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Happy Friday! The weekend is almost here but the news never stops! 💪🏼 Here we go: 𝟏. 𝐉𝐢𝐨, 𝐀𝐢𝐫𝐭𝐞𝐥 𝐥𝐚𝐮𝐧𝐜𝐡𝐢𝐧𝐠 𝐭𝐡𝐞𝐢𝐫 𝐨𝐰𝐧 𝐬𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞𝐬 𝐢𝐧𝐭𝐨 𝐬𝐩𝐚𝐜𝐞 🛰️ In a move that's set to shake up India's telecom landscape, Reliance's Jio Platforms has secured the green light to launch its own satellites. This cosmic clearance paves the way for Jio's joint venture with Luxembourg's SES to beam high-speed internet from the heavens. But Jio isn't the only one with its eyes on the skies. Bharti Airtel, through its partnership with OneWeb, is also gearing up to enter the satellite broadband race. And with global tech titans like Amazon and Elon Musk's Starlink also eyeing the Indian market, the stage is set for a celestial showdown. The Stakes: - India's satellite broadband market projected to hit $1.9 billion by 2030 - Government pushing to boost connectivity, especially in remote areas - Increased competition expected to drive innovation and lower prices for consumers - Strategic significance as India aims to bolster its space industry and geopolitical clout For Jio, this regulatory nod is a major boost. With SES by its side, the company is well-positioned to tap into the projected growth and potentially dominate the market. But with Airtel and the global tech giants also in the mix, Jio will have to navigate a complex cosmic landscape to come out on top. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙏𝙝𝙚 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙖𝙥𝙥𝙧𝙤𝙫𝙖𝙡 𝙛𝙤𝙧 𝙅𝙞𝙤'𝙨 𝙨𝙖𝙩𝙚𝙡𝙡𝙞𝙩𝙚 𝙫𝙚𝙣𝙩𝙪𝙧𝙚, 𝙖𝙡𝙤𝙣𝙜𝙨𝙞𝙙𝙚 𝙩𝙝𝙚 𝙚𝙣𝙩𝙧𝙮 𝙤𝙛 𝘼𝙞𝙧𝙩𝙚𝙡 𝙖𝙣𝙙 𝙜𝙡𝙤𝙗𝙖𝙡 𝙩𝙚𝙘𝙝 𝙜𝙞𝙖𝙣𝙩𝙨, 𝙘𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖 𝙜𝙖𝙢𝙚-𝙘𝙝𝙖𝙣𝙜𝙚𝙧 𝙛𝙤𝙧 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙩𝙚𝙡𝙚𝙘𝙤𝙢 𝙨𝙚𝙘𝙩𝙤𝙧. 𝙒𝙞𝙩𝙝 𝙩𝙝𝙚 𝙨𝙖𝙩𝙚𝙡𝙡𝙞𝙩𝙚 𝙗𝙧𝙤𝙖𝙙𝙗𝙖𝙣𝙙 𝙢𝙖𝙧𝙠𝙚𝙩 𝙚𝙭𝙥𝙚𝙘𝙩𝙚𝙙 𝙩𝙤 𝙧𝙚𝙖𝙘𝙝 $1.9 𝙗𝙞𝙡𝙡𝙞𝙤𝙣 𝙗𝙮 2030, 𝙩𝙝𝙞𝙨 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙙 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙤𝙣 𝙢𝙖𝙮 𝙙𝙧𝙞𝙫𝙚 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙞𝙢𝙥𝙧𝙤𝙫𝙚 𝙘𝙤𝙣𝙣𝙚𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙛𝙤𝙧 𝙪𝙣𝙙𝙚𝙧𝙨𝙚𝙧𝙫𝙚𝙙 𝙧𝙚𝙜𝙞𝙤𝙣𝙨. 𝙈𝙤𝙧𝙚𝙤𝙫𝙚𝙧, 𝙩𝙝𝙚 𝙜𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩'𝙨 𝙥𝙪𝙨𝙝 𝙩𝙤 𝙖𝙩𝙩𝙧𝙖𝙘𝙩 𝙛𝙤𝙧𝙚𝙞𝙜𝙣 𝙞𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙨𝙥𝙖𝙘𝙚 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙖𝙙𝙙𝙨 𝙖 𝙜𝙚𝙤𝙥𝙤𝙡𝙞𝙩𝙞𝙘𝙖𝙡 𝙙𝙞𝙢𝙚𝙣𝙨𝙞𝙤𝙣 𝙩𝙤 𝙩𝙝𝙞𝙨 𝙧𝙖𝙘𝙚. 𝘼𝙨 𝙩𝙝𝙚𝙨𝙚 𝙥𝙡𝙖𝙮𝙚𝙧𝙨 𝙗𝙖𝙩𝙩𝙡𝙚 𝙛𝙤𝙧 𝙢𝙖𝙧𝙠𝙚𝙩 𝙨𝙝𝙖𝙧𝙚, 𝙩𝙝𝙚 𝙪𝙡𝙩𝙞𝙢𝙖𝙩𝙚 𝙬𝙞𝙣𝙣𝙚𝙧𝙨 𝙘𝙤𝙪𝙡𝙙 𝙗𝙚 𝙩𝙝𝙚 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧𝙨 𝙬𝙝𝙤 𝙨𝙩𝙖𝙣𝙙 𝙩𝙤 𝙗𝙚𝙣𝙚𝙛𝙞𝙩 𝙛𝙧𝙤𝙢 𝙗𝙚𝙩𝙩𝙚𝙧 𝙨𝙚𝙧𝙫𝙞𝙘𝙚𝙨 𝙖𝙣𝙙 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙫𝙚 𝙥𝙧𝙞𝙘𝙚𝙨. 🛰️📡 Source: Reuters - https://tinyurl.com/34xt8h5s 𝟐. 𝐍𝐄𝐄𝐓 𝟐𝟎𝟐𝟒 𝐅𝐢𝐚𝐬𝐜𝐨: 𝐀𝐥𝐚𝐤𝐡 𝐏𝐚𝐧𝐝𝐞𝐲 𝐯/𝐬 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐀𝐠𝐞𝐧𝐜𝐲 The National Eligibility-cum-Entrance Test (NEET) UG 2024 exam has been marred by controversy, with allegations of paper leaks, misconduct, and unfair means. Here's a concise overview of the key issues and developments: Key Issues - Grace Marks: 1563 students received grace marks due to alleged time loss, sparking concerns about fairness. - Increase in Toppers: 67 candidates achieved perfect scores, raising doubts about the exam's integrity. - Paper Leak Allegations: The NTA denied any evidence of a paper leak, but 13 persons were detained in Bihar on suspicion. NTA's Response - Press Conference: The NTA Secretary explained the normalisation formula and average marks, but failed to address concerns. - High Performing Committee: The NTA formed a committee to review allegations, but its findings are yet to be released. Alakh Pandey's Efforts - PIL in Supreme Court: Alakh Pandey, founder of PhysicsWallah, filed a PIL seeking a probe into the NEET UG 2024 exam controversy. - Legal Notice: Pandey plans to send a legal notice to the NTA to address concerns and irregularities in the exam results. In the latest development signalling a win for Alakh Pandey, NTA cancelled the grace marks awarded to 1,563 candidates and re-test has been offered. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙏𝙝𝙚 𝙉𝙀𝙀𝙏 2024 𝙘𝙤𝙣𝙩𝙧𝙤𝙫𝙚𝙧𝙨𝙮 𝙖𝙣𝙙 𝘼𝙡𝙖𝙠𝙝 𝙋𝙖𝙣𝙙𝙚𝙮'𝙨 𝙡𝙚𝙜𝙖𝙡 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙚 𝙪𝙣𝙙𝙚𝙧𝙨𝙘𝙤𝙧𝙚 𝙩𝙝𝙚 𝙜𝙧𝙤𝙬𝙞𝙣𝙜 𝙞𝙣𝙛𝙡𝙪𝙚𝙣𝙘𝙚 𝙤𝙛 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙚𝙙𝙩𝙚𝙘𝙝 𝙨𝙩𝙖𝙧𝙩𝙪𝙥𝙨 𝙞𝙣 𝙝𝙤𝙡𝙙𝙞𝙣𝙜 𝙚𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙞𝙣𝙨𝙩𝙞𝙩𝙪𝙩𝙞𝙤𝙣𝙨 𝙖𝙘𝙘𝙤𝙪𝙣𝙩𝙖𝙗𝙡𝙚. 𝘼𝙨 𝙩𝙝𝙚𝙨𝙚 𝙥𝙡𝙖𝙩𝙛𝙤𝙧𝙢𝙨 𝙗𝙚𝙘𝙤𝙢𝙚 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜𝙡𝙮 𝙞𝙣𝙩𝙚𝙜𝙧𝙖𝙡 𝙩𝙤 𝙨𝙩𝙪𝙙𝙚𝙣𝙩𝙨' 𝙡𝙚𝙖𝙧𝙣𝙞𝙣𝙜 𝙟𝙤𝙪𝙧𝙣𝙚𝙮𝙨, 𝙩𝙝𝙚𝙮 𝙖𝙧𝙚 𝙖𝙡𝙨𝙤 𝙚𝙢𝙚𝙧𝙜𝙞𝙣𝙜 𝙖𝙨 𝙥𝙤𝙬𝙚𝙧𝙛𝙪𝙡 𝙖𝙙𝙫𝙤𝙘𝙖𝙩𝙚𝙨 𝙛𝙤𝙧 𝙩𝙧𝙖𝙣𝙨𝙥𝙖𝙧𝙚𝙣𝙘𝙮 𝙖𝙣𝙙 𝙛𝙖𝙞𝙧𝙣𝙚𝙨𝙨. 𝙋𝙖𝙣𝙙𝙚𝙮'𝙨 𝙚𝙛𝙛𝙤𝙧𝙩𝙨 𝙙𝙚𝙢𝙤𝙣𝙨𝙩𝙧𝙖𝙩𝙚 𝙝𝙤𝙬 𝙨𝙩𝙖𝙧𝙩𝙪𝙥𝙨 𝙘𝙖𝙣 𝙡𝙚𝙫𝙚𝙧𝙖𝙜𝙚 𝙩𝙝𝙚𝙞𝙧 𝙧𝙚𝙖𝙘𝙝 𝙖𝙣𝙙 𝙧𝙚𝙨𝙤𝙪𝙧𝙘𝙚𝙨 𝙩𝙤 𝙙𝙧𝙞𝙫𝙚 𝙨𝙮𝙨𝙩𝙚𝙢𝙞𝙘 𝙘𝙝𝙖𝙣𝙜𝙚, 𝙚𝙫𝙚𝙣 𝙞𝙣 𝙩𝙝𝙚 𝙛𝙖𝙘𝙚 𝙤𝙛 𝙚𝙣𝙩𝙧𝙚𝙣𝙘𝙝𝙚𝙙 𝙗𝙪𝙧𝙚𝙖𝙪𝙘𝙧𝙖𝙘𝙮. 𝙏𝙝𝙞𝙨 𝙘𝙖𝙨𝙚 𝙘𝙤𝙪𝙡𝙙 𝙨𝙚𝙩 𝙖 𝙥𝙧𝙚𝙘𝙚𝙙𝙚𝙣𝙩 𝙛𝙤𝙧 𝙝𝙤𝙬 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙨𝙩𝙖𝙧𝙩𝙪𝙥 𝙚𝙘𝙤𝙨𝙮𝙨𝙩𝙚𝙢 𝙘𝙖𝙣 𝙨𝙝𝙖𝙥𝙚 𝙩𝙝𝙚 𝙛𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙚𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣, 𝙣𝙤𝙩 𝙟𝙪𝙨𝙩 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣, 𝙗𝙪𝙩 𝙖𝙡𝙨𝙤 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙖𝙘𝙩𝙞𝙫𝙞𝙨𝙢. 📢🔍 Source: Business Standard - https://tinyurl.com/bddx8hvm 𝟑. 