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Inc42
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Former ShareChat Executive’s Microdrama App Flick TV Bags $2.3 Mn
- Noida-based microdrama OTT platform Flick TV has raised $2.3 Mn (INR 19.7 Cr) in a seed funding round led by Stellaris Venture Partners.
- The funds will be used to scale up content production, launch 100 originals, expand team, and improve streaming experience on smartphones.
- Flick TV, founded by former ShareChat executives, focuses on microdrama content distributed through platforms like Instagram and OTT apps.
- The global microdrama market is growing rapidly, with investments in platforms like Flick TV and ReelSaga aiming to tap into the trend.
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Economic Times
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Micro-drama OTT platform Flick TV raises $2.3 million in round led by Stellaris Venture Partners
- Flick TV, a micro-drama OTT platform, has raised $2.3 million in seed funding led by Stellaris Venture Partners to cater to the demand for short-form, mobile-first video content in India.
- The funding round also included Gemba Capital and Titan Capital, with plans to scale content production, enhance user experience, expand into regional languages, and grow the team.
- Launched by Kushal Singhal and Pratik Anand, Flick TV offers short, professionally produced drama episodes under five minutes for mobile-first audiences.
- The startup plans to launch over 100 original titles across different genres and integrate generative AI tools into its production pipeline while adopting a hybrid monetization approach.
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Pymnts
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Report: ‘Vibe Coding’ Startup Lovable in Talks to Raise $100 Million
- Lovable, a Swedish AI startup specializing in 'vibe coding' for software development, is in discussions to raise over $100 million at a valuation of at least $1.5 billion.
- The company's talks with U.S. investors are in the early stages, and the funding terms are subject to change.
- Lovable has seen significant investor interest, with CEO Anton Osika stating that the firm doesn't need cash and the current landscape is favorable.
- Using 'vibe coding,' a more intuitive approach to writing code with natural language, Lovable has achieved an annual recurring revenue of $61 million after launching its first product six months ago.
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Pymnts
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JPMorgan Opens FinTech Forward Accelerator Program to UK Startups
- JPMorgan Chase has launched a FinTech accelerator program for U.K. startups, in partnership with EY.
- The 12-week program will provide mentorship, offsite sessions, and opportunities to showcase businesses to potential investors.
- The accelerator targets U.K. FinTechs with a live product and yearly revenues under £1 million.
- This initiative comes as U.K. startups face challenges in funding, with some looking to the U.S. for support.
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Gritdaily
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REX Coaching’s 90-Day Action Plan: The Blueprint American Real Estate Agents Need Now
- Real estate professional Tyler McLay has developed a 90-day action plan through REX Coaching to help American real estate agents navigate uneven markets.
- The plan focuses on building business foundations, strengthening sales skills, and scaling with systems over the course of 90 days.
- Agents following the plan have achieved higher transaction volumes compared to their peers, with practical daily assignments offered to drive consistent progress.
- REX Coaching's program emphasizes structured actions over motivational language, providing agents with clear steps to succeed in fluctuating market conditions.
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Gritdaily
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Doron Merdinger’s Path to Sustainable eVTOL Innovation
- Doron Merdinger, a visionary in the aerospace sector, transitioned from a marketing director to an entrepreneur focusing on eVTOL innovation.
- Founder of Doroni Aerospace in 2016, Doron developed the H1 eVTOL, a sustainable two-seater aircraft with advanced safety features and FAA certification.
- Doron's drive for innovation goes beyond technology, aiming to create socially impactful solutions that benefit society at large.
- His passion for embracing new ideas and developing inclusive, sustainable technologies positions Doron as a key figure in shaping the future of the aerospace industry.
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Siliconangle
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IonQ to buy Oxford Ionics in $1B+ quantum hardware acquisition
- IonQ Inc. has announced the acquisition of Oxford Ionics Ltd, a quantum computing chip developer, for $1.075 billion, to be financed through stock and cash.
- Both IonQ and Oxford Ionics create quantum chips using a trapped ion design with ytterbium qubits, but differ in the method of programming the qubits.
- Oxford Ionics' technology offers scalability benefits over laser-based approaches and can be mass-produced using standard semiconductor manufacturing processes.
- IonQ plans to utilize Oxford Ionics' technology to enhance its quantum chips, aiming to introduce systems with higher qubit counts in the coming years.
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Dev
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Burned Out on Current Language Apps? Try This 30-Day Mastery Challenge
- A 30-day 'mastery-first' sprint challenge is recommended over streak-grinding to enhance language learning and real conversation skills.
- The challenge draws on habit-formation psychology, spaced-retrieval research, and crypto rewards to prioritize measurable skill gains and token incentives.
