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Everything You Need to Know About Budget 2023




AI in Healthcare: A Trillion-Dollar Opportunity for India

Artificial Intelligence (AI) is prevalent in the business world and is now applied in healthcare. The rise of data implies the increasing use of Artificial Intelligence (AI) for health care. 

The main area where Artificial Intelligence is being applied is early disease diagnosis, drug design process, drug trials, diabetic retinopathy, cancer treatments, cardiovascular disease, and eye care.

Artificial intelligence for healthcare expenditure in India is expected to reach $11.78 billion by 2025. And also estimated to add $1 trillion to India’s economy by 2035. The huge growth in investment, particularly in AI, is being done for many reasons. 

India has just 64 doctors available per 100,000 people compared to the global standard of 150 doctors per 100,000 people. Primary healthcare in India lacks infrastructure in rural areas. 

This translates to a lack of high-quality diagnostic services in rural India which is home to more than 60% of the population. Even in Urban areas, the impact of technology has been modest.

Online doctor consultations and chatbots for healthcare systems using artificial intelligence received a big hike during the COVID – 19 but the impact has not been as transformational as expected.

Integration of AI in healthcare is not a one-day dream. It requires the government to introduce AI Courses and AI-based curricula in schools and colleges, especially medical and health science colleges.

Leveraging predictive analysis using Artificial Intelligence (AI) for early detection or diagnosis can become an asset in the healthcare industry in India, especially in rural India where there is a lack of basic infrastructure and even healthcare experts.

AI-based technologies can help bridge the gap between supply and demand of healthcare industry growth in India which is expected to become a $372 billion industry this year.

The Role of Artificial Intelligence (AI) in Healthcare

The Role of Artificial Intelligence (AI) in Healthcare

AI expenditure in India increased by over 109% since 2018, making it a $665 million industry. It is estimated to reach $11.78 billion by 2025, adding $1 trillion dollar to India’s economy by 2035. AI is already being integrated into diagnosis and pior detection methods.

NITI Aayog, a public think tank, policy, and program framework for the Indian government has been testing the application and aim here is to integrate AI-based technologies with portable screening devices that can accelerate eye screening and early diagnosis, especially in rural and remote areas growth of the healthcare industry in India is increasing.

AI-based technologies are being tested for cancer research. AI-based tools can use high-quality de-identified pictures to detect biomarkers. Recently the companies that are using, artificial intelligence in India are Tata Medical Center and the Indian Institute of Technology launched India’s first de-identified cancer image bank: the Comprehensive Archive of Imaging.

 Artificial intelligence in the healthcare industry can use public health data to identify risk factors associated with cardiovascular disease. Microsoft’s AI Network for Healthcare and Apollo Hospitals are developing a machine learning model to predict the potential risk of heart attacks using clinical and lab data from around 400,000 patients. 

The AI solution can identify new risk factors and gives a heart risk score to patients without the need for a detailed health check-up.

Predictive analysis uses of AI in healthcare are also used in the drug design process. AI has the potential to accelerate the hit-to-lead stage of early drug discovery and gives accurate results of the drug.

Challenges while integrating AI into Healthcare

The primary requirement to integrate AI in healthcare is public health data, which is also one of the potential risk factors. AI-based tools and technologies require massive amounts of patient data. Fragmented or inaccurate data can increase the risk of artificial intelligence in healthcare inaccurate decisions like inappropriate drug prescriptions or disease detection. Thus, patients must realize how their data is being used to train the AI models and provide accurate data.

The healthcare industry should also realise that the integration of AI in healthcare is just not the end. A high level of automation based on AI could compromise physicians’ ability to detect mistakes in any stage of AI integration and lead to an overreliance on AI-based tools.

Artificial intelligence companies in India should support healthcare decision-making, not be used to automate decision-making. AI-based tools should never be replaced with primary healthcare, but should instead help in giving advanced tools and infrastructure to rural populations.

Major players in the healthcare industry in India

  • Apollo Hospitals Enterprises Ltd.

  • Aster DM Healthcare Ltd.

  • Dr. Lal PathLabs Ltd.

  • Fortis Healthcare Ltd.

  • Healthcare Global Enterprises Ltd. ( HCG)

  • Indraprastha Medical Corporation Ltd. ( Indraprastha Apollo Hospital, Delhi)

  • Narayana Hrudayalaya Ltd.

  • Piramal Enterprises Ltd.

India’s way forward AI 

AI maturity in the healthcare AI market requires critical investments in the capacity of the workforce, data and infrastructure, governance and regulatory mechanisms, design and processes, partnerships and stakeholders as well as innovative business models.

Integrating AI into healthcare systems also requires an understanding of artificial intelligence India curricula for medical and public health students, both academic and practical.

The Indian government will need to make appropriate investments in data infrastructure, such as interoperability, unified EMR and data stewardship. This is very important to build trust and long-term integration of AI into India’s healthcare system.

The Indian government must also invest in and build public-private partnerships across the healthcare industry to facilitate coordination between academia, government, industry, NGOs and organizations. They should scale governance and regulatory mechanisms to offer appropriate oversight for privacy, fairness and transparency.

India is a founding member of the Global Partnership on AI alliance and has thus far adopted a measured approach to the integration of AI, in keeping with ethical and responsible standards of the country. These principles must be applied in practice as the technology scales on a higher level.

Factors leading to the growth of the healthcare industry in India

Factors Leading To The Growth Of The Healthcare Industry In India

1) Affordable

All positive factors boosting the Indian Healthcare industry begin with an increase in government expenditure. In the Union Budget of 2020-21, the government launched an encouraging allocation of USD 9.87 billion towards the healthcare sector while ensuring an increase in healthcare spending to 3% of the GDP by 2022. 

Many Indian hospitals and diagnostic centres have been attracting Foreign Direct Investment in the past few years. The medical space is filled with many opportunities for people, in urban and rural areas. Such things have boosted competition and raised industry standards significantly. 

Medical tourism has been and will keep the leading segment owing to advanced techniques and well-trained medical professionals available in India. 

2) Mobile Health

Mobile Health or MHealth application of artificial intelligence in healthcare is a part of the remote healthcare service sector that caters to people in the comfort of their homes. It also includes tools that can accurately diagnose, track health, and educate health workers and people in general.

MHealth is especially relevant to these times and many companies have already jumped on the MHealth bandwagon, including Consumer Tech and Pharma companies. It helps many companies and medical practitioners to be reached by far-off consumers that reside away from quality hospitals and medical facilities.

Technology fuels the MHealth industry with IoT-backed devices, Remote Patient Monitoring (RPM) and Disease Management applications for patients with long-term conditions such as diabetes, high cholesterol, obesity and more.

3) Focus on Wellness

The lockdown has caused stress levels to rise and in turn affect people’s health for the last 2 years.

This has brought all areas of wellness into focus including emotional, occupational, environmental and social wellness. Companies catering to matters such as post-traumatic stress disorder, insomnia, anxiety and related psychological problems have begun creating apps, networks and modalities to reach out to a wider number of people.

 People witness a rise in fitness experts, nutritionists and alternative therapy practitioners such as yoga and meditation therapists, making the wellness sector a contributor to the Indian Healthcare Industry.

Hence, These are three primary areas of improvement and growth expected from the healthcare sector. The massive scope of healthcare and let multiple players with unique specializations operate within a booming and vital sector, fore-casted to create ripples, globally.

Summary

India’s adoption of Artificail intelligence into healthcare can enable it to bridge the imbalance between the increasing rural population and the country’s lack of basic healthcare infrastructure. India can become a front-runner among emerging AI  markets and meet its sustainable development goals soon.

FAQ’s on AI in Healthcare:

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Everything About ISO Certificate- Types of ISO & How to get ISO certification In India




Startup Schemes In India – List Of Government Programs

Are you passionate about starting your own business? Do you wish there was a way for you to get access to the funds, mentorship, and resources you need to succeed? Fund for Startup India is a flagship initiative of the Government of India with the agenda to support startups and entrepreneurs in the country actively. 

The main objective of the government program is to create a robust ecosystem that nurtures and protects innovation, entrepreneurs and startups in India and tries to generate large-scale employment opportunities and lead to the sustainable economic growth of the country.

The Indian government initiative came up with the Aatmanirbhar Bharat mission and the ‘Make in India’ program under which they launched various schemes, with the aim of transforming India into a global business hub.

In India, there are hundreds of government schemes covering every aspect of creating and maintaining a successful business. These are designed to attract new entrepreneurs and help existing ones stay afloat. Whether you’re starting out of college or looking for ways to grow an established company, these programs could be the key to success.

Today, India is the third-largest startup ecosystem worldwide. The country has over 100 unicorns and more than 60,000 startups operating within the country. This success can be partly attributed to the active support provided by the Indian government to startups and entrepreneurs through its various schemes and programs.

