Tag: 🔍Insights

  • Stats about Women Workforce in Corporate India

    We find all sorts empowering posts flying around social media when women’s day is around the corner. No, this article isn’t going to talk about the same old mediocre state of women in the Indian ecosystem. Well we’ve certainty risen above that. We are rather going to be talking about how the women workforce is at it and shattering the society glass ceiling and climbing the corporate ladder one step at a time.

    Although social media tries to push the feminine button a dozen times, what we know is a drop in the ocean. The state of Indian women in corporates is notably growing but the pace is that of the tortoise who wins slowly and steadily.

    It is safe to say we have come a long way from assuming that women were only confined to kitchens and producing babies. Especially in India, where so many women have little to almost no agency to take career oriented decisions, corporate offices still experience male dominance.

    How many Women work in Corporate India
    Women in Indian Parliament
    Stats Around the Globe
    Reasons for declining numbers of Female workers in India
    FAQ

    How many Women work in Corporate India

    According to the Fortune 500 list published in march 2020, only 29 Indian companies had women at senior management and executive levels. The number has grown by a measly 6% in the past decade. Today, women own around 20% of micro scale business in urban and rural parts of the country.

    In July 2020, more than 1.3 billion people will have lived in India. Women constitute 48% of this large figure. Women account for 19% of India’s total labor force. Around 3.8% are CEOs and Managing Directors of listed companies in India. This number has seen a slight uphill from 3.2% in 2014.

    Whereas only 8% women are found to be in top management positions, 13.8% women are board of directors in companies listed on the NSE. Chief Human Resource Officers, a global domain where countries like the US and South Africa overrule positions, and India is still trying to reach a mark, women attributes are only 30%.


    Ghazal Alagh, Co-founder, Mamaearth, On Women Entrepreneurship
    The history of International Women’s Day dates back to 1908, when some 15,000women marched on New York City in the name of better working hours, fairer pay,and the right to vote. Three years later in 1911, the first official IWD wascelebrated throughout Europe as more than a million women walked 



    According to Fortune magazine, Listed below are the top 10 women in corporate India who are shattering the corporate glass ceiling

    • Nita Ambani- Non-Executive Director, Reliance Industries, Co-owner, Mumbai Indians
    • Zia Modi- Co-founder, AZB & Partners
    • Kiran Mazumdar Shaw- Executive Chairperson, Biocon
    • Suneeta Reddy- Managing Director, Apollo Hospitals Enterprise
    • Renu Sud Karnad- Managing Director, HDFC
    • Samina Hamied- Executive Chairperson, Cipla
    • Vinita Gupta- CEO, Lupin
    • Kallie Puri- Vice Chairperson, India Today Group
    • Ashu Suyash- Managing Director and CEO, CRISIL
    • Roshni Nadar Malhotra- Chairperson, HCL Technologies

    Smita V Krishna has been named the richest women in India with a net worth of 434 billion INR and Kiran Mazumdar Shaw was named India’s richest self made women and was ranked third in the overall ranking in 2019.

    While we cannot stop raging about how Indian women are reigning top positions, we cannot forget the dip in the total female labor participation. One would rejoice as the country’s GDP has grown over 6% from 2014 resulting in more employment opportunities, but there has been a considerable decline in the rate of female labor participation, from 42% in 2005 to 23% in 2018.

    It is as if half the female workforce just dissolved themselves. This could be a huge concern to the Indian Ecosystem, since it has abundant labor power and according to one estimate, India has the potential to grow its GDP by $2.9 trillion USD by 2050.


    What prejudices do women face as entrepreneurs?
    Women in Entrepreneurship! Even after 73 summers of independence, this phrasepleasantly raises a few eyebrows. And the ‘pleasantly’ that I added before theraise doesn’t sound as pleasant as it should be. Rather, it is a matter ofconcern for our country. According to a census, women make only arou



    Women in Indian Parliament

    In 2019, only 78 of 542 seats in the lower house of the Parliament were filled by women. This is a record high figure. However, this percentage amounts to only 14% which is still a long way from equivalence.

    Strength of Women in Lok Sabha
    Strength of Women in Lok Sabha

    Stats Around the Globe

    The global participation of women in senior management has grown to 29%, the highest number ever recorded. In 2020, it maintains the status quo. 87% of global mid-market companies have at least one woman in a senior management role in 2020.

    The women employees seem to crowd the areas like administration and support functions, while men are deep into Operations, R&D, P&L, qualities that are often reviewed for positions for CEO and Board of directors. Around the globe, 40% of women are Human Resource Directors, 17% are chief marketing officers and 16% are Chief Information Officers.


    The Challenges Women Face as Entrepreneurs
    For a long time now, Bollywood and the storybooks have been raking mullahsthrough selling the idea of a fairy-tale. Something that’s so deeply rooted andthen marketed in and around women that many have started believing that afairy-tale is the ultimate destination for a woman in our country and e



    Reasons for declining numbers of Female workers in India

    Although Indian women are resiliently grabbing a chance at education, it seems that not many of them are looking forward for paid work. As said earlier, women, especially married and from rural towns, have no agency when it comes to the decision of taking up a paid job.

    Many families believe that men are the primary breadwinners. This assumption is keeping women devoid work and are confined to schooling kids at home and taking care of the elderly. The gender roles are so engraved in our society that women are calling it quits and returning home to take care of their families.

    Apart from this, gender pay gap, sexual harassment and proximity to work are major reasons why female workers don’t engage themselves in paid jobs.

    FAQ

    What percentage of the workforce is female in India?

    19.9% of the workforce is female in India.

    Who is the first woman CEO in India?

    Indra Nooyi is the CEO of Pepsi and ranked as the world’s 100 most powerful women.

    Who is the Highest paid female CEO?

    Lisa Su is the highest paid female CEO according to the Associated Press’ annual report on CEO salaries.

    Who is the most powerful woman in India?

    The non-executive director of Reliance Industries Nita Ambani is the powerful woman in India.

    Conclusion

    India is far from parity when it comes to gender based policies. We have to get better at giving women the agency and opportunities, and in such a way that women don’t hesitate to accept jobs and excel in their fields. Women contribute to nearly half the country’s population.

    We need to believe in the female workforce to accelerate the growth of Indian economy. We hope that more women empower themselves by not just being a meal maker but by becoming a meal earner.

  • Why Tesla Chose Bangalore for its Manufacturing Unit

    In 2020 the Transport Minister, Nitin Gadkari had announced that the U.S based Electric Vehicle company Tesla would enter in India. He told that in the beginning they would try to sell some cars and depending on the response of the sales they would start their R&D center in India.

    After several years of delay, Tesla finally entered in India. On 12 January 2021, the company officially announced its arrival. They have registered in Bangalore, Karnataka by Tesla’s registrar of companies (Roc). The company’s registered name is Tesla India Motors and Energy private Limited. It is considered as a foreign subsidiary registered in India.

    The Chief Minister of Karnataka, B.S Yediyurappa tweeted happily and gave a warm welcome. But there are reasons as to why the company chose Bangalore to set up its R&D center.

    R&D of Automotive companies
    Talent Pool
    Policy Support
    FAQ

    R&D of Automotive companies

    Bangalore has a collection of technical and R&D centers. It accounts for more than a dozen automotive companies in the country. Bangalore has operational R&D units of automotive brands such as Mercedes-Benz, General Motors, Great Wall Motors, Mahindra & Mahindra, Continental, Bosch, Volvo, and Delphi.

