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Tag: Kishore Biyani

  • Nikhil Kamath unveils the first cohort of innovators under 25

    Nikhil Kamath unveils the first cohort of innovators under 25

    Mumbai: In a remarkable display of support for India’s entrepreneurial spirit, some of the country’s most influential figures, including Jeet Adani, Ananya Birla, Nithin Kamath, Jay Kotak,  Shashwat Goenka, and Kishore Biyani, among many others, gathered in Mumbai to celebrate the launch of WTFund, India’s first non-equity grant fund. This exclusive summit, held on the 4 September, marked a significant moment in India’s startup ecosystem, spotlighting the next generation of innovators poised to drive the country’s future.

    Nikhil Kamath unveils the first cohort of WTFund grantees

    During the summit, Nikhil Kamath announced the inaugural cohort of WTFund grantees. The fund, designed to empower entrepreneurs under 25, has selected fifteen exceptional individuals whose groundbreaking ideas are set to transform industries ranging from healthcare to AI, and sustainable consumer goods.

    Empowering the next generation

    Addressing the gathering, Nikhil Kamath stated, “Entrepreneurs are ageless; you can build the next big thing whether you are 25 or 80. But, let’s face it—the energy, drive, and sheer audacity often come easier when you’re young. We’re deeply passionate about fostering this spirit in India’s youth under 25. We went looking for the smartest, coolest kids who are daring to start something big, and we found our 15. But this is just the beginning. From our dream of funding 9 companies today to aiding 9,000 young companies one day, we’re committed to building an India that isn’t afraid to take risks and step outside our comfort zones. The next decade belongs to India, and it will be driven by those who choose to build their own dreams rather than helping someone else realize theirs. Feel like you aren’t doing enough? Screw the regular job. Start something. All the resources you need are within your reach.”

    The first fifteen innovators

    The inaugural WTFund grantees represent a diverse array of industries, from early detection of gastrointestinal cancer to sustainable pet food. The selected startups include:

    1    Pamawel: Plant-based, non-steroidal, FDA-approved pain relief formulations targeting menstrual pain.

    2    Mars: Virtual Workstations that eliminate hardware limitations, providing affordable solutions for creators and builders in AI and no-code spaces.

    3    Oh! Nuts: Premium, healthy nut-based snacks tailored for the growing Indian consumer market.

    4    Pawsible Foods: Sustainable, plant-based pet food utilizing Kavaka™ mycoprotein.

    5    RNT Health Insights: AI-assisted diagnostic software for gastrointestinal cancer detection.

    6    Biocompute: Affordable DNA data storage chips, revolutionizing data centre efficiency.

    7    CallPrep: AI-based B2B SaaS for sales preparation, integrating LinkedIn, CRM, and buyer intent data.

    8    Urban Animal: India’s first dog DNA testing service, redefining pet care.

    9    Pixa AI: AI-enhanced plush companions, merging the toy and AI companionship markets.

    Support beyond funding

    WTFund offers up to Rs 20 Lakh in non-equity grants, allowing founders to retain full ownership of their ventures. In addition to financial support, grantees gain access to mentorship from industry leaders, legal and accounting assistance, and strategic partnerships with top companies. These resources are designed to equip young entrepreneurs with the tools and connections they need to scale their businesses and make a lasting impact on their respective industries.

  • Big Bazaar’s ‘Asli Dukaan’ locks horns with Amazon’s ‘Apni Dukaan’

    Big Bazaar’s ‘Asli Dukaan’ locks horns with Amazon’s ‘Apni Dukaan’

    MUMBAI: Big Bazaar has crossed swords with Amazon India by taking a dig at the e-commerce giant’s flagship campaign India ki Apni Dukaan (India’s own shop). The Future Group-owned chain of hypermarkets on Thursday released full front page ads in major newspapers across cities calling itself India’s Asli Dukaan (real/ original store). The ad promises to make deliveries of grocery to customers’ doorsteps in under two hours.

    Apart from the Asli Dukaan moniker, it has played on the word ‘Amazing’ by using terms such as “amazing” service, deals, and products at “amazing” prices. The harping on the word “amazing” is hard to miss! The south India editions of leading print publications had a largely English tagline with only Asli in Hindi, and dukaan changed to ‘store’.

