73 Quotes by Sudha Murthy (Sorted by Category)

When it comes to philanthropy in India, Sudha Murthy, Chairperson of the Infosys Foundation, is widely recognized as one of the leading contributors in recent decades. In 2006, the government awarded her the Padma Shri, the fourth highest civilian award in India, to commemorate her grassroots level social work. Apart from her philanthropic work, she is also an acclaimed author, having written notable books like How I Taught My Grandmother to read, Mahashwetu, and Dollar Bahu. She started her career by becoming the first female engineer to be hired at India's largest auto manufacturer TATA Engineering and Locomotive Company (TELCO). For the...

44 Quotes by Ratan Tata(Sorted by Category)

Mukesh Ambani is the wealthiest businessman in India, but Ratan Tata is the most loved Indian businessman.  Known for his high ethical standard and philanthropic activities as much as his business acumen, Rata Tata served as the chairman of the Tata Group from 1990 to 2012, followed by another brief stint as interim chairman from October 2016 to February 2017. At the time of writing, he continues to lead Tata’s charitable trust.  For the uninitiated, here’s a brief overview of what Ratan Tata managed to achieve during his career. During the 21 years that Ratan Tata lead the group, revenue grew...

36 Quotes by Sundar Pichai (Sorted By Category)

August 10, 2015, is a special day for Indians, and more broadly people of the Asian subcontinent. On this day, Sundar Pichai, Indian born American immigrant, was appointed the CEO of Google.  For many young & ambitious Indians looking to make a dent in the startup world, Pichai is now nothing less than a hero. A by-product of Pichai’s success is that his words are now taken as ‘words of wisdom, and rightly so. Anyone who has achieved the kind of success Pichai has must have insights everyone can benefit from.  In an attempt to collate Pichai’s thoughts, we collated 36...

Jeff Bezos’ Regret Minimization Framework

“A single decision has the power to change your life” We have all heard this phrase, restated, time and again in our lives by someone or the other, in a slightly distinct fashion, if not using the exact same words. In the case of Jeff Bezos, one of the richest men on the planet, a single decision did actually end up changing the trajectory of his life, and the world of commerce.  The story dates back to 1994. At the time, Jeff Bezos was working in a senior management position in a company called D.E. Shaw, a successful quant-focused hedge fund....

Captive Pricing [Definition, Examples, Advantages & Disadvantages]

Let’s suppose you bought a new printer. But there is no point in owning a printer without buying any cartridges. So, you go ahead and buy a pair of cartridges to make use of the printer.  A few months later, you run out of cartridges and are, in a way, forced to buy them again. During the lifetime of using this printer, it is likely that you could end up spending more money on cartridges cumulatively than you spent on buying the printer.  If this happens to the case, the company you have bought the printer from would also end up...

Instacart Business Model Case Study

You want to watch a blockbuster at 3 am while the cable airs commercials, Netflix allows you to do that. You want a cab at your house without waiting for a cabbie to spot you, Uber allows you to do that. You want food delivered from a restaurant at the tap of a button, Doordash allows you to do that.  We are now living in a period where goods and services can be accessed instantly. However, until recently, grocery delivery was still a problem that no company had successfully. And this is where Instacart spotted an opportunity in 2012. Instacart is...

Zomato Business Model: How Zomato Makes Money

While Zomato was started as a simple restaurant listing directory in 2008, the company has come a long long way since then venturing into multiple business segments, making the business more diverse than a Zomato user interacting with the business would think it to be. In this blog, we will try to demystify Zomato’s business model. But before we do that, let's take a look at its founding story & how the company has evolved over the years to establish better context. Zomato Founding & Growth Story The only person who has always been involved in the operations of Zomato is the...

High Low Pricing [ Definition, Examples, Advantages & Disadvantages ]

High Low pricing is a popular pricing strategy in which a company charges a high price for a product in the beginning and reduces the prices later using discounting. Unlike the price skimming model, however, prices are not slashed permanently. Under the high low model, product prices alternate between high & lower during a particular time duration.  The goal of high low pricing is to lure customers to visit the stores with discounts, which might also lead them to buy other products as a result. The high low pricing is also different from everyday low pricing, which consistently uses low...

Price Skimming [ Definition, Examples, Advantages & Disadvantages ]

Choosing a pricing strategy is a defining point in the life of a business — it decides the customer segments a business caters to, how much profit it will make, and the overall brand image of the endeavour. Price Skimming is one of the pricing strategies employed by businesses out of a host of different pricing models. Simply put, Price skimming is a pricing strategy in which the price of goods and services is highest at the time of launching a product to maximize profits from upper-market segments, and then lowered later on to attract price sensitive mid-market and lower-market...

TikTok Business Model Case Study

TikTok changed the social landscape in more ways than one. Firstly, TikTok holds the record for being the fastest growing social media platform ever. Launched in 2016, the app attracted over 3 billion downloads and captured one-third of all social media users in a short span of fewer than four years. To put TikTok's growth into context, it took Facebook & Instagram almost a decade for the same. Secondly, TikTok is one of the rare top social media platforms to emerge out of China. Before it came into the picture, all major social media companies were born in the...