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Specialty coffee chain abCoffee secures $3.4mn funding

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Abhijeet Anand, co-founder of AbCoffee

AbCoffee, a specialty coffee chain, recently secured $3.4 million in a series A funding round led by venture capital fund Nexus Venture Partners. Tanglin Venture Partners, an existing investor, also joined in the funding.

The Mumbai-based company intends to use the fresh capital to enhance its supply chain and technology stack. The goal is to make its affordable specialty coffee more accessible and quicker through its retail “grab-and-go” outlets. This funding will enable AbCoffee to scale up its operations effectively.

“In India, we have grown up in a chai environment, predominantly in the west of India, and filter coffee in the south. The way it works is that you grab a chai, wait for three to seven minutes, depending on how big a chat you want to have, and then leave. So, it’s not technically grab and go, but an Indianised version of that,” Abhijeet Anand, co-founder of AbCoffee, said.

The funding round anticipates a threefold increase in the valuation of AbCoffee, reaching approximately $15 million (around Rs 124 crore) in less than six months.

“We are focusing on supply chain optimization, vertical integration, and building up our technology stack to bring on-demand coffee at the lowest prices,” Anand said.

Established in 2022, AbCoffee presently runs 49 outlets in cities like Mumbai and New Delhi. These outlets have an average size of 120 square feet, and the company acquires its coffee beans from Chikmagalur, Karnataka farms.

Unlike other coffee companies, AbCoffee has found success in its delivery channel, surpassing industry standards and providing a higher value proposition, as stated by Anand. “Delivery has helped in our pickup as well and made us more popular in our neighbourhoods,” he said. 

According to Anand, during favorable seasons, such as the monsoon, marketplace sales contribute to 30-45% of the total sales.

Before this, AbCoffee secured $2 million in a seed funding round in September 2023, with Tanglin Venture Partners leading the investment.

This recent funding aligns with the growing trend of technology-focused venture capital funds displaying interest in consumer brands with a physical presence. Nexus Venture Partners has also extended a term sheet to lab-grown jewelry maker Aukera.

“AbCoffee’s commitment to making specialty coffee accessible to the masses resonated strongly with us,” said Suvir Sujan, managing director, Nexus Venture Partners. “Their innovative tech model, coupled with their focus on high-quality, ethically sourced beans and efficient brewing methods, allows them to offer premium coffee experiences at surprisingly affordable prices.” 

The Ayurveda Experience raises $27 million in funding 

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The team at The Ayurveda Experience

The Ayurveda Experience (TAE), a company focused on Ayurvedic beauty and health products directly to consumers, secured $27 million in funding. The funding round was led by Jungle Ventures, a venture investment firm based in Singapore. Other investors, including SIDBI Ventures, Anicut Capital, and Sharrp Ventures (associated with the Mariwala Family Office, which operates consumer goods company Marico), also participated.

In this funding round, approximately $15 million was allocated for primary funding, benefiting the company directly. The remaining funds were dedicated to secondary share sales by existing shareholders.

The company did not disclose the valuation at which it raised the money. 

Including this latest round, the company has raised a total of $41 million up to now. Fireside Ventures was among the earlier investors. Rishabh Chopra, the founder and chief executive, holds the largest share of about 25%. Following him are Jungle Ventures and Fireside Ventures.

“As India continues to assert itself on the global stage, a distinctive opportunity arises for our entrepreneurs to establish global brands with uniquely Indian flavours… At Jungle, we remain deeply committed to backing founders building brands deeply loved by the customers, and TAE fits very well into this,” said Arpit Beri, partner at Jungle Ventures. 

According to Chopra, the funds raised will be utilized for research and development, brand building, and enhancing manufacturing and supply chain capabilities. The majority, over 95%, of the company’s sales originate from foreign markets such as the US, Australia, Europe, and Canada. The company is now eyeing expansion into selected “developed Asian economies”.

