The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Noel Tata Rejected BigBasket, Claiming Nobody Buys Groceries Online
“We went and met Noel Tata at that time. Trent. So for this, he said, listen, people will buy books and all the stuff, grocery, nobody's going to buy online. That is, those are his words. So he rejected investing in our business because we are looking for this.…”
Doubtnut Declined a $150M Byju's Offer Before Selling for $10M
“And obviously you've heard all the stories about how they were offered one, fifty million by uses and acquisition. And finally they got sold for ten million and all that stuff”
Ascent Capital's BigBasket Investment Returned More Than Its Entire Fund
“Rather, I mean, they returned more than the fund, and as it so happened, the infrastructure and other sectors went down. This is a, one of the best dream returns for a fund.”
Education Is India's #2 Discretionary Spend, But #7 in the US
“In India, Next to grocery. I mean, house expenses are not considered. Assume you're living in house. Next to grocery, education is where the parents have the maximum propensity to spend their discretionary money on. Second, same thing in US. It is seventh prop…”
Ganesh: Fewer Than 5% of Freemium Users Typically Monetize
“Typically less than five percent of the freemium users actually monetize.”
Ganesh: Quick commerce is here to stay permanently despite discount cuts
“Lot of it driven by discount, but that'll, that has been keeping on, will reduce. But this is a change in consumer behavior phenomena, which has been, which has caught lot of us by surprise. But now it's here to stay. There is no, no, this one, No, no, no ques…”
Ganesh: BigBasket co-founders previously operated 300 physical Trinetra grocery stores
“Hari Menon can take a bunch of rice in his hand and tell you what the quality is, because they ran actually 300 Trenetra stores, physical brick and mortar grocery stores.”
Ganesh: Ascent Capital broke its mandate to invest in BigBasket
“Ascent Capital is a private equity fund. They have never done a, written the first check. They have never written in a startup check. They have not done an e-commerce company, focused primarily on real estate and infrastructure, large later stage ticket sizes,…”
Ganesh: Tata owns 66% of BigBasket with 33% held by founders and investors
“Tata's now own 66% balance. 33% is held by us, by founders and by as I send capital a bit and much later stage investors.”
Ganesh: BlueStone Makes Money on Every Single Order
“Bluestone, for example, is a different example where you make money on a per unit basis, obviously every time. There the question is of when to reach profitability, but each order is positive.”
HomeLane Averages 7 Lakh Rupee Orders with 40% Gross Margins
“Homeline, for example, each order is positive. Typical order value is six and a half, seven lakhs. There's a 30 to 40% gross margin on that particular order.”