Bessemer Venture Partners announced the appointment of Pankaj Mitra as Partner in its India practice. The tech industry veteran will focus primarily on investments in enterprise tech, AI, and cybersecurity.
With more than 25 years of experience, Pankaj joins Bessemer from Cisco’s corporate development team, where for the past seven years he led investments and M&A activity for its global Customer Experiences portfolio as well as for India. Some of his investments include Fiddler (AI observability), Uniphore (contact center AI), and Whatfix (digital adoption). He has also worked at Infosys in a similar capacity and was part of the founding team for its $500 million innovation fund. His investments at Infosys included Ideaforge (NSE: IDEAFORGE) and Whoop. Earlier in his career, Pankaj helped launch VMware’s first cloud services as a product manager and was also a management consultant at Deloitte.
An Indian Institute of Technology, Kharagpur alumnus, Pankaj also holds an MBA from UC Berkeley Haas School of Business.
Commenting on the appointment, Vishal Gupta, Partner, said, “We are delighted to welcome Pankaj to the Bessemer family. Pankaj brings a breadth of experience which is a unique blend of investing prowess as well as deep industry knowledge. This will be invaluable as we look to deepen our commitments in AI, enterprise-tech, and cybersecurity in India.”
Pankaj himself commented, “I am thrilled to join Bessemer at this pivotal time. The ongoing AI platform shift offers a once in a generation opportunity for builders to usher in the next wave of tech evolution across industries. With its stellar track record, Bessemer is poised to partner with this new generation of ambitious, world-class founders in India addressing pain points domestically and globally, and I’m excited to be part of this journey.”
Bessemer has been active in India for the past two decades. The firm’s legacy investments include Mediassist, Perfios, Swiggy, Urban Company, among others. Some of its more recent partnerships have been with Boldfit, Easebuzz, Protectt, Shopdeck and more. Bessemer announced its second India fund with $350 million of capital in March this year, with a focus on AI, fintech, enterprise-tech, digital health, consumer, and cybersecurity.
About Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included ServiceTitan, Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has more than $18 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinise its best investment decisions and also learn from its mistakes.
According to reports, Good Glamm Group has postponed staff salaries for the second consecutive month in May.
April and May’s pay were meant to coincide, according to a news source that quoted an employee, but that doesn’t appear likely to happen anytime soon. It’s clear to everyone now that funding is the reason.
The financing has been delayed since January, when Good Glamm Group was expecting it to come. Payroll for April has already been postponed by the corporation. According to reports at the time, the business had told its staff that they would get paid in June for both April and May.
Salary credits have not yet been issued, though, and management has not yet responded to enquiries about the delay.
Payments of Freelancers and Former Employees Also Put on Hold
The Good Glamm Group has not yet paid its former workers’ and freelancers’ debts, according to the report. The unicorn is still owed INR 18,100, according to a LinkedIn post by Babita Bharati, a freelance copywriter for Good Glamm’s portfolio business The Moms Co.
According to Bharati’s post, working as a freelancer is difficult, and organisations like #GoodGlammGroup make it much more difficult. She also mentioned that in March and April of 2025, she worked as a freelance copywriter for The Moms Co. | Good Glamm Group, but she is currently experiencing problems getting them to pay her for her work.
Additionally, Bharati stated that she contacted over five different individuals within the company, noting that many members of the startup’s finance team were either already on notice or had departed.
In order to increase liquidand maity intain business operations, the content-to-commerce startup is apparently thinking about returning its ownership of Organic Harvest to the company’s founders, according to a media report. In 2022, the Good Glamm Group bought the bulk of Organic Harvest.
Despite this, there have been numerous resignations due to the firm’s instability. Kartik Rao, the startup’s chief people officer and a board member of WYN Beauty, a joint venture with Serena Williams, recently left the company to join the AI-driven recruitment platform Vahan.ai.
Delaying Salaries has Become Common Practice of Good Glamm in 2025
This year alone, the corporation has postponed salaries three times. Payouts for a portion of the company’s workforce were already postponed in January after a possible funding round fell through.
However, it eventually paid down the outstanding balances in instalments. The founders of acquired businesses like Sirona and The Moms Co., as well as investor IAN, have sent the company default notifications for nonpayment over the past year.
The unicorn has also conducted huge layoffs and offered several of its brands for sale in an effort to lengthen its runway. Recent rumours that supporters Accel, Prosus, and Bessemer have resigned from the company’s board have made the situation worse.
Its growing losses, shortcomings in product development, excessive marketing expenditures, low sales, and a decline in skincare product quality are all major contributors to this.
Important members of the product and marketing teams of numerous brands that the unicorn purchased are said to have been sidelined by the beauty-focused D2C platform, which has caused brand dilution and driven many of these brands further away from profitability.
The founder of the Indian grocery delivery startup KiranaPro told a media outlet that the company had been hacked and all of its data had been erased.
Deepak Ravindran, co-founder and CEO of KiranaPro, told a media source that among the deleted data were the company’s app code and its servers that included banks of private client data, such as names, mailing addresses, and payment information.
Established in December 2024, KiranaPro functions as a buyer app on the Open Network for Digital Commerce of the Indian government, enabling users to buy goods from neighbouring supermarkets and local stores.
According to the company, KiranaPro has 55,000 consumers, with 30,000–35,000 active purchasers spread throughout 50 cities, placing 2,000 orders per day.
In contrast to other grocery delivery apps, KiranaPro has a voice-based interface that lets users utilise voice commands in Hindi, Tamil, Malayalam, and English to place orders from nearby stores.
KiranaPro was Planning to Expand to 100 Cities in 100 Days
According to Ravindran, the business had intended to reach 100 cities in the 100 days prior to the tragedy. Executives at KiranaPro learnt of the incident on May 26 while accessing their Amazon Web Services account.
Ravindran told the media that hackers were able to access KiranaPro’s root accounts on GitHub and AWS.
A file with a sample of activity logs from around the time of the event and a few screenshots of the GitHub security logs were supplied by Ravindran, indicating that the hack occurred after someone obtained access to their systems using a former employee’s account.
According to Saurav Kumar, chief technology officer at KiranaPro, the attack occurred between May 24 and 25.
KiranaPro Used Google Authenticator
The business claimed to have implemented multi-factor authentication on its AWS account using Google Authenticator.
When they attempted to enter their AWS account last week, Kumar said, the multi-factor code had changed, and all of their Electric Compute Cloud (EC2) services—which provided clients with virtual computers to run their apps—were erased.
He pointed out that the KiranaPro team can only access the system by using their IAM [Identity and Access Management] account, which allows them to see that the EC2 instances are no longer there.
However, because they lack the root account, they are unable to obtain any logs or other information. According to Ravindran, KiranaPro has contacted GitHub’s support staff to assist in locating the hacker’s IP addresses and any evidence of the incident.
