menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

Startup News

source image

Medium

1M

read

341

img
dot

Image Credit: Medium

The Hidden Cost of Over-Engineering: A Startup Post-Mortem

  • A startup aimed to create a unified solution for four core pillars of DAO operations.
  • The team aimed to revolutionize how DAOs operated with a comprehensive platform.
  • The team's enthusiasm led to over-engineering their tech stack, creating unnecessary complexity for a simple MVP.
  • The founder's mistake was applying enterprise-level practices without considering the startup's stage.
  • The story serves as a cautionary tale, highlighting the importance of simplicity and practicality in tech solutions for startups.
  • Success in startups is about solving real problems for users quickly, learning, and adapting efficiently.

Read Full Article

like

20 Likes

source image

TechBullion

1M

read

413

img
dot

Image Credit: TechBullion

Unconventional Ways Startups Boost Efficiency: Founders Share Advice

  • Experienced entrepreneurs share unconventional strategies to boost efficiency and productivity in startups.
  • Examples include leveraging white-label solutions for payments, competency-driven hiring frameworks, and using asynchronous video updates instead of traditional meetings.
  • Founders emphasize the importance of focusing on growth, talent strategy, and clear communication within teams for operational efficiency.
  • Strategies like ruthless client selectivity, remote first model, and AI-powered lead prioritization are highlighted for operational success.
  • Utilizing tools like Notion as an operating system, automating content creation from podcasts, and hiring advertisers as sales reps are unconventional yet effective methods shared.
  • Encouraging spontaneous collaboration, implementing asynchronous systems, and conducting written narrative updates instead of status meetings are suggested for enhanced teamwork and efficiency.
  • Cultivating a vision-centered team, enforcing 'no-meeting weeks,' and eliminating job titles to focus on skills and outputs are cited as practices for promoting engagement and productivity.

Read Full Article

like

24 Likes

source image

Inc42

1M

read

355

img
dot

Image Credit: Inc42

FDA Revokes Suspension Of Zepto’s Dharavi Warehouse Licence

  • FDA revoked the suspension of Zepto's food business licence at Dharavi warehouse due to non-compliance.
  • Reinstatement followed detailed re-inspection and compliance report submission by Zepto.
  • Zepto's commitment to adhering to food safety standards was emphasized.
  • The company successfully appealed the suspension after a hearing on June 13.
  • Zepto was found violating food safety regulations with fungal growth and expired products.
  • The cold storage maintenance of the facility did not meet safety standards.
  • Maharashtra FDA also revoked Blinkit's dark store licence in Pune over food safety concerns.
  • Zepto postponed its IPO plans to 2026, aiming for a listing in the second half of the year.
  • Financially, Zepto saw a revenue jump but marginal reduction in cash burn for FY24.
  • Quick commerce platforms like Zepto have been criticized for health hazards and dark patterns.
  • Consumers complain about conditions of food products and pricing strategies of quick commerce giants.
  • Authorities advise ecommerce players to avoid deceptive and unfair trade practices.

Read Full Article

like

21 Likes

source image

Medium

1M

read

359

img
dot

Image Credit: Medium

Track Your Dev: A GitHub-Powered Dashboard for Non-Tech Teams

  • TrackYourDev is a new GitHub-powered dashboard designed for non-tech teams.
  • The platform provides visual overviews of developer activity without requiring GitHub expertise or coding knowledge.
  • It is aimed at bosses, project managers, and startup founders who need insights into GitHub without diving into technical details.
  • TrackYourDev differentiates itself by focusing on team members who are not developers.
  • Current features include connecting GitHub repos to generate clear activity summaries.
  • The platform addresses the gap where non-tech team members need visibility into GitHub without relying on engineers.
  • Future plans for TrackYourDev consist of expanding its features and functionality.
  • The platform is welcoming ideas from users and encourages suggestions for improvement.
  • People managing developer teams without GitHub proficiency can benefit from using TrackYourDev.
  • The platform invites those interested to follow their progress as they continue to develop and enhance the tool.

