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ISN

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Arya.ag appoints Priyanka Seth Wadhera as its Group chief financial officer

  • Arya.ag appoints Priyanka Seth Wadhera as Group Chief Financial Officer, effective May 2025.
  • Priyanka brings over 23 years of financial leadership experience in fintech, NBFCs, and global banking institutions.
  • Her appointment comes as Arya.ag focuses on strengthening financial systems for growth, capital efficiency, and expanding into new regions.
  • Priyanka stated that Arya.ag's technology-driven solutions in agriculture present a meaningful opportunity, while Arya.ag reported a significant rise in profit for FY 2024-25.

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Startup Pedia

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Nvidia surpasses Microsoft to become world’s most valuable company

  • Nvidia has surpassed Microsoft to become the world's most valuable publicly traded company with a market valuation of $3.45 trillion.
  • The chipmaker's stock surged 24% in the past month, leading to a $1 trillion increase in market capitalization over the past two months.
  • Nvidia's rise is attributed to its GPU-based AI accelerators that are widely used in AI infrastructure by companies like Microsoft, Meta, Google, and Amazon.
  • Despite the significant increase in value, Nvidia is trading at about 29 times its projected earnings for the next year, below its 10-year average of 34 times.

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ISN

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Digital lending firm LoanTap raises Rs 74 crore to fuel its supply chain financing ambition

  • Digital lending firm LoanTap raises Rs 74 crore in a pre-Series C funding round, including Rs 54 crore in equity led by July Ventures.
  • Additional Rs 20 crore raised through venture debt to expand supply chain financing offerings for small retailers.
  • LoanTap's focus is on addressing the Rs 33.2 lakh crore MSME credit gap through their proprietary credit assessment engine, BICRI.
  • LoanTap has acquired over 50,000 retailers, financed 4.5 lakh invoices worth over Rs 1000 crore, and aims to reach 2 lakh retailers and fund a million invoices in the next 12 months.

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Gritdaily

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Turning Disaster Into Relief: The Purpose-Driven Growth of Insurance Claim HQ

  • Insurance Claim HQ, founded by Galen M. Hair in Metairie, Louisiana, serves as a bridge for individuals feeling abandoned after natural disasters.
  • The firm's reputation is built on tangible help in moments of crisis, blending legal expertise with compassion.
  • They specialize in turning denied claims into recoveries, helping clients navigate insurance complexities for rebuilding.
  • Prioritizing client care, Insurance Claim HQ has a dedicated team for communication and support throughout the claims process.
  • With over $1 billion recovered for 70,000+ clients, the firm's victories extend beyond monetary winnings to restoring dignity and hope.
  • The expansion of their services across multiple states maintains a focus on personalized care and quick responses to disaster areas.
  • Insurance Claim HQ's commitment to fairness has earned them an A+ rating and trust from industry professionals.
  • Their mission revolves around empowering clients, restoring voices, and providing both legal assistance and emotional support.
  • The firm's success lies in exceeding client expectations, championing values of integrity, compassion, and service.
  • Amid ongoing disasters in the U.S., Insurance Claim HQ continues to be a beacon of relief and guidance, resonating beyond legal victories.

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Profitable African fintech PalmPay is in talks to raise as much as $100M

  • African digital bank fintech, PalmPay, is in talks to raise between $50 million and $100 million in a Series B round for further expansion.
  • PalmPay, launched in 2019, is now profitable, with $140 million raised across seed and Series A rounds, aiming to deepen its footprint in Nigeria and introduce its offerings in new markets.
  • PalmPay has reported significant growth, hitting 15 million daily transactions with revenue surging to $64 million in 2023, more than doubling since then.
  • The company's partnership with Transsion, a leading phone maker in Africa, and investors like GIC and Mediatek, contribute to its widespread adoption and plans for international expansion.

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Inc42

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Singapore HC Rejects WazirX Restructuring Plan

  • Singapore High Court rejected WazirX's proposed restructuring plan submitted by its parent company Zettai Pte Ltd.
  • WazirX suffered a $235 million cyber theft in July, affecting nearly 4.4 million Indian users.
  • The rejection was prompted by WazirX's failure to disclose details about its Panama-based entity during the restructuring process.
  • The company plans to appeal the decision and remains focused on distributions, stating that NLPA assets are safe.

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Inc42

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LoanTap Bags INR 74 Cr To Bolster Supply Chain Financing

  • Pune-based fintech startup LoanTap raised INR 74 Cr in Pre-Series C funding through a mix of equity and debt infusion.
  • INR 54 Cr was raised in equity led by July Ventures, along with existing investors like 3one4 Capital, Avaana Capital, Kae Capital, and Swapurna Family Office.
  • An additional INR 20 Cr was received in venture debt to expand supply chain financing offerings for small retailers.
  • LoanTap was founded in 2016, offers various credit solutions, and aims to focus on invoice financing for MSME growth in India.

