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Tag: Investment

  • Kunal Shah Funded Startups | A Glimpse on the Investments by the Angel Investor – Kunal Shah

    Kunal Shah is an Indian entrepreneur who has tried his luck and become successful in the industry through his hard work. He has successfully shattered the myth that only people with technical or management background can have a fortune in the business field.

    Being a philosophy student and then an MBA dropout, he proved that if you have the vision and determination to work for your dreams nothing will stop you. He is the co-founder of Freecharge which was launched in 2010 along with his friend Sandeep Tandon.

    His vision and prediction of the booming market of online recharging did not go wrong. After its successful run, it was acquired by Snapdeal for around $400 million. He later founded the members only credit card payment app, CRED in 2018.

    Apart from that Kunal Shah is also an active angel investor who has helped significantly in the growth of startups like Spinny, Unacademy etc. He did not forget his experiences after he became successful. He yearns towards creating an ecosystem where entrepreneurship will thrive in India. He strongly believes that his will to see more entrepreneurs from India is what pushes him forward. Here are a few startups in which Kunal Shah has invested.

    Plum
    Qoohoo
    Mensa Brands
    Unacademy
    Onsurity
    FamPay
    Spinny
    Carl Pei’s New Venture
    FAQ

    Plum

    Plum website
    Plum website

    Plum is an employee based health insurance startup that was founded in 2019 by Abhishek Poddar and Saurabh Arora. Over the years, it has completely altered the notion of employee health insurance stack by introducing innovative fraud detection algorithms. Its real-time designs and pricing makes it extremely easy for the users to navigate through their website.

    Plum aims to build better and deeper API integration along with insurers like care health, ICICI Lombard, new India assurance etc. In 2021, Kunal Shah along with a few others had invested around $20 million in the firm.

    Plum aims to use these funds to augment its business development, engineering and operations teams. It also envisages building new products that are suitable for small businesses that have smaller teams.

    Qoohoo

    Qoohoo is a mobile app which allows creators to launch their private community that focuses on monetisation. It was founded by Vimal Singh and Aseem Gupta. Kunal Shah along with a few other angel investors invested close to $8 million in this creator-based social platform.

    This Bangalore-based company will utilise the fund to further build on their engineering and product teams. As of now they have seven members and they aim to expand their team up to 10 to 12 in the next one year. The investment was announced in March 2021.

    Mensa Brands

    Mensa Website
    Mensa Website

    Mensa Brands is a startup founded by ex-Myntra and Medlife co-founder Ananth Narayanan. They aim to build global digital brands from India by collaborating with different entrepreneurs, by making investments into their business and by providing the company’s expertise to scale the brand.

    In May 2021, Kunal Shah along with other investors like Falcon Edge Capital, Northwest Venture Partners, Mukesh Bansal etc invested over $50 million in Mensa Brands during a series A funding. The startup plans to make use of the funds to improve their marketing strategies and working capital so as to work with more brands.

    Unacademy

    Unacademy is an online education platform that was founded in 2010. Since then the startup had been thriving, revolutionising the entire notion of online education in India. In 2015 Kunal Shah along with other angel investors like Sachin Bansal, Vijay Shekhar Sharma, Binny Bansal,  invested a total of $1 million in the startup. The funding was led by Blume Ventures.

    Onsurity

    Onsurity Website
    Onsurity Website

    It was launched in 2020 with just 700 SMEs with them as healthcare partners. Initially they only had around 70,000 users. The company’s aim to democratise healthcare for all including small businesses was a very innovative idea which led to their expansion in a very short span of time.

    The firm became the first digital platform in India that provides monthly employee benefit subscriptions to the users. In April 2021, this Nexus Venture Partners backed healthcare startup Onsurity received an undisclosed amount of funding from a group of investors.

    Kunal Shah was a customer who turned into an active investor as far as the startup was concerned. The startup was also supported by other investors like Jitendra Gupta and Amit Lakhotia. The firm aims to develop their tech stack and enhance customer experience by utilising the funds received.

    FamPay

    Fampay Website
    Fampay Website

    FamPay is a Bangalore-based startup that aims at raising a financially aware generation of Indians. It was founded by Kush Taneja and Sambhav Jain. In June 2021 many investors especially Kunal Shah, Vladimir Tenev, Kevin Lin , Global Founders Capital  invested a whopping $38 million in series A funding that was led by Elevation Capital.

    The firm plans to use the fund to build their leadership team and fuel future growth that accommodates more users through marketing and launching many more attractive features on their platform.

    Considering the fact that more and more teenagers below the age of 18 are going to use smartphones, FamPay is gearing up to make use of this opportunity to create an early relationship with the future citizens. This is to ensure that the firm will become their go to brand when it comes to payments with smart cards without actually having a bank account.

    Spinny

    Spinny website
    Spinny website

    This startup was founded in 2015 by Niraj Singh. Currently it sells refurbished used cars. They sell around 1500 cars every month and their business is growing at a rate of 15% month on month. In June 2017 this startup received $1 million through series C funding. And as usual Kunal Shah was an active angel investor in this fundraiser.

    Spinny aims to improve customer experience and expand business by strengthening technology and product utility through the fund received. Currently Spinny operates in more than nine city’s and already has plans to expand to more cities by the end of 2021. However, Kunal Shah had announced earlier in June 2019 that he had fully exited Spinny.

    Carl Pei’s New Venture

    In December 2020, the OnePlus co-founder Carl Pei had announced that he will be going to start a new venture. However he did not share much details about the same. The angel investor Kunal Shah had his contribution in his new venture as well. They received seed funding of more than $7 million from people including Kunal Shah.

    Other private investors including Kevin Lin, Steve Huffman, Paddy Cosgrave, Josh Buckley etc were part of it. All that we know about Carl Pei’s company is that it is related to consumer electronics.

    Other Startups in which Kunal Shah has invested

    • Zepo
    • Bharat Bazar
    • Innov8
    • Betterhalf
    • Blissclub
    • Goalteller
    • Antwak
    • Razorpay
    • DailyNinja
    • Pocket Aces
    • Voonik

    FAQ

    What is the qualification of Kunal Shah?

    Kunal Shah graduated with a Bachelor of Arts degree in Philosophy from Wilson College, Mumbai and briefly pursued an MBA from SVKM’s NMIMS before dropping out.

    What is the net worth of Kunal Shah?

    The net worth of Kunal Shah is $800 million as of 2021.

    Who is Kunal Shah?

    Kunal Shah is an Indian entrepreneur and venture capitalist, he is also the founder of FreeCharge and Cred.

  • Is Monero a Good Cryptocurrency Investment? | Monero Coins Review

    Bitcoin is generally the first cryptocurrency that comes to mind when we think of cryptocurrencies. It was one of the first of its type, allowing users to make payments with their currencies via peer-to-peer technology. However, there is another cryptocurrency that has grown in popularity and acceptability, owing to its privacy-focused characteristics. Monero is the name of this cryptocurrency. Monero’s fundamental principles, characteristics, problems and if it’s a good investment or not are explained in this article.

    What is Monero?
    Monero – Features
    Difference Between Monero and Bitcoin
    Why should you invest in Monero?
    Conclusion
    Monero – FAQs

    What is Monero?

    Monero is the cryptocurrency industry’s response to Bitcoin’s lack of anonymity. For a long time, Bitcoin transactions were thought to be completely anonymous. The majority of people nowadays recognize that this is not the reality. In actuality, there are a slew of tools and services available to help identify the individual behind certain Bitcoin transactions.

    Monero offers a unique approach to the cryptocurrency market. This currency prioritizes privacy. As a result of this technique, Monero is the most popular cryptocurrency for those looking to protect their anonymity in the business.

    Monero – Features

    Security, privacy, and the inability to be tracked are the three key features of Monero’s privacy.

    Security

    No cryptocurrency can exist without trust, and none is more dependent on it than Monero, whose users trust it not just with their money but also with keeping their transactions secret and secure.

    Privacy

    Monero says that they need to be able to safeguard its users’ anonymity even in a court of law, even “in extreme situations, from the death penalty,” as their website indicates.

    Decentralization

    Nobody is in charge of Monero. It differs from other currency. The network, or blockchain website, is managed by a central entity. Not only does this central, controlling agency or business not exist in the case of Monero, but the development choices and developer meeting records are published and available for anybody to examine online.

