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VIE Stories

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Ex-Titan Capital Partner Bipin Shah Announces VC Firm Zeropearl

  • Former Titan Capital Partner, Bipin Shah, has launched a micro-VC firm called Zeropearl.
  • Zeropearl will focus on supporting startups at the friends & family or pre-seed stage.
  • The firm leans towards the SaaS/GenAI and consumer sectors, making 12-15 investments annually.
  • Zeropearl actively supports its portfolio businesses and aims to own 8% of each business.

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Medium

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Frederick Terman: The Father of Silicon Valley

  • Frederick Terman was a professor of electrical engineering and a leading expert in radio engineering.
  • During World War II, Terman contributed to military radar and communications development.
  • Terman promoted collaboration between academia and industry, leading to the establishment of Stanford Industrial Park.
  • Terman mentored Bill Hewlett and Dave Packard, who founded Hewlett-Packard (HP) in Palo Alto, the birthplace of Silicon Valley.

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Medium

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The Ultimate Guide to Building a Strong Personal Brand as an Entrepreneur

  • Personal branding is about presenting yourself in a way that highlights your unique skills and values.
  • It builds trust, enhances visibility, and attracts opportunities.
  • Pinpoint your unique value proposition and create a brand story that resonates.
  • Focus on consistent visual and messaging, engage on social media, network, and create valuable content.

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Medium

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How to Measure PR Success Beyond Media Mentions

  • Measuring PR success goes beyond media mentions and headlines.
  • Meaningful engagement, trust-building, and long-term impact are key factors.
  • Consider social media engagement, website traffic, and behavior metrics for measurement.
  • Building trust, positive sentiment, and contributing to lead generation are important aspects to track.

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VIE Stories

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Auquan Secures Additional $4.5 Mn in Seed Funding

  • AI fintech startup Auquan has raised an additional $4.5 million in seed funding.
  • Peak XV's Surge and Neotribe Ventures participated in the investment round.
  • The funding will be used to grow the engineering team and develop AI agent architecture and Retrieval-Augmented Generation (RAG).
  • Auquan's Intelligence Engine utilizes RAG AI to uncover hidden financial insights.

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Inc42

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Zaggle Allots 2.29 Lakh Equity Shares Under ESOP Plan

  • Fintech SaaS startup Zaggle has alloted nearly 2.29 Lakh equity shares under its Employee Stock Option Scheme (ESOP) 2022.
  • The company set the exercise price at INR 1 for 1,28,600 equity shares and INR 164 for 1,00,534 equity shares.
  • After the allotment, the issued, subscribed and paid-up equity share capital of the company increased from INR 12,26,06,799 to INR 12,28,35,933.
  • Zaggle offers spend management solutions for businesses and other SaaS tools such as expenses, payments, and rewards management software.

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Inc42

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Country Delight Closes INR 200 Cr Debt Round From Alteria Capital

  • Dairy tech startup Country Delight has raised INR 200 Cr in a debt funding round from Alteria Capital.
  • The funding will be utilized for expansion plans, capacity scaling, and marketing initiatives.
  • Country Delight operates on a subscription-based model, delivering milk and daily essentials directly from farmers to consumers.
  • Alteria Capital is a venture debt company with over INR 4,400 Cr in assets under management.

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Inc42

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Whatfix’s Revenue Jumps 49%, Crosses INR 400 Cr Mark

  • Bengaluru-based SaaS startup Whatfix's operating revenue crossed the INR 400 Cr mark, with a 49% increase in revenue from operations in FY24.
  • The startup primarily earns revenue by selling subscriptions and professional services to enterprises, including onboarding, training, and user support solutions.
  • Total revenue, including other income, reached INR 445.3 Cr, while net loss was reduced by 20% to INR 263 Cr.
  • The US accounted for 75% of Whatfix's total revenue, with the flagship product, Whatfix Digital Adoption Platform, contributing 84% of revenue.

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Economic Times

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Mygate boosts revenue by 35% and cuts losses by 82% in FY24

  • Mygate, the housing society management app, reported a 35% increase in operating revenue to Rs 96 crore in FY24.
  • The company's consolidated net loss narrowed by 82% to Rs 40 crore.
  • Total expenses reduced by 51% to Rs 149 crore, mainly driven by lower employee benefits and other expenses.
  • Mygate has over 4 million users across 25,000 housing societies and aims for profitability in FY25.

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Yourstory

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HDB Financial Services files draft papers with Sebi for Rs 12,500-cr IPO

  • HDB Financial Services, a subsidiary of HDFC Bank, has filed preliminary papers with Sebi for a Rs 12,500 crore IPO.
  • The IPO will consist of a fresh issue of equity shares worth Rs 2,500 crore and an Offer-for-Sale (OFS) of Rs 10,000 crore by HDFC Bank.
  • The proceeds from the IPO will be used to strengthen the Tier-I capital base and support future lending for business growth.
  • HDB Financial Services will continue as a subsidiary of HDFC Bank after the IPO.

