Business News
Small Business Idea: 1 Lakh Investment Will Earn 10 Lakh Month
Ice cream truck business have been a staple in Indian culture for decades. The iconic songs of an ice cream trolley are a familiar sound to many, and the sight of one parked on a day and midnight can bring smiles to people of all ages. However, behind the nostalgic charm of the ice cream truck lies a lucrative business opportunity. Hello friends, In this article, we’ll take a closer look and discuss the ice cream truck business idea and what it takes to start one.
Help cool your customers on hot summer days by starting an ice cream truck business today. You can even start a small business by selling treats from carts or stands then go bigger with an ice cream truck business! An ice cream van or cart is a cool, refreshingly recession-proof way to feed your revenue.
Market:
First, let’s talk about the market for ice cream. The demand for ice cream never goes out of style, and ice cream trucks have the unique advantage of being mobile. This means that you can go to where the customers are, whether that’s a crowded shopping mall, a park, or a neighborhood with lots of kids. Ice cream trucks also appeal to a wide range of customers, from young children to senior citizens. This makes it an ideal business for anyone looking to start a small business that can be operated seasonally or year-round.
Logistics:
Now, let’s dive into the logistics of starting an ice cream truck business. First, you’ll need a truck. You can purchase a new or used truck, or you can convert a used van or truck into an ice cream truck. You’ll need to install freezers, sinks, and other equipment necessary to serve ice cream and other frozen items. You’ll also need to obtain a permit from your local health department and comply with any regulations regarding food handling and storage.
Products:
Next, you’ll need to choose the products you want to sell. You can offer a variety of ice cream flavors, novelty items like kulfi, cones, ice cream bars, and other products. It’s important to do some market research to determine what products are popular in your area and what your competitors are selling. You’ll also need to establish relationships with suppliers and distributors to ensure that you can keep your inventory stocked.
Promotion:
Finally, you’ll need to market your business. Social media is a great tool for promoting your ice cream truck and keeping customers informed about your location and menu offerings. You can also consider offering promotions and discounts to attract customers, such as “buy one, get one free” deals or special discounts for customers who follow you on social media.
Time For Action:
- Once you have your truck, equipment, and inventory in place, it’s time to hit the road.
- You’ll need to determine the best locations to park your truck, such as parks, supermarkets, playgrounds, and residential neighborhoods.
- You can also consider attending special events like functions and festivals to reach a larger audience.
- It’s important to have a schedule and route planned out so that you can maximize your time and profits.
Profits:
The profit on ice creams can range from 50% to as high as 70%. Ice cream trucks make around 10k to 15k every day, with weekends and holidays it may go 20k with over 100,000 earned in a month, and 10 to 12 lakhs yearly.
Conclusion:
In conclusion, the ice cream truck business can be a fun and profitable business for anyone who is passionate about ice cream and customer service. With careful planning and attention to detail, you can start your own ice cream truck business and bring joy to customers in your community.
Business News
Meet Kalpana Saroj: Entrepreneur and CEO of Kamani Tubes
Kalpana Saroj is a prominent Indian businesswoman and social activist who has made significant contributions to the country’s economy and society. She is best known for her inspiring journey from being a child bride and domestic abuse survivor to becoming a successful entrepreneur and philanthropist.
Born into a lower-middle-class family in a small village in Maharashtra, Kalpana faced multiple challenges in her early life. She was married off at the age of 12 and suffered physical and emotional abuse at the hands of her husband and in-laws.
However, she refused to be a victim and fought for her rights. She left her husband and started working at a garment factory to support herself financially. Over the years, Kalpana’s hard work and determination paid off, and she went on to establish her own business empire. She is the founder of Kamani Tubes, a leading manufacturer of PVC pipes, and has also invested in real estate, hospitality, and education sectors.
In addition to her business ventures, Kalpana is actively involved in various social causes, such as women’s empowerment, education, and healthcare. She has received numerous awards and accolades for her achievements, including the Padma Shri, one of India’s highest civilian honors.
