Browsing Tag

startups

11 posts

Indian startup to implement daily 30-minute nap breaks for employees

indian company napping
  • An Indian startup company is launching a policy to give its employees a daily half-hour nap as a way of upkeeping their health and well-being.
  • As a business that sells sleep and home solution products, Wakefit Solution’s co-founder Chaitanya Ramalingegowda announced yesterday that 2-2:30 p.m. will be the “official nap time” for all employees.
  • The company is planning to create “cozy nap pods” and “quiet rooms” where employees can go for a “perfect nap environment.”
  • In 2019, Wakefit Solutions conducted a survey with 1,500 respondents, of which 70% stated that they do not have a “nap room” at work, and 86% felt that having a designated nap time could help increase productivity.

An Indian sleep and home solution startup company is implementing a well-being initiative by providing its employees with daily 30-minute nap times.

In 2019, Wakefit Solutions conducted a survey, titled Right to Work Naps, where 70% of 1,500 respondents stated that their workplace does not provide a “nap room,” while 86% expressed that having a designated nap time could increase productivity. 

China Ends Service That Lets You Pay People to Get Drunk For You

Just two weeks after launching a service that lets users find people to drink alcohol for them, a Chinese company decided to cease operations over regulation concerns.

Founded in 2011, eDaijia, based in Beijing, introduced eDaihe, which means “to drink on behalf of,” on Dec. 28, 2017. The service allows users to find surrogate drinkers based on location and drinking capacity as well as their personal introduction.

Meet the Man Behind Hong Kong’s First $1 Billion ‘Unicorn’ Startup

When Steven Lam encountered the difficulty of finding delivery vans for his first venture in 2010, he stumbled upon a new business opportunity that would eventually become Hong Kong’s first “unicorn” startup.

Lam came up with the idea for his on-demand van hire service GoGoVan, after he and his business partners found that it was almost impossible to immediately find a delivery van that could transport items for their business whenever they needed to.

Chinese Startup Builds $1 Billion Empire By Being an ‘Uber’ for Bicycles

Bicycles are becoming more and more visible these days in Beijing due to a young but thriving industry that is now worth more than a billion dollars.

In fact, Ofo, just one of the two Chinese bike-sharing start-ups now, has a valuation of over $1 billion after recently raising $450 million in a fresh round of funding, Reuters reports. In a statement, the company revealed that investment group DST Global, ride-hailing giant Didi Chuxing and CITIC’s private equity arm were among the investors for the latest round.

Did the Tech Boom Create a Crime Boom? Let’s Look at the Data.

We hear a lot about the companies valued at over $1B, and that ⅓ of the world’s Unicorns live in the San Francisco Bay Area. Lately, more people are voicing concerns about the other humans who live there too:

“Every day, on my way to, and from work, I see people sprawled across the sidewalk, tent cities, human feces, and the faces of addiction. The city is becoming a shanty town… Worst of all, it is unsafe.” – Justin Keller (from the controversial letter to SF Mayor)

Now Anyone Can Be a Venture Capitalist Without Having to Be Rich, SEC Ruling Says

The Securities and Exchange Commission voted on Wednesday for a resolution that will allow startups to raise funding over the internet from almost every American who wants to invest.

This is the first major step towards equity crowdfunding, which is exactly what it sounds like — crowds of people put up money in exchange for securities in a company that isn’t publicly traded. What could possibly go wrong?

Veteran Entrepreneur Creates The World’s First Fantasy Angel Investing Platform

Normally, if you ever wanted to invest in a startup, you need to be an accredited investor and/or have heaps of cash to play with. But what if you don’t really care about the money and just want to join in for fun and learn about investing?

Today, veteran entrepreneur and investor Josh Jones released Exchangel, the first fantasy angel investment exchange that allows people to interact with and learn about the startup market without the risk.

What American Startups Can Learn From China’s Work Culture

With Chinese companies accounting for the largest tech IPOs on record, all eyes are now on these technology giants. While everyone wonders what the secret sauce might be, we can imagine what lies behind the scenes- it’s the employees who are keeping these companies afloat with their work ethic rooted in Chinese culture.

I’ve worked for Google in both Silicon Valley and Beijing, and I now run Beijing-based PapayaMobile, which has a satellite office in San Francisco. I’ve seen a definite contrast in the workplace culture in both regions, where each have their pros and cons. That said, Chinese culture has a strong influence on the workplace in China, and U.S. startups could benefit from taking a few notes.

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