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Finnish startup Nvelop secures €1.2 million to innovate enterprise procurement with Agentic AI
- Finnish startup Nvelop has secured €1.2 million in Seed funding to develop enterprise procurement through agentic AI, led by Failup Ventures.
- The funding will allow Nvelop to focus on innovation in AI-powered procurement and creating value for customers.
- Nvelop, founded in 2024, accelerates sourcing processes, reduces costs, and ensures compliance using agentic AI.
- The company's platform covers the entire sourcing lifecycle within a single workspace for alignment and stakeholder engagement.
- Nvelop reimagines procurement by integrating agentic AI at its core, amplifying human decision-making and automating compliance tasks.
- The startup plans to capture a significant share of the global procurement software market with its innovative approach.
- Nvelop seeks to deliver faster sourcing, cost savings, regulatory assurance, and better business outcomes to its customers.
- The funding will be used to accelerate product development, expand the engineering team, and scale go-to-market efforts.
- Investors like Failup Ventures and Antler support Nvelop's vision and technological ambition in rethinking procurement.
- The company's chat-first interface enables teams to execute complex sourcing processes with simplicity.
- Nvelop's focus on improving sourcing impact through tailored solutions with organizational alignment has gained recognition.
- The startup aims to revolutionize source-to-contract workflows with AI integration and stakeholder engagement.
- The team's dedication to customer focus and innovative technologies has contributed to their fundraising success.
- Nvelop stands out for its approach of rethinking procurement processes from scratch, with AI as a core component.
- The company's aggressive plans align with the growing procurement software market expected to exceed €10 billion.
- Nvelop is well-positioned to drive industry change and deliver enhanced procurement solutions through its AI-powered platform.
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Inc42
3w
1.9k
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ArisInfra IPO: Issue Oversubscribed 2.4X On Day 3 So Far
- ArisInfra Solutions' B2B ecommerce company's IPO oversubscribed 2.44X on the final day of bidding.
- At 03:05 PM on day 3, bids were placed for 3.19 Cr shares against the 1.31 Cr shares on offer.
- Retail investors led the oversubscription, bidding 5.15X for 1.23 Cr shares against 23.79 Lakh shares.
- Non-institutional investors bid 2.78X, putting in 99.10 Lakh shares against 35.69 Lakh shares.
- Qualified institutional buyers (QIBs) saw a 1.37X oversubscription, bidding 97.50 Lakh shares against 71.37 Lakh shares.
- Foreign institutional investors (FIIs) showed strong interest in the QIB category with bids for 91.91 Lakh shares.
- Domestic financial institutions and mutual funds bid for minimal shares.
- (The story will be updated soon)
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Startup Pedia
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This engineering dropout reached out to ISRO scientists and started a space tech startup that builds satellites – now valued at Rs 100 Cr
- Manegar Sarmas Vali, inspired by revered Space scientists, founded EtherWing Aerospace in Bengaluru to innovate space technology products and services like launch vehicles, drones, spacecraft, and rockets.
- Struggling with language barriers in college, Manegar persevered, dropped out, and focused on building his startup, initially facing challenges in seeking support for cube satellites manufacturing.
- Forming a community of tech experts and meeting ISRO scientists, he established EtherWing Aerospace in 2024 with seed funding and loans, later involving retired ISRO and DRDO professionals as advisors.
- With support from the Minister of Civil Aviation and the Andhra Pradesh government, EtherWing Aerospace received projects to build commercial cube satellites, marking its growth and partnerships with aerospace firms.
- Valued at Rs 100 crore, EtherWing Aerospace focuses on space technology innovations, partnering with a Germany-based aerospace giant for electronic systems development, showcasing its growth and commitment to India's aerospace industry.
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Economic Times
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158
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Swiggy pilots travel and lifestyle concierge app Crew
- Swiggy has launched a travel and lifestyle concierge app, Crew, on a pilot basis.
- The app includes human concierges and generative artificial intelligence to assist users in trip planning.
- This move signifies Swiggy's expansion into a new business segment beyond food delivery, dining out, and other services.
- Last year, Swiggy had tested Rare Life, a personalized concierge service, but later discontinued it.
- In January, Swiggy introduced the professional services marketplace Pyng, aligning with a house of apps strategy.
- This strategy differs from the 'superapp' model and aims to offer multiple specialized apps for various services.
- Swiggy's app portfolio now includes Crew, Pyng, the main app for food delivery, quick commerce, dining out, and Scenes events platform.
- The quick commerce unit Instamart also received a dedicated app in January.
