1 "TAKE NO AS A QUESTION "

Tuesday 28 October 2014

How does a startup life look like from the perspective of an entrepreneur’s better half?


How does a startup life look like from the perspective of an entrepreneur’s better half?


Editor’s note: An entrepreneur’s life is not easy. It is a long grinding journey full of turmoil. Personal relationships often take a bashing and it is important to have an understanding partner to keep the boat sailing. Here is a perspective of a entrepreneur’s better half on the whole situation. Names have not been disclosed on request and the post works both ways. 
otherhalfAn entrepreneur would never ask his or her other half before starting of a new journey after reaching a goal. He (or she) would wake up with an idea in his mind or it would come to him at any given point of time. With that moment, he starts on this journey of following the (new) call. As a life partner, you are not involved most of the times in this sparking moments and you don’t usually have a say. That would be against the nature of a free-spirited entrepreneur. Ideas come at any given point of time and no one would know which idea would be followed next. Often, without even knowing, you would find yourself in the first steps of the journey and then realize. When it is revealed, your intuition most of the times would have already told you. In the end, you know him better than he knows himself.
Once the next step is clear, he automatically starts the engine that is required to get on the road to make this ‘one thing’ happen. You would see the person nights over nights thinking, making notes, calling people, running into endless rounds of discussions in coffee shops around the city. Joining meet-ups of every form to figure out the right people who can contribute or support him on this journey.
If a relationship wasn’t already hard work, then you have no idea of the chaos that you get into with an entrepreneur. He’s always on the go, always in the hurry to finish a task, to do one more call, answer one more email.
There are times when he won’t talk, his mind and attention would be so fully occupied that he would hardly notice anything else. He would not switch off the laptop in the night and run out without breakfast as the next meeting is already waiting for him. When starting a company, there is a lot that needs to be paid attention to. You would have had no idea unless you’ve been on that journey alongside. You even start picking up tasks in case your background allows you to help. It’s some times nice to have experience in a different field, it brings a new perspective. Through living with him (or her), you start breathing his ideas too and you will develop a valid opinion too. Anyways, you’ll end up falling in love with the idea and will make them your own. The journey becomes yours in a very different way. You’ll learn more about life and yourself than you could have imagined before.
He will use long weekends to finish pending tasks, while you may want to have a long drive holding hands and dreaming in the middle of nowhere. You’ll have to show understanding on each and every level and I mean every – business, friends, family, team, investors and the person. He won’t ask you to pick up this task, nor he would go without you, it’s just that his mind is always working on something else. There are times when your patience will be stretched beyond limits without the other person even recognising it. The only advice I can give you, go on with your life and your love. The other person won’t know it maybe during the journey or in specific moments, but he or she needs your support. No matter how many people praise their efforts and no matter who gives them a kudos for the idea, it’s always your support that means the most. You’re the one who reminds him of his overall goal.
And if we were to talk about qualities, you’ve to learn to listen more than you talk. Because he or she is the one who will keep talking, improving presentation skills, talking out loud all the ideas, brainstorming, repeating meetings minutes and to do list, listing out all the hiring challenges and client queries.
I could go on and on… In the end one thing is for sure, all entrepreneurs are workaholics and they stay it throughout their lives. They work so much that it doesn’t feel like work. It feels like who they are and what they do. They feel alive when they work. If you don’t buy into that part your life together won’t end up very happy. But what you can do and have to do, because s/he won’t see it, is to help understand that life doesn’t only happen in front of the laptop or when you check another ‘to do’ off the list. There are moments that will give him strength that won’t happen in his office. You remind him that it’s great to have goals, but they are the details. Your vision is the ultimate dream and you help him keep dreaming. Always keep dreaming together.
All said and done, the entrepreneurial journey works out better with you on board. S/he needs a net under him, (believe me they will find it out or he knows it already) and perhaps the only one who can ever provide that is a wife.






You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


When should a B2B company start with Sales and Marketing a new product?

When should a B2B company start with Sales and Marketing a new product?


