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Sachin Tendulkar is venturing into entrepreneurship by launching a new sports athleisure brand with former Swiggy Instamart head Karthik Gurumurthy and exSwiggy executive Karan Arora.  The holding...

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- Sachin Tendulkar is venturing into entrepreneurship by launching a new sports athleisure brand with former Swiggy Instamart head Karthik Gurumurthy and ex-Swiggy executive Karan Arora.
- The holding company for the venture, SRT10 Athleisure Pvt Ltd, has already been registered, with Tendulkar and Whiteboard Capital on the board of directors.
- The startup is in advanced stages of raising capital from a top venture capital fund and aims to rival top brands like Nike with affordable pricing and local manufacturing.
- Demand for sports goods is at an all-time high in India, with shoes and apparel making up the majority of sales, and the market is attracting significant interest from entrepreneurs and investors.
- Tendulkar's new venture adds to the trend of celebrities launching their own brands, with other notable examples including Virat Kohli, MS Dhoni, Deepika Padukone, and Katrina Kaif. 

 Source: [Economic Times](https://economictimes.indiatimes.com/tech/technology/sachin-tendulkar-pads-up-to-be-an-entrepreneur/articleshow/112503455.cms?from=mdr)

Sachin Tendulkar Launches New Sports Athleisure Brand

Journalist

Sachin Tendulkar Launches New Sports Athleisure Brand- Grapevine

Welcome to Indian Startups's Private Community

Ex Puma India MD raises ~$12Mn for a new sportswear brand 😮😮

Analyst

I'm definitely not engaging with any answers that don't have a "Why".
Regardless, my answer would be...

Napoleon, The French Emperor and Military Commander

"The battlefield is a scene of constant chaos. The winner will be the one who controls that chaos, both his own and the enemy's."

I've been watching a few documentaries on his military tactics. His innovative tactics and organisational reforms revolutionised warfare, setting the standard for modern military operations. His military campaigns, known as the Napoleonic Wars, reshaped the map of Europe and influenced military thought for generations.

Personally, the battle at Austerlitz remains to be the best showcasing Napoleon's tactical brilliance and audacious maneuvering. In the midst of a freezing December day, his Army faced the combined forces of the Russian and Austrian empires atop the icy Lake Satschan. With the enemy mistakenly believing his right flank was weak, Napoleon executed a deception, withdrawing his troops to lure the Allies onto the fragile ice. As the ice cracked and creaked beneath their weight, the French unleashed their firepower, shattering the frozen surface and sending thousands of enemy soldiers plunging into the icy waters, resulting in multiple casualties and ultimately victory.

Napoleon's rise from humble beginnings to becoming Emperor and his eventual downfall at the Battle of Waterloo is a legendary story of ambition and power.

[Thread] Who according to you is the most legendary figure in human history? Also, Why?

Product Manager

- Zomato CEO Deepinder Goyal has incubated 'Continue', a venture focused on health tracking and mental wellness.
- The Continue.com domain, currently in stealth mode, is registered under Upslope Advisors Pvt Ltd, with Goyal as a Director.
- The venture aligns with Goyal's interest in longevity and human lifespan extension.
- The platform may eventually offer comprehensive health and wellness services, including nutrition and sleep tracking, mental health, and preventive health.
- Goyal is also an investor in Ultrahuman, a startup producing wearable health trackers.

Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/zomato-founder-deepinder-goyal-registers-continue-a-longevity-venture-focussed-on-health-tracking-mental-wellness-12846138.html)

Zomato CEO Deepinder Goyal Launches Health Venture 'Continue'

This is a neat business thing. Ppl will overeat food with Zomato, then turn to this new venture for fitness related issues. Capturing the full customer wallet. Brilliant!!!

Asli Catphising to Sachin Bansal he kar rhe hain 🤣

Corporate Strategist

https://entrackr.com/2023/09/rario-burns-through-120-mn-in-15-months-future-looks-uncertain/

Tell me no corruption was involved in this ;)

120 million USD gone in 15 months

Burnt through 60-70 crores per month (average) with 70 employees. Put the best combustion engines to shame.

Software Developer

Software Engineer

This is totally nuts. The guy isn’t even clear on his idea yet but seeks $100M in valuation

2021 level craze is back?

Welcome to Business Roles's Private Community

Hello All
I hope you are well and doing great

As we are all aware about the global conditions of jobs. it is very challenging to do job continuously
But no need to worry about investing your money in great returnable projects in Gurugram. We have a lot of commercial projects/ shopping malls with great anchor space which can give you the lease guarantee for 3 years with 11% annual return policy
So what do you think guys, develop a second source of income and be an owner and take rent from the big giants like below

PVR, Burger King, Adidas, Nike and many more 

Starting from 75Lakhs 

Interested people message me on WhatsApp 9675093565
Sagar

Be A Owner/ Develop other source of income

Real Estate

Whom do you look up to in the Indian Entrepreneurs & why?

you must have noticed people speaking against anything big/small issue that happens in the west but rarely say anything about issues in their own country.

are they afraid of the government?

you won't see any celebrity or famous person saying anything in support of farmers protest or manipur violence or any other oppression faced by people.

what do you think is the reason behind this mentality?