Read Full Article

like

21 Likes

source image

Economic Times

1M

read

269

img
dot

Image Credit: Economic Times

Startups show off ocean-preserving tech at Paris trade fair

  • Startups at the Paris trade fair Vivatech showcased innovative technologies focused on protecting the oceans.
  • AI programs utilizing neural network systems are aiding in understanding and predicting real-world phenomena related to ocean conservation.
  • Companies like Whale Seeker and Amphitrite are using AI to track sea mammals and predict ocean currents, respectively.
  • Amphitrite's AI model can forecast ocean currents up to 10 days in advance, allowing sea captains to save fuel by altering their course.
  • New technologies like these were presented as the UN Ocean Conference pushed for a treaty to protect 60% of the world's oceans.
  • While new tech holds promise for ocean preservation, concerns exist about overfishing and marine biodiversity.
  • OceanEyes, a Japanese startup, aims to improve fishing efficiency through AI analysis of sea conditions to reduce fuel consumption.
  • Whale Seeker emphasizes using technology responsibly for sustainable solutions and declined a partnership that conflicted with conservation principles.
  • Startups face the challenge of balancing profitability with environmental ethics, as investments often come from industries like fishing and logistics.
  • Calls have been made for regulations and corporate responsibility to reduce carbon emissions in the maritime sector.
  • The fast pace of technological advancement raises the importance of ethical decision-making to ensure environmental sustainability.
  • Efforts are being made to utilize technology for the benefit of the oceans while emphasizing the need for responsible practices.
  • While startups strive for innovation in ocean preservation, partnerships and investments may influence their adherence to conservation principles.
  • Technology is evolving rapidly compared to regulations, highlighting the significance of businesses taking responsibility for environmental impacts.
  • Despite the challenges, there is a shared goal among these startups to leverage technology for sustainable solutions in ocean conservation.

Read Full Article

like

16 Likes

source image

Inc42

1M

read

274

img
dot

Image Credit: Inc42

From Groww To Sanlayan — Indian Startups Raised $568 Mn This Week

  • Indian startups raised $567.5 Mn across 19 deals between June 9 and 14, a 322% jump from the previous week.
  • Fintech dominated with an infusion of $339.7 Mn, followed by ecommerce at $172 Mn; Groww, CRED, and Spinny secured substantial funding.
  • Seven startups at the seed stage raised $14.1 Mn, marking an 83% increase from the previous week.
  • PharmEasy-backed ArisInfra filed for a $66 Mn IPO, while Meesho and Wakefit made significant IPO progresses.
  • Mergers & acquisitions included Nazara acquiring Curve Games, WLDD acquiring Imagined Studio, and ICRA purchasing Fintellix.
  • Other notable funding and acquisitions include Infibeam's plans for a $91.5 Mn raise, GIVA's $450 Cr raise, and Rapido looking to secure $15 Mn from Nexus Venture Partners.
  • AbleCredit is set to raise $5 Mn, and Kazam is raising $6 Mn in a funding round led by Vertex Ventures.

Read Full Article

like

16 Likes

source image

Inc42

1M

read

112

img
dot

Image Credit: Inc42

From Groww To Sanlayan — Indian Startups Raised $559 Mn This Week

  • Indian startups raised $559.2 Mn across 19 deals between June 9 and 14, marking a 316% increase from the previous week.
  • Fintech dominated the funding trends, with a total of $339.7 Mn raised across six deals, led by Groww's $202.3 Mn Series F round.
  • Other notable funding rounds include Spinny raising $170 Mn, CRED securing $72 Mn, and Sanlayan's $21.7 Mn Series A round.
  • Startup IPO developments included ArisInfra, Meesho, Wakefit, and Pine Labs gearing up for their respective IPO filings.
  • Mergers & acquisitions this week involved companies like Wubba Lubba Dub Dub, Nazara, BRND.ME, and ICRA.
  • Additional developments included Infibeam's rights issue, GIVA's funding plans, Rapido's talks for funding, AbleCredit's Series A round, and Kazam's funding led by Vertex Ventures.
  • The week also saw a surge in seed-stage funding, with seven startups raising $14.1 Mn, an 83% increase from the previous week.
  • Overall, the funding environment in the Indian startup ecosystem remained robust, showcasing a variety of sectors receiving significant investments.

Read Full Article

like

6 Likes

source image

TechJuice

1M

read

4

img
dot

Image Credit: TechJuice

Powering Progress Through Localization: K-Electric’s EPIC 2025 Empowers Startups to Solve Pakistan’s Energy Challenges

  • K-Electric concluded Energy Progress & Innovation Challenge (EPIC) 2025 promoting localisation and innovation.
  • Over 250 applications received; 10 teams shortlisted for solutions like AI-driven demand forecasting.
  • Cash awards of PKR 1.5 million, PKR 1 million, and PKR 750,000 awarded to top three teams.
  • Jury panel included industry and academia representatives; teams evaluated on various criteria.
  • First prize (PKR 1.5 million) awarded to NUST team for PMT-based load shedding solution.
  • Second prize (PKR 1 million) given to GCUF team for electricity demand forecasting with AI.
  • Third prize (PKR 750,000) awarded to NEDUET team for AI-based demand forecasting models.
  • Winning teams to proceed to mentoring phase with K-Electric and partners for concept refinement.
  • KE aims to foster sustainable solutions for Pakistan's energy challenges through EPIC 2025.
  • Initiative provides platform for innovators to collaborate, enhance ideas, and explore real-world applications.
  • Empowering startups to offer solutions for energy challenges in Pakistan.
  • Supporting local talent and fostering innovation in the energy sector.
  • KE may consider further development or pilot deployment of winning solutions.
  • Promoting localization and innovation in Pakistan's energy sector.
  • Providing practical platform for innovators to collaborate with industry experts.
  • Programme aims to unlock pathways to scale and address energy challenges in Pakistan.

