Top 10 Unicorn Startup Companies in India in 2024: A Comprehensive List for Startup Enthusiasts!
What do you know about the Startup and Unicorn?
Well, Startup is the beginning of a new business adventure while Unicorn is a company that has the valuation of one billion dollar or above!
Sounds interesting?
Yeah, it is. So here are the top 10 unicorn startup companies of India with lots of useful details.
Keep reading, keep learning!
What is a Unicorn Startup?
Unicorn Startup is made with these two words, ‘Unicorn’ and ‘Startup’. Unicorn is a business term that can be defined as a startup that has a value of over $1 billion. The term was coined by a venture capitalist and a seed investor called Aileen Lee.
Startups basically are companies that are privately held. Generally, startups in their business are at an early stage of their development.
Related: You need the AI Marketing Tools for the growth of your Startup
Tell me more about Unicorn Startups
In general, unicorn startups are innovative companies that provide products or services across diverse sectors such as technology, e-commerce, finance, and healthcare, among others. They generally experience rapid growth. Venture capitalists and other investors make huge investments in them.
However, most of these companies use advanced technologies, business models, or marketing strategies to develop a competitive edge and then seize a big share of the market.
Also read: Safeguard your Startup with Inclave Login online security
Top 10 Unicorn Startup Companies in India 2024
Here is a list of top 10 Unicorn Startup companies in India that may help you find the inspiration to start your very own startup journey.
1. Zepto
- Founded: 2021
- Founders: Aadit Palicha and Kaivalya Vohra
- Investors: Nexus Venture Partners, Glade Brook Capital
- Sector: E-Commerce (Groceries)
- Valuation: $1.4 billion
Overview: Zepto has transformed the grocery delivery landscape with its promise of delivering groceries within minutes. Valued at $1.4 billion, the company is growing rapidly into urban India with investment by investors like Nexus Venture Partners.
2. MoneyView
- Founded: 2014
- Founder: Puneet Agarwal
- Investors: Accel Partners, Nexus Ventures
- Sector: FinTech
- Valuation: $1.2 billion
Overview: MoneyView offers personal finance management tools and loan solutions. The fintech startup has maintained a valuation of $1.2 billion after receiving colossal funding from Accel Partners and Nexus Ventures, which have also made financial literacy available to the masses.
3. LeadSquared
- Founded: 2011
- Founder: Nilesh Patel
- Investors: WestBridge Capital, Gaja Capital
- Sector: SaaS (CRM)
- Valuation: $1 billion
Overview: LeadSquared is an end-to-end CRM solution provider for businesses to streamline sales and marketing. It has received $1 billion valuation by WestBridge Capital and Gaja Capital. It serves in sectors such as education and healthcare.
4. Purplle
- Founded: 2012
- Founders: Manish Taneja and Rahul Dash
- Investors: JSW Ventures, IvyCap Ventures
- Sector: E-Commerce (Beauty)
- Valuation: $1.1 billion
Overview: Purplle is an e-commerce marketplace that deals with beauty products. It has received $1.1 billion in funds from JSW Ventures and IvyCap Ventures. The company is trying to rewrite the book for Indian luxury beauty shopping.
5. Ather Energy
- Founded: 2013
- Founders: Tarun Mehta and Swapnil Jain
- Investors: Hero MotoCorp, Accel Partners
- Sector: Electric Vehicles
- Valuation: $1 billion
Overview: Ather Energy stands out as a leader in the electric vehicle space with its groundbreaking scooters. Valued at $1 billion, with backing from Hero MotoCorp and Accel Partners, it is setting off on the journey toward sustainable transportation in India.
6. Games24x7
- Founded: 2006
- Founders: Bhavin Pandya and Trivikraman Thampy
- Investors: Malabar Investments, Tiger Global Management
- Sector: Gaming
- Valuation: $2.5 billion
Overview: Games24x7 is a fantasy sports platforms and casual games provider that has become a leading player in the gaming industry after it was valued at $2.5 billion. The platform has investments from Malabar Investments and Tiger Global Management.
7. DealShare
- Founded: 2018
- Founder: Vineet Rao
- Investors: Tiger Global Management, Alpha Wave Global
- Sector: E-Commerce
- Valuation: $1.62 billion
Overview: DealShare has focused on social commerce through grocery and essential shopping in regional languages. With an investors’ valuation of $1.62 billion, the company is growing rapidly across India.
8. Oxyzo
- Founded: 2016
- Founders: Ritesh Kumar
- Investors: Matrix Partners India, Gaja Capital
- Sector: FinTech (Supply Chain Financing)
- Valuation: $1 billion
Overview: Oxyzo is a financial company providing credit solutions to SMEs. Its valuation of $1 billion places it at a high rank in facilitating credit access among supply chain financing sector.
9. ElasticRun
- Founded: 2016
- Founders: Sandeep Deshmukh
- Investors: Kalaari Capital, Avataar Ventures
- Sector: Logistics
- Valuation: $1.4 billion
Overview: ElasticRun connects brands directly to rural customers through an efficient network of logistics. Valued at $1.4 billion by Kalaari Capital and Avataar Ventures, it increases the efficiency of the supply chain in remote regions.
10. Perfios
- Founded: 2011
- Founder: Arun Kumar
- Investors: Bessemer Venture Partners, Kedaara Capital
- Sector: FinTech (Credit Assessment)
- Valuation: $1 billion
Overview: Perfios excels in credit assessment solutions for financial institutions. This fintech startup had reached the valuation of $1 billion in a pretty short time frame, raising investment from Bessemer Venture Partners and Kedaara Capital.
Also read: Learn about the Best Password Manager for your Startup
Conclusion
These ten unicorn startups represent the innovative and resilient nature of the Indian startup ecosystem as each shows strong growth across sectors such as e-commerce, fintech, gaming, and electric vehicles.
Each one of these companies surely truly makes India shine on the entrepreneurial spirit canvas though equally significantly adding to the growth of its economy in many ways through employment and technological development.
