Saga

What is the first thing you do when you plan to take a vacation or travel for work? Of course, like most of us, you search for hotels, flights, and trains on travel websites, don’t you? But what has become a norm today was impossible two decades ago. 

How, then, did travel bookings become this quick and simple? One brand was the first to set off the digital revolution in travel, followed by the rest.

Do you want to know how this brand went from losing a chunk of its $2 million investment to a market cap of $6.61 billion today?  Keep reading

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Failing – The First Step to Success

Born in Hyderabad, he is an alumnus of St Stephen’s College and IIM Ahmedabad.

He quit his high-paying job at ABN AMRO Bank and launched AMF Bowling in India to tap into the family entertainment boom.

However, concept adoption was low, so the venture did not work, and he was back to square one.

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An Entrepreneur and the Birth of a Brand

Deep started working at GE Capital after his first venture failed, but he wanted to do more. So, he quit his job and took a year-long sabbatical.

During this year, he traveled a lot and found travel planning extremely tedious, with nosy travel agents and double-sided brokers.

The travel planning was messier, and Deep thought the Internet could organize this industry better. That’s when he started Make My Trip.

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MMT’s Launch and Growth

In 2000, Deep, with three of his friends, Keyur Joshi, Rajesh Magow, and Sachin Bhatia, established Make My Trip. In 2001, India was still understanding the Internet, so Deep started catering to foreigners for their US-India trips.
 
Customers flocked to this website to book their trips. With an e-Ventures investment of $2 million, Deep and his friends took on the old-school travel agents to make travel planning easy and cheap. But soon, it came crashing down.

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A Dream Start and A Dot-Com Bust

MMT’s initial journey mirrored a rollercoaster ride. A promising $2 million investment, with another million upon reaching a milestone, fueled a dream start. But then came the dot-com bust, leaving the promised million out of reach.

To make matters worse, investors demanded a portion of their initial investment back to repay their limited partners. When most companies collapsed, MMT chose to fight.

The team size shrunk from 40 to 20, the expensive office space became a cramped mezzanine floor, and eVentures wound up its business while Deep used his life savings to buy back his company.  Senior management, including Deep, took a massive pay cut, and the rest of the team put their salary hikes on hold.

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Relaunching with Renewed Hope

For the next three years, Deep focused on Indo-US customers while trying to maintain profitability. Their rough bootstrapping laid the foundation for the future.

At the same time, IRCTC launched online train tickets, helping Indians become comfortable planning travel online, which led to more Internet users. Five years after setting up the business, MakeMyTrip started operations in India again. 

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First Mover Advantage And Expansion

Their successes and first-mover advantage brought in more Venture funds. With the money, Deep expanded, and MMT sold online flight tickets, riding the wave of secure online payments (thanks to IRCTC) and the rise of budget airlines offering attractive fares.

MMT built direct connections between users and airlines, allowing Indian travelers to plan trips directly.
 
In 2008, MMT’s revenue reached 1,000 crores, and it served over 20 lakh customers. It became the most visited travel website in India after IRCTC. MMT launched new storefronts and crossed a remarkable milestone—the ₹1,000-crore mark.

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NASDAQ Listing and 25X Growth

The first four years post-relaunch saw MMT experience phenomenal growth. From a $20 million in topline growth and $2 million in revenue, they reached a valuation of $500 million at the time of their NASDAQ listing in August 2010.

That’s a 25X growth in just five years, with revenues reaching a staggering $60 million.
2011 and 2012 were the first years MMT finally turned a profit, leaving the red zone behind.

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Breaking Even

After choppy runs, Deep announced a significant milestone in December 2018 – MMT was on track to break even in FY2020.

Business was booming, with record revenues between October and December 2019. The future looked bright. However, the pandemic had other plans.

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And the Pandemic Blues

Travel screeched to a halt in March 2020, but MMT limited its losses even then. Lockdowns, however, meant their profit plans came crashing down, and losses piled up.

Revenues dipped dramatically—95% year over year and then 82% in the following quarters. MMT cut costs wherever possible, like marketing budgets, and hunkered down for the storm.

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Through a Full-Service Experience

While the pandemic brought fresh challenges, it also allowed MMT to reinvent itself. As Deep Kalra and Group CEO Rajesh took another pay cut, the company made some strategic decisions.
 
MMT recognized the need to diversify beyond just flight bookings and hotel aggregation. This period saw the birth of several new platforms:
 
MyBiz: Tailored solutions for corporate travel needs.
MyPartner: A platform empowering travel agents to leverage MMT’s reach and technology.
MyAffiliate: An API platform allowing businesses to integrate MMT’s travel booking services.
Trip Money: A travel-focused fintech solution for seamless transactions.

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Continuing on a New High

MMT has achieved its biggest growth quarter ever, with a net profit of $24.2 million, a way up from the previous year.

Total revenue also jumped by 26.9% to $214.2 million, compared to $170.5 million the previous year.

Summer is here, and the heat is unbearable! But we’ll take the stickiness of hot and humid days since they also bring mangoes. Imagine the juice running down your chin as you bite into a slice or the sweet, sour, and tangy taste of refreshing Aam Panna tingling your taste buds. And how can we forget Aam Ras, chhunda, or mango chutney that can make any regular meal delish and complete? Mangalorean Ripe Mango Curry or Thai Yellow Coconut Curry delights in any form. 

Is your mouth watering yet? Little wonder the king of fruits rules India’s and the world’s hearts — so much so that the global mango market stood at a sweet $63.65 billion in 2023

So, what makes the King of Fruits -Mango not-so-aam? 

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Millennia Old Journey

India first cultivated mangoes 5,000 years ago, but did you know that fossil evidence dates its origins 25–30 million years to Northeast India, Myanmar, and Bangladesh? 

Since then, Alexander the Great carried it to Greece, and Babur felt compelled to establish his empire in India. Humayun fled to Kabul only after ensuring its hefty supply through the courier system. The mango saga through the ages has been nothing but fascinating. 

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By The Portuguese In The 1490s

When the Portuguese encountered mangoes in Kerala during the1490s, they renamed the fruit Manga from Malayalam Maamkay and Malayan Manna. They introduced mangifera indica to the world as mango through trade. 

Traders and travelers also took the king of fruits’ seeds to the Middle East, East Africa, South America, and other parts of the globe, making it a global phenomenon.

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A Symbol of Celebration in India

While the Mauryans planted aam trees by the roadside as a mark of prosperity, the fruit symbolized faith for the Buddhists, as rulers exchanged it as gifts. 

