During WWII, Disney employees developed educational films for a variety of federal agencies, including “The New Spirit,” a 1942 animated short commissioned by the Treasury Department to encourage citizens to pay their income taxes as a method of supporting the war effort.

    The picture, starring Donald Duck, was seen in hundreds of theatres and was even nominated for an Academy Award. The Disney studio also generated free-of-charge training films for the American military and over a thousand insignia for military units, with designs based on both old and new Disney characters.

    The New Spirit
    The New Spirit

    Although Walt was first hesitant to risk damaging his image as a non-political entertainer by making overtly political works, his crew finally produced animated pieces like 1943’s “Der Fuehrer’s Face,” which mocked the Nazis and included Donald Duck once more. Walt was also inspired by reading Major Alexander de Seversky’s 1942 best-seller “Victory Through Air Power.”

    Victory Through Air Power
    Victory Through Air Power

    In order to gain support for the book’s contentious beliefs regarding the strategic long-range bombing, he chose to adopt it as a 1943 live-action-animated feature film of the same name, propelled by his own patriotism. The picture was seen by both President Franklin D. Roosevelt and British Prime Minister Winston Churchill, and it is said to have left an influence on both of them.

    7. Disneyland Was Conceived as a Small-Scale Project as First

    The fragment for creating Disneyland somewhere belongs to the visits made by Walt Disney to the various amusement parks, especially with his daughters. At first, Walt wanted to create a small tourist attraction point.

    More precisely, he wanted to create an entertainment place for all those people who used to come to visit him. With the introduction of the idea, Disney purchased 160 acres of land near his studio Anaheim.

    The purchase was done in 1953 with its construction started in 1954. Apart from these, Disneyland was successfully launched in 1955. The introduction of the uniqueness of Disney was carried out by Walt during a television press broadcast by ABC  Television Network.

    8. Walt Disney Created History by Winning the Highest Number of Academy Awards

    Walt Disney standing with all of his oscar trophies
    Walt Disney has the highest number of Oscar win

    Disney is too famous in almost all parts of the world. Undoubtedly, the popularity earned by Disney has actually led it to achieve many successful awards and nominations.

    In fact, Disney holds the record for possessing the most individual Oscar wins and nominations (22) when counted in the whole history of academy awards (59).

    A poster of Flower and Trees
    Flower and Trees

    The first award appreciation owned by Walt was for “Flower and Trees”. The highlight for the same was that it used the new three-strip Technicolor technique, to stand out in the best short subject (cartoon) category at the fifth Academy Awards ceremony (1932). Coincidentally, Disney was recorded to win the same award for the following consecutive seven ceremonies.

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    9. Walt Loved Trains

    Trains have long been a source of curiosity for the renowned filmmaker. Walt’s father and uncle both worked on railroads, and as a teenager in Kansas City, he sold newspapers and snacks on trains for a short time.

    Another matching point between the train and Walt was that Walt learned about losing the right over his own cartoon creation Oswald the Lucky Rabbit was also informed to him on his train journey only.

    After that, Walt began working on the character that would become known around the globe as Mickey Mouse (contrary to popular belief, Walt did not have a pet mouse on which to base Mickey) on the train only. Later, as a method to relax from the stress of his job, Walt built extensive model train sets.  

    Walt found a unique yet therapeutic measure to get him distressed. He went on to build himself a steam locomotive at the end of 1940. Apart from that, after entering his new home in 1950, Walt again laid a half-mile of rails especially for his trains and around the property owned by him.

    Walt Disney Train in his backyard
    Walt Disney Train in his backyard

    He used to dress up as a train engineer and give tourists rides on his Carolwood Pacific Railroad, which was named after the street where he resided. His love of railways is evident in Disneyland, which has had its own railroad since its inception in 1955.

    Conclusion

    Walt Disney was a man full of talents. He was and is still counted amongst the great legends who are remembered and recognized due to their talents in the world. Walt Disney was counted as an artist, producer, cartoonist, and many other similar jobs. The 10 most intriguing facts about him are shared above.

    FAQs

    Who created Mickey Mouse?

    Mickey Mouse is an animated cartoon character invented by Walt Disney in the year 1928.

    Who owns Disney world now?

    Disney World is currently owned by “The Walt Disney Company”.

    What is Walt Disney’s full name?

    Walt Disney’s full name was Walter Elias Disney.

    Who was the first Disney character?

    The first Disney character was Oswald the Rabbit.

  • Top 8 Interesting Facts About Dunzo That You Might Not Know About

    Everyone loves when the requested commodities arrive just in front of you, without any hassle of going outdoors to buy. That’s why Dunzo, a micro-market Indian startup company, bestows online consumer services such as pick up and drop, online location discovery, online ordering, Travel services, Local couriers, and other essential deliveries. Is it astounding, to get whatever you want at your doorstep with the help of Dunzo?

