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fabricofranchise · 5 days ago
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Best Franchises to Own for Beginners — Fabrico
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If you’ve been daydreaming about becoming your own boss but the idea of starting from scratch feels overwhelming — franchising might just be your golden ticket. For beginners, franchise business opportunities offer a safety net. You’re buying into a model that already works, with proven systems, recognized branding, and a loyal customer base.
And when we talk about best franchises to own, especially in India, Fabrico is emerging as a top contender.
What is a Franchise Business?
Let’s keep it simple. A franchise business is when a company (franchisor) allows someone else (franchisee — you) to operate a branch of their business using their name, branding, and systems.
You’re not alone — you’ve got the blueprint, the playbook, and often the team.
Why Choose a Franchise Instead of Starting From Scratch?
Built-in Trust: Customers already know the brand. Less convincing needed.
Faster Setup: Forget months of testing. The system’s ready to roll.
Training: You’ll get full training. No need to be an expert.
Marketing Help: From social media to local ads, you’ll get support.
This is why more beginners are leaning into franchise opportunities — less risk, more reward.
Key Factors to Consider Before Investing in a Franchise
Before you dive into your new business life, consider these:
Your Budget — What’s your total investment capacity?
Location — High footfall = higher success rates.
Growth Potential — Is the industry expanding?
Support Structure — Do they offer training, logistics, marketing help?
Profit Margin — Know how soon you’ll break even and grow.
Types of Franchise Opportunities for Beginners
Here’s where most beginners look:
Food & Beverage
Everyone eats — but high competition and overheads.
Retail & Lifestyle
Popular but sensitive to economy shifts.
Healthcare
Stable but requires licenses, technical knowledge.
Laundry & Dry Cleaning
The new rising star. Low involvement. Recurring customers. Enter Fabrico.
The Rise of Laundry Franchises in India
India’s urban population is changing. More nuclear families, busier routines, and higher hygiene awareness mean laundry services are booming.
People now prefer convenience over chaos. Why waste weekends on laundry?
Laundry franchise businesses have grown especially in Tier 2 and Tier 3 cities where demand is high but supply is low.
Meet Fabrico — India’s Fastest Growing Laundry Franchise Business
Fabrico is transforming how India looks at laundry. It’s not just another dry cleaner — it’s an organized, tech-driven, customer-first service brand.
Pan-India presence
App-based order tracking
Eco-friendly processes
Affordable pricing models
If you’re looking for best franchise business for beginners, this is it.
Why Fabrico is the Best Franchise Business for Beginners
What makes Fabrico click?
No Technical Background Needed — You get full training.
Low Investment, High Return — Starts under ₹10 Lakhs.
Complete Operational Support — From setup to staffing to marketing.
Zero Inventory Stress — No spoilage, no perishable stock.
Recurring Business Model — Clothes get dirty every week. Customers keep coming back.
Fabrico Franchise Cost and ROI
Worried about budget?
Franchise Cost: ₹6–10 Lakhs approx.
Setup Time: 30–45 days
Monthly Profit Margin: ₹50,000 to ₹1.5 Lakhs
Break-even Period: 18–24 months
That’s ROI faster than most franchise opportunities in food or retail.
Steps to Start a Fabrico Franchise
Apply on Fabrico’s Website
Get a Business Consultation
Finalize Location & Investment
Complete Training
Launch with Support
You’ll get logistics, digital marketing, and CRM setup from Day 1.
Real-Life Success Stories
From Lucknow to Nagpur, franchisees are calling Fabrico their “best decision.”
“I recovered my investment in 10 months. Fabrico gave me everything I needed.” — Ritesh, Franchise Owner, Jaipur
“Customers love the ease of pickup & drop. And the app is a game-changer.” — Namrata, Franchise Owner, Indore
What Makes Fabrico Stand Out from Other Best Franchises to Own
Smart App: Customers can book, track, and pay online.
Centralized Processing Unit (CPU): Ensures quality control.
Eco-Friendly Cleaning: Attracts modern, conscious customers.
Community Loyalty: High repeat customer ratio.
It’s the future of laundry — and it’s available now.
Comparing Fabrico With Other Franchise Opportunities
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Winner? Fabrico. Every single time.
Tips for First-Time Franchise Owners
Don’t Skip Training — That’s where the magic is.
Follow the System — The brand knows what works.
Hire Smartly — Good staff = happy customers.
Monitor Monthly Metrics — Know your numbers.
Engage Locally — Be part of the community.
Conclusion
If you’re a beginner looking to step into business without diving into the unknown, franchising is your way in. Among the best franchises to own6, Fabrico stands tall — not just for being India’s fastest-growing laundry brand, but for being beginner-friendly, profitable, and future-ready.
Don’t miss out on the wave — ride it with Fabrico.
❓FAQs
1. Is Fabrico suitable for non-business backgrounds?
Absolutely. Fabrico provides full training and operational guidance, making it ideal for first-time entrepreneurs.
2. What is the break-even period for a Fabrico franchise?
Typically between 18 to 24 months, depending on location and operations.
3. Can I run Fabrico part-time?
While it’s best to be actively involved initially, many franchisees later delegate daily tasks to trained staff.
4. Is the franchise business recession-proof?
Laundry is a necessity, not a luxury. Demand remains stable even during economic downturns.
5. What kind of support does Fabrico provide?
Fabrico offers complete training, marketing, tech support, logistics, and staff hiring assistance.
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enterprisewired · 24 days ago
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Meet the Youngest CEO in the World Who Beat All Odds?
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The idea that CEOs must be older and highly experienced no longer holds. A new wave of young leaders is changing how companies grow. They bring energy, creativity, and smart strategies. The youngest CEO in the world is part of this shift, leading teams and shaping industries with a bold vision.
Top 10 Youngest CEOs in the World
Here are ten young CEOs who are leading their businesses with brilliance. Some started as early as 9 or 10 years old. Each story is different, but all are examples of determination, vision, and leadership.
1. Hillary Yip – MinorMynas (Hong Kong)
Source- linkedin.com
Hillary Yip founded MinorMynas when she was just 10. The idea was simple but powerful: a platform where kids could learn languages by talking with other kids. By 15, she was already known worldwide. Today, she promotes global education and encourages young people to learn and connect.
2. Tilak Mehta – Papers N Parcels (India)
Tilak Mehta launched Papers N Parcels at the age of 13, a courier company in Mumbai. He teamed up with the city’s famous dabbawalas to deliver small parcels. His idea turned into a real business that now competes with big courier brands. He is called the youngest CEO in the world in logistics.
3. Mikaila Ulmer – Me & the Bees Lemonade (USA)
Mikaila started selling lemonade at 9 using her great-grandmother’s recipe. She added a twist, helping save bees. Her brand, Me & the Bees Lemonade, is now sold in major stores. A part of the profits goes toward saving honeybee habitats. She proves business can also help the planet.
4. Ritesh Agarwal – OYO Rooms (India)
Ritesh began his journey as a teenager with a dream to fix budget travel. He founded OYO Rooms and became CEO before 20. OYO is now one of the biggest hotel chains in the world. Ritesh showed that youth and ambition can take a local idea global.
