Wednesday, May 29, 2013

10 most promising start-ups in India


In the last five years India has seen emergence a large number of innovative startups. Not all will be making profit in the long run and 60-70% might stop their operations due to various reasons. Here I have tried to list few start ups that have that X-factor in them. They are extravagantly innovative and radical. I have made the list of these start ups on certain criteria listed below: 
  1.  These start ups are not more than five years old.
  2. They are the first in their particular field and presently only one of their kinds
  3. Are Very innovative and have a very wide scope, not focusing on any particular niche.

Instamojo
Most promising of all the recent start ups - Instamojo Inc. is a web-based Indian startup founded in 2010 by Aditya Sengupta, Akash Gehani, Harshad Sharma and Sampad Swain. It provides customers a platform to sell digital goods like e-books, reports, comic books, music, software, templates, photos, tutorials etc by listing the item on the website and sharing the web link with others. It seems to be a really promising startup and I feel a lot more companies are going to follow the path paved by Instamojo. A lot more can be done in the field of file sharing and selling over the internet and it can take numerous forms over the next few years.

Chargebee
Chargebee is a recurring online billing solution for websites and online applications. In the current scenario where more and more people are getting involved in developing online portals, applications and e-commerce stores, chargebee can offer a very effective solution for other start ups. So more like its riding the wave of entrepreneurship and startup culture in India. ChargeBee was set up in May 2011 by the four software professionals – Krishnamoorthy S (CEO), Saravanan KP (CTO), Rajaraman S (Product manager) and Thiyagarajan T (Senior developer)  

Phodphad
Phodphad aims to bring a radical changes in the current education system from standardized college curriculum to a more personalized learning experience, thus creating conditions where a person’s natural talent can flourish. Its a Pilani-based education-oriented networking site that aims to make academics a more rounded experience. Phodphad is an online learning platform that aggregates all the video courses available online and structures them for e-learners. The idea was incepted back in May 2010 in BITS Pilani by Nikhil Daga and his team. I have full faith in the potential of the concept.

Harness
Harness Handitouch Private Limited (Harness) is an education technology start-up founded by alumni of premier educational and corporate institutions in India and internationally. Their product, Touch-on-Cloud, is a tablet and cloud based learning 'operating' system which disrupts the idea of classrooms, ICT and learning management systems as we think of them today by bridging the digital-physical divide. The solution has applicability in conventional, online as well as distance learning .Touch-on-Cloud effectively addresses problems faced in current conventional and ICT classrooms such as teacher control and lack of student engagement as it enables user generated content creation, real-time classroom collaboration, evaluation and feedback and content management on the cloud.

BabaJobs
Babajob.com is a web and mobile start-up dedicated to bringing better job opportunities to the informal job sector (cooks, maids, security guards, office helpers, etc.) by appropriately connecting the right employers and job seekers via the web, mobile apps, SMS, the mobile web and voice services.As more and more people are getting access to internet, Babajobs has a sea of opportunities waiting to be explored in the Indian rural segment. Babajob was founded in Bangalore, India in 2007





HealthKart
HealthKart sources health & wellness products from across the globe & provide them to every Indian via online shopping. Their domain covers categories like Nutrition, Sports and Fitness, Diabetes, Home Devices, Eye, Personal Care, Beauty, Parenting & Health Services. It is one of its type online health and wellness products website which was formed in March 2011. It has great scope as the bloating middle class of India is increasingly becoming health conscious.

 

Exotel
Exotel offers Cloud-based business phone systems to SMEs and enables companies to manage customers via inbound voice calls and SMS without getting into the hassles of setting up a full-fledged call centre. the company adds the intelligence of the Internet with telephony to provide all relevant data needed to run a business over voice & SMS. It was Set up in 2011 by BITS graduate Shivakumar Ganesan who teamed up with Ishwar Sridharan, Siddharth Ramesh and Vijay Sharma.


