Second innings in politics: After KPJP flop, actor Upendra is all set to launch UPPI

coastaldigest.com news network

September 16, 2018

Bengaluru, Sept 16: Kannada superstar Upendra, who had to quit his own party, Karnataka Pragnyavanta Janata Party (KPJP) within months after its formation ahead of last assembly polls, is now all set to begin second innings in politics by launching Uttama Prajakeeya Party (I) — UPPI in short.

The controversial actor had entered politics on his 49th birthday through KPJP, is likely to announce the new party on his 50th birthday which falls on Tuesday (Sept 18). If sources are to be believed, he is likely to field candidates in next Lok Sabha polls.

Upendra says he is wiser for his past experience. “I learnt a lesson from the previous experience and have taken enough care before launching UPP(I),” he says.

Ask him about the significance of the “I” in the party’s name, and he says, “I stands for every person who identifies with the party’s ideology.” Upendra is still trying to zero in on a symbol that suits the party’s ideology. Before joining the KPJP, he had dressed in khaki, a symbol of the working class. That party’s symbol was an auto-rickshaw.

Upendra had resigned from the primary membership of the KPJP citing differences with other members. Interestingly, KPJP candidate R Shankar, who won from Ranebennur constituency in this year’s Assembly elections, is a Minister in the coalition government.

Comments

Its not only your second chance. Its your final chance.

I am a biggest fan of your films and acting. As a politician, you disappointed us from the beginning itself

Its true that you have good mind of serving people but it wont fits for current politics

Soon after formation you shown your real face. You thought in KPJP, only you can dominate. and you failed to realise and the party became biggest flop

He is not fits for politics. Politicians are less selfish people. Because they will loot much and spend very less to people. They wont show their selfishness. Politicians wait for biggest oppotunity. But you spoiled previous attempt due to less home work

UPPI will be biggest flop. Its better to concentrate on films.

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Mangaluru safest city in India; Abu Dhabi safest in the world: Survey

News Network

January 19,2020

Mangaluru, Jan 19: Karnataka’s coastal city of Mangaluru has been ranked India’s safest city with the lowest crime index (24.14) in the country, according to a survey conducted by Numbeo.

Numbeo is a crowd-sourced global database of reported consumer prices, perceived crime rates, and quality of healthcare, among other statistics.

Mangaluru was named the city with the highest safety index of 75.86 among all major Indian cities.

According to the survey, Abu Dhabi is the world's safest city which has the lowest crime index of 11.33. It has the highest safety index of 88.67 in the list of 374 global cities.

Abu Dhabi sits on number one spot - as an increase in a city's ranking means a drop in its crime rate.

Sharjah ranked fifth safest and Dubai was ranked as the seventh safest city in the world with its safety index at 82.95.

Joining Abu Dhabi in the top ten are Taipei, Quebec, Zurich, Dubai, Munich, Eskisehir, and Bern. Islamabad (74) was ranked the safest in Pakistan.

Meanwhile, Caracas in Venezuela was rated the as the most unsafe city with the highest crime index 84.90.

Comments

Mangalore is the safest place in Karnataka and arguably in India.

That 'Fairman' user is a troll and his comment is fake.

I have stayed in Mangalore, Bangalore and Dubai.

I found Bangalore to be the worst of the 3 cities, regarding crime

This is soofi story.

The surveyor is in the different planet

Karnataka, specially mangalur is the 2nd most crimed city next to UP.

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Karnataka budget will be presented on Mar 5: BSY

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January 15,2020

Shivamogga, Jan 15: Chief Minister BS Yediyurappa announced here on Wednesady that he will present the state budget on March 5.

Speaking to media here at his Shekaripura residence, he said this will the first budget of Yediyurappa government after coming to power in July this year and it is going to be his seventh budget presentation.

Budget preparation are going on and priority will be given to farmers in the budget.

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As valuation touches $8 bn, Byju's pips Ola as 3rd largest unicorn in India

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January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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