Upekkha’s Post

𝐁𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐁𝐨𝐭𝐭𝐨𝐦 𝐋𝐢𝐧𝐞, an impact summary! At Pravega Ventures, we believe that technology is the backbone to create positive social and economic impact. It has the unique ability to democratize access, create change, and improve lives. Just as holding coal leaves your hands black, engaging with technology leaves an enduring impact on the society. Consider a mobile phone; what was once a simple communication device, is now a vital tool for education, livelihood, and economic growth. ✍ This is the essence of our belief: 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, 𝐰𝐡𝐞𝐧 𝐬𝐭𝐞𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐝𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧, 𝐜𝐚𝐧 𝐜𝐫𝐞𝐚𝐭𝐞 𝐥𝐚𝐬𝐭𝐢𝐧𝐠, 𝐦𝐞𝐚𝐧𝐢𝐧𝐠𝐟𝐮𝐥 𝐜𝐡𝐚𝐧𝐠𝐞, 𝐫𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐦𝐢𝐠𝐡𝐭 𝐨𝐭𝐡𝐞𝐫𝐰𝐢𝐬𝐞 𝐦𝐢𝐬𝐬 𝐨𝐮𝐭 𝐨𝐧 𝐢𝐭𝐬 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬. (See carousel below) This is the start to our series of impact summaries. Stay tuned for more! Rohit | Mukul | Vinay | Abhishek | Dhruvin | Sridhar | Srinidhi | Garvit | Janhvi | Mahak | Avanti | Vinita | Cashinvoice | ChefKart | ePayLater | GrayQuest | Mintoak | MyShubhLife | Otipy | SafeGold #impact #investments #technology #innovation

I firmly believe that in India, technology is the key to creating a broad impact, influencing the wider population, and fostering equal opportunities across various dimensions such as gender, geography (rural and urban), social communities, and income groups. As a founding investor in Urban Company, I am convinced that commercial and social investing can, and must, coexist. For platforms to reach and transform millions of lives, they need to be economically viable. We can impact hundreds or thousands without economic viability, but not millions. The microfinance industry is a prime example of being both socially significant and commercially viable. At Pravega Ventures, we closely observe the impact of our partnerships in the tech space. Whether it's enabling lending through ePayLater, digitizing small merchants through Mintoak, or offering small savings products in gold via SafeGold, these initiatives are incredibly exciting to watch in terms of the lives they touch both in volume and significance. Through this series, we aim to highlight such examples within our portfolio. We extend our gratitude to all our partners and stakeholders, British International Investment, Michael & Susan Dell Foundation, India, ePayLater, Mintoak, SafeGold, GrayQuest, ChefKart, MyShubhLife, Geeta Goel, Prachi Jain Windlass, Aditi Sawhney, Chirantan Patnaik, Abhinav Sinha, Aurko Bhattacharya, Raman Khanduja, Rama Tadepalli, Gaurav Mathur for accompanying us on this journey.

The partnership between Gruhas and Collective Artists Network to establish an investment fund for consumer brands is indeed a landmark association. Here are a few reasons why this collaboration may be significant: 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐄𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞: The partnership likely brings together individuals or entities with diverse expertise, combining the financial acumen of an investment platform (Gruhas) with the talent management and influencer marketing knowledge of Collective Artist Network. This can lead to a well-rounded approach to identifying and supporting consumer brands. 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗕𝗿𝗮𝗻𝗱𝘀:  By focusing on investing in consumer brands, the partnership may contribute to fostering innovation and growth in this sector. The collaboration may bring fresh perspectives and strategies to support emerging and established consumer brands. 𝐂𝐫𝐞𝐚𝐭𝐨𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 𝐅𝐨𝐜𝐮𝐬: Given the involvement of Collective Artist Network, there may be a specific focus on the creator economy. This is a sector where influencers and content creators play a significant role in shaping consumer preferences, and the fund could potentially support brands within this space. 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭: The mention of an investment fund with a substantial initial capital of Rs 150 crore indicates a significant financial commitment. This can have a positive impact on the consumer brands that will be backed by the fund, providing them with the necessary resources to scale and succeed. 𝗙𝗶𝗿𝘀𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: The mention of the initial investments in spaces such as sexual wellness and innerwear suggests a willingness to support diverse and transformative ideas within the consumer market. This can have a ripple effect, encouraging innovation in different segments. Overall, the partnership between Gruhas and Collective Artist Network in establishing an investment fund for consumer brands holds promise for both the investors and the brands involved. It may contribute to the growth and evolution of the consumer market while leveraging the strengths of both entities.

