WHAT'S DRIVING GROWTH IN THE D2C SPACE?
Entrepreneur magazine|May 2023
The Makers CO The Builders of India's New CPG - In 2022, the D2C industry was valued at approximately USD 12 billion. In the next five years, it is expected to cross USD 60 billion, which is a CAGR of a staggering 40 percent, according to Tracxn. The brands that use the online platform to sell directly to consumers are currently more than 600 in numbers. Our current 'Makers Co' issue is an affirmation of the growing D2C industry. The featured brands, including the likes of SUGAR Cosmetics, boAt, Fixderma, Mamaearth, Wholesum Foods, Wow Skin Science, Bluestone, Country Delight, The Sleep Company and more are on a mission to provide quality, safe, personalized, and local everyday products to you and your loved ones. They are also employing the power of retail e-commerce, social media, and physical outlets to achieve their goals. Hailing the D2C industry with more such brands on the anvil.
PUNITA SABHARWAL WITH S SHANTHI, PRIYA KAPOOR, PAROMITA GUPTA, KABIR SINGH BHANDARI & SHRABONA GHOSH
WHAT'S DRIVING GROWTH IN THE D2C SPACE?

MEET THE NEW SNAC(K)ING

HOW THIS ENTREPRENEUR IS MAKING US MU(N)CH BETTER

Vikas D Nahar was born in a small town, Sakleshpura in Karnataka, which is known for tea, coffee, and spice plantations. His father was a farmer, largely into farming coffee and other commercial produce. As Nahar grew up, he shifted to Bangalore for higher education in 2000-02 for his graduation from Bangalore University. In 2005, he joined his brother's business as a graduate trainee there. And eventually went on to lead the entire vertical of international business. The business was more domestic in nature largely into trading of spices, which were grown in India or bought from other parts of the world. From 2005 to 2008, Nahar spent three years establishing the entire international business. During this period, Nahar traveled to countries like China, Vietnam, Sri Lanka, and other countries importing a lot of spices from Southeast Asian countries to India and also exporting spices of the south to the UK and other countries. During this period, while preparing for CAT exams, Nahar took a break in 2008 to do his MBA at Symbiosis Centre for Management and Human Resource Development. From 2008 to 2010, while pursuing his MBA in Pune in marketing, Nahar was able to understand why some brands demand more prices, more affinity, or more loyalty than any other product. Talking about his interest in building a brand, Nahar reminisces, “The aspiration of building a brand came immediately after my MBA. Once I came back to Bangalore, I took a six months break to try and understand what exactly I want to start up, because building a brand and being an entrepreneur had stuck me there.” That’s when he decided not to go for any placement offer and begin his entrepreneurial innings.

Denne historien er fra May 2023-utgaven av Entrepreneur magazine.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra May 2023-utgaven av Entrepreneur magazine.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA ENTREPRENEUR MAGAZINESe alt
Data Breach Drama: When Trust Turns Costly In A Digital Age
Entrepreneur magazine

Data Breach Drama: When Trust Turns Costly In A Digital Age

Amid data breaches surges, Indian businesses are prone to financial and reputational fallout. Can cyber insurance emerge as a safeguard?

time-read
4 mins  |
November 2024
THE TERRAIN TAMER
Entrepreneur magazine

THE TERRAIN TAMER

Spearheading a California-based, Series D SaaS company is no easy feat. It requires a blend of ownership, innovation, and the ability to handle stress. But Anand Jain, co-founder and chief product officer of Clever Tap, finds his calm by escaping to rough terrain whenever he gets the chance-be it India or Colombia.

time-read
2 mins  |
November 2024
THE INTELLIGENT READS
Entrepreneur magazine

THE INTELLIGENT READS

Hardika Shah founded Kinara Capital in 2011 with the mission to address the acute credit gap in the micro-small-medium-enterprises (MSME) sector in India, by providing fast and flexible business capital to small business entrepreneurs. Despite operating in highly competitive and tough market of collateral free loans, Kinara Capital has been steadily growing in Hardika's leadership. In conversation with Entrepreneur, Hardika shares insights on her favourite books.

time-read
1 min  |
November 2024
THE CURSE OF GROWING TOO FAST
Entrepreneur magazine

THE CURSE OF GROWING TOO FAST

FAIRE is a platform for small businesses, but it grew big the wrong way-almost becoming a $12 billion wreck. Here's how it fixed the problem, and why you should think twice before skyrocketing.

time-read
10+ mins  |
November 2024
There's No Perfect Answer
Entrepreneur magazine

There's No Perfect Answer

I worked the same job for 19 years. I hated it, but it paid the bills. Then, in 2017, I entertained an exciting but terrifying question: Could I be an entrepreneur? I wasn't sure, so I needed something that felt like a guarantee. I searched for signs that would feel like a big, clear \"yes!\"

time-read
1 min  |
November 2024
HOW TO ASK FAMILY FOR MONEY
Entrepreneur magazine

HOW TO ASK FAMILY FOR MONEY

Your friends-and-family fundraising round doesn't have to be scary and awkward. Here's advice from one of the world's leading investors.

time-read
2 mins  |
November 2024
Give Yourself the Gift of Time
Entrepreneur magazine

Give Yourself the Gift of Time

Happy holidays! Emmy Award-winning tech expert Mario Armstrong has five recs to get more hours in the day.

time-read
2 mins  |
November 2024
How to Become a Main Street Millionaire
Entrepreneur magazine

How to Become a Main Street Millionaire

It started when I bought one little laundromat. Now I have a whole portfolio of small local businesses that bring in tens of millions in revenue a year. Here's why following my playbook could be your ticket to financial freedom-and saving America's local small businesses.

time-read
5 mins  |
November 2024
Want to Better Serve Your Clients? Become Them.
Entrepreneur magazine

Want to Better Serve Your Clients? Become Them.

As a designer for brands, starting my own product company gave me a dose of humility-and it changed the way I relate to clients.

time-read
3 mins  |
November 2024
How to Succeed With Gen Z Workers
Entrepreneur magazine

How to Succeed With Gen Z Workers

People often say that younger employees are different. But are they? We asked six business leaders what they've learned, and how their teams thrive.

time-read
2 mins  |
November 2024