In today’s fast-paced world, Time has become one of the most valuable and fleeting resources. With the fast-paced lifestyle, people prefer everything quick and easy. Few entrepreneurs have managed to capture this essence of modern consumer needs and come up with extraordinary solutions to modern problems.
One such entrepreneur is Aadit Palicha, the Co-Founder and CEO of Zepto.
This article talks about his inspiring story of unparalleled success. Learn about Aadit Palicha, his education, career, family, net worth, Zepto, and more from this article.
Aadit Palicha – Biography
Name
Aadit Palicha
Born
2001
Birth Place
Mumbai
Education
IB Diploma at GEMS Education Bachelor’s degree in Computer Science at Stanford University (Dropped Out)
Aadit Palicha, born in Mumbai in 2001, has the credit of being one of the youngest CEOs in India. After completing his schooling, he got the opportunity to pursue higher education in Computer science at Stanford University, one of the world’s most prestigious institutions.
However, Palicha’s academic journey took an unconventional turn when he decided to drop out of Stanford. The decision was not out of failure but rather a deep-rooted belief that his time and energy could be better spent pursuing entrepreneurial dreams. He realized that India, with its rapidly growing digital economy, presented a golden opportunity for disruption.
While it will be hard for anyone to drop out of Stanford, Aadit not only took the courageous decision but also proved that it was worth the risk.
Kaivalya Vohra and Aadit Palicha – Co-founders of Zepto
At the age of as early as 17, Aadit began his business career by launching GoPool, a student carpool app in Dubai, before Zepto. Sadly, GoPool was unable to gain traction. Later, however, he and Kaivalya Vohra, his childhood friend founded KiranaKart, which ran for roughly ten months. But again, the two decided to shut down KiranaKart since they could not discover a solid product-market fit.
The duo did not sit back discouraged but took these setbacks as learnings and launched the now highly successful Zepto.
Aadit Palicha – The Birth of Zepto
This turning point in Palicha’s career came during the global COVID-19 pandemic. While many were grappling with uncertainty, Palicha identified a gap in the Indian market: the need for faster, more efficient delivery services.
Traditional eCommerce platforms, though effective, often took too long to fulfill orders, leaving a significant opportunity for quick commerce to thrive. This realization led Palicha and Kaivalya to launch Zepto in 2021. Zepto aimed to revolutionize how people shop for groceries and essentials by promising deliveries in 10 minutes—a feat that seemed impossible but became the company’s defining feature. The quick commerce sector was still in its infancy when Zepto was launched, and Palicha wasted no time in capturing the space.
His vision was simple: people shouldn’t have to wait for their everyday needs. Zepto’s hyper-local model, using micro-warehouses strategically placed in urban areas, allowed for fast deliveries, and it didn’t take long for the startup to gain traction. In just one year, Zepto managed to scale rapidly, attracting investors and customers alike.
Today, with around 150 locations across 11 Indian cities, Zepto is still expanding. Among its competitive rivals, it has shown itself to be a huge success.
Aadit Palicha hails from a supportive and entrepreneurial family. His father, Kavit Palicha, is an engineer and also a stakeholder in Zepto, while his mother, Urvashi Palicha, is the CEO of Search Point. Aadit Palicha’s parents have always been supportive and are important figures in his journey.
Aadit has always shown a passion for public speaking and debate. He was a national-level debater during his school years and served as the valedictorian of GEMS Modern Academy in Dubai.
Despite his young age and immense success, Aadit Palicha remains grounded. His life outside of work reflects a deep commitment to continuous learning and self-improvement.
Aadit Palicha – Challenges and Growth
The road to success has not been without hurdles for Palicha. His decision to leave Stanford was not without its challenges, but Palicha has always been firm in his belief that real-world experience can sometimes be the best teacher.
Palicha faced skepticism from many who believed that such rapid growth and aggressive targets were unsustainable. However, his strategic thinking, combined with a strong team and investor backing, allowed Zepto to meet and surpass expectations. His resilience in facing these challenges is a testament to his entrepreneurial spirit.
Palicha has also been vocal about the need for young entrepreneurs to be adaptable. He often speaks about how important it is to iterate and pivot quickly in the fast-moving world of startups.
Aadit Palicha – Controversy
Zepto CEO Aadit Palicha recently found himself in the middle of a controversy after a viral Reddit post accused the company of having a toxic work culture, including 2 a.m. meetings and long working hours. In response, Palicha posted on X (formerly Twitter), “I have nothing against work-life balance. In fact, I recommend it to all our competitors.” Palicha later clarified that the statement was a quote from Indian-origin CEO Daksh Gupta of Greptile, an AI startup, who had also sparked controversy for supporting 84-hour workweeks.
While the claims are unverified, the controversy has sparked questions about workplace practices in fast-growing startups like Zepto.
FYI, not my quote – read it from an interview of Daksh Gupta.
Aadit Palicha maintains a low profile on social media, focusing more on his business ventures rather than his personal life. His LinkedIn profile reflects his professional journey, including his role as the co-founder and CEO of Zepto, and highlights his achievements in the startup world.
Despite his youth, he has gained significant attention and followers, particularly from aspiring entrepreneurs and industry professionals who admire his success in quick commerce.
However, he does not appear to be highly active on other platforms like Instagram or Twitter (now X), keeping his social media presence more business-oriented.
Palicha’s achievements have not gone unnoticed. His work with Zepto has earned him several accolades and awards, both within India and internationally.
Some of the famous recognitions that he has received:
He was enlisted in the Forbes India 30 under 30, 2024
He was also in the Economic Times 40 under Forty, 2024
He is also the second youngest to be featured in the Hurun India Rich List in 2024.
Beyond individual awards, Palicha has also been recognized for his contribution to the startup ecosystem. He has been invited to speak at numerous industry events, sharing his insights on scaling a business, leadership, and the future of quick commerce.
End Note
Palicha’s story is of great inspiration to many young entrepreneurs across the country. From his early decision to leave behind a conventional academic path to building a billion-dollar company in record time, Palicha embodies the spirit of modern entrepreneurship. With many more years ahead of him, Palicha is undoubtedly a name to watch as he continues to shape the future of business in India and beyond.
Aadit Palicha is the co-founder and CEO of Zepto, a quick commerce platform.
What is Aadit Palicha age?
Aadit Palicha is 23 years old. He was born in 2001.
Which college did Aadit Palicha drop out from?
Aadit Palicha dropped out of the prestigious Stanford University.
What is Zepto net worth?
Zepto’s valuation is $5 billion as of December 2024, after raising $340 million, as it gears up for an IPO possibly in 2025.
What is Aadit Palicha education?
Zepto CEO, Aadit Palicha’s education includes an IB Diploma in Mathematics and Computer Science from GEMS Education. He then joined Stanford University to study Computer Science but later dropped out to build Zepto.
Who is Aadit Palicha father?
Aadit Palicha’s father, Kavit Dilip Palicha, is an engineer and a stakeholder in Zepto.
What is Aadit Palicha net worth?
Aadit Palicha has a net worth of INR 4,300 crore and was the second youngest on the Hurun India Rich List 2024.
