Daybreak

The Ken
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Jul 8, 2024 • 11min

Why is Truecaller protecting you from spam calls instead of TRAI?

For a country that boasts of its digital public goods infrastructure like Aadhar and UPI, it is a wonder why telecom has been so ignored. After nearly 1500 crore rupees of was reportedly lost to digital fraud in the financial year 2024, the govt's TRAI is finally scrambling to catch up with CPAN or the Calling Name Presentation (CNAP) service, its own version of Truecaller.Truecaller, the Swedish call-screening company, meanwhile, has been holding the fort for a while now. Users count on it to save them from spam and fraud calls. While TrueCaller maybe looking like a hero in this situation, it is a private company after all. It is  using this opportunity to make money from both users and businesses. But its success in India is also built partially on how inadequate privacy laws are in India. It company has been accused of breaching data privacy norms in the past.Can TRAI replace Truecaller?Tune in.Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
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Jul 4, 2024 • 49min

Daybreak Special: Why crazy rich Asians are buying one way tickets out of China

The podcast discusses the exodus of millionaires from China due to safety concerns and asset protection. It compares India's situation and explores why wealthy individuals are leaving. The hosts speak to an editor about the trends in Southeast Asia. Additionally, the episode covers topics like 'runology', asset migration, and regulations impacting millionaire relocation. The episode also touches on Hong Kong's regulations and Cantonese cuisine, ending with a discussion on the book 'House of Leaves'.
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Jul 4, 2024 • 10min

Zomato and Zepto are doing for EV battery swapping what the govt isn't

For quick delivery apps like Zomato and Zepto that are often questioned for their carbon footprint, switching to electric vehicle or EV fleets is not just a matter of being environmentally conscious, it is also economically more feasible.But here’s the thing. While takes about four hours to charge an electric scooter from zero to full using a slow charger and approximately 15 minutes for a fast charger, battery swapping which literally takes two mins.Which is why delivery company drivers for whom speed means money, battery swapping is a better option than charging. Quick commerce companies have understood this and they’re partnering with these companies. For example, Zomato and Zepto have both partnered with Battery Smart, a Delhi-based network of battery-swapping stations for EVs. Plus, this comes at a great time because these battery swapping companies are attracting a lot of VC money despite the general VC funding crunch lately. And VCs are loving the fact that quick commerce giants are tying up with these battery swapping companies.So, you’d think that that government must be doing everything it can to give battery-swapping service providers support to expand right?Turns out, that is not really the case.Tune in.Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
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Jul 3, 2024 • 10min

Sugar.fit's diabetes 'reversal' plan is anything but sweet

Cult.fit backed Sugar.fit very boldly promises to completely “cure”  diabetes in as little as six months. It also promises unlimited consultations with top doctors, daily fitness classes, the works. All for about Rs 30,000. That’s a small price to pay for a diabetes-free life. So of course, thousands sign up for it. But if you ask a healthcare professional they will tell you that reversing diabetes completely just isn’t possible. So what is Sugar.fit up to? Tune in to find out P.S. While you are here, check out the latest episode of The Ken's careers podcast The First Two Years. Host Akshaya Chandrasekaran delves into how to transition from grunt work to real work. 
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Jul 2, 2024 • 9min

Nobroker is no longer no broker

Nobroker introduces a postpaid plan for wealthy property owners, similar to traditional brokers. This move goes against its original premise. Explore why Nobroker changed its strategy and the challenges it faces in the high-end property market.
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Jun 30, 2024 • 15min

What's making investors go googly-eyed for Zepto?

Discover how Zepto, a key player in the quick commerce market, secured a massive US$3.6 billion funding and plans for more at a US$5 billion valuation. Learn about its rapid growth, investor interest, and potential IPO, showcasing its unique position in the Indian market.
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Jun 28, 2024 • 30min

Daybreak Special: Stoa School is dead. Long live altMBAs.

Exploring the rise and fall of Stoa School, an alternative business school in India, and its impact on the landscape of altMBAs. The podcast delves into Stoa's course content, challenges, and unique approach to education. It also discusses the birth and growth of Cairo School of Business as a new player in the educational sector.
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Jun 26, 2024 • 14min

At-home blood tests are soaring, and throwing up wrong results

The pandemic, as brutal as it was, forced a lot of businesses to double down on convenience and accessibility. Whether it was your online education or quick deliveries or at home blood tests. Just to be able to skip that dreaded visit to a hospital or a diagnostic centre meant so much to most people.Accredited labs popped up all over promising to come right to your doorstep and collect your samples from the comfort of your home and that too for super affordable prices. Healthians, a testing lab startup has seen bookings triple since the pre-pandemic era. Now, the company handles 12,500–13,000 bookings daily, with nearly 75% of its business coming from home collections.But while home tests are gaining popularity, whether you can trust them 100% is still under question. Phlebotomists and runners hold the keys to a sample’s fate and accuracy. Tune in.Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
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Jun 26, 2024 • 11min

Bain is switching up its strategy in India. It’s 'cutting the excess fat.'

On June 3, about 200 employees of the American management consulting firm Bain and Company’s India division received a rather ominous calendar invite. They each would have a 10-minute meeting with HR. But no one, other than the heads of the regional offices and the head of HR, knew what the meeting was about. During the meeting, they were all told they were being laid off. The layoffs took the consulting community by surprise, because it just wasn’t a very ‘Bain’ thing to do. What's going on? Tune in to find out. P.S. While you are here, check out the latest episode of our careers podcast The First Two Years, where host Akshaya Chandrasekaran delves into how to build trust with colleagues who don't trust you.
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Jun 25, 2024 • 11min

Are Reliance's deep pockets enough for Tira to steal Nykaa's crown?

Nothing about Nykaa is strictly its own anymore. Back when it went public, it had no real rivals in the beauty space. But since then, things have changed. Last year, India’s largest retailer, Reliance Retail, officially entered the beauty space. It launched an omnichannel beauty retail platform called TiraReliance isn’t playing around. In the last year, it has made one thing clear: it wants to completely shake up the country’s  beauty segment. But even the Reliance legacy to back it up, Tira’s success in this space isn’t a given. 

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