Seven 🎱 Nine
E-Cell IIT-BHU's Weekly Newsletter!
It was the week of love and affection for the world💖 and so is our love for entrepreneurship and startups!
So consider this edition’s as a love letter (instead of a newsletter) to all the entrepreneurs out there! and let us be your date for the next 3 mins.
right) down to accept!😌
Two Unicorns in a row from IIT BHU!🤩
Xpressbees- with fresh funding of $300Mn reached a valuation of $1.2Bn making it the 4th logistics Unicorn in India ( after Delhivery, Rivigo, and Blackbuck).🚚
Elasticrun, a Kirana commerce startup on Monday raised its valuation to $1.5Bn making it India’s 5th Unicorn this year.🏬
Founded in 2016 by Sandeep Deshmukh, Saurabh Nigam, and Shitiz Bansal, ElasticRun’s tech platform acts as an extended arm of FMCG companies’ direct distribution networks in rural areas and enables these businesses to reach small Kirana stores in the hinterland.
“We are excited to welcome our new partners Blackstone Growth, TPG Growth, and ChrysCapital in our growth journey. With their vast network and operational expertise, we believe that they will further fuel our efforts in pursuing newer opportunities and will help expand our footprint.”
- Amitava Saha, Founder, and CEO, Xpressbees
Got a business idea but don't know how to execute 🤔 ? That's where the incubators come in!
Business incubators are organizations that help startups and individual entrepreneurs in fullscale business development, dealing with everything from the workspace setup to financing.
Entrepreneurs who wish to enter a business incubation program apply for an admission based on the merits of their idea. Not only do the incubators help turn your idea into a successful business, but by doing so, they also contribute to the economic development of society.
Can you name the one that’s in IIT BHU?
Contagious: How to Build Word of Mouth in the Digital Age
Why are some products and ideas talked about more than others? Why do some articles make the most emailed list? Why do some YouTube videos go viral? If you said advertising, think again. People don't listen to advertisements, they listen to their peers. So, the answer is Word-of-mouth.
If you want to win the marketing race in today’s world, you need to unleash the power of word of mouth, that is, you just have to get people to talk about your brand or products. Do you want to know the best thing about word-of-mouth? It's available to everyone. The challenge, though, is how to do that.
Here is the solution, this book Contagious: How to Build Word of Mouth in the Digital Age will show you how. This book shows how to leverage the concepts to craft contagious content.
“We need to design products and ideas that are frequently triggered by the environment and create new triggers by linking our products and ideas to prevalent cues in that environment. Top of mind leads to tip of tongue.”
Contagious provides a set of specific, actionable techniques for helping information spread - for designing messages, advertisements, and information that people will share. Contagious will show you how to make your product or idea catch on.
Find it here!!
“I think it is often easier to make progress on mega-ambitious dreams. Since no one else is crazy enough to do it, you have little competition.”
-Larry Page, co-founder of Google
How to Start a Startup | Ritesh Agarwal
We all know that OYO rooms have been one of the most successful start-ups in India is the country’s largest budget hotel chain.
But Do You Know that in the year 2020, Mr. Ritesh Agarwal’s net worth was around INR 7253 crore which is $1.1 billion dollars as per the Hurun Rich List 2020 making him the world’s youngest self-made billionaire after the famous Kylie Jenner?
Do go through this amazing session on "Growth and Scaling Up" by Mr. Ritesh Agarwal and get to know the insights of his journey!
Find this week’s edition of Word Search here: https://thewordsearch.com/puzzle/3310091/word-search-for-the-week/
WE ARE LIVE!
We are proud to announce that the redefined Version 2.0 of our website is now live!
Visit us at: ecelliitbhu.com and have a look!
From discovering our culture, team, initiatives, events we organize to getting access to FREE startup resources, entrepreneurship books library, blogs, newsletter archives, and much more!!! You name it, we got it!
(Consider this as our Valentine’s gift✨)
Do check out the website and let us know your thoughts! 💖
Hoping to keep you updated with all the entrepreneurship talks of the town!
Until next time :)