Dabur is one of India’s most reputable and well-known household brands; therefore, it doesn’t need an introduction. The 140-year-old Ayurvedic firm Dabur began as an Ayurvedic medication manufacturer in 1884. Since its modest beginnings in Kolkata’s backstreets, Dabur India Ltd. has grown into a consumer goods corporation with the world’s broadest range of herbal and natural products.
About Dabur
Dabur has effectively transitioned from a family-owned company to a professionally run firm. With sales of over INR 12,886 crores and a market valuation of over INR 106,569 crores as of December 2024, Dabur India Ltd. is one of the top FMCG firms in India. Building on more than 140 years of quality and experience, Dabur is currently the most reputable brand in India and the biggest provider of natural and Ayurvedic healthcare worldwide.
With a range of more than 250 Ayurvedic products, Dabur India is also a global leader in Ayurveda. Nine different power brands are currently part of Dabur’s FMCG portfolio in India: Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur Pudin Hara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, and Dabur Vatika are a powerful global brand.
Dabur has remained loyal to its rich history and 140 years of quality and experience by earning the title of “custodian of Ayurveda.” Dabur is currently the biggest “science-based” ayurvedic company in the world. With a strong commitment to Ayurveda, Dabur has spent more than a century creating products using a range of scientific interventions to demonstrate the benefits of Ayurveda and its constituents. By providing goods that perfectly capture the benefits of Ayurveda and align with consumer tastes, Dabur offers a distinctive platform.
Dabur will keep emphasizing the “herbal and natural” offer as its central tenet both domestically and internationally in the future.
Brands are strategic assets because they provide great experiences and engage with customers on an emotional and rational level.
70% of Dabur’s overall sales come from nine power brands. These consist of one brand in foreign markets and eight in India (Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur Pudin Hara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, and Dabur Vatika). Given its 140-year history, Dabur has a legitimate right to triumph in the healthcare sector, where the majority of power brands operate. The company’s mission to be committed to the health and well-being of every household is reflected in the items it offers.
Through Digitisation
For Dabur, using digital transformation to stimulate innovation and growth is not a novel requirement. By pursuing an aggressive eCommerce and digital marketing strategy to capture the expanding market size of millennials and Gen Z, Dabur is capitalizing on the digital revolution. They conduct targeted advertising on a variety of digital platforms to appeal to young people, and they supplement these efforts with more easily accessible products on e-commerce and online marketplaces.
By Dominating the Rural Market
One of Dabur’s primary strategic focus areas is the country’s rural market. Dabur’s domestic market sales are among the largest in India’s FMCG sector, with approximately 47% coming from rural areas. To access this expanding customer base, Dabur has been focusing on expanding its direct reach to villages around the country. They have expanded their distribution network to include about 90,000 communities and 1.3 million outlets.
USP of Dabur
Dabur is a unique player in the consumer products market because of its USP, which is its focus on health and wellness segment. In order to grow its market share, brand will thus keep using this as a competitive advantage.
Dabur SWOT Analysis
Dabur SWOT Analysis
Dabur Strengths
Dabur distributes its goods through 5000 distributors and 3 million outlets in more than 60 countries.
Dabur’s strong product development and brand image.
A robust distribution system with a vast supply chain.
Health care, education, and other socioeconomic activities are among Dabur’s welfare initiatives.
Dabur Weaknesses
International and major domestic competitors pose a serious threat to Dabur products.
With a wide range of consumer preferences and pricing tactics, the FMCG sector is vibrant and fiercely competitive.
For FMCG companies, regulatory compliance is higher in Indian markets.
Dabur Opportunities
Acquisitions and mergers to bolster the brand.
Because of its tremendous brand recognition, Dabur is a household name even in rural places.
Demand for Ayurvedic products is rising both domestically and internationally.
Dabur Threats
The buyers and sellers in monopolistic competition are numerous. However, none of them sell identical goods. Although all dealers sell somewhat different things, the products are comparable. This industry is therefore quite competitive.
Dabur offers a vast array of products and a huge portfolio. Local brands pose a risk of duplication since they could produce identical goods and market them under Dabur’s name.
Conclusion
With more than 250 herbal and Ayurvedic products in its portfolio, Dabur is the largest Ayurvedic and natural healthcare firm in the world and a prominent FMCG brand in India thanks to its strong track record. It continues to have a distinct outlook on the future. Nonetheless, there are several obstacles due to rivals and laws controlling the FMCG sector. Dabur is positioned to play a big part as India expands and the demand for natural healthcare rises.
If the business manages its difficulties effectively and seizes future opportunities promptly, it emerges as a real victor over its rivals. Additionally, before making any investing decisions, we advise speaking with your financial advisor.
FAQs
When was Dabur founded?
Dabur was founded in Kolkata by Ayurvedic practitioner S. K. Burman in 1884.
What are the nine different power brands of Dabur?
Nine different power brands that are currently part of Dabur’s FMCG portfolio in India include Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur Pudin Hara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, and Dabur Vatika are a powerful global brand.
How does Dabur make money?
Dabur makes money through its different brands, digitisation, and dominating the rural market.
The US health agency has said that drug manufacturers Aurobindo Pharma, Glenmark, and Zydus are recalling medicines in the US market because of production problems. Aurobindo Pharma USA Inc., a division of a Hyderabad-based pharmaceutical company, is recalling more than one lakh bottles of Cinacalcet tablets in various strengths, according to the most recent Enforcement Report from the US Food and Drug Administration (USFDA). Due to “GMP Deviations: Presence of N-nitroso Cinacalcet impurity above FDA recommended interim limit,” the US health authorities announced that the New Jersey-based company was recalling the product.
On November 7 of this year, the business started the Class II recall. The treatment for hyperparathyroidism involves the use of cinacalcet pills. Similarly, approximately 90,000 bottles of Diltiazem Hydrochloride extended-release capsules (various strengths) are being recalled from the US market by Glenmark Pharmaceuticals, a company situated in the US.
“cGMP Deviations: Presence of N-nitroso-Desmethyl-Diltiazem impurity above FDA recommended interim limit” is the reason given by the US health regulator for the recall of the impacted batch of Diltiazem Hydrochloride extended-release capsules manufactured by Glenmark Pharmaceuticals Inc., based in New Jersey.
Extended-release capsules of diltiazem hydrochloride are used to treat hypertension. On November 1st of the current year, the business started the Class II nationwide (US) recall. The USFDA also said that a labelling issue has led to Zydus Pharmaceuticals (USA) Inc. recalling 4,404 boxes of Esomeprazole Magnesium for Delayed-Release Oral Suspension (40 mg). The drug is used to address specific issues with the oesophagus and stomach. On November 14, the business began a nationwide recall of the impacted packets.
What is Class II Recall?
According to the USFDA, a Class II recall is started when there is a remote chance of substantial adverse health effects or when using or being exposed to a product that violates the law may result in short-term or medically reversible negative health effects.
India produces 60,000 distinct generic brands in 60 therapeutic categories, making it the world’s largest provider of generic medications, accounting for about 20% of the worldwide supply. Over 200 countries get the nation’s manufactured goods, with the US, Western Europe, Japan, and Australia being the top destinations.
