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 RailRestro.
Today, nearly 6 billion people travel in Indian Railway and we Indians love this journey more than any other mode of transport. Train journeys, especially lengthy ones can get you hungry while you resist the desire to eat from the in-train caterer. The media has uncovered the pathetic side of train meals. This has made commuters apprehensive about consuming these meals.
To counter this issue, Manish Chandra came up with the concept of RailRestro. The objective of RailRestro is to ensure the easy and convenient availability of great food choices with variety & assortment and prepared in hygienic kitchen conditions for all consumer goods.
Railrestro was founded in the year 2015 to provide healthy & hygienic food in the Indian railways operated trains. Passengers can easily order food in train. It partnered with almost 8000 premium restaurants around the country. The company’s vision is to make healthy and hygienic food available in the train.
Research shows statics of food poisoning in the train and people are helpless to eat non-healthy food while traveling. The company’s motive is to provide all kinds of food to the Indian Railway travelers so that they can have healthy and well-cooked food in the train. Railretsro.com provides all kinds of meals on the wheel for travelers starting from baby food to the heavy Thalis of specific regions in the country.
RailResto provides Online food in train
Through its PAN-India based business, it has also helped numerous restaurants to increase their revenue by allowing them to deliver food in the train with the partnership of Railrestro.
The team believes in making the Indian Travelers railway journey a healthy, hygienic, and tasty one. The business slogan of the startup Ralrestro.com is “spice up your train journey”.
You have numerous cuisines to pick from like North Indian, South Indian, Chinese, Mughlai, Hyderabad, Continental, Italian, Non-vegetarian, Vegetarian, and, of course, soft drinks. Besides all this, they ensure you that the local food suppliers, they have partnered with, cook hygienic food so that you do not have to rely on unhealthy snacks.
The railway food delivery company tracks the train in real time and makes sure that fresh food is made available to the passengers travelling in the train through its network restaurants across India. It provides online food in train at around 300 railway stations in India direct from the restaurant at the seat. Payments can be made directly online while placing the order or you can pay on delivery of the food too.
RailRestro – Founders and Team
Husband and Wife duo, Manish Chandra and Suman Priya are the Founders of Railrestro.
Manish Chandra and Suman Priya, Founders of Railrestro
Manish Chandra is the CEO & Director at Railrestro. He is a serial entrepreneur who has keen interest into e-commerce marketing buildups and startup Ideas
Suman Priya is Director and Co-founder at Railrestro. She is an inspiration who showed her faith in Manish’s idea and helped him with full zeal to actualize the business idea into a business operation.
Currently there are more than 100 people working in-office and more than 300 work as delivery chain, freelancer and Marketing professionals.
“We hire only those motivated youths who believe in startup concept and ready to work for it. Our team enjoy a lot while working in the office. The environment is friendly and lively. Clubbed birthday celebration, anniversary celebration, lunch parties and festivals are organized frequently”, says RailRestro owner Manish Chandra about the office culture.
Railrestro Team
RailRestro – Target Market Size
The company is into the e-catering services and having the authorization of IRCTC e-catering, it is operating in PAN India. It has served around 50 lakh meals on the train. The target audience is all the Indian railways’ travelers.RailRestro is into e-commerce so all the measurement is done digitally with its AI-enabled website.
How was RailRestro Started?
Frequent railway journeys during Manish Chandra’s ( Railrestro owner) college times made him realize the need for good food in the train. It was somewhere put in his mind to ring about some resolution to the food problems in the train. With the IRCTC portal and its partnership programs, the company came up in the market.
Initially, Railrestro owner, Manish discussed the idea with his family members and they were also the first investor of this company. His parents helped him to channelize and operate the business in the initial days. Later, Manish connected to different people in the same sector and fortunately, Railrestro received very good responses from the customers.
RailRestro has marketplace kind of business model, with wide network of vendor tie-ups with restaurants across India. It also has railrestro app for online food order in train. Passengers travelling via train can order food from the Railrestro Website, railrestro app or via call. It offers food as per the traveler preferences across multiple locations in India. It is an ISO certified company. Travellers need to provide their PNR details or train number information on the website to enable smooth delivery on time.
RailRestro – Growth and Revenue
During the first 3 months of Inception, RailRestro ran on a no-profit and no-loss model. It gained traction when it partnered with IRCTC, and started processing 600 orders/day nine months after starting out. The company’s revenue is estimated to be around $17M per year.
RailRestro – User Acquisition
The startup believes in providing a quality service to the passengers and that’s the single factor that attracts the customers to the brand. However, they are also onto the digital sphere so Google ads, Facebook campaigns, influencers programs also helped them to make Railretsro.com known amongst the general public at large.
RailRestro – Logo and Meaning
RailRestro embarked on this journey to be the most preferred brand for ordering meals during train journeys in India. Its logo has rail restro written between a symbol of train and a set of spoon, knife and fork. Rail Restro represents a restaurant in rail. It symbolizes that we can get our food in train from trusted restaurants. Its Logo rightly signifies the activities of the startup.
RailRestro – Funding
RailRestro is currently Bootstrapped (Nov 2020). It has no outside funding or other support launches.
RailRestro – Startup Challenges
“When we started our business the biggest challenge was to connect with the Restaurants and making them agree for the food deliveries in the train”, recalls Manish Chandra, founder and CEO of Railrestro.
Initially the restaurant tie-ups were very difficult due to the trust issues and digital-unawareness. Slowly, their marketing team turned this hurdle into its strength by tie-up with more than 8,000 restaurants in each corner of the country.
RailRestro – FAQs
What is RailRestro?
RailRestro is an e-catering and e-commerce company in the food industry for Railway food delivery. It serves online food order in train.
Who is RailRestro owner?
Manish Chandra is the owner of RailRestro.
When was RailRestro founded?
RailRestro was founded in 2015.
How is the RailRestro’s review?
It has been rated around 4 by the customers who ordered food in train from RailRestro.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
Resting and taking a break from work or taking a short getaway to break the monotony of daily life makes you feel refreshed, rejuvenated and more productive at work.
There is virtue in work and there is virtue in rest. Use both and overlook none – said inspirational author Alan Cohen.
Many studies and researches are proving the fantastic effects that even a short time out can have on one’s mind and productivity. Reports say that, “Vacations have the potential to break into the stress cycle”. However due to time or money constraints, we are not able to take adequate vacations. But thankfully now we have a solution to it.
StartupTalky interviewed Kipstay co founder Arjun Raghunandan, to know better about this startup dedicated to helping stressed-out and overworked people find relaxation, rejuvenation and overall health benefits by reconnecting with nature.
Kipstay operates a collection of homestays within a two – five-hour drive from major urban cities and outfits them with comforts of home, and rents them by night. Kipstay is designed to redefine short vacations. The experience, the location and design of the Kipstay homestays are created in a way that helps guests unplug and detox from the stress of daily life and rejuvenate.
Kipstay converts existing/abandoned housing stock short drive from the city into something more usable for this generation, that’s more responsible for the environment.
Kipstay helps you disconnect and recharge from the daily grind — to be an “off switch” in an “on world.” Technology and work have infiltrated every hour of every day and we need to find a new way to find balance
The getaways can be booked via Kipstay’s website or mobile app. Unlike vacations which can be expensive and far away, Kipstay is affordable (starting at INR 1500/night), far enough to feel disconnected but near enough, so you don’t spend all your time getting there.
Kipstay – USPs
Urban millennials are overworked and stressed out as technology, jobs and social media fill every waking moment of our lives. 8 out of 10 people want to go on vacations to relax, destress and reconnect with family and friends. But planning vacations take 4 to 7 days per trip, they are expensive (avg. INR 1 to 2 lakhs) and frequency is limited to once a year due to busy lifestyle. The major USP of Kipstay is that it allows one to take that much-needed break without spending a lot and being near cities one can plan short trips frequently.
Also, in India, booking homestays as an alternative to hotels is frustrating on many levels – the experience is unpredictable, no transparency in pricing, inaccurate listing information and photos and trust issues. Kipstay is a solution to these problems.
To enlist, Kipstay has the following USPs –
For Travellers-
Experience – Significantly better and predictable experience for travelers. (Like an Airbnb Plus Home).
Affordable – INR 1,500 per night. Kipstay controls the pricing and inventory unlike other marketplaces and OTAs.
Accessible – All homes would be in scenic locations 2-5 hrs from urban cities, perfect for short getaways. Unlike Kipstay, many companies do not reveal the exact location unless a booking is made, which is frustrating for a traveler while planning.
Differentiated branding with a chic design.
Travelers need not choose between an authentic experience or dependable customer service and basic amenities.
For Homeowners-
Ease of converting a regular home to a branded Kipstay Home via the company’s easy to execute playbook.
Product features – Kipstay provides branded amenities, marketing and distribution, pricing and inventory management via. a tech backend.
Higher occupancy rates (higher than 50%) due to Kipstay brand which directly increases earnings.
Kipstay offers a DIFM (Do-It-For-Me) model instead of the DIY model which is time-consuming and expensive.
Crossover of Uber (technology back-end, marketing & distribution, operations) and Airbnb (unique inventory with authentic travel experiences).
Achintya Dayal and Arjun Raghunandan are the founders of Kipstay. Achintya and Arjun were friends since their school days,and started their first startup Pyxis Networks- an event management company, while they were in the last year of college. After Achintya graduated from Manipal University and Arjun from Ramaiah Institute of Technology they co-founded Kipstay.
Achintya Dayal and Arjun Raghunandan – Co-founders, Kipstay
The founders emphasize on building the right team from the beginning and brought on board great talent to join Kipstay’s core team. Kipstay work culture is centered around people over process.
