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Spinny’s Success Story – The Tech-Driven Startup Transforming Car Ownership

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Though some of us still want to go for a first-hand experience of things, a significant number of people opt for used products instead of new ones, especially when it comes to the purchase of vehicles.

Our financial conditions have taken a tumble since the outbreak of the coronavirus pandemic, but new cars are getting costlier each day. Furthermore, as ironic as it is, the quality of these cars and their average lifespan are going down equally. Besides, for first-time buyers, going for used cars is always better as a decision. All of these reasons have boosted the sales of used cars.

Buying used cars in India is not at all pain, but all gain today! This is primarily because of the growing used car space in India, which is dominated by promising startups that are equipped with the technology of the age. Spinny is one such used car startup based in Gurgaon, Haryana that is disrupting the segment of used cars in India.

Read more about the brand Spinny, all the details of the used car industry, Logo and Tagline, Founders, Startup Story, Mission and Vision, history, Employees of the company, the Business and Revenue Model, Funding and Investors, Competitors, and more.

Spinny Company Details

Startup Name	Spinny
Also Known As	Spinny Cars , myspinny, Spinny Assured Cars
Legal Name	ValueDrive Technologies Pvt. Ltd.
Headquarters	Gurgaon, Haryana, India
Industry	Automobile, Automotive
Founders	Niraj Singh, Ramanshu Mahaur, Mohit Gupta, and Ganesh Pawar
Founded	2015
Valuation	$1.67 Billion (as of December 2024)
Areas Served	India
Current CEO	Niraj Singh
Website	www.spinny.com

About Spinny
Spinny – Industry
Spinny – Logo, and Tagline
Spinny – Founders and Team
Spinny – Startup Story
Spinny – Vision and Mission Statement
Spinny – Employees
Spinny – Business Model and Revenue Model
Spinny – Funding, and Investors
Spinny – Shareholders
Spinny – Acquisitions
Spinny – Growth and Revenues
Spinny – Financials
Spinny – LayOffs
Spinny – Competitors
Spinny – Challenges Faced
Spinny – Future Plans
Spinny – FAQs

About Spinny

Spinny is a reliable platform for used cars. Powered by cutting-edge technologies, Spinny promises simple, convenient, trustworthy transactions for all the users who look to buy and sell used cars.

The company’s platform contains a list of automobiles with full details that the buyers can check out. Furthermore, it also includes a test drive with a 5-day money-back assurance, thereby allowing the car owners to sell their vehicles and potential consumers to buy cars in an easy and transparent manner.

Sellers may arrange for an evaluation and accept an offer for their vehicle. Buyers may also go through the wide range of cars that Spinny offers online, choose a car, and book a test drive. Car owners may also put their vehicles for sale on the site and receive fast bids.

Spinny eliminates the danger of buying a used car and provides users with complete peace of mind. Its multi-step filtration means that the users always have the option of selecting from a pool of certified used automobiles of the greatest quality. When a customer buys a Spinny Assured automobile, he/she will be getting a used car that hasn’t been in an accident, hasn’t had its meter tampered with, has clean records, and has been properly inspected against a 200-point checklist.

Spinny – Industry

The used automobile market in India was valued at $561.13 million in 2023 and is predicted to grow to $738.57 million by 2032, with a CAGR of 3.10% between 2024 and 2032.

As opposed to the serious aftermath of the pandemic for the new car space, the impact of the COVID-19 pandemic on the industry was negligible. The industry is expected to significantly rise as more individuals desire independent mobility and new financial alternatives are incorporated into the used automobile market. Besides, after the pandemic onslaught, consumers have been forced to search for alternatives to new automobiles, and the used car sector has a lot of room for expansion in this area. Besides, manufacture and sale have also been hampered by the pandemic, which made the purchasers quickly resort to the used automobile market.

Spinny – Logo, and Tagline

Spinny Logo

Spinny has chosen red and black as its brand colors and the logo of the brand is crisp and catching, marked with the starting letter, “S”, of the brand.

Spinny’s tagline says, “Cars you will love to buy.”

Spinny – Founders and Team

Spinny was founded by Niraj Singh, Ramanshu Mahaur, Mohit Gupta, and Ganesh Pawar in 2015.

Spinny Founders (Niraj Singh, Ramanshu Mahaur, Mohit Gupta & Ganesh Pawar)

Niraj Singh

Spinny’s Founder and CEO is Niraj Singh. Niraj Singh has also worked as a Founding Partner at Outbox Ventures in the past.

Ramanshu Mahaur

Spinny and Karmabite were co-founded by Ramanshu Mahaur, who currently serves as the co-founder and CTO of the company. He was most recently a member of Adobe’s technical staff. Ramanshu graduated from the Indian Institute of Technology in Delhi with a Bachelor’s degree in Computer Science.

Mohit Gupta

Mohit Gupta is one of Spinny’s co-founders. Prior to joining Spinny, he worked at Flipkart from 2011 to 2014, holding several responsibilities.

Ganesh Pawar

Ganesh Pawar used to be Senior Manager of Business Development in Flipkart. He, then, co-founded Spinny. Now, he is building the food FMCG business at Udaan – an eCommerce-supply chain.

Spinny – Startup Story

India’s used car industry has been getting a lot of attention for quite some years now. It is mainly due to the better value proposition that used cars offer, that more and more Indians are looking to opt for old cars than the newer ones.

However, the lack of proper information that is inherent in the process of the sales of used automobiles, the absence of trustworthy middlemen, the complexity of navigating through the variety of alternatives when it comes to buyers, and finding the correct price of the vehicles for sellers have all been roadblocks in this path.

Besides, the procedure of buying a secondhand automobile is cumbersome and overly complicated. Independents provide a wide range of rates and services to entice people to buy automobiles of dubious quality. Choosing from a pool of mint and lemon autos, for example, has a high likelihood of bad selection for a beginner. All these provided a cradle for the birth of Spinny.

Niraj Singh, an IIT-Delhi alumni, serial entrepreneur, and investor founded Spinny in 2015. His aim to alleviate young Indians’ automobile ownership woes led to the formation of the firm. Niraj invested $500,000 of his personal money into the company. He is now backed by numerous venture capital groups and has raised close to Rs 418 crore. Niraj saw a need to provide a quality experience for individuals buying used automobiles and decided to build a simple and clear platform for customers to collect information and purchase a car.

Niraj Singh, Ramanshu Mahaur, Ganesh Pawar, and Mohit Gupta embarked on a mission to develop Spinny in order to sift out the quintessential problems of annoyance and skepticism and break down the arduous procedure into a one-click solution.

Buyers may rest assured knowing that all of the cars on offer have been Spinny Certified, which means they have passed a thorough assessment by our expert inspectors. This guarantees that the buyer is fully informed about the vehicle’s condition and is making an educated selection. Buyers of Spinny-certified cars also benefit from a warranty on cars acquired via Spinny.

In addition, the organisation handles all documentation, from registration to title transfers, as well as aiding purchasers with financing their new acquisition. Spinny has finally brought actual ease and a smoother transaction to the used automobile market for both buyers and sellers.

The Spinny business initially started in Delhi NCR in 2015 and has seen quite a growth since then.

Spinny – Vision and Mission Statement

Spinny’s mission is to make car ownership accessible, simple, and delightful.

“Our goal is for the country to trust our method, believe in and enjoy our cars”, states the company’s website.

“Only four percent of people are satisfied with their experience of buying a used car. We are providing trust, transparency, and simplicity. Our aim is that the buyer should be able to purchase the car with the same confidence that he or she shows while buying a new car,” added Niraj.

Spinny – Business Model and Revenue Model

Spinny, transitioned from a customer-to-customer model to a full-stack one in which it buys, refurbishes, and sells old cars. According to the creator and chief executive officer Niraj Singh, the website sells close to 1,500 automobiles every month and is increasing at a constant pace of 15-16% month over month. Spinny hopes to roughly triple its current volume by the end of the year 2021, according to Singh.

“There was a lot more capital available, but we wanted limited dilution in this round because our burn is very limited. We don’t have a runaway problem. It was just that we wanted to add an extra layer of security and the ability to experiment more,” Singh said.

Spinny has over 2 lakh customers and works with around 1000 people in over 11 cities, with ambitions to grow to 6 more by the end of the year, 2021. It now offers used cars in the INR 4-8 lakh range but intends to expand its services to include both cheaper and higher-priced vehicles.

In 2024, Spinny startup sells over 7,000 cars each month. Spinny’s online sales have also increased by 13% to reach 70% of the total sales.

Spinny – Funding, and Investors

Spinny raised around $513.5 million in funding over the 9 funding rounds it has witnessed to date. The last funding came in the form of an undisclosed funding round from Sachin Tendulkar after the huge Series E funding round on November 24, 2021, led by Tiger Global and Abu Dhabi Growth, which helped the company join the unicorn club of Indian companies. Currently valued at over $1.67B, as of December 2024, Spinny has already become the 4th Indian unicorn startup in the used car space and the 39th unicorn startup of India to achieve a unicorn valuation in 2021.

