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VIE Stories
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Propelld Appoints Manoj Shetty as Chief Business Officer
- Propelld, an Indian platform for education loans, has appointed Manoj Shetty as its Chief Business Officer (CBO).
- Shetty, with over 25 years of experience in various financial services roles, plans to grow the company in the study abroad market.
- Propelld offers customized financing options for educational programs, considering students' learning capacities and job prospects.
- Shetty aims to explore new avenues in the education lending sector and enhance Propelld's growth initiatives.
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TechCrunch
2w
586
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Wiz CEO explains why he turned down a $23 billion deal
- Assaf Rappaport, CEO of Wiz, explains why he turned down a $23 billion deal from Google.
- Rappaport believes Wiz can become a $100 billion company in the future as cloud security is the future.
- The decision was made by the founders, considering the company's investors and employees.
- Wiz aims to double its $500 million annual recurring revenue and plans for an IPO in the future.
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TechCrunch
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Bret Taylor’s customer service AI startup just raised $175M
- Sierra, the AI startup co-founded by OpenAI chairman Bret Taylor, has raised $175 million in a funding round.
- The funding round values the startup at $4.5 billion.
- Sierra specializes in AI-powered customer service chatbots for brands like WeightWatchers and Sirius XM.
- Sierra's technology is claimed to be less prone to hallucinations and allows customization of AI's personality according to corporate brand.
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Economic Times
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OpenAI chair's AI startup Sierra gets $4.5 billion valuation in latest funding round
- Sierra, an AI startup cofounded by Bret Taylor, has raised $175 million in a funding round led by Greenoaks Capital, valuing the company at $4.5 billion.
- Sierra's funding round comes less than a year after its launch and has established it as one of the most highly valued AI startups.
- Sierra focuses on selling AI-powered customer service chatbots to enterprises and has crossed $20 million in annualized revenue.
- Sierra differentiates itself by reducing 'hallucinations' in language models and counts clients like WeightWatchers and Sirius XM.
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VIE Stories
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108
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Key Aspects of 1xBet and Minesweeper Game
- 1xBet is a major platform in the online entertainment industry known for its wide range of services.
- The platform offers a diverse range of games and options, making it a preferred choice for enthusiasts worldwide.
- The Minesweeper game on 1xBet is a digital version of the classic game, offering straightforward rules and potential substantial returns.
- Players can adjust grid sizes and the number of mines to customize their gaming experience.
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Medium
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243
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Why I Hate Renting: The Frustrations of Living in a Landlord’s House
- Rent hikes without corresponding improvements can be frustrating and stressful.
- Renting doesn't provide true ownership or stability.
- Strict rules and restrictions can limit your freedom as a renter.
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StartupDaily
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108
Why founders should be wary of de-valuing themselves during negotiations
- Founders should be wary of de-valuing themselves during negotiations.
- Negotiating with oneself can lead to accepting less than intended.
- Fear of losing a deal might result in not pushing back on terms.
- Focusing on price rather than value can undermine the benefits offered.
- Avoiding discomfort in negotiations can lead to settling for less.
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Yourstory
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226
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Building green careers; Gokul Rajaram on AI opportunities
- Swiggy has set the price band for its upcoming IPO at ₹371-₹390, pegging the foodtech company’s valuation at $11.3 billion at the upper price band.
- India’s jobs market is picking up pace, with logistics jobs growing 70% YoY. However, to hit the ambitious target of $30 trillion in GDP by 2047, India needs to create even more jobs, particularly with women’s involvement.
- Climate Hires helps job seekers wanting to transition into the climate space and companies who want to recruit talent in these roles. The website lists open full-time and part-time climate jobs from startups.
- B2B platform Udaan closed a ₹300 crore ($40.7 million) debt financing round from Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital.
- Gokul Rajaram, former Product Director for Ads at Facebook talks about the potential of India-based AI startups transforming service businesses into AI platforms.
- Boeing has launched a stock offering that could raise up to $19 billion as the planemaker looks to strengthen its finances.
- Apple will not be allowed to sell iPhone 16 smartphones in Indonesia as they have not met the country's rules on the use of locally made components.
- Medical transcription tool Whisper, created by OpenAI, that includes made-up medications, racial commentary and violent remarks, has been found to create hallucinations by developers, software engineers, and academic researchers.
- The fear of flutes is called Aulophobia.
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VIE Stories
2w
417
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Diversity Motives Success: Unlocking the Potential of Inclusive Hiring
- Diversity in the workplace is a strong engine of corporate success.
- Human Resource (HR) policies favouring diversity recruitment strategies have become necessary.
- Diverse workforces help companies to better understand and service various consumer bases, enhance profitability and market share.
- Organizations have access to a greater spectrum of talents, experiences, and viewpoints by casting a larger net.
- Embracing diversity hiring can help companies release a lot of potential that would have been lost with more conventional employment policies.
- Aggressively try to remove prejudice from recruiting and selection and guarantee that recruiting choices are based only on merit.
- Inclusive job descriptions help companies make sure they use inclusive wording for wider applicant appeal.
- Video interviewing systems provide distant applicants equal possibilities to obtain employment.
- Organizations may establish a sustainable supply of varied talent and position themselves as employers of choice.
- Embracing intersectionality ensures more complex, deeper viewpoints and a workplace where staff members feel free to bring their whole self to work.
