Apple is expected to roll out iOS 17 sometime later this month. In all probability, after September 12 once the new iPhones are launched, iOS 17 should arrive on iPhones. iOS 17 includes a new and interesting feature called Standby, which turns your iPhone into a smart display when it’s locked and charging. Standby lets you view widgets, photos, and other information on your iPhone’s screen, even when it’s asleep.How to turn on Standby mode– Make sure your iPhone is running iOS 17.– Place your iPhone in landscape orientation on a MagSafe or Qi-based wireless charger.– The Standby mode will automatically turn on. If it doesn’t, go to Settings > StandBy and toggle the switch on.Once Standby is enabled, you can customise it in various ways– You can choose from a variety of widgets, including the clock, calendar, weather, music, and photos.– You can drag and drop the widgets to rearrange them.– You can use a photo from your library or a default image.– There’s also a dual widget functionality. To use the dual widget, swipe left or right on the Standby screen. This will show you a different set of widgets.You can use Siri hands-free. Just say “Hey Siri” to ask a question or control your smart home devices. Furthermore, you can see Live Activities. Standby mode will automatically show Live Activities for apps that support them, such as Messages, Music, and Maps. Also, just because the iPhone is in Standby mode, it doesn’t mean notifications will disappear. You’ll still see notifications on your iPhone when it’s in Standby mode.To disable Standby mode, go to Settings > StandBy and toggle the switch off.Things to keep in mind– It only works when your iPhone is locked and charging.– It only works in landscape orientation.– You can’t use your iPhone for anything else while it’s in Standby mode.

Ten out of the 16 new-age tech stocks under Inc42’s coverage gained between 1% and 15% this week, with recently-listed Yudiz emerging as the biggest winner Despite revival in the broader market that broke the five-week losing streak, shares of Paytm, Nykaa, DroneAcharya, and MapmyIndia fell; Paytm declined almost 5% In the broader market, Sensex rose 0.77% while Nifty 50 gained 0.9% this week, largely aided by the positive Q1 Gross Domestic Product (GDP) numbers New-age tech stocks continued their winning run this week on the back of a recovery in the broader domestic equity market. Ten out of the 16 new-age tech stocks under Inc42’s coverage gained this week between 1% and 15%, with the recently-listed Yudiz emerging as the biggest winner.   Yudiz got listed on the NSE SME platform on August 17 this year at INR 185 apiece. This week, the startup’s shares jumped 14.8% to end Friday’s session at INR 202.7. CarTrade Technologies, Nazara, EaseMyTrip, Delhivery, and Zomato were among the other gainers of the week. However, despite the revival in the broader market that broke the five-week losing streak, shares of Paytm, Nykaa, DroneAcharya, MapmyIndia, Fino Payments Bank, and ideaForge fell this week. Paytm slumped almost 5%, emerging as the biggest loser this week. In the broader market, Sensex rose 0.77% while Nifty 50 gained 0.9% this week. The benchmark indices rallied significantly on Friday alone, as Sensex jumped 0.86% and Nifty 50 0.94% to end the week at 65,387.16 and 19,435.30, respectively. The rally on Friday was largely aided by Q1 Gross Domestic Product (GDP) numbers. According to the National Statistical Office’s data, India’s GDP grew by 7.8% in the April-June quarter of FY24 as against a 6.1% growth in the preceding quarter – Q4 FY23. Stepping into the new month, the market is brimming with various domestic and global macroeconomic indicators that are expected to sustain their momentum, said Pravesh Gour, senior technical analyst at Swastika Investmart. However, he said that “below normal” monsoon rainfall this year is expected to have a significant impact on market trends. Meanwhile, Amol Athawale, vice president of technical research at Kotak Securities, said, “While there will be some challenges going ahead due to weak monsoon activity, overseas funds may continue to bet on India due to signs of strong growth performance going ahead.”  “Technically, the Nifty has formed a double bottom formation on daily and intraday charts, which indicates a strong possibility of a fresh uptrend rally from the current levels,” he added. Now, let’s dig deeper into the performance of some of the new-age tech stocks this week.   The 16 new-age tech stocks under Inc42’s coverage ended the week with a total market capitalisation of $37.24 Bn as against $36.36 Bn last week. Paytm The Biggest Loser Reversing the 4.6% gain last week, shares of Paytm declined 4.7% this week.  The drop came after Antfin (Netherlands) Holding B.V. sold 2.27 Cr shares, or a 3.6% stake, in the fintech major last Friday. Besides, we must also note that after months of anticipation, Reliance announced this week that its newest entity Jio Financial Services (JFS) will offer products in the payments and insurance segments. Earlier, many analysts said that the entry of deep-pocketed JFS could pose a significant competitive threat to Paytm. During Reliance’s annual general meeting, its CMD Mukesh Ambani called JFS as the world’s highest capitalised financial services platform at inception. However, Paytm’s gains still remain a significant 61.5% year to date (YTD). Kotak Securities’ Athawale said Paytm looks positive on the technical charts and the stock is holding a higher-bottom formation and is ready for the next rally.  “The immediate support for the stock is around INR 830-INR 840 and on the higher side INR 920 is possible,” said Athawale, adding that further upside is also possible which can see the stock rising up to INR 940. Nazara Touches 52-Week High Shares of Nazara Technologies jumped 8.2% on Thursday to reach a 52-week high of INR 814.30 on the BSE this week. Though the stock pared some of its gains to end the day at 777.75, it was at a level last seen at the end of April last year. Overall, Nazara shares gained 7.4% this week, ending Friday’s session at INR 759.2 in the exchange. In The News For: Though the stock is facing some profit booking at a higher level, the texture is largely bullish, said Kotak Securities’ Athawale. “The immediate support for the stock is around INR 720-INR 725. As long as the stock is trading above that, the upside momentum is likely to continue,” said Athawale, adding that Nazara shares could reach INR 810-INR 825 in the medium term. Nazara shares are currently training around 31% higher YTD. SoftBank Offloads Almost Half Of Its Stake In Zomato  SoftBank’s SVF Growth (Singapore) offloaded Zomato shares worth INR 947 Cr in a block deal this week.  As of quarter ended June 2023, SVF held 28.7 Cr shares in Zomato, which translated to a 3.35% stake in the foodtech major. In its latest block deal, the VC major sold 10 Cr Zomato shares, or 1.16% of its stake in the company. Following SoftBank’s stake sale, Zomato shares fell in two consecutive sessions, reversing the sharp rise seen at the beginning of the week. Despite the fall, the startup managed to gain 6.9% this week, ending Friday’s session at INR 97.23 on the BSE. It must be noted that the shares sold by SoftBank were bought by several investment firms and banks, including BNP Paribas Arbitrage, Citigroup Global Markets Mauritius, Axis Mutual Fund, and Morgan Stanley Asia Singapore. Meanwhile, Zomato, on Friday, informed its stakeholders that Lunchtime, a step-down subsidiary of Zomato Limited, situated in the Czech Republic initiated the liquidation process. “…the dissolution of Lunchtime will not affect the turnover/revenue of the Company,” Zomato said. This week, Zomato also announced the launch of a chatbot, Zomato AI, to enhance the customers’ overall food ordering experience. After a rally, Zomato shares have started

