A naukri.com initiative
Startup News
ISN
2w
108
Image Credit: ISN
Mamaearth parent company Honasa grants ESOPs worth Rs 57 Crore
- Honasa Consumer, the parent company of Mamaearth, grants ESOPs worth Rs 57 crore.
- 24.61 lakh stock options have been granted under the ESOP-2018 plan.
- Each option carries an exercise price of Rs 10 and will convert into one equity share upon vesting.
- Honasa Consumer reported a 5.9% YoY increase in revenue and a net profit of Rs 26 crore in the third quarter of FY25.
Read Full Article
6 Likes
Inc42
2w
216
Image Credit: Inc42
India’s Low Labour-Cost Advantage Under Threat Due To Tech Advancements: CEA Nageswaran
- India's low labour-cost advantage is under threat due to advancements in technology across developed nations, according to CEA Nageswaran.
- Automation and AI-driven innovations pose a growing challenge to India's labour-cost advantage, as countries like Japan and Europe heavily invest in AI.
- CEA Nageswaran highlights the need to balance technology and labour, defining technology as labour-augmenting rather than labour-displacing.
- While India has strengths in intellectual inputs and software professionals, it must find a balance between AI investment and ensuring employment for its population.
Read Full Article
10 Likes
Siliconangle
2w
66
Image Credit: Siliconangle
Unframe launches with $50M in funding to offer outcome-based AI solutions for businesses
- Unframe Inc. has raised $50 million in funding to support global expansion and sales growth.
- Unframe aims to deliver outcome-based AI solutions for businesses, allowing them to solve any enterprise AI use case at scale.
- The company offers turnkey AI solutions that are ready to use in hours, with partnerships with large enterprises and millions in annual recurring revenue.
- Unframe's flexible AI platform allows tailored solutions with no limits on users, queries, and integrations, utilizing an outcome-based pricing model.
Read Full Article
3 Likes
SteveBlank
2w
325
Image Credit: SteveBlank
The U.S. Led the World in Science and Technology and Just Gave It Up
- The U.S. led the world in science and engineering for 85 years after WWII due to government funding and university research collaboration.
- The U.S. had an 85-year relationship with government agencies like NIH and NSF, funding university research annually with billions of dollars.
- This collaboration resulted in technological leadership, startup creations, and job opportunities in the U.S.
- The Bayh/Dole Act of 1980 allowed universities to retain ownership of inventions from federally funded research, fostering innovation and technology transfer.
- University research generated patents, copyrights, and startups, attracting foreign talent and investments.
- The U.S. university research ecosystem was unique in driving innovation and economic growth.
- The indirect costs of university research were supported by government reimbursements, which facilitated the construction of top-tier research labs.
- Over the years, government reimbursement policies were adjusted to oversee indirect cost rates and prevent misuse.
- The U.S. science-based economic engine is facing challenges as NIH slashed indirect reimbursement rates, potentially impacting research budgets and infrastructure development.
- As the U.S. may lose its dominance in science, many researchers may seek opportunities abroad, possibly benefiting economic rivals like China.
Read Full Article
19 Likes
Medium
2w
104
Image Credit: Medium
The Only Way to Build Great Products
- A product vision is crucial for building great products as it defines what you're trying to achieve.
- The vision should focus on the fundamental change in users' lives, not just features or technology.
- To define a powerful vision, use the 'Why' technique to uncover the core human need or motivation.
- For example, if your product helps people schedule meetings more efficiently, the deeper purpose could be enabling effective time management.
Read Full Article
6 Likes
Yourstory
2w
316
Image Credit: Yourstory
7 Feel-good books that feel like a hug for your soul
- Books have the extraordinary ability to transport us into beautifully crafted worlds, offering solace and comfort.
- Here are 7 books that feel like a cosy hug for your soul: The House in the Cerulean Sea by TJ Klune, Eleanor Oliphant Is Completely Fine by Gail Honeyman, The Midnight Library by Matt Haig, Anne of Green Gables by L.M. Montgomery, The Little Paris Bookshop by Nina George, The Rosie Project by Graeme Simsion, Tuesdays with Morrie by Mitch Albom.
