The founder of Curefoods predicts a fundamental shift in the industry’s future, one that will shape the next million customers This shift revolves around the emergence of a new category of consumers – those seeking daily convenience This transformation holds the opportunity for a significant increase in the frequency of food orders on online platforms In the ever-evolving landscape of online delivery services, one can trace the journey of early movers and the shifting preferences of consumers over the years. Ankit Nagori, the founder of Curefoods, predicts a fundamental shift in the industry’s future, one that will shape the next million customers. This shift revolves around the emergence of a new category of consumers – those seeking daily convenience. These individuals will turn to online food delivery and not just for special occasions, according to Nagori. “I am slowly seeing a change in the industry which indicates that the next million customers will come from that segment where people are seeking convenience, people who are ordering it daily because they don’t want to cook,” Nagori said while speaking at The D2C Summit 2023 organised by Inc42. While this transformation holds the opportunity of a significant increase in the frequency of food orders on online platforms, the industry must focus on improving the quality of food, packaging, delivery, and overall user experience to cater to this evolving customer base, he added. Moreover, foodtech giants such as Zomato and Swiggy are also talking about making food ordering a daily habit, Nagori said, adding that brands such as Curefood’s Eatfit are expected to play an important role in this transition. The online food delivery revolution began with deal seekers – individuals who embraced the discounted meals delivered to their doorstep. Then, in the last five years, the online food delivery industry witnessed a significant shift towards entertainment. Consumers increasingly turned to these platforms for a variety of reasons, from enjoying a movie night to seeing gatherings at home, Nagori said. This change was more catalysed by the pandemic. Founded in 2020 by Ankit Nagori, Curefoods claims to run more than seven food factories and 150+ multi-brand cloud kitchens to service 200+ locations in 15 cities. Besides Eatfit, the startup houses brands such as CakeZone, Nomad Pizza, Frozen Bottle, and Sharief Bhai, among others. Earlier this year, Curefoods raised INR 300 Cr (around $37 Mn) in a funding round led by Binny Bansal’s fund Three State Ventures, which invested INR 240 Cr.
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The Battle Over Books3 Could Change AI Forever
Butterick disagrees. “A lawsuit can stop them,” he says. “If we prevail.” One thing everyone WIRED spoke with could agree upon? All this increased scrutiny on data sets has made AI’s big players shy away from transparency. Meta is the prime example. It openly shared the data sets used to train the first version of its ChatGPT competitor Llama, including Books3. Now, it’s tight-lipped about what is used for newer versions. “It behooves these companies to be opaque about their sources,” McCarthy says. Knowing they’re likely to face lawsuits if they fess up to using copyrighted material in their data training sets is a powerful deterrent. This, in turn, will make it harder for writers to know when their copyright is potentially infringed. Right now, it’s up to AI companies whether or not to disclose where their training sets come from. Without that information, it’s next to impossible for people to prove that their data was used, let alone ask for it to be removed. While the European Parliament has passed a draft law of AI regulations that would require increased data transparency, those regulations are not yet in effect, and other regions lag far behind. This fight cuts to the heart of the often vicious disagreements about what role AI should have in our world. Copyright law exists to balance the rights granted to creators with the collective right to access information, at least in theory. The battle over Books3 is about what this balance should look like in the age of AI. Presser believes that if OpenAI has access to this kind of data set, the public deserves access to them too. From this perspective, attempts to crack down on Books3 may end up calcifying the industry, preventing smaller companies and researchers from entering without doing much to stop the current big players. Copyright law exists to balance the rights granted to creators