This article is a follow up on the previous article about when and how to scale a B2B enterprise internationally?
Software startups are mostly started by Engineering Folks! There I said it. I can see hands raising.
Iteratively the product gets into shape and you start wondering “When should I start thinking about Sales and Marketing?”. Well my friend, if this is where you are then you are already a little late.
thinking
At the conceptualization stage itself some work needs to go around the segment to who you would like to sell to, and how you will sell in that segment. I know you believe that your product can fit in multiple scenarios, it’s a game changer, it’s a platform on which everything else would be built… “Hold On!” By thinking of so many things at the same time, chances of getting one right is miniscule.
Lets take an example, Assume you have designed a CRM which makes sense :) [They really don’t]. Now instead of saying I have a CRM, lets focus on one process; say sales.  Good, can we further classify it into B2B Sales / B2C sales and even further trim it down to the industry vertical(s).
With this you will be able to think about real problems in that domain, rather than just creating another CRM. This thought pertains to product management, but we will get there some other day.
So the marketing has to kick in and figure out in the segment of choice the channels to reach that market. Channels could be:
  1. Online Try and Buy
  2. Inside-Sales / Field Sales combination
  3. Channel partners
  4. Riding an existing ecosystem (Like SFDC)
Once you have figured out the channels that you would like to explore, the teams that you need to build becomes clearer. It also becomes important at this stage to estimate what would be CAC (Cost of acquisition) of your customer of each channel. Rough estimates would do. Once you have made these estimates, this becomes your business model and now you just need to keep working on your model to prove that it works.
The day this can be proven, you can scale.
So Marketing kicks in the day you started thinking ‘product’, what about Sales? If in the founding team you do not have someone with sales experience [Our team at Drishti was like that], then I would advise you to have an early member who can contribute to both sales and marketing and can be a long term member. Of-course you being the founder would need to be selling for a long time (It never stops), but a formal Sales experience is very very valuable.
So once your product comes to a stage where you have early adopters you should hire sales teams to validate your model. At this stage fail fast is good to do quick experiments and; just make sure that your model is getting validated.
One of my recent learnings has been around Content. It is extremely important to get a content team in place if you plan to sell online. The old school SEO PPC just doesn’t cut it. An experiment I conducted on LinkedIn sponsored content worth 24 dollars was on same blog content but with two different titles:
A.   Outbound Sales | Dial More to Sell more? | Intelligent Recycle strategies
Vs
B.   Retry strategies for your b2c predictive-dialer campaign
A got 2 hits from about 100 impressions and B 0 hits from 1300 impressions! It took me two days to get to the title A.
So, in conclusion if you can get a Sales Marketing Specialist in your choice of Channels, get him/her on board the day you can find one. It will tremendously reduce your revenue cycle. If the funds become a constraint, then do your segmentation first, get your early adopters and immediately start experimenting with your channels, build quick experiments (outsourcing helps) and validate your model. The day your model is validated, hire the best Sales person on the planet for your choice of channel. Raise money if you need to, but don’t stay in the loop of selling yourself for very long. You would not scale that way.
Happy Hunting!







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


The LimeRoad Story – What it takes to build India’s largest discovery platform for style

The LimeRoad Story – What it takes to build India’s largest discovery platform for style


LimeRoad.com is a women-only, managed marketplace with a zero inventory model, showcasing over 750 big & small brands and 25,00,000+ user generated fashion looks. At present, 20% of the world’s lifestyle products are manufactured in India, and LimeRoad is on a mission to conquer this market by making its discovery easy by a socially-architected approach.
LimeRoad is making a mark in the social commerce space in India and it has been a journey full of excitement, hard work and conviction. In a deep dive YourStory’s fireside chat with the Suchi and Avnish, let’s find out what it takes to build India’s largest discovery platform for style and what can we learn from the experiences of this founder-investor duo.
Suchi Mukherjee, Founder & CEO, LimeRoad, says “we are revolutionizing the way lifestyle products are discovered and ultimately bought online in India and are delighted to work with investor partners who share our hunger for winning and are supporters of our disruptive model to get there.” With a strong base in technology led by Prashant Malik, Co-founder & CTO and a mobile driven strategy, LimeRoad constantly strives to deliver a highly differentiated experience to its customers.
Matrix Partners India was one of the first institutional investors in the company and also participated in the Series B funding of LimeRoad. Avnish Bajaj, co–founder and Managing Director of Matrix Partners India, says, “LimeRoad is leading the social commerce revolution in India with a focus on winning the two biggest drivers of future online commerce marketplaces-women and mobile. Suchi and Prashant have an exciting vision for the future of this platform and we are privileged to be partners in this journey.”
YS-event
About Suchi Mukherjee
Suchi Mukherjee is the founder and CEO of LimeRoad, India’s largest online discovery platform for women. The company recently raised its series B funding of $15 million, led by Tiger Global, and with the second time funding by Matrix Partners and LightSpeed Venture Partners. Previously, Suchi Mukherjee was a part of the early E-bay UK team, on the executive board of Skype, and the Managing Director/CEO of Gumtree. She is Cambridge Commonwealth Scholar from Cambrige University, a British Chevening Scholar from London School of Economics and a graduate from St. Stephens, New Delhi. With nearly 18 years of experience in the top management of leading consumer technology businesses, Suchi launched LimeRoad in October 2012 with a vision of creating the largest womens-only marketplace in South East Asia.
About Avnish Bajaj
Avnish Bajaj is the co–founder and Managing Director of Matrix Partners India, which is an investment firm with INR 3000 cr under management. Matrix India invests across early and growth stages of businesses in select sectors – Internet & Mobile, Healthcare, Financial Services, Education and Consumer Products & Services. Previously Avnish was the co–founder, Chairman and CEO of India’s Largest Online Marketplace – Baazee.com – which was acquired by eBay. eBay India today is the largest eCommerce Marketplace in India. He is a Baker Scholar from Harvard Business School, WARF Fellow from University of Wisconsin–Madison and a Computer Science graduate from the Indian Institute of Technology, Kanpur.






