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Startup Story

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Leading the Talent Intelligence Revolution: The HireSense.ai Vision

  • Raghav Poojary founded HireSense.ai as Co-founder & CEO to disrupt how companies make talent decisions, offering AI-enabled Talent Intelligence Platform for hiring and workforce planning.
  • HireSense.ai provides real-time insights on demand forecasting, supply availability, compensation benchmarking, and employer brand intelligence for data-led decision-making in talent acquisition.
  • The platform's core capabilities include Talent Market Intelligence, Demand & Supply Intelligence, Compensation & Benchmarking, and Employer Branding Intelligence to support strategic HR and talent acquisition teams.
  • Features like HirePulse for recruitment marketing and Talent CRM for candidate nurturing demonstrate HireSense.ai's commitment to helping companies transition from reactive hiring to predictive talent planning, harnessing data as a competitive advantage.

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Medium

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What Google I/O 2025 Really Means for AI Founders

  • Google's latest flagship AI model, Gemini 2.5 Pro, introduces Deep Think mode, enhancing reasoning capabilities for tackling complex problems.
  • This advancement enables founders to delegate more complex tasks to AI, boosting confidence in AI-driven product development.
  • Gemini Code Assist, graduating to General Availability, offers AI assistance for coding tasks, enhancing productivity and efficiency.
  • Code Assist's integration into the development workflow accelerates coding tasks, allowing for faster feature deployment.
  • Jules, an autonomous coding agent in beta, streamlines coding tasks by handling busywork asynchronously, increasing productivity.
  • Firebase Studio, a cloud-based AI development environment, automates app development processes, enabling rapid prototyping.
  • Firebase Studio integrates generative AI to scaffold backend components, expediting the MVP creation process for AI startups.
  • Project Mariner introduces infrastructure for building agentic AI agents, allowing AI to perform multi-step tasks autonomously.
  • Teachability and reliability are key focuses of Project Mariner, enabling AI to learn new skills and execute tasks effectively for users.
  • Overall, Google I/O 2025 signifies acceleration in AI development, automation of mundane tasks, and the emergence of action-oriented AI agents.
  • AI founders are encouraged to explore the evolving AI toolkit and leverage the new capabilities to drive innovation and solve real-world problems.

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Inc42

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Razorpay To Pay INR 1,245 Cr In Taxes For Domicile Shift To India

  • Razorpay is expected to pay around INR 1,245 Cr in taxes to the Indian government as part of its domicile shift to India.
  • The fintech startup is targeting an IPO in the next two years after completing its reverse flip.
  • The tax liability for the domicile shift is influenced by the company's valuation, which was $7.2 Bn during the last funding round in 2021.
  • Razorpay completed the reverse flip by merging its Delaware-registered parent entity with its Indian subsidiary and aims to reduce its overall tax outgo to $200 Mn.

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ISN

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Bootstrapped startup Spalba says it is aiming for Rs 100 crore revenue by FY26

  • Spalba, a bootstrapped SaaS-enabled B2B venue marketplace, targets Rs 100 crore revenue by FY26, following Rs 60 crore in FY25.
  • The five-year-old company saw a nearly 3000% year-on-year surge, operating at the intersection of digital hospitality infrastructure and event planning in India.
  • Expanding across Asian countries like Malaysia and Vietnam, Spalba plans to increase venues from 11,000 to 13,000 and property listings from 2,067 to 4,500 by FY26.
  • Utilizing a tech-first approach, including AR-powered virtual tours and AI-driven tools, Spalba aims to offer a digital-first experience for events and has gained traction with top properties like The Leela and The Oberoi.

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Hackernoon

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Building Toffee: How I’m Tackling the Messy Truth About Debt, One Line of Code at a Time

  • Toffee is a debt tracking and management app aimed at providing guidance and support to individuals seeking to pay off their debt.
  • Unlike other financial tools, Toffee focuses on emotional aspects of debt such as shame and overwhelm, in addition to numbers.
  • Key features of Toffee include the Snowball Tracker, Accountability Nudges, and Privacy-first Design.
  • The app is built using React Native - Expo powered by Supabase, Typescript, and RevenueCat, offering a lightweight yet powerful solution.
  • Toffee's technical implementations include a Debt Payoff Calculator Engine, Real-time Progress Tracking, Privacy-First Architecture, and Smart Debt Visualization.
  • The app also incorporates Adaptive Payment Strategies, a robust technical stack, and a user-centric approach to product development.
  • Lessons learned by the founder include prioritizing user experience over technical features and the significance of effective marketing in the startup journey.
  • Toffee's future plans involve community growth, platform expansion, partnerships with financial experts, and increased visibility on various platforms.
  • The ultimate goal for Toffee is to empower users to feel proud of their progress in paying off debt, fostering a positive mindset around financial freedom.
  • If interested in supporting Toffee or providing feedback, users can try the app and connect with the founder on Instagram @toffeefinance.

