Cost Structure of Life Insurance Companies
Major Cost Groups of Life Insurance Companies (A) Insurance Claims These are the “Benefits paid” by life insurance company on occurrence of various events triggering the payouts by the company. It includes: Payouts on surrenders; Amounts paid when policy holders surrender the policies prior to the policy term i.e. complete exit of the policy Payouts […]
Oyo Rooms: Major Events to $5 Billion Valuation
Introduction Oyo is an acronym which means on your own. It is an online platform for hotel room booking. Traveller and tourists can book their room in just 1 minute and with 3 clicks on the platform. Booking is available on the website and mobile app. Not just providing hotel room booking, it is into […]
HDFC Life: Another Multibagger from HDFC Group?
HDFC Life is among the top 3 private life insurance companies in India. The company continues to consolidate its stronghold across various segments of policies issued in a year.
Swiggy: $3.3 billion Food Delivery Startup
Introduction Swiggy is an online food search and food delivery startup platform. Sriharsha Majety, Nandan Reddy and Rahul Jaimini established Swiggy in August, 2014 in Koramangala, Bengaluru. Flipkart, which is a successful Indian startup took six years to become Unicorn and on the other hand Swiggy became Unicorn in less than four years. Swiggy is […]
Edelweiss Business Model & Outlook
(A) Introduction Edelweiss Group is an investment and financial services group based in Mumbai. The parent company of the group is Edelweiss Financial Services Ltd. Rashesh Shah is the Co-founder, Chairman and Chief Executive Officer (CEO) of the Edelweiss Group. He is MBA from Indian Institute of Management (IIM), Ahmedabad (1989). He went to work […]
Star Cement: North Eastern cement giant
(A) Introduction Star Cement is the largest cement player in North East with a market share of over 23%. The company was the first to commission a cement unit in North East India. The company is promoted by Mr Sajjan Bhajanka, Mr Sanjay Agarwal, Mr Rajendra Chamaria and Mr Prem Kumar Bhajanka. The company has […]
Zomato story: Change is inevitable for growth
Zomato is a food-tech startup which provides services like searching of restaurants, exploring menus, booking a table, food delivery at doors and checking the online delivery status. Introduction Not only useful for restaurants without their own online presence but for restaurants wanting to expand their customer base, Zomato has been able to create its own […]
HDFC : Remarkable Growth Story
HDFC Group History & Major Events The story of HDFC began with the incorporation of ‘Housing Development Finance Corporation Ltd as India’s first retail housing finance company in the year 1977. In order to provide long-term finance to middle & lower income individuals as well as corporations for the construction & purchase of residential houses […]
Balkirshna Industries: A Global Tyre Giant
(A) Introduction Balkrishna Industries Ltd, popularly known as BKT is India’s largest off-highway tyre manufacturer with the global presence. The company was founded by Mahabir Prasad Poddar who also founded Siyaram Poddar group along with his brothers Dhara Prasad Poddar & Ram Prasad Poddar. Currently the company is being managed by the second and third […]
The Hero Group (Munjals’) Business Empire
The Hero Group History The journey for the Hero Group began when Brijmohan Lall Munjal started as a bicycle maker along with his three brothers Om Prakash Munjal, Dayanand Munjal and Satyanand Munajal in the 1940s. The group officially came into existence in 1956. 1968- Tragedy struck the Munjal family with the death of Dayanand Munjal- […]