I'd never heard this name earlier, somehow. So I looked up more. They run Varun Beverages. Again, a name I somehow hadn't heard of (maybe I'm not a very avid stock investor).
Varun Beverages (named after his son) apparently is one of the largest bottlers for PepsiCo outside of the US Devyani Foods (named after his daughter) handles outlets for KFC, Pizza Hut etc.
It's super crazy how some of the most successful businesses are just things we see around us, but don't care about as much.
I'm extremely pro startups - hyper scaling tech companies need to exist. But I think a lot of us are missing out on creating legendary businesses that are profitable on day one, just because it's a longer, not as 'glamorized' path.
More of us need to think about this!
I've been saying the same on so many post comments, people just don't care.
They only want to look at the small minority of funded startups (less than 10%) that feature in the news for stupid shit. They ignore lakhs of businesses that are very profitable and don't indulge in flashy promotions or PR.
Time for me to open my lemonade stand
Varun beverages has been a dream company in big schools for so many years . It's not a new company in any way
on one hand we have startups that are mostly known for innovations in tech and on other we have traditional businesses, both of which can be profitable and scalable.
Another great sign is that none of them go around sharing (regurgitated) gyaan on KinkedIn and Twatter
We all know one Jaipuria brand though, just didn't know Jaipuria owns it - Cream Bell
Territorial business are most profitable. Even in the US, most of the people in top 1% businesses are involved in soda distribution and automobile dealerships.
Only baniya and jains have this power of remain humble and don't show off.
Top 20 companies make 80% of the entire country's profit. The most profitable HDFC takes 9%. It doubles itself every 3.5yrs and has made 70x in last 20yrs. Asian paint has made 10x in 10 yrs yet people won't know the CEO. Need to talk ab...
Looks like the market is huge in China. He also runs a pharma company that peaked during covid
But to think someone in this business is richest. Tells how different markets can be.
The negativity brigade is out in full force against Unacademy lately. Honestly watching this relentless media agenda against us is like watching a bad tv show. As someone who's part of the team, I want to set the record straight.
Firs...
Kya dikat hai bhai, udane do paisa. Tumhare thodi hai.
Good firms genuinely perform well and return money. The ecosystem is not forgiving -- you don't survive very long if you don't create any big wins. It's an extremely high stress ...
VCs kill many startups with unrealistic targets that the main problem. Not every business is designed to give ultra q...
