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India's 10 Most Booming Starts-ups to watch-2023.pdf
1. Novel View
Opportuni es and
Challenges for the
Emerging Startup
Ecosystem in India
VOL. 06
ISSUE 07
2023
www.ciolookindia.com
by Sri Chaitanya
Your Perpetual Source of ATAW Knowledge
Ujjwal Singh,
President and
CEO
Changing Norms
How Successful
Startups are
Redefining the
Modern Industrial
Era?
to Watch-2023
5. STARTUP BOOM SKYROCKETING
INDIA’S ENTREPRENEURIAL BOON
ndia’s startup ecosystem continues to thrive, and
Iseveral great companies are making waves in various
industries. These startups have demonstrated excep-
tional growth potential and innovative approaches,
capturing the attention of investors and consumers alike.
Transforming the education landscape, EdTech Disruptors
leverage technology to provide interactive and personalized
learning experiences, revolutionizing the way students
acquire knowledge. These EdTech companies leverage
technology to provide innovative and interactive learning
experiences to students of all ages.
Similarly, on the technological front, futuristic IT develop-
ers are offering a broad range of Cloud-based Software
Engineering Services such as Web Application develop-
ment, Software development, Website designing, Mobile
Application Development, Graphic Designing, Ecommerce,
WordPress development, Cloud operations management,
monitoring, and much more.
Moreover, in the fashion arena, booming startups are
achieving benchmarks like Six Sigma Quality Stan-
dards–No Error in Dispatch and Delivery, to offer
exceptional Customer Care Services. These fashion brands
always serve Extravagant New Styles which sell like
hotcakes. Functionality and practicality are major inspira-
tions that they focus on.
These emerging startups are transforming the Indian
entrepreneurial ecosystem by identifying specific issues of
their particular consumer segment and solving them with
innovation, inventions, and discovering breakthroughs.
As we look ahead to the second half of 2023, here in this
exclusive edition of CIOLooK India titled ‘India’s 10 Most
Booming Startups to Watch-2023,’ we are highlighting
India’s flourishing startups that are poised to make a
significant impact in every aspect of business transforma-
tion, transition, disruption, and success.
Also included in this edition are two trendy articles our
editorial team wrote to give you a widened perspective of
the markets and industries these enterprises and their
leaders cater to. Read the mesmerizing journeys of
exemplary leaders and their successful endeavours in the
following pages. Dive in, and Enjoy!
- Kedar Borgaonkar
7. 18 Futuristic5 IT Solutions
Crea ng the Most Powerful Brand
Image for Your Business
ARTICLES
14
26
CONTENT
22
28
Chandni Agarwal
SkillsRediscovery
Reinven ng Kids’ Fashion Arena
with Li le Tags
Connec ng Learners to Mentors for
Becoming Perfectly Skilled
Novel View
Opportuni es and Challenges for the
Emerging Startup Ecosystem in India
Changing Norms
How Successful Startups are
Redefining the Modern Industrial Era?
Special profile
9. Brief
Featuring
Bharath Mamidoju,
Director
Adapt Motors Private
Limited
Adapt Motors Private Limited is an Electrical Vehicle
manufacturing & supplying company based in
Hyderabad, Telangana, providing Electric 3-Wheelers
and Electric 2-Wheelers.
Company
Varun Parikh,
Founder and CEO
Sastharam Ravendran and
Achinthya Suresh,
Co-founders
Aamir Khan,
CEO and Co-founder
Ujjwal Singh,
President and CEO
Chandni Agarwal,
CMD
Siddharth Das,
Co-founder and Director
Lokesh Maheshwari,
Co-founder
Pavan Muppalla,
CEO
Shriram Swaminathan
and Balaji,
Co-founders
BatBall11
Bumblebee Branding
Futuristic5 IT Solutions
Infinity Learn by
Sri Chaitanya
Little Tags and
Little Tags Luxury
Ruralnomics
SkillsRediscovery
Stock2Track/Catchus.in
Tuskmelon
BatBall11 is a dreamy ethereal platform for all the sports
lovers to experience the most earnest sports and games
experience, virtually!
Bumblebee is a branding and digital marketing agency in
Chennai, on a mission to help businesses communicate
brand messaging to consumers.
Futuristic5 is a web design and development company that
offers a complete solution from web designing to web
optimization.
A protege of Sri Chaitanya in the Edtech space, Infinity
Learn is completely transforming digital learning
landscape.
Little Tags and LittleTags Luxury offer the world's best
kids' clothes, footwear and accessories from a huge
spectrum of designers for children aged up to 14 years.
Ruralnomics Pvt. Ltd. is a young E-commerce and Supply
Startup with a vision to enter into the Agri Tech Industry.
SkillsRediscovery is a platform which connects you with
the best online trainers of India and abroad to learn from
them live and online.
Stock2Track is the India's best POS and billing software
with multilocation inventory management, integrated with
all POS devices and E-commerce platforms.
Tuskmelon is a young and energetic startup in next-
generation digital services, IT operational setup and
business solutions.
to Watch-2023
12. Although education has always helped us evolve, the
educational system remained conventionally rigid, resistant
to change, and confined to physical classrooms. It had been
the case before arrived global pandemic compelling every
one of us to change our entire outlook on everything,
especially the way we impart knowledge to our future
generations.
Thanks to swift digitalization and our timely adoption of
advanced technologies, we learned anew that change is the
only constant and that the journey of learning is a never-
ending endeavour. Our ancient philosophy teaches us that
we are but a thirsty mind in the cosmic ocean of eternal
wisdom; today, thousands of learning-hungry minds are
guided profoundly via Infinity Learn by Sri Chaitanya.
Revealing their focus on building the unicorn EdTech in
India and enhancing learner performance through their
digital talent and new-age technologies, Ujjwal Singh,
President and CEO, says, “At Infinity Learn, we believe in
getting substantially more for less, optimizing and multiply-
ing the results of our key success factors with optimal
efforts.”
Gaining Optimum Wisdom
He furthers that they empower learners to excel and
educators to elevate their teaching. Their goal is to encour-
age learners to surpass their expectations and inspire
teachers to improve continually. “In pursuing this ambition,
we focus on generating outcomes tailored to each learner's
unique goals rather than striving for competition. We do
not, as a principal, believe in competing with anyone,” he
insists.