    Amazon has been running an advertising campaign since 2016 with the tagline ‘India ki Apni Dukaan’(India’s own shop), and it is no coincidence that the superstore chain led by Kishore Biyani is now marketing itself as ‘India ki Asli Dukaan’.

    The brick-and-mortar superstore chain Big Bazaar has been entangled in a fierce legal battle with Jeff Bezos’ Amazon for its deal with Reliance Retail. RIL had announced in August last year that it was buying out the retail and wholesale business of Future Group, but Amazon — with a minority stake in an unlisted Future Group company — subsequently dragged the Mumbai-headquartered retailer to court, alleging that the proposed deal violated contractual agreements. The case is currently sub-judice.

    Meanwhile, the debt-laden Future Group is looking at ways to put its assets to better use. Big Bazaar has launched a marketing blitzkrieg taking a dig at the US e-tailer and is ramping up its two-hour home delivery across India to get more customer orders amid the pandemic that has largely confined people to their homes restricting outdoor movement. The company has tied up with hyperlocal delivery companies with employees at their stores doubling up as delivery executives, to drive its Store2Door program and double its online business in the span of a month.

  • Reliance finally acquires Kishore Biyani’s Future retail group

    Reliance finally acquires Kishore Biyani’s Future retail group

    MUMBAI: Mukesh Ambani, Asia’s richest man, can add another sobriquet to his name: that of India’s undisputed – means undisputed –  Retail King. Today, his Reliance  group announced that it was acquiring the retailing empire of Kishore Biyani, who earlier bore the retail king title, in a transaction valued at Rs 24,173 crore. This ends months of speculation and reportage in the Indian media that the two were in talks.

    The vehicle for the acquisition: Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd (RIL).  The deal covers the the retail, wholesale, logistics and warehousing businesses from the Future group. The latter is merging certain companies carrying on the above mentioned business into Future Enterprises Ltd (FEL).

    As a part of the same scheme, the  retail and wholesale undertaking is being transferred to Reliance Retail and Fashion Lifestyle Ltd (RRFLL), a wholly-owned subsidiary of RRVL; the logistics and warehousing undertaking is being transferred to RRVL; and RRFLL also proposes to invest Rs 1,200 crore in the preferential issue of equity shares of FEL to acquire 6.09 percent of post-merger equity; and Rs 400 crore in a preferential issue of equity warrants which, upon conversion and payment of balance 75 per cent of the issue price, will result in RRFLL acquiring a further 7.05 per cent of FEL.

    The Future Group has some well-established  retail formats, including supermarket chain Big Bazaar, upmarket food stores Foodhall, and bargain clothing chain Brand Factory.

    "With this transaction, we are pleased to provide a home to the renowned formats and brands of Future Group as well as preserve its business ecosystem, which have played an important role in the evolution of modern retail in India,” RRVL director Isha Ambani said.  “We hope to continue the growth momentum of the retail industry with our unique model of active collaboration with small merchants and kiranas as well as large consumer brands. We are committed to continue providing value to our consumers across the country."

    Biyani had built up a huge pile of debt at the Future group to fund his expansion plans, but the Covid2019 pandemic put paid to his ability to service it.

  • Viewers to decide CNBC-TV18’s top business icons

    Viewers to decide CNBC-TV18’s top business icons

    MUMBAI: Choosing an icon is never an easy task especially in a country like India where many have strived and done their bit to make the country proud.

     

    Economic growth being utmost importance; over the last decades, India has witnessed a flurry of business thinkers turn into history makers, reinventing its economic growth. To salute them, CNBC-TV18, which is celebrating its 15 years, has launched an initiative called Indian Business Icons.

     

    The endeavour is to form a league of the most powerful business icons that the people of the country think have had a monumental impact, not only on their lives, but also on the Indian economy.

     

    The channel has unveiled the list of the top 30 business icons, arrived at by a robust editorial process. The list includes leaders such as Ratan Tata, Anand Mahindra, Kishore Biyani, Deep Kalra and Kiran Majumdar Shaw amongst others.

     

    Asked upon how were the icons shortlisted, a channel spokesperson highlighted, “These names were shortlisted after an extensive process of going through leaders who have impacted Indian economy in the past 15 years. An eminent jury was drawn up that consisted of the top editorial faces at CNBC-TV18 such as Shereen Bhan (managing editor) and Senthil Chengalvarayan (editor in chief) amongst others.”

