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Nonprofithub
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[PODCAST] Revolutionizing Nonprofit Fundraising: The AI Advantage and Ethical Considerations – Griff Bohm
- AI has the potential to revolutionize nonprofit fundraising.
- Griff Bohm, co-founder of Give Momentum, discusses the role of AI in nonprofit operations.
- AI can enhance strategies for major gifts and create effective donor engagement strategies.
- This podcast episode challenges misconceptions surrounding AI in fundraising.
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Medium
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How to Enjoy the ROI of Investing in Staff Training and Development programs!
- Investing in staff training and development programs can lead to long-term benefits and substantial rewards.
- Effective facilitation of training programs can help employees reduce errors, increase productivity, and improve organizational efficiency.
- Industry-specific training content can enhance innovative and creative abilities, customer satisfaction, sales processes, negotiation skills, and effective communication.
- Training programs are available for employees at all levels, from entry-level to senior executive positions.
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Eu-Startups
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Lithuanian unicorn Vinted raises €340 million, reaches €5 billion valuation
- Lithuanian second-hand marketplace Vinted raises €340 million in a financing round led by TPG, reaching a valuation of €5 billion.
- Major investors, including Hedosophia, Baillie Gifford, Invus Opportunities, FJ Labs, Manhattan Venture Partners, and Moore Strategic Ventures, participated in the round.
- Vinted plans to expand into new markets and diversify its offerings beyond fashion using the funds.
- The platform reported strong growth and profitability, with revenue of 596 million euros and its first annual profit of 18 million euros in 2021.
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Inc42
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How The Indus Valley Is Redefining Safe Cookware For Health-Conscious Consumers
- The Indus Valley, a brand that offers toxin-free cookware from nonreactive metals and alloys like iron, cast iron and stainless steel besides wood and clay, targets a 78% increase in revenue for the current financial year.
- About 60% of The Indus Valley products are sold via its D2C website, 38% through online marketplaces like Amazon and Flipkart and 2% via offline outlets in Chennai.
- The D2C brand wants to position itself as the leading alternative to chemical-coated cookware, boost its presence across online sales channels (Amazon, Flipkart and Tata CLiQ, among others) and onboard more customers through active engagement and feedback.
- The brand claims a customer retention rate exceeding 25%.
- The rising demand for cookware made from sustainable and eco-friendly materials like cast iron bodes well for the company.
- Indian consumers are keen to invest in high-quality cookware, and the domestic market is estimated to grow at more than 7% CAGR between 2023 and 2028.
- There can be strong competition from deep-pocketed kitchenware brands like Hawkins Cookware, TTK Prestige and Wonderchef, which are always looking to enter new sub-segments.
- The Indus Valley will require a better pricing strategy, more consumer acceptance, and constant innovation to make traditional materials cool again in a hot and happening market.
- Going forward, the brand plans to invest in targeted advertising and optimise return on ad spend (ROAS) to expand its business horizon.
- The complete absence of all chemical coatings in The Indus Valley's cookware range eliminates health risks involved with toxicity in cookware.
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Inc42
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MUFG Bank, Koch Group Seek CCI Approval For Stake In Shiprocket
- Japan-based MUFG Bank and US-based conglomerate Koch Group have sought approval from the Competition Commission of India (CCI) to acquire minority stakes in logistics unicorn Shiprocket.
- Shiprocket's operating revenue increased by 20.8% to INR 1,316 Cr in FY24, but its bottom line growth suffered a 74.4% slump due to one-time restructuring and integration-related accounting impact.
- Shiprocket, founded in 2017, is an aggregator of third-party logistics companies and operates with 17 courier partners. It recently piloted a D2C marketplace called Zop.
- MUFG Bank and Koch Group's stake acquisition in Shiprocket is subject to approval from the CCI.
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Startup Pedia
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13 YO Bangalore Student Is Building A Gaming App To Raise Road Safety Awareness Among Children
- Surya Uthkarsha, a 13-year-old from Bangalore, is creating 'Roadyz,' a mobile game aimed at educating children about road safety.