What is Supply Chain Management? Supply chain management (SCM) is the strategic orchestration of activities that encompass the planning, sourcing, manufacturing, distribution and customer service aspects of a product’s journey from inception to consumption. SCM seeks to optimise efficiency, reduce costs and enhance customer satisfaction throughout this intricate process. Supply chain management can be categorised into various types: Lean Supply Chain: Focusses on minimising waste and maximising efficiency. Agile Supply Chain: Emphasises flexibility and responsiveness to changing market demands. Green Supply Chain: Aims to reduce the environmental impact by promoting sustainable practices. Reverse Supply Chain: Deals with the return and recycling of products and materials. In addition, key function areas of supply chain management include: Planning: Forecasting demand, aligning production and scheduling resources. Sourcing: Selecting suppliers, negotiating contracts and managing relationships. Manufacturing: Overseeing production processes, quality control and efficiency. Distribution: Optimising the movement of goods, warehousing and transportation. Customer Service: Ensuring timely and accurate delivery, and addressing customer concerns. What Is The Difference Between Logistics And Supply Chain Management? Logistics is a subset of supply chain management that specifically focusses on the planning, implementation, and control of the efficient movement and storage of goods, services, and information within and between organisations. While supply chain management encompasses a broader spectrum of activities, logistics is a crucial component that ensures the seamless flow of products. Why Is Supply Chain Management Important? Effective supply chain management holds paramount importance for several reasons: Cost Efficiency: Streamlining the supply chain reduces wastage, enhances resource allocation and lowers operational costs. Customer Satisfaction: Efficient supply chain management ensures timely and accurate deliveries, enhancing customer satisfaction and loyalty. Competitive Advantage: A well-managed supply chain can lead to faster time-to-market, giving businesses a competitive edge. Risk Mitigation: Supply chain management identifies and addresses potential disruptions, minimising risks. What Is Global Supply Chain Management? Global Supply Chain Management Global supply chain management pertains to the complex coordination of activities across international borders. It involves managing diverse regulations, customs, cultures and time zones to ensure a seamless flow of products. The post Here’s Everything You Need To Know About Supply Chain Management appeared first on Inc42 Media.

Chinese smartphone maker Infinix has expanded its product portfolio with the launch of the new Zero 30 5G smartphone. The smartphone promises improved camera quality and performance. Infinix Zero 30 5G is the first smartphone to feature a 50MP front camera and sports a 144Hz AMOLED display. The smartphone also has a 108MP primary camera and is powered by a MediaTek chipset.Infinix Zero 30 5G is now available for pre-order while the company is also offering discounts and no-cost EMI with select bank cards.Infinix Zero 30 5G: Price, availability and offers The smartphone will be available in two different colour options — Rome Green and Golden Hour. Infinix is also offering instant discounts and 6-month no-cost EMI for Axis Bank card holders. The company is also offering a Rs 2,000 instant discount for Axis Bank card owners. Model FSP(Rs) Axis Bank Instant Discount(Rs) CC/DC & EMI NEP(after bank price) 6 Month Axis NCEMI Zero 30 5G (8/256) 23999 2000 21999 3667 Zero 30 5G( 12/256) 24999 2000 22999 3833 Infinix Zero 30 5G: Key specsInfinix Zero 30 5G sports a 6.78-inch Full HD+ 10-bit curved AMOLED display which is protected by Corning Gorilla Glass 5. The display supports a 144Hz variable refresh rate and 1080*2400 resolution. The latest smartphone also features an in-display fingerprint sensor.The smartphone is powered by MediaTek Dimensity 8020 6nm chipset which is backed by up to 12GB RAM and 256GB storage. For optics, the Infinix Zero 30 has a Samsung ISOCELL JN1 50MP sensor in the front for selfies and video calls. The selfie camera is assisted by a Dual LED flash setup and eye-tracking Auto Focus technology and can record 4K videos at 60FPS. The smartphone also houses a dual rear camera setup that includes — a Samsung ISOCELL HM6 108MP primary sensor which supports Optical Image Stabilisation (OIS) a 13MP ultra-wide camera with a 120-degree field of view. The rear camera module also has a quad LED flash setup.This smartphone packs a 5000mAh battery that claims to charge 0-80% in 30 minutes. Infinix Zero 30 also ships with a 68W PD 3.0 Super Charger. For connectivity, the smartphone supports Wi-Fi 6 and Bluetooth 5.3.

