Startup
The coming of age of the Indian supply chain landscape
Historically, the growth pivot of any great economy comes from its industrial revolution. We saw the industrial boom in America in the early 1900s due to technological innovations and inventions. One of the underlying lifelines of any major growth phase of a country leads to a massive overhaul of the supply chain.
Over time, global supply chains have seen enormous changes. The way we source, manufacture, and transport goods to end consumers is constantly altering—driven by a multitude of factors—but its criticality is only increasing.
Supply chain is critical, as it can improve performance across the two most important parameters for any company—customer satisfaction and profitability. Innovation in the supply chain can improve time to customers and also help improvise internal processes like sourcing, inventory management, logistics cost, etc.
In the last two decades, we have seen major innovation across the supply chains in India—the recent trigger was COVID-19, which made “go-to-market” more hybrid. Earlier, corporate and retail consumers used to ‘go out’ to buy products—touch and feel, negotiate, etc., were a core part of the buying process.
However, with business-to-business (B2B) marketplaces and ecommerce platforms emerging, we have seen go-to-market change completely for businesses and retail consumers.
Tech platforms are a major driver of the hybrid go-to-market. For example, a personal care product like shampoo—one could buy at a kirana store or a local chemist—is now available on horizontal marketplaces like Amazon, vertical marketplaces like Nyka, D2C on the company’s website, modern and traditional retail, and on quick commerce platforms like Blinkit and Zepto.
Similarly, B2B marketplaces are enabling large corporates and MSMEs to source products faster, with more transparency on quality and price. OfBusiness is into industrial goods from steel to plastics while Infra.market is a marketplace for construction-related products. With this trend, new smaller players are emerging that either cater to a particular location or a defined set of specialised products.
Some key trends dominating the supply chain landscape in India are:
More organised sourcing
Players like Ofbusiness and Zetwerk have revolutionised how sourcing happens across the business value chain—true for large corporates and the MSME sector. They have created one of the largest B2B raw materials procurement and credit platforms and play across a range of products—from commodities like steel to specialised products like speciality chemicals.
Automation
Manufacturing and warehousing automation has been on the rise. Large companies like ABB and Siemens are leading industrial automation, while new-age companies like Addverb, Falcon Autotech, and Difacto are also emerging. New-age companies like Indicold are revolutionising cold chain warehousing through advanced automated racking systems and more.
Diversification of manufacturing/storage
The COVID-19 pandemic and some geopolitical events have shown the world how supply chain disruptions can cause massive shortages, inflation, and the need to reduce dependence on one location.
Accordingly, most companies are planning their supply chain to ensure multiple manufacturing and warehousing locations locally and across countries. China+1 strategy for most nations is an outcome of the need for diversification.
Faster deliveries
Change in consumer behaviour strongly influences supply chain planning. In recent times, we have seen the consumer’s inclination and preference change towards faster deliveries.
While quick commerce has paved the way for quick 10-minute deliveries, it has opened up opportunities for new-age companies that enable same-day delivery to customers.
These types of models are helping brands retain customers, reduce returns, and improve conversions. With this change, we are seeing the emergence of dark stores and new-age logistics companies enabling warehousing closer to customers (beyond the mother warehouses) and same-day delivery companies.
Technology leverage
In the supply chain, the beauty of tech is that ‘it is an enabler and not an eliminator’. Using tech to improve time and cost efficiencies and enable tracking and tracing has helped create a superior customer experience.
Express delivery has been there in India for ages, but Delhivery changed the segment by building a robust technology platform that defined the ecommerce supply chain.
Integrated service providers
Last, but not the least, India’s supply chain is very disaggregated. Multiple smaller players—each operating across some part of the value chain—are creating multiple inefficiencies and increased costs. Today, companies are demanding end-to-end third-party logistics provider (3PL) services—a one-stop-shop for all their supply chain solutions.
The need to simplify the supply chain as an industry is identified by investors, giving birth to focused funds, which are funding early growth companies in the supply chain landscape of India.
By leveraging its domain expertise and its network, such funds help partner companies navigate their growth journey. It is a key differentiating factor that can drive these early-stage companies to market leadership.