- Motivated by a near-accident in 2017, he seeks ₹10 lakh in funding for the app, which blends education with entertainment for kids aged 5-14. Surya's game simulates real-world traffic scenarios, rewarding players for safe behaviors.
- Despite facing skepticism due to his age, he is determined to make road safety engaging and accessible, aiming for a global reach by 2026. Surya also runs a dropshipping clothing line and a youth debating platform.
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Startupreporter
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Kataria Industries Limited acquired Wire Manufacturing Division of Ratlam Wires for Rs 30.6 cr
- Kataria Industries Limited acquires Wire Division of Ratlam Wires for Rs 30.6 crore on a slump sale, going concern basis
- The acquisition strengthens Kataria Industries' position in the steel wire sector
- The acquisition is expected to enhance turnover and margins for Kataria Industries through synergies
- The combined company will cater to a broader spectrum of industries, including Automobile and Railways
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Dev
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Where and How to Find a Technical Co-Founder in 2024
- A technical co-founder is essential for a technology-related startup that can assist in the creation, coding, sustaining and expanding of the startup.
- Finding the right partner for your startup can be a real game changer in introducing fresh ideas that may support the co-founders and work together to achieve the most effective outcomes and development.
- Networking is one of the common and popular ways to find a tech co-founder for your startup and attending startup and tech-related industry events can also help you meet many like-minded individuals and tech talent who share the same passion as you.
- Online platforms can prove helpful when looking for a technical co-founder who can join your venture with the relevant skills and knowledge. Some of the popular matchmaking platforms include Founders Nation, Co-founder Connect, and Founders Forum.
- When searching for potential candidates in the tech space with the relevant skills and expertise to become a co-founder, you must consider a few aspects to ensure they are the right choice.
- Technical skills and expertise of a potential technical co-founder are the main aspects to consider when determining if they are the right fit for your startup and its needs, goals, and vision.
- Communication has a major role in building and sustaining a partnership as co-founders and a good cultural fit is essential to ensure they align the vision and mission of the startup.
- A strategic approach can help in finding an ideal co-founder and transform your startup dream into a reality by leveraging their technical skills and expertise.
- The decision to find a co-founder for your startup can impact your startup and help navigate the ever-changing landscape of technology.
- A few strategies for where and how to look for an ideal co-founder can make the process easier and hassle-free.
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Yourstory
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YouTube expands Shopping programme to India to boost creator earnings
- YouTube has launched a Shopping affiliate programme in India to help creators earn revenue by tagging products in their videos.
- Eligible creators can feature products from Flipkart and Myntra in their content.
- When viewers click on tagged items and complete purchases, creators receive a commission.
- The programme is part of YouTube's broader push into e-commerce and aims to tap into India's growing digital shopping trends.
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Startup Pedia
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Reliance Threatens to Sue Techie for Demanding ₹1 Cr for 'JioHotstar’ Domain
- Reliance Industries rejected the demands of an app developer who claimed to have purchased the domain name Jiohotstar.com in 2023 and demanded ₹1 crore for it.
- The developer speculated on a potential merger between Disney+ Hotstar and an Indian competitor, prompting him to secure the domain name.
- The merger between Reliance's Viacom18 and Walt Disney's Star India, valued at $8.5 billion, is set to conclude in early November.
- The developer is seeking legal assistance amid concerns about potential legal action from Reliance Industries.
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Inc42
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India Will Have Nearly 20X More Computing Infra By Year End: NVIDIA CEO
- India will have nearly 20 times more computing infrastructure by the end of this year, according to NVIDIA's CEO Jensen Huang.
- The growth is a result of NVIDIA's partnership with Yoda, VTE, and Tonic Communication to build computing infrastructure in India.
- Huang emphasized the importance of AI infrastructure and the development of large language models for Indian languages.
- NVIDIA has collaborated with local partners to develop a Hindi large language model.
