👩🏻‍🏫 Learnings on Teachers’ Day

The most interesting news selected specially for you! 05 September 2024 [View in Browser]( Hello, The Great AI Selloff is setting off a domino effect on global equities. It started with AI heavyweight Nvidia’s shares tumbling 9.5% on Tuesday, wiping $279 billion from its market value as investor optimism on AI cooled amid a tepid US manufacturing report. The ripple effects are far-reaching: shares fell globally on Wednesday, hit by a drop in [tech stocks](. India’s benchmark indices—Nifty and Sensex—took a hit too, and information technology companies logging losses didn’t help either. While we’re on the subject of AI, Goldman Sachs has an interesting view about its future. Artificial intelligence could hurt [oil prices]( over the next decade by potentially reducing costs and boosting supply via improved logistics and resource allocation, the company said in a research note. Too efficient? As writer Aldous Huxley had stated, it only comes at the expense of life. Such productivity comes at a carbon cost—2.5 billion metric tons of [carbon dioxide]( emissions globally through the end of the decade. Reaching net-zero has been a target for decades. But what exactly does it cost to have no greenhouse emissions globally? The scale, as it turns out, is [staggering](. But still, not devoid of hope. In today’s newsletter, we will talk about - Insights from educators on Teachers’ Day - Meat and seafood startups’ many struggles - Connecting students to nature Here’s your trivia for today: What was sportswear brand Nike originally called? --------------------------------------------------------------- Edtech Insights from educators on Teachers’ Day Teachers’ Day, YourStory spoke to some educators who have not only made significant strides in their respective fields but continue to evolve in the ever-changing landscape of education, alongside many others who are quietly shaping the future with each lesson they deliver. Learning: - For Dr Gajendra Purohit, popularly known as GP Sir, a renowned mathematics educator with nearly 1.5 million YouTube subscribers, teaching started with home tuitions for students in grades 9 through 12 while he was pursuing his BSc. - Garima Goel, a Biology NEET educator at edtech firm Adda247, who aspired to be a teacher as early as the 6th or 7th grade, believes that online engagement through YouTube has become increasingly crucial for educational content post-COVID. - Goel, whose YouTube channel has 375,000 subscribers, has been teaching Biology for over eight years, with experience at brands such as Aakash, Career Point, Vedantu, and Unacademy. [Read More]( --------------------------------------------------------------- Funding Alert 1) Invest4Edu: $3M|Seed 2) Goodeebag: $1M |Undisclosed 3) Valyx: $800,000|Pre-Seed --------------------------------------------------------------- D2C Meat startups’ many struggles COVID-19 pandemic saw the rise of online-first meat and seafood startups that wanted to make their mark on the sector. However, these startups are struggling to survive as consumer preferences have largely reverted. And, companies like Licious and FreshToHome have either had to wind down their operations or continue with heavy losses with zero to little gains to show for it in the top line. Bigger fish: - Meat startups’ challenges include expensive cold chain solutions, a saturated market, unpredictable pricing, and ultimately, a lack of sufficiently appealing value additions. - Neighbourhood stores do not invest in high-tech tech stack and cold chain infrastructure solutions, allowing for lower operational costs, which in turn enable them to sell at a lower price—a liberty online meat brands cannot afford. - Since branded cuts on grocery store shelves are too expensive, online food startups have had to go back to industry roots and set up brick-and-mortar shops. [Know More]( --------------------------------------------------------------- Inspiration Connecting students to nature by Saidevi Sanjeeviraja, Bengaluru-based Thicket Tales makes learning fun and interesting for students through nature-immersive experiences like walks, story-telling, and more. The organisation runs a flagship programme called Learn Around Nature, in which it works with middle schoolers from low-income families to help them visualise science and social science through nature immersive experiences. Nature walks: - Learn Around Nature encourages multi-disciplinary thinking applying facts to learn more concepts, connecting subjects in the form of discussion or activities. - The other programme from Thicket Tales, GreenGen Explorers, helps children to connect with the biodiversity of parks with scientific, exploratory outings. - The organisation works with two full-time facilitators—a trained biologist, a science communicator, and an academic director. [Read More]( --------------------------------------------------------------- Application open for Tech30 you a visionary founder at the helm of a startup poised to redefine industries? Look no further than Tech30, the ultimate platform to showcase your innovation. Tech30 is more than just a recognition; it's a catalyst for the future. We're on a mission to bring together India's brightest tech minds to unravel the next big thing. If you're building groundbreaking solutions that have the potential to reshape our world, Tech30 is your launchpad. Join us as we celebrate the pioneers driving India's tech revolution. [Apply for Tech 30]( --------------------------------------------------------------- From the CapTable Google Maps’ price cuts in India was in response to us, not anyone else: MapmyIndia’s Rohan Verma It’s been an eventful few weeks for MapmyIndia, the Delhi-based digital navigation and location services provider that’s been “mapping India” for nearly 30 years. Its results for the year ended March 2024 (FY24) have been impressive, with revenues growing at a compounded annual growth rate (CAGR) of 38%, annual new order bookings swelling by 63%, and profit after tax (PAT) surpassing Rs 134 crore. But of late, MapmyIndia has found itself in the news due to being embroiled in a legal battle against Ola Electric. Once a MapmyIndia customer, Ola Electric is now the newest entrant in India’s digital mapping sector with its homegrown ‘Ola Maps’. While MapmyIndia alleges that Ola has reverse-engineered its licensed product and stolen its data, the Bhavish Aggarwal-owned company, which recently listed on the bourses with much fanfare, has denied any wrongdoing. Even though the matter is sub-judice, there’s no denying that India’s digital maps economy is increasingly heating up with the mushrooming of newer players, the rise of open-source maps, and the aggressive strategic moves made by global incumbents such as Google Maps. “There’s Rs 8,700 crore of business to be had here,” Verma told The CapTable in an interview in mid-August. “But a map is not a software. To build a map, you have to collect data across 3.3 million square kilometres of India,” he said. [Continue Reading]( --------------------------------------------------------------- News & Updates - [Approved:]( Britain's competition regulator cleared Microsoft's hiring of some former staff of Inflection AI and its partnership with the startup and said the deal did not require a deeper investigation. - [Shelved plans:]( Volvo Car abandoned its target of having a fully electric lineup by the end of the decade, saying it was still likely to sell some hybrid models as the market faces an increasingly bumpy transition to electric vehicles. - [Setback:]( Intel's contract manufacturing business has suffered a setback after tests with chipmaker Broadcom involving sending silicon wafers through Intel's most advanced manufacturing process—known as 18A—failed. Here's what else we have for you Oleria accelerates Bangalore expansion, fuelling identity security innovation In association with Oleria Identity is the new perimeter for attackers. Is your business ready to defend it? As identity-related cyberattacks skyrocket, Oleria’s innovative solutions are redefining how businesses secure their most valuable asset—data. The company has recently grown its presence in Bangalore, India. Explore how this new team is at the forefront of this revolution. [Know More]( --------------------------------------------------------------- Did you know? What was the sportswear brand Nike originally called? Answer: Blue Ribbon Sports. We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail nslfeedback@yourstory.com. If you don’t already get this newsletter in your inbox, [sign up here](. For past editions of the YourStory Buzz, you can check our [Daily Capsule page here](. [Feedback]( [Unsubscribe]( [Newsletters](