Founded in 2012, Quadria Capital Investment Management Private Limited (Quadria Capital) was committed to its mission of using its expertise to do well by doing good through bringing affordable quality health care to Asia. In July 2013, it found such an investment opportunity in the Asian Institute of Gastroenterology (AIG) Hospital in India. AIG was one of the largest gastric sciences hospitals in India that specialized in gastroenterology. It performed more endoscopic procedures per day than any other hospital in the world. It had earned a global reputation for clinical excellence, being among only twenty centres globally to be conferred World Organization of Digestive Endoscopy (recognition. This clinical excellence in the gastric science specialty and reputation put AIG in a strong leadership position and drove demand for its services. It was also renowned for its research and education in gastric sciences. As exciting as the opportunity was, the two founders of Quadria Capital knew this investment would use up a sizable portion of their funds, and they had to carefully consider the risks and what needed to be done to decide whether AIG was the right investment opportunity for Quadria Capital.
In April 2023, an issue emerged around the elevated level of sugar found in Mondelez India’s nutritional beverage, Bournvita. The sequence of events began with the posting of a 90-second video by a prominent social media influencer, which rapidly gained widespread attention, accumulating more than 12 million views within a short period. The video emphasized the high amount of sugar in Bournvita and brought attention to the company’s transparency procedures. Mondelez India, owner of the Bournvita brand, promptly refuted the assertions put forth by the influencer and categorized the video as “unscientific.” In response to the accusations levelled against it, Mondelez India opted to issue a legal notice to the individual responsible for creating the video. The company’s legal action yielded positive results, as the influencer ultimately removed the video and issued an apology to the company. Nevertheless, public opinion remained mostly unaltered, and the dispute persisted on many social media sites. The leadership team faced a series of inquiries in the following weeks on the wisdom of issuing a legal notice to the social media influencer. Did Mondelez India effectively address the crisis and utilize the appropriate communication channel? What message should Mondelez India have conveyed and what was the most effective method to do so?
At the onset of the COVID-19 pandemic, most foreign backpackers could no longer travel to Hong Kong, a trend that continued well into 2021 and adversely affected the operations of a local hostel in the Sham Shui Po neighbourhood. The own and founder of Wontonmeen, Patricia Choi, was exploring the feasibility of repositioning to attract new customers. To explore the repositioning decision, an online survey was conducted along with consumer interviews to better understand a new market opportunity. The data provided useful information about the feasibility of repositioning the hostel to attract local Hong Kong based consumers. Using the data, Choi had to explore the risks and benefits and make a decision on how to position her beloved hostel.
BYD Auto Co. Ltd. (BYD Auto) became the world’s biggest electric-vehicle (EV) maker in 2023. Before its inception in 2003, BYD Auto’s parent firm, BYD Co. Ltd. (BYD), was a Shenzhen, China–based battery manufacturer. Under the visionary leadership of the company’s chair and president, a trained chemist with an eye toward sustainable transportation, BYD diversified into the automotive industry and transformed into an EV leader. Based on site visits and interviews, this case examined the design and branding aspect of the transformation. Combining technology with deep-seated local culture, BYD Auto strategically designed a series of models that incrementally established its leadership domestically. What should be the company chair’s strategic move in 2024 to innovate on BYD Auto’s EVs?
The Himalayan Chocolate is a start-up brainchild of Rohan Keshewar. Stuck in Manali during the Lockdown, Rohan stayed with a family in their homestay facility. While interacting with the host family, Rohan discovered that the locals had two primary sources of income: working at a nearby farm and tourism. Apart from that, they did not have any other source of livelihood. Owing to his skills in making chocolate, he made his first batch of chocolate for the host family using local food ingredients. It began the journey of The Himalayan Chocolate with a bit of start-up investment, raw chocolate, and unique local flavors. Rohan named the brand The Himalayan Chocolate to suggest a chocolate made by the Himalayan people using local ingredients.
