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Startup Pedia

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18-YO Millionaire CEO With $30M Startup, 4.0 GPA Rejected From Harvard, Yale, Stanford

  • Zach Yadegari, the 18-year-old CEO of Cal AI, a $30 million startup, has been rejected by several Ivy League colleges despite having a 4.0 GPA and a high-revenue tech company.
  • Yadegari was rejected by Harvard, Yale, and Stanford, among other prestigious schools, but accepted by Georgia Tech, the University of Texas, and the University of Miami.
  • Many professionals, including Reddit co-founder Alexis Ohanian, expressed surprise at Yadegari's rejections.
  • The young CEO shared his college essay online, discussing his accomplishments and decision to skip traditional high school to build his startup.

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Inc42

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Reliance Signs JV With BLAST To Enter Esports Business

  • Reliance-owned sports tech platform RISE Worldwide forms a joint venture with BLAST to enter the esports business.
  • The joint venture aims to co-create esports tournaments for Indian users and offers services such as tournament management, marketing, production, and broadcasting.
  • The partnership will leverage BLAST's esports properties, production expertise, and game publisher relationships.
  • The JV will tap into the growing Indian gaming market, which generated $3.8 billion in revenue in the fiscal year 2023-24.

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Yourstory

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Rajasthan Budget 2025-26: Govt Seeks Citizen Suggestions Ahead of Key Policy Decisions

  • The Rajasthan state government has launched an initiative to seek citizen suggestions and feedback for the upcoming state budget.
  • The Finance Department organized this initiative during the Jaipur Literature Festival to ensure policies align with people's aspirations.
  • The government implemented multi-channel feedback collection methods, including interviews, drop box feedback stations, and QR code submissions.
  • Key insights from the citizen feedback highlight the need for better infrastructure, improved governance, increased employment opportunities, and sustainable environmental policies.

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Yourstory

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Rajasthan Budget 2025-26: Citizens’ Aspirations on Infrastructure, Industrial Growth, and Jobs

  • The Finance Department of the Rajasthan Government invited citizens to share their suggestions and feedback for the State Budget 2025-26.
  • Some of the major aspirations from the citizens include increased budget allocation for road repairs and connectivity in smaller cities, establishment of industrial corridors in smaller towns, promotion of heritage sites for tourism revenue, strengthening groundwater conservation policies, and more.
  • The budget recommendations also focus on improving healthcare infrastructure, road safety measures, social security for the elderly and differently-abled individuals, good governance through digital platforms, and agricultural development.
  • Despite the progress made by the Rajasthan Government in various sectors, the public feedback highlights the need for inclusive economic policies, gender equality, healthcare improvements, and increased support for agriculture.

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Yourstory

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Rajasthan Budget 2024: Analysis and Impact – Boosting Economic Reforms, Development, and Entrepreneurship

  • The Rajasthan Government's annual budget for 2024 aimed to accelerate economic reforms, job creation, and rural development.
  • Key announcements included the Atal Entrepreneurship Programme, i-Start Fund, AVGC-XR Policy, and Business Innovation Programme.
  • Other notable highlights of the budget were tax reforms, infrastructure development, and social welfare and inclusion measures.
  • If implemented effectively, these initiatives are expected to contribute towards economic growth and inclusive development in Rajasthan.

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Yourstory

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Rajasthan Budget 2025-26: Expectations from Women, Students, Youth, and Female Entrepreneurs

  • The Rajasthan government is preparing to present its upcoming budget with the theme of 'Viksit Rajasthan' (Developed Rajasthan) at the forefront.
  • Women expect schemes to strengthen economic independence and empowerment, tailored subsidies and financial incentives for businesswomen, and improved healthcare funding and infrastructure.
  • Students and youth expect more investment in education, scholarships, technical training, and digital education, as well as increased awareness and accessibility of government schemes.
  • Female entrepreneurs expect easier access to funding, subsidies, simpler compliance, urban women-friendly Ease of Doing Business reforms, and support for R&D, manufacturing, and organic product development.

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ISN

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Uber launches 'Uber for Teens' in 37 cities to offer safe rides for 13-to 17-year-olds

  • Uber has launched 'Uber for Teens' in 37 cities to provide safe rides for 13 to 17-year-olds.
  • The service operates under strict safety measures including GPS tracking, real-time ride monitoring, and an in-app emergency button.
  • Parents receive notifications and can monitor trips using their Uber app, ensuring a sense of control and awareness.
  • A survey conducted by Uber indicated strong demand, with 93% of parents willing to use a dedicated ridesharing service for their teenage children.

