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Startup News
Medium
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7 Best AI Tools for Businesses and Creators — Save your $’s
- AI tools promise to guide you in earning more money or free up more of your time.
- Today, I am presenting seven AI tools that can create a significant impact.
- AI tools like Lovable and Durable have made website development easier and cost-effective.
- These tools can construct a fully functional website in minutes without the need for coding.
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Medium
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308
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Digital Therapeutics (DTx) for Mental Health Global Startup Deep Dive Analysis Q1 2025
- The digital therapeutics (DTx) sector for mental health is experiencing rapid global growth.
- Over 100 evaluated DTx products are actively addressing various mental health conditions.
- Top Tier companies have proven engagement and outcomes in real-world settings.
- Second and Third Tier companies are clinically promising and introduce innovative technologies.
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Inc42
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268
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Fresh Trouble For BluSmart As Refex Drops Gensol’s EV Fleet Acquisition Plan
- Refex Industries has terminated its deal to acquire 2,997 electric vehicles from Gensol Engineering.
- The decision was made due to evolving commitments at both ends, leading to challenges in concluding the transaction within the originally envisaged timeline.
- The termination follows Gensol's credit rating downgrade and delayed debt servicing, causing a 60% decline in its shares.
- BluSmart's connection with Gensol raises concerns about the future of the ride-hailing startup and its ability to raise fresh funding.
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Economic Times
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224
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ETtech deals digest: Startups raise $1.9 billion in March, up over two-fold on-year
- Startups raised about $1.99 billion in funding in March, a two-fold increase from last year.
- 82 funding rounds took place in March, primarily for early and late-stage startups.
- The top deals of the month include Erisha E Mobility raising $1 billion, Zolve securing $251 million, and Darwinbox closing a $140 million funding round.
- Nexthop AI also raised $110 million in funding for their AI infrastructure for cloud companies.
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TechCrunch
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OpenAI is aiming for AGI but landing on Studio Ghibli
- OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way.
- OpenAI's new image generator in ChatGPT can turn ordinary images into Studio Ghibli-style animation stills, sparking excitement and debate.
- The tool raises questions about copyright and intellectual property.
- The TechCrunch Equity podcast discusses other news, including CoreWeave's IPO, a micromobility startup, Block's staff cuts, and AI sales automation startup 11x.
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Hitconsultant
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224
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Sohar Health Raises $3.8M for AI-Driven Eligibility Verification Platform
- Sohar Health, an AI-driven provider of eligibility determination and Verification of Benefits (VoB), has raised $3.8M in a seed funding round led by Kindred Capital.
- The funding will be used to eliminate insurance barriers that delay care, burden providers, and leave patients in limbo.
- Sohar Health is using AI-powered eligibility and benefits verification to address the inefficiencies in the healthcare system.
- The platform offers real-time eligibility checks, high accuracy in benefits data, and bulk API capabilities to streamline insurance workflows and improve the patient experience.
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Yourstory
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158
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10 powerful books everyone should read at least once
- The Shadow of the Wind by Carlos Ruiz Zafón: A gripping tale of love, loss, and the power of literature.
- A Little Life by Hanya Yanagihara: A deeply emotional exploration of friendship, trauma, and resilience.
- The Night Circus by Erin Morgenstern: A beautifully written fantasy novel with a dreamlike atmosphere.
- East of Eden by John Steinbeck: A profound exploration of love, betrayal, and the struggle for acceptance.
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Yourstory
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405
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[Weekly funding roundup March 22-28] Venture capital inflows see marginal rise
- Venture capital funding into Indian startups saw a marginal increase in the last week of March.
- Total funding during this week came in at $191 million across 26 deals, compared to $110 million in the previous week.
- The VC inflow on a weekly basis has fluctuated between $412 million and $110 million, reflecting the challenges faced by the Indian startup ecosystem in raising consistent capital.
- While the number of large deals above $100 million has been sparse, there have been interesting developments with VC firms raising fresh capital and startups raising funding.
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Economic Times
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392
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Byju Raveendran joins X: 'Here to talk about the past 20 years'
- Byju Raveendran, founder of Byju's, has joined social media platform X to talk about the past 20 years of the company.
- Byju Raveendran seeks to share the truth about the company and events surrounding it over the past two years.
- Byju's cofounder, Divya Gokulnath, announced Byju Raveendran's entry into social media after years of persuasion.