According to Krishi Fagwani, cofounder and CEO of the foodtech platform Thrive, it is the most recent Indian firm to cease operations. The cofounder blamed a lack of resources for the decision to shut down operations in a LinkedIn post. “We’ve worked hard over the years to develop a more equitable method of food delivery and discovery, which includes reduced commissions, more fair prices, socially guided discovery, and a human-centred relationship between eateries and their patrons. However, we were unable to obtain the resources needed to scale that goal,” Fagwani stated. The founders reflected on the lessons learnt, stating that it is “extraordinarily challenging” for tiny platforms to exist and that a “few well-funded giants” control the market. “In order to guarantee continuity for our restaurant partners, we are currently working to transfer Thrive ONDC, Thrive Direct, and the Thrive Marketing Suite to the appropriate industry partner,” he continued. He promised that throughout the transition phase, all services—including payments and tax compliance—would run smoothly. 42 people worked for the startup.
Why Thrive Opted for Closing its Operations?
Thrive, which was founded in 2020 by Fagwani, Dhruv Dewan, and Karan Chechani, directly competed with Swiggy and Zomato and had partnerships with over 14,000 eateries across 80 locations. It gave restaurants the option of using one of the startup’s third-party logistics partners or their own employees to deliver the orders. Additionally, Thrive provided restaurants with a self-serve feature that allowed them to create their own sub-portals on its platform in order to receive direct online orders from customers. In contrast to Zomato and Swiggy, which charge 18–25% commission, the platform promised to charge only 3%.
Zomato and the newly listed Swiggy are the two main players in the food tech industry. By making strategic acquisitions and altering their business structures, the corporations were able to weather the pandemic. They have both joined the race for rapid commerce.
The truth is that a tiny number of wealthy giants still control the majority of the industry, making it extremely difficult for smaller, purpose-driven platforms like Thrive to grow to the size that eateries deserve.
Coca-Cola’s First Investment
Notably, Coca-Cola made its first investment in an Indian firm in 2023 when it purchased a 15% share in Thrive. In 2021, Jubilant FoodWorks, the company that runs Domino’s India, paid about INR 25 Cr to acquire a 35% share in Thrive. By doing this, Thrive becomes one of the minimum of 12 sponsored startups that were shut down in 2024.
Tracxn, a data website, reports that Thrive has raised $2.5 million in equity capital over three rounds. Revenue for FY23 increased slightly to INR 2.5 crore from INR 2.3 crore the year before. Its net losses, however, increased to INR 7.4 crore from INR 2.8 crore the previous year.
Infosys has announced its investment in 4baseCare, a healthtech firm that concentrates on oncology (cancer care) and is powered by advanced genetics. This is a significant move that highlights Infosys’ growing commitment to healthcare innovation. The tech giant will purchase Series A compulsory convertible preference shares (CCPS) in 4baseCare through its Infosys Innovation Fund, while the precise investment amount is still unknown.
Infosys’ dedication to advancing innovative technologies that propel individualised healthcare solutions—particularly in oncology—is demonstrated by this partnership. 4baseCare’s novel method is positioned to significantly alter the way patients are diagnosed and treated as cancer treatment becomes more advanced and individualised.
4baseCare Core Focus
4baseCare, which was founded in 2018, is leading the way in personalised cancer care by using cutting-edge genomics to develop tailored therapies for cancer patients. The company’s main goal is to improve care efficacy and reduce side effects by using genomic data to customise therapies to each patient’s unique needs.
The study of cells’ genetic material, or genomics, is transforming how medical professionals perceive cancer. 4baseCare emphasises developing individualised treatment regimens based on each patient’s distinct genetic composition rather than using the conventional “one-size-fits-all” therapy strategy.
4baseCare analyses a patient’s genetic profile to find cancerous mutations and traits that help physicians select the best course of action, thereby improving patient outcomes. The business maps the genetic markers of cancer cells using state-of-the-art technology, enabling more accurate and timely diagnosis and treatment. Patients who receive individualised care see improved outcomes, fewer adverse effects, and faster recovery times.
Infosys’ Strategic Move
An international leader in IT services, Infosys is renowned for its progressive business philosophy and ongoing search for cutting-edge technology that can propel digital transformation. Infosys hopes to capitalise on the quickly expanding healthtech industry, which is increasingly regarded as a crucial area for future growth and innovation, by investing in 4baseCare. Infosys intends to assist its clients in navigating their business transformation processes by utilising 4baseCare’s capabilities. Infosys can provide cutting-edge tools and platforms that enhance patient outcomes and streamline healthcare operations by incorporating personalised cancer care solutions into its current healthcare offerings.
With this move, Infosys is also able to expand its healthcare portfolio by providing clients in the pharmaceutical, medical, and healthcare industries with AI-powered and genomics-based solutions. With a track record of using technology to revolutionise sectors, Infosys is in a good position to assist 4baseCare in growing its influence and reach in the global healthcare market.
In the healthtech industry, where demand for highly individualised healthcare solutions is rapidly increasing, Infosys’s position is further strengthened by this investment. Genomics is essential to ensure that therapies are customised to each patient’s needs as the healthcare industry shifts to precision medicine. By incorporating innovative technologies that have the potential to revolutionise the treatment of cancer, Infosys’ collaboration with 4baseCare enables the company to remain ahead of this trend.
If you have ever had a burger at KFC or pizza at Domino’s, then you have savored the tasty sauces that Veeba has created. But how many of us know about this Indie brand? Well, Veeba is the brainchild of Viraj Bahl, an innovative young entrepreneur with a passion for food. Viraj was born into a long line of entrepreneurs. He wanted to prove to his father that he could be more than just his son.
Viraj had a lifelong passion for working in the food industry. Viraj began with his father’s business, Fun Foods. However, he had to prove to his father that he was worthy of the role. After several trials and tribulations, Viraj was finally allowed to join the family business, but a few years later, the brand was sold entirely.
After this, Viraj decided to start on his own, and that gave birth to Veeba. From a failed restaurant business to building an INR 1,000 crore brand and becoming a new panelist on Shark Tank India, discover the remarkable journey of Viraj Bahl, a visionary entrepreneur whose passion for food turned into a national success. With much hard work, along with a few roadblocks, today Veeba stands as one of the largest homegrown sauce and condiments brands in India.
In this article, explore more about Viraj Bahl’s education, career, and the secrets behind his success.
Viraj Bahl started his journey in the food industry in 2002 but his interest peaked before when he would visit his father’s factory and the Fun Foods stall at Aahar Delhi. Slowly his passion for business grew and he informed his father about his desire to join the food industry. His father, Rajiv Bahl, insisted that he needed to prove himself to his family. Viraj decided to pursue food technology but sadly did not have the marks for it.
After completing his Board exams, he came across an ad for a marine engineering course. Viraj studied hard, cleared the entrance exam, and was among 46 students to be selected. He completed the 3.5-year course in Industrial Marine Engineering from Singapore Polytechnic and secured a high-paying job, which finally convinced his father about his dedication.
Viraj Bahl – Family
Viraj Bahl was born in 1980 and comes from a family of entrepreneurs. Born to parents Rajiv Bahl and Vibha Bahl, the founders of Fun Foods, one of the popular brands of food products in India.