The company operates four lines of beauty and health products – iYURA, Ajara, A Modernica Naturalist, and Ayuttva. These products are manufactured, sold, and distributed through its platform. Additionally, the company provides various services, including consultation, content, webinars, and courses on Ayurveda.

Chopra mentioned that more than 95% of the company’s sales take place through its own website. Emphasizing their commitment, he stated that the company will continue investing in its website, emphasizing, “We do not rely on channels like Amazon”.

In addition to its online presence, the company operates two stores in Los Angeles and has established partnerships with various retailers in its markets. This aligns with a broader trend among D2C brands in India, seeking to expand their physical presence through omni-channel strategies.

For fiscal year 2023, The Ayurveda Experience generated revenue of Rs 259 crores. Looking ahead to FY24, Chopra expressed the company’s goal to increase this to Rs 350 crore. However, in FY23, the company reported a net loss of Rs 17 crore.

D2C skincare brand Foxtale bags $14 million in funding 

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Foxtale Consumer, a direct-to-consumer (D2C) skincare company, has secured approximately $14 million (Rs 120 crore) in new equity funding, as disclosed in regulatory filings with the Registrar of Companies. 

The funding was spearheaded by Panthera Growth Partners, a Singapore-based investment firm, with continued support from existing investors Matrix Partners India and Kae Capital. 

Founded in 2021 by Romita Mazumdar, formerly of Mumbai’s A91 Partners, Foxtale Consumer had previously raised $4 million in 2022 from Matrix Partners and Kae Capital.

Panthera Growth Partners has a history of supporting Indian consumer startups like BigBasket, Pepperfry, and Zivame. Meanwhile, Matrix Partners has invested in direct-to-consumer (D2C) startups such as The Whole Truth, Damensch, and Country Delight. Kae Capital, another investor in Foxtale Consumer, has backed startups like Healthkart.

In its first full operational year of 2022-23, Foxtale Consumer reported operating revenue of Rs 14 crore and a net loss of Rs 18 crore. The company strategically invested in branding and marketing efforts, as indicated by regulatory filings from Tofler. 

In the skincare segment, which encompasses products like moisturizers, serums, sunscreen lotions, creams, and gels, Foxtale Consumer faces competition from brands like Peak XV Partners, Unilever Ventures-backed Minimalist, Vertex Ventures-backed Pilgrim, Nykaa’s Dot & Key, A91 Partners-backed Plum, and Honasa Consumer’s Mamaearth and The Derma Co.

A study conducted by Redseer Strategy Consultants and Peak XV Partners projects that India’s beauty and personal care market will experience significant growth, with an anticipated compounded annual growth rate of 10% from 2022 to 2027. This expansion is expected to propel the market to a size of $30 billion.

Foxtale Consumer’s recent funding round aligns with a broader trend where risk capital investors are shifting focus toward consumer brands over technology companies. This shift is driven by the relatively high valuations commanded by technology startups in the current investment landscape.

Foxtale Consumer’s recent funding round, securing about $14 million in fresh equity, is part of a broader trend among consumer brands. This includes Mokobara, a luggage maker that raised $12 million in February led by Peak XV Partners, Nat Habit, a beauty and wellness brand that received a $10 million infusion in December 2023 led by Bertelsmann India Investments, and Pilgrim, a personal care brand that secured $20 million in funding in September of the previous year, led by Vertex Ventures.

Sarovar Hotels to launch a new property in Hubli, Karnataka 

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Sarovar Hotels has announced its collaboration with Shriya Holdings to establish a new hotel in Hubli, Karnataka, branded as Sarovar Portico. Situated on Gokul Road, this 60-room facility will debut in 2026, offering contemporary amenities catering to business and leisure guests.

This alliance signifies a noteworthy advancement in Sarovar’s expansion strategy, marking the ninth Sarovar-managed establishment in Karnataka. The company is enthusiastic about reinforcing its footprint in the state, recognizing the rising influx of travellers to the region as a promising avenue for quality accommodation.

Leveraging its strong presence and reputation in the hospitality sector, Sarovar expresses confidence in maintaining success in these markets, bolstered by the steadfast collaboration with its trusted partner, Shriya Holdings.

