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Startup News
Inc42
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How Doodhvale Farms Is Taking On Dairy Conglomerates With Its Purity Promise
- Doodhvale Farms, a farm-to-home dairy brand, is aiming to tackle the issue of impurity and lack of transparency in the Indian dairy sector.
- The founders started the farm with the goal of eliminating shortcuts and malpractices in the dairy industry, ensuring complete transparency and freshness in their products.
- Unlike conventional brands, Doodhvale Farms conducts lab tests on every batch of milk and delivers it directly from the farm to the consumer, eliminating concerns of dilution or contamination.
- With its success, the company has witnessed remarkable growth and plans to further expand its presence, while preserving quality, transparency, and environmental responsibility.
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Inc42
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259
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MobiKwik Spins The Revenue Wheel
- MobiKwik, a Gurugram-based fintech company, has seen a decline in its stock value since its IPO, currently trading at INR 304.85.
- Higher-than-expected losses in the December quarter and a drop in revenue from lending business have contributed to the company's recent challenges.
- To counter these setbacks, MobiKwik is focusing on diversification by introducing new investment and wealthtech platforms, along with insurance broking.
- Despite a dip in lending revenue, MobiKwik's overall revenue from operations has seen an 18% YoY increase to INR 269.47 Cr.
- The company is looking to balance its lending portfolio by introducing new products and also aims to expand into wealthtech and insurance broking.
- MobiKwik faces strong competition in the wealth tech space from companies like Groww, Zerodha, and Paytm Money.
- The company's entry into investment tech includes the acquisition of a stake in Blostem Fintech to expand into fixed deposit aggregation.
- MobiKwik has over 17.2 Cr users but converting them to start investing through the platform poses a challenge amidst stiff competition.
- MobiKwik is taking steps towards becoming a super app but faces hurdles such as compliance issues and controls within the fintech industry.
- While MobiKwik aims for growth in revenue streams, it must navigate challenges in the market similar to those faced by Paytm and other fintech giants.
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Yourstory
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364
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AI for potato snacks; Exploring Murshidabadi cuisine
- Elon Musk's artificial intelligence company, xAI, has acquired social media platform X.
- Tesla sales declined 49% in Europe in January and February 2025.
- A forgotten masterpiece by painter MF Husain sold for $13.8 million at auction.
- HyFun Foods, an AI-based company, specializes in frozen potato-based snacks and serves major quick-service restaurant brands.
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Inc42
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373
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How BharatPe Went From INR 5,000 Cr Loss To Break-Even
- BharatPe has made a comeback from significant losses to a break-even point, a major feat considering its tumultuous past including controversies and leadership changes.
- The company became EBITDA positive for the first time in October 2024, marking a turning point in its journey towards profitability.
- One of the key factors in BharatPe's turnaround has been its shift in focus from payments to lending, with the acquisition of an NBFC license and a small finance banking license.
- The company's revenue has surpassed INR 1,787.8 Cr in FY25, indicating significant growth and progress from previous years.
- BharatPe's move towards acquiring an NBFC and a small finance bank has enabled it to offer a comprehensive suite of financial services to merchants and consumers, setting it apart in the fintech industry.
- The company has a registered merchant base of 18 million and emphasizes that its merchant business remains the core revenue driver, contributing to over 90% of its overall revenue.
- Besides focusing on merchant services, BharatPe is expanding into consumer payments, offering features such as bill payments, credit card bill payments, loyalty programs, investments, and loans to bridge the credit gap for digital-first consumers.
- BharatPe's expansion into the B2C segment is seen as a crucial pillar of its growth strategy, with offerings like co-branded credit cards and UPI-based credit lines gaining traction.
- The company is also eyeing an IPO in the next 10-12 months, following its achievement of full-year EBITDA profitability.
- BharatPe's focus on disciplined execution, corporate governance, and fiscal discipline has been highlighted as key drivers of its turnaround and path to profitability.
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Medium
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250
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What do you need to start a business if you have a logo, a name, an idea, and a passion, but not a…
- Ideas are worthless without tested, verified demand from the market.
- Passion alone is not enough to build a business; customers care about getting what they want or solving a painful problem.
- Starting a business without testing the market is like blindfolding yourself and running into a wall.
- To succeed in business, you need to test your product or service, offer, lead generation strategy, pricing, unique selling point, guarantees, marketing channels, and sales copy.
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Medium
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167
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When Your Startup Outpaces Your Team
- Scaling a startup is exhilarating and terrifying when the team isn't prepared for it.
