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Startup News
Medium
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203
Cancer sucks
- Cancer diagnosis and treatment today is reactive, relying on snapshot monitoring methods and limited precision medicine approaches.
- A researcher from the University of Cambridge has developed an implantable brain-computer interface (BCI) to track and treat cancer.
- The BCI platform can measure cancer progression biomarkers in real-time and modulate brain function to control cancerous signaling.
- The aim is to conduct first human trials within the next 2 years, providing longitudinal data and complimentary therapy to standard care.
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TechRound
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151
Image Credit: TechRound
How Communication APIs Can Be Used by SaaS Startups to Offer Built-in Messaging Capabilities
- Modern messaging solutions have become essential for businesses as they see improvements in customer satisfaction and engagement.
- Comprehensive messaging strategies can lead to up to 25% improvement in customer engagement metrics and reduced support costs.
- Communication APIs are crucial for SaaS startups to offer built-in messaging capabilities, giving them a competitive edge.
- Well-integrated messaging systems enable businesses to respond faster and handle more customer interactions efficiently.
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Economic Times
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411
Image Credit: Economic Times
Agnikul to go commerical early next year, aims 25 launches in a year
- Agnikul Cosmos is set to launch commercial operations within 6-8 months and is in active discussions with 30-40 potential clients for demand exploration for its rocket, Agnibaan.
- Agnikul's 3D-printed engine-equipped rocket is attracting interests from newer industries that are considering space for advanced manufacturing processes: Ravichandran.
- The company aims to scale its operations to support around 25 launches per year and become a significant global player in the small satellite launch vehicles market.
- Agnikul has developed its proprietary electronics, software, and hardware, and at present, offers one of the cheapest launch vehicles globally.
- The startup carried out a sub-orbital test flight of its 3D-printed semi-cryogenic rocket earlier this year.
- Agnikul will focus on capitalizing on its 3D-printed engine in the future as a separate part.
- According to Tracxn’s data, the global funding for Small Satellite Launch Vehicles (SSLV) reached $499.4 million in 2024, whereas India’s SSLV saw a total funding of $64 million in 2023.
- Agnikul aims to become the strongest player globally in small satellites, said Ravichandran.
- A little more awareness among investors and suppliers in India’s burgeoning space ecosystem about the industry's scale can help India grow as a global space power, added Ravichandran.
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Medium
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47
Image Credit: Medium
10 Most Effective Marketing Campaigns Of All Time And How
- Nike's slogan reinforced the mindset of winning, making it effective.
- Apple's message resonated deeply with its target audience, embracing individuality and rebellion.
- Coca-Cola's Facebook followers significantly increased during the campaign.
- The memorable line 'I'm on a horse' became a pop culture phenomenon.
- The 'Like a Girl' campaign aimed to change perceptions of women and resonated widely.
- Google's 2020 Year in Search video gained over 8 million views in its first week of release.
- The slogan 'It's a taste you can't forget' played on nostalgia and satisfaction.
- Red Bull gained over 1 million new YouTube subscribers through its marketing campaign.
- The campaign showcasing the power of social media in raising awareness for vital causes was effective.
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Eu-Startups
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8
How startups can expand their business internationally
- Expanding internationally can open up new business opportunities but can also come with challenges. Startups must assess their readiness for global expansion, conduct thorough market research, and understand and adapt to cultural differences. Tailoring your go-to-market strategy to fit the specific region and navigating regulatory and compliance challenges are also important. Forming strong local partnerships can be essential, especially in industries like deep tech and aerospace. Leveraging networks and resources, such as joining global innovation hubs, can accelerate market entry and strengthen credibility. By taking a strategic approach, startups can build a strong international presence.
- Before international expansion, startups need to assess their abilities by questioning if their product or technology is globally applicable, if they can scale abroad, and if they have the finances to support their expansion.
- Conducting thorough market research is necessary before entering any international market. Entrepreneurs should find out if there is a demand for the product, research competitors, find out about cultural and business norms, as well as the legal and regulatory barriers.
- Cultural and language difference can play a vital role in business when entering new markets. Entrepreneurs should be aware of local customs that can slow down or close doors for new opportunities.
