Guwahati is a sprawling city situated beside the Brahmaputra River in Assam. The city provides beautiful landscapes, a pleasant climate, modern shopping areas, modern apartments and considerably developed social infrastructure. Four Lane East-West Corridor will pass through Guwahati which connects all the state capitals of Northeast India. Completion of this project will boost the development of the whole region.
Startup Assam’s vision is to create a platform for entrepreneurs to connect to Angels and Venture Capitalists, Mentors and Industry experts. They want to create a problem-solving ecosystem where startups can get easy access to resources, evolve and co-exist. Here is a list of some of the successful startups in Guwahati (Assam).
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Digital Ant is an e-learning platform for digital marketing. Their courses are job oriented but the company claims to have entrepreneurship modules, in case you are not interested in jobs.
Digital Ant provides 3 levels of courses in digital marketing. The first one is “Foundation level“, a 3-month course. Second is “Advanced level“, a course for 6 months. The last is a “Professional level” course for 4 months.
The company was founded by Manish Choudhary who has 15 years of experience in digital marketing.
2. Redlemon Communications
Founder: Rakesh Doley & Pankaj Gogoi
Year Founded: 2011
Industry: Web Development
Redlemon Communications Logo
Redlemon Communications is a web developmentcompany. As of now, the company has 3 web-based projects- Cellfisher, Eshopany and Poridhan.
Cellfisher is a taxi service provider for the people in the city of Guwahati. They attract customers by providing lower prices than other companies in the city. The project is made in a collaboration with Vodafone and plans to expand its service as a marketplace company.
Eshopany is an e-commerce platform for selling ethnic products. On the other hand, Poridhan is an NGO based in Guwahati launched by this startup. Besides these projects, Redlemon provides services like IT training, consulting, etc.
Rakesh Doley and Pankaj Gogoi founded Redlemon Communications in 2011.
3. Olatus Systems
Founder: Parash Borthakur, Nilotpal Rabha
Year Founded: 2014
Industry: Manufacturer
OLatus Logo
OLatus Systems Private Limited manufactures Arduino Boards, Interfacing Boards, Connecting Wire, Sensor Modules, Automatic Dawn To Dusk Sensor Board, Development Board, SMPS Adaptor, Robotics And Diy Kits, Prototyping And Tools, Electronic Modules.
OLatus Systems is backed by a sound infrastructure that is outfitted with all requisite tools and technology and spread over a wide area. Infrastructure has been divided into various specialized units like processing, quality control, R&D and warehousing & packaging unit. These all units work in collaboration with each other to formulate pure quality products.
4. MotoHut
Founder: Glen Grimett
Year Founded: 2015
Industry: eCommerce
Motohut Logo
Motohut sells motorcycle parts, gear and vehicle accessories. The company has a wide range of products for bikers and other vehicle lovers, which they can explore. The startup is doing well in the city as people in Guwahati love travelling. Motohut was launched in 2015 by Glen Grimett.
5. Dawai Lo
Founder: Pankaj Maheshwari and Abhimanyu Modi
Year Founded: 2016
Industry: Online Medicine Delivery
Dawai Lo Logo
Dawai Lo is an online platform that provides door-to-door delivery of medicines. DawaiLo is founded by Pankaj Maheshwari and Abhimanyu Modi in 2016. Dawailo is one rare startup from Assam which has found a foot in the extremely complicated online medicine delivery sector. It provides facilities like proper filing of client details, a telephonic reminder system, strict prescription based orders, proper invoicing, discounts on medicines, etc.
6. nDimensions
Founder: Ajith Kumar
Year Founded: 2017
Industry: Education Management
nDimensions Logo
nDimensions provides courses on entrepreneurship to school students by partnering with the school. nDimensions targets the school students to create an impact and to bring about an entrepreneurial way of life and thinking right from the roots. nDimensions is a B2B model which directly partners with schools to provide service and as a value addition, it provides their students with an online platform to discuss and validate their ideas.
7. PriceBoard
Founder: Samiran Raj Boro
Year Founded: 2014
Industry: Marketplace
Priceboard Logo
Samiran Raj Boro, the founder and CEO of Priceboard, completed his graduation from Guwahati University. The idea behind his startup, Priceboard, was similar to Snapdeal. It compares the prices of different products on different sites and helps the customer to find the best brands for them. Priceboard has made a mark among customers for gadgets’ price comparison. This Guwahati startup was launched in October 2014.
8. PicknDel
Founder: Tullika Batra
Year Founded: 2016
Industry: Food Delivery
PicknDel Logo
PicknDel is a food delivery app. PicknDel provides a complete food ordering and delivery solution from the best neighbourhood restaurants to the urban foodie. Currently, it has more than 10K downloads. The service of PicknDel is very fast, and at the same time very simple and user friendly.
9. BlueWhale
Founder: Kunal Agarwal
Year Founded: 2013
Industry: Transportation
BlueWhale Logo
BlueWhale app aims to make the import and export of goods and services easy and reliable. It carries out international trade and trade within the country. Keeping its geographical location in mind, Guwahati is the best city for international trade as well as import and export. The BlueWhale app also lets you understand the shipping trade terms. Also, it shows the latest news and articles related to the shipping business.
Kunal Agarwal, the CEO and co-founder of BlueWhale, is a graduate of IIT Bombay.
10. Alchemy Media Lab
Founder: Akram Wasim and Jan Mohammad Sheikh
Year Founded: 2015
Industry: Marketing
Alchemy Medialab Logo
Alchemy MediaLab offers digital solutions to its clients like strategic marketing, branding and creativity. The brand was formed in 2016 and it offers branding ideas, communication strategy, creative design, digital marketing, campaign design, and media planning to its clients.
11. Brahmaputra Fables
Founder: Dhruba Jyoti Deka
Year Founded: 2017
Industry: Online Shopping Portal
Brahmaputra Fables Logo
Brahmaputra Fables is an online shopping portal entirely run and managed by a small team of people devoted to taking authentic traditional products from Assam to the world digitally. Founder, Dhruba Jyoti Deka started Brahmaputra Fables from his own village of Sarthebari in Barpeta district in Assam, which is renowned for its brass and bell metal handicrafts.
12. Web.com
Founder: Atreyee Borooah Thekedath
Year Founded: 1999
Industry: Information Technology & Services
Web.Com Logo
Web.Com is a software company in Guwahati with 20+ years of experience in the software domain. Web.com is a trusted and reliable technology partner to hundreds of organizations. The company’s clients are from backgrounds as diverse as large Public Sector undertakings like ONGC to central and state governments, central universities, banks, media houses, and start-ups.
Web.Com is one of the empanelled vendors of the Government of Assam for the standardization of all Assam Government’s departmental and district websites. Web.com offers various services like website designing, SEO and SMO Services, web application development, mobile app development, custom software development, e-Commerce website development, and digital marketing.
This is our list of successful startups and entrepreneurs in Guwahati. Hope you this list helps you have an idea of how to start a business on your own in Guwahati (Assam).
FAQs
What are some of the successful startups in Guwahati?
Digital Ant, PicknDel, Redlemon Communications, MotoHut, Dawai Lo, PriceBoard, and Brahmaputra Fables are some of the successful startups in Guwahati.
Which business is best in Assam?
FMCG and Grocery Store, Local Handloom, Tourism Business, Bakery Business, Fish Farming, and Health Care and Pharmaceuticals.
There is a huge increase in population in India. The increase in population has led to an increase in the traffic in the metro cities in the country. The top cities in the country were ranked in the top positions for the highest traffic worldwide.
To bring a solution to this huge traffic and the delay caused because of that various startups have been working towards building Air Taxis. Let’s look at some of the Air Taxi startups in India.
India’s first Air Taxi service was first launched at the Chandigarh airport. It was inaugurated on 14 January 2021 by the Chief Minister of Haryana Manohar Lal Khattar. The Air Taxi service is launched under the UDAN scheme of the Central Government.
Airports Authority of India had tweeted on their official Twitter handle saying that India’s first Air Taxi flight was flagged off by the Chief Minister of Haryana as part of their Inauguration. They added that the flight will operate under the Regional Connectivity Scheme RCS-UDAN.
The Chief Minister of Haryana said that this is the first time in the country that a small aircraft is used for services in the form of an Air Taxi.
The Air Taxi can carry one pilot and three passengers. The Air Taxi has the lightest plane which has a twin-engine in the world. Its weight is 760 kg. The aircraft uses a standard 92 octane petroleum which is different from the normal flights which use Aviation Turbine Fuel (ATF).
The aircraft can travel at a range of 742 Nautical Miles. The services can be availed at INR 1,755 per seat. The main objective of the aircraft is in line with the government’s aim to connect the Tier 1 and Tier 2 cities with the metro cities of the Country.
A subsidy is provided by the government to the airlines per seat to provide better connectivity to the smaller towns. As per the reports the airline will cover around 26 routes under Regional Connectivity Scheme (RCS) UDAN.
Ubifly technology is a Chennai-based startup that is working on developing e-planes in the country. Ubifly Technologies Private Limited was founded in the year 2016. The company is commonly known as the e-plane company.
