Prev- Founder & CEO ... • 1y
BMW is the best luxury car across the globe, in fact in they made close to $150 Billion in revenue in FY22 Interestingly their India business contributes only 0.5% of their overall revenue, but why are they failing in India? See, what works in the West doesn't work in India BMW makes sense in first-world countries because more than 90% of households own a car But India is a 2 wheeler market, close to 49% of households own a bike and only 8% of households own cars in India In fact less than 10,000 BMWs are sold in India every year, it's just because our per capita income is around $2000 and most Indians don't have the consumption mindset yet.
Founder-Hexpertify.c... • 1y
"Your Pawn is no Match For our King" Marketing Face off #1 Audi vs BMW BMW and Audi are known for going at each other for quite some years now. Whether it is about car awardshows or new car models, they keep throwing jabs. This time it started A
See MorePrev- Founder & CEO ... • 1y
India with a population of 1.4 Billion has more than 54% of teens and youth. India has a working population of 500M - we are still exam-driven not skill-driven. Even with all government reforms, India is the most challenging country to build a busi
See MoreFounder & CEO • 1y
Day - 1 Startup case study: Nykaa Founders : Falguni Nayar Total Funding: $124 Million Key Investors: TPG Growth, Lighthouse India, Steadview Capital Nykaa is India's Leading omnichannel beauty & personal care retailer founded by former investmen
See MoreDownload the medial app to read full posts, comements and news.