Tag: startup

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Business motivation

The Mission to Support Businesses in Their Journey From Start-up to MNCs

todays startup tomorrows mnc
Economy

India has become a hub of booming start-ups. Individuals of every sector with innovative ideas have come forward to present the market with never-before services or products that have completely transformed the lifestyle of people. The list includes names such as OYO, Ola Cabs, Swiggy, Snapdeal and BYJU’s which have become a part and parcel of everyone’s lives. These Indian start-ups have also made it difficult for many international brands to maintain their position in the market, giving them tough competition.

One similar start-up is Bada Business, which has transformed the definition of business coaching for entrepreneurs and business aspirants of the country. Aiming to provide Indian SMEs and MSMEs with business knowledge that can help them reach beyond international standards, the Founder and CEO of the organisation, Dr. Vivek Bindra has trained thousands of entrepreneurs, wantrepreneurs and students with skills to build and strengthen their businesses through various courses provided by the company. While the YouTube channel of Dr. Vivek Bindra has over 15 million subscribers and is the World’s no. 1 Entrepreneurial YouTube channel, his courses such as Everything About Entrepreneurship educate professionals with valuable business skills.

Dr. Vivek Bindra, through his training courses, aims to empower Indian Businesses to such an extent that they can transform into billionaire MNC companies and outstand international companies in the market. Everything About Entrepreneurship, one of the courses offered by the organization Bada Business, offers business lessons that help students, wantrepreneurs, and people involved in family businesses with the skills to take their business to another level through lessons provided by leaders of Xiaomi India, Kent RO, Ford, Amul among many other renowned organisations.

Another series of courses by Bada Business named Problem-Solving Courses help the businesses to get a solution for their most crucial problems such as funding, finance, HR, marketing, sales, personality development, customer relation etc.

Bada Business offers its customers with Lifetime Membership for its courses with an access to all the upcoming digital courses including Everything About Entrepreneurship and Problem-Solving Course. Its customers get a collection of over 600 business templates, tools, and strategy sheets named Aladdin ka Chirag. To know more about Lifetime membership, visit or https://www.badabusiness.com/life-time-membership?ref_code=ArticlesLeads

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Startup

How this Gaming Startup Raised $10 Million funding from WestCap Group

zupee startup

Backed by Matrix Partners India, skills-based online gaming platform Zupee has raised $10 million funding in a second-round which was led by WestCap Group, a US-based growth equity firm. The existing investment partner Matrix Partners India also took part in it.
With this second round of funding by existing investors, Zupee has managed to raise a total of $19 million, as the firm had received funding of $8 million in April 2020. The firm that runs live quiz tournaments on its app where the users can win cash prizes has other investors like Smile Group, Venture Partners, Orios, and Falcon Edge Capital among its investors.

Founded in 2018, by IIT Kanpur graduates, Siddhant Saurabh and Dilsher Singh Malhi, Zupee offers more than 2,000 live quiz-tournaments on a diverse range of topics that includes sports, movies, mathematics, spellings, and general interest topics on their smartphones.

Following the latest round of funding, Zupee plans to use the funds to expand its market reach, scale its platform, build a stronger team, and provide an improved user experience. The company is also planning to launch its product in several other languages in the future.
“We have driven an exponential month-on-month growth this year. This fresh round of funding enables us to accelerate our scaling efforts,” said CEO and co-founder Dilsher Singh Malhi.

“The year of 2020 witnessed the rise of online gaming truly in India at a great momentum, and Zupee’s accelerated growth is a clear testament to the growing trend,” Tarun Davda, managing director at Matrix India, said.

Despite an uncertain regulatory landscape in India, the skill-based gaming segment has attracted a lot of funding in India. In the past couple of years, online gaming platforms like Mobile Premier League, Dream11, and Winzo gained popularity. While MPL raised $90 million led by SIG, Dream11`s valuation was raised to $2.5 billion after receiving funds from Tiger Global, Chrys Capital, FootPath Ventures, and TPG Tech Adjacencies in 2020.