with the collective right to access information, at least in theory. The battle over Books3 is about what this balance should look like in the age of AI. Pam Samuelson, a copyright lawyer who co-directs the Berkeley Center for Law and Technology, concurs that a crackdown might benefit big corporations that have already been using the data sets. “You can’t do it retroactively,” she says. She also thinks regulations may change the landscape of where big players congregate. Countries like Israel and Japan have already adopted lax stances on AI training materials, so tighter rules in the EU or US may promote what she calls “innovation arbitrage,” where AI entrepreneurs flock to the nations friendlier to their ideas. The heart of this fight boils down to whether we accept that generative AI training on copyrighted material is an inevitability. This is the stance Stephen King recently took after finding out that his work is in Books3. “Would I forbid the teaching (if that is the word) of my stories to computers? Not even if I could. I might as well be King Canute, forbidding the tide to come in. Or a Luddite trying to stop industrial progress by hammering a steam loom to pieces,” he wrote. Idealists who want to wrest back control for creators, like Butterick and Hedrup, aren’t yet willing to give up the fight. There’s a movement to make generative AI training shift into an opt-in model, where only work that is in the public domain or freely given goes into the data sets. “It doesn’t have to just be about scraping data sets off the web without permission,” emerging technology researcher Eryk Salvaggio says. If AI companies are pushed to scrap the work they’ve made on copyrighted materials and begin anew, it would certainly upend the current playing field. (Less certain? Whether it’s remotely possible.) In the meantime, there are already stopgap efforts to persuade generative AI groups to respect the wishes of people who wish to keep their work out of data sets. Spawning, a startup devoted to this type of tool, has a search engine called “Have I Been Trained?” that currently allows people to check if their visual work has been used in AI training data sets; it is planning to add support for video, audio, and text next year. It also offers an API that helps companies honor opt-outs. So far, StabilityAI is one of the major players to adopt it, although Spawning CEO Jordan Meyer is optimistic that companies like OpenAI and Meta might one day get on board. And Meyer recently made contact with another potential collaborator: Shawn Presser. After everything, Presser does want to help creative types feel they have some control over where their work ends up. “I think it’s totally reasonable for people to be able to say, ‘Hey, don’t use my stuff,’” he says. “That’s like a basic sort of tenet of the internet.”
Xiaomi Uniblade Trimmer with rotary dial launched in India, priced at Rs 1,499
Xiaomi Uniblade Trimmer is here. Xiaomi has added a new product to its lifestyle category with the launch of Xiaomi Uniblade Trimmer. This new trimmer from Xiaomi comes with a rotary dial which enables the users to trim, shave and style their hair. The company claims that the new grooming tool is easy to use and it also comes with an electric shaver.Price and availabilityThe Xiaomi Uniblade Trimmer comes with a price tag of Rs 1,499 and will be available online on mi.com, Flipkart and Amazon. The device will also be available offline on the Mi Home stores. The company is also offering a one-year warranty with the trimmer.Xiaomi Uniblade Trimmer featuresAs mentioned above, the trimmer features a rotary dial and an adjustable trimming comb. The new shaving tool sports a cutting-edge three-way blade that ensures a smooth shave. It also comes with a dual-edge blade that tackles longer hair, while the central foil eliminates any remaining stubble. This three-way blade manages varying lengths and thickness, even handling bent or flat-lying hair delivering an effortless shaving experience and leaving the skin smooth.The blades of the Xiaomi Uniblade Trimmer are made of high-carbon steel, ensuring its durability and sharpness. The trimmer comes with a flexible head that can pivot at a 40° angle, adapting to the different facial contours, ensuring a close shave without causing any irritation or discomfort. The grooming tool comes with an IPX7 rating which makes it water-resistant. The device comes with a USB Type-C charging port and it promises to deliver 90 minutes of battery backup on a single charge.