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Startupreporter
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Delhi’s Preetika Pahwa Crowned MissAseatic India 2024
- Preetika Pahwa from Delhi crowned MissAseatic India 2024; to represent India at prestigious Miss Global International beauty pageant
- Aishwarya Pandey from Mumbai named First Runner-Up and Radhika Singhal from Delhi was the Second Runner-Up
- The finale held at Tangerine Hall in Hotel Lemon Tree, Gurugram lasted for 6 hours with performances and runway presentations.
- The girls were groomed for six days and had won various sub-competitions. During the finale, the winners were announced
- The event was attended by top personalities like Yuri Suri, Ramola Bachchan, Rony Kaula, and Partha Mukherjee
- Preetika Pahwa from New Delhi is a model, actor, and creative director
- First Runner-Up Aishwarya Pandey is originally from Uttar Pradesh, now residing in Mumbai, is a model, actor, and choreographer
- Second Runner-Up Radhika Singhal, 23, is a national-level skater and shooter from Delhi
- MissAseatic India aims to empower women and transcend borders
- Event was sponsored by Ramola Bachchan, Nikhita Tandon, Grey Goose, and Tatha among others
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VIE Stories
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Image Credit: VIE Stories
Top Car Rental Startups in India
- Car rental startups are seeing immense growth in India as the country is known for its diverse geographic features that lend themselves perfectly to road trips.
- Car rental companies offer a wide range of services with the facility to rent a car with or without a driver.
- Users can rent cars for different durations such as hourly, daily, weekly, or monthly, depending on their requirements.
- Zoomcar is India's largest online self-driving car rental platform for over 50 cities and 25,000 cars, listed in India as well as five other countries.
- SpotRental is another popular platform that provides self-drive urban mobility and vehicle rental services, focusing mainly on Tier 2 and 3 cities in India.
- MyChoize, Revv, Voler Cars, Drivezy, Myles Cars, JustRide, CarClubIndia, and Savaari are other popular car rental startups operating in India.
- These car rental companies offer a wide range of cars, from vintage to luxury cars, at affordable prices.
- These startups have made road trips more comfortable, giving users the freedom to discover new places according to their choice.
- Car rental startups are highly dependent on technology, and most offer an online platform for bookings, which is becoming increasingly popular.
- The car rental market in India is growing, and these startups are disrupting the market with their excellent services and competitive prices.
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Yourstory
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Image Credit: Yourstory
ixigo acquires 51% stake in Zoop; enters train food delivery business
- Ixigo has acquired a 51% stake in Zoop, a train food delivery service.
- This acquisition allows ixigo to enter the train food delivery business.
- Zoop operates at 192 stations in India and has partnered with around 400 restaurants.
- Ixigo has launched a new 'Food on Train' feature, enabling pre-order of meals at 192 railway stations.
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Startup Pedia
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Image Credit: Startup Pedia
This Startup Aims To Be The LinkedIn For Artists - Got 7,000+ Sign-ups
- Tap Your Talents, an Indian startup, seeks to be LinkedIn for artists connecting arts organizations with artists seeking collaboration, jobs, and learning opportunities in an ecosystem to earn, learn, and sell
- Hema Kala, founder of Tap Your Talents, came up with inspiration after watching Aamir Khan movie 3 Idiots, which triggered her to make a platform helping artists to gain visibility.
- Hema and her husband set up the IT consultancy firm, H2K Solutions Limited, while the platform development took a backseat.
- Hema Kala officially launched the startup in India during 2021 with competitions as a key feature which got a positive response from the artists.
- Delving deep into market research, Hema identified some key gaps, including the need for artists to have a dedicated platform where they can find jobs and opportunities to learn in addition to showcasing their talents.
- Tap Your Talents now has seven talent groups, singing, dancing, acting, music, photography, painting, and creative writing.
- The Tap Your Talents platform aims to provide a unified platform where artists can learn from pros, find jobs, and set up their own online shops all in one place.
- The platform connects arts organizations with Indian artists for paid gigs and networking opportunities.
- As a welcome promotional offer, Tap Your Talents is onboarding the first 100 organizations for free to promote their businesses, hire artists, sell products and launch courses and collaborate without any charge.
- Hema Kala is looking to raise the seed round of funding for her startup and aims to onboard more organizations into the platform.
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