London: Saubhagyaa R. Swain, a visionary Indian-British entrepreneur, has redefined the landscape of global business with his extraordinary journey from modest beginnings to an awe-inspiring net worth of $2.13 billion. As the founder and driving force behind the Vincitore Group, a $17 billion global conglomerate, Swain’s rise underscores his relentless ambition, strategic investments, and a penchant for identifying untapped opportunities in diverse industries. With businesses spanning renewable energy, luxury aesthetics, and infrastructure, his remarkable journey reflects a masterclass in modern entrepreneurship. This explores Swain’s financial course from 2019 to 2024 in detail, providing information on his calculated actions, the remarkable…
Author: Ansh Singh
Ansh Singh is a journalist and writer who covers Entrepreneurship, Business, Startups, and Fintech. When not working, you will find him reading insightful case studies, exploring ideas online, and journaling by the beach.
New Delhi: Edelweiss Mutual Fund’s chief executive, Radhika Gupta, recently spoke on the rising “startup romance” trend that has gained quite a popularity among aspiring entrepreneurs in India. She pointed out in her social media posts that the glamorous image of startup life hides the tough realities faced by those in the industry. The Fantasy of Startup Life Gupta condemned the “startup romance” for the idealistic picture it depicts of running a business. This often paints a picture of cool co-working spaces, casual dress, and brainstorming that makes it look easy. However, Gupta warned entrepreneurs against this dreamy image and…
New Delhi: The Economic Offences Wing (EOW) of the Mumbai Police arrested two Surat-based businessmen, Yogeshkumar Chalthanwala (53) and Sunil Badriprasad alias Bende or Patel (55), in August 2024 for their involvement in a ₹10 crore fraud. The duo was part of a larger network that illegally sold Customs Duty Credit Scrips (CDCS), deceiving three businessmen in the process. What Are CDCs? Custom Duty Credit Scrips are export incentives provided by the government that will help an exporter to reduce the import duties. These scrips, offered under specific schemes in India’s Foreign Trade Policy, are generally given 2% to 5%…
New Delhi: Google CEO Sundar Pichai recently added some much-needed joy to the Christmas season by taking part in the company’s first-ever “ugly sweater” contest. Pichai did not fall short of the event’s goal of fostering creativity and happiness among staff members. In a humorous homage to the holidays and his passion for cricket, he arrived wearing a sleek black sweater adorned with snowflakes, a ball, Christmas trees, and cricket bats. The competition also came with a modern twist as it was judged by none other than Gemini, the AI assistant from Google. Pichai posted on Instagram that he had…
New Delhi: The largest telecom company in India, Reliance Jio Infocomm Ltd., has lost millions of subscribers over the past four months. The company lost around 1.65 crore subscribers. In October, the company lost 37.6 lakh subscribers. This decline for Jio started in July 2024, when it lost 7.58 lakh users. Then, the numbers worsened in the following months: 40 lakh users lost in August, 79 lakh in September, and 37.6 lakh in October. The second-largest telecom operator of the country, Bharti Airtel Ltd. on the other hand has seemingly recovered. Having lost over 14.3 lakh subscribers in September, the…
New Delhi: Starting with January 1, 2025, WhatsApp will Cease its Function to bunch of old Android devices that run on the operating system like Android, KitKat or earlier. As it is, WhatsApp will be doing so to promote better security and usability, as older operating systems may not have the modern ability to support new features or receive the necessary security updates. The Real Reasons of Discontinuation: The biggest reason behind this is that WhatsApp has to be secure and efficient. Older operating systems, such as KitKat, have vulnerabilities that can’t be patched. Thus, these are the types of…
New Delhi: A young Indian techie’s recent revelations about the toxic work culture at a startup have sparked widespread discussions about the harsh realities many faces in the tech industry. The anonymous frontend developer shared their emotional story on Reddit, describing how they broke down during a Google Meet session after enduring constant pressure and verbal abuse from their tech lead, who also happened to be one of the co-founders. In their post, the techie painted a picture of a tough work environment filled with 12 to 15-hour shifts, no proper training, and little support. Working remotely for a tiny…
New Delhi: A recent post by one of the startup founders has set the internet afire with his appeal for high earners to leave India. The entrepreneur, an alumnus of one of the most prestigious engineering institutes from India, further pursued his academic studies in the US but returned to India in 2018 to start this company. Today, his venture boasts solid funding, a team of 30 members, and an average annual salary of ₹15 lakh. Despite his professional success, the founder shared his growing frustration with the challenges of working in India. “Stupid regulations stifle innovation here. You need…
New Delhi: Rohan Mirchandani, co-founder and Chief of Epigamia an well known food brand based on Healtheir dairy products, died at the age of 42. He suddenly was taken away by heart-attack, a tragic moment reminding how fragile and fickle life can prove if one does not engage properly in health-related routines more so for young professional employees. Rohan founded Drums Food International in 2013 and brought the popular brand Epigamia to life. While the company began with Hoki Poki ice cream, it quickly switched to healthy snacks like Greek yogurt, becoming a staple in Indian households. An alumnus of…
New Delhi: An Ola Electric scooter recently made waves on social media when a creative user found a new way to deal with a power outage. A post on X (formerly Twitter) showed a man using the headlamp of his Ola scooter as a makeshift light source during a full-day power cut. The post caught the attention of Bhavish Aggarwal, Ola Electric’s CEO, who reacted positively and mentioned that the company is working on a solution called the “PowerPod.” The PowerPod will solve such needs soon! https://t.co/Ac21ko0kEq — Bhavish Aggarwal (@bhash) December 19, 2024 Aggarwal’s response sparked lots of chatter…
