Times Applaud

Rakesh Jhunjhunwala, often referred to as India's Warren Buffet, died on 14th August. He was known as the father of share market. On August 16, India woke up to the news of the death of Rakesh Jhunjhunwala. According to his magnanimity, anyone who believes he was born into the elite and has remained such his whole life is mistaken. Rakesh Jhunjhunwala was born in Bombay to a middle-class Marwari family.His father was an income tax commissioner, and it was through him that his passion in all things financial took flight. After graduating from Mumbai and earning his CA in 1985, he entered the stock market with no financial assistance from his father. His investing adventure, on the other hand, has been nothing short of a roller coaster trip. Starting with a paltry 5000/- investment, which at the time was considered pricey by standards, he made tremendous profits. Rakesh made a profit of INR 5 lakhs in the first year by investing in Tata Tea. He purchased shares...

India-based blockchain-based gaming startup Lysto has secured $12 million in a pre-Series A funding round. Among other things, the company that issues digital credentials on-chain for gamers, will use the money to develop its platform. Lysto, an India-based Web3 buSadiq Ahamed founded Lysto last year, and the company primarily gives digital credentials on-chain to online players when they win a tournament or game. The credentials can then be published as NFTs on the players' social media pages. The business has unveiled "Proof of Play Protocol " (PoPP), which provides industry-standardised gamer credentials and reputation. PoPP can be given out by games, competitions, or even by gamers themselves as trophies, game and social badges, and game-tester tokens. siness that offers digital credentials on-chain for gamers, revealed today that it has secured $12 million in a pre-Series A fundraising round led by Square Peg, Beenext, Hashed, Tiger Global, and Better ...

Arc, a digital bank for 'high-growth' SaaS companies, has raised $20 million in funding. Earlier this year, the business graduated from Y Combinator. Arc, a company that aims to give SaaS entrepreneurs with a "one location to borrow, save, and spend," has raised $20 million in a Series A round of investment. The business emerged from secret mode seven months ago with $150 million in debt investment and $11 million in startup money. While it is still early, Arc believes that their solution, which provides loan financing as well as digital banking services to SaaS enterprises, has generated a lot of interest. Since the fourth quarter of 2021, the company's revenue has climbed by 250% on average per month. Stripe is a partner and one of the world's largest and most valued private fintechs. When Arc first gained public attention in mid-January, the firm announced that more than 100 businesses had signed up for the Arc platform since the summer launc...

Adam Neumann, the controversial WeWork founder, is back after three years with his new business Flow, which has received the largest single-round investment from famous Silicon Valley investor a16z. However, this has failed to please the tech and venture capital communities. WeWork's infamous founder Adam Neumann, who the VCs ousted in 2019 for financial fraud, mismanagement, and managing a terrible work culture, might raise a large check again, especially in a venture bear market — and for a firm that hasn't even debuted yet. Andreessen Horowitz (a16z), a major Silicon Valley venture capital company known for its early bets on Airbnb and Twitter, made a $350 million pre-seed investment in Neumann's new business Flow last evening IST, valuing the soon-to-be-launched residential real estate firm at $1 billion (unicorn). While a16z's official blog article did not disclose any financial specifics of the transaction, the media estimated it to be $350 million, cit...

Seeza Bhardwaj built a D2C skincare brand after she had just given birth to a child. Here's how the startup, Green Loom, is making a mark in the natural skincare space. The company clocks an annual turnover of Rs. 36 to Rs. 48 lakhs. Seeza Bhardwaj, 28, had just given birth to a baby girl in February 2018 when she decided to follow her long-held dream of becoming an entrepreneur. Within the next 50 days, she launched her direct-to-consumer skincare company, The Green Loom. The Panchkula-based firm has now selected a collection of 31 'premium natural' skincare items, ranging from face packs and creams to cold pressed oils. In India, the startup has a presence both online and offline. As she looked at the overcrowded D2C skincare industry, particularly "organic," the mompreneur had been pondering over the concept of creating "simple, transparent, and fit-for-all" skincare products for a long time. Organic is the most overused word in skincar...

It is not easy to launch and simultaneously run a successful business. Navigating the waters of entrepreneurship is difficult. Successful business leaders had worked diligently and dedicatedly to make their way to the top. Getting inspired, motivated and learning few crucial lessons from those powerful business minds can be very valuable for aspiring entrepreneurs— especially if it’s your start-up. Here is a list of six top business leaders and influencers who have not only motivated their team, investors and consumers to believe in a vision, but also lead innovation in their respective companies. 1.Nitin Chawla Nitin Chawla is an Indian entrepreneur and founder of ONEDIOS. He has worked in IBM for 12+ years and supported multiple organisations in improving the business processes. He has been one of those people who jumped to entrepreneurship after spending good 15 years in the industry when in 2019 he launched his startup named ONEDIOS which is first of its kind...