Hotelogix becomes the leading Cloud Hotel PMS in the Philippines

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Hotelogix, a leading cloud-based hospitality technology provider, proudly announces its position as the top Cloud-based Property Management System for Hotels in the Philippines. This achievement comes after successfully onboarding 57 properties with 7,437 rooms from the Global Comfort Group Corporation (GCGC), marking a significant moment in Hotelogix’s expansion in Southeast Asia’s hotel industry.

The Philippines, recognized as a key tourism destination in Southeast Asia, has a rapidly expanding hotel sector. According to various sources, the country currently hosts around 2,000 hotels, encompassing over 100,000 rooms across multiple categories such as domestic hotel groups, international chains, boutique hotels, resorts, and independent properties. Projections indicate an additional 15,000 rooms by 2028, further enriching its hospitality landscape.

Speaking on the occasion, Aditya Sanghi, CEO of Hotelogix, said, “Securing the leading position in the Philippines market is a testament to our persistent efforts and deep engagement with the region over the years. It reflects how we’ve grown and transformed as both a product and brand, bolstered by the unwavering support and endorsement from our customers. We intend to leverage this momentum to further strengthen our position in the Philippines and other Southeast Asian regions.”

As hotel groups and management companies expand their portfolios in the Philippines, a centralized and digitized solution to enhance efficiency and control over daily operations becomes crucial. Hotelogix, with its multi-property management system, provides centralized control to over 250 hotel groups. Notably, the platform has demonstrated its effectiveness by successfully implementing its solution across 500 properties, totalling over 70,000 rooms, during the 2022 Football World Cup in Qatar.

Speaking about their decision to make such a strategic move, Alexander Asuncion, Senior Executive of GCGC and CEO & Business Unit Head of Global Officium Limited Inc (GOLI), said, “For a large hotel management group like ours, upgrading to cloud-based operations is a giant leap forward. We put a high premium on operational efficiency and excellent customer service, as these form part of our group-wide and long-term strategic direction. We are confident that this partnership with Hotelogix is a critical step towards future-proofing our business, assuring our customers of the best value-based hotel service for years to come.”

Since 2009, Hotelogix has played a key role in migrating hotels in the Philippines to cloud-based solutions. Enable Hospitality, serving as its initial customer and partner in the market, has significantly driven Hotelogix’s adoption in the region.

“Doing business with Hotelogix as a customer and a partner has been exciting since 2009. Over the last decade, they have grown as a product and service, well-suited for the Philippines market. Without Hotelogix, travel accommodation establishments in the Philippines are overlooking a pivotal advantage,” said Patrick Favoreal, Founder & CEO of Enable Hospitality and Solutions4Hotels.

Congratulating Hotelogix, Hanky Lee, CEO of The Henry Hotels & Resorts, said, “We have been loyal users of Hotelogix since 2016. We love how they constantly innovate their PMS and that they’re always there when we have questions. Congratulations! Upward and onward!,” 

“We thank all our customers for trusting us with their business transformation. As we solidify our position as a leading Hotel PMS provider in the Philippines, we are well-positioned to help more and more hotels migrate to the cloud,” Aditya Sanghi added.

Hotelogix has achieved a collective sign-up of over 12,000 rooms and secured partnerships with notable brands such as Millennial Resorts, Prime Asia Hotels, Royale Paragon Hospitality, and Brittany Hotel.

Navi to expand tech team by 30% in 2024

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Navi, the Indian financial services company, plans to expand its tech team in 2024, with a significant focus on technology investments. The company is actively recruiting talent from campuses and lateral hires.

A group of engineers is set to join in June 2024, and hiring will continue throughout the year through various channels.

The goal is to enhance and scale services in lending, health insurance, UPI, mutual funds, and explore new product lines.

“The team will focus on advanced technologies like Generative AI, alternative AI/ML, and Big Data capabilities to improve credit underwriting, increase underwriting volumes, detect fraud, and enhance customer support, quality assurance, and sales processes,” Navi said in a statement.

