abhishpatil LinkedIn Posts
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@abhishpatil
Zerodha → ₹2,094 Cr profit for FY 2022 🎯
Airbnb → ₹12,300 Cr profit for Q3 2022 🤯
Here's the core reason to profitability ⬇️
Quick context
@abhishpatil
2022 → PhonePe decides to acquire ZestMoney 📝
2023 → It pulls off the deal citing reasons 🤯
Here’s why the acquisition is falling
@abhishpatil
2016 : Flipkart acquired PhonePe.
2023 : PhonePe is splitting from Flipkart
Why the $700 mil cash payout matters ⬇️
Some context 🗓
Flipkart was India's
@abhishpatil
2015 : Meesho as a drop-shipping model 🛒
2022 : It delivered 91 Cr orders (100% Y/Y growth) 🤯
Why you can't build another Meesho?
@abhishpatil
Every week, ~51% of India’s population eat meat 🍖
Yet, most of the meat category is unorganised 🥺
Here’s how Licious is disrupting the category
@abhishpatil
Zoomcar is the new Nano.
Why? you ask.
Perceived value for Nano - Cheapest* car
Perceived value for Zoomcar - rented car
For most Indians,
Buying a car
@abhishpatil
SUGAR Cosmetics is onto ₹2,000 Cr revenue 💄
Isn't cosmetics a brutal business? 🤐
Here's who Sugar went from 0 to 500 Cr 👇🏻
Quick context
@abhishpatil
Salesforce has reported revenue decline. It spent $3.4B last quarter in sales & marketing to get ~$360m of net new ARR. Here’s how
@abhishpatil
SBI made a ₹860 Cr profit in 2019. In the next 4 years it's profit shot up to ₹50,232 Cr. Interestingly, it reported
@abhishpatil
Are you a tech founder?
You should not miss this post 🤯
Quick back story, I was talking to an early stage founder who
@abhishpatil
Nobody will carpool with a stranger.
BlaBlaCar exists.
Nobody will rent their extra bed to a stranger.
Airbnb exists.
Nobody will save their credit card on a
@abhishpatil
I struggled to explain my job role to my parents 🥺
Honestly, we all are miserable at it, admit it 😄
Here's a simple approach
@abhishpatil
Jio plans to stream IPL for free 🤯
Is it leaving money on the table? 💰
How it could be India's super app ⬇️
Quick context
@abhishpatil
2005 : Tata launched the first mini truck 🐘
2023 : 25,00,000 Tata Ace vehicles sold 💰
How the “Chota Haathi" became big ⬇️
What’s a
@abhishpatil
Remember postpaid mobile plans? Yes, the ones BSNL popularized in the early 2000s. Jio is pushing hard to get them back with a
@abhishpatil
2020 : Indians bought 12 Cr smartphones📱
Interestingly, only 2 Cr were new ones 🥹
Here's the story of second hand smartphones ⬇️
Important context
@abhishpatil
Last week's short visit to Indian School of Business was interesting. I always asked myself why someone would do an "MBA" vs "work
@abhishpatil
Meesho’s average order value is ~₹500 💰
That's 1/5th of the likes of Amazon/ Flipkart 🤯
So how did Meesho get profitable? ⬇️
Quick context 🗓️
70
@abhishpatil
Australia a coffee drinking nation 🇦🇺
~ 6 billion cups of coffee - every year ☕️
Here's why Starbucks still failed in Australia 👇
Quick
@abhishpatil
In 2019, India had 68 lakh gig workers 🛵
By 2030, this will cross the 2 Cr mark 🤯
Why gig workforce <> ONDC is
