The top ranking executive of a company is called as CEO (chief executive officer). They have so many responsibilities. It includes making important decisions of the company, management of all operations of the company, management of the resources of the company, etc. The public face of a company is CEO.
There is a common thread that connects the famous multi-billion dollar companies. The current CEOs of these companies are mostly from south Asian countries, mainly from India. South Asians secured the most number of C-level leadership positions in the tech industry. Many of these south Asians are born and raised in their home countries before moving to the Western countries.
The Indians are playing an important role in changing the way of technology works. The world’s two largest technology companies are headed by Indian origin CEO’s. We can add more names to the list. Being a leader in the most important companies in the world and playing an important role in growth are not an easy task.
In large companies, CEOs generally manage only the highest level of strategic decisions, which affect the overall growth of the company. In small businesses, CEOs are often involved in daily operations. If you think that some of the best CEO’s in the world are international, you will be surprised to hear so many names from India.
Sundar Pichai
CEO: Google
Sundar Pichai – CEO of Google
Sundar Pichai is the CEO of Google. He was born in Tamil Nadu, India on 10 June, 1972. He took a degree in metallurgical engineering from IIT Kharagpur. After that, he moved to US. He completed his MS in material sciences and engineering from Stanford University and he attained his MBA from Wharton University.
He was awarded the titles named “Siebel scholar and Palmer scholar” from there. On August 10, 2015, Sundar Pichai was selected as CEO of Google. He played an important role in the development and launch of the Google Chrome web browser. He was the product head for projects related to Google drive, Google map, and Android. That helped him to grow in his career.
Satya Nadella
CEO: Microsoft
Satya Nadella – CEO of Microsoft
Satya Nadella is the CEO of Microsoft. He was born in Hyderabad, India on 12 August 1967. Hewas selected as CEO of Microsoft on February 4, 2014.He completed his degree in electronics and communication engineering from the Manipal institute of technology. He completed his master’s degree in Computer Science from the University of Wisconsin, Milwaukee.
He attained his MBA from the University of Chicago. After that, he worked as a technology staff at a company named “Sun Microsystems”. In 1992, he joined the Microsoft. Satya Nadella headed in some major projects at Microsoft, which including cloud computing and developing one of the world’s largest cloud cluster infrastructure.
Shantanu Narayen is the CEO of Adobe systems. He was born in Hyderabad, India on 1963. He took his degree in electronics and communication engineering from University College of Engineering, Osmania University. After that he completed his MBA from Haas School of business, University of California.
He earned his master’s degree in computer science from Bowling green state university, Ohio. His career started at Apple. After that, he worked in Silicon graphics. He co-founded a digital photo sharing company named “Pictra”. In 1998, he joined the Adobe Systems. He promoted as CEO of the company, in 2007. Also, he got the Padma Shri award in 2019.
George Kurian
CEO: NetApp
George Kurian – CEO of NetApp
George Kurian is the president and CEO of NetApp. It is a storage and data management company. He was born in Kerala, India. He completed his engineering from IIT Madras. He attained bachelors of Science degree in electrical engineering from Princeton University and earned MBA from Stanford University.
He started his career at Oracle in 1996. Later, he promoted as the senior vice president of Oracle’s server technologies. Also he served as vice president of Application Networking and Switching Technology Group at Cisco Systems. In 2011, he joined the Netapp. He became the CEO of the company in June 2015.
Nikesh Arora
CEO: Palo Alto Networks
Nikesh Arora – CEO of Palo Alto Networks
Nikesh Arora is the CEO of Palo Alto Networks. He was born in Uttar Pradesh, India on 9 February 1968. He completed his degree in Electrical engineering from IIT Varanasi. After that, he completed his MBA from Northeastern University. Also he earned a master’s degree in finance from Boston College.
He worked at Google. Also, he served as a president of a company named SoftBank Group. He resigned from there on 21 June 2016. In June 2018, he joined the Palo Alto Networks. Presently, he serves as the chairman and CEO of the company.
Rajeev Suri is the ex-CEO of Nokia. He was born in New Delhi, India on 10 October 1967. He has Singapore citizenship. He completed his degree in Electronics and Communications Engineering from Manipal Institute of Technology, India. He served for multi-national companies in Nigeria and India. In 1995, he joined the Nokia. He played an important role in transformation of the company. He became the CEO of the company on 29 April 2014.
Dr. Sara Saeed Khurram
CEO: Sehat Kahani
Dr. Sara Saeed Khurram – CEO and Co-founder of Sehat Kahani
Dr. Sara Saeed Khurram is CEO and co-founder of the company named “Sehat Kahani”. The services of the company focus on health awareness, primary health care consultation, and health counselling. She was born in Karachi, Pakistan. She completed her MBBS in 2010 from DOW University of Health Sciences.
Later, she earned a master’s degree in Health Policy and Management from The Aga Khan University of Health Sciences. She is the first women in Pakistan to win the Rolex award.
Raj Fernando
CEO: Workstorm.com
Raj Fernando – CEO and Chairman of Workstorm.com
Raj Fernando is the CEO and Chairman of Workstorm.com. He is a Sri Lankan descent American businessman. He was born on 8 July 1971. He completed his bachelor’s degree in economics and history from Beloit College. He found a company named “Chopper Trading” in 2002 and he became CEO of the company.
Fernando’s contributions helped the company to become one of the main participants on world’s largest global exchanges. But in 2015, he sold the company. He launched an internet startup named “Workstorm.com” in 2016. Now he serves as the CEO of the company.
The South Asian cultures encourage debate, communication, and argumentation. Also, the mainstream American culture encourages assertive communication too. According to a study by MIT, South Asians are more likely to achieve leadership roles in American organizations. The research focused on the three key aspects of prejudice, motivation, and assertiveness.
The research proposed that the cultural differences around assertiveness and the willingness to engage in the debate may be strong contributing factors in what resonates with American company leadership expectations.
This is a good trait that is seen in South Asian peoples. Because of this type of trait and culture, there is a high chance of people from Asia succeeding in leadership roles. We can expect more such leaders to take up leadership positions in big multi-national organizations.
These CEOs are not from the same background. It includes from poverty to the middle class. Most of them were born and raised in different places. They left the home countries to attain higher education in other countries, yet they all have the same instincts, values and traits. Anyway, climbing the ladder of success is not an easy task. So, this completes our list of top Asian CEOs of Fortune 500 companies.
FAQ
How many Fortune 500 companies have Indians as there CEOs?
38 CEOs of Fortune 500 Companies are Indians.
What is the number of Asian American CEOs in the fortune 500 companies?
5.6% of total CEOs in fortune 500 Companies are found to be Asian American.
Who is the first female CEO of a Fortune 500 company?
Katharine Graham is the first female CEO of a Fortune 500 company.
Which is Number 1 in the Fortune 500?
Walmart is ranked no. 1 in Fortune 500 Companies.
What is the number of Asian Americans in professional workforce?
Asian Americans made up about 13% of the professional workforce.
Women have always been an important part of some of the greatest accomplishments in the world. History has been created by them in every sector, especially the business industry, with the leadership qualities they are the head of some most popular companies in the world.
Even after facing a roadblock, they broke all the chains of shackles and are soaring high in the sky. The business world has seen some great women taking charge and leading from the front.
Just like how women are playing big roles in every industry, there are women out there who have stopped working for different reasons. Those reasons range from taking care of their own self including mental and physical health, taking care of their families or some other pivotal reasons. As time passes, when they feel like coming back into the work environment, they might feel awkward and a little hard while re-launching their career.
Nevertheless, various organisations have taken a step forward to eradicate this problem. Now we get to see a number of big companies organizing returnship programs. In this article, we will talk about the top returnship programs for women in India. So let’s get started.
“I want every little girl who’s been told she’s bossy to be told again she has leadership skills.” -Sheryl Sandberg
There are people who leave their career behind and take their time off for many different reasons; it can be because of their child, to take care of their mental health or physical health, or learn some new things about themselves.
When they decide to return to their job once again, they might need some help, because of that some organisation offers returnship programs to them.
Returnship program is like an internship where instead of starting from the bottom you get introduced to your previous role and it helps you in understanding your role. Apart from that you also get to catch up with all the changes that have happened during your absence.
Google Next Innings Program
Google Next Innings Program Homepage
This program is for women who are looking forward to going back to their careers once again. Various experience leaders come forward to guide and mentor you. Some of the people who got selected, get a chance to work on Google Cloud’s core technologies where one not only get to see the development of the product but also learn and gain experiences from the experts. It is paid programme of 6 months and can be only done in Bangalore and Hyderabad
To join this program one must have 3 years of experience, must possess a Bachelor’s degree in Computer Science or other technical related fields. Apart from that, a certain level of knowledge in programming languages is also needed. It is applicable for those women who have taken a break of 6 months or more.
Amazon Rekindle Program
Amazon Rekindle Program Homepage
One of the largest E-commerce platforms has launched this returnship program for women who have taken at least a 12-month break from their careers. This program is a ladder for those women who want to acquire the same position that they were in before their break.
Those who want to apply for this program must come with previous experience in their position. After candidates join this program, information regarding interviews is provided to them apart from that they get mentored by experienced people as well.
IBM’s Tech Re-Entry Program
IBM’s Tech Re-Entry Program Homepage
This program is for those who have taken at least 2 years of break from their careers and is thinking to return to their place. Women applying for this program must have experience before, the best part even if someone has taken a break of 20 years, they can also apply in this program.
This program was launched in 2018 and it attains women to sharpen their skills and give them an opportunity to work with new technologies. Throughout the program, the candidates will be mentored by experienced professionals and the best from the rest will be taken for full time in IBM.
PayPal Recharge India
PayPal Recharge India
Available in Bangalore and Chennai, this program is for those women who have been working in the tech industry and has been away from their work for 1 to 5 years and is now thinking about returning to their job. Through this program, one gets to join PayPal’s boot camp and some also get into the skill-building programs and also get attractive job offers at PayPal as well.