We push our team to achieve excellence by empowering them with freedom and responsibility. Our goal is to inspire people and trust them to do what they think is best for Kipstay by giving them freedom, power, the information in support of their decisions.
Kipstay – How It All Started?
While all their friends were busy preparing for CAT, GRE and GMAT, Achintya and Arjun decided to travel and attend as many music festivals as we could.
We knew after graduation we would be facing the grind anyway, why not enjoy until then – says Arjun.
During one such festival, it struck them that they could sell some merchandise and make some money as a side hustle, to enhance the festival experience for music festival-goers.
The duo mailed Sunburn ( Asia’s largest music festival held in Pune, Maharashtra, every year) regarding their plan to sell merchandise at the event, and soon they were meeting hundreds of vendors – sourcing, finalizing and shipping merchandise to these festivals and all these was quite interesting!
Honestly, we did not know this was entrepreneurship. The feeling of having earned money even before graduating got us excited about the business.
And this love for entrepreneurship, stayed with Arjun and Achintya. After graduation, Arjun wrote his GRE and was on the final waitlist of acceptance to the University of Maryland, but instead of waiting he took a hard decision of staying back and pursue business.
Arjun started discussing ideas with Achintya, and saw a huge opportunity in the travel industry as he belonged to a family of travel experts. This lead to the launch of Kipstay in 2015.
The name Kipstay comes from the words ‘Kip’ and ‘Homestay’
Kipstay Logo
‘Kip’ is an urban slang word which means to sleepover at someone else’s house. Again, Homestay is a private house offering accommodation to paying guests for short periods.
The Indian travel market is projected to grow at 11-11.5% to the tune of $48 Bn by 2020 and Hotels will grow at 13% to $13 Bn by 2020. Alternate stays, including short term rentals and other lodgings is expected to grow up to $3 Bn by 2020.
Kipstay banks on the following recent trends in the Indian Travel Industry:
Increase in Frequency of short duration (2- 4 nights) trips to at least 4 to 6 times per year
Increase in Alternate Accommodation supply in India is growing at 40%
80% of Indian travelers said they are seeking authentic experiences.
Kipstay – Business & Revenue Model
Kipstay was initially launched as a marketplace to discover and book homestays and additionally, they provided tools (Kiplist) to help owners manage their homes. Later the company pivoted to a network of branded getaway homes model to offer a better customer experience.
In a marketplace model, it was hard for us to handle operations of the homes – like speaking to guests, making sure the amenities are well stocked, no control on pricing and inventory, etc. Hence to deliver a significantly better experience we iterated our model
Kipstay runs on a simple revenue model. It helps homeowners manage their branding, operations such as guest communications and marketing and distribution via their website and app and other third-party channels. For all these services, Kipstay charges a percentage of the total booking it generates.
Kipstay was initially launched as a marketplace to discover and book homestays and additionally, they built tools (Kiplist) to help owners manage their homes. The aim was to be the backend engine that would drive business to these properties. However, this model did not turn out to be successful.
Kipstay had 300+ homestays across 30 locations, but the bookings were very low. On speaking to customers and through direct feedback the Kipstay team understood that the users were not looking for cookie-cutter experiences when they booked with them. Travelers were looking for getaways that offered an authentic experience (like an Airbnb offering) and dependable customer service and basic amenities (like a hotel offering). Keeping up with customer expectations, Kipstay – A branded network of homestays was launched.
Kipstay launched its first property in Chikmagalur and it received great response from the customers. In the first week of the launch – they sold 3 months of weekends, winter bookings being made in 4 months in advance.
Kipstay – Startup Challenges
The most challenging situation that the Kipstay team faced was convincing the homeowners to rebrand their property and letting Kipstay take care of technology and operations while they take care of the hospitality. However, given the profitability that Kipstay offers to the house owners, many house owners soon came forward to join hands with Kipstay.
Kipstay – Funding & Investors
Kipstay raised 1 round of angel funding in 2018.
Date
Stage
Amount
Investor
2018
Angel
Undisclosed
IIM Ahmedabad Alumni & Group of HNI’s
Kipstay – Competitors
Airbnb, HomeAway, Sykes Cottages, AvantStay, misterb&b etc., are some of the similar companies in this sector.
Kipstay – Awards & Recognitions
Amrita TBI pitchfest top 30 startups
Y Combinator Startup School 2018 (Graduate)
Kipstay – Growth
Kipstay has served over 10000+ travelers since inception and is averaging occupancy rates of 70% . The company is planning to launch in 10 new locations in 6 months.
Kipstay is designed to redefine short vacations. The experience, the location, and the design of the Kipstay homestays are created in a way that helps guests unplug and detox from the stress of daily life and rejuvenate.
Who is the Founder of Kipstay?
Achintya Dayal and Arjun Raghunandan are the founders of Kipstay.
Which was the first property of Kipstay?
Kipstay launched its first property in Chikmagalur and it received a great response from the customers. In the first week of the launch – they sold 3 months of weekends, winter bookings being made in 4 months in advance.
Does Hotel Kipstay offer any business services?
No, it does not offer any business services.
What are some of the basic amenities at Kipstay?
Some of the more popular amenities offered include free wifi, free breakfast, and free parking.
Is Kipstay popular with families?
Yes, Kipstay is popular with guests booking family stays.
Kipstay – Conclusion
Kipstay, a Bangalore based startup is bringing to you peaceful and affordable getaway homes just within 2-3 hours drive from the city, so that you can catch up that much needed respite from the stress and tedium of daily life, without spending much time and money.
Growing population and unemployment go hand by hand in this contemporary world. The major reason for this is the unavailability of proper resources and lack of awareness among the people. InterviewBit is a learning platform that helps and mentors all those who are aiming for a job. The company’s growth, history, and strategies are described below.
InterviewBit is an online platform that helps people to land in their dream jobs with its training and enhances the skills of individuals to connect with the right companies. The startup has offers from leading tech giants such as Google, Facebook, Microsoft, Amazon and others.
The training session includes interview questions asked in different companies and also includes coding practice sessions. Company referrals and a customized schedule for each person makes InterviewBit the best platform.
InterviewBit – Founders and Team
Anshuman Singh and Abhimanyu Saxena are the Co-founders of InterviewBit.
Anshuman is the Head Coach of the company and has previous experience as a Software Engineer and as an Interviewer on Facebook. Abhimanyu looks after the technical strategies of the company. He worked with Progress Software and Fab.com before InterviewBit. The Startup now operates with more than 250 employees.
The company’s mission is to guide every candidate to get their desired job by enhancing their technical knowledge through various trainings of InterviewBit.
InterviewBit Logo
InterviewBit – Growth and Revenue
InterviewBit’s annual revenue is estimated to be $42.6M per year and revenue per employee is about $165,000. There is a greater percentage increase of 105% in the total number of employees from the previous years. The Startup also has 800+ offers from leading Tech companies across the world.
InterviewBit has raised a total of $21.5M from two different funding rounds.
Date
Stage
Amount
Investors
April 2019
Seed Round
$1.5M
Surge
January 2020
Series A
$20M
Tiger Global Management, Sequoia Capital India
InterviewBit – Business and Revenue Model
InterviewBit gains through referring the appropriate candidates who meet the hiring requirements of a specific company. The platform is entirely free and also a person receives a joining bonus if they receive a job through InterviewBit.
InterviewBit – Competitors
HackerRank, LeetCode, Interview Cake, Demux, Lambda School, Pesto, and TalentSprint are some of the leading competitors of InterviewBit.
Scaler Academy is an online tech-versity of InterviewBit that offers a six-month computer science course with the guidance of subject experts and tech leads. This program augments the coding skills of software professionals with relevant skills to crack recruitment processes. Scaler Edge and Scaler Plus offers different plans with courses involving Data Science, AI/Machine Learning, Mobile Development, and Full Stack Development.
InterviewBit – FAQ’s
What is InterviewBit?
InterviewBit is a platform to learn skills that you need for technology jobs. They also get you connected with the right companies worldwide based on your skills and preferences and do everything needed to make sure you get your dream job.
Is InterviewBit paid?
Students can choose payment and course duration plans. The 6 month certificate costs ₹39,999 (roughly $540 USD), the 12 month certificate costs ₹69,999 (roughly $950 USD), and the full 2-year program costs ₹1,19,999 (roughly $1625 USD).
How do I prepare for InterviewBit?
To prepare for the same, I think you can practice some easy, easy-medium questions from IB or Leetcode or Codechef or Codeforces. Basically just make sure your programming skills are perfect and you don’t face issue implementing logic. The second important thing is that your mind is active.
How do you crack Interview codes?
Start by coding answers to these questions. Force yourself to pretend you’re in an interview setting by solving them for 10–15 minutes. Before you write a single line of code, organize your thoughts and figure out the solution. Then start coding.
Who is the founder of InterviewBit?
Anshuman Singh and Abhimanyu Saxena are the Co-founders of InterviewBit.
InterviewBit – Conclusion
InterviewBit is widely popular amongst software engineers as an interview preparation site. It has successfully placed hundreds of thousands of elite software engineers across the globe. The InterviewBit Team is made up of people who have previously worked in top MNC’s. The Company helps you in polishing your skills and getting you ready for the job, whether you are a fresher or recent college graduate, or a working professional. They provide a platform to get you connected with the right companies all over the world based on your skills and preferences.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
As fellow graduate students at MIT in 2004, Brian and Dharmesh noticed a shift in the way people shop and buy. Consumers were no longer tolerating interruptive bids for their attention — in fact, they’d gotten really, really good at ignoring them.
From this shift, a company was born: HubSpot. It was founded on “inbound”, the notion that people don’t want to be interrupted by marketers or harassed by salespeople — they want to be helped.
HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service. It was founded by Brian Halligan and Dharmesh Shah in 2006. The Company offers integrated applications that helps in lead generation and social marketing.
HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot’s mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly.
Its products and services aim to provide tools for customer relationship management, social media marketing, content management, lead generation, web analytics, search engine optimization, live chat, and customer support.
HubSpot – Recent News
As of December 2020, HubSpot Announced Major Upgrade To Its Sales CRM, Marrying Enterprise Power With Consumer Ease-of-Use – HubSpot is bringing power and ease-of-use to enterprise sales software with a major upgrade of its sales CRM, Sales Hub Enterprise. Custom objects, sophisticated sales reporting, and advanced permissions have been added to give sales leaders new levels of control and flexibility in their CRM, while enhanced sales engagement and configure-price-quote (CPQ) capabilities make it easier than ever for teams to connect with prospects and close deals quickly.
HubSpot – Logo and its Meaning
HubSpot’s Company Logo
The HubSpot logo is the instantly recognizable symbol and focal point of the brand. The HubSpot’s logo has a Sprocket in orange colour which is nothing but the communications where the HubSpot brand has already been established.
HubSpot – Founder and History
HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.
Brian Halligan and Dharmesh Shah | Founders, HubSpot
As fellow graduate students at MIT in 2004, Brian and Dharmesh noticed a shift in the way people shop and buy. Consumers were no longer tolerating interruptive bids for their attention — in fact, they’d gotten really, really good at ignoring them.
From this shift, a company was born: HubSpot. It was founded on “inbound”, the notion that people don’t want to be interrupted by marketers or harassed by salespeople — they want to be helped.
Today, the inbound movement continues to empower businesses around the world to stop interrupting, start helping, and return their focus to the customer.
“There’s this notion that to grow a business, you have to be ruthless. But we know there’s a better way to grow. One where what’s good for the bottom line is also good for customers. We believe businesses can grow with a conscience, and succeed with a soul — and that they can do it with inbound. That’s why we’ve created a platform uniting software, education, and community to help businesses grow better every day.”
HubSpot – Business Model
HubSpot creates various (B2B) software products for inbound marketing and sales purposes. These software tools allow their business customers to capture leads, drive sales and educate customers through content.
HubSpot makes money by charging customers for using the premium features of their software tools. These are divided into so-called hubs and tailored towards different parts of the sales cycle. Additionally, HubSpot runs a marketplace in which it offers third-party apps. Lastly, a small portion of its revenue is generated through consulting services and the hosting of events.
HubSpot – Revenue and Growth
The company grew from $255,000 in revenues in 2007, to $15.6 million in 2010. Later that year HubSpot acquired Oneforty, the Twitter app store founded by Laura Fitton. The company also introduced new software for personalizing websites for each visitor. According to Forbes, HubSpot started out targeting small companies but “moved steadily upmarket to serve larger businesses of up to 1000 employees.”
HubSpot filed for an initial public offering with the Securities and Exchange Commission on August 25, 2014, requesting they be listed on the New York Stock Exchange under the ticker symbol HUBS. In July 2017, HubSpot acquired Kemvi, which applies artificial intelligence and machine learning to help sales teams. The company reported revenues of $674.9 million in 2019.
HubSpot revenue for the twelve months ending September 30, 2020 was $0.817B, a 29.15% increase year-over-year.
HubSpot has raised a total of $100.5M in funding over 6 rounds. Their latest funding was raised on Nov 5, 2012 from a Series E round. HubSpot is funded by 12 investors. GV and Sequoia Capital are the most recent investors.
Date
Round
Amount
Lead Investors
Nov 5, 2012
Series E
$35M
–
Mar 8, 2011
Series D
$32M
–
Oct 19, 2009
Series C
$16M
Scale Venture Partners
May 16, 2008
Series B
$12M
Matrix Partners
Sep 1, 2007
Series A
$5M
General Catalyst
Jun 14, 2006
Seed Round
$500K
–
HubSpot – Investments
HubSpot has made 10 investments. Their most recent investment was on Oct 25, 2018, when Ask Lorem raised $2.5M.
Date
Organization Name
Round
Amount
Oct 25, 2018
Ask Lorem
Seed Round
$2.5M
Sep 18, 2018
Sigstr
Venture Round
$4M
Aug 9, 2018
Blissfully
Seed Round
$3.5M
Mar 22, 2018
AdStage
Series A
$3M
Feb 20, 2018
Crystal Knows
Series B
$5M
Feb 5, 2018
Grow
Series B
$16M
Sep 26, 2017
Drift
Series B
$32M
Aug 22, 2017
Sigstr
Series A
$5M
May 23, 2017
PandaDoc
Series B
$15M
May 15, 2017
Terminus
Series B
$10.3M
HubSpot – Acquisitions
HubSpot has acquired 12 organizations. Their most recent acquisition was PieSync on Nov 4, 2019.
Acquiree Name
Date
Amount
About Acquiree
PieSync
Nov 4, 2019
–
PieSync solves the number 1 problem in the worldwide SME cloud market by offering a powerful solution to keep data continuously consistent.
Acenna Data
Apr 24, 2019
–
Acenna data uses machine learning to increase sales productivity for field sales
Motion AI
Sep 20, 2017
–
Motion AI is a software company that develops and “trains” chatbots.
Evolve App
Aug 25, 2017
–
Advice in Love, powered by Machine Learning
Kemvi
Jul 25, 2017
–
AI-powered growth automation for B2B sales and marketing teams
Rekindle
Mar 24, 2015
–
–
Rentabilities
Jan 1, 2014
–
Rentabilities is a rental company who can rent anything in Boston, Massachusetts.
Chime
Mar 29, 2013
–
Chime is a notification center for your browser.
PrepWork
Mar 29, 2013
–
PrepWork is a personal research assistant that briefs users on their appointments.
oneforty
Aug 18, 2011
–
oneforty is a social business hub that provides buyers with guide for businesses.
HubSpot’s competitors are Marketo, InfusionSoft, Adobe Marketing Cloud, Act-On, Wishpond, Pardot, Leadpages, etc.
HubSpot – Challenges Faced
In July 2015, HubSpot’s CMO, Mike Volpe, was dismissed for violating HubSpot’s code of business conduct. It was found that he tried to obtain a draft copy of the book Disrupted: My Misadventure in the Start Up Bubble, written by his former employee Daniel Lyons. According to an article in The Boston Globe, records obtained under the Freedom of Information Act indicated that HubSpot executives considered the book “a financial threat to HubSpot” and Volpe used “tactics such as email hacking and extortion” in the attempt to prevent the book from being published.
In April 2016, after his book was published, Lyons wrote in The New York Times that HubSpot had a “frat house” atmosphere. He also called the company a “digital sweatshop” in which workers had little job security. Later that month, HubSpot’s founders gave an official response to the book, in which they addressed several, but not all, of Lyons’ claims.
Last year, HubSpot launched multi-touch revenue attribution to tie your marketing work to the bottom line. Coming soon, HubSpot users will get a brand new custom report builder that pulls in even more HubSpot data. Think: emails, ads, social posts, campaigns, and more.
The company has also expanded product limits on reporting in the majority of HubSpot accounts and made dashboards more robust and flexible, so your HubSpot reporting adapts to every change that comes your way.
HubSpot – FAQs
What kind of company is HubSpot?
HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service.
Where does HubSpot get company information?
HubSpot Insights is a database of company information that HubSpot gathers by combining third party data, web crawling, and crowdsourcing to ensure the data can be as accurate as possible. It is updated in real-time as we get new information.
Who founded HubSpot?
HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.
HubSpot – Conclusion
There’s this notion that to grow a business, you have to be ruthless. But we know there’s a better way to grow. One where what’s good for the bottom line is also good for customers. The company believes businesses can grow with a conscience, and succeed with a soul — and that they can do it with inbound. That’s why Hubspot has created an ecosystem uniting software, education, and community to help businesses grow better every day.
The HubSpot CRM platform makes it easy for your entire company to work together — from marketing, to sales, to customer service. Each hub is powerful alone, but they’re even better together.
Current lifestyle of young generation is leading to many diseases. Today’s era though junk is spread everywhere but people are looking for healthy bites with good taste.
Healthy Master is a Bangalore startup co-founded by Shivali Agrawal and Dipti Singhal with a vision to “Replace Junk with Healthy”. It provides a platform where all healthy food items are available so people should not give second thought before purchasing. Read this article to know everything about Healthy Master.
Healthy Master is founded by two Moms, Shivali and Dipti, with the sole purpose to provide quality bites with delicious taste. Moms are the ultimate champions when it comes to healthy eating habits. With nourishment being an inherent nature of a mother, two moms are now moving beyond their roles to launch Healthy Masters – A one stop counter for all healthy needs.
Their vision is to spread awareness on healthy eating habits while making quality products available at your doorstep. Today, the fast-paced life is increasingly making junk food the most appealing food trend for all age groups. Although junk snacks are tasty and easily accessible, they are proven to be the main culprits for bad health. Therefore, Healthy Master is determined to replace the junk snacks with healthy and tasty dry fruits, millet-based substitutes and many more varieties.
Healthy Master – How It All Started?
Being mothers, Shivali & Dipti used to talk about magical world where only healthy stuff is available so they can close their eyes and pick anything for their family. But in real life its not like this. Junk is easily accessible to all the places while we need to struggle for healthy bites. With that thought they planned to build one stop shop for all healthy needs.
Healthy Master – Product/Services
Healthy Master’s current product ranges are non-fried millet based snacks, cookies, dry fruits, and berries. They have around 150 healthy food items. The products use no preservatives, no maida and are high in fiber & low in calorie.
