Bijal M. Jani

🍷 Sula Vineyards: Seed to IPO (a 4000 Crore Company) | Ep12: The India Opportunity Podcast ft Chaitanya Rathi, Partner at Sharrp Ventures | Harsh Mariwala Investment Office 🍷 Watch here: https://lnkd.in/gE-ZHDCz We talk about: > Early experiences in alco-bev space in Scotland led to Chaitanya finding his way to Sula Vineyards > Saw it as a seed stage company, and was instrumental in launching Wine Tourism in India to make Sula - the world's most visited vineyard in the world! > How during COVID, Sula hit ZERO revenues (very close to its IPO) and how the team improved the company's financial metrics through the period > What it takes to become an IPO-able company - The process, the mindset and the preparation - it literally takes a village > Evaluation for investment criteria both as an angel and a fund manager > Leverage Edu's remarkable turnaround during the pandemic, we talk about Akshay Chaturvedi's journey > Lessons from investing in legendary consumer brands in India such as Veeba, epigamia, Woodsmen Mountain Whiskey and themes he's interested in > The evolution of the consumer landscape in India both from a market expansion and funding perspective > How being an operator helps CR be a better investor and partner to portfolio companies What a gold mine of an episode! Deep and rich insights from the consumer sector from someone who has not only invested but also built iconic companies. Must listen for founders. #consumer #D2C #sula #investing #publicmarkets #angelinvestors #alcobev

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Bharat Web3 Association is hosting a LinkedIn Live session today on an important topic, "Union Budget 2024-2025: Expectations of the Web3/VDA Sector" from 6:00 PM - 7:00 PM In Feb 2022, the Union Budget defined Virtual Digital Assets (VDAs) under the Income Tax Act for the first time. It introduced a 1% TDS on the transfer of VDAs and imposed a 30% capital gains tax on them. Additionally, the budget stipulated that no offset provisions would be allowed for VDAs. The government's objectives included monitoring Virtual Digital Asset (VDA) transactions and discouraging Indian users from trading in crypto assets. However, India's engagement with VDAs remain unchanged. It has only led to a flight of capital and users to offshore platforms and the grey market. Through this discussion, different representatives from the Web3 industry, aim to discuss the budget expectations for the Web3/VDA sector and delve into the rationale behind these recommendations. Click on the link in the comments below to join in.

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India's stance on cannabis remains complex. While the cultivation and trade of industrial hemp are permitted under strict regulations, recreational use of cannabis is largely illegal. Medicinal use, however, is gaining traction with ongoing discussions about potential reforms. Stay informed about the evolving legal landscape around cannabis in India. #CannabisLaw #India #LegalReforms #IndustrialHemp #MedicinalCannabis #Regulations #LegalUpdates #PolicyChange #Health #Sustainability

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May 12 2024 - 5 Notable Articles To Read Article: Private equity targets India’s healthcare sector with record investments Takeaway: Rises in medical fees, insurance costs, and the prevalence of 'lifestyle diseases' are anticipated to drive up hospital earnings, with private equity and venture capital investments totaling $5.5B in 2023. Source: Financial Times Link: https://lnkd.in/dpWrhjkH Article: BP Is Ready to Make Acquisitions. Why It’s Looking Beyond Oil. Takeaway: BP is exploring the possibility of acquiring assets within the low-carbon sector, potentially focusing on areas such as biofuels. Source: Barron's Link: https://lnkd.in/d-xTdSjM Article: The next drug you take may be designed by AI Takeaway: Google elevated its commitment as its Google DeepMind AI research facility, in collaboration with Isomorphic Labs, unveiled AlphaFold 3, an AI model that "predicts the structure and interactions of all of life’s molecules." Source: Business Insider Link: https://lnkd.in/d8bhhG8V Article: Oil Prices Are Rebounding. What’s Fueling the Mini-Rally. Takeaway: Strong dollar dynamics have further weighed on oil prices, rendering oil pricier for holders of foreign currencies. Source: Barron's Link: https://lnkd.in/dgw6S9vq Article: Profits Are Booming—and That’s Shielding the Economy Takeaway: Corporate profits hold significance as they demonstrate the ongoing robustness of the U.S. economic engine. Source: The Wall Street Journal Link:https://lnkd.in/dzmYRGiq #news #research #business

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