Professional Documents
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Entreprenuers: Rani Puja Mba 3 Sem
Entreprenuers: Rani Puja Mba 3 Sem
Rani Puja
MBA 3rd Sem
What makes a great entrepreneur?
One of the characteristics of a successful entrepreneur is resilience. A good businessperson plans for
obstacles, learns from failures and chooses to keep moving forward.
"Write down your lessons and wins regularly," Wamala said. "Create boundaries to avoid burnout. Seek
peer support or mentorship to have a community that you feel understands you. A great entrepreneur is
flexible and a lifelong learner."
Entrepreneurs are known for their tenacity and commitment – to lofty ideals, long hours, and success.
They are hard workers who go into a project passionately and find success because they can convince
other people of the value of their ideas. A key factor in sustaining this kind of energy, creativity, and
drive is motivation. The role of motivation in entrepreneurship is foundational to their ultimate success.
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“QUOTE”
• “Twenty years from now you will be more
disappointed by the things that you didn’t do than
by the ones you did do. So throw off the bowlines.
Sail away from the safe harbor. Catch the trade
winds in your sails. Explore. Dream. Discover.”
• - Mark Twain
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ENTREPRENUERS
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Founded in 2015 by Dharmil Sheth and Dhaval Shah, Mumbai based Pharm
Easy is pharma aggregator, which connects patients with local pharmacy
stores and diagnostic Centers. Its services are available across 700 cities and
offers a wide range of products across prescription and non- prescription
category. The startup also has a provision for return policy on medicines. This
startup has received a funding of $53 million from Bessemer Ventures and
Manipal Group.
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PharmEasy
Founded in 2014
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He is well-known for his unique start-up ideas and PharmEasy is being
one of them. He is a born entrepreneur, who always wanted to bring a
change in the community by making things better. And so, he did it in his
way. In 2015, he set up a successful healthcare start-up called PharmEasy.
The PharmEasy app ensures any patients all over India to get the original
medicines from authentic pharmacists. In fact, PharmEasy is much
feasible for consumers to connect with local pharmacies. So, they need
not go outside for the medicines they needed.
Delivers medicines in
1000+ cities in India.
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PharmEasy : How it works !
PharmEasy is made Easy. We make the best use of Mobile, App and Web Technology to make sure that you get
access to the best health products, with attractive discounts in the shortest time possible. But remember,
discounted medicines does not mean a discount in quality!
Most often, the consumers are unaware of how they get their medicine and therefore, do not trust the e-
pharmacy completely. PharmEasy works towards keeping all of their customers informed and provides a
transparent platform so as to provide the best service possible.
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Here is a stepwise explanation of how PharmEasy delivers your medicines
Step 1
This is the part where you upload the prescription. As soon as your upload is complete and submitted, we
receive it. We then verify the prescription based on the criteria (as mentioned in –
https://pharmeasy.in/blog/how-to-upload-prescriptions-on-pharmeasy/) specified. The prescription is then
sent out to the pharmacy in your vicinity.
We have tied up with many pharmacies that have multiple qualified pharmacists on board who scan
thousands of products to provide you with the relevant and useful information about your medicines.
Step 2
The delivery agent collects your prescription and gets it validated at the store. The sale of medicines is
governed by various laws. Therefore, it will be handled under the supervision of a pharmacist on the basis of a
valid prescription by a registered medical practitioner.
The pharmacist then gathers all the required medicines. In case the prescription contains salt names and not
brand names, the pharmacist will call you regarding the substitutes available or you can call the pharmacist and
seek counsel. Please keep in mind that we pick up prescriptions from customers for verification and only then
we deliver medicines. Once the prescription is verified at the store, then the order is dispatched for delivery.
The medicines are sealed in a special PharmEasy package.
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Step 3
Our delivery agent will collect the package and bring it to your doorstep! We offer hassle-free
doorstep delivery of medicines. Payment for medication can be made on delivery via COD or online via the
app.
For further reference, please go through our terms & conditions and privacy policies to understand better
about our working, responsibilities and liabilities.
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Current achievements of PharmEasy
Today, PharmEasy is one of the largest platforms that deliver medicines. The company has warehouses in many cities.
So, consumers can expect to get their medicines delivered on the same day itself. In fact, PharmEasy administrations
are available more than 700 cities and deliver a wide range of medications. It’s available in non-prescription as well as
the prescription category. Also, it offers a platform to book diagnostic tests. Over the period, the company has raised a
total of 328.5 million dollars.
As well, PharmEasy uses many technology products and services to assure the best service. However, the company’s
app called PharmEasy has been downloaded by more than 29000 people.
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SWIGGY
Nandan Reddy is a BITS Pilani alumnus and has previously worked as a consultant and
has built another start-up around a tablet-based POS for restaurants. He has been a part
of the core management team at Source Pilani, India’s first rural BPO.
Prior to starting Swiggy, Reddy was building a logistics platform called Bundl (which
shutdown in June 2014) and was very excited to explore the potential of hyperlocal
delivery while tracking the space.
Reddy has also worked with Intellecap as Associate – Business Consulting, IDinsight as
External Consultant, Zurna as Founding Partner and Galla as Founder.