    Bangalore has a lot of electric vehicle startups as well. The Karnataka Government states that there are more than 45 electric vehicle startups that are based in Bangalore. Startups like Ather Energy, Mahindra Electric, Ultraviolette Automotive are mostly concentrated on the two-wheeler segment.

    Ola Electric which announced recently that it is going to enter into the automotive sector is also based in Bangalore. Since there are a lot of technical and R&D units of the biggest companies and electric vehicle startups, Tesla would have chosen Bengaluru as its manufacturing unit.

    Number of Tesla vehicles delivered worldwide
    Number of Tesla vehicles delivered worldwide

    How to Start Used Car Dealership Business In India – StartupTalky
    A used car dealership business in India means that selling used cars tocustomers who are looking to own a vehicle but their savings money does notallow them to buy from ex-showroom price and earn profits. The COVID-19(Coronavirus Disease) pandemic has placed the automotive industry at greatdisru



    Talent Pool

    Bangalore is known as the IT Hub, the district has headquarters of companies like Infosys, Wipro, Accenture, TCS, and many more. Bengaluru has around 3,00,000 IT students studying in various colleges across the country.

    Tesla will be able to benefit from the huge talented IT and engineering graduates in Bangalore. Automotive companies have used the Indian R&D centers to work on projects not only for India but even projects for other countries including China, Europe, and the U.S.

    Software Engineers are working with Mercedes Benz in projects such as developing driverless cars. Great Wall Motors, the Chinese company has set up its R&D center in Bangalore, to work on their Electric Vehicles.

    Automotive brands have already set up and are using the talent of Karnataka’s Capital. They have seen the outcome over the years. Tesla would also have foreseen the IT and the engineering talent available in Bangalore, being one of the reasons to set up its unit in Karnataka’s capital.


    Exhaustive List Of Top Startups In Bangalore [2020 List]
    Bangalore, also known as Bengaluru, is the center of India’s tech industry. Itis famously referred to as the Silicon Valley of India and the IT capital ofIndia because of its position as the nation’s leading information technology(IT) hub. Be it a large MNC or an emerging startup, Google Maps wil



    Policy Support

    Other than a home for the major automotive companies, the state has certain policies. The policies act as one of the major reasons for Tesla to set up its unit in Bangalore.

    Karnataka is concentrating on setting up an Electric Vehicle Hub in the State. It has allocated around $3 Billion (around 219 crores) for setting up an electric vehicle hub, lithium-ion cell, and battery manufacturing unit which includes Electric vehicle manufacturing bases in Hubbali and Dharwad. It is 400 km from Bangalore.

    Karnataka had approved a new policy in 2017 which is the “Electric Vehicle and Energy Storage Policy”. The state aims to create around 55,000 employment and attract investment of Rs 31,000 crore. To reduce dependency on fossil fuels and reduce its carbon footprint, the union government has unveiled its vision to make the country an all-electric vehicle market by the year 2031.

    The state also provides a lot of incentives for setting up Electric Vehicle plants. It provides incentives such as reimbursement of land conversion fees, an investment promotion subsidy, 100 percent exemption on stamp duty, and many more. This would be the greatest advantage for Tesla. It must have been the easiest way to enter the country.

    FAQ

    Who is Tesla’s biggest competitor?

    The Chinese EV maker Nio is one of Tesla’s biggest competitor.

    Who sells the most electric cars in the world?

    Tesla sells the most electric cars in the world.

    What is the Valuation of Tesla?

    The US Electric car maker Tesla is worth about $700 billion as of 2020.

    Tesla Model 3 is the world’s most popular electric car.

    Conclusion

    In 2018, Elon Musk the CEO of the company had said that certain government regulations are making it hard for them to enter the country. He also mentioned that the company required 30% of some raw material to be available locally for manufacturing and India lacked these. But, now different automobile industries are setting up their plants and companies in India, also Apple have started their manufacturing unit in India.

    Elon Musk has a huge number of fans in India and he is moreover known as the real Tony Stark. This shows that the company has huge potential in the country.

  • How Brands Can Leverage Clubhouse – An Emerging Social Media Platform

    The Clubhouse is a social media app that is dependent on audio. It has rooms similar to Facebook groups where people can join and get into conversations with people. The only difference would be that this platform would be more like a group voice call.

    Users need to get an invite from their friends to sign up into clubhouse and their friends should already have an account on the platform. The platform is in its initial stages and works on an invite-only basis.

    You can join any group according to your preference and each group would have different conversations. You can raise your hand and get involved in the conversations by expressing your viewpoints and asking queries. This social media platform has a valuation of about $1 billion.

    The platform has created a lot of hype in the market as each user would get only 5 invites and people have gone crazy for it that they started selling their invites on eBay. This social media platform has helped the brands leverage a lot of opportunities to increase their growth. Below are the ways through which the brands leverage this platform.

    To connect with their customers
    Building brand affinity
    Carrying out product placements
    Educating the customers
    Gathering feedback
    FAQ

    To connect with their customers

    Since clubhouse is an audio platform it helps the brands to connect with their customers. If you are a customer and part of the clubhouse room of a specific brand, you can get into the conversations and listen to the person representing the brand. This will develop a professional and personal relationship with the customers.

    Brands can connect with their audiences by speaking about a specific topic or controversial topics, getting into discussions with the customers and creating an inter-personal relationship. The choice of the topic depends on the brand or their campaign. Clubhouse helps the brands to maintain a good relationship with their customers.

    Building brand affinity

    Once the brands are able to connect with their customers, they will be able to maintain them. During the process of connecting, they can offer extra services where the customers can address their problems and brands being able to give a solution to those.

    It will make the customers feel like they are a part of a community and helps to maintain loyalty and the customers would return back to the same brand for their services. They would have a personal connection towards the brand. It helps in building the brand affinity.


    Guidelines for Social Media Influencers in India
    Digital Media – something that has changed the idea of marketing and advertisingover the decades. It can be safely put that digital media’s growth is that of adorky teenage kid who’s just been hit by puberty. It now has become anindependent platform for digital content creators and advertisers al



    Carrying out product placements

    Brands conduct product placements through clubhouse. They can again initiate the conversations between their customers. The head of the company can ask the customers about the issues they are facing on a topic which can be related to the services provided by the company.

    Once the customers start expressing their view points and problems, the company can mention their services and how they can help them in solving their problems. In this way brands can conduct product placements and it’s not necessary that product placements are supposed to be visual.

    This can create a situation where the customers feel that as an advice or suggestion given by a person more than advertising a product.

    Clubhouse User Growth Over Time
    Clubhouse User Growth Over Time

    Educating the customers

    Brands are using this as a tool to educate the customers about their products. The brands can provide information about their services and how their services can be helpful to the customers.

    They can provide information about the company, create a story line and make it more interesting or they can come up with creative ways to communicate about their brands to their customers.


    Top 10 Viral Marketing Campaign Analysis and their impact on Startups
    I was spending some time in the virtual world with Facebook[/facebook-ads-dropshipping-business/] today, suddenly there was this offer tobuy some interesting household [/facebook-ads-dropshipping-business/] goods.They seemed reasonably priced too! Then after a few minutes, there was anotheradve



    Gathering feedback

    Clubhouse are used by brands to gather feedbacks. The customers get an advantage of expressing their grievances and feedbacks directly to the important person of the company rather than trying to contact the telecallers and waiting for them to respond. This makes the tedious task much easier and more effective for the customers as well as the brands.

    The brands would get an idea about the problems faced by the customers and how much is it affecting them. This again creates a personal relationship.

    FAQ

    What is Clubhouse app used for?

