Mubaashir Ansari interviews Hari Menon, Co-Founder & CEO, Big Basket
Corporate India is a melting pot of several spectacular achievements. We may not have the likes of Elon Musk, Mark Zukerberg or Jack Ma but India will soon be there.
Internet led businesses are yet to become profitable but the media hype and the valuation game is not a true reflection of the state of the online business.
Hari Menon’s though is a remarkable story. While many e-grocers in the past have fallen by the wayside Big Basket has put paid to two of the biggest challenges that corporate India loves to talk about: one is harnessing the potential of rural India and the other is the poor infrastructure and connectivity in the country. Big Basket has not only mastered logistics and supply chain but is also helping thousands of farmers realizing a better price for their produce helping transform rural India.
Hari is an unassuming man going about his business quietly and diligently. In a frank and a perceptive interview Hari unravels his personality. A brilliant, communicative, yet media shy, Hari is today the most successful e-grocer in the world who has not only built a robust business but has made significant rural and social impact and generated employment.
So, was it really Hari who created Big Basket or is it the other way around? Read on…
You have been one of the first movers into ecommerce space in India at a time when there was very little by way of precedent and learning. What were your challenges back then and how did you manage to overcome them over the years? Can you briefly trace your personal journey and that of your enterprise?
Diese Geschichte stammt aus der October 2017-Ausgabe von The Finapolis.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 2017-Ausgabe von The Finapolis.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
7 Ways to Prevent Text Neck
Our head is heavier at an angle than it is at a neutral position. That means our increasing usage of smartphones for reading, texting, etc is putting undue pressure on our spine
How To Take Your Networking To Next Level
Networking is one of the best ways to use your time
5 Fun Ways To Save Money
There are several simple ways to reduce spending and rack up more cash. Sukanta Kundu lists some interesting ones.
In Search of Higher Returns Amid Falling Rates
As Bank Deposit Rates Fall, Even Conservative Investors Are Switching Assets. Where Can They Go?
National Savings Certificates Help as Interest Rates Fall
National Savings Certificates (NSCs) have been among the most popular tax-saving options for ages. In spite of the advent of market-linked investment products such as equity-linked savings schemes (ELSS), the certificates have retained their charm for certain sections of society. In this column, let us discuss the various facets of this special instrument of investment.
What Drives Us to Invest?
I had made the journey from economics to finance. As part of Keynesian economics, we were taught about the three motives to hold money: the transactions motive, the precautionary motive and the speculative motive; all through my teaching career that remained part of my Keynesian economics. But two decades, later when I immersed myself into the world of investment, I had to develop my own tools to understand the new discipline and make my investors understand the working of their own minds. One night as lay turning on my back, poring over the day’s happenings, suddenly I made a strong connection between what I had studied years back and the problem I was grappling with now: the motives.
Ask The Finapolis
Col. Sanjeev Govila (retd) of Hum Fauji Investments answers readers’ queries on investments, taxation and personal finance. Do you have a question you want answered? Email your question to feedback@thefinapolis.com
Input Tax Credit To Benefit End-customer
Looking at the scale of India, it is reasonable to expect 3-5 years for the system to stabilize
Will GST Really Spike Up Your Bills?
As goods and service providers can claim input tax credit, your net tax bill will reduce say experts
The Bull Run Is Here To Stay
Karvy Finapolis’ event —“Is this the mother of all bull runs?” — evoked a thunderous response from investing public recently in Hyderabad.