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Dev

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Fighting Focus

  • The author emphasizes the importance of creating his own career as non-negotiable, leading him to start multiple ventures in different fields.
  • Despite the challenges of finding balance between these projects, the author realizes the necessity of delegating tasks and outsourcing to bring his vision to life.
  • The author shifts his mindset from waiting to feel 'ready' to learning by building, acknowledging that the world rewards action and not just theoretical preparation.
  • He is focused on establishing a sustainable rhythm that includes various activities like shipping, writing, collaborating, and rest, in order to build not just products but a life he believes in.

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Medium

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How to test a product viability hypothesis in 7 Days

  • Rapid validation of product viability hypotheses can save time and resources while increasing chances of success.
  • A systematic approach called SPRINT involves five stages: Starting with a clear, measurable hypothesis is crucial.
  • Proper hypotheses address key questions and focus on specific target audiences and their willingness to pay.
  • Testing demand by attempting to sell non-existent products can provide valuable insights before development.
  • Engaging with real potential users through interviews often uncovers important feedback and adjustments to hypotheses.
  • It's essential to be open to pivoting early based on validation results and user feedback.
  • Tracking metrics like conversion rates and user engagement is vital to validate hypotheses effectively.
  • Utilizing a fixed, short validation period of around seven days can drive focus and timely decision-making.
  • Tools like landing page creators and interview platforms aid in quick validation but require proper methodology to be effective.
  • Accepting negative results from rapid validation is important, as it can save significant time, resources, and prevent potential product failures.

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Startup Pedia

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India to roll out its first indigenous 28-90 nanometer semiconductor chip in 2025: Ashwini Vaishnaw

  • India is set to introduce its first indigenous semiconductor chip of 28-90 nm in 2025.
  • The chip will target a segment with 60% market volume and is aimed at automotive, telecom, power, and railway applications.
  • IT Minister Ashwini Vaishnaw emphasized the importance of both manufacturing and services for growth, highlighting the impact of AI on society and industry.
  • India is developing 25 chipsets with indigenous IP to combat cyberattacks, with 13 projects led by the Centre for Development of Advanced Computing in progress.

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ISN

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Unicommerce adds Abhishek Mangaraj and Divya Sharma to leadership team

  • Unicommerce eSolutions Limited appoints Abhishek Mangaraj as Senior Director - Customer Success and Divya Sharma as Director - Marketing to strengthen operations and marketing capabilities.
  • Abhishek Mangaraj, with 15 years of experience in enterprise SaaS and digital transformation, will oversee customer success and key accounts management, bringing expertise in Conversational AI, CRM, retail analytics, and computer vision.
  • Divya Sharma, with over a decade of marketing leadership, will lead brand building, demand generation, and go-to-market initiatives across Unicommerce's full portfolio for domestic and global markets.
  • Their appointments reflect Unicommerce's focus on enhancing customer service, expanding market presence, and driving growth, as stated by Kapil Makhija, MD & CEO of Unicommerce eSolutions Limited.

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SiliconCanals

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In other news this week: MECH-I-TRONIC secures €105M, Solveo Energies raises €98M for renewable projects, EnduroSat bags €43M and more

  • MECH-I-TRONIC secures €105M investment from Three Hills, Azimut Libera Impresa, and HAT, aiming for significant revenue growth by 2028.
  • Solveo Energies raises €98M led by Mirova to deploy 800 MW of clean energy capacity by 2030.
  • EnduroSat raises €43M to increase satellite production, aiming for cost-efficient constellation deployment.
  • Cerby lands €35.2M to enhance AI-powered identity security with a focus on key markets and agentic AI capabilities.
  • Plagazi secures €29.5M EU grant for Gävle Circular Park project turning waste into green hydrogen, capturing CO₂.
  • Bloq.it raises €28M to expand smart locker system, showing explosive revenue growth since 2021.
  • Volare gets €26M to build highly efficient insect protein plant, supporting circular agriculture and reducing protein import reliance.
  • SpAItial secures $13M to pioneer Spatial Foundation Models for 3D AI, enabling accurate simulation of real-world environments.
  • Inven raises €11.2M to innovate private market deal sourcing using AI, real-time investment signals.
  • Stotles raises €11.5M to grow AI-powered public sector sales platform, aiding US expansion and AI-driven software enhancement.

