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Startup News
ISN
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Pics of Nikhil Kamath's rented Bengaluru apartment resurface after he buys his first house, Netizens reacts...
- Zerodha co-founder Nikhil Kamath's former rented apartment in Bengaluru resurfaced after he bought his first house.
- Rahul Gonsalves, a designer at PhonePe, criticized the interior design of the apartment.
- Netizens reacted to the photos, expressing their disappointment with the decor.
- Kamath, known for advocating renting, discussed the rent vs. buy debate in his podcast and highlighted the drawback of renting.
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Geek Wire
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Seattle startup Read AI raises $50M to fuel ‘copilot everywhere’ vision for enterprise software
- Seattle startup Read AI raises $50M in a Series B round to fuel its 'copilot everywhere' vision for enterprise software.
- Read AI sells productivity software tools driven by generative AI and has seen rapid growth, adding 100,000 new accounts each week.
- The company's products are used by 75% of the Fortune 500 and it has not spent any money on marketing.
- Read AI plans to expand its capabilities beyond meeting summarization to include analyzing emails, messaging threads, and providing predictive analytics.
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TechCrunch
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Remote ropes in Carta to simplify equity grants for distributed teams
- Remote, the HR platform for managing distributed teams, is launching a new product called Remote Equity to simplify equity compensation for international employees.
- Remote Equity allows companies to grant stock option plans to their international employees, ensuring compliance with local regulations.
- Remote has partnered with Carta to manage the drafting and issuance of option grants, with Remote generating the necessary legal documentation.
- Equity data will be synced between Carta and Remote Equity, providing managers with a comprehensive view of employee compensation.
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Yourstory
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96
Image Credit: Yourstory
How did BlackBerry lose the smartphone race? A closer look
- BlackBerry, once the king of smartphones, lost the race in the competitive smartphone industry.
- BlackBerry's rise to dominance was fueled by its innovative features, secure email access, and popularity among business professionals.
- The release of the iPhone in 2007 marked a turning point, as BlackBerry failed to adapt to changing consumer preferences for larger screens, touch interfaces, and a broader range of applications.
- Despite various strategies to regain its market share, BlackBerry's focus on software and security solutions could not revive its former glory as a smartphone manufacturer.
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Yourstory
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Arya.ag secures $19.8M DFC debt facility to boost agri-commerce platform AryaTech
- Grain commerce platform Arya.ag has secured a $19.8 million debt facility guarantee from the US International Development Finance Corporation (DFC) to support its agri-commerce subsidiary, AryaTech.
- The funding will enable Arya.ag to expand its solutions across the grain value chain, enhancing its market linkage offerings that connect farmers and farmer-producer organisations (FPOs) with buyers nationwide.
- The latest funding comes after Arya.ag's recent $29 million pre-Series D equity funding round in July 2024.
- Arya.ag aims to improve transaction transparency and payment security for farmers by integrating storage, financing, and market linkages at the farmgate level.
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Medium
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170
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Real Estate & Construction Unicorn Report
- There are 51 unicorns globally in Real Estate and Construction sector.
- Most unicorns (37%) are positioned on Property Management.
- The average time to reach unicorn status is 6.3 years, ranging from less than a year to 19 years.
- Modular construction’s adoption is a long-term and progressive trend that faces complex operational and regulatory challenges.
- Financial management and cost control key differentiators between thriving and struggling startups.
- The Real Estate and Construction sector is facing productivity and decarbonization challenges presenting immense opportunities for innovation.
- There is potential in AI solutions, low-carbon construction materials, or offering sustainability management software.
- The situation of companies like Katerra, Veev, and Nexii highlight the risks of rapid scaling in modular construction without achieving profitability.
- The industry requires a keen sense of operations and finance.
- Adam Neumann rebounded by founding Flow in 2022, becoming the only entrepreneur having founded two Proptech unicorns.
