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<keyword id="6354692" type="ORGANIZATION" weightage="20" keywordseo="Travel">Travel</keyword> sector is growing phenomenally with Indians booking tickets on the fly. As the market is set to grow from 18 million to 30-50 million outbound travelers in the next 5-7 years, there is fleet of travel start-ups in the market currently but one of them claims to have turned profitable this financial year. Established in October 2011, <keyword id="944934" type="COMPANY" weightage="20" keywordseo="TravelTriangle">TravelTriangle</keyword> is India’s first full stack holiday marketplace with a team of 400 people, and a team of 650+ expert agents across the globe. The company wanted to connect travelers with safe, reliable, local and verified holiday planners in various destinations around the world. The <keyword id="355954" type="ORGANIZATION" weightage="20" keywordseo="USP">USP</keyword> of the company, undoubtedly, is its personalized approach, intelligent product and reliable fulfillment. The company has served travelers from 60 countries and has successfully served over 20 lakh+ travelers visiting the website every month with 65+ destinations on its platform. <div type="embedgroup"> <div type="Article" hostid="261" msid="59110186" title="Exclusive: There’s a new ‘Mood Store’ at Jabong; this is why it’s convenient" rank="1.0" kind="RELATED" publishDate="Jun 12, 2017, 5:13 PM" mstype="2" mssubtype="0"></div></div> Business Insider spoke to Sankalp Agarwal, CEO &amp; Co-Founder, TravelTriangle who said that while the company has turned unit-wise profitable, they are aiming to be <keyword id="63060" type="ORGANIZATION" weightage="20" keywordseo="EBITDA">EBITDA</keyword> profitable in next year, “We have seen the impact that agent networks in the marketplace have had so far, and with more suppliers joining us, travelers will further benefit through cheaper prices and a wider range of high-quality services. As more suppliers successfully scale their operations, their ability to offer lower prices and better services has increased, bringing more customers on to the platform. We are also expanding our market by providing new inventory that never existed in the market like weekend getaway packages, experiential holidays, etc.”<div type="embedgroup"> <div type="Article" hostid="261" msid="59048930" title="Lay&amp;#39;s has a new concept and it was released at the Milan Design Week" rank="1.0" kind="RELATED" publishDate="Jun 08, 2017, 2:00 PM" mstype="2" mssubtype="0"></div></div>
 TravelTriangle, India’s largest and fastest growing marketplace, has set yet another benchmark, achieving unit economics profitability (earning revenues on every transaction post marketing, payment gateway, support &amp; ops cost) and securing a gross marginal value of Rs. 350+ crore as of March 2017. The company became Contribution Margin Net Marketing (CMNM) positive in 6 key geographies in June 2016 including an international market. As of April 2017, TravelTriangle has achieved unit economics profitability across all geographies in the market. The start-up banks on ccustomization as the key to improving product and meeting the evolving demands and choices of consumers and provides 3 unique services for travellers: 1. Multiple quotes from verified &amp; reviewed travel agents: The smart algorithm matches travellers with multiple leading travel specialists who are best qualified to design the dream itinerary. Multiple quotes give travellers a comparison of prevalent options and provide easy price discovery &amp; savings. 2. Make it the customer’s way: Travel agents work along with the traveller to plan the itinerary by understanding the traveller’s needs and then customize further as per requirements. Customization is an important tool enables travellers to book affordable holidays with travel agents. <div type="embedgroup"> <div type="Article" hostid="261" msid="58995138" title="Indian SMEs confident about their growth in 2017, according to this American Express Survey" rank="1.0" kind="RELATED" publishDate="Jun 05, 2017, 1:00 PM" mstype="2" mssubtype="0"></div></div>
 3. Assured Last Mile Delivery: Each travel specialist partner is personally and meticulously verified. TravelTriangle also offers its customers the money safe guarantee – a service unique to the whole travel sector. The verification system conducts regular checks to monitor the safety of the customer’s money and ensure that travel agents provide the services as promised.

Here's why this Indian travel startup has become profitable

Online learning platform <keyword id="6630114" type="UNKNOWN" weightage="20" keywordseo="unacademy">Unacademy</keyword> is now valued at $3.44 billion after the latest round of fundraising, where it got investments to the tune of $440 million. Over the last 18 months, the valuation of the <keyword id="9578177" type="UNKNOWN" weightage="20" keywordseo="unacademy-group">Unacademy Group</keyword> has risen almost 10 times, the company reportedly said in a statement. This was the Series H round of funding for Unacademy where Aroa Ventures, the family office of hotel chain <keyword id="2808667" type="PERSON" weightage="20" keywordseo="OYO">OYO</keyword>’s Founder Ritesh Agarwal, and Deepinder Goyal, Co-Founder and CEO at Zomato, participated. Some angel investors of Unacademy have exited in this round. Aside from these, existing investors like General Atlantic, Tiger Global and <keyword id="3749718" type="PERSON" weightage="20" keywordseo="softbank-vision-fund">Softbank Vision Fund</keyword> put in more money.This is the second investment by Tiger Global, and General Atlantic who increased their stake in Unacademy in January this year. The different shades of India’s booming edtech The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy has a growing network of more than 50,000 registered educators and over 62 million learners, in 14 Indian languages across 5,000 cities. Unacademy is known for its offerings that help students prepare for competitive exams and it has been one of the biggest beneficiaries of the shift to online learning. Unacademy differentiates itself from Byju’s, which relies on pre-recorded content, and Vedantu that is known for its live-tutoring. India’s edtech industry, which had an annual revenue pool of $700 million at the end of March 2020, saw its business double in the following year due to the pandemic, according to data from Goldman Sachs. The global investment bank expects the entire edtech space to be worth $30 billion dollars by March 2024 as Indians spend the most on education, as a proportion of household consumption, after China. Unacademy has been acquiring other startups amidst an edtech boom Late last month, Unacademy announced that it has acquired game streaming platform <keyword id="11725251" type="UNKNOWN" weightage="20" keywordseo="Rheo-TV">Rheo TV</keyword>. Rheo TV is a platform that helps professional game streamers livestream their gameplays and monetise those feeds. In February, Unacademy acquired TapChief, a professional networking and "future-of-work" platform, at a valuation of ₹100 crore. SEE ALSO: <a href="https://www.businessinsider.in/business/news/byjus-last-two-acquisitions-and-a-deal-with-disney-reveal-its-american-dream/articleshow/84783749.cms">Byju's last two acquisitions and a deal with Disney reveal its American dream ⁠— one that is anchored in India</a> <a href="https://www.businessinsider.in/personal-finance/news/six-red-flags-for-investors-to-avoid-becoming-a-victim-of-misselling-by-agents-or-financial-advisors/slidelist/84782913.cms">Six red flags for investors to avoid becoming a victim of misselling by agents or financial advisors</a>