    Monero, in essence, masks its users and transactions. A user can opt to hide all traces of their transactions, including their identity, the amount of cash traded, and any information about the person with whom they transacted. Monero does this by generating encrypted addresses that cannot be connected to prior transactions using stealth addresses.

    Monero transactions are completely anonymous. They are untraceable transactions since they do not appear on the blockchain. Ring confidential transactions, which disguise the amount of Monero being transmitted, are part of Monero’s technology. It stops anybody from checking the balances of other people’s accounts.

    Ring signatures are also employed, which aid in the creation of several fraudulent signatures. It’s virtually hard to trace transactions to a user when there are several bogus signatures.

    The FBI is taking notice of this sort of deception, as one might anticipate.

    Monero employs variable block sizes. Depending on the network’s traffic, miners might opt to accept larger or smaller transactions. Proof of work is a security feature that validates transactions and protects against malicious attacks.

    Block payouts are never less than 0.3 XMR. The rate of inflation is 0.3 XMR every minute.

    Monero is a cryptocurrency that works like a banknote. It is, in fact, one of the first. Cryptonote is a protocol for the application layer. Monero is able to deliver many of its privacy features because of this.

    Decentralization, secrecy, fungibility, ring signatures, and egalitarian proof of work may all be used in Cryptonote-based currencies. All of these functionalities are used by Monero.

    Monero, as previously said, is open source and uses popular, trusted languages like as C++. It also has a community of 30 developers.

    Monero Cryptocurrency | What is Monero?

    Difference Between Monero and Bitcoin

    monero vs bitcoin
    monero vs bitcoin

    Bitcoin is the most widely used cryptocurrency today. It operates on a protocol that uses pseudo name addresses to attempt to conceal the participant’s identity. These pseudo names are made up of letter and number combinations that are produced at random.

    However, because both Bitcoin addresses and transactions are recorded on the blockchain, they are accessible to the whole public. Even pseudonymous addresses aren’t completely anonymous. A few transactions made by a participant over a period of time can be connected to the same address, allowing others to learn about an address owner’s patterns and identity.

    Fungibility is another benefit of Monero over bitcoin. This indicates that two units of a currency may be replaced for each other with no difference in value. Despite the fact that two $1 notes have the same face value, they are not fungible since each has a unique serial number. Two one-ounce gold bars of the same quality, on the other hand, are fungible since they have the same value and no distinguishing qualities. A bitcoin, in this instance, is a $1 note, but Monero is a chunk of gold. 4

    The blockchain keeps track of each bitcoin’s transaction history. On the blockchain, each bitcoin’s transaction history is kept track of. It enables for the identification of bitcoin units associated to certain actions like as fraud, gambling, or theft, allowing for the barring, suspension, or closure of accounts holding such units. Consider obtaining a few bitcoins now that were previously spent for gambling and learning that they would be outlawed in the future, resulting in a loss.

    Monero, however, features a non-traceable transaction history, making it a much safer network for players who don’t want their owned units to be rejected or banned.

    Why should you invest in Monero?

    The need for a completely private cryptocurrency is strong. Monero is an iconic pioneer in this industry, and here are a few primary reasons why Monero is still a viable investment for the future.

    Monero Cryptocurrency – Simple to Mine

    Monero’s consensus algorithm, like Bitcoin’s, is based on Proof-of-Work (PoW). The algorithm for mining new XMR, on the other hand, was created from an entirely different perspective than Bitcoin’s.

    Bitcoin mining necessitates specialized equipment, such as the well-known ASICs, which must become increasingly powerful while also using increasing amounts of electricity. Furthermore, the cost of mining Bitcoins is continually increasing. As a result, mining Bitcoins with a simple home computer is no longer possible.

    Monero’s mining algorithm, on the other hand, has been expressly engineered to ensure that ASICs do not have a significant advantage over personal computers used for XMR mining.

    Monero intends to invite more users to join its network by making mining on its Blockchain easier and with less power usage. Indeed, anyone with a home computer may become a node, potentially significantly increasing the number of XMR miners.

    Monero Cryptocurrency – Private, Secure, and Untraceable

    On the reference site CoinMarketCap, it is November 13, 2019, and there are 4800 coins listed. A huge number of cryptocurrencies, it appears, will not be able to survive in the long run. Because they are simply forks of existing coins, many cryptocurrencies do not provide any actual added value to their customers.

    Monero is well-positioned to survive when the cryptocurrency market is cleaned of coins with no actual usefulness, since it is the undisputed leader in this industry.

    Monero is designed to be private, but it also has the huge advantage of being fungible. As a result, 1 XMR is actually equivalent to 1 XMR, just like the US dollar or other fiat currencies.

    This is not the case with Bitcoin, which has a comprehensive history of transactions that have led it from address to address, and hence from owner to owner. As a result, the necessity for a cryptocurrency like Monero in the future is quite serious.

    Monero Cryptocurrency – A Reliable Medium of Exchange

    Bitcoin was designed to function as both a means of commerce and a store of value. Bitcoin appears to be becoming more and more entrenched as a store of value as time passes. The total quantity of Bitcoins is restricted to 21 million, and according to recent reports, approximately 4 million have been permanently lost.

    Monero has taken a different strategy in this area, recognizing some of Bitcoin’s present restrictions, such as a maximum number of validatable transactions per second restriction of 7.

    Monero transaction blocks are generated every 2 minutes on average, whereas Bitcoin transaction blocks are generated every 10 minutes.

    Unlike the Bitcoin Blockchain, which has a fixed block size, Monero’s creators have opted to include an automated block size adaptive mechanism.

    This implies that when the number of transactions to be handled grows, the Monero Blockchain adjusts automatically. As a consequence, Monero can execute a lot more transactions per second than Bitcoin while keeping transaction costs low. These characteristics make Monero an ideal medium of exchange, which is exactly what the cryptocurrency aspires to be rather than just a store of wealth.

    Is Ethereum a good investment? – Ethereum Crypto Analysis
    A cryptocurrency is a digital or virtual currency protected by encryption,making counterfeiting and double-spending practically impossible. Manycryptocurrencies are built on blockchain technology, which is a distributedledger enforced by a network of computers. Ethereum is the second most demand…
    StartupTalkyAanchal Padmavat

    Monero Cryptocurrency – A Crypto that Community Supports

    Monero has always had a large following in its community since its inception. The initiative was successful in bringing together a big number of users right away.

    The Monero community is extremely active, which is necessary for a cryptocurrency to have a long-term future.

    Beginner inquiries are always appreciated, since they contribute to Monero’s popularity. Furthermore, there is no entity that is funding Monero’s development.

    In some ways, it’s a risk, but it’s also a fantastic chance for the community to shape Monero’s future. Contributors labour in their spare time or rely on donations collected through Monero Blockchain’s Forum Funding System.

    Monero Cryptocurrency – Developed by a Large Development Team

    Monero is a completely open-source cryptocurrency that, like Bitcoin, is wholly controlled by its users. Since Monero’s debut in 2014, about 350 people have contributed to the project.

    Despite the fact that it is now 2019, around 200 developers are still working on the project. This is just one of the largest development teams for an open-source project in the bitcoin sector.

    Monero has a strong foundation since it has a significant development team working on it. As a result, the cryptocurrency will continue to develop at a steady rate. This is a critical issue in a technology industry like cryptocurrency, where everything moves at a breakneck pace.

    Although Monero does not have a plan with dated milestones, the cryptocurrency’s fundamental goals are clearly expressed in its roadmap, and evolutions are published at a steady rate.

    Conclusion

    Cryptocurrencies are continually growing in popularity. The great majority of cryptocurrencies, on the other hand, will not survive in the long run. However, there are a variety of other virtual currencies that you can buy and trade that may be simpler to invest in, like Monero.

    Monero has grown to become one of the world’s most valuable cryptocurrencies, according to CoinMarketCap, based on its market value as of January 2021. Monero may be purchased on popular cryptocurrency exchanges such as Kraken, Poloniex, and Bitfinex. It’s crucial to realize, though, that what makes Monero so popular, namely – its privacy features can also lead to severe issues, such as scalability and  it’s usage in criminal operations.

    Monero – FAQs

    Is Monero a prohibited cryptocurrency?

    Monero isn’t a prohibited cryptocurrency. It is a privacy-oriented cryptocurrency that gives users with anonymity, unlike others. This implies it can’t be tracked. This feature, on the other hand, makes it particularly popular on the dark-net and for use in particular activities like gambling and drug sales.