The success of small businesses is vital for economic stability and growth. The Government of India has launched several programs and schemes in the past few years that are customized for entrepreneurs and startups. These plans provide funding and other resources such as subsidies, grants, training, incubation centres, mentorships etc.

Here’s a list of some of the most beneficial startup schemes in India for aspiring entrepreneurs.

12 startup schemes in India – A list of government programs

1) The Venture Capital Assistance Scheme

Ministry of Agriculture and Farmers Welfare

Venture Capital Assistance is financial support in the form of an interest-free loan provided by the Small Farmers Agribusiness Consortium (SFAC) to qualifying projects to meet the short-in capital requirement for the implementation of the project.

Benefits:

Help in assisting  agripreneurs to make investments in setting up agribusiness projects 

Provides financial support for preparing bank Detailed Project Reports (DPRs) through the Project Development Facility (PDF).

Eligibility:

  • Farmers
  • Producer Groups
  • Partnership/Proprietary Firms
  • Self Help Groups
  • Companies
  • Agripreneurs
  • Units in Agri export zones
  • Agriculture graduates Individually or in groups for setting up agribusiness projects.

2) Support for International Patent Protection in Electronics and & Information Technology (SIP-EIT)

Ministry Of Electronics & Information Technology

SIP-EIT is a scheme to offer financial support to (MSMEs) Ministry of Micro, Small & Medium Enterprises and Technology Startup units for international patent filing to encourage innovation and recognize the value and capabilities of global IP along with capturing growth opportunities in Information and Communication Technology in Education (ICTE) sector. 

Benefits :

  • Financial support is offered for international filing in the Information Communication Technologies and Electronics sector.
  • The Reimbursement limit has been set at a maximum of INR 15 lakhs per invention or 50% of the total charges incurred in filing and processing a patent application.
  • The SEP-EIT scheme can be applied at any stage of international patent filing by the applicant.
  • Eligibility:

    Above 18 years old anyone can apply.

    3) Startup India Seed Fund Scheme

    The Startup India Seed Fund Scheme aims to offer financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialisation. 

    On February 5, 2021, the Government of India made an official announcement about the approval of the scheme. It has been approved for a period of four years and was implemented on April 1, 2021.

    >> How to apply for startup India seed fund.

    Startup India Seed Fund Scheme (SISFS) gives financial assistance to startups for proof of concept, prototype development, product trials, market-entry, and commercialization. 

    Eligibility:

    Eligible startups can apply for the scheme on the Startup India portal.

    4) MUDRA Yojana

    Launched in 2015, MUDRA Yojana comes under Pradhan Mantri Mudra Yojana (PMMY), a loan scheme provided by banks for individuals, startups, and business owners, across India.

    Under this scheme, a loan amount of up to Rs. 10 lakh is for those who want to start their own business or expand the existing business. The loan amount comes under three categories named Shishu, Kishor, and Tarun.

    Benefits:

    • Apex Refinancer.

    • MUDRA Architecture Indigenously Conceived for the Indian context.

    • Inclusion of Last Mile Financiers – a game-changing idea.

    • Help expand Access to finance for micro-enterprises.

    • Lower Cost of Finance.

    • Credit Plus Approach.

    • Mass Entrepreneurship Development and Growth.

    Eligibility:

    Any Indian Citizen, who is eligible to avail of a loan and has a business plan for income-generating activity,

    5) Qualcomm Semiconductor Mentorship Program (QSMP)

    Qualcomm, the mobile chipset manufacturing company, has partnered with the Centre for Development of Advanced Computing (C-DAC) to conduct the Qualcomm Semiconductor Mentorship Program (QSMP) in 2022 for startups that are working in the Indian semiconductor space sectors. 

    Benefits:

    Gives you the opportunity to connect with C-DAC, ISM ( MeitY), DPIIT, Invest India, and other government agencies. 

    Eligibility:

    Qualcomm Semiconductor mentorship Program is a first-of-its-kind initiative for semiconductor startups in India.

    6) Digital India Bhashini Scheme – Government Scheme of India

    Digital India Bhashini was an initiative that Prime Minister Narendra Modi launched along with a slew of other initiatives like Digital India GENESIS and Indiastack.global, to boost Indian startups, and to provide funds for startups in India as he declared Digital 

    India week 2022 in Gandhinagar on July 4, 2022. 

    The scheme aims to help startups and entrepreneurs with easy access to the internet and digital services in vernacular languages.

    Benefits:

    It will empower Indian citizens by connecting them to the Digital Initiatives of the country in their own language, thereby leading to digital inclusion and encouraging startups’ participation.

    Eligibility:

    Eligible for every citizen of India.

    7) Digital India GENESIS

    Digital India GENESIS is a scheme that Prime minister Narendra Modi launched on July 4, 2022. The “GENESIS” in the scheme helps “Gen-next Support for Innovative Startups”. This will empower national deep-tech startups. The total budget of this programme is disclosed, which is around Rs 750 crore.

    Benefits:

    Around 12000 post office branches in rural areas have been linked electronically. The Make in India initiative has offered the electronic manufacturing sector in India. The Digital India plan could boost GDP. 

    Eligibility:

    Its focus is to offer a one-stop search and discovery portal where users can find schemes that they are eligible for.

    8) India Water Pitch-Pilot-Scale Startup Challenge

    The government of India launched a startup challenge on March 12, 2022, which was declared by Union Minister Hardeep Singh Puri, where selected startups of India will get a grant of Rs 20 lakhs along with support and mentorship from the Ministry Of Housing And Urban Affairs, participate in this startup challenge, which aims to empower as many as 100 startups in the water sector.

    This scheme comes under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, Minister Puri declared that this initiative will help the water sector startups and lead them towards growth “through innovation and design that will drive sustainable economic growth and generate employment opportunities in the country.”

    Benefits:

    The 100 final chosen start-ups in the India Water Pitch-Pilot-Scale Start-up Challenge will be given a grant amounting to a maximum of Rs. 20 lakhs, in three tranches of Rs. 5 lakh and Rs. 7 lakh.

    Eligibility:

    All entities are recognised as start-ups by the Department of Promotion of Industry and Internal Trade (DPIIT).

    Start-ups must provide solutions in the above-mentioned thematic areas.

    9) Dairy Processing and Infrastructure Development Fund (DIDF)

    This scheme comes under the agriculture ministry  Narendra Singh Tomar was allocated a total amount of Rs 1.31 lakh crore in the 2021 Budget, which has been increased to Rs 1.32 lakh crore in the Union Budget 2022. 

    A fund consisting of blended capital that will be raised under the co-investment model will be facilitated through NABARD, which will finance the agritech startups and rural enterprises that are relevant to farming sectors and the Finance Minister of India.

    Nirmala Sitharaman further added that the use of ‘Kisan drones’ will see a new encouragement to farming sectors, facilitate effective crop assessment, digitization of land records, and the spraying of insecticides and nutrients required in farming.

    Benefits:

    The Scheme envisages providing loan assistance to State Dairy Federations, District Milk Unions, Milk Producers Companies, Multi-State Cooperatives and NDDB subsidiaries across the country who are termed Eligible End Borrowers (EEBs).

    Eligibility:

    The scheme is available for Milk Unions, State Dairy Federations, Multi-state Milk Cooperatives, Milk Producer Companies and NDDB subsidiaries.

    10) Loan For Rooftop Solar Pv Power Projects

    To build reliance on non-conventional sources of power, the government of India has decided to set up 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants in the coming five years. 

    These rooftop solar PV plants will be set up in residential, commercial, industrial, and institutional sectors in India and shall range from 1 kWp to 500 kWp in terms of capacity only. 

    Such rooftop plants are economically viable since they can produce electricity using solar energy at about INR 7 per kWh without any subsidy requirements. The government also offers a subsidy of 15% on these plants to the associations or individual companies, making the scheme even more lucrative. 

    Benefits:

    It is cheaper than the conventional electric supply and government subsidies also help bring the cost down. 

    Low maintenance charges are most rooftop solar systems have a life expectancy of up to 25 years and need only basic maintenance such as regular cleaning and repairs.

    Eligibility:

    Solar Loan eligibility criteria for salaried, and individuals.

    11) Modified Special Incentive Package Scheme (M-SIPS)

    The government of India has approved a special incentive package to boost large-scale manufacturing in the Electronic System Design and Manufacturing (ESDM) industry. 

    Under M-SIPS, the Indian government will offer a subsidy of 20% on capital investments in special economic zones (SEZs) and 25% on capital investments in non-SEZs for the individual firm. It also offers the reimbursement of CVD/excise on capital equipment for non-SEZ units. Reimbursement of central taxes and duties is also offered for high technology and high capital investment units.

    Benefit:

    M-SIPS offers a subsidy to invest in the expenditure of electronic goods manufacturing.

    Eligibility:

    The applicant is eligible to avail of this scheme if the investment ranges between one crore and 5000 crores based on the type of project.

