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Medium
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The Emotional Outsider: Why I Never Fully Fit Tech Culture
- In tech culture, there is often a lack of emotional depth and meaningful connection during meetings, with a focus solely on work-related discussions.
- The author discusses feeling emotionally disconnected in the tech environment, where metrics and deliverables take precedence over personal well-being and emotions.
- The author discovered a way to engage with their emotions through large language models (LLMs), leading them to create a tool called Clarity that promotes self-reflection and emotional understanding.
- The author advocates for integrating emotional intelligence into technology, envisioning a future where tools support not only technical aspects but also emotional well-being in the workplace.
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Inc42
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D2C Jewellery Startup GIVA To Raise INR 450 Cr From Creaegis, Others
- D2C jewellery brand GIVA is set to raise INR 450 Cr at a valuation of $374 Mn in a new funding round.
- The funding round involves investments from Creaegis, Premji Invest, Epiq Capital, Edelweiss Discovery Fund, and Usha Dalmia Trust.
- GIVA, founded in 2019, has diversified its product range and operates 199 stores across tier I & II cities in India.
- The company has raised a total of about $102 Mn in funding till date and faces competition from various players in the online jewellery market.
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The Robot Report
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RoboBusiness 2025 call for speakers ends June 12
- WTWH Media is seeking presentations for RoboBusiness 2025, to be held on Oct. 15-16 in Santa Clara, with a deadline for speaker proposals set for June 12.
- Tracks for presentations include Physical AI Forum, Humanoids, Field Robotics, Enabling Technologies, Design & Development, and Business insights.
- Last year, Sergey Levine of Physical Intelligence keynoted RoboBusiness 2024.
- Alongside the event, there will be opportunities for investors, startups, and sponsors to engage through various activities and competitions.
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Startup Story
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Rapido to Raise ₹125 Crore from Nexus Ventures, Eyes Expansion into Food Delivery and Fintech
- Rapido, a Bengaluru-based ride-hailing startup, is set to raise ₹125.2 crore from Nexus Ventures to expand into food delivery and fintech.
- The capital injection involves issuing Series E Compulsorily Convertible Preference Shares at a premium valuation, following previous fundraises that valued the company as a unicorn.
- Rapido aims to launch a food delivery platform with lower commissions than Zomato and Swiggy and is building a fintech subsidiary focusing on lending and financial services.
- The company also plans to scale its ride-hailing operations from 120 to 500 cities, increasing competition with Uber, Ola, and Namma Yatri in India's urban mobility market.
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TechJuice
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Pakistan’s Climate Startup Fund Faces Setback After Sarmayacar Exit
- Pakistan's $50 million Climaventures initiative, managed by Sarmayacar, hits a roadblock as Sarmayacar exits the project.
- National Rural Support Programme (NRSP) scrambles to find a new private-sector partner for the climate startup fund.
- Lack of fund manager puts the $40 million initiative in limbo, facing uncertainty with no clear path forward.
- The future of Pakistan's ambitious climate startup fund remains unclear as the project is effectively stalled.
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SteveBlank
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Teaching National Security Policy with AI
- Stanford's international policy class, Technology, Innovation and Great Power Competition, integrated AI to prepare students for an AI-enabled world.
- The experiential policy class involved students in a quarter-long project where they used AI tools like ChatGPT, Claude, and Perplexity.
- Teams like Team OSC and Team FAAST used AI for summarizing policy papers, generating interview leads, and transcribing podcasts.
- AI tools such as Mermaid and Beautiful.ai were employed for creating graphics and PowerPoint presentations.
- Students learned to cross-check AI tool outputs for accuracy and relevance, realizing that AI works best when coupled with human efforts.
- Team NSC Energy utilized ChatGPT and Mermaid for organizing thoughts, while Team Alpha Strategy pivoted to Notebook LM for document analysis.
- The Congress team simulated interviews using AI role play and retrieval augmented generation for query-based outputs.
- Team NavalX explored new AI capabilities by customizing ChatGPT prompts for formatting and gathering insights from interview notes.
- Lessons learned include the significant enhancement of learning through AI integration and the creativity students exhibited in utilizing AI tools.