These unicorns keep on unlocking ways for future startups that wish to reach such enormous heights in this fast-changing scenario, spreading their business wings across regions within the country and aboard.
What are Anime Last Stand Codes? What are the Benefits of the Code? How to Redeem them? Know everything here
Anime Last Stand is a great tower defense anime game from Roblox that combines anime and strategic gameplay. Characters from the most popular anime series can be summoned to repel waves of monsters in order to protect the bases. The gaming feature comprises one of the key enhancements: the use of codes, which fetch the players useful in-game resources.
In this post, we’re gonna see the Anime Last Stand codes, their benefits, how to redeem them, and many other things.
Keep reading, keep learning!
What is Anime Last Stand?
Players are placed in the role of a commander who are supposed to defend their base from constant attacks from enemies. Anime Last Stand has the best anime icons based on certain titles such as *Dragon Ball Z*, *One Piece*, *Naruto*, and *Demon Slayer*.
Gameplay Mechanics
This involves the following gameplay mechanics:
- Character Recruitment: Throughout the game, the players are able to recruit different anime characters as their defensive towers. Each character has a different set of skills that may create varied strategies.
- Placement Strategies: Before each group of the appearing enemies, the player needs to determine where and which characters to upgrade. This requires careful and smart planning so the defenses could be powerful against different kinds of enemies.
- Resource Management: The game awards currencies, such as Emeralds, that a player may use to recruit new characters or upgrade existing ones. Thus, resource management is very crucial and strengthens the roadmap for other developments.
Related: What are Funky Friday Codes?
Importance of Anime Last Stand Codes
To pump up the gameplay, Anime Last Stand regularly updates with codes that players can redeem for a wide variety of rewards. The codes provide crucial resources like gems, rerolls, and much more that enable players to boost their defenses without grinding through many games.
What Do Anime Last Stand Codes Do?
Anime Last Stand gets rewards for the players that usually include:
- Emeralds: This is the main in-game currency to buy and upgrade the characters, which are central to making a good defense and advancing in the game.
- Reroll: To be able to refresh their options of characters, there is a reroll option, which gives chances to get better or rarer units. This is particularly helpful for those trying to optimize their defenses.
- Jewels: Comparable to Emeralds, Jewels are another type of currency that players can use for various upgrades and enhancements in the game.
- Special Items: Some codes might provide special items or boosts that help players when they encounter strong enemies, making strategies easier to succeed in battle.
- Time-Limited Boosts: Some of the available codes provide temporary boosts that can enhance gameplay for a short time. This makes it possible to overcome challenges.
Related: What are DBD Codes?
Advantages of Using Codes
- Quick Access to Resources: Usage of codes usually provides the player with access to valuable in-game currency or items hassle-free.
- Greater Gaming Experience: Usage of codes can allow more focus on strategy rather than waste game time grinding for resources.
- Time-bound Offers: All the codes have rewards that are time-specific, and these would include unique items and/or benefits that have a significant impact on gameplay.
Active Codes for October 2024
Below are some of the active codes for use in Anime Last Stand for October 2024:
Code |
Reward |
SorryForBugs!! |
400 Soul Coins |
300KLIKES!! |
15 Rerolls and 250 Jewels |
QOLpart2Next! |
100 Rerolls |
TYBW..? |
25 Rerolls and 25 Water Essence |
NewBUNDLES?! |
10 Rerolls |
BOBAKISBACK! |
10 Rerolls and Code Items |
Goodluck!! |
1,000 Jewels |
Welcome!! |
15,000 Emeralds |
FollowDalG |
Rewards |
10KFR! |
50 Rerolls |
OverHeaven! |
30 Rerolls and Code Items |
JOJOUpdate! |
25 Rerolls and Code Items |
HeavenUpdateHYPE?? |
15 Reroll Shards and 100 Jewels |
SLIME!! |
15 Reroll Shards, 60 Magisteel, and 200 Jewels |
SecretCodeFR |
15 Reroll Shards |
Event!!! |
10 Reroll Shards, 50 Magisteel, and 3 Slime Capsules |
Expired Codes
While many codes are active, some have expired. Here’s a list of expired codes that are no longer valid:
- 10KFR!
- UNSEALED
- DOMAIN EXPANSION!
- HAIENERA
- 20FINGERS!
- Numerous others related to past events or updates.
How to Redeem Anime Last Stand Codes
Redeeming Anime Last Stand codes is a straightforward process. Follow these steps:
- Go to the Anime Last Stand game on Roblox.
- Tap the “Codes” button, which is at the left-hand side of your screen.
- Just type in the chosen code in the box appearing.
- Click on the “REDEEM” button to acquire the reward.
Conclusion
Last Stand Anime codes play an essential role in making players’ game very enjoyable as it brings them valuable assets required in building powerful defenses. Checking new codes and redeeming them immediately enhances a player’s winning chances in this great tower defense game.
As you step into Anime Last Stand in the month of October, remember to use the above active codes to ensure that you maximize fun at this energetic game on Roblox. There’s always something new to find, whether you’re strategizing against waves of enemies or upgrading your favorite characters.
Top 10 Richest Cricketers in India in 2024. See, if Your favorite is in the List!
Ever since you were born, did you hear from your parents and other family members about sports other than cricket!
Most probably not.
Ever wondered why?
Well, my friend, Cricket is not just some another sport, for Indians, it is the religion! The attraction and craziness that it has is unmatchable by other sports in India.
Cricketers in India are considered as celebrities and they have earned quite a good money from cricket. However, they have also earned money from endorsements and other sources.
Finally let us together explore the top 10 richest cricketers in India in 2024.
Top 10 Richest Cricketers in India
Do not be surprised with the 7th cricketer in this list!
1. Sachin Tendulkar
Net Worth: $150 million (₹1,250 crores)
Sachin Tendulkar is considered as the God of Cricket and who else could come to number One spot other than the God himself! Was there even a doubt!
He played in the international cricket circuit for 24 years and has broken many records, and as for this date, he is the highest run-scorer in both Test and ODIs.
