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Startup News
Yourstory
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Over 13 lakh electric 2-wheeler, 3W sold in FY25: Government
- Over 13 lakh electric two-wheelers and three-wheelers were sold in India in 2024-25.
- The sales of electric two-wheelers increased by 21% compared to the previous year.
- The sales of electric three-wheelers increased by 57% compared to the previous year.
- India's e-mobility sector is gaining momentum, driven by government initiatives and environmental concerns.
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Startupcan
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Startup Canada and Pizza Hut Canada Join Forces in Three-Year Partnership to Support Entrepreneurs with $300,000 in Cash Grants through Pizza Hut’s Equal Slice Program
- Startup Canada has announced a three-year partnership with Pizza Hut Canada to support entrepreneurs.
- The partnership will distribute $300,000 in cash grants and educational resources to early-stage entrepreneurs.
- Pizza Hut will become the Co-Presenting Partner of The Startup Canada Tour, offering educational resources and networking opportunities.
- Startup Canada and Pizza Hut Equal Slice will provide pitch competitions, custom workshops, and enhancements to the Business Owner's Toolbox.
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Yourstory
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5 Signs your partner will stand by you no matter what
- Love isn’t just about the happy moments—the romantic dinners, the spontaneous weekend getaways, or the butterflies in your stomach.
- Finding someone who will love you through anything is rare and precious.
- There are 5 signs that you are with the right partner:
- 1. They offer emotional support, no matter what.
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Yourstory
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UPI transactions touch record high of Rs 24.77 lakh crore in March
- Transactions through UPI reached a record high of Rs 24.77 lakh crore in March.
- This marks a growth of 12.7% compared to the previous month.
- The daily transactions averaged Rs 79,903 crore, reflecting the rapid adoption and trust in digital financial solutions.
- UPI transactions in January also recorded highest numbers with 16.99 billion transactions and a value of Rs 23.48 lakh crore.
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Startup Pedia
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From Early-Mover To Market Leader: How This EV Charging Venture Is Reducing Air Pollution In India With Green Mobility Solutions
- GLIDA, formerly known as Fortum Charge & Drive India, was established in 2017 to introduce EV charging infrastructure in India, led by Awadhesh Kumar Jha.
- The venture faced regulatory challenges initially, as selling electricity required a license in India, but it was clarified as an 'energy transformation service' by the government in 2018.
- GLIDA offered free charging services initially to encourage user adoption and saw substantial success, serving over 80 customers in its first year alone.
- With over 950 charging points in 38 cities and 17 states, GLIDA has become a prominent Charge Point Operator in India, focusing on four-wheelers and commercial EVs.
- GLIDA's rapid growth includes a 133% CAGR over six years, emphasizing customer-centricity, sustainability, and a user-friendly payment system.
- The company aims to expand modular charging hubs, transition to 100% green energy, and enhance charging technology to meet the increasing demand for EV charging stations.
- GLIDA's success story from combating air pollution to becoming an industry leader showcases the potential for clean mobility in India, aligning with the country's electric vehicle transition.
- As the EV charging market in India is projected to grow significantly, GLIDA is strategically positioned to capitalize on this growth by focusing on innovation and sustainability.
- With a commitment to green energy and technological advancements, GLIDA is set to contribute significantly to the evolution of electric mobility in India.
- By addressing challenges like power availability along highways and transitioning to renewable energy sources, GLIDA is spearheading the shift towards environmentally sustainable transportation.
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Gritdaily
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Len Curtis: Proving It’s Never Too Late to Build Wealth and Make an Impact
- Len Curtis has built a successful career in the financial industry, focused on helping others.
- After witnessing pastors and leaders reaching retirement without financial security, Len was motivated to make a difference.
- At 73 years old, Len is proving that age is not a barrier to success.
- He aims to leave a legacy of reinvention and resilience, showing that it's never too late to start over and succeed.
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Medium
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Quantum Finance Isn’t Here Yet — But the Narrative Is
- Quantum finance, although still out of reach, is gaining attention from various industries.
- Quantum hardware remains unstable and most algorithms are still in controlled lab environments.
- Research in quantum finance is exploring the use of quantum principles to improve financial models and pricing accuracy.