It was founded by Satyanarayanan Chakravarthy and Panjal Mehta. The Startup is concentrated on developing electric planes and unmanned aerial vehicles (UAV). The main aim of the startup is to bring a new definition for intracity travels and their products focus on short-distance intracity travels.
Pranjal Mehta(Left) with Prof.Satyanarayanan
The company is trying to build a hybrid mix of drones and electric airplane technology. The vehicle will take off and land similar to the drone but will move forward in the air like an airplane.
The Startup has already designed three UAV models, Ek Hanz which will be used for delivering goods and services, Scout which is for security and surveillance, Vayu which will be a hybrid autopilot e-plane.
The company will develop a two-seater air taxi which will be called as e200.
IIT Kanpur had signed a Memorandum of Understanding (MOU) with VTOL Aviation India Pvt. Ltd. The deal is worth INR 15 crore. VTOL Aviation India Pvt. Ltd is an Indian private aviation company. The MOU is for building prototypes that will be operational and will be used as flying taxis.
The project is expected to be completed by 2023 where over 100 researchers from IIT Kanpur are working towards developing a fully functional prototype.
According to the deal, the researchers will first conduct a test to identify the feasibility of the project. This is to understand the key technological areas of the project and the rest of the project is expected to be completed by 5 years.
Ajay Ghosh who is the head of the Aerospace Engineering and the Flight Lab at IIT Kanpur has said that there will be more than 100 students working on the project in the coming years.
The researchers will work on developing the aircraft based on VTOL technology that is vertical takeoff and landing. They are working towards building an electric aircraft to promote clean energy and sustainability.
Uber Air Taxi
Uber is working on developing an aircraft based on e-VTOL that is electric vertical take-off and landing. These are considered to be cleaner, cheaper, and safer than helicopters. Uber Elevate is working towards developing aerial ridesharing with Uber Air and is expected to take off in 2023.
Uber Air taxi Prototype
In 2020 it was announced that Joby Aviation will acquire Uber Elevate. Both the parent companies have agreed to integrate their services into each other’s app.
Uber had announced that Dallas and Los Angeles as the two cities to begin their Air Taxi and Melbourne, Australia as its first international city to move forward with its expansion.
Uber has also said that it has shortlisted 5 countries other than the US to expand its Air Taxi services which include Japan, India, Australia, Brazil, and France.
Vinata Aeromobility Model
Vinata Aeromobility
Vinata Aeromobility is developing a Full Autonomous Hybrid Flying car through Advance Aeromobility by using combined technology of quadcopter VTOL hybrid power urban air mobility systems and integrated electric power 4 wheel drive motor with advanced aerospace engineering cutting edge technologies.
According to Yogesh Ramanathan, Founder, and CEO of Vinata Aeromobility, the company is hoping to perform flight trials of their Hybrid-electric Flying car by 2023 and make it available for Commercial flights by 2025.
It can fly at a speed of 100 to 120 kilometers per hour and can carry two passengers at the same time, with a maximum flight time of 60 minutes at a maximum height of 3,000 feet.
Conclusion
Other than these some more companies are working towards the Air Taxi services around the globe which include Vertical Aerospace, Hyundai’s helping hand, a joint venture between the Boeing company and Kitty Hawk Corporation.
FAQ
What does Air Taxi mean?
Air taxis are small commercial airplanes used for short flights between localities.
Which company is going to start a drone air taxi service in India?
Malaysian budget airline AirAsia is planning to launch a flying-taxi business as soon as next year.
Does Dubai have a flying Air taxi?
Dubai has one of the first major projects of Air taxis, The Autonomous Air Taxi (AAT) is an 18-rotor drone taxi. The company claims to be the world’s first ‘self-flying taxi service’.
An e-way bill is a type of bill generated when interstate or intrastate transportation of goods is involved. The e-way bill is accessible through the government’s e-way bill portal easily. This bill works as a legal transportation permit for goods transported between different states or between districts of states.
The essential and primary requirement of this bill arrives when the cost of goods to be transported exceeds ₹50,000. This is applicable for a person registered under GST. Every person applying for an e-way bill receives a unique e-way bill number.
All the e-way bill systems are primarily designed and controlled by National Informatics Centre, Government of India. This helps in secured and more easy tracking of goods transported across the country.
The e-way bill under the goods and services tax has two components. The first part is called Part-A, and the second one Is called Part-B. The first part focuses on extracting out the details of the goods to be transported.
The components under Part-A include the GSTIN number, the same consignment of goods value, Invoice or the challan number, pin code, or area code of the place where the shipment is to get delivered. The actual reason for the transportation of the goods, transport document number and the HSN number according to the turnover of the individual.
The second part Part-B includes the information and data of the vehicle in which the consignment will be transported. All further guidelines are provided in the e-way bill portal related to the GST.
When is an E-way Bill required?
E-way Bill system
E-way bill is necessary where the value of a consignment to be transported exceeds Rs 50,000. Any registered person may generate and carry the bill even if it exceeds the Rs 50,000 limit. That depends upon the registered person.
In case an unregistered person supplies the goods to a registered person, the registered person must take care of all the procedures and guidelines. The transporters also need to carry this bill if no other person involved in the transportation process has generated the invoice.
If the transportation process is carried out by the supplier or the receiver themselves, the e-way bill must be generated by them. In the case of transporting through a transporter, the e-way bill must be generated by the transporter.
When should an E-way Bill be generated?
E-way Bill system
An E-way bill is generated when the consignment value exceeds the limit of Rs 50,000. This might take place due to several modes of transportation. The methods are an inward movement of goods from an unregistered person, about a supply or reasons other than supply.
But in few cases, the consignment limit, even if it does not exceed the Rs 50,000 mark, needs a bill. This includes interstate transportation of the consignment of goods by principal to the job worker and interstate transportation of consignment or goods related to handicraft items by a dealer exempted from Goods and services tax.
There are several cases in which an e-way bill is not required for the transportation of goods:
Goods or consignments are transported under the customs department.
Goods are transported from one customs department station to another with a customs seal.
Empty cargo containers are transported through any mode Of transportation.
Transportation including non-motor vehicles.
Consignment is transported through railways under any government supervision.
Traverse cargo to and from Nepal and Bhutan.
Transportation of goods under the Ministry of defence.
Goods are exempted from the e-way bill system and requirements.
Documents required for generation of E-way Bills
The transporter ID or the vehicle number through which transportation is being carried out is one requirement. Invoice or challan or supply bills, transport documents including the transporter ID are other necessary documents. These are required documents to generate an e-way bill.
Step 1. Log in to the e-way bill digital portal on its website or application.
Step 2. Click on the ‘generate new’ under ‘the e-way bill’ button.
Step 3. Fill in the details asked.
Step 4. Transaction type- Select inward If recipient and outward if supplier.
Step 5. Select subtype applicable to your transportation.
Step 6. Enter document type, document number, and document date.
Step 7. Enter to/from details and then move on to the item details and fill it.
Step 8. Finally, move to transporter details.
Step 9. Print the e-way bill anytime.
E-way Bill Validity
For over-dimensional cargo, one day is the validity period, for instance, less than 20km. For the next additional kilometers, one more day is extended. For cargo other than the over-dimensional ones, one day is for less than 100 km and extended one day for another 100 km or the remaining part.
It can also be extended. The generator can extend the validity period of such e-way bills within 8 hours after expiry.
The e-way bill system has helped a lot to improve the transportation system in case of goods. Seamless, paperless, and tensionless digital documentation makes this a modern way to transport and track goods across the country.
In upcoming times, surely the loopholes in this system will get fulfilled. A step towards digital India and an innovative approach towards how goods travel in today’s date. This technology will save a lot of time and will bring more success to the logistics industry.
FAQs
What is e way bill?
E-way bill stands for Electronic Way bill required for movement of goods.
Who should Generate an E-way Bill?
E-way bill must be generated when there is a movement of goods of more than Rs 50,000 in value to or from a registered person.
How is E-way bill generated?
E-way bill is generated from E-way bill portal by filling up the details required.
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While Indonesia’s digital economy is predicted to rise to $124 billion by 2025, according to a 2020 research by Google, Temasek Holdings, and Bain & Company, the country’s 18,000 islands are spread across a region larger than the European Union, making it highly costly.
As rivals bulk up in the fast-expanding market, Indonesian ride-hailing and payments provider Gojek and e-commerce leader Tokopedia are merging to form GoTo, a multi-billion dollar internet corporation. Gojek, based in Jakarta, is an Indonesian on-demand multi-service and electronic payment tech company.
As of May 2021, Indonesian ride-hailing and payments provider Gojek and e-commerce leader Tokopedia are merging to form GoTo, a multi-billion dollar internet corporation.
The merged company will be Southeast Asia’s largest privately-owned technology enterprise, spanning online shopping, courier services, ride-hailing, food delivery, and other services. By the end of 2021, it intends to go public in Indonesia and the USA. The firms claimed in a joint statement that their previous aggregate worth was $18 billion, based on fundraising in 2019 and early 2020.