Over a decade since his retirement, Tendulkar still reaps money from endorsement and business revenue and remains one of the cricketing gods.
2. Mahendra Singh Dhoni
Net Worth: $110 million (₹1,040 crores)
Mahendra Singh Dhoni always remained calm and kept his temper cool even during the tense environment. This behavior earned him a nickname Captain Cool. He was a very successful Captain and under his leadership India won the ICC T20 World Cup in 2007 and the ODI World Cup in 2011.
Dhoni’s money is not only cricketing money but also various endorsement and business interest, including his clothing brand as well.
3. Virat Kohli
Net Worth: $93 million (₹1,020 crores)
Virat Kohli has emerged as one of the successful and most marketable cricketers in the world. He is aggressive in his batting style and extremely fit because of his rigid fitness regime, creating many records since his debut in 2008.
His endorsement deals with large companies add millions to his pocket, thus making him one of the highest-paid cricketers.
4. Sourav Ganguly
Net Worth: $50 million (₹634 crores)
Sourav Ganguly is another iconic figure of Indian cricket who played as a team captain in a pivotal time for India’s cricket. After retiring, he has been engaged with commentary and administrative work.
The net worth embodies both the cricketing legacy and his current contribution to the game.
5. Virender Sehwag
Net Worth: $45 million (₹332 crores)
Virender Sehwag was known for his aggressive batting. He holds many records for high scores in ODIs as well as Tests matches. After retiring from international cricket, Sehwag began commentaries and coaching along with other businesses that added to his wealth.
6. Yuvraj Singh
Net Worth: $35 million (₹266 crores)
Yuvraj Singh was one of the best players from India to gain immense success in T20 World Cup and ODI World Cup. He was an aggressive batsman who could even hit sixes within no time. He is also a cancer awareness activist because he himself had recovered from cancer.
He has also invested in various business enterprises and brand endorsements since his retirement.
7. Suresh Raina
Net Worth: $25 million (₹200 crores)
Suresh Raina was an inseparable part of India’s limited-overs teams and has been described as an explosive batsman and fielder. He earned considerable amounts of money with IPL contracts and endorsements, pushing him into the lists of the rich cricketers.
8. Rahul Dravid
Net Worth: $23 million (₹191 crores)
Rahul Dravid is known as “The Wall” because of his solid way of batting. Rahul is one of the best Test batsmen ever, and after retiring from cricket, this brilliant batsman turned into a coach and continues to be engaged with several cricketing initiations that further add to the income he draws.
9. Rohit Sharma
Net Worth: $24 million (₹214 crores)
Rohit Sharma is also popular for his classy batting and has shattered numerous records for high scores in ODIs. As the Indian cricket team’s captain in all formats, Rohit’s income consists of match fees, IPL contracts with Mumbai Indians, and endorsement.
10. Gautam Gambhir
Net Worth: $23 million (₹144 crores)
Gautam Gambhir played a very important role in the success of T20 World Cup and ODI World Cup for India. Though he has retired from cricket, he is still active in politics and philanthropy along with commentary and analysis.
Conclusion
So, this concludes the Top 10 richest Indian cricketers!
The Indian cricketers have made huge money by playing cricket. However, after their retirement, some are still earning lots of money through their own business and various endorsements.
Indeed, this the power of their celebrity status and almost God like image that they are getting a large number of ads. which is adding to their net worth.
Cricket now comes with many different formats and has emerged as a large money-churning industry, especially the IPL. And as the cricket industry will grow, the players will also add more capital in their pocket.
Read about the celebrities and their net worth here:
Top 10 Online Data Entry Jobs from Home in India: A Comprehensive List for 2024/25
With increased remote work in India, there has been an exponentially dramatic increase in the scope of jobs related to data entry. Such work is flexible and most people, including students, homemakers, and those who need extra pocket money, find it quite convenient.
Here’s a closer look at the top 10 online data entry jobs from home available in India in 2024 along with some required skills, and average salaries.
Keep reading, keep learning!
What is an Online Data Entry Job?
Data entry is a clerical work that uses a variety of processes including typing & voice recording, entering information into computers. Data entry operators work in various sectors such as retail, healthcare, finance, transportation, etc.
Data Entry Jobs from Home in India
Below are the top 10 data entry jobs from home that are suitable for different users and different need.
1. Data Entry Clerk
Data entry clerks basically encode and update data in several databases. Most of them require knowledge about spreadsheets and word processing in order to ensure all information is recorded correctly. Focus with good typing speed is a must in this profession.
Skills needed:
- Fast typing speed.
- Attention to detail.
- MS Office efficiency.
Average Salary: ₹20,000 to ₹25,000 per month.
2. Transcriptionist
Transcriptionists listen to recordings on audio. They convert the audio files as written text. This profession demands listening and typing abilities. Good listening and typing skills are a must.
Skills needed:
- Good listening skill.
- Fast typing speed.
- Knowledge of transcription software.
Average Salary: ₹15,000 to ₹30,000 per month.
3. Data Entry Operator
Data entry operators prepare and input the data into computer systems. They may also be responsible to make sure that the entries made are correct. This work requires an observant eye and the capability to interact with data management software.
Skills needed:
- Knowledge about Data entry software.
- An observant eye.
- Organisational skills.
Average Salary: ₹18,000 to ₹22,000 per month
4. Virtual Assistant
Virtual assistants do all sorts of remote administrative work, including data entry. They manage calendars, sort through emails, and assist in project management. Their profession requires people with strong communication skills.
Skills needed:
- Effective communication skills.
- Sound knowledge of MS Office applications.
- Time management skills.
Average Salary: ₹15,000 to ₹25,000 per month.
5. Medical Transcriptionist
Medical transcriptionists convert recorded medical report statements from voices into written reports. This profession demands good knowledge of medical terminology and typing skills. Accuracy is important because it may affect patient care.
Skills needed:
- Knowledge about Medical terminology is a must.