- These books offer heartwarming stories, endearing characters, and messages of acceptance, kindness, and love.
- They remind us of the beauty in life, the impact of human connection, and the importance of cherishing every moment.
Read Full Article
19 Likes
Economic Times
2w
43
Image Credit: Economic Times
Ola Electric launches HyperDelivery for same-day vehicle registration, delivery
- Ola Electric has launched 'HyperDelivery', offering same-day registration and delivery of its electric two-wheelers.
- The pilot program has been rolled out in Bengaluru and will be expanded across India in phases.
- Customers can complete the process online or at an Ola Electric Store and receive fully registered vehicles in just hours.
- This industry-first initiative is made possible by leveraging AI for automation and in-house vehicle registration.
Read Full Article
2 Likes
Npengage
2w
382
Image Credit: Npengage
Mitigating Fraud at Your Not-For-Profit: Lessons Learned
- The recent webinar, Unmasking Fraud in Not-for-Profits, revealed insights on prevalent fraud categories such as phishing schemes, credit card fraud, check fraud, and cash theft.
- Phishing scams involve tactics like gift card scams, fake vendor invoices, and rerouting of customer proceeds, with key protective measures including security training and email authentication processes.
- Credit card fraud risks unauthorized personal purchases and compromised accounts, leading to suggestions like limiting the number of company credit cards and monitoring spending closely.
- Check fraud remains a threat despite decreasing paper check usage, with prevention methods like using Positive Pay and conducting timely reconciliations.
- Cash theft risks from petty cash, donations, and register skimming can be reduced by securing cash containers, conducting frequent cash counts, and ensuring multiple employees are present during cash collection.
- To protect not-for-profits, enhancing security measures, establishing clear policies, and conducting regular reconciliations are essential in mitigating fraud risks effectively.
- Early detection of fraud is crucial to minimize financial losses, and implementing safeguards like dual signatures on checks and secure cash handling procedures can strengthen fraud prevention efforts.
- By taking proactive steps outlined in the article, not-for-profit organizations can safeguard their financial resources and maintain focus on their mission-driven objectives.
Read Full Article
22 Likes
Inc42
2w
94
Image Credit: Inc42
Deeptech Is The Final Frontier For Indian Startup Ecosystem: Peak XV’s Rajan Anandan
- Deeptech is the 'final frontier' for the Indian startup ecosystem, according to Rajan Anandan, managing director of Peak XV Partners.
- India is currently leading in sectors like fintech, ecommerce, and quick commerce, but is just beginning to focus on deeptech.
- Anandan expressed confidence in India's success in deeptech, citing the country's engineering talent pool, growing economy, and favorable government policies.
- VC firm Peak XV Partners actively invests in deeptech, including semiconductor, space, battery recycling, biosciences, and AI startups.
Read Full Article
5 Likes
Medium
2w
260
9 Innovative Biotech Startups That You Must Know About In 2024
- Kriya Therapeutics is a biotech company focused on developing gene therapy treatments for obesity, diabetes, and other diseases.
- Their goal is to reduce per-dose costs and improve market delivery speed.
- Bionaut Labs is an innovative biotech startup specializing in precision-targeted medicine for brain disorders.
- They have developed remote-controlled micro-robots, called Bionauts, to transform the treatment of CNS disorders.
Read Full Article
15 Likes
Startup Pedia
2w
56
Image Credit: Startup Pedia
'It Had All The Aesthetics…None Of The Soul': Anupam Mittal Says That Ghibli Isn’t ‘Authentic’
- Shaadi.com CEO Anupam Mittal expressed his thoughts on the Ghibli trend on LinkedIn.
- Mittal mentioned that with artificial intelligence, anything can look aesthetic without being authentic.
- He emphasized the importance of creating something meaningful and authentic, rather than just focusing on aesthetics.
- LinkedIn users agreed with Mittal's perspective and supported the idea of aesthetics combined with authenticity.