Microsoft Springboard
Microsoft Springboard Homepage
The program offered by Microsoft in India provides an opportunity for women who have taken at least a break of 6 months from their careers. The applicants of the Springboard program must have experience of four years. The program is for 16 weeks and it is said to be a popular one for women who are trying to revive their careers after the break. Experienced leaders took the charge to mentor the candidates.
Accenture Return to Work Program
Accenture Return to Work Homepage
Accenture Return is 16 weeks paid returnship program, applicable to those who are away for at least 18 months or more. Job training is offered through this program, workshops are done to polish some skills of the candidate, especially their soft skills. After the tenure of the program is completed, Accenture offers full-time job opportunities to the candidates.
Thoughtworks Vapasi
Thoughtworks Vapasi Homepage
Just like the above programs, Thoughtworks Vapasi is all about helping women make a comeback to their workplace after a break. Women must have at least three years of experience to apply for this program and have taken a break of 1 to 8 years. This program provides mentoring from experienced leaders and helps in enhancing the leadership qualities of the candidates. The program is hosted in the Bangalore and Hyderabad offices of Thoughtworks.
Conclusion
Women have proven their mettle again and again in every industry, the returnship programs help women to take charge of their career after the break that they took. All these returnship programs provide valuable skills, mentorship and opportunities which helps Indian women to make a comeback in their professional life with a bang.
FAQs
How do returnship works?
Returnships programs are internships offered to adults who took a break from their careers, they provide career opportunities by sharpening their skills, providing mentorships so that the candidates can go back to their previous job roles.
Are returnships paid?
Yes, many of the returnships are paid and are quite helpful for people.
What is the benefit of the returnship program?
Returnship program helps in learning new skills and new job opportunities are offered. It helps you get back to your work after a break and lets you start where you left off.
With the increase in their wealth, the richest of people also inspire the world to come to their level. However, very few people can hustle as the richest do. Top richest people inspire more people to hustle and motivate them. Here is a list of the world’s richest people’s monthly income, annual income, earnings in a week and a day.
The Co-founder, CEO, and Chief Engineer of SpaceX, an American aerospace manufacturer and the CEO and Product Architect of Tesla Inc., Elon Musk is known as an entrepreneur and business magnate of worldwide fame. He is currently known as the richest person in the world and highest-paid CEO, who notably retains his position as one of the top 3 of the highest income holders of the world. Musk successfully crossed the $200 billion on September 27, 2021, following the surge of a Tesla stock and was worth 203.4 billion at the close of the markets on the same date. With this, he surpassed Jeff Bezos, who attained the same in August 2020, and Bernard Arnault, to achieve the feat!
Elon Musk is also the founder of The Boring Company, Neuralink, and OpenAI but his fortune is strongly tied to the ownership of Tesla.
Jeff Bezos
Founder – Amazon Net Worth (2022) – $171.4 Billion
Jeff Bezos Income | Salary of Richest People in the World
Jeff Bezos is the executive and the biggest shareholder of the web-based shopping giant Amazon. Bezos is an American innovation business visionary and speculator, esteemed over $100 billion. He is among the top 3 persons with the highest income in the world. Bezos’ different business interests incorporate aviation and e-commerce. He is the originator and proprietor of Blue Origin, a space transportation company. Established in 2000, the organization has directed dry runs to space starting in 2015, and arrangements for business suborbital human spaceflight starting in 2018. He likewise bought The Washington Post daily paper in 2013.
Bernard Arnault oversees an empire of 70 brands including Louis Vuitton and Sephora. Arnault got his start by putting up $15 million from that business to buy Christian Dior in 1985. LVMH spent $3.2 billion in 2019 for luxury hospitality group, Belmond, which owns or manages 46 hotels, trains and river cruises.
Bill Gates
Founder of
Microsoft
Net Worth
$117 Billion
Founded in
1995
Bill Gates Income | Salary of Richest People in the World
Bill Gates is the Co-founder and Technology advisor of Microsoft Corporation. Bill Gates was the second richest person in the world in 2018 following Jeff Bezos. He became the third richest person, after Bernard Arnault, who took him over in the July of 2019. Bill Gates is one of the best-known businesspeople of the tech industry. He has been scrutinized for his business strategies, which have been viewed as unfocused, a conclusion that has now and again been maintained by various court rulings. Later in his vocation, Gates sought after various magnanimous attempts, giving a lot of cash to different altruistic associations and logical research programs through the Bill and Melinda Gates Foundation which was set up in 2000.
Warren Buffett
Founder- Berkshire Hathaway Net Worth (2022) – $117.4 Billion
Warren Buffett Income | Salary of Richest People in the World
Warren Buffet is an investor, CEO and the biggest shareholder of Berkshire Hathway, the American multinational aggregate holding organization. The best financial specialist on the planet, Buffett is likewise a business head honcho and an altruist esteemed at $68.2 billion. He is the Buffett, the fourth wealthiest individual on the planet, is frequently alluded to as the Wizard of Omaha or Prophet of Omaha, and is noted for his adherence to esteem contributing and for his own thriftiness in spite of his massive riches.
Larry Ellison
Founder – Oracle Corporation Net Worth (2022) – $104.8 Billion
Larry Ellison Income | Salary of Richest People in the World
Larry Ellison is the prime supporter of Oracle Corporation and was the CEO of the company until September 2014. With a net worth of $43.4 billion, Larry is, as of now, the seventh wealthiest individual on the planet. As of now, he is the official administrator and boss innovation officer of Oracle. Larry Ellison has given up to 1% of his riches to philanthropy and has marked The Giving Pledge. He ranks 8th position in the Forbes list of top 10 richest person in the world.
Carlos Slim is a Mexican business head honcho, financial specialist, and giver who is among the most successful entrepreneurs and one of the wealthiest individual on the planet esteemed at $80.7 billion. Slim is known as the Warren Buffett of Mexico, getting his fortune from his broad possessions in an extensive number of Mexican organizations through his aggregate, Grupo Carso.
Mark Zuckerberg
Founder – Facebook (Meta) Net Worth (2022) – $71.7 Billion
Mark Zuckerberg Income | Salary of Richest People in the World
Mark Zuckerberg, a prime supporter and CEO of Facebook. He is among the richest people on the planet with net worth esteemed at $71.7 billion. American developer, Internet business visionary, he established Facebook from his school apartment in Harvard. The site later extended quickly with one billion users joining in by 2012.
Jim Walton
Founder – Walmart Net Worth (2022) – $66.5 Billion
Jim Walton Income | Salary of Richest People in the World
Jim Walton is the youngest son of Sam Walton, the founder of Walmart – the retail brand. The Waltons are the richest family in America. Walton held a seat on Walmart’s board until 2016 when he yielded the seat to his son Steuart. Jim Walton shares 96% ownership of the family’s Arvest Bank, of which he is the chairman and CEO.
Charles Koch
Founder – Koch Industries Net Worth (2022) – $58 Billion
Charles Koch Income | Salary of Richest People in the World
Charles de GanahlKoch, esteemed at $55.2 billion, is an American businessperson, political benefactor and altruist. Charles Koch is the 12th wealthiest individual on the planet. He is co-proprietor, director of the board, and CEO of Koch Industries, well known additionally for its say in a prevalent American TV demonstrate ‘The Newsroom’. His family possesses 42% of the shares of the aggregate.
Amancio Ortega
Founder- Inditex Fashion group Net Worth (2022) – $55.8 Billion
Amancio ortega Income | Salary of Richest People in the World
Amancio Ortega is the founder and former chairman of Inditex Fashion Group. He is the richest man in Europe and the 2nd richest mai in the world as of July 2019. He cofounded retail chain ‘Zara’ for clothing and accessories with his ex-wife Rosalia Merabest. He owns around 59% of Inditex. Amancio has a net worth of USD 68 Billion.
David Koch & Family
Founder – Koch Industries Net Worth (2019) – $50.5 Billion
David Koch Income | Salary of Richest People in the World
David Koch is the sibling of Charles Koch, was the Executive Vice President of Koch Industries. Esteemed same as his sibling at $55.2 billion, David was the 6th wealthiest individual on the planet. David likewise possessed 42% of the aggregate that the sibling acquired from their dad and afterwards extended. David coch wife Julia Koch & family has net worth of $47.4 billion (2021).
Ingvar Kamprad
Founder – IKEA Net Worth (2018) – $58.7 Billion
Ingvar Kamprad Income | Salary of Richest People in the World
Ingvar Kamprad was the Swedish business financier and originator of the renowned IKEA. The Swedish billionaire died in January 2018. He has positioned the 8th wealthiest individual on the planet at $58.7 billion in 2018. The Swedish retail organization was World’s biggest furniture offering organization in 2008. Kamprad transferred all his assets to his sons Peter Kamprad , Mathias Kamprad and Jonas. All the kamprad brothers are billionaires. Each of them has net worth of $1.3 billion (2021).
FAQs
Who is the richest person in the world 2022?
Elon Musk is the world’s richest person, with an estimated net worth of $229.1 Billion followed by Jeff Bezos, who is worth $171.4 Billion.
How many billionaires are there in the world 2022?
In the 35th annual Forbes list ofthe world’s billionaires, there are 2,755 billionaires.
Who are top richest people in the world?
Top 10 Richest in the world are:
Elon Musk
Jeff Bezos
Bernard Arnault & Family
Bill Gates
Warren Buffett
Larry Ellison
Carlos Slim
Mark Zuckerberg
Jim Walton
Charles Koch
Which Country has the most Billionaires?
Countries with the most Billionaires with ranking:
1. United States 2. China 3. India 4. Germany 5. Russia
Who is the highest paid person in the world?
Tim Cook, the CEO of Apple, is the highest paid employee in the world. He received $265 million in 2020 (base salary of $3 million, stock awards of $250 million, and perks around $1 million).
All the businesses and jobs make for the economy. A major factor that plays a huge role in shaping and influencing the global economy is the cream of people in the world.
This cream constitutes the richest people in the world. Anyone who is able to earn well and live a luxurious life is said to be rich. But there are few who have made a mark of richness in the entire world.
There are certain people who are born rich and work hard to make themselves richer. There are also people who start from scratch and create a place of their own.