Expanding the tech team aligns with Navi’s mission to simplify finance for a billion Indians and offer a seamless experience through the Navi app. 

Co-founded by Sachin Bansal and Ankit Agarwal, the Bangalore-based company strives to make finance simple, affordable, and accessible to millions. Navi provides various financial products, including personal and home loans, UPI, insurance, mutual funds, and gold. With a focus on digital-first financial solutions, Navi aims to create excellent customer experiences.

Identity verification platform IDfy raises $27mn in funding

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IDfy CEO Ashok Hariharan

IDfy, a Mumbai-based platform for identity verification and digital onboarding, has secured $27 million in a funding round from Elev8 Venture Partners, KB Investment’s growth stage fund, and Tenacity Ventures.

Elev8 Venture Partners is a maiden growth stage fund of South Korea’s KB Investment, which also participated in the round along with Tenacity Ventures. 

Established in 2011 by Ashok Hariharan and Vineet Jawa, IDfy provides solutions for know-your-customer (KYC), know-your-business (KYB), employee background verification, risk and fraud mitigation, digital onboarding, and digital privacy. 

The firm’s notable clients include HDFC Bank, Axis Bank, Zomato, PhonePe, Paytm, HUL, and American Express.

“Investment from Elev8 and Tenacity is a strong validation of our vision and capabilities. The funds will fuel our expansion plans and product development, enabling us to serve even more businesses and unlock opportunities for trustworthy people and businesses,” said IDfy CEO Ashok Hariharan. 

IDfy claims to conduct over 60 million verifications each month.

“We are thrilled to partner with IDfy as our first investment. The company’s innovative technology, experienced leadership team and strong market fit position it for remarkable growth,” said Navin Honagudi, managing partner, Elev8 Venture Partners. 

Back in October 2021, the company secured Rs 86 crore in funding, with TransUnion and Blume Ventures leading the investment.

Excel Guru & IT Visionary: A conversation with Vivekananda Sinha

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Mr. Vivekananda Sinha, CEO of Future in Hands

From the corridors of the corporate setting to the CEO of Future in Hands, Mr. Vivekananda Sinha’s journey exemplifies a transformational odyssey. He serves as a guiding light for those aspiring to forge a successful career in IT. Specializing in aiding individuals without an IT background, he unravels exciting opportunities for growth and advancement. Renowned for his excellence as an Excel trainer and mentor, he has received awards and recognition for his practical and in-depth teaching style. Mr. Sinha is known for his calm, composed, and result-oriented approach. Recognized as one of the Top 20 Entrepreneurs in India and the author of “You Can Excel,” he is also honoured with the Guru Award for Best Trainer. Offering his services in career development coaching, public speaking, corporate teaching, and business analytics, Mr. Sinha stands as a multifaceted leader in the Industry. 

Business Review Live had the opportunity to engage in a conversation with Mr. Sinha for this exclusive interview, where we aimed to reveal the strategies behind his mentorship, ensuring his students not only excel in their careers but also transform into visionary leaders. As the company’s founder, Mr. Sinha’s story serves as a path for those who want to excel in the dynamic landscapes of IT and business. Let’s embark on a journey together through his insights, experiences, and the fundamental principles that can shape the careers of aspiring people.

As someone who has spent most of their career working as a Data Analyst in a corporate setting, what was the turning point that led you to pursue a new path as a mentor and entrepreneur? 

From the very beginning, I’ve worked with top companies for over a decade. While working, I spent my weekends primarily creating awesome data analytics dashboards and tools using Microsoft Excel. My colleagues and management at the office loved these tools, and I received the best appraisals multiple times.

My wife suggested many times that I should start my private coaching. It would help us earn extra income, but I kept ignoring her.

One day, I got an opportunity to train Data Analysis to senior employees at my company. Although nervous, I finally decided to give it my best. The training went so well that I received the Guru award for the best trainer of the month. The journey of receiving the Guru award continues. This boosted my confidence and illuminated my career path. Life became exciting again, and dreams started reappearing.

