A naukri.com initiative
Startup News
Yourstory
1d
49
Image Credit: Yourstory
Nykaa appoints ex-Myntra exec to strengthen its fashion vertical; incorporates new unit in GCC
- Nykaa appoints Abhijeet Dabas as EVP and Business Head of fashion eCommerce.
- Dabas will be responsible for expanding Nykaa Fashion's online growth, global footprint, and strategic partnerships.
- Nykaa's fashion vertical witnessed a 10% rise in GMV in Q2 due to seasonality and shift in festivals.
- Nykaa incorporates a new unit, Nysaa Distribution FZE, in Dubai, focused on international and domestic sales of beauty and personal care products.
Read Full Article
3 Likes
Startup Pedia
1d
269
Image Credit: Startup Pedia
Zomato Welcomes Swiggy's Debut on NSE, Share Priced Rs 420 About 8% Premium Over IPO Price
- Swiggy made a strong debut on the NSE with shares listed at a premium of 7.69% over the IPO price.
- The initial market capitalization stood at Rs 89,549.08 crore, reflecting strong investor interest.
- Despite the positive listing, Swiggy's shares experienced volatility, declining nearly 5% after listing.
- Zomato has welcomed Swiggy's debut in the stock market, showing friendly competition.
Read Full Article
16 Likes
Yourstory
1d
149
Image Credit: Yourstory
IndiGrid partners with BII, Norfund to launch platform for greenfield transmission and BESS projects in India
- IndiGrid has partnered with BII and Norfund to launch a platform called EnerGrid.
- The platform will focus on bidding and developing greenfield transmission and BESS projects in India.
- IndiGrid, BII, and Norfund have committed $300 million for the platform, targeting projects worth approximately $1.2 billion.
- The partnership aims to support India's renewable energy targets and facilitate the country's energy transition.
Read Full Article
9 Likes
VIE Stories
1d
107
Image Credit: VIE Stories
Swiggy Share Price & IPO Listing Live
- Swiggy's stock opened with a 15% premium on the NSE and a 5.64% increase on the BSE.
- The IPO price was Rs 390, and the stock opened at Rs 420 on the NSE and Rs 412 on the BSE.
- Swiggy's shares jumped 2.5% on debut after its $1.4B IPO, but analysts have set a target price 17% lower than the IPO.
- Despite strong demand, Swiggy faces challenges in India's food delivery market.
Read Full Article
6 Likes
Startupnation
1d
3
Image Credit: Startupnation
5 Things to Look for Before Investing in an Emerging Franchise Brand
- Investing in an emerging franchise brand can be a rewarding venture that offers the potential for significant returns and the opportunity to be part of an exciting growth journey.
- Before committing resources, evaluating several critical factors like aligning mission and values, transparency from leadership, a distinct and innovative concept, strong market potential, and thorough support and training is essential.
- A shared mission enhances trust, collaboration, and long-term success with a global perspective on business goals.
- Transparent leaders provide clear communication about brand performance, challenges, incentives, ensuring the investor feels valued and heard.
- Investing in an emerging brand with a unique and innovative concept fills the gap in a competitive market, differentiates and creates a strong brand identity and compelling value proposition, which drives growth and profitability.
- Assessing the market saturation level and demand for favorable industries and consumer trends allows brands to capture a substantial share of the industry and promise higher returns and buffer against market fluctuations.
- A comprehensive training program and ongoing support from the franchisor, including marketing assistance, operational guidance, and problem-solving resources help franchisees operate the business more effectively, adhere to brand standards, and deliver quality to customers.
- Investors should look for a brand that prioritizes training and support to mitigate risks, enhance operational efficiency, and achieve greater success and profitability.
- Entrepreneurs need to ask important questions about the franchise before investment to ensure the investment decision is well-informed and strategically sound, minimizing risk and generating maximum profitability.
- Transparent leadership and a unique and innovative concept, along with strong market potential and comprehensive support and training, ensure that the franchise is well-positioned to capture a substantial share of the market and secure a solid foundation for long-term success.
Read Full Article
Like
TechBullion
1d
61
Image Credit: TechBullion
Venture Capital Meets the Stars: How to Position Your Startup for Success in Space Funding
- The space industry has transformed from a niche market into a thriving frontier where innovation meets investment, and venture capitalists are eager to explore new worlds of opportunity.
- Crafting a robust business plan is your first step. It should clearly define your mission, objectives, and the market need you’re addressing. Investors want to see how you plan to navigate this complex industry.
- Identifying potential investors in the space industry requires a focused approach. Start by researching venture capital firms with a specific interest in aerospace and technology. They often seek innovative companies that push boundaries.
