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Bhavya Dilipkumar Profile
Bhavya Dilipkumar

@BhavyaDKumar

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Journalist covering startups and tech @moneycontrolcom |✍️ @EconomicTimes @ETtech |🗣️ ET's The Morning Brief | @ACJIndia alum| Email: Bhavya.Dilipkumar @nw18 .com

Bengaluru, India
Joined June 2019
Don't wanna be here? Send us removal request.
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@BhavyaDKumar
Bhavya Dilipkumar
10 days
🚨Exclusive | I am not building Girish’s company, I’m building a global products company says Freshworks' founder @mrgirish In a candid chat, he opens up about the new role as exec chairman, his journey & more . Read full intw ⬇️ @moneycontrolcom
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
🚨New: Visited @atherenergy 's new plant in Hosur, Tamil Nadu, which has the capacity to make an entire EV bike in 40 sec. A small 🧵on the highlights.
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
🚨New: "A Freshworks and Zoho moment is brewing in India's diamond city Surat", said almost every investor and SaaS enthusiast I spoke to. Is Surat taking a leaf out of Chennai's SaaS playbook? Decided to delve deeper and here's a small 🧵 @chandrarsrikant @moneycontrolcom
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
🚨 Software company @Zoho has a no-layoff policy and will take a profit hit to manage the tight macro conditions, said @svembu in an exclusive interview with @moneycontrolcom in Tenkasi. Vembu also spoke about the SVB collapse and more. A 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
🆕🚨Asia's oldest industrial region of Peenya in Bengaluru is becoming a perfect, cozy hub for emerging manufacturing startups 🔸Why Peenya 🔸Is there a difference for startup building here vs anywhere else 🔸How is the infra and what's attracting talent here A small 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
🚨 Zoho's @svembu 's yet another passion project: Want to enter the EV space from Tenkasi and create more jobs @moneycontrolcom @chandrarsrikant
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Career Update: I'm joining the @moneycontrolcom team as a Senior Correspondent and will be covering Saas, Mobility and Cleantech startups. DM's open and will be happy to connect for any tips and leads :)
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@BhavyaDKumar
Bhavya Dilipkumar
5 months
🚨Important story: RBI's crackdown on banks, NBFCs with new AIF rules may turn catastrophic for the VC and startup ecosystem. @deepsekharc , @AnandJRAnand and I spoke to multiple VCs to understand what's happening. Here's a 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
🚨Here @Zoho 's Tenkasi tech hub today. @moneycontrolcom @chandrarsrikant The hub that started off in 2011 is said to employ more than 800 staff here. In the coming days Zoho is planning to set up more such facilities across TN and UP. Details here 🔽
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
SaaS companies are starting to witness the impacts of tight macroeconomic pressures, leading to the fear of a bad recession. Is this worrying? A 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
3 years
Breaking: Steelmaker, JSPL is planning to divest its power biz, Jindal Power to bring down the company's debt and to reduce carbon emissions significantly. @EconomicTimes
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Surat has more than 150 SaaS Startups and they are all building unique products for India, very specifically for India's manufacturing hub and for the world too. Among the prominent SaaS startups in the city are Dhiwise, Trezix, Ezee, VideoSDK and Wishbook.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
🛺 New: Been using @nammayatri in Bengaluru for sometime now and chatting with the drivers to understand the many Whys and Hows. Here's a detailed feature we did on how Namma Yatri works and whether it has got it all to take on Ola and Uber. A small 🧵 @moneycontrolcom @hrprya
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Also cofounder Swapnil Jain said that the firm is mulling a new plant with a capacity of around 1 million. In fact it is in the final stages of approval from a state govt. This could make Ather the biggest manufacturer! Read more @moneycontrolcom
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
Time just flies ✈️ Today, I complete one year at @moneycontrolcom and the journey has been nothing but exhilarating and warm and all thanks to @chandrarsrikant and the amazing team who support each other in ways that I have never even heard ❤
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
🚨Anil Goteti, Flipkart's Former SVP has just launched Scapia. The new startup has rolled out a visa travel credit card along with Federal Bank that rewards users with Scapia coins which can be used to book flight tickets or hotels. More deets ⬇️
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
This is the very first experiment project getting built. A fuel vehicle converted to an EV to carry farm supplies, paddy - an alternative to Mini trucks. Built in a small garage behind Zoho Schools
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@BhavyaDKumar
Bhavya Dilipkumar
4 years
JSPL records highest exports in April as domestic demand weakens via @economictimes
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The firm wants to develop the manufacturing from the rural regions and is already doing R&D from Chennai says @svembu
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Ather's Head of Manufacturing, Sanjeev Kumar took us through the new capacity which can make around 4.20 lakh EV scooters per annum. While the present capacity utilisation is 50%, the co. plans to use the full capacity by the end of this financial year.