The most wealthy persons in the world include Jeff Bezos, Elon Musk, and more. These people occupy a huge place and importance in the whole world.
The factor that determines how rich a person is their net worth. This worth is calculated in terms of monetary values. Higher the net worth, the richer the person is.
What does Net Worth Mean?
In simple economic terms, it is the value of all assets minus all liabilities. It is a difference between what one has and what one owes to others. It is the amount by which the value of a person’s assets exceeds the liabilities.
It is a quantifiable concept. It measures the value of a person, organization, or country. High net worth means good financial strength and a good credit rating of a person or organization. Low net worth means weaker financial strength and lower credit rating.
Most Richest People in The Whole World
The rich are a huge contributor to the global economy. They not only contribute but also are great influencers of the economy and people’s perceptions. Most of these people have used technology for the betterment and enhancement of regular people’s life.
Here are the top five richest people in the world:
Elon Reeve Musk (Elon Musk)
Elon Musk | Richest People in the world
This 50-year-old man, popularly known as the CEO of Tesla Motors, is the richest person in the world. He was born in South Africa and is now an American entrepreneur. He is the co-founder of PayPal (PYPL), Neuralink, and OpenAI.
Elon Musk is the founder, CEO, Chief engineer, and designer of the famous (Space exploration technologies) SpaceX. He is also the founder of the Boring Company. He started his entrepreneurial journey with the startup, Zip2.
Since then, this man has not stopped exploring the field of technology and has made himself the richest in the world. At present, he has a net worth of 24,930 crores USD.
He is an entrepreneur, computer engineer, investor, and commercial astronaut, born in New Mexico in the year 1964. Jeff Bezos is the founder of our beloved Amazon. The name that brought a revolution in the electronic commerce industry.
Jeff Bezos has been the CEO of Amazon from the beginning to the year 2021. Now, he is the executive chairman of Amazon. He also possesses his space company, Blue Origin. He made news all around the world for his trip to space in his company-built rocket.
He enjoyed the first rank in the list for around three years and was put back by Musk last year. He has a current net worth of 18,400 crores USD.
He has a major ownership share in Christian Dior that makes for most of his net worth. Other assets that contribute to his wealth include equity in Hermes, Moelis & Company, and cash.
The French tycoon has gained great popularity and earned a big place on the list. He has a current net worth of 18,960 crores USD.
He is a software developer, businessman, and author. He was born in the year 1955 in Seattle. He is the co-founder of Microsoft. It is the biggest software company in the world.
The company makes personal computers, phones, servers, software development tools, intelligent devices, and more. Bill apart from his business achievements, is a great philanthropist. He has helped a lot in the fight against Ebola, malaria, polio, and covid-19.
Besides his ownership share in Microsoft, his other huge net-worthy asset is Cascade Investment LLC. At present, Bill Gates has a net worth of 13,140 crores USD.
Lawrence Edward Page (Larry Page)
Larry Page | Richest People in the world
A person who has made people’s lives so convenient is Larry Page. He is a computer scientist and internet entrepreneur born in the year 1973 in Michigan, USA. He is popular for being the co-founder of Google.
Google is like a household name for the entire world. Over the years, it has acquired YouTube and Android. Last year it saw a fifty percent rise in its shares.
Larry became a multi-billionaire at the mere age of twenty-seven years. He has a keen interest in space and flying cars. Larry Page has invested in the related companies. Currently, he has a net worth of 11,670 crores USD.
Warren Edward Buffett (Warren Buffett)
Warren Buffett | Richest People in the world
He is a businessman and a keen investor born in Nebraska, the USA in 1930. Warren Buffett is the CEO of Berkshire Hathaway, a company that has its subsidiaries in insurance, energy generation, manufacturing, and many more.
Warren is famous for being a buy-and-hold investor who has made his huge wealth by gaining undervalued companies. Many books, movies, and documentaries have been made inspired by Buffett.
He is one of the best and most renowned investors of all time in the world. His current net worth stands at 11,380 crores USD.
Sergey Mikhaylovich Brin (Sergey Brin)
Sergey Brin | Richest People in the world
He is a computer scientist, businessman, and popular internet entrepreneur. He was born in Moscow, Russia in 1973. Sergey Brin is the man who co-founded Google with Larry.
Brin is no longer the president of Alphabet, the parent company of Google. But he continues to be a controlling shareholder and board member.
He stands two steps down his co-founder in the list with a net worth of 10,700 crores USD.
Lawrence Joseph Ellison (Larry Ellison)
Larry Ellison | Richest People in the world
He is a businessman, entrepreneur, and investor born in New York, the USA in 1944. Larry Ellison is popularly known as the co-founder and former CEO of the renowned software company, Oracle corporations.
The businessman serves as the chairman and Chief Technology Officer at Oracle. The company is the second-largest software company in the world. With time, they acquired many other companies in different fields.
Larry is also an equity holder in Tesla and has a net worth of 10,300 crores USD.
Steve Anthony Ballmer (Steve Ballmer)
He is a businessman and investor born in the year 1956, hailing from Michigan, USA. At present, he owns National Basketball Association’s Los Angeles Clippers. Steve Ballmer is also known to be famous for being the CEO of Microsoft for fourteen years.
He still is the biggest individual shareholder in Microsoft of 4%. He and Gates studied together at Harvard University.
This American businessman has made great progress over the year and has a net worth of 9,260 crores USD.
Mukesh Dhirubhai Ambani (Mukesh Ambani)
Mukesh Ambani | Richest People in the world
He is a popular billionaire businessman in India. He was born in Aden, Yemen in 1957 but was brought up in Mumbai, India. Mukesh Ambani is the Chairman and Managing Director of Reliance Industries, the company with the largest market value in India.
He dropped out of Stanford University to come back to India and work towards the expansion of Reliance. The company has indeed expanded to its great potential especially in retail and telecommunications under his direction.
Mukesh is the only Indian who stands among the top ten richest people in the world with a net worth of 9,160 crores USD.
Why does the Position of These People changes?
The position of these people on the list does not stay intact forever. It keeps on changing. The net worth of these people is not only because of themselves but also has the contribution of regular people.
A large amount of their wealth is in publicly traded stocks. The stock market as we know has its fair share of highs and lows. So, the changes in market valuations, and assets & liabilities lead to changes in the net worth of the richest people in the world.
Elon for example made it to the top because of the massive rise in share prices of Tesla. So, the share market plays a huge role in determining the position that a rich person holds.
Conclusion
The richest cream of people in the world plays a huge role in building the economy. These also act as role models for many people who wish to be like them one day. Their journeys consist of hard work, execution, an eye for opportunities, overcoming obstacles, and a non-give-up attitude.
The above-mentioned are the top 5 richest persons in the world. These men have created revolutions in their fields and made it to where they are today.
FAQs
Who are the top 5 richest people in the world?
The top 5 richest people in the world are:
Elon Musk
Jeff Bezos
Bernard Arnault
Bill Gates
Larry Page
What is the net worth of Elon Musk?
Elon Musk has a net worth of 249 Billion.
What is the net worth of Jeff Bezos?
Jeff Bezos has an estimated net worth of $184 billion.
It all started with two computer geeks who were fascinated by the world of computers. Microsoft Corporation is an American multinational technology company with headquarters in Redmond, Washington.
Microsoft develops, manufactures, licenses, supports, and sells computer software, personal computers, and related services. The best-known software products of Microsoft are the Windows line of Operating Systems, the Microsoft Office suite, and the Internet Explorer.
Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. In 2016, it was the world’s largest software maker by revenue. Microsoft ranked #21 in the Fortune 500 rankings 2020 of the largest United States corporations by total revenue.
In 2018, Microsoft surpassed Apple Inc. as the most valuable publicly traded company in the world after it was dethroned by Apple in 2010. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively.
The mammoth American multinational technology corporation has steered past Apple on October 29, 2021, to become the world’s most valuable company, which is publicly traded. The market cap of Microsoft was recorded at $2.45 trillion, while that of Apple was at $2.41 trillion as of November 1, 2021.
Microsoft is among the largest tech giants, which in 2018 made over $110 billion in revenues. While Microsoft Office remains the most successful product. Other parts of the business are related to advertising, accessible home and business software solutions, secure online storage, and search services. Microsoft business computers also occupy a central part of the current popularity that Microsoft enjoys today. As a dominant tech company, Microsoft tries to keep innovating and acquiring companies that allow it to enter new markets, quickly. If you are looking for Microsoft company information, then you can take a dive into the Evolution of Microsoft and its Business model that StartupTalky brings here in teh article ahead.
January 20, 2022 – Microsoft seals deal with the Telangana government to set up a data center in Hyderabad. The Microsoft data center is estimated to be built with around Rs 15,000 crore worth of funds in an area spanning over 50 acres of land. The Microsoft building is estimated to be creating 300+ jobs.
January 18, 2022 – Microsoft announced that it is acquiring gaming giant Activision, the world’s 3rd largest gaming company. The deal to acquire Activision Blizzard, as announced by Microsoft CEO and Chairman Satya Nadella, would be an all-cash transaction of $68.7 billion. Cleaning up the culture after the biggest tech acquisition in history now seems to be a mammoth task ahead!
October 29, 2021 – With a market cap of $2.45 trillion, Microsoft becomes the world’s most valued publicly-traded company, passing Apple’s market cap of $2.41 trillion.
June 28, 2021 – Microsoft’s code-sharing service GitHub launches GitHub Copilot, which is meant to be an AI-driven pair programming tool that will help coders with invaluable suggestions to complete their codes easily.
June 24, 2021 – Microsoft reveals the much-awaited release of Windows 11 will happen late this year, 2021. The update to this latest version of Windows will be free for the existing Windows 10 users via Windows Update.
History of Microsoft
Before Microsoft was founded, Paul Allen and Bill Gates were just two friends in an age where computers were not a frequent sight. They were avid geeks, which once led them to hack into their school’s computer. Instead of being expelled, the school asked them to help in strengthening the school’s computer performance. Maybe this kindled the spirit in them to one day serve the world with the most preferred Operating System.