Ravindran added that the business is bringing legal action against its former workers, claiming that they failed to provide their login information so that they could access their GitHub accounts and view their logs.
The manner of the attack remains unknown. Credential theft, including the installation of malware that steals passwords on an employee’s laptop and the absence or non-enforcement of multi-factor authentication, was the source of some of the largest assaults in recent years, including LastPass, Change Healthcare, and Snowflake.
According to court documents examined by a media group, the conflict between Aakash Educational Services (AESL) and edtech company Byju’s has intensified.
Aakash filed a strongly worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, accusing international consulting firm Ernst & Young (EY) of professional misconduct and conflict of interest.
In a June 1 implementation application, AESL has sought the tribunal to either declare EY LLP and its partner Ajay Shah respondents in the case or dismiss Byju’s company petition, which was filed under Sections 241 and 242 of the Companies Act and claimed oppression and mismanagement.
AESL Allegations Against EY
Through Shailendra Ajmera, Byju’s Resolution Professional (RP) and a senior EY employee, AESL claims that EY, which has provided the company with a wide range of strategic, financial, and compliance-related advice services, is now working against it.
According to the application, this is a typical instance of conflict of interest and procedural abuse. EY designed and managed the very transactions that are currently under attack in the petition, including the issuance and conversion of non-convertible debentures (NCDs), equity restructuring, and internal governance issues.
The petition states that EY provided advice to Davidson Kempner about the structuring and valuation of NCDs. Additionally, it offered tax and regulatory advice with the transfer of shares to the Manipal group.
Furthermore, as recently as October 2024, EY participated in corporate strategy and internal board-level decisions at AESL.
AESL Showcased Evidences to Validate its Claims
In order to demonstrate EY’s purported participation in financial forecasts, liquidity management, and decision-making processes, AESL is displaying internal emails and advisory documents.
According to AESL’s submission, the RP has concealed important information, is going outside his authority under the Insolvency and Bankruptcy Code (IBC), and lacks standing to submit this petition under the Companies Act.
Ajmera’s status as RP is “severely compromised”, according to AESL, which has also threatened to take the issue to authorities, such as the Ministry of Corporate Affairs and the Insolvency and Bankruptcy Board of India (IBBI).
The action signals a larger governance challenge in the continuing battle, as the RP wrote to the AESL board a few days ago to ask for clarification on the independence and nomination status of its directors.
One of the main points of contention in the edtech giant’s continuous financial and legal issues is the dispute over Aakash, which Byju’s purchased in 2021 for $1 billion.
The board of AESL is currently under the leadership of the Manipal company, which acquired a sizable interest by turning debt into equity.
This submission challenges Byju’s petition’s validity as well as the advisers’ professional neutrality, setting up AESL for a full-scale legal and reputational onslaught. The RP and EY have not yet submitted a formal response to the implementation request.
Famous and popular entrepreneurs are remarkable individuals those have not only transformed industries but also inspired a global mindset shift. With diverse backgrounds and domains of expertise, they consistently lead the charts and serve as exceptional role models. These renowned business leaders have earned their status as the epitome of success and have become synonymous with achievement. What sets them apart is their unwavering self-belief, cultivated from an early age, and their relentless pursuit of success and recognition. Their stories are a testament to the power of hard work, dedication, and a resolute entrepreneurial spirit.
Join us as we delve into the captivating life journeys of famous entrepreneurs and their business unlocking valuable lessons from these iconic figures in the business world that can inspire and empower you on your own path to success.
What Makes an Entrepreneur Successful?
There’s no one-size-fits-all formula for becoming a successful entrepreneur. If you look at the path of any well-known founder, you’ll notice it all started with a simple idea. But turning that idea into something real takes years of hard work, focus, adaptability, and smart planning, with the right support along the way.
If you’re dreaming of building something of your own, start by thinking bigger than just a business, think about how your idea could make a difference or move the world forward. Once your idea is in place, it’s your commitment, strategy, and persistence that will carry it through. With time and dedication, you could be the next success story.
List of Top Famous and Successful Entrepreneurs in the World:
Valued at $192 Billion, Elon Reeve Musk, is one of the most famous entrepreneurs and the richest person in the world. He is professionally known as Elon Musk.
Elon Musk owns SpaceX the largest aerospace manufacturer, a clean energy and electric vehicle company, Tesla Inc., and The boring Company, a tunnel construction company. Elon Musk also co-founded Neuralink Corporation, a neurotechnology company, and owns an AI-based research laboratory, Open AI.
Musk has a diversified interest in business fields. He has founded high-tech companies like The Boring Company, SpaceX, and Neuralink Corporation. He owns the largest aerospace manufacturing company and the world's biggest infrastructure company providing tunnel construction services making him the best in the list of top 10 international entrepreneurs.
Elon Musk is a business tycoon, successful investor, industrial designer, and engineer. Musk also co-founded X.com which was merged with online bank Confinity.
"Persistence is very important. You should not give up unless you are forced to give up." - Elon Musk
Books recommended by Elon Musk -
Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel
The Hitchhiker’s Guide to the Galaxy by Douglas Adams
Superintelligence: Paths, Dangers, Strategies by Nick Bostrom
Jeff Bezos
Name
Jeff Bezos
Date of Birth
January 12, 1964
Education
Princeton University (BSE)
Source of Wealth
Amazon, Self Made
Net Worth
$221.8 billion (2025)
Best Entrepreneur in the World - Jeff Bezos
Jeff Bezos, the ecommerce tycoon, was born on 12 January, 1964 in Mexico. This man is the founder and CEO of Amazon, the largest ecommerce company. His biological father is Ted Jorgensen but his mother, Jacklyn Gise divorced Ted and married another man, Mike Bezos.
Jeff was graduated from Princeton University with degrees in Electrical engineering and Computer Science. He worked at Fintel to build their system for international trade.
He later changed career to banking industry in 1988. But after 5 years, he decided to start his own company. In 1994, Jeff Bezos started Cadabra, an online bookstore. The name was later changed to Amazon as it starts with an "A", beginner of alphabet. Jeff got the initial capital of 300,000 from his parents to start the company.
The company later transitioned into an ecommerce platform for all the product. Bezos has seen many ups and downs in his career. In fact, his company was almost bankrupted in 2002 due to over spending of funding. However, Jeff Bezos took Amazon out of that storm. As of 2023, Jeff Bezos is the third richest person in the world with a net worth of over $139 Billion.