You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


How starting up in 80s wasn’t the same as today, Nandan Nilekani shares his thoughts


How starting up in 80s wasn’t the same as today, Nandan Nilekani shares his thoughts


Starting up in the 80′s was a different cup of tea from starting up today, as Nandan Nilekani will tell you. Infosys, the company he co-founded was born around ten years before the economic reforms began. At TechSparks grand finale, Nandan spoke about this very difference.
It was the first time that middle class people with no money were starting a company. Everybody told us not to start a company. my parents, my teachers my uncles, they said, ‘you are crazy to start a company, go and join some large corporation’.
Nandan Nilekani
Nandan Nilekani
Today it is time for 100′s of global companies from India, Nandan emphasized in his talk. There is an street in HSR layout  (a Bangalore suburb) which is almost entirely filled with startups. He observed, drawing parallels with entrepreneurship scene in 1980′s.
We did not really celebrate entrepreneurship. It was all about large companies and multinationals and not about startups. doing business was very difficult, getting a phone took two years. we couldn’t travel abroad without asking permission from the reserve bank of India. There was a time when I had to make two quick visits to the New York for business, and some clerk in RBI said, ‘why are you going to the US so often ‘. That was the kind of India we were in those days, yet we are able to break out of that. The break happened in the early 1990′s when economic liberalization happened.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


Amazon’s new streaming device ‘Fire TV Stick’ to take on Google’s Chromecast

Amazon’s new streaming device ‘Fire TV Stick’ to take on Google’s Chromecast


Fire_TV_Stick_Amazon
Last week you might have heard that Amazon has pulled the plug on its Fire Phone — after quarters of disappointing performance. But that dosen’t seems to deter Bezos and team from getting their hands dirty with a hardware play. Today Amazon has debuted yet another product called  Fire TV Stick to directly compete with the likes of ChromecastRokuPlayer and the Matchstick that was developed on Mozilla’s open-source Firefox OS.
Here are the specs of the deviceSo on paper, the Fire TV Stick has plenty of bells and whistles to make it competitive in a market that is dominated by Chrome and RokuPlayer till date.
Fire TV Stick is a very ambitious attempt and bet on streaming media delivery. Will the consumers vote it with the money in their wallet is something; we need to wait and see! Amazon is launching Fire TV Stick just in time for the holiday shopping season.
In addition it also provides a voice search via a remote control that a user need to buy separately.
Fire TV Stick is the most powerful streaming media stick available—a dual-core processor, 1 GB of RAM, 8 GB of storage, dual-band and dual-antenna Wi-Fi, included remote control, voice search with our free mobile app, easy set-up, an open ecosystem, and exclusive features like ASAP for instant streaming,” said Jeff Bezos, Amazon.com Founder and CEO. “The team has packed an unbelievable amount of power and selection into an incredible price point—Fire TV Stick is just $39.
Fire TV Stick AmazonAmazon is providing SDK for developers to submit apps for Fire TV stick
Amazon has positioned their product as a competitor of Chromecast, but in reality the Amazon stick is more of a competitor to their own Fire TV and Apple TV, because it not merely about just casting media from your android phone.
Price wise Fire TV stick higher by $10, where as Chromecast is $35, while it’s still cheaper than RokuPlay ($50). Amazon said the Fire TV Stick will ship on Nov. 19. Those of you have got relatives with Prime Membership will get it cheaper as Amazon is offering a temporary $20 discount. Currently Fire TV Stick is available to US customers.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


Millicom backed Think Rwanda to accelerate four African startups in November 2014


Millicom backed Think Rwanda to accelerate four African startups in November 2014


Think Rwanda, Millicom’s Tigo backed tech startup incubator in Kigali, was established in early 2014 to support tech startups that are poised to create digital solutions for Africa.
“Rwanda is a great place to do business. We know it has some extraordinary local talent whose skills and ingenuity we want to support. We are looking to driving the digital revolution with talented youth in all our Tigo operations in Africa,” said Hans-Holger Albrecht, CEO of Millicom Celular, at the launch of the Think Rwanda incubator.
10 startups were competing, and the below four made it to the final.
Beliaa team from Egypt
Beliaa team from Egypt
Beliaa.com
Beliaa is a mobile car mechanic platform based out of Cairo, Egypt.  Founded in 2012 by Amgad Morgan, it got a patent from the IPR office. It aims to prevent the streets of Cairo from traffic jams that are caused when a car breaks down. The platform is integrated with General Department for Traffic in order to generate legitimate authentic traffic updates, and it sends the exact location of the incident to the nearest selected service and rescue centers.
When a car breaks down or is involved in an accident in the middle of the road, people often try to call their friends and family on their phone. Now, there is Beliaa app for that. The app can rescue people at the accident site by providing on-demand and on-time support. The application picks from the GPS users’ exact location and connects it to the nearest road assistant centers (automobile maintenance). It also assists drives to schedule their car maintenance easily in a minute’s time. Beliaa’s users will get discount rate that ranges from 10-15% with authorized car workshops.
Cribpark team from Nigeria
Cribpark team from Nigeria
Cribpark.com
Cribpark is an emerging real-estate marketplace based out of Lagos, Nigeria. Founded in 2014 by Dare O. Pius and Oaldapo Ayo,  Clibpark aims to be one-stop shop for all housing needs.
Their quest was to provide an average person a platform for local housing content, and a community around that content where professionals in the space will give valuable tips and lessons. It finally brings the commerce of housing products and services around content & community; from products furniture, home appliances to services such as plumbers, painters and house movers.
Usually local content is a problem in most of the frontier markets. Cribpark seems to be solving the problem in their niche market.
PollAfrique team from Ghana
PollAfrique team from Ghana