iPhone 15 Could Hit Indian Shelves Simultaneously With Global Launch
Apple is set to launch the latest iPhone in India in mid-September, cutting the delay short by several days Given the fact that Foxconn has already started manufacturing the iPhone 15, the delay, if any, will be only a few days 35% of all electronics exports and 66% of total mobile exports in the first quarter of FY24 were iPhones during the June quarter of FY24 Apple is contemplating unveiling the iPhone 15 around the same time (September 12th) in India as its global launch, reducing the lag significantly. According to sources cited by the ET, Apple is set to launch the latest iPhone in India in mid-September, cutting the delay short by several days. The Cupertino-based tech giant also launched the iPhone 14 in India at the same time as the world, though the Pro models were introduced to India almost three weeks later. With India emerging as a key manufacturing hub for iPhones, Apple might launch its latest model in the country simultaneously with the rest of the world. Media reports from last month also suggested that Foxconn has already started manufacturing the iPhone 15 in its Chennai plant. Foxconn had also begun producing the iPhone 14 within ten days of the global launch, though it took a month for made-in-India iPhones to reach the local market. This year, since Foxconn has already started manufacturing the iPhone 15, the delay, if any, will be only a few days, per the people cited above. Apple’s PLI-Boosted Manufacturing In India The manufacturing boost in India comes as the country already accounts for 7% of Apple’s global production, up from less than 1% before 2021 and the start of the production-linked incentive (PLI) scheme for smartphones. Even though it is a carrot-and-stick situation, Apple has become the largest smartphone exporter in India. In 2022-23, Apple manufactured over $7.5 Bn of iPhones in India, of which around $5 Bn were exported, making Apple the country’s single largest mobile phone exporter. Apple’s bullishness also pushed India’s mobile phone exports to over $11.1 Bn, a 91% increase over the last financial year. Foxconn, Wistron and Pegatron, three of Apple’s contract manufacturers active in India, have also committed exports of INR 61,000 Cr in FY24 for the third year of the PLI scheme for smartphones. The companies are also well on their way to achieving the milestone – the June quarter of FY24 saw iPhone exports cross INR 20,000 Cr, nearly five times higher on-year. The iPhone has become the single largest contributor to electronics exports from India; 35% of all electronics exports and 66% of total mobile exports in the first quarter of FY24 were iPhones.
Unlocking Tech Secrets with Raj Kapoor | Metaworse, NFTs, and AI Explained | Crossroad Times Podcast
Connect with Mr. Raj Kapoor:- https://www.linkedin.com/in/indieblock/ Mr. Kapil (KK) https://www.linkedin.com/in/kapil-kumar-kk-9bb5452a/ 9953031985 🎙️ Welcome to CROSSROADTIMES – Your Gateway to Success and Inspiration! 🌟 Join us for an exhilarating episode featuring Mr. Raj Kapoor, renowned as the ‘Godfather of Technology.’ As the Founder of India Blockchain Alliance & Blockchain Governance Council, Metafluencer, International Keynote Speaker, Web 3.0 Whiz, G20 Speaker, Start-Up Advisor, Blockchain Influencer, TeDX Speaker, Web3 Author, and AI Expert, he’s a true industry luminary. Hosted by Mr. Kapil Kumar, a seasoned investor and growth expert, In this captivating episode, we uncover the secrets behind Mr. Kapoor’s legendary status in the tech industry. Discover why he’s hailed as a Technology Superstar and the Father of Metaworse. 🧙♂️ Witness the inspiring story of a late-blooming coder who embarked on a coding odyssey at the age of 48. 🧠 Explore the limitless possibilities of blockchain technology as we delve into its real-world applications and the impact it’s making across diverse industries. 💼 Unravel the enigma of Metaworse, a game-changing concept that’s reshaping the tech landscape. 💎 Get a masterclass on NFTs (Non-Fungible Tokens) and their role in shaping the digital economy. 🌐 Peer into the future of Artificial Intelligence (AI) as Mr. Kapoor shares his insights and predictions about this rapidly evolving field. 🤖 Finally, dive deep into Project SEA, a visionary endeavor that charts the course for the future of AI. 🚀 Timecodes:- 🕒 00:00 – Introduction: 🌟 🧙♂️ 02:00 – The Metaworse Revelation 💡 07:05 – Learned Coding at age of 48 🌐 09:30 – Blockchain Applications 🌠 14:03 – Unraveling Metaworse 🚀 23:29 – Mastering NFTs 🤯 30:38 – AI’s Futuristic Realm 🌊 39:14 – Project SEA #BlockchainRevolution #AIandFuture #Metaworse #NFTExplained #IndianTechInfluencer #InnovationInTech #RajKapoorPodcast #CrossroadTimes Crossroadtimes :- We believe in empowering you with the knowledge and strategies to unleash your full potential. Whether you’re an aspiring entrepreneur, a go-getter looking for inspiration, or an industry expert seeking valuable tips, this channel is your ultimate resource. 