Outlook Business November 2023

OUTLOOK START-UP OUTPERFORMERS 2023 A “wind of change” has been sweeping our corridors for a few years now. Finally, the dust is settling as the Outlook Group and all its platforms witness a reinvigoration. It is a new look Outlook where legacy and tradition meet the heady exuberance of youth, where we tread paths seldom taken by others as risk is high with low sight of profits. But, for us, the return on our intellectual investment is the continuation of setting new and unbiased narratives. From exposing the threats to fiscal federalism to bringing to you how a delayed census is hurting millions of India’s poor much before the opposition raised it in Parliament, we ignite and fuel debates. So, when we tackle the subject of climate change, we dive…

CMD SPEAK In the vast world of Steel Tubes production and manufacturing, India proudly takes the lead, securing the second spot in global Steel Tubes production. Amidst this bustling ecosystem dominated by major players, there comes a true visionary with more than three decades of extensive know-how, known as APL Apollo. Just like a diamond in the rough, the company has guided the Steel Tubes industry into a technological revolution that has reshaped the whole landscape. APL Apollo’s journey is nothing short of remarkable, founded on the principles of innovation and quality, and a strong sense of sustainability. APL Apollo’s odyssey began with humble origins and has since propelled it as a market leader in the Steel tube industry. The Journey to Becoming the Market Leader Every great success story…

01 HAPPILO Healthy Snacking Creates a Market Success Story Headquarters: Bangalore, Karnataka Founder: VIKAS DHANMAL NAHAR Institutional Investors: Motilal Oswal Private Equity ■ A91 Partners ■ Venture Garage REVENUE in rupees crore MAJOR Funding Rounds Market research firm Tracxn is the source of all data points given in this section 01 This number represents the position of the company in the Top 5 of a category in the start-ups chapter of the Outlook Start-Up Outperformers 2023 ranking. The category in this case is direct to consumer This number shows the score of the company that has propelled it to its present position. Subsequent pages carry a discussion on the methodology used to calculate this score DRAWING FROM his observations of market trends in the food segment, Vikas D. Nahar, an experienced…

In the hybrid work, the right tools become the compass guiding us through this dynamic model. A recent survey illuminates a stark truth—84% of knowledge workers in India crave technology that resonates with their needs (HP Work Relationship Index). Choosing the right business laptop is akin to selecting a reliable companion for your professional journey. The myriad of considerations, from size and weight to processing power and security features, can be overwhelming. In the landscape of hybrid work, you need to choose a business laptop that not only meets your functional needs but enhances your overall work experience, whether you’re in the office, working remotely, or toggling between the two. Today, business leaders need more than just tools—they need a maestro. The HP Dragonfly G4 emerges as a powerful ally,…

Maharashtra State Innovation Society (MSInS) was set up in the year 2018 under the ageis of the Department of Skills, Employment, Entrepreneurship and Innovation, Government of Maharashtra for developing a vibrant startup and innovation ecosystem in the state in accordance with the Maharashtra State Innovative Startup Policy 2018. MSInS works towards building a robust innovation ecosystem within Maharashtra. This ecosystem includes a network of academic institutions, incubators, research organizations, startups, investment community and industry partners, all collaborating to drive innovation and entrepreneurship. CHALLENGES OF STARTUP ECOSYSTEM Startups being new entrants in any economy always face challenges in funding an appropriate niche and establish themselves with sustainable existence. Disruptive startups i.e. ventures that seek to make significant changes in the existing market, however, face greater challenges due to absence of clarity…

Market Value The widening internet use and entry of more players is propelling steep growth in the direct online channel market size $12 billion Approximate size of D2C market in FY22 $60 billion Projected size of India’s D2C market by FY27 $1.9 trillion Projected size of India’s retail market by 2030 $5 billion Approximate value direct online channel market size in FY22 $22 billion Projected value of direct online channel market in FY27 22 Total acquisitions D2C food sector $1.9 billion Total funding in D2C food sector Shopping Preferences While the digital marketplaces currently hold the maximum share in the D2C market, direct online channels are likely to see maximum growth in the coming years Growth Prospects The overall D2C market is projected to grow from $12 billion in FY22…