The Mughals savored exquisite fruit-based dishes, Aam Ka Lauz and Aam Ka Meetha Pulao, making it an emblem of luxury and legacy. 
Kalidas, Mirza Ghalib, Amir Khusrau, and Rabindranath Tagore dedicated poems to this delicious fruit, which has remained an integral part of Indian celebrations. 

Not to forget, we also have the National Mango Festiva, which has been celebrated with huge fiestas in Ahmedabad, Lucknow, Delhi, Allahabad, Goa, and many other locations since the 1987s.

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The Many Avatars of Manga

Whole fruit, canned, pulp, puree, drinks, processed foods, or condiments, no matter how you prefer your mango, giants like Del Monte, Capricorn Food Products India Ltd., Parle Agro, etc., provide it. 

As we innovate with experiments and technology, there will always be a high demand for mangoes worldwide in households, the food and beverage industry, food service providers, and more. 

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Manga’s Socioeconomic Impact

Mango has delighted the world’s taste buds and supported India socioeconomically. Our nation grew approximately 21 million metric tons of mangoes in 2023—a big jump from the 16.2 million metric tons we grew in 2012. 

In addition to export, mango cultivation and trading also create employment opportunities, with various stages of the value chain—planting, harvesting, and post-harvest processing. They also encourage entrepreneurship through local fruit and juice stalls and processing units. 

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Fruity Frenzy Across the World

Mangoes have captured our imaginations for ages. They are rising globally and may hit $67.95 billion in 2024, with a CAGR of 6.7%. 

Disposable incomes, a surge in exports, booming emerging markets for aam-flavored foods and beverages, and a growing buzz about plant-based products are fuelling this fruity frenzy.

By 2028, the market will be worth a whopping $89.55 billion, zipping along with a CAGR of 7.1%. 

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In the Global Mango Pie

As the Asia-Pacific (APAC) region takes the lead with the Philippines and Thailand, India’s mango game is strong, too, and the world is taking notice! 

The country’s exports jumped by 19% to $47.98 billion during the 2023 season. We shipped 27,330 metric tons of mangoes to the United States, the United Kingdom, Japan, Qatar, and the United Arab Emirates. 

Beyond the APAC region, North America, Europe, and the Middle East also contribute significantly to the global mango economy.

Driving the aam mania are growing awareness of its health and nutrition benefits, booming e-commerce, an expanding population, and governments jumping on the mango bandwagon with their initiatives.

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Future As Bright And Colorful As Kesari Mango

Farms are set to bear the sweet fruit of success with global awareness about sustainable and eco-friendly practices, Integrated Pest Management (IPM) strategies, and efficient water management techniques. 

For now, though, let’s relish hundreds of varieties, including Hapus, Dussheri, Neelam, and Langda, all cultivated to perfection!

In a world obsessed with robots and screens, whispers of a different kind of journey are gaining volume. It’s like there’s a global awakening taking place. Forget the beach vacation selfies; for many Indians, the hottest travel trend is something completely different.

Millions are on a quest for something deeper, something more meaningful. People worldwide have increasingly become interested in exploring spiritual spots and gearing up for temple trips.

So, what’s driving this unexpected surge? Find out…

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Ayodhya: The Rising Spiritual Epicenter

Today, Ayodhya has emerged as a potential rival to ancient, revered destinations like Vatican City and Mecca.

Since the temple’s inauguration on 23rd January 2024, over 1.12 crore devotees have flocked to Ayodhya in just over two months, signaling a pilgrimage surge of epic proportions.

The surge in infrastructure projects suggests that Ayodhya could soon surpass even these iconic sites regarding visitor footfall.

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The Rise of Sacred Cities

In a surprising twist, Millennials are ditching their beach getaways for spiritual pilgrimages. This unexpected trend has injected fresh energy into ancient temple destinations experiencing a remarkable resurgence.

Varanasi saw an eightfold increase in visitors compared to Goa, drawing over 7.2 crore tourists in 2022, with Ayodhya, Mathura, and Ujjain following closely.

This revival extended even to Kedarnath, which saw a dramatic rise in visitors, with numbers jumping from 4-5 lakh to a staggering 15 lakh. 

From the revered Tirupati temple to the sacred Puri Jagannath Temple in Odisha, the iconic Amritsar Golden Temple, and others, the call of the divine is reverberating throughout India.

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Of The Hospitality Sector

Temple tourism is experiencing a renaissance post-pandemic, and the hospitality industry is witnessing a transformation, too. Hoteliers and travel planners are seizing the opportunity to cater to the evolving needs of spiritual travelers. 

From Hyatt’s first vegetarian hotel near Ramanathaswamy temple to Wyndham’s strategic expansion into Ayodhya and Tirupati, the industry is aligning with the growing demand for upscale accommodations at religious sites.

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Numbers Show The Way

Data from MakeMyTrip reveals property listings across religious and temple destinations have increased by 44% compared to the pre-COVID period.

Yatra.com found over 40% of searches and bookings on their platform were for hotels in religious destinations like Varanasi, Haridwar, Tirupati, Shirdi, Katra, Amritsar, and Rameswaram.

According to Booking.com’s  ‘How India Travels 2023’ report, Indians are expanding their horizons beyond traditional hotel settings. They seek diverse accommodations, including apartments, villas, homestays, and other unique lodgings. 

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A Shift in Global Traveler Preferences

Recent findings from the Tourism Ministry revealed that over 60% of travelers are now searching for spiritual experiences during their journeys.

From a modest revenue of Rs 65,070 crore in 2021, earnings surged to an astounding Rs 1.3 lakh crore in 2022, reflecting the growing interest in spiritual tourism.

This surge has made India reach the fourth position among global spenders on travel by the year 2030.

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Government Initiatives

The government’s introduced schemes like PRASAD (Pilgrimage Rejuvenation and Spiritual Augmentation Drive), renovating and developing the Amaravati and Srisailam in AP, Patna and Gaya, Dwarka and Somnath, Gurudwara Nada Saheb, Panchkula, Hazratbal and Katra, Deogarh and Parasnath in Jharkhand, Chamundeshwari Devi, Mysuru, Guruvayoor, St Thomas International Shrine, (Malayattoor), Omkareshwar and Amarkantak in MP and Trimbakeshwar in Maharashtra.

The government’s drive for modern facilities and enhanced accessibility has transformed temple destinations like Varanasi and Kedarnath. Since the scheme began, Rs. 1,586 crore has been sanctioned for 45 projects in 25 states and UTs.

