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Startup Pedia
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'Wake-up call': Piyush Goyal says India is building alternative supply chain for rare earth amid China's curbs
- Commerce and Industry Minister Piyush Goyal views China's export ban on rare earth as a global 'wake-up call'.
- India is actively working on building alternative supply chains and positioning itself as a trusted partner amidst China's export restrictions.
- Short-term challenges are expected for India's automotive and white goods sectors due to China's export curbs on permanent magnet supplies.
- Goyal emphasizes the importance of collaborative efforts between the government, industry, and innovators to overcome challenges and create long-term opportunities.
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ISN
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Flick TV raises $2.3 million to build India’s leading micro-drama streaming platform
- Bengaluru-based Flick TV raises $2.3 million in seed funding led by Stellaris Venture Partners to develop India's top micro-drama streaming platform.
- Flick TV offers short, professionally produced fiction episodes under five minutes, optimized for vertical video consumption, targeting India's mobile-only internet users with snackable storytelling across various genres.
- The startup plans to scale content production, expand into regional languages, and enhance the streaming experience on mobile devices. It aims to release over 100 original titles and integrate generative AI tools for scripting and production.
- Flick TV's monetization model includes micropayments for per-episode viewing and potential subscription plans. The startup aims to innovate the emerging micro-drama category in India to attract early adopters and loyal subscribers.
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Inc42
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Wow! Momo Raises INR 85 Cr Debt From Stride Ventures
- Wow! Momo, a Kolkata-based QSR chain, raised INR 85 Cr debt from Stride Ventures to strengthen its omnichannel strategy and expand presence in the FMCG vertical.
- Founded in 2008, Wow! Momo has over 630 outlets in 35 cities, with plans to expand further and target 100 more cities in the next three years.
- In FY24, Wow! Momo's net loss was INR 114.4 Cr, with operating revenue increasing by 13.83% to INR 470 Cr. The company aims for INR 650 Cr revenue in FY25 and plans for an IPO in 2027.
- The debt investment follows the startup's bridge funding round and upcoming plans to raise $75-80 Mn. Wow! Momo also intends to scale up its FMCG vertical and launch its own delivery app, Wow! Eats.
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Medium
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“Designing an App for the Memories We Leave Behind”
- The author experienced frustration when unable to find a specific meaningful photo among hundreds in their gallery.
- This led to the creation of EchoTrail, a location-based app to capture and drop memories called 'Echoes' tied to specific places.
- Users can leave photos, voice notes, thoughts, or ambient sounds as Echoes, creating a private map of meaningful moments.
- EchoTrail aims to help users remember and appreciate the quieter, more meaningful moments in life by associating them with locations.
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Startup Story
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Flick TV Raises $2.3M in Seed Funding to Build India’s First Micro-Drama OTT Platform
- Flick TV, a mobile-first OTT platform, secures $2.3 million in seed funding to develop India’s first micro-drama platform.
- The funding round is led by Stellaris Venture Partners along with participation from Gemba Capital and Titan Capital, showcasing investor interest in India's micro-drama space.
- Flick TV delivers emotionally engaging stories in under five minutes through micro-dramas tailored for mobile audiences and plans to launch over 100 original titles across genres and regional languages.
- The funding will be utilized for content production, platform enhancement, and team expansion, as Flick TV aims to cater to the growing demand for short-form, high-quality content in India's mobile entertainment landscape.
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Startup Pedia
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‘AI won't replace human coders anytime soon’: Google CEO Sundar Pichai
- Google CEO Sundar Pichai discussed the growing role of AI and its impact on jobs like programming, emphasizing that AI will enhance human programmers' capabilities and not replace them in the near future.
- Pichai mentioned that AI will make coding more enjoyable by reducing repetitive tasks, freeing up time for creativity and collaboration. He also revealed that around 30% of code at Google is assisted by AI, increasing the company's engineering velocity.
- While AI tools are not replacing developers, Pichai stated that they are helping developers improve their skills. He believes that techies can adopt these tools to become better programmers.
- Sundar Pichai outlined the qualities he expects in his successor at Google, highlighting the necessity for the future leader to possess the power and responsibility to lead a company of Google's stature.
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Inc42
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Announcing The D2C & Retail Summit — Shaping The Future Of New Commerce In India
- India's D2C ecosystem is rapidly transforming, with significant VC funding and major deals shaping the sector in 2025.
- Key developments include Drools entering the unicorn club, HUL acquiring Minimalist, and various D2C brands securing substantial funding.
- Inc42 has been a driving force in India's D2C boom, organizing The D2C & Retail Summit to bring industry leaders together to shape the future of commerce.
- The summit addresses the blur between digital-first D2C brands and traditional retail and emphasizes the importance of omnichannel strategies for growth.
- India's D2C market is projected to reach $300 Bn by 2030, with omnichannel approaches becoming essential for success.
- The D2C & Retail Summit 2025 will focus on practical insights, featuring sessions on scaling, managing omnichannel rollouts, and leveraging AI.
- Attendees can expect contrasting perspectives from D2C disruptors and retail giants, with a lineup of 40+ leaders providing actionable frameworks for growth.
- The summit aims to equip participants with knowledge on unit economics, consumer preferences, and the complexities of scaling in the retail industry.
- The event offers curated interactions and peer learning opportunities, emphasizing strategic conversations and practical learning.
- The D2C & Retail Summit 2025 presents a unique opportunity for D2C and retail professionals to shape the future of Indian commerce.
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Eu-Startups
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German startup Co-Power secures €6.4 million to help European industry control energy costs and boost resilience
- Co-Power, a Munich-based startup, raised €6.4 million to accelerate the deployment of large-scale battery storage and solar PV systems for Europe's industrial sector.
