A naukri.com initiative
Entrepreneurship
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Shark Tank India: Aman Gupta says ‘paranthe bech lo’ to founder asking for Rs 60 lakh for pancake company
- On a recent episode of Shark Tank India, the founders of Uncle Peter’s Pancakes showcased their flourishing pancake business. Seeking Rs 60 lakhs for two percent equity, they impressed the sharks with their Rs 5 crore sales in 2023.
- Anupam Mittal and Namita Thapar offered Rs 60 lakhs for four percent equity each. Aman Gupta humorously bowed out, suggesting they sell paranthas instead: "Paranthe becho lo!" Eventually, the founders struck a deal with the trio for Rs 60 lakhs for three percent equity and three percent royalty.
- Anupam’s witty remark, "aapki Aman ke baap Anupam se deal hui hai," added a comedic touch to the negotiation.
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1y
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OYO's Ritesh Agarwal's advice to young founders
- X users lauded OYO CEO Ritesh Agarwal's advice, emphasizing the importance of making mistakes for personal and professional growth.
- One user remarked, "That's a great advice! Someone who isn't making mistakes isn't trying anything new." Another added, "We must normalize making mistakes. It states that you are trying so that you're making mistakes and learning from that."
- Several users commended Agarwal's willingness to mentor and guide young founders, acknowledging it as a valuable contribution to the startup community.
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28 Likes
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1y
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After Dot-com failed, we had 16 months of money left: Info Edge's Sanjeev Bikhchandani
- Sanjeev Bikhchandani reflected on Info Edge's challenges following the Dot-com crash, stating, "We had about 16 months of money left," he said at the Startup Mahakumbh 2024.
- He emphasized their response to customer feedback, saying, "We started implementing whichever customers' feedback made sense." This approach catalyzed the success of Naukri.com.
- Bikhchandani attributed their resilience to the aftermath of the 9/11 attacks and the Dot-com crash in the early 2000s, illustrating the pivotal role of adaptability in navigating turbulent times.
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15 Likes
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1y
896
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Gautam Adani on 5 principles of success, and challenges he faced
- In a recent event in Mumbai, Gautam Adani, the Chairman of Adani Group, shared insights into his entrepreneurial journey, highlighting five key principles that have guided him towards success.
- He emphasized the importance of resilience in the face of challenges, the ability to navigate complexity, the necessity of flexibility rooted in local contexts, resilience to criticism, and above all, the value of humility. Drawing from personal experiences and lessons learned, Adani's principles underscore the importance of adaptability, inner strength, and staying grounded amidst achievements.
- These principles serve as valuable lessons not only for aspiring entrepreneurs but for anyone navigating the complexities of life and business.
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1y
1.6k
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Shark Tank India 3: Anupam Mittal takes a dig at Aman Gupta, says 'Ye Speakers Bechne Ka Dhanda...'
- In a recent episode of Shark Tank India season 3, tensions flared as judges engaged in a heated exchange. Anupam Mittal took a jab at Aman Gupta, remarking, "It’s network effect business. Ye koi audio, speakers bechne ka dhanda thodi hai?".
- Gupta, seemingly offended, urged the pitchers to opt for a calm and composed investor. Eventually, Ritesh joined Gupta and Namita Thakur’s offer, settling on Rs 1 crore for 1.5 per cent equity.
- Gupta, elated by the outcome, quipped, “Koi bolta hai main tech ka king hu main. Oh Ho, bura laga unke liye,” while Thakur praised their decision-making.
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1y
3.2k
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Indian CEO quits high-salary Microsoft job in US to launch startup for farmers
- Ruchit Garg, a former Microsoft employee, left his high-paying job to pursue a passion for entrepreneurship and agriculture. Inspired by his grandfather's farming background, he founded Harvesting, a startup aimed at empowering farmers in India.
- Through Harvesting, Garg seeks to eliminate intermediaries and provide farmers with better deals for their produce. His journey from financial struggles to speaking at Harvard University showcases his determination and success in creating meaningful change in the agricultural sector.
- With over 37 lakh farmers benefiting from his company, Garg's story exemplifies the potential for technology-driven solutions to address social challenges.
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52 Likes
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1y
776
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Nvidia CEO Jensen Huang believes their is ‘low probability of success’ if company is started because of this reason
- NVIDIA CEO Jensen Huang emphasized at a recent economic forum that launching a company solely for monetary gain carries a high risk of disappointment.
- He encouraged aspiring entrepreneurs to pursue ventures driven by passion and belief in their ideas rather than financial incentives. Huang's advice underscores the importance of resilience and conviction in navigating the challenges of entrepreneurship.
- Additionally, he discussed the potential emergence of artificial general intelligence within five years, contingent upon how the goal is defined. Amidst discussions on AI expansion, Huang highlighted the need for more chip factories while emphasizing ongoing advancements in computing efficiency.
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4 Likes
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1y
803
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Shark Tank India 3: Amit Jain’s former employee comes up on the show with his bakery business; the shark invests in it
- In the latest episode of Shark Tank India, a heartwarming tale unfolded as a former employee of Amit Jain, Pranjay, along with his mother, stepped onto the stage to pitch their bakery business.