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Medium
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135
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Streamlining Your Business Journey with Startup India Registration Services
- Startup India is an initiative launched by the Government of India in 2016 to support startups with benefits like tax exemptions and funding.
- To avail these benefits, businesses need to complete the Startup India registration process with specific criteria.
- Seedling Associates offers Startup India registration services to help companies navigate the complex and time-consuming registration process.
- With Seedling Associates, startups can streamline the registration process, ensuring compliance and maximizing benefits.
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VIE Stories
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Image Credit: VIE Stories
SEO Services Can Boost Your Online Visibility- How?
- SEO services can enhance the online visibility of your website by providing fundamental services such as auditing and optimizing your website. Improving site speed, making it mobile-friendly, and providing security with HTTPS are the important aspects of website optimization. SEO professionals must conduct keyword research to find the right keywords that can drive high organic traffic to your website by meeting user needs and targeting local SEO keywords. Optimizing content that is unique, relevant, and engaging can boost SEO by placing keywords properly, updating the content regularly and using multimedia. Building high-quality backlinks for authority and credibility improves domain authority, referral traffic, and trustworthiness of the website.
- SEO partner can add that oomph factor to your business that will help you to go the extra mile become visible on search engines and get better online ranking.
- Website optimization includes important activities such as improving site speed, making it mobile-friendly, and providing security with HTTPS.
- Keyword research helps SEO professionals concentrate on understanding what users look for to solve their queries. Using long-tail keywords and local SEO keywords can help your business to get visited by more local customers.
- Optimizing content can boost SEO by placing keywords properly, updating the content regularly and using multimedia such as infographics, videographics and images.
- Building high-quality backlinks for authority and credibility improves domain authority, referral traffic, and trustworthiness of the website.
- Link building is an essential service of SEO service providers that is the proof of your trustworthiness.
- Creating high-profile backlinks from reputed websites can bring more organic traffic to your website. Thus, it can increase the conversion rate too.
- It Makes Your Website Trustworthy: Once you earn backlinks from reputed websites, visitors believe the authenticity of your site and visit it more. Thus, you can win the trust of the potential customers.
- SEO services can increase your online visibility by providing fundamental services such as auditing and optimizing your website, conducting keyword research, optimizing content, and building high-quality backlinks for authority and credibility.
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Inc42
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CarTrade’s Shares Rally Over 8% Post Q2 Results
- Shares of CarTrade rallied over 8% after announcing its Q2 financial results.
- CarTrade reported a 509% YoY jump in net profit to INR 30.72 Cr in Q2 of FY25.
- Revenue from operations rose 28.4% to INR 154.20 Cr in Q2 FY25.
- Expenses increased to INR 135.08 Cr in Q2 FY25, up 22.6% from Q2 FY24.
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UX Design
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Lamenting about good design, invisible leadership, progressive design model
- Better design does not settle but seeks to continue to find ways to further improve itself.
- Fast, targeted UX research recruitment →[Sponsored] To optimize your UX research process, you need a quick and affordable way to connect with your ideal audience.
- Editor picks: Bad design is, apparently, hot, No, design is not “nice to have”, Time for a more progressive design model.
- Little gems this week: Invisible leadership: dissolve to evolve, Let’s dive into the sea of rejections, How to maximize user engagement without exploitation.
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19 Likes
Medium
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266
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How DataFast By Marc Lou Transforms Analytics for Startups
- DataFast is an analytics tool designed for startups and small businesses, providing essential metrics and actionable insights.
- Unlike conventional platforms, DataFast offers clear and simplified information to influence business strategies.
- Key features of DataFast include web traffic analysis, user engagement metrics, and revenue performance insights.
- DataFast's founder, Marc Lou, aims to simplify analytics for non-technical users and foster community engagement.
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Insider
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370
Image Credit: Insider
This startup for traders raised $30 million from investors including Stanley Druckenmiller and Greg Coffey. Here's how it plans to transform how Wall Street analyzes data.