- Future iterations of classes plan to leverage advancements in AI tools to further enhance student learning experiences.
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Inc42
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ChatGPT Users Face Widespread Outage Globally, Including India
- OpenAI's GenAI chatbot ChatGPT is facing a widespread outage globally, including in India.
- Around 4,740 Indian users reported being unable to use ChatGPT due to an error message.
- OpenAI acknowledged the issue and is investigating problems with ChatGPT platform, APIs, and AI image generation tool Sora.
- This is the second instance in 2022 when ChatGPT has faced a global outage, impacting thousands of users worldwide.
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Insider
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Read the pitch decks from these 43 creator-economy startups that helped them raise millions of dollars
- The creator economy is attracting significant investment, with startups in this sector raising millions of dollars from VCs and angel investors.
- In 2024, AI, social commerce, and newsletters were prominent trends driving major deals in the creator economy.
- Notable startups like Dub, Hedra, and Captions secured substantial funding, reflecting ongoing investor interest in AI-driven solutions.
- Emma Chamberlain and MrBeast are examples of creators obtaining venture capital for their businesses.
- Pitch decks play a crucial role in helping creator-focused startups secure investments, with each startup employing unique strategies.
- Some startups, like Throne, opt for email or document-based pitches rather than traditional decks.
- Various startups raised over $10 million in 2024, indicating sustained investor confidence in the creator economy.
- Investors are keen on startups like Restream, Dub, and Posh, contributing to the growth of the creator-focused ecosystem.
- Pitch decks from 43 creator-economy startups, categorized by investment stage, offer insights into successful fundraising strategies.
- These pitch decks provide valuable examples of effective communication and strategy in attracting investment for startups in the creator economy.
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ISN
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E-commerce unicorn Meesho converts into public entity as it prepares for IPO
- Meesho, the e-commerce platform based in Bengaluru, has converted into a public limited company in preparation for a potential IPO.
- The company's transition to a public entity involves renaming from “Meesho Private Limited” to “Meesho Limited”, reflecting its IPO readiness as stated in regulatory filings.
- Meesho, with a 37% share of total e-commerce orders in 2024, despite 8.5% of GMV, is anticipating sustained growth with an estimated 26% compound annual growth rate over six years.
- Key steps for Meesho's IPO readiness include appointing merchant bankers and reporting a 33% revenue increase to Rs 7,615 crore in FY24, along with significant reduction in adjusted losses to Rs 53 crore.
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TechCrunch
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Tebi, the new startup by Adyen’s departed co-founder, raises a fresh €30M from Alphabet’s CapitalG
- Arnout Schuijff, co-founder of Adyen, stepped down in 2021 to focus on his new startup Tebi, which raised €30M from Alphabet's CapitalG for its subscription-based platform for hospitality businesses.
- Tebi, based in Amsterdam, offers an all-in-one solution for managing payments, reservations, inventory, and more, aiming to differentiate with enterprise-level functionalities and pricing.
- Schuijff felt creating a product for SMBs was better done outside of Adyen, where he stayed in a CTO role after the 2018 IPO.
- Inspired by the coding during the Covid lockdown, Schuijff launched Tebi to simplify tax reporting for businesses, leveraging streaming technology for instant transaction updates.
- Schuijff, as Tebi's CEO, focuses on team building, strategy, and commercial aspects, aiming to contribute to society by helping local business owners.
- Tebi, led by Schuijff and a tech-heavy team, plans to expand in the Netherlands and the U.K. following a recent €30 million funding round from CapitalG and Index Ventures.
- Funding will support Tebi's international expansion and the addition of AI features to enhance the platform for better business management.
- CapitalG invested in Tebi due to European SMBs being underserved by expensive, bank-dominated payment solutions, aligning with the fund's interest in disruptive technology.
- Tebi's future vision includes developing an AI platform to improve business operations, with plans for a U.S. expansion after establishing a significant market presence in Europe.
- Expansion across Europe and the integration of AI features will be the focus for Tebi in the near future, with potential plans for a U.S. expansion down the line.
