Pictures for representation only

The valuation of unicorns – A Finance 101 interpretation1

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…

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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…

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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…

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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…

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Figure 1: (left) Screen grab from Urban Clap app showing haircut prices, (centre) Sugarcane juice at Rs 20 in Bannerghatta Park, (right) Sugarcane juice at Rs 30 in Bellandur, Bengaluru Urban

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…

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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…

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STEMonsters: Making science appealing to kids

STEMonsters is a learning ecosystem for school children, aiming to build, in them, a strong foundation in STEM concepts through interdisciplinary, application-focused programs. According to the founder, Dr. Sonali Dasgupta, the programs help develop a problem-solving mindset while instilling confidence in children to explore the unknown and keeping them engaged and curious. Dr. Sonali Dasgupta adds, “We offer weekly, after-school science and technology learning programs for children (pan-Asia), in the age group of eight to 14 years, wherein they learn by experimenting and building on their own, right from their…

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The roadmap to boost brand value: Copylove

Founded in 2015, Copylove is a boutique copywriting and strategic content solutions studio that offers branding, copywriting and strategic content solutions to corporate enterprises, brands, businesses and entrepreneurs.  The Founder Gunjan Pai says that they specialize in creating a wide variety of niche brand work including naming, taglines, positioning, short-form content such as social media, and long-form pieces such as whitepapers, publications, etc. She adds, “We are a lean-principled firm with a collaborative DNA. Our all-women team works remotely from Mumbai, Delhi, Bangalore and Goa. The team makes high-quality, persuasive…

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The audience at Pragnya 2023, on 2nd March 2023.

Packed house for Last Lecture 2023 Three faculty members, invited to address the soon-to-graduate PGP & PGPBA Class at IIMB at ‘Pragnya’, impart wisdom crowned with wit

Professor Chetan Subramanian, Professor of Economics and Dean Faculty, had some life lessons to share with the PGP and PGPBA Class of 2023 a few weeks before their graduation: Network and build strong relationships with your peers, remain polite in all your interactions – professional and personal, choose your travelling companion on life’s journey wisely and well, and enjoy the glorious uncertainty and unpredictability of life. Opening his address at the ‘Last Lecture’ for the Class of 2023, on a beautiful evening at the Open-Air Theatre, tongue-firmly-in-cheek he asked: “What…

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Image Consultancy through workshops and one-on-one sessions: The White Lily Training Services

The White Lily Training Services, incubated at NSRCEL, aims to help people project a powerful positive image and first impression, by conducting life skill and soft skill workshops and providing one-on-one consultations.  The Founder, Meenakshi Gupta says, “The White Lily Training Services was amongst the Top 100 start-ups in the WSP 3.0. Our main objective is to transform people through impactful courses on body language, appearance management, public speaking skills, positive attitude, creating professional wardrobe, personality development, etiquette, and communication. We also provide a complete package of Image Consultancy. These…

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