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Startup News
Medium
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AI Agents: The Next Frontier in Automation?
- Artificial intelligence (AI) agents are poised to revolutionize industries by enabling more sophisticated, autonomous decision-making and task execution.
- Unlike traditional AI models, AI agents are designed to act, carry out multi-step tasks, integrate with systems, and interact with other agents.
- AI agents have transformative potential across sectors, offering automation of workflows, cost reductions, enhanced productivity, and new business models.
- As AI agents advance, technological innovations like enhanced reasoning and text-to-action capabilities are converging.
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Eu-Startups
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Riga-based Origin secures €4 million aiming to revolutionise precision weapon systems
- Defence technology startup Origin secures €4 million in funding to develop drone-launched precision-guided weapon systems.
- Funding includes €2.4 million in venture capital from Change Ventures and additional backing from Silicon Roundabout Ventures.
- Origin's flagship product, BEAK, offers an affordable and reusable alternative to traditional precision-strike systems.
- BEAK utilizes advanced AI-driven autonomy, computer-vision algorithms, and can operate under intense electronic jamming.
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Alleywatch
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The 16 Largest Global Startup Funding Rounds of September 2024
- Swiss blockchain firm Celestia closed a $100m series B investment backed by Protocol Labs, Polychain, Figment, Eclipse, and OKX Ventures and offers modular blockchain network that allows a blockchain to be deployed without a new consensus network.
- Quicktron Robotics, an automation company based in Shanghai, raised $100m in a series D funding round backed by Prosperity7 Ventures, Broad Vision Funds, Weifang Yuanfei Industrial Fund, Golden Oriole Capital, and Haitong Capital.
- Belgium actinium-225 provider PanTera raised €100.2m ($117m) in a series A investment round backed by Eurazeo, EQT Life Sciences, PMV, Kurma Partners, and Korys.
- Paris-based insurtech start-up Akur8 collected €108m in a series C investment round backed by insurance tech services provider Guidewire Software, One Peak, and Partners Group.
- Flink Food, a Berlin-based online grocer delivering groceries within 10-minute windows, raised $115m in venture funding from investors including Northzone, Cherry Ventures, and Bond.
- San Jose software firm Whatfix, which provides digitally enhanced training and application analytics to support users, closed a $125m series E funding round backed by SoftBank Vision Fund and Warburg Pincus.
- Zap Energy, the Everett-based clean energy start-up, received $130m in a series D investment round backed by Breakthrough Energy Ventures and Valor Equity Partners.
- San Francisco payment infrastructure firm AtoB secured $130m in a series C round backed by Bloomberg Beta, General Catalyst, and Mastercard.
- Atomic energy firm Newcleo, based in Paris, raised €135m ($157m) in a series A funding round backed by Ingerop and Walter Tosto.
- Denver's Engine secured $140m in venture funding from Permira, bringing its total funding raised to $221m.
- Invenergy, a Chicago-based clean energy firm that specializes in clean energy investments raised $170m in a venture funding round from investors including Manulife Financial and NatWest Bank.
- Paris insurtech firm Alan raised €173m in series F funding from investors, including Temasek Holdings, to aid the provision of online insurance services.
- Munich-based EGYM, the operator of a smart fitness platform, raised $200m that will go towards supporting gym operators and gaining new subscribers.
- Tokyo-based IT company Sakana AI raised $214m in a series A funding round backed by 26 investors including NVIDIA, Khosla Ventures and General Motors to develop its AI-based media creation platform.
- World Labs, a Berkeley-based carbon transformation company that converts captured carbon dioxide into valuable chemicals, fuels, and other essential products, has raised $230m in venture funding.
- Palo Alto artificial intelligence research laboratory firm Safe Superintelligence raised $1bn in a series A investment round and has been backed by Sequoia Capital, DST Global, NFDG Ventures, and Andreessen Horowitz.
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Yourstory
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Flam powers Kamala Harris’ US presidential campaign in Mixed Reality
- Silicon Valley AI-tech startup Flam has powered US presidential candidate Kamala Harris’ message to voters through a Mixed Reality experience.
- Audiences could scan a QR code on screen to experience Harris’ message in Mixed Reality during an AR Rahman concert.