🎥 Each video is carefully crafted to provide you with actionable advice, thought-provoking discussions, and real-life experiences that will elevate your business and personal life. 🔔 Hit that subscribe button and ring the notification bell so you never miss a moment of our content. Join our vibrant community of like-minded individuals and be part of a journey that leads to success, fulfillment, and continuous growth. 🌟 Let’s thrive together, overcome challenges, and celebrate achievements as we navigate the path to greatness. Are you ready to embrace the limitless possibilities? Subscribe now #CROSSROADTIMES and let’s unlock your potential together! 🚀✨ ——————————————————————————— ✅ Follow Crossroad Times Social media Handles :- Facebook :- @crossroadtimes https://www.facebook.com/crossroadtimes Instagram :- @crossroadtimes https://www.instagram.com/crossroadtimes/ Linked.in :- @crossroadtimes https://www.linkedin.com/company/crossroadtimes/ Twitter :- @crossroadtimes Tweets by CrossRoadTimes 🎉 Calling all Achievers and Visionaries! 🌟 If you have a remarkable success story to share, an inspiring journey that the world needs to hear, or valuable insights that can ignite growth, we want to hear from you! 📩 Contact our passionate podcast team at crossroadtimes@gmail.com and let’s create magic together! 🎙️ Whether you’re an accomplished entrepreneur, an industry trailblazer, or someone who’s overcome significant challenges, we’re eager to showcase your achievements and inspire our global audience. More :- WWW.CROSSROADTIMES.COM source
Iphone 15 India Launch: iPhone 15 India launch: Here’s what may be ‘different’ this time
Apple is all set to unveil the latest-generation iPhones on September 12 this month. The company has sent out invites for the event scheduled to be held at the company’s Apple Park headquarters in California. The invite features a Thanos snap-like graphic accompanied by the word “Wonderlust”. While the event will also see the launch of new Apple Watch and may new MacBook or AirPods; the Apple iPhone 15 series will certainly be the centerpiece of the event. As for India, new iPhones have been launching in India in the first wave itself for almost 5 years now, starting with Apple’s tenth-anniversary iPhone, iPhone X. Apple iPhone X was the first-ever iPhone to launch in India on the same date as its global launch. Since then, largely all iPhones have gone on sale in India at the same time as in the US. This year seems to be no different. Apple fans can expect to buy iPhone 15 series almost at the same time as the fans in the US and other parts of the world where the devices launch in the first wave. Ready for a new milestone with iPhone 15However, what may be the big change this time is the timing of the ‘made-in-India’ iPhone 15. According to a report in Economic Times, Apple is aiming for a new milestone in the country with the launch of its latest model. The US smartphone major is reportedly working towards unveiling the iPhone 15, made in Foxconn’s Chennai unit, mid-September – narrowing the lag with the global launch to a few days, if not a simultaneous reveal in India. The report quotes people aware of the matter.In 2022, Foxconn’s factory in Chennai started manufacturing iPhone 14 within 10 days of the global launch, while it took around a month for made-in-India iPhones to reach the market. This year, the gap, if any, is going to be a few days, as all preparations for mass production of iPhone 15 are well underway. Trial production of the iPhone 15 reportedly started in China in June, at Foxconn’s Zhengzhou factory. Components started coming into Foxconn’s Indian facilities around the same time.Exports likely to start in December 2023Apple is planning the India-made iPhone 15 series devices to initially cater to the local market as the demand is expected to surge in India during the festive season. Post December, the company may reportedly start iPhone 15 exports, including to Europe and the US.India accounts for 7% of Apple’s global production, from less than 1% prior to the start of the production-linked incentive (PLI) scheme for smartphones in 2021. In the June quarter of FY24, iPhone exports from India crossed Rs 20,000 crore, or roughly half of what it had achieved in all of FY23 and a surge of nearly five times on-year. The iPhone is ranked as the single largest contributor, constituting 35% of all electronics exports and 66% of total mobile exports in the first quarter of FY24.