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The Rise of Buddhist Tourism in India

The surge in spiritual tourism isn’t confined to temple sites alone. With a resurging interest in Buddhism globally, India’s Buddhist circuits are experiencing renewed attention.

From traditional pilgrimage trails nurtured by religious institutions to bespoke tours offered by private operators, stakeholders are joining hands to promote Buddhist tourism.

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The Major Gainers

By 2030, the travel and tourism sector is poised to soar to a staggering $410 billion market, marking a remarkable increase of over 170% from its valuation of $150 billion in 2019.

Companies in the hospitality sector, like Indian Hotels Company Limited and OYO Rooms, along with fast-moving consumer goods giants such as Hindustan Unilever, Jubilant Foodworks, and Britannia Industries, are poised to capitalize on the surge in temple tourism.

Ever ignore that nagging cough, shrug off fatigue, or write off body aches as “just life?” We all do. But what if these whispers from your body are warnings? Could a simple check-up prevent a future health crisis?

What if you could focus on your health rather than worry about the burden of expenses? One man made it all possible. He dared to believe that prevention shouldn’t be a privilege—healthcare should be accessible and affordable. 

Curious to meet the man who transformed the way millions approach their health? Read on…

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The Road to University

Born into a family of landless farmers in a remote village near Coimbatore, Arokiaswamy Velumani’s childhood was marked by a sheer lack of resources. Yet, a thirst for knowledge propelled him forward. 

Scholarships saw him excel in school, but college meant leaving home. A peculiar custom – only graduate boys could hope to marry a beautiful, fair girl – fueled his determination to land a coveted spot at Anna University, Chennai, to study Chemistry. This foundation in science would become the bedrock of his future.

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But A Library Opens Doors

After graduating with a degree in Chemistry in 1978, his first job at a mere salary of ₹150 as a shift chemist at a small pharmaceutical company in Coimbatore ended abruptly in 1981 when the company shut down.

Facing an uncertain future, Velumani spent his days immersed in the world of books at the Central Library in Coimbatore. It was there, amidst the dusty shelves, that fate intervened.

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Unexpected Opportunity

One Wednesday, Velumani saw a newspaper advertisement for a scientific assistant position at Mumbai’s prestigious Bhabha Atomic Research Centre (BARC). It seemed like a golden opportunity to secure a safe and secure government job.

He secured the interview, but a medical assessment revealed color blindness, a seemingly impossible hurdle.

However, Velumani persisted, and after three trips to Mumbai in three months, including a crucial second opinion, he finally landed the coveted job at BARC.

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The Birth Of A Passion

Although assigned to the department of thyroid testing, Velumani found the routine work monotonous.

However, his inquisitive mind saw beyond the daily tasks. So, he spent his free hours reading scientific literature and exploring the mysteries of the thyroid gland, endocrinology, and other related fields. 

Fueled by a growing fascination, he enrolled for a master’s degree while working at BARC, eventually completing his doctorate in thyroid biochemistry. Little did he know, the seeds of his life’s calling were being sown.

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Is Born

By 1995, after 14 years at BARC, Velumani felt an undeniable pull to forge his path. With his wife’s stable income from the State Bank of India providing a safety net, he took a bold leap of faith. 

He pooled his provident fund savings, a modest ₹1 lakh, and, along with his wife, set up a small testing facility in Byculla, Mumbai, focused explicitly on detecting thyroid disorders.

This strategic location near the Tata Memorial Hospital, a prominent cancer institute, provided a steady stream of potential patients.

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A Mission

Velumani’s vision was as clear as his scientific knowledge. He knew the high cost of diagnostics was a barrier to preventive healthcare, especially for those with limited resources. So, affordability was the cornerstone of his business model.  

Thyrocare offered thyroid profile tests at a fraction of the market rate, which attracted skepticism. But Velumani was confident. He knew that keeping costs low and achieving high volume would ensure sustainability.

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Powering Faster TAT

Velumani embraced innovation, pioneering a nationwide franchise model for sample collection, thus ensuring a wider reach.

Recognizing the limitations of a single processing lab, Velumani strategically established additional labs across India, ensuring faster turnaround times and improved efficiency. 

The 1,122-outlet network extends across India, Nepal, Bangladesh, and the Middle East. Today, Thyrocare boasts a network of 15 processing labs nationwide.

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Local Labs to National Network

Slowly but surely, Thyrocare started gaining traction. Patients flocked to their clinics, drawn by the low prices and reliable results. Doctors, impressed by the accuracy and efficiency, began recommending their services.

The network flourished, with over 3,000 collection centers and 100 million tests processed annually. Their services expanded beyond thyroid tests, encompassing various diagnostic tests for different health conditions.

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Investors Fuel Thyrocare’s Growth

Over two decades after its launch, Thyrocare’s success story soared in 2016. Its IPO garnered a massive 73x subscription, a testament to Velumani’s vision of affordable healthcare.

Before this, in 2011, Thyrocare attracted investors like CX Partners, further fueling its growth.

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Shaping A Healthier Nation

Velumani’s vision extends beyond profit margins. Through initiatives like “Aarogya Jeevan,” Thyrocare aims to spread awareness about the importance of preventive healthcare in underprivileged communities.

They offer free consultations and subsidized tests, bridging the gap between healthcare access and affordability.

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PharmEasy – A New Era

2021 marked a new chapter for Thyrocare when PharmEasy acquired it. This strategic move offered exciting possibilities. Thyrocare, primarily a B2B player, gained direct consumer access through PharmEasy’s platform.

It allowed for the creation of comprehensive wellness packages, solidifying PharmEasy’s position as a holistic healthcare provider.

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Healthcare Landscape

This acquisition mirrored a more significant trend in Indian health. E-pharmacy and B2B health tech are the dominant segments, accounting for 70% of the market, valued at a staggering $7 billion (IAMAI & Praxis report).

The COVID-19 pandemic further accelerated this shift towards tech-enabled healthcare solutions.

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A Brighter, Healthier India

Built on affordability and innovation, Thyrocare’s story is far from over. Now backed by PharmEasy’s reach, the company is poised for even greater growth.

As the Indian health tech sector continues to evolve, Thyrocare isn’t just keeping pace – it’s leading the charge towards accessible and preventive healthcare for millions.

This commitment embodies A. Velumani’s legacy, ensuring that millions of Indians have the power to take control of their health and build a brighter, healthier future.