They take at least 30-45 days to bring any items to their platform. They decide their do’s and don’ts for all the products, like if its cookies – No Maida, No Baking powder & No Artificial color. Like wise Millet snacks – Non fried and with No Preservatives.
They don’t just sell quality products but also provide best services to their customers like timely delivery, customer care support, diet help for people with diabetic, gluten free, keto diet etc.
Shivali was a housewife and always passionate about cooking healthy food. She started a business of selling dry fruits in May 2018.
“As Shivali and myself we were close friends, we discussed to create a complete Healthy platform as being mothers we were struggling to provide quality bites to our family.”, says Dipti.
By profession Shivali is an interior designer and Dipti is a Chartered Accountant and worked with corporate for more than 13 years.
Healthy Master Team
Healthy Master – Name, Tagline, and Logo
The team of Healthy Master took almost 21 days to finalize the name. Many rounds of discussion happened to finalise the name. Finally, co founder Tarun has suggested ”Healthy Master” and Shivali & Dipti loved it.
As name says, Thisplatform is Masters of Everyone’s Good Health.
Healthy Master Logo
Healthy Master – Startup Launch
Healthy Master was started with few of the co-founders’ friends, and got an amazing response that helped them to build their confidence level and then they started putting exhibitions in various apartments, tech parks etc.
The most challenging part was to finalize business partners, as initially volume was very low and they have fixed do’s and don’ts for their product ingredients. Their business partners were not ready to work for small volume and with stringent ingredients norms. They faced many obstacles but with patience and continuous efforts they have overcome that phase.
Healthy Master – Future Plans
Company is doing good and the team is continuously studying products which require to build a good immunity and will bring all those products that is good for everyone’s health.
Healthy Master – Recognitions and Achievements
“Our biggest achievement is customer satisfaction.”, says Shivali.
Healthy Master is a Bangalore startup co-founded by Shivali Agrawal and Dipti Singhal with a vision to “Replace Junk with Healthy”.
What does Healthy Master provides?
It provides a platform where all healthy food items are available so people should not give a second thought before purchasing.
Who handles the marketing for Healthy Master?
Tarun Agrawal is a cofounder of Healthy Master. He has a strong marketing background and handles a complete marketing portfolio for the company.
Healthy Master – Conclusion
Healthy Master are very experienced and knowledgeable in introducing less oil & non-fried items which are made up of power food items like millet, wheat, soya, fox seeds & different variety of snack items. The company’s mission is to create a junk-free world by providing healthy products to the community. They believe in one vision “Vision to serve healthy”. One of the main priorities for this decade is to inspire people to overcome unhealthy eating habits. They have managed to exhibit their products to create health awareness among, individuals, schools, colleges, workspace to make healthy & happy living an essential part of everyone’s life.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
Students assume getting a four-year degree and taking on the thousands of student loan debt that comes along with it – is the only way to get your foot in the door at top companies like Apple, Google, and Netflix. International Business Machines Corporation (IBM) is an American multinational technology and consulting company that provides hardware, software, cloud-based services and cognitive computing.
IBM along with Google, Apple and 11 other companies no longer require employees to have a college degree. In 2017, IBM’s vice president of talent Joanna Daley told in an interview that about 15 percent of her company’s U.S. hires don’t have a four-year degree. She said that instead of looking exclusively at candidates who went to college, IBM now looks at candidates who have hands-on experience via a coding boot camp or an industry-related vocational class.
International Business Machines Corporation (IBM) is an American multinational technology and consulting company headquartered in Armonk, New York, with more than 350,000 employees serving clients in 177 countries. IBMis a global technology company that provides hardware, software, cloud-based services and cognitive computing. Founded in 1911 following the merger of four companies in New York State by Charles Ranlett Flint, it was originally called Computing-Tabulating-Recording Company.
IBM has been present in India since 1951. Since inception, IBM India has expanded its operations with regional headquarters in Bangalore and offices across 20 cities. IBM India has established itself as one of the leaders in the Indian Information Technology Industry.
As a leading cognitive solutions and cloud platform company, innovation is at the core of the IBM company strategy. This is reflected in the end-to-end solutions delivered to clients, which span from software and systems hardware to a broad range of infrastructure, cognitive, cloud and consulting services. IBM helps clients solve complex business and technical issues by delivering deep business process and industry expertise. This is enhanced with advanced analytics, research capabilities, comprehensive IT infrastructure knowledge and the proven ability to implement enterprise solutions to deliver bottom line value to businesses and governments worldwide.
IBM – Logo and Meaning
IBM Logo
Current IBM logo was designed in 1972 by an iconic American graphic designer Paul Rand. He understood that a distinguishing mark was essential to a company’s success. Distinctive company logotype is the principal mean of distinguishing one product from that of another he observed.
IBM – Founders and Team
Charles Flint and Thomas Watson Sr. are believed to be the founders of IBM.
Charles Flint (Left) & Thomas Watson Sr.(Right) | Co-Founders, IBM
“It is the policy of this company never to be satisfied with what we have and always to anticipate the demands of the future.”
This quote captures the vision of Thomas Watson Sr. who forged the disparate pieces of C-T-R into a strong, unified company that became International Business Machines.
“I had the leisure to turn to a field which has since interested me more than any other one—that is, the consolidation of corporations, the forming of what used to be known as ‘trusts.’ I have been called ‘the father of trusts,’ although sometimes I think I have been more nearly in the relation of godfather ,” said Charles R. Flint.
The Computing-Tabulating-Recording Company, the precursor to IBM, was founded on June 16, 1911. At its beginning, it was a merger of three manufacturing businesses, a product of the times orchestrated by the financier, Charles Flint. From these humble beginnings sprang the company that Thomas Watson Sr. molded into a global force in technology, management and culture.
Arvind Krishna (an IIT Kanpur graduate) is Chief Executive Officer of IBM.
Arvind Krishna | CEO, IBM
Arvind Krishna (born 1962) is an Indian-American business executive. He has been the CEO of IBM since April 2020 predeceasing Ginni Rometty . Krishna began his career at IBM in 1990, at IBM’s Thomas J. Watson Research Center, and was promoted to senior vice president in 2015. As a business leader and technologist, he has led the building and expansion of new markets for IBM in artificial intelligence, cloud, quantum computing, and blockchain. He has also played a significant role in the development of innovative IBM products and solutions based on these emerging technologies. Over his 30-year career at IBM, Arvind led a series of bold transformations and delivered proven business results. He most recently drove the successful $34 billion acquisition of Red Hat – the largest software acquisition – that has defined the hybrid cloud market.
In 1911, the company was incorporated as the Computing-Tabulating-Recording Company (C-T-R) and manufactured a variety of machinery including industrial time recorders, commercial scales, tabulators, and punch cards.
C-T-R in Thomas Watson’s era.
Three years later, Thomas J. Watson, Sr. joined the company as general manager and set the company on course to become IBM as it’s known today. Soon after being named president, Watson oversaw the shift of the company’s primary product offering to large-scale business computing equipment and transitioned the name to IBM. To catalyze technological innovation, IBM opened the Watson Scientific Computing Laboratory at Columbia University in 1945.
IBM launched 701, the company’s first computer, in 1952 and spent the next two decades dominating the field of mainframe and minicomputers. These machines (specifically the System/360 and 370 families) were capable of unprecedented levels of computing power, so they were widely used by businesses, universities, laboratories, and government offices alike. The dawn of personal computers (PCs) in the 1980s and 90s, however, created dramatic financial losses for IBM. As vendors like Compaq, Dell, and HP took over the PC and PC compatible market, IBM shifted toward integrated business solutions, consulting, and research.
IBM – Investments
Stock Symbol: NYSE:IBM
IPO Date: Jan 16, 2015
IBM has made 36 investments. Their most recent investment was on May 21, 2020.
Date
Stage
Amount
Organization Name
May 21, 2020
Corporate Round
–
we.trade
Mar 9, 2020
Series D
$25M
Lightbend
Jan 30, 2020
Funding Round
$20M
Cambridge Quantum Computing
Dec 11, 2019
Series C
$35M
Digital Asset
Nov 3, 2019
Grant
$120K
Finclude
May 8, 2019
Grant
CA$50K
Syngli
Sep 20, 2018
Grant
CA$50K
Syngli
Jul 20, 2018
Grant
$140K
Borza
May 1, 2018
Grant
–
Hafnium Labs
Feb 14, 2018
Grant
$120K
Datawifi
IBM – Revenue
IBM revenue for the quarter ending September 30, 2020 was $17.560B, a 2.6% decline year-over-year.
IBM revenue for the twelve months ending September 30, 2020 was $75.030B, a 2.72% decline year-over-year.
IBM is dedicated to innovate and develop in the fields of mainframe, nanotechnology, personal computers to digital data management, virtualization and cloud services. The IBM business model is based around providing software that allows large corporations to connect their disparate software systems and improve their IT performance.
So, five different business segments help IBM to channelize its business and they are-
Global Technology Services (GTS) – Most of the amazing businesses which are pretty large in the number have to make sure that there are so many different financial services that are present in the company along with some other industries such as the retail, telecommunication, healthcare, and some other things as well. Also, the business model of IBM has a pretty robust and amazing IT infrastructure that would be able to serve the customers to provide some results. The IBM Company is also using such services such as strategic outsourcing, integrated technology, support, Cloud, and other services as well.
Global Business Services (GBS) – There are some amazing services which are provided in the GBS and this is something that can be considered as a pretty great advantage for sure.
A) Consulting: Expertise on business strategy, Technology, Finance, marketing, operation, supply chain, software, systems hardware, global financing.
