India: The 3rd Largest Auto Market in the World

Last year in 2022 India surpassed Japan in new auto sales, making it the third-largest market for the first time, Nikkei Asia reported. The year 2022 saw India sell 4.25 million units of new vehicles, preliminary results show, 4.2 million units were sold in Japan.

The Nikkei Asia, whose business portfolio includes publishing, broadcasting and the Nikkei 225 stock index, stated easing chip shortage helped top auto companies in India like Maruti and Tata Motors record a boost in sales in 2022.

“New vehicles delivered in India totalled 4.13 million between January and November 2022, according to the Society of Indian Automobile Manufacturers. Adding December’s sales volume reported by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 million units.”

India’s overall auto sale volume is more than 4.25 million units because the recently released vehicle retail data for December 2022 by FADA(Federation of Automobile Dealers Associations of India) shows 16.2 lakh units were sold in December last year.

China’s auto market topped the chart in the year 2021 as 26.27 vehicles were sold in 2022, followed by the US at 15.4 million and Japan at 4.44 million. India, which was in fourth place, sold out around 4 million units in the year in the middle of the global chip shortage issue.

The auto market in India has seen a lot of fluctuation in the recent past. The data shows that around 4.4 million vehicles were sold in the country in 2018, and the number fell below 4 million units in 2019 in the middle of the NBFC crisis that year.

The following year (2020) saw the Covid pandemic hit the country hard and the overall marketing sales dropped below 3 million units.

Despite a pick-up in pace for EV adoption, India is still a budding market for EVs and most vehicles are powered by gasoline.

As per Sunjay Kapur, President, ACMA, despite the challenges, the Indian auto component industry witnessed a rapid growth of 23%, as the turnover of the sector contributed 2.3% of India’s GDP at ₹4.20 lakh crore.

He attributed factors such as strong and diversified demand, skilled workforce, and precision engineering to the expansion of the Indian automotive industry.

Also, as per an ACMA-McKinsey report, by 2030 the contribution of EVs in new two-wheeler and three-wheeler vehicle sales will rise to 50% and 70%, respectively.

Moreover, the Centre’s Production Linked Incentive (PLI) programme for the automobile sector (with a $3.5 billion budget) provided financial incentives of up to 18% to stimulate local production of future technology-related automotive components.

The government has also implemented Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in the country (FAME) to encourage the adoption of EVs through subsidies. Currently, phase II of the scheme is under effect for 5 years starting from 2019, with a total budget of ₹10,000 crore.

Notably, only 8.5% of Indian households own a passenger vehicle in 2021, data shared by a UK-based research firm Euromonitor shows, adding that there’s huge room for higher sales in the country.

Revolution in the Indian auto market over 2 million electric vehicle sales in six years

Electric vehicles in India have welcomed electric vehicles in a positive way, as the recent report by the Ministry of Power shows that over 20 lakh electric cars have been sold in the country in just six years of EV adoption. Electric vehicle sales in India are on the rise after the launch of the friendly government of India policies and subsidies.

The Indian EV sector witnessed a growth of 200% in electric vehicle sales in 2022 compared to 2021. With 57,447 automobiles registered in the first month of the year, 2023 promises to be an even better year for the EV sector in the country.

The Union Minister of Power, RK Singh declared the yearly data on electric vehicle sales in India as of January 21, 2023, launched in the E-Vahan portal. According to the e-vahan portal of India, there are around 2,040,624 units of electric vehicles registered in India as of January 31, 2023.

The exponential growth in electric vehicle sales in the country is mainly aided by the rapid expansion of the electric three-wheeler market from 108,000 units in 2018 to 338,000 units last year, and the two-wheeler market boosted from 16,943 units in 2018 to 628,000 units last year.

With around 2 million sales by the end of 2023, EVs are anticipated to account for 5.7% of total yearly automobile sales. It is estimated that the electric two-wheeler market will increase by 49% annually between 2023 and 2030, with over 10 million EVs on road in 2020.

This exponential growth indicates the growing demand for eco-friendly and sustainable mobility in the country.

The two biggest players in the Indian electric vehicle market, Ola Electric, and Tata Motors are leading the two- and four-wheeler sectors of EV. Tata Motors is leading the electric car market in sales with a market share of over 92% in 2023.

In the two-wheeler segment, CEEF reported that Ola electric got 60,000 bookings in January 2023, and already delivered 18,606 electric scooters in March.

Government’s support

Friendly Government subsidies and new policies majorly aided the exponential growth of electric vehicles in India over the years. The government of India is on a mission to build the 32% EV penetration aim in the nation before 2030 in India.

Several State and central electric vehicle policies have been started so far to incentivize the country’s electric vehicle manufacturers and buyers. Buyers get subsidies per kilowatt of their electric vehicles, whereas lower interest rates support the manufacturers in India.

The government launched tax incentives to manufacturers and buyers on the price of buying electric vehicles, including reduced tariffs and GST rates in India.

The government is working with various CPOs to build electric vehicle charging stations across India to support the growth of electric vehicles in the nation.

The government is using its purchasing power to drive EV sales through tenders to procure EVs for government use by deploying electric cars and buses in their fleet.

The government is investing in the R&D of electric vehicles in India to support the growth of the EV sector in India under the Make in India scheme.

Budget 2023 for Electric Vehicles

While presenting the Budget 2023, Finance Minister, Nirmala Sitharaman proposed to reduce tariffs on the import of capital products used to produce lithium-ion batteries. This is possible to reduce the cost of Llithium-Ion batteries in India, further lowering the cost of electric vehicles.

RK Singh, Minister of Power announced that the Bureau of Energy Efficiency (BEE) has prepared action plans for the installation of public charging stations in 9 major cities across the country. By 2030, they aim to have a total of 46,397 public charging stations in these cities.

With the continued growth of electric vehicle sales in India and the government’s efforts to promote electric vehicles, 2023 is expected to be an even greater year for the country’s electric vehicle sector. Governments continue to be pro-EV as consumers become interested in EVs. The electric vehicle sales market in India is sure to continue its  growth in the trend.


Last year in 2022 India surpassed Japan in new auto sales, making it the third-largest market for the first time, Nikkei Asia reported. The rapid growth in electric car sales in India is a positive way for both the automotive sector and the environment.

As Electric vehicles seek out new and exciting ways to hit the road, electric cars are poised to become the vehicle of choice for the eco-conscious and tech-savvy in the country.

With the current growth of electric vehicles in India and the government of India’s support, 2023 can be expected to be an even better year for the electric vehicle sector with approximate sales of 20 million EVs this year.


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10 Important SaaS Trends For 2023

A decade ago, many companies had to invest in on-premise infrastructure to enjoy the advantages of software such as CRM, business analytics, and even automation.

Over the last few years, however, the rise of cloud technology made it possible to bring complete business operations offsite through Software-as-a-Service (SaaS) trends. Organizations are now able to take advantage of applications that can help them grow rapidly without the expensive overhead.

These days, SaaS companies of all sizes are trying to stay ahead of the game by recognizing the trends that shape their industries. As we move further into 2023 and beyond, it pays to be aware of what’s coming next in the world of software as a service (SaaS).

Just like any new innovation, SaaS software, Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS), is undergoing constant changes. These applications have evolved from simple cloud features to complete platforms that offer advanced features and ideal software for small businesses and enterprises alike.

In 2022, the software as a service (SaaS) market size value amounted to $242.57 billion and is estimated to reach $356.6 billion by 2026. Therefore, SaaS application development looks also like a profitable business today.

From intelligent automation to sophisticated analytics, AI-driven algorithms to low-code development, 2023 promises to bring rapid changes and substantial growth opportunities.

