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10 Future Business Ideas with High Potential 2025 and beyond

Business Ideas

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September 1, 2019

Which are future business ideas with high potential? How 2025 or beyond will look like from a business perspective? Well, if you are planning to start your own business you must consider future business trends instead of considering current trends. You must find out what is coming up in the future and try to build business across it.

To help you I am here with the 10 most promising high-potential future business ideas which you can adopt for making money. These business ideas broadly revolve around technology advancement, solving health-related issues, and finding out an alternate solution for the scarcity of natural resources.

Also Read – Top 10 New Business Ideas in India

10 Future Business Ideas with High Potential 2025

Technology-Driven Business Ideas

Smart Devices

Technology is changing people’s lives every day. We are living in a world full of smart devices. Starting from smartphones to home appliances everything is becoming smart. People are ready to accept smart devices and solutions to ease life. Thus starting smart device sales and services is a very good business option.

You can open your store where you can sell smart devices such as wearable, instant voice translators smart glasses, smartwatches, IoT devices, and robotic assistant devices. You require a lot of technical expertise and know-how about the operation of these devices to start this business.

Home Automation

Home Automation is a very good upcoming business idea. The concept of home automation is growing in India. In this business, you need to automate home operations. To do that you can first design a prototype by renting a house. You need to know about AI, IoT, Raspberry Pi, and programming. You need to atomize home functions such as a security system, lighting system, a device with voice control, etc. It is a very good business option with a lot of business potential.

Cyber Security

Cyber Security is next on the list of future business ideas. Cybersecurity means designing defensive systems for computer networks and peripherals against growing cyber-attacks. The defensive system is a combination of software such as antivirus, malware, and hardware such as firewall and anti APT devices using sandboxing techniques. If you are certified or expert in information security you can start this business.

Looking at growing incidents of cyber-attacks starting consultancy business is to cybersecurity is evergreen and business of the future. It is a low-investment business option.

Privacy Protection Firm

Data Privacy protection is a gray area with a lot of scopes. Due to the increasing usage of the internet and smart apps, your data such as name, address, mobile number, surfing habits, and other personal information are tracked by many companies. It is very difficult to protect your data from the online world. In a privacy protection firm, you need to design tools and technique to protect data. It is an innovative concept.

3D Printing Shop

3D printing is the way of the future. 3D printing can help you fabricate and print 3D items at low cost. This helps in saving a lot of time and money. In the future, you will find 3D printing shops where you can expect an architect model to be printed from a shop. Companies like Kinko’s have already started a 3D printing business.

Health-related Business Ideas

Healthcare

Health is wealth and health care-related business will always remain in demand. A future of health care includes technology that combines data on patient medical history, real-time health, etc. You have multiple business options in the healthcare industry. This includes virtual health, telehealth, sensors, biometrics, AI, and robotics. If you can learn these technologies the future will be yours.

Natural Food Restaurant

Food lovers will like this innovative concept of a natural food restaurant. A natural food restaurant is a place where food and juices are served with maximum organic and natural ingredients. The concept of natural food is growing globally. If you have the capital and you are planning to start an innovative food business you can start a natural food restaurant.

Natural Resource-related Business Ideas

Alternative Energy Generation

As all of us are aware the world is going through the pressing need for generating alternative energy source. The first future business idea under alternative energy generation is related to solar and wind energy. In this business, you need to manufacture or sell items related to solar and wind energy generation. It is a profitable business idea.

Natural & Reusable Bags

Reusable bags are next in the list of future business ideas. The usage of plastic items and plastic bags needs to be minimized to protect the environment. The government has already placed a ban on plastic bags. Thus starting a business of producing and selling reusable bags is a very good business option. You can make use of natural items and paper to produce natural and reusable bags.

Solar Pumping Water System

Water is one of the mandatory requirements of a human being. Today everyone is using submersible pumps and electricity to pump water, if you can make use of solar power and design a cheaper and reliable solar pumping water system you can rule the market. You need to do a lot of research to make a commercially viable product that uses solar power to pump water.

I hope the 10 Future business ideas mentioned above will help you in establishing your own business.