    12) Samridh program

    The Government of India has launched the MeitY SAMRIDH Scheme and its main objective of the scheme is to provide funding support to startups so that they can become successful. Through this scheme, not only funding support but also skill sets will be offered to the entrepreneurs.

    Benefits:

    The SAMRIDH scheme will provide support to selected Accelerators for extending Accelerator Services as defined below to startups and even provide the first round of funding of up to ₹40 lakh (with an average of ₹ 30 Lakh per startup per cohort).

    Eligibility:

    To start a startup, it is mandatory for the entrepreneurs to be from the country of India.

    13) Aspire

    A Scheme for the promotion of Innovation, creativity, rural industries and entrepreneurship by the government of India and the Ministry of MSME

    It was launched to set up a network of technology centres and to set up incubation centres to accelerate entrepreneurship and also to promote startups for innovation, and creativity in the agro-industry.

    How to apply:

    The application can be sent to the Aspire Scheme Steering Committee of the Ministry of MSME. The Scheme Steering Committee will be responsible for complete policy, coordination, and management support. The Council will be chaired by the Secretary of the Ministry of MSME. And anyone above 18 can apply for the scheme. 

    Benefits:

    • Create new jobs and reduce unemployment.

    • Promote entrepreneurship culture in India.

    • Grassroots economic development at the district level.

    • Facilitate innovative business solutions for un-met social needs.

    Eligibility:

    The applicant has to be more than 18 years old with nationality being an Indian resident. 

    14. Digital India BHASHINI

    ‘Digital India BHASHINI’ seeks to enable easy access to the internet and digital services in Indian languages, which includes voice-based access and helps the creation of content in Indian languages. It was started by Prime Minister Narendra Modi at the inauguration of Digital India Week 1 2022 at Gandhinagar, Gujarat. 

    Digital India BHASHINI, as India’s Artificial Intelligence (AI)-led language translation platform, will enable vast citizen engagement to build multilingual datasets through a crowd-sourcing initiative called Bhasha Daan.

    Benefits:

    • It will empower Indian citizens by connecting them to the Digital Initiatives of the country in their own language leading to digital inclusion.

    • It will also encourage the participation of startups.

    Eligibility:

    It is for every Indian citizen.

    15. Atal Innovation Mission (AIM)

    Atal Innovation Mission (AIM), NITI Aayog is the Government of India’s flagship initiative to boost a culture of innovation and entrepreneurship in India and was started in 2016. 

    Towards this end, AIM has taken a holistic approach to ensure the creation of a problem-solving innovative mindset in schools and creating an ecosystem of entrepreneurship in universities, research institutions, and private and MSME sectors. 

    Today, all AIM initiatives are monitored and managed systematically using real-time MIS systems and dynamic dashboards. AIM is also presently having its programs reviewed by third-party agencies to ensure continuous improvements; this scheme is available for students from grades 6 to 10.

    Benefits:

    AIM’s objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, offering platforms and collaboration opportunities for different stakeholders, and developing an umbrella structure to oversee the innovation & entrepreneurship ecosystem of the country.

    Eligibility:

    Eligible Non-Academic applicants

    Summary 

    The Indian government promotes these schemes to help the present group of startups benefit from them but also motivating the entrepreneurs, startups, and youth from all domains, who tend to be independent, and strong in the world market and lead the vision of Atmanirbhar Bharat. 

    These initiatives have been introduced for the development of the Indian startup ecosystem in the country.

    FAQ’s:

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    Dream11 Story – India’s Best Fantasy Gaming App!

    Fantasy sport is what most young people are fans of today. With fantasy sports, sports lovers need not just to enjoy a game by being a spectator, but can also create an imaginary team (of real players) of their own choice and earn rewards or online cash when this fictional team performs well.

    Today because of the mobile and internet revolution, the fantasy gaming industry is booming in India as well. Dream11 was founded back in 2008 by two young founders Harsh Jain and Bhavit Sheth.

    Dream11 is an application that allows you to create imaginary teams of your favourite sport. The catch here is that the users can earn cash based on the match performance of the selected players on their teams.

    Moreover, Dream11 allows its users to play games in categories like cricket, football, kabaddi, National Basketball Association, and many other fun games.

    Dream11 ‘Jab Dream bada ho, toh koi akela nahi hota. Dream Big’

    Dream11 is one of India’s biggest Sports gaming platforms in India and successfully registered more than 140 million in 2021. Sports is a passion for many, and there are many who have very good knowledge of sports. Dream 11 is a platform that lets such sports fan use their knowledge and love for sports and earn profit. The platform has currently grown to over 13 Crore users.

    Dream Sports is a sports technology company whose people include brands including Dream11, FanCode, DreamX, DreamSetGo, and Dream Pay.

    Dream Sports is building a vision of ‘Make Sports Better’ into action by providing a variety of ways for fans to connect personally with the sports they love, including fantasy sports, material, commerce, experiences, and events.

    Dream11: How to register yourself

    For signing up for the Dream11 application you just need to do the registration process of the Dream11 app, then here are a few easy steps that you can follow to sign up:

    How to register yourself for the Dream11?

    • First, you need to download the Dream11 app on your mobile devices through the play store or app store.

    • Next, you need to register on the app with your mobile number or email id and then the OTP will send to you on your email or phone number provided by you.

    • Finally, you can select your match, create your personal team and start playing according to your previous.

    Dream11 – Industry

    The online gaming sector in India has undergone huge changes in the last few years. as Of June 2021  KPMG (Klynveld Peat Marwick Goerdeler) estimated the online gaming market of India to grow at a CAGR of 21% between FY21 and FY25, which will help the gaming industry achieve a size of Rs 29,000 crore.

    Besides, India’s fantasy sports and gaming industry is estimated to be valued at $3.7 billion by 2024 growing at a CAGR of 32%.

    The target audience of Dream11

    The target audience of Dream11 is sports fans and enthusiasts from 20 to 35 years of age. Furthermore, the company has disclosed the maximum transaction on the platform. The future of fantasy sports in India is certainly massive with new players.

    Dream11 – Founders and Team

    1) Harsh Jain (Co-founder and CEO)

    Harsh Jain is a graduate of the University of Pennsylvania and has an MBA degree from Columbia Business School. Before launching Dream11, he launched and led the acquisition of Red Digital (a social media agency) by Gozoop. He is currently the President of the Federation of Indian Fantasy Sports, and also being the Cultural Enforcement Officer (CEO) and Co-founder of Dream11.

    2) Bhavit Sheth (Co-founder and COO)

    Bhavit Sheth is an Engineer with an MBA degree from Bentley University (Boston) and did his Diploma in E-commerce strategies from Harvard. He co-founded Dream11 and is also the COO of the company. And also the Co-founder of Red Digital along with Harsh, which was acquired later on by Gozoop.

    Dream11 – How it Started / Success story?

    Harsh Jain and Bhavit Sheth, both childhood sports enthusiasts, co-founded Dream1. The Indian Premier League (IPL) was the incentive for the new fantasy sports industry to emerge in India. In a country with billions of cricket fans, Harsh and Bhavit thought of creating the company with the belief that sports fantasy leagues would become a profitable service opportunity in the country.

    In 2012, the company started its first freemium service; from there, the real journey started. They also asked out other investors for funding and invited them to join their venture.

    Dream11 – Funding and Investors

    Dream11 has notably raised funding from various famous investors including the Chinese giant, Tencent, which invested $100 million worth of funds through a Series D funding round in September 2018.

    On November 24, 2021, this funding round helped it raise around $840 million.

    On November 25, 2021, the company raised 9 rounds of funding to date to close at $1.62 billion. The last funding round was led by Falcon Edge, DST Global, D1 Capital, Tiger Global, and Redbird Capital, along with participation from TPG and Footpath Ventures.

    Dream11 – Mission and Vision

    The Dream11 vision primarily is to make fantasy sports a part of every sports fan’s life from fans to athletes, teams, and leagues to create an entrepreneur-led virtuous cycle of investment, innovation and wealth creation for all stakeholders in the sports ecosystem.

    Dream11 – Business Model / How does it Work?

    Dream11 does not earn revenue from the company through Google ads or other ad agencies. They make a profit by hosting fantasy games on their website and app. Early they were using Google AdSense, but soon they stopped doing so in order to provide their players with a simple and fast user experience.

    12% of Dream11 players participate in paying contests which go on websites and apps.

    this is important because converting a free player to a paying user is difficult and expensive. Dream11 supports all three types of gaming methods (freemium, premium, and private) which is for fantasy sports players to earn money.

    Dream11 – Revenue Model

    Dream11 generates revenue through entry-level fees from the participants who are taken for the paid contests. When the users earn on their real-time performance of the players, Dream 11 takes its cut, which means their shares account for about 15-20% of the total pool prize.

    Dream11 – Startup Challenges

    Legal challenges, particularly because of its similarity to gambling, which is a largely illegal crime in the country.

