Startups
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ConveGenius provides free education to rural kids. Can it make money?
ConveGenius was launched to reach 100 million school students at the bottom of the socio-economic pyramid, and in 2020 teaching through Whatsapp helped it grow 15X
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Repos Energy: Reimagining how you buy diesel
Delivering diesel to where the customer is has the makings of a big business with modest gains for the environment too
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Covid-19, reverse migration, smartphones: Scripting demand for ayurveda startups
As the pandemic makes Indians turn to the age-old formulations of holistic and preventive health care, startups are riding the internet wave into smaller cities
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MedCords: Enabling last-mile healthcare for Bharat
First-generation entrepreneurs of the healthcare platform want to leverage technology and community-based interventions to help people in rural and semi-urban India access all their health care requirements on a single platform
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Why WaterBridge Ventures' 50 percent portfolio bets on rural India
If ride-hailing in urban India is a $6 billion market, solving bus transport is a $20 billion market in smaller towns and beyond—opportunities like these is leading this VC to place bets on startups catering to rural India
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Can an industrial goods platform be unicorn? It takes Rahul Garg's toolkit
Most unicorns are from the B2C segment, but Rahul Garg decided to giving manufactuing a filip by building an industrial goods platform to help enterprises. And in six years, he's built Moglix into a unicorn—his third one
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The purse, and curse, of Tiger
Tiger Global's aggressive big bets this year might do a world of good for the American hedge fund major, although riding the beast can prove tricky at times for founders
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Chalo: Building mobility for tier 2 and beyond
A short by-chance stint in Bhopal prompted cofounder and CEO Mohit Dubey to ditch his American dream to build solutions for rural India. Now, he's disrupting rural mobility
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Frontier Markets: Building an army of rural women influencers
Ajaita Shah's social commerce platform leverages the social capital of women in the villages to listen to the pulse of rural consumers and herald an ecommerce revolution in the hinterlands
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Moglix: How Rahul Garg built an unexpected unicorn
A B2B ecommerce platform for industrial products, nearly 65 percent of Moglix's business comes from Tier 2 and Tier 3 towns in the country. Subscribe to Forbes India to read the cover story
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.jpg?impolicy=website&width=360&height=270 "How to build a unicorn in 6 years")
How to build a unicorn in 6 years
It's raining unicorns in India thus far in 2021 but Moglix is not your usual glam billion-dollar business—it is a B2B ecommerce platform for industrial goods filling a crucial gap for enterprises. Cover story author Manu Balachandran takes you behind the scenes of how Moglix became a unicorn in 6 years, and throws light on third-time unicorn maker Rahul Garg