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Startup News
Medium
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255
Image Credit: Medium
How Startup Crowd Empowers Startups for Success
- Access to traditional financing routes can be challenging for startups, but Startup Crowd simplifies this by connecting them with investors.
- Startup Crowd provides startups with a platform to showcase their products, services, and vision, increasing visibility and attracting potential investors.
- Entrepreneurs using Startup Crowd gain access to industry experts and mentors who offer valuable guidance on various aspects of building a successful business.
- Startup Crowd fosters a community of like-minded individuals, allowing startups to collaborate, share ideas, and build partnerships.
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Inc42
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332
Image Credit: Inc42
UPI Transactions Jump 10% MoM In October
- The Unified Payments Interface (UPI) transactions increased by 10% month-on-month (MoM) in October, reaching 16.58 Bn.
- On a year-on-year basis, the transaction count surged by 45%.
- Total UPI transactions processed in October amounted to INR 23.50 Lakh Cr, compared to INR 20.64 Lakh Cr in the previous month.
- Fintech giants PhonePe and Google Pay remain the dominant players in the UPI market.
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Medium
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247
Mogul Press Public Relations — for Startups
- PR is the catalyst that can bridge the gap between being a fledgling startup and a recognized industry contender.
- Mogul Press delivers results-driven PR services that cater to the needs of startups.
- They provide customized campaigns that ensure every campaign aligns with the startup’s brand voice and objective.
- Mogul Press helps startups craft a brand narrative that highlights their journey, mission, values, and unique differentiators.
- The firm ensures that their clients’ content not only informs but engages and inspires.
- Mogul Press’s extensive network includes connections with influential journalists, bloggers, and industry analysts.
- The firm helps startups create integrated campaigns that utilize social media, online news outlets, and other digital platforms for maximum reach.
- Mogul Press works with startup founders to identify topics they can speak on with authority, whether it’s through bylined articles, speaking engagements, or interviews.
- PR helps startups appeal to potential investors and partners, signaling to investors the startup is credible and has momentum.
- Mogul Press tailors its PR campaigns through a multi-step process of consultation, research, strategy development, implementation, monitoring and adjustments, and reporting and analysis.
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TheStartupMag
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110
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5 People That Will Benefit From Using a Data Removal Service
- Privacy-conscious individuals can use data removal services to minimize their digital presence and protect their privacy.
- Job seekers can benefit from data removal services to clean up their digital footprint and improve their chances of getting hired.
- Public figures such as celebrities, politicians, and influencers can use privacy services to remove false news articles and unauthorized content that could damage their reputation.
- Victims of identity theft can rely on data removal services to locate and eliminate personal information from websites and databases, reducing the chances of further fraud.
- Individuals with past legal issues can use privacy services to suppress online records related to their resolved cases, helping them move forward without the stigma affecting their social or professional lives.
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Medium
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106
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50 days of problem hunting !Problem 1
- Magnus, a grandmaster, faced a problem during a Chess World Cup game where rapid moves on a traditional board caused pieces to topple, costing him valuable time.
- The manual effort needed to reset the pieces impacted Magnus' speed and precision, affecting his chances of winning the game.
- The unresolved problem could have a negative impact on Magnus' performance and his chances of achieving a 50-millisecond advantage, which is crucial in competitive chess.
- This problem highlights the need for developing optimized OTB (Over The Board) chess boards to cater to different player segments, including those with special needs and young players.
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Inc42
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221
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Hala Mobility Bags INR 51 Cr To Expand Its EV Fleet
- Hala Mobility has secured INR 51 Cr ($6 Mn) in Pre Series A funding to expand its EV fleet and operations.
- The funding round saw participation from the company's founders, as well as other investors including Sarthy Angels and Bestvantage.
- Hala Mobility plans to deploy the capital to scale up its EV fleet and expand into six additional cities across India, with a target of deploying 10,000 EVs by December next year.
- The Indian EV market is projected to reach $110.74 Bn by 2029, and Hala Mobility is aiming to offer innovative and sustainable mobility solutions in this segment.
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VIE Stories
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170
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Fastest growing city in India 2024
- Bangalore is the fastest-growing city in India, with a thriving IT sector, world-class educational institutions, and healthcare centres.
- Pune has emerged as one of India's fastest growing cities, with its strategic location, advanced urban planning, and well-connected transportation network.
- Surat is the fourth fastest-growing metropolis in India, known for its vibrant culture, shopping, business opportunities, and modern infrastructure.
- Hyderabad is one of the fastest growing cities in India, driven by the rise of the IT industry, significant economic growth, and a vibrant culture.
- Chennai is one of the fastest growing cities in India known for its strong industrial, educational, cultural, and economic activities.
- Ahmedabad, the largest city in Gujarat, is among the fastest growing cities in India, well known for its culture, education, industries, and infrastructure.