Also: Meet Kunal Shah The Visionary CEO and Founder of CRED
About Kalpana Saroj:
Name: | Kalpana Saroj |
Age: | 62 Years (2023) |
Founded: | Kamani Tubes |
Started: | 2001 |
Profession: | CEO of Kamani Tubes |
Location: | Akola, Maharashtra |
Website: | kamanitubes.com |
Social Media: | Facebook & Instagram |
Networth:
Based on her own calculations, Kalpana Saroj possesses personal assets valued at approximately $112 million. Kalpana’s life serves as a tremendous source of inspiration for women worldwide, transcending national boundaries.
Awards:
In 2013, Kalpana Saroj received the prestigious Padma Shri for her contributions to Trade and Industry.
The Government of India appointed her as a board member of Bhartiya Mahila Bank, an institution focused on empowering women through banking services.
She currently holds a position on the board of governors at the Indian Institute of Management Bangalore.
Business News
Meet Kunal Shah: The Visionary CEO and Founder of CRED
Kunal Shah is a well-known entrepreneur and the CEO of CRED, a fintech startup based in India. With years of experience in the industry, Shah has become a prominent figure in the country’s startup ecosystem.
His success story has inspired many aspiring entrepreneurs and investors alike. Shah started his career in the payment industry with FreeCharge, a mobile wallet company he founded in 2010. He later sold the company to Snapdeal, an Indian e-commerce company, for $400 million in 2015.
After leaving Snapdeal, Shah founded CRED in 2018 with the aim of helping Indian consumers improve their credit scores. The company has since gained a significant following, with over 6 million users as of 2021.
About Kunal Shah:
Name: | Kunal Shah |
Age: | 40 Years (2023) |
Founded: | CRED (FinTech Company) |
Started: | 2018 |
Profession: | Founder & CEO of CRED |
Location: | Bengaluru, Karnataka |
Website: | cred.club |
Social Media: | LinkedIn & Twitter |
Early Life and Education:
Kunal Shah was born in Mumbai, India in 1983. He grew up in a middle-class family. Shah was always interested in technology and entrepreneurship, and he started his first business at the age of 19. After completing his high school education, Shah pursued a bachelor’s degree in philosophy from Wilson College in Mumbai.
Shah’s interest in technology and entrepreneurship led him to start his first company, FreeCharge, in 2010. FreeCharge was a mobile recharge and utility bill payments platform that grew rapidly and was eventually acquired by Snapdeal in 2015. After the acquisition, Shah served as the CEO of FreeCharge for a few years before leaving to start CRED.
In addition to his entrepreneurial ventures, Shah is also an active angel investor and has invested in several startups, including Unacademy, Razorpay, and Innov8. He was also the Chairman of the Internet and Mobile Association of India on digital payments from 2016 to 2017.
FreeCharge:
In 2010, Kunal Shah founded co-founded FreeCharge with Sandeep Tandon, an online platform that allowed users to recharge their mobile phones, DTH, and data cards. The platform became popular quickly and attracted investors such as Sequoia Capital and Sofina.
In 2015, Snapdeal, an e-commerce platform, acquired FreeCharge for $400 million. Kunal Shah continued to work with FreeCharge as the CEO until 2016, after which he stepped down to pursue other ventures.
CRED:
In 2018, Kunal Shah founded CRED, a platform that rewards users for paying their credit card bills on time. The platform gained popularity quickly, attracting more than 1.5 million users within a year of its launch. Cred offered different products:
- Cred RentPay
- Cred Cash
- Cred Pay
- Cred Store
- Cred Travel Store
In 2021, CRED has raised over $200 million in funding from top investors, including Sequoia Capital, and DST Global. The company has also expanded its services to include rewards programs and personal loans.
With his extensive knowledge and experience in the industry, Shah has become a respected voice in the Indian startup community, and his insights are often sought after by investors and entrepreneurs alike.
