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Entrepreneurship
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Pawsitively Purrrfect: Delhi Police's Witty Response to Elon Musk's 'Police Cats' Question!
- Elon Musk's three-year-old son, X Æ A-12, asked him why police forces use dogs but not cats, prompting a humorous response from the Delhi Police on Twitter.
- Musk tweeted the question to the public, to which the official Twitter handle of Delhi Police replied with clever wordplay, stating that there are no police cats because they might get "booked" for feline-y and 'purr'petration.
- Delhi Police's lighthearted response to Musk's tweet garnered praise and appreciation from Twitter users, with many commending their wit and suggesting a promotion for the department's social media manager.
- X Æ A-12, Musk's son, gained attention for his unusual name, which has a cat connection. Musk joked during his Saturday Night Live monologue that the name is pronounced like a "cat running across the keyboard."
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OYO CEO Ritesh Agarwal's Inspiring Startup Journey: From Cleaning Rooms to Building a Hospitality Empire
- OYO CEO Ritesh Agarwal's early career experiences are revealed in a recent interview clip, highlighting the challenges he faced as a startup founder.
- Agarwal shares how he performed various duties, including being a front desk manager and cleaning staff, to ensure the success of his hospitality company.
- Dropping out of college at 19, Agarwal became the first Asian recipient of the Thiel Fellowship, which provided him with a grant of $100,000 to start his venture, OYO.
- Agarwal's story emphasizes the importance of recognizing the hard work and dedication that entrepreneurs put into building successful businesses, shedding light on the behind-the-scenes efforts often overlooked in startup success stories.
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Indian entrepreneurs stage desi coup as Dream11 founder Harsh Jain elected IAMAI chairperson
- IAMAI's new governing council excludes Big Tech members, giving Indian entrepreneurs control in technology policy-making.
- Harsh Jain (Dream11) becomes chairperson, Rajesh Magow (MakeMyTrip) as vice chairperson, and Satyan Gajwani (Times Internet) as treasurer.
- Concerns over industry bodies aligning with Big Tech demands led to the decision to exclude them from the council.
- The election results address the need for greater representation of Indian companies and reflect controversies surrounding IAMAI's stance on digital competition regulation.
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Meet Aditi Avasthi, founder and CEO of Mukesh Ambani-backed rival of Byju’s, Unacademy, PhysicsWallah
- Aditi Avasthi, founder & CEO of Embibe, emerges as a strong competitor to big edtech platforms like Byju's and Unacademy in the field of AI-based educational technology.
- Aditi founded Embibe with USD 700,000 funding which she had managed to raise from angel investors.
- In 2018, Aditi secured a USD 180 million investment from Mukesh Ambani-led Reliance Industries, followed by an additional Rs 500 crore in 2020.
- Aditi has been recognized as a Young Global Leader by the World Economic Forum & featured BBC's top 100 Women and Vogue's 'Woman Of The Year'.
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Meet this 'Chaiwala' who makes 150 crore per year selling tea
- Anubhav Dubey and his childhood friend Anand Nayak launched Chai Sutta Bar with a small investment of Rs 3 lakh.
- They opened their first outlet opposite a girls' hostel in Indore, using borrowed items and a hand-written wooden plank with the name of the bar.
- The unique idea of selling tea with other snacks turned out to be a huge success, with Chai Sutta Bar now having over 400 outlets in 195 cities in India and other countries like Dubai, UK, Canada, and Oman.
- Chai Sutta Bar has an annual turnover of around Rs 150 crore, and Anubhav Dubey's estimated net worth is Rs 10 crore.
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Oyo CEO Ritesh Agarwal urges startups to prioritize tier 2 and 3 cities
- Ritesh Agarwal, founder and CEO of Oyo, partners with Naropa Fellowship to support young entrepreneurs in the Himalayan region.
- Agarwal's advice to entrepreneurs on effective resource management, leveraging customer feedback for faster product-market fit, and focusing on entrepreneurship in tier 2 and 3 cities to drive India's development and innovation.
- Inspired by his own experience, Agarwal believes that today's startup ecosystem offers more opportunities and support for aspiring entrepreneurs.
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Sudha Murty reveals providing a Rs 10K loan to Narayan Murty while starting Infosys
- Sudha Murty, Padma Bhushan awardee, shares candid stories on The Kapil Sharma Show, revealing challenges faced by her and husband Narayan Murty.
- Sudha Murty reveals how she supported Narayan Murty during the early days of Infosys, giving him a loan of Rs 10,000, which she considers the "best investment" ever.
- Sudha Murty advises women to save money secretly, emphasizing the importance of financial independence and preparedness for future needs.
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India on the right track in shaping global crypto regulations, says WazirX co-founder Nischal Shetty
- In a recent interview, Nischal Shetty, co-founder of WazirX, expressed his belief that India is moving in the right direction with regards to crypto regulations, and emphasized the significance of establishing global standards.
