A naukri.com initiative
Startup News
Inc42
2w
398
Image Credit: Inc42
US Tariffs An Opportunity, Manufacturing Needs Big Push: Accel’s Prashanth Prakash
- The Indian manufacturing ecosystem needs a big push to weather the US tariff storm.
- Accel partner Prashanth Prakash emphasizes the need to focus on manufacturing given the current geopolitical situation.
- Prakash sees the US tariffs as an opportunity for India to step up and fill the gaps in the disrupted supply chain.
- India aims to boost domestic manufacturing in sectors like semiconductors, EVs, defence tech, and more to become a $10 Tn economy.
Read Full Article
23 Likes
ISN
2w
17
Image Credit: ISN
Next-gen juice brand Alienkind raises $1.2 million in a seed funding round
- Next-gen juice brand Alienkind has raised $1.2 million in a seed funding round led by notable industry veterans.
- The funds were raised at a valuation of $10 million.
- Alienkind aims to make fresh fruit juices a lifestyle statement, encouraging consumers to make the clear, superior choice of drinking juice.
- With this funding, Alienkind will focus on scaling its footprint across key metropolitan cities in India.
Read Full Article
1 Like
The Pragmatic Engineer
2w
328
Image Credit: The Pragmatic Engineer
The Pulse #129: new trend of EMs quitting to be startup founders using AI
- EMs (Engineering Managers) are quitting their roles to become startup founders using AI tools.
- AI tools empower non-hands-on engineering leaders to launch their own businesses and build v1 products to attract customers or raise funding.
- Leaked startup recruitment guidelines reveal the increasing importance of pedigree and the existence of blacklists for hiring engineers.
- Donald Trump's new tariffs on US imports have the potential to significantly impact the tech industry.
Read Full Article
10 Likes
TechCrunch
2w
416
Image Credit: TechCrunch
Thatch raises $40M to give employees more control of their health care choices
- Thatch, a startup focusing on transforming health insurance for employers and employees, has secured $40 million in Series B funding led by Index Ventures.
- The total equity funding raised by Thatch since October 2021 amounts to $84.5 million.
- Thatch assists employers in offering Individual Coverage Health Reimbursement Arrangement (ICHRA) to employees, allowing them to use funds for individual medical insurance.
- The marketplace provided by Thatch enables employees to choose from various health insurance options and utilize a debit card for remaining balances.
- Thatch offers flexibility for employees to select healthcare plans they prefer, including medical, dental, and vision, with the ability to switch carriers if dissatisfied.
- With ICHRA, Thatch allows customization of health benefits based on employee groups, providing tailored health plan offerings.
- The founders emphasize the need to detach healthcare from employer dependencies and offer tax-free money for healthcare spending based on individual needs.
- Thatch has onboarded over a thousand companies in the last 18 months, with revenue growing 8x year-over-year and partnerships with companies like QuickBooks and ADP in progress.
- Employing individuals with fintech experience, Thatch focuses on solving financial challenges associated with ICHRA, aiming to streamline healthcare benefits.
- Jahanvi Sardana of Index Ventures praises Thatch for revolutionizing benefits through transparent, personalized, and choice-driven healthcare offerings.
Read Full Article
25 Likes
ISN
2w
4
Image Credit: ISN
South Indian food brand Sweet Karam Coffee raises $8 million in a Series A round
- Chennai-based South Indian food brand Sweet Karam Coffee has raised $8 million in a Series A funding round led by Peak XV Partners, with participation from Fireside Ventures.
- The funding will be used to scale distribution, diversify the product line, and build technology-driven supply chain capabilities.
- Sweet Karam Coffee offers clean-label sweets and snacks and has gained popularity in the regional, preservative-free packaged foods segment.
- The company has seen rapid growth in the quick commerce segment and expanded its presence in dark stores across India, as well as shipping products to 32 countries.