The combination of Gojek and Tokopedia, both of which are backed by global heavyweight investors, comes amid increased competition in Southeast Asia’s ride-hailing and food-delivery businesses. Food delivery, e-commerce, and e-payments are all on the rise as a result of the pandemic’s forced confinement.
About Gojek and How it Works?
Gojek (also known as Aplikasi Karya Anak Bangsa) is a company that creates on-demand smartphone apps for ride-hailing and a number of other services. The company’s app offers services such as transportation and logistics, food ordering and delivery, digital payment, shopping, news, and entertainment, among others, allowing customers to access travel, logistical support, and a variety of other activities with only a few taps on their smartphones.
Gojek started out as a call center in Indonesia in 2010, connecting customers with courier delivery and two-wheeled ride-hailing businesses. GoRide, GoSend, GoShop, and GoFood were the only 4 services available when the app was first released in 2015.
Gojek, which is now valued at $10 billion, has evolved into a super app that offers over 20 different services. GO-Academy, a software development training program, is also part of the corporation.
Gojek – Name, Logo and Tagline
Because the company’s name is derived from the Indonesian word Ojek, which means “motorbike,” the online service’s first logo portrayed a man riding a motorbike.
Gojek’ s Company logo
Michaelangelo Moran, the co-founder, is also noted for designing the firm’s first distinctive logo and branding the entire company, in addition to working as the business’s Brand Director.
Gojek introduced its new company logo on July 22, 2019. Gojek’s s new brand logo, dubbed “Solv,” symbolizes the company’s evolution from a ride-hailing service to a super app that offers a number of clever methods to minimize difficulties.
The Gojek brand was introduced with the tagline ‘Cerdikiawan.’ Cerdik connotes dexterity and a positive sense of time. It reflects, according to the creators, how the company solves problems for Indonesia despite the challenges it faces.
Gojek – Mission and Vision
Gojek’ s mission statement states, “Gojek is dedicated to creating and scaling up positive socio-economic impact on the ecosystem of users, driver-partners, business and micro-small-medium enterprise partners, as well as service providers.“
Gojek – Founder and History
Founded in 2010 with 20 motorcycle riders, the company now has a fleet of over 1 million drivers and, as of May 2018, offers 18 app-based on-demand services. The Gojek app was released in January 2015, and it has approximately 30 million downloads in less than two years. Gojek has teamed up with DBS, Singapore’s largest bank.
Nadiem Makarim – Co-founder of Gojek
Nadiem Makarim, Kevin Aluwi and Michaelangelo Moran co-founded the company Gojek. Nadiem holds degrees from Brown University and Harvard Business School and is an Indonesian native. He spent three years at McKinsey and Co-consulting before founding Gojek, which began as a small phone center with just 20 ojek drivers who ultimately became recruiters.
Nadiem noticed as a frequent ojek user that ojek drivers spend the majority of their time waiting for passengers, while clients waste time walking around looking for an open ojek. Gojek was created to address this issue by creating a platform that allows drivers and riders to connect quickly and earn more money.
Gojek’ s edge in negotiating the local regulatory framework and understanding the local market stemmed from the fact that it was founded and controlled by Indonesians. As a result, they were able to include features in their app that benefit both local drivers and local consumers. In 2017, Gojek brought on board 100 additional engineering graduates from India.
Gojek – Products
Go-Pay is the fourth largest e-wallet service in Indonesia.
GoRide is Indonesia’s first online motorbike taxi service.
Go-Car is a car ride-hailing service.
Customers can use the Go-Blue Bird app to request Blue Bird cabs.
GoFood is an instant meal delivery service in Indonesia with over 250,000 merchants. Go-Food Festival is a Go-Food-branded offline food-court concept that sells food and beverages from Go-Food vendors.
Go-Mart is an app that allows you to shop for groceries at supermarkets that are listed in the Gojek app.
Go-Shop, like Go-Mart, allows users to buy items from stores that aren’t listed in Go-Mart.
Go-Transmit is an on-demand courier service that allows you to send things and documents inside a single delivery zone with no distance restrictions.
For moving heavy products utilizing pickup trucks, single-axle trucks, and single-axle box trucks, Go-Box is identical to Go-Send.
Go-Tix is a mobile app that sells entertainment tickets.
Go-Med is a mobile app that offers a medication delivery service, has teamed up with HaloDoc to develop the “Apotik Antar” functionality.
Customers can request a personal masseuse with Go-Massage.
Go-Clean is a professional house cleaning service that operates through an app.
Go-Glam is a personal hairdresser app that also offers nail care, waxing, and facial services.
Go-Auto is an app-based auto maintenance service that includes car cleaning and emergency repairs.
Go-Pulsa is a phone credit top-up service that operates through an app. Only
Go-Pay can be used to pay for Go-Pulsa.
Go-Bills is a service that allows you to pay your PLN electricity bills, buy PLN electricity tokens, and pay your BPJS insurance premiums all in one place.
Gojek’s loyalty program is called Go-Points. Each transaction earns the user a token, which they can exchange for prizes in the app.
Go-Play & Go-Studio: The company announced plans to enter the Internet content market through Go-Play, a video streaming service, and Go-Studio, a production firm. In September of this year, GoPlay will formally start its service.
Go-Pertamina is an on-demand fuel delivery service in conjunction with Pertamina, Indonesia’s largest oil company. It delivers fuel from the nearest Pertamina gas station to users.
Go-Nearby is a directory service that connects Go-Food merchants with clients of Go-Jek.
Gojek – Business Model
The Gojek business model works on:
Commissions from Companies – Several businesses join Gojek in order to benefit from its seamless operation and increased sales. Gojek, in turn, takes a modest commission on each successful order placed through the app.
The consumers’ commission – Gojek is a one-stop shop for its customers, offering a convenient answer to a wide range of issues. It avoids the hassle of having to switch between apps to meet various demands. Gojek also charges a little price on each order for this service, which users are happy to pay in exchange for Gojek’ s convenient and trustworthy services.
The Drivers’ Commission – For each order they deliver, individual drivers or delivery partners with Gojek pay a tiny commission to the platform. Given the benefits that the platform provides to drivers, a tiny commission fee seems like a good deal.
Gojek’ s adventure has been incredible. Over the last few years, the startup has experienced significant growth.
Gojek reported that the value of its annualized gross transaction value in 2020 will be USD 12 billion, up 10% from 2019. The year 2020 saw an almost threefold increase in GoPay transactions and the pay-later services.
“What is suddenly booming is our online investment feature, probably because people find it easy to access,” said Gojek’s co-CEO Andre Soelistyo.
The company’s grocery service showed a fivefold spike in annualized GTV, indicating that more people are relying on it for shopping during the pandemic. The number of merchants registered with GoFood surged by 80% to 900,000. This year, Gojek did not reveal which vertical contributed the most to its revenue.
Gojek – Partnerships
It established a partnership with Blue Bird, a large Indonesian taxi firm, in 2016. It also launched Go-Car, which expanded ride-hailing from motorcycles to vehicles, and Go-Auto, which provides on-demand mechanic services, in the same year. It was Indonesia’s first online transportation system by August 2016.
It teamed with Google Maps to handle their GPS. Entertainment, Google Play, and MNC Vision are among the other collaborations. Suzuki Finance Indonesia, AEON Credit Service, and Bill Payment PLN, the national electricity supplier, and BPJS Kesehatan, the national health insurance provider.
Gojek is teaming up with Unilever in September 2020. Gojek has partnered with Unilever through the freshly launched GoToko as part of this relationship. GoToko is a B2B digital platform that connects Indonesian MSMEs with global consumer products corporations.
Gojek – Funding and Investors
Date
Round
Amount
Lead Investors
May 10, 2021
Corporate Round
$300M
Telkomsel
Nov 17, 2020
Corporate Round
$150M
Telkomsel
Jun 3, 2020
Series F
$375M
Facebook, PayPal
Mar 10, 2020
Series F
$1.2B
Mitsubishi Corporation, Mitsubishi Motors, Mitsubishi UFJ Financial Group, Visa
Mar 4, 2019
Series F
$100M
PT. Astra International Tbk
Oct 30, 2018
Series F
$920M
Google, JD.com, Tencent
Feb 12, 2018
Series E
$1.5B
Tencent
Aug 4, 2017
Series E
–
–
Aug 4, 2016
Series D
$550M
Kohlberg Kravis Roberts, Warburg Pincus
Apr 1, 2016
Series C
$170M
–
Gojek – Investments
Date
Organization Name
Round
Amount
May 12, 2021
MPPA
Post-IPO Secondary
IDR144.9B
Mar 9, 2021
LinkAja
Series B
–
Dec 18, 2020
Jago
Post IPO-Equity
$160M
Feb 17, 2020
Blue Bird Group
Corporate Round
$30M
Jan 29, 2020
ZULU
Corporate Round
–
Jul 1, 2019
rebel Foods
Series D
$125M
May 7, 2019
Safeboda
Series B
–
Feb 3, 2019
JD.ID
Venture Round
–
Oct 31, 2018
escapex
Funding Round
–
Aug 10, 2018
PasarPolis
Series A
–
Gojek – Acquisitions
Acquiree Name
About Acquiree
Date
Amount
WePay
WePay is an online payments services provider.