    Clubhouse is an audio-only social media app used for sharing constructive conversations.

    What is the valuation of Clubhouse?

    Clubhouse reached a valuation of $1billion.

    Who is Clubhouse owned by?

    Clubhouse was founded by Paul Davison and Rohan Seth and is owned by the Alpha Exploration Co.

    Conclusion

    However, the future of clubhouse is uncertain. The brands may find other ways to leverage the app and work on growing their business and maintaining their relationship with their customers.

    Other social media apps can copy the idea of clubhouse and come up with a replica which would increase the competition. As of now clubhouse is still developing an app for android users. There is a huge potential for this app because of its valuation and high user base.

  • 20 Interesting Facts About Netflix You Need to Know

    Netflix is currently one of the biggest OTT platforms in India. It was founded in year 1997, in United Sates by Reed Hastings and Marc Randolph. Netflix has a very interesting past that needs to be Explored, so Here are 20 interesting facts about Netflix that you need to know.

    Advertisements
    Awards
    Most Watched Movie
    Netflix’s DVD service
    Own Subscriptions
    Internet Traffic
    First Film
    House Calls
    Web Series
    Netflix Paid Disney
    Smart Tv
    Kibble
    American Households
    Tesla
    Title Recommendations
    6 Titles
    Blockbuster
    Award Shows
    Special Socks
    Tv and Cable Networks
    FAQ

    Advertisements

    Netflix subscription saves you from 160 hours of advertisements. Before Netflix, an average individual used to spend around 160 hours of his time watching an advertisement on his subscribed television channels.

    Awards

    In 2018 Netflix won more Emmy awards than HBO. When Netflix started creating its original content everyone doubted the quality but in 2018 it won more Emmy awards than HBO. HBO had been winning the most awards at the annual television awards ceremony for the past 17 years.

    Most Watched Movie

    In 2017 a Netflix Subscriber watched the movie Madagascar 352 times. It is more like watching the same movie every day the entire year.

    Netflix’s DVD service

    In 1999 Netflix started offering subscription-based DVD service. Even now around 2.7 Million people subscribe to Netflix’s DVD service.

    Netflix DVD Service
    Netflix DVD Service

    Own Subscriptions

    Netflix allows you to share your account with your friends and most probably you would even have subscribed to a Netflix account pooling in money with your friends. But still, 55% of the Netflix users pay for their subscriptions.


    Detailed Comparison between Netflix and Amazon Prime Video and how to choose
    The entertainment industry has evolved drastically over the last few years owingto the streaming websites, with growing choices for accessing online content.Digital media has made its way through a remarkable evolution over the last fewdecades. New platforms and streaming sites have emerged that 



    Internet Traffic

    In the first half of 2019 Netflix generated the most amount of internet traffic which accounted for 12.9%. It was 0.6% more than the traffic generated by Google.

    Netflix Internet Traffic 2019
    Netflix Internet Traffic 2019

    First Film

    Netflix’s first film was called the Example show. It was made to test the frame and the quality of the film. Example show was a short-film which had strange and random scenes put together.

    House Calls

    Netflix’s employees had to make house calls in the beginning. People living around the California area used to receive house calls for taking a survey. They used to collect the data to know which titles to add next to their library.

    Web Series

    In the web series ‘The Witcher‘, Henry Cavill the actor has done all of his stunts. Also the web series ‘Sex Education‘ was filmed on purpose to depict the school culture of the British and the U. S.


    Top 7 Netflix Movies Every Entrepreneur Should Watch
    Every entrepreneur out there is still wondering when the COVID-19 lockdown isgoing to end and how can they go back to their entrepreneurial life and delvemore for what they love? On a lighter note, it might be a very much intimidatingtime of the year but here we put up an awesome list on top 7 mo



    Netflix Paid Disney

    Netflix used to pay $300 Million to Disney to stream its content. Disney used to play Netflix’s content before the release of Disney+.

    Smart Tv

    Smart TVs are being more and more common in recent years. It is observed that 80% of the Netflix Subscribers are using their services on their Smart TVs.

    Kibble

    In the early days, the company found it hard to find a name. The co-founder Marc Randolph suggested the name “Kibble”. It was a temporary and the first name of Netflix. Later the company was renamed as Netflix.

    American Households

    Netflix subscriptions have grown exponentially from 2010. In 2010, the number of American households who owned Netflix was 16%, and in a decade, it increased to 62%. Almost two-thirds of American households own a Netflix account.

    Tesla

    The CEO of Tesla, Elon Musk had informed that you could stream Netflix in your Tesla car from 2019. This feature can be used only when the car is safely parked. This keeps the passengers entertained while waiting for their cars to charge or waiting to pick someone up.

    Netflix can be streamed on Tesla
    Netflix can be streamed on Tesla

    Title Recommendations

    Most of Netflix’s subscribers watch popular shows. But 80% of Netflix’s subscribers watch the recommendations given by the algorithm.


    Voot | Digital Arm of Viacom 18 | Company Profile |
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. Voot is a video-on-demand platform designed to watch TV shows and movies online.The company’s pla



    6 Titles

    Netflix’s users will have at least 6 titles they have watched it in common. Netflix finds this as a common factor in its large user base.

    Blockbuster

    In the year 2000 Netflix was about to sell it to Blockbuster for $50 Million. The company thought it was the right decision as they didn’t have enough money to survive. Blockbuster later rejected the offer and now Netflix is the largest OTT platform.

    Award Shows

    In 2013 Netflix had released its own award show called the Flixies. It was a fan-based awarding, Netflix subscribers could choose the nominees and winners through voting in numerous categories. This was just an experiment done as a promotional strategy.

    Special Socks

    Netflix designed a special sock that detects when you fall asleep. The socks will automatically pause your show so that you don’t miss out on any part of it. It has some electronic devices which will detect your pulse and do the work.

    Tv and Cable Networks

    Currently, Netflix has a greater number of subscribers than any other Tv and cable network in America.

    FAQ

    Who is Netflix main competitor?

    Amazon prime video is the main competitor of Netflix.

    Who refused to Buy Netflix?

    In the year 2000 Netflix was about to sell it to Blockbuster for $50 Million, but Blockbuster rejected the offer.

    Who is the CEO of Netflix 2020?

    Ted Sarandos is the current CEO of Netflix and has also been elected as board of directors of Netflix.

    Conclusion

    Netflix is the leading OTT platform that has increased its subscription base over the years. It has made a majority of the individuals change from the traditional Tv and cable operations. Netflix in India is growing exponentially. The subscription rate of Netflix has been increasing among the Millennials.

  • Indian Startups May Soon Start Listing Overseas

    Indian startups may become the new eye candy for foreign investors as RBI and SEBI come together allowing them to enlist themselves in foreign jurisdiction. The tech ecosystem is flourishing at a steady pace in India. This pace might get some acceleration if Indian startups decide to approach funding by enlisting themselves outside India.

    However, until recently, SEBI, the stock market watchdog, had certain compliances which made listing on foreign exchanges a troublesome task.

    Under the current rules, Indian companies are allowed to issue only specific currencies such as depository receipts on foreign stock exchanges- that too only if you are a company enlisted in India. This is about to change as the government along with SEBI and RBI has now allowed Indian conglomerates to enlist themselves abroad.

    What are the Changes Made by the Government
    Companies that are Seeking Foreign Stock Exchanges
    Benefits of Listing On Foreign Stock Exchanges
    Key benefits of listing Overseas
    Creating a Brand Presence
    Native Concerns
    FAQ

    What are the Changes Made by the Government

    In the Companies (Amendment) bill 2020 passed by Rajya Sabha in September last year, it seeks to amend Sec 23 of Companies Act 2013, which prescribes the manner in which private and public companies may issue securities.

