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SiliconCanals
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Italian startup Cyber Guru bags €23M to advance its cybersecurity awareness programme: Know more
- Italian cybersecurity awareness training platform Cyber Guru has raised €23M in a Series B funding round.
- The funding round was led by Riverside Acceleration Capital, with participation from Educapital, Adara Ventures, and P101 Ventures.
- The investment will be used to enhance the company's AI-driven contextual training strategy, expand its Go-To-Market operations in Europe, and support customer growth.
- Cyber Guru's platform focuses on transforming employee behavior to increase resistance against cyberattacks, with over 700 customers and 1 million active users in 90 countries.
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Eu-Startups
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Taking the Next Bite into the future: EIT Food announces new innovation opportunities (Sponsored)
- EIT Food hosted its flagship event, Next Bite, to foster collaboration and accelerate progress in European food systems.
- The event focused on promoting healthier lives, achieving a net-zero food system, and reducing risks for a fair and resilient food system.
- Südzucker Group, the world's largest sugar producer, won the Corporate Startup Collaboration Award for its impactful partnerships with startups.
- EIT Food launched the International Alliance for Impact Data to create standardized eco-labelling across global food systems.
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Inc42
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Hindi Is The Hardest Language Model To Be Developed Across World: NVIDIA CEO
- Hindi is the hardest language model to be developed across the world, according to NVIDIA CEO Jensen Huang.
- Huang praised India's effort and achievements in developing the Hindi language model (LLMs) at the NVIDIA AI Summit 2024 in Mumbai.
- NVIDIA has partnered with Krutrim AI and Gnani among others to develop Hindi LLMs, which use machine learning for natural language processing tasks.
- Huang highlighted the challenges in developing the Hindi language model, stating that Hindi dialects change every 50 kilometers.
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Yourstory
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Image Credit: Yourstory
Maldives Welcomes UPI: A New Era of Digital Payments Begins
- The Maldives has embraced India's Unified Payments Interface (UPI) to digitize its economy
- The move aims to boost financial inclusion and streamline payment processes in the country
- The integration of UPI is expected to benefit tourism by providing convenient payment options for Indian tourists
- It also promotes cross-border transactions and financial inclusion among Maldivian residents
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Yourstory
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Activa’s Journey: How It Became India’s Best-Selling Scooter
- Honda Activa, India’s most beloved scooter, has sold over 3 crore units and has a market presence for over two decades.
- Activa launched in 2001 when Honda noticed that a vast group of potential customers—middle-aged individuals and women—sought easier, gearless alternatives.
- Activa went on to become the scooter of choice for Indian families—a role earlier held by the iconic Bajaj Chetak.
- Honda designed Activa to meet the core needs of the Indian consumer—fuel efficiency, durability and engine power and storage and practicality.
- Honda broke the stereotype with Activa, crafting ads that depicted men and families alike riding the scooter.
- Early success of Activa was partially due to Honda’s partnership with Hero under the brand Hero Honda. By 2010, when the two brands had split, Honda had gone all-in.
- Honda ensured that Activa remained a scooter that met evolving demands without compromising its core values of reliability, ease of use, and family-friendliness.
- By 2024, Activa is expected to cross annual sales of 22.5 lakh units and continue to dominate the scooter market.
- Honda Activa’s story is one of smart insights, precise timing, and relentless innovation.
- Add in Honda’s aggressive scaling strategy, quality engineering, and continued innovation, and you’ve got yourself a winning recipe.
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SiliconCanals
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After raising €27.8M, UK’s Fresha invests in London-based Yuv to enhance AI-powered hair colour tech
- Fresha, a marketplace for beauty, wellness, and self-care services, has made a strategic investment in Yuv, a company specializing in AI-powered hair colour technology.
- Fresha recently raised €27.8M in venture debt facility to expand into new markets and drive growth.
- The collaboration aims to enhance Fresha's platform offerings by integrating Yuv's advanced technology for salons and beauty professionals.
- Yuv's main product, the yuv Lab, is a smart device that creates custom hair colour, promoting sustainability and efficiency in the hair industry.
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VIE Stories
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Best HR Tech Startups in India in 2024
- HR Tech Startups in India are transforming human resources with cutting-edge technology, streamlining recruitment, onboarding, performance management, and employee engagement.