- Recounting his journey from being a product manager under Amit Jain to venturing out on his own, Pranjay expressed gratitude towards Jain for his unwavering support. Despite skepticism from some sharks about scalability and pricing, Amit Jain recognized the potential and offered a deal of 60 lakhs for 2.5% equity, emphasizing his faith in the venture's success.
- The episode showcased not only entrepreneurial spirit but also the value of mentorship and belief in one's dreams.
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1y
1.5k
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Amazon's Jeff Bezos is ‘so unusual’ because of these 4 unique traits, Andy Jassy says
- Amazon CEO Andy Jassy recently highlighted four unique traits that make Jeff Bezos an extraordinary leader. First, Bezos encourages his teams to "Think Big," pushing boundaries for innovative ideas.
- Second, he maintains exceptionally high standards, inspiring others to meet and exceed expectations. Third, Bezos displays strategic patience coupled with tactical impatience, unwavering in his long-term vision yet eager for swift action.
- Lastly, Bezos is characterized by his openness and curiosity, constantly seeking to learn and adapt from diverse perspectives. These qualities underscore Bezos's unparalleled leadership, shaping Amazon's success and influence in the business world.
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37 Likes
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1y
794
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International Women’s Day: Top women entrepreneurs and their educational qualifications
- Indra Nooyi, former PepsiCo CEO, mastered management at IIM Calcutta and Yale.
- Kiran Mazumdar-Shaw, founder of Biocon, blended her biology expertise with brewing studies from Melbourne University.
- Falguni Nayar, Nykaa CEO, leveraged degrees from Sydenham College and IIM Ahmedabad.
- Vineeta Singh, Sugar Cosmetics co-founder, combined engineering from IIT Madras with an MBA from IIM Ahmedabad.
- Roshni Nadar Malhotra, HCL Technologies Chairperson, merged communication studies with a Kellogg MBA, leading India's IT giant.
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1y
1.2k
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How this professor set up Rs 1 crore mushroom business
- Jaipur-based professor Annu Kanawat's journey from academic to entrepreneur is a testament to perseverance and innovation. Starting with oyster mushroom cultivation in 2020, her venture Aamlda Organic Foods now aims for a turnover of Rs 1 crore.
- Kanawat not only sells mushroom-based products but also trains farmers and women, empowering them in agribusiness. With minimal investment requirements, her model offers a blueprint for sustainable entrepreneurship.
- Her story underscores the transformative potential of agribusiness in empowering communities and creating avenues for economic growth.
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26 Likes
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655
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Bengaluru entrepreneurs ‘too decent’ and ‘quiet’ unlike Delhi, Mumbai counterparts: Nirmala Sitharaman
- Union Finance Minister Nirmala Sitharaman praised Bengaluru-based entrepreneurs for their contributions to a 'Viksit Bharat' (developed India), highlighting their quiet demeanor compared to counterparts in Delhi and Mumbai.
- She noted their inclination towards using social media to voice concerns, describing them as "tech-savvy" but "too decent." Sitharaman assured government support for startups despite isolated challenges, emphasizing the sector's overall resilience.
- Additionally, she commended Bengaluru's taxpayers for their unwavering contributions, affirming their role in maintaining economic momentum. The minister's remarks underscore the importance of Bengaluru's entrepreneurial spirit and tax base in India's development trajectory.
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949
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"One Chai, Please": Bill Gates enjoying Dolly Chaiwala's tea leaves internet in a stir
- The unexpected collaboration between billionaire philanthropist Bill Gates and Dolly Chaiwala, a humble tea vendor from Nagpur, India, has sent shockwaves across the internet.
- In a viral video shared on Gates' Instagram, he is seen enjoying a cup of chai at Dolly's roadside stall, engaging in conversation with the social media sensation. This unlikely encounter has sparked a frenzy of reactions online, with netizens marveling at the unexpected pairing.
- Dolly Chaiwala, known for his stylish tea-serving techniques and flavorful kadak chai, has earned admiration for his unique approach to the age-old tradition of chai-making.
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1y
1.5k
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Meet Sriram Krishnan, Chennai-born techie who has worked with Elon Musk, Mark Zuckerberg
- Sriram Krishnan, the Chennai-born techie-turned-venture capitalist, shared insights from his experiences working closely with tech giants like Elon Musk and Mark Zuckerberg.
- Speaking at the World Government Summit, Krishnan highlighted the meticulous attention to detail displayed by these CEOs, emphasizing their hands-on approach and penchant for micromanagement.
- He emphasized the importance of simplicity in leadership and the necessity of a polarizing vision to drive innovation, drawing on anecdotes from his time at Facebook and during Elon Musk's takeover of Twitter. Krishnan's reflections shed light on the dynamic nature of leadership in the tech industry.
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30 Likes
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1y
1.4k
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Anupam Mittal recounts setbacks: ‘Had 2-3 failed businesses as a teenager, applied to 1000 jobs in the USA’
- Shark Tank India investor Anupam Mittal shared his journey, revealing setbacks including two to three failed businesses in his teenage years and challenges in the USA where he applied for a thousand jobs.
- "Right from the beginning, I failed so much," he reflected, emphasizing the fear of irrelevance as a driver for reinvention. Despite numerous rejections, Mittal stressed perseverance as key to success, stating, "You don’t need to be smart or lucky, you just need to persevere and stay with it."
- Today, Mittal's success in both investing and building companies serves as a testament to the power of resilience in overcoming obstacles and achieving one's goals.
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