Read Full Article

like

Like

source image

TechJuice

1M

read

53

img
dot

Image Credit: TechJuice

UK Startup Offers £35,000 in Grants for Pakistani Entrepreneurs

  • Pakistani founders can apply for a Commonwealth startup programme offering up to £35,000 in equity-free grants.
  • Imperial College London and the UK's Foreign, Commonwealth & Development Office are collaborating on a tailored six-month programme.
  • Participating startups, including those from Pakistan, can access £35,000 in equity-free financial support.
  • Teams can apply for up to £2,000 in grants for business expenses and scaling ventures until June 30, 2025.
  • The programme includes in-person and online learning with a two-week bootcamp in Accra, Ghana.
  • Startups will receive mentorship, business sessions, and networking opportunities.
  • Founders will gain skills, coaching, and access to a global network for business development.
  • One founder per team will attend the Ghana bootcamp in person, with others joining digitally.
  • Focus areas include refining business plans, operations scaling, lean practices, and go-to-market strategies.
  • Teams will work on leadership development, team dynamics, skill enhancements, and diversity.
  • Entrepreneurs will learn about global and local startup ecosystems, key players, and strategic partnerships.
  • The programme aims to accelerate growth and impact for startup ventures.
  • Applications for the programme are open until June 30, 2025.
  • Overall, the initiative provides financial support, mentorship, training, and networking opportunities for Pakistani entrepreneurs.
  • The Commonwealth startup programme aims to help entrepreneurs overcome barriers and scale their businesses for long-term success.

Read Full Article

like

3 Likes

source image

Startup Pedia

1M

read

161

img
dot

Image Credit: Startup Pedia

'They were not normal kids’: Revathi Kamath on raising Zerodha billionaires Nithin and Nikhil Kamath

  • Revathi Kamath, mother of Zerodha co-founders Nithin and Nikhil Kamath, is writing an autobiography detailing the challenges she faced raising her sons.
  • She shared about her struggles after marriage and dedicated life to her sons, Nithin and Nikhil, who were not considered 'normal kids'.
  • Revathi Kamath reflected on the challenges and sacrifices in bringing up her sons, emphasizing the difficulties she faced on a daily basis.
  • She expressed the importance of her sons knowing the efforts she put into raising them and mentioned that details will be revealed in her autobiography.
  • Revathi Kamath, a successful entrepreneur, started her career with a floral decoration business and later ventured into sustainability, planting over a lakh trees and reviving a lake.
  • The news about her autobiography and life journey garnered positive reactions from netizens who praised her resilience, positivity, and love for her family.

Read Full Article

like

9 Likes

source image

Inc42

1M

read

5k

img
dot

Image Credit: Inc42

Why India’s GenAI Moment Hinges On Vertical SaaS

  • Generative AI's true potential lies in vertical SaaS, deeply embedded in industry workflows for personalised experiences and actionable insights.
  • India's AI market growth is driven by B2B applications leveraging GenAI for automation and insights.
  • Vertical SaaS is crucial in India's diverse market, tailored to specific industry needs for better GenAI utilization.
  • Horizontal SaaS tools cater broadly across industries, while vertical SaaS focuses on specific sectors for deeper integration.
  • Vertical SaaS platforms offer pre-configured solutions aligned with industry workflows for better GenAI impact.
  • Generic AI tools struggle with industry-specific challenges, highlighting the need for tailored solutions like vertical SaaS.
  • Indian startups in various sectors leverage GenAI through vertical SaaS for automation, insights, and compliance.
  • Vertical SaaS accelerates digital transformation in sectors like F&B, pharma, and retail, enhancing efficiency and compliance.
  • Speed to ROI is a key advantage of GenAI-powered vertical SaaS platforms, delivering measurable outcomes in weeks.
  • Vertical SaaS holds promise for Indian businesses, providing tailored, scalable, and AI-first solutions for intelligent automation.

