Tag: 📄Company Profiles

NDTV Success Story: The Journey of Becoming an India’s Number One Media Company

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

Have you ever been so affected by watching a piece of particular news on the television, or for that matter, an advertisement that made you feel a certain way? Indeed, the media industry is powerful enough to influence you with its content.

Thanks to the invention of newspapers, cinemas, radios, television, etc, we can live a life that is not just about going to offices and working. These are the crucial part that makes the mass media industry so interesting.

Media, without question, enhances the personality of society. These days, a media career is considered to be the best career option out of many. Due to this, the mass media industry is gaining a lot of popularity over these years.

We are pretty sure you must have come across this news channel, NDTV, which stands for New Delhi Television Ltd. The news channel was founded by the journalist couple – Prannoy Lal Roy and Radhika Roy in 1984.

It is an Indian news media business specializing in broadcast and internet news distribution. The company is also making headlines that it will be acquired by the Adani group, run by India’s richest man Gautam Adani.

In this article, we present you the success story of NDTV. Discover all the information about how NDTV was started by the duo in 1984, its brief startup story, its channels and subsidiaries, the challenges and controversies faced, mergers and acquisitions, and more.

NDTV – Company Highlights

Company Name	New Delhi Television Ltd
Founder	Prannoy Roy, Radhika Roy
Founded	1984
Headquarters	New Delhi, India
Sector	Mass Media
Type	Public
Revenue	$45 million (2021)
Number of Employees	464 (2021)
Website	www.ndtv.com

NDTV – About and How Does It Work?
NDTV – Industry Details
NDTV – Founders and Team
NDTV – Startup Story
NDTV – Mission and Vision
NDTV – Name, Tagline, Logo
NDTV – Business Model
NDTV – Revenue Model
NDTV – Challenges/ Controversies Faced
NDTV – Investments
NDTV – Shareholders
NDTV – Online and Social Media Presence
NDTV – Awards and Achievements
NDTV – Competitors
NDTV – Future Plans

NDTV – About and How Does It Work?

Founded in 1984 by Prannoy Roy and Radhika Roy, New Delhi Television Ltd., or in short NDTV, is an Indian news media organization that concentrates on broadcast and internet news publishing. The new channel has been maintaining its legacy for 38 years.

It is now India’s most viewed, reliable, and recognized news network, as well as a pioneer in Internet content. The reason is that it independently started news broadcasting in India, and is credited with founding the country’s first 24×7 news channel and lifestyle channel.

NDTV is now predominantly an internet corporation, with its flagship website – www.ndtv.com, ranking first in India for general news.

NDTV has channels like NDTV 24×7 (In English), NDTV India (In Hindi), and India’s first 2-in-1 channel NDTV Profit for Business, and NDTV Prime for entertainment and infotainment-related updates. The company continues to set the bar in journalism with its creative content and unwavering integrity through these channels.

Its channel NDTV 24×7 was created in 1998 in collaboration with Star India. Along with this, 24×7 is India’s sole English News Channel that is broadcast in the United Kingdom, Canada, the United States, Australia, the Middle East, South Africa, New Zealand, Mauritius, and the majority of SAARC countries to reach out to the Indian Diaspora.

The company has expanded its brand portfolio throughout these years in order to capitalize on different opportunities. Subsidiaries like NDTV converge the resources between television, Internet, and mobile. On the other hand, NDTV Worldwide provides high-end consultancy to the local news channels in order to establish them in the worldwide markets.

NDTV – Industry Details

In India, media plays an important role and is making a significant impact on the economy. As per reports, the global media industry’s worth is expected to reach around $2.93 trillion by the end of 2026.

NDTV – Founders and Team

NDTV was founded by husband and wife duo, Prannoy Roy and Radhika Roy in 1984.

Prannoy Roy

Prannoy Roy is known as an Indian economist, journalist, CA, and author, and is also credited for pioneering continuous contributions to the field of news and journalism. On October 15, 1949, in Calcutta, West Bengal Pannoy Roy was born. He was the son of P. L. Hurricane Roy, who worked as an executive at an MNC in Calcutta.

The grandfather of Prannoy Roy, Paresh Lal Roy was an amateur boxer and a traffic superintendent. He was popular as the “Father of Indian Boxing” majorly for popularising the sport across the nation.

Prannoy Roy is a graduate of the Queen Mary University of London. Prannoy Roy became a Chartered Accountant in 1975. He was also reported to become a fellow at the Institute of Chartered Accountants in England and Wales. After which, he completed his studies in India at the Delhi School of Economics, where he earned a Ph.D. in agricultural economics in 1978.

Before co-founding NDTV along with his wife, Prannoy Roy worked as a consultant at PwC till 1983. He had also worked as an associate professor at his alma mater, the Delhi School of Economics. His career as a journalist began by covering the general election for DoordarshanPrannoy Roy, in collaboration with psephologist Dorab Sopariwala, wrote The Verdict: Decoding India’s Elections in 2019.

Prannoy Roy was also recorded to receive the fellowship from Leverhulme Trust (UK) along with the Queen Mary prize for his BSc result and an OPOS scholarship at the Doon School in order to attend Haileybury College. In 2015, he received the Mumbai Press Club’s Red Ink award for lifetime achievement for his endless contributions to news television and journalism. Presently, Prannoy Roy is the executive co-chairperson of NDTV.

Radhika Roy

Radhika Roy was born on May 7, 1949, in Calcutta, West Bengal. She is also a degree holder in English literature from the University of Delhi (Miranda House). She also holds a post-graduate degree in the field of broadcast journalism from the New School for Social Research, New York, United States.

Apart from that, she has also done a course in the field of television production from the New York University Tisch School of Arts. Presently, Radhika Roy serves as the executive co-chairperson of NDTV. Prior to NDTV, she used to work at the editorial desk of The Indian Express. In addition, she has also worked as a news coordinator for India Today magazine.

Radhika Roy as a person is considered to be quiet and well-liked by her employees. She holds many achievements. Radhika was named one of 50 key women personalities in the history of television and radio transmission by the Paley Center for Media, a museum dedicated to broadcasting history.

She was also included in Fortune India’s list of the 50 most powerful women in the Indian industry. The total stake owned by Radhika is about 16.32%. Along with her husband, Radhika controls an extra 29.18% share through a 50:50 holding entity named RRPR Holding Pvt Ltd.

Ravish Kumar

Ravish Kumar is Senior Executive Editor of NDTV India. Ravish has anchored many shows including the names Prime Time, Hum Log, Des ko Baat, etc. He is also a degree holder from Delhi University affiliated college Deshbandhu. Later, he enrolled in the Indian Institute of Mass Communication’s post-graduate diploma program in Hindi journalism.

He is also awarded Ramnath Goenka Excellence under the category of Journalism Award two consecutive times in the year 2019. He also succeeded in becoming the fifth Indian journalist to receive the Ramon Magsaysay Award. The Indian Express named him one of the 100 most important Indians in 2016, while the Mumbai Press Club honored him journalist of the year.

Ravish Kumar is also a great author with his work including the titles like The Free Voice: On Democracy, Ishq Mein Shahr Hona (in Hindi), A City Happens In Love and many other books on different topics.

Apart from anchoring the shows, he was also featured on “Shut Up Ya Kunal”, a stand-up comedy show hosted by Kunal Kamra. Ravish majorly discussed his reporting and personal life on the show. Whereas he was also featured in another show named “Off the Record” which was Samdish Bhatia’s show. Ravish Kumar’s life partner, Nayana Dasgupta, is a lecturer at the Lady Shri Ram College, University of Delhi. The couple has two daughters.

NDTV – Startup Story

Humble beginnings with Doordarshan

The story behind the NDTV falls back to the year 1984 as the production house for different news segments for the public broadcasting of the Doordarshan and for other international news channels also. The company became the first independent television news channel in 1888.

Later on, Doordarshan was reported to hire the networks in order to produce a larger coverage for the Indian general elections and budget session specials. Both the efforts were well received and appreciated by the people.

The first televised live coverage of an election was also performed by NDTV during the Indian general election of 1989. It used national hotlines and contained visual graphics, discussions, and debates.

After some years, the company came up with a proposal for Doordarshan to migrate its output to a daily half-hourly news program on DD Metro, the second Doordarshan channel. The concept was accepted, and the News Tonight news broadcast was started. With this, the company came up with many new shows like The News Hour and Good Morning India for Doordarshan.

Contract with Rupert Murdoch and Star News

In 1998, NDTV signed a five-year agreement with the Start Network’s Rupert Murdoch. The agreement ruled that the NDTV will create all the news material for the network and the finance venture will be handled by Murdoch’s News Corporation subsidiary named News Television in India. NDTV programming was also included on two 9:00 p.m. news programs on Star Plus and Star World.

Within a month of its start, NDTV rolled out its own news website “ndtv.com”. The website was focused on broadcasting the live webcasts of the original productions, which eventually helps in increasing the daily visits of the website with its count tallying at 55,000 daily visits.

NDTV also worked on launching a news bulletin on Vijay TV and making it their first step to enter into a regional market. The news bulletin was launched in the Tamil language and on the station owned by Star Network.

Later in 2002, there were clashes between NDTV and Star India, due to which the contract was never renewed. Started as Independent News Channel

After ending its partnership with Star India, NDTV started as an independent broadcaster. Morgan Stanley and Goldman Sachs were known to provide equity money to the firm.

In that particular year 2003, the company launched NDTV India and NDTV 24×7. The following year, NDTV came out as a public company with its independent directors N.R. Narayan Murthy and Tarun Das. Tarun Das is the chief mentor of the Confederation of Indian Industry and N.R. Narayan Murthy is the creator of Infosys.

In June 2006, NDTV announced a partnership with the Southeast Asian media business Astro to develop the Bahasa Melayu entertainment channel Astro Awani, with NDTV owning a 20% investment in the joint venture.

To make its presence more strong enough, the company began expanding into the general entertainment and lifestyle programming industries in 2007. On September 07, 2007, another subsidiary launched with the name NDTV Lifestyle. The first channel launched by NDTV Lifestyle in India was NDTV Good Times. w

NDTV Lifestyle also signed a deal with the United Breweries Group for a branding partnership between Kingfisher lager and NDTV Good Times in 2009.

The business was visualizing a genre of channels focused on localized news and an already established NDTV MetroNation. The main plan was to launch a number of channels mainly dedicated to the metropolitan cities of India such as Delhi, Kolkata and Mumbai.

NDTV – Mission and Vision

The mission statement of NDTV is, “To collaborate with people and organizations in the communities we serve to bring quality programming, learning opportunities, and economic development to our region.”

NDTV’s vision statement reads, “To be broadly recognized for excellence in Public Television.”

NDTV – Name, Tagline, Logo

NDTV Logo

NDTV 24×7’s Tagline says, “Fight for Change”

NDTV India Tagline says, “Khabar Wahi Jo Sach Dikhaye”

NDTV – Business Model

NDTV’s business operations involve buying, selling advertising on radio, television, video, and cable, etc. both within national and international boundaries.

The company’s business sites are spread as offices and studios throughout the nation that contain India’s most cutting-edge production, newsgathering, and archival capabilities, as well as award-winning show and creative teams.

NDTV has four main channels through which it does its business:

NDTV 24×7 – Offers news in English by covering a wide variety of information related to national and international news, sports, weather, and entertainment.
NDTV India – NDTV’s 24-hour Hindi news channel
NDTV Profit – Features all financial and business news
NDTV Prime – This channel by NDTV covers interesting news in categories like Gadgets, Automobiles, Education, Careers, Property, Entertainment, Art, Comedy, and more.

NDTV is also known to have many subsidiaries. Some of them are NDTV Convergence Limited, Red Pixels Ventures Limited, NDTV Networks Limited, NDTV Worldwide Limited, NDTV Media Limited, NDTV Labs Limited, Delta Softpro Private Limited, Delta Softpro Private Limited, On-Demand Transportation Technologies Limited, Fifth Gear Ventures Limited, OnArt Quest Limited, BrickbuyBrick Projects Limited, Redster Digital Limited, NDTV Lifestyle Holdings Limited, NDTV Lifestyle Limited, NDTV Ethnic Retail Limited, NDTV Ethnic Retail Limited-Consolidated.

The company’s latest initiative Mojarto.com, is India’s largest art marketplace of artworks handpicked from great artists, and it offers affordable and outstanding Indian Art & Collectibles such as original paintings, digital prints, jewelry, and other décor items.

NDTV is also actively engaged in offering EPG services through its initiative, UREQA. NDTV is also known to provide various metadata services which roughly fall under the category of rich multimedia information, channel ratings, programming, and scheduling the available data in multiple languages including English Hindi, Tamil, etc.

NDTV – Revenue Model

NDTV’s primary source of revenue comes from advertising on its four channels. The company ties up with different brands and organizations to run various product advertisements on its channels. From the beginning of its inception, NDTV was smart to find that demand for programmatic buying among their new and current advertisers began to rise steadily.

NDTV operates as one of India’s ruling online news sources with over 119 million unique visitors per month. The channel NDTV India also gets paid annually by YouTube. It reportedly has over 14.8 million subscribers on its YouTube channel.

Very recently, the company claimed that its overall costs increased 6.94% to Rs 83.33 crore in Q1 FY 2022-23 from Rs 77.92 crore the previous year.

The above graph shows the revenue of NDTV from 2017 to 2021 in billion Indian Rupees as per Statista

NDTV – Challenges/ Controversies Faced

If one gets success, on the other hand, the other hand is tied with difficulties and challenges. This was the case with NDTV. The Enforcement Directorate (ED) issued a notice in 2015 for an alleged breach of the Foreign Exchange Management Act. The government banned the Hindi language news channel NDTV India in 2016 because it posed a danger to national security.

The challenges for NDTV did not end there. NDTV was blamed with the tax reassessment notice in 2015 for the blame of tax evasion for the years 2009-10. The channel also faced charges made by CIB for defrauding ICICI Bank and was also involved in the TRP scam.

Gautam Adani plans to have a majority stake in NDTV

The headline which is grabbing attention all over the media is the Adani Group’s attempt to have a majority stake in the news channel.

The Adani Group is a multinational conglomerate run by Gautam Adani, India’s richest man, who has announced a hostile bid to takeover NDTV. The group plans to have a stake of 29.18% and plans to launch an open offer to purchase an additional 26% shareholding in the company.

This has raised many concerns as Gautam Adani has close ties to Prime Minister Narendra Modi. Many officials are stating that the acquisition effort is similar to the previous takeover of the major news channel Network18 by Mukesh Ambani, another billionaire with close links to Narendra Modi.

Things took a controversial side when the channel’s founders were taken aback by the buyout attempt stating that Adani Group had neither contacted nor consulted them, nor did the transaction have their agreement.

As per the NDTV, the transfer of the RRPR’s stake can not be completed. The prime reason behind it was the regulatory limitation applied to the promoters in order to prevent them from having an access to the market until November 2022. The transfer will be required to have a clearance from SEBI. However, Adani has rejected this reason claiming that the purchase did not necessitate SEBI clearance.

NDTV – Investments

On July 17, 2019, NDTV Limited invested in MobiKwik. MobiKwik is a fintech startup that offers a platform for online payments, life insurance, and loans. NDTV invested ₹8.7 Crore in a Series E funding round of Mobikwik.

NDTV – Shareholders

The co-founders, Radhika Roy and Prannoy Roy are the business’s promoters, with a controlling position of 61.45%; individually holding 16.32% and 15.95% of the shares, respectively, and collectively holding an additional 29.18% through RRPR, a holding company. Other investors include the Mauritius-based LTS Investment Fund and the Vikasa India EIF I Fund, which own 9.75% and 4.42% of the company, respectively.

Both companies have ties to the Adani Group. The LTS Investment Fund, in particular, has investments worth 19,328 crores ($2.4 billion) in 13 Indian companies, four of which are part of the Adani Group, these four investments account for approximately 98% of their total investments worth Rs 18,916.7 crores.