    Dream11 started its fantasy sports start-up with only a few thousand dollars, but it quickly expanded its business model and needed a series of angel investor investments.

    But later, the court ruled from their side. Fantasy sport is a game of skill & knowledge rather than chances and probabilities. But still, the game is not allowed in some states of India like Odisha, Assam, Telangana, and Andhra Pradesh.

    Dream11 – Growth and Revenue

    The Dream 11 worth has currently been estimated at around $8 billion, which was confirmed after the recent funding round worth $840 million on November 24, 2021.

    In March 2021 the company had quite a growth of 80% of the growth it showed before the pandemic, as reported.

    Dream11 – Competitors

    Dream11 being number one in its industry, there are around 60 other online gaming platforms operating in the same genre.

    Some of the other market competitors:

    • FanMojo

    • Mobile Premier League

    • Ballebaaz

    • HalaPlay

    • Gaming Monk, etc.

    Dream11 – Awards & Achievements

    • In 2018 dream11 collaborated with International Cricket Council (ICC), The Pro Kabaddi League (PKL), the world basketball League (WBBL), The international hockey Federation (FIH), and the British Basketball League (BBL) and released two new games Kabaddi and hockey the same here.

    • In October 2019 dream11 became the title sponsor of Super Smash domestic T20 tournament cricket by Newzealand cricket for 6 years.

    • Dream11 emerged as an official partner of Indian Premier League CID after funding 2.2 to billion dollars in August 2020.

    • In IPL 2021 dream11 promoted six new campaigns with the tagline ‘Team has to maja hai’ which celebrated the fandom of cricket.

    Summary

    Dream11 is the world’s most popular fantasy sports platform in India with more than 120 million people participating in fantasy cricket, football, kabaddi, basketball, hockey, volleyball, handball, and baseball and trying their luck in gambling.

    Dream11, a native Indian brand, let Indian sports fan participate in real-life athletic events and demonstrate their sports knowledge to earn cash. Dream11 is the flagship brand of a renowned Sports Technology company in India.

    FAQ’s on Dream11:

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    Top 10 Made In India Brands

    Swadeshi means ‘from our country’ , one of the first words that emphasize the importance of products that originated from the country. The word has huge importance in its name also because its history is traced down to the national independence movement when Indians boycotted foreign products to encourage domestic products in the country.

    Recently, we are surrounded by an excess of brands, most of which are dominated by brands from around the world. But, India is known for developing its own products, methods & tools for manufacturing almost every kind of product you can think of. Made-in-India products are currently generating a lot of buzz in the country and on an international level.

    Made In India

    For years policymakers of India have been debating how to give an impetus to manufacturing in the country and make India a Global Manufacturing Hub. Narendra Modi the Prime Minister of India, who within a matter of months, launched the ‘Make in India’ campaign to facilitate investment, foster innovation, enhance skill development, protect intellectual property & build best-in-class manufacturing infrastructure.

    This program has helped in reducing unemployment rate in India and increasing employment opportunities. The main aim of this initiative is to develop a domestic manufacturing base in order to reduce dependence on imports and protect national security. Nowadays, industries like electronics, automobiles, steel, chemicals, etc., have got huge growth due to this initiative.

    Check out these 10 Made in India brands

    1) Lakmé

    Industry:  Personal care and Beauty salon

    Founders: J.R.D Tata

    Products: Cosmetics, beauty products, and Salon services

    Parent:

    • Tata Group (1952–1998)
    • Hindustan Unilever (1998–present)

    Lakmé is an Indian cosmetics, beauty products, and Salon services brand, Today it is owned by Hindustan Unilever. The brand was named after the French opera Lakmé, which is the French word for goddess Lakshmi, who is renowned for her beauty.

    It was started in 1952 as a 100% Tata Oil Mills subsidiary. The brand got popular after Prime Minister Jawaharlal Nehru was concerned that Indian women were spending foreign exchange on beauty products and asked JRD Tata to manufacture them in India.

     In 1998, Tata sold its stake in Lakmé to Hindustan Unilever for ₹200 crores.

    Lakmé’s most selling products are coloured cosmetics products such as lipsticks, eyeliners and BB cream. In 2018, it launched its e-commerce platform.

    According to the Brand Trust Report, 2014Lakme was ranked 36th among India’s most trusted brands.

    As of 2021, Lakmé is also working in 485 beauty salons under Lakmé Lever. The company is the title sponsor for Lakme Fashion Week (LFW), a bi-annual fashion week which takes place in Mumbai, India.

    2) Royal Enfield

    Industry: Automotive

    Founders: Albert Eadie and Robert Walker Smith

    Products: Motorcycle

    It is an Indian motorcycle company with factories in Chennai. The company makes the Royal Enfield Bullet and other single-cylinder motorcycles in India. The brand was established in 1955 and is one of the oldest motorcycle companies in the country.

    In 1899, it started manufacturing a quadricycle called the Royal Enfield Quadricycle which was powered by a rear-mounted engine. It was early begun as a brand of the Enfield Cycle Company, a British manufacturing company, then produced the 500 cc bullets.

    It is a leading manufacturing company that manufactures bullets worldwide and was looking to upgrade its IT infrastructure using industry-leading solutions.

    The brand manufacturing plants are in Thiruvottiyur, Chennai, Oragadam Chennai, Sipcot Industrial plant, Chennai and Campana, Argentina.

    The tagline of Royal Enfield is “Jab Bullet Chale Toh Duniya Raasta De ” which is beautiful as it is a motorcycle that enjoys an overpowering presence as people have had to make way for it.

    3) ITC

    Industry: Conglomerate

    Founders: Sanjiv Puri

    Products:

    1. Consumer goods
    2. Apparel
    3. Education
    4. Hotels and Resorts
    5. Paperboards & Specialty papers
    6. Packaging
    7. Agribusiness
    8. Information
    9. Technology

    Cigarettes Imperial Tobacco Company of India’ also known as ‘ITC Limited ‘is one of India’s largest corporations. ITC has a history of over 110 years and is still successful in ruling the Indian market.

    The company has a very diversified business like fast-moving consumer goods (FMCG), Hotels, Cigarettes, packaging, paper boards and many more. Starting as a cigarette-making company and now running more than 25 huge brands, their journey is just remarkable.

    As of 31.03.2022  ITC is one of India’s foremost private sector companies with a Gross Sales Value of ₹ 90,104 crores and a Net Profit of ₹ 15,058 crores. ITC’s aspiration to be a model in sustainability practices is manifest in its status as the only company in the world, of its size and diversity, to be carbon, water and solid waste recycling positive.

    In addition, ITC’s businesses and value chains create sustainable livelihoods for more than 6 million people who represent the poorest in rural India.

    4) DailyObjects

    Industry: Tech and lifestyle brand

    Founders: Pankaj Garg

    Products: Electronics

    DailyObjects is a brand that manufactures electronic accessories. From amazing mobile cases to earphone holders, along with other lifestyle products such as tote bags, wallets, backpacks,etc.

    Pankaj The founder chose to quit his job and started working with his friend on a startup in 2009 called SalesDekho.com, a portal that listed companies giving discounts in Ahmedabad.

    He later converted the resources of SalesDekho.com into DailyObjects, which was launched in 2012 with a new vision of the brand. Initially, he would sell other brands’ accessories on his platform.

    However, he realised that having your own private label is very important for doing brand business. Finally, in 2014, he removed all brands from his online platform and started manufacturing and selling his own products of DailyObjects.

    5) Cafe Coffee Day

    Industry: Coffeehouse

    Founders: V. G. Siddhartha

    Products: Coffee, Tea, Pastries, Cappuccino, Smoothies

    Cafe Coffee Day (CCD) is an Indian cafe chain owned by Chikmagalur-based Amalgamated Bean Coffee Trading Company in India. This largest producer of Arabica beans in Asia grows coffee in its own estates of 12,000 acres and exports to various countries, including the USA, Europe and Japan.

    The first CCD outlet was established on July 11, 1996, in Bangalore, Karnataka. As of September 2014, there are 1640 outlets across 29 states of India. Cafe Coffee Day has also recently expanded outside India in Karachi, Vienna, Dubai and Prague.

    Today, the company is known for owning the plantations, growing the coffee, making the coffee machines and even making the furniture for its outlets.

    6) Old Monk

    Manufacturer:  Mohan Meakin

    Products:

    1. Old Monk Supreme Rum
    2. Old Monk Gold Reserve Rum
    3. Old Monk extra special XXX rare Rum
    4. Old Monk Deluxe XXX Rum
    5. Old Monk White Rum

    Old Monk Rum is an iconic vatted Indian dark rum, launched in 1954. It is a dark rum with a distinct vanilla flavour, with an alcohol content of 42.8%. It is produced in Ghaziabad, Uttar Pradesh and has a registered office in Himachal Pradesh.