5. Suhas Gopinath – Globals Inc. (India)
Suhas built his first website at 14 and started Globals Inc. soon after. By 17, he was officially the youngest CEO in the world at that time. His company provided IT solutions and worked with international brands. He showed that age doesn’t limit technical skills or leadership.
6. Alina Morse – Zolli Candy (USA)
Alina was just 7 when she came up with an idea for a healthy candy that wouldn’t harm teeth. At 9, she founded Zolli Candy, which now sells in over 25,000 stores across the U.S. Her sugar-free candy became a hit, and she became the youngest person to ever pitch at the White House.
7. Advait Thakur – Apex Infosys India (India)
Advait launched Apex Infosys India at 12, an IT and AI company. He developed websites and apps for schools, NGOs, and businesses. His passion for tech and entrepreneurship led to recognition by Google and the United Nations. By 15, he was managing real clients and growing fast.
8. Moziah Bridges – Mo’s Bows (USA)
Moziah Bridges started sewing bow ties at 9. His fashion brand, Mo’s Bows, took off quickly. By 11, he was featured on Shark Tank and gained a mentor. His products were worn by NBA players and sold online. He built a personal brand with class and confidence.
9. Cory Nieves – Mr. Cory’s Cookies (USA)
Cory started selling hot cocoa at 6 to help his mom buy a car. That small idea grew into Mr. Cory’s Cookies, a cookie company known for quality and charm. He became a CEO while still in school. His story shows how passion and purpose can turn into a business.
10. Harli Jordean – Marble King (UK)
Harli started selling marbles at age 6 because he loved playing with them. His online shop, Marble King, grew quickly as orders came from across the UK and the world. By 8, he was managing a successful e-commerce business while inspiring other kids to follow their interests.
Also Read: Famous Business Leaders in History: Icons of Innovation
Business Strategies and Leadership Styles
The youngest CEO in the world doesn’t follow old rules. These leaders move fast, learn quickly, and use digital tools. They talk directly to their teams and listen to feedback. Most focus on innovation and real-world problems. They prefer small teams, flexible work, and clear goals. They lead with purpose, not just profits, and build strong communities around their brands.
Challenges and Future Growth
Being a young CEO is not easy. They face challenges like:
Earning trust from adults
Balancing school and business
Learning legal and financial terms
Also Read:
Selling your Business? These CEO Qualities drive Strong Private Equity Partnerships
The Titans of Industry: Exploring the Qualities of Influential Business Leaders
Leadership Podcast for Entrepreneurs: A Game-Changer for Business Growth
Conclusion
The youngest CEO in the world is not just a title, it’s a powerful message. These kids and teens prove that ideas, courage, and hard work matter more than age. They inspire millions and remind us that leadership starts with action. As more young people start businesses, the future of work and innovation looks exciting. These CEOs lead with heart and hustle, and the world is watching.
FAQs
1. Who is the youngest CEO in the world today?
Hillary Yip is the Youngest CEO. She launched her startup at the age of 10 and officially took the title of CEO in her early teens.
2. What makes someone the youngest CEO in the world?
The title usually goes to a registered company founder who takes the legal role of Chief Executive Officer at the youngest age.
3. Are there other examples besides tech startups?
Yes. The youngest CEO in the world may come from various sectors like education, fashion, food, and logistics.
4. How do young CEOs raise funding?
They often use pitch competitions, social media presence, or angel investor platforms to secure seed money.
5. What skills help young CEOs succeed?
Problem-solving, communication, creativity, resilience, and the ability to learn fast are essential.
6. Can someone become CEO before finishing school?
Yes. Many young CEOs run successful ventures while continuing their education or taking alternative learning paths.
7. Does age limit access to business opportunities?
Not anymore. With online tools and global markets, young entrepreneurs can build and grow companies early.
8. What challenges does the youngest CEO in the world face?
Common challenges include legal barriers, funding gaps, credibility issues, and managing adult teams.
9. How do governments support young CEOs?
Some countries offer startup grants, incubators, or special programs for youth-led businesses.
10. What is the long-term impact of youth-led companies?
They reshape industries, increase digital adoption, and inspire social innovation at scale.
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v-trimsdesign · 26 days ago
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Best Apartment Interior Designer in Lucknow – V-TRIMS Design
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From 1BHK modern flats to luxury 3BHK apartments, we specialize in crafting custom interiors tailored to your personality and lifestyle. Let’s dive into why V-TRIMS Design stands out in apartment interiors.
Why Choose V-TRIMS Design for Apartment Interiors?
1. Tailor-Made Designs
Every apartment is unique, and so are its residents. We don’t offer cookie-cutter layouts. At V-TRIMS, we listen to your needs and design accordingly — be it minimalism, luxury, or a smart-tech home setup.
2. Modern Aesthetics Meets Functionality
We combine aesthetic sensibilities with practical layouts. Whether you need hidden storage in a compact 1 BHK or a lavish open living room in a 3 BHK, we balance beauty and efficiency perfectly.
3. End-to-End Interior Solutions
From design consultation to execution, we offer complete apartment interior services:
Modular kitchens
Living room design
Bedroom styling
Wardrobe solutions
False ceiling & lighting
Painting & wallpaper
Furniture customization
4. Affordable & Transparent Pricing
We believe luxury doesn’t have to be expensive. Our pricing is transparent, with no hidden costs, and tailored to your budget, without compromising on quality.
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Apartment Interior Services Offered in Lucknow
✅ Modular Kitchen Designs
A kitchen is the heart of any home. We design functional and beautiful modular kitchens that make cooking a pleasure, with modern fittings, smart layouts, and elegant finishes.
✅ Living Room Interiors
Your living room speaks volumes about your style. From false ceilings to mood lighting, we create inviting living spaces for family time and social gatherings.
✅ Bedroom Interior Design
We offer cozy, peaceful, and stylish bedroom designs with personalized wardrobes, headboards, textures, and lighting, making your bedroom your private retreat.
✅ Balcony & Utility Area Design
Even the smallest spaces can be turned into cozy hangouts. We design balcony gardens, swing corners, and compact utility areas to make every inch of your apartment count.
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We V-TRIMS Design Process – From Vision to Reality
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Our design process is structured, smooth, and centered around you.
Consultation & Site Visit – We understand your needs and space.
Concept & Moodboard Creation – Based on your vision and style preferences.
3D Design & Material Finalization – See how your home will look before execution.
Execution & Project Management – Timely, clean, and hassle-free installation.
After-Support & Maintenance – Our relationship doesn’t end with handover.
Areas We Serve in Lucknow
We proudly offer the Best Apartment Interior Designer in Lucknow:
Gomti Nagar
Alambagh
Jankipuram
Indira Nagar
Shaheed Path
Faizabad Road
Sitapur Road
Ashiyana and more!
No matter where you live in Lucknow, V-TRIMS Design is just a call away.
Smart Design Tips for Your Apartment
Here are some V-TRIMS expert tips for designing a stylish apartment in Lucknow:
Use light colors to create a sense of space in small rooms.
