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Startup News
Yourstory
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372
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Niva Bupa Health Insurance, Paras Healthcare get SEBI nod to float IPOs
- Niva Bupa Health Insurance and Paras Healthcare have received SEBI nod to float IPOs.
- Niva Bupa aims to raise Rs 3,000 crore through fresh issuance of equity shares and OFS.
- Paras Healthcare plans to raise Rs 400 crore through fresh issuance of equity shares, with an OFS component.
- Proceeds from Niva Bupa's IPO will be used to strengthen solvency levels and for general corporate purposes, while Paras Healthcare intends to use the funds for debt payment and general corporate purposes.
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SiliconCanals
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336
Image Credit: SiliconCanals
UK’s Oriole Networks secures €20.2M to train LLMs with light while using significantly less energy
- London-based Oriole Networks has secured €20.2M in funding to support the scaling of its AI optimization technology.
- The funding round was led by Plural, with participation from existing investors, including UCL Technology Fund, XTX Ventures, Clean Growth Fund, and Dorilton Ventures.
- Oriole Networks has developed a method of using light to connect AI chips, enabling faster training of Large Language Models with lower latency and energy consumption.
- The company aims to enhance energy efficiency in data centers and alleviate the strain on energy grids by increasing data transfer speeds while reducing power use.
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VIE Stories
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Image Credit: VIE Stories
Types of Franchise Business Models – COFO, FOCO, FOFO
- Franchising is a business model where a franchisor allows a franchisee to run a business using their brand.
- There are three types of franchise business models: COFO, FOCO, and FOFO.
- COFO (Company Owned Franchise Operated) model involves the company investing in the business while the franchisee operates it.
- FOCO (Franchise Owned Company Operated) model is where the franchisee owns the property, and the franchising company manages the operation.
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TechBullion
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Image Credit: TechBullion
SOC 2 Compliance for SaaS Startups: How It Can Help You Scale
- SOC 2 compliance is vital for SaaS startups with fast-growing business and data security demands.
- It is an independent audit that evaluates how companies safeguard customer information with 5 key pillars.
- SOC 2 compliance is particularly essential for regulated industries to avoid losing out on contracts.
- It comes in two flavors- Type I and Type II - offering greater assurance that security practices are consistent and reliable over time.
- EasyAudit drastically cuts costs to transition from Type I to Type II report with AI-generated custom security controls.
- The platform automates evidence collection, documentation, and control implementation, speeding up audit preparation.
- EasyAudit helps with ongoing monitoring and automates tasks, allowing SaaS startups to focus on scaling their business.
- According to McKinsey, 87% of companies would not do business with a company that doesn’t meet their data privacy requirements.
- SOC 2 compliance isn’t just for demonstration, it’s often a dealbreaker when negotiating contracts with enterprise clients.
- Startups should think about SOC 2 compliance as soon as they handle sensitive client data or target enterprise customers.
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Inc42
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1.1k
Image Credit: Inc42
Meesho Courts D2C Brands: Will It Be Match Made In Heaven?
- At the recent D2C Summit, Future Group's founder praised Meesho's impressive growth, positioning it alongside giants like Amazon and Flipkart.
- The SoftBank-backed platform, known for its zero-commission model, is shifting focus to branded products through its revamped Meesho Mall. It has partnered with over 1,000 brands and targets consumers in Tier 2 and 3 cities.
- While profitability was claimed in July 2023, its continued success hinges on competitive pricing and logistics efficiency. Analysts suggest Meesho could adopt strategies like acquisitions and private labels, similar to Zudio, to enhance its offerings and maintain growth in the competitive e-commerce landscape.
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Siliconcanals
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234
Image Credit: Siliconcanals
Finland’s DataCrunch bags €12M to provide affordable AI computing infrastructure
- Helsinki-based DataCrunch has raised €12M ($13M) in a seed funding round led by byFounders.
- The funds will be used to scale infrastructure as DataCrunch aims to become Europe's first hyperscaler.
- DataCrunch plans to expand its team and services to meet growing demand in Europe and beyond.
- The company offers cost-effective cloud GPU solutions for AI training and interference.
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VIE Stories
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Image Credit: VIE Stories
[Funding News] Mobility Startup Advance Mobility Raises $3 Mn in Funding
- Advance Mobility, a mobility startup, has raised $3 million in funding.
- The funding round included investors such as Finvolve and India Accelerator.
