Roadside momos stall makes more than a corporate employee? 😧
I) Average corporate employee salary:
Assuming Rs 30K/- starting in a Tier 2 city.
II)Momos stall owner revenue:
Plates sold in a day - 100
Average price per plate - Rs 60
Daily reven
Raised $250 million which is Rs. 2000 Crore for this AI pin and now after it flopped they want to sell it at $800 Mil - $1B (approx rs 8000 cr). Delusional founders. I feel sad for their investors. An influencer can really screw you up.
Bank of Baroda shares in focus as lender to raise funds via long-term bonds :- Bank of Baroda shares closed 2.07% lower at Rs 250.65 on Wednesday against the previous close of Rs 255.95 on BSE. Total 3.05 lakh shares of Bank of Baroda changed hands
😳 Guy named Kopparam revealed on twitter that a dosa vendor near his home earns Rs 20,000 daily, amounting to Rs 6 lakh a month. After deducting costs, the vendor takes home Rs 3-3.5 lakh monthly, all without paying tax🤣 but employee gives 7-10% Ta
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Aditya Arora
•
Faad Network • 2m
How Meghana Biryani is bigger than most startups in Bangalore?
Let us look at how. 👇
i) Outlets - 11 (All prime locations like Indiranagar, Koramangala, etc)
ii) Seats/outlet - 120
iii) Table turns daily - 10
iv) Daily Customers served in 1 outlet
Imporant metric for Start-ups - Break Even Units
Suppose we are a shoe brand and we want to calculate our units to be sold for break even (No profit No Loss)
Fixed Cost - 4,00,000
Selling Price per Unit - 1200
Variable Cost per Unit - 800
Contributi
CTC stands for Cost-to-Company, and it's a human resources metric that represents the total amount of money a company spends on an employee in a year.
This includes the employee's salary, benefits, taxes, and other costs.
CTC is different from an
Income of Cult.fit Crosses Rs 1,000 Crore in FY24
Fitness technology company Cult.fit has achieved a major point in FY24. The company achieved a total income of over Rs 1,000 crore consistently to depict the growth trend. This major accomplishment i
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Applyly
Hey I am on Medial • 4m
upGrad posts Rs 1,876 Cr gross revenue in FY24
upGrad is becoming more and more significant and assertive in the edtech market. The Mumbai-based skilling platform showcased remarkable financial performance in FY24. Its gross revenue soared to an impr
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Vansh
Money Gives Power • 3m
According to you what made zomato profitable in the last FY24...
According to me :-
1. Operational efficiency : Zomato reduced the cost of delivery and other over expenses too
2. Diverse revenue stream : As zomato also goes into the "Going out" b