    Is it a Good Time to Invest in Monero?

    Monero might be an excellent investment if you’re interested in cryptocurrencies. The currency’s value is increasing by more than 137 percent. It also doesn’t cost much to get started because no specific hardware is required. You may mine Monero using your own computer’s CPU, and it works with all operating systems.

    Where to buy Monero from?

    Monero may be bought through a digital or virtual currency exchange. You may also look for a private vendor or a cryptocurrency-capable ATM.

    How long does it take to mine one Monero?

    Although there is no maximum block size, mining one coin can take up to two minutes.

    Is it possible to track XMR?

    Monero, or XMR, is an untraceable cryptocurrency. Monero, unlike other cryptocurrencies like Bitcoin, has an untraceable transaction history. This feature provides participants with a much safer network in which they are less likely to have their held units rejected or banned by other users.

  • What is MicroStrategy and why they hold over 100,000 bitcoins?

    Bitcoins have seen a lot of criticism at the same time a lot of people supporting the value and boosting the price of bitcoins and aggressively investing into it. Elon Musk is one of the well known person who has done it and also been criticized for it. In this article let’s look at, Why MicroStrategy holds more than 100,000 bitcoins that is worth more than USD 3 billion.

    MicroStrategy – Latest News
    About MicroStrategy
    How MicroStrategy got Hit after the Purchase of Bitcoin
    How the purchase of bitcoins benefited MicroStrategy
    How did Michael Saylor responded to the purchase of bitcoins
    FAQ

    MicroStrategy – Latest News

    MicroStrategy is estimated to hold bitcoins of over 100,000 in pieces that are worth more than USD 3 billion after a recent purchase from the company. The company is said to have spent around USD 489 million in order to purchase around 13,005 tokens.

    About MicroStrategy

    MicroStrategy is a Virginia based software company that was incorporated in the year 1989. The company provides cloud based services, mobile software and business intelligence. The firm focuses on making business decisions and making mobile apps by developing software and analyzing the internal and external data.

    It is a Public Limited company that is listed on Nasdaq and S&P 600. The primary competitors of the company in the Analytics field include SAP, Oracle and IBM congos. The company employs around 1997 members.

    How MicroStrategy Shares got Hit after the Purchase of Bitcoin

    On 21 June 2021, the shares of the company had seen a fall of around 9.7%. The fall is expected to be a mirroring of the fall that had happened with the bitcoin price where the digital coin had seen a downfall of over 7% which is around USD 32,600 per token.

    MicroStrategy has conveyed that the average purchase price of its bitcoins of 105,085 tokens is around USD 26,080 per token. This amount was inclusive of the fee and other expenses incurred during the purchase. As of 21 June 2021, the holdings of the company were worth more than USD 3 billion.

    What is Robert Kiyosaki’s take on Cryptocurrency?
    Robert T Kiyosaki is the author of the well-known personal finance book Rich DadPoor Dad. The book was published in 1977 and has become the New York bestsellerhaving a sale of around 40 million copies worldwide. He had previously praisedthe properties of bitcoin. Let’s look at what Robert T Kiyos…
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    How the purchase of bitcoins benefited MicroStrategy

    The company has claimed that due to the purchase of bitcoins and the returns generated through it the company which was wiped off or not even recognized on Wall Street has become very popular and well known in the field and the crypto community after the dot com crash.

    This is mainly due to the aggressive investment into bitcoins by the CEO and Chairman of the company Michael Saylor. The CEO is known for posting regular tweets about bitcoin on Twitter and has around 1 million followers on the micro blogging platform.

    How did Michael Saylor responded to the purchase of bitcoins by MicroStrategy

    Michael Saylor, In a recent interview defended the investment by the company made into bitcoins by issuing a debt instrument, to which most people didn’t agree with. He conveyed in the interview that the company could rotate the shareholder base and was able to sell enterprise software and later on acquire and hold bitcoins with the income and he added that the company has done it successfully using the leverage.

    He also said that this strategy has been driving the business and the power of the brand by a factor of 100. He also stated that they had the best quarter compared to the last 10 years and stated that the revenue of the company had seen an increase of 10% year on year.

    He added that the business of bitcoin is driving the returns of the shareholders and said that the shareholders are happy and the employees of the company are happy too.

    Reason Why Tesla has suspended vehicle purchases using bitcoins
    Recently Tesla had announced that it would accept the cryptocurrency bitcoin asa payment method for the purchase of their electric vehicles. But now thecompany has announced that it has suspended the use of bitcoins for the sale ofits electric vehicles. Let’s look at the reason why Tesla stopped …
    StartupTalkyAlan Joseph

    Conclusion

    The CEO and Chairman of MicroStrategy, Michael Saylor has and will always be one of the promoters of bitcoin and recently had said in a press release that he is happy and thrilled about the decision made by El Salvador in order to accept bitcoin as a legal tender in the country. He added that he thinks that it is a good thing.

    FAQ

    What does MicroStrategy company do?

    MicroStrategy provides a platform that enables departments and enterprises to deploy web-based reporting and analysis solutions. MicroStrategy also offers consulting, training, and support services.

    Who is the CEO of MicroStrategy?

    Michael J. Saylor is the CEO of MicroStrategy.

    Why is MicroStrategy stock so high?

    Shares of MicroStrategy soared because the price of Bitcoin is also soaring. As MicroStrategy owns quite a few Bitcoins, so it benefits when the price is rising.

  • Is Ethereum a good investment? – Everything you should know about Ethereum

    A cryptocurrency is a digital or virtual currency protected by encryption, making counterfeiting and double-spending practically impossible. Many cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a network of computers.

    Ethereum is the second most demanded cryptocurrency after Bitcoin. Ethereum is a blockchain-based open-source platform for developing and sharing corporate, financial, and entertainment applications. To utilize dapps, Ethereum users must pay a charge. Its cryptocurrency is now only second to Bitcoin in terms of market capitalization.

    Well, we’ll have to delve a little further to learn more about Ethereum as a cryptocurrency and its algorithms. Let’s hop into this.

    What is Ethereum?
    Ethereum’s Brief History
    What Is the Function of Ethereum?
    What is Ethereum’s purpose?
    What are the benefits of Ethereum smart contracts?
    Is it the right time now to invest in Ethereum?
    Benefits and Drawbacks of Ethereum
    FAQ

    What is Ethereum?

    Ethereum is a decentralized, open source, and distributed computing platform that allows smart contracts and decentralized applications, or dapps, to be created.

    Vitalik Buterin, a programmer, proposed Ethereum in 2013. The network went live with an initial quantity of 72 million coins on July 30, 2015, after development was crowdfunded in 2014. Developers can utilize the platform to create and run decentralized applications that users can engage with.

    Decentralized finance (DeFi) applications allow cryptocurrency users to borrow against their holdings or lend them out for interest without the need for traditional financial intermediaries like brokerages, exchanges, and banks.

    Ethereum’s Brief History

    A review of Ethereum’s historical upgrades and hard splits, with an eye toward the future.

    From the vantage point of a bird’s eye view, blockchain technology is relatively new. Though the fundamental principles (cryptography, decentralization, peer-to-peer networking, and transaction) had been studied for decades, it wasn’t until the release of Bitcoin in 2008 that all of those components could be reliably seen as having come together to create a practical product.

    Only since 2015 has Ethereum been available in a useful, public format. Despite the fact that the dates and specifications of its planned evolution have changed, Ethereum has remained committed to upgrading the protocol on a regular basis to ensure increased usability, security, functionality, and decentralization.

    All about WBTC (Wrapped Bitcoins) and its Benefits
    There was a time when Bitcoin was the hot news in all forms of media. There wereconfusions regarding its credibility and liquidity. Now, flouting all of that inair, comes the wrapped Bitcoins amidst all the discussions about wrapped tokens. What is Wrapped Bitcoin or WBTC? Is Wrapped Bitcoin a go…
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    What Is the Function of Ethereum?

    Ethereum is based on a blockchain network, just like all other cryptocurrencies. All transactions are verified and recorded on a blockchain, which is a decentralized, distributed public ledger.

    It’s decentralized in the sense that the network isn’t run or maintained by a single entity, but rather by all of the distributed ledger owners.

    To make the network safe and validate transactions, blockchain transactions require encryption. People use computers to “mine” or solve difficult mathematical equations, which confirm each transaction on the network and add new blocks to the blockchain, which is at its core. Cryptocurrency tokens are given to participants as a prize. These coins are known as Ether in the Ethereum system (ETH).