    Pertinently, Dunzo was founded by Kabeer Biswas and later collaborated with his friends Mukund Jha, Ankur Agarwal, and Dalvir Suri to dilate the company’s services. That’s when Dunzo was launched in July 2014 as a small hyper-local service in the WhatsApp group which has now enhanced as one of the best delivery services in India.

    People adulated Dunzo for arranging a user-friendly experience by connecting throughout the user journey. Dunzo ultimately became a combatant service among Amazon, Flipkart, Swiggy, Zomato, Bigbasket, and Grofers.

    Moreover, the company is ranked 4,022 whereas its global rank for the last three months is 67,116, and grown worth 1 billion dollars in the past two years since its commencement.

    Let’s look at some of the unknown facts about the largest HLD business Dunzo.

    1. Google’s First direct Investment
    2. Dunzo Partnership With PepsiCo
    3. Dunzo Was Started as a Whatsapp Group
    4. Dunzo Follows Hyper-Local Delivery Model
    5. Dunzo Partnership With GooglePay During COVID
    6. Dunzo Delivers Anything to Everything
    7. A User-Friendly Dunzo App
    8. Distance-Based Pricing

    1. Google’s First direct Investment

    In 2017, Dunzo became Google’s first direct investment in India and led investors by financing 12 million dollars in the Series E funding round, while the Dunzo company plotted to enlarge its hyperlocal online service.

    Till now, it is estimated that Google has invested around 40 million dollars. On note of it, the company has become worth 75.4 million dollars in FY 2021 according to its gross merchandise value.

    2. Dunzo Partnership With PepsiCo

    Dunzo - Pepsico tie-up
    Dunzo – Pepsico tie-up

    At the time of the pandemic, Dunzo developed its partnership with the major beverages and food company- PepsiCo India. Besides, Dunzo initiated the success of the partnership with PepsiCo by launching their exclusive brands such as Lay’s, Doritos, Quaker, Kurkure, and beverages.

    3. Dunzo Was started as a Whatsapp Group

    In 2015, Dunzo began its business through WhatsApp by taking small steps and ultimately becoming a massive success and the largest hyper-local delivery service in India.

    During 2016, the company received 500 orders a day via WhatsApp, but as of today, they attained over 2 million transactions in a month, resulting in 40 times growth in India.

    4. Dunzo Follows Hyper-Local Delivery Model

    The company functions in eight major metropolitan cities – Bangalore, Delhi, Gurugram, Pune, Mumbai, Jaipur, Chennai, and Hyderabad. Moreover, Dunzo renders on-demand delivery services via an app, which made convenient and nifty for customers.

    Dunzo runs as a Hyperlocal Delivery Business model by engaging on-demand services, delivering medicine from the pharmacy to the patients, as well as courier services. Furthermore, it acts as a guide to people in tracking online locations and delivering ordered items by the customers.

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    5. Dunzo Partnership With GooglePay During COVID

    Dunzo Partnership with Google Pay
    Dunzo Partnership with Google Pay

    If you are a person living in a city where Dunzo service is available, you might have used it after the pandemic started in March 2020. Well, I did it to get college books from my seniors. And if you are an ardent user of Google Pay you would have come across the feature to order groceries and medicines through Dunzo. This partnership has been a success for both parties in terms of an increased user base.

    6. Dunzo Delivers Anything to Everything

    Using Dunzo, users can deliver packages from one place to another; purchase services from merchants that have tie-ups with Dunzo; pick-up and drop-off services; offer delivery services like grocery delivery, medicine delivery, laundry delivery;  bike taxi, and bike pool services.

    Dunzo website showing services enabled by Dunzo
    Dunzo website showing services enabled by Dunzo

    Purchase of medicines from a pharmacy using the app requires a doctor’s prescription to be accepted as a task.  

    Dunzo is against users initiating tasks that are illegal, immoral, unethical, and unsafe like narcotic drugs, alcoholic beverages, etc.

    7. A User-friendly Dunzo App

    Dunzo App
    Dunzo App

    The Dunzo app has been user-friendly in terms of fulfilling the tasks of its users quickly and accurately. The chat interface in the app allows the users to converse with the partner who is paired to complete the task.

    Using this feature, the user can add new tasks, edit or cancel them and images can also be shared of the product if the user’s need is specific or the partner can share the image of the product to finalize with the user before purchase.

    Therefore, Consumers can order anything from a store through the Dunzo app or portal, where the ordered products will be delivered by the Dunzo member at their doorstep.

    And also Dunzo even makes courier services, where they pick the particular item from the pickup person’s address and deliver it to the correct destination.