Date	Round	Amount	Lead Investors
December 14, 2021	Funding Round	–	Sachin Tendulkar
November 24, 2021	Series E	$283M	Tiger Global, Abu Dhabi Growth Fund
Jul 9, 2021	Series D	$103.30M	Tiger Global Management
Apr 7, 2021	Series C	$65M	General Catalyst
Sep 27, 2019	Series B	$43.7M	Fundamentum
May 21, 2019	Series A	$13.2M	Accel, Elevation Capital
Nov 13, 2018	Debt Financing	$4M	Blume Ventures
Jun 6, 2017	Seed Round	$1M	Blume Ventures

Spinny – Shareholders

Spinny shareholding as of November 2024 (source: Tracxn):

Spinny Shareholders	Percentage
Niraj Singh	9.7%
Mohit Gupta	2.6%
Ramanshu Mahaur	2.6%
Tiger Global Management	14.1%
Elevation Capital	12.5%
Accel	13.1%
General Catalyst	6.6%
ADFD	5.6%
Fundamentum	5.2%
Avenir Growth Capital	5.1%
Blume Ventures	5.3%
ESOP Pool	6.7%
Others	10.9%

Spinny – Acquisitions

Acquiree Name	About Acquiree	Date	Amount
Scouto	Scouto is an AI-powered connected car connectivity start-up.	Feb 10, 2022	–
Truebil	Truebil is a team of young, highly motivated professionals who strive to help you buy and sell used cars in the simplest way possible.	Aug 6, 2020	–
HopCar	HopCar is a provider of buy and sell car. Free Inspection. 15 days Sale Guarantee.	Jun 13, 2016	–

Spinny competes with its ESOP buyback for its current and former employees. The ESOP buyback plan announced on December 21, 2021, worth ($12 mn) INR 90 crores, was the first employee stock ownership plan that the company has seen to date.

Spinny – Growth and Revenues

Top Car Preferences: Maruti Suzuki, Hyundai, BMW, and Mercedes-Benz were the most popular in 2024.
Online Sales: 70% of purchases were made online in 2024.
Spinny Parks: 50% of deliveries were from new Spinny Parks in 2024.
Financing: 46% of buyers used Spinny Capital for financing in 2024.
Metro Growth: Bangalore, Delhi NCR, and Hyderabad saw the highest sales in 2024.

Spinny – Financials

Spinny’s financial performance from FY20 to FY24 shows strong revenue growth but continued losses. Revenue grew from INR 17.7 crore in FY20 to INR 3,821.9 crore in FY24, while expenses also increased, leading to a loss of INR 587.5 crore in FY24.

Particulars	FY24	FY23	FY22	FY21	FY20
Revenue	INR 3,821.9 crore	INR 3,380.7 crore	INR 180 crore	INR 39.7 crore	INR 17.7 crore
Expenses	INR 4,409 crore	INR 4,196.1 crore	INR 670 crore	INR 150 crore	INR 93.9 crore
Profit/Loss	INR -587.5 crore	INR -815.5 crore	INR -490 crore	INR -110.3 crore	INR -76.2 crore

Revenue grew by INR 441.2 crore (13.05%) from FY23 to FY24. Expenses increased by INR 212.9 crore (5.07%), reducing the loss by INR 228 crore.

Spinny Revenue:

Spinny’s revenue grew from INR 3,380.7 crore in FY23 to INR 3,821.9 crore in FY24, mainly due to higher revenue from operations.

Revenue Source	FY24	FY23
Revenue from operations	INR 3,725 crore	INR 3,259.8 crore
Other income	INR 96.8 crore	INR 120.9 crore
Total Revenue	INR 3,821.9 crore	INR 3,380.7 crore

Revenue from operations increased by INR 465.2 crore (14.27%), while other income fell by INR 24.1 crore (19.93%).

Spinny Expenses:

Expenses rose from INR 4,196.1 crore in FY23 to INR 4,409 crore in FY24, driven by higher purchases of stock-in-trade and finance costs.

Expense Type	FY24	FY23
Cost of materials consumed	INR 90 crore	INR 143.8 crore
Purchases of stock-in-trade	INR 3,495.2 crore	INR 3,242.9 crore
Changes in inventories of finished goods, WIP	INR 8.4 crore	INR (217.5) crore
Employee benefit expense	INR 391.7 crore	INR 393.5 crore
Finance costs	INR 90.1 crore	INR 67.7 crore
Depreciation, depletion and amortisation expense	INR 62.1 crore	INR 77.9 crore
Other expenses	INR 271.5 crore	INR 487.8 crore
Total Expenses	INR 4,409 crore	INR 4,196.1 crore

Purchases of stock-in-trade increased by INR 252.3 crore (7.78%), while other expenses decreased by INR 216.3 crore (44.34%).

Spinny Profit/Loss:

Spinny reduced its losses from INR 815.5 crore in FY23 to INR 587.5 crore in FY24 due to revenue growth and cost management.

Profit Type	FY24	FY23
Gross profit/loss	INR 326.7 crore	INR 137.8 crore
Operating profit/loss	INR -497.4 crore	INR -747.6 crore
Net profit/(oss	INR -587.5 crore	INR -815.5 crore

Gross profit increased by INR 188.9 crore (137.08%), and net loss reduced by INR 228 crore (27.96%).

Quick Summary:

Revenue: Increased by 13.05% (INR 441.2 crore), driven by a rise in revenue from operations.
Expenses: Increased by 5.07% (INR 212.9 crore), mainly due to higher stock-in-trade purchases and finance costs.
Profit/Loss: Net loss was reduced by INR 228 crore (27.96%) due to improved gross profit and controlled expenses.

Spinny – LayOffs

Spinny, a used car startup, had laid off 5% of its workforce, or around 300 employees in August 2023, as the company merged the Truebil and Max platforms into the main platform. The reason for the layoff is to have cleaner and more focused execution going forward and to offer everything to customers on the main platform.

The company’s official statement on this “We have witnessed a sharp uptick in demand for reliable, budget-friendly cars as most people have resumed work from the office. By splitting our inventory of cars across different brand platforms, we were sometimes unable to offer enough options to such customers. With this consolidation, we should be able to meet the needs of these customers well.

Spinny is providing affected employees with a three-month severance package, faster ESOP vesting, and the option to maintain their assets as a show of support.

Spinny – Competitors

CarDekho
Droom
CARS24
CarTrade
CarWale
Creative Webmedia Pvt Ltd
Carnation
CheckGaadi
Chehaoduo
CapCar
Shift Technologies
and Carlypso, are the top ten rivals in Spinny’s competitive set.

Spinny – Challenges Faced

The trust issue is one of the major worries consumers have when buying used automobiles, according to Niraj Singh, co-founder, and CEO of Spinny. The startup’s rigorous and transparent inspection of the car, buying it from the owner, and then selling it to clients, addresses those concerns, Singh adds.

The business claims it is removing conventional intermediaries from the mix, making used car purchases more reasonable and reliable for clients. If a consumer is unhappy with the automobile they bought from Spinny, they will receive a complete refund.

Spinny started out as a used automobile marketplace, but according to Singh, the company has grown to become a full-stack platform. The pandemic harmed Spinny’s company for a few months, according to Singh, but the startup has now restored its pre-pandemic growth rates.

According to Singh, the outbreak of the deadly virus made many people wary about taking an Uber or Ola trip, prompting them to look into purchasing their own vehicles. Spinny’s CAC was also dramatically lowered, he claimed.

Though Spinny is an evolving startup that has already achieved a unicorn valuation, it is facing tough competition from its rivals in the used car space. Therefore, surviving in one such landscape with cutthroat competition is itself a challenge that Spinny is battling against.

Spinny – Future Plans

Spinny doesn’t want to be just another participant in the market in the coming year; instead, it wants to be the catalyst for changing people’s perceptions about used vehicle purchases. According to Niraj, the goal is to create a seamless shopping experience that is consistent with openness, quality, responsibility, and trustworthiness.

Spinny – FAQs

What is Spinny?

Spinny is an Indian used car buying and selling platform founded in 2015. It provides a seamless, transparent, and trusted process for purchasing and selling pre-owned cars.

What does Spinny do?

Spinny is a used car trading platform that aims to deliver affordable used cars via an easy and transparent process for everyone.

Who founded Spinny?

Spinny was founded by Niraj Singh, Ramanshu Mahaur, Mohit Gupta, and Ganesh Pawar.

Spinny founded in which year?

Spinny was launched in 2015.

Which companies do Spinny compete with?

CarDekho, Droom, CARS24, CarTrade, CarWale, Creative Webmedia Pvt Ltd, Carnation, CheckGaadi, Chehaoduo, CapCar, Shift Technologies, and Carlypso, are the top ten rivals in Spinny’s competitive set.

What is Spinny business model?

Spinny operates on a direct-to-customer (D2C) model for buying and selling used cars. It owns and inspects the cars, ensuring quality before selling them to customers through its online platform and physical hubs. This eliminates middlemen, offering competitive prices and a better customer experience. The company earns revenue from car sales, financing services, and value-added products like insurance and warranties.

Who is Spinny CTO?

Ramanshu Mahaur is the CTO of Spinny company.

February 21, 2025

A Complete List of Indian Cities With Their Unicorn Count

Unbeknownst, the falling Indian currency 78 INR mark rate against the US dollar for the first time helped Indian marketers, that is, somehow created a smooth way to one step ahead in achieving the fifth-largest economy in India.

As we know to excel in the business challenges, startups must take necessary actions in evolving tech, a shift in consumer preferences by adopting new product strategies, and frame objectives according to economic policies.

Some Indian unicorns overcame the following challenges as they introduced indulgent, efficient, and customer-centric products. In this regard, India ranks as the third largest unicorn-producing country in the world, with 106 unicorns competing against the USA and China.