“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” – Jeff Bezos
Books recommended by Jeff Bezos -
Built to Last by Jim Collins
Creation by Steve Grand
Rework by Jason Fried and David Heinemeier Hansson
University of Pune, University of Warwick, Harvard University
Source of Wealth
Diversified
Net Worth
$6.4 billion (2025)
Best Entrepreneur in the World - Sanjiv Bajaj
Born on November 2, 1969, Sanjiv Bajaj is among one of the most successful Indian businessmen, investors, and philanthropists. He is the Chairman of Bajaj Finance Limited and the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial services business of the Bajaj Group. The Bajaj Group is one of the oldest and largest conglomerates in India. Bajaj Finserv consisting of lending and insurance companies, has an annual revenue of over 410 crores USD for FY23.
Under his leadership, Bajaj Finserv has emerged as one of India’s leading diversified financial services companies with solutions across lending, insurance, and wealth advisory category. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Sanjiv is known for pioneering digital consumer financing in India, which helped transform the entire landscape of the financial services space.
“We have always focussed on building long-term businesses built on excellence, sustainable profit.”
Born on October 28th, 1955, William Henry “Bill” Gates III is an American business magnate, investor, philanthropist, and author. In 1975, Gates with Paul Allen co-founded Microsoft with a vision to be a successful and famous Entrepreneur of all time. They never knew their fortune and their hard work would enlist them in the world’s largest Personal Computer software company. In recent years Bill Gates has devoted more time to philanthropic activities. Bill Gates is one of the top 10 entrepreneurs in the world.
During his career journey at Microsoft, Bill Gates held the positions of chairman, Chief Executive Officer (CEO) and Chief Software Architect (CSA). Uptill May 2014 he had the highest individual shareholder. He has authored and co-authored several books. However, Bill Gates has been always ranked in the Forbes list of the world’s wealthiest people since 1987, and he was the wealthiest entrepreneur from 1995 to 2007, then again in 2009, and then from 2014 to 2017. Bill Gates is the most famous entrepreneur and holds the Guinness World record for inventing "World's First Microcomputer" in 1980.
"We all need people who will give us feedback. That’s how we improve."- Bill Gates
Popular Entrepreneurs in the World - Mark Zuckerberg
Born on May 14th, 1984, Mark Elliot Zuckerberg is an American computer programmer and Internet entrepreneur. He is one of the famous businessman in the world. He is the chairman, chief executive officer (CEO), and co-founder of Facebook, now rebranded as Meta. Since his adulthood Mark was keen to take up his future as a smart, influential and famous entrepreneur. As of 2017, his net worth is estimated to be the US $128 billion, ranking him as the 5th richest person in the world.
Facebook was launched by Zuckerberg from Harvard’s dormitory rooms on February 4, 2004. He was aided by his college roommates and fellow Harvard University students Eduardo Saverin, Dustin Moskovitz, Andrew McCollum, and Chris Hughes. The group then introduced Facebook to other college campuses. Mark is among the most famous entrepreneurs in the world. Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year distinction since 2010. As of 2023, his net worth is estimated to be the $87.3 billion.
"Facebook was not originally created to be a company. It was built to accomplish a social mission - to make the world more open and connected." - Mark Zuckerberg
Books recommended by Mark Zuckerberg -
Creativity, Inc. by Ed Catmull
Sapiens: A Brief History of Humankind By Yuval Noah Harari
The Rational Optimist: How Prosperity Evolves by Matt Ridley
National institute of Engineering, Mysore (BE), IIT Kanpur (MTech)
Source of Wealth
Infosys, Self Made
Net Worth
$4.6 billion (2025)
Narayana Murthy
Born on the 20th, August 1946, Nagavara Ramarao is commonly referred to as Narayana Murthy and is an Indian IT industrialist and the co-founder of Infosys, a multinational corporation providing business consulting, engineering, technology, and outsourcing services. His varied distinctive knowledge has led him to be a famous entrepreneur with showering success on his way. He is one of the famous Indian businessmen.
He started Infosys in 1981 and served as its CEO from 1981 till 2002 and as its chairman from 2002 to 2011. Fortune magazine has listed Murthy as one of the greatest and top Indian entrepreneurs of all time. Time magazine has described him as the Father of the Indian IT sector due to his contribution to outsourcing in India.
"It's very important to learn quick lessons from your failures, very important to recognize symptoms of failure pretty early, and it is very, very important to not to be attached too much to the idea - you have to know when to give up an idea." -Narayan Murthy
Books recommended by Narayana Murthy -
Winners Never Cheat Even in Difficult Times by Jon M Huntsman
What Money Can’t Buy: The Moral Limits of Markets by Michael J. Sandel
University of Illinois, Urbana-Champaign (no degree), University of Chicago (no degree)
Source of Wealth
Oracle, Self Made
Net Worth
$206.2 billion (2025)
Larry Ellison
Born on August 17th, 1944, Lawrence Joseph Ellison, commonly known as Larry Ellison is an world famous and most successful American businessman, entrepreneur, and philanthropist who has co-founded Oracle Corporation and thrives to become a famous entrepreneur by creating the best possible value of his software services to the most valued customer. Larry Ellison was the CEO of Oracle from its foundation until September 2014. At present he is the executive chairman and chief technology officer. Forbes magazine listed him as the seventh-wealthiest in the world and as the fifth-wealthiest person in America, with a fortune of $51.9 billion as of February 2017.
“When I do something, it is all about self-discovery. I want to learn and discover my own limits.” - Larry Ellison
Books recommended by Larry Ellison -
The Robber Barons: The Great American Capitalists by Mathew Josephson
Top Entrepreneurs in the World - Michael Saul Dell
Born on February 23rd, 1965, Michael Saul Dell is an American business magnate, investor, author, and philanthropist. Michael Dell is the founder and CEO of Dell Technologies, one of the world’s leading providers of information technology and infrastructure solutions. Michael wasn’t the only famous entrepreneur to ride the computer boom of the late 1980s and early 1990s from rags to riches.
Like Rod Canion of Compaq and Steve Jobs of Apple, Dell turned a fledgling start-up into a multibillion-dollar computer empire. But unlike the ill-fated Canion and Jobs, who lost control of their creations as they grew, Dell has managed to hold on to the reins of his maverick venture and achieve the unique distinction of being the computer industry’s longest-tenured CEO. As of February 2023, he is ranked the 24th richest person in the world by Wikipedia, with a net worth of $51.6 billion.
"There are a lot of things that go into creating success. I don't like to do just the things I like to do. I like to do things that cause the company to succeed. I don't spend a lot of time doing my favorite activities." - Michael Dell
Born on January 28th, 1940, Slim was ranked as the richest person in the world from 2010 through 2013. Carlos Slim is a Mexican business magnate, investor, and philanthropist. He secured his fortune from his large holdings in a significant number of Mexican companies through his empire, Grupo Carso.
He was ranked #7 on Forbes list of billionaires since 31 July 2016, with a net worth that is estimated at more than $50 billion. His empire includes education, entertainment, energy, healthcare, industrial manufacturing, transportation, retail, real estate, media, hospitality, high-technology, sports, and financial services. However, his great effort and a constant hunger to be a famous entrepreneur have bought him a great tenure of success. He is holding a net worth of $86 billion in 2023.
