Srikanth Sethumadhavan

Mass products or limited-quality product?🤔 That’s the question Saumya Kabra founder of Confetti Gifts , posed to Mohit Yadav (founder Minimalist ) during our Elevate Cohort 1. Want to learn from the best D2C founders? Fill out the form in comments to join us for Cohort 2. Take your business to the next level! 💼✨ #letsElevate #D2CInsider

7

🚨Swiggy IPO gets oversubscribed led by QIB bids Swiggy’s IPO was oversubscribed 1.07 times by the third day, driven largely by QIBs, who oversubscribed their portion 1.52 times. Retail investors subscribed to 97% of their portion, while Non-Institutional Investors (NIIs) made bids for 22% of their allocation. Swiggy's employee quota also saw strong demand, with a subscription rate of 1.38 times. Swiggy raised around Rs 5,085 crore (approx. $605 million) from anchor investors like HDFC, ICICI, SBI, and global players including Fidelity and BlackRock. by Akshita Toshniwal | #SwiggyIPO #IPO #QIB #RetailInvestors #Foodtech Read more 👇 https://lnkd.in/ggm_piMt

367

1 Comment

BizDateUp has taken part in Swiggy's pre-IPO round via an off-market secondary deal, attracting attention from multiple high-profile investors.   BizDateUp, known for supporting startups, saw considerable growth in FY 2023-24, having funded over 25 startups and raised a $10 million fund. With an average return of 3.5X, the company continues to expand its influence in the startup ecosystem. This move aligns with their focus on high-potential sectors like food delivery, which is evolving with tech innovations. #BizDateUp #Swiggy #Investment #FoodDelivery #StartupEcosystem #TechInnovation #IndianStartups #PreIPO #Startup77

So, I was recently scrolling through a bunch of fintech apps on the Play Store, and guess what? Almost all of them were offering an "Invest in FD" option. It got me curious—why are all these digital-first apps pushing FDs? After a bit of digging, I realized it’s actually a pretty smart move! Offering something as reliable as an FD (Fixed Deposit) helps fintechs bridge the trust gap. FDs are familiar, they feel “safe,” and they give users a chance to test the waters with digital finance without diving headfirst. For a lot of people, starting with an FD makes them feel more comfortable about trying out the app's other features too. For fintech apps, it's a win on multiple fronts: 1. They bring in a broader audience, including those who might be hesitant about digital platforms. 2. They keep users coming back to check their deposits, which means more engagement. 3. And it provides them with a stable funding base, which supports their growth and future innovations. So, next time you see an FD option in a fintech app, you’ll know—it’s more than just an investment option; it’s a trust-building strategy. Would seeing FDs in a fintech app make you feel more comfortable trying it out? 🤔 moneycontrol.com Stable Money ET Money MoMoney #Fintech #DigitalBanking #Investment #FixedDeposit

18

1 Comment

💰 Surat-based IVY Growth Associates launches a ₹250 Cr VC fund, Arigato Capital aimed at investing in pre-Series A startups. 🤖 The fund, led by Prateek Toshniwal and team, targets sectors like agritech, cleantech, and generative AI, with an average investment size of $500,000. 🌍 Special focus on building global connections in the Middle East, US, and Europe. First close at ₹100 Cr expected by mid-2025. 🔗 Read more on the link in our comments section 👇

325

5 Comments

Gm everyone. We are hiring. This time for Ecosystem growth superstars, someone to work with Abhinav Singh ➡️📍ETHDenver at DappLooker legends to build the ecosystem, junior or senior alike! Ping TG: reach_abhinav Required: - Have a good connection in the Indian web3 ecosystem. - Good with design and content creation. - Super accountable. Don’t let things slide. - Hungry. Make things work and solve whatever problems that come in your way Good to have: - Technical knowledge of web3. Though we can get you ramped up - Strategic thinking. Though we can show you the way - completely remote