Currently, Viraj is married to Ridhima Bahl and they have two sons – Rajvir and Ranvir. The family prefers to keep their personal life private and away from the media. Despite having a very busy schedule, Viraj understands how important both work and family life is, and he always makes time for his family.
Viraj Bahl – Career
In 2002, Viraj joined his father’s food processing business, Fun Foods. Under his father’s leadership, the brand grew rapidly, and Viraj had quite a significant role in shaping the brand into what it is today. But, despite Viraj’s passion and attachment to Fun Foods, in 2008 the company was sold to Germany’s Dr. Oetkar for INR 110 crore. This decision left Viraj in a lurch as he still had to figure out what he wanted to do next. This moment proved pivotal in Viraj’s entrepreneurial journey.
Restaurant Dreams
In 2009, Viraj jumped into the restaurant business and invested in a path that would help him regain his footing and help him continue working with food. However, this venture did not turn out to be as successful as he planned. By 2013, his restaurant was grappling with losses and he faced a difficult issue – keep the restaurant open or close it?
The Birth of the Brand, Veeba
Facing mounting losses, Viraj made the decision and sold off his family home for a sum of INR 50 Lakhs. This bold and heartwrenching choice was not just a financial transaction for him, but a symbolic moment where he traded his security for that of his dream. With the money, Viraj joined the food processing industry and in 2013 founded Food Services in Neemrana, Rajasthan. He named it Veeba after his mother. His experience in Fun Foods laid the foundation for his new venture. But his struggles were far from over.
Veeba’s early days remained highly uncertain. Viraj focused more on B2B sales by supplying sauces and condiments to fast food chains. The initial six months were difficult with less demand and no financial support. But, just when everything seemed lost, he gained an investment from Deepak Shahdadpuri, of DSG Consumer Partners.
Slowly, Veeba started gaining popularity, and major fast food giants like KFC and Domino’s placed orders from them. What started as a simple B2B venture, soon blossomed into one of India’s leading retail sauces and condiments brands.
Viraj’s persistence paid off and by 2023, Veeba became one of the largest homegrown sauce brands in India with a revenue growthof INR 1,000 crore in the fiscal year 2023-24 (FY24). Starting with only a few fast-food chains, Veeba now operates in over 700 cities, with more than 1.5 lakh retail points and a portfolio of more than 80 products across 14 categories.
Veeba’s revenue is mostly retail, with 92% of income being generated from this sector. The company has expanded its range to more than sauces and condiments to suit the evolving tastes of Indian consumers. Viraj’s vision does not stop at only the domestic market – Veeba now has a presence in Singapore, Australia, China, and even the USA.
Viraj Bahl is currently the Founder and Managing Director of Veeba.
Viraj Bahl – Shark Tank India
Viraj Bahl, Founder and Managing Director of Veeba – Shark Tank India Judge
Shark Tank India is all set to return with the 4th season in January 2025. Viraj Bahl will join the show as a panelist as he leads one of the fast-growing FMCG brands in India, and it would be interesting to see his business acumen and skill on the show.
As a part of Shark Tank India, Viraj will be mentoring the next generation of entrepreneurs and encouraging more young people to take the big step in their entrepreneurial journey. As a panel member, it would really bring out his passion to motivate and support the next generation of business leaders.
This article has been contributed by Bhumika Raval, HR, Scenic Communication Pvt Ltd.
As the holiday season approaches, the offices of the world tend to join the festive cheer. For HR managers, this is certainly an exciting yet challenging task. A well-planned office Christmas celebration encourages team bonding, rising enthusiasm, and even quality time.
Here is the ultimate guide for an unforgettable office Christmas Celebration
Purpose of Christmas Celebration
Office Christmas celebrations are more than just a festive occasion; they allow team members to interact, build friendships, and make long-lasting connections. A carefully planned event can create connections among employees from various departments.
Make Budget Wisely
Plan a budget for the event in a realistic way. Allocate funds for venue, decoration, food, and entertainment with miscellaneous. Clarity in budgeting will prevent surprises later.
Sending Invitation and Deciding Themes
Making Invites
Send unique invites before time, specifying the date, day, time, and dress code. Invites should be designed taking consideration of new technological platforms to embrace eco-friendliness.
Choosing a Dress Code
Add a dress code for making the festivity more enjoyable. “Christmas Colours,” “Ugly Sweater Day,” or “Festive Formal” would surely add to your event.
Festive Decor
Decorating the office for Christmas is more than just about the visual appeal; it uplifts employee morale, gives a sense of belonging, and kindles the festive spirit at work. A colourful, lit-and-decorated office creates a warm and cozy environment, lifting creativity, lowering stress, and cementing team bonds.
Decorations and Lighting
Christmas trees along with bright-colored bells, fairy lights, and holiday banners set the ambiance. Spell “Cozy,” with wreaths, candles, and snowflakes.
Social Media Photo Booths and Hashtags
Make sure you dedicate a corner to Christmas props for a fun photo booth. Encourage staff members to take pictures and share them on Instagram or Facebook with relevant hashtags. It lightens the atmosphere and ensures memorable occasions are etched in people’s minds. Candid moments celebrating the event are captured in photos and videos. Create a slideshow to relive highlights of the day or make a digital album accessible to everyone whenever the lovely thoughts come back.
Planning Games and Engaging Activities for the Staff Members
Christmas is meant for laughter and surprises. Engaging activities are at the heart of any festive event, breaking the silence and ensuring everyone feels included in the fun. Here’s how to create memories that your staff will cherish long beyond the holidays.
Icebreaker Games
Kick-off festivities with games everyone can engage in. Picture a bubbly game of, “Guess the Carol,” where one person hums a familiar tune and the rest try to guess it, or a trivia face-off in which departments compete to best prove their knowledge of Santa Claus. Such games add a relaxed and happy atmosphere that connects employees beyond the context of normal interactions.
Secret Santa
The Secret Santa tradition most likely captures the spirit of Christmas better than any other. The exhilarating advantage of gift exchanges of funny yet thought-provoking gifts adds a sense of surprise to the celebration. Set a budget and allow for crazy creativity–a handwritten card, quirky tiny things, or other homemade goods may make the way of exchange noteworthy.
Resolution Board
As the year draws to a close, employees are invited to dream big in hopes for the coming year. A resolution board with personal resolutions and team goals might start sincere conversations and positive energies for the new year. Getting to experience resolutions turning into fulfilled aspirations is a thrill to rejoice in year after year.
Offering Refreshments
Everyone knows that the route to one’s heart is through one’s stomach, but Christmas provides an opportunity to revel in culinary enchantment even more than usual. Food is more than just a means of satisfying hunger; it is also a language of community and celebration.
Delicious snacks and refreshing mocktails should never be missed from any Christmas celebration. A mix of sweet and savoury treats, such as cookies, sandwiches, and festive cupcakes, means there is something to please everyone. Colourful mocktails or warm drinks, such as hot chocolate and spiced apple cider, keep the jolly mood alive.
