News & Highlights

  • March 2017
  • Alumni News

Weaving Success in India

“Once upon a time,” Nalli Kuppuswami Chetti begins as he recounts the history of weaving in India and the 89-year story of Nalli, his family’s iconic silk sari company. Chetti, interviewed by HBS Professor V.G. Narayanan, is one of 80-plus noteworthy business leaders from Africa, Mexico, Central and South America, South Asia, and Turkey whose wisdom and experience are now enshrined in the Creating Emerging Markets Oral History Collection at Baker Library. This winter, the HBS Business History Initiative, which launched the project, hosted a conference in India to celebrate the addition of more than a dozen in-depth interviews with Indian executives to the collection, including Chetti, Bajaj Group chairman Rahul Bajaj (MBA 1964), and Shahnaz Herbals founder and CEO Shahnaz Husain.

New Research on the Region

  • March 2017
  • Case

SKS Microfinance (Abridged)

By: Shawn Cole and Theresa Chen

Vikram Akula, CEO of SKS Microfinance, seeks a venture capital investment to fund his firm. SKS, one of the largest and fastest growing microfinance institutions in India, is a profitable, for-profit institution with a social mission. In what is one of the first commercial financing deals in the world, Akula must decide at what value to sell equity in SKS, and to whom to sell it. The case focuses on valuation, which is difficult because at the time there are no publicly traded comparable companies, and the strategic aspects of raising money.

  • March 2017
  • Case

The Ready-Made Garment Industry: A Bangladeshi Perspective (A)

By: Nien-hê Hsieh and Saloni Chaturvedi

Responsibility for working conditions in contract factories within the supply chain presents an ongoing challenge for managers and area of debate. Much of the debate approaches the challenge from the perspective of large global apparel brands. This case helps students take the perspective of a Bangladeshi contract factory that is part of the brands' supply chain, but must also deal with challenges in its own supply chain. The case leads up to the Tazreen factory fire of 2012, in which over 100 people died, and covers subsequent developments in Bangladesh and the apparel industry.

  • March 2017
  • Case

BYJU's The Learning App

By: John Jong-Hyun Kim and Rachna Tahilyani

BYJU’S The Learning App (BYJU’s) is India’s largest K-12 education app with about 300,000 annual paid subscribers. The mobile app uses a mix of video lessons and interactive tools to personalize learning for every student. Although there is room to grow exponentially in India, BYJU’s decides to enter the U.S. and other English speaking international markets. It believes that United States has a large demand for “better learning”, a strong digital payment infrastructure and a willingness to pay subscription fees. At the same time, winning in U.S.’s education market where most students attend public schools and many ed-tech companies are proliferating is challenging. Is it wise to expand to the U.S., even though India presents such a vast untapped opportunity with so many students in need?

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Mumbai Staff

Anjali Raina
Executive Director
Namrata Arora
Associate Director, Special Projects
Saloni Chaturvedi
Rachna Chawla
Assistant Director, Research Services
Tanvi Deshpande
Research Associate
Anthea D’Souza
Associate Director, Financial and Business Administration
Kalpesh Hedulkar
Administrative Assistant
Mahima Kachroo
Research Associate
Rashmi Patel
Research Assistant and Educational Coordinator
Sanjivani Shedge
Executive Assistant
Inakshi Sobti
Associate Director, Community Initiatives
Rachna Tahilyani
Associate Director, Research

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