A naukri.com initiative
Startup News
Inc42
4w
293
Image Credit: Inc42
Can LightFury Build India’s First PUBG-Scale AAA Game?
- India launched its first AAA game, Indus Battle Royale, in October 2024, but faced criticism for not meeting Western standards.
- Capital-intensive nature and lack of skilled talent hinder Indian game developers from global success.
- Karan Shroff's LightFury Games aims to develop AAA games representing India worldwide.
- Launching E-Cricket, a real-time multiplayer AAA game, is a bold step by LightFury Studios.
- Utilizing AI, LightFury aims to reduce production costs and streamline game development processes.
- E-Cricket plans to offer unpredictable outcomes, broadcast-style experience, and player progression.
- LightFury Studios focuses on longer player engagement and social elements inspired by games like PUBG.
- LightFury plans to monetize E-Cricket through cosmetic upgrades, live events, and fair system without pay-to-win mechanics.
- E-Cricket targets becoming a professional esports title with skill-based gameplay and competitive experience.
- Beyond E-Cricket, LightFury plans to develop more AAA titles and proprietary technology to establish a game tech company in India.
Read Full Article
17 Likes
Gritdaily
4w
177
Image Credit: Gritdaily
From Outsider to Industry Leader: Laura Elleby’s Journey in Real Estate
- Laura Elleby, co-founder of E+E Group of Compass, a luxury properties real estate agency, has set a goal to reach $150 million per year within the next two years.
- Elleby's journey in real estate began when she and her husband were dissatisfied with the service they received from their real estate agent while searching for a home to purchase in Blue Ridge, Georgia. This prompted her to obtain her real estate license.
- Despite facing challenges and doubts from others in the industry, Elleby established herself as a formidable real estate professional. Her breakthrough came when she facilitated the $2.3 million sale of a top builder's most expensive property.
- As Blue Ridge grows in popularity, Elleby plans for the future by becoming a broker and continues to inspire others with her message that anything is possible with faith, dreams, consistency, and perseverance.
Read Full Article
10 Likes
Yourstory
4w
124
Image Credit: Yourstory
The AI Dilemma: Balancing Innovation and Intellectual Property Rights
- Balancing innovation and intellectual property rights is a key dilemma in the field of artificial intelligence.
- AI advancements often involve utilizing copyrighted works without permission or compensation, leading to legal disputes.
- The doctrine of fair use, which permits limited use of copyrighted material, is being scrutinized in AI training practices.
- The movement toward licensing agreements is gaining momentum to ensure creators are compensated for the use of their work in AI training datasets.
Read Full Article
7 Likes
Gritdaily
4w
346
Image Credit: Gritdaily
Nicole Ungaro: Maintaining Client Integrity Through Ungaro Consulting
- Nicole Ungaro is the owner of Ungaro Consulting, an advisory practice focusing on compliance with the Sarbanes-Oxley Act.
- Ungaro has over 25 years of experience and extensive international audit expertise, working with multinational corporations in the Netherlands, China, and India.
- She is dedicated to maintaining high ethical standards and has received recognition for her excellence in consulting, including the Outstanding Executive Award.
- Inspired by her role as a trustee at Olive Crest, a child abuse prevention nonprofit, Ungaro plans to establish a new charitable foundation, Pop-pins, to assist children in need.
Read Full Article
20 Likes
Yourstory
4w
93
Image Credit: Yourstory
DevSparks back in Bengaluru: Ultimate playground for developers
- DevSparks 2025 is back in Bengaluru! On May 17, 2025, join us to supercharge India's innovation engine.
- With over 1,000 expert developers, 10+ thriving dev communities, 30+ legendary speakers, and 25+ hands-on sessions, the second edition of DevSparks Bengaluru is the place to be if you want to build the future with AI, data, and security.
- Master AI & GenAI, meet India's best dev communities, and explore deeptech innovations at the summit.
- DevSparks Bengaluru will focus on AI, data, and security, with themes including GenAI landscape, unlocking real-time insights, and securing the future with cybersecurity.
Read Full Article
5 Likes
Yourstory
4w
364
Image Credit: Yourstory
Ola Electric arm settles dues with Rosmerta Group
- Ola Electric Technologies, a subsidiary of Ola Electric Mobility, has settled all dues with former vehicle registration service provider Rosmerta Group.
- Rosmerta Group has withdrawn its petition for insolvency proceedings against Ola Electric Technologies from the National Company Law Tribunal (NCLT).
- There are no further claims or disputes pending between the two parties.
- Ola Electric continues to focus on maintaining strong business relationships and resolving commercial issues in a timely manner.
Read Full Article
21 Likes
Startup Pedia
4w
183
Image Credit: Startup Pedia
Meesho Picks Morgan Stanley, Kotak & Citi For $1 Billion IPO; Targets $10 Billion Valuation
- E-commerce major Meesho plans to launch a $1 billion IPO with Morgan Stanley, Kotak Mahindra Capital, and Citi as lead bankers.
- The company aims for a valuation of approximately $10 billion, a significant increase from last year's $3.9 billion.
- Meesho's move is aimed at positioning itself ahead of Flipkart, its main competitor, by facilitating direct sales between small businesses and consumers.
- Despite being a late entrant in the e-commerce space, Meesho has exhibited growth and profitability while competing against giants like Flipkart and Amazon.
