A naukri.com initiative
Startup News
TechCrunch
1M
0
Image Credit: TechCrunch
5 days left to claim your exhibitor table for TechCrunch All Stage
- Time is running out to claim your exhibitor table for TechCrunch All Stage event happening on July 15 in Boston.
- Exhibiting at TC All Stage provides startups with a unique opportunity to connect with investors, decision-makers, and amplify their brand within the startup ecosystem.
- Benefits of exhibiting include a full-day exhibit table in a high-traffic area, premium brand placement, event passes, access to investors and media, exposure through TechCrunch's platform, and opportunities to generate leads and demo live.
- Act fast to secure your spot before the June 6 deadline to ensure your startup is visible to potential partners, investors, and clients at TechCrunch All Stage.
Read Full Article
Like
ISN
1M
365
Image Credit: ISN
Zerodha's lending arm Zerodha Capital reports 78% rise in net profit to Rs 12.5 crore in FY25
- Zerodha Capital, the lending arm of Zerodha, reported a 78% rise in net profit to Rs 12.5 crore in FY25.
- The company more than doubled its income and grew its loan book threefold, recording a total revenue of Rs 36 crore.
- Zerodha Capital offers loans against securities like stocks and mutual funds, with a loan-to-value ratio of 45% and a loan range of Rs 25,000 to Rs 10 crore.
- The company remains focused on secured lending, with zero non-performing assets and plans for conservative growth, unlike competitors offering unsecured loans.
Read Full Article
21 Likes
TechCrunch
1M
328
Image Credit: TechCrunch
Day 5 of TechCrunch Sessions: AI Trivia Countdown — Test your knowledge, win big tickets
- TechCrunch Sessions: AI is hosting an AI Trivia Countdown where participants can test their knowledge and win two tickets for the price of one.
- Participants can answer AI-related questions for a chance to attend the event on June 5 at UC Berkeley’s Zellerbach Hall.
- The AI Trivia Countdown ends on June 4, and winners will receive a special promo code for 2-for-1 passes.
- The event offers opportunities to save on tickets and exhibit at TechCrunch Sessions: AI, featuring insights from leaders in the field.
Read Full Article
19 Likes
TechCrunch
1M
50
Image Credit: TechCrunch
3 days until the doors open at TechCrunch Sessions: AI at UC Berkeley
- TechCrunch Sessions: AI at UC Berkeley's Zellerbach Hall is just 3 days away.
- The event will bring together leading minds in AI to discuss the future of the technology.
- Attendees can expect insights from industry experts, discussions on AI investments, tactical sessions, and networking opportunities.
- Discounts are available for tickets, including a 2-for-1 deal and a chance to win a $200 ticket through the AI Trivia Countdown.
Read Full Article
3 Likes
Eu-Startups
1M
324
British AI startup Literal Labs secures €5.4 million to generate custom AI models
- British AI startup Literal Labs secures €5.4 million in pre-Seed funding round to grow its engineering team and bring its first commercial product to market later in 2025.
- Funding round led by Northern Gritstone and co-led by Mercuri, with participation from Sure Valley Ventures, Cambridge Future Tech SPV, and angel investors.
- Literal Labs' logic-based AI models are faster, more energy-efficient, and explainable than neural networks, catering to companies with specific AI needs.
- Founded in 2023, Literal Labs is inspired by Mikhail Tsetlin's work, achieving faster inferencing and lower energy consumption compared to traditional machine learning techniques.
Read Full Article
19 Likes
ISN
1M
433
Image Credit: ISN
Furniture marketplace Pepperfry raises Rs 43.3 crore in funding: Report
- Pepperfry, the omnichannel furniture marketplace, raised Rs 43.3 crore in fresh funding from existing investors like General Electric Pension Trust and Norwest Venture Partners.
- The funding round included contributions from various shareholders, with General Electric Pension Trust leading with Rs 21.5 crore, followed by Norwest and Panthera.