Pollafrique.com
PollAfrique is a research platform being built for Africa based out of Accra, Ghana. Founded in 2014 by Samuel Dzidzornu alma matter of Meltwater Entrepreneurial School of Technology (M.E.S.T.).
PollAfrique allows researchers to target the right audience for the intended research via SMS, Web interface, USSD and IVR.  The platform offers a stress-free surveying experience for market researchers by streamlining the challenging processes involved while saving them time and money spent on traditional methods.
What make PollAfrique unique are the speedy response rate and an access to tap in to a wide pool of respondents conveniently.  It allows researchers to reach ultra focused targets based on parameter filtering tool that helps to identify unique respondent group suitable for any survey.  Respondents are incentivized via airtime or mobile money, thus enchaining participants’ pool in market surveys with minimized statistical noise.
TorQue team from Rwanda
TorQue team from Rwanda
Torque.co.rw
TorQue is a channel management SaaS for telecos and FMCG distributors being built out of Kigali Rwanda.  Founded by Jean Niyotwagira in November 2014, it has been incubated in kLab. The startup is experiencing traction with telecommunication and big beverage distributors and poised for hockey stick growth locally and eventually across East Africa.
For businesses it is vital not to hoard so much of unnecessary inventory that doesn’t meet a current demand. That is where TorQue comes in; it minimizes inventory investment while balancing it with having just-enough-inventories to meet the demand.  The platform helps SMEs to run like well oiled engine by enabling them to track sales transaction in real time, thus reducing in fraud at various touch points. Another valuable advantage TorQue provides to SMEs is instant reports that help them forecast their sales. Distributors of Airtel Rwanda and MTN are among TorQue clients.
These four selected teams will be cohorts of Think.rw for a six-month accelerator program that is beginning in Kigali, Rwanda, in early November 2014. The trend is very encouraging for the local scene.






You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


WAGmob has built 400 apps from Indore and now has a B2B product with Google as a customer

WAGmob has built 400 apps from Indore and now has a B2B product with Google as a customer


Wagmob
Kalpit and Kavita Jain are ex-Microsoft employees who started to dabble into the world of mobile in 2010. They initiated WAGmob by building consumer apps in the field of education. Under the simpleNeasyApp banner, WAGmob launched apps like “Learn Andoid Programming”,  “Project Management”, “Learn Greek”, etc. The idea was to try if such diverse set of ideas converted into apps had takers and as it turns out, there were. And all these apps are pay-to-use apps.
For instance, the Physics app is an eBook and app platform for learning, teaching and training. The app provides:
- Snack sized chapters for easy learning
- Flashcards to memorize key concepts
- Simple and easy quizzes for self-assessment
wagmob_snap
Priced at INR 115 currently, the app has more than 5000 downloads. And to make the entire business proposition exciting, there are more than 400 such apps across fields.  There are a few apps which are free and a user can probably try them out to get a feel of the product and see if it suits their way of learning. But taking a broadder view, WAGmob has been able to identify the areas where peeople might be looking for help and has built apps around it.
Going B2B
Seeing the traction and gaining experience with learning apps, the co-founding duo started exploring possibilities. A chance meeting with Skip Miller, a Sales Training Guru gave them their Eureka moment and found a direction in the B2B space. They developed a product that was suitable for corporates to train their sales team on mobile. Gosalestrain is the training module which is a social, mobile and connected sales training community. Some advantages in this approach-
1) WAGmob doesn’t have to take the responsibility for content development
2) User acquisition becomes more focused since the focus is only on one particular thing- sales training
3) Scaling becomes more streamlined because once a module is ready for ‘sales’, the similar approach can be taken to expand into other areas
Skip also helped WAGmog get Google as a customer where about 250 sales employees are trained on the mobile platform. Charging $30 per user per month, WAGmob also has Microsoft, Samsung and Sony on their impressive client list. This has given WAGmob a very lucrative angle and their experience with B2C helped them to build something that would work in a B2B environment as well.
The Indore and family connection
WAGmob is unique because although the company is registered in the US, a majority of its 60 member team is based in Indore, India. Talking about the thought process, Kavita tells us, “It makes a lot of sense to have the company based in Indore because the cost of operation is significantly lesser and there is access to talent as well because of IIT, IIM, and other good colleges in the city.” Being away from the public eye has also helped WAGmob to quietly make their way ahead.
Another interesting aspect about WAGmob is that the entire family is involved in building the startup. Kavita, Kalpit and their son, all three are fully involved in the startup. They have bootstrapped till now and have been profitable but are looking to raise funds to scale up their sales and marketing team. WAGmob also showcased at the TechSparks 2014 (see all 30 companies) and is one of the promising technology companies being built from India.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


