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Yourstory
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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.
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TechRound
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The Laundry Startups Changing How We Wash Our Clothes
- The UK laundry market generated £3.5 billion in 2020.
- Startups are leveraging technology to innovate the laundry industry.
- Some startups are focused on eco-friendly laundry services.
- Others provide convenient and efficient laundry solutions.
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Insider
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Evertune is building marketing analytics tools for LLMs. Check out the pitch deck it used to launch from stealth with $4 million in seed funding from Eniac.
- Evertune has raised $4 million in seed funding from Eniac Ventures, Nextview, and Roger Ehrenberg.
- The startup offers marketing analytics tools to help brands boost their SEO on LLMs like ChatGPT.
- Evertune's platform focuses on what AI models say about a brand, compares companies to competitors, and identifies strengths and weaknesses.
- The company is integrated with LLMs including ChatGPT, Gemini, Llama, Claude, and Perplexity.
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Hitconsultant
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Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment
- Innoventric, a leader in transcatheter tricuspid regurgitation (TR) treatment, has secured $28.5 million in a Series B funding round.
- The funding will be used to advance clinical trials and expand regulatory approvals in the US and Europe.
- Innoventric's flagship device, utilizing a unique cross-caval approach, aims to restore function to the tricuspid valve without directly interacting with the heart.
- The device offers broad patient applicability, innovative anchoring technique, and a streamlined procedure, revolutionizing tricuspid valve treatment.
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Yourstory
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Ford's CEO Drives a Xiaomi EV and Can’t Get Enough: What This Means for Global EV Competition?
- Jim Farley, Ford’s CEO, has been driving a Xiaomi EV, specifically the SU7, for over half a year.
- His choice symbolizes the rising influence of Chinese EVs on global markets and the potential disruption they pose to established automotive giants.
- The Xiaomi SU7 is a sedan that combines Xiaomi's tech heritage with automotive engineering and has gained popularity among tech-driven consumers.
- Farley's endorsement of the SU7 offers insights into how future Ford models might need to adapt to compete in the evolving EV market.
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Yourstory
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225
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India's Electronics Odyssey: From Biggest Buyer to Global Supplier?
- India's electronic manufacturing sector is now working towards self-reliance, with hopes of becoming a significant exporter, and has recent strides in manufacturing, robust policy support, and growing foreign investment.
- India's electronics imports hit $76 billion in 2023, making it India's second-largest import category after crude oil.
- Between 2017 and 2022, India’s electronics production nearly doubled, reaching $101 billion, driven primarily by mobile phone manufacturing, which now accounts for 43% of the country’s electronics output.
- As of FY24, India’s electronics exports grew by 23.6% to $29.12 billion, signifying the sector's potential to contribute substantially to India’s export portfolio.
- The Indian government has rolled out a series of strategic policies to bolster local manufacturing, reduce import dependency, and turn India into an export hub.
- India’s large pool of young, skilled workers is a significant asset. Labor costs in India are relatively lower than in many competing manufacturing hubs like China, making it a cost-effective choice for electronics production.
- Several global giants have embraced India’s manufacturing ecosystem including Apple, Samsung, and Micron.
- Despite advancements, value addition remains around 15–20%. India’s long-term goal is to achieve 35–40% value addition by FY30, which requires strengthening local supply chains and investing in R&D for components manufacturing.
- To reduce this dependency, India will need advanced manufacturing facilities and substantial R&D investment.
- India’s transition to a net electronics exporter is a long-term goal but appears achievable with sustained policy support, large-scale investments, and a commitment to strengthening local manufacturing.
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Medium
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Kirana Stores vs. Quick Commerce: A Shift in India’s Retail Landscape
- Quick-commerce platforms like Blinkit, Zepto, and Swiggy Instamart are challenging the traditional kirana store model in India.
- Kirana stores have thrived on personalized service, flexibility, and strong customer relationships.
- Quick commerce offers instant delivery and a wide range of products, appealing to urban consumers.
- Kirana stores are adopting digital solutions and partnering with e-commerce platforms to remain relevant in the changing retail landscape.
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Medium
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What Will a Typical Developer’s Life Look Like in 2026?
- In 2026, developers will focus on setting high-level objectives for AI autopilots to produce code.
- Testing will become almost fully autonomous with AI-driven autopilot systems.
- Developers will shift their focus to designing application blueprints and architecture.