Large-scale cloud adoption has accelerated India’s innovation drive, and organizations are significantly investing in their cloud offerings to sustain this momentum, says recent report from EY-FICCI. The EY-FICCI cloud report is titled ‘India’s cloud and data revolution: From adoption to enabling innovation’. According to the report, the current wave of cloud adoption goes beyond migration and emphasizes leveraging the cloud’s capabilities to optimize processes, enhance customer experiences, and unlock new revenue streams.Commenting on the findings of the report, Abhinav Johri, Partner, Technology Consulting, EY India, said, “Leadership in the age of the cloud is about more than just technology; it’s about unlocking the full potential of innovation, efficiency, and growth. With 80% of Indian organizations adopting the cloud to enable a range of business capabilities such as intelligent applications with Gen AI, native functional & data products, and highly intuitive orchestration platforms the imperative is clear: embrace the cloud not merely as a tool, but as an enabler of transformative change”India becoming a global cloud hubTalking about India’s role, the report says that the country is evolving into a hub for cloud-first companies, with major cloud regions located in Mumbai, Chennai, Hyderabad, and Pune. Indian GCCs (Global Capability Centers) have become cloud engineering hubs for global companies. India has become a potentially significant market for cloud service providers (CSPs). CSPs have rapidly established new cloud regions in India, expanding the array of cloud-native services available to Indian enterprises.GenAI success to be driven by cloud and dataIndia is currently experiencing a golden era of disruptive technologies in data and technology. Leading enterprises that were early adopters of cloud computing have shifted from using the cloud primarily for cost optimization and operational efficiency to leveraging cloud services for building their next-generation digital platforms. The broader objectives that companies aim to achieve through cloud adoption include data modernization, application modernization, agility, business growth, and innovation.The report adds that the success of Generative AI is closely tied to cloud computing, as it relies on large datasets and robust computing infrastructure, both of which are inherent features of cloud technology. The adoption of Generative AI is expected to lead to increased data usage and greater consumption of cloud resources. The advantages of using the cloud for Generative AI, include scalability, access to pre-trained models, and simplified integration into existing applications. However, it is imperative a strong framework for responsible Generative AI use, considering potential concerns such as data leakage and biased output. Striking the right balance between sector-agnostic guidelines and sector-specific considerations is crucial.Cloud to drive data infrastructure modernisationThe survey reveals that organizations are increasingly utilizing the cloud for data infrastructure modernization, deriving benefits from their data, and gaining new insights. Furthermore, organizations are looking at achieving business growth, fostering increased collaboration, enhancing workplace productivity, ensuring security, and safeguarding data privacy.The survey states that 49% of organizations adopt the cloud to modernize their data infrastructure, with larger organizations leading at 55%. Additionally, 78% of organizations are implementing cloud strategies for app modernization, and 40% of organizations are using the cloud for collaboration and workforce productivity.Cloud for data monetisation and innovationThe exponential growth in data footprints of organizations has necessitated the exploration of newer data monetization techniques. Shifting data workloads to the cloud offers various advantages, with primary motivators including data monetization (63%), developer productivity (51%), and innovation and incubation (43%). The survey results also indicate that cloud adoption helps enable data and analytics capabilities for 80% of organizations.

Jampp, a programmatic mobile marketing company that helps mobile app advertisers acquire and re-engage consumers has released an iOS SKAdNetwork 4.0 (StoreKit Ad Network) Guide to help APAC app marketers scale their business on Apple devices. The SKAdNetwork is Apple’s API-based, privacy-centric framework that provides ad measurement and insights to advertisers with no user level data. Version 4.0 was released in October 2022 for iOS 16.1 and later with features that gave stakeholders more control over granularity of insights, measure customer re-engagements for up to 35 days (referred to as postbacks), lock and finalise conversion values, an expanded 4-tier privacy threshold that will allow marketers to optimise their campaigns, and many more. The latest guide from Jampp is intended to empower advertisers across APAC markets with insights and strategies to fully leverage SKAdNetwork 4.0–for driving privacy-centric app growth for their Apple iOS apps.According to the industry average, in India, only 36% of users allow advertisers to track their IDFA (Identifier for Advertisements) – a random device identifier assigned by Apple to a user’s iOS device. Given this finding, Jampp feels that marketers who choose not to test SKAdNetwork are potentially failing to a reach over 60% of their iOS users. The company, a wholly-owned subsidiary of Affle, has stated that those who have invested in SKAN campaigns are already seeing positive results, securing full coverage of their iOS audience and achieving enhanced campaign performance.Apple devices have been expanding their presence in APAC over the last few years and this year, India joined China and Japan as one of the countries in Apple’s top 5 iPhone markets, presenting app marketers with a wider demographic set to tap. However, effective advertising on iOS has become a challenge for app marketers after the introduction of Apple’s privacy-focused App Tracking Transparency (ATT) framework in 2021. It limits user data tracking for mobile marketing, which makes it difficult to serve personalised ads and accurately measure campaign ROI.Apple later released SKAdNetwork, a solution for users who opt-out of being tracked by advertisers and Jampp’s latest guide will help advertisers navigate version 4.0 to get the most out of their iOS campaigns.

