| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102514) | |
22241. This IIT Roorkee alum’s startup is helping students crack job interviews at IT companies
- Founded in 2010, GeeksforGeeks is a Delhi-NCR based bootstrapped startup that provides information needed by students to crack their interviews in any IT firm
- IIT Roorkee alum Sandeep Jain always faced a major problem — find worthwhile resources and guidance for interview preparation.
- Identifying a business opportunity, Sandeep launched GeeksforGeeks in Delhi-NCR in 2010.
22242. This Bengaluru startup is making fashion sustainable in every sense
- Bengaluru fashion startup The August Company is supported by three pillars of sustainability — social, economic, and environmental. Its workforce comprises 90 percent of women employees.
- The startup ensures its products are environment-friendly and makes accessories with remnant fabrics. It also uses sustainable materials like waste paper for packaging purposes
- The August Company also ensures high-quality standards of stitching at its in-house production facility. It uses khadi, block print techniques, handloom ikats, tie and dye techniques, and cotton handloom fabrics for its products. These traditional handwoven and printed fabrics techniques are passed down from one generation to another in families that practice the craft.
22243. This live tutoring startup is attracting students from small towns by making education 'affordable'
- Bengaluru-based edtech startup DUX Edu launched in the lockdown as the demand for online tuitions peaked. In seven months, it has enrolled over 15,000 students, 50 percent of which come from small towns and villages.
- DUX Edu’s live tutoring platform holds classes in batches of 10. The curriculum is in sync with the ICSE/CBSE school syllabus, and also includes non-academic subjects like Vedic Math and Phonics.
- The startup claims to be the most affordable afterschool tutoring platform in India, with prices capped at Rs 500 per subject per month. This has led to a large number of students from small towns signing up on DUX Edu.
22244. This dental tech startup promises a smile makeover with its brand of clear aligners
- Arpi Mehta and three co-founders started smile makeover service toothsi in November 2018 in Mumbai. Today, her brand toothsi is present in seven major cities in India, and claims to have delivered 11,000 smile makeover plans.
- Today, toothsi is present in Delhi/NCR, Mumbai, Ahmedabad, Chandigarh, Hyderabad, Bengaluru, and Pune. Arpi does not disclose the company’s revenue, but reveals they have delivered 11,000 smile makeover plans, and is planning to reach Rs 100 crore annual recurring revenue (ARR) in a few months.
- Today, we have a tech-first approach, and aim to leverage our funding to enhance our core technology and provide a seamless digital customer experience.
22245. 4 years, 52 outlets: How Nandu’s touched operational profitability despite the pandemic
- Bengaluru-based meat startup Nandu’s has seen 2X growth every year for the last three years and aims to strengthen its position by growing to 125 outlets in key markets such as Hyderabad, Chennai, Mumbai, Pune, and Delhi.
- Nandu’s is a fully integrated and omnichannel chicken brand with over 52 stores across Bengaluru. It focuses on offering quality and hygienic chicken, which is free from hormones, steroids, antibiotics, and growth promoters.
- It has big plans: to become a brand with 125 outlets across key markets from the current 43 stores by March 2021 and grow to 600 stores pan-India in the next five years. The company, which has a turnover of over Rs 500 crore, is now targeting a revenue of Rs 2,000 crore.
22246. [Startup Bharat] How Ahmedabad-based Veirdo grew 20X by bringing affordable fashion to the youth
- Fashion commerce startup Veirdo launched in 2016 to offer trendy and affordable clothing to young men. Five years and 300+ designs later, it is gunning to be a Rs 150-crore brand.
- By 2019, the bootstrapped startup expanded to launch a womenswear brand, Juneberry, to make the most of the rise in female fashion shoppers in India. This year, following pandemic-led growth, Veirdo is planning to get into kidswear too.
- Veirdo is a fully homegrown fashion brand, which sources (raw materials), dyes, designs, prints, manufactures, and distributes all its apparel in-house.
22247. Looking for a home loan? This startup is ensuring hassle-free loans with its automated platform
- Gurugram-based Basic Home Loan is working to digitise home loans and increase affordable loan penetration for middle and low-income households.
- Basic Home Loan was founded by Atul Monga, Kalyan Josyula, and Pranav Khattar in 2020 to make home loans a faster and stress free process. The startup is working to digitise home loans and increase affordable loan penetration for middle and low-income households.
- The Basic Home Loan platform focuses on affordable housing loans, which is currently the government's priority under PMAY and “Housing for All” schemes.
22248. MP: जर्मन कंपनियाँ मध्यप्रदेश में करेगी 408 करोड़ का निवेश
- उद्योगपतियों ने प्रदेश की उद्योग संवर्धन नीति की सराहना करते हुए प्रदेश में निवेश के प्रति रूचि दिखाई तथा कहा कि वे प्रदेश में उद्योग स्थापित करेंगे।
- बैठक में मेसर्स हैटिच इंडिया कंपनी ने औद्योगिक क्षेत्र पीथमपुर में लगभग 280 करोड़ के स्थायी पूंजी निवेश से फर्नीचर फिटिंग निर्माण प्रोजेक्ट का प्रस्ताव दिया,
- जेड.एफ. स्टेयरिंग गेयर इंडिया लिमिटेड ने भी औद्योगिक क्षेत्र पीथमपुर में ही लगभग 128 करोड़ रूपये के स्थायी पूंजी निवेश से ऑटो कंपनी निर्माण इकाई की स्थापना का प्रस्ताव दिया। इन दोनों प्रोजेक्टस् से प्रदेश के लगभग 750 लोगों को प्रत्यक्ष रोजगार उपलब्ध होगा।
22249. Neobanking startup Walrus aims to help the ‘Instagram generation’ learn financial management
- Bengaluru-based neobanking startup Walrus is driving financial inclusion for young adults in India — a section of the population largely ignored by institutional banks — by providing digital services.
- Going beyond savings and online transactions, Walrus aims to educate users about the world of financial services, including investment instruments and loans. The next set of features it is developing will include investment and smart savings features.
- 3) Downloadable only via the Playstore currently, the app requires digital KYC completion to register new users. Users and their parents can transfer funds to their new Walrus account via netbanking, debit card, or UPI.
22250. कोरोना महामारी के बीच छह महीने में आया तीन लाख करोड़ का एफडीआई
- कोरोना महामारी के बीच देश में छह महीने के दौरान 40 अरब डॉलर (करीब 2.95 लाख करोड़ रुपये) का प्रत्यक्ष विदेशी निवेश (एफडीआई) आया है, जो 13 फीसदी ज्यादा है।
- वाणिज्य एवं उद्योग मंत्री पीयूष गोयल ने मंगलवार को कहा कि इस साल के पहले नौ महीने में महामारी के बावजूद विदेशी निवेशकों को आकर्षित करने वाले नीति
- साल के पहले नौ महीने में महामारी के बावजूद विदेशी निवेशकों को आकर्षित करने वाले नीतियों के कारण देश में एफडीआई लगातार बढ़ा है। अप्रैल-सितंबर, 2020 के दौरान इसमें 13 फीसदी की तेजी आई है।
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