To fully capture these market opportunities, companies need to pay attention to the following SaaS trends.

10 Important SaaS Trends For 2023 You Should Know

1) Multi-cloud strategy

In 2023, software as a service company chose to spread its services worldwide. This approach is known as the multi-cloud strategy and promises to grow in 2023. It provides many pros, including flexibility and security in running business operations.

Also, the multi-cloud strategy approach helps prevent attachment to one certain ecosystem. Thus you can avoid a situation when cloud service providers change the application or terminate the app support. Multi-cloud helps create backups for your lost. The survey shows 95 % of mid to large enterprises use a multi-cloud solution.

 Many companies do not adopt multi-cloud solutions due to tight budgets.

If you switch to multi-cloud strategy services, your business is no more dependent on one cloud provider.

This means the following advantages:

  • Avoiding vendor lock-in and good flexibility in changing providers if needed;

  • Cloud service cost optimization and switching to another provider if costs are too high;

  • Good security is offers and ability to move workloads to a public cloud or IaaS platforms in case of DDoS attacks;

  • Flexibility in geographies and ability to move data to local providers or data centres.

2) Artificial intelligence

In recent years, artificial intelligence (AI) is steadily integrated into different kinds of businesses. In general, companies feel less enthusiastic about Artificial intelligence in the current situation. Still, artificial intelligence projects remain trendy for 38% of respondents.

This catch-all trend expanded to cloud solutions and is predicted to take root in the future of the SaaS industry. Yet, machine learning and natural language processing are already the main trends in SaaS technologies. AI-powered technologies use the ability of human speech pattern recognition to work.

Due to that, artificial intelligence enhances automation and security and speeds up the way of data handling.

The most demanded industries to adopt AI methods are social media platforms, education, travel, and healthcare. As a matter of fact, the healthcare cloud computing market, as one of the most prospective fields, is estimated to reach $51.9 billion by 2024.

3) White labelling

White labelling is the best example of a fast-growing SaaS trend in 2023. It enables businesses to quickly enter a new market, avoiding the inconvenience of the development of SaaS apps.

So, what is white labelling in the cloud sector?

Basically, a supplier sells unbranded cloud solutions to different agencies to put their branding and resell them at a profit cost. The key feature of white-label SaaS solutions is that they are fully customisable to look like it’s yours.

4) Unbundling

Many SaaS companies bundle their software together within their pricing game. This leads to giving an enhanced experience, but at a higher cost. As businesses realize this problem, they split their software into separate packages.

 By unbundling SaaS solutions, SaaS vendors can provide more flexible costing for customers. Moreover, the SaaS industry overview shows unbundled SaaS solutions which suit their customers’ specific needs. Therefore, such apps are preferable to them.

5) Usage-based pricing

SaaS providers use a subscription model in the traditional way, which means paying fees on a regular fee monthly or you can yearly. But a new SaaS trend shaping the pricing model is based on the services you choose.

Thus, usage-based or consumption-based costing means paying for the services that users apply. According to the report stated by OpenView Venture Partners, the usage-based costing model: Shifts the projected adoption rate to 56% of companies in 2023 compared to 27% in the year 2018.

Due to global macroeconomic challenges, businesses conserve and optimize their capital. A company can count on customer loyalty by offering cost flexibility with the usage-based model.

Thus, SaaS companies with the usage-based model will possibly survive in the changing economic climate. That is why businesses are shifting to the new usage-based model that can be game-changing in the future SaaS.

6) Low code/no code cloud services

The lowest code/no-code services are cloud-based. This means that you do not need to operate infrastructure for such SaaS tools. Examples of low-code platforms are Microsoft Power Apps, Mendix, Figma, Airtable, Zoho Creator, etc. They help create business apps, designs, spreadsheets and many more.

Such services can be used for creating simple and easy business solutions. Therefore, this SaaS technology trend will possibly evolve in 2023. Still, if you have a complex project or need a solution tailored to business requirements, it is advisable to opt for custom software development.

7) Vertical SaaS

While horizontal SaaS uses a one-stop-shop approach, the vertical SaaS model focuses to meet specific business needs. That helps you get closer to your customers and provide them with the best practices in the field.

Vertical SaaS is also a profitable business. Actually, it reduces customer acquisition price compared to horizontal cloud platforms. Likewise, vertical SaaS helps you evade the market competition of the cloud space. With your unique service, you can carve out your own niche and deliver greater business value from it.

8) Enhanced security

The best high data protection is the future of the SaaS industry is an important issue. The speed and depth of digital transformation not only give business benefits but also create cyber risks.

According to Gartner’s forecast, spending on security risk management will grow 11.3% in 2023, hitting around $188.3 billion. One of the factors in security spending increase is shifting to cloud solutions and multi-cloud services. SaaS businesses will have to protect themselves and their customers from data leaks. Developers will raise the bar of their products’ security in 2023.

Of course, security and compliance risks are the main barriers to realizing the advantages of the cloud. Definitely, security is a deciding factor in selecting a cloud partner. Hence, it is important not to render your business vulnerable to cybercriminals and improve data protection.

9) Blockchain

The use of blockchain technology is original in the software-as-a-service market. Certainly, SaaS platforms have to give transparency and security to their users. SaaS solutions work on centralized databases, which are unsafe for cyberattacks.

Meanwhile, blockchain technology is a distributed system that works to verify new data records. Furthermore, when new forms are added, the technology copies the complete blockchain. Hence, blockchain can eliminate data insecurity issues and be the main of the future technologies in SaaS. Also, blockchain can help ensure payment security as well.

10) Customer experience focus

The SaaS industry overview shows that many SaaS platforms which have suffered from a lack of customer service. Thus, it will become an essential issue to solve in 2023.

Customers prefer solutions that aren’t too difficult to understand and meet their specific needs.

Consequently, SaaS providers provide more options to potential customers — improved personalization, white labelling, more ability to customize, APIs, etc. Furthermore, SaaS providers are increasingly aiming to simplify their services to retain customers.


Today, the industry of SaaS changes promises new business opportunities for entrepreneurs. Technologies and customer demands are continuously growing. You should know about things happening in this field to win this digital competition.

Given the recent trends, you will see the future of SaaS in expanding small niche markets being caused by micro-SaaS and vertical SaaS trends. Also, Artificial intelligence, shifting to PaaS, and white-labelling trends lead to more complex and personalized cloud offerings coming into work.


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The Best Quotes, And Wishes For International Women’s Day 2023

Any day of the year is a good opportunity to support and celebrate the women in your life. However, March 8th is a very important day: International Women’s Day!

In honor of this international holiday, women are recognized for their incredible achievements, awareness is raised, and others are encouraged to advocate for gender equality.

International Women’s Day quotes are famous women entrepreneurs’ or leaders’ sayings about women’s power and potential. These wishes and quotes are one way to celebrate Women’s Day.