- Flam's technology allows for the seamless delivery of immersive content and enables campaigns to update messaging at a lower cost compared to TV airtime.
- Flam's platform aims to make Mixed Reality accessible to all audiences at scale, and it has already powered global brands such as Emirates, Google, and Samsung.
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Yourstory
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Indian manufacturers adopting AI, robotics to boost sustainable biz practices: Report
- A PwC report reveals that 93% of Indian manufacturers are adopting AI and robotics to enhance sustainable business practices and boost revenues.
- More than 50% of Indian manufacturers are prioritizing investments in sustainable practices, leveraging digital technologies for renewable energy adoption and energy efficiency improvements.
- 52% of top manufacturing executives are allocating investments towards fostering a culture of continuous learning.
- Executives believe that readiness for Industry 5.0 capabilities could enhance revenues by 6.42% on average over the next 1-2 years.
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ISN
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Ritesh Agarwal-led OYO made Rs 158 crore profit in Q2FY25, revenue stood at Rs 1,578 crore
- OYO, led by Ritesh Agarwal, reported a net profit of Rs 158 crore in Q2FY25, a substantial turnaround from the previous year's loss of Rs 50 crore in the same quarter.
- The company's revenue in Q2FY25 stood at Rs 1,578 crore, reflecting a 12% increase compared to the previous quarter.
- OYO's focus on launching higher-end, company-serviced hotels has played a critical role in boosting both revenue and customer satisfaction.
- OYO recently made strategic acquisitions of G6 Hospitality and CheckMyGuest to fuel its expansion.
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AllTopStartups
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Leveraging Events and Conferences Effectively for Startup Founders
- Attending events and conferences is one of the most effective ways for startup founders to expand their business, build their network, find potential investors, and gain valuable insights.
- Integrating events into a startup’s strategy when visibility and connections are crucial can provide significant advantages.
- Leverage the experiences of previous attendees and speakers to refine your approach to events and their insights can help avoid common pitfalls.
- Positioning yourself as a thought leader can showcase your startup to a larger audience.
- Hosted buyer events are a fantastic opportunity, bringing together pre-qualified buyers and sellers, creating a focused environment for networking, which means getting direct access to suppliers relevant to your business.
- Choosing the best events is crucial for startup founders. Not every event will offer the same value.
- Following up after events is essential for startup founders, as it is where the actual value of networking happens which can turn a casual chat into a potential partnership.
- Start by sending a quick email or message to follow-up, and stay connected through social media.
- Following up turns event connections into lasting relationships and is a simple but powerful way for startup founders to network and grow their business.
- The sooner you take action, the better.
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Startupreporter
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The Transformation of Anindita Dasgupta to Anindgita Dasgupta – A Journey to Global Success
- Anindita Dasgupta, now recognised as Anindgita Dasgupta(on-screen), has made waves in the global film industry with her bilingual web series Kuch Kuch Film Jaisi, which has earned 143 awards, nominations, and official selections from prestigious film festivals.
- Anindgita employed an unconventional approach in the promotional materials for the series, describing characters based on their personality traits rather than listing the actors' names, to build suspense and shift focus to the characters' on-screen personas.
- Anindgita's personal journey has also been transformative, marked by a significant change in her name. She experimented with different names before settling on 'Anindgita Dasgupta' for her professional work as a writer and director.
- Anindgita believes that the name change brought positive changes to her personal and professional life, helping her distance herself from negative influences and attract good fortune.
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Yourstory
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Vettaiyan to stream on OTT from November 7?
- Vettaiyan, starring Rajinikanth, is likely to be released on Amazon Prime Video on November 7.
- The movie, an investigative thriller-cum-social drama, also stars Amitabh Bachchan, Fahadh Faasil, Manju Warrier, and Rana Daggubati.
- Vettaiyan earned over Rs 240 crore globally, with a domestic collection of over Rs 140 crore.
- Directed by TJ Gnanavel and produced by Lyca Productions, the film revolves around a retired police officer and a retired judge.