Sep 14, 2020
–
Moka
Moka is an Indonesian fintech startup that focuses on building mobile point-of-sale (mPOS) for small and medium businesses.
Apr 20, 2020
$130M
AirCTO
AirCTO is an AI-powered recruitment platform that helps companies recruit top developers.
Jun 12, 2019
–
Coins.ph
Coins.ph delivers financial services over mobile to people who are currently unserved by traditional banks.
Jan 18, 2019
$72M
Promogo
Promogo is a platform that enables brands to advertise on the body of individually owned vehicles.
Sep 17, 2018
–
PT RUMA
To increase dignity, income, and access for the poor through technology.
Dec 25, 2017
–
Midtrans
Midtrans empowers eCommerce through technology.
Dec 15, 2017
–
Kartuku
Kartuku is a third party processor and payment service provider delivering end-to-end, mission critical payment solutions in Indonesia.
Nov 15, 2017
$50M
LOKET
LOKET is the first event management platform in Indonesia that gives the freedom of selling tickets on one’s own website.
Aug 8, 2017
–
Leftshift Technologies
We build loveable products for iOS and Android
Nov 8, 2016
–
Gojek – Awards and Recognitions
Gojek is the only firm from Southeast Asia to reach Fortune’s list of “56 Companies That Changed the World” for 2017. Gojek was the first Southeast Asian firm to be named twice in Fortune’s Top 50 Firms That Changed The World list, rising to number 11 out of 52 global companies in 2019.
Other international honors include the Top Performer in ASEAN Award in 2017, Ernst & Young’s Entrepreneur of the Year Award, and the Superior Products and Services Award in 2016.
Among the national honors are –
Top 15 Most Valuable Indonesian Brands 2019,
Top 3 Brand Performer and Top 3 Most Powerful Transportation/Logistic Brands,
Top 3 Netizen Choice in Online Transportation,
The BrandZ Top 15 Most Valuable Indonesian Brands 2019,
The BrandZ Top 15 Most Valuable Indonesian Brands 2019,
The BrandZ Top 15 Most Valuable Indonesian Brands 2019,
The BrandZ Top 15 Most Valu Best Indonesia Mobile App 2015,
Best Startup Category Work Life Balance,
Most Admired CEO in Indonesia 2017, and
Most Creative in Solving Economic Challenges 2017.
Gojek – Competitors
The top competitors in Gojek’s competitive set are Lyft, Grab, Uber, ComfortDelGro, Gett, MOIA, Ryder, Easy Taxi Services, and Space Neobank.
Grab has dominated the ride-hailing sector in Singapore since the Grab-Uber merger. Grab will have to enhance its service quality now that Gojek, an Indonesian startup, has joined the Singapore market. One of the biggest issues Gojek is facing is a driver shortage, as many self-employed drivers are now listed with Grab.
Gojek is looking forward to organize driver recruitment efforts and offer larger incentives to potential drivers in order to overcome this. Allowing drivers to withdraw money from their virtual wallets is one of them, as is a points system that can be converted into cash and a minimum hourly wage.
Another issue that Gojek is dealing with is a lack of demand. With so many transportation alternatives in Singapore, Gojek will have to rethink its product to stand out from the crowd. To address this, Gojek will need to expand its service offerings, such as its proposal to offer housecleaning services.
Gojek’s quick expansion and market dominance have sparked widespread media attention, as well as criticism from traditional taxi and ojek providers. The Minister of Transportation briefly stopped Gojek and other ride-hailing firms from operating. The restriction was met with widespread opposition, with the hashtag #SaveGojek becoming Indonesia’s most popular trending subject on Twitter.
The ban was removed the same day when President Joko Widodo denounced it, saying that the government should not limit innovation and that the prohibition will have a negative impact on the lives of many Indonesians who rely on Gojek’s services. Budi Karya Sumadi, Indonesia’s Minister of Transportation, enacted a new regulation for online taxis in October 2017. The former PM 26, which regulated the use of private cars for public transportation, was replaced by PM 108.
Gojek – Future Plans
A new ride-hailing service has launched. Gojek plans to expand its operations outside of Indonesia this year, according to co-CEO Kevin Aluwi.
“Over the last few years, we’ve definitely invested relatively smaller amounts in our markets outside of Indonesia. But, we think this is the year where we really want to spread our wings and be a regional and global business,” Aluwi, founder of Gojek, added.
Gojek began as a ride-hailing service in Indonesia in 2010 and has subsequently expanded into food delivery, digital payments, and logistics. It now has a presence in over 200 cities across five Southeast Asian nations, with Indonesia remaining its most important market.
Aluwi also declined to comment on “merger speculations,” saying Gojek’s priority is to grow its business. Gojek is “extremely optimistic” about 2021, he added.
“We do think that 2021 is going to be a growth year and, more importantly, we spent 2020 really investing in a lot of the business and product and operational fundaments, such that profitability and long-term sustainability looks meaningfully better year-over-year,” he said.
Gojek – FAQs
What does Gojek do?
Gojek is a company that creates on-demand smartphone apps for ride-hailing and a number of other services. The company’s app offers services such as transportation and logistics, food ordering and delivery, digital payment, shopping, news, and entertainment, among others, allowing customers to access travel, logistical support, and a variety of other activities with only a few taps on their smartphones.
Which country is Gojek based in?
Gojek is an Indonesian company.
Who founded Gojek?
Nadiem Makarim, Kevin Aluwi and Michaelangelo Moran co-founded the company Gojek.
How does Gojek make money?
On each successful order placed using the app, Gojek charges a tiny commission fee. Gojek is a one-stop-shop for its customers, offering a convenient answer to a wide range of issues. It saves time by eliminating the need to switch between apps to meet different demands.
Which companies do Gojek compete with?
The top competitors in Gojek’s competitive set are Lyft, Grab, Uber, ComfortDelGro, Gett, MOIA, Ryder, Easy Taxi Services, and Space Neobank.
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 Siemens.
Siemens Limited is a holding company engaged in the manufacturing of electric motors, generators, transformers and electricity distribution, and control apparatus; general purpose machinery, and electrical signalling, safety or traffic-control equipment.
Its segments include Power and Gas, providing solutions for generation of electricity; Energy Management, supplying services for transmission and distribution of electrical energy; Building Technologies, providing buildings and infrastructures; Mobility, supplying solutions for passenger and freight transportation; Digital Factory, including software solutions and automation technologies; Process Industries and Drives, providing solutions and services across life cycles for industry sectors; Healthcare, providing technology for healthcare industry; Metals Technologies, providing metallurgical plant building technology catering services, and design and engineering, and Others, including services provided to group companies and lease rentals.
Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad.
Siemens multinational company is a global technology powerhouse that brings together the digital and physical worlds to benefit customers and society. The company focuses on intelligent infrastructure for buildings and decentralized energy systems, on automation and digitalization in the process and manufacturing industries, and on smart mobility solutions for rail and road transport.
The principal divisions of the company are Industry, Energy, Healthcare (Siemens Healthineers), and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company’s total sales, is its second-most profitable unit, after the industrial automation division. The company is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 385,000 people worldwide and reported global revenue of around €87 billion in 2019 according to its earnings release.
Siemens – Founder and History
Siemens & Halske was founded by Werner von Siemens and Johann Georg Halske on 1 October 1847.
Founders of Siemens
Based on the telegraph, their invention used a needle to point to the sequence of letters, instead of using Morse code. The company, then called Telegraphen-Bauanstalt von Siemens & Halske, opened its first workshop on 12 October.
In 1848, the company built the first long-distance telegraph line in Europe; 500 km from Berlin to Frankfurt am Main. In 1850, the founder’s younger brother, Carl Wilhelm Siemens, later Sir William Siemens, started to represent the company in London. The London agency became a branch office in 1858. In the 1850s, the company was involved in building long-distance telegraph networks in Russia. In 1855, a company branch headed by another brother, Carl Heinrich von Siemens, opened in St Petersburg, Russia. In 1867, Siemens completed the monumental Indo-European telegraph line stretching over 11,000 km from London to Calcutta.
In 1867, Werner von Siemens described a dynamo without permanent magnets. A similar system was also independently invented by Charles Wheatstone, but Siemens became the first company to build such devices. In 1881, a Siemens AC Alternator driven by a watermill was used to power the world’s first electric street lighting in the town of Godalming, United Kingdom. The company continued to grow and diversified into electric trains and light bulbs. In 1887, it opened its first office in Japan. In 1890, the founder retired and left the running of the company to his brother Carl and sons Arnold and Wilhelm.
Introduced in 1936, the new logo is executed in a modern yet simple sans-serif typeface, which is very similar to such fonts as Dialogue Pro Extra Bold and Lucida Grande Black.
