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AllTopStartups

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Business owners locked in “race against time” against Autumn Budget tax hikes, says tax expert

  • Business owners and investors in the UK are rushing to complete transactions before possible tax hikes in the Autumn Budget.
  • Expected changes include potential increases in Capital Gains Tax (CGT) and employers’ National Insurance contributions, revisions to Business Asset Disposal Relief (BADR), and tighter rules for carried interest.
  • The anticipation of tax reforms has led to a surge in pre-budget transactions as people aim to lock in gains under the existing rates.
  • Business groups express concerns that these changes could stifle economic growth, particularly among start-ups and SMEs.

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Yourstory

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Startup news and updates: daily roundup (October 29, 2024)

  • Propelld appoints Manoj Shetty as Chief Business Officer to focus on study abroad market.
  • Paytm launches Diwali-themed QR code to promote mobile payments during the festive season.
  • Ayushmann Khurrana becomes investor and brand ambassador for Birla Brainiacs hybrid home schooling platform.
  • Maini Group partners with SiMa.ai for autonomous mobility solutions, integrating SiMa.ai's ONE Platform for Edge AI into Virya Mobility's autonomous transport solutions.

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Medium

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Enhanced Lead Scoring with AI: Boosting B2B Efficiency and Conversions

  • Lead scoring is the process of ranking potential leads based on their perceived value to your business.
  • AI-driven lead scoring takes traditional methods to the next level by applying machine learning to vast datasets, identifying patterns, and predicting the likelihood of a lead converting.
  • Implementing AI-driven lead scoring has been a game changer, resulting in increased lead quality and more efficient resource allocation.
  • Challenges of AI-driven lead scoring include ensuring data quality and involving both marketing and sales teams in the process for alignment with business needs.

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Medium

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What Are The 4 Steps To Create An App?

  • Creating an app can feel like a daunting task, but it doesn’t have to be!
  • The first step in creating an app is to clearly define your idea.
  • Now that you’ve defined your app idea, it’s time to conduct some market research.
  • Design is a crucial aspect of app development, and it goes beyond just aesthetics.
  • Now comes the exciting part — development!
  • If you have programming experience, you might opt for native development.
  • If programming isn’t your forte, don’t worry!
  • Congratulations! You’ve now walked through the essential steps to create an app.
  • As you embark on this creative endeavor, keep in mind that the tech world is ever-evolving.
  • Staying up to date with trends and continuously seeking feedback can only strengthen your app and make it resonate with users.

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Inc42

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Amazon’s Logistics Arm Sees 7.6% Jump In Revenue, Narrows Net Loss By 6.9%

  • Amazon Transportation Services (ATS) reported a 7.6% increase in revenue in FY24.
  • ATS narrowed its net loss by 6.9% to INR 80 Cr.
  • Total expenses of ATS rose by 7% to INR 5,004 Cr.
  • Amazon is considering launching a standalone payments app in India.

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Gritdaily

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Integrate: Streamlining Complex Projects with Advanced Collaboration and Security

  • Integrate is a company that aims to simplify the management of ambitious hardware and software projects by offering a comprehensive program management system.
  • The platform bridges the gap between hardware and software integration, catering to industries such as aerospace, renewables, automotive, maritime, and government projects.
  • Integrate allows external collaboration and sharing of tasks, schedules, and project details while maintaining control over internal data.
  • With a focus on security and adherence to strict protocols, Integrate is trusted by government agencies and organizations dealing with sensitive projects.

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ISN

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'Minister Nitin Gadkari...when will government agencies intervene?': Kamra on Ola scooters' bad condition

  • Comedian Kunal Kamra urges Union Minister Nitin Gadkari to address rising complaints from Ola Electric customers.
  • Kamra shares a video showing Ola Electric scooters in bad condition at a service center.
  • Kamra questions when government agencies will intervene in the matter.
  • Netizens react to the video, sharing their experiences and opinions.

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Eu-Startups

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London’s emerging innovators: 10 early stage startups you should be keeping an eye on

  • London's thriving startup culture has cultivated innovative startups across various industries.
  • Adfin's AI-driven payment platform streamlines payment workflows for businesses. It has raised €4.5m in funding.
  • All Things Butter provides organic and sustainable butter. It has secured €3.3m in funding since its launch in 2023.
  • Amey provides critical infrastructure solutions in the UK with a focus on sustainability. It has raised over €281m.
  • Cocoon is a climate technology startup that helps industries manage waste and reduce carbon footprint. It has raised €5m.
  • Juniper offers reproductive health coverage to employees in need of support. It has raised €1.8m in funding.
  • Lynx has developed AI technology to prevent fraud and financial crime in real-time. It has raised €18m to enhance customer experiences.
  • Mimo is a payment platform for SMEs and bookkeepers, automating accounts receivable and payable. It has raised €18.5m.
  • Redpin provides trusted payment solutions for international property transactions. It has raised over €167m funding.
  • SODA.Auto offers a suite of tools to reduce vehicle development cycles, including software libraries and electronic control units. It has raised €7.2m to shape the future of automotive tech.
  • TRIVER empowers small UK businesses with accessible, on-demand financing options without incurring debt. It has raised €35.36m.

