The New Kid On The Block That Will Threaten Amazon - Strategy With RS
A new e-commerce site, Jet.com, which started business in 3rd week of July’15, may have the potential of disrupting Amazon.com.
A new e-commerce site, Jet.com, which started business in 3rd week of July’15, may have the potential of disrupting Amazon.com.
So, let’s travel back in time. A usual Saturday at IIT (BHU) Varanasi. We had our last class-test the next day and not-so-usually, I was trying to mug up the 'surveying formulae'. Now, I would like to tell you, something special about Saturdays in IIT (BHU). On Saturdays, we have our messes off, so we had to go out of the sprawling campus (approximately 16 sq. kilometers in area) to have dinner. Just imagine a scenario, where a total of 10-12 restaurants nearby cater to a crowd of about 4000 students. People used to wait outside the restaurants, so that they can get their chance when others are done with their meals. We got used to this practice. Just the day before my exam, I planned to skip the dinner as I had a lot to study and couldn’t afford wasting 2 hours to have dinner. I was wondering if someone could bring food to my room.
Vat Vrikshya is a social enterprise that works with marginalized women and communities who have been traditionally neglected and under resourced.The VV Team works with tribal communities across eastern India , often travelling at some risk to rural areas where outsiders may not be welcome for political and religious reasons.The founder,Vikash Das, was born and raised in Odisha - the tribal predominant state and this is precisely the reason that got him started. Life is even tougher for tribal women who often face discrimination because of their gender and tribal status. Since most men are prone to indulging in various forms of addiction, women are at the helm of family affairs , compelling them to seek formidable choices to make their ends meet. In such undesirable situations , so as to provide some solace for their social, economic and civic empowerment in tribal dominated region of Odisha, Vat Vrikshya was formed. Vikash's philosophy has always been to encourage women to be in charge of their own change process.In a small town of Odisha, generations are brought up ingrained with the belief ‘Vasudhaiva Kutumbakam’ which translates to ‘The world is one family’. Yet, social discriminations exist in the same vicinity. In order to overcome such social discriminations and help the underprivileged,Vikash decided to quit his corporate job and work with underprivileged and marginalized tribal people. "The root causes of persistent poverty in India lie at the complex intersection of structural factors and paterns of socio-economic exclusion."The goal of our work is to address persistent poverty by empowering socially marginalized groups by strengthening networks across the tribal communities in the company.These tribal belts are the country's clusters of poverty"- says Vikash.
Jack Maa is one of my favorite role models.
The Prime Minister's MUDRA yojana is a great opportunity for a lot of young under-grads and post graduates to get access to capital to start a business. You need not incorporate a company - in fact loans will not be given to companies as per the rules - a sole proprietor or a partnership firm will get loans.
Crowd Funding as a means of raising funds seems to be gathering momentum – albeit on a small base. In 2014, $ 16.2 billion was raised globally, which is 167% increase over the previous year. This year the figure is expected to top $ 34 billion. The World Bank too has taken a view of this phenomenon & has predicted that by 2025 the figure could top $ 96 billion!
Snapchat is a platform for users to enjoy fast and fun mobile conversation! A user can ‘snap’ a photo or a video, add a caption, and send it to a friend. They'll view it, laugh, and then the Snap disappears. The concept has gained traction among users. So much so that FB had made an offer to buy it out for $3 billion.
When you enter Mitsukoshi departmental store you are greeted in honorific Japanese. But it is not a person greeting you, but hold your breadth – a lifelike robot. (See Image above).