- Approximately 5.6 lakh compulsorily convertible preference shares were issued at Rs 775 each to raise the funds, as per regulatory filings.
- The funds are expected to be utilized for growth initiatives, geographic expansion, and general corporate purposes as Pepperfry continues its marketplace operations and explores new revenue streams.
Read Full Article
26 Likes
Startup Pedia
1M
376
Image Credit: Startup Pedia
India finalises new EV scheme, offers import tax cuts for local production
- India finalizes a new EV scheme offering import tax cuts for foreign automakers investing in local electric car production.
- Companies can import up to 8,000 electric four-wheeler units annually at a lower duty of 15% by investing Rs 4,150 crore to produce EVs in India.
- The application window for the scheme will open in a couple of weeks for a minimum of 120 days.
- Automobile manufacturers like Mercedes-Benz, Volkswagen, Skoda, Hyundai, and Kia have shown interest in the new policy to boost electric mobility.
Read Full Article
22 Likes
Inc42
1M
2
Image Credit: Inc42
Meesho To Issue 411 Cr Bonus Shares Ahead of IPO
- Meesho's shareholders approve the issuance of 411.4 Cr bonus shares before filing its IPO draft red herring prospectus (DRHP) with SEBI.
- The company to issue bonus shares of INR 1 each in the ratio of 47:1 to existing equity shareholders, increasing paid-up capital to INR 420.1 Cr.
- Meesho plans to raise around $1 Bn through its IPO by end of 2025 and has appointed Morgan Stanley, Kotak Mahindra, and Citi as bankers for the offering.
- Founded in 2015, Meesho has transitioned from social commerce to a marketplace model, focusing on tier II, III cities, and beyond, and has raised over $1.6 Bn in funding to date.
Read Full Article
Like
Hitconsultant
1M
388
Image Credit: Hitconsultant
Swedish Femtech Venture Studio Daya Ventures Raises Capital for Global Expansion
- Swedish femtech venture studio, Daya Ventures, has announced the first close of its funding round, securing SEK 2 million out of the targeted SEK 8 million.
- The funding includes investments from notable backers from Wall Street and Europe, aimed at scaling Daya's 'Ecosystem for Women's Health' model and supporting global expansion.
- In just two years, Daya Ventures has founded ten femtech companies, built a portfolio with majority female ownership, and launched an innovation hub in East Africa.
- Daya Ventures focuses on addressing overlooked needs in women's health by creating startups majority-owned by women, with the company retaining a stake in each for reinvestment in future innovation.
Read Full Article
23 Likes
Medium
1M
351
Image Credit: Medium
The Silent Cost of Misaligned Teams in High-Growth Companies
- Misalignment within high-growth companies can lead to slower launches, higher turnover, burned capital, and inefficiencies in decision-making and execution.
- Simply relying on numerous communication and project management platforms does not ensure alignment; true alignment comes from visibility into how work flows across the company.
- To address misalignment effectively, companies need contextual insight that connects people, processes, and products in one operational system, like AAK TeleScience.
- AAK TeleScience offers live data integration across various operational aspects of the company, enabling tracking, scoring, and alignment of team performance with strategic outcomes, ultimately transforming organizations from reactive to predictive and from scattered to strategic.
Read Full Article
21 Likes
Economic Times
1M
4
Image Credit: Economic Times
Sports tech startup KhiladiPro raises $1 million in round led by Shastra VC, MGA Ventures
- Sports tech startup KhiladiPro raised $1 million in a funding round led by Shastra VC and MGA Ventures.
- Funds will be used for developing proprietary AI models, expanding reach in domestic markets, and enhancing support systems for athletes.
- KhiladiPro offers standardized athletic assessments for children with over 60 AI models for various sports.
- The company plans to conduct 200,000 assessments by the end of the year, expand to international markets, and has achieved high accuracy using mobile devices and visual AI.