Indian Cities With Their Unicorn Count: A Total of 106 Unicorns
Bangalore
Mumbai
Gurgaon
New Delhi
Pune
Chennai
Noida
Hyderabad
Goa
Jaipur

Indian Cities With Their Unicorn Count: A Total of 106 Unicorns

According to IMF sources, India has surpassed the UK in the final three months of 2021 to become the world’s 5th largest economy, following the USA, China, Japan, and Germany in 2022.

Known for being the key pillar of the Indian economy, India’s startup ecosystem is a kick start to GDP growth, whereby the country achieved the milestone of 100 unicorns in May 2022.

The above graph shows the countries with the maximum number of unicorns (2022) as per the data shown by Google

Bangalore

We immediately conjure up an image of the country’s IT hub whenever we hear “Bangalore”, don’t we? Bangalore, as we all know, is a happening city in India with many tech-based companies and growing career opportunities. Bangalore is home to 43 unicorns out of 106 in India.

The city has a nurturing ecosystem that is known for its IT sector and ability to build top tech brands. By leveraging talented fellows, adopting cutting-edge technology, connecting with opulent inventors, and collaborating with multinational R&D centers.

Thereby, established top-most brands in achieving the $1 Billion mark within a short span and ultimately contributed 37% of unicorns of the nation in terms of leading sectors as Fintech 20% and SaaS 12% contribution of unicorns. Bangalore has earned the title of the top city in India for producing unicorns across industries like e-commerce, logistics, and ed-tech.

Startup Name	Industry	Founding Year	Unicorn Entry Year
NoBroker	PropTech	2014	2021
Apna	Marketplace- Employment	2019	2021
BlackBuck	Logistics	2015	2021
Zeta	Fintech	2015	2021
VerSe	Content Technology	2007	2020
Zerodha	Stockbroker	2010	2020
Flipkart	E-commerce	2007	2012
Ola	Transportation	2010	2015
Ola Electric	Automotive	2017	2019
BigBasket	E-commerce- Groceries	2011	2019
BYJU’S	Edtech	2011	2018
Udaan	E-commerce	2016	2018
Swiggy	Foodtech	2014	2018
Glance/ InMobi	Mobile Technology	2019	2020
PhonePe	Fintech Payments	2015	2020
RazorPay	Fintech	2014	2020
Unacademy	Edtech	2015	2020
Slice	Fintech	2016	2021
Acko	Insurtech	2016	2021
Mensa Brands	Financial Services	2021	2021
CoinSwithch	Cryptocurrencies	2017	2021
Licious	E-commerce Meat Products	2015	2021
MPL (Mobile Premier League)	ESports	2018	2021
Zetwerk	Marketplace- Consumer goods	2018	2021
Groww	Fintech	2017	2021
CRED	Financial Technology	2018	2021
Meesho	E-commerce	2015	2021
Digit Insurance	Insurance	2016	2021
ShareChat	Social Media	2015	2021
5ire	Blockchain Network	2021	2022
DailyHunt	Social News	2007	2020
LeadSquared	SaaS- CRM	2011	2022
Open	Fintech	2017	2022
Hasura	SaaS- Programming Tools	2017	2022
LivSpace	E-commerce Interior Design	2014	2022
Vedantu	Edtech	2011	2021
CureFit	Healthcare	2016	2021
DealShare	E-commerce	2018	2022
Amagi	Media, Advertising	2008	2022
CommerceIQ	E-commerce Management Platform	2012	2022
Mohalla Tech (Moj)	Software	2015	2021
Postman	Saas- API Development and Testing	2014	2020
InMobi	Adtech	2007	2011

Mumbai

In no doubt, Mumbai has earned the deserving title of ‘the city of dreams, a place where many entrepreneurs have started their careers. As is the case, Mumbai is the richest city in the country with a homeland of 72 billionaires living and contributing $310 Billion toward the GDP of the country.

Countless startups have been launching every day in Mumbai in terms of e-commerce, Fintech, Enterprise Tech, and Travel Tech to M&E sectors thus estimating 14% unicorns in India.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Dream11	Fantasy Sports	2008	2019
BillDesk	Marketplace- Employment	2019	2021
Nykaa	E-commerce	2012	2020
PharmEasy	Online Pharmacy	2015	2021
Rebel Foods	E-commerce Food Delivery	2011	2021
Upstox	Fintech	2010	2021
Eruditus	Edtech	2010	2021
upGrad	Edtech	2015	2021
BrowserStack	Cloud Infrastructure and Software	2011	2021
CoinDCX	Cryptocurrency Exchange	2018	2021
Gupshup	Software	2004	2021
Purplle	E-commerce Personal Care	2012	2022
Games 24×7	Gaming	2006	2022
MyGlamm	Personal Care Marketplace	2015	2021
LEAD	Edtech	2012	2022
Fractal Analytics	SaaS- Analytics	2000	2022
Infra.Market	B2B E-commerce	2016	2021
CitiusTech	Healthcare Technology	2005	2019
Matic Network / Polygon	Blockchain	2018	2021

Gurgaon

It accounts for more than 70% of unicorns in Delhi, as they are based in the Gurgaon region. The city has opened various portals for opportunities. Second-largest information technology hub and third-largest financial hub in India, Gurgaon is home to a slew of multinational corporations.

Since it houses top IT companies and fortune 500 companies, the city has been nicknamed ‘Cyber city’. With 13% of the total unicorn percentage in India, Gurgaon stands third in unicorn production.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Oxyzo	Fintech	2016	2022
Mamaearth	E-commerce Personal Care	2016	2021
Spinny	Automotive	2015	2021
Mobikwik	Fintech	2009	2021
OfBusiness	Building Materials	2015	2021
Droom	Marketplace- Automotives	2014	2021
BlinKit	E-commerce- Groceries	2013	2021
Urban Company	Home Services	2014	2021
CARS24	B2C E-commerce	2015	2020
OYO	Hospitality	2013	2018
Rivigo	Logistics	2014	2019
PolicyBazaar	Insurance company	2008	2018
Zomato	Foodtech	2008	2015
Tata 1mg	HealthTech	2015	2022
MakeMyTrip	Online Travel	2000	2010
ReNew Power	Renewable Energy	2011	2017
Pristyn Care	Healthtech	2018	2021

New Delhi

New Delhi is not only the capital of India but lately, reformed into a new startup capital of India. Moreover, India will become the 3rd biggest economy in the world in 2022, and Delhi has become a hotspot for several startups and unicorns around India as well.

Gurgaon and Noida are the most prominent hotspots. Delhi is now home to 10 unicorns, with an estimation of roughly 1 billion dollars. And as of 2022, Delhi-NCR has a market worth 46 to 56 million dollars. Moreover, Delhi is reported to have the most Indian unicorns in a short span, and its startup ecosystem is growing exponentially.

Approximately 12,000 startups, 30 unicorns, and a cumulative valuation of about $150 billion could be based in Delhi-NCR by 2025, making it one of the top 5 global startup hubs. Delhi NCR contributes roughly 6.6% to the Indian unicorns.

Startup Name	Industry	Founding Year	Unicorn Entry Year
BharatPe	Fintech Payments	2018	2021
Delhivery	E-commerce Logistics Services	2011	2019
Lenskart	E-commerce- Eyewear	2010	2019
ShipRocket	eCommerce shipping	2017	2022
GlobalBees	E-commerce Retail	2021	2021

Pune

One fine feature in unicorns at Pune is women leading the start-up culture. Pune has 3200 Startups, on the other hand, Mumbai has 3274 Startups, which may compete against each other in the future in a healthy way.

Moreover, the Sci-Tech Park (established by the Ministry of Science and Technology, Government of India, and the University of Pune in 1986) alone has 153 startups.

As a result of Pune’s exceptional position to support start-ups and its proximity to industry, IT, and the best academic institutions, international collaboration among start-ups has increased over the past few years. Pune’s contribution to unicorns is approximately 5.7% as of a recent survey.

Startup Name	Industry	Founding Year	Unicorn Entry Year
ElasticRun	E-commerce Logistics	2015	2022
XpressBees Logistics	E-commerce Logistics	2015	2022
FirstCry	E-commerce	2010	2020
Icertis	Saas- Contract Management	2009	2019
Druva Software	Saas- Data Management	2008	2019
OneCard	Fintech	2018	2022
MindTickle	Saas- Enterprise Software	2011	2021

Chennai

Since Chennai city has failed to invest enough in startups in the last ten years, speed has finally picked up now, with a new administration in place. In a recent study, Tamil Nadu has a well-rounded business ecosystem spanning sectors, particularly in the industrialization sector.

However, compared to Bangalore, Mumbai, and Delhi, it still struggles to fit in. Moreover, several experts are believed to turn Chennai from Tamil Nadu into i-Tamil Nadu Technology, a hub for technology and a better startup ecosystem. Chennai as well pitches in 6.7% of the Indian unicorn sectors to the economy.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Five Star Business Finance	Financial Services	1984	2021
Uniphore Software Systems	SaaS- Conversational Automation	2008	2022
CredAvenue/ Yubi	Fintech	2017	2022
ChargeBee	Financial Services	2011	2021
Freshworks	SaaS – CRM	2010	2018

The above graph shows the aggregate value of Indian Unicorns in Billion US Dollars as per the source Iron Pillar India Tech Trends Volume IV Report

Noida

In addition to Delhi, Noida has also bagged the title of a prosperous startup hub. The city is now a gateway for various global corporations. The city might be from Uttar Pradesh but emerged just like Delhi NCR when it comes to an industrial and manufacturing hub.