- Navi Mumbai is growing rapidly, much like a dynamic force among Indian cities, with excellent medical care, top-tier institutes, and a diverse range of lifestyle options.
- Indore, often called the “Mini Mumbai,” is becoming increasingly significant in urban development with its great healthcare, lively educational sector, and a modern feel.
- Gurgaon, often called the corporate hub, has seen a big rise in global firms, IT titans, and manufacturing units, with a business-friendly environment and strong infrastructure.
- Visakhapatnam, famous for its deep-water harbor and role as a trade and business hub, is becoming a major city thanks to its industrial hub, well planned road networks, and good public transportation system.
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TheStartupMag
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379
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Construction Success: 5 Common Pre-Build Mistakes to Avoid
- Construction projects require meticulous planning to ensure success.
- Common pre-build mistakes to avoid include skipping material testing, inadequate site investigation, insufficient risk assessment, underestimating costs, and lack of stakeholder communication.
- Testing materials correctly is crucial for structural integrity and longevity.
- Thorough site investigation and risk assessment mitigate potential delays and safety concerns.
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22 Likes
TechCrunch
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903
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Founders should seek sector alignment when looking for a family office investor
- Family offices contribute 27% of overall startup deal value in the first half of 2023, according to PwC's report.
- Founders seeking family office investors should prioritize finding alignment with the sector in which their startup operates.
- Family offices prefer investing in businesses that complement their own and can bring strategic value.
- Family offices are known for their emotional investment, flexibility, and patience compared to traditional venture capitalists.
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21 Likes
Yourstory
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1.2k
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After 3.5X revenue growth in 2 years, this vending machine startup is integrating AI in retail
- India's vending machine market is growing rapidly, projected to expand at a CAGR of 14.9% from 2020 to 2026.
- Daalchini Technologies, a leading player, has installed over 2,500 smart vending machines in 80 cities, achieving a 123% CAGR over the last eight quarters. The startup offers a diverse range of products, including fresh snacks and wellness items, through cashless and app-based systems.
- Daalchini’s revenue surged from Rs 12 crore in FY22 to Rs 42 crore in FY24, aiming for Rs 100 crore by fiscal year-end. The company plans to expand from 1,600 to over 5,000 outlets in the next 12-18 months.
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Inc42
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95
Image Credit: Inc42
CRED Forays Into Insurance Vertical
- Fintech unicorn CRED has launched its own insurance products through its vehicle management platform CRED garage.
- The new offering includes motor insurance with additional discounts based on credit scores.
- CRED garage gained traction with over 4.2 Mn vehicles parked on the platform in FY24.
- CRED plans to launch more new products to further monetize its user base.
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Economic Times
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379
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Wealth fund INA and VC firm Granite plan to invest $1.2 billion in Indonesia tech
- Indonesian sovereign wealth fund INA and Singapore-based venture capital firm Granite Asia plan to invest up to $1.2 billion in Indonesia's technology sector and businesses with ties to the country.
- The investments will include both equity and hybrid capital, but the exact distribution and timeline were not disclosed.
- INA collaborates with global and domestic investors to invest in assets in Indonesia.
- Granite Asia, with assets under management of $5 billion, was previously part of venture capital firm GGV Capital.
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ISN
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557
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Facebook India Online Services profit jumps 43% to Rs 505 crore in FY24
- Facebook India Online Services, a subsidiary of Meta Platforms Inc., reported a 43% increase in profit for FY24, reaching Rs 504.9 crore.
- The company's revenue from operations grew by 9.3% to Rs 3,034.8 crore.
- Facebook India derives its revenue from selling advertising inventory and providing support services to Meta Platforms Inc.
- The effective cost management contributed to the company's profitability, with controlled expense growth and decreased depreciation and amortization expenses.
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1 Like
ISN
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891
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Google India reports Rs 5,518 crore revenue in FY24, profit jumps to Rs 1,425 crore
- Google India recorded a revenue of Rs 5,518 crore in FY24, a 22.5% increase from FY23.
- The total income for the year, including other income streams, was Rs 5,921 crore.
- The company's profit after tax (PAT) for FY24 was Rs 1,424 crore, a 6% rise from FY23.
- Google India's revenue is driven by advertising, IT-enabled services, and enterprise products.
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ISN
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780
Image Credit: ISN
KiranaPro raises pre-seed funding to revolutionise quick commerce for kirana stores and supermarkets
- KiranaPro, a quick commerce app for Kirana stores and supermarkets, has raised pre-seed funding.
- The funding round saw participation from angel investors and venture firms like Unpopular Ventures and Blume Founders Fund.
- The investment will help KiranaPro enable ten-minute deliveries for customers and strengthen its infrastructure.
- KiranaPro plans to expand its ONDC counters in supermarkets and enhance its technology platform.
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