- Reflexivity, a fintech start-up founded by two former hedge fund traders, has raised $30m in Series B funding, which includes participation from heavyweight investors including Stanley Druckenmiller and Greg Coffey.
- The firm's technology combines third-party data from around 12 providers and proprietary internal information for analysis, which it claims is targeted at helping hedge funds and institutional traders avoid missing out on opportunities they may otherwise have overlooked.
- Co-founder and CEO Jan Szilagyi described in a statement how 'Reflexivity is the act of examining one's own assumptions, beliefs and judgment systems, and thinking carefully and critically about how these influence the research process,' referring to a term coined by George Soros.
- Szilagyi said the product mitigates the risk of traders 'missing something', which he said is a significant risk in the industry.
- The technology allows traders to analyse data from about 40,000 securities from as many as 12 different providers, including Refinitiv and the London Stock Exchange Group.
- The start-up's platform combines third-party data feeds and proprietary internally generated data to give traders a complete view analysis and also flags potential market and external events that could impact a portfolio.
- With the recent funding, Reflexivity’s total capital raised increased to $41m, it claims will be used to further expand its technology and increase sales.
- The firm said it estimates the potential market for its services could be as much as $16.4bn.
- It currently has 20 institutional clients, with some 15,000 individual users, including trading platforms like Interactive Brokers, banks such as MUFG and several hedge funds like George Soros' Sonata Global Fund and ExodusPoint.
- The start-up also developed a so-called closed system to prevent generative AI's tendency to make-up answers which are presented as fact.
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Eu-Startups
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340
10 European startups driving energy innovation with software and AI
- Energy innovation in Europe is now being driven by advancements in software and artificial intelligence which are essentials for maintaining a stable grid and optimizing renewable energy integration.
- Here are 10 of the most promising European startups leading energy innovation with software and AI, founded between 2020 and 2024.
- ACCURE leverages software and AI to optimize battery performance and longevity.
- Cleanwatts maximizes the value of energy produced, consumed, and stored within a community, delivering clean energy at a lower cost than conventional electricity.
- Climatiq offers a powerful carbon calculation engine that helps product teams seamlessly integrate emission metrics into their software.
- Emulate Energy's innovation allows utilities to control the entire value chain, helping customers reduce energy bills and integrate distributed energy resources into energy markets.
- Ogre AI provides insights on consumption, network/grid technical aspects, commercial losses, and anomalies.
- ProptechCore developed DecarbAI to accelerate building decarbonization and energy optimization using open data and AI.
- QUIXOTIC is a SaaS solution for billing and invoicing designed specifically for utilities and renewable energy communities.
- Reonic's software integrates diverse renewable energy technologies and streamlines the sales, planning, and management of these systems.
- Suena's Autopilot platform maximizes the monetization of energy storage by using a multi-market approach that incorporates various revenue streams from electricity and balancing markets.
- Vind AI's disruptive software minimizes wake losses while maximizing energy production and efficiency, providing essential tools for modern wind energy development.
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SiliconCanals
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211
Image Credit: SiliconCanals
UK’s CybaVerse raises €1.3M funding to help SMEs simplify cyber security: Here’s how
- CybaVerse, a UK-based cyber security management platform, has raised over £1.1M funding.
- The funding round was supported by FSE Group, Haatch, Founder & Lightning, and angel investors.
- The funds will be used for team expansion and platform development.
- CybaVerse has appointed three senior leaders to drive growth and innovation.
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Yourstory
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213
Image Credit: Yourstory
Digital Condom: Camdom App Takes Privacy Protection to the Next Level
- German sexual health brand Billy Boy has launched an app called Camdom, known as the "digital condom".
- The app aims to protect users from unauthorized recordings during intimate moments, addressing privacy concerns in the digital age.
- Camdom blocks smartphone camera and microphone functionalities, ensuring no photos, videos, or audio can be recorded without consent.
- The app's launch coincides with Sexual Health Awareness Month, emphasizing the importance of digital security in intimate settings.
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