Do you also have a unique idea to come up with your start-up? Then here’s how you can learn everything you need to know and achieve success in your entrepreneurial journey.
Join Everything about Entrepreneurship Course and arm your start-up idea with the right tools and see the possibilities grow. Visit https://www.badabusiness.com/?ref_code=ArticlesLeads

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Startup

Tiding Over Times: 3 Things Indian Start-ups should be prepared for Post COVID World

startups

With nations imposing the complete lockdown to protect their citizens, the global pandemic of COVID 19 brought the wheel of economic growth to a halt. The businesses have been stalled, supply chains are disturbed and the global trade has been thwarted.

According to a Nasscom report that included 250 start-ups in India, ’90% of them are facing a decline in revenue. 70% of them are struggling with cash reserves, while 30-40% start-ups are in the process of shutting down either temporarily or permanently’.

However, for many, the difficult part of the pandemic is its uncertainty that has made many startup founders quite anxious. Here are 3 things that Indian start-up should do to succeed in post COVID world:

Look for New Opportunities

‘Success is not changing reality; it is the mentality behind the reality’. A crisis is nothing but an opportunity in disguise. Hence, keep your eyes open and look for new business opportunities. Research on current market trends and evaluate your product accordingly. This will help entrepreneurs to understand the changed customer behavior, and infuse innovation into their business strategy.

Create a Concrete Business Strategy

Accepting the reality and working according to it is the need of the hour. Hence, every startup owner should have straight conversations with your co-founders and investors will help you analyze the company`s health. Conserve funds, create a business plan, test every future assumption, and keep the dialogue open.

Indian Startups should Focus on building a remote team
Due to the pandemic, most of the companies have given their employees work-from-home. This will ensure the physical and mental well-being of every employee, and also reduces the chances of infection. However, it is important to stay connected with your employees to keep their morale up. Hence, be transparent about your plan and connect with them through daily or weekly calls.

The easy days ahead of you will remain easy, it is the challenging times that test your strength to the very core. You will be defined not just by how much you achieved, but by how you survived in the tough times.
The above-mentioned factors must be taken into consideration by startups after Covid to survive. If you have other business problems that you are stuck with, you can find a solution with our Problem Solving Courses. Click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Motivational

Unicorn 2020: This online beauty & lifestyle retailer start-up entered the $1 Billion Club in 2020

unicorn startup

The year 2020 not only be remembered for the chaos that it has created. For some start-ups, this year also means massive funding from investors across the globe. It will be memorable for them as they enter the unicorn club.

India has seen a record number of start-ups valued at $1 billion this year, and Mumbai-based online beauty & lifestyle retailer is one of them. Founded by Falguni Nayar, a banker-turned-businesswoman, Nykaa was launched in 2012.

A graduate of the Indian Institute of Management, Ahmedabad, Nayar was born and raised in Mumbai. Her father ran a small bearings company, assisted by her mother and the conversations revolved around investments, stock market and trading.

For 18 years, she worked with Kotak Mahindra Capital Co. Nayar, who was working as the managing director and head of its institutional equities business left in 2012.

“Once I turned 50, I thought I would become complacent,” she said. Initially, it was hard to quit the job at Kotak, “where everything was going right”, but with the self-imposed deadline of 50 loomings, Nayar did just that.

Before the Covid-19 pandemic came unannounced, Nykaa claimed profitability for the fiscal FY19 last year in December. The company also took the initiative to deliver the essentials to over 14,000 pin codes across the country. In May 2020, after raising funding of Rs 66.64 crore from its existing investor Steadview Capital, it attained its unicorn status at a valuation of $1.2 billion.

Started as a multi-brand online beauty retailer, today Nykaa has more than 46 stores across the country and has extended its online presence through a mobile app. The company has stocked up more than 1500 genuine brands and also provides free shipping.

Nykaa has launched its NykaaDesignStudio where subscribers can share their ideas and interact with each other. With its growing popularity, today it competes with online marketplaces like Myntra, Purplle, Flipkart, and Amazon. The platform follows an inventory-led model and has its private label in the cosmetics and personal care segment.

Not only women, but Nykaa has also launched NykaaMan,an e-commerce platform for personal grooming products for men. It has also acquired 20Dresses.com for an undisclosed amount in a move to further growth.

