Latest news with #StartupoftheYear
Daily Mirror
11 hours ago
- Entertainment
- Daily Mirror
Anna Wintour's Vogue replacement - all the rumoured names to take over
After Anna Wintour announced she was stepping down from her role as editor-in-chief of Vogue, here's a list of names that could be replacing her… After serving for nearly four decades as the editor-in-chief of American Vogue, Anna Wintour has announced she's stepping down from her role. It's been reported that Anna broke the sad news to her team on Thursday (June 27). However, fashion enthusiasts shouldn't be too devastated as the 75-year-old icon isn't leaving Condé Nast or Vogue completely, she's just scaling back her duties. Anna will reportedly still remain as Vogue's global editorial director as well as Condé Nast's global chief content officer. Anna took on the role back in 1988 and is often credited for transforming the legendary fashion publication. Her pioneering role in the fashion business led her to be named a Dame Commander of the Order of the British Empire at Buckingham Palace in 2017. The new role will be titled as head of editorial content and many names have entered the mix as potential replacements for the highly coveted gig. As rumours continue to swirl, here's a list of names that might be in the running… Eva Chen Journalist Eva Chen became the beauty editor of Teen Vogue back in 2005 and held this position until 2012. Moving through the ranks at Condé Nast, Eva took on the role of editor-in-chief of Lucky magazine in June 2013. Initially hired as a consultant, Eva was promoted to the top of the publication within just two months. At the time, she was just 33 years old, making her one of the youngest editors to lead a National American magazine. Chen is also presently Head of Fashion Partnerships for Instagram, a role she joined in July 2015. As well as this, she also is an author of several children's books which aims to uplift Asian American children. Eva is a firm fixture at some of the most high-profile fashion shows, sitting in her pride of place on the front row. She's also been spotted with Anna on several occasions, meaning she could potentially be in line to replace her. Amy Astley Amy Astley's relationship with Anna has exceeded two decades, after being named by her to become the editorial director of Teen Vogue back in 2002. After 14 years, she decided to leave the position in 2016 to move onto pastures new. During Amy's tenure, Teen Vogue was nominated twice for a National Magazine Award for General Excellence and was named as Adweek's 2004 Startup of the Year. She released a book in 2009, titled The Teen Vogue Handbook: An Insider's Guide to Careers in Fashion, which became a New York Times best seller. The success of the book led to Penguin updating and reissuing it in 2014. Amy joined Architectural Digest in 2016 as the global editorial director and editor-in-chief. She expanded it solely from a print edition to having multiple digital-only verticals, a social media presence and a hit video series on YouTube. Chioma Nnadi Chioma Nnadi joined Vogue in New York in 2010 and ran the American website as well as writing for the publication and co-hosting the Vogue podcast. After rising up the ranks, Chioma now holds the position of head of editorial content for British Vogue. She is the first woman of colour to claim such a senior leadership role at Vogue globally, succeeding Edward Enniful, who was the first gay man of colour in a senior role. Anna has described Chioma as 'beloved among her colleagues at Vogue' and an 'editor and writer with an impeccable reputation." Pharrell Williams As well as a successful music career, Pharrell Williams has made a significant impact in the fashion industry, becoming a prominent designer and creative director. His fashion work includes collaborations with huge brands including Chanel and Louis Vuitton. Not only that, but he has also founded his very own successful streetwear labels, Billionaire Boys Club and Ice Cream. He is the current Men's Creative Director for Louis Vuitton. Pharrell shares a close professional relationship with Anna, with the pair most recently working together as co-chairs for the 2025 Met Gala along with other prominent figures such as Colman Domingo, A$AP Rocky and Lewis Hamilton.