Noida has wide roads, and expressways in addition to greeneries, and for this reason, Noida is at present an up-and-coming city with an impressive startup ecosystem.

Moreover, it is near the Industrial Development Authority, Delhi, which makes good connectivity to the capital city, access to profitable talent, and cost-effective operations. Meanwhile, Noida extends 3.8% of the Indian unicorn sector’s income to the economy.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Moglix	B2B E-commerce	2015	2021
PhysicsWallah	Edtech	2016	2022
Pine Labs	Fintech	1998	2020
Paytm	E-commerce Finance	2010	2015
Paytm Mall	E-commerce	2017	2018

Hyderabad

When there is a discussion about startup cities, Hyderabad also needs to be mentioned. Even though not many of the startups have turned into unicorns here, the number of budding startups here is quite high.

In the span of 3 years, from 2019 to 2021, approximately 933 startups were created here. It is not wrong to estimate that some of the smartest startups have been based in Hyderabad. And when it comes to unicorn startups, Hyderabad is home to 3 unicorns in India.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Darwinbox	SaaS- HR	2015	2022
Highradius	Fintech	2006	2020
Zenoti	Saas- Spa and Salon Services	2010	2020

The above graph shows the percentage of Indian Unicorns based on the different geography as per Iron Pillar India Tech Trends Volume IV Report

Goa

Goa is highly acknowledged for its natural component. However, the government there is keen on making it a startup destination across India. Undoubtedly, Goa is home to many small and large startup businesses. Apart from that, Goa is also home to health based unicorn startup named Molbio Diagnostic.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Molbio Diagnostic	HealthTech	2010	2022

Jaipur

The Pink city of India also provides a suitable culture for numerous startups to grow in it. The Ecosystem of Jaipur Startups is ranked at 7th position in India and 212th position globally. Jaipur is now home to one Indian Unicorn company and has many more coming in the future.

Startup Name	Industry	Founding Year	Unicorn Entry Year
CarDekho	E-commerce Automotives	2007	2021

Conclusion

On the whole, India has over 106 unicorns, all segregated in cities like Delhi, Bangalore, Chennai, Gurgaon, Noida, Hyderabad, Jaipur, Goa, and Mumbai. So far, India has globally earned recognition for its unicorns, and this may be one of the reasons why India is ranked third in the world economy.

FAQs

Which Indian state has the most unicorns?

Karnataka is home to the maximum number of unicorns.

Which city has the most unicorns?

Bengaluru has the most number of unicorns.

Which country has the most unicorns?

The United States has the highest number of unicorns in the world with a tally of 865 unicorns followed by China with an account of 224 unicorns.

Which is India’s 100th unicorn?

The 100th unicorn of India is a neo-banking platform named “Open”.

January 8, 2023

Top 4 Best Cities for Emerging Startups in India 2022 | Startup Hubs in India

A nascent stage startup is no different from a toddler—it needs to be nurtured with utmost care and conditioned for tackling the challenges that lie ahead. To provide this grooming, several cities in India are preparing themselves for incubating and bolstering entrepreneurial ventures.

The global buzz surrounding the startup mentality has made it more important than ever to create a breeding ground for innovation and creativity, and it’s great to see that India is also taking this seriously. This has given rise to a number of startup hubs across the country, with the quantity increasing continuously.

There has been a paradigm shift when it comes to the importance of 9 to 5 day jobs. Although many Indians still prefer such jobs over conceiving new ventures, some studies report that the number of startups in India has grown over 7 times in the recent decade. Are Indian’s ditching the traditional conception of employment? Quite likely a yes.

According to the reports, the number of Indian startups in 2008 lingered at around 7000. A 2018 study estimated approximately 50,000 startups in existence across India. The startup culture in India has seen tremendous growth. According to a 2021 Global Startup Ecosystem Index by Startup Blink, three cities in India, Bengaluru, Delhi and Mumbai ranked among the top 20 cities globally.

If one was to single out a specific brand or entity that paved way for entrepreneurship in India, it would be Zoho. Then known as AdventNet.inc, Zoho offers productive tools (Document processing, etc.). It began in 1996 and amplified the “startup” trend in India.

Here is a list of some of the best cities for startups in India that are providing startups and initiatives to the pedestal to grow and make name for themselves. With the penetration of more international tech giants, most of these cities are changing into the IT hubs of India.

Top 4 Startup Cities in India
Emerging Startup Cities in India

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Top 4 Startup Cities in India

Bangalore

Bengaluru, once known as the startup capital of India before it was dethroned by Delhi which added 5000 startups against 4,514 in Bengaluru from 2019 to 2021.

Bengaluru has been the womb to big shots like Ola and Flipkart. The city houses various technical and analytical firms, an enticement for budding and established entrepreneurs.

Rightly christened as the Silicon Valley of India, Bangalore is the perfect amalgamation of the corporate lifestyle and vibrant social life. Home to the country’s top technical and managerial institutions (IIM, Bangalore and IISC) and a strong industry connection, there’s no shortage of opportunities in this city. It is known as the best city for startups in India.

Even freelancers across the country have an inclination towards working out of Bangalore; such is the lure of the city. Other countries are becoming cognizant of the strategic significance of this south Indian city—large organizations are adamant about having at least one of their offices in Bangalore. This creates an extensive network highly beneficial to ventures and initiatives seeking support and guidance.

On the other hand, startups based out of Bangalore are expanding their operations and services beyond India. With the city in dire need of renovation and re-modelling (lack of space and water issues being some reasons for worry), the inevitable transformation of Bengaluru will open up new avenues for entrepreneurs. The city is also among the top IT startups in India.

Delhi

Delhi, the startup capital of India is the center of India that commands the respect of its own, Delhi is the seat of political power and this lends a greater hand to the startup ecosystem flourishing there. Having a stronghold in telecommunication and media, Delhi has been a destination for various entrepreneurship-related meetups and conferences, with the Government of India promoting and publicizing a majority of these events.

The close vicinity to Delhi has enabled both Noida and Gurugram to establish themselves as startup hubs. A trade and commerce place historically, Delhi has seen the rise of tech startups such as Hike and Paytm, food tech startups like Zomato, and Shopclues belonging to the e-commerce segment.

With booming infrastructure and ease of business, Delhi is counted among the top cities for startups in India where foreign behemoths like Samsung are exploiting Noida and Gurugram to the fallest; Samsung recently opened the “world’s largest mobile factory” in Noida. These regions entail a huge potential for growth along with a thriving network of investors and entrepreneurs. The presence of centres of excellence like IIT, DU and IIFT (to name a few) means there’s no shortage of expertise.

Hyderabad

Traditionally known as the city of pearls, this city in Southern India is witnessing a rise in foreign investments and the number of successful startups blossoming on its land. Hyderabad can be called the second IT hub of India after Bangalore.

With many international giants like Microsoft, Google, and Uber setting up their offices in Hyderabad, the city is slowly yet steadily catching up with Bengaluru as a startup hub. Top institutes like ISB, IIIT, and BITS being located in Hyderabad is icing on the cake—alumni from these places are directly incubating their ventures in Hyderabad.

The support from the State Government has encouraged entrepreneurs to make the best out of unrealized opportunities Hyderabad has on offer. The State Government is vesting time and money in organizing and setting up conferences, hackathons, state initiatives, and development centres—everything geared towards making Hyderabad synonymous with entrepreneurship. It is even slackening on policies and procedures to showcase the city as a favourable incubator!

Mumbai

The city of dreams, also the home to some of the world’s wealthiest businessmen, has only recently been dethroned by Bangalore when it comes to India’s favourite startup destination. Mumbai is still the first choice for anyone who is into non-technical startups as it is India’s financial capital.

One of India’s most recognized institutions, IIT Bombay has been instrumental in cultivating the startup ecosystem across the nation, being the birthplace of many wildly successful startups. Moreover, alumni from this esteemed college have gone on to make name for themselves across countries through their initiatives. It’s a proud feeling to say that many globally recognized brands are the outcomes of the toil put in by IIT Bombay grads and post-grads. It is among the best cities for startups in India.

BookMyShow, JustDial, and Cleartrip are only scratch the surface of the plethora of startups to have emanated from this sea-facing city. With conglomerates like L&T and Tata group setting up their offices in Mumbai, the financial hub has seen a steep growth in the economy, employment, and business. But the rising cost of living and real estate in Mumbai has caused a few unicorn enterprises such as Ola to shift base. In spite of such issues, Mumbai will continue to dominate the entrepreneurship segment, come hell or high water.

Emerging Startup Cities in India

With big cities gradually losing their shine and attraction, many emerging startups are focusing on tier 2 cities for growth and sustenance. Some cities have seen a surge in entrepreneurial activities and have made it big in the last 3-4 years. Some of the emerging startup cities in India are:

Ahmedabad
Gurugram
Pune
Chennai
Kolkata
Nagpur
Chandigarh
Indore
Goa
Bhubaneswar
Lucknow
Surat

The Government setting up a tech park called GIFT City in Ahmedabad-Gandhinagar, Pune becoming a smart city, and Chennai emerging as a host to entrepreneurial discussions and events—smaller cities are gaining traction. Cheap land rates, low cost of living, remarkable talent yet to be utilized, and lucrative government policies have made these cities the future of the Indian startup ecosystem.

FAQ

Which city has the most startups in India?

Delhi has dethroned Bengaluru and now ranks in the first position for the most number of startups in India.