Read Full Article
10 Likes
Yourstory
4w
97
Image Credit: Yourstory
Juspay looks beyond fintech tie-ups; Illustrating joy in the little things
- The Open Network for Digital Commerce (ONDC) has processed over 200 million transactions, with significant adoption in various sectors.
- Ant Group showcases a cost-efficient breakthrough in AI using Chinese-made semiconductors, potentially reducing costs by 20%.
- Advances in artificial intelligence are driving a funding frenzy for data centers in Asia.
- Firefly Aerospace and Honeybee Robotics team up to explore the Gruithuisen Domes on the lunar surface.
- Juspay Technologies open-sources its payment orchestrator, Hyperswitch, after partnership terminations by Razorpay, Cashfree, and PhonePe.
- Apna Mart secures Rs 214.5 Cr in funding, while DCDC Kidney Care raises Rs 150 Cr.
- Alicia Souza shares insights on finding inspiration in everyday moments and navigating the balance between creativity and business.
- Women leaders at SheSparks 2025 address systemic barriers in maternal care, fertility treatments, and reproductive health in India.
- South Korean conglomerate Hyundai to invest $20 billion in the US, including a $5 billion steel plant in Louisiana.
- BYD Co. surpasses $100 billion in sales, outperforming Tesla Inc. with revenue of $107 billion.
Read Full Article
5 Likes
SiliconCanals
4w
693
Image Credit: SiliconCanals
French fintech RockFi secures €18M from Partech and others, eyes €1B in assets by 2026
- Paris-based fintech RockFi has raised €18M in a Series A funding round led by Partech.
- The funding will be used to support RockFi's growth and aim to achieve €1B in assets under management by 2026.
- RockFi provides private wealth management services by combining technological platforms with human expertise.
- The company plans to expand its team, recruit private bankers, and open new offices across France.
Read Full Article
6 Likes
Yourstory
4w
822
Image Credit: Yourstory
Groyyo picks up 51% stake in US-based Oussum Inc
- B2B manufacturing and supply chain enablement start-up Groyyo has acquired a 51% stake in US-based Oussum Inc.
- Through the partnership, Groyyo will provide an end-to-end design-to-delivery service to retailers and brands in the US.
- Groyyo aims to scale the presence of Oussum's private labels across offline and online channels in the US.
- The combined US operations are projected to reach $100 million in revenue scale by FY28.
Read Full Article
10 Likes
Medium
4w
177
Image Credit: Medium
Ethical AI Committees and the Global Challenge of Balancing Progress with Societal Stability
- AI development poses challenges such as mass job displacements and social divides.
- Ethical AI Committees are being established to address these challenges and ensure AI aligns with societal values.
- Efforts at governmental, regulatory, and corporate levels are needed to mitigate harm caused by AI.
- The collaboration of stakeholders, including policymakers and industry leaders, is crucial in shaping an AI-driven future that serves the public good.
Read Full Article
10 Likes
Inc42
4w
2.1k
Image Credit: Inc42
Investment Tech Platform Fisdom’s FY24 Loss Declines 19% To INR 57 Cr
- Investment tech platform Fisdom saw its consolidated net loss decline by 19% to INR 57.4 Cr in FY24 from INR 70.5 Cr in the previous fiscal year.
- The startup's operating revenue surged 28% to INR 82.9 Cr in FY24 from INR 64.7 Cr in FY23.
- Total expenses rose only about 3% to INR 141.7 Cr in FY24 from INR 138 Cr in FY23.
- Fisdom, which is reportedly in talks for an acquisition by Groww, claims to have 1 Mn active customers but faces competition in expanding its customer base.
Read Full Article
23 Likes
Inc42
4w
2.7k
Image Credit: Inc42
This Startup Is Brewing Up A Storm In The Kids’ Fashion Market
- Nap Chief, an activewear brand for children under 14 years of age, is redefining kids' fashion by offering comfortable and stylish home and playwear.
- The brand offers licensed merchandise and matching outfits for parents and kids, along with 200 fresh designs and delivery across 1,600 cities in India.
- Nap Chief's net revenue for FY24 surged 117% to INR 12.8 Cr, with a customer base of over 1 Lakh and a social media following of 100K.
- The startup plans to expand into new categories, launch exclusive brand outlets, and achieve an annual recurring revenue of INR 100 Cr by 2026.
Read Full Article
10 Likes
Inc42
4w
236
Image Credit: Inc42
Inside The Indus Valley’s Mission To Transform 100 Mn Kitchens With Healthy Cookware
- The Indus Valley was founded in 2016 with a mission to provide toxin-free and sustainable cookware.
- It offers cookware made from natural materials such as cast iron, stainless steel, wood, clay, copper, brass, and bronze.
- In FY24, the startup generated revenue of INR 72 Cr, with plans to reach INR 120 Cr by FY25.
- The Indus Valley aims to transform 100 Mn kitchens in India by offering high-quality, toxin-free cookware.
Read Full Article
14 Likes
Inc42
4w
115
Image Credit: Inc42
Chipmaker Infineon Technologies To Set Up GCC In GIFT City
- German semiconductor manufacturer Infineon Technologies plans to set up a global capability centre (GCC) in GIFT City, Gujarat.
- The GCC will support research and development (R&D) for semiconductor chip design, product software information technology, and supply chain management.
- Infineon aims to achieve €1 billion in annual revenues in India by 2030.
- The GCC will employ 400 engineers and strengthen Infineon's global R&D and digitisation initiatives.
Read Full Article
6 Likes
For uninterrupted reading, download the app