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Digital identity creator for frequent shoppers Flash has raised $6.7 million in a pre-Series A investment round led by Blume Ventures and existing investor PeerCapital. The round also saw participation from other existing backers including White Venture Capital and Emphasis Ventures.
The fresh proceeds have come 10 months after its seed round which saw participation of a clutch of prolific angels.
On Monday, Entrackr reached out to Flash and Blume regarding the fundraise. However, they did not comment on our specific queries.
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SNBL or BNPL? That is the question!
For long, Buy Now Pay Later or BNPL has been a popular model for making purchases with consumers using the easily available option to buy stuff ranging from appliances to gadgets to practically everything.
But now a disruption seems to be happening in the segment and a bunch of start-ups – the most common category of disruptors – are taking the BNPL model head-on by offering a Save Now Buy Later…
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#Blume Ventures#bnpl#BNPL explained#Buy Now Pay Later#CRED#Hubble#IIFL Finance#Kunal Shah#Multipl#Save Now Buy Later#Sequoia Capital#SNBL#SNBL explained#SNBL vs BNPL#Sriharsha Majety#swiggy#Tortoise
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Media-tech soars high as the sector records 212.9% rise in funding to $2.1 billion in 2021
Media-tech soars high as the sector records 212.9% rise in funding to $2.1 billion in 2021
As gaming, short-form video apps and digital video platforms clock a rise in both userbase as well as time spent, the media technology (media-tech) space gets renewed interest from investors. Funding in the media-tech sector recorded a 212.9% rise to $2.1 billion in CY2021 as compared to $671.1 million in CY2020, according to data provided by Tracxn Technologies. The sector has raised a total of…
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#100X.VC#3one4#9Unicorns#Accel#Anirudh Pandita#Billion#Blend#BlueLearn#Bluepad#Blume Ventures#capital#Chingari#Chingari App#CreatorStack#Deepak Salvi#digital audio apps#digital short video news provider apps#Ekank Technologies#Flam#FrontPage#Funding#game streaming apps#Hashnode#Healofy#high#Hoopr#indian media and entertainment#IPV#Kalaari Capital#Koo App
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Little Book Review: YA/Children's Literature Round-Up (May-December 2022)
Dear Mr. Henshaw by Beverly Cleary (1983): Leigh Botts keeps up a years-long correspondence with children's author Mr. Henshaw, which becomes an important outlet after his parents divorce and he has to move to a new town with his mother. This is the book that won Beverly Cleary the Newberry Award, and frankly it's like when Leonardo DiCaprio won Best Actor for The Revenant instead of The Wolf of Wall Street. Cleary was a legend, but she excelled most at lower-stakes childhood (and sometimes adolescent) drama, like being bad at cursive, not owning enough cashmere sweaters, or (at worst) worrying because your father lost his job. This is still a sweet, sensitive problem novel, yet I feel like Judy Blume or Betsy Byars would've pushed it to the next level.
The Snow Angel by Suzanne Weyn (1996): In the eighth volume of a middle-grade series about four girls who are friends with angels, rich girl Molly is devastated when her boyfriend dumps her for hippie-dippy Christina. She distances herself from her loved ones, almost relapses in her recovery from anorexia, and ignores the gigantic snow-angel-turned-tourist-trap on her other friend Ashley's horse farm. Luckily, her dad just brought a catatonic Irish boy into their house! Can Molly help herself by helping him? I bought this book for a dime because it looked completely ridiculous, and it delivered on that front. I really didn't like any of the girls except for Molly, and with her it was mostly just the sympathy I'd have for any troubled teenager.
The Five Little Peppers and How They Grew by Margaret Sidney (1881): In a small New England town, widowed Mrs. Pepper and her five kids (Ben, Polly, Joel, Davie, and Phronsie) must work hard to keep their spirits up in the face of grinding poverty, measles, and monkey-related shenanigans. I made several gos at reading this book as a child, but always lost steam after the Peppers made friends with the wealthy King family. Little Emily was right on the money, because this classic is just not very good, especially after the rich folks start helping out. It's beyond treacly and only a few of the episodic chapters have a good amount of tension. Polly's almost-going-blind-from-measles-and-eldest-daughter-syndrome arc is still great, though.
