🐶 Shoes for dogs 👢

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August 07, 2022

Hello Reader,

"Who run the world? Girls."

And Beyoncé wasn't wrong.

On Saturday, at Commonwealth Games 2022, the Indian women's cricket team scripted history by securing the country's first-ever cricket medal by defeating England by four runs.

In other news, Jagdeep Dhankhar has been elected to be the next Vice President of India.

Meanwhile, New York is set to welcome a two-day pop-up restaurant, which will serve catfood-inspired dishes…to humans. On August 11 and 12, the "Gatto Bianco by Fancy Feast" event will serve dishes made by catfood company Fancy Feast's in-house chef Amanda Hassner, in collaboration with Michelin Star-winning chef Cesare Casella.

The purr-fect feast? Reality is really stranger than fiction.


In today's newsletter, we will talk about

  • Shoes for dogs

  • Earn money by betting on news
  • Inside Pine Labs' journey

Here's your trivia for today: When was the first Wimbledon Championship held?

D2C

Shoes for dogs

From pebbles and broken glass to hot pavements and roads, there are several things that can hurt a dog's paws. Enter Zoof Pets, which, according to the founders Aneesha Pillai and Deepak Gupta, is the only startup in India to design and manufacture dog shoes.

The Mumbai-based startup is bootstrapped and says it generates enough revenues for the founders to plough money back into the business to make more products and iterations.


Paw protect:

  • Zoof Pets makes five kinds of shoes—Boots (the flagship product), Casuals, Plops, Grips, and Ethnic, each serving a different purpose.

  • The startup has sold around 10,000 sets in India in three years. It also sells a type of raincoat, waterproof collars, leashes, and a paw balm for dogs.

  • The price of Zoof Boots, which are sold as a set of eight pieces, starts from Rs 799.

Read More

Apps

Earn money by betting on news

Given the influx of news on social media sites like Facebook, Instagram, Twitter, or WhatsApp, it is often difficult to differentiate between information and opinion.

Aware of this problem and keen to do their bit to resolve it, IIT Roorkee alumni Divij Goyal and Ankit Shrivastava started TradeX, a trading platform for future events, in January 2021. The app was also a part of Y Combinator's Winter 2022 cohort.


Bet on news:

  • TradeX lets people trade on "opinions that matter to them" and "events that affect their daily life", be it politics, COVID-19, Bollywood, or entertainment.
  •  The prediction market startup works as a new-gen stock exchange, letting people use their opinions to earn money.

  • The app has more than 5,000 downloads on Apple's App Store and 500,000 downloads overall. 

Read More

Fintech

Inside Pine Labs' journey

When it was founded in 1998 by Lokvir Kapoor, Pine Labs' main focus was smartcard-based payment and loyalty solutions for the retail petroleum industry. Eleven years later, in 2009, it entered the world of mainstream payments, offering solutions to merchants and connecting them with banks and financial services providers.

In 2021, the Sequoia-Capital-backed firm raised $600 million from US-based asset management firm Fidelity, Blackrock, and others, followed by a $100-million fundraise from US-based Invesco Developing Markets Fund. YourStory takes a deep dive into the journey of the merchant banking and lending company.


The making of Pine Labs:

  • In 2012, the company launched its first unified point-of-sale (PoS) platform using cloud technology to drive retail revenues and reduce costs.

  • The first customers of the payment platform were Future Group and Shopper's Stop.

  • Last year, the company launched a payment gateway, Plural, to help new-age direct-to-consumer brands accept digital and credit-linked payments.

Read More

News & Updates

  • Record losses: Even as investors are warming to technology stocks again, Masayoshi Son's SoftBank Group Corp. just can't win. Shares of the Japanese giant have nearly halved since last year's peak, pummeled by a selloff in its publicly traded investments.

  • Show your work: Elon Musk said that if Twitter could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms.

  • Quality tales:  Ford used to tout the reliability of its vehicles in ads. After a string of recalls, the automaker is trying to change how it finds problems. In the first seven months of 2022, it had 46 separate safety recalls on 6.8 million vehicles, more than any other US automaker.

Upcoming YourStory Events

Join us for a virtual event on Aug 26, 2022 for the launch of YourStory's Health360 Summit, a series of events that aims to delve deep into the roots of India's healthcare ecosystem- investigating its vulnerabilities to safeguard its future.

Register Now

Here's what else we have for you

India's biggest retail tech event Converge @ Walmart is back

In association with Walmart

Scheduled for September 16, #ConvergeAtWalmart2022 will be a high-energy, immersive virtual retail tech event. Don't miss this opportunity to learn about emerging retail-tech trends through catalysing conversations and discover breakthrough innovations that are transforming the retail landscape. 
#ConvergeAtWalmart2022

Know More

India gets relief from expensive and complex neurosurgeries as neuronavigation comes to rescue

In association with RXOOM

80–90 percent of people with epilepsy in developing countries are inadequately treated. To that end, Dr Nilesh Kurwale, Sanjay Sawwalakhe, and Dr Sundar Rajan came together to launch the NeuroSAPIR Surgical NeuroNavigation System. Read on to know its benefits!

Know More

How QuilinX is revolutionising technology staffing with high-performing tech talent

In association with QuilinX

Find out how childhood friends Harsh Singh and Gautam Sethi are addressing the pain point of technology-led companies – finding the right talent to drive business – with their startup QuilinX. The platform is aimed to build a developers' community to serve startups and organisations looking to engage skilled tech talent for building tech solutions.

Read Here

From a "small-town girl" to the MD of Warner Bros. Discovery, meet media maverick Megha Tata

In association with AWS

AWS and YourStory's 'HER Leadership' series - featuring interviews with some of the most successful and prominent enterprise business leaders in India - releases the latest episode of Season 2 with media veteran Megha Tata. "It is the moral responsibility of women who are in power to come out, speak up and share the stories of their struggles and success, so that others could take a cue," she tells Chandra Balani, Head Global Enterprise India & Lead - ID&E initiatives, India, AISPL. Read the story to know her thoughts on diversity and inclusion, important leadership lessons, and more.

Read More

What you should watch out for

  • Prime Minister Narendra Modi to chair NITI Aayog's governing council meeting.

  • CWG 2022: Indian women's cricket team to play in the final.

  • The ISRO will launch its smallest commercial rocket SSLV.

  • Today is National Handloom Day.

Did you know?

When was the first Wimbledon Championship held?

Answer: The inaugural Wimbledon Championship began on July 9, 1877. Only the Gentlemen's Singles event was held, which was played by 22 men.

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