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Showing posts with the label business

Shark Tank India Season 1: A Look at the Pitch Deals Over 1 Crore

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Shark Tank India Season 1 was lit! We had Ashneer Grover dropping the classic " Yeh sab Doglapan hai " bomb, Aman Gupta saying " Hum bhi bana lenge! "  Namita Thapar being all " Mera Expertise nahi hai, isilie I am out! " and Anupam Mittal going " Tum Kamal Ke Bande Ho Yaar ".  It was like a Bollywood movie, but with business pitches. And let's not forget, it gave us a new perspective on how to make that money, 'cause a 9-5 job ain't cuttin' it no more. Yo, so you know how Shark Tank India season 1 was lit AF? Like, we were all hooked on the drama and the business talk (and even business terms such as Gross Margin, Net Margin, Operating expenses, Month-on-month growth, Run-rate, CAC, bottom-line growth, scaling, etc.). But now, it's time to get ready for round two! And let me tell you, the stakes are high. These entrepreneurs came to the tank with big dreams and an even bigger ask - over 1 crore rupees (approx USD 121,500), wh

BOYCOTTING CHINA - A CHALLENGE OR AN OPPORTUNITY?

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China backstabbing India at the UN! China responsible for Covid-19..! China nibbling North-East frontier! BOYCOTT CHINA! S ocial media is literally painted red with avid pro-India chanting. But remember one thing- Promises made in adversity are forgotten in prosperity . Even otherwise, boycotting China is easier said than done. India is the 17th largest export economy in the world but stands 45th rung apropos complexity according to the Economic Complexity Index (ECI). Indian import from China amounts to $ 70.39 billion while our export is only $16.5 billion . A cursory glance would explain the reason for this huge trade deficit and also expose the MISNOMER OF BOYCOTTING CHINESE GOODS AND SERVICES BY INDIANS . India exports cotton yarn, iron ores, copper alloys, granite, basalt, sandstone, nuts, tanned leather, etc. whereas our imports from China include telephone sets, cellular networks, transmission/reception of voice/images/data in a wired/wireless network account nearly