Read Full Article
Like
ISN
2w
65
Image Credit: ISN
Edtech major Eruditus reports Rs 3,733 crore revenue in FY24; EBITDA loss declines by 83%
- Global edtech firm Eruditus reported a revenue of Rs 3,733 crore in FY24, up 12% from the previous year.
- The company reduced its EBITDA losses by 83%, dropping from Rs 417 crore in FY23 to Rs 69 crore in FY24.
- Eruditus is the leading edtech company in India, surpassing competitors PhysicsWallah and upGrad in terms of revenue.
- The firm focuses on executive and higher education programs and aims to reach $520-$530 million in revenue in the current financial year.
Read Full Article
3 Likes
Economic Times
2w
353
Image Credit: Economic Times
Tech startup funding rose 23% in 2024, deeptech saw 78% boost: Nasscom report
- Funding for Indian tech startups increased 23% in 2024, reaching $7.4 billion.
- Deeptech startups witnessed a 78% YoY growth, raising $1.6 billion of the total funding.
- India observed a doubling in new tech startups founded, with over 2,000 in 2024.
- Addressing structural gaps, better understanding of deeptech startup valuation models, and stronger collaboration between government, industry, and academia can boost India's tech startup ecosystem.
Read Full Article
20 Likes
Dev
2w
203
Image Credit: Dev
What is a transactional email? Everything you need to know
- Transactional emails are automated emails triggered by specific user actions, delivering essential information like account updates, password resets, or purchase confirmations.
- They are crucial for user engagement, trust-building, and enhancing the user experience in various digital platforms.
- Key characteristics of transactional emails include being triggered by user actions, personalized content, high deliverability, and high engagement rates.
- Examples of transactional emails include account-related emails, purchase or subscription emails, usage emails, and security and compliance emails.
- Transactional emails are used for various purposes like welcoming new users, confirming purchases, notifying users of account updates, and ensuring security through alerts.
- They are essential for providing immediate feedback, maintaining security, and building trust with users on digital platforms.
- Unlike marketing emails, transactional emails do not require an unsubscribe link as they contain essential user information rather than promotional content.
- Transactional emails play a vital role in ensuring users receive critical information promptly and securely on digital platforms.
- For assistance with transactional emails, you can contact Sidemail for email delivery services and support in managing and integrating transactional emails.
Read Full Article
12 Likes
Hackernoon
2w
347
Image Credit: Hackernoon
Meet Garini, SimZero & LUV NFT: HackerNoon Startups of the Week
- HackerNoon's Startups of the Week feature Garini, SimZero, and LUV NFT, highlighting their achievements and nominations.
- Garini, based in Oran, Algeria, optimizes parking profitability and is a key player in the sharing economy and smart-city solutions.
- SimZero, located in Valencia, Spain, focuses on AI-driven scientific simulations for Industry 4.0/5.0 and Smart Cities applications.
- LUV NFT, in Atlanta, GA, is known as the 'Apple of blockchain,' offering Web5 solutions and gamification for asset tokenization.
- HackerNoon's Startups of The Year feature startups nominated in categories like Transportation Services, Business Intelligence, Research, Machine Learning, AR/VR, Music, Games, and Generative AI.
- The article discusses the value of nominations and provides insights into the innovative approaches of the featured startups.
- Startups can leverage HackerNoon's platform for visibility and support, with options like interviews, branding packages, and content marketing.
- The importance of community-driven events like Startups of The Year is highlighted, recognizing tech startups globally and promoting innovation.
- HackerNoon offers unique branding opportunities and partnership with sponsors like Wellfound, Notion, Hubspot, Bright Data, and Algolia.
- Startups looking to enhance their presence or gain recognition can benefit from the curated packages and networking opportunities provided by HackerNoon.
Read Full Article
20 Likes
TechCrunch
2w
377
Image Credit: TechCrunch
Call for speakers: Showcase your knowledge at TechCrunch All Stage
- TechCrunch All Stage 2025 is calling for speakers to share their scaling strategies in Boston on July 15.