     

    The initiative will let people have the power to vote for their own business icon, someone who has significantly changed lives, in the past decade and a half via missed calls, Facebook, Twitter and website voting.

     

    The final list of the chosen 15 business icons will be selected on the basis of public voting, which will be audited by independent auditor Grant Thornton.

     

    “We wanted the final list of 15 to be as close to the real truth as possible and decided that the final decision should lie with those who matter – the people of India. Each of these great men have not only impacted the economy at large but have also touched the lives of Indians in many ways. CNBC-TV18, for the first time in India, provided a platform for the public to decide, which leader according to them deserved to make the cut,” added the spokesperson.

     

    To highlight these icons, the channel has created especially packaged short films (two to three minutes) on each of the nominations. These short films have been running on the channel for some time now. Each film looks at the key high points of the nominee’s contribution to the Indian economy in the past 15 years, hence, the reason for their nomination. “It allows our viewers to make a rational decision while voting. Apart from this, our top anchors discuss the dynamic voting results almost on a daily basis as it throws up interesting rankings,” added the spokesperson.

     

    Additionally, an extensive on-air as well as off-air (digital, radio, print and social media) promotional campaign has been designed for the same.

  • Q2-2015: Reliance Retail juggernaut grows 20 per cent y-o-y

    Q2-2015: Reliance Retail juggernaut grows 20 per cent y-o-y

    BENGALURU:  The Mukesh Ambani led Reliance Industries Limited (RIL) announced its Q2-2015 results on 13 October reporting a y-o-y  de-growth of 4.3 per cent in consolidated turnover to Rs 1,13,396 crore in Q2-2015 from Rs 1,18,439 crore in Q2-2014, and a growth of 5.1 per cent versus the immediate trailing quarter Q1-2015 turnover of Rs 1,07,905 crore. During HY-2015, the company’s revenue grew just 1 per cent to Rs 2,21,301 crore from Rs 2,19,054 crore in HY-2014.
     
    The company’s organised retail segment contribution to RIL’s turnover grew from 2.93 per cent (Rs 3470 crore) in Q2-2014 to 3.67 per cent (Rs 4167 crore) in Q2-2015, registering a 20.1 per cent growth y-o-y. In Q1-2015, RIL’s retail segment contributed 3.71 per cent (Rs 3999 crore) to the company’s turnover registering a 4.1 per cent growth q-o-q.  In FY-2014, the segment had reported revenue of Rs 14,566 crore or 2.69 per cent of RIL’s turnover of Rs 5,41,599 crore. A Reliance earnings release for Q2-2014 says reports EBDIT figures for its retail segment at Rs 186 crore, recording a y-o-y EBDIT growth of 96 per cent.

    This quarter, the company’s overall operational outlet count crossed 2000 with a presence in 155 cities of the country.  Some of the store formats under Reliance Retail Brands include Reliance Retail, Reliance Market, Reliance Fresh, Reliance Digital, Reliance Trends, Reliance Footprint and Reliance Jewels.

     

    In the overall context of RIL numbers, its retail segment figures may seem small, but how many companies can boast of annual revenues of about Rs 15,000 crore plus, that the segment must cross this fiscal? Not too many.

     

    According to an Economic Times report, in comparison, Tata group’s retail divisions, including Titan, Croma, Trent and Landmark, had revenue of about Rs 17,000 crore. Kishore Biyani’s Future Retail had revenue of Rs 11,336 crore in fiscal 2014.

     

    India’s retail industry has been pegged at a quarter of India’s gross domestic product (GDP) about $525 million or Rs 31.5 lakh crore and is expected to double over the next five years leading to 2020. There is more than enough scope for the company’s organised retail segment to grow and contribute in a big way to RIL’s numbers over the next few years.

     

     

    Click here for the financial statement

     

  • Future group inks pact with Amazon India

    Future group inks pact with Amazon India

    MUMBAI: Future Group has entered into a strategic partnership with the online retail giant Amazon India under which the e-tailer will sell the retail group’s products online.

     

    The deal will leverage the product knowledge, brand portfolio and sourcing base of the Future Group, and the e-commerce platform, customer base and reach of Amazon.in.  The deal comes soon after Amazon CEO Jeff Bezos visit to India during which he met Future Group group CEO Kishore Biyani.