B) Application Management Services: It offers application management, support services for packaged software, maintenance, custom and legacy application.
Software Services
The company of IBM is also offering some of the services to the people who need some software assistance as well. There are some operating systems which are provided to the people along with middleware in the best way. The Middleware services that are provided are software layers which will be able to connect all the systems that are provided in the company. There is a standards software platform for the company. These are some services which are provided to the people in the business model of IBM who might need it in the first place to have their solutions for the software related problems.
Systems Hardware Services
To be honest, there are some hardware services that are provided in the business model of IBM as well and these are the services which are going to help people in the hardware front in the best way.
These are the hardware services which include the amazing system servers along with the storage solutions as well. The business model of IBM also provides some of the best installation services for the people.
In such services, the people will be provided some help when it comes to the installation of the different hardware products that have a pretty complicated nature.
These services make such processes pretty simpler for the people and hence are some of the best options for the generation of revenue for the company. The business model of IBM provides much importance to this service.
Global Financing
When it comes to the financing options in the best way, there is simply not a single speck of doubt about the fact that the businesses model of IBM is simply the best option for sure.
That is because the lease, installment payment options, as well as the loan financing options are the ones that are handled in this front and that too in the best way for sure.
That is one of the most important reasons why people tend to have so much faith in the business model of IBM. Three key services offered by this segment are client financing, commercial financing re-manufacturing and re-marketing.
IBM – Competitors
IT Services: IBM’s main competitors are Accenture, Hewlett Packard, and Wipro Technologies.
Infrastructure Software: IBM’s biggest competitors are Microsoft, Oracle, and Amazon.
Hardware: IBM mainly competes against Oracle, Dell, and HP.
Global Financing: IBM competes with numerous small players.
IBM – Hires Based on Skills and not College-Degree
As with so many other companies competing for tech talent in a shrinking labor market, IBM is looking for hands-on skill rather than credentials. As more workers continue to pursue self-guided learning, the skills-based model will grow. Boot camp-style immersion programs are gaining momentum across the country.
Having a four-year college degree is generally regarded as a necessity to score a job in tech. But as the number of tech jobs has climbed, far outpacing the number of applicants, companies like IBM have turned to talent with non-traditional educational backgrounds. With this drastic shortage of tech workers, the company is now focusing on skills-based hiring rather than credentials to fill these roles. Many giant companies like GitHub follows the same procedure. In a USA Today column, the company’s ex CEO Ginni Rometty explained that not all tech jobs require a college degree. As industries transform, she says, “jobs are being created that demand new skills – which in turn requires new approaches to education, training and recruiting.” These “new collar jobs,” said Rometty, were becoming harder to fill.
Ginni Rometty, ex-CEO of IBM
In the U.S. alone, there are more than 500,000 open jobs in tech- related sectors, according to the U.S. Department of Labor. A recent study by Code.org reports that as many as 1 million programming jobs will be unfilled by 2022.
“About 15 percent of the people we hire in the U.S. don’t have four-year degrees. There’s an opportunity to broaden the candidates to fill the skills gap,” said IBM’s vice president of talent Joanna Daly.
In June 2017, the company announced that it would be partnering with community colleges across the U.S. to better prepare more Americans for “new collar career opportunities.”
For those who don’t have a bachelor’s degree, Daly says she likes to see hands-on experience and that you’ve enrolled in vocational classes that pertain to the industry you’re applying to.
“I like candidates who have taken the initiative to learn these skills,” she says. For example, she advises that you take a coding boot camp if you want to work online.
“Know about the area that you’re applying for,and have a point of view about what we’re doing,” says the HR executive.
IBM’s growth has returned in virtually all segments of the company. In 1995, IBM’s sales reached almost $72 billion, up more than 12 percent from 1994. For this, Gerstner(ex-CEO) and his team deserve great credit. Profitability was also up by 42 percent. And shareholders were richly rewarded: earnings per share rose by 44 percent. Even the mainframe market, the heart of IBM in the 1970s and 1980s that critics pronounced dead in the early 1990s, has recovered, with new mainframe computers bringing in substantial profit margins.
IBM – Future Plans
Arvind Krishna, the chief executive of IBM said that their goal is accelerating their future and growth strategy.
He further adds, ” we are focused on accelerating our growth strategy and seizing the $1 trillion hybrid cloud opportunity. As we work toward this goal, two things are becoming increasingly clear. First, we’re seeing a tremendous increase in client demand for our capabilities and expertise. Second, we’re noticing that client buying needs for application and infrastructure services are diverging. Because of this, we have decided that the managed infrastructure services business of our GTS segment will become an independent company, which we’re initially referring to as “NewCo.” We expect the new company to be created sometime toward the end of 2021.IBM will sharpen its focus on its open hybrid cloud platform and AI capabilities. And the new company will focus on delivering managed infrastructure services.”
He also said that apart from what will change, it is also important that the company emphasizes on what will not change. Both companies are going to share the same DNA. Namely, a deep understanding of how to apply the power of computing, how to solve complex problems, and how to work with customers to develop solutions that make sense in the context of their industries.
NewCo already serves more than 4,600 clients—including more than 75 percent of the Fortune 100. Its global reach will span 115 countries and include about 90,000 of IBM teammates. NewCo will also have greater freedom to forge partnerships and alliances in the managed infrastructure services space. This will open new avenues for growth. Basically, for both companies, client success will remain their north star.
IBM – FAQ’s
What is IBM famous for?
IBM, in full International Business Machines Corporation, a leading American computer manufacturer, with a major share of the market both in the United States and abroad. Its headquarters are in Armonk, New York.
Is IBM an IT company?
IBM is a multinational technology company from the United States that makes and sells software, computer hardware, infrastructure services, and consulting services. IBM is one of the biggest Information Technology companies in the world.
What is the old name of IBM?
A merger of three 19th-century companies—the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company of America—creates the Computing-Tabulating-Recording Company (CTR) on June 16, 1911. CTR is the precursor to IBM.
Did IBM make the first computer?
The first IBM PC, formally known as the IBM Model 5150, was based on a 4.77 MHz Intel 8088 microprocessor and used Microsoft´s MS-DOS operating system. The IBM PC revolutionized business computing by becoming the first PC to gain widespread adoption by industry.
What does IBM sell today?
IBM sells IT services, cloud and cognitive offerings, and enterprise systems and software. The Global Technology Services segment is IBM’s biggest revenue source, but Cloud & Cognitive Software is the most profitable. IBM strives to be a leading provider in the hybrid cloud and AI.
Who is the new CEO of IBM?
IBM’s board of directors appointed CEO Arvind Krishna as its chairman, taking over from executive chairman and former chief executive Ginni Rometty.
IBM – Conclusion
Although IBM never fully recovered from its business losses, it is still a leader in the IT industry today. It’s home to the largest industrial research facilities in the world, so it makes sense that IBM is still a powerhouse of large-scale business hardware offerings—specifically mainframe computers, servers, and infrastructure. IBM is also competitive in hosting and consulting services, including Platform-as-a-Service (PaaS), Managed Security Services (MSS), and IoT consulting.
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 ShareAcre.
Note: Share Acre is no longer in business and closed.
Many of us dream to own a holiday home. Who would not love to buy a farmhouse near the beach or amidst the greenery of a hill station? If you are also one who has been planning to purchase a second home in a dream location, but the hassle of finding a suitable property, shortage of fund and the fear of the lengthy legal formalities is deterring you, then there is good news for you.
Share Acre, a Mumbai based startup brought the concept of co-ownership of second homes in India. Share Acre lets you co-own your second home and even rent and sell it if required.
Share Acre is a real estate startup founded in 2018. ShareAcre allows two or more like-minded people to come together and split the cost and CO-OWN a second home to use, rent and eventually sell. This enables the customers to purchase a fully furnished and professionally maintained second home at a fraction of the total cost. Besides, Share Acre lists only curated and vetted listings and provides all services associated with buying, like legal and financial services, making the process super simple.
Share Acre is driven by the vision of becoming a major player in the Indian market for second homes, by radically transforming the way of buying and selling vacation properties via fractional ownership.
Second Home Industry in India
Share Acre operates in the second home market (real estate sector). In the year 2014, as per HinduBusinessLine, 1.3 million second homes were sold in India. This market is been growing at a rate of 10-12% in sales. In absolute terms, the growth registered by the vacation home segment in 2014 was 57 percent over the year 2013.
With rise in the buyer confidence, we believe that the second home market will see growth rates similar to the year 2014. Moreover, as India continues to prosper and incomes see to rise, being that a majority of second home buyers are in the upper-income segment, we can see further growth in this market.
A major hurdle for the second home market remains that it is perceived to cater to only the upper-middle income class, due to the high ticket prices for premium luxury homes, thus restricting and constraining its market reach. However, with the introduction and expansion of fractional ownership, as introduced by Share Acre, lowering ticket prices, for both usage and investment, and providing of various other services, growth in this sector is likely to aggressively accelerate in the coming five years.
Vivan Puri, Nirbhay Bakshi, and Udai Chawla are the founders of Share Acre.
Vivan Puri is a graduate of New York University. He saw the popularity of second home concept or co-ownership of a second home in foreign countries and wanted to introduce the concept in India.
Nirbhay Bakshi graduated from O. P. Jindal Law School, on a full scholarship, with a BA. LLB degree in 2018. He worked in corporate law at the Banking and Finance team of ELP, Mumbai. His parents were on the lookout for a second home, and Nirbhay was well aware of the problems associated with finding one. So when the idea of starting Share Acre came up, looking at the immense potential it had, he left his job to join the founding team of Share Acre.