The platform has also expanded its services to include CRED Pay, a feature that allows users to pay their rent and other bills using their credit cards.
Kunal Shah Net Worth:
According to DNA, Kunal Shah’s net worth was Rs 15,000 crore as of 2021.
Awards:
- Economic Times Award in 2016
- Fortune 40 Under 40 in 2015 & 2016
Vision:
Kunal Shah’s vision for CRED is to create a platform that offers a range of financial services and rewards to its users. He believes that by building a platform that rewards responsible credit behavior, he can help improve the financial health of millions of Indians.
As the CEO of CRED, he has led the company to achieve remarkable success and growth. CRED has gained significant traction in a short period of time and has become one of India’s most valuable fintech startups, attracting millions of users and raising substantial funding from prominent investors.
Business News
Meet Nirmit Parikh: Who Made Rs.9000 Crores Company Apna in 21 Months
Nirmit Parikh is the founder and CEO of Apna, a professional networking platform for blue and grey-collar workers in India. With a mission to empower and uplift the workforce in the country, Parikh has created a platform that connects job seekers with employers and helps them build their professional networks.
Prior to founding Apna, Parikh worked at Apple, where he gained valuable experience in product management and marketing. He also co-founded Cruxbot, an AI-powered news summarization platform, which was later acquired by Intel. Parikh’s experience in the tech industry, coupled with his passion for social impact, led him to create Apna in 2019.
He has been a guardian angel for many unemployed Indians, through the Apna app he has served more than 1 Crore+ people Thus bringing India back to work & bringing a smile to people’s faces. With Parikh at the helm, Apna has the potential to revolutionize the job market in India and improve the lives of millions of workers.
Since its launch, Apna has gained significant traction, with over 10 million users and $70 million in funding from investors such as Sequoia Capital and Lightspeed India. The platform has also expanded its services beyond job listings, offering upskilling courses and financial services to its users.
Name: | Nirmit Parikh |
Age: | 33 Years (2023) |
Founded: | Apna (Job Platform) |
Started: | 2019 |
Profession: | Founder & CEO of Apna |
Website: | apna.co |
Social Media: | LinkedIn & Twitter |
Early Life and Education:
Nirmit was born and raised in India. He grew up in a middle-class family in a small town in Gujarat. His parents were both teachers and instilled in him a love of learning from a young age.
Parikh attended the Nirma Institute of Technology in Ahmedabad. After completing his undergraduate studies, Parikh went on to pursue a Master’s degree in Computer Science from Stanford University in California. While at Stanford, he was exposed to the world of entrepreneurship and startups, which sparked his interest in creating something of his own.
Throughout his education, Parikh developed a strong foundation in computer science and technology, which would prove to be invaluable in his future endeavors. His academic achievements and passion for innovation laid the groundwork for his future success as a tech entrepreneur.
Founding of Apna:
He noticed that there were not enough job opportunities for manual labor jobs in India. He wanted to make it easier for people to find those types of jobs, so he created a new website for job searching. He left his job at Apple and moved back to India to start this company just before Covid-19.
Apna is a professional networking platform for blue and grey-collar workers. The idea for Apna came to Parikh while he was visiting his family in India and noticed the lack of professional networking opportunities for workers in the informal sector.
Apna launched in December 2019 and quickly gained traction, with over a million users signing up within the first year. The platform has been successful in connecting workers with job opportunities, as well as providing them with access to upskilling and training resources.
Within two years, the company became very successful and worth a lot of money. The company became worth over $1 billion, which is called a unicorn after it received $100 million in funding from a group led by Tiger Global in its Series C funding round.
Parikh’s vision for Apna has been to empower workers in the informal sector by providing them with the tools and resources they need to succeed. Through his leadership, Apna has become a leading player in the professional networking space, with the potential to transform the way blue and grey-collar workers connect and find work opportunities.
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