Podcasts about delhivery

Delhivery, the logistics company, started out in Delhi. It even has Delhi in its name, literally.Yet, a few weeks ago, I flew to Goa to meet its co-founder and CEO, Sahil Barua, because that's where Delhivery's headquarters is now.It was a day trip. I took an early morning flight. Spent a few hours at a quaint cafe where I was the only guest. Then, I walked 15 minutes through still back alleys filled with cashewnut and mango trees before ending up on a dusty highway, dodging traffic next to an under-construction flyover.By the time I got to the studio where I was meeting Sahil, my adventure quota for the day was almost over. I loved it.This was the first time I was meeting Sahil. We'd only exchanged emails with each other. He's tall, lean and bearded. There's a certain air of seriousness, for want of a better word, to him. A professorial sort. I steeled myself, expecting our conversation to be a bit stiff. But Sahil completely surprised me.Because he felt completely at ease diving into answers, explanations and reflections without much hesitation. It wasn't impulsiveness, but an ease with his own thoughts and actions, which did not require polishing or editing before being shared.It was something that kept coming up time and again in my conversation with him. From joining consulting firm Bain right around the time they had set up shop in India to signing up for a triathlon without much regard for what the challenge holds, to moving Delhivery to, well, Goa.But at Delhivery, as it has become a giant in the e-commerce and logistics business, he tells one thing to his employees—do not move fast and break things.Delhivery might not be a sexy business from the outset, but the systems they have built and continue to build, as Sahil explains, position it as a company that is always innovating and iterating in a business which has largely remained the same for decades. And as Sahil repeated in different ways, the biggest effort they have taken is building the most effective network out there.Sahil tracks Delhivery's journey, how he and his co-founders built a logistics network in the image of a telecom network, and how he has grown to be a better, calmer founder over the years.I talked to Sahil Barua, co-founder and CEO of Delhivery, about that and a lot more during the course of our conversation.This is part 2 of my conversation with Sahil Barua.Welcome to First Principles.-If you're a Premium subscriber to The Ken, you can listen to the full episode, along with all our other podcasts, exclusively on our apps now. Not a premium subscriber? You can subscribe to The Ken Premium channel on Apple Podcasts, which unlocks access to all our premium audio offerings at a great monthly recurring price.-This episode was produced by Hari Krishna, and the mixing and mastering of the episode was done by Rajiv CN.Write to us fp@the-ken.com with your feedback, suggestions and guests you would want to see on First Principles.If you liked this episode, help us spread the word by sharing and gifting this episode with your friends and family.

In today's Tech3 from Moneycontrol, we unpack Zomato and Swiggy scrapping free delivery during rains for premium users, why India's top SaaS founders are getting hands-on with AI coding, and TCS's AI global head Ashok Krish reveals how AI is reshaping software and content creation. Plus, a deep dive into India's cyber defense during border tensions and Delhivery's first annual profit after years of losses.

Delhivery, the logistics company, started out in Delhi. It even has Delhi in its name, literally.Yet, a few weeks ago, I flew to Goa to meet its co-founder and CEO, Sahil Barua, because that's where Delhivery's headquarters is now.It was a day trip. I took an early morning flight. Spent a few hours at a quaint cafe where I was the only guest. Then, I walked 15 minutes through still back alleys filled with cashewnut and mango trees before ending up on a dusty highway, dodging traffic next to an under-construction flyover.By the time I got to the studio where I was meeting Sahil, my adventure quota for the day was almost over. I loved it.This was the first time I was meeting Sahil. We'd only exchanged emails with each other. He's tall, lean and bearded. There's a certain air of seriousness, for want of a better word, to him. A professorial sort. I steeled myself, expecting our conversation to be a bit stiff. But Sahil completely surprised me.Because he felt completely at ease diving into answers, explanations and reflections without much hesitation. It wasn't impulsiveness, but an ease with his own thoughts and actions, which did not require polishing or editing before being shared.It was something that kept coming up time and again in my conversation with him. From joining consulting firm Bain right around the time they had set up shop in India to signing up for a triathlon without much regard for what the challenge holds, to moving Delhivery to, well, Goa.But at Delhivery, as it has become a giant in the e-commerce and logistics business, he tells one thing to his employees—do not move fast and break things.Delhivery might not be a sexy business from the outset, but the systems they have built and continue to build, as Sahil explains, position it as a company that is always innovating and iterating in a business which has largely remained the same for decades. And as Sahil repeated in different ways, the biggest effort they have taken is building the most effective network out there.Sahil tracks Delhivery's journey, how he and his co-founders built a logistics network in the image of a telecom network, and how he has grown to be a better, calmer founder over the years.I talked to Sahil Barua, co-founder and CEO of Delhivery, about that and a lot more during the course of our conversation.Welcome to First Principles.-If you're a Premium subscriber to The Ken, you can listen to the full episode, along with all our other podcasts, exclusively on our apps now. Not a premium subscriber? You can subscribe to The Ken Premium channel on Apple Podcasts, which unlocks access to all our premium audio offerings at a great monthly recurring price.-This episode was produced by Hari Krishna, and the mixing and mastering of the episode was done by Rajiv CN.Write to us fp@the-ken.com with your feedback, suggestions and guests you would want to see on First Principles.If you liked this episode, help us spread the word by sharing and gifting this episode with your friends and family.

Earlier this month, India's largest third party logistics company, Delhivery, acquired its biggest rival Ecom Express in a $165 million distress sale. The acquisition could not have come at a better time for both parties. Things have been tough for Ecom for some time now. The company, in fact, called off its IPO plans just this February, about six months after filing the papers and ended up laying off hundreds of its employees. Meanwhile, Delhivery has been soldiering some tough times too.  By acquiring its floundering rival, Delhivery seems to be going all out to claw back some business. But is that enough? Tune in. Daybreak is looking for a talented audio journalist with at least two years of experience. Check out the role here. Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

Deep dive into Ecom Express's journey from ₹7,000 Cr ore valuation to a ₹1,407 Crore distress sale, to its rival Delhivery. Explore the key reasons & takeaways for founders!

In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets:00:04    Intro00:46    Why we struggle to innovate08:32    Delhivery added Ecomm express to its cart14:18    TidbitsWe also send out a crisp and short daily newsletter for The Daily Brief. Put your email here and we'll make you smart every day: https://thedailybriefing.substack.com/Note: This content is for informational purposes only. None of the stocks, brands, or products mentioned are recommendations or endorsements.   

For a while now, some of the biggest players in India's third-party logistics industry have been riding on the success of e-commerce unicorn Meesho. As of 2023, it accounted for over half of the 2.5 billion shipments that were being handled by third-party logistics players. Companies like Delhivery and Ecom Express happily rose to the occasion and partnered with Meesho to handle all its order deliveries. For logistics companies this was a dream come true because most of the other major e-commerce players in India – like Flipkart and Amazon – take care of all their logistics in-house. But earlier this year, Meesho announced the launch of Valmo, its own in-house logistics arm. Naturally, third party logistics partners are nervous. But no one is more shaken up than Ecom Express.Tune in.**This episode was first published on September 2, 2024.P.S The Ken's podcast team is hiring! Here's what we're looking for.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.Listen to the latest episode of Two by Two here

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, October 25, 2024. My name is Nelson John. Let's get started.Qatar's Nebras Power was supposed to acquire up to a 49 per cent stake in Aditya Birla Group's renewable energy business for about $400 million, but the deal has been put on hold due to a valuation mismatch. Utpal Bhaskar reports that challenges such as competitive returns and execution risks in the Indian market continue to be concerns for investors. The Aditya Birla Group company is still seeing interest from Alberta Investment Management and BlackRock's Global Infrastructure Partners.India's startups aren't complying with certain rules. The Central Consumer Protection Authority has issued notices to 11 e-commerce companies including Blinkit, Zepto, Swiggy and Meesho for violating declaration rules. These violations include failing to display product manufacturing and expiry dates, among other packaging and labelling norms. Soumya Gupta writes that the CCPA took this action after users complained about receiving perishable items close to or after their expiry dates.After a long and contentious battle, the Insurance Regulatory & Development Authority of India has approved the Burman family's proposed acquisition of Religare, reports Anirudh Laskar. This nod marks a significant step towards the Burmans' takeover of Religare. Only approvals from the banking and market regulators are now pending. Despite initial resistance from Religare's management, the Burman family, which owns Dabur India, aims to solidify its ownership through an open offer of more than 3,400 crore rupees.In a surprising turn of events, 60 out of 100 private equity and venture capital executives in India failed a mandatory exam set by the National Institute of Securities Management (NISM), under directives from SEBI. This exam, which is crucial for maintaining registration, has stirred concerns within the sector. Critics argue that the exam's content, which spans various fund types—venture capital, private equity and public markets—is disproportionately focused on public markets, and does not reflect the practical differences between these fund categories. Sneha Shah and Ranjani Raghavan report on the embarrassing situation India's PE and VC sector is staring at. Last year, Ecom Express found itself at a crossroads, searching for new leadership after the health-related departure of its co-founder and CEO, T.A. Krishnan. With growth stalling, the company turned to Ajay Chitkara, a veteran of the telecom industry, to inject new life into its operations. Chitkara, known for his successful stint at Airtel, took the reins at a tough time and now faces a daunting task: steering Ecom Express towards profitability and a successful IPO. The company has reduced its losses, but sustaining growth remains a challenge, especially with new players such as Valmo shaking up the logistics market. Mint's startups editor Ranjani Raghavan tackles the question of whether Ecom Express's IPO can succeed when Delhivery's stock has failed to deliver.  SUBJECT/Title: Why finance pros at PE, VC funds are flunking Sebi exam  Pre-head: IRDA approves Burmans' Religare takeover; CCPA issues notice to quick commerce startups Qatar's Nebras deal with Aditya Birla Group's green arm on holdWhy are e-tailers on notice for legal metrology?IRDA gives Burman family green signal for Religaree takeover  Can Ecom Express's IPO succeed when Delhivery's stock has failed to deliver?Why finance pros at PE, VC funds are flunking Sebi exam

We have unlocked the full and unedited subscriber version of episode four which we released on August 8 for Premium subscribers of The Ken and on Apple Podcasts. Now you can stream it wherever you listen to your podcasts for free for a few weeks.The conventional wisdom is that Bengaluru is India's Silicon Valley. It's the cradle of India's tech revolution. First there was Infosys and Wipro on the IT services side. Then when startups become cool and hip, the default location to get it all started was also Bengaluru. Take the leaders across sectors, and you'll see they belong to Bengaluru — Flipkart, InMobi, Swiggy, PhonePe, Myntra, Ola, Amazon, Unacademy, Byju's…and much more. But of late, it looks like something has changed. There's now a sentiment that Bengaluru is for people who “want to” build startups, but Delhi is for people who build businesses. Delhi companies are the ones who seem to be gutsier, more resilient, and stronger. The list of tech companies that have gone public — Zomato, Paytm, Mamaearth, Infoedge, Delhivery, have one thing in common i.e Delhi. Why is this distance so wide? Do cities really influence businesses that much?Our guests for this episode have stories that might make you agree. Our first guest is Prashant Singh, who's the Head of Product at JAR, in Bengaluru. He's spent 20 years in Delhi, where he set up his own startup and sold it to Paytm. He's now in Bengaluru, and he's not convinced that a city can affect a company's future…but he remembers the early building days of Delhi – a city with a get-thing-done attitude and massive “ops chops.”Our second guest is Arnav Gupta, the Director of Engineering at JioCinema. He has also founded and sold his own edtech startup, as well as led the engineering and product for the Zomato app. Arnav worked in Delhi before VCs pulled him to Bengaluru – and now that he's spent a few years here, he knows what sort of companies only Bengaluru can give birth to, and why. Joined by hosts Rohin Dharmakumar and Praveen Gopal Krishnan, our guests discuss the unique cultural context each city adds to a business, why it's causing a rivalry, and what this means for the Indian startups ecosystem, going forward.If you like the episode rate us on your favorite streaming platform. Write to us what you thought about the episode at twobytwo@the-ken.com

For a while now, some of the biggest players in India's third-party logistics industry have been riding on the success of e-commerce unicorn Meesho. As of 2023, it accounted for over half of the 2.5 billion shipments that were being handled by third-party logistics players. Companies like Delhivery and Ecom Express happily rose to the occasion and partnered with Meesho to handle all its order deliveries. For logistics companies this was a dream come true because most of the other major e-commerce players in India – like Flipkart and Amazon – take care of all their logistics in-house. Now, Meesho has announced the launch of Valmo, its own in-house logistics arm. Naturally, third party logistics partners are nervous. But no one is more shaken up than Ecom Express.Tune in.P.S The Ken's podcast team is hiring! Here's what we're looking for.Daybreak is now on WhatsApp at +918971108379. Send us a hello with your name and since when you've been listening to us and be a part our community. Also, if you have any recommendations for this Thursday's Unwind segment, send them to us as texts or voice notes.Want to be part of the Daybreak community? Introduce yourself here.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

Welcome to another episode of Two by Two, a weekly premium business podcast from The Ken. You'll notice that this week, we've released a 30-minute version of our new episode. But if you're a premium subscriber of The Ken, you can access the full, uncut episode on our app! Click here to listen to the full episode. Download the app to access all our full episodes, every single week!On to today's episode:The conventional wisdom is that Bengaluru is India's Silicon Valley. It's the cradle of India's tech revolution. First there was Infosys and Wipro on the IT services side. Then when startups become cool and hip, the default location to get it all started was also Bengaluru. Take the leaders across sectors, and you'll see they belong to Bengaluru — Flipkart, InMobi, Swiggy, PhonePe, Myntra, Ola, Amazon, Unacademy, Byju's…and much more. But of late, it looks like something has changed. There's now a sentiment that Bangalore is for people who “want to” build startups, but Delhi is for people who build businesses. Delhi companies are the ones who seem to be gutsier, more resilient, and stronger. The list of tech companies that have gone public — Zomato, Paytm, Mamaearth, Infoedge, Delhivery, have one thing in common i.e Delhi. Why is this distance so wide? Do cities really influence businesses that much?Our guests for this episode have stories that might make you agree. Our first guest is Prashant Singh, who's the Head of Product at JAR, in Bangalore. He's spent 20 years in Delhi, where he set up his own startup and sold it to Paytm. He's now in Bangalore, and he's not convinced that a city can affect a company's future…but he remembers the early building days of Delhi – a city with a get-thing-done attitude and massive “ops chops.”Our second guest is Arnav Gupta, the Director of Engineering at JioCinema. He has also founded and sold his own edtech startup, as well as led the engineering and product for the Zomato app. Arnav worked in Delhi before VCs pulled him to Bangalore – and now that he's spent a few years here, he knows what sort of companies only Bangalore can give birth to, and why. Joined by hosts Rohin Dharmakumar and Praveen Gopal Krishnan, our guests discuss the unique cultural context each city adds to a business, why it's causing a rivalry, and what this means for the Indian startups ecosystem, going forward.If you like the episode rate us on your favorite streaming platform. Write to us with your opinions and suggestions on twobytwo@the-ken.com

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are the top developments ahead of the trading session of August 2 -After three days of teasing the landmark, the Nifty finally scaled the mark of 25,000, thereby starting off August on a positive note. What generally follows an event like this is a sell-off from higher levels. Yesterday, there was some bit of resistance for the Nifty as well around the 25,100 mark owing to which it reversed from its latest record high of 25,078, but the fact that the index managed to hold on to 25,000 at close, will give the bulls a lot of comfort. -Stocks to watch: Tata Motors, Zomato and ITC, Godrej Agrovet, Kalyan Jewellers, Vaibhav Global, Infosys -Earnings: Dalmia Bharat, Delhivery, CAMS, Hindustan Zinc, UPL, PSP Projects, Titan, LIC Housing Finance -Nagaraj Shetti of HDFC Securities says even as the Nifty has crossed 25,000, the crucial hurdle between 25,000 - 25,100 remains intact. He anticipates further consolidation or a minor near-term dip. -In the US overnight, stocks sold off with the Dow Jones Industrial Average tumbling nearly 500 points, as investors' fears over a recession surfaced. The Dow dropped 1.2%. The S&P 500 shed 1.3% while the Nasdaq Composite  slipped more than 2%. -Some fresh data stoked fears over a possible recession and the notion that the Federal Reserve could be too late to start cutting interest rates. Initial jobless claims rose the most since August 2023. -This morning, Asian markets also fell after the Wall Street sell-off, with Japan's Nikkei 225 leading losses. Japan's benchmark indexes nosedived as much as 5% on Friday, with most Asia-Pacific markets lower after a sell-off on Wall Street overnight over recession worries. -Intel shares slid as much as 20% in extended trading overnight after the chipmaker said it would lay off over 15% of its employees as part of a $10 billion cost-reduction plan and reported lighter results than analysts had envisioned. -In commodities, oil headed for a fourth weekly drop as demand concerns in the world's two biggest economies overshadowed heightened geopolitical risk. Brent crude traded near $80 a barrel after dropping by 1.6%. -Ola Electric's over Rs 6000 cr IPO opens for subscription today. Its anchor book saw participation from marquee investors. -Gift Nifty was trading 0.18% lower than the Nifty futures' Thursday close, implying a lower start for the Indian market. Tune in to the Marketbuzz Podcast for more cues