- Good typing speed.
- Focused attention.
Average Salary: ₹25,000 to ₹35,000 per month.
6. Catalog Data Entry Operator
Catalog data entry operators enter all the details related to products into the database of the e-commerce company. They assist in verification so that all details entered are updated and correct. Familiarity with the online retail platforms may be beneficial.
Skills needed:
- Awareness of computer applications.
- Attention to detail.
- Knowledge of E-commerce.
Average Salary: ₹20,000 to ₹30,000 per month.
7. Data Entry Keyer
Data entry keyers require a high level of typing speed in transferring large amounts of data into databases or systems accurately. This work requires a high-degree of typing accuracy to avoid errors.
Skills needed:
- Typing speed of 60 WPM or more.
- Accuracy in data entry.
Average Salary: ₹22,000 to ₹30,000/month.
8. Online Survey Taker
Online survey takers perform one of the most critical jobs for businesses when it comes to collecting consumer opinions and responses. This job is not data entry per se, but very often does involve entering responses into databases.
Skills needed:
- Basic computer skills to browse the internet.
- Ability to give clear feedback.
Average Salary: ₹10,000 to ₹20,000 per month (payable per survey completed).
9. Payroll Data Entry Clerk
Payroll data entry operators maintain the payment record of the employees of an organization. They enter the names along with the other remuneration information into the company’s database so that the same will be processed easily. This position comes with some level of confidentiality and good understanding of payroll process.
Skills needed:
- Knowledge of payroll systems
- Spreadsheet software experience
Average Salary: ₹25,000 to ₹35,000 per month.
10. Freelance Data Entry Specialist
Freelance data entry specialists source projects from different clients through Upwork or Fiverr. The job requires work flexibility and drive along with good time management.
Skills needed:
- Good typing speed as well as accuracy
- Self-motivation
- Being on schedule to hit deadlines
Average Salary: Highly variable based on projects; ₹15,000 to ₹40,000 in a month depending of the work.
Conclusion
Online data entry jobs from home in India form a vast and varied landscape. Candidates have lots of choice to select the job as per their need. There are different skills requirements and salary ranges, thus ensuring that a chance exists for all—be it a fresher getting a start for a career or an experienced trying to supplement their income.
Key requirements in these positions are a strong typing ability and attention to detail. With the vast acceptance of the remote work model by companies this year, skilled data entry professionals are probably going to see their demand growing higher and higher this year.
Read more article related to Job:
What are DBD Codes? How to Redeem them to Win In-Game Rewards in 2024
Are you a fan of horror games?
Then you cannot miss Dead by Daylight!
It is a multi-player horror game that has attracted thousands of players since its release. One of the most amazing feature that DBD offers is the codes which the players can redeem to win different kinds of rewards in a game, including bloodpoints, cosmetics, among other bonus aspects.
This post will give a detailed overview of the existing DBD codes their associated rewards, and many more things.
Keep reading and learning!
What Are DBD Codes?
DBD codes are alphanumeric codes published by the game developers, Behaviour Interactive. The official sources share these codes on social media, during live streams, or as part of special occasions. Redeem these codes and get fabulous in-game rewards making your gameplay even more exciting.
Related: What are 2k24 Locker Codes?
Active DBD Codes for September 2024
Here are the working DBD codes you can redeem in Dead by Daylight, according to the latest update:
Code |
Reward |
BLOODPINT |
500,000 Bloodpoints (New) |
thedarklord |
Wax Candle badge and Dusty Secrets banner |
REDDIT1MIL |
8-bit Crow badge |
DROPDA |
Nintendo Switch rewards |
DROPWE |
Nintendo Switch rewards |
CN600K |
600,000 Bloodpoints |
DROPM |
Meg Thomas banner |
DROPSC |
Nintendo Switch rewards |
DROPBH |
Nintendo Switch rewards |
Evergreen Codes
Other than the newly listed codes above, there are still a number of evergreen codes that are still active for some cosmetic items and flags:
- BDGPRIDE: Pride player badge
- BDGNB: Non-binary player badge
- BDGAG: Agender player badge
- FLAGL: WLW flag charm
- FLAGB: Bisexual flag charm
- FLAGP: Pansexual flag charm
- FLAGT: Transgender flag charm
These codes can be claimed anytime, hence making a constant series of rewards for players in the game.
Related: What Are Anime Dungeon Fighters Codes?
Expired DBD Codes
Several codes have already expired and the player can no longer redeem them for rewards. Below is the list of some of the notable expired ones:
Expired Code |
Reward |
THISISACODE |
25,000 Bloodpoints |
DBDWEBSITE |
25,000 Bloodpoints |
RIVALSTH |
100,000 Bloodpoints |
MILADYISSEVENFOOTTWO |
50,000 Bloodpoints |
INTHISECONOMY |
50,000 Bloodpoints |
DIEHARDDIVA2022 |
50,000 Bloodpoints |
CAISHEN |
88,888 Bloodpoints |
LUCKYMONEY |
16,888 Bloodpoints |
LANTERNFESTIVAL |
15 Rift Fragments |
Note: This is not an exhaustive list but some of the most vital inactive codes that have not been redeemed by the players.
How to Redeem DBD Codes
Redeeming DBD codes is not a tough task as illustrated below in this section.
- Open Dead by Daylight on your chosen console.
- Go to the store, or menu, in which you can enter the codes.
- You need to insert the code in the field as it appears there. Remember that it is case-sensitive.
- You should then confirm the entry and get your reward.
Example Codes
As of recent updates, here are a few examples of active DBD codes.
- DBDDAY39: This one is posted on social media and can be used for a big bonus in bloodpoints.
- DROPGV: This code gives a welcome banner, exclusive to Nintendo Switch users.
Types of Rewards
Rewards that can come with DBD codes are quite diverse. Some of the most common awarded rewards include:
- Bloodpoints: These are the currency that dead by day light mainly utilizes in leveling up characters and unlocking special perks.
- Cosmetics: Special skins or outfits for characters that can give the most visual customization.