Selective/Fake outrage: Is this limited to the upper middle class?

Senior Software Engineer

𝟏. 𝐌𝐨𝐧𝐞𝐭𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐫𝐞𝐣𝐢𝐠 𝐚𝐭 𝐌𝐞𝐞𝐬𝐡𝐨; 𝐝𝐨𝐮𝐛𝐥𝐞 𝐝𝐨𝐰𝐧𝐬 𝐨𝐧 𝐬𝐞𝐥𝐥𝐞𝐫 𝐥𝐨𝐚𝐧𝐬

Meesho is evolving its business model beyond its initial focus on providing a low-cost, commission-free marketplace. The introduction of a 2% platform fee on its Meesho Mall vertical, which sells branded products, represents a measured approach to generating additional revenue. This fee is significantly lower than the 7-15% charged by larger e-commerce giants, making it a more attractive option for merchants.

Alongside this, Meesho is doubling down on its seller financing capabilities through the Meesho Instant Cash loan service. By partnering with NBFCs, the company is positioning itself as a facilitator of credit access - a critical need for its merchant base, particularly smaller businesses. This diversification into financial services complements Meesho's core e-commerce operations and logistics services.

The company's broader strategy appears to be one of measured expansion, balancing its customer-centric, low-cost approach with new revenue streams. This nuanced approach, combined with its sizable merchant network, suggests Meesho is well-positioned to navigate the evolving e-commerce landscape in India?

🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙈𝙚𝙚𝙨𝙝𝙤'𝙨 2% 𝙥𝙡𝙖𝙩𝙛𝙤𝙧𝙢 𝙛𝙚𝙚 𝙥𝙡𝙖𝙮 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖 𝙧𝙚𝙫𝙚𝙣𝙪𝙚 𝙩𝙬𝙚𝙖𝙠; 𝙞𝙩'𝙨 𝙖 𝙩𝙞𝙜𝙝𝙩𝙧𝙤𝙥𝙚 𝙖𝙘𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙘𝙪𝙩-𝙩𝙝𝙧𝙤𝙖𝙩 𝙬𝙤𝙧𝙡𝙙 𝙤𝙛 𝙚-𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚. 𝘽𝙮 𝙪𝙣𝙙𝙚𝙧𝙘𝙪𝙩𝙩𝙞𝙣𝙜 𝙩𝙝𝙚 𝙗𝙞𝙜 𝙗𝙤𝙮𝙨' 𝙘𝙤𝙢𝙢𝙞𝙨𝙨𝙞𝙤𝙣𝙨, 𝙈𝙚𝙚𝙨𝙝𝙤'𝙨 𝙬𝙤𝙤𝙞𝙣𝙜 𝙢𝙚𝙧𝙘𝙝𝙖𝙣𝙩𝙨 𝙬𝙞𝙩𝙝 𝙖 𝙨𝙞𝙧𝙚𝙣 𝙨𝙤𝙣𝙜 𝙤𝙛 𝙨𝙖𝙫𝙞𝙣𝙜𝙨. 𝘽𝙪𝙩 𝙩𝙝𝙚 𝙧𝙚𝙖𝙡 𝙢𝙖𝙨𝙩𝙚𝙧𝙨𝙩𝙧𝙤𝙠𝙚? 𝘿𝙤𝙪𝙗𝙡𝙞𝙣𝙜 𝙙𝙤𝙬𝙣 𝙤𝙣 𝙨𝙚𝙡𝙡𝙚𝙧 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙣𝙜. 𝙄𝙣 𝙖 𝙡𝙖𝙣𝙙 𝙬𝙝𝙚𝙧𝙚 𝙘𝙧𝙚𝙙𝙞𝙩 𝙞𝙨 𝙠𝙞𝙣𝙜, 𝙈𝙚𝙚𝙨𝙝𝙤'𝙨 𝙢𝙤𝙧𝙥𝙝𝙞𝙣𝙜 𝙞𝙣𝙩𝙤 𝙩𝙝𝙚 𝙍𝙤𝙗𝙞𝙣 𝙃𝙤𝙤𝙙 𝙤𝙛 𝙧𝙚𝙩𝙖𝙞𝙡, 𝙨𝙩𝙚𝙖𝙡𝙞𝙣𝙜 𝙢𝙖𝙧𝙠𝙚𝙩 𝙨𝙝𝙖𝙧𝙚 𝙛𝙧𝙤𝙢 𝙩𝙝𝙚 𝙧𝙞𝙘𝙝 𝙖𝙣𝙙 𝙜𝙞𝙫𝙞𝙣𝙜 𝙡𝙤𝙖𝙣𝙨 𝙩𝙤 𝙩𝙝𝙚 𝙥𝙤𝙤𝙧 (𝙬𝙚𝙡𝙡, 𝙧𝙚𝙡𝙖𝙩𝙞𝙫𝙚𝙡𝙮 𝙨𝙥𝙚𝙖𝙠𝙞𝙣𝙜). 𝙄𝙩'𝙨 𝙖 𝙙𝙚𝙡𝙞𝙘𝙖𝙩𝙚 𝙙𝙖𝙣𝙘𝙚: 𝙩𝙤𝙤 𝙢𝙪𝙘𝙝 𝙛𝙚𝙚, 𝙖𝙣𝙙 𝙢𝙚𝙧𝙘𝙝𝙖𝙣𝙩𝙨 𝙛𝙡𝙚𝙚; 𝙩𝙤𝙤 𝙡𝙞𝙩𝙩𝙡𝙚, 𝙖𝙣𝙙 𝙥𝙧𝙤𝙛𝙞𝙩𝙨 𝙥𝙡𝙪𝙢𝙢𝙚𝙩. 𝘽𝙪𝙩 𝙞𝙛 𝙈𝙚𝙚𝙨𝙝𝙤 𝙘𝙖𝙣 𝙬𝙖𝙡𝙩𝙯 𝙞𝙩𝙨 𝙬𝙖𝙮 𝙩𝙤 𝙩𝙝𝙚 𝙧𝙞𝙜𝙝𝙩 𝙧𝙖𝙩𝙞𝙤, 𝙞𝙩 𝙢𝙞𝙜𝙝𝙩 𝙟𝙪𝙨𝙩 𝙩𝙧𝙞𝙥 𝙪𝙥 𝙩𝙝𝙚 𝙚-𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝙩𝙞𝙩𝙖𝙣𝙨 𝙖𝙩 𝙩𝙝𝙚𝙞𝙧 𝙤𝙬𝙣 𝙜𝙖𝙢𝙚 💃

