Tuesday, April 23

Business

Can Vertical SaaS Fintech WeTravel Reinvent Payments for Travel SMBs?
10May By Linda AshokNo Comments
Business, United States

Can Vertical SaaS Fintech WeTravel Reinvent Payments for Travel SMBs?

There was a time when traditional payment giants such as PayPal and Shopify disrupted the banking model. Today, it is the time for vertical SaaS in financial technology or fintech. This emerging market is zeroing in on small to medium-sized businesses contributing over 50% of GDP in high-income countries worldwide. But is it a one-sided affair? How are SMBs responding to the solution?  According to Johannes Koeppel, CEO and Co-Founder of WeTravel, "SMBs don't want different payment solutions; they want payments integrated into their business software." Johannes, a U.C. Berkeley MBA graduate, built WeTravel as a vertical SaaS (integrated payment) platform in the travel space akin to the Mindbody that offers scheduling and payment solutions to the world of wellness and businesses and ...
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Pricklee Cactus Water Targets Coconut Water, Forgets TrueNopal
7May By Linda AshokNo Comments
Business, United States

Pricklee Cactus Water Targets Coconut Water, Forgets TrueNopal

Seemingly ridiculous; who cares what America drinks or what Shark Tank US thinks? But, apparently, Pricklee Cactus Water has brought an existential crisis to Asian coconut water. Who do we blame? We've got the gang of Pricklee LLC; the CEO Kum Yang, COO Mohammed Hassoun, CMO Jaanai Babb, CFO Aakash Dheri, and CSO Sarwang Shah! The story reveals that the founders of Pricklee™ Cactus Water are all erstwhile healthcare workers who fell in love with the recipe of the COO's grandmother, who treated her grandchildren with Pricklee™ Cactus Water made of prickly pears of the cactus species. Ever since there was no turning back, the group decided to give America the taste of cactus! Pricklee™ cactus waters use premium, sustainably-sourced prickly pears, the superfruit of the desert. Scien...
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Grocery Delivery Startup Raises $200M, Burns Less Cash than Rivals
5May By Linda AshokNo Comments
Business, India

Grocery Delivery Startup Raises $200M, Burns Less Cash than Rivals

Zepto, an Indian grocery delivery startup, has just raised $200M at a valuation of $900M. As per this latest fundraising in the grocery delivery sector, it is now seen as an Investor hotspot where every business is vying to deliver groceries to a customer in flat 10 minutes. Indian delivery startup, Zepto, is spearheaded by two Stanford dropouts aged 19. Founded in 2021 during the prime of the pandemic, this new fundraising is led by Silicon Valley-based Startup incubator- Y Combinator! The investment round also includes US-based Kaiser Permanente and its previous investors, Nexus Venture Partners. As per market speculation, Zepto food delivery startup competes with Blinkit, erstwhile Grofers, backed by SoftBank. In the wake of 10-minute delivery, these Indian grocery delivery st...
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How Markets Learned the Language of Airbnb CEO Brian Chesky
4May By Linda AshokNo Comments
Business, United States

How Markets Learned the Language of Airbnb CEO Brian Chesky

Airbnb Inc. gained a substantial 6% in extended trading and surpassed Wall Street's average estimates as per the company's current quarter report. This gain has become possible due to a surge in travel bookings that have faced enormous restrictions in the past two years. The revenue of Q2 is estimated at $2.03B to $2.13B, which exceeds an average prediction of $1.97B. As per reports, Airbnb's revenue in the past quarter has been a great one that helped the brand recover the net loss resulting from the pandemic as people decided to stay indoors.  According to the CEO of Airbnb, Brian Chesky, this year will help rebound the losses incurred due to the pandemic. He is particularly hopeful about the ease of travel ensured in North America as it will help compound the growth as the brand ...
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Greg Kelly Confirms Elon Musk the New Owner of Twitter Inc
25Apr By Linda AshokNo Comments
Business, Technology, United States

