#Indian entrepreneurship

[thelegendsstories]

Sridhar Pinnapureddy is an Indian entrepreneur and the founder of CtrlS Datacenters, a leading data center services provider in India. His success story is an inspiration to many aspiring entrepreneurs.

Sridhar Pinnapureddy was born in a small village in Andhra Pradesh, India. He graduated with a degree in computer science engineering from Jawaharlal Nehru Technological University, Hyderabad. After graduation, he worked for several IT companies, including Microsoft, before starting his own venture.

In 2007, Sridhar founded CtrlS Datacenters with the aim of providing world-class data center services to Indian companies. He invested his own savings into the venture and started with a single data center in Hyderabad. Sridhar's vision was to create a data center that could provide 99.995% uptime, a level of service that was not available in India at that time.

Under Sridhar's leadership, CtrlS Datacenters grew rapidly, expanding to other cities in India, including Mumbai, Chennai, and Delhi. Today, CtrlS is one of the leading data center services providers in India, with a customer base that includes some of the largest companies in the country.

Sridhar's entrepreneurial spirit and commitment to innovation have earned him numerous awards, including the Entrepreneur of the Year award at the Indian Affairs India Leadership Conclave in 2016.

Sridhar's success story is a true testament to the power of hard work and perseverance. His vision and dedication to providing world-class data center services in India have transformed the industry and made a significant impact on the country's economy.

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Navishkar 2024: XLRI and NRIIC Join Forces to Boost Entrepreneurship in East India

Navishkar 2024 grand finale showcases innovative startups and fosters entrepreneurial spirit The collaboration between XLRI and NRIIC aims to invigorate the startup ecosystem in Jharkhand and eastern India. JAMSHEDPUR – A two-day startup extravaganza, which highlights entrepreneurial talent from across India, is the culmination of an innovative partnership between XLRI’s XCEED and NRIIC. The…

[gazetteweekly]

Pernia Qureshi: A Multifaceted Journey in Fashion and Entertainment

Who is Pernia Qureshi?

Pernia Qureshi is a dynamic figure renowned for her contributions to fashion, style, and entertainment. Hailing from Pakistan, she ventured into the realms of fashion, cinema, and entrepreneurship, leaving an indelible mark on the industry.

Fashion Entrepreneurship:

In 2012, Pernia embarked on her entrepreneurial journey by launching Pernia’s Pop-Up Shop, an e-commerce platform revolutionizing access to Indian fashion. This venture democratized high fashion, offering curated designer collections to a broader audience. Recently, she expanded her footprint with Saritoria, promoting sustainability and conscious consumption through preloved fashion.

A Professional Dancer:

Beyond business, Pernia Qureshi is a trained Kuchipudi dancer, showcasing her dedication to Indian classical arts. Despite managing multiple ventures, she passionately pursues her love for dance, captivating audiences with her performances.

Stylist to the Stars:

Pernia’s talent transcends entrepreneurship, as evidenced by her stint as a stylist for Bollywood film “Aisha,” epitomizing elegance and sophistication on screen. Her keen eye for fashion and impeccable sense of style have earned her recognition as one of the industry’s leading influencers.

Acting Debut:

In 2015, Pernia ventured into acting with her debut in “Jaanisaar,” portraying the role of Noor Bano Begum. Her performance resonated, showcasing her versatility as an artist. Pernia seamlessly transitioned from behind the scenes to the forefront of cinema, captivating audiences with her on-screen presence and acting prowess.

Continued Impact:

Pernia Qureshi’s journey is a testament to her versatility and determination, inspiring countless individuals across fashion, entertainment, and beyond. Her innovative approach to fashion entrepreneurship, coupled with her artistic pursuits, continues to shape and redefine the industry. Whether on the runway, on screen, or in business, Pernia remains a trailblazer, continually pushing boundaries and setting new standards of excellence.

[livewellnews]

Ghazal Alagh : Co-founder of Mamaearth and Advocate for Women Entrepreneurship

Ghazal Alagh is a pioneering entrepreneur and the co-founder of Mamaearth, a leading Indian company specializing in organic and toxin-free baby care products. Her journey from a corporate professional to a successful entrepreneur is an inspiring story of determination, innovation, and resilience.

