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Startup News
Inc42
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How Startups & Enterprises Harness AI-Powered Data Insights To Drive Business Growth
- Big data analytics has emerged as a game-changer across industry segments and organisations of all sizes.
- According to the Data Streaming in APAC report by Confluent, nearly half of Asia Pacific organisations (48%) are actively democratising the use of AI/ML across their operations.
- Speakers underlined the critical importance of real-time data insights and the growing complexity of navigating the information explosion with cloud computing on the rise.
- A well-crafted data strategy roadmap is essential to achieve business goals, and it requires resources to build the data infrastructure and an implementation timeline before optimising data usage for decision-making.
- Access to vast consumer data allows Confluent to extract deeper insights and equip businesses with use cases popping up during the data-to-insights journey.
- Emerging job roles in the data analytics continuum will transform work as we know it, opening many new opportunities.
- Challenges of data analytics lie in monetising data's value from every aspect and poor documentation.
- Startups and enterprises across the country have incorporated AI-powered data analytics into their core strategies for long-term success.
- Harnessing big data and the power of AI will result in improved business models and a fast-evolving industrial landscape.
- Overcoming these challenges requires that we create differentiating rules for human-centric and AI-driven data analysis that is suitable for respective business models.
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Startupreporter
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Yash Umesh Wala- From Engineering to Entertainment—A Cinematic Journey of Passion and Talent
- Yash Umesh Wala is a dynamic talent whose career transitioned from engineering to the entertainment industry.
- Despite earning a degree in Mechanical Engineering, Yash's true passion was always in cinema.
- He has acted in Loser Season 2 and produced the short film Chitta Khoon, which was screened at Pinewood Studios' Film Festival.
- Yash has also worked as an assistant director and has collaborated with renowned figures in the industry.
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TechRound
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Experts Share: What To Consider When Running A Hospitality Startup
- 76% of hospitality employees in the UK are not concerned about AI and other technologies taking over their jobs, according to a survey by YouGov for SafetyCulture.
- However, some 28% of Gen Z and millennial workers were less confident than their older colleagues.
- Technology is seen as a solution to staff shortages that are set to get worse, with 63% of respondents expecting problems in recruitment.
- CGA’s Hospitality Business Tracker recorded a 1.7% increase in sales in September. Restaurants performed better than bars, with sales up by 3.2%, while bad weather contributed to a 3.8% drop in bar sales.
- Deloitte’s Confidence Index found that optimism in the UK hotel sector remained high despite a slight dip from 2018, with hoteliers expecting moderate growth in Revenue Per Available Room this year.
- Experts have shared tips for those starting hospitality start-ups. Suggestions include focusing on public relations and the development of the company brand, building trust and a reputation for the meeting client requirements, running thorough business plans, marketing using social media and establishing an understanding of HR and accounting.
- While many successful owners are hands-on with their business, it is important to understand the amount of time you will need to invest in your restaurant, though it is also important to create a strong management team to allow the opportunity for time off.
- According to Forbes Burton, insolvency has been a growing risk in the hospitality sector in recent years.
- In addition, a VAT anomaly sees hospitality businesses paying out more than 20% of their sales in tax, without being able to claim back VAT from their purchases.
- Despite the above issues, there is still room for innovative start-ups that can buck the trend.
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Inc42
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Swiggy Launches ‘International Login’ For Users To Order Food From Abroad
- Swiggy has launched 'international login' feature for users abroad to order food and groceries for their loved ones in India.
- The feature is available in 27 countries including the US, Canada, Germany, UK, Australia, and the UAE.
- The launch aims to cater to international customers during the festive season.
- Swiggy's consolidated net loss widened in Q1 FY25, but the operating revenue surged in FY24.
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Dev
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SEO from a Newbie for Beginners
- The article provides tips and tricks, from a novice's point of view, for improving a website's SEO, particularly for those running indie projects and struggling with site traffic.
- The first set of tips involves domain registration and building a site using server-side rendering, which Google prefers over JavaScript rendering.
- Google Search Console is recommended as a user-friendly tool for spotting site errors and boosting indexing.
- The author makes a case for Ahrefs as a great tool for site analysis.
- Several aspects of a website can be improved for optimal SEO, including meta structure of .md files, titles and descriptions, favicon, OG tags, and 404 pages.
- The article also touches upon backlinking, offering tips on sourcing reputable links versus spammy ones, and emphasizes the value of creating genuinely useful content.
- SEMrush and Product Hunt are mentioned as useful SEO resources.
- Overall, the article offers practical guidance for indie project owners looking to harness the power of SEO without being overwhelmed by the technical jargon.
- Additionally, the article provides insights on how backlinks, metadata optimizations, and other techniques help accelerate the growth of indie startups.
- Last but not least, the article provides sample code snippets and Bash scripts needed to optimize SEO.