Udai Chawla graduated in 2017 from Drexel University with a bachelor of Science degree in Business Administration. He worked for Sotheby’s and subsequently, BPTP (a real estate firm in New Delhi). While working at these firms he realized that the customer buying experience has a void and the real estate market has rising prices, without alternate ways of ownership. This is the reason, he became a part of Share Acre.
Fractional ownership or co-ownership of second homes is a concept adopted around the world and has allowed people a more efficient, cost-effective and accessible way to own second homes. Vivan always had a keen interest in the second home sector, as it was an excellent option from both lifestyle and investment perspective.
However, he observed that in India there was no company providing the service of co-ownership of second homes. He discussed the concept with his friends, family and colleagues, and realized that owning a piece of property is a universal desire and a second home is an aspiration for many in India. He was confident that offering curated, fully furnished and well-managed properties with co-ownership options will be well suited for India.
To make things easier, along with the property he further thought of offering services required while purchasing a property like legal and financial services. Share Acre started operating from 2018.
Share Acre – Name, Tagline, and Logo
The startup was named Share Acre, as the name conveys the concept of co-owning in real estate.
We are the proud owners of over 50 domain names, which we bought while trying to come up with a name.
ShareAcre Logo
The company’s tag line, ‘Fractional Realty, A Reality’, conveys the company’s mission of helping Indian’s realize their aspirations of owning a second home.
What is Share Acre
Share Acre takes care of all the aspects required for owning a second home. It selects the best of property, takes care of interior designing, manages and maintains the property, does rental management, assists in resale and takes care of all the documentation and execution matters. The company is also creating a platform and unique dashboard that helps buyers use their property like never before.
There is a dilemma with any buyer of a second home; they want to purchase a second home to improve their lifestyle, as a status symbol, to have a break from the city life or as an investment. However on the flipside they do not want to incur heavy costs or have the additional responsibility of maintenance. Furthermore, by its very nature, a second home is used only a fraction of the time. The property lies vacant while the buyer still must pay the maintenance cost. With Share Acre, assuming 4 buyers, each buyer is able to enjoy 90 days in the property ensuring equal access during season days, weekends and bank holidays, all managed through a property manager and an online management portal provided by Share Acre. This allows buyers, via their property manager, to rent out their share of days and earn rental income while splitting the cost of maintenance and other recurring costs.
Therefore, Share Acre enables any such aspirational buyer to enjoy the benefits of owning a second home for up to just one-fourth of the total property value and without the additional responsibilities of maintenance and management.
A major issue with buying second homes is that it requires research, site visits and legal checks. Currently, there is no other platform focused on curated listings. Share Acre lists properties only after a thorough legal and financial due diligence and after conducting site visits and discussions. Furthermore, all the listings have pre-negotiated all-inclusive prices, that include the property cost, stamp duty, GST, cost of full furnishing, first-year maintenance and a security deposit. Thereby, showing buyers the actual and total cost of the property. Another Share Acre advantage is that it does not charge any brokerage from the buyers.
An expense that buyers have to incur is the huge brokerage fees, often as much as 3% of the property value, which translates to lakhs of Rupees. We on the other hand charge no brokerage from the buyer, while also providing an end to end service platform, which means we provide assistance in the purchase, documentation, interior design and property management.
Work for developing the product began in 2017. The Share Acre team spent months ensuring all legal compliances and creating the co-ownership documents that would best protect the customers’ rights. For this Share Acre tied up with one of the best law firms in India, Desai and Diwanji.
Share Acre also associated with a renowned chartered accountancy firm, N.A Shah Associates LLP, for creating a tool to analyze investment value in properties. The team spent months scouting for the best properties across India and tying up with developers. To take care of the interiors it joined hands with SiCiDi Architecture, a leading architecture company, which has a client list including Amitabh Bachan and Priyanka Chopra. After putting all this in place and the offering prepared, Share Acre went live in 2019 and the services became accessible to buyers.
To take care of business and strategy, Share Acre brought on board Mr. Naresh Wadhwa, the ex-head of CISCO Asia. It also raised funds for marketing from Mr. Jayendra Shah, who is Share Acre’s first angel investor and is an advisor to the company
Share Acre – Revenue Model
The Share Acre revenue model earns via brokerage from sellers and a commission on property management services and rental services.
It lists properties that have a price range of 15 lakhs to 3 crores, for 25% of the property
Share Acre – Funding and Investors
Share Acre raised seed funding from angel investor Jayendra Shah in January 2019. The amount for Share Acre Funding was undisclosed.
Funding Date
Funding Stage
Funding Amount
Investor
5th January,2019
Seed
Undisclosed
Jayendra Shah
Share Acre – Startup Challenges
The most challenging part for the Share Acre team was to filter out the best properties. This involved countless trips across India to find the best properties for the buyers. There were times when the team has to spend weeks negotiating prices with developers, to ensure the most cost effective price for the end consumers.
Share Acre – Competitors
Currently, there are no other companies offering fractional ownership in India. Share Acre provides curated listings of property and end-to-end assistance to facilitate the sale, without taking any brokerage from the buyer. It also provides fully furnished interior design and property management. No other company in India provides all these services in a single package.
There are multiple listing platforms. But they are all plagued with a common problem of sub-par user experience. They have countless listings, without curation, and do not provide end-to-end services until the purchase of the property. Similarly, there are countless real estate agents, but they charge high amounts in brokerage from both the buyer and seller. And there are countless property management and interior design firms but all charge a premium price and do not come together with the property.
Share Acre – Advisors and Mentors
Share Acre has experienced advisors and mentors in its team. The company is being mentored by
Mr. Jayendra Shah (advisors to. companies such as Unichem Laboratories)
Mr. Naresh Wadhwa (ex-head of CISCO Asia)
Mr. Sahil Dhowan (Head of TCCM fund)
Share Acre – Growth
Share Acre is one of the few or maybe the only fractional ownership companies in India till date. Share Acre has expanded to over 7 cities in India and has secured properties of the best developers in the Industry, including Della (Lonavala), Ekta (Nashik), Ashray (Goa), Ahillia Homes (Goa) and Tata (Goa). It has also tied up with Opnhouz, a real estate brokerage firm in New Jersey for reaching out to NRIs. To find new avenues of investment and growth, Share Acre has brought on board experts from the industry, one of which is Mr. Sahil Dhowan.
Frequently Asked Questions – FAQs
What is Fractional ownership of home?
Fractional ownership of homes is a concept adopted around the world where it provides people a more efficient, cost-effective and accessible way to own second homes. The parties involved share maintenance charges for the home and have the property to themselves depending on the fraction of the property they are paying for.
What is Share Acre?
Share Acre is a real estate startup that allows two or more like-minded people to come together and split the cost and CO-OWN a second home to use, rent and eventually sell. They also provide all services associated with buying, like legal and financial services, making the process super simple.
What are the names of some fractional ownership startups in India?
Till date (March 2021), Share Acre is the most popular and seemingly only fractional ownership startups in India.
In the last decade, all we ever saw was the emergence of health standards be it in the FMCG sector or the hospitality sector. It’s not that the authorities had started giving it much importance, but it’s the consumers who have started paying close attention to what they are eating and how healthy- environment and nutrition-wise it is! With the same vision, Mr. Ashish Dang started The Date House in 2018.
The Date House is all about bringing luscious but healthy varieties on the table. Extending the usage of dates into products such as jams, spreads, and cookies. Also, they aim to pioneer in bringing luxurious and hygienic products to the table.
The brands consumers eat, drink and wear have become an expression of whom they aspire to be. Lab-created artificial and “natural” flavors are not in demand; consumers want real ingredients from nature. Consumers are seeing their purchasing decisions as a form of activism – they are “voting with their dollars,” supporting companies that align with their personal beliefs and hope for the future. That’s where the idea of THE DATE HOUSE took birth.
Healthy premium food products where the base is Natural product; what can be better than Dates & nuts. The Date House is all about bringing the best of natural products from all across the globe. Also, other products derivatives are based upon the natural food product.
The Date House’s premium filled chocolate dates
The Date House – Target Market
The global wellness industry grew 12.8 percent from 2015-2017, from a $3.7 trillion to a $4.2 trillion market. To put that in the economic context, from 2015-2017, the wellness economy grew 6.4 percent annually, nearly twice as fast as global economic growth (3.6 percent).
The Indian Market specifically is also showing a highly positive trend in Health & Wellness food segment.
A new FICCI-PWC report, ‘The changing landscape of the retail food service industry’ identifies ‘health and wellness’ as one of the factors driving the Indian food services industry, which totaled Rs 3,37,500 crore in 2017. The food services business is expected to grow to Rs 5,52,000 crore by 2022.
The focus on health and wellness is because of a growing recognition of the need to eat right, the report states.
The Date House’s Filled Dates
The Date House aspires to develop the food industry into a transparent, healthy and socially responsible business. It envisions to create better alternatives to traditional sweets and create a more sustainable market for the customers. And they strive to do so by educating the customers to adopt healthier alternatives. Also, they aim to pioneer in bringing luxurious and hygienic products to the table.
The Date House – Founders and Team
Ashish Dang is the founder of The Date House.
Ashish Dang is a B Tech and MBA (Retail & Marketing) by qualification. He has 11 years of international retail experience and worked in Senior Management role for 8 years. Based in Dubai, Ashish handles idea creation, strategic, procurement, marketing, deriving business & pricing model, and is also exploring overseas opportunities for The Date House.