Wishes for International Women’s Day 2023

  • “Mom, whatever I am today, it is just because of your support. You are my inspiration and motivation. Happy Women’s Day to you.”
  • “Women are never weak because God has made them strong in every sense to face the world. Warm wishes on Women’s Day to all the women.”
  • “She is a Dreamer, she is a believer, she is a doer, she is an achiever, and she is “You”. Happy Women’s Day.”
  • “Had women not been there, life would have never been so beautiful and blessed. Wishing a very Happy Women’s Day to one such woman who makes life so incredible for me!!!!”
  • “You just smile and the world becomes colourful. Let the harmony and colours of spring shine in your life! Happy International Women’s Day.”
  • “With the creation of the world, you were also added to increase its beauty. The world is mesmerised by the work you have done. Happy Women’s Day”
  • “Hope your day is sunshine and flowers with happy thoughts to fill the house. Happy Women’s Day”
  • “Happy Women’s Day to strong, intelligent, talented and simply wonderful women! Remember that you are loved and appreciated.”
  • “It’s crazy that women still have to fight for their rights. We still live in a society where being a woman is dangerous. Let’s remind ourselves to create a world deserving of the women around us. Happy Women’s Day!”
  • “Only a woman can almost die and give birth at the same time. Be proud to be a woman. Happy Women’s Day!”
  • “Equal rights are not special rights. Happy International Women’s Day.”
  • “The most important thing one woman can do for another is expanding her sense of actual possibilities. Happy Women’s Day!”
  • “Happy Women’s Day, to someone who is much more wonderful than they think, with all my love.”
  • “Women are the sustaining force of any society – they think of the children and the next generation’s chances. Happy Women’s Day!”
  • “Women are inspirations for others in so many ways. They wonderfully manage both their personal as well as professional lives. Happy International Women’s Day!”

Five Famous Female Entrepreneurs to Follow in 2023

1. Oprah Winfrey

She is an American talk show host (The Oprah Winfrey Show), actress, author, and philanthropist. Her talk show “The Oprah Winfrey Show” was America’s first lady of talk shows and the number one talk show for 24 consecutive seasons where she interviewed a ton of celebrities.

2. Sheryl Sandberg

She has been the Chief Operating Officer of Facebook (COO) at Facebook since 2008 and also the founder of LeanIn.Org and the co-author of two books 1. “Lean In Women, Work, and the Will to Lead”, and 2, Facing Adversity, Building Resilience, and Finding Joy”.

3. Indra Nooyi

She is the former chairperson and CEO of PepsiCo. She was ranked #13 on the Forbes list of The World’s 100 Most Powerful Women in 2014 and in 2021 and was also listed in the National Women’s Hall of Fame.

4. Melanie Perkins (currently the CEO and co-founder of Canva)

Her company Canva is currently valued at over 40 billion dollars and currently has over 60 million monthly users and more than 500K paying subscriptions worldwide.

5. Tory Burch

She is an American fashion designer, businesswoman, and CEO of her own fashion brand Tory Burch. She was listed as the 88th most powerful woman in the world by Forbes in 2020. Her fashion brand generates over 1.5 billion dollars in annual revenue.

Best quotes for International Women’s day 2023

01) “A woman is the full circle. Within her is the power to create, nurture and transform.” – Diane Mariechild.

This quote is to encourage women to lead. Women are the embodiment of the entire universe. Within her lies the power to conquer everything that she has. wants. Be a proud woman!

02) “Each time a woman stands up for herself, she stands up for all women.” –Maya Angelou.

When a woman stands up for herself, she even helps other women and motivates them to fight for their rights.

03) “A strong woman is a woman determined to do something others are determined not be done.” – Marge Piercy

If aspiring women entrepreneurs are determined to do something, they have made a firm decision to do it and will not let anything stop them.

04) “She was powerful not because she wasn’t scared but because she went on so strongly, despite the fear.”-Atticus

A powerful woman builds her own world. She is one who is wise enough to know that she will achieve what she wants.

05) “Strong women don’t play the victim. Don’t make themselves look pitiful and don’t point fingers. They stand and they deal.” – Mandy Hale

Women who are so strong they can be gentle, and humble, so fierce they can be compassionate, so passionate they can be rational, and so disciplined they can be free.

06) “You don’t have to play masculine to be a strong woman.”– Mary Elizabeth Winstead

A lot of women think that being a strong woman means taking the place of a man but what makes any person strong (male or female) is an unwavering conviction in who you are and how you navigate the world.

07) “One is not born, but rather becomes, a woman.”– Simone de Beauvoir

Women only become women because of the circumstances of our society, leading her to the conclusion that the facts of biology take on the values of social norms.

08) “Feminism isn’t about making women stronger. Women are already strong, it’s about changing how the world perceives that strength.”– G.D. Anderson

Women’s empowerment is an important aspect of achieving gender equality. Empowering women is a tool for advancing development in society.

09) “In the future, there will be no female leaders. There will just be leaders.”– Sheryl Sandberg

As long as society continues to associate leadership with masculine traits, female leaders will be judged in society, even when they outperform their male counterparts so in future there will be a world where leadership roles will not be judged by males or females.

10) “Women’s freedom is the sign of social freedom.”– Rosa Luxemburg

When there are no restrictions for women they will grow and they will control their own lives, both within and outside the home; she has the ability to influence and give direction to society.

The Fidypay Digital Payment Startup: Everything You Need To Know

FidyPay is a financial-technology startup that aims to help India become a cashless payment country by targeting areas that are most resistant to adopting digital payment services.

FidyPay is one of India’s leading Financial Inclusion and Digital Payment companies. The company’s primary aim is financial inclusion, Marco digital payments, integration and paperless banking.

The company’s goal is at the forefront of digitizing financial inclusion and micropayment in the country.

FidyPay helps bigger businesses and solutions providers like Tally, Busy, and HRMS Solutions to integrate the system into their backend ERP and use Fidypay’s platform to do balance check queries, fund transfers, and other banking functions through their API banking solutions and partnerships.

As a result, their users can receive complete execution of connected banking experience, along with an exhaustive massive range of products and services like UPI/BQR, eNACH, UPI AutoPay, POS Solutions, and Micro Insurance solutions.

The company’s main product is a payment system that merges online and offline payments into a single multi-channel payment solution.

FidyPay is unique in that it helps everyone who is not comfortable with online payments, and cannot afford a smartphone or even internet service. To address this issue, the platform collects the data which is online and physical payments made through various channels and integrates them into an online platform that keeps track of all of them.

The startup’s plug-and-play finance solution may be used by every person from tiny businesses to massive corporations. Its primary customers are small and medium-sized businesses (SMEs and MSMEs), but it also works with local governments and residents in lower-tier cities to educate them about digital payments.

The Products offered by Fidypay

  • API Banking

  • AEPS/Micro ATM

  • Bharat Bill

  • UPI QR

  • eNach

  • Payment Links

  • ekyc Service Providers

  • UPI AutoPay

You can pick & choose the product stack

With FidyPay’s exhaustive product stack, pick and choose the solutions that you are looking to deploy and integrate everything through them with Universal APIs.

  •  One Platform for all your product stack.

  •  One Dashboard to monitor your transactions.

  •  Universal APIs for easy to Integrate among various products.

You can enjoy the benefit of interacting with only 1 Integrator for various Fintech Products. They take care of all the messy & legacy Integrations with Banks and Payment Processors so that you don’t have to waste your time deploying these products for your customers.

Over the years of developing the Fintech API Platform and integrating multiple products, FidyPay solutions can manage it all, be it customization, innovation, handling multiple client data, or processing data in local languages, the company does it for all.

Manan Dixit The Founder Of FidyPay:

Manan Dixit is a software entrepreneur who is passionate about using technology to address real-world issues in society. He wants to assist India in going cashless by aiming at regions that are the least likely to adopt digital payment methods.

His ultimate goal is to create new, user-friendly, secure payment solutions that will enable millions of people in the country and throughout the world to take control of their funds.

He got a Bachelor of Engineering in Electronics and Power from Nagpur University in India and then later he began working in tech roles for businesses like Tech Mahindra and Amdocs before deciding to pursue entrepreneurship.

He also co-founded an online store called Falcons. From there, he rose to the position of Managing Director at Umoja Electronics, an Indian company that provides its customers with cutting-edge computing solutions.