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Inc42
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BigBasket Launches 10-Minute Food Delivery Service To Take On Blinkit, Zepto
- Tata-owned BigBasket plans to launch its 10-minute food delivery service across India by the end of financial year ending March 2026.
- The company is piloting the service in Bengaluru and aims to scale it to 40 dark stores by July.
- BigBasket intends to leverage its dark store network to increase its overall count to 1,000 to 1,200 by the end of 2025 from 700 currently.
- The quick food delivery service by BigBasket will feature menu items from Tata group brands like Starbucks and Qmin, without partnering with external restaurants.
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Inc42
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How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets
- Finhaat, a Mumbai-based fintech startup founded in 2021, aims to bring insurance and wealth creation to rural and semi-urban markets in India by bridging the gap in financial inclusion.
- The platform distributes insurance products through a network of more than 200 insurers and 3,000+ individual agents across 85% of India's pin codes, catering to 8 million customers primarily through curated insurance distributed via institutions.
- In addition to insurance, Finhaat expanded into wealth management, offering tech-driven tools for investments, retirement planning, and long-term savings.
- The startup reported over 20% YoY revenue growth in FY25, reaching over INR 30 crore from INR 25 crore in FY24, earning revenue through platform fees and product-linked commissions.
- Finhaat emphasizes user education and technology integration to build trust among underserved communities and offers services such as claim management and data-based trend analysis.
- The platform has developed various products including FinSAAS for institutional partners, FinPRO for retail agents, and Finhaat Wealth for wealth management, focusing on convenience, security, and prosperity for customers.
- Having insured over 8 million lives, Finhaat is looking to focus on cattle, parametric, and climate-based insurance solutions for rural customers, targeting a gross written premium of INR 350 crore in the near future.
- By tailoring solutions for the local context and aiming to be a digital backbone for rural financial services, Finhaat plans to close FY26 with INR 250 crore in gross written premium and expand its wealth management vertical.
- The startup's goal is to empower rural communities by offering tools to cover risks, build wealth, and enhance financial inclusion, potentially becoming a key player in India's inclusive financial infrastructure.
- In a rapidly transforming rural financial services market in India, Finhaat stands out by providing context-driven, tech-enabled solutions with trusted human touchpoints, positioning itself as a vital entity in the sector.
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SiliconCanals
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Germany’s Co-Power raises €6.4M to help European factories take power into their own hands
- Germany's Co-Power raises €6.4M led by Cherry Ventures for decentralised energy infrastructure.
- Investors include Abacon Capital, Aurum Impact, and founders of Flixbus, among others.
- Co-Power addresses high electricity costs in Europe's industrial sector by providing local generation and storage.
- Company aims to help European companies reduce energy costs, manage price volatility, and achieve greater energy autonomy.
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Eu-Startups
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British recycling company Impact Recycling raises €3.8 million for its water-based density separation tech
- Grangemouth-based Impact Recycling, a plastic recycling company, secures a €3.8 million follow-on investment from VC firm IW Capital for its water-based density separation technology.
- Impact Recycling, founded in 2014, has a patented BOSS technology that separates mixed plastic waste into high-purity polyethylene and polypropylene streams.
- The company's ability to recycle rigid and flexible plastics makes it unique in the mechanical recycling sector, serving clients in the healthcare, packaging, and waste management industries.
- The investment will support Impact Recycling's business development and expansion in alignment with regulatory initiatives like the EU's Plastic Packaging and Plastic Packaging Waste Directive.
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Eu-Startups
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Polish startup ReSpo.Vision scores €4.2 million to brings fans onto the pitch with next-gen football tech
- Warsaw-based ReSpo.Vision has raised €4.2 million in funding led by Vinci and Smartlink to revolutionize the football viewing experience for fans.
- The startup uses AI and computer vision to provide immersive 3D experiences, tactical insights, and performance analytics without the need for wearables or complex camera setups.
- The funding will be utilized to expand their offerings to broadcasters and digital platforms, including their Digital Twin Technology for reliving match moments from players' perspectives.
- ReSpo.Vision's innovative sports technology has been recognized by clients like FIFA, major competitions such as CONMEBOL Copa America 2024, and national football associations, positioning them as a leader in the industry.
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