- The problem lies in the human infrastructure and not revenue.
- Challenges include power struggles and a diluted vision when co-founders lack the ability to delegate.
- Hiring quickly to fill gaps can lead to mismatched skills, cultural misfits, and ethical concerns.
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Economic Times
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New Rs 10,000-crore fund to boost startup ecosystem
- The Indian government has allocated Rs 10,000 crore for the Startup India Fund of Funds (FFS) to boost the startup ecosystem.
- The introduction of the option for reinvestment of alternate investment funds (AIFs) is expected to lead to faster exits and increased liquidity.
- The previous cohort of Rs 10,000 crore has yielded a 15% gain, bringing the total corpus to Rs 11,000 crore.
- The government aims to increase capital availability, catalyze private investments, and support startups in tier-2 and tier-3 cities, and women empowerment.
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TechCrunch
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Sam Altman firing drama detailed in new book excerpt
- An excerpt from the upcoming book reveals details about why OpenAI briefly fired CEO Sam Altman back in 2023.
- OpenAI's board members raised concerns about Altman's personal ownership of the OpenAI Startup Fund.
- Co-founder Ilya Sutskever and CTO Mira Murati provided evidence of Altman's alleged toxic and dishonest behavior.
- Despite the attempt to oust him, Altman returned and Sutskever and Murati left to launch their own startups.
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Medium
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162
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Something interesting I realized today
- A few years ago, the author had an epiphany that helped simplify the art of making money.
- The author believes that the key to making money is exchanging value for it.
- Money is primarily a medium of exchange or means of exchange.
- To make money, the author suggests finding something of value, finding people who need it, and then exchanging it for money.
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9 Likes
Medium
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219
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How to Monetize Your Mind
- You can turn your mind into money.
- To monetize your mind and turn it into a successful business, you need to have a skill or body of knowledge that you enjoy, build an audience of people interested in your topic, and offer a product or service that people are willing to pay for.
- It's important to avoid building a large audience around a vague topic that is not easily monetizable.
- The two best business models for beginners are to offer a product or service you enjoy making and that people want to buy, or to position and package your knowledge in a way that makes it valuable and tangible for customers.
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Inc42
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321
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India Pitches FATF To Relax Rules For UPI’s Growth
- India urges FATF to relax compliance mandates for cross-border payments via UPI
- Compliance requirements for UPI hindered by rules exempting payment networks like Visa and Mastercard
- RBI governor suggests making FATF's travel rule technology-neutral
- India aims to take UPI global and increase cross-border payments, putting it in competition with Visa and Mastercard
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Startup Pedia
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4
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Finance Minister Waives Off Import Duties To Zero On EV Components, Claims It Part Of Strategy, Not Pressure From Trump
- Finance Minister Nirmala Sitharaman has waived off import duties on EV battery components, reducing them to zero.
- The decision is a part of a long-standing plan to ease compliance and align with evolving global tax norms.
- The waiver is not linked to pressure from the U.S. or the ongoing global trade tensions.
- The move supports India's aspiration to be a manufacturing hub and build capacities for battery manufacturing and advanced chemistry.
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Medium
3w
369
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Who Needs Original Ideas? Just Find a Broken Product and Improve It
- To build a product, it is important to find a problem and solve it alongside the person facing that problem.
- Finding a real problem worth solving can be a challenge unless you have experienced a similar pain point yourself.
- Identifying problems is influenced by personal experiences, background, and worldview.
- When aiming to solve a problem with broad appeal, it is essential to think globally.
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Dev
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290
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Life After Graduation: A New Chapter
- The author shares their journey of post-grad life and the challenges they faced in finding a job as a software developer.
- After being laid off from their first remote developer job, the author focuses on a side project they started with a friend during college.
- Despite facing discouragement in their job search, the author decides to go all-in on their project and shares their experiences on building something of their own.
- The author invites feedback, constructive criticism, and suggestions from readers.
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ISN
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Image Credit: ISN
Grow Indigo raises $10 million to expand carbon farming initiatives in India
- Agritech startup Grow Indigo has raised $10 million in funding from British International Investments (BII) to expand its sustainability initiatives in India.
- The funding will be used to accelerate the company's carbon farming program and enroll more smallholder farmers in its regenerative agriculture practices.
- Grow Indigo promotes low-emission farming techniques and generates carbon credits, which are sold to corporations aiming to offset their environmental footprint.
- The startup plans to scale its impact across millions of farmers in the next two years, with the support of BII's investment.
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