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Ex-Paytm COO Bhavesh Gupta joins Shark Tank India–featured Primebook’s advisory board
- Former Paytm COO Bhavesh Gupta and Tathagata Ray have joined Primebook India's advisory board and as Head of Content respectively.
- Primebook India raised $2 million in a pre-Series A funding round and secured Rs 75 lakh funding from Shark Tank India judges earlier.
- Bhavesh Gupta's extensive experience in financial services and fintech will contribute to the growth of Primebook India's advisory board.
- Tathagata Ray, with over 15 years in creativity and advertising, will lead brand development and creative strategy at Primebook India.
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Npengage
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How WSU Tech Reignited a Culture of Giving with Their 2024 Employee Donor Campaign
- WSU Tech employees play a crucial role in supporting student success through their dedication to technical education and workforce development.
- Employee giving at WSU Tech Foundation has made employees the largest group of individual donors, showcasing a legacy of giving.
- The foundation experienced a decline in donor participation post-2019, leading to a strategic shift in focus towards employee engagement.
- In 2024, WSU Tech Foundation aimed to reignite a culture of giving among employees by prioritizing storytelling, transparency, and interactive engagement.
- Strategies for the 2024 campaign included sharing student success stories, personal thank-you moments, and monthly giveaways to enhance employee engagement.
- The creation of the Employee Hardship Fund in 2024 received positive response, showcasing employee support for both students and colleagues facing financial challenges.
- The campaign resulted in a 21% increase in employee donors and a 15% boost in funds raised, fostering a sense of community and shared purpose.
- WSU Tech employees demonstrated their dedication to student success by volunteering time, expertise, and financial resources to advance the college's mission.
- The success of the 2024 campaign has carried into 2025, with increasing employee engagement in events like Pull a Plane for Education, highlighting a growing culture of giving.
- WSU Tech Foundation's mission of empowering students and removing financial barriers is strongly supported by dedicated employees who champion student success.
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Eu-Startups
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Paris-based kyron.bio secures €5.5 million to tackle drug efficiency and safety
- Paris-based kyron.bio secures €5.5 million Seed funding to address drug efficacy and safety concerns related to glycan control in drug development.
- HCVC led the funding round with participation from Verve Ventures, Entrepreneur First, Saras Capital, and other angel investors.
- kyron.bio aims to utilize precision glycosylation in drug design, leveraging proprietary technology for better antibody therapeutics in various diseases.
- The funding will be used to advance kyron.bio's glycan-engineering platform, expand the team, and support preclinical studies.
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Gritdaily
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Jeeva AI’s Gaurav Bhattacharya Is Building the Sales Agent of the Future
- Gaurav Bhattacharya, co-founder and CEO of Jeeva AI, is revolutionizing sales enablement by creating intelligent agents that handle tasks most salespeople dislike.
- Jeeva AI functions as a sales copilot, automating lead generation, personalizing outreach, and automating follow-ups, allowing human sellers to focus on meaningful interactions.
- The platform's success lies in collapsing traditional sales roles by leveraging AI to empower lean teams to operate with greater efficiency and effectiveness.
- Jeeva AI's adoption is rapidly growing among mid-sized companies without fancy marketing or enterprise sales strategies, offering outcome-based pricing where clients pay only for booked meetings.
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Inc42
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NCLT Dismisses Insolvency Plea Against Dunzo
- The NCLT has dismissed an insolvency plea against Dunzo filed by Invoice Discounters of Dunzo Digital Pvt Ltd.
- Dunzo sought more time for settlement talks, but the talks fell apart, leading to the dismissal of their right to reply.
- Several vendors had also filed insolvency against Dunzo for pending dues, with the startup owing around INR 11.4 Cr collectively.
- Founded in 2015, Dunzo faced financial challenges, saw a sharp increase in cash burn, explored selling options, and eventually ceased its operations before its CEO joined Flipkart.
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ISN
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Cricket legend Virat Kohli joins The World Bowling League as a strategic investor
- Indian cricket star Virat Kohli has joined The World Bowling League as a strategic investor to help reposition bowling as a mainstream spectator sport.
- The WBL, founded by Adi K. Mishra, aims to transform bowling with innovative formats, iconic venues, and cutting-edge technology to elevate the sport globally.
