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Exclusive: Fitness app Stepbuck bags angel funding

Stepbuck Technologies Pvt. Ltd, which operates an incentive-based fitness app Stepbuck, has raised angel funding, its founders Siddharth Lodha and Rita Makharia told VCCircle.

The capital was raised from Sreekanth Lapala, an entrepreneur and the founder of Dextara Digital, a digital transformation services company focused on building deep functional and technical expertise in Salesforce technologies.

Stepbuck, which was launched last year, will use the funds to develop new features on its platform and for marketing. Part of the funds will also be deployed to launch a renewed subscription model program and for business development purposes.

The startup combines the potential of both fitness and e-commerce into its product. Its platform tracks and records a user’s steps and converts them to a virtual currency of sorts called “Stepbucks” at a prescribed ratio. The earned currency is stored in a user’s wallet and can be used to purchase coupons, products and services on the e-commerce portal on the app – Stepshop.

Stepbuck also plans to partner with corporates and other businesses to offer its product as a tool to keep their employees healthy and engaged.

“The core idea behind Stepbuck is to motivate users to get fit and we realized that savings or a financial benefit is the best way to encourage people to work harder,” the cofounders said.

Lodha also said that the plan going forward is to reward users for all physical activities and all efforts made by its users to become healthy.

“This will be through integration with fitness wearables and a more comprehensive and integrated mobile app,” he said.

Lodha, who claims to be a regular distance runner himself, previously worked in the real estate space in Mumbai. Cofounder Makharia leads the tech at Stepbuck and has an experience of 20 years in the IT sector.

“There seems to be great potential for growth and scalability in this domain as more and more people are being health conscious and are willing to spend their money on good apps to stay fit,” said the investor, Lapala.

The retail value of the health and wellness market in India was estimated at $8.4 billion in 2018 and this was forecast to reach nearly $16 billion by 2023, according to data firm Statista.

The health and wellness space has also seen a slew of funding in India.

For instance, Cure.fit, founded by Mukesh Bansal (co-founder of Myntra) and former Flipkart executive Ankit Nagori, has raised over $400 million in total.

Earlier this week, VCCircle reported that AroLeap Fitness Pvt Ltd, a fitness-focused startup, raised an undisclosed amount in a seed funding round led by Chiratae, Sauce.vc, and Whiteboard Capital.

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Benefits of physical exercises

It banishes the bugs

The more physically fit and active you are, the less likely you are to catch a cold, flu and other infections. Researchers have found that sedentary people took twice as many sick leaves in four months as compared to those who walked briskly almost every day. “ When you sweat it out, your body is able to flush out toxins.

It cuts stress

Physical activity such as walking and running releases adrenaline, serotonin, and dopamine- all of which together create a sense of euphoria. These happy hormones overpower the stress hormone cortisol( that dilutes the action of our fighter cells), helping create a feeling of well-being.

It helps you live longer

Physical exercise forces you to breathe deeply, allowing unrestricted movement of air through your entire body.Whether you are walking or running these exercises are one of the most important things you can do for your physical and mental health and longevity.

It keeps heart healthy

Running strengthens heart, slashes risk of cardio-vascular disease, reduces risk of blood clot, and lowers cholesterol levels. One should try to walk to work and take the stairs rather than the lift.

It increases life expectancy

Running is one of the best things you can do for your health. A recent scientific study found that going for regular jogs increases your life expectancy by three years and helps build strong bones, strengthens muscles and improves cardiovascular fitness.

It improves mood

Need an emotional lift? Or need to destress after a stressful day? A brisk walk can help. Physical activity stimulates various brain chemicals that may leave you feeling happier, more relaxed and less anxious.You may also feel better about your appearance and yourself when you exercise regularly, which can boost your confidence and improve your self-esteem.

It promotes better sleep

Struggling to snooze? Regular physical activity can help you fall asleep faster, get better sleep and deepen your sleep. Just don’t exercise too close to bedtime, or you may be too energized to go to sleep

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Using Stairs

You don’t need to be a gym junkie or adopt a radical diet to get in better shape. Modest changes are easy to achieve. Trot up the escalator rather than riding it, get out of a lift one floor early . Taking six flights of 12 step stairs three times a day could burn 450 calories in a typical week. That’s the same sort of burn you’d get from a strenuous exercise class.The small additional challenge to your leg muscles, lungs and heart could have a massive impact on your long-team health. One Swiss study found that people who climbed stairs around 20 times a day over three months showed a significant improvement in fitness, and reductions in blood pressure, weight and cholesterol.

Give up short car journeys

Get a local map and draw a one kilometer circle around your home, then put in place a family rule: if any destination is less than a kilometer away, walk it.