Ratna Mehta is the CEO and Managing Partner at Fundalogical Ventures.
(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of YourStory.)
Startup
Taming the restless ‘Monkey Mind’: 6 signs and calming tips
Do you ever feel as if your thoughts are racing, jumping from one idea to the next without pause? This restless state of mind, commonly known as the “monkey mind,” can leave you feeling overwhelmed, distracted, and unable to focus. Imagine a monkey swinging from branch to branch—never still, always moving. The monkey mind does something similar, dragging your attention in multiple directions at once. In a world filled with constant notifications, endless tasks, and overstimulation, it’s no wonder our minds are often buzzing with a mix of unfinished thoughts, worries, and ideas.
Recognising and managing a monkey mind can be a game-changer for mental clarity, productivity, and peace. In this article, we’ll dive into six telltale signs of a monkey mind and explore proven strategies to calm it down and regain focus.
6 Telltale signs of a monkey mind
1. Constant overthinking
A classic sign of a monkey mind is constant overthinking. You may find yourself analysing every detail, reliving past conversations, or stressing over hypothetical situations that may never happen. This mental loop can keep you from moving forward or making decisions, trapping you in a cycle of what-ifs.
Try to channel overthinking into action by setting a time limit for worrying or planning, and then move on. Journaling can also help you process your thoughts and release them from your mind. Practicing mindfulness by focusing on what you’re doing right now can redirect your attention away from endless what-ifs.
2. Difficulty focusing on a task
If you find yourself switching tasks frequently, unable to concentrate on one thing for long, it’s a clear sign your mind may be restless. The monkey mind is easily distracted, often drawn to anything that promises novelty or instant gratification.
Implementing techniques like the Pomodoro Method—where you work for 25 minutes and then take a 5-minute break—can improve focus. Create a designated workspace, eliminate distractions, and try using noise-cancelling headphones or listening to concentration-friendly music to help you stay on task.
3. Procrastination and avoidance
A monkey mind often leads to procrastination, especially when faced with big or daunting tasks. The mind can become overwhelmed by the task’s complexity, prompting you to avoid it entirely and instead focus on smaller, less important activities.
Break tasks into smaller, manageable steps to make them feel less overwhelming. Set a specific goal for each work session, even if it’s just to complete a small portion. Reward yourself for each accomplishment, no matter how small, to keep your momentum going.
4. Heightened anxiety or stress
With the mind constantly jumping from one thought to another, stress and anxiety levels can increase. A monkey mind often dwells on worst-case scenarios and hypothetical fears, causing a continuous cycle of worry and tension.
Incorporate regular deep-breathing exercises or meditation into your day. Slow, mindful breathing can help activate the body’s relaxation response, lowering stress levels and bringing a sense of calm. For some, a quick physical reset—such as stretching or walking—can break the anxiety loop and help you feel grounded.
5. Trouble sleeping
If your mind feels like it’s in overdrive at night, it could be because of a monkey mind. Endless thoughts and worries can make it hard to fall asleep or stay asleep, leaving you feeling exhausted the next day.
Establish a calming bedtime routine to signal your mind and body that it’s time to wind down. Avoid screens at least an hour before bed, and consider listening to a guided meditation or calming sounds to lull your mind into relaxation mode. Journaling before bed can also help you clear your mind by putting your thoughts on paper.
6. Feeling constantly distracted
A monkey’s mind craves stimulation and often finds it challenging to stay present. You may find yourself constantly checking your phone, seeking out new content, or even daydreaming when you should be focused on a task at hand.
Practice “mindful breaks” during your day—short intervals where you put down your devices, observe your surroundings and ground yourself in the present. Limiting the number of things you try to multitask can help, too. Start by giving your full attention to one task, and slowly build your focus endurance from there.
Conclusion
Our minds are naturally curious, and having occasional restless thoughts is normal. However, when the monkey mind takes over, it can disrupt our peace, productivity, and well-being. Recognising the signs of a monkey mind and incorporating calming strategies—like mindfulness, structured work sessions, and relaxation techniques—can help you regain control over your mental landscape. The next time you find your mind swinging wildly, try one of these calming techniques to bring yourself back to a state of balance and clarity.