𝐄𝐭𝐡𝐞𝐫𝐞𝐚𝐥 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐬 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟏𝟑𝐌 𝐢𝐧 𝐒𝐞𝐫𝐢𝐞𝐬 𝐀 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 𝐏𝐞𝐚𝐤 𝐗𝐕, 𝐒𝐭𝐞𝐚𝐝𝐯𝐢𝐞𝐰 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 Ethereal Machines manufactures advanced multi-axis computer numerical control (CNC) machines, which are used to produce precision engineering components in a fast and cost-effective manner. CNC technology allows for the automated control of machine tools like mills, lathes, and grinders using computer programming. This enables the creation of highly complex parts with sub-10 micron accuracy, which is critical for industries like aerospace, healthcare, and consumer electronics. Ethereal Machines' focus on developing India's domestic CNC capabilities is significant, as it aims to reduce the country's reliance on imported precision manufacturing equipment. By building advanced "Smart Factory" facilities, the startup is positioning itself to be a key driver of India's push for greater self-reliance and global competitiveness in the manufacturing sector. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙀𝙩𝙝𝙚𝙧𝙚𝙖𝙡 𝙈𝙖𝙘𝙝𝙞𝙣𝙚𝙨' $13𝙈 𝙎𝙚𝙧𝙞𝙚𝙨 𝘼 𝙛𝙪𝙣𝙙𝙞𝙣𝙜 𝙞𝙨 𝙖 𝙩𝙚𝙨𝙩𝙖𝙢𝙚𝙣𝙩 𝙩𝙤 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙜𝙧𝙤𝙬𝙞𝙣𝙜 𝙥𝙧𝙤𝙬𝙚𝙨𝙨 𝙞𝙣 𝙖𝙙𝙫𝙖𝙣𝙘𝙚𝙙 𝙝𝙖𝙧𝙙𝙬𝙖𝙧𝙚 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜. 𝘽𝙮 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙞𝙣𝙜 𝙘𝙪𝙩𝙩𝙞𝙣𝙜-𝙚𝙙𝙜𝙚 𝘾𝙉𝘾 𝙢𝙖𝙘𝙝𝙞𝙣𝙚𝙨 𝙙𝙤𝙢𝙚𝙨𝙩𝙞𝙘𝙖𝙡𝙡𝙮, 𝙨𝙩𝙖𝙧𝙩𝙪𝙥𝙨 𝙡𝙞𝙠𝙚 𝙀𝙩𝙝𝙚𝙧𝙚𝙖𝙡 𝙈𝙖𝙘𝙝𝙞𝙣𝙚𝙨 𝙖𝙧𝙚 𝙝𝙚𝙡𝙥𝙞𝙣𝙜 𝙩𝙤 𝙥𝙤𝙨𝙞𝙩𝙞𝙤𝙣 𝙄𝙣𝙙𝙞𝙖 𝙖𝙨 𝙖 𝙜𝙡𝙤𝙗𝙖𝙡 𝙝𝙪𝙗 𝙛𝙤𝙧 𝙥𝙧𝙚𝙘𝙞𝙨𝙞𝙤𝙣 𝙚𝙣𝙜𝙞𝙣𝙚𝙚𝙧𝙞𝙣𝙜. 𝙏𝙝𝙞𝙨 𝙣𝙤𝙩 𝙤𝙣𝙡𝙮 𝙧𝙚𝙙𝙪𝙘𝙚𝙨 𝙩𝙝𝙚 𝙘𝙤𝙪𝙣𝙩𝙧𝙮'𝙨 𝙧𝙚𝙡𝙞𝙖𝙣𝙘𝙚 𝙤𝙣 𝙞𝙢𝙥𝙤𝙧𝙩𝙨 𝙗𝙪𝙩 𝙖𝙡𝙨𝙤 𝙨𝙝𝙤𝙬𝙘𝙖𝙨𝙚𝙨 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙩𝙤 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙚 𝙖𝙣𝙙 𝙘𝙤𝙢𝙥𝙚𝙩𝙚 𝙤𝙣 𝙩𝙝𝙚 𝙬𝙤𝙧𝙡𝙙 𝙨𝙩𝙖𝙜𝙚. 𝘼𝙨 𝙢𝙤𝙧𝙚 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙗𝙖𝙘𝙠 𝙝𝙤𝙢𝙚𝙜𝙧𝙤𝙬𝙣 𝙝𝙖𝙧𝙙𝙬𝙖𝙧𝙚 𝙨𝙩𝙖𝙧𝙩𝙪𝙥𝙨, 𝙞𝙩 𝙘𝙤𝙪𝙡𝙙 𝙘𝙖𝙩𝙖𝙡𝙮𝙯𝙚 𝙖 𝙣𝙚𝙬 𝙚𝙧𝙖 𝙤𝙛 "𝙈𝙖𝙠𝙚 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖" 𝙩𝙝𝙖𝙩 𝙜𝙤𝙚𝙨 𝙗𝙚𝙮𝙤𝙣𝙙 𝙨𝙞𝙢𝙥𝙡𝙚 𝙖𝙨𝙨𝙚𝙢𝙗𝙡𝙮 𝙩𝙤 𝙘𝙧𝙚𝙖𝙩𝙞𝙣𝙜 𝙩𝙧𝙪𝙡𝙮 𝙬𝙤𝙧𝙡𝙙-𝙘𝙡𝙖𝙨𝙨 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 🇮🇳🏭 Source: YourStory - https://tinyurl.com/5ex637js 𝟒. 𝐓𝐡𝐞 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐞𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦’𝐬 𝐡𝐢𝐠𝐡 𝐡𝐨𝐩𝐞 𝐨𝐧 𝐌𝐨𝐝𝐢 𝟑.𝟎 - 𝐌𝐨𝐝𝐢 𝐡𝐚𝐢 𝐭𝐨𝐡 𝐦𝐮𝐦𝐤𝐢𝐦 𝐡𝐚𝐢? The Modi government's third term is widely anticipated to be a boon for India's burgeoning startup ecosystem. The startup community has pinned high hopes on the new administration, expecting a slew of favorable policies and initiatives that could turbocharge entrepreneurial growth. The key expectations? - Angel tax removal: Startups and VCs hope the new government will repeal the controversial angel tax, which has stifled early-stage funding. - Funding boost: The government is expected to set up a ₹50,000 crore startup fund to provide a much-needed capital injection. - Expansion of incubator network: Plans to work with the private sector to expand incubators and link them to universities, fostering entrepreneurship. - Easing regulations: Simplifying compliance and making it easier for startups to operate, especially in new sectors. - Focus on manufacturing: The government is likely to prioritize startups in areas like defense, drones, EVs and clean energy to drive job creation. - Digital ecosystem support: Addressing challenges around interoperability, cybersecurity and the digital divide to empower fintechs and digital innovation. Overall, the startup community is cautiously optimistic that the Modi 3.0 government will usher in a more conducive policy environment and funding landscape to accelerate India's entrepreneurial growth and cement its position as a global startup hub. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙏𝙝𝙚 𝙨𝙩𝙖𝙧𝙩𝙪𝙥 𝙘𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮'𝙨 𝙝𝙞𝙜𝙝 𝙝𝙤𝙥𝙚𝙨 𝙛𝙤𝙧 𝙈𝙤𝙙𝙞 3.0 𝙖𝙧𝙚 𝙣𝙤𝙩 𝙟𝙪𝙨𝙩 𝙬𝙞𝙨𝙝𝙛𝙪𝙡 𝙩𝙝𝙞𝙣𝙠𝙞𝙣𝙜; 𝙩𝙝𝙚𝙮 𝙖𝙧𝙚 𝙖 𝙧𝙚𝙛𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙤𝙛 𝙩𝙝𝙚 𝙜𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩'𝙨 𝙥𝙤𝙩𝙚𝙣𝙩𝙞𝙖𝙡 𝙩𝙤 𝙢𝙖𝙠𝙚 𝙤𝙧 𝙗𝙧𝙚𝙖𝙠 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙚𝙣𝙩𝙧𝙚𝙥𝙧𝙚𝙣𝙚𝙪𝙧𝙞𝙖𝙡 𝙖𝙢𝙗𝙞𝙩𝙞𝙤𝙣𝙨. 𝘽𝙮 𝙙𝙚𝙘𝙞𝙨𝙞𝙫𝙚𝙡𝙮 𝙖𝙙𝙙𝙧𝙚𝙨𝙨𝙞𝙣𝙜 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙗𝙤𝙩𝙩𝙡𝙚𝙣𝙚𝙘𝙠𝙨, 𝙛𝙪𝙣𝙙𝙞𝙣𝙜 𝙜𝙖𝙥𝙨, 𝙖𝙣𝙙 𝙞𝙣𝙛𝙧𝙖𝙨𝙩𝙧𝙪𝙘𝙩𝙪𝙧𝙚 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙚𝙨, 𝙩𝙝𝙚 𝙣𝙚𝙬 𝙖𝙙𝙢𝙞𝙣𝙞𝙨𝙩𝙧𝙖𝙩𝙞𝙤𝙣 𝙝𝙖𝙨 𝙩𝙝𝙚 𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙩𝙤 𝙪𝙣𝙡𝙚𝙖𝙨𝙝 𝙖 𝙣𝙚𝙬 𝙚𝙧𝙖 𝙤𝙛 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙟𝙤𝙗 𝙘𝙧𝙚𝙖𝙩𝙞𝙤𝙣. 𝙃𝙤𝙬𝙚𝙫𝙚𝙧, 𝙩𝙝𝙚 𝙧𝙚𝙖𝙡 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣 𝙞𝙨 𝙣𝙤𝙩 𝙬𝙝𝙖𝙩 𝙩𝙝𝙚 𝙜𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩 𝙥𝙧𝙤𝙢𝙞𝙨𝙚𝙨, 𝙗𝙪𝙩 𝙬𝙝𝙖𝙩 𝙞𝙩 𝙙𝙚𝙡𝙞𝙫𝙚𝙧𝙨. 𝙏𝙝𝙚 𝙥𝙧𝙤𝙤𝙛 𝙤𝙛 𝙈𝙤𝙙𝙞 3.0'𝙨 𝙘𝙤𝙢𝙢𝙞𝙩𝙢𝙚𝙣𝙩 𝙩𝙤 𝙨𝙩𝙖𝙧𝙩𝙪𝙥𝙨 𝙬𝙞𝙡𝙡 𝙗𝙚 𝙞𝙣 𝙩𝙝𝙚 𝙥𝙖𝙘𝙚 𝙖𝙣𝙙 𝙚𝙛𝙛𝙚𝙘𝙩𝙞𝙫𝙚𝙣𝙚𝙨𝙨 𝙤𝙛 𝙞𝙩𝙨 𝙥𝙤𝙡𝙞𝙘𝙮 𝙞𝙢𝙥𝙡𝙚𝙢𝙚𝙣𝙩𝙖𝙩𝙞𝙤𝙣. 🔥🇮🇳 𝟓. 