Afternoon of the Elves by Janet Taylor Lisle (1989): Sheltered fourth-grader Hillary forms an unlikely friendship with her neighbor, outcast sixth-grader Sara-Kate, after the older girl claims to have elves in her backyard. I had to read this book for school in fourth grade and I did not like it. I felt like it was trying to lure me in with something fun (magic, miniatures), only to never deliver and hit me with the actual sad topic (poverty and mental illness of a parent) instead. I stand by my elementary-school opinion. The good version of this novel is Daphne's Book by Mary Downing Hahn (if you want to read about an average girl befriending the class outcast before losing her to Social Services) or Lucie Babbidge's House by Sylvia Cassedy (if you want to read about a troubled girl getting lost in the arguably magical miniatures sauce).
Ten Cents a Dance by Christine Fletcher (2008): Working at a meatpacking plant to support her arthritic widowed mother and little sister in early-1940s Chicago, pretty, scrappy teenager Ruby Jelinski takes a chance and becomes a dime-a-dance girl at the recommendation of a handsome neighborhood hoodlum. I read this book at some point in high school and vaguely remembered liking it, but this time I was blown away. Fletcher packs a mind-bogging amount of character development and historical detail into a fast-paced story that ventures into some unexpected territory. It's maybe one of the best historical novels I've ever read.
Mitch and Amy by Beverly Cleary (1967): Nine-year-old twins Mitch and Amy don't always get along, but, if an outsider messes with one of them, he better be prepared for double trouble. Class bully Alan Hibbler learns this to his sorrow. This is the kind of cute slice-of-life story that was right in Cleary's wheelhouse, although it's not her most memorable. There are lots of sweet moments between the twins; for example, Amy gets Mitch an exciting book from the library when he's sick because she senses it'll help him with his reading struggles, and Mitch goes to bat for her when the dreaded Alan spits in her hair. I do think it would've been ideal if Mitch had also done something to help Amy with multiplication, for the symmetry. Also, I can't believe I missed the beginning-of-the-late-1960s California setting. These are some Joan Didion babies.
Cleopatra: Daughter of the Nile by Kristiana Gregory (1999): Her older sister wants to kill her, her father is a severe alcoholic, and she's stuck living in Rome with a bunch of gross old men who don't take her seriously, but teenage Cleopatra doesn't let that keep her from learning and adapting. This is one of the Royal Diaries I didn't read as a kid, and I really enjoyed the characterization of Cleopatra, who's resilient, clever, curious, and conflicted about her thorny family relationships.
(The Snow Angel, The Five Little Peppers and How They Grew, and Cleopatra: Daughter of the Nile were all first-time reads; the rest were rereads.)
#little book review#dear mr. henshawe#mitch and amy#beverly cleary#the snow angel#suzanne weyn#the five little peppers and how they grew#margaret sidney#afternoon of the elves#janet taylor lisle#ten cents a dance#christine fletcher#cleopatra: daughter of the nile#kristiana gregory#eating disorder mention tw
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Battery Smart secures $45 million in funding to expedite the expansion of its battery-swapping network.
Battery Smart, a rising star in the battery technology sector, secures $45 million in fresh funding, attracting notable investors like Acacia Inclusion Limited, MUFG Bank, Blume Ventures, The Ecosystem Integrity Fund, and British International Investment.
This funding round catapults Battery Smart's valuation to $341 million, a remarkable 62.5% surge from its previous valuation of $210 million just last November. Tiger Global, Orios Venture Partners, Shimshon Finance, and Baring Private Equity are among its prior investors.
The funding, which is part of an ongoing round, may further adjust the company's valuation. These new funds will predominantly fuel Battery Smart's expansion of its battery-swapping services, particularly tailored for electric two- and three-wheelers.
Founded in 2019 by Pulkit Khurana and Siddharth Sikka, Battery Smart has emerged as a key player in the EV sector with its battery-as-a-service (BaaS) solution, offering cost-effective alternatives to customers.
With a network of 1,000 swapping stations across 30 cities and over 35 million battery swaps completed, Battery Smart aims to expand its presence from Haryana, NCR, Karnataka, Rajasthan, Telangana, Uttar Pradesh, and Maharashtra to include new urban centers like Mumbai, Bengaluru, Pune, and Kolkata.
Despite competition from industry heavyweights like Sun Mobility, Bounce Infinity, Lithium Power, Lohum, Chargeup, and RACEnergy, Battery Smart continues to innovate and lead in the battery-swapping space.