NDTV – Online and Social Media Presence

As the company belongs to the Mass Media Industry, it knows how to leave its footprint on the social media platform as well. The channel has a strong presence on major social media platforms like – LinkedIn, Facebook, YouTube, and Twitter. It is also present in other modes of online platforms.

LinkedIn – 453,288 followers

Facebook – 9.4 million followers

Twitter – 17.3 million followers

YouTube – 14.8 million followers

NDTV – Awards and Achievements

NDTV has received many awards such as:

Excellence Award in Environment Reporting
Excellence Award in Business & Economy Reporting
Mumbai Press Club RedInk Awards May 2018
Best Reporting of Human Interest Stories: Maya Sharma, NDTV 24×7

NDTV – Competitors

The top competitors of NDTV are:

Zee News
Sun TV network
Prime focus
Saregama India
Network18
Dish TV India
India Today
CNN
BBC
OutlookIndia

NDTV – Future Plans

At present, there is no defined statement in regard to the future plans of NDTV. At the moment, the company is waiting for SEBI’s approval if Adani Group’s acquisition is valid or not. The company claims that Gautam Adani is ‘deeply overleveraged’. It says that Gautam Adani’s over-ambitious debt-funded growth plans have led him to fall into the debt trap.

Conclusion

New Delhi Television Ltd or NDTV is an Indian media company that has been in the market for almost 38 years now. It was started in 1984 by the joint efforts of an economist and a journalist.

And with the passing of time, the firm grew up to be one of the most successful media companies. Some of the highlights of NDTV company are shared in the above context including its startup story, challenges faced, and future plans.

FAQs

How does NDTV make money?

NDTV gets 90% of its revenue collected from different advertisements shown on its platform.

Which is the best news channel in India?

Some of the best news channels in India are ABP Networks, India Tv, Aajtak, CNN News, etc.

Who is the CEO of NDTV?

Narayan Rao is the CEO of NDTV.

What is the NDTV app?

The NDTV app is a mobile-friendly application specially created by NDTV to have an easy mobile experience for its users.

September 3, 2022

Khan Academy Success Story | How This Educational Platform Is Providing World-Class Education?

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

As Albert Einstein says, “Education is not the learning of facts, but the training of the mind to think.” We all know education is very important as it is the foundation for human evolution.

Through education, we get to learn about things we didn’t know existed. Over the years, the art of grasping knowledge has changed so much. Some thousand years ago, the system of education was way different than we have right now. In India, the place where education was provided was called a Gurukul. However, after colonisation, everything changed. Today, we can gain knowledge at the tip of our fingers through digital mediums. Having said that, in the new age, online education is becoming more and more acceptable with multiple organisations and schools adopting this style of teaching.

Khan Academy, founded by Sal Khan, is an online educational platform that was started in 2008 and produces short video lessons to help students with a wide variety of academic subjects.

Let’s dig into the profile of Khan Academy to know about its startup story, founder, business strategy, revenue, growth, challenges faced, and much more.

Khan Academy – Company Highlights

Startup Name	Khan Academy
Headquarters	California, United States
Sector	Online Education
Founder	Salman Amin Khan
Type	501(c)(3) nonprofit
Founded	2008
Revenue	$79.3 Million (2020)
Website	khanacademy.org

Khan Academy – About and How Does It Work?
Khan Academy – Industry
Khan Academy – Founder
Khan Academy – Startup Story
Khan Academy – Name, Logo, and Tagline
Khan Academy – Mission and Vision
Khan Academy – Business Model
Khan Academy – Revenue Model
Khan Academy – Challenges faced/Controversies
Khan Academy – Funding and Investors
Khan Academy – Mergers and Acquisitions
Khan Academy – Advertisements and Campaigns
Khan Academy – Collaborations
Khan Academy – Awards and Achievements
Khan Academy – Competitors
Khan Academy – Future Plans

Khan Academy – About and How Does It Work?

Founded in 2008 by American educator, Salman Amin Khan or Sal Khan, Khan Academy is an American non-profit educational organization. The main objective of the academy is to provide a set of online tools to assist students in their education.

Khan Academy works by creating short videos with teachings. In addition, it has a website, which has extra practice tasks and tools for educators. It has created over 8,000 video courses that educate a wide range of academic disciplines, with an initial concentration on mathematics and science.

Their classes are accessible from both the website and application, where all study materials are free. The application can be downloaded from Google Play for Android devices and the App store for iOS.

The online platform of Khan Academy has a lot of recreational activities like practice problems, instructional videos, and a personalised learning dashboard, allowing students to study at their speed both inside and outside of the classroom. Subjects like math, physics, computers, history, art history, economics, and other subjects, as well as K-14 and test preparation for SAT, Praxis, and LSAT are all offered by the firm.

Besides offering just academic subjects, the academy also emphasises skill mastery in students to help them have solid foundations, so there is no limitation to what they may study in the upcoming videos.

Providing a free personalised learning experience is what Khan Academy strives to give its students, which is then hosted on YouTube. The website is designed to offer a complement to its video with various other features like assignments, lesson exercises, and other tools. The same thing can be accessed on its mobile application.

Khan Academy – Industry

Khan Academy belongs to the industry of online education. It aims to provide free and world-class education to anyone from anywhere. Since the pandemic, the idea of e-learning has greatly transformed the way in which the world perceives the processes of learning and teaching. The market size of online education is expected to reach 585.48 billion USD by 2027 from 269.87 billion USD in 2021. The industry is expected to grow with a CAGR of nearly 13%.

Khan Academy – Founder

Salman Amin Khan, more commonly known as Sal Khan is the man behind the establishment of the Khan Academy in 2008.

Salman Amin Khan

Sal Khan - Founder and CEO of Khan Academy — Sal Khan – Founder and CEO of Khan Academy

Sal Khan was born on October 11, 1976, to a Bengali Muslim household in Metairie, Louisiana. His father is from Bangladesh and his mother is from West Bengal, India. In his high school days, he was the school newspaper’s cartoonist. Sal Khan enrolled in upper-level mathematics classes at the University of New Orleans and graduated as valedictorian in 1994.

In 1998, he graduated from the Massachusetts Institute of Technology (MIT) with three degrees- A bachelor’s in electrical engineering and computer science, a bachelor’s in mathematics and a Master of Science degree in electrical engineering and computer science. He also graduated from Harvard Business School with a Master of Business Administration degree.

Sal Khan has produced more than 6,500 video lessons covering a vast array of academic subjects with a major focus on Maths and Science. Along with Khan Academy, he also founded Khan Lab School, a physical private school in Mountain View, California, USA. In 2020, he also founded Schoolhouse.world, a free non-profit effort to deliver tutoring to kids all around the world through Zoom.

The President of India bestowed Sal Khan with the fourth-highest civilian award in the Republic of India, the Padma Shri, in 2016. Sal Khan was named one of TIME’s 100 Most Influential People in April 2012.

He was also one of five Heinz Award winners in 2013. His prize was given in the category of “Human Condition.” He received an honorary Doctor of Laws degree from Harvard University on May 27, 2021.

He has also published a book about Khan Academy titled The One World Schoolhouse: Education Reimagined.

Umaima Marvi, a Pakistani physician, is Sal Khan’s wife. The couple lives in California, the USA with their three children. Founders of other online educational platforms like Coursera, and edX have named Sal Khan as their inspiration for starting their companies.

Khan Academy – Startup Story

The start goes back to 2004 when Sal Khan began instructing one of his relatives in mathematics over the Internet through a programme called Yahoo Doodle Images. Eventually, this led his other relatives and friends to ask for his service. That’s how the idea came to Sal. He decided to make his videos available on the internet with the help of YouTube. Later, Sal used a drawing programme called SmoothDraw, and currently, he draws with ArtRage on a Wacom tablet.

A lot of positive feedback ultimately urged Sal to establish Khan Academy in 2008 and resign from his job in 2009 to devote his entire time to providing instructional lessons.

Khan Academy – Name, Logo, and Tagline

Khan Academy Logo

Sal Khan has named the organisation after his surname ‘Khan’.

The logo of Khan Academy was changed last in 2018. Their new logo depicts the hexagon symbol. It signifies the fundamental building block in math, nature, and art. The bright colours in the symbol are a reflection of them making a transformational influence on education.

Khan Academy – Mission and Vision

Khan Academy’s mission statement is, “Our mission is to provide a free, world-class education to anyone, anywhere.”

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Khan Academy – Business Model

The business model of Khan Academy operates as a non-profit organisation. It earns money through contributions, tuition fees from its Khan Lab School, and payment for its SAT preparation classes.

Khan Academy’s videos are available in almost 190 countries, and more than 50 million students have accessed its videos. This is because Khan Academy’s videos are available in 28 different languages, including Bangla, Chinese, Bulgarian, German, Spanish, Georgian, Norwegian, French, Polish, Portuguese, Serbian, Turkish, Uzbek, and more, making their videos reach almost every student across the globe. The courses offered by the firm are – Maths, Science, Maths foundations, Computing, Arts, Economics, Hindi (the newest addition), and Test preparation for SAT, LSAT, and MCAT. Khan Academy also has a Kids App for 2-7-year-olds. Along with this, it has courses for educators to give them insights into how the academy works and other programmes and how to implement the courses with students.

As mentioned before, Khan Academy is a nonprofit organisation that earns its income through various donations from philanthropic organizations. Organisations & Individuals like – Google, The Bill & Melinda Gates Foundation, Netflix’s CEO Reed Hastings, NewSchools Venture Fund, Oracle, Walt Disney Foundation, and Hyatt Hotels Corporation are some of the donors who have donated to Khan Academy.

Furthermore, it is reported that Khan Academy also generates a lot of revenue from YouTube. As per YouTube analysis, the firm earns an estimated sum of $18K – $290K per year from its channel.

Khan Academy – Revenue Model

The latest reports on Khan Academy’s revenue growth are tough to tell. To be precise, its two major sources of revenue can be categorised as Contributions and Grants and Program Service Revenue. The firm had made a revenue of $79.3 million as of 2020. As per the company’s financial report, the major sources of this revenue were the foundation and individual gifts, corporate gifts, community giving, earned income, and other income. It also received a sum of $316 million in donations during the pandemic, which boosted the firm’s growth.

Khan Academy – Challenges faced/Controversies

Khan Academy has been through some criticism off-late. Founder, Sal Khan has been chastised for lacking professional pedagogical experience or certifications. There are statements from several people who say that the technical correctness of several mathematics and physics videos has been called into doubt. As a result of these concerns, Sal Khan has announced fixing faults in its videos by expanding its faculty and establishing a network of over 200 content specialists.

Khan Academy – Funding and Investors

Khan Academy has received $16.2 million in investment across five rounds. Their most recent funding came on July 21, 2020. Khan Academy is supported by two investors. The most recent investor is Amgen Foundation.

The funding details are:

Date	Transaction Name	Amount	Lead Investors
July 21, 2020	Grant	$3 million	Amgen Foundation
October 12, 2017	Grant	$3 million	Amgen Foundation
August 25, 2016	Grant	$3 million	Omidyar Network
May 20, 2013	Grant	$2.2 million	–
November 4, 2011	Grant	$5 million	–

Khan Academy – Mergers and Acquisitions

On August 26, 2016, Khan Academy acquired Duck Duck Moose, a multi-award-winning designer of instructional mobile apps for children.

Khan Academy – Advertisements and Campaigns

In 2014, Khan Academy launched its first-ever campaign titled – ‘You Can Learn Anything.’ The video was launched in collaboration with the agency, Enso. The video encourages the possibilities of education and learning with Khan Academy. It was reported that the video was a big hit and it was mentioned over 500 times on Twitter within the first day alone.

Khan Academy – You Can Learn Anything Advertisement Campaign

Another campaign was launched by Khan Academy that featured celebrity singer-songwriter, John Legend, who shared his story of struggling days during his career.

Khan Academy – Success through Effort Campaign featuring John Legend

Khan Academy – Collaborations

In July 2022, Kotak Mahindra Bank Limited collaborated with Khan Academy India (KAI) to create academic content for classes 9 to 12. The collaboration is a part of the bank’s goal to strengthen its Corporate Social Responsibility (CSR) activities. As part of the agreement, Kotak Mahindra Bank will support Khan Academy India to generate material aligned with the National Council of Education Research and Training (NCERT). According to an official announcement, the academic materials for grades 9 to 12 would be freely available on Khan Academy India digital platforms.

Sal Khan, founder and CEO shared his viewpoint on the collaboration with Kotak Mahindra Bank Ltd. saying, “The CSR funding from Kotak Mahindra Bank will enable us to create science content for class 9 to 12 and offer personalised education to students helping them to build a solid conceptual understanding.“

Khan Academy – Awards and Achievements

Let’s take a look at the awards won by Khan Academy:

Khan Academy received a Webby Award in the category of Websites and Mobile Sites, Education in 2012.
Khan Academy received a Shorty Award for Best in Education in 2016.

Khan Academy – Competitors

With the rise in online education, many organisations offer education through online videos and other digital platforms. The top competitors of Khan Academy are:

Coursera
Udacity
edX
Unacademy
BYJU’S
upGrad
LinkedIn Learning
Canvas LMS
Skillshare
Codecademy
Pluralsight Skills

Khan Academy – Future Plans

As of now, the future plan of Khan Academy is to keep on providing a free world-class education to everyone. It also aims to have an even stronger tech framework and build a more user-friendly platform for its mobile application so that students can even learn through smartphones.

FAQs

Who owns Khan Academy?

Salman Amin Khan, commonly known as Sal Khan is the founder and CEO of Khan Academy.

Is the Khan Academy accredited?

No, Khan Academy is not an accredited school. It can only be used as a supplement to normal schooling for clearing doubts and better learning and understanding of concepts.

Is Khan Academy completely free?

Khan Academy is completely free. Its mission is to provide free, world-class education to anyone, anywhere.

Who owns Duck Duck Moose?

Khan Academy owns Duck Duck Moose. The educational startup, Duck Duck Moose announced in August 2016 that it has “donated” its intellectual property and become a wholly-owned subsidiary of Khan Academy.

September 2, 2022

Meatwale.com – Story behind India’s Fastest Growing Retail Chain for Fresh Meat & Non-veg Snacks

For ages, Indians have been buying meat and other non-vegetarian products from the nearby market. But the new generation wants a better and more convenient shopping experience when buying non-veg items. With the e-commerce revolution, the way people shop for non-veg food products is also changing. Several startups have cropped up that are working towards not just proving fresh non-veg food products, but also creating an improved shopping experience. Noida-based startup Meatwale.com is a fast emerging startup that is offering fresh meat and meat products straight to your home. They also have a vast chain of hygienically maintained retail outlets where you can shop fresh and hygienically stored meat minus the nuisance of visiting any smelly meat market. Here is the Story behind Meatwale.com.

Meatwale.com – Company Highlights

Company Name Meatwale.com

Headquarter Noida

Industry Food & Beverages

Founder Krishna Kumar

Founded 2017

Funding Angel Funding

Website www.meatwale.com

Meatwale.com – About
Meatwale.com – Founder
Meatwale.com – Startup Story
Meatwale.com – Business Model
Meatwale.com – Competitors
Meatwale.com – Challenges
Meatwale.com – Future Plans

Meatwale.com – About

Meatwale is one of the pioneer companies in India that delivers raw and fresh meat right to the consumer’s doorstep. Although 73% of Indians eat meat and seafood, the entire industry is highly unorganized. The idea behind starting Meatwale was to change the way Indians experience meat. Meatwale mainly deals in raw mutton, raw chicken, and non-veg snacks like kebabs, salamis, sausages, gym diets, kofta, chops, galouti kebabs, momos, and many more.

Meatwale ensures that customers get farm-fresh, antibiotics-free chicken and good-quality meat. Customers can place their orders online at Meatwale.com or can buy from Meatwale’s 70+ retail outlets present across twelve Indian states. Meatwale is currently operating in 20+ cities including Bengaluru, Chandigarh, Dehradun, Faridabad, Gurugram, Ghaziabad, Greater Noida, Jaipur, Kundli, Mangalore, Mumbai, Manipal, Mohali, New Delhi, Noida, Patna, Pune, Ranchi, Sonipat, Udupi, and Shahjahanpur.

