Hi Everyone!
The news is that Instagram is exploring new methods to verify your age. IG is testing two additional methods of verification - Social Vouching 🙋♂️ and AI-based age estimation,🤖 you can test it out here
Instagram may need you to be older, but it's never too early to enter the startup world!🚀 E-Cell IIT BHU brings you this week's top news & updates from the startup world, and don't worry, it's not 18+ 😉, Happy Reading 📖
#headlines
Weekly Funding Update🤑 :
The Indian startup ecosystem has managed to raise $791 Mn across 27 deals. This is a slight dip of 6.2% from the last week
🦄 LeadSquared achieved the unicorn status with $153 Mn capital infusion from Uncorrelated Ventures, Fasanara Capital and Abstract Ventures.
Startup & Tech News📈
🥡 Food delivery giant Zomato has acquired SoftBank-backed quick commerce giant Blinkit for $568 Mn in a distressed sale.
💸 The Kerala government on Wednesday (June 22) approved the setting up of INR 250 Cr venture capital (VC) fund to accelerate the growth of startups in the state
💵 Sequoia Capital has announced to increase the ticket size up to $3 Mn for its early-stage funding program – Sequoia Surge
🎮 Deltatech Gaming Limited is likely to become the second Indian gaming company after Nazara to go public. The parent entity of Adda52
🚗 Ola shuts down its used cars business Ola Cars in just 8 months of its launch, along with its quick commerce arm Ola Dash and will make the investment in electric vehicles.
#weeklyspecial
A strategy, even a great one, doesn’t implement itself!! 💡
A good strategy is what is needed primarily to transform your business and take it to greater heights,🚀 but it is just the first step.🪜 As Thomas Edison has rightly said, "Vision without implementation is just hallucination", without proper execution, even the best strategies are just theories.
So, how can we ensure proper implementation and do justice to our well-thought strategies and ideas?💡 Find here the three key steps to building the right execution system as per an article from the Harvard Business Review.👨🏻🏫
Achieving Strategic Clarity 🔭
Firstly, the strategy must be accurately optimistic, and essential organizational capabilities must be identified.
Achieving Organizational Clarity🏢
Orient your organization toward the key challenges for executing it.
Building A Management System 🗄️
Have a proper management system to carry out day-to-day decisions to implement your strategy in the long run
Starting with strategy, and climbing these three steps you can reach the much-awaited successful execution and bring your imagination into reality! 🌟
Want to dive deeper into the path from strategy ➡️ execution!? Read the full article.
#quotethis
“Doing the best at this moment puts you in the best place for the next moment.
― Oprah Winfrey, CEO of Harpo Productions
#bookworms
The Unfair Advantage⚖️
🧠Have you ever wondered how did people get ahead?🧐 How does someone like Elon musk succeed where others have failed?🚀 We are often told that success is directly correlated with hard work 📈. But what if that wasn't the case?
The Unfair Advantage book 📕 by Ash Ali & Hasan Kubba demonstrates how to recognize your personal unfair advantages and use them to get an edge over your competitors.
Whether we are fortunate to be quick, have a knack for math, or have a wonderful sense of people, we all have unfair advantages in life. In the book, the writers provide a special framework for evaluating your external conditions in addition to your internal capabilities.💪🏻
To know more 📢 about the entireties of the book click here. 🌍
#Tweetworthreading
Real examples of how OpenAI’s new tool, DALL-E, can generate images from text input:
GoodBye 👋, for now, We will be back again next week with crunching stories 📖, loads of info ♾️, and fun 🎉.