CosmicTaco
CosmicTaco

The Morning Vine: Fresh Brew for Your Office Commute ๐Ÿ“ฐ

๐Ÿ. ๐Œ๐จ๐ง๐ž๐ญ๐ข๐ฌ๐š๐ญ๐ข๐จ๐ง ๐ซ๐ž๐ฃ๐ข๐  ๐š๐ญ ๐Œ๐ž๐ž๐ฌ๐ก๐จ; ๐๐จ๐ฎ๐›๐ฅ๐ž ๐๐จ๐ฐ๐ง๐ฌ ๐จ๐ง ๐ฌ๐ž๐ฅ๐ฅ๐ž๐ซ ๐ฅ๐จ๐š๐ง๐ฌ

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?

๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐™ˆ๐™š๐™š๐™จ๐™๐™ค'๐™จ 2% ๐™ฅ๐™ก๐™–๐™ฉ๐™›๐™ค๐™ง๐™ข ๐™›๐™š๐™š ๐™ฅ๐™ก๐™–๐™ฎ ๐™ž๐™จ๐™ฃ'๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™– ๐™ง๐™š๐™ซ๐™š๐™ฃ๐™ช๐™š ๐™ฉ๐™ฌ๐™š๐™–๐™ ; ๐™ž๐™ฉ'๐™จ ๐™– ๐™ฉ๐™ž๐™œ๐™๐™ฉ๐™ง๐™ค๐™ฅ๐™š ๐™–๐™˜๐™ฉ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™˜๐™ช๐™ฉ-๐™ฉ๐™๐™ง๐™ค๐™–๐™ฉ ๐™ฌ๐™ค๐™ง๐™ก๐™™ ๐™ค๐™› ๐™š-๐™˜๐™ค๐™ข๐™ข๐™š๐™ง๐™˜๐™š. ๐˜ฝ๐™ฎ ๐™ช๐™ฃ๐™™๐™š๐™ง๐™˜๐™ช๐™ฉ๐™ฉ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š ๐™—๐™ž๐™œ ๐™—๐™ค๐™ฎ๐™จ' ๐™˜๐™ค๐™ข๐™ข๐™ž๐™จ๐™จ๐™ž๐™ค๐™ฃ๐™จ, ๐™ˆ๐™š๐™š๐™จ๐™๐™ค'๐™จ ๐™ฌ๐™ค๐™ค๐™ž๐™ฃ๐™œ ๐™ข๐™š๐™ง๐™˜๐™๐™–๐™ฃ๐™ฉ๐™จ ๐™ฌ๐™ž๐™ฉ๐™ ๐™– ๐™จ๐™ž๐™ง๐™š๐™ฃ ๐™จ๐™ค๐™ฃ๐™œ ๐™ค๐™› ๐™จ๐™–๐™ซ๐™ž๐™ฃ๐™œ๐™จ. ๐˜ฝ๐™ช๐™ฉ ๐™ฉ๐™๐™š ๐™ง๐™š๐™–๐™ก ๐™ข๐™–๐™จ๐™ฉ๐™š๐™ง๐™จ๐™ฉ๐™ง๐™ค๐™ ๐™š? ๐˜ฟ๐™ค๐™ช๐™—๐™ก๐™ž๐™ฃ๐™œ ๐™™๐™ค๐™ฌ๐™ฃ ๐™ค๐™ฃ ๐™จ๐™š๐™ก๐™ก๐™š๐™ง ๐™›๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™ž๐™ฃ๐™œ. ๐™„๐™ฃ ๐™– ๐™ก๐™–๐™ฃ๐™™ ๐™ฌ๐™๐™š๐™ง๐™š ๐™˜๐™ง๐™š๐™™๐™ž๐™ฉ ๐™ž๐™จ ๐™ ๐™ž๐™ฃ๐™œ, ๐™ˆ๐™š๐™š๐™จ๐™๐™ค'๐™จ ๐™ข๐™ค๐™ง๐™ฅ๐™๐™ž๐™ฃ๐™œ ๐™ž๐™ฃ๐™ฉ๐™ค ๐™ฉ๐™๐™š ๐™๐™ค๐™—๐™ž๐™ฃ ๐™ƒ๐™ค๐™ค๐™™ ๐™ค๐™› ๐™ง๐™š๐™ฉ๐™–๐™ž๐™ก, ๐™จ๐™ฉ๐™š๐™–๐™ก๐™ž๐™ฃ๐™œ ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ ๐™จ๐™๐™–๐™ง๐™š ๐™›๐™ง๐™ค๐™ข ๐™ฉ๐™๐™š ๐™ง๐™ž๐™˜๐™ ๐™–๐™ฃ๐™™ ๐™œ๐™ž๐™ซ๐™ž๐™ฃ๐™œ ๐™ก๐™ค๐™–๐™ฃ๐™จ ๐™ฉ๐™ค ๐™ฉ๐™๐™š ๐™ฅ๐™ค๐™ค๐™ง (๐™ฌ๐™š๐™ก๐™ก, ๐™ง๐™š๐™ก๐™–๐™ฉ๐™ž๐™ซ๐™š๐™ก๐™ฎ ๐™จ๐™ฅ๐™š๐™–๐™ ๐™ž๐™ฃ๐™œ). ๐™„๐™ฉ'๐™จ ๐™– ๐™™๐™š๐™ก๐™ž๐™˜๐™–๐™ฉ๐™š ๐™™๐™–๐™ฃ๐™˜๐™š: ๐™ฉ๐™ค๐™ค ๐™ข๐™ช๐™˜๐™ ๐™›๐™š๐™š, ๐™–๐™ฃ๐™™ ๐™ข๐™š๐™ง๐™˜๐™๐™–๐™ฃ๐™ฉ๐™จ ๐™›๐™ก๐™š๐™š; ๐™ฉ๐™ค๐™ค ๐™ก๐™ž๐™ฉ๐™ฉ๐™ก๐™š, ๐™–๐™ฃ๐™™ ๐™ฅ๐™ง๐™ค๐™›๐™ž๐™ฉ๐™จ ๐™ฅ๐™ก๐™ช๐™ข๐™ข๐™š๐™ฉ. ๐˜ฝ๐™ช๐™ฉ ๐™ž๐™› ๐™ˆ๐™š๐™š๐™จ๐™๐™ค ๐™˜๐™–๐™ฃ ๐™ฌ๐™–๐™ก๐™ฉ๐™ฏ ๐™ž๐™ฉ๐™จ ๐™ฌ๐™–๐™ฎ ๐™ฉ๐™ค ๐™ฉ๐™๐™š ๐™ง๐™ž๐™œ๐™๐™ฉ ๐™ง๐™–๐™ฉ๐™ž๐™ค, ๐™ž๐™ฉ ๐™ข๐™ž๐™œ๐™๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™ฉ๐™ง๐™ž๐™ฅ ๐™ช๐™ฅ ๐™ฉ๐™๐™š ๐™š-๐™˜๐™ค๐™ข๐™ข๐™š๐™ง๐™˜๐™š ๐™ฉ๐™ž๐™ฉ๐™–๐™ฃ๐™จ ๐™–๐™ฉ ๐™ฉ๐™๐™š๐™ž๐™ง ๐™ค๐™ฌ๐™ฃ ๐™œ๐™–๐™ข๐™š ๐Ÿ’ƒ