Keeping the Energy High
Festivity and recreation are every Christmas spirit, rather than mere celebration. Imagining to have the perfect playlist beginning from standard carols moving onto Christmas-themed disco would set the mood right for a happy holiday. Team members could come forth with their performances; this could span from one person singing a heart-touching carol to a group pulling off a quirky skit, and right onto a full-on energetic dance contest based on a holiday favourite, laughter surrounding the room.
At the same time, comfy little corners could be set apart for those wishing for quieter times, with gently lit areas packed with bean bags and warm drinks to provide a calm sanctuary away from all the boisterousness of the rest.
Exchanging Wishes
Set up a holiday greeting card station where employees can write notes for their colleagues. These simple acts, putting into writing wishes and words of gratitude, strengthen ties and spread warmth and good vibes around the workplace.
Feedback and Appreciation
After the event, ask for feedback from the employees to get an idea of what they loved and how it can be improved for next year. Acknowledge, in public, the planning committee and everyone who contributed recognition is the wonderful cherry on a successful event.
Why Office Christmas Celebrations Matters
At work, it reminds us that we are a community, united not only by tasks but also by joy, laughter, and growth. High spirits can be raised when the office is converted into a delightful setting that matches festive tones of relaxation and companionship.
The HR can create a fun event imbuing holiday spirit through a courageous collaboration that builds relationships and hope and cheers everyone to look forward to next year.
New Delhi [India], December 16: ‘We don’t talk anymore’ isn’t just a timeless breakup anthem, but an unfortunate reality of the times. Our attention is constantly on the screen, compulsively searching for something – new trends, new content, new ideas, new experiences, new products, New Year gifts, anything new!
But in this quest, many tend to make unwanted purchases, buying into overhyped e-commerce trends. The plethora of available options is enough to get anyone overwhelmed, yet something is amiss. Be it price point, delivery date, quality, uniqueness, or the product altogether. This void only gets bigger as automated phone calls, impersonal search bars, and AI chatbots become the new normal. There is no real communication.
Searchkiya.com is the first brand in India that gives consumers a space to speak. Users can tell the brand exactly what they are looking for and get it seamlessly delivered to their doorstep.
It’s Simple With Searchkiya, You Do Not Have to Search
Searchkiya is an offshoot of MOHA Global, an advertising and curations agency based in Mumbai. With an experience of over five years in the corporate sector, after hundreds of successful procurements & curations, MOHA Global, is taking a leap with its new brand. They are launching Searchkiya.com, an “unsearch” engine that promises to simplify search. Their personalized user experience, product and service customization and a vast vendor network is guided by a single message “Lets Just Speak.”
With zero bots and real human interactions, Searchkiya.com does it all – understanding, browsing, searching, sourcing, customising and delivering. Bulk or Retail, Global or Local, Product or Service, Events or Workshops, Old school Christmas tree or New Year gift– everything starts with a phone call and ends with a fulfilled order.
How Searchkiya.com Works
Searchkiya team swears by their rule of 7. Customers get a call from the team within 7 minutes of raising a request on their website. An executive takes down a detailed brief of the required product or service along with the customer’s budget and timeline. A quote is shared with the customer within 70 minutes to 7 hours of this call and most of the orders are delivered within 7 days of placing an order.
Who Can Use Searchkiya.com?
Searchkiya.com has been designed bearing in mind not just the tech-savvy urban natives but also late adopters of technology. The user interface and back-end operations have been simplified to include ease of access for all demographics. Be it Gen Z or Boomers, MNCs or Small Businesses, Startups or Women Entrepreneurs, Human Resources looking for corporate workshops or corporate gifts, Event companies hustling from the New Year to Christmas, and more. Searchkiya.com’s extensive pan-India network of verified vendors helps users skip the choice overload that comes with online browsing. They can focus on getting work done.
NRIs too can count on this brand to understand their requirements and customize it to their liking with the promise of timely delivery. Distances need not delay that Diwali hamper, those Christmas wishes, or the New Year gift. All age groups can be empowered with this functional, convenient, and straightforward way to find what they are looking for. Because with Searchkiya.com, you do not have to search.
This article has been contributed by Smita Khanna Kithania, Chief Operating Officer, Newton Consulting India.
One of the most cherished traditions in our office during Christmas is the magical transformation of our Christmas tree. Standing tall and radiant, it becomes a masterpiece adorned with shimmering ornaments and twinkling lights, symbolizing the joy and unity of the season. The entire office comes alive with the warm glow of fairy lights and festive decor, spreading cheer that uplifts everyone’s spirits. It’s not just decoration—it’s a celebration of togetherness, creativity, and the festive magic that binds us all.
Since many of our colleagues embraced remote work, they’ve missed being part of this cherished tradition and the countless joyful activities that make Christmas in the office so special. From the laughter shared while decorating the tree to the camaraderie of festive games and exchanging heartfelt gifts, these moments have always been the heart of our celebrations.
We all know that remote work has transformed the traditional workplace, however it doesn’t have to dampen the festive spirit. We have been implementing some engaging activities for our remote teams to make Christmas both fun and memorable.
Crafting a Festive Atmosphere
Everyone has a work space whether at home or in office and one can start by creating a festive atmosphere by encouraging team members to decorate their workspaces with holiday ornaments, lights, or festive backgrounds. This simple act can instantly uplift the mood and create a sense of shared celebration. One can also run a ‘best work space decoration’ contest to make it fun and competitive.
Sending out digital Christmas cards or a small holiday gift to each team member with a personalized message can go a long way in making them feel valued and appreciated. We normally organize Secret Santa gift exchange, where team members anonymously gift each other small tokens of appreciation. For those working remotely these gifts are sent via courier to them.
Creating Memorable Celebration via Interactive Activities
The magic of Christmas can still be felt, even across distances. A virtual Christmas party can create a unique opportunity to bring your team together for a festive celebration. To make the event truly memorable, interactive activities can be organized ,like a virtual trivia night, testing your team’s knowledge of holiday classics and global traditions. Or perhaps a virtual escape room, challenging them to collaborate and solve puzzles under pressure. A virtual cookie decorating contest could spark creativity and friendly competition, while a virtual bingo game adds an element of chance and excitement.
A virtual Christmas carol sing-along is a heartwarming way to conclude the event. By creating a festive playlist and encouraging your team to join in, you can foster a sense of camaraderie and holiday spirit. These interactive activities can transform your virtual Christmas party into an unforgettable experience that strengthens team bonds and spreads holiday cheer.
To ensure a smooth and enjoyable virtual Christmas party, you definitely need a reliable video conferencing platform that can accommodate your team size and desired activities. Testing your audio and video beforehand to avoid technical difficulties is advisable. Your HR can send out a detailed invitation with the itinerary like date, time, agenda, and any specific instructions. Creating a welcoming and inclusive environment where everyone feels comfortable participating is imperative and don’t forget to keep the event short and focused to maintain engagement. Finally, send a thank-you note or a short survey to gather feedback and appreciation goes a long way.
The spirit of Christmas transcends religious boundaries, offering a universal message of joy, togetherness, and giving. It’s a season where everyone can partake in the festivities and create meaningful memories, regardless of their beliefs. Whether working remotely or from the office, simple yet thoughtful activities can bring the team closer. In the end, it’s the effort to spread joy and foster togetherness that makes the season truly special, no matter where we are.