- Kohli's involvement adds significant visibility to the league, given his immense social media following of over 270 million, making him one of the most influential athletes worldwide.
- Adi K. Mishra expressed excitement about Kohli's partnership and shared his vision to redefine bowling, highlighting the intricate challenges and global potential of the sport.
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AllTopStartups
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The Most Common Accounting Pitfalls SMEs Make
- Accounting can be challenging for small businesses due to time constraints, lack of knowledge, and complexity.
- Nottingham Accountants Archimedia Accounts have analyzed common accounting mistakes made by SMEs.
- Common pitfalls include lack of backup systems, incomplete accounting methods, and mixing personal and business finances.
- Implementing the 3-2-1 backup rule and transitioning to accrual accounting with double-entry bookkeeping can improve financial reporting.
- Separating personal and business expenses, setting up a business account, and creating a budget are crucial for financial transparency.
- Budgeting and forecasting are essential for strategic resource allocation, cost control, and financial preparedness.
- Tax obligations should not be overlooked; setting money aside for taxes and working with accountants to estimate liabilities are recommended.
- Delayed or incorrect invoicing can harm client trust and financial forecasting, emphasizing the need for consistent processing and accuracy.
- Cloud-based accounting software and regular check-ins with accountants can help small businesses avoid costly accounting errors.
- Choosing appropriate accounting methods and standards is crucial for accurate and transparent financial reporting.
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Inc42
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Glance AI Looks To Usher In Aspirational Ecommerce; Will AI Shopping Take Off?
- Glance AI is aiming to revolutionize ecommerce by introducing aspiration-led shopping experiences through AI technology.
- The platform leverages generative AI (GenAI) to enhance how consumers discover and purchase products, emphasizing personalization and visualization.
- Glance AI targets the burgeoning middle-class market in Tier II, III, and IV cities in India, with plans for global expansion.
- The app enables users to virtually try on outfits, generate AI avatars, and seamlessly transition from virtual to real purchases, incorporating an inspirational aspect into the shopping journey.
- Partnered with various brands and manufacturers, Glance AI integrates deep AI layers for commerce, user experience, and transactions to facilitate a streamlined shopping process.
- Despite its partnership with Google Gemini, Glance AI emphasizes its predictive and personalized approach over reactive solutions like Google's 'Try On' feature.
- The company envisions further collaborations with OEMs, expansion into new product categories, and hyperpersonalization enhancements to drive sales and user engagement.
- Concerns regarding environmental sustainability and data privacy accompany the rise of AI-powered ecommerce, with the company addressing the need for responsible consumption and data protection.
- Glance AI's foray into aspirational ecommerce marks a significant shift in consumer engagement, but the landscape remains competitive and evolving as other players may enter the AI-driven shopping arena.
- The platform's innovative approach towards AI-led commerce sets the stage for potential growth and market leadership, setting the tone for the future of personalized online shopping experiences.
- As Glance AI navigates the dynamic ecommerce sector, balancing technological advancements with ethical considerations will be crucial for its sustained success and market differentiation.
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ISN
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Celebrity makeup artist-founded beauty brand Simply Nam raises funding from Bhaane Group
- Celebrity makeup artist Namrata Soni and serial entrepreneur Hanna Strömgren Khan's beauty brand Simply Nam has raised an undisclosed amount in funding from the Bhaane Group, led by Sonam Kapoor’s husband, Anand S. Ahuja.
- Founded in 2020, Simply Nam is India’s first celebrity makeup artist-owned beauty brand focusing on professional-grade products for Indian skin tones.
- The brand witnessed significant growth, doubling its customer base in the last year, maintaining an average monthly recurring revenue of Rs 2 Crore, and scaling rapidly across digital platforms.
- The funding will be utilized to expand product offerings, enhance educational content, and strengthen the brand's presence across various channels in the country.
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Medium
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The First Step is Having Conversations at the Office Pantry
- Following the Challenge-Based Learning framework, a team tackled the task of improving a manual collab space booking system.
- Initially skipping steps, they explored Apple Frameworks and realized the need to understand the deeper problem.
- Discovering the manual booking system's inefficiencies, they refined their challenge statement.
- Realizing the importance of understanding user habits, they envisioned CoBo, a digital booking solution.
- CoBo aimed to simplify booking processes and ensure timely check-ins through QR codes.