𝐒𝐨𝐮𝐭𝐡 𝐏𝐚𝐫𝐤 𝐂𝐨𝐦𝐦𝐨𝐧𝐬 𝐭𝐨 𝐧𝐨𝐰 𝐂𝐮𝐛𝐛𝐨𝐧 𝐏𝐚𝐫𝐤 𝐂𝐨𝐦𝐦𝐨𝐧𝐬 🚀 South Park Commons (SPC), the San Francisco-based early-stage VC firm, is setting up shop in the heart of India's tech scene: Bengaluru. And they're not coming alone. Flipkart co-founder Binny Bansal is joining forces with SPC as both an investor and mentor for their Indian odyssey. The Mission: - Back bold AI startups leveraging India's deep tech talent pool - Bring together a community of top technical minds to turn ideas into ventures - Support founders from the very beginning ("-1 to 0" philosophy) - Foster stronger ties between Indian and US startup ecosystems With Bansal's entrepreneurial acumen and xto10x experience, SPC is poised to identify and nurture India's most promising tech seedlings. Bengaluru, with its thriving startup scene and concentration of technical expertise, is the perfect soil for SPC's unique "community-driven" approach to venture building. But SPC's ambitions go beyond just writing checks. They aim to cultivate a rich cross-pollination of ideas and talent between India and the US, positioning India as a global tech powerhouse in the making. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝘽𝙖𝙣𝙨𝙖𝙡'𝙨 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙖𝙨 𝙖 𝙨𝙪𝙘𝙘𝙚𝙨𝙨𝙛𝙪𝙡 𝙚𝙣𝙩𝙧𝙚𝙥𝙧𝙚𝙣𝙚𝙪𝙧 𝙖𝙣𝙙 𝙛𝙤𝙪𝙣𝙙𝙚𝙧 𝙤𝙛 𝙭𝙩𝙤10𝙭 𝙢𝙖𝙠𝙚𝙨 𝙝𝙞𝙢 𝙖𝙣 𝙞𝙙𝙚𝙖𝙡 𝙥𝙖𝙧𝙩𝙣𝙚𝙧 𝙩𝙤 𝙝𝙚𝙡𝙥 𝙎𝙋𝘾 𝙞𝙙𝙚𝙣𝙩𝙞𝙛𝙮 𝙖𝙣𝙙 𝙨𝙪𝙥𝙥𝙤𝙧𝙩 𝙥𝙧𝙤𝙢𝙞𝙨𝙞𝙣𝙜 𝙫𝙚𝙣𝙩𝙪𝙧𝙚𝙨 𝙛𝙧𝙤𝙢 𝙩𝙝𝙚𝙞𝙧 𝙚𝙖𝙧𝙡𝙞𝙚𝙨𝙩 𝙨𝙩𝙖𝙜𝙚𝙨. 𝘼𝙨 𝙢𝙤𝙧𝙚 𝙜𝙡𝙤𝙗𝙖𝙡 𝙑𝘾𝙨 𝙛𝙤𝙡𝙡𝙤𝙬 𝙨𝙪𝙞𝙩, 𝙄𝙣𝙙𝙞𝙖 𝙘𝙤𝙪𝙡𝙙 𝙗𝙚𝙘𝙤𝙢𝙚 𝙩𝙝𝙚 𝙜𝙤-𝙩𝙤 𝙥𝙡𝙖𝙘𝙚 𝙛𝙤𝙧 𝙩𝙪𝙧𝙣𝙞𝙣𝙜 𝙖𝙢𝙗𝙞𝙩𝙞𝙤𝙪𝙨 𝙞𝙙𝙚𝙖𝙨 𝙞𝙣𝙩𝙤 𝙜𝙖𝙢𝙚-𝙘𝙝𝙖𝙣𝙜𝙞𝙣𝙜 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨. 𝙉𝙚𝙫𝙚𝙧 𝙖 𝙗𝙚𝙩𝙩𝙚𝙧 𝙩𝙞𝙢𝙚 𝙩𝙤 𝙨𝙩𝙖𝙧𝙩 𝙪𝙥 :) Source: YourStory - https://tinyurl.com/3w9b55ur 𝟔. 𝐁𝟐𝐁 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐓𝐫𝐚𝐦𝐩𝐨𝐥𝐢𝐧𝐞 𝐁𝐚𝐠𝐬 $𝟓 𝐌𝐧 𝐅𝐫𝐨𝐦 𝐌𝐚𝐭𝐫𝐢𝐱 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐈𝐧𝐝𝐢𝐚, 𝐎𝐭𝐡𝐞𝐫𝐬 🏚️ The B2B home decor startup Trampoline has raised $5 million in seed funding from Matrix Partners India and WaterBridge Ventures, with additional venture debt from Alteria Capital. The funding will help Trampoline enhance its supply chain, accelerate new product development, and grow its team. Trampoline aims to democratize design-led home decor by offering a full-stack experience from design to delivery, providing small retailers access to tools typically available only to large retailers. The startup plans to leverage the 'China Plus One' strategy and cater to rising demand for handmade, design-focused products by building strong supply chains in India and Southeast Asia. The home decor market in India is projected to grow significantly, with the online segment expected to reach $5.4 billion by 2025. Trampoline is entering a crowded but promising space, competing with startups like Nestasia, The Purple Turtles, and Livspace, which recently achieved unicorn status. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙏𝙧𝙖𝙢𝙥𝙤𝙡𝙞𝙣𝙚'𝙨 $5 𝙢𝙞𝙡𝙡𝙞𝙤𝙣 𝙨𝙚𝙚𝙙 𝙛𝙪𝙣𝙙𝙞𝙣𝙜 𝙞𝙨 𝙖 𝙩𝙚𝙨𝙩𝙖𝙢𝙚𝙣𝙩 𝙩𝙤 𝙩𝙝𝙚 𝙜𝙧𝙤𝙬𝙞𝙣𝙜 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧 𝙘𝙤𝙣𝙛𝙞𝙙𝙚𝙣𝙘𝙚 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙗𝙪𝙧𝙜𝙚𝙤𝙣𝙞𝙣𝙜 𝙝𝙤𝙢𝙚 𝙙𝙚𝙘𝙤𝙧 𝙢𝙖𝙧𝙠𝙚𝙩, 𝙬𝙝𝙞𝙘𝙝 𝙞𝙨 𝙚𝙭𝙥𝙚𝙘𝙩𝙚𝙙 𝙩𝙤 𝙧𝙚𝙖𝙘𝙝 $5.4 𝙗𝙞𝙡𝙡𝙞𝙤𝙣 𝙗𝙮 2025. 𝘼𝙨 𝙩𝙝𝙚 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙨𝙝𝙞𝙛𝙩𝙨 𝙩𝙤𝙬𝙖𝙧𝙙𝙨 𝙤𝙣𝙡𝙞𝙣𝙚 𝙨𝙖𝙡𝙚𝙨 𝙖𝙣𝙙 𝙙𝙚𝙨𝙞𝙜𝙣-𝙛𝙤𝙘𝙪𝙨𝙚𝙙 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨, 𝙨𝙩𝙖𝙧𝙩𝙪𝙥𝙨 𝙡𝙞𝙠𝙚 𝙏𝙧𝙖𝙢𝙥𝙤𝙡𝙞𝙣𝙚, 𝙉𝙚𝙨𝙩𝙖𝙨𝙞𝙖, 𝙖𝙣𝙙 𝙇𝙞𝙫𝙨𝙥𝙖𝙘𝙚 𝙖𝙧𝙚 𝙫𝙮𝙞𝙣𝙜 𝙩𝙤 𝙘𝙖𝙥𝙞𝙩𝙖𝙡𝙞𝙯𝙚 𝙤𝙣 𝙩𝙝𝙞𝙨 𝙩𝙧𝙚𝙣𝙙. 𝘼𝙨 𝙩𝙝𝙚 𝙗𝙖𝙩𝙩𝙡𝙚 𝙛𝙤𝙧 𝙢𝙖𝙧𝙠𝙚𝙩 𝙨𝙝𝙖𝙧𝙚 𝙞𝙣𝙩𝙚𝙣𝙨𝙞𝙛𝙞𝙚𝙨, 𝙩𝙝𝙚 𝙨𝙪𝙘𝙘𝙚𝙨𝙨 𝙤𝙛 𝙩𝙝𝙚𝙨𝙚 𝙫𝙚𝙣𝙩𝙪𝙧𝙚𝙨 𝙘𝙤𝙪𝙡𝙙 𝙧𝙚𝙙𝙚𝙛𝙞𝙣𝙚 𝙩𝙝𝙚 𝙫𝙚𝙧𝙮 𝙚𝙨𝙨𝙚𝙣𝙘𝙚 𝙤𝙛 𝙝𝙤𝙢𝙚 𝙙𝙚𝙘𝙤𝙧 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖, 𝙩𝙧𝙖𝙣𝙨𝙛𝙤𝙧𝙢𝙞𝙣𝙜 𝙞𝙩 𝙛𝙧𝙤𝙢 𝙖 𝙢𝙚𝙧𝙚 𝙥𝙧𝙤𝙙𝙪𝙘𝙩 𝙘𝙖𝙩𝙚𝙜𝙤𝙧𝙮 𝙩𝙤 𝙖 𝙧𝙚𝙛𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙤𝙛 𝙚𝙫𝙤𝙡𝙫𝙞𝙣𝙜 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧 𝙖𝙨𝙥𝙞𝙧𝙖𝙩𝙞𝙤𝙣𝙨 𝙖𝙣𝙙 𝙫𝙖𝙡𝙪𝙚𝙨. 🇮🇳🏠 Source: Inc42 - https://tinyurl.com/87a5ttfk 𝟕. 𝐅𝐨𝐫𝐜𝐞𝐝 𝐎𝐫 𝐍𝐨𝐭? 𝐏𝐚𝐲𝐭𝐦 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 𝐂𝐫𝐲 𝐅𝐨𝐮𝐥 𝐎𝐯𝐞𝐫 𝐋𝐚𝐲𝐨𝐟𝐟 𝐏𝐫𝐨𝐜𝐞𝐬𝐬, 𝐀𝐥𝐥𝐞𝐠𝐞 𝐇𝐚𝐫𝐚𝐬𝐬𝐦𝐞𝐧𝐭 Paytm, the once-shining star of India's tech scene, is now facing a storm of allegations from its own employees. As the company navigates a rocky restructuring, workers claim they're being pressured to jump ship voluntarily, rather than being given the lifeboats of severance and promised bonuses. The Allegations: - HR team pressuring employees to resign voluntarily - Threats of disciplinary action, including "termination with cause", for those who refuse - Some employees report not receiving promised bonuses - Paytm denies allegations, claiming "fairness and transparency" Beneath the surface, this scandal is a symptom of a deeper malaise. As Paytm grapples with regulatory headwinds and investor pressure, it's resorting to cost-cutting measures that may save the bottom line in the short term, but could erode employee trust and morale in the long run. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙏𝙝𝙚 𝙖𝙡𝙡𝙚𝙜𝙖𝙩𝙞𝙤𝙣𝙨 𝙨𝙪𝙧𝙧𝙤𝙪𝙣𝙙𝙞𝙣𝙜 𝙋𝙖𝙮𝙩𝙢'𝙨 𝙡𝙖𝙮𝙤𝙛𝙛𝙨 𝙖𝙧𝙚 𝙖 𝙨𝙮𝙢𝙥𝙩𝙤𝙢 𝙤𝙛 𝙖 𝙡𝙖𝙧𝙜𝙚𝙧 𝙞𝙨𝙨𝙪𝙚 – 𝙩𝙝𝙚 𝙙𝙚𝙡𝙞𝙘𝙖𝙩𝙚 𝙗𝙖𝙡𝙖𝙣𝙘𝙞𝙣𝙜 𝙖𝙘𝙩 𝙗𝙚𝙩𝙬𝙚𝙚𝙣 𝙨𝙝𝙤𝙧𝙩-𝙩𝙚𝙧𝙢 𝙥𝙧𝙤𝙛𝙞𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙖𝙣𝙙 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙜𝙧𝙤𝙬𝙩𝙝 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙩𝙚𝙘𝙝 𝙨𝙚𝙘𝙩𝙤𝙧. 𝘼𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙡𝙞𝙠𝙚 𝙋𝙖𝙮𝙩𝙢 𝙛𝙖𝙘𝙚 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 𝙥𝙧𝙚𝙨𝙨𝙪𝙧𝙚 𝙛𝙧𝙤𝙢 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙖𝙣𝙙 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙚𝙨, 𝙩𝙝𝙚𝙮 𝙖𝙧𝙚 𝙛𝙤𝙧𝙘𝙚𝙙 𝙩𝙤 𝙢𝙖𝙠𝙚 𝙩𝙤𝙪𝙜𝙝 𝙘𝙝𝙤𝙞𝙘𝙚𝙨 𝙩𝙤 𝙨𝙩𝙖𝙮 𝙖𝙛𝙡𝙤𝙖𝙩. 𝙃𝙤𝙬𝙚𝙫𝙚𝙧, 𝙞𝙛 𝙩𝙝𝙚𝙨𝙚 𝙘𝙤𝙨𝙩-𝙘𝙪𝙩𝙩𝙞𝙣𝙜 𝙢𝙚𝙖𝙨𝙪𝙧𝙚𝙨 𝙘𝙤𝙢𝙚 𝙖𝙩 𝙩𝙝𝙚 𝙚𝙭𝙥𝙚𝙣𝙨𝙚 𝙤𝙛 𝙚𝙢𝙥𝙡𝙤𝙮𝙚𝙚 𝙩𝙧𝙪𝙨𝙩 𝙖𝙣𝙙 𝙬𝙚𝙡𝙡-𝙗𝙚𝙞𝙣𝙜, 𝙩𝙝𝙚𝙮 𝙘𝙤𝙪𝙡𝙙 𝙪𝙡𝙩𝙞𝙢𝙖𝙩𝙚𝙡𝙮 𝙪𝙣𝙙𝙚𝙧𝙢𝙞𝙣𝙚 𝙩𝙝𝙚 𝙫𝙚𝙧𝙮 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙩𝙝𝙖𝙩 𝙙𝙧𝙞𝙫𝙚𝙨 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙜𝙧𝙤𝙬𝙩𝙝. 𝘼𝙨 𝙩𝙝𝙚 𝙘𝙤𝙪𝙣𝙩𝙧𝙮 𝙣𝙖𝙫𝙞𝙜𝙖𝙩𝙚𝙨 𝙩𝙝𝙚 𝙥𝙤𝙨𝙩-𝙥𝙖𝙣𝙙𝙚𝙢𝙞𝙘 𝙧𝙚𝙘𝙤𝙫𝙚𝙧𝙮, 𝙞𝙩 𝙞𝙨 𝙘𝙧𝙪𝙘𝙞𝙖𝙡 𝙩𝙝𝙖𝙩 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙛𝙞𝙣𝙙 𝙬𝙖𝙮𝙨 𝙩𝙤 𝙖𝙙𝙖𝙥𝙩 𝙖𝙣𝙙 𝙩𝙝𝙧𝙞𝙫𝙚 𝙬𝙞𝙩𝙝𝙤𝙪𝙩 𝙨𝙖𝙘𝙧𝙞𝙛𝙞𝙘𝙞𝙣𝙜 𝙩𝙝𝙚 𝙝𝙪𝙢𝙖𝙣 𝙘𝙖𝙥𝙞𝙩𝙖𝙡 𝙩𝙝𝙖𝙩 𝙥𝙤𝙬𝙚𝙧𝙨 𝙩𝙝𝙚𝙞𝙧 𝙨𝙪𝙘𝙘𝙚𝙨𝙨. 📉💼 Source: Inc42 - https://tinyurl.com/ys353jw9 -- Well, that's the roundup for today, have a great Friday and weekend! 🍻

