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Inc42
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34
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Centre Mulls Expansion Of EV Charging Infra With INR 2,000 Cr Fund: Report
- The Centre plans to expand its electric vehicle (EV) charging infrastructure across major public infrastructure, including airports, highways, railways, and ports, with a focus on battery-swapping services.
- Under the PM E-DRIVE scheme, INR 2,000 Cr has been allocated for setting up EV charging points and battery-swapping stations.
- The government aims to increase public charging stations from 32,500 to 72,300 by FY26.
- The Ministry of Heavy Industries is in talks with various ministries and state governments to identify potential locations for EV charging stations at ports, highways, and airports.
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Medium
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277
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Exposing My Startup Journey: Day 1
- The author shares their tendency to come up with website project ideas and jump from project to project out of excitement.
- During a move in January 2025, the author got inspired to start selling unused home items and tech online.
- Not satisfied with existing marketplaces, the author decided to create their platform, Home Reuse, to sell pre-loved home items.
- Home Reuse aims to offer quality second-hand home items and simplify the selling process on the author's own terms.
- The author, a self-proclaimed minimalist, wants to reduce clutter and share their journey of building Home Reuse on Medium.
- The website will feature pre-loved items and is considered version 1 of the project, meant for the author's items initially.
- The author plans to list products on the website, sharing the journey of Home Reuse without a concrete plan but an experimental approach.
- To maintain a budget, the author decides not to use platforms like Shopify initially, focusing on building their website step by step.
- The article ends with an invitation to follow the author's journey and get insights into the growth of Home Reuse.
- Affiliate links are present in the article, providing the author with potential commissions from purchases made through those links.
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Medium
1d
84
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Docker & Kubernetes: The Ultimate Tools for Startup Success
- Docker simplifies container creation and management, making it easier for startups to move fast without worrying about compatibility issues.
- Kubernetes efficiently scales containers, ensuring that applications remain available, balanced, and self-healing.
- Managed services like Azure Kubernetes Service (AKS) or Google Kubernetes Engine (GKE) offload complex cluster management for startups using Kubernetes in the cloud.
- Adopting Docker and Kubernetes allows startups to build scalable and resilient applications while reducing operational overhead with cloud infrastructure services.
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Yourstory
1d
1.8k
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SoftBank seeking $16.5B loan to fund AI projects amid fresh funding round at OpenAI: Report
- SoftBank Group is seeking a $16.5 billion loan to fund its AI investments in the US.
- OpenAI, backed by SoftBank, has raised $40 billion in a recent funding round.
- The bridge loan, with a 12-month tenor, is being discussed with potential banks.
- SoftBank aims to finance the $500 billion Stargate project through the loan and lead the funding round in OpenAI.
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Yourstory
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320
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Bajaj Auto topples Ola Electric as market leader of electric two-wheelers in March
- Bajaj Auto has become the market leader in the electric two-wheeler segment, surpassing Ola Electric and TVS Motor in March.
- Bajaj Auto sold 34,868 units in March, securing a 26.8% market share.
- Ola Electric fell to the third position with sales of 23,430 units and an 18% market share.
- Bajaj Auto had previously overtaken Ola Electric in December as well.
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Medium
1d
107
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Sam Altman: No April Fool — OpenAI Closes Massive $40B Capital Raise!!!
- OpenAI has closed a massive $40B capital raise, marking a significant milestone in the AI Race.
- The fundraising demonstrates the important role of mega funds and syndicates in supporting large-scale investments in AI.
- This development highlights the growing significance of AI as an investment thesis.
- The fundraising comes in the wake of consolidation by competitors, resulting in a significant threat to OpenAI's language models.
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SiliconCanals
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165
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Hungarian startup Qneiform raises €3M from Amsterdam’s DFF Ventures, Keen Ventures, others
- Qneiform, an HR software platform provider based in Budapest, has raised €3M in a seed funding round.
- The funding round was led by PROfounders and Day1 Capital, with participation from existing investors Keen Ventures and DFF Ventures.
- Qneiform plans to use the funds to improve its data models and platform, as well as expand beyond finance to help organizations in various sectors make hiring decisions based on business results.
- Qneiform has developed comprehensive datasets and technology to provide recruiters with immediate access to talent insights and objective metrics relating to hiring needs and employee development.
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Inc42
1d
169
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Govt Likely To Slash Electric Bus Subsidy To Cater To More Cities
- The government is considering reducing the per unit subsidy for electric buses under the PM E-Drive scheme to cater to more cities.
- Cities like Hyderabad, Surat, Bengaluru, and Pune have raised a subsidy demand for over 15,000 units.
- The newly formed Delhi government is also expected to request a significant number of e-buses.
- Currently, the Centre offers a subsidy of INR 20-35 Lakh per electric bus based on carrying capacity and specifications.
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Economic Times
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73
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The Chinese electric vehicle founder who wants in on Trump's America
- Windrose Technology, founded by Wen Han, has a complex international investment structure, with backing from various countries including China, the US, and Australia.
- Han aims to leverage China's EV manufacturing advantages to sell electric trucks globally, with plans to go public in New York to raise around $400 million.
- Despite facing geopolitical challenges and protectionism, Han reflects on the evolving perceptions of Chinese businesses in the US amidst trade tensions.
- Windrose is disrupting the trucking industry by focusing on electric trucks and benefiting from China's advanced EV supply chain.
- The company faces hurdles in production, regulations, and market entry but has shown quick progress in designing and testing its vehicles.
- Han remains resilient amid skepticism towards Chinese startups in the US, recognizing the need to navigate geopolitical sensitivities in his business ventures.
- While Windrose aims to be a global company, Han is mindful of being associated with China's political system, emphasizing independence from the Communist Party.