    Ether is a digital currency that can be used to purchase and trade goods and services. It has also seen dramatic price increases in recent years, thereby making it a speculative investment. However, Ethereum is unique, in that it allows users to create apps that “run” on the blockchain in the same way that software “runs” on a computer. Personal data can be stored and transferred, and sophisticated financial transactions can be handled with these programs.

    What is Ethereum’s purpose?

    Ethereum, the world’s second-largest cryptocurrency by market capitalization, was founded in 2013 with the express purpose of facilitating the creation of smart contracts. It is currently the most widely used platform for doing so.

    Outside of Ethereum, smart contracts aren’t commonly used, and some are doubtful that they’ll ever become ubiquitous as a mechanism to manage transactions. Proponents of Ethereum, on the other hand, hope that it will eventually become the standard for executing and safeguarding online connections.

    Hundreds of smart contract-enabled apps have already been released. Smart contracts are at the heart of popular Ethereum apps MakerDAO and Compound, which allow users to earn interest by lending money.

    A smart contract is exactly what it sounds like: it’s a self-executing, programmed agreement that’s stored on the Ethereum blockchain. It works on the basis of an if-then logic, which states that if x happens, then y happens. The Ethereum Foundation has a helpful definition:

    Smart contracts are apps that execute exactly as they are programmed, with no downtime, censorship, fraud, or third-party interference.

    Let’s take a look about what this means:

    Downtime: There is no downtime because the programs never shut down suddenly and cannot be turned off.

    Censorship: Ethereum nodes (computers that run the protocol) are scattered all over the world, censorship is no longer an issue.

    Fraud: The contract can’t be altered, hacked, or manipulated in any way.

    Third parties: The contract self-executes, there is no need for an intermediary.

    Value of Ethereum
    Value of Ethereum

    Ethereum 2.0 : Launch, Price Predictions, Working, Comparison with Ethereum
    Global Market has been revolutionized through the Blockchain technology. Thetechnology has disrupted the major sectors which include finance, agriculture,banking and health care. Ethereum is one of the largest cryptocurrencies in themarket and a lot of decentralized apps and smart contracts have …
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    What are the benefits of Ethereum smart contracts?

    Although they(Bitcoin) are incredibly limited in comparison to Ethereum. Bitcoin, the world’s first cryptocurrency, was the first to implement rudimentary smart contracts key Because the network will only authorize transactions if specific requirements are met, such as the user providing a digital signature showing that they own the bitcoin they claim to own, each transaction is a smart contract. A digital signature can only be created by the owner of a Bitcoin private key.

    Ethereum, on the other hand, substitutes Bitcoin’s more restrictive vocabulary with code that allows developers to use the blockchain to execute transactions other than cryptocurrency. The language is “Turing-complete,” which means it can handle a wider range of computations. Programmers are free to create almost any smart contract they can imagine.

    Is it a good time now to invest in Ethereum?

    Bitcoin is the big name in town when it comes to cryptocurrencies. However, Ethereum has had a fantastic year. Ethereum’s price has increased by 435 percent since the beginning of the year. It has climbed by more than 1,700 percent in the last year. By comparison, the price of Bitcoin has climbed by about 100% this year and 518 percent in the last 12 months.

    To begin, it’s critical to understand the distinction between Ethereum and Ether. Ether is a cryptocurrency that works similarly to Bitcoin. Ether is based on Ethereum, a blockchain technology. Either and Bitcoin have a lot in common. Both are digital currencies that may be used to make purchases. You may invest in Ether directly, just like Bitcoin, by purchasing coins. However, Ether is substantially less expensive than Bitcoin.

    It’s also feasible to put money into the Ethereum platform. Some of your choices should be:

    1. Investing directly in Ether,
    2. Purchasing specific stocks,
    3. Investing in a professionally managed fund.

    Will Cryptocurrency be taxable in India?
    Cryptocurrencies have become very much popular in India and there are many talksthat these digital coins will soon be banned by the Government of India. ACrypto Bill is expected to be announced anytime from the government and thereare talks that there will be a twin tax introduced by the governme…
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    Benefits and Drawbacks of Ethereum

    Ethereum is a widely utilised technology with a wide range of uses. However, before you invest, you should be aware of the benefits and drawbacks.

    Talking into the account benefits:

    1. The Ethereum blockchain’s versatility is one of its most appealing features. While it is best recognised for hosting the cryptocurrency Ether.

    2. To put it another way, it has uses outside of the bitcoin industry. Ethereum might be used in a variety of ways even if cryptocurrency as a whole fails in the long term.

    3. Furthermore, one of the most common criticisms about cryptocurrencies, particularly Bitcoin, is how energy-intensive it is. Ethereum, on the other hand, aspires to be more eco-friendly. This might provide Ethereum an edge over Bitcoin, particularly among eco-conscious investors.

    4. Additionally, as the Ethereum network evolves, some Ether coins may be lost in the process. However, a reduced supply of Ether might make it more valuable and drive up its price, which might be beneficial to investors.

    Recognizing the dangers:

    1. Investing in Ethereum and Ether comes with dangers, despite its flexibility and vast range of applications.

    2. For one thing, if you invest directly in Ether, you’ll almost certainly see tremendous volatility. Furthermore, new rules and regulations could jeopardise Ethereum’s future.

    Conclusion

    Consider your risk tolerance before investing in Ethereum. Would you be able to sleep at night if the value of your investment dropped by 20%? What about a 50% discount? Ethereum is a risky investment, so be sure you’re ready to take it on before you invest.

    Finally, if you decide to invest in Ethereum, make sure your strategy is quite good, and only invest money you can afford to lose. You can reduce your risk if Ethereum takes a turn for the worst by investing the majority of your money in safer investments.

    Ethereum may turn out to be a wise investment, but it isn’t for everyone. Consider the benefits and drawbacks, as well as your own risk tolerance. Whether you decide to invest or not, make sure you’re making an informed decision.

    FAQ

    Who founded Ethereum?

    Vitalik Buterin is the creator of Ethereum, the blockchain platform that acts as a world computer for decentralized applications.

    Who is the richest Cryptocurrency owner?

    Brian Armstrong is the richest Cryptocurrency owner who has a net worth of US $ 6.5 billion. He is the founder and CEO of crypto exchange Coinbase.

    What will Ethereum be worth in 2030?

    As per CoinPrice Ethereum will hit a whopping $5,000 (£3,598.75) by the end of 2030.

  • How to Approach Investors for Funding for your Startup

    Starting your own business or what we call now a startup can both be overwhelming and scary. Funding is something that is needed heavily in this line or for anything you do even while organizing an event. According to a study conducted by “Forbes,” “about 10% of startups survive, despite the fact that 90% fail.” Businesses, specifically emerging companies, have a difficult time raising funds. How can you get that first investment so you may expand your business?

    When it comes to raising capital for enterprises, many entrepreneurs approach investors and pitch their idea right when they need it. The difficulty here is that why would an investor give you a huge sum of money if they have no idea who you are? There are a number of things that can help you turn your startup idea into the successful firm you’ve always imagined. In addition to working on your business idea, you are also the banker for it. You’ll need a business and a marketing strategy. Most significantly, you’ll need to learn how to raise funds and find investors.

    When looking for investment for your startup, there really are a number of options to explore. Some funding alternatives may make more sense than others depending on where your firm is in its development. Choosing an appropriate investor could make or destroy your firm, whether you’re crowdfunding or leaning toward the private investment sector.

    Approach Investors for Funding – Initial Plan of Action

    1. Early on, establish a network
    2. Know how to pitch the Idea
    3. Results speak more than Words
    4. Ask for Advice
    5. Benefit from the internet fundraising sector
    6. Get the Traditional way and take help from the Bank

    Approach Investors for Funding – Conclusion
    Approach Investors for Funding – FAQs

    Unlock Your Startup’s Potential with Our Exclusive Investor Lists and Resources

    Supercharge your startup’s success with our comprehensive resources. Access investor lists, pitch decks, KPIs, and fundraising guides. Connect with pre-seed investors, angel networks, and family offices, while mastering VC pitches. Ignite your entrepreneurial dreams today!

    Explore Now

    Approach Investors for Funding – Initial Plan of Action

    You can approach an investor in a few different ways to get him or her to invest in your startup. When you pitch for funding, it is essential that you have all the information about your startup, as a little misinformation may cause the rejection of the proposal for the investment.

