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Startupreporter
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Beyond Business: How Manish Pareek Built a Purpose-Driven Brand from Scratch
- Manish Pareek, the founder of Eori, has built a purpose-driven brand focused on creating a plastic-free, plant-based alternative to traditional leather.
- Eori aims to provide a cruelty-free option without compromising on quality, durability, or price.
- The company's biomimicry approach replicates the tensile strength, flexibility, and breathability of traditional leather using a patented bio-scaffold made from plant-derived cellulose.
- Eori plans to expand manufacturing capabilities, shift to renewable energy sources, and continue refining performance characteristics to achieve genuine sustainability without animal-derived components or petroleum-based plastics.
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Yourstory
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Startup Mahakumbh 2025: India’s largest startup gathering returns to New Delhi
- The second edition of Startup Mahakumbh, the world's largest startup gathering, will be held from April 3 to 5, 2025, in New Delhi.
- Over 3,000 startups, 1,000 investors, and 10,000 international delegates are expected to participate, along with 50,000 business visitors.
- The event aims to foster collaboration between startups, investors, and policymakers, supporting India's entrepreneurial ecosystem.
- Prominent speakers, dedicated sector-focused pavilions, and notable startups will be featured, including Bollywood celebrities-turned-investors.
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Insider
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The creator of Kind Bars is now investing in longevity. Here's what his firm is betting on.
- Kind Snacks founder Daniel Lubetsky has launched a venture firm, Camino Partners, focused on longevity investing.
- Camino Partners has made its first longevity investments in companies such as the fitness chain Barry's, medical spa acquirer WellLabs, and home health company LiveWell.
- The firm aims to back businesses in the longevity space that align with natural solutions in areas like exercise, nutrition, and sleep.
- Camino Partners is focusing on growth-stage investments with demonstrated traction and efficacy, aiming to provide evidence-based longevity solutions.
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ISN
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Logistics startup Shadowfax converts to public entity, all set for IPO launch
- Logistics startup Shadowfax has converted from a private company to a public company in preparation for its initial public offering (IPO).
- The board of Shadowfax approved the resolution to change its status and the company is expected to file a draft red herring prospectus for the IPO in the coming months.
- Founded in 2015, Shadowfax started as a hyperlocal delivery service for food ordering platforms and has grown into a third-party logistics provider serving major e-commerce players.
- In the fiscal year ending March 2024, Shadowfax reported a 33.2% YoY increase in revenue and achieved EBITDA profitability with an operating profit of Rs 23 crore.
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Medium
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Bet on Boring: Why the Most Understated Startups Win Big
- The most successful startups are often the most underappreciated ones.
- These startups solve overlooked problems with precision and operate behind the scenes.
- Investors are increasingly betting on 'boring' companies with low churn, high LTV, and multi-year contracts.
- The best businesses focus on fixing something others ignore and become indispensable in the long run.
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Eu-Startups
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Backed by Meta and Nvidia, Covision Media raises €5 million to lead the 3D content revolution
- Covision Media, a Bressanone-based company, raises €5 million in seed funding to expand and develop its 3D scanning technology for global commercialization.
- The investment round was led by the Artificial Intelligence Fund of CDP Venture Capital, Euregio+, and Redstone, along with a group of high-profile angel investors.
- Covision Media's 3D scanning technology is used for automating the production of reality-grade 3D models and driving the development of new software-driven 3D AI products.
- The funding will support the enhancement of generative AI models and the expansion of 3D content applications, catering to industries such as e-commerce, gaming, and industrial production.
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Eu-Startups
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Backed by Meta and Adidas, Covision Media raises €5 million to lead the 3D content revolution
- Covision Media has raised €5 million in a seed funding round to lead the 3D content revolution.
- The funding will accelerate the development and commercialization of Covision's 3D scanning technology.
- Key investors include Meta, Adidas, CDP Venture Capital, and Redstone.
- Covision Media's technology is transforming 3D content creation in industries like fashion, gaming, and industrial production.
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Medium
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Game Over? Ubisoft’s Slow Fade to Black
- Ubisoft's game Shadows became a subject of controversy, with mixed reactions from players and critics.
- Despite boasting three million players globally, Shadows received criticism for various aspects including its disrespectful portrayal of Japan's history.
- Ubisoft has faced challenges with previous game releases leading to significant stock value decline and a substantial debt pile.
- Shadows was anticipated to be a redemption title for Ubisoft but has faced setbacks with player reactions and gameplay criticism.
- While Ubisoft highlights Shadows as a success, questions arise regarding the actual number of game buyers versus players.
- The engagement and reception of Shadows on platforms like Steam indicate a less enthusiastic response compared to previous Ubisoft titles.
- Ubisoft's strategic move to license its top IPs to Tencent reflects a shift in the industry towards collaboration and restructuring.
