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India's Quiet Business Builders Beyond Unicorns
Lead story

India's Quiet Business Builders Beyond Unicorns

Not every consequential Indian business is a unicorn. Profitability, resilience and long-term value deserve a place in the national conversation.

People Who Matter Editorial Team · 30 Oct 2026
Blue Tokai: How Indian Coffee Became a Premium Habit
Brands

Blue Tokai: How Indian Coffee Became a Premium Habit

A specialty roaster helped make Indian-grown coffee part of a new urban ritual. The harder question is how to sustain that promise at scale.

People Who Matter Editorial TeamOct 29, 2026
Page Industries: The Business Behind Jockey India
Companies

Page Industries: The Business Behind Jockey India

The Jockey story in India is as much about manufacturing, retail and distribution as it is about an internationally recognised label.

People Who Matter Editorial TeamOct 29, 2026
Anand Deshpande: The Long Game Behind Persistent
People

Anand Deshpande: The Long Game Behind Persistent

Persistent Systems grew from a difficult early software venture into a global engineering company. Its founder offers a case study in patient ambition.

People Who Matter Editorial TeamOct 28, 2026
Forest Essentials: How Ayurveda Became Luxury
Brands

Forest Essentials: How Ayurveda Became Luxury

Mira Kulkarni built a premium beauty identity around Indian ingredients, rituals and craftsmanship. The challenge now is scaling without dilution.

People Who Matter Editorial TeamOct 28, 2026
IIT Kanpur: Can Research Become Global Businesses?
Initiatives

IIT Kanpur: Can Research Become Global Businesses?

A new innovation school creates an opportunity to test whether research, entrepreneurial training and patient capital can work together.

People Who Matter Editorial TeamOct 23, 2026
Havells India: How an Electrical Brand Earned Trust
Companies

Havells India: How an Electrical Brand Earned Trust

From electrical products to household recognition, Havells shows how distribution, quality and patient brand-building reinforce one another.

People Who Matter Editorial TeamOct 22, 2026
Sridhar Vembu: Building Global Tech From Rural India
People

Sridhar Vembu: Building Global Tech From Rural India

The Zoho co-founder challenges the idea that world-class technology companies must be built in big cities.

People Who Matter Editorial TeamOct 21, 2026
BookMyShow and India's Concert Boom: The Big Business
Specials

BookMyShow and India's Concert Boom: The Big Business

Concerts are becoming more than a night out. They are reshaping travel, city economies and how a generation chooses to spend.

People Who Matter Editorial TeamOct 16, 2026
Punjab’s PEHEL Wants Rural Women to Build Businesses. What Happens After the Loan?
Initiatives

Punjab’s PEHEL Wants Rural Women to Build Businesses. What Happens After the Loan?

The initiative pairs credit with practical business support. Its early results are promising, but the true measure will be whether women can build lasting incomes.

People Who Matter Editorial TeamOct 15, 2026
DailyObjects Started With Phone Cases. Can It Build India’s Next Global Lifestyle Business?
Companies

DailyObjects Started With Phone Cases. Can It Build India’s Next Global Lifestyle Business?

A fresh funding round gives the Gurugram company room to expand. The bigger challenge is turning useful accessories into a brand people deliberately choose.

People Who Matter Editorial TeamOct 14, 2026
The Whole Truth: Can Transparency Transform Packaged Food?
Brands

The Whole Truth: Can Transparency Transform Packaged Food?

Shashank Mehta built a food brand around showing consumers what is inside the pack. The harder test is making that promise work at scale.

People Who Matter Editorial TeamOct 13, 2026
Radhakishan Damani Built DMart Without the Hype. Why Does His Retail Formula Still Work?
People

Radhakishan Damani Built DMart Without the Hype. Why Does His Retail Formula Still Work?

Excerpt As DMart expands beyond 500 stores, its founder’s quiet philosophy faces a louder, faster and increasingly digital retail market.