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    8. Distance-Based Pricing

    Dunzo charges its customers based on the distance covered and the time spent at a shop. The lowest task price is Rs. 45 that is Rs. 45 for 3 Km and the price increases to Rs. 15 every other Km after. And the average rate for a task is Rs. 75.

    The pricing model selected by Dunzo provides much savings to its users and is beneficial for shopping and delivery as it saves and works with a minimal amount of money.

    Conclusion

    “I will Dunzo it to you” is a common phrase among people especially the younger generation who live in cities where the service is available. Even though the delivery app has made people lazier by doing their tasks for them we cannot ignore the fact that the platform was a major life-saver during the pandemic and for office-goers with a hectic schedule by performing simple tasks for them.

    Dunzo had grown as a major business in 2020 by having an average of 4x order value during the COVID crisis. Dunzo has grown 40x in the past two years and is growing at 10-15 percent every month and it raised $40 million from its investors in January 2021.

    Dunzo’s success isn’t a fairytale but a success due to understanding the needs of people in these changing times.  

    FAQs

    What is unique about Dunzo?

    Dunzo is a hyper-local on-demand multi-delivery service app working towards fulfilling the requirement of anything and everything. It allows its users to get access to anything and everything as per their demand.

    What is the mission of Dunzo?

    The mission of Dunzo is stated as “to be the logistics layer of every city.”

    What is the tagline of Dunzo?

    The tagline of Dunzo is “Let’s Dunzo It”. It stands for transporting anything from one to another as per user demand.

    Who is the target audience for Dunzo?

    The target audience for Dunzo is considered as anyone who owns a smartphone.

    Who invented Dunzo?

    Dunzo was invented by the joint efforts of Kabeer Biswas, Ankur Agarwal, Dalvir Suri, and Mukund Jha in July 2014.

  • Top 10 Interesting Facts About Elon Musk You Might Not Know

    Elon Musk is famously known for Tesla, SpaceX, Neuralink and The Boring Company. Who can forget his weird tweets that shake the Bitcoin market? He has a habit of getting into the news.

    Recently, Musk was again in the spotlight for buying Twitter worth $44 billion. Musk had a rollercoaster ride in the past before becoming an icon. Although many people don’t know a lot of interesting things about this multi-billionaire. If you are one of them then this article is a must-read for you. Today, we bring the top 10 interesting facts about Elon Musk that you have not heard until now.

    1. Elon Musk Tried to Sell Tesla to Google
    2. Apple Got an Opportunity to Buy Tesla
    3. Travelling at the Top Speed of 750 Mph in a Floating Pod
    4. Turned his House into a NightClub to Pay For Rent
    5. Elon Musk Dropped out of Stanford
    6. Elon Musk’s First Startup
    7. Invented a Space-Themed PC Game at the age of 12
    8. Bought a James Bond Submarine Car for $997,000
    9. Started his Own School in SpaceX for his Children
    10. Robert Downey Jr Met Musk for Inspiration

    1. Elon Musk Tried to Sell Tesla to Google

    Elon Musk is popularly known for Tesla. The company which is producing futuristic electric cars is now making billions of profit. But, could you imagine Tesla being in the hands of Google today?

    In 2013, when Tesla was nearly bankrupt Elon Musk tried to sell the electric automobile giant to Google. Musk was an old friend of Google CEO Larry Page. So, he asked his friend to buy Tesla for $6 billion.

    Musk also had some other demands like Google would additionally provide $5 billion for factory expenses. He also demanded a guarantee from Google that they won’t shut down the company unless they make a third-generation electric car. Musk also wanted to run the company as its head for eight years.

    Although this deal never really happened. If Google had bought Tesla then Musk would have made so much loss that you can’t even imagine.

    2. Apple Got an Opportunity to Buy Tesla

    Elon Musk also tried to sell Tesla to the tech giant Apple too. In 2018, during the Model 3 program Musk was facing a massive production issue. At that time Musk tried to have a meeting with Apple boss Tim Cook to discuss if they can buy Tesla (for one-tenth of the current value). Although Tim Cook refused to have a meeting.

    3. Travelling at the Top Speed of 750 Mph in a Floating Pod

    Hyperloop
    Hyperloop

    The concept is known as Hyperloop. In 2013, Musk popularised this concept by publishing it in a white paper. Hyperloop is an ultra-speed ground transportation system which consists of sealed and partially evacuated tubes and passengers travel in pressurized vehicles, popularly called pods. These pods don’t have regular wheels and instead float on air skis.

    4. Turned his House into a NightClub to Pay For Rent

    In 1992 Musk was studying at the University of Pennsylvania on scholarship. During that time he and his roommate, Adeo Ressi, rented a house off-campus and turned it into a NightClub and charged $5 per person. They would have 500 people which means that the party was done on a large scale. Ressi said that Musk wasn’t a big drinker and instead used to play games alone in his room.