Which city is known as the startup capital of india?

Delhi is known as the startup capital of India.

Which is the best city for startups in India?

Some best cities for startups in India are Bengaluru, Delhi, Mumbai, Gurugram, Hyderabad, Noida, and Pune.

What is the best city to start a business in India?

Mumbai, Delhi and Bengaluru are some of the best cities to start a business in India.

February 21, 2022

Devyani International – India’s Largest Network of Quick-Service Restaurant Operator

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Devyani International.

RJ Corp, the Indian billionaire Ravi Jaipuria’s company, owns Devyani International, which was founded in 1991. Jaipuria’s net worth is $3.5 billion, and he named the company after his daughter.

KFC and Pizza Hut franchises account for the majority of Devyani International’s revenue. Despite the once-in-a-century epidemic, these two franchises have helped the company grow.

Devyani International – Company Highlights

Startup Name	Devyani International Limited
Parent Company	RJ Corp
Headquarters	Gurgaon, Haryana.
Industry	Food and Beverages, Restaurants and Cafes
Founders	Ravi Kant Jaipuria
Founded	1991
Website	www.dil-rjcorp.com

Devyani International – Latest News
About Devyani International and How it Works
Devyani International – Name, Logo and Tagline
Devyani International – Mission and Vision
Devyani International – Founders and History
Devyani International – Revenue and Growth
Devyani International – Awards and Recognitions
Devyani International – Competitors
Devyani International – Challenges Faced
Devyani International – Future Plans
Devyani International – FAQs

Devyani International – Latest News

As of May 2021, Devyani International, the world’s largest franchisee operator of global restaurant franchises Pizza Hut, KFC, and Costa Coffee, has filed for an initial public offering (IPO) to generate close to INR 1,400 crore, joining the QSR IPO craze.

The offer, according to DRHP, includes a fresh issuance of INR 400 crore and an Offer of Sale of up to 125.33 million equity shares by Investor Selling Shareholder Dunearn Investments (Mauritus) Pte. Ltd, a wholly owned subsidiary of Temasek Holdings, and Promoter Selling Shareholders RJ Corp Ltd.

About Devyani International and How it Works

Devyani International Limited, an associate company of RJ Corp, PepsiCo’s largest bottler, with interests in beverages, food, dairy, healthcare, real estate, and education, is the fastest rising, most financially viable player in the Indian retail F&B sector, with 500+ restaurants across the Indian subcontinent, Nepal, and Nigeria.

As of March 31, 2021, Devyani International is India’s largest Yum Brands franchisee and one of the country’s largest network of quick-service restaurant operators, with 655 locations in 155 cities.

DIL has created its own brand Vaango – a world-class south Indian QSR chain with intentions to expand across India, based on its illustrious track record and competence in the QSR category. DIL also operates Food Courts and Lounges at the airports of Delhi, Mumbai, Hyderabad, Raipur, Srinagar, Lucknow, Trichy, and hospitals and shopping malls. The Grid Bar, Katism, Foodies Bar, Delhidare Devils, Tea Cups, Masala Twist, and other ‘Own Brand’ restaurants can be found in the Food Courts.

Devyani International – Name, Logo and Tagline

Ravi Jaipuria, the founder of Devyani International, named the company after his daughter, Devyani.

Devyani International Limited’ s Company Logo

Devyani International – Mission and Vision

Devyani International Limited’s mission and vision statement says, “To be a people centric, customer focused and process driven operations, striving for excellence day in day out with a beat year ago and turnaround mentality”.

Devyani International – Founders and History

DIL is a non-govt. corporation that was founded on December 13, 1991 by Ravi Kant Jaipuria.

In 1991, Ravi Jaipuria founded Devyani International Limited, which is an Indian food and beverage company, based in Gurugram, Haryana. There are 1420 people working at Devyani Internationals.

Devyani Internationals is one of Pizza Hut’s largest franchisees in India. In June 1996, Pizza Hut opened its first location in India, in Bengaluru. This was the first multinational restaurant chain to join this sector, and it is recognized for helping to establish the Indian pizza market.

With the opening of its first Pizza Hut store in Jaipur in 1997, Devyani International began its partnership with Yum. It had 297 Pizza Hut locations, 264 KFC locations, and 44 Costa Coffee locations in India as of March 31, 2021. Between March 2019 and March 2021, the number of core brand stores increased by 13.58 percent, from 469 to 605. According to DRHP, the company employs 9,356 people.

Through an association with Whitbread Group UK, Devyani Internationals brought a fresh gust of coffee aroma into the country in 2005. Costa Coffee has become a darling among India’s coffee connoisseurs. Despite being a relative newcomer to the business, Costa Coffee has established a strong presence in the NCR, Bengaluru, Jaipur, and other cities, with over 80 locations.

It is designated as a ‘company limited by shares ‘ and is a public unlisted corporation. The authorized capital of the company is INR 12500.0 lakhs, with an 84.933334 percent paid-up capital of INR 10616.67 lakhs. The DIL’s most recent annual general meeting was held on August 10, 2017. According to the Ministry of Corporate Affairs, the company’s financials were last updated on March 31, 2017.

Devyani International Limited has been in the Manufacturing (Food products) company over the past 30 years, and the company is still operational. Rashmi Dhariwal, Vishesh Shrivastav, Varun Jaipuria, Som Nath Chopra, Virag Joshi, Ravi Gupta, Raj Pal Gandhi, Ravi Kant Jaipuria, and Devyani Jaipuria are the current board members and directors.

Devyani International – Revenue and Growth

DIL presently owns and runs 297 Pizza Hut outlets. As of March 31, 2021, the company was also a Costa Coffee franchisee, with 44 Costa Coffee outlets and 264 KFC stores. DIL owns Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar, and has 692 outlets in 26 Indian states, as well as Nepal and Nigeria.

DIL’s core brands (India and global) amounted to 94.19 percent of its operations revenues in FY21, while delivery sales amounted for 70.20 percent of revenues, an increase from 51.15% in FY20. Despite the epidemic, the company has worked to expand its shop network, with 109 new locations opening in the previous 6 months across its core brand business.

The core brand stores grew 13.58 percent from 469 to 605 shops between March 2019 and March 2021, and the firm credits its success and continued growth efforts to its 9,356 workers. Devyani Internationals is the largest QSR firm in India to be featured on Swiggy and was one of the top QSR companies in India to be registered on Zomato in 2019 and 2020.

Devyani International – Awards and Recognitions

Year	Awards
2020	"India’s 100 Best Workplaces for Women 2020" by the Great Place to Work Institute, India
2019	Pizza Hut and KFC were recognised among the “Most Trusted Brands” in Food Services category in Brand Equity Survey conducted by The Economic Times.
2018	“Great Workplace” by the Great Place to Work Institute, India, Costa Coffee (T3 International Departure Pier) was awarded the Certificate of Excellence for “Outlet of the Year- F&B (International)” by Delhi International Airport Limited at the IGIA Awards 2018, Grid Bar (T3 Domestic Departure Food Court) was awarded the Certificate of Excellence for “Outlet of the Year- F&B (Domestic)” by Delhi International Airport Limited at the IGIA Awards 2018.

Devyani International – Competitors

Top Competitors of Devyani International are as follows :

Digg Inc
9GAG Inc
Reddit
4chan community support LLC
Newser LLC
NewsMax.com
Salon.com
Laugh Roulette

Devyani International – Challenges Faced

The business’s DRHP, which was filed with SEBI, clearly reveals that COVID-19-related concerns are the most pressing for the sector and the company. Due to a considerable drop in footfalls as a result of COVID-19 regulations, Devyani International permanently closed 61 locations under its major brands in FY21.

The Devyani Iternational revenue has also suffered as a result of falling footfalls, with in-store dining revenue falling to 29.8% from 48.85% in FY21. The impact of COVID-19 is expected by the company to persist, as footfall and sales are still being impacted by the second wave of COVID-19. As the company explains in its DRHP, COVID limits have had a direct impact on the business’s capacity to manage product inventory, resulting in considerable inventory write-offs, with the majority of the inventory consisting of perishable components for direct purchase.

The firm also notes that if the second wave worsens or is not controlled in a timely manner, it may be unable to meet the increased development obligations, further adjust these arrangements, or operate our stores economically, if at all. This might have a variety of repercussions, including the termination of Yum’s different agreements, which would have a material negative impact on the business, results of operations, and financial condition if they are unable to renew them.

Devyani International – Future Plans

Devyani International has filed a draught red herring prospectus (DRHP) with market regulator SEBI to undertake an initial public offering (IPO) of INR 1,400 crore (IPO). KFC, Pizza Hut, and Costa Coffee are the company’s major franchisees. Investor Selling Shareholder, Dunearn Investments (Mauritius) Pte. Ltd, a wholly owned subsidiary of Temasek Holdings, and Promoter Selling Shareholders and RJ Corp Ltd would issue new equity shares worth INR 400 crore, as well as an offer-of-sale (OFS) of up to 12.5 crore equity shares.

The losses indicated from FY19 to FY21 were mostly attributable to increased operational expenditures incurred as a result of the company’s store network development. DIL, on the other hand, has not been able to recoup these costs. In FY20, their total revenue from operations climbed by 15.7 percent year over year.

In FY19 and FY20, Devyani International had negative cash flows (cash outflows) of INR 17.29 crore and Rs 13.47 crore, respectively. In FY21, the company received INR 26.73 crore in cash. The company states in its DRHP that it may experience negative cash flows in the future, which could have a detrimental impact on its operations and growth objectives.