    Earlier, the companies who preferred enlisting themselves on foreign stock exchanges were compelled to do so with several restrictions laid out by SEBI. With the amendment coming into force, not only existing Indian companies but newbies too can enlist themselves under foreign stock exchanges. The center along with SEBI and RBI are working on a framework to bring this into practice.


    PepsiCo Subsidiaries – List of Everything that PepsiCo Owns
    People all around the world know about Pepsi, its products are enjoyed over onebillion times just in a day by its consumers. PepsiCo Inc[/pepsico-success-story/] is an American multinational company thatmanufactures, markets and distributes various snacks, food and beverages.PepsiCois also known



    Companies that are Seeking Foreign Stock Exchanges

    Infosys, the Indian tech giant became the first company to get listed on a foreign stock exchange when it enlisted itself on  NASDAQ (National Association of Securities Dealers Automated Quotations) on March 11, 1999. Post Infosys, a number of Indian companies decided to join the league including ICICI, HDFC Bank, Wipro and travel tech company MakeMyTrip.com.

    Along with NASDAQ, there are other exchanges overseas that are trying to grab the attention of Indian companies. Amongst the top ones are NYSE, Tokyo Stock Exchange, London Stock Exchange who are trying to meet Indian firms and lure them into enlisting themselves on these platforms.

    India has more than 30 unicorns such as OLA, Byju’s, Swiggy and Paytm who could be beneficiaries of this government initiative. While this is being applauded and celebrated, UK based Bay Capital announces Pre IPO investment in India’s largest insurance aggregator, PolicyBazar.com.

    Siddharth Mehta, founder and chief information officer of Bay Capital, said, “We are excited to partner with the excellent management team of PB Fintech, which is transforming the way insurance is bought in India. Customer centricity has been the heart of their proposition and has helped them become the platform of choice for customers.”

    Highest Valued Startups in India 2020
    Highest Valued Startups in India 2020

    Reasons Why These Startup Sectors Bloomed During Lockdown
    In the unprecedented time, where everyone is talking about the economic slowdownand financial difficulties, there have been a few startups sectors that havemanaged grow exponentially well. The covid 19 has shaken the world and hasbrought many business to a halt, although startups have lost their 



    Benefits of Listing On Foreign Stock Exchanges

    Indian startup ecosystem has now been exposed to a vast capital market which was in oblivion before the announcement. Of course, there are companies who have taken the road to foreign stock exchanges but notably it took Indian companies 30 long years to finally go abroad.

    SEBI has been a tenacious watchdog and companies have struggled to move out of their regional boundaries. With the changes prompted by the center, Indian companies, especially startups are doing the happy dance since a vast capital market has been exposed to them.

    Key benefits of listing Overseas

    Wider Investor base

    Listing overseas will expose Indian companies to a larger pool of investors broadening their investor base.

    Soared  Valuations

    More investors along with an understanding of global influence, raised cap for funding.


    List of Major Subsidiaries of Reliance Industries | Reliance Owned Companies
    Reliance Industries Limited is an Indian multinational conglomerate company thatis headquartered in Mumbai, India. Reliance owns businesses across India engagedin energy, petrochemicals, textiles, natural resources, retail, andtelecommunications. Reliance is one of the most profitable and the lar



    Creating a Brand Presence

    Overseas listing has put companies like Wipro, HDFC Bank, ICICI on the global map and will do the same for companies that are considering this move. No pros for any decision exist without their cons. Economic experts fear that Indian companies may face tax complications in a market regulated by foreign law makers. Dual listing may bring concerns over co-existing in foreign waters and on the home ground.

    Native Concerns

    Internet entrepreneur Sanjeev Bikhchandani says an estimated Rs 17 trillion of market cap has been transferred abroad after young Indian Startups were forced to shift their company domicile overseas by foreign investors promising the funds they need for growth.


    There is a fear shared by many economic well wishers that listing overseas would be giving up a part of the ecosystem which is full of potential and may drive the aspiring Indian entrepreneur away from his/her roots.

    FAQ

    Which country has the most number of Startups?

    United states is the country which has the most number of Startups.

    Can Indian companies list overseas?

    Ministry of Finance, Government of India announced that Indian companies would now be allowed to list their shares directly in foreign stock exchanges.

    Is dual listing allowed in India?

    The Indian government has decided not to mandate secondary listing for domestic firms which choose to list on overseas stock exchanges.

    Conclusion

    Indian ecosystem is a hidden treasure which is about to get explored by the global market. Several startups have been meaning to raise funds through ICOs (Initial Coin Offering) which is through crypto funding.

    Apparently, we are running out of investors in India and foreign involvement is seeking an approval at large. While this may be a great opportunity for upcoming companies, there will always be dismay of profits  flowing out of the country.

    Listing overseas calls upon a bundle of opportunities for Indian companies to have a global footprint. It not only will enable India to aspire for a spot in the global marketplace but also will take Indian ecosystem towards becoming a global superpower.

  • Entrepreneurial Quotes And Life Hacks Of Elon Musk

    Elon Reeve Musk is a technology enthusiastic entrepreneur, using his sharp and clever mind in technological investment, and engineering. Elon Musk is trying to save the world by recreating and innovating every industry he has come across with, be it media and finance to transportation and energy.

    He is the Founder, CEO, CTO and Lead Designer of SpaceX and also the product architect of Tesla Inc. He also has other ventures and has a net worth of $171.6 Billion and is the third richest person in the world right now. Musk is one of the most admired people, especially for his creative and innovative skills.

    Life Lessons by Elon Musk
    Top Entrepreneurial Quotes by Elon Musk
    Some small tips from Elon Musk’s speeches at various university
    Elon Musk’s work formula

    Life Lessons by Elon Musk

    Elon Musk
    Elon Musk

    1. Hardwork is the key to success

    Work harder than the average people. Don’t work 100, but 150 percent, which will give you the edge over all the people. Hard work always pays and working hard more than the other humans, will be always beneficial.

    2. Work with smarter guys

    “Show me your friends and I’ll show you your future.” This quote works well while hiring people. If you hire one smart guy instead of 3 normal guys. In that case, one guy working for 1 hour is better than two guys working 6 hours and also saves man-power. It is a mistake to hire huge numbers of people to get a complicated job done. As number will never compensate for talent, getting the right answer will tend to slow down progress, and will make the task incredibly expensive. The personality of a person also matters along with the talent the person has and these two traits go hand in hand.

    Elon Musk to create Brain – Machine Interface with Neuralink
    In an hour-long interview in Joe Rogan’s podcast, SpaceX [/tag/spacex/] and Tesla [/tag/tesla/] CEO Elon Musk said that his neuro-tech company Neuralink isgoing to launch the first product that can make any brain function as asuperhuman AI. San Francisco headquartered Neuralink is developing impl


    3. Professionalism in business

    Don’t always be nice to people. In business, be as direct as possible. Give higher priority to goals than money. Have a higher goal in life rather than focusing on making money. The money will be the outcome of the higher goals. Know as many details as you can know of your work, to be an expert in your field.

    4. Believe on your decisions

    If something is important enough and there are odds against it, against you, you still have to pursue it. Persistence is very important. You should not give up, unless you are forced by your mind to give up.

