Dearest Reader,

On 27 March 2020, PVR and INOX- the 2 fiercest competitors in the Indian Cinema space announced a merger, a deal that caught everyone by surprise. If the merger goes through, PVR INOX will together command over 50% of the multiplex screens in India, and earn 42% of the revenues earned by theatres in India. 

This enormity of scale means synergies on both sides - revenue and costs - and higher bargaining power with stakeholders. This means they can negotiate better deals with filmmakers, source F&B at better prices and even charge higher tickets from the audience.


In this latest edition of BB Industry Pitchers, we dive deeper into the Indian Film Industry from a film exhibitor’s perspective. We take a look at how these theaters (multiplexes like PVR, INOX and also single-screen cinemas) have evolved over the years and what the PVR-INOX blockbuster deal means for the industry. 


And how might our favorite OTT platforms and the woeful pandemic have played a role in causing the two leading Indian multiplexes to join hands? 


Find out in today’s article, only on Business Bar!

Link: https://businessbar.net/all/pvr-inox-is-the-merger-answer-to-the-problems-of-the-multiplex-industry/

Tatas and Birlas, who shaped India's growth story after independence, have passed on the baton to Ambani and Adani in the 21st century to write a new wealth creation story.

Among the two, Gautam Adani's story is particularly remarkable. Adani, a first-generation entrepreneur, has built a fortune worth $200+ B in just three decades.

The empire today consists of more than two dozen companies, many of them being the largest in the country.

Perceived political proximity, inorganic growth through M&As, the scale of operations, and external funding to fuel the expansion have been critical to the group's exponential rise. No wonder the investors have been euphoric about the Adani stocks recently.

But the reality seems quite detached from this euphoria. While the investors are betting on the group's future, its current fundamentals aren't as strong.

In today's edition, we discuss these issues in detail and also try to answer even more interesting questions:
What is Adani's secret sauce? How big is the Adani group? How long can this growth story continue? What is he doing to grow beyond mines, roads and power plants? Will he become the Ferrari of the digital world as well?

Link : https://businessbar.net/all/adani-wealth-creator-of-21st-century-india/

Startups and Venture Capital (VC) go hand in hand. However, a new source of capital in the form of Venture Debt (VD) is becoming a crucial part of the startup ecosystem. Indian startups raised $538M of venture debt in 2021, 2x of 2020. For 2021, as a percentage of total VC funding, VD stands at just 1% for India compared to 22% in the US. This gives a lot of potential for this asset class to emerge in India. VD is going to become a choice of funding for many startups due to its cheaper form of financing, faster fundraising and availability at the early-growth stage.  India has already developed strong high-quality domestic Venture Debt Funds: Trifecta Capital, Alteria Capital, Stride Ventures and Innoven Capital. Amongst them, they have a combined AUMs of more than $1.5 B and are investors in more than one-third of India's 100 unicorns! In BusinessBar's latest special: we have covered everything from the basics of a VD deal to landscape, financial jargon to the term sheet.

Deep Dive: https://businessbar.net/all/understanding-venture-debt/

This week’re talking about the live streaming industry and specifically Twitch. All of us have interacted with video games in one way or another, be it playing Mario Bros on our nintendos, building castles in Minecraft or spending countless hours in cyber cafes.

The world of esports and gaming is undergoing a huge revolution due to the likes of Twitch and live streaming in general.  Did you know that last year over 24Bn hours of content was streamed on Twitch? Not only that, a number people have taken live streaming has a full time job to earn a livelihood, meaning they are able to make a living out of playing their favorite video games and streaming them over the internet.

How has Twitch enabled gamers to do this? How big is the world of live streaming and what are the various possibilities in it? We bring you our analysis of the live streaming industry and talk in depth about it’s market leader, Twitch!

https://businessbar.net/all/twitch-how-streaming-is-bringing-everything-alive/

BusinessBar turns 2!

The 2nd anniversary of BusinessBar also brings up another milestone in our journey- Annual rate of 100k views!

What started two years ago as a simple website has now grown to a community of over 6000 people. In the process, we have more than doubled our team size.

Key highlights: 
-200k Minutes spent on the platform
-55 Articles published
-100% Articles published on time

Team BusinessBar thanks all our readers, guests and donors for your support and love. 

We’ll not only be rolling out more content, but the newer editions of the one-of-a-kind ‘BB-Mixers’ will also be coming to other cities as well. Stay tuned for the upcoming BB-Mixer in Gurgaon. Details to follow.

Till then, grab your drink and start sipping through the insightful stories at businessbar.net.

Cheers
Team BB

Ikea had set up its global office in Bengaluru last year. Early this year, Airbnb launched a new technology hub. So has been the case with ~20 other MNCs which have opened their centers in India in Q1, 2022. Now, these offices are what we call ‘Global Capability Centers’ aka GCCs.

Over the last 15 years, GCC centers in India have scripted a success story, contributing enormous value to their parent firms and to India. What started off as a result of MNCs creating offshore centers to achieve labor & cost arbitrage, have now grown to become the second headquarters for their parent companies. 

India is home to over 50% of the world’s Global Capability Centers (GCCs) & leads this industry with market size of ~USD36 bn. 

Some interesting facts regarding this industry:
- Employs over 1.4mn | Contribute ~5.5% of the personal income taxes collected by GoI
- Growing strongly at a CAGR of 11.7%
- Increasing collaboration between MNCs (through GCCs) & Indian Startup Ecosystem
- New Age technologies such as AI, IoT, Blockchain are finding scalable global opportunities through MNC accelerators 

Head over to BusinessBar for a deep dive into the GCC world!

Link: https://businessbar.net/all/gccs-indias-magnet-for-mncs/

Good evening folks!

In 2016, the Government of India permitted 100% FDI in online marketplaces. Fast forward to 2022, marketplaces are the top-funded e-commerce sub-sector, accounting for around 59% of the total $29B funding raised during 2014-Q1 2022. Further, marketplaces have minted 12 of the 103 unicorns in India. 
 
Marketplaces are loved by investors, entrepreneurs and users. After all, what's not to like?
Buyers get access to erstwhile inaccessible products and sellers get access to these buyers from Kashmir to Kanyakumari.
The prices are lower due to scale and volume discounts. It's always sale season.
Having more buyers gets more sellers and this gets more buyers. The cycle continues. Hello hockey stick user growth! 
They require very little capital to hit the floor. 

Head over to BusinessBar to know more about marketplaces, the rise of B2B and the verticalization theme that has fuelled the marketplaces once again!


https://businessbar.net/all/vertizalization-of-marketplaces-in-indi/