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Startup News
Medium
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Joyce Shen’s picks: musings and readings in AI/ML, October 21, 2024
- Former OpenAI technology chief, Mira Murati, is planning to raise capital for a new AI startup.
- Artificial Intelligence has the potential to make markets more efficient but also more volatile.
- A machine-learning system has been developed to detect dark vessels faster by The European Space Agency.
- Exposure to AI-generated child sexual abuse content is increasing, warns the IWF.
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ISN
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IndiaMART's revenue rises 18% to Rs 348 crore in Q2FY25; net profit stood at Rs 135 crore
- IndiaMART InterMESH Limited reported consolidated revenue of Rs 348 crore for Q2FY25, marking an 18% YoY growth.
- Net profit for the quarter stood at Rs 135 crore with a margin of 33%.
- Standalone revenue increased to Rs 332 crore, representing an 18% growth.
- IndiaMART registered 28 million unique business enquiries and 8 million supplier storefronts in Q2FY25.
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Economic Times
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PB Fintech secures account aggregator licence from RBI
- PB Fintech has secured the non-banking finance company-account aggregator (NBFC-AA) licence from the RBI.
- The licence will be operated by its subsidiary entity PB Financial Account Aggregator.
- PB Fintech received the certificate of registration on October 21.
- The licence will assist Paisabazaar in accessing financial data of customers.
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Inc42
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Ola Electric Responds To CCPA Show Cause Notice
- Ola Electric has responded to the show cause notice issued by the Central Consumer Protection Authority (CCPA) over alleged violation of consumer rights.
- The company has provided the requested information and clarifications to CCPA.
- Ola Electric claims to have a robust mechanism to address and resolve customer complaints.
- The company is facing intense competition and its monthly registrations have declined.
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Hackernoon
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323
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Startups of The Year: How to Nominate
- To nominate for Startups of The Year, visit the website and choose the region or industry.
- Click on 'Nominate Startup' and fill out the form to submit your nomination.
- Nominations close on October 31st, 2024.
- Spread the word and encourage others to participate in the nominations and voting.
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Gritdaily
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Kim Waters: The Georgia Realtor Viewing Properties From the Skies
- Kim Waters, a licensed Realtor and private pilot, is transforming how buyers and sellers approach real estate in Northeast Georgia.
- With her passion for flying and extensive knowledge of the area, Kim offers clients aerial tours to showcase properties from a unique perspective.
- With over three decades of experience, Kim specializes in residential, acreage, and luxury estate homes in sought-after areas of Northeast Georgia.
- Kim's commitment to service, marketing skills, and deep community connections make her a top real estate agent in Georgia.
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TechCrunch
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Daze, a creative, AI-powered messaging app for Gen Z, is blowing up prelaunch
- Daze, a messaging app for Gen Z, is gaining popularity prelaunch.
- The app has generated around 48 million combined views across TikTok and Instagram.
- Daze offers a freestyle messaging experience with customizable fonts, styles, graphics, and more.
- The app has raised $5.7 million in funding and is scheduled to launch on November 4.
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Hackernoon
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Meet Bunnyshell, Startups of the Year 2024 Nominee
- Bunnyshell has been nominated in HackerNoon's annual Startups of The Year awards as one of the best startups in North America.
- Bunnyshell is focused on speed and efficiency in development, providing a platform that enables teams to test, iterate, and deploy faster than ever before.
- By staying close to their users, Bunnyshell has developed a platform that solves real, tangible problems and changes the speed and capability of development teams.
- Bunnyshell has achieved milestones and is being used by large-scale engineering teams and popular open-source projects, proving its adaptability and value.
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Pymnts
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The Payment Professional’s Guide to Stablecoins
- The stablecoin market is valued at over $170 billion, and the recent acquisition of Bridge by Stripe for $1.1 billion highlights the increasing interest in stablecoins within the payments sector.
- Stablecoins, designed to maintain a stable value by being pegged to a reserve asset, are bridging the gap between traditional FinTech and cryptocurrencies by offering efficiency, transparency, and stability.
- Stablecoins have the potential to optimize cross-border payments and provide alternative payment solutions, attracting interest from major players like BVNK, PayPal, Visa, and Coinbase.
- The choice of stablecoin depends on specific use cases and regulatory adherence, with USD Coin (USDC) finding wider acceptance among institutions for payments and remittances.
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TechCrunch
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Shobizzy, a networking app for the TV industry, aims to open new doors for freelancers
- Shobizzy is a networking app for the entertainment industry that aims to address the unemployment crisis faced by freelancers in Hollywood.