- Founders, VCs, and startup experts can lead thought-provoking sessions and interactive roundtables.
- Speakers have the chance to compete in the Audience Choice round and be voted on by TechCrunch readers.
- Selected speakers will receive perks such as full access to the event and brand promotion on TechCrunch platforms.
Read Full Article
22 Likes
SiliconCanals
2w
386
Image Credit: SiliconCanals
Eindhoven-based ANTENNEX secures additional investment from Amsterdam’s Borski Fund
- Eindhoven-based ANTENNEX has secured additional funding from Amsterdam's Borski Fund to support its international growth and innovation.
- ANTENNEX plans to enhance its product offerings and meet the rising global demand.
- Borski Fund focuses on closing the funding gap for women-led startups and invests in businesses with female (co)founders or those developing innovative products/services for women.
- ANTENNEX specializes in advanced measurement systems for wireless applications, simplifying complex measurements with its flagship product, The Wireless Connector.
Read Full Article
23 Likes
ISN
2w
99
Image Credit: ISN
Flipkart Internet gets Rs 3,249 crore from its Singapore parent company
- Flipkart Internet, the marketplace arm of Walmart-owned Flipkart, has raised Rs 3,248.9 crore in internal funding from its Singapore-based parent company.
- The funding was raised through a rights issue, with the company's board allotting 470,772 equity shares at Rs 69,013.70 apiece to Flipkart Marketplace Private Limited.
- Flipkart Internet reported a revenue of Rs 17,907.3 crore in FY24, with a year-on-year growth of nearly 21%, and its losses narrowed by 41% to Rs 2,358 crore from the previous year.
- Flipkart is actively exploring listing opportunities for an IPO in India within the next 12 to 15 months and has been expanding into the quick commerce segment through its 'Minutes' service.
Read Full Article
6 Likes
Startus
2w
290
Image Credit: Startus
Join Iberdrola’s Smart Worker & Networks Security Startup Challenge: Innovate to Improve Operational Efficiency
- Iberdrola, a global leader in energy, is holding the Smart Worker & Networks Security Startup Challenge to improve operational efficiency and workplace safety.
- The challenge focuses on prevention technology, monitoring and response, compliance with safety regulations, hazard identification, job safety optimization, worker awareness and training, and introducing cutting-edge technologies.
- Winning startups will have the opportunity to collaborate with Iberdrola, receive funded proof of concept agreements, access real-world testing, and potentially scale their solutions globally.
- The program timeline includes an application deadline of May 11, 2025, evaluation period from May 12 to June 16, 2025, and pilots and implementation starting from June 17, 2025.
Read Full Article
17 Likes
Eu-Startups
2w
186
Sedna Communications raises €10 million for its maritime technology platform
- London-based Sedna Communications has raised €10 million in debt financing from CIBC Innovation Banking.
- The funding will be used to drive AI innovation, expand platform integrations, and support sustainable growth.
- Sedna Communications provides an AI-powered workflow automation platform for the global trade and supply chain market.
- The platform helps maritime and supply chain businesses streamline communication and consolidate business decisions.
Read Full Article
11 Likes
Yourstory
2w
156
Image Credit: Yourstory
India is playing its cards well, says CEA amid Trump tariff disruption
- Amid the disruption caused by US President Donald Trump's tariff measures, Venkatramanan Anantha Nageswaran, Chief Economic Advisor to the Government of India, emphasized the need for businesses and investors to focus on India's economic strengths.
- Nageswaran highlighted India's large domestic consumption-based economy and the growth of services exports as factors that contribute to its economic stability.
- He stated that India is well-positioned to sustain decent real GDP growth rates despite global uncertainties and geopolitical tensions.
- Nageswaran suggested that disruptions can lead to rethinking economic models and strategic relationships, and India is strategically focused on maximizing its options.
Read Full Article
9 Likes
For uninterrupted reading, download the app