Top Online Bike Insurance Policy in India 2025

General Insurance

Shitanshu Kapadia

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August 29, 2019

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It’s very easy to purchase a bike insurance policy online. You will get a complete feature and cost comparison with a click of a button. You just need to feed require inputs and make payment to purchase bike insurance online. It is very quick, hassle-free and completely paperless. You can save a lot of time when you opt for an online bike insurance policy.

Bike Insurance provides coverage against theft, loss, and damage against an accident. It is mandatory in India to purchase two wheeler insurance as per the motor vehicle act. Apart from legal binding, it is good to have insurance coverage as it gives peace of mind and guards against financial losses.

You will find multiple options for buying a bike insurance policy online. You have to be aware of your exact requirement and budget to get a good deal. If you are planning to purchase bike insurance and you are finding it difficult here is a complete guide that will help you in making your task simpler.

Also Read – Car Insurance Policy – Unusual Things you should know

In this post, I will cover topic like types of bike insurance policy, key features, and benefits of buying bike insurance online, key factors to consider while buying policy & top online bike insurance policy in India.

Importance of Bike Insurance

Bike Insurance policy provides protection against loss, damage and third party liabilities arising at the time of accident. Let’s understand importance of bike insurance via example.

Suppose Mr.X is bike owner decide not to purchase insurance policy due to whatever reason. Suppose he meets with an accident then entire cost of damage caused during accident will be borne by him. This includes third party damage cost. However, If Mr.X has purchased bike insurance policy the entire cost of damage and third party liability will be paid by insurance company.

Types of Bike Insurance Policies

There are two types of bike insurance policies available in the market.

Comprehensive Two Wheeler Insurance

Comprehensive two wheeler insurance policy is complete coverage policy that provide coverage against loss and damage due to fire, floor, accident and any other unfrozen events. It also covers third party liability claim.

Third party liability only Insurance

Third party liability only insurance is limited coverage policy. It only provide coverage to third party. You will not get coverage of loss or damage cause to your own vehicle.

Online Bike Insurance Key Features & Benefits

Key features and benefits offered by online bike insurance policy is given below.

Easy and hassle-free way to purchase insurance policy
Completely paperless process
Online Plan & Feature comparison
Online discount offers
Zero depreciation coverage
Transfer of no claim bonus
Personal accident coverage
Third party Insurance coverage
Instant policy issue

Key Factors to Consider before Buying Bike Insurance Policy

You should consider following factors before buying any online bike insurance policy.

Policy Premium

The first point you should consider before buying two-wheeler insurance is policy premium. The premium of two-wheeler is calculated based on various factors such as bike condition, claim history, age of vehicle and location. You should buy policy with affordable and competitive premium rates.

Policy Features

You should compare policy features before buying insurance policy. There are certain features which are good to have but you really don’t need them. So make sure to select the best policy features as per you requirement.

Claim Settlement Ratio

Claim Settlement ratio is one of the important indicator in deciding insurance policy. If claim settlement ratio of company is good that means company is settling claims. It is good to purchase insurance with company offering good claim settlement ratio.

Look for Add-on

Add-on is additional benefit that come at the little extra cost above your premium. The add-ons are like personal accident insurance, zero depreciation, medical coverage, pillion rider and cashless hospitalization.

Compare before buying

Always compare policy before buying. There are multiple insurance aggregator available online such as policybazaar that will help you in comparing insurance policies.

Top Online Bike Insurance Policy in India 2025

HDFC Ergo Two Wheeler Insurance

HDFC Ergo Two Wheeler Insurance is one of the best bike insurance policy online. You will get option to buy single year, long term and two wheeler liability only insurance policy at HDFC Ergo online portal. Key features of HDFC Ergo two wheeler insurance is given below.

Easy and fast online process
Overnight car repair service
24×7 Online support
Complete paperless operation
Zero Depreciation add on coverage
Emergency Assistance Cover
Good Claim settlement ratio

IFFCO Tokio Two Wheeler Insurance

IFFCO Tokio is one of the preferred insurance options by many for the two wheeler insurance. It is very easy to purchase online bike insurance from IFFCO Tokio. Key features of IFFCO Tokio two wheeler insurance policy is given below.