The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

Indian billionaire <keyword id="6364080" type="PERSON" weightage="20" keywordseo="binny-bansal">Binny Bansal</keyword>, is an internet entrepreneur who co-founded Flipkart along with Sachin Bansal in 2007 and stayed with the company until 2018 when Walmart bought it over. Here are a few <keyword id="8866696" type="UNKNOWN" weightage="20" keywordseo="interesting-facts-about-Binny-bansal">interesting facts about Binny Bansal</keyword> some of which will inspire you and the others may be a warning. From Chandigarh to IIT Delhi Binny Bansal hailed from Chandigarh, the common capital of Punjab and Haryana. Sachin bansal, his business partner too was from the same place. They met each other at IIT, Delhi as students of Computer Science Engineering before they set up Flipkart. The maker of unique car sensors After graduating from IIT-Delhi, Binny started his career with a research and development firm, Sarnoff Corporation, India where he designed car sensors that were programmed to give automatic beep sounds if the driver changed lanes without giving signal. Building a business and losing it all <a href="https://successstory.com/people/binny-bansal">Binny said he founded Flipkart after</a> Google rejected him twice, once in 2005 and then in 2006. Before starting Flipkart, Binny worked for Amazon for about nine months and in 2007, Binny and Sachin launched Flipkart, with a capital of ₹4 lakh, as a platform to sell books. Flipkart started in a small flat in Koramangala delivering books ordered online. It is said that Sachin dreamt of big ideas and Binny executed them. During the initial days, both of them took turns to deliver the consignments on a scooter. He served as a Chief Operating Officer until 2016 where he earned a reputation for being ‘The Operational Guy’, and ‘The Executioner’. He became the CEO in 2016 and then the Group CEO in 2017. The employees at Flipkart <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/binny-bansal-once-flipkarts-engine-now-the-kart-runs-without-him/articleshow/66629215.cms">described Binny as a calm and highly approachable person</a>. Though he ran a multi-million dollar firm so successfully, he was always willing to learn to improve himself. He participated in a <a href="https://www.livemint.com/Companies/VVgc0VII28w6w2aSQ4V0dP/Flipkarts-other-Bansal-comes-to-the-fore.html">personality training and leadership coaching in 2014</a>. From a small beginning, Binny Bansal, along with his friend Sachin Bansal, turned Flipkart into a massive online e-commerce venture that was bought over by Walmart in 2018 for a whopping $16 billion. Binny Bansal, the billionaire According to Forbes, Binny Bansal has a net worth of $ 1.3 billion. In 2017, <a href="http://www.skillstic.com/binny-bansal-biography/">India Today</a> ranked him in the 26th position along with Sachin Bansal among the 50 most powerful people. <a href="http://www.skillstic.com/binny-bansal-biography/">TIME named the two friends</a> among the 100 most influential people in 2016. The fall from grace Binny Bansal stepped down from his position as CEO of the company in November, 2018 following an internal review after an allegation of personal misconduct. Although the allegation was taken down, it was Binny Bansal’s lack of transparency in the matter that cost him his job. "While the investigation did not find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses in judgement, particularly a lack of transparency, related to how Binny responded to the situation. Because of this, we have accepted his decision to resign," <a href="https://www.forbes.com/sites/meghabahree/2018/11/13/flipkart-ceo-binny-bansal-resigns-after-probe-into-personal-misconduct/#4a3e39f55ac3">Flipkart had</a> said in the statement then. SEE ALSO: <a href="https://www.businessinsider.in/interesting-facts-about-ola-founder-bhavish-aggarwal/articleshow/71186840.cms">Ola Founder Bhavish Aggarwal</a> <a href="https://www.businessinsider.in/10-interesting-facts-about-ratan-tata-that-you-should-know/articleshow/69914798.cms">Facts about Ratan Tata</a> <a href="https://www.businessinsider.in/interesting-facts-about-oyo-founder-ritesh-agarwal/articleshow/70417612.cms">Ola founder Ritesh Agarwal</a>

Interesting facts about Binny Bansal, the co-founder and former ceo of Flipkart to inspire you