FidyPay’s founding story

At a family event a few years ago, Manan Dixit ran into his very old friend, Ariff Manji, and the duo got into a conversation about how they were facing payment delays in their respective business sectors.

Hailing from a small town in Madhya Pradesh where the city is known for its wealth and the digital payment ecosystem was tinged with dubiety, the two entrepreneurs realised that this problem of late payments was native to lower-tier cities in India and the biggest reason behind this was that people didn’t know how to use digital payments because they don’t even trust this process.

Lack of trust was driven by the people’s belief that since most payment operators were based out of metropolitan cities in the nation, they could only serve that population and not cater to their specific needs.

Around the time, Manan and Ariff both were contemplating ways to solve those matters, demonetisation happened, and their focus on digital payments increased.

Confident that they could help solve the matter since they hailed from smaller towns themselves and understood the requirements of the common man, the duo launched Fidypay in 2011 a fintech service specifically for rural and semi-rural India.

FidyPay Customized Solutions for customers

FidyPay believes that every customer is different and every use case is different. Hence they love customizations, be it PoS Solutions or Banking or Collection any product stack that you wish to deploy they would be working closely with you to offer a customized solution.

The company aims to democratize financial services through technology. They build beautiful consumer experiences, developer-friendly infrastructure, and intelligent tools that give everyone the ability to build amazing products that solve big problems.

FidyPay provides solutions deployed in varied fields ranging from retail counter to Corporate ERPs to Government Departments everyone. They cover all the aspects of Fintech Payment, Online banking & Collections space.

Why did FidyPay pick Rural over Urban, unlike most of your market competitors?

India has a massive unbanked population, most of whom stay in rural areas in the country. Currently, the estimated unbanked population of the country is 45%. Most of these areas in the cities are so remote that the banking system doesn’t get access to it.

Therefore, they do not have access to digital payments and financial services either offline or online.

Banks, wallets, and fintech companies have a major focus up to Tier 2 & 3 cities in India. In rural or tier 4 cities their penetration is zero or low and operational viability is difficult for them.

FidyPay is reaching this unbanked segment through an assisted model network which is enabling this segment to make digital transactions like bill payments, remittance facilities, microfinance, online store, digital banking, micro-insurance, mobile wallet, value-added services (VAS) like recharges, ticket bookings, etc. through FidyPay.

How does FidyPay plan to educate the rural population of India to go Digital?

FidyPay did a Pilot in a small village around Khandwa (M.P.) named Sihada having a population of around 10,000. They learnt that people in this region wish to use digital solutions for transactions but due to a lack of literacy and knowledge because of this, they could not adopt these new technologies.

But with FidyPay solutions of the assisted channel, it will be empowered to create awareness of digital platforms and enable people in rural areas to understand and adopt these new technologies.

What is the success mantra of Fidypay?

The company’s focus area has been Rural & Semi-Urban regions from Day 1 because if the root of the country can be made strong with new advanced Technology then the whole nation will grow at a faster pace.

Hence the success mantra of the company has always been to go where no one goes and to uplift the people in that region with the aim of Democratize Digital Inclusion.

FidyPay have been able to achieve some amazing results with the Skill Development Department wherein we are creating Rural Entrepreneurs across India to make them sustainable and financially strong in their own Home Town by onboarding them on FidyPay Assisted Network.

How Indore-based fintech FidyPay processed 14X more transactions in 2021, versus 2020?

In 2020, Manan stated the startup processed $2.5 million worth of transactions, which increased 14X to $35 million as of September 2021.

In the last couple of months, FidyPay claims to have seen 10X growth in transactions. By January 2021, it hopes to hit $110 million in transactions processed.

“In the last two to three years, especially since the COVID-19 pandemic, we have seen exponential growth in the online payments space as people have understood the importance and advantages of comfortable, convenient, and hassle-free transactions. Our mission is to complete the last leg of this digital integration, especially in locations that still need the push from players like us,” Manan said.

The startup has more than 10-plus vital customers and offers over 30 financial services on its platform.

FidyPay has its revenue from transaction charges and licensing fees. Manan stated the startup is cash-flow positive after having raised an angel round in December 2020, and a seed round in February 2021, from investors including Ram Pathade, CEO of Mahagram, a rural fintech company in India; and Pratekk Agarwal, Founder of Trutes Advisors, a boutique business advisory firm.

FidyPay’s competitors include startups such as NayaSeva, BANKIT, Ezeepay, and others serving rural areas in the country. It also competes with market competitors like  Razorpay and Paytm.

The digital payments space is expected to grow at a CAGR of 27% to Rs 7,092 lakh crore by FY 2025, from Rs 2,153 lakh crore transactions in FY 2020, according to a report by the Indian Private Equity and Venture Capital Association (IVCA) and Ernst & Young.

Of this, the rural population could capture around 63% of the total space in India by 2025, a McKinsey report said.


FidyPay is a full-stack simple and automated platform working towards offering easy and convenient plug-and-play solutions in real time.  The company provides digital financial services to help customers meet their demands.

The company is a mission-oriented fintech API Platform working towards the vision of a cashless to cash-free economy. FidyPaytraces its roots in a plan that turned into a revolution by the way it worked towards the motto of achieving financial inclusion in the country.

Their primary focus is financial inclusion, macro digital payments, integration, and paperless banking in the country. The company envisions being the leader in digitising financial inclusion and the micro-payment space in India.


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Top 7 Inspirational Success Stories

Distinctive stories of success can be an inspiring force for any aspiring entrepreneur. They captivate and entice us, teaching us that anything is possible.

The path to starting your own business and making it successful isn’t easy. Sometimes, it helps to hear a story about success, especially when you are about to start a business, get a business loan, or want some inspiration. Even the most successful companies small, medium, and large alike through their share of challenges.

Every success story embodies a valuable lesson. Whether it’s the story of a young visionary whose ideas changed the world, or a powerhouse executive who overcame incredible odds to achieve success, there’s an element of resilience and innovation in each tale.

It highlights the human potential to rise above adversity and proves that true innovation is achievable despite any limitation. It inspires dreams and motivates people to bring their ingenious ideas to life.

But these inspirational stories cannot offer much alone; we also need guidance along the way – for making crucial decisions, staying focused on our goals when times are tough, and keeping a positive outlook even through setback after setback.

So seek advice from those who have already been through what you’re going through now. And apply their wisdom as you journey towards your own grand finale! In addition, tap into your own creativity–trust your ideas and never doubt your power to make them happen.

When you’re thinking about starting your business, it can be easy to think about quitting, but learning about others’ success can help lift your business spirits.

The purpose of this article is to motivate and inspire you to do better and achieve what you want. Here are the top 7 inspiring success stories in 2023 that will encourage you to chase your dreams and achieve greatness.

1) Karsanbhai Patel – The Man Behind ‘Washing Powder Nirma’

The company started in 1969 with just one man, today employs around 18,000 people and has a turnover of more than 7,000 crores.

He was a qualified Science graduate, Karsanbhai, who tried mixing Soda Ash and a few ingredients to make detergent produce, One fine day, he got the formula right and it was then that he started producing detergents in the 100sq ft backyard of his home as an after-office business in Ahmedabad and then sold it from door to door.

At the time, detergent and soap manufacture was dominated by multinational corporations with products like Surf by Hindustan Lever, priced around Rs. 13 per kg. He used to give a money-back guarantee with every pack that was sold. He offered his detergent powder for Rs. 3/ kg. Thus, he successfully targeted the middle and lower-middle-income segments.

Thereafter, in April 2003, Nirma University was established by the first three institutions, under a special act passed by the Gujarat State Legislative Assembly.