Early Life and Career

Ghazal’s entrepreneurial journey began when she and her husband, Varun Alagh, identified a gap in the market for safe and natural baby care products. Motivated by their belief in the business idea and their passion for providing better care options for children, they decided to quit their jobs and dive into the world of entrepreneurship. This bold decision marked the beginning of Mamaearth, which has since become a trusted name among parents across India.

Challenges and Solutions

As a woman entrepreneur, Ghazal faced numerous challenges, particularly in managing work-life balance while being a parent. She emphasizes the importance of seeking help and support, whether for raising a startup or a child. According to Ghazal, asking for help is crucial and there is no shame in it.

Supportive Policies at Mamaearth

At Mamaearth, Ghazal has been instrumental in creating a supportive and inclusive work environment for women. The company has implemented women-friendly HR policies, including flexible working hours and mentoring support, to encourage women to advance in their careers while maintaining a healthy work-life balance.

Balancing Home and Work

Ghazal believes that support is essential for working women to manage both home and work effectively. She advises women to trust someone reliable to take care of their children while they focus on their careers. Additionally, she stresses the importance of dedicating time to family when at home and ensuring to carve out some personal time for oneself.

The Value of Female Co-founders

Ghazal strongly advocates for having female co-founders in businesses. She believes that women are inherently skilled at taking calculated risks and considering long-term goals, attributes that are vital for business success. She compares the role of a mother to that of a CEO, managing various aspects of the household, which parallels the competencies needed to run a business.

Government Support and Suggestions

Ghazal acknowledges the efforts made by the Indian government to support women entrepreneurs through various schemes such as Mudra Yojna, Annapurna Scheme, and Mahila Udyum Nidhi Scheme. However, she points out that women in India often face socio-cultural barriers and lack of financial support, which can hinder their entrepreneurial ambitions.

Addressing the Gender Gap in Entrepreneurship

Ghazal is aware of the low representation of women in the Indian startup community. She attributes this to socio-cultural barriers, living in a male-dominated society, and the lack of financial support. Despite these challenges, she encourages women to trust in their abilities and ideas, seek support, and draw inspiration from successful women entrepreneurs.

Advice to Aspiring Women Entrepreneurs

To women aspiring to become entrepreneurs, Ghazal’s advice is straightforward: trust yourself and your ideas. She emphasizes the importance of building a supportive network and seeking inspiration from other successful women in the field.

Through her journey and achievements, Ghazal Alagh continues to be a beacon of inspiration for women aspiring to break barriers and make their mark in the world of entrepreneurship. Her story is a testament to the power of resilience, support, and belief in oneself.

[entrackrme]

WROGN, a men’s apparel brand, has secured Rs 125 crore ($15 million) in funding from TMRW House of Brands, owned by Aditya Birla Group. This investment grants TMRW a 16% stake in WROGN, valuing the company at approximately $105 million. Founded in 2014 by Anjana and Vikram Reddy, WROGN focuses on casual wear endorsed by cricketer Virat Kohli. The funding aims to bolster WROGN’s presence on platforms like Myntra, expand offline stores, and enhance its direct-to-consumer operations. Despite a recent slowdown in growth, WROGN targets revenue of Rs 1,500 crore over the next 5 years. TMRW’s investment expands its portfolio to eight Indian fashion brands, reflecting a strategic move in India’s burgeoning $110 billion fashion and lifestyle market.

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[kunaljainblog]

देश की प्याऊँ और बचपन की याद।

अपने देश की मिट्टी, पानी और हवा में मिलावट हो ही नहीं सकती। प्याऊँ इन तीनों तत्वों का अभिन्न संगम होता है। यह देखकर बचपन की एक याद ताजा हो गई। #nripost #kunaljain #pyaun

अपने देश की मिट्टी, पानी और हवा में मिलावट हो ही नहीं सकती। प्याऊँ इन तीनों तत्वों का अभिन्न संगम होता है। यह देखकर बचपन की एक याद ताजा हो गई। पता नहीं कितने लोग है यहाँ जो ८० के दशक में बड़े हुए है । हम साइकिल से स्कूल जाते थे , भयंकर गर्मी होती थी, कोई हेलमेट नहीं , चश्मे नहीं सिर्फ़ नंगी आँखें। हम १०-१२ किलोमीटर बेफिक्र हो के बेधड़क साइकिल चला के स्कूल पहुँच जाते थे और फिर दिन के २ बजे वापिस…

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PM Modi Champions Startups and Wealth Creation: A Commitment to Growth

Prime Minister Narendra Modi recently emphasized his government’s dedication to encouraging startups and wealth creation in India. Responding to praise from various startup founders and business leaders, Modi highlighted the supportive environment the Bharatiya Janata Party-led administration is fostering for entrepreneurship and innovation.