Delight Circle
DelightCircle, a smartphone and tablet app that provides information on new arrivals and offers on existing products to the user, for nearby locations. The app is available on IOS, Android and Blackberry Platforms. Its a good way to connect technology to the real world shopping experience in a manner never seen before. The startup was founded by Baid, Raviteja Dodda, Smriti Kankariya and Yashwant Kamara in June 2011.



Akosha 
Akosha is a service for Indian consumers which helps them in resolving day to day consumer complaints. Akosha provides service to disgruntled consumers by taking up their grievances with companies for a fee.Customers provide details of their complaint. If it is valid, Akosha takes the case and works out a solution. Ankur Singla created this website in August 2009.

Zomato
Zomato.com is an Indian website providing information related to restaurants, bars, pubs and clubs, and events at such establishments in cities of India, Sri Lanka, the United Arab Emirates, the United Kingdom, Qatar and the Philippines. The Restaurant Guide section currently lists over 98,900 restaurants and menus for restaurants listed on the website. The website Foodiebay.com was started by Deepinder Goyal in 2008 and was named as zomato.com in 2011.


Sunday, May 26, 2013

Top 10 most successful start-ups in India


India is a country of budding entrepreneurs. Every years a large number of entrepreneurs put in efforts to make a system, a website or a project which they believe is the next big thing. However not all the start-ups are able to continue their journey for over 3 years. Most of them become insolvent or fail due to human resource issues. Here I have listed the top 10 start-ups who have made it to over three years.


Flipkart:
flipkart.com
Undoubtedly the most successful of Indian online companies, Flipkart is one of the biggest and highest earning online companies in India. Being an early starter in the field of online retail, it has the biggest market share of customers. Headquartered in Bangalore, it was founded by Sachin Bansal and Binny Bansal in 2007. In its initial years, Flipkart focused on online sales of books, but it later expanded to electronic goods and a variety of other products. Flipkart offers multiple payment methods like credit card, debit card, net banking, e-gift voucher and Cash on Delivery.

JustDial
justdial.com
Its a company providing local search services over the Phone, Web, Mobile and SMS. It is headquartered in Mumbai, Maharashtra. Users are required to call a common number and simply tell the human operator what service they are looking for. Text and email alerts are then sent to users listing the best options around them. Recently they have come up with an IPO for fund raising. Just Dial's initial public offer to raise $174 million was oversubscribed nearly 12 times in what marked the country's biggest IPO this year (2013).


Quikr
quikr.com
Quikr is an online classifieds company based in Mumbai. It was launched on 12 July 2008 and is currently present in 900 cities across India. Quikr provides the local community with a platform to help them buy, sell, rent and find something and address needs across many categories. These categories numbering over 12 and sub-categories over 140 range from Mobiles, real estate, cars, services, jobs, entertainment, furniture, electronics etc

SnapDeal
snapdeal.com
It is among one of the largest e-commerce stores in India closely following Flipkart in terms of volume of sales and customer base. It has been able to provide the most competitive rates in the online retail industry making it a preferred online retailer for many. It was launched in February 2010. Snapdeal.com has a network of more than 50000 Merchants/Brands, and has over 20 million members (which is 1 out of every 6 internet users in the country) and caters to the shopping needs of customers across 4000+ towns and cities.


RedBus
redbus.in
redBus, also known as redBus.in, is India's biggest online bus ticketing company.The company also sells tickets through offline outlets. RedBus is estimated to have a market share of 65 percent. RedBus now faces stiff competition from many new players such as Mantis (Travelyaari), AbhiBus and SimplyBus, but it is believed that none of the other companies have the convenience or bandwidth of Redbus’ offerings that combine consumers, operators and travel agents.It was started in 2005.