Logo of Siemens
As for the colour palette of the Siemens visual identity, there are three options of using its logotype: tender and light turquoise, which is the main colour of the brand, evoking a sense of safety, reliability, and calmness; light grey, which stands for confidence and seriousness, and black, which is the colour of power and elegance.
Siemens – Mission
Siemens’ mission statement: Responsible: Committed to ethical and responsible actions with respect to legal and ethical standards. Excellent: Achieving high performance and excellent results from ambitious targets derived from vision and verified by benchmarks. Innovative: Being innovative to create sustainable value.
Siemens – Business Model
The Siemens Business model is divided into the following five main sectors and 19 divisions. Briefly, these are:
Industry – This sector includes Industry Automation, Drive Technologies and Customer Services divisions.
Products and services – Products in this category include building automation equipment and systems, building operations equipment and systems, building fire safety equipment and systems, building security equipment and systems, motors and drives for conveyor belts, pumps and compressors, heavy-duty motors and drivers for rolling steel mills, compressors for oil and gas pipelines, mechanical components, automation equipment and systems for production machinery and tools and industrial plants for water and raw material processing.
Energy – This sector includes Fossil Power Generation, Wind Power, Solar and Hydro, Oil and Gas, Energy Service and Power Transmission divisions. The company earned 26.6 billion Euros in Revenue in 2013. At present, it employs about 83,500 employees.
Healthcare – This sector includes Imaging and Therapy Systems, Clinical Product, Diagnostics and Customer Solutions divisions. The business unit is based in Erlangen, Germany with regional presence in different areas around the world. The company formally became Siemens Medical Solutions in 2001 and Siemens Healthcare in 2008. The company employs 49,000 employees with a larger concentration based in Germany.
Infrastructure and Cities – This sector comprises the Rail Systems, Mobility and Logistics, Low and Medium Voltage, Smart Grid, Building Technologies and OSRAM. This sector works towards solutions for urban mobility, environmental protection and energy conservation. The company employs close to 87,000 employees.
Siemens – Growth and Revenue
Siemens AG revenue for the twelve months ending June 30, 2020 was $80.401B, a 17.09% decline year-over-year.
Year
Annual Revenue
Percentage change
2019
$98B
-0.87%
2018
$98.856B
+7.73%
2017
$91.761B
+3.87%
Siemens – Funding And Investors
Siemens funding has raised a total of $5.2 Billion in funding over 2 rounds. Their latest funding was raised on Mar 15, 2018 from a Post-IPO Equity round.
Announced Date
Round
Amount
Mar 15, 2018
Post-IPO Equity – Siemens
€4.2B
Jul 19, 2010
Grant – Siemens
$8.9M
Siemens – Investments
Siemens has made 24 investments. Their most recent investment was on Apr 28, 2020, when Amply Power raised $13.2 Million.
Date
Organization Name
Round
Amount
Apr 28, 2020
Amply Power
Series A
$13.2M
Nov 28, 2018
ChargePoint
Series H
$240M
Jun 11, 2018
Claroty
Series B
$60M
Jun 1, 2018
ScreenPoint Medical
Venture Round
€4.3M
May 15, 2018
Northvolt
Venture Round
€10M
Nov 14, 2017
ubitricity
Corporate Round
–
Oct 1, 2017
Exchangium
Seed Round
$900K
Aug 16, 2017
Swinburne University of Technology
Grant
$135M
Jun 28, 2017
ChargePoint
Series G
$43M
May 2, 2017
Bonsai
Series A
$7.6M
Siemens – Acquisitions
The Siemens acquisitions list is long as they have acquired 69 organizations till date. Their most recent acquisition was Abacus Medicine on Jul 15, 2020.
Acquiree Name
Date
Amount
About Aquired Company
Abacus Medicine
Jul 15, 2020
–
Abacus Medicine is a large and growing business, a company where diversity is treasured
UltraSoC Technologies
Jun 24, 2020
–
UltraSoC Technologies provides SoC infrastructure to enable rapid development of embedded systems
Controls and Switchgear Ltd.
Jan 24, 2020
$297M
Controls and Switchgear Ltd. is a producer of electrical power distribution and switching systems
MultiMechanics
Nov 15, 2019
–
MultiMechanics is a CAE software company
Process Systems Enterprise
Sep 16, 2019
–
Process Systems Enterprise provides engineering and innovation services to the process industries
ESTEQ
Jun 11, 2019
–
ESTEQ is a distributor of product lifecycle management, product design and simulation, and manufacturing operations software and services
Mendix
Aug 1, 2018
$700M
Mendix is the fastest and easiest high-productivity platform to create and continuously improve multi-channel applications at scale
Comfy
Jun 26, 2018
–
Comfy connects people, places, and systems through one intuitive workplace app
Austemper Design Systems
Jun 22, 2018
–
Austemper Design Systems is an electronic design automation tools company that provides a comprehensive tool-suite
J2 Innovations
May 17, 2018
–
J2 Innovations is the creator of FIN Framework, an advanced, open, customizable software platform for building automation & IoT applications
Siemens’s top competitors include Schneider Electric, ABB, General Electric, Toshiba, Bosch, BHEL, Mitsubishi Electric and Philips.
Siemens – Challenges Faced
A big issue was initially Siemens had Group Presidents that were also members of the overall firm’s managing board, which can present a conflict of interest. It is not customary for firms to have members of the board that are also sitting in positions of power within the company. It can make it difficult to be able to provide an un-bias opinion on controversial issues or decisions to be made at a corporate level.
There seemed to be a lack of structure within the corporate departments within the company. There were far too many groups and sub-groups in the corporate centre. There were five corporate centres, as well as five sub-corporate centres. This is seemingly an excessive number of departments within departments that can cause immense communication disconnects.
Siemens profit was stagnant for a period, despite a significant increase in sales. This was a major concern of shareholders. There is usually a problem if a business plan consists of improvements in sales, but not much improvement in profit over a prolonged period of time.
The top+program, while effective, was still missing something to help with the corporate environment of Siemens. Siemens still had somewhat of an unstable environment as a whole on the corporate level. Although the top+ program was implemented, there still were gaps in which Siemens could improve.
A more inclusive program needed to be developed, to still include the initial base of top but also detailing additional necessary strategies. This was part of Siemens’ projected plans throughout the 10-year period. However, many of the developed programs did not succeed as the initial program did. Therefore, they were constantly changing and not providing a stable plan for the company.
When you think of a German multinational engineering and electronics conglomerate company, you immediately think of Siemens. The company decided to enhance its capability to respond rapidly to the increasing number, scale and complexity of Internet threats. This was also an opportunity to simplify its network and security operations to enable faster and more effective response management.
They have set 7 goals for the implementation of Vision 2020+.
Grow company value
Sharpen business focus Electrification, Automation and Digitalization
Be a partner of choice for our customers
Get closer to our markets
Live lean governance and drive continuous optimization
Be an employer of choice
Ignite pride and passion for Siemens through Ownership Culture
Frequently Asked Questions – FAQs
Is Siemens a British company?
No, Siemens is a German company, headquartered in Munich.
What does Siemens company do?
Siemens is a conglomerate company which deals with anything from power generation, transmission and distribution to smart grid solutions and the efficient application of electrical energy to areas of medical imaging and laboratory diagnostics.
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 21CC Education
The World Economic Forum states that half of India’s 350 million workforce requires to be reskilled! Here comes the role of 21CC Education, founded by industry veterans Sanjay Tiwari, Marloeke Werst, Ludo Tieman and Sumer Shankardass in 2019.
21CC Education offers industry-relevant skills in the logistics and transportation space to enhance the employability of India’s workforce as well as the productivity of India’s booming logistics sector. The 21CC app allows individuals to skill, upskill and re-skill. 21CC Education has already worked with market leaders in the logistics space like DB Schenker, DHL Global Forwarding, DP World, Sarjak Container Lines and the Port of Amsterdam to serve their training and recruitment needs.
StartupTalky interviewed Mr. Sanjay Tiwari, co-founder of 21CC Education to know the Success Story of 21CC Education. Along with it know about 21CC Education Business model, funding, founders, how it started & more.
21CC Education aims to offer industry-relevant skills in the logistics and transportation space to enhance the employability of India’s workforce as well as the productivity of India’s booming logistics sector.
21CC Education, well-researched and intelligently designed app based skilling platform that delivers complex content in consumable, efficient modules with high retention outcomes. The app allows individuals to skill, upskill and re-skill. It is a powerful ally of the L&D and recruitment teams by bringing pre-skilled workforce in contact with hiring companies through its unique skills-match feature.
In short, our vision and mission would be to ‘skill the world’ says Sanjay, co-founder, 21CC Education
The smartphone disseminated technology is a scalable solution helping organizations with on-boarding , training and mass hiring to efficiently bridge the skill gaps.
Sanjay as he states enjoys the stress of entrepreneurship, both within and outside of a large organization. There are many learnings as the work progresses and takes a lot of creative effort to get all the noses in the same direction, while trying to figure out the core value proposition. His major interest in logistics and supply chain education led to the setting up of 21CC Education with friends in the U.S., Netherlands and India.