Time of India
3 days ago
- Business
- Time of India
Forging success: Quality Chrome is strengthening India's industrial backbone
Live Events In the complex web of India's industrial ecosystem, Quality Chrome Pvt Ltd has emerged as a crucial enabler, revolutionising how micro, small, and medium enterprises access high-quality raw materials and technical in Kolkata, the company specialises in iron ore and ferro alloy products, and has a diverse clientele ranging from steel manufacturers to refractory producers. Since its inception in 2020, Quality Chrome has introduced a new level of professionalism, quality control, and competitiveness to Indian MSMEs engaged in manufacturing, metallurgy, and allied industries. Its commitment to consistency has created a ripple effect in the ecosystem, benefiting enterprises that struggle to access premium raw materials at competitive transformation, international flourishThe company's transformation of India's MSME landscape stems from its recognition of a fundamental challenge: small manufacturers face quality and supply inconsistencies that hinder their ability to meet delivery commitments. Quality Chrome has addressed this by developing robust sourcing networks and stringent quality control. It collaborates with international inspection agencies at both plant and port levels to ensure all batches meet stringent benchmarks. The result: even micro enterprise clients receive materials that meet global quality-focussed approach has helped Quality Chrome go places, literally. In the last two financial years, the company generated up to 95% of its revenue from export sales to North America, the European Union, Southeast Asia, and West Asia. The feat earned it the Startup of the Year award in 2024 by CEO Magazine India, and the Top Exporter of the Year (Trading) award at the ET MSME Awards Chrome also stands out for its relationship-building. Rather than treating smaller clients as secondary priorities, it has invested in understanding their operational challenges. This has led to innovative solutions including technical advisory services, flexible payment models, and customised material grades that help MSMEs optimise production processes while maintaining cost company's success demonstrates how mid-sized companies can drive ecosystem transformation by prioritising long-term partnerships over short-term profit. By investing in the success of its clients, it has created a sustainable business model that grows alongside the broader industrial India's MSME sector continues its trajectory towards becoming a global manufacturing hub, companies like Quality Chrome serve as essential infrastructure providers, ensuring that enterprises, regardless of size, have equal access to quality materials and the expertise necessary to compete effectively. Its model proves that industrial transformation begins with consistent quality and committed partnerships that empower smaller players to achieve larger more winner vignettes of the ET MSME Awards , keep an eye on this space.
Technical.ly
4 days ago
- Business
- Technical.ly
How Philly's BioLattice is making the jump from grants to VC
For nearly two years, has hosted its monthly segment, Speaking, on WURD Radio's 'Reality Check' with Tonya Pendleton. Earlier this month, WURD cancelled the show after a round of layoffs. Winning pitch competitions and getting industry recognition don't always lead to funding. For Amelia Zellander, founder and CEO of the tissue engineering startup BioLattice, it took six years to get the 'proper funding' to pursue the biotechnology, which she finally secured at the end of 2023. Innovations like biomaterial to repair the front layer of the eye — an alternative to traditional cornea transplants — can be risky to develop, she said. In the current climate of risk-averse investors, that makes biotech money difficult to land. It was ultimately federal funding (the same programs now in limbo under the Trump administration) that made Zellander's initial research possible. Now she's seeking venture capital to maintain that momentum. 'My journey with this company in this form really started in 2017,' Zellander told reporter Sarah Huffman on Speaking, a monthly segment on WURD Radio's 'Reality Check' hosted by Tonya Pendleton. 'I applied for federal funding multiple times before I finally got the Phase One [National Science Foundation Small Business Innovation Research ] grant.' The funding served as a launch pad. Since starting a research partnership with Lehigh University, BioLattice has landed an $80,000 first-place prize at a pitch competition. More recently, Zellander was named Startup of the Year at BioLabs' third annual investor day. BioLattice is continuing its growth trajectory as a member of the inaugural HiveBio accelerator cohort. This is helping build the company's brand and supporting its path to securing investors, per Zellander. 'I have been getting a little bit of funding, but I'm just still in the battle to build my reputation,' she said, 'to build the trust with investors, and to present the need.' While positive recognition is useful in general, it doesn't always translate into dollars, Zellander said. As BioLattice gears up to raise its next $2 million to support the prototyping phase, she's hoping to make sure it can turn the accolades into securing VCs. BioLattice is currently in a preclinical, prototype stage. Its CorneaClear technology is compatible with rabbit eyes, and now needs more testing to conduct a formal animal study. 'Storytelling is the biggest thing,' Zellander said. 'Investors want to know: How are they going to get their investment back?'
