Hello!!
India minted not one but two 📈 new unicorns last week! OneCard and 5ire.
But that’s not all! We are proud 😎 to let you know that OneCard was founded by one of our own Alum 👥, making it our institute’s 🏫 6th Indian Unicorn!🥇
We understand your excitement 🤩 , but before you dash off to seek 💸 funding at a $1 billion valuation 🤑, let's take a look 👀 at this week's newsletter 📰 from E-Cell at IIT BHU.🌐
#primetime
The Dark Side of Uber 🚕
A leak of 124,000 confidential documents🤫 has put Uber into hot waters⏳! Read on to know the alarming truth⚠️…
The Uber Files show how the company broke laws⚖️, duped the police👮, exploited violence against drivers😨 and secretly lobbied governments during its global expansion😯. They reportedly protected their unlicensed drivers by putting a "Greyball" feature to help drivers avoid the police officers.
On the brighter side though🌞, Uber’s officials said that the company hired a new CEO, Dara Khosrowshahi, in 2017 who transformed Uber in every aspect and 90% of the current employees were hired after Dara, thereby making it a completely different company today. 😲
#weeklyspecial
Friendly neighborhood pastry shop gets sued?!?!
Trademark Infringement Alert! ⚠️
The Delhi High Court has just permanently restrained ⛓️ a Bengaluru-based cakeshop using the name ‘Facebake’.
Is it just me or does the name sound oddly familiar 😆? The outlet not only used a similar name to ‘Facebook’, but also used a similar font and a blue-on-white color scheme 🤦.
Facebook employees might’ve had free dessert 🎂 as the court also ordered all the cakes to be delivered to Meta 🤪 (parent company of Facebook) for destruction. The court also awarded Rs. 50,000 💰 in nominal damages to Meta.
Next time you want to start a venture, make sure your assets are unique enough so that you #dontgetsued 😤.
#quotethis
“Differentiate yourself! Why are you different? What's important about you? Why does the customer need you?”
― Sarah Blakely, Founder - Spanx
#podcastworthlistening
A 23-year-old created an $8M revenue content marketplace business!!!
In his 2nd year of undergrad college 🎓, Anirudh Singla founded Pepper Content in the dorm room of his alma mater BITS Pilani. Truly justifying the fact that “Content is King!”👑, Pepper Content aids digital startups with content creation like graphic design💻, blogs📝 and translation services.
In just under 5 years, Pepper was scaled into an $8 Million💵 content market place collaborating with over 2500 brands and over 1 Lakh+ creators 📈📈📈.
Know more about his journey, here:
#tweetworthreading
Alright, guys and gals 😉, that’s it for today! Hope you enjoyed the read!
Until next time ;)