Tata Motors Limited (TM), a subsidiary of Tata Sons Pvt. Ltd., was the market leader in the passenger electric vehicle (EV) segment in India. Natarajan Chandrasekaran, chair of Tata Sons, was pleased with the work of Shailesh Chandra who, as managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility (TPEM), had been instrumental in TM’s successful turnaround. Chandrasekaran wanted Chandra and his team to capitalize on the robust demand for passenger EVs in India to reach 25 per cent of TM’s total sales by 2029, up from 8 per cent in December 2022. However, attaining it was not easy because he would face an onslaught from multiple competitors that would threaten TM’s existing market share. To enable TM to maintain its leadership position in this segment in India and to grow over time, Chandra and his team had to ensure they correctly assessed the passenger EV industry’s competitive forces. From this analysis, Chandra would then have to evaluate his competitors’ strategies and formulate TM’s defence and growth plans.
Founded in 2021, Satvic Foods (Satvic) was a company based in Ujjain, India, offering organic, herbal-based food products to a wide range of customers. After only two and a half years since its inception, Satvic had shown tremendous growth, making profits three times the amount of its original investment. Given the high demand for Satvic’s products in the wake of the COVID-19 pandemic, the business’s founder was planning to expand the business globally. However, to achieve international expansion, Satvic needed to develop an effective measure for dealing with cutthroat competition from several leading brands in the country. It also needed to elevate its branding and packaging for better recall in consumers’ minds. Finally, the company’s distribution network needed to be improved for attaining greater availability across markets.
Zhejiang Meorient Business Exhibition Co., Ltd (Meorient) was founded in 2010 with the vision of building the world’s leading digital exhibitions company and establishing China’s first-class national exhibitions brand. This case examines Meorient brand’s internationalization platform construction and growth by embracing and harnessing digitalization. With years of experience in overseas markets and accumulated resources in various industries, Meorient has served more than 200,000 Chinese enterprises and helped Chinese manufacturers connect with the global market. Under the leadership of co-founder Fang Huansheng, Meorient established a research and development team in Hangzhou in 2018 dedicated to the integration of big-data analytics and foreign trade matchmaking systems. In 2019, Meorient Exhibition was listed on the Growth Enterprise Market board of the Shenzhen Stock Exchange and became the first Chinese exhibitions company to be listed. Over three years, the company continued to refine its digital services, culminating in the creation of a distinctive digital service matrix.<br><br>A business expansion avenue emerged for Meorient following the shutdowns during the COVID-19 pandemic. With precautionary measures and travel restrictions severely limiting offline (in-person) exhibitions globally, Meorient harnessed digital infrastructure to launch a digital exhibitions platform. To facilitate business growth in the face of substantial uncertainty and establish a global competitive edge, Meorient needed to promptly devise strategies to launch and facilitate the online exhibitions platform, and had to convince exhibitors and buyers to embrace its innovative digital products.
This case focused on the scenario of income inadequacy at the Madras Crocodile Bank and Centre for Herpetology, a notable zoo in Mamallapuram, Tamil Nadu, India. The zoo was run on the income it generated through visitors’ fees, corporate sponsorship, individual donors, and grants. It was under pressure to increase its revenue, reduce the surplus of reptiles, and maintain the climatic conditions inside the premises. The solution potentially lay in aligning its economic, social, and environmental challenges; that is, in achieving triple bottom-line excellence to save the people, the planet, and the profit.
The Women's Premier League (WPL) final was contested on March 25, 2023, the atmosphere at the crowded Brabourne Stadium mirrored the phrase for which the competition became famous: "Ye Toh Bas Shuruat Hai" (This is just the start). Fans filled stadiums throughout the event to support the best female cricket players in the world. But the event's organizers did not give themselves the best opportunity to enable the franchises to connect with local fan bases. What more measures could the Board of Control for Cricket in India (BCCI) undertake to increase attendance at WPL games? How could they market and position the WPL more effectively among viewers? How should they analyze the values created by the WPL for the viewers?
In March 2023, Havells India Ltd., founded by Haveli Ram Gandhi and later acquired by Qimat Rai Gupta, reported a significant increase in turnover to $2.06 billion from a low of $1.14 billion during the COVID-19 pandemic in March 2020. Despite its success and growth investments, questions arose about Havells' strategic direction. While traditionally known for its electrical products as a B2B enterprise, Havells made inroads into the brown goods market, notably with the struggling Lloyd business post-acquisition in 2017. CEO Anil Rai Gupta faced challenges in adapting Havells' strategies to the competitive B2C market and evaluating the retention of the Lloyd brand's identity. Looking ahead, how will Havells navigate these strategic dilemmas to sustain its growth momentum and market relevance effectively?