The famous advertisement jingles, ‘Washing Powder Nirma, Doodh Si Safedi Nirma Se Aayi, Sabki Pasand Nirma‘, a phrase that goes beyond lip service, made a deep impact on every Indian. Nirma revolutionized the detergent market and created a segment for phosphate-free and environment-friendly detergent powder.

Today Nirma has an overall 30% of detergents and a 25% market share in soap cakes and Nirma Group is one of the world’s largest manufacturers of soda ash. Forbes listed his net worth as US $3.9 billion in 2017.

Karsanbhai Patel has been conferred with Padma Shri Award formally conferred by Mrs Pratibha Patil, the President of India.

According to Forbes, in 2004 Nirma’s annual sales were as high as 8,00,000 tonnes. Karsanbhai Patel, who started his surf company from his home, is today 775th on the list of Billionaires of the world and 39th on the list of richest people in India. Currently, his net worth is $4.1 billion, according to Forbes.

2) Kalpana Saroj – The Unbreakable Woman ( CEO, Kamani Tubes)

She is described as the original “Slumdog Millionaire” of India. Born to a Dalit family, she was subjected to all kinds of injustice and being a girl only added to her miseries. She was married at the age of 12 and faced mental and physical abuse by her in-laws.

She attempted suicide after being ostracized by the villagers. At 16, she moved back to Mumbai to live with her uncle. She soon took out a loan of Rs 50,000, bought a sewing machine to set up a tailoring business and also attempted to build a furniture store.

Using government loans for scheduled caste people, she successfully started a tailoring business and then a furniture store.

She soon went on to set up a real estate venture and ended up serving on the board of Kamani Tubes, a metal engineering firm. Kamani Tubes Limited is a Non-govt company, incorporated on 20 June 1959.

It’s an unlisted public company and is classified as a company limited by shares. She took over once it went insolvent due to being heavily in debt. She turned it around and transformed it into a profitable business. Her work and contributions to her fields brought in recognition, and with it, the honour of becoming a Padma Shri in 2013.

She was on the board of Kamani Tubes when it went into liquidation in 2001, and after taking over the company, she restructured it and brought it back to profit.

Kalpana Saroj was awarded the Padma Shri for Trade and Industry in 2013.

3) Elon Musk the billionaire entrepreneur and business magnate

A South African-born American entrepreneur and businessman, Elon Musk, founded X.com in 1999 (now become PayPal), a company like SpaceX in 2002, and Tesla Motors in 2003.

When Musk sold his start-up business, Zip2, to a division of Compaq Computers. He became a multimillionaire in his late 20s.

Musk made headlines in May 2012, when SpaceX came up with a rocket that would send the first commercial vehicle to the International Space Station. He supported his portfolio by buying SolarCity in 2016 and cemented his standing ahead of the industry by taking on an advisory role in the initial days of President Donald Trump’s administration.

When he was 10, Musk grew an interest in the computer world. He upskilled himself on how to do the program, and at the age of 12, he sold his first software: a game he built called Blastar.

Managing various companies and a huge amount of travel time, Musk has learned the power of aim and focus to get critical work done. In a famous University of Southern California commencement speech, Musk was quoted saying “focus on signal over noise, don’t waste time on things that don’t actually make things better”.

Before Tesla Energy came into reality, people were assured that battery packs would continue to be costly, no matter what. However, Musk understands that if someone could break down batteries into their fundamental components and develop them from scratch by optimizing the resources, the gross price could be decreased by a huge margin.

Today, he may be a multi-billionaire entrepreneur, but things were not the same as this. When Musk started SpaceX, he thought about his failure as a workable option on his new journey towards cosmos exploration. However, instead of giving it up, he built a contingency plan and went ahead with the SpaceX project.

4) Gautam Adani 4th Richest Person in the world

Chasing dreams over education Gautam Adani is a college dropout who was in his second year of graduation when he made a decision to chase his entrepreneurial dreams.

His very first business was in the lucrative diamond industry in Mumbai, working as a diamond sorter at Mahindra Brothers and setting up his own diamond brokerage business after a couple of years his business did well and he became a millionaire by the time he was 20 but by this time his elder brother had newly purchased a plastic factory in Ahmedabad and asked Gautam Adani to help him in running it.

In 1996 Gautam Adani was also the Founder of Adani Power Limited, the power business subsidiary of Adani Group. The company is India’s largest private power producer and also the largest solar power producer in India.

In 1988, he established Adani Exports Limited (now known as Adani Enterprises Ltd). The company initially dealt with agricultural commodities and power and eventually expanded over the years.

 The liberalization and economic reforms of 1991 boosted Adani’s business and increased revenues and profits for his company. The favourable business environment allowed Adani to expand his company rapidly.

The Adani Group is an Indian multinational conglomerate and its headquarters is located in Ahmedabad, Gujarat. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited.

It would continue to become the flagship group company with its fingers in various industries, from cement to media.

“There are two turning points in my life. One in 1985, when the government relaxed import norms under open general license (OGL) for actual users. I began importing raw materials and polymers and entered trading.

The second turning point came in 1995 when we decided to get into the port sector, as part of the group’s overall strategy to get into asset-building,” – Gautam Adani

5) Jeff Bezos is the founder, executive chairman, and former president and CEO of Amazon

The journey started back in 1994, Jeff Bezos, a former Wall Street hedge fund executive and a vision who was already aware of the potential of the internet and e-commerce platforms took the decision while sitting in the garage to give the first try to create an “online everything store”.

At first, Jeff thought about naming the company “Cadabra” (from abracadabra).

However, his lawyer, Todd Tarbert, advised him that the name could be seen as kind of unclear.

After the new website name was decided, the next decision would be about the product to be sold on the e-commerce platform was very important for him. Jeff found that the most logical option would be to sell books online.

Going against financial journalists and analysts that just couldn’t see the growth of the internet as jeff did, Amazon.com reached 180,000 accounts in its first year of business. In May 1997, Amazon.com became a public firm, with $54 million on NASDAQ.

At the end of the same year, there were around 1 million accounts and $148 million in revenues which became $610 million the following year. The company expanded quickly and began selling music, videos, electronics, video games, software, houseware, toys, games, and many more.

Moreover, what attracted customers were its personalised recommendation tools and customer reviews for better purchases, thus developing a community of consumers. In 2000, Amazon opened a room for small businesses and individuals to sell their products through the platform.

Two years later, Amazon Web Services (AWS) was launched, confirming what Jeff claimed from the start: Amazon was not a retail company, but a technology. From that year on, AWS has encompassed statistics on the internet for developers and marketers, its Elastic Compute Cloud that rents out computer processing power, and its Simple Storage Service, for renting data storage.

Kindle e-readers launched in 2007, fostering the e-book market by Amazon. In 2009, Amazon launched Amazon Encore, its first publishing line, which would also allow individual writers to publish their own e-books through Amazon.

 In February 2011, Amazon launched a streaming service Amazon prime. It also found its tablet computer – Kindle Fire in November of the same year. It also declared the concept of Amazon Lockers where buyers can pick up their online purchases without waiting for delivery. Amazon becomes Amazon Publishing, aiming to develop its own titles.

To boost its presence in Asia, Amazon came up with a marketplace in India in 2013. On the technological front, it launched a Mayday button which lets users get instant access to a live tech adviser through their devices. And in the same year started delivering packages on Sundays.

In 2014, Amazon came up with its first and only smartphone – Fire integrating its universe of media and streaming options into one smart device. However, the phone failed to make a place in the market and the company had to write down $170 million and cease production.