- In-game Items: Variety of items which might increase the temporary power-ups or enhancements in the game.
Tips for Players
- Track the official DBD social media and community forums for new code announcements.
- Make sure to track active and expired codes to increase your awards.
- Be part of the community to share newly found codes and instructions on how to redeem them.
The Importance of DBD Codes in Gameplay
DBD codes play an important role in enhancing the interest of a player and their level of satisfaction. They give them a scope to motivate themselves to log in regularly and participate in discussions within the community.
These codes also provide the opportunity to level up the new players with the high-experienced players.
Related: What are Kaizen Codes?
Community Factor in DBD Codes
DBD codes give out the feeling of community between the players. They usually become the means of communication by which the developers connect with their audience, most especially during special events like anniversaries or game updates.
New code launches often create buzz that drives more involvement in forums and other online social networking sites.
Related: What are Haze Piece Codes?
Conclusion
DBD codes are that amazing feature in Dead by Daylight which offers the gamers to enhance their game play experience through various rewards. In September 2024, there are a mix of both new and evergreen DBD codes. So, take advantage of those and avoid old dead, expired ones.
Stay connected with the community so as to never miss new opportunities!
CDK Cyber Attack in 2024: A Daring Cybersecurity Breach! Timeline and Consequences Explained
In a highly inter-connected digital world of today cyberattacks are a huge threat to both individuals and large organizations. Ransomware is one of the most malicious kinds of software that locks out users from accessing their data through file encryption and demands payment for granting the access.
Recently, there has been CDK cyber attack incident that shook the Western world
CDK Global is one of the largest providers of software in the automotive industry that faced one of its biggest cyberattacks to date in June 2024; its operations were severely hit in around 15,000 car dealerships across North America and Canada.
About CDK Global
CDK Global is the leading technology company offering completely integrated software solutions and services for the automotive industry. Founded in 2014, it emerged as one of the market leaders offering cloud-based dealership operations and services in North America and Canada.
Key Functions and Services:
CDK Global specializes in a wide range of services, through the DMS or Dealership Management System, encompassing:
- Selling Vehicles: Streamline the entire process from the first point of sale contact until the final sale.
- Inventory Management: Monitoring vehicle stocks and parts.
- Customer Relationship Management (CRM): An innovative tool for customer interaction and retention strategies.
- Finance and Insurance: Improve a loan processing opportunity for the customer, and offer them insurance options.
- Service Management: It is responsible for managing all the processes on maintenance and repair, involving scheduling and billing.
CDK Cyber Attack: Timeline of Events
- June 18, 2024: The first phase of the attack led to CDK Global sealing down its system as a way of trying to limit the loss. This was in a bid to protect the confidential information from being accessed further.
- June 19, 2024: While recovering the first attack, the second phase occurred. More systems sealed down, and more fears were raised with regard to the security of the customers’ details.
- June 2024: CDK Global incurred losses of more than $605 million due to the outage. The business was able to restore services; with full functionality by early July.
Impact on Dealership Operations
1. Disruption in Operations:
It resulted in the maximum operational downtime for the dealerships that caused severe disruption in essential services such as transaction processing and customer communications. Dealerships were made to revert to manual procedures and processes, which had a significant impact on slowing down their performance and affecting customer service.
2. Financial Losses:
This was financially devastating, and according to numerous estimates, within those first two weeks following the attack, dealerships lost more than $605 million. Reportedly some losses might be as high as over $1 billion because of the scale of disruption a ransomware attack caused.
3. Legal Consequences:
Following this attack, CDK Global suffered a series of lawsuits from affected dealerships and customers. These lawsuits did specify issues with the adequacy of their cybersecurity measures and capabilities to safeguard such critical customer data from leaking.
4. Escalated Cybersecurity Risks:
The attack also resulted in increased phishing attacks on dealership employees where attackers called themselves as CDK representatives and fetched sensitive information in the recovery process.
5. Reputation Damage:
It has led to suspicions about CDK Global’s readiness in terms of cybersecurity, which probably dented its reputation within the automotive segment; trust is something on which service relationships largely depend.
Who Conducted the Attack?
The attackers were identified as the BlackSuit ransomware gang a relatively new player in the cybercrime scene. It is believed that the group is primarily comprised of hackers from Russia and Eastern Europe. That group is known for using double extortion tactics which involve encryption of data as well as threats to leak the data if ransom demands are not paid.
Recovery Efforts
CDK Global hired third-party cybersecurity experts to aid in assessing the damage and restoring the systems. The organization embraced a phased approach to restoration, gradually restoring services while ensuring that enhanced security measures were put in place to prevent future attacks.
Despite all this, CDK has not revealed whether it indeed paid ransom to gain access to systems again.
Conclusion
The CDK Global cyberattack highlights some very important lessons on cybersecurity in industries that are highly dependent on inter-connected digital infrastructures.
The ever-evolving sophistication of cyber threats means that there’s a huge need for effective and firm security measures in all industries that rely on third-party IT services.
Read more News here related to Cyberattack:
Medi Assist IPO GMP: An Overview of Grey Market Premium and other Key details
The Medi Assist Healthcare Services Ltd IPO is an initial public offer wherein the company aims to raise nearly ₹1,172 cr. Ahead of the listing date of the IPO, investors keep looking at the Grey Market Premium as it tells everything about the market mood for the performance of the stock after listing.
Alright let’s know in detail about Medi Assist IPO GMP in this article.
Keep reading, keep learning!
Medi Assist Healthcare Overview
Medi Assist Healthcare Services Ltd is a leading health-tech and insurance-tech company in India, but it is more popular for being a major health benefits administrator for the country.
The company was founded in 2000 and administers health benefits to employers, retail members and public health schemes. It acts as an intermediary between the insurance companies, healthcare providers and policyholders.
What is Medi Assist IPO GMP?
Grey Market Premium is the premium at which Medi Assist Healthcare Services Ltd shares are trading in the grey or unorganized market before the shares of the company are listed on the stock exchanges.