    This brand doesn’t do any advertising anytime, its popularity depends on word of mouth and the loyalty of customers. However, in 2013 Old Monk lost its rank as the largest-selling dark rum to McDowell’s No.1 Celebration Rum and did a great marketing.

    Old Monk has been the biggest Indian Made Foreign Liquor (IMFL) brand for many years. Old Monk was ranked 5th among Indian spirits brands in Impact International’s 2008 list of “Top 100 Brands At Retail Value” with a retail value of US$240 million.

    7) Bharti Airtel

    Industry: TelecommunicationsFounder: Sunil Mittal(Chairman)

    Products:

    1. Fixed line telephone
    2. Mobile telephony
    3. Broadband
    4. Satellite television
    5. Payments bank
    6. Digital television
    7. Internet television

    Bharti Airtel Limited, also known as Airtel, is an Indian multinational telecommunications services company it also operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel offers 4G and 4G+ services all over India and 5G services in selected cities in the country.

    Now the brand offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology. It is the second-largest mobile network operator in the country and the second-largest mobile network operator in the world.

    Airtel was named India’s 2nd most valuable brand in the first-ever brand ranking by Millward Brown and WPP plc and the fourth largest in the world by subscriber base.

    8) Infosys

    Industry: Information technology Consulting OutsourcingFounder: N. R. Narayana Murthy

    Infosys Limited is an Indian multinational information technology company that offers business consulting, information technology and outsourcing services. The company was founded in Pune.

     Infosys is the second-largest Indian IT company and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.

    In 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization. Infosys is the third-largest India-based IT services company in 2014 revenues.

    On February 15, 2015, its market capitalization was 2,63,735 crores rupees, making it India’s sixth largest publicly traded company in the world. On March 31, 2014, Infosys had 890 clients in all over 50 countries including the United States, China, Australia, Japan, the Middle East and Europe.

     And keeping in sync with the youth, the brand offers apparel that cater to every fashion occasion of a young professional’s life. Aditya Birla Group’s Madura Fashion and Lifestyle is undertaking the company.

    9) Louis Philippe

    Owner: Madura hadd Fashion & Lifestyle

    Product: Men’s apparel

    Louis Philippe is a premium brand of men’s apparel originating from India.[1] It is a subsidiary of Madura Fashion & Lifestyle and the company also offers various quality designs under the guidance of Deepanshu Ranka and Saksham Jain.

    It is a division of the Aditya Birla Group and was founded in 1989. Named after Louis Philippe, King of France from 1830 to 1848, the brand is one of the largest apparel brands in India, as of 2018.

    10) Amrut Single Malt

    Amrut is a brand of Indian single-malt whisky, manufactured by Amrut Distilleries. It is the first single- whisky to be made in the country. Amrut (अमृत) or Amrit Sanskrit word which can be translated as “nectar of the gods”, “nectar of life”, or “drink of the gods”.

    Amrut Single Malt is an Indian liquor brand that gained an international level. It was credited as the world’s third-best single malt. It hides a fascinating story of the growth of a small liquor business founded in 1948 by Neelakanta Rao Jagdale ambitiously transforming it into a worldwide famed whisky company by 2009. The liquor is distilled and brewed at the Amrut distillery in Bangalore, India.

    Summary

    Over the past few decades, there has been a trend to boycott Chinese products in India. Our Prime Minister has also given the slogan “Vocal for Local” to the country. It means that Indians should prefer Indian brands only over others international brands.

    India is a country that creates or manufactures the products that are going international today. Indian Brands are no less than other brands across the world. The world looks at India as a vast market for Indian Brands and in this article, we mention the top 10 Made in India brands.

    FAQ’s

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    Top 10 Most Inspiring Indian Young Entrepreneurs: 2022/2023

    Some of the youngest entrepreneurs in India have proved that age is just a number when it comes to knowledge, creativity and innovation. These entrepreneurs have achieved great success through their innovative ideas. Entrepreneurs find opportunities, but great entrepreneurs create opportunities for themselves.

    Here are just a few young entrepreneurs making a difference in India. These enterprising youngsters have started their businesses and are working hard to make them successful entrepreneurs.

    Here are the top 10 young entrepreneurs in India

    1) Trishneet Arora:

    Founder of TAC Security Solutions

    Trishneet Arora is 29 years old and one of the young entrepreneurs in India, who is also known as an ethical hacker. He is the founder as well as CEO of TAC Security Solutions. His company helps in preventing and investigating cybercrimes.

    He learned the skill of ethical hacking as a teenager after dropping out of school. He is also a writer of a book about it called “The Hacking Era.” Soon after, he began working for the Indian police on cybercrime cases, and the Punjab police approached him to deliver a training session on cybercrime investigation and forensics.

    He is a self-made entrepreneur, who started by taking up small projects such as fixing computers and cleaning up software. Today, his venture serves numerous companies in the world such as Bharti Airtel, HDFC, National Payments Corporation of India, DHFL Pramerica, Reliance Industries etc.

    His name is in the Fortune 40 Under 40 2019 list of India’s Brightest Business Minds. He was also listed in Forbes 30 Under 30 2018 Asia list. Last year’s net worth was $ 5million.

    2. Naseema Arewale:

    Founder & Director of Jogan Naari

    Naseema Adewale is popularly known for m/s wonder women events. He is an entrepreneur with an office registered in Goa. The company carries out its various operations from Goa.

    A young entrepreneur, property developer by profession, and fashion enthusiast, Ms Naseema Arewale founded Jogan Naari in 2022.

    The brand specialises in clothing and accessories, serving customers in India and in international countries like the UK, the USA, and UAE. The organization has 25 members, including artisans, operation, execution, sales & marketing team.

    The company’s mission is to create something different with the help of the Indian tradition by creating a blend of multiple cultures for our New-Age Naari.

    3. Advait Thakur: 

    CEO and founder of Apex Infosys India.

    Advait Thakur is a computer programmer and 19 years old Teenage Internet entrepreneur who launched his first website at the age of 9. Apex Infosys India is involved in AI, ML, and IoT sectors and offers digital solutions.

    Being an exceptional leader and innovator, he holds the 4th rank in Wikia’s Young Entrepreneurs Under 20 List of 2017. Apart from being a successful young  entrepreneur, multi-talented and all-rounder, he also works with Google’s AI and Cloud platform and is a Google, Bing, and Hubspot certified professional. As of 2021, he is paid 2.5 to 3 Crores. Beyond that, he is actively involved in social causes and has worked with NGOs such as the Satish Haware Divyang Center and the Beautiful Tomorrow Foundation.

    4. Vikrant Parashar:

    Founder of Arkastha.

    Vikrant Parashar is the founder of the world’s first online portal for solar solutions, Arkastha Solar. The firm has a comprehensive platform for solar solutions that covers design, delivery, installation, testing, and maintenance.

    Vikrant knew that energy needs could only be met with environment-friendly solutions. His vision is to boost solar energy usage by providing consumers with the deliverables’ convenience through a straightforward process.

    He passionately believes in providing clean, green electricity not only in urban places but also in remote areas of India. He has also stood out from the rest of the solar power industry because they are the World’s first online solar solution portal.

    Using solar platforms like Arkastha has various benefits that the customer can avail of. Subsidies are provided, and tax benefits, depreciation benefits, and feed-in tariffs are the benefits the customers can look forward to when getting an excellent professional solar energy plant in place with the help of Arkastha.

    5. Alkansh Pandey:

    Founder of WRA Global.

    Squadrons Security Services is one of the leading Security companies with a team of well-trained professional workmen dedicated to offering quality Guarding watch and ward Services and committed to redefining standards and providing its customer’s professional services of the highest quality.

    The company strives to live up to the motto “YOUR SAFETY IS OUR PRIORITY.”

    Their services include –

    • Guarding Security Services

    • Security Consultancy

    • VIP Mobile Squad

    • Personnel and residence Security

    • Armed Guards and Revolver man services

    • Surveillance Security

    6. Tilak Mehta:

    Founder of Papers n Parcels

    Tilak Mehta, 16 years old young entrepreneur of India and is the founder of an app-based courier service in Mumbai known as ‘Papers n Parcels’, which is a digital courier company that provides one-day parcel services, collaborating with the Mumbai Dabbawalas.

    This courier service was to ensure the same-day delivery of goods to more than thousands of people at a lower cost within the region of Mumbai.

    Papers N Parcels is a company that provides door-to-door pickup and delivery services for about everything, starting from a pen to all of your important things. On a daily basis, it delivers roughly 1200 parcels to their destinations on the same exact day.

    7. Sreelakshmi Suresh: 

    Founder Of: eDesign, TinyLogo.

    Sreelakshmi is so talented that she developed her first website at the age of 6. She even designed the website of the school she was studying at eDesign, her company which she founded in 2009, at just 11 years old.