Have you ever stopped to appreciate something ordinary, something you use daily without a thought? Imagine a world where that seemingly simple thing suddenly became a precious commodity, a source of worry.

This is the story of a man who had his world shaken by a harsh reality. A seemingly ordinary vacation turned into a desperate scramble for a solution, a quest that would change lives for millions. From complete ignorance, he embarked on a path to transform an entire industry, challenging Tata’s and HUL.

Who is he, and how did his actions impact a nation? Read on to discover the answer.

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How the Journey Began

Dr. Mahesh Gupta, a man of sharp intellect, wasn’t always the water purification guru India knows him as today. Fresh out of IIT Kanpur (1975) with a mechanical engineering degree and later a Master’s from IIP Dehradun (1977), he landed a dream job at Indian Oil Limited. 

But he wanted to do something of his own. That’s when he started “Kent Oil Meter,” a business focused on oil conservation. While the venture took off, a more personal challenge was about to rewrite Dr. Gupta’s story. 

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A Father’s Worry

Dr. Gupta’s world turned upside down during a seemingly ordinary family vacation. His children, living in a posh South Delhi neighborhood, fell ill with jaundice.  A wave of panic washed over him. Jaundice? In their own home?

The realization that this was a waterborne illness hit him hard. It was a terrifying glimpse into a potential health crisis for countless families.

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The Spark of Change

Fueled by a father’s worry and an engineer’s problem-solving spirit, Dr. Gupta embarked on a personal mission – to create a superior water filter.

There was no fancy lab, but his own home was in Noida. With limited experience but unwavering resolve, he started experimenting with water purification. He quickly discovered the limitations of existing methods and looked for a more effective solution.

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Exploring Reverse Osmosis

He explored Reverse Osmosis (RO) technology, a concept relatively unknown in India then.  With a mere ₹20,000 saved from his previous job,

Mahesh imported parts and spent months experimenting. Finally, he had a breakthrough: his design for an RO water purifier was born.

Jul 5, 2022

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Small Fish In A Big Market

In 1999, with a four-member team and a one lakh rupee investment, Kent RO entered the market. It was a fierce underdog in a world dominated by established players.

The leading brand, Aquaguard, held a whopping 70% market share and offered a product priced at ₹5,000. With its superior RO technology, Mahesh Gupta’s Kent RO came in at a significantly higher price point of ₹20,000. He believed in his innovation, but sales figures told a different story.

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Silver Lining Amidst Challenges

The initial years were a brutal test of perseverance. Kent RO sold a mere 100 systems in the first year. The high price tag and unfamiliar technology proved to be significant hurdles.

Yet, there was a silver lining. Despite low sales, brand recall remained high. People who witnessed the RO purification process firsthand were impressed.

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From Limited Resources to Creative Solutions

Mahesh Gupta, ever the resourceful entrepreneur, recognized this as an opportunity. With limited capital of just ₹5 lakh and no budget for advertising, he devised a bold strategy – direct sales. 

Kent RO representatives went door-to-door, showcasing the effectiveness of their technology and converting interest into sales. This approach, though slow, started to yield results, with sales climbing to 20 units per month.

He placed the products at retail outlets that specialise in kitchenware. People bought on the spot after seeing the purity of the water. Kent RO had hit the sweet spot. By 2005, its sales jumped to ₹30 crores. 

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The Power of Branding

Starting small, Kent RO began to gain momentum as Mahesh Gupta recognized the power of branding. With the legendary actress Hema Malini as their brand ambassador, their message of “ Kent Ro hi lena” struck a chord with families, emphasizing the importance of safe drinking water. 

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Expanding Production

Their ad campaign paid off, with revenue soaring to ₹250 crore by 2010 and a 45% annual growth rate. The production expanded to a massive facility in Roorkee, Uttarakhand to meet demand. 

By 2015, sales reached 5 lakh units annually, and by 2017, revenue had already crossed ₹950 crore. Kent RO’s distribution network expanded rapidly, with over 600 distributors and 150 franchise outlets.

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Towards Market Domination

By 2023, Kent RO captured 30% of the market share in India, with water purifiers contributing 80% of revenue, toppling giants like Aquaguard.

Even industry heavyweights like HUL and Tata attempted to replicate Kent RO’s technology, but none could match their innovation and brand loyalty.

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A Well-Deserved Recognition 

Their success earned them prestigious awards and recognition, including the Kalaam Innovation Governance Award, the Best Domestic Purifier Award, and a Swachh Bharat Ambassadorship from the Prime Minister himself.

Kent RO continued to innovate, introducing new models and receiving certifications from leading organizations like the National Sanitation Foundation.

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Beyond Water Purifiers

Kent RO has now diversified to offer healthcare products like air purifiers, vegetable cleaners, and kitchen appliances. It aims to ₹2,000 Crore within three years and plans to enter the US market through a partnership with Black & Decker.

With investments in energy-efficient appliances, Kent RO’s commitment to innovation and purity remains unwavering.

Mahesh Gupta’s journey from concerned father to industry leader exemplifies the potential for extraordinary change from humble beginnings.

Also Read: Paid Up Capital Explained

Holi kab hai? Kab hai Holi? Gabbar may have wanted to know this to teach Ramgarh’s folks a lesson, but most of us care for the fun with colors, food, and thandai! Today, water balloons are banned, abeer and gulaal have turned organic (Phew! No more looking like a paint shade card for days because of pakka rang), and we are more conscious about saving water. But these are not the only changes the festival has seen of late. There’s one industry in particular that has grown by leaps and bounds.

For generations, we polished off homemade sweets and savories. However, packaged snacks have taken center stage in the past few decades, transforming the festive foodscape into a billion-dollar business. The packaged sweets market size was ₹6,229.7 Crore in 2023 and will likely reach ₹25,970.8 Crore by 2032, with a CAGR of 16.67%. 

So, how did Holi Snacks go from their humble beginnings in kitchens to become a dominant player in the Indian FMCG kingdom?

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The Era of Homemade Delights

Before the 20th century, the platter was heaped with homemade treats like Gujiya, Malpua, Puran Poli, and Mathri, made with traditional recipes passed down through generations. Nuts and khoya (evaporated milk) symbolized prosperity.

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Gujia – The Sweet of Choice 

Did you know we’ve been polishing off Gujia since the 13th century? Travelers and traders along the Silk Route were influenced by Turkey’s (then Anatolia) Baklava and Kunjia, Central Asia’s Gulla or Samsa (Samosa), and Iran’s pastry Qottab.  These traders from Bundelkhand and Braj returned to India, creating their versions of Gujia. 

