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What Is Quora?

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What Is Quora?,Startup Stories,Startup News India,Inspiring Start Story,indian inspirational stories of success,story of inspiration,inspirational stories videos,Question and Answer Site,Quora Share Knowledge,Quora Community,Founder Of Quora

Let’s talk about the most trending website Quora, that has answers to all your questions! Or you could say, allows you to answer the questions!

Quora is a question and answer website, where questions are asked, answered, edited and organized by its community of users! The website was launched in 2009 and a year after its launch, Quora received an enormous funding from Benchmark Capital, worth $ 11 million. The company is headquartered in Mountain View, California. By the end of 2011, Quora received half a million users.

In the year 2009, when people were often baffled about finding answers on the internet, that’s when Adam D’Angelo and Charlie Cheever came up with a fascinating idea! These two young lads happen to be ex employees of Facebook. Post their exit from the firm, Adam and Charlie developed an idea and implemented the same into a website now famously known as Quora. The two co founders of Quora, met each other in the premises of Facebook.

About the Co founders!

Adam D’Angelo and the brains behind the social media giant Facebook, Mark Zuckerberg, happen to be school friends! They went to the same school Phillips Exeter Academy, a boarding school in New Hampshire. Their bond was strong and they were great buddies! In 2004, Zuckerberg appointed Adam as the Vice President (VP) of Engineering at Facebook, which was startup back then. Later, in 2008 Adam was promoted to the Chief Technology Officer (CTO) of Facebook.

Speaking about Charlie, here’s how it all started! In the year 2006, Charlie got an email from Facebook, regarding the position of a software engineering manager. At first, Charlie ignored the mail. Later, he changed his mind and accepted the offer. He worked for Amazon before joining Facebook.

How did the Co founders collide?

However, It was on the Facebook campus, where the two , Adam and Charlie would meet and have intellectual conversations. Over the course of time, Adam and Cheever became best friends! They exchanged ideas and thought of setting up a firm that would make it easier for people to share their knowledge, thoughts and opinions.

Later in 2008, both the intellectuals decided to leave Facebook to create their own startup. Quora was derived from Quorum, meaning a group of people coming together to reach a consensus!  In the year 2009, the Quora website was launched. It took around one year to develop the company. Initially, Quora was compared to the search engine giant, Google. However, people recognized the differences between the two! Google is algorithmic focused whereas, Quora depends on knowledge from people! Even though, Quora is similar to Facebook, Twitter, Wikipedia, Yahoo Answers, Answers.com, yet works completely in a different way! Real names of the users are mandatory and you need to login to use Quora, either via your Facebook, Google account or Quora account as well.

Adam D’angelo explains, When you look at Google, its job is to find you the perfect web page. There are a lot of cases when you want to know something and a list of websites isn’t ideal. For example, If you’re looking for an overview, Wikipedia usually has a good, edited aggregation of content. So one way of solving these cases is to pull all of this information out of people’s heads and get it into a useful format that can be shared.

Following its success, in January 2013, Quora launched a blogging platform allowing it’s users to post non answer content on their profiles such as images and other relevant stuff. In April 2014, Quora raised $ 80 million from Tiger Global Management. With each passing year, Quora received several fundings and even investors! In 2017, Quora raised $ 85 million in a series at $ 1.8 billion valuations with Collaborative Fund and Y Combinator! Recently, Quora was also launched in several languages including Hindi, Italian, German, Spanish, Japanese,Portuguese, French and Indonesian.

Keeping this in mind, what we learn from Quora is, an idea can change your life, literally!

 

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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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