Amazon also purchased the video game streaming company Twitch for $970 million.  And later launched Fire TV and Amazon Echo voice-enabled speakers.

In the year 2016, Amazon teamed up with Fiat Chrysler Automobiles to sell cars online in Italy. It also came up with a new concept called Amazon Flex where drivers can sign up with the company to deliver packages using their own cars.

In June 2017, Amazon acquired Whole Foods marking the entry of the company into the world of grocery and physical retail stores. It purchased all 471 stores of Whole Foods for a whopping around $13.7 billion.

The company went from a bookstore to an “all-purpose store” and then to a worldwide e-commerce giant. But Amazon definitely didn’t stop there and potential never seems to end. But what keeps its audience attached to the company is its profit margin, which remains low on any products offered by Amazon.

Customers know it is comfortable to work with Amazon and will always bring a reasonable and competitive price in all fields and products. And for sellers who use the multisided platform, it’s convenient for them to be sure they can easily display their effects on the website and app to make sales worldwide.

Nowadays, Amazon is recognized as the biggest retailer across the globe, a brand for those who don’t have limits.

6) Ratan Naval Tata businessman and former chairman of Tata Sons

Ratan Tata was born to one of India’s most prosperous industrialist families in Mumbai, India in 1937. His grandfather Jamsedji Tata was the founder of the Tata Group, who was in industrialisation in India after independence.

Ratan Tata went to Cornell University in the US to get an architecture and structural engineering degree and later pursued a management course at Harvard University.

Despite being the future chairman of Tata Group, he started his career from the ground level working alongside blue-collar employees in Tata Steel Division. In 1971, he was appointed the Director-in-Charge of the National Radio and Electronics Company Limited, which was in dire need of a revival and turned it around.

In 1990 Tata took the helm of Tata Group and ushered in an array of reforms to modernise the group’s business methods to compete successfully. During his time, he brought all Tata companies under one umbrella, and acquired several comply produced car ‘Indica’ and the first compact car ‘Nano’.

Nano, the most economically produced car in the world, was the brainchild of Tata who got concerned about the safety of nuclear families travelling in two-wheelers in India.

He faced a big challenge when he met the Ford leadership to sell the Tata Group’s car business. The deal didn’t come through but Tata worked towards growing the auto business.

 In 2008 when Ford was on the brink of bankruptcy, it was Tata who managed to seal the company’s Jaguar Land Rover acquisition for over $2 billion successfully. Further testimony to his power to overcome challenges came during the 26/11 terror attacks when he led the efforts to help victims outside the Taj hotel. To quote his own words, “If you want to walk fast, walk alone. If you want to walk far, walk together.”

7) Mukesh Ambani the chairman and managing director of Reliance Industries Ltd.

Mukesh Ambani was born in Aden, Yemen, and grew up in Mumbai, India. He completed his degree in chemical engineering from the Institute of Chemical Technology and later pursued an MBA degree at Stanford University.

He is known for his leadership and vision in driving the growth of RIL and has been credited with helping to shape India’s economic landscape. He has been recognised with many awards and accolades for his business achievements.

Mukesh Ambani has faced many hardships during his entrepreneurial journey. Mukesh built Reliance from scratch.  Subsequently, Reliance reached a new market height due to Mukesh’s exceptional strategies.

Reliance experienced a downfall in two parts due to the death of Dhirubhai Ambani. So the two brothers divided business Mukesh Ambani owned Reliance India Industries Limited. Anil Dhirubhai Ambani Group was owned by Anil Ambani.

Although the circumstances were challenging to grow the business, Reliance again Rose to success under Mukesh Ambani’s leadership with substantial market strategies and hard work.


Inspirational success stories can help motivate you and create a positive outlook on life and work when needed. Success stories have the power of positive thinking which can help you to reframe your brain to think positively is a key step in leading a happy and successful life.

In this article, we have mentioned seven inspirational success stories in 2023 that have achieved success in business. These success stories are sure to motivate and inspire you to achieve great things in your life, career, and successful business.


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20 Best Motivational Quotes For Studying And Excelling

Motivation! It is not just a word but a kind of kick in life to the uninspired person. Motivation is needed in every phase of our lives but sometimes we don’t realise it.

Whether in academics or relationships or in setting and achieving goals, everyone needs motivation in their life. However, when it comes to students like you, there are lots of aspects of a student’s life where they genuinely need motivational quotes to study.

These motivational quotes for the study will help you to stay motivated for studying and excelling. Great thinkers, leaders, and writers all have incredible things to say about studying in this round-up of inspiring quotes for students.

1) “Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.”

― Pelé, Brazillian pro footballer

Success is no accident. A person attributes success to so many things around. Things like families, friends, education, work, skills, and talents could all be part of your success journey.  Apart from them, certain core variables constitute the right success equation.

Among them, the first and foremost variable is ‘doing things that you love’. When you do things you love, you find every positive outcome result and success, even if it’s little.

2) “There are no secrets to success. It results from preparation, hard work, and learning from failure.”

― General Colin Powell, former US Secretary of State

One of the important success tips for students is to learn from their mistakes rather than avoid them. Your hard work and patience always have a way of coming back to you and giving you good results.

3) “There are no shortcuts to any place worth going.”

― Beverly Sills, operatic soprano

We need to remind the organizations we work with that the work does, in fact, take time to get done right.

4) “Make sure your own worst enemy doesn’t live between your two ears.”

― Laird Hamilton, surfer

We can often be our own worst enemies when it comes to goal setting. When we lose focus and motivation, fail miserably, or aren’t making noticeable progress, we tend to destroy our own success.

5) “If you think you can, or you think you can’t, you’re right.”

― Henry Ford

Every person wants someone other than themselves to believe in them. You thrive on hearing cheers from others as we crush our obstacles and emerge winning. That’s because seeing others believe in us gives us validation of our point of view that something is possible.

But sometimes you often fail to do is validate your own abilities. You must believe that our goals.

6) “The difference between winning and losing is most often… not quitting.”

― Walt Disney

Getting into the habit of working out doesn’t come naturally to someone. And once we do start working out, it can be too easy for other priorities to start pulling their focus away from their larger goals.

Whatever your goals, you’re never going to reach them standing still. It’s important to keep the end goal and results in mind to keep you motivated while doing anything in life.

7) “You can’t get much done in life if you only work on the days when you feel good.”

― Jerry West

This quote can be applied to students Imagine if you worked on anything in your life only when the mood struck. How much could you get to accomplish any goal? If you’re not in the mood to work out, find what inspires you to get moving.

8) “Everybody has to start somewhere. You have your whole future ahead of you. Perfection doesn’t happen right away.”

― Haruki Murakami

Everybody is different. Some of us take more time than others to start seeing progress in anything we do. Some of us are going to work harder for less noticeable and good results. It may take a few months or even a year to reach your goal.

9) “Do something today that your future self will thank you for.”

― Sean Patrick Flanery

It’s essential to focus on the way towards your destination, not just the destination itself. Every decision you make is a step forward or backwards from your goal, and ten years from now, you’ll be kicking yourself for not having made an effort. Remember, your future self is watching you.

10) “Life is all about having a good time”

― Miley Cyrus

This quote is the message for all of us. Most of the time we are in a mood of “not having a good time” without any reason or suddenly sometimes we get mood swings. But by focusing on what positive actions you can take? in the current situation no matter what.

11) “Never forget that only dead fish swim with the stream”

― Malcolm Muggeridge

This is quoted it’s highlighting the fact that most of the time you are going with the flow and we call it fate. So if you are going with the flow then surely you are not creating or controlling your destiny, so basically, you cannot blame the flow with which you are swimming in your life.