“Technology is going to transform people’s lives and society everywhere in the world. I spend most of my time studying new technologies. My main task is to understand what’s going on and try to see where we can fit in.” – Carlos Slim
Books recommended by Carlos Slim -
The Warren Buffett Way by Robert G Hagstorm
The Money Machine by Philip Coggan
Common Wealth: Economics for a Crowded Planet by Jeffrey Sachs
Sergey Brin
Name
Sergey Brin
Date of Birth
August 21, 1973
Education
University of Maryland, College Park (BS), Stanford University (MS)
Source of Wealth
Google, Self Made
Net Worth
$134.5 billion (2025)
Top Entrepreneurs in World - Sergey Brin
Sergey Brin is a computer scientist. Sergey Brin founded Google with Larry Page. The two became billionaires as Google developed into the world's most popular search engine and a media giant. In 2006, Google purchased the most popular website for user-submitted streaming videos, YouTube, for $1.65 billion in stock. In November 2016, Brin was ranked No. 13 on Forbes' "Billionaires" list, and No. 10 among U.S. billionaires who made the list. Sergey Brin stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controller shareholder and a board member. As of 2023, Sergey Brin has net worth of $102.1 billion.
Books recommended by Sergey Brin -
"Surely You're Joking, Mr. Feynman!" by Edward Hutchings
Top Entrepreneurs in World - Richard Charles Nicholas Branson
Born on 18th, July 1950, Sir Richard Charles Nicholas Branson is an English business magnate, investor, and philanthropist. He is the founder of the Virgin Group, which manages more than 400 companies. Richard Branson is very popular for his lifestyle and charity. His vision was well accomplished since he started his journey from an early age.
Richard started with a magazine called Student at the age of sixteen. Although it was his first business venture which curated a wonderful entrepreneurship journey which made him a famous entrepreneur. In 1972, he set up a mail-order record business and he opened a chain of record stores, Virgin Records, later known as Virgin Megastores respectively. Branson’s Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic airline and expanded the Virgin Records music label.
Branson was knighted at Buckingham Palace for “services to entrepreneurship” in March 2000. He became one of the most prominent figures in British culture for his work in retail, music, transport, taste for adventure, and for vast humanitarian work. As of 2023, The Sunday Times estimates Richard Branson and his family's collective net worth to be an impressive £2.41 billion.
"There is no greater thing you can do with your life and your work than follow your passions – in a way that serves the world and you." - Richard Branson
Books recommended by Richard Branson -
Happiness: A Guide to Developing Life’s Most Important Skill by Matthieu Ricard
Big World, Small Planet: Abundance within Planetary Boundaries by Johan Rockstrom, Mattias Klum
One Hundred & One Reasons To Get Out of Bed by Natasha Milne
Jack Ma Yun
Name
Jack Ma Yun
Date of Birth
10 September 1964
Education
Cheung Kong Graduate School of Business (2006), Hangzhou Normal University
Source of Wealth
Alibaba Group and Ant Group, Self Made
Net Worth
$26.3 billion (2025)
Top Entrepreneurs in the World - Jack Ma Yun
Jack Ma, once an English teacher, became one of the most successful entrepreneurs in the world. He started Alibaba, a huge online shopping company in China that changed the way people buy and sell things.
In 1999, Jack Ma began Alibaba from his small apartment in Hangzhou with 18 friends. At that time, online shopping in China was almost unheard of. Alibaba first helped Chinese factories connect with buyers from other countries.
But Jack Ma dreamed bigger.
He later created Taobao, an online marketplace for everyday people in China. Today, both Alibaba and Taobao are leaders in China’s e-commerce world, helping millions of people run their businesses online.
Jack Ma’s journey shows that even big dreams can come true—with hard work, strong belief, and never giving up.
Books recommended by Jack Ma -
Tao Te Ching: by Stephen Mitchell, Lao Tzu
Built to Last: Successful Habits of Visionary Companies by Jim Collins, Jerry I Porras
Here Comes Everybody: The Power of Organizing Without Organizations Paperback by Clay Shirky
The Long Tail: Why the Future of Business Is Selling Less of More by Chris Anderson
Makers: The New Industrial Revolution by Chris Anderson
Business Cycles: by Joseph A. Schumpeter
Conclusion
The list above includes notable foreign entrepreneurs as well as successful entrepreneurs from India. These well-known individuals serve as a great source of inspiration, offering valuable insights into the path to success. Global entrepreneurs are driving innovation and creating impact across industries, inspiring a new generation of global entrepreneurs to think big and act boldly. Each of these popular and well known entrepreneurs has experienced both triumphs and challenges throughout their journey. As of 2025, these international entrepreneurs continue to work tirelessly for their companies, serving as a source of inspiration for aspiring entrepreneurs through their business ideas and stories. We hope that this compilation of renowned entrepreneurs and their stories has provided you with valuable lessons on navigating the entrepreneurial journey.
FAQs
Who are the most successful entrepreneurs in the world?
The list of entrepreneurs who are most successful and famous in the world are:
Jeff Bezos
Elon Musk
Sanjiv Bajaj
Bill Gates
Mark Zuckerberg
Sir Richard Charles Nicholas Branson
Sergey Brin
Carlos Slim
Michael Saul Dell
Larry Ellison
Nagavara Ramarao Narayana Murthy
Jack Ma
What industries have these famous entrepreneurs made an impact on?
These entrepreneurs have made a significant impact across various industries, including technology, e-commerce, space exploration, social media, and telecommunications.
Which entrepreneurs are on the list of the rags to riches stories of Indian entrepreneurs?
Dhirubhai Ambani, Karsanbhai Patel, Kalpana Saroj, Patricia Narayan, Sunil Bharti Mittal, and Narayan Murthy are some of the entrepreneurs who can easily be included on the list of the rags to riches stories of Indian entrepreneurs.
What are the characteristics of entrepreneurs?
Entrepreneurs are risk-takers, innovative thinkers, and self-motivated individuals. They possess resilience, adaptability, and persistence to overcome challenges, while being goal-oriented and passionate about their ventures.
What makes famous entrepreneurs stand out from others?
These entrepreneurs stand out for their exceptional vision, innovative ideas, ability to disrupt industries, and remarkable business achievements. They have built global empires and transformed the way we live and do business.
Can I learn from the experiences of these greatest entrepreneurs?
Absolutely! By studying the lives and journeys of these greatest entrepreneurs, you can gain valuable insights, learn from their successes and failures, and apply their strategies and principles to your own entrepreneurial endeavors.
Who is the most famous businessman?
The most famous businessman today is Elon Musk, known for Tesla, SpaceX, and X (formerly Twitter).