After this, both moved separate ways with Gates going to Harvard to pursue law in 1973 and Allen to Boston as a computer programmer. This is where faith stepped in. In January 1975, Allen read an article in Popular Electronics magazine about the Altair 8800 microcomputer and showed it to Gates. Gates called Micro Instrumentation and Telemetry Systems MITS, makers of the Altair, and offered his and Allen’s services to write a version of the new BASIC programming language for the Altair.
After eight weeks, Allen and Gates demonstrated their program to MITS, which agreed to distribute and market the product under the name Altair BASIC. The deal inspired Gates and Allen to form their own software company. Thus, Microsoft was started on April 4,1975 in Albuquerque, New Mexico with Gates as the first CEO.
On July 29, 1975, Gates used the name “Micro-Soft” – which had been suggested by Allen—in a letter to Allen referring to their partnership. The name, a portmanteau of “microcomputer” and “software,” was registered with the New Mexico secretary of state on Nov 26, 1976.
In August 1977, the company opened its first international office, located in Japan, which was called ASCII Microsoft. In 1979, the company moved to Bellevue, Washington, and two years later it was incorporated under the name Microsoft Inc. Gates was President of the company and the Chairman of the Board, and Allen was the Executive Vice President.
As a newly formed company, Microsoft’s first operating system product to be publicly released was a version of Unix called Xenix, released in 1980. Xenix was later used as the basis for Microsoft’s first word processor—Multi-Tool Word—a predecessor to Microsoft Word.
Microsoft’s first operating system – XENIX
Microsoft’s first wildly successful operating system was MS-DOS (Microsoft Disk Operating System), which was written for IBM in 1981. In the deal of the century, Gates licensed MS-DOS to IBM but retained rights to the software. As a result, Gates made a fortune for Microsoft, which had become a major software vendor.
Microsoft Windows
Also in 1983, Microsoft’s crowning achievement was released. The Microsoft Windows operating system had a novel graphical user interface and a multitasking environment for IBM computers. Windows is constantly evolving with Windows 11 recently launched on June 24, 2021, which is deemed to be the successor of 2015 released Windows 10.
In 1986, the company went public, with the resulting rise in stock making an estimated four billionaires and 12,000 millionaires from Microsoft employees. The success meant that Gates became a billionaire at 31.
1989 marked the release of Microsoft Office, a software package that is a collection of programs for use in an office. Still used today, it includes a word processor, spreadsheet, mail program, business presentation software, and more.
Internet Explorer
Following Bill Gates’ internal “Internet Tidal Wave memo” on May 26, 1995, Microsoft stepped into the world of the web. Other than Netscape, Microsoft was the only major and established company that acted fast enough to be a part of the World Wide Web practically from the start.
The other companies acted slow, giving Microsoft a market dominance. The company released Windows 95 on August 24, 1995, featuring pre-emptive multitasking. Windows 95 Plus was bundled with the online service MSN, and Internet Explorer, a Web browser.
Xbox
In 2001, Microsoft introduced its first gaming unit, the Xbox system. Xbox faced stiff competition from Sony’s PlayStation, and eventually, Microsoft discontinued the original Xbox in favor of later versions. In 2005, Microsoft released the Xbox 360 gaming console, which was a success.
Microsoft Evolution
After this, from 2007-2010, Microsoft launched a variety of services and products like Windows Vista, which focused on features and security. Azure Services Platform, the company’s entry into the cloud computing market for Windows, launched on October 27, 2008.
On February 12, 2009, Microsoft announced opening a chain of Microsoft-branded retail stores, and on October 22, 2009, the first retail Microsoft Store opened in Scottsdale, Arizona; the same day Windows 7 was officially released to the public.
Windows 7’s focus was on refining Vista with ease-of-use features and performance enhancements, rather than an extensive reworking of Windows. As the smartphone industry boomed in 2007, Microsoft struggled to keep up with its rivals Apple and Google in providing a modern smartphone operating system.
As a result, in 2010 it came up with Windows Phone OS. The strategy was to work more closely with smartphone manufacturers, such as Nokia. The new user Interface introduced the idea of minimalism.
Microsoft launched Windows 8 on October 26, 2012, an operating system designed to power both personal computers and tablet computers. The Surface was also launched, becoming the first computer in the company’s history to have its hardware made by Microsoft.
In 2015, Microsoft began an advertising campaign centering on Windows 10, “Upgrade Your World” with the tagline “A more human way to do”, emphasizing new features and technologies supported by Windows 10 that sought to provide a more “personal” experience to users.
Other than this products like HoloLens, mixed reality headsets, acquisitions of platforms like LinkedIn, GitHub have made Microsoft a pioneer in the Tech industry.
On Tuesday, June 29, 2021, Microsoft announces the launch of an AI-driven tool that will suggest codes for the world of software developers while they are busy coding. This new system, called GitHub Copilot, is named after GitHub because it draws upon the source code shared on Microsoft’s code-sharing service GitHub. Microsoft and GitHub developed this pair programmer with the help of OpenAi, an AI research startup that was backed up by Microsoft in 2019.
Microsoft’s Major Acquisitions
Microsoft’s Acquisitions
With more than 250 companies under its belt of acquisition, Microsoft is nothing more than a giant, when it comes to acquisition. The latest acquisition of Microsoft came in on January 18, 2022, when it acquired Activision Blizzard, the 3rd largest gaming company, in the world’s largest tech acquisition deal that amounted to $68.7 billion. The all-cash deal that the CEO and Chairman of the American software giant, Satya Nadella announced, is expected to close the deal in FY23. However, Microsoft will face a major challenge in cleaning up the culture of Activision, a company that is facing numerous accusations of sexual harassment and misconduct.
Microsoft’s acquisition till now has largely meant that the acquired company will work autonomously. It has been so with the companies like Linkedin, GitHub, Skype, Mojang, and more, but to handle the situation of Activision, which is currently marred by a lawsuit from California regulators that allege that the company “fostered a sexist culture” along with many other investigative stories that detail the allegations of sexual harassment internally, will require a heavier hand. Here’s a list of the last 10 acquisitions by Microsoft:
Acquiree Name
Acquired Date
Price
Activision Bizzard
January 18, 2022
$68.7 bn
Xandr
December 21, 2021
–
Two Hat Security
October 29, 2021
–
Clear Software
October 22, 2021
–
Ally.io
October 7, 2021
$76 mn
TakeLessons
September 10, 2021
–
Clipchamp
September 7, 2021
–
Peer5
August 10, 2021
–
Suplari
July 28, 2021
–
CloudKnox Security
July 21, 2021
–
Revenue of Microsoft
Microsoft has branched its revenue and is routinely ranked among the world’s top 100 companies organized by revenue. The Company’s revenue is divided into three principal segments:
Productivity and Business Processes
This includes revenue gathered by the sale and licensing of its various software products and cloud services across a range of devices and platforms. This comprises commercial and consumer licensing of Microsoft’s suite of productivity products and cloud services, including those pertaining to the Office 365 suite, content management tool OneDrive, and call services provider Skype.
Comprises all revenue generated by its server products and cloud storage services, including the sale and licensing of Windows Server, Microsoft SQL Server, Visual Studio, System Center and Microsoft Azure services to commercial clients and general consumers. Revenue from the support and consulting services to develop innovative IT solutions for businesses – are also grouped into this segment.
More personal computing
This relates principally to its products and services that provide cross-platform utilities. This includes licensing of Windows operating systems, Microsoft patents, and Windows phones; the sale of Microsoft devices, including mobile phones and PC accessories, products relating to the Microsoft Xbox gaming platform, including Xbox Live subscriptions, transactions, third-party video game royalties, and advertising.
Microsoft revealed that it has earned $168 bn in revenue in FY21, marking an 18% year-on-year increase. Furthermore, the American software company’s CEO and Chairman, Satya Nadella also mentioned that its operating income grew by 32% to $70 billion. Besides, Nadella also mentioned in the Annual Report 2021 that LinkedIn and the security business of Microsoft both crossed the $10 billion mark in annual revenue for the first time.
Microsoft Operating Systems was Microsoft’s first product.
When was Microsoft started?
Microsoft started was started on 4 April 1975, in Albuquerque, New Mexico, United States.
Did Bill Gates start Microsoft in his garage?
In 1975, Bill Gates and Paul Allen founded Microsoft, with just a few resources and an available garage space.
What is the Microsoft company?
Microsoft is a software giant, a multinational technology company founded by Bill Gates and Paul Allen, headquartered in Redmond, Washington, United States.
Who were the original founders of Microsoft?
Paul Allen and Bill Gates are the original founders of Microsoft.
Conclusion
The key takeaway from the above analysis of Microsoft as a company and its revenue models is that it has constantly evolved with the market and user requirements.
It strives to innovate and adapt to market scenarios from time to time. For an instance, when the industry switched to mobiles from PCs, Microsoft didn’t take a step back, instead, it brainstormed to set its foot by merging with Nokia.
Another time when we saw its determination to stay in the stocks was when the company knew that Android is dominating the phone industry, it came up with platforms for cloud computing, explored the less traveled road of mixed reality by supplying HoolLens headsets.
Microsoft also stepped into active advertising, which used catchy themes to attract more people to its core home PC values. It held strong to its belief in the requirements of a normal computer user with simple yet varied expectations. This is what made it stand out from its competitors like Apple and Google.
At the rate at which both of its competitors are succeeding, it must be a task for Microsoft to stay in the race, but surely it hasn’t let the market or the customers get used to its absence.
Nowadays Project Management Software is a necessary technology, that is widely used by many people searching for user-friendly, productive software solutions with dependencies, resource allocation, project management, and recurring tasks. One of the most popular automated workflow systems is Microsoft Power Automate (earlier known as Microsoft Flow) but people are looking for other automated systems that offer more features for lesser costs.
What is Microsoft Flow? The platformis a cloud-based system that allows a user to create automated workflows, simplify various business processes and manage them more effectively.Microsoft Flow now known as Microsoft Power Automate is a new app that is a part of the office 365 suite and allows users or employees to automate business processes by building workflows based on certain triggers and actions.