Time of India
14-06-2025
- Business
- Time of India
Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billion
A fund managed by US-based Fidelity has marked up the valuation of omnichannel eyewear retailer Lenskart by over a fifth to $6.1 billion at the end of April 30, according to a monthly portfolio holdings update by the financial services major. This marks a 21% increase of the company's fair value in Fidelity's books compared to the $5 billion valuation at which it acquired the shares in June 2024 during a secondary transaction that also saw Singapore's Temasek join Lenskart's roster of blue-chip investors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Crossover funds such as Fidelity, which invest both in publicly traded and privately held companies, periodically review the valuation of their portfolio companies. To be sure, the fair value of a company is ascertained on the basis of a number of factors, including financials shared with investors, market conditions and the performance of comparable peers. Since inception in 2010, Lenskart has closed nearly $2 billion in funding, including secondary deals. It is due to set up its largest eyewear manufacturing facility in Telangana with an investment of about Rs 1,500 crore. Live Events As reported by ET, the eyewear retailer is considering a $1 billion public offering at a potential $10 billion valuation, double that of its last funding round as reported by ET. Earlier this month, Lenskart converted into a public company by changing its registered name from Lenskart Solutions Private Limited to Lenskart Solutions Limited through a special resolution passed by its shareholders. Lenskart had closed a $200 million secondary round last June at a $5 billion valuation, with investments from Singapore's sovereign fund Temasek and Fidelity. Separately, in July 2024, Lenskart founders Peyush Bansal , Neha Bansal, Amit Choudhary, and Sumeet Kapahi had invested almost $20 million in the company. Previously, in March 2023, Lenskart had raised $600 million from Abu Dhabi Investment Authority and ChrysCapital. Of this, $450 million was a secondary share sale, which allowed existing investors such as SoftBank and Chiratae Ventures to partially sell their stake in the company. This round had valued Lenskart at $4.5 billion. Lenskart bagged the top honour at The Economic Times Startup Awards 2024 . It was named the Startup of the Year by an elite jury for its success in building a fast-growing, large-scale omnichannel consumer retail venture while creating an entirely new category. In FY24, Lenskart's net loss shrank to Rs 10 crore from Rs 64 crore in FY23, which the company attributed to technology-driven operational efficiencies. Operating revenue rose 43% to Rs 5,428 crore, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) more than doubled to Rs 856 crore. The Gurugram- based company produces about 25 million frames and 30–40 million lenses annually. It operates over 2,500 stores across India and Southeast Asia in addition to a strong online presence. The company has yet to file financial statements for fiscal year 2025 with the Registrar of Companies.
Time of India
14-06-2025
- Business
- Time of India
Fidelity Adjusts Lens, Kart Valuation Surges to $6.1B
Live Events A fund managed by US-based Fidelity has marked up the valuation of omnichannel eyewear retailer Lenskart by over a fifth to $6.1 billion at April-end, according to a monthly portfolio holdings update by the financial services marks a 21% increase of the company's fair value in Fidelity's books compared to the $5 billion valuation at which it acquired the shares in June 2024 during a secondary transaction that also saw Singapore's Temasek join Lenskart's roster of blue-chip funds such as Fidelity, which invest both in publicly traded and privately held companies, periodically review the valuation of their portfolio value is ascertained on the basis of a number of factors, including financials shared with investors, market conditions and the performance of comparable inception in 2010, Lenskart has closed nearly $2 billion in funding, including secondary deals. It is due to set up its largest eyewear manufacturing facility in Telangana with an investment of about ₹1,500 eyewear retailer is considering a $1 billion public offering at a potential $10 billion valuation, double that of its last funding round, ET reported this month, Lenskart converted into a public company by changing its registered name from Lenskart Solutions Pvt Ltd to Lenskart Solutions Ltd through a special resolution passed by shareholders. It had closed a $200 million secondary round last June at a $5 billion round saw investments from Singapore's sovereign fund Temasek and Fidelity. Separately, in July 2024, Lenskart founders Peyush Bansal, Neha Bansal, Amit Choudhary, and Sumeet Kapahi had invested almost $20 in March 2023, Lenskart had raised $600 million from Abu Dhabi Investment Authority and ChrysCapital. Of this, $450 million was a secondary share sale, which allowed existing investors such as SoftBank and Chiratae Ventures to partially sell their stake in the company. This round had valued Lenskart at $4.5 bagged the top honour at The Economic Times Startup Awards 2024. It was named the Startup of the Year by an elite jury for its success in building a fast-growing, large-scale omnichannel consumer retail venture while creating an entirely new category.
