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UNIQLO Unknown Facts

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UNIQLO, the Japanese clothing company, became famous worldwide and in the process, made its founder Tadashi Yanai the richest man in Japan, with a net worth of $ 24.9 billion.  The Company also became the third largest clothing retailer in the world, with an annual revenue of $ 18.9 billion in 2018.  Here are some unknown facts about UNIQLO.

Unknown facts about UNIQLO

1) The name UNIQLO was the result of a clerical mistake.  The Company was originally intended to be named Uniclo, which is a combination of ‘unique’ and ‘clothing.’  However, due to a clerical error in the Company’s registration papers, the name was changed to UNIQLO. 

2) UNIQLO takes an active part in charity.  It regularly recycles old clothes and donates them to refugee camps worldwide.  At one point, the Company had donated nearly 11 million clothes to various charities.

3) UNIQLO Japan hires a lot of people with disabilities.  The Company has a larger number of disabled employees working for them, compared to any other business in Japan.

4) November 21st, 2001 was UNIQLO’s most profitable day.  The Company opened its first store in South Korea’s capital, Seoul and earned $ 1.6 million on its opening day.

5) Although the Company is famous for its clothes, UNIQLO’s founder Tadashi Yanai considers it a technology company instead of a fashion company.

6) UNIQLO once ran a Hello Kitty campaign in collaboration with the company Sanrio, in order to raise awareness about cervical cancer.

7) Every UNIQLO store in the world has one thing in common—its manager’s office has a poster which reads, “ALWAYS FOLLOW COMPANY DIRECTION. DO NOT WORK YOUR OWN WAY.”

 

Which of these unknown facts about the Japanese company UNIQLO surprised you the most?  Comment below and let us know.

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Entrepreneur Stories

Tesla Secures Mumbai Facility as Key Step in India Market Entry

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Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

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Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

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