    She has received many awards as recognition for her talent. Apart from eDesign, she has also founded TinyLogo company. Her company offers services in web design, SEO, and other fields to many popular brands. Today she is 23 years old and one of the Young Indian Female Entrepreneurs.

    8. Farrhad Acidwalla: 

    Founder of :Rockstah Media and CYBERNETIV DIGITAL

    Farrhad Acidwallabegan his venture at the age of 16 with just Rs.500; he borrowed this money from his father. He took this Rs.500 to purchase a domain name, and with this, he started his own company, He is the founder of the famous web-development firm called Cybernetive Digital and Rockstar Media.

    Now, he is 27 years old and is working with numerous international companies and influencers. His organization helps companies in advertising, web improvement, marketing, and branding.

    Indian entrepreneur, investor and TEDx speaker. He started off as one of the world’s youngest entrepreneurs and is popularly known as the founder of Rockstar Media.

    9. Suumit Shah 

    Founder & CEO of : Dukaan App

    Net worth: $3.75 billion

    Suumit Shah is a 30 years old entrepreneur who started Dukaan app, a DIY platform that allows merchants with no programming experience to set up an e-commerce business using their smartphone.

    The platform was launched in just over 48 hours, and millions of merchants have since started selling online using the Dukaan app. His net worth as of 2022 is $3.75 billion.

    Earlier, he was working at his uncle’s small store before pursuing an engineering degree. He studied web design and web programming with his college roommate while pursuing a degree.

    He started this business with his current CTO Subhash Chaudhary. Today, Summit Shah is one of the most successful young entrepreneurs.

    10. Divya Gandotra Tandon:

    The Director and founder of Scoop Beats Ltd. Pvt.

    Divya Gandotra Tandon is a well-known 19 years old tech Youtuber and female entrepreneur. She is currently pursuing a Diploma in Computer Science and Engineering from the Prince Institute of Innovative Technology (PIIT), Noida, India.

     In 2019, she started her own media company  Scoop Beats Pvt. Ltd. It has +90,000 active Audiences. Divya is also an Instagram Influencer with more than 20,000 active Audiences.

    She has received the Entrepreneur Young Achievers award in Delhi and the Incredible Indian Icon award in Indore. As of 2022 her net worth of $ 1 million.

    Summary 

    Some young Indian entrepreneurs will surprise you as they have broken society’s stereotypes and built successful businesses and those come under young entrepreneurs in India under 30. This article introduces you to the top 10 most inspiring young Indian entrepreneurs of the year 2022.

    They have fostered the nation’s economy with innovations and perseverance, never shied away from pushing the boundaries of their comfort zone and constantly stepping towards growth and success as entrepreneurs.

    FAQ’s:

    Must read articles:

    – Role of e-commerce in today’s world and its impact

    – Are Customers Always Right & When a customer isn’t right, what can you do?

    – A Successful Organization & How To Become One?




    Top 15 Solar Companies In India 2022

    India, with its massive economy and a significant population of over 1 billion, has always faced a shortage of energy. Even though the country is among the largest producers of electricity in the world, it has yet to be able to meet the electricity requirements of its increasing population.

    Currently, almost 53% of India’s energy requirements are met with coal; going by the predictions, the coal reserves of the country will not last beyond 2050. It is high time India moved to renewable ways to feed its population its fair share of electricity.

    Solar power companies in India are one of the country’s fastest-growing sectors, with the top 15 solar companies in India dominating the market by expanding their sales across the country and spending extensively on R&D.

    Furthermore, due to the country’s geographical location in the tropics, the solar power sector in India offers massive opportunities for rapid growth in solar energy and solar panel manufacturer in India.

    The country gets more than 5000 trillion kWh of yearly radiation, which, if harnessed by the best solar companies in India, will provide a significant quantity of electricity.

    Solar energy companies in India

    They have emerged as the most viable and environment-friendly option for India to manage the energy requirements of one and all including the 50% of its rural inhabitants who still live without electricity. A typical solar system is very easy to set up and just install solar panels correctly in order for it to work.

    Nowadays people are already aware of its benefits and are really quick at setting their properties up with solar systems; in fact, the utilization of solar energy in India is nothing new and has existed in select locations for a long time now. However, here are the four main components that work in a solar energy system.

    The Solar Energy System consists of 4 main components that work on a solar energy system.

    • Solar Panel

    • Solar Inverter

    • Solar Battery

    • Panel Stand, and

    • Solar Panel Installation Accessories

    Solar Energy Systems are of different types and can be used as per your requirements and location. There are 2 types of Solar Energy Systems are:

    • Solar Panel with Battery (Off Grid Solar System)

    • Solar Panel without Battery (On Grid Solar System)

    1) Tata Power Solar System Ltd

    This company’s expertise in solar energy services. Founded in 1989 and led by Mr Ajay Goel, Tata power offers worldwide services. It is headquartered in Noida. Tata Power Solar Systems Limited, known as Tata BP Solar.

    The company manufactures solar modules, cells, and other solar products, and offers EPC services for solar power projects. This company deals with rooftop solar panels for homes and other industrial places.

    Tata Power Solar System Ltd has done the rooftop installation of solar panels in the Cricket Club of India (CCI), Mumbai stadium. It’s been claimed that it is the world’s largest solar rooftop in any cricket stadium.

    In February 2017, Tata Power Solar became the first Indian company to ship over 1 GW of solar modules across the globe. The company’s manufacturing unit in Bangalore has a production capacity of 400 MW modules and 300 MW cells in India.

    2) Plaza Solar

    Based in New Delhi, Plaza Solar is a company that best buys solar panels for homes at affordable prices in India. Its solar PV module factory has one of the most technologically equipped facilities in its firm.

    They have an ISO 9001-2008 certified manufacturing facility in Katha, Baddi, Solan (HP) that generates 50MW of electricity annually.

    The power output of the solar PV modules ranges from 3 Wp to 400 Wp and are all IEC and MNRE certified. Plaza Power & Infrastructure places a high value on ensuring that every one of its clients is completely satisfied.

    3) Vikram Solar

    Vikram Solar was founded in 2006 by Gyanesh Chaudhary as a manufacturer of solar modules since the time it moved into procurement, Engineering, construction management, and solar power plant operations & maintenance. This company is a manufacturer of solar modules.

     It has now also moved into engineering, construction, procurement, and solar maintenance. In 2015 the company built the first floating solar power plant in India.

    Bloomberg New Energy Finance listed the company as India’s only Tier 1 module manufacturer in February 2014.

    Today, they’re having around 750 MW of projects in India and other countries. The firm is regarded as a Tier 1 PV module producer due to its commitment to the highest levels of quality. The company crossed the 3GW capacity of supply in July 2021. In the USA, they supplied 4.3 MW of solar panels installed on the farm.

    4) Emmvee Group

    Emmvee group company is one of the leading floating solar structure manufacturers in India. Founded in 1992, the company is led by Mr D. V. Manjunatha. It is located in Bangalore, India and provides services worldwide.

    Since its start, Solar Water Heating Systems and Photovoltaic Modules have been the cornerstones of the business. The solar panel market in India, Europe, Africa, and the Middle East and doing business with them. The company has set up a number of manufacturing sites in Karnataka to produce top solar panels only at affordable prices in India.

    5) Loom Solar Pvt. Ltd.

    Loom Solar Pvt. Ltd. is a mon perc solar panels and AC Module manufacturer based in Haryana having a manufacturing capacity of 100 MW. The company founded in 2018 has become one of India’s fastest-growing solar panel manufacturers because of a wide range of solar panels from 10 watts to 450 watts super high-efficiency panels.

    Loom Solar was the first company in India that came up with Mono perc Cell Technology for Residential Home Owners and In 2020, it has brought suer high-efficiency module SHARK 430. The latest module comes with 9 Bus bars and a half-cut cell design, giving Solar Buyers 20-30% more efficiency than traditional Polycrystalline solar panels.

    6) Waaree Energies Ltd

    Waaree energies private limited is the best manufacturer of solar modules across the country. They also give other specifications and try to meet the demands of the customers. The company was founded in 1989.

    Among other leading solar players in India, Waaree Energies is an Independent Power Producer and a provider of EPC services, development of projects, rooftop solutions, and solar water pumps. Waaree provides service in 20 countries across the world.

    As the parent business of the Waaree Group, the company has its headquarters in Mumbai, India, it has India’s biggest solar panel production capacity of 2 GW.

    7) Surana Ventures Ltd

    This company provides height solar PV modules with the best and most affordable pricing. It is one of the top manufacturers of solar photovoltaic modules in India. The company also handles MW-scale power projects on a turnkey basis by the EPC team.

    Surana Ventures Ltd was founded on November 8 2006. The company has undertaken backward integration by way of installing 35 MW PV Cell line from Germany at a cost of Rs 90 crore. Also, the company has undertaken the installation of a fully automated Solar Module Plant at a cost of Rs 10 crore. The company has already placed orders for 35 MW Cell line and the work relating to the provision of auxiliary facilities including the construction of buildings is in progress.

