Tag Archives: entrepreneurship

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Mumbai Billionaire’s Train Commute Goes Viral

Mumbai Billionaire Takes Local Train to Beat Traffic, Goes Viral

Mumbai: In a rare sight, billionaire businessman Niranjan Hiranandani, the co-founder and managing director of Hiranandani Group, a real estate giant, ditched his luxury car and hopped on a local train to reach his destination in time, avoiding the city’s notorious traffic jams.

Hiranandani, who has a net worth of $1.5 billion as of December 2023, shared a video of his train journey from Mumbai to Ulhasnagar on Instagram, where it quickly garnered millions of views and comments. He captioned the video as “Saving Time and beating Traffic with the City’s Lifeline a journey from Mumbai to Ulhasnagar in an AC coach was an insightful personal experience.”

The video shows the 73-year-old entrepreneur waiting at the platform with other commuters, boarding an air-conditioned coach, and interacting with fellow passengers during the 30-minute ride. He also added a piece of trending background music from the Ranbir Kapoor-starrer Animal Movie to the video, adding to its appeal.

Hiranandani’s decision to take the local train was strategic, as he had to attend an event at CHM College in Ulhasnagar, which would have taken hours by road. By choosing the train, he not only saved time but also got a chance to experience the city’s lifeline, which carries over 7.5 million passengers daily.

Many netizens praised Hiranandani for his humble and down-to-earth gesture, while some joked about his wealth and lifestyle. Some celebrities and social media influencers also commented on his post, expressing their surprise and admiration.

Hiranandani is one of the most prominent and influential businessmen in India, who has built several iconic residential and commercial projects across the country. He is also the president of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) and the co-chairman of the UK-India Business Council (UKIBC).

World

Trump Kicks Off Sneaker Line After $355M Fine

Trump Unveils “Never Surrender” Sneakers After $355 Million Fraud Penalty

Former President Donald Trump launched a new sneaker line, “Trump Sneakers,” just one day after being hit with a hefty $355 million fine in a civil fraud case. The unveiling took place at Sneaker Con in Philadelphia, where Trump presented a pair of gold “NEVER SURRENDER HIGH-TOP SNEAKERS” priced at $399.

This move has raised eyebrows, considering the timing and the context of the legal troubles surrounding Trump. Some see it as a brazen attempt to capitalize on his name and image, while others view it as a calculated business decision.

Here are the key details:

Limited Edition Launch: The gold “NEVER SURRENDER” sneakers sold out quickly, with only 1,000 pairs available initially.
More Affordable Options: Two other sneaker designs featuring “T” and “45” are available for $199 each.
Beyond Sneakers: Cologne and perfume are also part of the Trump-branded merchandise, priced at $99 each.
Licensing Agreement: While Trump lends his name and image to the brand, the actual design, manufacturing, and distribution are handled by 45Footwear, LLC under a license agreement.

The launch has sparked mixed reactions:

Supporters: Some appreciate the entrepreneurial spirit and see it as a successful branding move.
Critics: Others find the timing insensitive and question the ethics of launching a luxury brand after a hefty fraud penalty.

With the 2024 presidential election looming, this latest venture adds another layer to the complex and controversial figure of Donald Trump. Whether “Trump Sneakers” will be a commercial success or further fuel criticism remains to be seen.

Source.

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Android 15: Google & Samsung Join Forces?

 

Business

Orbo AI: Rs 1 Cr Deal with Vineeta Singh

Orbo AI Strikes Rs 1 Crore Deal on Shark Tank India 3 with Vineeta Singh: Transforming Cosmetics Industry with Cutting-Edge Tech

In the latest episode of “Shark Tank India” season 3, a company called Orbo, which uses fancy tech like artificial intelligence and augmented reality, scored a big deal worth Rs 1 crore with Vineeta Singh.

Orbo is all about changing how we shop for cosmetics by using cool tech stuff. With their Beauty AI, you can try on makeup virtually without leaving your home.

Orbo’s team, including Manoj Shinde, Danish Jamil, and Abhit Sinha, went on the show to get expert advice and funding to make their idea even better. They asked the “sharks” for Rs 1 crore in exchange for a tiny bit of their company.

Started in 2019, Orbo has been shaking up the cosmetics industry with their high-tech solutions. They offer things like virtual makeup try-ons, skin analysis, and even help you find the right foundation shade.