Read Full Article
Like
ISN
1M
264
Image Credit: ISN
Bengaluru-based fintech startup Spense raises $1.85 million
- Bengaluru-based fintech startup Spense has raised $1.85 million in a pre-seed funding round led by GrowthCap Ventures.
- The funding will help Spense scale its programmable banking infrastructure and expand into new fintech partnerships beyond secured credit cards.
- Founded in 2023 by Pawan Kumar and Srinivas Krishnamurthy, Spense offers infrastructure for banks and fintechs to issue credit cards, prepaid instruments, and forex products while ensuring regulatory compliance.
- Spense's mission is to provide credit access to Indian consumers with fixed deposits by offering APIs and developer tools for faster roll-out of credit products.
Read Full Article
15 Likes
AllTopStartups
1M
429
Image Credit: AllTopStartups
Why 94% of SMEs Are Missing Out on R&D Tax Relief (And How to Fix It)
- Only 6% of SMEs in the UK are claiming R&D tax relief despite being engaged in innovation and development work.
- The gap between innovation and claiming R&D relief is a significant issue that needs addressing structurally.
- Many SMEs overlook R&D tax relief due to misconceptions about eligibility and complex claims processes.
- Businesses often do not realize that activities like process improvement or problem-solving can qualify for R&D relief.
- The SME R&D tax scheme is designed for smaller companies and can benefit even those that are not yet profitable.
- R&D tax relief can provide significant financial benefits, offering lifelines for cash-flow and aiding long-term growth.
- Encouraging broader understanding of qualifying R&D projects and proactive conversations with advisors can help more SMEs claim relief.
- Working with R&D specialists can assist in identifying eligible spend and maximizing the value of relief for businesses.
- Closing the gap in claiming R&D tax relief can unlock vital resources for SMEs and drive innovation and development.
- Ryan Sian, Managing Director of RandD UK, emphasizes the importance of proactive steps to help SMEs access government incentives.
Read Full Article
25 Likes
SiliconCanals
1M
228
Image Credit: SiliconCanals
Denmark doubles down on digital sovereignty: Danish key public institutions adopt homegrown AI platform by 2021.AI
- The North Denmark Region has partnered with Danish AI platform GRACE from 2021.AI to enhance its use of artificial intelligence (AI) in healthcare and social services.
- The GRACE platform, developed in Denmark, will be hosted on the region's own IT infrastructure to maintain data control and ensure compliance with GDPR.
- Region Nordjylland plans to expand its AI portfolio with projects focused on healthcare, administrative efficiency, and citizen-facing services by 2025.
- Danish Agency for Climate Data is rolling out generative AI tools to all employees in collaboration with Statens IT and 2021.AI, maintaining strict data protection protocols.
Read Full Article
13 Likes
AllTopStartups
1M
254
Image Credit: AllTopStartups
Get a Lightning-Fast Cash Offer for Your Charlottesville Home
- Selling your Charlottesville home quickly? Skip the traditional process and get a fast cash offer in Charlottesville, VA today.
- Cash sales offer speed, bypassing lengthy approvals and financing issues, providing certainty of closing and speedy transactions.
- Fast cash offers provide quick financial relief, eliminate waiting for buyers, offer flexibility on timing, and reduce stress.
- Cash buyers accept properties as-is, regardless of condition, saving sellers from renovation costs and code violations.
- Cash sales allow sellers to skip cleaning, showings, and decluttering, focusing on moving and planning their next chapter.
- The three-step selling process for cash sales involves submitting property info, receiving a cash offer, and closing the deal quickly.
- Cash sales ensure speedy closings, eliminate financing delays, offer guaranteed transactions, and provide peace of mind.
- Selling for cash means zero fees/commissions, keeping more profit for the seller, including no realtor fees or closing costs.
- A cash offer in Charlottesville provides a stress-free home selling solution, shielding sellers from market uncertainty and offering emotional relief.
- Cash buyers offer personalized support, making the home selling process easy and tailored to individual needs.
Read Full Article
11 Likes
For uninterrupted reading, download the app