    1. Early on, establish a network

    The sooner you begin, the better. Entrepreneurs must meet investors in the early stages of their businesses. Learn about the industry they invest in and allow them to learn about your business. This helps in building a strong network for the later stage of investment. Sending a pitch deck to them later will feel less awkward if you create an informal relationship with the investors at first. During the idea stage, most entrepreneurs’ gets a financial aid from friends and family. These are generally your constant supporters or people closest to you who want to see you succeed.

    2. Know how to pitch the Idea

    While investors may trust in your business, their investment is ultimately a means to an end – they want to profit from it. As a result, it is important to emphasize how investing in your company would benefit them directly. While pitching, have your basics in place. If you are pitching to an established company or any other businessman the easiest method to stand out and stimulate a person’s curiosity is to show them exactly how and when they’ll get their money back.

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    3. Results speak more than Words

    When you are pitching you may want to show them your initial results. It could be your business graph, potential customers or stakeholders you aim to bring in the future and how. Also building a strong team and showing them that you have a team which means business.

    4. Ask for Advice

    By proactively approaching an investor for advice initially, you may be able to build relationships with them that leads to a stronger desire to invest in your company later. It allows investors to bring out potential weaknesses in your business while also demonstrating that you value their opinion.

    5. Benefit from the internet fundraising sector

    While networking in person is crucial, your location should not be a stumbling block to securing financing. With the prominence of crowdfunding websites available like Kickstarter, Indiegogo, FuelADream, and Milaap, you’ll no longer be limited to the traditional way. More than this, try and take help from social media. Grow your firm on  Social Media. The more digital the business gets the more social attention it will get.

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    6. Get the Traditional way and take help from the Bank

    If you can secure favorable terms, traditional bank loans could be a helpful funding choice. Banks often offer the lowest interest rates on business startup loans and do not need equity in the company. Bank loans have a lengthy application process and a high credit score is required. A bank may need you to sign a personal guarantee on the loan in exceptional instances. This means that if the loan is defaulted on, they can recuperate their losses from personal assets.

    Approach Investors for Funding – Conclusion

    The argument would be that investors receive a lot of inquiries on the funding, and one approach to stand out is to have someone who they trust highlight you as worthwhile and worth paying attention to. Many investors won’t even reply to startups that don’t have a warm introduction because their deal flow is too heavy. Pause for a moment and consider how to create a ‘critical path’ for investors. This may have an impact on your future investor relationships. Ensure you get it right the first time so you don’t have to go searching for another chance.

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    Approach Investors for Funding – FAQs

    What are ways of approaching an investor to get the funding?

    Establish a network, know how to pitch an idea, show then the results, ask for advices, use internet fundraising sector, take help from bank.

    What are the different sites in internet fundraising sector?

    Kickstarter, Indiegogo, FuelADream, Milaap, Gofundme and many more.

    What is the percentage of startups that survive?

    According to a study conducted by Forbes, “about 10% of startups survive, despite the fact that 90% fail.”

  • Startups Funded by Omidyar Network India

    Usually investment firms only fund a startup when they see potential to grow their money. However philanthropic investment firms fund in startups that help achieve their philanthropic endeavors like solving a country’s problems or empowering the civil society.

    One such philanthropic investment firm and a non-profit organization is Omidyar Network India, which was established in 2004 by the eBay founder Pierre Omidyar and his wife Pamela Kerr. Omidyar Network India is part of the US based Omidyar Group which is a diverse collection of companies, organizations and initiatives that are dedicated in creating opportunity for people to improve their lives.

    Omidyar Network India has its headquarters in Mumbai, Maharashtra with over a 50 employees in the country. Omidyar Network invests in innovative organization and bold entrepreneurs that will eventually catalyze economic, social or political change. As of 2017, the firm had invested in more than 60 companies within a decade, and raised more $350 million by 2020.

    So far the organization has committed over $992 million to profit, nonprofit and public companies that aim in fostering economic advancement and that are trying to solve the problems of India’s hardest and most difficult problems and challenges.

    Omidyar Network India makes equity investments upcoming companies and provide grants to non-profit organizations in the areas of Digital Identity, Education, Emerging Tech, Financial Inclusion, Governance and Citizen Engagement, and Property Rights. The organization invests in 3 levels which are :

    • Supporting new and upcoming market innovators,
    • Help in building institutional & market infrastructure and
    • Working with the Indian Government to promote inclusion, entrepreneurship, competition, and ensure necessary safeguards and protections.

    Quikr
    HealthKart
    Dailyhunt
    1mg
    Scripbox
    Transerve
    Vedantu
    ZestMoney
    Credflow
    WhiteHat Jr
    Newslaundry
    Frequently Asked Questions

    Pierre Omidyar – Net worth, Business idea, Education and more
    Pierre Omidyar is an American Entrepreneur and a software engineer who foundedthe successful online auction platform, eBay in 1995. He was the Chairman of thecompany from 1998 to 2015. He soon became a billionaire as soon as eBay issuedan Initial Public Offering (IPO) in 1998. As of 2021, he has …
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    Here are some of the startups funded by Omidyar Network India

    Quikr

    Quikr is the India’s top online classifies platform that helps people of a particular city meet, trade, buy and sell household goods, cars, bikes, local services and even find jobs, among other services. Quikr was founded in 2008 by Pranay Chulet and has its headquarters based in Bengaluru, Karnataka.

    The company is currently has its footprint in 1000 different cities around the world. Quikr aims on empowering people to independently connect with different buyers and sellers. The company has so far raised over $350 million in 7 rounds in order to fulfill its dream of disrupting the ecommerce market in country and empower people.

    In 2009, the company raised over Rs 200 million in their second round of funding which was led by Omidyar Network and Matrix Partners India. Quikr has a long list of investors like Tiger global, Kinnevik, Matrix Partners, Omidyar Network, Norwest Venture, Nokia growth Partners, Warburg Pincus and eBay, etc.

    HealthKart

    HealthKart is known to be India’s largest online nutrition and fitness platform that offers products, services and even expert advice or assistance to fitness enthusiasts. The company also has leading subsidiaries like MuscleBlaze for (sports and fitness) and Healthkart for (health).

    HealthKart sells everything from protein supplements to vitamin smoothies at affordable prices. The company has it’s headquarters in Gurgaon and sells more than 200 brand products and authorized vendors that is listed on their website. It is known for nutrition products that are sold especially to elderly people, personal care, chronic care, eye and skin care.

    The startup raised over Rs 27 crore in their second round of funding from their existing investor Sequoia Capital and Omidyar Network India. With this the company expanded its product portfolio and is also developing an online magazine about health and fitness.

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    Dailyhunt

    Dailyhunt is one of the top news and local language content app in India. Currently, the company has over 150 plus million app installations with more than 100,000 news articles that are available in 14 different languages.

    The company was founded in 2007 by Virendra Gupta and its parent company is Verse Innovation. Dailyhunt claims to have 150 million monthly users and 27 million daily users. It also has 650 publication partners, while their content is created by machine learning algorithm that delivers real time personalized content.

    The company raised over Rs 24.61 crore in series E2 funding from Omidyar Network India, Sequoia Capital and the Renu Sehgal Trust. Omidyar also funds other news aggregators like Pratilipi and Helofy. The competitors of Dailyhunt are NewsDog which is backed by Tencent and Helo backed by Toutiao.

    1mg

    1mg website
    1mg Website

    1mg is one of the top online pharmacy and integrated health application in India and is known for its wide range of medicines, health products, online consultation, booking lab tests and providing information on doctors, clinics, diagnostic centres, pharmacies, etc.

    The company promotes transparency around medicine information and is the one stop shop for medical search and transaction experience. During the pandemic, the platform has become popular as it delivers medicines and health products at the safety of the homes in more than 1000 cities across India from Licensed pharmacies.

    In 2016, 1mg raised over $15 million in their series B funding round from Maverick Capital Ventures, Sequoia Capital and Omidyar Network India. The company at that time said that it was going to use the funds to expand their online pharmacy and diagnostics and also launch personalized health feeds for their consumers.

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    Scripbox

    Scripbox is an online mutual funds platform, which was founded by Sanjiv Singhal in 2012. The company has its headquarters in Bengaluru, Karnataka and uses proprietary algorithms to curate a portfolio out of 8000 other mutual funds in country, they are then divided into equity, debt and tax savings.