Established in 1967, the South Korean conglomerate has expanded its footprint across the world, with a presence in over 200 countries. Hyundai’s commitment to excellence is reflected in its diverse product range, which includes compact cars, sedans, SUVs and cutting-edge electric and hybrid vehicles.
Known for its emphasis on quality, technology and design, Hyundai has successfully built a reputation for delivering vehicles that cater to both traditional automotive markets and the evolving landscape of eco-friendly, electric mobility.
In this StartupTalky article, we will learn how Hyundai’s strategic initiatives, its startup story, founders, business model, revenue model, subsidiaries, competition, market expansions and technological advancements are setting the stage for a more sustainable and digitally connected future, keeping them ahead of competitors in the ever-evolving automotive market.
Hyundai is home to one of the world’s most impressive car manufacturing plants. Located in Ulsan, South Korea, this mega facility can produce a whopping 1.6 million vehicles every year! With a global workforce of around 75,000 employees, Hyundai has built a strong presence, selling its cars in 193 countries through a vast network of 5,000 dealerships and showrooms. As of November 2024, Hyundai proudly stands as the third-largest carmaker globally, just behind automotive giants Toyota and Volkswagen.
Hyundai Motor Company – Industry
India’s automotive industry is a powerhouse, ranking as the fourth-largest globally in both production and valuation according to 2022 figures. By 2023, it had climbed even higher, becoming the world’s third-largest automobile market in terms of sales.
The sector’s significance to the economy is immense. As of April 2022, the Indian auto industry was valued at over $100 billion, contributing 7.1% to the nation’s GDP and accounting for 8% of its total exports. However, car ownership remains relatively low, with only 8% of Indian households owning a vehicle, as highlighted by the 2021 National Family Health Survey. Additionally, India has just 22 automobiles per 1,000 people, a stark contrast to more developed markets.
The industry boasts a diverse lineup of manufacturers driving innovation and growth. Major players include Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra and Ashok Leyland. Other contributors to this dynamic market are Eicher Motors, Royal Enfield, Tractors and Farm Equipment Limited, Sonalika Tractors, Force Motors and even specialized entities like Vehicle Factory Jabalpur and Kerala Automobiles Limited. These companies collectively form the backbone of India’s thriving automotive sector.
Hyundai Motor Company – Founders and Team
Chung Ju-yung
Chung Ju-yung – Founding Chairman, Hyundai
Chung Ju-yung is the Founding Chairman of Hyundai Motor Company. Born in 1915 in what is now North Korea, Chung Ju-yung was the eldest son in a modest farming family. At just 18 years old, he left his rural home in search of a better life, embarking on a journey that would define him as one of the most influential figures in modern Korea.
Chung’s early years were marked by determination and resilience. He worked various jobs, including railway construction, bookkeeping and dock work. In 1938, he ventured into entrepreneurship with a rice store, but the oppressive policies of the Japanese occupation forced its closure within a year. Undeterred, he continued to pursue opportunities, eventually repairing trucks for the U.S. Armed Forces after World War II. This experience laid the foundation for his entry into engineering and construction, where his business would later take on global, multibillion-dollar projects.
One of Chung’s most legendary achievements was his foray into shipbuilding—a field in which he had no prior experience. His boldness paid off when he secured a contract worth millions to build a ship. This audacious move would grow into Hyundai Heavy Industries, now the world’s largest shipbuilder.
Through relentless effort, ingenuity and a commitment to hard work, Chung built a series of businesses that were instrumental in transforming South Korea into an economic powerhouse. Despite his immense success, he remained humble, disciplined and focused on his work, embodying the values of simplicity and perseverance.
In his later years, Chung turned his attention to a cause close to his heart: the reunification of Korea. He dedicated himself to fostering dialogue and understanding between North and South Korea. His actions were often symbolic, such as driving 1,000 cattle across the border to North Korea, representing hope and unity. His efforts to bridge the divide between the two Koreas are seen by many as his most significant legacy.
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Chung’s life philosophy continues to inspire: “Failures, not successes, teach us the most valuable lessons. We need not remember our successes; others will do that. Instead, we must learn from our losses and failures—forgetting them leads to repeated mistakes.”
Unsoo Kim
Unsoo Kim – Managing Director, Hyundai Motor
Unsoo Kim is the Managing Director of Hyundai Motor India Limited, bringing over 30 years of experience with Hyundai Motor Company. He joined the company in 1991 and has since held various leadership roles across the globe, gaining extensive expertise in business planning, strategy and operations.
Mr. Kim holds a bachelor’s degree in engineering from Seoul National University in Korea. His diverse career includes significant assignments in multiple global markets, where he has contributed to Hyundai’s strategic initiatives and operational growth.
Before his current role at Hyundai Motor India, Mr. Kim was the Executive Vice President of Global Operations at Hyundai Motor Company. His previous tenure with Hyundai Motor India spanned four years, including a key role as the Executive Director of the Corporate Planning Division from 2014 to 2015.
Hyundai Motor Company – Startup Story
Chung Ju-yung was a pioneering South Korean entrepreneur and the founder of Hyundai Group, one of the largest conglomerates in South Korea. His visionary leadership was instrumental in shaping the country’s rapid economic growth, particularly in the aftermath of the Korean War. Chung’s ambitious ventures played a crucial role in rebuilding South Korea’s infrastructure and establishing its presence on the global industrial stage.
In 1946, shortly after Korea’s liberation from Japanese rule, Chung founded Hyundai and Hyundai Civil Industries to capitalize on the country’s need for post-war reconstruction. He won major government contracts and became a key figure in developing South Korea’s transportation and energy infrastructure, including the Soyang Dam (1967), the Gyeongbu Expressway (1970) and the Kori Nuclear Power Plant.
One of Chung’s most remarkable achievements was his expansion into shipbuilding. With no prior experience in the industry, he established the Ulsan shipyard, which became the world’s largest. Under his leadership, the first vessel was completed in just three years, a testament to his relentless drive and innovative approach. In 1975, he introduced the Hyundai Pony, South Korea’s first domestically produced car, followed by the Hyundai Excel in 1986, both of which were developed with European expertise.
Chung also founded Hyundai Heavy Steel Company, which introduced a revolutionary non-dock shipbuilding method. His efforts not only helped make Hyundai a global leader in shipbuilding but also expanded its reach into various industries, making it one of South Korea’s most influential chaebols. His ability to secure contracts from both the United States Forces Korea and the United Nations Command played a significant role in his company’s early success and his determination helped Hyundai overcome the challenges of post-war South Korea.
Through sheer perseverance and vision, Chung Ju-yung not only built a business empire but also contributed significantly to the modernization of South Korea, leaving a lasting legacy in both the business world and the nation’s infrastructure development.
Hyundai Motor Company – Mission and Vision
Mission
Hyundai’s mission is to deliver a customer-centered experience by offering innovative products and services that enhance mobility and promote eco-friendly lifestyles. The company is committed to ensuring safety and comfort, achieving cost competitiveness in the global market and driving technological advancements in areas like robotics, artificial intelligence and smart manufacturing.
