Mamaearth has filed for an IPO

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Sequoia-backed Rebel Foods has raised Rs 55 crore ($6.6 million) from Innoven Capital and Trifeca Capital, which invested $12.5 million (Rs 100 crore) each in the company’s previous round of debt in November. This is Rebel Foods’ third debt this year.

A number of other companies such as Attar, Dunzo, Mobikwik and Udan have also joined in the 2010. They raised debt rounds during the ongoing funding summer of 2022.

In its annual funding report, market intelligence firm Tracxn noted that in 2016, 2022 saw a 34% drop in the amount of funding raised by Indian startups, a decline that saw a 45% drop in late-stage investments and also a 38% drop in seed funding.

ICYMI: A look at the 100 largest public companies in the world.

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We will talk about it in today’s newspaper

  • Mamaearth has filed for an IPO
  • Empowering women entrepreneurs
  • The best startup stories of 2022

Here’s your trivia for today: When and where did the first Indian coffee shop open?

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Mamaearth has filed for an IPO

The first unicorn of 2022 and parent of brands like Mamaerth, The Derma Company and Aqualogica, Honasa Consumers Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for the first time. Public Offering (IPO).

Public Show:

  • The amount of the new equity shares is up to 400 crores and the OFS (Offer for Sale) amount is up to 46,819,635 equity shares comprising foreign investors and private shareholders.
  • Honassa plans to use the net proceeds from the IPO to increase advertising goals, build awareness of their brands, establish new product outlets and invest in Blunt’s subsidiary.
  • Mamaearth competes with platforms like Wow Skin Science, Plum, Biotique, The Moms Company, Purple, Nike, and Good Glam Team.

Mamaearth product range

Interview

Empowering women entrepreneurs

In the year Launched by NITI Aayog in 2017, the Women Entrepreneurship Platform (WEP) is a unified destination portal to bring together women from different parts of India and create an ecosystem to nurture their entrepreneurial aspirations.

After two versions, the WEP 3.0 platform now addresses the unmet needs of women taking their first steps into entrepreneurship and thinking about growth and balance in their entrepreneurial journey. Anna Roy, Senior Advisor, NITI Aayog and Mission Director, Women Entrepreneurship Program (WEP) tells us more.

Oil business creation;

  • WEP 3.0 uses state-of-the-art technology and offers Smart Matchmaking with Pan-India.
  • Partner organizations include United Nations, Bill & Melinda Gates Foundation, Human X, MasterCard, SIDBI, Square Panda, Tech Mahindra, CISCO, Atal Innovation Mission, Flipkart and Microsave Consulting.
  • Anna says that apart from hiring professionals, women entrepreneurs need to have basic knowledge of the process, including legal and financial aspects. Founders should be ‘jack of all trades,’ she says.
Anna Roy

Anna Roy

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The best startup stories of 2022

Cryptocurrencies burn, markets crash, investors panic, AI goes mainstream and Elon Musk buys Twitter–2022 is full of chaos. But the year was filled with hope and wonder as the Historic Loss and Damage Fund was established and we were able to catch a glimpse of the distant universe.

And as always, Your story Discover some of the most interesting stories from the Indian startup ecosystem.

Top Picks:

  • Tech 30, a specially curated list of India’s 30 most promising startups, has been the star attraction. Your story TechSparks this year’s list featured startups such as Aerobiosys Innovations, Algorithmic Biologics, BugBase, CARPL, Dextroware Devices, ElectricPe and GalaxEye.
  • In the year Started as a blog in 2010, Internshala is one of India’s top internship portals and offers services like skill training and job listing platform.
  • Then there’s Starscapes, which offers personal observations with professional equipment for observations, astrophotography, and research projects.
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News and updates

  • The Next Step: Globally, travelers continue to prioritize nature tourism as a general well-being need. The travel industry is expected to bounce back in 2023 as it weighs its climate impact and benefits to local businesses.
  • Box office buzz: James Cameron Avatar: The Waterway It has crossed the billion dollar mark at the international box office. Worldwide ticket sales for Disney films reached $1.03 billion, including $317 million from domestic sales and $712 million from international markets combined.
  • Legal challenges: A US appeals court has upheld a lawsuit against Google and several other companies that violated privacy by tracking YouTube activity without parental consent.

When and where was the first Indian coffee shop outlet opened?

Answer: In 1936 at Churchgate Mumbai (then Bombay). The chain was then called ‘Indian Coffee House’.

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