People Who Matter Editorial TeamOct 12, 2026
Amazon vs Flipkart: India’s Festive Sale War Is No Longer Just About Discounts
Brands

Amazon vs Flipkart: India’s Festive Sale War Is No Longer Just About Discounts

Amazon and Flipkart’s 2026 festive sales reveal a larger battle over Indian shopping habits, fast delivery, AI discovery and what a discount really means.

People Who Matter Editorial TeamOct 9, 2026
India Is Getting Older. Max India and ISB Want to Rethink How the Country Cares for Its Seniors
Initiatives

India Is Getting Older. Max India and ISB Want to Rethink How the Country Cares for Its Seniors

Max India Foundation and ISB have launched SCALE to build evidence around senior care. The initiative arrives as India faces a demographic shift that will reshape healthcare, finance, technology, work and family life.

People Who Matter Editorial TeamOct 8, 2026
boAt Is Putting Gemini Inside Its Devices. Can an Indian Audio Brand Become an AI Brand?
Companies

boAt Is Putting Gemini Inside Its Devices. Can an Indian Audio Brand Become an AI Brand?

boAt’s Crest AI brings Google Gemini into select audio devices. The move shows how Indian consumer electronics brands are trying to move beyond affordable hardware and compete through software, services and AI.

People Who Matter Editorial TeamOct 7, 2026
Anup Bagchi Is Leaving ICICI Life to Lead HDFC Bank. Why India’s Biggest Bank Chose an Outsider
People

Anup Bagchi Is Leaving ICICI Life to Lead HDFC Bank. Why India’s Biggest Bank Chose an Outsider

Anup Bagchi will become HDFC Bank’s first outsider CEO. His appointment from the ICICI ecosystem reveals what India’s largest private sector bank may be looking for after merger, scrutiny and a difficult transition.

People Who Matter Editorial TeamOct 6, 2026
AJIO Chose Ahaan Panday. Is Bollywood’s New Generation Becoming More Valuable Than Its Biggest Stars?
Brands

AJIO Chose Ahaan Panday. Is Bollywood’s New Generation Becoming More Valuable Than Its Biggest Stars?

AJIO has chosen Ahaan Panday for its 2026 festive campaign. His rise after Saiyaara shows why brands increasingly value cultural momentum, youth relevance and discovery over decades of established fame.

People Who Matter Editorial TeamOct 5, 2026
AI Is Being Renamed ‘Super Intelligence’. The Name May Matter More Than You Think.
Specials

AI Is Being Renamed ‘Super Intelligence’. The Name May Matter More Than You Think.

The United States has begun replacing Artificial Intelligence with Super Intelligence in federal language. But superintelligence already has a distinct meaning in technology. The change opens a much bigger question about how names shape what society expects from AI.

People Who Matter Editorial TeamSep 30, 2026
CMF Is Becoming an Indian Smartphone Brand. Can India Finally Build a Global Phone Brand?
Companies

CMF Is Becoming an Indian Smartphone Brand. Can India Finally Build a Global Phone Brand?

CMF is moving towards majority Indian ownership and deeper local engineering. Its transformation reveals the next challenge for India's electronics industry: moving from making global phones to building global phone brands.

People Who Matter Editorial TeamSep 25, 2026
Vijay Deverakonda Is Building Unhype. Why Are Celebrities Becoming Founders Instead of Endorsers?
People

Vijay Deverakonda Is Building Unhype. Why Are Celebrities Becoming Founders Instead of Endorsers?

Unhype is the latest example of a bigger shift in Indian celebrity culture. Stars are no longer satisfied with renting their fame to brands. Increasingly, they want equity, creative influence and a place on the cap table.

People Who Matter Editorial TeamSep 24, 2026
Why Air India Chose 15-Year-Old Vaibhav Sooryavanshi to Tell Its New India Story
Brands

Why Air India Chose 15-Year-Old Vaibhav Sooryavanshi to Tell Its New India Story

Air India could have chosen an established sporting icon. Instead it chose 15 year old Vaibhav Sooryavanshi. The decision reveals how the airline wants its own transformation to be seen alongside a younger, more ambitious India.