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Meatwale.com – Founder

Meatwale founder Krishna Kumar

Meatwale founder Krishna Kumar is an MBA graduate. Krishna started his career at IndiaMART.com, where he worked for 7 years. At IndiaMART, the support of seniors taught Krishna a lot in terms of client servicing and managing business. After IndiaMART, Krishna joined dutch e-commerce solution provider Eperium Business. Eperium was managing big e-com projects from Netherlands and Krishna was responsible to create a similar market for Eperium in India. During his days at Eperium Business Solutions, Krishna played a key role in the growth of the company in India.

Krishna Kumar is a passionate learner. He loves to keep learning and believes that interacting with young talent is the best way to learn. Krishna Kumar has visited many Colleges, Universities, and educational institutes like Lovely University, GLA University, ICFAI University, Asia Pacific Institute, RCM Bhubaneswar, SOA University Bhubaneswar, Ishan Institute, Jaipuria College, KIET, and many others to exchange thoughts and with the new generation.

Meatwale.com – Startup Story

The idea to start Meatwale cropped up from a personal experience. Once the founder Krishna Kumar was having a late-night meeting at his office in Noida. He was craving home-cooked chicken, but when he reached home it was already 9 PM and to his dismay, he realized that it was now impossible to get raw chicken home delivered. That very night, Krishna Kumar booked the domain Meatwale.com, and thus began his entrepreneurial journey.

Meatwale started as just a shopping store in Delhi NCR. Krishna Kumar knew that his idea was a hit when he started receiving a good number of orders within only one week of launch. However, being self-funded, it was not easy for the business to sustain, and the store was eventually shut down.

But, Krishna Kumar was determined to make a comeback and the company was restarted with a store in Noida. Initially, the company had to face issues managing store sales, salaries, and budgets, in the absence of any external funds. However, the company was receiving a good response and soon was able to get funds from the bank, which helped the company to grow profitable.

Meatwale.com – Business Model

In the initial days, the plan was to open Exclusive Meatwale stores, where Meatwale was solely authorized to sell its products. But soon that team at Meatwale realized that there were major challenges in running exclusive stores. Huge manpower was required to run the business on a large scale. So, the company later adopted the franchise model. Currently, Meatwale has two types of Franchise stores viz, FOCO(Franchise Owned Company Operated) and FOFO (Franchise Owned Franchise Operated). Meatwale’s first franchise was started in Ghaziabad.

The Investment needed for starting Meatwale.com’s franchise varies between INR 12 Lac to INR 18 Lac, and the company helps by searching for a nice decent store to start and managing the hiring of employees and trained staff for the store. Franchise stores offer a business opportunity to entrepreneurs and create multiple jobs. Today the franchise model of Meatwale.com is successful and a lot of entrepreneurs are doing it as their full-time business.

Meatwale.com – Competitors

Some of the major competitors of Meatwale.com are Licious, Freshtohome, Nandus, and TenderChicken. Of these competitors, while Licious does not have its retail stores, Freshtohome, Nandus, and TenderChicken have several retail stores.

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Meatwale.com – Challenges

Many challenges cropped up for the Meatwale team when the company started expanding and opening new stores. One of the major challenges was the procurement of fresh chicken and other items on time. Another challenge was establishing the brand and marketing Meatwale as a trusted brand for raw meat and non-veg snacks.

Meatwale.com did door-to-door marketing by giving pamphlets, and brochures and putting canopies outside apartments nearby its stores, to gain initial traction.

Presently, Meatwale has a robust logistic network, that helps the company manage all supplies within no time in any city across India.

Meatwale.com – Future Plans

From being just one store, Meatwale today has expanded to 20+ cities with 70+ franchise stores. With more funding indication, the company is planning to open stores in Tier-2 and Tier-3 cities in India. The company has plans to reach almost every city in India, and also eyes are on global expansions.

The Pandemic has created a market for hygienic stores in India. Also, India has a huge market for meat, and the scope of growth is immense. Meatwale aims to be a major player in this growing industry.

FAQs

What is Meatwale.com?

Meatwale.com is one of the pioneer companies in India that delivers raw and fresh meat right to the consumer’s doorstep. The company also has an offline presence with its 70+ retail stores located across 12+ cities.

Who is the founder of Meatwale.com?

Krishna Kumar is the founder of Meatwale.com.

Where is the headquarter of Meatwale.com?

Meatwale.com is headquartered in Noida.

September 1, 2022

Company Name	Meatwale.com
Headquarter	Noida
Industry	Food & Beverages
Founder	Krishna Kumar
Founded	2017
Funding	Angel Funding
Website	www.meatwale.com

Nas Daily – Success Story of a Vlogging Platform that turned into a Multi-Million Dollar Brand

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

Is it possible to make money by living my passion? What if my passion is to travel the world and enjoy life? Who would pay me the money? – Have you come across such questions? Most of us would because we love to live our life to the fullest by doing what we love. Our preferences and passion might vary, but ultimately, we all unite at a single spot of happiness and earnings.

Today’s technology provides us the confidence to pursue anything of our choice that can be monetized. The only thing needed was an idea, proper planning and execution. Even the activities like gaming, blogging, and vlogging are excellent platforms to capitalize on. They were not even on the radar of money before technological advancements.

Still, if you have no ideas or don’t know what to do, there are platforms to feed you with plans. Today, we are filled with excellent opportunities and choices, and it lies with us to make things happen. Nuseir Yassin is one such travel vlogger who has influenced millions and serves as an excellent example for living a life of passion and earning out of it. He started as a travel vlogger in 2016 in the name of Nas Daily and established it as a brand today.

The following article covers the entire success story of Nas Daily, its journey from the beginning, funding, and growth over the years:

Nas Daily – Highlights

Startup Name	Nas Daily
Founder	Nuseir Yassin
Founded	2016
Business Type	Vlogging, Video Production, and Skill Development Courses
Area Served	Worldwide (Online)
Brands Operated	Nas Daily, Nas Studios, and Nas Academy
Location	Singapore (Nas Studios and Nas Academy)
Followers	42 million
Website	nasdaily.com

Nas Daily – About
Nas Daily – Founders
Nas Daily – Mission and Vision
Nas Daily – Name, Tagline, and Logo
Nas Daily – Business and Revenue Model
Nas Daily – Startup Story
Nas Daily – Growth
Nas Daily – Funding and Investors
Nas Daily – Challenges Faced
Nas Daily – Future Plans

Nas Daily – About

Nas Daily was started as a vlogging page on popular social media platforms like Facebook, Instagram, and TikTok. It became well-known after its founder Nuseir Yassin took up the challenge of making one-minute videos for 1000 days.

He traveled the world to make Nas Daily vlogs happening and enjoyable for his viewers. The project’s popularity paved the way for Nas Daily to establish itself as a brand. With two offices in Dubai and Singapore, Nas Daily operates worldwide with two other brands, namely Nas Academy and Nas Studios.

Nas Daily – Founders

Nuseir Yassin is the founder of Nas Daily and the CEO of Nas Academy. He was born on 9th February 1992 in Arraba, Israel. Born in a well-educated family where his father was a psychologist and his mother was a teacher, Nuseir received a good early education in Israel. He even secured a scholarship to enter Harvard University for higher education.

Nuseir, at first, planned to graduate in aerospace engineering but ended up getting a degree in economics. Yassin co-founded a social media search engine named pay-it-forward during his graduation. He also worked as a software developer in Venmo for two years, from 2014 before he started Nas Daily.

Nas Daily – Mission and Vision

Nas Daily was founded with a mission to create and post 1000 one-minute videos in 1000 days. After successfully doing so, the company evolved its mission to “Leave a positive mark on the world.”

The team doesn’t want to make mere entertaining videos but to inspire and spread optimistic values to the future generation. Nas Daily believes in what it does. It has the vision to enlighten the youths through its storytelling worldwide.

Nas Daily – Name, Tagline, and Logo

Nas Daily Logo

‘Nas’ from the name Nas Daily means ‘People’ in Arabic. Since it was started as a daily video challenge page targeted toward the people of this world, Nuseir Yassin named it Nas Daily.

The company’s tagline proclaims its mission of positivity and youth inspiration. It says, “We are a force for good.”

The logo of Nas Daily comes in simple all-caps letters where ‘NAS’ is written in yellow and ‘DAILY’ is presented in white. The name is followed by a yellow ‘dot’.

Nas Daily – Business and Revenue Model

Nas Daily’s initial business model was to post videos daily on various social media platforms. The 1000 one-minute video challenge was itself a breaking point for its growth. The company started making revenue even before the completion of this challenge. Around $40,000 was the average monthly revenue that Nas Daily reported from gigs, Ad revenues from Facebook and YouTube, and other brand deals.

Nas Daily entered the video production business through the establishment of Nas Studios. It develops quality and creative content for its customers. The revenue for Nas Studios is generated from the production and sale of these video projects. Usually, it charges around $10,000 and $70,000 for single video production.

Nas Academy offers training videos and accelerator programs for creators to multifold their creativity. It sells online classes and video lectures to learners, thus developing a revenue structure from its operation.

Nas Daily – Startup Story

Nas Daily is the result of its founder, Nuseir Yassin, passion for travel. He quit his well-paying job to explore the world in 2016. After purchasing a camera with his savings, Yassin first decided to tour Kenya. He documented his travels as videos and posted them on Facebook.

But the income of Nas Daily was zero for the first 500 days. A Russian media company offered him a job to create travel videos and covered his expenses. This resulted in a perfect opportunity for Nuseir and provided great exposure for him. Nas Daily’s popularity exploded after the 1000 one-minute video challenges in 1000 days.

Nas Daily – Growth

The growth of Nas Daily is reaching new heights every day. Starting with a mission to complete a video challenge, the company is worth millions today. Those initial 1000 days gave a considerable reach, popularity, and an excellent platform for Nas Daily’s future. It started making good profits through collaborations and advertisements during the first phase of its operation itself.

Nuseir Yassin didn’t want his company’s progress to be inclined to a circle. He created a new company named Nas Academy to educate creators on the art of creativity and social media management. Within a year of Nas Academy’s inception, it has produced 2 lakh creators and 15 million followers.

Nas Studios is another wing of Nas Daily that was established on the 1001st day, right after concluding the one-minute video initiative. It produces innovative videos and other related requirements for customers. Nas Studios’ products have over 20 billion views in over 17 languages. The company has established its offices in Singapore and Dubai.

The above graph shows the total subscribers of Nas Daily Youtube with their count in lakhs as per the data published on socialblade.com

Nas Daily – Funding and Investors

Since Nas Daily started as a vlogging page on Facebook, Youtube, and Instagram, it didn’t require many funds. Nuseir Yassin managed his initial travel expenses through his income from a Russian media company. As a result, Nas Daily received its first funding only in 2021. It went through a Seed Round of funding on June 19, 2021, and received an undisclosed amount from the US-based venture capital firm 500 Startups.

Nas Academy, founded in 2020, went through two funding rounds. Many investors showed interest in participating in those two funding rounds. The Series A round was held on July 13, 2021, and was led by Lightspeed Venture Partners, where the startup secured $11 million to develop its CreatorTech business. A total of 14 investors made their investments, including 500 Startups, Graph Ventures, and Ride Ventures.

Another funding round took place on July 26, 2022, and a sum of $12 million was invested in Nas Academy. This round was led by BECO Capital and Pitango Venture Capital, where Jack Conte, FTX Ventures, and HOF Capital also participated in the funding.

Nas Daily – Challenges Faced

Nas Academy faced challenges after it used a video for educational purposes by a Filipino tattoo artist. The artist claimed that Nas Academy utilized the video without acquiring rights. The company, in turn, posted a video proof of the artist signing an agreement.

But, the NCIP’s (National Commission for Indigenous People) inquiry revealed that there was no formal consent in the contract, and hence Nas Academy apologized to the concerned members. The matter was finally resolved on October 24, 2021, and the agreement was declared null and void.

Nas Daily – Future Plans

Nas Daily has a plan to go public sometime in the future. The company said it would be a big step and involves a vast process to step ahead as this transformation will not be like a simple one-minute video challenge. Yassin believes that going public would give them enormous opportunities for expansion and ensure the growth of Nas Daily.

Conclusion

Founded by Nuseir Yassin, Nas daily was not actually prepared to be a company with a reliable plan. Instead, it was just started with a challenge of posting one minute video for 1000 days. With this challenge, the company rose to fame even before it was known to complete the task.

Started with a different purpose but is now well equipped with resources and funds to help it reach much higher positions every day. The above article contains crucial information about the Nas Daily platform including its startup story, investors, business and revenue model, challenges faced, etc.

FAQs

Is Nas Daily an Indian?

No, Nas Daily was started off by an Israeli-Arabic vlogger who used to reside in Singapore earlier but now has shifted to Dubai.

What is the Nas Daily academy?

Nas Daily academy is the online space that allows newcomers to learn creating and different skills required in the same field by experienced creators.

Who is the owner of Nas Daily academy?

The owner of Nas Daily is Nuseir Yassin.

Project nightfall is the social media platform owned by Agon Hare. Agon Hare is most known for his educational videos and is also recognized for his contribution to Nas Daily. Agon was reported to be working full-time traveling with the Nas team in order to shoot, edit and produce Nas Daily’s one-minute videos.

August 28, 2022

F5 Inc. Success Story | How It Offers the Best Multi-Cloud Application Solutions?

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by F5 Inc.

Having a secure way of doing online activities in this digital age is the need of the hour. Whether you are using an application to do a transaction or running a business with a website, you need certain security.

Mobile apps, websites, and all the other programmes used online are vulnerable to security threats. They too need protection from cybercrime. The rise of different apps and online transactions through digital platforms poses a danger to our sensitive data. These include information like our bank and credit card details, health information, and personal IDs needed for transactions. For this security reason, testing has become a very crucial aspect.

The American company, F5 Inc. specialises in application security, application delivery networking (ADN), network security, and prevention of online fraud activities. The company was founded in 1996 to run security for multi-cloud management.

Uncover the success story of F5 Inc. in this article, which includes its startup story, key people, key products and services, business model, revenue growth, and the challenges faced.

F5 Inc. – Company Highlights

Startup Name	F5, Inc.
Headquarters	Seattle, Washington, U.S.
Sector	IT, Internet, Software & Services
Founded	1996
Founder	Jeff Hussey
Revenue	$2.6 billion (2021)
Website	f5.com

F5 – About and How It Works?
F5 – Industry
F5 – Founder and Team
F5 – Startup Story
F5 – Name, Logo, and Tagline
F5 – Mission and Vision
F5 – Business Model
F5 – Revenue Model
F5 – Technology Alliances
F5 – Funding and Investors
F5 – Mergers and Acquisitions
F5 – Online and Social Media Presence
F5 – Advertisements and Social Media Campaigns
F5 – Awards and Achievements
F5 – Competitors
F5 – Future Plans

F5 – About and How It Works?

F5, Inc. (formerly F5 Networks) was founded in 1996. It is a technology business based in Seattle, Washington, United States that focuses on application protection, online fraud protection, application delivery networking (ADN), and other application-related services.

F5 has further 75 locations in 43 countries. Spokane, Washington; New York; Boulder, Colorado; London, England; San Jose, California; and San Francisco, California are all notable office sites. Services like account management, worldwide services support, product development, manufacturing, software engineering, and administrative roles are handled at these offices.

Almost 48 of the Fortune 50 companies are F5’s customers for load balancing, Layer 7 application security, fraud prevention, and API administration. Some of the clients of F5 include – Microsoft, Oracle, Alaska Airlines, Tesla, and Meta.

F5 – Industry

F5 Inc. belongs to the industry of IT, internet, and software and services. With the increased digitization, the spending by cloud-computing companies has seen a great rise in the past few years. The global cloud computing market size is expected to grow from $445.3 billion in 2021 to $947.3 billion by 2026, at a CAGR of nearly 16%.

F5 – Founder and Team

F5 Inc. was founded by Jeff Hussey in 1996. The other key people of the company are François Locoh-Donou who is the CEO and Scott Rogers who is the Executive Vice President & General Counsel.

