Day: November 9, 2018

Stories for Startpreneurs – from my fav newsletters.


Stories you shouldn’t miss

The top four online marketplaces in India – Amazon India, Flipkart, Paytm Mall and Snapdeal – posted a net loss of Rs 9,847 crore on the back of a total operating revenue of Rs 8,898 crore in FY18. In fiscal 2017, the companies reported an operating revenue of Rs 5,920 crore and a loss of Rs 11,131 crore. If we take the four top online marketplaces as an indicator of the ecommerce business in India, the industry lost an average of Rs 1.88 to earn an operating revenue of Rs 1 in FY17.

Sauces and dips, considered a niche product in India, are typically sold only in high-end stores. But the founders of Gurugram-based Fric Bergen wanted sauces to be sold like a “pack of chips”. While many players have introduced retail packs of premium sauces, they are expensive and are affordable only to a few. To address this gap, Fric Bergen launched a range of affordable premium sauces that can be found on the shelves of everyday mom-and-pop stores.

Global online retail giant Amazon may split its planned second headquarters in the US across two locations, and the final decision on the cities where it will set up its campus is expected soon, media reports said. Splitting the second headquarters will allow Amazon to tap into a diverse talent pool. It will also help to ease the stress on infrastructure such as housing and transport in any one particular location.

Over 1 in 5 couples in the reproductive age face difficulties in conceiving naturally. After losing his aunt to break cancer, Vijaygopal Rengarajan set out on a journey to create a “technology-agnostic integrated healthcare ecosystem” to significantly impact clinical outcomes. With Balachander Agoramurthy, Geetha Sanjay, and Gopinath Varadharajan, he co-founded Innov4Sight with one aim: to reduce errors in cancer care.

From lights and locks to thermostats and speakers – technology has made smart homes a reality with just the click of a button. While comfort and convenience have become the key for smart homes with Amazon Alexa and Google Home now ruling the space, many homegrown companies are also venturing into home automation. Looking to provide energy saving solutions and ease of home automation without burning a hole in your pocket, Harmeet Singh and Archit Gupta started Cloudblocks in 2015 in Delhi.

Voice – A Poem by Jay


Voice

by jay

With apologies to Edgar Allan Poe.

The Balding And Bearded Mind of Jay. A Poem by Jay


The Balding and Bearded Mind of Jay 🙂

A Poem by jay

Whose Mind is that? I think I know.
Its owner is quite quirky though.

Full of joy like a vivid rainbow,
I watch him laugh. I cry hello.

He gives his Mind a shake,
And laughs until his Beer-belly aches.

The only other sound’s the break,
Of Diwali crackers keeping birds awake.

The Mind is Balding, Bearded and deep,
And Jay has promises to keep,

After cake, Wine n lots of sleep.
Sweet dreams come to him cheap.

He rises from his hardy bed,
With thoughts of pets in his head,

He eats his Oats with lots of bread.
Ready for lazy day ahead.

With thanks to the poet, Robert Frost, for the underlying structure.

Free Verse Poetry – Twisted a bit – Decipher. ..


Insomnia in a storm cellar
Three wishes in a cornfield
Changes in a volcanic island
Secret map of your school
Special delivery in hot water springs
Stranger in the graveyard
First night in the royal palace
Imposters in a lagoon
Concert in a spa
Spirits of the nearby village

Reality show with a man
Hurricane hunting with a robot
Competition performance of a coward
Babysitting you a rogue
Locked up with a hobo
Road trip with a pretentious snob
Sleepover with a freak
Courage of a model
Sticking up for a king
Saving the world with a highly intelligent animal

Startpreneurs Morning Briefing. From fav newsletters


Morning Briefing (12 Min Reading Time)

Top news & stories of the startup ecosystem from India & around the world

Latest From The Indian Startup Ecosystem
Alibaba Records Drop In Revenue: News From Tech & Startup World
China-based ecommerce platform Alibaba has surprisingly reported slower growth during  Q2 2019 after a long period of high growth. The company recorded revenue of $12.35 Bn (RMB 85.15 Bn), slightly lower than the Bloomberg’s expectation of $12.56 Bn (RMB 86.58 Bn). Here’s Inc42’s weekly roundup of the latest news from the international technology and startup ecosystem from the week.
Electric Vehicles This Week: Tesla Eyes India, E-Tata Tigor Spotted, And More
Tesla Chief Executive Officer Elon Musk tweeted that the company has plans to establish a ‘partial presence’ in India by the end of next year and is also aiming to expand further in 2020. Here’s a curated rundown of important and related developments on the EV Ecosystem in the 48th edition of Electric Vehicles This Week.
Blockchain This Week: Blockchain Used In Asteroid Mining, Global Trade, MeToo Movement And More
In India, the technology is currently at the nascent stage. However states like Andhra Pradesh and Telangana are making initial forays by using blockchain for land registry records, education certificates and vehicle records, etc. Insurtech startup Policybazaar has partnered with blockchain company Accrivis Network to implement ledger technology.
Chart Of The Day
Fact sheet by Inc42 Datalabs.
Featured Stories
Moneyball: Rahul Khanna of Trifecta Capital Recognises The Hunger Of First-Generation Entrepreneurs
Rahul Khanna, the co-founder and managing partner of Trifecta Capital, believes firms such as his have a responsibility towards building this asset category. Trifecta’s list of portfolio combines includes Bigbasket, Box8, CarDekho, Furlenco, PharmEasy, Urban Ladder, and Zoomcar. Here are excerpts of this week’s Moneyball with Rahul Khanna of Trifecta Capital.
Ashish Kashyap Dons Entrepreneur Hat Again, To Enable ‘Financial Democracy’ With INDwealth
After more than a decade of starting up for the first time with travel website Ibibo, Ashish Kashyap is back in the Indian startup ecosystem with a new full-stack wealth management startup — INDwealth. Its parent company, Finzoom Investments, recently secured $30 Mn in seed capital from Hong Kong-based Steadview Capital.
Nasscom sme conclave
Recent Stories From Around The World
Zopa, The UK P2P Lending Company, Closes £60M Round(TechCrunch)
 Zopa, the U.K. peer-to-peer lending company that wants to become a bank, which today is announcing that it has closed £60 million in further funding. Only £16 million is actually new new money, having already disclosed £44 million in August, so this is effectively an extension of that earlier fund-raise.
Amazon Launches Echo And Alexa In Mexico(The Verge)
Amazon has brought its Alexa voice assistant and a range of compatible Echo devices to Mexico. The Echo, Echo Dot, Echo Plus, Echo Spot, and Amazon Smart Plug are all available to pre-order today, and shipping will start next week. The company is also bringing Amazon Music Unlimited and Prime Music to Mexico today.
Facebook Appears To Have Survived This Election Cycle (Recode)
It’s the day after the U.S. midterms and Facebook appears to be … fine. The social network, which has been scrambling for months to prepare for the midterms in order to avoid another election incident like what happened in 2016, made it through Election Day without a monumental screwup.
Read More Top Stories On Inc42
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From zero to infinity

Read | Think | Learn | Write

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