33

2 Comments

Has Swiggy applied Fitts’s & Hick’s Law in their recent Search & Bottom navigation bar design? Check out the Swiggy Search behaviour in the video 👇 Key Observations: 1. Search Navigation Update: Users need to select the product ( Food, Instamart or Dineout ) and then type the item they wish to search. ✚ This change suggests that Swiggy is focusing on improving the searchability of items and restaurants, making it easier for users to find what they are looking for quickly. 🛑 However, it does add friction in the search behaviour because the user has to always select a product and then continue their search. 2. Bottom Navigation Update: Users can enter into their respective categories and go back to the home section through back button available on the bottom navigation. ✚ Swiggy seems to have streamlined the bottom navigation, probably to simplify access to frequently used features such as home, search, offers, cart, and account. Now users can go to home with ✚ A more prominent bottom navigation bar reduces the cognitive load on users, ensuring that essential functions are just a tap away. Why Swiggy made these changes ? 1. Fitts’s Law: Swiggy seems to be applying Fitts's Law by placing the most important actions (search, cart, etc.) within easy reach on the bottom navigation bar, which is ergonomically easier for users on mobile devices. This reduces the time and effort needed to access core features. 2. Hick’s Law : The updated navigation design reduces clutter and organizes options into a minimalistic interface. According to Hick’s Law, the fewer choices a user is presented with, the faster they can make a decision. This update seems to support that principle by offering only the most critical features upfront. What are your thoughts on this approach? Will Swiggy’s UI improve user experience ? #ProductDesign #UXDesign #UIUX #UserExperience #Search #ProductManagement

54

Highperformr.ai, a marketing SaaS startup floated by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, has raised $3.5 Mn (INR 29.2 Cr) in a seed funding round 👇 The startup’s first product, Highperformr for Teams, leverages generative AI and LLMs to help B2B businesses maximise their return on investment (ROI) on social media campaigns. The fresh capital will be deployed to further the startup's research and development activity, build the platform's native AI capabilities, and expand its distribution network. To read more in detail, click here: https://lnkd.in/gV8tqWyU #startups #fundraising #growth #saas

424

18 Comments

To Make Money, We are jumping into the Creator Economy!! 😎 We will be launching soon our very first brand under the banner of Kreatorswing. We have already signed a couple of creators with whom we will build a D2C brand 1 by 1. More than 40M creators across the Globe have the potential to grow their income by 8-10X by building any D2C brand. Creators have a community to whom they can sell and they also have creativity that will give them an extra edge in the marketing. But..But, More than 98% of them are not good at building teams, handling operations, managing finances, distributors and many more things which happen in the backend. Here, Kreatorswing comes into play. We at KreatorSwing are solving these problems for our lovely Creators who dream about launching their brand. (Aur Unke Brands bnane ke liye Paisa bhi hum hi dalenge) Creator's Face, Our Money. We are also backed by one of the best Micro VCs in the world. If any Creators or Talent Agencies want to connect with us to know more about it, you can directly slide into my DM or can email me at [email protected]. Sameer Kumar, Rishav Ranjan, Sivesh Kumar, Jayesh Gangan, Ramneek Singh, Ashneer Grover, Ishita Khanna, Radhika Nomllers, Dharma Cornerstone Agency, Tuhin Mishra, Baseline Ventures, Sequoia Capital, Peak XV Partners, Peyush Bansal, Info Edge Ventures #Creatoreconomy #D2C #Startup #Creators #Brand #Funding

24

2 Comments

🚀 Funding News: Zintlr Raises ₹7.5 Crore in Seed Round! 🚀 Zintlr, a B2B SaaS platform specializing in sales intelligence and prospecting, has secured ₹7.5 crore in its seed round led by Om Jain, with participation from JITO INCUBATION & INNOVATION FOUNDATION (JIIF), Motilal Oswal Financial Services Ltd, and others. 🌟 About Zintlr: # Founded: 2022 by Ravi Jain, Ujwal K., and Pranay Khariwal. # Focus: Using AI-powered buyer intelligence to help large corporates and MNCs shorten sales cycles, increase conversions, and identify their total addressable market (TAM). 💼 Growth Plans: Zintlr will use the funds to scale its team, expand its market presence, and build new product verticals focused on sales intelligence. The platform provides in-depth personality insights to help clients anticipate objections, tailor pitches, and build stronger relationships with prospects. At Aspirants Space ( https://lnkd.in/gYkc-Ni8 ), we are excited to support Zintlr’s journey in transforming the sales intelligence landscape. Tag someone passionate about SaaS or sales tech to join this innovative company! Read More : https://lnkd.in/e56gAm2x #AspirantsNews #Zintlr #Funding #SalesIntelligence #SaaS #SeedRound #TechTalent #Growth

