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Startup News
Insider
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Granola is yummy. This AI version is pretty good, too.
- Granola is an AI notetaking assistant recently tested by Business Insider's Tech Memo newsletter.
- Granola impressed with its post-interview features, providing thematic summaries and action items based on prepared questions and notes.
- However, a major drawback of Granola is its inability to record audio of meetings, which is crucial for journalists to verify quotes accurately.
- Granola's decision not to store audio recordings is based on focusing on summarizing meetings efficiently while ensuring data security.
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TechJuice
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US Tech Fund Commits $10 Million to 2 Pakistani IT Entrepreneurs
- Two Pakistani IT entrepreneurs, Mehwish Salman Ali and Malik Mudassir, are set to receive $10 million funding from the USA-based JR Dallas Tech Fund to lead a U.S.-focused startup investment initiative.
- The duo will have full authority to invest in high-potential startups in fields like artificial intelligence, cloud computing, digital health, and frontier technology ventures targeting U.S. market expansion.
- The $10 million commitment aims to create 300–500 high-skilled technology positions within 24 months and generate $50–100 million in U.S. economic activity within three years, accelerating breakthrough technologies.
- Jehangir A. Raja, Managing Partner at JR Dallas Tech Fund, expressed confidence in Mehwish and Malik's ability to identify the next generation of game-changing startups and bridge the gap between global innovation and American market opportunity.
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Insider
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VC giant Andreessen Horowitz's power move has spurred some niche drama at New York Tech Week
- Venture capital firm Andreessen Horowitz made a power move at New York Tech Week, causing drama.
- Partiful became the only official events platform at the conference, causing issues for some.
- Andreessen Horowitz is invested in Partiful but not in rival platform Luma.
- Tech Week, initiated by A16z in 2022, faced criticism for making Partiful mandatory this year.
- Several organizers and attendees have raised concerns over the exclusive use of Partiful.
- A shift towards using Partiful has impacted event planning and participation at Tech Week.
- Some organizers faced challenges with listing their events on the official Tech Week schedule due to the Partiful requirement.
- Tech Week attendees expressed mixed feelings about transitioning to Partiful from the previously popular Luma platform.
- Luma and Partiful are both event management platforms, each with its own user base and functionalities.
- The exclusive use of Partiful at Tech Week could potentially increase its popularity and usage among participants.
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Hitconsultant
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Canid Raises $10M to Streamline Pediatric Vaccine Management for Independent Practices
- Canid, a healthcare technology company focusing on pediatric vaccine management, has secured $10M in Series A funding led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB, and others.
- The total capital raised by Canid now amounts to $12.9M, and the funding will be used for the company's expansion to support independent pediatricians across the U.S.
- Pediatric vaccine management poses significant administrative and financial challenges for independent practices, with physicians spending an average of 15 hours per week on administrative tasks.
- Canid's automated platform, integrated with electronic health records, aims to streamline vaccine management processes, reduce overhead, and provide automated logistics, guaranteed payments, and data-driven patient outreach.
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ISN
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Flipkart becomes first major Indian online retailer to receive NBFC license from RBI
- Flipkart has become the first major Indian online retailer to receive a non-banking financial company (NBFC) license from the Reserve Bank of India (RBI).
- The license allows Flipkart to lend directly to customers and sellers without the involvement of partner banks or third-party NBFCs, marking a significant development in how credit is delivered on Indian e-commerce platforms.
- While Flipkart cannot accept deposits under NBFC norms, it can offer various loan products such as short-term personal loans, EMIs, and working capital credit for its seller ecosystem.
- The company plans to make credit more accessible by leveraging internal data and behavioral insights, with the license expected to unlock deferred payment options and customised credit lines for users and merchants.
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Medium
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How to Build a $1M+ AI Startup in a Weekend (Apparently)
- Building a million-dollar AI startup now requires a prompt, a Stripe account, and the audacity to call yourself a 'founder' on LinkedIn.
- In a recent podcast episode, Sam Parr and Greg Isenberg discuss the trend of building AI startups quickly without the need for traditional resources like venture capital or a specific degree.
- Their blueprint involves leveraging AI technology to create a product fast, even if the idea seems simple, with the potential for significant success.
- While many AI startups may fail, the ones that succeed can lead to substantial rewards such as acquisition deals, and even failed attempts can bring visibility and opportunities.
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Inc42
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Amazon Thinks It’s Prime Time For Ads; Will Brands Tune In?
- Amazon Prime Video has introduced ads in India, deviating from its previous ad-free model.
- Users will now experience 'minimal ads' that cannot be skipped on Prime Video.
- Amazon plans to charge an additional fee for an ad-free viewing experience.
- The move towards AVOD (ad-supported video on demand) aligns with changing viewer preferences.
- Amazon aims to cater to the majority of Indian users who consume free, ad-supported content.
- The shift to ad-supported models helps fund content creation while keeping subscription rates low.
- Amazon's strategic shift to AVOD represents a hybrid model at the master brand level.
- Amazon has a strong data environment that enables hyper-targeted ad placements.
- The introduction of 'minimal ads' creates a new revenue stream for Amazon without legal complications.
- Experts believe Amazon's ad revenue success will depend on specialized ad products and engagement with users.
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Economic Times
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ETtech Deals Digest: Startups raise $142.7 million this week, up 8.5% on-year
- Startups in India raised $142.7 million in funding across 14 rounds between May 31 and June 6, up 8.5% from last year.