- A tailored go-to-market strategy that is specific to the region is necessary. Startups should consider entering a niche market first before scaling up operations. There are also considerations for partnerships, branding differences, and logistical supply chain challenges.
- Regulatory hurdles are a challenge that startups face as all countries have their legal systems that businesses must comply with if they want to avoid delays, fines, or worse.
- Local partnerships can open doors that might have remained closed, especially in industries like deep tech or aerospace. A local advisor, a government contract, or joint ventures with locally-owned firms can accelerate customer relations, supply chain networks, and navigating regulations.
- Entrepreneurs do not have to go it alone when expanding internationally. There are plenty of resources available such as government programs, trade organizations, or global innovation hubs. Joining these programs provides funding, market insights, financial support, and access to industry contacts.
- Overall, startups that take a strategic approach by conducting thorough market research, forming partnerships, understanding legal and cultural differences, tailoring go-to-market strategies, and leveraging networks and resources that maximize growth and minimize risks.
- Expanding your deep tech or aerospace startup internationally is an exciting opportunity that can lead to new revenue streams and incredible growth opportunities.
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Medium
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86
Image Credit: Medium
The Power of MVPs: A Guide to Minimum Viable Product Development
- An MVP (Minimum Viable Product) is a version of a product with enough features for early adopters and validation.
- Building an MVP allows you to test assumptions, gather user feedback, and iterate quickly.
- Key steps to building an MVP include rapid prototyping and efficient development.
- Partnering with a trusted partner like SixBerries can help in building a successful product.
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ISN
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290
Image Credit: ISN
Sachin Bansal's Navi Finserv gets RBI approval to disburse pre-October 20 home loans
- The Reserve Bank of India (RBI) has granted approval to Navi Finserv, led by Sachin Bansal, to disburse home loans that were sanctioned before October 20, 2024.
- This approval allows Navi Finserv to provide relief to customers whose loans were approved but not yet disbursed before the RBI's ban on loan sanctioning and disbursal activities took effect.
- The RBI's temporary provision allows Navi Finserv to carry out pre-sanctioned home loan disbursals until December 31, 2024, addressing the needs of customers already committed to loans.
- Similar restrictions have also been placed on three other NBFCs, reflecting increased oversight and scrutiny within the sector to ensure fair pricing and ethical lending practices.
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TechRound
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363
Image Credit: TechRound
Startup Founders Share Their Reactions And Thoughts On Autumn Budget
- The UK government has introduced new fiscal rules in the Autumn Budget to rein in public spending to create a balance between daily operations and tax revenues.
- Public debt will also shrink as a percentage of GDP, focusing future loans only on long-term infrastructure and development projects.
- Public services will see budgets grow 2% annually, maintaining operational stability. On top of this, £100bn will be invested in housing, transport, and research over the next 5 years.
- Start-up founders are reacting to the budget reveals. Some welcome the changes, with others feeling that more could and should be done.
- The budget allocates more resources to the NHS and education, with reforms set to help reduce waiting times, increasing diagnostic services and repairing healthcare infrastructure.
- Local infrastructure projects, policing, and border control will also benefit from the budget as well as members of the public through National Living Wage increases, State Pension increases and a Fair Repayment Rate to help those on Universal Credit.
- Corporate tax relief through a cap on Corporation Tax and lowering of tax rates will benefit businesses, including Pubs, Scotland's Whiskey industry and retail, hospitality and leisure businesses.
- New tax changes on Capital Gains Tax is affecting some startup founders who may look at other tax-friendly territories.
- This budget proposes a delicate balance in the tech industry, as demand for digital services increases.
- The creation of a governmental expert panel in digital government and Made Smarter Adoption programme is welcomed but with the absence of new investment in AI or Quantum technologies there is concern surrounding how companies can responsibly leverage greater financial direction.
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TechCrunch
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155
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Hummingbirds, a platform that connects local creators with brand campaigns in their area, raises $5.4M
- Hummingbirds, a female-founded startup, has raised $5.4 million in a seed round.