    The company aims to educate young working professionals to save and grow their wealth and also encouraging people to explore inflation beating instruments rather than the usual inflation par instruments like fixed deposits and gold. As according to E R Ashok Kumar, the CEO of Scripbox, equities will give people over 15% returns than compared to the traditional forms of investing.

    The company raised an undisclosed amount in their series B round investment from Omidyar Network India and Accel partners. The company joins Omidyars’s other investment made in the sector of personal savings such as Juntos from US and Tandem from UK. Scripbox was planning to expand to 1000 cities by 2020 with its funds.

    Transerve

    Transerve is a platform that offers geospatial tech based SAAS solutions. The platform allows solutions for sustainable growth and urban planning. Transerve is used by both individuals and companies for visualizing and sharing spatial data and map visualization through Map APIs.

    The platform is a data collector, has location intelligence and helps in mapping precisely so the companies can geo locate data and then make smart and accurate decisions. The company also built many apps and platforms like CityOS in order to solve problems which are related to urban setup, Watsan for waters supply and sanitation solutions and deploys Lidar for heritage restoration and highway engineering.

    The company aims in providing solutions to modernize a city’s municipal information system, which is why it went on to raise $1.6 million in Series A funding from IL and FS Investment Managers and Omidyar Network.

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    Vedantu

    Vedantu Website
    Vedantu Website

    Vedantu is a well-known Ed tech company that allows teachers to provide Live tuitions to students online. The online tutoring platform has more than 500 of India’s best curated teachers and over 1 million hours to over 40,000 students across 1000 plus cities from 30 countries.

    Vedantu uses a built in technology known as WAVE to create a marketplace model for teachers, where students can browse, discover and choose to learn from a particular teacher. So far the app offers teaching classes for 6th to 12th grades and also for co-curricular and competitive examinations.

    Vedantu raised $11 million in Series B funding round from Omidyar Network in 2018. It also went on to raise $12.5 million in Series C-1 round of funding from Legend Capital and Omidyar’s Ohana Holding in 2020.

    ZestMoney

    ZestMoney is India’s fastest growing Fintech startup that was founded in 2015 by Lizzie Chapman, Priya Sharma and Ashish Anantharaman. ZestMoney uses mobile technology, AI and digital banking facilities to make life more affordable to millions of Indians by managing their credit for them and helping them pay in affordable EMIs.

    The platform was made with the aim of improving lives of the people who don’t have an access to credit card or other financial option due to insufficient credit history.

    The Bengaluru based digital lending startup raised over $20 million funding in Series B round from Quona Capital, Reinventure, Omidyar Network, Ribbit Capital and PayU. The company is said to use these funds for expanding their platform with EMI-based financing for e-commerce and for other online purchases.

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    Credflow

    Credflow is a New Delhi based Fintech startup, that offers small and medium enterprises (SMEs) solutions for cash flow management. With the help of the platform SMEs can manage their finances better with timely insights of pending amounts by customers, sending regular payment reminders, validating invoices and negotiating discounts for early payment, among others.  

    So far over 5000 SMEs are said to have used Credflow to process invoices that are worth over Rs 70,000 crore. The main aim of Credflow is to help small businesses grow exponentially by managing their banking, payments, and treasury.

    Credflow raised $2.1 million in their seed round of funding from Stellaris Venture, Omidyar Network and Flourish Ventures. The company said that they would use the funds to develop its platform, strengthen its technology and come up with new products in order to expand their customer base.

    WhiteHat Jr

    WhiteHat Jr Website
    WhiteHat Jr Website

    WhiteHat Jr is a Mumbai based Edtech startup that offers live online 1:1 classes on coding and math. The platform is also built on the foundational skills like literacy and numeracy from an early stage.

    WhiteHat Jr helps in connecting top certified teachers that can teach children topics such as e-learning, coding, early childhood education, computational thinking, logic, algorithmic thinking, etc. After learning the kids are encouraged to come up with creative outcome like animations and apps.

    The startup raised over $1.3 million in a seed funding round from Nexus Venture Partners and Omidyar’s Network India in 2018. It also raised $10 million in their Series A funding round by their existing investors Nexus Venture Partners and Omidyar’s Network India in 2019. The company said that they would use the funds to strengthen their platform and expand their curriculum and marketing to increase consumer awareness.

    Newslaundry

    Newlaundry is a well-known independent news media company that provides its readers with media critique, reportage, satirical commentary, podcasts, documentaries, comics and animation content. The media company was founded by former journalists Abhinandan Sekhri, Madhu Trehan and Prashant Sareen in 2012.

    Newslaundry was also the first subscription based website in India, as unlike other news websites like The Wire, The Quint, Scroll, etc the company relies on public subscriptions for revenue instead of advertisements. In 2016, the media company raised Rs 3.1 crore from Omidyar Network, Omidyar now owns 18.4% stake in the company.

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    Conclusion

    Over the years Omidyar Network Indian helped in driving empowerment and social impact at a big scale, by investing in startups and entrepreneurs who aim in providing solutions to solve Indian chronic problems. Even during the Covid 19 pandemic, Omidyar Network funded over Rs. 10.75 crores to 67 projects out of 2000 under the Rapid response funding initiative in 2020. The investment firm will continue to help many upcoming startup grow and bolster a vibrant entrepreneurial ecosystem.

    Frequently Asked Questions

    What is Omidyar Network India?

    Omidyar Network India is part of the US based Omidyar Group which is a diverse collection of companies, organizations and initiatives that are dedicated creating opportunity for people to improve their lives.

    Who is the founder of Omidyar Network India?

    The philanthropic investment firm and a non-profit organization was founded by Pierre Omidyar (also the founder of eBay) and his wife Pamela Kerr.

    What are the areas that Omidyar Network India funds?

    The areas in which Omidyar Network India funds are Digital Identity, Education, Emerging Tech, Financial Inclusion, Governance and Citizen Engagement, and Property Rights.

    What are some of the Top startups funded by Omidyar Network India?

    The startups funded by Omidyar Network India are Newslaundry, WhiteHat Jr, Credflow, ZestMoney, Vedantu, Transerve, Scripbox, Dailyhunt, 1mg, HealthKart and Quikr.

  • Motilal Oswal – Its Business Model and How You Can Be a Business Partner Today!

    Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. The company was founded by Motilal Oswal and Raamdeo Agarwal in 1987 as a small sub-broking unit, with just 2 people running the show. The company is listed on BSE and NSE stock exchanges. The company offers loans for home, construction, composite, improvement, and extension in India

    The company entered into investment banking in 2005, followed by private equity fund in 2006. The company focuses on customer-first attitude, ethical and transparent business practices, respect for professionalism, research based value investing and implementation of cutting edge technology. Which have enabled the company to blossom into an over 6000 member team. On January 2010, Motilal Oswal Financial Services Ltd. set up Mutual fund business named as Motilal Oswal Asset Management Company (MOAMC).

    Today we are a well-diversified financial services firm offering a range of financial products and services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance.

    They have a diversified client base that includes retail customers, mutual funds, foreign institutional investors, financial institutions and corporate clients. They are headquartered in Mumbai and as of September 2020, had a network spread over 550 cities and towns comprising 2500 plus Business Locations operated by their Business Partners.

    Read on to know more about the different Motilal Oswal business models and how you can work with them!

    The Business Model of Motilal Oswal
    Partnership Business Models of Motilal Oswal
    Motilal Oswal – FAQs

    The Business Model of Motilal Oswal

    Motilal Oswal Franchise model is one of the multiple business models this full service stockbroker has to offer to potential business takers. The broker claims to have a presence in around 570 cities and 2200 plus locations across different parts of the country. Furthermore, there are around 2300 business partners associated falling in one business model or the other. It entered into the foray of franchising in the year 1999.

    Motilal Oswal has a partner strength of more than 1400 through its various business models and provides services at both retail and institutional levels such as Motilal Oswal Demat Account opening Motilal Oswal offers sub broker business models through which their approach towards business partners is that of being an extension of their brand and an extension of the family. This full service stockbroker claims to provide the following benefits to its business partners:

    • Back office Support – Helps in Risk management and Business operation Assistance.
    • Stock market research and advice – helps in research reports, Advisory, strategies.
    • Business development opportunities – helps in onboarding assistance, mentorship programs and Technology support through an exclusive mobile app.
    • Technology assistance through trading products – helps in trading platforms and portfolio tools.