- The company's strategy involves securing investments from Chinese state-backed entities while aiming for listings on both US and European stock exchanges.
- Windrose's competitive pricing and deployment strategy seek to challenge Tesla in the electric truck market, targeting earlier market entry and competitive pricing.
- Han acknowledges Elon Musk's influence but is determined to establish Windrose as a significant player in the global EV industry by prioritizing electric truck manufacturing.
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Economic Times
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3
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Chip startup Retym raises $75 million to build chip that will AI connect data centers
- Chip startup Retym has raised $75 million this year as part of $180 million in total funding to pursue networking chips for AI computing in data centers.
- Retym makes chips for digital signal processing (DSP) to enhance information flow between data centers, a crucial need for AI applications.
- The company's chip aims to address bottlenecks in data centers by improving connectivity and coherence for AI computing tasks.
- Retym's first chip, designed to move data over long distances, is currently in the testing phase and expected to be released this year.
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Dev
1d
178
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How I Secured $50K in Startup Support from NVIDIA and Google – And How You Can Too!
- Ahmed Askar, a second-time AI startup founder, shares his experience of securing $50,000 in startup support from NVIDIA and Google.
- NVIDIA Inception and Google for Startups programs offer more than just financial support, including cloud credits, mentorship, networking opportunities, and go-to-market support.
- Step-by-step guide to applying: For NVIDIA Inception, check eligibility, visit the application page, sign up and complete the application, and wait for approval. For Google for Startups, choose the right program, apply online, fill in business and tech details, and monitor your application.
- AI and deep-tech startups can benefit from these programs, and it is encouraged to apply and take full advantage of the offered resources.
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Inc42
1d
336
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Dream11’s Homecoming, Shadowfax Gears Up For IPO & More
- Dream11 has returned to India from the US utilizing the government's reverse flip mechanism to simplify operations and potentially prepare for listing on Indian bourses.
- Moving back to India may come with a high tax burden for Dream11, amidst accumulated tax notices totaling INR 40,000 Cr due to the 28% GST regime.
- Despite hitting a revenue milestone in FY23, Dream11's revenue may decline in FY25 due to tax challenges faced by the fantasy sports industry.
- Shadowfax is gearing up for an IPO at an expected valuation of INR 8,000 Cr, while Ola Electric is infusing funds into Ola Cell Technologies.
- Hood has transitioned to the matchmaking business model under 'Knot.dating', while Foxconn plans to double iPhone production in India by 2025.
- OfBusiness is leveraging AI for its upcoming IPO, PlanetSpark claims to be cash flow positive, and BharatPe achieved breakeven in FY25.
- Several Indian startups are preparing for IPOs, with 23 in various stages, showcasing the continued momentum in the startup listing space.
- RIDEV, a cleantech startup, is deploying electric two-wheelers for ecommerce and quick commerce companies to tackle last-mile carbon emissions in major Indian cities.
- With over 4,000 EVs deployed and partnerships with major players like Tata BigBasket and Amazon, RIDEV aims to build a scalable revenue stream in India's growing EV market.
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Medium
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209
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Investing in Hakimo: AI Agents + Services to Deter Crime
- Hakimo is leveraging AI technology to address the pain points in the physical security industry.
- The company's platform integrates with existing CCTV cameras and access control hardware, eliminating the need for new hardware.
- Hakimo's AI agents monitor properties 24/7 and provide a near-real-time response to threats, reducing false alarms and offering better accuracy.
- Their AI-driven service has prevented numerous security incidents, assisted in arrests, and even saved a life.
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Yourstory
1d
255
Image Credit: Yourstory
Supply chain roadblocks for electric buses; Inside Xebia’s push to nurture tech talent
- India is expected to face above normal temperatures from April to June, impacting water shortages and electricity demand.
- China introduces competing AI agents, with Butterfly Effect's Manus AI at $39 and Zhipu offering AutoGLM for free.
- Arm Holdings projects a potential increase to 50% global market share for data center CPUs by the year-end.
- India aims to deploy 50,000 electric buses by 2030, with manufacturers focusing more on government orders than private entities.
- Public transport authorities have placed over 20,000 e-bus orders by 2024, but OEMs are struggling to meet private sector demands.
- Xebia, a global IT consultancy firm, is focusing on Tier II cities in India to nurture tech talent and drive AI solutions.
- Xebia's strategy includes creating AI-first transformation hubs in cities like Jaipur and Bhopal.
- Xebia plans to recruit 1,000 to 1,500 engineers specializing in AI, automation, and cloud transformation by FY’25-26.
- Apple was fined $162.4 million by French regulators for mobile app advertising dominance, while Huawei posted its first quarterly net loss.
- Renault and Nissan revised their partnership, allowing for a lower minimum required voting stake in each other and adjustments to prior commitments.
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Entrepreneurshiplife
1d
329
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What Small Teams Get Wrong About Managing Big Projects
- Small teams often struggle when managing big projects due to reliance on ineffective habits, tools, and workflows.
- Mistake #1: Small teams often confuse communication with collaboration, leading to missed deadlines and duplicated work.
- Mistake #2: Over-reliance on spreadsheets can cause disorganization and make real-time collaboration difficult.
- Mistake #3: Small teams tend to skip structured processes, leading to repeated problem-solving and dependence on specific team members.
- Mistake #4: Not allocating enough time and flexibility to account for delays and unexpected difficulties.
- Mistake #5: Manual handling of tasks without automation increases the risk of errors and burnout.
- To address these challenges, small teams can utilize purpose-built tools, document workflows, allocate breathing room, and automate tasks.
- Recommended resources for small teams include Trello's Project Management Guide, ClickUp's Project Plan Templates, and Asana's Best Practices.
- Small teams can achieve success in managing big projects by implementing smart and effective systems.
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