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Startup News
Pymnts
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Actively AI Raises $22 Million to Improve on ‘Failed’ AI Sales Reps
- Actively AI has raised $22.5 million to develop its AI-powered sales reps.
- The company focuses on building custom "reasoning" models to identify high-value prospects.
- The reasoning models mimic human logic and problem-solving, offering a new approach to AI sales.
- Actively AI combines in-house models with popular reasoning models from OpenAI and Anthropic.
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TechCrunch
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295
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Startup Battlefield winner Salva Health is changing the game in breast cancer detection
- Salva Health, the winner of TechCrunch's Startup Battlefield, is revolutionizing early breast cancer detection.
- The company's flagship product, Julieta, makes breast cancer detection more accessible and efficient in remote locations.
- Salva Health's hardware-as-a-service model positively impacts rural healthcare and expansion plans include exploring other medical conditions.
- Valentina Agudelo, the co-founder and CEO, discusses the challenges of funding female-led startups and shares tips for future competitors.
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Medium
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69
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Best Video Production in Pune: Lights, Camera, CineFunk!
- CineFunk Studios is a top video production company in Pune, offering professional and creative services.
- They specialize in creating sleek and successful commercials, corporate videos, and music videos.
- CineFunk Studios also excels in producing engaging social media content, high-quality ads, and capturing memorable moments at various events.
- With their mix of creativity, technical expertise, and storytelling magic, CineFunk Studios ensures that your videos stand out and shine.
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Inc42
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352
Image Credit: Inc42
UPI Suffers Second Outage In A Week
- In the second major outage in less than a week, the Unified Payments Interface (UPI) experienced issues affecting several users across the country.
- During the outage, more than 534 reports were received regarding problems with the UPI payment infrastructure, with users facing difficulties making payments on third-party platforms.
- The National Payments Corporation of India (NPCI) confirmed the outage and attributed it to increased latency in the UPI network, assuring that they have been working with partner banks to address the problem.
- This marks the fifth major outage for UPI in the past year, with previous instances being caused by intermittent technical issues, technical issues on the side of partner banks, and a ransomware attack on a technology service provider for banks.
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Inc42
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308
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Meesho Cofounders Exercise ESOPs Ahead Of IPO
- Meesho cofounders, Vidit Aatrey and Sanjeev Barnwal, have exercised a significant number of employee stock options.
- Meesho's board allotted 20,65,211 equity shares to Aatrey and 6,59,323 shares to Barnwal under the Fashnear Technologies Private Limited ESOP 2024 Plan.
- Meesho had previously announced an ESOP buyback programme worth INR 200 Cr benefiting nearly 1,700 former and current employees.
- Meesho, targeting customers in Tier-II, III, and beyond cities, is planning to raise $1 Bn through its IPO with the help of advisers like Morgan Stanley, Kotak Mahindra Capital, and Citi.
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ISN
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139
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ELIVAAS to cross 500+ properties within first 2 years of its debut
- ELIVAAS plans to surpass 500 properties by Q2 and expand to 1,000+ properties soon.
- The luxury villa rental brand is making its international debut by the end of the year.
- ELIVAAS currently operates over 400 properties in India's popular destinations.
- The brand focuses on curating immersive, high-quality travel experiences blended with culture and comfort.
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Medium
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317
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How to Build a Simple Educational Funnel Using Your Personal Brand
- A funnel is a process that leads someone toward a sale by offering increasingly expensive products.
- To create an Educational Funnel with your personal brand, you need to attract customers, filter serious prospects, and sell your highest ticket offer.
- The 3-step Educational Funnel consists of starting with a value-packed newsletter, introducing a high-ticket offer through email education, and offering a downsell for those not ready for the high-ticket option.
- By educating, building trust, and letting the funnel do the selling, this system avoids feeling overly salesy and instead focuses on providing value and meeting customer needs.
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The Pragmatic Engineer
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60
Image Credit: The Pragmatic Engineer
Stacked diffs and tooling at Meta with Tomas Reimers
- Meta built its own internal developer tooling instead of using industry-standard solutions like GitHub.
- Tomas Reimers, former Meta engineer and co-founder of Graphite, discusses Meta's custom developer tools.
- Phababricator, Sandcastle, and Butterflybot are some of Meta's internal tools that enhanced developer productivity.
- Meta's use of stacked diffs and monorepos became best practices, influencing the industry.
- Code reviews and testing are gaining importance as AI transforms software development.
- Meta's custom tools aimed for seamless integration across the developer workflow and task management.
- Stacked diffs involve developers creating a series of dependent changes to minimize wait times and improve review efficiency.
- Meta adopted a monorepo strategy to simplify collaboration and dependency management.