Source: The Arc - https://tinyurl.com/3y25k93k

𝟐. 𝐈𝐜𝐞 𝐜𝐫𝐞𝐚𝐦 𝐛𝐫𝐚𝐧𝐝 𝐇𝐨𝐜𝐜𝐨 𝐬𝐞𝐜𝐮𝐫𝐞𝐬 𝐑𝐬 𝟏𝟎𝟎 𝐜𝐫𝐨𝐫𝐞, 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐡𝐢𝐭𝐬 𝐑𝐬 𝟔𝟎𝟎 𝐜𝐫𝐨𝐫𝐞 🍨

Hocco, an Ahmedabad-based ice cream brand, has raised INR 100 Cr ($12 Mn) in a fresh funding round. The round was led by the company's promoter group, the Chona family, as well as existing investor Sauce VC. Angel investors like Bollywood producers Ritesh Sidhwani and Farhan Akhtar also participated in the round.

This primary capital infusion has valued Hocco at INR 600 Cr ($72 Mn) post-investment. The company plans to use these funds to expand its manufacturing capacity. Hocco's managing director, Ankit Chona, stated that the 8-month-old brand expects to reach INR 200 Cr ($24 Mn) in revenue by the fiscal year ending March 2025.

But here's the scoop: Hocco isn't just another startup. It's the Chona family's second ice cream act. In 2017, they sold their legacy brand Havmor to South Korean giant Lotte for ₹1,020 crore. Now, with Hocco targeting ₹200 crore revenue by 2025, they're proving you can have your ice cream and sell it too.

🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙃𝙤𝙘𝙘𝙤'𝙨 𝙨𝙬𝙚𝙚𝙩 𝙍𝙨 600 𝙘𝙧𝙤𝙧𝙚 𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣, 𝙟𝙪𝙨𝙩 8 𝙢𝙤𝙣𝙩𝙝𝙨 𝙥𝙤𝙨𝙩-𝙡𝙖𝙪𝙣𝙘𝙝, 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖𝙗𝙤𝙪𝙩 𝙨𝙘𝙤𝙤𝙥𝙨; 𝙞𝙩'𝙨 𝙖 𝙘𝙖𝙨𝙚 𝙨𝙩𝙪𝙙𝙮 𝙞𝙣 𝙗𝙧𝙖𝙣𝙙 𝙧𝙚𝙘𝙮𝙘𝙡𝙞𝙣𝙜. 𝘼𝙛𝙩𝙚𝙧 𝙨𝙚𝙡𝙡𝙞𝙣𝙜 𝙃𝙖𝙫𝙢𝙤𝙧 𝙩𝙤 𝙇𝙤𝙩𝙩𝙚, 𝙩𝙝𝙚 𝘾𝙝𝙤𝙣𝙖𝙨' 𝙧𝙖𝙥𝙞𝙙 𝙃𝙤𝙘𝙘𝙤 𝙧𝙞𝙨𝙚 𝙗𝙚𝙜𝙨 𝙩𝙝𝙚 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣: 𝙄𝙣 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧 𝙜𝙤𝙤𝙙𝙨 𝙨𝙥𝙖𝙘𝙚, 𝙞𝙨 𝙡𝙚𝙜𝙖𝙘𝙮 𝙗𝙧𝙖𝙣𝙙 𝘿𝙉𝘼 𝙢𝙤𝙧𝙚 𝙫𝙖𝙡𝙪𝙖𝙗𝙡𝙚 𝙩𝙝𝙖𝙣 𝙛𝙞𝙧𝙨𝙩-𝙢𝙤𝙫𝙚𝙧 𝙖𝙙𝙫𝙖𝙣𝙩𝙖𝙜𝙚? 𝙊𝙧 𝙖𝙧𝙚 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙨𝙞𝙢𝙥𝙡𝙮 𝙘𝙝𝙖𝙨𝙞𝙣𝙜 𝙛𝙖𝙢𝙞𝙡𝙞𝙖𝙧 𝙛𝙤𝙪𝙣𝙙𝙚𝙧𝙨, 𝙥𝙤𝙩𝙚𝙣𝙩𝙞𝙖𝙡𝙡𝙮 𝙤𝙫𝙚𝙧𝙝𝙚𝙖𝙩𝙞𝙣𝙜 𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣𝙨 𝙞𝙣 𝙩𝙝𝙚 𝙘𝙤𝙤𝙡 𝙩𝙧𝙚𝙖𝙩𝙨 𝙢𝙖𝙧𝙠𝙚𝙩?🍦

Source: Inc42 - https://tinyurl.com/ys4ncura

𝟑. 𝐂𝐮𝐥𝐭.𝐟𝐢𝐭 𝐠𝐨𝐢𝐧𝐠 𝐝𝐨𝐰𝐧 𝐭𝐡𝐞 𝐃𝐞𝐜𝐚𝐭𝐡𝐥𝐨𝐧 𝐫𝐨𝐮𝐭𝐞?

Cult fit, a leading Indian fitness company, is undergoing a strategic shift to focus on its e-commerce vertical, Cultsport, as a key driver of growth and profitability. According to the company's new CEO Naresh Krishnaswamy, Cultsport currently accounts for 30% of Cult fit's total revenue, but is expected to grow to 50% of revenue within the next 2-3 years.

This shift is driven by the strong brand credibility of Cult fit, which is helping the company rapidly expand its online fitness equipment and apparel business. Cultsport's hardline category, which includes products like treadmills, spin bikes and outdoor cycles, is a particularly strong performer, expected to grow 40-50% year-over-year.

While Cult fit's core gym business remains the largest revenue contributor at over 64% in FY23, the company is betting big on Cultsport to achieve full-year EBITDA profitability within a year. This strategic pivot comes as Cult fit has managed to significantly reduce its losses by 20% in FY23 compared to the previous year, even as its overall revenues tripled.

The company's focus on profitability is further underscored by its recent cost-cutting measures, including layoffs of around 120 employees. Cult fit is also working towards a public listing, as it looks to capitalize on the growing demand for organized fitness chains in the Indian market.

🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝘾𝙪𝙡𝙩.𝙛𝙞𝙩'𝙨 𝙥𝙞𝙫𝙤𝙩 𝙩𝙤 𝙢𝙖𝙠𝙚 𝘾𝙪𝙡𝙩𝙨𝙥𝙤𝙧𝙩 50% 𝙤𝙛 𝙧𝙚𝙫𝙚𝙣𝙪𝙚 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙙𝙞𝙫𝙚𝙧𝙨𝙞𝙛𝙞𝙘𝙖𝙩𝙞𝙤𝙣; 𝙞𝙩'𝙨 𝙖 𝙢𝙖𝙨𝙩𝙚𝙧𝙘𝙡𝙖𝙨𝙨 𝙞𝙣 𝙗𝙧𝙖𝙣𝙙 𝙖𝙧𝙗𝙞𝙩𝙧𝙖𝙜𝙚. 𝘽𝙮 𝙡𝙚𝙫𝙚𝙧𝙖𝙜𝙞𝙣𝙜 𝙞𝙩𝙨 𝙜𝙮𝙢-𝙜𝙤𝙚𝙧𝙨' 𝙡𝙤𝙮𝙖𝙡𝙩𝙮 𝙩𝙤 𝙨𝙚𝙡𝙡 𝙩𝙧𝙚𝙖𝙙𝙢𝙞𝙡𝙡𝙨 𝙖𝙣𝙙 𝙮𝙤𝙜𝙖 𝙥𝙖𝙣𝙩𝙨, 𝘾𝙪𝙡𝙩.𝙛𝙞𝙩 𝙞𝙨 𝙚𝙨𝙨𝙚𝙣𝙩𝙞𝙖𝙡𝙡𝙮 𝙜𝙚𝙩𝙩𝙞𝙣𝙜 𝙥𝙖𝙞𝙙 𝙩𝙬𝙞𝙘𝙚 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙨𝙖𝙢𝙚 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧 𝙢𝙞𝙣𝙙𝙨𝙝𝙖𝙧𝙚. 𝘽𝙪𝙩 𝙞𝙨 𝙩𝙝𝙞𝙨 𝙖 𝙨𝙪𝙨𝙩𝙖𝙞𝙣𝙖𝙗𝙡𝙚 𝙢𝙤𝙖𝙩 𝙤𝙧 𝙖 𝙨𝙝𝙤𝙧𝙩-𝙩𝙚𝙧𝙢 𝙨𝙪𝙜𝙖𝙧 𝙧𝙪𝙨𝙝? 𝙄𝙛 𝙚𝙫𝙚𝙧𝙮 𝙛𝙞𝙩𝙣𝙚𝙨𝙨 𝙘𝙝𝙖𝙞𝙣 𝙨𝙩𝙖𝙧𝙩𝙨 𝙨𝙚𝙡𝙡𝙞𝙣𝙜 𝙙𝙪𝙢𝙗𝙗𝙚𝙡𝙡𝙨, 𝙬𝙞𝙡𝙡 𝘾𝙪𝙡𝙩.𝙛𝙞𝙩'𝙨 𝙗𝙧𝙖𝙣𝙙 𝙝𝙖𝙡𝙤 𝙛𝙖𝙙𝙚, 𝙤𝙧 𝙝𝙖𝙨 𝙞𝙩 𝙘𝙧𝙖𝙘𝙠𝙚𝙙 𝙩𝙝𝙚 𝙘𝙤𝙙𝙚 𝙩𝙤 𝙗𝙚 𝙄𝙣𝙙𝙞𝙖'𝙨 𝘿𝙚𝙘𝙖𝙩𝙝𝙡𝙤𝙣, 𝙬𝙝𝙚𝙧𝙚 𝙩𝙝𝙚 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙨𝙚𝙡𝙡𝙨 𝙢𝙤𝙧𝙚 𝙩𝙝𝙖𝙣 𝙟𝙪𝙨𝙩 𝙩𝙝𝙚 𝙚𝙦𝙪𝙞𝙥𝙢𝙚𝙣𝙩? 🏋🏻

Source: The Arc - https://tinyurl.com/2awcnxbp

𝟒. 𝐁𝐢𝐳 𝐌𝐨𝐝𝐞𝐥 𝐎𝐯𝐞𝐫𝐡𝐚𝐮𝐥 𝐚𝐭 𝐏𝐚𝐢𝐬𝐚𝐁𝐚𝐳𝐚𝐚𝐫?

Paisabazaar, the credit marketplace owned by PB Fintech, is facing a major business model shift. Traditionally, Paisabazaar has focused on sourcing unsecured loan leads like credit cards and personal loans for its 70+ lending partners. This model has been highly profitable, contributing 95% of Paisabazaar's revenue and helping PB Fintech achieve its first annual profit.

However, the Reserve Bank of India has now discouraged lenders from offering small-ticket, collateral-free loans. As a result, Paisabazaar's lending partners have started moving away from unsecured loan leads, hampering the fintech's growth. To avoid further deceleration and regulatory scrutiny, Paisabazaar is now pivoting towards secured loans like home loans and loans against property.

This shift poses several challenges for Paisabazaar:
- 🏛️ Branch vs. Browser: Home loan hunters love the personal touch of bank branches. Can PaisaBazaar's algorithms charm them online?
- 🔄 One-and-Done Deals: Credit cards keep customers coming back. Mortgages? It's a once-in-a-lifetime click.
- 💰 Margin Meltdown: Secured loans pay peanuts compared to the unsecured jackpot

PaisaBazaar's countermove? Poaching banking bigwigs and data diving. But PB Fintech's top brass are sweating. Their profitability streak could snap faster than a subprime mortgage!

🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝙋𝙖𝙞𝙨𝙖𝘽𝙖𝙯𝙖𝙖𝙧'𝙨 𝙛𝙤𝙧𝙘𝙚𝙙 𝙢𝙖𝙧𝙘𝙝 𝙛𝙧𝙤𝙢 𝙝𝙞𝙜𝙝-𝙢𝙖𝙧𝙜𝙞𝙣, 𝙧𝙚𝙥𝙚𝙖𝙩-𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙪𝙣𝙨𝙚𝙘𝙪𝙧𝙚𝙙 𝙡𝙤𝙖𝙣𝙨 𝙩𝙤 𝙡𝙤𝙬-𝙢𝙖𝙧𝙜𝙞𝙣, 𝙤𝙣𝙚-𝙤𝙛𝙛 𝙨𝙚𝙘𝙪𝙧𝙚𝙙 𝙡𝙤𝙖𝙣𝙨 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙖 𝙥𝙞𝙫𝙤𝙩; 𝙞𝙩'𝙨 𝙖 𝙨𝙩𝙖𝙧𝙠 𝙧𝙚𝙢𝙞𝙣𝙙𝙚𝙧 𝙤𝙛 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙧𝙞𝙨𝙠 𝙞𝙣 𝙛𝙞𝙣𝙩𝙚𝙘𝙝. 𝘼𝙨 𝙍𝘽𝙄 𝙘𝙤𝙤𝙡𝙨 𝙩𝙝𝙚 𝙚𝙖𝙨𝙮-𝙘𝙧𝙚𝙙𝙞𝙩 𝙗𝙤𝙤𝙢, 𝙘𝙖𝙣 𝙋𝙖𝙞𝙨𝙖𝘽𝙖𝙯𝙖𝙖𝙧'𝙨 𝙙𝙖𝙩𝙖 𝙢𝙤𝙖𝙩 𝙖𝙣𝙙 𝙗𝙖𝙣𝙠𝙞𝙣𝙜 𝙝𝙞𝙧𝙚𝙨 𝙤𝙫𝙚𝙧𝙘𝙤𝙢𝙚 𝙩𝙝𝙚 𝙞𝙣𝙝𝙚𝙧𝙚𝙣𝙩 𝙛𝙧𝙞𝙘𝙩𝙞𝙤𝙣 𝙤𝙛 𝙩𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙧𝙩𝙜𝙖𝙜𝙚𝙨 𝙙𝙞𝙜𝙞𝙩𝙖𝙡? 𝙊𝙧 𝙬𝙞𝙡𝙡 𝙩𝙝𝙞𝙨 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙬𝙝𝙞𝙥𝙡𝙖𝙨𝙝 𝙨𝙚𝙣𝙙 𝙛𝙞𝙣𝙩𝙚𝙘𝙝𝙨 𝙨𝙘𝙪𝙧𝙧𝙮𝙞𝙣𝙜 𝙗𝙖𝙘𝙠 𝙩𝙤 𝙩𝙧𝙖𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 𝙗𝙖𝙣𝙠 𝙥𝙖𝙧𝙩𝙣𝙚𝙧𝙨𝙝𝙞𝙥𝙨, 𝙢𝙖𝙠𝙞𝙣𝙜 𝙩𝙝𝙚 '𝙙𝙞𝙜𝙞𝙩𝙖𝙡' 𝙞𝙣 𝙙𝙞𝙜𝙞𝙩𝙖𝙡 𝙡𝙚𝙣𝙙𝙞𝙣𝙜 𝙢𝙤𝙧𝙚 𝙥𝙧𝙤𝙢𝙞𝙨𝙚 𝙩𝙝𝙖𝙣 𝙥𝙧𝙤𝙛𝙞𝙩?

Source: The Ken - https://tinyurl.com/yc2rsymk
		
𝟓. 𝐀𝐦𝐚𝐳𝐨𝐧'𝐬 𝐌𝐗 𝐏𝐥𝐚𝐲𝐞𝐫 𝐏𝐥𝐚𝐲: 𝐒𝐜𝐨𝐨𝐩𝐢𝐧𝐠 𝐂𝐨𝐧𝐭𝐞𝐧𝐭, 𝐍𝐨𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

Recently we heard it on the Grapevine that Amazon is acquiring MX Player. Well, it turns out Amazon's not buying MX Player; it's cherry-picking its crown jewels. The e-commerce titan is snapping up select assets of the Times Internet-owned video streamer in what's whispered as a $50 million "distress sale."

This isn't a merger; it's media surgery. Amazon's scalpel is aimed at MX's content library, tech, and user base, leaving the corporate liabilities on the operating table. It's a power move to juice up Prime Video and miniTV in India's cutthroat streaming wars.

The deal includes MX's brain trust, with CEO Karan Bedi and team joining Amazon's ranks. But the real prize? Content, not control.