People Who Matter Editorial TeamSep 23, 2026
The Beauty Industry Has a Waste Problem. L’Oréal Is Asking Startups to Help Fix It.
Initiatives

The Beauty Industry Has a Waste Problem. L’Oréal Is Asking Startups to Help Fix It.

L’Oréal has selected 13 companies for the second cohort of its €100 million sustainability accelerator, including two Indian innovators. The bigger story is how a global beauty group is looking outside its own laboratories for solutions to waste, water use and circular manufacturing.

People Who Matter Editorial TeamSep 22, 2026
The Man Tata Wasn’t Ready to Let Go: N. Chandrasekaran’s Long Game
People

The Man Tata Wasn’t Ready to Let Go: N. Chandrasekaran’s Long Game

N. Chandrasekaran spent nearly four decades inside Tata and was preparing to leave. Then the Tata Sons board asked him to stay. His reversal says as much about the unfinished transformation of the group as it does about the man leading it.

People Who Matter Editorial TeamSep 21, 2026
From Dholera to the World: Tata’s Chip Ambition Just Found an Important Global Customer
Companies

From Dholera to the World: Tata’s Chip Ambition Just Found an Important Global Customer

Tata Electronics has signed a strategic manufacturing partnership with Nexperia across Dholera and Jagiroad. The deal matters because India’s semiconductor push is beginning to acquire something more valuable than factory announcements: global customers.

People Who Matter Editorial TeamSep 19, 2026
Sabyasachi Used Bollywood to Build Fame. Now He Wants Indian Luxury to Outgrow It.
Brands

Sabyasachi Used Bollywood to Build Fame. Now He Wants Indian Luxury to Outgrow It.

Sabyasachi Mukherjee is returning to New York Fashion Week while pushing back against celebrity customisation and overexposure. The contradiction reveals his larger ambition for Indian luxury.

People Who Matter Editorial TeamSep 18, 2026
BMW Chose Ranveer Singh. What It Really Wants Is Young India.
Companies

BMW Chose Ranveer Singh. What It Really Wants Is Young India.

BMW's choice of Ranveer Singh says more than a celebrity endorsement ever could. India's luxury buyer is getting younger, first time buyers are entering faster, and the meaning of status itself is changing.

People Who Matter Editorial TeamSep 17, 2026
India’s Beauty Market Is Booming. So Why Did SUGAR’s Valuation Crash?
Companies

India’s Beauty Market Is Booming. So Why Did SUGAR’s Valuation Crash?

SUGAR Cosmetics has raised fresh capital at a sharply lower valuation even as India’s beauty market races ahead. The reset shows how investor expectations around India’s beauty brands have changed.

People Who Matter Editorial TeamSep 16, 2026
How the 80s Photo Trend Became a Free Product Demo for ChatGPT
Brands

How the 80s Photo Trend Became a Free Product Demo for ChatGPT

The 80s photo trend was fun, nostalgic and remarkably effective at showing what ChatGPT could do. Here is how it spread, why it worked like free marketing, and what the privacy, energy and water questions actually mean.

People Who Matter Editorial TeamSep 15, 2026
The World Came to Delhi. India Is Becoming the Centre of the New Global Order
Specials

The World Came to Delhi. India Is Becoming the Centre of the New Global Order

The BRICS Summit brought Vladimir Putin, Xi Jinping and leaders from across the emerging world to New Delhi. The summit itself mattered, but so did what it revealed: India is growing rapidly, becoming easier to build and do business in, and gaining the economic and diplomatic gravity to sit closer to the centre of world affairs.

People Who Matter Editorial TeamSep 14, 2026
10 Powerful Women Shaping India's Future
Specials

10 Powerful Women Shaping India's Future

This Independence Day, People Who Matter looks at ten women, from Ananya Birla to Roshni Nadar Malhotra, whose current work continues to shape India's business and cultural landscape.