I was suffering from 2-3 mild health issues in metro. (prolonged cold n cough, regular sneezing etc) Came home 🏡 in diwali and now extended wfh due to health gain. Living with parents and consuming clean air + food is helping improve my sleep quality as well ❤️‍🩹 (2h+ deep sleep) 8h continuous sleep. I did cost benifit analysis and have decided to work on a plan which will eventually help me settle down at my birthplace within 2-5y. synopsis -- Children's play under sun 🌞 and have group of 10 kids. They ain't worried about anything. Their happiness index > ceos. They don't know about masturbation till 10th or age 14 if they don't have a smartphone. My workplace is open and aqi is below 10. Strong peepal and banyan trees 🌴 even 100y old. When I feel stressed due to any reason I just go to see sunset near my place hardly 2km away. It's a stress buster with earbuds in and watching migrant birds crossing river. Ain't those birds more free and independent than us? Like they don't give a damn 🕊️ about future and enjoy the present. Very less car and almost 0 traffic ⛔. People still use bicycles and cycle repair shop>garages. Life is slow and peaceful. People go to sleep at 9-10pm and wake up at 5-6am. Life is too easy. Cost of a family with 2acre land is hardly 25k/m here. Sometimes I wonder why chase 2 lac/month sacrificing so much in a so called developed city. Society is ambivert. Pizza 🍕 🍔 burger biryani is trying to enter these areas. But I don't miss swiggy. Zeptonis redundant here. My 💳 credit card is lying there thinking why am not swiping it... यहाँ कोई मित्र नहीं है, कोई आश्वस्त चरित्न नहीं है, सब अर्धनिर्मित है। अर्धनिर्मित इमारतें हैं, अर्धनिर्मित बच्चों कि शरारतें हैं, अर्धनिर्मित ज़िन्दगी कि शर्ते हैं, अर्धनिर्मित जीवन पाने के लिए लोग रोज़ यहाँ मरते हैं। अर्धनिर्मित है यहाँ के प्रेमियों का प्यार, अर्धनिर्मित है यहाँ मनुष्यों के जीवन के आधार आज का दिन अर्धनिर्मित

Good morning! Too much has happened in the last 24 hours, we’re going double the size of our 5 news a day quota - here we go: 𝐈𝐧𝐝𝐢𝐚 𝐓𝐞𝐜𝐡 🇮🇳 𝟏. 𝐆𝐫𝐨𝐰𝐰’𝐬 𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐁𝐚𝐬𝐞 𝐂𝐥𝐢𝐦𝐛𝐬 𝐎𝐯𝐞𝐫 𝟏𝐂𝐫 𝐈𝐧 𝐌𝐚𝐲 𝟐𝟎𝟐𝟒; 𝐙𝐞𝐫𝐨𝐝𝐡𝐚 𝐒𝐭𝐚𝐲𝐬 𝐒𝐞𝐜𝐨𝐧𝐝 The fintech platform Groww has seen a significant surge in its active investor base, crossing the 1Cr mark in May 2024. This represents a substantial market share of over 27%, cementing Groww's position as the leading investment platform in India. Groww's growth has outpaced its closest rival Zerodha, which has around 75 lakh active investors. However, Zerodha continues to generate higher revenues than Groww. The article highlights Groww's diversification beyond investments, with the addition of payments and lending services to its product suite. The fintech landscape in India remains highly competitive, with other players like Angel One, Upstox, and Paytm Money also reporting strong user growth. Groww's ability to maintain its momentum and expand its offerings will be crucial in determining its long-term dominance in the market. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙂𝙧𝙤𝙬𝙬'𝙨 1 𝙘𝙧𝙤𝙧𝙚 𝙖𝙘𝙩𝙞𝙫𝙚 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧 𝙢𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚 𝙞𝙨 𝙞𝙢𝙥𝙧𝙚𝙨𝙨𝙞𝙫𝙚, 𝙗𝙪𝙩 𝙩𝙝𝙚 𝙧𝙚𝙖𝙡 𝙩𝙚𝙨𝙩 𝙡𝙞𝙚𝙨 𝙖𝙝𝙚𝙖𝙙. 𝙕𝙚𝙧𝙤𝙙𝙝𝙖'𝙨 𝙝𝙞𝙜𝙝𝙚𝙧 𝙧𝙚𝙫𝙚𝙣𝙪𝙚𝙨 𝙬𝙞𝙩𝙝 𝙛𝙚𝙬𝙚𝙧 𝙪𝙨𝙚𝙧𝙨 𝙪𝙣𝙙𝙚𝙧𝙨𝙘𝙤𝙧𝙚 𝙩𝙝𝙞𝙨 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙚. 𝘽𝙖𝙡𝙖𝙣𝙘𝙞𝙣𝙜 𝙨𝙘𝙖𝙡𝙚 𝙬𝙞𝙩𝙝 𝙨𝙪𝙨𝙩𝙖𝙞𝙣𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙬𝙞𝙡𝙡 𝙗𝙚 𝙠𝙚𝙮 𝙩𝙤 𝙂𝙧𝙤𝙬𝙬'𝙨𝙨 𝙝𝙞𝙜𝙝𝙚𝙧 𝙧𝙚𝙫𝙚𝙣𝙪𝙚𝙨 𝙬𝙞𝙩𝙝 𝙛𝙚𝙬𝙚𝙧 𝙪𝙨𝙚𝙧𝙨 𝙪𝙣𝙙𝙚𝙧𝙨𝙘𝙤𝙧𝙚 𝙩𝙝𝙞𝙨 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙚. 𝘽𝙖𝙡𝙖𝙣𝙘𝙞𝙣𝙜 𝙨𝙘𝙖𝙡𝙚 𝙬𝙞𝙩𝙝 𝙨𝙪𝙨𝙩𝙖𝙞𝙣𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙬𝙞𝙡𝙡 𝙗𝙚 𝙠𝙚𝙮 𝙩𝙤 𝙂𝙧𝙤𝙬𝙬'𝙨 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙨𝙪𝙘𝙘𝙚𝙨𝙨 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙘𝙧𝙤𝙬𝙙𝙚𝙙 𝙛𝙞𝙣𝙩𝙚𝙘𝙝 𝙖𝙧𝙚𝙣𝙖. Source: Inc42 - https://tinyurl.com/2u7r7swm 𝟐. 𝐙𝐨𝐦𝐚𝐭𝐨 𝐩𝐮𝐦𝐩𝐢𝐧𝐠 𝐢𝐧 𝐦𝐨𝐫𝐞 𝐟𝐮𝐞𝐥 𝐢𝐧𝐭𝐨 𝐁𝐥𝐢𝐧𝐤𝐢𝐭 Zomato plans to invest an additional ₹300 crore in Blinkit amid rising competition in the segment. This comes as Flipkart, JioMart, Swiggy Instamart, and Zepto are aggressively scaling up their quick commerce offerings to compete with Blinkit. The capital infusion will help Blinkit expand its dark store network to 1,000 by March 2025, up from 562 currently. Blinkit has also been diversifying into new product categories like apparel and electronics, directly competing with horizontal e-commerce players. Notably, Blinkit has emerged as the crown jewel of Zomato, contributing significantly to its valuation. The quick commerce platform turned adjusted EBITDA positive in March 2024 and saw its revenue double year-over-year to ₹769Cr in Q4 FY24. However, rising competition has also led to concerns around Blinkit's margins. The additional investment underscores Zomato's commitment to the high-growth quick commerce space, as it looks to solidify Blinkit's position amid intensifying competition. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙒𝙞𝙩𝙝 𝘽𝙡𝙞𝙣𝙠𝙞𝙩'𝙨 𝙧𝙚𝙫𝙚𝙣𝙪𝙚 𝙙𝙤𝙪𝙗𝙡𝙞𝙣𝙜 𝙖𝙣𝙙 𝙖𝙙𝙟𝙪𝙨𝙩𝙚𝙙 𝙀𝘽𝙄𝙏𝘿𝘼 𝙩𝙪𝙧𝙣𝙞𝙣𝙜 𝙥𝙤𝙨𝙞𝙩𝙞𝙫𝙚, 𝙞𝙩'𝙨 𝙘𝙡𝙚𝙖𝙧 𝙩𝙝𝙖𝙩 𝙕𝙤𝙢𝙖𝙩𝙤'𝙨 𝙗𝙤𝙡𝙙 𝙖𝙘𝙦𝙪𝙞𝙨𝙞𝙩𝙞𝙤𝙣 𝙝𝙖𝙨 𝙥𝙖𝙞𝙙 𝙤𝙛𝙛. 𝘼𝙨 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙤𝙧𝙨 𝙨𝙘𝙧𝙖𝙢𝙗𝙡𝙚 𝙩𝙤 𝙘𝙖𝙩𝙘𝙝 𝙪𝙥, 𝘽𝙡𝙞𝙣𝙠𝙞𝙩'𝙨 𝙪𝙣𝙧𝙞𝙫𝙖𝙡𝙚𝙙 𝙚𝙭𝙚𝙘𝙪𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝙚𝙭𝙥𝙖𝙣𝙙𝙞𝙣𝙜 𝙙𝙖𝙧𝙠 𝙨𝙩𝙤𝙧𝙚 𝙣𝙚𝙩𝙬𝙤𝙧𝙠 𝙨𝙚𝙩 𝙞𝙩 𝙖𝙥𝙖𝙧𝙩. 𝙏𝙝𝙞𝙨 𝙘𝙖𝙥𝙞𝙩𝙖𝙡 𝙞𝙣𝙛𝙪𝙨𝙞𝙤𝙣 𝙬𝙞𝙡𝙡 𝙤𝙣𝙡𝙮 𝙖𝙘𝙘𝙚𝙡𝙚𝙧𝙖𝙩𝙚 𝘽𝙡𝙞𝙣𝙠𝙞𝙩'𝙨 𝙜𝙧𝙤𝙬𝙩𝙝 𝙩𝙧𝙖𝙟𝙚𝙘𝙩𝙤𝙧𝙮, 𝙘𝙚𝙢𝙚𝙣𝙩𝙞𝙣𝙜 𝙞𝙩𝙨 𝙥𝙤𝙨𝙞𝙩𝙞𝙤𝙣 𝙖𝙨 𝙩𝙝𝙚 𝙪𝙣𝙙𝙞𝙨𝙥𝙪𝙩𝙚𝙙 𝙠𝙞𝙣𝙜 𝙤𝙛 𝙦𝙪𝙞𝙘𝙠 𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚. 𝙕𝙤𝙢𝙖𝙩𝙤'𝙨 𝙛𝙤𝙤𝙙 𝙙𝙚𝙡𝙞𝙫𝙚𝙧𝙮 𝙘𝙧𝙤𝙬𝙣 𝙢𝙖𝙮 𝙨𝙤𝙤𝙣 𝙗𝙚 𝙤𝙫𝙚𝙧𝙨𝙝𝙖𝙙𝙤𝙬𝙚𝙙 𝙗𝙮 𝘽𝙡𝙞𝙣𝙠𝙞𝙩'𝙨 𝙧𝙖𝙥𝙞𝙙 𝙖𝙨𝙘𝙚𝙣𝙩, 𝙥𝙧𝙤𝙫𝙞𝙣𝙜 𝙩𝙝𝙖𝙩 𝙨𝙤𝙢𝙚𝙩𝙞𝙢𝙚𝙨 𝙩𝙝𝙚 𝙗𝙚𝙨𝙩 𝙬𝙖𝙮 𝙩𝙤 𝙙𝙞𝙨𝙧𝙪𝙥𝙩 𝙮𝙤𝙪𝙧𝙨𝙚𝙡𝙛 𝙞𝙨 𝙩𝙤 𝙗𝙪𝙮 𝙮𝙤𝙪𝙧 𝙗𝙞𝙜𝙜𝙚𝙨𝙩 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙚𝙧. 🚀🍽️ Source: Economic Times - https://tinyurl.com/ybf6xk23 𝟑. 𝐙𝐞𝐩𝐭𝐨 𝐫𝐚𝐢𝐬𝐢𝐧𝐠 $𝟑𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 - 𝐓𝐇𝐑𝐄𝐄 𝐇𝐔𝐍𝐃𝐑𝐄𝐃 𝐌𝐈𝐋𝐋𝐈𝐎𝐍! Zepto is in discussions with investment firms DST Global and Lightspeed for a funding round of over $300 million. The startup is targeting a $3 billion valuation for this round. Zepto has already secured commitments of $150-180 Mn from existing investors like Glade Brook Capital and Nexus Venture Partners. The company is now seeking a prominent external investor to contribute at least $100 Mb, which would help validate its valuation expectations. What makes Zepto unique is that it is the only major quick-commerce player in India not backed by a large business entity. Despite this, the startup has managed to establish itself and compete effectively with rivals like Swiggy Instamart and Zomato's Blinkit, doing so with relatively less capital. This ability to "fight it out" and potentially "out-execute incumbents in ecommerce" has attracted significant investor interest, both from Indian and global investors. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙄𝙣 𝙖 𝙢𝙖𝙧𝙠𝙚𝙩 𝙬𝙝𝙚𝙧𝙚 𝙂𝙤𝙡𝙞𝙖𝙩𝙝𝙨 𝙡𝙞𝙠𝙚 𝙎𝙬𝙞𝙜𝙜𝙮 𝙖𝙣𝙙 𝙕𝙤𝙢𝙖𝙩𝙤'𝙨 𝘽𝙡𝙞𝙣𝙠𝙞𝙩 𝙧𝙪𝙡𝙚, 𝙕𝙚𝙥𝙩𝙤'𝙨 𝘿𝙖𝙫𝙞𝙙-𝙡𝙞𝙠𝙚 𝙧𝙞𝙨𝙚 𝙞𝙨 𝙖 𝙧𝙚𝙛𝙧𝙚𝙨𝙝𝙞𝙣𝙜 𝙧𝙚𝙢𝙞𝙣𝙙𝙚𝙧 𝙩𝙝𝙖𝙩 𝙨𝙤𝙢𝙚𝙩𝙞𝙢𝙚𝙨, 𝙩𝙝𝙚 𝙝𝙪𝙣𝙜𝙧𝙞𝙚𝙨𝙩 𝙥𝙡𝙖𝙮𝙚𝙧 𝙬𝙞𝙣𝙨. 𝙏𝙝𝙚 𝙛𝙖𝙘𝙩 𝙩𝙝𝙖𝙩 𝘽𝙡𝙞𝙣𝙠𝙞𝙩 𝙝𝙖𝙨 𝙗𝙚𝙘𝙤𝙢𝙚 𝙕𝙤𝙢𝙖𝙩𝙤'𝙨 𝙘𝙧𝙤𝙬𝙣 𝙟𝙚𝙬𝙚𝙡 𝙖𝙣𝙙 𝙞𝙨 𝙣𝙤𝙬 𝙖𝙩𝙩𝙧𝙖𝙘𝙩𝙞𝙣𝙜 𝙢𝙖𝙨𝙨𝙞𝙫𝙚 𝙞𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩𝙨 𝙤𝙣𝙡𝙮 𝙪𝙣𝙙𝙚𝙧𝙨𝙘𝙤𝙧𝙚𝙨 𝙩𝙝𝙚 𝙞𝙢𝙢𝙚𝙣𝙨𝙚 𝙥𝙤𝙩𝙚𝙣𝙩𝙞𝙖𝙡 𝙤𝙛 𝙦𝙪𝙞𝙘𝙠 𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖. 𝙐𝙣𝙡𝙞𝙠𝙚 𝙞𝙣 𝙒𝙚𝙨𝙩𝙚𝙧𝙣 𝙢𝙖𝙧𝙠𝙚𝙩𝙨, 𝙬𝙝𝙚𝙧𝙚 𝙦𝙪𝙞𝙘𝙠 𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝙝𝙖𝙨 𝙨𝙩𝙧𝙪𝙜𝙜𝙡𝙚𝙙, 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙪𝙣𝙞𝙦𝙪𝙚 𝙘𝙤𝙢𝙗𝙞𝙣𝙖𝙩𝙞𝙤𝙣 𝙤𝙛 𝙥𝙤𝙥𝙪𝙡𝙖𝙩𝙞𝙤𝙣 𝙙𝙚𝙣𝙨𝙞𝙩𝙮, 𝙧𝙞𝙨𝙞𝙣𝙜 𝙙𝙞𝙨𝙥𝙤𝙨𝙖𝙗𝙡𝙚 𝙞𝙣𝙘𝙤𝙢𝙚𝙨, 𝙖𝙣𝙙 𝙩𝙚𝙘𝙝-𝙨𝙖𝙫𝙫𝙮 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧𝙨 𝙝𝙖𝙨 𝙘𝙧𝙚𝙖𝙩𝙚𝙙 𝙖 𝙥𝙚𝙧𝙛𝙚𝙘𝙩 𝙨𝙩𝙤𝙧𝙢 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙨𝙚𝙘𝙩𝙤𝙧'𝙨 𝙜𝙧𝙤𝙬𝙩𝙝. 𝙒𝙞𝙩𝙝 𝙛𝙧𝙚𝙨𝙝 𝙛𝙪𝙣𝙙𝙨 𝙖𝙣𝙙 𝙖 𝙛𝙧𝙚𝙨𝙝 𝙫𝙤𝙩𝙚 𝙤𝙛 𝙘𝙤𝙣𝙛𝙞𝙙𝙚𝙣𝙘𝙚, 𝙕𝙚𝙥𝙩𝙤 𝙞𝙨 𝙥𝙤𝙞𝙨𝙚𝙙 𝙩𝙤 𝙧𝙚𝙬𝙧𝙞𝙩𝙚 𝙩𝙝𝙚 𝙧𝙪𝙡𝙚𝙨 𝙤𝙛 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙦𝙪𝙞𝙘𝙠-𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝙧𝙖𝙘𝙚 𝙖𝙣𝙙 𝙧𝙚𝙨𝙝𝙖𝙥𝙚 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧 𝙗𝙚𝙝𝙖𝙫𝙞𝙤𝙧 𝙛𝙤𝙧 𝙮𝙚𝙖𝙧𝙨 𝙩𝙤 𝙘𝙤𝙢𝙚. 🇮🇳🛒💨 Source: The Arc - https://tinyurl.com/24njprfh 𝟒. 𝐁𝐘𝐉𝐔'𝐬 𝐌𝐢𝐬𝐬𝐢𝐧𝐠 𝐌𝐢𝐥𝐥𝐢𝐨𝐧𝐬: 𝐀 $𝟓𝟑𝟑𝐌 𝐋𝐞𝐬𝐬𝐨𝐧 𝐢𝐧 𝐄𝐝𝐭𝐞𝐜𝐡 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 📚💸 The BYJU's bankruptcy saga has taken a shocking turn, with allegations of the edtech behemoth concealing a staggering $533 million from its lenders. As a U.S. bankruptcy court steps in to play detective, the case is shining a harsh light on the governance practices of India's most celebrated edtech success story. The Plot Thickens: - Lenders owed $1.2 billion by BYJU's are locked in a heated dispute with the company - The missing $533 million is tied to BYJU's Alpha Inc., a subsidiary seized by lenders after a loan default - Funds were allegedly transferred to a UK lender and then to an unnamed, non-U.S. BYJU's affiliate - BYJU's director Riju Ravindran, brother of CEO Byju Raveendran, found in contempt for refusing to disclose the money's whereabouts 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙏𝙝𝙚 𝙘𝙤𝙪𝙧𝙩'𝙨 𝙛𝙞𝙣𝙙𝙞𝙣𝙜𝙨 𝙤𝙛 𝙘𝙤𝙣𝙩𝙚𝙢𝙥𝙩 𝙖𝙣𝙙 𝙘𝙤𝙣𝙘𝙚𝙖𝙡𝙢𝙚𝙣𝙩 𝙨𝙪𝙜𝙜𝙚𝙨𝙩 𝙖 𝙩𝙧𝙤𝙪𝙗𝙡𝙞𝙣𝙜 𝙡𝙖𝙘𝙠 𝙤𝙛 𝙩𝙧𝙖𝙣𝙨𝙥𝙖𝙧𝙚𝙣𝙘𝙮 𝙖𝙣𝙙 𝙖𝙘𝙘𝙤𝙪𝙣𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙞𝙣 𝙖𝙣 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙚𝙣𝙩𝙧𝙪𝙨𝙩𝙚𝙙 𝙬𝙞𝙩𝙝 𝙨𝙝𝙖𝙥𝙞𝙣𝙜 𝙮𝙤𝙪𝙣𝙜 𝙢𝙞𝙣𝙙𝙨. 𝘼𝙨 𝙩𝙝𝙚 𝙨𝙚𝙘𝙩𝙤𝙧'𝙨 𝙜𝙤𝙡𝙙𝙚𝙣 𝙘𝙝𝙞𝙡𝙙 𝙛𝙖𝙘𝙚𝙨 𝙖 $1.2 𝙗𝙞𝙡𝙡𝙞𝙤𝙣 𝙧𝙚𝙘𝙠𝙤𝙣𝙞𝙣𝙜, 𝙞𝙩'𝙨 𝙘𝙡𝙚𝙖𝙧 𝙩𝙝𝙖𝙩 𝙜𝙧𝙤𝙬𝙩𝙝 𝙖𝙩 𝙖𝙣𝙮 𝙘𝙤𝙨𝙩 𝙞𝙨 𝙣𝙤 𝙡𝙤𝙣𝙜𝙚𝙧 𝙨𝙪𝙨𝙩𝙖𝙞𝙣𝙖𝙗𝙡𝙚. 𝘽𝙔𝙅𝙐'𝙨 𝙨𝙖𝙜𝙖 𝙢𝙖𝙮 𝙗𝙚 𝙩𝙝𝙚 𝙩𝙞𝙥𝙥𝙞𝙣𝙜 𝙥𝙤𝙞𝙣𝙩 𝙩𝙝𝙖𝙩 𝙛𝙤𝙧𝙘𝙚𝙨 𝙚𝙙𝙩𝙚𝙘𝙝 𝙩𝙤 𝙘𝙤𝙣𝙛𝙧𝙤𝙣𝙩 𝙞𝙩𝙨 𝙜𝙤𝙫𝙚𝙧𝙣𝙖𝙣𝙘𝙚 𝙙𝙚𝙢𝙤𝙣𝙨 𝙖𝙣𝙙 𝙧𝙚𝙗𝙪𝙞𝙡𝙙 𝙩𝙧𝙪𝙨𝙩 𝙬𝙞𝙩𝙝 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙖𝙣𝙙 𝙨𝙤𝙘𝙞𝙚𝙩𝙮. 𝙏𝙝𝙚 𝙛𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙚𝙙𝙩𝙚𝙘𝙝 𝙙𝙚𝙥𝙚𝙣𝙙𝙨 𝙤𝙣 𝙞𝙩. 🚨🎓 Source: Inc42 - https://tinyurl.com/57w75vyj 𝟓. 