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ISN

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Edu-wealth startup Zinc raises $25.5 million in seed funding led by Nexus VP, others

  • Edu-wealth startup Zinc has raised $25.5 million in seed funding led by Nexus Venture Partners.
  • Other participants in the funding round include Quona Capital, EDBI, Global Ventures, and Saison Capital.
  • The funds will be used to drive innovation, expand offerings, and develop tools for global investments, AI-powered university counseling, and secure cross-border payments.
  • Zinc has obtained regulatory approvals to offer specialized investment advisory services, facilitate cross-border payments, and access global financial markets.

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Insider

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Data startup Matia just emerged from stealth with a $10.5 million seed round — check out its 11-slide pitch deck

  • Miami-based data operations startup Matia has secured $10.5 million in seed funding.
  • Matia helps companies simplify data collection and integration for AI applications.
  • The startup aims to create a single platform for companies to consolidate their data needs.
  • The funding round was led by Leaders Fund and Secret Chord Ventures.

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VIE Stories

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Vridhi Home Finance Secures Rs 310 Cr From Norwest, Others

  • NBFC Vridhi Home Finance has raised INR 310 Cr (around $36.9 Mn) in a Series B funding round led by Norwest Venture Partners.
  • The startup's founders and Elevation Capital, an existing investor, also participated in the round.
  • Vridhi Home Finance plans to use the new funds to expand into the current markets while maintaining a robust technological infrastructure.
  • The company emphasizes its investment strategy for client-centricity, appropriate risk management procedures, and a solid supply chain.

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Inc42

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CarTrade’s Shares Rally 52 Week High Post Q2 Results

  • Shares of CarTrade Tech reached a 52-week high of INR 1,090.05 during intraday trading.
  • CarTrade's stock settled at INR 1,052.80 per share, reflecting a gain of 0.90%.
  • The company's Q2 FY25 results showed a 509% YoY increase in net profit to INR 30.72 Cr.
  • CarTrade reported a 28.4% rise in revenue from operations, totaling INR 154.20 Cr for Q2 FY25.

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Medium

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How does a business market themselves?

  • Businesses must define their target audience and craft a compelling value proposition.
  • Building a strong brand identity is crucial for marketing success.
  • Effective marketing involves using multiple channels, both online and offline.
  • Creating valuable content and storytelling helps businesses connect with their audience.
  • Focusing on relationship building and delivering exceptional customer experiences is important.

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Medium

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Building a Strong Startup Team: Hiring and Retention Best Practices

  • Effective hiring and retaining practices build a strong team and foster innovation, resilience, and adaptability in the startup landscape.
  • Recruiting strategies like collaborating with specialized recruitment agencies can help source top talent, and promoting internal employees to key positions can boost morale and retain institutional knowledge.
  • Structured interviewing processes ensure consistency and fairness; diversity enriches a team with a wide range of perspectives and ideas, and open channels of communication build trust.
  • Effective onboarding goes beyond orientation and immerses the newcomers in the company’s culture, values, and expectations, enabling the new hires to feel welcomed and valued, reducing first-day anxieties, and fostering engagement.
  • A positive company culture is magnet for top talent, and a catalyst for employee retention and enhances employee satisfaction, engagement, and performance.
  • Offering fair and attractive compensation packages, acknowledging achievements, providing growth opportunities and promoting a healthy work-life balance are essential in retaining skilled employees.
  • Supporting employees in building resilience can improve their well-being and performance.
  • Startups can prioritize quality over speed and cultural fit while hiring to avoid poor hiring decisions.
  • A strong and diverse team is essential for startups to build resilience, enhancing employee satisfaction, and position the startup for long-term success in a competitive marketplace.
  • By adopting the practices outlined in this article, startups can create resilient teams capable of driving innovation and achieving business success.

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Medium

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Key Components of a Startup Business Strategy: Essential Insights for Every Entrepreneur

  • From defining my target audience to securing funding, each element plays a vital role in shaping my business’s future.
  • Creating a solid business plan involves several essential parts.
  • The executive summary gives a brief look at my business. It should include the mission statement, the product or service, and basic information about the company.
  • Market analysis is crucial for identifying my competition and understanding the industry landscape.
  • Here, I outline my business structure and management team.
  • This part explains how I plan to attract and retain customers.
  • In this section, I focus on what I’m selling or offering.
  • Here, I outline how much funding I need and how I plan to use it.
  • This section includes my forecasts for revenue, expenses, and profits over the next few years.
  • Knowing your target audience is key for any startup.
  • Creating a unique value proposition (UVP) is vital for my startup.
  • To build a strong team, I focus on finding the right people who share my vision.
  • To successfully launch a product or service, I focus on key steps like developing a prototype, conducting beta testing, and creating a clear launch roadmap.
  • In my experience, a strong marketing strategy is essential for a startup.
  • Successful startups need to keep a close eye on financial health.
  • Securing funding and managing resources are critical steps in building a successful startup.
  • Creating a solid growth strategy is essential for any startup.
  • Navigating legal considerations is crucial for any startup.
  • In this section, I focus on crucial aspects of technology and infrastructure for startups.

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