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are all the important updates ahead of the trading session of July 11 -The Nifty 50 failed to see follow-through yesterday & broke a prior low. However, It's Too early to judge if we are in for a bit of a pullback. The Nifty witnessed its biggest single day fall in over a month, which is the Lok Sabha election result day of June 4. -Despite the drop, the market continued with its "buy-the-dip" trend. At one point, the Nifty even slipped below the mark of 24,150 but saw a recovery of nearly 200 points from those levels to close above the 24,300 mark. -Most index heavyweights, be it Reliance Industries, HDFC Bank or TCS were on the same losing end in Wednesday's trade, although the recovery in the index also came as the first two recovered from their respective session's low. -Today, TCS will remain in focus as it kickstarts the earnings season for the Nifty 50 companies, the reaction of which of course, will be seen on Friday. -Today is also the weekly options expiry of the Nifty 50 contracts and it remains to be seen whether the recovery made late on Wednesday is sustained or some expiry related volatility will lead to a retest of Wednesday's low, which also happens to be the lowest since July 1. -Both foreign and domestic investors continued to be net buyers in the cash market on Wednesday but that number could also be skewed due to the block deals seen in Delhivery and Mankind Pharma. -Experts like Nagaraj Shetti of HDFC Securities believe that the near-term uptrend of the Nifty remains intact but the market seems to have started to show signs of profit booking between 24,400 - 24,500 levels. -The GIFTNifty was trading with a premium of more than 40 points from Nifty Futures' Wednesday close, indicating a start in the green for Indian market. -Stocks to track: Glenmark Life, Kesoram Industries, Tata Elxsi, Sula Vineyards, Power Grid, SBI, Nykaa, Sona BLW Precision -Asian equities advanced after a rally in the world's largest tech stocks lifted global shares to new highs ahead of US inflation data due later Thursday. Equities in Japan, Australia and China rose, echoing the bullish pulse on Wall Street on Wednesday. -The S&P 500 and Nasdaq 100 each gained more than 1%, and a gauge of global equities also rose, all to records, spurred by the likes of Nvidia Corp. and Apple Inc. The S&P 500 has advanced in each of the past seven sessions, its longest winning streak since November. Tune in to the Marketbuzz Podcast for more cues

In this episode of Market Minutes, Nandita Khemka talks about the key factors to watch out for today before the equity market opens. Nifty and Sense notched record close on Tuesday after three days of rangebound moves. Will the march towards 25,000 continue? Among stocks in news, watch out for Delhivery, Mankind Pharma and Delta Corp. Namita Thapar-backed Emcure Pharma is expected to a see a listing pop of over 30% to its issue price of 1008 rupees apiece. Also catch Sneha Poddar, AVP - Retail Research, Broking and Distribution at MOFSL in the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are all the important updates ahead of the trading session of July 10 -The bulls continue to charge ahead. Yesterday, the Nifty closed above 24,400 for the first time and so far the index has gone up 1200 points in a month. -Both FIIs and DIIs bouhth in the cash market yesterday. -Auto majors Maruti and Mahindra & Mahindra, along with ICICI Bank and ITC led the index to newer peaks. ITC gained for the fifth day in a row, and is attempting a retest of its previous highs after a few months of sideways price action. The Nifty Auto index was also the top sectoral performer of the day, ending at record levels. -The broader markets also moved in tandem with the benchmark indices but there were pockets that outperformed. Barring auto, PSU banks made a comeback after a few days of underperformance, while Pharma resumed its uptrend from the week gone by. IT and Metals had a dull day. -Summarising the current market mood, veteran investor Vijay Kedia had a warning. He believes that the right adjective to describe the current market scenario is a "stampede" and not "euphoria" as it has gone beyond the latter. He added that market regulator SEBI will take some steps to stop this "frenzy." -Emcure Pharma is set for listing today. -The market is sitting in anticipation of further cues from the IT earnings that begin this Thursday or July 11. -The focus remains on the globe as to how the US markets, having made new record highs almost every single day, react to Fed Chair Jerome Powell's testimony. -Asian markets were mixed this morning. Shares in Australia and Japan fell Wednesday while Chinese futures pointed to gains ahead of key economic data after fresh highs of US equities. Hong Kong futures contracts rose earlier, following a Tuesday rally for mainland stocks and a gauge of US-listed Chinese shares. -Overnight in the US, S&P 500 advanced for a sixth consecutive session, its longest winning streak since January, as traders held to bets the Federal Reserve will cut rates this year. The Nasdaq 100 also set a fresh record. -Fed chief Jerome Powell was careful not to offer a timeline for rate cuts in comments to lawmakers on Tuesday. However, he emphasized mounting signs of a cooling job market after government data showed a third straight month of rising unemployment. -GIFTNifty was trading with a premium of more than 5 points from Nifty Futures' Tuesday close, indicating a flat start but in the green for the Indian market this morning. -Stocks to track: KDDL, Delhivery, Mankind Pharma, Infosys, Delta Corp, Rail Vikas Nigam, Adani Ports, Bank of Baroda, KIMS, Havells India, JSW Steel Tune in to Marketbuzz Podcast for more news and cues

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, May 7, 2024. My name is Nelson John. Let's get started:The public markets stayed largely flat on Tuesday. Sensex was marginally up, while Nifty fell by 0.15 percent.Linde India, an industrial gas giant, did better than the market indices yesterday: its shares were up 1 percent on the day. In the past two months, the company's share price has surged by 50 percent as investors have anticipated a windfall from Linde's parent company announcing multiple deals to supply gas in India. As India gears up to try and become a hub for semiconductor manufacturing, there are some unanswered questions regarding Linde's India business. Linde's parent company, which is listed in the US, had announced the proposed business deals in India. Investors assumed that these businesses would be carried out by the company's India arm. However, Linde hasn't provided any clarity over this matter at all, reports Nehal Chaliawala. This is an odd case of a parent company being at odds with a regional unit, and millions of retail shareholders might get hurt as a result.A few weeks ago, Elon Musk appeared pumped to come to India. He was going to meet the prime minister, as officials provided Tesla with a slew of benefits to sell the electric vehicle in India. But at the last minute, he cancelled this trip—and ended up in China instead. Musk was able to secure an approval for Tesla's self-driving cars to be sold in China as a result of this trip. This was crucial for the company: China is the world's largest market for EVs. These are some of the reasons why Musk rebuked India for China, write our partners at how india lives . com. Click the link to the story from the show notes in your app to see the charts accompanying this story.Indians love to shop — and they want their cart to be delivered to their doorstep. While metro cities have always enjoyed widespread service, e-commerce penetration has also improved in smaller towns of India. But it's not just online marketplaces that are reaping the benefits: logistics firms are enjoying the boom too. Priyamvada C writes that companies like Ecom Express, XpressBees, ShadowFax, and Delhivery are earning a significant chunk of their revenue from tier 2 and beyond cities. Priyamvada spoke to executives from the startup ecosystem for this story, one of whom told her that around 60% of growth is likely to come from smaller towns. Who doesn't like to save on tax? In India, the personal finance industry seemingly finds loopholes in no time. Often, these are plugged by the authorities. The rules for a particular type of tax-saving insurance scheme with expensive premiums were changed. Now, any premium above 5 lakh rupees gets taxed at your income tax rate. But since the loophole was plugged, expensive life insurances have seldom found buyers. But fret not: another loophole has been found, reports Aprajita Sharma. For whole-life insurance plans, insurers are offering a complex plan: one could avail a loan against the maturity proceeds of this scheme, tax-free. It's an interesting idea for the time being, but Aprajita recommends checking with your tax advisor before entertaining this idea.Pepsi versus coca cola has been a fight the world over. In most areas, Coke wins by a comfortable margin. But in a particular segment in India, Pepsi has the upper hand: the energy drinks market. You might have seen it in any given shop with a fridge: a small, bright red coloured plastic bottle named Sting. In just 6 years, Sting now makes up 15 percent of the total bottling capacity of Varun Beverages, the main bottler for Pepsi in India. Sting is a hit across social stratas, and at a starting price of 20 rupees, is the most popular energy drink in India. Red Bull created this segment the world over, but Sting is the king in India, and in nearby countries like Pakistan and Vietnam. Sumant Banerji writes about this wildly popular product, and what kind of potential it has in the Indian market right now.We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance. Show notes:Will Linde India really benefit from the semiconductor business?Why Elon Musk prioritized China over India As small-town shoppers go online, it's not only ecomm firms that are celebrating Take loan to avoid tax: a new loophole in insurance town How a re-energized PepsiCo stung Red Bull with Sting

In this episode of The Startup Operator Roundup, Gunjan and Roshan break down the week's startup news and more!If you liked this episode, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode! Topics 00:00 Introduction01:39 Opening comments - Bharat Ratna winners & Pakistan elections04:01 Paytm Vs RBI 13:39 Satya Nadella's visit to India 15:17 45X returns from Country Delight18:04 Broadcasters push for separate OTT regulation22:01 Karnataka to Ola and Uber surge pricing?25:55 Delhivery hits profitability 26:55 Fundraises of the week 30:19 Talk of the town  ------------------------------------- Click here to get regular WhatsApp updates:https://wa.me/message/ZUZQQGKCZTADL1 ------------------------------------- Connect with Us: Linkedin: https://www.linkedin.com/company/startup-operator​Twitter: https://twitter.com/OperatorStartup​​ ------------------------------------- If you liked this episode, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode!

Indian benchmark indices, Sensex and Nifty 50, are likely to open in the red in the trading session of February 5 with a focus on stocks like Zee Entertainment, Paytm, Tata Motors and Delhivery among others.  India's GIFT Nifty was trading at 21,919 points as of 7:54 am IST, suggesting the NSE Nifty 50 will open near its February 2 close of 21,853.80. Last week, Nifty Bank outperformed the Nifty on a weekly basis for the first time in almost two months. It gained 2.5% last week compared to the Nifty 50's 2.3% gain. The last time this happened was in December 2023. However, overall the market sold off sharply. The Nifty 50 although it ended higher, it closed almost 300 points off the highest point of the day. The Nifty Bank, despite outperforming last week, was still the weaker among the two. Out of the last 11 sessions, the Nifty Bank closed above 46,000 only twice. The week starting February 5 is a data heavy week with quarterly earnings of Britannia, Bharti Airtel and Lupin, and RBI monetary policy.  This morning, Asian markets were lower after data showed US non-farm payrolls jumped more than expected in January, highlighting a resilient economy and weighing on hopes of an early Fed rate cut. Brent crude futures inched up 8 cents to $77.41 a barrel by 0131 GMT, while U.S. West Texas Intermediate futures were flat at $72.28 a barrel. Tune in to the Marketbuzz Podcast for more cues

Equity Cash: RCF, Delhivery and Tata Motor DVR Equity Derivatives: MGL 1250 CE, BAJFIN 7500 CE Index Derivatives: Nifty 21500 CE, Nifty Bank 47700 CE --- Send in a voice message: https://podcasters.spotify.com/pod/show/kunvarji-group1/message

In this episode of Market Minutes, Zoya Springwala talks about the key factors to watch out for today, from RBI's increase of risk weight by 25 percent on consumer credit exposure of banks and NBFCs, IDBI Bank's upcoming stake sale to the global market set up. Also, catch Vinit Bolinjkar on the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

In this episode of Market Minutes, Shailaja Mohapatra puts the spotlight on why TCS, Delhivery and HMA Agro are in focus today. Also, catch Rohit Srivastava of Indiacharts.com in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends. (With inputs from news agencies)

In this episode, find out about Carlyle offloading a 2.5% stake in Delhivery via a block deal, and also about TCS's $1.1 bn deal from UK' Nest. Business Term of the Day: Insurance Broker

In this episode, find out about HDFC bank's new home loan business head, also why Delhivery moved NCLT against Go First. Business Term of the Day: Call money rate

In today's episode for 27th May 2023, we explain how Delhivery's diversifying its business in a bid to reach profitability. We've launched an endeavor to give simplified health and life insurance advice via Ditto Insurance. Book a free consultation call with our advisors or just drop us a text on WhatsApp for all your insurance queries. Check out Ditto: https://bit.ly/3ym6GjO Insta- https://www.instagram.com/joinditto/ Twitter- https://twitter.com/joinditto

In this episode, Anjali Bansal, Founding Partner @Avaana Capital, joins our host Digjay, to talk about her path leading up to Avaana Capital, investing in process & product innovation, key headwinds & tailwinds in the current climate tech cycle, innovative sustainability startups from Avaana's portfolio, the role of the board at early stages of a startup, importance of having a diverse board, how can founders draw maximum value from their board, and what to overindex on to build longevity in one's career. Avaana is an early/growth stage fund that invests in technology and innovation-led start-ups catalysing climate solutions and sustainability. Some of its marquee portfolio startups include the likes of Terra.do, Farmart, Eeki Foods, Animall and Praman among others. Anjali has also invested in and mentored various successful start-ups including Delhivery, UrbanClap, Nykaa and Lenskart. Previously, Anjali has been the Non-Executive Chairperson of Dena Bank, appointed by the Govt. of India to steer the resolution of the stressed bank. Prior to that, Anjali was a Global Partner and Managing Director with TPG Growth PE. She also serves as an independent director on several leading boards including Tata Power, Bata, Kotak AMC, and Piramal Enterprises. Anjali is also a member of the Advisory Council for the Open Network for Digital Commerce (ONDC) and serves on the CII National Committee on Corporate Governance. You can connect with her here on Linkedin ---- Show notes – (02:17) Anjali's background & path leading up to Avaana Capital (06:37) Identifying the scale-up potential of startups (10:28) Investing in process & product innovation (14:30) Climate tech – Key headwinds & tailwinds in the current climate tech cycle (18:43) Cutting through the noise and staying focused when investing in a hot market/theme (21:37) Full-stack support that Avaana brings to startups (23:40) Innovative climate tech startups that are part of Avaana's portfolio (26:02) Role of the board at early stages of a startup and how does that evolve as the startup matures in it's lifecycle (30:08) Importance of having a diverse board and how to draw maximum value from your board (33:35) Reflecting on a multi-decadal career - What to overindex on to build longevity in one's career? (35:25) Advice for first time GPs (38:04) Rapid fire and closing remarks ---- If you liked our episode, you can subscribe to our podcast on any podcast platform of your choice (like Spotify & Apple iTunes). We would appreciate if you could leave us a review on Spotify or Apple iTunes. This helps others discover the podcast organically. You can visit thevcpreneur.com and follow us on Twitter @thevcpreneur_ & Instagram @thevcpreneur for more episodes and interesting insights on the startup ecosystem. You can also follow our host Digjay here on Linkedin & Twitter

On this episode of The Shape of Work, our guest discusses the top priorities from a business and talent perspective and the challenges of staying current with the latest innovations."We have adapted our strategy to optimize the efficiency of our employees and to enable our team to utilize remote tools as well. There is no need for anyone to travel across the city to meet someone when the same goals can be accomplished through a Zoom call."We welcome Himanshu Garg, the founder and CEO of Fanztar, India's first platform that enables fans to own a share of their favorite creators' success. Fanztar enables fans to become active shareholders in the creator economy rather than being passive consumers of content.Prior to Fanztar, Garg has over eight years of experience and has worked at organizations such as Delhivery as Senior Manager of New Ventures and Wrig Nanosystems as Business Head.Episode Highlights:The crucial traits to look for when hiringHow can a leader help everyone on the team reach their full potentialThe top priorities from a business and talent perspectiveThe top issues when keeping up with the latest innovationsFollow Himanshu on LinkedinProduced by: Priya BhattPodcast Host:Shradha MundhraAbout Springworks:Springworks is a fully-distributed HR technology organisation building tools and products to simplify recruitment, onboarding, employee engagement, and retention. The product stack from Springworks includes:SpringVerify— B2B verification platformEngageWith— employee recognition and rewards platform that enriches company cultureTrivia — a suite of real-time, fun, and interactive games platforms for remote/hybrid team-buildingSpringRole — verified professional-profile platform backed by blockchain, andSpringRecruit — a forever-free applicant tracking system.Springworks prides itself on being an organisation focused on employee well-being and workplace culture, leading to a 4.8 rating on Glassdoor for the 200+ employee strength company.

In this episode of The Week on Dalal Street, Moneycontrol's Santosh Nair and CNBC Awaaz's Anuj Singhal discuss the renewed interest in new age business stocks like Paytm, PB Fintech and Delhivery and whether they make for good long term bets

In this edition of Market Minutes, Shailaja Mohapatra talks about Pre-IPO lock-in for many companies including Nykaa, Paytm and Delhivery set to expire in November. What should investors watch out for? Market Minutes is a morning podcast that tracks the risk-reward in stock markets by putting the spotlight on keys data points and developing trends.

Amazon says fear of Google putting off vendors from TV hardware partnership; YouTube Premium's family plan gets a price hike in several countries; Delhivery falls to all-time low after muted growth report

Amazon says fear of Google putting off vendors from TV hardware partnership; YouTube Premium's family plan gets a price hike in several countries; Delhivery falls to all-time low after muted growth report

Equities fought volatility and surged last week, as stocks danced to the tunes of global cues, domestic news flow and corporate earnings.  Among indices, financials lead from the front, while a steep cut in excise duty on fuel prices and capping of sugar exports, saw stocks from these sectors react negatively. Eventually, the BSE Sensex moved in a band of 1,500 points, and finally ended the week with 1 per cent gain. The NSE Nifty, on the other hand, was up 0.5 per cent, while the Bank Nifty surged nearly 4 per cent. However, despite last week's gains, the benchmark indices may end the current month on a negative note, marking their biggest declines in May since 2012. The BSE benchmark Sensex and the Nifty were down close to 4 per cent so far this month, primarily dragged down by the persistent FII selling.  Foreign investors have, now, been net sellers for eight straight months and have net sold stocks worth more than 52,000 crore rupees so far this month. According to VK Vijayakumar of Geojit Financial Services, FPI selling is showing mild signs of exhaustion. DII and retail buying together with overwhelming FPI selling along with short covering can trigger a near-term rally. High quality large-caps can stage a rally, says Vijayakumar, adding that leading banks are safe bets.  Against this backdrop, Business Standard's Avdhut Bagkar shares how the banking stock is placed on the charts. Going ahead, markets will look at Q1CY22 GDP number, slated to be announced on Tuesday, for fresh cues on the economic recovery. As per a Reuters poll of economists, India's economic recovery from the Covid-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation. ‘Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year and a third consecutive quarter of weaker growth'. Amid these triggers, technical charts suggest that the NSE Nifty managed to close above its 20-DMA for the first time since April 13, 2022. The Nifty may look to target the trendline resistance around 16,750 in the near term.  On the downside, the index can expect support around 16,200-level. As we draw curtains on the Q4 earnings season, stocks like Aurobindo Pharma, Delhivery, IRCTC, Jindal Steel and Sun Pharma could see some action ahead of earnings on Monday.

