Whats up Reader,‘Tis the season to report earnings. Nykaa dad or mum FSN E-Commerce Ventures reported a consolidated web revenue after tax of Rs 5 crore for Q1 FY 2023, a year-on-year progress of 42%. The corporate can also be buying Iluminar Media Non-public Restricted, which owns and operates Little Black Guide (LBB).Then again, MapmyIndia reported larger earnings, boosted by demand for its product and providers. C. E. Infosystems reported a web revenue of Rs 24.2 crore, a year-on-year enhance of 17.5%.Then, fintech big Paytm reported a wider first-quarter loss on the again of rising bills, which ate into its robust income progress. One97 Communications reported a web lack of Rs 645 crore within the quarter ending June 30, 2022, ~69% larger than the identical interval final 12 months.In the meantime, NASA is able to ship Artemis I to the Moon. The uncrewed check flight goes to hold 10,000 mementoes for its journey, together with 4 LEGO mini-figures, quite a lot of tree seeds, a pen nib from the Charles M. Schulz Museum and Analysis Middle, and silver Snoopy pins.Oh, and naturally, a 3D-printed reproduction of the spacecraft’s namesake, goddess Artemis herself. Pack gentle? NASA says no.An NFT universe round esportsEsports has gained an enormous following in India through the years, giving rise to a complete universe of esports influencers, celebrities, boot camps, and merchandise. STAN operates on the intersection of Web3 and sports activities, enabling engagement for its customers by means of enjoyable gamified loopable layers on the platform.“For STAN, blockchain is the tech that permits belief and possession over property, similar to formally licensed NFTs from esports gamers. Finish customers can’t solely acquire these NFTs, but in addition use them in video games on the STAN platform, and stage as much as earn rewards,” says co-founder Parth Chadha.What’s on supply:STAN has signed up with 60+ Indian esports gamers similar to Jonathan, 4200P, Roxx and so on.Observe ‘Internet 2.5’ strategy by making use of conventional Web2 gaming/esports rules and blockchain tech.On the STAN market, customers should purchase and level-up NFTs.Girls angels: Probably the most invaluable investorsWhile India has grow to be the world’s third-largest startup ecosystem, investing continues to be a male-dominated career. However through the years, girls angel buyers have made their presence felt, serving to infuse $608 million throughout 356 offers since 2015.”Having correct illustration helps create a sustainable ecosystem for everybody to succeed with none bias. These, in flip, create numerous alternatives for ladies to be within the trade and can assist foster an atmosphere the place there’s extra understanding and acceptance for merchandise that are not essentially mainstream and are women-focused,” says Vineeta Singh, Founder and CEO of SUGAR Cosmetics. Rise of ladies angels:With practically 4 offers a month, girls angels infused round $7.5 million every month between 2015 and 2022.Girls buyers had been part of 86 offers into startups with girls founders and co-founders.Investments by girls angels elevated to $33.4 million in 2022.India’s plastic ban and small businessesOn July 1, India the manufacture, import, and sale of 19 banned single-use plastics. However many small companies and sellers are discovering it robust to navigate across the drop in shopper demand and substitute plastics with sustainable merchandise.“Different packaging value could be very excessive. The price might go up by 15%. Additionally, should you substitute plastic straws with paper straws, then you need to minimize bushes,” notes Vikas Kumar, Founder, Go Grocer, a D2C grocery model.Street to sustainability:All India Plastic Producers Affiliation estimates 88,000 items manufacturing single-use plastic might go bankrupt.On Justdial, the seek for wooden and bamboo sellers went up by 22% in Tier I cities and 29% in Tier II cities within the final one month.Corporations similar to Sunbird Straws and Cocoatrait use naturally dried coconut and cocoa husk, respectively, as options for packaging.Now get the Day by day Capsule in your inbox. Subscribe to our publication immediately!