Make My Trip
makemytrip.com
Make my trip is an online ticket booking agency established in 2000. It has a major share of customers in flights and bus ticket booking. It faces close competition with Yatra.com which is a relatively newer player. Makemytrip.com offers the following booking services : airline, railway and bus tickets and reserve hotel rooms and car rentals throught call center/internet.maketrip.com visitors also have the option of Car rentals in popular Indian cities

Yatra
yatra.com
It is an Indian online travel agency and a travel search engine based in Gurgaon, Haryana. Yatra.com offers its customers domestic and international flights, weekend getaways, rail tourism packages, holidays, hotels and trains. The website also offers various time-bound deals from time to time. Founded by Dhruv Shringi, Manish Amin and Sabina Chopra in August 2006. By the way stake is owned by Network18 in this company and Salman Khan is their brand ambassador.


Myntra:
myntra.com
Myntra was established by Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena in February 2007. All three are IIT alumni, and have worked for several start-ups. Myntra is headquartered in Delhi and has been funded by Venture Capital funds like IndoUS, IDG & Accel Partners.  It began its operations in the B2B (business to business) segment with the personalization of gifts, which included T-shirts, mugs and caps to name a few. However, in 2010, the company shifted its strategy to becoming a B2C (business to customer) oriented firm, expanding its catalogue to fashion and lifestyle products.

Ibibo
ibibo.com
Ibibo which stands for iBuild, iBond, is an Indian social networking site. It is an umbrella site that offers a variety of applications under its social network.Ibibo was founded in January 2007 by Ashish Kashyap who had formerly served as the Head of Indian Sales and Operations for Google. It has a number of companies under the brand. The key portfolio organizations of the group are Goibibo.com (Online Travel);  Tradus.com (Online Marketplace); PayU.in (Online Payments) & Gaadi.com (Auto Classifieds).

Book My Show
bookmyshow.com
Its India's largest ticket booking site for Movie Tickets, T20 Tickets, Music Concerts, Sports, Plays, Events, Theater, Cinema & Match Tickets. Apart from this it also has information about Cricket Schedule, Match Reviews, Movie Reviews, T20 Match News. Network 18 invested in this company in March 2007. It sells 1 Lakh (a hundred thousand) tickets in a single day on an average.

Friday, May 17, 2013

10 money saving tips useful in daily life

Image courtesy: www.sellpension.co.uk

Hi friends. In the current times of high inflation, everyone feels a pinch in their pockets while buying things.
Today I am going to give you examples of some commonly used tips and tricks to save money. Some of these might have been used by you already while others might be new. Just take a look:

  1. Keep a track of warranty and guarantee of different stuff. If you already do so well and good. Most of the electronic gadgets and kitchen ware come with an year long warranty. For others who are apathetic to warranty, guarantee, free servicing and stuff like that - Wake Up!!! 
  2. Ask for discount whenever you can. It might surprise you how you can save thousands regularly on simple stuff. There is no harm in asking for it. What can be the worst thing if you ask for it? Your demand will be declined. Well you were anyways going to pay full amount. Just because you were a little shy in asking for discount while buying a product/service you ended up paying 10%-20%. 
  3. Avoid secondhand stuff if it is coming for more than 60% of a new product. This is because for a second hand product you'll later end up paying more for servicing. 
  4. Research the market thoroughly and take an informed decision before buying something. Look up the product on different online stores and visit outlets and stores personally before buying something. Make sure the price you are offered is the best in market.
  5. Never run behind offers, discounts and freebies. Nothing in this world is free. You will be charged somewhere or the other for a free product. The person selling things is also sitting there for profits. 
  6. Rather than buying a replacement for a damaged product/good, check if it can be repaired. IF possible, try getting it repaired in the first place instead of buying a new one. For electronics, get it repaired from genuine shops only.
  7. Secondhand books are a good deal.
  8. Needless to say, be careful and conscious about wastage of electricity. Use energy efficient appliances.
  9. Learn to invest and understand the difference between "A need" and "A want".
  10. Last but the most important one: Educate your kids about money. The earlier you impart financial education to them, the better for the two of you. 
As they say: Money saved is money earned. 

Saturday, April 13, 2013

Some most lively and polular Bars in Mumbai

After giving a list of top places to Visit and top 5 malls, now presenting the most lively and economic bars in Mumbai.