The idea of a franchise business is becoming more and more famous in numerous industries. The main reason this idea is so popular is that it not only helps brands make more money, but it also helps them connect with more people around the world.
After making waves in other industries, the franchising concept is also shaking up the tea cafe industry in India. A lot of brands, like Chaayos, Chai Sutta Bar, Tea Villa Café, and more, have already grown their businesses by using the franchise business model. Starting a tea stall franchise is a great, low-cost business idea for anyone passionate about serving fresh and flavorful tea.
This trend will continue to grow over the next few years. The café culture in India has grown a lot over the years and is now found in more places than just the big towns and metropolitan areas. Tea café franchisors are actively looking to explore the unexplored regions of India in order to turn this trend into a business opportunity.
Guide to Starting a Tea Franchise in India
In this tea franchise list, we will learn about some of the best tea franchises available in India, along with the required investments and potential profit margins. There are many popular chai franchise names in India offering low-investment options for aspiring entrepreneurs.
Best Tea Franchise in India
Tea is a big part of Indian culture, and there are many famous tea franchises to choose from. Here are some of the top tea franchises in India known for their quality and popularity:
In 2016, Anubhav Dubey and Anand Nayak established The Chai Sutta Bar in Indore, which quickly became one of the most famous tea franchise in India. Customers can have kulhad chai, coffee, quick meals, burgers, and more from this Indian tea franchise.
With over 550 locations in 300+ cities, Chai Sutta Bar is the top quick-service restaurant brand in India. It is the world’s largest chai chain, with more than 10,000 employees working in franchisee-owned stores run by independent business owners.
Chai Sutta Bar, one of the top 10 tea franchise in India (CSB) see tremendous profit margins and consistent, outstanding growth year after year. Beginning a journey with a proven, tested, and ROI-driven company model is a cakewalk.
There are two franchise concepts in Chai Sutta Bar:
Under the FOFO (Franchise Owned Franchise Operated) model, the Company grants the franchise operator a licence to use the Brand Name in exchange for a fixed, non-refundable fee, or “Franchise Fee,” for a set amount of time.
The Company-Owned Company Operated (COCO) business model, which is owned and run by the company itself, could be simply seen as another outlet of the company. From the moment the business opens until it closes, the company takes care of everything. A franchise location is completely unrelated to it. Chai Sutta Bar, being a go-to place for chai lovers, is one of the best and most profitable tea franchise in India.
Chai Garam was founded in 2008 by Bhrigu Dutt in New Delhi. After being in this business for more than a decade, Chai Gram has already opened around 300 outlets (till May 2024) both in India and abroad. Despite being modular and standardised, the theme and design aspects of the Chai Garam outlet were meticulously designed to enable customisation while maintaining quality, value, and cost.
Malls, high-street markets, food courts, airports, metro stations, hospitals, universities, offices, and petrol pumps are just a few of the many places one may find Chai Garam Cafe in its many modular forms. Its popularity among customers makes Chai Garam one of the top tea shop franchise in India.
Chaayos
Tea Franchise in India
Chaayos
Infrastructure Investment
INR 5-10 Lakh
Area Required
200-400 sq. ft.
Total Franchise Units
Around 200
Franchise Fee
Included in Infrastructure Investment
Royalty Fee
INR 1 Lakh
Profit Margin
95%
Chaayos – Top 10 Chai Franchise in India
Chaayos, one of the top 10 tea franchise in India was founded by Nitin Saluja and Raghav Verma in 2012 in Gurugram. Chaayos offers a wide selection of tea blends, as well as optional additions like ginger, tulsi, and lemongrass, and customers can even customise their tea by choosing the sweetness level. This concept of personalisation is reflected in Chaayos’ slogan, “Experiments with Chai,” and this connects perfectly with chai enthusiasts all throughout India. Chaayos has about 25 different flavoured teas that can be altered in 12,000 different ways.
A Chaayos franchise requires an initial investment of 5–10 lakh rupees. This includes the price of setting up a store or unit between 200 and 400 square feet in size, as well as other essential charges for getting the franchise outlet up and operating. One of Chaayo’s unique selling points is that it pairs each franchisee with a personal relationship manager who is there to help them out whenever they need it and handle any issues that arise while they’re running the business.
Chai Point, another prominent name in the tea franchise list, was founded by Amuleek Singh Bijral in 2010 in Bengaluru. Since its inception, the Chai Point has expanded its presence strongly in the country and it has become one the best tea franchise of India. The Chai Point’s mission is to serve customers the finest chai possible by using only the freshest, all-natural ingredients, such as ginger, elaichi, and hand-blended spices.
Chai Point Franchise sources their ingredients from the finest estates in Assam, where they undergo rigorous testing by their experienced tea tasters. The chai they serve is without sugar and wholesome, reflecting their commitment to providing customers with both flavour and health.
In order to add more professionalism to their franchises, Mountains Trail Academy (MTA) has partnered with the Chai Point Franchise to teach their staff on how to make great tea for customers. The retail shops bring in about 60% of Chai Point’s income, while the corporate service business brings in 30% and the delivery business brings in 10%.
Chai Calling
Tea Franchise in India
Chai Calling
Infrastructure Investment
INR 4-5 Lakh
Area Required
100-200 sq. ft.
Total Franchise Units
110+
Franchise Fee
INR 1.5 Lakh
Royalty Fee
NA
Profit Margin
70%
Chai Calling – Top Chai Franchise in India
Chai Calling, another famous tea franchise was started in 2015 by Pramit Sharma and Abhinav Tandon in Noida. In chai calling, the brand uses traditional and environmentally sustainable clay mugs that give customers a real desi chai experience. The company is stepping up its expansion efforts by targeting high-traffic places, such as residential neighbourhoods, colleges, malls, and institutions.
One of the most successful low-cost tea franchise in India, Chai Calling has quickly expanded to 110+ locations across the country and beyond. Opening a tea cafe franchise is a piece of cake with the help of Chai Calling’s comprehensive ecosystem, which includes kitchen planning, sales, technology, logistics, vendors, and staff training.
MBA CHAI WALA
Tea Franchise in India
MBA CHAI WALA
Infrastructure Investment
INR 2-5 Lakh
Area Required
100-150 sq. ft.
Total Franchise Units
Around 100
Franchise Fee
INR 1-2 Lakh
Royalty Fee
4%
Profit Margin
40-50% sales
MBA CHAI WALA – Top Chai Franchise in India
In 2017, Prafull Billore invested just INR 8,000 to launch MBA CHAI WALA in Ahmedabad. Tulsi, Masala, Adarak, Chocolate, and Elaichi chais are just a few of the varieties of tea offered by this Indian chai franchise.