Greg Kelly Confirms Elon Musk the New Owner of Twitter Inc

The man of deep space forging his way to Mars in less than a few decades, Elon Musk is the new owner of the micro-blogging planet, Twitter. Owner of SpaceX & Tesla (NASDAQ:TSLA), Elon Musk, started with a 9.1% shareholder stake to roping in the whole market to finance a complete purchase of Twitter at $46.5B. Earlier, when Musk was asked to join Twitter's board of directors, he declined. That led the existing board of directors to place a "poison pill" to make it difficult for Musk to buy more than 15% of the company through the stock market. But world population defiant, the father of 8 kids, Elon, on meeting the shareholders on Friday, now calls it a victory, as confirmed by Greg Kelly. HE DID IT!!!!!! THANK YOU ⁦@elonmusk⁩ !!!! pic.twitter.com/a4deqhjncm — Greg Kelly (@gregk...
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The Anti-Gravity of an Unfunded Literary Publishing House from India
8Jan By Linda AshokNo Comments
Business, India

The Anti-Gravity of an Unfunded Literary Publishing House from India

Amidst some of the positive returns of the pandemic is the return to reading books. There has been a noticeable surge in the publishing industry influenced by established startup entrepreneurs, sometimes by wantrepreneurs, yet sometimes by aesthetes those who use books for egalitarian shelf decoration. But whatever is the end purpose, at the forefront, publishing is doing well, asserts Dr. Kiriti Sengupta. Who is Dr. Kiriti Sengupta? Dr. Kiriti Sengupta is a critically acclaimed Indian English Poet, who along with the Indian novelist in vernacular Bangla, Bitan Chakraborty, are the Joint Directors of Hawakal Publishers, a private limited literary publishing house from India with over a decade of contribution. The company that started in 2008 as a small office in Kolkata bootstrapped to pr...
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UK-Based Web Video Editing App VEED.IO Clocks +$6M ARR in 4 Years
19Dec By Linda AshokNo Comments
Business

UK-Based Web Video Editing App VEED.IO Clocks +$6M ARR in 4 Years

Video marketing has come a long way in the last five years. The market has evolved so rapidly that it has become an indispensable medium for digital influencers. According to ResearchAndMarkets, by 2026, the global market value of digital advertising will be $786.2B. Individuals and businesses that haven't adopted video marketing yet will surely miss out. But, those leveraging video marketing will enjoy a piece of the larger pie.  From our market assessment, we have gathered that despite knowing video marketing as a successful marketing medium, businesses and individuals cannot fully utilize the available video-editing tools to maximum satisfaction sans the affordability and complications. But, a slight deep dive into the market reveals a surprising reality; we learn that video marketing ...
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$30M Bezos Earth Fund for National Fish and Wildlife Foundation
6Dec By Linda AshokNo Comments
Business

$30M Bezos Earth Fund for National Fish and Wildlife Foundation

At a time when Greta Thunberg and global climate activists are dissenting against big tech and local governments doing nothing about the recovery of the climate crisis, the Jeff Bezos Earth Fund awarding $30M to the National Fish and Wildlife Foundation (NFWF), focusing on climate conservation projects is encouraging. The Bezos Earth Fund award of $30M million grant to the National Fish and Wildlife Foundation (NFWF) will help- Conserve biodiversity in wildlife Increase the resilience of communities around the country Advance carbon reduction targets to mitigate climate change https://startuptoenterprise.com/the-unfatherly-affair-of-jeff-bezos-with-the-washington-post/ NFWF will prioritize nature-based solutions that significantly boost carbon storage and sequestration wh...
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Is China’s Evergrande Group a Mutation of the Subprime Mortgage Crisis?
30Sep By Linda AshokNo Comments
Business, China

Is China’s Evergrande Group a Mutation of the Subprime Mortgage Crisis?

Could the current real estate crisis of China led by the Evergrande Group be a mutation of the United States subprime mortgage crisis? Many, including India's Uday Suresh Kotak of Kotak Mahindra Bank, have compared China's real estate behemoth the Evergrande Group's collapse to Lehman Brothers.  The world's stock markets, including those in India, are on pins and needles. The early gains made by the Indian indices were partially eroded on Tuesday, September 21, 2021, due to a downturn in global markets led by China Evergrande Group (HKG: 3333) and Evergrande Property Services Group Ltd (HKG: 6666). Character Sketch: Evergrande Group Historically, Evergrande Group has been one of China's most successful real estate developers, with sales ranking as high as second. The Fortune Global 5...
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