- Advance Mobility plans to use the funds to increase operational scale and expand its presence.
- The startup, founded in 2023 by Mohit Jalan, provides sustainable solutions for the mobility industry.
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AllTopStartups
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412
Image Credit: AllTopStartups
What is a Video Wall? Benefits and Applications Explained
- Video walls are large-scale displays that deliver content in high-definition, seamless, and immersive ways. They are made using multiple displays that come together to form one massive screen.
- Video Walls are of three types: LCD video walls, LED video walls, and projection cubes. Each type has its advantages, depending on intended use and environment.
- Benefits of video walls include high-resolution content, improved viewer engagement, and multi-source visualizations, to name a few.
- Their flexibility and scalability makes them suitable for diverse areas of application ranging from retail, advertising, corporate, education, command, and control centers, healthcare, entertainment, and events.
- To make the most of video walls, it is essential to consider content strategy, software integration, and ongoing maintenance.
- Video walls represent a crucial element for creating powerful visual displays that capture attention and provide immersive experiences.
- As technology continues to evolve, video walls stand to play a more significant role in how organizations communicate and visualize information.
- Video walls are popular for their reliability, seamless screens, and the ability to display complex and detailed visuals without compromizing on image quality.
- Whether it's in a corporate boardroom or a shopping mall, video walls capture attention, improve viewer engagement, and offer endless possibilities for relaying content in incredible ways.
- The enduring impact of video walls lies in their ability to provide real-time information in a visually impactful way. This makes them integral tools across many sectors today.
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Startupreporter
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39
Now Is the Time to Think About Your Small-Business Success
- Find people with high expectations and a low tolerance for excuses.
- Be fearless in front of them with your ideas as many times as they’ll let you.
- Beauty Dust is a product that claims to enhance beauty through alchemizing elements known for their youth-preserving qualities.
- Badger Beard Balm is a product designed to keep beards healthy, thicker, and cleaner.
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2 Likes
Startupreporter
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Program Will Lend $10M to Detroit Minority Businesses
- A program will lend $10 million to Detroit minority businesses.
- The program aims to support minority-owned businesses in the city and help them grow.
- The funds will be provided through a partnership between local community organizations and financial institutions.
- This initiative is expected to contribute to the economic development and empowerment of minority entrepreneurs in Detroit.
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Startupreporter
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Kansas City Has a Massive Array of Big National Companies
- People with high expectations and low tolerance for excuses are valuable in relationships.
- Beauty Dust is a product that claims to enhance beauty through alchemizing elements known for their youth-preserving qualities.
- The author questions the believability of wellness claims and ponders if eating something affects one's perception of its effectiveness.
- Badger Beard Balm and Beard Buddy products are recommended for maintaining healthy beards.
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3 Likes
Startupreporter
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Olimpic Athlete Reads Donald Trump’s Mean Tweets on Kimmel
- Olympic athlete reads mean tweets about Donald Trump on Jimmy Kimmel show.
- Beauty Dust is a product that claims to enhance beauty through alchemizing elements known for their youth preserving qualities.
- The author discusses their thoughts on using Beauty Dust and the question it poses about the believability of wellness claims.
- Badger Beard Balm and Beard Buddy's Beard Wash are recommended products for maintaining and caring for beards.
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9 Likes
Startupreporter
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The Definitive Guide To Marketing Your Business On Instagram
- Find people with high expectations and a low tolerance for excuses.
- Beauty Dust is an ancient formula for holistic beauty.
- The wellness category raises questions about belief in product claims.
- Badger Beard Balm and Beard Wash are popular grooming products.
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Startupreporter
4w
239
How Mary Reagan Gave Glamour and Class to the Elites Society
- Mary Reagan brought glamour and class to the elite society.
- Expanding beauty is the aim of the ancient empiric formula called Beauty Dust.
- The unique texture of the pigments and oils in the makeup products ensures long-lasting wear.
- Beard Buddy offers organic products for beard care, including Beard Wash.
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14 Likes
Startupreporter
4w
128
Entrepreneurial Advertising: The Future Of Marketing
- Entrepreneurial Advertising: The Future Of Marketing
- Find people with high expectations and a low tolerance for excuses.
- Beauty Dust is an ancient empiric formula for enhancing beauty from the inside out.
- Badger Beard Balm is a product for maintaining healthy and clean beards.
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7 Likes
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