The training manager approached me, saying his friend wanted training from me. After meeting him, I invited him to begin coaching at my house. Excitedly, I shared this with my wife, who had been suggesting this for a long time. She encouraged me to tell my friends and colleagues, and soon, I had my first batch of four students. The program went so well that I received multiple references, and soon, all my batches were full. Everyone was growing in their careers under my mentorship.

This became the turning point of my life. I finally resigned from my corporate job and, together with my wife, started our coaching and mentoring company, Future in Hands.

Of course, you possess the necessary expertise to excel in the IT industry, but what led you to believe that anyone, regardless of their background, can succeed in the field of IT? How do you assist professionals without an IT background in overcoming challenges during their career transition?

In the ever-changing world of IT, I am sure that success isn’t just for people with a typical IT background. IT is diverse, constantly changing, and welcomes contributions from various professionals. People without a traditional IT background can do extraordinary things in this field.

Firstly, IT is all about solving problems and bringing innovative ideas. People from different backgrounds bring unique perspectives and skills, which can lead to creative and unconventional solutions. This diversity is valuable when facing challenging problems and developing new ideas. 

Secondly, because technology is constantly advancing, there’s a need for various skills, not just the usual IT ones. Skills like project management, communication, leadership, and analysis are now just as important. People from non-IT backgrounds often have these skills, making them ready for the diverse demands of the IT industry.

To help professionals switch to IT, I focus on a personalized approach. I figure out their skills, find skills that can transfer to IT, and provide targeted training and mentorship. Closing the knowledge gap is crucial, and I guide them on relevant certifications, courses, live projects and hands-on experiences that match their goals.

Connecting them with my experienced students who have successfully transitioned helps them understand the Industry better, gain insights, and build a support network for long-term success. 

In short, I believe success in IT is for everyone because of the various skills that contribute to the field’s energy. By offering personalized guidance, resources, and mentorship, I aim to empower professionals from different backgrounds to tackle challenges and make a real impact in the exciting world of information technology.

Your expertise in Excel and data analysis is widely acknowledged. How do you make learning these skills practical and in-depth for your students, and what motivated you to become a leading figure in this field?

Creating a practical and in-depth learning experience for my students in Microsoft Excel and Data Analysis involves a combination of structured lessons, hands-on exercises, and real-world applications. And the most important Why Excel?

Here are some key points that helped my students get in-depth knowledge: 

Structured Curriculum: Microsoft Excel is vast and can’t be learned in just one generic course. It has wide capabilities such as MIS & Reporting, Data Analysis, Decision Making, Automation, etc. All these are broad areas with thousands of use cases in the Industry. Keeping this in mind, I have created multiple courses, rather than various levels of my Excel Learning such as Microsoft Excel Masterclass, Advanced Dashboard Development in Excel, Brainstorming Microsoft Excel, Excel VBA Programming, etc. There is a proper roadmap that I will guide before starting this course. The same structure applies to my other courses as well.

Real-world Applications: I use many real-world examples and case studies in my courses. It helps them to implement their conceptual skills into practical exercises. It also helps them to understand the type of work being done across different industries. 

Developing Live Projects: We regularly receive small and big projects from my clients. I used to get it done from my students. Assigning projects helps students tackle real-world problems and apply their knowledge to solve specific problems. This involves analyzing a dataset, creating dashboards, or automating particular processes.

Make them Updated: I Keep my students updated with the latest features, not only with Excel but also with other tools used in the Industry. It ensures my students are learning relevant skills and staying updated constantly.

I customize my teaching methods based on my students’ learning styles and preferences. Creating a dynamic and interactive learning environment contributes to a more practical and in-depth understanding of Microsoft Excel and Data Analysis.

Hundreds of thousands of my student’s successes became an inspiration for me. They are the company’s top performers, receiving multiple awards for their work. They become successful in their career and live the life of their dreams.

