Preety Agrawal’s Post

“The Jain brothers are preparing for the next IPO” CarDekho Group, established in 2008 by Amit Jain, Anurag Jain, and Umang Kumar, epitomises the evolution of the car-buying journey into the digital age. As a leading car search venture headquartered in Jaipur, Rajasthan, CarDekho has revolutionised the way consumers interact with the automotive industry. Under the umbrella of GirnarSoft, CarDekho not only enriches users with comprehensive automotive content but also integrates user-friendly technology to enhance the car buying and ownership experience. This platform facilitates an informed buying decision by providing detailed specifications, pricing, and an extensive collection of images and videos covering various car brands and models available in the Indian market. The automotive sector in India is a significant part of the global market, with the country being the fourth-largest car producer worldwide. Anticipated to reach a market size of USD 160 billion by 2027, the industry's growth is backed by low production costs and a vast supply of raw materials. As CarDekho continues to expand its footprint, not only in India but also internationally, the founders are steering the company towards an IPO, marking a new chapter in its journey. Their vision for CarDekho as a comprehensive, user-centric platform makes it an indispensable part of the modern automotive buying experience, significantly simplifying and personalising the process for users everywhere. Read More : Thekarostartup.com #startupstories #successstories #carselling #vision #innovation Cloud Hosting from just ₹50: Verpex Hosting https://lnkd.in/ghXuQpJ6 65f6ea755b0de

Fahadh Faasil is making waves in Indian cinema with his stellar performances. Did you know he's quite selective with his brand endorsements? Estilocus is one of them. Recently, I met Ladeesh PC, co-founder of Estilocus, a brand focusing on affordable-quality men's clothing. I listened to his story of leaving a high-paying job at Havells India Ltd to become an entrepreneur. He started the brand 4 years ago. Now, it has a solid presence in offline and online channels across India. We discussed the performance of the meta ads in recent times, RTO, and how to build a good team. I think founders should have a small community to discuss our wins, losses, and problems. It helps them get different perspectives. I wish Team Estilocus the same huge success as Fahadh Faasil's movies. Which is your favorite movie by Fahad? #estilocus #corporategifts

Hear it from the one who seized the funding from Shark Tank! In this step of nurturing creativity and innovation, we are with Kalakaram! Chaitanya Malhotra, the Co-Founder and CEO, acknowledges the 4+ successful years with Unicommerce. The master of the DIY niche, Kalakaram is not just crafting projects. They are crafting a future- one artistic adventure at a time. This journey of seamless expression requires a seamless workflow. Unicommerce creates an organized palette for Kalakaram so that no artist is away from expressing. “ To have the entire inventory in one place is the biggest boon and advantage,” says Chaitanya. We are thrilled to share this fantastic collaboration. Kalakaram India Pvt.Ltd. #Unicommerce #ecommerce #ecommercemarketing #testimonial #ecommercegrowth

#Pitambari The most Shining brand of India Recently, I was fortunate to meet Parikshit Prabhudesai Vice Chairman of a most loved brand Pitambari Products Pvt Ltd. This company is making waves in the market since 1988, serving over 5 million customers. Taking a family business to the next level is really a great challenge. Here’s how this brand is doing it: 1️⃣ Taking Innovation to next level: Pitambari's commitment to innovation is truly inspiring. They're not afraid to explore new ideas and technologies to stay ahead of the game. 2️⃣ Strong Values, Stronger Growth: Despite their success, Pitambari stays grounded in their core values. Their dedication to quality, authenticity, and customer satisfaction is unwavering. 3️⃣ Empowering People: At the heart of Pitambari's success is their people-first approach. They invest in their employees, empowering them to thrive and contribute to the company's growth. 4️⃣ Community Connection: Pitambari goes beyond business, actively engaging with the community and giving back in meaningful ways. Their commitment to social responsibility sets a shining example for others. It was truly inspiring to hear about Pitambari's journey and their vision for the future! Many thanks for Nilesh Lele and Chamber for Advancement of Small & Medium Businesses for the networking opportunity at FMCG Business Conclave. 🎉 #Pitambari #FamilyBusiness #Innovation #CommunityImpact