Source: The Arc - https://tinyurl.com/3y25k93k

๐Ÿ. ๐ˆ๐œ๐ž ๐œ๐ซ๐ž๐š๐ฆ ๐›๐ซ๐š๐ง๐ ๐‡๐จ๐œ๐œ๐จ ๐ฌ๐ž๐œ๐ฎ๐ซ๐ž๐ฌ ๐‘๐ฌ ๐Ÿ๐ŸŽ๐ŸŽ ๐œ๐ซ๐จ๐ซ๐ž, ๐ฏ๐š๐ฅ๐ฎ๐š๐ญ๐ข๐จ๐ง ๐ก๐ข๐ญ๐ฌ ๐‘๐ฌ ๐Ÿ”๐ŸŽ๐ŸŽ ๐œ๐ซ๐จ๐ซ๐ž ๐Ÿจ

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 โ‚น1,020 crore. Now, with Hocco targeting โ‚น200 crore revenue by 2025, they're proving you can have your ice cream and sell it too.

๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐™ƒ๐™ค๐™˜๐™˜๐™ค'๐™จ ๐™จ๐™ฌ๐™š๐™š๐™ฉ ๐™๐™จ 600 ๐™˜๐™ง๐™ค๐™ง๐™š ๐™ซ๐™–๐™ก๐™ช๐™–๐™ฉ๐™ž๐™ค๐™ฃ, ๐™Ÿ๐™ช๐™จ๐™ฉ 8 ๐™ข๐™ค๐™ฃ๐™ฉ๐™๐™จ ๐™ฅ๐™ค๐™จ๐™ฉ-๐™ก๐™–๐™ช๐™ฃ๐™˜๐™, ๐™ž๐™จ๐™ฃ'๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™–๐™—๐™ค๐™ช๐™ฉ ๐™จ๐™˜๐™ค๐™ค๐™ฅ๐™จ; ๐™ž๐™ฉ'๐™จ ๐™– ๐™˜๐™–๐™จ๐™š ๐™จ๐™ฉ๐™ช๐™™๐™ฎ ๐™ž๐™ฃ ๐™—๐™ง๐™–๐™ฃ๐™™ ๐™ง๐™š๐™˜๐™ฎ๐™˜๐™ก๐™ž๐™ฃ๐™œ. ๐˜ผ๐™›๐™ฉ๐™š๐™ง ๐™จ๐™š๐™ก๐™ก๐™ž๐™ฃ๐™œ ๐™ƒ๐™–๐™ซ๐™ข๐™ค๐™ง ๐™ฉ๐™ค ๐™‡๐™ค๐™ฉ๐™ฉ๐™š, ๐™ฉ๐™๐™š ๐˜พ๐™๐™ค๐™ฃ๐™–๐™จ' ๐™ง๐™–๐™ฅ๐™ž๐™™ ๐™ƒ๐™ค๐™˜๐™˜๐™ค ๐™ง๐™ž๐™จ๐™š ๐™—๐™š๐™œ๐™จ ๐™ฉ๐™๐™š ๐™ฆ๐™ช๐™š๐™จ๐™ฉ๐™ž๐™ค๐™ฃ: ๐™„๐™ฃ ๐™„๐™ฃ๐™™๐™ž๐™–'๐™จ ๐™˜๐™ค๐™ฃ๐™จ๐™ช๐™ข๐™š๐™ง ๐™œ๐™ค๐™ค๐™™๐™จ ๐™จ๐™ฅ๐™–๐™˜๐™š, ๐™ž๐™จ ๐™ก๐™š๐™œ๐™–๐™˜๐™ฎ ๐™—๐™ง๐™–๐™ฃ๐™™ ๐˜ฟ๐™‰๐˜ผ ๐™ข๐™ค๐™ง๐™š ๐™ซ๐™–๐™ก๐™ช๐™–๐™—๐™ก๐™š ๐™ฉ๐™๐™–๐™ฃ ๐™›๐™ž๐™ง๐™จ๐™ฉ-๐™ข๐™ค๐™ซ๐™š๐™ง ๐™–๐™™๐™ซ๐™–๐™ฃ๐™ฉ๐™–๐™œ๐™š? ๐™Š๐™ง ๐™–๐™ง๐™š ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ค๐™ง๐™จ ๐™จ๐™ž๐™ข๐™ฅ๐™ก๐™ฎ ๐™˜๐™๐™–๐™จ๐™ž๐™ฃ๐™œ ๐™›๐™–๐™ข๐™ž๐™ก๐™ž๐™–๐™ง ๐™›๐™ค๐™ช๐™ฃ๐™™๐™š๐™ง๐™จ, ๐™ฅ๐™ค๐™ฉ๐™š๐™ฃ๐™ฉ๐™ž๐™–๐™ก๐™ก๐™ฎ ๐™ค๐™ซ๐™š๐™ง๐™๐™š๐™–๐™ฉ๐™ž๐™ฃ๐™œ ๐™ซ๐™–๐™ก๐™ช๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™จ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™˜๐™ค๐™ค๐™ก ๐™ฉ๐™ง๐™š๐™–๐™ฉ๐™จ ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ?๐Ÿฆ

Source: Inc42 - https://tinyurl.com/ys4ncura

๐Ÿ‘. ๐‚๐ฎ๐ฅ๐ญ.๐Ÿ๐ข๐ญ ๐ ๐จ๐ข๐ง๐  ๐๐จ๐ฐ๐ง ๐ญ๐ก๐ž ๐ƒ๐ž๐œ๐š๐ญ๐ก๐ฅ๐จ๐ง ๐ซ๐จ๐ฎ๐ญ๐ž?

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.

๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐˜พ๐™ช๐™ก๐™ฉ.๐™›๐™ž๐™ฉ'๐™จ ๐™ฅ๐™ž๐™ซ๐™ค๐™ฉ ๐™ฉ๐™ค ๐™ข๐™–๐™ ๐™š ๐˜พ๐™ช๐™ก๐™ฉ๐™จ๐™ฅ๐™ค๐™ง๐™ฉ 50% ๐™ค๐™› ๐™ง๐™š๐™ซ๐™š๐™ฃ๐™ช๐™š ๐™ž๐™จ๐™ฃ'๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™™๐™ž๐™ซ๐™š๐™ง๐™จ๐™ž๐™›๐™ž๐™˜๐™–๐™ฉ๐™ž๐™ค๐™ฃ; ๐™ž๐™ฉ'๐™จ ๐™– ๐™ข๐™–๐™จ๐™ฉ๐™š๐™ง๐™˜๐™ก๐™–๐™จ๐™จ ๐™ž๐™ฃ ๐™—๐™ง๐™–๐™ฃ๐™™ ๐™–๐™ง๐™—๐™ž๐™ฉ๐™ง๐™–๐™œ๐™š. ๐˜ฝ๐™ฎ ๐™ก๐™š๐™ซ๐™š๐™ง๐™–๐™œ๐™ž๐™ฃ๐™œ ๐™ž๐™ฉ๐™จ ๐™œ๐™ฎ๐™ข-๐™œ๐™ค๐™š๐™ง๐™จ' ๐™ก๐™ค๐™ฎ๐™–๐™ก๐™ฉ๐™ฎ ๐™ฉ๐™ค ๐™จ๐™š๐™ก๐™ก ๐™ฉ๐™ง๐™š๐™–๐™™๐™ข๐™ž๐™ก๐™ก๐™จ ๐™–๐™ฃ๐™™ ๐™ฎ๐™ค๐™œ๐™– ๐™ฅ๐™–๐™ฃ๐™ฉ๐™จ, ๐˜พ๐™ช๐™ก๐™ฉ.๐™›๐™ž๐™ฉ ๐™ž๐™จ ๐™š๐™จ๐™จ๐™š๐™ฃ๐™ฉ๐™ž๐™–๐™ก๐™ก๐™ฎ ๐™œ๐™š๐™ฉ๐™ฉ๐™ž๐™ฃ๐™œ ๐™ฅ๐™–๐™ž๐™™ ๐™ฉ๐™ฌ๐™ž๐™˜๐™š ๐™›๐™ค๐™ง ๐™ฉ๐™๐™š ๐™จ๐™–๐™ข๐™š ๐™˜๐™ช๐™จ๐™ฉ๐™ค๐™ข๐™š๐™ง ๐™ข๐™ž๐™ฃ๐™™๐™จ๐™๐™–๐™ง๐™š. ๐˜ฝ๐™ช๐™ฉ ๐™ž๐™จ ๐™ฉ๐™๐™ž๐™จ ๐™– ๐™จ๐™ช๐™จ๐™ฉ๐™–๐™ž๐™ฃ๐™–๐™—๐™ก๐™š ๐™ข๐™ค๐™–๐™ฉ ๐™ค๐™ง ๐™– ๐™จ๐™๐™ค๐™ง๐™ฉ-๐™ฉ๐™š๐™ง๐™ข ๐™จ๐™ช๐™œ๐™–๐™ง ๐™ง๐™ช๐™จ๐™? ๐™„๐™› ๐™š๐™ซ๐™š๐™ง๐™ฎ ๐™›๐™ž๐™ฉ๐™ฃ๐™š๐™จ๐™จ ๐™˜๐™๐™–๐™ž๐™ฃ ๐™จ๐™ฉ๐™–๐™ง๐™ฉ๐™จ ๐™จ๐™š๐™ก๐™ก๐™ž๐™ฃ๐™œ ๐™™๐™ช๐™ข๐™—๐™—๐™š๐™ก๐™ก๐™จ, ๐™ฌ๐™ž๐™ก๐™ก ๐˜พ๐™ช๐™ก๐™ฉ.๐™›๐™ž๐™ฉ'๐™จ ๐™—๐™ง๐™–๐™ฃ๐™™ ๐™๐™–๐™ก๐™ค ๐™›๐™–๐™™๐™š, ๐™ค๐™ง ๐™๐™–๐™จ ๐™ž๐™ฉ ๐™˜๐™ง๐™–๐™˜๐™ ๐™š๐™™ ๐™ฉ๐™๐™š ๐™˜๐™ค๐™™๐™š ๐™ฉ๐™ค ๐™—๐™š ๐™„๐™ฃ๐™™๐™ž๐™–'๐™จ ๐˜ฟ๐™š๐™˜๐™–๐™ฉ๐™๐™ก๐™ค๐™ฃ, ๐™ฌ๐™๐™š๐™ง๐™š ๐™ฉ๐™๐™š ๐™š๐™ญ๐™ฅ๐™š๐™ง๐™ž๐™š๐™ฃ๐™˜๐™š ๐™จ๐™š๐™ก๐™ก๐™จ ๐™ข๐™ค๐™ง๐™š ๐™ฉ๐™๐™–๐™ฃ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™ฉ๐™๐™š ๐™š๐™ฆ๐™ช๐™ž๐™ฅ๐™ข๐™š๐™ฃ๐™ฉ? ๐Ÿ‹๐Ÿป