- When seeking funding for your space startup, articulating a compelling unique value proposition is crucial. This statement should clearly convey what sets your venture apart from the competition.
- The regulatory landscape of the space industry can be daunting. Each country has its own set of laws governing satellite launches and operations. Understanding these regulations is critical for any startup seeking funding.
- Space startups often face financial hurdles. Traditional venture capital can be hard to secure. Fortunately, alternative funding options offer pathways for innovation.
- Crowdfunding has emerged as a dynamic avenue for funding satellite and space exploration startups. This method taps into the collective power of individuals who believe in your vision.
- Grants from government agencies or organizations can be a game-changer for space startups. These funds are often non-dilutive, meaning you won’t have to give up equity in your company.
- With the growing interest and investment in this industry, it is crucial to position your company strategically and understand the unique factors involved in securing venture capital for space ventures.
- By following these tips and staying informed on the latest trends and developments, you can increase your chances of success in this competitive market.
Read Full Article
3 Likes
Yourstory
1d
100
Image Credit: Yourstory
Laapataa Ladies is now Lost Ladies as it heads to the Oscars
- Laapataa Ladies, India’s entry to Oscars 2025, has been rebranded as Lost Ladies.
- The movie is directed by Kiran Rao and chosen as India's entry for Best International Feature Film at the 97th Academy Awards.
- Lost Ladies is a touching tale of two brides who accidentally get swapped during a train journey, leading to comical twists and misadventures.
- The movie explores themes of independence, empowerment, and gender dynamics, and stars Nitanshi Goel, Pratibha Ranta, Sparsh Shrivastava, Ravi Kishan, and Chhaya Kadam.
Read Full Article
6 Likes
VIE Stories
1d
211
Image Credit: VIE Stories
Sports Media Platform Nazara Integrate with ONDC Network
- India's Nazara Technologies has partnered with the Open Network for Digital Commerce (ONDC) to launch 'gCommerce', an in-game monetization platform incorporating e-commerce.
- The partnership aims to address low in-app purchase conversion rates and subpar advertising yields for Indian game developers.
- Through gCommerce, game developers can earn revenue through an affiliate revenue-sharing model.
- ONDC's expertise in building an open and connected digital commerce network will help Nazara's gCommerce platform offer a wide range of products for gamers.
Read Full Article
12 Likes
Yourstory
1d
323
Image Credit: Yourstory
Are loan apps and NBFCs fuelling losses for F&O traders?
- Loan apps and NBFCs in India are funding losses in the Futures and Options (F&O) market with personal and unsecured loans, according to veteran banker KV Kamath.
- These fintech apps and NBFCs lend to users with low credit scores, leading to multiple active loans per borrower with limited repayment capacity.
- The rise of new-age loan apps and NBFCs may have worsened the situation, despite aiming to reduce entry barriers to formal credit.
- SEBI is considering introducing investment eligibility criteria for F&O trading to limit losses by allowing only accredited investors to participate.
Read Full Article
19 Likes
VIE Stories
1d
273
Image Credit: VIE Stories
AI SaaS startup Ennoventure has raised $8.9 million from Tanglin Venture Partners
- AI SaaS startup Ennoventure has raised $8.9 million from Tanglin Venture Partners.
- The funding round included participation from previous investors like Fenice Investment Group.
- Ennoventure aims to use the funds to expand internationally and strengthen its position in the US, UAE, and Indian markets.
- The startup offers brand protection through its AI-based invisible signature technology and counts Nestle, Reckitt, and Denso among its customers.
Read Full Article
16 Likes
Inc42
1d
169
Image Credit: Inc42
BlackBuck IPO: Issue Subscribed 5% On Day 1 So Far
- The IPO of logistics unicorn BlackBuck received a 5% subscription on the first day of bidding.
- Retail investors subscribed 26% of the quota, while non-institutional investors subscribed only 1%.
- The employee quota was oversubscribed by 1.87 times.
- BlackBuck aims to raise INR 1,114.72 Cr through the IPO, which will conclude on November 18.
Read Full Article
10 Likes
TechCrunch
1d
42
Image Credit: TechCrunch
After years of trying, Just Eat Takeaway is selling Grubhub to Wonder for $650M
- Just Eat Takeaway.com is selling its U.S. business Grubhub to Wonder Group for $650 million, a significant decrease from the $7.3 billion it paid for the company four years ago.
- The deal is expected to close in Q1 2025, with Grubhub expecting proceeds of $50 million and Wonder assuming $500 million of Grubhub's debt.
- The divestiture is a result of the unprofitability of food and grocery delivery businesses following the decline in demand after the COVID-19 pandemic.
