Economics of hosting the Olympics
The Tokyo Olympic games of 2021 became the most expensive summer games ever to be hosted. Experts estimate going as high as $26 billion, which is over three times the original budget of $7.3 billion.
UpGrad: Dreaming with eyes wide open
In just 5 years of its existence, UpGrad has completely shaken up not just the edtech sector but the education industry as a whole. With a total funding of $175 million, the startup is now valued at around $850 million and has recently achieved the milestone of Rs. 100 crore ($13 million) revenue in a single month.
SoftBank’s record-breaking profits explained
SoftBank made around $46 billion in after-tax profits for fiscal year 2020 (April 2020 to March 2021). A number higher than Berkshire Hathaway, Microsoft, and Alphabet!. SoftBank’s record-breaking profits explained.
Economics of the NBA
What if we told you that there is a private company that works for only 8 months in a year and generated a revenue of $8.7 billion which grew by $700 million year over year? Shocking right? Well, the entity is the National Basketball Association (NBA).
Coinbase Listing: An exchange listed on an exchange
This is the story of how Brian Armstrong, the founder and CEO of Coinbase Global Inc., created the largest exchange for cryptocurrency in the USA which made its debut on Nasdaq on April 14th, 2021 with a price of $381 and reached a peak of $414.
Drone Economy: The sky is the limit!
From flying it for fun to inspecting the surface of Mars, drones have evolved far from small toys for a hobbyist to fully-featured complex autonomous robots. Drones already have real-world applications in industries like agriculture, construction & infrastructure, disaster relief, aviation, and the largest of all, military applications.
Bumble IPO: Wallstreet’s first move after swiping right
With marketing slogans like “By women, for women” and “be the CEO your parents want to be married to”, the dating app Bumble has become more than just a dating app. In this article we will explore the backstory of the app and the CEO, discuss how bumble managed to acquire millions active users, the business model of the app and related numbers. Enjoy the ride!
Will Facebook ever be able to monetize WhatsApp?
When WhatsApp announced its new privacy policy recently with the condition that if the users don’t agree to the new terms, their account would be deleted. It created a spiral of reaction leading to people uninstalling the app and moving to apps like Telegram and Signal. This article will explore why hasn’t Facebook monetized WhatsApp until now and what it can do to explore the alternate sources of revenue.
Start-up Trends: India 2020
From Byju’s acquiring the children’s coding company WhiteHat Jr. to Cred’s series of advertisements, the Indian start-ups did not fail to create a buzz even in the pandemic. The pandemic shifted investor focus heavily towards EdTech, FinTech, and SaaS platforms and as a result, India now has more than 35 unicorns more than one-third of them made it to the club this year alone. This article will briefly explore what these new unicorns do and their recent rounds of fundraising that propelled them towards a billion-dollar valuation. We will also discuss why India is becoming a hotspot for large venture capital firms to invest in and which sectors got the highest funding in 2020 and which start-ups were in the most advantageous position to surge in the pandemic.
State of the Indian Equity Markets: Wrap-up 2020
From wild fires in Australia in January, to the COVID-19 pandemic, the year 2020 will go down in history as one of the worst year we have faced.
The Indian Stock market however, has ended the year 2020 roaring at new highs.
After having record declines in a day in March 2020, markets quickly rebounded and made investors happy at the year-end.
The returns for the year on Sensex is 15.75% while Nifty had a 14.90% return even after almost entire world was placed under a lockdown and the economies and global trade came to a standstill overnight.
The recovery curve of the stock market almost looks like a reverse curve of active cases of Covid-19.
In this article, we will have a look at some of the major events that took place throughout the year and how the Indian stock market reacted to it.
We will also look at why did markets remain positive even when economy as whole is still in ruckus and what events to look forward to as we enter in 2021.
Curated in collaboration with Asif Yahiya Sukri