Add mirrors to enhance natural light and make your rooms feel bigger.
Go vertical with storage to save floor space.
Choose multi-functional furniture for compact homes.
Invest in smart lighting to create different moods.
Why Our Clients Trust Us
Here’s what makes us the best apartment interior designers in Lucknow:
Experienced Designers – Our team has years of expertise.
Timely Delivery – We respect your time and deadlines.
Premium Materials – Only trusted brands and quality materials.
Custom Furniture – Designed to fit your space and taste.
High Customer Satisfaction – Our work speaks for itself.
Hear It from Our Happy Clients
“I wanted a cozy yet modern look for my 2BHK in Gomti Nagar. V-TRIMS Design nailed it! Every room feels like me.” – Pooja S., Lucknow
“They designed my flat with maximum space utility and amazing finishes. Loved the modular kitchen design!” – Ritesh V., Jankipuram
Contact the Best Apartment Interior Designer in Lucknow
Want to give your apartment a stunning makeover? Let’s design your dream space together!
📍 V-TRIMS Design 624v-02 Lower Ground, Vijay Tower, Vijaipur, Vibhuti Khand, Gomti Nagar, Lucknow, Uttar Pradesh 226010 📞 +91-73103 33143 🌐 www.vtrimsdesign.com
Conclusion
Designing your apartment is a reflection of your personality and lifestyle. With V-TRIMS Design, you get the assurance of the best apartment interior designer in Lucknow, delivering thoughtful design, aesthetic brilliance, and a home you’ll truly love.
Book a free consultation today and take the first step toward designing a better, more beautiful life.
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likithaedu · 1 month ago
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Best Colleges for Entrepreneurship in India
India has rapidly emerged as a global startup hub, with cities like Bengaluru, Delhi, and Mumbai producing unicorns at an unprecedented rate. Behind these success stories are institutions that foster innovation, critical thinking, and entrepreneurial spirit. If you're an aspiring entrepreneur, choosing the right college can make a difference.
Here’s a look at some of the best colleges for entrepreneurship in India, where ideas are nurtured and ventures are born.
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1. Indian Institute of Management Ahmedabad (IIMA)
Why it stands out: IIMA’s Centre for Innovation Incubation and Entrepreneurship (CIIE) is one of India's most well-respected startup incubators. The institute offers seed funding, mentorship, and even access to venture capital for startups.
Entrepreneurial Highlights:
CIIE.CO supports early-stage startups.
Hosts India's premier startup events like Innocity and IIMAvericks.
Alumni have founded major companies like Zomato and Razorpay.
2. Indian Institute of Technology Bombay (IIT Bombay)
Why it stands out: IIT Bombay has a strong entrepreneurial culture, fostered by its Society for Innovation and Entrepreneurship (SINE) – one of India’s first technology business incubators.
Entrepreneurial Highlights:
Regular entrepreneurship summits and boot camps.
SINE offers mentoring, infrastructure, and funding support.
Home to E-Cell IIT Bombay, a student-run organization that’s sparked countless ventures.
3. Indian School of Business (ISB), Hyderabad
Why it stands out: ISB's DLabs Incubator provides an ideal launchpad for business ideas. The school also has deep industry connections and a globally respected MBA program.
Entrepreneurial Highlights:
DLabs incubator supports over 100 startups annually.
Offers the “Entrepreneurial Edge” course with hands-on startup building.
Access to global mentors and angel investors.
4. BITS Pilani
Why it stands out: BITS has a long history of producing tech entrepreneurs and has one of the most active student-driven entrepreneurship cells in India.
Entrepreneurial Highlights:
BITS Pilani Technology Business Incubator (TBI) supports early-stage startups.
Known for successful alumni like Phanindra Sama (RedBus) and Ritesh Agarwal (OYO).
Active startup festivals like Conquest and Apogee.
5. International Institute of Business Studies (IIBS)
Why it stands out: Located in Bengaluru, India’s startup capital, IIBS places a strong focus on business innovation and entrepreneurship. It offers a dynamic curriculum that encourages students to turn their ideas into viable businesses.
Entrepreneurial Highlights:
Dedicated Entrepreneurship Development Cell (EDC) to guide startups.
Regular startup boot camps, pitch events, and industry interactions.
Strategic location near tech parks and incubators boosts exposure.
Courses that combine management principles with real-world business simulation.
6. Ashoka University
Why it stands out: Ashoka's liberal arts curriculum encourages interdisciplinary thinking, essential for entrepreneurial success. Its Centre for Entrepreneurship is quickly making a name for itself.
Entrepreneurial Highlights:
Emphasis on social entrepreneurship and sustainable innovation.
Fellowship and accelerator programs available.
Supportive ecosystem for first-generation entrepreneurs.
7. SP Jain Institute of Management and Research (SPJIMR), Mumbai
Why it stands out: SPJIMR's focus on value-based leadership and its Start Your Business (SYB) Program is designed specifically for aspiring entrepreneurs.
Entrepreneurial Highlights:
Offers dedicated entrepreneurial courses and workshops.
Collaboration with TiE Mumbai and other investor networks.
Rich mentorship and alumni network.
8. Entrepreneurship Development Institute of India (EDII), Ahmedabad
Why it stands out: EDII is India’s only institute dedicated entirely to entrepreneurship education.
Entrepreneurial Highlights:
Offers PGDM in Entrepreneurship and Family Business.
Incubation support for women and rural entrepreneurs.
Government and industry partnerships for funding and training.
Conclusion
India's dynamic startup landscape demands more than just technical skills; it calls for creativity, resilience, and a strong support system. The colleges listed above go beyond academics to provide hands-on experience, mentorship, and a community that fuels innovation.
Whether you're looking to build the next tech unicorn, create social impact, or scale a family business, these institutions offer the right platform to turn your ideas into reality.
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sulfurart · 1 month ago
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Transform Your Business with DigiVert – Your Digital Growth Partner
In a world dominated by screens, algorithms, and clicks, your brand’s digital presence is no longer optional – it’s essential. That’s where DigiVert comes in – empowering startups, small businesses, and established enterprises with smart, scalable, and data-driven digital marketing solutions.
🚀 Who Are We?
At DigiVert, we’re more than just a digital marketing agency. We’re your growth partner, your brand architect, and your digital success strategist. From startups that need their first digital footprint to established brands seeking 10x scale – we deliver results that matter.
📈 Our Core Services
1. Digital Marketing From Google Ads to Social Media Campaigns – we help you reach the right audience at the right time.
2. Website Design & Development SEO-optimized, mobile-friendly, and conversion-focused websites that don’t just look good – they perform.
3. Branding & Identity Design Craft a memorable brand that speaks your message loud and clear with stunning logos, color schemes, and brand kits.
4. Search Engine Optimization (SEO) Get found on Google with ethical, effective, and sustainable SEO practices that boost traffic and drive growth.
5. Social Media Management Engage, influence, and grow with curated content and community-driven social media strategies.
6. Performance Marketing Maximize ROI with paid ad strategies across platforms – Meta, Google, LinkedIn, YouTube & more.
💡 Why DigiVert?