Once the flow is built into the device, it can be managed on the desktop or even through a mobile app. Microsoft Power Automate can be integrated with various Microsoft services and apps such as Power BI, Dynamics 365, PowerApps, and Office 365.
One of the main reasons employees use Microsoft Power Automateis because of its services like automation for notifications, synchronizing files, alerts, data gathering, and communication that will help them spend less time. Let us take a look at some of the top Microsoft flow alternatives.
One of the main uses of the Microsoft workflow tool is that it automates everything from a simple push-up notification, alerts, data gathering, and important content management. So, for example, an automated workflow can send sales representatives an email or text message with details about the lead. It can also be used to copy files, as when a new file is added to dropbox for business, the workflow can instantly transport the file to SharePoint.
When it comes to Collecting data, for instance, it helps users find out what people are saying about a particular service, product, or brand by capturing new tweet that mentions the product, service, or brand and putting a copy of those tweets in an SNL database. Microsoft flow software bots can also help employees trigger flows within Team’s conversations. Microsoft changed its name from Microsoft flow to Microsoft Power Automate in 2019.
Anyone that has a Microsoft account can use flow, it also comes along with business versions of Office 365 workflow tools and Dynamics 365. Microsoft Flow cost is divided into three pricing plans that come with a certain number of runs and checks.
The Per-user plan: This allows the user to create unlimited flows and allows individual users to analyze their processes.
The Per-user plan with attended RPA: This plan allows individual users to analyze their processes and create unlimited cloud flows, plus automate legacy applications via the RPA and AI. This also includes 5,000 AI Builder service credits per month. This plan costs $40 per month per user.
The Per Flow Plan: Implement cloud flows with reserved capacity for unlimited users across your organization. It also offers its users many exclusive premium features and add ons and is $500 per month for five flows. While additional flows may be purchased for $100 per flow per month.
Unlike flow alternatives, this platform can integrate with the other Microsoft products, software, and apps like Power BI, Dynamics 365, PowerApps and is a Office 365 alternative.
The Microsoft workflow software can also be used with other apps such as Salesforce, SQL Server, Twitter, Box, DocuSign, Slack, Skype, and Google Drive.
Flow offers a wide arrange of prebuilt flows known as templates depending on what the user wants.
Save Gmail attachments to OneDrive or dropbox.
When the Power BI data alert is triggered, the flow will send emails to the audience.
Save tweets with specific hashtags, brand, service, or products names to a SharePoint list.
Get notifications when you receive an email from your employees or boss.
The Microsoft flow chart creator helps you make your own (personalize) flows depending on what action you want, for example, it will manually press a button when the flow is triggered or schedule action based on time or day.
Many of these alternatives come from a wide variety of platforms like Online / Web-based, Windows, Linux, SaaS, and iPhone, etc.
How to use Microsoft flow for basic tasks? The platform has both low code or codeless automation tools and cloud-based apps that can be used by users to connect apps, they can also use drag-and-drop tools, prebuilt connectors, automated office processes, and perform mundane tasks with ease.
Here are the top alternatives to Microsoft Power Automate
IFTTT
IFTTT Website
IFTTT is also known as If This Then That is a popular platform that provides services that allow a user to program response to events in the world. IFTTT is one of the Best Microsoft flows alternatives because it can be used as a web interface or as apps on both iOS and Android. The platform was first founded by Tibbets and Jesse Tan and launched in 2011.
Unlike IFTTT alternatives, this tool uses syntax and conditional statements to automate workflows, not only that it also offers single action workflows. One of the main features of IFTTT is that the user can create automation chains between many of their apps so that certain events trigger other events to occur automatically.
IFTTT was initially free, but in 2020 it switched to a limited freemium model with a subscription-based version known as “IFTTT Pro”, which allows services to use conditional statements and query data for more complex tasks.
Zapier
Zapier Website
Zapier is a well-known company that allows end-users to integrate web applications that they use. Zapier was started by Wade Foster, Bryan Helmig, and Mike Knoop as part of the first Startup Weekend Columbia in 2011. The company is one of the top flow alternatives, which is currently based in Sunnyvale, California, and has over 350 employees in the US and 23 other countries.
Its main features are that it provides workflows to automate the use of web applications together at the business or personal level.People use zapier for Facebook lead ads but don’t allow users to make automate multistep workflows, but also provide its users with third-party apps. Zapier’s open-source alternative has a free option, as well as two levels of monthly paid subscription plans for businesses.
Huginn is another popular Microsoft power-apps alternative to Microsoft flow as it is a web-based scheduling service that runs workers knowns as agents.Huginn was created by Andrew Cantino in 2013 to help users create agents that monitor and act on their behalf.Huginn alternatives like Zapier and IFTTT but is open source and similar to each other.
With Huginn, a user can automate simple tasks such as watching for air travel deals, constantly watching for certain topics on Twitter, or scanning for sensitive data in your code. This Microsoft flow alternative is responsible for performing functions like sending an email or requesting a website and can be scheduled or executed manually. After installing Huginn, the user can extend it by using one of the many available agent gems, or by creating their own.
n8n.io
n8n.io Website
n8n.io is free and powerful automated alternatives that provide an open node-based workflow automation tool that can be self-hosted, easily extended, and used with other internal tools. It can also be used with 3rdparty web applications and custom in-house tools to automate repetitive tasks. The platform is a Microsoft zapier alternative and was founded by Jan Oberhauser in 2019 with its headquarters based in Berlin.
Users of n8n.io can move beyond making simple integrations to build multistep workflows that can be combined with third-party APIs and their own internal tools to create easy-to-use automation. Flow alternatives are the best for small startups to the enterprise as it is available to self-host, and allow you to add your own custom functions, logic, and apps.
Integromat is a top alternative to office 365for windows 10 and is a well-known mobile app/automation tool that allows its users or businesses to automate tasks that are currently done manually. The company was founded by Michal Toman, Ondrej Gazda, Patrik in 2012 and is currently freemium. It provides services such as connecting to any app or service, unlimited checks unlike microflow flow, and over 1500 ready-to-use templates.
Unlike the Microsoft workflow tool, this platform users can track real-time scenario executives to complete visualization of the data, schedule according to their preference, have multiple teams work on the same scenario,work with different kinds of files, etc among the various services. It is also similar to Microsoft flowchart software as it triggers which can return bundles that were newly added or updated and has modules that can split a large bundle into multiple smaller bundles.
Skyvia
Skyvia Website
Skyvia is one of the top flow alternatives and a widely preferred freemium cloud data platform for many people as it has no coding data integration, cloud to cloud backup, management via SQL and even data access through a Data interface. Skyvia was founded in 1997 and has its headquarters in Prague, Czech Republic. This is one of the Microsoft powerapps alternatives that is a quicker and easier solution for many data-related tasks without the requirement of coding, while it is similar to Microsoft flow chart creator.
It’s known for its solutions to Data Integration, cloud data Backup, data management with SQL, CSV import/export, Query, and Connect as it is similar to power bi data-driven alert. Unlike Skyvia alternatives, it does not require locally installed software except for a web browser, however these products come with their own set of pricing and are priced separately.
Automate.io is known to be the world easiest workflow automation and iPaaS platform. The platform helps many small to medium businesses in automating repetitive tasks and workflows by connecting their cloud applications. Automate.io is a leading power automate alternative, founded in 2016 and has its headquarters in San Francisco, California.
Automate.io is one of the best Microsoft Power Automate alternatives as users can send automated emails, run campaigns, automate social and mobile messages, run smart Twitter campaigns, etc. Compared to other automate io alternatives, the platform has over 200 plus connectors for all leading cloud and SaaS apps available. Other features include formatting data, time delay into your workflows, data encryption, etc.
CloudHQ
CloudHQ Website
CloudHQ is an IT company that was founded by Senad Dizdar in 2011 with its headquarters in San Francisco, California. This Microsoft Power Automate alternative offers a huge suite of productivity tools that can also be integrated with Gmail. Its main tools are an email tracker, email templates, and email sharing. One of the few Microsoft powerapps alternatives that come in two options one-way sync to two-way sync.
One way sync replicates from one main cloud service to a secondary account, while two-way sync adds and does revisions in the main account that will eventually be replicated to the secondary account. Just like Microsoft workflow software, the main objective of the company is to synchronize data for companies make it easy for sharing of files and data across multiple platforms, integration between cloud services, project collaboration and backup of data, etc.
Conclusion
Many of these workflow automation platforms usually have similar features like automation for notifications, synchronize files, data synchronization, alerts, data gathering, and communication, etc. And that is exactly what Microsoft Power Automate is known for, but the best apps like flow can be costly and complicated to use.
This is why the alternatives above can be used as they help small businesses get these features at an economical price so they can automate away your tedious and repetitive tasks. Hopefully, these Microsoft Power Automate alternatives helped you find what you were looking for.
Microsoft Power Automate also known as Microsoft Flow is a cloud-based system with which a user can create automated workflows, simplifying the business processes and machining it easier to manage them more effectively.
What are some of the features of Microsoft Power Automate features?
Some of the features of Microsoft flow are that you can integrate it with the other Microsoft products, Save Gmail attachments, save tweets with specific hashtags or names, get notifications, and make your own flows, etc.
How much does Microsoft Power Automate cost?
Microsoft Flow has three pricing plans that come with a certain number of runs and checks. Which is the free version, The mid-tier level, Flow plan 1 costing $5 per month and The business level, Flow Plan 2 which costs $15 per month.
What are the alternatives of Microsoft power Automate?
The Microsoft Power Automate alternatives are CloudHQ, Automate.io, Skyvia, Integromat, n8n.io, Huginn, Zapier and IFTTT.
What replaced Microsoft Flow?
Microsoft rebranded Flow to ‘Power Automate’, but it is the same platform with some advanced tools.
Bangalore, the Silicon Valley of India, has been a hub for entrepreneurs, innovative ventures, and creative-minded people for quite some time now. The growth of the city can be attributed to the increase in the number of innovative early-stage and established businesses. And startup accelerators and incubators play a critical role behind the success of entrepreneurial initiatives. Hence, the fame that Bangalore enjoys would not have been possible without these incubators and accelerators.
