CO FOUNDER
‘Should have done better … now learnt the lesson,’ says Paytm founder
Paytm is like a daughter who met with an accident and is in ICU, Vijay Shekhar Sharma says in the context of developments at the payments bank. "I saw it as a daughter on the way for an important entrance test, but met with an accident, and in a way is in ICU right now. That was the feeling from a personal, emotional (point of view),” Sharma said speaking at an event organised by JITO Innovation and Incubation Foundation in New Delhi.
Global experts, CISOs, founders to converge at Accel Cybersecurity Summit in Bengaluru on July 25
The summit comes when India's cybersecurity landscape is witnessing remarkable growth, and demand for products and services is rising at a fast clip. Accel has been operating in India since 2008. The global venture capital firm said, "Accel is set to host India's largest Cybersecurity Summit in Bengaluru,"
Netflix co-founder becomes one of the biggest Democratic donors to call for Biden to step aside
Reed Hastings, Netflix co-founder and prominent Democratic donor, publicly called for President Joe Biden to step aside from the Democratic presidential ticket, urging a stronger leader to face Trump in the upcoming election. Hastings, a major supporter of education reform and racial justice causes, has been vocal about his concerns, echoing private sentiments among Democratic megadonors. Despite Biden and White House officials affirming his intent to stay, Hastings' stance underscores growing divisions within Biden's support base. Known for his philanthropy and executive role at Netflix, Hastings remains influential in both politics and his personal interests, including skiing.
Nithin Kamath sees tough times for broking industry as regulator seeks to rein in options boom
The Zerodha chief's remarks follow Sebi chair Madhabi Puri Buch's announcement that the regulator is aware of the highly speculative nature of options trading. Sebi plans to take action based on the recommendations of the working committee.
Akasa Air to start flying to Abu Dhabi from Jul 11
Akasa Air started international services with flights to Doha in March. It has also announced flights to Jeddah and Riyadh. It also has traffic rights for Kuwait, and Medina.
LinkedIn cofounder's background-checking startup KarmaCheck raises $45 million
The San Francisco-based company said on Thursday that it will use the funds to accelerate the development of its technology and "expand into new industry verticals."
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How Tuesday night dates played a vital role in Netflix co-founder Marc Randolph's success
Marc Randolph emphasizes the crucial role of work-life balance in his success. He attributes his achievements not just to professional milestones but also to maintaining a healthy balance with personal life. His key practice is having Tuesday night dates with his wife for over 30 years, ensuring a consistent break from work and quality time with family. Despite occasional exceptions during busy periods, Randolph prioritizes family.
What Ghazal Alagh learned from Jeff Bezos? Mamaearth co-founder reveals her decision-making strategy
Ghazal Alagh, co-founder of Mamaearth, has adopted a strategic technique inspired by Jeff Bezos, aiming to enhance decision-making at Honasa Consumer Ltd. Her method involves visualizing consumers in strategic meetings, reflecting a customer-centric approach akin to Amazon's strategies. This innovation has garnered rapid engagement on LinkedIn, prompting discussions on the inclusion of employees in decision-making processes.
Akasa Air well on path to profitability; will launch more intl flights: Co-Founder Aditya Ghosh
Akasa Air, co-founded by Aditya Ghosh, is progressing towards profitability and expanding its reach to South and Southeast Asia. In under two years, the airline has grown to a fleet of 24 planes with over 4,000 employees. Ghosh emphasizes a customer-focused, consistent approach to operations and plans further international and domestic expansions.
Seeking personal and professional growth? Mamaearth's Ghazal Alagh shares her secrets
Mamaearth co-founder Ghazal Alagh emphasizes the importance of stepping out of one's comfort zone to achieve growth. In a recent social media post, she shared that facing discomfort and overcoming fear has made her more confident, resilient, and determined. Alagh also highlighted the lessons she learned from her children, such as finding joy in simple things and staying curious.
Ashneer Grover reflects on 2024 Lok Sabha election results during Statue of Liberty visit: 'India mein parliamentary democracy hai'
BharatPe co-founder Ashneer Grover, while visiting the Statue of Liberty in New York, shared his thoughts on the 2024 Lok Sabha election results. In a post on X (formerly Twitter), Grover praised Indian voters for demonstrating their intelligence and the strength of parliamentary democracy. He emphasized the importance of selecting better MP candidates at the constituency level. Grover's post received mixed reactions from social media users.
“EORS is going to be a game changer”: Uptownie’s Co-Founder Shivani Agarwal on the fashion brand’s partnership with Myntra
Myntra, a popular e-commerce platform, offers a vast selection of women's western wear, including trendy tops. Uptownie, a well-loved brand on Myntra, provides affordable and trendy fashion for Indian consumers. The ongoing End Of Reason Sale on Myntra presents great deals on Uptownie's viral products.
Seeking success? 7 secrets to succeed in life from Netflix co-founder Marc Randolph's father
Marc Randolph, co-founder of Netflix, recently shared a handwritten note from his father outlining seven essential rules for success. The note advises exceeding expectations, maintaining integrity, being courteous, offering constructive criticism, making decisions confidently, using data analysis, and embracing a balanced perspective. Randolph's post has sparked widespread interest, with viewers praising the timeless wisdom encapsulated in his father's guidance.
Noida businessman duped of Rs 9 crore in WhatsApp trading scam: Report
A businessman named Rajat Bothra from Noida was duped of over Rs 9 crore by cyber thugs after joining a stock market trading group. Social media, especially WhatsApp, has become a breeding ground for scams.
