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Paytm Founder Vijay Shekhar Sharma On 100 Most Influential People List

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On Thursday, The Times released its annual 100 Most Influential People in the world in 2017 and two Indians made their entry onto this list – PM of India, Shri Narendra Modi, and Paytm’s founder Vijay Shekhar Sharma.

The 43-year-old Cheif Executive of the Indian mobile payments platform is the only Indian entrepreneur to be featured on the 2017 list.

This list also included US President Donald Trump, actor Emma Stone, philanthropist Melinda Gates, WikiLeaks founder Julian Assange, Amazon CEO Jeff Bezos, President of Russia Vladimir Putin, CEO, and founder of Snapchat Evan Spiegel.

The Times magazine has featured a list of pioneers, artists, actors, titans, leaders and icons from all around the world. Vijay Shekhar was listed under the titan category followed by Jeff Bezos. It was in March this year, Sharma was ranked as India’s youngest billionaire by Forbes magazine, as his net worth is $1.3 billion.

Infosys co-founder Nandan Nilekani, who wrote Sharma’s profile was all praises for the Paytm founder. He said: “When Modi government announced (the) Demonetisation act in November, Sharma seized that moment and with a flurry of ads he encouraged people to start using the Paytm’s (sic) digital wallet platform to pay for every day’s goods and services.”

Seeing his performance in the Indian economy market, Alibaba’s Jack Ma is now an investor in Paytm. Vijay Shekhar Sharma shared his happiness on Twitter.

Check out the 2017’s full list of 100 Most Influential People in the world

  • Biram Dah Abeid, Mauritanian politician, activist
  • David Adjaye, architect
  • Riz Ahmed, actor
  • Thelma Aldana, Attorney General of Guatemala
  • James Allison, immunologist
  • Guillem Anglada-Escudé, Natalie Batalha and Michaël Gillon, astronomers
  • Julian Assange, founder of WikiLeaks
  • Margaret Atwood, novelist
  • Stephen Bannon, White House Chief Strategist
  • Cindy Arlette Contreras Bautista, activist
  • Samantha Bee, actor, comedian
  • Fatou Bensouda, Chief Prosecutor, International Criminal Court
  • Jeff Bezos, CEO, Amazon
  • Simone Biles, gymnast
  • Bob Bland, Tamika Mallory, Carmen Perez and Linda Sarsour, organizers, Women’s March
  • Jason Blum, director
  • Tom Brady, football player, New England Patriots
  • Gretchen Carlson, advocate for workplace equality, former Fox News anchor
  • Chance the Rapper, rapper
  • George Church, geneticist
  • James Comey, director, FBI
  • James Corden, host, The Late Late Show with James Corden
  • Viola Davis, actor
  • Rodrigo Duterte, President of the Philippines
  • Ava DuVernay, director
  • Daniel Ek, co-founder, and CEO, Spotify
  • Theo Epstein, president of baseball operations, Chicago Cubs
  • Recep Tayyip Erdoğan, President of Turkey
  • Fan Bingbing, actor
  • Bob Ferguson, Attorney General of Washington
  • Melinda Gates, philanthropist
  • Donald Glover, actor, writer, rapper
  • Ashley Graham, model
  • Glenda Gray, physician, and researcher
  • Kirsten Green, founder, Forerunner Ventures
  • Gavin Grimm, activist
  • Demis Hassabis, artificial intelligence pioneer
  • LeBron James, basketball player, Cleveland Cavaliers
  • Barry Jenkins, director
  • Leslie Jones, comedian, actor
  • Colin Kaepernick, football player
  • Alicia Keys, singer
  • Kim Jong Un, Supreme Leader of North Korea
  • Jared Kushner, White House senior adviser
  • John Legend, singer, songwriter
  • John Lewis, U.S. Congressman, 5th District of Georgia
  • Leila de Lima, Philippine opposition senator
  • Jean Liu, president, Didi Chuxing
  • Demi Lovato, singer
  • Barbara Lynch, chef, restaurateur
  • Kerry James Marshall, artist
  • General James Mattis, Secretary of Defense, U.S.
  • Theresa May, Prime Minister of the United Kingdom
  • Conor McGregor, mixed martial artist
  • Rebekah Mercer, Republican donor
  • Alessandro Michele, designer, Gucci
  • Narendra Modi, Prime Minister of India
  • Neymar, soccer player
  • Sandra Day O’Connor, former Supreme Court Justice, founder, iCivics
  • Sarah Paulson, actor
  • Jordan Peele, actor, comedian, filmmaker
  • Tom Perez, chairman, Democratic National Committee
  • Ben Platt, actor
  • Pope Francis, Pontifex
  • Reince Priebus, White House Chief of Staff
  • Vladimir Putin, President of Russia
  • Ryan Reynolds, actor
  • Margot Robbie, actor
  • RuPaul, television personality
  • Raed Saleh, head of Syria’s White Helmets
  • Juan Manuel Santos, President of Colombia
  • Chuck Schumer, U.S. Senator, New York
  • Vijay Shekhar Sharma, entrepreneur, founder, Paytm
  • Ed Sheeran, singer, songwriter
  • Cindy Sherman, photographer
  • Raf Simons, designer, chief creative officer, Calvin Klein
  • Qasem Soleimani, commander of Iran’s Quds Force
  • Evan Spiegel, CEO, and co-founder, Snapchat
  • Emma Stone, actor
  • Donald Trump, President of the United States
  • Ivanka Trump, White House special assistant
  • Dr. Celina Turchi, infectious disease expert
  • Bernard J. Tyson, CEO, Kaiser Permanente
  • Hamdi Ulukaya, entrepreneur, CEO, Chobani
  • King Maha Vajiralongkorn, King of Thailand
  • Guus Velders, atmospheric chemist
  • Margrethe Vestager, antitrust czar, European Union
  • Jeanette Vizguerra, activist
  • Wang Qishan, senior leader, Communist Party, China
  • Elizabeth Warren, U.S. Senator, Massachusetts
  • Colson Whitehead, novelist
  • Constance Wu, actor
  • Xi Jinping, President of the People’s Republic of China, General Secretary, Communist Party, China
  • Janet Yellen, chair, Federal Reserve
  • Yuriko Koike, Governor of Tokyo