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    Partnership Business Models of Motilal Oswal

    You can be a Motilal Oswal business partner in the following ways:

    Franchise

    Individual or businesses that are looking to expand their financial footprint can opt for the Motilal Oswal franchise model. You need to have a requisite office space along with a small team that can handled day to day operations. Entrepreneurs who think they have a dream to grow big and have the passion and the capability to pursue the journey towards their dream. With all the initial expenses taken care of, you get a revenue sharing of 60% of the brokerage generate by them.

    The eligibility for this model are good and consistent reputation in the financial space, a refundable deposit of INR 3 lakh to be made to the full service stockbroker and an experience of 2 to 3 years in the streams of broker or sub broker. They must also have a minimum investment of INR 5 lakh to INR 10 lakh at the onset with reasonable wallet for infrastructure related expenses and an area of 150 to 200 sq. ft. to set up an office in a year.

    Benefits of joining Motilal Oswal are:

    • Comprehensive Business development Initiatives.
    • Strong Mentorship form Senior Management.
    • Robust Back Office and Operations Support.
    • Solid Research and Solid Advice.

    How Motilal Oswal will build your business:

    • Superior Technology Platform for Multiple Products.
    • Dedicated Onboarding and Engagement Services.
    • Time tested and proven New client Acquisition strategies.
    • Full proof client shifting/business migration process.

    Employee to Entrepreneur

    This program is specifically for people who are either an employee at a stockbroking house or have a reasonable experience in the stock market. The eligibility criteria for this business model is that you must either be an employee of any stockbroking company or must be direct stockbroking experience. It’s for those who want to start their own business. Even in this model you get to keep a specific percentage of the overall revenue generated through your addition to the program. This percentage can range from 30% to 40% of the overall revenue.

    The benefits under this model are:

    • No limits to your career growth.
    • Opportunity to create a legacy for your future generations.
    • Extend your working life with your own business.
    • Customize your business according to your area of expertise.

    How Motilal Oswal can help in the employee to entrepreneurs sector:

    • Get insights from our entrepreneurial experience of growing a broking business.
    • Get a product suite to fulfill every need of your client.
    • Get access to our famed Solid Research and Advice.
    • Get readymade Back Office Infrastructure and Risk Management Systems.

    Remisier

    This business model of Motilal Oswal does not require any upfront capital expenditure to set up the business. An individual looking to spend nothing on the office infrastructure cost may try out this business model. The idea is simple, they provide interested business leads to Motilal Oswal and brokerage generated from the converted clients will have a share for the remisier. However the broker claims that it will provide all kinds of tools, research and other related assistance for client/lead acquisition.

    The eligible criteria for setting up a remisier business model with Motilal Oswal are reasonable reputation and hold of potential client base in the financial space, sales experience of at least 2 to 3 years of financial products, an operational expense capacity of INR 1 lakh. Entrepreneurs wanting to set up their business at no capital cost and largely work independently.

    The benefits of this model are:

    • Build your business with minimal costs.
    • Complete infrastructure support available.
    • No initial set up costs. Robust advisory support.
    • Dealing support at branches.

    How Motilal Oswal can help set up their business:

    • Zero Infrastructure and support costs.
    • Superior Technology Platform for multiple products.
    • Support at local branches for dealing.
    • Support for new client acquisition.
    The products and services offered by Motilal Oswal
    Motilal Oswal Products and Services

    Channel Partner

    This business model of Motilal Oswal channel partner is more of a collaboration with the broker rather than working under the broker. In case you are already working with a specific set of clients for stock market trading, then you may choose to opt for this business model. The idea, in this case is to offer the existing client base of yours with other potential investment opportunities apart from the ones they are already into.

    The eligibility criteria in case of a channel partner program is an active set of clients trading or investing in the stock market. Since channel partners are going to bring investor base to the full service broker, they get better revenue sharing on new investment products sold (which is anything from 50% to 60%). Those who would like to collaborate with us to cater to a wider range of clients and partake in the revenue pie of the complete financial intermedia on opportunity.

    Benefits of being Motilal Oswal channel partner:

    • Comprehensive business development initiatives.
    • Strong mentorship from senior management.
    • Robust back-office and operations support.
    • Solid research, advice and advisory products.

    How Motilal Oswal help build your business:

    • Superior technology platform for multiple products.
    • Dedicated customer acquisition and Engagement Services.
    • Staffing & training support.
    • Multiple Assets – one stop shop for your clients.

    Digi Partner

    It is a unique partnership model where you’re end to end business right from acquiring clients, account opening, business operations, product suggestions, advisory product Investments, and moderation is done digitally. As the name suggests, Digi-Partner is a unique partnership model where you’re End to end business right from acquiring clients, account opening, business operations, product suggestions, advisory product Investments and moderation is done digitally.

    Benefits of joining Motilal Oswal Digi Partner:

    • No compulsion of office infrastructure.
    • Online Funds & Securities pay-in and pay-out facility.
    • Call-N-Trade dealing service support.
    • Easy client account opening plus lucrative brokerage.

    How the company can help you build your business:

    • Extended business development support.
    • Dedicated reactivation desk.
    • Technology support with Uppermost.
    • Multiple asset classes to cross sell.

    Motilal Oswal – FAQs

    What is Motilal Oswal Sub Broker Commission?

    Taking into account the entitlements, precisely in terms of the revenue, there is a higher ratio of revenue that you will retain. There is a flexible revenue sharing provided by the stockbroking house, where 60% – 80% is provided to the sub-broker.

    Which is the cheapest brokerage in India?

    5Paisa is a part of IIFL (India Infoline) and offers the cheapest stock brokerage in India. IIFL launched 5Paisa to offer a lower brokerage platform for its clients and to compete with the fast-growing discount broking industry.

    What is the lowest brokerage charges in India?

    The minimum brokerage charge by the full-service brokers is the minimum commission they charge for trading with them. With a brokerage of 0.50%, if the total trade value is less than INR 7000, you will pay the minimum brokerage amount of INR 35.

    Which broker is best in India?

    Zerodha is one of the best brokers in India.

    Who owns Motilal Oswal?

    Passionate Investment Management Private Limited is the parent organisation of Motilal Oswal.

  • Why Softbank is Investing 700 million in Flipkart after exiting the firm in 2018?

    SoftBank Vision Fund is a Japanese based company that had exited from its investments in Flipkart after selling them off to Walmart Inc during the year 2018. But the company has now held discussions in order to invest into the e-commerce giant, Flipkart. Let’s look at why SoftBank is trying to buy Flipkart again.

    Softbank Funding – Latest News
    Flipkart Plans for IPO in US
    Reason for SoftBank’s Investment in Flipkart
    Flipkart’s Investment
    FAQ

    Softbank Funding – Latest News

    SoftBank has held discussions with the e-commerce giant, Flipkart to invest an amount of around USD 600 – USD 700 million during the funding round. Certain sources have claimed that the funding which is being raised by Flipkart is much more larger which is expected to be around USD 2 billion.

    The funding rounds estimated to see the participation of a group of investors or wealth funds which include Canada’s CPPIB, Abu Dhabi’s ADQ as well as the existing investors of the company which includes GIC and Qatar Investment Authority.

    The sources have conveyed that the funding rounds would value the e-commerce giant to closely around USD 25 – USD 30 billion.

    Flipkart Plans for IPO in US

    Flipkart had plans to go for an Initial Public Offering in the United States and the investment from Soft Bank would lead the company to push aside its plans to go public. This would mean that the e-commerce giant would stay as a private company for longer than it was intended to.

    A person close to the developments has conveyed that the deal between SoftBank and Flipkart would be finalized up in the next few weeks of June 2021. As per earlier reports, the e-commerce giant had plans to go public during the year 2022.

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    Reason for SoftBank’s Investment in Flipkart

    If the deal to invest in Flipkart is finalized then it would be another big move from the Japanese based group, SoftBank in entering into the Indian e-commerce market. The company has already been part of the e-commerce market with huge cash investments.

    After the exit from the e-commerce firm Flipkart during the year 2018, the re-entry into the firm is at the right time when the large Indian groups such as TATA and Reliance have been entering into the market sector and is trying to catch the market share.

    Even the rival firm of Flipkart which is Amazon has increased its investment in the Indian market by more than USD 7 billion in diversified sectors which include retailing, online payments, food delivery, grocery delivery, etc.

