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Economic Times
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BigBasket pilots 10-minute food delivery with Starbucks, Qmin in Bengaluru
- BigBasket has started a 10-minute food delivery service in Bengaluru, offering items from Starbucks and Qmin.
- Qmin, owned by Tata Sons' IHCL, is a food delivery service launched in 2020, providing a range of food items from Tata-owned hotels.
- Tata Sons expressed concerns about BigBasket's response to quick commerce growth and suggested seeking external investors for a proposed $1 billion round.
- Competitors like Zomato's Bistro, Swiggy's Bolt, and Zepto Cafe are also expanding their rapid food delivery services, with varying strategies and challenges.
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Medium
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You Need to Build the Right Foundation
- Chad, who launched an AI startup, suffered setbacks due to a poorly designed website, leading to high bounce rates and lost investor interest.
- Recognizing the common issue of startups lacking a solid foundation, alpha-level designers created Hirevision, a website template tailored for AI-powered companies and startups.
- Hirevision is strategically designed as a conversion-focused template with sleek design, clear CTAs, smart layout, responsiveness, and fast loading times to enhance credibility and drive sales.
- It serves as the ideal foundation for AI startups to present themselves effectively, ensuring a professional image and a compelling online presence.
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Siliconangle
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Cloud cost optimization startup CloudZero closes $56M investment
- CloudZero Inc. has secured $56 million in funding to enhance its software platform aimed at helping enterprises reduce cloud expenses.
- The Series C round was led by BlueCrest Capital Management and Innovius Capital, with participation from other investors, bringing CloudZero's total funding to over $85 million.
- CloudZero's platform automates the normalization of spending data and provides detailed breakdowns to help companies analyze and optimize their cloud costs efficiently.
- The company plans to use the funding to expand partnerships, develop new platform features, including integrations with developer tools, and improve capabilities for forecasting cloud spending.
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Dev
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If I Were the First Engineer at a Startup, Here's What I’d Do
- Startups fail due to building the wrong thing, too slowly, or with the wrong team, not bad code.
- First engineer's focus should be on shipping smart, moving fast, and laying a strong foundation.
- Start with understanding the customer and solving their painful problems before coding.
- Keep the tech stack simple, build for feedback, and work closely with the founder for effective execution.
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Medium
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The Startup Olympics: Where Raising Money Matters More Than Making It
- The startup ecosystem has transformed into a 'Startup Olympics' where raising capital quickly has taken precedence over building sustainable businesses.
- Founders are often more focused on securing funding and attention rather than creating products that solve real problems or generate profits.
- Raising capital has become a shield that delays facing the reality of whether the product actually works, creating a culture of bloated teams and unnecessary spending.
- The appeal of venture capital has shifted the focus from solving pain points to maintaining appearances, resulting in a performative atmosphere rather than a genuine commitment to innovation.
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Inc42
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IndiaAI Mission: Soket AI, Gnani.ai & Gan.ai To Develop Indigenous AI Models
- IndiaAI mission selects Soket AI Labs, Gnani.ai, and Gan.ai to develop large language models under the foundational model pillar.
- Soket AI Labs to develop India’s first open source 120 Bn parameter foundational model, Gnani.ai to build a 14 Bn parameter Voice AI model, and Gan.ai to create a 70 Bn parameter multilingual model with superhuman TTS capabilities.
- The IndiaAI Mission received 506 proposals, with the selected startups set to receive support similar to the previously chosen Sarvam AI.
- IT minister Ashwini Vaishnaw aims for top global positions in AI, highlighting India’s increasing national compute capacity and dataset availability through the AI Kosh portal.
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Hackernoon
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No Stanford Degree? No Problem. Here’s How to Win as an Underdog Founder
- Startups often favor founders with prestigious degrees and corporate backgrounds when it comes to funding opportunities.
- However, many underdog founders without elite degrees or impressive resumes are finding ways to succeed by focusing on tangible results.
- Leading with proof of concept rather than promises can help build trust and credibility faster.
- Designing a professional and user-friendly website and pitch deck can make a significant impact, even without a recognizable brand name.
- Drawing credibility from user testimonials and feedback can be more convincing than relying on personal resumes or industry connections.
- Avoiding buzzwords and using clear, simple language to explain the product can help customers understand its value more easily.
- Creating your own opportunities through networking and active engagement can help underdog founders overcome the lack of traditional access to key events and platforms.
- Success for underdog founders lies in focusing on actions, delivering real results, and consistently building trust through user feedback and impactful communication.
- Meaningful progress in the startup world may take time, but persistence, dedication, and demonstrating value are key to long-term success.
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Inc42
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393
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EaseMyTrip Back In The Black, Posts INR 14 Cr Profit In Q4
- EaseMyTrip posted a consolidated net profit of INR 13.9 Cr in Q4 FY25, compared to a loss of INR 15.1 Cr in the year-ago quarter.
- Operating revenue declined 15% to INR 139.5 Cr in Q4 FY25, with a 59% drop in profit from the previous quarter.
- Air ticketing remains the primary revenue driver, although revenue from this segment declined by 28.71%.
- EaseMyTrip saw significant growth in hotel bookings and other services, with plans for further investment in its insurtech vertical.