Equities fought volatility and surged last week, as stocks danced to the tunes of global cues, domestic news flow and corporate earnings.  Among indices, financials lead from the front, while a steep cut in excise duty on fuel prices and capping of sugar exports, saw stocks from these sectors react negatively. Eventually, the BSE Sensex moved in a band of 1,500 points, and finally ended the week with 1 per cent gain. The NSE Nifty, on the other hand, was up 0.5 per cent, while the Bank Nifty surged nearly 4 per cent. However, despite last week's gains, the benchmark indices may end the current month on a negative note, marking their biggest declines in May since 2012. The BSE benchmark Sensex and the Nifty were down close to 4 per cent so far this month, primarily dragged down by the persistent FII selling.  Foreign investors have, now, been net sellers for eight straight months and have net sold stocks worth more than 52,000 crore rupees so far this month. According to VK Vijayakumar of Geojit Financial Services, FPI selling is showing mild signs of exhaustion. DII and retail buying together with overwhelming FPI selling along with short covering can trigger a near-term rally. High quality large-caps can stage a rally, says Vijayakumar, adding that leading banks are safe bets.  Against this backdrop, Business Standard's Avdhut Bagkar shares how the banking stock is placed on the charts. Going ahead, markets will look at Q1CY22 GDP number, slated to be announced on Tuesday, for fresh cues on the economic recovery. As per a Reuters poll of economists, India's economic recovery from the Covid-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation. ‘Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year and a third consecutive quarter of weaker growth'. Amid these triggers, technical charts suggest that the NSE Nifty managed to close above its 20-DMA for the first time since April 13, 2022. The Nifty may look to target the trendline resistance around 16,750 in the near term.  On the downside, the index can expect support around 16,200-level. As we draw curtains on the Q4 earnings season, stocks like Aurobindo Pharma, Delhivery, IRCTC, Jindal Steel and Sun Pharma could see some action ahead of earnings on Monday.

The introduction of a 15% export duty on most steel products, up from zero, and an increase in levies on iron ore and pellets to 45-50% propelled a sharp slump in metal stocks on Monday. Shares of Tata Steel, JSW Steel, Jindal Steel, SAIL and NMDC cracked up to 20% in intra-day trade.   Analysts have now turned pessimistic particularly on metal companies as the recent policy moves are set to undermine their operational performance from hereon.   According to Bhavesh Chauhan, Research Analyst, IDBI Capital, hike in export duty negative for the sector and 15% duty hike means lesser realisations from exports. Steel companies' exports range between 10-25% of sales, Chauhan says adding that margins, already under pressure, likely to shrink further. Downgrades will happen, evaluation awaited to see if there is any upside left.   Some brokerages have already initiated rating downgrades on leading steel stocks as the hike in export duties is expected to lead to a sharp correction in domestic steel prices.  CLSA, for instance, has reduced domestic steel price estimates by 8-10%. On the back of lower steel prices, the brokerage has cut the Ebitda estimate for steel companies by up to 24%. It sees no near-term upside catalysts for the sector, other than a stimulus in China. ICICI Securities, meanwhile, has highlighted the policy decision as extremely negative for the steel sector expecting a broad-based multiple de-rating for the industry. It has also lowered its ratings for most metal stocks.  The brokerage has broadly assessed a likely Rs 5,000-7,000/te of impact on EBITDA for integrated steel players, while for unintegrated steel equities like JSW Steel the impact can be Rs 5,000/te. “Due to the measures announced by the government, near-term correction in steel stocks is imminent. We believe the ramification of these decisions by the government will be felt widely across all parts of the industry,” says Motilal Oswal   According to Motilal Oswal, the export duty hikes can impact the valuation of the sector and companies' ability to invest in capacity growth in the long term.  On the contrary, the government has reduced excise duties on petrol and diesel by Rs 8 and Rs 6 per litre, respectively. Following this, Parbhudas Liladhar has cut its FY23 EPS estimates for HPCL and BPCL by 56% and 40%, respectively, as elevated oil prices remain challenging.  According to the brokerage, OMCs ability to reduce high marketing losses will be contingent on crude price correction, as high inflationary pressure will prevent meaningful retail price hikes despite excise duty cuts. [Parbhudas Liladhar]   Technical charts suggest shares of BPCL could see a bounce until their new 52-week low remains unbreached.  The weekly chart of Hindustan Petroleum Corporation, meanwhile, currently signals a bearish trend. The stock price of Indian Oil Corporation is well-placed given its sustenance above the 200-day moving average level.  On Tuesday, logistics player Delhivery's market debut will be closely watched, while in the primary market chemical company, Aether Industries' Rs 808 crores-IPO will open for subscription.  Besides, Adani Ports, Balkrishna Industries, Balrampur Chini, Grasim, Ipca Laboratories and Metropolis Health will be on investors' watch ahead of their Q4 results. That apart, stock-specific action and global cues will dictate the market trend.

In this episode, find out about Marco's move to acquire 54% stake in True Elements, also find out about NHP's plan to float largest solar power project in Odisha Business Term of the Day: Tight monetary policy

In this week's episode of Think Fast, hosts Varun & Suchita begin by telling us about Ather Energy securing funding, Apple's latest hire- an ex-Ford employee, some more Elon Musk, First Cry delaying their IPO, and how White Hat Jr's employees quit on being called to the office. Further, Suchita deep dives into the rise of Athleisure and its foray into sub-segments like activewear, Tennis wear, and so on, the Sneakers market and how it's been growing and attracting not just the millennials but the older folks as well, how Jens and Emma Grede have been accelerating Celebrity led brands including the likes of the Kardashians, and Lady Gaga relaunching her own brand after a tryst with bad timing and decisions. Varun looks at a creator survey led by Patreon and its interesting insights, the peak of Start-up winter with brands like Swiggy, Zomato, and Meesho slowing down to conserve cash, and Instagram's foray into NFTs. Tune in for all this and more. Suchita Recommends a book: Anna: The Biography by Amy Odell(https://www.amazon.com/Anna-Biography-Amy-Odell/dp/1982122633)And a show: Bling Empire Season 2(https://www.netflix.com/watch/81039144?source=35)Varun recommends a show: The Lincoln Lawyer(https://www.netflix.com/watch/81335096?source=35&trackId=254743534)You can follow Varun Duggirala on Twitter at: https://twitter.com/varunduggi and on Instagram at https://instagram.com/varunduggiYou can follow Suchita Salwan on Twitter at https://twitter.com/suchitasalwan and on Instagram at https://instagram.com/suchitasalwanCheck out video episodes on the Think Fast YouTube Channel.(https://www.youtube.com/channel/UCbtHHMZ_01TyL3kXhJV4Ddg)You can follow IVM Podcasts on social media. We are @IVMPodcasts on Facebook, Twitter, Instagram, YouTube.You can listen to this show and othe

In this video, we take a look at India's journey to 100 unicorns, from it's first ever startup unicorn in 2011, in the form of inMobi, to neobanking startup Open becoming 100th unicorn in 2022. The term 'unicorn' was created by American VC and entrepreneur Aileen Lee in 2013, she took all of the U.S.-based software companies that were started in or before 2003 and had achieved a valuation of $1 billion through public or private market investors, and put them in a club: the Unicorn Club. In India's case, it's unicorn journey started in 2011, when InMobi, a company that was founded in 2007, became a unicorn. Following this, Flipkart became a unicorn in 2012, Mu Sigma in 2014 and then Ola in 2014. Snapdeal also became a unicorn in 2014, but they have since exited from this club due to their valuation falling below $1 Billion. Companies like Quikr, Hike and Shopclues also fall in this category. Then we have companies who have been since acquired and also bags the question that should they be counted as unicorn today? Flipkart is an example here, which was acquired by Walmart. Then you have startups like Billdesk, which was bought by PayU, PhonePe getting acquired by Flipkart and BigBasket, which became a unicorn in 2019 and were acquired by Tata Digital in 2021. All this while, India's unicorn growth was pretty slow but steady till 2017, when Jio launched its 4G services, and this brought a mobile internet revolution in the country. From 1 unicorn in 2017, India saw 10 unicorns in 2018: B2C unicorns included Swiggy, OYO, BYJU'S, Policybazaar, Paytm Mall, and Phonepe, and B2B unicorns included Rivigo, Freshworks, Billdesk, and Udaan, which was the fastest company to become a unicorn at the time - it took them just 26 months. Then, in 2019, things slowed down a bit, with just 7 unicorns that year: in the B2C category were Ola Electric, Lenskart, Dream11, Delhivery, and BigBasket, and in the B2B category were Incertis and Druva. In 2020, COVID increased people's reliance upon the internet, and host of Indian e-commerce startups like Firstcry, Cars24, and Nykaa became unicorns. Facilitating these online payments resulted in fintech companies like Razorpay and Pine Labs also achieving unicorn status. B2C startups like Verse Innovation (Dailyhunt), ed-tech startup Unacademy, fintech startup Zerodha, and SaaS startup like Zenoti and Postman also became unicorn in the same year. 2020, was followed by an even bigger year in terms of unicorns in 2021, when 44 Indian companies became unicorns. This year saw 11 E-commerce startups (Spinny, OfBusiness, Moglix, Mensa, Meesho, Mamaearth, Licious, Infra.Market, Good Glam Group, GlobalBees, Droom), 11 Fintech startups (Zeta, Slice, Mobikwik, Groww, Digit, CRED, Coinswitch Kuber, CoinDCX, Chargebee, BharatPe and Acko) becoming unicorns. Then we have 5 enterprisetech and SaaS startups (Mindtickle, MapmyIndia, Gupshup, BrowserStack, Apna), 4 health startups (Cure.fit, Innovaccer, Pharmeasy, Pristyn Care), 4 consumer service startups (Blinkit, CarDekho, Rebel Foods, Urban Company), and 3 edtech startups (Eruditus, Vedantu and Upgrad) also becoming unicorns. Other 2021 unicorn categories include Media and Entertainment startups MPL and sharechat, Logistics startup Blackbuck, Traveltech startup Easemytrip , Real Estate startup Nobroker, and Manufacturing startup Zetwork. Talking about where where these startups coming from, they were all from tier 1 cities. Bangalore is leading this list with 39 unicorns, NCR region with 32 unicorns, mumbai with 16, Pune with 6, Chennai with 5 and Hyderabad with 2. Now we are halfway in 2022 and we have already produced and now it seems that by 2025, India will have upwards of 250 unicorns. So that will be exciting to watch and we will continue to track all of this in our upcoming episodes.

The race to acquire Ambuja Cements and ACC seems to be entering the final lap now. The two top contenders -- Gautam Adani and Sajjan Jindal -- are now vying to take over the two leading domestic cement companies owned by international building materials giant Holcim which is now exiting India after 17 years. There are some other contenders too, like India's top cement maker Ultratech. But why do all these leading firms want to buy Holcim's stake? And why did the Switzerland-based company decide to quit India which contributes 27% of its global sales volumes.  Holcim's decision to pull the plug on an emerging market like India has indeed baffled many. But, if reports are to be believed, it is doing so due to its commitment to check global warming. Similarly, but not on that scale, a 55-year-old engineer from Ladakh has been doing his bit to spread awareness about climate change for decades now. Sonam Wangchuk is now a familiar name in India, thanks to his now resounding voice on climate change and innovations in the cold mountains. His latest one is a carbon-neutral solar building that stays warm even in freezing conditions and can help clean the toxic air of Delhi and NCR. Business Standard's Nazia Iqbal caught up with him in Ladakh to know more. Like the weather, markets too are going through a volatile phase. Volatility in the secondary market against the backdrop of US Fed rate hike and ongoing Russia-Ukraine war has seen two companies – Life Insurance Corporation of India (LIC) and Delhivery -- trim the size of their initial public offers in May. Will more companies follow the suit as the markets are likely to remain choppy?  It may have hit the economy and markets adversely, but the pandemic was in a way good for the Indian pharma industry. India makes about 60% of the world's vaccines and 20% of generic drugs. The US is a major export destination. On its part, the US administration carries out regular inspections at offshore drug making units to ensure that they stick to the standards. In one such recent check, the US FDA has issued Form 483 to a firm. This episode of the podcast demystifies the Form 483 and more.

After public sector insurance behemoth Life Insurance Corporation of India (LIC) trimmed the size of its initial public offer (IPO) from over Rs 60,000 crore to Rs 21,000 crore, Softbank-backed Delhivery has trimmed its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions.   Delhivery's IPO will be second biggest this year after LIC and among the top-five since 2021. Besides these two IPOs, nearly half a dozen companies plan to raise over Rs 7,500 crore via primary markets in May alone. According to a recent note by Prime Database, 54 companies plan to raise a massive Rs 1.4 trillion, including the LIC IPO, in 2022 and currently hold market regulator Securities and Exchange Board of India's (Sebi's) approval. Another 43 companies, the note said, are looking to raise about Rs 81,000 crore where Sebi approval is still awaited.   The largest IPO in 2021-22 in terms of size, which was also the largest Indian IPO ever till the LIC IPO came around, was of One 97 Communications (PayTM) for Rs 18,300 crore.   So, what's in store for primary markets in the months ahead? Will the fund raising frenzy slow a bit?   According to Sunil Tirumalai, strategist at UBS Securities India, primary markets will definitely see a fallout of slowing flows and pressure on valuations. The downsizing of LIC IPO is an example of the same, he says. Now let's go to Ambareesh Baliga, an independent market analyst, to understand the dynamics in details. IPOs involve long-term planning, he says adding that trimming the IPO size is a prudent thing to do given the current markets. Timing the IPO is difficult, but companies need to leave something on the table for investors for the IPO to garner subscription, he says.    So, will the volatile market conditions see companies trim their offer size? VK Vijayakumar, Chief Investment Strategist of Geojit Financial Services says IPOs do well in a bull-market; key is to get the issue price right. LIC's original plan to offload 5% equity was an uphill task in the current market, he says adding that issuers need not wait for a ‘favourable' time / postpone issue. Message from the market is clear: Get the pricing right, he says.    Today, the markets will react to the US CPI numbers and how the global markets perform. Stock-specific action is likely to continue amid volatility.  

Apple is ending the iPod Touch, the last of the company's series of music devices — including the iPod nano and the Shuffle — that changed how people listen to music forever. Google's annual developer conference starts today. Delhivery gets strong interest from anchor investors ahead of IPO subscription. And Razorpay offers staff an ESOP buyback while bringing on new investors. Notes: Apple is ending the iPod Touch, the last of the company's series of music devices — including the iPod Nano and the Shuffle — that changed how people listen to music forever. The company announced yesterday in a press release that iPod Touch will remain on sale while stocks last. Apple last updated the iPod in 2019. Google's annual developer conference, Google I/O, starts today and will run through tomorrow, with a wide variety of presentations on the latest at the search giant — including AI, updates to the Android operating system, and hardware as well. This year, there are ongoing rumours about Google's first wearable, the Pixel Watch, as well as a midrange counterpart to last year's Pixel 6 smartphones. It's possible we could also see a new pair of true wireless earbuds announced, according to The Verge. Delhivery plans to open its initial public offering today, with a price band of between Rs. 462 and Rs. 487 per equity share of the face value of Rs. 1 each, the logistics startup said in a press release. The company raised Rs. 2,347 crore from allotments to 64 anchor investors yesterday, Economic Times reports. Some of the foreign investors who participated in the anchor share allotment were Tiger Global, Steadview, Baillie Gifford, Amansa, GIC and Invesco HK, according to ET. The IPO subscription closes on May 13. Bids can be made for a minimum of 30 equity shares and in multiples of 30 thereafter. SoftBank may report a record loss for its quarter ended March 31, Bloomberg reports, citing Kirk Boodry, an analyst at Redex Research, who publishes on the investment research network SmartKarma. The Bloomberg report is behind a paywall, but it was also carried by Economic Times. The world's largest tech fund — and one of the biggest investors in India's startup ecosystem — is estimated to have lost about $18.6 billion on its public portfolio alone during the March quarter. The actual bottom line for the fiscal fourth quarter will hinge on how SoftBank marks the value of its vast number of privately-held holdings, including ByteDance, which operates the popular short video platform TikTok, and India's Oyo Hotels, according to Bloomberg. Razorpay, a payments and banking platform provider for businesses, has announced its fourth and largest ESOP sale under its Employee Stock Ownership Plan for its 650 existing and former employees as part of a $75 million transaction. This is led by Lightspeed Venture Partners along with participation from Moore Strategic Ventures, who will subsequently join the company's cap table, Razorpay said in a press release on May 10. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds

In this episode, we take a look at upcoming Top 10 Startup IPOs, many of whom are expected to IPO in 2022. #10 Ixigo: Founded in 2006 by Aloke Bajpai and Rajnish Kumar, Ixigo is an AI-based travel app that facilitates organizing, booking and tracking trips for its 255 million users. The company is currently valued at $600 million and has raised $72 million from their investors. Company is expected to raise 1600 crore rupees through an IPO which will value the company at $850 million. #9 Navi Technologies: Founded by Ankit Agarwal and Sachin Bansal in 2018, the company offers personal loans, insurance, lending, and a host of other services in the BFSI space. So far, they've raised over $580 million from various investors at a valuation of $650 million. Company became profitable in FY21 and is looking to raise 3350 crore rupees from their IPO. #8 Ecom Express: The company was started in 2012 by 4 ex-Blue Dart employees - K. Satyanarayana, Manju Dhawan, the late Sanjeev Saxena, and T.A. Krishnan, and provides end-to-end logistics solutions to both small and large e-commerce companies. With a current valuation of $750 million, the startup has raised over $485 million from a number of VCs and the company is looking to raise 4860 crore rupees with their IPO. #7 Mobikwik: Founded by Bipin Preet Singh and Upasana Taku in 2009, the company started off as a payments platform but has slowly transformed into a fully-fledged fintech startup offering various financial services. They're currently valued at $1 billion and have raised a total of $165 million from a number of prominent VCs. They're looking to raise an additional 1900 crore rupees by going public. #6 Droom: Founded by Sandeep Aggarwal in 2014, Droom is India's largest e-commerce platform for trading used automobiles with a listed inventory of over $14 billion. The company has raised about $333 million from their investors, and they're looking to raise 3000 crore rupees from this IPO. #5 Delhivery: Founded in 2011 by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan, Delhivery provides transportation, warehousing, freight, and order fulfillment services to their customers. So far, Delhivery has raised $1.4 billion from their investors, and by going public, the company is looking to raise around $700 Million at a $5 billion valuation. #4 Firstcry: Founded by Amitava Saha and Supam Maheshwari in 2010, FirstCry offers a wide range of baby products and toys with an inventory of over 90,000 items. Their investors have poured $740 million into the company at a $3 billion valuation, and they're expected to be raising $700 million from this IPO, at a $6 billion valuation. #3 Pharmeasy: Headquartered in Mumbai, the company was started by two friends, Dharmil Sheth and Dhaval Shah with the goal of building an all-in-one healthcare platform. The startup's investors have poured $1.6 billion into the company so far, and they are currently valued at $5.4 billion, and their IPO is expected to value them at between $7 and 8 billion. They're planning to raise 6250 crore rupees from their IPO. #2 Oyo: Founded by Ritesh Agarwal in 2012, and then later Manish Sinha, OYO provides a platform for users to easily find and book accommodation like hotels and homes. They have raised $3 billion from their investors valuing them at $9 billion currently. They'll be raising 8430 crore rupees at a valuation of $12 billion. #1 BYJU'S: Founded by Byju Raveendran and Divya Gokulnath in Bengaluru in 2011, BYJU'S serves over 150 million students around the world with online and offline courses and exam prep. BYJU's IPO is likely be going to take place in second quarter of FY23.