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Let us first understand the difference between incubators and accelerators. The terms are used interchangeably, and this should not be the case.
Differences
Incubator
Accelerator
Benefits
Helps entrepreneurs flesh out business idea.
Expediates the growth of existing businesses.
Focus
Business Planning, Prototyping, Customer Discovery, and Product Development
Business Traction, Investment
Timeline
No Specific Timeline
Fixed Duration
Programs
Idea or Product based
Cohort-Based
It is essential to choose the right incubator/accelerator for the growth and development of your venture. To ensure you make the right choice, the team at StartupTalky has curated a list of startup incubators and accelerators in Bangalore.
Difference between Startup Incubators and Accelerators
List of Startup Incubators and Accelerators in Bangalore
Here is a list of top startup incubators and accelerators in bangalore.
Bangalore Alpha Lab (BAL)
Bangalore Alpha Lab (BAL) – Startup Incubators in Bangalore
BAL entails a vibrant community of entrepreneurs and innovative thinkers. A collaborative environment enables its members to interact, inspire, and motivate each other to move forward. Bangalore Alpha Lab offers a co-working area with a pleasant work atmosphere that infuses creativity and productivity. It not only provides an area to work but also offers incubation services to support startups and early-stage ventures in the journey of growth and development. Located near Koramangala, the street of startups and entrepreneurs, BAL acted as a major milestone for various ventures. BAL’s portfolio includes Zoomdeck, Buy Hatke, Sign Easy, and many others.
Bangalore Alpha Lab offers:
Mentorship programs in various fields like technology, marketing, etc.
GINSERV – Startup Incubators and accelerator in Bangalore
Global Incubation Services or GINSERV is a “technology business incubator and accelerator” promoted by JSS Mahavidyapeetha, Mysore (an educational organization) with support from the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), Government of India. Global Incubation Services is the best place for startups to move forward with their initiative using facilities such as auditorium, conference hall, board rooms, and much more. GINSERV has extended a helping hand to Diigkrit, Opendoor Education, Indiamart ventures, and some other entrepreneurial ventures.
The International Institute of Information Technology, Bangalore provides an exceptional collaboration setup among researchers, innovators, and entrepreneurs. Among the Innovation Centre’s initiatives, IMACX stands out and has created various successful ventures with the help of entrepreneurs. It mainly focuses on startups that are developing frontier technologies such as bots, AI, AR, interfaces, and mobile apps. IIIT, Bangalore has invested in EasyM2M, KickStart Cabs, Chipmonk, and NSmiles.
Khosla Lab is incubation centre based in Bangalore which solves large-scale problems that are driven by technology and the zeal of entrepreneurs. Khosla Labs is a startup incubator and innovation lab that develops ideas with a team of entrepreneurs, tests the idea with effective market validation, and then based on the business plan, funds the idea to form a company led by the entrepreneurs from the lab. Khosla Labs focuses on mobile payments, banking, Aadhaar applications, machine learning, data analytics, and retail efficiency.
Khosla Labs offers:
Khosla Venture Seed Fund that finances projects and startups
10000 Startups-NASSCOM – Startup Incubators in Bangalore
NASSCOM aspires to build and nurture the Indian startup ecosystem through various programs. It is one of the most startup incubators from Bangalore. NASSCOM has programs such as Incubate, Virtual Incubate, NIPP (NASSCOM Industry Partnership Program), and Integrate (Global Acceleration). It is associated with esteemed funding partners such as CrunchBase, Nexus, and Indian Angel Network.
NASSCOM has played a pivotal role in the success of Asksid, Headway.ai, Big trade, Bombay Play, and many more.
With exceptional support from corporates, institutional partners, and government agencies, NSRCEL supports successful and emerging entrepreneurs of the Indian startup ecosystem. Since its inception in 2002, NSRCEL has created an irreversible impact on the growth of various early-stage and mid-stage startups.
To date, it has incubated over 250 ventures. Located at one of the most reputed and scenic educational institutions of the country, i.e., IIM Bangalore, NSRCEL has brought together entrepreneurs, academicians, investors, and industry experts. NSRCEL’s portfolio includes Edukul, Climber, and Airim.
Srijan Capital, an incubator in Bangalore, focuses on early-stage ventures/startups that require angel or seed funding in India. Srijan Capital believes its strength to be in the field of digital marketing and product development. Any incubation undertaken by Srijan Capital is made under the personal capacity of its founder Ravi Trivedi, who values product, customer acquisition, and capital.
The incubator focuses on SaaS, consumer interest startups, and tech startups. Its portfolio includes Tookitaki, Explara, PushEngage, Collate Box, and more.
Being a design company, Tata ELXSI is primarily engaged in creativity, technology, and engineering for various sectors like defense, media, healthcare, etc. With an extended initiative of incubation, it tends to recreate and redefine technology startups in India. Tata ELXSI’s areas of interest comprise internet, cloud computing, social, and local applications. It acts as a platform for aspiring and entrepreneurs to conceptualize innovative ideas into something productive and viable.
The company’s portfolio includes Big V Telecom, Sismatik Solutions, and Street Smart Mobile Technologies.
T-Hub
T-Hub – Startup Incubators in Bangalore
By fostering a culture of innovation, T-Hub empowers startups to build at a rapid pace, create a strong network of stakeholders, and accelerate innovation. T-Hub’s vision is to stand upright in enabling and empowering the ecosystem in need of innovation. It does so by partnering with various corporate partners, government agencies, and institutions.
By building a vast network of investors, T-Hub aids entrepreneurs by giving them access to funding and other essentials. With major focus on tech-based startups, it aims to provide better technology and talent to the ecosystem.
Bangalore, a thriving market of entrepreneurial activity, is home to several co-working spaces owned by 91SpringBoard. These spaces are designed as fully furnished shared office space, where you can connect with people from varied backgrounds and experiences. 91 SpringBoard also conducts various other social events. It not only provides coworking spaces but also assists with HR, design and accounting services, legal advice, digital marketing advice, etc.
91 SpringBoard is know for:
Pan India Network access to find opportunities for ventures
Scope for product demonstration
Exclusive services from business partners
Kstart Capital
Kstart – Startup Incubators in Bangalore
An initiative by Kalaari Capital, Kstart Capital focuses on the growth and development of the ventures. It organizes various events related to technical, entrepreneurial, and marketing requirements while providing one the opportunity to showcase skills and product/service. Kstart Capital’s philosophy on investments stands on four pillars: the quality of the team, potentiality in idea, market opportunity, and validation.
Square Off, Vernacular ai, Stanplus, Deftouch, Signzy are some startups in Kstart’s portfolio.
Kstart Capital offers:
Integrated platform for startup access
Expert guidance
Re-spacing
Centralizaed resources
Startup Village
startup Village – Startup Incubators in Bangalore
Startup village not only provides support to startups and early-stage ventures but also enables them to turn their business ideas into reality. Startup Village frequently organizes programs for entrepreneurs and interested individuals. It allows one to learn from experienced mentors and industrial experts.
Startup Village has helped Cure House, curis, RentMe, and Virtual deck.
Startup Village offers:
Investors connect
Mentorship
Student scholarships
Excubator
Excubator – Startup Incubators in Bangalore
Excubator aids potential startups to scale up and build a network with investors, industry experts, customers, influencers, and other entrepreneurs. Since 2013, it has enabled several startups to transform their ideas into feasible business models.
Excubator’s portfolio includes Jigsaw Academy, Hipship, Urbanpiper, InfraEyes, and several others.
Excubator is known for providing:
Connect with investors and mentors
Academic framework
Categorized amenities
Angel Prime
Angel Prime – Startup Incubators in Bangalore
Being an early-stage venture fund, Angel Prime provides capital to startups and also mentors them to transform them into stable and innovative businesses. Angel Prime believe in backing up star teams with innovative and differential ideas. It typically invests in 4-5 companies in a year. The partners at Angel Prime support entrepreneurs for at least 12-18 months in their journey.
Angel Prime’s portfolio consists of around 25 startups from sectors such as fintech, SaaS, consumer, healthcare, and B2B. Some of the companies assisted by Angel Prime are Moneytap, MyGate, Perpule, Affordplan, and Kredx.
Angel Prime’s main services include:
Funding
Mentoring
Post-investment support
National Design Business Incubator (NDBI)
NDBI – Startup Incubators in Bangalore
With support fromthe Department of Science & Technology, Government of India, NDBI was set up within the premises of the National Institute of Design. Right from receiving the applications for incubation and their selection as incubatees, to the formation of enterprise with periodic assessments, NDBI provides wide-ranging assistance and mentorship.
Some of its incubatees are Alabaster, Urban Naps, Oroda Lab, Bee Basket enterprises, Inkoolu Design, Germanium Instruments, and Sarausi Lifestyle.
One of India’s leading startup accelerators, Kyron Global Accelerator concentrates on seed funding of startups in addition to mentoring and guidance. The sectors of interest for this accelerator are mobile, social platforms, cloud-based products in the area of travel, education, healthcare, media, financial services, and retail industry. With a wide network of investors, corporate individuals, and industry experts, Kyron is known to wield immense influence.
Cubito, Xpense Manager, Viamagus, Eywa Media Innovations, and Adwyze are some companies assisted by Kyron.
Kyron Global Accelerator offers the following services:
Access to a network of investors and experts
Mentoring and support
Various accelerator programs
Participation in industry-related events
Seed funding
Microsoft for Startups
Microsoft for Startups – Startup accelerator in Bangalore
Microsoft for Startups hosts various accelerator programs that help startups to scale up their operations. With access to a global investor and mentor network, Microsoft for Startups aims to speed up the process of conversion of idea to execution.
Its portfolio includes Explara, Cloud Cherry, and AdPushup many other high-potential initiatives.
The advantages of partnering with Microsoft for Startups are:
Access to the global network of investors and mentors
Sales, marketing, and technical support
Microsoft Quantum network
Qualified startups can get access to Microsoft’s top engineers to work on autonomous driving solutions
Atal Incubation Centre – Startup Incubators in Bangalore
With a motto to create a sustainable startup environment and promote innovation, AIC is supported by NITI Aayog, Government of India. The Atal Incubation Centre at the Jyothi Institute of Technology Foundation (AIC – JITF) focuses on the field of scientific entrepreneurship that enables aspiring entrepreneurs and early-stage ventures to build their business effectively. The thrust areas are materials, food tech, and devices & Sensors.
