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Gritdaily
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How Mentorship Programs Are Empowering Women in Tech
- Mentorship programs are empowering women in the tech industry by creating opportunities and addressing gender disparity.
- Mentors play a crucial role in building confidence and skills for women entering the tech industry.
- Women are making strides in software development, particularly in areas like online betting app development.
- Mentorship programs help women break into coding and software development by providing guidance and networking opportunities.
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VIE Stories
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[Funding News] AI Startup Neysa Secures $30 Mn Funding Led by NTTVC, Others
- AI startup Neysa has raised $30 million in a funding round led by NTTVC, Z47, and Nexus Venture Partners.
- The funding will be used to expand infrastructure and support R&D to democratize access to scalable AI solutions.
- Neysa offers generative AI platforms and services to help customers manage their AI projects with security.
- The company plans to target overseas markets, including the US, Europe, Japan, and the Middle East.
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Gritdaily
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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.
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Medium
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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.
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Inc42
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4
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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.
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Yourstory
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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.
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StartupDaily
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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.
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ISN
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75
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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.
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Inc42
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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.
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Inc42
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371
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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.
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TheStartupMag
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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.
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Inc42
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283
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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.
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Insider
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633
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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.
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Inc42
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659
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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%.
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Inc42
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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.
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