Cloud Stocks: Analysis of ServiceNow’s Hitch Works Acquisition

ITSM leader ServiceNow (NYSE: NOW) recently reported results for a mixed second quarter. Uncertain economic conditions and elongated deal cycles have dampened ServiceNow’s outlook for the year. However, its 99% renewal rate and impressive large deal metrics make it an attractive long-term bet.

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1Mby1M Virtual Accelerator Investor Forum: With Anup Jain, Managing Partner of Orios Venture Partners (Part 1)

Anup Jain, the Managing Partner at Orios Venture Partners, discusses the Indian startup ecosystem and its trends and nuances.

Sramana Mitra: Tell us a bit about your background as well as about Orios.

Anup Jain: I’m an accidental VC. I didn’t grow up in this ecosystem, but I’m very passionate about entrepreneurship. When I started my corporate career with Procter & Gamble, it was a dream job. I’ve always been excited about doing innovations and disruptions. It brings about meaning to all stakeholders.

Thought Leaders in Artificial Intelligence: Yamin Durrani, CEO of Kami Vision (Part 2)

Sramana Mitra: Let’s get into the use cases. You’ve talked about a variety of verticals in which you have businesses. Let’s start with the home vertical. You said you have partnerships with several brands within the home segment. Tell us more about the use cases.

Yamin Durrani: If you look at the home segment, the typical approach that a brand takes is to build an end-to-end solution. We look at different brands like GE Lighting, which already have a strong presence in the home segment. They want to compete in the space of home security. Their pain point was there was no software stack that provided the backend infrastructure. That would have taken them close to two years and $5 million to $8 million.

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Reddit Decides to List, Finally

According to a recent eMarketer survey, when it comes to social media sites accessed by the US users, Reddit ranks 8^th with over 46 million users. While Facebook and Instagram are the leaders by a fair margin, Twitter came in close at 56 million users. After staying away from a listing for over 15 years, Reddit appears to be willing to test the stock markets out. Last year, it filed confidentially to go public. It has yet to disclose finer details of the listing though.

1Mby1M Virtual Accelerator Investor Forum: With Janam Mehta, Partner of Campus Fund and Venture Investments at JSW Ventures (Part 4)

Sramana Mitra: Have you invested in a PaaS company?

Janam Mehta: Purple.com is an e-commerce platform company. Healthflix is a very good example. They’re an EMR. They use data to help pharma with their research and give them insights. That’s a very good example of aggregating data from SaaS and making it a platform business.

Sramana Mitra: It’s not very easy to get platform companies to go to market as platform companies before Series A.

Thought Leaders in Artificial Intelligence: Yamin Durrani, CEO of Kami Vision (Part 1)

This discussion explores the cutting-edge use cases in Computer Vision across Home, Health, Retail, etc. Excellent perspective on viable GTM strategies.

Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Kami Vision.

Yamin Durrani: I’m the CEO of Kami Vision. The company started in the US in August 2020. We focus on providing AI services across the globe.

Cloud Stocks: Amazon’s Twin Engines of AWS and Prime Make it Resilient

Following a tepid first quarter, tech giant Amazon (NASDAQ: AMZN) has delivered a better than expected second quarter revenue and provided a rosy outlook.

1Mby1M Virtual Accelerator Investor Forum: With Janam Mehta, Partner of Campus Fund and Venture Investments at JSW Ventures (Part 3)

Sramana Mitra: Tell us about Campus Fund and JSW Ventures.

Janam Mehta: JSW Ventures is a $40 million fund. We’re largely Series A focused. We do up to $2 million in the first check and around $4 million throughout the life of an investment. We are largely SaaS and platform focused covering enterprise health, consumer, finance, and agricultural industries. We are not a corporate venture capital. JSW is an anchor LP in the fund, but we’ve raised institutional capital. 20% to 30% comes from the general family of the JSW group. They are the largest steel manufacturers in India. They’re increasingly getting into different industries.