The Medi Assist Healthcare IPO GMP is the representation of investors’ mood and demand for shares of the company in the off-book market. Positive GMP means that most probably the IPO would come for listing at a premium on its issue price and negative GMP indicates that it would probably come for listing at a discount.
Current GMP Status
The GMP for the Medi Assist Healthcare IPO has come in at ₹34 as of January 23, 2024, which means that the share listing price will stand at around ₹452; this is a gain of approximately 8.13% over the upper end of the issue price band at ₹418.
IPO Price Band and Lot Size
The price band for Medi Assist Healthcare IPO was put at ₹397-₹418 per share. The minimum lot size in the IPO was 35 shares that mandated a minimum investment of around ₹ 14,595 at the upper price band.
Subscription Status
The IPO saw robust subscription by investors with overall subscriptions being reported at 16 times by the end of the offering period. High interest for the transaction has been seen through institutional investors with their category subscribed to 40 times, reflecting high confidence in the business model and prospects of Medi Assist.
Listing Details
Medi Assist Healthcare’s shares were listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on January 23, 2024.
Listing price is expected to carry a premium to the IPO price with respect to the current GMP.
Financial Performance
The company’s revenues for FY23 came at ₹518.95 crore, against ₹412.02 for FY22. While this brings revenue figures surging, that increase never translated into a stronger bottom line for the same period, meaning there are battles that have to be won after its public issue.
How does it Compare with Other Recent IPOs?
Now, to get a better understanding of this, let’s take a glance at some recent IPOs and their GMP for comparison. For instance, the DOMS Industries’ IPO that came in December 2023 was marked with great responses. Such performances in these IPOs would give an idea about investor sentiments across various sectors.
Upcoming Government IPOs
Many IPOs related to the Indian government are lined up in the pipeline based on the strategy of strategic divestment. With a stable return profile, most of these will attract heavy interest from investors. Investors should look out for announcements by the government regarding these IPOs.
Some of the Upcoming Government IPOs are:
- NTPC Green Energy Ltd
- Bharat Coking Coal Ltd
- Central Mine Planning and Design Institute
- Indian Infrastructure Finance Company Ltd
- NHPC Renewable Energy
Top 10 Upcoming IPOs in India
Besides upcoming government IPOs several companies in the private sector are gearing up for their IPO. In the following paragraph is a concise description of some of the top IPOs expected in 2024:
- Tata Technologies
- Ola Electric Mobility
- Fabindia Limited
- Premier Energies
- ECO Mobility
- Bajaj Housing Finance
- Baazar Style Retail
- Indegene Ltd
- Aadhar Housing Finance
- Snapdeal
The aforementioned companies are from various sectors, such as tech to e-commerce and healthcare and will provide varied investment opportunities among market players.
Conclusion
The Medi Assist Healthcare IPO is a good opportunity for investors seeking exposure to the Indian health-tech space. The GMP figures are strong, with subscription rates reasonably high, so on face value, investor confidence seems decent.
As investors ride this exciting period in the Indian equity market, it would be important to consider not only individual offerings like Medi Assist but also broader trends and upcoming opportunities within both government and private sector IPOs.
DOMS Industries IPO: A Comprehensive Overview for Potential Investors in 2024-25
DOMS Industries Ltd is a leading stationery and art products company that listed its Initial Public Offering (IPO) from December 13 to December 15, 2023. The size of the IPO comprised a fresh issue of ₹350 crore and an Offer for Sale of ₹850 crore worth of equity shares by existing shareholders altogether aggregating to ₹1,200 crore.
Let’s know in detail about DOMS Industries IPO here in this article.
DOMS Industries IPO: Business Profile
DOMS Industries was established in the year 2006. It specializes in the field of designing, manufacturing, and selling a wide range of stationery items under the its flagship brand DOMS.
By volume, the company is second among stationery manufacturers in India and has significant market shares in some of the key product categories such as pencils and mathematical instrument boxes.
DOMS manufactures not only in India but also exports its products to more than 40 countries, which also increases its global presence.
Product Portfolio
DOMS Industries offers a vast range of products under various categories:
- Scholastic stationery
- Scholastic art materials
- Paper stationery
- Stationery kits
- Office supplies
- Hobby craft
- Fine art products
The company continued with expansion through acquisition of stakes in ClapJoy Innovations and Micro Wood to boost customer engagement in order to diversify the offerings portfolio.
Also read: How to check Tata Technologies IPO allotment status?
IPO Timeline
Event |
Date |
IPO Opening Date |
December 13, 2023 |
IPO Closing Date |
December 15, 2023 |
Basis of Allotment |
December 18, 2023 |
Initiation of Refunds |
December 19, 2023 |
Credit of Shares to Demat Account |
December 19, 2023 |
IPO Listing Date |
December 20, 2023 |
IPO Price Band and Lot Size
The price band for the IPO of DOMS Industries had been set between ₹750 and ₹790 per share. The lot size was 18 shares wherein a minimum of 1 lot of ₹14,220 while a maximum of 14 lots stood at ₹199,080 for the retail investors.
Also read: What are the Upcoming Government IPO in India
IPO Structure
DOMS Industries IPO consists of the following:
- Fresh Issue: The total amount of ₹350 crore through the issue of almost 4.43 million shares.
- Offer for Sale (OFS): ₹850 crore by selling around 10.76 million shares by existing investors.
The IPO price band is within ₹ 750-₹ 790 per share with the minimum bid size set at 18 shares. As per the allotment structure, 75% of the allocation has been given to qualified institutional buyers, 15% to non-institutional buyers and 10% to retail investors.
Subscription Details
As of 15 December, 2023, the DOMS Industries IPO received an excellent response from the investors:
Category |
Subscription Times |
Qualified Institutional Buyers (QIBs) |
115.97x |
Retail Individual Investors (RIIs) |
69.67x |
Non-Institutional Investors (NIIs) |
66.51x |
Total |
93.52x |
The high subscription indicated that investors were confident of the company’s growth prospect.