32

1 Comment

BusinessNews of August 2024 Studios: 1.)OYO Acquires Checkmyguest for Rs 230 Crore 🎉 OYO, India's hospitality giant, has made a strategic move by acquiring Paris-based premium rental homes company Checkmyguest for Rs 230 crore. This deal will strengthen OYO's presence in the European market and expand its offerings in the premium rental homes segment. OYO & Checkmyguest #2024 2.)DEAL CONFIRMED— 🚨 Zomato will acquire Paytm's entertainment business - for $244 mn in cash Paytm said that this business had scale of Rs 297 crore in revenue and Rs 29 crore in Adjusted EBITDA in FY24. The company added that it acquired two units - Insider and Ticketnew for Rs 268 crore between 2017 and 2018. Zomato’s event booking and dining-out units are classified together as the going-out business, which is currently small. Everything you need to know:

6

Edtech Unicorn PW (PhysicsWallah) Raises $210 Million in Series B Funding Edtech platform PW (PhysicsWallah) (PW) has successfully closed its Series B funding round, securing $210 million through a mix of primary and secondary transactions. This round was led by Hornbill Capital, with contributions from Lightspeed Venture Partners, GSV Ventures, and WestBridge Capital. Following this investment, PW's post-money valuation has soared to $2.8 billion, representing a remarkable 2.5X increase from its previous valuation of $1.1 billion. Founded in 2016 by Alakh Pandey (PhysicsWallah), PhysicsWallah is dedicated to providing affordable and quality education for students preparing for competitive exams. The platform is recognized for its innovative blend of online and offline learning, and it is focused on enhancing accessibility through a network of localized education centers across India. With this new funding, PW aims to further expand its reach and impact in the edtech sector, continuing its mission to democratize education. #edtech #unicorn #funding #investment #alakhpandey #physicswallah #seriesB #education #onlinelearning #affordableeducation #competitiveexams #startups #edtechnews #learning #innovation #technology #accessibility #india #startupfunding #growth #venturecapital #educationforall #edtechstartup #localization #onlineeducation #fintech #scalability #learningplatform #futureofeducation #studentcentred #educationtechnology #digitallearning #impactinvesting

5

Venture capitalists and BizDateUp co-founders Jeet Chandan and Meet Jain have acquired an undisclosed stake in IPO-bound foodtech giant Swiggy through an off-market secondary deal. Founded in 2020, BizDateUp allows angel investors to invest in Indian startups with a minimum of INR 1 lakh and recently launched a INR 200 crore fund for technology investments. The firm raised over $10 million from more than 1,000 angel investors in FY24. This move comes as several celebrities, including cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, director Karan Johar, and actor Ashish Chowdhry, have also invested in Swiggy ahead of its IPO. Notably, Amitabh Bachchan and Madhuri Dixit have previously acquired stakes in the company. Read full story here: https://lnkd.in/gM8sEWSZ #foodtech #startups #ipo #swiggy #foodindustry #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

9

1 Comment

Jiffy Daily... your go-to newsletter for daily news bytes from the World of Startups! Pneucons Vanta Devnagri AI Faad Network CRED Acko OneCare Gupshup Captain Fresh Yubi MediaMint Sequoia Capital Inflection Point Ventures #startupnews #startuphiring #saas #startupnews #funding #startupfunding #dailynews #newsinajiffy #YourTribe #startupnews #startuphiring #saas

