Despite a slowdown in the economy and the equity market in a correction mode, India added 14 Unicorns in the last six months to retain the third rank in the ‘Global Unicorn Index 2022 Half-Year Report’ with a total of 68 Unicorns. Adding to the tally of 56 unicorns founded by Indians, but based outside…
by Rajesh Ravi - September 12, 2022In some countries, families are finding it hard to fill the plate with a given budget as prices of grain, egg, and meat soar high. Food inflation is seen galloping faster than inflation in other commodities as supply is seen sluggish and costlier than ever before. Inflation is near double-digit territory in most of the…
by Rajesh Ravi - September 9, 2022After a euphoric high of dream valuations in 2021, many start-ups are now waking up to a reality check as valuations tumble due to various factors. More than 228 start-ups, which had Unicorn status in 2021, have seen their valuations decline significantly in the last six months, according to the Global Unicorn Index 2022 Half-Year…
by Rajesh Ravi - September 9, 2022Sadly, Cyrus Mistry who died in a crash on Sunday will be known in the future more for the acrimonious clash and his eventual ungraceful exit from the conglomerate Tata Sons, than the questions he raised about corporate governance. His untimely death at the age of 54 comes just months after the demise of his…
by Rajesh Ravi - September 6, 2022Private Equity (PE) and venture capital investments in India are on an upsurge and likely to see more focus on unit economics going forward, according to the ‘Practus Hurun India PE Performers 2022’ report. The first edition of the report by Practus and Hurun India ranks India’s best-performing PE-backed companies based on the weighted average…
by Rajesh Ravi - September 2, 2022Is the incredible bounce back by the Indian equity market a rebound based on the relative stability of the Indian economy or just a dead cat bounce destined for more correction in the near term? SENSEX is very-near all-time highs and the surge strangely coincides with every time the foreign investors turn net buyers. The…
by Rajesh Ravi - August 26, 2022Billionaire innovator and technology evangelist Neha Narkhede owes her success and fame to Kafka. Not the German-speaking Bohemian novelist Franz Kafka, but Apache Kafka, a software she co-created and handles data in motion. The success of Kafka catapulted Pune-born Neha Narkhede into the hall of fame and today she is hailed as a technology entrepreneur,…
by Rajesh Ravi - August 10, 2022Pink Gin VI is not an ordinary yacht. She is the largest carbon composite sloop-rigged sailing yacht in the world at 46 meters with a hot pink sail that sets her apart from other sailing vessels. But then, her owner, Hans Georg Nader, is not an ordinary man. Scion of German artificial limb maker Ottobock,…
by Rajesh Ravi - August 8, 2022Key Highlights India is the global leader in the supply of DPT, BCG, measles, and COVID vaccines. Indian companies are setting up facilities for nearly 5.5 billion doses of COVID-19 vaccines. The procurement cost by the GAVI alliance for COVID-19 the vaccine will be INR 250 ($3) per dose. At that rate Indian companies will…
by Rajesh Ravi - July 28, 2022Agonizing wait for essential groceries when you are in the mood for cooking can be a mood spoiler. Not anymore, according to Aadit Palicha and Kaivalya Vohra, who are working on the mission to deliver essential groceries in under ten minutes. They have so far managed thousands of deliveries in a median delivery time of…
by Rajesh Ravi - July 23, 2022