At Upheavals Lab, we know that the path to true independence is paved with curiosity and discovery. This Independence Day, we celebrate the freedom to question, innovate, and drive progress through research. Together, let's build a future where knowledge leads the way. Harish Chandra Pathak Aditya Nath Mishra Abhishek Kumar #IndependenceDay2024 #ResearchForIndia #InnovationAndDiscovery

Carrying on from where we left off last week on the journey of Specialisterne Enable India Solutions, there is another important link in the value chain...the parents/guardians of the neurodivergent individual. #ValueChain #NeurodiversityAtWork #

Now is your chance to get in on 1 Million Moonshots! Check out this awesome trailer and head over to WeFunder to view the full video to learn all about how RadHash.ai turns ideas into business:

#TomorrowInc Legacy is crucial for family businesses, connecting their purpose, values, and achievements across generations. Dr. Tatwamasi Dixit emphasizes early preparation and empowerment for the next generation. He suggests providing them with the necessary skills, defining their roles, and gradually increasing resources to support their involvement. While the process is unique to each family, supporting the next generation's passions is important, even if they differ from the family business. This can involve allowing them to pursue their interests while remaining involved as owners. Dr. Tatwamasi Dixit, chairman at Family Business Research International Centre (FABRIC) Amudha Ranganathan, director of e-comm and special projects CavinKare India Varun Puri, MD, Green Power International Pvt. Ltd. Read the story: https://ow.ly/7M5t50T3RHV Story by: Shrabona Ghosh #FamilyBusiness #NextGenLeaders #LegacyPlanning #BusinessSuccession #EntrepreneurialLegacy #GenerationalWealth #BusinessMentorship #SuccessionStrategy #MultiGenerationalBusiness

Steps taken by Zerodha which made it a company worth $1B in valuation in 10 years without raising a single rupee from funding and even without spending a single rupee in marketing. --> Developing Varsity to educate a common man about investing (absolutely free to learn) to address the lack of knowledge of investing among people. --> Taking 20 Rs.  or 0.03% (whichever will be less) as brokerage charges to address the pain of high brokerage fees in the form of %age commission. --> Building smooth and powerful softwares like Console, Sentinel and Kite to address the tediousness of the investing process. #problems #solutions #zerodha #stockmarket #investing #businesslessons

'Elon Musk, Gautam Adani set to be world's first 2 trillionaires' - Times of India According to a report by Informa Connect Academy, Elon Musk, the entrepreneur behind Tesla, SpaceX, and X (formerly Twitter), is on track to become the world's first trillionaire by 2027. The report, titled "2024 Trillion Dollar Club," highlights Musk's average annual wealth growth rate of 110%, which has propelled him to the top of the Bloomberg Billionaires Index with a net worth of $251 billion.Several other multi-billionaires are on the path to joining the exclusive Trillionaires Club in ... Read more here: https://lnkd.in/dtFh_SxN . . Like 💝 Comment below ⏬ Share ✅ For More Such Updates Follow Us @qnewshub @qnewscrunch . . #qnewshub #qnewscrunch #Business

Let's celebrate the bond that's built on laughter, shared dreams & unwavering support. #HappyRakshaBandhan #happyrakshabandhan2024 #rakshabandhan #csktechnologies #csktech #websitedesignanddevelopment #digitalmarketing