Anchor Investor Allocation
Even before the IPO was issued, the institutional investors expressed desire to have a stake in DOMS Industries. According to the reports, the anchor allocation was believed to be 44.81% before the IPO,
Listing and Trading
The shares of DOMS Industries were to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Risks and Challenges
DOMS Industries has an excellent market position. However, there are several risks attached therewith:
- Concentration Risk: The firm’s revenue is majorly coming from wooden pencils, so it is vulnerable to the ups and downs of the marketplace.
- Competition: The stationery market is competitive and relatively easy to enter, with risks deriving from smaller players making similar products.
- Supply Chain Vulnerabilities: It may be vulnerable to supply chain disruptions due to the lack of formal contracts with suppliers.
Financial Performance
The company has reported a net profit of ₹95.8 crore for FY23 with a year-over-year growth of 567 per cent. Its operating revenue for the same period rose 77.3% to ₹1,212 crore.
In the first half of FY24, it earned a net profit of ₹70.63 crore on revenues of ₹761.8 crore, reflecting uninterrupted growth momentum.
Also read: Top 10 Upcoming IPO in India
Use of Proceeds
The IPO funds raised for various purposes are as follows:
- Partial funding for proposed projects
- General corporate purposes
- Strengthening the distribution networks
- Expansion of portfolios of products
- Improving technology and data capabilities
Conclusion
The DOMS Industries IPO offered yet another investment opportunity for investors in the growth story of a leading player in India’s stationery market. The high subscription and interest from anchor investors could hint at the fact that markets were pretty optimistic about the prospects of the company.
However, investors are advised to consider the financials an the growth strategies of the company before investing in it.
How to Check Tata Technologies IPO Allotment Status? A Comprehensive Guide
The Tata Technologies IPO got the attention of investors, and checking the allotment status is basically the most important thing after applying.
This article will help you how to check Tata Technologies IPO allotment along with key dates, and all the necessary information.
Keep reading, keep learning!
What is Tata Technologies IPO
It is actually a subsidiary of the Tata group providing engineering services and solutions to an array of industries such as:
- Automotive
- Aerospace
- Industrial machinery
- And more…
The IPO was launched to raise the funds by selling the equity shares to the public. It gave investors an opportunity to buy the stakes in the company.
Key Details Regarding the Tata Technologies IPO
- IPO Opening Date: The IPO went live for subscription on November 22, 2023 and closed on November 24, 2023
- Allotment Date: November 30, 2023
- Price Band: The company has fixed the price band at ₹475 to ₹500 per equity share.
- Lot Size: A minimum of 30 shares aggregate amounting to around ₹14,250 is accepted.
- Total Issue Size: The IPO aimed to raise about ₹3,042.51 crores by way of an Offer for Sale of almost 60,850,278 equity shares.
- Listing Date: Shares were expected to be listed on the BSE and NSE on December 5, 2023.
How to Check Tata Technologies IPO Allotment Status?
Follow the below steps to check the Tata Technologies IPO allotment status:
1. Go to the Registrar Site:
The allotment status can be checked via the website of the registrar managing the IPO. In this particular case, the registrar is KFin Technologies. This is how to do it:
- Visit KFin Technologies website.
- Visit the page that provides the IPO allotment status check facility .
2. Enter Your Details:
- Enter your Application Number which is a unique number assigned to your application when you have filed for the IPO.
- Alternatively, you can enter your PAN in order to check allotment status.
- Click the “Submit” button after entering this information.
3. Check Your Allotment Status:
Once you fill in all the details, the system will reflect your allotment status. You will come to know whether you are allotted shares or not. Once you have been allotted shares, it will mention the number of shares allotted to you.
Related: What are the Upcoming Government IPO in India
Other Ways to Check Allotment Status
There are other ways also to know your Tata Technologies IPO allotment status if you do not want to sign in on the website of the registrar:
1. Through Your Broker:
Some brokerage houses provide a very easy method to check the allotment status of your IPO directly from their website or platform. To do this follow:
- Go to and log into your trading account
- Under access, go to the section with IPOs or investments
- Find a link or button that says “IPO Allotment Status” or similar
- You will have to give details of your application for all of these
Your broker may have either a direct link or a dashboard feature that makes it quite easy.
2. SMS Services:
Some brokers and financial institutions offer SMS service through which you can track your allotment of IPO. You can look out for such services while you are applying for an IPO or can check the same with your broker if they provide this type of facility.
Related: Top 10 Upcoming IPO in India
Objectives of the IPO
The prime objective of Tata Technologies IPO was an offer for sale, with the objective to give liquidity to the existing shareholders. There was no fresh issue of shares. In other words, the raised funds would not go into the company but would go directly to the selling shareholders, which comprises Tata Motors and other investors.
Conclusion
Allotment status for the Tata Technologies IPO can be checked either on the websites of the registrar or through the brokerage platforms or through SMS services offered by some financial institutions.
Keep your application number and PAN handy so that the whole process is smooth. As there is great interest in this IPO, knowing whether the shares will be allotted to you will help you plan your investment strategy much better.
Remain updated regarding subsequent announcements that are made by Tata Technologies related to listing dates, etc.
10 Best Job Search App in India: A Comprehensive List that will suit Your job need
Finding the right job in India is often a pretty tough task, especially because there are already lots of applicant for the same job at this point in time. Well, with the flourishing technology scenario, job search applications have taken up that role and have made it an easy as well as an efficient process.
Here is a comprehensive look at the 10 best job search app in India, reason to use them, drawbacks, pricing, and on which platforms they work.
Keep reading, keep learning!
Best Job Search App in India
Well, your job search ends here. Below are the list of 10 best job search apps that will suite your need.
1. LinkedIn
LinkedIn is the top professional networking site, which is, concurrently, a job search app. The company already has more than 900 million registered users worldwide. Job seekers can create even more elaborate profiles to demonstrate their skills and experience while connecting to other professionals in their industry. Users can browse job postings tailored to their profiles and get even more recommendations based on their career interests.