Indian startup founders on Monday said that to explore a comprehensive digital India, the <keyword id="6360189" type="General" weightage="100" keywordseo="union-budget" source="Orion">Union Budget</keyword> for FY24 must leverage the full inherent potential of the homegrown technology industry to become champions of digitisation. Gautam <keyword id="893041" type="General" weightage="80" keywordseo="nimmagadda" source="Orion">Nimmagadda</keyword>, Founder and CEO of Quixy, a cloud-based no-code application development platform, said that currently, startups can avail of a tax holiday for three years since incorporation. "However, the ideal exemption should be 10 years, in view of the high cost of solution development. As positive employment drivers, startups also require government intervention in the expensive affair of hiring and retaining the right talent to drive growth," Nimmagadda said in a statement. "To lead the startups onwards and upwards, a single-window process to enable the right financial support from government would be incentivising for MSMEs," he added. According to ESOPDhan co-founder <keyword id="576027" type="General" weightage="80" keywordseo="nitin-agarwal" source="Orion">Nitin Agarwal</keyword>, the budget can reduce the holding period of ESOP shares of unlisted companies from two years to one year for purposes of capital gain. "This would make ESOPs a more attractive tool to retain and reward employees, especially among startups that are today seen as major job creators," Agarwal added. 2023 is already shaping up to be a watershed moment for the gaming industry. With the government releasing draft online gaming rules earlier this month, the burgeoning sector will see a lot more success this year. According to Sai Srinivas, Co-founder and CEO of MPL, the industry hopes to get clarity in a few areas. "The first is the GST mechanism on online gaming. We hope the government provides clarity on the tax slab applicable on skill gaming. Another relates to the AVGC fund set up as part of the AVGC Promotion Task Force announced in last year's budget," he mentioned. Access to financial support "will be a tremendous boost to young talented developers and designers, and will accelerate the push to 'Create in India' and take made-in-India games to the world," he added. <keyword id="16292225" type="General" weightage="80" keywordseo="dhruv-jolly" source="Orion">Dhruv Jolly</keyword>, Founder and MD, <keyword id="16292224" type="General" weightage="80" keywordseo="taponn" source="Orion">TapOnn</keyword> digital, said that the budget would include some assistance for qualifying firms under the 'Startup India Scheme' in terms of the number of taxes that must be filed, the frequency of filing, or the tax slabs. "We might witness a strong emphasis on attracting more foreign investment, making the registration and compliance process more easy and fast, and strengthening economic ties with other countries in the Indo-Pacific region," Jolly said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/adani-group-stocks-witness-high-volatility-amidst-war-of-words-between-the-company-and-hindenburg-research/articleshow/97437171.cms">Adani Group stocks witness high volatility amidst war of words between the company and Hindenburg Research</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/auto-parts-sourcing-startup-capgrid-raises-7-million-from-nexus-venture-others/articleshow/97437294.cms">Auto parts sourcing startup CapGrid raises $7 million from Nexus Venture, others</a>

Budget expectations: Startups seek 10-yr tax holiday, less holding period of ESOP shares

<ul><li><keyword id="265974" type="General" weightage="80" keywordseo="sunanda-sharma" source="Orion">Sunanda Sharma</keyword>, Punjabi singer and actress has released her song “9-9 Mashukan'' as <keyword id="4668945" type="General" weightage="100" keywordseo="nft" source="Orion">NFT</keyword>. </li><li>Fans can purchase partial ownership of the song and interact with the singer. </li><li>Globally, the music NFT marketplace is projected to reach over $42 billion by 2032. </li></ul> <keyword id="14028774" type="General" weightage="50" keywordseo="fantiger" source="Orion">FanTiger</keyword>, one of India’s music NFT marketplace, launched its debut music NFT with Punjabi singer and actress, Sunanda Sharma, making her the world’s first female Punjabi singer to release a song as an NFT on Friday . According to a <a href="https://www.marketdecipher.com/report/music-collectibles-market">report</a> by <keyword id="14589378" type="General" weightage="50" keywordseo="marketdecipher" source="Orion">MarketDecipher</keyword>, the global music NFT marketplace was estimated at $1.24 billion in 2021 and is projected to reach a market value of $42 billion by 2032, growing at a CAGR of 27.52 %. Sunanda, the 30-year-old artist, has opened the waitlist for her new song, “9-9 Mashukan”, for fans to reserve their spot on FanTiger.com to invest in her music NFT. This allows fans to purchase partial ownership of the song, get royalty income, exclusive community access, limited edition signed merchandise, and an opportunity to personally interact with the artist. Every music NFT purchased through FanTiger is secured on a blockchain, thus making it safe to own and free from any plagiarism, the company claims. <keyword id="2701048" type="General" weightage="50" keywordseo="prashan-agarwal" source="Orion">Prashan Agarwal</keyword>, former CEO of <keyword id="-77" type="General" weightage="50" keywordseo="gaana" source="Orion">Gaana</keyword> and Co-Founder of <a href="https://fantiger.com/">FanTiger</a> said, “Sunanda is leading the way to step into the world of bringing music closer to fans everywhere and living up to her title of ‘<keyword id="7065997" type="General" weightage="50" keywordseo="boss-lady" source="Orion">Boss Lady</keyword>’ given by her fans.” On launching her first Music NFT, Sunanda Sharma said, “NFTs are a revolutionary technology that has the potential to create a powerful impact on the Indian music industry. I have always been fascinated with the concept of NFTs, and now being able to sell my own is like a dream come true.” The announcement comes shortly after FanTiger’s recent $5.5 million seed round led by <keyword id="6384880" type="General" weightage="50" keywordseo="multicoin-capital" source="Orion">Multicoin Capital</keyword> in May. The company plans to use the funds raised to grow its team across product, tech, build industry partnerships and onboard more well-known and aspiring Indian artists.

