A naukri.com initiative
Startup News
Gritdaily
3w
115
Image Credit: Gritdaily
Ekaterina Talalaeva: Starting a New Business Has Become Easier, but Not Everyone Will Survive the Competition
- The e-commerce market has been growing, reaching a volume of six trillion dollars in 2023.
- Entering foreign markets requires building audience trust and effective use of social media.
- Adapting products and marketing to local preferences is important in international trade where trust is a major factor.
- Entrepreneurs primarily enter new markets through organic traffic and avoid high advertising costs.
- Shopify platform is user-friendly, offers integrated solutions for shipping, payment and data analytics.
- Adapting to local laws and cultural features is essential for successful international trade.
- Free training through charitable projects aids in the development of local communities and the economy.
- Important criteria for a successful e-commerce entrepreneur includes audience understanding, adaptation and process optimization.
- Adaptation to new technologies and restructuring business processes is key to expanding to online.
- Future e-commerce trends include personalized offers, AI incorporation, and automation in logistics.
Read Full Article
6 Likes
Medium
3w
141
Image Credit: Medium
VCs Bet on AI : The Future of Business
- The Generative AI Value Stack is a framework for integrating AI technologies into business operations.
- Venture capitalists evaluate AI startups based on critical factors to identify potential for success.
- Several venture capital firms are leaders in AI investments, funding startups and providing support.
- VCs leverage AI tools for data analytics and machine learning to make informed investment decisions.
Read Full Article
8 Likes
Inc42
3w
4
Image Credit: Inc42
Elevation Rejigs Team, Promotes VP Ashray Iyengar & 2 Others
- Venture capital firm Elevation Capital has promoted three members of its leadership team.
- Vaas Bhaskar and Chirag Chadha have been elevated to partners, while Ashray Iyengar has been promoted to principal.
- The partnership team at Elevation Capital now consists of nine members.
- Elevation Capital has made significant investments and exits recently, including leading a seed funding round at Infinyte.Club and exiting online travel aggregator ixigo.
Read Full Article
Like
Yourstory
3w
181
Image Credit: Yourstory
Neysa bags $30M in Series A funding co-led by NTTVC, Z47, and Nexus Venture Partners
- AI cloud startup Neysa has raised $30 million in Series A funding co-led by NTTVC, Z47, and Nexus Venture Partners.
- The Mumbai-based company aims to drive Gen AI innovation for Indian enterprises and the public sector.
- The funding will be used to expand Neysa's AI infrastructure, enhance R&D efforts, and launch its Gen AI Acceleration Cloud Service.
- Neysa offers generative AI platforms and services, and its flagship platform, Neysa Velocis, is now available and has secured orders from various sectors.
Read Full Article
10 Likes
StartupDaily
3w
393
A $92,000 furniture bill has cost WiseTech founder Richard White billions – and a lot more
- WiseTech founder Richard White's personal and professional life has garnered media attention in recent weeks.
- It started with a legal battle over a $92,000 furniture bill, leading to allegations of a sexual relationship between White and the furniture purchaser, Linda Rogan.
- The bankruptcy claim related to the furniture bill has been settled, with Rogan withdrawing all allegations.
- However, ongoing revelations about White's personal conduct and corporate governance concerns have led to a significant drop in WiseTech's share price and White's personal fortune.
Read Full Article
23 Likes
ISN
3w
75
Image Credit: ISN
Zomato CEO Deepinder Goyal launches new healthtech startup 'Continue' for wellness tracking: Report
- Zomato CEO Deepinder Goyal has launched a new healthtech startup called 'Continue' for wellness tracking.
- Continue.com, branded as 'The Ultimate Health Tracker,' is currently in stealth mode with limited details available.
- The venture is being operated under the legal name Upslope Advisors Pvt Ltd, and Goyal has personally funded it.
- Continue will focus on health aspects such as mental wellness, nutrition, sleep tracking, and preventive health measures.
Read Full Article
4 Likes
Inc42
3w
190
Image Credit: Inc42
Neysa Bags $20 Mn To Fuel Its GenAI Adoption
- AI cloud and platform-as-a-service startup Neysa has secured $30 Mn in a Series A funding round co-led by existing investors NTTVC, Z47 and Nexus Venture Partners.
- The Mumbai-based startup plans to use the fresh capital to ramp up its AI infrastructure, research and development and prepare for the launch of its integrated GenAI acceleration cloud service.
- Neysa provides a range of GenAI platforms and services aimed at assisting clients in overseeing their AI projects, ensuring security across both cloud and edge environments.
- The company also revealed that it has secured orders from paying customers across various sectors, including AI-first digital natives, media and entertainment companies, service providers, software vendors and the public sector.
Read Full Article
11 Likes
Inc42
3w
371
Image Credit: Inc42
Neysa Bags $30 Mn To Fuel Its GenAI Adoption
- Mumbai-based AI startup Neysa has raised $30 Mn in a Series A funding round.
- The funds will be used to ramp up AI infrastructure and research and development.
- Neysa plans to launch its integrated GenAI acceleration cloud service.
- The startup aims to democratize access to GenAI and AI solutions globally.
Read Full Article
22 Likes
TheStartupMag
3w
438
Image Credit: TheStartupMag
How to Find a Property Owner by Map for Legal Purposes
- Navigating property ownership can be quite tricky, especially when legal issues arise.
