Manage episode 295403524 series 2801463
Sahil (@sahil071) and Siddharth (@sidbetala) hang out and discuss various business ideas. Send us an email at firstname.lastname@example.org
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(1:15) - Thras.io Model for India
(25:00) - Smart Bartending
(28:00) - Ideas for the $50B Indian Wedding Industry
- Thrasio Model for India: Thrasio is a company in the US that started in 2018 and started acquiring Amazon third party merchants that were doing $3-5 Million in revenue. They went on to raise $1.7B and have been able to scale this business profitably. The same model is now being replicated in India with close to 10 companies getting $300 million in funding . Companies like Mensa Brands (Started by Ananth, ex-CEO Myntra) or Global Bees (First Cry subsidiary) are leading the pack in terms of fundraising with $50m+ raised. However, this model isn't very straightforward to replicate in India. We look at what it takes to make this work and the potential challenges.
- Smart Bartending: Indian Weddings have a common problem. The friends of bride and groom often party too hard and miss the functions the next day. We talk about how this could be solved by having 'smart' bartenders.
- Wedding Industry Ideas: Weddings are a $50B industry in India and have multiple niches that can be converted into profitable businesses. We talk about the existing Wedding startups and a niche idea around wedding planning for different religious weddings.
- Warehousing in India: Huge topic that we want to discuss in detail on our next munchies episode. If you're a warehousing expert - please email us at email@example.com or WhatsApp Us.