✅ End-to-End Digital Services under one roof ✅ Customized Solutions for every industry ✅ Experienced Team of marketers, designers, developers & strategists ✅ Transparent Reporting & Analytics ✅ Result-Oriented Approach – not just vanity metrics
💬 What Our Clients Say
"We saw a 300% increase in website traffic and a significant boost in conversions within 3 months!" – Ritesh Jain, Founder – EduX Solutions
"DigiVert gave our brand a voice. Their social media team is creative, consistent, and results-driven." – Priya Khanna, Owner – The Chic Edit
📊 Industries We Serve
E-commerce
Real Estate
Healthcare
Education & Coaching
Hospitality
Fitness & Wellness
B2B & Tech Startups
🌐 Let’s Go Digital, Together.
If you're ready to build a brand, drive more leads, and grow your business online – DigiVert is ready to lead the way.
📍 Visit: www.digivert.in DigiVert – Digitally Vertical, Strategically Smart. Let’s elevate your brand in the digital world. 🌐✨
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internationalsummit · 2 months ago
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Angel Investors in the UAE: Where Smart Money Meets Startups
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The question remains, how can a startup obtain angel investment in UAE, or how does an angel investor locate potential startups? Well, that’s what we will be covering in this blog! Read until the end for some useful angel investment tips for investors and startups.
Growth of Angel Investment in the UAE Startup Ecosystem The UAE hosts one of the best-developed startup ecosystems, resulting in a conducive environment for startups to flourish and lure international investors and startups. And angel investing is now more accessible and easier due to this.
Government Initiatives The UAE government has been diversifying its economy for decades, particularly by acting on its UAE Vision 2031, which is dedicated to expanding its diversified industries and minimizing the dependency on oil-based products. They have established startup-friendly regulations and tax incentives for investors to encourage angel investment.
For the startup companies, they have launched heterogeneous industry-based free zones to facilitate easy access to resources, assistance, and finance. In addition, foreign businessmen can obtain visas and 100% ownership.
Emergence of Angel investors The diversification of the economy and resources has given rise to more innovative AI, fintech, healthcare, e-commerce, and other startups. These have provided angel investors with the opportunity to diversify their portfolios with lucrative sectors. Some prominent HNIs or individual angel investors in UAE are Dr. Muna Al Qassab, Khaled Al-Ali, Sama Al Habtoor, Ritesh Lalwani, and Marco Quacken.
Recently, the government-sponsored tech start-up ecosystem Hub71 launched the Angel Investor Support Package in Abu Dhabi, providing AED 150,000 incentives to offset the cost of angel investments in Abu Dhabi. It aims to encourage angel investors to invest and work through the legal framework of angel investing in the UAE.
Developing Angel Investor Networks Whether you are a startup in search of angel investment in the UAE or an investor seeking early-stage startups, such networks can assist you in learning and development in the UAE startup ecosystem. The networks of angel investors offer advice and networking for startup funding in the UAE.
Startup Events for Startup Funding in the UAE Startup events, including networking meetups or pitching competitions, offer a highly visible platform for startups and angel investors. It assists startups in getting startup funding, expert advice, market testing, and much more. The events assist investors in discovering emerging markets, promising startups, investing tactics, and advice to maximize their returns. Some of the global startup events in the UAE include the International Investors Summit (IIS), GITEX Future Stars, and Expand North Star.
Best Angel Investor Networks in the UAE
Although there are numerous leading angel investors in the UAE startup ecosystem, it can be challenging to find one who will invest in your startup or mentor you in becoming an investor yourself. Hence, networking with angel investor networks in the UAE allows you to better understand the startup ecosystem. Below are some of the best angel networks in the UAE.
Dubai Angel Investors (DAI) Dubai Angel Investors (DAI) is among the UAE top angel investors network that provides a platform for investors to invest in early-stage technology startups with seed through series A financing.
Womena, the UAE-based angel women’s network, is committed to offering women entrepreneurs to link up and invest in startups and companies in the MENA regions.
Emirates Angels Investors Association A team of young investors started the Emirates Angels Investors Association to enable the investors and startups meet and keep entrepreneurial spirits soaring!
IVY Growth Associates IVY Growth Associates is among the quickest-growing worldwide investor networks committed to building a prosperous ecosystem for investors and startups to develop and connect. They are behind the International Investors Summit (IIS).
Angel Investment Guide for Startups and Investors in the UAE
Securing and providing angel investment in the UAE is complicated. You must look at a couple of things, regardless of whether you are seeking startup funding in the UAE or selecting a startup to invest in. Below are some tips to assist investors and startups in the UAE for angel investing.
Understand market growth potential: Identify the top markets and their growth potential for the coming decade. It helps startups project the market estimates for creating a compelling pitch and investors to evaluate if the startup deal will yield the desired profits.
Scalability of a business model: The key to a successful startup is to create a scalable business model for low expansion costs and higher profits! It helps entrepreneurs attract investors.
Invest in a skilled team: Marrying the original idea with a good, experienced team is what makes a start successful. So, invest in a good team if you are an entrepreneur or an investor.
Prioritize financial projection: Whether you are a start-up or an investor, financial returns should be one of the most important considerations in your pitch and investment. Refine and scrutinize the revenue models, market demand, and financial projections prior to making a decision.
Use your network: Your network is what will bring the right startups and investors and bridge the two! So carefully build your network!
IIS provides a great platform for early-stage startups and angel investors to network, pitch, showcase startups, and stay updated on industry trends in the UAE! We had a super networking event last November 2024, so visit our website for more info!
Conclusion Angel Investing in UAE is the hub of startup growth and increase in startup culture. Government efforts, active angel investment networks, and international startup events have driven angel investing in the UAE. The angel investor networks in UAE, such as the IVY Growth Associates, Dubai Angel Investors, Womena, and Emirates Angels Investors Association, assist angel investors in reaching out to startups in order to get suitable investors and aid them.
Both startups and investors must look out for high-growth markets with excellent financial projections and business scalability. They must utilize networking forums such as the International Investors Summit to close the best investment deals for the growth of the UAE startup ecosystem.
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digitalmore · 4 months ago
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newsliveindia · 4 months ago
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OYO Founder Ritesh Agarwal: "I Personally Clean Hotel Washrooms to Set an Example"
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OYO’s founder and CEO, Ritesh Agarwal, recently shared an unexpected insight into his leadership approach—personally cleaning hotel washrooms to emphasize the importance of hygiene and cleanliness to his staff.
Speaking at Mumbai Tech Week on March 1, Agarwal stated, "I still, sometimes, clean washrooms as a role modeling exercise." His hands-on approach aims to demonstrate that no task is too small when it comes to maintaining hospitality standards.
OYO’s Global Expansion & Agarwal’s Entrepreneurial Mindset
Since its inception in 2013, OYO has expanded rapidly, now offering over a million rooms across 80 countries. Reflecting on his entrepreneurial journey, Agarwal emphasized the need for resilience and humility in business.
