India is the fourth largest country when it comes to innovation and technology. With the startup industry booming in India, listed below are the companies that are definitely worth a look in 2018!
Starting off with the education technology startup Byju’s, this company joined the unicorn club with a valuation of Rs. 6,505 crores, currently. The company was founded in 2011 in Bengaluru. The Byju’s learning app was launched in the year 2015 by Byju Raveendran, the brainchild of the edtech startup. Byju’s offers a variety of learning products for students. The aim of these products is to make education and learning interesting. The learning app is used by 15 million users with 900,000 paid annual subscriptions with an annual renewal rate of 90%. Facebook’s CEO Mark Zuckerberg and Priscilla Chan’s investment firm, The Chan Zuckerberg Initiative (CZI) also invested in Byju’s. It was their first investment in the Indian startup ecosystem. Byju’s would soon be entering the global market including the US, the UK and South Africa.
It is currently India’s best funded edutech startup!
Businesses are investing billions of dollars to make shopping experiences faster and easier. From Amazon to Flipkart, everyone is focusing on scaling up the online grocery category. BigBasket is the very first online grocery store that is also headquartered in Bengaluru, India. The country’s largest supermarket was founded by Vipul Parekh, Abhinay Choudhari, Hari Menon, V.S. Sudhakar and V.S. Ramesh in 2011. The company now commands a valuation of around $ 950 million. BigBasket raised $300 million funded by the Chinese e tailer Alibaba and other investors including The Abraaj Group, International Finance Corporation (IFC) and Sands Capital Ventures.BigBasket’s brand ambassador Shah Rukh Khan has also extended his contract for third year. BigBasket is currently in 30 cities and is looking forward to expand its business across the country.
The Gurugram based hotel aggregator, Oravel which is now OYO Rooms is currently valued at Rs. 8,000 crores. OYO Rooms was founded by Ritesh Agarwal at the age of 19. Since its launch in 2011, the company has grown tremendously. The startup raised nearly $ 450 million so far. It lets you book affordable hotel rooms, airport hotels and even luxury hotels in just few seconds with over 70,000 rooms in 230+ cities in India, Malaysia and Nepal. Today OYO Rooms has reached five million app downloads. OYO attracted global investors including the Softbank Group, Lightspeed Venture Partners, Sequoia Capital and DSG Consumer Partners. China Lodging also, made an investment of $10 million in OYO recently.
In January, the company also launched OYO Bazaar, a marketplace for hotel supplies in Delhi and Gurgaon. The company is only just getting started with its exponential growth!
This elogistics startup has grown enormously every year and investors have been queuing up. Delhivery is an e commerce logistics service company based out of Gurgaon. The company was brought to light by a bunch of engineers including Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua and Suraj Saharan in the year 2011. Delhivery offers services such as last mile delivery, third party transit warehousing and more. The company was formerly known as SSN Logistics Private Limited and changed its name to Delhivery Private Limited in December 2015. As of now Delhivery raised $ 100 million from The Carlyle Group and its existing investor Tiger Global Management. The firm is valued at $ 114.5 M currently. Delhivery has operations in 800 cities and also delivers 3.2 lakhs products a day. Delhivery has done exceeding well till date.
Each of the successful startups mentioned has a unique story and characteristics that differentiates them from the others! Do let us know your thoughts about these and other up and coming you think we should consider.
7 Books That Could Change Your Life
A book always opens up the doors to new possibilities and ideas. You just need to be open to new suggestions. The right books will make you invincible, by providing you with gems you can not find anywhere else. Here we have a list of books which will change your life, only if you let them.
Big Magic by Elizabeth Gilbert
Big Magic by Elizabeth Gilbert is about preaching the message, we are all are inherently creative. Big Magic is a motivational and inspirational read, it makes the reader want to create something spectacular.
The Secret by Rhonda Byrne
“You are the masterpiece of your own life. You are the Michelangelo of your own life.” This is the message this book conveys. If you are ever in a slump pick this up, it is a light and easy read, The Secret will leave you with a new energy and a new perspective on life.
The Power of Habit by Charles Duhigg
Charles Duhigg takes us on a journey with this book, he includes real life examples and success stories. Duhigg employs scientific discoveries to provide us with a logical explanation about why we do, what we do in life and how to change it.