- The launch of Crew was initially reported by Entrackr.
- Swiggy recently halted its peer-to-peer parcel delivery service Genie across 70 cities.
- Additionally, Swiggy licensed its cloud kitchen brands to food service company Kouzina for business transfer upon certain conditions.
- On the stock market, Swiggy shares closed 3.1% higher at Rs 385.90 on the BSE.
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AllTopStartups
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305
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From PLT to Twitter X: Business Branding Decisions That Backfired
- A rebrand can rejuvenate a business or lead to criticism, customer confusion, and brand damage.
- Insolvency practitioners highlight rebrands like PrettyLittleThing's shift to minimalism, Jaguar Land Rover's controversial brand separation, and Twitter's unsuccessful transformation to X by Elon Musk in 2023.
- Richard Hunt from Liquidation Centre emphasizes the importance of balancing a brand's evolution with maintaining its iconic elements to avoid alienating loyal customers.
- The rebrand of Hyundai's name pronunciation in the UK in 2023 faced mixed reactions, showcasing the delicate balance required in such changes.
- Tropicana's failed packaging redesign in 2009 highlights how drastic changes can confuse customers and harm brand recognition.
- Richard Hunt advises businesses to thoroughly research, involve customers in the rebranding process, and communicate changes effectively to increase the likelihood of a successful rebrand.
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Ketto
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274
Image Credit: Ketto
Your Guide to the Best Hospitals in Gurugram
- The article provides a comprehensive guide to the best hospitals in Gurugram, India, including Max Hospital, Park Hospital, Paras Hospital, CK Birla Hospital, Fortis Memorial Research Institute, Narayana Superspeciality Hospital, Artemis Hospital, Manipal Hospital, and Medanta - The Medicity.
- Max Hospital Gurugram is known for its expertise across various specialized fields, advanced robotic surgery using the Da Vinci Xi Robotic System, and top-quality medical care.
- Park Hospital in Gurgaon offers advanced iMARS technology for minimally invasive surgeries and holds NABH accreditation for patient safety and excellent care.
- Paras Hospital in Gurgaon is a 300-bed, NABH-accredited multi-specialty hospital excelling in various specialties like Cardiac Sciences, Oncology, Neuro Sciences, Renal Sciences, and more.
- CK Birla Hospital in Gurgaon, part of the CKA Birla Group, focuses on patient involvement, features modern facilities, specialized departments, and follows international healthcare guidelines.
- Fortis Memorial Research Institute, spread across 11 acres, offers excellent medical care with 8 Centers of Excellence and advanced technology like the Da Vinci Robotic System and MR Linac.
- Narayana Superspeciality Hospital in Gurgaon, a NABH-accredited facility, excels in over 30 specialties with advanced technology like robotic surgery systems and IVUS facilities.
- Artemis Hospital, with JCI and NABH accreditation, offers top-notch medical and surgical care in specialties like Oncology, Cardiology, Orthopaedics, and more, blending affordability with excellence.
- Manipal Hospital, part of the Manipal Hospitals network, is known for its wide array of specialties, state-of-the-art technology, and compassionate approach towards patient care.
- Medanta - The Medicity, founded by Dr. Naresh Trehan, is a top private hospital excelling in Cardiology, Oncology, Neurosciences, and more, with advanced technologies and multidisciplinary care.
- The article qualifies for web story generation as it provides valuable information about the best hospitals in Gurugram and their specialized services and facilities.
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AllTopStartups
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292
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The Best Start-up City in the UK
- Flexible workspaces are essential for startups, offering adaptable environments and necessary resources.
- City identity is crucial for leveraging local culture and community connections for business success.
- BizSpace analyzed data to rank 15 UK cities based on factors like office prices and broadband speeds.
- Sheffield ranks highest for supporting startups with affordable workspaces and initiatives like the Growth Hub.
- Edinburgh offers cost-effective office solutions with a thriving business scene in finance and tech.
- Nottingham provides affordable opportunities for growth with diversified sectors and support programs.
- There is a clear demand in the UK for flexible workspaces near job markets and public transport.
- A holistic approach integrating local culture can enhance business success and economic growth.
- Methodology involved evaluating factors like office costs and job accessibility to rank cities for business suitability.
- Scores were rescaled to a 0-10 range, with Sheffield leading as the most favorable city for startups.
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SiliconCanals
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402
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Dutch-based Eneve emerges after merger of these 4 energy software firms; secures backing from Vortex Capital partners
- Four energy software firms, Energy21, Ecedo, Jules, and Gridhub, have merged to form Eneve, aiming to streamline energy value chain management.