𝐂𝐫𝐞𝐝'𝐬 𝐂𝐨𝐥𝐥𝐚𝐭𝐞𝐫𝐚𝐥 𝐏𝐥𝐚𝐲: 𝐒𝐞𝐜𝐮𝐫𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐚 𝐒𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 🗝️🦄 Cred is exploring a strategic expansion into the secured lending business. This marks a significant shift from its core focus on unsecured consumer lending and credit card bill payments. The rationale behind this move is multifaceted. Firstly, there is an increasing regulatory focus on riskier forms of instant credit, prompting fintech players to explore more stable lending verticals. Secured loans, which are backed by collateral like homes and vehicles, are seen as a more stable and lower-risk alternative. Additionally, Cred's ambition to position itself as a broader financial services provider is driving this diversification. The company aims to achieve a revenue run rate of $350-380 million and reach profitability by FY24, necessitating the exploration of new revenue streams beyond its existing offerings. However, venturing into secured lending will require Cred to make significant operational changes. Establishing a stronger offline presence, conducting asset evaluations, and tying up with more banks will add complexity to Cred's traditionally tech-driven, online-focused business model. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝘾𝙧𝙚𝙙'𝙨 𝙛𝙤𝙧𝙖𝙮 𝙞𝙣𝙩𝙤 𝙨𝙚𝙘𝙪𝙧𝙚𝙙 𝙡𝙚𝙣𝙙𝙞𝙣𝙜 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖 𝙥𝙞𝙫𝙤𝙩; 𝙞𝙩'𝙨 𝙖 𝙡𝙞𝙩𝙢𝙪𝙨 𝙩𝙚𝙨𝙩 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙖𝙙𝙖𝙥𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙤𝙛 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙛𝙞𝙣𝙩𝙚𝙘𝙝 𝙪𝙣𝙞𝙘𝙤𝙧𝙣𝙨. 𝘼𝙨 𝙩𝙝𝙚 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙬𝙞𝙣𝙙𝙨 𝙨𝙝𝙞𝙛𝙩, 𝘾𝙧𝙚𝙙'𝙨 𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙩𝙤 𝙣𝙖𝙫𝙞𝙜𝙖𝙩𝙚 𝙩𝙝𝙚 𝙘𝙤𝙢𝙥𝙡𝙚𝙭 𝙬𝙤𝙧𝙡𝙙 𝙤𝙛 𝙘𝙤𝙡𝙡𝙖𝙩𝙚𝙧𝙖𝙡𝙞𝙯𝙚𝙙 𝙘𝙧𝙚𝙙𝙞𝙩 𝙘𝙤𝙪𝙡𝙙 𝙗𝙚 𝙩𝙝𝙚 𝙙𝙞𝙛𝙛𝙚𝙧𝙚𝙣𝙘𝙚 𝙗𝙚𝙩𝙬𝙚𝙚𝙣 𝙗𝙤𝙤𝙢 𝙖𝙣𝙙 𝙗𝙪𝙨𝙩. 𝘽𝙪𝙩 𝙘𝙖𝙣 𝙖 𝙙𝙞𝙜𝙞𝙩𝙖𝙡 𝙣𝙖𝙩𝙞𝙫𝙚 𝙡𝙞𝙠𝙚 𝘾𝙧𝙚𝙙 𝙘𝙧𝙖𝙘𝙠 𝙩𝙝𝙚 𝙤𝙛𝙛𝙡𝙞𝙣𝙚 𝙘𝙤𝙙𝙚 𝙤𝙛 𝙖𝙨𝙨𝙚𝙩-𝙗𝙖𝙘𝙠𝙚𝙙 𝙡𝙚𝙣𝙙𝙞𝙣𝙜, 𝙤𝙧 𝙬𝙞𝙡𝙡 𝙞𝙩 𝙛𝙞𝙣𝙙 𝙞𝙩𝙨𝙚𝙡𝙛 𝙤𝙪𝙩𝙢𝙖𝙩𝙘𝙝𝙚𝙙 𝙗𝙮 𝙚𝙣𝙩𝙧𝙚𝙣𝙘𝙝𝙚𝙙 𝙞𝙣𝙘𝙪𝙢𝙗𝙚𝙣𝙩𝙨? 𝙏𝙝𝙚 𝙖𝙣𝙨𝙬𝙚𝙧 𝙢𝙖𝙮 𝙣𝙤𝙩 𝙟𝙪𝙨𝙩 𝙙𝙚𝙩𝙚𝙧𝙢𝙞𝙣𝙚 𝘾𝙧𝙚𝙙'𝙨 𝙛𝙖𝙩𝙚, 𝙗𝙪𝙩 𝙩𝙝𝙚 𝙩𝙧𝙖𝙟𝙚𝙘𝙩𝙤𝙧𝙮 𝙤𝙛 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙛𝙞𝙣𝙩𝙚𝙘𝙝 𝙧𝙚𝙫𝙤𝙡𝙪𝙩𝙞𝙤𝙣 𝙞𝙩𝙨𝙚𝙡𝙛. 🦄🎯 Source: The Arc - https://tinyurl.com/292cf9ww 𝟔. 𝐒𝐭𝐨𝐚 𝐒𝐜𝐡𝐨𝐨𝐥, 𝐭𝐡𝐞 "𝐈𝐈𝐌 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐫", 𝐢𝐬 𝐝𝐞𝐚𝐝. 𝐖𝐡𝐚𝐭’𝐬 𝐧𝐞𝐱𝐭 𝐟𝐨𝐫 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐚𝐥𝐭𝐌𝐁𝐀𝐬? The shuttering of Stoa School, the online IIM-challenger, suggests that online-only bootcamp models may not be the answer to disrupting the country's traditional business education system. While Stoa's flexible, startup-focused curriculum initially attracted 1,500 students across 15 cohorts, the program's refusal to venture beyond the virtual realm ultimately led to its downfall. In contrast, competitors like Masters' Union and Mesa School of Business have found success by embracing a physical campus experience. For eg, Mesa, in particular, has seen early success by offering a one-year, full time program that immerses students in a collaborative, in-person learning environment - a stark departure from Stoa's online-only approach. The demand for business education in India remains sky-high, with a record 3.3 lakh candidates vying for a limited number of seats at the country's top B-schools. This thirst for prestigious degrees and the networking opportunities they provide suggests that students may be less inclined to opt for online-only alternatives, no matter how flexible or practical the curriculum. Sustaining the altMBA model requires not just innovative pedagogy, but also a keen understanding of the Indian student's mindset and preferences. The prestige and community-building associated with a in-campus experience may prove to be the key differentiator in this evolving landscape. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙎𝙩𝙤𝙖 𝙎𝙘𝙝𝙤𝙤𝙡'𝙨 𝙙𝙚𝙢𝙞𝙨𝙚 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖𝙣 𝙚𝙙𝙩𝙚𝙘𝙝 𝙘𝙖𝙪𝙩𝙞𝙤𝙣𝙖𝙧𝙮 𝙩𝙖𝙡𝙚; 𝙞𝙩'𝙨 𝙖 𝙧𝙚𝙖𝙡𝙞𝙩𝙮 𝙘𝙝𝙚𝙘𝙠 𝙛𝙤𝙧 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙖𝙡𝙩𝙈𝘽𝘼 𝙙𝙧𝙚𝙖𝙢𝙚𝙧𝙨. 𝙄𝙣 𝙖 𝙡𝙖𝙣𝙙 𝙬𝙝𝙚𝙧𝙚 𝙄𝙄𝙈 𝙥𝙚𝙙𝙞𝙜𝙧𝙚𝙚 𝙞𝙨 𝙩𝙝𝙚 𝙜𝙤𝙡𝙙𝙚𝙣 𝙩𝙞𝙘𝙠𝙚𝙩 𝙩𝙤 𝙨𝙪𝙘𝙘𝙚𝙨𝙨, 𝙘𝙖𝙣 𝙤𝙣𝙡𝙞𝙣𝙚-𝙤𝙣𝙡𝙮 𝙪𝙥𝙨𝙩𝙖𝙧𝙩𝙨 𝙧𝙚𝙖𝙡𝙡𝙮 𝙧𝙚𝙬𝙞𝙧𝙚 𝙩𝙝𝙚 𝙈𝘽𝘼 𝙢𝙞𝙣𝙙𝙨𝙚𝙩? 𝘼𝙨 𝙎𝙩𝙤𝙖'𝙨 𝙫𝙞𝙧𝙩𝙪𝙖𝙡 𝙙𝙤𝙤𝙧𝙨 𝙘𝙡𝙤𝙨𝙚 𝙖𝙣𝙙 𝙈𝙖𝙨𝙩𝙚𝙧'𝙨 𝙐𝙣𝙞𝙤𝙣 & 𝙈𝙚𝙨𝙖'𝙨 𝙥𝙝𝙮𝙨𝙞𝙘𝙖𝙡 𝙘𝙡𝙖𝙨𝙨𝙧𝙤𝙤𝙢𝙨 𝙩𝙝𝙧𝙞𝙫𝙚, 𝙞𝙩'𝙨 𝙘𝙡𝙚𝙖𝙧 𝙩𝙝𝙖𝙩 𝙙𝙞𝙨𝙧𝙪𝙥𝙩𝙞𝙤𝙣 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖𝙗𝙤𝙪𝙩 𝙬𝙝𝙖𝙩 𝙮𝙤𝙪 𝙩𝙚𝙖𝙘𝙝, 𝙗𝙪𝙩 𝙝𝙤𝙬 𝙮𝙤𝙪 𝙗𝙪𝙞𝙡𝙙 𝙖 𝙘𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮. 𝙒𝙞𝙩𝙝 𝘼𝙄 𝙥𝙤𝙞𝙨𝙚𝙙 𝙩𝙤 𝙧𝙚𝙨𝙝𝙖𝙥𝙚 𝙩𝙝𝙚 𝙛𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙬𝙤𝙧𝙠, 𝙬𝙞𝙡𝙡 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙚𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣 𝙥𝙞𝙤𝙣𝙚𝙚𝙧𝙨 𝙖𝙙𝙖𝙥𝙩 𝙤𝙧 𝙗𝙚 𝙡𝙚𝙛𝙩 𝙗𝙚𝙝𝙞𝙣𝙙? 𝙏𝙝𝙚 𝙖𝙣𝙨𝙬𝙚𝙧 𝙢𝙖𝙮 𝙡𝙞𝙚 𝙣𝙤𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙘𝙡𝙖𝙨𝙨𝙧𝙤𝙤𝙢, 𝙗𝙪𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙘𝙤𝙣𝙣𝙚𝙘𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧𝙜𝙚𝙙 𝙗𝙚𝙮𝙤𝙣𝙙 𝙞𝙩. 🎓💼 Source: The Ken - https://tinyurl.com/2ter2c9f 𝟕. 𝐆𝐨 𝐃𝐢𝐠𝐢𝐭'𝐬 𝐑𝐞𝐦𝐚𝐫𝐤𝐚𝐛𝐥𝐞 𝐓𝐮𝐫𝐧𝐚𝐫𝐨𝐮𝐧𝐝: 𝟓𝐱 𝐉𝐮𝐦𝐩 𝐢𝐧 𝐏𝐫𝐨𝐟𝐢𝐭, 𝐑𝐨𝐛𝐮𝐬𝐭 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐆𝐫𝐨𝐰𝐭𝐡 Key Highlights: - Profit After Tax (PAT) Surges Over 5x to INR 182 Cr: Go Digit's PAT saw a remarkable 400%+ jump in FY24, up from INR 36 Cr in the previous fiscal. - Gross Written Premium (GWP) Grows 24.5% to INR 9,016 Cr: The insurtech startup's total GWP increased significantly, driven by strong performance in health, travel, and personal accident insurance segments. - Net Earned Premium Rises to INR 7,096 Cr: Go Digit's net earned premium, a key metric, grew from INR 5,164 Cr in FY23 to INR 7,096 Cr in FY24. - Assets Under Management Reach INR 15,764 Cr: The company's assets under management saw a 24% year-on-year increase, showcasing its expanding