Praise from Industry Leaders

In a series of posts on social media platform X (formerly Twitter), Modi responded to comments made by top executives from companies like Zomato, Urban Company, Mamaearth, and MapMyIndia at an event hosted by Cabinet Minister Hardeep Singh Puri. The event also saw the participation of Minister of State for Electronics & Information Technology, Rajeev Chandrasekhar, where leaders in the startup ecosystem commended the government’s efforts in promoting technological innovation and manufacturing.

Encouraging Entrepreneurship

Highlighting the story of Zomato’s founder, Deepinder Goyal, Modi praised his journey from a small-town background to creating a successful business. “In today’s India, one’s surname doesn’t matter. What matters is hard work,” Modi posted. Goyal had previously remarked that despite initial doubts, the government’s initiatives allowed him to build Zomato, which now employs thousands.

Similarly, Modi applauded Mamaearth founder Varun Alagh, who, along with his wife, built their company from scratch with government support. “Keep up the great work and continue to inspire others with your success, Varun! Our government actively encourages startups and wealth creation,” Modi wrote.

Support for Homegrown Talent

Urban Company’s founder, Abhiraj Singh Bhal, praised the government’s role in helping build a skilled workforce and supporting the Startup India initiative. In response, Modi acknowledged the impact of the initiative on fostering innovation and growth.

Unlocking Strategic Sectors

MapMyIndia CEO Rohan Verma highlighted the government’s efforts in opening up strategic sectors like space, geospatial, and defense. Modi responded by emphasizing the global recognition of India’s strides in the space sector and the government’s commitment to transforming these crucial areas.

Venture capital leader Rajan Anandan also praised the opening of strategic sectors, noting the spurred innovation in aerospace, space, and defense. Modi responded by affirming the government’s support for innovators and wealth creators.

Boosting Manufacturing

Sunil Vachani, Chairman of Dixon Technologies, praised the government’s policies for transforming India’s electronics and mobile phone industry. He highlighted the shift from importing to producing $100 billion worth of electronic products, with significant contributions to exports. Modi agreed, noting the remarkable transformation and proactive steps taken in recent years.

Conclusion

Prime Minister Narendra Modi’s responses reflect a strong commitment to creating an environment where startups and wealth creation can thrive. The government’s efforts in supporting innovation, unlocking strategic sectors, and boosting manufacturing are paving the way for India’s economic growth and global recognition.

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[globallaunchbaseindia]

Space Technology Opportunity in India

Written By: Jagriti Shahi

Introduction:

Entrepreneurship in space technology in India has been gaining momentum in recent years. The Indian government has been actively promoting the development of the space sector, and private companies are playing an increasingly important role.

As the nation liberalizes its space sector, a diverse array of players are contributing to the burgeoning space ecosystem. Entrepreneurs are venturing into satellite manufacturing, pushing the boundaries of launch services, delving into space exploration, and exploring innovative solutions for satellite-based communication. The landscape is further enriched by collaborative efforts between private entities, government agencies, and academic institutions, fostering a dynamic environment for research and development.

In this context, it's crucial to explore the challenges and opportunities that define the entrepreneurial spirit in India's space technology sector. Regulatory hurdles, infrastructure development, and the need for sustained investments are among the challenges that entrepreneurs face. However, with increasing investor interest, a robust policy framework, and a commitment to fostering innovation, India's entrepreneurial ventures in space technology are poised to shape the nation's narrative in the cosmic domain. This dynamic interplay of public and private entities is not only propelling India's space capabilities but is also contributing to the global discourse on the commercialization and exploration of space.