    The investment from SoftBank will help the e-commerce giant to build an ecosystem in order to compete with the rivals such as Reliance, TATA and Amazon.

    Revenue growth of Flipkart
    Revenue growth of Flipkart

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    Flipkart’s Investment

    Flipkart under the leadership of Kalyan Krishnamurthy has grown significantly over the years. They have increased their investments and the acquisitions in order to bulk up their logistics and supply chain in order to increase the its brand and fashion portfolio.

    In the month of April 2021, the company had acquired Cleartrip in order to strengthen its presence in the hospitality sector. Flipkart had also acquired an 8% stake in the Aditya Birla Fashion and Retail Ltd and also a 27 % stake in the Arvind Fashions.

    Other recent investments of the company include a logistics startup and a supply chain startup. The company is also focusing to invest heavily into the online grocery platform as it has seen an increased demand due to the pandemic and the lockdown in the major cities.

    The company has announced that it has plans to build warehouses for scaling up its grocery business and hired employees for it. The Indian business of Flipkart is operated through multiple entities. The online business is run by Flipkart internet and Flipkart India.

    Conclusion

    The e-commerce giant has expected to raise funds from the Canada Pension Plan Investment Board and also from the existing investors. 76.9 % of the stake is owned by the Parent company Walmart INC. The other investors include UBS, GIC, Accel, Microsoft, Qatar Investment Authority, Tiger Global Management, Tencent, ESOP pool and the founder Binny Bansal.

    FAQ

    When did SoftBank Invest in Flipkart?

    SoftBank’s Vision Fund invested $2.5 billion in Flipkart in August 2017.

    When did Walmart invest in Flipkart?

    In 2018 Walmart bought a roughly 77% stake in Flipkart for $16 billion.

    Is Softbank investing in Flipkart again?

    Yes, Softbank is in talks with Flipkart to invest approximately $700 million in it.

  • What is Robert Kiyosaki’s take on Cryptocurrency?

    Robert T Kiyosaki is the author of the well-known personal finance book Rich Dad Poor Dad. The book was published in 1977 and has become the New York bestseller having a sale of around 40 million copies worldwide. He had previously praised the properties of bitcoin. Let’s look at what Robert T Kiyosaki has to say about cryptocurrency.

    Estimation of Robert Kiyosaki about Cryptocurrency
    Viewpoint of Robert Kiyosaki on Cryptocurrency
    What Robert Kiyosaki said about Bitcoin?
    Future of Bitcoin According to Robert Kiyosaki
    FAQ

    Estimation of Robert Kiyosaki about Cryptocurrency

    Robert Kiyosaki has estimated that the cryptocurrency would climb to over USD 1 million in the period of next 5 years. He conveyed that he had bought bitcoin when it was USD 9,000 and thought that he had been cheated but he said that the reason he had bought crypto at such a price was due to the shut down of the economy because of Covid.

    He added that now he looks like a genius as the digital coin had even crossed the mark of USD 50,000 and he estimates it to cross a million mark. He conveyed that bitcoin is still untested and even if the value crashes he said that he has other sources which would allow him to sustain and hence he could bear the risk.

    Viewpoint of Robert Kiyosaki on Cryptocurrency

    Kiyosaki has conveyed that he feels that for the older generation it is very important to understand the cryptocurrency market as the real estate and the gold guys are being phased out and the world is moving towards crypto.

    Robert T Kiyosaki pointing towards Warren Buffet said that there is this battle against the old guys and the younger generation against the cryptocurrency where people like Warren Buffet are Anti-Crypto. He added that the cryptocurrencies are now challenging the dominancy of the US Dollar and other fiat currencies.

    Price of Bitcoin
    Price of Bitcoin

    What Robert Kiyosaki said about Bitcoin?

    When Robert T Kiyosaki was asked in an interview if it is too late to buy a bitcoin, he answered that there is always an entry point and that he had bought the coins when it was at USD 9000. He said that he thought that he had been cheated in the beginning but later the coin has increased to around USD 50,000.

    He added that he wished that he had bought the coins at 10 cents like most of the people. He pointed out that cryptocurrencies and Gold stand out due to the devaluation of the US Dollars, money printing by the government and the external stimulus.

    Future of Bitcoin According to Robert Kiyosaki

    Robert Kiyosaki was further asked about whether would interfere in one form or the other or if they would lay in some restrictions on the digital coin such as even making it illegal which is believed by some of the well-known investors and hedge fund managers.

    He replied saying that he feels that the government would try but he feels that the problem is too big and said that the pension amounts have been depleted and the baby boomers have no money in hand.

    He added that they had shut the economy and are planning to print another USD 19 trillion and added that it has never worked and said that bad money would drive out the good money. He said that so people like him would never spend the bitcoin and would never keep his hand on it.

    Robert T Kiyosaki said that he would buy bitcoin again today or the day after as he is bullish on it. He added that he is not bullish over bitcoin but he is bearish about the Biden government and has claimed that they are a group of communist people. He added that they would just print money and that they are Central Bankers.

    FAQ

    What is the Net worth of Robert Kiyosaki?

    As of 2021, Robert Kiyosaki’s net worth is roughly $100 million.

    Who is Robert Kiyosaki?

    Who is Robert Kiyosaki is a Writer, Author, Businessperson, Investor, Entrepreneur, Motivational speaker.

    What does Kiyosaki say about Bitcoin?

    Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years.

    Conclusion

    However, Kiyosaki has mentioned that he still prefers Gold and Silver. He added that he favors gold and silver as it is considered to be God’s money and added that God put it there.

  • Is Landomus Group really Investing $500 Billion in India?

    Landomous Group which is a lesser-known US firm has announced that it would like to invest an amount in India. The firm has said that it would want to invest USD 500 billion by making an appeal to PM Narendra Modi. Let’s look at whether the company really wants to invest the amount.

    Landomus Realty Investment – Latest News
    Which Sectors Landomus Group is planning to Invest?
    Further Details about Landomus Group Investment in India
    About the Landomus Group
    FAQ

    Landomus Realty Investment – Latest News

    Landomous Realty Ventures has announced that they would want to invest an amount of USD 500 billion in the form of equity into India’s National Infrastructure Pipeline (NIP). The announcement was made in the form of an advertisement in a newspaper where the company made an appeal to the Prime Minister of the country, Narendra Modi.

    Pradeep Kumar Satyaprakash who is the chairman of Landomous Group had conveyed through the advertisement that the company Landomous Realty Ventures inc., USA, would like to invest in the First Phase of the USD 2 trillion investment under build India with a USD 500 billion in equity into the National Infrastructure Pipeline (NIP) and also the Non-NIP projects that are listed under the India Investment Grid for Invest India initiative by the Government of India.

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    Which Sectors Landomus Group is planning to Invest?

    Landomus has conveyed that they are aiming towards completing the NIP and non-Nip projects along with the investors and developers. They have announced that they would like to support projects in the sectors such as energy, manufacturing, social infrastructure, food processing, transportation, agriculture, sanitation and water.

    Landomus Group has also made the announcement on their website.

    Landomus Group Website
    Landomus Group Website

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    Further Details about Landomus Group Investment in India

    In the advertisement on the newspaper, it was mentioned that the company is aiming towards assisting the government in achieving the USD 5 trillion GDP target and would also like to assist the government in rebuilding India.

    The Chairman of the company had communicated through the ad that the company is requesting the Prime Minister of India to provide them with an opportunity to contribute to the vision of New India.

    At the end of the advertisement, they had mentioned that they would require a chance to present their plan and that they had a proper plan to make India pandemic free.

    About the Landomus Group

    There is not much information available about the company as their website is just one page. As per the received information the company has around 19 employees and a revenue of USD 5 million. It has been found that the website of the company was created in the year 2015 by United Land Bank which has its headquarters in Sivan Chetty Gardens Karnataka, India.

    The website had provided the address of Landomus Realty Ventures Inc and their location as Secaucus, New Jersey, USA.

    FAQ

    Where is Landomus Group based?

    Landomus group is a US based company.

    Is Landomus Group a Govt Company

    No. It is a Non-govt company and but a company with same name is registered at Registrar of Companies, Bangalore.

    Who is the CEO of Company?

    There is no information available about the CEO of Company.

    Conclusion

    NIP was announced in the year 2019 during the month of December by the Union Finance Minister Nirmala Sitharaman. A total infrastructure investment of around INR 111 lakh crore has been projected during the Financial Year – 2020 – 2025 by the centre under the NIP.