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News on Medial
Warm outlook for FMCG companies has suddenly turned a tad cold
Money Control
·
9m ago
Medial
- BSE FMCG Index down 6.2% from September high, indicating investor caution for FY25. - Quick commerce companies expanding with new dark stores, driven by convenience and funding. - Early trading updates from FMCG companies show a mixed outlook for the September quarter. - Raw material price fluctuations impacting FMCG companies' performance. - Increased competition in the FMCG sector impacting growth prospects. - Consumer preference shifting towards value and essentials amid economic uncertainties.
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How to write a top 1% cold email to VCs
Internet
·
1y ago
Medial
OpenVC's guide helps founders write top cold emails to VCs by ensuring VC fundability, thesis fit, and positive signals. It covers creating compelling email subjects and bodies, sharing strong pitch decks, and optimizing the emailing process. Warm intros are preferred, but well-crafted cold emails can also succeed. The guide aims to improve cold email quality for better outcomes.
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Tesla’s latest update takes aim at cold weather woes
The Verge
·
1y ago
Medial
Tesla has released a software update aimed at addressing battery issues during extreme cold weather. The update includes two new features: one that notifies drivers how much time is needed for the battery to warm up for DC fast charging, and another that automatically defrosts the charge port. These updates are likely a response to incidents where drivers were stranded due to frozen charge ports and batteries not being ready for fast charging during a cold snap.
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Indicold Bags Funding To Boost Its Cold Chain Solution Offerings
Inc42
·
1y ago
Medial
Indicold, a cold chain solutions provider, has received funding in its pre-Series A round from venture capital firm Fundalogical Ventures. The startup, founded in 2019, aims to offer faster turnaround, increased asset utilization, and reduced operational costs. Indicold plans to use the funds for technological development, team expansion, and to enter new markets. It caters to companies in the food and beverage as well as FMCG industries, including Amul, Unilever, Britannia, and Zomato. Additionally, the company is setting up India's first frozen Automatic Storage and Retrieval System in Gujarat.
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Exclusive: Fiserv, Amadeus vie to acquire Shift4 Payments, sources say
Reuters
·
1y ago
Medial
Financial technology firm Shift4 Payment is reportedly in talks with potential buyers, including Fiserv and Amadeus. Both companies are preparing to submit final offers in the coming weeks, though a deal is not guaranteed. Shift4 collects fees from clients such as restaurants and hotels for facilitating their payments and processes over $200 billion worth of transactions annually. The company has seen growth during the pandemic as customers turned to digital payments, but faces increased competition and inflation. Shift4 reported strong earnings for Q4 2021 and projected a positive outlook for 2024.
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Trump 2.0's China playbook ruffles partners. Outreach to Pakistan, cold-shoulder to Taiwan during China talks raise concerns
Economic Times
·
1d ago
Medial
Recent actions in Trump's China policy indicate a potential shift towards a more accommodating stance, potentially reversing previous security decisions. Concerns arise as the Trump administration appears to cold-shoulder Taiwan and warm up to Pakistan, an ally of China. Notably, Nvidia's resumption of selling H20 AI chips to China, previously restricted, raises security fears among former officials. These moves might strain relationships with allies like Taiwan and the Quad, challenging long-term counter-China strategies.
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Two BTech grads earn ₹20 lakh annually from indoor saffron farming
Inshorts
·
6m ago
Medial
Ashish Bavaliya and Subhash, two fresh B.Tech grads from Hamapur, Gujarat, turned their dream into reality with Hightech Agribiotech. Inspired by Kashmiri saffron, they invested ₹15 lakhs and set up a cold storage facility to cultivate saffron in Gujarat's harsh climate. Their innovative techniques now yield 2 kg annually, earning ₹20 lakhs in revenue.
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Exclusive: Zen Mobility Pilots On-Wheels Cold Storage Grocery Delivery With BigBasket, Country Delight
Inc42
·
1y ago
Medial
Zen Mobility is conducting a pilot project in Gurugram to provide delivery services for grocery and dairy products. The startup has partnered with companies like BigBasket, Country Delight, VegEase, and MilkyMist for this initiative. Additionally, Zen Mobility has expressed interest in collaborating with pharmaceutical companies to offer delivery services for vaccines that require cold storage.
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Daily Voice: Overweight on mid, smallcaps as economy going through structural shift, says Right Horizons' Anil Rego
Money Control
·
1y ago
Medial
Anil Rego, founder and fund manager of Right Horizons, is bullish on mid and smallcap stocks despite concerns of an overheated market. He believes that structural shifts in the Indian economy will lead to long-term growth, and that eventual rate cuts will disproportionately benefit mid and smallcap companies. Rego suggests that quality mid and smallcaps, expected to have consistent growth in the next few years, offer good risk-reward opportunities. He also discusses the regulators' warnings about froth in the midcap and smallcap segments, as well as the outlook for metal and FMCG sectors.
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Will 2024 be a bounce-back year for startups?
TechCrunch
·
1y ago
Medial
In 2022, startups faced challenges as the economic landscape shifted, impacting funding and buying cycles. While IT budgets may improve in 2024, startups may struggle to benefit as tech vendors raised prices, forcing companies to allocate more funds to existing expenses. Many startups turned to cost-cutting measures such as layoffs, but this approach also presents difficulties in maintaining productivity with fewer resources. The outlook for startups in 2024 is uncertain, with differing opinions on whether they can expect an improvement or face further obstacles.
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ZEVO unveils India's first electric refrigerated vehicle in partnership with IIT Delhi
IndianStartupNews
·
1y ago
Medial
ZEVO, an EV mobility platform, has partnered with Machphy Solutions to deploy its groundbreaking technology across 10 Indian cities in the first year. The partnership aims to revolutionize temperature-controlled last-mile delivery in industries such as Pharmaceuticals, QSR, Seafood, Dairy, and FMCG. ZEVO's system operates with plug-in electric charge and offers intracity operations for up to 16 hours at -20°C, making it a leader in sustainable refrigeration. The partnership signifies a leap towards a sustainable future in cold chain logistics. The collaboration has introduced REV L5, a zero-emission refrigerated solution blending ZEVO's EV mobility technology with Machphy's expertise.
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