Ola confirms Series D funding of $210mn led by SoftBank


Ola confirms Series D funding of $210mn led by SoftBank


Ola, India’s most popular mobile app for cab-booking today confirmed a definitive agreement to raising $210mn (approx. INR 1260 cr.) from SoftBank Internet and Media, Inc. (SMIC) and existing investors, Tiger Global, Matrix Partners India and Steadview Capital. Ola in the last two months has launched operations across 9 new Indian cities taking its overall presence to 19 as well as new and innovative categories across existing cities. Ola is the largest cab-booking app with over 33,000 cabs on the mobile app available for customers to book from. This fresh investment led by SoftBank will further propel Ola to be an integral part of India’s transportation ecosystem across newer cities by making available an efficient, reliable and convenient option for users and service providers.
Bhavish during early days of Ola
Bhavish during early days of Ola
Masayoshi Son, Chairman and CEO of SoftBank Corp. said, “Since SoftBank’s foundation, our mission has been to contribute to people’s lives through the Information Revolution. We believe India is at a turning point in its development and have confidence that India will grow strongly over the next decade. As part of this belief, we intend to deploy significant capital in India over the next few years to support development of the market.”
Bhavish Aggarwal, Co-founder & CEO, Ola said, “We are thrilled with the pace at which we are growing. Ola is at the forefront of the mobile internet revolution in India and Softbank as an investor and a strategic partner with its global network, brings in a lot of relevant experience and knowledge of this domain. We will continue to build towards our vision of transportation as a seamless and ubiquitous service in every corner of the country and focus on the driver ecosystem to enable micro entrepreneurship and skill development at scale.”
Nikesh Arora, Vice Chairman of SoftBank and CEO of SIMI added, “India has the third largest Internet user base in the world, but a relatively small online market currently. This situation means India has, with better, faster and cheaper Internet access, a big growth potential. With today’s announcement SoftBank is contributing to the development of the infrastructure for the digital future of India. We want to support the leaders and entrepreneurs of the digital future; Bhavish is such a great leader.”
Recently, Bhavish was at TechSparks Grand Finale and he shared with us anecdotes from Ola’s journey, early days and his ambitious plans going forward. Bhavish’s focus and passion for building and growing Ola is palpable. Let’s find out what makes Ola a truly “Made in India” success story. 







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


Snapdeal to raise $627 million funding from the Softbank group, enters the $1 billion funding club

Snapdeal to raise $627 million funding from the Softbank group, enters the $1 billion funding club


Financial service arm of Japanese telecommunication and internet corporation, SoftBank Internet and Media, Inc. (“SIMI”) along with Snapdeal today announced definitive agreements under which the SoftBank Group (further described below) will invest $627 million and hence become the largest investor in the ecommerce firm.
Snapdeal-softbank
Through this strategic investment and partnership with Snapdeal, the SoftBank Group aims to further strengthen its presence in India and leverage synergies with its network of Internet companies around the world. Snapdeal was founded in 2010 and has more than 25 million registered users and more than 50,000 business sellers as of now. Earlier, the company has raised $100 million in May 2014 and an undisclosed amount from Ratan Tata in August this year. With the current round, total funding raised has crossed the $1 billion mark.
Masayoshi Son, Chairman and CEO of SoftBank Corp. said,
We believe India is at a turning point in its development and have confidence that India will grow strongly over the next decade. As part of this belief, we intend to deploy significant capital in India over the next few years to support development of the market.
Softbank group has also announced an investment of $210 million in Olacabs. Both the investments comes prior to Masayoshi’s visit to India. Nikesh Arora, Vice Chairman of SoftBank Corp. and CEO of SIMI, will be joining the board of Snapdeal as part of this strategic investment by the SoftBank Group.
Nikesh commented,
India has the third-largest Internet user base in the world, but a relatively small online market currently. This situation means India has, with better, faster and cheaper Internet access, a big growth potential. With today’s announcement SoftBank is contributing to the development of the infrastructure for the digital future of India. We want to support the leaders and entrepreneurs of the digital future; Kunal and Rohit are two such great leaders.
Snapdeal has an assortment of 5 million+ products across 500+ diverse categories from various regional, national, and international brands and retailers. The ecommerce giant boasts of more than 25 million members and 50,000+ merchants, on its platform and delivers to 5000+ cities and towns in India. The company witnessed 600% growth from 2013 to 2014, with over 60% of its orders coming from mobile phones.
Kunal Bahl, Co-founder and CEO of Snapdeal said, “Our entire team at Snapdeal is thrilled and honoured to have SoftBank as a strategic partner. With the support of Son-san and Nikesh, we are confident we will further strengthen our promise to consumers and create life changing experiences for 1 million small businesses in India.”
Morrison & Foerster LLP acted as legal advisor to SoftBank, with Kochhar & Co. advising SoftBank on India law matters.