- The app allows users to create public profiles showcasing their skills and expertise, while forming valuable connections in the industry.
- Shobizzy expanded its offering to include opportunities in live events and content creation to help freelancers broaden their horizons.
- The app also added new functionality to streamline the hiring process for production companies and has gained attention from major companies in the industry.
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Medium
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Keeping Investors in the Loop: The Key to Building Trust for Long-Term Success
- Transparency is the best way to build trust with investors, according to Tom Lazay, co-founder at Companyon Ventures.
- Founders should regularly update investors, even if they are not actively involved in the company.
- Keeping investors in the loop shows progress and strengthens the connection.
- Knowify, a construction SaaS startup, maintained communication with Companyon Ventures despite initial seed funding rejection.
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TechCrunch
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TechCrunch Disrupt 2024 Side Events schedule: Mercury, JETRO, Enterprise Ireland, and more to host
- TechCrunch Disrupt 2024 Side Events schedule has been announced which is set to amplify the excitement for attendees and Silicon Valley residents.
- Disrupt Week — spanning October 26 to November 1 — features an exciting mix of Side Events happening across San Francisco.
- Each event is organized and operated solely by a host and attendance is 18+ minimum.
- The schedule includes events such as morning runs, happy hours, and insightful discussions, each one organized by a different host.
- The events have been organized by a diverse collection of innovative companies such as Founders Running Club, KhwajaLabs, Llama Lounge, and Women in Tech.
- The Side Events are open to the public unless specified and attendees must RSVP for the events they want to attend.
- The events range from AI run, meetups, parties, seminars, networking sessions and more.
- Some of the events are focused on specific topics like climate tech, construction tech, health tech and well, tech, while others simply encourage networking and socializing.
- Investor talks, happy hours and pitch and drink events are some other interesting events organized for attendees.
- The events offer a great opportunity for attendees to network and connect with like-minded individuals while maintaining a comfortable pace for conversation.
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Economic Times
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Honasa Consumer appoints Kaustav Guha as vice president, R&D
- Honasa Consumer has appointed Kaustav Guha as vice president of research & development to strengthen its R&D capabilities.
- Guha will lead R&D initiatives and product formulations across Honasa's brands including Mamaearth and Aqualogica.
- The appointment comes after Honasa's acquisition of CosmoGenesis Labs to enhance its research capabilities.
- The move aims to address negative consumer feedback regarding the quality of Mamaearth's products.
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Yourstory
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Did Remo D'Souza, wife commit Rs 12 Cr fraud? Choreographer says "disheartened"
- Choreographer Remo D'Souza and his wife Lizelle have responded to accusations of allegedly duping a dance troupe of Rs 11.96 crore.
- The couple issued a statement on Instagram, urging everyone to refrain from spreading rumors before verifying the facts.
- They have been booked under sections 465 (forgery) and 420 (cheating) of the Indian Penal Code based on a complaint by a 26-year-old dancer.
- Remo D'Souza, known for his work in Bollywood, has been a judge on various reality TV shows and has directed movies as well.
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Inkbotdesign
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Canon Logo Design History: Mastering a Brand Evolution
- Canon's logo evolution mirrors its journey from a small camera company to a global tech giant, with the most distinctive feature being its unique slanted 'C'. The bold, sans-serif font of the Canon logo portrays confidence and modernity while adding a sense of uniqueness and dynamism. Lessons for a timeless logo include starting with strong brand values, selecting an easy-to-read and memorable font that aligns with brand values, using colour psychology to convey the right message, and finding an element that makes the logo uniquely yours. Canon's logo is powerful in building brand recognition through consistency and simplicity while the memorability, versatility and timelessness help build trust with consumers. A simple, memorable logo is a significant asset in this world, where we're bombarded daily with thousands of brand messages. Adaptability, authenticity, and the growing emphasis on sustainability and social responsibility will also impact how brands present themselves.
- Canon's logo has undergone minor tweaks to its basic design since 1956, with consistency being key to building brand recognition. Every element of a logo should have a purpose, and a strong design should be able to endure with minor tweaks. A logo is more than just a symbol; it can become an icon with careful thought and strategic evolution. Taking inspiration from Canon's journey, startups and established businesses can craft logos and brand identities that stand the test of time.
- Start with strong brand values, seek simplicity, test in various contexts for versatility and memorability, seek feedback, aim for timelessness, design with digital in mind and be authentic in communicating your brand values. Gradual evolution often works better than complete overhauls, and unique logos are worth the investment. A professional can bring design principles and brand strategy to the project, and consistency in branding is essential.
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