Blog Resources:- https://www.ceovine.com/battery-smart-raises-45-million-to-accelerate-battery-swapping-expansion/
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Maritime software company in Greece raises $16M to streamline port call cost management
Harbor Lab, a maritime software company, is upgrading old-fashioned accounting practices in the $14 trillion shipping industry. They just got $16 million in Series A funding, led by European VC Atomico. Other investors include Notion Capital, Venture Friends, SpeedInvest, The Dock, Endeavor Catalyst and maritime VC TMV. Ben Blume from Atomico will join the board. This funding round follows a…
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Interview Kickstart, a profitable startup helping tech professionals acquire career-advancing skills, has raised $10 million in its maiden funding from Blume Ventures, the companies said on Monday. The San Francisco-based startup, founded in 2014, assists engineers learn from employees of top tech companies or their alumni. Though always profitable, 2023 was pivotal for Interview Kickstart […] © 2024 TechCrunch. All rights reserved. For personal use only.
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LEADING ED-TECH STARTUPS IN INDIA
Technology has truly revolutionized the education industry. There are many edtech companies in India that have marked their presence by providing high-quality education based on extensive technology and made India- the second largest Edutech industry.
In this article, we are going to talk about some of the leading ed-tech startups in India.
So let’s start.
Byju’s is an Indian educational technology (ed-tech) company also included in the list of top unicorns with a valuation of US$ 8 billion. The Byju’s was founded in the year 2011 by ByjuRaveendran and Divya Gokulnath. Byju’s is an online tutoring firm that works on the freemium model. The headquarters of the firm is situated in Bengaluru, Karnataka. It provides online courses for various types of competitive exams and courses for grades 6th to 12th. BYJU’s learning app is available on Andriod and iOSplatform also.
Unacademy is one of the famous and leading Indian Education technology (ed-tech) company. It was founded as a Youtube channel in the year 2015. The founders of the Unacademy are Gaurav Munjal, Roman Saini, and Hemesh Singh. The headquarters of the startup is in Bangalore. Some of the key investors in this Ed-tech company are Blume ventures, Nexus venture, and Facebook, etc. It offers various online courses and preparation material for competitive exams related to various fields such as CAT, UPSC, Banking, etc.
To read more, Click the link below
https://news.jugaadin.com/leading-ed-tech-startups-in-india/
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Fulfillment is still hot, as GreyOrange raises $135M
Over the last few years, I’ve asked countless people in the robotics space “what comes next after warehouse/fulfillment?” The already popular category got red hot during the pandemic, as online shopping turned from convenience to necessity.
Amazon has been leading the space for more than a decade with in-house systems, while companies like Locus, 6 River Systems and Fetch (now owned by and branded Zebra) have struck partnerships with top retailers. But asking “what’s next” is in no way an indication that fulfillment’s time in the spotlight has ended. In spite of some economy-fueled investment slowdowns, it’s a huge category that’s only getting huger.
Headquartered roughly 20 miles north of Atlanta, in suburban Roswell, Georgia, GreyOrange was founded in 2011 — the year before Amazon’s Kiva deal shook the industry. The firm has landed a number of high-profile customers in the intervening decade-plus, including Walmart Canada, Nike and Swedish fast-fashion retailer H&M
The company hasn’t had much of an issue fundraising, either. GreyOrange announced a $140 million Series C in 2018 and today announced that it has raised a $135 million growth financing Series D. Anthelion Capital led the round, which also featured returning investments from Mithril, 3State Ventures and Blume Ventures.
Over the years, it has been working to build a full-stack solution for warehouse, fulfillment and 3PL needs. That includes Kiva-like AMRs (autonomous mobile robots), forklifts and bin systems for picking, coupled with its own first-party (“hardware-agnostic”) fleet management software.
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How an Online MBA in Finance Paves the Way to Becoming a Renowned Venture Capitalist in India
The Online MBA in Finance: A Stepping Stone:
Pursuing an MBA in finance, especially an Online MBA, is a decisive step toward acquiring the comprehensive knowledge and analytical skills essential for a venture capitalist. The Online MBA offers flexibility, allowing aspirants to balance their education with other professional commitments. The curriculum typically encompasses subjects like financial management, investment strategies, and entrepreneurial management, laying a robust foundation for evaluating startups and making informed investment decisions.
Industries for Venture Capitalists:
Venture capitalists have the opportunity to delve into various industries such as technology, healthcare, e-commerce, and clean energy. Each sector offers a unique set of opportunities and challenges, demanding specialized knowledge and insight. For instance, the technology sector is characterized by rapid innovation and high growth potential, whereas the healthcare industry requires an understanding of medical advancements and regulatory landscapes.
Challenges Associated with Venture Capitalism:
Venture Capitalism is not without its hurdles. The profession demands a keen eye for identifying potential, coupled with the acumen to foresee market trends and risks. Balancing optimism with realism, managing relationships with entrepreneurs, and navigating the unpredictable economic climates are inherent challenges that require resilience, foresight, and strategic thinking.
