Kunal Bahl is an Indian entrepreneur and co-founder and CEO of the e-commerce platform, Snapdeal. If there is a desire to do something great in life, every difficulty and obstacle in the path of success becomes easy to tackle. This quote fits perfectly with the experience and struggle of Kunal Bahl, founder, and CEO of Snapdeal, who has gained special recognition in the field of Indian e-commerce segment. Kunal, who once worked for a monthly salary of Rs 6550 in a private company, is now the source of livelihood for more than two thousand employees across the country. His elder…
Author: Harsh Verma
Many people find a solution to overcome their problems, which not only prove beneficial for them but help others and make them super-rich. If we talk about successful startup companies in Bangalore, RedBus is quite a familiar name. With almost 600+ employees and headquarters in Bangalore, Redbus has emerged as the most successful startup for online travel booking for buses. A boy who had a small problem resolved it in such a way that it not only benefited people but also earned millions from him. We are talking about Phanindra Sharma, who has studied in BITS Pilani, started RedBus.in with…
Even in this period of pandemic crisis, the online education startups can get fresh fundings, and one such case is Byjus. Everyone must have seen the advert of this online education platform where it’s brand ambassador Shahrukh Khan could be seen praising it. Byju Raveendran, who had completed his early education from a small village, turned a coaching class into a company with monthly revenue in millions of dollars and have made it India’s largest ed-tech company. The Indian online education-related company Byjus in fresh funding has raised $ 500 million (about Rs 3,672 crore) in the new round, which…
The central government of India has done another digital strike on Chinese applications amid the long-running tension between the India-China border. The government of India has banned 118 mobile apps, including the worldwide popular gaming app PUBG. In such a condition, soon the Android and iOS users will not be able to play PUBG games on mobile. The IT ministry of India stated that these apps are sending information and data stolen from India by unauthorized ways. These apps are stealing users’ data and making it illegal to reach their servers outside India. However, these games can still be played…
In India, several e-commerce companies are emerging and creating a significant impact on the Indian market and consumers. Now, the Tata group is preparing to launch its own Super App to compete with companies like Amazon, Flipkart and Reliance in the retail e-commerce segment. Tata plans to provide people from retail to electronics, cosmetics, fashion and financial facilities on a single platform through Super App. According to the experts, this app will get launched by December 2020. Tata is one such company in the country, whose presence is in almost every sector including automobile, apparel, eCommerce, raw materials like steel…
Japan Prime Minister Shinzo Abe has announced his resignation from the position of Prime Minister. Shinzo has been suffering from the intestinal disease for a long time and has stated that he does not want poor health to affect the work. He has held the post of the longest consecutive prime minister in Japan’s history so far and has now decided to resign due to health reasons as his health is fading every day. The 65-year-old Prime minister announced in a press conference, “If I cannot take good decisions for the public, then I do not have the right to…
Schools, colleges, educational institutions are shut all over India due to the Coronavirus epidemic. Students are resorting to other means of gaining education by adopting online learning; as a result, there is a big boom in the online education sector. New, as well as well established education tech startups in India, are taking advantage of this transition. In just four months, 13 education startups have raised Rs 71000 crore from investors. Byjus, Vedantu and Unacademy have made several acquisitions in 2020. Byjus acquired code training app WhiteHat Jr. for $ 300 million, which is the fifth acquisition by the company.…
Amazon Pay, the payment services feature from of e-commerce giant Amazon India, has launched an extraordinary service for customers. The new feature named ‘Gold Vault’ offers customers to purchase digital gold. According to the information given on Amazon’s website, customers can buy gold worth of even 5 rupees with this feature. Given this added feature, an Amazon spokesperson stated, ‘We believe in innovating on behalf of our users to create new experiences for them. We are continually evaluating new areas and opportunities to engage with our customers and provide more facilities for them.’ Amazon Pay has partnered with SafeGold…
The National Company Law Tribunal (NCLT) has directed the bankruptcy process against Anil Ambani, chairman of Reliance Communications, to recover Rs 1,200 crore under the Personal Guarantee Section of the Insolvency Act. In January 2017, loan accounts of RCom and Reliance Telecom Infrastructure Ltd defaulted. Both these accounts were considered default from August 2016. In March 2020, the SBI Board introduced a solution plan for RCom, in which it was stated that banks would recover Rs 23,000 crore while giving a rebate of around 50 per cent but it didn’t work ours for Reliance. In August 2016, Anil Ambani gave…
Apple has become the first publicly listed company in the USA, with a market valuation of over two trillion dollars. This significant increase in the market valuation of Apple Inc got achieved due to the rise in the company’s shares on Wall Street. Apple manufactures many luxury products, including the iPhone and iPad, which are in high demand. Apple’s iPhone 11 launched last year has been a trendy phone. Apple was founded by the late Steve Jobs in 1976 to sell personal computers and now has a market cap of $ 2 trillion. This amount is slightly more than half…