We know what you are thinking! The idea of managing the business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer courses like Everything About Entrepreneurship (EAE), Problem Solving Courses (PSC) & Lifetime Membership (LTM). For more details, click https://www.badabusiness.com/?ref_code=ArticlesLeads

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Startup

Kerala-Based Startup Inks Pact With UN Women’s Empowerment Principles to Train, Promote and Empower Women

Women Entrepreneurs in India (Photo Credits: Pixabay)

Thiruvananthapuram, December 21: With an aim to empower women, a Kerala-based startup has inked an agreement with the United Nations Women’s Empowerment Principles. This is for the first time that a woman majority startup named Vydyuthi Energy Services (VES) has signed an agreement with the United Nations body. With the signing of the agreement, the VES will establish high-level corporate leadership for gender equality, promote education, training and professional development for women. It will also implement enterprise development, supply chain and marketing practices that has the capability to empower women, promote equality through community initiatives and publicly report on progress to achieve gender equality.

In India, Kerala is already in the top list of the Niti Aayog for implementing the United Nations Women’s Empowerment Principles. According to a report by IANS, of the 170 companies from India which had signed for the United Nations Women’s Empowerment Principles, 64 companies are from the private sector. The Vydyuthi Energy Services is the 65th company from India and the first from Kerala to have signed the pact.

As per details available, at Vydyuthi Energy Services (VES), the woman help businesses and organizations across sectors to identify energy efficiency drivers and enable them to adopt viable action plans. The start-up firm was established by an NRI, Anoop Babu from Thiruvananthapuram. Meanwhile, Kerala State Electricity Board Energy Efficiency Department is the patron head of VES. The founder, i.e. Babu has a vast experience in the renewable energy sector and is involved in multinational projects in various countries, including the Middle East.

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Startup

3 Budget Friendly Hacks to Grow Your Business Online

Social media Marketing
Social media Marketing (Photo Credits: Wikimedia Commons)

Mumbai, December 17: The online medium has become one of the fastest ways to reach out to your target audience. It has a huge potential and you need to know some easy hacks to grow your business through online by not spending a huge amount of money.

It is very important to remember that if you are just starting a business, then you cannot afford to waste money.

  1. Choose a simple and easily navigable website: It is very important to choose a design and a temple which your audience will be able to understand. Don’t clutter with too much information and keep it simple. The website should be responsive, which means customers should be available to view it properly on desktop, mobile, tab and other platforms.
  2. Work on a good content marketing strategy: In this stage, one needs to focus on SEO and a good content marketing strategy. If you have a brand dealing with jewellery, then the product page of the website should have the tags and other details. This will help customers to land on to your company page. You can have blogs as well, by sticking to your niche and educating people about your category.
  3. Use social media to drive your traffic: All the social media channels have huge marketing potential. Therefore, it is important to know how to use it. There are few things that need to be remembered- be consistent, engage with your customers and pay in promoting a few special posts.We hope these growth hacks for the online platform is useful for your brand.
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Startup

Hottest Startups of 2020: Paytm, Dream11, Zomato, Ola, Swiggy Among Top 10 Startups of 2020, Says Report

Startup
Startup (Photo Credits: Pixabay)

Mumbai, December 10: As per the Hottest Startups of 2020 Report, Paytm, Dream11, Zomato, Ola, Swiggy, Big Basket, Oyo, Byjus, Snapdeal, and Unacademy are the top 10 hottest startups of 2020. It needs to be mentioned here that all the ten startups hold the title of unicorns.

Paytm topped the list in terms of creating the most consistent buzz throughout the year while Dream11 bagged the title for the prominence of its brand.

The Hottest Startups of 2020 Report by Wizikey, celebrates the top 100 most influential startups in India emerging sectors like Fintech, E-commerce, SaaS, Logistics & Edtech, that have successfully redefined the ecosystem in 2020.

2020 also emerged as the year of Fintech due to the strong wave of cashless transactions like UPI and wallet payments that were witnessed in both metro and non-metro cities.

Some of the new players that have found a place in the list of hottest startups are- CRED and Khatabook. Big Basket found itself leading the sectoral list but ranking overall at number 6, way above Grofers which is ranked at 15.

 

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Startup

Here Are 4 Kinds of People To Avoid When Starting a Business

Startup
Startup (Photo Credits: Pixabay)

Mumbai, November 30: Starting your own business is not as easy as it sounds. There are several factors which need to be considered and they need to fall in place for the proper functioning of the business. When you start a business, it is very important to be in the influence of people who will have a positive impact on you, rather than demotivate and pull you down.

