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PODCAST

Daybreak

Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful. Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.

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All Episodes

10:59

Why the Big Billion Days sale can make or break...

Daybreak ·

2024/09/16

Last month, a Twitter post a Bengaluru-based IT professional about getting a laptop delivered from Flipkart went viral on social. The reason? Flipkart’s quick delivery arm called Minutes that went live in select cities had delivered it to him at a Starbucks cafe in 13 minutes.But Minutes is Flipkart’s third attempt at quick delivery. And the real test is actually around the corner when the Big Billion Days sale goes live at the end of this month. During the sale, daily order volumes usually

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43:00

What happens when you sell education like shampoo?...

Daybreak ·

2024/09/12

Back in the late 2000s when Byju's was founded, it was best known for teaching students how to 'hack' competitive examinations like the CAT. They taught students how to work backwards from the answer and use a bunch of shortcuts to get the highest score possible. The art of 'hacking' examinations was something that the company's founder, Byju Raveendran, was the master of. Or at least that's how the Byju's origin story goes. It all started back in the early 2000s when Byju, an engineer from

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21:19

Sky-high real estate prices in Delhi NCR are making...

Daybreak ·

2024/09/11

The real-estate market of Delhi-NCR is an anomaly. The Ken spoke to a bunch of potential homebuyers who are looking for premium apartments with budgets of up to 2.5 crore rupees. Real-estate experts are telling them to give up on their dreams. Lately, the national capital has been facing an acute supply crunch of new housing projects, especially in the mid-premium segment (80 lakh to 2 crore rupees) depending on the city. Delhi NCR has witnessed the sharpest fall in inventory in this

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12:53

How do you get JEE aspirants to stay in school? Hire...

Daybreak ·

2024/09/11

India's tuition republic came into the picture to fill the gaps in the education system. First and foremost: they promise to get you into the college of your dreams. That simple but powerful promise has made this a Rs 58,000 crore industry. But there is a flip side to this. It puts traditional schools in a rather precarious position. Students start trickling out of the system after class 10. Their parents transfer them to junior colleges or schools with integrated coaching models so they

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13:31

What has two wheels, runs on electricity, and is Ola...

Daybreak ·

2024/09/10

On Independence Day this year, just six days after it went public, Ola Electric launched three new electric motorbikes. This was a bold move, especially considering that electric vehicles haven’t really clicked with the Indian audience yet. The exception to that rule has been electric two and three wheelers, which had some unexpected success in tier-2 India. But motorcycles are not scooters. People still prefer their 125cc ICE bikes. So, it’s a difficult space to break into. But if there

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12:46

India's newest unicorn, Rapido, is betting on a...

Daybreak ·

2024/09/08

Three days ago, Rapido, the bike taxi company, became India’s latest unicorn after it raised $200 million at a valuation of over $1 billion. The funding round which was led by WestBridge Capital also saw new investors put in their money into the company. In an interview to the ET, CEO Aravind Sanka said that the funds will be used to expand Rapido's newly launched four-wheeler taxi service, which competes with Ola and Uber. But here’s the thing. Ever since it started, Rapido has

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48:58

Red tape and lawsuits: Big tech has a big problem

Daybreak ·

2024/09/06

"Google is a monopolist and it has acted as one to maintain its monopoly."Last month, Judge Amit P Mehta of of US District Court for the District of Columbia delivered a historic ruling against one of the biggest technology companies in the world. Google was accused of abusing its dominance by paying the likes of Apple and Samsung billions of dollars to make its search engine the default option on their smartphones and browsers. It is being called the biggest antitrust case of the century

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27:37

What happened to Dunzo?

Daybreak ·

2024/09/04

Dunzo, the Reliance Retail-backed quick delivery company, let go off 75% of its workforce in fresh round of layoffs earlier this week. But for the longest time, Dunzo has been an anomaly. Its a small company that has managed to make its name a verb. Like Google but Google is a giant. Its revenue was just $7 million dollars in the year that ended in 2022. For perspective, Zomato made more than 70 times that amount in the same period, But it did not matter. Because it changed our lives and

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9:14

It made perfect sense for Zomato to go down the...

Daybreak ·

2024/09/04

There was once a time, not very long ago, when every company wanted to be a fintech. Food delivery, ride hailing, e-commerce – companies that you would not otherwise associate with financial services. And when you think about it, it does add up. A couple years ago, fintech was where the money was at. Indian fintechs received nearly 9 billion dollars in funding in calendar year 2021. It was one the hottest sectors in the country. The inside joke among venture capitalists was how founders

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10:34

Health fintechs have cracked the 'cashless insurance'...

Daybreak ·

2024/09/03

In the last decade, the number of people covered by health insurance has more than doubled. Of course, big hospitals – both the state funded ones and the private ones that look a lot like five-star resorts – are making the most of it. They are really raking it in. But there is a sizeable chunk of the healthcare system that is left out. The small, private hospitals that make up nearly 85 per cent of the industry. This is the ‘missing middle’. It’s disorganized and severely underfunded. It’s

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14:08

How Meesho is making India’s second-biggest logistics...