A one kilometer walk burns around 62 calories and regular walking has been shown to prevent dementia, depression and heart problems. In a study of over 334,000 people for the European Prospective Investigation into Cancer and Nutrition, researchers found that taking a 20 minute brisk walk each day could reduce the risk of premature death by between 16 and 30 percent.” This is a simple message,”says professor Ulf Ekelund, one of the lead researchers. “ Just a small amount of physical activity each day could have substantial health benefits for people who are physically inactive”

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New & Improved Web3 Tooling for Creators, Developers & Enterprises

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Developed by a talented team of game designers, this immersive experience allows players to unleash their imaginations and build stunning virtual worlds alongside friends and fellow enthusiasts. MCD has revealed prices will start at €86.50 (£73) – subject to service charge. Morris transformed songs like Live Forever, Cigarettes & Alcohol and Supersonic into generation-defining anthems that helped make Oasis one of the biggest British bands of all time. In 1996, 2.5 million people applied for tickets to their two shows at Knebworth, Hertfordshire – which was more than four per cent of the UK population at the time. Formed in 1991, Oasis are one of the best-selling bands in British history. It will be the first time that the band’s brothers – Noel and Liam Gallagher – have performed together since 2009.

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Here creators will also set the optional minimum bid required, as well as an optional threshold price (automatic sell price) for their auction. In the game of block party you and your friends will one by one take turns to be the guesser while everyone else will be the builders. Both jobs are very simple to understand and fun to play as, the builders must build one of the many options of the builder cards out of the blocks available and the guesser must guess what has been built. Hhow to buy blockparty Points will be awarded if the guesser gets it right to both the guesser and the builder but if the builder gets it wrong there is a chance to steal the guess and gain those sweet points. “It’s difficult to compare whether the hype before getting tickets was as big back then because we live in a day and age with social media and everything’s online, and you know what people are talking about,” she says. We all know that anxious feeling of trying to buy tickets to a popular event.

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A secondary market launch is also in the cards for the first half of 2021. One of Blockparty Marketplace’s central themes is to empower digital art creators and give them a platform to express their unique point of view. If you do not, there is a chance other bids will be submitted ahead of yours before yours confirms. As it stands there is nothing we can do to prevent this, users themselves must manage gas settings to avoid their bids being skipped. Clicking the asset opens up a page with additional details about the asset, about the sale, and the option to place a bid. Here you’ll notice the ability to select your preferred method of payment.

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In Block Party, players are transported to a vibrant and colourful universe where they are tasked with constructing awe-inspiring structures using an array of blocks and building materials. The game offers a vast selection of building tools, ranging from simple bricks to complex architectural components, enabling players to bring their wildest visions to life. Whether it’s towering skyscrapers, intricate mazes, or breath-taking landscapes, the possibilities are limited only by the players’ creativity. The Burnage-raised brothers will then head to Manchester for what is set to be a biblical homecoming back at Heaton Park. The fifth date was added on Thursday (August 29) due to “unprecedented demand”.

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The UK advertising watchdog gets 450 complaints, as the government pledges to look at dynamic pricing. The UK government is also investigating the process known as “dynamic pricing”. Piece By Piece, which uses the toy figures to tell the musician’s life story, has its world premiere. Peter, now 46, who lives in St Albans in Hertfordshire, says he went to the gig with three school friends. In 1996, two and a half million people applied to watch Oasis play across two nights at Knebworth Park, near Stevenage, in Hertfordshire. Headliners include Justice, LCD Soundsystem and Peggy Gou, while other notable performers include James Blake, Jungle, Jamie xx, Neil Frances, LP Giobbi, Thundercat, Badbadnotgood and others.

Are there accessible ticket options?

Aside from the building aspect, Block Party features a vibrant community hub where players can socialize, exchange ideas, and share their latest creations. The platform serves as a virtual gallery where players can marvel at each other’s masterpieces, draw inspiration, and connect with like-minded builders. Block Party is an exhilarating and captivating multiplayer game that takes the world of construction and creativity to new heights.

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🚨Please note, Oasis Live ’25 tickets can only be resold at face value via @TicketmasterUK and @Twickets! Tickets appearing on other secondary ticketing sites are either counterfeit or will be cancelled by the promoters. London’s Wembley Stadium, recently host to Taylor Swift’s Eras Tour, is the largest stadium on the reunion tour with a capacity of 90,000. Other major venues include Croke Park in Dublin with a capacity of 82,000, Manchester’s Heaton Park holding 80,000, Principality Stadium in Cardiff which can accomodate up to 74,500.

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Stock Market Holiday: Is Indian stock market closed tomorrow for Independence Day 2024? Stock Market News

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They tax more of their spending, by raising the price of consumer goods, and more of their earnings, since many work in industries, such as construction, that face higher material costs. If the bulk of the tariff bill is passed on to American consumers, as occurred with the first round of Mr Trump’s tariffs, a 10% duty would cost each American household about $2,000 per year. He thought tariffs would bludgeon other countries into submission, leading them to rejig policies to America’s advantage. Memorably, he declared that “trade wars are good, and easy to win.” But instead of shrinking, the deficit widened. Mr Trump’s protectionism made America poorer, did little to help exporters and annoyed its friends.