Ananth Technologies (ATL) has announced that it partnered with Indian Space Research Organisation (ISRO) in the country’s first-ever solar mission — Aditya-L1. India’s first solar mission, Aditya-L1 was successfully launched from Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, at 11.50am on Saturday. Aditya is travelling on the ISRO-designed, 320-tonne PSLV XL rocket that has powered earlier launches to the Moon and Mars. Aditya-L1 is a satellite dedicated to the comprehensive study of the Sun. It has seven distinct payloads — five by Isro and two by academic institutions in collaboration with Isro — developed indigenously.In a release, the company sad that for Aditya-L1, it played a role by manufacturing numerous avionics packages. These packages encompass a wide array of components, including on-board computers, Star sensor, Modular EED systems, payload DC-DC converters, etc. For PSLV-C57 launch vehicle, ATL supplied 48 subsystems such as SARB, NGCP, Quad SBU, tracking transponder and various other interface units and did complete Assembly, Integrationand Testing (AIT). The PSLV-C57 is said to be the seventh launch vehicle successfully integrated by ATL team and five more launch vehicles are currently under integration.The company is a partner for ISRO in precision engineering and high reliability manufacturing for space applications.Dr Subba Rao Pavuluri CMD of ATL, expressed his enthusiasm about Aditya-L1 program. “We are thrilled to be a part of the Aditya-L1 Program. This partnership represents asignificant milestone for us, as we contribute our technical excellence and manufacturing to support India’s space exploration endeavours.” The partnership with the Aditya-L1 Program solidifies Ananth Technologies’ commitment to advancing India’s capabilities in space technology.”ATL is headquartered in Hyderabad, with dedicated facilities in Thiruvananthapuram for the fabrication, assembly, testing, and supply of advanced electronic packages, computer systems, and various sub-systems for launch vehicles, as well as integration of launch vehicles. In Bengaluru, ATL has established extensive facilities for satellite manufacturing.

Now, it’s about sales and distribution costs, and evaluating the performance of each channel in terms of revenue, Ramalingegowda said According to the Wakefit cofounder, marketing strategies across online and offline channels are progressively merging, making it challenging to calculate CAC differently for each channel He added that entering a new channel now requires a fundamental shift in how a brand approaches product development, packaging, pricing, supply chain, and measuring outcomes Today, India has more than 50K digital-first brands. Many of these emerging brands are now exploring offline strategies. However, Chaitanya Ramalingegowda, the director & cofounder of Wakefit, believes that in today’s landscape, it’s no longer feasible for D2C brands to have separate online and offline budgets for marketing, distribution or customer acquisition costs. “Now, it’s about sales and distribution costs, and evaluating the performance of each channel in terms of revenue,” he added. Ramalingegowda shared his insights during the fourth edition of Inc42’s D2C Summit 2023, as part of a panel discussion featuring Harsh Modi, the cofounder & CEO of Mulmul; Shreedha Singh, the CEO & cofounder of The Ayurveda Company; and Gaurav Khatri of Noise. The session was moderated by Dipanjan Basu, the cofounder & Partner at Fireside Ventures. The Bengaluru-based D2C furniture and mattress brand was founded in 2016 by Ankit Garg and Ramalingegowda. Initially, Wakefit focussed solely on mattresses until 2018 and then started expanding its product categories. Presently, Wakefit offers around 500 SKUs across 15-20 sub-categories. Approximately two-thirds of its sales are generated through its website, app, and offline stores, with the remainder coming from online marketplaces such as Amazon and Flipkart. In FY22, the company witnessed a substantial increase in total losses, which surged to INR 101.8 Cr compared to INR 37 Cr in FY21. However, its operating revenue jumped nearly 55% YoY to INR 632.8 Cr in FY22. In January 2023, the startup secured $40 Mn in a funding round led by Investcorp, with participation from existing investors Sequoia India, Verlinvest, and SIG. This brought Wakefit’s total funding raised to date to $145 Mn. Ramalingegowda reminisced about Wakefit’s journey to venturing offline, noting that they always believed in establishing