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Startup News
ISN
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Smart vending startup Wendor raises $2.5 million in funding from Elanpro
- Delhi-based smart vending startup Wendor has raised $2.5 million from Elanpro.
- The funding will support Wendor's AI-driven retail automation platform and expansion plans.
- The investment provides Wendor with operational support from Elanpro, leveraging their service and logistics network.
- Wendor plans to launch experience centers, expand internationally, and enhance their AI-driven vending technology.
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Pymnts
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Trump’s Tariff Tactics Yield Tepid Dealmaking Activity
- Merger and acquisition (M&A) volume in the first quarter rose 12.6% year over year to $984.4 billion, thanks to the three large Chinese state-run deals in the Asia-Pacific region.
- However, global bankers are scaling back deals and experiencing lower revenues, with US M&A volume falling 13% to $436.6 billion in the first quarter.
- Protracted trade war makes IPOs less attractive in the future, resulting in a decline in offerings by 17.7% to 1,065.
- The uncertainty caused by geopolitical tensions, fluctuating tariffs, and economic unpredictability is impacting dealmaking, leading to tepid activity in the market.
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TheStartupMag
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How to Choose the Right Company for Appointment Setting: A Business Owner’s Guide
- Appointment setting companies help businesses secure qualified appointments, freeing up time to focus on closing deals.
- Before choosing a company, define your goals and target audience to find the best fit for your business.
- Look for appointment setters with industry experience to ensure they understand your niche and challenges.
- Evaluate the lead generation process of the company to ensure the quality of leads being targeted.
- Consider the outreach strategy of the company, including touchpoints like cold calls, emails, and LinkedIn outreach.
- Assess the quality of representatives making the calls to ensure a positive first impression of your brand.
- Check for transparent reporting and KPI tracking to monitor the performance of the appointment setting service.
- Understand the pricing models offered, like pay-per-appointment, retainer-based, or hybrid models.
- Watch out for red flags such as lack of references, unclear processes, overpromising results, and lack of customization.
- Consider starting with a trial or pilot program before committing to a long-term agreement to assess the company's performance.
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Yourstory
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96
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At 25, MakeMyTrip says best is yet to come, bets on investments, AI to outpace industry growth
- MakeMyTrip, as India’s pioneering online travel company, celebrates 25 years and anticipates surpassing industry growth with investments and AI advancements.
- Co-founder Deep Kalra and CEO Rajesh Magow express optimism about the company's future due to India's growth prospects and shifting consumer behaviors towards travel experiences.
- Magow highlights the demographic dividend, infrastructure investments, rising incomes, and changing consumer spending patterns as positive factors for the company's growth.
- MakeMyTrip eyes higher growth rates than the industry through investments in various sectors like corporate business, intercity, forex, visa, and AI-powered enhancements.
- AI is seen as transformational for MakeMyTrip, with plans to further leverage this technology to enhance consumer experiences and internal productivity.
- The founders recount MakeMyTrip's journey through challenges, initially facing financial difficulties but ultimately finding growth opportunities after the IPO and strategic mergers.
- Despite ups and downs, MakeMyTrip navigated through survival phases to high-growth periods, including the 2016 merger with Goibibo and RedBus, and overcoming challenges post-COVID-19.
- Magow acknowledges short-term uncertainties and emphasizes the need for continuous innovation and differentiation to stay ahead in the market amidst the AI era.
- He mentions the importance of investing in the right areas, leveraging data, and delivering effectively to maintain leadership and navigate through changing market dynamics.
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ISN
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'Talks should be around increasing IT productivity, not increasing hours': Shark Tank India judge Namita Thapar
- Shark Tank India judge Namita Thapar urges IT industry to prioritize increasing productivity over extending work hours.
- Thapar highlights data showing stagnant real monthly wages despite increased corporate profits in the IT sector.
- She advocates for shifting conversations towards raising per-employee output and compensation.
- Thapar emphasizes the detrimental impact of excessive work hours on physical and mental health, leading to employee dissatisfaction and burnout.
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SiliconCanals
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Dutch loyalty startup Loyyo bags funding; appoints new CEO
- Dutch loyalty startup Loyyo has raised additional growth capital from existing investors, bringing its total investment to over €1M.
- The funds will be used to develop product offerings, expand internationally, and strengthen the organizational framework.
- Paul Arts has been appointed as the new CEO, while founder Wouter Meeuwisse will become the Chief Product Officer.
- Loyyo's software connects transaction data with customer profiles to improve customer loyalty, providing insights into Customer Lifetime Value (CLV) and purchasing behaviors.
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Medium
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192
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The Month in Review — March 2025
- DTU Skylab had a busy month with various cases and projects.
- They are developing a program to educate research teams on communicating with investors.
- Aisel Health successfully closed their funding round.
- Planning for a family vacation is underway.
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Medium
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Starting Something New? Here's What to Expect
- New users to trading platforms like BingX can receive incentives to help them get started.
- BingX offers rewards for new users who trade within their first 72 hours, including up to 300 USDT.
- Incentives on BingX include a crypto airdrop, copy trading subsidy, and futures subsidy.
- These incentives provide support and a boost for new users as they navigate the world of trading.
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TheStartupMag
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Are All the Eco-Friendly Sports Equipment Options Really Just as Good?
- Eco-friendly sports equipment, such as sustainable pickleball paddles and Frisbee discs, offer the same performance as traditional gear.
- Non-toxic activewear made of eco-safe materials provides health benefits by avoiding skin irritation and exposure to harmful substances.
- Sustainable sports gear, like bamboo pickleball paddles and eco-friendly Frisbee discs, is durable and long-lasting, saving money in the long run.
