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Startup News
Insider
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VC firm Redpoint tells startups to buckle up for a hiring showdown. Here's the 13-slide deck it shared with founders.
- Tech industry hiring trends are changing with a split between a stalled job market and a rapidly expanding artificial intelligence sector.
- Redpoint Ventures' head of talent network, Atli Thorkelsson, created a 13-slide deck to help founders understand the current state of tech hiring.
- The hiring market is highly competitive, with companies burning more equity and cash for retention while AI firms are attracting premium talent and offering higher paychecks.
- The deck includes data from various sources highlighting that AI companies are hiring technical talent, machine learning engineers are receiving more compensation than software engineers, and interviews are becoming more AI-focused.
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Insider
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437
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These are the 9 healthcare startups next in line to go public, according to bankers and investors
- Healthcare startups are gearing up for potential IPOs to tap into public markets.
- Datavant, Aledade, Lyra Health, Medline, Maven Clinic, Spring Health, Transcarent, Virta Health, Zelis.
- Investors see promise in value-based care, mental health services, data management, and healthcare navigation.
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Startup Pedia
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'Paid ₹30 lakh in tax, got depression': Bengaluru techie’s layoff story goes viral
- A post by social media influencer Venkatesh Alla went viral, sharing the layoff story of a Bengaluru techie who was let go by a tech firm despite paying over Rs 30 lakh in income tax.
- The techie, Mr. Salim, received only three months' severance pay after being laid off from a high-paying job and is now funding his children's education from his savings and severance.
- The incident sparked online debate about job security and income tax policies, with some advocating for structured unemployment benefits, while others pointed out the need to expand the tax base.
- Netizens expressed varied opinions on whether the government should intervene in cases of job loss and highlighted the challenges faced by the middle-class workforce during layoffs.
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ISN
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934
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Mumbai's clean-label food startup Khetika raises over Rs 150 crore in funding
- Mumbai-based clean-label food startup Khetika raises $18 million in a Series B funding round led by Narotam Sekhsaria Family Office and Anicut Capital, with participation from existing investors.
- Khetika, founded in 2017, specializes in clean-label, preservative-free staples sourced directly from over 25,000 farmers across 14 Indian states.
- The funding will be used to diversify the product portfolio, upgrade manufacturing infrastructure, and introduce a range of ready-to-eat and regional food items.
- Khetika plans to triple production capacity, invest in automated processing units, and enhance SuperZop's technology for quality checks and traceability.
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Eu-Startups
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Berlin-based CarOnSale raises €70 million to develop their used car platform
- German CarOnSale, a digital B2B marketplace for used car trading, has raised a €70 million Series C round to expand across European markets.
- The funding round was led by new investor Northzone and existing lead investor HV Capital, among others.
- CarOnSale aims to scale to selling 1 million used cars annually through their platform and transform the European used car market with their integrated software ecosystem.
- With plans to deepen their European presence, enhance services, and develop cross-border transaction capabilities, CarOnSale intends to solidify its position as a key player in professional vehicle trading.
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SiliconCanals
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Dutch-based Plasmacure raises €6M to help treat complex wounds; also secures €8.5M+ US go-to-market financing
- Dutch-based Plasmacure, developer of the PLASOMA cold plasma system for complex wound treatment, secures €6M funding in Series A investment led by U.S.-based Venture Medical.
- Venture Medical to lead U.S. go-to-market financing exceeding $10M for Plasmacure's regulatory approval and reimbursement in the United States.
- Investment consortium includes Dutch health insurer Coöperatie VGZ, impact investor Noaber, Stichting Triade, EIC Fund, and Oost NL.
- Funding to support global expansion of PLASOMA to treat complex wounds, providing a more effective solution than standard treatments with up to 2.5 times greater effectiveness.
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Medium
2d
256
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Venture Capital in the DRC: A Missing Pillar in Startup and Economic Growth
- Venture capital activity grows in the Democratic Republic of Congo, attracting $42 million in 2023.
- Funding remains concentrated, posing challenges for startup accessibility and ecosystem development.
- Limited local access to capital indicates the need for sustainable funding mechanisms and local support.
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Inc42
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489
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Smartworks IPO: Price Band Set At INR 387-407
- Smartworks sets IPO price band at INR 387-407 per share for offering opening on July 10 and closing on July 14.