🍇 𝙛𝙤𝙧 𝙏𝙝𝙤𝙪𝙜𝙝𝙩: 𝘼𝙢𝙖𝙯𝙤𝙣'𝙨 𝙘𝙝𝙚𝙧𝙧𝙮-𝙥𝙞𝙘𝙠𝙞𝙣𝙜 𝙤𝙛 𝙈𝙓 𝙋𝙡𝙖𝙮𝙚𝙧'𝙨 𝙖𝙨𝙨𝙚𝙩𝙨 𝙞𝙣 𝙖 "𝙙𝙞𝙨𝙩𝙧𝙚𝙨𝙨 𝙨𝙖𝙡𝙚" 𝙞𝙨𝙣'𝙩 𝙟𝙪𝙨𝙩 𝙗𝙖𝙧𝙜𝙖𝙞𝙣 𝙝𝙪𝙣𝙩𝙞𝙣𝙜; 𝙞𝙩'𝙨 𝙨𝙪𝙧𝙜𝙞𝙘𝙖𝙡 𝙘𝙤𝙣𝙩𝙚𝙣𝙩 𝙖𝙘𝙦𝙪𝙞𝙨𝙞𝙩𝙞𝙤𝙣. 𝘽𝙮 𝙨𝙣𝙖𝙜𝙜𝙞𝙣𝙜 𝙈𝙓'𝙨 𝙘𝙤𝙣𝙩𝙚𝙣𝙩 𝙘𝙧𝙤𝙬𝙣 𝙟𝙚𝙬𝙚𝙡𝙨 𝙖𝙣𝙙 𝙗𝙧𝙖𝙞𝙣 𝙩𝙧𝙪𝙨𝙩 𝙬𝙞𝙩𝙝𝙤𝙪𝙩 𝙩𝙝𝙚 𝙛𝙪𝙡𝙡 𝙘𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙚 𝙗𝙖𝙜𝙜𝙖𝙜𝙚, 𝙞𝙨 𝘼𝙢𝙖𝙯𝙤𝙣 𝙬𝙧𝙞𝙩𝙞𝙣𝙜 𝙩𝙝𝙚 𝙥𝙡𝙖𝙮𝙗𝙤𝙤𝙠 𝙛𝙤𝙧 𝙝𝙤𝙬 𝘽𝙞𝙜 𝙏𝙚𝙘𝙝 𝙘𝙖𝙣 𝙛𝙚𝙖𝙨𝙩 𝙤𝙣 𝙨𝙩𝙧𝙪𝙜𝙜𝙡𝙞𝙣𝙜 𝙡𝙤𝙘𝙖𝙡 𝙘𝙝𝙖𝙢𝙥𝙞𝙤𝙣𝙨? 𝙊𝙧 𝙬𝙞𝙡𝙡 𝙩𝙝𝙞𝙨 𝙥𝙞𝙚𝙘𝙚𝙢𝙚𝙖𝙡 𝙖𝙥𝙥𝙧𝙤𝙖𝙘𝙝 𝙡𝙚𝙖𝙫𝙚 𝘼𝙢𝙖𝙯𝙤𝙣 𝙬𝙞𝙩𝙝 𝙖 𝙘𝙤𝙣𝙩𝙚𝙣𝙩 𝙢𝙤𝙨𝙖𝙞𝙘 𝙩𝙝𝙖𝙩 𝙛𝙖𝙞𝙡𝙨 𝙩𝙤 𝙘𝙖𝙥𝙩𝙪𝙧𝙚 𝙈𝙓'𝙨 𝙡𝙤𝙘𝙖𝙡 𝙛𝙡𝙖𝙫𝙤𝙧, 𝙥𝙧𝙤𝙫𝙞𝙣𝙜 𝙩𝙝𝙖𝙩 𝙞𝙣 𝙄𝙣𝙙𝙞𝙖'𝙨 𝙢𝙚𝙙𝙞𝙖 𝙢𝙚𝙡𝙩𝙞𝙣𝙜 𝙥𝙤𝙩, 𝙘𝙤𝙣𝙩𝙚𝙭𝙩 𝙢𝙞𝙜𝙝𝙩 𝙗𝙚 𝙩𝙝𝙚 𝙠𝙞𝙣𝙜 𝙩𝙝𝙖𝙩 𝙚𝙫𝙚𝙣 𝘼𝙢𝙖𝙯𝙤𝙣 𝙘𝙖𝙣'𝙩 “𝙥𝙧𝙞𝙢𝙚” 𝙛𝙤𝙧 𝙙𝙚𝙡𝙞𝙫𝙚𝙧𝙮 😉

Source: Entrackr - https://tinyurl.com/yc3f6s5v

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The Morning Vine: Fresh Brew for Your Office Commute 📰

Nandini ♥️

Data engineer

Please share some good ideas of business to do in tier-3 cities.

Business Ideas

- 42% of this will be Grocery, followed by Fashion at 24%
- 65% of D2C brand sales expected to be driven by Marketplaces (as they are today) 
- Today, 92% of retail is offline. By 2027, 89% of retail will be still offline (fair)

India D2C market expected to go from $16.9Bn in '23 to $61Bn in '27

Which startup should be next lead sponsor of BCCI

👇🏽 who are some founders/leaders that you actually like and believe will be able to make great things happen. 

They don’t need to be famous.

🪡 Founders - who get it right?

Sriharsha from Swiggy. Doesn’t believe in personal pr, branding. Busy in building.

