Hey guys! Hope you’re having a great day. But before we start with our edition today, we would like to bring to your attention something disturbing happening in our Bharat right now!
We have always used Bharat.Inc’s platform to raise voices about what’s right, and it’s time we stand up for the City of Joy, Kolkata.
A 31-year-old trainee doctor was tragically raped and murdered at Kolkata's RG Kar Medical College, her body was found in a seminar hall where she sought rest after a long day. The heartbreaking incident has sparked outrage, with doctors striking and women planning a 'Reclaim the Night' march. It painfully exposes the deep-rooted dangers and lack of safety that women in Bharat's hospitals continue to endure.
So, we ask each of you to do whatever you can to help make this world a safer place for girls and women.
🎯 Top Headlines of the Day
Piramal Enterprises' stock takes an 8% hit as Q1 net profit plunges 64% YOY
EPL stock soars 12%, hitting a 35-month high after impressive Q1 results
Apollo Hospitals aims to reach ₹25,000 crore in revenue within the next three years
📊 Market Pulse
📌 The NIFTY 50 index shows a narrow price range, indicating a consolidation phase where the market is moving sideways without a clear trend direction.📌 Around 10:00, the index experienced sharp price movements within a short time frame.📌 The index struggles to break above the 24,160 mark, as seen from multiple attempts where the price rises to this level but then pulls back, suggesting a potential resistance level around this price point.How Rapido Made Jobs Created 70 Lakh Jobs?
Rapido, a Bangalore-based ride-hailing startup valued at over $1 billion, has created 7 million jobs in the past nine years. Co-founder Pavan Guntupalli revealed at the Moneycontrol Startup Conclave that the company now adds 150,000 new jobs monthly and is working to increase this further. "We have created around 70 lakh jobs in the last nine years and aim to keep evolving," Guntupalli said.
Rapido is also tackling urban mobility issues in cities like Bengaluru, Delhi, and Mumbai.
This shows startups are shaking up Bharat’s job market in some pretty exciting ways. They’re not just creating traditional roles; they’re opening up new opportunities with flexible work setups that fit the modern lifestyle. Whether it's mixing technologies from different industries or launching global ventures, these innovative companies are making a big splash in job creation. Let’s take a look at how startups are changing things:
Diverse Job Roles: Startups often create niche job roles that didn’t exist before, such as data scientists, growth hackers, and UX designers. This diversification helps meet the evolving demands of modern industries and expands the job market.
Zolve, a fintech startup based in India, is a great example of how startups create diverse job roles. Specializing in providing financial solutions and services to international students and professionals, Zolve has expanded beyond traditional banking roles. They’ve created niche positions like product data analysts, growth marketers, and customer experience designers.Cross-Industry Innovation: Many startups blend technologies and concepts from different industries. For example, health tech startups might combine medical knowledge with AI, creating unique job roles that bridge multiple sectors.
HealthifyMe, an Indian health tech startup, is a prime example of cross-industry innovation. Founded in 2012, HealthifyMe combines medical expertise with AI to offer personalized health and wellness solutions. The app uses AI to provide users with tailored fitness plans, dietary recommendations, and health monitoring, blending technology and healthcare in a seamless way.Flexible Employment Models: Startups often embrace flexible work models, such as remote work and freelance opportunities. This adaptability can attract a wider range of workers, including those in underserved or remote areas.
A great example of a startup embracing flexible employment models is Toptal. Toptal, a global talent marketplace for freelance professionals, allows companies to connect with top freelancers and remote workers across various fields, including software development, design, and finance.Incubators and Accelerators: Startup incubators and accelerators support the growth of new ventures. By nurturing early-stage companies, these programs indirectly create jobs through mentorship, resources, and networking opportunities.
An excellent example of this in India is T-Hub, a startup incubator and accelerator based in Hyderabad. T-Hub supports early-stage ventures by providing them with mentorship, resources, and networking opportunities. It connects startups with investors, industry experts, and corporate partners, fostering an environment where new companies can grow and thrive.Social Impact Ventures: Some startups focus on social entrepreneurship, addressing specific community issues. These ventures can create jobs tailored to social needs, such as roles in education, healthcare, and sustainable development.
Rang De is a notable example of a social impact venture in India. This startup focuses on addressing issues related to poverty and inequality through social entrepreneurship. Rang De offers affordable and accessible microloans to low-income families, empowering them to improve their economic conditions.International Expansion: Many successful Indian startups expand globally, leading to the creation of jobs not only within India but also in international markets. This expansion can boost the global presence of Indian talent and expertise.
A great example of an Indian startup making waves through international expansion is Zoho Corporation. Founded in 1996, Zoho is a SaaS company offering a suite of software products for businesses. Initially based in Chennai, Zoho has grown significantly and now operates globally with offices in over 10 countries, including the United States, Japan, and the UAE.
⚠️ Hold UP
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That’s it for today, folks! We will be back again Friday with more valuable insights about ‘Bharat in Business.’ Till then, stay informed and enjoy the Independence Day!