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ISN
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Wellbeing Nutrition ropes in Soha Ali Khan & Kunal Kemmu to strengthen its sports performance range
- Wellbeing Nutrition has roped in Soha Ali Khan and Kunal Kemmu for its latest campaign promoting the brand's protein products range.
- The Mumbai-based wellness brand sees the collaboration with Soha and Kunal, known for their balanced lifestyles and commitment to fitness, as a natural fit.
- Wellbeing Nutrition offers a range of FDA-approved, gluten-free, and non-GMO nutrition products across various health categories.
- The global protein supplements market is expected to reach $55.32 billion by 2032, driven by growing health awareness and the need for convenient nutrition solutions.
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VIE Stories
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Google Pay vs PhonePe vs Paytm: Key Differences and Features Compared
- PhonePe, Paytm, and Google Pay support UPI payments, but PhonePe has the highest number of UPI transactions. Both Paytm and PhonePe provide wallet services, but Google Pay does not have a wallet.
- Paytm provides a wide range of services, such as e-commerce, ticket booking, and wealth management, while PhonePe is best for a simple and user-friendly experience, and Google Pay is best for online mobile payments.
- Paytm has a big network of merchants and businesses that accept Paytm payments, while PhonePe and Google Pay are catching up in this regard.
- All three platforms offer cashback and discounts regularly to their customers.
- PhonePe has a “Switch” feature that helps users access different apps and services directly within the PhonePe app.
- PhonePe, Google Pay, and Paytm provide customer support through their apps and websites, promptly addressing user concerns and issues.
- All three platforms use biometric authentication methods and two-factor authentication, like fingerprints and facial recognition, to protect user accounts along with data encryption and fraud detection.
- These platforms have played a vital role in promoting digital financial inclusion, encouraging people to use cashless transactions and supporting small businesses and local shops accept digital payments.
- Choosing between PhonePe, Google Pay, and Paytm depends on specific user needs and preferences.
- Gpay, PhonePe, and Paytm offer secure online transactions with competitive cash back offers.
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Insider
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AI startups are red hot. Check out 40 pitch decks used by founders to land funds from some of the biggest tech investors.
- AI startups have raised about $84 billion in VC funding globally in 2024. Investment into startups using or creating artificial intelligence hit a record high in 2021, with $113.3 billion poured into the sector.
- Recent high-profile funding rounds include Paris-based Mistral's $640 million raise, as well as OpenAI's banner $6.6 billion funding round which catapulted its valuation to $157 billion.
- There are 40 pitch decks that founders used to raise millions for their AI startups, from top investors such as Temasek, Insight Partners, Alven, Index Ventures and more.
- V7 is a startup that uses AI to speed up the property-buying process. Orbital Witness used a 14-slide pitch deck to raise $9 million.
- ElevenLabs is a startup founded by ex-Google and Palantir staffers that uses AI to generate realistic voiceovers. It used a 14-slide pitch deck to raise $2 million.
- Healthtech startups are also raising funds: Thymia uses AI to assess and track patients' mental health conditions raising $2.7 million, and This startup using AI to help nurses manage their workflow just landed $5.3 million.
- Other enterprise AI startups include V7, a startup that helps Fortune 500 companies build computer vision AI models, and Opus, which uses AI to help train up deskless workers.
- Buynomics uses behavioural economics to help predict customer behaviour and Screenloop use AI to remove unconscious bias in recruitment, raising $7 million in seed funding.
- Fetch.ai helps companies build and deploy autonomous smart agents, raising $40 million with a 19-slide pitch deck.
- Centuro Global, an AI startup, raises $4 million by using a 16-slide pitch deck.
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Startupreporter
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Spark Private Wealth Management Surpasses INR 25000 Crores In AuM and AuA
- Spark Private Wealth Management has reached INR 25,000 Crores (USD 3.3 billion) in Assets under Management & Advisory (AuM & AuA).
- The achievement positions Spark Private Wealth Management as one of the fastest-growing wealth management firms in India.
- The company's growth is attributed to its client-first approach, personalized wealth solutions, and leveraging integrated capabilities.
- Spark PWM offers products and services to help affluent families, business owners, family offices, entrepreneurs, and CXOs manage and grow their wealth.
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TechUniverses
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GaN Power Devices: The Radiation-Resistant Choice for Aerospace Applications
- Aerospace systems, like satellites and spacecraft, face harsh conditions. One of the most promising technologies to address this challenge is gallium nitride (GaN) power devices. GaN is perfect for aerospace use due to its strong radiation resistance.
- GaN electronics remain stable in extreme radiation, unlike silicon devices. The impressive radiation resistance of GaN materials is supported by several important mechanisms. GaN power devices are valuable in aerospace. They boost satellite communications and enable deep-space exploration.