The Hard Rock Cafe
Obviously it had to be at the top. Located in the posh locality of Lower Parel is a hot spot for rock music fans. The Hard Rock Cafe chain has been loved all over the world and this one in Mumbai is no exception. Loud Music, well-mannered bartenders, wooden furniture and loads of beers makes for the awesome ambience here. You may get a chance to see a live rock band performance as its a prime destination for soch events. Plus there is a merchandise store from where you can get cool Tees and accessories or collectibles which you can flaunt later.
Address: Bombay Dyeing Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra 400025 
Phone: 022 6651 1209
Price : Quite Costly
Ambience: Awesome
Overall: 8.5/10

Cafe Mondegar:
Cafe Mondegar is a convert of an Iranian restaurant. It is situated about 200 meters from Gateway of India, in South Mumbai. This is a vivacious cafe, enveloped in music playing from jukebox having a collection of jazz, pop & rock. The walls are painted with cartoons and quotes by Mario Miranda. The cafe is open till midnight and serves beer. Vegetable crispies & Onion Rings are the popular snacks with beer. It provides a true and a very lively view of the city-folks. 
Address: 5-A,Metro House, Shahid Bhagat Singh Road, Colaba Causeway, Apollo Bandar, Mumbai, Maharashtra 400039 
Phone:022 2202 0591
Website: http://mumbai.burrp.com/listing/cafe-mondegar_colaba_mumbai_bars-pubs-restaurants/110108099
Price: Medium
Ambience: Good
Overall: 8/10

Leopold Cafe:
One of the oldest cafe in Mumbai (estb. 1871), this one is quite over-rated among the people of Mumbai. Mostly occupied by foreign visitors, it became all the more popular after the 26/11. Yes, if you talk about lively bars of Mumbai, Leopold has got to be there in the list. The cafe is quite crowded especially on weekends as it is quite popular. One could find good crowd here at any time and the service is quick.
Address: SB Singh Road, Apollo Bandar, Mumbai, Maharashtra 400001 
Phone:022 2282 8185
Website: www.leopoldcafe.com/
Price:Economical
Ambience:Crowded on Weekends
Overall:7/10 
 
Blue Frog
Its the best bar in Mumbai for Music-lovers. You can enjoy your drinks amidst the live-performance of one of the best bands of the world. Opulent ambience design with live performances, inventive cuisine and an excellent bar. Live music runs 6 nights a week, EVERY week, with international artists featured regularly. Genres of music range from jazz, blues, funk, soul and afro/latin to electronic, club, rock, folk and more.
Address: Mathuradas Mills Compound, Opposite Kamala Mills Compound, Entrance from Tulsi Pipe Road, Lower Parel, Mumbai
Price: Costly
Ambience: Awesome
Overall: 7/10 




List of top MBA colleges in Mumbai

Top and the most polular MBA institutes in Mumbai :


1) Jamunalal Bajaj Institute of Management Studies (JBIMS)
 
2) Shailesh J. Mehta of Management, IIT Bombay
 
3) Narsee Monjee Institute of Management Studies (NMIMS)
 
4) National Institute of Industrial Engineering (NITIE)
 
5) S. P. Jain Institute of Management and Research (SPJIMR)
 
6) Tata Institute of Social Sciences (TISS) (H.R only)
 
7) K. J. Somaiya Institute of Management Studies
 
8) Sydenham Institute of Management Studies and Research and Entrepreneurial Education
 
9) Welinkar Institute of Management Development and Research
 
10) Chetna's R. K. Institute of Management Studies and Research

......................................................................
Other popular colleges:
Institute of Technology and Management (Navi Mumbai) (ITM)

SIES College of Management Studies

Lala Lajpatrai Institute of Management

MET's Institute of Management

Thakur Institute of Management Studies and Research

ICFAI, Mumbai

IES Management College and Research Centre

Xavier's Institute of Management and Research