AIC offers the following services:
Workshops and mentoring
Access to investors and industry experts
Lab facilities
Funding support
Business support services
Collaboration with eminent professionals like VCs, bankers, etc.
Cisco LaunchPad
Cisco LaunchPad – Startup Incubators in Bangalore
The aim of Cisco LaunchPad is to create a conducive environment for startups wherein they can learn, develop, grow, network, and get inspired at every stage of their journey.
Appknox, Asquared IoT, Atoll solutions, Exabit Systems, Minion Labs, Mishi Pay, and Uncanny Vision are some ventures supported by Cisco LaunchPad.
Cisco LaunchPad offers the following services:
Business and tech mentorship
Access to customers, investors, and partners
Coworking space
Tech-based support
Axilor Accelerator
Axilor Accelerator programs – Startup accelerator in Bangalore
Axilor Accelerator programs are developed to cater to the needs of early-stage ventures. In addition to the program, the chosen startups get some upfront funding to run through their experiments. The provide funding for tech-based startups. The areas of prime interest include consumer tech, fintech, deeptech, enterprise tech, and healthtech.
Canopi India, TimePay, AssetFit, Dice Toy Labs, Feedbayk, AgroTribe, Inroadz are some startups under Axilor.
Axilor Technology Fund offers the following services:
Seed funding
Angel funding
IDEX Accelerator
IDEX Accelerator – Startup accelerator in Bangalore
IDEX Accelerator aids enthusiastic social entrepreneurs who support and advance the work of socially-focused enterprises. The six-month accelerator program provided by IDEX is primarily structured with the viewpoint of socially wise individuals who address societal problems.
IDEX mainly concentrates on aspiring social entrepreneurs who are not inclined towards being an entrepreneur but rather prefer to work with existing social business. Manju Menon and Shantanu Paul are some prominent alumni of IDEX Accelerator.
The accelerator offers:
One-on-one mentoring sessions
Specialized training workshops
Access to a network of industry experts
Investment and scholarship opportunities
Conclusion
Though incubators and accelerators work differently, they both focus on startup establishment and nurturing. Keeping in mind the dynamism prevailing in the Indian startup ecosystem, many institutes/firms provide both incubation and acceleration facilities for companies with personalized and flexible options.
This was our list of incubators and accelerators in Bangalore. If you are one among them and want to get featured in this list, contact us on shubham@startuptalky.com.
FAQs
What are the accelerators & incubators in India?
India’s top 10 most prominent startup accelerators and incubators are:
500 Startups
TLabs
Cisco Launchpad
Amity Innovation Incubator
GSF Accelerator
Microsoft Accelerator
Indian Angel Network
iCreate
CIIE IIMA
Google Launchpad
What are incubators for startups?
The startup incubator helps entrepreneurs to grow their business. Startup incubators are usually non-profit organizations, which are usually run by both public and private entities.
How do incubators help startups?
Incubators help entrepreneurs solve some of the problems commonly associated with running a startup by providing workspace, seed funding, mentoring, and training.
What do startup accelerators do?
Startup accelerators support startups through education, mentorship, and financing.
In the current day and age, most employees find it difficult to balance their work and wellbeing. This is why many companies are providing their employees with incentives and even coming up with unique wellness programs to keep their employees healthy. While wellness programs might not be a new thing, they have grown over the past years as the top MNC companies are coming up with unique programs that can benefit their employees.
According to the Health benefit survey done by the Kaiser Family Foundation in 2020, the average amount that is contributed by covered workers for health insurance in 2020 were $1,243 for single coverage and $5,588 for family coverage. Whereas there are some companies that provide their employees 100% of the health insurance costs, which will help employees save up a lot of money, stay productive and remain loyal to the company.
Despite the incentives, companies are now also coming up with programs to promote health, happiness and productivity by unique program ideas that are engaging, fun and promotes holistic approaches to wellness. Only 44% of the big companies are said to offer their employees incentives to participate or complete such a program. In a survey done by LinkedIn in 2018, 49% of employees prefer health-based incentives and wellness benefits over other perks.
Another study found that these benefits and incentives are responsible for over 75% of career decisions. The main goal of providing incentives and wellness programs to employees is that it will help employees adopt and maintain healthy behaviours. This is the list of companies that provide their employees with amazing health-based incentives and wellness programs.
On 29th August, Nithin Kamath the founder and CEO of Zerodha one of the top financial service companies in India announced that the company will be giving its employees one month of salary as a bonus and a lucky draw of Rs. 10 lakhs for staying fit. This was done because of how the recent work from home culture has had a negative impact on the employee’s mental and physical health during the Covid 1 Pandemic.
Covid 19 has had a major impact on work-life balance, this is why Nithin Kamath of Zerodha stepped up and made efforts to promote a healthy lifestyle. The aim of providing this incentive was to promote a healthy lifestyle and guide the company employees in the right direction. Nithin Kamath went on to Twitter to inform his employees to set a 12-month goal to get healthy and share their progress on the monthly basis.
On our internal forum(@discourse), we asked everyone to set a 12-month get-healthy goal & update the progress every month, to create accountability. To increase participation, we said everyone who reaches the goal will get a 1-month salary as bonus & 1 lucky draw for Rs 10lks 2/3
According to Nithin Kamath “Post the first lockdown, like everywhere, our team at Zerodha as a whole was probably the unhealthiest ever, due to the lack of physical activity, work-life imbalance, bad diet, & more. We thought of a way to nudge the team to get healthy and the results are phenomenal,” he quipped Nithin also added that, “The transformation stories are super inspiring & pushing others to take action as well.”
The tweets of Nithin Kamath went viral and the comment section was filled with netizens who appreciated the initiative. This inspired many on the social media platform and encouraged many other companies to take up innovative initiatives to help their employees stay fit. This proves how health can play a major role in improving the professional performance of employees. And because of this positive feedback, Nithin also went on to make this initiative a permanent affair and named it the ‘get healthy’ program.
Other companies that provide employees health-based incentives
Google
Google is already well known for its workplace wellness, as the company offers various incentives and programs such as on-site healthcare services, access to gyms and fitness centres, classes and community bikes. The healthcare services on the site can include physicians, chiropractors, including physical therapy, massage parlours etc. The Google employees can also take up classes for cooking, coding, guitar among the cool options.
The google campuses are popular as they have nap rooms, ping pong tables, cafes that offer colour-coded healthy meals and snacks. It also has good financial wellness resources such as financial advisors and even financial planning services that help employees in any way. Google has set a new standard with the office experience and health-based incentives that many companies are struggling to compete with.
Employees health benefits and perks
Accenture
Accenture’s is one of those companies that care about both the minds and bodies of their employees. The company offers its employees assistance programs for mental health problems like stress, substance abuse, depression and anxiety. When it comes to physical health Accenture provides its employees support with their choice of the medical sector like dental or vision coverage. The Accenture employees get specials incentives, offers and discounts for gyms and other fitness centres.
Besides that, it also gives its employees access to telemedicine, free second opinion services and programs for weight loss. These programs have an app for tracking fitness, nutrition and provides cash rewards based on its report. Accenture also has telemedicine services where an employee can ask physician’s health-related questions 24/7. Their unique wellness programs help their employees set health goals through their apps and even review rewards for completing those health activities.
Microsoft is known for the world-class benefits such as competitive pay, bonuses and stock awards based on their employee’s performance. The company is also one of the best when it comes to provides health-based incentives and wellness programs. Microsoft offers its employees resources for smoking cessation, weight management and even fitness training. The company provides its employees with over $1,200 annually for wellness-related expenses that can be used for staying fit physically.
This can also be used for gym memberships or even fitness classes and services like meditation programs, massage, weight-loss program fees, caregiver support, financial advising, and debt management. Microsoft offices have free on-site flu shots, mammograms, biometric screenings, and more. The office campuses have fun alternatives such as Zumba classes, running tracks, and courts for basketball, volleyball, baseball, etc. The Microsoft CARES services is an employee assistance program that offers free personal and family counselling and refers you to child cares.
Asana
Asana is a project management software company with headquarters based in San Francisco, California. The company is widely popular for wellness programs as Nap rooms where employees can rest, recharge and de-stress by sleeping and even get paid for it. The company values their employees so much that they provide them with unlimited PTO so they can maintain a healthy work-life balance.
The company also offers its employees incentives for yoga programs as well as free gym memberships. Besides that, the Asana campuses offer their employees three healthy and nutritious meals with ingredients purchased from organic farms. Asana also promotes living an active lifestyle, offers mentor programs and even immunity workshops before flu season.
Netflix has many unique incentives and health benefits for its employees. The company is known to offer its employees over $16,000 every year to cover their medical, dental and vision benefits. If the employee’s don’t use this allowance they get back over $5,000 back at the end of the year. Netflix also provides its employees with unlimited paid time off, providing to tell them how your workload will be handled while you’re away.
The company has a flexible and free mentality when it comes to their health care options as the employees can choose how to allocate the funds to each type of benefit. The Netflix model has two factors which are diverse providers and yearly allowance. They offer 100% coverage for certain preventive care at in-network providers.
Airbnb
Airbnb is also among the top companies that provide good incentives to keep their employees healthy. The company provides insurance to cover the health, dental and vision that can help employees save over $1,243 annually. Airbnb is also known to provide contributions towards dependent care.
Unique benefits of Airbnb are providing its male employees with over ten weeks of paternity leave, while the female employees get long maternity leave for healthy bonding after a birth or adoption. Another benefit of working at Airbnb is that if you like volunteering, then the company will offer you paid volunteering time to do what you love and maintain a healthy work-life balance.
Deloitte
Deloitte also has one of the best healthcare benefits and incentives as it allows its employees a month of unpaid leave for any reason and up to six months of partial paid leave in order to help them pursue their personal opportunities. Besides that, the company also offers a 50% payment for social cryopreservation and up to a maximum lifetime benefit of $20,000.