- Critics suggest that some quantum phenomena in finance could potentially be modeled without invoking quantum randomness.
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Gritdaily
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Booker Brown: Turning Challenges Into Opportunities for Financial Transformation
- Booker Brown, with a background in education and a commitment to service, transitioned to the financial services industry to help others avoid financial struggles.
- He aims to provide personalized solutions to clients, eliminating unnecessary fees, minimizing taxes, and safeguarding retirement investments.
- Booker aspires to build a team of professionals who share his passion for empowering others and making a lasting impact.
- His ultimate goals include achieving financial independence, supporting his church and community, and leaving a legacy of respect and integrity.
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Medium
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AI-Generated Ghibli Art: A Shortcut or a Creative Injustice?
- AI-generated Ghibli art blurs the line between human-made and machine-made art.
- Hayao Miyazaki believes that true artistry lies in human touch and sees AI-generated animation as an 'insult to life itself.'
- AI lacks the storytelling soul and emotional depth that make art truly impactful, like in Studio Ghibli films.
- Artists and designers can use AI as a collaborative tool to assist with brainstorming and rapid prototyping.
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Inc42
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Can Kiko Live Help Kiranas Strike Back At Quick Commerce Giants?
- Quick commerce giants like Blinkit, Zepto, and Swiggy Instamart are facing challenges with widening losses and slowing down of operations as costs soar.
- BofA Securities downgraded ratings for Zomato and Swiggy due to growth concerns and mounting losses in the quick commerce sector.
- Kiko Live, founded by Alok and Neeta Chawla, aims to empower small retailers like kiranas by digitizing their businesses.
- Kiko Live facilitates the setup of online storefronts for retailers, connects them to buyer apps, and integrates with local distributors for faster deliveries.
- Alok Chawla, with experience in payments and retail, identified the struggle of small retailers during the pandemic and founded Kiko Live to address their needs.
- Kiko Live raised $4.08 Mn from investors like venture catalysts, 9 Unicorns, Powerhouse Ventures, and SOSV.
- Kiko Live leverages ONDC for hyperlocal delivery options, empowering retailers to compete with quick commerce platforms.
- Kiko Live adopts a catalogue-driven system with AI integration, helping retailers list their products online and reach a wider audience.
- Kiko's approach differs from KiranaPro by focusing on a direct buyer-seller connection and integrated inventory system for retailers.
- Kiko Live's challenges include training retailers for operational efficiency and building credibility among them, but ONDC has helped solve these issues.
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Inc42
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Inc42’s Q1 Funding Report, Zomato Axes 600 Jobs & More
- Q1 2025 showed signs of stability in funding landscape with a 41% YoY surge in capital, reaching $3.1 Bn across 232 deals, pushing total funding past $161 Bn.
- Ecommerce and fintech remained dominant in funding, with late-stage startups raising $1.8 Bn, seed stage startups at $188 Mn, and growth stage startups at $1 Bn.
- M&A activity in Indian startups saw a revival in Q1 2025, including notable deals like HUL's acquisition of Minimalist.
- Zomato laid off 600 employees due to performance issues and AI-led automation in its food delivery vertical amid rising competition.
- Spinny raised $131 Mn led by Accel for its NBFC arm, valuing the company at $1.7 Bn to $1.8 Bn post-money.
- Boba Bhai's revenue surged 6x in FY25, OYO projects a 60% YoY revenue increase in Q4 FY25, and UPI transactions hit all-time highs.
- IndiQube's IPO got SEBI approval, BorderPlus acquired Onea Care, and The Bear House secured INR 50 Cr in funding.
- Neural Defend aims to combat deepfakes using AI-based detection, targeting enterprise cybersecurity and aiming to capture a share of the growing deepfake detection market.
- The startup plans to secure 10 customers, reach $10 Mn in annual revenue, and expand globally while facing competition from established players like McAfee.
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Yourstory
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Why agencies and founders should opt for SaaS-based solutions in 2025
- Businesses are increasingly relying on SaaS-based solutions to drive growth and competitiveness in the evolving digital landscape of 2025.