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Yourstory

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Smartphones & Young Minds: Are We Scrolling Away Childhood?

  • Smartphones have transformed childhood, impacting mental health in both positive and negative ways.
  • Excessive social media use among teens correlates strongly with spikes in anxiety, depression, and loneliness.
  • Moderate smartphone use can benefit children, aiding social connectivity and boosting self-esteem.
  • Negative effects include disrupted sleep, attention deficit issues, and excessive online presence.

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Economic Times

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Startups in non-metros see value in digital marketing; aim to compete with bigger markets

  • Demand for digital marketing professionals is surging in non-metro cities as startups recognize the need for digital marketing to scale and reach a wider customer base.
  • Affordability, talent availability, and improved internet connectivity are driving the trend, with cities like Jaipur, Indore, Coimbatore, and Kochi leading the charge.
  • Many professionals are opting for freelance careers or boutique agencies, providing cost-effective, personalized solutions to startups.
  • The job market in non-metro cities is witnessing changes with venture capital investments and more digital marketing job postings in cities like Jaipur, Kochi, and Coimbatore.

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Yourstory

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Build your own brand: Bayer South Asia’s Rachana Panda on leadership, branding, and breaking barriers

  • Establishing a strong brand is crucial for success in corporate life, and Bayer's Rachana Panda emphasizes the need to find what sets you apart and build on your strengths.
  • Panda highlights the importance of self-awareness and doubling down on strengths, stating that every individual has a unique selling point.
  • In navigating a male-dominated corporate world, Panda advises women to have knowledge, confidence, and the ability to stand up for themselves.
  • She emphasizes the significance of encouragement from home and role modeling in creating a safe and supportive environment for young women.

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Inc42

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Advantage Tesla? India To Cut EV Tariffs To Secure US Trade Deal

  • India has agreed to "significantly" cut tariffs on import of electric vehicles (EVs) as part of its trade deal negotiations with the US.
  • The move aims to remove hindrances for Tesla's entry into the Indian market.
  • However, the reduction in tariffs may not be sufficient for Tesla to compete in India's price-sensitive market.
  • Indian domestic automakers are pushing for the government to delay any cut on EV tariffs, at least until 2029.

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Eu-Startups

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FinTech startup Wealthyhood lands €3.6 million investment to expand to Greece

  • London-based FinTech startup Wealthyhood has raised €3.6 million in a strategic funding round.
  • The investment from Global Wealth Group PLC will support Wealthyhood's expansion into Greece and other European markets.
  • Wealthyhood offers a mobile app focused on education, saving, investing, and automation.
  • The company plans to enhance its platform's technology, integrate AI features, and provide B2B services to banks and financial institutions.

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ISN

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Wavemaker Impact launches Nūl with a $500,000 investment to tackle fashion overproduction

  • Wavemaker Impact has launched Nūl Global Technologies, an AI-driven climate tech startup, with a $500,000 investment.
  • The startup aims to reduce overproduction and improve inventory management for fashion brands through advanced AI technology.
  • Nūl enables companies to forecast demand accurately, plan production effectively, and optimize inventory allocation across channels.
  • The startup is currently piloting its solution in Southeast Asia and plans to enhance its pilot projects and expand partnerships globally.

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TechCrunch

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Actively AI raises $22.5M to offer sales ‘superintelligence,’ says AI SDRs failed

  • AI sales rep startups are a crowded market, but Actively AI offers a different approach.
  • Actively AI builds custom 'reasoning' models to find high-value prospects for companies.
  • The startup has raised $22.5 million in funding and claims success in helping clients generate extra revenue.
  • Actively AI uses a combination of in-house models and popular reasoning models to power its technology.

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Startup Story

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Shark Tank Fame InnerGize Secures INR 4.5 Cr Funding to Revolutionize Mental Health Tech

  • Direct-to-consumer mental healthtech startup InnerGize raises INR 4.5 Cr in pre-seed funding.
  • The funding round is led by global venture capital firm Antler and includes participation from prominent angel investors.
  • InnerGize plans to utilize the funds for manufacturing, clinical trials, R&D, and product launch in April 2025.
  • InnerGize's flagship product, InnerGize Gen 1, is a wearable device designed to tackle stress and anxiety through Neuroacoustic Vagal Modulation technology.

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