Devyani International intends to maintain its growth potential in the future by building new stores every year. In the future quarters, this will result in a further increase in operating costs and other expenditure. As a result, DIL anticipates losses until the new stores reach maturity. The net profits from the IPO will be used to pay down a major percentage of the company’s debt. This would allow them to use their internal accruals (or operating profit) to fund investments in business sustainability and diversification.

Devyani International – FAQs

When was Devyani International Limited founded?

DIL is a non-govt. corporation that was founded on December 13, 1991 by Ravi Kant Jaipuria.

Where is Devyani International Limited headquarters?

Devyani International Limited is headquartered in Gurugram, Haryana, India.

Is Devyani International Limited a private company?

Yes, DIL is a private company.

What sector does Devyani International Limited operate in?

DIL is under food & beverages sector.

June 14, 2021

Internshala: Find The Perfect Internship!

Many of us today criticize the Indian education system for transforming individuals into people of theory with minimum or no practical experience. In such a competitive world, one has to stand out in the crowd to be successful. A smart student wants to study, learn, and gain experience at the same time.

Parents have always focused on good grades, admission to a prestigious college, and finally securing a high pay scale job. That’s true, but it is not as easy as it seemed to have been before. The cut-throat competition and constant technical upskilling and upgradation means only the best survive in the industry. And these skills can be acquired when students work and learn through internships and jobs.

In India, the concept of internships is picking pace and is progressing rapidly. One of the key catalysts in making internships available online in India is Internshala. This article covers Internshala in-depth.

Internshala – Company Highlights

Startup Name	Internshala
Headquarter	Gurgaon, India
Sector	Education
Founders	Sarvesh Agrawal
Founded	2010
Area Served	India
Parent Organization	Internshala
Website	internshala.com

About Internshala
Internshala – Founders
How it Started?
Internshala – Name, Tagline, and Logo
Internshala – Business Model and How it Works?
Internshala – Startup Challenges
Internshala – Competitors
Internshala – Internship and Training Sectors
Internshala – Future Plans

About Internshala

Internshala was launched as a WordPress blog initially. The blog dealt with education, technology, and issues about gaps in skills. It was then transformed into an internship portal. It is a free portal for both interns as well as employers. Currently, Internshala has more than 3000000 student visits and 80000+ companies registered on its website. Internshala also offers online educational training in various streams.

The courses on offer are on a chargeable basis but can be downloaded along with the supporting materials such as videos for offline reference. Internshala’s courses are largely divided into Summer Training and Winter Training. Internshala offers different kinds of internships—full time, part-time, and work from home. One can find both paid and unpaid internships on Internshala.

Internshala – Founders

Sarvesh Agrawal is the Founder of Internshala.

Sarvesh comes from a business family and was born and brought up in Nawalgarh, a small town of Rajasthan. He completed his bachelor’s and Master’s degrees in Civil Engineering from the Indian Institute of Technology in 2006. After his Master’s, he started working in Capital One company in Nottingham (United Kingdom) as a Business Analyst in the product innovation team.

After a year, he came back to India to work with Barclays Bank’s credit card analytics division. In the year 2010, he switched to Aviva Life Insurance in Gurgaon to set up a Business Analytics team for the organization.

Sarvesh Agrawal is the founder of Internshala. — Sarvesh Agrawal – Founder of Internshala

How it Started?

Sarvesh always had an interest in the field of education and learning. While he created blogs to generate awareness about the same, he was asked many questions about internships. It was a stark realization that the domain of internships was one area where nothing was happening in India; it wasn’t as mainstream as in the West.

Sarvesh left his job and began building a team and a portal. An incident occurred when one of Sarvesh’s friends from his college days went on to pursue an MBA from London Business School.

During his semester break, he was looking for an internship in India and informed Sarvesh about the lack of internship opportunities in the country. This served enough motivation for Sarvesh to start a platform where people could get ample of internship opportunities at one place.

Internshala – Name, Tagline, and Logo

Internship logo

The name Internshala means a place where you will find Internships. If we break the name into two parts, then the word ‘Intern’ means a person who is seeking an internship in some firm and ‘shala’ is a Hindi word which means a place. On combining the two words, the meaning is clear—a place where a person can get internships.

The tagline of Internshala is ‘internships that matter’; it means that the company provides you a platform for seeking meaningful and helpful internships.

Internshala – Business Model and How it Works?

Internshala operates through its website and mobile app. A student has to register, create a decent profile, and apply for various internships listed on the portal. Internshala is a free platform when it comes to applying or searching for internships but earns revenue through two mediums:

Internshala charges some amount for its online training programs. These programs vary based on duration, category, and finances.
Internshala also charges fees from third parties such as advertisers who want to post ads, posters or email busters, etc. on its website.

Internshala – Startup Challenges

Sarvesh Agrawal, the founder of Internshala, mentioned in one of his interviews that a big challenge faced by Internshala was attracting good talent as the business continued to grow. In the initial days, one of the main obstacles the team had to face was the lack of good technical talent at both the junior and senior levels. Sarvesh was from a non-programming background and had to struggle the most in this area.

Another challenge for the company was that employers were facing hurdles in finding interns as Indian students favored in-office internships during summer and winter breaks, making it difficult to hire interns during the rest of the months. There was a hindrance in matching the location and timelines of students and employers. In short, getting the students to be in sync with the companies providing internships was difficult.

Internshala – Competitors

Although Internshala is the biggest platform in India when it comes to providing internship opportunities, there is no dearth of competition. The top Internshala competitors are StuMagz, twenty19, Letsintern and Interworld.

Internshala – Internship and Training Sectors

Internshala provides internships in various sectors like web development, arts, management, science, IT, data analysis, law, engineering, architecture, and many others. The training courses include, but are not restricted to, Photography, Business Communication Skills, Computing, Excel, Design, etc.

Internshala – Future Plans

Internshala concentrates on helping students in learning, training, and garnering on-field experience. Internshala was launched with a mission to equip 30 million college students in India with practical knowledge and real-life skills to achieve their dreams and turn them into reality.

They are constantly working towards providing internships and training across cities, small towns, and villages. This is the driving factor for Internshala. In the coming years, Internshala wants to take the step of providing meaningful internships to students and individuals in tier 2 and tier 3 cities by creating awareness and bringing opportunities to them.

Frequently Asked Questions – FAQs

Is Internshala training free?

No, Internshala training is not free but the cost is kept at a minimum so that everyone can avail it.

Is it free to apply for internships on Internshala?

Yes, applying for internships – paid or unpaid – is free on Internship.

What is the Internshala business model like?

Internshala is a free platform when it comes to applying or searching for internships but earns revenue through two mediums:

Internshala charges some amount for its online training programs. These programs vary based on duration, category, and finances.
Internshala also charges fees from third parties such as advertisers who want to post ads, posters or email busters, etc. on its website.

April 12, 2021

Now&Me – Taking The Nation Towards Better Mental Health!

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

With all the awareness initiatives and the movements taking place in the field of mental health, we see people talking about it but we actually don’t see people understanding what in reality goes behind being mentally unhealthy. For those who’ve felt like, “so many people have told me to open up, but nobody really understands what’s going on”, Bani Singh and Drishti Gupta launched nowandme.com in 2018.

Nowandme.com is an online safe space that’s bridging the gap between people, their problems and someone who wants to hear them and lend a helping hand. This venture believes in the power of human experiences and the community. The aim of this company is to develop a community where people can share their experiences and emotions without the fear of being judged. Also, this portal publishes blogs and videos on the website to generate awareness about pressing issues like mental health.

Now&Me – Company Highlights

Startup Name	Now&Me
Headquarter	Gurgaon
Sector	Healthcare
Founders	Bani Singh and Drishti Gupta
Founded	2018
Parent Organization	NowAndMe
Website	www.nowandme.com

About Now&Me and How it Works
Now&Me – Target Market Size
Founders of Now&Me and team
How was Now&Me Started?
Now&Me – Name and Logo
Now&Me – Startup Launch
Now&Me – Startup Challenges
Now&Me – Funding and Investors
Now&Me – Revenue Model
Now&Me – Growth
Now&Me – Future Plans

About Now&Me and How it Works

It’s as simple as logging onto nowandme.com and pouring your heart out!

Now&Me has shared and displayed more than 4000 personal and heartfelt experiences. Meaningful, wholesome and sensitive interactions take place among the community every day. One can choose to post/respond anonymously as well. nowandme.com is a pace where you can truly be who you are. It is basically a form of kinder internet, where you don’t have to pretend to be someone you’re not.

nowandme.com lets you connect with strangers on a deeper level and allows you to heal, learn and grow through mixed experiences of individuals. It acts as a platform for people going through a rough phase in life and wanting someone to talk to. Even those who want to share their achievements and success stories can be found. It is a community that is growing with each passing day.

Now&Me is a glocal brand, which started in Delhi-NCR. It conducts various offline events and workshops regularly. The most recent one being on ‘Stress Relief’ at IIT-Delhi. Another event on ‘Social Media’ was conducted by the team at LSR. ‘Create Don’t Hate’ was organized at SelectCity CityWalk Mall in association with JustDelhiing. The team has also created offline no-judgment zones, talking circles, network therapy, and safe spaces to encourage catharsis and been an active part of activities like Drum Circle – Music Therapy and Art Therapy as well.