- Top deals this week included Syfe raising $53 million, Udaan closing a $114 million funding round, Stable Money raising $20 million, LoanTap raising $6.2 million, GyanDhan securing Rs 50 crore, Pepperfry raising Rs 43.3 crore, and StrideGreen raising $3.5 million.
- Deal activity was high among late and early-stage startups, lagging in the seed stage.
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Inc42
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Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business
- Porter was founded in 2014 by three IITians with a vision to 'uberise' logistics and bring innovation to India's hyperlocal delivery business.
- The startup caters to both B2B and B2C segments, offering services like enterprise-level goods movements, packers-and-movers, and intercity courier services.
- Porter became India’s second unicorn in 2025 with a significant funding round, aiming to expand to more Indian cities and overseas markets.
- The company plans to increase its SME customer base, incorporate more electric vehicles, and achieve profitability in the current financial year.
- Porter's revenue growth has been substantial, with a strategic focus on efficiency and technology-driven solutions.
- The startup's core thesis was asset utilization, aiming to improve efficiency by connecting demand and supply using technology.
- Porter evolved through different phases, gradually introducing technology to automate operations and improve customer experience.
- The company diversified its service offerings to include various vehicle categories and expanded into intercity courier and parcel services.
- Porter's success in intracity logistics is attributed to deepening service offerings and enhancing customer experience through technology.
- Challenges ahead for Porter include scaling EV adoption, competing with new entrants, and maintaining service quality while scaling operations.
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TechCrunch
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Startup Battlefield 200: Only 3 days left to apply
- Startup Battlefield 200 application deadline is in 3 days.
- Over 10,000 tech titans, top-tier VCs, and media powerhouses will be watching the competition.
- Only 200 out of thousands will be accepted, with the winner receiving $100,000 in equity-free winnings.
- Startup Battlefield offers various perks including free exhibit space, all-access tickets, press lists access, and more.
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Eu-Startups
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London-based Latent Technology raises €7 million to redefine game animation with generative physics
- Latent Technology, a British game technology company, has secured €7 million in Seed funding to scale its AI-driven physical animation technology.
- The funding round was co-led by AlbionVC and Spark Capital, with participation from Root Ventures and Alumni Ventures, enabling Latent to further develop its breakthrough animation technology.
- Latent's innovative Generative Physics Animation combines neural networks and physics to create dynamic, real-time character movement in video games, offering new creative possibilities for developers and players.
- The investment will support the development of Latent's 'Latent Behaviour Engine,' allowing developers to deploy emergent behaviors based on generative physics in games, with the company showcasing its technology through upcoming tech demos.
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TechCrunch
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Final call: Only 2 exhibitor tables left — book before the clock strikes zero
- Two exhibitor tables remain for TechCrunch All Stage event in Boston on July 15, with booking closing today at 11:59 p.m. PT.
- TechCrunch All Stage is a founder-focused conference that helps startups from early-stage to IPO get discovered, funded, and fast-tracked by investors and industry leaders.
- Benefits of booking an exhibitor table include a full-day exhibit table, premium brand placement online and on-site, event passes, access to investors, media, and clients, and exposure through TechCrunch's exhibitor listing.
- Last opportunity to secure a spot at TC All Stage in Boston for brand visibility and networking as only two tables are left. Book now before the deadline expires.
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ISN
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Stride Green raises $3.5 million in a seed funding round led by Micelio Technology, others
- Climate-tech platform Stride Green raises $3.5 million in seed funding round led by Micelio Technology and other investors.
- Funds will be used to expand the team, enhance capabilities, and support future growth in sustainable energy sectors like electric mobility and renewable energy.
- Stride Green, founded by Ishpreet Gandhi and Vivek Jain, focuses on asset management and finance solutions for sustainable businesses.
- The startup offers impact-focused leasing and financing platform with real-time data analytics for improved asset performance in the green economy.
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Inc42
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Vecmocon To Raise $8.7 Mn From Aavishkaar Capital, Others
- Vecmocon Technologies, an EV intelligence startup, is set to raise INR 74 Cr (around $8.7 Mn) in a funding round led by Aavishkaar Capital and existing backers EIF and Blume Ventures.
- The funding round includes both primary and secondary deals, with primary round involving issuance of new shares worth INR 50.4 Cr, where EIF is investing INR 21 Cr and Aavishkaar the rest.
- On the secondary side, Tessellate Tech Ventures is exiting fully by selling its 2.97% stake for INR 15.85 Cr, with other investors and co-founders also selling shares in the total value of INR 23.7 Cr.
- Vecmocon, offering various EV services, had previously raised $10 Mn in a Series A round in 2024, and the current funding aligns with the growing Indian EV market focus on solving core issues like charging infrastructure and battery performance.
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SiliconCanals
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AI tool of the week: Netdata Insights, a tool that helps engineers find and fix system issues faster
- Netdata Insights is an AI-powered reporting engine by Netdata, an open-source observability company, aimed at converting complex telemetry data into structured intelligence.
- The platform compresses telemetry data into structured context bundles, processes them using advanced large language models (LLMs), and delivers human-readable summaries with actionable recommendations.
- Netdata Insights significantly reduces the time spent investigating incidents or planning capacity upgrades by interpreting system behavior, rendering reports, and ensuring consistency in incident analysis.
- This tool is now available as a research preview, offering users on Netdata's free trial and business plans up to 10 reports at no additional cost, providing insights for infrastructure monitoring without the need for extensive configuration.
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