The Mughal Empire also shaped the gujia of today, introducing flakiness and experimenting with sweet fillings like khoya and nuts.

Over the years, the people in the North stuffed it with khoya, and those in other parts stuffed it with coconut and jaggery. 

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Holi Special Snacks

The mid-20th century brought local sweet shops catering to festive demands. From  Jalebi-Fafda to readymade thandai and regional favorites like the Bihari pedakiya, Gujarati ghughra, Maharashtra’s Karanji, or the Karjikayi or karigadubu in Karnataka, the markets were flooded with options for the busy families in the country.

That’s how businesses commercialized homemade Holi favorites, albeit on a local scale.

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Thandai – Nectar of the Gods

Bhang-infused Thandai was first offered to Lord Shiva and became popular during Mahashivratri. The first records of Thandai date back to 1000 BC, making it one of the oldest drinks in the country, if not the world.

It’s a drink that offers a cooling effect to the body, hence the name Thandai. The seasonal transition from winter to Spring often weakens the human immune system. Thandai is known to aid immunity while cooling the body. Nifty, isn’t it? 

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The Making of the ‘Holi’ Trinity

By the 19th century, Gujia found its perfect match – Holi.
Its sweet filling represents good’s victory over evil, and the crispy exterior signifies resilience. Thandai is the nectar of the Gods, and the color represents the month of Phagun, the season of Spring. 

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Holi Snacks  

The 80s and 90s saw a significant transformation in the Indian FMCG sector. The arrival of new technologies facilitated mass production and packaging of snacks, leading to a longer shelf life and wider distribution. 

This decade saw the rise of national brands like Haldiram’s and Guruji, which capitalized on the growing demand for convenience and hygiene.

They also offered standard versions of popular Holi treats like Gujia, Kanom Barfi, and Shankarpali, ensuring consistent taste and quality across regions.

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Marketing Genius and Innovations 

The new millennium brought intense competition and innovation to the Holi snack market. Companies like Haldiram’s and Guruji expanded their product portfolios, introducing new flavors, textures, and gifting options. Marketing campaigns featuring vibrant packaging, catchy taglines, celebrity endorsements, and healthy options further fueled the demand. 

Consider this: stores are selling everything from a 1.5 kg Bahubali Gujia in Lucknow to a Kanpur shop selling gold gujia for ₹30,000 per kg and sugar-free Gujias, along with chocolate, fig, mango, rose, and many other fillings.

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The Market of Today

The rise of e-commerce platforms like Flipkart and Amazon offered more distribution channels increasing the reach of these snacks. In 2023, the Indian snacks market size reached ₹42,694.9 Crore. 

The packaged sweets market grew, reaching ₹6,229.7 Crore, considering Tamil Nadu consumes 200 kilos of Gujia daily and a whopping 400 kilos on Holi. At the same time, a Lucknow store sells 500 kilos on the festival day!

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Holi Faves Are Transforming

Consumers are increasingly seeking healthier and more innovative snack options. Companies will likely respond by introducing healthier snack mixes, incorporating regional flavors, and leveraging sustainable packaging solutions. 

Holi snacks have come a long way from their humble origins in Indian kitchens. They now represent a billion-rupee industry and reflect India’s changing social and economic landscape. 

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The Future of Holi Snacks Market

As India continues to urbanize and consumer preferences evolve, the Holi snack market is poised for further growth. It is projected to bring in an expected value of ₹95,521.8 Crore by 2032, with a growth rate (CAGR) of 9.08% during the period from 2024 to 2032, while the sweets market may soar to ₹25,970.8 Crore, at 16.67% CAGR by 2032. 

Of this, the Confederation of All India Traders (CAIT) generated a business of ₹20,000 crores during Holi in 2023, seeing a 30% jump.  

Snacking is so much fun!! It’s a delightful indulgence, whether it’s during your favorite movies, picnics, parties, or even just chilling at home. When your taste buds crave excitement, reaching for that spicy packet in the cupboard can turn your afternoons, evenings, or even nights into something special.

Are you itching to uncover the story behind that colorful pack that occasionally catches your eye? We are sure you’ve often picked up a pack of this Bhujia brand we’re talking about. It’s known not just in India but internationally, too. India alone is in 22 states and ships to almost 35 countries worldwide.

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From Restless Spirit to Culinary Legacy

Shivratan was a young boy with a restless spirit. While others found success in academic achievements, Shivratan found the kitchens and spices were more enticing.

Captivated by the magic of snack-making, his keen interest led him to learn the art of making bhujia from his grandfather, a secret family recipe passed down through generations.

It wasn’t just a recipe; it was a legacy, a taste of tradition waiting to be shared with the world – the taste of Bikaneri Bhujia!

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A Dream and a Secret Recipe

When Shivratan decided to pursue his dream in the late 1980s, large-scale bhujia production seemed like a distant dream. Technology was scarce, and the market was uncharted territory. 

But, Shivratan was determined and believed in the power of his family recipe. He decided to not only create a business but to carve a path for himself away from his family business.

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Bikaneri Bhujia

Fired up by his dream, Shivratan took the plunge in 1987, launching his Bikaneri Bhujia business. He didn’t shy away from rolling up his sleeves, personally pedaling through dusty streets and delivering each packet with his own hands.

It wasn’t just about sales; it was about connecting with his customers, understanding their likes, and ensuring his bhujia found a place in their hearts.

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In A Crowded Marketplace 

The Indian snack market was far from an empty plate. Competition was fierce, and scaling up using traditional methods was difficult.

Yet, Shivratan had faith in his product, so he meticulously maintained the highest quality standards, ensuring every Bhujia was crafted with the finest ingredients.

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Setting up Shivdeep Industries

Shivratan wondered how to meet the growing demand while staying true to his roots?

The answer was the establishment of Shivdeep Industries Ltd. in 1987, which meant shifting to a machine process.  

He embarked on international trips, seeking knowledge and acquiring machinery specifically designed for snack production to meet growing demand while keeping his cherished family recipe intact.

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Bikaji, The Brand Was Born

Shivratan felt that his company’s name didn’t quite capture the essence of Bikaner’s culture. In 1993, he discovered the perfect name for the brand inspired by the city’s founder.

He renamed the brand Bikaji after Prince Bika Rao, the founder of Bikaner. The new name became memorable, linking Bikaneri Bhujia to every consumer. 

Under his leadership, the disorganized Bhujia manufacturing sector transformed into a thriving industry.