By making mindfulness a habit and addressing the monkey mind head-on, you’ll be able to cultivate a deeper sense of peace, focus, and contentment in your daily life.
Startup
Swiggy IPO gets oversubscribed led by QIB bids
Foodtech giant Swiggy IPO was oversubscribed 1.07 times by Friday afternoon, the third day of its book-building process.
Qualified Institutional buyers (QIBs), which typically invest on the last day to gauge overall market demand, came through for the company’s IPO, with the portion oversubscribed 1.52 times.
According to the BSE, non-institutional investors(NIIS) made bids for 22% of the allocated issue size, while retail investors subscribed to 97% of the portion.
The Sriharsha Majety-led company saw the quota reserved for employees being subscribed 1.38 times.
On the first and second days of the book-building process, Swiggy IPO was subscribed only 35% and 12%, respectively.
Swiggy has secured nearly Rs 5,085 crore (about $605 million) from anchor investors, including the life insurance and mutual fund divisions of HDFC, ICICI, and SBI. The anchor book attracted participation from over 75 major domestic mutual funds, along with international investors such as Astrone Capital, Fidelity, and BlackRock.
The Bengaluru-headquartered company, which competes with publicly listed Zomato and General Catalyst-backed Zepto, has set its IPO price band at Rs 371 – Rs 390 per equity share.
Startup
OpenAI spent $10 million on this domain: Here’s why!
Have you checked out X (formerly Twitter) lately? If you have, you might have come across an intriguing post by Sam Altman featuring a mysterious URL called “Chat.com”, with no caption. Curious? When you click on it, you’re taken straight to OpenAI’s groundbreaking tool, ChatGPT.
OpenAI has made headlines recently with a jaw-dropping move: they reportedly shelled out over $10 million for this domain! At first glance, this looks like a steep price tag in an era where many brands are trimming their budgets to stay lean.
So, what’s the story behind this hefty domain purchase? Let’s take a closer look at this!
Why OpenAI spent millions of dollars on a domain
This strategic move is driven by OpenAI’s mission to establish itself as a dominant force in the realm of AI-powered tools, particularly through its flagship product, ChatGPT.
In the tech world where innovation reigns supreme, securing a domain that perfectly aligns with the branding and functionality of its most popular service is a given. Today, ChatGPT has rapidly become a go-to AI tool used by millions for generating images, answering questions and offering assistance with content creation and even programming.
So, OpenAI’s purchase of chat.com is not just about owning a cool web address—it’s a calculated move to enhance its digital identity and ensure that the ChatGPT experience remains tied to its brand as it expands its offerings.
The bigger picture: OpenAI and HubSpot
In a surprising turn of events, the tech world is buzzing over OpenAI’s recent million-dollar domain acquisition, leaving many to wonder about its intriguing backstory. The domain in question, chat.com, has quite the history—it was initially registered way back in September 1996.
Fast forward to 2023, and it found a new owner in Dharmesh Shah, the co-founder and CTO of the widely popular CRM platform HubSpot, who purchased it for a staggering $15.5 million! But the plot thickens!
Just a few months later, in March, Dharmesh dropped a bombshell: he sold chat.com to an anonymous buyer for an undisclosed sum, which has now been confirmed to be OpenAI. While Sam Altman has remained tight-lipped about the specifics of the acquisition, reports from The Verge suggest that Dharmesh may have pocketed more than $15 million from the sale.
This hefty investment in chat.com is more than just a flashy purchase; it’s part of OpenAI’s strategic vision. Owning a domain that’s not only memorable but also inspires trust is crucial for establishing credibility and attracting customers in this competitive landscape.
Chat.com is now ChatGPT’s new destination
Spending more than $10 million on a domain might seem extravagant, but for OpenAI, this investment is a strategic move aimed at building a more unified, and recognisable brand. With chat.com, the company positions itself at the centre of the rapidly growing AI-powered market. As OpenAI continues to innovate, this domain acquisition will likely prove to be one of the company’s most crucial investments in securing its place at the top of the AI industry.
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