₹80 cr security must for BharatPe co-founder Ashneer Grover and wife Madhuri Jain's US Visit
The couple will also have to submit all the details of their stay, hotels, travel, and phone numbers with the court and the investigative agencies. Besides, the HC also restrained them from creating third party rights on the shares of BharatPe held by them. The court said that one of the parties would stay in India as a "mortgage" while the other travels.
Why Nikhil Kamath decided against children? Zerodha co-founder talks about adoption and questions the need for legacy
Zerodha co-founder Nikhil Kamath recently discussed his views on parenthood and legacy on his podcast, WTF. Kamath revealed that he once considered adopting a child and conducted thorough research, only to find that current regulations make it nearly impossible for a single Indian man to adopt. He shared that his desire for adoption was driven by a sense of it being "cool" at the time.
Sebi amends rule to facilitate ease of doing biz for cos planning IPOs
Rules mandate at least 20% of promoters’ shares to be locked in for a certain period of time post-listing after an IPO. This relaxation will help new-age technology companies as founders’ shareholding comes down usually after an IPO. Non-promoter shareholders excluding individuals holding more than 5% of the post-offer equity share capital can contribute towards the shortfall, Sebi said.
Infosys co-founder Narayana Murthy wants your kid to read this brilliant physics book
Infosys co-founder Narayana Murthy endorses "Conceptual Physics" by Paul G. Hewitt as essential reading for Indian youth nationwide. Murthy highlights its effectiveness in teaching physics to high school students. He urges translation into various Indian languages for wider accessibility, aiming to enhance STEM education and empower students across cultural backgrounds. Murthy's advocacy reflects a commitment to inclusive learning and educational excellence in India.
Why Bengaluru is Nikhil Kamath's favourite city? Zerodha co-founder says Mumbai has 'good-looking people but...'
Billionaire entrepreneur Nikhil Kamath recently praised Bengaluru, India's startup capital, in a YouTube podcast. Despite acknowledging challenges like traffic, he highlighted Bengaluru's standout feature as its people, emphasizing their warmth and love for the city. Kamath also praised Bengaluru's talent pool, calling it unmatched globally for startups due to its access to skilled individuals at a reasonable cost.
HC asks Ashneer Grover not to create third party rights in shares transferred by BharatPe cofounder
Delhi High Court restrains Ashneer Grover from transferring shares to prevent irreparable loss to Bhavik Koladiya. The legal battle involves claims over shares transferred before BharatPe's incorporation, highlighting Grover's resignation in March 2022.
Zerodha co-founder Nikhil Kamath is bullish on the prospects of Indian wedding industry, says it has a bright future despite being ‘uncool’
The entrepreneur expressed strong optimism regarding the future of the wedding planning industry. Posting on X (formerly Twitter), the billionaire highlighted India's status as a highly sought-after wedding destination. Additionally, he shared statistics indicating that India boasted the world's second-largest wedding market after the United States, with a remarkable 13 percent growth from 2022 to 2023.
Boult IPO likely next year, says co-founder Varun Gupta
Indian consumer tech brand Boult plans to go public next year, with a revenue benchmark of Rs 1,000 crore in FY25, as it expands into international markets and new categories, according to its co-founder Varun Gupta.
‘A damn hard thing to do’: Tesla co-founder JB Straubel takes on battery recycling
The company he built, Redwood Materials, is now the largest battery recycler in North America, and it’s using those recycled materials to manufacture complex battery components.
Making losses in options trading? Zerodha co-founder Nithin Kamath shares a pro tip
A key advantage of these strategies is the limitation of losses. Regardless of market fluctuations or extreme events, such as circuit breakers or geopolitical turmoil, losses are capped at a predetermined amount.
Hospitality organisations investing in employees through industry certifications: ISH co-founder
Hospitality organisations are investing in their employees through industry certifications along with diversity and inclusion training, Indian School of Hospitality Managing Director Kunal Vasudeva has said.
Leasing of lithium-ion batteries for 3-wheelers to be rolled out soon in Kolkata
On the streets of Kolkata and surrounding areas, e-rickshaws, popularly known as 'toto', are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said on Sunday. Neuron Energy, a lithium-ion battery maker, has joined hands with Urja Mobility to spearhead the leasing model which has so far been heard only in the business-to-business EV sector, they said.
Mamaearth co-founder’s LinkedIn controversy: Woman criticizes Ghazal Alagh's pregnancy photoshoot post, faces backlash
A recent LinkedIn post by Mamaearth's co-founder, Ghazal Alagh, faced criticism from Prakriti Sharma, an AI engineer at Tata Consultancy Services. Sharma's critique sparked a debate on social media regarding pregnancy choices and women's autonomy. Sharma disapproved of Alagh's decision to prioritize a pregnancy photo shoot, accusing her of neglecting her child's well-being for 'seeking validation' on social media. However, many users defended Alagh, highlighting the diversity of pregnancy experiences and the importance of respecting individual choices.
Zavya names Ravi Malani as new COO and Co-founder
Zavya is projected to commence strategic efforts to enhance the brand identity, foster productive partnerships with celebrities and incorporate a streamlined approach in the omnichannel retailing experience.
Yahoo acquires Instagram cofounders' AI news platform Artifact
Yahoo acquires Artifact, co-founded by Instagram's Systrom and Krieger. Integrating AI-powered recommendation engine. Yahoo owns TechCrunch, Engadget, and Taboola. Purchased by Apollo for $5 billion.
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