The Indian Dream ESG Investing & Business ideas, Real Estate Fractionalization, Intern Army for State Tourism Boards, Review Website for CBC's
Sahil (@sahil071) and Siddharth (@sidbetala) hang out and discuss various ideas on this episode of Business Munchies. We're now actively sharing interesting snippets on Twitter and reels on Instagram. Follow us there to stay updated!
Timeline:
(2:15) - Environmental, Social & Governance standards for big businesses
(24:30) - Fractionalization of Real Estate
(35:40) - Influencers working with State Tourism Boards
(41:50) - Review Website for Cohort Based Courses
Business Ideas
ESG Investing & Business ideas - ESG stands for Environemtal, Social & Governance standards that the biggest companies in the world need to follow. More and more large fund houses are directing the flow of their investments based on businesses meeting ESG standards. There have also been big shifts in the rules in India that are forcing the 1000 biggest businesses in India, as per market cap, to publish annual ESG reports. As a result, the largest auditing firms in the world - PWC, KPMG, etc. - are predicting that the ESG reports will be as big as their financial audits in the next few years. Hence, there is a huge money making opportunity for these huge auditors but also for small businesses that want to enter this field.
Interesting links
Mckinsey Report
Indian ESG Rules
Full Document on Indian ESG Guidelines
ESG Smallcase
ESG Ideas:
- Boutique ESG Consulting or Auditing firm that helps businesses with the Auditing and also meeting ESG requirements that have been missed.
- Content website that lists all the ESG standards and benchmarks that have been set by different businesses so that people can track progress.
- Countless B2B and B2C opportunities based on different industries. For example, one our previous podcast guests has built a full supply chain with traceability for recycled plastics so that his customers have full traceability on their plastics' origin.
Fractionalization of Real Estate
Real Estate is a great hedge against inflation and is also a great low risk investment for someone's barbell investment strategy. However, the ticket size to enter Real Estate investment is too high for the average retail investor. Is there a way to democratise this so that smaller investors can also add real estate to their portfolio? Some businesses who are already doing this:
Intern Army for Tourism Boards
State Tourism boards, on average, are terrible at building User Generated Content. Authentic UGC will drive social media growth in the long run. State Tourism Boards can think of hiring an intern army for a month and send them on a tour of the entire state with the sole job of creating as many instagram reels as possible.
Review Website for CBC's
Cohort Based Courses, at the moment, are being sold by influencers who are themselves reviewing their own course. A website that's generating User Generated Reviews would help sort the wheat from the chaff in their crowded but fast growing market.