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Rahul Jaimmini
Co-Founder
Swiggy
Swiggy co-founders Sriharsha Majety and Nandan Reddy have a very distinct
vision for the company. They aim to elevate the quality of life and experience of
urban consumers by offering convenience which no other competitor is offering
in terms of food ordering and delivery and overall experience. The company
intends to expand Swiggy in over 300 cities and to all major metros, ushering
through the branches of convenience by offering door-to-door services.
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SWIGGY: THE ORIGIN STORY
Swiggy can be called a second entrepreneurial venture of co-founders Nandan Reddy and Sriharsha
Majety, first one being, Bundl. Both the co-founders ate alumni of BITS, Pilani and after years of working
and interning, they got together to introduce their joint venture, Bundle which is a logistics aggregator that
joins together SMEs to Courier Service Providers. The business was doing perfectly fine but the founders
were not satisfied and realized that there is a great unexplored potential in the food industry of India.
On the footprints of logistics, both the founders wanted something in the food industry which was
related to technology and operational offline as well. 14th August 2014 was the date of inception for
Swiggy, a dream project turned into reality by Harsha and Reddy. Swiggy was India’s first online food
ordering and delivering platform.
Both of these co-founders reached out to Rahul Jaimini to do the coding of the website and mobile app
and welcomed him as a co-founder in Swiggy.
Swiggy was started in a small office space in Koramangala, Bangalore and the company started off with
limitations. The initial setup of food delivery was targeted at a single neighborhood with 25 partner
restaurants and six delivery executive personnel.
The company has grown massively after the initial 25% month-on-month growth. Now, the company has
a major presence in every household, the default name for anyone desiring to order food online. The
company has successfully expanded to over 13 Indian cities including metro cities like Mumbai, Delhi,
Hyderabad, Bangalore and Chennai. The company has a tie-up with more than 8, 00,000 restaurants and
is committed to serving customers with a convenient ordering and delivery experience.
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SWIGGY: FUNDINGS AND ACQUISITIONS
Swiggy’s timeline from 2014 till 2020 in terms of funding and acquisitions have been phenomenal. The
company was introduced back in 2014 and its performance started to lure external investors in 2015. The
first funding raised by Swiggy was valued at $2 million from SAIF Partners and Accel Partners along with an
additional raise received from Northwest Venture Partners.
Moving on to 2016, the food ordering and delivery services company managed to raise funds with a total
value of $15 million from existing investors and some new ones. Some of the new investors included big
names like Harmony Partners and Bessemer Venture Partners.
Next in 2017, Swiggy was nowhere close to looking back; the next investment was valued $80 million which
was raised in a funding round led by Naspers Limited which is a multi-national consumer Internet
company from South Africa.
In 2018, a $100 million funding was received by Swiggy from Chinese Shopping Platform- Meituan-
Dianping and existing investor Naspers and small investments that followed that year led the company’s
valuation to over $1 Billion, making Swiggy a member of the prestigious Unicorn Club.
Swiggy then went on to a company shopping spree and acquired Bengaluru-based Artificial Intelligence
start-up, Kint.i.o in February 2019.
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BUSINESS MODEL
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Shradha Sharma Shradha Sharma is the Founder and Chief Editor of YourStory. Shradha lives her life in
stories. And believes, every story is unique and every story matters. Armed with degrees from St. Stephens
College, Delhi and MICA, Ahmedabad, prior to founding YourStory Shradha worked with Times of India and
CNBC TV18. In 2015, she was selected in the list of 500 LinkedIn Influencers across the world. Also in 2015
(March) Sharma received the L’Oreal Paris Femina Award for Online Influence.
foundersoffice@yourstory.com
https://yourstory.com/team
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Team Members
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About Your Story
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Founded in 2018
Founder- Kunal Shah
CRED Cash
MBA CHAIWALA
Prafull Billore
Slide 2
“Dream Big, Start
Small and Act Now”
45 days, It took 45 days to gather the courage
to start the tea stall.
• Borrowed 8000rs from his father with a lie
and set up a tea stall.
the journey wasn’t easy….
• On 25th July 2017, he started his business,
now his earns 3 crore of turnover.
(At the age of 20)
Storyline…..
Slide 5
Gave up CAT, Worked with Amway, worked in McDonalds with 32rs/hour.
Decided to open his tea stall, people became envious of his success, forced him to shut his tea
stall, he never gave up. (150rs first day, 600rs 2nd day- 10,000rs sometimes)
Later shifted to other locality, People used to became awestruck at a tea seller speaking
English and they purchase from him.
He also organized entrepreneurship programmes and musical nights among other small
events. (200 event in one year)
Slide 6
Storyline……
His private limited company, which employs around 20 people now, registered a turnover of Rs
3 crore in 2019-2020.
The people who tends to seek its franchise its from 1-2 lakh.
He offered snacks, shakes, coffees, Maggi and a few variety of tea.
Slide 15
His advice for budding
entrepreneurs :budding
His advice for
entrepreneurs :
“Believe in your dreams and never give up.
“Believe
Stay in your
focused dreams
on your work.and
Givenever
yourgive
bestup.
inStay focused
whatever ondo.
you your
Thework.
resultGive
willyour best
come”.
in whatever you do. The result will come”.
THANK YOU!
-by Rani Puja