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ITC Q2 results Overall Performance Revenue: ₹20,360 Cr Profit: ₹6,314 Cr Margin: 31% Cigarettes Segment Numbers Revenue: ₹8,177 Cr Profit: ₹5,023 Cr Margin: 61% 🤯 Cigarettes constitute 40% of the revenue and 80% of the profits. High dopamine bu

Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads. Despite having a good product onecard is spending huge capital to acquire new customers.

boAt: Riding the Audio Wave (with a Recent Setback) Company: boAt (founded 2016) Industry: Consumer Electronics (Audio) Challenge: Stand out in a crowded audio market. Solution: Stylish, budget-friendly audio for young consumers. Results: Growt

Welcome to Business Stories #3 Zomato's Case Study ■Introduction Introduction !? ...Everybody know Zomato ;) ■Initial Phase Struggles ●Scaling: Manganing Expanding operation was a headache ●Revenue:Finding long term income sources ●Tech Issue:

Burning through funds to capture Market share is TRENDING. For that startup sacrifice the control they have on the business. To what extent should we raise funds and what all things should we consider about the VC from which we are raising funds. OR

Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of th

Last week, news broke that India's former Defence Secretary launched his VC fund, Mount Tech Growth Fund. The first fund, named Kavachh, is expected to be ~₹500 Cr, supporting Defence Tech startups. ⏭️Demand for Defence Technology seems to be on t

Why is Dunzo Failing? So Dunzo started with hyperlocal deliveries. And later expanded to multiple services. By 2021, it was almost a unicorn but there was a issue! It was loosing about *10 every 1 earned. In 2021, looking at trends, it also entere

People say, "Only 3% of Indian people invest in stock market, in US it is 60%, what will happen if 20% of Indians invest in Stock Market?" I will tell you what will happen. I will float a company, "Myka PapaTM", will make Rs 500 cr loss, but confid

I’ve been working with startups for half a decade now but somehow my peers don’t understand the importance of value creation against immediate profits. Unicorns do matter. No point making small profit for years together without expanding user base. T