- The team transitioned to prototyping, focusing on a streamlined user experience with input from mentors.
- Insights from a design mentor led to simplifying the booking and check-in flows, enhancing user experience.
- Embracing good copywriting and physical testing, they reduced steps, leading to a more efficient design.
- Coding efforts involved implementing MVC architecture, CoreImage for QR codes, and SwiftData for data storage.
- The journey underscored the importance of understanding user needs and behaviors for impactful product development.
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Medium
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Strange thing — the inner voice.
- The startup world is similar to the gold rush era, but with the fundamental difference of venture capital playing a crucial role.
- Dumb money in the startup ecosystem is shaping the game with a risk-averse, short-term, and spreadsheet-driven approach, impacting the true essence of entrepreneurship.
- Founders are now focusing more on raising funds rather than building something substantial, leading to an inflation of the term 'startup'.
- The excessive influx of dumb money has made it difficult for real entrepreneurs to thrive, emphasizing the importance of real knowledge, persistence, and a tangible product.
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ISN
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ex-ISRO Scientist-founded spacetech startup Orbitt Space raises $1 million in funding
- Ahmedabad-based spacetech startup Orbitt Space has secured $1 million in a pre-Seed funding round led by pi Ventures, with IIMA Ventures participating.
- Orbitt Space, founded by Christopher Parmar and Anupam Kumar, is focusing on developing an Air-breathing Electric propulsion system for Ultra Low Earth Orbit (ULEO) below 250 km altitude.
- The funding will be utilized to expedite the development of Orbitt's proprietary electric propulsion technology, hire skilled personnel, and commence testing of its first prototype.
- Orbitt aims to enable sustainable satellite operations in ULEO, offering benefits such as debris-free operations, sharper imaging, reduced signal latency, and radiation protection.
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TechCrunch
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Litehaus raises €1.46M pre-seed to build home-building platform
- Thibault Launay and Simi Launay faced challenges in the home-building process, leading to the creation of Litehaus to assist landowners and property developers.
- Litehaus acts as a platform connecting various professionals involved in home construction, aiming for efficiency and affordability in the building process.
- The company focuses on modular construction, promising cost savings, faster completion, and greater sustainability compared to traditional methods.
- Litehaus recently secured a €1.46 million pre-seed funding round co-led by Cornerstone VC and Explorer Fund, with plans for expansion.
- The European construction industry seeks more innovation and catching up with the advancements seen in America's construction technology sector.
- Investors see the potential in Litehaus to address the housing shortage crisis in Europe by introducing transparency, sustainability, and trust to the construction process.
- Thibault and Simi Launay's fundraising efforts have been intensive, leveraging their backgrounds in entrepreneurship, investing, and strategic consulting.
- Simi focuses on marketing and design at Litehaus, while Thibault handles fundraising, business development, and technology.
- The company plans to use the funding for scaling up operations, hiring talent, and further developing its platform to support more users.
- Litehaus aims to address the delays and challenges faced in home construction projects, with Thibault and Simi's personal experience shaping the company's mission.
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Economic Times
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Agritech startup GROWiT raises $3 million in funding round led by GVFL
- Agritech startup GROWiT India raised $3 million in a funding round led by GVFL.
- Other participants in the funding round included Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels.
- The funds will be used for aggressive expansion, enhancing R&D capabilities, and strengthening technology infrastructure to serve farmers effectively.
- GROWiT aims to leverage technology to address challenges posed by climate change in the agriculture sector and transform farming practices for increased yields and sustainability.
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Startup Pedia
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‘India’s biggest brain drain isn’t to Silicon Valley, it’s to the scroll’: Anupam Mittal
- Anupam Mittal shared a post on LinkedIn addressing the impact of mindless scrolling on creativity, especially among children and adults.
- Mittal believes that India's biggest brain drain is not to Silicon Valley but to the scroll, referring to the addictive nature of technology and social media.
- He expressed concerns about children being overstimulated by technology and adults passively consuming shallow content, leading to a generation that is more focused on scrolling than on activities like playing, talking, or thinking.
- Mittal emphasized the need to address this issue and urged parents, professionals, educators, and entrepreneurs to consider how to ensure that individuals do not lose their ability to 'look up' amidst constant digital stimulation.
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