    Elon Musk with his friend Adeo Ressi
    Elon Musk with his friend Adeo Ressi

    5. Elon Musk Dropped out of Stanford

    In 1995, when Musk was 24 years old he entered Stanford for PhD program in physics. Although within 2 days he dropped out of Stanford. He felt that the internet has a lot more power and that’s why after dropping out he launched his first company Zip2.

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    6. Elon Musk’s First Startup

    In 1955, Musk with his brother Kimbal launched their first Startup: Zip2, online web software that created online city guides for newspapers. Compaq Computer Corporation bought this company for $350 million.

    Zip2 Logo
    Zip2 Logo

    In 1999 Musk used some of this money to develop X.com, an online bank. In 2001 the company was renamed PayPal. Later, in 2002 eBay bought this company for $1.5 billion. Although in 2015, PayPal became an independent company.

    7. Invented a Space-Themed PC Game at the age of 12

    Blaster Game by Elon Musk
    Blaster Game by Elon Musk

    Elon Musk was obsessed with space from his childhood itself. At the age of just 12, he made a code for a space shooter PC game named ‘Blaster’. He sold the game code for $500 to a PC magazine.

    8. Bought a James Bond Submarine Car for $997,000

    Lotus Esprit
    Lotus Esprit

    In 2013, Elon Musk bought James Bond’s classic submarine car, Lotus Esprit for $997,000 at a London auction. This car was featured in the film, ‘The Spy Who Loved Me’. In the movie, the car transforms into a submarine and fires missiles.

    When Elon got to know that the car in reality doesn’t turn into a submarine he was disappointed. Musk said that he will integrate a Tesla electric powertrain into the car and make it transform into a submarine for real.

    9. Started his Own School in SpaceX for his Children

    Musk felt that the regular schools were not training the students in the right way. He feels that students should be taught about problem-solving. In 2014, Musk started his own school in SpaceX named ‘Ad Astra’, Latin for ‘to the stars’.  SpaceX employees’ children can also study in this innovative school.

    In this school students are not grouped according to their age. Musk said that every student has a different aptitude and abilities and that’s why education should cater to their needs instead of forcing them to learn at the same speed as other students. There is no grading system and everything is taught in a form of games.

    10. Robert Downey Jr Met Musk for Inspiration

    Elon Musk in Iron Man 2
    Elon Musk in Iron Man 2

    When Musk made his MCU debut in Iron Man 2 people speculated that Musk was the inspiration for Tony Stark. This is because Robert Downey Jr’s character has a lot of resemblance to Elon Musk. Both of them are multi-billionaires who are freaking geniuses.

    Although Iron Man director Jon Favreau cleared these rumours by saying that the character of Iron Man is based on comics. Robert Downey did meet Musk to know how it would feel like to be a real-life Tony Stark. Both of them had a chat and discussed different interesting things. The scene where Tony Stark meets Musk was shot in SpaceX.

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    Conclusion

    We hope that you got to know some unknown interesting facts about Elon Musk. The guy had done so many weird and incredible things before becoming a multi-billionaire. Tell us in the comments which interesting fact about Musk fascinated you the most and did we miss out on any other fact.

    FAQs

    How did Elon Musk get so rich?

    When Elon Musk sold PayPal to eBay he secured a $100 million payout which is used to start SpaceX and then later joined Tesla.

    How much money does Elon Musk make?

    The net worth of Elon Musk in 2022 is  $273 billion which means he earns an average of $432 million per day.

    How smart is Elon Musk?

    Elon Musk has an IQ of between 150 and 155. To up in this perspective, Albert Einstein had an IQ of 160. This shows that Musk is very intelligent.

    What did Elon Musk invent first?

    In 1955, Musk with his brother Kimbal founded Zip2, online web software that created online city guides for newspapers. This company was sold for $350 million to Compaq Computer Corporation. Musk then founded X.com, an online bank which later became PayPal. In 2002, eBay bought this company for $1.5 billion. Although in 2015, PayPal became an independent company.

  • 12 Interesting Facts about Apple You Never Knew Before

    Everyone is fascinated by the multimillion-dollar Apple company. The fact that no other electronics company has a fan base larger than Apple, is noteworthy. Apple is a brand, a symbol of high standard and elegance used by several pop stars. The exorbitant price tags of Apple products do not deter its customers from buying them.

    Read on to find out the hidden facts dug up from the archives of Apple’s past.