Jeff Hussey

Jeff Hussey founded the company in 1996 and served as the CEO of the company for six years. He has a Master’s degree from the University of Washington and has acquired a Bachelor’s degree in Finance from Seattle Pacific University. Jeff has worked at many companies serving in senior roles. After a stint of six years at F5, Jeff left the company to start another one in the same domain called Tempered Networks in 2014.

François Locoh-Donou

François Locoh-Donou is presently the CEO and President of F5, and a member of the Board of Directors. He has Engineering degrees from France’s École Centrale de Marseille and Télécom ParisTech, as well as an M.B.A. from Stanford Graduate School of Business. Along with the existing role, he is also the co-founder and Chairman of Cajou Espoir. It is a non-profit organisation that focuses on cashew processing. He also serves on the board of Capital One Financial Corporation (NYSE: COF).

Scot Rogers

Scot Rogers serves as the Executive Vice-President and General Counsel at F5. A graduate of the University of Texas, Roger has played influential roles at many enterprises. Besides this, he has eight years of experience as a commercial litigator.

F5 – Startup Story

Dating back to 26 years ago, F5, Inc. was founded in 1996 as “F5 Labs” and was earlier known as “F5 Networks, Inc.” Today, the company’s public name just refers to be called “F5”.

In 1997, the F5 network introduced its first product, the BIG-IP load balancer. BIG-objective IPs were to redirect server traffic away from congested servers.

In 1999, the company went public and was listed on the NASDAQ stock exchange under the ticker FFIV.

F5 network was initiated with application delivery controller or ADC technology and has now evolved into the application layer, automation, multi-cloud, and security services. Since then, the company decided to push itself and reinvent itself in the face of ransomware, data leaks, DDoS, and other attacks on organisations of all sizes.

It was later in 2017, in a homage to the company’s origins, F5 developed a dedicated site and organisation focused on gathering global threat intelligence data, researching application risks, and publishing relevant discoveries, named “F5 Labs.” The company’s team still likes to do research and findings every week. As of July 2022, F5 reports having approximately 6,900 employees in the company.

In 2017, F5 confirmed that the company would relocate from its long-standing offices on the waterfront at Seattle Center to F5 Tower, a downtown Seattle skyscraper.

Among F5’s personnel are NGINX author Igor Sysoev, Dahl-Nygaard laureate Gilad Bracha, Google click fraud czar Shuman Ghosemajumder, and Defense.Net founder Barrett Lyon.

F5 – Name, Logo, and Tagline

F5 – Logo and Tagline

F5, Inc. was formerly known as F5 Networks. Before it was named F5 Networks, the company was initially known as ‘F5 Labs’.

The tagline of F5 reads, “Solutions for an application world”

F5 – Mission and Vision

F5 network’s vision says, “Enable your organization to better respond to and anticipate customer needs today and tomorrow.“

F5 – Business Model

F5’s business mainly revolves around a B2B model as they provide various application-related services for security reasons and products for various technologies. As mentioned they have top clients like Oracle, Alaska Airlines, Tesla, Microsoft, and Meta (Facebook).

Let’s take a brief look at the products and services offered by F5 Inc.:

BIG-IP

BIG-IP is a product line that includes hardware, modularized software, and virtualized solutions that run the F5 TMOS operating system. F5’s BIG-IP features the following products-

BIG-IP Access Policy Manager
BIG-IP Advanced Firewall Manager
BIG-IP Carrier-Grade NAT (CGNAT)
BIG-IP Advanced WAF
BIG-IP Local Traffic Manager
BIG-IP Next Service Proxy for Kubernetes
BIG-IP SSL Orchestrator

BIG-IP Deployment

F5 network offers products to deploy clients’ applications either on-premises or on the cloud. These includes:

BIG-IP VIPRION Chassis and Blades
BIG-IP iSeries Appliances
Cloud-Native Network Functions
VELOS Chassis and Blades

BIG-IQ Centralised Management

F5 network has designed the BIG-IQ centralised management to manage all the BIG-IP devices and services in one unified platform.

DDoS Hybrid Defender

F5 network’s DDoS protection is for the network and at the application layer that is flexible and scalable for clients’ hybrid deployment.

Distributed Cloud Services

F5 network offers distributed cloud services to simplify deployment and other operations for its customers’ apps. These include:

DDoS Protection
Bot Defense
API Security
Aggregator Management
Client-Side Defense
Multi-Cloud Transit
Load Balancer & K8 Gateway
Account Protection
Cloud-based Platform Overview

NGINX

F5 network offers high-performance app delivery, known as NGINX that modernises apps at scale, from monoliths to microservices, and also supports regular software updates. There are hourly and annual subscription choices available, as well as various degrees of support, professional services, and training.

Various F5 network NGINX services are:

NGINX Controller
NGINX Open Source
NGINX App Protect
NGINX Ingress Controller
NGINX Controller
NGINX Service Mesh
NGINX Amplify

Silverline Managed Services

F5 network offers other security services for apps like:

Silverline Web Application Firewall
Silverline Shape Defense
Silverline DDoS Protection

F5 – Revenue Model

The company reported a revenue of $2.6 billion in the year 2021 which is nearly 11% year-over-year growth. The operating income was $394 million in the same year. It has announced a 4% revenue growth in the fiscal 2022 third quarter, including a 38% growth in software revenue.

Hardware solutions such as the BIG-IP iSeries systems continue to account for the majority of F5’s revenue. Furthermore, the business has begun to provide more modules on its proprietary operating system, TMOS (Traffic Management Operating System.) Other services from which F5 Inc. generates revenue by providing various organizations that access the running of BIG-IP, and deploy load balancing, Layer 7 application firewalls, single sign-on (for Azure AD, Active Directory, LDAP, and Okta), as well as enterprise-level VPNs.

F5 – Technology Alliances

F5 Inc. has partnered with some of the major companies to provide its cloud-computing services. It has teamed up with the world’s leading technology companies like:

Amazon Web Services (AWS)
Google Cloud Platform
Microsoft Azure
Cisco
HashiCorp
IBM
Red Hat
Intel
OpenStack
Ansible
Alibaba Cloud
Equinix
VMware

F5 – Funding and Investors

F5 has raised two funding rounds and the latest funding was raised with an undisclosed amount on Nov 8, 2020, from a Post-IPO Equity round. The money raised by the F5 network for its IPO in 1999 was $30 million.

F5 is backed by two investors. The most recent investors are Elliott Management and Ridge Ventures.

F5 – Mergers and Acquisitions

F5 network has bought around 12 companies. Threat Stack was their most recent purchase, which occurred on September 20, 2021. F5 network purchased Threat Stack for $68 million.

Date	Acquiree Name	Amount
September 20, 2021	Threat Stack	$68 million
January 7, 2021	Volterra	$500 million
December 19, 2019	Shape Security	$1 billion
Mar 11, 2019	NGINX	$670 million
May 22, 2014	Defense.Net	–
September 17, 2013	Versafe	$92 million
February 11, 2013	LineRate Systems	–
February 20, 2012	Traffix Systems	$135 million
August 15, 2011	Crescendo Networks	–
August 6, 2007	Acopia Networks	$210 million
September 6, 2005	Swan Labs	$43 million
June 2, 2004	MagniFire Websystems	$ 29 million

F5 – Online and Social Media Presence

The company seems to have a very well-established online and social media presence on almost every major platform.

Facebook – 19,430 followers
Twitter – 45.2K followers
LinkedIn – 284,031 followers
YouTube – 14.3K subscribers
Instagram – 4.7K followers

F5 – Advertisements and Social Media Campaigns

The company has posted a lot of videos regarding its services and products to give a brief idea of how it works. Along with posting various videos regarding its services, F5 has also posted about its customer success stories. The company indulged in an advertisement with the message that F5 is a strong force for making cybersecurity personal.

F5 Advertisement – A Force For Making Cybersecurity Personal #AForceFor

F5 – Awards and Achievements

Awards won by F5 Inc. are:

F5 has won the 2020 Puget Sound Business Journal’s Top Corporate Philanthropists.
India’s 50 Great Mid-size Workplaces — Great Place to Work®
F5 has won the 2020 Governor’s Volunteer Service Award.
F5 was named in the Top 10 in the Tech Hardware sector for America’s Most Just Companies (2020).
F5 won NetworkWorld Asia Information Management Awards 2018.
F5 won SC Awards 2018 — Best Web Application Solution.
F5 captured the award for BIG-IP Application Security Manager and Silverline Web Application Firewall service.

F5 – Competitors

The top competitors of F5 Inc. are:

Citrix
A10 Networks
Akamai
Barracuda
Imperva
Fortinet
Cloudflare

F5 – Future Plans

As F5 has reported a 4% revenue growth in the fiscal 2022 third quarter, it seems to have further solid plans for the upcoming fourth quarter.

CEO and President, François Locoh-Donou says, “With our intense business transformation efforts over the last five years, we have built a stronger and more resilient F5, as evidenced by our 72% revenue from recurring sources in the quarter. As a result, we have increased confidence in our ability to deliver sustained revenue and earnings growth.”

F5 network is expecting to deliver revenue in the range of $680 million to $700 million, with non-GAAP earnings in the range of $2.45 to $2.57 per diluted share in the coming fourth quarter of the fiscal year 2022.

FAQs

Is F5 a global company?

F5 is a global company entrusted by the world’s largest and most successful businesses, consumer brands, and government organizations for the delivery and security of their applications.

Who founded F5?

Jeff Hussey founded F5 Inc. (formerly known as F5 Networks) in the year 1996.

When did F5 go public?

F5 Inc. went public and was listed on the NASDAQ stock exchange in the year 1999. The company sold 2.86 million shares at $10 per share.

What are F5 Big-IP devices?

F5’s BIG-IP comprises various software and hardware products that are designed around application performance, automation, access control, and security solutions.

Where is F5 Inc. headquarters?

F5 Inc. has its headquarters in Seattle, Washington, United States.

What are F5 products?

F5 Inc.’s products include:

BIG-IP
BIG-IQ Centralized Management
DDoS Hybrid Defender
Distributed Cloud Services
Global Server Load Balancing
NGINX
Silverline Managed Services

August 26, 2022

Mandiant – What Makes This American Cybersecurity Firm So Successful?

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

It was around the 1990s when hacking cases were growing immensely strong, posing a potential threat to all the assets stored in cyberspace.

In a hyped-up world where everyone is too invested in virtual reality and the internet, shielding cyberspace is something that we don’t usually pay attention to.

The presence of a solid approach regarding cybersecurity is highly crucial for your organization’s data protection. It can deal with hacking cases and help monitor the entire operation to keep away from any kind of red flags. Early detection of cyberattacks can help save costs and time from further damage. For such prevention, cybersecurity firms exist to provide a defence mechanism against cybercrimes. A cybersecurity consultancy is a key business service that may significantly improve an organization’s data security.

If there’s any organisation that offers the best regular monitoring and reviewing operations related to cyber security, then it is Mandiant. The company was founded in 2004 by Kevin Mandia, Mandiant is an American cybersecurity firm that deals in providing dedicated strategies for the cybersecurity of private enterprises, government agencies, and law companies.

Let’s find out more about how Mandiant works, its founders and team, acquisitions, business and revenue model, the number of employees working, and a lot more other relevant information.

Mandiant – Company Highlights

Startup Name	Mandiant
Headquarters	Reston, Virginia, USA
Sector	Computer and Network Security
Type	Public
Founder	Kevin Mandia
Founded	2004
Revenue	$483.4 million (2021)
Owner	Google
Website	mandiant.com

Mandiant – About
Mandiant – Industry
Mandiant – Founders
Mandiant – Startup Story
Mandiant – Name, Logo, and Tagline
Mandiant – Mission and Vision
Mandiant – Business Model
Mandiant – Revenue Model
Mandiant – Funding and Investors
Mandiant – Mergers and Acquisitions
Mandiant – Challenges Faced
Mandiant – Social Media Presence
Mandiant – Advertisements and Campaigns
Mandiant – Awards and Achievements
Mandiant – Competitors
Mandiant – Future Plans

Mandiant – About

Mandiant was established in 2004 by a former the United States Air Force officer, Kevin Mandia. The company was previously known as Red Cliff Consulting.

As a publicly traded company, Mandiant is a cybersecurity firm and is regarded as the industry leader in threat intelligence and knowledge earned on the frontlines of cyber security by corporations, governments, and law enforcement organisations worldwide.

The company has a strong approach to offering a more assured approach by expanding its knowledge and intelligence through the Mandiant Advantage SaaS platform to offer current intelligence, automation of alarm investigation and prioritisation, and certification of security control solutions from many vendors. It has created the most complete collection of threat activity accessible by integrating machine, breach, adversary, and operational intelligence.

Mandiant boasts of having a comprehensive insight into global attacker behaviour, which is built into the Mandiant Intel Grid. Mandiant’s products are endorsed to deliver its clients an impressive cybersecurity experience. With a presence in almost 26 countries, Mandiant is located with experts like threat researchers, reverse engineers, intelligence analysts, and incident responders.

Mandiant’s team consists of specialists who have said to work on the front lines of cybersecurity throughout the world by mapping the threat environment, addressing the most complicated breaches, and actively working with the most recent technology stacks to suit the demands of any customer. As of 2021, Mandiant has a total of 1,000–2,000 people employed in its company.

Mandiant – Industry

It was recorded that during the pandemic in 2020, cybercrime rose to nearly 600%. There were many cybercrime and scams related to Covid-19, that people fell trapped into. Ever since lockdowns, there have been vulnerabilities in cyberspace. This only suggests that it is imperative to have a managed security provider for organisations and governments.

As a result, to prevent cyber attacks and crimes, there will be a growth of many cybersecurity companies and security operations centre services. It is expected to grow to $1.6 billion by 2025 from $471 million in 2020 at a CAGR of 28.6%.

Mandiant – Founders

Mandiant was founded by Kevin Mandia in 2004.

Kevin Mandia

Kevin Mandia, the founder of Mandiant, also serves as the company’s Chief Executive Officer (CEO) and Board of Directors. As a former the United States Air force officer, Kevin served as a computer security officer in the 7th Communications Group at the Pentagon and was also a special agent in the Air Force Office of Special Investigations (AFOSI). From an educational perspective, he graduated from Lafayette College with a B.S. in Computer Science and has also earned an M.S. in Forensic Science from George Washington University.

Kevin Mandiant has 20+ years of experience in information security and has been on the front lines assisting corporations in responding to computer security incidents. Prior to Mandiant, Kevin played important roles in various companies related to information security.

Mandiant – Startup Story

Mandiant was initially founded as Red Cliff Consulting in 2004 and rebranded to Mandiant in 2006. It took some years for Mandiant to establish itself in the information security world. It was after receiving funds from Kleiner Perkins Caufield & Byers, an American Venture Capital firm, that Mandiant expanded its operations and started providing cybersecurity consultancy to leading global enterprises, governments, and Fortune 100 companies.

After making a name in the cybersecurity market, Mandiant released a report in 2013. The report was a study detailing evidence of People’s Liberation Army cyber assaults against at least 141 organisations in the United States and other developing nations dating back to 2006, carried out by Pudong-based PLA Unit 61398. During the same year, the company was acquired by FireEye (now Trellix) for $1 billion.

In 2020, Mandiant launched a program called ‘Mandiant Advantage’. It is a subscription-based SaaS tool meant to supplement and automate security response teams by combining Mandiant threat information and data from cyber incident response engagements.

Recently, Mandiant was acquired by Google for $5.4 billion to boost its in-house cyber security resources by integrating into the Google cloud division.

Mandiant – Name, Logo, and Tagline

Mandiant – Logo and Tagline

When the company was founded, it was named Red Cliff Consulting until rebranding to its current name, Mandiant in 2006.

The tagline of Mandiant goes like this, “Your Cybersecurity Advantage”

Mandiant – Mission and Vision

The mission of Mandiant states, “We are on a relentless mission to make every organization secure from cyber threats and confident in their readiness.”

Mandiant – Business Model

Mandiant operates on a B2B model by providing various services related to cyberattacks along with security consulting to many organisations and enterprises alike.

