July, 25, 2016

How Dr. Velumani led Thyrocare’s big-bang entry into the stock market

Dr. Velumani helps us see what it takes to build a successful business in India; stamina and frugality. Clearly, investors loved these traits of Thyrocare and as a result, the IPO was oversubscribed 73 times. Through this article, the scientist-turned-entrepreneur helps us understand his professional journey, especially during the all important pre-IPO phase.

by
S. PREM KUMAR

Seeing transportation as an energy play

With Chetan Maini, India’s electric car pioneer, by its side, Lithium Urban Technologies is on the fast lane to revolutionise corporate employee transportation by deploying electric vehicles to move people from one place to another in the most (energy) efficient manner possible.

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Fixing the problem of customer service

Helpshift, a customer support platform, is installed in almost 1.30 million devices worldwide and serves more than 300 million mobile customers on a monthly basis. With a recent funding round of US $23 million from Microsoft Ventures and Salesforce Ventures, the company is gearing up for further growth.

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Where Zero is a Hero

India’s first online marketplace for forex services, BookMyForex, recently launched its ‘Zero Margin’ campaign which allows customers to buy forex at interbank rates with zero exchange margins. While its current annual transaction volume is Rs. 500 crore, over the next two years, it aims to up that number to Rs.2,500 crore

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Changing times, changing solutions

Through its online auction marketplace, XSTOK, aims to revolutionise the way the textile industry sells its surplus. Currently, the app has 300 registered sellers and 8,000 registered buyers and the company sees the respective numbers going up to 500 and 25,000 by the end of this fiscal. In the same time period, it also aims to ramp up the number of auctions to 1,000.

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Know the air you breathe

Airveda’s air quality monitor helps assess the pollution levels and enables individuals to take life-impacting decisions for better quality of life.

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Taking Video Recruitments A Notch Higher

Monjin is attempting to build a marketplace where candidates and interviewers come together to participate in video interviews and curate a database of potential hires. Eventually, it aims to build a database as large as LinkedIn’s.

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Pepper up your home

Norwest Venture Partners-backed Pepperfry.com, which encourages artisans and SME suppliers through its market place, aims to grow the online home and furniture segment and cross a gross merchandise value of US$ 1 billion by 2017

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A ‘little’ difference goes a long way

Two founders of Zovi have now founded a new venture, Little, a discovery platform with geo-location based hyperlocal deals and discounts. Manish Chopra, one of its founders, talks about his plans for building the platform into a sustainable business in India, cash conservation at a time of funding lapse in India’s startup ecosystem and the art of juggling two businesses

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Linking the Last Mile

Porter, which was recently funded by Sequoia Capital, uses technology to improve the efficiency of the LCVs, plans to expand to other tier I and II cities in the next two to three years, grow its revenues at 25 per cent to 30 per cent, and offer a fleet of 15,000 trucks on its platform.

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Going local in the fight against cancer

Through its glocal approach, HCG, aims to cut the cost of cancer treatment by nearly 67 per cent. At present, the chain of hospitals has on board a team of 170 doctors spread across 20 centres in India

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Engaging and motivating the new generation workforce

The author shares 5 ways employees can tune out the negativity at their workplace and stay motivated and optimistic through tough times

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Tackling Competition Laws With Clean Teams

The authors discuss how companies negotiating a potential M&A can adopt a clean team approach to balance the twin objectives of obtaining information about the target company, while preventing any potential violation of competition law pertaining to information exchange before completion of a transaction

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Chronicling Radiance Realty’s Growth Drive

As a part of its future growth, Chennai-based Radiance Realty plans to further penetrate into TN, and sign residential and commercial projects in Karnataka and Maharashtra, and dabble in solar energy projects with an upcoming acquisition in Tamil Nadu. The company is also identifying ancillary businesses it can bring under the Radiance brand, apart from its current interior and home solutions division.

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In conversation with Amit Patni

Amit Patni talks about RAAY Global Investments, his investment philosophy towards different opportunities, the future of the family office and the sectors that are likely to see growth in the future

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“Many haven’t understood the opportunity in making early-stage investments”

Dr. Apoorv Ranjan Sharma, co-founder of Venture Catalyst, a seed investment and innovation platform, talks to us about the need of the hour for the investment community and the Indian startup ecosystem and its future

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