China's ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday. The discussions, initiated by Japan's SoftBank Group Corp, are private, early and complex, the report https://bloom.bg/3pgJdsi said, citing people familiar with the matter. Glance's parent, mobile advertising technology firm InMobi, also owns short-video app Roposo that has gained in popularity after TikTok was banned by the Indian government in July last year.
Read more about InMobi Group s e-commerce model to mirror physical bazaar feel on Business Standard. Glance, which currently provides a feed of entertainment, news, sports and video game oncent on mobile phone lock screens, has already garnered over 125 million users
How does one transform a second generation family business? Ask
In 2012, she was asked to join
Granules India, the Hyderabad and US-based pharma family business, and there has been no looking back. Granules India is a vertically integrated pharmaceutical company with R&D focus and multi-product delivery capability. It manufactures Active Pharmaceutical Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs), and Finished Dosages (FDs).
Priyanka
Providing a solution to these problems is Bengaluru-based
Cultivo. Founded by Manish Chandrashekhar and Mausom Saikia in 2019, the startup is bringing a mix of technology and finance to de-risk supply chains, increase efficiency, and reduce back-office costs and errors.
Why rapid growth is not a true measure of success
Urging entrepreneurs to stay cautious of explosive growth, Naveen Tewari says it’s critical to first get the product right before thinking of scaling.
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Good morning!
Many of us, including entrepreneurs, are often plagued by the need for “instant gratification”. Instant growth and instant success.
But the founder of InMobi, and a two-time unicorn builder has an important piece of advice for all entrepreneurs: ‘say no to rapid growth’.
“We ve seen the blitz growth and we know it doesn t mean anything because sustainable growth is what really matters. So, I think there is a message out there to every other entrepreneur to try and be more secure about some of these things,” he says.
things going awry, Naveen urges entrepreneurs to stay
cautious of explosive growth.
“We ve seen the blitz growth and we know it doesn t mean anything because sustainable growth is what really matters. So I think there is a message out there to every other entrepreneur to try and be more secure about some of these things,” he says.
After becoming
InMobi went on a
The move
failed.
Many analysts were ready with InMobi’s epitaph, but it managed to rise from the ashes like a phoenix. After cutting costs and becoming ‘ultra-focused’, InMobi turned around its fortunes. It turned profitable in 2016, becoming the second Indian unicorn after data analytics startup, Mu Sigma, to achieve the feat.