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Data shows that Surat has more than 2,530 startups, of which 164 are SaaS-based startups offering services such as financial management, export-import management and cloud-based solutions.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Apart from EV making, the company has also ramped up its batter making capacity to 4.30 lakh units from around 1.2 lakh units presently. FYI: The cell for the batteries is brought in from China and Korea.
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
There five areas where the opportunities will boom in the coming years for startups. Says @AshwiniVaishnaw #ETStartupAwards @ETtech @EconomicTimes 1. 5G 2. Logistcs and Agri 3. Railways 4. Semi-conductor 5. Electronics and Telecom Manufacturing
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@BhavyaDKumar
Bhavya Dilipkumar
3 months
B'day means Budget Day for some of us 😃
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@BhavyaDKumar
Bhavya Dilipkumar
5 months
My weekend read was Ola Electric's DRHP :) and here's a small 🧵 on some key highlights on the company's financial metrics, some very interesting risk factors and some details on the company's board and more @moneycontrolcom ⬇️
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
🚨New and exclusive: Ola co-founder Ankit Bhati, who prefers to stay away from the media glare, spoke to Moneycontrol about his new SaaS startup 'Amnic' in what was his first media interview in years. @moneycontrolcom @chandrarsrikant
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The firm had a workforce of around 350 and with the new capacity the workforce has gone up to around 1100 employees. Kumar explained that the employees go through a rigourous training of around 2-3 weeks before entering the plant.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Faces after swimming in multiple chai/ coffees and budget reaction quotes! #wemadeitthrubudget2023 #budgetbuddies
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Also a single vehicle after complete assembly goes through a min lf 4 tests like speed test, on road test, dyno test etc. Apart from this the product goes through unique monitoring at each phase. Why? So the defect rate is super low. For Ather it is at the industry low of 0.5%
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
My @peakbengaluru moment! Auto anna turns on neon lights every Friday evening itseems 😁 #partyvibe on the wheels! He says "Sumne oru maja feel barathe madam"
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@BhavyaDKumar
Bhavya Dilipkumar
4 years
Metal companies welcome government’s coal and mineral sector reforms @JSPLCorporate @VedantaAluminum @Hindalco_World
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
👀Important: Indian startups are staring at compliance nightmare, possible short-term cash flow crunch over 20% TCS rule #tcs20 . A small 🧵 @moneycontrolcom @chandrarsrikant
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Ruling out the possibility of Zoho going for an IPO, Vembu said that the company is still growing and will be focusing on building both it's business and the rural society hand in hand. Interview excerpts:
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Ather is also ramping up its grid or power charging facilities to around 1400 units by end of the present financial year. Presently the firm has a capacity of the grid of 600 units.
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
@dhiwise 's Vishal Virani in a very candid conversation said that he takes inspiration from Freshworks' Girish Mathrubootham. "We are, in fact, the first company in Surat to have grabbed the attention of VCs like Accel and Together fund,” says Virani.