- Startups like InCruiter, Keka, and Darwinbox are leveraging AI and automation to simplify HR processes, boost efficiency, and enhance the employee experience. These platforms offer personalized solutions, real-time feedback, and virtual tools like gamification to improve training and engagement.
- With features such as remote interviewing, payroll automation, and AI-driven assessments, India's HR tech ecosystem is helping companies attract, manage, and retain talent more effectively in 2024.
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Entrepreneurshiplife
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Scaling Your Startup with User-Generated Content
- User-generated content (UGC) has become a valuable tool for digital marketing.
- UGC significantly influences consumer behavior and purchasing decisions.
- Startups can leverage UGC to create brand awareness, collect feedback, advertise promotions, and launch new products.
- Social media platforms like TikTok, Instagram, Facebook, and LinkedIn provide opportunities for UGC campaigns.
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StartupDaily
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Construction tech startup BuildPass erects $7.5 million Seed round
- Construction tech startup BuildPass has raised $7.5 million in a Seed round to expand in the US market.
- The round was led by Carthona Capital and supported by Saniel Ventures, Tom Preston-Werner's fund, Recursive Ventures, Horizon VC, and Massive Tech Ventures.
- The funds will be used for AI product development to enhance productivity in construction site operations.
- BuildPass plans to focus on Australia's small- to medium-sized construction businesses and aims to establish itself as a leader in AI-native construction technology.
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VIE Stories
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Image Credit: VIE Stories
NG Earsafe Raises INR 1.06 Cr Seed Round led by Inflection Point Ventures
- Premium open-ear headphone brand, NG Earsafe, has raised INR 1.06 Crore in a Seed Round led by Inflection Point Ventures.
- The funding will be used to enhance brand and category awareness, expand the brand's reach, and drive new product development.
- NG Earsafe offers ENT-certified open-ear headphones that prioritize ear health, providing premium audio quality at a fair market price.
- With over 43,000 headphones sold and a strong presence in leading marketplaces, NG Earsafe aims to encourage safe forms of listening.
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StartupDaily
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Climate Salad’s Mick Liubinskas on pivoting for the next phase of climate tech’s success
- Climate Salad, a climate tech community, is transitioning to a more streamlined model.
- Starting in 2025, it will focus on an online community, newsletters, and webinars.
- The decision is driven by the evolving needs of the Australian climate tech community and a strategic choice for long-term impact.
- Climate Salad aims to foster connections, support startups, and champion climate tech innovation.
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StartupDaily
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Additive manufacturing startup raises $11 million Series B
- Conflux Technology, an additive manufacturing startup, has raised $11 million in a Series B funding round.
- The funding was led by Breakthrough Victoria, with participation from AM Ventures and Acorn Capital.
- Conflux Technology develops advanced heat exchangers using additive manufacturing.
- The funding will be used to accelerate manufacturing solutions, expand global presence, and support customer demand.
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Yourstory
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GenWise’s online club is helping elders escape loneliness
- GenWise, an online club for Indian elders aged 50-70, is helping seniors escape loneliness and interact with technology.
- With 1.6 million users in less than 18 months, GenWise is proving that age is just a number in the digital world.
- The app offers one-on-one companionship, platform to make new friends, and group activities designed to create lasting value and meaningful connections.
- GenWise successfully monetizes its services through a micro-transaction model, ensuring sustainable growth and user engagement.
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TechCrunch
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Cash collection startup Upflow also wants to handle B2B payments
- French startup Upflow, known for managing outstanding invoices, is shifting its strategy to become a B2B payment platform.
- Upflow aims to address the outdated payment methods in B2B transactions, with 90% of B2B payments happening offline in the US.
- The company offers accounts receivable automation software to midsized companies and is now expanding into the financial relationship management (FRM) space.
- Upflow plans to introduce its own payment gateway, integrate financing options, and provide useful data for credit scoring to its users.
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Startup Pedia
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JioHotstar Domain Bought by Developer, Wants Reliance to Fund Studies
- An app developer purchased the domain name 'JioHotstar' before the official announcement of the merger between Reliance JioCinema and Disney HotStar.
- The developer sent a letter to Reliance Industries proposing to relinquish the domain in exchange for funding his higher studies.
- The authenticity of the URL was validated by Times of India Tech, confirming the developer's heartfelt request.
- The merger between Reliance Industries Limited's Viacom18 and Walt Disney's Star India is set to create India's most influential media conglomerate.
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