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Calmosis is revolutionizing healthcare in India with legal cannabis use! 

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An Indian Startup Pioneers the legal use of cannabis in Indian Healthcare

Forget everything you thought you knew about healthcare in India. A groundbreaking startup called Calmosis is making waves in Bengaluru with its unique approach to holistic wellness, led by a dynamic duo: Karan and Praveen.

 

Calmosis product.

 

Karan Naidu, a BMSCE graduate who calls Bangalore home, has poured his passion and resources into building Calmosis. By his side is Praveen Singh Rajput, a serial entrepreneur and author who helms the gifting marketplace startup FRINZA. Praveen brings his business acumen honed at Symbiosis Institute of Business Management, Bangalore, to the table.

Together, they’ve drawn inspiration from a personal quest – helping Karan’s mother overcome sleep issues. This led to the birth of Calmosis, offering meticulously crafted elixirs that blend the wisdom of Ayurveda with natural cannabis extracts.Vijaya, as cannabis extracts are known in ancient Indian medicine, has been revered for centuries for its medicinal properties. Calmosis harnesses this potential to promote restful sleep, alleviate stress and anxiety, and even ease migraines. 

Unlike traditional medications that often come with unwanted side effects, Calmosis’ Peace Mantra and Sleep Mantra elixirs provide a safe and natural alternative. But Calmosis’ mission extends beyond physical well-being. Their commitment to quality and transparency shines through rigorous product testing and personalized consultations with expert Ayurvedic doctors, ensuring each customer receives the perfect blend for their individual needs.

 

 

The company’s impact goes far beyond personal health. Calmosis champions social responsibility and sustainability by ethically sourcing ingredients and embracing eco-friendly practices, creating a positive ripple effect on local communities and the environment.