Here are some key aspects of entrepreneurship in space technology in India:

Government Initiatives:New Space Policy: The Indian government has introduced policies to encourage private sector participation in space activities. The New Space India Limited (NSIL) was established to promote, commercially exploit, and transfer technologies developed by the Indian Space Research Organisation (ISRO).Liberalization: The government has liberalized the space sector, allowing private companies to undertake a wide range of space-related activities, including satellite launches, space exploration, and satellite communication services. (ISRO) Initiatives: Antrix Corporation: Antrix is the commercial arm of ISRO, and it collaborates with private players for the commercialization of space-related products and services.: SEED is a program initiated by ISRO to promote startups in the space sector by providing them with opportunities for collaboration and technology transfer.: NSIL is a central public sector enterprise (CPSE) under the Department of Space. It plays a crucial role in commercializing space products, technical consultancy services, and transfer of technologies.: ISRO has been actively engaging with startups, providing them access to its facilities, expertise, and technology.: The Department of Space in India oversees the country's space program. It may introduce schemes and programs to support space technology startups and entrepreneurs. (AIM): AIM, a flagship initiative of the NITI Aayog, supports innovation and entrepreneurship in various sectors. It may have programs and funding opportunities that space technology startups can explore. (NIF): NIF supports grassroots innovations and may provide support to startups working on innovative space technologies.

Private Space Companies:Startups: Several startups in India are focusing on various aspects of space technology. Some are involved in satellite manufacturing, launch services, data analytics from space, and more.Launch Services: Companies like Agnikul Cosmos, Skyroot Aerospace, and Pixxel are working on developing small satellite launch vehicles to provide cost-effective and flexible launch options.

Space Exploration and Research: Interplanetary Missions: ISRO has been actively involved in space exploration, and private companies are expressing interest in participating in future interplanetary missions.Research and Development: Private entities are engaging in research and development activities, contributing to advancements in satellite technology, propulsion systems, and other space-related technologies.

Satellite Manufacturing:Private Satellite Manufacturers: Companies like Exseed Space and Bellatrix Aerospace are involved in the manufacturing of satellites, catering to various purposes such as communication, Earth observation, and scientific research.

Communication Services:Telecommunication Satellites: Private companies are exploring opportunities to provide satellite-based communication services. This includes both broadband internet services and other communication solutions.

Funding and Investments:Investor Interest: The space technology sector in India has attracted attention from investors. Funding rounds for space startups have been on the rise, indicating confidence in the potential growth of the industry.

Collaborations and Partnerships:

Industry-Academia Collaboration: Partnerships between private companies, government organizations, and academic institutions are fostering innovation and research in the space sector.

The Indian space technology ecosystem is evolving, and with continued government support, entrepreneurial ventures in space technology are expected to play a crucial role in shaping the future of the Indian space industry.

The number of space tech startups in India has witnessed explosive growth, increasing by almost five times in just five years. Investments in the sector have also seen a sharp rise, from $17 million in 2019 to an estimated $124.7 million in 2023.

Commercialization of Space Activities: With India's proven track record in satellite launches and space technology, there is a substantial potential for the commercialization of space activities. The burgeoning demand for satellite-based services, including communication, arth observation, and navigation, opens up opportunities for private entities to actively participate in the space industry. As the cost of space access continues to decrease, private companies can explore ventures such as satellite manufacturing, space tourism, and satellite-based applications, contributing to economic growth and job creation.

International Collaborations: Collaborations with other space-faring nations present a promising avenue for India to augment its space capabilities. Joint ventures, knowledge exchange, and technology transfer can accelerate innovation and enhance the efficiency of space missions. ISRO has already established itself as a reliable partner for international launches, and expanding collaborative efforts can lead to shared resources, reduced costs, and a more diversified approach to space exploration. As India continues to engage in global partnerships, it can leverage collective expertise for ambitious endeavors beyond Earth's orbit.

Innovation in Space Technology: Investments in research and development (R&D) can catapult India into the forefront of space innovation. Emphasis on cutting-edge technologies such as artificial intelligence, advanced materials, and propulsion systems can revolutionize space missions. The development of reusable launch vehicles, like the ongoing efforts in creating a Reusable Launch Vehicle (RLV), can significantly reduce launch costs, making space exploration more sustainable. Encouraging a culture of innovation, fostering collaboration between academia and industry, and providing incentives for R&D initiatives can fuel breakthroughs in space technology.