    5. Clear vision

    If one has a vision and is continuously working on the idea, then Nothing is impossible. Life is too short for long-term grudges. Know what motivates you. Keeping your eye on the ball is key. The key to success and to fulfill your dreams is having clear vision.

    Elon Musk: Space X | Tesla Motors – Biography
    This figure needs no introduction. The man with the citizenship of South Africa,Canada, and the United States, the entrepreneur is without second thoughts themost talked about man in the tech industry now. There’s nothing that this mancan achieve. At 47, he has achieved almost everything one can 


    6. Listen to your instincts

    Follow your guts. Listening to one’s instincts is natural to everyone but we usually tend to curb down our natural thoughts owing to external response and stimuli. Don’t do it. Follow what your inner mind says and block out all the external thoughts. It is never too late to find out what one loves and pursue it as a dream.

    7. Learn from your failure

    Learn from your failures and keep going. Learn from your mistakes. See what went wrong and what is stopping you from getting the desired results. Work on it and keep moving. Everyone follows the heard, try to break-free of the heard and challenge the norms. The one who breaks the mediocrity are the ones who become successful in life and everyone follows them. Don’t be afraid of new arenas. Always consider failure as an option and keep hustling.

    8. Be like water

    Always have a adaptive nature and be comfortable with the change. No one knows what challenges might come in future. Successful people knows how to adapt to any situation and they continue pushing themselves to reach their goals. No matter what comes in the way, embrace it, and try to solve the problem instead of complaining about it.

    9. Improve the Product, not the marketing

    The bigger a company gets, the more it spends on marketing, and in some cases, their marketing budgets surpass the budget of any other aspect of their business. This means that you are investing more in improving promotion than in improving the quality of your product. Focus on improving the product. The word-of-mouth will do the marketing for you.

    10. Work consistently

    Consistency is the key. It’s matters a lot and takes time. In order to be consistent, you have to maintain positive behavior and perform day after day, until you get what you desire. If you get what you desire, then celebrate for a while. The prizes are not an excuse to take rest. There’s nothing wrong with taking some time to celebrate and enjoy your successes. But yeah, don’t celebrate too much and get derailed from your goal.

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    Top Entrepreneurial Quotes by Elon Musk

    “You get paid in direct proportion to the difficulty of problems you solve”

    “Failure is an option here. If things are not failing, you are not innovating enough.”

    “Persistence is very important. You should not give up unless you are forced to give up.”

    “I don’t think it’s a good idea to plan to sell a company.”

    “People work better when they know what the goal is and why. It is important that people look forward to coming to work in the morning and enjoy working.”

    “Starting and growing a business is as much about the innovation, drive, and determination of the people behind it as the product they sell.”

    “When Henry Ford made cheap, reliable cars, people said, ‘Nah, what’s wrong with a horse?’ That was a huge bet he made, and it worked.”

    “You have to say, ‘Well, why did it succeed where others did not?’”

    “As much as possible, avoid hiring MBAs. MBA programs don’t teach people how to create companies.”

    “Don’t delude yourself into thinking something’s working when it’s not, or you’re gonna get fixated on a bad solution.”

    “I say something, and then it usually happens. Maybe not on schedule, but it usually happens.”

    “If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.”

    “I don’t spend my time pontificating about high-concept things; I spend my time solving engineering and manufacturing problems.”

    “People should pursue what they’re passionate about. That will make them happier than pretty much anything else.”

    “Failure is an option here. If things are not failing, you are not innovating enough.”

    “Being an entrepreneur is like eating glass and staring into the abyss of death.”

    “Really pay attention to negative feedback and solicit it, particularly from friends. 
 Hardly anyone does that, and it’s incredibly helpful.”

    “You want to have a future where you’re expecting things to be better, not one where you’re expecting things to be worse.”

    “Brand is just a perception, and perception will match reality over time.”

    Some small tips from Elon Musk’s speeches at various university

    • Work super hard.
    • Attract great people.
    • Focus on the things that actually make a difference.
    • Don’t just follow the trend.
    • Take risks.
    • Focus on signal vs noise.
    • Work with the best possible people.
    • Work hard, and work very smart.

    Elon Musk’s work formula

    1. Practice managing cortisol

    The second aspect of this is that when you are with friends, your body gets a rush of serotonin whereas when you are at work, your body gets a rush of cortisol. To adapt biologically to achieve anything that has to do with ~ 16 hours of work per day, one has to embrace a very good response about cortisol rush.

    2. Look to the solution

    No matter what the situation is, you have to look at the situation from the point of view of an problem, and deriving an solution. And this is a hard but possible way to do it.

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    3. Calibrate each task

    Learn to get more efficient at embracing stress. To do this, “calibrate each task”. Think about a simple situation: You head out of your home to catch a flight, and you are stuck in traffic. Your stress level increases very quickly. If you were to calibrate this and say – no matter what the traffic conditions are, no matter what the weather is – the journey to the airport from my home takes ~ 35 mins. Then if you take ~ 55 minutes in hands and travel accordingly you cannot be stressed out.

    4. Do not stress

    Most efficient people do not stress about a problem. They just identify it quickly, plan a good solution, and work on the solution. Their stress level remains low enough, and therefore they are able to make this a habit.

    Rules of success of Elon Musk

    5. Do not let others get stressed out

    When one person in the team panics, many others panic. It is very important to keep a very cool temperament when stressful situations arise. If a soccer team coordinates well, while keeping a cool temperament, they can win a match with one fewer player. But if one player demoralizes the whole team, they can  never win a match.

  • Reasons Why Packers And Movers Business Model Is So Successful

    Home and office relocation is one of the tedious processes and without professional assistance, it will be a difficult process for people while shifting their belongings. To meet the requirements of individuals for the relocation, packers and movers plays an important role.

    Packers and movers provide top quality packing material and also ensures about security and safety of each item.

    The packers and movers offer end to end shifting options and it is designed as per a client’s requirements and offers a vast range of household, corporate, commercial shifting services. Presently, there are several providers of the business model of packers and movers, which helps people in identifying a list of packers and movers from India and overseas. The motive of the platform is to assist people in finding their packers and movers, which are suitable for their relocation needs.

    This professional service provides customized moving services for domestic as well as international relocation services.  The website has attempted to enlist professional packers and movers from each part of the metropolitan urban areas.

    About Packers And Movers Business
    The Business Model of Packers and Movers
    The Process That Packers and Movers Follow
    What Makes The Packers And Movers The Best in The Industry

    About packers and Movers Business

    The packersmovers.com is a one-stop platform for getting various solutions on relocation. The website has a vast network of packers and movers service offerings, which are trusted and operating throughout the country. With this one can assure you of getting the most steadfast solutions in the field of household and office relocation.

    The logo of Packers Movers
    The logo of Packers Movers

    What makes them a unique platform is their business model and online directories for packers and movers in India as they deliver verified relocation services at economic quotations. The site has a vast variety of packers and movers organizations that are enlisted on the website. The website carries all the measures while conducting the screening process to ensure flexibility,

    It has passed through all the required measures of screening for ensuring suitability and legitimacy. It covers all the geographies of the country’s urban areas.

    The team of professionals employed at these companies are trained and experienced to handle all kinds of goods efficiently. The noteworthy aspect of the website is that it prefers quality over quantity and introduces its customers to a selected group of trustworthy and highly acclaimed companies.