- Shetty highlights the need for a global framework for crypto regulations, comparing it to the global nature of the internet.
- The finance minister of India expresses a similar view on shaping global regulations for cryptocurrencies.
- Shetty acknowledges that achieving a common global framework for crypto regulations may take time due to the coordination required among multiple countries.
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'It was over for me that day,' says teenage entrepreneur, who sold a startup for $20 million after receiving dad's texts
- 15-year-old startup founder Eric Zhu sells his startup for $20 million after raising $100k of funding in two weeks from his school's bathroom stalls.
- A viral video shows Eric Zhu taking business meetings in school washrooms while sitting on a toilet seat with a laptop on the flush tank, which landed him in trouble back home.
- Zhu's dad was the one who texted him about taking business meetings in school washrooms, leading the teenager to say, "It was over for me that day."
- Despite the recent controversy, Eric Zhu has already achieved significant success in his young career and is seen as a role model for aspiring young entrepreneurs.
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IIT Kanpur alumnus fails 17 times before building a Rs 40,000 crore startup
- Ankush Sachdeva, founder of ShareChat, failed 17 times before hitting the jackpot with the vernacular social media platform. Sachdeva completed his B.Tech. from IIT Kanpur in 2015 and interned at Microsoft.
- Sachdeva recognized the need for a platform that would connect users from smaller towns and cities in India where Facebook and other platforms were not user-friendly due to the English language complexity.
- ShareChat, available in 15 languages, has a footprint of over 350 million monthly active users & is valued at around $5 billion which is more than Rs 40,000 crores.
- Ankush's story is inspiring as it showcases his perseverance and resilience in building a successful business despite facing failures in his previous attempts.
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This IITian left Microsoft, established a Rs 12,000 Cr company, and retired at 40
- Sudheer Koneru, an IIT Madras graduate and former Microsoft director, retired at the age of 40 and founded three successful companies, one of which is now valued at Rs 12,000 crore.
- Koneru's company, Zenoti, started as ManageMySpa in 2010 and offers software for wellness, spa, and salon management, with a presence in 50 countries.
- Prior to Zenoti, Koneru founded and sold two other companies, Intelliprep Technologies and Sumtotal, which generated over $100 million in revenue.
- Koneru's success story challenges the traditional idea of retirement and demonstrates the potential for early retirement to pave the way for entrepreneurship and innovation.
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Farmer's son turns self-made billionaire with USD 2.1 billion net worth
- PP Reddy, who hails from a farmer's family, has become India's top businessman with a net worth of $2.1 billion according to Forbes.
- Megha Engineering and Infrastructure, founded by PP Reddy in 1989 with just two employees, has become a major player in India's infrastructure sector, with projects both within the country and overseas.
- Reddy's biggest project to date, the Kaleshwaram lift irrigation project, has a cost of $14 billion and is designed to provide water supply to Telangana.
- PP Reddy's 'Diamond House' in Hyderabad becomes a popular landmark in the city due to its unique design resembling a sparkling diamond, made entirely of glass.
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Ex-Microsoft employee builds a billion dollar company in India after US visa rejection
- Kunal Bahl, the co-founder of Indian e-commerce company Snapdeal, turned a setback into success after his US visa was rejected, pushing him to create a $6.5 billion valued startup in India.
- Bahl, who was set to work at Microsoft in the US, returned to India and founded Snapdeal with a school friend in 2010, building it into India's second-largest e-commerce company.
- Despite plans to go public in 2021, Snapdeal decided to shelve its IPO due to market conditions and has since become part of the AceVector corporate group.
- Bahl has also become an investor, with his VC firm Titan Capitals investing in several US companies.
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This IIM alumna made Rs 56 crore by selling sarees
- IIM Lucknow graduate Taniya Biswas, along with her sister Sujata Biswas, launched a saree brand in 2016, which is now worth over Rs 50 crore.
- The brand, named Suta, sells soft mulmul cotton sarees, which were not available in the market before. They have become a hit with customers due to their beautiful designs and comfortable feel.
- Suta's success has allowed the sisters to support artisans and craftsmen while providing women with a comfortable and fashionable alternative to traditional sarees.
- In the FY 2022-2023, the revenue of the company was Rs 56 crore & they want to earn Rs 100 crore next year.
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Ashneer Grover opens up about moving from Mumbai to Delhi after wife's miscarriage
- Former Shark Tank India judge Ashneer Grover and his wife Madhuri speak about their move to Delhi from Mumbai after she had a miscarriage.
- Madhuri shares the couple's plans for a baby and the difficulties they faced after she suffered a miscarriage and had to terminate the pregnancy.
- Ashneer had a difficult time being away from his family in Delhi while living in Mumbai and decided to quit his job after the miscarriage to move back to Delhi permanently.
- The couple's experience sheds light on the emotional toll of pregnancy complications and miscarriage and the impact it can have on a family's decisions and life choices.
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