Based on these exceptionally distinctive principles, Infinity
Learn has
~Achieved ATAW (Anytime, anywhere product) available
on Android Network, iOS, and Web along with offline
access for learning videos.
~Launched new features to enhance the learning journey in
an engaging manner, including CYOT (Create your Own
test), Error test, recommended videos, video solutions,
Games, etc.
~Launched Adaptive Learning such as Knowledge Graph,
Recommendation engine, Goal Setting, Dynamic Question
paper, Doubt Resolution System, etc.
Expansion/Launch of new verticals/BUs:
Alongside selling to consumers directly through the online
portal (Outside school), Ujjwal and his team Infinity have
started to tap learners ‘Inside School’ through the launch of
‘Infinity School.’ “We have made inroads into 100+ schools
in the last 12 months through our curricular and co-
curricular offerings serving learners across the Grades 1-12,
thus providing a one-stop solution to enable students in
these school’s crack ranks in the prestigious exams like
JEE/NEET,” says Ujjwal who is a tech enthusiast, innova-
tor, strong believer in modernizing education and breaking
the barriers of conventional education systems. He stands
for the values of ideation, innovation, constant improve-
ment, and inclusivity.
The Brightest Illuminating Star
Currently, he heads Infinity Learn, an outcome-based
learning EdTech start-up by the Sri Chaitanya Group. At the
company’s helm, Ujjwal manages the fast-growing brand,
ensuring its mission and vision are successfully imple-
mented across the operations.
With his 25 years of experience in education, he has
successfully delivered business value through frugal
product development with two patents filed in his name.
Before Infinity Learn, he was associated with Pearson,
where he successfully built businesses to scale from scratch
and implemented education programmes across geogra-
phies. He has served in leading roles like Chief Product
Officer and Vice President at Pearson. So far, he has created
multiple innovative digital-first education products that
have received tremendous positive customer responses.
He believes in being a better self each day, encourages and
supports his teams to outdo themselves consistently, and
pushes them to the highest level of self-actualization. An
empathetic leader, a design thinker, a serial entrepreneur, an
inclusivity advocate, a customer-centric product developer,
and an IDEO-certified rapid prototyper, Ujjwal dons several
hats with ease. He brings an experience of over two decades
in the education industry. His career straddles management
and product development in equal stead, and he always
enjoys a challenge, especially if it is time-bound.
Through Infinity Learn, he aspires to create an immersive
and measurable learning system and achieve physical
classrooms’ engagement levels in a digital setting –
13.
14. A New Age Platform for a New Age Learner
Ujjwal is also a sports enthusiast and loves binge-reading
and watching shows in varied genres. Sharing their
inspiration behind venturing into the EdTech niche, he says
that Infinity Learn aims to carry Sri Chaitanya’s legacy in
the digital learning and teaching space and create a
powerful impact in every child’s life. Infinity Learn is a
combination of traditional wisdom and technology that
creates a system of learning that is engaging and measur-
able.
As an experienced leader, Ujjwal shares his opinion on how
adopting modern technologies like AI and ML impacts the
startup space and how Inifnity Learn adapts to the change.
He says, “I'm inspired by visionaries like Sam Altman and
Sal Khan, who have already begun harnessing the power of
AI and ML in the EdTech space.” Their pioneering work
demonstrates the transformative potential of these technolo-
gies to reshape education, empower learners, and drive
innovative solutions in the startup ecosystem. The future of
EdTech lies in embracing and adapting to this change,
unlocking boundless opportunities for growth and impact.
According to him, they face several challenges in the
current industry scenario, including rapidly evolving
technology, fierce competition, and the need to continu-
ously innovate to stay ahead. However, amidst these
challenges, their focus on building a sustainable business,
adopting frugal practices, and staying true to their purpose
of empowering learners remains unwavering.
Surmounting Obstacles
To overcome these challenges, they prioritize resource
optimization and constantly seek creative ways to deliver
high-quality, cost-effective solutions. By embracing a frugal
mindset, they are better equipped to adapt and respond to
market shifts without compromising their commitment to
our learners.
Moreover, they invest heavily in research and development
to stay at the forefront of technological advancements, such
as AI and ML, which allows them to enhance and personal-
ize the learning experience. By doing so, they can better
cater to the diverse needs of their learners and maintain a
competitive edge in the market.
“Above all, we stay true to our mission of empowering
learners by fostering a culture of continuous improvement
and innovation. We actively listen to feedback from our
users, collaborate with experts, and forge strategic partner-
ships to ensure that we're always aligned with the needs of
our learners and the broader educational landscape.”
In summary, by building a sustainable and frugal business,
staying true to their purpose, and embracing innovation,
Ujjwal and Team Infinity continue to overcome industry
challenges and drive their firm towards a brighter future for
their learners and the world at large.
Fostering EdTech-powered Revolution
Ujjwal firmly believes that the startup ecosystem is crucial
today as it drives innovation, fosters economic growth, and
creates new opportunities across various sectors. The role of
startups in pushing the boundaries of technology, disrupting
traditional industries, and solving complex problems cannot
be overstated.
In particular, integrating AI into the education sector
represents one of the most significant historical moments
that humankind is poised to witness. “In the next six
months, we can expect to see ground-breaking advance-
ments in EdTech, as AI-powered solutions revolutionize the
way we approach learning and teaching.”
The fusion of AI with education will enable highly
personalized learning experiences, adaptive content, and
real-time feedback, allowing educators to tailor their
approaches to each student's unique needs. Furthermore,
AI-powered analytics will help identify areas for improve-
15. ment and guide the development of targeted interventions,
thereby enhancing overall educational outcomes.
Words for the Wise
He advises budding entrepreneurs who aspire to venture
into the startup space to acknowledge the importance of
having a solid support system. Family support is indeed
essential, as it provides emotional and mental stability
during the inevitable ups and downs of the entrepreneurial
journey. Without a strong foundation of support, the
challenges entrepreneurs face can become overwhelming.