Sunanda Sharma becomes world’s first female Punjabi singer to launch song as NFT

<ul><li><keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> fires <keyword id="6354616" type="General" weightage="20" keywordseo="twitter" source="Orion">Twitter</keyword> CEO <keyword id="3115373" type="General" weightage="50" keywordseo="parag-agrawal" source="Orion">Parag Agrawal</keyword> post the $44 billion takeover of the social media platform. </li><li>The former Twitter CEO <keyword id="12857" type="General" weightage="100" keywordseo="agrawal" source="Orion">Agrawal</keyword> will walk away with $42 million, according to reports. </li><li>Twitter's top executives stand to make a total of $88 million after being fired. </li><li>Agarwal has been trending on Twitter as Indians went berserk with memes and more. </li></ul>The world’s richest man Elon <keyword id="364027" type="General" weightage="80" keywordseo="musk" source="Orion">Musk</keyword> entered the Twitter headquarters in San Francisco with a grin and a sink in his hand. ‘Entering Twitter HQ- let that sink in!’, he posted with a <a href="https://twitter.com/elonmusk/status/1585341984679469056?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1585341984679469056%7Ctwgr%5E4935e9f4207869cc4775bf91ae6e5ce0e0d02077%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fnypost.com%2F2022%2F10%2F27%2Fhow-elon-musk-should-shape-twitter-sans-the-sink%2F">video</a> on Thursday. His first order of business post the $44 billion takeover was<a href="https://www.businessinsider.in/tech/news/musk-is-now-twitter-boss-fires-indian-origin-ceo-agrawal-other-top-execs/articleshow/95134427.cms"> firing </a>Twitter’s top four executives. Among those fired was Indian-origin CEO Parag Agrawal, who had taken over the job last November after the resignation of Twitter founder <keyword id="265395" type="General" weightage="20" keywordseo="jack-dorsey" source="Orion">Jack Dorsey</keyword>. A bitter battle The 38-year-old Indian-American Agrawal joined Twitter as a software engineer in 2011 and was elevated as its chief technology officer in 2017. Hailing from Maharashtra and an alumni of IIT Bombay, he completed his doctorate in Computer Science from Stanford University. He was also responsible for leading <keyword id="15370429" type="General" weightage="50" keywordseo="project-bluesky" source="Orion">Project Bluesky</keyword>, an independent Twitter-funded company working on creating a decentralised social network. As Twitter CEO, Agrawal was the youngest CEO heading a Standard and Poor’s (S&amp;P) 500 <a href="https://www.business-standard.com/about/who-is-parag-agrawal#collapse">company</a>. During his brief tenure, he <a href="https://twitter.com/paraga">initiated</a> the launch of Twitter edit button on the platform’s premium version Twitter Blue, added context notes on tweets and also completed the transition for controlling mentions on Twitter via Twitter Safety. Musk entered the picture in April when he made the initial buy-out offer for Twitter. Twitter account<a href="https://twitter.com/TechEmails/status/1585804674170355712"> Internal Tech Emails</a> on Friday put out a series of messages <a href="https://economictimes.indiatimes.com/tech/technology/a-series-of-chats-that-possibly-sealed-the-fate-of-twitters-ex-ceo-parag-agrawal/articleshow/95134287.cms?from=mdr">reportedly</a> exchanged between Agrawal and Musk – these show that although the two started off in agreement with each other, the relationship soured quickly. After Musk tweeted - “Is Twitter dying?” Agrawal reportedly messaged Musk – “You are free to tweet 'Is Twitter dying?' or anything else about Twitter - but it is my responsibility to tell you that it's not making Twitter better in the current context.” In a separate set of messages, Musk reportedly told Dorsey –"You and I are in complete agreement. Parag is just moving far too slowly and trying to please people who will not be happy no matter what he does." Agrawal’s fate at a Musk-owned Twitter was sealed. A freed bird and a win-win The Twitter takeover was a tale of much uncertainty and bad blood. Musk finally ended the guessing game by taking over Twitter and tweeted on Friday, ‘The bird is freed’. Musk also took to Twitter to explain his stance in an <a href="https://twitter.com/elonmusk/status/1585619322239561728?t=CnegIVx6OGazJdfG55Eb0g&amp;s=19">open letter</a> addressed to ‘Dear Twitter advertisers’. He said he would prevent Twitter from becoming a ‘free-for-all hellscape’ and build a ‘common digital town square.’ And as far as Agrawal is concerned, all is not lost. The former CEO will take home $42 million including his salary and equity awards, as reported by <a href="https://www.hindustantimes.com/world-news/parag-agrawal-likely-to-receive-42-million-following-exit-from-twitter-report-101666923071559.html">Reuters</a>. His salary was reported to be $1 million annually. Twitter's top executives stand to make a total of $88 million between them even after getting fired, according to <a href="https://www.businessinsider.in/tech/news/sometimes-it-pays-to-get-fired-twitters-top-executives-stand-to-make-a-total-of-88-million-between-them-if-elon-musk-ousts-them-heres-the-payday-for-each-executive-/articleshow/95132479.cms">Business Insider</a>. Agrawal gets the twitterati going Agrawal may have left Twitter but the Twitterati made him trend. There was a flurry of reactions from Twitterati, especially Indians who saw Agrawal as one of their own, holding the top position in one of the world’s most powerful social media platforms. The top trending hashtags in India were #ParagAgrawal #Twittertakeover #ElonMusk #TwitterHQ. Agrawal was variously celebrated, criticised, made fun of and given the ultimate social media compliment – of being memefied. Here is a look at some of the top messages about Agrawal on social media. Many took to Twitter to take a light dig at Indian parents’ long obsession with government jobs – “Doesn't matter if you are CEO of a giant social media platform. The job security will only be in Government jobs” said one user. <div type="twitter" handle="manglamiam" handlename="manglam Tiwari" image="http://pbs.twimg.com/profile_images/1148261933902000130/prif_qw7_normal.jpg" favoritecount="3453" retweetcount="455" status="Doesn't matter if you are CEO of a gaint social media platform. The job security will only be in Government jobs.… https://t.co/So8m4R9cLy" createdat="1666928142000" id="1585837687197798401"></div> Some took a dig at Agrawal, saying ‘Parag was aggressively against free speech.’ <div type="twitter" handle="JonathanTurley" handlename="Jonathan Turley" image="http://pbs.twimg.com/profile_images/1239360959447289856/Cf7PTo5z_normal.jpg" favoritecount="7504" retweetcount="1957" status="The departure of former CEO Parag Agrawal is a singular advance for free speech. https://t.co/aAQpqZIU2v Agrawal w… https://t.co/RQfTSFQQv2" createdat="1666919186000" id="1585800121727393792"></div> Others punned on the Agrawal name – a photo of a shop – Aggarwal sweets was accompanied by the message –‘<a href="https://twitter.com/hashtag/ParagAgrawal?src=hashtag_click">#ParagAgrawal</a> is back with a bang in front of Twitter HQ.’ <div type="twitter" handle="AtrijKasera" handlename="Atrij Kasera" image="http://pbs.twimg.com/profile_images/1458294608572477444/viBY4h3N_normal.jpg" favoritecount="2036" retweetcount="244" status="#ParagAgrawal is back with a bang in front of Twitter HQ https://t.co/U2h1ftSQqL" createdat="1666927729000" id="1585835953238642688"></div> An account celebrated the rising power of India and <keyword id="221875" type="General" weightage="50" keywordseo="rishi-sunak" source="Orion">Rishi Sunak</keyword> tweeting, ‘It shows that Indian domination continues in all fields’. <div type="twitter" handle="iamKLVR" handlename="Kopparapu's" image="http://pbs.twimg.com/profile_images/1533296705487052801/ZAn9Evv4_normal.jpg" favoritecount="189" retweetcount="21" status="#RishiSunak,#ParagAgrawal One Indian took the control of the nation...Other Indian lost the hold on popular socia… https://t.co/en1YOPRYvg" createdat="1666925985000" id="1585828639093899269"></div> A few even anticipated the return of former US president Donald Trump on the platform saying ‘Welcome Back Trump’– he was banned from the social media app two years ago on account of inciting riots in the Capitol Hill. <div type="twitter" handle="liberandujivi" handlename="मजलबी (sickular)" image="http://pbs.twimg.com/profile_images/1571081807197519872/WU9QROqJ_normal.jpg" favoritecount="237" retweetcount="29" status="@disclosetv It was just a meme. Ha ha ha ha. Welcome back Trump 🎉🎉. #TwitterTakeover #ELONMUSK #ParagAgrawal https://t.co/FKcKlWz8G4" createdat="1666925981000" id="1585828624359620608"></div> Even Trump-endorsed candidate for Arizona Kari Lake offered a shift of headquarters to Musk. ‘DM me and we’ll work it out!’ she said. <div type="twitter" handle="KariLake" handlename="Kari Lake" image="http://pbs.twimg.com/profile_images/1560073130822885378/55oLUgB0_normal.jpg" favoritecount="18035" retweetcount="2965" status="Hey @elonmusk — you have an open invitation to move @Twitter HQ to ArizonaDM me and we’ll work it out!" createdat="1666929053000" id="1585841505989627905"></div> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/the-growth-story-behind-half-a-billion-dollar-bets-on-regional-indian-spice-makers/articleshow/95139637.cms">The growth story behind half a billion dollar bets on 'regional' Indian spice makers</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/creepy-chandler-matthew-perry-had-a-crush-on-all-female-friends-co-stars/articleshow/95139802.cms">Creepy Chandler: Matthew Perry had a crush on all female Friends co-stars</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/parag-agrawals-11-month-tenure-as-twitter-ceo-was-challenging-and-chaotic/articleshow/95138844.cms">Parag Agrawal's 11-month tenure as Twitter CEO was challenging and chaotic</a>