Zero depreciation coverage
Coverage from natural calamity flood, earth quake etc
No Claim bonus option
Cashless garage option for repair
Additional personal accident coverage
Third party liability coverage
Average claim settlement ratio

Reliance Two wheeler Insurance

Reliance Two wheeler insurance is presented by reliance general insurance. Reliance offers wide range of insurance coverage with very good features some of them are given below.

Quick and online issue of policy
Fast claim settlement via NEFT
Free repair and replacement service at designated garages
Competitive rates
Customized Add-on options
24×7 Customer support
Policy renewal up to 3 years

Bajaj Allianz Two wheeler Insurance

Bajaj Allianz is next in the list of Top Online Bike Insurance companies. Bajaj Allianz is known for innovative product, customer centric approach and services. Key features of Bajaj Allianz Two wheeler policy is given below.

Easy online purchase and renewal
24×7 customer support for claim settlement queries
SMS service for claim status
Add on – depreciation shield
Covers consumable expenses
No claim bonus
Free services in the selected garages

I hope you have got complete understanding of online two wheeler insurance policies and features.

If you have any query feel free to post it in the comment section given below.

ICICI InstaBIZ – Business App Review

Personal Finance

Shitanshu Kapadia

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August 22, 2019

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ICICI InstaBIZ is new business app launched by ICICI Bank. This business app is designed to facilitate instant banking and instant business. The target audience for ICICI InstaBIZ is MSMEs and self-employed customers. It is an integration of 115 different services under a single application. Few services offered under this app is completely new. ICICI InstaBIZ is completely free. There are no additional charges levied for using this app. You just need to download this app and register your business. Starting from payment to collection and business loan to foreign trade you can use this app for availing multiple services. Key features and the process of using this business app is given below.

ICICI InstaBIZ – Key Features

The key feature list of ICICI InstaBIZ business app is given below.

Bulk Payments – You can go for bulk payments by using this app. This means you can transfer funds to multiple people at the same time. It can be useful for making a salary at a single go. It allows you to upload multiple transactions and make a payment on the move.

Fund Transfer – It is very easy to do fund transfer using this app. You can use NEFT, RTGS, IMPS and UPI via this business app.

Bill Payment – You can make payment of utility bills such as electricity, gas, mobile, DTH from this app. It is also possible to recharge your DTH using this app.

Tax Payment – This app also allows you to make instant GST payment. You can also make TDS and advance tax payment via this app.

Cash withdrawal & pickup Request – You can give cash withdrawal or pickup request and book the slot. Cash will be delivered or picked up at your doorstep at a given time.

Payment Collection – Unique feature of ICICI InstaBIZ is payment collection. You can raise an invoice and collect payment via this app. The App will generate a link which will be used for making transaction.

Loans – You can avail instant overdraft facility up to 15 lakh using this app. It also allows you to apply for a business loan, personal loan, home loan and auto loan.

Foreign Trade – You will get an online foreign trade facility including view of all foreign trade transactions including compliance and bills.

Business Dashboard – It gives consolidated business dashboard showing all your sales, cash position, invoice and outstanding payments.

Networking Platform – This apps offers you free access to business networking platform. It helps in growing your business. You can connect with entrepreneurs with relevant business opportunities.

Role Specific Access – InstaBIZ offers the facility to provide role-specific access to users. You can assign a financial limit for specific employees.

Auto Reconciliation – Record keeping and reconciliation are pain areas of the businessman. This app helps to perform instant auto reconciliation. This will increase your business efficiency.

ICICI InstaBIZ app can be used by ICICI as well as Non-ICICI bank customers. However, for Non-ICICI bank customer number of features will be limited. They will be able to open current account. This app also help them in getting overdraft loan up to 10 lakh after uploading KYC and bank statements.

Also Read – Best Digital Saving Account in India 2019

InstaBIZ Installation and Activation

You can download InstaBIZ from Google Play store. Once app is downloaded install the same in your mobile.
On opening app you will be able to see login page where you will be find three different options. You can login as current account holder, register as guest or download iMobile app.

