Wednesday, 8 November 2017
Thursday, 28 April 2016
Jugnoo raises $10 million in funding led by Paytm
Hyperlocal delivery and auto rickshaw aggregator Jugnoo has raised $10 million in series B funding led by Paytm. Existing investor Snow Leopard and new investor Rocketship.vc also participated in the Series B round. Jugnoo plans to utilize the new funds in bettering driver efficiency and growing its base within its existing cities of operation.
The company had previously raised an undisclosed amount of funding from Paytm in November 2015. At that time Paytm had picked a 20% stake in the startup. In June 2015, Jugnoo raised $5 million in a series A round of funding from Snow Leopard with participation from Paytm. It had also raised $1 million from Rajesh Mathur (Junglee Flywheel), Vikas Taneja (Partner and MD BCG Group) and Kirloskar Brothers among others, in a seed round of funding.
What Jugnoo does
Jugnoo has tie ups with rickshaw drivers as logistics partners to offer three different services including Jugnoo Autos on Demand, Jugnoo Meals and Jugnoo Fatafat. Interestingly, the company mentions that it does not make money on auto rides, rather auto rides get it a logistics network and customer base, while hyperlocal deliveries make it money. At present, the company claims to have operations in 30 cities and 11 villages across the country.
The Jugnoo Autos on Demand app detects a user’s location, post which the user can request a rickshaw. Users can then track the rickshaw status on the map or call the driver directly to clarify issues. The app charges users Rs 20 as minimum charge, Rs 5/km and Rs 1/min for fare, with 50% higher rates for night times.
Note that Jugnoo also offers a Fatafat Merchant app, that lets merchants track orders coming their way. This seems to imply that users might not be able to order from any store, but only from those that the company has a tie-up with, similar to Grofers. Other than this, the platform offers a Jugnoo Drivers app which lets rickshaw drivers find their next assignment.
The company had previously raised an undisclosed amount of funding from Paytm in November 2015. At that time Paytm had picked a 20% stake in the startup. In June 2015, Jugnoo raised $5 million in a series A round of funding from Snow Leopard with participation from Paytm. It had also raised $1 million from Rajesh Mathur (Junglee Flywheel), Vikas Taneja (Partner and MD BCG Group) and Kirloskar Brothers among others, in a seed round of funding.
What Jugnoo does
Jugnoo has tie ups with rickshaw drivers as logistics partners to offer three different services including Jugnoo Autos on Demand, Jugnoo Meals and Jugnoo Fatafat. Interestingly, the company mentions that it does not make money on auto rides, rather auto rides get it a logistics network and customer base, while hyperlocal deliveries make it money. At present, the company claims to have operations in 30 cities and 11 villages across the country.
The Jugnoo Autos on Demand app detects a user’s location, post which the user can request a rickshaw. Users can then track the rickshaw status on the map or call the driver directly to clarify issues. The app charges users Rs 20 as minimum charge, Rs 5/km and Rs 1/min for fare, with 50% higher rates for night times.
Note that Jugnoo also offers a Fatafat Merchant app, that lets merchants track orders coming their way. This seems to imply that users might not be able to order from any store, but only from those that the company has a tie-up with, similar to Grofers. Other than this, the platform offers a Jugnoo Drivers app which lets rickshaw drivers find their next assignment.
Monday, 11 April 2016
BigBasket sets manpower in place with free housing
BigBasket, the online grocer, is planning to provide free housing for its warehouse employees and delivery boys in a move to beat rivals Grofers and PepperTap who are exploring the same talent.
The company is planning to establish dormitory-style accommodation and shared apartments across India for its 1,500 blue-collar workers, in the next two months.
The move is considered as a first for online retailers who so far have focused on pampering their engineers and analysts with attractive pay scales and stock options. The teeming populations of blue-collar workers are mostly migrants.
The company expects that the free housing would help it to improve productivity and retention. The lodgings will be located near its warehouses and pickup locations.
"Shared housing can bring down costs by at least 50%, especially when done at scale. It helps in retaining employees as well as making them more productive," said Hari Menon, Chief Executive, BigBasket.
With the increase in demand for such workers with the proliferation of eCommerce startups, companies are charting more innovative ways to retain them..
The company is planning to establish dormitory-style accommodation and shared apartments across India for its 1,500 blue-collar workers, in the next two months.
The move is considered as a first for online retailers who so far have focused on pampering their engineers and analysts with attractive pay scales and stock options. The teeming populations of blue-collar workers are mostly migrants.
The company expects that the free housing would help it to improve productivity and retention. The lodgings will be located near its warehouses and pickup locations.