That being said, here are some additional pieces of advice
for those eager to embark on their entrepreneurial journey:
*Passion and Purpose: Ensure that your startup idea is
something you're genuinely passionate about and has a clear
purpose. This passion will keep you motivated and help you
overcome obstacles.
*Research and Planning: Conduct thorough research on
your target market, competition, and industry trends.
Develop a comprehensive business plan that outlines your
goals, strategies, and a roadmap to success.
*Networking: Build a strong network of mentors, peers,
and industry experts who can provide guidance, advice, and
resources. Networking can open doors to potential partner-
ships, clients, and investors.
*Adaptability and Resilience: Embrace change and be
prepared to pivot when necessary. The startup landscape is
dynamic, and adapting to new situations is vital for long-
term success.
*Financial Management: Clearly understand your
financial needs and maintain a frugal mindset. Proper
budgeting and financial planning will help ensure your
business remains sustainable and can weather any
unexpected challenges.
*Team Building: Surround yourself with talented individu-
als who share your vision and complement your skillset. A
strong team is the backbone of any successful startup.
*Continuous Learning: Stay informed about industry
developments and be willing to learn from your mistakes.
The most successful entrepreneurs embrace a growth
mindset and are open to personal and professional develop-
ment.
In conclusion, while family support is an essential aspect of
a successful entrepreneurial journey, it's also crucial to
cultivate passion, resilience, and a willingness to learn. By
combining these elements, you'll be well-equipped to
navigate the exciting and challenging world of startups.
Future Momentum of Educational Innovation and
Excellence
On envisioning scaling brand Infinity Learn’s operations
and offerings in the future, Ujjwal divulges that their
strategy is centred around three key approaches: expanding
into Tie-2 and Tier-3 cities, embracing a hybrid model, and
establishing partnerships with educational institutions.
~Expanding into Tier-2 and Tier-3 Cities: “We believe
that there is immense untapped potential in Tier-2 and Tier-
3 cities, where access to quality education and resources
may be limited. By extending our reach to these regions, we
aim to bridge the gap and provide equal opportunities for
learners, regardless of their geographical location.
~Embracing a Hybrid Model: “We recognize that a one-
size-fits-all approach is unsuitable for today's diverse
learning needs. That's why we plan to adopt a hybrid model
combining the best online and offline learning experiences.
This approach will enable us to cater to a broader range of
learners, offering the flexibility of online learning along
with the personal touch and community aspect of traditional
classrooms.”
~Opening Centres and Tying Up with Schools: “To
further strengthen our presence and impact, we will open
dedicated learning centres and forge strategic partnerships
with schools. These collaborations will allow us to integrate
our offerings seamlessly into existing educational
ecosystems, providing students access to our cutting-edge
resources and expertise.”
By implementing this three-pronged strategy, they aim to
scale brand Infinity effectively and sustainably, making a
tangible difference in the lives of learners across the
country. “We are committed to continuously refining our
offerings and adapting to the evolving needs of our
audience, ensuring that we remain at the forefront of
educational innovation and excellence,” he concludes.
16. ndia's startup ecosystem has experienced significant
Igrowth in recent years, fuelled by a combination of
technological advancements, government initiatives,
and a thriving entrepreneurial spirit.
The country is now home to a vibrant community of
startups across various sectors, attracting the attention of
investors and generating employment opportunities.
However, amidst the opportunities, several challenges
persist, which need to be addressed to ensure the sustained
growth and success of India's startup ecosystem.
While going into the second half of the year, it is important
to notice what lays ahead for these early boomers in terms
of future opportunities and challenges. Let us have a
comprehensive look.
Opportunities for Indian Startup Ecosystem
*Large and Growing Domestic Market: With a population
of over 1.3 billion people, India presents a vast domestic
Opportunities and
Opportunities and
for the Emerging Startup
in India
Ecosystem
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17. www.ciolookindia.com June | 2023
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Novel View
market for startups to tap into. The rising middle class and
increasing digital adoption offer immense opportunities for
innovative products and services.
*Digital Transformation: The rapid digital transformation
taking place in India has opened up new avenues for
startups. The widespread availability of affordable
smartphones and internet connectivity has created a
conducive environment for tech-based solutions, such as e-
commerce, fintech, EdTech, and Health-Tech.
*Government Support: The Indian government has
launched several initiatives to promote entrepreneurship
and support startups. Programs like "Startup India" provide
funding, mentorship, and regulatory support, creating a
favourable environment for budding entrepreneurs.
*Access to Capital: India has witnessed a surge in venture
capital and private equity investments in startups. Both
domestic and international investors are increasingly
interested in funding promising startups, providing access
to capital for scaling operations and innovation.
18. *Technological Advancements: India has a strong pool of
technical talent, and advancements in emerging
technologies like artificial intelligence, blockchain, and data
analytics have the potential to drive innovation and create
new business opportunities.
*Rising Consumer Spending: The increasing disposable
income and changing consumer preferences present
opportunities for startups to cater to the growing demand
for unique and personalized products and services.
*Collaborative Ecosystem: India's startup ecosystem is
characterized by a collaborative culture, where startups,
incubators, accelerators, and industry experts come together
to share knowledge, resources, and experiences. This
ecosystem encourages innovation and fosters a supportive
network for startups to thrive.
*Global Market Expansion: Successful startups in India
have the potential to expand their operations globally. With
advancements in technology and access to international
markets, startups can scale their businesses beyond the
Indian borders and tap into a global customer base.
Challenges to the Startup Ecosystem of the Country
~Regulatory Environment: Despite government
initiatives, startups often face complex regulatory
frameworks, bureaucratic hurdles, and compliance issues.
Streamlining regulations and reducing red tape can
encourage entrepreneurship and foster a more business-
friendly environment.
~Access to Skilled Talent: While India boasts a large talent
pool, startups often struggle to find skilled professionals
with the right expertise. Bridging the skills gap through
industry-academia collaborations and promoting specialized
training programs can address this challenge.
~Infrastructure Bottlenecks: Inadequate physical and
digital infrastructure, particularly in remote areas, can
hinder startup growth. Investments in infrastructure
development, including affordable high-speed internet,
logistics networks, and co-working spaces, can unlock the
full potential of startups.