The entrepreneurial journey is extremely satisfying,  but there are several challenges on its path. We have listed a few kinds of people from whom you should stay away.

  1. People Who Are Negative & Doubt Your Capabilities: Stay away from people who doubt your capabilities as one of the traits which are required when you start a business is confidence. So at no cost, you can afford people who doubt your capabilities. People who are negative will have a bad impact on you.
  2. People Who Will Not Stand by Your Tough Times: All days are not going to be the same. There will be days when your business will face a tough time. It is very important to choose people who will not leave you in your tough days.
  3. Those Who Have Big Egos: When you are starting a new company, everyone is on the same page and all the employees need to think of it as their baby. People at this stage can’t carry excess baggage in the form of egos, which will create a negative impact and will hinder the growth.
  4. The Person who keeps reminding you of your shortcomings: Stay away from people who keep on reminding you of your past mistakes and shortcomings. These kinds of people will not let you move ahead in future.We hope that the above ideas will help you to stay alert and maintain a distance from such toxic people, whom you can’t avoid at the start of your business.
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Startup

Here Are 4 Reasons Why Starting a Business From Home is Not a Bad Idea

Startup (Representational Image Only, Photo Credits: NeedPix.com)

Mumbai, November 27: Starting a business from home considered as a great time in today’s time. Although there was a time when a home-based business wasn’t taken seriously, compared with the usual 9-to-5. However, we can safely say that times have changed and COVID-19 pandemic has also contributed to changing the landscape of operating a business.

The pandemic forced offices to allow employees to work from home. It was then people valued and understood the concept of work from home. Here’s why starting a business from home is actually a good idea.

  1. Increasing Commuting Cost & Traffic Issues: We are all familiar with the traffic jams which we face every day on our way to commute. The situation in metro cities is worst, where employees are spending their majority time in travelling. So, here’s why this hassle can be overcome if you plan to start a business from home.
  2. Giving time to the family: If you are saving time on the commute, you can use that to spend time with your family and loved ones.
  3. No need to pay high rent for office space: The best part of working from home and starting your own business is that you don’t require to rent or buy an office space. Property is a very volatile market and companies spend a huge chunk of their income in paying office rent.
  4. Advancement in technology: Thanks to the ever-changing technology, your work will not be impacted even if you work from home. From good internet bandwidth to online meetings with colleagues, everything can be facilitated from the comfort of your home.

    These days, there are plenty of legitimate businesses that are being operated from homes across countries. These businesses have grown to create one of the largest, fastest-growing commercial segments in the world today. Modern technology makes it possible, easy, and convenient to do business wherever and whenever.

    Today, there are several options which are open for someone if one wants to explore the idea of starting a business from home. If you have an idea, what are you waiting for? Go ahead, and start it today.

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MSME

Here Are 3 Major Roadblocks on the Path of Indian MSMEs’ Road to Digital Transformation

Digital Transformation
Digital Transformation (Photo Credits: Pxfuel)

New Delhi, November 24: Indian MSMEs realised the importance of digitisation amid the coronavirus crisis. Infact, digitisation opened the gates for many local businesses and helped them strengthen their operations and cope better with stressful times.

However, there are some roadblocks on the path of Indian MSMEs which needs to be cleared to achieve success.

Limited growth capital: MSMEs have limited growth capital that makes technology adoption and digital transformation demanding.

Expensive: Digitisation is an expensive affair, from buying the latest smart devices, strong internet services, to getting skilled employees to manage the system.

Unaware of digital impact: Indian MSMEs are still unaware of digitisation and they fail to create customer loyalty and retention.

India’s micro-, small- and medium-sized enterprise sector is a vital contributor to the country’s growth story. According to a 2019 study conducted by YES Bank, it revealed that over 50 percent of digitally-empowered MSMEs improved their profits, operational efficiencies, as well as customer engagement. In addition to this, the Narendra Modi government has pushed out several initiatives to boost the sector.

MSMEs are not alone in their journey to digitisation, e-commerce companies like Amazon and Flipkart to corporates like Mastercard all have been doling out initiatives to help the MSME sector. Also, several startups like Khatabook, FarEye, Udaan, and others are dolling out several initiatives to help MSMEs in the digitisation journey.