Lessons in Entrepreneurship: Overcoming Fear & Arrogance
Agarwal advised aspiring entrepreneurs to "leave fear, embarrassment, pride, and arrogance outside the room", calling them the biggest obstacles to success. He continued, "For some, this is hard to accept because it challenges conventional thinking."
His speech encouraged young entrepreneurs to embrace challenges, accept help, and stay focused on their goals. "Are you allowing me to shine, or are you trying to smear oil on my candles? I know what I am after, and it makes a wide difference."
Key Takeaways from Ritesh Agarwal’s Speech
✅ Lead by Example – No task is beneath a leader. ✅ Stay Humble & Fearless – Drop arrogance and embrace learning. ✅ Redefine Success – Hard work and resilience drive growth.
Agarwal’s journey from a young entrepreneur to a self-made billionaire at 29 continues to inspire the startup community worldwide. 🚀
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topinvestors · 5 months ago
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12 Shark Tank India Judges: Net Worth and Brand Success
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Shark Tank India has taken the entrepreneurial world by storm, inspiring millions of budding entrepreneurs with real-world stories of perseverance, innovation, and success. At the heart of the show are the judges—renowned business magnates who offer not just funding but invaluable mentorship and expertise to startups. This article delves into the net worth, career highlights, and brand success of the 12 judges who have graced the Shark Tank India panel across seasons.
Who Are the Sharks?
The judges of Shark Tank India, also known as “Sharks,” are industry leaders, trailblazers, and game-changers in their respective fields. These entrepreneurs have built empires, transformed industries, and inspired the next generation of innovators.
Through their participation in Shark Tank India, they’ve amplified their personal brands while contributing to the growth of startups across the nation. Their collective experience spans industries like fintech, pharmaceuticals, e-commerce, hospitality, cosmetics, and more.
1. Ashneer Grover: The Fintech Disruptor
Net Worth: ₹1,000+ Crores
Founder of: BharatPe
Ashneer Grover, known for his sharp business acumen and straightforward demeanor, is one of the most prominent faces from Shark Tank India. As the co-founder of BharatPe, Ashneer disrupted India’s fintech sector by simplifying digital payments for merchants.
Brand Success
BharatPe has revolutionized merchant banking with QR-based UPI payments.
Grover’s investment portfolio includes technology startups and businesses that leverage innovation for scalability.
2. Namita Thapar: The Healthcare Visionary
Net Worth: ₹700+ Crores
Executive Director of: Emcure Pharmaceuticals
Namita Thapar is a stalwart in the healthcare sector. She combines her pharmaceutical expertise with a passion for mentoring startups that focus on sustainable growth.
Brand Success
Emcure Pharmaceuticals ranks among India’s top pharmaceutical companies.
Thapar champions health-tech startups and businesses emphasizing wellness and accessibility.
3. Peyush Bansal: The Eyewear Innovator
Net Worth: ₹600+ Crores
Co-Founder of: Lenskart
Peyush Bansal redefined the way Indians shop for eyewear by combining technology with convenience. His vision for customer-centric solutions has made Lenskart a household name.
Brand Success
Lenskart is valued at over $2.5 billion, making it a unicorn in the retail sector.
Bansal actively invests in startups that leverage technology to solve everyday problems.
4. Vineeta Singh: The D2C Queen
Net Worth: ₹300+ Crores
Co-Founder and CEO of: Sugar Cosmetics
Vineeta Singh is a pioneer in the direct-to-consumer (D2C) space. Her journey from an IIM graduate to the CEO of a successful cosmetics brand reflects her entrepreneurial grit.
Brand Success
Sugar Cosmetics is valued at ₹1,200+ Crores and continues to grow its presence in India and beyond.
Singh invests in startups targeting millennial and Gen Z consumers.
5. Anupam Mittal: The Matrimony Mogul
Net Worth: ₹1,200+ Crores
Founder of: Shaadi.com
Anupam Mittal is best known as the founder of Shaadi.com, India’s leading matrimonial platform. With ventures spanning technology, real estate, and Bollywood, he’s a versatile entrepreneur.
Brand Success
Shaadi.com is a market leader in the online matchmaking industry.
Mittal invests in diverse sectors, including SaaS, social media, and consumer tech.
6. Aman Gupta: The Audio King
Net Worth: ₹700+ Crores
Co-Founder of: boAt
Aman Gupta revolutionized the audio industry in India with boAt, a lifestyle-focused electronics brand. His marketing strategies and brand positioning have made boAt a favorite among youth.
Brand Success
boAt holds a 40%+ market share in the Indian wearables and audio market.
Gupta’s investments span consumer tech and lifestyle brands.
7. Ritesh Agarwal: The Hospitality Innovator
Net Worth: ₹5,500+ Crores
Founder of: OYO Rooms
Ritesh Agarwal’s journey from a small-town entrepreneur to the founder of a global hospitality brand is nothing short of inspirational.
Brand Success
OYO operates in 80+ countries and is valued at over $8 billion.
Agarwal supports startups focusing on tech-enabled solutions for traditional industries.
8. Ghazal Alagh: The Skincare Specialist
Net Worth: ₹150+ Crores
Co-Founder of: MamaEarth
Ghazal Alagh is a champion of sustainable and toxin-free skincare products. MamaEarth’s rise in the D2C space has made her a celebrated entrepreneur.
Brand Success
MamaEarth has a valuation of over ₹1,000 Crores and a loyal customer base.
Alagh invests in eco-friendly and health-focused startups.
9. Aman Preet Singh Walia: The EdTech Enthusiast
Net Worth: ₹400+ Crores
Founder of: EducationTech Labs
Aman Preet Singh Walia is a leader in India’s growing edtech sector. His focus on accessible and quality education has made him a trusted name in the industry.
Brand Success
EducationTech Labs empowers students through innovative learning solutions.
Walia invests in AI-driven educational platforms.
10. Kunal Shah: The Payment Pioneer
Net Worth: ₹4,000+ Crores
Founder of: CRED
Kunal Shah’s fintech venture CRED has redefined financial management for India’s affluent population. His deep understanding of consumer behavior is evident in his success.
Brand Success
CRED is valued at $6.4 billion and continues to grow rapidly.
Shah’s investments focus on consumer tech and financial services.
11. Arjun Vaidya: The Ayurveda Advocate
Net Worth: ₹100+ Crores
Founder of: Dr. Vaidya’s
Arjun Vaidya is reviving India’s Ayurvedic heritage through modern branding and innovation.
Brand Success
Dr. Vaidya’s has a global presence and a growing customer base.
Vaidya invests in wellness and Ayurveda-based startups.
12. Divya Gokulnath: The Education Visionary
Net Worth: ₹2,000+ Crores
Co-Founder of: BYJU’S
Divya Gokulnath is at the forefront of India’s edtech revolution. Her contributions to BYJU’S have made it a global leader in education technology.
Brand Success
BYJU’S is valued at over $22 billion and serves millions of students worldwide.
Gokulnath supports startups focusing on innovation in learning and teaching methods.
What Makes the Sharks Unique?
