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Entrepreneurship
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Meet Sridhar Vembu, Tamil Nadu villager & founder of Zoho that made Rs 2,749 cr profit this year
- Sridhar Vembu is the founder of Zoho, a successful company with a profit of Rs 2,749 crore this year.
- Vembu hails from a small village in Tamil Nadu and is considered a self-made man.
- Zoho offers a wide range of business and productivity software, with a focus on affordability and accessibility for small and medium-sized enterprises.
- Vembu is a prominent figure in the Indian business community, known for his entrepreneurial success and innovative approach to technology.
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'My aim is to make ₹20 cr & chill,' ShareChat Co-founder Bhanu Pratap told employees: Report
- Bhanu Pratap Singh, a co-founder of ShareChat, reportedly stated to employees that his goal was to make ₹20 crore and relax, according to a report by Moneycontrol.
- Singh, who formerly served as the Chief Technology Officer of ShareChat, recently stepped down from his active role in the company.
- According to employees, Singh appeared disinterested in the company's affairs and was often absent from meetings and reviews.
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'Never had to fire people because of bad markets': Ashneer Grover on layoffs
- Ashneer Grover, former BharatPe Co-founder and MD, stated that he never had to lay off employees due to poor market conditions and that he always hired carefully.
- Grover's comments come amidst a wave of layoffs at companies such as Amazon, Microsoft, Meta and Swiggy among others.
- He also announced that his new startup Third Unicorn would have a maximum of 50 employees.
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English Literature MA runs tea stall for 'entrepreneurial' goals, aims to be as big as 'Chaiyos'
- An English-speaking woman has surprised commuters in Delhi by operating a small tea stall on a bicycle cart, despite the cold weather.
- Sharmistha Ghosh, a post-graduate in English Literature, runs a tea stall on a bicycle cart to fulfill her dream of becoming an entrepreneur, her goal is to run a chain like Chaiyos. Her story was shared on LinkedIn by an army brigadier.
- He wrote, "Many highly qualified youth are in despair and looking for a job that matches their qualifications. This message is for them."
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'Best Boss Ever': Entrepreneur takes his employees on luxurious vacations worth Rs 4 crore
- Mark Neilson, an entrepreneur and insurance agent, has been tagged as the 'world's best boss' for his generous gesture of taking his employees on extravagant holidays, valued at 4 cr rupees.
- The AO partner is known for not only providing employees with lavish gifts, but also offering financial assistance as necessary.
- As per a report, Mark Neilson planned holidays worth 400,000 pounds for employees after the company's successful year and also gave cash handouts to staff on holidays as an extra bonus.
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Ashneer Grover promises 'Mercedes' to employees on completing 5 yrs in his new startup
- Ashneer Grover is starting another startup with his wife Madhuri. Announcing his new company's framework- Third Unicorn, he invites new people and inventors to join the team.
- He added that the company primarily seeks Indian investment and discouraged venture capitalists. "Avoid VCs-SheCs. We use solely Desi/Self-earned capital, "he said.
- Grover also promises to give a Mercedes if employees complete 5 years in his new company.
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Ashneer Grover wants to become a minister; here's why
- On Wednesday, former Shark Tank judge Ashneer Grover revealed his political ambitions on a podcast, saying he will start this new chapter in 5 years.
- "I want to be a minister next... I must do more. I want a legacy. Politics is the only way", he said.
- He further added, "You celebrated Rishi Sunak for becoming a Prime Minister at the age of 42. But if I aim for 45 people, I think it's too soon."
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Ashneer Grover recalls rejecting Virat Kohli & Anushka Sharma as brand ambassadors
- Ashneer Grover, BharatPe's former co-founder said that he previously rejected cricketer Virat Kohli as a campaign brand ambassador, even when offered his actor wife Anushka Sharma in the same package.
- During the Vagehra Vagehra podcast with Yam-Rraj Ft, the bestselling author of Doglapan stated that he paid half of what Kohli would have charged and signed 11 more players for the same campaign.
- After the deal details were revealed, Grover claimed that even Virat Kohli admired his business sense.
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We all started with moonlighting: Shark Tank India judge Anupam Mittal recalls his startup days
- Anupam Mittal, founder & CEO of the People Group, revealed that he moonlighted in the early years of his business.
- We all started with moonlighting. It is needed to manage expenses,” Mittal said in Tuesday’s episode of Shark Tank India Season 2.
- Mittal is a prominent Indian angel investor. He has invested in Ola Cabs, BigBasket, Rapido, Druva, and many more unicorns.
- The founder of Shaadi.com also stated that moonlighting is normal in the initial years for an entrepreneur.
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Mala Gaonkar launches the biggest women-led hedge fund in history
- Mala Gaonkar's SurgoCap Partners began trading on Tuesday with $1.8 billion in assets. This was the the largest debut of a woman-led hedge fund in the industry’s history.
- According to sources, SurgoCap will invest using data science to improve financials, industrials, health care, and corporate data.
- The launch follows Divya Nettimi's Avala Global's debut in October, which began with more than $1 billion in committed cash.
- After establishing themselves at bigger businesses, the two women attracted significant capital. Gaonkar, 53, worked at Lone Pine Capital for 23 years, while Nettimi spent seven years at Viking Global Investors.
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Zerodha founder & CEO Nithin Kamath stops all work chats after 6 pm; here's why
- Zerodha CEO Nithin Kamath said keeping all devices aside one hour before sleep, stopping all work chats unless critical after 6 pm, & spending time doing what is most relaxing just before sleep has helped him the most with sleep.
- "As we get older, our health, not money, determines the quality of our lives," he wrote on LinkedIn.
- Good health also allows the young entrepreneur to recover quicker from unexpected events. He stated health goals should be about feeling well, not looking good.
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Ashneer Grover says he made Rs 2.25 cr within 8 minutes of Zomato IPO opening
- Ashneer Grover, a former BharatPe co-founder & managing director, revealed that he made a cool 2.25 crore from the Zomato IPO within 8 minutes of its opening in July last year.
- Grover stated in his memoir 'Doglapan' that he applied for shares worth ₹100 crore during Zomato's IPO, but he received an allotment of shares worth more than 3 crore.
- He said that he became a little greedy post the Zomato IPO. "I went in for the Car Trade IPO but ended up losing ₹25 lakh there," he added.
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Don't chill when business is struggling: Tencent CEO to staff
- Pony Ma, the billionaire co-founder of Tencent Holdings Ltd., went on a rant about lazy, oblivious, and even corrupt employees.
- "You can't even survive as a business, yet you're chilling on weekends, playing ball," Ma told his audience, according to those present.
- The Chinese billionaire also hinted at businesses getting cut if the employees did not perform well.
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