scale. Operational Insights: - Motor Insurance Remains Dominant: Third-party motor and own damage motor insurance continued to be the largest contributors to Go Digit's GWP, accounting for 61% of the total. - Health, Travel, and Personal Accident Gain Traction: These segments collectively contributed 19% to the total GWP, highlighting their growing importance in the company's portfolio. - Premium Retention Ratio Improves: Go Digit's premium retention ratio increased from 81.6% in FY23 to 85.8% in FY24, indicating better risk management. Challenges and Outlook: - IPO Debut Lackluster: Go Digit's public listing in May 2024 saw a muted response, with the stock listing at a modest premium due to concerns over its premium valuation. - Expenses Rise, Driven by Claims: The company's total expenses grew over 36% in FY24, with a significant increase in claims paid, highlighting the need for continued operational efficiency. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙂𝙤 𝘿𝙞𝙜𝙞𝙩'𝙨 𝙞𝙢𝙥𝙧𝙚𝙨𝙨𝙞𝙫𝙚 𝙁𝙔24 𝙧𝙚𝙨𝙪𝙡𝙩𝙨, 𝙬𝙞𝙩𝙝 𝙖 5𝙭 𝙥𝙧𝙤𝙛𝙞𝙩 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚 𝙖𝙣𝙙 24.5% 𝙥𝙧𝙚𝙢𝙞𝙪𝙢 𝙜𝙧𝙤𝙬𝙩𝙝, 𝙥𝙧𝙤𝙫𝙚 𝙩𝙝𝙖𝙩 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙘𝙖𝙣 𝙩𝙧𝙞𝙪𝙢𝙥𝙝 𝙞𝙣 𝙩𝙝𝙚 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮. 𝘿𝙚𝙨𝙥𝙞𝙩𝙚 𝙖 𝙡𝙪𝙠𝙚𝙬𝙖𝙧𝙢 𝙄𝙋𝙊, 𝘿𝙞𝙜𝙞𝙩'𝙨 𝙩𝙚𝙘𝙝-𝙙𝙧𝙞𝙫𝙚𝙣 𝙖𝙥𝙥𝙧𝙤𝙖𝙘𝙝 𝙖𝙣𝙙 𝙥𝙧𝙤𝙙𝙪𝙘𝙩 𝙙𝙞𝙫𝙚𝙧𝙨𝙞𝙛𝙞𝙘𝙖𝙩𝙞𝙤𝙣 𝙨𝙝𝙤𝙬 𝙩𝙝𝙖𝙩 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧-𝙘𝙚𝙣𝙩𝙧𝙞𝙘𝙞𝙩𝙮 𝙞𝙨 𝙠𝙚𝙮. 𝘼𝙨 𝙩𝙧𝙖𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 𝙥𝙡𝙖𝙮𝙚𝙧𝙨 𝙨𝙩𝙧𝙪𝙜𝙜𝙡𝙚 𝙩𝙤 𝙖𝙙𝙖𝙥𝙩, 𝘿𝙞𝙜𝙞𝙩'𝙨 𝙨𝙪𝙘𝙘𝙚𝙨𝙨 𝙧𝙖𝙞𝙨𝙚𝙨 𝙖 𝙘𝙧𝙪𝙘𝙞𝙖𝙡 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣: 𝙬𝙞𝙡𝙡 𝙩𝙝𝙚 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 𝙡𝙚𝙖𝙙𝙚𝙧𝙨 𝙤𝙛 𝙩𝙤𝙢𝙤𝙧𝙧𝙤𝙬 𝙗𝙚 𝙙𝙚𝙛𝙞𝙣𝙚𝙙 𝙣𝙤𝙩 𝙗𝙮 𝙩𝙝𝙚𝙞𝙧 𝙨𝙞𝙯𝙚, 𝙗𝙪𝙩 𝙗𝙮 𝙩𝙝𝙚𝙞𝙧 𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙩𝙤 𝙡𝙚𝙫𝙚𝙧𝙖𝙜𝙚 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮 𝙖𝙣𝙙 𝙧𝙚𝙨𝙥𝙤𝙣𝙙 𝙩𝙤 𝙚𝙫𝙤𝙡𝙫𝙞𝙣𝙜 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧 𝙣𝙚𝙚𝙙𝙨? 💡📈 Source: Inc42 - https://tinyurl.com/yc4hu74u 𝟖. 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐖𝐞𝐚𝐥𝐭𝐡 𝐆𝐢𝐚𝐧𝐭 𝟑𝟔𝟎 𝐎𝐧𝐞 𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐌𝐮𝐭𝐮𝐚𝐥 𝐅𝐮𝐧𝐝 𝐀𝐩𝐩 𝐄𝐓 𝐌𝐨𝐧𝐞𝐲 𝐟𝐨𝐫 $𝟒𝟒𝐌 In a move that's set to reshape India's wealth management landscape, 360 One WAM, the country's largest wealth manager for the ultra-rich, has snapped up mutual fund investment app ET Money for a cool $44 million. The Deal: - 360 One WAM acquires ET Money for approximately $44 million - ET Money brings over 900,000 transacting clients and $8.3 billion in managed assets - Acquisition marks 360 One's entry into the booming wealth tech space - Deal expected to create a comprehensive wealth management platform catering to both retail and high-net-worth clients The acquisition is a strategic masterstroke for 360 One, allowing the firm to leverage its domain expertise and advisory solutions to tap into ET Money's vast retail user base. By combining forces, 360 One is positioned to create a one-stop-shop for wealth management, catering to the diverse investment needs of clients across the wealth spectrum. The deal also underscores the rapid consolidation in India's tech ecosystem, with e-commerce giant Amazon recently acquiring another Times Internet startup. As established players seek to expand their reach and capabilities, wealth tech has emerged as a key battleground. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 360 𝙊𝙣𝙚'𝙨 $44𝙈 𝙖𝙘𝙦𝙪𝙞𝙨𝙞𝙩𝙞𝙤𝙣 𝙤𝙛 𝙀𝙏 𝙈𝙤𝙣𝙚𝙮 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙙𝙚𝙖𝙡; 𝙞𝙩'𝙨 𝙖 𝙨𝙞𝙜𝙣𝙖𝙡 𝙩𝙝𝙖𝙩 𝙬𝙚𝙖𝙡𝙩𝙝 𝙢𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖 𝙞𝙨 𝙣𝙤 𝙡𝙤𝙣𝙜𝙚𝙧 𝙟𝙪𝙨𝙩 𝙖𝙗𝙤𝙪𝙩 𝙘𝙖𝙩𝙚𝙧𝙞𝙣𝙜 𝙩𝙤 𝙩𝙝𝙚 𝙪𝙡𝙩𝙧𝙖-𝙧𝙞𝙘𝙝. 𝘽𝙮 𝙘𝙤𝙢𝙗𝙞𝙣𝙞𝙣𝙜 𝙞𝙩𝙨 𝙝𝙞𝙜𝙝-𝙚𝙣𝙙 𝙖𝙙𝙫𝙞𝙨𝙤𝙧𝙮 𝙚𝙭𝙥𝙚𝙧𝙩𝙞𝙨𝙚 𝙬𝙞𝙩𝙝 𝙀𝙏 𝙈𝙤𝙣𝙚𝙮'𝙨 𝙢𝙖𝙨𝙨-𝙢𝙖𝙧𝙠𝙚𝙩 𝙧𝙚𝙖𝙘𝙝, 360 𝙊𝙣𝙚 𝙞𝙨 𝙗𝙚𝙩𝙩𝙞𝙣𝙜 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚 𝙛𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙬𝙚𝙖𝙡𝙩𝙝 𝙞𝙨 𝙞𝙣 𝙩𝙝𝙚 𝙝𝙖𝙣𝙙𝙨 𝙤𝙛 𝙩𝙝𝙚 𝙢𝙖𝙣𝙮, 𝙣𝙤𝙩 𝙟𝙪𝙨𝙩 𝙩𝙝𝙚 𝙛𝙚𝙬. 𝘼𝙨 𝙛𝙞𝙣𝙩𝙚𝙘𝙝 𝙙𝙞𝙨𝙧𝙪𝙥𝙩𝙨 𝙩𝙧𝙖𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 𝙬𝙚𝙖𝙡𝙩𝙝 𝙢𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩, 𝙩𝙝𝙚 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣 𝙖𝙧𝙞𝙨𝙚𝙨: 𝙬𝙞𝙡𝙡 𝙩𝙝𝙚 𝙤𝙡𝙙 𝙜𝙪𝙖𝙧𝙙𝙨 𝙖𝙙𝙖𝙥𝙩 𝙖𝙣𝙙 𝙖𝙘𝙦𝙪𝙞𝙧𝙚, 𝙤𝙧 𝙬𝙞𝙡𝙡 𝙩𝙝𝙚𝙮 𝙗𝙚 𝙡𝙚𝙛𝙩 𝙗𝙚𝙝𝙞𝙣𝙙 𝙗𝙮 𝙣𝙞𝙢𝙗𝙡𝙚𝙧, 𝙩𝙚𝙘𝙝-𝙨𝙖𝙫𝙫𝙮 𝙥𝙡𝙖𝙮𝙚𝙧𝙨? 𝙏𝙝𝙚 360 𝙊𝙣𝙚-𝙀𝙏 𝙈𝙤𝙣𝙚𝙮 𝙙𝙚𝙖𝙡 𝙢𝙖𝙮 𝙟𝙪𝙨𝙩 𝙗𝙚 𝙩𝙝𝙚 𝙗𝙚𝙜𝙞𝙣𝙣𝙞𝙣𝙜 𝙤𝙛 𝙖 𝙣𝙚𝙬 𝙚𝙧𝙖 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖𝙣 𝙬𝙚𝙖𝙡𝙩𝙝 𝙢𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩, 𝙬𝙝𝙚𝙧𝙚 𝙩𝙝𝙚 𝙡𝙞𝙣𝙚𝙨 𝙗𝙚𝙩𝙬𝙚𝙚𝙣 𝙧𝙚𝙩𝙖𝙞𝙡 𝙖𝙣𝙙 𝙚𝙡𝙞𝙩𝙚 𝙗𝙡𝙪𝙧, 𝙖𝙣𝙙 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙗𝙚𝙘𝙤𝙢𝙚𝙨 𝙩𝙝𝙚 𝙠𝙚𝙮 𝙩𝙤 𝙨𝙪𝙧𝙫𝙞𝙫𝙖𝙡. 💰📱 Source: TechCrunch - https://tinyurl.com/mps2b9jd 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐞𝐜𝐡 🌍 𝟏. 