Rukam Capital

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Exploring ideas, startups, & Venture Capital.

Startup India @ 10: The Decade in 10 Inflection Points (2016–2026)

In 2016, calling yourself a founder in India still came with raised eyebrows. At family dinners, the safer question wasn’t “What are you building?” but “When are you settling down?” Unicorns felt mythical, early-stage capital was scarce, and consumer brands were expected to grow slowly, city by city, distributor by
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Who Really Buys Beauty & Personal Care in India Today?

Most founders start by asking a simple question: Who is my customer?  In Beauty & Personal Care, this question often misses the mark, not because the customer is hard to find, but because the ‘customer’ is rarely just one person making all the decisions. The person using the product might
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House of Brands vs Branded House: Architecture as Capital Allocation

Founders often discuss brand architecture early, especially when thinking about growth, extensions, or portfolios. What is discussed far less explicitly, however, is how deeply that choice shapes capital allocation over time. The decision between building a Branded House or a House of Brands is not merely about logos, naming, or
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Healthy vs. Habit: Winning India’s 4 PM Snack

At 3:58 pm, the workday begins to ease. Across Indian offices, hostel corridors, and apartment kitchens, the same ritual plays out: a phone screen goes dark, a mug appears, someone asks, “Chai loge?” A plate follows. For years, that plate was non-negotiable: samosa, bhujia, biscuit, something deep-fried and familiar. Today,
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