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Sony Unknown Facts

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Sony, the Japanese multinational conglomerate corporation, is one of the world’s biggest companies.  Founded in 1946, the Company invented many modern devices which became cult favorites. Here are some unknown facts about this giant corporation.

 

Unknown facts about Sony

1) The Company was founded as Tokyo Tsushin Kogyo (TTK) by Masaru Ibuka and Akio Morita during the beginning of World War II.  However, the Company changed its name to Sony after 12 years after Akio Morita’s visit to the United States, when he discovered westerners had trouble pronouncing the Company’s name.

2) Sony once invented a rice cooker which was a massive failure and sold less than 100 units.  It quickly developed a reputation for making undercooked rice or burning the rice altogether. 

3) Sony produces devices exclusively for prison inmates.  One such example is the Walkman SRF-39FP. The walkman has a see through case which prevents prison inmates from hiding anything inside the device.

4) A camcorder released by Sony in 1998 caused quite some controversy.  The camcorder was equipped with a night vision mode which could see through dark clothes due to infrared light.  The Company realized its mistake too late and had to recall the product despite selling almost 700,000 units.

5) The uniform of Sony’s employees is designed by Issey Miyake, a famous Japanese fashion designer known for his technology driven clothes.  Issey Miyake is also the person behind designing the signature black turtlenecks worn by Steve Jobs.

6) The Company started producing pocket radios in the late 1950s and claimed it was the world’s smallest radio.  However, a problem which the Company faced was the radios were too big to fit in shirt pockets. Sony, in order to stay true to its claim, custom made shirts with larger pockets for its salesmen, to make the radios look pocketable.

Did we miss any unknown facts about Sony?  Comment below and let us know.

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Funding

Info Edge Delivers 36% Returns on Startup Investments

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Infoedge

Info Edge, the parent of Naukri.com, has achieved a 36% gross internal rate of return (IRR) on its startup investments since 2007, turning a total investment of INR 3,959 crore across 111 startups into a portfolio now valued at INR 36,855 crore-a nearly 9X gain. Early bets on Zomato and Policybazaar have been especially lucrative, with holdings in these two companies alone worth INR 31,500 crore as of March 2025.

The company’s investment strategy spans multiple vehicles, including the SEBI-registered Info Edge Venture Fund (IEVF), Info Edge Capital, and Capital 2B, with a combined fund corpus of INR 3,423 crore and Info Edge committing INR 1,614 crore. Early-stage investments now contribute 30-40% of the company’s overall value.

Info Edge’s Alternative Investment Fund (AIF) investments have yielded an IRR of 18.7%. Many portfolio companies, such as TrueMeds, Geniemode, Attentive.ai, and InPrime, have attracted follow-on funding from major investors like Accel, Peak XV Partners, and Tiger Global. Notably, BlueStone, the largest investment of Info Edge Capital, has filed for an IPO after securing investments from Prosus, Peak XV, and Steadview Capital.

Founder Sanjeev Bikhchandani emphasized the company’s focus on strong governance and financial controls, with a preference for value realization through public listings or strategic exits.

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Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Startup Stories

Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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Meta’s Upcoming AR Glasses: A Sneak Peek

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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.

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