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Startup News
Medium
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The Silent Killer of Startups: Why Teams Implode Before Products Fail
- Startups often fail not due to lack of potential, but because founding teams implode before products fail.
- The most devastating failures begin within the founding team itself, due to vision misalignment being the primary reason for team failures.
- Vision misalignment leads to founders having fundamentally different views on what success looks like, creating destructive friction over time.
- Commitment asymmetry, where team members have different levels of dedication, can lead to resentment and erode trust.
- Team chemistry, compatibility in personalities, and mutual respect are vital for a strong founding team to succeed.
- Decision paralysis, skills gaps, accountability avoidance, and resistance to adaptation are common team-related issues that contribute to startup failure.
- Intentional team building from day one is crucial to prevent team-related failures in startups.
- Addressing vision alignment, commitment clarity, and team chemistry before significant development can increase the chances of startup success.
- A strong startup is built not just on great ideas but on great teams with alignment, commitment, and chemistry to bring those ideas to life.
- Investing in team cohesion early on is essential, as the success of a startup heavily relies on a unified founding team working towards a common goal.
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Gritdaily
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431
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Sustainable Holiday Tips: Reducing Waste During the Festive Season
- Explore sustainable holiday practices to reduce waste and cherish the festive season without harming the environment.
- Repurpose tree debris into mulch and firewood to avoid landfill waste and enhance soil health, showcasing the importance of sustainability in tree care.
- Utilize grocery paper bags for creative gift wrapping, promoting eco-friendly traditions and reducing paper wastage effectively.
- Organize giving circles that prioritize community and sustainability over material gifts, fostering a spirit of positive impact and environmental consciousness.
- Shift the focus towards gifting experiences rather than material items to create lasting memories and minimize packaging waste during the holidays.
- Rethink traditional gifting, decorations, and waste management strategies to make informed choices that reduce environmental impact and promote sustainability.
- Opt for energy-efficient and renewable decorations such as LED lights and solar-powered ornaments to decrease energy consumption and highlight sustainable holiday practices.
- Encourage sharing and borrowing holiday items within the community to minimize overproduction, foster a sense of community, and reduce environmental strain.
- Embrace sustainable gift wrapping options like fabric wraps, reusable bags, or repurposed newspapers to add a personal touch while reducing paper waste.
- Repurpose and upcycle holiday decorations to reduce waste, save money, and infuse creativity into festive celebrations, emphasizing sustainability and style.
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Eu-Startups
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Growth investor Revaia closes ‘Revaia Growth II’ fund at €250 million
- Paris-based Revaia has closed its second fund, 'Revaia Growth II', with €250 million in investments.
- The final closing of the fund brings Revaia's total assets under management to €600 million.
- Bpifrance and the European Investment Fund (EIF) are joined by nine new institutional LPs, including BNP Paribas Cardif and JP MorganChase.
- Revaia aims to be the partner of choice for Europe's next tech champions, providing capital and operational expertise for growth.
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Gritdaily
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135
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Creating a Warm Welcome: Effective Welcome Email Examples
- This article explores the art of creating effective welcome emails that engage subscribers from the start, with a focus on personalization and subscriber experience.
- Key strategies include personalizing emails with the subscriber's name, understanding client goals, highlighting why they signed up, and utilizing data-driven methodologies.
- Experts recommend opening with a conversation, tailoring content based on interests, delivering immediate value, and introducing the team behind the brand.
- Successful welcome emails focus on engaging subscribers through personalization, offering valuable resources, and setting clear expectations for future communication.
- Personalized approaches, immediate value delivery, and a human touch in communication are highlighted as effective methods to create engaging welcome emails.
- Ultimately, making the subscriber feel valued, addressing their specific interests, and building trust through personalized content are key components of a successful welcome email.
- Crafting tailored and engaging emails, fostering conversations, and delivering relevant content contribute to a warm and welcoming subscriber experience.
- By focusing on personalization, immediate value delivery, and a human approach, welcome emails can effectively engage subscribers and lay the groundwork for long-term relationships.