- Eneve brings together over 25 years of experience, 130 specialists, and operates in the Netherlands, Portugal, and the UK.
- The merger integrates software platforms for energy companies to manage various operational needs efficiently.
- Eneve's software solutions cover energy purchasing, pricing, portfolio management, customer communication, and more.
- CEO Michiel Kuiper emphasizes Eneve's goal of making the energy chain future-proof amid industry shifts and regulatory changes.
- Eneve collaborates with major energy market players like AXPO, BASF, and Vattenfall across Europe.
- In the Netherlands, Eneve's software is utilized by Eneco, Essent, Engie, and others, serving millions of households and businesses.
- Teun Levering assumes the role of Managing Director Software at Eneve, overseeing product alignment and market expansion.
- Vortex Capital Partners supports Eneve's post-merger plans to enhance oversight and stability in the energy sector.
- Brief overviews of the merging companies, Energy21, Ecedo, Jules, and Gridhub, highlighting their software solutions and market focus.
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Medium
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66
Image Credit: Medium
The J-Curve Divergence: Standard VC vs. Deep Tech VC Performance
- The J-curve depicts the performance of a VC fund over time, with an initial decline followed by exponential growth from successful investments.
- Standard VC firms focus on high-growth potential ventures like software, internet, and consumer goods with faster development cycles.
- Standard VC J-curves show steeper initial declines but quicker ascents due to faster exits and shorter development cycles.
- Deep-tech VC firms invest in innovative ventures requiring significant R&D in fields like AI, biotechnology, and cleantech.
- Deep Tech J-curves have deeper initial declines and prolonged growth phases due to complexities in deep-tech ventures and breakthrough science.
- Factors beyond industry differences influence VC J-curve shapes, affecting the trajectory of returns for different types of VC firms.
- Standard VC focuses on a broader range of companies with potentially lower returns, while deep-tech VC faces higher risks but offers higher return potential.
- The evolving VC landscape, including advancements in AI and thematic VC firms, may blur the lines between standard VC and deep-tech VC.
- Understanding the J-curve differences is crucial for investors and founders in making informed decisions about capital allocation and partnership choices.
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VC Cafe
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425
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Weekly Firgun Newsletter – June 20 2025
- The newsletter talks about the concept of 'Firgun' in Israeli culture, highlighting genuine delight in others' accomplishments.
- Focus on the current situation in Israel with regards to threats from Iran and the resilience of Israeli tech startups amidst adversities.
- Updates on tech world activities such as Mark Zuckerberg's pursuits for AI talent and various product launches.
- Highlights of new funding rounds and exits in the startup ecosystem.
- Provided quotes of the week, news, and insights from the Israeli and global tech landscapes.
- Media coverage of events like the Paris Air Show, espionage tactics, and advancements in AI technology.
- Shares interesting links and discussions on various tech and startup-related topics.
- Mentions of comic relief and wishes for a peaceful weekend in Israel.
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Startup Pedia
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Telegram CEO Pavel Durov says he will leave entire $17 billion fortune to his 106 children
- Pavel Durov, founder of Telegram, reveals plans to leave his entire $17 billion fortune to his 106 children, most conceived through sperm donation.
- Durov considers all his children equal heirs, regardless of how they were conceived.
- He plans to divide his fortune among his children, amounting to approximately $131 million to $161 million per child.
- Children will not gain access to their inheritance until 30 years after an interview in June 2055.
- Durov aims for his children to grow independently and not rely on their inheritance.
- Pavel Durov is best known for founding Telegram, a popular messaging platform with over a billion users.
- He leads a minimalist lifestyle and follows a strict routine of exercise and abstinence from alcohol, coffee, and tea.
- Durov faces criminal charges in France but denies accusations of failing to moderate Telegram effectively.
- He believes that just because criminals use Telegram, it doesn't make the operators criminals.
- Telegram CEO denies any wrongdoing regarding drug trafficking, child sexual abuse content, and fraud.
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Dev
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212
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Why UX is Part of Your Brand ?(And How to Get It Right)
- User Experience (UX) is a fundamental part of branding, shaping how users perceive a company's reliability, thoughtfulness, and modernity.
- Tech brands, especially SaaS companies, rely heavily on UX for onboarding, retention, and brand advocacy, as it is not just a layer but the essence of the brand.
- UX plays a crucial role in maintaining visual consistency and upholding brand values through good design practices such as visual hierarchy, accessibility, and responsiveness.
- Marketing strategies should seamlessly integrate UX principles to ensure a cohesive user journey, speed optimization, personalization, CRO, and consistent branding across touchpoints.
