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Startup News
Yourstory
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[Weekly funding roundup March 22-28] Venture capital inflows see marginal rise
- Venture capital funding into Indian startups saw a marginal increase in the last week of March.
- Total funding during this week came in at $191 million across 26 deals, compared to $110 million in the previous week.
- The VC inflow on a weekly basis has fluctuated between $412 million and $110 million, reflecting the challenges faced by the Indian startup ecosystem in raising consistent capital.
- While the number of large deals above $100 million has been sparse, there have been interesting developments with VC firms raising fresh capital and startups raising funding.
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Economic Times
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Byju Raveendran joins X: 'Here to talk about the past 20 years'
- Byju Raveendran, founder of Byju's, has joined social media platform X to talk about the past 20 years of the company.
- Byju Raveendran seeks to share the truth about the company and events surrounding it over the past two years.
- Byju's cofounder, Divya Gokulnath, announced Byju Raveendran's entry into social media after years of persuasion.
- Byju Raveendran aims to provide unfiltered facts about the good and bad times of Byju's journey.
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Startup Story
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Smallcase Raises $50 Million in Series D Funding Round Led by Elev8 Venture Partners
- Wealthtech startup Smallcase has raised $50 million in its Series D funding round led by Elev8 Venture Partners.
- The funding will be used to expand Smallcase's investment product offerings, strengthen relationships with retail investors, and consolidate its position in the wealth management space.
- Smallcase offers a model portfolios platform, serving over 10 million users and facilitating over ₹1.2 lakh crore in transactions.
- With the new funding, Smallcase aims to scale operations, introduce new investment products, and simplify stock investing for retail investors.
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AllTopStartups
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7 Common Mistakes to Avoid When Implementing a Hosted PBX System
- Businesses implementing a Canada hosted PBX system may encounter common pitfalls that can lead to disruptions.
- Not defining clear communication needs upfront can result in a system that doesn't serve the business well.
- Overlooking scalability during the initial implementation can pose challenges as the business expands.
- Prioritizing security is crucial to prevent vulnerabilities to cyberattacks and data breaches.
- Integration with existing systems is essential to avoid inefficiencies and data silos.
- Investing in adequate training and support for employees ensures effective system utilization and mitigates downtime.
- Considering VoIP reviews helps in understanding system reliability and functionality from user experiences.
- Setting a realistic budget and considering all potential costs is important to avoid financial surprises post-implementation.
- By understanding and avoiding these mistakes, businesses can ensure a successful implementation of their Canada hosted PBX system.
- Assessing communication needs, prioritizing security, and incorporating proper training are key steps in optimizing PBX system benefits.
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Startup Pedia
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Shreyas Talpade Accused In Rs 100 Cr Ponzi Scam In Uttar Pradesh, FIR Filed
- Bollywood actor Shreyas Talpade and 14 others have been named in a deceptive multi-crore chit fund scam in Uttar Pradesh's Mahoba district.
- They were allegedly associated with 'The Loni Urban Multistate Credit and Thrift Cooperative Society Limited' and misled rural investors with promises of high returns.
- The company abruptly ceased operations after collecting crores from unsuspecting rural investors, and its representatives disappeared.
- Earlier, an FIR was filed against Talpade and senior actor Alok Nath for defrauding investors of over ₹9 crore.
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ISN
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Cricket icon Yuvraj Singh’s startup aims for Rs 125 crore ARR in the upcoming financial year
- Twiddles, a health-focused snacking startup co-founded by former cricket star Yuvraj Singh, aims to achieve Rs 125 crore in annual recurring revenue (ARR) in the upcoming financial year.
- Within three months of its launch, Twiddles claims to have gained thousands of customers and is on track to generate Rs 2 crore in monthly recurring revenue (MRR) next quarter.
- India's premium snacking segment is expected to grow from Rs 42,000 crore to Rs 95,000 crore by 2032, and Twiddles aims to capitalize on this market by providing high-protein, clean-label snacks.
- Twiddles plans to expand its product range, collaborate with influencers, and establish an omnichannel retail strategy to sustain its growth in the snack industry.
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TechCrunch
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YC-backed Taxo raises $5M to slash healthcare admin with its AI ‘reasoning engine’
- YC-backed Taxo raises $5M to slash healthcare admin with its AI ‘reasoning engine’
- Taxo, a San Francisco-based startup, has raised $5 million in a seed round led by Y Combinator, General Catalyst, and Character Capital.
- Taxo's AI 'reasoning engine' transparently explains its decisions, helping build trust with doctors and increasing prior authorization approval rates to 98%.
- The startup now serves about 15 customers, ranging from clinics to government providers, and has achieved $1 million ARR within six months of its launch.
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Inc42
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Cabinet Approves INR 22,919 Cr PLI Scheme For Electronics Components
- The union cabinet has approved a production-linked incentive (PLI) scheme for non-semiconductor electronics components, with an outlay of INR 22,919 Cr.
- The scheme aims to attract an investment of INR 59,350 Cr and generate production worth INR 4,56,500 Cr over six years, along with creating additional direct and indirect employment opportunities.