"Shared housing can bring down costs by at least 50%, especially when done at scale. It helps in retaining employees as well as making them more productive," said Hari Menon, Chief Executive, BigBasket.
With the increase in demand for such workers with the proliferation of eCommerce startups, companies are charting more innovative ways to retain them..
Monday, 28 March 2016
Ludhiana boy to make it big in field of robotics
This young engineer, who hails from Ludhiana, has an ambition, not to be a successful professional, as any one of his age would, but to bring about a change in the education system of the country. Through his start-up venture, Robotics Education World, Akshay Ahuja is excited to host the first of its kind Build Your Bot (BYB) event to be held in July this year in New Delhi. The event poster was officially released by Apneet Riyat, ADC (Development), who was the chief guest on the occasion. Soon after releasing the poster, she lauded the efforts of RoboChamps, a sister concern of Robotics Education World, saying that the start-up was setting an example for other youngsters in the country by doing something for the betterment of society.
While 4,500 students from Ludhiana will be a part of the event, more than 20,000 children from across the country will share the stage this year in Indias first and largest ever robotics show which would be held in July this year. RoboChamps, run by Ahuja, is engaged in providing robotics and technology-based education to young minds through school-level education in India. The initiative is being supported by Delhi-based Young Edsplorer, Rolling Frames Entertainment. Truck-Suvidha, a leading portal for the transport industry, is also supporting the cause. While the event is unique, there is a social cause attached to it as several hundred underprivileged children from slums are being trained free of cost by a team of RoboChamps and would be a part of the record-breaking event.
Akshay Ahuja, Director, Robotics Education World, while interacting with the media here, said: Through the event, Build Your Bot (BYB), in which 20,000 children will take part, they will attempt to find a place in Guinness Book of World Records by making robots at one place. Children from the across the country are being outreached by RoboChamps. More than 500 children from other countries are also expected to be a part of the event. Prime Minister Narendra Modi will be invited as the chief guest for the national event
While 4,500 students from Ludhiana will be a part of the event, more than 20,000 children from across the country will share the stage this year in Indias first and largest ever robotics show which would be held in July this year. RoboChamps, run by Ahuja, is engaged in providing robotics and technology-based education to young minds through school-level education in India. The initiative is being supported by Delhi-based Young Edsplorer, Rolling Frames Entertainment. Truck-Suvidha, a leading portal for the transport industry, is also supporting the cause. While the event is unique, there is a social cause attached to it as several hundred underprivileged children from slums are being trained free of cost by a team of RoboChamps and would be a part of the record-breaking event.
Akshay Ahuja, Director, Robotics Education World, while interacting with the media here, said: Through the event, Build Your Bot (BYB), in which 20,000 children will take part, they will attempt to find a place in Guinness Book of World Records by making robots at one place. Children from the across the country are being outreached by RoboChamps. More than 500 children from other countries are also expected to be a part of the event. Prime Minister Narendra Modi will be invited as the chief guest for the national event
Sunday, 20 December 2015
Dutch scientists: Horror films actually make the blood curdle
The saying goes that horror films are blood curdling – now scientists believe they have proven that the idea is true.
A team of Dutch scientists set out to discover whether being afraid can curdle the blood – an adage used since the medieval times.
As part of a study published in the Christmas issue of the British Medical Journal, researchers assessed the reactions of 24 healthy young adults as they were show the 2010 horror film Insidious as well as the educational film called A Year in Champagne. They found that the levels of protein rose significantly after watching the scary film.
On average, there was a 11 IU/dl (International Unit/decilitre) increase of the protein factor VIII in their blood, which helps the liquid to clot.
Such a rise is associated with a 17 per cent rise in the risk of venous thrombosis. However, the evidence did not show that watching horror films could make a person’s blood clot.
Dr Banne Nemeth, who lead the study, “The underlying biological mechanism of acute fear associated with an increase in coagulation activity is still to be unravelled,” the team’s leader,
"Although it’s not immediately obvious by which means our results could confer clinical benefits, a broader implication of these study results is that after centuries the term ‘bloodcurdling’ in literature is justified."
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A team of Dutch scientists set out to discover whether being afraid can curdle the blood – an adage used since the medieval times.
As part of a study published in the Christmas issue of the British Medical Journal, researchers assessed the reactions of 24 healthy young adults as they were show the 2010 horror film Insidious as well as the educational film called A Year in Champagne. They found that the levels of protein rose significantly after watching the scary film.
On average, there was a 11 IU/dl (International Unit/decilitre) increase of the protein factor VIII in their blood, which helps the liquid to clot.
Such a rise is associated with a 17 per cent rise in the risk of venous thrombosis. However, the evidence did not show that watching horror films could make a person’s blood clot.