Space Applications for Sustainable Development: Leveraging space technology for sustainable development on Earth is an untapped frontier. Utilizing satellite data for precision agriculture, disaster management, environmental monitoring, and resource mapping can contribute to addressing pressing global challenges. By integrating space-based solutions into sectors such as agriculture, healthcare, and urban planning, India can harness the power of space technology for inclusive and sustainable development, bringing tangible benefits to its citizens and contributing to global initiatives.

Expansion of Interplanetary Exploration: Building on the success of Mars Orbiter Mission (Mangalyaan), India has the potential to expand its interplanetary exploration efforts. Initiatives for exploring other celestial bodies, such as Venus or asteroids, can contribute to humanity's understanding of the solar system and beyond. A strategic focus on ambitious interplanetary missions can position India as a key player in the broader scientific community and foster international collaboration in the exploration of the cosmos.

Trending Technologies in India's Space Industry:

Nanotechnology: The integration of nanotechnology in space technology has the potential to revolutionize spacecraft design, materials, and instrumentation. Nanosatellites, with their miniaturized components, are becoming increasingly popular for cost-effective and innovative space missions. India can leverage nanotechnology for lightweight yet robust spacecraft, enhancing mission efficiency and scientific capabilities.

Companies: Nano-Tech SpA, Kalva Nanotech

Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are playing a pivotal role in data analysis, image processing, and autonomous decision-making in space missions. India can explore AI applications for real-time data interpretation, automated navigation, and predictive maintenance of spacecraft. Incorporating machine learning algorithms into Earth observation data analysis can significantly enhance the understanding of environmental changes.

Companies: Aadyah Aerospace, Blue Sky Analytics

Quantum Computing: Quantum computing holds the promise of solving complex computational problems beyond the capabilities of classical computers. In the space sector, quantum computing can be utilized for optimizing mission trajectories, simulating quantum systems, and enhancing the security of communication channels. India's focus on quantum computing research can contribute to advancements in space-related computations.

Companies: QpiAI, BosonQ

3D Printing/Additive Manufacturing: The adoption of 3D printing in space technology can revolutionize the manufacturing process, enabling the production of complex and lightweight structures. India can benefit from 3D printing for rapid prototyping, cost-effective manufacturing of satellite components, and even on-demand production during long-duration space missions.

Companies: Agnikul Cosmos, EOS India

Blockchain Technology: Blockchain technology offers secure and transparent data management, making it applicable to space-based applications such as satellite communication, data storage, and secure information sharing. By incorporating blockchain, India can enhance the security and integrity of space-related data and transactions.

Companies: SpaceTime Labs, Aryaka Networks

Solar Sail Technology: Solar sails, propelled by the pressure of sunlight, offer a sustainable and efficient means of propulsion for spacecraft. This technology can be harnessed for deep-space exploration, enabling missions to travel vast distances with minimal fuel requirements. India's exploration programs can benefit from research and development in solar sail technology for extended-duration missions.

Companies: Indian Institute of Space Science and Technology (IIST), IIT Bombay - Aerospace Engineering Department

Hyperspectral Imaging: Hyperspectral imaging involves capturing a wide range of wavelengths in the electromagnetic spectrum. This technology is instrumental in Earth observation, resource mapping, and environmental monitoring. India can explore the integration of hyperspectral imaging in its satellite payloads for enhanced remote sensing capabilities.

Companies: Pixxel, Paras Defence & Space Technologies Ltd

Internet of Things (IoT) for Space: The application of IoT in space technology involves connecting devices and sensors on satellites and spacecraft to gather and transmit data. This interconnected network can facilitate efficient communication, data collection, and collaborative decision-making during space missions. India can explore IoT applications for enhanced space situational awareness and mission coordination.

Companies: Agnikul Cosmos

As India looks to the future, embracing these trending technologies will be crucial for maintaining its competitive edge in space exploration and satellite technology. By actively incorporating these innovations into its space programs, India can not only enhance mission success but also contribute to the global advancement of space technology. Collaborations with research institutions, startups, and the private sector will play a vital role in driving these technological advancements in India's space industry.

