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Inc42

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OYO’s Q4 Revenue To Surge 60% YoY To INR 2,100 Cr: Ritesh Agarwal

  • OYO founder Ritesh Agarwal expects Q4 FY25 revenue to grow 60% YoY to INR 2,100 Cr.
  • The revenue growth reflects OYO's ability to drive sustainable and profitable growth.
  • Excluding the contribution from G6 Hospitality, OYO's revenue is expected to grow 42% YoY to INR 1,886 Cr.
  • OYO is looking to make significant investments in overseas markets and is actively preparing for a potential IPO.

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Wendor Nets $2.5 Mn To Boost Its AI-Powered Vending Tech

  • Wendor has secured a strategic investment of $2.5 Mn from Elanpro.
  • The investment will support Wendor's AI-powered vending technology and market presence.
  • Wendor plans to develop computer vision solutions and expand globally.
  • The Indian vending machine market is projected to reach $451.5 Mn by FY32.

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Startup Story

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Lehlah Raises Rs 12.5 Crore to Enhance Influencer Earnings and Expand E-Commerce Reach

  • Lehlah, a content-commerce platform, has raised Rs 12.5 crore in a seed funding round.
  • The investment was led by Gruhas, co-founded by Nikhil Kamath and Abhijeet Pai.
  • Lehlah plans to enhance its platform, expand its team, and strengthen its position in the influencer-led e-commerce industry.
  • The platform aims to create a sustainable revenue stream for influencers and provide brands with an efficient way to reach their target audiences.

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Inc42

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Spinny Raises $131 Mn To Expand NBFC Arm: Report

  • Spinny, a used-car marketplace unicorn, has raised $131 Mn in a funding round led by Accel Leaders Fund and participated by Nandan Nilekani's Fundamentum.
  • The round, which included primary and secondary transactions, valued the startup at $1.7 Bn to $1.8 Bn on a post-money basis.
  • Spinny plans to use the funds to expand its non-banking financial arm, diversify into lending and ancillary services, and improve its gross margins.
  • This funding round comes at a time when the demand for pre-owned cars in India is on the rise, and other used-car selling startups are also seeing increased investor interest.

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Medium

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ReflectX — BurningMan for Startups and Investors

  • ReflectX is a festival that brings together startups, investors, and tech enthusiasts in Cyprus, creating a platform for networking and collaboration.
  • Participants at ReflectX engage in sharing ideas, seeking advice, and building connections in a friendly and supportive environment.
  • To participate, startups can submit pitch decks for a chance to win cash prizes and attract investments.
  • Preparing a concise and informative pitch deck is crucial, focusing on highlighting problems, market potential, and solutions rather than just the product itself.
  • Despite not being selected as top participants, presenting at the pre-party provided valuable feedback from investors, guiding towards market focus and user retention strategies.
  • Interaction with investors, entrepreneurs, and industry peers during networking events like Speed Dating and Shark Tank offered insights and potential partnerships.
  • Valuable advice received included the importance of starting small, targeting specific user groups, and exploring opportunities in B2B partnerships for sustainable growth.
  • The festival served as a turning point for reevaluating strategies, with a shift towards booking venues and trainers in the sports industry.
  • Key takeaways included the significance of gradual growth, user retention, and diversifying into B2B services for long-term success.
  • ReflectX provided a valuable experience in networking, learning, and potential business pivots, emphasizing the importance of active participation and engagement at such events.

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Eu-Startups

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Fiberdom secures €3.5 million to drive plastic-free, circular material innovations

  • Fiberdom, a Finnish materials innovation company, has secured €3.5 million in funding to accelerate the development and scaling of its plastic-free material.
  • The funding was raised from long-term investor Heino Group, Nordic Foodtech VC, and Holdix Oy, along with a €600k grant from Business Finland.
  • Fiberdom's material is 100% plastic-free, high-performance, strong, formable, durable, lightweight, cost-effective, recyclable, and home-compostable.
  • The company aims to replace non-essential plastics with scalable, circular solutions and has successfully commercialized single-use cutlery as its first application.

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Inc42

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Startup Mahakumbh Is A Golden Bridge For Startups To Connect With Govt: Ajay Bhadoo Of GeM

  • Government e Marketplace (GeM) has saved over INR 1.5 Lakh Cr in public exchequer, becoming a powerhouse in online procurement.
  • Startups have secured over INR 37K Cr in business through GeM, aiming to onboard more than 1 Lakh DPIIT-registered startups.
  • At Startup Mahakumbh, GeM plans to onboard startups in real-time, offering fast-track access to public procurement ecosystem.
  • Ajay Bhadoo of GeM discusses opportunities for startups, impact of digitalization on procurement, and government's strategies.
  • GeM's Startup Runway initiative supports startups in public procurement and widens their visibility to reach government buyers.
  • GeM has reduced turnaround time in public procurement, democratized business opportunities, and ensured competitive pricing.
  • Utilizing AI and emerging tech, GeM aims to improve services, streamline procurement processes, and enhance user experience.
  • GeM contributes to India's vision of a $5 Tn economy through digital governance, cost savings, and inclusive growth initiatives.
  • Startup Mahakumbh aids in promoting innovation and collaborations between startups and government bodies, paving the way for partnerships.
  • GeM leverages opportunities at Startup Mahakumbh to onboard startups, simplify onboarding processes, and facilitate interactions with government buyers.

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ISN

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Molecular diagnostics startup Tvaster Genkalp raises $1.25 million in a pre-Series A round

  • Molecular diagnostics startup Tvaster Genkalp has raised $1.25 million in a pre-Series A funding round led by Ideaspring Capital.
  • The funding will be used to accelerate the expansion and commercialisation of Episcreen Liver, a liquid biopsy test for early liver cancer detection.
  • Tvaster Genkalp develops high-accuracy genetic solutions, focusing on non-invasive cancer detection and precision oncology.
  • Liver cancer cases are on the rise globally, and Tvaster aims to improve early detection and patient outcomes through their innovative diagnostic tests.

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Yourstory

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Global GenAI spending to reach $644B in 2025: Gartner

  • Spending on generative AI (GenAI) is expected to reach $644 billion in 2025, a 76.4% increase from 2024.
  • Despite expectations declining, foundational model providers continue to invest in enhancing GenAI models' size, performance, and reliability.
  • Device-related GenAI spending is projected to almost double, reaching $398.3 billion in 2025 - a 99.5% increase from 2024.
  • About 80% of GenAI spending will go towards hardware, as AI capabilities become a standard feature in next-gen devices.

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ISN

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Managed workplace solutions firm IndiQube gets SEBI's go ahead for Rs 850 crore IPO

  • Managed workplace solutions company, IndiQube, has received SEBI's approval for its Rs 850 crore IPO.
  • The IPO will consist of a Fresh Issue of equity shares worth up to Rs 750 crore and an Offer for Sale (OFS) of equity shares worth up to Rs 100 crore.
  • IndiQube plans to use the proceeds for capital expenditure, repayment of borrowings, and general corporate purposes.
  • The company manages a portfolio of 103 centres across 13 cities, with a total capacity of 172,451 seats and a diverse clientele including Myntra, upGrad, Zerodha, and Siemens.

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SiliconCanals

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montamo raises €6M to boost Germany’s green energy push; aims to train and hire 1,000+ people in 5 years

  • Berlin-based montamo has secured €6M equity in a Seed funding round to expand its geographic reach in Germany.
  • The funding round was led by Alter Equity and also saw participation from Rethink Education and existing investors.
  • montamo specializes in the fast and reliable installation of energy transition equipment, particularly heat pumps.
  • The company plans to open more hubs in major cities to increase installation capacity and geographic coverage.

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Eu-Startups

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Zepz secures €152 million financing to enhance global remittances across WorldRemit and Sendwave

  • London-based Zepz, the global payments group behind WorldRemit and Sendwave, has secured €152 million in financing.
  • The financing includes a €101.7 million revolving credit facility led by HSBC Innovation Banking and a €50.8 million term facility underwritten by HSBC Private Credit.
  • Zepz aims to make money transfers faster, affordable, and accessible, serving over 9+ million users in over 4,000 corridors.
  • The financing will be used to invest in better pricing, ongoing innovation, and optimal transfer fees, improving the customer experience.

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Yourstory

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Padrea Global Services secures investment to drive expansion

  • Padrea Global Services, a management consultancy firm, has secured a strategic investment of Rs 31 crore.
  • The company aims to strengthen its core business verticals, expand operations, and advance technological capabilities.
  • The investment will be utilized to reinforce the company's coal business and expand its reach in Northeast India.
  • Padrea's expansion aligns with India's surging coal demand and government policies supporting domestic production.

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Medium

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Burger King Franchise Cost in India: The Ultimate Guide to Investment, Profit & Opportunitie

  • Owning a Burger King franchise in India can be a highly profitable business opportunity, but it requires careful financial planning and adherence to franchise regulations.
  • Burger King is a well-known fast-food brand with a strong legacy and loyal customer base in India, offering a competitive edge over local competitors.
  • India's Quick Service Restaurant (QSR) industry is rapidly growing, driven by urbanization, changing dietary habits, and a rising demand for convenience foods.
  • There is a high demand for burgers in India, with Burger King's diverse menu catering to a wide customer base and ensuring consistent foot traffic.
  • Investing in a Burger King franchise comes with comprehensive support from the parent company, including guidance on operations, marketing, and training.
  • Franchisees can expect high-profit margins ranging from 20% to 30%, making it an attractive long-term business opportunity in India.
  • The Burger King franchise cost in India ranges from ₹11 lakh to ₹37 lakh, with additional setup, ongoing expenses, and working capital required.
  • Burger King offers different franchise models based on location and investment levels, catering to diverse business goals and scalability opportunities.
  • Potential earnings from owning a Burger King franchise in India include average daily sales of ₹20,000 to ₹30,000, with monthly profits ranging from ₹3 lakh to ₹4 lakh after expenses.
  • The process of becoming a Burger King franchisee involves research, application submission, approval, agreement signing, setup, training, and marketing for a successful business launch.

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Startup Pedia

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This Andhra Pradesh Startup Is Building An Amazon-like B2B Platform For Construction Procurement

  • Pradeep Devarakonda, a twenty-year-old from Andhra Pradesh, founded Krupa Corp, a construction solutions startup aiming to revolutionize the industry.
  • Krupa Corp integrates digital solutions to connect builders, contractors, and infrastructure companies for efficient procurement.
  • Devarakonda recognized gaps in the construction market and launched an MVP in 2024 to test the effectiveness.
  • By the end of 2024, the MVP generated a revenue of Rs 50 lakh during the pilot testing phase.
  • In 2025, Krupa Corp was officially launched to streamline construction material procurement.
  • The startup faced logistical and order cancellation challenges initially but overcame them with third-party solutions.
  • Krupa Corp introduced Krupa Market, a B2B commerce platform for efficient construction procurement including steel.
  • The platform allows builders, contractors, and homeowners to access competitive pricing and automate data management.
  • Plans are in place to expand Krupa Corp with Krupa Retail Ventures Private Limited for retailing home improvement products.
  • The goal is to establish Krupa Corporation as a trusted name in both B2B commerce and retail in the construction industry.

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