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Economic Times

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Builder.ai-Dailyhunt fake sales: All you need to know about the “round-tripping” scandal

  • AI startup Builder.ai allegedly faked transactions with VerSe Innovation to boost reported sales using a scheme known as 'round-tripping'.
  • VerSe Innovation cofounder dismissed allegations of recording false expenses and billing for unprovided services as baseless.
  • Deloitte flagged internal control issues in VerSe's financial operations, including gaps in supplier selection and expense tracking.
  • Builder.ai filed for bankruptcy after overstating sales projections, facing scrutiny, and job cuts at both companies.

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Inc42

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From Battery Smart To Chalo — Indian Startups Raised $93 Mn This Week

  • Indian startup ecosystem witnessed a decrease in investment activity in the final week of May, with 15 startups raising $92.9 Mn.
  • Three Indian startups secured funding in the consumer services sector, with Snabbit and Slikk leading the way with a total of $30 Mn.
  • Battery Smart's $29 Mn fundraise propelled cleantech to emerge as the second most funded sector this week.
  • Lightspeed Ventures actively backed Snabbit and Slikk, while four startups at the seed stage raised $3.2 Mn.
  • Noteworthy fund updates include Multiples closing a $430 Mn continuation fund and IFC proposing a $30 Mn infusion in L Catterton India Fund.
  • Startup IPO developments featured Groww filing its IPO papers confidentially and Moneyview restructuring ahead of its $400 Mn IPO.
  • Imarticus Learning acquired MyCaptain, KiranaPro bought Likeo, and Plane acquired Sort in M&A deals this week.
  • Pronto is seeking approximately $12 Mn in Series A funding, Snitch aims to raise over $33 Mn in Series B, and KNOT is in talks for a $3 Mn round.
  • Lastly, Lendingkart is planning to secure a debt of around $12 Mn from InnoVen Capital in the near future.
  • Overall, the funding landscape showcased varied sector allocations and notable milestones in the Indian startup ecosystem this week.

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Medium

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The Complicated Life of a Mid-Management Product Leader

  • Starting a career in Product management is clear-cut, focusing on users, features, and impact.
  • Transitioning to senior leadership involves a shift towards vision, strategy, and long-term goals.
  • The role of mid-management Product Leader involves managing expectations from both sides and balancing various responsibilities.
  • Mid-level Product Leaders face the challenge of protecting their teams while aligning with company strategy and delivering tough messages when needed.

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Startup Pedia

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This New-Age Logistics Startup Empowers Brands To Offer A Quick Commerce-like 60-Minute Delivery Experience; Grows By 300% Y-O-Y

  • Zippee, a quick logistics startup founded by Madhav Kasturia and Angad Singh in 2021, aims to revolutionize last-mile delivery in India.
  • The startup bridges the gap for new-age D2C brands struggling to compete on quick commerce platforms, by offering same-day and 60-minute delivery services.
  • Investing in dark stores strategically located in urban hubs like Delhi-NCR, Mumbai, and Bangalore sets Zippee apart from traditional logistics giants.
  • With a focus on efficiency, Zippee's model includes integrated warehousing, last-mile delivery, and automated customer communication tools.
  • Despite premium pricing, Zippee has seen over 300% year-on-year growth, attracting clients like Lenskart, Haldiram's, and more.
  • The startup's success is fueled by $8.5 million in funding from investors like Haldiram’s and celebrity angels, enabling national expansion and staff growth.
  • Zippee's tech-driven approach has led to significant client satisfaction, reflected in increased sales, reduced return rates, and higher Net Promoter Scores.
  • Future plans for Zippee include entering 7 new cities, adding more dark stores, and introducing a 'pick-up & drop' service to support over 1 lakh online brands in India.
  • The startup's ambition to be India's first quick commerce logistics-as-a-service platform aligns with the rapid growth projected for the quick logistics market in India.
  • As Zippee navigates challenges and competition, its focus on innovation and customer loyalty underscores its commitment to reshaping the e-commerce and logistics landscape in India.

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Inc42

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BNP Paribas Picks Up INR 1,488 Cr Stake In Zomato, Dumps INR 503 Cr Shares In Nykaa

  • French banking giant BNP Paribas has acquired a stake of INR 1,488.71 Cr in Zomato by purchasing 6.24 Lakh shares in a bulk deal.
  • BNP Paribas also sold 1.88 Lakh shares of Nykaa in a bulk deal amounting to INR 4.35 Cr and dumped 2,48,31,803 shares in Nykaa totaling INR 503.61 Cr.
  • BNP Paribas seems to be looking to book profits as Zomato and Nykaa stocks have been growing steadily in the past few trading sessions.
  • Despite challenges in the foodtech space, BNP Paribas invested in Zomato, while Nykaa's consolidated net profit surged 110% in Q4 FY25.

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