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Welcome to another edition of NextBigWhat’s curated newsletter - wherein we bring you all the important news and updates from the wild web.
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Getting on with today’s updates - well, Urban is the word.
Urban Ladder co-founder Rajiv Srivatsa quits
Question: How do you think battery management systems in electric vehicles work?
Well, we interviewed founder of a startup which is disrupting battery management in EV space.
Here is what really sets the battery of an electric vehicle apart from the fuel tank of a conventional vehicle:
Firstly, safety. When operated at a constant voltage, while drawing large amounts of current, the temperature of the vehicle may sharply rise due to thermal runaway. Thanks to the volatile composition of a lithium-ion battery, it might even catch fire. This obviously risks the safety of the vehicle and passengers.
UrbanLadder cofounder and CPTO, Rajiv has quit the company.
The last 8 years have been an outstanding journey building Urban Ladder (UL). I will transition out of my active leadership role as CTPO at UL at the end of this month. I will continue to be an engaged shareholder and Board member, and work with Ashish on strategic initiatives (via).
On a sidenote, UrbanLadder’s investor Vani Kola too has stepped down from the board seat. Urban Ladder’s revenue stood at Rs 205 crore, on a loss of Rs 117 crore, in the fiscal year ended 2018 (via).
One more Urban.story.
UrbanClap trims categories
UrbanClap will focus on two categories — beauty and home — and shut down other non-core businesses, including wedding services and photography, [co-founder Abhiraj Bhal]
“Internet marketplaces will not get built on a light-touch model. There may be a few exceptions, but broadly a transaction platform can only survive and thrive if supply side is extremely dependent on the marketplace for livelihood and sees immense value,” Bhal said, via.
Now, let’s get Urban++, i.e. Elite.
Finally, Apple starts selling locally assembled iPhone XR in India
The ‘Made in India’ branding finally kicks off, as was seen on Twitter and other social media platforms.
These devices are made in Foxconn’s India factory and is helping Apple drop the device price.
2020: Expect iAttack.
Next AMA
We have announced next online AMA (ask me anything) session.
Topic: Scaling Distribution,Lead and Sales Strategy for SAAS startups [Avlesh of WebEngage]
With: Avlesh, WebEngage founder and CEO
When: October 23rd
Timing: 7- 8 PM IST
Where: @NextBigWhat’s Facebook Community.
Ola is pakaying khichdi
Ola Foods has Plans for its Khichdi Experiment
We have taken the shift from a food delivery company to a food-first company. The focus now is to create a portfolio of own brands, which we believe is a prominent opportunity, and a long term asset,” [Pranay Jivrajka, CEO, Ola's food business / via]
Ola Foods has opened its first physical store for Khichdi Experiment in Bengaluru.
3 months for memes
Internet disrupting democratic polity, new rules in 3 months: Govt
Underlining that the “Internet has emerged as a potent tool to cause unimaginable disruption to the democratic polity”, the Centre Monday informed the Supreme Court it will take another three more months to revise and notify “extant rules” for “effective regulation of intermediaries” such as social media platforms “keeping in view the ever growing threats to individual rights and nation’s integrity, sovereignty, and security”. [via]
You see, the govt is so concerned about ‘you’. So sweet!