In this episode, we take a look at the journey of Delhivery, leading Indian delivery and e-commerce logistics company, from its origin back in 2011 to its IPO now, in 2022. Origins: Back in 2008, Sahil Barua wanted to start a business, where he would help startups in scaling by providing them expertise and finance. However, he couldn't achieve this and took a job at Bain and Company instead. Here Sahil met his future co-founders, Suraj Saharan and Mohit Tandon. This was the time when e-commerce and food delivery were taking shape in India and this trio decided to jump onto this opportunity. After talking to co-founders of Zomato Deepinder Goyal and Pankaj Chaddah, Sahil, Mohit, and Suraj decided to start a hyperlocal, Delhi-based delivery service geared towards restaurants. They onboarded Bhavesh Manglani as fourth co-founder who was good at coding. They hired an entire fleet of delivery boys from a restaurant in Delhi, which was shutting down, and this was how Delhivery started. The Pivot: from hyperlocal to e-commerce logistics - Delhivery started as a food delivery startups but soon realised the potential in delivering other e-commerce goods like clothes. And so, the team decided to start delivering e-commerce goods along with their ongoing food business. They soon realised that existing logistics delivery companies like Blue Dart and DTDC weren't doing a great job and were taking 2-3 days to deliver goods for small distances. This was because they were using something known as hub and spoke model, which was inherently slow. The team realised that they can disrupt this model with a quicker one by using technology into a model known as Mesh Network model, that enabled them to deliver packages faster and cheaper than anybody else. After doing this, Delhivery's revenue rose four times and that's why they decided to pivot from a food delivery to a fully-fledged e-commerce logistics startup. What was Delhivery doing differently? - Delhivery first and foremost focused on customer-centricity. They decided to do everything that their customer would like, for eg. real time updates or orders. Next they did, which was never tried before in India - modularity. They started offering first-mile delivery, last-mile delivery, and middle-mile delivery as separate, standalone services, alongside their comprehensive, full service packages. This made their business extremely efficient and cheaper. Next thing was, payment collection, which was a huge pain point at the time. At that time, the time taken from a customer paying money to it reflecting in the bank account of seller, could be over 30 days. Delhivery decided to change this by setting up collection centres close to bank and then in 2013, acquired cash-collection startup GharPay, to speed things up even further. By doing this, Delhivery was able to cut down this time from 30 days to 2 days. Growth and competition - Delhivery started to grow rapidly and they started by giving 30 day free trial to their potential customers. They converted most of these customers as their service was so much better. They acquired their biggest clients at the time, IndiaTimes, by doing this only. They believed in their product so much, that they would go to a potential customer and offer them free trial. Then they decided to perfect their operation at one place, before expanding to more cities. They took one year to perfect their operations in Gurugram and then successfully replicated to other cities in India, and today they cover 88.3% of all PIN codes in India.

What are the traits of a perfect leader? Are being a people person, encouraging others, and creating new leaders, some of them? If so, our guest for today, Saugata Gupta, the Managing Director and Chief Executive Officer of Marico Limited, is just the person. Not only is he responsible for driving the company's growth and strengthening its presence both nationally and internationally he has also helped in transforming Marico into a high performing business with a commitment to sustainable development and best in class governance. Along with this, Saugata is also an on the board of Ashok Leyland as Independent Director and is a member of Audit Committee, Nomination and Remuneration Committee and ESG Committee. He is also associated with Delhivery as an Independent Director. Key highlights: You need to have a frame-work for making choices, based solely on your individual liking without getting affected by any outside stimuli In order to prioritize goals, one should be ready to drop a few things It is imperative to find the cusp between doing what you like and what you are good at Time management and multi-tasking is of critical importance in the present time Do justice to the things you do, don't do anything for the heck of doing it Digital world has made the universe a lot more exciting and full of opportunities Being stress-free and happy is as big a contributor to a healthy lifestyle as what you eat Leaders should create more leaders not followers Hybrid model boosts diversity and inclusion If you keep on doing good things, good things happen to you Don't compromise the long term for a short term gain Why should you listen to this podcast: Do you wish to carve your own path? Do you aspire to prioritize your individuality over the opinions of others? This then, is the podcast for you. Motivating all to take their own decisions, Saugata Gupta, will encourage you to find the cusp between what you like doing and what you're good at doing, while simultaneously inspiring you to experiment beyond that too. His words are sure to nudge one towards the direction of introspection and improvement. --- Send in a voice message: https://anchor.fm/iiact/message

In today's video, we look at top 10 Indian startups based in the Delhi-NCR region. #10 Rivigo: In 2014, Deep Garg and Geet Kalra set out to make the profession of truckers more humane and address the growing need of truck drivers in the country by starting Rivigo. The company's innovative relay trucking model not only helps its drivers to go home to their families every day but also makes deliveries for their customers much faster. It is no surprise that Rivigo has become a unicorn and continues to enjoy the support of its investors who have pumped in $268.7 million. #9 GlobalBees: Founded by Edelweiss' former President Nitin Agarwal and FirstCry's co-founder Supam Maheshwari in 2021, GlobalBees invests in and acquires D2C brands that they believe have massive growth potential. GlobalBees then uses their own expertise to help these brands scale their business, turning them into highly successful portfolio companies. #8 MamaEarth: Founded by Ghazal Alagh and Varun Alagh in 2016, Mamaearth is a D2C babycare brand that sells toxin-free babycare products. Today, they have expanded their toxin-free product portfolio to enter the adult personal care market as well. In FY21, Mamaearth's revenue grew 4X to reach ₹461 crore. #7 Pristyn Care: Founded by Garima Sawhney, Harsimarbir Singh, and Vaibhav Kapoor in 2018, Pristyn Care is trying to innovate in India's fragmented healthcare market, and they're focusing on the surgery space specifically. By partnering with around 500 hospitals and clinics – Pristyn Care handles a patient's entire healthcare journey, from doorstep pickup and drop, finding them the right doctor, completing hospital paperwork, getting a diagnosis and submitting insurance documents, and then finally post-surgery recovery and home delivery of medicine. #6 Spinny: Founded by Ganesh Pawar, Mohit Gupta, Niraj Singh, and Ramanshu Mahaur in 2015, Spinny started as an online classifieds platform for buying and selling used cars. However, they soon realised by putting control over the quality of the cars in the hands of sellers, the customer experience on their platform was suffering for buyers. #5 Urban Company: Founded by Abhiraj Singh Bhal, Varun Khaitan and Raghav Chandra in 2014, Urban Company is India's largest homes services marketplace. The company has a network of more than 35,000 home service professionals. They have also expanded beyond India to countries UAE, Australia, Singapore and Saudi Arabia. #4 BharatPe: In 2018, Ashneer Grover joined Bhavikkumar Koladiya and Sashvat Nakhrani to build BharatPe, a solution to the problems that merchants had been facing. By leveraging India's UPI, they were able to launch an interoperable UPI-based QR code – allowing merchants to accept UPI payments from any digital payments provider, and the best part was they didn't have to pay any commission for accepting these payments. #3 Cars24: Founded by Gajendra Jangid, Mehul Agrawal, Ruchit Agarwal and Vikram Chopra in Gurugram in 2015, Cars24 was created to organise the highly fragmented used car market in India. They did this by making it easy for customers to sell used cars on their platform. Cars24 inspects the vehicle, settles on a fair price, and then they handle the documentation, all in less than an hour. #2 Delhivery: Founded by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan in 2011, Delhivery is India's leading logistics company with a more than 20% market share in the e-commerce delivery space. #1 OYO: Founded by Ritesh Agarwal in 2013, Oyo Rooms is India's hospitality unicorn that had expanded rapidly to international destinations before shrinking operations due to the pandemic. So far, OYO's investors have poured $3.1 billion into the startup.

Logistics is the lifeblood of the economy, bringing us crucial goods and resources wherever we need them. India's e-commerce growth story has cast the spotlight on the logistics market - with the rise of D2C brands and quick commerce propelling a $365 billion market opportunity (9% CAGR) by FY26.    Sahil Barua, Co-Founder and CEO at Delhivery, is among the shapers of India's #logistics sector in the digital era. Starting off as a shipping company, Delhivery was early to spot the digital opportunity in the sector, evolving into a full-stack logistics platform for e-commerce and consumers. Sahil's experience of building one of India's largest & fastest growing logistics players gives him unique insights into this sector's exigencies and evolution. In this #PayItForward episode, Sahil discusses the highs and lows of his entrepreneurial journey and what the future holds for logistics in IndiaThe Pay It Forward series, hosted by Vani Kola, MD of Kalaari Capital, focuses on conversations with founders and CEOs who have built businesses that have transformed the landscape of the Indian start-up ecosystem. If you have any suggestions, please reach out to us at podcast@kalaari.com. We would love to hear from you.For more podcasts, visit our website- https://www.kalaari.com/resources

Anjali Bansal is the Founder of Avaana Capital which invests in and provides scaling up support to innovation-led startups for catalyzing impact at scale while delivering commercial returns.Anjali has invested in and mentored various successful start-ups including Delhivery, UrbanClap, Darwinbox, Nykaa, and Lenskart. She is closely associated with NITI Aayog's Women Entrepreneurship Platform, digital solutions, and mentor to the Atal Innovation Mission.Anjali is former Non-Executive Chairperson of Dena Bank, appointed by the Government of India to steer the resolution of the stressed Bank, eventually leading to merger with Bank of Baroda. She was earlier a global Partner and Managing Director with TPG Growth PE responsible for India, SE Asia, Africa and the Middle East. She started her career as a strategy consultant with McKinsey and Co. in New York.She serves as an independent non-executive director on several leading boards including Tata Power, Bata, Kotak AMC, and Piramal Enterprises. She has previously chaired the India board of Women's World Banking, a leading global livelihood-promoting institution and on the Managing Committee of the Indian Venture Capital Association.She has been elected as President designate, Bombay Chamber of Commerce and Industry, and serves on the CII National Committee on Corporate Governance. Anjali previously co-founded and chaired the FICCI Center for Corporate Governance program for Women on Corporate Boards. She is a member of the Young Presidents' Organization and charter member of TiE.In this episode, we will cover:1. Looking back at India's most recent boom cycle i.e. 2020-present (2:50)2. Skeptical about this period or a believer of the potential? (7:50)3. Evolution of Anjali's career (11:55)4. The role of empathy and insecurity in professional life (16:56)5. What is Anjali's purpose behind investing (23:21)6. Why venture and how do you measure the impact of your own in venture beyond capital returns (28:57)7. The India opportunity (37:54)8. How does Avaana think about the evolving venture landscape and where to place their bets (42:25)9. Anjali's journey as an LP (47:01)10. Advice for fund managers (53:18)11. Advice for founders (56:18)

Welcome to #56 episode of The Startup Operator Roundup. Today we have Roshan Cariappa and Gunjan Saha discussing - 1. Public markets turns bearish for recent IPOs 2. Delhivery likely to delay IPO 3. Swiggy turns decacorn 4. Ola Electric valued at $5 Billion 5. Unicorns of the week : Dealshare, Darwinbox 6. Acquisitions and fundings and more! Click here to get regular updates on WhatsApp: https://wa.me/message/ZUZQQGKCZTADL1 Hit the like button if enjoyed this roundup, and do not forget to share among your operator friends! Listen to our interviews and conversations with investors, operators, and founders on your favourite podcast platforms. #startups #unicorns #technology #roundup #podcast #news --- Send in a voice message: https://anchor.fm/startup-operator/message

Welcome to #55 episode of The Startup Operator Roundup. Today we have Roshan Cariappa and Gunjan Saha discussing - 1. Are private markets overvalued? 2. Tata enters digital payments business with the creation of Tata Payments Ltd. 3. Microsoft becomes third-largest gaming company in the world with Activision acquisition 4. Exotel's meteoric rise as a silent ecosystem enabler 5. IPO bound companies: Delhivery, boAT 6. Acquisitions and fundings and more! Click here to get regular updates on WhatsApp: https://wa.me/message/ZUZQQGKCZTADL1 Hit the like button if enjoyed this roundup, and do not forget to share among your operator friends! Listen to our interviews and conversations with investors, operators, and founders on your favourite podcast platforms. #startups #unicorns #technology #roundup #podcast #news --- Send in a voice message: https://anchor.fm/startup-operator/message

Top headlines   ·       Sensex falls 554 points, Nifty below 18,150 amid weak global cues ·       Prestige Estates surges 8% to hit life-time high on strong Q3 sales ·       AGS Transact Technologies IPO to open on Wednesday and close on January 21 ·       Delhivery gets SEBI's approval for Rs 7,460-crore IPO   Equity markets turned sharply lower in the fag-end of Tuesday's session as global cues became bearish. The 10-year US Treasury yield jumped to its highest in two years, topping 1.83 per cent. In the commodity market, international benchmark Brent crude futures rose 1.6% to $87.89 a barrel, and in the US, futures tied to Dow Jones, S&P 500 and Nasdaq 100 indices slipped 0.8 to 2%.   Back home, the BSE Sensex shed 554 points, or 0.9 per cent, to close at 60,755. The NSE Nifty50 ended at 18,113, down 195 points or 1 per cent. During the day, the indices hit intra-day lows of 60,662 and 18,086, respectively.   Only 7 Sensex constituents – Axis Bank, HDFC Bank, ICICI Bank, Dr Reddy's Labs, Kotak Bank, Titan Company, and Nestle India – managed to end in the green. Losses, on the other hand, were led by Maruti Suzuki, Ultratech Cement, Tech Mahindra, HCL Tech, Tata Steel, and IndusInd Bank.   The volatility index was up 6% at 17.78, indicating jitters among investors.   Sectorally, all Nifty indices ended significantly lower, with highest losses in realty, auto, and metals. The three indices closed over 2% down. All others were over 1% lower, barring banks and financials which ended marginally down.   Among individual stocks, shares of Prestige Estates Projects hit a record high, rallying 8% on the BSE after the real estate company said it registered its highest ever quarterly sales in the December quarter at Rs 4,267 crore, up 111% year-on-year. The stock closed 2.5% up.   On Wednesday, auto majors Bajaj Auto and Ceat are likely to be in focus along with Sterlite Tech as these companies will announce their Q3 results.   Further, the first IPO of calendar year 2022 will open for subscription tomorrow. Cash management services provider AGS Transact Technologies' offer will open on Wednesday and close on January 21. The price band for the issue has been fixed at Rs 166-175 per share. The company plans to raise Rs 680 crore through the issue, which is entirely an offer for sale.   Lastly, e-commerce logistics firm Delhivery has received the approval of the Securitries and Exchange Board of India to raise Rs 7,460 crore through an initial public offering. The IPO comprises a fresh issue of shares worth Rs 5,000 crore and an offer for sale of Rs 2,460 crore by existing shareholders. Through the offer-for-sale, investors Carlyle Group, SoftBank and Delhivery's co-founders will divest parts of their shareholding.