Top 10 Companies in India Hiring Venture Capitalists:
Sequoia Capital India
Accel Partners India
Blume Ventures
Nexus Venture Partners
Matrix Partners India
SAIF Partners
Kalaari Capital
Lightspeed India Partners
Helion Venture Partners
Bessemer Venture Partners India
Impactful Decision Making in Pursuing Online MBA:
Choosing to pursue an Online MBA in finance is a significant decision that can have lasting impacts on one's career. It is paramount to consider the institution’s reputation, the relevance of the curriculum, and the networking opportunities provided. Weighing these factors diligently ensures that the aspirant gains optimal value, foundational knowledge, and the strategic insight necessary to thrive in the competitive landscape of venture capitalism.
Let ShikshaGurus help you in your Education Journey:
ShikshaGurus assists you in exploring and comparing courses from over 60 online and distance learning universities. They offer free, unbiased consultation sessions with experts to guide you in selecting the ideal educational path. Furthermore, they provide assistance in finding the best university that aligns with your budget.
Conclusion:
The role of a Venture Capitalist is both exhilarating and challenging, blending analytical rigor with visionary thinking. An Online MBA in finance acts as a catalyst, enabling aspirants to develop the multifaceted skills required to identify, evaluate, and invest in startups with high growth potential. By overcoming the inherent challenges and making impactful, informed decisions regarding education and career paths, one can ascend to unparalleled heights in the realm of venture capitalism in India.
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Ultrahuman raises $35 Mn in Series B round
Wearable tech startup Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round from Blume Ventures, Steadview Capital, Nexus Venture Partners, and Alpha Wave.
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"Inside the Web of Deception: Elusive Cons Lure Investors through Fake Website; Authorities Launch Guttural Probe"
A complaint has been filed by Mumbai-based limited liability partnership firm Blume Venture Investment Manager LLP with the Byculla police against unidentified cyber fraudsters. The complaint states that the fraudsters created a fake company website and sent emails to individuals soliciting investments. The finance head of the firm, Mithul Ashok Mehta, reported that the firm reinvests customers’…
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"Inside the Web of Deception: Elusive Cons Lure Investors through Fake Website; Authorities Launch Guttural Probe"
A complaint has been filed by Mumbai-based limited liability partnership firm Blume Venture Investment Manager LLP with the Byculla police against unidentified cyber fraudsters. The complaint states that the fraudsters created a fake company website and sent emails to individuals soliciting investments. The finance head of the firm, Mithul Ashok Mehta, reported that the firm reinvests customers’…
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TSR
Tactical Studies Rules was created as a partnership between Don Kaye and Gary Gygax in 1973 in order to formally publish and sell the original rules of Dungeons & Dragons. Later on the partnership expanded to Dave Arneson and Brian Blume who funded the publishing of Dungeons & Dragons as opposed to relying on the revenue of another project to fund that one. The following year, TSR sold around a thousand copies of Dungeons & Dragons as well as selling dice sets to go along with it. Originally the only distributers that TSR used were for miniatures and not the base game, but that changed between 1975 and 1976 when they joined the Hobby Industry Association and established a network of distributors. In 1975 TSR hired its first full-time employee, publications editor Tim Kask, before the TSR partnership was ended shortly after after Don Kaye died.
Shortly after the partnership dissolved, Gygax and Blume incorporated TSR Hobbies Inc, a new company. In 1976 they began hosting Gen Con (currently the largest table-top games convention in North America) as well as starting Dungeons & Dragons open tournaments. In 1978 the company upgraded from the basement and moved above the Dungeon Hobby Shop.
After meeting Ian Livingstone and Steve Jackson, exclusive rights to distribute TSR products in the UK were granted to Games Workshop by Gygax, both original and new versions of Dungeons and Dragons were printed over there in order to avoid import costs. The company TSR Ltd was formed in 1980 in England after TSR could not reach an agreement with Games Workshop about a possible merger.
In 1980, the FBI arrived at TSR’s offices due to notes they had about a fictional assassination plot pertaining to their first campaign setting for AD&D; The World of Greyhawk. In the same year, in order to promote quality roleplaying, the Role Playing Game Association was formed. The following year, TSR Hobbies was listed as one of the hundred fasted growing privately held companies in the US. TSR Hobbies moved offices again in that same year to a former medical supply building with a warehouse attached that same year and in 1982, TSR Hobbies broke the 20 million mark in sales. The company was split into four in 1983; TSR Inc, TSR International, TSR Ventures and TSR Entertainment Inc.