    People thought Apple sold organic products
    Steve Jobs primarily wanted the original iPhone to be used as a regular phone
    The First Apple Logo Featured Isaac Newton
    The Apple I Costed around $666.66
    Apple has a ‘No Smoking’ policy near its products
    The Name "Mac" Was Inspired by an Apple
    Apple is extremely successful
    Apple Watch was intended to be Rectangular
    Apple sold more watches in 2019 than the whole Swiss watch industry
    Apple made a $17,000 sold Gold Apple Watch
    The Name "iPod" Was Inspired By 2001: A Space Odyssey
    The First iPod Had A Secret Easter Egg
    FAQ

    People thought Apple sold organic products

    When the company had just launched, people thought the name ‘Apple’ came from founder Steve Jobs and resembles the organic product. In truth, it was only the fruit that Jobs was very fond of and named the company after that.

    Steve Jobs primarily wanted the original iPhone to be used as a regular phone

    Because of the ease of texting and social media integration, it’s not an exaggeration to say that the iPhone transformed cellphones into highly functional mini-computers. Although it may come as a surprise, the original iPhone was designed primarily as a phone.

    The absolute first Apple logo highlighted Sir Isaac Newton sitting under a tree, with an apple going to hit his head. The Newton logo was shaped by the less acknowledged Apple founder Ronald Wayne.

    Apple First Logo
    Apple First Logo

    The rainbow apple, planned by Rob Janoff, replaced Sir Isaac and was in use for a long time until the new monochromatic logo came out.

    The Apple I Costed around $666.66

    Apple’s customers aren’t deterred by its high prices. Apple PC prices have skyrocketed in recent years, causing concern among many apple buyers. Even today’s 17-inch MacBook Pro or MacBook Air are more expensive than the first Apple PC.

    Apple First Computer
    Apple First Computer

    The Apple I was evaluated at $666.66, as Steve Wozniak once clarified at a news conference, “I was into repeating digits,” he said and clarified that the discount cost to stores was $500, and adding a third to get the retail cost made it around $667, which Woz changed to every one of the one rehashing digit — $666.66 — “was only simpler to type.”

    Apple has a ‘No Smoking’ policy near its products

    Mac has a “no smoking” policy in regards to their PCs. As ludicrous as it sounds, yet if you smoke while using an Apple PC, you void the guarantee – you’ve been cautioned!. Apple has would not fix the PCs of buyers that were found to have tar soot from cigs, proclaiming it a “biohazard” to its employees.

    The Name “Mac” Was Inspired by an Apple

    Where did the name “Mac” come from? Apple representative Jef Raskin is liable for instituting the machine after his #1 assortment of apples, insightfully tying the entire natural product topic together. Mac was only a code-name.

    In any case, Raskin unmistakably knew a decent name when he generated it, as Macintosh just had a lot of strength and adhered right to the end of the product cycle.

    Apple is extremely successful

    Apple has twice the amount of cash as the U.S. Depository!. Apple is effective to such an extent that in the primary quarter of 2014, it got more cash flow than Amazon, Google, and Facebook consolidated. Around $150 billion of Apple’s excess capital is held in bank accounts. Netflix, Twitter, Tesla, and Facebook, for example, are all possible targets for acquisition by the organization.

    Apple Watch was intended to be Rectangular

    Apple Watch
    Apple Watch

    Round cases bode well for watches throughout the globe. Yet, Apple went the opposite way and made the Apple Watch rectangular. Until this point, Apple Watches have a rectangular touchscreen face with adjusted corners and a turning crown button for scrolling over.

    Apple sold more watches in 2019 than the whole Swiss watch industry

    The Apple Watch surpassed the whole Swiss watch industry in 2019, as per research firm Strategy Analytics. As indicated by the UK-based counseling firm Strategy Analytics, Apple sold 30.7 million watches in 2019, contrasted with 21.1 million sold by the Swiss Watch industry.

    Although Swiss watches are luxurious and have several buyers of their own, Apple watches have occupied a special place in the market.

    Apple made a $17,000 sold Gold Apple Watch

    Apple 18-Karat Gold Watch
    Apple 18-Karat Gold Watch

    Close by the original Apple Watch what began at $349, Apple additionally disclosed a watch evaluated at $17,000. The very good quality “Release”, was valued somewhere in the range of $10,000 and $17,000 and was produced using custom composites of rose or yellow 18-karat gold. The “Release” watch was designated at the Chinese market.

    The Name “iPod” Was Inspired By 2001: A Space Odyssey

    Sharp publicist Vinnie Chieco is acknowledged for thinking of the iPod name as a component of a new gadget. The story goes that Jobs had effectively chosen the MP3 player’s slogan was to be “1,000 tunes in your pocket,” which left naming choices open since it wouldn’t need to expressly allude to something music-related.

    The First iPod Had A Secret Easter Egg

    Apple Breakout Game
    Apple Breakout Game

    Mac’s first iPod accompanied somewhat secret — an Easter egg — as a game that could be gotten to if you knew the right blend of catches to press.