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Gritdaily
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The Connection Between Indoor Air Quality and Student Attendance
- Poor indoor air quality (IAQ) in schools is linked to increased respiratory illnesses, allergies, and higher rates of student absences.
- Respiratory illnesses like asthma, allergies, and flu symptoms can worsen in schools with high levels of airborne pollutants, impacting student attendance.
- Studies show that better ventilation and air filtration systems can reduce illnesses, absenteeism, and improve overall school attendance rates.
- To improve IAQ and reduce student absences, schools can implement measures like enhancing ventilation systems, using HEPA air purifiers, conducting HVAC maintenance, monitoring CO₂ levels, and limiting harmful chemicals.
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Gritdaily
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The Changing Face of UN Peacekeeping: Women on the Frontlines
- The Women, Peace and Security agenda has played a crucial role in enhancing women's involvement in UN peacekeeping operations over the past 25 years.
- Although progress has been made, women still only make up 8.4% of the 76,700 uniformed peacekeepers, indicating a slow march toward equal representation.
- The UN aims to have at least 15% women in military personnel by 2028, facing challenges like limited career advancement and societal perceptions.
- Countries with better gender equality records deploy more women peacekeepers, emphasizing the influence of domestic military policies.
- The presence of women in peacekeeping missions is not enough; meaningful participation is hindered by stereotypical roles and underutilization of skills.
- Countries like South Africa, Ghana, Ethiopia, and Tanzania have exceeded UN targets for female peacekeepers, while others like India lag behind.
- To drive genuine transformation, financial incentives based on high-ranking women in contingents and specialized training are proposed by experts.
- The story of women in UN peacekeeping reflects broader discussions on representation, security, and the critical role of women in peace processes.
- As the world celebrates International Day of UN Peacekeepers, the focus shifts to systemic changes in deployment practices for true progress.
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Gritdaily
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Real-Time Hands-Free Translation Made Smarter with Translate Now’s Innovative Tech
- Translate Now by Air Apps introduces innovative hands-free technology for real-time translation, eliminating the need for manual input and making conversations smoother.
- The latest version of Translate Now features Hands-Free Mode, enabling continuous speech-to-speech translation with advanced AI that supports around 300 languages and regional dialects.
- This technology is transforming communication across various sectors, including healthcare, education, and business, with Air Apps generating significant revenue and establishing a strong presence in the translation app market.
- Translate Now's AI-driven voice recognition technology contributes to the app's success, reflecting the growing market for AI language translation solutions that aim to streamline cross-language conversations and enhance global communication.
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ISN
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Nykaa reports 110% rise in net profit to Rs 19 crore in Q4FY25
- Nykaa's parent company, FSN E-Commerce Ventures, reported a significant increase in net profit and revenue in Q4FY25, driven by growth in beauty verticals, improved margins, and a focus on premium brands.
- In Q4FY25, Nykaa's net profit surged by 110% to Rs 19 crore, with revenue from operations increasing by 24% to Rs 2,062 crore. For the full fiscal year, net profit rose by 81% to Rs 72 crore, and annual revenue grew by 24% to Rs 7,950 crore.
- Nykaa's offline retail expansion led to 50 new stores being opened, with the beauty vertical accounting for a majority of revenue. The company's owned beauty brands, including Dot & Key, Nykaa Cosmetics, and Kay Beauty, collectively generated nearly Rs 1,700 crore in GMV.
- Nykaa Fashion showed signs of recovery with a rise in GMV and revenue. The company also received approvals for internal restructurings, including the demerger of eB2B operations and the merger of Iluminar Media into Nykaa Fashion.
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TechCrunch
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Startups Weekly: AMD acquisition and other moves to scale AI startups
- AMD acquired Enosemi, a startup designing custom materials to support silicon photonics product development to accelerate co-packaged optics innovation for AI systems.
- AI startup Anthropic added Netflix co-founder Reed Hastings to its board of directors.
- Family safety app Life360 finally incorporates AirTag-like lost item tracking functionalities of Tile after three and a half years.
- High-profile entrepreneur Sahil Lavingia disclosed his short stint on Elon Musk's DOGE workforce.
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Pymnts
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Dojo Secures $190 Million to Accelerate Growth of in-Person Commerce Solution
- Dojo secured a $190 million investment from Vitruvian Partners to accelerate its growth in the UK and expand across Europe.
- Dojo offers a cloud-native platform for in-person and digital payment solutions, business funding, booking management software, and other services to over 140,000 businesses in the UK.
- The company plans to scale its growth and enable in-person commerce across Europe, starting with Ireland, Italy, and Spain.
- Dojo aims to disrupt card payments, expand its services to larger enterprises, and capitalize on the shift towards embedded and integrated payments with the support of Vitruvian Partners.
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Inc42
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‘Nykaa Now’ Live In Multiple Cities, Wider Metro Rollout Soon
- Nykaa's quick delivery service 'Nykaa Now' is currently operational in several cities and will soon be rolled out to more metros.
- Under Nykaa Now, the company offers deliveries within 60 minutes, leveraging its physical retail stores for hyperlocal deliveries.
- Nykaa reported a growth in consolidated net profit and operating revenue, with the beauty segment continuing to be the primary driver of growth.
- Nykaa made structural changes to improve margins for the fashion business and remains bullish on the long-term opportunities in online fashion.
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