Embarking on a journey towards a healthier you with Calmosis is as easy as a few clicks. Visit their website, place an order, and have their transformative products delivered straight to your door. In a world obsessed with constant hustle,Calmosis offers a much-needed oasis of calm. Combining the wisdom of ancient practices with modern innovation,they’re helping individuals rediscover balance and tranquility in today’s fast-paced world. So, ditch the chemical concoctions and embrace the power of nature’s healing touch with Calmosis. They’re rewriting the healthcare narrative in India, and you can be part of the revolution.

 

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Mercedes Hits the Brakes on EVs: Profit Woes Lead to Focus on Gas-Powered Cars

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StartupStories - Mercedes

Luxury carmaker Mercedes-Benz is experiencing a shift in gears, prioritizing gasoline-powered vehicles over its previously ambitious electric vehicle (EV) strategy. This comes after disappointing sales figures and shrinking profit margins for their electric offerings.

The Dream Runs out of Charge:

Mercedes, a leader in the luxury car market, had set a goal to be fully electric by 2030. However, sluggish sales of their electric vehicles, particularly the high-end EQS and EQE sedans, have forced a recalibration of their plans. The company’s profit margin dipped to a concerning 9% in the first quarter of 2024, falling below their long-term target range.

Why the Slow Charge?

Several factors are contributing to the lackluster performance of Mercedes’ EVs:

  •  Price Point Pinch: The high price tag of Mercedes’ electric cars, ranging from $70,000 to $120,000, limits their appeal compared to more affordable electric options. 
  •  Competition Heats Up: Other luxury carmakers like Tesla and BMW are offering strong competition, with some even surpassing Mercedes in EV sales growth. 
  •  Infrastructure Concerns: Gaps in charging infrastructure and anxieties about range remain significant deterrents for potential EV buyers.

Back to the Drawing Board:

In response to these challenges, Mercedes CEO Ola Källenius announced a revised strategy. The company will:

  •  Extend Focus on Combustion Engines:  Production of gasoline-powered and hybrid vehicles will continue well into the 2030s, catering to customer demand.
  •  Rethink EV Strategy: Mercedes will analyze consumer preferences and market trends to refine their electric car offerings. This may involve focusing on more affordable models or improving features to enhance range and charging efficiency.

The Road Ahead

The shift by Mercedes highlights the complexities of the automotive industry’s transition to electric vehicles. It underscores the need for car manufacturers to balance ambitious environmental goals with the realities of consumer behavior and market competition.

Is this a Permanent Pause?

While Mercedes is putting the brakes on its all-electric vision, it doesn’t necessarily signal a complete retreat from EVs. The company may leverage this time to strengthen its electric offerings and ensure they are competitive in the rapidly evolving market. Only time will tell if Mercedes can reclaim its position as a leader in the electric vehicle race.

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Artificial Intelligence

Reddit Soars After Strong Earnings and Upbeat Outlook

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Reddit, the social media platform known for its online communities and meme culture, saw its stock price jump significantly after releasing its first earnings report since going public in March. Investors were impressed by the company’s strong financial performance and optimistic forecasts for the future.

The report highlighted a surge in user engagement, with daily active users increasing by 37% to 82.7 million in the first quarter. This growth was accompanied by an 8% rise in average revenue per user, indicating Reddit’s success in monetizing its platform. 

Perhaps the most significant factor driving the stock price increase was Reddit’s forecast for the second quarter. The company projected revenue to fall between $240 million and $255 million, exceeding analyst expectations. Additionally, Reddit anticipates achieving break-even status or even generating a profit, surpassing predictions of a loss.

This positive outlook can be attributed in part to Reddit’s flourishing advertising business. The company is also capitalizing on a new revenue stream: content licensing deals with artificial intelligence (AI) firms. Reddit’s vast collection of user-generated content provides valuable data for training AI models, attracting companies like Google.

Analysts believe Reddit is still in its early stages of monetization and predict continued growth in the coming quarters, fueled by advancements in ad targeting and measurement tools. This optimism is reflected in the stock price surge, which has climbed roughly 70% since Reddit’s IPO.

Overall, Reddit’s first earnings report paints a bright picture for the company’s future. With a thriving user base, increasing revenue opportunities, and a promising outlook, Reddit appears well-positioned for continued success in the ever-evolving social media landscape.

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