- The scheme will focus on developing a robust component ecosystem, increasing domestic value addition, and integrating Indian companies with global value chains.
- The incentive will be divided into three categories based on turnover, hybrid models, and capital equipment for electronics manufacturing.
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Startup Pedia
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Tata Motors India To Launch Electric Scooter With 200 Km Range, 3.5 kWh Lithium-Ion Battery At Only ₹1-1.2 Lakhs
- Tata Motors India is set to launch its electric scooter into the market in 2025.
- The Tata Electric Scooter can cover a range of up to 200 km on a charge and is priced at around ₹1-1.2 Lakhs.
- The scooter features a full digital dashboard, LED lights, and alloy wheels for added safety.
- The Tata Electric Scooter is expected to be a strong competitor to Ola S1 Pro and Bajaj Chetak.
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Yourstory
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Why is this Ghibli Filter making the creative artists sweat?
- The Ghibli Filter, an AI-driven tool, is causing ripples in the creative industry.
- Users can transform ordinary images into Studio Ghibli-style artworks.
- Debate arises regarding the impact of AI on creativity and the potential displacement of human artists.
- Legal and ethical concerns arise with the use of AI-generated art.
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ISN
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Temasek-owned Fullerton buys majority stake in MSME-focussed lending tech platform Lendingkart
- Fullerton Financial Holdings has acquired a majority stake in fintech lender Lendingkart.
- The deal sees Fullerton injecting Rs 252 crore into Lendingkart as part of its Series E fundraise.
- This acquisition will strengthen Lendingkart's financial position and enhance its technology-driven credit underwriting.
- Lendingkart provides digital working capital loans to micro, small, and medium enterprises (MSMEs) to improve credit access for small businesses.
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Yourstory
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Powering AI with governed, compliant, and AI-ready data
- Anand Ramamoorthy, APJ Communities of Practice Leader at Informatica, emphasized the importance of having clean, governed, and AI-ready data for successful AI adoption.
- The Informatica Data & AI Summit 2025 highlighted the challenge of data readiness in fueling AI systems for real business impact.
- Industry leaders stressed the need to align data governance with AI ambitions for unlocking true business value.
- DatAInfa, a platinum sponsor at the summit, showcased AI-powered solutions to transform enterprise data ecosystems for compliance and security.
- DatAInfa's journey began with addressing data ecosystem challenges and evolved to focus on AI-driven data governance and compliance automation.
- Regulatory complexity, evolving compliance standards, and responsible AI adoption were key topics discussed at the summit.
- DatAInfa helps businesses stay compliant while driving AI innovation by aligning data governance with regulatory frameworks.
- Challenges faced by organizations in maintaining seamless workflows, real-time data lineage, and compliance with evolving regulations were highlighted.
- DatAInfa goes beyond traditional data management with AI, automation, and industry expertise to provide comprehensive solutions for trusted data delivery.
- Real-world impact stories showcased how DatAInfa's solutions improved operational efficiency and compliance for clients like a leading retail chain in the Middle East.
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Massivelyop
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Tencent will hold a 25% stake in Ubisoft’s new subsidiary focused on Assassin’s Creed, Rainbow Six, and Far Cry
- Ubisoft and Tencent have formed a new subsidiary focused on Assassin's Creed, Rainbow Six, and Far Cry franchises.
- Tencent will hold a 25% stake in the new Ubisoft subsidiary.
- The subsidiary will be controlled by Ubisoft and headquartered in France.
- No details have been revealed about specific projects or the benefits of Tencent's increased investment.
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Inc42
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Exclusive: Kouzina Food Tech Invests In Shark Tank Fame MOPP Foods
- Bengaluru-based Kouzina Food Tech has made a “strategic” investment in Delhi NCR-based cloud kitchen startup MOPP Foods.
- Kouzina Food Tech will have a majority representation on MOPP Foods’ board.
- MOPP Foods aims to leverage Kouzina Food Tech’s cloud kitchen network to expand its number of cloud kitchens to 200.
- Indian cloud kitchen market is expected to become a $4.4 Bn opportunity by 2032.
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Unboxing Startups
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How Businesses Can Stay Operational During Unexpected Disruptions
- Businesses face various challenges such as natural disasters, cyberattacks, and geopolitical instability that can disrupt operations.
- Preparation is crucial for resilience, with Business Continuity Management and Planning being effective strategies.
- BCM involves identifying critical operations and devising contingency plans, tailored to unique business needs, to minimize downtime.
- Technology, like disaster recovery planning and automation, plays a vital role in rapid recovery post-disruption.
- Employee training and clear communication are essential for executing plans effectively during crises.
- Lessons from companies like Walmart during Hurricane Katrina underscore the importance of preparedness in staying operational during disruptions.
- Resilience isn't luck but a result of strategic planning and tested continuity plans that help organizations recover faster post-disruption.
- Businesses can start by conducting risk assessments, prioritizing critical functions, investing in scalable solutions, and testing plans regularly.
- For small businesses, simple steps like keeping generators on hand and cross-training staff can enhance resilience over time.
- Ultimately, resilience is a continuous process, and investing in preparation today can prevent major failures in the future.
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