- A cautionary tale, 'The $7.5 Million SEO Crisis,' highlights the importance of continuous monitoring with SaaS tools to prevent revenue loss and maintain brand trust.
- The evolution of SaaS from simple cloud-based tools to AI-driven, automation-focused platforms has reshaped decision-making and efficiency for agencies and founders.
- Key benefits of modern SaaS include cloud-based accessibility, scalability, cost efficiency through subscription models, and streamlined processes.
- Challenges faced by agencies and founders in adopting SaaS include data security, tool overload, market saturation, integration issues, cost management, and customization limitations.
- Trends in the SaaS landscape for 2025 include AI-driven insights, micro-SaaS solutions, unified platforms, flexible subscription models, and sustainability initiatives.
- Switching to SaaS offers benefits like seamless scalability, cost-efficiency, unmatched accessibility, and time-saving automation, empowering innovation and growth.
- SaaS tools enhance business operations by streamlining financial management, content management, and performance monitoring for increased agility and productivity.
- Real-world examples showcase the versatility of SaaS in areas such as SEO monitoring, client reporting, and collaboration, improving efficiency and scalability for agencies and startups.
- To thrive in the SaaS-driven business environment, agencies and founders should stay informed, invest in training, and prioritize scalability to leverage the transformative power of SaaS.
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Yourstory
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VC funding in Q1 2025 remains flat; Binance on Indian crypto ecosystem
- In FY25, India registered 1.96 million units of electric vehicles, a 17% YoY growth, with growth in two-wheelers, three-wheelers, and passenger vehicles.
- Ola Electric led the electric two-wheeler segment but faced challenges in March 2025, falling to third place.
- MG Windsor emerged as the best-selling electric car in India, with over 15,000 units sold, offering a battery-as-a-service program.
- Swiggy received an assessment order for unpaid dues of Rs 158 crore, planning to appeal the order.
- VC funding in Q1 2025 for Indian startups remained flat at $2.52 billion across 312 deals, with a decline in larger value deals.
- Growth-stage startups raised $852 million, early-stage startups raised $805 million, with Bengaluru attracting the highest VC funding.
- Binance re-entered the Indian market, receiving a $2 billion investment from Abu Dhabi-based MGX, focusing on compliance and educating investors.
- Luxorides, a Delhi startup, offers premium cars for rent, aiming to expand into air and water mobility in the future.
- White House proposed 20% tariffs on most imports, Indian shares dropped, and Alibaba plans to release an upgraded AI model.
- Japan has the highest public debt burden in the world, with a debt-to-GDP ratio of 242%.
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Yourstory
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Generative AI is not a magic wand, it’s a strategic tool
- AI, particularly generative AI (GenAI), is often misunderstood and viewed as an all-powerful solution.
- Many companies have misconceptions that AI can solve complex business problems independently, without human interventions.
- Data readiness, cross-functional collaboration, and specific metrics to measure ROI are crucial for successful AI adoption.
- GenAI is not a magical solution but requires a strategic approach, incorporating the right blend of strategy, data, and execution to generate real business value.
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Yourstory
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I love the fact that people are calling the fall in crypto prices a dip: Binance’s Vishal Sacheendran
- India leads global adoption of cryptocurrency for the second consecutive year, attracting attention from global exchanges like Binance.
- Binance re-entered the Indian market in August 2021 and received a $2 billion investment from Abu Dhabi-based firm MGX.
- Vishal Sacheendran from Binance discusses the growth of crypto adoption in India, particularly among retail and institutional investors.
- Regulatory landscape in India is evolving, with discussions on asset-based regulations and potential for crypto ETFs.
- Binance focuses on education and compliance in India to bridge the gap between innovators, regulators, and investors.
- FIU in India has shown openness to foreign players, working collaboratively to shape a sustainable regulatory framework for the crypto industry.
- Despite recent price fluctuations, Vishal views market corrections as natural in the crypto space, with opportunities for seasoned investors.
- Institutional investors' long-term investment approach influences a shift towards holding crypto for longer periods.
- Binance's stance on the competitive landscape in India is centered on expanding the crypto industry and increasing adoption, rather than solely focusing on market share.
- Binance emphasizes the goal of expanding the crypto user base globally to drive industry growth and development.
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