Microsoft: Microsoft is ‘killing’ this 28 years old app on Windows, here’s how you’ll be affected
Earlier this week, Microsoft announced that it is planning to depreciate WordPad — an app that has been a part of the Windows operating system for almost 28 years, reports Bleeping Computers.When Microsoft will discontinue WordPadWordPad has been a part of the Windows operating system since the days of Windows 95. It has been almost 28 years since the app was first released. With the upcoming Windows update, Microsoft has announced its plans for discontinuing the native and free word processing app. According to the report, future Windows updates will discontinue the word processors. That said, Microsoft hasn’t confirmed any specific date for this as of now.Noteworthy part is that Microsoft has already made WordPad an optional app since Windows 10 Insider Build 19551 update. The change also rolled out in stable builds and users now have the option to uninstall apps via Windows’ Optional features control panel.What options users will have apart from WordPadThere’s no shortage of word processing apps and services today. There are several open source word processors available in the market. Some of them are completely free. Talking about Windows, Microsoft has its own Notepad app for basic word processing or there’s the Microsoft Word (requires Microsoft 365 subscription) for advanced word processing. Then there’s Google Docs that lets users edit any word file format online without even downloading any separate app on the device.Then there are LibreOffice, Zoho Docs, WPS office and several other third-party word processing apps. How users will be affectedFirst and foremost, we don’t know many people who use WordPad as their go to word processing software. Even though there are some users who rely on this will have enough alternatives to move to. Meaning, WordPad getting depreciated won’t affect users much.
Pragyan: Chandrayaan 3 Rover put to sleep: What this means and what happens if it does not wake up
Chandrayaan 3’s rover ‘Pragyaan’ has completed its assignments on the lunar surface and set into sleep mode, Indian Space Research Organisation (ISRO) has announced. The space agency’s announcement came just hours after ISRO chief S Somanath said that the lunar mission’s rover and lander, ‘Pragyaan’ and ‘Vikram‘, respectively were functioning well and they would be put to “sleep” soon to withstand the night on the Moon.“The Rover completed its assignments. It is now safely parked and set into Sleep mode. APXS and LIBS payloads are turned off. Data from these payloads is transmitted to the Earth via the Lander,” ISRO said in a post on social media platform X, formerly Twitter.Sunday, which is the 12th day since India achieved the historic soft-landing on the lunar surface, will see both Vikram and Pragyan retire for the night, Chandrayaan-3 project director P Veeramuthuvel told TOI in an exclusive interaction. “If we look specifically at the rover, we’ve managed to cover more than 100 meters in just 10 days, while several other missions that have lasted longer, even as long as six months, have only managed 100-120 meters,” Veeramuthuvel said. “This means the command to put the rover to sleep has been enabled and it will go to sleep only Sunday as there are some tests that need to be done,” Veeramuthuvel explained.What if Chandrayaan 3’s rover ‘Pragyaan’ does not wake up“Currently, the battery is fully charged. The solar panel is oriented to receive the light at the next sunrise expected on September 22, 2023. The receiver is kept on,” added the post. The post further added, “Hoping for a successful awakening for another set of assignments! Else, it will forever stay there as India’s lunar ambassador,” explaining a scenario of what happens in case the Chandrayaan 3’s rover ‘Pragyaan’ does not wake up. On why an early sleep mode given that the designed life of the lander and rover were 14 Earth days, Veeramuthuvel said, “We cannot count the first two and last two days. The lunar day began on August 22 and our landing was almost at the end of the second day. From there, both Vikram and Pragyan have performed exceptionally to exceed our expectations. All mission objectives have been met and we will enter sleep mode tomorrow (Sunday).”In its short life on Moon, Pragyan is reported to have completed traversing more than 100 meters as of September 2, which marked the 10th day of its deployment, which happened early on August 24, several hours after Vikram’s soft-landing on August 23.“If we look specifically at the rover, we’ve managed to cover more than 100 meters in just 10 days, while several other missions that have lasted longer, even as long as six months, have only managed 100-120 meters,” P Veeramuthuvel, Chandrayaan-3 project director, told TOI.