Source: The Arc - https://tinyurl.com/2awcnxbp

๐Ÿ’. ๐๐ข๐ณ ๐Œ๐จ๐๐ž๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ก๐š๐ฎ๐ฅ ๐š๐ญ ๐๐š๐ข๐ฌ๐š๐๐š๐ณ๐š๐š๐ซ?

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:

  • ๐Ÿ›๏ธ Branch vs. Browser: Home loan hunters love the personal touch of bank branches. Can PaisaBazaar's algorithms charm them online?
  • ๐Ÿ”„ One-and-Done Deals: Credit cards keep customers coming back. Mortgages? It's a once-in-a-lifetime click.
  • ๐Ÿ’ฐ 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!

๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐™‹๐™–๐™ž๐™จ๐™–๐˜ฝ๐™–๐™ฏ๐™–๐™–๐™ง'๐™จ ๐™›๐™ค๐™ง๐™˜๐™š๐™™ ๐™ข๐™–๐™ง๐™˜๐™ ๐™›๐™ง๐™ค๐™ข ๐™๐™ž๐™œ๐™-๐™ข๐™–๐™ง๐™œ๐™ž๐™ฃ, ๐™ง๐™š๐™ฅ๐™š๐™–๐™ฉ-๐™—๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐™ช๐™ฃ๐™จ๐™š๐™˜๐™ช๐™ง๐™š๐™™ ๐™ก๐™ค๐™–๐™ฃ๐™จ ๐™ฉ๐™ค ๐™ก๐™ค๐™ฌ-๐™ข๐™–๐™ง๐™œ๐™ž๐™ฃ, ๐™ค๐™ฃ๐™š-๐™ค๐™›๐™› ๐™จ๐™š๐™˜๐™ช๐™ง๐™š๐™™ ๐™ก๐™ค๐™–๐™ฃ๐™จ ๐™ž๐™จ๐™ฃ'๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™– ๐™ฅ๐™ž๐™ซ๐™ค๐™ฉ; ๐™ž๐™ฉ'๐™จ ๐™– ๐™จ๐™ฉ๐™–๐™ง๐™  ๐™ง๐™š๐™ข๐™ž๐™ฃ๐™™๐™š๐™ง ๐™ค๐™› ๐™ง๐™š๐™œ๐™ช๐™ก๐™–๐™ฉ๐™ค๐™ง๐™ฎ ๐™ง๐™ž๐™จ๐™  ๐™ž๐™ฃ ๐™›๐™ž๐™ฃ๐™ฉ๐™š๐™˜๐™. ๐˜ผ๐™จ ๐™๐˜ฝ๐™„ ๐™˜๐™ค๐™ค๐™ก๐™จ ๐™ฉ๐™๐™š ๐™š๐™–๐™จ๐™ฎ-๐™˜๐™ง๐™š๐™™๐™ž๐™ฉ ๐™—๐™ค๐™ค๐™ข, ๐™˜๐™–๐™ฃ ๐™‹๐™–๐™ž๐™จ๐™–๐˜ฝ๐™–๐™ฏ๐™–๐™–๐™ง'๐™จ ๐™™๐™–๐™ฉ๐™– ๐™ข๐™ค๐™–๐™ฉ ๐™–๐™ฃ๐™™ ๐™—๐™–๐™ฃ๐™ ๐™ž๐™ฃ๐™œ ๐™๐™ž๐™ง๐™š๐™จ ๐™ค๐™ซ๐™š๐™ง๐™˜๐™ค๐™ข๐™š ๐™ฉ๐™๐™š ๐™ž๐™ฃ๐™๐™š๐™ง๐™š๐™ฃ๐™ฉ ๐™›๐™ง๐™ž๐™˜๐™ฉ๐™ž๐™ค๐™ฃ ๐™ค๐™› ๐™ฉ๐™–๐™ ๐™ž๐™ฃ๐™œ ๐™ข๐™ค๐™ง๐™ฉ๐™œ๐™–๐™œ๐™š๐™จ ๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก? ๐™Š๐™ง ๐™ฌ๐™ž๐™ก๐™ก ๐™ฉ๐™๐™ž๐™จ ๐™ง๐™š๐™œ๐™ช๐™ก๐™–๐™ฉ๐™ค๐™ง๐™ฎ ๐™ฌ๐™๐™ž๐™ฅ๐™ก๐™–๐™จ๐™ ๐™จ๐™š๐™ฃ๐™™ ๐™›๐™ž๐™ฃ๐™ฉ๐™š๐™˜๐™๐™จ ๐™จ๐™˜๐™ช๐™ง๐™ง๐™ฎ๐™ž๐™ฃ๐™œ ๐™—๐™–๐™˜๐™  ๐™ฉ๐™ค ๐™ฉ๐™ง๐™–๐™™๐™ž๐™ฉ๐™ž๐™ค๐™ฃ๐™–๐™ก ๐™—๐™–๐™ฃ๐™  ๐™ฅ๐™–๐™ง๐™ฉ๐™ฃ๐™š๐™ง๐™จ๐™๐™ž๐™ฅ๐™จ, ๐™ข๐™–๐™ ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š '๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก' ๐™ž๐™ฃ ๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก ๐™ก๐™š๐™ฃ๐™™๐™ž๐™ฃ๐™œ ๐™ข๐™ค๐™ง๐™š ๐™ฅ๐™ง๐™ค๐™ข๐™ž๐™จ๐™š ๐™ฉ๐™๐™–๐™ฃ ๐™ฅ๐™ง๐™ค๐™›๐™ž๐™ฉ?

