Afleveringen
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On Thursday, Piyush Goyal, India's commerce minister, kicked the hornet's nest with his comments on the country's startups.
Essentially, Goyal’s main complaint was… “why are Indian startups like this? Just look at China."
As the minister’s remarks went viral, India’s startup leaders, executives, and thought leaders took a break from making Studio Ghibli-style AI images and decided to hop on the next trend—posting their thoughts on Goyal’s comments on Linkedin and X.
Most of them are variants of—“Don’t blame startups, look at how many jobs we created”, or “China also started with food delivery before they built deep-tech companies”, or the more aggressive version: “Maybe you should help startups instead of blaming them.” A few leaders, quite predictably, even agreed with the minister and exhorted startups to take it as “constructive criticism”.
These are all valid points of view, but they don't answer the most intriguing part of it all—why did Goyal say what he said?
Praveen Gopal Krishnan explains why in this week's edition of The Nutgraf.
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You can stream the full episode on The Ken app with a Premium subscription or on Apple Podcasts for just Rs 199/-.
The Ken - https://the-ken.com/podcasts/the-nutgraf/india-is-the-mark/
Apple Podcasts - https://podcasts.apple.com/in/podcast/india-is-the-mark/id1794924619?i=1000702274934
You can also read this edition here: https://the-ken.com/the-nutgraf/india-is-the-mark/
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This is the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition, where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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Mayhem rules as India’s ad agencies get raided over alleged price-fixing—three days before India’s biggest marketing event.
Praveen Gopal Krishnan explores why in this week's edition of The Nutgraf.
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You can stream the full episode on The Ken app with a Premium subscription or on Apple Podcasts for just Rs 199/-.
The Ken - https://the-ken.com/podcasts/the-nutgraf/an-ipl-whodunit/
Apple Podcasts - https://podcasts.apple.com/in/podcast/an-ipl-whodunit/id1794924619?i=1000700349398
You can also read this edition here: https://the-ken.com/the-nutgraf/an-ipl-whodunit/
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Zijn er afleveringen die ontbreken?
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On Tuesday, Airtel announced that it had reached an agreement with SpaceX to distribute Starlink’s high-speed internet service to customers in India.
By Wednesday morning, the business papers were in a predictable frenzy. The development was described as a masterstroke orchestrated by Airtel to get the upper hand over Jio, its competitor.
A few hours later, Reliance Jio came out with an announcement of its own. Jio was also partnering with SpaceX for the same purpose.
One of the oddities of India’s duopolistic telecom market is that when one company does something, it’s declared as a masterstroke, but when both companies do the same thing… well, nobody is sure what to make of it anymore.
So, what do we make of it? What does this mean for Starlink, Airtel, and Jio?
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You can stream the full episode on The Ken app with a Premium subscription or on Apple Podcasts for just Rs 199/-.
The Ken - https://the-ken.com/podcasts/the-nutgraf/starlinks-toe-hold-in-india/
Apple Podcasts - https://podcasts.apple.com/in/podcast/starlinks-toe-hold-in-india/id1794924619?i=1000699254218
You can also read this edition here: https://the-ken.com/the-nutgraf/starlinks-toe-hold-in-india/
Earlier edition referenced: 'Elon’s Monsoon Hungama moment' - https://the-ken.com/the-nutgraf/elons-monsoon-hungama-moment/
--------This is the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition, where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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Ola is the only company that exists across nearly every single universe in India. Here’s a non-exhaustive list of universes where Ola the company exists today: Ride-sharing. Electric Vehicles. AI. Quick-commerce. Food delivery. Lending. Credit card. Chip Manufacturing. Maps. Battery Manufacturing. Cloud services. Insurance. Financial services.
For a long time, Ola was rich, famous, and successful in some universes. And just an ordinary player in others. But this year, something changed. Ola has encountered pretty big setbacks across the multiverse.
You could almost say that it’s being threatened by a scary supervillain that’s attacking Ola’s everything, everywhere, all at once.
What is Ola up against?
Subscribe and listen to the full episode here: https://the-ken.com/podcasts/the-nutgraf/everything-everywhere-ola-at-once/or
Subscribe and read the full edition here: https://the-ken.com/the-nutgraf/everything-everywhere-ola-at-once/
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This is the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition, where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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Jiohotstar is practically India’s default streaming app, with access to the country's default sporting event. Jiohotstar doesn’t need a strategy anymore—it is the consequence of a successful strategy.
And yet, as we’re finding out, Jiohotstar isn’t content.
All of this is still not enough. Why?
Tune in to find out.
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You can read this edition here: https://the-ken.com/the-nutgraf/jiohotstar-is-not-content/
Earlier editions referenced:It’s Jio’s world now. We’re just watching it - https://the-ken.com/the-nutgraf/we-just-found-out-how-to-break-the-swiggy-zomato-duopoly/
Youtube missed - https://the-ken.com/the-nutgraf/youtube-missed/
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This is the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition, where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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Rapido and Meesho made Uber and Flipkart blink. And both companies did it by following a similar playbook. How exactly? Who is next?
Tune in to find out.
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You can read this edition here.
You can listen to the Two by Two episode referenced here.
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This is the audio edition of The Ken’s popular weekend newsletter, The Nutgraf.
Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition, where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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For me, the real story of India’s Got Latent isn’t about free speech, vulgarity, obscenity, or culture. It’s actually a story of what happens when “new” television tries to take on “old” television. Youtube took a swipe at the old world. And the old world punched back and gave it a bloody nose.
What lessons do Samay Raina and India's Got Latent have for the media business?
Tune in to find out.
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You can read this edition here: https://the-ken.com/the-nutgraf/youtube-missed/
You can read our Oct 2024 story titled 'TV channels, beware! Youtubers Samay Raina and TVF are taking over the screen—and the couch' here: https://the-ken.com/story/tv-channels-beware-youtubers-samay-raina-and-tvf-are-taking-over-the-screen-and-the-couch/
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This is the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition, where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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So the rumours were true.
Five years after it was banned, Chinese fast-fashion platform is all set to be relaunched in India through a partnership with Reliance. For all practical purposes, this translates to Reliance “owning” Shein in India now.
But while at first this may seem like a win for Reliance, there's more to this deal than meets the eye. Think about it — If you take Shein and if you remove the supply chain, and the manufacturing and its social media partner, what is left?
Is it even Shein?
Tune in.Welcome to the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.
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Welcome to the audio edition of The Ken’s popular weekend newsletter, The Nutgraf. Every Saturday, author and host Praveen Gopal Krishnan reads aloud his latest edition where he synthesizes and tells a story about the most interesting thing that happened that week in India’s business, tech and startup scene.