If you are Non-ICICI customer you can register as guest and opt for basic functionalities.
If you are ICICI customer you can login using customer account user ID and password.
Once you are login you will be able to explore all features of this app.

If you are looking for demo or if you have any query you can use ICICI website to request call back for this application.

ICICI InstaBIZ Review

InstaBIZ is unique business application that helps you to run and grow your business. Benefits and drawback of this app are given below.

Benefits

115 different services under single app.
Unique features such as GST payment and auto reconciliation.
Doing all transactions on the move anywhere anytime.
Business promotion and networking facility.
Integration with POS machine for payment collection.

Drawbacks

The App is available for the Android users only.
Full functionality is offered only if you are ICICI customer.
Sometimes application performance is slow. It takes time to complete the transaction.

Overall it is a wonderful app for the MSME, self-employed and small business owner. It is an example of ease of doing business and digitization in true sense. You must try this business app once.

CRED App Review – Get Rewards for Credit Card Bill Payment

Credit Cards

Shitanshu Kapadia

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August 18, 2019

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CRED App Review – Get Rewards for Credit Card Bill Payment

There are multiple ways to make credit card payment CRED is one of them. CRED offers rewards for credit card bill payment. CRED is a mobile app that helps you to manage multiple credit cards.

Suppose you have multiple credit cards and you have difficulty in managing credit card payment CRED app is for you. Apart from clearing credit card dues, you can view all credit card statement, recent transactions on a single console. Let’s review the CRED App.

What is CRED?

CRED is a mobile app that offers cashback and rewards on bill payment. The rewards are given in terms of CRED coins. These CRED Coins can be redeemed for various lifestyle products & services. This benefit is on the top of normal cashback and rewards offered by the credit card.

It is AI-based app that also offers features such as due date reminder, spend analysis and other card usage statistics.

It is a membership-only app. You should have excellent credit score 750 or above to use this app. This app uses Experian & CRIF credit score to determine membership eligibility.

How to use CRED App?

Follow the simple steps given below to use CRED App.

Download and install Mobile app form Google Play (Android) / Apple Store (IOS)
Open the app and click on “Apply Now”.
Now enter your mobile number linked to your credit card.
You will get OTP on mobile number.
Once OTP is verified you need to enter your first name and last name.
Now the app will check for your credit score based on mobile number and name.
You need to enter your email id for sending your credit report.
It will display your credit score on the screen. If your score is more it allows you to subscribe to this app.
The app will try to find out associated credit card alternatively you can also add credit card manually.
The app will verify your card instantly.
Now you can make use of this app for clearing credit card dues.

CRED App Review

It is very easy to download this app. The user interface of this app is very good. The step for registration is lightning fast. On the registration is promptly display credit score and add CRED coin balance on the registration.

You will get your Experian credit report on your email id. It also detects your registered credit cards. In case the app is unable to detect credit card you can add it on your own.

The app is integrated with WhatsApp. It is sending payment reminders, hidden charges, and reward updates on Whatsapp.

I have tried to make credit card bill payment of ICICI and it works instantly. I have got CRED coins worth bill payment amount.

Initially, I was worried about the security of app but going through the documentation and other details I found that CRED App is maintaining the highest security standards including application-level encryption. The app security section describes more detail about privacy practice, data security and standards followed by them.

CRED is associated with leading brands such as amazon, levis, Ubar, zamato, cleartrip,flipkart, bookmyshow, bigbasket, ixigo, cleartax, swiggy etc.

Based on my experience pros and cons of this app is given below.

Pros

Single Interface to manage all credit cards.
WhatsApp Integration for bill reminders and hidden charge details.
Instant Credit score reports on registration.
Extra rewards and easy redemption process.
Track of payment history and rewards.
Refer friends and earn additional rewards.

Cons

You need to burn more CRED coins to get any reward offer.
If we compare this app with other apps such as PayTm this app requires improvements in terms of a premium feel.
In review rating few users have complained about customer support.

At last, I would like to say that CRED is a wonderful app that helps you in managing multiple credit cards as well as earning rewards. Credit card geek with a higher credit score should use this app.