Question

State some of the recognition that Virgin Group Ltd. had received in recent years.

Answer 1

Virgin Group incorporated in year 1989. It was founded by two entrepreneurs 1. Sir Richard Branson, 2. Nik Powell. It is a billion dollar company. There are more than 200 privately held companies worldwide. Virgin group is an investment focus group and it has many subsidiaries companies invested in several companies. Company has invested in many sectors like tourism, travel, mobile etc. Recently company has invested in “Hyperloop technology” and initiated few projects as well. Virgin group has also ventured in to space travel business named as “Virgin Galactic”

Sir Richard Branson is the face of the company worldwide and he is known for his business acumen and being serial entrepreneur.

Table below shows list of companies under Virgin Group which are at present active

Company	Sector
Virgin Active	Health, Gym Chain
Virgin Atlantic	Travel, Airline
Virgin Australia Holdings	Travel, Airline
Virgin Books	Publishing
Virgin Care	Health
Virgin Connect	Travel, Airline
Virgin Experience Days	Hospitality
Virgin Galactic	Travel, Aerospace
Virgin Holidays	Travel, Tour Operator
Virgin Hotels	Travel, Hotel Chain
Virgin Hyperloop One	Travel, High-speed rail
Virgin Limited Edition	Travel, Hotel Chain
LimeBike	Travel, Motorbike Taxi
Virgin Media	Communications
Virgin Megastores	Retail
Virgin Mobile	Communications
Virgin Money UK	Banking
Virgin Oceanic	Travel, Undersea
Virgin Orbit	Aerospace
Virgin Pulse	Business Services
Virgin Racing	Motorsport
Virgin Radio	Entertainment, Radio
Virgin Rail Group	Travel, Trains
Virgin Sports	Sports
Virgin Trains the USA	Travel, Trains
Virgin Unite	Charity
Virgin Startup	Charity
Virgin Vacations	Travel, Tour Operator
Virgin Voucher	Retail
Virgin Voyages	Travel, Cruise line

It is not that company has made only profit in business, there were few ventures which company has existed at they are cited as below,

Company	Category
Square	Finance, Fintech
Virgin Pulse	Consumer, Health Care
Free now	Apps, Mobile
Ring	Consumer Electronics
Virgin Australia	Travel, Air Transporation
Ring	Home security
ZOZI	E-Commerce, SaaS
SideCar Technology	Apps, B2B
Pikum	Sports, Web Development

Virgin group has mostly shown tendency to take risk and start a new venture which most of the business house wont dare to begin. Example to such business are

1. Virgin Galactic – Space Travel Company,

2. Virgin Hyperloop – New technology for high speed rail travel (completely new technology)