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    Every startup builds a business model that is viable and promises huge returnsafter a specific time frame. But for a business to sustain itself in this highlycompetitive ecosystem, earning revenue along with some investments is important.So, here are some revenue model [/tag/revenue/]i.e. a chann



    The Business Model of Packers and Movers

    The Packers and Movers do not provide any relocation services directly to people. It is only a trustworthy online reference platform to find the best packers and movers in India. The packersmovers.com operates in all major metros of India. The packers and movers business model are known for cost calculator that has made the decision-making process easier as it just requires the customer to enter a few details of your move on the website to get the moving cost estimate within a few minutes.

    ‌The key specialized offerings of the packers and movers are packing, loading, transporting, unloading, and unpacking. The final relocation charges are dependent on various factors packaging cost, labour cost, fuel cost used in transportation, insurance (if applicable), taxes, etc.  Perishable items, plants, flammable liquids, pets, valuables, corrosives, and hazardous materials will not be relocated by the packers and movers.

    The Benefits of hiring packer and movers
    The Benefits of hiring packer and movers

    GST rate –  When a person uses all of the company’s relocation services, such as packing, loading, and unpacking, the GST rate applied to the services of packers and movers is 5%.

    Charges or rates of packers and movers in –  The packers and movers charges are Rs 3,000 to Rs 18,000 for local shifting up to a distance of 13 km to 30 km and Rs 5000 to Rs 20,000 for distances greater than 31 km.

    Factors on which Packers and movers charge moving costs –  Distance between current and new locations, packing materials used, labour charges, and the number and size of items to be relocated are all factors.

    Local Relocation Cost
    Transportation cost Rs 1,000 to Rs 4,000
    Packing, loading & unloading Rs 2,000 to Rs 6,000
    Domestic Relocation Cost
    Up to 400 km Rs 4,000 to Rs 30,000
    400 – 800 km Rs 6,000 to Rs 40,000
    800 – 1300 km Rs 7,000 to Rs 45,000
    1300 – 1900 km Rs 8,500 to Rs 50,000


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    For any company to survive in this ecosystem of severe competition, they musthave a very strong business [https://startuptalky.com/tag/business/] modelbacking their idea or innovation. A business model is often termed as a planaccording to which a company operates, it includes target consumers, t



    The Process That Packers and Movers Follow

    The following steps are included in the relocation process carried out by professional packers and movers.:

    • Conduct a pre-move survey of the customer’s location to record the relocation’s specifics.
    • Disassembling all furniture, electrical appliances such as televisions, and other items to make the relocation more manageable.
    • Transportation of belongings from one location to another.
    • The items are being unpacked at the location.
    • Using high-quality packing materials to pack everything.
    • Unloading the items from the truck with care.
    • The transaction is completed with full payment for their services.
    • Loading all household items into the transport vehicle with care.
    The process of packers and movers
    The process of packers and movers

    What Makes The Packers And Movers The Best in The Industry

    While every other shifting company assures its clients of its user-friendly services, the website emphasizes spot-free results than lavishly propagating our services. The key aspects that make them on the top of the market are:

    • Customers are given a comprehensive moving guide. This enables them to obtain all of the useful tips on various aspects of moving, such as pre-relocation tips and various ways to reduce the scope of damages.
    • Using guidelines will assist customers in fully preparing on their end, reducing hassles and ensuring a smooth relocation.
    • Customers’ needs are well understood by packers and movers, who provide them with free quotes on a variety of customised services. This allows them to negotiate more effectively with the representatives.
    • In terms of customer satisfaction, the website enables its users to receive expert advice from renowned translocation experts on how to have a safe and cost-effective relocation experience.
    • The experts also provide reviews about various packers and movers on our website, assisting users in selecting the best transportation services.
    • Their customers submit questions about various aspects of relocation to their website. Using these Frequently Asked Questions (FAQ), one can quickly find a solution to his or her problem…

    How do Companies choose a suitable and perfect location for the business
    Before an entrepreneur starts shopping for business space, he needs to have aclear picture of what must he’d like to have or work in, he/she should be clearwhat they won’t tolerate and how much are they able to pay. Analyzing the wholescenario feels like it is a time-consuming process that’s both



    Home Relocation Services

    The amount of work involved in a home relocation service is extensive, and it can be stressful. This is why many people choose to hire home shifting services from reputable movers and packers. These companies have many years of experience and expertise in completing a domestic move within the city or across town. They perform the relocation task using modern and advanced techniques.

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    Office Relocation Services

    You may be planning to relocate to a larger space, open a new branch, or renovate your current office; whatever the reason, you will require office relocation services to ensure a smooth transition. Seeking professional help from reputable packers and movers to ensure a smooth moving experience. Hiring an established team of packers and movers would likely save people money on relocation plans, infrastructure, equipment, shipping of old office appliances, and a quote for the entire procedure.
    Packers and movers can also help you with legal paperwork to obtain business and construction permits. Providers of office relocation services bring high-quality packing materials and tools.


    What is a Business Model? | Types of Business Models | StartupTalky
    Ever wonder how businesses work? What goes on behind-the-scenes? How Googlemakes money? Or how there’s a McDonald’s a stone’s throw from wherever you are!Every business follows a certain style of working. And that style is itsbusiness model.First things first, defining what is a business model?



    FAQs

    What is packers and movers business?

    The packers and movers service providers offer end to end packing and shifting services which include, disassembling and packing household goods e.g. furniture, home and kitchen appliances, kitchen items, bedding, etc.

    How much do packers and movers charges?

    The fee charged by packers and movers will vary as per the number of items to be moved, weight of the items, distance to be covered, and such other factors.

    Which is the best packers and movers in India?

    List of Best Packers And Movers in India:-

    • Kuber Logistics Movers and Packers Pvt.
    • Maxwell Relocations.
    • Urban Relocations Packers & Movers.
    • Agarwal Packers and Movers.
    • Happy Packers & Movers Pvt.
  • Top 6 Marketing Strategies used by Dabur and Its SWOT Analysis

    Being one of the top FMCG companies in India, Dabur has a wide range of products in the market-leading in personal, health care, and food and beverages. Dabur has touched many lives in India and is considered to be an integral part of Indian families as it has a spread of goods in distinct consumer categories.

    In the past few years, Dabur has leveraged its brand and potential to the new online markets and has largely incorporated its business in digital means. The brand has been since then continuously rebuilding and renovating its brand so as to have a digital strategy for brand visibility.

    Dabur aims and objectifies itself as a young, modern, and socially conscious brand. In this article, you will find the top 8 amazing marketing strategies used by Dabur to build its brand.

    Working Extensively on Websites
    Presence on Online Grocery Stores
    Marketplace Exploration
    Youthful Packaging
    Pricing Strategies
    Social Initiatives
    SWOT Analysis of Dabur
    FAQ

    Working Extensively on Websites

    Dabur constantly envisions providing the best experience to its consumers. They have started to focus a lot on improving the website in order to improve the user experience. Customers can order anything and explore all range of products from their website homepage.

    Dabur Website
    Dabur Website

    Not only has the website focused on its diversified ayurvedic and herbal product range but also covers the social activities the company is indulged in and various paths through which the public or the customers can collaborate with the company.

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    Presence on Online Grocery Stores

    Dabur already had its presence in online and offline stores. E-commerce websites like FMCG titan, Snapdeal, Flipkart, etc, all were and are selling Dabur products. In fact, Amazon has a separate page for Dabur’s product range display.

    In order to increase this customer base and reach, Dabur marked its presence over online grocery stores like Big Basket, and Grofers. Since people prefer to buy groceries online today, it has become easy for them to order their personal care products or Ayurvedic products of Dabur from such places.