Mandiant services include a lot of cyber threat intelligence solutions, strategies, and other platforms for international businesses and government organisations to deal with cybercrimes and reduce threats of hacking.

Some of the major areas of services provided by Mandiant are:

Incident Response Service
Cyber Security Due Diligence
Cyber Security Program Assessment
Cyber Defense Operations
Microsoft Office 365 Assessment
Compromise Assessment
Cyber Defense Assessment
Incident Response Retainer
Cyber Defense Center Development
Applied Intelligence
Cyber Threat Profile
Cloud Architecture Assessment: Azure, AWS, GCP
Penetration Testing for Mobile
Penetration Testing for Wireless

The above-listed points are some of the services by Mandiant that help establish and implement critical security changes needed to have a proper and effective cyber defence system.

In addition to these services, Mandiant also offers a multi-vendor XDR platform that provides security teams of all sizes with experience and frontline intelligence. The platform is an automatic format that is powered through the automation of Mandiant expertise that automatically controls its customer’s existing security investments. The Mandiant Advantage Platform also offers flexible delivery of engagement as per customers’ requirements. The platform also constantly monitors its customers’ attack surface and internal controls to drive prioritisation and focus on any kind of threats.

Mandiant – Revenue Model

Mandiant Sales/Revenue from 2017 to 2021

As per Mandiant financial reports, the company derives a majority of its revenue by offering threat intelligence and consulting services. Besides this, the company’s recurring revenue continues to grow at a CAGR of 24%. Mandiant reported revenue of 483.4 million USD for the year 2021 which was nearly a 20% increase from the 399.7 million, revenue recorded in 2020.

Mandiant – Funding and Investors

Mandiant has received $70 million in investment across two waves. Their most recent funding came from a Private Equity round on July 22, 2011.

Date	Funding Round	Funding Raised
July 22, 2011	Private Equity Round	$70 million
October 19, 2006	SERIES A	—

Mandiant is backed by four investors. The most recent investors are JP Morgan Chase and One Equity Partners. The other two investors are Kleiner Perkins and Jim Ellsworth.

Mandiant – Mergers and Acquisitions

Mandiant has acquired two companies. On August 10, 2021, the company made its most recent purchase of Intrigue Corporation. The other company acquired by Mandiant is Unveillance on September 10, 2012. The amount for both acquisitions is undisclosed.

Mandiant – Challenges Faced

In the digital era, cyber crimes go hand in hand, which is why the need for a cyber security strategy is essential. As Mandiant focuses on providing security services to combat threats, one of the biggest challenges for them is to stay updated regarding the various types of cybersecurity challenges like phishing attacks, cloud attacks, cryptocurrency and blockchain-related attacks, etc. The company needs to push its business against data security dangers.

Mandiant – Social Media Presence

Mandiant has its presence on almost all major social media channels.

You can follow the company on Facebook, Twitter, LinkedIn, and YouTube.

Facebook – 2,384 followers
Twitter – 117.3K followers
LinkedIn – 113,856 followers
YouTube – 3.39K subscribers

Mandiant – Advertisements and Campaigns

Mandiant has posted various videos on cyber crimes happening around the world on its YouTube channel. Through its videos, the company highlights the consequences of a cyber attack and how important it is to stay updated and have a strong security strategy.

Not so long, the company launched a campaign #StayRelentless against cyber threats with Mandiant. The video speaks about how Mandiant has the potential to fight the continuous battle against cyber criminalities in the modern day of digitisation.

Mandiant Advertisement – StayRelentless Against Cyber Threats

Mandiant – Awards and Achievements

Below is the list of awards and achievements won by Mandiant:

Mandiant has won SC Europe Awards – 2022.
Mandiant won the Top Work Places – in 2022.
Mandiant received Global INFOSEC Awards Winner – Cyber Defense Magazine – 2022.
Mandiant has won CRN Security 100 – 2022.
Mandiant was the winner of the Cyber Security Excellence Awards – 2022.

Mandiant – Competitors

Some of the top competitors of Mandiant are:

Anomali
IBM
Digital Shadows
Proofpoint
ZeroFOX
Click Security
Broadcom (Symantec)
IntSights
Recorded Future
RiskIQ

Mandiant – Future Plans

The company plans to continue building Mandiant Advantage strategy, automating human tasks and applying machine learning to create a super analyst. Also, the acquisition of Mandiant by Google is proof that the company’s business is only going to upscale. Google’s decision to acquire Mandiant for boosting its cloud security business can only tell that Mandiant’s revenue growth can touch an unexpected height. With this only time can tell what exactly the future holds for Mandiant.

FAQs

What is Mandiant used for?

Mandiant is known for providing threat insights to public and private organizations in the early stage through its unmatched intelligence and response expertise.

Is Mandiant a US company?

Yes, Mandiant is a US-based company with its headquarters situated in Reston, Virginia, USA.

Does Google own Mandiant?

Google acquired Mandiant on 8th March 2022 for $5.4 billion. Google acquired the company with the aim to establish a stronghold in the cloud market.

Does FireEye own Mandiant?

No, FireEye does not own Mandiant anymore as last year in 2021, they announced their split. FireEye acquired Mandiant in 2013. However, it became a standalone business in 2021 when its product business was sold to the private equity firm Symphony Technology Group (STG) for $1.2 billion.

Who are Mandiant competitors?

Some of the prominent competitors of Mandiant are:

Anomali
IBM
Digital Shadows
Proofpoint
ZeroFOX
Click Security
Broadcom (Symantec)

August 25, 2022

Success Story of Cipla | How This Indian Pharma Company Became a Global Name?

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

Pharma industries are one of the most crucial industries as they are considered the largest contributors to a country’s economy. We know, that the pharma industries are responsible for creating several medicines. In India, pharmaceutical companies are growing at a rapid rate, which makes India among the top pharmaceutical exporting countries.

Pharmaceutical companies have made tremendous advancements in the field of biomedical science and offer numerous solutions to mankind with their innovative and effective medicines.

Cipla is one such Indian multinational pharmaceutical company that develops various medicines to treat different types of diseases. It was founded in 1935 and has its headquarters in Mumbai.

Read on to find out more about Cipla. In this article, you will come across Cipla’s startup story, its founders, business model, revenue growth, challenges faced, awards achieved by Cipla, and more.

Cipla – Company Highlights

Startup Name	Cipla Limited
Headquarters	Mumbai, Maharashtra, India
Sector	Pharmaceuticals
Founder	Dr. Khwaja Abdul Hamied
Founded	1935
Type	Public
Revenue	$2.7 billion (FY21-22)
Website	cipla.com

Cipla – About
Cipla – Industry
Cipla – Founders and Team
Cipla – Startup Story
Cipla – Name, Logo, and Tagline
Cipla – Mission and Vision
Cipla – Business Model
Cipla – Revenue Model
Cipla – Investments
Cipla – Mergers and Acquisitions
Cipla – Shareholding
Cipla – Online and Social Media Presence
Cipla – Advertisements and Social Media Campaigns
Cipla – Awards and Achievements
Cipla – Challenges / Controversies faced
Cipla – Competitors
Cipla – Future plans

Cipla – About

The Indian multinational pharmaceutical business, Cipla Limited is based in Mumbai. Founded by Khwaja Abdul Hamied in 1935, the pharma company focuses on creating medications to treat a variety of illnesses, including asthma, cardiovascular diseases, arthritis, diabetes, depression, and many others.

Cipla aims to never stop working to make sure that patients in need have access to high-quality, reasonably priced medications. For the past eight decades, medical professionals and patients worldwide have trusted Cipla because of this.

Care has been the cornerstone on which Cipla as an organisation has been constructed, brick by brick. The company has expanded its footprint to 80+ markets and provides more than 1,500 medications across numerous therapeutic categories in 50+ dosage forms. Currently, Cipla is expanding its footmark in key areas including India, South Africa, and the United States as well as other developing nations’ economies in an effort to make healthcare more accessible globally. Cipla is also present in countries like – Kenya, Australia, South Africa, the USA, Europe, Malaysia, Morocco, Nepal, Sri Lanka, Uganda, and United Kingdom.

Cipla – Industry

The Indian pharmaceutical industry is the world’s 3rd largest by volume and 14th largest in terms of value. According to the Indian Economic Survey 2021, the domestic market is expected to grow 3 times in the next decade.

It is reported that India supplies around 20% of the generic medicines globally in terms of volume. As already mentioned, the Indian pharmaceuticals industry is among the top 10 for having the highest value of drugs and medicines during 2020.

Cipla – Founders and Team

Cipla Limited is founded by Dr. Khwaja Abdul Hamied in 1935.

Khwaja Abdul Hamied

Dr. Khwaja Abdul Hamied laid the foundation of Cipla in 1935. Dr. Hamied was born to Khwaja Abdul Ali and Masood Jahan Begum in Aligarh, Uttar Pradesh in 1898. He was a follower of M.K. Gandhi and also a founder professor along with Zakir Husain of Jamia Millia Islamia, Aligarh, which is now based in Delhi. Dr. Hamied received his undergraduate degree from Allahabad University, Uttar Pradesh, and his Master’s and Doctoral degrees from the Humboldt University of Berlin, Germany. Dr. Hamied was a scientist who opposed imperialism and was a nationalist and freedom fighter in India.

Dr. Khwaja Abdul Hamied started Cipla with a very strong aim, “Never again will India be starved of essential drugs.“

Yusuf Khwaja Hamied

Yusuf Khwaja Hamied is the Non-Executive Chairman of Cipla Limited. An Indian scientist and billionaire businessman, Yusuf took over the company after his father, Dr. Khwaja Abdul Hamied. His popularity is known outside the national boundaries as he is best recognised for fighting against powerful Western pharmaceutical companies to offer affordable generic AIDS medications and therapies for other illnesses that largely afflict people in developing nations. Additionally, he was chosen as a fellow of the Indian National Science Academy.

Umang Vohra

Umang Vohra is the Managing Director and Global CEO of Cipla Limited. He has done Bachelor of Engineering in Computer Science from M.S. Ramaiah Institute of Technology, Bengaluru, Karnataka and got his degree in Master of Business Administration from T.A.Pai Management Institute, Karnataka. Umang was also Head of the North America business at Dr Reddys Laboratories, and Manager, Financial Planning at Pepsico India.

Cipla – Startup Story

The history of Cipla goes back to 1935 when Dr. Khwaja Adbul Hamied founded one of the leading pharma companies in India. Initially, the company was known as, ‘The Chemical, Industrial & Pharmaceutical Laboratories.’ Later on, in 1984, the company was named ‘Cipla Limited.’

It was in 1968 when Cipla’s revenue crossed over Rs 1 crores. Soon after, at Mumbai Central Headquarters, an ORG 2001 computer was installed by the company to streamline the payroll and financial accounting processes, saving 20 days of labour from seven people. Then in 1991, the turnover of Cipla crossed Rs 100 crores.

The first oral iron chelator in history, Deferiprone, was introduced by Cipla in 1995. Antiretrovirals for HIV treatment were made available by the company in 2001 for less than $350 per patient annually.

In order to give patients with real-time monitoring, coaching, and advice, Cipla has partnered with Wellthy Therapeutics in India and Brandmed in South Africa in 2019. This collaboration combines behavioural science, actual clinical evidence, and artificial intelligence.

During the covid-19 outbreak, the establishment of Maharashtra’s only pediatric isolation facility specifically for COVID-19 is supported by Cipla Foundation.

The company completed its 85 years on 17th August 2020. The Cipla Foundation is said to have given funds to set up a world-class chemistry research laboratory at the Indian Institute of Science Education and Research (IISER) Pune.

Now, the company has over 25,000 employees working in the organisation all over the world.

Cipla – Name, Logo, and Tagline

Cipla Limited – Logo and Tagline

The company was first established as ‘The Chemical Industrial & Pharmaceutical Laboratories Ltd. and then later changed its name to Cipla Limited in 1984.

Cipla goes by the slogan, “Caring for Life.”

Cipla – Mission and Vision

Cipla’s values include guiding and conduct in every conversation, organisational decision, and action of its employees.

The mission of Cipla is to be the top global healthcare provider, utilising innovation and technology to cater to all patients’ basic needs.

The mission and vision of the company in the words of Dr. Y K Hamied, Chairman Cipla, “Our work is not just making medicines. It is about making a difference.”

Cipla – Business Model

The business model of Cipla can be called a Generic Pharmaceutical Company (GPC) business model. Cipla is one of the largest pharmaceutical firms in India. The company operates in more than 80 countries and has 47 manufacturing facilities spread across the globe.

Cipla has a wide portfolio of drugs across therapies. Let’s take a look at what Cipla offers:

Therapies

Cipla offers various treatments for diseases like heart failure, MI, lipid abnormalities, angina, hypertension, arrhythmia, diabetes, and obesity.

Respiratory

Cipla has introduced products for Asthma, Chronic Obstructive Pulmonary Disease (COPD), Allergic Rhinitis (AR), and more recently other diseases such as Pulmonary Arterial Hypertension (PAH), lung cancer, and Idiopathic Pulmonary Fibrosis (IPF). Some of the common respiratory products by Cipla are Salbutamol tablets and Salbutamol inhalers.

HIV/AIDS

Cipla is dedicated to the cause of HIV/AIDS by staying true to its motto, ‘None shall be denied.’ To help eradicate AIDS, Cipla introduced the first ever prescribed 3-in-1 fixed-dose combination in the year 2001 (stavudine, lamivudine, and nevirapine). In contrast to the average annual cost of over $12,000 per patient in most developed nations, it was made available for around $350 per year. The WHO and FDA have also approved Cipla’s biggest selection of antiretroviral medications.

Oncology

Cipla was the first company in India to introduce the drugs Vincristine and Vinblastine in 1984. To provide free care for cancer patients who were nearing the end of their lives, the Cipla Palliative Care and Training Centre in Pune was founded in 1997. More than 11,000 patients and their families have received assistance from the Center over the years.

Urology

With products for BPH (Benign Prostatic Hyperplasia), prostate cancer, urinary stones, hypogonadism, and sexual dysfunction conditions, Cipla has a sizable presence in the field of urology.

Cardio Metabolism

Products like Propranolol, which was introduced in 1972, were the company’s first fight against heart problems. For diabetes, Cipla has introduced several pills like Metformin, Metformin plus Glimepiride, and Metformin plus Glimepiride plus Pioglitazone.

Child Health

Cipla is present in nine essential pediatric therapeutic segments like Anti-bacterial, Gastrointestinal, Anti-asthmatics, Chelation therapies, etc.

Infectious Diseases & Critical Care

Cipla has products like Tazobactam + Pipercillin, Colistin, Vancomycin, Paracetamol Infusion, etc. to fight various types of infections caused by viruses or bacteria.

Hepatitis

Cipla has managed to produce drugs to treat diseases like Hepatitis B & C.

Women’s Health

Cipla launched Clominphene citrate for infertility in women in 1979. Since then, the company has created a range of products to improve the overall health of women. The company has medication to help women at every stage of their lives, from managing polycystic ovarian syndrome to maintaining early pregnancy, from reducing post-partum haemorrhage to hormone treatment, to addressing menopausal difficulties. It has expanded its global product offering for women’s health to a number of nations.

Ophthalmology

Cipla Ophthalmology is aimed at treating diseases like glaucoma, infective keratitis, and endophthalmitis in association with the All India Ophthalmology Society.

Cipla’s R&D main areas of interest were the creation of novel formulations, drug delivery methods, and APIs (active pharmaceutical ingredients). In addition, Cipla collaborates with other businesses on projects involving consultation, commissioning, engineering, project evaluation, quality control, know-how transfer, support, and plant supply.

Some of the major products under the label of Cipla are:

Cofsils – Provide relief from sore throat and cough
Ciphands – Range of hand sanitisers, hand rubs, and surface sprays.
Nicotex – A range of products to quit smoking.
CIPREMI – Gilead Sciences’ Remdesivir for emergency COVID-19 treatment for critical patients.

Cipla also offers many Covid-19 diagnostics products for easy accessibility. It has products like- CIPTest, CIPtest Plus, and ViraGEN.