The MBA CHAI WALA franchise has two franchise business models for investors: the Highway Model and the Lounge Model. While a highway model would necessitate a massive area of 5,000 to 8,000 square feet, a lounge model might be achieved in as little as 1,500 square feet. The brand also has a kiosk model that can be put up in 100–150 square feet. At present, MBA CHAI WALA has over 150 brand partners and over 100 outlets and is one of the low-cost tea franchises in India.
Chaai Seth
Tea Franchise in India
Chaai Seth
Infrastructure Investment
INR 4-6 Lakh
Area Required
100-350 sq. ft.
Total Franchise Units
Around 50
Franchise Fee
Around INR 2 Lakh
Royalty Fee
5%
Profit Margin
95%
Chaai Seth – Top Chai Franchise in India
Chaai Seth, another leader in the tea franchise list started its business operations in 2015 in Shillong. Founded by Arpit Raj, the brand Chaai Seth has risen in popularity owing to providing high-quality food and beverage experiences to its customers through its own and franchise outlets. Innovative tea blends, uniquely designed products, and a strong sales process are the key elements of Chaai Seth ‘s franchise business.
Franchisees get assistance from Chaai Seth when evaluating possible brand sites. They also get formal business training in areas like accounting, marketing, and sales both on and off-site, which helps them run the store smoothly. During the first week of business, Chaai Seth also sends support workers to help out until the outlet owners feel confident running the show. Chaai Seth is one of the best low-cost franchises in India, making it a lucrative opportunity for new business owners to start without spending too much money.
Chai Thela began its business operations in 2015 in Noida. Founded by Pankaj Judge, the brand has become one of the emerging brands in the Indian tea franchise world. Customers can choose from a wide array of teas at Chai Thela.
Chai Thela has around 40 outlets across 10 states in India as of May 2024 and intends to open more in the future. The primary target audience for Chai Thela’s kiosk-based business strategy is educational institutions and technology centres.
Tea Trails
Tea Franchise in India
Tea Trails
Infrastructure Investment
INR 35-40 Lakh
Area Required
500-800 sq. ft.
Total Franchise Units
40+
Franchise Fee
INR 5-7 Lakh
Royalty Fee
5%
Profit Margin
70% of sales
Tea Trails – Best Chai Franchise in India
The Mumbai-based Tea Trails was established in 2012 by Sanjeev Potti and is one of the top 10 chai franchise in India. Through its tea franchise concept, the company is letting its customers purchase and order hot beverages and snacks from the company’s tea shops that focus on offering a variety of flavoured teas, freshly brewed coffees, and breakfast menus.
A lot of perks are in store for the individual as a franchise partner. The company claims that those who have invested in Tea Trails as franchisees have witnessed the benefits of the tea cafe franchise model and the simplicity of the setup process. It also guarantees a healthy profit margin and return on investment.
Chai Nagri
Tea Franchise in India
Chai Nagri
Infrastructure Investment
INR 10-15 Lakh
Area Required
200-300 sq. ft.
Total Franchise Units
Around 20
Franchise Fee
INR 3 Lakh
Royalty Fee
2%
Profit Margin
40%
Chai Nagri – Top Chai Franchise in India
In 2018, Divam Wadhwa and Simran Singh established The Chai Nagri in Himachal Pradesh. Just like any other chai franchise in India, Chai Nagri serves up a variety of delicious, freshly brewed varieties of traditional Indian Chai, along with a wide selection of dishes.
Chai Nagri is the go-to brand in the areas where it operates because it offers comprehensive support, unlike other franchise models that just concentrate on opening new franchise outlets without proper surveys and services. This includes finding the perfect location, hiring the right staff, marketing on social media, sales analysis, and product presentation, among other unique services.
Tea Villa Café
Tea Franchise in India
Tea Villa Cafe
Infrastructure Investment
INR 15-18 Lakh
Area Required
200 sq. ft.
Total Franchise Units
NA
Franchise Fee
INR 5 Lakh plus GST
Royalty Fee
INR 20,000/month
Profit Margin
Around INR 1 lakh/month
Tea Villa Cafe – Top Chai Franchise in India
In 2014, Tea Villa Café was established in Mumbai by Micky Panjwani and Roopanshi Bhatt. Through its franchisees, the company operates its business. Its main concentration is the sale of various types of tea, including black, green, herbal, white, and so on. Waffles, soups, salads, sandwiches, burgers, coffee, juices, and more are also available for breakfast and snacks at Tea Villa Café.
Tea Villa Café has two franchise concepts– The first is the café model and another is the Xpress outlet. For the café model, a hefty investment is required of about 30-50 lakh whereas, the Xpress outlet requires a smaller investment of 15-18 lakh and can be operated from just 200 sq/ft. area. With this dual model, Tea Villa Café is giving a new tweak to the tea franchise business in India and also an opportunity for young investors who have limited amount of funds.
The Tea Planet was established in 2010 in New York, USA, by Srinivas Ganadinni as Hiranne Inc. He and his wife, Madhuri Ganadinni, then established Ganadinni Fine Foods Impex Pvt Ltd. in 2011 in Hyderabad to expand their tea business in India. The headquarters of The Tea Planet is now located in Hyderabad. This famous tea franchise provides its franchisees with a wide variety of hand-blended, flavour-tested teas, bubble tea drink mixes, and syrups. A variety of bubble tea beverage mixes inspired by Taiwanese culture and tailored to Indian taste buds are available at The Tea Planet.
For the benefit of a global customer base, The Tea Planet has standardised serving sizes, prices, and product varieties. University campuses, medical facilities, shopping centres, airports, and any other commercial or residential area can host this tea franchise as a standalone café or kiosk. It is considered one of the best and low-cost tea franchises in India.
Pappu Chaiwalla
Tea Franchise in India
Pappu Chaiwalla
Infrastructure Investment
INR 15-20 Lakh
Area Required
600-700 sq. ft.
Total Franchise Units
9
Franchise Fee
INR 5 Lakh
Royalty Fee
6%
Profit Margin
NA
Pappu Chaiwalla – Top Chai Franchise in India
Pappu Chaiwalla works under the umbrella of the hospitality consultant, Chefs@Work, which was founded by Chef Rajneesh Gandhi. Pappu Chaiwalla started its franchise business in 2018, and as of May 2024, it has 9 outlets in 4 states.
The Pappu Chaiwalla, one of the best tea shop franchise presents an innovative business model that relies on semi-skilled workers to run well, which helps its investors keep things running smoothly. On occasion, the company will update its menu with new and improved food and snack options, including innovative blends. From the very beginning, until it reaches a point of profitability, Pappu Chaiwalla provides assistance and support to its new business locations.
Chahapani Amruttulya
Tea Franchise in India
Chahapani Amruttulya
Infrastructure Investment
INR 5-10 Lakh
Area Required
150 – 300 sq. ft.
