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Coal India: Black Gold

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Coal mining in India has a long history—it started back in the 18th century when small private companies began digging for coal. But mining was scattered, unorganized, and production was limited. As India moved toward industrialization and the demand for electricity kept growing, coal became the backbone of progress. Realizing the importance of energy security, the Government of India decided to step in. In the early 1970s, it nationalized the coal mines to bring them under one umbrella. The idea was simple: improve efficiency, boost production, and make sure power plants had a steady supply of coal. This move eventually gave birth to Coal India Limited (CIL) in 1975, a state-owned company that went on to become the world’s largest coal producer.  CIL operates through 85 mining areas spread over eight provincial states of India. CIL has 310 working mines of which 129 are underground, 168 opencast and 13 mixed mines. CIL further operates 13 coal washeries. The Company pr...
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Ola Electric: Tesla of scooters

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Early Stage: Bhavish Aggarwal founded Ola Electric in 2017 as a visionary entrepreneur determined to transform India's mobility ecosystem. He graduated from IIT Bombay in 2008 with a computer engineering degree. Back in 2017, Ola Cabs (run by Bhavish Aggarwal) was already one of India’s largest ride-hailing companies. But Bhavish saw a problem — India’s cities were getting more polluted, fuel prices were rising, and the future of transport clearly had to be electric. To explore the idea, Ola set up a small team and created a separate company called Ola Electric Mobility in 2017. At first, the goal was not to make scooters. They started with electric rickshaw and electric car experiments for Ola’s cab fleet in cities like Nagpur. The project tested how EVs could work in Indian conditions and what problems drivers faced — things like high vehicle cost, slow charging, and lack of charging stations. By 2018–2019, after getting funding from big investors like SoftBank and Ti...
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🛒 Osia Hypermart: "One Stop Shop"

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  Story : In India’s rapidly changing retail landscape, most investors focus on big names like Avenue Supermarts (D-Mart), Reliance Retail, or Jiomart. But beneath the surface, there are smaller players quietly building local brands, focused on regional markets. One such company is Osia Hyper Retail Limited, the operator of the Osia Hypermart chain. Founded in 2013, Osia has grown steadily by setting up large-format retail stores in major cities of Gujarat, including Ahmedabad, Vadodara and other fast-growing urban areas.   The Business Model : Osia follows a value retail model, targeting the urban middle class with a wide variety of products at affordable prices. It positions itself as a “one-stop shop” for family needs, offering: >Grocery and FMCG products >Apparel and fashion accessories >Home and kitchenware >Electronics, footwear, luggage, and more What makes Osia different is its regional focus: instead of spreading thin across India, the company ...
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Ather - The best electric scooter

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Ather Energy began its journey as an ambitious startup in 2013, founded by IIT Madras graduates Tarun Mehta and Swapnil Jain. Their vision was to revolutionize the Indian two-wheeler market by introducing "The Best Electric scooters" . With the launch of the Ather 450X, the company gained widespread attention for its sleek design, advanced technology, and fast-charging infrastructure. According to Ather’s co-founder, Tarun Mehta, one key factor is weaker marketing . Ather's product-first approach didn't match Ola’s aggressive, high-visibility strategy, which pushed Ola to a mass-market audience. Ola’s approach combined competitive pricing, mass-market targeting, and a wider product range—giving them an edge in a price-sensitive market. Valuing Ather Energy: The Road Ahead To estimate Ather's value, we must first look at the Total Addressable Market (TAM) for two-wheelers in India. The Indian two-wheeler market was valued at approximately ₹1.5 lakh crore in 2023-24...
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