~Market Competition: India's startup ecosystem is highly
competitive, with startups vying for market share and
customer attention. Startups must differentiate themselves
through innovation, customer-centric approaches, and
strategic partnerships to succeed in this competitive
landscape.
~Funding Challenges: While access to capital has
improved, early-stage startups often struggle to secure
funding. Encouraging angel investments, promoting
alternative funding sources like crowdfunding, and
facilitating easier access to credit can address this
challenge.
~Intellectual Property Protection: Intellectual property
rights protection and enforcement can be a challenge for
startups in India. Strengthening legal frameworks and
ensuring effective protection of intellectual property rights
can provide startups with the confidence to innovate and
safeguard their inventions and creations.
~Cultural Mindset and Risk Aversion: While
entrepreneurship is gaining acceptance, the cultural mindset
in India often favours traditional career paths and stability.
Encouraging a culture that embraces risk-taking, failure,
and learning from mistakes can nurture a thriving startup
ecosystem.
~Talent Retention and Brain Drain: Startups face stiff
competition from established companies and global tech
giants when it comes to attracting and retaining skilled
talent. Measures to retain talent, such as offering
competitive compensation, flexible work environments, and
growth opportunities, are essential for startups to build
strong teams.
~Market Volatility and Economic Uncertainty: India's
market can be volatile, influenced by factors such as policy
changes, global economic conditions, and regulatory shifts.
Startups need to be adaptable and agile in navigating these
uncertainties, diversifying their revenue streams, and
building sustainable business models.
India's emerging startup ecosystem holds immense promise,
with a conducive market, government support, and a
thriving entrepreneurial spirit. With a supportive
government, a growing digital market, and technological
advancements, startups have the potential to drive
innovation, economic growth, and job creation.
However, addressing challenges related to regulations,
talent, infrastructure, competition, and funding will be
crucial for nurturing and sustaining this ecosystem.
Continued collaboration between stakeholders, policy
reforms, and investments in infrastructure and skill
development are vital to fostering a robust and inclusive
startup ecosystem that fuels India's journey towards
becoming a global innovation hub.
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20.
21. Creating the Most Powerful
Brand Image for Your Business
India's 10 Most Booming Starts-ups to Watch-2023
Transforming your company or business into a
digitally vibrant brand takes significant effort, time,
money, and resources. At the initial stage, you must
conduct thorough research to identify your target market
and their expectations, demands, and needs. Then you have
to analyze the data, info, and knowledge thus collected to
craft your brand's digital identity.
And then, using the highest quality of web development,
mobile apps, IT, cloud, AI, ML, E-commerce design, and
SEO management skills, you must create your digital brand
that is accessible from anywhere, anytime, is constantly
updated with the latest advancements, continually remains
in touch with users and visitors, and offers all the
personalized experience and exclusive service in a safe,
secure, sound, and seamless environment.
Therefore, what your organization deserves is the best of
the best, Futuristic5 IT Solutions–Design and
Development Studio–that assist you in creating not only
your powerful brand image but also aids you in conveying
your message to your customers in a simple, creative, and
highly effective way through a valuable web digital
product.
According to Aamir Khan, the CEO and Co-founder of
Futuristic5, finding perfectly crafted services for your brand
requires a lot of research which can be time-consuming.
"We offer a broad range of Cloud based Software
Engineering Services such as Web Application
development, Software development, Website designing,
Mobile Application Development, Graphic Designing,
Ecommerce, WordPress development, Cloud operations
management, monitoring, and much more." Futuristic5
provides you with much more than just a theme. It creates
an effective user experience for you and your visitors.
Proud to be the Most Trusted IT Solution Partners
Aamir adds, "Our expertise includes various industrial and
business domains such as healthcare, e-commerce, e-
learning, analytics, finance, entertainment, and more."
Futuristic5 is a reliable partner for all your technology
needs with affordable prices and the best quality.
Established in the year 2017 at Futuristic5, Aamir says their
USP is their focus on delivering efficient web products that
are creatively designed, easy to use, and standardized for
optimal functionality. "We've achieved significant growth
and success by delivering exceptional results for our
clients. Our innovative and customized IT solutions, deep
expertise, and commitment to excellence have earned us a
reputation as a forward-thinking industry leader. We're
proud to have earned the trust and loyalty of clients across
a wide range of industries, and we're excited about
continuing to help businesses achieve their goals through
technology," he states.
According to Aamir, their complete range of cloud-based
software engineering services is tailored to meet the unique
needs of their clients. They provide end-to-end services,
from development and design to maintenance and
monitoring. It means their clients can rely on the Futuristic5
team to handle all aspects of their project, from conception
to delivery. The company prioritizes customer service and
communication. It believes in fostering strong relationships
with its clients. And the team works closely with them
throughout the development process to ensure that clients
needs are met, and their expectations are exceeded. Overall,
they believe that their combination of technical excellence,
comprehensive services, and dedication to customer
satisfaction makes them stand out in the cutthroat
competition of the software engineering industry.
Crossing Extraordinary Milestones
Sometimes, the greatest things can come from the most
unexpected places. For Aamir and his team, it all started
with a group of friends who shared a dream of starting their
own company. They studied together. Worked for MNCs.
Honed their skills in different fields, such as design,
development, and database management, as well as
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22. Futuristic5 is a reliable partner for
all your technology needs with
affordable price and best quality.
business acumen, team-building, and networking skills.
They believed that their combined efforts would lead to
remarkable achievements.
In late 2016, they took a leap of faith and founded
Futuristic5, an IT company that would go on to offer a wide
range of services to clients across the globe. It was a great
combination of skills and expertise they had that enabled
them to fulfill all of a company's technological needs. At
first, they focused on the healthcare domain, and slowly but
surely, they expanded into other industries.
Futuristic5 stands out not only for its top-notch services but
also for its passionate and dedicated approach to each
project. They recognize the impact their work can have on
businesses and individuals and take this responsibility
seriously. The company's reach has grown beyond its initial
location and now serves businesses across different
countries. Their excellent work has been recognized and
appreciated, and their reputation continues to grow.
Futuristic5 is more than just an IT company; it demonstrates
the strength of teamwork and shared goals, reminding us
that great achievements come from a dedicated team that
believes in itself and is committed to making a difference.