Daybreak ·

2024/09/01

For a while now, some of the biggest players in India’s third-party logistics industry have been riding on the success of e-commerce unicorn Meesho. As of 2023, it accounted for over half of the 2.5 billion shipments that were being handled by third-party logistics players. Companies like Delhivery and Ecom Express happily rose to the occasion and partnered with Meesho to handle all its order deliveries. For logistics companies this was a dream come true because most of the other major

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45:29

Daybreak Special: Despite what Ola Electric may...

Daybreak ·

2024/08/29

When it comes to electric vehicles, China is the crownless king. Nothing new there.But what was news to us was when Bhavish Aggarwal recently announced at an event that his company, Ola Electric, is the world’s largest electric two-wheeler manufacturer and the fourth-largest EV company in the world. It left everyone scratching their heads for a few seconds until they noticed the fine print at the bottom of the powerpoint slide — marked with an asterisk, in tiny lettering, it said excluding

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24:47

Are you a good, bad, or an ugly customer? Myntra knows

Daybreak ·

2024/08/29

A big reason when we choose to buy online instead of going to a store depends on how easy the e-commerce company makes it to return stuff. So far, with most companies, all you have to do is ask for a return on the app or website and someone comes to your doorstep and picks it up.While e-commerce companies have been wooing you with the option, in reality they hate returns because reverse logistics are a costly affair for them.Which is why e-commerce platforms like Ajio and Myntra are

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10:43

Why Rentomojo & Furlenco need to refurbish their...

Daybreak ·

2024/08/28

There was once a time, not too long ago, when you could walk into a young working professional’s rented home in a tier-1 city, and all the furniture would look pretty familiar. About a decade ago, everyone and their uncle was renting furniture from the two OG rental platforms Rentomojo and Furlenco. It just made sense. When Rentomojo and Furlenco were launched about a decade ago, they were like an answer to a lot of people’s prayers. It was a great deal – your fridge, washing machine, king

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14:56

Want a gold loan? Lenders will break every rule in...

Daybreak ·

2024/08/27

Lenders are flouting every rule in their books to cater to the rising gold-loan demand. Thanks to the collusion between lenders and borrowers at some of the branches, one in ten gold loans every month is sanctioned through malpractices—like tweaking weight and misreporting purity of gold, said two industry executives.In this episode, we delve into the murky world of gold loans and what often goes wrong when borrowers seek them out. Tune in. Daybreak is produced from the newsroom of The Ken,

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12:01

Sachin Bansal’s loan offer: take money, let Navi peek...

Daybreak ·

2024/08/25

If you’ve ever taken a loan from a non bank or an NBFC, the EMI is usually auto-debited from your account every month. But if you missed a payment, you know what usually goes down. You are inundated with phone calls from your lender and maybe agents even start visiting your home. Not an ideal situation for you or your lender.But now, your lender can just monitor your account and deduct the money as soon as it comes into your account…all thanks to that auto-debit permission you granted

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25:42

Daybreak Special: How Indian travel agents are gaming...

Daybreak ·

2024/08/22

The pandemic disrupted everyone's travel plans. But now, everyone is travelling with a vengeance and it's really overloading the systems. With visa appointment slots hard to come by, travel agents have turned securing visa dates into a profitable business. Meanwhile, embassies and consulates are trying hard to limit the wait list. And at the center of this anxiety-inducing maze is one company called VFS global that handles the visa application process for more than 150 of the world’s 195

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9:47

Here's what you should know about UPI's latest...

Daybreak ·

2024/08/22

What really makes UPI successful? The number of transactions. In FY2024, for example, more than 130 billion transactions were carried out through UPI. But it's not enough. UPI needs more and more to the point where now it has become a transaction-hungry monster. And NPCI National Payments Corporation of India (NPCI), government body that runs UPI has to constantly come up with ways to feed this ever-hungry monster.Its latest offering is delegated payments. Earlier this month, Reserve Bank

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9:51

What does Awfis know about co-working that Wework...

Daybreak ·

2024/08/20

Many thought the fall of WeWork – as quick and public as it was – was the final nail in the coffin for the fledgling coworking space business. But a few years later, the pandemic is over and people are finally making their way back to their workplaces. The end of work from home has given the coworking space a new lease on life and one Delhi-based startup in particular is really standing out.Awfis, a nine-year-old flexible workspace company, is breaking pretty much every rule in the

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10:13

Tanishq wrote the gold-retail playbook. Kalyan...

Daybreak ·

2024/08/19

For more than two decades, India’s jewellery industry has been dominated by one name and one name only – Tanishq. The Titan-owned brand has managed to become the go-to jewellery store for people across the country. Some may even call it the gold standard…literally. But since last year, things have been changing. Tanishq’s dominance is being challenged. Not by some massive international player or any other pan-India brand. Nope. Instead, it is regional players that are starting to dim

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