- The platform connects local content creators with nearby brands for hyperlocal marketing.
- Hummingbirds plans to expand into 20 more cities by 2025 with the new funding.
- The platform focuses on everyday creators and aims to increase sales by up to 14 times.
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Futurefundraisingnow
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359
“Our donors are different” — oh really?
- Some organizations believe that their donors are unique and different, but this is mostly untrue.
- Donors share values, interests, and often live in the same community.
- While it's important to connect with donors based on what they care about, all donors are fundamentally human.
- Fundamentals of fundraising are the same for all causes and donors: clear and direct asks, emotional appeals, and donor-focused approaches.
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Startup Pedia
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251
Image Credit: Startup Pedia
Starbucks Warns Staff to Return to Office 3 Days a Week or Get Fired
- Starbucks has implemented a hybrid work policy, requiring employees to come to the office at least three days a week.
- Failure to comply with the policy may result in serious consequences, including termination.
- The policy will be enforced starting in January 2025, with a standardized process to ensure compliance.
- CEO Brian Niccol commutes between California and Starbucks' headquarters in Seattle using a corporate jet.
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15 Likes
Gritdaily
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51
Image Credit: Gritdaily
Morph Announces Mainnet Launch on Ethereum, Paving the Way for Consumer Blockchain Adoption
- Morph, a global consumer layer for driving blockchain adoption, has announced its mainnet launch on Ethereum.
- The mainnet launch marks a significant milestone in building Morph's consumer layer, addressing limited blockchain adoption.
- Morph's consumer layer combines optimistic and zero-knowledge rollups to enhance security and performance.
- Morph offers resources and support to builders, aiming to revolutionize the blockchain industry and drive widespread adoption.
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3 Likes
ISN
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112
Image Credit: ISN
FA Advisors partners with Roopya for Rs 1000 crore monthly loan disbursal
- FA Advisors has partnered with Roopya, a Lending and Analytics as a Service Platform, for streamlined loan origination and underwriting.
- The partnership aims to facilitate Rs 1000 crore monthly loan disbursals for FA Advisors.
- FA Advisors will leverage Roopya's advanced infrastructure to ensure a seamless and efficient disbursal process.
- The partnership will enable FA Advisors to expand into more cities in India and enhance their digital presence.
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6 Likes
Medium
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216
Image Credit: Medium
Why I’m Building an Esports Organization in my School
- The author is building an esports organization in their school.
- They discovered esports and fell in love with the idea.
- Esports is not recognized in their country, Nigeria, yet.
- The author plans to create a top online game community and organize tournaments at their school.
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13 Likes
Medium
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108
Image Credit: Medium
Crossing the River — Navigating the Complexities of Startup-VC Dealmaking
- Structuring an investment round is a high-stakes endeavor where clarity, trust, and alignment can make or break a deal.
- VCs often bring valuable experience and networks to a startup, and founders benefit from this strategic input. However, too much oversight can hinder the founder’s agility and creativity.
- Valuation is often one of the most contentious parts of a funding negotiation. Founders typically want to maximize the company’s valuation, while VCs aim to enter at the lowest possible valuation.
- Founders should set realistic valuations and back them up with data that reflects market conditions, current & past business performance, revenue potential, and comparable companies.
- Dilution, the reduction in ownership percentage due to issuing new shares, can erode a founder’s control over the company. Founders can negotiate protective provisions to retain control even as their ownership stake decreases.
- Term sheets are the stepping stone of formalizing investment interest, and they set the stage for the legal agreements that follow. Common terms include the board structure, liquidation preferences, and anti-dilution clauses.
- VCs should explain why certain terms standard practice for risk management are rather than an indication of mistrust. Founders should seek legal counsel to thoroughly understand every clause.
- Both founders and VCs must carefully navigate obstacles and find alignment despite their differing perspectives. By approaching this partnership with transparency, mutual respect, startups and VCs can build a relationship that ensures successful funding, growth, innovation, and eventual success.
- The journey of structuring an investment round is similar to crossing a river. After all, the best deals are those where both parties reach the other side of the river stronger and ready to face the next challenge together.
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