12) “Your positive action combined with positive thinking results in success”

― Shiv Khera

This motivational life quote is self-explanatory. if you want to be successful what you need is loads of positive steps towards your life aims and combating the difficulties through positive thinking.

13) “A little progress each day adds up to big results.”

― Satya Nani

Don’t expect that you’ll be able to take study you need to study quickly and without difficulty. Give yourself the time to take small steps and divide big study topics into smaller chunks. You’ll learn something new every day, which means you’re making progress every day little.

14) “Skill is only developed by hours and hours of work.”

― Usain Bolt

To get Mastering at a skill in the time and effort it takes to become good at something. If you set your mind to it and train or study hard, you can learn any skill you want.

15) “The beautiful thing about learning is that nobody can take it away from you.”

― B.B. King

What you’re studying today, nobody can take away from you what you learn. Knowledge is a power that stays with you as long as you keep using it to achieve something. Use this power to grow and become the person you want to be.

16) “Just one small positive thought in the morning can change your whole day.”

― Dalai Lama

This quote will help you when your trying to study quotes Starting your day with a positive attitude towards learning and your life of study can be a great help to make your day in school or college go smoothly. A few minutes of reflection and writing down one positive thought in a gratitude journal every day will gradually create a more positive outlook.

17) “You can’t have a better tomorrow if you’re still thinking about yesterday.”

― Charles F. Kettering

Sometimes exams or essays might not go as planned and you find yourself disturb over what you should have done better over and over again. Instead of thinking about what you did wrong, write down the lessons you learned and apply them to your next assignment.

18) “How wonderful it is that nobody needs to wait a single moment before starting to improve the world.”

― Anne Frank

Every day you start a new day, a new beginning you get the chance to improve and learn something new. Sometimes it’s easy to fall into a pattern of a better tomorrow when you keep pushing an assignment or studying for an exam to the following day.

19) “If opportunity doesn’t knock, build a door.”

― Milton Berle

It takes a lot of courage to follow your own path and generate opportunities for yourself, but there are ways to do so. Always be on the lookout for new opportunities to help you move your studies and try to get more education. If you find a topic hard to understand, find a study group to help you or watch videos on YouTube and be proactive in attending extra tutorial sessions.

20) “Every accomplishment starts with the decision to try.”

― Gail Devers

Sometimes all the group assignments and exams seem to add up to an unconquerable workload. If you’re feeling overwhelmed by college work, focus on what you’re getting started with first instead of planning too much into the future.


Studying and getting an education can open our eyes and expand our minds unlike anything else. It let us continually reshape how we see the world, leading to an improved and more well-rounded life. And it all starts with being a student but sometimes you can feel demotivated.

In this article, we have mentioned that motivational quotes for studying and excelling are sure to inspire you to reignite your passion for learning. So whether you’re a teacher hoping to encourage students or an academic looking for moving words to get you through the school or college year, there’s something for everyone in this article.


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List Of Companies Laid Off And Reasons

Almost all of the world’s top companies are on a layoff spree, especially the huge giants. A total of 10,000 employees have been laid off by some companies, even all at once.

Cost-cutting, inflation and financial difficulties are some of the reasons behind the substantial layoffs that occurred during pressures and the global economic recession.

In response to weak consumer spending, rising interest rates, and the soaring effects of inflation across the world’s economic and financial markets, the major companies in the world have either frozen their laid-off employees.

Here is a list of the top 8 companies laying off employees and the key reasons behind it.

1. Meta

Laid off: 11000 employees

The largest tech layoff was when Meta, the parent organization of Facebook, Instagram, and WhatsApp, announced on November 9, 2022, that it would be letting go of more than 11,000 employees, around 13% of its workforce.

Meta has suffered over the last year. In 2021, the company was valued at $1 trillion, but multiple factors have heavily affected Meta’s value and stock price.

“Unfortunately, this did not play out the way I expected,” Zuckerberg wrote in a letter to employees. “Not only has online commerce returned to prior trends, but the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected. I got this wrong, and I take responsibility for that.”

2. Amazon

Laid off: 18000 Employees

Amazon announced laying off around 18000 employees globally ahead of the expected recession in 2023. A day later, Amazon India was informed to lay off around 1000 employees in the country in the coming months.

The Amazon CEO said in a statement that they were not done with the annual planning process as earlier mentioned, and “I expected there would be more role reductions in early 2023”.

3. Twitter

Laid Off: 3700

Over 3700 employees were laid off after Elon Musk took over the social media platform, accounting for over 50% of the platform’s global workforce, including senior executives and the former CEO, Parag Agarwal.

As per a report by Bloomberg, Twitter fired its staff from the trust and safety team and its global content moderation unit that handled hate speech and harassment. Furthermore, employees in the teams handling global appeals and state media on the platform were also eliminated.

4. Microsoft

Laid off: 10,000 Jobs

Microsoft announced on January 18, 2023, to cut 10,000 jobs globally, 5% of the workforce. The layoffs, affecting less than 5% of Microsoft’s workforce, would conclude by the end of March, with notifications beginning Wednesday.

The company’s CEO Satya Nadella released in a statement to its employees “in response to macroeconomic conditions and changing customer priorities”.

5. Ford

Laid Off: 3580 employees

Ford announced a laid off in the month of April that 580 of its US employees. Later, on August 2022 the company started its second layoff, firing over 3,000 employees and contract workers.

The corporation wants to adopt new technologies that were not previously important to its operations, which is reported to be the cause of the layoffs and resource redeployment.

6. IBM

Laid off: 3,900 Employees

IBM is laying off 3,900 employees due to the spinoff of IT infrastructure services provider Kyndryl business and part of the AI unit called `Watson Health`In 2023.

7. Google

Laid off: 12,000 Employees

Google has declared to lay off its workforce by cutting 12,000 roles joining other companies which laid off their employees in 2023. All the affected employees in the US have been sent an email regarding the layoff and in other countries, the process will take a few days due to local laws and practices.

8. Spotify

Laid off: 6% Employees

Spotify plans to cut 6% of its workforce and would take a related charge of up to around $50 million, adding to the huge layoffs in the technology sector in preparation for a possible recession.

The company said that there were 9,808 full-time employees working for Spotify. Today’s move will impact around 600 employees.

“Like many other leaders, I hoped to sustain the strong tailwinds from the pandemic and believed that our broad global business and lower risk to the impact of a slowdown in ads would insulate us,” Spotify co-founder and CEO Daniel Ek said in a note sent to its employees.


The biggest tech companies and organisations are facing problems and many of them are laying off their employees in response to that.

There are multiple reasons, varying and some of the common reasons for the layoff are companies are not able to adapt to the situations after the pandemic, inflation is on the rise again, and companies facing financial difficulties.

FAQ’s on companies are laying off:

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15 Startup Ideas To Make Money In 2023

Are you looking for profitable businesses to start in the new year of 2023? With the rise of entrepreneurship, more and more people are looking for ways to make money on their own.

Startups are a great way to take your entrepreneurial spirit from an idea to the implementation phase quickly. Starting a business has never been easier; with the advent of technology and the internet, setting up a business has become much simpler.

What’s more is that there are now more opportunities than ever before – with so many innovative ideas out there just waiting to be brought to life.

So if you’re one of those entrepreneurs who is dreaming up ways to put their skills and talents into action.

Here’s a list of 15 startup ideas that could potentially make you money in 2023.

With these creative small business ideas, you can build your dream company while also making a positive impact in your local community!

1) Vlogger or blogger

If you’re passionate about one specific topic and enjoy writing or being in front of a camera, consider starting a professional blog or vlog. For a blog, all you need is a laptop or computer and a website to get created.

