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I just hit 30 and it feels... different. Not bad, just not what I expected. My 20s were a whirlwind of possibilities, but now I'm wondering if I'm supposed to have it all figured out. How are your 30s different from your 20s? What changes - good or bad - caught you off guard?
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Zepto guys are interviewing people from amazon, flipkart, Meesho etc. They have too much dependency on groceries. They are desperate to launch new categories. Hence they want information regarding certain categories and it's launch plan. Instead of doing real work they are trying to interview category guys from popular marketplace to get all information relavant to them. This is so cheap as people are utilised for information. After the interview is done immediately you get rejection mail. Please be careful
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- General insurance player Acko has acquired OneCare, a startup involved in chronic care management, in an all-cash deal. The amount was not revealed. - OneCare founders Rakesh Shivran and Sagar Bhat will join Acko’s leadership as part of the acquisition strategy to expand healthcare solutions. - OneCare raised $1 million in seed funding in 2021 and had revenues of Rs 7.3 lakh and a loss of Rs 1.4 crore in FY22. Latest financials were not available. - Acko, founded in 2016, has distributed over 1 billion policies and served 78 million-plus customers, raising $598 million in funding to date. - This acquisition marks Acko’s third, following the purchases of Vler in 2019 and Parentlane in 2023, as it continues to invest in and partner with various startups. Source: The Arc
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- CrowdStrike, the cybersecurity firm, issued a $10 Uber Eats gift card to partners as an apology for a recent outage caused by a faulty update. - The July 19 incident rendered around 8.5 million Windows devices unusable, leading to significant disruptions worldwide, including delays at airports and halted surgeries in hospitals. - Some recipients reported that the gift card was canceled when they tried to redeem it, with Uber flagging it as fraud due to high usage rates. - CrowdStrike's CEO and Chief Security Officer publicly apologized, emphasizing their commitment to transparency and preventing future incidents. - The company continues to investigate the cause of the outage and has been providing regular updates on their progress. Source: Techcrunch
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- CRED, a Bengaluru-based fintech startup, introduces CRED Money to help users manage and gain insights into their cash flow. - The feature consolidates financial data from all bank accounts, allowing users to track transactions and recurring payments on a single dashboard. - Leveraging India's account aggregator framework, CRED Money ensures secure, purpose-specific access to financial data across multiple institutions. - Despite not monetizing the feature, CRED employs data science algorithms to provide actionable insights, aiding in financial optimization. - Launching in phases, CRED Money is part of the startup's broader strategy to enhance its portfolio, following the recent acquisition of Kuvera. Source: Techcrunch
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- US President Joe Biden announced he is stepping down from the presidential race, emphasizing the need for younger voices to unite the nation. - Biden highlighted that his decision is in defense of democracy, urging voters to protect the country's democratic values. - He endorsed Vice President Kamala Harris as his successor, praising her experience and capability to face Donald Trump in the upcoming election. - Biden's withdrawal followed a poor debate performance and pressure from Democratic heavyweights, including Barack Obama and Nancy Pelosi. - Despite stepping down, Biden promised to complete his term with a focus on ending the war in Gaza, supporting Ukraine, and pushing for Supreme Court reform. Source: Financial Times, India Times
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- Apple announced on Wednesday that Apple Maps is now available on the web via a public beta, accessible directly from your browser. - The launch puts Apple Maps in direct competition with Google Maps, which has long dominated the web mapping space. - The web version of Apple Maps is currently available in English and works on Safari and Chrome on Mac and iPad, as well as Chrome and Edge on Windows PCs. - Apple plans to add support for more languages, browsers, and platforms, along with additional features like the 360-degree panoramic 'Look Around' view. - Developers can link to Apple Maps on the web, allowing users to get driving directions and detailed place information, expanding Apple Maps' reach 12 years after its initial iPhone launch. Source: Techcrunch
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- India plans to release a discussion paper on its cryptocurrency policy before September, aiming to gather feedback from stakeholders on regulatory ideas. - Economic Affairs Secretary Ajay Seth emphasized that current crypto regulations in India focus on anti-money laundering (AML) and counter-terror financing (CTF) measures. - The discussion paper will explore whether the regulatory remit should be expanded and will include input from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi). - The move follows the G20's endorsement of guidelines from the IMF and FSB, which caution against a blanket ban on crypto activities. - India's previous attempts to regulate cryptocurrencies have faced challenges, including a Supreme Court ruling that overturned a 2018 ban on crypto dealings by financial intermediaries. Source: Moneycontrol
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- Ola Electric, led by Bhavish Aggarwal and backed by Softbank, is preparing to launch its IPO in the first half of August. - This IPO will be the first by an Indian EV two-wheeler maker, marking a significant milestone for India's auto sector. - The company aims to raise around $740 million through a mix of fresh issue and offer for sale. - The targeted post-money valuation is between $4-4.25 billion, providing a lucrative opportunity for investors. - This move could encourage other EV companies like Ather Energy to explore similar value unlocking strategies. Source: Moneycontrol
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