Cipla Palliative Care and Training Centre

To treat patients who have a serious illnesses and support them with the best possible facilities and care. The company has teamed up with the government, public health institutions, local administration, NGOs, and frontline workers to treat and take care o people who were affected because of covid.

Cipla’s main area of focus is on health, education, skill development, and environmental sustainability & disaster response.

Cipla – Revenue Model

Cipla Limited Revenue from FY2016 to FY2022

Cipla mainly generates its revenue by selling active pharmaceutical ingredients to other manufacturers as well as pharmaceutical and personal care products.

The company’s revenue for FY21-22 is $2.7 billion ( Rs 21,763 crores). This was nearly a 14% Y-o-Y growth in the revenue from $2.4 billion (Rs 19,160 crores) in FY20-21. The profit recorded by the company in FY21-22 stood at $315 million (Rs 2,517 crores) which was nearly a 4% increase from $301 million (Rs 2,405 crores) in FY20-21.

Cipla – Investments

As of 2022, Cipla has made four investments. Their most recent investment was on June 28, 2022, when GoApptiv raised ₹260 million. The other investments are:

Date of Announcement	Company Name	Funding Round	Money Raised
June 28, 2022	GoApptiv	Corporate Round	₹260 million
Jun 10, 2020	GoApptiv	Corporate Round	$1.2 million
Feb 18, 2019	Wellthy Therapeutics	Corporate Round	$1.5 million
MAY 12, 2014	Chase Pharmaceuticals	Series B	$21 MILLION

Cipla – Mergers and Acquisitions

Cipla has acquired six organizations. Their most recent acquisition was Mirren Pty Ltd. for $33 million on July 12, 2018. The other acquisitions are:

Acquiree Name	Date of Acquisition	Amount
Mirren Pty Ltd.	July 12, 2018	$33 million
Exelan Pharmaceuticals	September 4, 2015	$50 million
InvaGen Pharmaceuticals	September 4, 2015	$500 million
Quality Chemicals Ltd.	May 25, 2015	$30 million
Cipla Medpro South Africa Ltd.	July 16, 2013	$512 million
Meditab Specialities	Nov 23, 2011	$16.7 million

Cipla – Shareholding

The equity shares of Cipla are traded on the National Stock Exchange of India (CNX Nifty) and the Bombay Stock Exchange (BSE). The Luxembourg Stock Exchange lists its Global Depository Receipts (GDRs). The prominent shareholders of the company include the Promoter and Promoter Group, Foreign Institutional Investors, Indian Institutional Investors, GDR, and Others.

Cipla – Online and Social Media Presence

The company have a very influential social media presence. It can be seen from the number of social media accounts they have on popular platforms like:

Facebook Page – 78,712 followers
LinkedIn Page – 958,173 followers
Instagram Page – 9.9K followers
Twitter Page – 32.2K followers
YouTube – 8.63K subscribers

The followers and subscribers count are as of August 2022.

Cipla – Advertisements and Social Media Campaigns

Quite recently, Cipla has launched an ad on various digital mediums, TV, cinema, and social media platforms with their new brand ambassador Ayushmann Khurrana. The company through this advertisement wants to raise people’s awareness of the value of taking multivitamin pills daily. The brand wanted to capture people’s attention through Ayushmann about keeping oneself fit and having stamina and energy in day-to-day life.

Cipla Health Campaign starring Ayushmann Khurrana

Another major campaign by Cipla is the ‘Berok Zindagi campaign’ with hashtags like – #InhalerHainSahi and #SayYesToInhalers. There are many campaigns featuring different actors who share their stories of having asthma and how using an inhaler is absolutely safe and easy to use even for kids as well. With regard to this campaign, there is also a song that was launched with the song name ‘Inhalers Hain Sahi’. It is sung and composed by renowned music composer Amit Trivedi.

Cipla – Berok Zindagi Campaign

Cipla – Awards and Achievements

Here’s the list of major awards won by Cipla:

Cipla received Economic Times Family Business Award.
Cipla won the 4th India Logistics and Warehousing Excellence Awards 2022.
BW Businessworld featured Cipla amongst the Top 40 BW Most Sustainable Companies in India.
Cipla scores highest among pharma companies in CRISIL’s Sustainability Rating 2022.
Cipla bags the first prize in the GOQii Corporate Challenge at an organisational level.
Cipla was recognised at the 35th Goa Statehood Day for contributing significantly to healthcare in the state of Goa.
ET Brand Equity Kaleido Awards 2022.
Best New Product Introduction/ Promotion in the U.S. Generic Industry – Cipla USA Inc.
Cipla won Silver in Public Awareness Campaign in Healthcare & Wellness Category – Berok Zindagi.
Cipla receives the India Pharma Leader of the Year Award.
Cipla receives US-INDIA Trade Award – “Pharma & Healthcare” Category.
Cipla won Bronze in Best Integrated Report (Large Company) Category – Cipla Integrated Report.
Cipla was recognised as an Industry Mover in the S&P Global Sustainability Yearbook 2022.

Cipla – Challenges / Controversies faced

Just like any business, Cipla had to go through some challenges and criticism. An over-the-counter emergency contraceptive medication known as the “i-pill” was introduced by the company in August 2007. The company faced a lot of objections because it could be purchased without a prescription and carried a significant amount of medication in each dose.

Cipla – Competitors

Some of the top competitors of Cipla are:

Sun Pharma
Divi’s Laboratories
Dr. Reddy’s Laboratories
Torrent Pharma
Abbott India
Gland
Alkem Lab
Pfizer
AstraZeneca
Procter&Gamble

Cipla – Future plans

Presently, Cipla is planning to scale-up injectables with five packings in the USA. Additionally, it is also thinking to gear up and launching high-quality products for generic versions.

With the rising cases of monkeypox, Cipla is also looking for opportunities to tie up with different partners in combating the new virus.

FAQs

Who founded Cipla?

Khwaja Abdul Hamied founded Cipla Limited in the year 1935. The Indian pharma company has its headquarters in Mumbai, Maharashtra, India.

Who is the owner of the Cipla medicine company?

Yusuf Khwaja Hamied is the non-executive chairman and owner of the medicine company, Cipla Limited.

Who is Umang Vohra?

Umang Vohra is the current Managing Director and Global CEO of the Indian pharmaceutical company, Cipla Limited.

What is Cipla’s revenue in 2022?

Cipla Limited revenue for FY21-22 is $2.7 billion ( Rs 21,763 crores).

Which is the best medicine company in India?

The best medicine companies in India are:

Sun Pharma
Divi’s Laboratories
Cipla Limited
Dr. Reddy’s Laboratories
Torrent Pharma
Abbott India
Alkem Lab

August 24, 2022

Crompton Greaves Consumer Electricals Limited – The Success Story of the Indian Electrical Equipment Company

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

Electricity, ever thought what would have happened to us if it wasn’t invented? The lights that we need during nighttime, watching television, electric stove, microwave, using a computer, and all the other things that require electricity. This is how we have become so dependent on utilising electricity.

The history of electricity can be dated back to some 100 years ago with multiple inventions or key discoveries. More so, consumer electronics are what has become an important part of our lives. It is amazing how we use water heaters, air coolers, kitchen appliances, and other household appliances today.

Advancements in technology are occurring much faster than ever before. With the advent of technology and innovations, a lot of consumer electrical appliances have been invented. Crompton or more commonly known as Crompton Greaves Consumer Electricals Limited is an electrical equipment manufacturer company in India that was founded in 1937.

Discover all about Crompton in this article like Crompton’s industry, founders and team, Crompton success story, business and revenue model, Crompton’s key products, investors, and challenges faced by Crompton.

Crompton – Company Highlights

Startup Name	Crompton Greaves Consumer Electricals Limited
Headquarters	Mumbai, Maharashtra, India
Sector	Consumer electronics
Founder	R. E. B. Crompton
Founded	1937
Status	Public
Revenue	$676.8 million (FY22)
Website	crompton.co.in

Crompton – About
Crompton – Industry
Crompton – Founders and Team
Crompton – Startup Story
Crompton – Mission and Vision
Crompton – Name, Logo, and Tagline
Crompton – Business Model
Crompton – Revenue Model
Crompton – Funding and Investors
Crompton – Mergers and Acquisitions
Crompton – Social Media Presence
Crompton – Advertisements and Campaigns
Crompton – Awards and Achievements
Crompton – Challenges Faced
Crompton – Competitors
Crompton – Future Plans

Crompton – About

Crompton Greaves Consumer Electricals Limited was founded in 1937 and has its headquarters in Mumbai. With almost 90+ years of brand history, Crompton is now one of India’s top consumer electrical companies. The company is a competent management-led autonomous firm with two business segments—lighting and electrical consumer durables. These include products like LED lighting, table lamps, pumps, fans, grinders, heater converters, irons, microwaves, chimneys, etc.

Not only India, the company also sells its goods in international markets. Its business is included in the top ten listed Indian consumer durables businesses’ S&P Global BSE Consumer Durables Index.

Crompton – Industry

As per reports, in 2019, the size of the global consumer electronics market was $729.11 billion. The unexpected impact of Covid-19 in 2020 led to a decrease in the demand for consumer goods. During that period, the market saw a decline of -5.4%. However, as per predictions, the market would see a rise from $689.45 in 2020 billion to $989.37 billion in 2027 at a CAGR of 5.3% in the period between 2020-2027.

Crompton – Founders and Team

Crompton was originally founded by Rookes Evelyn Bell Crompton. Currently, Mathew Job is the CEO & Executive at Crompton Greaves Consumer Electricals Ltd., while Shantanu Khosla is the Managing Director.

Rookes Evelyn Bell Crompton

R.E.B Crompton - Founder of Crompton & Co. — R.E.B Crompton – Founder of Crompton & Co.

Born near Thirsk, Yorkshire in 1845, R.E.B Crompton founded Crompton & Co. He is referred to as the frontiersperson of electric lighting and public electricity supply systems. His company Crompton & Co. was one of the world’s first large-scale manufacturers of electrical equipment. He was a founding member of the Royal Automobile Club and a member of the Royal Society. R.E.B Crompton was also a proponent of an international standard for electrical systems from the beginning.

Mathew Job

Mathew Job is the Chief Executive Officer at Crompton Greaves Consumer Electricals Ltd. He is an alumnus of the Indian Institute of Management, Kolkata, where he got his diploma in marketing. Matthew started his career at Phillips Electronics as a Senior Marketing Director for almost 15 years. After working at Phillips, Matthew held several pivotal roles in many organisations both in India and abroad. He has been recognised as one of the Best Leaders in Times of Crisis 2021 by the Great Place to Work Institute.

Shantanu Khosla

Shantanu Khosla is the Managing Director at Crompton Greaves Consumer Electricals Limited (CGCEL). Before serving as the MD at Crompton, Shantanu Khosla was Procter & Gamble’s Managing Director and Chief Executive Officer (CEO). He holds an MBA from the Indian Institute of Management, Calcutta, and a Bachelor of Engineering in Mechanical from the Indian Institute of Technology, Bombay.

Crompton – Startup Story

The startup story of Crompton dates back to 1878, when R.E.B Crompton, founded Crompton & Co. as one of the largest manufacturers of electrical equipment during that time. After a few years, the company was merged with F.A. Parkinson in 1927 to form Crompton Parkinson Ltd. Around 1947, Karam Chand Thapar of the Thapar Group purchased the company.

In 1960, the company was listed as a public company and was changed to Crompton Greaves Limited in 1966.

However, fate took a different turn when Crompton Greaves Limited announced plans to demerge the company in July 2014 in order to separate its consumer goods division from the power and industrial systems section. Crompton Greaves Consumer Electricals Limited (CGCEL) was listed in 2016, with Gautam Thapar selling his 34% stake in CGCEL to Advent International and Temasek Holdings for Rs 2,000 crores. In addition to this, for its industrial goods, Crompton Greaves renamed itself CG Power and Industrial Solutions Limited.

CGCEL’s business is organised into two divisions, which are electrical consumer durables (ECD), including fans, appliances, and pumps. The second category is Lightings, which includes both LED and non-LED goods.

Today, the company is a global leader in the fans business, with a 26% market share. Crompton has manufacturing facilities in Goa, Vadodara, Ahmednagar, and Baddi and its products are available in nearly 150,000 retail stores across the country.

Crompton – Mission and Vision

Crompton likes to work with five pillars of its vision, which are:

Brand Excellence
Portfolio Excellence
Go-to-market Excellence
Operational Excellence
Organisational Excellence

In a report, Matthew Job, the CEO of Crompton mentioned that the company’s vision matches with Prime Minister of India, Narendra Modi’s vision of an Aatmanirbhar Bharat, and plans to offer sustainable measures of living.

Crompton – Name, Logo, and Tagline

Crompton Greaves Consumer Electricals Limited – Logo and Tagline

Crompton Greaves Consumer Electricals Limited derives its name from its founder, R.E.B Crompton. Crompton’s tagline mostly reads as, ‘Let’s Hangout Ghar Pe!’. Its other taglines include ‘Everyday Solutions’, ‘Perfect Design for All Your Needs’ and ‘Smart Solutions, Strong Relationship’.

Crompton – Business Model

The business model can be divided into two units of electrical equipment manufacturing. The company has been a household name due to its wide variety of consumer electrical goods.

It is reported that the company targets customers from the lower-middle-class to middle-class consumers and also in the retail business, wholesalers, with a B2B business model. With manufacturing facilities set up at Goa, Baroda, Ahmednagar, and Baddi, Crompton provides employment to more than 1,500 people across India.

Crompton offers the following consumer goods:

Fans

The company offers a range of fans, which are affordable and cost-efficient. Crompton holds a good name when it comes to its fan collections. It is quite popular and widely used by many Indian houses for its reasonable pricing and innovative designs.

The different types of fans offered by the company are:

Table fans
Ceiling fans – offers options like Silent fans, Ceiling fans with LED lighting, Modern designer fans, Air 360 fans, etc
Pedestal fans
Exhaust fans
Wall Mounted Fans
Kitchen fans

Lighting

Crompton plays it like a smart brand with its comprehensive lighting. They have lighting designs for every mood. Here’s a look at the types of lighting offered by the company:

Smart lighting – Smart LED bulbs, Smart LED Battens
LED Bulbs – like Twist Lamp, 5 Star range Lyor,
Table Lamps
Battens
Conventional Lamps – like Tublelights, Halogen
Ceiling Lighting – LED Recessed Panels, LED surface Panels, LED Spotlights

Home Appliances

Crompton is also engaged in offering electronic home appliances that are needed for everyday use. The products category in Home appliances offered by the company are:

Smart Appliances – Smart Aircoolers, SmartPlug
Heaters and Geysers – Storage water heaters, instant water heaters, immersion rods, etc.
Room heaters – Heat convectors, Ceramic heaters, etc.
Food Preparation – Mixer grinder, Induction cooktop, Electric kettle, etc.
Air Coolers – Personal Cooler, Tower coolers, Window coolers, etc.
Electric Irons – Dry irons, Steam irons

Kitchen Appliances

Crompton has also engaged itself in offering some of the best kitchen appliances. The following are the types of Kitchen appliances by Crompton:

Chimneys – Curved chimneys, Box chimneys, Inclined chimneys, etc
Kitchen Hobs
Dishwashers – Free-standing dishwashers, Built-in dishwashers
Built-in Microwaves and Ovens

Pumps

The company offers an ample range of consumer pumps for utilisation in both household and other special applications. Different consumer pumps offered are:

Agricultural Pumps – Agricultural Submersible Pumps, Centrifugal Monoset
Residential Pumps
Solar Pumps
Speciality Pumps – Dewatering, Pressure Washing, Swimming Pool Pumps, etc.

Crompton – Revenue Model

Crompton Greaves Consumer Electricals Limited Revenue from March 2018 to March 2022

The revenue of the company as of March 31, 2022, stands at $676.8 million (Rs 5,394 crores). Crompton generated $540.9 million (Rs 4,311 crores) from Electric Consumer Durables and $135.9 million (Rs 1,083 crores) from its Lighting Products.