People Who Matter Editorial TeamAug 15, 2026
10 Sports Personalities Redefining India's Sporting Story
Specials

10 Sports Personalities Redefining India's Sporting Story

This Independence Day, People Who Matter looks at ten sports personalities, from Jasprit Bumrah to Virat Kohli, whose current seasons and business ventures continue to define Indian sport.

People Who Matter Editorial TeamAug 11, 2026
From Vaccines to Ventures: The Expanding World of Adar Poonawalla
People

From Vaccines to Ventures: The Expanding World of Adar Poonawalla

The COVID-19 pandemic turned Adar Poonawalla into a global name as Serum Institute’s vaccines reached millions across continents. But his story goes beyond the crisis, tracing the journey of a businessman who expanded a family legacy into a diversified and globally recognised enterprise.

People Who Matter Editorial TeamAug 7, 2026
Sudha Murty: A Legacy Built On Compassion & Conviction
People

Sudha Murty: A Legacy Built On Compassion & Conviction

She questioned gender bias when few dared to. She helped shape one of India’s most influential technology companies, transformed corporate philanthropy, and inspired millions through her writing. Sudha Murty’s journey is a testament to the power of purpose-driven leadership.

People Who Matter Editorial TeamAug 7, 2026
How the Kamath Brothers Kept Building Even After Zerodha
People

How the Kamath Brothers Kept Building Even After Zerodha

The Kamath brothers built one of India's most successful bootstrapped companies. Their greater contribution, however, may lie in how they have used that success to inspire founders, shape conversations and strengthen India's innovation ecosystem.

People Who Matter Editorial TeamAug 7, 2026
Titan: The Timeless Masterpiece By The Tata Group
Brands

Titan: The Timeless Masterpiece By The Tata Group

From a factory in Hosur to the acquisition of a 300-year-old Swiss watchmaker, Titan's journey reflects the power of conviction, innovation and an unwavering belief that India could build brands the world would admire.

People Who Matter Editorial TeamAug 7, 2026
What Truly Makes Amul The Taste of India?
Brands

What Truly Makes Amul The Taste of India?

From Gujarat’s milk cooperatives to becoming one of India’s most trusted household names, Amul’s success story is a story of rural empowerment, economic inclusion and a revolution that reshaped the nation’s dairy industry.

People Who Matter Editorial TeamAug 7, 2026
Gig Work, Food Delivery, Q-Commerce, Ambulance: How Zomato Built An Ecosystem
Brands

Gig Work, Food Delivery, Q-Commerce, Ambulance: How Zomato Built An Ecosystem

What started as a restaurant menu website eventually transformed into one of India’s biggest consumer-tech companies. From food delivery and Blinkit to gig employment and quick commerce, Zomato reshaped how urban India eats, shops, works, and experiences convenience.

People Who Matter Editorial TeamAug 7, 2026
Why Microsoft's AI Bet On India Goes Beyond Technology
Initiatives

Why Microsoft's AI Bet On India Goes Beyond Technology

Microsoft's AI skilling initiative seeks to bridge opportunity gaps by bringing AI education to underserved regions and equipping millions of Indians for the future of work.

People Who Matter Editorial TeamAug 7, 2026
How Neeraj Chopra’s Golden Throw Rewrote India’s Olympic Dream
People

How Neeraj Chopra’s Golden Throw Rewrote India’s Olympic Dream

In a cricket-loving country, Neeraj Chopra turned javelin into a mainstream sport and became one of India’s most influential sporting icons.

People Who Matter Editorial TeamAug 7, 2026
How Lenskart Changed The Way India Buys Eyewear
Brands

How Lenskart Changed The Way India Buys Eyewear

What started as a risky ecommerce idea evolved into one of India’s biggest consumer-tech success stories. Lenskart not only modernised eyewear retail but also changed how India perceived spectacles.

People Who Matter Editorial TeamAug 7, 2026
Maruti: How A Government Experiment Continued To Lead The Market
Companies

Maruti: How A Government Experiment Continued To Lead The Market

From a modest 1981 government venture to 42% market share today, Maruti's journey mirrors India's own story of growth and aspiration.