It’s intriguing to see your role as a coach and mentor to help individuals excel in their careers and evolve professionally. Could you please share some insights in this regard?

Certainly! Coaching and mentoring are valuable aspects of professional development aimed at helping individuals reach their full potential. Here are some insights into how I help my mentees excel in their careers and evolve professionally:

Goal Setting: I help them define their short-term and long-term career goals. A clear vision of where they want to go helps them make informed decisions and focus on their objectives.

Continuous Learning: I help them develop a mindset of constant learning by staying updated on industry trends, acquiring new skills, learning new tools and pursuing relevant certifications. This enhances their knowledge, makes them more valuable to employers, and helps them stay ahead in their careers.

Adaptability: We all know that the Industry keeps changing occasionally. Being adaptable and resilient in the face of challenges is vital. I help them accept change, learn from setbacks, and how to use them as opportunities for growth.

Time Management: We all have 24 hours, and managing the time is crucial. I help them prioritize their tasks, set realistic deadlines, and avoid procrastination. Efficient time management is crucial, allowing them to achieve more and reduce stress.

Work-Life Balance: I consciously maintain a healthy work-life balance. I want my mentees to keep the same. I understand that burnout can hamper their professional growth, so I teach them to take care of their physical and mental well-being to ensure sustained success in their career.

Personal Branding: I actively encourage my mentees to define and build their brand. It helps them showcase their strengths, values, and expertise. A solid personal brand can set them apart in a competitive job market. It also helps them transform their passion and skills into multiple income streams.

Remember, professional evolution is a continuous process. By staying proactive, adaptable, and committed to growth, You can excel in your career and achieve long-term success.

Having received the Guru Award for Best Trainer, how do you ensure that your training methods stand out and contribute to the growth of individuals and organizations?

I am deeply honoured to have received the Guru Award for Best Trainer, which underscores my commitment to excellence in training.

My approach to training is distinguished by a set of principles that I believe contribute significantly to the growth of individuals and organizations.

First and foremost, my training methods are founded on a thorough understanding of individuals’ and organizations’ specific needs, challenges and objectives. I conduct detailed needs assessments to identify areas of improvement and tailor my training programs accordingly. This ensures that the training is not a generic solution but a precisely targeted intervention designed to deliver tangible results. This is also impactful in driving organizational growth.

I do Experimential Learning. It involves hands-on, practical experiences that enable participants to learn by doing. This includes case studies, live data and real-world projects. It helps them gain valuable skills directly applicable to their roles, leading to increased competence and confidence. Organizations benefit from employees who can apply their learning to drive innovation and problem-solving. For my courses and mentorship programs.

I use Blended Learning Models. It combines classroom instruction with online learning, incorporating a variety of multimedia, self-paced modules, and interactive elements. It provides flexibility, allowing participants to learn at their own pace while still benefiting from face-to-face interactions in live workshops and Q&A sessions. Individuals can access training materials anytime, anywhere, enabling a continuous learning culture. Organizations benefit from cost-effective and scalable training solutions, ensuring employees stay updated on skills and knowledge relevant to their roles.

Furthermore, I place a strong emphasis on measurable outcomes. A key aspect of my training philosophy is the establishment of clear, quantifiable objectives. This allows for systematically evaluating the training’s impact on individual performance and overall organizational growth.

Lastly, my commitment extends beyond the training room. I provide ongoing support and resources to participants, encouraging a culture of continuous learning. This post-training engagement ensures that the knowledge and skills acquired are reinforced and applied over the long term, contributing to sustained individual and organizational development.

You’ve been recognized as one of the Top 20 Entrepreneurs in India. What do you believe sets Future in Hands apart, and how do you envision contributing to the future of IT?

I am honoured to be recognized as one of the Top 20 Entrepreneurs in India. At Future in Hands, we stand out because we’re committed to coming up with new ideas, thinking ahead, and always aspiring to do our best. Our company is based on the idea that the future of technology isn’t just a fixed destination – it’s constantly changing, and we need to keep up with it.