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First Export Venture

In 1994, Shivratan decided to export his products to the UAE, marking Bikaji’s first international export venture.

Customers adored Bikaji Bhujia, spreading its fame far and wide. Bikaji became synonymous with irresistible spice and crunch.

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Achievements & Accolades

Bikaji clinched the Rajasthan State Award for Export Excellence in 2008 and followed it up with the Government of Rajasthan State Award for Export Excellence in 2009.

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A Snacking Powerhouse

Today, Bikaji stands tall as India’s top manufacturer of Bikaneri bhujia, spreading its products worldwide, from the Asia Pacific to North America and the Middle East.

With six manufacturing units in India, Bikaji offers a wide array of namkeen, handmade papads, western snacks, and packaged sweets.

Bikaji holds is the second-largest handmade papad producer in India. Their repertoire extends to snacks, such as chips, with an impressive selection of over 30 packaged sweets, including favorites like soan papdi, dry fruit barfi, gulab jamun, rasgulla, and rajbhog.

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The Magic of Star Power

In 2019, Bikaji added star power to its Ads, welcoming Amitabh Bachchan as its brand ambassador, kicking off the awesome “Amitji loves Bikaji” campaign.

Teaming up with the legendary Bollywood icon, Bikaji set out to win over folks from every generation and create a stronger bond with ethnic snacking.

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Bikaji Strengthens Grip on Ethnic Snacks

In a bold move, Bikaji Foods acquired a stake in Bhujialalji Pvt. Ltd., solidifying its position in the ethnic snacks market.

This strategic acquisition and Lighthouse Funds’ recent investment approval from the CCI underscores Bikaji’s impressive growth and bright future within the industry.

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Bikaji Bites into Strong Growth

Bikaji Foods International’s revenue surged 23%, reaching a mouthwatering ₹624 crores compared to last year’s ₹508 crores.

The company’s profit also saw a sweet 15% increase, rising to ₹46 crores in the third quarter, compared to ₹40 crores the year before, fueled by the festive season buying spree.

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Setting New Standards in Snacking

As India’s food and beverage industry feasts on a projected 14.2% annual growth by 2024, fueled by a young, urban population hungry for new experiences, Bikaji is poised to become a major player in the global snacking arena.

Bikaji is not content with simply satisfying appetites; they’re aiming to shake things up in the FMCG (Fast Moving Consumer Goods) sector with their sights set on the world stage.

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Achieving Their Ambitious Goal

Diving headfirst into cutting-edge research and development they seek to secure the finest, premium ingredients, transforming their beloved bhujia recipe into a global phenomenon.

It is not just about expansion; it’s about staying true to their legacy while catering to the ever-evolving preferences of a diverse consumer base.

Bikaji’s journey, from the dusty streets of 1987 to a 13,000 Cr empire, is a testament to their firm dedication to quality and innovation.

Also Read: Top 10 Stock Market Movies to Watch

How often have you stopped yourself from screaming OMG!…WOWWWW at the dazzling displays of Labels like GAP H&M and other brands when you stroll by glitzy malls? Brands that whisper promises of luxury, quality, and a touch of exotic often beyond your budget.

What if we told you that hidden beneath those sleek designs are threads of Indian origin and the unshakeable spirit of a woman named Sarla Ahuja.? A woman who dared to dream beyond societal norms, who defied expectations, building an empire that stands tall at ₹8,244 crores and empowers over 86,000+ women today.

Want to learn how did Sarla Ahuja do it? Read on

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A World Torn Apart

Ten years old, and the world Sarla Ahuja knew shattered. Partition ripped Sarla’s family from their home, leaving them adrift in a sea of uncertainty. Scars etched deep, they crossed the border, carrying the weight of displacement. 

Yet, amidst the ashes, a flicker ignited within young Sarla. It was a whisper of dreams refusing to be extinguished. This is where our story begins.. the beginning of an incredible journey.

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And Motherhood

The odds were stacked against her. But Sarla wasn’t one to bow. She craved more than the confines of domesticity.

Sewing, a skill passed down from her mother, became her first brushstroke on the canvas of her ambition. Motherhood, however, paused the painting.

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Undeterred, she moved forward.

At 22, Sarla Ahuja stepped into a factory, needle in hand, determined to support her family. However, juggling home and work proved too much, and she quit to take care of her home.

But she was not fazed. Saving relentlessly for two years, in 1974, with just ₹5,000, Sarla took the plunge. Standing tall before established exporters, she refused to be silenced, and Shahi Exports was born not in a gleaming office but in the heart of Ranjit Nagar, Delhi.

With export orders flowing in, Sarla employed 15 women from her neighborhood to fulfill a capacity of around 200 pieces daily. 

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Challenges Galore

Sarla Ahuja faced constant complaints from neighbors about workers walking in and out of her home-cum-unit and lounging about drinking tea. 

But Sarla kept going, often handling tasks and working until midnight to finish last-minute orders. Soon, she exported clothes directly to America and Europe using her network! 

She may have toiled in a patriarchal society when women had little independence and power, but she made it her mission to empower women. 

Visiting slums nearby and encouraging women to work with her was challenging. The men wouldn’t let their women work and even threatened Sarla.

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The Next Generation Joins

Sarla Ahuja’s young sons, Harish, and Sunil Ahuja, would help her after she returned from school and college.

Fast forward a few years, and they joined the family business in the ’90s, starting a new chapter. With their foresight, hard work, and export quotas out of the picture, Shahi Exports flourished.

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Beyond Profits, Building Lives

In 2007, Shahi became the first company to pilot the life skills program, Personal Advancement and Career Enhancement (PACE) program by Gap Inc.

It empowers women with communication, time management, decision-making, and financial literacy. 

Over 75,000 women have benefited from the program, contributing to increased productivity and personal growth. 

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Sujata’s PACE Story

Sujatha was a beneficiary of the PACE program. Starting her career as a worker, She was promoted to supervisor. The PACE program helped Sujata excel with her skills and confidence.

Her journey was documented in a GAP video, showcasing the transformative power of the PACE program. 

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Success in Numbers

As of 2023, the home workshop unit has expanded into 51 factories across India, 2 weaving and processing mills, 75 million meters of woven fabric, and 85 million meters of fabric processing capacity.

Shahi Exports serves an extensive clientele, including Walmart, Gap Inc., Abercrombie & Fitch, Zara, PVH, Kohl’s, H&M, Target, and other renowned brands. 