Vision
Hyundai envisions a sustainable future by leading the transition to zero-emission vehicles, establishing a hydrogen ecosystem and developing software-defined vehicles by 2025. By neutralizing carbon emissions by 2045, Hyundai aspires to create a cleaner, greener planet while revolutionizing the automotive industry.
Hyundai Motor Company – Name, Tagline and Logo
Hyundai Logo
The name “Hyundai” comes from the Korean word for “modernity,” embodying the company’s commitment to innovation and progress.
Tagline: Hyundai’s current slogan, “New Thinking, New Possibilities,” reflects its forward-thinking philosophy and mission to push boundaries. Another tagline, “Next Awaits,” was introduced as part of a “Progress” communication campaign, emphasizing the brand’s focus on future innovation.
Logo: Hyundai’s iconic “H” logo is more than just the first letter of its name. It symbolizes two people shaking hands—one representing the company and the other its customers—illustrating Hyundai’s dedication to trust and customer satisfaction. The silver color of the logo adds a touch of sophistication and modernity, aligning with the brand’s ethos.
Hyundai Motor Company – Business Model
Hyundai’s business model thrives on relentless innovation and a steadfast commitment to customer satisfaction. The company integrates advanced manufacturing techniques with stringent quality control to produce vehicles that prioritize safety, efficiency and performance. Leveraging digital transformation, Hyundai employs data analytics and artificial intelligence to enhance product development and strengthen customer engagement. Sustainability lies at the heart of its strategy, reflected in initiatives aimed at reducing carbon emissions and advancing green technology. With a diverse range of powertrains—including fuel cell, battery-electric, hybrid and mild-hybrid options—Hyundai caters to a wide spectrum of consumer needs, supported by smart safety features, cost-effective operation and industry-leading warranties.
Hyundai Motor Company – Revenue Model
Hyundai Motor Company’s revenue model is multifaceted, driving income through diverse streams. Vehicle sales form the backbone, spanning entry-level models to luxury and commercial segments, addressing varied market demands. After-sales services, including parts and accessories, contribute significantly by providing long-term value to customers. Hyundai also capitalizes on licensing agreements and strategic partnerships, particularly in automotive technology and sustainable mobility. The company’s expanding portfolio of electric and hybrid vehicles taps into the growing demand for eco-friendly transportation, positioning Hyundai as a leader in the green mobility market while ensuring robust financial growth and stability.
The following challenges highlight the complex landscape Hyundai must navigate to sustain its growth and reputation in the Indian market:
Economic and Consumer Challenges
Hyundai faces significant challenges due to declining consumer sentiment, particularly in rural areas where sales have dropped noticeably. The imposition of an infrastructure cess, ranging from 1-4% in the Indian Budget, has further strained the automobile market, raising costs for consumers and affecting demand. These economic pressures have required Hyundai to reassess its pricing strategies and market positioning to remain competitive.
Policy Uncertainty
Frequent changes in government policies in India present another hurdle. Hyundai, which plans to raise INR 25,000 crore by selling a 17% equity stake in its local unit, has highlighted concerns about the instability of policy frameworks. Having invested nearly INR 30,000 crore since its entry into India in 1996, the company emphasizes that stable government guidelines are essential for confidently making technological upgrades and maintaining a steady flow of investments into the country.
Environmental and Ethical Concerns
As a car manufacturer, Hyundai faces growing scrutiny regarding its environmental impact, particularly in India, where air pollution is a critical issue. The company must adopt stringent measures to reduce emissions and align with the government’s push for sustainable transportation. Additionally, Corporate Social Responsibility (CSR) is gaining importance, demanding that Hyundai address ethical concerns and contribute proactively to environmental conservation and community development.
Hyundai Motor Company – Investments
Hyundai Motor Company has actively participated in strategic investments and partnerships, showcasing its commitment to technological advancements and innovation. Among its most notable exits are IonQ, SoundHound and SES (SolidEnergy Systems).
Announced Date
Organization Name
Funding Round
Price
Jun 5, 2024
42dot
Corporate Round
₩ 253 million
May 29, 2024
Obsidian Sensors
Convertible Round
–
May 3, 2024
Surff
Seed Round
–
Mar 18, 2024
AmpUp
Venture Round
$276.6K
Mar 18, 2024
Terracle
Series A
₩ 10.5 billion
Oct 23, 2023
Koop Technologies
Corporate Round
–
Jun 27, 2023
BOS Semiconductors
Seed Round
₩ 2 billion
Apr 25, 2023
42dot
Corporate Round
₩1.1 trillion
Dec 1, 2022
Gbike
Series C
$1 million
Jul 21, 2022
Floatic
Seed Round
₩ 3.4 million
Hyundai Motor Company – Mergers and Acquisitions
Hyundai has strategically expanded its capabilities through notable mergers and acquisitions, including:
Acquired On
Acquired Company
Price
Aug 15, 2022
42dot
$328 million
Feb 2021
Doosan
—
Dec 10, 2020
Boston Dynamics
$1.1 billion
Hyundai Motor Company – Growth
Although Hyundai Motor India continues to be the second-largest car manufacturer in India, trailing behind market leader Maruti Suzuki, it faces growing competition from domestic players like Tata Motors and Mahindra & Mahindra, which have gained traction, particularly in the SUV segment. The company also achieved a significant milestone as revenues crossed INR 60,000 crore, driven by higher production capacity utilization and an increasing share of SUVs in its portfolio.
Hyundai Financials
3rd Quarter 2023
3rd Quarter 2024
Revenue
KRW 40.99 trillion
KRW 42.93 trillion
Operating Profit
KRW 3.89 trillion
KRW 3.58 trillion
Net Profit
KRW 3.30 trillion
KRW 3.21 trillion
Hyundai Motor’s Third Quarter Revenue and Profit
Revenue Growth
Hyundai Motor Company reported a 4.7% year-on-year increase in revenue, reaching KRW 42.93 trillion for Q3 2024.
Profit Margins
Operating profit for the quarter rose to KRW 3.58 trillion, with an impressive operating profit margin of 8.3%. The company achieved a net profit of KRW 3.21 trillion, showcasing strong financial health and efficient operations.
Unit Sales
Global sales totaled 1,011,808 units, marking a steady performance amid declining global automotive demand. Sales in the North American market increased by 9.3%, while the Korean market saw a growth of 1.8%, highlighting Hyundai’s strategic market positioning.
Shareholder Returns
Hyundai maintained its commitment to shareholders by declaring a Q3 dividend of KRW 2,000, aligning with its established shareholder return policies.
Market Position and Sales
In FY2023, the company achieved record domestic sales exceeding 600,000 units, alongside strong export performance.
Financial Performance
HMIL demonstrated remarkable financial growth in FY2023, with net profit surging by 62.3% year-on-year to reach ₹4,709 crore.
Hyundai Motor Company’s subsidiaries include: 1. Hyundai Motor India 2. Hyundai Motor Indonesia 3. Hyundai Motor America 4. Hyundai of Canada 5. Hyundai Motor of South America 6. Hyundai do Brasil 7. Hyundai China 8. Beijing Hyundai 9. Hyundai Japan 10. Hyundai Motor Philippines 11. Hyundai Motor Europe
Hyundai Motor Company – IPO (India)
Hyundai Motor India’s Initial Public Offering (IPO) was a significant event, marking the company’s entry into India’s equity market with a book-built issue of INR 27,870.16 crores. The issue was entirely an offer for sale, with 14.22 crore shares up for sale. The IPO bidding process began on October 15, 2024 and closed on October 17, 2024. The allotment of shares was finalized on October 18, 2024, with the shares listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 22, 2024.
