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Walmart: How It Grew From A One Room Store To An International Success

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Back in the year 1940, when Sam Walton was just a Ben Franklin franchise owner in the nondescript town of Newport, Ark., he had a tiny blip of an idea. At that point, he did not realise his still developing idea was going to become such a huge success and he had no intention of working on it. Until at that point. Like any retailer worth his salt, Walton also looked at how to make the best out of deals from retailers.

Even though Walton was ranked as the richest man in the United States by the year 1980, looking for deals came naturally to him. In fact, he would refuse to go for a haircut that cost more than $ 5! When Walmart was founded, Sam realised he could basically double his profit by making his consumers happy and increasing the sales output in his company. At the time, his employees were required to deposit ten cents a cup in the jar as “coffee tax.”

Sam founded Walmart in 1945 with $ 20,000 borrowed from his father in law and a world changing idea in hand. Back then, his first store started with low priced goods and longer timings as compared to any of his other competitors. His margins were small, but he sold large quantities, which meant he could bargain for even lower prices from wholesalers. Essentially, Walton’s policies were those which drive smaller local stores out of business.

Even when he was worth close to $ 24 billion, Walton drove around in a pickup van and often borrowed money from his employees (it should be the other way around, but this seemed to work for him.) “Some people try to turn it into this ‘Save the Small Town Merchants’ deal, like they were whales or something that have a right to be protected,” he wrote in his autobiography.

From being a simple, one store operation in Newport, Walmart now has close to 4000 outlets in the United States and more than 3000 in countries outside the US. If frugality was a regime his employees protested, it was never brought to light. To make Walmart’s vision known to the public, Walton launched a “Made In America” campaign in the year 1945, as per which he sold American made products if suppliers could get within 5% of the price of a foreign competitor. This may have compromised the bottom line in the short term, but Walton understood the long term benefit of convincing employees and customers that the company had a conscience as well as a calculator.

To make his employees feel like they belonged to the company as a whole, Walton further ensured every employee a long term stake in all the profits and loses alike! At Walmart, to ensure team spirit and employee building, all the staff are required to take the pledge every morning as a sign of respect and belonging! Despite the company having tough times post Walton’s demise, the employees took matters into their own hands and ensured the long and successful run the company had had in the years before.

While Walmart seems ruthless and over bearing now, it started off with a very simple story and an idea to make it big in an ordinary world. If you think we missed out some parts of Walmart’s story to the big leagues, feel free to comment and tell us and we will add it to the list!

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PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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

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