Aamir says he is proud and grateful for the extraordinary
success he and his team have achieved and looks forward to
the future with excitement and optimism for Futuristic5.
With Parvej Alam as their current CTO and Ramiz Khan
as their Co-founder, Futuristic5 is poised to continue its
ascent as a leading IT company, delivering innovative
solutions that change the way businesses operate and
succeed.
A Commitment to Excellence
As per Aamir, their clients admire their commitment to
excellence, integrity, and teamwork. He says, "They
appreciate our technical expertise, attention to detail, and
ability to deliver projects on time and within budget. We
also believe that our ability to communicate effectively with
our clients is a key quality. We prioritize these values and
qualities in all aspects of our work, and they are essential to
building strong, lasting relationships with our clients.”
As an experienced leader in the software engineering
industry, Aamir believes that adopting modern technologies
like AI and ML can significantly impact startups, offering
the potential to automate tasks, gain insights, and scale
efficiently. However, their adoption also presents
challenges, requiring specialized expertise and significant
investment. "Our company invests in ongoing training and
development to ensure we have the expertise to work with
these technologies effectively." They work closely with their
clients to understand their needs and goals and identify
opportunities to leverage AI and ML to deliver value to
their business. They prioritize ethical considerations and
work to ensure their use of these technologies aligns with
their and their client's values. “Overall, we believe in
staying on the cutting edge of technology while keeping our
clients' needs and values at the forefront.”
“Scaling the Future with Innovation and Excellence.”
“Technology, Values, Excellence: Our Winning Trio.”
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23. Overcoming Obstacles
Considering the current industry scenario, Aamir says they
face some challenges and regularly overcome them. These
include,
Ÿ Staying up-to-date with emerging technologies through
ongoing training and education.
Ÿ Using agile development methodologies to meet tight
deadlines and adapt as needed.
Ÿ Managing project scope and budget effectively using
project management tools and techniques.
Ÿ Offering competitive compensation packages and a
positive, collaborative work environment to attract and
retain top talent.
Ÿ Prioritizing effective communication and collaboration
with clients to deliver high-quality solutions that meet
their unique needs.
A Heartily Advice
His advice to budding entrepreneurs aspiring to venture into
the start-up space is straight from the heart. He says,
Ÿ Be passionate about your business idea.
Ÿ Focus on your customers' needs and satisfaction.
Ÿ Build a strong team of talented individuals who share
your vision and values.
Ÿ Be prepared to pivot your strategy if necessary.
Ÿ Keep your long-term goals in mind and stay focused on
the big picture.
Following these tips can increase your chances of success
as a budding entrepreneur.
Let Us Create an Exceptional Future
On envisioning scaling Futuristic5's operations and
offerings in the future, Aamir reveals,
Ÿ “Our goal is to expand our operations and offerings in
the future to meet the growing demand for our services.
Ÿ We plan to continue hiring top talent to strengthen our
team and ensure that we provide our clients with the
best possible solutions.
Ÿ We constantly explore new technologies and trends to
stay ahead of the curve and offer innovative solutions to
our clients.
Ÿ We are dedicated to providing exceptional customer
service and building strong relationships with our
clients, which has been a key factor in our success.
Ÿ Our focus on delivering high-quality solutions and
maintaining our reputation for technical excellence will
enable us to scale our brand's operations and offerings
while continuing to exceed our clients' expectations.”
Our Clients' Testimonials:
"I highly recommend the team at Futuristic5. The team, led
by professionals, are high flexible, responsive, creative and
give great value for money. My business was in start-up
mode when we engaged and still defining our core
proposition. However, the team worked very well with our
creative ambiguity and came up with a highly polished
version of what we needed to achieve. See for your selves at
." - Nigel Edwards, Founder and Managing Partner,
Ceresys.
"Working with Futuristic5 Software Solutions LLP was a
great decision for us. The team is highly engaged and
worked closely with us to develop our website. They are
highly professional and reliable, which led us to save on
time and project costs. We highly recommend Futuristic5
for all your software development needs." - Asim Amin,
Founder and CEO of Plumm Health.
Our Recognitions and Awards:
Ÿ We were selected as one of the top startups in India for
the most innovative cloud management companies by
BestStartup India. (https://beststartup.in/101-india-
based-cloud-management-companies-the-most-
innovative-cloud-management-companies/).
Ÿ We have been recognized as the 2022 award-winning
company in India for its Web Development and UX/UI
Design services by TechBehemoths.
(https://techbehemoths.com/company/futuristic5-it-
solutions#award).
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24. Chandni
Agarwal
Agarwal
Agarwal Reinven ng Kids' Fashion
Arena with Li le Tags
hen you first hold your bundle of joy in your
Whands, you automatically make a vow in your
heart to provide everything of the most
premium and supreme quality to the shining stars of your
eyes. From then on, you do everything you can to keep your
promise, and whenever the growing baby requires anything,
you make certain that it is of branded quality, meets
international standards, and is completely safe, hygienic,
and comfortable for the baby and, later, the rapidly growing
child, who is turning into a lovely kid.
And if you’re a mother like Chandni Agarwal, what will
you do if you can’t find the premium clothing collection
and designer kids’ wear you’re looking for, for your babies,
children, and kids?
Ÿ Chandni not only invented Little Tags and Little Tags
Luxury––two globally renowned brands–– but also
being a CMD, bagged awards like –
Ÿ Business Iconic (2022),
Ÿ Corporate Review (2022),
Ÿ Femina (2021),
Ÿ Fortune 500 India (2021),
Ÿ SheThePeople-Digital Woman Award (2021),
Ÿ The Business Connect India (2020),
Ÿ Forbes India (2020),
Ÿ The Economic Times (2019), and several others.
The Finest Range for Fashionistas
Little Tags was launched in 2017 and has been a unique
eCommerce platform for kids’ clothing, bringing branded,
high-quality kids and clothing under a single roof. “Little
Tags lets you shop a wide range of premium products for
kids without any hassle.
We are an E-Commerce multi-label brand that deals in the
finest range of kidswear, footwear, kid's essentials, toys,
accessories, and much more,” shares Chandni.
