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Startup News
Economic Times
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Image Credit: Economic Times
Setting a new standard in startup investment: Turbostart launches TS Bridge on its fifth anniversary
- Turbostart has launched TS Bridge, a platform designed to connect investors with rigorously vetted, high-potential startups.
- TS Bridge distinguishes itself by offering investors opportunities to invest in promising startups along with Turbostart itself.
- The platform features two distinct investment categories: Scout, focusing on campus-led innovation, and Rise, catering to ventures up to Series A.
- Each COE brings together industry experts and methodologies to help portfolio companies overcome challenges and accelerate growth.
- TS Bridge's technology infrastructure offers investors a seamless experience with real-time portfolio tracking, comprehensive due diligence reports, and regular updates on startup progress.
- Venkat Raju, CEO of Turbostart Global, expressed his excitement about the launch and said that with TS Bridge they aim to transform angel investing by providing a co-investment platform backed by Turbostart’s expertise and insights.
- Turbostart's vision extends beyond just connecting investors and startups; through TS Bridge, it aims to create a new standard in startup investing.
- TS Bridge is creating a more transparent, efficient, and accessible startup investment ecosystem.
- Turbostart aims to support more than 250 startups with over 700 investors and 600 team members, ready to drive innovation across continents.
- Turbostart's platform will serve as a gateway for global investments, driving value creation and expanding access to high-growth startups worldwide.
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Yourstory
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191
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Indian car buyers prioritise safety over mileage
- The Indian automotive industry is witnessing a shift, as car buyers prioritize safety over mileage.
- Over 70% of car buyers in India now view safety ratings as the most important aspect of vehicles.
- Factors driving this change include increased awareness of road safety, government initiatives, and comprehensive safety testing.
- Car manufacturers are responding by enhancing safety protocols and introducing vehicles with advanced safety features.
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Medium
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191
Image Credit: Medium
Automating Email Marketing Campaigns with AI: What You Need to Know
- AI brings intelligence and efficiency to email marketing by analyzing customer data to segment audiences, personalize content, and schedule emails for optimal engagement.
- Key benefits include personalization at scale, optimized send times, content creation assistance, automated A/B testing, and improved analytics.
- To automate email marketing campaigns, choose an AI-powered tool like Mailchimp, HubSpot, or ActiveCampaign and start with simple workflows before incorporating more advanced AI functionalities.
- AI automation in email marketing builds deeper, personalized connections with customers, boosting engagement and conversions.
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Ketto
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399
Image Credit: Ketto
Meaning of Crowdfunding and its Definition
- Crowdfunding is the use of a small sum of money from a large number of people to fund a new business initiative.
- Crowdfunding connects investors and entrepreneurs by making the easy accessibility of vast networks of people via social media and crowdfunding websites.
- Crowdfunding has quickly become the fastest way of fundraising for many humanitarian causes and business support in India.
- A fundraiser usually involves three parties: the beneficiary, the crowdfunding platform, and the donors.
- In a country like India, three types of crowdfunding are prevalent - donation based, reward-based, and lending from peers.
- The most obvious benefit of crowdfunding for a start-up company or individual is the ability to gain access to a larger and more diverse pool of investors/supporters.
- Equity-based crowdfunding is gaining traction in India as it allows startups to raise funds without giving up control to venture capitalists.
- Crowdfunding is also useful in securing funds for poor people who cannot afford the costs of serious illnesses such as cancer and kidney transplants.
- Donations to certain non-profit organizations in India are tax deductible and individuals may be eligible for a tax deduction of up to 100%.
- However, investors must carefully assess the cause they are contributing to due to the occurrence of cybercrime and cases of fraud, especially when it comes to crowdsourcing donations for cancer treatments.
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Medium
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195
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How to Develop a Winning Business Strategy: 5 Actionable Steps for Success
- Crafting a successful business strategy requires analyzing the market and identifying business goals through a SWOT analysis.
- Assessing your target audience and creating a vision and mission statement are also essential components.
- Setting short and long-term goals, establishing a unique value proposition, and allocating resources wisely are keys to strategic planning.
- Creating a Balanced Scorecard to monitor performance and adapting to market trends help companies stay ahead of competitors and drive growth.
- Regularly evaluating performance metrics and prioritizing customer and employee satisfaction ensure sustainable growth for long-term success.
- A successful business strategy includes clear goals, a well-defined market position, and a focus on customer needs and resources.
- Effective implementation involves setting timelines, communicating with stakeholders, and adjusting for market changes.
- Common strategies for success include differentiation, cost leadership, and focusing on niche markets.
- Key factors to measure include financial performance, market share, customer satisfaction, and employee engagement.
- Regular review of these factors helps identify performance gaps and areas where the strategy needs adjustment for sustained growth.
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SiliconCanals
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139
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UK’s Semble bags €13.8M funding to reduce the administrative burden on medical professionals: Here’s how
- London-based healthcare software company Semble has raised €13.8M in a Series B funding round led by Mercia Ventures.
- The funds will be used to consolidate Semble's position in the UK market and expand its presence in France.
- Semble aims to reduce the administrative burden on medical professionals by providing an integrated clinical system.