Now&Me – Target Market Size

According to the WHO, “There is growing evidence of the global impact of mental illness. Mental health problems are among the most important contributors to the burden of disease and disability worldwide. 5 of the 10 leading causes of disability worldwide are mental health problems. They are as relevant in low-income countries as they are in rich ones, cutting across age, gender, and social strata. Furthermore, all predictions indicate that the future will see a dramatic increase in mental health problems.”

Founders of Now&Me and team

Bani & Drishti, Cofounders of NowAndMe — Bani & Drishti, Cofounders of Now&Me

Now&Me co-founders Bani Singh and Drishti Gupta are college friends. Both of them graduated from Lady Shri Ram College for Women, Delhi University in May 2019 with a degree in statistics. They officially started working together in February 2019, while in the last year of college. Bani mainly handles the creatives (content+curation) while Drishti looks into the technology, communications, and outreach. Usually, it is a bit of everything that the two of them need to pay attention to.

The Now&Me team also includes tech support staff and constant help from interns. They only recruit individuals who are passionate about the cause and can grasp the complexities and commitment required to run the organization. The team mainly hires in the field of web development, content creation and communications.

How was Now&Me Started?

The idea and inspiration for the company came to the co-founders after seeing the people around who were going through some or the other issues or problems in life, but were not able to find an outlet to let out their troubles. Drishti and Bani tested the idea amongst the peers in college, and their response was taken into consideration.

Now&Me – Name and Logo

Now&Me logo

Other than the obvious choice of domain availability, the name- “Now and Me” signifies being in the present with one’s feelings.

Now&Me – Startup Launch

Now&Me was launched through word of mouth and social media while the co-founders were in college. Support from friends and families helped Drishti and Bani in giving the initial push to the brand. Regular offline events helped as well in building the brand identity. Everybody is going through something in life and everybody needs a shoulder to lean on. NowAndMe is that shoulder.

“To spread awareness among people regarding our product, we constantly share content on our social media pages and also upload informative blogs every week on the website, most of which are written by mental health experts. This has attracted more people and motivated them to share their feelings with us.” says Bani, co-founder of nowandme.

Now&Me – Startup Challenges

The biggest challenge for Now&Me is the long-standing stigma around mental health, that stops people from seeking help even when they know that it’s the right thing to do. Conducting safe, small talking circles in an attempt to encourage people to open up and own their feelings has proved to be extremely novel and successful in getting people’s attention.

Now&Me – Funding and Investors

NowAndMe has been bootstrapped and has not raised any funds yet.

Now&Me – Revenue Model

NowAndMe is a free platform and records no revenue.

Now&Me – Growth

nowandme.com gets over 10,000 unique visits every week, and has about 1000 registered users.
nowandme.com ranks amongst the best 10k websites in India (via Alexa Rankings)
Mr. Ankur Warikoo, former CEO, nearbuy.com is an esteemed supporter.
NowAndMe has conducted events on ‘Stress Management and Mindfulness’ in esteemed institutions such as Indian Institute of Technology, Delhi (IITD)

The co-founders say that while they want to keep the platform free, they also want to provide users with access to the right kind of knowledge and professionals. For this, they will be compiling different means of recourse available, such as online and offline therapy, 24/7 helplines and tele-counselling services, and workshops.

Now&Me – Future Plans

“Along with the sharing platform, we also aim to become the Yellow Pages for Mental Health in India.” Now&Me founder Bani Singh said emphasizing on the company’s future plans.

The long-term agenda is to integrate good professional help in the Now&Me platform along with its existing endeavors towards mental health and its affordability, availability and accessibility.

March 21, 2021

Sqrrl Success Story – How Sqrrl Simplifies Personal Finance

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Sqrrl.

Today, in contrast to savings, the internet offers various unprecedented methods to spend money. One can easily see that spending have become increasingly easier and savings has become gradually difficult. To bridge this huge chasm between saving and spending patterns, Sanjeev and Samant decided to tap a new market – the millennials & GenZs , by launching Sqrrl.

Sqrrl is a wealth management platform founded by Samant Sikka (Chief Dreamer), Sanjeev Sharma and Dhananjay Singh. The Sqrrl team works to simplify personal finance for millions of young Indians. Sqrrl’s mission is to impact the lives of 3 million young Indians by helping them save, invest and prosper by 2021!

StartupTalky interviewed Mr. Samant Sikka (Founder & Chief Dreamer, Sqrrl) to know about the Sqrrl Success Story along with getting a glance on How Sqrrl started, Sqrrl Funding, Business model, growth, founders, products, future plans & more…

Sqrrl – Company Highlights

Startup Name	Sqrrl
Founder	Samant Sikka (Chief Dreamer),Sanjeev Sharma, Dhananjay Singh
Founded	2017
Headquarter	Gurgaon, New Delhi
Sector	Finance and Investment/Fintech
Website	sqrrl.in

Lets go through the Journey of Sqrrl-

Sqrrl – About
Sqrrl – Industry and Target Market Size
Sqrrl – Idea/How it started?
Sqrrl – Product/Service offered
Sqrrl – Founders and Team
Sqrrl – Name, Tagline and Logo
Sqrrl – Business Model and Revenue Model
Sqrrl – Startup Launch
Sqrrl – Startup Challenges
Sqrrl – Growth
Sqrrl – Funding and Investors
Sqrrl – Advisors and Mentors
Sqrrl – Competitors
Sqrrl – Recognition and Achievements
Sqrrl – Future Plans
Sqrrl – FAQs

Sqrrl – About

Sqrrl is a platform aimed at helping young Indians save their earnings while keeping things simple. With Sqrrl, it’s not about putting away large chunks of salary, but rather small sums with just a couple of clicks. Sqrrl is a wealth management platform. Sqrrl is an app-only platform with the MVP around savings and investment products powered by Mutual Funds.

Technology is being used for the greater good today, even in personal lives. It is an attempt to stay at the forefront of this new wave of technology by combining a great user experience with something substantial. The Sqrrl team works to simplify personal finance for millions of young Indians.

As of today (Feb 2021), Sqrrl provides 7 different products under their app —

Systematic Investment Plan (SIP)
Goal-based investment
Axe Tax
Sqrrl Away
Lump sum investment
Fixed Deposit
Personal Loans

Sqrrl – Industry and Target Market Size

Sqrrl operates in the personal finance space. The main target users are young Indians – both millennials and GenZs.

With an acute focus on the financial aspirations of the new age generation, Sqrrl is geared to capitalize on India’s 440 Mn millennials (390 Mn GenZ). The challenge here is that the younger generation finds financial products, boring, jargonized and not adding any value to their lives. The company wishes to change that by offering simple financial solutions that will bring a huge change in the financial wellness of its customers.

Sqrrl – Product/Service offered

The Sqrrl platform gauges the personalized investment needs of individuals and matches them with funds available in the industry. It is like a personal finance buddy that one can rely on to save and grow money. Sqrrl is an app-only platform with the MVP around savings and investment products powered by Mutual Funds.

As of today (Feb 2021), Sqrrl provides 7 different products — Systematic Investment Plan (SIP), Goal-based investment, Axe Tax, Sqrrl Away, Lump sum investment, Fixed Deposit and Personal Loans — under the app.

Sqrrl – Founders and Team

Samant Sikka (Chief Dreamer), Sanjeev Sharma and Dhananjay Singh are the co-founders of Sqrrl.

Samant Sikka (Founder & Chief Dreamer, Sqrrl)

Samant Sikka, the founder of the fintech has over 20 years of experience in financial services. He has major stints in Sales, Business Development, Strategy and Marketing with firms like Franklin Templeton, AIG Investments, Goldman Sachs & Axis Asset Management.

Sqrrl Founder — Samant Sikka, Chief Dreamer & Founder, Sqrrl

Sanjeev Sharma (Co-founder, Sqrrl)

Co-founder, Sanjeev Sharma, has over 16 years experience in financial services with background in business setup and expansion, financing and operational excellence with firms like Franklin Templeton Investments, AIG Investment & Pine Bridge Investments. Sanjeev and Samant have worked together in the past in Franklin Templeton and AIG and continued to be in touch.

Dhananjay Singh (Co-founder, Sqrrl)

The founders were very clear about the role of technology in solving the challenges for the customers and therefore, decided to bring in Dhananjay, who brought the Tech domain to the team which plays a critical role in our business. Co-founder, Dhananjay Singh is an IIT-Kharagpur graduate with an experience of over 20 years in data science and analytics, a professional with products and canned solutions background with firms like PWC, Tech Mahindra, United Healthcare and Axtria.

Sqrrl – Idea/How it started?

Sqrrl came into existence in early 2017 with the sole aim of simplifying personal finance for young Indians. The journey behind establishing Sqrrl is best described by Mr. Samant Sikka and Mr. Sanjeev Sharma who collectively have over 37 years of experience in the financial services.

Between 2006 to 2016, both Samant and Sanjeev observed an alarming trend with regards to savings in Indian households. India, which is generally described as a saving-oriented country, saw a huge dip in household savings in the last decade wrapping up in March 2016. Statistics show that household savings fell from 22% to 19% as compared to GDP’s ratio, which increased from Rs 0.23 lakh crore to Rs 1.36 lakh crore during the same 10 year period.

Today, in contrast to savings the internet offers various unprecedented methods to spend money. One can easily see that spending is becoming increasingly easier and savings is becoming gradually difficult. To bridge this huge chasm between saving and spending patterns, Sanjeev and Samant decided to tap a new market – the millennials & GenZs.