According to a McKinsey report – Because of AI and technology, 375 million globally need to be re-skilled, and this was pre-pandemic!
The World Economic Forum states that half of India’s 350 million workforce requires to be reskilled. India has 21 million employees in logistics and the industry is growing by more than 10% per annum. The Government is spending billions of dollars on new infrastructure, private equity and VC players are investing billions in new companies.
In the warehousing industry alone 48,000 new positions will get added between 2020 and 2022. A new McKinsey Global Survey on future workforce needs, nearly 9 in 10 executives and managers say their organizations either face skill gaps already or expect gaps to develop within the next five years. All of these people need to be skilled remotely, on the fly and preferably before their first day of work.
21CC Education – Founders and Team
21CC Education was founded in 2019 by Sanjay Tiwari, Marloeke Werst, Ludo Tieman and Sumer Shankardass. The company is headquartered in Mumbai and has an office in The Hague, The Netherlands.
Sanjay Tiwari- Co-Founder, 21CC Education
Sanjay Tiwari
Sanjay has close to thirty years’ experience in trading, transportation and logistics having worked for a Dutch steel trading and warehousing company in Singapore and Malaysia, for KLM Cargo in The Netherlands and the U.S. and for Maersk in India.
Marloeke Werst
Marloeke has a product management background at L’Oréal and Air France KLM Cargo, followed by a consulting and training career. Marloeke was hired to work at KLM Cargo by Sanjay when they were building up a new air cargo security product in 2002. Her subsequent background in consulting, training and change management was a great help when they re-connected in 2013. Marloeke has deep connects with the Dutch government and industry bodies.
Sumer Shankardass
Sumer was part of the team that took WNS to the NYSE and has extensive BPO experience, as well as experience as a strategic advisor to startups. Sumer and Sanjay know each other from their days in Chicago in 2007 and coincidentally both moved back to India in 2010 with their families. As the co-promoter of 21CC Education, he helps the company to secure the large corporate contracts, leveraging his network and advising on fund raising.
Ludo Tieman
Ludo comes from a family of entrepreneurs in The Netherlands. He ran his own company in The Netherlands in the DIY space and then worked with two startups in Thailand. He heads technology development for 21CC. Ludo and Sanjay both went to the University of Groningen in The Netherlands many many many years ago and have backpacked through India together in the late 1980s. Ludo leads on the technology development and also helped conceptualize the UI / UX of the 21CC App.
The core team of 16 people is split over India and The Netherlands in addition to contracted writers, programmers, illustrators etc.
The inspiration came from the fact that Sanjay has extensively worked in the transportation and logistics industry across Northern Europe, South East Asia, South America, United States and India for more than 30 years now. Having experience on the front lines coupled with practical understanding of the pitfalls in the sector and a steady willingness to overcome the barriers led to creating 21CC Education
Logistics works with an approximate 15% margin of error that seems to have been become acceptable; but this would not be the norm in any other sector. Therefore, the idea behind 21CC education was a win-win for both business and people- reduce error, and most importantly skilling the workforce.
21CC Education was founded in January 2019 in response to the changing face of logistics and transportation. The accelerated growth track of the sector was facing disruptions owing to lack of skills. Issues like unorganized logistics and packaging operations as well as a lack of administrative capabilities continue to hold the sector back. As logistics gains increasing significance, entering an era of unprecedented change, they recognized the urgent need for scalable and sustainable skill development solutions that could significantly help re-engineer the Indian logistics sector.
21CC Education was founded to respond to this urgent call for individuals and organizations alike by simplifying learning through gamification and reskilling through its unique mobile and web application. This first of its kind application aims to significantly bridge the recruitment-skilling gap by creating enhanced learning and skilling experience for operationally intensive industries.
The company creates a steady and large funnel of aptly skilled resources for organisations and maps opportunities for reskilling and upskilling for individuals and blue-collared job seeker to increasing their earning potential and enable them to build lucrative careers.
21CC Education’s holistic mobile platform is backed by an experienced team across Netherlands and Mumbai. Its library offers industry-relevant, engaging and adaptive learning content with more than 110 e-learning modules, over 50 courses and 8 interactive games, all focused on logistics and transportation sectors.
The 21CC App is built on a technology stack of developed on a technology stack consisting of HTML CSS, Angular, Groovy Grails, JavaScript and jQuery, and supported by a strong LMS.
21CC education makes the complex clear by delivering learning and skill-building modules in both online and mobile formats, based on a vast and continuously growing library of industry-validated content in an accessible and fun manner using illustrations, practical examples, humor and gamification.
21CC Education already works with market leaders such as DBSchenker and DHL to serve their training and recruitment needs and as such is geared to help large enterprises connect with the vast resource requirements while ensuring the talent pool is rightly skilled and aware of the space thereby, eliminating the time required in the training of the employees.
Its training content is also finding favor with organizations wanting to create social impact through their CSR initiatives. Aligning CSR projects with skill building drives, 21CC Education is partnering with several leading organizations to help build capability and employability through the immersive and vernacular content.
Additionally, through a recent partnership with the NSDC’s eskillindia.org portal—which is an online learning hub, with more than 800 courses in over 20 sectors— 21CC Education will be offering its App based content to help bridge India’s skill deficit in the logistics and transport sector. The new association with the NSDC, will help build a skilled talent pool in India, ensuring a robust workforce that has the opportunity to be gainfully employed and be contributively aligned with the nation’s growth agenda.
The name came up many years ago quite charmingly on the streets of Chicago while Sanjay was walking his dog, Rustom. It was then that someone spoke to him about ‘21st Century Cargo’. Since then, ‘21CC’ stuck with Sanjay and he thanks Rustom or the kind stranger for the tag line!
21CC Education Logo
“As for the logo, although it was an evening’s worth of work for Dutch designer,Marlies Bloemendaal based in Mumbai, she did a great job in terms of design, colors and messaging” added Sanjay
21CC Education – Business Model and Revenue Model
21CC Education’s business model is both B2B and B2C. 21CC Education’s library offers industry-relevant, engaging and adaptive learning content with more than 110 e-learning modules, over 50 courses and 8 interactive games, all focused on logistics and transportation sectors.
As stated by Sanjay Tiwari, 21CC Education’s revenue model is –
Employers pay for candidates that have come to them via the 21CC App
Employers pay a fixed monthly amount for ongoing employee training
Employees will pay in future for their ongoing education and job placement
21CC Education has been B2B from day one so getting those large corporate customers on board took its own effort. The first 100 B2C customers have come about via its listing on NSDC’s eskillindia.org platform as well as its partnership with portall.in
“The partnerships with the likes of NSDC and Portall.in in India and Dubai Trade in the UAE are very important from an outreach point of view” says Sanjay
21CC Education – Challenges faced
Creating awareness of its offering was one of the major challenge faced by the team at 21CC Education.
“It’s a challenge to create large-scale awareness of opportunities in logistics and make people aware of it. It feels a bit like promoting the BPO industry or IT industry in the 1980s and 1990s, as people aren’t yet fully aware of logistics. So getting college students to download our content is still a struggle, once they do they apparently love it” expressed Sanjay Tiwari, co-founder, 21CC Education
21CC Education – Funding and Investors
21CC Education has raised 1.1 Million Euros in a seed round led by a Dutch Angel Investor in March 2020.
Aapna is considered to be the top competitor of 21CC Education in this industry.
21CC Education – Future Plans
21CC Education aims to be the world’s premier skilling app for entry level employees in logistics
21CC Education – FAQs
Who are the founders of 21CC Education?
21CC Education was founded in 2019 by Sanjay Tiwari, Marloeke Werst, Ludo Tieman and Sumer Shankardass.
What is 21CC Education?
21CC Education offers industry-relevant skills in the logistics and transportation space to enhance the employability of India’s workforce as well as the productivity of India’s booming logistics sector.
How much funding has 21CC Education raised?
21CC Education has raised 1.1 Million Euros in a seed round led by a Dutch Angel Investor in March 2020.
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 Shuttl.
Public transportation provides a good deal of mobility, safety, and economic benefit to people and businesses. Beyond those key benefits, it also offers the most significant environmental advantages that contribute to a better quality of life. Public transportation reduces the number of cars in the street, and thus helps improve air quality, alleviate traffic congestion, and noise.
Shuttl is an app-based office bus service that provides buses for intra-city commute by allowing users to search and book AC bus-rides for travel.
Shuttl being India’s largest bus aggregator platform, provides office goers an easy and stress-free mode of travel to their workplace and back. Shuttl offers its services via their mobile application, which is available on both Google Play store and App Store. The company was founded in 2015 and is headquartered in Gurgaon.
The company started operating first in Delhi-NCR. By now, Shuttl has extended its services to other cities of India such as Mumbai, Pune, Hyderabad, Kolkata and Chennai.
Shuttle provides reserved seats in AC buses, real-time bus tracking, affordable single day and monthly plans, guaranteed safety via advanced technology integrations, and robust identity checks of drivers and co-passengers.