- Using mapping tools on the internet, such as satellite images and property boundaries, can help identify property owners.
- Local assessor websites offer real estate records search options to find property ownership information.
- Engaging with a title company or accessing public records can provide comprehensive and legally valid property ownership information.
Read Full Article
26 Likes
Inc42
3w
283
Image Credit: Inc42
Meet The 14 Startups From Peak XV’s ‘Surge 10’
- Peak XV Partners has announced the list of the startups selected for the 10th cohort of Surge, the venture capital firm’s seed stage platform to back early stage startups.
- 14 startups have been selected under this cohort and each startup can receive up to $3 Mn in seed funding. The cohort focuses on sectors such as AI, developer tools, consumer brands, next-generation fintech, and healthcare.
- The founders of the selected startups will receive full-stack support and dedicated partnership from the Surge investment team and the operating team, including hiring, product, tech and marketing.
- Peak XV has supported over 140 startups via the Surge programme. Scaler Academy, Khatabook, Log9 Materials and Plum are among some of the popular startups from the past cohorts.
- The Surge 10 programme will run from October 2024 to February 2025, featuring a mix of in-person and online sessions and events focused on founder development, go-to-market strategies, product, sales refinement, brand building and more.
- Overall, Peak XV is a prominent investor in the Indian startup ecosystem and now they have selected startups from various countries like Singapore, the Philippines, China, the UAE, Australia, the UK, and the US.
- Speaking about the new cohort, Peak XV MD Rajan Anandan highlighted the focus on AI and said that all six startups selected for Surge 10 are AI application companies.
- The programme has selected an offline healthcare company for the first time. Both in terms of geography and sectors, this is the most diverse cohort.
- Selected startups based in India are Ambak, Brainfish, The Health Factory, OrbitShift, SalarySe, Tailcall, Wobot, and a specialty healthcare startup operating in stealth mode.
- Selected startups based outside India are Amaani, Auquan, Clout Kitchen, Dezy, Dubbing.ai, and Parseable.
Read Full Article
17 Likes
Insider
3w
633
Image Credit: Insider
Ex-Twitter CEO Parag Agrawal has moved his AI startup out of stealth, calling it Parallel
- Parag Agrawal, former CEO of Twitter, has revealed the name of his AI startup: Parallel Web Systems.
- The startup, based in Palo Alto, California, has raised around $30 million in funding and is building an API for AIs using web data.
- Parallel's website states that it aims to develop systems for advanced AIs to work with the web, predicting that AI usage on the web will increase significantly.
- Agrawal was fired by Elon Musk following Musk's acquisition of Twitter, and he, along with other former Twitter executives, filed a $128 million lawsuit against Musk.
Read Full Article
5 Likes
Inc42
3w
659
Image Credit: Inc42
PhonePe Sees 158X Jump In Monthly Transactions Over 6 Years
- PhonePe has experienced a remarkable 158X growth in monthly transactions between March 2018 and March 2024.
- The total value of transactions processed per month has increased by 151X, reaching INR 10.47 Lakh Cr in March 2024.
- PhonePe has over 53 Cr registered users and 20 Cr monthly active customers as of March 2024.
- The company has achieved automation and efficiency by reducing its customer service team by 60% and increasing AI-driven chatbot resolutions to over 90%.
Read Full Article
8 Likes
Inc42
3w
895
Image Credit: Inc42
Prosus Expects More IPOs From Its India Portfolio
- Prosus, one of the most active investors in the Indian startup ecosystem, expects more IPOs from its India portfolio.
- Prosus CEO, Fabricio Bloisi, expressed excitement about the prospects in India and mentioned that more investments in India are expected to go public in the coming months.
- Prosus is now valued around $100 Bn and aims to create another $100 Bn of value in its ecosystem.
- Prosus has invested over $7 Bn in Indian startups so far, including companies like Swiggy, Meesho, PharmEasy, and Urban Company.
Read Full Article
20 Likes
ISN
3w
714
Image Credit: ISN
Honasa consumer appoints Kaustav Guha as VP of research & development
- Honasa Consumer appoints Kaustav Guha as Vice President of Research & Development (R&D).
- Guha's role will focus on advancing product formulations and exploring sustainable and clean beauty technologies.
- His efforts will be aimed at meeting the evolving needs of consumers with natural, sustainable, and high-quality beauty and personal care products.
- Honasa Consumer recently expanded its R&D capabilities through the acquisition of CosmoGenesis Labs, strengthening its focus on natural and organic formulations.
Read Full Article
7 Likes
ISN
3w
818
Image Credit: ISN
BharatPe partners with NASSCOM Foundation to support women entrepreneurs in Maharashtra
- Fintech unicorn BharatPe partners with NASSCOM Foundation to support 1,500 women entrepreneurs across Maharashtra.
- The collaboration aims to formalize businesses run by rural women and provide them with the necessary tools and resources for growth.
- The program targets six districts in Maharashtra, helping women entrepreneurs with business registrations and licenses.
- It also offers comprehensive training and market linkages, empowering women through financial inclusion and creating sustainable livelihoods.
Read Full Article
13 Likes
For uninterrupted reading, download the app