- To get UX right for a brand, conducting user research, establishing a design system, continuous testing, cross-team collaboration, and data-driven iteration are essential steps.
- An example like Slack demonstrates how thoughtful UX design can reflect a brand's values and enhance user experience, leading to brand loyalty.
- In the tech industry, UX is not just about what is said but how users experience a product, influencing trust, satisfaction, and advocacy.
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Inc42
3w
874
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Delhivery Enters Hyperlocal Logistics With Delhivery Direct
- Delhivery has entered the hyperlocal logistics market with a new app called Delhivery Direct, offering on-demand transportation and delivery services for businesses and individuals.
- Delhivery Direct provides quick pickups within 15 minutes of booking using two-wheelers for parcels and larger vehicles for bigger consignments.
- The app is available on Google Play and Apple App stores, allowing customers to book intracity orders on-demand and ship intercity shipments across India.
- Delhivery MD and CEO announced the pilot phase in Ahmedabad and plans to launch in Delhi, Bengaluru, and Mumbai soon.
- The company has fully launched Delhivery Direct in NCR and Bengaluru, with plans to expand to other key metros, offering fast, affordable, and reliable logistics solutions.
- Delhivery reported growth in its partial truck load (PTL) service in Q4 FY25 alongside the launch of Delhivery Direct.
- The company closed FY25 with profits in all quarters, reporting net profit of INR 72.6 Cr in Q4 FY25.
- Delhivery's entry into hyperlocal logistics coincides with a surge of interest from other players like Uber and Shiprocket in the space.
- Uber recently expanded its courier service in India with Courier XL for large goods delivery, while Shiprocket introduced 'Quick' for same-day shipping for SMEs.
- Delhivery's move follows its acquisition of Ecom Express, which was approved by CCI for about INR 1,407 Cr.
- Shares of Delhivery were trading at INR 357.45, up 0.72% at the time of publishing.
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Eu-Startups
3w
363
Finnish startup Hailia raises €1.75 million to transform underutilised fish materials into new seafood dishes
- Finnish FoodTech startup Hailia secures €1.75 million funding to convert sidestreams from fish processing into consumer-ready seafood products.
- The investment round involves new investors Holdix and Ikorni Invest, as well as a syndicate of existing and new investors.
- Hailia forms strategic partnerships with Finnish seafood processor Kalavapriikki and Danish engineering company Dana Technology to expand its technology internationally.
- CEO Michaela Lindström emphasizes the growing industry interest in utilizing sidestreams for human consumption.
- Hailia Nordic Oy focuses on efficient seafood processing technologies and aims to enhance resource efficiency in the seafood sector.
- The company offers innovative seafood products and licenses its technology to global fish processing companies.
- Hailia's partnership with Kalavapriikki has led to the release of new seafood products like 'pulled rainbow trout' and collaboration with food service providers.
- Hailia holds exclusive rights to employ the technology in seafood applications and is in talks with global fish producers for technology licensing.
- Kalavapriikki CEO, Jari Korhonen, lauds Hailia's technology for enhancing production efficiency, reducing waste, and creating new consumer products.
- With rising seafood consumption, Hailia aims to contribute to a sustainable food system by utilizing fish sidestreams for human consumption.
- The company's licensing model allows fish processors to integrate their technology for increased resource efficiency and new product development.
- Hailia collaborates with Dana Technology to expand globally and continue technological advancements for the seafood industry.
- The seafood industry's need for low-carbon protein sources amplifies the importance of maximizing fish utilization, as highlighted by Hailia's initiatives.
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Medium
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57
Image Credit: Medium
Contribution 04 — Design support for portfolio firms development
- Supporting portfolio companies' growth in venture capital involves developing design processes and capabilities for better impact and business results.
- Investment management is crucial in VC for early-stage companies to scale quickly and succeed.
- Impact VC focuses on balancing profit and impact returns, often helping companies refine their business models for impact.
- Designers in VC assist companies in building internal design capabilities rather than doing hands-on design work.
- Design in VC emphasizes fostering design capability within companies to align with their mission, vision, and values.
- Designers collaborate with startups in defining product-user fit and creating impactful experiences for users.
- In impact-driven organizations, designers leverage user research and prototyping to create impactful products and services.
- Building design capacity is critical for sustainable value creation and business success.
- Designers in impact VC must be experts in their field, able to tailor design support to each organization's needs and resources.
- Juxtapose, an investment firm, integrates design processes to enhance business value and support portfolio companies' growth.
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