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Shaadi.com CEO Anupam Mittal undergoes surgery, says ' Manzil jab aur dur ho jaaye, fight harder'

  • Anupam Mittal, CEO and founder of Shaadi.com, recently disclosed that he broke his left arm and underwent surgery.
  • Mittal experiences hardships as a result of his intense training. The Shark had surgery recently, and a support band is now wrapped around his arm.
  • “Manzil jab aur dur ho jaaye … fight harder. Anupam captions the post. Fans have expressed their concern for Anupam's health and wished him a speedy recovery.

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Ace startup mentor Ashok Jhunjhunwala says entrepreneurs must be ready to fail multiple times

  • Ashok Jhunjhunwala, the President of IIT Madras Research Park and Padma Shri awardee, advised aspiring entrepreneurs against entering the field if they require immediate financial returns.
  • According to Jhunjhunwala, entrepreneurship demands resilience and persistence in the face of failure, and a willingness to start over and try again.
  • Jhunjhunwala emphasized that entrepreneurship is a complex and multifaceted discipline, requiring the acquisition of multiple skills in order to succeed.

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This Indian-origin entrepreneur will become next US president, predicts Bill Ackman

  • American investor Bill Ackman believes Indian-origin entrepreneur Vivek Ramaswamy will run for POTUS and win. Ramaswamy is currently planning his 2024 presidential bid.
  • Ramaswamy was born in Cincinnati to Indian immigrants from Kerala. He studied at Yale and Harvard institutions and is a successful biotech entrepreneur and drug developer, having created five FDA-approved medications.
  • Politico describes Ramaswamy as an ESG sceptic who rails against "wokeism" and socially-responsible investing. He is the founder of pharmaceutical research company Roivant Sciences, which he established in 2014.

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Walmart tells employees to relocate if they want to keep their jobs, plans to close 3 US tech hubs

  • Walmart is reportedly closing three of its tech hubs in the US, as part of its efforts to streamline its operations. The locations to be shut down are in Austin, Texas; Carlsbad, California; and Portland, Oregon.
  • Employees in these locations have been asked to relocate to other Walmart offices in places like San Bruno, California or Bentonville, Arkansas, in order to keep their jobs.
  • The company has expressed hopes that most workers will relocate, and those who choose not to will be given severance pay.

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IBM sues former employee for taking job at rival Accenture, seeks return of Rs 3.7 crore bonus

  • IBM sues former Thailand GM Patama Chantaruck for over $470k (Rs 3.7 crore) in bonus awards after taking a job at rival company Accenture.
  • IBM alleges Chantaruck breached her contract by accepting a senior role at IBM's largest competitor in the Asia-Pacific region.
  • Chantaruck received bonuses for safeguarding confidential company information and not engaging in competitive conduct for a specific time period.
  • IBM asked Chantaruck to return the money, but she refused; both Chantaruck and Accenture declined to comment.

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Lenskart CEO Peyush Bansal recalls cleaning store until 1 am ahead of launch

  • Lenskart CEO, Peyush Bansal, recalls his "hustle days" when he and his team had to clean their store in Singapore till 1 am a day before its launch to provide a "wow experience" for customers.
  • Bansal is currently appearing on the Indian version of the "Shark Tank" series and has invested over Rs 9.45 crore across 27 deals till week six of the second edition.
  • He considers his experience on the show a "great experience" as it has given him fresh perspectives and learning for his own business, which he plans to implement.
  • He also sees the pace at which the new generation is doing things and wants to bring that back to his own business.

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Who is Zoho's Radha Vembu, India’s third richest woman with net worth over Rs 21,000 crore?

  • Radha Vembu is the third richest woman in India and the richest self-made woman in the country.
  • Vembu has a net worth of $2.6 crore and is the 1176th richest person in the world. Her wealth is derived from her massive stake in the multi-billion multinational company Zoho Corp.
  • Radha Vembu is a graduate of the Indian Institute of Technology, Madras, and has over 25 years of experience in the software industry. She is the largest stakeholder in Zoho Corp, which was founded by her and her brothers in 1996.
  • In addition to her role at Zoho Corp, Radha is also involved in various other ventures including an agricultural NGO and a real estate company. She is married and has a child.