themselves as a digital-first brand. They saw online as a means to achieve non-linear growth and greater control over the consumer experience. “We never had the conviction to go offline until we expanded into furniture. That’s when factors like the rent-to-revenue ratio and ROI period started making sense. When we noticed that at our pilot store, the average order value nearly doubled, and repeat customer behaviour was more prevalent, we realised that customers also craved this offline experience,” he added. Ramalingegowda emphasised that marketing strategies across online and offline channels are progressively merging, making it challenging to calculate customer acquisition costs (CAC) differently for each channel. This shift underscores the importance of how a brand manages its business across various channels. He also shared valuable insights and advice for D2C startups, emphasising that entering a new channel involves more than just launching products. It requires a fundamental shift in how a brand approaches product development, packaging, pricing, supply chain, and measuring outcomes. “It’s not merely about introducing a product; it’s a profound change in how we perceive our business when entering a new channel,” he added. Furthermore, Ramalingegowda stressed the importance of owning customer relationships and the complete customer experience. This entails engaging with customers who purchase products through various channels, ensuring their needs are met, and addressing any concerns. “In our philosophy and belief system, it’s about taking care of the customer, regardless of where they make their purchase,” he concluded.

Sources at TenderCuts told us the company has laid off more than 65% of its entire workforce and wound down operations in Bengaluru and Hyderabad The startup has been desperately trying to raise capital and has been exploring an exit through an acquisition for quite some time TenderCuts founder Nishanth Chandran is expected to quit the company after the Good To Go acquisition, as per sources In what seems to be a distressed sale, Delhi NCR-based omnichannel meat brand Good To Go is acquiring Chennai-based meat delivery startup TenderCuts.  Good To Go said the acquisition would also include Happy Chops, a seven-month-old tech platform launched by TenderCuts that claims to offer an online storefront and procurement support to local butcher shops. Happy Chops was launched by TenderCuts earlier this year. Good To Go didn’t disclose the financial details of the deal, but Inc42 has learnt more details about the downturn that has hit TenderCuts since its last fundraise during 2021’s peak funding season.  Cutbacks At TenderCuts  Inc42 has learnt from sources that TenderCuts shut its operations in several pockets in Chennai, the only city it currently operates in, over the last few months due to scarcity of funds. Multiple sources told Inc42 that the startup had a very high burn rate. Its failure to secure fresh funding resulted in it shutting its operations in Bengaluru and Hyderabad last year.  It also fired nearly 65% of its workforce after shutting its operations in the two cities.  Despite these struggles, TenderCuts launched Happy Chops earlier this year. However, the last three-four months were very difficult, sources added. Commenting on the state of the startup, a senior TenderCuts executive told Inc42, “Acquisition was the only way out as it (TenderCuts) was unable to secure a Series B funding round.”  Social media is filled with irate reviews from dissatisfied TenderCuts customers, pointing out that the Stride Ventures-backed startup had issues when it comes to deliveries and availability of products.  Having spoken to sources at TenderCuts, Inc42 contacted Nabard’s NABVENTURES yesterday (Friday, September 1), a key investor in the company, for a comment on the distressed situation at TenderCuts. Less than 24 hours after this communication, TenderCuts publicly announced the acquisition by Good To Go.  Stride Ventures declined to comment directly about the state of operations at TenderCuts despite multiple attempts to reach its founder Ishpreet Singh Gandhi.  The press statement on the acquisition is mum on whether investors at TenderCuts saw any returns from this transaction.  Stride Ventures was also in the news earlier this year for its investment in GoMechanic, which went through a distress sale earlier this year after its founders admitted to inflating revenues and sales.  