Reasons to Use: Access to diverse job postings, networking opportunities, and professional development resources.
Drawbacks: Overwhelming for new comers as there are a lot of functions on the website and a number of the features need a paid subscription
Pricing: Free for basic use; Premium plan begins at ₹1,500 per month
Platforms: iOS, Android, web application
2. Indeed
Indeed is one of the largest job search engines that gathers listings from company websites and job boards, collecting millions of jobs in thousands of different industries and locations. People can customize their job alerts and even apply through its app, so it’s a very convenient source for job seekers.
Reasons to Use: Deeper database of job postings, is relatively user-friendly and has the alerts feature for new jobs available in real time.
Drawbacks: Some list postings are outdated or inaccurate; sometimes these lists have incomplete quality control.
Pricing: There is no charge for the user. Employers pay for the premium ads.
Platforms: iOS, Android, also as a web application.
3. Naukri
Established and trusted job portal since the days of Indian job portals, Naukri lets you see a wide variety of job postings according to the experience levels and sectors. The app has robust search filters and recommends jobs according to your preferences. It also assists in creating the resume that makes your profile look better in the market.
Reasons to Use: Comprehensive database of jobs, tailor-made job alerts as well as tracking applications.
Drawbacks: Too much listings, hence it is cumbersome to find a specific role, and some premium services require subscription.
Pricing: Free for basic usage; premium services hover around ₹1,000 per month on average.
Platforms: iOS, Android, web app.
4. Glassdoor
Glassdoor is a jobs search website that gives users reviews about companies and salary info. Users can go through job advertisements while gaining important information about the company culture through anonymous employee feedback. The transparency ensures informed decisions by candidates about potential employers.
Reasons to Use: Access to company reviews, salary insights, interviews experience, all at the same time as the job posting.
Drawbacks: Less numbers of postings than on other platforms; even reviews may be skewed or not really actual.
Pricing: Free for the user; it is on the employers to pay for premium features.
Platforms: Download for iOS, Android, and as a web application.
5. Apna
Apna targets the blue-collar class and gig economy (it is an economic system where people work on a temporary or freelance basis, earning money by providing services or goods on demand.). Users have an opportunity to connect with peers for advice, while also processing applications quickly in sectors like retail and hospitality. The app is popular due to its community-driven and easy-to-use nature.
Reasons to Use: Community interaction to share leads, fast process of applying, and sector-specific listings mainly for the blue-collar jobs.
Drawbacks: Has limited reach for white-collar jobs; it majorly focuses on entry-level job offers.
Pricing: It’s absolutely free for users.
Platforms: iOS, Android platforms, and website.
6. TimesJobs
TimesJobs provides job openings in various fields along with skill assessments and career advice. The website is mobile-friendly, making the job search easier. The skill assessment tests enrich the user’s profile by allowing him or her to assess the competencies possessed.
Reasons to Use: Skill assessment tests to check competencies, articles on career advice, and easy access through mobile to job listings.
Drawbacks: Not as popular as competitors like Naukri or Indeed; many users claim that technical problems exist with the app interface.
Pricing: Free to use; premium features incur a fee.
Platforms:Available on iOS, Android, and web apps.
7. Foundit (formerly Monster)
Foundit is a very common name for the jobs search in India, which provides recommendations tailored according to individual user profiles. The app allows candidates to apply straight through it and offers resume generation tools along with application tracking features.
Reasons to Use: The app offers a highly personalized recommendation with a comprehensive list of job postings across a multitude of sectors.
Drawbacks: Some of the listings may be old, as these can stay here for years; many of the useful features are paid, so premium access needs to be availed first.
Pricing: Free basic subscription; premium services start at ₹1,500 per month.
Platforms: Available for iOS, Android, and as a web application.
8. Quikr Jobs
Quikr Jobs is an online platform that solely focuses on part-time jobs, freelance, and blue-collar opportunities available all across India. It helps users in providing easy resume creation, and further, the website extends its services of career counseling to guide them in the best possible manner regarding their job search.
Reasons to Use: It provides a range of job offerings- full-time, part-time, internships; professional resume designing services.
Drawbacks: It is only helpful for entry-level jobs and job listings are mostly not suitable for professional senior candidates; it does not guarantee quality sometime as reported from user complaints.
Pricing: It is free but provides several paid features as well.
Platforms: It is available on iOS, Android, and web application.
9. ZipRecruiter
ZipRecruiter has been known for intuitive design, thus creating easy ways through which job seekers can connect to the employers. Users have the freedom to create customized profiles, and receive real-time alerts pertaining to new jobs based on their skills and interests.
Reasons to Use: It has user-friendly design, thus simplifying application processing; it gives users real-time alerts about new jobs based on user preferences.
Drawbacks: Not very strong in Indian market compared to other platforms; has lesser listings that would be suitable for local Indian user needs.
Pricing: They are free for users; Business are charged listing-wise or on subscription plan basis through features to be used.
Platforms: iOS and Android, and a web app.
10. Hirect
Hirect is actually targeted for startup and SMEs. It links the communication between the candidate and the hiring manager, removing intermediaries in the process. This helps in greatly streamlining hiring procedures and instilling transparency on both sides of the candidate and the employer.
Reasons to Use: Direct communication with hiring managers increases transparency; ideal for job seekers looking to work for startups or small companies.
Drawbacks: There is little variety if you are seeking employment in larger firms or older companies; primary focus is on startups, which might not be everyone’s cup of tea.
Pricing: It does have a free version for submitting applications and premium features based on the needs of employers.
Platforms: iOS, Android.
Conclusion
Using these job search apps can really improve the prospect of finding appropriate employment in India. These apps provide features catering to specific needs – internship, full-time, part-time-requirements.
Each app has its ups and downs, but if used appropriately, it would boost your potential chances of getting into that job you want. It may be for blue-collar workers or high-level corporate positions; there indeed is an app suited to your needs.
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