What started with 10 women employees, Shahi Exports boasts a workforce of 86,000 women among its 115,000 employees, accounting for 68% of the total workforce.

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People and Environment First

In its 50+ years, Sarla Ahuja has always placed people and the environment first.

It means creating a unique circular dress under its Cradle-to-Cradle (C2C) concept, which combines science and design to achieve sustainability, minimize environmental impact, and promote durability. 

Sarla’s grandson, Anant Ahuja, the Head of Organizational Development at Shahi, is committed to the company’s sustainable future.  

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Sustainable Future

Shahi envisions supporting the long-term sustainability of the fashion industry by transitioning its operations to run entirely on renewable electricity.

The company has set up two solar power plants in Karnataka with 32 MW and 52 MW capacity, meeting 65% of their electricity needs. They’ve implemented an 8.57 MW wind energy plant in Maharashtra.

Integrating energy from process steam turbines, wind, and solar sources made it carbon neutral for 77% of its electricity consumption.

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Tech-Transformation

Shahi Exports aims to use multi-cloud, AI, and other technologies to improve their key metrics, impacting growth and sustainability.

They have strategically partnered with 10 innovative startups, forming a collaborative force for digital transformation.

They utilize bots employing intelligent process automation to streamline repetitive, rule-based, predictable processes (RRP). 

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The Legacy Continues

Shahi Exports now prioritizes key factors like increasing revenue, managing costs efficiently, minimizing environmental impact, and cultivating positive relationships with all stakeholders. 

At 88, Sarla may have slowed down and retired due to ill health, but her legacy burns bright. Sarla’s grandsons, Anant and Anand, are poised to carry the torch forward, ensuring Shahi’s impact transcends generations.

We always go, ‘Aww!’ at our kids’ drawings and stick them up on the fridge. Whether they are tiny stick figures with big heads or a dog that looks like a potato with sticks for legs, we proudly show them off to anyone and everyone. 

But today, we have the story of someone who started narrating folktales through her wall art when she was just six. The tales were so evocative that other villagers asked her to decorate their homes during festivals. One of the most famous female artists in India today, this Padma Shri 2022 awardee inspires other women in the country. She has a story worth exploring for someone who did not get a formal education. 

If you are wondering who this artist is, Read on to know

Coloring Hardships Away

Growing up in the tiny village of Barbaspur in Madhya Pradesh’s Dindori District wasn’t easy for Durgabai and her five siblings.

Poor harvests often left them hungry, so going to school was out of the question. But amidst these hardships, Durgabai found joy in her grandmother’s stories about the Gond Pardhan community. These tales ignited her passion for art and storytelling.

Finding Happiness in Art

Watching her grandma put the finishing touches on intricate paintings on home walls made Durgabai fall in love with Art. She realized she loved painting floral patterns and animals on village walls as a young girl.

Her mother taught her the ancient art form called “Digna,” which adorned village homes during festivals.

With natural materials like cow dung, white, black, red mud, and turmeric, Durgabai transformed mundane walls into vibrant canvases, earning praise from the villagers during weddings and festivals.

Marriage and Moving Away

Durgabai was just 15 when she married a sculptor, Subhash Vyam. Getting married early wasn’t a good move for women, but marriage became a game-changer for her. Her husband recognized her talent and supported her artistic dreams. 

Subhash was an established artist at the Indira Gandhi Rashtriya Manav Sangrahalaya. In 1996, when they moved to Bhopal with their three kids, it opened many doors for Durgabai. She attended her first artists’ camp, which boosted her confidence even more.

From Walls To Canvas

Her relative, the legendary Gond artist Jangarh Singh Shyam, gave her a creative nudge, pushing her to explore more in her artistic endeavors. So, she shifted from painting on big walls to working with paper and canvas. 

Switching from large spaces to smaller canvases posed a challenge, but Durgabai conquered it. Her artwork exploded with the vibrant hues of nature, telling her community’s stories, myths, and legends while beautifully capturing the essence of her village life.

First Exhibition

Durgabai’s big break came in 1996 when Gond artist Anand Singh Syam got her to exhibit her paintings at Bharat Bhawan in Bhopal.

One of her pieces, featuring young women praying, caught a collector’s eye, and she set off on a journey of art exhibitions across India, including the prestigious Jehangir Art Gallery in Mumbai.

Art With a Message

Durgabai’s art is more than just visuals; they speak about environmental conservation and social awareness. Her art features deities like Ratmaimurkhuri, the guardian of the night, Khero Mata, who fiercely wards off evil, and Chula Dev, the benevolent god who keeps the household ‘chulha’ burning. 

Art Installations Galore

You will find her famous works at many locations across India, including the 200-foot wall at the Indira Gandhi Museum in Bhopal, the Mumbai International Airport, Azim Premji University, Bengaluru, etc.

One of her most prominent works was the 2018 art installation at one of the most popular international exhibitions of contemporary art, the Kochi-Muziris Biennale. 

A New Turn in 2003

Durgabai didn’t just tell stories through her paintings. In 2003, she went to a workshop in Chennai run by Tara Publishing. That’s where her journey into illustrating books began. She worked with various publishers, using her art to tell stories to people of all ages. 

One project that meant a lot to her? Illustrating the book “Bhimayana: Experiences of Untouchability,” which shares the story of Dr. Babasaheb Ambedkar.

Awards and Recognition Galore

Durgabai’s art is well-loved globally. In 2004, she received an award from the Handicraft Development Council. Then, in 2008, she bagged a special prize in Italy – the Bologna Ragazzi Award for illustrating a children’s book titled “The Night Life of Trees.” 

That’s not all; she was awarded the Indira Gandhi National Centre for the Arts Scholarship, the Rani Durgawati Award for excellence in traditional painting, the Katha Chitrakala Runner’s Up Award, and the prestigious Padma Shri in 2022.

Passing On Art To The Next Generation

Durgabai has kept her family’s artistic traditions alive by passing down her art to her children.
Even though she struggled with literacy, she’s determined to ensure her kids get an education.

But it’s not just about school; she’s also teaching them the Gond art forms. Durgabai believes it’s essential to stay connected to their roots, which is their community’s art.

Durgabai Vyam didn’t grow up dreaming of art galleries or international fame. Yet, her art once decorated village walls and now captivates audiences worldwide. As a Gond artist, she’s a strong voice for resilience and empowerment!

