Connect with us

Entrepreneur Stories

Meet Mujeeb: A Man Using Water Hyacinths To Make Handicrafts And Provide Livelihood To Poor Women

Published

on

Shaik Abdul Mujeeb is a common man in India who chose an uncommon profession of collecting weeds from water bodies and making handicrafts out of them. Ultimately, it is all about providing occupation to poor women in the Southern region of India.

On his way to college in Andhra Pradesh, Abdul noticed the enormous growth of water hyacinth in lakes. Later, he observed many ponds and lakes too were filled with these hyacinth weeds.

Abdul is very much aware of the damage caused by these weeds. Lakhs of rupees are spent every year by the government to clear these weeds, as these weeds are known to block the exit points of the water bodies. In a span of 45 days, they decay and contaminate the water making aquatic life a bit difficult to survive.

Shaik Abdul Mujeeb’s journey started by collecting these plants, cut their stems, drying them in the sun and making hats out of them. During this process, he learned that a similar practice was going on in Assam too. Seeking help from the Manager of NEDFi, he visited some places in Assam and learned the art of making various handicrafts.

In October 2014, he started a social enterprise and named it Allika that provides sustainable lifestyles to poor women who beautifully handcraft various products from water hyacinths.

Allika was started initially with six women, and now is supporting 70 women. It trains them to create handicrafts from water hyacinths. A wide range of products can be created like handbags, caps, hats, baskets, home decors, dining mats and much more. These products have a shelf life of about 10 years.

‘Allika’ also provides an opportunity to generate income for 30 men who are employed to collect weeds from various locations of Andhra Pradesh. These people especially women raised their standard of living and also provide education to their children.

“We make sales through our Facebook page and some exhibitions in our city. We still need to meet the demand and we are trying to expand and make new products,” says Abdul.

Abdul shared his future plans saying that he wants to put the entire plant of water hyacinth to use. It’s roots and leaves to be used for organic manure. And also make sanitary pads from the fiber of the water hyacinth.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

Meta’s Upcoming AR Glasses: A Sneak Peek

Published

on

Meta’s Upcoming AR Glasses: A Sneak Peek,Startup News,Startup Stories 2025,Startup Stories India,Tech News,Meta,AR Glasses,Ray-Ban Smart Glasses,OLED displays,Qualcomm Snapdragon,AR and AI,Meta unveils new AR glasses with heart rate monitoring,Meta’s Upcoming AR Glasses,Meta News,Meta Latest News,Meta Updates,Meta Latest Updates,Orion AR glasses,Meta AR glasses,Meta's upcoming ar glasses,Meta Upcoming AR Glasses,Meta AR Glasses News,Meta AR Glasses Latest News,Meta AR Glasses Update,Meta AR Glasses Latest Update,Ray-Ban,Marketing,Apple,Google,Meta's AR glasses with Mark Zuckerberg,Mark Zuckerberg,Mark Zuckerberg Latest News,Mark Zuckerberg News,Technoly,Electronics,

Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

Continue Reading

Entrepreneur Stories

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

Published

on

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

Continue Reading

Entrepreneur Stories

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

Published

on

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.

Continue Reading
Advertisement

Recent Posts

Advertisement