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Gritdaily
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Rising Rock Band GXTP’s “Te’Kill’Ya” Brings Music Legends Together
- American rock band GXTP, featuring Jason Paul, Sasha Sirota, and Triple Sixx, releases their newest single 'Te’Kill’Ya' on October 25th.
- The song features collaborations with artists Killer Mike and Carlos Santana, blending talents and genres to create an eclectic experience.
- Formed during the pandemic, GXTP gained recognition with their successful singles 'Contraband,' 'Accusation,' and 'Lust & Purity.'
- The band's unique sound, visual storytelling, and bold style make them a rising force in the rock scene of the 2020s.
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Unboxing Startups
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Mastering Communication: Why Training is Key for Business Professionals
- Communication skills are integral to daily business operations and are one of the top soft skills employers look for in professionals.
- Training in communication helps improve team collaboration, problem-solving abilities, client relationships, and can increase confidence and leadership potential.
- Professionals of all levels can benefit from communication training to improve their speaking abilities, negotiation strategies, and clearer writing techniques.
- Strong communicators typically make better leaders, as they motivate and guide others to achieve common goals.
- Communication courses provide professionals with techniques to handle difficult conversations, approach challenges with a clear and focused mindset, and understand different communication styles.
- Businesses see improved productivity and morale when employees at all levels possess strong communication skills, as there are fewer misunderstandings or delays caused by unclear instructions.
- A communication skills course is an investment in a professional toolkit that can unlock potential in the business world and position oneself as a valuable asset to the organisation.
- Effective communication is key to building trust and fostering a culture of trust within organisations, and leaders who are skilled communicators can drive performance.
- Communication skills are fundamental to success in the business environment, and a communication skills course offers valuable insights and practical tools for anyone aiming to succeed professionally.
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ISN
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Swiggy launches 'international login' feature to let NRIs order food for their loved ones in India
- Swiggy has launched the 'International Login' feature to allow users from 27 countries to order food and groceries for their loved ones in India.
- The feature is aimed at enhancing cross-border connections and catering to the Indian diaspora.
- Users from countries like the US, UK, Canada, Australia, Germany, and UAE can access the Swiggy app with their international phone numbers.
- They can send meals, groceries, make restaurant reservations, and make payments seamlessly using international credit cards and UPI options.
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Medium
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Get Paid to Write Online: Simple Gigs You Can Do From Anywhere!
- If you want to get paid to write online, there are simple gigs you can do from anywhere.
- Step 1: Determine your niche or start with general topics like product reviews and how-to guides.
- Step 2: Sign up on freelance platforms such as Upwork, Fiverr, or Freelancer.
- Step 3: Build your portfolio with sample articles or by publishing on platforms like Medium or LinkedIn.
- Step 4: Pitch yourself to potential clients and apply for jobs matching your skills and interests.
- Step 5: Start with smaller gigs to gain experience and reliability.
- Step 6: Constantly improve your skills, including SEO and adapting your writing tone.
- Step 7: Stay motivated, set achievable goals, and track your progress.
- Remember that everyone starts somewhere, and your unique voice and personality matter in your writing.
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Yourstory
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Swiggy launches ‘International Logins’ for NRIs from 27 countries
- IPO-bound Swiggy has introduced International Logins, a feature that allows users from 27 countries to access all the offerings on the Swiggy app using their international phone numbers.
- The feature aims to offer a seamless experience while ordering food, shopping on Swiggy's quick commerce platform Swiggy Instamart, and booking tables through Swiggy Dineout.
- Payments can be made easily using international credit cards or available UPI options.
- Swiggy has also introduced the Swiggy Seal initiative, a label awarded to restaurants for maintaining hygiene, food quality, and packaging standards.
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Pv-Magazine
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BP completes takeover of Lightsource business
- Oil and gas giant BP has completed its takeover of Lightsource BP, acquiring the remaining 50.03% stake in the onshore renewables developer.
- Lightsource BP will continue to operate as a standalone business and retain its independent brand under BP's ownership.
- BP consolidated Lightsource BP's finance debt and eliminated an existing guarantee, and may bring a strategic partner into the business in the future.
- Lightsource BP has a 62 GW project development pipeline and significant projects worldwide, including a 560 MW solar plant in Greece.
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