Cravings can strike anytime, anywhere. Whether it’s a movie night, a friend’s surprise visit, or the aftermath of a tough day, we’ve all given in to the charm of chips, cookies, and other convenient, yet often unhealthy, snacks. But have we ever stopped considering the hidden costs of these “guilty pleasures” on our health and well-being?

Today, we have the story of a busy professional who was once just like us. Her diet was a minefield of processed snacks, and her love for unhealthy snacking left her feeling sluggish. But unlike most of us who gave in to the cycle, she did something extraordinary. She sparked a revolution, not just in her own life but in the lives of countless others.

Want to know who we are talking about? Read on 

A Dream Childhood Sparked

Raised by a single mother in Bharatpur, Rajasthan, Ahana Gautam’s snacking memories were woven with ghevar and bhujia, a far cry from the processed world she later navigated.

Living in a state with the lowest literacy rates in India, she witnessed the limited opportunities available to girls in her state. So, Ahana set her sights on IIT Bombay just like her brother, as she knew education was her key.

Opposition To Higher Education

Many opposed Ahana’s dreams. Neighbors advised her mother to stop encouraging her daughter, as her son was in IIT already.

However, her mother did not pay heed to the neighbors and encouraged her daughter to chase her dreams.

With her mother’s unwavering support, Ahana Gautam set her sights on IIT Bombay first and later Harvard Business for her MBA.

Entrepreneurship Calling

While at IIT, the entrepreneurial bug bit her. The theatre group and the entrepreneurship cell nurtured her storytelling spirit, igniting a desire to build a brand from scratch.

However, it wasn’t until later that she decided to set up a business from scratch.

The Rude Awakening

While studying at IIT, Ahana’s eating habits remained poor as she resorted to junk, falling sick often. She continued eating at Harvard with a cuppa joe and two croissants.

She did not lose weight despite hitting the gym. The culprit? Her friend pointed out the bread and butter she had for breakfast.

A revelation that made her aware of how unhealthy her diet was.

The Impetus

What’s more, her niece was diagnosed with Type 1 Diabetes at 15 months, and her sister-in-law struggled to find nutritious snacks for her daughter.

At this time, Ahana Gautam realized how unhealthy her diet had been since childhood.

From Frustration to Fuel

As Ahana embraced healthier choices, the transformation was undeniable. A visit to Whole Foods Market in the US, which sold food free of hydrogenated fats, artificial colors, flavors, and preservatives, planted a seed of possibility – why couldn’t such options exist back home?

Two generations facing the same challenge – the lack of healthy, accessible snacks. This dilemma planted the seeds for ‘Open Secret.’

The Quest Begins

In 2018, Ahana returned to Mumbai armed with a mission and a burning question: why were families and professionals still stuck with unhealthy options?

Surveys confirmed what she knew: people craved healthy yet tasty snacks. This and her experience at P&G and General Mills became her compass.

Building a Dream, One Cookie at a Time

2019 Open Secret was born, backed by her mother’s unwavering support and a paid-up capital of Rs. 2 Lakhs. The next nine months were dedicated to crafting the perfect “unjunked” snack. 

Drawing on her past experiences and customer feedback, she focused on replacing maida with nutrient-rich dry fruits and millet, minimizing sugar.

The Journey wasn’t Easy

Whether dealing with contract manufacturers, who invariably were men, or dealing with shopkeepers, retailers, and bankers (again mostly men), Ahana Gautam faced gender bias constantly.

She credits her resilience to her upbringing in a challenging environment and her minority status in a tech institution. It instilled in her the “survival skills and instincts” needed to thrive.

Finding a manufacturing facility prioritizing women workers was a challenge, eventually leading her to set up a factory run by an all-women team. 

Crafting the perfect recipe

Drawing on her consumer insights and feedback from a dedicated group of “Chief Innovation Officers” (mothers!), Ahana cracked the code.

Her “unjunked” cookies replaced maida with nutrient-rich dry fruits and millets, reducing sugar content significantly. The taste was just as good, if not better.

The Bestseller Is Born

It took nine months and 1,000 cookies, but the first bestseller, the nutty cookie, was born. But manufacturing presented another challenge.

This unique product required a customized assembly line, a task Ahana Gautam tackled with her engineering skills and also worked to increase the shelf life of her cookies.

Strategic Planning to the Rescue

Finally, in January 2020, Open Secret launched online and offline. Free trials, strategic placement in stores, and blind taste tests helped spread the word.

Their USP? Replicating the taste of junk food without the guilt, fulfilling cravings the healthy way.

Pandemic Strikes

The chaos of COVID-19 was totally unexpected. But Ahana, a fighter at heart, pivoted to online channels, thriving under the “essential goods” category.

A cooling system breakdown? No problem. Her refrigerator from home saved the day!

Open Secret Grows Stronger

Selling over 10 lakh cookies and expanding to over 30 products, from chips and dry fruits to chocolates and cereals, it became a brand to reckon with. 

Today, they’re present across major online platforms like Amazon, and Flipkart, their website, and quick commerce chains like Zepto, Blinkit, and Big Basket.

The products are selling like hotcakes at supermarkets, and they’ve partnered with other healthy brands.

On-track With Growth

The company is well on track to reach Rs 100 crore this year, aiming for a Rs 10,000 crore future. 

Ahana’s fearlessness and leadership qualities have won over investors like Avnish Bajaj, who prioritize founder potential over market trends.

The Secret Ingredient: Women

But Ahana’s vision extends beyond taste. She believes in empowering women. Her factory has become a haven for female employees, employing more than 200 women.

With over women accounting for 50% of the workforce, she challenges the status quo in a male-dominated industry. This dedication to inclusivity has become a cornerstone of Open Secret’s identity. 

A Legacy of Change

Open Secret, is Ahana’s love letter to her single mother, who showed her daughter that nothing is impossible. “It is an ‘open secret’ that we are who we are because of our mothers,” says the proud daughter, dedicating her brand to all mothers.

So, the next time you reach for a snack, remember Ahana’s story. Remember that a “convenient” bite doesn’t have to come at the cost of your health.

This Women’s Day, let’s celebrate the spirit of Ahana Gautam, the unjunking of snacks, and the power of women to create a healthier, more equitable world, one delicious bite at a time.

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What is an Investment Advisory Firm?

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.

An investment advisory firm is a company that helps investors make decisions about buying and selling securities (like stocks) in exchange for a fee. They can advise clients directly or provide advisory reports and other publications about specific securities, such as high growth stock recommendations. Some firms use both methods, like Research & Ranking, India’s leading stock advisory company, specializing in smart investments and long-term stocks since 2015.