- Ensuring emails feel personal, delivering value upfront, and showcasing the human element behind the brand are essential for creating effective welcome email campaigns.
- Personalized greetings, tailored content, and establishing a two-way conversation set the tone for a positive subscriber experience in welcome email series.
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Gritdaily
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Negotiating with Suppliers: Tips from Seasoned Entrepreneurs
- Experienced entrepreneurs share tips on successful supplier negotiations, emphasizing the importance of data-backed anchors to frame discussions effectively and secure better terms.
- Building relationships before discussing numbers is highlighted as a key strategy to establish long-term partnerships and achieve win-win outcomes.
- Focus on creating long-term partnerships with suppliers rather than solely chasing the lowest price to ensure reliability, quality, and service in the long run.
- Leverage competitive quotes, mutual growth opportunities, and understanding market conditions to negotiate effectively and foster sustainable relationships.
- Approaching negotiations prepared, informed, and advocating for your business needs is crucial for successful supplier discussions, along with honoring commitments consistently.
- Never accepting the first offer, asking good questions for collaboration, and treating negotiations as a partnership rather than a battle are recommended approaches for fruitful supplier negotiations.
- Negotiations should focus on value, trust, and long-term benefits to build strong relationships with suppliers and ensure favorable terms and services.
- Maintaining credibility, keeping promises, and negotiating with transparency contribute to building trust with suppliers and securing better deals in the long term.
- Engaging in open dialogue, understanding both sides' needs, and emphasizing collaboration and mutual benefits are key elements of successful supplier negotiations.
- Embrace creativity, flexibility, and patience during negotiations to create mutually beneficial partnerships that go beyond immediate gains and focus on sustainable growth.
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Gritdaily
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178
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Exemplary Leadership: Stories of Impact from Inspiring Leaders
- This article delves into the transformative power of key leadership traits such as empathy, authenticity, and humility, drawing inspiration from seasoned leadership experts.
- Real-life stories highlight how empathy, authenticity, and humility can elevate individuals and organizations to new levels of success by fostering trust and resilience within teams.
- Examples include leaders demonstrating empathy by rebalancing workloads to support struggling employees, showcasing authenticity by openly addressing challenges, and showing humility by valuing others as equals.
- Leaders who see the potential in others and empower them to step into roles they never imagined, foster collaboration and growth within their teams.
- The importance of creating a culture of genuine empowerment, where team members feel ownership, trust, and confidence to thrive, is underscored through a story of successful project completion through collective input.
- Vulnerability, decisiveness with empathy, and strategic patience are hailed as valuable leadership qualities that inspire loyalty, encourage transparency, and drive sustainable success.
- Accountability, integrity, and protecting teams fiercely are highlighted as qualities that build trust, foster growth, and create environments where individuals feel empowered and supported.
- The significance of resilience in pushing forward despite challenges and setbacks, providing clear and constructive feedback, and maintaining grace under pressure are emphasized as key attributes of impactful leadership.
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Inc42
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431
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Shark Tank Fame InnerGize Bags Funding To Address Mental Health Issues
- D2C mental healthtech startup InnerGize has raised INR 4.5 Cr in its pre-seed round.
- The funding round was led by Antler and saw participation from angel investors.
- InnerGize plans to use the fresh funds for manufacturing, clinical trials, R&D, and product launch.
- The startup aims to tackle mental health issues with its wearable device using Neuroacoustic Vagal Modulation technology.
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ISN
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400
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McDonald’s, Coca-Cola partner MMG Group invests in YatriKart at Rs 100 crore valuation
- YatriKart, a 'Retail-on-the-Go' convenience ecosystem, has raised funding from MMG Group at a valuation of Rs 100 crore.
- YatriKart empowers last-mile retailers by creating a network of small, tech-enabled retail kiosks and stores at high-traffic transit points.
- With the funding, YatriKart plans to expand its Franchise Network, enhance tech infrastructure, and optimize supply chains.