Despite the oversubscription, with the offering being more than two times oversubscribed, the shares closed at INR 1,819, lower than the initial public offering price of INR 1,960. The price band for the shares was set between INR 1,865 ($22.18) and INR 1,960. The IPO raised a total of INR 278.56 billion, or $3.3 billion, making it the largest IPO in India by the amount raised.
Looking forward, Hyundai Motor India Ltd. is committed to continuing its investment in India by enhancing its product portfolio, advancing technological capabilities and bolstering its research and development (R&D) efforts post-IPO.
Hyundai Motor Company – Advertisements and Social Media Campaigns
The all-new SANTA FE | AI Campaign Compilation Film
Hyundai Motor’s AI-Driven Campaign: “Open for Imagination”
Hyundai Motor is redefining marketing creativity with its innovative AI-generated campaign for the all-new SANTA FE SUV. The campaign, titled “Open for Imagination,” encourages Instagram users and adventure enthusiasts to visualize their dream destinations in a unique, interactive way.
AI-Powered Creativity
The campaign uses a customized text-to-image AI model to generate bespoke images that seamlessly incorporate the all-new SANTA FE into fantasy settings. From lush mountainscapes to futuristic cityscapes, the SUV’s bold, boxy styling, large tailgate and spacious interior provide the perfect backdrop for outdoor adventure and imaginative exploration.
Interactive Social Media Experience
On Hyundai Worldwide’s official Instagram account, users can create personalized images of dream destinations featuring the SANTA FE. This interactive experience highlights the SUV’s ‘Open for More’ concept, inviting users to dream big and explore the limitless possibilities it offers.
Engaging Influencer Activation
Social media influencers brought the campaign to life by using voice recognition technology integrated with the AI model. Sitting inside a real SANTA FE, they visualized dream destinations projected on a large LED screen, showcasing how the SUV can complement any adventure.
Inspiring Outdoor Adventures
By merging cutting-edge AI with the all-new SANTA FE’s adventurous spirit, Hyundai is inspiring users to “open for more” in their lives—whether it’s through outdoor exploration or imagining the impossible.
Hyundai Motor Company continues to garner international acclaim. Here’s a roundup of Hyundai’s recent achievements:
World Car Awards 2024
World Performance Car: The Hyundai IONIQ 5 N earned top honors, showcasing Hyundai’s prowess in delivering exhilarating driving experiences combined with cutting-edge electric technology.
Hyundai’s sister brand Kia EV9 dominated with two awards:
World Car of the Year
World Electric Vehicle
TopGear.com Electric Awards 2024
The Hyundai IONIQ 5 N was crowned Best EV Hot Hatch, highlighting its impressive combination of electric performance, sporty design and practicality.
2024 Red Dot Award
The Hyundai SANTA FE secured a win in the Product Design: Cars and Motorcycles category, a testament to its bold aesthetics and innovative design language.
iF Design Awards
Hyundai boasts a stellar record with over 20 iF Design Awards, marking a decade of consistent design excellence in categories spanning transportation and innovation.
2023 GOOD DESIGN Awards
Hyundai received six top honors, including four in the Transportation category, reflecting the brand’s commitment to innovative and user-centric automotive solutions.
The Car Connection’s Best Electric Car To Buy
For the second consecutive year, the IONIQ 5 was recognized as the Best Electric Car To Buy, underlining its unmatched appeal in the EV market.
2022 Top Safety Pick by IIHS
The Hyundai NEXO earned this prestigious safety accolade, reinforcing Hyundai’s dedication to advanced safety features and reliability.
Brand Valuation
Hyundai Motor Company’s global influence is highlighted by its brand valuation reaching $23 billion, securing the 30th spot globally in Interbrand’s Best Global Brands 2024 rankings.
Hyundai Motor India (HMIL) has set ambitious goals for its expansion in India, with plans to invest INR 32,000 crore between 2023 and 2032. This investment is aimed at reinforcing its leadership in the Indian automotive market, with a focus on sustainable growth and cutting-edge technologies. Key initiatives include:
Increase in Production Capacity
Hyundai intends to raise its production capacity from 824,000 to 1.1 million units by 2028. This expansion is designed to cater to the growing demand for vehicles in both domestic and export markets, ensuring Hyundai can meet the needs of its expanding customer base.
Development of New Products and Platforms
As part of its expansion strategy, Hyundai plans to develop new products and platforms, focusing on both traditional internal combustion engine (ICE) vehicles and electric vehicles (EVs). This initiative will help Hyundai diversify its product offerings to appeal to a broader audience.
Introduction of New Models
Hyundai will continue to innovate by launching new models, including vehicles catering to the growing demand for electric and hybrid cars. This will support its efforts to stay competitive in a rapidly evolving automotive market.
Strengthening Presence in the Battery Electric Vehicle (BEV) Market
Hyundai is committed to strengthening its position in the Battery Electric Vehicle (BEV) market in India. With the rise in demand for eco-friendly alternatives, Hyundai aims to expand its BEV offerings, contributing to the nation’s shift toward greener transportation.
Launching Hybrid Vehicles
In addition to fully electric models, Hyundai plans to launch hybrid vehicles, offering customers more choices in reducing their carbon footprint while enjoying the flexibility of both electric and gasoline powertrains.
Localization of EV Supply Network
A key aspect of Hyundai’s strategy is to localize the EV supply network in India, including the production of battery systems, cells and drive systems. This initiative aims to reduce costs, improve supply chain resilience and support the development of a sustainable EV ecosystem within the country.
Carbon Neutrality by 2045
Hyundai is committed to achieving carbon neutrality by 2045. The company’s roadmap includes electrifying its product lineup and investing in alternative energy sources such as hydrogen. This effort aligns with Hyundai’s global sustainability goals and aims to reduce the environmental impact of its operations.
Software-Defined Vehicles
Hyundai plans to leverage data from vehicles, traffic signals, infrastructure and satellite navigation to create a new mobility system. By integrating these data sources, Hyundai aims to build software-defined vehicles that offer enhanced connectivity, improved navigation and smarter, more efficient mobility solutions for the future.
Creation of Mobility Hubs
In a bold vision for the future, Hyundai plans to develop mobility hubs that integrate air taxis, autonomous vehicles and social interaction spaces. These hubs are designed to facilitate seamless, multi-modal transportation options and create new community spaces for consumers to interact with the future of mobility.
FAQs
Is Hyundai a Chinese or Korean car?
Hyundai is a Korean car brand. It is headquartered in Seoul, South Korea, and is one of the largest automakers in the world.
Who is the owner of Hyundai?
Hyundai Motor Group is the owner of Hyundai.
Who are the main competitors of Hyundai?
The main competitors of Hyundai include Ford, Volkwagen, Honda, Toyota, Nissan, General Motors, Renault, Fiat, and more.
Kanimozhi Sivakumar
