Indian Franchise Billions
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Shaan shares a story about successful Indian businessmen who became exclusive operators of major Western brands in India.
"My dad introduced me to these guys and I was like 'Wow, why is their house humongous?' I asked what they do and found out they partnered with Jockey underwear - they became the exclusive Jockey seller in India.
Next guy at the dinner table, I asked what he does and he says 'We're the Domino's guys in India.' They're the exclusive franchisee of Domino's for India. Indians didn't really eat pizza before this, so they're teaching people to eat pizza. Turns out they love it, and now they have 9,000 Domino's throughout India.
These guys became the local franchisees for these major brands and built billion-dollar businesses by being the exclusive operators in their region."
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.