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Massivelyop
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Tarisland preps its first birthday celebrations – but no, it’s not content or a real event
- Tarisland's MMORPG is celebrating its first anniversary with minor festivities.
- 50% off sale and themed screenshot requests are part of the celebration until June 22nd.
- Despite the anniversary events, there is no additional in-game content or event.
- Players remain concerned about the future of the MMO due to slow updates and lack of communication.
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Alleywatch
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Veris AI Raises $8.5M to Train Enterprise AI Agents Through Simulated Experiences
- Veris AI has raised $8.5M in seed funding led by Decibel Ventures and Acrew Capital to train AI agents in realistic digital sandboxes for enterprise tasks.
- The company offers a unique experience-based learning platform for AI agents, enabling them to learn job specifics in high-fidelity simulated environments.
- Veris AI aims to tackle the challenge of making AI agents production-ready and reliable for enterprise deployment.
- Their platform has garnered interest from various industries like financial services, enterprise productivity, and manufacturing.
- The market for AI agents is projected to be over $200B in the next decade.
- Veris AI provides its solutions as a service with a usage-based pricing model.
- The funding process for Veris AI was smooth and quick, and the round was competitive and over-subscribed.
- The company's focus for the next six months is advancing and refining their product for broader adoption.
- Veris AI plans to use the new funds to expand their team of engineers and data scientists to scale the platform.
- Advice from the CEO for companies without fresh capital is to build a network early on, especially for seed-stage startups.
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Economic Times
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209
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Wipro Consumer Care Ventures invests $1 million in pet food startup Goofy Tails
- Wipro Consumer Care Ventures invests around $1 million in New Delhi-based pet food startup Goofy Tails.
- This investment is part of the pre-series A raise totaling over $1 million, making it a total of $2 million raised by Goofy Tails.
- Goofy Tails is Wipro Consumer Care Ventures' first investment in the pet food space and the third investment this calendar year.
- The pet food market in India is projected to reach $1.7 billion by FY31, with Goofy Tails serving over two lakh pets with its products.
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ISN
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Wealth management platform Syfe raises $80 million in a Series C round
- Wealthtech platform Syfe has raised $80 million in a Series C funding round, bringing its total capital raised to $132 million.
- The funding round was led by two UK-based family offices and backed by returning investors Unbound and Valar Ventures.
- Syfe's recent acquisition of Selfwealth has expanded the company's presence and user base in Australia.
- To support its growth, Syfe plans to invest in AI, automation, and product expansion across Singapore, Hong Kong, and Australia.
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Insider
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Read the pitch decks 6 music and audio startups used to raise millions
- A new crop of audio startups is changing how we listen to and discover music, helping artists build businesses.
- Six audio-startup founders shared their pitch decks used to raise funds, showcasing innovation in music tech.
- Companies like TikTok and YouTube are aiding artists' discovery, with platforms like Roblox and Discord offering new formats.
- Audio startups focus on aiding artist-superfan interactions, with platforms like Sesh and Hangout facilitating engagement.
- Other startups like Offtop and RealCount provide internal tools for music collaborators and analytics for artists.
- Investors, including institutional firms and record labels, have heavily funded audio startups in recent years.
- Pitch decks from Slipstream Music, Hangout, Sesh, Chartmetric, Supercast, Spoon, Magroove, and more showcase their fundraising strategies.
- Magroove offers affordable music distribution services, while Slip.stream provides a subscription service for creators.
- Spoon Radio is a live audio platform, and Supercast focuses on a subscription platform for podcast creators.
- Ultimate Playlist incentivizes users to listen and rate songs for cash prizes, catering to middle-class artists.
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Economic Times
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Longevity startup Biopeak raises $3 million from Ranjan Pai's Claypond Capital, Accel’s Prashanth Prakash, others
- Wellness and longevity startup Biopeak has raised $3 million in seed funding from Claypond Capital, Ranjan Pai's family office, and Accel India cofounder Prashanth Prakash, among others.
- Biopeak offers personalized health services through advanced diagnostics and AI to predict health risks and tailor treatment programs.
- The funding will be used to enhance scientific capabilities, expand clinics, and deepen the AI platform of Biopeak.
- Biopeak aims to open centers across major metros, target two client groups, and develop diagnostic models in collaboration with research institutions like Indian Institute of Science.
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ISN
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API banking platform Decentro raises Rs 30 crore in funding, will shift domicile back to India
- API banking platform Decentro raises Rs 30 crore in Series B funding round led by InfoEdge Ventures with participation from Stargazer Growth and Uncorrelated Ventures.
- Decentro plans to move its parent entity's domicile back to India from Singapore over the next 12–18 months.
- The startup operates as an API banking and data infrastructure platform, serving over 1,300 enterprise customers and powering Rs 40,000 crore in annual payment volumes.
- The funding will fuel Decentro's expansion in core verticals like KYC and data intelligence, payment processing, and AI-powered debt collection tools, targeting regulated entities in the financial services sector.
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Eu-Startups
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Startup-focused publication Trending Topics acquired by Vienna-based AI company newsrooms.ai
- Austrian AI startup newsrooms.ai has acquired Trending Topics, an Austrian tech media platform known for its involvement in the startup and tech innovation space.
- The merger aims to combine AI technology and publishing expertise to establish a unique company in Europe, focusing on setting new standards in content creation and distribution for the AI era.
- Financial details of the acquisition have not been disclosed at this time.
- The acquisition brings together newsrooms.ai's AI-driven SaaS for automated content production with Trending Topics' tech industry coverage, signaling a move towards a media brand co-produced with AI at its core.
