🏫 PhysicsWallah’s offline play

Start Your Day with YS Buzz: Your 8 AM Snapshot of Today's Top Startup News! 06 February 2024 [View in Browser]( Hello, Tough calls ahead for Paytm. The beleaguered payments company is reportedly in advanced talks with multiple players to [sell its wallet business](. This follows RBI’s order barring it from accepting fresh deposits or top-ups with effect from February 29, 2024. Jio Financial Services’ share price jumped by as much as 15.21% on the back of the news, closing at Rs 292.40 apiece. Meanwhile, BYJU’S continues to face uncertainties. Amid mounting challenges, the edtech company reportedly put on hold its deal with [football icon Lionel Messi]( who was announced as the first global brand ambassador for the edtech firm’s social impact arm, Education For All. In other news, Vanguard, the world's largest issuer of mutual funds, has [slashed the valuation]( of Bhavish Aggarwal-led Ola to $1.88 billion, lower than its latest fair value of $2.65 billion as of August 31. Lastly, it’s an exciting time for scientific research. AI is helping researchers read the hidden [text of a charred scroll]( buried when Mount Vesuvius erupted nearly 2,000 years ago. In today’s newsletter, we will talk about - PhysicsWallah launches physical school - The PCOS-friendly Cinnamon Kitchen - Access Indian healthcare services in MENA Here’s your trivia for today: Which semi-precious stone’s name comes from the Latin word for "sea water"? --------------------------------------------------------------- Edtech PhysicsWallah launches physical school investing in a brick-and-mortar skilling institute, edtech unicorn PhysicsWallah (PW) has ventured into physical schools, broadening its range of educational offerings. The Alakh Pandey-led edtech firm has now launched its maiden PW Gurukulam School in Gurugram, affiliated with the CBSE Board. New start: - PW said the school will offer primary education, spanning from play school to grade 7, with a curriculum framework grounded in the National Education Policy (NEP) 2020. - Founder and CEO Alakh Pandey said that “all-inclusive education, innovation, and culture are the foundational aspects” of the newly launched school that will enrol 400 students in its inaugural batch. - It aims to cultivate well-rounded students with a focus on financial literacy and entrepreneurship, complemented by initiatives like Model United Nations. [Read More]( --------------------------------------------------------------- Funding Alert 1) ANAROCK: ~$25M| Equity 2) Keus: Rs 100 Cr| Equity 3) Wishlink: $7M| Series A --------------------------------------------------------------- Women Entrepreneur The PCOS-friendly Cinnamon Kitchen 2018, around 9 years after she was diagnosed with PCOS, Priyasha Saluja started documenting her journey of healthy eating through her Instagram page. She started sharing recipes, healthy eating habits, and lifestyle tips to encourage mindful living, which gained attention. In 2019, she started the D2C brand The Cinnamon Kitchen. Clean food: - The Delhi-based brand claims to offer 100% gluten-free, preservative-free, refined sugar-free, and flour-free, plant-based D2C products. - Her packaged food business offers a host of products such as fudge, flourless almond cookies, energy bites, bread, flour, and more. Packed and grocery items cost around Rs 350, and cakes are priced above Rs 1,100. - The company has recorded Rs 1,40,000 in sales in its first year. The following year, it saw sales to the tune of Rs 12,50,000, and the company is expecting to close this year (FY 2024) with Rs 6 crore sales. [Read More]( --------------------------------------------------------------- Gulf Access Indian healthcare services in MENA India finds itself at the centre of global medical tourism due to its high-quality healthcare services, cost-effective treatment options, skilled professionals, and diverse specialities. In this landscape, Gurugram-based Global Care—founded in 2009 by Rajeev Taneja—is helping patients across the world, especially those from the Middle East and North Africa (MENA), access the best of Indian healthcare services. Health for all: - Global Care, with its team of 50, provides tailored patient travel plans, including medical assessments, travel arrangements, and overall patient care, facilitating treatment in India, UAE, and Turkey. - The company provides a personal assistant for each patient once they reach their medical destination for treatment. It handles over 2,000 medical consultations and 7,000 inquiries per month, of which over 600 are surgical cases and 1,400 are OPD cases. - It has operations in 25 countries, generating $25 million in annual business and says it has experienced a 130% growth rate in three years. [Read More]( --------------------------------------------------------------- Namaste Doston, TechSparks ki duniya mein aapka phir se swagat hai! TechSparks, YourStory's flagship event, is set for its exciting return to Mumbai at the Grand Hyatt on February 29 and March 1, 2024. It's more than just a conference; it's a hub for the brightest minds in startups and tech. Here, you'll have the chance to engage with India's top investors and business innovators. Whether you're looking to pitch your ideas, seek funding, or form new partnerships, TechSparks is the place to be. This event is an incredible opportunity for networking with a select group of motivated individuals and leaders. It's a platform to share ideas, learn from industry pioneers, and contribute to shaping the future of tech in India. [Get Your Passes Today!]( --------------------------------------------------------------- News & Updates - [Discovery:]( KoBold Metals, a California-based metals exploration company backed by billionaires Bill Gates and Jeff Bezos, said it discovered a vast copper deposit in Zambia. The rare discovery of a large-scale copper deposit could help in the global race to secure a supply of materials critical to the energy transition. - [Acquittal:]( Samsung Electronics Executive Chairman Jay Y. Lee was declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a South Korean Court ruled on Monday. - [Discount:]( Yandex N.V., the Dutch parent company of the eponymous Russian internet giant, is selling the last of its remaining Russian businesses at a steep discount, following geopolitical pressures that emerged from Russia’s invasion of Ukraine two years ago. Here's what else we have for you Rocketship.vc's leaders and cricket legend Shane Watson decode winning formulas in cricket and startups: A special podcast In association with Rocketship.vc Cricket meets venture capital! Discover the striking parallels between the game and entrepreneurial ventures. Insights from cricket legend Shane Watson, Rocketship.vc's Venky Harinarayan and Madhu Shalini Iyer in this must-listen podcast. [Know More]( Did you know? Which semi-precious stone’s name comes from the Latin word for "sea water"? Answer: Aquamarine. 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