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TechCrunch

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MealMe, the startup integrating food ordering tech into apps, picks up $8M

  • MealMe, a startup integrating food and retail ordering into consumer apps, has raised $8 million in Series A funding.
  • The company has transitioned to a B2B model, offering its API for businesses to integrate ordering technology into their applications and websites.
  • MealMe's API provides inventory data on over 1 billion products from 1.2 million stores and serves more than 100 customers.
  • The funding will be used to strengthen marketing efforts, grow the team, and expand into other areas such as broader e-commerce and AI.

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TechCrunch

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Buddy.ai is using AI and gaming to help children learn English as a second language

  • Buddy.ai is an animated, multimodal, conversational character tutor designed to help children learn English as a second language.
  • The idea for Buddy.ai came when the founder's daughter struggled with an online tutor who read scripted answers.
  • The company faced challenges in navigating regulations and training the AI to understand children's voices in different languages.
  • Buddy.ai recently raised an $11 million seed round and plans to invest in product development and expanding language options.

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Medium

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History Of Chatgpt

  • The first gasoline-powered motorcycle was created in 1885 by German inventors Gottlieb Daimler and Wilhelm Maybach.
  • Harley-Davidson, founded in 1903, introduced motorcycles with engines powerful enough for longer rides.
  • In the 1920s and 1930s, motorcycles developed into heavier and more durable machines, designed for diverse terrain and long distances.
  • The 1950s and 1960s marked the golden age of motorcycles, as heavy bikes became symbols of freedom and adventure.
  • The 1970s brought transformative changes to the motorcycle industry as Japanese manufacturers began producing powerful, affordable heavy bikes.
  • The 1990s saw the rise of specialized heavy bikes, particularly sport bikes and touring bikes.
  • Adventure motorcycles, designed to handle on- and off-road conditions, became popular in the 2000s.
  • Electric motorcycles, led by brands like Zero Motorcycles and Harley-Davidson’s LiveWire, marked a new frontier in the 2010s.
  • Today, heavy bikes feature advancements in technology and design, including features such as traction control and anti-lock brakes
  • The legacy of heavy bikes is already established, securing a special place in history as powerful machines that blend engineering with the timeless appeal of the open road.

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Inc42

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Can AGNIT’s GaN Wafers Become India’s Edge In The Global Chip Market?

  • Semiconductor manufacturing capabilities in India may lag behind, but GaN technology is a top priority for R&D to position the country as a global hub and lead innovation in the automotive and mobility sectors.
  • AGNIT Semiconductors, India’s first start-up focused on developing GaN-based wafers, is building wafers on silicon carbide, primarily catering to RF applications and not the power electronics market.
  • AGNIT is currently focussed on two aspects of its semiconductor and electronics manufacturing ecosystem - developing and selling its GaN wafers to semiconductor fabs and selling the discrete RF power transistors built on the wafers.
  • AGNIT is leveraging its technological know-how and existing capabilities to build 4-inch wafers on silicon carbide, which is more expensive than building larger GaN wafers on silicon.
  • The start-up aims to foray into the power electronics market gradually after establishing itself in its primary focus market.
  • AGNIT forges ahead with the focus on a superior platform on which to grow gallium nitride material of superior quality, while keeping an eye on a global market which includes competing with other start-ups on GaN in India, fabless design firms.
  • Although GaN-based semiconductors have been in use since the 1990s, primarily in LEDs, this advancement in larger wafer technology could bring increased capability and cost efficiency to the industry.
  • AGNIT is set to capture a growing market for gallium nitride semiconductor devices expected to cross $2Bn by 2030, particularly focusing on applications in defence and strategic sectors such as radar and electronic warfare.
  • GEECI’s support enabled AGNIT to avoid building its own foundry, however, the limitations mean that building 12-inch wafers needs to be figured out.
  • AGNIT’s founders are also looking to enable Indian semiconductor designers and fabless startups, which are currently dependent on companies outside of the country, by giving them the option to work through AGNIT and become self-sufficient.

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SiliconCanals

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Women at the Helm: 8 Spanish startup and scaleups thriving under female leadership

  • Female founders of Spain are driving the growth of startups belonging to various sectors and redefining the Spanish entrepreneurial ecosystem.
  • Founderz is a decentralised education platform based in Barcelona that offers online short courses, particularly in the fields of artificial intelligence (AI) and innovation.
  • LactApp Women Health is headquartered in Barcelona and is the first digital lactation consultant, offering new mothers personalised, expert advice on breastfeeding and maternity through AI.
  • Uttopy, a Barcelona-based startup founded by Cristina Fernandez Romero and Ines Echevarria, aims to create a community dedicated to making a larger impact over time by encouraging small, meaningful micro-activisms.
  • Moonai App is headquartered in Barcelona, and the app is dedicated to managing period pain through personalised music therapy.
  • Nora Real Food, based in Barcelona, provides customers with balanced meals made from seasonal ingredients, emphasising the significance of nutrition and environmental responsibility.
  • LetMePark, headquartered in Madrid, offers a voice-powered virtual parking service, allowing users to park their vehicles using voice commands.
  • Odders Lab is an innovative Madrid-based firm specialising in developing cutting-edge products across various fields, including the Internet of Things (IoT), voice assistants, and virtual reality (VR).
  • MYHIXEL is a pioneering brand that focuses on male sexual health by offering innovative, technology-driven, and clinically validated solutions designed to enhance men’s sexual experiences.

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