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Cyber attacks can cost up to $10M; Zomato to soon deliver food using drones

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Thu, Dec 6, 2018 02:48 AM

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Daily Capsule | 6th Decemeber Hello "You are not young anymore." Something we've all heard at one po

Daily Capsule | 6th Decemeber Hello "You are not young anymore." Something we've all heard at one point or another. You are not young enough to experiment or too old enough to start on your own. But are you ever really? Mastanamma wouldn't agree with that. Mastanamma, a woman from South India, passed away at the age of 107. However, she could tell us all a thing or two about starting something new at a really unexpected age. Mastanamma shot to fame as one of the oldest YouTubers when she launched her own YouTube channel in 2016 managed by her grandson and his friend. She became popular on the platform because of her cooking of local and unusual dishes. In her videos, you can see her peeling vegetables, burning her own wood to cook, and serve it on the traditional banana leaf. Talk about being inspiring! So, the next time someone tells you that you are too young or too old to try something new, tell them about Mastanamma! Here's to the "grandmother with a toothless smile", for being such an inspiration. Cheers, Team YourStory --------------------------------------------------------------- Stories you shouldn't miss With small and big businesses moving on to the digital space, cybersecurity has become one of the biggest concerns. If the latest study is to be believed, [a large-sized Indian firm stands to incur a loss of around $10.3 million from cyber attacks](. And this is without taking into account other factors like job losses, as seen in various instances. Every story can be as extraordinary as we choose to see it, and founders shouldn't be afraid to show their authentic and vulnerable selves, says Shradha Sharma, of YourStory in [this episode of #BuildingItup with Bertelsmann]( Drone at your doorstep? One step at a time, food delivery unicorn Zomato is changing the game when it comes to the way how people order food and get it delivered to their doorstep. [The company recently acquired a Lucknow-based startup that works exclusively on drones, TechEagle Innovations](. With this, Zomato aims to create and use technology that will enable delivery of food via drones in the near future. Facilio, the startup offering facilities optimisation using artificial intelligence (AI) and the internet of things (IoT), recently raised $6.4 million during Series A funding. [The round was led by Tiger Global and existing investor Accel Partners](. As for future goals, the funds raised will be used by the team to pursue their expansion and consolidation plans and also for R&D for product innovation. Real estate ecommerce platform [BuildSupply announced it has raised $3.5 million in Series A funding from Venture Highway,]( venture capital company. Other investors participating in this round included Amit Singhal, ex-Head of Google Search, and existing investors Gree Ventures, Sonny Kalsi, GreenOak founder, the Space Matrix Group and the Co-founders of Livspace. “We will use the funds to accelerate our sales and tech hiring…” added Sameer Nayar, CEO and Founder of BuildSupply. The [Federation of Hotel & Restaurant Associations of India (FHRAI) has written to MakeMyTrip and Goibibo, warning them of a nationwide protest, if current issues were "not amicably resolved”](. In a statement, the pan-India federation has alleged that these OTAs’ business practices are "exploitative, unethical and divisive leading to predatory pricing and other market distortions, which has a potential to harm both hoteliers and consumers in the long term". Bose announces the launch of Frames, the audio-only AR sunglasses! Combining the offerings of augmented reality (AR) and its high-tech audio equipment designs, [Bose has finally come up with its own range of AR sunglasses](. Priced at $199, the new-age glasses will not only allow users to stream music but also receive and make voice calls and interact with Siri and Google Assistant. Looking for couple-friendly hotels? We might have traced our way to the outer-space, but when it comes to finding an affordable hotel room for unmarried couples minus any complication – people seem to take two steps back into the obsolete. Joining the bandwagon to solve this gigantic, everyday issue is [Delhi-based hotel aggregator LuvStay, who assures safe, clean, and couple-friendly hotels.]( --------------------------------------------------------------- The Qualcomm Design in India Challenge witnessed some amazing innovations in the areas of medtech, smartinfra and wearables. The platform put the spotlight on Indian product startups working on useful and innovative hardware products. From innovative watches to smart helmets, [check out 5 of the 15 startups who were shortlisted for the 3rd edition of the challenge.]( Got your great business idea off the ground? The Dell Startup Challenge Season 3 can help power you on. Sign-up and you could win Dell technology worth $5000, Dell Vostro laptops a story feature of YourStory and exposure to VCs, [Sign up here.]( -- [Click Here]( to unsubscribe from this newsletter.

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