Challenges and the Way Forward:

Despite its successes, India's space program faces challenges such as increased competition, budget constraints, and the need for continuous innovation. To overcome these challenges, sustained government support, collaboration with private entities, and a focus on skill development in the space sector are crucial.

Increased Global Competition: The space industry is becoming increasingly competitive with the emergence of new players and the commercialization of space activities. To stay ahead, India must continuously innovate, streamline its processes, and invest in cutting-edge technologies. Developing a robust ecosystem for space startups and fostering public-private partnerships can enhance India's competitiveness in the global space market.

Budget Constraints: Despite commendable achievements, budget constraints pose a challenge for sustaining and expanding India's space endeavors. A consistent and increased allocation of funds to ISRO, along with exploring innovative funding mechanisms, will be crucial. Engaging with the private sector for joint ventures and commercial space activities can help alleviate financial constraints and promote economic sustainability in the long run.

Human Resource Development: The growth of India's space program necessitates a skilled workforce capable of handling complex missions. Investing in education and training programs in collaboration with academic institutions can ensure a steady supply of skilled professionals in fields such as aerospace engineering, astrophysics, and data sciences. This will not only address the current workforce requirements but also fuel future innovations in space technology.

Technological Advancements: Rapid technological advancements globally require India to stay at the forefront of innovation. Embracing emerging technologies such as artificial intelligence, quantum computing, and advanced propulsion systems will be essential. Establishing research and development centers dedicated to space technology innovation can facilitate the integration of these advancements into future missions.

Space Debris Management: The increasing number of satellites and space missions contribute to the growing issue of space debris. India needs to actively participate in international efforts to address space debris management, adopting sustainable practices in satellite design and end-of-life disposal. Research into debris removal technologies and international collaboration on space traffic management will be pivotal in ensuring the long-term sustainability of space activities.

Climate Change Monitoring: With the rising global concerns about climate change, space technology plays a crucial role in monitoring environmental indicators. India can take a leadership role in developing satellite-based solutions for climate monitoring, disaster response, and sustainable resource management. This requires a dedicated focus on Earth observation satellites, advanced sensors, and data analytics.

Enhanced Space Diplomacy: Strengthening space diplomacy is essential for India to expand its global influence in the space arena. Engaging in collaborative space missions, sharing scientific knowledge, and participating in international forums will enhance India's standing as a responsible space-faring nation. Forming strategic partnerships with countries interested in space exploration can open up new avenues for cooperation and joint missions.

Conclusion:

India's journey in space technology has been nothing short of remarkable, with ISRO consistently pushing the boundaries of innovation. As the nation continues to invest in space exploration, the opportunities for growth, collaboration, and technological advancements are boundless. The future holds exciting possibilities for India's space technology sector, positioning the country as a key player in the global space community.

About Global Launch Base:

Global Launch Base helps international startups expand in India. Our services include market research, validation through surveys, developing a network, building partnerships, fundraising, and strategy revenue growth. Get in touch to learn more about us.

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[its-poojagupta-shree]

Financial empowerment is a critical aspect of women's overall empowerment and well-being. In India, where gender disparities persist, it is essential to promote financial independence and security for women. This blog aims to shed light on the significance of financial empowerment for Indian women, discuss key strategies, highlight available resources and opportunities, and emphasize the transformative impact it can have on women's lives.

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Young Innovators Set to Shine at XLRI's Navishkar 2024 Finale

XLRI to host India’s largest youth innovation event on July 29-30 Jamshedpur prepares to welcome top young innovators from across India for a groundbreaking showcase of creativity and entrepreneurship. JAMSHEDPUR – The city of Jamshedpur is abuzz with excitement as XLRI, the ace management institute of India, prepares to host the grand finale of Navishkar 2024. This would be a nationwide…

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Radhakishan Damani's Investment Secrets: A Deep Dive into His Portfolio

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Who is Radhakishan Damani? Radhakishan Damani is a prominent Indian investor who has made a name for himself in the investing world by following a disciplined and value-oriented investment approach. Damani is the founder of Avenue Supermarts, which operates DMart, India’s largest retail chain. He is widely regarded as one of the most successful investors in India and has amassed a significant…

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