Bain & Company

How much salary to be asked for Associate Consultant in Bain CN with 4.5 yrs of exp after UG and distance MBA from NMIMS? Current salary is 10.5 with 15% variable (fully paid VBP)

I’ve found a role which I would love to be referred to. Its an Associate role in reporting & analytics. I have the required education and experience skillset. If anyone can give me a referral, in all honesty, would be highly obliged. Really need to switch from current role and have finally found a role to switch to. Thanks in advance.

I have 5 years of working experience Location : Gurgaon Skills : Python, Sql, snowflake Looking for opportunities in data science/analyst roles Please ping me if you can provide referrals will send you the job IDs Thanks a lot.

Hello everyone, I found two job roles which are relevant to my profile and I would be highly obliged if you can refer me for the job roles! I would love to connect with those people! Please do respond! Thanks a lot!

Been spending way too much time on Grapevine lately - absolutely loving it @Micheal_Scott! Posted the Prosus report takeaways yday - lots of you DMed asking questions. Then I saw NewsAnchor break down the entire Prosus Annual Report - great stuff. I was an Associate at one of the largest VC funds in India, so I enjoy going through new reports and summarising them - found my notes from Bain's India Venture Capital Report 2024. Thought of sharing the unedited summary that I shared with the Partners at the fund, have a bunch of these - can share more if of value to any of you here (ofc removing the confidential parts) Notes: 1/ India's maintaining its gravitational pull despite the global funding crunch. Sure, overall funding nosedived 63% to $9.6B, but we're still the #2 destination in Asia-Pacific. Might not necessarily be a crash, it's a necessary course correction. 2/ Early-stage investing is showing remarkable resilience. Seed deals now comprise 70% of all deals, up from 60%, with average check sizes holding steady at $1.4M. Smart money is quietly positioning itself for the next wave of innovation. 3/ The tech-only playbook is being rewritten. While consumer tech, fintech, and SaaS still command 60% of funding, traditional sectors like BFSI are gaining ground, with average deal sizes jumping from $8M to $15M. We're witnessing the birth of tech-enabled, not just tech-centric, growth stories. 4/ The unicorn factory has hit pause, with only 2 new billion-dollar valuations vs. 23 in 2022. Mega-rounds ($100M+) plummeted from 48 to 15. This isn't a drought; it's a return to fundamentals. The era of grow-now-profit-later is firmly behind us. 5/ Generative AI isn't just hype; it's reshaping the landscape. Funding exploded from $15M to $250M, with 80% flowing to existing companies integrating AI. India's quickly becoming a laboratory for practical AI applications, not just speculative moonshots. 6/ Electric mobility is rewiring itself. While overall funding dipped slightly to $600M+, charging infrastructure investment surged 50%. The real opportunity isn't just in vehicles; it's in building out the entire EV ecosystem. 7/ Exits are defying gravity, leaping 1.7x to $6.6B. Public market sales led the charge at 55%, even as IPOs cooled. LPs are getting liquidity, and the secondary market is proving surprisingly robust. There's still appetite for quality assets. 8/ PE is no longer just watching from the sidelines. These players doubled their share to 25% of investments, going toe-to-toe with traditional VCs. The lines between growth equity and venture capital are blurring, and it's changing the game for late-stage rounds. 9/ We're watching natural selection in real-time. Yes, 35,000+ startups shuttered and 20,000+ layoffs hit the headlines. But companies like Groww and Indifi turned profitable. This isn't a bubble bursting; it's an ecosystem strengthening its foundations. 10/ Domestic VCs are coming of age. While overall fund-raising halved to $4B, homegrown VCs led 90%+ of raises. They're not just following; they're specializing, with thematic funds like Omnivore's $150M agritech vehicle. The ecosystem is bootstrapping its own future. 11/ Regulation isn't just tightening; it's evolving. Angel Tax expanded and lending norms got stricter, but we're also seeing innovative policies like UPI for foreign travelers. India's crafting a uniquely balanced approach to fostering innovation while maintaining stability. Topics we can discuss during our standup: 1/ Can India produce global tech giants if it's primarily adopting rather than pioneering in areas like AI? How do we enable this? 2/ How will the shift towards profitability impact India's ability to foster truly disruptive innovations? Implications for us, how should we be evaluating deals differently? 3/ With domestic VCs leading the charge, how will this change India's startup narrative on the global stage? 4/ Is this maturation setting the stage for more resilient, globally competitive Indian startups, or are we risking our innovation edge? How do we look at thesis driven investing v/s fomo investing? Link to Bain's report - https://www.bain.com/insights/india-venture-capital-report-2024/ P.S. Do note that this is 6+ months old - data points mostly look diff now but sharing it anyways. Will post more as and when I get time :)

Was just reading The Ken’s article they posted today around what went behind Bain’s recent layoffs - made me think a lot. More so because I rejected my offer from Bain in college to go join a startup. Bain is a titan in the consulting world, what made it stumble so hard in India? By now, all of us know Bain let go 15-20% of its workforce, a shocking move that reveals deep problems. What went wrong? 1/ Putting all eggs in one basket: Bain's excessive dependence on Tiger Global (60-70% of PE consulting revenue) proved catastrophic when Tiger faltered. When Tiger faltered, Bain was left scrambling. 2/ Overconfidence led to overhiring: The 2022 hiring spree, nearly doubling B-school intake, reveals a dangerous disconnect between market realities and internal optimism. Now, with less work, those hires became a burden. 3/ Reputation at Risk: Layoffs may solve immediate financial woes, but the long-term damage to Bain's employer brand could prove costly in an industry that thrives on top talent. 4/ Others learn from Bain's mistakes: While Bain stumbled, rival BCG played it safer and is now in a stronger position. 5/ Growth isn't everything: Bain's fall shows that in consulting, steady relationships and smart hiring matter more than just getting bigger. So thankful for not joining consulting post college 🙏🏼

200+ peeps asked to leave over the weekend