Before launching Sqrrl, they did a hands-on primary research by meeting with salaried millennials at coffee shops, eateries and even hosted ‘Pizza & Beer on us’ sessions. Sanjeev and Samant ended up meeting approximately 400 young Indians in the age group of 25-35. The intent was to understand their relationship with money and challenges, whatever they were. Through these sessions, they collected some very powerful feedback.

Sanjeev and Samant says – The biggest lesson that we learnt is that for millennials the value of money as a concept has completely morphed into money-as-a currency, a mere tool to spend on stuff that they like.

Along with that, the biggest revelation faced by the founders of Sqrrl was – that a significant portion of this generation is living from salary to salary with barely any savings. Even though they are starting to work earlier than the older generations and getting higher salary packages, they are still struggling to save for anything. Using this feedback, they built multiple financial products to promote both savings and investing.

The founders were very clear about the role of technology in solving the challenges for the customers and therefore, decided to bring in Dhananjay, who brought the Tech domain to the team .

Sqrrl – Name, Tagline and Logo

As one would think, the name Sqrrl was inspired by the tiniest of animals, Squirrel.

The main reason behind it is that a squirrel, despite its small size, plans for the future carefully. It saves a small amount of nuts gradually to build a full stock for the winters. And it does so, by being prepared for even the most desperate times in advance. The sheer size of the whole affair – a small squirrel working hard to save small everyday to make a full pile for the winters is very motivating. The main idea to imbibe financial discipline into young minds through a new financial product – to promote both savings and investing which fortunately, was achieved very well by this.

That’s what the founders of Sqqrl wanted people to think of when they looked at the brand. They wanted to use a young, fresh and vibrant brand name which millennials will associate with. Saving a small amount of money over a long period of time can do wonders.

Sqrrl – Business Model and Revenue Model

Sqrrl’s business model is a combination of B2B and B2C.

Sqrrl has an app that helps the customers directly in saving and investing in mutual funds and taking personal loans
Sqrrl also has multiple integrations with banks and NBFCs that helps in bringing a substantial amount of revenue.
The platform’s subscription called Sqrrl Prime is another source of monetization for the business.

Sqrrl – Startup Launch

For the first 100 users of Sqrrl , it was a soft launch. The initial users were mainly people from the founders’ network. Slowly, the team started communicating with its target users through educating them about the need for financial planning in today’s world.

With education comes awareness and we were banking on that awareness to drive our product further into the hearts and mind of people. Facebook and Google definitely helped us in increasing the traction during initial days and even now – Says Samant Sikka (Founder, Sqrrl)

Sqrrl – Startup Challenges

The initial challenge faced by the Sqrrl team was to build a Minimum Viable Product(MVP). There is no debate that one will always have aspirations to build a fully loaded offering with scarce resources. Humans are very optimistic like but it was important to draw a line. Therefore, few of the important decisions that the team had to make were about saying NO. Say NO to many features that the various customers will need. Instead of that they focused on building a sharp cut around a user persona with a particular use case.

In Sqrrl case, the team decided to start with saving and investment products, powered by mutual funds, specifically converting the challenges that they had heard from the target audience into Sqrrl’s offerings. However, all the challenges get magnified in case of financial services as there are multiple regulations to adhere to in letter and spirit. The list of things that one cannot do is longer than the things that you one do.

Since the founders of Sqrrl came from the industry some of the industry partners were very encouraging and offered support in making the journey of Sqrrl less complex. The other important challenge was around the product, execution and team. The enough time was spent on studying the ecosystem to build a product that spoke to people in everyday life.

An important decision that the Sqrrl team took was not outsourcing the technology, which meant that they had to slowly but surely start to put together a handpicked team of competent and domain experts who had been able to deliver a great product in a short time frame. There are other challenges that need attention in early days which are Product, Team, Execution, Infra and Funding. Some of these factors can be a big drag on the founder’s bandwidth, the ROTI (Return on Time Invested) is not very high, especially in early days.

“We made some decisions that helped us keep ourselves away from distractions. For example, one of the most important agendas was to keep fixed costs low and flexible, therefore we decided to work out of a co-working space Sproutbox” Says Samant

Fundraise is another time sapping activity and a big distraction from the core of the business.

“We, in the founding team were coming with approx. 2 decades corporate experience. Each decided not to raise any monies till we have demonstrated our ability to execute and therefore bootstrapped the venture initially. These were the easier parts which meant that we kept ourselves away from distractions” Samant added.

Sqrrl – Growth

During 2020, Sqrrl expanded its wings beyond the sphere of savings and investment. It launched many new products and features to solve various financial problems of the customers. These include income tax return e-filing, starting a Fixed Deposit (FD), offering loans, a subscription plan called ‘Sqrrl Prime’ and protection products like accidental insurance.

Sqrrl’s partnership for offering Goal based investments with ICICI bank’s MINE, a millennial banking platform has also gone live in October, 2020.

Sqrrl – Funding and Investors

After almost a year being bootstrapped, Sqrrl raised the the first round of funding from Equanimity Ventures in June 2018 for 1 Million USD.

Sqrrl – Advisors and Mentors

Sqrrl is fortunate to be led by a team of fantastic mentors including Carl Richards, Advait Dikshit and Shripad Nadkarni.

Carl Richards

Richards is a certified financial planner and has been the creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. He is also the author of the book called The Behavior Gap which has been a huge hit.

Advait Dikshit

Dixit has been a management consultant for the past 19 years and is an avid speaker.

Shripad Nadkarni

Shripad Nadkarni is a brand and marketing Guru and presently also the co-founder of Maverix, which is a Mumbai based startup in the food space.

Sqrrl – Competitors

Some of the Top Competitors of Sqrrl in the market are Groww, ET Money, Fisdom and Scripbox.

Sqrrl – Recognition and Achievements

Sqrrl got selected at the Reliance GenNext Hub, a scalerator program run by Reliance Industries and Microsoft ventures amongst 23 startups picked from approx. 1200 applications.
Sqrrl also have been featured in #Hot100 Startups in India.
The Sqrrl app has been featured on multiple occasions by both the Google Playstore and Apple App Store for its design and features

Sqrrl – Future Plans

In the future, the Sqrrl app plans on offering international investing, and stocks to its customers. Currently, the company is focusing extensively on partnering with banks, NBFCs and other platforms to enhance its distribution and reach.

In addition to that, Sqrrl have tie-ups with banking correspondent platforms and many more of these interesting partnerships are already under integration and closure. With the fast and fantastic evolution of the company, it is constantly finding channels to raise resources by speaking actively with financial and strategic investors.

Sqrrl – FAQs

What is Sqrrl?

Sqrrl is a wealth management platform founded by Samant Sikka (Chief Dreamer),Sanjeev Sharma and Dhananjay Singh. The Sqrrl team works to simplify personal finance for millions of young Indians.

Who are Sqrrl Founders?

Samant Sikka (Chief Dreamer),Sanjeev Sharma, Dhananjay Singh are the founders of Sqrrl.

How much funding has Sqrrl raised?

The first round of funding for Sqrrl came from Equanimity Ventures in June, 2018 for 1 Million USD.

Who are the Top competitors of Sqrrl?

Some of the competitors of Sqrrl in the market are Groww, ET Money, Fisdom and Scripbox.

February 23, 2021

Tag: gurgaon

Spinny Company Details

About Spinny

Spinny – Industry

Spinny – Logo, and Tagline

Spinny – Founders and Team

Niraj Singh

Ramanshu Mahaur

Mohit Gupta

Ganesh Pawar

Spinny – Startup Story

Spinny – Vision and Mission Statement

Spinny – Business Model and Revenue Model

Spinny – Funding, and Investors

Spinny – Shareholders

Spinny – Acquisitions

Spinny – Growth and Revenues

Spinny – Financials

Spinny Revenue:

Spinny Expenses:

Spinny Profit/Loss:

Quick Summary:

Spinny – LayOffs

Spinny – Competitors

Spinny – Challenges Faced

Spinny – Future Plans

Spinny – FAQs

What is Spinny?

What does Spinny do?

Who founded Spinny?

Spinny founded in which year?

Which companies do Spinny compete with?

What is Spinny business model?

Who is Spinny CTO?

Indian Cities With Their Unicorn Count: A Total of 106 Unicorns

Bangalore

Mumbai

Gurgaon

New Delhi

Pune

Chennai

Noida

Hyderabad

Goa

Jaipur

Conclusion

FAQs

Which Indian state has the most unicorns?

Which city has the most unicorns?

Which country has the most unicorns?

Which is India’s 100th unicorn?

Flaunt your startup with StartupTalky

Top 4 Startup Cities in India

Bangalore

Delhi

Hyderabad

Mumbai

Emerging Startup Cities in India

FAQ

Which city has the most startups in India?

Which city is known as the startup capital of india?

Which is the best city for startups in India?

What is the best city to start a business in India?

Devyani International – Company Highlights

Devyani International – Latest News

About Devyani International and How it Works

Devyani International – Name, Logo and Tagline

Devyani International – Mission and Vision

Devyani International – Founders and History

Devyani International – Revenue and Growth

Devyani International – Awards and Recognitions

Devyani International – Competitors

Devyani International – Challenges Faced

Devyani International – Future Plans

Devyani International – FAQs

When was Devyani International Limited founded?

Where is Devyani International Limited headquarters?

Is Devyani International Limited a private company?

What sector does Devyani International Limited operate in?

Internshala – Company Highlights