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Book Review by Todor Kostov: A Man For All Markets

Discover additional details about the events, people, and places in your book, with Wikipedia integration. Enjoy features only possible in digital – start reading right away, carry your library with you, adjust the font, create shareable notes and highlights, and more. After graduating from high school, Thorp attended the University of California, Los Angeles (UCLA). Here he pursued academic interests in physics and earned a bachelor’s degree in the field in 1953. Thorp continued his education at UCLA, where he decided to shift his focus to mathematics.

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a man for all markets review

“A Man for All Markets” is a well-written and an inspiring memoir. It provides readers with valuable insights into finance and gaming through the eyes of a mathematics genius. One critique of the book is that it’s primarily focused on Thorp’s personal experiences and achievements. Instead, it could have provided a broader perspective on investing and financial markets. Yet, the book doesn’t offer a comprehensive overview of investing.

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Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them. Markus lives in San Francisco, California and is the video game and audio expert on Good e-Reader! He has a huge interest in new e-readers and tablets, and gaming. A wonderful page-turner written with humility, immediacy, and great style. You can use this widget-maker to generate a bit of HTML that can be embedded in your website to easily allow customers to purchase this game on Steam.

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The team of six, three men and three women, pretended not to know each other and made their way to the baccarat tables at the Dunes casino in Las Vegas. It was the spring of 1963 and Las Vegas was still controlled by shady characters connected to the mafia. It was the fourth night at the tables and the pit boss and casino management had taken note of the lead player’s wins and were not happy.

He earned a Ph.D. in mathematics in 1958, writing a thesis titled “Fractional Derivatives in Probability Theory and Their Applications to Hereditary Diffusion Problems”.

Mr. Thorp was already a very wealthy man as Princeton Newport liquidated. Rather than immediately starting another large fund, he stepped back for a while but still provided consulting services related to hedge fund selection. It was in this context that he encountered the Bernie Madoff fraud seventeen years before it ultimately collapsed.

The remaining trading holidays for this year are on August 15 for Independence Day, October 2 for Mahatma Gandhi Jayanti, November 1 for Diwali, November 15 for Gurunanak Jayanti, and December 25 for Christmas. The race within financial market participants to be better and faster to gain an edge calculating fair values of instruments, ideally hedging off all risks becomes clear in the book. While an education in financial history is valuable, it’s not easy to profit from it. Like a Ponzi scheme, it’s difficult to know when a mania might end.

“A Man for All Markets” is the autobiography of Edward Oakley Thorp, a math professor turned investor. He made a fortune using quantitative methods to beat the casino and the stock market. It includes pioneering work in the probabilities of winning and the development of card counting techniques to win at blackjack. All the toys item other than Vehicle and Outdoor Category are eligible for free replacement/refund, within 7 days of delivery, in an unlikely event of damaged, defective or different/wrong item delivered to you.

In 2008, Thorp received the prestigious von Neumann Prize from the Operations Research Society of America for contributions to the field of operations research. Edward O. Thorp was born on August 14, 1932, in Chicago, Illinois, USA. As a single child, Thorp grew up in a middle-class family and showed an interest in both mathematics and science. Being a curious child, he often asked questions that challenged the school’s teachers.

On innovation and diffusion, Thorp refers at length to the six degrees of separation. As social creatures, we live in an interconnected social network. The author describes the speed at which ideas can spread due to the low degree of separation between people. Malcolm Gladwell made a similar observation in The Tipping Point, paralleling the spread of ideas to models in epidemiology. The result of Mr. Thorp’s investigation saved his client from continued participation in the fraud.

But even if you have an edge or winning system, it doesn’t guarantee results. The challenge for blackjack players is in implementing a system that allows them to recognise and act on opportunities as the game unfolds. And it assumes they have the bankroll and stomach to handle losing streaks. You a man for all markets won’t find a secret formula to gambling or investing in his autobiography. What you’ll get is Thorp’s enduring philosophy to life, family, education, problem solving and investing; shaped in part by his youth during the Great Depression, and his less than stellar opportunities for education.

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Here, we rely more on “limited concepts [that] tie things together and serve as shortcuts to understanding”. All of this is reminiscent of Charlie Munger’s philosophy on the pursuit of worldly wisdom, emphasising the cultivation of mental models in a latticework. Thorp himself describes it as the process of building a “multidisciplinary collection of insights”. He frequently features in podcasts (“The Tim Ferris Show”; “The Meb Faber Show”) where he preaches timeless wisdom and urges people to think for themselves when navigating the labyrinths of the investment universe and life in general. Edward O. Thorp is one of the true trailblazers in the fields of mathematics, blackjack game theory, option pricing and statistical arbitrage over the past 100 years.

Here the edge comes from the computerized statistical arbitrage method (STAR). Challenging the Efficient Market Hypothesis (EMH) based on his real life experience, he continues to search for ways to exploit market inefficiencies through scores of fundamental and technical measures. Now Thorp https://forexarena.net/ shares his incredible life story for the first time, revealing how he made his money and giving advice to the next generation of investors. An intellectual thrill ride, replete with practical wisdom, A Man for All Markets reveals the power of logic in a seemingly irrational world.