Little Tags is the host of popular brands such as Rohit Bal,
Payal Singhal, Samant Chauhan, Pallavi Mohan, Shivan
and Narresh, Sahil Aneja, Siddharth Tytler, Krishna Mehta,
Preeti S Kapoor, and many more on its
website––www.littletags.com––with over 300+ designer
brands under its umbrella.
From creating Little Tags which excels in traditional wear
for children to Little Tags Luxury which is the home of 35+
luxury brands. The exquisiteness of the kid’s collection for
apparel and accessories at the Little Tags Luxury can be
comprehended by the line of international brands like Self
Portrait, Moschino, Balmain, Diesel, Elie Saab, Aigner,
Bugatti, Dsquared2, Emilio Pucci, Marc Jacobs, Philipp
Plein, Stella McCartney Kids, Boss and many other.
Consequently, the availability of kid’s wear from interna-
tional brands adds more to the extensiveness of the
premium line of kid’s clothing.
The Passionate Saga of a Dream Luxury Brand
Sharing her inspiration behind venturing into the business
arena, she says that she has been passionate about her
dreams which channelled her expertise to transform an idea
born out of a need into a successful business idea that's
making its mark big in the market today. She adds, “I,
being a mother, an entrepreneur, and a dream-maker, started
my journey after the birth of my first child. I found my
calling only after I became a mother. With a set of new
responsibilities added to my life, I took a road that’s less
travelled or even imagined by many. Along with taking care
of my little one as well as my family, I started this venture
with a relentless and rigorous passion. With dreams in my
heart and a belief in myself, I put my love for luxury and
art into my venture, Little Tags and it’s a name that’s
known by parents across the globe for its uniqueness
and refined collection for kids today.”
Nevertheless, initially, the ride was riddled with
many bumps. She faced several challenges which
she surmounted ensuring Little Tags’ success rate
reached greater heights. She says that one of the
biggest challenges faced was during the com-
mencement of Little Tags and Little Tags Luxury,
as there had been a talk among the people that
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26. luxury kids wear won’t entice parents to invest in high-end
kids’ fashion. “Though, I believe that parents are finding it
hard to find premium clothing collections or designer kids
wear in India, just like I found it difficult after my child’s
birth.”
As a surprise, there had been an enormous number of
people desiring a reliable store to find a premium line of
clothing exclusively for kids. “Today, we are catering to the
needs of thousands of customers every day who have been
exclusively looking for designer clothes and apparel from
international brands.”
“With every new addition in the range from an elite brand
to a designer label, we are overcoming every challenge that
we have been facing during the creation of the website.” It
was basically the firm and strong conviction to create an
online store with a specific category of kid’s wear that
helped to overcome every challenge.
Perfecting the Quality Benchmarks
When asked what leadership skills, values, and qualities she
thinks her clients admire most in her and her company,
Chandni says that Little Tags and Little Tags Luxury work
with Blue ocean strategy and thus are Pioneer in Luxury
Kids Clothing and have a huge variety of Kids Wear and
Accessories.
“Another major achievement we have is our ‘Six Sigma
Quality Standards–No Error in Dispatch and Delivery.”
“We are ahead of time with our ‘Customer Care Services’
and belief in keeping our customers complacent.”
“We are a Fast fashion brand who always serves Extrava-
gant New Styles which sell like hot cakes. Functionality
and practicality are major inspirations and we focus on
having kids’ friendly silhouettes and fabrics.”
“We made couture for kids possible in India. We have
licensed some famous characters like Dora, Garfield, and
SpongeBob SquarePants which have a great affinity and are
quite popular among children.”
According to her, they have achieved skyrocketing
appreciation in the kid’s apparel market which has set a
benchmark for their competitors. Today, Little Tags is a go-
to name for parents across the world whether they want to
shop for casual wear, party wear, vacation supplies,
accessories for kids’ everyday essentials, it’s all that you
get, and much more.
The Only Branded Indian Kids Couture
She furthers that the main USPs that sets Little Tags apart
are the high quality, uniqueness as well as all-under-one-
roof availability of all-things-kids. “Our brand believes in
delivering the highest quality products to the customers and
makes sure the products reach the consumers after appro-
priate quality checks and safety measures.” Little Tags
houses over 300+ brands from around the world which
makes it the most sought-after choice for parents to shop for
their kids.
“Also Stylish, superior, comfortable, and high-quality kids
wear has been the forte of our brand.” With blingy and
synthetic stuff available in the market, Little Tags filled this
gap with an exquisite range of kidswear, footwear, and
accessories from across the globe to Indian households!
The idea to bring big brands from around the world, all
under one roof made the shopping experience for parents a
luxurious, accessible, and satisfying affair. “From adding
brands offering unique products to expanding our business
with our eight-ten in-house labels, we have tried and
achieved a lot in such a short span of time in the industry,”
says Chandni.
As an experienced professional, in her advice to the
budding aspirants willing to enter the business world, she
says, “I believe I’ve been successful in setting an example
that there’s no specific age or time to dream and make
them come true; there's no such thing as a perfect
business plan but only hard work, passion and a belief in
oneself can take you there!”
The Disruptive Risk-taking Innovator
On envisioning Little Tags’ operations with emerging
technologies and automated tools revolutionizing the
business world by enabling innovations, Chandni reveals
that they as a brand have applied new technologies to
expand their platforms during unprecedented times.
“There’s never been a dull moment amidst all that I have
received from this business. Hence, I consider myself a
disruptor, risk-taker, and innovator!”
After COVID they’ve seen a rise in the popularity of online
platforms. Little Tags and Little Tags Luxury kept growing
because more and more people started getting acquainted
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27. with the brand. Their efforts to promote the brand online
bore fruit because there was an immense amount of traffic
across both platforms.
She furthers, “We continue to be aggressive with our digital
promotions and due to our existing online presence, more
people started recognizing the brand and started shopping
with the luxury of their homes,” finally concluding, “Our
business has grown rapidly in the past years and we hope
to keep doing more in the future. It’s the hard work of our
team that pulled it off with a proper plan and guidelines.”
Jewels in Little Tags’ Crown
The success of the firm and the recognitions earned
over the years - The biggest recognition is the love
from the clients and associations with everybody.