What makes us different is the way we approach solving problems with technology. We don’t just see it as a separate thing. Instead, we think about how it fits into the bigger picture of businesses. We use the latest technologies like artificial intelligence, robotics and data analytics to give our clients complete and forward-thinking solutions.

Looking forward, we want to be a big part of the changes happening in technology. We believe in creating a culture where our team constantly learns and adapts quickly. This helps us understand where technology is going, see new opportunities, provide solutions that work now, and prepare for what’s coming in the future.

Our vision for the future isn’t just about making our business successful. We also want to help the country grow by getting involved in projects that promote digital learning, skill-building, and using technology for positive changes. We want to be a force for good, using our position in the Industry to bring advancements that benefit everyone in society.

To sum it up, Future in Hands is different because we take a broad approach to technology, we’re really into coming up with new ideas, and we’re actively involved in making sure technology benefits everyone in the future. We’re ready to significantly impact business and shape a tech-savvy and prosperous future for India.

What inspired you to author “You Can Excel”, and what key messages do you hope readers take away from it, especially those aspiring to excel in the IT industry?

You Can Excel contains magic tricks in Excel that only the top 2% of Excel experts use. I have put my 17 years of effort into bringing this book from small to significant challenges and obstacles to Excel users. It covers everything which a user might tackle in life.

Ninety-five percent of companies use Excel for their work. As a result, anyone from executives to decision-makers can refer to this fantastic masterpiece. This practical book covers all sorts of tips and tricks that make your work amazingly easy.

This book is my first book to make Excel a relief in everyone’s mind, and it can be handy with any problems they face. Excel with ease is my motive, as data carries so much weightage for any company, business, and individual to support their growth. People struggle day and night to finish their work and may also feel low because they do not know the tricks the way they should. What I faced during my professional career I do not want anyone to tackle the same, so I tried hard to put all my efforts into creating a simple Excel magical handbook. I assure you that this book will never demotivate you and will always be a lifesaver in your Excel work.

I know it is very tough to manage all records systematically and be presentable, but do not worry; trust these methods. On the contrary, I hope my small trial will enlighten you and build more confidence in your work.

This book took months of sleepless nights, utmost effort and corrections, collaborations with people, experiences, struggles, emotions, dedication, dreams to achieve bigger things, and many aspects that hindered me from using this platform.

My mission is to serve millions of individuals in their success and journey in life.

It took 17 years to learn through hit-and-trial methods. I took an exceptionally long journey to understand mistakes and later produce results. We are hesitant to answer if unsure about the solution, which tackled me in my career. I got rejected in my first Excel interview. This incident clinched me high, and I have set the bar to learn it with complete dedication and commitment. Although circumstances have changed, and now there are many learning options, I do not want you to stay behind. I referred to my processes, concepts, mistakes, and experiences to design this book. Most People lack innovative work, and here I brought a backup for all with magical tricks. My mistakes were part of my life, but you can adapt my learnings and see magic in your career.

These tricks are not just a collection but a solution to so many pain areas of Excel.

After learning the concepts, I can assure you that your productivity will increase by 200%, and you will start working smart instead of hard. This book also builds your confidence in problem-solving, logic-building, and decision-making in Excel. Innovative work is my aim; I need everyone to teach this in their journey and reach their higher goals positively.

Lastly, what advice do you have for aspiring individuals navigating careers in IT and business, based on your journey and expertise?

Navigating a career in IT involves keeping some essential things in mind for success. Here’s some straightforward advice based on my experience:

Continuous Learning: The IT landscape is dynamic and ever-evolving. Stay up-to-date on the latest tools and technologies. Dedicate time for continuous learning through online courses, certifications, and staying engaged with industry publications. Adopt a mindset of lifelong learning to remain competitive and relevant in the fast-paced IT industry.

Specialization and Depth: While having a broad understanding of various IT domains is valuable, consider specializing in a particular area of interest. Developing deep expertise in a specific technology or domain can set you apart in a crowded job market and open up opportunities for advanced roles.