- The funding round was led by Cherry Ventures, with participation from Abacon Capital, Aurum Impact, and other notable investors supporting Co-Power's vision.
- Co-Power aims to help European industrial companies reduce energy costs by up to 50% through on-site battery storage and solar systems with no upfront investment.
- The startup plans to build Europe's leading industrial virtual power plant to increase energy resilience and competitiveness for SMEs in the region.
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Silicon
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OpenAI Annual Revenues Double To $10bn
- OpenAI has achieved $10 billion in annual recurring revenues, nearly doubling its revenue from the previous year.
- The revenue includes sales from consumer and business products, API, excluding licensing revenue from Microsoft and large one-time deals.
- The strong AI demand has contributed to OpenAI's revenue growth, positioning it to aim for a revenue target of $12.7 billion by 2025.
- OpenAI, despite burning cash to drive revenue, lost about $5 billion. The company targets $125 billion in revenue by 2029, showcasing investor expectations.
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Inc42
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BYJU’S-Owned US Firms Sold At Knockdown Prices
- Two edtech firms, Tynker and Epic!, acquired by BYJU’S during its US stint, were sold off at significantly reduced prices by lenders who sued for repayment of a $1.2 Bn term loan.
- Tynker was bought by CodeHS for $2.2 Mn in a 99% discount from the $200 Mn BYJU’S paid in 2021, while Epic! was purchased by TAL Education Group at an 81% discount for $95 Mn, down from the $500 Mn BYJU’S spent in 2021.
- These sales were approved by the US bankruptcy court and are part of BYJU’S $1 Bn expansion plan in the US, with Epic! offering kids access to books and quizzes, and Tynker providing a K-12 coding platform.
- The bankruptcy case arose as BYJU’S US-based subsidiary failed to repay a $1.2 Bn term loan, leading to a court ruling in favor of lenders. BYJU’S has faced insolvency proceedings in both the US and India.
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Inc42
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India’s Sovereign AI Dream: Decoding The Market Opportunity, State Of Regulations
- India is positioning itself to forge its own AI future, with startups and the government playing crucial roles in shaping the path taken.
- India faces a crossroads in the race for AI supremacy, needing to balance innovation with regulation, talent with investment, and ambition with pragmatism.
- While India's AI industry is valued at over $17 billion and growing, it still lags behind the US and China in market size.
- Challenges include the lack of AI intellectual property and patents in India, as well as the need to enhance innovation capabilities in machine learning.
- Indian AI engineers earn significantly less than their counterparts in the US and EU, posing both a challenge and an opportunity for India.
- India's infrastructure for powering the AI revolution is behind larger economies, with fewer data centers compared to China, the US, and the EU & UK combined.
- India's regulatory readiness for AI, with a moderate strictness score of 5, indicates a more balanced approach compared to the US and EU's more restrictive rules.
- India's sovereign AI ambition emphasizes reducing dependence on foreign AI models, building indigenous alternatives, and shaping AI development according to national values.
- To compete globally in AI, India must enhance research and development capabilities, invest in data infrastructure, and create a regulatory environment balancing innovation and ethics.
- India's moderate regulatory framework, technical talent, and growing AI market position it well to capture a larger share of the global AI economy, but unlocking success requires addressing critical gaps.
- India's path to sovereign AI will depend on converting structural advantages into breakthrough innovations, evolving talent cost advantages, and aligning innovation in the right direction.
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Gritdaily
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Traci Arends, PhD, Offers a Different Path to Mental and Emotional Wellness
- Traci Arends, PhD, a military veteran, followed her own unconventional path to become a consultant focused on mental, emotional, and spiritual well-being.
- She transitioned from the military to working in library systems, earned degrees in organizational leadership and education, and held leadership roles in higher education.
- Dr. Arends pursued a Ph.D. focusing on transformational learning, and now works with institutions, corporations, and nonprofits to create client-centered learning opportunities.
- She is undergoing a rebrand for Arends Consulting and is working on a retreat center project to promote renewal and well-being, while also focusing on civic endeavors and future projects.
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Gritdaily
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Dr. Bryan O’Young: Transforming Pain Management With Purpose and Holistic Care
- Dr. Bryan O'Young focuses on empowering chronic pain patients to find meaning in their lives beyond managing pain.
- Chronic pain requires a holistic approach involving physical, emotional, cognitive, behavioral, and sociocultural dimensions for effective management.
- Dr. O'Young's innovative approach to chronic pain management involves addressing root causes, minimizing medication reliance, and integrating spirituality to help patients find meaning in suffering.
- His commitment extends globally through educational initiatives, advocacy with the United Nations, and plans to expand healthcare access for underserved populations.
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Insider
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AI has these founders in a New York state of mind
- New York City is emerging as a major player in AI and tech innovation, challenging San Francisco's dominance.
- The city's tech ecosystem spans fintech, healthtech, legal tech, and consumer startups, with state support for AI training and a $16.5 million AI supercomputer.
- Key players in the NYC tech community believe the city is already a significant player in AI, with a diverse range of AI startups and talent.
- State and local governments, along with AI startups like Affiniti, Navina, Legora, and Series, are contributing to New York's growing presence in the AI industry.
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Insider
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Tech companies have a new hiring requirement: vibe coding
- Tech companies like Visa, Reddit, DoorDash, and others are now seeking candidates with experience in vibe coding, which involves using AI tools to generate code.
- Vibe coding is being viewed as a way to boost product development speed, with companies aiming to increase their productivity by utilizing AI coding tools like Cursor and Bolt.
- While vibe coding is becoming increasingly essential for faster coding and prototype generation, it is not expected to replace senior engineers in the industry anytime soon.
- The emphasis on vibe coding in tech job ads reflects the industry's focus on accelerating product development and enhancing engineering team efficiency through AI-driven coding tools.
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