The other core member of the founding team is Pankaj Rattan. Pankaj holds a Bachelors’s Degree in Commerce and has over 15 years of experience in international retail. Based in India, Pankaj looks after sales & distribution, local vendors management and operations management tasks for The Date House
Ashish and Pankaj worked for 2 years together in Amman, Jordan for a large retail group. They connected well from the start and had a really good synergy since then. Pankaj has always been very passionate about his work and his understanding of business expansions were amazing. He grew the Kidswear brand he worked for to 4 times its size within 2 years. So, it was clear that Ashish wanted someone like him to join in this journey.
Once this idea of a healthy sweet alternative for the India market stuck in his mind, Ashish approached Pankaj and he was on board immediately. Since then, they have moved forward strong and undivided in both personal & professional bonds. The family support was also strong. As Ashish quotes-
Family also has been great support where House ladies(Bandna (My Wife) & Deepika (My Sister inlaw) are chocolatier who looks after the production of chocolates & chocolates. Bandna has studied the art of making chocolates from International Center for Culinary Arts, Dubai
After decades of traveling and tasting sweets from all over the world, sampling specialties from every place they visited, one thing was consistent: the unfamiliarity of ingredients used. Local shops provided delicious fare, but with no information about how the sweets were made, of hygiene and most importantly, health. That is when they thought of the healthiest sweet alternative of them all: dates. Not just delicious but immensely healthy, dates satisfied our sweet cravings and our health needs – and that led to the birth of The Date House.
They wanted to take the exotic dates all across, and so they not only invested in the sourcing but also in the packaging. They have a team of renowned designers who work on each aspect of designing and packaging. The idea is that customers get the pack of goodness in an appreciative and beautiful pack.
The Date House’s Ajwa Dates
The sample run of the product was done last Diwali season to understand consumer behaviors and reactions to it. They launched it in tier-2 cities in a few retail stores and response was amazing all the inventory was sold in half the time. So after that, they spent some good 6 months in packaging & marketing elements of it. Now, the product is ready for Global Audience too.
The Date House – Name, Tagline and Logo
For the name, they wanted to have something simple still which can be joyful later if the brand needs to move in that direction, and what’s better than The Date House. Product messaging is clear through the brand name, and it has enough room to be playful. For ‘The Date House’ logo, a very talented design team was hired who gave birth to the date house logo. The eye-catching part is that the logo incorporates both T & H in the form of a Date tree.
The Date House Logo
The Date House – Business Model and Revenue Model
The Date House typically has two business models in place:
Distribution model (Exclusive and Non- exclusive): Distribution for a specified area will be provided to the stakeholders. It will be of 2 types: exclusive and non-exclusive.
Exclusive Distribution provides the benefit that all the retailers and non-exclusive distributors will be fed through this channel for that region except for franchise stores. Exclusive distributors will be eligible for a special price to the distributor to provide minimum annual order commitments which to be agreed at the time of signing the distribution agreement.
Non- Exclusive distribution partners are eligible to sell the products in the defined area and products will be provided through Exclusive distributor. In the event of No availability of exclusive distributor, Non-exclusive will be fed directly by The Date House.
Franchise store model (Franchise Kiosk in A & B grade Mall or own property in premium location): The team understands what is required to have a profitable venture which is high space productivity and constant value addition. They have small space requirements only which are around 80- 120 sq meters for own store and 150 sq meters for a flagship store. All the franchise stores will be provided all the elements of store design, product details, staff training, and all the products directly by The Date house
The product pricing starts from INR 175 to INR 1799 and the following products are already launched in the market:
Pitted Dates
Medjool Dates
Premium Filled dates with imported Nuts
Chocolate Dates filled with Nut inside
Ajwa dates
Honey Oats Date Cookies
Coconut Crunch Cookies
Honey Almond Cookies
They are also in the process of launching Date Jam, Date spread & Date paste as a healthy alternative for the customers
The Date House – User Acquisition
They went with the two-fold strategy to reach the right kind of physical stores and educating people through our social media campaigns. The main challenges lasted only a few months which was to find the platform to reach the end customers. Once they figured that out after convincing only a couple of retailers about the potential in this product and future of a healthy food product line, the journey gained its pace. After initial sampling, the response was amazing from the customers which provided the confidence to take it to the next level. A mix of Online orders and repeat retailer orders took them through the first benchmark of 100 customers.
After understanding the potential in the first few months, they wanted to reach prominent gifting players in the market. The Date House wanted to operate as a healthy & premium alternative to available high sugar traditional sweets.
Hence they participated in the Gift Expo exhibition in Delhi this year. It gave them the platform and a wider audience. This Diwali had a lot of leads from the exhibition which helped them reaching to a wider audience. As a new startup who has a solid product are looking for bigger opportunities & stronger alliances; they want to keep innovating with their products and packaging to remain exciting enough.
The Major challenge was changing the perception about dates. In most parts of India, it is considered a sticky winter fruit. Not many people have tasted the best of the dates available and very few with exploring the taste of it when combined with Nuts. Also to have an idea of going for chocolate dates with nuts was a bit difficult to sell initially unless people start trying it. But the most encouraging thing was when people tried the product and they just loved it. They liked the taste & texture of the product. The Date House sources all the dates from Middle Eastern countries. Even the nuts used are from the best available sources like pistachio from Iran, Walnut & almond from the USA. A lot of sampling goes behind the product and here, it is a continuous process. Also, they have used our website & social media quite a lot in educating customers about our product.
The Date House – Competitors
The world of Indian desserts witnessed a major change when the trusted local halwai was overtaken by branded, multi-store chains such as Haldiram’s and Bikanervala. Though this was more than half a century ago, there is once again a similar uprising, albeit a quieter one and for a more discerning audience. Several gourmet mithai makers have stepped onto the scene, taking basics such as besan laddoo, khoya barfi, Kaju katli et al a notch higher by introducing a variety of sweets in a combination of dates. Some of these brands are Gur Chini, Arq, Khoya to name a few.
The Date House – Future Plans
The Date House operates from Jalandhar as they have the right infrastructure to reduce the Capex for them. Also, The Date House has a distribution office in Mumbai & Coimbatore each. Sourcing is being done by their Dubai team.
The first year into the business, the future looks promising but they also have a challenge of breaking the common perception about dates. The majority of Indian audiences will take some time to accept dates as an all-season product, so they are widening the portfolio with cookies, jams, and many more products to ensure that Indian summer is also included.
The team envisions to globalize ‘The Date House’ into a premium healthy brand. They are working to provide pan India availability of the products for A & A+ stores in all metros, and franchising and expansion of The Date House. The company is also targeting to open Kiosks in tier 1 & tier 2 cities malls from next year.
The Date House – FAQs
What is The Date House?
The Date House is a top online brand you can shop online on LBB. Buy Food & Beverages, Snacks online from The Date House.
India is fast becoming a startup hub with many startups coming up with innovative and fresh ideas. In the year 2018, more than 1200 startups came into being. With the growing number of startups, and also freelancers, the need for working spaces has risen. To meet this growing need for working spaces, co-working spaces are coming up. Co-working spaces provide small entrepreneurs and freelancers an ideal workspace and work environment.
Work Studio Coworking, a Patna based startup has come up with the vision to build a vibrant community of businesses and startups in Tier-2 and Tier-3 Cities. The company strives to make a business-friendly environment where budding organizations can grow together.
We want to provide a professional and business-friendly environment so that people need not look towards big cities for employment and can get jobs easily in their home towns.
The concept of co-working spaces has gained good popularity all over the world around the past couple of years and the trend has been well received by Indian startups too. India is the 3rd largest startup hub and the 2nd largest freelancer workforce in the world, as such there is huge scope for growth of co-working spaces in India. The potential demand for seats in the co-working space is more than 3.5 to 4 million.
Currently, the potential market size for the co-working segment across India currently stands in the range of 12-16 million.
Segment
Market size
Freelancers
1.54 Million
Startups
0.1 Million
SMEs
1.5 Million
Enterprise
10.3 Million
Total Market Size
15.5 Million Approx
According to a report published in Harvard Business Review, people working in coworking spaces have a feeling of more meaningful work, more job control and sense of community as compared to those working in regular offices.
Work Studio Coworking – Founders
Alok Kumar, Rahul Samrat, Sonu Saurav, Ishan Paul &, Prakhyat Kashyap are the founders of Work studio co-working.
Alok is an engineering graduate from GIT Jaipur.
Rahul is an engineering graduate from Bhagalpur college of engineering technology and worked as a project engineer at Wipro prior to founding Work Studio.
Sonu is an alumnus of Patna University.
Ishan is an engineering graduate from Dehradun Institute of Technology.
Prakhyat is an MBA from Lalit Narayan Mithila University.
Work Studio Coworking – The Idea and Starting Up
In the last few years, Patna has emerged as a buzzing startup community and looking for work-space was an issue that the startups faced. With a view to cater to this demand for well equipped and well-managed work-spaces, Work Studio Coworking was started.
Being an entrepreneur we had the calculation ready for the requirements of the city. We analyzed it well, pitched it with some investors and got some seed money to start with. It is a great excitement to bring something new for our home town. Although it was a common concept in metros but bringing it to our state really excited us.
Work Studio Coworking – Name, Tagline and Logo
The founders wanted the name to be professional, unique and something that defines their work completely. It was Rahul who came up with the name ‘Work Studio Coworking’.
The company’s tagline is “where business grows together”.
Work Studio Coworking’s logo was designed by Alok. The logo has 6 hexagons which define the networking and collaboration of businesses. It seems all the different entities working together and help others to be completed which is our vision to bring all the resources together. Also, the logo has a mouse which defines our working structure.
Work Studio Coworking – Services
Work Studio Coworking is the largest coworking space in Patna and in Bihar as a whole. Work Studio provides all kind of office spaces like flexible seats, open dedicated seats, luxury seats, virtual office. The services offered include separate meeting rooms, conference hall, event hall cafeteria, game zone, HD projector, zero electric charges, free high-speed internet and also medical checkup facility. The space also has facilities like printing, scanning, lockers, oven, refrigerator, etc.