- Wonder aims to create a super app for food delivery by integrating Grubhub's restaurant partners into their platform.
Read Full Article
2 Likes
Medium
1d
196
Image Credit: Medium
Contrarian Cycles: Uncovering the Anti-Consensus Advantage in Venture Capital.
- Contrarian Cycles is a book written by Yinglan Tan that is designed for venture capitalists, angel investors, limited partners and founders who question the status quo. The book explains how safe bets have cost investors billions, how groupthink leads to missing the breakthroughs that matter the most, and how to exploit cycles in the market. Tan shows through many case studies that actual contrarian investing isn’t reckless: it is about having the courage to identify unique opportunities that others ignore and taking calculated, high-stakes bets that pay off.
- Tan explains the art of building a firm where freethinkers thrive, and where genuine innovation is rewarded over empty consensus. As Tan tells readers, creating a contrarian firm is about building a team that operates beyond traditional hierarchies, where ideas are valued over titles, and where individuals are incentivized to take measured risks. Finally, Tan uniquely shows his readers how to think differently and position themselves to win when the crowd gets it wrong by sharing the tools, frameworks and mental models that help to make decisions that others are afraid to make.
- Through this book, Tan challenges readers to lead, build teams of mavericks, and to spot the investments that others overlook by recognizing and exploiting cycles in the market. This book is a call to action for those who want to be more than just another face in the venture capitalist crowd. Tan takes the readers on a journey to an entirely new kind of investing—one that dares to be different and rewards those who think for themselves.
- Contrarian Cycles explains why sticking to the crowd only gives mediocre results and misses the genuinely revolutionary ideas that matter most in venture capital. Tan shows through iconic cases how investing against the consensus can reap rewards that have repeatedly paid off throughout history.
- Tan argues that real diversity in venture capital requires going beyond just looking at fresh faces at Stanford or MIT and that contrarians have to find other places to look for diversity of thought. Tan shows readers how to think more globally so that true portfolio diversification means expanding beyond the obvious choices.
- Furthermore, to succeed as a contrarian investor, individuals must understand and exploit the cycles of innovation that have underpinned venture capital for decades. Contrarian Cycles gives a concrete playbook to identify opportunities others miss.
- Contrarian Cycles explains why the venture capital landscape is ripe for disruption and provides a new perspective on challenging the status quo and managing risk without losing that essential edge.
- Contrarian Cycles has the ability to change the way people approach investing and challenge readers to be more than just another investor in the pack. It gives readers a unique playbook to spot trends, manage teams of innovators, create new hierarchies and invest in the break-out deals that have the potential to change our world.
- For readers who want to be a visionary investor and redefine the field, Contrarian Cycles is an actionable manual that shows individuals how to think and invest differently. Tan's book is a game changer that encourages readers to seize opportunities that others can't see.
- Contrarian Cycles is about breaking out of the Silicon Valley mold and creating a portfolio that is bold and distinct, one that purposefully defies expectations and breaks out of the familiar markets. Contrarian Cycles equips readers with a fresh perspective that enables them to uncover hidden opportunities across the globe that can yield extraordinary returns.
- In conclusion, Contrarian Cycles is a book that educates readers on anti-consensus investing and shows them how to implement it. It challenges readers to build teams of mavericks, identify investments that others overlook and recognize and exploit cycles in the market. Tan gives readers multiple actionable tools for how they can do so.
Read Full Article
11 Likes
Inc42
1d
799
Image Credit: Inc42
Razorpay Partners Peak XV, Lightspeed To Invest In Early Stage Startups
- Payments giant Razorpay has partnered VC firms Peak XV Partners and Lightspeed to launch a venture investment programme targeting early stage B2B startups.
- Under the 'Razorpay Venture Investment Program', Razorpay aims to invest up to $1 Mn in 10-15 pre-seed to Series A startups every year.
- Selected startups will receive funding, access to Razorpay's API stack, mentorship from Razorpay's leadership team, and integration support.
- Razorpay has previously backed startups like Shiprocket, HostBooks, Inai, and GetVantage.
Read Full Article
8 Likes
Inc42
1d
1k
Image Credit: Inc42
AI SaaS Startup Ennoventure Bags $8.9 Mn From Tanglin Venture Partners
- AI SaaS startup Ennoventure has raised $8.9 Mn in a Series A funding round led by Tanglin Venture Partners.
- Ennoventure plans to use the funds to scale its operations globally and strengthen its footprint in the US, UAE, and Indian markets.
- The startup leverages artificial intelligence to add invisible cryptographic signatures to curb counterfeiting.
- Ennoventure's clients include Nestle, Reckitt, and Denso.
Read Full Article
14 Likes
For uninterrupted reading, download the app