𝐈𝐭’𝐬 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐁𝐞𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐝 𝐟𝐨𝐫 €𝟓𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 In a plot twist that's shaking up the social media world, BeReal, the pandemic-born app that built its brand on authenticity, is being acquired by French mobile games company Voodoo for a whopping €500 million. The Acquisition Equation: - Voodoo snaps up BeReal for €500 million - BeReal struggling with user growth and funding despite initial success - Voodoo sees opportunity to leverage BeReal's user loyalty and bring its expertise to scale the app - BeReal co-founder and CEO Alexis Barreyat to depart after transition, replaced by Voodoo's Wizz app CEO Aymeric Roffé - Acquisition aims to allow BeReal to build new features and refocus on growth through marketing On the surface, it's a classic Silicon Valley fairy tale: innovative startup gets scooped up by established player, lives happily ever after. But beneath the filtered veneer, questions loom: Can Voodoo, a company known for mobile games, navigate the fickle world of social media? Will BeReal's unfiltered ethos survive under new ownership, or will it be lost in the quest for growth? And what does this mean for the broader social media landscape, as giants gobble up niche players? 🍇 𝐟𝐨𝐫 𝐓𝐡𝐨𝐮𝐠𝐡𝐭: 𝐋𝐞𝐭’𝐬 𝐁𝐞𝐑𝐞𝐚𝐥 – 𝐭𝐡𝐞 €𝟓𝟎𝟎𝐌 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐛𝐲 𝐕𝐨𝐨𝐝𝐨𝐨 𝐢𝐬𝐧'𝐭 𝐣𝐮𝐬𝐭 𝐚 𝐭𝐞𝐜𝐡 𝐝𝐞𝐚𝐥; 𝐢𝐭'𝐬 𝐭𝐚𝐛𝐥𝐞 𝐬𝐭𝐚𝐤𝐞𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜𝐢𝐭𝐲-𝐝𝐫𝐢𝐯𝐞𝐧 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 𝐰𝐚𝐯𝐞. 𝐁𝐮𝐭 𝐚𝐬 𝐭𝐡𝐞 𝐚𝐩𝐩'𝐬 𝐨𝐫𝐢𝐠𝐢𝐧𝐚𝐥 𝐟𝐨𝐮𝐧𝐝𝐞𝐫 𝐝𝐞𝐩𝐚𝐫𝐭𝐬, 𝐰𝐢𝐥𝐥 𝐁𝐞𝐑𝐞𝐚𝐥'𝐬 𝐧𝐞𝐰 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐨𝐯𝐞𝐫𝐥𝐨𝐫𝐝𝐬 𝐬𝐚𝐜𝐫𝐢𝐟𝐢𝐜𝐞 𝐢𝐭𝐬 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜𝐢𝐭𝐲 𝐢𝐧 𝐩𝐮𝐫𝐬𝐮𝐢𝐭 𝐨𝐟 𝐠𝐫𝐨𝐰𝐭𝐡? 𝐀𝐬 𝐁𝐞𝐑𝐞𝐚𝐥 𝐞𝐧𝐭𝐞𝐫𝐬 𝐭𝐡𝐢𝐬 𝐧𝐞𝐰 𝐜𝐡𝐚𝐩𝐭𝐞𝐫, 𝐢𝐭 𝐟𝐚𝐜𝐞𝐬 𝐚 𝐛𝐚𝐥𝐚𝐧𝐜𝐢𝐧𝐠 𝐚𝐜𝐭: 𝐡𝐨𝐰 𝐭𝐨 𝐬𝐜𝐚𝐥𝐞 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐬𝐚𝐜𝐫𝐢𝐟𝐢𝐜𝐢𝐧𝐠 𝐬𝐨𝐮𝐥. 𝐈𝐟 𝐢𝐭 𝐜𝐚𝐧 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐮𝐧𝐟𝐢𝐥𝐭𝐞𝐫𝐞𝐝 𝐦𝐚𝐠𝐢𝐜 𝐰𝐡𝐢𝐥𝐞 𝐭𝐚𝐩𝐩𝐢𝐧𝐠 𝐢𝐧𝐭𝐨 𝐕𝐨𝐨𝐝𝐨𝐨'𝐬 𝐞𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞, 𝐢𝐭 𝐜𝐨𝐮𝐥𝐝 𝐫𝐞𝐰𝐫𝐢𝐭𝐞 𝐭𝐡𝐞 𝐫𝐮𝐥𝐞𝐬 𝐨𝐟 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚. 𝐁𝐮𝐭 𝐢𝐟 𝐢𝐭 𝐥𝐨𝐬𝐞𝐬 𝐬𝐢𝐠𝐡𝐭 𝐨𝐟 𝐰𝐡𝐚𝐭 𝐦𝐚𝐝𝐞 𝐢𝐭 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐩𝐥𝐚𝐜𝐞, 𝐢𝐭 𝐫𝐢𝐬𝐤𝐬 𝐛𝐞𝐜𝐨𝐦𝐢𝐧𝐠 𝐣𝐮𝐬𝐭 𝐚𝐧𝐨𝐭𝐡𝐞𝐫 𝐟𝐢𝐥𝐭𝐞𝐫𝐞𝐝 𝐟𝐚𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐫𝐨𝐰𝐝. 📸💬 Source: Tech Crunch - https://tinyurl.com/mvyfkmjw 𝟐. 𝐇𝐞 𝐛𝐫𝐨𝐮𝐠𝐡𝐭 𝐮𝐬 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭. 𝐍𝐨𝐰, 𝐡𝐞 𝐛𝐫𝐢𝐧𝐠𝐬 𝐮𝐬 𝐧𝐮𝐜𝐥𝐞𝐚𝐫 𝐞𝐧𝐞𝐫𝐠𝐲 The tech titan who revolutionized computing with Microsoft is now setting his sights on a new frontier: nuclear energy. Bill Gates, a longtime champion of clean energy, is putting his billions behind TerraPower, a company he co-founded to boost private investment in next-generation nuclear power. The Reactor Revolution: •⁠ ⁠TerraPower breaking ground on first-of-its-kind reactor in Wyoming •⁠ ⁠Innovative design: liquid sodium cooling, flexible output, smaller footprint •⁠ ⁠Aims to be cheaper, nimbler, and more compatible with renewables than traditional nuclear plants •⁠ ⁠Gates personally invested $1 billion, raised another $830 million Gates' commitment to TerraPower is more than just financial. "I'm involved in TerraPower because we need to build a lot of these reactors," he emphasized, underscoring his personal mission to transform the energy landscape. But the road ahead is not without obstacles. TerraPower's unconventional design must navigate a complex regulatory landscape and prove it can deliver on its cost-saving promises. Nuclear's troubled history of delays and cost overruns looms large. Yet, with Gates at the helm, TerraPower has the star power and deep pockets to potentially overcome these hurdles. If successful, the company could revitalize the stagnant nuclear industry and usher in a new era of reliable, carbon-free power. 🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝘽𝙞𝙡𝙡 𝙂𝙖𝙩𝙚𝙨' 𝙗𝙞𝙡𝙡𝙞𝙤𝙣-𝙙𝙤𝙡𝙡𝙖𝙧 𝙗𝙚𝙩 𝙤𝙣 𝙏𝙚𝙧𝙧𝙖𝙋𝙤𝙬𝙚𝙧 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖𝙗𝙤𝙪𝙩 𝙗𝙪𝙞𝙡𝙙𝙞𝙣𝙜 𝙖 𝙗𝙚𝙩𝙩𝙚𝙧 𝙧𝙚𝙖𝙘𝙩𝙤𝙧; 𝙞𝙩'𝙨 𝙖𝙗𝙤𝙪𝙩 𝙧𝙚𝙗𝙧𝙖𝙣𝙙𝙞𝙣𝙜 𝙣𝙪𝙘𝙡𝙚𝙖𝙧 𝙚𝙣𝙚𝙧𝙜𝙮 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙣𝙚𝙩-𝙯𝙚𝙧𝙤 𝙚𝙧𝙖. 𝙄𝙛 𝙂𝙖𝙩𝙚𝙨 𝙘𝙖𝙣 𝙡𝙚𝙫𝙚𝙧𝙖𝙜𝙚 𝙝𝙞𝙨 𝙩𝙚𝙘𝙝 𝙘𝙡𝙤𝙪𝙩 𝙩𝙤 𝙤𝙫𝙚𝙧𝙘𝙤𝙢𝙚 𝙥𝙪𝙗𝙡𝙞𝙘 𝙨𝙠𝙚𝙥𝙩𝙞𝙘𝙞𝙨𝙢 𝙖𝙣𝙙 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙝𝙪𝙧𝙙𝙡𝙚𝙨, 𝙏𝙚𝙧𝙧𝙖𝙋𝙤𝙬𝙚𝙧 𝙘𝙤𝙪𝙡𝙙 𝙗𝙚 𝙩𝙝𝙚 𝙜𝙖𝙢𝙚-𝙘𝙝𝙖𝙣𝙜𝙚𝙧 𝙩𝙝𝙖𝙩 𝙧𝙚𝙬𝙧𝙞𝙩𝙚𝙨 𝙩𝙝𝙚 𝙛𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙘𝙡𝙚𝙖𝙣 𝙥𝙤𝙬𝙚𝙧. 𝘽𝙪𝙩 𝙩𝙝𝙚 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣 𝙧𝙚𝙢𝙖𝙞𝙣𝙨: 𝙬𝙞𝙡𝙡 𝙂𝙖𝙩𝙚𝙨' 𝙜𝙖𝙢𝙗𝙞𝙩 𝙥𝙖𝙮 𝙤𝙛𝙛, 𝙤𝙧 𝙬𝙞𝙡𝙡 𝙣𝙪𝙘𝙡𝙚𝙖𝙧'𝙨 𝙩𝙧𝙤𝙪𝙗𝙡𝙚𝙙 𝙥𝙖𝙨𝙩 𝙥𝙧𝙤𝙫𝙚 𝙩𝙤𝙤 𝙢𝙪𝙘𝙝 𝙩𝙤 𝙤𝙫𝙚𝙧𝙘𝙤𝙢𝙚? ⚛️🌍 Source: The Morning Brew - https://tinyurl.com/8mk9wwsd -- Let's discuss ⬇️

You don't find children playing in the streets, Digital masturbation and never ending Google sheets, Offices are becoming more air conditioned, and lot's of I-macs and I-phones, Everything is getting touch screen while we start loosing our touch with knowns, The black and white TV, broken pencils of school, that lost eraser, making friends April fool, The silence of the past had more chatter of neighbours, The silence of today is honking& groaning cars, This life is busy and buzzy, This life is too uneasy, Driven by managers and anxiety, More introverted society, But hey... Let's own for a change, let's make another neighbour friend, Let there be friends talking, while phone charging, Let there be a call to mom back in town, More street cricket and bad Minton, Another dice of Ludo and flicking carrom, Let us wake up early Let us eat timely Let us sit together sometime, Sit together and speak the burden in our hearts, Alone in my Room I recite this rhyme Someday let's go back to the start.... Sending you 🍇

I got no clue what’s with the story on this.

"Money can buy comfort, but happiness is priceless."