    Talking about the collaboration Biyani comments, “The bottom line in each of our retail success stories is ‘know your customer’. Insights into the soul of Indian consumers – how they operate, think, dream and live – helps us innovate and create functionally differentiating products and experiences. Partnership with Amazon, which obsesses to be earth’s most customer centric company, will enable us to leverage their strengths, investments and innovations in technology to reach out to wider set of consumers across India.”

    According to the joint statement issued by the companies, the partnership will initially focus on the Future’s Group fashion brands and will subsequently cover all other categories. The company’s current portfolio has over 40 brands and around 10,000 unique styles that will be exclusively retailed online through Amazon.in platform. Once operational, customers on Amazon.in platform can buy Future Group’s fashion brands Lee Cooper, Converse, Indigo Nation, Scullers or Jealous21, among others.

    Moreover, Amazon India will also assist Future Group in accelerating new product development in categories that are currently not served by traditional retailers.  

    Commenting on the latest alliance in the e-commerce space, Trust Research Advisory (TRA) CEO N Chandramouli reckons, “Today the e-commerce space is no longer limited by geographic boundaries in a sense as fixed as it used to be a few years ago. With its current offering Amazon already caters to a massive Indian.

    “Future group which has been a leading retailer in the country understands the soul of Indian consumers. As one of India’s retail pioneers with multiple retail formats, they connect a diverse and passionate community of Indian buyers, sellers and businesses. The collective impact on business is staggering: Around 300 million customers walk into Future group stores each year and choose products and services supplied by over 30,000 small, medium and large entrepreneurs and manufacturers from across India, so with the Amazon tie up, this number is set to grow and venture into the on line spectrum,” he adds.

    Partnership between the two organisations will bring together the best of consumer insight from the online and offline world and create the omni channel approach to serving customers, according to the company statement.

    According to Team Pumpkin co-founder Swati Nathani, “The partnership is definitely a win win situation for both the companies. Amazon will get the support of millions of Indian consumers who have already trusted Future Group brands and Future Group will foray into e-commerce space again, but this time with the support of global leaders in this category. This partnership will not only lead to more people to purchase their favourite brands online, but will also get another door for Future Group to generate  .”

    “This definitely calls for more competition and harder marketing techniques. Future Group has been at the forefront of offline retail in India and its presence on amazon.in shall definitely be a cause of worry to some other leading e-commerce players,” she adds.

    Amazon.in will also collaborate with Future Group brands in promoting the existing and new brands in markets, explore co-branding opportunities and accelerate new product development in categories which are currently not served by retailers. The companies will also explore synergies in areas such as distribution network, customer acquisition and cross promotions, the statement added.

    Commenting on the new partnership, Amazon India vice president and country manager Amit Agarwal said, “We are excited to collaborate, leverage each other’s unique strengths and serve customers across India. The product portfolio of Future Group, their innate understanding of the Indian consumer mind set and our ability to serve and deliver a convenient, easy, trusted and reliable delivery experience to a nationwide set of customers is a win win for all.”

    Amazon.in started its Diwali sale on 10 Oct, but did not go with the kind of heavy discounts that Flipkart and Snapdeal did last week.

    “This is the coming together of two trusted brands, Amazon and Future. Even more, they are in complementary spaces of businesses which is bound to create a strength much larger than the sum of the individuals. Not only will Amazon get leadership due to the extremely well oiled supply chain, but Future will get a business outlet, that may be larger than many of its retail stores together. I am sure the competition is beating themselves as to why they didn’t think of this one,” Chandramouli comments.

    “The partnership must not be seen as an attempt at ‘indianisation’ of Amazon. It is much more than that – this partnership stands on extremely strong business logic,” he adds.

    Future Retail is the flagship company of Future Group and owns the Big Bazaar chain of retail stores. Future Lifestyle Fashions has a portfolio of over two dozen fashion and lifestyle brands.

    Biyani recently criticised Flipkart and other e-commerce retailers in India for the deep discounts they offered during a promotional sale for the festival of Diwali, saying it would hurt other retail channels.

    “Kishore Biyani reportedly lashed out against Flipkart.com, due to selling of goods below cost price, which according to him was unfair. He doesn’t seem to be against the e-commerce concept per se. Future Group already had its own portal www.futurebazaar.com, which was one of the first online e-commerce portals in India, “Nathani opines.

    The Future Group’s electronics store, Ezone, already has an online presence and adopts a hybrid approach to sales involving both online as well as traditional brick and mortar stores. The group has also been speaking about ramping up its presence online.

