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Over 100 students to launch 20 D2C startups in India: Tetr B-school

YourStory

YourStory · 6m ago

Over 100 students to launch 20 D2C startups in India: Tetr B-school

Students from the Tetr College of Business are launching 20 D2C ventures in India, spanning categories such as cosmetics, snacks, and apparel. With mentorship from industry leaders like Priyanka Gill and Arjun Vaidya, they aim to master brand-building and market strategies. The D2C Founder Connect event enabled students to brainstorm with founders from brands like Lenskart. Andrea Chapman and colleagues are introducing ServeClub for the pickleball community, having gained valuable experience in Dubai.

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Physics Wallah’s School Of Startups Unveils Second Aarambh Cohort

Inc42 · 8m ago

Physics Wallah’s School Of Startups Unveils Second Aarambh Cohort

PW SOS is a platform that provides entrepreneurs with affordable ideation programs. In addition, the company has launched the PW School of Startups and a $11.9 million fund to support over 100 startups. They have also created a 5-day offline program called Aarambh, which is designed for school students, college students, and early professionals.

Over 100 startups led by Delhi school students presented business ideas to investors in 2023

Money Control

Money Control · 1y ago

Over 100 startups led by Delhi school students presented business ideas to investors in 2023

More than 100 startups led by students from Delhi schools showcased their business ideas to investors at the "Business Blasters Investment Expo" in 2023. Additionally, 32 students from a Delhi government-run school secured seats at the esteemed National Defence Academy (NDA). However, the deteriorating air quality in Delhi led to a 10-day closure of educational institutions, posing challenges for students. On a positive note, Delhi schools played a significant role in providing education and support to over 150 students from Manipur who were affected by violence.

ServeClub raises seed round from Rare Rabbit, The Moms Co. founders

Entrackr

Entrackr · 2m ago

ServeClub raises seed round from Rare Rabbit, The Moms Co. founders

ServeClub, a homegrown pickleball gear brand, has raised seed funding from Manish Poddar (co-founder, Rare Rabbit), Pratham Mittal (founder, Masters’ Union and Tetr), and Malika Sadani (co-founder, The Moms Co.). The proceeds will be used for product development and to expand both online and offline sales across India. Founded by a team of students from the US, Cuba, Mexico, Germany, and India studying at Tetr College of Business, ServeClub offers USAPA-certified paddles priced between Rs 7,000 and Rs 9,000, positioned as a lower-cost alternative to global brands which often retail above Rs 15,000. ServeClub claims to have partnered with over 25 entities, including courts, clubs, and fitness brands, and plans to grow monthly sales by 20–25% in the next two quarters. Expansion plans include direct-to-consumer sales and organizing community engagement events. According to market research, the Indian pickleball market is growing at 26% CAGR with over 50,000 players. The global market is projected to reach $1.59 billion by 2031.

Yummy Plate offering meal services for schools raises $2M in a seed round

IndianStartupNews

IndianStartupNews · 1y ago

Yummy Plate offering meal services for schools raises $2M in a seed round

Yummy Plate, a school meal service provider, secures $2 million in seed funding led by K12 Techno Services. The startup aims to expand its nutritious meal offerings to more schools across India, focusing on technological advancements and presence in cities like Mumbai, Pune, Hyderabad, Chennai, and Delhi. The B2B startup currently serves over 3,000 students and plans to cater to 100+ schools and 20,000 students within a year.

Tetr College launches fund to back student entrepreneurs

VCCircle

VCCircle · 9m ago

Tetr College launches fund to back student entrepreneurs

Tetr College of Business is launching a fund called Tetr - Under 20 to support student entrepreneurs. The college plans to invest $10 million into the fund, with initial investments ranging from $10,000 to $100,000. The fund will focus on a diverse range of sectors, including artificial intelligence, emerging technologies, sustainability, and healthcare. Tetr College aims to support young entrepreneurs worldwide and invest in ventures that reflect the evolving landscape of business and technology. The team leading the fund includes experienced individuals from SoftBank India, Harvard University, and Stanford University.

Early-stage venture capital firm First Cheque to invest in 15-20 startups

Economic Times

Economic Times · 9m ago

Early-stage venture capital firm First Cheque to invest in 15-20 startups

Early-stage venture capital firm, First Cheque, plans to invest in 15-20 startups from its third cohort over the next 18 months. The average first cheque size will be up to $500,000. The firm, which is under the umbrella of India Quotient Venture Capital, focuses on pre-seed investments, particularly in direct-to-consumer (D2C) startups. They aim to support truly differentiated D2C brands, especially in categories with an empty market. So far, First Cheque has invested in over 130 startups, including companies such as Giva, Rocketlane, Seekho, Fleetx, DrinkPrime, and Simplismart.

Physics Wallah launches PW Gurukulam School in Gurugram

IndianStartupNews

IndianStartupNews · 1y ago

Physics Wallah launches PW Gurukulam School in Gurugram

Physics Wallah, the edtech unicorn led by Alakh Pandey, has entered the traditional schooling system with the launch of PW Gurukulam School in Gurugram. The school aims to enroll 400 students in its first batch and offers a curriculum aligned with the National Education Policy 2020. It focuses on all-inclusive education, innovation, and culture, with an emphasis on experiential learning and skills like financial literacy and entrepreneurship. The launch reflects Physics Wallah's expansion beyond online learning and its dedication to enhancing educational opportunities in India.

ChatGPT traffic slips again for third month in a row

Economic Times

Economic Times · 1y ago

ChatGPT traffic slips again for third month in a row

OpenAI's ChatGPT, the AI chatbot, experienced a decline in monthly website visits for the third consecutive month in August. Worldwide visits decreased by 3.2% to 1.43 billion, with a reduction in average time spent on the site. However, August saw a slight increase in unique visitors, potentially due to students returning to school. ChatGPT reached 100 million monthly active users just two months after its launch and remains a widely used generative AI tool for various tasks.

PhysicsWallah launches new school to provide elementary education

Inc42 · 1y ago

PhysicsWallah launches new school to provide elementary education

PhysicsWallah, led by Alakh Pandey, has entered the offline education space with the launch of PW Gurukulam School. Located in Gurugram, the school will offer elementary education from play school to seventh grade, with a curriculum affiliated to CBSE. The school has enrolled 400 students for its inaugural batch and aims to provide experiential learning, focusing on financial literacy, entrepreneurship, and programs like Model United Nations. PhysicsWallah, which started as a YouTube channel and later expanded into various segments, currently has 67 offline centers across 38 cities and recorded significant revenue growth in FY23.

For D2C brands, Bertelsmann sees quick commerce as the next big growth driver

Livemint

Livemint · 1y ago

For D2C brands, Bertelsmann sees quick commerce as the next big growth driver

Quick commerce is expected to become an important channel for direct-to-consumer (D2C) companies, including those supported by Bertelsmann India Investments (BII), according to managing director Pankaj Makkar. Quick commerce gained popularity during the pandemic, allowing consumers to receive groceries and essentials in under 20 minutes. BII is primarily focused on consumer-tech startups and is exploring innovative business models in the D2C space, particularly in supply chain operations. The quick commerce market is currently worth $2.8 billion and is predicted to see 40-45% growth over the next three years.

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