People Who Matter Editorial TeamAug 7, 2026
Info Edge: The Internet Pioneer That Built India's Digital Marketplace Economy
Companies

Info Edge: The Internet Pioneer That Built India's Digital Marketplace Economy

From finding jobs to finding homes and matrimonial matches, Info Edge created an entire ecosystem of internet-driven businesses. What began as an effort to digitise newspaper job listings eventually grew into a company that connected millions of Indians to information.

People Who Matter Editorial TeamAug 7, 2026
How Nuvoco's Swasth Bharat Initiative Is Bringing Healthcare To India's Last Mile
Initiatives

How Nuvoco's Swasth Bharat Initiative Is Bringing Healthcare To India's Last Mile

In many villages, reaching a doctor can mean travelling long distances and losing a day's wages. Nuvoco is attempting to change that through mobile healthcare services and investments in healthcare infrastructure around its manufacturing locations.

People Who Matter Editorial TeamAug 7, 2026
Infosys & India’s IT Boom: The Company That Defined An Industry
Companies

Infosys & India’s IT Boom: The Company That Defined An Industry

As India’s IT industry expanded, Infosys stood at the centre of the transformation, bridging global demand with Indian talent and reshaping how the country works and earns.

People Who Matter Editorial TeamAug 7, 2026
How Harmanpreet Kaur Rewrote The History Of Indian Cricket
People

How Harmanpreet Kaur Rewrote The History Of Indian Cricket

From leading India to its first Women's Cricket World Cup title to becoming one of the most recognisable faces in sport, Harmanpreet Kaur's journey mirrors the rise of women's cricket in India. Her impact extends far beyond records and trophies, reshaping how the country views women in the Indian sports fraternity.

People Who Matter Editorial TeamAug 7, 2026
Bridging the Employability Gap: How NASSCOM’s ASCEND Is Building India's Future Workforce
Initiatives

Bridging the Employability Gap: How NASSCOM’s ASCEND Is Building India's Future Workforce

As India's demand for digital talent continues to grow, access to industry-relevant skills remains uneven. Through ASCEND, NASSCOM Foundation and nine technology SMEs have come together to equip marginalised youth with emerging technology skills, demonstrating how collaborative CSR can create pathways to employment and inclusion.

People Who Matter Editorial TeamAug 7, 2026
Khadi India: Inspired By Swadeshi Movement, Embraced By Youth, Livelihood For Many
Brands

Khadi India: Inspired By Swadeshi Movement, Embraced By Youth, Livelihood For Many

From the Swadeshi movement to ecommerce platforms, the journey of Khadi India reflects how rural employment, sustainability, and indigenous craftsmanship became central to modern consumerism.

People Who Matter Editorial TeamAug 7, 2026
Tata Steel: The Company That Turned Industrialisation Into Social Change
Companies

Tata Steel: The Company That Turned Industrialisation Into Social Change

From supporting India’s industrial self-reliance movement to building communities around workers, Tata Steel evolved into far more than a business enterprise. It teaches how industrial growth and social welfare can work well, decades before independence.

People Who Matter Editorial TeamAug 7, 2026
Bajaj Auto: How A Company Put The Middle Class In The Driving Seat
Companies

Bajaj Auto: How A Company Put The Middle Class In The Driving Seat

From enabling affordable mobility for millions to building one of India’s strongest automotive export businesses, Bajaj Auto has played a defining role in the country’s growth story. Today, it stands at the intersection of legacy, automation, and the transformation of electric mobility.

People Who Matter Editorial TeamAug 7, 2026
Mysore Sandal: From Karnataka’s Hidden Forest Treasure To A Heritage Soap Brand
Brands

Mysore Sandal: From Karnataka’s Hidden Forest Treasure To A Heritage Soap Brand

Born out of a crisis during World War I, Mysore Sandal evolved from a regional industrial experiment into a Rs. 2,000 Cr heritage brand. The soap not only shaped Karnataka’s sandalwood economy but also became an emotional part of Indian households across generations.

