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Startup News
Startup Pedia
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Zomato Entwined In ‘Fake Paneer' Controversy, Netizens Call It ‘Breach of Customer Trust’
- Zomato has come under fire for selling 'fake' paneer made with vegetable oils on its B2B service, Hyperpure.
- A post on social media exposed the selling of synthetic paneer on Zomato's website for restaurants.
- The 'fake' paneer, labelled as 'Analogue Paneer' on the Hyperpure website, contains vegetable fats instead of milk fat.
- Netizens expressed disappointment and criticized Zomato for breaching customer trust and compromising on food quality.
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Medium
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How AI Companies Can Build Pricing Power and Capture Value
- In the world of AI companies, building pricing power and capturing value requires strategic execution, GTM strategy, and value-added services.
- Technical brilliance and massive developer adoption don't guarantee financial success or pricing power.
- Verticalization, tailoring solutions to specific industries, and bundling, finding common use cases, are two strategic paths for capturing long-term value.
- Creating value in enterprise AI is just the beginning; capturing it by building a business with pricing power is the real challenge and opportunity.
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Medium
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Startups guide to writing a winning business plan.
- A business plan is a roadmap that outlines the objectives, strategies, and action steps of an enterprise.
- It provides clarity, alignment, and accountability for entrepreneurs and business owners.
- The sections typically included in a business plan are mission and vision, market analysis, product or service offerings, marketing and sales strategies, operational plans, and financial projections.
- Business plans are important for startups, small business owners, and entrepreneurs seeking funding or expansion.
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Economic Times
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Zomato picks up 8% stake in kitchen appliances startup Byondnxt
- Zomato is acquiring an 8% equity stake in kitchen appliances startup Byondnxt Smart Home for Rs 6,000
- Byondnxt is a B2C firm that designs and manufactures kitchen appliances
- Zomato had previously acquired a stake in Mukunda, which offers smart kitchen equipment to B2B customers
- Zomato's board of directors approved an Rs 8,500 crore fundraise plan via a qualified institutional placement
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Medium
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Building in public.
- The author initially joined TikTok to create awareness of their startup but realized that their true motivation was to share the experience of building a startup from scratch.
- They want to document both the successes and failures of this journey, despite the fear that potential enterprise buyers might be deterred by the lack of success.
- The author aims to share the behind-the-scenes journey, including how they structure their day, their fears, their joy, and their reflections on whether they made the right decision.
- To track progress, the author plans to share weekly goals and metrics, recognizing that venturing into uncharted territory requires leaving the comfort zone.
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Medium
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A Fin White drama
- Fin White is a journalist at CNN who wants to transition to academia.
- He has faced 8 rejections and 3 unsuccessful interviews in his pursuit of a job in academia.
- Fin contemplates the preference of academics for fancy theories and questions.
- Fin gets distracted by his neighbor's dog and later encounters Noah on his front porch.
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TechCrunch
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Interface.ai raises $30M to help banks field customer requests
- Interface.ai has raised $30 million in a funding round led by Avataar Venture Partners.
- The funding round consisted of $20 million equity and $10 million debt.
- Interface is a customer automation platform for banks and has more than 100 financial institutions as clients.
- With the new funding, Interface plans to expand its team and accelerate go-to-market initiatives.
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ISN
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Glance partners with Swiggy Instamart to launch one-tap purchase feature
- Glance has partnered with Swiggy Instamart to introduce a one-tap purchase feature.
- Users can place orders directly from their smartphone lock screens.
- The partnership aims to streamline the shopping experience and enhance brand communication.
- The collaboration has already shown success, with some brands experiencing a sales uplift.
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Hackernoon
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Navigating HR Compliance with Care: Introducing CraveHRO, Startups of the Year 2024 Nominee
- CraveHRO has been nominated in HackerNoon's Startup of the Year 2024 awards in New York, US
- CraveHRO is a full-service HR consulting firm focused on simplifying human resources for small businesses
- The company prioritizes mental health in the workplace and offers personalized and compassionate solutions
- CraveHRO is working on CraveWave, a customizable HR client cloud to automate tasks and streamline compliance
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Hackernoon
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Image Credit: Hackernoon
Meet TILDI TECH, Startups of the Year 2024 Nominee
- TILDI TECH has been nominated in HackerNoon's annual Startups of The Year awards in Agadir, Morocco.