- Choosing eco-friendly sports equipment helps reduce environmental impact by using recycled or biodegradable materials.
- By opting for eco-friendly products, you support ethical practices in production and reduce your carbon footprint.
- While eco-friendly sports equipment may have a higher upfront cost, it proves to be cost-effective in the long term due to durability and quality.
- Green sports equipment is a sensible choice that combines quality, endurance, and ethical production practices.
- Opting for eco-friendly gear not only benefits the environment but also contributes to a sustainable future in the sports industry.
- Make a positive impact by choosing eco-friendly sports equipment that offers performance, durability, and environmental benefits.
- Investing in environmentally friendly sports equipment is a valuable decision that aligns with quality, ethics, and sustainability principles.
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Futurefundraisingnow
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Generation Wah: the next game-changer for fundraising
- There is a new generation of powerhouse donors known as Generation Wah, who are expected to revolutionize fundraising.
- Generation Wah is defined as those born since 2023 and shows promising potential for charitable giving.
- They are highly emotional and spend a significant amount of time feeling empathetic and sympathetic.
- With an unemployment rate of 100% and no living expenses, Generation Wah has more time and resources to focus on philanthropy.
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Alleywatch
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The 10 Largest NYC Tech Startup Funding Rounds of March 2025
- NYC's startup ecosystem attracted significant venture capital in diverse sectors in March 2025.
- The largest funding rounds in March 2025 showcased investments in various industries like robotics, healthcare tech, online education, and AI.
- Viam secured $30M in a Series C round for its cloud-based smart machines management platform.
- Inspiren raised $35M in Series A funding, focusing on AI-driven healthcare monitoring and workflow management.
- Campus, an online college offering accredited degrees, secured $46M in Series B funding.
- Norm AI obtained $48M in Series B funding for its regulatory AI solutions automating legal tasks.
- Graphite raised $52M in Series B to support its open-source CLI and code review dashboard.
- Carbon Arc received $56M for using AI to structure data into insights, without specifying the funding round.
- Underdog Fantasy secured $70M in Series C funding for its online fantasy sports platform.
- Dataminr raised $85M through a Convertible Note round for its AI platform for real-time event detection.
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Inc42
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188
Image Credit: Inc42
CBI Should Collaborate With Startups To Tackle AI-Led Crimes: Vaishnaw
- Union minister Ashwini Vaishnaw emphasizes the need for CBI to collaborate with startups, industries, and academia to tackle AI-led crimes.
- AI expansion raises ethical concerns in criminal investigations as AI agents can now commit crimes.
- Vaishnaw suggests a techno-legal approach and the need for technological solutions to complement existing laws in combating crime.
- India is developing frameworks and seeking collaborations to address AI-related crimes, such as deepfakes and cyber attacks.
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Economic Times
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279
Image Credit: Economic Times
Atomberg surpasses Rs 1,000 crore in revenue for FY25: Sibabrata Das
- Atomberg Technologies, a consumer appliances maker, has reported crossing the milestone of Rs 1,000 crore in revenue for the fiscal year ending March 2025.
- The company, founded by IIT Bombay alumni Sibabrata Das and Manoj Meena, initially began as a fan manufacturer and has since expanded its product offerings.
- In the previous fiscal year, Atomberg recorded a 31.4% YoY increase in operational revenue, reaching Rs 848 crore, indicating consistent growth.
- The majority of Atomberg's revenue comes from offline channels, including a presence in approximately 30,000 multi-brand outlets nationwide.
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Eu-Startups
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InnoEX and Electronics fair: A global platform for innovation & technology returns to Hong Kong by mid-April (Sponsored)
- The 3rd InnoEX, Asia’s most anticipated innovation and technology event, will be held alongside the 21st HKTDC Hong Kong Electronics Fair from 13 to 16 April 2025 at the Hong Kong Convention and Exhibition Centre.
- The fairs will provide a platform for exhibitors to showcase cutting-edge technologies to international buyers, I&T professionals, and users from various industries.
- In 2024, the events attracted around 88,000 buyers from 139 countries and regions.
- InnoEX 2025 is an event for networking, exploring future trends, engaging in business matching, and showcasing advancements in AI, robotics, cyber security, smart mobility, and more.
- The Hong Kong Electronics Fair 2025 will focus on Smart Home & Solutions and Health Tech & Wearables, featuring over 2,500 exhibitors and thematic zones like Tech Hall and Hall of Fame.
- The Startup Zone will allow start-ups to connect with global buyers, suppliers, and investors through activities like one-on-one meetings, pitching competitions, and product demonstrations.
- Exhibitors like AEROFUGIA, EightOSix Technology, and Istar Tech (HK) are looking forward to showcasing their innovative technologies at the event and expanding their global reach.
- The fairs will host several themed conferences and talks by technology experts, along with networking receptions for industry professionals to exchange insights.
- Register now for free entry to be a part of this global platform for innovation and technology in Hong Kong.
- Don't miss the chance to engage with industry leaders, discover cutting-edge technologies, and explore the future of electronics at InnoEX and Hong Kong Electronics Fair.
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Cloudblog
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Image Credit: Cloudblog
Rice University and Google Public Sector partner to build an innovation hub in Texas
- Rice University and Google Public Sector are partnering to launch the Rice AI Venture Accelerator (RAVA) in Texas.
- RAVA will connect AI-first startups with leading enterprises in healthcare, energy, transportation, and the public sector.
- Through this partnership, RAVA startups will have direct access to Google Cloud's AI experts, computing power, and sandbox services.
- Google Public Sector will provide dedicated training to RAVA startups to maximize their AI literacy and industry adoption.
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