Source: The Ken - https://tinyurl.com/yc2rsymk

๐Ÿ“. ๐€๐ฆ๐š๐ณ๐จ๐ง'๐ฌ ๐Œ๐— ๐๐ฅ๐š๐ฒ๐ž๐ซ ๐๐ฅ๐š๐ฒ: ๐’๐œ๐จ๐จ๐ฉ๐ข๐ง๐  ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ, ๐๐จ๐ญ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

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.

๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐˜ผ๐™ข๐™–๐™ฏ๐™ค๐™ฃ'๐™จ ๐™˜๐™๐™š๐™ง๐™ง๐™ฎ-๐™ฅ๐™ž๐™˜๐™ ๐™ž๐™ฃ๐™œ ๐™ค๐™› ๐™ˆ๐™“ ๐™‹๐™ก๐™–๐™ฎ๐™š๐™ง'๐™จ ๐™–๐™จ๐™จ๐™š๐™ฉ๐™จ ๐™ž๐™ฃ ๐™– "๐™™๐™ž๐™จ๐™ฉ๐™ง๐™š๐™จ๐™จ ๐™จ๐™–๐™ก๐™š" ๐™ž๐™จ๐™ฃ'๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™—๐™–๐™ง๐™œ๐™–๐™ž๐™ฃ ๐™๐™ช๐™ฃ๐™ฉ๐™ž๐™ฃ๐™œ; ๐™ž๐™ฉ'๐™จ ๐™จ๐™ช๐™ง๐™œ๐™ž๐™˜๐™–๐™ก ๐™˜๐™ค๐™ฃ๐™ฉ๐™š๐™ฃ๐™ฉ ๐™–๐™˜๐™ฆ๐™ช๐™ž๐™จ๐™ž๐™ฉ๐™ž๐™ค๐™ฃ. ๐˜ฝ๐™ฎ ๐™จ๐™ฃ๐™–๐™œ๐™œ๐™ž๐™ฃ๐™œ ๐™ˆ๐™“'๐™จ ๐™˜๐™ค๐™ฃ๐™ฉ๐™š๐™ฃ๐™ฉ ๐™˜๐™ง๐™ค๐™ฌ๐™ฃ ๐™Ÿ๐™š๐™ฌ๐™š๐™ก๐™จ ๐™–๐™ฃ๐™™ ๐™—๐™ง๐™–๐™ž๐™ฃ ๐™ฉ๐™ง๐™ช๐™จ๐™ฉ ๐™ฌ๐™ž๐™ฉ๐™๐™ค๐™ช๐™ฉ ๐™ฉ๐™๐™š ๐™›๐™ช๐™ก๐™ก ๐™˜๐™ค๐™ง๐™ฅ๐™ค๐™ง๐™–๐™ฉ๐™š ๐™—๐™–๐™œ๐™œ๐™–๐™œ๐™š, ๐™ž๐™จ ๐˜ผ๐™ข๐™–๐™ฏ๐™ค๐™ฃ ๐™ฌ๐™ง๐™ž๐™ฉ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š ๐™ฅ๐™ก๐™–๐™ฎ๐™—๐™ค๐™ค๐™  ๐™›๐™ค๐™ง ๐™๐™ค๐™ฌ ๐˜ฝ๐™ž๐™œ ๐™๐™š๐™˜๐™ ๐™˜๐™–๐™ฃ ๐™›๐™š๐™–๐™จ๐™ฉ ๐™ค๐™ฃ ๐™จ๐™ฉ๐™ง๐™ช๐™œ๐™œ๐™ก๐™ž๐™ฃ๐™œ ๐™ก๐™ค๐™˜๐™–๐™ก ๐™˜๐™๐™–๐™ข๐™ฅ๐™ž๐™ค๐™ฃ๐™จ? ๐™Š๐™ง ๐™ฌ๐™ž๐™ก๐™ก ๐™ฉ๐™๐™ž๐™จ ๐™ฅ๐™ž๐™š๐™˜๐™š๐™ข๐™š๐™–๐™ก ๐™–๐™ฅ๐™ฅ๐™ง๐™ค๐™–๐™˜๐™ ๐™ก๐™š๐™–๐™ซ๐™š ๐˜ผ๐™ข๐™–๐™ฏ๐™ค๐™ฃ ๐™ฌ๐™ž๐™ฉ๐™ ๐™– ๐™˜๐™ค๐™ฃ๐™ฉ๐™š๐™ฃ๐™ฉ ๐™ข๐™ค๐™จ๐™–๐™ž๐™˜ ๐™ฉ๐™๐™–๐™ฉ ๐™›๐™–๐™ž๐™ก๐™จ ๐™ฉ๐™ค ๐™˜๐™–๐™ฅ๐™ฉ๐™ช๐™ง๐™š ๐™ˆ๐™“'๐™จ ๐™ก๐™ค๐™˜๐™–๐™ก ๐™›๐™ก๐™–๐™ซ๐™ค๐™ง, ๐™ฅ๐™ง๐™ค๐™ซ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™–๐™ฉ ๐™ž๐™ฃ ๐™„๐™ฃ๐™™๐™ž๐™–'๐™จ ๐™ข๐™š๐™™๐™ž๐™– ๐™ข๐™š๐™ก๐™ฉ๐™ž๐™ฃ๐™œ ๐™ฅ๐™ค๐™ฉ, ๐™˜๐™ค๐™ฃ๐™ฉ๐™š๐™ญ๐™ฉ ๐™ข๐™ž๐™œ๐™๐™ฉ ๐™—๐™š ๐™ฉ๐™๐™š ๐™ ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™–๐™ฉ ๐™š๐™ซ๐™š๐™ฃ ๐˜ผ๐™ข๐™–๐™ฏ๐™ค๐™ฃ ๐™˜๐™–๐™ฃ'๐™ฉ โ€œ๐™ฅ๐™ง๐™ž๐™ข๐™šโ€ ๐™›๐™ค๐™ง ๐™™๐™š๐™ก๐™ž๐™ซ๐™š๐™ง๐™ฎ ๐Ÿ˜‰

Source: Entrackr - https://tinyurl.com/yc3f6s5v


Enjoyed reading? Hit the share button below and share with someone who you think will enjoy The Morning Vine!

Got a zesty take on our ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ? Discuss in comments below! โฌ‡๏ธ

Post image
6mo ago
21Kviews
Find out if you are being paid fairly.Download Grapevine
Discover more
Curated from across