Work Studio Coworking started their 1st unit in Kankarbagh Patna with multiple offerings like an open desk, dedicated desk, open dedicated desk and premium of about 100 seats. The unit was started on 1st April 2018 and after 4 months the unit became profitable. Later on another unit of Work Studio with 100 seats more on 15th November in Ranchi. It got completely occupied just after the launch. The company also has units in Gurugram. There are 3 more units under construction which will be launched in upcoming months.
Work Studio Coworking boasts of a great community of around 200 people which is continuously increasing as per the units.
Work Studio Coworking – Revenue Model
Work Studio Coworking has a unique model where it provides full-fledged office space with all the services included, to company, startup, freelancer or any sort of business at such an affordable cost which may cost three times if they set it up themselves.
The company offers daily pass at INR 250/day. Depending on the services included, the other plans are Flexi Plans at INR 3500/month, open dedicated plans at INR 4500/month and dedicated Plans at INR 5500/month.
Work Studio Coworking has not raised any major funds to date.
We have received initial funding over our particular units. So we are still bootstrapped in a way.
Work Studio Coworking – Customer Acquisition
We promoted heavily by not investing but by asking people to change their profile picture of Facebook with our backdrop and it worked.
Work Studio Coworking got amazing mouth to mouth advertising and got a lot of recombination of clients. The company also keeps conducting a lot of community events which made the place one of the most happening places in the city. The ambiance is full of positivity which keeps people inspired and this is the biggest publicity trick.
Work Studio Coworking – Challenges
Many people in the tier 2 and tier 3 cities are still not aware of the concept of coworking space, which posed a challenge for Studio Coworking spaces.
It was very difficult in the initial days to make people understand what is coworking. People were not understanding the concept we were promoting. Later on, we promoted as affordable office, fully furnished office and many other ways.
Although the industry is full of big and small players, the uniqueness about Work Studio Coworking is that they are focusing mainly on tier-2 and tier-3 cities.
Work Studio Coworking – Future Plans
Work Studio Coworking currently has multiple units in Panta, Ranchi and Gurugram and all are occupied. The company is all set to launch new units in the future.
Work Studio Coworking – FAQs
What is Work Studio Coworking?
Work Studio Coworking is the largest co-working space in Bihar.
Who are the Work Studio Coworking founders?
Alok Kumar, Rahul Samrat, Sonu Saurav, Ishan Paul &, Prakhyat Kashyap are the founders of Work Studio Co-working.
What are some coworking spaces in India?
Some coworking spaces in India are Work Studio Coworking, WeWork, Innov8, Red Bricks, Skootr, Investopad, awfis, Smartworks, GoodWorks, Workafella, Hive to name a few.
An attractive website, a well planned digital marketing strategy or an appealing print ad campaign, all these are quite essential for every company big or small. SpiceTree Design Agency in Mumbai provides a one-stop solution for all these needs.
Shiraz Khan, a man with a passion for creating unique and innovative advertisements and marketing messages, founded this venture. SpiceTree Design Agency was set up in 2004. This creative branding agency is now operating in a wide field from website designing to CMS, from digital marketing to print media marketing services like designing print ad campaigns and marketing collateral.
SpiceTree Design Agency – Mission and Vision
SpiceTree Design Agency’s vision is to create marketing opportunities that will inevitably drive worldwide growth of their clients. The company’s mission, on the other hand, is to push brands into unchartered but engaging territories; continuously inspiring effective communications using new-age technology that create and stimulate their clients’ growth opportunities.
SpiceTree Design Agency – Industry Details
As per reports by Magna Global, a division of media agency group IPG Mediabrands, print media ad revenues are expected to reach Rs 22,424.3 crore in 2019.
The digital marketing industry is accelerating at an unprecedented rate, with no intentions of slowing down. The Indian digital marketing industry is expected to grow at 32% CAGR to Rs 18,986 crore by 2020.
The advancements of technologies like AI and machine learning, analytical tools and blockchain technology aren’t merely trends in the industry. These developments are instead raising the threshold for industry performance. In addition, voice searches and other personalized approaches are expected to become a mainstay in digital marketing strategies. All these prospects cumulatively make it a fascinating time to contribute to the industry as the horizons of consumer personalization and engagement are broadening.
Mr. Shiraz Khan, is the founder director of SpiceTree Design Agency.
The other core member is Mr. Mehmood Khan who is the Director and also chief of business development.
The business development team consists of, Rekha Khanna, who is a computer science graduate with over 25 years of industry experience and Sanju Sharma Khan, who is an engineering graduate and have over 12 years experience in IT sector.
The web development team consists of Parveen Shaikh who has eight years of experience in web designing and development and Gaurav Nimkar who is an experienced SEO specialist and web developer.
The Digital Marketing team consists of Amita Bhoir, a Social Media and Digital Marketing expert and Manasvita Subramanian who has over 4 years experience in digital marketing.
The Creative team consists of Shruti Rajpara. Shruti is a 3D Animation Specialist, Jagrut Save is trained in Visual and Amp and expert in art and design and Monali Shinde, who is in charge of the graphics team.
SpiceTree Design Agency Team
SpiceTree Design Agency – The Idea and starting up
Inspiration struck gradually over a period of time rather than a cliché ‘Eureka’ moment.
Shiraz had a very comfortable and secure job as the Vice President of Sales and Marketing at a company before envisaging SpiceTree Design Agency. Though he had financial and work stability, he felt that the more creative part of his mind was being suppressed by the mundane coordination of sales. The monotony was uninspiring. That was the moment when the fire began stirring in his belly, fed with his growing thirst for creativity.
Shiraz had always been a creative person. He liked unveiling the concealed and subliminal meanings behind several brand ads and campaigns. Finally, he came to the realization that his passion for creativity and innovation would perfectly compliment his knowledge of science, detail, and analytics.
He began his entrepreneurial venture on the 6th of June 2004.
Once I began, I was spurred to keep marching forward with no inclinations to look back. The philosophy thankfully continues till this very date.
SpiceTree Design Agency – Name and Logo
A tree symbolizes abundance and offering while spices represent color, vibrancy and flavor. The company is named ‘SpiceTree Design Agency’ because it strives to emulate these traits of trees and spices.
It just bodes well for us that its abbreviation ‘SDA’ has a nice ring to it.
The concept of the company’s logo came from a very simplistic approach: to create an identity that is simple and easy to register in the minds of people. The color red is associated with energy, strength, power, determination as well as passion.
SpiceTree Design Agency Logo
SpiceTree Design Agency – Services
SpiceTree Design Agency curates web, print, and social media design; offer digital marketing solutions including Social Media Marketing, Social Media Optimization, Search Engine Optimization, mailers and re-targeting. It also develops clientele’s brand identity while offering consultation on products and services.
The agency has diverged its offerings based on advancements in technology, new dynamics of consumer behavior, and the perpetually adaptive nature of the industry.
As said by Shiraz, the agency’s difference lies in its core philosophy of obtaining ‘factual creativity’ viz. the perfect blend of creative thought and scientific analytics. The agency lays immense importance on offering practicality through its creative solutions in a unique manner. It aims to enable its clientele to stand out from the crowd.
SpiceTree Design Agency – Revenue Model
The Company works on retainer and project basis, and charges for the services provided to the clients.
SpiceTree Design Agency – Customer Acquisition
Philosophically I acquired our first client due to my conviction.
Shiraz is very confident and passionate about his creative marketing ideas. It is this confidence and passion that helped him acquire his first client. Impressed by his creative ideas, one of his acquaintances referred ‘Timeout Mumbai’ to get in touch with him for creatives of their Mumbai edition. Slowly as people got to see his unique creatives, the agency started attracting more clients.
SpiceTree Design Agency – Funding
The agency is bootstrapped. It started off with a sum of Rs.1,00,000 from Shiraz’s personal savings.
SpiceTree Design Agency – Challenges
As per Shiraz, the countrywide economic decline posed a challenge as sales declined and clients delayed payments. However, the agency has now formulated effective plans to remain unhampered by economic decline.
Again a self-imposed challenge that he has taken up is that of maintaining the team spirit and keeping the team motivated to do their best.
The Agency has an income of Over 2 Crores. More than One lakh and eighty thousand visitors have visited its website till date. Also SpiceTree Design Agency has served over 1200 clients from various verticals such as event management, travel, retail, corporate, manufacturing, finance, architecture, engineering, food and beverage, education and real estate.
The agency has been recognized as the best digital agency in the E-mailer category for 2 consecutive years by AFAQ’s.
SpiceTree Design Agency – Competitors
Very honestly, I haven’t understood what this word “competition” actually means till today. In my childhood, I was given very simple teaching. I was told that you do your best each year and everything will just follow.
Shiraz strives to keep adding an imaginary feather in his cap each year by doing better than every passing year for the brand. He believes in self-improvement rather than imitating or competing with others.
The objective for each business is conspicuous – growth. We believe that the plan for growth lies in growth itself: growth for all above all. This means the inclusive growth of clients, team, and all associates.
In terms of tangible growth, the agency intends to dwell into digital AD film production. It is planning to feed the YouTube, Vimeo, and other related platforms with meaningful content in the form of video ads, short films etc. The agency also intends to build a state-of-the-art in-house studio with all resources to make video ads and short films of the highest quality.
FAQs
What is SpiceTree Design Agency?
Spicetree Design Agency is a fully fledged marketing agency specialized in Website Design & Development, Print Design and Digital Marketing since its inception in 2004.
Ashwini