- YatriKart aims to establish over 5,000 smart kiosks and stores at metro hubs, railway stations, highways, and airports.
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Startup Story
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427
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Better Nutrition Secures ₹10 Crore Funding to Expand Biofortified Food Offerings
- Better Nutrition raises ₹10 crore in the latest funding round to expand biofortified food offerings.
- Investors include family offices, HNIs, and angel investors aligned with the company's mission.
- The funding will be used to expand product offerings, strengthen distribution, scale farmer training programs, and invest in R&D and awareness campaigns.
- Better Nutrition aims to build a ₹1000 crore brand, focusing on scaling biofortification and producing foods with nutrient density and low-GI profile.
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Yourstory
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165
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RBI clears BlackSoil-Caspian Debt merger, NCLT nod pending
- BlackSoil Capital and Caspian Debt have received approval from RBI for their merger.
- The merger aims to create a larger alternative credit platform with AUM exceeding INR 2,000 crore.
- The combined entity has provided total disbursements of over Rs 10,000 crore to over 450 businesses.
- The merger will strengthen BlackSoil's presence in major Indian metros and drive greater financial inclusion.
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ISN
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122
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BlackSoil Capital and Caspian Debt receives RBI's approval for merger
- BlackSoil Capital and Caspian Debt have received approval from RBI for their merger.
- The merger will enhance BlackSoil's ability to support startups, MSMEs, and impact-driven enterprises.
- The combined AUM of the merged entity will exceed Rs 2,000 crore.
- BlackSoil will expand its geographical footprint across major cities in India.
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Inc42
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183
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Zomato Allots Shares Worth INR 4.4 Cr Under ESOP Schemes
- Zomato has allotted 2.17 Lakh equity shares to eligible employees under its ESOPs.
- Based on the stock's last close of INR 202.05 per share, the newly allotted equity shares are worth INR 4.4 Cr.
- The largest portion of stock options has been allocated under ESOP 2021, accounting for 2,17,802 options.
- Zomato's consolidated net profit slumped 57.2% to INR 59 Cr in Q3 FY25, while operating revenue surged over 64% to INR 5,405 Cr.
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ISN
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239
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Stance Health raises $1 million in a pre-Seed round to transform musculoskeletal care in India
- Stance Health, a startup dedicated to transforming musculoskeletal (MSK) care, has raised $1 million in a pre-seed funding round led by General Catalyst.
- The funds will be used to scale Stance Health's structured, technology-driven MSK care model in India, develop their proprietary technology platform, and expand their team and MSK centers across major Indian cities.
- By leveraging advanced analytics and personalized therapeutic interventions, Stance Health aims to create an integrated ecosystem that enhances the patient journey and standardizes MSK care in India.
- The startup combines medical expertise, rehabilitation specialists, and advanced diagnostics to bridge the gaps in MSK care, utilizing AI-based motion sensors and structured treatment pathways for long-term recovery and return to sport.
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Yourstory
2w
265
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Infinity Fincorp secures $40M in extended Series A round led by Beams Fintech
- Infinity Fincorp Solutions, an NBFC based in Mumbai, has raised $40 million in an extended Series A funding round led by Beams Fintech Fund.
- The funding round also saw participation from existing investors True North LLP, Jungle Ventures, and Archerman Capital.
- The capital infusion will be used to strengthen the company's loan book and expand its presence in six Indian states, primarily targeting Tier III towns.
- Infinity Fincorp Solutions specializes in providing micro-loans against property to underserved micro-entrepreneurs, such as tea stall owners and vegetable vendors.
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Yourstory
2w
21
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Meta’s AI research head Joelle Pineau to step down
- Joelle Pineau, Vice President of AI Research at Meta, is set to leave the company after eight years.
- Pineau announced her departure in a LinkedIn post, expressing her gratitude for the experience and the goal of solving AI and open-sourcing research.
- The company is yet to name a replacement but has begun the search for a successor.
- Pineau has led the Meta's Fundamental AI Research group and oversaw research in various areas such as voice translation, image recognition, and Meta's open-source large language model.
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