You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


5 tips to boost communication skills of employees

5 tips to boost communication skills of employees


3c75c3d0eca029017ad39304f5502b7eIn an increasingly competitive world, the demand for communication skills is always on the rise. Today, while organisations are focusing on hiring candidates with good communication skills, many are also building strategies to enhance communications skills of their employees to boost productivity
Employees are the driving force of an organisation. If an employee cannot communicate appropriately, it reflects badly on the company’s repute. Communication skills are an important element of a successful workplace. Most organisations are training employees on soft skills and communications. However, many companies still don’t have clarity on basic fundamentals of teaching and training employees on communication.
Asif Upadhye, chief fun officer, Never Grow Up shares few strategies that an organisation can implement to better the employees’ communication skills.
Begin with email etiquette 
What you think you write and when you write, you know what to speak. The art of writing still remains the best medium to enhance communication. While addressing an email, right from the salutation to precisely framing the subject to explaining the contextual purpose of drafting the email, the grammatical sentence structure and appropriate use of vocabulary, all play a vital role.
It is not ‘what’ you say but ‘how’ you say it 
Sometimes, non-verbal communication in terms of body language can be significant as well. Employees learn to adapt to the tone of their superiors. If you have to convey acknowledgement, let your tone be appreciative, if you need to call attention to an error, be polite yet stern. The way you emote and express will make an impression and will be subconsciously registered.
Be a good listener 
Sometimes, an employee may be good at speaking, but hesitant in coming forth to express his views, while some may genuinely need guidance. Instead of being the grammar Nazi and picking out faults in every part of the speech, take your time in building a rapport and evaluating each employee individually. Ask open ended questions and invite employees to be as elaborate as possible in their answers. 
Mandatory participation during meetings 
The person who diligently takes down notes but never utters a single word, needs to raise his voice. If not making a presentation, ensure that every meeting your employees come in a little early and take 20 seconds to briefly introduce themselves. It not only depicts that the other person listens, but it also makes them want to improve and better their own representation.
Facilitate training and workshops 
Learning has no barriers. Getting an external trainer secures a platform for your employees to open up, keeping apprehensions at bay. Not being from the organisation gives the trainer an additional benefit of interacting with his protégée as a friend more than a mentor and it allows the employee to discuss his difficulties, be more receptive to feedback and accept criticism positively to better himself voluntarily.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


5 key considerations while moving employees across functions

5 key considerations while moving employees across functions


community lifeOrganisations frequently encounter situations of employee job rotation which, if capitalised correctly, can contribute substantially to employee morale as well as the organisational productivity
By moving employees between functions, employers gain multiple business advantages. This includes, employee satisfaction through progress on the coveted aspirational path and organisational benefit resulting from a multifunctional employee who understands business better. Also, an employee who has a holistic understanding of the business is more likely to be offered a leadership role.
However, while rotating jobs, organisations need to follow a process that consolidates set guidelines which work to minimise disruption when a resource moves from one vertical to another. Manish Garg, head-India Operations, hCentive, shares 5 top guidelines for employee job rotation across successful organisations.
Employee stability and time spent in a function: A pre-emptive check to filter out unnecessary movement across verticals is determining employee stability through time spent in a function. Only when an employee has spent a substantial amount of time in the current function should he be allowed to move to a different function. Although there is no holy grail of the ‘time spent’, most organisations use 12-18 months as the appropriate time before an employee can switch.
Discussion on employee aspirations: Once an employee aspires to move across functions, he should discuss his aspirations with his reporting manager. This early phase discussion helps the reporting manager make a better decision while finding a perfect opportunity for the employee and helps the employee progress on his desired career path. Senior managers can motivate and counsel employees on their choice of selecting a different function, which in turn, would help employee to take the best decision.
Availability of position and selection process: Once the reporting manager has had a detailed discussion with the employee on his aspirations, a position that fits the bill needs to be sought. If there is a good fit available for the employee in the desired functional role, movement to new project should be based on defined selection process where skill evaluation and fitment in the new role/project would be taken into consideration. Hiring manager should take the final call on selection.
Employee dependency checks in current project: Employee dependency in the current role is another factor that needs to be considered and mitigated. In case of critical dependency in the existing project, longer periods may be needed for releasing the employee. The transition period should also factor in the time needed for knowledge transfer to the replacement resource.
Resource management group: In the entire process, the Resource Management Group (RMG) will function as the owner. Due to the number of stakeholders involved and the traffic of communication between various parties, the RMG is best placed for ownership to avoid any communication gaps between stakeholders. Their presence in the process will ensure that employee aspirations are fulfilled without impacting employee morale and the business.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