Total Franchise Units
100-200
Franchise Fee
INR 3 lakh
Royalty Fee
–
Profit Margin
–
Chahapani Chaiwalla – Top Chai Franchise in India
Chahapani Amruttulya, the best best chai franchise in India, is a fast-growing tea franchise in India known for its unique blend of traditional taste and modern business approach. Started in 2019, it has expanded to over 200 outlets across states like Maharashtra and Gujarat. With a low investment and support in training, marketing, and operations, it offers a strong return potential. It’s a great opportunity for aspiring entrepreneurs in the food and beverage sector.
End Note
The concept of tea shop franchises is rapidly gaining traction in India. Market players like Chaayos, Chai Garam, Chai Sutta Bar, Tea Trails, and more have expanded their businesses in a short period of time. However, it is crucial to closely monitor the growth strategies of these brands as they venture into tier 2 and 3 cities. For top tea franchise in India, gaining a foothold in these cities is essential if they want to break into tier 4 and 5 cities. Overall, the future of the tea franchise business industry in India seems promising.
Some of the best tea franchise in India include Chai Sutta Bar, Chaayos, Tea Villa Café, MBA CHAI WALA, The Tea Planet, Chai Nagri, Chai Point, Chai Garam, Chai Tapri, Pappu Chaiwala, Chai Calling, and more.
What are some of the best low-cost tea franchises in India?
Some of the best low-cost tea franchises in India under a 10 lakh investment include MBA CHAI WALA, The Tea Planet, and Chai Calling.
Are tea franchises profitable?
Tea franchise in India, led by brands like Chaayos, Chai Sutta Bar, and Tea Villa Café, are growing profitably through the franchise model. This trend will continue as café culture expands, with franchisors exploring into new regions.
Which is the tea franchise under 1 lakh in India?
Tea franchises under INR 1 lakh in India are rare, but some local or emerging brands may offer low-cost kiosk or cart-based models. Options may include small regional brands or mobile tea stalls with low setup fees. Always verify terms directly with the franchisor.
Which is the tea franchise under 2 lakh?
Tea franchises under INR 2 lakh in India are ideal for small investors looking to start a business with low risk. Options like kiosk models from brands such as MBA Chai Wala (Express) or Chai Garam offer low cost tea franchise. These franchises typically include essential equipment, training, and initial stock. Some regional or local tea brands also provide budget-friendly franchise opportunities.
The funding space witnessed another active day as companies across finance, wellness, energy, and tech revealed major investments and capital raises. Here’s a breakdown of the most noteworthy funding updates from 3rd June 2025:
Company
Sector
Funding Amount
Funding Type
Lead Investor / Partner
Stable Money
Fintech
$20 million
Series B
Fundamentum Partnership
Adani Energy Solutions
Energy
₹4,300 crore ($502 Mn)
QIP Share Sale
Institutional Investors
Gully Labs
Fashion / Lifestyle
₹8.7 crore
Seed Round
Zeropearl VC
GyanDhan
EdTech / Fintech
₹50 crore
Series A
Classplus, Pravega Ventures
Upurfit
Sports Wellness
Undisclosed
Strategic Investment
Jonty Rhodes (Angel Investor)
Stable Money Raises $20 Million in Series B Round
Stable Money, a fintech platform enabling fixed-income investment access for retail users, has secured $20 million in its Series B funding round. The investment was led by Fundamentum Partnership, co-founded by Nandan Nilekani. This fresh capital will be directed towards enhancing product capabilities, scaling operations, and expanding customer acquisition efforts.
Adani Energy Solutions Approves INR 4,300 Crore QIP Share Sale
Adani Energy Solutions Ltd. (AESL) has received board approval to raise INR 4,3oo crore ($502 million) via a Qualified Institutional Placement (QIP). The capital will bolster AESL’s infrastructure development and clean energy transition projects. This funding move aligns with the company’s expansion blueprint within India’s energy sector.
Gully Labs Raises Rs 8.7 Crore in Seed Funding Led by Zeropearl VC
Gully Labs, India’s homegrown sneaker brand known for blending cultural storytelling with premium craftsmanship, has raised INR 8.7 crore in its seed round, comprising INR 7.6 crore in equity and INR 1.1 crore in venture debt. The company had earlier secured INR 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores.
GyanDhan, an education financing platform, has secured INR 50 crore in its Series A funding round from edtech leader Classplus and venture capital firm Pravega Ventures. The funds will help GyanDhan strengthen its tech infrastructure and expand its education loan offerings for Indian students pursuing studies abroad.
Upurfit Welcomes Jonty Rhodes as Investor and Brand Ambassador
In a blend of sport and wellness, South African cricket legend Jonty Rhodes has joined Indian sports wellness brand Upurfit as both investor and brand ambassador. The partnership aims to amplify the brand’s presence and promote fitness and recovery among athletes and enthusiasts.
From billion-dollar funds to seed-stage innovations, today’s funding updates reflect a vibrant ecosystem all set to scale. Stay tuned for more developments in tomorrow’s roundup.
India’s First Education Loan Marketplace to Deepen Reach in Tier 2 & 3 Cities, and Scale Consultant Partner Network
GyanDhan, India’s leading education financing platform, has raised Series A funding of INR 50 crore in its latest funding round from edtech leader Classplus and venture capital firm Pravega Ventures. Founded by IIT alumni Ankit Mehra and Jainesh Sinha, GyanDhan is on a mission to make higher education more accessible by leveraging technology to simplify and scale education financing for Indian students, both in India and abroad.
The funding will enable GyanDhan to scale its operations and strengthen its leadership in the education financing ecosystem. The capital will be used to
Scale the consultant partnership network and invest in technology to help streamline the end-to-end student financing journey
Expand its physical presence to 50+ Tier 2 and Tier 3 cities;
Double the number of partnered financial institutions from 15 to 30 banks and NBFCs;
Grow the team across tech, credit, and sales to support regional scale
Invest in community-building via seminars, student workshops, and financial literacy sessions
With this strategic expansion, GyanDhan aims to drive loan originations worth INR 18,000 crore (~USD 2.1 billion) over the next three years, , up from the current INR 7,000 crore (~USD 840 million) in cumulative originations. The company will also tap into emerging opportunities in the skilling and executive education segments.
“This fundraise is more than just capital—it’s a strong vote of confidence in our mission to democratize access to education. At GyanDhan, we’ve seen firsthand how the right financial support can change the trajectory of a student’s life. With this backing, we’re doubling down on building the infrastructure and technology that will unlock educational opportunities for millions of families across India,” said Ankit Mehra, Co-founder and CEO of GyanDhan.
This round builds on prior capital raised from Education Catalyst Fund, Sundaram Finance, Stanford Angels, Harvard Angels, and angel investors, including Pravin Gandhi and Satyen Kothari.