    In September, Tata Group Company Infiniti Retail, which operates consumer durables and information technology (IT) retail chain Croma, and Snapdeal.com also announced a similar strategic partnership through which goods available at Croma stores were made available for purchase through Snapdeal.com.

    Amazon chief Bezos, during his visit to India, spoke about the potential he saw for the fashion industry in the online space and the deal with Future Group could help boost its battle against Indian competitors like Flipkart that acquired online fashion retailer Myntra. Amazon is also reportedly in talks to acquire online fashion retailer Jabong.

     

  • Future Group to now tie up with an e-commerce site

    Future Group to now tie up with an e-commerce site

    MUMBAI: A day after lashing out at e-commerce sites such as Flipkart for undercutting prices, Future Group CEO Kishore Biyani said that he would announce his ‘exclusive e-commerce partner’ soon, according to media reports.

     

    As per the reports, Biyani agreed that he met Amazon founder and CEO Jeff Bezos in Delhi last week, hinting that he might partner with Amazon to sell its private labels.

     

    “We discussed many things like the macro environment, the prime minister and so on,” Biyani told a leading business newspaper talking about his meeting with Bezos.

     

    “We can learn a lot of things from e-commerce players regarding their supply chain and logistics, sourcing and so on,” Biyani added.

     

    The buzz is also that Biyani is expected to meet other e-commerce players for a tie-up.

     

    The group would first take its fashion products online, followed by FMCG, general merchandise, food and others, he further said.

     

    The reports also add, “While tying up with e-commerce portal is a ‘brand strategy’ Biyani said, the group’s own omni channel strategy, set to go live after Diwali, is a retail strategy or extension of his physical stores. He said the group’s omni channel strategy will work simultaneously along with retailing on e-commerce partner.”

     

    As part of the omni strategy, the group’s electronics format, Ezone, is expected to go online first, followed by premium food chain Foodhall and hypermarket chain Big Bazaar, a group executive further revealed.

     

    Biyani recently came out strongly against the strategy of e-com firms, accusing them of predatory pricing backed with foreign funding.

     

    Media reports quoted him saying, “Laws in this country do not allow sales below cost price. This is anti-competitive. We (at Big Bazaar and other retail brands) never sell below cost price.”

     

    The future group also launched ad blitz, lashing out at the e-commerce portals with taglines like, “No deal can win the trust of a billion people, you have to earn it.”

     

    His comments came after Flipkart announced that it clocked record sales of $100 million (Rs 610 crore) in just 10 hours of its Big Billion Day sale on 6 October. Rival Snapdeal also claimed to have matched it with its chief saying the portal saw sales of over Rs 1 crore per minute.

     

    But the Flipkart Big Billion Day was far from perfect, the e-commerce portal later apologised for the glitches encountered admitting its ‘failure’ in living upto the expectations of its customers. Acknowledging that it was not adequately prepared for the sheer scale of the event, Flipkart promised to come better prepared next time.

     

    Targeting the e-retailer after it released the apology letter, Future group released another ad with the tagline ‘You can’t take a nation for granted even for a day.’

     

    Confederation of All India Traders (CAIT) too has expressed concerns over huge discounts being offered by e-commerce firms. It has asked the Commerce and Industry Ministry to take steps to monitor and regulate online businesses.

  • Future Group aims to generate Rs15,000 crore revenue in FY14

    Future Group aims to generate Rs15,000 crore revenue in FY14

    KOLKATA: With only a couple of months left for the current fiscal year (2013-2014) to go, India’s largest retailer, Future Group, hopes to reach the target of achieving a turnover of Rs 6,000–7,000 crore.

     

    On the sidelines of inaugurating a Big Bazaar Alcove store on 6 January, Group CEO Kishore Biyani highlighted that the group is looking at garnering a sales of Rs15,000 crore in FY14.

     

    Biyani said by the end of current fiscal, revenues from Future Retail, Future Life Style and Future Consumer Enterprises are expected to be about Rs 11,000 crore, Rs 3,000 crore and Rs 1,500 crore respectively. 

     

    Biyani said he was confident that the format like Big Bazaar, which has generated revenue of Rs 9,000 crore in the current fiscal, would register above 20 per cent growth year-on-year. “We expect that in the next fiscal revenue from Big Bazaar would be Rs 11,000 crore,” he said, adding the total number of stores would rise to 200 from the present 165 in the next 18 months.  

