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Incredible Friendship Of Bill Gates and Warren Buffett

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Incredible Friendship Of Bill Gates and Warren Buffett,Startup Stories,How Bill Gates and Warren Buffett met,Billionaire BFFs Warren Buffett and Bill Gates went mattress shopping,Warren Buffett Essay Read,Friendship With Warren Buffett Was Completely Unexpected

Bill Gates and Warren Buffett are two of the richest men in the world and are also the best of friends.  Bill Gates is the founder of Microsoft and the third richest man in the world, while Warren Buffett is the CEO of Berkshire Hathaway and the fourth richest person in the world. 

Gates and Buffett met for the first time thanks to Gates’ mother Mary Gates, who invited Warren Buffett along with late Washington Post Editor Meg Greenfield.  Gates expressed great displeasure before meeting Buffett as he was forced to take a day off work.  According to Bill Gates, Buffett was just a person who buys and sells paper.

The feeling was the same from Buffett’s side as well, who was not keen on meeting Gates.  However, to the surprise of both of them, they instantly hit it off in their first meeting, with Buffett impressing Gates with his questions about Microsoft.  Moreover, Buffett lent his favorite business book Business Adventures by John Brooks to Bill Gates, shortly after their first meeting.

Warren Buffett and Bill Gates have been friends for 28 years now and have credited each other for their tremendous success, with Gates stating Buffett taught him how to manage his time.  Both of them collaborated many times for philanthropic and political purposes. Warren Buffett and Bill Gates founded The Giving Pledge in 2009, through which billionaires pledge to give half their wealth to charity upon their death.  Buffett also pledged to give away 99 percent of his wealth through the Bill and Melinda Gates Foundation. 

Beside all the serious issues the duo combat in their life, they like spending time doing odd things, just like friends normally do.  The duo actively participate in the newspaper tossing challenge at the annual Berkshire Hathaway meeting and try out mattresses together.  Buffett and Gates also took lessons together about how to make milkshakes at an outlet of Dairy Queen, a franchise owned by Warren Buffett.

The friendship of Bill Gates and Warren Buffett is truly admirable and inspirational as it proves two successful people can remain friends and impact each other’s lives, despite their differences.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.

The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.

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Bengaluru’s Hypergro.ai Raises Rs 7 Crore to Enhance AI-Powered Advertising Solutions

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Hypergro.ai, a Bengaluru-based marketing technology startup, has raised Rs 7 crore in seed funding led by Silverneedle Ventures, with participation from Huddle, TDV Partners, HME Ventures, Dholakia Ventures, FiiRE, and angel investors. Founded in 2022 by Rituraj Biswas, Neha Soman, Abhijeet Kumar, and Arijit Mukhopadhyay, the company aims to revolutionize digital marketing by addressing challenges like high Customer Acquisition Costs (CAC) and low Return on Ad Spend (ROAS).

 

The startup leverages AI to create hyper-personalized video ads using user-generated content (UGC). The fresh capital will be used to enhance Hypergro.ai’s AI capabilities, expand operations, and build a specialized team focusing on data analysis, predictive algorithms, and automation.

 

Since its inception, Hypergro.ai has collaborated with over 70 brands, including several from Shark Tank India. The company’s innovative approach has led to its selection for Google’s Startups Accelerator: AI First (India) program in July 2024, providing access to critical training, mentorship, and state-of-the-art AI tools.

 

Hypergro.ai’s platform now supports a community of over 300,000 creators across India and has partnered with more than 100 brands, significantly enhancing its AI model’s accuracy and improving revenue generation for clients. As it continues to expand and refine its AI-powered marketing solutions, Hypergro.ai is set to transform the digital advertising landscape, offering businesses more effective and efficient customer acquisition and engagement strategies.

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