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@BhavyaDKumar
Bhavya Dilipkumar
5 months
🆕RBI granted the final authorisation to operate as Payment Aggregators to a handful of firms yesterday including Razorpay, Cashfree, Google Pay, Enkash, neobank Open and fintech firm Paymentz. What will this mean for these firms who were waiting for this for a long time?
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The facility has 2 assembly lines - one that is automated, one manual. Ather aims to make all its assembly lines semi-automatic in the near future for efficiency improvement.
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@BhavyaDKumar
Bhavya Dilipkumar
3 years
@TherukuralArivu instantly makes one feel warm and comfortable with his words, also a big #fangirl moment for me. @CizzyOfficial had so many interesting things to say. Tune in to know their journey and what's pushing them to sing on topics that are always brushed under the carpet
@MyEconomicTimes
My ET
3 years
In today’s episode, we catch up with young #hiphop artists @TherukuralArivu and @CizzyOfficial to find out why politics is making them angry and spurring their creativity. Tune in now: #HiphopMusic #Arivu #Cizzy #EnjoyEnjaami #KolkatarRasta #IndianHipHop
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@BhavyaDKumar
Bhavya Dilipkumar
4 years
JSPL reports net profit of Rs 268 crore in Q1 of FY 21, while the company reported a net loss of Rs 87 crore in Q1 of FY 20, mainly on the back of better volumes and lower RM costs. @EconomicTimes @JSPLCorporate
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Its very interesting to know what really led to the SaaS and in turn a SaaP (Software as a Product) boom in Surat. ➡️Leg up from traditional manufacturers ➡️ Low cost of running biz ➡️ Best Engineering and coding talent ➡️ Great Founder Community ➡️ Government Initiatives
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@BhavyaDKumar
Bhavya Dilipkumar
4 years
To many firsts, many learnings and meeting amazing people every day. Here's to the best 1 year at this place with my faves @Himanshi_ET @mohantyET and @GauravNoronha ❤️
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
And Just as IIT Madras and many leading engineering colleges in Tamil Nadu played a pivotal role in producing talent for deep-tech and SaaS firms in Chennai, many founders say that Surat-based SVNIT university has played a big role in making many quality engineers.
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
The promising Software-as-a-Service (SaaS) ecosystem is starting the feel the heat of the global recession. Companies are starting to announce stringent cost-cutting measures including layoffs. Is there a rough ride ahead? A 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
“Traditional industries are looking at modernisation or digitalisation. For example, there is a SaaS product built for textile manufacturers to manage their warehouses,” says Arjun Kava, CEO of VideoSDK another startup from Surat.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
"I travelled to Central and Eastern Uttar Pradesh, I saw firsthand that no one is there. These are some of the most demographically rich regions of our nation — demographics is destin, " Vembu said.
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Talking to MC, CEO of SaaSBoomi Avinash Raghava said “These guys (Surat founders) are very smart. They don't understand the VC business; they only know that ‘there is X amount of money going into the investment, there is some profit, and I must make this profitable',”
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The hub and spoke mode: The hub offices are ones that can accommodate 1000 or more employees, while the spoke offices are smaller offices of up to 100 employees. Eventually, each hub office will have a few spoke offices associated to it for infrastructure support.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
"Zoho's Tenkasi model can be replicated across India with right leadership and enthusiastic entrepreneurs" says @svembu , cofounder and CEO of @Zoho . Click on the link for more. P.S: Also here's to my very first video interview for @moneycontrolcom 🙈
@moneycontrolcom
Moneycontrol
1 year
SaaS major @Zoho Founder & CEO, @svembu speaks about creating rural tech hubs in India using a hub and spoke model, the impact of local tech hubs, AI regulation & much more, with @BhavyaDKumar . Watch the full interview here📹👇
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
@moneycontrolcom Update: The firm has laid off 90 employees or less than 2% of its total workforce of around 5200 employees.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Creating a 'Messi from Madras' is my vision, says @mrgirish of @FreshworksInc . With his newly-built Rs 100 crore Football Training Academy. What Inspired him to build one. Read to know more @moneycontrolcom
@moneycontrolcom
Moneycontrol
1 year
SaaS firm Freshworks’ founder #GirishMathrubootham build a football academy for Rs 100 crore in #Mahabalipuram , which has been christened the Home of #FCMadras . What led him to create this academy? Find out 👇 by @BhavyaDKumar | #Football
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The employees are mostly localites, in and around Tirunelveli or have shifted from Chennai and some even from the US.
