Vivek Bindra Empowering Small Businesses with Bada Business

In today’s digital era, traditional businesses are facing the challenge of adapting to new technologies and staying competitive. Many entrepreneurs, especially in small and medium-sized enterprises (SMEs), need to up skill themselves to thrive in this digital landscape. Recognizing the need for accessible entrepreneurial education, Vivek Bindra founded Bada Business in 2019 to empower Indian SMEs, business owners, and aspiring entrepreneurs with the knowledge and skills required to succeed. A former monk-turned-entrepreneur, Vivek Bindra spent four years in Vrindavan after completing his MBA. His unique journey equipped him with a blend of Western management education and ancient wisdom from the Vedas, creating a powerful foundation for his role as a business coach.

Bada Business, headquartered in Delhi, is a tech-enabled training company offering affordable and accessible business training programs in local languages. With an impressive annual turnover of Rs 60 crore, Bada Business is on a mission to bridge the gap in entrepreneurial education in India.

Here’s an overview of Vivek Bindra‘s vision and how Bada Business is making a difference in the SME sector:

Empowering Small Businesses and Entrepreneurs:

Vivek Bindra emphasizes the importance of a robust entrepreneurial ecosystem in fostering economic growth. Entrepreneurs play a pivotal role in creating new businesses, generating employment, and contributing to the overall economy. Bada Business aims to empower individuals and small business owners by providing them with tools and support to scale their enterprises.

The organization’s innovative approach offers an alternative to formal MBA programs, which many individuals find inaccessible or expensive. Bada Business provides practical, real-world insights through case studies approved by industry leaders. Unlike traditional Indian B-schools, which often lack a focus on case studies, Bada Business ensures that its education is directly applicable to the challenges entrepreneurs face.

Unique Selling Proposition:

Bada Business differentiates itself by delivering entrepreneurial courses through industry experts and leaders. The emphasis is on practical knowledge rather than theoretical concepts. Prominent entrepreneurs such as Mahesh Gupta (Founder of Kent RO), Arokiaswamy Velumani (Thyrocare), Ashwini Bhatia (SBI), and Sudhir Agarwal (Dainik Bhaskar) serve as professors, offering valuable insights and expertise.

The organization addresses 50 critical pain points for SMEs, including fund-raising, customer targeting, employee retention, digital transformation, and more. Bada Business delivers its courses in vernacular languages to ensure accessibility for people across different regions. The affordability factor, with a two-year course priced at Rs 750 per month, makes quality business education accessible to a wide audience.

Despite being just a year old, Bada Business has already established 75 branch offices across India’s airport cities and garnered 75,000 enrolments. The company has achieved a remarkable year-on-year growth rate of 200% in revenue.

Adapting to COVID-19 Challenges:

The COVID-19 pandemic posed challenges to many businesses, but Bada Business responded swiftly. Recognizing the need for support during the crisis, the company launched the “India Revival Mission.” This initiative comprised a series of business lessons, webinars, and online lectures aimed at helping SMEs overcome the challenges brought about by the pandemic. Bada Business reached nearly five crore people through its online business lessons, demonstrating its commitment to supporting businesses in difficult times. The pandemic accelerated the growth of the edtech sector, with Bada Business experiencing a 30% month-on-month growth since March. The company also created 2,500 Independent Business Consultants (IBCs) in less than a year, further expanding its reach.

Future Prospects and Growth:

Bada Business is well-positioned to capitalize on the growing demand for online learning. Vivek Bindra believes that online learning has become the new normal, and the company is anticipating revenue of Rs 200 crore for the current financial year. Beyond financial growth, Bada Business is on a mission to ignite an entrepreneurial revolution at the grassroots level in India, empowering individuals and small businesses to thrive in the digital age.

Vivek Bindra’s vision and Bada Business’s commitment to accessible entrepreneurial education are helping bridge the knowledge gap for SMEs and entrepreneurs in India, enabling them to seize opportunities and drive economic growth.