- AI tools are expected to increase code generation speed, emphasizing quality in code review and testing.
- Engineering metrics like pull request numbers and review time are essential for team performance evaluation.
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Yourstory
2w
256
Image Credit: Yourstory
Karnataka HC puts the brakes on bike taxis in the state
- The Karnataka High Court has ordered bike taxi platforms to halt their operations in the state within the next six weeks.
- The order rejects petitions filed by Rapido, Uber, and Ola.
- Bike taxi operators have faced legal issues with the state government and unions before.
- The issue of onboarding two-wheelers with white number plates onto platforms for commercial use remains a point of contention.
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Economic Times
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295
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Flipkart Internet receives Rs 3,249 crore infusion from Singapore parent
- Flipkart Internet, the marketplace arm of Walmart-owned Flipkart, has received Rs 3,248.9 crore in internal funding from its Singapore-based parent entity.
- The funding was raised through a rights issue, with 470,772 equity shares issued at Rs 69,013.7 per share.
- In the fiscal year 2024, Flipkart Internet reported a YoY revenue increase of 21% to Rs 17,907.3 crore, with losses narrowing by 41% to Rs 2,358 crore.
- Flipkart is preparing for an IPO in India within the next 12-15 months and has entered the quick commerce segment with its 'Minutes' service.
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Eu-Startups
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8
Lumai secures more than €9.2 million to slash AI processing costs and boost performance
- Oxford-based startup Lumai has secured more than €9.2 million to reduce AI processing costs and enhance performance.
- The funding round was led by Constructor Capital and included participation from existing and new investors.
- Lumai will use the investment to support product development, expand its team, and establish a stronger presence in the US.
- Lumai's optical computing technology aims to overcome scalability challenges and significantly reduce power consumption for AI data centres.
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ISN
2w
30
Image Credit: ISN
UPI transactions touch a record high of Rs 24.77 lakh crore in March 2025
- India's UPI transactions reached a record high of Rs 24.77 lakh crore in March 2025, highlighting the surging popularity of digital payments.
- The transaction volume of UPI stood at around 18.3 billion to 19.78 billion, representing a significant increase from the previous month.
- On a daily average, UPI processed more than 590 million transactions worth approximately Rs 79,910 crore, showcasing its capacity and users' growing trust.
- For the financial year 2024-25, UPI's total transaction value reached Rs 260.56 lakh crore, with a 30% year-on-year rise, driven by merchant acceptance and government promotion.
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Yourstory
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409
Image Credit: Yourstory
White-collar hiring in March dips marginally by 1.4%: Naukri.com report
- Hiring trends in India's white-collar job market dipped marginally by 1.4 % in March compared to last year.
- Recruitment declined in the retail, oil and gas, education, and IT sectors.
- However, the emerging tech sub-sector under IT, including crypto and blockchain, witnessed a growth of 36%.
- Chennai emerged as the leading city in unicorn hiring, followed by Delhi NCR and Hyderabad.
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Economic Times
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383
Image Credit: Economic Times
AI assistant startup FurtherAI raises $5 million in round led by Nexus Venture Partners
- FurtherAI, an AI assistant startup for insurance automation, has raised $5 million in a seed funding round led by Nexus Venture Partners.
- The funds will be used to expand the AI team, drive industry engagement, and enhance product capabilities.
- The San Francisco-based startup automates complex document processing and improves underwriting, compliance, and claims processing.
- FurtherAI is expanding into the UK, where insurers are accelerating AI adoption for underwriting and claims processing.
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TechCrunch
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156
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Khosla’s Keith Rabois leads $11.5M Series A for startup Roam, calls it ‘the future of the housing market’
- Roam is a startup aiming to provide access to homes with assumable mortgages, helping buyers save on high mortgage rates.
- Founded in September 2023 by CEO Raunaq Singh, Roam facilitated $200 million worth of home sales in 2024.
- Roam charges buyers 1% of the purchase price and aims to save buyers up to 50% on monthly payments.
- The startup currently operates in 17 states and plans to be nationwide by the end of the year.
- Keith Rabois of Khosla Ventures believes Roam is the 'future of the housing market' and led an $11.5 million Series A funding.
- Roam aims to address the affordable housing crisis by reducing buyers' monthly payments and bringing sellers with low-rate mortgages to the market.
- The startup raised a total of about $16 million across three rounds, with participation from Keith Rabois and Founders Fund.
- Roam speeds up the process of becoming a homeowner, aiming to close assumable mortgages in 45 days compared to the typical 180 days.
- Roam has 12 employees and plans to continue growing while focusing on revenue growth.
- The opportunity for Roam lies in the $1.4 trillion of fully assumable FHA/VA mortgages originated in 2020 and 2021.
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