| | | Daily Capsule | 8th June 2022 | | | | Hello Readers, What causes ‘burnout’? According to the World Health Organisation (WHO), burnout results “from chronic workplace stress that has not been successfully managed. It is characterised by three dimensions—feelings of energy depletion or exhaustion; increased mental distance from one’s job, or feelings of negativism or cynicism related to one’s job…” Simply put, it is the state of mental, emotional, and physical exhaustion caused by excessive and continuous stress . This has seen an exponential increase in the last two years due to the added stress caused by the COVID-19 pandemic. Microsoft Trend Index 2020 found that India had the second-highest employees (29 percent) facing increased burnout across Asia. On Entrepreneurship 101 today, we discuss how individuals and companies can help prevent it, what causes it, and what to do if you are burnt out. Read more . | | | Here are other highlights of today's Daily Capsule: -
The Interview: How eShipz looks at logistics -
Editor’s Pick: Product Roadmap -
Startup Spotlight: Instahyre -
News and updates and more… | | | The Interview | | | India is one of the fastest-growing online retail markets, with an estimated 289 million people shopping online in 2021. In a conversation with YourStory, Shivadeep Mahadi, Ajaykumar Rajakumar, and Shashi Tripathi, the co-founders of eShipz discuss the nuances of the logistics space and how they’re redefining the automating outbound express logistics landscape in India. | | | Editor’s Pick: Product Roadmap | Editor’s Pick Product Roadmap | | | Bengaluru-based deeptech startup SatSure processes satellite imagery with its proprietary tech and combines it with external data sets to generate actionable insights in the form of dashboards, APIs, mobile apps, and reports. Read more . | | | Startup Spotlight | | | Inside HRtech startup Instahyre | | In 2017, Aditya Rajgarhia and Sarbojit Mallick founded Delhi-based Instahyre, an AI-based advanced hiring platform to help companies navigate recruiting in an easy and efficient manner. The company also claims to focus on reducing the cost of hiring by providing top-quality candidates with just one click. Read more . | | | The CapTable | | | Mamaearth and its three stages of growth | | In a short span, Mamaearth has grown from a 14-member team to a 500-strong unicorn. Its business has become bigger, too: it has multiple personal-care brands and sales channels. The founders — couple Ghazal Alagh and Varun Alagh — have a C-suite of 12 executives. In an interview with The CapTable, Varun describes how the leadership group and business evolved in three key phases. | | Continue Reading | | | News & Updates | -
Edtech platform PhysicsWallah became India's 101st unicorn after raising $100 million in Series A funding from UK-based Westbridge and GSV Ventures, a global VC fund focused on digital education, at a valuation of $1.1 billion. -
Healthcare provider Pristyn Care has announced the acquisition of Delhi-based healthtech platform Lybrate . With this acquisition, Pristyn Care is looking to add doctor consultation online services, improve care effectiveness in primary care, and meet patient expectations. -
Gold loan platform Rupeek is culling 10-15 percent of its workforce across the organisation after the subdued global macroeconomic environment led it to re-evaluate its costs. The total number of employees being laid off is less than 200, a source familiar with the matter told YourStory. -
Social commerce app Meesho has issued a legal notice to certain social media influencers and their agencies for defaming the company. The development came after multiple social media users posted similar tweets in a concerted effort to malign Meesho's reputation. -
Chennai-based Kissflow has launched a unified low-code/no-code work platform that fast-tracks enterprise digital transformation. With this new platform, the company aims to reach 100 million users, said Suresh Sambandam, CEO, Kissflow. | | Read more | | | | Startup Funding: Deals of the day | Startup Funding Deals of the day | | | | | | | | | | | | In Case You Missed It* | | *A roundup of interesting stories from global media organisations; YourStory has not verified this content and does not vouch for its accuracy | | | Upcoming Events | | | Taking note of the overwhelming response to EduStars 2022, YourStory has taken it up a notch by launching a meetup. All in the flesh! Witness policymakers & leaders from the ecosystem to learn about the trends in the sector. Register here! | | | | | | | Want to talk about how growing wealth is taking on a new form? Get involved in conversations that answer questions like this at Paysa 2022, a virtual BFSI/fintech event on June 10th & 11th. Register now! | | | | | Brand Spotlight | | | The DBS Foundation Grant Programme, which aims to find Social Enterprises and SMEs providing sustainable solutions, will offer awardees grant amounts of up to SGD 250,000. To apply for the grant, businesses must send proposals with their innovative solutions that tackle social or environmental issues like reducing energy consumption, waste, or providing sustainable supply chains. Additionally, the SE grant programme also features a “Zero Food Waste” category, focused on supporting SEs whose solutions help tackle the global problem of food waste. Applications are open till mid-June 2022. | | | | | Before you go, stay inspired with... | | — John Kuruvilla, Chief Mentor, Brigade REAP | | | | | | “If you’re on a purpose, the world will come to support you.” | | | | We want to hear from you. Tell us what you think of this newsletter and what else you’d like us to explore. You can reach us at editorial@yourstory.com. If you don’t already get this newsletter in your inbox, please sign up here . You can also read past issues of this newsletter here . | | | | Download the YourStory App | | | | | | Don't forget to follow us to get updates on the go | | | | | | | | |