- GaN power devices have a bright future in aerospace. With improvements in production, GaN devices are expected to become cheaper. Research is ongoing to boost GaN’s radiation resistance.
- Recently, GaN manufacturing has advanced. Better growth techniques and larger wafers have improved device quality and reliability. Also, design and processing improvements have boosted GaN power electronics.
- Combining GaN with silicon circuits is tricky. It requires careful thermal management due to differing expansion rates. GaN power devices for aerospace need strict testing to ensure reliability in harsh conditions.
- Manufacturers must meet military and space-grade standards. They use accelerated stress testing to predict performance and failure in aerospace conditions. These thorough procedures ensure GaN devices are reliable for critical aerospace systems.
- GaN’s high ionization and displacement energy protect its structure and properties. This makes GaN better than traditional silicon for aerospace applications. So, the use of GaN power devices is rising in aerospace systems.
- Examples of GaN in Aerospace Applications include NASA’s Deep Space Network (DSN), Satellite Power Management Systems, SpaceX’s Starlink Project and European Space Agency (ESA) Communication Systems.
- GaN devices have a bright future in aerospace. As the demands for satellites and spacecraft grow, GaN technology will be crucial. Its high radiation resistance, efficiency, and durability make it ideal for advanced space missions.
- In summary, GaN power devices are changing the aerospace industry and their future is even more promising. GaN power devices are the radiation-resistant choice for aerospace applications.
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Eu-Startups
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The impact of Article 9 funds: driving sustainable investment in the EU
- The Sustainable Financial Disclosure Regulation (SFDR) in the EU has introduced three categories for funds to classify themselves based on their environmental and social impact, with Article 9 being the most rigorous of the three.
- Nearly 1,000 Article 9 funds exist across various asset classes, managing over €300 billion, playing a crucial role that guides investments towards achieving net-zero greenhouse gas emissions.
- The SFDR framework requires funds to disclose how they pursue impact targets through investments, leading to institutional investors setting goals for how much of their portfolios should be allocated to these funds.
- Despite higher costs and resource consumption required for Article 9 funds, investors are increasingly investing in companies that offer true solutions to sustainability challenges, expecting those companies to outperform in the long run.
- Founders of climate tech companies that meet Article 9 criteria have access to non-dilutive funding, as well as the potential for corporate acquirers and investors to offer a premium for validated sustainability efforts.
- The SFDR is a key pillar supporting the successful implementation of the European Green Deal, aimed at reducing net greenhouse gas emissions by at least 55% by 2030 and transforming the EU into a modern, resource-efficient and competitive economy.
- The SFDR is a powerful tool against greenwashing in the EU, and is expected to have a lasting influence on investors, companies and society as a whole, driving a financial shift towards truly impactful investments.
- As transparency improves and impact becomes a priority, Article 9 funds are set to play an increasingly pivotal role in the EU's efforts to create a sustainable, climate-neutral economy, benefiting investors, companies and society in the long term.
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VIE Stories
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272
Image Credit: VIE Stories
YouTube Launches Shopping Affiliate program with Flipkart, Myntra
- YouTube has announced the launch of its shopping feature in India.
- The YouTube Shopping affiliate program will partner with Flipkart and Myntra.
- Qualifying creators can tag products in their videos and earn revenue.
- The program provides creators with additional ways to generate income.
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SiliconCanals
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MobilityPlus secures €40M to expand its EV charging solutions in Belgium and France
- Belgian company MobilityPlus has raised €40M in funding to expand its EV charging solutions in Belgium and France.
- The investment, led by Suma Capital's Climate Impact Fund III, aims to support MobilityPlus in providing complete charging solutions for businesses and real estate clients.
- MobilityPlus offers a range of services, including an all-in-one app for EV drivers, a platform for businesses to track charging data, and access to over 15,000 charging points in Belgium and France.
- The funding will also help MobilityPlus develop its Charging-as-a-Service model, allowing businesses to install charging infrastructure without upfront costs.
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Medium
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The dawn of the AI-native Founder
- Technological progress is accelerating, with AI tools and automation reshaping the business world.
- AI-native founders are leveraging AI internally to build their companies, democratizing entrepreneurship.
- Being an AI-native founder means having a strategic mindset and utilizing AI capabilities for leaner and faster organization building.
- This trend presents exceptional opportunities for founders and investors in the next decade.
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Inc42
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Image Credit: Inc42
Foxconn To Manufacture iPhone 16 Pro In India
- Apple supplier Foxconn is set to manufacture the iPhone 16 Pro Series in India.
- Foxconn's Indian unit has procured equipment worth $31 Mn for its Tamil Nadu plant.
- Apple announced earlier this month that it will roll out its first 'made in India' iPhone models.
- Foxconn has already invested $10 Bn capital in India and has faced scrutiny over discriminatory hiring practices.
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