Moneymint

Globe Textiles India Limited (GTIL) is a remarkable success story of a young entrepreneur who transformed his father's retail business into a thriving public limited company. Founded in 2008 by Bhavin Parikh, a business administration graduate from New York University, GTIL grew from a small operation with just six employees to a major player in the textile industry, now employing 1,500 people across five manufacturing units. Bhavin's father, Suryakant Parikh, ran Maalik Stores in Ahmedabad, selling popular shirt brands. Bhavin expanded this foundation by producing a wide range of fabrics, including denim, non-denim, shirting, and home textiles. GTIL made significant strides in the international market by exporting denim fabrics to countries like China and Hong Kong. In 2024, GTIL acquired a 70% stake in Globe Denwash Private Limited, enhancing its capabilities in denim washing and finishing. The company is committed to sustainability and customer satisfaction, aiming to expand its product portfolio while embracing eco-friendly practices. With its focus on innovation and quality, GTIL is well-positioned for continued growth in the competitive textile market. #moneymint #globetextiles #textileindustry #sustainability #entrepreneurship #denim #businessgrowth #madeinindia

Spinny, a leading player in India's second-hand car market, has reported impressive financial results for FY24. The company achieved a revenue of ₹3,725 crore, marking a 14.3% increase compared to the previous year. This growth is significant as it comes alongside a 28% reduction in losses, which dropped to ₹590.4 crore from ₹819.9 crore in FY23. The increase in revenue is largely attributed to strong sales of used cars and additional services like registration and insurance. Spinny's business model focuses on providing a full-stack service for used car sales, ensuring quality through vehicle inspections and refurbishments. Despite rising expenses, which increased by only 5%, Spinny's efforts to streamline operations have paid off. This positive trend reflects the growing demand for used cars in India, suggesting that Spinny is on a path toward profitability. With continued improvements and a strong market presence, Spinny is positioning itself as a robust contender in the automotive sector. . . . . . (spinny, usedcars, secondhandcars, startup success, success story) #moneymint #spinny #usedcars #secondhandcars #startupsuccess #automotiveindustry #financialgrowth #indiabusiness

Amazing experience meeting Amazing people at Moneymint Founders Connect Event. Thanks Aditya Farrad for this opportunity, Kudos to the whole team 🙌🏻

Vidur Kataria's journey from the challenges of the COVID-19 pandemic to founding MasterChow is truly inspiring. In 2020, he was forced to close six food outlets of his restaurant chain, Wok Me, due to lockdowns. Instead of giving up, Vidur seized the opportunity to pivot his business model. He launched MasterChow, an online delivery service that allows customers to create their own Asian dishes at home using pre-packaged sauces and noodles. MasterChow was designed based on the Asian Subway Model, where customers can mix and match ingredients to make their favorite meals easily. This innovative concept quickly gained traction during the pandemic, as people sought convenient cooking solutions while staying at home. Within a short time, MasterChow became a success, generating revenue of ₹624.5 crores in 2024, marking a 15% increase from the previous year. Today, Vidur's net worth stands at ₹38.2 crores, and MasterChow continues to expand its reach across India. The brand is available on major e-commerce platforms and in over 2,500 offline stores, making it a prominent player in the ready-to-cook market. Vidur's story exemplifies resilience and innovation in the face of adversity. #moneymint #masterchhow #vidurkataria #entrepreneurship #foodinnovation #readytocook #successstory

Hitesh Doshi, born in the small village of Tunki, Maharashtra, has become a billionaire through his remarkable journey in the renewable energy sector. Starting with just a ₹5,000 loan from his uncle, he moved to Mumbai to study economics and began trading hardware to support his education. After graduating, he borrowed ₹1.5 lakh to establish a manufacturing business for pressure gauges and industrial valves. In 2007, recognizing the rising demand for solar energy, Doshi pivoted his focus to solar cell manufacturing and founded Waaree Energies, named after the local Wari temple. Today, Waaree Energies is India’s largest solar module manufacturer, boasting a production capacity of 12,000 megawatts. The company has gained significant traction in the international market, particularly in the United States. Following a successful IPO that raised $514 million, Doshi's net worth surged to approximately $5.2 billion. He plans to invest ₹2,800 crore from the IPO proceeds to build a new 6-gigawatt solar cell plant in Odisha. Hitesh Doshi's story exemplifies how determination and strategic vision can lead to extraordinary success in the renewable energy industry. #hiteshdoshi #waareeenergies #renewableenergy #solarpower #entrepreneurship #successstory

Sahil Jain, a former chartered accountant, and his mother, Meena, a nutritionist, have teamed up to create Mighty Millets, a startup focused on healthy snacks made from millets. Sahil was unhappy in his corporate job and wanted to pursue his passion for entrepreneurship. Inspired by his mother’s expertise in nutrition, he decided to combine their strengths to produce nutritious food products. Launched in 2018, Mighty Millets offers a variety of healthy snacks, including laddu bars, vegetable chips, and millet-based cookies. The duo experimented with recipes in their kitchen, aiming to create delicious yet health-conscious options. Today, they supply their products to over 50 hotels, including the prestigious Taj Group and JW Marriott, and achieved an annual revenue of ₹50 lakh last year. The journey was not easy; they faced challenges, especially during the COVID-19 pandemic. However, their dedication paid off as they expanded their product line and gained popularity. With a focus on quality and nutrition, Mighty Millets is contributing to the growing demand for healthy snacks in India. Sahil and Meena's story is a testament to how passion and family collaboration can lead to success in the food industry. #moneymint #mightyMillets #healthysnacks #entrepreneurship #milletrevolution #nutrition #familybusiness