- The internal atmosphere at Ubisoft is tense, with concerns about potential layoffs and a focus on profitability amidst ongoing challenges.
- The evolving landscape of AAA gaming involves shifting player preferences, increased competition, and the need for innovation to stay relevant.
- Ubisoft's future success may hinge on its ability to adapt, deliver quality content, and navigate the changing dynamics of the gaming industry.
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SiliconCanals
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Amsterdam’s FINOM enters SME lending: first credit line issued in the Netherlands
- Amsterdam-based FINOM has issued its first credit line to a small business in the Netherlands.
- The initiative is led by FINOM Growth, the company’s dedicated credit solutions division.
- The pilot program addresses a critical financing gap for small and medium-sized businesses in the Dutch market.
- FINOM aims to build a comprehensive financial ecosystem for European businesses with its lending and banking solutions.
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Startupreporter
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Immerse in a World of Extraordinary Stories with Angie’s India
- Anjaleka (Angie) Kripalani, Promoter and Interior Architect, has been breaking conventional barriers in interior design for 24 years.
- Angie's India, a show hosted and produced by Anjaleka Kripalani, features interviews and stories of distinguished individuals who have contributed to various sectors in India.
- The show showcases esteemed guests who have excelled in their respective fields, celebrating inspiration, courage, and the pursuit of excellence.
- Angie's India aims to honor the contributions of India's extraordinary heroes and bring their work closer to viewers.
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Startupreporter
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Mirchi Mumbai’s ‘Toote & Phoote’ Take over the Streets
- A road safety campaign called 'Toote & Phoote' was held in Mumbai by Mirchi Mumbai in collaboration with RTO Mumbai.
- The campaign featured accident-prone mascots Toote & Phoote who humorously embodied the consequences of reckless driving.
- The initiative involved engaging with citizens through humorous slogans and interactive radio segments, sparking conversations about road safety.
- The campaign received a positive response and created curiosity, leading to widespread discussions, social media sharing, and increased awareness about road safety.
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Inc42
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Foxconn To Double Down On iPhone Manufacturing In India In 2025
- Foxconn is planning to double iPhone production at its India facilities in 2025.
- The company has been conducting tests at its new Bengaluru facility to check the production capabilities at scale.
- Once completed, the Bengaluru unit will have the capacity to assemble 20 million smartphones annually.
- Apple aims to produce 32% of its global iPhone production volume and 26% of its value in India by 2026-27.
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ISN
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'Broke, not Broken. We will rise again': Byju Raveendran promises comeback and Byju's relaunch
- Byju Raveendran, the founder of troubled edtech startup Byju’s, has expressed determination to rebuild the company after months of financial turmoil.
- Despite facing deep financial distress, debt, layoffs, investor lawsuits, and regulatory scrutiny, Raveendran pledged to rehire former employees once the company is relaunched.
- Byju’s, once India’s most valued startup, has lost billions in valuation, missed loan repayments, and faced criticism from customers and employees.
- Since its inception, Byju's has raised over $6 billion in funding from investors.
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Inc42
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Startup Mahakumbh To Amplify Collaboration Between State & Startup Ecosystems: SIDBI’s Manoj Mittal
- India's startup ecosystem is focusing on capital accessibility, founder support, and policy-backed initiatives for growth, with SIDBI managing the INR 10K Cr Fund of Funds for Startups.
- SIDBI is organizing Startup Mahakumbh to facilitate collaboration between startups, investors, and government stakeholders, with a focus on sector-specific growth and innovation in Tier II and III cities.
- The Fund of Funds initiative has mobilized INR 92K Cr investments, supporting over 1,200 startups and facilitating job creation and economic growth.
- SIDBI plans to expand the FFS ambit to support early-stage startups in Tier II and III cities, sectoral funds, diversity in entrepreneurship, and MSME linkages.
- Collaborating with state governments, launching awareness programs, and tie-ups with academic institutions are key strategies to foster innovation in Tier II and III cities.
- SIDBI has set up various funds and initiatives to invest in startups, along with mentorship programs and support for first-time entrepreneurs.
- Events like Startup Mahakumbh play a crucial role in catalyzing the startup ecosystem by providing networking opportunities and exposure to investors and mentors.
- Features of Startup Mahakumbh like Investor Connect, Networking Sessions, Mentorship Workshops, and Technology Showcases are aimed at empowering early-stage startups and MSMEs.
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SiliconCanals
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Germany’s Isar Aerospace conducts first test flight of its rocket; calls it ‘great success’ despite crashing seconds after takeoff
- Germany’s Isar Aerospace conducted the first test flight of its Spectrum launch vehicle from Andøya Spaceport in Norway.
- The test flight lasted approximately 30 seconds before the launch vehicle fell into the sea in a controlled manner.
- The company plans to review the data from the test flight to make improvements for future missions.
- Isar Aerospace is working on the production of launch vehicles for the second and third flights of its Spectrum series.
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