    The company has planned for 30MW Power Projects in Karnataka, Andhra Pradesh, and Tamilnadu. Grid-Connected Solar Power Plants of 5MW each have been installed in the states of Gujarat and Telangana in India.

    8) Alpex Solar

    Alpex solar is based in New Delhi, but they also have offices in Jaipur, Ludhiana, and Mumbai, as well as a subsidiary in Seoul and Sydney. Alpex, established in 1997, is an international trading house with a varied portfolio of specialised products at the forefront of sustainable technology.

    Alex is a global player in the manufacture of highly specialized high-power photovoltaic modules and solar systems which are not only world-class but also affordable. A strict Quality Control System is applied to ensure 100% qualified modules are delivered.

    Alpex Solar applies two stages (before & after lamination) of 100% EL test to filter out modules with micro-crack and other critical defects.

    9) Moser Baer solar company

    The company was established in 1983, the company is based in New Delhi, India. It has successfully made its name in the solar panel market in a very short span of time. Moser Baer solar limited and Moser Baer India Limited are subsidiaries of the Moser Baer solar group of companies. It has 5 investors including Morgan Stanley and CDC group as well.

    The company wants to give a comprehensive overview of solar cell manufacture which are Solar modules, monocrystalline panels, multi-crystalline modules, mono PERC solar panels, solar tiles, and roof shingles, and those are some of the best products of the Moser Baer solar company.

    10) Websol Energy System Ltd

    Websol energy system Ltd is the leading producer of solar modules for the industry worldwide. This photovoltaic company has had around 30% of annual growth in recent years. It was started in 1994, Websol has consistently offered its customers across the globe high-quality goods manufactured in a state-of-the-art integrated production facility in Falta, West Bengal.

    Websol Energy is one of the few technologically autonomous makers of solar cells and modules in India. It has got various medals and accolades. In order to achieve the most demanding international quality needs, Websol crystalline PV modules are produced under tight technical criteria.

    11) Photon energy system Ltd

    The company works not only with solar panels but also in the renewable and environment-friendly sector. Gautham Nalamada was the founder of the company in 1995.

    Solar PV modules, solar lanterns,  solar water pumps, solar street lights, solar rooftop power plants, solar megawatt power plants, and solar water heating systems are all part of the company’s three main verticals. It is also one of the fastest-growing and biggest companies in India.

    12) SWELECT energy system Ltd

    SWELECT energy system Ltd also has a strong image in the global market of solar modules. Within 37 years of hard work and dedication and with failures and successes, this company still is on the list of the topmost companies in India.

    The company is recognized as a Tier-1 Solar PV Module Manufacturer’. SWELECT energy system Ltd also got certification from the Bureau of Indian Standards (BIS) for Solar Photovoltaic Modules having high-efficiency, affordable PERC modules.

    SWELECT has main strength is technical expertise that is backed by state-of-the-art manufacturing facilities. It has a team of professionals to meet the demands of its customers through constant technical innovation, extensive knowledge, and a customer-centric approach.

    13. Premier Solar System Pvt Ltd

    It’s one of the oldest companies in India. It was founded in 1995. They believe in renewing the today and reimagining the tomorrow by offering poly crystalline Pv plaza solar panels and other products and services.

    They made about 3 WW plants in Dehradun in 2017 which proved to be a great success for them. The company has acquired ISO 9001-2008 from IEC 61215 Ed 2, TUV SUD Germany, European Solar Test Installation, Ispra, Italy, and BMQR’s ISO 14001:2004 certificates.

    With a five-year growth rate of 100% and several National Awards for Excellence in Performance, Entrepreneurship, and Exports, you can buy Solar panels prices in Delhi for your home from this company.

    14. Jupiter solar power Ltd

    The company works in integrative solar power installation projects in India. It produces effective photo voltaic and polycrystalline modules in the country. Its cells are regarded as comparable.

    It manufactures the best quality and high-efficiency affordable photovoltaic poly-crystalline solar cells.  Today it has a capacity of 434 MW. Jupiter’s average efficiency is 18.80 %.

    Jupiter’s facilities and Integrated Management Systems are certified with ISO 9001:2008; ISO 14001:2004 and OHSAS 18001:2007 by (ICS) International Certification Services for Quality Management Systems, Environmental Management Systems and Occupational Health and Safety Management Systems. The cells are graduated by DEUTSCHER KALIBRIERDIENST.

    15. Goldi Green

    Among Goldi’s biggest achievements is the certification of its solar modules for a huge range of geographic and climatic situations. Their high-efficiency and temperature-controlled solar panels can offer their best results even under the harshest sunlight.

    With a manufacturing capacity of 10 megawatts in 2011, The company has grown into one of the fastest-growing solar PV module producers. More than a dozen nations now import Goldi’s goods, a testament to their high quality, reputation and affordable. The company’s production capacity was up to 500 MW, and they want to expand it to 1 GW by 2019 as of 2017.

    Summary

    Solar manufacturers are already successfully running all over the world. And because of that, solar companies won’t have a hard time looking for a manufacturer that they can trust. It’s even better news that solar companies are abundant in Asia, especially in India.

    So, if you are in a solar installation business based in India, then you don’t have to worry about getting out of the country to find a manufacturer for their needs. You already have top companies in your own country. In this article here are the top 15 solar companies in India in 2022.

    FAQ’s:

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    Top 10 Edtech Companies In India Transforming The Education In 2022

    Education in India has been challenging after covid-19. A large section of the population lives paycheck and hence does not have the funds for schooling. Instead of just getting a degree, individuals focus on upgrading their skills.

    Moreover, although schools and colleges are important, the skills they don’t teach us are just as functional. Hence, there exists an industry-academia gap in India’s education system. We should be thankful, EdTech companies in India are trying to fill this gap by making quality education accessible to all.

    Educational technology commonly known as edutech, or edtech combines computer hardware, software, and educational theory and practice to facilitate learning.  Basically EdTech, a combination of “education” and “technology” refers to hardware and software designed to enhance the teaching-learning process in classrooms and improve students’ education outcomes.

    EdTech is still in the early stages of its development, but it shows promise as a method of customizing a curriculum for a student’s ability level by introducing and reinforcing new content at a pace the student can manage.

    Ed Techpractical educational experience, educational technology is based on theoretical knowledge from various disciplines such as communication, education, psychology, sociology, artificial intelligence, and computer science.

    Here are the top 10 edtech companies in India

    1) Byju’s

    Founder: Byju Raveendran

    Byju Raveendran, founder of the Byju Learning Application. He is a former teacher who further turned into an entrepreneur. It all started with a coaching class and has now developed into one of the top EdTech companies in the world. He launched his Education Technology company under the name of Byju (Think and Learn Private Ltd.) in the year 2011 with the tagline “fall in love with learning”, with the help of some of his students who had just graduated from IIMs goal of creating educational content for students.

    He started his coaching class with just a sum of Rs 2 lakh. Byju began with an online video-based learning program for CAT and this was the first time that Byju included technology in teaching in the year 2009.

    His method of coaching was so famous that there was a time when Byju Raveendran had more than 20,000 students over the different states including Mumbai, Delhi, Pune, Bangalore, and Chennai.

    BYJU’s – The Learning App, his flagship product for school students which would help and guide students gain access to the educational material that Byju has to offer and can provide.  It took 4 years to build this learning mobile application.

    The learning app also coaches and provides for CAT, the National Eligibility and Entrance Test (NEET), the civil services examination, the Graduate Management Admission Test (GMAT), the Joint Entrance Examination (JEE), and the Graduate Record Examination (GRE).

    The aim of the learning App was to provide online coaching to 4th to 12th-class students. Byju tried to make it successful as well as interesting.

    BYJU Learning Mobile App became so famous that its number of students was increasing.  His Learning App had more than 3.50 lace annual subscriptions that use the learning app for an average of 40 minutes a day and moreover 6 million downloads. Byjus’ mobile application has a reach of more than 2000 metros and students from smaller towns of e India wherein accessibility remains a struggle.

    BYJU’S Learning App is the largest education company in India that provides highly effective, engaging, and adaptive learning programs and sections for students in classes 4-12. The educational app also provides competitive exams like CAT, IAS, JEE, NEET, GRE, and GMAT.

    BYJU’S learning App has become the most preferred education mobile application for students over any age group. The BYJU’S learning app makes use of higher animations, engaging videos, interactive simulations, original & simple content, and lessons from India’s best teachers.

    The Learning App is replicating and forgetting soon after the exam. It is about breaking the vicious cycle of memorizing and learning. The app-based model has various advantages.

    2) Unacademy

    Founder: Heemash Singh

    Co-Founder: Sachin Gupta, and Gaurav Munjal

    Unacademy was launched as a YouTube channel in 2010, Unacademy is s a popular e-learning startup and one of the leading edtech companies in Bangalore (India). In 2015 the YouTube channel was shifted to an online learning platform and you can still find many videos on Unacademy’s YouTube Channel.