Elon Musk fires Twitter CEO Parag Agrawal and sets the Twitterati on fire

<ul><li><keyword id="225032" type="PERSON" weightage="20" keywordseo="Sachin-Bansal">Sachin Bansal</keyword> is said to be preparing a $100 million investment in the cab-hailing firm, according to a report in the Economic Times. </li><li>Last month, Ola raised raised $50 million from a state-backed Chinese investment fund and a Hong Kong-based private equity firm, giving it a valuation of over $4 billion. </li><li>Ola is looking to raise fresh capital to facilitate its overseas expansion plans and boost its domestic food delivery business. </li></ul>Raising capital for expansion plans doesn’t seem to be a problem for Ola. Barely a month after it <a href="https://www.livemint.com/Home-Page/hjEZYQ3lV0p1LXuSOUoiGK/Ola-raises-50-million-from-new-Chinese-investors-at-43-bi.html">raised $50 million</a> from a state-backed Chinese investment fund and a Hong Kong-based private equity firm, <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/sachin-bansal-may-back-ola-with-100-million-investment/articleshow/66156948.cms">a report </a>in the Economic Times states that the Indian ride-hailing firm could receive up to $100 million (₹7.4 billion) from Sachin Bansal, one of the co-founders of <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword>. The $50 million investment last month gave Ola a valuation of over $4 billion. It came as part of the ride-hailing firm’s plan to raise $1 billion in fresh capital to facilitate its overseas expansion plans as well its boost its food delivery business and continue its domestic rivalry with <keyword id="1042120" type="PERSON" weightage="20" keywordseo="Uber">Uber</keyword>. It recently commenced operations in <a href="https://www.businessinsider.com.au/uber-ola-launch-melbourne-2018-4">several Australian cities</a> and<a href="https://www.livemint.com/Companies/Gb1LhciheDr9j4waCCOgSO/Ola-launches-services-in-UK.html"> the UK </a>and is set to launch in New Zealand this month. The UK launch in August 2018 was speculated to be a precursor to an eventual expansion into other European markets. The company plans to be operational <a href="https://www.businesstoday.in/current/corporate/ola-plans-to-reach-50-global-cities-by-2019-hunts-for-investors/story/284236.html">in 50 major cities </a>across the world by next year. Meanwhile, Bansal is flush with cash and is looking for ways to spend it. While the Ola investment represents a change of pace from his relatively modest investments in the past, he is said to be mainly interested in taking significant stakes in early-stage companies at the moment. The 37-year old earned close to $1 billion from the sale of his 5.5% stake in Flipkart to <keyword id="80487" type="COMPANY" weightage="20" keywordseo="walmart">Walmart</keyword>. The transaction was completed in August. Bansal left the Indian e-commerce company shortly after Walmart’s takeover of Flipkart was finalised in May. According to media reports, Walmart <a href="https://economictimes.indiatimes.com/small-biz/startups/features/sachin-bansal-quits-flipkart-as-walmart-wanted-only-one-founder-on-board/articleshow/64103047.cms">was not keen</a> on retaining both of Flipkart’s co-founders, hence one of them had to leave. Ola will reportedly facilitate Bansal’s investment through the issuance of new shares and in smaller measure, the sale of existing shares. The deal represents a melding of two of India’s foremost entrepreneurs - Bansal and Bhavish Agarwal, the CEO of Ola. Agarwal has reportedly been <a href="https://www.livemint.com/Companies/xBREbzT0x6b0ighbICzMiJ/Ola-boardroom-row-pits-SoftBank-against-Bhavish-Aggarwal.html">engaged in a tussle </a>with the cab service’s main investor, Softbank, since May for control of the company. Bansal is likely an ally in this regard, as Agarwal needs fresh funding but doesn't want to raise it from Softbank, because that will increase the Japanese company's stake.

One of the co-founders of Flipkart could be readying a $100 million investment in Ola

<ul><li><keyword id="364027" type="General" weightage="80" keywordseo="musk" source="Orion">Musk</keyword> fires Indian-origin CEO Agrawal, and other top executives.</li><li>Fired <keyword id="6354616" type="General" weightage="20" keywordseo="twitter" source="Orion">Twitter</keyword> CEO Parag Agarwal takes home $38.7 million as a payout.</li><li>Former Twitter CEO <keyword id="3115373" type="General" weightage="50" keywordseo="parag-agrawal" source="Orion">Parag Agrawal</keyword>, a BTech in Computer Science Engineering from IIT Bombay, was behind Twitter's pursuit of Blockchain and other decentralised technologies.</li></ul> Former Indian-origin Twitter CEO Parag Agrawal, who continued to do his job to change the platform for better "despite the noise" coming from <keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword>, never put his foot down against the Tesla CEO. Agrawal, who took over from Jack Dorsey in November last year and has now been sacked by Musk, had said that he took the job to change Twitter for the better, "course correct where we need to, and strengthen the service". "Proud of our people who continue to do the work with focus and urgency despite the noise," he had tweeted in April. Recently, a treasure trove of texts exchanged between Musk and Agrawal was leaked in the public domain. Musk told Agrawal that he does not want to be a boss, to which Agrawal replied that the Tesla CEO should also treat him like an engineer instead of a CEO. "Frankly, I hate doing mgmt stuff. I kinda don't think I should be the boss of anyone. But I love helping solve technical/product design problems," Musk told Agrawal. "Treat me like an engineer instead of a CEO," Agrawal replied. Musk told him that he has tons of ideas, but "I just want Twitter to be maximum amazing". "I would like to understand the technical details of the Twitter codebase. This will help me calibrate the dumbness of my suggestions," he wrote to Agrawal. "I used to be CTO and have been in our codebase for a long time. So I can answer many, many of your questions," Agrawal replied. Agrawal told Musk that he is free to tweet "is Twitter dying?" or anything else about Twitter "but it's my responsibility to tell you that it's not helping me make Twitter better in the current context". "Next time we speak, I'd like to provide you with a perspective on the level of internal distraction right now and how it is hurting our ability to do work. I would like the company to get to a place where we are more resilient and don't get distracted, but we aren't there right now," a defiant Agrawal told the Tesla CEO. Biz Stone, Co-founder of Twitter, posted on Friday: "Thank you @paraga, @vijaya and @nedsegal for the collective contribution to Twitter. Massive talents, all, and beautiful humans each!" With taking over, Musk has fired Agrawal, Chief Financial Officer Ned Segal and the company's policy chief Vijaya Gadde, among other senior executives at twitter. Agrawal, a BTech in Computer Science Engineering from IIT Bombay, was behind Twitter's pursuit of Blockchain and other decentralised technologies. He studied in Mumbai between 2001 and 2005 and graduated in B.Tech in the department of Computer Science &amp; Engineering. "Congratulations to our alumnus Dr Parag Agrawal for being appointed the new CEO of Twitter. Dr. Agrawal obtained his B.Tech degree in Computer Science and Engineering from IIT Bombay in 2005. He started working at Twitter in 2011 &amp; became the CTO in 2017," tweeted IIT-B. Agrawal was born in Mumbai to a Department of Atomic Energy (DAE), officer, and a schoolteacher. He studied at the Atomic Energy Central School Number. 4, at Anushakti Nagar, north-east Mumbai. His schoolmate was Shreya Ghoshal, a well-known playback singer. Since joining Twitter in 2011, Agarwal has led efforts on scaling Twitter Ads systems, as well as re-accelerating user growth by improving home timeline relevance. Vineeta Agarwala, a general partner at a California-based VC firm Andreessen Horowitz (a16z), is Agrawal's wife. They have a son. Prior to joining a16z, Vineeta held many different roles in the healthcare space. She was a physician taking care of patients, an operator at healthtech startups and as a venture investor on the Google Ventures life sciences team. She was an early data scientist at Kyruus, a management consultant for biotech, pharmaceutical, and medical device clients at McKinsey &amp; Co; and a director of product management at Flatiron Health. SEE ALSO: <a href="https://www.businessinsider.in/defense/news/defense-expo-2022-a-big-step-towards-self-reliance-in-defense-with-a-new-tank-gun-system-and-more/articleshow/95006121.cms">Defense Expo 2022: A big step towards self-reliance in defense with a new tank, gun system, and more</a> <a href="https://www.businessinsider.in/defense/news/made-in-india-lightweight-combat-helicopter/articleshow/94613836.cms">Here’s everything you need to know about the made-in-India lightweight combat helicopter</a>