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@BhavyaDKumar
Bhavya Dilipkumar
5 months
🚨Important: Chennai SaaS firms take precautions to keep business running, announce WFH for employees as the city comes to a halt due to cyclone Michaung. SaaS majors are readying up business continuity plans too.
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
SaaS firm @FreshworksInc taps the Gen AI space launching 'Freddy Copilot' for Developers at Freshworks Developers Summit 2023 in Bengaluru
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
SaaS major @FreshworksInc reported its Q1 results yesterday highlighting ➡️First ever non-GAAP operating profit ➡️Declining recurring customer revenue. CEO @mrgirish spoke to @moneycontrolcom on decoding the Q1 numbers, outlook and much more. Small 🧵 on the detailed interview
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
When asked why UP? Vembu said that the resources available are plenty including the labour force and is an untapped territory by software companies
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
On expanding the Tenkasi facility to other regions Vembu said that there are new hubs coming in Madurai, Tirunelveli and Uttar Pradesh.
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@BhavyaDKumar
Bhavya Dilipkumar
5 years
Spotted @SangitaSJindal MD of JSW foundation at the #ET40underforty @EconomicTimes
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Floods spared no one this time! @patwardhannn and I visited the billionaire's street in Bengaluru which has properties like Epsilon Residential Villas and Divyasree. A small 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Its not like there are no challenges. They are Aplenty. Here's an infographic on Everything about SaaS in Surat
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
First off, Peenya is home to many large and small manufacturing companies in industries like precision goods, engineering and electrical goods, fabrication products, EV motors, generators, and textile and rubber moulding.
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Why are SaaS firms at high risk? Almost 80-90% of all the SaaS firm's biz are from The US, the UK, and a very small portion from India. Now in a recession environment, the SaaS firms' customers (esp SMBs) will turn judicious, cut down costs, and may not spend on software.
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@BhavyaDKumar
Bhavya Dilipkumar
4 years
Reversion of duties to exporters will be launched from this year, so every sector becomes an export hub, @nsitharaman @EconomicTimes #BudgetWithET
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@BhavyaDKumar
Bhavya Dilipkumar
5 months
🧵A lot of buzz around auto Namma Yatri and its model. Decided to curate all our coverage from inception to the very latest development on Namma Yatri @moneycontrolcom . Here it is 👇
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
Typically, most startups in the city are concentrated in pockets such as Koramangala, Indira Nagar, HSR, Bellandur and Whitefield. However, Peenya's vintage as a manufacturing hub makes it attractive to startups which want to grow in this space.
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Ola, Uber and Rapido have reduced their base fare to Rs 30 from Rs 60 per ride in Karnataka, with effect from October 8, amid the state transport department’s notice. Read for more details @moneycontrolcom
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Stood for literal 30 mins outside the @tdkarnataka office for an auto to finally get a running auto for Rs 350 (metre stopped working for almost all the autos) to a place in Vasant Nagar which is like 4.9 kms on google maps. It's 7.30 pm!
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
Now, At least 10-20 startups in the manufacturing space, such as Ati Motors, Ethereal Machines, Optimized ElectroTech operate out of Peenya.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Zoho is planning to set up more such hubs in Madurai and Tirunelveli and in UP. "We are visiting UP often and in the next two months we will decide the place. It will mostly be in central or easter Uttar Pradesh and not in Noida, " Vembu said.
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Along with other enablers the SaaS community like SaaSBoomi and industry bodies like CII and TiE Gujarat has played a very significant role.