5 strategies to tackle the ‘biggest weakness’ interview question

5 strategies to tackle the ‘biggest weakness’ interview question


Screen-Shot-2014-09-18-at-11.23.32-AMManash K Baruah, general manager-corporate HR, STEER Engineering talks about interesting strategies that candidates can explore to answer one of the most tricky interview questions of stating their ‘biggest weakness’
When asked to state the biggest weakness during a job interview, even seasoned jobseekers often wince. The reason being, this is a tricky question to navigate. A wrongly put answer might even disqualify a candidate from being considered for the job role
In a recent interaction, Manash K Baruah, general manager-corporate HR, STEER Engineering shared interesting strategies for candidates to tackle this question.
  • Do not have any weakness
While framing this answer, refrain from presenting yourself as a ‘perfectionist’. Nobody is perfect. You know it and so does the interviewer. They wouldn’t ask this question if they didn’t expect you to answer it. If you say you do not have any weakness, employers might assume that you are exaggerating to get the job or that you are simply not self-aware enough.
  • An exaggerated strength
Talk about an exaggerated strength and put an interesting twist to it. An example of this is, ‘My initiative is so strong that sometimes I take on too many projects at a time.’ This answer starts with a key area that employers are looking out for, which is the ability to take initiatives, but at the same time you are acknowledging that you do have a weakness.
Although you might consider this acknowledgement too honest, it works because it proves you’re being honest. Plus, employers are looking at hiring multi-taskers who can do more with less.
  • Refer to a less-important weakness
All weaknesses are not created equal. Some will go further in determining whether or not you get hired. One of the ways to answer this question is by focusing on something that is not a core skill required for the said position.
For example, as a graphic designer, your presentation skills may not be very important for the position itself. However, admitting that you’ve been working on upgrading your writing skills can be viewed by employers as a sign of self-improvement and can go very well with them.
  • A positive spin to drawbacks
Do not offer an answer that shows a lack of motivation. If you state that you are lazy or a procrastinator, red flags will immediately go up with the employers.
Every cloud does have a silver lining and in this case, if you look carefully, every negative trait has a positive aspect to it. That being the case, you can always answer the question by putting a positive spin to your negative trait.
For example, if you are not a very detail-oriented person, you could say, “I have always been a ‘big picture’ thinker and have to admit that I sometimes miss the smaller details. That is why I always have somebody on my team who is detail-oriented.”
  • Improving past weaknesses
Rather than demonstrating how you are learning to deal with your weakness, why not share with the employer how you overcame a previous weakness? For example, talk about instances such as how public speaking used to send chills down your spine in your younger years? Maybe a drama class or a communications class allowed you to overcome your fear of speaking in front of a large number of people.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


Facebook encourages teens to eat more junk food: Study


Facebook encourages teens to eat more junk food: Study



Facebook encourages teens to eat more junk food: Study
If your growing kid cannot think beyond junk food like burgers or pizza to satiate his/her hunger pangs, blame Facebook.

SYDNEY: If your growing kid cannot think beyond junk food like burgers or pizza to satiate his/her hunger pangs, blame Facebook.

According to a study, social media websites are significantly contributing towards marketing junk food to teenagers.

Researchers from the University of Sydney in Australia analysed how food that was nutritionally poor was marketed on social media sites and focused on the audience that was most likely to be engaged with marketing of this kind.

They looked at the Facebook pages of 27 high-ranked food and beverage brands.

They found that companies that sold foods that are poor in nutrients and energy-dense, attracted young adults and teenagers on social media sites.

The study also revealed that company content was being shared increasingly by those Facebook users who had high engagement with unhealthy food firms.

"The engagement from Facebook users was high when these food companies ran contests or competitions or associated their products with positive events," said lead researcher Becky Freeman.

By using the interactive and social aspects of Facebook to market products, energy-dense and nutrient-poor food brands capitalise on users' social networks and magnify the reach and personal relevance of their marketing messages, the researchers concluded.

The study was published in the American Journal of Public Health.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


A device that tells how drunk you are


A device that tells how drunk you are



A device that tells how drunk you are
If users record scores higher than the recommended level, the app triggers a 'get home safe' screen.

NEW YORK: A device has been launched that lets drivers find out if they are intoxicated before they are nabbed by cops. Named Breeze, the 2.25-inch-long wireless device pairs via Bluetooth to a smartphone app.

The iOS version of Breeze syncs with Apple's new HealthKit platform, which allows consumers to catalogue their blood-alchohol level.

If users record scores higher than the recommended level, the app triggers a 'get home safe' screen.

Breeze also provides drunk users with the option to search for cabs and uses phone book contacts to let them phone a friend in case they need a ride.

It also provides an option to search for hotels and restaurants, where they can sober up with caffeine and food, the San Francisco Chronicle reported.

"This is really about consumer awareness and being able to make the right decision and learn more about yourself," said Brian Sturdivant, vice president (marketing) of the California-based startup Burglinghame that created the device.

The device is available for both iOS and Android cell phones for $100.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


When iPhones ring, the economy listens


When iPhones ring, the economy listens



When iPhones ring, the economy listens
Since September 19, when the iPhone 6 and its larger sibling, the iPhone 6 Plus, went on sale, consumers have been ordering the gadgets faster than Apple can deliver them. 

Gloomy economic news and the wild swings of the stock market may be getting you down. But at least you can count on this: We've entered the sweet spot of the iPhone cycle.

Since September 19, when the iPhone 6 and its larger sibling, the iPhone 6 Plus, went on sale, consumers have been ordering the gadgets faster than Apple can deliver them. The ripple effects are being felt throughout the economy, and these phones have been moving the stock market.

