Xiaomi wants India addicted to its internet services. And it’s trying

Many companies would get complacent if they’d achieved the sort of success Chinese smartphone maker Xiaomi has had in India. Consider this—since entering India in July 2014, it has grown to control 29% of the Indian smartphone market, boasts of 75-80 million users, and accounts for the bulk (57%) of online smartphone sales. Xiaomi has … Read moreXiaomi wants India addicted to its internet services. And it’s trying

The biggest problem in implementing change is the resistance

Meanwhile, if you look at some of the most successful B-schools in the US, they have benefited from being a part of a larger education ecosystem. “If you take the example of the Wharton School or Stanford GSB, they are part of a large ecosystem like the University of Pennsylvania and Stanford University, respectively, which … Read moreThe biggest problem in implementing change is the resistance

Passing the IPO rubicon—The importance of Slack’s public offering

In all of 2018, 233 companies went public, according to research company IPOScoop.com. They raised a collective $54 billion. This year was meant to eclipse that, with unicorns—startups valued north of a billion dollars—expected to steal the show. Of all these initial public offerings (IPOs), ride-hailing app Uber was supposed to be the definitive IPO … Read morePassing the IPO rubicon—The importance of Slack’s public offering

Changing tracks and moving to the right one

With all this, Club Factory has already managed to get about a third of its business from the local market, while the rest is still cross-border imports, according to the company executive quoted earlier. In November 2018, Club Factory set up two entities in India to streamline India operations—Globemax Technologies and Globemax Commerce. While the … Read moreChanging tracks and moving to the right one