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Startup News
Economic Times
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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.
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Dev
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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.
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Hackernoon
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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.
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TechCrunch
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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.
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SiliconCanals
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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.
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ISN
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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.
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Startus
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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.
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Eu-Startups
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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.
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11 Likes
Yourstory
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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.
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Startup Story
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Image Credit: Startup Story
Agentic AI Startup Composio Secures $24 Million in Series A Funding
- Agentic AI startup Composio raised $24 million in Series A funding round from investors including LightSpeed India, Elevation Capital, and Together Fund.
- Composio focuses on simplifying complex enterprise workflows through AI-driven automation and enables businesses to automate intricate workflows using AI agents.
- Composio competes with global AI-driven automation players such as Stack AI, Dify AI, and Deepset.
- The funding reflects increasing investor interest in AI-driven SaaS solutions, and Composio is well-positioned to become a key player in intelligent automation solutions for businesses worldwide.
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TechCrunch
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Image Credit: TechCrunch
New session at TechCrunch All Stage: Jahanvi Sardana on how top startups reshape markets
- TechCrunch All Stage is hosting a founder summit with 1,200 founders and VCs in Boston on July 15.
- Jahanvi Sardana from Index Ventures is joining the breakout session lineup to discuss assessing total addressable market (TAM) for startups.
- The session will cover case studies of companies like Datadog, Adyen, Wiz, Shopify, and Airbnb on expanding their TAM.
- Jahanvi Sardana specializes in cybersecurity, enterprise software, and fintech investments as a partner at Index Ventures.
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Inc42
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Image Credit: Inc42
Kissht Eyes $225 Mn IPO, To File Draft Papers By June: Report
- Digital lending startup Kissht is planning an IPO of $225 Mn.
- The Mumbai-based fintech startup has chosen ICICI Securities, UBS Securities, and Motilal Oswal as investment bankers for the IPO.
- Kissht aims to file draft papers for the IPO by June, targeting a valuation of $900 Mn to $1.1 Bn.
- The IPO will consist of primary and secondary share sales, with around 75% of the capital raised for funding growth and new business lines.
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24 Likes
Bitcoinmagazine
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Image Credit: Bitcoinmagazine
Bitcoin Startups Raised Nearly $1.2 Billion
- New research from venture capital firm Trammell Venture Partners (TVP) reveals that Bitcoin startups raised approximately $1.2 billion between 2021 and 2024.
- Despite a decline in the broader crypto and tech venture capital markets, Bitcoin-specific startup formation and funding remained strong, particularly at the Pre-Seed stage.
- Pre-Seed transaction volume for Bitcoin startups increased by 767% compared to 2021, indicating a maturing and sustained venture category.
- The data confirm a sustained, long-term venture category trend, demonstrating continued growth in early-stage Bitcoin startup activity.
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13 Likes
Alleywatch
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Pickle Secures $12M Series A to Scale its Peer-to-Peer Fashion Rental Marketplace
- Pickle has secured a $12M Series A funding round led by FirstMark and Craft Ventures, bringing total capital raised to $20M.
- The platform operates as a peer-to-peer fashion rental marketplace, connecting users directly to rent fashion items from each other's closets.
- Pickle aims to make high-end fashion accessible while enabling closet owners to earn money from their wardrobe by renting out items.
- The company currently has over 200,000 items from 2,000+ brands on its platform, fostering a circular economy in fashion.
- Pickle allows users to list items for rent, set pricing, and select shipping methods, while renters can easily browse and rent items online or in-app.
- The founders, Brian McMahon and Julia O'Mara, started Pickle to help people make better purchasing decisions by connecting a community of shareable closets.
- Unlike traditional fashion rental companies, Pickle's supply comes directly from individuals' closets, allowing them to keep up with real-time trends.
- Pickle targets a broad market looking for affordable, convenient, and circular fashion solutions, with a focus on women's clothing and accessories.
- The company charges a service fee on transactions and offers on-demand, same-day delivery through its courier network.
- Pickle plans to expand its team, product offerings, and market presence in cities beyond its current strongholds like NYC and LA.
- The founders advise companies without fresh capital to focus on core value propositions, serve customers well, and leverage the diverse opportunities in New York for building.
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12 Likes
Medium
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Image Credit: Medium
Innovation Meets Accountability: Why Startups Need Smart Funding & Productivity Tools
- Startups can benefit from smart funding and productivity tools, such as those offered by AAK Tele-Science.
- Integrating AI-driven investment tracking, project collaboration, and workforce management, startups can focus on innovation while maintaining control over their operations.
- Traditional financial oversight often falls short in the fast-paced startup environment, leading to overspending, misallocation, and financial instability.
- AAK Tele-Science's AI-powered tools help startups attract investors, optimize workflows, and scale efficiently, combining innovation and accountability.
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