    Go to the ‘About’ menu, hold down the middle catch for around three seconds, and you’ll get a Breakout (Pong) game to play while you tune in.”

    Breakout, the secret game itself, is eminent in Apple’s set of experiences when Steve Jobs and Steve Wozniak worked together where legend has it Jobs cheated Wozniak out of thousands of dollars of bonus money.

    FAQ

    How much is Apple in debt?

    According to the Apple’s most recent financial statement, total debt of the company is at $112.04 billion, with $99.28 billion in long-term debt and $12.76 billion in current debt.

    What is Apple’s net worth?

    The total net worth of Apple is $2 Trillion in 2021.

    What is Apple’s slogan?

    Apple’s slogan is “Think Different” which is one of the most recognizable slogans of the 21st Century. The idea was first introduced in the 1997 TV commercial.

  • 10 Interesting and Unknown Facts About Wipro

    If you are struck with any startup reminiscence, then you will ferret for some reputed capital venture who could listen to your ideas right? But what if you are a part of Wipro where you can access its business services, consultation and digital marketing?

    Moreover, I will be a mentor or business solution to you. It would be stupendous to be a part of Wipro- Western India Vegetables Products Limited, an Indian multinational corporation that originated in Bangalore by Muhammed Hasham Premji.

    The company commenced in 1945 and attained many achievements from being a beginner to a virtuosity enterprise. Wipro bestows Business consultation, IT services, Outsourcing, business investor and also opened its healthcare services. So, extrapolate, Wipro is an all-around business solution corporation that focuses on enhancing entrepreneurs as well as generating employees.

    Interesting Facts About Wipro

    1. Wipro is third largest Indian IT Company
    2. Wipro was set up as a manufacturer of vegetable and refined oil
    3. Azim Premji’s rank was dropped from 2nd to 17th position by donating
    4. Wipro Employment rank
    5. Leadership at the age of 21
    6. Wipro became the First software technology & services company to be certified
    7. Wipro ranked 1st in the Asian Sustainability Rating of Indian companies
    8. Highest rating of stakeholder value
    9. Forbes Global 2000 list
    10. Secure most ethical company for the 10 consecutive years

    Wipro is third largest Indian IT Company

    Wipro has been operating since 1945 and ultimately engrossed many Indian businesses for its excellent services, which is highly based on vegetable and advanced oil products.

    As of 2021, Wipro accomplished the third position as the largest Indian IT services firm with its net capital of 1.65 trillion by overruling HCL Technologies capital.

    Besides, Wipro never reneged in astounding us with its new plans, whereas now Wipro corporation set to achieve zero Greenhouse gas emission. In the other words, they have targeted to reduce 55 % of GHG by 2030, apprehending global warming and climate change.

    Wipro was set up as a manufacturer of vegetable and refined oil

    Wipro Company Products - Vegetable Oil
    Wipro Company Products – Vegetable Oil

    Some people sound implausible, if I say Wipro is basically operated as a vegetable and refined oil company, but it’s credible. Wipro built a refined oil manufacturer under the brand names- Kisan, Sunflower and Camel in Amainer, Maharashtra during British rule.

    Furthermore,’ it is proven that Wipro is the acronym of Western India Palm Refined Oil Limited.

    Azim Premji’s rank was dropped from 2nd to 17th position by donating

    Azim Premji - Founder of Wipro
    Azim Premji – Founder of Wipro

    In 2018, Azim Premji secured 2nd rank according to the Forbes India Rich List, and consecutive year, he dropped to 17th position among 100 Richest Indians 2019.

    You would be wondering why there is a gradual fall? Because Azim Premji being a philanthropist, donated 13.1 million to poor people in India. According to the report, it is stated that Azim Premji, owner of Wipro obtained the second rank in Forbes Richest Indian 2018 with $21 billion in his account. Later the next year, he dropped to 17th rank with a net worth of 7.2 billion in 2019.

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    About Wipro Company

    Wipro Employment rank

    US-based Association of Diversity council, Wipro was the first Indian corporation to be awarded the 2nd rank for employee diversity in 2011, with 120,00 employees of 74 nationalities in 54 countries.

    Leadership at the age of 21

    If a big company was handed it over to you at the age of 25, what would you do? Of course, you will be wondering if someone could help you. But this huge enterprise which has been the talk of the town since 1945 was entrusted to a 21-year old boy Azim Premji. Yes, after Muhammed Premji, his dad passed away, he took over the company Wipro as its chairman in 1966.

    Wipro became the First software technology & services company to be certified

    In February 2001, Wipro became the first software technology and services company in India to get ISO:14001 certification for complying with the international standards for Environmental Management System (EMS) in three major software development and technology centres situated in Bangalore.

    Wipro technologies became the world’s first company that has a PCMM level 5 and SEI CMM level 5 certification.