The phrase “using data to tell stories” is so commonly used nowadays that it runs the risk of becoming a cliche, if it hasn't become one already. This episode's guest flips this logic around - instead of using data to tell stories, he uses stories to teach data science! Arvind Venkatadri is a faculty member at Srishti Manipal School of Art, Design and Technology. His research/teaching interests include TRIZ, Computation in R, Design using Open Source Electronics Hardware, and Complexity Science. He is part of the School of Foundation Studies at SMI. This is a very wide ranging conversation. We talk about, among other things, The Three Musketeers, Lawrence of Arabia and Legally Blonde. We talk about how Arvind leverages all of these to teach his students data science and logic and game theory. At a time when the field of data science is rife with “pile stirring”, where a large section of practitioners treat it as an extension of software engineering, Arvind's approach, centred on stories and the human experience, is really refreshing. His approach also gives a pointer on how to widen the base in terms of attracting people into data science. I must apologise for one thing - this conversation was recorded during Deepavali in November 2021, so you can occasionally hear the sound of firecrackers in the background. I really hope you can get past that and listen to Arvind's stories. Show Notes 00:03:00: Arvind's journey into teaching Data Science in an art school 00:05:45: Teaching data science to art students 00:15:45: Teaching statistics through art and stories. Wassily Kandinsky 00:23:00: Teaching coding through art 00:31:00: Shapes and colours and emotions 00:44:00: Lawrence of Arabia (can't say more here in the description!) 00:50:00: Data science and the human experience Links: Arvind's homepage Arvind on Twitter Arvind's course on R for artists and designers An intro to Wassily Kandinsky's work Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com

The year 2021 was one of the most remarkable years for the primary markets. Nearly Rs 1.2 trillion had been mopped up till early December by 66 companies, beating the previous best of Rs 74,035 crore seen in 2017. New-age companies including Paytm, Zomato, and Nykaa raised approximately Rs 46,800 crore of this amount, cornering approximately 40 per cent of the fund raise. While Zomato started the trend of new-age firms debuting on the India bourses, it was Paytm that launched India's biggest-ever IPO worth Rs 18,300 crore. Policybazaar, Nykaa, Nazara Technologies, CarTrade Tech and Easy Trip Planners were some of the other companies that followed suit. Going forward, about 16 new-age start-ups are lined up to go public including Oyo, Snapdeal, Ola, Mobikwik, PharmEasy, Ixigo and Delhivery. However, the road for these companies will not be as easy as their predecessors. Since the appalling investor response to the initial public offer of Paytm, new-age companies have decided to re-assess their IPO sizes and valuation. MobiKwik, for instance, delayed its IPO after Paytm's listing debacle. While cautious market mood was one reason, the company decided to wait for its December financial report to back the valuation it seeks. On its part, markets regulator Sebi earlier this week approved changes to preferential allotment norms on pricing, and lock-in period for anchor investors in an IPO. Here is Ambareesh Baliga, an independent market analyst with his views on the latest Sebi move. As regards the performance at the bourses, except Zomato whose shares have done well since listing, majority of the new-age companies have seen market-cap erosion. So why have the secondary markets been unkind to the new-age companies? This uncanny market response to new-age tech companies across the globe caught the eye of Zerodha founder Nithin Kamath, too, who took to micro-blogging site Twitter to caution investors against the mad rush in these companies. Baliga adds that the discouraging stock market performance can also potentially create roadbocks for further fund raising by these start-ups. On Thursday, markets are likely to remain range-bound in the backdrop of the expiry of futures & options contracts for the December series. It will be the last monthly F&O expiry for the calendar year 2021. Stock-specific action, however, is likely to continue. Watch video

There is a conception, or misconception, that journalists are not good at maths. It is rather common to see newspaper headlines and graphics that make basic mathematical and logical errors. On the other hand, in the last decade or so, we have seen a massive rise in “data journalism”. With more and more data being available, journalists are able to write stories exclusively based on data. How do these two square off? To answer this, we have Sukumar Ranganathan, editor in chief of the Hindustan Times. He was previously editor of Mint, of which he was one of the founding editors. It was while he was at Mint that he gave a big push to the then nascent field of “data journalism”, inviting writers such as HowIndiaLives, Rukmini S and myself to write data-backed pieces for Mint. He has previously worked in editorial leadership roles at The Hindu Businessline and Business Today. Sukumar has degrees in chemical engineering, maths, and business administration, and is interested in mathematics, science and technology, the history of business, new media, and data-based political journalism. He reads and collects comic books and is an amateur birder. He tweets under the ID @HT_ed Show Notes: 00:03:15: Are journalists really bad at maths? 00:16:30: Impact of bad data on public policy, and information theory 00:21:00: How data in journalism has changed in the last 20-25 years 00:23:00: The data journalism story 00:31:15: Judging a data story 00:45:30: Advice to budding data journalists Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com

This week in Indian startup news, Simple Energy to build world's largest scooter factory, Bounce Infinity E1 - India's first electric scooter with swappable batteries, Byju's acquires GeoGebra and Delhivery acquires drone manufacturer Transition Robotics. In funding news, Ola raises $139 million, Ola Electric raises $52.7 million, Bizongo raises $110 million, Pristyn Care raises $85 million to become a unicorn and AgroStar raises $70 million. Simple Energy to build world's largest scooter factory: EV startup Simple Energy is working on building their second electric scooter manufacturing facility at Dharampuri in Tamil Nadu with a capacity of 12.5 million units per year – which will make it the world's largest scooter manufacturing facility leaving behind Ola's Futurefactory which will have a capacity of 10 million at its peak. Bounce Infinity E1 - India's first electric scooter with swappable batteries: Bounce is the latest startup to enter the EV race in India by launching their own electric scooter named Bounce Infinity E1. Bounce Infinity E1 buyers will have the option to buy the electric scooter with or without a battery – priced at ₹68,999 and ₹45,099 respectively. Byju's acquires GeoGebra: India's most valuable startup Byju's has now made its 10th acquisition in 2021 - their latest one being Austria-based GeoGebra - which offers interactive learning tools for mathematics. The deal is estimated to be worth $100 million. With this acquisition, Byju's will get access to their 100 million students across 195 countries and enable them to create interactive and engaging new mathematics products for their students. Delhivery acquires drone manufacturer Transition Robotics: Indian logistics unicorn Delhivery which has recently filed for an IPO has acquired a California-based drone manufacturing startup Transition Robotics. This acquisition will give Delhivery access to all of Transition Robotics' intellectual properties (IPs) - which essentially means all their drone technology. With India's drone policy much more liberalised - Delhivery could be looking to use Transition Robotics' drones for their last-mile delivery of packages. Ola raises $139 million: Ride-Hailing unicorn Ola has raised $139 million in a fresh funding round led by Edelweiss at a $7.3 billion valuation ahead of their IPO which is expected to be filed in the first half of next year. Ola Electric raises $52.7 million: Ola Electric has raised $52.7 million in a round led by Temasek at a $2.7 billion valuation – which is slightly lower than $3 billion in October this year. Bizongo raises $110 million: Bizongo, a B2B startup that offers packaging solutions to e-commerce companies, has raised $110 million in a round led by Tiger Global Management at a $600 million valuation. Pristyn Care raises $85 million to become a unicorn: Healthcare startup Pristyn Care which offers its patients complete surgery care service right from finding the right doctor to getting a diagnosis to surgery and post-surgery care, has raised around $85 million from the likes of Sequoia Capital, Tiger Global and Winter Capital. AgroStar raises $70 million: Agritech startup Agrostar – which helps farmers increase their produce by offering the right agricultural advisory services and access to good quality agricultural inputs, has raised $70 million in a round led by Evolvence, Schroder's Capital, Hero Enterprise and UK's CDC.

With so many Indian startups achieving unicorn status in 2021, the situation begs an answer to the question:  # Is this growth sustainable or are we in a bubble?# What does this mean for foreign and Indian investors? #What does this mean for the next decade of VC and Startups? To understand this better, in today's episode, we've brought Anjali Bansal, founder of Avaana Capital, that invests in innovation-led start-ups creating sustainability and impact at scale while delivering outsized returns. Previously, Anjali has been Global Partner and MD with TPG Growth PE and a strategy consultant with McKinsey and Co. in New York. She's also the former non-executive Chairperson of Dena Bank, where she successfully led the resolution of the stressed bank.She has invested in and regularly mentors various successful start-ups including Delhivery, Nykaa, Alpha Vector, Lenskart, Urban Company, Darwinbox, Coverfox and FarMart.She is closely associated with NITI Aayog's Women Entrepreneurship Platform and Digital Solutions and is on the Expert Advisory Committee for the Start Up India Seed Fund Scheme. She has been appointed as President, Bombay Chamber of Commerce and Industry, and serves as an independent director on several leading boards including Tata Power, Kotak AMC, and Piramal Enterprises.During the episode, Anjali talks about the volatility in the Indian startup ecosystem, the opportunities for entrepreneurs and investors; she also shares learnings from her portfolio and much more.Notes - 00:40 - Intro and background02:55 - Working at ISRO and early career04:59 - Ideology behind Avaana Capital08:22 - Is the Indian startup ecosystem in a bubble?17:21 - Common patterns and learnings from the winners20:50 - Mistake: Investing in the idea and not the team22:44 - Ability to move quickly as a fund34:49 - Learnings from early-career at Mckinsey36:29 - Potential in Indian startups41:01 - What all she prefers to read on a daily basis

In today's episode for 12th November 2021, we discuss the story behind logistics startup Delhivery as they start working on a massive ₹7,460 crores IPO.

The IPO market is crammed with companies looking to raise funds. After Zomato, Paytm and Nykaa, bigwigs like Delhivery, Mobikwik, Adani Wilmar, Keventer Agro, LIC, PharmEasy and Go Airlines are set to hit the market over the next six months. While 87 companies have already mopped up over Rs 72,000 crore so far in calendar year 2021, which is a record in itself, the tally is expected to hit Rs 1 trillion by the end of this year. This is in contrast to just around Rs 18,500 crore raised in the corresponding 10 months last year. However, all is not well in the primary market.   An analysis by CARE Ratings shows that around 40 per cent issues are trading below their prices while only 23 per cent are trading 100 per cent above their issue prices. Overall, around half have given returns of above 10 per cent so far.   Dig a bit deeper and you will see that failure rate or proportion of issues that are quoting lower than the issue price, is the highest among the issues with offer sizes either more than Rs 1,000 crore or less than Rs 10 crore.   At the Rs 1,000 crore plus level, 40 per cent issues are quoting at a discount while 61 per cent issues are trading lower than their issue price in the lowest range category. The Rs 500-1,000 crore category has the lowest failure rate of just 1 in 13. It is 27 per cent for the Rs 100-500 group and 40 per cent for the Rs 10-100 category.   So how can investors steer clear of weak public offers and pick the best ones?   Sameer Kaul, who is managing director and chief executive officer of TrustPlutus Wealth, said:   Keep a track of… Nature of the business Quality of management Valuation   For retail investors, Juzer Gabajiwala, director of Ventura Securities, suggested these for investment in an IPO: Don't apply for more than the application amount Check grey market premium Check promoter background Purpose and type of issue   That said, while these factors can help judge traditional businesses very well, they may not be entirely suitable for new-age businesses. For instance, Zomato's pricing was widely cited as very expensive and how it might not sustain. Similarly, Paytm's valuations are under scanner and so were Nykaa's. Then, how should one judge public offers of these tech-based companies before investing? Is valuation really a concern for them?   On new-age businesses, TrustPlutus' Sameer Kaul said:   Traditional valuation methods don't work for new-age biz Huge client data, cross-selling opportunity makes a case for sustained valuation   In a nutshell, while a bull run will give investors ample investment opportunities to earn money, long-term gains from an IPO will be generated based on the individual company's growth outlook, target market, management quality and financial stability.   Now, coming to Wednesday's session, markets may continue to consolidate in today's session amid lack of fresh triggers. September quarter earnings will drive the secondary market action while initial public offers of Paytm, Sapphire Foods, and Latent View Analytics will also be on investor radar. Shares of Nykaa will debut on the bourses today. The counter is commanding a strong grey market premium, suggesting a solid listing pop.   Globally, market participants will eye October inflation data of China and the US, slated to be released later in the day. Watch Video

­This week in Indian startup news, Ola's ridehailing business turns profitable for the first time, Nykaa's successful IPO – oversubscribed 82X, Delhivery is going public – plans to raise $1 billion through IPO and Unacademy acquires Swiflearn. In funding news, Purplle raises $75 million, Zepto raises $60 million and Fi raises $50 million. Ola's ridehailing business turns profitable for the first time: Ola's ridehailing business posted their first operating profit in a decade. During the pandemic, Ola's revenue was down 95% which meant that they had to fire 1,400 of their employees. This was one of the reasons they were able to bring their expenses down and turn a profit despite declining revenue. The startup is also in the middle of planning their IPO which is expected to come out next year. Nykaa's successful IPO – oversubscribed 82X: Online beauty retailer Nykaa closed their IPO successfully with 82X oversubscription. What's worth noting is that Nykaa is the first profitable Indian unicorn to go public, which could explain the reason behind its success. Delhivery is going public – plans to raise $1 billion through IPO: India's logistics giant Delhivery has filed their draft papers for IPO as they plan on raising $1 billion at a valuation of around $6 billion. What's worth noting is that while Delivery is still a loss-making startup, they have been growing constantly on the back of the rising e-commerce in India and are now even bigger than traditional logistics giant Blue Dart. Unacademy acquires Swiflearn: Edtech giant Unacademy has acquired Swiflearn, a live online face-to-face coaching platform for grade 1-10 students. This will allow Unacademy to strengthen their K12 coaching play as they compete with the likes of Byju's in the segment. Purplle raises $75 million: Online marketplace for beauty products Purplle has raised $75 million in a round led by Kedaara Capital – valuing them at $630 million to roll-out new brands and products and expand their business through acquisitions. Zepto raises $60 million: 10-minute grocery delivery startup Zepto has raised $60 million in a round led by Glade Brook Capital to compete with the likes of Dunzo, Grofers, Swiggy and BigBasket in the quick commerce segment. They plan on expanding their grocery delivery service to four new cities in the next 30 days. Fi raises $50 million: Neobanking startup Fi has raised $50 million in a round led by B Capital to help them build more customized investment products for their customers including – mutual fund and stock investment.

Succumbing to lacklustre global sentiments, domestic indices failed to gain ground oscillating between gains and losses in today's rough session. While metal, oil and commodity stocks dragged, realty, PSU bank and consumer durables made frail attempts at lifting the indices. Overall, the BSE Sensex index ended 109 points lower at 60,029. The NSE Nifty, on the other hand, settled with a loss of 41 points at 17,889. Both the indices had hit a high of 60,421 and 18,012 in the intra-day deals. Tata Steel, down 3.5 per cent, was the top loser among the Sensex 30 stocks, followed by Tech Mahindra, HCL Technologies, IndusInd Bank, Reliance, Dr.Reddy's, PowerGrid Corporation, Nestle India and Asian Paints. On the positive front, Maruti Suzuki (up 2 per cent), NTPC, Titan, SBI and Larsen & Toubro were the top gainers. The broader markets outperformed the key benchmark indices for a second day with a huge margin. The BSE Midcap index was up 0.6 per cent at 25,869, and the Smallcap index surged 1.1 per cent to 28,607. The overall market breadth was also fairly positive, with 1,952 advancing shares as against 1,301 declining stocks on the BSE. Within the space, shares of Allcargo Logistics were locked at the 20 per cent upper circuit at Rs 328.95, also its fresh life-time high, on the BSE on Tuesday, after the company reported 355 per cent year-on-year (YoY) jump in consolidated net profit at Rs 264 crore in September quarter (Q2FY22). Shares of Bayer CropScience, on the other hand, hit a 52-week low of Rs 4,630, down 8 per cent on the BSE in Tuesday's intra-day trade after the company reported 31 per cent year-on-year (YoY) decline in net profit at Rs 154.10 crore Q2FY22. Meanwhile, it was a results heavy day for the markets with scores of large corporates announcing their Sept quarter results today. Indian pharmaceutical major, Sun Pharmaceutical Industries, declared a profit after tax of Rs 2,047 crore for the quarter ended in September, up 12.9 per cent compared to Rs 1,813 crore reported in the same quarter in 2020. Strong operating performance and healthy revenue growth supported the bottomline during the quarter. HPCL, on the other hand, reported a 7.2 percent jump in the September quarter standalone net profit at Rs 1,923.51 crore. Operationally, earnings before interest, tax, depreciation and amortization (Ebitda) were down 5.6 per cent at Rs 3,012.2 crore while margin was down at 3.6 per cent QoQ. Dabur, too, reported a 5 per cent YoY rise in consolidated net profit at Rs 505.3 crore and a 12 per cent YoY growth in revenue at Rs 2,817.6 crore. Similarly, the company's EBITDA grew by 9 per cent to Rs 620.7 crore as compared to Rs 569.4 crore in Q2FY21, while the margin slipped to 22 per cent from 22.6 per cent YoY. As regards the initial public offers, Fino Payments Bank closed the issue with nearly 2 times subscription. Meanwhile, Policybazaar, Sigachi Industries, and SJS Enterprises commanded subscription levels of 69 per cent, 20.15 times, and 46 per cent, respectively, till 3:40 PM. Separately, logistics startup Delhivery filed its Draft Red Herring Prospectus with Sebi, for an issue size of Rs 7,460 crore. The primary issue will be of Rs 5,000 crore, which the company will raise via public issue. The offer for sale by the existing investors will be Rs 2,460 crore. Further, Sapphire Foods India, which operates KFC and Pizza Hut outlets, on Tuesday said it has fixed a price band of Rs 1,120-1,180 a share for its Rs 2,073-crore initial public offering (IPO). The initial share-sale will open on November 9 and conclude on November 11. Coming to Wednesday's trading session, markets will eye the outcome of the US Federal Reserve's two-day monetary policy meeting. Back home, corporate earnings of State Bank of India, Bata India, and Eicher Motors, along with 39 other companies will remain in focus on Wednesday. According to analysts, SBI's Q2 profit may nearly double on a yearly bas

There are two dominant programming languages used for data science nowadays - R and Python, each having its own set of loyal users. Both have their own strengths and weaknesses. In this episode, we look at what each langauge is good and bad at, what kind of people are more likely to use each, and how being able to program in both and switch seamlessly can indeed be a superpower. Today's guest is Abdul Majed Raja RS, a Data Scientist at Atlassian. Abdul Majed likes to call himself an Analytics Consultant with over a decade of experience helping organisations solve their business problems. He's also a Content Creator trying to help newcomers navigate the Data Science space easily and learn continuously. You can find him on Twitter and on Youtube at 1littlecoder. Show Notes: 00:03:00: How Abdul got into analytics 00:05:30: MS Excel in data science 00:07:45: When to use R and when to use Python 00:17:00: What data scientists can learn from software engineers 00:24:30: Graphics and visualisations in R and Python 00:26:45: Machine learning in R and Python 00:29:15: Why the Indian market in Data Science leans towards Python 00:34:45: Working with databases 00:37:30: Building dashboards in R and Python 00:47:00: Working with R *and* Python at the same time 00:51:30: What about Excel and Julia? Links I don't like Notebooks - Joel Grus - Interface between R and Python - reticulate. Julia Silge Youtube Channel for latest Tidymodels tutorials Advantages of Using R Notebooks For Data Analysis Instead of Jupyter Notebooks - Max Woolf Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com