During the show, Vineeta Singh, who runs Sugar Cosmetics, was impressed by Orbo’s tech and decided to invest Rs 1 crore in exchange for a small part of the company.

Manoj Shinde, Orbo’s CEO, said being on “Shark Tank India 3″ was a huge opportunity for them. It’s not just about getting money; it’s about showing how AI can make people feel more beautiful.

The show “Shark Tank India 3” airs on Sony LIV, where entrepreneurs pitch their ideas to potential investors.

Source.

Newsbeat

T-Hub Celebrates 8 Years of Empowering Startups

Telangana’s T-Hub Celebrates 8th Foundation Day with Innovation and Strategic Collaborations

T-Hub’s Commitment to Fostering Entrepreneurship

T-Hub, India’s leading startup incubator, marked its 8th Foundation Day with a grand celebration themed “Infinite Innovation.” The event highlighted T-Hub’s unwavering dedication to shaping the future of entrepreneurship in India.

Key Achievements over Eight Years

Over the past eight years, T-Hub has made significant contributions to the Indian startup ecosystem:
$3.5 Billion in Investments: T-Hub has facilitated a total investment of $3.5 billion in the startups it has nurtured.

600+ Corporate Partnerships: T-Hub has forged 600+ corporate partnerships to fuel innovation and provide startups with valuable support.

500 Mentor Connections: T-Hub has facilitated 500 mentor connections, ensuring that startups have access to experienced guidance.

3,000 Startups Engaged: T-Hub has engaged over 3,000 startups, providing them with a platform for growth and development.

Partnerships for Growth and Expansion

T-Hub announced strategic partnerships with CARE, Carrier Global, SIDBI, FalconX, KPMG, and the Association of Geospatial Industries (AGI) to further enhance its support for startups.

Introducing T-Bridge and T-Scale

T-Hub unveiled two flagship initiatives during the event:

T-Bridge: The International Wing of T-Bridge aims to facilitate global market access for startups, connecting them with international opportunities and fostering cross-border collaborations.

T-Scale: In collaboration with Factoryal, T-Scale introduces a pioneering growth maturity model to guide 25 qualifying startups through a 12-month journey to achieve Series-A readiness.

T-Hub’s Enduring Impact

T-Hub’s 8th Foundation Day marked a remarkable milestone in its journey to nurture and empower Indian startups. With its unwavering commitment to innovation, strategic collaborations, and international expansion, T-Hub is poised to play an even more pivotal role in shaping the future of entrepreneurship in India.

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Instagram Unlocks New Creator Tools

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Hyderabad Real Estate Market Booms in October 2023

Hyderabad Real Estate Market Booms in October 2023
Newsbeat

WE-Hub: Mentoring Female Entrepreneurs to Success

Hyderabad, India: WE-Hub, India’s premier government-led incubator designed exclusively for female entrepreneurs, has made significant strides in nurturing entrepreneurship among women over the past five years. WE-Hub has incubated over 3,180 women-owned startups, which have collectively raised Rs 170 crore in funding.

While WE-Hub does not directly fund startups, it plays a crucial role in connecting women-led startups with the financing they require. WE-Hub also provides tailored mentorship and training programmes, as well as access to co-working spaces, partnerships, and other resources.

WE-Hub understands that not all women entrepreneurs have access to substantial financial resources, and takes proactive steps to provide and facilitate funding programmes customised for early-stage startups. These programmes encompass grants, micro-loans, and seed funding.

WE-Hub encourages aspiring women entrepreneurs to embrace the principles of Ideate, Implement, and Inspire. Women can seek support from WE-Hub, be resilient, stay informed, and use their journey to inspire others.

“We invite women entrepreneurs to join us in transforming communities and societies, By supporting and facilitating you, we contribute to job creation, economic growth, and a more diverse, inclusive, and equitable workforce. We don’t just incubate businesses, we incubate dreams, aspirations, and a brighter future for all,” says Deepthi Ravula, CEO of WE Hub.

Key Takeaways

  • WE-Hub is India’s premier government-led incubator designed exclusively for female entrepreneurs.
  • WE-Hub has incubated over 3,180 women-owned startups, which have collectively raised Rs 170 crore in funding.
  • WE-Hub plays a crucial role in connecting women-led startups with the financing they require.
  • WE-Hub also provides tailored mentorship and training programmes, as well as access to co-working spaces, partnerships, and other resources.
  • WE-Hub encourages aspiring women entrepreneurs to embrace the principles of Ideate, Implement, and Inspire.

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