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Yourstory
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Gamification in education: engaging students through play
- Gamification is the application of game design concepts to education, with the goal of increasing student engagement.
- Gamification provides quick notes, well-defined goals, and awards and recognition, which are powerful motivators for students.
- Benefits of gamification include increased engagement, optimized encouragement, personalized learning, and cooperation among students.
- Challenges in gamification include the need for careful planning and potential undermining of primary motivation if rewards are given in vain.
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StartupDaily
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Macquarie glams up makeup maker with $10 million Series A
- Atelier, a B2B marketplace for cosmetics launch, has raised $10 million in a Series A funding round led by Macquarie Capital.
- Atelier helps beauty, health, and wellness brands streamline manufacturing, logistics, and packaging, reducing time-to-market by two-thirds.
- The funding round also included investors Archangel Ventures, Daniel Attia, and Geoff Tarrant.
- The new capital will be used for expanding into the US market and investing in AI-driven product innovation and supply chain technology.
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Yourstory
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Corizo Edutech strives to upskill college students with affordable courses to make them job ready
- Bengaluru-based edtech startup Corizo Edutech aims to bridge the gap between university curriculum and industry expectations and make students job-ready with online upskilling courses in domains such as computer science, data science, electronics, mechanical engineering, digital marketing, management, human resources, business and finance, and medicine. Courses are offered in three learning modules—self-paced, mentor-led, and professional—priced between INR 4,000 and INR 25,000 with lifetime access and internships, with a Golden Pass for access to all courses for INR 11,999. Corizo collaborates with companies for mentoring, internships, and aptitude tests tailored for placement exams and exams conducted by leading IT firms. The startup has so far catered to over 70,000 students this year.
- Despite 70% of academic institutions believing their graduates are well-equipped for the corporate world, only 16% of the surveyed companies believe so, as per a report by recruitment automation firm HirePro.
- Corizo provides practical knowledge through hands-on projects and industry expert mentorship, lifetime access to course content, and real-world internships to make students job-ready. It is founded by engineers Sourav Kamboj, Himanshu Singh, Vivek Agarwal and Hemant Ingle.
- The startup provides tailored courses to suit current industry needs in various domains such as computer science, data science, electronics, mechanical engineering and web development.
- Offering courses in the upskilling space, MyCaptain and Teachnook are seen as Corizo's competitors.
- Corizo plans to expand in FY25 to Pune and establish a vision to earn a revenue of INR 120 crore in the next five years while opening offices in Hyderabad and Kochi.
- Corizo's bootstrapped company has offices in Gurugram and Bengaluru.
- Indian edtech sector projected to grow by 25.8% at CAGR to touch $29bn by 2030.
- India's upskilling market is estimated at $7.5bn. Corizo has so far registered a revenue of INR 7 crore in FY24.
- Catering to more than 70,000 students this year, 80% of its users are students while the rest are professionals.
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Inc42
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After Raising $88 Mn, Melorra May Sell For Pennies On The Dollar
- Senco Gold is reportedly in talks to acquire struggling online jewellery brand Melorra for INR 40 Cr to INR 50 Cr.
- Melorra has held talks with multiple buyers for a potential acquisition.
- The acquisition will help Senco Gold shore up its presence in the ecommerce space.
- Despite raising over $88 Mn, Melorra continues to be a loss-making venture.
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Inc42
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Rapido To Get Another Tank Full Of Investments, Likely To Raise $60 Mn From Prosus
- Ride-hailing unicorn Rapido is set to raise $60 Mn from Prosus in a mix of primary and secondary share sales.
- Terms of the deal have been finalized and it will enable partial exits for early backers.
- The $60 Mn round will mark the conclusion of Rapido's Series E round, with no change in valuation.
- Rapido, founded in 2015, offers bike taxis, autos, cab services, and peer-to-peer delivery services.
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Gritdaily
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7 Entertainment Gadgets for the Ultimate Home Theater Experience
- Insights from a co-founder & CEO and a president unveil game-changing strategies to elevate your home theater setup.
- Invest in a Dolby Atmos-enabled high-end surround sound system for an immersive 3D soundscape.
- Upgrading to Firesticks or Chromecasts makes it convenient to stream anything from a phone to an older TV with an HDMI port.
- Stylish acoustic panels for the walls of your entertainment room can enhance sound quality and create a high-tech atmosphere.
- A 4K projector paired with a surround sound system offers a massive display for movies and gaming, creating an immersive experience.
