Augmented reality startup

If you walk into a Whole Foods in North Miami, Florida, and buy a six-pack of Screamin’ Reels IPA from SaltWater Brewery–a craft microbrewery from Delray Beach up the coast–you’ll notice something different about the packaging. Instead of the standard plastic six-pack ring, the cans are topped with a paperlike holder. advertisement advertisement The brewery is the first to test packaging from a startup called E6PR (originally short for the “edible six-pack ring,” and now the “eco six-pack ring.”) Plastic six-pack rings are known for trapping and strangling wildlife or being mistaken for food. The new ring, which is biodegradable and compostable, will eventually break down if it’s littered outside or in the water. If an animal eats it, the material won’t harm its digestive system. initially introduced as a concept in 2016, took time to bring to market. “Bringing the product to the level of performance that we … [Read more...] about Finally, You Can Buy Beer With A Biodegradable Six-Pack Ring

Rajiv ShastriThe Bharat Bond ETFs are here and those in the investment ecosystem in India can’t stop talking about them. Asset managers, advisers and the media have all expressed their opinion, which is largely positive and salutary.The Bharat Bond ETF is, after all, a brand-new investment product; an option that investors didn’t have yet. It’s certainly different; but, does that make it necessarily better? Let’s take a deeper look.Close How it compares with other options related news Mutual funds wrap: Bharat Bond ETF NFO open until December 20; Will retail investors bite? Edelweiss AMC announces public issue of Bharat Bond ETF; to raise up to Rs 15,000 cr Reporter's Take | Bharat Bond ETF: The cheapest mutual fund product in India The Bharat Bond ETF offers a unique combination of relative return certainty (if held to maturity), beneficial tax treatment (if held for more than three years) and liquidity (if one needs to exit before maturity – … [Read more...] about The Bharat Bond ETF is not without risks

Swiggy has reported a loss of Rs 2,364 crore in FY19, six times more than that of FY18 (Rs 397 crore), The Times of India reported. The loss surged for the five year-old startup due to increased spending in marketing, consumer incentives, salary and delivery, the report added.Numbers from Prosus, Swiggy's largest shareholder, reveal that the Indian food-delivery major will incur further losses in the ongoing fiscal, with the company already suffering a loss of around Rs 1,960 crore between April and September, the report said.Moneycontrol could not independently verify the report.Close Interestingly, despite the significant loss, Swiggy managed to increase its total revenue to Rs 1,297 crore for FY19. Compared to FY18, the revenue increased by 177 percent. related news Uber to invest Rs 1,415cr in Zomato-UberEats share-swap deal: Report Swiggy set up 1,000 cloud kitchens; to expand it in 12 new cities by March 2020 Swiggy, Zomato revive merger talks as threat from … [Read more...] about Swiggy likely to suffer massive loss in FY20, down Rs 1,960cr in Apr-Sept period: Report