Read Full Article

like

29 Likes

source image

Medium

1M

read

251

img
dot

Image Credit: Medium

Why Cluely’s $5.3M “Cheat Everything” Startup is Doomed to Fail

  • Cluely, a provocative startup founded by Columbia University dropouts Chungin “Roy” Lee and Neel Shanmugam, received $5.3 million in seed funding from Abstract Ventures and Susa Ventures.
  • The startup aims to develop an AI tool that promises to cheat on everything, stemming from Lee's suspension after creating a tool to cheat on job interviews for software engineers.
  • Cluely's AI tool claims to provide real-time answers while being undetectable, despite the cheating connotation.
  • The startup gained attention in 2025 for its controversial nature, sparking a tech arms race with other startups claiming to detect Cluely users.
  • Critics argue that Cluely's deceitful approach and questionable ethics are likely to lead to its failure.
  • The funding raised by Cluely has sparked discussions and concerns regarding the accountability and responsibility of investors in supporting such initiatives.
  • The startup's origin story of turning an academic suspension into a multi-million-dollar venture has garnered both intrigue and skepticism.
  • Cluely's approach has stirred debate about the fine line between innovative disruption and unethical practices.
  • The startup's bold manifesto challenges the definition of cheating by comparing its tool to a calculator.
  • Cluely's viral success has been driven by the controversy surrounding its AI tool's capabilities and intentions.
  • The emergence of competitors claiming to detect Cluely users indicates the polarizing impact the startup has had on the tech industry.
  • Cluely's focus on providing real-time answers through AI technology has raised concerns about academic integrity and fair competition.
  • The startup's objectives and methods have divided opinions within the tech community, with some viewing it as a disruptor and others as a threat to ethical standards.
  • The clash between Cluely's innovative promises and the ethical dilemmas it poses underscores broader debates about technology's role in facilitating dishonest practices.
  • Despite the attention and funding received, Cluely's controversial approach and potential repercussions highlight the obstacles it may face in gaining long-term viability.

Read Full Article

like

15 Likes

source image

TechCrunch

1M

read

332

img
dot

Image Credit: TechCrunch

Clay secures a new round at a $3B valuation, sources say

  • Sales automation startup, Clay, raises Series C round at an approximate $3 billion valuation led by CapitalG according to sources.
  • Clay recently allowed its employees to sell shares at a $1.5 billion valuation, indicating a significant increase in valuation.
  • Plans for annual tender offers give employees more opportunities to sell stock at higher valuations in the future.
  • Founded in 2017, Clay gained momentum by focusing on AI-powered tools for salespeople and marketers.
  • Clay's tools are utilized by numerous customers, from large companies like OpenAI and HubSpot to smaller consulting agencies.
  • Clay competes with other sales tech platforms such as ZoomInfo, Lusha, Apollo.io, Unify, and Common Room.
  • Investors in Clay include Sequoia, Meritech Capital, Boldstart Ventures, Maple VC, First Round Capital, and Box Group.

Read Full Article

like

20 Likes

source image

Inc42

1M

read

175

img
dot

Image Credit: Inc42

China’s Rare Earth Export Curbs: India May Relax EV Localisation Norms

  • The Indian government may relax 50% localisation norms for EV makers due to China's rare earth export curbs.
  • To bypass curbs, automakers are being directed to import fully built motors or assemblies for now.
  • The Society of Indian Automobile Manufacturers has yet to formally request easing localisation mandates.
  • Under the PLI scheme for EVs, OEMs need to localise production of certain parts to avail subsidies.
  • China's export restrictions on rare earth elements could lead Indian automakers to import fully-made parts.
  • China's monopoly on rare earth supply poses challenges for Indian auto manufacturers.
  • The issue of rare earth mineral curbs was discussed in a meeting between Indian and Chinese officials.
  • Indian carmakers plan to visit Beijing to present their case before Chinese officials and suppliers.
  • Export curbs might impact homegrown EV makers, raising EV prices and affecting sales.
  • Ola Electric plans to introduce rare-earth-free motors by the end of 2025 to mitigate supply chain risks.

Read Full Article

like

10 Likes

source image

Gritdaily

1M

read

193

img
dot

Image Credit: Gritdaily

Meet the Publicist Behind Today’s Most Talked-About Startup Stories

  • Natalie Feinberg is the founder of Fein PR, a company providing high-impact publicity for startups and brands.
  • Fein PR focuses on delivering tailored narratives to highlight unique aspects of each client.
  • The company's strategic approach aims to support clients' business goals through targeted media coverage.
  • Fein PR helps clients gain visibility across various channels such as print, digital media, podcasts, and broadcast.
  • Feinberg keeps up with the fast-changing media landscape to ensure clients stand out in a competitive environment.
  • The company's diverse clientele includes tech startups, consumer brands, wellness innovators, and influencers-turned-entrepreneurs.
  • Fein PR's results-driven approach secures placements in top publications and helps build consistent media momentum.
  • A key differentiator for Fein PR is its personalized and hands-on approach, offering clients tailored strategies and communication.
  • Feinberg's mission is to help brands discover their authentic voice and connect with their audience through effective publicity.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app