Former Indian-origin Twitter CEO Parag Agrawal never put his foot down against Musk on Twitter

<ul><li><keyword id="2976376" type="COMPANY" weightage="20" keywordseo="Amazon-Prime-Video">Amazon Prime Video</keyword>’s innovative engagement initiative stirs up fun conversations in India Inc, around the launch of the new season of The Family Man.</li><li>The Family Man’s Srikant goes job hunting; India’s leading startups roll out job offers for the not-so-minimum guy.</li></ul>As we inch closer to the release of the new season of the eagerly awaited Amazon Original Series The Family Man, Amazon Prime Video launched an innovative engagement initiative with India Inc. and startups to stir-up even more excitement for the series. Titled #TheFamilyManJobHunt, this unique influencer campaign follows Srikant Tiwari’s, played by Manoj Bajpayee, quest for a new job, with him being interviewed by business stalwarts like <keyword id="1670338" type="COMPANY" weightage="20" keywordseo="Ritesh-Agarwal">Ritesh Agarwal</keyword>, Founder &amp; CEO of OYO Hotels &amp; Homes, Manu Kumar Jain, Vice President of Xiaomi, Kabeer Biswas, CEO &amp; Co-Founder of Dunzo and Ankur Warikoo, Co-founder of Nearbuy. The engagement initiative picks up from last season’s story-arc where Srikant has the uphill ‘TASC’ of finding a decent desk job for himself, having quit TASC to spend time with his family. Kick-starting the digital campaign, lead actor Bajpayee took to his social media to share that Srikant Tiwari has finally chosen to be an ideal “Family Man” and is on the lookout for a corporate job. His post triggered a round of fun and quirky conversations among fans, celebrities and social media influencers replying to his tweets with bizarre job recommendations. Industry leaders like Ankur Warikoo (Nearbuy), Kabeer Biswas (Dunzo), Ritesh Agarwal (OYO) and Manu Kumar Jain (Xiaomi) were seen joining in the fun banter as well, proposing to interview Srikant. What followed were a series of interesting virtual interviews with these much-admired business leaders that created quite the stir in the corporate world and amongst netizens! <div type="Youtube" id="r3kUB7RFu7c" title="India's Top CEOs Interviewed Srikant for the Job | The Family Man | Amazon Prime Video" thumbUrl="https://i.ytimg.com/vi/r3kUB7RFu7c/mqdefault.jpg"></div> Talking about this unique and fun interview Ankur Warikoo, Co-founder of Nearbuy said, “Srikant (Manoj Bajpayee’s character in the show) is a super talented guy. Would have loved for him to be part of Nearbuy. Not sure why the reference check aspect of his interview made him get all weird. Love such talent, sad he could not join us!” Kabeer Biswas, CEO &amp; Co-Founder, Dunzo said, "Working with The Family Man team has been a thrilling experience much like the show itself. It was a natural extension for Dunzo – through the pandemic, our team has worked to keep Indian citizens safe. No mean-feat, if you think about it! Just like Srikant, we have had to balance multiple priorities. As we continue to deliver essentials across the country, we're sure that the series will deliver on the intrigue and entertainment it did with the first season. And Srikant, the job offer is always open!” Manu Kumar Jain, Vice President of Xiaomi added, “It was an absolute delight to collaborate with the team of Amazon Prime Video for the upcoming season of Family Man. It was great to have Srikant interview with us. He promises to be a high performing individual both on reel and in real life much like Mi TV, India’s No. 1 Smart TV brand. We are confident that with the passion he has, the new season of Family Man will continue to be one of the most popular shows amongst the audiences.” Talking about the fun integration – Sushant Sreeram, Director, Marketing at Amazon Prime Video for India, said, “As India’s much loved video streaming service, we have had the opportunity to build immersive worlds for our viewers with blockbuster series like The Family Man. A big part of building that on-going relationship with our viewers is to bring elements from reel life to real life and vice--versa. Srikant Tiwari on a job-hunt is just that – a much loved character doing something many of us have experienced in real life. We had a ball working with leaders of some of the most exciting startups in the country right now, putting together this fun job-hunt campaign for our customers. Who is going to hire the not-so-minimum guy? Tune in to Amazon Prime Video on the 4th of June to find out!”

