Last week a leading financial daily reported that several unicorns had suffered write downs in their valuation. You can read it here. https://economictimes.indiatimes.com/tech/technology/blackrock-cuts-byjus-valuation-by-over-60-to-8-2-billion/articleshow/100627551.cms For those who have been observing the startup space even from the periphery, like me, this was not completely surprising. News about write downs had been trickling in for a while from 2022. What the news story did was to pull into one place the names of prominent venture capital (VC) funded companies and the extent of write downs they had suffered lately. The story suggested…
Year: 2023
IIMB alumna Dr. Kalpana Gopalan-authored book chapter published as part of ‘Management 4.0: Empowering Managers Through Emerging Technologies’
The chapter titled: ‘Policy and Practice of Delivering Government Services through Technology’ is part of the book co-authored by Prof. Anurag Singh and Dr. Rubee Singh 5 June, 2023, Bengaluru: A book chapter titled, ‘Policy and Practice of Delivering Government Services through Technology’, authored by Dr. Kalpana Gopalan of the Indian Administrative Service (IAS), Government of India, also an alumna of the Doctoral Programme and Post Graduate Programme in Public Policy & Management (PGPPM) of IIM Bangalore, has been published as part of the book, ‘Management 4.0: Empowering Managers Through…
Good Health through Dry Fruits: The Kharawala Products Journey
The start-up Kharawala Products is into importing and exporting dry fruits, seeds and berries. The Founder, Rinki Chandawalla, shares that their vision is to educate people about the importance of dry fruits, their quality and how much should be consumed. “We aim to ensure best quality, competitive pricing and exclusive packaging. We supply dry fruits via tender system to five-star hotels. We also sell to reputed companies and online through marketplaces. Moreover, we have started Digital Marketing for the brand. Kharawala has added more than 1000 new direct customers over…
Making Sense of the Regulatory Framework of the PE-VC Industry in India
The PE-VC industry in India underwent tremendous growth in the last two decades. The Government of India is introducing several measures to proactively address the inherent risks due to increasing size and support the growth of the industry. However, what will the impact of these regulations be in a private market where investors believe that the industry should remain unregulated? Recently, we worked on a project titled “Understanding the Regulatory Framework for Private Investment Instruments” inspired by the news article (Tiwari, 2023) about SEBI proposing a standard valuation procedure in…
IIMB interviews co-authors of ‘Found Again: Real Stories of Women, Work & Flexibility’
The book tells stories of 20 women who have found their way back to professional fulfilment, creating their own unique career paths aligned to their life needs Interview features co-authors Shreya Prakash, Deepa Narayanaswamy and Rashmi Rammohan, alumni of the PGP 2008 batch and co-founders of FlexiBees 1.What was the reason behind choosing the title ‘Found Again’ and what motivated you to compile the narratives of these 20 women? Most of us know that women’s workforce participation in India is at an all-time low currently, at 23%. To put it…
IS IT TIME TO RE-VISIT INDIA’S EXCHANGE RATE POLICY? By Ram Iyer
I remember visiting India in July 2014 after a five-year hiatus and paying Rs. 250 for a haircut in a Mumbai suburb. In January 2023, I visited the locality again and a haircut cost me the same Rs. 250. I am reasonably certain that the barber didn’t charge pro-rata to account for my much-receded hairline over the last decade. This observation could be termed anecdotal. The below snip shot from the app Urban Clap has haircuts prices at about Rs 250 as well. Why have haircut prices not increased in…
Terracotta by Sachii: Crafting sustainable yet contemporary lifestyle products
Terracotta by Sachii is a designed and curated collection of contemporary lifestyle products in traditional terracotta, from heritage pottery clusters of India. According to the Founder Sachii Tripathii, the brand was born in September 2020 with a vision to bring indigenous pottery crafts into the mainstream and help customers live healthy, sustainable and environment-friendly lives, while also helping the artisans sustain themselves as well as helping preserve an integral part of India’s cultural heritage. Says Sachii, “I blend my design skills with handcraft skills of the artisans to co-create contemporary…
From Climate crisis to health- this World Health Day, there is a need to tackle this through a holistic lens
‘This year’s World Health Day will shine on nurses and midwives, the on-the-call, relentless workforce that revolutionized the healthcare industry as we know it today,’ says the World Health Organization (WHO). The International Confederation of Midwives, an association with 108 member associations in 98 countries, projects a global shortage of 900,000 midwives and those in the sector continue to face discrimination, poor working environments and unequal pay. They are left out of health leadership. “Midwives need an enabling environment. Strategic litigation for better salaries is the need of hour,” says…
The High and Lows of Indian business: Four stories unravelled G. Sabarinathan shares his takeaways from Nandini Vijayaraghavan’s recent book, ‘Unfinished Business’
I first heard about Nandini Vijayaraghavan a couple of years ago, when a friend of mine forwarded a short review of her translation of Shri Krishnamoorthy’s Tamil classic, Sivakamiyin Sabadam (Sivakami’s Vow). Tamilians of my generation, and that of my parents, grew up waiting for serialized version of this and his other novels in the Tamil weekly, Kalki. You can get a glimpse of Shri Krishnamoorthy’s life and work at https://www.thehindu.com/books/how-kalki-penned-ponniyin-selvan-dipping-into-archival-books-in-an-old-steel-trunk/article65949508.ece and https://www.thehindu.com/books/kalki-krishnamurthy-his-life-and-times-more-than-just-a-biography/article65296015.ece Unfinished Business is no work of fiction, although as Vijayaraghavan notes in the book, quoting Aldous Huxley,…
IIMB & SWAYAM: A fruitful five-year association
SWAYAM is the digital learning platform launched by the Govt of India. The platform hosts many courses on several subjects from several universities across India. This effort aims to make available the best teaching and learning resources to the remotest area free of cost with the help of this platform. IIMB is one of the nine national coordinators of SWAYAM and has offered more than 50 courses on this platform since 2017. Universities and institutions, across India, send their proposals to IIMBx, the digital learning vertical of IIMB, and the…