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
Manufacturing startups prefer Peenya for multiple reasons ➡️ Cost of building a startup is cheaper here ➡️Access to resources ➡️ Surrounded by ancillary industries ➡️ Road and Rail connectivity ➡️ In close loop with government and knowledge sharing hubs like BIEC
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@BhavyaDKumar
Bhavya Dilipkumar
4 years
JSPL records 30% YoY growth in steel sales in Q2 FY21 @JSPLCorporate Download Economic Times App to stay updated with Business News -
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@BhavyaDKumar
Bhavya Dilipkumar
6 months
🆕 Here's an interesting trend: India's top SaaS firms (that are slowly becoming 'AI SaaS' firms) are gearing up their workforce in various ways to stay ahead of the curve. Also huge investments are going towards training and development. Here's a small 🧵👇 @moneycontrolcom
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
Peenya Industrial Association, established in the 1970s, also help startups grow in the region.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Talking about the macroeconomic condition, Vembu said that the impact and the blow was much lighter to Zoho as the company was very cash conservative and did not spend much on marketing.
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@BhavyaDKumar
Bhavya Dilipkumar
9 months
"Peenya is now creating a holistic ecosystem where there is no need to set up a factory and head office in different places…Talent across junior and senior levels want to work here,” said @saurabhchandra , cofounder and chief executive officer, Ati Motors.
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Union Minister for state entrepreneurship and skill delevolpement @Rajeev_GoI on a fire side chat with ET's Surabhi Agarwal #ETStartupAwards @EconomicTimes @ETtech
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Over the past six months, Saas giants @Microsoft and @Google have hiked their prices for their business suites Microsoft 365 and Google Workspace respectively. This has led to MSMEs seeking alternatives like @Zoho .
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@BhavyaDKumar
Bhavya Dilipkumar
11 months
Big thanks to @Vishalvirani91 , @avinashraghava @prasanna_says and founders Arjun Kava, Vipul Kapoor and Haresh Calcuttawala for sharing great insights!
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@BhavyaDKumar
Bhavya Dilipkumar
10 months
💻AI: "LLMs are generating human sounding, plausible text but it can sometimes be a fiction and it is a problem... At least the current wave of hype is reached. Now, the long tough slog to make the tech useful for enterprises has begun", says @svembu at @manageengine 's CIO meet
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@BhavyaDKumar
Bhavya Dilipkumar
2 years
Thalaivar all the way! 😅
@chandrarsrikant
Chandra R. Srikanth
2 years
And @BhavyaDKumar found a way to link #Rajinikanth and #Saas 😆 This one is inspired from Baasha 👏
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
BharatPe fight escalates as Ashneer Grover writes to NPCI and BharatPe's independent director alleging data theft of more than 150 million BharatPe UPI users by Bhavik Koladiya (now CEO of OTPLess). A small 🧵
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
Coming to India impact: SaaS bizs are dependent on the US market. Top firms have atleast 80-90% biz happening in the US. So given the SVB was a popular name and a trusted partner many had millions of deposits parked in SVB.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The company currently has five hub offices, including ones in Chennai, Tenkasi, and Renigunta, and around 30 spoke offices presently in India.
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@BhavyaDKumar
Bhavya Dilipkumar
1 year
The Tenkasi office is spread across 15 acres and is expanding. There are several significant projects including the Sanskrit Language Tool is getting developed in this facility.
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@BhavyaDKumar
Bhavya Dilipkumar
3 years
Interesting fact by Ruchir Sharma "20% of all dollars in circulation today is just printed last year. in India too RBI was forced a print a lot of money to revive the economy. To expect no consequence out of it is not possible" Only at #ETAwards @EconomicTimes @ETAwards
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@BhavyaDKumar
Bhavya Dilipkumar
3 years
Union Minister Nitin Gadkari recently called for a regulator to check if Steel and Cement cos are running a cartel. Here's an infographic to help understand the price movements and what led to the hikes, industry voices and the user industry pain points. @EconomicTimes
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