Flipkart $10b Adanis $8b Uber $40b– IPR $1000b Program
December08, 2014 (C) Ravinder Singh ravinderinvent@gmail.com
At an IPR event I told RIL R&D Head ‘Your company has Rs.100,000 crores cash, can Finance 100,000 Startup R&D Companies, could be worth $1 Trillion in few years’ he was excited but never responded after returning back.
Adani Power Ltd raised Rs.3,000 Cr wide IPO, subscribed at Rs.100 per share in 2009, and thereafter raised over Rs.50,000 crores from FIs but the share price today is Rs.44.85 only. How is that BANKS in India support a 78% Private Company who is not rewarding Shareholders with DIVIDEND, SUPPORT almost 94% of its Fund Requirements and helped it in acquisitions, 17 more are on Shopping List? Adani Enterprises Limited reported 80 Subsidiaries but none raised funds through Fixed Deposits since listing in 1994.
It is strange none of Indian Corporate with tones of money is doing Real R&D and also not supporting Startups thus India has failed toFound Global Companies.
Here in India Flipkart in 2009 started with $1m Venture Capital support is worth $10b presently could be worth $50b+ in 2-3 years more than top Corporate.
UBER also started in 2009 at San Francisco is today worth $40b - Zeenews.
Uber is a ridesharing service headquartered in San Francisco, United States (U.S.), which operates in multiple international cities. The company uses a smartphone application to arrange rides between riders and drivers. Customers use the app to request rides and track their reserved vehicle's location.
- The company received venture funding in late 2010 from First Round Capital and a group of super angel investors in Silicon Valley that included Chris Sacca. In early 2011, Uber raised more than US$11.5 million in Series A funding led by Benchmark Capital. In late 2011, Uber raised an additional $32 million in funding from several investors, including Goldman Sachs, Menlo Ventures, and Bezos Expeditions, bringing their total funding amount to $49.5 million.
- “Quite a few customers have boarded on mobile wallet system and that is how it is going to work....I think they are now going to (be) more or less what we had told them..,” Khan said.
But in the absence of Fast Patents and Confidentiality Laws and Time & Money required to Commercialize a Non Software Product on national and global scale is enormous which can’t be scaled up rapidly like Flipkart or UBER.
Adani Enterprises Limited reported Revenue of Rs.12,993 crores, Dividend paid Rs.154 crores (Mostly to Self and IIs) but didn’t raise a penny through Fixed Deposits/Dilution of Shares. CROREPATI SHAREHOLDERS OWN 98.94% of AEL.
Why have Nationalized Banks in India FUNDED 94% of Capital Requirements of AEL that is 78.3% Private, Not Rewarding Investors, Not Paying Divided to Small Investors? Even Employee Benefits are 1.5% of revenue.
Ø When shall our Banks FUND IPR Startups With $1T, 4% -6% of World IPR?
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Comments
Post a Comment