Dhirajlal Hirachand Ambani, popularly known as Dhirubhai Ambani, was the pioneer of the world famous Reliance Industries Limited (RIL.) Though he came from humble beginnings, Ambani, with his impeccable business skills, was able to build India’s largest business empire. Today, RIL, headed by his son Mukesh Ambani, is India’s largest private sector petrochemical firm. From a spice dealer, to a cloth merchant, to a renowned business tycoon, Dhirubhai Ambani achieved a lot in his life. Here are a few inspiring quotes from the man who has been there and done that.
1) About dreaming big
“For those who dare to dream, there is a whole world to win.”
Dhirubhai Ambani, who came from humble beginnings, was able to build India’s largest business empire only because he dared to dream. When you are motivated by your dreams, the sky is the limit.
2) About hard work
“If you work with determination and with perfection, success will follow.”
Entrepreneurship is a risky process, the odds of failure are higher than the odds of success. Therefore, you need an iron will and perseverance to succeed. You might have an amazing goal, but if you do not have the determination and perseverance to get up everyday and work towards that goal, then you will not succeed.
3) About money
Picture credits: Indiatoday.in
“Money is not a product by itself, it is a byproduct, so don’t chase it.”
While money is a benefit successful entrepreneurs achieve after years of hard work, starting a business for money is not the right entrepreneurial mindset.The driving force for your business should be your passion, not your desire for money.
4) About distractions
Picture credits: scoopwhoop.com
“You will never reach your destination if you stop & throw stones at every dog that barks. Better keep biscuits & move on.”
When you are in pursuit of your dreams, there will be several distractions that may come your way. Several things, even people, for that matter, will distract you. If you stop and respond to all of these distractions, you will never make it big.
Which one of these quotes is your favourite? Comment below and let us know.
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MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.
MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.
As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.
This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service
Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.
The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.
This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.
Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.
Hypergro.ai, a Bengaluru-based marketing technology startup, has raised Rs 7 crore in seed funding led by Silverneedle Ventures, with participation from Huddle, TDV Partners, HME Ventures, Dholakia Ventures, FiiRE, and angel investors. Founded in 2022 by Rituraj Biswas, Neha Soman, Abhijeet Kumar, and Arijit Mukhopadhyay, the company aims to revolutionize digital marketing by addressing challenges like high Customer Acquisition Costs (CAC) and low Return on Ad Spend (ROAS).
The startup leverages AI to create hyper-personalized video ads using user-generated content (UGC). The fresh capital will be used to enhance Hypergro.ai’s AI capabilities, expand operations, and build a specialized team focusing on data analysis, predictive algorithms, and automation.
Since its inception, Hypergro.ai has collaborated with over 70 brands, including several from Shark Tank India. The company’s innovative approach has led to its selection for Google’s Startups Accelerator: AI First (India) program in July 2024, providing access to critical training, mentorship, and state-of-the-art AI tools.
Hypergro.ai’s platform now supports a community of over 300,000 creators across India and has partnered with more than 100 brands, significantly enhancing its AI model’s accuracy and improving revenue generation for clients. As it continues to expand and refine its AI-powered marketing solutions, Hypergro.ai is set to transform the digital advertising landscape, offering businesses more effective and efficient customer acquisition and engagement strategies.
COD
March 13, 2025 at 1:36 am
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Antony
March 27, 2025 at 1:48 am
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Luigi
March 27, 2025 at 3:13 pm
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