Over the last decade, we have seen tremendous advances in big data, data science, artificial intelligence and machine learning. Every compnay wants to be a tech-first comapny now, and wants to “do data science". Companies can probably double their valuation by just adding a “.ai" to their names. Companies that actually use artificial intelligence and machine learning maybe have an even higher premium on their valuations. However, is Data Science worth the hype? Is AI going to take over the world? And why is data science being eaten by computer science? What happned to classical analytics, operations resarch and statistics? This week's guest is someone who did data science even before the phrase had b een invented. Amaresh Tripathy is SVP and Analytics Business Leader at Genpact. Till recently he was a Partner with PWC, leading the firm's Data & Analytics Consulting, and helped build a $500mm business. Previously, Amaresh founded and co-led the Information and Analytics Practice for Diamond Management & Technology Consultants, and also serves as Adjunct Professor of Data Science and Business Analytics at the University of North Carolina, Charlotte. Amaresh has helped Fortune 500 companies in multiple industries (healthcare, retail & consumer, communications) to help define and implement their analytics and AI strategies and institutionalize data enabled decision making. He has led organizations to help embed analytics in their front, middle and back office functions and manage the change process. Show Notes: 00:03:00: Definitions - data science, artificial intelligence, machine learning, etc. 00:04:15: The rise of computer science and machine learning 00:10:15: The probelm with Kaggle, and the “race for accuracy” 00:11:30: How to scale analytics without doing bad data analysis 00:18:00: How selling data science has changed over the last decade 00:23:00: The interaction between business and Data Science 00:26:30: “Creating bilinguals at scale” 00:30:30: Machine learning trying to eat data science 00:39:00: Comparing data science practices across countries Links: Thomas Davenport and DJ Patil on Data Science as the “sexiest job of the 21st century” (2012 article) Hal Varian on statistics as a “sexy job” Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

In this edition of data chatter, we will talk about maps. Maps are excellent devices for telling stories. Think of the maps you see around election times that show which parties won seats where. in fact, the first ever scatter plot - Dr. John Snow's figure of cholera cases in London, was essentially a map. Or think of the famous map of Napoleon's invasion of Russia. And telling stories through maps is an exercise in data science. Data overlaid on maps can help tell really powerful stories. And as we learn in today's conversation, the process of mapping is no diferent from the process of data science. Our guest is Raj Bhagat Palanichamy, or as he calls himself “mapper for life”. Raj works for the World Resources Insitute India, where he leads projects on urban development, water resources and transport. In this conversation, Raj talks about his journey into mapping, how he makes his maps, and how WWE influences the way he tells his stories. Highlights: 00:03:00: Raj's journey into the world of maps and mapmaking 00:06:15: The process of creating maps to tell stories 00:12:30: Choosing colours 00:17:00: The importance of annotations in storytelling 00:23:15: Data, digitisation and tools 00:35:45: Taking inspiration from WWE to construct "stories" with maps 00:42:13: Mapping cities versus mapping landscapes 00:44:30: Where is mapping underrated and overrated? Raj's 30 day map challenge in 2020 Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

This week in Indian Startup News, Lava International files for IPO, OYO's legal tussle with Zostel ahead of IPO plans, SEBI eases superior voting rights rules for founders, Swiggy spins off Supr Daily as founders exit, Reliance in talks to buy stake in InMobi's Glance and DotPe acquires Rista. In funding news, Meesho raises $570 million, OfBusiness raises $200 million, Delhivery raises $125 million, Vedantu raises $100 million to become a unicorn and CredAvenue raises $90 million. Lava International files for IPO: With Indian markets at an all-time high and a positive outlook on IPOs, Indian mobile manufacturer Lava International has also filed for an IPO to raise Rs 500 crore. While their market share has been declining ever since Chinese smartphone makers entered the Indian market, they still hold a significant 20% market share in India's declining feature phone market. OYO's legal tussle with Zostel ahead of IPO plans: OYO's legal tussle with Zostel over an acquisition deal that never went through could impede their IPO plans. Back in 2015, OYO had signed a deal with Zostel to acquire their hotel business Zo Rooms in exchange for up to 7% stake in OYO. However, OYO called off the deal in 2017. While OYO maintains that it was a ‘non-binding' agreement, Zostel disagrees and has taken them to court seeking their 7% stake in OYO. SEBI eases superior voting rights rules for founders: India's startup ecosystem is driven by the millions of dollars pumped in by the VCs every year. While it's great for the growth of a startup, founders eventually end up losing control of their own startups as their stake in the startup gets diluted. In order to keep this from happening, SEBI had introduced superior voting rights in 2019. Previously, only promoters/founders who had a net worth of Rs 500 crore could get SR shares but now that limit has been doubled to Rs 1,000 crore. Swiggy spins off Supr Daily as founders exit: Swiggy-owned subscription-based grocery platform Supr Daily's founders have decided to leave the startup and it will now be headed by Swiggy's new co-founder Phani Kishan. The grocery delivery giant has also decided to spin-off Supr Daily into a separate entity under their parent company Bundl Technologies to tap the rising demand of online grocery delivery. Reliance in talks to buy stake in InMobi's Glance: According to multiple media reports Reliance is now in talks to acquire a stake InMobi's Glance in a deal which is expected to be worth around $300 million. DotPe acquires Rista: DotPe, a startup that is helping offline stores come online by offering them digital storefront and helping them accept online payments, has acquired a POS (Point of Sale) software provider Rista in an all-cash deal. Meesho raises $570 million: Social e-commerce unicorn Meesho has raised a massive $570 million round from Fidelity and B Capital at a $4.9 billion valuation as they plan to reach 100 million monthly transacting users by December 2022. OfBusiness raises $200 million: B2B commerce and lending unicorn OfBusiness has raised $200 million in a round from Tiger Global Management at a $3 billion valuation to strengthen their raw material supply chain and financing business. Delhivery raises $125 million: Logistics and delivery giant Delhivery has raised $125 million from Lee Fixel's Addition ahead of their expected IPO. Vedantu raises $100 million to become a unicorn: Edtech startup Vedantu has raised $100 million from ABC World Asia – making them India's 27th unicorn this year and 5th edtech unicorn after Byju's, Unacademy, upGrad and Eruditus. CredAvenue raises $90 million: CredAvenue, an enterprise debt marketplace, has raised $90 million in their series A round led by Sequoia Capital – making it India's largest series A funding and valuing the one-year-old startup at $410 million.

The fundamental principle underlying all analytics and data science is Probability. And probability was first invented, or should I say discovered, to assess risk. So what is risk? Can we quantify and measure it? How do we handle risk in life? Is risk always bad? Today's guest on Data Chatter is Bala Vamsi Tatavarthy, who is co-founder and investment advisor at Aravali Asset Management, a global arbitrage fund. Vamsi was my classmate at IIT Madras, where he studied computer science but spent most of his time gaming. He then went to IIM Ahmedabad, where he continued to game heavily and graduated with a gold medal. He now runs a hedge fund, and spends a lot of time gaming. Moreover, he was one of the last traders to trade on behalf of Lehman Brothers, on 15th September 2008. Risk, as you can imagine, is a vast subject, and so this is a long podcast. We talk about measuring risk, problems with too much measurement of risk, how risk can be managed, and all that. We also talk about movies, games, the differneces between poker and bridge and physics envy. Show Notes 00:03:45: Defining Risk, and Lehman Brothers' collapse 00:09:00: Can risk be created or destoryed? Is it conserved? 00:15:00: Risk, probability distributions and long tails 00:20:45: Uncertainty, volatility and risk 00:28:30: Hedging 00:35:00: Utility functions 00:42:30: Games and risk 00:54:00: Bridge and poker, and finite and infinite games 01:04:15: Ergodicity 01:07:30: VaR, Risk-metrics and Goodhart's Law 01:14:30: Correlation Links: Finite and Infinite Games “Risk once created cannot be destroyed” The Wired article about Gaussian Copula, used to estimate correlations Too Big To Fail, by Andrew Ross Sorkin Ergodicity Economics Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

Welcome to #41 episode of The Startup Operator Roundup. Today we have Sarthak Ahuja joining Roshan Cariappa and Gunjan Saha to discuss - 1. Amagi $100M fundraise 2. Byju's new Acquisition 3. Notion's acquisition of Automate.IO 4. Delhivery's new investor 5. Dukaan's fundraise and more! Hit the like button if enjoyed this roundup, and do not forget to share among your operator friends! Listen to our interviews and conversations with investors, operators, and founders on your favourite podcast platforms. #startups #unicorns #technology #roundup #podcast #news --- Send in a voice message: https://anchor.fm/startup-operator/message

This week in Indian Startup News, Account Aggregator Framework launched, Udaan files anti-trust complaint against world's largest biscuit manufacturer Parle, Snapdeal planning an IPO, Ultraviolette Automotive to launch their flagship electric motorcycle F77 in 2022, Ola's electric scooter Ola S1 bookings postponed, Byju's acquires Gradeup and Notion acquires Hyderabad-based Automate.io. In funding news, Byju's raises $150 million, Delhivery raises $76.4 million, Leap Finance raises $55 million, HomeLane raises $50 million and Vahdam India raises ₹174 crore. Notion acquires Hyderabad-based Automate.io: San Francisco-based unicorn Notion, which enables users to manage their workflow and collaborate with other users, has acquired a Hyderabad-based SaaS startup Automate.io. Account Aggregator Framework launched: The highly anticipated Account Aggregator framework was launched on 2nd September to make data sharing among banks and other financial institutions simple and secure – to boost financial inclusion in the country. At launch, eight Indian banks and four account aggregators are already live on AA framework. Udaan files anti-trust complaint against world's largest biscuit manufacturer Parle: B2B e-commerce unicorn Udaan has filed a complaint with the Competition Commission of India (CCI) against the world's largest biscuit manufacturer Parle for anti-competitive behaviour. According to Udaan, that Parle is using its dominating position in the market by refusing to supply their products to them without giving any ‘objective justification'. Snapdeal planning an IPO: After a rollercoaster of a journey since 2010, Snapdeal might be finally going public. According to media reports, Snapdeal has started talks for their IPO and they are planning to raise $400 million at a $2.5 billion valuation. Ultraviolette Automotive to launch their flagship electric motorcycle F77 in 2022: EV startup Ultraviolette Automotive will be launching their flagship F77 next year and to ensure that they are setting up a manufacturing facility spread over 70,000 square feet in Bengaluru. Once completed, this facility will be able to pump out 120,000 electric motorcycles every year. Ola's electric scooter Ola S1 bookings postponed: Ola Electric had planned to start online booking of their flagship Ola S1 electric scooters on 8th September but that date has now been postponed to 15th September after they were unable to fix the glitches on their website. Byju's acquires Gradeup: Edtech giant Byju's has acquired test preparation startup Gradeup – making it their 8th acquisition this year. They have collectively spent more than $2 billion on acquisitions this year and will be rebranding Gradeup as Byju's Exam Prep to cater to the exam preparation segment. Byju's raises $150 million: Edtech behemoth Byju's has raised another $150 million round led by Asmaan Ventures – to fund all their latest acquisitions. Delhivery raises $76.4 million: Logistics startup Delhivery has raised $76.4 million in a round led by Lee Fixel's Addition ahead of their coming IPO – which is expected in the next 6-9 months. Leap Finance raises $55 million: Leap Finance, a startup that offers financing to Indian students who want to study abroad, has raised $55 million in a fresh round led by Owl Ventures. HomeLane raises $50 million: Home décor and interior design startup HomeLane has raised $50 million in a round led by IIFL, Oman India Joint Investment Fund and Stride Ventures. Vahdam India raises ₹174 crore: D2C tea brand Vahdam India has raised ₹174 crore from IIFL to help them expand their online and offline distribution, enter new markets and add new superfood product categories on their platform.

When I was graduating college in the mid 2000s, the word in job descriptions that most commonly appeared alongside “data” was “analytics”. However, around 2010, the phrase “data science” (HBR link) got coined, and took over the world in the next five years. Nowadays it seems everyone wants to be a “data scientist” However, where is the science in data science? And why are so many people with PhDs in pure science moving to data science? To understand this better, I bring back one of the old guests of Data Chatter. Dhanya P is an aerospace engineer turned neuroscientiest turned data scientist. She is co-founder of Messy Fractals and Kabaddi Adda, and a Senior Scientist at Sapien Labs. Dhanya talks about her journey from neuroscience to data science, why a PhD is good training for data science, and what the “science” in data science is all about. You can follow Dhanya on Twitter at d2a2d Show Notes: 00:02:30: Dhanya's journey from Aerospace Engineering to Neuroscience to Data Science 00:07:00: Why data science and not academia after PhD 00:11:45: Defining data science, and how she approaches a problem 00:16:00: How a PhD prepares you for a career in data science 00:20:00: Challenges in industry due to academic background 00:23:00: Learning to code 00:26:50: The challenges of working with someone else's data, and proxies 00:37:30: Communicating results 00:42:45: Are ex-academics better at certain kind of Data Science roles? 00:46:00: “Entropy” in the brain 00:51:30: Revisiting the biomechanics of Kabaddi players, and communicating data to sportspersons Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

Welcome to #39 episode of The Startup Operator Roundup where Roshan Cariappa and Gunjan Saha discuss - 1. Freshworks files for IPO 2. Prime Venture Partners Raise $75Mn 3. Ola Electric to raise a Billion Dollars 4. Delhivery's Acquisition of Bengaluru startup Spoton Logistics 5. Khatabook raises $100mn in series C 6. Fundraises by indiagold, Bewakoof Curefood and others Hit the like button if enjoyed this roundup, and do not forget to share among your operator friends! Listen to our interviews and conversations with investors, operators, and founders on your favourite podcast platforms. #startups #unicorns #technology #roundup #podcast #news --- Send in a voice message: https://anchor.fm/startup-operator/message

SaaS companies are hot in India right now! Freshworks, one of the many SaaS companies is going public! Delhivery, an Indian logistics firm, is going public soon and has acquired a competitor to spread its wings! There's a company which is now going to help you try online products before you buy them! Check out the StrictlyBusiness podcast to learn more about these stories!

This week in Indian Startup News, CRED and BharatPe foray into P2P lending, Ola and Ola Electric IPO Plan 2022, Police gets three weeks to probe Ashok Saxena's Paytm claims, NSE prohibits stock trading platforms from selling digital gold, CarTrade IPO – stock lists at a discount and Delhivery acquires Spoton Logistics. In funding news, Zetwerk raises $150 million to become a unicorn, Khatabook raises $100 million and Curefoods raises $13 million. CRED and BharatPe foray into P2P lending: CRED has launched their P2P lending service called CRED Mint that will allow their users to lend to other users at an interest rate of up to 9% per annum in partnership with LiquiLoans. On the other hand, BharatPe has launched their P2P lending product 12% Club – which is aimed at allowing individual users to lend directly to their merchant partners at an interest rate of up to 12% per annum. Ola's electric car and IPO plans: Indian cab aggregator Ola has announced that they will IPO in 2022 and Bhavish Aggarwal also announced his plans to launch Ola's electric car in 2023. CarTrade IPO – stock lists at a discount: After a successful IPO, CarTrade's stock was listed on both NSE and BSE at a 1% discount and has continued to fall since. NSE prohibits stock trading platforms from selling digital gold: NSE has directed stockbroking platforms from buying and selling digital gold as it violates SEBI's rules. This decision will affect stockbroking platforms like Upstox, Paytm Money and Groww - they have until 10th September to comply with NSE's notice. Police gets three weeks to probe Ashok Saxena's Paytm claims: When the police failed to file Ashok Kumar Saxena's complaint against Paytm, he went to Delhi's district court and the court has now given the Police three weeks to probe his claims and file a report. Delhivery acquires Spoton Logistics: Logistics unicorn Delhivery has acquired Spoton Logistics to help them strengthen their logistics delivery network and get in new customers ahead of Delhivery's IPO which is expected next year. Zetwerk raises $150 million to become a unicorn: B2B manufacturing marketplace Zetwerk has raised $150 million led by D1 Capital Partners at a $1.33 billion valuation – making them India's latest unicorn. Khatabook raises $100 million: Digital bookkeeping platform Khatabook has raised $100 million at a $600 million valuation from Tribe Capital and Moore Strategic Ventures to help small businesses to digitize their business operations. Curefoods raises $13 million: Cloud kitchen startup Curefoods has raised $13 million led by Iron Pillar to expand the presence of their cloud kitchens to more cities across the country.