Furthermore:
Ÿ Little Tags has been awarded as India’s Most
Admirable Brand 2020 by Forbes India.
Ÿ The winner of the Woman Entrepreneur of
the year Award 2022 by the Indian
Achievers Forum.
Ÿ The elite collection also made to the
Ramp of Delhi Times Fashion Week
2021. The high point was the launch of
the ace designer - Rohit Bal’s collection
at Little Tags which made it to the
fashion show.
Ÿ Winning the Digital Women Awards
2021 by ‘ShethePeople’ Magazine.
Ÿ A Feature in the Business Iconic
Magazine among ‘The 10 Startups
That Caught Our Eye in 2022’ as
a path-breaking startup with
ingenious solutions.
Ÿ A feature in The Corporate
Review Magazine as the
Futuristic Woman
Entrepreneur in 2022.
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28. n the modern industrial era, startups have emerged as
Ipowerful drivers of innovation and change. These agile
and disruptive companies are challenging traditional
business models, transforming industries, and redefining the
way we live, work, and interact.
Through their unique approaches, successful startups shape
the future and leave an indelible mark on the global
economy. This article explores how these startups redefine
the modern industrial era and the key factors contributing to
their success.
Embracing Technology and Digital Transformation
Successful startups are leveraging technology to drive
transformative change across industries. From artificial
intelligence and machine learning to blockchain and the
Internet of Things, these startups harness emerging
technologies to create innovative products, streamline
operations, and deliver enhanced customer experiences.
They are disrupting established sectors such as finance,
healthcare, transportation, and retail, paving the way for a
digitally-driven future.
How Successful Startups
areRedefining the
Modern IndustrialEra?
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Customer-centric Approaches
Startups are redefining the industrial era by prioritizing
customer-centricity. By deeply understanding their target
audience and pain points, successful startups develop
products and services tailored to meet specific needs. They
focus on delivering seamless user experiences, personaliza-
tion, and convenience, essential in today's fast-paced and
connected world.
Agility and Adaptability
Unlike traditional industrial giants, startups can quickly
adapt to changing market dynamics. They have a nimble
organizational structure and can respond rapidly to
customer feedback, market trends, and emerging opportuni-
ties. Startups embrace a culture of experimentation,
learning from failures, and iterating their products and
services to stay ahead of the curve.
Disrupting Established Industries
Startups are challenging the status quo and disrupting long-
established industries. They offer alternative, more efficient,
29. Changing Norms
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cost-effective, and sustainable solutions. These disruptive
startups are reshaping transportation with ridesharing
platforms, revolutionizing accommodation with home-
sharing services, and transforming energy markets with
renewable energy solutions. By introducing new business
models and technologies, startups are changing the
competitive landscape and forcing established players to
innovate.
Collaborative and Open Ecosystems
Successful startups thrive in collaborative and open
ecosystems. They actively seek partnerships with industry
incumbents, academic institutions, and government bodies.
Startups understand the power of collaboration in driving
innovation, sharing resources, and accessing new markets.
By forging strategic alliances, startups can leverage the
expertise and networks of established players while
bringing fresh perspectives and disruptive ideas to the table.
Empowering Entrepreneurship
Startups are fostering a culture of entrepreneurship and
inspiring a new generation of innovators. They create
opportunities for individuals to pursue their ideas, take
risks, and build their businesses. The success stories of
startups serve as a source of inspiration, encouraging
aspiring entrepreneurs to think big and challenge traditional
norms.
Democratizing Access
Startups are democratizing access to products, services, and
information once limited to a privileged few. Through
innovative business models, they are making previously
expensive or inaccessible goods and services more
affordable and widely available. Startups in the healthcare,
education, and finance sectors are breaking down barriers
and ensuring that essential services reach underserved
populations.
Sustainable Practices
Many successful startups prioritize sustainability and
incorporate environmentally friendly practices into their
operations. From renewable energy solutions to eco-
friendly products and services, these startups are driving the
transition towards a more sustainable industrial era. By
championing sustainability, startups influence consumer
behaviour, raise awareness about environmental issues, and
inspire other businesses to adopt eco-conscious practices.
Job Creation and Economic Growth
Startups are significant contributors to job creation and
economic growth. As they expand, startups require a skilled
workforce, creating employment opportunities and driving
economic development. Startups also attract investments
and venture capital, injecting capital into the economy and
fostering innovation in various sectors.
Global Connectivity and Market Reach
The modern industrial era is marked by global connectivity
and the ability to reach a vast audience.
Startups leverage digital platforms and technology to scale
their businesses and enter international markets. E-
commerce, online marketplaces, and digital marketing
enable startups to overcome geographical boundaries and
establish a global presence. This connectivity opens up new
growth opportunities and allows startups to tap into a
worldwide customer base.
Disintermediation and Direct Engagement
Startups are disrupting traditional supply chains and
eliminating intermediaries. Startups enable direct engage-
ment between producers and consumers through direct-to-
consumer models and peer-to-peer platforms. This disinter-
mediation empowers both sides by eliminating inefficien-
cies, reducing costs, and fostering transparent and personal-
ized interactions.
Successful startups often have a significant cultural and
social impact. They shape societal trends, influence
consumer behaviours, and address social challenges. They
are redefining the modern industrial era by embracing
technology, adopting customer-centric approaches, and
disrupting established industries. Their agility, adaptability,
and collaboration enable them to drive innovation and
create new opportunities in the global economy.
As startups continue to push boundaries and challenge
traditional models, they play a pivotal role in shaping the
future, driving economic growth, and improving the lives of
people around the world. The impact of these startups
extends far beyond their industries, signalling a paradigm
shift in how businesses operate and how innovation is
cultivated in the modern industrial era.
30. SkillsRediscovery
Connecting Learners to Mentors for Becoming Perfectly Skilled
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learning mind is insatiable for knowledge. Finding
Aanswers to the never-ending questions that erupt in
the mind's barren land is what wisdom entails.
Individuals seeking answers need help finding or learning
all solutions. They require teachers or guides with subject
knowledge and more experience. These mentors are
plentiful in today's technologically advanced era.