- The platform is currently used by over 10,000 healthcare professionals in the UK and France.
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Medium
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47
Image Credit: Medium
Mastering the Un-Pitch: How Ditching the Script Can Steal the Show in the World of Startups
- Mastering the Un-Pitch: How Ditching the Script Can Steal the Show in the World of Startups
- In the startup world, a “pitch” is a common term for a presentation often seen in business competitions and startup events.
- Pitching is deeply embedded in American business culture and allows entrepreneurs to showcase their ideas or products to investors.
- The author, running a company focused on AI development projects, shares a unique way to break through the disconnect and grab attention during pitches.
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TechRound
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56
Image Credit: TechRound
Top Unicorns in Chile
- Chile's economy ranks fifth in Latin America and has a supportive government for startups.
- Chile has a growing talent pool and access to funding and venture capital.
- Chile's strategic location enables startups to expand into other Latin American markets.
- Chile is home to two unicorns: NotCo valued at $1.5 billion and Betterfly valued at $1 billion.
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Yourstory
2w
230
Image Credit: Yourstory
AI startup Auquan secures $4.5M led by PeakXV
- London-based AI startup, Auquan, has secured an additional $4.5 million in its seed funding round led by Peak XV's Surge, bringing its total seed funding to $8 million.
- Auquan aims to automate mundane tasks in the financial industry using AI, allowing professionals to reclaim their time.
- The company plans to expand its engineering team in Bengaluru and develop its Retrieval-Augmented Generation (RAG) and AI agent architecture.
- Auquan serves global asset managers, investment banks, and private equity firms by providing analysis, decision-making support, and operational efficiency.
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Yourstory
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352
Image Credit: Yourstory
Lockton gets IRDAI nod to acquire Arihant Insurance Broking
- Lockton has received IRDAI approval to acquire Arihant Insurance Broking Services Limited.
- Lockton aims to address the growing demand for advanced risk consulting and management services in the Indian market.
- Arihant Capital Group decided to sell its insurance broking business to focus on its core equity broking arm and explore other business opportunities.
- Lockton plans to leverage its global resources and industry knowledge to deliver tailored insurance solutions in India.
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21 Likes
ISN
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985
Image Credit: ISN
Fintech unicorn BharatPe enters investment market with new app ‘Invest BharatPe’
- Delhi-based fintech unicorn BharatPe has launched a new app called Invest BharatPe, expanding into the investment market.
- The app offers digital gold as its first investment product, allowing users to invest in pure 24-karat gold with a minimum entry point of Rs 100.
- BharatPe plans to expand the app's offerings with other investment options in the future, including fixed deposit products and mutual funds.
- The launch of Invest BharatPe reflects the company's strategy to diversify into consumer financial services and attract a wider audience in the fintech market.
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Yourstory
2w
69
Image Credit: Yourstory
Razorpay posts nearly 5X increase in PAT in FY24 as payment gateway biz soars
- Razorpay's payment gateway business saw a 24% YoY revenue growth in FY24 at Rs 2,068 crore.
- Revenue from other services fell by 34% YoY to Rs 407 crore.
- Total income rose by 9% to Rs 2,501 crore in FY24.
- Profit after tax increased nearly 5X to Rs 34 crore in FY24 compared to Rs 7 crore in the previous fiscal year.
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Startup Pedia
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34
Image Credit: Startup Pedia
This Dhanteras Blinkit & Others Announce Gold & Silver Delivery in Just 10 Mins at Your Doorstep
- Blinkit founder, Albinder Dhindsa announced that gold and silver coins can be ordered through the Blinkit app and delivered within 10 minutes on Dhanteras.
- India's quick-commerce platforms, including Blinkit, BigBasket, and Swiggy Instamart, are now delivering gold and silver coins in just 10 minutes.
- Collaborations with reputed jewelers like Malabar, Joyalukkas, and MMTC have been made to provide authentic gold and silver coins.
- Quick-commerce platforms are expanding their services beyond groceries to cater to festive shopping needs and last-minute purchases.
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ISN
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156
Image Credit: ISN
Indian fintech firm Cashfree Payments secures RBI's PPI license
- Indian fintech firm Cashfree Payments secures RBI's PPI license.
- Cashfree Payments is one of the first fintechs to receive the PA, PA-CB, and PPI licenses from RBI.
- The PPI license enables Cashfree Payments to provide enhanced digital payment solutions through prepaid instruments.
- Cashfree Payments supports over 600,000 businesses, processes $80 billion in transactions annually, and is expanding internationally.
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9 Likes
Inc42
2w
13
Image Credit: Inc42
NBFC Finova Capital Nets $135 Mn To Expand Loan Book
- Jaipur-based NBFC Finova Capital has raised $135 Mn in a Series E funding round.
- The funding round included participation from Avataar Venture Partners, Sofina, Madison India Capital, and existing investor Norwest Venture Partners.
- Finova Capital plans to utilize the funds to expand its loan book, invest in technology, and expand its market presence.
- Founded in 2015, Finova Capital offers MSME business loans and home loans in semi-urban and rural areas.
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