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Sid’s Farm Raises $10 Million to Expand Operations in Hyderabad and Bengaluru
In a significant move that underscores the growing demand for high-quality dairy products in India, Telangana-based dairy brand Sid’s Farm has successfully raised $10 million in a Series A funding round. The round was co-led by agritech-focused venture capital firm Omnivore and the Narotam Sekhsaria Family Office (NSFO). Expanding Manufacturing and Talent Acquisition Founded in 2016 by Dr. Kishore Indukuri, an IIT Kharagpur alumnus, Sid’s Farm is renowned for its commitment to providing nutrient-dense, additive-free milk and dairy products. The newly secured funds will be pivotal in expanding the company’s manufacturing capabilities to meet increasing consumer demand in Hyderabad and Bengaluru. Additionally, the investment will facilitate the building of a…
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End of an Era: Melinda Gates to Leave Bill & Melinda Gates Foundation
Summary Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, announced her departure from the foundation, marking the end of an era for one of the world’s largest private charitable organizations. Her decision comes after she and her ex-husband, Bill Gates, filed for divorce in 2021 after 27 years of marriage but vowed to continue their philanthropic efforts together. Melinda’s last day at the foundation will be on June 7th, according to her statement on X. The Gates Foundation has been a significant player in global public health, investing over $50 billion in the past two decades to address poverty and disease. Melinda’s departure raises questions about the future…
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Poshn Secures $4 Million in Pre-Series A Funding: A Game-Changer in Foodtech
Summary Poshn, a foodtech startup, has successfully secured $4 million in its pre-Series A funding round, led by Prime Venture Partners and Zephyr Peacock India. This funding, including $2 million in debt, follows a previous seed round of $4 million in 2022. Poshn has partnered with major financial institutions like ICICI Bank and Alteria Capital for its debt requirements. The capital infusion will be utilized to enhance Poshn’s solutions, address market gaps, and expand globally into Southeast Asian and Middle Eastern markets. Founded in 2020, Poshn leverages AI models for wholesale buying and selling of commodities. With exponential revenue growth and a strategic focus on innovation and expansion, Poshn aims…
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Ananya Birla Shifts Gears: From Music to Business
Summary Ananya Birla, daughter of Kumar Mangalam Birla, recently announced via Instagram her decision to step away from the music industry to focus on her business ventures. Despite her success in music, including achieving platinum status for her single “Livin The Life” and making her OTT debut with the song “Inaam” for the web series “Rudra: The Edge of Darkness”, Ananya expressed challenges in balancing her music career with her business responsibilities. Her decision elicited surprise from fans and celebrities alike, marking a significant transition in her career trajectory. Ananya Birla Shifts Gears: From Music to Business In a surprising move, Ananya Birla, the accomplished musician and scion of the…
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Shikhar Dhawan Becomes Investor, Partner, and Brand Ambassador for Eyewear Startup QUE
Summary Indian cricket sensation Shikhar Dhawan has embarked on a new venture in the fashion eyewear industry by partnering with the emerging brand QUE. This partnership sees Dhawan not only investing in QUE but also serving as a partner and brand ambassador. QUE, founded by Shashank Saurabh, Abhishek Deep, and Kumar Vagish, aims to democratize style and quality in eyewear, making premium sunglasses accessible to a wider audience in India and beyond. Dhawan’s involvement is expected to elevate QUE’s market presence, enhance its product offerings, and strengthen its marketing efforts. Expressing his excitement, Dhawan believes in QUE’s innovative approach to eyewear, emphasizing the blend of fashion and functionality. This collaboration…
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Jaspreet’s Resilience Ignites Hope: Calls for Support Flood Social Media Platforms
Summary Industrialist Anand Mahindra extended support to 10-year-old Jaspreet from Delhi, who took over his father’s street-side stall after his demise. A viral video showcased Jaspreet’s resilience, prompting Mahindra to offer assistance for Jaspreet’s education. Jaspreet’s culinary skills, coupled with his resolve, garnered widespread admiration and support from political leaders and the community. His story serves as a testament to human resilience and the transformative power of kindness, emphasizing empathy and solidarity in creating a brighter future. Jaspreet’s Resilience Ignites Hope: Calls for Support Flood Social Media Platforms Industrialist Anand Mahindra has reached out to help Jaspreet, a 10-year-old boy from Delhi who has taken on the responsibility of running…
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Gen AI for HR – Top Ways of Disruption
By Achala Bhat Gen AI for HR – Top Ways of Disruption We are a generation of buzzwords. Speaking of which, the most prominent buzzword of today’s era is – Generative AI. I was compelled to dive deeper into the arena of Generative AI, not because of the cliché “staying ahead of the curve”, but to better equip myself with another cliché albeit a reality – “workforce of the future”. What is Generative AI Generative AI enables users to quickly generate new content based on diverse inputs. It is the branch of AI that is adept at creating new insight/information by leveraging neural networks to identify the patterns and structures…
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