However, many of these individuals who have a strong
desire to learn new skills find it difficult to find time,
organize their schedules, or invest a significant portion of
their earnings into such endeavors and connect with their
ideal mentors because they are preoccupied with earning a
living for themselves and their families.
Furthermore, there are significant requirements in the
Indian education system for students to be prepared with
industry-ready skills. A significant gap has been discovered
between the number of skilled professionals required by the
industry and the number of experienced professionals
available.
Recognizing the critical need to bridge this gap and connect
learning minds to skills mentors who can help these
knowledge seekers achieve their personal and professional
goals, SkillsRediscovery has created an online platform
that is the perfect solution. It connects you with the best
online trainers in India and abroad to learn from them live
and online.
This pioneering company's Co-founder, Lokesh
Maheshwari, says that the vast divide between formal
education, or hunger for skill-based learning and its
availability, has inspired him to launch SkillsRediscovery to
revamp our entire educational paradigm.
We Connect Learners to the Right Skills and Mentors
He recalls, “When I worked for Amazon in 2011, or while
also finishing my degree and learning a foreign language, I
noticed a significant gap between natural abilities and
formal education.”
According to him, everyone knows what they want to do
after 12th grade: BA, BCom, BTech, or any other degree
subject. However, he adds that there is no one to advise or
properly guide or mentor those students on what they
should do additional than simply getting a formal degree;
he believes that individual passion is broader than
traditional education. “Whomever you seek counsel with,
most will recommend subjects for your higher education.
Nonetheless, they won't emphasize the idea of pursuing
your passion in the subject you have talent and interest in,”
he says.
Yet, Lokesh needed more financial wherewithal to pursue
and commercialize this idea. After four years, he moved to
Wipro Ltd in the financial services domain. Wipro assisted
him in pursuing his other small dream of pursuing an MBA,
and he felt compelled to act on the idea that had been
gnawing in his mind for years throughout his MBA degree.
Then, in 2018, Lokesh started his firm's functioning with
the Micro Franchise initiative while working full time and
participating in various international business projects. And,
since he was required to work nine to ten hours per day as a
corporate employee, it made him run his business difficult.
After balancing his office and business, he eventually left
his corporate job just before the lockdown in 2020,
allowing him to focus more on his firm. “After a while, I
met the other Co-founder, Prof Dr. Rishi Aacharya, which
resulted in the formation of SkillsRediscovery.”
Experts to Teach You the Best of Any Skill
And he furthers that today, they are two enthusiasts who
have the vision to redefine the country's education system.
They firmly believe that the time has come when they
32. stretch their necks and look around at the options to enable
better education for all.
"When we started skillsrediscovery.com, we were the only
two, but now the diaspore of like-minded trainers and
learners are there with us. Our dream is to reach the last
mile student with access to technology but looking for a
good coach," says Lokesh.
And true to his words, with 1000+ online courses available
in 20+ languages, 60 certified systems, 55K monthly
visitors, and 2240 students enrolled, SkillsRediscovery is
fast emerging as the most significant breakthrough of online
skills-based education in the continent. SkillsRediscovery
is also helping colleges and corporates to upskill their
employees so that they can be more productive and relative
to the current demand of the industry and employers can
also be benefitted by saving the cost of overall operation by
upgrading their manpower and retention of the workforce.
Talking about their recent accomplishment of receiving the
"The Best EdTech Startup of the Year" by Award
'TopRoboLab' for SkillsRediscovery in 2021, Lokesh
says that even though other companies have been operating
in this field for many years, they have been recognized and
rewarded for their unique services. “We are working to
provide certain value-added services to make a difference
in society, and we were overjoyed when it was recognized.
This honor inspired us to work harder and provide more
skill-based services that the market would value.”
Highlighting their many services, he says they include
offline on-campus classes, online live classes in Coding,
Art, Animation, Business Skills, Finance, Meditation, and
Languages. Further,
Ÿ You can learn at ease and comfort–You can find the
trainers which suit your timing and learn directly from
your home.
Ÿ Personalized learning experience–With a limited
number of learners, you get personal attention in
classes.
Ÿ Recording of the class for later reference–All the class
recordings are available after the classes.
Being Local, Teaching Global
SkillsRediscovery also helps Institutions to teach globally.
"SkillsRediscovery onboards colleges/universities to bring
out your true potential. Our theme is Be Local–Teach
Global," informs Lokesh.
According to Lokesh, the top skills needed by employers in
the modern workplace include Problem-Solving – learning
the art of solutions; Lifestyle Skills – excellent grooming
skills for you, Communication Skills – win the world with
your talks; Digital Marketing – the new era of the twenty-
first century, Business Skills – needed by every
entrepreneur, IT Skills – raise your income bar, Foreign
Language Skills – remove the boundaries and connecting
the world.
Talking about their recent accomplishment, Lokesh
informed that they received the "The Best EdTech Startup
of the Year" award by 'TopRoboLab' for
SkillsRediscovery in 2021.
On envisioning the future of the brand SkillsRediscovery,
Lokesh reveals that skillsrediscovery.com will be the
biggest skills-based education ecosystem in Asia in which
the future of students, learners, and trainers will thrive due
to an integrated and Symbiotic Mutualistic Relationship
among the stakeholders.
“We are a platform where anyone who has a mastery in any
skill can join us as a coach. Students and Learners who
want to learn any new skill can take advantage of this
platform and learn from these experts. We are a meeting
place for them in cyberspace.” he says.
Sharing more, he adds that recently, SkillsRediscovery
conducted a workshop on Introduction to Foreign
Languages (German & Japanese) in IMS Noida on
22/Mar/2023 and another workshop in GL Bajaj Institute of
Management, Greater Noida on Scope & Benefits of
Japanese Language on 22/Mar/2023. “There we addressed
students as well as faculty members about the importance
of foreign languages and how a student can add an edge in
his resume and widen the career opportunities.”
SkillsRediscovery signed MoU with IMS Noida, as a Skill-
Partner and is starting a pilot project in IMS Noida. "We
are going to teach German and Japanese Languages to
their students and also running a Personality
Development program for the students wherein we will
conduct many workshops to groom their students and make
them more ready for placements," Lokesh concludes.
For more information about these projects,
one can visit https://skillsrediscovery.com/
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