- By 2026, developers will work closely with users, acting as product strategists and problem-solvers.
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SiliconCanals
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Belgian startup Wobby secures €1.1M for its AI information platform for knowledge workers
- Antwerp-based startup Wobby has secured €1.1M in seed funding for its AI-powered information platform.
- The investment came from Belgian and international funds including Shaping Impact Group’s SI3 fund, V-Ventures, and imec.istart.
- Wobby's platform aims to make data-driven decisions accessible to knowledge workers by centralizing research and reporting tools.
- The funds will be used to expand into new European markets and initiate commercial activities in the United States.
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Eu-Startups
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Antwerp-based Wobby raises €1.1 million for its AI information platform for knowledge workers
- Antwerp-based AI information platform Wobby has raised €1.1 million in a seed funding round.
- The funding will be used to expand into new European markets and make commercial moves in the US.
- Wobby collects, analyzes, and reports data using AI, providing knowledge workers with accurate information.
- The platform aims to save time and improve efficiency for knowledge workers in various sectors.
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SiliconCanals
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Eindhoven-based ANTENNEX secures €1.5M from Value Creation Capital and BOM
- ANTENNEX, a company specialised in antenna measurement solutions, has secured €1.5M seed funding from Value Creation Capital (VCC) and Brabantse Ontwikkelings Maatschappij (BOM). The funding will be used to accelerate commercial expansion and improve antenna testing and measurement landscape.
- ANTENNEX, founded as a spin-off of Eindhoven University of Technology, simplifies complex antenna measurements through proprietary hardware and smart algorithms. Its flagship product, The Wireless Connector, offers faster and more efficient measurement capabilities for wireless communication, autonomous radar, and sensing.
- Value Creation Capital (VCC) welcomes ANTENNEX to its Deep Tech portfolio and supports its international ambition and growth. BOM collaborates with VCC to provide business development support and investment to facilitate the deployment of advanced wireless technologies.
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ISN
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E-commerce unicorn Meesho’s revenue jumps 33% to Rs 7,615 crore in FY24
- E-commerce unicorn Meesho reports 33% revenue jump to Rs 7,615 crore in FY24.
- Adjusted losses narrow sharply by 97% to Rs 53 crore in FY24.
- User engagement grows with 145 million unique annual transacting users and increased order frequency.
- Logistics optimization through Valmo results in a 5% cost reduction.
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Yourstory
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Festive season sales: Fashion, personal electronics emerge as top categories; digital & credit payments turn popular
- The top-selling categories this season include beauty, personal electronics, home and kitchen products.
- The first set of the festive season sales is expected to end with Diwali.
- During the first 10 days of the sale season, online sales were 16% higher compared to last year.
- The gross merchandise value was also 16% higher in Unicommerce platforms.
- During the festival sales, fashion emerged as the top category driven by ethnic wear, especially for the upcoming wedding season.
- Gold and diamond jewellery purchases, especially lab-grown diamonds, witnessed a 5X spike on Amazon.
- Amazon's Great Indian festival witnessed a record 11 crore customer visits in the first 48 hours.
- Flipkart's sale started on September 27 and ended on October 26 with total of 33 crore user visits during early access and day 1.
- Amazon noticed a growing usage of digital payment methods among its users.
- Industry watchers expect festive sales in offline markets to shift towards quick commerce platforms in the near future.
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Medium
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Top 10 Profitable Startup Ideas for Women in India in 2025
- Kids’ Training Classes: Running an activity center for kids can deliver both fun and learning.
- Small-scale Manufacturing: Producing handcrafted soaps, candles, or cosmetics at home can be profitable.
- Mobile Beauty Services: Offering quick and quality beauty care at home can cater to females in need.
- YouTube Channel for Daily Tips: Creating a channel with easy home tips, recipes, or health tips can generate revenue through ads.
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Startupreporter
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Presenting Press Release Wire- Get Media’s Attention And Drive More Business Success
- Press Release Wire, a press release distribution company in Pune, is committed to helping brands drive more business success by getting the media's attention.
- They offer tailored press release distribution packages that provide brand coverage, increase website traffic, and offer immediate exposure.
- The cost-effective packages serve as an alternative to expensive digital marketing options and help brands save money.
- Press Release Wire's services include press release curation, distribution, boosting website traffic, and capturing the attention of journalists.
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