- Platforms like BitDegree and Coinbase's 'Learn & Earn' courses showcase how token incentives can boost lesson-completion rates in language learning.
- The 30-day deep-learning blueprint includes phases for script learning, pronunciation practice, comprehension tasks, and reflection to enhance language mastery.
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Gritdaily
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Transform Real Estate Lead Generation with MotivatedSellers.com
- Real estate entrepreneur David Saba founded MotivatedSellers.com to create a data-driven lead generation platform connecting investors with homeowners looking to sell quickly.
- MotivatedSellers.com has built a nationwide network of real estate investors and helped over 2,000 investors streamline their lead acquisition process.
- The platform offers a mobile app, real-time lead verification, and operates on a flexible pay-per-lead basis with a focus on improving lead quality over time.
- David Saba ensures compliance with industry regulations like FCC and TCPA guidelines while continuously refining the platform and collaborating with real estate influencers for industry education.
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Inc42
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CRED Raises $72 Mn In A Down Round From GIC, Others
- Fintech unicorn CRED raised $72 Mn in a down round led by GIC’s Lathe Investment.
- The funding round valued CRED at $3.5 Bn, a 45% decrease from its last valuation of $6.4 Bn in 2022.
- GIC, RTP Capital, Sofina, and QED Innovation Labs were among the major investors in the Series G round.
- CRED, aiming for a potential IPO in the next two years, has been expanding its offerings despite increasing losses and a rise in revenue.
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Mit
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Helping machines understand visual content with AI
- Coactive, founded by Cody Coleman ’13, MEng ’15 and William Gaviria Rojas ’13, has developed an AI-powered platform to analyze visual data efficiently.
- Their platform helps businesses search, organize, and analyze unstructured visual content for faster decision-making.
- Approximately 80 to 90 percent of the world's data is unstructured, emphasizing the need for AI in understanding data like images, video, and audio.
- Coactive assists media and retail companies in understanding visual content, enhancing user experiences, and identifying explicit content.
- The founders aim to demonstrate AI's ability to enhance human productivity and problem-solving.
- Coactive's platform acts as an 'AI operating system' that can be easily adapted to different AI models.
- The platform's applications include searching content, generating metadata, and extracting insights.
- Coactive has significantly improved content management for companies like Reuters and Fandom through AI-based search capabilities.
- Fandom has reduced content review time from 24-48 hours to an average of 500 milliseconds using Coactive.
- The founders envision Coactive as revolutionizing human-computer interactions by enabling a new way of working with content and AI.
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Inc42
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Starlink To Debut Monthly Subscriptions At INR 3,000 In India
- Starlink, owned by Elon Musk, is set to debut in India with monthly subscriptions priced between INR 3,000 to INR 4,200 and kits costing INR 33,000.
- Starlink's hardware will be available at Airtel and Reliance Jio retail outlets under separate distribution deals in India.
- The pricing strategy in India will align with other subcontinent nations like Bangladesh and Bhutan, despite being slightly higher than underdeveloped African countries.
- Starlink faces capacity constraints in India, aiming to cater to about 1 million connections in the short to medium term, as it expands globally with plans to deploy 12,000 satellites.
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TechCrunch
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Startup Battlefield 200: Final call — last day to apply
- Final call for applications to Startup Battlefield 200 at TechCrunch Disrupt 2025.
- Application deadline is tonight at 11:59 p.m. PT.
- Opportunity to compete for a free exhibit space, complimentary passes, investor exposure, and more.
- Startup Battlefield has been the launchpad for successful companies like Trello, Dropbox, Mint, and Cloudflare.
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ISN
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Paytm launches personalised UPI IDs; Here's how to create your own
- Paytm has introduced personalized UPI IDs, allowing users to create custom UPI handles for improved privacy and control over financial identities.
- Users can now choose UPI handles like name@ptyes or name@ptaxis, distancing UPI IDs from mobile numbers to address data privacy concerns.
- To create a personalized UPI ID on Paytm, users need to access the profile icon, go to 'UPI Settings,' select 'Manage UPI ID,' choose a personalized ID, and activate it for payments.
- This update follows user feedback to maintain privacy. Paytm has also introduced other features, including transaction hiding, money alerts, and auto top-up functionality, enhancing the overall payment experience.
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Inc42
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Zee Invests In Content Startup Bullet To Enter Microdrama Universe
- Zee Entertainment is investing in content startup Bullet to enter the 60-second drama content space.
- Bullet, co-founded by Azim Lalani and Saurabh Kushwal, focuses on fast-paced, creator-driven content through short-duration vertical format episodes.
- Zee plans to launch Bullet within its OTT platform Zee5 in multiple languages and host native stories with 'masala' plots.
- Microdramas are gaining popularity in India, with Zee being the first major media company in the country to venture into this content space.
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