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MPL, the first Gazelle to become a Unicorn. Who is next? The story of India’s Future Unicorns

When asked how he became bankrupt, Mike, a character in Ernst Hemingway’s novel The Sun Also Rises, described the predicament in this manner. “Two ways, gradually and then suddenly”. The remarkable, yet, hilarious description of Mike is a perfect match to describe the Indian Unicorns landscape in 2021. The only difference; the Indian Unicorn story…

by K P Sethunath - September 15, 2021

The vanished ‘Flying Apsara’ and Indian Art

The downward spiral of Air India from the heights of its glory is too familiar a story nowadays. The fate of the art collection of Air India, however, is one of the least known features of the beleaguered national carrier. Known for many first to its credit in aviation Air-India is also having the distinction…

by K P Sethunath - September 9, 2021

Growth Pattern of Indian Billionaires in the Top Over the Last 8 Years

“If we were motivated by money, we would have sold the company a long time ago and ended up on a beach”, quotes Larry Page, Google co-founder and CEO of Alphabet Inc. Most billionaires have one common trait – Money making is never the primary objective. Successful entrepreneurs aim at sustainability, smart and informed decision…

by Hurun Research Institute - April 14, 2020

The Silver Lining in India Amidst the COVID Cloud

In the book Sapiens, Yuval Noah Harari says that humans rule the world because they can cooperate in extremely flexible ways with countless number of strangers. This very skill stands at the cross roads today with the eruption of COVID-19. Humans have been moving mountains with their social skills and networking ability. Can we do…

by A R Junaid - April 7, 2020

Indian Equity Market – Q4: 2019-2020 – The Worst Quarter for Investors

On 16th May 2014, when Narendra Modi was sworn as India’s 14th Prime Minister, BSE Sensex hit an intra-day high of a whooping 25,375 points and closed at 24,121 points. The market registered a CAGR of 10% till January this year. Since then, BSE Sensex pared 70% of its gains earned during the Modi era…

by A R Junaid - April 2, 2020

Anas Rahman Junaid – the journey from interning at Hurun Report Global to founding Hurun India

On successfully completing the internship, Anas met Rupert at his family home in England over dinner and since then there has been no looking back. Anas believes passionately about contributing to the ecosystem of Indian entrepreneurship and in possible domination of Indian and Chinese economises in the 21st century. Making most of the unique opportunity…

by A R Junaid - March 27, 2020

E-commerce Players

Valuation overview Founded in 2009 flipkart raised series A funding of $1mn funding at a valuation of $16mn. Followed by series B funding of $69mn at a valuation of $69mn. In 2012 August flipkart enters the unicorn club through series D Funding lead by Nasper and Morgan Stanley, raised %150mn at a valuation $1bn. On…

by Hurun Research Institute - May 21, 2016

Will India go the Sri Lankan way?

Fears of India going the Sri Lankan way is grossly unfounded because of the sheer difference between the two countries in size and diversification of the economy. The economic and political catastrophe of the Island nation can at best serve as a cautionary signal to maintain fiscal prudence and not to give in to profligacy…

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