At some point the presidents of TSR (minus Gygax) were forced to leave the company after accusations arose of them accumulating large debts and misusing corporate funds. The company was forced to layoff roughly 75% of the staff after having to post a net loss of 1.5 million USD. Gygax requested the Board of Directors to remove the previous presidents of the company from the stock as he himself only had 30%. This was met with them selling their stock to Lorraine Williams, which Gygax tried to have declared an illegal sale, but when that failed he sold his remaining stock to Williams and used what he had from that the form New Infinity Productions.
Despite WIlliams being a financial planner and seeing potential in transforming a debt-ridden company into a profitable one, she had a dislike of games and did not view them well, and she implemented an internal policy that games were to not be played at the company. This led to the majority of games released not being play tested unless they were done so behind her back. TSR expanded into other fields under Williams’ direction; those mainly being literary means such as books and magazines. For the next few years, TSR leaned heavily into fiction to the point that their revenue from it far surpassed the games that they published.
When collectable card games arose, TSR tried to do the same and released two games under this means; Dragon Dice and Spellfire. Success came to neither of these and eventually their inventory management became abysmal due to the accumulation of unsellable product. Furthermore, TSR started fighting against fan created work much to the displeasure of the public, resulting in the decrease of their consumer base more than it already had. Products started selling for less than they cost to make and in 1996, TSR and to endure multiple rounds of layoffs after accumulating 30 million USD in debts.
The Vice President of Wizards of the Coast, Ryan Dancey, believe the prior failure of TSR was due to ‘A near total inability to listen to its customers, hear what they were saying, and make changes to make those customers happy’. In 1997, TSR was purchased by Wizards of the Coast and its intellectual properties. Some parts of the company were resell after but after a few years the company’s name stopped being used and their trademarks were allowed to expire. In 1999 Wizards of the Coast itself was purchased by Hasbro Inc.
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Stays Krunchy in Milk Episode 492: The Going Raw of Confections
Tee shares his Record Store Day adventures and how Taylor Swift fans won the day. This leads us to discussing how resellers are really ruining the collecting game. Speaking of collectables, Hasbro called out The Pinkertons on a guy who purchased some collectable cards. We discuss how “Seasoning Police” went from some internet nonsense to just straight up racism. Even though we won’t be reviewing Oreo on air anymore, we certainly have a great deal of experience with them so when an article shows up discussing the top Oreo flavor, team SKiM had to chime in. Ant shares some of his hot takes including him not being a fan of products that scream “all natural”, he also feels Judy Blume was ahead of the game and must be respected after watching the documentary about her. Box continues his health journey and is considering cutting off his hair for good. Tee tires of being the lone person of color at events. We then venture over to your favorite sub-Reddit for some AITA. And of course, we share our entertainment choices from the week with y’all.
Enjoy,
Team SKiM
Alternative Title – Don’t Let Go!
Links
The Wizarding World of Pinkertons
Secret Castle Toys and Games
Seasoning
Oreo
Reddit
u/Throwa676899
AITA for telling my son l was disappointed after he and his wife lied about my grandson's birthdate?
u/vigilante_shit_13
AITA for Refusing to Give my Cousin-in-Law My Taylor Swift Ticket?
u/amitheasshole7943
AITA for not wanting my fiancé to make a birthday cake for his sister because it's my birthday too?
#Cleveland #Ohio #Podkast #LiveFromThe216 #ATribeCalleQuest #BustaRhymes #Scenario #RecordStoreDay #Collectibles #Resellers #Hasbro #WizardsoftheCoast #Pinkertons #SeasoningPolice #Oreo #AllNatural #JudyBlume #Cereal #HotandReady #HealthJourney #FitnessJourney #Reddit #AITA #TedLasso #ResidentEvil4 #SuperMarioBrosMovie #GrandCrew #TMNTTheLastRonin #LibbyApp RedDeadRedemption2 #HowIMetYourFather #AbbotElementary #DemonSlayer #Psych #Accused #Travel #Detroit #SneakerCon #JuanEpisLife
#Cleveland Ohio Podkast LiveFromThe216 ATribeCalleQuest BustaRhymes Scenario RecordStoreDay Collectibles Resellers Hasbro#WizardsoftheCoast Pinkertons SeasoningPolice Oreo AllNatural JudyBlume Cereal HotandReady HealthJourney FitnessJourney Reddit#AITA TedLasso ResidentEvil4 SuperMarioBrosMovie GrandCrew TMNTTheLastRonin LibbyApp RedDeadRedemption2 HowIMetYourFather#AbbotElementary DemonSlayer Psych Accused Travel Detroit SneakerCon JuanEpisLife
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