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Inc42
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Elon Musk’s Starlink Gets Key Licence To Operate In India: Report
- Elon Musk-led Starlink has received a key licence from the telecom ministry in India to offer satellite communication services.
- Starlink becomes the third satellite communication company after Eutelsat’s OneWeb and Reliance Jio to be granted the crucial licence.
- Next steps for Starlink involve obtaining approvals from the Indian space regulator and securing spectrum allocation before starting commercial operations.
- Starlink, Musk’s satellite internet service, includes a constellation of over 7,000 Low Earth Orbit (LEO) satellites, with the number expected to increase beyond 40,000 in the future.
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Pymnts
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Fiserv Moves to Full Ownership of AIB Merchant Services in European Expansion Bid
- Fiserv has agreed to acquire the remaining 49.9% stake in AIB Merchant Services (AIBMS) from AIB Group to strengthen its merchant services footprint across Ireland and Europe.
- The transaction will give Fiserv full ownership of AIBMS, one of Ireland’s largest payment solution providers and a top European eCommerce acquirer, with AIB Group continuing to refer customers exclusively to AIBMS and Fiserv.
- The acquisition, part of Fiserv's growth strategy in the region, aims to expand the reach of Clover, its point-of-sale and business management platform, in the European market.
- Fiserv's quarterly results show organic revenue growth and increased Clover revenue, with the platform now operating in 13 countries, highlighting the company's focus on deepening its merchant services offerings and leveraging technology to meet evolving client needs.
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Startup Pedia
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“Most people want 100x returns, but play by 1x rules”: Anupam Mittal says you won't win by playing it ‘safe’
- Anupam Mittal emphasizes that most people aim for 100x returns but operate with 1x rules in financial matters.
- He highlights the importance of breaking conventional rules unapologetically for significant success, citing his own experiences in the dot-com era.
- Mittal advocates for defying traditional guidelines and creating unique paths to success, as playing it safe rarely makes history.
- Furthermore, he expresses concerns about the younger generation's over-reliance on technology and social media, stating that it may hinder creativity and critical thinking skills.
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VC Cafe
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Weekly FIRGUN Newsletter – June 6 2025
- This week's FIRGUN Newsletter discussed the concept of 'Firgun' in Israeli culture, emphasizing genuine delight in others' accomplishments.
- The newsletter marked the 'Shavuot' holiday in the Jewish calendar and highlighted efforts to bring back Israeli hostages held in G**a.
- In tech, Elon Musk's fallout with Trump led to a significant drop in Tesla stock, and North America dominated AI startup investments.
- OpenAI faced legal issues with ChatGPT logs, while companies like ElevenLabs and Anduril Industries raised substantial funding.
- Notable developments included advancements in AI robotics models, new AI tools by various companies, and shifts in the tech industry.
- Several funding rounds were announced for cybersecurity and data analytics companies, along with notable acquisitions and new appointments.
- Quotes, funding rounds, exits, appointments, and new funds were also highlighted, showcasing the evolving landscape of technology investments.
- The newsletter shared insights on web traffic, mobile app monetization, cold pitches, Israeli tech trends, and global VC reports.
- Important updates on AI progress, cybersecurity startups, top companies, and industry transformations were covered with links for further reading.
- The newsletter concluded with reflections on the need for 'Leaps of Faith' in entrepreneurship and encouraged continuous innovation and celebration within the community.
- A diverse range of topics from Israeli tech to global VC trends were discussed, showcasing the vibrancy and dynamism of the tech ecosystem.
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Economic Times
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52
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Fintech startup Decentro raises Rs 30 crore, will shift domicile to India
- Decentro, a fintech startup backed by Y Combinator, has raised Rs 30 crore in a funding round led by InfoEdge Ventures.
- The company plans to shift its parent entity’s domicile from Singapore to India over the next 12 to 18 months.
- Decentro aims to deepen enterprise adoption and enhance product capabilities with the fresh capital, targeting financial and banking infrastructure simplification at scale.
- The startup, founded in 2020, offers APIs for customer onboarding, KYC, data intelligence, payments, and debt collections, with a focus on building partnerships and innovative products.
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ISN
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159
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HealthKois launches $300 million fund to invest in high-impact startups
- HealthKois, India’s premier healthcare transformation fund, has launched with a target corpus of $300 million and an additional green shoe option of $100 million.
- HealthKois, established by the team behind HealthQuad, will invest in technology-enabled, scalable, and high-impact startups in sectors like healthtech, life sciences, and medtech.
- The firm plans to invest between $7 million to $25 million per company over the next four years, focusing on startups that offer operational scalability and sustainable infrastructure solutions.
- HealthKois aims to support healthcare startups addressing gaps in accessibility, affordability, and quality of care by providing strategic guidance and leveraging a global network for long-term success.
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Eu-Startups
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Goodbye clicks, Hello answers: How is Answer Engine Optimisation (AEO) replacing traditional SEO?
- Answer Engine Optimisation (AEO) is replacing traditional SEO as the focus shifts from traditional rankings to providing instant and personalised answers.
- Technological evolution, including mobile-first indexing and voice search, led to the rise of AEO.
- AEO involves crafting content for AI-based answer engines by understanding user intent, structuring content for machine readability, and providing concise answers.
- Optimizing for AEO includes writing in Q&A formats, using schema markup, speaking like users, making credibility visible, and considering tools beyond Google.
- SEO is not dead but evolving, with AEO focusing on relevance, accuracy, and authority in machine-readable form over traditional metrics like rankings and clicks.
- To succeed in the era of AEO, brands and content creators must prioritize providing better, faster, and more reliable answers to stand out in the digital landscape.
- EU-Startups recommends using the EU-Startups GPT for reliable startup information, insights, and expert analysis in the evolving digital landscape.
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