This was nearly a 12.3% increase from the previous year when the company recorded a revenue of $602.6 million (Rs 4,803 crores).

Crompton – Funding and Investors

Crompton Greaves Consumer Electricals has two investors. The most recent investors are Advent International and Temasek Holdings. However, the amount invested is undisclosed.

In June 2022, the company said that it plans to raise long-term funds up to Rs 925 crore through the issuance of NCD (Non-Convertible Debentures) on a private placement basis. The fundraising will however be subject to the company’s borrowing limits as approved by the shareholders.

Crompton – Mergers and Acquisitions

On February 22, 2022, Crompton Greaves Consumer Electricals acquired Chennai-based Butterfly Gandhimathi Appliances. They paid Rs 2,076 crore for the acquisition.

Crompton – Social Media Presence

The social media presence of Crompton can be said to have a decent existence. The company does know how to do social media marketing by targeting its customers based on demographics and psychographics. Its follower and subscriber count as of August 2022 are:

Facebook page has 352,524 followers
The Twitter page has 3,207 followers
The Instagram page has 71.6K followers
The YouTube page has 5.46K subscribers

Crompton – Advertisements and Campaigns

The Secret of Fine Taste Advertisement

Just a few months ago, Crompton launched its latest campaign called “The Secret of Fine Taste”. The campaign was launched with the motive to unveil its range of Ameo Neo Mixer Grinders. The ad shows slipt videos of two people – one using a normal grinder and the other one using Crompton’s mixer grinder. The idea behind this ad is to show how Crompton’s Ameo Neo Mixer Grinder is the perfect way to have a finer grinding outcome as compared to other mixers. The brand has smartly added two subjects to show how one should live life conveniently and enjoy any meal with a finer grinding experience.

The Secret of Fine Taste – Crompton Advertisement

#JaldiCooling

Another campaign by Crompton was called the #JaldiCooling campaign to deliver the message of its air cooler’s ability to cool the room instantly. In just 30 seconds, the brand rightly sends its message and capture’s our attention in the video.

#JaldiCooling – Crompton Advertisement

Crompton – Awards and Achievements

Crompton has won some major awards, which are as follows:

Crompton won the prestigious “Brand of the Decade” award from Herald Global and BARC Asia (2021-2022).
Crompton won the Corporate Award at the 22nd Edition of ‘India’s Top 500 Companies’ Hosted by Dun Bradstreet India (2022).

Crompton – Challenges Faced

One of the major challenges faced by Crompton is the pressure to keep up with the competition. While the company has already made a place in providing quality and durable consumer electrical goods, it still faces competition from other players in the market.

According to a source, the retail business of Crompton was operational in almost 60% of electrical consumer goods stores across the country during 2019-2020.

The shares of Crompton’s market fell at 0.95%, while Nifty gained in a trading session quite recently in June 2022.

Crompton – Competitors

The consumer electrical industry is rapidly growing, so it is obvious that Crompton has some competitors in the market today. Some of the top rivals of Crompton are:

Bajaj Electric
Whirlpool
Symphony
TTK Prestige
IFB Industries
Khaitan Electricals
PG Electroplast
HINDWAREAP
Stove Kraft
Value Ind

Crompton – Future Plans

Crompton’s future plans look like it is planning to launch an in-built kitchen appliances segment in India very soon. They aim to become India’s key player in the kitchen appliances market and expect to earn revenue of around Rs 400 crore from the in-built kitchen appliances themselves.

With their acquisition of Butterfly Gandhimathi appliances, Crompton expects to have benefits on both the cost and revenue front.

FAQs

What type of company is Crompton?

Crompton also known as Crompton Greaves Consumer Electricals Limited is an Indian consumer electronics company.

Who is the CEO of Crompton?

Mathew Job is the current CEO of Crompton (2022).

What is Crompton’s revenue in 2022?

The revenue of Crompton Greaves Consumer Electricals Limited as of March 31, 2022, stands at $676.8 million (Rs 5,394 crores).

Who acquired Butterfly?

Crompton Greaves Consumer Electricals Limited acquired the Chennai-based Butterfly on 22nd February 2022 for Rs 2,076 crore.

Who are Crompton’s competitors?

The following are some of the most prominent competitors of Crompton:

Bajaj Electric
Whirlpool
Symphony
TTK Prestige
IFB Industries
PG Electroplast

August 24, 2022

Bharat Petroleum Success Story | How This Oil and Gas Producer Is Leading the Indian Economy?

The most important global industry is the oil and gas industry as they use Earth’s resources to generate their source of revenue. Oil and gas industries are among the six core industries in India. They play a crucial part in boosting India’s economy. As a sector, it is the most growing sector and gives a wide range of scope for investors and promises a great deal.

This sector dates back to 1889 when oil was found in Digboi in the state of Assam. Around the 1960s, the oil and gas industries started picking up.

Read about Bharat Petroleum, one of India’s leading oil and gas company’s founders, how it started, its business model, revenue model, shareholders, competitors, challenges faced, and more in this article.

Bharat Petroleum – Company Highlights

Startup Name	Bharat Petroleum
Headquarters	Mumbai, Maharashtra, India
Sector	Energy: Oil and Gas
Founder	Government of India
Chairman	Arun Kumar Singh
Founded	1952
Revenue	$54.2 billion (FY22)
Website	bharatpetroleum.in

Bharat Petroleum – About and How Does It Work?

It was in 1889 during the British rule, when oil was first discovered in Digboi, Assam. Soon after, this discovery sparked the emergence of the oil and gas industry, and by 1960 the industry began to pick up.

Founded in 1976, Bharat Petroleum Corporation Limited (BPCL) is a Government of India owned company with three manufacturing plants situated in Bina, Kochi, and Mumbai.

Bharat Petroleum is all about exploring and producing oil and gas. As per reports in India, most of the petroleum sector is administered by Bharat Petroleum Corporation Ltd (BPCL). The Ministry of Petroleum and Natural Gas is in control of BPCL. The company is also the second-largest government-owned downstream oil company in India.

Refining and Marketing Activities, which encompasses the Downstream petroleum industry is the single segment in which the corporation works. They also work on hydrocarbon exploration and production (E&P).

Bharat Petroleum produces oil for motorists-fleet owners, aviation services, and other industries and commercial purposes. Besides this, the company is also involved in many CSR activities.

Bharat Petroleum – Industry

India is the third largest energy and oil consumer in the world after China and the USA. With the huge potential for growth in the oil and gas industry India aims to reduce oil and gas imports dependence by 10% by 2022.

It is one of India’s leading integrated energy firms and is also a Fortune Global 500 company that refines crude oil and markets petroleum products. It has a major presence in both the upstream and downstream of the oil and gas industry. BPCL now enjoys the prestigious Maharatna designation.

Bharat Petroleum – Founder and Chairman

Bharat Petroleum is a government-owned oil and gas company.

Shri Arun Kumar Singh is currently the Chairman and Managing Director at Bharat Petroleum Corporation Limited.

Arun Kumar Singh

Arun is a Mechanical Engineer who graduated from the National Institute of Technology, Patna. BPCL appointed Arun Kumar Singh as the Chairman and Managing Director in 2021. Arun has over 36 years of experience in the oil and gas industry. In these years, Arun has headed Business Units and Entities in BPCL, such as Retail, LPG, Pipelines, Supply Chain Optimization, etc.

He also played the role of President (Africa & Australia) in Bharat PetroResources Ltd., a wholly-owned subsidiary of BPCL, engaged in the exploration of Oil & Gas mainly overseas. He is also the Chairman of Indraprastha Gas Ltd and serves as the Director on the Board of Bharat Gas Resources Ltd.

Bharat Petroleum – Startup Story and Growth

The origins of Bharat Petroleum go back to 1928 when India was under British rule and had incorporated the Burmah Shell Oil Storage & Distribution Company in India.

The Britishers started to bring in petroleum products to India and grew the business rapidly. After achieving the leadership position in India Burmah Shell Oil Storage & Distribution Burmah Shell refineries set up a refinery in Mumbai that led to the incorporation of Burmahshell Refineries Limited (BSR). Under this operation, the refinery company introduced LGP as a cooking fuel for Indian homes.

Burmah Shell (now Bharat Petroleum) is responsible to unveil the first pump station in 1928. The addition of a sizable glass cylinder that was connected to the pump, which was retrofitted to existing pumps, allowed the client to see exactly how much fuel he was buying. The clock-style meter, which predominated on gas pumps in the early 1930s, later replaced the visible cylinder.

In those times, the company also offered lubricants that met the highest quality standards and were staffed by workers with specialised training and a state-of-the-art quality control lab. The lubricant was the largest and most modern in the East – at Wadi-Bandar (known as Wadilube installation).

Wadilube currently offers the whole spectrum of lubricants and blends 349 distinct lubricant grades into 841 SKUs.

Fast forward to 1976, the company name was changed to Bharat Refineries Limited (BRL). It was then the company that was taken over by the Government of India. Later after one year, the company was renamed Bharat Petroleum Corporation Limited.

Bharat Petroleum introduced the PetroBonus Program in 1999. It is the country’s first pre-payment-cum-rewards programme for the oil industry, and it uses cutting-edge microprocessor-based smart cards that are simple to use.

Today, the company developed into the country’s first modern refinery, representing the nation’s industrial might and utilising the most recent technological improvements to enable digital transformation.

Bharat Petroleum – Mission and Vision

The company’s vision lies in seven core values, which are:

Trust
Customer Centricity
Development of People
Ethics
Innovation
Collaboration
Involvement

The company’s mission is to offer services that ethically help the society and environment. It aims to grow as a great organisation on both professional and personal levels.

The company wants to establish sustainable development and be the change by transforming the existing crisis into unique strengths that will help build a better nation.

Their CSR vision reads, “Be a Model Corporate Entity with Social Responsibility committed to energizing lives through Sustainable Development”

Bharat Petroleum – Name, Logo, and Tagline

Bharat Petroleum – Logo and Tagline

Bharat Petroleum used to be known as Bharat Refineries Limited (BRL) after the Government of India took over Burmahshell Refineries Limited (BSR) in 1978.

The logo of the company features a thick white circular outline inside a solid blue circle with a yellow “Yin and Yang” (meaning shade and sun) contained within it. While bringing lightness and balancing the dense and intense emblem, the white line kept the solidity and stability intact.

Bharat Petroleum boasts with its tagline, “energising lives”

Bharat Petroleum – Business Model

The company type is Public and is owned by the Government of India. The company’s IPO was launched on Sep 29, 2000.

Its business mostly involves engaging in the following services:

Fuel and Services

It offers numerous product options, including premium fuel products like Speed and Speed 97, that ensure a superior driving experience for enthusiasts, along with gasoline, diesel, automotive LPG, and compressed natural gas. With the rising demands of the contemporary world, the company also offers exceptional and innovative services.

This covers specific Fuel Station formats such as Ghar, Highway Star, Pure for Sure, Smart Fleet, Petro Card, Smart Drive, Door-to-Door Fuel Kart, BPCL SBI Card, and other similar services that ensure a seamless customer experience.

MAK Lubricants

This is to deliver lubricants and greases in India and international markets. They offer a wide range of 400+ grades throughout numerous categories to meet the varied and constantly changing needs of the industrial sector and the automotive segment.

Aviation Services

Bharat Petroleum is in the charge of Aviation fuel business. It is involved in every step of the value chain, including the manufacturing of jet fuel at refineries, its transportation and storage, Intoplane services, fuel operating systems that adhere to international quality standards, and other value-added services.

Industrial and Commercial Business

Under this, the business model of the company is B2B with industrial and commercial oil and has a customer base across various industrial sectors like Cement, Heavy Industries, Power, Railways, Paints, Petrochemicals, and others.

Oil Refineries

It operates the following refineries:

Bina Refinery – This is located in Bina, Sagar district, Madhya Pradesh. The plant produces 7.8 million metric tonnes per year. This is a joint venture between Bharat Petroleum and Oman Oil Company known as the Bharat Oman Refineries Limited (BORL).
Kochi Refinery – It can produce 15.5 million metric tonnes annually and is located in Kochi, Kerela.
Mumbai Refinery – This refinery can produce 13 million tonnes per year.

International Trade

Bharat Petroleum also operates its business by undertaking the activities of the International Trade Department such as:

Crude Oil Import and Indigenous Procurement.
Chartering of crude and petroleum products including coastal movements.
Risk Management.
Petroleum Products – Imports/Exports and related operations.

Proficiency Testing

For the first time in the petroleum business, the brand is now organising Proficiency Test (PT) programmes to meet the demands of petroleum sector laboratories in India and neighbouring regions. The testing lab is situated in Mumbai and is successfully accredited by the NABL (National Accreditation Board for Testing and Calibration Laboratories), an independent authority under the Department of Science and Technology.

SAP Training

Bharat Petroleum is also engaged in providing SAP training. SAP is one of the leading software solutions which is a very demanding course currently. SAP solutions are required by almost all industries today. An initiative as the Bharat Petroleum SAP Training Center focuses to provide class training to aspiring SAP consultants.

Bharat Petroleum – Revenue Model

Bharat Petroleum Corporation Ltd. Revenue from March 18 to March 22

The company generates its revenue from its subsidiaries like Bharat PetroResources Ltd. (BPRL), Bharat Oman Refineries Limited (BORL), Bharat Gas Resources Limited (BGRL), Bharat Renewable Energy Limited (BREL), and more.

The company recorded a revenue of $54.2 billion (₹432,569 crores) in the year 21-22 compared to $38 billion (₹3,04,274 crores) in the year 2020-21.

The consolidated Net profit was recorded to be $1.4 billion (₹11,681 crores) during the same period.

Bharat Petroleum – Shareholding

The Promoter & Promoter Group (Government of India) owns 52.98% of shares in Bharat Petroleum. The shareholding of Public shareholders is 46.71% which includes Mutual funds, Foreign Portfolio Investors, Financial institutions/banks, and insurance companies. Non-Promoter-Non Public holds 0.32% and Shares held by Employee Trusts also stand at 0.32%.

Bharat Petroleum – Competitors

In India, many oil and gas industries give cut-throat competition for Bharat Petroleum. Some of the biggest competitors are as follows:

Reliance Industries
Oil and Natural Gas Corporation (ONGC)
Indian Oil Corporation Ltd. (IOCL)
Hindustan Petroleum Corporation Ltd. (HPCL)
Mangalore Refinery and Petrochemicals Limited (MRPL)
Oil India
Jindal Drilling
Asian Energy
Selan Expl. Tech
Aban Offshore
Duke Offshore

Bharat Petroleum – Awards and Achievements

Some of the biggest awards in the petroleum industry have continuously gone to BPCL. The following is the list of awards and recognition that the company has received in these last few years are:

2022

Dun & Bradstreet has awarded #BPCL the Top performer in the Oil – Refining & Marketing sector.
Business Performance in Cargo/Ship handling at Cochin Port” for 2021.
National Health Safety Security and Environment Award at Global Safety Summit 2022.
Award from Joint Secretary Refinery, for Implementing Best Energy Efficient Project.
PCRA confers Best EnergEfficiency Award for FY 2021, on BPCL’s LPG Bottling Plant in #Sultanpur.
BPCL and The Government of Odisha sign a five-year MOU for #GreenInitiatives.
Water Sustainability Award at the first Water Sustainability Awards 2021-22.
Global CSR Excellence and Leadership Award.

2021

Certificate on Excellence in Sustainable EHS at the World Sustainability Congress.
The Sustainable Growing Corporate of the Year Award’ at FIPI Awards 2021.
The Energy & Environment Foundation recognises #BPCL with Global Platinum Award 2021.
Best Digital Customer Experience Strategy Award.
SAP ACE Disruptor award 2021, for Excellence in Customer Experience Management.

2020

Global Platinum Award 2020 on Sustainability from The Energy and Environment Foundation.
Special Recognition in SHRM Award for Excellence in Learning and Development.
CII Environmental Project Awards.
Corporate Citizen of the Year -2020.
Manufacturing Supply Chain Award.

