A naukri.com initiative
Startup News
Inc42
2w
333
Image Credit: Inc42
CoinDCX Unveils Feature For Users To Access Control Over Crypto Assets
- CoinDCX has launched an integrated decentralised custody feature for users to access control over their crypto assets on the blockchain.
- Earlier, control over users' assets was with the service provider in centralised custody.
- CoinDCX is the first platform in India to launch a decentralised feature for crypto holdings, providing users with the option to hold their assets directly on the blockchain.
- This feature comes at a time when cryptocurrency users are concerned about asset security following a recent data breach on WazirX.
Read Full Article
20 Likes
Yourstory
2w
6.4k
Image Credit: Yourstory
Swiggy bets on Instamart to outgrow its food delivery business
- Swiggy expects its quick commerce arm, Instamart, to outpace its food delivery business.
- Instamart accounts for 40% of Swiggy's gross order volumes and is projected to grow faster than food delivery.
- Swiggy plans to expand Instamart by increasing the number of dark stores and investing in infrastructure.
- Competition in the quick commerce space is intensifying with rivals like Zomato-owned Blinkit and Zepto.
Read Full Article
16 Likes
Eu-Startups
2w
212
London-based Bendi raises €960k to transform supply chain visibility for large retailers and manufacturers
- Bendi, an AI-driven platform, has raised €960k in pre-seed funding.
- The platform, called Prism, automates supply chain mapping and ESG risk assessments.
- Bendi's technology helps businesses identify and mitigate risks in their complex global supply chains.
- The funding will be used to enhance the platform, expand the team, and target more industries and markets.
Read Full Article
12 Likes
Yourstory
2w
346
Image Credit: Yourstory
Ola Electric boosts service capacity by 30%; adds over 50 centres, 500 technicians
- Ola Electric has increased its service capacity by over 30% to enhance the after-sales experience of customers.
- The company has added over 50 service centres and hired over 500 technicians to streamline operations.
- The move comes in response to backlogs caused by high demand.
- Ola Electric plans to double its company-owned service network to 1,000 centres by December 2024.
Read Full Article
20 Likes
Yourstory
2w
77
Image Credit: Yourstory
Swiggy's IPO valuation based on strategic moats and growth potential, says CFO
- Swiggy's valuation for its upcoming IPO is derived from a comprehensive institutional roadshow and a focus on "strategic moats".
- The IPO pricing aims to be attractive for robust investor participation, with a strategic moat built on diverse service offerings, high customer engagement, and strong user retention.
- Swiggy adopts a differentiated approach centered around convenience rather than value, in contrast to grocery retailers like D-Mart.
- Swiggy's recent financial performance shows growth in gross order value, positive adjusted EBITDA in its food delivery business, and improvement in contribution margins for quick commerce segment.
Read Full Article
4 Likes
Yourstory
2w
3.2k
Image Credit: Yourstory
India's community on GitHub soars 28% to 17M developers
- India's developer community on GitHub has grown by 28% to reach 17 million developers, making it one of the fastest-growing developer communities globally.
- India ranks second in GitHub Education users, public generative AI project contributors, and open-source contributions.
- The Octoverse report for 2024 reveals increased generative AI activity in India, with developers prioritizing results over experimentation.
- GitHub predicts that India will become the world's largest developer community by 2028.
Read Full Article
16 Likes
Startupreporter
2w
368
Image Credit: Startupreporter
Pioneering The Future- Sun Interiors Turns Ordinary Homes Into a Luxury
- Sun Interiors turns ordinary homes into luxurious palaces. The team of interior designers have created more than 500 spaces in 24 years. The use of 3D visualization helps clients to visualize their dream space before turning it into a reality. Sun Interiors received the Maharashtra Udyog Bhushan Award in 2022. Their slogan is 'Transforming Spaces, Creating Dreams'. They create timeless and lively interiors that never fade away. They strike a balance between modernity and timelessness. Sun Interiors creates new and bold interiors on budget. Interior design is more than accent lights and layered wall patterns. "Sun Interiors understood all our requirements and fulfilled them," says a client.
- With two decades of experience, Sun Interiors has been designing and transforming a space into something extraordinary. Their attention to detail and use of 3D visualization help clients to understand what their dream space will look like before creating it. The team has designed over 500 spaces, including commercial spaces like offices and conference rooms. Sun Interiors' wide network of vendors sources the best furniture, wallpapers, ceilings, and more. They strive to find a balance between modernity and timelessness to create a new and bold interior. The trust of their clients reflects in Sun Interiors' award-winning work.
Read Full Article
22 Likes
Startupreporter
2w
346
Image Credit: Startupreporter
A Timepiece for the Festive Season
- Diwali, the festival of lights, is a time to celebrate bonds, express gratitude, and share meaningful gifts.
- Britime London offers precision-crafted automatic watches, blending style and performance.
- Their watches symbolize reliability, strength, and commitment to the future.
- Britime London invites you to celebrate Diwali with a gift that represents strength, precision, and timeless appeal.
Read Full Article
20 Likes
Eu-Startups
2w
121
STMicroelectronics and GEA Digital: Powering innovation with EIT Digital Champions 2025
- STMicroelectronics, a global leader in semiconductor manufacturing, and GEA Digital, a business unit within the GEA Group, are key sponsors of the EIT Digital Champions 2025.
