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02/01/2023

Gautam Adani "Richest Man in Aisa”

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01/01/2023

Why did Starbucks have to take this step?

As the world's most popular coffee outlet, Starbucks has been a go-to place for coffee lovers. But to fight off the competition in India, they're considering adding Indian beverages to their menu.

The new items would be simple and inexpensive—something you can grab on your way out of work or while running errands after work. They'll be available in small cups, so you won't have to worry about paying extra for your drink.

Starbucks is also looking at other ways to keep up with the Indian market. They've already added a few Indian flavors to their menu: chai tea latte and masala chai tea latte (which are both sweetened with sugar). The idea is that these drinks will appeal to Indian customers who are looking for something different from what they're used to drinking at home or elsewhere.

But will this strategy work? It may take some time for Starbucks' competitors in India to catch up with them, but if they can maintain their popularity among Indians until then—and keep innovating—then it shouldn't be hard for them to stay ahead of the curve!

30/12/2022

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Nanu Gupta started a television showroom in Mumbai's Mahim. At that time, he had no experience in being an entrepreneur, no money to invest in the store and, most importantly, television was still unheard of in most parts of India.

Nanu came to Mumbai to work for Usha Interntional distributor where he learned all about dealing with customers and their demands. A few years later, he decided to start his own business in Mahim - Vijay Sales, which was initially a showroom selling televisions.

Nanu did not have the money to start his business so the initial sum of Rs 2,000 was borrowed from friends and family. The room that he rented was mere 200 sq ft .However, what made it a success was that Nanu was good at understanding customer needs and responding accordingly.

The first branch of Vijay Sales has now expanded to be 40,000 sq ft and is also one of the landmarks in the city. Nilesh Gupta, Nanu Gupta's son is now the managing partner of Vijay Sales.

Now over 100 stores across India with RS 4,200 Crore turnover electronic retail chain.

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30/12/2022

News 📰

In 2022, many individuals lost their status as billionaires, including some of the wealthiest promoters in India. Previously, there were 142 Indian promoters who had a net worth of at least $1 billion. However, by the end of 2022, this number had decreased to 120.

30/12/2022

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It is said that home is where the heart is. And it was no different for SKO footwear Founder Nishant Kanodia, who used to work abroad as an investment banker for 13 years. When he was based in London, he decided to quit his job and go back to his roots. He wanted to come back to India and become an entrepreneur. His family was running a footwear business for over 30 years, and so it was natural for Nishant to consider entering this sector and taking control of the business. The business was manufacturing footwear for domestic and international brands, but the Indian sector as a whole was fragmented. Close to 75 percent of footwear production in India still comes from unorganised players, according to a Research and Markets report. It would be challenging to fight this majority and enter the market with a new footwear label.

And while he was there, he had his eureka moment. The 38-year-old realised there was a gap in the homegrown boutique footwear space in India.

In 2018, Nishant took a leap of faith and invested his own capital to start SKO, a luxury footwear label with Scandinavian design aesthetics of clean looks and minimalism. “SKO means ‘shoes’ in Danish, and the aesthetics are inspired by Nordic design.

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30/12/2022

News 📰

Ola Electric announced in a blog post that it plans to launch two new electric bikes by 2024. CEO Bhavish Aggarwal stated that the new bikes will be added to the company's line under the Ola Electric brand.

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30/12/2022

In 2016, four friends and Ex-Flipkart Employees (Lalit Keshre, Ishan Bansal, Harsh Jain, and Neeraj Singh) met over a common interest – investments. They were all looking for an easy and affordable way to invest in the stock market, but they couldn’t find one.

So they decided to build it themselves. This is the story of Groww, an online investment platform that allows users in India to invest in mutual funds and other financial products with ease. Launched in 2017, Groww has quickly become one of the most popular investment platforms in India.

Today, Groww helps millennials invest in stocks, mutual funds, and more. The company has over 15 million users and more than 60% of them are from smaller towns and cities in India. In just six months, the start-up tripled its valuation to $3 billion. The founders took a risk by quitting their jobs but it was worth it. Today, Groww is one of the leading investing platforms in India. If we truly believe in ourselves, anything is possible.

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