    Wipro ranked 1st in the Asian Sustainability Rating of Indian companies

    Wipro Limited was ranked 1st in the Asian Sustainability Rating (ASRTM) of Indian companies in 2010 and scored 5th ranking among Asian companies. The ASRTM is a benchmark tool for Environment, Social and Governance (ESG) which is developed by CSR Asia and Responsible Research.

    The ASRTM ranking is calculated based on sustainable indicators in four different categories: General, Environment, Social and Governance of companies irrespective of the sector in which they belong and the ranking is calculated only on publicly available information for non-biased judgement.

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    Highest rating of stakeholder value

    In 2004, Wipro became the first to get the highest category ‘SVG1’ rating from credit rating agency IRCA for stakeholders value creation and government practices. This rating signifies the sound corporate governance practices of Wipro.

    The Bangalore based company retained the top position in stakeholder value ranking in 2009 and 2012. The ranking was given on the basis of improving transparency and disclosure standards, the company’s satisfactory relationship with key stakeholders, the high promoter holding in the company, strong internal audit system, etc.

    Forbes Global 2000 list

    Wipro stood in 769th position in the Forbes Global 2020 list of 2021, where sales is at 1214th rank, profit annually earned at 460th position and the market value of Wipro estimated at 518th position in the Global 2000 list.

    Moreover, According to the Forbes Global list, Wipro has been ranked at 193rd rank for World’s Best Employers 2019, Top regarded Companies in 2019 which secured the 168th place, Being the top multinational performers Wipro gained the position 119th in 2017 and awarded 441st rank for America’s best employers in 2017.

    Secured most ethical company for the 10 consecutive years

    Being constant in your heyday must be astounding right? Then guess what? Wipro was recognised as World’s most ethical company for 10 consecutive years in succession by the Ethisphere Institute.

    It is stated that Wipro is a company of unwavering commitment to integrity, fairness and transparency backed by strong values which came out that Wipro is a reputed global wide trusted company so far now.

    Conclusion

    Wipro is a globally recognized business organisation, which is quite known for business solutions, consultation, healthcare, employment and all-rounder business services.

    Wipro originated in Bangalore, Karnataka in India by a normal human named Mohamed Premji. Haplessly, the throne was given to his son Azim Premji at the age of 21 after his short life span. Azim Premji developed Wipro into a Multinational company by generating its best services to the users in terms of aiding business consultation, employment opportunities, Outsourcing, technology, capital venture etc.

    FAQs

    Who is the founder of Wipro?

    Muhammed Hasham Premji founded Wipro in 1945 as a cooking oil company.

    Who is the CEO of Wipro?

    Thierry Delaporte is the CEO of Wipro since 2020.

    Is Wipro an Indian company?

    Yes, Wipro is an Indian company founded by Hasham Premji in 1945.

    What is full form of wipro?

    The Full form of WIPRO is Western India Palm Refined Oil Limited.

    What are Wipro company products?

    The products of Wipro include:

    • Skincare products
    • Male grooming products
    • Toiletries
    • Wellness products
    • Household products
    • Electrical wire devices
    • Domestic and commercial Lighting

    What is the first product of Wipro?

    Vegetable oil is the first product of Wipro.

    Which companies are under Wipro?

    The Wipro subsidiaries are divided into four different parts:

    • Wipro Limited
    • Wipro Consumer Care and Lighting
    • Wipro Infrastructure Engineering
    • Wipro GE Medical Systems Limited.

  • Top 20 Facts About McDonald’s You Might Not Know About

    McDonald’s has been with us through the good, the bad and the ugly. It is a big, warm hug made and served in the form of burgers and fries. Established in 1940, initially as a Hamburger stand, McDonald’s today is the most renowned and dominating fast-food chain in the world. It has one of the largest brand valuations in the world as of 2020 and still continues to grow larger and larger day by day.

    There is nothing better than chowing down on a big, juicy McDonald’s burger after an exhausting day to bid your feelings a happy and delicious goodbye, isn’t it? Well, here we are with 20 bizarre facts about McDonald’s that will shock you and may or may not make you crave a BigMac right now.

    1. McDonald’s Has Royal Connections
    2. Holier Than Thou
    3. Fries and Fries and Fries
    4. Bill and His Farms
    5. Bigger Than a Country
    6. Unique Paris
    7. Burgers Over Salads
    8. Money, Money All-Around
    9. MacCoins
    10. Lucky Germans
    11. Biggest Of Them All
    12. Toys All-Around
    13. Movies Before Burgers?
    14. Star-Studded Employee Profiles
    15. The Hamburger University
    16. BigMac Index
    17. No Beef on the Menu?
    18. Largest Employer
    19. McRib Is Not a Rib
    20. Recipe Change for Fries?