Conversely, Vloggers should invest in a high-quality camera or your phone camera will also work well with video-editing software, and AV equipment as needed. To make money in 2023, you can offer advertising space on your website, find video sponsors or collaboration with other brands.

2) Video Editor

Many companies, influencers, and potential YouTubers want to take their videos to the next level but don’t have the skills or equipment to produce high-quality videos. If you have experience as a video editor, a solid portfolio, and the desire to help individuals and businesses create stunning videos, becoming a freelance video editor is an excellent way to make money in 2023.

3) Freelancer

If you have a particular skill, like writing, graphic design, coding, or other such types of work, offering your services as a freelancer and creating an independent network is the best way to convert a side hustle into a full-time business. You can make arrangements like doing work 9-to-5 and in a few months, your business will create several regular clients.

Freelancers launching as a full-time company, often assimilate as an LLC. This means that income is taxed at the personal level, rather than the corporate level. The income or salary is subject to personal income tax.

4) Commission-only sales

A professional working in this field usually earn more than one who earns a basic salary. You have your salary based on your job performance. If you are a passionate and motivated individual, you will surely achieve success on this path.

5) Podcasting

Start creating your podcasts, if you are passionate about the niche subjects. It is worth it today to provide the content with digital audio technology.

You can gain a loyal following in no time with your dynamic marketing tactics, or by giving them a dose of inspiration every day. Podcasts will bring you revenue in the form of paid advertisements, sponsorships, and more.

6) Open a Thrift Store

Thrift stores are trendy startup ideas today and are in high demand. A thrift store business could be best for you if you enjoy bargain shopping or have a passion for vintage, retro, or high-fashion items. Through this, you can support a sustainable environment as well.

This business has many ways to go, but you will need a solid plan, high-quality inventory, and excellent marketing skills. And this is the best startup idea to make money you just have to start selling your old clothes or you can even purchase them from a collect market.

7) Social Media handler

Almost every business today needs the value and benefit of social media marketing. Social media handlers are in charge of a business’s social media presence across all social media platforms.

A Social Media handler is in charge of a company’s public relations by implementing content strategies on social media platforms. Analysing engagement data, identifying trends, and customer interactions, and planning digital campaigns to build community online are among their many responsibilities which can be the best startup ideas.

8) Affiliate Marketing

Affiliate marketing is a business model that pays a third party to generate leads or traffic to the business. These days, everyone from influencers to significant news publications relies on affiliate marketing to drive profit.

If you have a robust audience you can plan to build one, you can make a bank with affiliate marketing. The industry generated $6.4 billion in 2020 and continues to grow, making this one of the best startup ideas to make money in 2023.

9) Graphic Designing

There is consistently high demand for graphic design services in India today digital marketing and social media-friendly advertising, a company’s visual design is arguably more critical than it ever has been in the past years.

Today, graphic designers can earn from $15 – $35 per hour, depending on their experience in the industry.

10. Copywriter

Copywriting is more than just pretty words and catchy taglines today. As companies look to build their audiences. Being a Copywriter is such a profitable startup business idea.  Copywriting can be assets, specifically those related to SEO and social media. It can be revenue-generating machines for companies, and they come with the metrics to prove it.

11. Build apps & websites

If you have coding skills you can build apps and websites. For example, create a theme template and offer it to businesses seeking a low-cost, do-it-yourself approach to websites and apps. You can also work with customers to create custom websites and apps that meet their requirements.

12. Buy and sell domain names

You can’t have a website without domain names. Many entrepreneurs buy domain names to resell them for making money. This can be a long-term startup idea which would need both money and time, as you will need to hold on to your domain names until you receive a good offer.

13. Proofreader

Being a proofreader could be a great money-making option in 2023 if you’re a voracious reader. Give honest feedback to others content writers before they publish their work such as manuscripts for books, research papers, or whatever else you are interested in reading about.

An eye for detail and expertise in the field is needed for this position to ensure that everything is print-ready.

14. Theme Designer

To be a theme designer, you must create new website themes that companies can use. This could need investigations of well-known pieces, identifying their mistake, and then developing a unique theme that addresses these issues while remaining unique to the previous theme’s popularity.

If you’re an expert in a particular industry, creating themes for that field could bring you a lot of money.

15. Online tutoring

If you’re an expert in the subject, you can start the business of online tutoring. It is essential to have a bachelor’s degree in the subject you intend to teach.

You can find online tutoring customers.

Expertise, because you’ll be able to share your skills and knowledge to enhance other students’ knowledge. You can deliver lectures and interact with your students over Zoom, making online tutoring one of the easiest online startups you can start in 2023.


In this article, there are 15 startup ideas to make money in 2023 ideas you can select to work on. Money is essential, but you’ll need more motivation than that to keep going in the market competition. Remember to become an entrepreneur and make a successful business with a vision that aligns with your talents and abilities.


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As part of Data Privacy Day celebrations, Apple launched ‘Today at Apple Session’

In celebration of Data Privacy Day, on 28 January. Apple is coming up with a new set of educational resources designed to help users take control of their data.

As threats to the privacy and security of personal data are on the rise, a new Today at Apple session will educate people on how they can safeguard their data. And to drive awareness about the importance of data privacy, Apple has partnered with Apple TV+ Ted Lasso star Nick Mohammed in “A Day in the Life of an Average Person’s Data.”

A short film to understand iPhone privacy features by Apple:

These education efforts build on Apple’s long track record as a privacy leader, with new innovations that give people more insight into how their data is used and more tools to protect it from fraud and hackers.

As a company that believes privacy is a fundamental human right, Apple has designed new features like App Tracking Transparency and Privacy Nutrition Labels, which put you in the driver’s seat when it comes to your data.

Protecting Users’ Privacy with Today at Apple

Starting on Saturday, January 28, a new Today at Apple session, “Taking Charge of Your Privacy on iPhone,” will explore features including Mail Privacy Protection, Safety Checks, Location Services, passkeys etc. In this session, users will learn how they can customize each segment based on their individual privacy preferences.

Today Apple provides free creative sessions to help its users to get the most out of their Apple products. This new 30-minute session will be available at all Apple Store locations across the world, and customers can now also sign up for Group Bookings and schedule a session for their group, organization, or class at the nearby Apple store.

Regardless of experience level, anyone can sign up for Today at Apple sessions at their local Apple Store by registering at apple.co/skills-privacy.

“We created Today at Apple to spark creativity and enable our customers to get the most out of their Apple products and features,” said Tracey Hannelly, Apple’s senior director of Retail Engagement and Marketing. “We’re thrilled to offer this new Today at Apple session to help our customers learn more about our industry-leading privacy features as we celebrate Data Privacy Day.”

Apple believes that every user should have clear insights into how their data is used and tools to decide when to share their data and who to share it with.

The whimsical short film “A Day in the Life of an Average Person’s Data” invites users to follow Apple TV+ Ted Lasso star Nick Mohammed through his average day, explaining how bad actors misuse data and how Apple works to keep his personal information safe.

“At Apple, we’re focused on designing devices, features, and services that keep users in control of their personal data,” said Erik Neuenschwander, Apple’s director of User Privacy.

“Over the years we’ve integrated powerful privacy controls into our operating systems. This film and our new Today at Apple sessions will show users how they can take advantage of some of the features we offer, and understand how privacy is at the centre of everything we do.”

This commitment to transparency and control and to privacy-protecting innovations across its technology gives Apple users more choices and more control over their personal information. On Data Privacy Day and every day, teams across Apple are pushing this work forward.

Learn more about Apple’s privacy features by visiting apple.com/privacy.

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