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StartupDaily

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How to manage a boss who always disagrees with you

  • Getting buy-in for your ideas in an organization is one of the hardest things to do. Clear communication can solve the lack of trust and understanding.
  • Present your boss or team lead with different options instead of evaluating them with your experience guiding the way.
  • Mistakes can be managed through acknowledging friction, building trust over time and formalizing buy-in with an explicit acknowledgement.
  • Sometimes office politics can be dirty and require finding methods to change reporting lines, finding a sponsor to go in bat for you or evaluating if staying in your job is worth the trade.
  • Secret squirrels can work, but watch out for your company culture and whether leadership is likely to admit they were wrong.
  • The Mehdeeka Method is available via the Medeekah website, Kindle, and Kobo Stores.

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VIE Stories

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General Catalyst Secures $8 Bn To Back Global Startups

  • General Catalyst has raised approximately $8 billion in new capital.
  • $4.5 billion will be allocated to its core venture capital funds focused on seed and growth equity.
  • The firm aims to partner with ambitious entrepreneurs to drive advancements in applied AI.
  • The funding will enhance investment initiatives across sectors like AI, Defense & Intelligence, Climate & Energy, and more.

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VIE Stories

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Infosys Collaborates with NVIDIA to Launch Small Language Models

  • Infosys has collaborated with NVIDIA to launch small language models (SLMs) developed using the NVIDIA AI Stack.
  • The two models introduced are Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM.
  • The collaboration utilizes NVIDIA AI and Infosys Topaz offerings to establish a strong foundation for implementing and scaling enterprise AI.
  • Infosys has also enhanced its partnership with Meta to advance generative AI innovation through open-source projects.

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StartupDaily

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The Remarkable Demo Day Asks: Here’s what 5 startup founders need next

  • Remarkable Accelerator Global Cohort showcased five startups focusing on empowering people with disability through technology.
  • CareWindow, aims to remove technology exclusion for individuals with cognitive or dexterity impairments through their video phone product.
  • Peak Medical offers personalised care for patients from pre-operative to post-operative stages and offers insights to hospitals and health insurers.
  • SpendAble offers a secure payment system and debit card to empower individuals with disabilities and make money accessible to them 24/7.
  • Capella Design reimagines assistive home products to be beautiful, functional furniture and accessories.
  • Clu has created a talent GPS to address the global skills crisis by improving the accuracy, inclusion, and ROI of any HR process or product.
  • CareWindow is looking for introductions to Nurses or Occupational Therapists and strategic investors.
  • Peak Medical is seeking health funding partners to reduce inpatient costs and improve patient outcomes.
  • SpendAble is raising investment to reach 2 million users quickly for marketing, sales, and product-led growth.
  • Capella Design is looking for commercial partners in retirement communities and hospitality brands.

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Inc42

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Captain Fresh Picks Axis Capital, BofA As Bankers For IPO

  • Seafood chain Captain Fresh has chosen Axis Capital and Bank of America (BofA) as bankers for its upcoming IPO.
  • The company aims to raise $350-400 million in the IPO, with 50% of the funds coming from fresh issue of shares.
  • Captain Fresh is targeting a valuation of $1.3-1.5 billion for its public listing.
  • The company plans to finalize the IPO syndicate and start the formal work soon, with the filing expected in the first half of 2025.

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Inc42

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Infosys Partners NVIDIA To Roll Out Small Language Models

  • Infosys has partnered with NVIDIA to roll out two small language models (SLMs) built on the NVIDIA AI stack.
  • The models, Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM, will allow clients to build their own custom AI models securely.
  • The collaboration leverages NVIDIA AI and Infosys Topaz offerings to implement and scale enterprise AI.
  • Infosys also recently unveiled Living Labs and partnered with University of Cambridge to establish a new AI Lab.

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StartupDaily

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Does tracking employees make them more productive? It depends on their motivations