     

    When asked about the apparel brands, Biyani said DJ&C, Lee Cooper as well as Bare could touch a sales turnover of Rs 500 crore by the next fiscal. Sales turnover of both DJ&C and Bare, at present, stands at about Rs 400 crore. 

  • Bloomberg UTV invites budding entrepreneurs to ‘Pitch’

    Bloomberg UTV invites budding entrepreneurs to ‘Pitch’

    MUMBAI: Bloomberg UTV, the English business news channel which recently adopted the new ‘blunt and sharp’ look, has unveiled its first business reality show, The Pitch.

    The channel has partnered with angel investor firm Mumbai Angels, which will be providing seed capital of up to Rs 50 million to the winner.

    The Pitch will identify, evaluate and encourage potential entrepreneurs who have business ideas, and also possess the skills required to execute those ideas successfully.

    Theatre and film actor Boman Irani will host the show.

    The channel has called for nationwide entries, which will be shortlisted by a jury comprising Indiagames founder Vishal Gondal, Games2Win’s Alok Kejriwal and Career Launcher’s Satya Narayanan. They will shortlist the top 30 business plans and their creators, who could make it to the show.

    Mumbai Angels co-founder Sasha Mirchandani will closely evaluate these 30 aspirants and identify the final 10 aspirants who will appear on the show.

    The announcement was made at a press conference here by UTV Group chairman and CEO Ronnie Screwvala.

    The 10-episode series, which will launch in October, will see one business leader in every episode, testing the mettle of the aspirants. Bloomberg UTV has already lined up Rahul Bajaj, Kishore Biyani, Naina Lal Kidwai, Karan Johar and N Damodaran to appear on the show.

    Each week on a fresh episode, a business leader will design and assign business tasks to the participants. The tasks will be designed to challenge the aspirants on the most critical skills required to be a successful entrepreneur and by eliminating the weakest performer, narrow down to the most competent and deserving aspirant who goes on to receive the funding for their business.

    Bloomberg UTV business head Deepak Lamba said, “Through this show, Bloomberg UTV continues to strengthen its commitment to make a difference to viewers’ lives. We encourage the spirit of entrepreneurship in the country. There is no dearth of ideas but the buck always stops at the funds and through this show we will provide not only the funds but also a direction to the winner and his idea.”

    Irani added, “I am excited to be a part of this show as I am truly convinced with the philosophy of promoting entrepreneurship. The Pitch will not only identify the next big idea in India but will also help the winner see the light of day by offering them the funding to make the idea come alive.”

    Mirchandani said, “There are many efforts to identify great business ideas. The critical element of this show is its focus on the acumen and ability of the aspirant. Most great ideas perish for the want of the right execution. The aspirant who makes it to the end is a definite winner.”

    Bloomberg UTV has roped in M3M India as the presenting sponsor of The Pitch.

  • CNBC-TV18 and Lufthansa roll out season 2 of ‘All for this one moment’

    CNBC-TV18 and Lufthansa roll out season 2 of ‘All for this one moment’

    MUMBAI: CNBC-TV18, along with Lufthansa Airlines, will soon roll out the second season of All For This One Moment.

    Starting 20 August, the eight-part series will showcase lives and achievements of business leaders and give budding entrepreneurs the opportunity to meet business legends.

    Set against the backdrop of Lufthansa’s first-class terminal, the show will be hosted by 
    CNBC-TV18 executive editor Shereen Bhan.

    With the theme ‘Aspiration meets Inspiration’ the show will provide opportunity to eight young entrepreneurs to interact with successful business people like Ram Shriram, Shobhana Bhartia, Kiran Karnik, Anil Agarwal, Kalpana Morparia, Dr. Parthap Reddy, Y.C.Deveshwar and Kishore Biyani in a one-on-one conversation, learning what drives them to excellence.

    “The first season redefined genres by providing the new generation of entrepreneurs with an unprecedented opportunity to meet the business legends and get a first hand account of their achievements. We are confident that Season 2 will continue to inspire entrepreneurs in India,” says TV-18 business media director Ajay Chacko.

    “Today’s tough economic scenario calls for innovative solutions and this series provides a wonderful platform for generating such creative ideas. We are proud to be associated with this program in which India’s business legends share the defining moments on their path to success with the next generation,” avers Lufthansa director South Asia Axel Hilgers.