CenturyPly India Limited (CPIL), a large wood panel products company with a supply network spread across India, had four main product lines, including laminates. In April 2020, the company’s laminates range was a growth focus for management on account of its profitability and expected growth. Despite the availability of capacity, good demand, a range of designs, and inventory at the distribution centres, CPIL’s order fill rates were less than satisfactory. The management team decided to look at its supply chain and identify solutions that could help. Based on the available data on sales, inventory, and lost sales, the management team needed to identify crucial insights that would help them take the best decisions. One important question was, How could the company adjust its current make-to-order supply chain to ensure it could meet order demands in a timely fashion and avoid losing potential sales?
Amid rising online content, modern consumers want a personalized online shopping experience and to be presented with products, services, and deals that are relevant and specific to them. Anil Bains launched Attryb to create a hyper-personalization stack to deliver a meaningful experience to each website user. Using artificial intelligence, machine learning, and statistical models, Attryb’s predictive intelligence model could assess thousands of customer signals to create meaningful segments that increased acquisition, engagement, and sales for online sellers. However, small and medium companies establishing direct-to-consumer websites often lacked strong technological capabilities and were preoccupied with starting their businesses. How could Attryb convince these prospective clients about the economic benefits of its solution and communicate the value without being overly technical?
Niraj Sharma, Director of Marketing at Airtel, located in India, and his team prepared to launch India’s first telecom convergence product – a single telecom plan that provided mobile, paid TV, and WiFi services under one bill plan. Telecom convergence was expected to be the next big battle against the deep-pocket competitor Jio Telecom. In January 2023, there were three branding options on the table: positioning this convergence plan as a premium offering under the current Airtel brand; using the Airtel Xstream brand; or launching an entirely new brand – Airtel Black that encompassed Airtel mobile and Airtel Xstream services. The company wanted to drive its business growth across different products, including the proposed convergence.
Next Skills 360 EdTech Private Limited (Next Skills 360) was founded by Suraj Meiyur and Sowjanya Suraj in 2020 to teach computer skills to low-income schoolchildren, particularly those from remote and rural areas who did not have access to electricity, computers, or the internet. By May 2022, around 160,000 students and 3,500 teachers across India had used Next Skills 360’s products, ProGame and Life Skills 360. The company had also been recognized by the Massachusetts Institute of Technology as part of the 2021 Solve team. Meiyur felt happy that he could impact the lives of so many poor schoolchildren across the country, particularly those who had never had access to computers or the internet. Next Skills 360 had ambitious plans to reach one million students by the year 2025. However, Meiyur wondered if this business was sustainable and scalable. Did a market of one million students exist for this innovative disruptive and product?
This case follows the situation arising from the difficulties faced by Rakesh Sharma while trying to expand the market reach of his entrepreneurial venture, Om Technologies. Sharma had established a team of competent and skilled professionals whose joint efforts were able to design, develop, manufacture, and offer a range of products in industrial robots and automation-related machinery, along with providing related maintenance services. However, he was experiencing challenges in marketing and branding the business. The case also reflects on the importance of balancing excellent products and services with effective marketing. This case explores critical concepts in entrepreneurship, strategic planning, and crafting a suitable marketing strategy.
In March 2023, Campbell Wilson, managing director and CEO of Air India, announced that the owners of the airline, the Tata group, planned to consolidate their airline portfolio. On the one hand, the group’s two full-service carriers (FSCs), Air India and Vistara, would be merged to form a single brand; on the other hand, so would the group’s two low-cost carriers (LCCs), Air India Express and Air Asia India. Wilson had joined Air India in June 2022, only a few months after the Tata group had taken over the debt-ridden airline from the government of India. Although it was clear that the Tata group wanted to consolidate its airline portfolio into one FSC brand and one LCC brand, some industry experts had expressed doubts about the Air India–Vistara merger, given their very different brand associations and heritage. Deciding whether to consolidate the brands was not easy. Would doing so be the right decision strategically, or should other options be explored?