TBC Weekly - Your network is your net worth
TBC Weekly, an interesting and easy-to-read summary of the past week at The Builder's Club. Keep Reading and Keep Building!
Hello Builders,
A very Happy Rakshabandhan to all of you❤.
Rakshabandhan is celebrated all over India. It celebrates the love of a brother and sister. The house is filled with a positive vibe. Mom preparing tasty dishes, sisters bringing delicious sweets, and brothers bringing gifts for them.
This Rakshabandhan, I tried something different and one of the gifts that I gave to my sister was a few shares that I had owned for the past year. Over the long term, these shares will definitely appreciate in value and so, it sounded a perfect gift idea to me.
What did you gift your sister? Do share with me in the comments below.
And now, let’s get started with this week’s recap!
>Founders Ideation and Networking Meetup 💡
The builders asked for a networking session and a quick meet was organized. It was an informal and chilled meet. A lot of new builders, who recently joined, introduced themselves to each other. It was like an ice-breaker session. Builders shared their startup ideas, and actively participated in the discussions. They connected with each other quickly.
That is the vibe of the club. It is easy for people to connect with people of their choice, and their importance. The in-club virtual meetup ended on a good note, with builders demanding such sessions on a regular basis.
>News of the Week 📰
Myglamm acquires babychakra
Direct-to-consumer beauty company MyGlamm has acquired parenting platform BabyChakra to expand its operations in South Asia. With this acquisition, MyGlamm and Baby Chakra will be investing Rs 100 crore in building a mother-and-baby content-to-commerce platform over the next three years, the company said in a statement.
Patanjali FPO
Patanjali Ayurved Ltd, which owns 98.9% of Ruchi Soya Industries Ltd, is planning the upcoming follow-on public offering (FPO) of the edible oil maker in such a way that the pricing of the shares is well-balanced from the perspective of both existing and incoming shareholders, founder Baba Ramdev said.
Dream 11 launching Dream Capital Fund
Dream Sports, the parent company of India's only gaming unicorn Dream11, has set up a $250 million corporate venture capital (CVC) fund to invest in sports, online gaming, and fitness-tech startups. DreamCap will offer patient capital ranging from $1 million to $100 million to startups that have a disruptive technology, great products, data insights, and a growth model. The entire corpus is financed by Dream Sports' own balance sheet.
Rapido Funding
Bike taxi platform Rapido has raised a $52 million funding round from Shell Ventures, Yamaha, Kunal Shah CRED Founder, Amarjit Singh Batra CEO Spotify India, and Positive Moves Consulting. The round also witnessed continued support from existing investors including Pawan Munjal of Hero Group, Westbridge, Nexus Ventures, and Everblue Management.
Mark Cuban invests in Polygon
Homegrown blockchain technology firm Polygon has received a “sizeable investment” from US-based billionaire entrepreneur Mark Cuban, in lieu of its tokens, co-founder Sandeep Nailwal told ET. Polygon (Matic) has been added to Cuban's portfolio of companies with a description that read, "Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development."
>All about Marketing with Romi Chugh - Office Hours 💼
Romi Chugh conducted an Office Hours session for the builders. The fellow builders came up with their doubts and problems related to marketing. It was a valuable consulting session, where startup founders and aspiring entrepreneurs got solutions to the problem that they were facing, from the “Marketing Guru” himself.
Romi Chugh is an experienced business leader, and the founder of SpareIt, the largest B2B automotive aftermarket platform in India. His passion is for design, brand, and marketing. His experience includes -
Marketing & Branding for Guns N Roses India tour 2012
Marketing & Branding ‘Indian Aces’ - tennis team (part of Mahesh Bhupathi’s IPTL)
Marketing & Branding for large international hotel chains in the Maldives
>Watercooler Conversation with Jaineel Aga - Startup F*ckups that no one talks about - 2 🎙
Jaineel Aga is the CEO of Planet Superheroes, India's only omnichannel consumer brand dedicated to licensed character merchandise like Superheroes, Cartoons & Comics. He is an Ex-Management Consultant and Investment Associate.
Jaineel shared with the builders, the loopholes in the startup ecosystem of India and the mistakes that they can avoid during the process of their entrepreneurial journey. He also shared his entrepreneurial journey, the setbacks he faced, and how he overcame those. It turned out to be a super-valuable session for our builders who enjoyed this session, which almost felt like a business consulting / advisory to many of the builders.
Podcast releasing soon 🎧
Meanwhile, you can binge-listen our past Podcasts with amazing entrepreneurs and fellow builders here.🎙
If you liked our wholesome podcast content and want to be a part of one and other exciting discussions that we have at The Builder’s Club, you know what to do. 👇👇
About Us
The Builders Club is a community of startup founders & Enthusiasts who help each other build great products and businesses. You can join the community here.
P.S: To stay updated with the regular happenings in the community, one can join The Builders Club Updates Whatsapp Group