Want to learn the ins and outs of tech-driven hiring and the 'SaaS'iness of the staffing industry?Anupam Acharya has you covered on both accounts in this wide-ranging conversation with us. As Co-Founder & COO at Workex, a job search & staff management platform, Anupam also shares:His journey from leading business operations at Delhivery to being the founder of WorkexMyths about tech-driven hiringObjectification of information and intent capturing as the key levers for the new-age recruitment softwareHis views on hiring based on skills vs EducationCreative ways to keep remote workers engaged and excitedSignificant aspects of tech-driven hiring:Anupam believes that the Internet has changed the face of the recruitment industry just like e-commerce. Although it is in the transition phase, everything related to hiring and sourcing will eventually be tech-based. In contrast, one section of the industry feels that technology-driven hiring has reduced the quality of overall hiring. Anupam has a contrary opinion; He believes technology has made remote work and online hiring easy. There are two significant aspects of tech-based hiring:Automated initial screening - In India, people are looking for a job; even those already employed keep looking for better opportunities. The top-end of the application funnel is enormous. Hence initial screening becomes crucial. It helps in the evaluation of candidates by filtering for relevant certification, experience, education and more. This method significantly improves the hiring quality. Irrespective of the candidate's skill level, tech-based automated pre-screening is necessary to improve your time to hire.Technology as the final decision maker – The staffing industry is still to reach this stage. Anupam mentions that whenever we get to that stage, the concerns will be around biased online algorithms as these algorithms are not transparent and visible to users.The transition phase of tech-based hiring:Anupam talks about India being a trust deficit country and how the e-commerce industry faced challenges in its initial days. Earlier, people used cash on delivery option and now, as the trust is there, they make the payment and rest assured that they will get what they ordered. The staffing industry is going through a similar transition. The Internet and social media are playing a pivotal role in creating behavioral profiles of every individual. Matching is crucial; productivity increases when you get suitable candidates and staff for your company.New age job boards are capturing the intent in real-time. The candidates prefer chatting over getting a call because the information is objectified. There is a 100x change in the time to hire metric, reducing from five days to five hours. You need to interact with your user daily to capture their intent. Objectification and intent capturing are the two most significant leverage for any new recruitment platform. The market is enormous, and we are still scratching the tip of the iceberg.Follow Anupam on LinkedInProduced by: Priya BhattPodcast host: Yashwanth JembigeBONUS: One of the major step of hiring is background verification. Here is a The Ultimate Background Check and Screening Guide for 2021 for  you to learn the very basics of the process

Everyone wants to do “data science”. Companies want to introduce “machine learning” in their products. Most fund raises by startups nowadays are accompanied by a statement of intent to invest in data, and data science. Back in 2006, mathematician Clive Humby, who was working for Tesco, made the statement that “data is the new oil” (to give context, we were in the middle of a massive bull run in oil prices then). And so companies are investing in data. However, just investing in data capture and hiring data scientists is not enough for a company to get value. It is important to structure the relationship between data and business, and how the data team is managed, in the right way for the data team to be effective. Today's guest is Anuj Krishna. Over the last 14 years, Anuj has worked with multiple enterprises on both, the translation side as well as the execution side of analytics. He has helped create standard processes for analytical problem solving that are in use in multiple enterprises. Anuj was an early employee of MuSigma, and then went on to co-found TheMathCompany. In his current role, Anuj is Head of Assets at TheMathCompany, and is also responsible for operations related to TheMathCompany. Show Notes: 00:03:00: How business and data science currrently interact 00:06:30: Translating from analytics to business 00:13:00: Structuring a data science team 00:22:00: Data science versus business intelligence 00:29:00: How can a business person get best value out of a data team? 00:32:00: Why data science projects fail 00:38:30: Evolution of the data science industry over the last decade Links: Anuj Krishna TheMathCompany (LinkedIn) Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

There is an ongoing debate on when children should be taught to code. There is one group of people which insists that computer programming is a lifelong skill, and is best taught early. The opposing argument is that coding is possibly a fad, and that children will learn it when they have to. But what about data science? The field itself is less than 15 years old. Does it make sense to introduce it to children at an early age? According to Rahul Raghavan, the guest on this episode, the answer is an overwhelming “yes”. Rahul is a Montessori educator and founder of pep School v2, a Montessori school in Bangalore. Before getting into education, he was in the corporate world, working in impact investing (with VentureEast) and then with Amazon. You can follow him on Twitter at @rahulrg Show Notes: 00:02:55 - Introduction to the Montessori method 00:11:00 - How maths is taught differently in montessori? 00:21:45 - Introducing data science to chlldren 00:29:45 - Tossing coins, and playing cards 00:37:30 - Prerequisites to learning probability and data science 00:40:00 - Discrete maths and graph theory, going into random geekery 00:44:00 - Data visualisation for children 00:51:20 - How parents can introduce “data science” to children Links: Rahul on Twitter Commentary on the viral video on “why should I learn maths?” Florence Nightingale's chart on causes of death in the Crimean War Geometric intuition on how sqrt(2) + sqrt(3) is approximately equal to pi Edward Tufte's books Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

One of the first industries to extensively use advanced maths to do better was financial services. Ever since Fischer Black and Myron Scholes published their seminal paper on option pricing in 1973, Wall Street firms hired mathematicians and scientists by the droves, getting them to model asset prices in order to get an edge in the market. Even today, top hedge funds such as Renaissance, Citadel and Two Sigma prefer to hire scientists rather than finance professionals to manage their portfolios. However, in the last decade or so, as Data Science and Artificial Intelligence have taken over the rest of the world, Wall Street has not maintained its leadership position in the use of maths to make money. How and why did this happen? In order to understand this, we talk to Hari Balaji, co-founder of Romulus, an award winning unstructured data automation platform for Financial Services firms. Prior to founding Romulus, Hari spent a decade in quant & data roles at Goldman Sachs across Hong Kong and Singapore. Hari is an alumnus of IIT Madras & IIM Ahmedabad. Show Notes 00:03:15 - What is data science and what is artificial intelligence? 00:10:40 - What Hari's company does 00:14:00 - Toolbox versus hammer-nail approaches 00:15:00 - This history of math in the financial services industry 00:28:45 - Wall Street is never a first mover but a great follower 00:33:30 - How Wall Street uses data science nowadays 00:41:00 - Why most innovations have happened at smaller firms 00:44:00 - Why the financial industry doesn't behave like the Tech world Romulus on Twitter Romulus on LinkedIn Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

For a lot of people, their first introduction to data and analytics happens through sport. Fans have tracked batting and bowling averages for many decades now. In the 1990s, with the coming of satellite TV in India, cricket fans had their first brush with bar graphs and line graphs, with “manhattans” and “worms” respectively. In the last two decades, following the publication of Michael Lewis's Moneyball, the field of sports analytics hsa exploded. A couple of months before this podcast was released, it was revealed that footballer Kevin De Bruyne had hired a sports analytics firm in order to better negotiate his contract with Manchester City. And along the way, analytics has entered smaller sports such as kabaddi and volleyball. Today's conversation is a double header, featuring the husband-wife duo of Arvind Sivdas and Dhanya P, who are also founders of KabaddiAdda, a Kabaddi platform. They have worked in analytics in cricket, badminton, volleyball and kabaddi, among other sports. We talk about the evolution of sports analytics, how to quantify “continuous sports”, the role of fantasy sport and several other things. Show Notes 00:02:50 - How they got into sports analytics 00:13:00 - The popularity of “matchups” in sports nowadays 00:20:00 - How Roger Federer used analytics to transform his game 00:25:00 - Why performance analytics has limited impact in (association) football 00:30:30 - The importance of buy-in from the management, and evaluating success 00:32:45 - How Kabaddi has evolved in the last few years 00:37:15 - The parallels between Kabaddi and Basketball 00:46:00 - Analytics in Kabaddi 00:47:00 - Data collection for sports like Kabaddi 00:49:40 - Biomechanics studies in Kabaddi 00:51:30 - How to fund analytics in smaller sports? 00:55:10 - The role of betting and fantasy in developing analytics 00:59:20 - “Moneyball” - where is it being underused, where is it being overused etc. 01:01:00 - Convincing CSK that cricketers peak in their 30s Pradeep Narwal's 8 point raid On how CSK won IPL 2018 with "dad's army" Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

This week in Indian startup news, Ola's electric scooter becomes the most pre-booked scooter in the world, PolicyBazaar IPO, New drone rules 2021, Blackstone acquires Simplilearn for $250 million, Byju's acquires Epic for $500 million and Youtube acquires video commerce startup SimSim. In funding news, Swiggy raises $1.25 billion, Lenskart raises $220 million, GlobalBees raises $150 million, Spinny raises $108 million, Delhivery raises $100 million, Healthify raises $75 million and BlackBuck raises $67 million to become a unicorn. Ola's electric scooter becomes the most pre-booked scooter in the world: Ola is close to launching its electric scooter and they have drummed up a lot of interest to make the launch as successful as possible. Ola has already started taking pre-booking orders from its customers and these orders touched 100,000 within the first 24 hours – making their electric scooter the most pre-booked scooter in the world. Ola's electric scooter is expected to be called Ola Series S and could have two variants named Ola S1 and Ola S1 Pro – their price is expected to fall between Rs 80,000-Rs 1,00,00. PolicyBazaar IPO: PolicyBazaar's board has already approved the IPO and the startup is expected to go public any time before the end of this year. They are planning to raise $873 million through the IPO at a valuation of up to $5 billion. New drone rules 2021: The government has announced new draft drone rules 2021, three months after they announced the draft ‘Unmanned Aircraft System Rules 2021'. Under the new rules, the government has made it considerably easier for people to own and operate drones by bringing down the number of forms required from 25 to just 6, removing the need for approvals like unique authorisation number, unique prototype identification number, certificate of conformance, certificate of maintenance, import clearance, and operator permit. Blackstone acquires Simplilearn for $250 million: Blackstone has acquired online certification platform Simplilearn for $250 million – making it the second big Indian startup acquisition this year after PlaySimple Games. Byju's acquires Epic for $500 million: Byju's has acquired a digital reading platform for kids Epic in a deal worth $500 million as they eye aggressive US expansion. Youtube acquires video commerce startup SimSim: YouTube has acquired SimSim as it plans to leverage the power of growing vernacular users to drive e-commerce through their platform. Swiggy raises $1.25 billion: Online food delivery unicorn Swiggy raises $1.25 million from Softbank Vision Fund 2 and Prosus Ventures. Lenskart raises $220 million: Omnichannel eyewear retailer Lenskart has raised $220 million from Temasek and Falcon Edge Capital to expand into Southeast Asia and the Middle East. GlobalBees raises $150 million: Thrasio-style GlobalBees has raised $150 million led by FirstCry to buy DTC brands with an annual revenue runrate between $1-$20 million. Spinny raises $108 million: Online used car retailer Spinny has raised $108 million from Tiger Global Management to expand its presence from 8 to 20 cities by the end of this year. Delhivery raises $100 million: E-commerce logistics unicorn has raised $100 million from FedEx Express ahead of its IPO plans. Healthify raises $75 million: Health and fitness startup HealthifyMe has raised $75 million from LeapFrog and Khosla Ventures to expand across the Southeast Asian market. BlackBuck raises $67 million to become a unicorn: Online trucking platform BlackBuck has raised $67 million from Tribe Capital, IFC Emerging Asia Fund and VEF to become India's latest unicorn.

In business schools in India, there is a misconception that marketing is not quantitative, and that it is for the more “creative” people. However, if you look at its history, marketing has always been a highly quantitative subject. To know more about data and quant in marketing, we talk to Prithwiraj Mukherjee, an assistant professor of marketing at IIM Bangalore. Prithwiraj teaches marketing management and marketing research at the MBA and doctoral levels. His MOOC titled Quantitative Marketing Research is available on EdX and Swayam. He research interests include behavioral decision making where he models biases, and digital marketing where he investigates influencer fraud and clickbait. Prithwiraj has a PhD in marketing from ESSEC in Paris, and degrees in chemical engineering from NITK Surathkal and IISc He can be found on twitter at @peeleraja Show Notes: 00:03:40 - Introduction on numbers in marketing 00:08:45 - Customised direct mail coupons 00:15:30 - Why do students in business school think marketing is a “soft subject”? 00:22:00 - Conjoint analysis 00:29:00 - Moving from sample data to population data 00:31:20 - Modelling customer loyalty 00:40:00 - Why has digital marketing evolved disjoint from marketing? 00:43:45 - What Facebook knows about you that Google doesn't 00:45:00 - How has AI / ML / Big Data changed marketing? Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

ਨਵੇਂ ਨਿਯਮ  ਟਰੱਕ ਸਕੂਲਾਂ ਲਈ 7 ਫਰਵਰੀ, 2022 ਨੂੰ ਰਜਿਸਟਰ ਕਰਨ ਲਈ ਅੰਤਮ ਤਾਰੀਖ100 million invested in Indian logistics firm Delhivery by FedEx.UBER Freight enters into the LTL Less-Than-Truckload market.ELDT (Entry Level Driver Training) starting to take effect Feb 7, 2022#punjabitruckingReach Flatrate Dispatching Services at 559-710-1212Reach NAPTA at 877-622-1313Punjabi Trucking 360 can be reached at 559-701-8000 or info@ramandhillonshow.com for advertisement and show inquiries. 

Analytics and Data Science have become mainstream career choices for graduating students in India nowadays. Analytics companies are nowadays among the largest recruiters at engineering colleges. How did we get here? How did data and analytics become so big, and so mainstream in India? In order to understand this, we need to understand the full history of analytics in India, and this is a story that goes back over a hundred years. Today's guest is N Dayasindhu, co-founder and CEO of itihaasa Research and Digital. For the past two decades, he has been working on R&D and innovation management especially focused on IT. He is working on the evolution of business and technology focused on IT and related domains in the Indian context. In an earlier avatar, he was a consultant advising MNCs setting up high-performance R&D and IT organizations in India. He was also a researcher in the R&D arm at Infosys and holds a couple of US patents. His research is published in Technology Forecasting and Social Change, Technovation, ACM SIGMIS, etc. He occasionally writes in The Indian Express, The Hindu,The Economic Times, The Hindu Business Line, Founding Fuel, etc. He has guest lectured in the IIMs, the Wharton School at UPenn, NUS Singapore, etc. He has an FPM (PhD) from IIM Bangalore, M.Sc. in Physics from IIT Madras and a B.Sc. in Physics from Loyola College, Chennai. Show Notes: 00:03:20 - PC Mahalanobis returns to India (1910s) 00:12:30 - Using analytics for engineering problems at IISc (1950s) https://ece.iisc.ac.in/index.php/about-us/history 00:23:00 - Analytics in the industry in India (1960s) 00:33:00 - Big tech coming into India (1980s) 00:35:30 - GE sets up captive in India (1990s) 00:39:45 - Analytics services startups; IT firms get into analytics (ealrly 2000s) 00:49:30 - Analytics training institutes in India (2010s) 00:52:00 - How to characterise analytics professionals in India Links Dayasindhu on Twitter Dayasindhu's interview with L^2, the alumni magazine of IIM Bangalore ---------- Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

“Business intelligence” has become a rather unfashionable term in the world of data and analytics. From generating buisness insights from intelligent use of data, it has largely devolved to become a software engineering function - to connect databases to front end tools. However, there is far more to business intelligence than just writing queries. In this episode, Karthik talks to another BI professional - Balaji Kuppuswamy, director of BI products at Youtube. They talk about what BI really is, the skills involved in BI, where it sits in an organisation, and how it can truly add value. Show Notes: 00:03:30 - What is the definition of Business Intelligence? 00:07:20 - BI's marketing and branding problem 00:12:50 - The role of science in BI 00:15:20 - Interactive dashboards 00:19:00 - What's it like being a data scientist in BI? 00:27:30 - How Balaji got into BI 00:32:00 - Using BI tools 00:36:00 - Integrating intelligence into BI tools 00:39:00 - Building up a BI team. 00:48:00 - Agile in BI Links: Kaiser Fung's article on BI and data science Avinash Kaushik on “datapukes" Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

Around a decade ago, “big data” became fashionable. There were lots of jokes and memes created around “big data”. Everyone wanted to do big data. Now, in 2021, the hype around big data may have died down, but how to roganise and store data remains an important problem for organistions to solve. Today's guest is Rangarajan Vasudevan, founder and CEO of TheDataTeam, which builds AI solutions for customer intelligence. We talk about the history of big data, what companies look for when they want to organise their data, technolgies and all such. Show Notes: 00:03:00 - What is Big Data? 00:10:10 - Why do we need to store data? 00:14:00 - Principles of data architecture 00:20:00 - How does data evolve as companies evolve? 00:24:30 - Data warehouse and data lake and data marts and other jargons 00:34:00 - How to avoid silos, and whether to centralise data engineering, analytics, etc. 00:42:40 - More on Hadoop 00:50:30 - How should a startup architect its data team (no pun intended)? Ranga on Twitter TheDataTeam Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

When we read or talk about “data science”, most of the talk is around modelling - the maths behind it, the “cool” modelling techniques, what kind of CPUs or GPUs are required, and all that. What we normally talk less about is how data science interacts with business. In this inaugural episode of Data Chatter, I talk to S Anand, co-founder and CEO of Gramener, about this so-called “interaction layer”. Our conversation is almost completely focussed on two such interfaces - Microsoft Excel, and data visualisation. We talk about various aspects of what it takes to communicate data to business, and pros and cons of different tools. Anand is a co-founder of Gramener, a data science company. He leads a team that automates insights from data and narrates these as visual data stories. He is recognized as one of India's top 10 data scientists, and is a regular TEDx speaker. Show Notes: 00:03:40 - On how Anand was “always a data guy” 00:12:01 - Anand's first tryst automated infographics 00:15:30 - What visualisations work best for whom? 00:22:00 - Visual Basic and Python 00:27:15 - “Gymnastics in Excel” 00:32:00 - Creating choropleths using Excel 00:41:20 - Google Sheets 00:45:30 - Business Intelligence Tools, such as Tableau, Power BI, etc. 00:52:09 - Pie charts Links: Gramener: https://gramener.com Anand's website: http://www.s-anand.net Tufte's seminal book: https://www.edwardtufte.com/tufte/books_vdqi Data Chatter is a podcast on all things data. It is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks, and read his blog at noenthuda.com/blog

#10 Urban Company: Urban Company is India's largest homes services marketplace. The company has a network of more than 35,000 home service professionals. They have also expanded beyond India to countries UAE, Australia, Singapore and Saudi Arabia. This rapid global expansion has caused their losses to almost doubled from $10 million in FY19 to $18 million in FY20. #9 CRED: CRED is a fintech startup that rewards its users for paying their credit card bills on time. The company is trying to fundamentally change the behaviour of its consumers in order to build a community of high trust individuals. This is why CRED had to spend a lot to get customers on their platform through expensive ads – leading to a minuscule operating revenue of $71,200, while expense stood at $51.8 million. #8 Delhivery: Logistics startup Delhivery is planning to go public in the coming months – which is why they have managed to cut down their losses significantly but it still remains considerably higher. Their losses rose to a high of $256 million in FY19 before coming down to just $38 million in FY20. #7 Udaan: Udaan is a B2B marketplace for retailers to buy products directly from the manufacturers. Focusing on rapid growth and building their all-India logistics – Udaan ended up raking up some pretty huge losses. Their losses rose by 3X from $112 million in FY19 to $333 million in FY20. #6 Ola Cabs: Ola Cabs has not only established its ride-hailing business in India but has also expanded internationally to countries like Australia, New Zealand and the UK. The company has been continuously improving its unit economics while also cutting down on losses in hopes of going public. They managed to cut down their loss from $436 million to $373 million between FY18 to FY19. #5 Swiggy: Indian food delivery unicorn Swiggy has long been engaged in a battle with its rival Zomato by offering huge discounts and cashbacks to acquire new customers. That combined with poor unit economics has caused their losses to grow. They ended the FY20 with a revenue of $368 million but a loss of $499 million. #4 Zomato: Zomato recently filed for an IPO is yet to achieve profitability either. The company claims to have achieved positive unit economics – which is a step towards profitability but according to their IPO filing, the company is expected to continue to be making losses for a while. In the first three-quarters of FY21, Zomato has already lost $93 million. #3 Dream11: Dream11 is India's only gaming startup to turn unicorn and it is also a leader in the country's fantasy gaming segment. They've had to spend a lot on the advertisement to make fantasy gaming popular among the masses – at a time when it was being looked at as gambling. As a result of which, Dream11's losses for FY19 stood at $19 million. #2 OYO: Oyo Rooms is India's hospitality unicorn that had expanded rapidly to international destinations before shrinking operations due to the pandemic. Their unpreceded rate of expansion demanded investment before they could make any money. This is why Oyo Rooms' losses grew 6X from just $50 million in FY18 to $336 million in FY19. #1 Paytm: India's most valuable fintech startup Paytm has been in the headlines for its heavy losses but they are now gearing up to file for an IPO – in fact, it could be India's largest IPO ever. While Paytm has managed to cut down its losses significantly by 42% from $389 million in FY20 to just $232 million, they are still a long way from profitability.