2019

Golden Peacock Award for Sustainability for FY 2018-19.
Grant Thornton Social and Business Enterprise Responsible Awards (SABERA).
Global CX Summit Exceptional Experience Awards for Best Social Media Strat.

Bharat Petroleum – Advertisements and Campaigns

BPCL New Year, New Journey Advertisement

Earlier this year, the company did a video campaign on the occasion of the New Year. Through the campaign, the brand wanted to aim at the obstacles and challenges one goes through its journey and directed them to stay motivated through the support of BPCL.

The company is also active in engaging with its customers by having a solid social media presence. You can follow the company on Facebook, Instagram, Twitter, and LinkedIn, or reach out to them by email.

Bharat Petroleum – Mergers and Acquisitions

In 2021, the company, which earlier merged with Oman Oil in BORL bought the company for $24 million for 36.62% equity. This allowed BPCL to own BORL in its entirety as a subsidiary.

The company has made two major investments. The most recent investment was on Aug 24, 2018, when Medtel Healthcare raised ₹10 million. Before that BPCL was also a lead investor in FINO PayTech, when it raised $37.6 million on 29 July 2016.

Bharat Petroleum – Challenges Faced

Recently, the company announced a decline of 82% in its net profit in the quarter that ended in March 2022. The reason for this is due to the uncertainties attached to fuel prices even though there was a hike. Many oil marketing firms have also witnessed this loss. This comes after international crude oil prices stayed beyond $100 per barrel.

According to BPCL, refinery throughput decreased from 8.39 million tonnes a year earlier to 8.12 million tonnes in the January-March quarter. Nevertheless, its market sales increased from 11.17 million tonnes to 11.82 million tonnes.

Bharat Petroleum – Future Plans

The company has an upcoming project called the ‘Petrochemical Diversification“. It plans to diversify in this area to provide an attractive higher value addition over transportation fuels. The company plans to invest around Rs 13,000 crores in this project.

FAQs

Who is Bharat Petroleum’s owner?

The government of India is the owner of Bharat Petroleum with a shareholding of 52.98%.

Is BPCL in profit or loss?

BPCL has recorded an attributable net profit of 11,681.50 crore INR in the year 2021-22, as against 17,319 crore INR in the previous year.

What is Bharat Petroleum’s revenue for 2022?

Bharat Petroleum recorded consolidated revenue of $54.2 billion for FY22.

What is the use of the BPCL card?

SBI launched the BPCL SBI credit card in collaboration with Bharat Petroleum Corporation Limited. The card offers a value-back of 4.25% on fuel purchases at BPCL petrol pumps. The card also offers other rewards in categories like movies, dining, grocery shopping, etc.

What’s the market capitalization of BPCL?

BPCL has a market capitalization of 72,377.12 crores INR.

Which petroleum company is best in India?

The following are the best petroleum companies in India:

Bharat Petroleum
Reliance Petroleum Limited
Oil and Natural Gas Corporation (ONGC)
Hindustan Petroleum
Indian Oil Corporation Ltd. (IOCL)
Oil India

Is BPCL getting Privatised?

The government was willing to sell its entire stake of 52.98% in Bharat Petroleum for privatization. However, for now, the centre has withdrawn this offer as two out of three companies that showed interest in the offer walked out of bids.

August 23, 2022

INOX Success Story – What Makes This Indian Company a Leading Giant?

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

Over the years, India has been seeing some huge setups related to trading and manufacturing. Today, the manufacturing sector contributes about 16-17% to the GDP of India and gives employment opportunities to around 21% of the Indian workforce.

One such business started, and ever since, they have been providing employment opportunities to a lot of people. India’s one of the most versatile and biggest groups of companies – Inox entered the business world about 90 years ago. In 1920, the company started as a newsprint trading business called Siddhomal and Sons by Shri Siddhomal Jain. Later in the 1960s, his son Devendra Kumar Jain established the Industrial Oxygen Co. Pvt. Ltd. in Pune.

Let’s go through Inox’s success story, which includes all information about the company such as its Founders, Products, and Services, Mission and Vision, Business and Revenue Model, Investors, Acquisitions, and more.

INOX – Company Highlights

Startup Name	INOX
Headquarters	Mumbai, Maharashtra, India
Founded	1923
Industry	Manufacturing, Media and Entertainment
Founders	Devendra Kumar Jain, Pavan Jain, Siddharth Jain
Website	inoxgroup.com

INOX – About and How It Works?
INOX – Founders and Team
INOX – Products and Services
INOX – Mission and Vision
INOX – Business Model
INOX – Revenue
INOX – Merger and Acquisitions
INOX – Advertisement and Campaigns
INOX – Awards and Achievements
INOX – Future Plans

INOX – About and How It Works?

INOX group was started by Devendra Kumar Jain when he decided to go beyond the trading business in 1963. INOX is a multi-billion dollar group of many diversifications. The company first started out setting up manufacturing plants for refrigerants, PTFE resin, extracting and selling gases, and now the most popular multiplex chain INOX Leisure.

Today, the group has three different businesses – INOX Air Products, INOXCVA, and INOX Leisure. The company has been growing ever since its inception and has one of the leading positions in industrial gases, multiplex chains, and cryogenic engineering.

Inox Group has about 200+ business units all over India with more than 10,000 working individuals. Their distribution network is also spread across 50 different countries.

INOX – Founders and Team

Devendra Kumar Jain, Pavan Jain, and Siddharth Jain are the founders of INOX.

Devendra Kumar Jain

With a net worth of $3 billion, Forbes has listed Devendra Kumar Jain as the 70th rank in the list of India’s Richest People 2021. He graduated as a History (Hons.) student from St. Stephen College, New Delhi. Having over 65 years of experience in business management and international trade, Devendra Kumar Jain first joined the family’s business of paper and newsprint trading business at the age of 18.

He has been also granted the Dignity of an Honorary Member of the Civil Division in the Order of the British Empire by Her Majesty, the Queen of England. He is also a member of the Indian National Committee of the International Chamber of Commerce and World Economic Forum, Geneva, Switzerland.

Pavan Jain

An alumnus of IIT Delhi, Pavan Jain is the Chairman of the INOX group. He has played a significant role in shaping the company’s growth to one of the leading manufacturers of industrial gases. His 45 years of experience have made the INOX group a globally recognised company with diversifications such as Refrigerants Gases, Cryogenic Engineering, and Entertainment.

Siddharth Jain

The Director of the INOX group, Siddharth Jain has been actively involved in the family business since 2001. He is a student of Mechanical Engineering and an alumnus of the University of Michigan and holds an MBA degree from INSEAD. Being a member of the World Economic Forum at Davos, Siddharth Jain is also a member of the Young Presidents’ Organisation and the President of the Gas Industries Association of India.

INOX – Products and Services

INOX deals in a variety of products and services through its following group companies:

INOX Air Products (INOXAP)

The company was established in 1963 in Pune, Maharashtra. The Jain family wished to make the company go global and capitalised upon the rapid industrialisation, which was taking the country by storm. They formed a joint venture with Air Products and Chemicals Inc. USA in 1999 that ultimately created INOX Air Products.

Today, INOX Air Products is one of the leading manufacturers of industrial and medical gases in India and is proof of one of the longest Indo-American partnerships in the manufacturing sector. Some of the prominent numbers describing INOX Air Products are:

Has over 1800+ customers
Has served 15+ industries
About 560+ fleet size
Employs over 1250 people
Operates in 45 locations in 17 States
Has 4300 cr + Gross Fixed Assets

INOXCVA

INOXCVA deals in the manufacturing of standard & engineered cryogenic equipment in India. It has topped its way to becoming the global market leader in the field of insulated cryogenic equipment. With the motto ‘Clean Energy’, INOXCVA has always continued to evolve as the most economical source of green energy. Founded in 1992, the company has been producing a wide range of portfolios of materials and engineering intellectual properties.

The manufacturing units are set up in Gujarat. The stock, sale, and services are located in Europe, and a repair and rehab facility is located in Brazil.

INOX Leisure Limited

With a vision to create a world-class infrastructure with the latest cinema technology, the INOX group entered the entertainment industry, and that is how INOX Leisure was born. The company opened its first four-screen multiplex at the Inorbit Mall Malad, Mumbai. It was the country’s first ScreenX as well as the country’s first screen with MX4D theatre effects.

There are a total of 164 multiplexes across 73 cities in India with a footprint of over 702 screens. INOX Leisure Ltd. is one of the largest multiplex chains in India with Alok Tandon as the Chief Executive Officer (CEO).

INOX Wind Limited

A subsidiary of INOX Group, INOX Wind was formed with a vision to bring a change in the climate and renewable energy. It is headquartered in Noida, India.

Siddharth Jain is the man behind this formation as his interest was in climate change and having one of the largest Clean Development Mechanisms (CDM). It has three manufacturing plants in Gujarat, Himachal Pradesh, and Madhya Pradesh.

INOX – Mission and Vision

The INOX group seeks to strengthen society by offering its CSR focus areas in prioritising health and well-being, empowering through education, strengthening rural communities, and encouraging women empowerment.

They want to create a platform where they can interact with communities and initiate programs that empower society to be self-sufficient.

INOX – Business Model

As mentioned earlier, INOX group has its business operating under four categories, industrial oxygen chemicals, cryogenic engineering, renewable energy, and entertainment. Recently, the group has decided to divide the business handle between Pavan Jain and his younger sibling Vivek Jain.

The industrial gas and multiplex business of the group is under the leadership of Pavan Jain. INOX Leisure Ltd. operates its business with 702 screens in 73 cities, making it the second-largest cinema player in the country after PVR. The company is said to have a market capitalisation of more than Rs 6,423 crore and is planning to expand its multiplex business to build at least 50 screens every year. Over the next 4-5 years, the company has a pipeline of another 850 screens to launch.

Presently, their strategic expansion is focused on urban growth in metro cities while prioritising tier 1 cities.

Vivek Jain is handling the business of INOX Wind, INOX Wind energy. INOX Wind energy operates its business by manufacturing and selling Wind Turbine Generators (WTGs), and also provides Erection Procurement & Commissioning (EPC) Operations & Maintenance (O&M) Wind Farm Development and Common Infrastructure Facilities services for WTGs. The company has three manufacturing plants at Rohika (Gujarat), Una (Himachal Pradesh), and Barwani (Madhya Pradesh).

INOX – Revenue

INOX Leisure Limited Total Income from March 2018 to March 2022

The INOX group earns its money through its diversified companies. Inox Air Products’ revenue for the fiscal year ended March 2021 climbed 10% to $307 million from a year earlier, while net profit increased 4% to $65 million. INOX Leisure reported revenue worth $88 million in FY22.

INOX – Merger and Acquisitions

INOX Leisure Ltd acquired Calcutta Cinema Private Ltd in 2006 by buying over 89 cinema halls.

INOX has also acquired Satyam Cineplexes Limited by buying 100% equity shares which are valued at Rs 182 crores.

The company has recently announced that it would be merging with PVR cinemas.

INOX Air products partnered up with Linde plc to form Belloxy. In 2020, Linde had to give up Belloxy, which gave INOX Air Products 100% ownership.

In the month of March this year, PVR and INOX Leisure announced a merger deal to create the largest network of multiplex chains with 1,500+ screens in the country and open up more opportunities. The merger has also got clearance from BSE and NSE.

INOX – Advertisement and Campaigns

In 2021, INOX Group ran a campaign, ‘Aayega India’ to support the participants at Tokyo 2020 Olympics. The campaign featured Mary Kom, Vikas Krishan Yadav, and Manika Batra to cheer and pay tribute to the Indian team players’ spirit.

Inox Group was the official sponsor of the Indian Olympic Team and was associated with India Olympics Associations (IOA).

In 2020, the brand INOX Leisure Ltd. took to social media to run a campaign on Valentine’s Day by asking a question to their audience with #HonourTheCorner. The campaign was launched with the intention to have a fun and interactive session with the audience.

INOX – Awards and Achievements

The following are the prominent awards and achievements of INOX:

India Retail Forum’s Entertainment Retailer of the Year (2017)
Big Cine Expo Awards’ Best Technology Adopter of the Year (2016)
INOX Wind ranked at 167th position in Business Today’s list of 500 most valuable companies in India (2015)
Emerging Superbrand of the Year (2007)

INOX – Future Plans

The INOX Group is deciding to focus more on sourcing renewable energy and green raw materials and building green supply chains. They believe that the need of the hour is climate change and is arguably the hardest-hitting wake-up call for industries, government, and individuals.

Siddharth Jain says, “It is increasingly important that all family businesses adapt to this reality.”

They also wish to build strong management teams and strong professional teams so that they can run the operations of these companies with efficiency.

FAQs

Who is the founder of INOX?

Devendra Kumar Jain, Pavan Jain, and Siddharth Jain are the founders of INOX.

Is INOX better than PVR?

PVR operates around 871 screens in 73 cities whereas INOX operates around 702 in 73 cities.

Are PVR and INOX merger?

INOX and PVR announced their merger deal earlier this year in March. The merger deal has also got clearance from stock exchanges BSE and NSE.

What will happen to INOX’s shares after the merger?

After the merger of INOX and PVR, the shareholders of INOX will get 3 shares in PVR for every 10 shares of INOX.

Is INOX Air Products listed on NSE?

No, INOX Air Products is not listed on NSE.

August 19, 2022

Tag: 📄Company Profiles

NDTV Success Story: The Journey of Becoming an India’s Number One Media Company

NDTV – Company Highlights

NDTV – About and How Does It Work?

NDTV – Industry Details

NDTV – Founders and Team

Prannoy Roy

Radhika Roy

Ravish Kumar

NDTV – Startup Story

Humble beginnings with Doordarshan

Contract with Rupert Murdoch and Star News

NDTV – Mission and Vision

NDTV – Name, Tagline, Logo

NDTV – Business Model

NDTV has four main channels through which it does its business:

NDTV – Revenue Model

NDTV – Challenges/ Controversies Faced

Gautam Adani plans to have a majority stake in NDTV

NDTV – Investments

NDTV – Shareholders

NDTV – Online and Social Media Presence

NDTV – Awards and Achievements

NDTV – Competitors

NDTV – Future Plans

Conclusion

FAQs

How does NDTV make money?

Which is the best news channel in India?

Who is the CEO of NDTV?

What is the NDTV app?

Khan Academy Success Story | How This Educational Platform Is Providing World-Class Education?

Khan Academy – Company Highlights

Khan Academy – About and How Does It Work?

Khan Academy – Industry

Khan Academy – Founder

Salman Amin Khan

Khan Academy – Startup Story

Khan Academy – Name, Logo, and Tagline

Khan Academy – Mission and Vision

Khan Academy – Business Model

Khan Academy – Revenue Model

Khan Academy – Challenges faced/Controversies

Khan Academy – Funding and Investors

Khan Academy – Mergers and Acquisitions

Khan Academy – Advertisements and Campaigns

Khan Academy – Collaborations

Khan Academy – Awards and Achievements

Khan Academy – Competitors

Khan Academy – Future Plans

FAQs

Who owns Khan Academy?

Is the Khan Academy accredited?

Is Khan Academy completely free?

Who owns Duck Duck Moose?

Meatwale.com – Story behind India’s Fastest Growing Retail Chain for Fresh Meat & Non-veg Snacks

Meatwale.com – Company Highlights

Meatwale.com – About

Meatwale.com – Founder

Meatwale.com – Startup Story

Meatwale.com – Business Model

Meatwale.com – Competitors

Meatwale.com – Challenges

Meatwale.com – Future Plans

FAQs

What is Meatwale.com?

Who is the founder of Meatwale.com?

Where is the headquarter of Meatwale.com?

Nas Daily – Success Story of a Vlogging Platform that turned into a Multi-Million Dollar Brand

Nas Daily – Highlights

Nas Daily – About

Nas Daily – Founders

Nas Daily – Mission and Vision

Nas Daily – Name, Tagline, and Logo

Nas Daily – Business and Revenue Model

Nas Daily – Startup Story

Nas Daily – Growth

Nas Daily – Funding and Investors

Nas Daily – Challenges Faced

Nas Daily – Future Plans