“India isn’t as evolved a market where a passenger would feel safe in a stranger’s personal vehicle. That same person would be perfectly fine sitting next to a stranger in a public vehicle, like a bus. Commuting is the worst part of the day, and we wanted to come out with a solution to take the pain away from people of daily commuting and buses are the most efficient and cost-effective. Shuttl was the credible alternative to these people,” said the CEO.
You can explore bus routes between two locations and the app assists you in finding the best possible route to reach there. Once the booking process is done you need to browse your bus route on the Map. The application helps you navigate to your pickup point. The tech sourced app facilitates user to keep track of your Shuttl on the app to plan the journey. A user receives the vehicle’s details within 30 minutes before the scheduled boarding time. User can cancel or reschedule the booking before Shuttl reaches your pick-up point.
Therefore, Commuting with Shuttl reduces congestion, pollution, stress on city infrastructures (toll plaza, parking spaces), and gives back precious travel time that was lost earlier in driving/standing.
Shuttl – Logo and its Meaning
Shuttl’s company logo consisting of a bus in light blue colour, depicts how the company leverages on technology and focuses on comfort, and time-saving process of travelling through buses. All one has to do is install Shuttl app for easy commute.
Shuttl’s company logo
Shuttle – Recent News
Shuttl begins testing international market with Thailand
Amidst dealing pandemic, Shuttl expands its ESOP pool
Bus aggregator startup Shuttl raises INR 57 Crore from SIG Global India Fund
Shuttl raises $8m from SIG Global and more updates
Amazon backed Shuttl raises $36 Million from Toyota, others for expansion
Shuttl – Founder and History
The company was founded by Amit Singh and Deepanshu Malviya in 2015.
Founders of Shuttl
With buses, it was possible to offer a service at around one-eighth the price of a cab.
The Shuttl startup began intra-city bus fleet operations in 2015 within Delhi-NCR. The story of Shuttl dates back to 2014 when IIT-graduates Amit Singh and Deepanshu Malviya used to work for e-commerce company Jabong. They wanted to start their own venture, which led them to quit their jobs at Jabong. They started with a mobile content platform and later tried their hands at inter-city cab services. However, both these projects failed to take off. Nonetheless, neither Amit nor Deepanshu lost hope and kept looking for new opportunities.
When the founders noticed the huge challenges faced by commuters every day in Delhi-NCR and how people were usually forced to travel in crowded buses. The entire experience was quite stressful, they started with a pilot project wherein they hired two Toyota Innova cars and launched a basic app for the Shuttl service. With reserved seats, reliability and comfortable rides, the word soon spread and Shuttl started getting more requests from office goers. As of now, Shuttl operates hundreds of buses across various cities it serves.
With a mission of solving the pain of commute, Shuttl offers a space-efficient, safe, and cost-effective solution for urban India. Shuttl has demonstrated the ability to simultaneously address the dual challenge of congestion and pollution.
Shuttl – Business Model
Since the startup’s inception, the bus sharing commute offered more than 8 lakh rides and clocking about unimaginable rides a day. Apart from Delhi the company operates in the cities like Hyderabad, Kolkata, Gurgaon, Faridabad, Noida, and Pune and expanding to other cities as well.
The Shuttl business model is simple. They are an online aggregator and works with multiple service providers to sell their services under the Shuttl branding. The service providers in this case are Bus Operators with a valid licence to ply their buses on particular routes. Shuttl does not own any of the vehicles that are operated under its branding. It merely enters into service contracts (often at a fixed price) with bus service providers for the use of their vehicles under the Shuttl branding.
The responsibility to provide the actual transportation service lies with the bus service operators. It is also the operator’s responsibility to hire drivers and other crew necessary to ply the vehicles.
The fare that individual users pay to avail the shuttle bus services is collected and retained by Shuttl.
Shuttl – Revenue and Growth
App-based bus aggregator Shuttl surpassed INR 100 Crore in revenue in the financial year ended March 2019, clocking a 123% year-on-year growth compared with INR 44.8 Crore revenue reported in FY18, according to the company’s unaudited financial results released. Shuttl claims to have a rider ship of over 1 lakh rides per day across the six cities. Shuttl which raised over $50 million since its inception in 2015, currently has a network of over 350 shuttle routes operating 1,800 buses across different locations in India. Shuttl also claims to have completed over 33 million rides till date. Around 38% of Shuttl users are women.
“We attribute our sustained growth to our riders and uniquely designed services that we are offering them. Our endeavor is to deliver a safe, reliable and environmentally sustainable mobility for urban India, and by attaining one lakh daily ridership, we are confident that our constant efforts to enhance asset utilization, lowering transportation costs and improving rider convenience will help us transform the mobility landscape of cities in future,” Amit Singh, Co-chief executive of Shuttl said.
The Shuttl funding has raised a total of $122.3 Million in funding over 13 rounds. Their latest funding was raised on Feb 18, 2020 from a Corporate Round round. Shuttl is funded by 22 investors. Sojitz and SIG Global India Fund are the most recent investors.
Date
Round
Amount
Lead Investors
Feb 18, 2020
Corporate Round
$3M
Sojitz
Feb 14, 2020
Series C
₹570M
SIG Global India Fund
Dec 17, 2019
Series C
$2.5M
Moving Capital
Nov 25, 2019
Series C
$18M
SPARX Group, Toyota Tsusho
Oct 29, 2019
Series C
$42M
SMBC Trust Bank, Toyota Tsusho
Apr 17, 2019
Venture Round
₹350M
NAV.VC
Mar 28, 2019
Series B
₹499.9M
Lightspeed India Partners, SCI investments, Sequoia Capital India, Times Internet
Jan 17, 2019
Debt Financing
₹100M
Trifecta Capital Advisors
Oct 23, 2018
Debt Fiancing
$1M
Trifecta Capital Advisors
Jul 30, 2018
Series B
$11M
Amazon, Amazon Alexa Fund, Dentsu Ventures
Shuttl – Awards and Recognition
In June 2018, Shuttl was felicitated in the sustainable mobility category at the International Ashden Awards held in London.
In November 2017, in the FICCI Road Safety Awards, the firm had won the Special Jury Award in the category of Road Safety Product and Solution.
Shuttl – Competitors
ZipGo, WhistleDrive VProtect India, VAJOR.COM, EazyDiner, The Man Company Cityflo, and Commut are the leading contenders to Shuttl.
Shuttl, an app-based on-demand shuttle service has suffered a loss of $8.21 million in fiscal year 2015-2016.
In a media interview, co-founder Amit Singh said the company plans to scale its fleet to at least 700 by the end of the ongoing financial year. It is also expected to hit a monthly sales run-rate of INR 10 Crore after that.
However, for Shuttl, the path to growth was not going easy as the company was facing various regulatory issues with state governments.
The transport department of Delhi government impounded over 50 Shuttl buses for permit violations. Besides, the department also threatened the two co-founders of Shuttl for ‘illegally’ plying buses in the national capital. In defence of the impounding, a senior official in the State Transport Ministry stated that these private buses are contract carriers and cannot act as stage carriers to pick up individual passengers as it leads to safety concerns, besides congestion and pollution.
India’s largest bus aggregator Shuttl has entered the highly contested food delivery space by launching meals on buses for daily commuters, as it looks to further monetize its captive customer base.
“Our customers are demanding food to be served on buses. The metric we track, ie Items sold per ride, show that about 90% of the people are buying something which validates that there is a consumer demand for it….we are working with cloud kitchens and building an ordering product to scale this offering,” Amit Singh, cofounder of Shuttl, said, adding that the service would target commuters who on average use the Shuttl service 22 times a month.
The company expects to break even at an operating level on the back of an increase in prices, bigger buses, and improved occupancy levels. Selling daily essentials on buses like bread, butter, curd, eggs and milk would be the next step for the startup, Singh said. The Shuttl startup also aims to expand their franchise in other cities of India.
Shuttl – FAQs
When was Shuttl founded?
Shuttl was founded in 2015.
Who is Shuttl’s CEO?
Shuttl’s CEO is Amit Singh.
Who are the Shuttl Founders?
The company was founded by Amit Singh and Deepanshu Malviya in 2015.
Who are Shuttl’s competitors?
Shuttl’s top competitors are ZipGo, Easy Commute, and Cityflo.
Transportation is a necessity, and the economic aspect of the world is heavily dependent on it. The trade sector involves Marine transportation for the moving of over 10 billion tonnes of containers, and solid and liquid bulk cargo across the world’s oceans annually. It wouldn’t be wrong to say that marine transport is carrying international trade and the economy on its shoulders for a long time.
Marine transportation is considered the most important option for Global trade as billion of tons of containers are moving across the seas every year. Marine transportation is preferred for many reasons. One of the most significant ones is the transportation through it is cost-effective. Transportation companies around the world understand that as it is cost-effective and heavy items can be carried anywhere with their help of them, the dependency of trade is heavy on this sector as well. In this article, we will talk about the top marine transportation company in the world. So let’s get started.