The judges of Shark Tank India bring a mix of expertise, charisma, and vision to the table. Each shark evaluates pitches based on their strengths, industry insights, and ability to spot potential in business ideas.
Key Factors They Look For
Scalability and Market Demand
Innovation and Uniqueness
Financial Viability
Entrepreneurial Passion
Shark Tank India’s Impact on Startups and Beyond
The show has catalyzed the startup ecosystem in India, inspiring countless individuals to pursue entrepreneurship. By connecting visionaries with experienced mentors, it bridges the gap between ideas and execution.
Contributions to the Economy
Job Creation
Innovation and Disruption
Empowerment of Youth and Women Entrepreneurs
Conclusion
The 12 judges of Shark Tank India are not just investors—they are visionaries shaping the future of India’s entrepreneurial landscape. Their collective success stories, diverse expertise, and mentorship continue to inspire and uplift entrepreneurs across the nation.
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investorocean0007 · 7 months ago
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How Ritesh Agarwal Saved OYO - The Shocking Comeback of OYO |How Ritesh Become Youngest Billionaire
A Revolution in the Hospitality Industry
Introduction OYO Rooms, commonly referred to as OYO, has revolutionized the hospitality industry by redefining budget accommodations globally. Established in 2013 by Ritesh Agarwal in India, OYO began as a simple aggregator of budget hotels and evolved into a tech-driven hospitality brand, offering standardized and affordable stays. This essay explores the origins, business model, impact, and challenges faced by OYO.
Origins and Growth Ritesh Agarwal, inspired by his own travel experiences and the inconsistent quality of budget accommodations, founded OYO with a vision to create affordable, standardized, and easily accessible hotel rooms. Starting with one hotel in Gurgaon, the company rapidly expanded across India and entered international markets such as China, the US, Europe, and Southeast Asia.
OYO leveraged technology to streamline hotel bookings and standardize services like Wi-Fi, air conditioning, and cleanliness. Its unique value proposition of affordable comfort appealed to millennials, budget travelers, and business professionals alike.
Business Model OYO operates on a franchise and lease model. It partners with small hotels, providing them with branding, training, and operational support while ensuring compliance with OYO’s quality standards. In return, OYO earns a percentage of the revenue generated by these hotels.
The use of data analytics and artificial intelligence has allowed OYO to optimize pricing, predict customer preferences, and enhance operational efficiency. Its app and website make the booking process seamless, contributing to its popularity.
Impact on the Hospitality Industry OYO disrupted the hospitality market by empowering small hotel owners and creating a level playing field. It bridged the gap between luxury and budget accommodations, giving travelers access to quality stays at reasonable prices. Furthermore, it contributed to job creation, directly and indirectly, through its extensive network.
OYO’s model encouraged innovation in the sector, forcing competitors to improve services and embrace technology. It also played a crucial role in promoting domestic and international tourism.
Challenges and Criticism Despite its success, OYO has faced challenges. Rapid expansion led to operational inefficiencies, customer complaints about inconsistent services, and strained relationships with hotel partners. Additionally, the COVID-19 pandemic severely impacted the travel and hospitality industry, forcing OYO to downsize and rethink its strategies.
Critics have also pointed out issues related to high commissions charged to hotel partners, aggressive marketing tactics, and an overemphasis on growth at the expense of sustainability.
Future Prospects OYO’s ability to adapt and innovate will determine its future. By focusing on sustainable growth, improving customer and partner relationships, and leveraging technology, OYO can consolidate its position as a leader in the budget hospitality segment. Expanding its offerings, such as long-term stays and co-living spaces, could also open new avenues for growth.
Conclusion OYO is a remarkable example of entrepreneurial vision and innovation. It has transformed the way people experience budget travel, making quality accommodations accessible to millions. While challenges persist, OYO’s resilience and adaptability position it as a major player in the global hospitality industry.
4o
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ngofundraising · 9 months ago
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How OYO turn profitable in india
In the bustling world of hospitality, few names have made as significant an impact as OYO. What started as a humble venture has transformed into one of India's most recognized brands in budget accommodations. With its innovative approach to hotel management and a tech-driven model, OYO Rooms has navigated through various challenges, including market fluctuations and fierce competition.
But what truly sets this company apart? How did it manage to turn profitable after years of aggressive expansion? And why did it choose to skip the much-anticipated IPO? These questions pique curiosity not just among industry insiders but also aspiring entrepreneurs looking for lessons from a successful startup journey.
Join us as we delve into the fascinating history of OYO, explore its path towards profitability in FY 2024, and uncover valuable insights that can inspire future business endeavors. Whether you're interested in digital fundraising strategies or simply want to learn more about successful startups, there's plenty here for everyone.
History of OYO
OYO was founded in 2013 by Ritesh Agarwal, a young entrepreneur with a vision to transform the budget hotel sector in India. Initially, it started as Oravel Stays, aimed at helping travelers find affordable accommodations. Soon after, Ritesh pivoted to rebrand the venture as OYO Rooms.
Key innovations included standardizing room quality and creating a seamless booking experience through technology. This approach quickly gained traction among customers seeking reliable lodging options at reasonable rates.
The company expanded rapidly across India and ventured into international markets like China, Malaysia, and Europe. With aggressive marketing strategies and digital fundraising efforts from various investors, OYO became one of the largest hotel chains worldwide.
However, its journey hasn't been without challenges. Competition intensified while maintaining consistent service quality proved difficult amid rapid growth—a balancing act that would shape its future trajectory significantly.
Why OYO skipped its IPO
OYO's decision to skip its IPO was strategic and multifaceted. The hospitality industry faced significant challenges, especially post-pandemic. Investors became cautious, prompting OYO to reassess its timing.
Market conditions were volatile. Many potential investors were looking for stability rather than risk during uncertain times. A public offering might not have reflected the true value of OYO Hospitality at that moment.
Additionally, the company focused on strengthening its core operations over expanding through public markets. With digital fundraising options available, OYO prioritized flexible funding avenues that could adapt to their immediate needs.
By delaying an IPO, they also aimed to fine-tune their business model further, ensuring robust profitability metrics before making such a significant leap into public trading. This calculated approach highlights OYO's intent to create lasting value rather than seeking quick financial gains from stock market exposure.
How OYO turns profitable in FY 2024 and its future prospect
OYO Hospitality has made significant strides toward profitability in FY 2024, showcasing a robust business model that adapts to market demands. The company focused on optimizing its operations and reducing costs while enhancing customer experience.
With the rise of digital fundraising strategies, OYO leveraged innovative funding solutions to strengthen its financial position. Collaborating with experienced fundraising consultants helped them navigate complex investment landscapes effectively.
The hospitality sector is evolving rapidly, and OYO's agility allows it to seize new opportunities. Their expansion into tier-2 and tier-3 cities has opened doors for increased occupancy rates and revenue streams.
Looking ahead, OYO aims to diversify its offerings beyond traditional hotel rooms. This strategic pivot positions them well within the competitive landscape of travel and hospitality services.
Things to learn for from OYO
OYO's journey provides several valuable lessons for aspiring entrepreneurs and startups looking to make their mark in the hospitality sector.