- A smart universal remote controls all devices with an easy-to-use interface and voice-control feature, making it hassle-free.
- Android TV and Fire TV streaming devices offer flexibility and customization options, supporting a range of apps and services for more content possibilities.
- An ultra-short-throw projector sits inches away from the wall and projects a huge, crystal-clear image, creating an immersive and cinematic experience.
- An ultra-short-throw projector is perfect for watching movies and gaming, giving viewers the best of the big-screen experience and response gameplay.
- These gadgets and setups have proven to enhance the way we consume entertainment at home, making for a more immersive and enjoyable experience.
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Gritdaily
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How Successful E-Commerce Businesses Reduce Payment Processing Fees
- Adopt a Multi-Provider Payment Strategy. We’ve integrated multiple providers and implemented an intelligent routing system.
- Set Minimum Credit Card Transaction Limits. Set a minimum transaction amount for credit card payments.
- Leverage a Tiered-Pricing System. Negotiate better rates based on averaged monthly sales volumes.
- Encourage Alternative Payment Methods. Encourage customers to use e-wallets and cryptocurrency.
- Promote Automated Clearing House Payments. Saves on administrative costs and transaction fees.
- Offer Discounts for Bank Transfers. Offer a small discount for bank transfers for larger transactions.
- Switch to a Flat-Rate Provider. Switching to a flat-rate provider reduces costs by about 10%.
- Ensure Accurate and Complete Invoices. Improve record-keeping and track a decrease in overheads dedicated to payment processing by around 10%.
- Choose Transparent Payment Processor Fees. Switch to a payment processor with a lower and more transparent fee structure.
- This experience speaks to the importance of constantly reviewing and assessing operational costs in e-commerce business—finding opportunities for savings and improvements, no matter how established the business operations seem.
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Gritdaily
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World Investor Week: Key Insights for Financial Success
- World Investor Week (WIW), organized by IOSCO, helps raise awareness about investor education and protection. The education covers areas such as understanding the power of compounding, risk management, avoiding scams, and sustainable investing. WIW is a global annual event that provides valuable insights to help navigate the complexities of the financial world.
- The importance of investor education cannot be overemphasized. In a volatile financial environment with complex investment products, poor decision making, high-risk investments, and fraud can result without a strong foundation in financial literacy.
- Investor education involves learning to recognize cognitive biases, identifying investment scams, and understanding how compound interest and diversified returns work.
- The core themes of WIW are focused on managing and identifying risk, the power of compounding, avoiding investment scams, and understanding and implementing sustainable and responsible investing (SRI).
- PocketSmith's app has features that can help investors manage their portfolio more efficiently. The forecasting tool allows an individual to input income, expenses, and investment details, providing an overview of cash flow in the short and long-term. It also provides a comprehensive investment tracking interface, goal-oriented planning, and budgeting for investments.
- The three key concepts for successful investment and financial management are the power of compounding, risk tolerance, and long-term planning. Use this year's WIW to learn from webinars and tools like PocketSmith to improve your investment strategy and financial health.
- In conclusion, investing is about taking control of your financial future. With the right tools, education, and strategies, individuals can develop their level of financial literacy, build sustainable wealth, and improve the chances of triumphing over the complex financial world.
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Gritdaily
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Inbox Zero, Meet AI You: Sensay’s Revolutionary Personal Assistants
- Sensay has created personalized AI agents which allow individuals to manage their emails and organize meetings with its Inbox Zero feature.
- Unlike traditional chatbots, the AI agents are sophisticated and think, learn and adapt to the user’s unique needs. They mimic communication style, personality and appearance, as well as being highly customizable.
- Sensay collaborates with Speechmatics to enable its digital assistants to be voice-enabled, interactions are designed to sound natural and create an emotionally authentic experience.
- These AI assistants have numerous use cases applicable to various industries such as personalised learning experiences and training and skill development for businesses.
- They can reduce employee stress, drive work efficiency and mental relief and result in more individual time to focus on high-impact work.
- Moreover, Sensay’s AI agents won’t just be simple robots sitting behind a screen, they will be clones of individuals with similar personalities and styles, with potential to create a digital legacy which preserves human memories, stories, and identities.
- The AI agents are available on Telegram and emails and will soon be rolled out on many more platforms.
- Sensay’s ‘Inbox Zero’ is a revolution in the AI world, it is helping individuals to hand over all their repetitive and scheduled work like email management, meetings, and team interactions to AI-powered assistants.