- TILDI TECH is a technical design office specializing in civil engineering, IT consulting, and digital marketing services.
- Key indicators that support our belief in TILDI TECH’s product-market fit include high client retention, diverse portfolio, growing referrals, and quantifiable results.
- Participating in HackerNoon’s Startups of the Year 2024 is an exciting opportunity for TILDI TECH to showcase their unique blend of services and attract new partnerships.
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TechRound
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Top 8 Startups for Investing in Gold
- Gold is a great asset for diversifying investments and hedging against inflation during an economic downturn. There are different methods of investing such as physical gold, digital gold, gold ETFs, gold mining stocks, and Gold-backed cryptocurrency. Startups have emerged providing safe and secure ways of buying, selling, and storing gold. These startups provide accessible and affordable options for people across the world.
- Minted is a Turkish startup that offers customers the option to buy gold in monthly installments, enabling those who can't afford large upfront sums to invest in gold.
- Troygold is a South African financial services provider that allows customers to buy, sell or borrow against gold using gold-backed digitisation financial products and services technology.
- Goldex, a London-based developer of a gold trading platform, allows people to buy, sell and store gold through allocated physical pieces. Goldex also offers a payment card backed by physical gold which enables customers to transact at fair prices through convenient means.
- Vaulted is a US-based investment app that enables users to purchase gold and silver. Vaulted offers users safety and security as well as guidance from industry experts.
- Goldmoney is a precious metal bullion trading, custody and storage company that offers affordable prices for the storage of gold. Goldmony assures clients that they are the actual owner of the gold at purchase, with no exposure to counterparty risk or other external factors.
- HelloGold is a mobile application that allows users to buy, save, sell, and redeem actual gold in the most efficient, affordable and convenient way possible. Based in Malaysia the company was founded in 2015.
- Bullion Vault is an online brokerage platform that provides access to a cost-effective, secure and professional-grade bullion market. The platform enables individuals to own metals including gold, silver, and platinum in their own name access to deep liquidity, low costs, and high security.
- Glint Pay is the developer of a mobile gold payment app that reintroduces gold as a global currency. The app allows for exchanging and sending multiple currencies, including gold, for everyday use through a MasterCard debit card.
- All these startups provide gold investment opportunities in an affordable, secure, and convenient way allowing customers to invest in gold through a method that suits them.
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Inc42
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Yatra Shares Fall Nearly 6%, Touch All-Time Low
- Shares of Yatra, an online travel aggregator, fell 5.9% and reached an all-time low at INR 112.70 on the BSE.
- The stock later recovered some losses and ended the session 4.13% lower at INR 114.90.
- Yatra's market capitalisation stood at INR 1,802.97 Cr at the end of the session.
- Yatra shares have been on a downward spiral for five consecutive sessions, currently down nearly 15% from its listing price.
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Hackernoon
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Image Credit: Hackernoon
Meet COOCO, Startups of the Year 2024 Nominee
- COOCO has been nominated in HackerNoon's annual Startups of The Year awards in Hamilton, Canada.
- COOCO is an AI-powered social networking platform that simplifies food management and reduces waste.
- The platform helps users become culinary champions by providing personalized recipe recommendations and smart ingredient management.
- COOCO has achieved milestones such as high user satisfaction, partnerships with local innovation hubs, and securing funding for scaling.
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Siliconangle
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366
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Stream.Security secures $30M to enhance AI-powered cloud threat management
- Cloud security solutions startup Stream.Security has raised $30 million in funding.
- The funding will be used for research and development to enhance the company's AI-powered platform.
- Stream.Security's platform offers real-time cloud threat and exposure management solutions.
- The company has experienced over 400% growth in the past year.
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Siliconangle
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Image Credit: Siliconangle
Hue raises $4.5M to expand AI-powered video platform for e-commerce
- Hue Beauty Inc. raises $4.5 million in funding to expand its AI-powered video platform for e-commerce.
- Hue helps brands embed shoppable videos on their e-commerce websites using AI-powered technology.
- The platform boosts engagement and conversion rates by providing personalized, user-generated video content.
- Investors in the seed round include Fika Ventures, Underscore VC, and Sequoia Scouts.
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