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Gritdaily

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The Hidden Health Hazards in Your Home, and the Easy Fix We Often Forget

  • Neglecting to replace air and water filters in your home can lead to serious health risks, including mold, bacteria, and allergens circulating unchecked, which can worsen asthma and respiratory conditions.
  • Poor indoor air quality can be two to five times more polluted than outdoor air, leading to respiratory infections and chronic conditions, especially for children, according to the EPA and the World Health Organization.
  • Dirty filters in air conditioning units, refrigerators, and water systems can recirculate irritants, contributing to allergies, asthma, and fatigue, particularly during peak allergy season in summer.
  • Regularly changing filters in appliances like air conditioners, refrigerators, and water systems is crucial to maintaining good indoor air quality and clean drinking water, ultimately protecting your family's health and comfort.

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Gritdaily

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The TikTok-Famous Home Upgrade You’ll Regret Not Getting

  • Permanent outdoor lighting synced to your phone is the ultimate party upgrade trending across the country.
  • Gemstone Lights offers app-powered systems for year-round customizable lighting to match any mood or occasion.
  • From sports team colors to seasonal themes, the lighting can be customized for various celebrations and moods.
  • With easy mobile control, schedules, and preset options, Gemstone Lights provide a hassle-free solution for expressive exterior lighting.

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Inc42

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Centre Eases SEZ Norms To Boost Chips, Electronics Manufacturing

  • The Indian government has amended the special economic zones (SEZ) rules to boost semiconductors and electronics manufacturing in the country.
  • The minimum land requirement for setting up SEZ units has been reduced from 50 hectares to 10 hectares.
  • The relaxations will apply to various electronics and semiconductor-related products such as smart watches, earbuds, display modules, batteries, and mobile hardware components.
  • SEZs are now allowed to be set up on land that may be mortgaged or leased to the government agencies, instead of needing to be completely free from legal disputes or debt.

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AllTopStartups

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HealthStubs Provides Salaries and Facility Reviews for Healthcare Workers

  • HealthStubs is an app providing real salaries and facility reviews for healthcare professionals.
  • It aims to help healthcare workers understand their market value, find top employers and facilities, and secure competitive offers.
  • The app offers comprehensive salary data, facility reviews, and rankings for various healthcare roles.
  • HealthStubs also provides details like hourly rates and other benefits, allowing users to make informed career decisions.

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Inc42

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Gaurav Munjal Likely To Hold Larger Stake In Airlearn Post Spin Off

  • Gaurav Munjal may hold a larger stake in Unacademy's Airlearn post spin-off.
  • Currently, Munjal holds 3.4% stake in Unacademy and is looking to increase his share in Airlearn.
  • Munjal is in discussions with investors for additional funding for the spin-off.
  • Unacademy's revenue primarily comes from offline business, but Munjal aims for a tech-led model with Airlearn.

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Eu-Startups

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Finnish Nordic Foodtech VC hits €40 million first close on €80 million fund to invest in tech for food and agriculture industries

  • Helsinki-based Nordic Foodtech VC has announced the first closing of its second fund at €40 million, with a final target size of €80 million.
  • The second fund is backed by institutional investors and food industry stakeholders, aiming to invest in tech for food and agriculture industries.
  • Nordic Foodtech VC is the first Nordic VC fund focused on tangible solutions for agriculture and the food industry.
  • Their investment strategy targets companies solving business-critical problems in the food system and aim for sustainable food production.

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Gritdaily

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Pieter Wybro Lauded for Excellence in Ocean Engineering and Support of Epilepsy Research

  • Pieter Wybro, a retired ocean engineer and oil and gas industry professional, has been recognized for his notable work in the field.
  • Throughout his career, he led major projects for companies like Getty Oil, Shell, and Conoco, focusing on advancements in offshore platform design and subsea well operations.
  • Dr. Wybro earned degrees in mechanical engineering and ocean engineering and actively supports the Epilepsy Foundation due to personal reasons.
  • Despite retirement, Dr. Wybro plans to continue contributing to the field through consulting and philanthropic efforts.

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Gritdaily

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From Compliance to Clarity: How One Framework Is Helping School Systems Lead Smarter

  • Parsec Education, a California-based edtech company, introduces the DRIVE framework designed to help school systems lead smarter by monitoring progress and implementing changes effectively.
  • The DRIVE Framework, consisting of Define, Rhythm, Invite, Validate, Execute, focuses on guiding educational leaders through the process of strategy implementation, monitoring fidelity, and adjusting in real time.
  • Parsec Clarity, the company's platform, operationalizes the DRIVE framework by assisting school leaders in defining high-impact actions, building fidelity rubrics, and integrating real-time feedback to facilitate continuous improvement.
  • The integration of Parsec Real, an AI-powered feedback tool, with Clarity enables qualitative insights from students, teachers, and leaders to be transformed into measurable data, promoting data-informed decision-making and accountability in school leadership.

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