    1. McDonald’s Has Royal Connections

    McDonald's in Crown Estate
    McDonald’s in Crown Estate

    Her Royal Highness, Queen Elizabeth owns a McDonald’s outlet not so far away from her humble abode, the Buckingham Palace. Who knew that even the most royal of hearts could be swayed by our cheap, evergreen delight!

    2. Holier Than Thou

    McDonald’s Arches
    McDonald’s Logo

    The McDonald’s arches around the world enjoy more popularity and recognition than the Holy Cross. We apologize, Pope Francis.

    3. Fries and Fries and Fries

    McDonald’s Fries
    McDonald’s Fries

    French fries, one of the oldest items on the McDonald’s menu, are the most popular menu item at the fast-food chain. McDonald’s buys 4.7 billion dollars worth of potatoes and sells around 13 billion servings of fries every year.

    4. Bill and His Farms

    Bill Gates is the largest private farmland owner in all of the United States and the potatoes that he grows are the ones used to make our beloved Mcdonald’s French fries.

    5. Bigger Than a Country

    McDonald’s is present in 37,000 locations and serves about 69 million customers daily, which is more than the population of Great Britain.

    6. Unique Paris

    McDonald's in Paris
    McDonald’s in Paris

    Paris is the only place in the world where the infamous McDonald’s arches are not of their signature golden colour. In fact, they are white!

    7. Burgers Over Salads

    McDonald’s Caesar salad
    McDonald’s Caesar salad

    The McDonald’s Caesar salad is more fattening than their hamburger! While the hamburger has more calories, the Caesar salad has more fat, particularly because of the dressings.

    8. Money, Money All-Around

    McDonald’s, accumulating all stores and customers around the world, makes around 75,000,000 dollars per day.

    9. MacCoins

    MacCoins
    MacCoins

    To mark the 50th anniversary of the BigMac, McDonald’s launched limited edition MacCoins which were given to customers if they purchased a BigMac.

    10. Lucky Germans

    McDonald’s Burger and Beer
    McDonald’s Burger and Beer

    McDonald’s in its German outlets offers beer as a menu item, a rarity only the Germans enjoy.

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    11. Biggest Of Them All

    McDonald’s has a special name in the market when it comes to fast-food chains in the world. It serves over 75 burgers every second to more than 68 million customers every day. It is known that McDonald’s opens a restaurant every four hours.

    12. Toys All-Around

    McDonald's Happy Meal
    McDonald’s Happy Meal

    McDonald’s is the biggest distributor of toys in the entire world. Every Happy Meal comes with a toy and the Happy Meals account for about 20 percent of the McDonald’s entire product sale.

    13. Movies Before Burgers?

    McDonald's Speede Service System
    McDonald’s Speede Service System

    Richard and Maurice McDonald started the food chain as a Speedee Service System in 1948 after having failed at making a career in Hollywood.

    14. Star-Studded Employee Profiles

    It is hard to believe but some really famous people, before becoming celebrities, have worked at McDonald’s like Rachel McAdams, Pink, Jay Leno, Lin-Manuel Miranda and Shania Twain.

    15. The Hamburger University

    Hamburger University
    Hamburger University

    Yes, you heard that right! There is a university called Hamburger University in Chicago, Illinois. If you need information and training on how to open and run a successful franchise, this is the place to be!

    16. BigMac Index

    There is a thing called a BigMac Index, it is often used to measure a country’s purchasing power parity. Economists use it by comparing the cost of a BigMac in different countries using a common currency. Switzerland has the most expensive BigMac in the world.

    17. No Beef on the Menu?

    McDonald’s in India does not serve beef or pork, a special rarity only for Indians. It instead offers chicken on most of its meat menu.

    18. Largest Employer

    McDonald’s is the second-largest employer in the world, it has around 1.7 million people working for it. It is known that every 1 in 8 Americans has worked at a McDonald’s once in their life.

    19. McRib Is Not a Rib

    McRib
    McRib 

    McRib is not a rib at all, it is made up of the animal’s heart, stomach and tripe. It is all bound together by salt and water, which then gives it the illusion to look like an animal rib.

    20. Recipe Change for Fries?

    McDonald’s changed the recipe for the French fries in 1992. Before that, the fries were cooked using beef tallow but after a lot of external pressure against the beef tallow, McDonald’s started using vegetable oil instead.

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    FAQs

    What is McDonald’s known for?

    McDonald’s is one of the biggest and most popular American fast-food chains famous for its burgers and fries

    How many McDonald’s are there in the world?

    There are 37,000 McDonald’s locations around 120 countries in the world.

    What is McDonald’s most sold item?

    French Fries are the most sold item in McDonald’s. McDonald’s sells around 13 billion servings of fries every year.