Amazon Prime's Srikant Tiwari from The Family Man goes job hunting; Dunzo, OYO, Xiaomi, Nearbuy roll out job offers

Here’s how the advertising and marketing industry reacted to Union Budget 2021

The day is not far when <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> will see its own mega private aerospace company like Elon Musk-owns SpaceX or <keyword id="12232315" type="General" weightage="20" keywordseo="jeff-bezos-run" source="Orion">Jeff Bezos-run</keyword> Blue Origin, taking travellers to the edge of space and beyond, <keyword id="12180756" type="General" weightage="20" keywordseo="srinath-ravichandran" source="Orion">Srinath Ravichandran</keyword>, co-founder and CEO of rocket startup AgniKul Cosmos, has envisioned. In a chat with IANS, Ravichandran who is ecstatic after Agnikul Cosmos was granted access to the Indian Space Research Organisation (<keyword id="6358064" type="General" weightage="20" keywordseo="isro" source="Orion">ISRO</keyword>) facilities and expertise for the development and testing of systems and subsystems of its rockets, said that the pact with ISRO will allow them to ultilise its facilities to test out various sub-systems of their launch vehicle. "This will, in turn, help us with reduced capital expenditure and expedited testing," he said. "India can have its own SpaceX or Blue Origin kind of mega private space firm in the near future. There is so much support from the government and investors are open to invest too in the homegrown spacetech startups," Ravichandran added. The next step, he added, will be to aim multiple launches per year and scale to the extent of having a launch once in two-three weeks. "Beyond that would be about making the vehicles more efficient, thereby providing even cheaper access to customers. We are doing this through a mix of innovations on various technologies in the vehicle," Ravichandran informed. Last month, Chennai-based Agnikul Cosmos received the nod by the Department of Space to carry out multiple tests and qualify its single piece 3D-printed semi-cryogenic engine and other systems of its rocket at various ISRO centres. This is the second pact that the Department of Space has signed with a rocket maker, after the first with Hyderabad-based <keyword id="7537495" type="General" weightage="20" keywordseo="skyroot-aerospace" source="Orion">Skyroot Aerospace</keyword> on September 11. According to Ravichandran, their rocket engines are 100 per cent 3D-printed, that too in a single shot. "This allows us to directly assemble what comes out of the 3D printer in our launch vehicle. The big advantage of this is the ability to provide and enable rapid launch access and, at the same time, make customisable launch vehicles," elaborated Ravichandran. He formed the startup with Moin SPM within IIT-Madras with a seed funding of Rs 3 crore, with an aim to develop and launch its first rocket in 2021 and subsequently develop ability to provide launch service for satellites. The current investors in the spacetech startup are Mayfield India, PI Ventures, Speciale Invest, Beenext, Artha and others. In June, India decided to allow private companies to establish and operate rocket launch sites within and outside the country, subject to prior authorisation from the government. Similarly, any rocket launch (orbital or sub-orbital) from Indian or overseas territory can be carried out only with authorisation from Indian National Space Promotion and Authorisation Center (IN-SPACe), an independent body constituted by the Government of India, under the Department of Space (DOS). The launch could be from own or leased launch site and also from mobile platforms (land, sea or air) as per the Draft National Space Transportation Policy-2020 brought out by the Department of Space. "Now that we also have to plan the entire engine building facility in-house, we are confident that we can control engine making end-to-end in India, thereby not only enabling 'make in India' but also 'design in India'," Ravichandran told IANS. He said that anyone who wants to do a space tech startup should do it today. "Right now is the best time to do a spacetech startup in India. The government has been very forthcoming in terms of the help provided to enable private missions and now would be a good time to get started to get things done," Ravichandran noted. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/adar-poonawalla-backed-pharmacy-chain-wellness-forever-files-for-ipo/articleshow/86699746.cms">Adar Poonawalla-backed pharmacy chain Wellness Forever files for IPO</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/top-earners-at-ritesh-agarwal-led-oyo-as-per-its-drhp/slidelist/86682750.cms">OYO’s Ritesh Agarwal took home ₹1.6 crore in FY2021 — here are the top earners in the IPO-bound company</a>

You Searched For "sankalp agarwal ceo co founder traveltriangle" and got 11 results

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Interesting facts about Binny Bansal, the co-founder and former ceo of Flipkart to inspire you

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Budget expectations: Startups seek 10-yr tax holiday, less holding period of ESOP shares

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Sunanda Sharma becomes world’s first female Punjabi singer to launch song as NFT

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Elon Musk fires Twitter CEO Parag Agrawal and sets the Twitterati on fire

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One of the co-founders of Flipkart could be readying a $100 million investment in Ola

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Former Indian-origin Twitter CEO Parag Agrawal never put his foot down against Musk on Twitter

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Amazon Prime's Srikant Tiwari from The Family Man goes job hunting; Dunzo, OYO, Xiaomi, Nearbuy roll out job offers

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Here’s how the advertising and marketing industry reacted to Union Budget 2021

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India set to witness its SpaceX moment soon, says Agnikul CEO

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