    Revenue of Dabur India
    Revenue of Dabur India

    Marketplace Exploration

    Dabur wants to increase its reach extensively, for which the company has been working hard on market place exploration. Whenever a consumer visits the website of Dabur, the website redirects the customers to the marketplace/s. The more and more options the consumers get, the more sales the company makes.

    Youthful Packaging

    Dabur India Ltd has continued to move towards targeting the youth and modern lifestyle consumers. Even though the generation today doesn’t bother to consider Ayurveda as seriously as the earlier generations did, but Dabur has been constantly attracting the youth by its appealing packaging of products and marketing strategies.

    The target market of the company covers the consumers in the 15 – 40 years age bracket of which most of them are closer to the upper limit. The smell, taste, and looks of all Dabur products are made consciously with the approach to appeal to this target market.

    Pricing Strategies

    Dabur has tactfully organized its pricing strategies. The company has differentiated its premium products from other variants under every category due to which prices of the products vary from one another. Considering the competitors like HUL, Pepsi co. etc, Dabur has kept its price affordable so that every family of all income classes can buy Dabur products.

    Also by providing premium products, Dabur also targets upper-class families to fulfill their needs as well. Also, the company tries to give a high margin to all the stockholders so that they don’t lose interest in the company’s products and also enjoy good profits on sales.

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    Social Initiatives

    Dabur often invests its resources in many social initiatives and campaigns, for example, in uplifting the rural areas. By doing such activities, Dabur attracts the attention of the masses by touching the sentiments of Indian consumers.

    SWOT Analysis of Dabur

    Dabur is operating its functions in the FMCG industry and the following is the SWOT analysis of their business which can give you a clearer understanding of the business environment.

    STRENGTH

    • Dabur India Ltd. has a good brand name, goodwill, and reputation in the Indian market since it is a century-old company.
    • Dabur has one of the biggest herbal and Ayurvedic product range in India
    • Dabur has a very strong distribution network throughout the country
    • The company has an extremely effective supply chain

    WEAKNESS

    • People have somewhere developed a notion that Dabur does not provide quality products
    • Some of the products of Dabur are said to overprice as compared to its competitors
    • Seasonal demand products like Chayawanprash and Vatika do not cover high sales all the time

    OPPORTUNITIES

    • There is an untapped market of Chyawanprash that Dabur can explore like its competitors
    • The overall market of Dabur can be developed and the consumer reach can be increased.
    • Dabur has an extension to its product like ‘Vatika’ where the company has its skincare and body wash product segment

    THREATS

    • The new entrants in the same sector which are rapidly increasing in the market are a big threat to Dabur
    • Existing competition in various product segments needs to be tackled with great marketing and innovation strategies.
    • The substitute Ayurvedic products that are present in the local market are a huge threat to Dabur’s ayurvedic products.
    đŸ’»
    List of the Best Laptops in India for Office and Personal use

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    FAQ

    Is Dabur Indian brand?

    Dabur India is an Indian consumer goods company.

    Who is the CEO of Dabur?

    Mohit Malhotra is the CEO of Dabur.

    Is Dabur a FMCG company?

    Dabur India Ltd. is one of India’s leading FMCG companies.

    Conclusion

    Dabur is one of the oldest companies in India. However, it is still leveraging the modern channels of marketing to always stay relevant. Moreover, they are expanding their number of product to cover  the needs and wants of almost all the age groups. It helps the brand to keep the customer loyal as all the generations of a family is using a single brand for their different needs.

    In the sector of FMCG and OCT Ayurvedic Medicine, Dabur has been a major player in the market and has its presence in nearly all parts of the world. The company also has a widespread exposure to the e-commerce marketplace. The brand has now been serving the market for over 135 years now. The company aims to keep working towards serving totally organic products that do not have harmful chemicals because that is what the brand is known for.  With continuous improvements, innovations and creative marketing strategies, the brand will continue to grow and flourish in the market.

  • 5 College Dropouts Entrepreneurs In The Indian Startup Ecosystem

    Being a successful startup owner is not an easy task- it is counted as one of the most difficult jobs in the world. Many successful people don’t have a college degree but success doesn’t require a degree. The two most well-known names include those Steve Jobs and Mark Zuckerberg. These are stories that are known to the world. There are many more dropouts which are yet to be known because of their rigorous hard work and dedication towards the path of becoming a successful entrepreneur. So, let us see the insights on the topic- 5 College Dropouts Entrepreneurs In The Indian Startup Ecosystem.

    Successful College Dropouts in India
    Ritesh Agarwal
    Kunal Shah
    Mahesh Murthy
    Kailash Katkar
    Rahul Yadav

    Successful College Dropouts in India

    1. Ritesh Agarwal

    Successful Indian College Dropout Entrepreneurs
    Ritesh Agarwal- OYO ROOMS

    Ritesh Agarwal is one of the top Indian college dropouts who became successful in India. He is the founder and CEO of hospitality business and app – Oyo Rooms – a network of 2,200 hotels operating in 154 cities across India – with monthly revenues of $3.5m and 1,500 employees. He holds a high school degree from St. Johns Senior Secondary School. He dropped out of college and sold sim cards to survive in spite of coming from a well-to-do family.

    He travelled a lot, stayed at budget hotels and attended customer calls. This proved to be a good experience which helped him establish his business very firmly. OYO Rooms is a room aggregator business. The idea man behind OYO rooms is Ritesh Agarwal. Ritesh founded a company Oravel. He was obsessed with the idea of providing a budget enabled hotel at the age of 18 yrs. Later, he rebranded this concept to OYO Rooms.

    His model attracted many investors. Some of these include Light speed Ventures, Sequoia Capital and Green Oaks Capital. It has raised a total of $125million of funding in 4 rounds from 7 investors. Agarwal has won many awards and accolades for his work including the Business World Young Entrepreneur Award. He is a regular speaker at entrepreneurial conferences and institutes across India and the world and a fellow of the Thiel Foundation.


    The current insights and challenges of OYO Rooms
    Almost 8 years ago, while travelling through the country, a college dropoutspotted the untouched opportunity in organising India’s budget hotels. This yearhis startup [https://startuptalky.com/tag/startup/] has achieved 3.5x growth inrevenue with a current value of $10 Billion dollars. It’s easy 



    2. Kunal Shah

    successful dropouts in india
    Kunal Shah – Freecharge

    He is another top Successful Indian College Dropout Entrepreneurs. He dropped out to start Freecharge. He co-founded Freecharge with Sandeep Tandon. Freecharge is a concept in the online recharging system. It offered a three-step recharge with exciting cashback offers. He founded the company in 2010. It was recently acquired by SnapDeal. He studied for his BA at Wilson College. He acquired a degree in philosophy and went onto study business management at NMIMS. But he dropped out. His first venture was Paisaback. This offered cash back from retailers.


    Freecharge – The best deals and cashbacks are right here
    Back in 2010, nobody even had the slightest of thought that like you can sharevideos over the internet, one would also be able to carry monetary transactionsover the phone, at just one click. Amongst the early ones to exploit this ideaand pioneer the evolution of digital payments were Kunal Shah 



    3. Mahesh Murthy

     PinSTROM
    Mahesh Murthy- PinSTROM

    He dropped out of Osmania University to sell vacuum cleaners. He went door to door to make sales. Post that he started writing. He wrote for Unilever, Pepsi and MTV among others. He also did a lot of creative ad campaigns and became a creative director. He created several top-notch commercials, which won him awards. He founded the ad agency Pinstorm in 2004.