“We love resilient founders, and the GyanDhan team has displayed the DNA of surviving in a tough but massive TAM. Education financing will be a strong pillar of the evolving India and we are glad to be a part of this journey.” said Mukul Rustagi, Co-founder and CEO, Classplus.
“Education financing in India sits at a powerful intersection of fintech innovation and social impact. GyanDhan’s dual strategy of marketplace scale and focused NBFC lending, combined with their SaaS platform, demonstrates exceptional market understanding. At Pravega Ventures, we’re backing their team to become the definitive gateway for education financing in India, addressing a massive gap in an underpenetrated market” said Spokesperson, Pravega Ventures.
Despite a temporary slowdown in the global study abroad market due to macroeconomic headwinds and tighter visa norms, the long-term demand for international education remains fundamentally strong. Meanwhile, the rising cost of higher education—both in India and overseas—is intensifying pressure on middle-class family budgets. Yet, India’s education loan penetration remains under 20%, starkly lower than over 45% in developed markets like
the US, highlighting a substantial access and affordability gap. The current financing landscape is fragmented, leaving students and consultants to navigate a maze of disjointed options.
As the next wave of growth hinges on technology-led distribution, local presence, and embedded partnerships, GyanDhan’s hybrid marketplace + NBFC model, combined with its partner-first strategy, is uniquely poised to serve as the foundational infrastructure for education financing in India, at a time when students need it most.
About GyanDhan
Founded by Ankit Mehra and Jainesh Sinha, alumni of IIT Kanpur and IIT Delhi, GyanDhan is India’s first education financing marketplace. The company empowers Indian youth to pursue higher education through accessible and technology-driven financial products.
Over INR 7,000 crore (~USD 840 million) in education loans have been originated to date
Operates a hybrid model: marketplace + own NBFC lending arm
Partners with 15+ financial institutions, including SBI, ICICI, and Credila
Collaborates with 100+ education consultants who use its proprietary SaaS platform
Active in 30 cities, with ongoing expansion into Tier 2 & 3 locations
Global semiconductor companies X-Fab, DNeX, and Globetronics are reportedly in negotiations with Tata Electronics to purchase a fabrication or outsourced semiconductor assembly and test (OSAT) facility in Malaysia.
According to a media report, the deal will be spearheaded by KC Ang, the recently appointed president and head of Tata Semiconductor Manufacturing. For those who do not know, Tata Electronics’ semiconductor foundry is called Tata Semiconductor Manufacturing.
According to the report, DNeX’s SilTerra facility and Globetronics are two of the top candidates to be purchased by Tata Electronics.
Acquisition Aims to Further Strengthen Tata Group
According to the article, the acquisition is intended to increase the Tata Group’s expertise and talent pool before it enters the Indian semiconductor assembly and packaging market. The Indian semiconductor industry is seeing significant investments from the Tata Group.
With an investment of $11 billion, it is constructing India’s first semiconductor factory in Dholera, Gujarat. It is also spending $3 billion on a plant in Assam that will be used for semiconductor chip production and testing. OSAT activities will be the main emphasis of this initiative in Assam.
Malaysia is emerging as a key site to become one of the world’s robust pillars in the global semiconductor chip supply chain in recent years. According to reports, 13% of the testing and packaging sector worldwide is based in the nation.
Global chip manufacturer Intel has committed to investing $7 billion for its new plant in Penang, Malaysia, and the nation received an astounding $12.8 billion in foreign direct investments (FDI) in 2023.
The Malaysian government last year announced the National Semiconductor Strategy, which will help the industry grow by enhancing the current infrastructure of OSAT facilities, luring more foreign direct investment, and opening doors for chip buyers like Apple and Lenovo to establish manufacturing facilities in the nation.
Tata Electronics will be able to further acquire manufacturing-grade technology (MSGT) through the present acquisition, which is only available through well-established semiconductor companies.
Tata Group Fostering Alliances in Semiconductor Space
Tata Electronics has been forming partnerships with important semiconductor companies. To begin operations in Gujarat, the company inked a memorandum of understanding earlier this year with Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies, two Taiwanese semiconductor manufacturers, to produce display semiconductors.
The collaboration intends to enhance its chip design and serve both parties’ clientele. In addition, the semiconductor behemoth collaborated with Tokyo Electron Limited (TEL) in 2024 to construct infrastructure for semiconductor equipment.
However, the Indian government is also making investments to support the nation’s semiconductor sector. S. Krishnan, the secretary of the government of Electronics and IT (MeitY), stated in March that the government intends to launch the second India Semiconductor Mission (ISM) to assist the nation’s chip design infrastructure.
Microsoft has revealed that 305 workers would be let go in another round of layoffs. Less than three weeks have passed since the IT giant laid off over 6,000 workers worldwide in its most recent wave of layoffs. The Washington office’s more than 300 workers were let go.
The corporation claims that the most recent layoffs represent much less than 1% of its whole workforce, though it did not confirm whether any additional employees outside of Washington were impacted.
According to reports, Microsoft stated in an official statement that it is making the organisational adjustments required to best position the business for success in a changing environment.
Software Engineers and Product Managers Taken a Massive Hit
According to reports, the majority of the employees affected by this round of layoffs did not have managerial positions. Less than 17% of the impacted employees held management roles, suggesting that software engineers and product managers were the most severely affected.
In less than a month, this is Microsoft’s second significant round of layoffs. Over 6,000 positions, or about 3% of the company’s global workforce, were cut in mid-May, marking the biggest employment reduction since 10,000 people were let go in early 2023. 1,985 of those recent layoffs were allegedly located in Washington.
When combined with the most recent layoff total of 305, Microsoft has now let go of almost 2,300 workers in Washington this year.
Microsoft has now stated that the more recent layoffs in May were unrelated to individual performance, although the corporation had implemented some performance-based job cuts earlier this year. Instead, the corporation has blamed organisational restructuring for the latest cuts.
Microsoft’s Performance Based Terminations
A distinct issue surrounded the January layoffs as Microsoft was accused of conducting performance-based terminations without providing severance or health benefits in certain instances.
Employees were reportedly given quick termination notices and had their access to corporate systems terminated the same day, according to sources at the time. Microsoft has over 228,000 employees worldwide as of last year.
The corporation claims that the layoffs only affect a small portion of its employees, but the frequent reductions demonstrate how Big Tech companies’ priorities are shifting in response to the rapid advancement of artificial intelligence.
Many Silicon Valley tech businesses, including Google, Meta, and Amazon, have laid off thousands of workers in 2025 alone.
Microsoft is placing a large bet on artificial intelligence at the same time as its firing frenzy. The business recently revealed plans to invest $400 million in Switzerland to build infrastructure for cloud computing and artificial intelligence.
Microsoft declared earlier in January of this year that it would invest $3 billion in India to build AI infrastructure there, which would include building new data centres over the following two years.
Muskaan Kapoor