- This will provide individuals with enough time and mental peace on creativity, decision-making and strategies which can drive professional and personal growth.
- To meet today’s ever-increasing pace, individuals must adapt to these new advances in AI, or else they might remain behind in this digital race.
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Hackernoon
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Open Innovation is the Cornerstone of Your Startup’s Success
- Open Innovation is the practice of transparently seeking out and incorporating external ideas while also taking care of the wider ecosystem. This culture can take care of your startup in return rather than merely copying what works.
- Openness in this context can be divided into four categories: Open Innovation, Fully Open Business Model, Open R&D and Open Business Architecture.
- There are a few different approaches to Open Innovation: opinion mining, crowdsourcing, IP marketplaces, external consulting and make more of it business model, open business, and reverse engineering.
- When choosing which business model to adopt for Open Innovation, there are a few that are particularly well-suited, namely the co-creation/partnership business model, open business, and open source business model.
- Any entrepreneur trying to add elements of Open Innovation into their company needs to be wary of a few things to ensure success, including focusing too much on IP, failing to leverage motivation, and only half-embracing new partners.
- Open Innovation is key to startup success, as it turns what may seem like a solitary entrepreneurial journey into a cooperative venture with limitless possibilities.
- Lesson 1: Open Innovation is part of a larger trend within the Open Business world. A few elements can guide corporate leaders to make the right decision for their business.
- Lesson 2: Open Innovation can be used to audition potential talent, scout for specific answers, and generate additional revenues.
- Lesson 3: The modern business landscape leverages the power of collective intelligence. Seven innovative methods for Open Innovation include opinion mining, crowdsourcing, and IP marketplaces, among others.
- Lesson 4: When considering creating a business, there are a few business models particularly well-suited to Open Innovation: co-creation/partnership business model, open business, and open source business model.
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Yourstory
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Good Glamm Group completes acquisition of Sirona for Rs 450 Cr
- Good Glamm Group has completed the acquisition of Sirona Hygiene for Rs 450 crores.
- The group had invested Rs 100 crore in Sirona through primary and secondary investments, providing substantial returns to early investors.
- Sirona tripled its revenues in just 24 months after funding and the founders have stepped down from their active roles.
- Good Glamm Group aims to elevate Sirona to new heights in women's wellness globally.
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Pymnts
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Banked Bolsters Australian Pay-by-Bank Foothold With Waave Acquisition
- Pay-by-bank provider Banked has acquired Australian payment technology firm Waave.
- The deal strengthens Banked's presence in the Australian pay-by-bank sector and establishes a partnership with Chemist Warehouse.
- Banked aims to expand its global payments network and views Australia as a key market.
- The acquisition follows Banked's recent entry into Australia through its partnership with National Australia Bank.
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Gritdaily
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Seth Rotman’s Seven-Day 8DHD Backpacking Expedition Blends Leadership and ADHD Management with Holistic Wellness
- Seth D. Rotman, founder of Clarify Wellness LLC, is partnering with the National Outdoor Leadership School (NOLS) to create the Seven-Day 8DHD Backpacking Expedition.
- The program focuses on ADHD management and leadership development, aiming to help participants overcome the challenges of neurodiversity.
- Attendees will engage in hiking, camping, and interactive learning to learn effective ADHD management techniques and develop essential leadership competencies.
- Rotman's approach to ADHD management is rooted in his '8 Brocade of Holistic Wellness' theory, which emphasizes interconnectedness and flexibility.
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Inc42
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Zee Media Right Swipes INR 3.75 Cr Investment In Dating Platform flutrr
- Zee Media, a subsidiary of Zee Akaash News, has invested INR 3.75 Cr in the dating platform flutrr.
- The investment will be made through subscribing to equity shares and convertible warrants.
- flutrr is India's first regional language dating app, targeting users in Tier-II and Tier-III cities.
- The app plans to expand its language options and has over 4.5 Lakh weekly active users.
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Pymnts
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Suki Notches $70 Million for AI Healthcare Platform
- Healthcare AI firm Suki has raised $70 million in new funding.
- The funding will be used to invest in product development, including their AI-powered voice assistant for clinicians.
- Suki aims to offer full-featured solutions that seamlessly integrate with existing tools in the healthcare industry.
- The funding will support the company's growth, diversify capabilities, and strengthen relationships with strategic partners like MedStar Health.
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