As we step into the future, we're thrilled to share the vision that propels us forward, driving every innovation, collaboration, and effort within AKRIBIZ GROUP. 🌐   🔭 Our Vision: TO BE A LEADER IN DISTRIBUTION OF STATIONERY AND HOUSEKEEPING CONSUMABLES IN INDIA AND BEYOND.   💡 What Does This Vision Mean? At AKRIBIZ, our vision is more than a statement; it's a roadmap for the future, outlining our aspirations, commitments, and the impact we aim to make: ·        EXCELLENCE IN DISTRIBUTION ·        MARKET LEADERSHIP ·        GLOBAL REACH ·        CUSTOMER-CENTRIC APPROACH   🚀 Join Us on This Journey: We invite each member of the AKRIBIZ and INPACS family – employees, clients, partners, and well-wishers – to embark on this exciting journey with us. Your support, feedback, and collaboration are crucial as we strive to turn this vision into a reality   🌍 How You Can Contribute: Your ideas, passion, and dedication are integral to achieving our vision. Share your thoughts, collaborate with us, and let's collectively shape a future that aligns with our shared aspirations. Together, let's turn dreams into achievements and make a lasting impact! #Akribizsphere #visionaryLeadership #DistributionExcellence #Inpacs #GlobalImpact #FutureLeadership  #VisionStatement #Collaboration

Hey everyone! Have you heard about the amazing startup that caught everyone's attention on Shark Tank India Season 3? Let me introduce you to Nasher Miles - a Mumbai-based company revolutionizing the luggage industry with their stylish and trendy bags! All Sharks were impressed with their marketing strategy and sales. Nasher Miles is not your ordinary luggage brand. They're all about blending fashion and functionality, offering a wide range of bags in over 100 different colors! Whether you're into hard side bags, soft side bags, backpacks, or any travel accessories with affordability and durability, Nasher Miles has got you covered. What's really cool about Nasher Miles is that each of their collections is inspired by different travel destinations. Their flagship collection, for instance, draws its inspiration from the vibrant cities of Istanbul and Paris, bringing a touch of wanderlust to your travels. The cricket sensation, Rishabh Pant is the Brand Ambassador of Nasher Miles. And guess what? Nasher Miles caught the attention of the Sharks on Shark Tank India-3, walking away with a mind-blowing valuation of Rs 200 crore! The founders, Abhishek Daga , Lokesh Daga, and Shruti Kedia Daga, sought Rs 3 crore for a 0.75% equity stake with a valuation of 400 Crore in their innovative venture. After extensive negotiation, all Sharks - Aman Gupta, Namita Thapar, Vineeta Singh, Anupam Mittal, and Ritesh Agarwal came together with a final offer. They offered Rs 3 crore in exchange for a 1.5% equity stake and a 1% royalty until Rs 3 crore is recouped. This deal not only showcases the brand's potential but also the acknowledgement it has received in the market. #nashermiles #abhishekdaga #shrutidaga #lokeshdaga #rishabhpant #sharks #sharktankindia #amangupta #anupammittal #vineetasingh #namitathapar #riteshagrawal

I recently met a senior team member at Chumbak Design Pvt. Ltd., and it made me think deeper about the company's impressive turnaround. Here's why every company should learn strategic selling from them! Vivek Prabhakar and Shubhra Chadda transformed Chumbak from a souvenir seller in 2009 to one of India's best indie lifestyle brands. Their journey is a masterclass in adaptability and strategic decision-making. Let's look at their rollercoaster ride: ➡️ Initial growth: Net sales rose 20.6% to Rs 41 crore in 2016-17. ➡️ Pandemic hit: Revenue fell from Rs 88 crore in 2020 to Rs 66 crore in 2022. ➡️ Strategic pivot: In FY23, revenue jumped 8% to Rs 71.13 crore! Inspite of reducing number of stores. The turnaround is impressive, but what's even more noteworthy is how they achieved it: 1️⃣ Cost optimization: They slashed overall expenditure by 23% to Rs 77.7 crore in FY23, down from Rs 100.8 crore the previous year. Stores, especially in malls were re-evaluated and many were closed. 2️⃣ Focus on core operations: Despite a 10% drop, operations still contributed a solid Rs 58 crore in FY23. 3️⃣ Strategic partnership: In early 2023, e-commerce roll-up firm GOAT Brand Labs acquired Chumbak, setting an ambitious goal of Rs 500 crore in revenue by 2025! 4️⃣ Omnichannel approach: With over 50 stores across 20 cities and a strong online presence, they're maximising reach. 5️⃣ Diverse product range: From home décor to fashion and personal care, they've expanded strategically. The results speak for themselves: - Losses shrank by 81% to Rs 6.5 crore in FY23. - EBITDA margin improved to -5.18%. - ROCE strengthened to -25.11%. Chumbak's journey teaches us the power of strategic pivots, cost management, and leveraging partnerships for growth. They've set their sights on global expansion, and with their track record of resilience, I wouldn't bet against them! What's your favourite Chumbak product? #ChumbakSuccess #StrategicGrowth #StartupResilience