- STMicroelectronics focuses on driving innovation in automotive technology, providing advanced semiconductor solutions for greener and safer vehicles.
- GEA Digital specializes in digital transformation and defense systems, with a focus on integrating AI into defense strategies and electronic warfare technologies.
- Through their sponsorship, both companies empower emerging tech scaleups to develop groundbreaking solutions and advance Europe's position in deep tech innovation.
Read Full Article
7 Likes
SiliconCanals
2w
182
Image Credit: SiliconCanals
Amsterdam-based startups that secured funding in October 2024; 6 of them are hiring right now
- Amsterdam-based startups have recently made headlines for securing funds and expansions into new areas.
- This includes those in software, SaaS, biomedical, and AI-robotics, reinforcing Amsterdam's reputation as an innovation hub.
- Some newly-funded startups are actively recruiting staff within tech and biotech and have been included in this list.
- Avantium, which raised €3.5m in Oct 2024 for its circular polymer materials, opened a PEF bioplastic plant in Delfzijl.
- LUMICKS secured €20m, developing AI-powered life science tools that accelerate drug discovery and enhance fundamental biological mechanisms.
- Merqato, a fresh produce management platform, predicts volume and prices using AI, enabling businesses to reduce waste by up to 10%.
- LoyaltyQuest uses behavioural gamification and runs campaigns for major retailers to design customer loyalty programs.
- Tebi and My Way develop software solutions for independent hospitality and retail businesses, such as point of sale, integrated payments, and mobile-first financial platforms.
- Confocal.nl creates advanced microscopes for researchers to study living cells using minimal laser light, avoiding alterations in living cells.
- LegatoXP, meanwhile, aims to innovate Wifi speakers and provide an open platform to simplify communication between home devices.
Read Full Article
10 Likes
Inc42
2w
247
Image Credit: Inc42
Nazara Arm Datawrkz Buys UK’s Growth Marketing Agency Space & Time
- Nazara Technologies' subsidiary Datawrkz has acquired 100% stake in UK-based growth marketing agency Space & Time for around INR 52.3 Cr in a cash and stock deal.
- Datawrkz plans to expand into Europe and North America by combining Space & Time's growth marketing expertise with its programmatic advertising capabilities.
- Datawrkz was founded in 2013 and focuses on accelerating user and revenue growth for clients through highly optimized digital advertising.
- Nazara Technologies has allocated $100 Mn for global expansion over the next two years and is actively acquiring stakes in various companies to strengthen its presence in the gaming and entertainment industry.
Read Full Article
14 Likes
Yourstory
2w
1.2k
Image Credit: Yourstory
Flipkart sees record 7.2B visits during festive season
- Flipkart experienced a record 7.2 billion visits during the festive season.
- The company witnessed a record 282 million unique visitors, driven by premiumisation and personalised preferences.
- Sellers on the marketplace platform saw 40-50% YoY growth, better offerings, and increased sales.
- Flipkart successfully concluded Samarth's dedicated sale event, showcasing over 25,000 unique handicraft products.
Read Full Article
5 Likes
VIE Stories
2w
1.3k
Image Credit: VIE Stories
Ayushmann Khurrana Invests in Birla Brainiacs
- Bollywood star Ayushmann Khurrana has invested in Techybrid ThinkTank Private Limited and become the brand ambassador for Birla Brainiacs.
- The collaboration aims to transform education in India by offering a comprehensive curriculum along with upskilling courses.
- Birla Brainiacs, founded by Nirvaan Birla, combines online and offline teaching to meet the changing demands of parents and students.
- Ayushmann Khurrana believes that Birla Brainiacs will empower children and prepare them for the future.
Read Full Article
21 Likes
Yourstory
2w
1.1k
Image Credit: Yourstory
Credgenics parent posts Rs 8.38 Cr profit in FY24
- Analog Legalhub, parent of Credgenics, recorded a net profit of Rs 8.38 crore in FY24, marking a reversal from the loss of Rs 12.62 crore in FY23.
- Total revenue increased by 72.38% year-on-year to Rs 155.58 crore in FY24, driven by the growing adoption of digital debt collection and resolution tools.
- Employee benefit expenses rose by 49.86% year-on-year to Rs 61.10 crore in FY24, while other expenses increased by 42.54% to Rs 85.64 crore.
- Credgenics, founded in 2018, offers a SaaS-based platform for efficient loan collections and debt recovery. It raised $50 million in a Series B funding round last year.
Read Full Article
2 Likes
Yourstory
2w
1.4k
Image Credit: Yourstory
Fintech lending platform MoneyView’s revenue surges 75% to Rs 1012 Cr in FY24
- Fintech lending platform MoneyView reported a 75% surge in revenue to Rs 1,012 crore in FY24.
- Profit for FY24 increased to Rs 171 crore from Rs 163 crore in the previous year.
- Total income rose by 105% to Rs 1,389 crore compared to Rs 677 crore in FY23.
- Expenses for FY24 reached Rs 1,190 crore, up from Rs 515 crore in the previous year.
Read Full Article
21 Likes
For uninterrupted reading, download the app