First, adaptability is key. OYO transformed its business model multiple times in response to market needs, showcasing a willingness to pivot when necessary. This flexibility allowed them to innovate and stay relevant.
Second, leveraging technology can drive significant growth. OYO effectively utilized digital solutions for booking management, customer engagement, and data analysis. Investing in tech not only streamlines operations but also enhances user experience.
Third, understanding your audience matters immensely. OYO focused on providing affordable and quality accommodations tailored to budget travelers—a segment often overlooked by larger players in the industry.
Next comes the importance of strategic partnerships. Collaborations with property owners helped scale the brand quickly while reducing risks associated with owning real estate directly.
Fundraising strategies play a crucial role for any startup aiming for rapid expansion. Digital fundraising methods have proven effective for numerous companies like OYO that seek financial backing without traditional barriers.
These insights underscore how dynamic thinking combined with modern approaches can lead any venture toward success—even within competitive markets like hospitality.
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altiusinvestech · 10 months ago
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Is Investing in Oyo Unlisted Shares Worth It? An In-depth Analysis
Introduction
Founded by Ritesh Agarwal in 2013, OYO has expanded quickly into being one of the world’s largest and most recognized brands of hospitality. It specializes in providing reliable, affordable accommodations by partnering with homeowners and small hotels. OYO has grown its footprint to over 35 nations. With its recent strategic pivots and financial improvements, many investors eye OYO’s unlisted shares. The blog delves into how investing in the shares remains worth it, as per market trends and current data.
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Financial Performance and Strategic Considerations
OYO’s financial trajectory has shown notable improvements in recent years. In 2023, there was a reported revenue increase of Rs 5464 Crores, a rise from Rs 4781 Crores as recorded in the year 2022. IPO-bound OYO reports EBITDA of Rs 56 crore in Q2. The adjusted EBITDA turned positive, where it reached Rs 277 Crores from a negative Rs 471 Crores in the previous year. OYO achieved a positive cash flow in 2023 with a surplus of Rs 90 Crores, indicating robust operational efficiency.
The organization’s strategic focus has shifted to sustainable growth from rapid expansion. Primary moves involve exiting the non-core markets, focusing on profitable partnerships, and renegotiating loans. The changes have been productive, as evidenced by the positive cash flow and improved EBITDA.
The price of Oyo Unlisted Shares is Rs 49. You can buy the shares from Altius Investech.
Growth Potential
OYO’s growth potential is underscored by its strategic pivots and financial prudence. The company has maintained profitability for the last eight quarters and is expected to continue this trend. The rebound in travel demand post-COVID-19 has also contributed to revenue growth, particularly in key markets like Europe and India. Additionally, OYO's refiled IPO prospectus and plans to use proceeds for debt repayment signal a positive future trajectory​.
Valuation and Market Position
OYO’s valuation has seen considerable fluctuations. Once valued at $9 Billion, it is seeking new funding at a valuation of $2.3 Billion. 
The decline reflects the market’s reassessment of hospitality and tech stocks, and more so after the pandemic. Despite this, OYO remains a dominant player in the hospitality sector, having a market cap of about Rs 21,960 Crores as well as extensive global operations.
Risks and Considerations
Levying investments in unlisted shares comes with potential risks. OYO's high debt-equity ratio of 5:1  indicates significant leverage, which could impose financial difficulties. The company’s decision to withdraw its IPO filings twice raises questions about valuation stability and market readiness. Investors must weigh these risks against the potential for high returns as OYO continues to streamline operations and expand its market reach.
Final Thoughts
Investing in OYO's unlisted shares presents a mixed bag of opportunities and risks. The company has shown remarkable financial improvement and strategic acumen, positioning itself well for future growth.
However, the high leverage and recent valuation adjustments warrant cautious optimism. Prospective investors should conduct thorough due diligence and consider the broader market conditions before making an investment decision.
Platforms like Altius Investech, which specialize in trading unlisted shares, provide a viable avenue for such investments. Given the financial strides OYO has made and its strategic focus on profitability, investing in its unlisted shares could be promising for those willing to take on higher risk for potential high returns.
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hariramrinwa23 · 11 months ago
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From Struggles to Success: Real-Life Entrepreneurial Success Stories
Entrepreneurship is a journey marked by ups and downs, triumphs and trials. The path to success is often paved with struggles, but the stories of those who have persevered serve as powerful reminders that resilience and innovation can lead to remarkable achievements. In this blog, we delve into inspiring entrepreneurial success stories that highlight how overcoming obstacles can lead to unparalleled success.
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The Power of Persistence: Real-Life Entrepreneurial Success Stories
Entrepreneurial success stories are not just about financial gains; they are about the journey of turning adversity into opportunity. These stories often begin with challenges that seem insurmountable but end with triumphs that redefine the concept of success.
1. Sandeep Maheshwari: From Rejections to Revolution
Sandeep Maheshwari, the founder of ImagesBazaar, is a testament to the power of persistence. Early in his career, Maheshwari faced numerous rejections while attempting to launch his business. Despite the setbacks, he continued to innovate and eventually established ImagesBazaar as the largest collection of Indian images. His journey from being a struggling entrepreneur to a successful business leader illustrates the essence of entrepreneurial success stories—never giving up on your vision.
2. Ritesh Agarwal: Transforming the Hospitality Industry
Ritesh Agarwal, the founder of OYO Rooms, is another remarkable example of entrepreneurial success. Starting with just a handful of rooms, Agarwal faced numerous obstacles in the competitive hospitality sector. His innovative approach to standardizing and digitizing hotel bookings transformed the industry. Today, OYO Rooms is a global name, showcasing how a relentless pursuit of improvement and adaptation can lead to monumental success.
3. Kiran Mazumdar-Shaw: Pioneering Biotech Innovations
Kiran Mazumdar-Shaw’s entrepreneurial success story is one of resilience and vision. As the founder of Biocon Limited, Shaw ventured into the biotechnology sector at a time when it was largely uncharted in India. Facing skepticism and financial constraints, she remained focused on her mission to provide affordable healthcare solutions. Her unwavering commitment has made Biocon a leading biotech firm globally, demonstrating how visionary leadership and perseverance can drive success.
4. Narayana Murthy: Building a Tech Giant
Narayana Murthy, co-founder of Infosys, embarked on his entrepreneurial journey with a dream of creating a world-class IT services company. Despite initial struggles with funding and market acceptance, Murthy’s strategic vision and dedication turned Infosys into a global technology powerhouse. His story exemplifies how strategic planning and relentless effort can lead to extraordinary entrepreneurial success.
Key Takeaways from Entrepreneurial Success Stories
1. Embrace Challenges:  Every successful entrepreneur faces challenges. What sets them apart is their ability to embrace these challenges as opportunities for growth.
2. Stay Persistent: Persistence is crucial. The path to success is rarely smooth, but staying committed to your goals can help you overcome obstacles and achieve your vision.
3. Innovate Continuously: Innovation is often the key to overcoming hurdles and staying ahead in competitive markets. Successful entrepreneurs constantly seek new solutions and adapt to changing circumstances.
