Brands
SCoolMeal & Lil’Goodness partners with Swiggy’s ‘Hope, not Hunger’ campaign
MUMBAI: sCoolMeal & Lil'Goodness, a Bangalore-based kids’ food and nutrition start-up, is partnering with Swiggy's "Hope, not Hunger" campaign to provide nutritious, hygienic meals to the less privileged children in Bangalore. With public life and businesses coming to a standstill amid the nation-wide lockdown, there are people who depend on the daily wages to put a meal on the table for themselves and their families. As a socially responsible corporate, sCoolMeal & Lil'Goodness is committed towards extending its support to the nation’s fight against Covid19. The the company served 25,000 meals in the past week to underprivileged kids in Bangalore.
Lil’Goodness and sCoolMeal co-founder and CEO Harshvardhan said, "These are unprecedented times and we have a larger humanitarian responsibility to address the needs of the less privileged and less fortunate sections of the society. We are delighted to partner with Swiggy's ‘Hope, Not Hunger’ initiative to provide much-needed help to the needy. We are an early-stage start-up ourselves but we will continue to participate and collaborate in whatever way we could to overcome this COVID 19 pandemic soon and contribute to the wellbeing of our nation.”
Also, sCoolMeal ensures thermal screening of its entire staff regularly and maintains the highest standards of hygiene and food safety to ensure that only the best food reaches our kids. The menu is designed scientifically to provide the right boost of essential nutrients to strengthen the immunity of the kids during these times. Safety being of paramount importance, SCoolMeal has ensured that its operations staff is taken care of in these tough times. SCoolMeal recently got re-certified for ISO-22000 (2018), a testimony to the high standards of hygiene and food safety is followed.
sCoolMeal has a differentiated model for providing fresh online subscription-based meals to kids in schools and daycare centres across Bangalore. Currently, we are serving 55 schools in Bangalore; sCoolMeal is rapidly scaling up its reach across the city- increasing the coverage of schools, daycare centres, sports training centres, and kids activity centres. While the current pandemic episode has severely affected business for a start-up like sCoolMeal, the founders are optimistic that once things come back to normal, the promise of safety, hygiene and nutrition that sCoolMeal follows will strengthen its value proposition to parents.
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