  • New technology has brought increased surveillance and monitoring of employees in the workplace raising concerns over worker performance and feelings of being treated like cogs in a machine. Employers should weigh up the pros and cons of employee monitoring systems. While such measures can reduce the amount of non-work activity in which employees engage, excessive scrutiny can impact creativity, risk-taking and experimentation, according to workplace experts from RMIT University.
  • Woolworths has come under fire for having unrealistic expectations of worker productivity, requiring pickers to reach 100% efficiency via a coaching programme if they fall short. University of Turin's Elisa Giacosa compiled a systematic literature review of the impact of digital surveillance on employees, finding that while the evidence is mixed, some workers responded positively. Employers must therefore consider ways to create more psychologically safe workplaces, build employees' sense of autonomy and motivation, and think creatively about ways to innovate.
  • A Slack survey of desk workers found that more than 25% report feeling that they are not trusted by their employers, with such employees twice as likely to look for work elsewhere as those who feel that they are trusted.
  • Psychological discomfort and a feeling of being constantly under scrutiny can lead to poor employee experience.
  • Despite the lack of any reliable evidence, companies continue to apply digital surveillance techniques that can ultimately damage worker performance. By increasing involvement in work activities, monitoring tools could bring a risk of stifled creativity and employee burnout.
  • Fear and dissatisfaction stemming from too much scrutiny can lead to a workforce that is disgruntled, under-performing, and less productive. It is crucial that employers recognise their employee needs as individuals if they want to motivate them to perform to their highest ability.
  • Companies need to tread carefully when deploying surveillance technologies that attempt to maximise output at the expense of employees' autonomy and creativity. To maximise the motivation of employees, they need to foster trust and safety within their workforces.
  • The use of technological solutions, while often exacerbating a feeling of being monitored, must be part of a larger effort to create a workplace culture that is more supportive of employees' needs.
  • Creating a psychologically safe environment in the workplace creates a sense of belonging which is integral to employee engagement. Such an environment motivates employees to invest in the company culture and become more productive due to the fulfillment they receive from the company culture and its values.
  • Companies need to consider and implement alternative and balanced ways of managing the engagement of their employees by fostering a conducive environment that is responsive to the needs of its workers without introducing techniques that leads to over-monitoring and micromanagement.
  • To improve employee performance and wellbeing, companies need to foster creativity and innovation by creating an environment that is conducive to experimentation without fear of negative consequences.

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Yourstory

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NVIDIA's India connection: CEO Jensen Huang loves eating this desi food

  • NVIDIA's CEO Jensen Huang revealed that his favorite Indian dish is chicken biryani.
  • India has played a notable role in NVIDIA's genesis, and the company's name was inspired by 'India.'
  • NVIDIA is strengthening its presence in India by partnering with Reliance Industries and launching an AI model for Hindi language.
  • Chicken biryani was the most ordered dish on Zomato and Swiggy in 2023, with millions of orders placed.

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VIE Stories

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[Funding News] Healthify Secures $20 Mn Funding led by Khosla Ventures, LeapFrog Investments

  • Healthify, the health tech startup, has secured $20 million funding led by Khosla Ventures and LeapFrog Investments.
  • The funds will be used for international growth, particularly in the US, and to enhance its artificial intelligence capabilities.
  • Healthify is the world's largest AI-powered health and fitness app, aiming to improve the lives of one billion people.
  • The focus will be on building a strong team in the US and expanding the development center in Bangalore for the US market.

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AllTopStartups

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Why Therapy for Startup Founders is the Key to Their Success

  • Startup founders face immense pressure and stress, making therapy essential for their success.
  • Therapy helps manage stress, anxiety, and improves mental health for founders.
  • It also boosts decision-making skills and strengthens relationships.
  • Therapy improves confidence, motivation, and helps founders overcome setbacks.

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ISN

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Zomato-owned Blinkit launches EMI payment option for orders above Rs 2,999

  • Blinkit, owned by Zomato, has launched an Equated Monthly Installment (EMI) payment option for orders above Rs 2,999.
  • The EMI option aims to improve affordability and enable better financial planning for customers.
  • Blinkit has partnered with major banks to offer the EMI facility through credit cards.
  • The addition of the EMI feature is expected to drive larger orders and improve the platform's average order value.

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Blackenterprise

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26-Year-Old Procured $150K In Start-Up Funds By Emailing Investor

  • Destin Bell, the founder of fitness app Card.io, secured $150,000 in start-up funds after persistently emailing the CEO of Niantic.
  • Niantic initially rejected Bell's pitch, but he emailed the CEO weekly for three months until they agreed to invest.
  • Bell appeared on Shark Tank to seek additional funds and received an offer of $150,000 for a 15% equity stake in his company.
  • With the encouragement of his mother, Bell accepted the deal and continues to grow the Card.io app.

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Siliconangle

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Bluesky raises $15M to expand decentralized social network and developer ecosystem

  • Bluesky, the decentralized social network, has raised $15 million in funding.
  • The funding will be used to expand the user base, enhance the developer ecosystem, and build new features prioritizing user empowerment and safety.
  • Bluesky offers a decentralized social network that allows users to choose their own algorithms and moderation systems.
  • The funding round was led by Blockchain Capital, with participation from other investors. Bluesky plans to develop a subscription model for additional features.

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Inc42

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Healthify Raises $20 Mn For US Expansion

  • Bengaluru-based healthtech startup Healthify has raised an additional $20 Mn for its Pre-Series D round.
  • The round was led by existing investors Khosla Ventures and LeapFrog Investments, and saw participation from new investor Claypond Capital.
  • Healthify will use the funds for global expansion, focusing on entering the US market and advancing its AI capabilities.
  • The startup aims to become EBITDA-positive by the end of FY25 and has achieved operational profitability in India.

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ISN

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Fintech major Paytm appoints Sidharth Shakdher as its business head: Report

  • Paytm has appointed Sidharth Shakdher as its Business Head.
  • Shakdher will work closely with founder and CEO Vijay Shekhar Sharma.
  • His focus will be on driving growth and profitability for the company.
  • Previously, Shakdher served as Chief Business Officer at Ola Mobility.

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