Team Tofler

3 essential things to check before your lend personal money to SMEs – Part 1

Lending has been a way of life in India. It is routine for us to lend money to businesses run by our relatives, friends or their friends. However, many of us have also been burnt in the process. Whether you …

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An easy to way to understand any credit rating issued to a business

Broadly speaking, credit rating is an assessment of the creditworthiness of a business. A good credit rating means strong financials and a high likeliness of paying off financial obligations timely. There are about 6 credit rating agencies in India …

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How to study your competition in 5 easy ways

Make a list of competitors: Yes, that’s the starting step. Make sure you have chosen competitors of similar size. In case you don’t know your competitors, ask your customers who else they compared you with. Google, IndiaMart, JustDial, and …

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How to evaluate a startup for investment purpose

Background check of the founders: Evaluate the experience and educational background of the founders and the core team. Try to get references if you can. Do they have any experience in the problem they are aiming to solve? How …

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How you can make your business survive longer

I recently came across this term ‘Shinese’ – a word used to refer to long-lasting companies. Interestingly, about 90% of all businesses worldwide that are more than 100 years old are Japanese. They all have fewer than 300 employees. They …

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Profits or Valuation?

I often wonder about the new economy, new kinds of businesses, massive funding rounds for some of them and valuations. Infact, we all do. Are we missing something? How did these young companies become the world’s biggest companies so soon? …

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Top 10 Telecommunication Companies in India

You want to travel somewhere – you can call a cab from your smartphone. You need to invest money – you can do that from your smartphone. Pick almost any necessity in everyday life and you can achieve that with …

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Top 10 SEO Companies in India

Search Engine Optimisation or SEO is a powerful tool in digital marketing to generate leads and increase the customer base. With a shift from traditional to digital marketing techniques, companies are forced to change their marketing strategy. Most people nowadays …

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Top 10 Real Estate Companies in India

Over the past few years, the progress of the real estate business has heightened considerably in the Indian market. There has been a steady growth of real estate companies in India that is responsible for the development of the real …

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Top 10 Mining Companies in India

India has a vast mining industry due to the abundance of natural mineral resources. Corporations utilize this plenitude of natural resources to establish and run large scale mining companies in India. With China as a major competitor and leading …

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Top 10 Insurance Companies in India

Life doesn’t come with a guarantee about the future. A sudden loss of life of the sole bread earner of a family could cause serious repercussions across the family. Thus, life insurance is not just an investment option, but also …

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Top 10 Finance Companies in India

Financial services companies play a major role in the economic growth of a country. The financial structure of a country is directly dependant on the relationship between regulatory bodies and the intermediary institutions. Non-Banking Financial Companies or NBFCs are service …

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Top 10 Digital Marketing Companies in India 2020

The world of advertisement has shifted drastically over time. When you own a business, be it a large corporation or a small startup, you need to promote it to acquire your client base. Most companies in today’s age have an …

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Top 10 Construction Companies in India

India has the most rapidly growing construction industry. Within 2025, India is likely to reach the world’s third-largest position in the construction business. The development of any city requires improved infrastructure and construction. Everything that leads to the growth of …

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Top 10 Chemical Companies in India

The chemical industry in India lays the foundation of the agricultural and industrial development of the country. The basic needs of our day-to-day life are met by the products manufactured using chemicals as the primary raw material. The top 10 …

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Why is it important for you to understand your business’ financial statements

For a lot of businesses owners, preparing annual financial statements is a compliance formality to be fulfilled. Typically, this is how it goes – The senior accountant works with the auditors and replies to the queries. The accounts and the …

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3 things you should check before meeting a client

‘Know your customer’. It is one mantra that we hear repeatedly for successful sales closings. No secret about it. But what and how? We have enumerated 3 essential things that should be checked to prepare for a sales meeting. The …

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2 important checks to carry on your customers every year to prevent bad debts

We all are vaguely aware of the concept of vendor assessment. However, customer assessment is a lesser-known concept. Because who cares to know more about a customer? He is business and one never lets go of the business, right? However, …

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How 3 simple vendor checks helped me avoid fraud

Some of us evaluate a vendor before entering into a transaction. Some of us don’t. Many times it is difficult to get any useful information on that vendor. Things work by word of mouth until they go bad. Broadly speaking, …

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5 essential checks of your vendor onboarding process

The vendor onboarding policies and thoroughness of due-diligence depends on several factors like the size of your organisation, criticalness of a vendor to your business, size and nature of transaction, etc. However, these are five essential checks you should always …

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Voonik Technologies’ revenues jump 500% in FY 2016-17

Online shopping portal Voonik Technologies has reported revenues of INR 117 crore in the FY 16-17. This online fashion and lifestyle store was first launched as a personal shopping app for mobile platforms. The company seeks to differentiate itself from …

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KKR led profitable IPL teams in FY17 and RCB saw a turnaround

While the IPL 2018 frenzy grips the country and fans don their team shirts, it’s a good time to take stock of the profits the franchises are making. Four out of the eight teams have registered their FY17 revenues with …

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Foodpanda India curtail its losses in FY 2016-17

The latest financial statement for Foodpanda, the popular name for Pisces Eservices Pvt Ltd., has reported revenues of INR 62 crore in the last fiscal year. Foodpanda is a food delivery service that operates an app and online …

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Vivo Mobile India’s revenues jump 500% in FY 2016-17

Vivo Mobile India has reported revenues of INR 6,146 crore in FY 16-17, which is a huge leap over the previous year’s revenues as interest in Chinese smartphones has skyrocketed in recent years. Vivo Mobile has had brand ambassadors such …

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Xiaomi’s revenues jump by 700% in FY 2016-17 with profits

Xiaomi Technology India Pvt. Ltd. reported revenues of INR 8,380 crore in the FY 16-17, surpassing its past performance exponentially. The Chinese mobile phone company made a recent entry into the Indian market and put up stiff competition for higher …

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