If these troubles weren’t enough, TenderCuts has seen the exit of R Venkkatesan earlier this year. Venkkatesan is mulling entering the real estate sector for his next business, as per his LinkedIn profile.  Founded by Nishanth Chandran, the startup elevated three senior employees Sasikumar Kallanai, R Venkkatesan and Varun Prasad Chandran as cofounders in 2021. Sources indicate that Chandran is also likely to quit the startup after the acquisition, along with the other cofounders.  TenderCuts Deep In The Red Founded in 2016, TenderCuts offers freshly cut meat and seafood to customers through neighbourhood stores, which cater to both walk-in customers as well as online shoppers. Over the years, the startup expanded its product portfolio, adding eggs, spices, ready-to-cook products, among others.  The startup competes with unicorns such as FreshtoHome and Licious as well as marketplaces such as BigBasket and a host of other players selling through quick commerce apps.  TenderCuts claimed to have a network of 50 retail stores in Chennai and Bengaluru after raising over $19 Mn in funding. It raised $15 Mn in its Series A round led by Paragon Partners and NABVENTURES. In 2021, it raised $3.5 Mn in debt funding from Stride Ventures. Worryingly, the company saw a huge jump in loss in FY22. The total loss of INR 126.8 Cr was 4X higher than the INR 30.4 Cr in FY21, but revenue only grew by 1.6X to INR 130.9 Cr in FY22 as compared to INR 78.1 Cr in FY21. Overall expenses ballooned by over 2.4X YoY to INR 259 Cr in FY22. Most of these went towards purchase of stock, while advertising costs also ballooned in FY22.  The startup also roped in Prakash Raj as brand ambassador even as it struggled to boost the revenue and improve its unit economics.  The poor financial and operational state of TenderCuts mirrors the state of many other meat delivery startups, where Licious and Freshtohome are dominant forces. Licious has raised over $400 Mn, while FreshtoHome has secured over $256 Mn in funding since inception, highlighting the need for capital to scale up this segment.  Despite this, Licious and FreshtoHome continue to be loss-making as per their FY22 financials — INR 856 Cr and INR 480 Cr, respectively.  TenderCuts’ acquirer Good To Go reported INR 9 Cr in revenue in FY22, with a razor thin profit of INR 1.1 Lakh (Less than 0.01%).  The skewed competitive landscape means other startups such as Chennai-based meat retail brand Fipola have also shut down, while Bengaluru-based CaptainFresh has completely shifted its focus towards exports rather than selling to consumers.  It looks like TenderCuts is the latest casualty of this intense competition and opex burden for meat delivery. It’s not clear whether Good To Go would retain the brand identity that TenderCuts has invested in building over the past few years. The announcement, sent soon after Inc42’s questions about the downturn at TenderCuts, was thin on any details in this regard.

The most common method to take a photo from a video is to pause it and take a screenshot. However, this method is not useful as it may take low quality images. Now, Google is making it easier for users to capture images from videos on Chrome.“It’s easy to copy an image from a website in Chrome — but what if you want to capture an important frame from a recorded lecture for your notes? You could take a screenshot, but you’ll likely get a lower-quality image (with the video’s progress bar cut across it),” Google said in a post.‘Copy Video Frame‘ in Google ChromeGoogle has a solution. When using Chrome, or another Chromium-based browser, like Microsoft Edge, users can pause at any time during a video, right-click and select the new “Copy Video Frame” option from the pop-up menu.“Available starting today, you can pause anywhere in a video that’s playing in Chrome and get a clean copy of the exact frame you want. Just right-click in the video and select ‘Copy Video Frame’,” Google said.In this way, Chrome will capture what is currently being shown and users will have an option to paste the image in supported text fields within the browser, like Google Docs, and save the file for future references. According to a report by Engadget, the feature is limited to some streaming services, as many of them have restricted capturing content. It said that the feature works only with YouTube and it needs some fine-tuning. Chrome’s ‘Copy Video Frame’ is being rolled out for Windows, Mac, Linux and ChromeOS, however, the team members of Gadgets Now-Times of India haven’t received the feature at the time of writing this report.