- At the upper end, Smartworks will be valued at about INR 4,650 Cr.
- The IPO consists of a fresh issue of up to INR 445 Cr and an OFS component of up to 33.79 Lakh shares, with reserved shares for employees.
- Promoters NS Niketan LLP and SNS Infrarealty LLP will sell their shares in the offering.
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Inc42
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311
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Exclusive: Square Yards To File DRHP For INR 2,000 Cr IPO By March 2026
- Delhi NCR-based proptech startup Square Yards plans to file its DRHP for INR 2,000 Cr IPO between December 2025 and March 2026.
- Square Yards is aiming for a unicorn valuation with a public issue comprising a fresh share issue and offer for sale of equal sizes.
- The startup is finalizing investment bankers for the IPO and considering options of confidential filing or regular route.
- Post IPO, Square Yards is expected to have founders holding more than 50% stake, with operations across real estate lifecycle and significant revenue from overseas markets.
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Eu-Startups
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“From Poland to Portugal”: Amsterdam-based Perry raises €1.6 million to empower technicians across Europe with work instructions
- Dutch AI startup Perry has raised €1.6 million in an investment round to provide AI-powered work instructions for technicians in Europe.
- The funding round was led by Revent and included angel investors from companies like Google and OpenAI.
- Perry's technology aims to address the shortage of technical personnel in Europe by offering visual instructions that adapt to work situations using AI.
- The company plans to expand its team and software development with the investment, aiming to scale rapidly into Germany, France, and the United Kingdom.
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ISN
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Zomato hires new CEO for food delivery business; Goyal says, 'We need leaders who believe...'
- Zomato's parent company, Eternal, appoints Aditya Mangla as the new CEO of its food ordering and delivery business for a two-year term, succeeding Rakesh Ranjan.
- Mangla, who joined Zomato in March 2021, has held key positions in food delivery operations and was previously chief of staff to CEO Deepinder Goyal.
- His appointment comes amid a slowdown in Zomato's core food delivery business growth, with the latest quarter showing a 16% annual increase but a 1% sequential decline in gross order value.
- Zomato founder Deepinder Goyal emphasizes the need for decisive, thoughtful leadership as the company enters its next chapter.
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Startup Pedia
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Zomato appoints Aditya Mangla as CEO of food delivery business
- Eternal Ltd appoints Aditya Mangla as CEO of Zomato's food delivery business.
- Mangla's appointment as Director was approved by the Board and is effective for two years.
- Mangla takes over from Rakesh Ranjan, who completed a two-year term as CEO.
- Zomato reported a 77% year-on-year drop in net profit in Q4 FY25, shutting down some services to focus on sustainable growth.
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SiliconCanals
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273
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Dutch-based GeniusTravel secures €2M for its AI-powered app that plans holidays like a travel agent
- Netherlands-based GeniusTravel secures €2M in funding to develop Genius, an AI-powered app for finding and booking complete travel packages.
- The investment will support the app's launch in the Netherlands first, with plans for expansion across other European markets.
- Genius aims to simplify trip planning for budget-conscious travelers by offering personalized travel options based on preferences and budget.
- The app includes daily travel deals and filters for users to search by budget, destination, and travel dates, with options for booking flights and accommodations directly in the app.
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Dev
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88
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10 Key Lessons from My Failed SaaS Launch
- Lessons learned from a failed SaaS launch include building painkillers, not vitamins.
- Audience validation, pricing strategy, and ongoing marketing efforts are crucial for success.
- Emphasizing conversations over code, metrics action, and emotional resilience are key takeaways.
- Launching is a process, not an event, requiring continuous effort and learning.
- While failure may hurt, it's a valuable learning experience on the path to success.
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Medium
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226
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Three years in: riding the Human-AI Wave
- The author reflects on their journey with human-AI interaction, feeling a transformation from being passive to being active by becoming a creator.
- Invested in companies focusing on human-AI interaction, particularly those with a human-centered approach in mission, user experience, design, and core technology.
- Believes the most significant opportunity in AI lies in human-AI interaction, emphasizing how AI makes us feel and the importance of putting humans in the driver's seat.
- Encourages entrepreneurs to design AI products that prioritize flexibility and empathy to empower individuals and help them become better versions of themselves.
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