People Who Matter Editorial TeamAug 7, 2026
From A Single Terrace To Global Kitchens: Lijjat Papad Legacy Lives On
Brands

From A Single Terrace To Global Kitchens: Lijjat Papad Legacy Lives On

Having begun with a Rs. 80 loan in 1959, today the monthly global export target of Lijjat Papad stands close to Rs.10 Cr. From empowering women to offering scholarships to their children, Lijjat, as a cooperative, seems louder than boardroom discussions on inclusion.

People Who Matter Editorial TeamAug 7, 2026
Mission4Million: Axis Bank Foundation's Initiative To Transform 4 Million Rural Lives By 2030
Initiatives

Mission4Million: Axis Bank Foundation's Initiative To Transform 4 Million Rural Lives By 2030

For millions of rural families, economic security remains a distant goal. Through Mission4Million, Axis Bank Foundation hopes to change that by creating sustainable livelihood opportunities.

People Who Matter Editorial TeamAug 7, 2026
No Safe Bets: Why R. Madhavan’s Relevance Is Built On Risk-Taking
People

No Safe Bets: Why R. Madhavan’s Relevance Is Built On Risk-Taking

Beyond the charm of 'Maddy,' R. Madhavan’s Padma Shri honours a rare stardom built on quiet reinvention, curiosity, and mentorship.

People Who Matter Editorial TeamAug 7, 2026
Gaur Gopal Das: The Monk Who Redefined How India Consumes Wisdom
People

Gaur Gopal Das: The Monk Who Redefined How India Consumes Wisdom

Gaur Gopal Das’s rise signals a cultural shift where spiritual storytelling intersects with corporate wellness, offering emotional tools for navigating high-pressure professional life.

People Who Matter Editorial TeamAug 7, 2026
How Herbalife Is Empowering Women, Driving Change, Breaking Stereotypes
Initiatives

How Herbalife Is Empowering Women, Driving Change, Breaking Stereotypes

Public transport doesn’t just drive people. Sometimes it also drives change. On this principle, Herbalife has put women of Bengaluru and Mysuru in the driving seats of e-autos and helped them increase their monthly income.

People Who Matter Editorial TeamAug 7, 2026
Caring For The People Who Build India: The Story Of Godrej SAHYOG
Initiatives

Caring For The People Who Build India: The Story Of Godrej SAHYOG

Construction workers build dreams. Yet their well-being often goes unnoticed. To change the picture, Godrej Properties has extended support to 30,000 workers across the country.

People Who Matter Editorial TeamAug 7, 2026
Mumbai Dabbawalas: India’s ‘OG’ Food Delivery Network
Companies

Mumbai Dabbawalas: India’s ‘OG’ Food Delivery Network

Long before food delivery apps transformed urban convenience, the Mumbai Dabbawala built a human-powered network that carried home-cooked meals, livelihoods and trust across the city. More than a delivery system, they became a symbol of discipline, dignity and Mumbai’s relentless spirit.

People Who Matter Editorial TeamAug 7, 2026
From Migrant Relief To Student Support: The Many Lives Touched By Sonu Sood
People

From Migrant Relief To Student Support: The Many Lives Touched By Sonu Sood

At a time when people felt disconnected from systems and authorities, Sonu Sood made himself reachable. From migrant relief and medical aid to scholarships and education support, his impact today extends far beyond cinema.

People Who Matter Editorial TeamAug 7, 2026
Deepika Padukone
People

Deepika Padukone

In an industry built on visibility, Deepika Padukone mastered the art of relevance. From mental health advocacy to global luxury branding, her evolution reflects the changing face of celebrity itself.

People Who Matter Editorial TeamAug 7, 2026
10 Entertainment Icons Shaping India's Cultural Landscape
Specials

10 Entertainment Icons Shaping India's Cultural Landscape

This Independence Day, People Who Matter looks at ten entertainment icons, from A.R. Rahman to Shah Rukh Khan, whose work and business ventures continue to shape India's cultural story.

People Who Matter Editorial TeamAug 7, 2026