“Then what will Flipkart and Amazon do? Wait till the category becomes large enough. Then they will open one more tab and you will be wiped out. And we have seen enough examples of that happening across fashion, across baby products.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
“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.…”
K. GaneshJan 31, 2025▶ 17:0675 Minutes Of Pure Business Insights From The Man Behind BigBasket, BlueStone & HomeLane
AssertionSupported
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”
K. GaneshJan 31, 2025▶ 55:2775 Minutes Of Pure Business Insights From The Man Behind BigBasket, BlueStone & HomeLane
Insight
Ganesh: Effort to Collect One Rupee Equals Collecting One Hundred Rupees
“The effort involved in collecting one rupee, I would argue the same as the effort involved in collecting hundred rupees.”
K. GaneshJan 31, 2025▶ 1:00:2975 Minutes Of Pure Business Insights From The Man Behind BigBasket, BlueStone & HomeLane
Opinion
There Is No 'Twitter of India' Because Twitter Owns the Network
“Koo is a great product, great founders, ok. I would love to see them succeed, but there is no Twitter of India. Twitter of India is Twitter. Same thing with Facebook.”
K. GaneshJan 31, 2025▶ 1:14:0175 Minutes Of Pure Business Insights From The Man Behind BigBasket, BlueStone & HomeLane
Insight
Ganesh: Hyperlocal Sourcing Defends Online Grocery Against Horizontal Giants
“Grocery because there is a lot of local sourcing and it's more hyper local than a typical Amazon Flipkart, which is large warehouse national distribution.”
K. GaneshJan 31, 2025▶ 12:4275 Minutes Of Pure Business Insights From The Man Behind BigBasket, BlueStone & HomeLane
AssertionPartly supported
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.”
K. GaneshJan 31, 2025▶ 21:2675 Minutes Of Pure Business Insights From The Man Behind BigBasket, BlueStone & HomeLane
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