Friends, is it possible to set up a company worth 1 Billion dollars in just 3 years? But first, check how much 1 Billion is in rupees Because more than half of us never would have seen or heard this many Zeros. You'll be amazed to know that when I was making this case study of 1 Billion dollars it made me wonder what are we doing? We are also from the last 3, 5, 10, 15, 20, 25, 50 years and some people are doing business for two-generation now. And someone from in between can be worth 3 billion dollars.
Yes And, now if I tell you that a 27-year-old girl who established a company of 1 billion dollars is Indian. Yes, I'm talking about Ankiti Bose. who studied at St. Xavier’s Mumbai After her studies, he worked in Sequoia Capital And one day, working at her job, she decided to set up her own company she met Dhruv Kapoor from IIT, Guhuati with whom she set up her company I'm talking about Zilingo You'll say that you never heard about this before Yes, the reason you have not heard the name is that it is inactive in India The companies headquarter is in Singapore Its tech support is from India And its market is in South East Asia.
Friends, where India has big companies like Amazon and Flipkart At the time, South East asia had no such big company One day, Ankiti visited Chatuchak market in Thailand's city of Bangkok. She saw people coming there from small villages and remotest of places selling their goods And she found a very big opportunity in there These people neither had technological support nor financial support They can't even sell their goods in an organized manner.
And they can't reach the right customer as well That's where she got an idea and decided that all the similar kinds of producers in South East Asia to give them a platform for them to sell their products In March 2016, the revenue was 4,34,000 Dollar On 31st March 2017, the revenue was 1.8 Million Dollar And in March 2018, Revenue increased by 12% And in April to January of 2019 it increased 4 times more.
Friends, making Zilingo worth 1 billion dollars and earning the name of a unicorn who were the companies played that role? How and when did Zilingo get the funding? let's see some figures Friends, how does Zilingo earn? Zilingo allows free listings to every seller you don't have to pay any registration or licensing fee to sell your product but, when an order has been placed then Zilingo takes 10-20% of the sale value as a commission.
That means your entry costs you no tax but we'll take from the sale of a product And this strategy proved to be extremely effective. Because a seller feels no pressure at the time of joining. Zilingo means- A gift of God So don't take it as a gift given by God while she did not work Today, I want to say this to you that have a great education but don't immediately join your family business why? Because the institution, alone, don't give you practical knowledge After you have finished the studies You have to work at some renowned and prestigious places so that what are the actual, practical working systems what are the world-class policies and procedures you can learn these things .
If you complete your education from a very prestigious institute and very obediently started working in your Indian family business then you can't implement the gap that will arise between these two things Ankiti says, 'Being a woman is not a problem.' 'women are supported everywhere.' She says that her experience as an analyst working in Sequoia Capital and having an opportunity to judge a lot of start-ups made her decide to set up a big company And that dream became a reality So, leave all your reasons that I'm a woman, I am young, I didn't study in any foreign institution, I don't have capital Leave all these reasons And friends, in our most popular program Business Audit and VIP we say that unless you stop giving reasons till then, you'll achieve no success.
So let's come and find out due to the Zilingo Rectangle Ankiti Bose is in the prestigious list of Forbes under 30 of 2019 Friends, I explain you the success of Zilingo'sbusiness model through Zilingo Rectangle Because when we told people about Zilingo in our Business Gurukul Then everyone was surprised They felt how was it even possible? The market is already tight, today there is no margin, there is GST in India, there is so much competition in the world Then I made this Zilingo rectangle that explained to them the success's secret Come, let's understand Zilingo Rectangle The first side is Technology All the future business depends on technology Ankiti found that people in Thailand were missing out on technology platform So she started to develop technology tools What technology tools did she developed? She developed a platform where people from different countries can connect From which buyers can see the products that are in the factories Inventory can be managed and cross border shipping becomes possible All these things can be managed on one platform And for this, she worked on technology and made it stronger And she made Bangalore city of India her technology hub.
The second corner of Zilingo Rectangle- Fintech Fintech means Financial Technology Partnership She saw that people had a lack of working capital They can make a good product but they don't have money to buy raw material They're in need of advance payment She teamed up with the finance company and start giving money The money was given with low-interest rate Because of this money they could buy raw materials with low expense.
With this money they were getting advance payment And when you provide someone with financial support From that moment you became their business partner And they could never think of leaving you Third is Zilingo Network. They established Zilingo Network Under that establishment, the manufacturer can purchase raw material in low and discounted rates from Bangladesh to Vietnam to Cambodia where he can get raw material in low cost he can procure. Zilingo Network provides with platform and connection for them to procure it simply Lastly, fourth and most important- Zilingo. Local Support Friends, the local Zilingo team with local manufactures who is unaware of the world informs them about the future requirements which fabric will be in demand.
They provide training if the people need it if they don't know a foreign language then they help with documentation They share all their expertise with them So that means A complete support system That means our relationship is not limited to just buying and selling Our relationship is not just about collecting money Our relationship is to make you stable It is to empower you By any means, it is to create an eco-system. So, in that system you can earn and by that, I will also grow automatically What we do in our Business Gurukul? All the Gurukul members in all over India are all connected through a network that's why we don't do a program with too many members Our every program has 30-40 seats.
And in there I know each person with their business, skills, the things they'll need and where they can get help in the country And the Gurukul Network works with the same speed as Zilingo. Network Friends, I say this option in my program My success is not in your registration or joining fees My success is in your success.
The day you'll succeed is the day I'll succeed And this is the principle of Zilingo. Zilingo that will be successful when the people working with them achieve success. And look at the number of people succeeding.
There are technicians giving out tech support and are achieving success Financial companies are succeeding as they are giving money where there is a need Different types of suppliers are succeeding through Zilingo Network And Zilingo Local Team is creating so many local jobs So I don't exaggerate when I say this that Zilingo-the gift of God is a perfect name And India is proud of Ankiti Bose.
Because of you, now no one will give reasons that I'm a woman, I'm young, I don't have money no one will say We salute your achievements All the fans of Ujjwal salutes you And yes, don't keep this case study only at you This should reach out to every sister, daughter, friend, colleague So that anyone who has a dream in a little corner of their heart That person steps up and move forward to fulfill their dream
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