"The iPhone is having a measurable impact," said Michael Feroli, chief US economist for JPMorgan Chase. "It's a little gadget, but it costs a lot, and it seems that everybody has one. When you do the multiplication, it's going to matter." He estimates that iPhone sales are adding one-quarter to one-third of a percentage point to the annualized growth rate of the gross domestic product.

You may not think of the iPhone as a financial powerhouse. After all, it's just a consumer good — albeit a highly functional, high-end one that you can carry in your pocket or your purse. Sales typically surge every two years when, as now, Apple does a major iPhone upgrade. You may have the warm and personal relationship with the iPhone that Timothy Cook, Apple's chief executive, described on Monday to Wall Street analysts during a conference call. Apple's next three months will be "incredibly strong," he said. And he spoke enthusiastically about the principal reason for this performance: "These iPhones are the best we have ever created, and customers absolutely love them."

Whether you love them or not, though, it's a good moment to recognize their significance as a financial force.

The iPhone's financial impact starts, of course, with Apple, which is reaping enormous profit from it. As the company disclosed in data embedded in a Securities and Exchange Commission filing Monday, Apple has been selling a broad mix of iPhone models at an average price of $603.

That's not remotely close to the "starting price of $199" that Apple advertises, as I wrote last month. The full price is embedded in service agreements that many customers in the United States reach with phone carriers. And many of those carriers are stating that full price quite openly. The real starting price for a new, basic iPhone is $649, and models with more memory and bigger screens cost much more.

This price structure is lucrative for Apple. "The cost of building a basic phone has stayed at about $200 for years," said Andrew Rassweiler, senior director for cost benchmarking services, at IHS Technology.

That estimate doesn't include many expenses, like research and marketing costs. But it's a rough guidepost, and it helps explain how, as Apple disclosed in a court filing two years ago, its profit margins for the iPhone are roughly double those for iPads, which tend to be priced more cheaply.

Toni Sacconaghi, an analyst at Sanford C Bernstein, says the gross profit margin for the iPhone is close to 50%. Because the iPhone is Apple's most popular product — with more than 39 million sold in the last quarter — it accounts for a disproportionately large percentage of Apple's overall profit, somewhere between 60 and 70%, Sacconaghi said.

"Apple is now so big that it takes a lot to make it grow appreciably," Sacconaghi said. Apple is producing an impressive, interrelated ecosystem of products and services, including its forthcoming digital watches, its new digital payment system, its revived Mac line, refreshed iPads and new software operating systems. Even if all of its ventures succeed, none are likely in the next year or two to rival the financial impact of the iPhone. "The iPhone is the core of Apple right now," he said.

In a sense, the iPhone is the core of the stock market, as well. Apple is the biggest company, by market capitalization, in the world. Apple accounts for about 3.5% of the weighting of the Standard & Poor's 500-stock index. And, through Thursday, because its stock has performed magnificently while the overall market has not, Apple accounted for 18% of the entire rise of the Standard & Poor's 500 index this year, according to calculations by Paul Hickey, co-founder of the Bespoke Investment Group. And the engine driving Apple shares is the iPhone.

"The market is obviously counting on another strong sales performance for the new iPhone," he said. So far, it's getting that performance. And, he said, Apple's invigorating effect is likely to continue.

Because the iPhone is made mainly overseas and sold worldwide, it is stimulating the economy in other regions, particular in East Asia, Feroli observed, and it keeps a substantial amount of its cash abroad. Such factors make it harder to assess the company's impact domestically.

"It's not like GM having a great quarter," Feroli said. "It doesn't translate directly into employment in the United States. It's a more complex world today, and, in that sense, Apple is representative of that world."

Apple, though, is having a powerful impact in the United States. Last month, for example, electronic and consumer appliance store sales jumped 3.4% while clothing sales fell 1.2%, according to Commerce Department figures. "People are buying iPhones, partly as a status symbol," Feroli said. "They're not buying as much clothing."

Even people who don't buy iPhones and don't own Apple shares have a stake in the company. I don't own any Apple stock, for example, but I do have a stake indirectly through my 401(k) account. That's because mutual funds in my portfolio own Apple shares as their biggest holdings. Nearly every pension fund holds some stock, and these days, there's a good chance the biggest holding is Apple. And the most important financial lever at Apple is the iPhone.

All of that helps explain why Apple is such a formidable force, especially at this stage in its product cycle. And as the holiday-shopping season approaches, and iPhones keep flying off the shelves, Apple may well keep moving the world.







You Need any soft-skills Training with placement just contact us Contact number : 8904762432. Website: www.moxiestars.com. Facebook:https://www.facebook.com/moxiestarssolutions. LinkedIn : Moxiestars. Email: info@moxiestrars.com.








For Insurance :8904762432.




Hi guys If u like this post please leave a comment in comment box... comment box will top right of every post and bottom of every post. its useful for me give a better information.. check top of the blog there is menu bar in that go to comments i replied for u r comments because there is no direct option for reply for u r comments. if u want to give any suggestion in bottom of blog there is contact information option please leave a msgs with u r mail id sure i will get u.


HTML Comment Box is loading comments...
MARUTHU Copyright@2014. Powered by Blogger.