Hands-on Experience: Theory is essential, but practical experience is invaluable. Seek out opportunities for freelancing or personal projects to apply your knowledge in real-world scenarios. Practical experience enhances your skills and demonstrates your abilities to potential employers.

Networking: Establishing a solid professional network is crucial in IT. Attend industry events, join online forums, and participate in networking groups. Building connections with professionals in your field can provide insights and mentorship and open doors to new opportunities.

Soft Skills: Besides technical skills, cultivate soft skills such as communication and problem-solving. The ability to convey complex technical concepts clearly and understandably is highly valued in IT environments.

Build a Strong LinkedIn Presence: Create and maintain a professional presence on LinkedIn. Showcase your skills, projects, and contributions to the IT community. A robust online presence can attract potential employers and collaborators.

Mentorship: Seek out mentors who have successfully navigated the IT industry. Learning from the experiences of seasoned professionals can provide valuable insights and guidance and accelerate your career growth.

Combine Passion with IT: If you love something, find a way to use your IT skills with it. Whether music, art, or sports, technology can help you turn your passion into a job.

In summary, a successful career in IT requires a combination of continuous learning, practical experience, networking, adaptability, and the development of both technical and soft skills. By adopting these principles, you can position yourself for long-term success in the dynamic field of Information Technology.

All the best!

Singapore’s Temasek in talks to invest in OpenAI: report

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Temasek Holdings, based in Singapore, is considering investing in OpenAI, a Microsoft-backed AI company, as reported by the Financial Times. Two individuals familiar with the matter shared that discussions have taken place.

Executives from Temasek have had multiple meetings with Sam Altman, the CEO of OpenAI, in recent months. Altman is reportedly discussing securing funding from $5 trillion to $7 trillion for a network of AI chip factories.

In the United States, AI startups received a significant share of investment last year, with one-third of the total investment. This surge in investor interest followed the prominence of OpenAI’s ChatGPT, leading to a race among startups to advance AI technology.

Temasek is an engaged investor in the tech sector, boasting a portfolio valued at S$382 billion ($284.21 billion) as of March 31. Notable companies in its portfolio include Roblox, Tencent, and Alibaba.

The introduction of OpenAI’s ChatGPT in late 2022 garnered significant interest in generative AI technologies, prompting substantial investments in the necessary chips and servers to facilitate the widespread adoption of such applications.

Sustainable energy-tech startup Urja Sathi raises Rs 35 lakh in its seed round 

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Urja Sathi, a sustainable energy-tech platform, has raised Rs 35 lakh in its seed round, co-led by Ankit Jain and Sharlee Jain, co-founders of Paper Arizona. 

The company plans to use the funds to hire talent, improve customer support, and enhance marketing and branding for better visibility among its potential B2B and B2C audiences. 

Founded in 2023 by Anurag Srivastava and Gaurav Gupta, Urja Sathi is an e-commerce marketplace catering to the solar and clean energy sector, providing comprehensive solutions to businesses and end-users across India through various online services, products, and promotions.

Based in Lucknow, Urja Sathi aids manufacturers, suppliers, installation services, and other solar and clean energy entities expand their operations. The platform facilitates end-users in comprehending and evaluating system components, along with assisting system integrators and other businesses in making informed decisions to select high-quality, reliable solar products tailored to their specific requirements. 

In the competitive landscape, Urja Sathi faces rivals such as Solartrade, SunSync Technologies, Malem, U-Solar Clean Energy, and others in this domain.

Speaking on the fundraise, Anurag Srivastava, Founder, Urja Sathi, said, “This investment marks a significant new chapter in Urja Sathi’s journey and fuels our long-term vision of bringing all buyers, sellers, and a diverse range of key ecosystem players of the clean energy segment in India under one roof via our platform, and eventually becoming the biggest, most efficient and credible marketplace in India catering to renewable energy. Through the Urja Sathi marketplace portal and upcoming app, we are committed to streamlining the adoption of solar and clean energy for both residential and commercial customers in India.”