4. Learn from Failures: Failure is not the end but a stepping stone to success. Learning from mistakes and using them to improve your approach can be incredibly valuable.
Conclusion
Entrepreneurial success stories are more than just accounts of financial success—they are about overcoming adversity, embracing innovation, and demonstrating relentless perseverance. The journeys of individuals like Sandeep Maheshwari, Ritesh Agarwal, Kiran Mazumdar-Shaw, and Narayana Murthy offer valuable lessons for aspiring entrepreneurs. Their stories remind us that while the road to success may be fraught with challenges, the rewards of persistence and innovation can be truly transformative.
For those seeking inspiration on their entrepreneurial journey, these real-life success stories serve as a beacon of hope and a testament to the incredible potential of perseverance and creativity.
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arya-college-jaipur · 1 year ago
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From classroom to boardroom success stories of B tech graduates
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The transition from the classroom to the boardroom for B.Tech graduates has been exemplified by various success stories. One such example is Cynthia Baldacchini, who shifted from teaching various sciences and tech courses to grades K-6 to a fulfilling role in curriculum development within the EdTech company CodeHS. Her journey showcases how skills acquired in the classroom can be effectively applied in corporate settings. Additionally, the education technology sector has seen graduates moving from teaching to successful roles in companies like Schoology, which focuses on learning platforms. This shift highlights the opportunities for B.Tech graduates to leverage their educational background in technology and education to excel in corporate environments.
What are some examples of successful b tech graduates in the boardroom?
Some successful examples of B.Tech graduates who have excelled in the boardroom include Cynthia Baldacchini, who transitioned from teaching to a role in curriculum development at CodeHS. Additionally, individuals like Sundar Pichai, the CEO of Google and Alphabet, who holds BCA + MCA credentials, and Ritesh Agarwal, the founder of OYO Rooms, started their successful journeys post-BCA and MCA education. These individuals have demonstrated how a solid educational foundation in B.Tech-related fields can pave the way for leadership roles in the corporate world.
How can b tech graduates leverage their technical skills in the boardroom
B.Tech graduates can leverage their technical skills in the boardroom by focusing on practical experience, staying updated with industry trends, and honing essential soft skills. Building a strong foundation of technical knowledge through hands-on projects, internships, and work experience is crucial. Additionally, staying abreast of industry trends and technologies is essential to remain competitive in the job market. Moreover, developing soft skills like communication, problem-solving, teamwork, time management, and flexibility is equally important for success in the boardroom. By combining technical expertise with these soft skills, B.Tech graduates can effectively navigate the boardroom environment and excel in leadership roles.
How can b tech graduates develop their soft skills to succeed in the boardroom
The Best BTech College of Jaipur Arya College of Engineering & I.T. has many B. Tech graduates who developed their soft skills to succeed in the boardroom by focusing on honing essential interpersonal attributes that enhance their professional interactions. Soft skills, also known as people skills or emotional intelligence, play a crucial role in fostering positive relationships with colleagues, clients, and other professional contact. To excel in the boardroom, B.Tech graduates should work on improving skills such as communication effectiveness, teamwork, problem-solving, negotiation, conflict resolution, and the ability to work under pressure. Additionally, active listening, respect for others, and maintaining focus on goals are key soft skills that can contribute to success in corporate environments. By recognizing the importance of soft skills and actively working on developing them through self-reflection, mentorship, training programs, and positive mindset changes, B.Tech graduates can enhance their ability to navigate the complexities of the boardroom effectively
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the-cash-cow · 1 year ago
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NBFCs and the Machine Learning Revolution in Credit Evaluations
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In the fast-paced world of finance, where algorithms and data reign supreme, Non-Banking Financial Companies (NBFCs) are embracing the machine learning revolution to redefine the way credit evaluations are conducted. This technological shift brings efficiency, accuracy, and a whole new dimension to the lending landscape.
The Evolution of Credit Evaluation
Traditionally, credit evaluations relied heavily on historical financial data, collateral, and credit scores. However, with the advent of machine learning, NBFCs are tapping into the power of predictive analytics. These algorithms analyze vast amounts of data, going beyond the surface to consider various factors that impact an individual's creditworthiness.
Precision in Risk Assessment
Machine learning models can assess risk with unprecedented precision. By examining an individual's spending patterns, repayment history, and even social media behavior, these algorithms create a comprehensive profile. This allows NBFCs to tailor their offerings, ensuring that borrowers are matched with loan products that align with their financial capabilities.
As pointed out by Abhay Bhutada, MD of Poonawalla Fincorp, NBFCs possess the ability to improve credit evaluations by integrating diverse alternative data sources, including tax invoices, device details, and transaction records. This empowers them to assess the creditworthiness of individuals more comprehensively, gaining a deeper insight into the risk of delinquency.
Real-time Decision Making
Gone are the days of waiting anxiously for loan approvals. Machine learning enables NBFCs to make real-time decisions. The algorithms process information swiftly, providing borrowers with quick feedback on their applications. This not only enhances customer experience but also allows for more dynamic and responsive lending practices.
Also Read: Unveiling the Tech Revolution: NBFCs' Role in Financial Inclusion
Personalization in Lending
One size doesn't fit all, and NBFCs are recognizing this with machine learning. The algorithms analyze individual preferences, spending habits, and financial goals to offer personalized loan options. This not only increases the likelihood of loan approval but also ensures that borrowers are comfortable with the terms and conditions.
Fraud Detection and Prevention
In the financial world, security is paramount. Machine learning algorithms are proving to be highly effective in detecting and preventing fraudulent activities. By continuously monitoring transactions and identifying unusual patterns, NBFCs can safeguard both their interests and those of the borrowers.
Challenges and Ethical Considerations
While the machine learning revolution brings a myriad of benefits, it's not without its challenges. Ethical considerations regarding data privacy and algorithmic biases are crucial. NBFCs must tread carefully, ensuring that the use of technology is transparent and fair.
The Future of Credit Evaluations
As machine learning continues to evolve, so does its impact on credit evaluations. The future holds the promise of even more sophisticated algorithms, capable of assessing non-traditional data points and providing an even clearer picture of an individual's creditworthiness.
Also Read: Unveiling the Traits of Non-Collateral NBFC Services
Conclusion
In the realm of NBFCs, the integration of machine learning in credit evaluations is a game-changer. It not only streamlines the lending process but also ensures that borrowers are treated as individuals with unique financial profiles. Ritesh Pai, the Chief Digital Officer has highlighted the transformative impact of machine learning on the financial sector, emphasizing its role in revolutionizing credit assessments and enhancing the overall efficiency of NBFCs. As we step into this era of innovation, the future looks bright for both lenders and borrowers alike.
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metamarketing-es · 2 years ago
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Shark Ritesh Agarwal Shares How ‘Word Of Mouth’ Marketing Helped OYO Take Off
https://in.mashable.com/tech/63974/shark-ritesh-agarwal-shares-how-word-of-mouth-marketing-helped-oyo-take-off?utm_source=dlvr.it&utm_medium=tumblr
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