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Tech millionaire accused of dumping fiancée after she got breast cancer

  • Taryn Southern, a TV actress, has filed a lawsuit against her former fiancé, Bryan Johnson, a 45-year-old tech millionaire, who is famous for spending millions of dollars to reverse the aging process.
  • Southern claims that Johnson pressured her into allowing him to have sexual relationships with other women during their relationship and also requested a list of her past sexual partners.
  • Johnson, in response, has accused Southern of attempting to extort him by threatening to make outlandish and salacious allegations about him in public forums.

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'We have no data team at Zerodha': Nithin Kamath takes a dig at data scientists

  • Zerodha CEO Nithin Kamath criticizes data scientists in a recent post, questioning the need for collecting and analyzing large amounts of data.
  • Kamath shares a screenshot of a blog that suggests data scientists often provide analysis that confirms senior management's prior beliefs, rather than uncovering insights.
  • The blog also states that data scientists are often praised for providing analysis that aligns with management's expectations, but criticized when their analysis contradicts those expectations.
  • "We have no data team at @zerodhaonline as we believe it doesn't give useful insights and also since we never upsell", Kamanth added.

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Bengaluru is the startup capital of India: PhonePe CEO Sameer Nigam

  • PhonePe CEO Sameer Nigam called Bengaluru as the startup capital of India.
  • He acknowledged the city as the hub for real startups that are being created at scale.
  • Sameer attributed the city's success as a startup hub to the availability of young talent, especially economic migrants.
  • He claimed that Bengaluru now boasts the best talent across various industries, which has contributed to its position as the startup capital of India.

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'Busy working on our own profitability': Zomato founder's Tweet after Paytm's surprise operating profit

  • Zomato CEO Deepinder Goyal congratulated Paytm founder Vijay Shekhar Sharma on Twitter after Paytm's parent firm's stock rose due to its December quarter earnings performance.
  • Sorry, a bit late to the party – was so busy working on our own profitability,” Deepinder Goyal tweeted.
  • Sharma credited the operating profitability to the focused execution of the Paytm team, who were able to achieve growth while maintaining compliance and watching risk factors.

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Passed on deal because CEO was rude to waiter: American VC Michael Arrington

  • Venture capitalist Michael Arrington declines business deal due to CEO's behavior.
  • Michael tweets "he passed on an investment deal that he was almost going to say yes to "because the CEO was rude to our waiter".
  • Arrington's decision to pass on the deal was widely celebrated on Twitter, resulting in the post going viral.
  • Twitter users expressed their agreement with Arrington's decision, with one user stating that there was "No excuse to behave like that ever," and another calling it a "good call".

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Anupam Mittal responds to Twitter user's request for assistance with Lido funds

  • Anupam Mittal is a judge on Shark Tank India and investor in edtech startup Lido Learning.
  • A man on Twitter reached out to Mittal for help with retrieving stuck money from Lido Learning.
  • Mittal responded to the man, saying "Even I am trying."
  • Lido Learning had to shut operations and filed for bankruptcy in 2022 due to a cash crunch.

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Mastercard's NFT chief Satvik Sethi resigns, citing abuse & emotional suffering

  • Satvik Sethi, Mastercard's product lead for NFTs, has resigned from the company due to harassment and emotional distress.
  • In his tweets, he highlighted the company's inefficiencies, including issues with poorly managed processes and miscommunications.
  • He also claimed that there were instances when he did not receive pay for several months unless he petitioned across the hierarchy.
  • Sethi served a three-month notice before leaving the company, which he claims was an attempt to prevent him from quitting after informing HR about his problems.

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Kid mentions Aman Gupta’s brand BoAt in his answer sheet; he reacts

  • Aman Gupta, the founder of boAt, posted a picture of a child's answer sheet on his Instagram account.
  • The child wrote "boAt is a brand of headphones by Aman Gupta" for the word "boat" in an exam.
  • The child's answer sheet was uploaded on Instagram by their father with the caption "After effects of Shark Tank."
  • Aman shared the screenshot of the father's post along with a song and captioned it "A for Apple B for boAt. Petition to make this change in all text books."

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