Read Full Article
3 Likes
Yourstory
2w
386
Image Credit: Yourstory
Ola Electric rolls out same-day registration and delivery of two-wheelers
- Ola Electric has introduced the #HyperDelivery program for same-day registration and delivery of two-wheelers.
- The program is currently available in Bengaluru and will be scaled up across India in a phased manner.
- Customers can purchase vehicles online or at an Ola Electric store and collect fully registered vehicles in a few hours.
- Ola Electric has eliminated middlemen and implemented AI for faster and smoother registration process.
Read Full Article
23 Likes
Startupreporter
2w
82
Super Iron Foundry Ltd plans to raise up to Rs. 68.05 crore from Public Issue; IPO opens on March 11
- Super Iron Foundry Ltd plans to raise up to Rs. 68.05 crore from its SME public issue.
- The public issue opens for subscription on March 11 and closes on March 13.
- The funds raised will be used for business expansion and working capital requirements.
- Horizon Management Private Limited is the lead manager of the issue.
Read Full Article
4 Likes
Startupreporter
2w
8
Image Credit: Startupreporter
Shree Ahimsa Naturals Limited IPO Opens on 25th March, 2025
- Shree Ahimsa Naturals Limited plans to go public with an IPO on March 25, 2025, aiming to raise up to Rs. 73.81 Cr with shares to be listed on the NSE Emerge.
- The company, established in 1990, is involved in the extraction of various natural products like Caffeine, Green Coffee Bean Extracts, and Crude Caffeine.
- Their products cater to industries such as food & beverage, nutraceuticals, cosmetics, and pharmaceuticals due to their health benefits.
- They have expanded their product portfolio to include herbal extracts and started manufacturing Crude Caffeine from Tea and Coffee waste.
- Shree Ahimsa Naturals Limited operates as an Export Oriented Unit and exports its products to over 14 countries.
- The IPO consists of 62,02,800 equity shares at a price band of Rs. 113 to Rs. 119 per share, with a lot size of 1200 equity shares.
- The proceeds from the IPO will be used for setting up a manufacturing unit and for general corporate purposes.
- The market maker to the issue is Choice Equity Broking Private Limited, with Srujan Alpha Capital Advisors LLP as the book running lead manager.
- Financially, the company has shown consistent growth with total income/net profit of Rs. 58.94 cr./ Rs. 11.02 cr. (FY22), Rs. 106.14 cr./ Rs. 38.21 cr. (FY23), and Rs. 78.70 cr./ Rs. 18.67 cr. (FY24).
- For H1 of FY25, they earned a net profit of Rs. 9.74 cr. on a total income of Rs. 41.37 cr., with PAT margins ranging from 18.99% to 23.93% for different periods.
Read Full Article
Like
Startupreporter
2w
178
Image Credit: Startupreporter
Traze Expands into South Asia, Unlocks Global Trading Access for Retail Investors
- Traze, powered by Zeal Group, has expanded into South Asia to tap into the growing retail investment market in the region.
- The platform offers access to various financial instruments and account types to cater to traders of all experience levels.
- Traze's infrastructure includes MetaTrader platforms, algorithmic trading, real-time analytics, and AI-based trading signals.
- The platform emphasizes security and compliance, holding licenses from regulatory bodies across multiple jurisdictions.
- One unique feature of Traze is its ZDS Token Rewards Program, which incentivizes trading and engagement.
- The program includes features like loss protection, referral incentives, profit-based conversion, and tiered rewards.
- South Asia's retail investment market is rapidly growing, making it an attractive opportunity for platforms like Traze.
- Traze aims to localize its offerings, collaborate with regional influencers, and build partnerships in South Asian markets.
- As digital-first trading gains traction and regulations adapt, Traze is poised to bridge the gap for traditional investors.
- With a focus on compliance, accessibility, and innovation, Traze is set to become a significant player in South Asia's trading landscape.
Read Full Article
10 Likes
For uninterrupted reading, download the app