This is the trailer of "data chatter", a new podcast on all things data. Data Chatter is a series of conversations with experts and industry leaders in data, and each week we aim to unpack a different compartment of the "data suitcase". The podcast is hosted by Karthik Shashidhar. He is a blogger, newspaper columnist, book author and a former data and strategy consultant. Karthik currently heads Analytics and Business Intelligence for Delhivery, one of India's largest logistics companies. You can follow him on twitter at @karthiks

This week in Indian Startup News, WazirX launches India's first NFT marketplace, RBI clarifies that crypto trading isn't banned, Delhi allows online delivery of alcohol, Nykaa's IPO plans, Dunzo to deliver medicine using drones, Infra.Market acquires Equiphunt, Byju's acquires HashLearn and xto10x acquires Dockabl. In funding news, Delhivery raises $277 million, Urban Company raises $255 million, OfBusiness in talks to raise up to $150 million and Mensa Brands raises $50 million. WazirX launches India's first NFT marketplace: India's largest cryptocurrency trading platform WazirX has launched India's first NFT marketplace- enabling artists to sell NFTs on their platform using their own cryptocurrency. RBI clarifies that crypto trading isn't banned: Some good news for the cryptocurrency investors as RBI has released a new circular clarifying that banks cannot cite their 2018 circular which banned crypto trading as it was quashed by the Supreme Court last year. However, they still want banks to be cautious. Delhi allows online delivery of alcohol: Delhi government has allowed online delivery of alcohol from apps and websites but it might still be a while before it becomes reality and online delivery startups like Swiggy, Zomato and Dunzo start delivering alcohol in the city. Nykaa's IPO plans: Falguni Nayyar led omnichannel beauty retailer Nykaa is expected to IPO this year – raising anywhere between $500-700 million at a $4.5 billion valuation. Dunzo to deliver medicine using drones: Dunzo has partnered with the Telangana government for their ambitious ‘Medicine from the sky' project to help them deliver medicine to remote parts of the state using drones. Infra.Market acquires Equiphunt: A marketplace for real estate companies to procure construction materials Infra.Market has acquired a majority stake in a contruction equipment rental startup Equiphunt for $10 million. Byju's acquires HashLearn: Byju's has acquired a subscription-based on-demand tutoring platform HashLearn to strengthen its position in the test-preparation segment. xto10x acquires Dockabl: Binny Bansal's xto10x which helps startups in scaling their business efficiently has acquired an HR-Tech startup Dockabl to offer a performance management tool to track and enhance the productivity of employees. Delhivery raises $277 million: Logistics startup Delhivery has raised $277 million in a round led by Fidelity and GIC at a $3 billion valuation and it is expected to go public this year. Urban Company raises $255 million: On-demand home services startup Urban Company has raised $255 million from Prosus Ventures, Dragoneer Investment Group and Wellington Management. OfBusiness in talks to raise up to $150 million: OfBusiness is in talks with SoftBank to raise up to $150 million at a $1.2 billion valuation – making it a unicorn.

Delhivery, India's largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a regulatory filing, the Gurgaon-headquartered startup disclosed it had raised $277 million in a round led by Boston-headquartered investment firm Fidelity. Singapore's sovereign […]

Delhiveryは当初フードデリバリーの会社としてスタートしたが、後にインドの2300以上の都市と1万7500以上の郵便番号を対象としたフルスイートの物流サービスにシフトした。 同社は、貨物交換プラットフォームを通じて、物流市場の需要と供給のシステムをデジタル化しようとしている数少ないスタートアップ企業の1つ。 プラットフォームは、荷主と取扱業者、そして道路輸送ソリューションを提供するトラック事業者をつなぐ ★Delhivery https://www.delhivery.com/ ★Youtube紹介動画 https://youtu.be/hvtG3PwOQrI ★TECH CRUNCH https://jp.techcrunch.com/2021/05/31/2021-05-30-indian-logistics-giant-delhivery-raises-277-million-ahead-of-ipo/ ★だいじろうのTwitter（ご意見お待ちしてます！） https://twitter.com/daijirostartup #海外　#スタートアップ　#物流　#配送　#インド #デリバリー --- Send in a voice message: https://anchor.fm/daijirostartup/message

India produces sufficient oxygen, but getting it to Covid-19 patients remains a challenge. How can we get out of this crisis? VR Sharma, MD, Jindal Steel, Rajeev Gupta, Founder Vinayak Oxygen and Sandeep Barasia, CBO, Delhivery tackle the logistical issues, while Pulmonologist Dr. Bornali Datta, and ET's Nabeel Khan recount their experiences in battling oxygen availability.

From investing all his savings in Sahil Barua's Delhivery in 2011 to becoming an angel investor in 130 Indian startups, the story of Abhishek Goyal, Co-founder, Tracxn is worth listening for everyone in the ecosystem.  Being an Ex-Yahoo & Amazon employee, Abhishek stepped into the startup investing ecosystem with Accel Partners in 2008.Traxcn aims to become the largest platform tracking Innovative Startups, Private Companies & Emerging Sectors globally. They track millions of companies, to enable Investors & global corporates to track sectors of their interest effortlessly.During the podcast, Abhishek talks about how to identify founders who'll make category-creating startups, important signals to predict a brand's success, starting as an Angel investor in the ecosystem.Notes - 03:06 - Background with Yahoo & Amazon, joining Accel Partners09:58 - The story behind Accel's investment in Flipkart16:33 - Identifying patterns and traits in successful founders18:09 - Unlearning your existing beliefs as an investor22:01 - Explaining Unicorn startups and the general notion of ownership amongst investors29:47 - Importance of customer signals at an early stage31:28 - “Capital doesn't follow fundamentals, fundamentals follow the capital.”36:10 - “10 years later we as Indians won't be celebrating Unicorns.”37:44 - Sectors he's bullish for this decade: SaaS, EdTech, and Banking among others46:42 - Preventing forced exits being an Angel investor49:36 - Advice to first-time investors in Startups55:01 - Reading and keeping himself updated with Startup news

This week in Indian Startup News, MobiKwik's potential data breach, WhiteHat Jr to offer space education, InMobi plans an IPO in the US, Pine Labs to IPO in 2022, Two Delhivery co-founders exit ahead of IPO, Nazara's successful IPO, NPCI issues guidelines for implementing 30% cap on UPI transactions, Amazon acquires Perpule and Byju's is in talks to acquire online reading platform Epic. In funding news, Byju's raises $460 million, FirstCry raises $315 million, Uniphore raises $140 million, DotPe raises $27.5 million, HealthPlix raises $13.5 million and Chingari raises $13 million. MobiKwik's potential data breach: According to multiple media reports and independent cybersecurity experts – MobiKwik's data has been breached leaving personal data of their 100 million users exposed. While the company has denied the reports of any data breach on their servers, RBI has asked them to conduct a forensic report. WhiteHat Jr to offer space education: WhiteHat Jr has partnered with satellite company EnduroSat which will give them access to two satellites in space and help their students to learn more about space technology. InMobi plans an IPO in the US: India's first unicorn and a mobile advertising platform InMobi is all reportedly all set to launch their IPO in the next three months. They might raise as much as $1 billion through the IPO - valuing the company at $13-15 billion. Pine Labs to IPO in 2022: Pine Labs is expected to IPO in 2022 in the US – valuing the company at $5 billion. Two Delhivery co-founders exit ahead of IPO: Two of Delhivery's co-founders' Mohit Tandon and Bhavesh Maglani have reportedly left the company ahead of their IPO. Nazara's successful IPO: Nazara shares were issued at Rs 1,101 but they hit a 80% premium at the time of listing. NPCI issues guidelines for implementing 30% cap on UPI transactions: The 30% cap on overall UPI transactions came into effect starting this year but the UPI apps like PhonePe, Google Pay and Amazon Pay have until the end of 2022 to comply. When any UPI app hits 30% limit, they will be asked by the NPCI to stop onboarding any new customers in a bid to bring down their number of transactions to keep them within the 30% limit. Amazon acquires Perpule: E-commerce giant Amazon has acquired Perpule for $14.7 million as they plan to strengthen their presence in India's offline commerce space which generates 95% of the sales by helping them get online using their latest acquisition. Byju's is in talks to acquire online reading platform Epic: India's most valuab;e edtech startup Byju's is reportedly in talks to acquire Epic as the company plans to expand its overseas presence in the US. Byju's raises $460 million: Byju's has raised a massive $460 million in their ongoing series F round from MC Global Edtech Investment Holdings at an expected valuation of $13 billion. FirstCry raises $315 million: Omnichannel retailer for baby products has reportedly raised $315 million as they plan to expand their presence in the Middle East. Uniphore raises $140 million: Conversational AI startup Uniphore has raised $140 million from Sorenson Capital Partners to help them focus on video-based AI applications. DotPe raises $27.5 million: DotPe has raised $27.5 million from PayU at a $90 million valuation to help offline businesses to sell online. HealthPlix raises $13.5 million: HealthPlix has raised $13.5 million in series B round led by Lightspeed Venture Partners to onboard 50,000 doctors on their platform. Chingari raises $13 million: Chingari has raised $13 million from OnMobile for a 10% stake to enhance its content portfolio and expand its user base.

Welcome to another episode of The Startup Operator Roundup, where Roshan Cariappa and Gunjan Saha discuss -

This week in Indian Startup News, Nazara Technologies becomes India's first company to IPO, Log 9 Materials launches EVs with their Rapid Charging Battery, Oyo shuts down some coliving and coworking business, Zomato enters dietary supplement market, Tata's acquisition bid for BigBasket and Square Yards acquires PropVR. In funding news, PolicyBazaaar raises $75 million, MyGlamm raises $24 million, Leap Finance raises $17 million, OZiva raises $12 million and YAP raises $10 million. Huge funding rounds in the making, CRED expected to raise $200 million, Delhivery could raise up to $150 million ahead of IPO and Stanza Living in talks to raise $120 million. Nazara Technologies becomes India's first company to IPO: Nazara Technologies finally launched its IPO on 17th March – making it the first Indian company ever to go public. The company has transformed itself from a telecom gaming subscription company to a full-fledged gaming company with fingers in every major segment from esports to gamified learning. Log 9 Materials launches EVs with their Rapid Charging Battery: Log 9 Materials has announced the launch of their electric scooters and three-wheelers that come with their disruptive Rapid Charging Battery packs. Oyo shuts down some coliving and coworking business: In a bid to focus on its core business, Oyo is checking out of its loss-making ventures – by shutting down some coliving and house rental business (Oyo Life) and some coworking spaces. Zomato enters the dietary supplement market: Indian foodtech unicorn Zomato is looking to diversify by launching its own brand of dietary supplements ahead of its expected IPO this year. Tata's acquisition bid for BigBasket: Tata Digital is finally seeking approval of CCI to acquire 64% of BigBasket. Square Yards acquires PropVR: Real estate startup Square Yards has acquired AI-based PropVR to turn 2D floor plans into interactive 3D walkthroughs in minutes. PolicyBazaaar raises $75 million: PolicyBazaar has raised $75 million in a round led by Falcon Edge Capital. MyGlamm raises $24 million: MyGlamm has raised $24 million in series C round led by Ascent Capital, Amazon and Wipro Consumer. Leap Finance raises $17 million: Leap Finance has raised $17 million series C led by Jungle Ventures. OZiva raises $12 million: OZiva has raised $12 million in series B led by Jungle Ventures. YAP raises $10 million: YAP has raised $10 million in series B led by Flourish Ventures and Omidyar Network. CRED expected to raise $200 million: CRED is expected to raise $200 million in fresh funding at a $2 billion valuation – that would make it India's fastest unicorn. Delhivery could raise up to $150 million ahead of IPO: Delhivery is reportedly in talks to raise up to $1450 million ahead of its IPO. Stanza Living in talks to raise $120 million: Stanza Living is in final talks to secure a $120 million funding – doubling its valuation from $300 million to $600 million. Follow Backstage with Millionaires to remain updated with our latest developments. LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/ Twitter: https://twitter.com/bwmillionaires/ Instagram: https://www.instagram.com/backstagewithmillionaires/ Discord: https://discord.gg/XySGGhXKep

This week in Indian Startup News, New Umbrella Entity Licenses to strengthen digital payments ecosystem, Paytm processes 1.2 billion transactions and Flipkart expands grocery service and explores IPO via SPAC route. In acquisition news, Flipkart in talks to acquire Cleartrip, Delhivery acquires Primaseller and Reliance acquires majority stake in skyTran. In funding news, Groww in talks to raise $100 million, PolicyBazaar raises $45 million, Cashify raises $15 million, Apna.co raises $12.5 million, Euler Motors raises $4 million, The ePlane Company raises $1 million and Clairco raises $577,000. New Umbrella Entity Licenses to strengthen digital payments ecosystem: The Reserve Bank of India (RBI) is doling out New Umbrella Entity (NUE) licenses as the central bank is looking to create a consortium of companies that could compete with the NPCI and create better digital payments systems and technologies that will be compatible with NPCI's Rupay and UPI to turn India into a cashless and digital economy. Companies like Reliance, Tata Group, Amazon, Paytm and Ola have formed their own consortiums to apply for the NUE licenses. SpaceX's satellite internet service Starlink is available for pre-booking in India for $99: SpaceX's satellite internet service Starlink is now available for pre-booking in India for $99. While the internet service will only be available in India by 2022. Starlink currently offers speed in the 50-150 Mbps range but it will be increased to 300 Mbps soon. Paytm processes 1.2 billion transactions: India's most valuable unicorn Paytm claims to have emerged as the leading mobile payments provider by volume – processing more than 1.2 billion transactions last month. While PhonePe and Google Pay lead the UPI payments, Paytm claims the top spot in the consolidated mobile payments space. Flipkart expands grocery service and explore IPO via SPAC route: Flipkart has expanded its grocery delivery service to more than 50 cities and is also looking to take the SPAC route to IPO in the US. Flipkart in talks to acquire Cleartrip: Flipkart is in talks with online travel agency Cleartrip for an acquisition as the ecommerce giant looks to expand its product offering. Delhivery acquires Primaseller: Logistics unicorn Delhivery has acquired a SaaS-based platform Primaseller that provides an omnichannel inventory management software Reliance acquires majority stake in skyTran: Reliance has doubled its stake in the US-based skyTran from 26.3% to 54.46% for $26.76 million. Groww in talks to raise $100 million: Online investment platform Groww is in talks with Tiger Global Management to raise $100 million at a valuation of about $1 billion. PolicyBazaar raises $45 million: Online policy aggregator PolicyBazaar has raised $45 million through secondary share sale from Bay Capital, IIFL Wealth, White Oak Global Advisors and Cyrus Poonawalla Group. Cashify raises $15 million: Online platform for selling used smartphones Cashify has raised $15 million from Olympus Capital Asia. Apna.co raises $12.5 million: Professional networking platform for blue-collar workers Apna.co has raised $12.5 million Sequoia Capital India, Greenoaks Capital, Lightspeed India and Rocketship.vc Euler Motors raises $4 million: EV startup Euler Motors which is gearing up to launch its first electric cargo three-wheeler has raised Rs 30 crore ($4 million) as a part of its ongoing series A round led by Inventus India and Jetty Ventures. The ePlane Company raises $1 million: The ePlane company has raised $1 million from Speciale Invest, Naval Ravikant, Java Capital, FirstCheque.vc, and Indian Institute of Management Ahmedabad's CIIE incubator. Clairco raises $577,000: Air purification startup Clairco has raised Rs 4.2 crore ($577,000) from Anicut Angel Fund, Max Group and AngelList.

"Being nice is a superpower in startup investing. There is a reason early individual investors in startup world are called angels and we all need to do everything to grow into that title". Hear how Abhishek Goyal, cofounder of Tracxn is working towards accelerating innovation globally through Tracxn and through angel investing and how he is most bullish about tomorrow than ever before. Abhishek is graduate from IIT Kanpur, worked with Yahoo and Amazon before joining Accel and then starting Tracxn. In various avatars (Accel, Tracxn Labs & personally), he has invested in 100+ startups over last 13 years which included names like Flipkart, Delhivery, Rupeek, Gameskraft, Airmeet, and Lafz.

How companies like Delhivery, Clovia, Cars24 and JetSetGo have moved away from their core in the pandemic, or added to it