Growth Manager

Head Of Growth

- Mukesh Ambani, Asia's richest man, is intensifying his efforts to dominate India's affordable fashion market by partnering with Chinese e-commerce giant Shein.
- Tata Group's Trent Ltd. has seen a significant surge in sales and profits, driven by its fast-fashion brand Zudio, which appeals to young consumers with trendy, low-cost clothing.
- Reliance Industries Ltd. has invested over $2 billion in its retail unit and raised an additional $6 billion from global investors, aiming for a blockbuster IPO.
- Shein's reentry into the Indian market, facilitated by Reliance, could be a game-changer as Ambani seeks to capture the fast-fashion crown.
- The competition between Ambani and Noel Tata is set to intensify, promising more choices for young Indian consumers in the under-$12 fashion segment. 

 Source: [Business Standard](https://www.business-standard.com/companies/news/ambani-takes-shein-s-help-to-battle-tata-in-race-to-sell-affordable-fashion-124082000066_1.html)

Ambani Enlists Shein to Compete with Tata in Affordable Fashion Market

Let's examine a snapshot of the Swiggy Engineering VPs' status from three months ago and compare it to their current situation.

CTO Dale departed just yesterday.
Storefront - Madhu has been promoted to the role of CTO, and we are awaiting the appointment of a new VP.
ATS - Ashish is currently serving his notice period.
MFP - Piyush has left the company, and Soumya has taken on additional responsibilities.
RNG - Nitesh is currently interviewing with other firms.
DIP - Soumya is still performing well in their role.
DevOps - Anurodh is in charge.
Location Intelligence - Pradnya is currently serving her notice period.

One potential reason for their departure is the recent devaluation, which has resulted in an unofficial 50% reduction in the value of the ESOPs. Given the minimal salary increases, unless prompt action is taken by the remaining leadership, this ship will inevitably sink!

PS The engineers at Swiggy are aware of the alternative interpretation of SOS.

Swiggy SOS

yaar pehli baat to ye ki don't assume that everyone knows the meaning of those god damned  abbreviations ....

Data Scientist

Opening a VC fund has become kind of a cool side hustle

With all these influencers trying to dabble with Early Stage Venture Capital- there's Shikhar Dhawan with his own sports fund. Tanmay bhatt announced one on his linkedin a few months ago. Even Mini Linkedin Influencers are doing this. 

Then there's a ton of founders who in the name of "giving back to the community" have started opening a syndicate/or even a fund. Angel investing is different. Common you are an active CEO of a company. Go fnking build it. Grow you income not your savings. There's a long list. Dont want to pin point people. The whole Mojocare fiasco was Because the founder was using fake revenues/inventory to angel invest!

What are your thoughts? I dont think they will survive more than a cycle.

Influencer VCs

Venture Capital

Does anyone here know about any tech startups trying to work on cricket or other sports in general. In case you're building something and want to discuss, I would like to hear about it and if possible contribute towards building it.

Tech Startups Related To Cricket

Founder

From someone in their tech team, got to know very curious insights. 

CrickPe is built on Solidity smart contracts that automatically enforce performance bonuses for cricketers. 

However, the underlying logic is enforced on an ELO based system with log-normal rewards. Essentially, if a cricketer rewards are:

Reward = Expected(reward) +- log(performance). 

Their ELO is similarly adjusted on a match by match basis. 

Also,
Insider reveal is that, VC community is keen on investing and Ashneer is considering raising funds but has made clear that he is willing to liquidate only till he has majority stake in the venture, although aiming at closer to ~75%.

Also, they are experimenting with NFTs linked to rewards that give you insider access to pre-game locker room access with your favourite teams, flying you out to international matches abroad, etc. This will also be tradeable in-app. They are apparently looking for Blockchain Devs/interns for that.

Finally, the biggest news. They’ve apparently launched a bid to get a fan-experience zone specific to CrickPe in the stadiums during IPL. The plan is to sell these tickets at a higher cost. Fans who watch games from this zone get to play a special variant where the highest scorer is given their reward from the MOTM.

Sachin Tendulkar Launches New Sports Athleisure Brand

Discover More

Indian Startups on

by Jordon Lee

Venture Capital

Ex Puma India MD raises ~$12Mn for a new sportswear brand 😮😮

Misc on

by Kendall Lee

Gojek

[Thread] Who according to you is the most legendary figure in human history? Also, Why?

News Discussion on

by Jordon Gabriel

Grapevine

Zomato CEO Deepinder Goyal Launches Health Venture 'Continue'

Memes on

by Jordon Taye

Stealth

Asli Catphising to Sachin Bansal he kar rhe hain 🤣

Indian Startups on

by Karilyn Carmden

Stealth

120 million USD gone in 15 months

News Discussion on

by Aaron Lee

Grapevine

2021 level craze is back?

Business Roles on

by Aaron Hyrum

Enterpreneur

Be A Owner/ Develop other source of income

Indian Startups on

by Kendall Dean

Entrepreneur

Whom do you look up to in the Indian Entrepreneurs & why?

News Discussion on

by Karilyn Denver

Stealth

Selective/Fake outrage: Is this limited to the upper middle class?

News Discussion on

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