    Pinstorm is a leading search engine marketing firm in Asia. He offered a ‘pay-for-performance’ model. This worked well with most corporate and was received well for a start-up. He has counselled in marketing for 29 years and spent over thirteen years helping start-ups. He has helped seed fund and founded over ten start-up ventures in India alone. He believes that entrepreneurs should “Dream Big. The earth’s the limit.”

    Percentage of College Dropouts By Age
    Percentage of College Dropouts By Age

    4. Kailash Katkar

    Kailash Katkar- Quick Heal
    Kailash Katkar- Quick Heal

    Born on the 1st of November 1966, in the village of Rahimatpur in Maharashtra, the Founder, CEO and Chairman of the Rs. 200-crore+ Quick Heal Technologies. He grew up in Pune, where his father used to work at Philips as a machine setter. Kailash had to drop out of his studies soon after he completed his SSC (10th Grade), primarily due to family circumstances. He started his career by working in repairs shop to help his family financially. He repaired calculators and radios. Later, in 1990, he started his own repairs shop. In 1993, he started a computer repair zone– CAT.

    He was inspired as his younger brother Sanjay, had developed anti-virus software to solve their issue of computer maintenance. As time went on, he rebranded and expanded. By 2007, he named his company Quick Heal Technologies. It is the first company in India to create and market an antivirus solution. It has also started an R&D section for research in security solutions. The company masters the art of cloud-based security and advanced machine learning enabled solutions to stop threats, attacks and malicious traffic before it strikes with the help of its services.

    This service includes– Quick Heal Total Security, Quick Heal Internet Security, Quick Heal PCTuner 3.0, etc for the Home Users, along with Quick Heal Total Security for Android, Quick Heal Mobile Security, Quick Heal Gadget Securance, Fonetastic Free, Fonetastic Pro, etc for the Mobile users. The company today has transformed into an IT security solutions empire which is spread across 60 countries worldwide including 31 branch offices across India along with offices in countries like Japan, USA, Kenya and Dubai.

    5. Rahul Yadav

    HOUSING.COM
    Rahul Yadav- HOUSING.COM

    Rahul born to a middle-class family from Rajasthan is an IIT (Bombay) final year dropout. He had enrolled at the Indian Institute of Technology Bombay in 2007 to specialize in metallurgy. He also went on to serve as the representative and secretary for the university’s student association as well. Dropping out of IIT in the fourth years is not easy. It’s even tougher to succeed after that or so you would believe. But Rahul Yadav proved otherwise.

    Not only did he drop out of IIT, but he also launched a successful portal, Housing.com. He co-founded this portal and became CEO. This portal helps to search and sell properties worth millions. Within the first week itself, the portal sold properties worth eight million. Yadav was featured in the Forbes list of young entrepreneurs – “30 under 30”. The company today, with a strong team of 2500 people housing.com is valued at â‚č1500 crores.

    The company at the moment gets more than 11 million visitors on the website/month and has also crossed a million app downloads as well. And talking about their funding rounds, housing.com has raised a total of $139.5 Million in 4 Rounds from 6 Investors including – SoftBank Capital, Helion Venture Partners, Qualcomm Ventures.


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  • Why Most of the Wealthy People are not Investing in Bitcoin

    Most of us would have heard about bitcoin and cryptocurrencies. It is all over the news and everyone speaks about the fancy returns provided by this digital coin. It has created its mark in the market. It was not so famous some years back and the value of the coin was not so high.

    The popularity has increased the value of the digital coin. But even though the coin has provided huge returns and even though it has been claimed as the favourite investment tool for the GenZ, the major investors and the rich stays away from it.

    The famous investor of India Rakesh Jhunjhunwala recently said that he wouldn’t buy bitcoin for even 5 Dollars. Warren Buffet one of the richest people in the world has said that bitcoin and other cryptocurrencies are worthless. He terms it to be a delusion.

    Here are some reasons why the rich doesn’t invest in bitcoins.

    Depends on Market Demand and Supply
    Gambling and not Investing
    It is not secure
    FAQ

    Depends on Market Demand and Supply

    Bitcoin has become a craze worldwide. Not a lot of them know what a bitcoin is or understands the concept of cryptocurrencies. But they would end up investing in it because of the trend and later on would sell it which would cause a huge fluctuation in the price. This makes it difficult to value the coin and to find an accurate value.

    Bitcoins are not backed by any assets and hence the price of bitcoins totally depends on the demand and supply. If the demand for bitcoins are increasing the price would increase and if the demand decreases there would be a fall in price. This makes it difficult for investors to make a good investment.

    Bitcoin Price in U.S. Dollars 2017- 2021
    Bitcoin Price in U.S. Dollars 2017- 2021

    Bitcoin is just a digital coin. It cannot be touched or felt, it is not physically present. It is made up of certain codes and it does not have a real value. The value of bitcoin depends on the people and the market news. If there is a negative news in the market then we will see a fall in prices of the coin and vice-versa.

    Bitcoins are highly volatile. Bitcoins can be traded 24 hours a day and since it is open for trading every time there would be huge amount of buying and selling, which would cause a difference of up to 20-30% of the price in a day. It is considered unstable and there are chances that you would lose all your money in a day.


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    Cryptocurrency is a thriving ecosystem, encroaching on conventional territoryand is redefining the Finance sector. Over the last few years, Bitcoin users andtransactions have averaged a growth rate of nearly 60% annually. Similarly inprivate and public investors have deepened the commitment to cr



    Gambling and not Investing

    Bitcoin’s main value is derived from its blockchain technology. But now a lot of other cryptocurrencies are using the same technology. Bitcoin has an early mover advantage and that’s why the prices are really high. But bitcoin was actually made to make secure online transactions which is not the situation now. Some exchanges say that it would take around 10 days to complete an order of the bitcoin placed, as there is huge demand for the coin.

    Most of them don’t transact using bitcoin because the price keeps fluctuating. When the other person receives the money, the value would be different when compared to the time the coins were sent.

    Most of them are not buying the coin for its value, but because of the trend. The rich and investors finds it gambling and not investing.

    blockchain market value worldwide in 2020
    Blockchain market value worldwide in 2020

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    It is not secure

    There are a lot of scams associated with bitcoins. Hackers or Malicious users can get details of your Wallet and take away your coins. There was a recent incident where the twitter accounts of the top individuals Elon musk, Barack Obama and Bill gates were compromised.

    The tweet said that they were feeling generous and would double the bitcoins sent to a specific wallet. People who sent the bitcoins lost their coins and it was impossible to trace the digital coins because of the blockchain technology as it keeps it secure. It involves a lot of risk.

    There is no central body which regulates and hence if you lose your bitcoins or if someone hacks into your wallet you wouldn’t receive your coins back. Bitcoin’s blockchain technology makes it impossible to track your coins if you lose it. It is highly risky and it cannot be considered as an investment option.


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    FAQ

    Is Bitcoin a good investment?

    Bitcoin is an risky investment that may or may not pay off.

    It is Legal to buy and sell Bitcoin in India.

    What are the taxes I should be concerned about Bitcoins?

    There is a lack of clarity on the tax front on Bitcoin investment in India.

    Conclusion

    Other than these there are also a lot of scams related to Cryptocurrencies. The companies promise huge returns and claims that a specific coin is going to beat bitcoin in some years and people tend to invest in it. People invest without proper research and knowledge and just look at the high returns and lose their entire amount.

    The above reasons are why the wealthy don’t prefer to invest in bitcoins. Bitcoins have provided huge returns in the recent years but it is a highly risky product and you can never predict the price of bitcoin in future. Buying a bitcoin is equivalent to gambling than investing.