In the late 1800s, India was tormented by deadly diseases like cholera, malaria, dengue, and plague. Back then, a physician in Bengal called Dr. S.K. Burman concocted natural cures for these diseases.
He traveled through villages and towns to disperse them among the poor. Soon, the good doctor's name spread far and wide. People started recognizing Daktar Burman, who treated people that wouldn't have been able to fight their ailments without him.
The Da of Daktar and Bur of Burman eventually merged, and Dabur was born.
In 1884, Dr. Burman set Dabur up and started selling medicines from a small house in Calcutta. He passed away in 1907, but his legacy lives on.
Today, Dabur is the largest manufacturer of Ayurvedic medicine in the country, with products in over 100 countries and revenues of over Rs 8,500 Crore!
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Word on the street is that Jio is launching an affordable smartphone priced at Rs. 4000. And this could be a serious blow to Airtel and Vodafone-Idea (Vi).
Why? (1/6)
Well, the answer lies in the massive 2G user base in India. Airtel has 13Cr and Vi has over 17Cr 2G users. 47% of Airtel's and 60% of Vi's users are on 2G
Even when Jio launched free calls and cheap data plans, they couldn't get a lot of 2G subscribers to shift to Jio (2/6)
The reason being, Jio's 4G sim only works on a 4G phone. And most 4G smartphones sold at the time were still expensive for low-income groups. Although Jio released a 4G feature phone, it didn't manage to convince a lot of people to switch. However that might be changing now (3/6)
Unacademy is now valued at $1.45 billion after it raised $150M from Softbank and other investors. So we thought we would look at the spectacular rise of Unacademy and its journey towards becoming India's second Ed-tech unicorn
Dec 2010- Gaurav Munjal, a computer science student, launches a YouTube channel named Unacademy.
2014- Roman Saini, Hemesh Singh, and Sachin Gupta join the channel as fellow educators.
Jan 2016- Unacademy is officially launched with Gaurav Munjal, Roman Saini, Hemesh Singh, and Sachin Gupta as co-founders.
May-Aug 2016- Unacademy raises $1.5M in two rounds of seed funding.
Byju's acquired WhiteHat Jr for over $300million in an all-cash deal. So we thought we would look at the spectacular rise of Byju's and its journey to become the world's most valuable Ed-Tech startup.
Ever wonder how the blue Parachute Bottle came into existence? Here's a thread on how rats forced Marico to redesign the package encasing their most iconic product.
Back in the early days Parachute was sold in huge tin cans of 15 litres each, mostly through wholesalers. But during the late '70s traders in Bombay began experimenting with different packs and sizes. Some of the more adventurous folks had begun to sell Parachute in smaller packs
The new packs were more consumer-friendly and received a lot of interest from buyers. When Harsh Mariwala, the founder of Marico got whiff of this, he immediately charted a plan to introduce Parachute in cheaper and more consumer-friendly plastic cans.
Alright we need a thread on all the things happening at Reliance AGM. So here goes nothing
5G Announcement: Mukesh Ambani says 5G will be ready for field deployment next year. And they'll be ready for trials as soon as 5G spectrum is available. Says technology is 100% home grown
Think of Spectrum allocation as the government's way of auctioning radio frequencies (5G airwaves for example). Who gets to use how much is incumbent on who's willing to pay the most.
"Good is the enemy of great. We don't have great schools, principally because we have good schools. We don't have great governments, principally because we have good governments. Few people attain great lives, in large part because it is just so easy to settle for a good life.
The vast majority of companies never become great, precisely because the vast majority become quite good - and that is their main problem."- These are excerpts from the best selling business book Good to Great
In it, the author James Collins weaves a compelling narrative about 11 companies that seemingly cracked the code of success & made the leap from good to great; with the company's stock dramatically outperforming the market and its competitors over a sustained period.