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Facebook Rolls Out New Safety Measures

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It goes without saying that when you put your thoughts out into the world, you deserve to feel safe and when this safety is attacked, your mental health may get affected. Facebook, a platform for promoting your thoughts and ideas, has moved from being a purely interactive social media platform to a place where trolls and trollers rule the roost. To protect its more than 2 billion regular user base, Facebook has passed new tools and tweaked its settings to act against the bullies.

Delete, moderate and remove negative comments 

“Do not feed the trolls,” is what people have always said. How often does one listen to the wise sayings of the people with experience? Never, right? If a bear pokes you, you cannot help but poke back and this is how negativism breeds on a constant basis on Facebook. To counter this growing trend of hatred, Facebook is going to give its users more control over the comments.

Now, not only can you hide multiple comments, you can also delete them with the click of a button. The new feature is going to be rolled out on desktops, Android and iOS versions. Furthermore, if you think a family member or friend is being bullied, harassed or abused, you can report the said post on behalf of the friend or family member. Once reported, the Community Operations team will take a look at the post and decide the required action on the basis of Facebook’s rules and regulations.

To simplify matters, if you think the decision taken by the Committee is not what you thought it would be (both for the person who raised the complaint and the person against whom the complaint has been made,) you can make an appeal and the Committee will decide accordingly.

Protection of not just individual users, but celebrities as well

So far, Facebook has allowed people to talk, criticize and discuss about celebrities and the things they have said and done, without any regard to the person’s well being. Now, Facebook is working on protecting these celebrities by making sure no celebrity on the platform is personally and negatively attacked.

Previously, Facebook had introduced a tool that protected celebrities up to a certain age. However, to improve the safety standards, the social media platform is now expanding its policies to protect celebrities without age as a barrier. With Facebook’s new tools, anyone experiencing things they do not want to on Facebook can now report, block the user and ignore the messages without letting the harasser know.

Taking safety one step forward, Facebook is going to start a new partnership with the National Parent Teachers Association in the United States and will organise over 200 community events to address the challenges faced by parents in all the states. Further, Facebook is also going to offer peer to peer anti bullying and safety programs to schools in the United Kingdom. By organising and supporting safety programs in India, Facebook is spreading the message of improving the standards of online safety in all the countries where this social media platform is used on a regular basis.

 

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Delhivery’s Acquisition of Ecom Express: A Major Consolidation in Indian Logistics

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Delhivery, one of India’s leading logistics companies, has announced its acquisition of Ecom Express in an all-cash deal valued at ₹1,407 crore. This strategic move marks one of the largest consolidations in the logistics sector and is expected to enhance Delhivery’s scale, profitability, and operational efficiency.

Background

Ecom Express, founded in 2012 and headquartered in Gurugram, has faced significant financial challenges recently. The company canceled its IPO plans in 2024 and laid off hundreds of employees due to operational setbacks, including losing a major client, Meesho, which shifted to its in-house logistics service Valmo. These struggles led to a distressed sale, with private equity investors like Warburg Pincus and Partners Group exiting their stakes entirely.

Strategic Benefits for Delhivery

  1. Enhanced Scale: The acquisition will strengthen Delhivery’s network reach and infrastructure, enabling better service delivery across India.
  2. Operational Synergies: Combining operations with Ecom Express will improve efficiency and reduce costs through economies of scale.
  3. Competitive Edge: With Ecom Express as a subsidiary, Delhivery solidifies its leadership position in the logistics space by offering broader coverage and faster services.

Challenges Addressed

The acquisition mitigates risks from Ecom Express’ financial struggles while addressing past disputes between the two companies over inflated shipment volumes reported by Ecom Express during IPO filings.

Future Outlook

The deal is expected to close within six months after regulatory approval from the Competition Commission of India (CCI). Post-acquisition, Ecom Express will operate as a subsidiary of Delhivery, unlocking new growth opportunities such as advanced logistics technology integration and expanded customer reach.

With ₹5,488 crore in cash reserves as of September 2024, Delhivery is well-positioned to finance this acquisition without compromising financial stability. This move underscores Delhivery’s commitment to innovation and efficiency in India’s rapidly evolving logistics landscape.

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Jio Financial Services Introduces Digital Loans Against Securities

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Jio Financial Services, through its NBFC arm Jio Finance Limited, has launched a fully digital Loan Against Securities (LAS) service. This innovative offering allows customers to secure loans up to ₹1 crore against their shares and mutual funds within just 10 minutes via the JioFinance app.

 

Key Features:

  • Digital Process: Entirely online for speed and convenience.
  • Loan Amount: Up to ₹1 crore.
  • Interest Rates: Starting at 9.99%, tailored to individual risk profiles.
  • Tenure: Maximum of three years.
  • No Foreclosure Charges: Flexible repayment options.

Strategic Impact:

The LAS offering aligns with Jio Financial’s broader digital strategy to make financial services more accessible and efficient. It complements existing products like home loans and corporate financing.

Market Response:

Jio Financial Services’ stock rose significantly following the announcement, reflecting investor confidence in the company’s digital expansion. The shares increased by up to 5.5% on the BSE, highlighting the market’s positive reception of this strategic move12.

Leadership Perspective:

Kusal Roy, MD and CEO of Jio Finance Limited, emphasized that this launch is part of a comprehensive digital strategy aimed at transforming customer interactions with financial services1.

Future Prospects:

With its focus on technology and customer convenience, Jio Financial is poised to become a leading player in India’s digital financial services sector.

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Aerem Secures ₹100 Crore in Series A Funding

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Mumbai-based solar financing startup Aerem has raised ₹100 crore in a Series A funding round. The round was led by Japan’s University of Tokyo Edge Capital Partners (UTEC) and included investments from British International Investment (BII), SE Ventures, Riverwalk Holdings, and existing investors Blume Ventures and Avaana Capital.

Strategic Use of Funds

Aerem will use the funds to expand its operations across India, focusing on underserved eastern and southern regions. It aims to enhance its solar financing solutions, improve its B2B marketplace for solar equipment, and refine its tech platform. Additionally, the company plans to broaden its lending portfolio and reduce customer acquisition costs by leveraging its network of over 2,000 verified solar installers.

Aerem’s Impact

Founded in 2021 by Anand Jain and Vikesh Agarwal, Aerem provides comprehensive solutions for distributed solar energy adoption. Its services include:

  • Solar Financing: Loans for businesses and homeowners through its NBFC arm, NetZero Finance.
  • Equipment Procurement: The SunStore marketplace offers competitively priced solar equipment.
  • Support for Installers: Benefits for over 2,000 verified installation partners include financing access, quality equipment, and digital tools.

Aerem has enabled over 800 megawatts of solar capacity across 65 Indian cities, financing more than 800 projects. Its deployments have prevented nearly 22 million tonnes of CO₂ emissions and could save MSMEs up to ₹14,000 crore in energy costs.

Revenue Growth

Aerem reported significant revenue growth in FY24, with a 9X increase to ₹175 crore from ₹1.84 crore in FY23. This growth highlights the scalability of its business model.

Future Plans

With this funding, Aerem is poised to accelerate India’s transition to sustainable energy by eliminating barriers to solar adoption and empowering local businesses.

 

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