11

Product Team at Zomato is on Steroids 🤷 In last few weeks, Zomato has been shipping products like crazy as almost every week we see a new feature coming out This is unbelievable for a company of such a big size as it tells about how agile are they in their Product Management 🙌 Most of the features are fresh and new while some of them are taken from existing products 🤔 How many of these features have you used as of now? Let us know in the comments Follow HelloPM for all things Product Management 📈 #zomato #productmanager #productmanagement

306

5 Comments

BizDateUp! Co-founders Jeet Chandan and Meet Jain have acquired an undisclosed stake in IPO-bound foodtech giant Swiggy through an "off-market" secondary deal. This investment showcases the growing confidence in Swiggy's innovative approach in the food delivery sector. Jeet Chandan shared, "As an entrepreneur since the age of 13, I have always been driven by a passion for creating businesses that showcase disruptive potential and significantly impact consumers' lives. Swiggy's innovative approach and leadership in the food delivery sector align perfectly with my investment philosophy." Founded in 2020, BizDateUp enables angel investors to support Indian startups with investments starting at just INR 1 Lakh. In April 2024, BizDateUp also announced the launch of a new INR 200 Cr fund aimed at investing in technology startups. Read more at: https://lnkd.in/gqf8ekp2 #bizdateup #swiggy #angelinvesting #foodtech #startupfunding #investment #techstartups #startupstory

3

Why Do Zepto and Swiggy Skip Google/Apple Logins While Zomato Dives Right In? Have you ever noticed how Zomato lets you sign in with Google or Apple, but Zepto and Swiggy stick to just phone numbers? This isn’t just a fluke—it’s a masterstroke of UX design that reveals their playbook! Here’s the meat and potatoes of why this happens: —  Speed is the Name of the Game Zepto and Swiggy live by the mantra, time is money. Their goal? Get you in and out faster than you can say "extra chutney." By sticking to phone numbers, they cut out the clutter and create a one-and-done experience. No multiple options, no analysis paralysis—just seamless access. —  Retention at Its Core With a phone number login, Zepto and Swiggy get a direct hotline to your pocket. SMS updates, promotional offers, or even a gentle nudge to reorder that biryani—they don’t have to depend on middlemen like Google or Apple to stay in touch. —  Different Horses for Different Courses Zomato wears many hats—it’s not just about food delivery but also reviews, dining out, and—it’s selling experiences. That broader ecosystem thrives on social logins, where richer user profiles help tailor the entire journey. Zepto and Swiggy, however, keep their eyes on the prize: getting food and groceries to you ASAP. Their motto? The more data, the merrier! —  Simplicity vs. Shiny Features Sure, Google and Apple logins are handy, but they come with baggage: extra development, compliance headaches, and third-party dependencies. For apps laser-focused on getting the job done, it’s a trade-off they’re willing to skip—at least for now. This is the magic of UX: every click (or lack thereof) has a purpose. So, what’s your take? Are social logins a must-have or just icing on the cake? Let’s chew on this together! 🍴 #UXDesign #UserExperience #DesignDecisions #UserExperienceDesign

8

Jumpstart your dApp development on Solana! 🌟 Our 'Building dApps on Solana: A Step-by-Step Handbook' has all the insights you need! https://lnkd.in/gF7s2dcY #solana #crypto #cryptocurrency #nft #blockchain #cryptonews #cryptotrading #sol #polkadot #ada #dapps #bitcoin #ethereum #decentralized #cryptocurrencies #smartcontracts #defi #eth #btc #mainnet #wallet #dapp 

2

Bengaluru-based wealthtech startup Infinyte[dot]Club has raised $3.6 million in a seed funding round led by Elevation Capital. Notable angel investors participated in the round, including Kunal Shah (Founder of CRED), Vidit Aatrey (Co-founder of Meesho), Gaurav Munjal (CEO of Unacademy), Sanket Shah (CEO of InVideo), Varun Dua (Founder of ACKO), and Harshil Mathur (Co-founder of Razorpay). Read the full story here: 👇 https://lnkd.in/ejispesZ #wealthtech #funding #bengaluru #investors #startup #investments #employees #indianstartupnews

675

23 Comments