The second round of funding for the group, Consim 
Info, came from Mayfield Fund, (along with the existing investors) for a whopping $1,175 million. Whenever a company gets these kinds of funding it gives it a great boost. With capital at your disposal you can go out and grab each opportunity that awaits you, as money is no longer an issue to ponder about. Also your credibility in the marketplace increases as you have prestigious names that are backing you and your business ventures. All this helps in attracting good talent towards the organisation, as great minds would work with vigour when they know that their monetary needs would be well met by the organisation in both the short & the long run. More money in your hand also helps you to grow faster than the market.
Apart from all these, the fundings from these Venture Capitalists (VCs) have also helped the group in streamlining the business and putting proper processes in place. We also got more professional guidance and now are strengthening our top management further, through the support of our investors. We have been enjoying these fundings for a couple of years now and as one knows the average span of any VC is normally 3-5 years, so we have a couple of more years to enjoy these liberties and make our systems stronger before we are ready to test the markets through our IPO.
Info, came from Mayfield Fund, (along with the existing investors) for a whopping $1,175 million. Whenever a company gets these kinds of funding it gives it a great boost. With capital at your disposal you can go out and grab each opportunity that awaits you, as money is no longer an issue to ponder about. Also your credibility in the marketplace increases as you have prestigious names that are backing you and your business ventures. All this helps in attracting good talent towards the organisation, as great minds would work with vigour when they know that their monetary needs would be well met by the organisation in both the short & the long run. More money in your hand also helps you to grow faster than the market.Apart from all these, the fundings from these Venture Capitalists (VCs) have also helped the group in streamlining the business and putting proper processes in place. We also got more professional guidance and now are strengthening our top management further, through the support of our investors. We have been enjoying these fundings for a couple of years now and as one knows the average span of any VC is normally 3-5 years, so we have a couple of more years to enjoy these liberties and make our systems stronger before we are ready to test the markets through our IPO.
into the company and by the time the Private Equity (PE) firm exited Bharti Tele-ventures, it had mopped up a staggering $1.3 billion. Overnight this deal thumb tacked India as a Mecca for global PE investments. Not that PE players did not operate in India before this, but Warbug’s bulging back pocket at the time of exit did take the lid off India as a hot PE destination. If the proof of the pudding is in the eating, merely glance at how the value of PE deals skyrocketed between 2005 and 2007. From $2,183 million in 2005, total value of deals jumped to a staggering $17.4 billion in 2007 (see table), an increase of a jaw dropping 744%.
the Munjal Group has been of great advantage for HMIL, which tries to constantly innovate its functions to suit its clients. Unlike any other MNC, they prefer to work as one big family. And like any other Indian family, HMIL too stands for strong values. According to George, “Values help in making the environment friendly and infuses feelings of unity amongst the employees.” Coupled with this, is the transparency within the organisation, whereby each employee knows what is going on in the organisation. Apart from the customary celebrations during birthdays & anniversaries, there is a party at the end of each month to acknowledge the achievements of the employees. “We clap as a team when a good job is done.” Team claps are a good way to motivate the employees as everybody gathers in what the company calls the ‘Bay’ (refers to a common place in the office) and everyone claps for any and every job that is well done.
promotion campaigns… doesn’t it sound a tad too clichéd? Moving out of run-of-the-mill advertising and creating a new wave in the media space is a concept called viral marketing. And one of the pioneers in spreading this virus in India is a chatpati agency – Webchutney. Founded in 1999 by two ex-Grey Worldwide employees – Siddharth Rao (CEO) & Sudesh Samaria (Chairman cum NCD), Webchutney is a typical full service interactive agency, just that they operate in the online space.
The way of life he proposes is unique & well-researched, as he is well-versed in Sanskrit, Ayurveda & Vedic philosophy. A strong proponent of Indian cultural values; his practical approach to Yoga & research in the field of Ayurveda has won him thousands of followers throughout India. He has used his philosophy as an effective marketing tool. His ability to communicate his philosophy on mass media is directed at thousands of people afflicted with physical or mental problems, with the promise of curing them and giving them a better quality of life.
passionately and fashionably. We have done exactly what other players do, but we have packaged it in a different manner and that has helped us to create a total differentiating image for Kingfisher Airlines. All passengers are our guests and we do the packaging keeping them in mind. The total experience is so unique that we offer a great and memorable service while travelling. Such good packaging always has the challenge of pricing. But then if you see, in spite of such high value added services our prices are reasonable. Our packaging indeed plays an important role in a service industry like airlines.
ntinent we all out to cheer the customer, to give him more at his doorstep... merely pampering the Indian customer you can say. And just as any human would, customers having been treated well (or more) as more than just guests, the feeling of ‘Consumer is King’ sunk into their heads. And now that the masses have got used to it, the companies are hell-bent on ripping-off that sentiment – first the cake and then cracking the very plate on the customer’s head! Yes, you just got the touch of it – tales of goons threatening customers who’ve defaulted on loans even for one time period, experiences of roughnecks physically assaulting debtors... Times indeed are in for a change. But wait! Didn’t we hear of ‘change always being for the better’?!
twice a big name than Infosys, if one were to believe the number of searches generated by the mighty Google! The difference might be huge in terms of searches, but TCS and Wipro search for only one thing these days. Midsized acquisition is what Tata Consultancy Services is looking to acquire expertise in, which they don’t have. “We have to acquire capabilities we don’t have. That’s our strategy,” says S. Padmanabhan, Head, Global Human Resources, TCS. “Seventy percent of the acquisitions fail to deliver value, so you have to be absolutely sure of what you are doing,” he added.
Deccan. Nah! It’s not another Banglore-based airline, simply the new look avtaar of Capt. G. R. Gopinath’s low cost carrier, Air Deccan. Gone are the staid yellow and blue colours of the ‘aam aadmi ka carrier’, instead with the UB Group baron Vijay Mallya now on the pilot’s seat (in May this year Mallya acquired a 26% stake in Air Deccan and followed it up with buying another 20% shares in an open offer), the proud and colourful Kingfisher now adorns Air Deccan’s fleet of aircrafts.