Crushing It! by Gary Vaynerchuk
The author of this book Gary Vaynerchuk writes “Are you going to be part of the revolution? My hope is that Crushing It! will be the inspiration and strategy for you to understand how it’s not only possible, but practical to do the same.” It is a self help book for entrepreneurs to build their businesses.
Startupland:How Three Guys Risked Everything to Turn an Idea into a Global Business By Mikkel Svane
Startup Land is a realistic account of how three guys dove into the startup industry. They documented their struggles and successes in this book. The story effortlessly conveys the message you just need to be you to succeed at your passion.
Four Thousand Days: My Journey from Prison to Business Success By Duane Jackson
An entertaining an inspiring story of a young man, who turned his life over after being arrested for possession of drugs. The author tells his story about building and selling his business and how he became a millionaire.
A New York Times bestseller, Rework, is a business book, that is unlike the rest. Rework does not give you the same old advice, it provides you with realistic, better, faster and easier ways to succeed in your business.
Have you read any of these books? If so let us know how you liked it in the comments below!
How Steve Jobs Convinced Tim Cook To Work For Apple
Timothy Donald Cook, also known as Tim Cook, is the Chief Executive Officer of Apple. Cook is a well known American business executive and an engineer. Tim is behind the company which runs the most profitable business in America. Last year, Apple brought in more than $ 48 billion in net income.
Steve Jobs, the co founder of Apple, introduced Tim Cook to the company. In an interview with Bloomberg, Tim was quoted saying working for Steve Jobs was “liberating.” He added, if he had a “really big” idea, he would just simply bring it to Steve Jobs, if Jobs liked it he would just say “OK” and let Tim work on it.
“It was like a total revelation for me that a company could run like this, because I was used to these layers and bureaucracies and studies the sort of paralysis that companies could get into and Apple was totally different,” said Cook.
Tim Cook celebrates his seventh anniversary as Apple’s CEO after being with Apple for 14 years. He took over the company in 2011 after the passing of Steve Jobs. Jobs died after a long battle with cancer at the age of 56.
Steve Jobs’ desire to move into the consumer space for Apple and his lack of interest in growing financially convinced Cook to join Apple. In his first interview in 1998 for the position, Cook wanted to join Apple within five minutes of meeting Steve Jobs. Cook was so mesmerized with Jobs charm and the way he ran the company, he resigned from his job at Compaq the next day, he did not look back from Apple ever since.
Cook adapted the role as the CEO seamlessly, he calls the job “his oxygen.” He built a reputation as a demanding boss, he holds marathon meetings, questions everything and is constantly emailing employees.
Talking about how Cook’s Apple is going to be different he said, “I love museums, but I don’t want to live in one. Steve taught us to not focus on the past. Be future focused.”
How To Structure Your Priorities
At work, everything is at a high priority, how do you then structure your list of priorities with everything you need to accomplish. Knowing how to structure your priorities, is a key skill to have. To hit deadlines, you need to follow these steps and make your life easier, for you and your colleagues.
Write a to do list
Even though, you know everything you need to get done, it is best if you jot down everything with the deadline date. Do not worry about the order, just brain dump, small tasks as well as big tasks on to the list. From walking the dogs to finishing up a work related document that is due in two hours.
Identify what is urgent
After writing everything down, look at the things needed to be done the quickest, the work, if not done as soon as possible can have negative consequences. That work related document which is now due in an hour and fifty minutes.
Look at the leftover tasks, and identify tasks adding the most value to the company upon completion. You should be able to recognize what tasks provide you or your organisation with the most value. If there is cooking food on your list, it would be helpful to do that before embarking to do everything else on an empty stomach.
Rearrange the tasks
After identifying the work needed to be done first and the work garnering the most value when completed. It is time to rearrange the tasks requiring the most effort. The easiest way to do this is by employing a prioritisation method by Brian Tracy. It focuses on your feelings towards the task.
In the words of Mark Twain, if the first thing you do each morning is to eat a live frog, you can go through the day with the satisfaction of knowing it is probably the worst thing going to happen to you all day long. With this ideology in mind, get the worst task done first.
- Things you do not want to do and you do not need to do.
- Things you do not want to do but actually, need to do.
- Things you want to do and actually need to do.
- Things you want to do and do not need to do.
Remember you only have twenty four hours in a day, make sure you do not bite off more than you can chew.
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