Another unique incentive that Deloitte is that it offers over $50,000 for adoption and surrogacy expenses. It has other healthcare options to meet the needs of its employees, family and their children of up to 26 years of age. Deloitte offers programs, a 24/7 online health portal and professional help for marital counselling, child care, anxiety, and even for conflicts at the workplace.
Especially in times of the Covid 19 Pandemic, it is important to provide employees with incentives and wellness programs are important as they will boost productivity and result in the reduction in absenteeism. Another advantage of providing employees with incentives and wellness programs is that it will bring about a competitive advantage in hiring good candidates and will help in the company’s retention strategy. This is why companies must start offering their employees health care benefits and incentives.
Frequently Asked Questions
What are the companies that have the best healthcare based incentives?
The companies that have the best healthcare based incentives are Deloitte, Google, Microsoft, Airbnb, Netflix, Asana, and Accenture.
What are the basic healthcare incentives that big companies offer?
The basic healthcare incentives that big companies offer on-site healthcare services, access to gyms and fitness centres, and insurance to cover the health, dental and vision.
What are the top health incentives?
The top health incentives are
offering cash-incentive payments and gift cards.
reimbursing workers for gym memberships.
providing free health coaching.
What are health insurance incentives?
These incentives can include cash payments or discounts on insurance premiums.
Mukund Mohan is a 48 year old Indian American Tech Executive and Investor that has been sentenced for perpetuating a scheme to fraudulently obtaining more than $1.8 million worth of Covid 19 disaster relief loans. Mukund Mohan was sentenced to a two-year prison on 25th August by the Western District of Washington. Mukund Mohan is a former Amazon, Microsoft Ventures executive and well-known curator at Vangal.
Before getting caught, Mukund Mohan was a well-known angel investor who was based in Clyde Hill of Washington state. Mukund Mohan completed his education in Computer Science at Mysore University, India and then rose to become the Director of Engineering at Microsoft in America. After that Mohan became an entrepreneur in Bengaluru and also claimed to be the founder of over five companies.
How Mukund Mohan claimed the Covid 19 Relief Funds
To cover up the fraud, the infamous investor was known to have submitted fake and altered documents, which also included fake federal tax filing and incorporation documents with altered information. Mohan initially wanted over $5.5 million through eight fraudulent disaster loan applications and in order to claim these benefits, the fake documents included tax filling of six companies are Zuput, GitGrow, Vangal, Expect Success, Mahenjo Inc and Zigantic LLC.
Only five out of the eight fraudulent loan applications were approved, bringing the total up to $1.8 million. According to sources, the funds were taken in order to help small startups retain their workers during the difficult time of the Covid 19 Pandemic where small startups would not have a steady capital flow. Mohan was arrested in the month of July 2020, for forging fake and altered documents in order to acquire over $5.5 million from Covid relief funds.
Mukund Mohan giving a speech
Based on the complaints, one particular company he applied loans for with misleading statements and false documents was Mohenjo. This company was purchased by Mohan in May 2020, which at the time did not have any employees or business activities. But according to Mohan’s fake documents the company was said to be in operation from the year 2019 and had employees for whom the company paid millions of dollars for employers salaries and payroll taxes.
Mukund Mohan went on to plead on his blog on 14th August 2020 saying that,
“I hurt people who trusted me, believed in me, and now are beside themselves. Unfortunately, I cannot talk about the details given the legal circumstances, but I truly apologise… I own my mistake, and now I have to course correct. Seeking help is what I am doing. I think the road ahead, though, will be very long,” Mukund Mohan.
Mukund Mohan is now accused of perpetuating a scheme to obtain Covid-19 disaster relief loans guaranteed by the Small Business Administration through the Economic Injury Disaster Loan and Paycheck Protection Program which are under the Coronavirus Aid, Relief and Economic Security (CARES) Act.
According to the press release of the United States Department of Justice, the techie has now been ordered to pay a fine of $100,000 and $1,786,357 in restitution. Mohan is now pleading guilty to wire fraud and money laundering with regard to his scheme of obtaining over $5.5 million under the Coronavirus Aid, Relief and Economic Security (CARES) Act.
Mukund Mohan’s past claims for fame
This was not the first time Mukund Mohan has been involved with fraud cases, malpractices and fraudulent claims. From 2008 to 2012, Mohan had also made false claims of being a co-founder of over five startups, investing in 11 companies personally and three other companies through Napkin Stage (an investment firm).
Out of the five startups that were said to be found by him, four startups excluding BuzzGain failed as they didn’t raise any funds. Whereas out of the three other companies said to be funded via Napkin Stage, ChargeBee and SignEasy clarified by saying that Napkin Stage was only an advisor and did not fund them.
The emergence of Microsoft upgraded the technical vision of human society. It helps to take a huge jump in the generation of computer and software technology. From the year it came into existence, 1974, to 2021 it grew more than 30times.
The revolutionary changes that Microsoft brought to this world, make it the world’s biggest software company. There is a significant reason behind this huge success of Microsoft. They understand the needs of a user and provide something more.
In the year 1975, Bill Gates and Paul Allen designed the first logo of Microsoft. But the company didn’t stick to that logo.
After that Microsoft changed its logo four more times. In 1980, 1982, 1987, and 2012, Microsoft came up with its logo for the 2nd, 3rd, 4th, and 5th time respectively.
Microsoft interesting Facts
Microsoft – First Smart Watch
In the total periods of its existence, Microsoft proved that it is always ahead of time. The company launched some products which were supposed to come after 10 years.
This is the case with the first smart watch. Microsoft launched the first smart watch. Although it was not that popular at that time, the company succeeded in making something more futuristic.
Microsoft – From Micro-Soft to Microsoft
The company title of Microsoft was initially having a hyphen. The main goal is to create software for microprocessors. Which leads to coining it as Micro-Soft. This is what was collectively decided by the founder Bill Gates and the co-founder Paul Allen.
The world’s 2nd largest search engine, YouTube was first offered to Microsoft. In the beginning, it was worth $ 500 million when it was offered to Microsoft. But later Google paid double the amount to own YouTube.
Microsoft – Mike Rowe Domain Registeration
This is the incident of 2004 of a 17 years old boy named Mike Rowe. He registered the domain MikeRoweSoft.com, which caused a big controversy. Rowe was threatened by Microsoft to take down the domain name. The cheap deal offered by the boy brought down the image of the company. When the story went viral, the boy was paid back for the domain and hosting. He also got the chance to visit the headquarters and a lot more things were offered to him.
Microsoft – Saved Apple in 1997
The American multinational company Apple was once about to go bankrupt. Many things went wrong. The company fired Steve Jobs. The less strategic steps of the company lead them to a great loss.
The founder of Microsoft Bill Gates invested around $150 million to bring the company on track, even better than it’s the previous graphs. Steve Jobs was also back in the company to re-join his position.
Microsoft – Plenty of Patents
The world’s biggest software company has some interesting portfolio reports for their gigantic amount of patents. The company owns around 59000 patents of US and international. And more than thousands of patents are still pending. They are also registering thousands of patents every year.
Microsoft – First Hardware
Today, Microsoft is also known for some best quality hardware. But do you have any idea about the first-ever hardware Microsoft came up with?
It’s a mouse. A simple mouse, which is used in PCs. Although it was an early prototype and had less use at that time. Later its use became crucial due to its accessibility.
Microsoft – Invented the First Tablet Computer
When we think about a tablet computer the first name that comes to our mind is Apple. The fact is not because Apple invented it, but the reason is its popularity.
The real inventor of the tablet computer was Microsoft. Although,so many companies tried their hand over tablet PCs. But after Apple in the year 2010, it flooded the market.
Microsoft – Bill Gates at the age of 31
Bill Gates started the company when he was 19 years old. Following that in the year 1987 at the age of 31, he became the youngest billionaire in the world. 12 years of dedication and hard work of Bill Gates took Microsoft to a great height. And crowned Bill with this title.
Microsoft – Solitaire Game on PCs
Anyone who has little experience with PCs must have seen the card game Solitaire. It has a very innovative intention behind putting that particular game. If you ever played that game you might know how to play it.
You need to drag and drop the perfect match of cards. The purpose behind the game is to teach people ‘ how to drag and drop’.
As a result of Microsoft’s introduction of digital solitaire, today it is one of the most popular classic games with millions of monthly players. The game is also not solely available on Microsoft, but you can play it elsewhere on sites like Solitaired.
We all know that Microsoft also has a search engine named Bing. It is a very interesting prediction given by it.
The search engine gave the exact prediction that the 2014 world cup would be between Germany Vs Argentina.
Microsoft – The Bob Domain Incident
It was the case when Robert Kerstein registered the domain name ‘Windows2000.com’ in 1996. But then in 1998 Microsoft announced the company’s next operating system Windows2000 without checking the trademark or ownership.
But Microsoft had the ownership of the domain name bob.com. Finally, they decided to exchange the domain name.
Microsoft – Acquisition of Companies
Microsoft is itselfa huge company. Apart from this it also acquired a remarkable 225+ companies till now. The company has more than 100 companies that are based in the US. In the year 2014, the company purchased one of the biggest invested companies called Nokia worth around $8 billion.
Conclusion
Being a reputed company, Microsoft knows the tactics to be at the top. Putting its hand in different sectors like software, hardware, search engine, and gaming they always know the balance between all.
It’s always a revolutionary story about how two college friends build the world’s biggest software company. Although thousands of myths, criticism, and failure they faced. But ultimately what matters is how you ended. The big-name Microsoft always becomes the source of inspiration for small house companies.
FAQs
What was Microsoft earlier known as?
Microsoft was earlier known as Micro-Soft.
When was Microsoft launched?
Microsoft was launched on 4th April 1974.
What is the first hardware of Microsoft?
It is the simple mouse used in the PC.
How many companies Microsoft own?
Microsoft owned more than 225 companies till now.
What was the First version of Microsoft Windows?
First version of Microsoft Windows was named Windows 1.0. It was a 16-bit system.
Ashwini