Dr Banne Nemeth, who lead the study, “The underlying biological mechanism of acute fear associated with an increase in coagulation activity is still to be unravelled,” the team’s leader,
"Although it’s not immediately obvious by which means our results could confer clinical benefits, a broader implication of these study results is that after centuries the term ‘bloodcurdling’ in literature is justified."
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Wednesday, 8 October 2014
President Dr. Joyce Banda has invited Lilongwe Vendors to Kamuzu Palace
President Dr. Joyce Banda has invited Lilongwe Vendors to Kamuzu
Palace in fulfillment of her promise to help them move forward in their
businesses.
Confirming the development to Malawi News Agency (Mana), Chairperson for Lilongwe Area 3 Market, Mussa Chimwala, disclosed that they had received an invitation from the State House during the day.
He said one of the issues that they would ask for from the President is that she should assist them with capital and a place where they could conduct their businesses.
“Our Area 3 Market is small to accommodate all of us and the structures are so old that they can collapse at any time. So, we will ask the President to assist us with new buildings and at least a conducive and clean place for business,” he said.
He added that the other thing that they wanted to be assisted with is electricity, portable water and also have the market with a good fence for security purposes.
“If we happen to have a fence at the market, this will help us be secured from theft. We will be able to keep our properties in our respective shops in the market,” said Chimwala.
Confirming the development to Malawi News Agency (Mana), Chairperson for Lilongwe Area 3 Market, Mussa Chimwala, disclosed that they had received an invitation from the State House during the day.
He said one of the issues that they would ask for from the President is that she should assist them with capital and a place where they could conduct their businesses.
“Our Area 3 Market is small to accommodate all of us and the structures are so old that they can collapse at any time. So, we will ask the President to assist us with new buildings and at least a conducive and clean place for business,” he said.
He added that the other thing that they wanted to be assisted with is electricity, portable water and also have the market with a good fence for security purposes.
“If we happen to have a fence at the market, this will help us be secured from theft. We will be able to keep our properties in our respective shops in the market,” said Chimwala.
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Monday, 20 January 2014
Royal Museums Greenwich in London by Edith Kachale Banda
In 2012, the National Maritime Museum, the Queen's House, the Royal Observatory (incorporating the Peter Harrison Planetarium) and the Cutty Sark joined together under a new name: Royal Museums Greenwich.
Located in the beautiful World Heritage Site of Greenwich, these four top attractions welcome thousands of visitors each year.
Take a day to enjoy all that Royal Museums Greenwich have to offer: you can stand in two hemispheres astride the Prime Meridian, touch a 4.5 billion-year-old meteorite, see Harrison's timekeepers and Nelson's uniform, before travelling to the stars in London's only planetarium.
With so many treasures on display, and a changing series of special exhibitions, there's always something new to amaze and entertain you at Royal Museums Greenwich.
Browse the listings below to find out more about each of the attractions, and their current programme of events.
Featured Links
Geoffrey Kachale Banda, Roy Kachale Banda, Kambe Banda, Anjimile Banda, Edith Kachale Banda, Njaliwe Banda, Cecilia Kumpukwe Banda,Anjimile Mtila Oponyo, Oponyo Anjimile Mtila, Banda Geoffrey Kachale,Banda Roy Kachale, Banda Kambe, Banda Anjimile, Banda Edith Kachale, Banda Njaliwe,Banda Cecilia Kumpukwe, Geoffrey Kachale, Roy Kachale, Edith Kachale, Cecilia Kumpukwe
Located in the beautiful World Heritage Site of Greenwich, these four top attractions welcome thousands of visitors each year.
Take a day to enjoy all that Royal Museums Greenwich have to offer: you can stand in two hemispheres astride the Prime Meridian, touch a 4.5 billion-year-old meteorite, see Harrison's timekeepers and Nelson's uniform, before travelling to the stars in London's only planetarium.
With so many treasures on display, and a changing series of special exhibitions, there's always something new to amaze and entertain you at Royal Museums Greenwich.
Browse the listings below to find out more about each of the attractions, and their current programme of events.
Featured Links
Geoffrey Kachale Banda, Roy Kachale Banda, Kambe Banda, Anjimile Banda, Edith Kachale Banda, Njaliwe Banda, Cecilia Kumpukwe Banda,Anjimile Mtila Oponyo, Oponyo Anjimile Mtila, Banda Geoffrey Kachale,Banda Roy Kachale, Banda Kambe, Banda Anjimile, Banda Edith Kachale, Banda Njaliwe,Banda Cecilia Kumpukwe, Geoffrey Kachale, Roy Kachale, Edith Kachale, Cecilia Kumpukwe
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