Attention Ekart Logistics ! ♀️♂️ Hub Owners Need Transparency Hi eKart! We're reaching out on behalf of the many dedicated Last-Mile Delivery Hub owners across India. As your partners in ensuring efficient deliveries, we're eager to better understand your rate card structure for our services. Currently, access to this information seems limited, leaving many hubs feeling unsure about their earnings and unable to effectively plan their operations. Therefore, we humbly request: Can you please publicly share your current rate card for Last-Mile Delivery Hubs? By making this information transparent, you'll be empowering your hub partners with: * Increased clarity: We'll have a clear understanding of our earning potential, leading to better financial planning and investment decisions. *Improved trust and collaboration: Open communication strengthens our partnership and fosters a more trusting environment. *Enhanced efficiency: With clear rates, we can optimize operations and allocate resources more effectively, ultimately contributing to faster and smoother deliveries. We believe that sharing this information will ultimately benefit both eKart and its dedicated Last-Mile Delivery Hub network. Please consider our request and let us know how we can move forward together! #eKartHubPartners #TransparencyMatters #FairRates #EmpoweringHubs P.S- Please share this post to amplify our voice! Your support could make a big difference.

🚴♂️ eBikeGo® is leading the charge in the electric mobility revolution! With a fleet of over 3,000 e-bikes, eBikeGo is transforming urban transportation by serving major names like Zomato and Swiggy for last-mile delivery needs in metropolitan areas. 🌍 🔮 Expanding Horizons 🔮 Looking ahead, eBikeGo has ambitious plans to scale its fleet to over 100,000 electric two-wheelers by FY26. This expansion aligns perfectly with the booming last-mile delivery and e-commerce sectors, which are witnessing a robust 6.4% growth rate as of early 2024. 📈 eBikeGo's strategy to penetrate Tier I and Tier II cities underscores its commitment to bringing eco-friendly mobility solutions to a broader audience. 🌱 📊 Seizing Market Opportunities 📊 The hyperlocal delivery segment is expected to grow at a CAGR of approximately 16.14% from 2024 to 2029, presenting a significant market opportunity for eBikeGo. 🚀 🌟 Vision for a Sustainable Future 🌟 Founded with a vision to enable smooth transitions towards sustainable transportation, eBikeGo combines innovation with practicality, offering fully insured, registered, and well-maintained vehicles on demand. As eBikeGo continues to redefine urban mobility, it remains dedicated to a greener, cleaner future for transportation across India. 🌿 #eBikeGo #ElectricMobility #SustainableTransportation #GreenRevolution #LastMileDelivery #Ecommerce #UrbanMobility #EcoFriendly #Innovation #Growth #Sustainability #TierICities #TierIICities #HyperlocalDelivery #CleanEnergy #FutureOfTransport

Emami Ltd's acquisition of The Man Company marks a significant strategic move in the growing men's grooming market in India. By acquiring the remaining 49.6% stake for ₹177.63 crore, Emami will now fully own Helios Lifestyle Pvt Limited, the parent company of The Man Company. This move not only solidifies Emami Ltd's presence in the digital-first premium male grooming segment but also aligns with its broader strategy of leveraging new-age startups to tap into online opportunities. Founded in 2015, The Man Company has quickly positioned itself as a key player in the men's grooming sector, competing with brands like Bombay Shaving Company, USTRAA : Grooming For Men, and Beardo. With its extensive product range and a growing turnover that reached ₹183 crore in FY24, The Man Company is poised for further expansion under Emami's stewardship. Emami Ltd's initial investment in 2017 and its subsequent increase in stake reflect its commitment to nurturing and growing the brand. This acquisition is part of Emami Ltd's broader strategy to explore opportunities that complement its existing portfolio, which includes well-known brands like Boroplus, Zandu, and Navratna. With the completion of this deal, expected within three months, Emami is well-positioned to continue its growth in the digital and premium segments of the FMCG market. #Emami #TheManCompany #Acquisition #D2C #MensGrooming #FMCG #BusinessStrategy #DigitalGrowth Vandana Tolani