    Unacademy has offered lectures to more than (3 million) students to date. Today Unacademy comes among the top edtech companies in India. It has tied up with some of the most experienced teachers as tutors. You will find over 2400 online courses, which are free. However, you may have to pay for the certification courses.

    Unacademy has a goal of providing free education for everyone.

     It has firms in numerous fields like banking, CA, CAPF, UPSC, CLAT, CAT, JEE, pre-medical and many more. The video lectures are available in various languages and students can follow tutors to get direct courses.

    The Unacademy Plus Subscription provides students access to live courses across the country in English and 14 Indian languages, including Hindi, Punjabi, Telugu, Tamil, Malayalam, Marathi, Bengali, Gujarati, Bhojpuri, and many more.

    In 2020, Unacademy launched Graphy, which helps creators launch their online schools in under 60 seconds. In May 2022, Unacademy started its first offline learning centre in Kota, Rajasthan.

    3) iQuanta

    Founder: Indrajeet Singh

    iQuanta is a leading e-learning platform for MBA and other verticals which offers highly adaptive, engaging and effective learning programs for aspiring students. iQuanta was first started in 2016 and today, since its inception, has built a community of 6 lakh+ students from all over the world with 10,521 + IIM calls and 1000+ IIM converts in just 6 years.

    iQuanta aims to revolutionize education through a whole new way of the e-learning process. iQuanta is now expanding into other segments, including Government and Banking exams, Study Abroad and UPSC, etc.

    Mr Indrajeet Singh the founder and CEO of iQuantais one of the top 5 young Indian Entrepreneurs. His original shortcuts and unconventional methods earned entitled him the “Wizard of Quants”. iQuanta aims at providing quality education accessible to anyone willing to appear for competitive exams and affordable prices.

    4) TrainerCentral

    Parent Company – Zoho

    TrainerCentral is a Zoho application that aims to transform the way people teach online. The platform offers a 15-day free trial to help explore it. This online training platform empowers solopreneurs, edupreneurs, and anyone who wishes to share their expertise with learners across the globe.

    The platform offers the tools to help trainers build a fully equipped online training business with various integration capabilities. Trainers can create their own  Ed tech websites, upload content, create course curricula, host live classes, manage learner communications, and certifications, collect learner fees, etc, on one unified platform.

    Trainers and learners alike have advantages from the built-in live classroom feature with chat and payment gateway integration options across the globe are thrilled with TrainerCentral, as demonstrated by its steady MOM growth of 30%.

    5) UpGrad

    Founders: Ronnie Screwvala, Phalgum Komapalli, Mayank Kumar, and Ravijot Chugh

    UpGrad is an online edtech platform that provides higher education programs and courses. It provides a massive learning experience through using the latest technology that powers well-designed courses.

    Founded in 2015, the upGrad is India’s largest online higher education firm that provides programs in  Management and Law, Data Science, Technology to students, working professionals, enterprises, and many more.

    Every program is designed and delivered in collaboration with top universities like the MICA, IIT Madras, NMIMS Global Access, Jindal Global Law School, Duke CE, Deakin University, Liverpool John Moores University and many others.

    upGrad has established its position as the leader in Indian edtech. upGrad has on-boarded over 40,000 paid learners while impacting more than a million individuals, worldwide.

    IIIT Bangalore and upGrad’s collaborated program of the PG Diploma in Data Science is India’s first-ever PG Diploma to be suggested and validated by the National Association of Software and Services Companies (NASSCOM) and government-approved National Occupational Standards (NOS).

    upGrad got the ‘Best Education Brands’ award by Economic Times in 2018, Most Innovative Companies in India’ by Fast Company in 2017 and has made it to LinkedIn’s ‘Top 25 Startups’ two years in a row in 2018 and 2019, and 1st position in 2020 and also comes in top 10 ed tech companies in India.

    6) Next Education

    Founder: Raveendranath Kamath, Beas Dev Ralhan

    Next Education is a Hyderabad-based learning website founded in 2007 and caters to K-12 students through its technology-based education solutions for candidates.

    Next Education provides products such as TeachNext, LearnNext, MathsLab, ScienceLab, and EnglishLab. These are the products used by around 6,000 schools in India.

    The study material and products are designed for the syllabus of CBSE, ICSE, and 23 state boards in 8 major Indian languages in India. The next Ed-tech platform is based on Linux and open-source resources.

    Next Education on the app includes 2D and 3D graphics, interactive content of international standards, voice-overs, clear sound, and an innovative course design that is easily accessible through an inbuilt IR remote. The company has invested over Rs. 400 crores and around Rs. 30 crores in R&D alone.

    7) Leverage Edu

    Founders: Akshay Chaturvedi and Aman Arora

    Leverage Edu was founded as a college admissions platform and has now grown to be a full-stack marketplace within a year. Leverage Edu was founded in 2018.

    The platform uses an AI tool to help students in their careers through mentorship products, end-to-end college admission guidance, programs to help them become first job-ready, and advisory for multiple career streams.

    Leverage Edu has a team of over 600 employees. The company hosts over 7.5 Million students every month, who gets access to 350+ University partners, the AI Course/Job Finder, the virtual fair platform UniConnect, the tutoring platform LeverageLive, as well as its mobile app across iOS and Android which has a community of 200,000+ & includes daily shows at Leverage TV,  and a 3000+ strong mentorship network.

    The company provide a ₹7 Crore scholarship fund for students & an initiative called Padho India that aids basic education for an underserved student for every applicant on their platform.

    The company is quickly expanding & opened a UK office in 2021, & its Nigeria operations in 2022. LeverageEdu now serves over 4000 pin codes within India across 823 cities and towns, making it the largest platform in the Ed-tech. The LeverageEdu brand was a sponsor of MTV Roadies this year.

    8) NoPaperForms

    Founder: Naveen Goyal

    NoPaperForms is a SaaS-based enrollment automation solution startup that aims to transform the admission process in educational institutions in India and worldwide.

    The platform helps institutions expand their outreach capabilities, enhance recruitment efforts, expand customer service offerings, and improve end results. The complete process is 100% transparent.

    NoPaperForms is serving 750+ customers, a choice for anyone in education, looking to grow be it Preschool to 12, Higher Education to Online Degrees, Coaching & Training Institutes to EdTech.

    NoPaperForms has partnered with around 190 institutions and claims to have handled 350k+ queries. It has received more than 1.2 million applications and has grown by around 500% in a year’s time to Rs 100 crores and this valuation was achieved after NoPaperForms raised its Series B funding in December 2018.

    9) Quizizz

    Founders: Ankit Gupta, Deepak Joy Cheenath

    Quizizz is an interactive teaching platform that lets its candidate conduct student-paced formative assessments in an engaging manner for students. The website can be managed on any smart device.

    The platform combines education and game-design elements and helps teachers turn students’ homework and tests into self-paced games. Then there is the option of instant feedback as well. Teachers can use their own content or choose from millions of educator-created quizzes for their teaching.

    Quizizz’s aim is to motivate students and play a part in their growth. Quizizz has over 10 million users and its solution is well-adopted in US-based schools.

    10) Coursera

    Founders: Andrew Ng, Daphne Koller

    Coursera Inc. is a U.S.-based huge online course provider founded in 2012. Coursera works with universities and other organisations to offer online courses, certifications, programs and degrees in a variety of subjects.

     In 2021 it was estimated that about 150 universities offered around 4,000 courses through Coursera. Coursera is another education platform that provides a variety of courses.

    The USP of Coursera is the experienced professionals it hires, making it one of the leading ed-tech startups in India. Coursera gives you highly experienced people from around the world. Just like Unacademy, you can watch the videos of some courses and problems for free but you will have to pay for the certifications and assignments.

    According to ‘Coursera Impact Report 2020’, the top five most popular courses people learn from Coursera are contact tracing, digital marketing, project management, Python programming, and social psychology.

    The Indian Edtech Market:

    India’s ed tech industry is growing extremely and is estimated to reach $10.4 billion by 2025 with 37 million paid edtech users. It has seen a rise in the growing request for nonacademic courses in second-and third-tier cities and the demand for customization in the edtech industry.

    Over the past five years, the sector has raised about $4 billion in private investment, bringing in global edtech leaders such as Byju’s, Unacademy, upGrad, and more. With a market size of $700 million to $800 million in 2021, the edtech industry is expected to become a $30 billion industry in the coming years driven by burgeoning demand and emerging business models.

    Summary

    Edtech is basically education technology is technology dedicated to developing and applying the tools in the classroom to create a more engaging and individualized learning experience for students. The goal of EdTech is to improve student outcomes, enhance their learning abilities and reduce the teaching burden on instructors. In this article, we have maintained the Top 10 edtech companies in India transforming education in 2022

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