Chandubhai Virani, the founder and chairman of Balaji Wafers Private Limited, started his journey in 1982 with a modest investment of just ₹10,000. Operating from a small shed in his backyard, he began making potato wafers. Despite facing numerous challenges, including financial struggles and initial failures in other businesses, Chandubhai's determination and hard work paid off. His father, Popat Ramjibhai Virani, had given him and his brothers ₹20,000 to invest wisely. After moving to Dhundoraji in Jamnagar at the age of 15, Chandubhai worked various jobs before discovering the potential for making chips at a local cinema canteen. This led to the establishment of Balaji Wafers in 1992. Today, Balaji Wafers is a leading brand in India's snack industry, generating over ₹5,000 crore in annual sales as of FY23. The company operates four factories and processes 6.5 million kg of potatoes daily. Known for its affordable pricing strategy, Balaji has captured a significant share of the potato wafer market and is recognized as a formidable player alongside giants like Haldiram’s and PepsiCo. Chandubhai's inspiring journey from humble beginnings to building a successful enterprise exemplifies resilience and innovation in the face of adversity. #moneymint #chandubhaivirani #balajiwafers #entrepreneurship #successstory #indianbusiness #snackingindustry

I am excited to announce I’ll be hosting a Founders Connect Event in collaboration with Edural Classes on November 8th in Delhi. It's an exclusive networking event designed for founders and startup visionaries to connect, collaborate, and inspire one another. Our agenda is simple yet impactful: Network, Learn, and Grow. We believe in the power of collaboration, and this gathering is all about creating a space where founders like you can connect, exchange insights, and inspire each other. Who all are attending: 1. Ramashish Kumar, Founder Edural Classes 2. Shivansh Ahuja, Founder of City One Initiative 3. Rahul jha, Founder Sampark/NGF132 4. Arvind Verma, Co-founder Vehiclecare  5. Ananya Shetty, Founder RageRooms 6. Bipin Kumar Arya, Founder Uniform Buddy 7. Mukesh Mishra, Founder Unite Microsystems 8. Bharath Rnkawat, Founder Enlog 9. Vedant Kumar, Founder Dublieu Educational Services 10. Neeraj Kumar, Founder Designdrop 11. Gopal Jee, India's Youngest Scientist, Founder of YMRD If you're interested in joining, simply comment 'Join,' and our team will reach out with more details. #startup #event #networking #founders #exclusive

Yash Pakka, founded in 1981 by K.K. Jhunjhunwala, has transformed from a traditional paper mill into a leader in sustainable packaging solutions. The company began with a focus on producing paper from sugarcane waste, but under the leadership of his son, Ved Krishna, it has pivoted towards creating compostable packaging products. This change was driven by Ved's desire to make a positive environmental impact and reduce reliance on single-use plastics. In 2014, Yash Pakka launched its brand Chuk, which specializes in biodegradable tableware made from sugarcane residue (bagasse). These products are designed to decompose within 60 days, making them a sustainable alternative to conventional plastic items. Today, Yash Pakka serves notable clients like McDonald's and Café Coffee Day, contributing to the growing demand for eco-friendly packaging. The company has also invested in renewable energy, operating an 8.5 MW biomass power plant that allows it to generate its own energy sustainably. With a production capacity of 50,000 tonnes per year and plans for expansion, Yash Pakka aims to achieve a revenue of ₹1,400 crore by 2025. Ved’s commitment to innovation and sustainability positions Yash Pakka as a pioneer in the green packaging industry. #moneymint #packaging #innovation #ecofriendly #biodegradable #successstory

Nisha Madhulika is a renowned Indian chef and YouTube personality, celebrated for her easy-to-follow vegetarian recipes. With over 14 million subscribers on her YouTube channel, she has become a beloved figure among home cooks. Nisha began her journey in 2007 when she launched her cooking blog after being inspired by a food blog. In 2011, she expanded her reach by starting her YouTube channel, where she has since uploaded more than 2,300 videos. Before her rise to fame, Nisha worked as a tutor for underprivileged children and faced challenges in her personal life. However, her passion for cooking led her to create engaging content that resonates with many. Her recipes focus on using easily accessible ingredients, making cooking enjoyable for everyone. Nisha’s success has not only earned her a significant following but also a net worth of approximately ₹29 crore. She has been recognized in various awards and publications, including the coffee table book “YouTube Top Cooks.” Today, Nisha Madhulika continues to inspire countless individuals to explore the joy of cooking, proving that with dedication and creativity, anyone can turn their passion into a thriving career. #moneymint #nishamadhulika #chef #cheflife #Youtuber #cooking #cookingchannel #youtubechannel