- Byju Raveendran aims to provide unfiltered facts about the good and bad times of Byju's journey.
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Startup Story
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348
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Smallcase Raises $50 Million in Series D Funding Round Led by Elev8 Venture Partners
- Wealthtech startup Smallcase has raised $50 million in its Series D funding round led by Elev8 Venture Partners.
- The funding will be used to expand Smallcase's investment product offerings, strengthen relationships with retail investors, and consolidate its position in the wealth management space.
- Smallcase offers a model portfolios platform, serving over 10 million users and facilitating over ₹1.2 lakh crore in transactions.
- With the new funding, Smallcase aims to scale operations, introduce new investment products, and simplify stock investing for retail investors.
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AllTopStartups
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7 Common Mistakes to Avoid When Implementing a Hosted PBX System
- Businesses implementing a Canada hosted PBX system may encounter common pitfalls that can lead to disruptions.
- Not defining clear communication needs upfront can result in a system that doesn't serve the business well.
- Overlooking scalability during the initial implementation can pose challenges as the business expands.
- Prioritizing security is crucial to prevent vulnerabilities to cyberattacks and data breaches.
- Integration with existing systems is essential to avoid inefficiencies and data silos.
- Investing in adequate training and support for employees ensures effective system utilization and mitigates downtime.
- Considering VoIP reviews helps in understanding system reliability and functionality from user experiences.
- Setting a realistic budget and considering all potential costs is important to avoid financial surprises post-implementation.
- By understanding and avoiding these mistakes, businesses can ensure a successful implementation of their Canada hosted PBX system.
- Assessing communication needs, prioritizing security, and incorporating proper training are key steps in optimizing PBX system benefits.
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Startup Pedia
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339
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Shreyas Talpade Accused In Rs 100 Cr Ponzi Scam In Uttar Pradesh, FIR Filed
- Bollywood actor Shreyas Talpade and 14 others have been named in a deceptive multi-crore chit fund scam in Uttar Pradesh's Mahoba district.
- They were allegedly associated with 'The Loni Urban Multistate Credit and Thrift Cooperative Society Limited' and misled rural investors with promises of high returns.
- The company abruptly ceased operations after collecting crores from unsuspecting rural investors, and its representatives disappeared.
- Earlier, an FIR was filed against Talpade and senior actor Alok Nath for defrauding investors of over ₹9 crore.
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ISN
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5
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Cricket icon Yuvraj Singh’s startup aims for Rs 125 crore ARR in the upcoming financial year
- Twiddles, a health-focused snacking startup co-founded by former cricket star Yuvraj Singh, aims to achieve Rs 125 crore in annual recurring revenue (ARR) in the upcoming financial year.
- Within three months of its launch, Twiddles claims to have gained thousands of customers and is on track to generate Rs 2 crore in monthly recurring revenue (MRR) next quarter.
- India's premium snacking segment is expected to grow from Rs 42,000 crore to Rs 95,000 crore by 2032, and Twiddles aims to capitalize on this market by providing high-protein, clean-label snacks.
- Twiddles plans to expand its product range, collaborate with influencers, and establish an omnichannel retail strategy to sustain its growth in the snack industry.
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TechCrunch
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44
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YC-backed Taxo raises $5M to slash healthcare admin with its AI ‘reasoning engine’
- YC-backed Taxo raises $5M to slash healthcare admin with its AI ‘reasoning engine’
- Taxo, a San Francisco-based startup, has raised $5 million in a seed round led by Y Combinator, General Catalyst, and Character Capital.
- Taxo's AI 'reasoning engine' transparently explains its decisions, helping build trust with doctors and increasing prior authorization approval rates to 98%.
- The startup now serves about 15 customers, ranging from clinics to government providers, and has achieved $1 million ARR within six months of its launch.
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Inc42
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199
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Cabinet Approves INR 22,919 Cr PLI Scheme For Electronics Components
- The union cabinet has approved a production-linked incentive (PLI) scheme for non-semiconductor electronics components, with an outlay of INR 22,919 Cr.
- The scheme aims to attract an investment of INR 59,350 Cr and generate production worth INR 4,56,500 Cr over six years, along with creating additional direct and indirect employment opportunities.
- The scheme will focus on developing a robust component ecosystem, increasing domestic value addition, and integrating Indian companies with global value chains.
- The incentive will be divided into three categories based on turnover, hybrid models, and capital equipment for electronics manufacturing.
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