UniBlurb #12

Special Opportunity Funds, Startup Governance, Payment Aggregator business, Internships, Competitions and more.

Good morning! and welcome to the twelfth edition of UniBlurb - Your Weekly Dose of Management. Today, we will be going over:

#Special Opportunity Funds
#Startup Governance Charter by CII
#PayU’s return to Aggregator business
#Internships, Competitions & Events

MONDAY MOTIVATION

Do the best you can until you know better. Then when you know better, do better.

Maya Angelou

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OUR TWO CENTS
Emerging Trends in Special Opportunity Funds

Special opportunity funds are the new buzz in the mutual fund market, and asset management companies are jumping on the bandwagon with gusto. Recently, WhiteOak Capital, Kotak Mahindra, and Samco have filed draft papers with Sebi for these thematic schemes. These funds are designed to capitalize on unique market situations, such as regulatory changes or management restructuring, which can lead to mispriced stocks ripe for the picking.

The beauty of these funds lies in their appeal to savvy investors, particularly those with a taste for the long game. They're not your run-of-the-mill mutual funds; they're more like the financial equivalent of a gourmet meal, offering a diverse flavor profile that varies significantly from the benchmark index and flexi cap funds. For senior investors, this means a chance to spice up their portfolio with a dash of excitement and the potential for a hearty return.

So, why are asset management firms so keen on these funds? It's simple: thematic investing allows them to explore uncharted territories and introduce fresh funds to an investor base hungry for innovation. Just remember, with great potential comes great volatility, so strap in and enjoy the ride!

OUR TWO CENTS
Navigating Startup Ecosystem: CII’s Governance Charter!

In a groundbreaking move, the Confederation of Indian Industry (CII) has unfurled its corporate governance charter tailored for the bustling startup ecosystem. This pioneering initiative stems from a pressing need to instill robust governance frameworks amidst the rapid scaling of startups. With the Indian startup scene witnessing a meteoric rise, the CII recognized the urgency for a governance compass to navigate the complexities of business growth and investor relations.

The charter emerges as a beacon, guiding fledgling ventures towards transparency, accountability, and ethical business practices. It's not just a rulebook but a growth hack for startups aspiring to mature into corporate giants. The benefits? A fortified trust with stakeholders and a smoother sail towards sustainable success. Think of it as the secret sauce that could turn your garage project into the next unicorn!

OUR TWO CENTS
PayU's RBI Approval: Accelerating India's Fintech Journey

In the bustling bazaar of digital transactions, PayU has just received a golden ticket from the Reserve Bank of India (RBI), granting it in-principle authorization to operate as a payment aggregator (PA). This nod from the RBI is akin to getting the keys to a new kingdom, where PayU can now welcome a plethora of new merchants to its platform.

With this approval, PayU isn't just adding another feather to its cap; it's bolstering its digital payment infrastructure for a growth phase in India. The RBI's green light comes after a 15-month wait, proving that good things do indeed come to those who wait—especially when it involves navigating through a complex corporate structure.

The benefits for PayU are crystal clear: a wider merchant base, a stronger foothold in the Indian market, and the chance to be the go-to platform for seamless transactions.

INDUSTRY CONNECT
Internship opportunities

  1. OakNorth in India (PM Analyst Intern)

    You will monitor and retain existing clients by assessing the loan book, collaborating with teams for risk analysis, and developing detailed dashboards. Daily interactions will track portfolio progress, while concise reports for senior management will be prepared. Additionally, you'll conduct comparative real estate analysis against market standards.
    Apply Here!

  2. SentinalOne (Marketing Operation Intern)

    You'll support Field Marketing, ABM, and Demand Generation from planning to completion, including events, webinars, emails, landing pages, and list management. You'll also manage lead data, ensure data integrity, support tool integrations, collaborate cross-functionally for program execution, and provide QA for marketing efforts via Marketo.
    Apply Here!

  3. PedalStart (Growth Associate Intern)

    This is a full-time on-site role for a Growth Associate Intern located in Gurugram. The Growth Associate Intern will be responsible for day-to-day tasks including conducting research, analyzing data, and creating reports. They will also assist with scouting up of the startups through different channels, coordinating with community members, and providing administrative support.
    Apply Here!

EVENTS ON THE RISE
Best events and competitions in the upcoming week

  1. BoardRoom’24 (DDUC, Delhi)

    Boardroom '24 is the premier fest of Deen Dayal Upadhyaya College, orchestrated by the students of Spettro, The Department of Management Studies, in partnership with five leading college societies: 180 Degrees Consulting, Entrepreneurship Development Cell, Markonic, Social Responsibility Cell, and the Training & Career Cell.
    Register Here!

  2. Case Competition SRCC Environment CGI (SRCC, Delhi)

    Asia's Best Commerce College, Shri Ram College of Commerce. In the era of global environmental challenges, this competition aims to bring together bright minds to propose innovative solutions that address pressing environmental issues. With the competition being held entirely online, participants from all corners can contribute their ideas towards a greener future.
    Register Here!

  3. Case Competition (Chatoix.AI)

    Chaotix app is first text-to-game AI platform. You already might be knowing about a lot of startups to create images, video, audio, text but there is no startup that creates a full game. Chaotix is building a platform to build a complete game by just typing a text. 
    Register Here!

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