Founder – Arnold Peter Moller and Peter Maersk Moller
Founded – 1904
APM-Maersk Logo
APM Terminals operates one of the world’s most wide-ranging ports. Since 1996 Maersk has been the largest container ship and has been supply trader in the world. One can find it in over 130 countries. The corporation situated in Denmark Terminals is continuously focussing on serving the serving shipping lines as well as the landside customers in the growth of their businesses. They continuously work on making their supply chain quick and efficient.
Mediterranean Shipping Company
Founder – Gianluigi Aponte
Founded – 1970
Mediterranean Shipping Company Logo
Mediterranean Shipping Company (MSC), the world’s second-largest shipping line, started its journey in 1970. Mediterranean Shipping Company S.A. is a Swiss-Italian international shipping line. Mediterranean Shipping Company is said to offer its service globally and is considered one of the top leading companies in global container shipping. As of now, the Mediterranean Shipping Company has 664 container ships under its control.
China Ocean Shipping Company
Founder – Government of China
Founded – 1961
China Ocean Shipping Company Logo
China Ocean Shipping Company (COSCO) is a Chinese state-owned company and its headquarters is situated in Shanghai. The company is the result of the merger of COSCO Group and China Shipping Group. COSCO Shipping Logistics’ main aim is to serve and make shipping goods convenient for their customers. The company is serving worldwide with its service and it operates over 362 international and domestic shipping routes and has over 1349 vessels for use.
CMA-CGM
Founder – Jacques Saade
Founded – 1978
CMA-CGM Logo
CMA CGM S.A. is a freight and shipping company. it is also said to be the third-largest shipping company in the world. CMA CGM is present in 160 countries and serving the people of more than 420 ports for a long time. The headquarters of the company is situated in Marseille, France. The Company not only offers container transportation but also deals with different logistics companies, cargo cruises, and other transportation services.
Hapag-Lloyd
Founder – Albert Ballin
Founded – 1970
Hapag-Lloyd Logo
This German shipping and container transportation company is considered as the 5th largest container carrier in the world depending on its vessel capacity. It is currently the world’s fifth-largest container carrier in terms of vessel capacity. Hapag-Lloyed with its technology provides you with a tracking facility where you can trace your containers and their movements. The company is known for shipping dangerous and sensitive goods and has specialised in cargo projects.
Ocean Network Express
Founder – Nippon Yusen, Mitsui O.S.K Lines and K Line
Founded – 2017
Ocean Network Express Logo
Ocean Network Express (ONE) is a container shipping company whose headquarters is situated in Singapore. Ocean Network Express is serving over 100 countries Ocean Network Express is said to be the 7th largest in the world with its fleet size and serving over 120 countries. Ocean Network works hard to improve its tracking service so that its customers can easily track the movements of their shipments and manage them without any problem.
Evergreen Line
Founder – Chanf Yung-fa
Founded – 1968
Evergreen Line Logo
Evergreen Line is a shipping and Container transportation company and its headquarters is situated in Luzhu District, Taiwan. Evergreen has over 150 container ships that are served worldwide in about 80 countries and are considered the fifth-largest marine shipping company. Apart from marine transportation the company’s activities also include management of ports, construction of ships, engineering and real estate development.
Yang Ming Marine Transport
Founder – Lee Hong-Chung
Founded – 1972
Yang Ming Marine Transport Logo
Yang Ming Marine Transport Corporation is a company that deals with shipping containers and whose headquarters are situated in Taiwan. Apart from shipping containers the company also provides the service of passenger transportation, it mainly deals with cargo ships both domestic and international. Trading of ships, manufacturing, and giving them for lease are also included in this business. Yang Ming works with over 93 vessels and has over 101 container ships.
Hyundai Merchant Marine
Founded – 1976
Hyundai Merchant Marine Logo
Hyundai Merchant Marine (HMM), the container transportation and shipping company is said to be the world’s largest container line as per its vessel capacity. The South Korean company has been the number one container carrier for the country and the larger portion of the exports of South Korea is dealt by HMM. it is also one of the top logistics companies in the world and its targeted market is worldwide. Most of the time, HMM transports products like crude oil, iron, coal and other import and export products.
Pacific International Line
Founder – Chang Yun Ghung
Founded – 1967
Pacific International Line Logo
Pacific International Lines (PIL) is a shipping company whose headquarters is situated in Singapore. PIL has over 18000 employees and the company is serving over 100 countries and have 500 ports under its control. The company mainly deals with third-party logistics services and it has a fleet of 156 vessels that are used by its customers to carry different types of goods.
Conclusion
Marine transportation holds great importance globally. It creates a big impact on a country’s economy as well. These top marine transportation companies play a big role in transporting goods to different places. The import and export sector complete depends on marine transportation. The world is a global village, with time marine transportation has become one of the most important sectors and it will only grow in future as well.
FAQs
Why Marine Transportation is important?
Marine Transportation is important because it plays a big role in the global economy, 80% of worldwide trades depend on it.
Who founded Pacific International Lines?
Pacific International Lines was founded by Chang Yun Ghung in 1967.
The transport and logistics industry in India is more lucrative than other businesses for any individual to start up a business with moderate capital investment.
India being one of the fastest growing and developing economies in Asia, the transport and logistics industry in India shows a superior growth rate for Indian market players. The spends on Transport and Logistics services are estimated at 14% of the GDP annually as the share of the total value of goods.
Road transport constitutes over 64% of the total freight movement. This type of consists of 2.2 million heavy trucks and 1 million light-duty trucks covering around 18,00,000 kms of road length carrying 4000 million metric Ton of load annually.
There are multiple opportunities in Indian logistic industry in both smaller or new startups and large-scale businesses. On the other hand, analyzing and starting a transport business can be considered a cash-intensive business. The business particularly demands strategic operational planning, manpower investment, and digital promotion.
Some of the Transport Companies in India
Steps to start Transport Business in India
Some essential steps to be taken by entrepreneurs in transportation industry who wish to start a Business in India, hoping for a better future and outcome. The steps are to :
Research about the Transport Industry
To start with the Transport and Logistics Business in India, entrepreneurs must have full knowledge about how the transport industry works and what are operational requirements. Business owners need to learn about what are some legal rules and regulations to be followed by a transport business. It is also necessary to conduct full research on the transport business before getting into it.
Plan and Register for a Loan
To plan and execute a business idea and start any business in the world, a clear Business Plan has to be recorded. In business world, each and every effort should be counted and should be recorded carefully as it can prove to help raise funds for the transport business.
The business owners also need to think of a catchy brand name for the business and secure a copyright/ trademark. After planning a business in and out, business registration has to be done. Entrepreneurs get the option of registering their businesses as a private limited company or a Partnership. Once the registration is done, the economic factor should be taken care of and should probably have to take a business loan for the investment
Manage Transport Trucks and Lorries for business
After registering, entrepreneurs need to hire the right kind of people for Transport Business Operations and get vehicles that are required for the business by securing Vehicle loans.
Advertise the Business
To set up the new company, entrepreneurs have to advertise and Market their Transport company on regular basis by building a website and maintain an account of business on regular basis.
Profitable Transport Business Ideas
There are multiple lucrative business ideas in the Transport and Logistics Industry in India. The business opportunities are easy to find and can be made successful and help get started with the Business.
Car Rental
Car rental is a traditional business idea. This type of business is a successful one in both urban areas as well as small towns. These Organizations need to understand the local and customer business demand. It is profitable for the company when people who want to travel a certain distance and go out of their respective city and reach a destination, they are the target consumer of the business.
Ambulance service company demands less capital investment from the entrepreneur as compared to other businesses. The business owner must know and identify the market demand and target audience. It is also beneficial because there would be numerous medical emergencies and situations which prove profitable for the business. The Business owners should have a better connection and network with local hospitals, nursing homes, and clinics.
Ambulance Transport services in India
App-Based Taxi Service
The transport taxi businesses which are based on an app in the Indian market is growing with huge numbers. Big Companies or giants like Ola and Uber are operating almost in the whole country helping commuters travel every day and capturing the transport market. These companies also provide an option of using a user’s car with the companies and they will ensure them a monthly profit. Hence, it works both ways for the users.
Car shuttle service
Car shuttle service refers to a not exactly door-to-door pick up or drop but a reliable transport business for employees. It is mostly availed and used by the company employees, needing a transport service for commuting daily to work.
Company’s Employees can book cabs through a third party agency. These days’ different cabs are being introduced for women who work in the night shifts.
Cold chain travel company is a profitable one in the industry as it demands substantial capital investment and a greater amount of care and personal attention. It is because cold chain generally operates in the temperature-controlled supply chain. This business helps to cover the goods and ensure the safe transport of the perishable products.
Livestock Carrier Services
Livestock transport companies in India provides an enormous opportunity by carefully transporting Poultry eggs, birds, goats and chicks as they are the major products that need special infrastructure at the time of transportation. There are also numerous other animals who are transported with the help of these services.
Conclusion
Transport and logistics company takes time and effort anywhere to build. These businesses have to make sure that they have the financial backing and enough human resource to pay attention to details. Entrepreneurs need to concentrate on the service efficiency which will improve the quality of the services provided and ensure the safety of delivery of goods.
Shubham Kumar