Marico Owned Plix’s Cofounder On The Role It Plays In Startup Exits
Founders must decide whether it’s the right time to continue, and secure funding at a potentially lower valuation, or to pursue an exit, said Rishubh Satiya Startup cofounders looking to raise funds at a higher valuation should think on the lines of VCs as to whether they have the capacity to increase their valuation 4X, added Satiya India’s D2C startup ecosystem, which is home to 50K digital-first brands, has seen rapid consolidation in the past one year, with investors placing their bets on potential exits The D2C startup ecosystem has been thriving in recent years, boasting of over 50K digital-first brands. In this rapidly evolving landscape, consolidations are becoming increasingly inevitable, with investors placing their bets on potential exit opportunities. When it comes to acquisition, timing is the most crucial factor, according to Rishubh Satiya, the cofounder of D2C nutrition brand Plix, which was acquired by Marico. Satiya emphasised the significance of timing, saying, “I’ve witnessed this scenario frequently. People tend to underestimate their current situation. You need to discern when it’s the right moment to exit and when it’s best to stay and reserve the option to exit.” He shared these insights during a panel discussion on “The BIG Exit – How D2C Brands Can Develop an Exit Strategy” at the fourth edition of Inc42’s D2C Summit 2023. The session was hosted by Angshuman Bhattacharya, national leader of consumer products & retail sector at EY India. Joining Satiya on the panel were Pranav Malhotra, founder of Trunativ; Prabhkiran Singh, CEO and cofounder of Bewakoof; and Mohit Sadaani, cofounder of The Moms Co. Satiya said founders often prefer to raise funds at a higher valuation rather than pursuing an exit. However, during such moments, they should reflect on whether they have the capacity to increase their valuation from ‘X’ to ‘3X’ or ‘4X’, as venture capitalists would anticipate. Therefore, once again, timing plays a critical role. Founders must decide whether it’s the right time to stay invested, secure funding at a potentially lower valuation to allow the team to focus less on metrics and grow at their own pace, or to pursue an exit and find comfort in that decision. Established in 2020 by Satiya and Akash Zaveri, Plix is a Mumbai-based D2C startup that offers a diverse range of plant-based nutrition products, including workout supplements, ingestible sunscreens, hair growth serums, and skincare items. In July 2023, Marico, a leading FMCG company, acquired Plix, marking a strategic move to expand its presence in the nutrition segment and enhance its position in the health and wellness category. The plant-based D2C brand now plans to leverage Marico’s extensive resources to strengthen its offline presence over the coming years. Earlier, Plix secured $5 Mn in its Series A funding round from Guild Capital and RPSG Ventures in December 2021. Since its inception, the startup has consistently increased its turnover. In the financial year 2019-20, it reported a turnover of INR 10.92 Cr, which surged to INR 41.58 Cr in FY21. The company closed FY22 with a turnover of INR 106 Cr. Competing with brands like OZiva, Setu Nutrition, and Fast&Up, Plix offered more than 60 SKUs across six categories at the start of the year. These products were available through the company’s website, ecommerce platforms, and physical stores, catering to over 1.5 Mn customers nationwide.