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Inc42
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Meet The D2C Startups Dazzling India’s Jewellery Market
- Indian D2C jewellery startups have emerged to serve the growing demand for online jewellery products, due to factors such as rising urbanisation, evolving fashion preferences, and cultural significance.
- BlueStone is a Bengaluru-based omnichannel jewellery retailer with a valuation of $970mn after its INR 900 Cr funding round.
- GIVA is a Bengaluru-based fine jewellery brand focusing on authentic 925 fine silver jewellery. It has raised INR 525 Cr in its Series B funding round.
- Kushal’s is a Motilal Oswal-backed fashion and jewellery brand offering antique ornament alternatives.
- Metaman is a men’s jewellery startup backed by the likes of Suniel Shetty and KL Rahul.
- Pipa Bella is a fashion and accessories brand for contemporary jewellery, recently acquired by Nykaa.
- Palmonas is a demi-fine jewellery brand for women that offers a range of contemporary options for daily and occasion wear which has Bollywood actor Shraddha Kapoor as its co-founder.
- Sukkhi is an omnichannel brand that designs and sells a diverse range of jewellery collections for men and women.
- Trisu, a fashion accessories brand offering gold vermeil jewellery with 18-karat gold plating on silver, has achieved a 24x growth within eight months.
- Voylla, an omnichannel Jaipur-based fashion jewellery startup, recently raised $15mn from private equity firm Peepul Capital.
- Zariin is an omnichannel jewellery brand founded in 2010 that claims to sell products in over 21 countries and 200 stores worldwide.
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Economic Times
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161
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Edu-wealth startup Zinc raises $25.5 million from Nexus Venture Partners, others
- Edu-wealth startup Zinc, founded by former PayU Credit chief executive and PaySense founder Prashanth Ranganathan has raised $25.5 million in seed funding.
- The round was led by Nexus Venture Partners, with participation from Quona Capital, EDBI, Global Ventures, and Saison Capital.
- Zinc aims to provide students and parents with a financial foundation specifically tailored to meet the rising costs of overseas education.
- As a first step, the company has introduced Zinc Honors, a product suite that offers all-in-one support including investment tools that diversify savings into international markets and a proprietary AI-powered education counsellor called Ada.
- Zinc has co-created a wealth fund with Singapore-based wealth management firm Leo Wealth, which is expected to roll out in November.
- Parents can invest in this fund with the aim of reaching a particular corpus within a set timeframe to fund their children’s overseas education, with built-in expert advice and rebalancing options.
- The company has already received approval for a Registered Investment Advisor (RIA) licence from the Securities and Exchange Board of India (Sebi) and an in-principle approval to operate as a Payment Service Provider (PSP).
- Zinc has applied for a brokerage licence from the International Financial Services Centres Authority (IFSCA) in GIFT City.
- Zinc plans to use the funds to drive product innovation, expand its offerings and secure key financial licences.
- According to Zinc's founder & CEO, Prashanth Ranganathan, most parents have the aspiration of sending their kids overseas for education and having them educated on the global stage.
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Medium
2w
383
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ESG for Startups & Medium Sized Companies : Scope 1, 2, and 3 in its simplest form.
- ESG (Environmental, Social, and Governance) has become a strategic imperative for companies.
- Emissions management and reducing carbon footprint are crucial components of ESG.
- Companies focus on Scope 1, 2, and 3 emissions in the ESG framework.
- ESG evaluates corporate sustainability, ethical impact, and governance practices.
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StartupDaily
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143
WiseTech’s Richard White ups his stake in ASX-listed Vinyl via Songtradr
- Richard White, former CEO of WiseTech Global, increased his stake in ASX-listed Vinyl Group through his investment in music licensing startup Songtradr.
- Vinyl Group has partnered with Songtradr to manage and sell advertising across its platforms.
- White's investment vehicle, Realwise Holdings, acquired a convertible note worth $1.56 million and a significant number of vested options in Vinyl Group.
- Vinyl Group CEO Josh Simons stated that the deal improves the company's financial position and helps reduce debt.
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Medium
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269
GOAT Network: The First BTC Layer 2 Solution with Sustainable Yield
- GOAT Network is the first BTC Layer 2 solution designed to overcome scalability issues and enable sustainable yield for BTC holders.
- GOAT Network utilizes zkVM, a zero-knowledge virtual machine, to enhance scalability and privacy without compromising trust.
- BTC holders can earn yield on their investment while maintaining privacy and security with GOAT Network.
- GOAT Network expands the reach of decentralized finance (DeFi) to BTC holders, opening up new opportunities for BTC yield globally.
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Medium
2w
365
On Becoming an Influential Designer
- The article discusses the author's experience as a product manager at mParticle.
- mParticle is a CDP, a system of pipes that collects, cleans, and moves data around.
- At mParticle, the author built a self-service analytics product to help marketers transform billions of customer events into actionable insights.
- To capture market share in the product analytics market, the author and their team needed to innovate.
- Developing features that competitors already offered wouldn’t move the needle.
- The strategic opportunity for mParticle was to combine the analytics product with the CDP into a single system, so that the value of the system is greater than the sum of its parts.
- To convince others of the strategic opportunity, the author evaluated the net present value (NPV) and reported on the usage data which showed strong demand.
- The breakthrough came when talking to users and understanding the end-to-end journey.
- The author found an opportunity to improve the product’s positioning and increase revenue by syncing segments from analytics.
- Knowing the right thing to do, from a value and strategic perspective wasn’t as challenging as getting the buy-in to actually pursue these initiatives.
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