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Gritdaily
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Rumpa Amornmarn, MD, Has Been Inducted Into the Marquis Who’s Who Biographical Registry
- Dr. Rumpa Amornmarn, a distinguished radiotherapy and cancer treatment expert, has been inducted into the Marquis Who’s Who biographical registry.
- Dr. Amornmarn has over 40 years of excellence in radiotherapy and cancer treatment, with a focus on improving cancer treatment through innovative radiation therapies.
- She has held various positions at prestigious medical centers and is an active member of prominent medical organizations.
- Under her guidance, the Osceola Cancer Center has introduced advanced treatments that have transformed the environment of cancer care.
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Inc42
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Centre To Roll Out Policy For Gig Workers’ Social Security Soon
- The labour and employment ministry is working on a framework for social security of gig workers to be rolled out next year.
- The ministry will introduce a module on the e-Shram portal for businesses and aggregators to register their workers.
- Options are being explored to issue a unique identification to gig workers for better identification and tracking.
- Aggregators will be asked to make transaction-based contributions towards social security benefits for gig workers such as health and pension security.
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Yourstory
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8i Ventures exits M2P Fintech with 12x returns
- 8i Ventures has exited M2P Fintech with a 12x return on investment.
- The venture capital firm initially invested Rs 9.7 crore in early 2020 and realized a return of Rs 115.9 crore.
- M2P Fintech, valued at $9 million when invested, is now valued at around $600 million.
- 8i Ventures is in the process of raising a second fund of $50 million.
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VIE Stories
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[Funding News] Slice Secures $8.6 Million from founder & CEO Rajan Bajaj
- Slice, the Bengaluru-based financial unicorn, has secured $8.6 million in funding from its CEO and founder, Rajan Bajaj.
- The funding was raised through partially paid-up shares, with the issuance of 22,000 equity shares at a cost of Rs 32,606 per share.
- The investment will be made in tranches with a general corporate purpose, supporting Slice's growth and operational objectives.
- Slice offers physical and virtual cards to millennials, simplifying online purchases and boosting credit scores.
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Yourstory
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Bouncing back: How to restart after business failure
- Failure isn’t final—it’s part of the journey.
- Accept the failure and reflect on it.
- Analyse your market and identify opportunities.
- Rebuild your network and seek support.
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TechUniverses
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The Essential Role of Server Racks in Modern IT Infrastructure
- Server racks play a vital role in modern IT infrastructure by providing a physical framework for storing and organizing servers and networking hardware.
- Server racks help optimize space by allowing for vertical stacking of equipment, maximizing limited physical space.
- They improve organization by centralizing equipment and offering easy access for maintenance and troubleshooting. Cable management features help keep cables neat and minimize the risk of disconnections.
- Server racks also contribute to cooling, security, power management, and durability of IT equipment, making them essential in data centers and server rooms.
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Yourstory
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6 Famous companies that started with different names
- Google: Started as Backrub, changed to Google for simplicity and catchiness.
- PepsiCo: Originally called Brad's Drink, rebranded to Pepsi to enhance recognition and memorability.
- Blackberry: Formerly known as Research In Motion (RIM), chose Blackberry to align with its flagship product.
- Volkswagen: Simplified the name from Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH to Volkswagen, emphasizing clarity and ease of recognition.
- Sony: Adopted the name Sony to resonate globally and appeal to international markets.
- IBM: Changed from Computing-Tabulating-Recording Company (CTR) to International Business Machines (IBM) to align with its ambitious purpose.
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VIE Stories
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[Funding News] Suraasa Secures $6 Million To Upskill Teachers For Global Opportunities
- Suraasa has secured $6 million in funding led by Reach Capital.
- The funds will be used to enhance Suraasa's objective of improving teacher quality and global mobility.
- Suraasa provides competency-based skilling programs for teachers to excel in classrooms across borders.
- Previously, Suraasa had raised $1.2 million in funding from various investors.
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StartupDaily
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Steam Deck stole the PAX limelight as Sony and Nintendo went AWOL
- The US gaming company, Steam, launched the Steam Deck in Australia by setting up a kiosk at PAX for attendees to try out its new consoles, both the OLED and regular Steam Decks and launching on the same day it was open to the public.
- Sony and Nintendo intend to launch devices within Australia within the next 12 months, yet neither was on the show floor.
- Five indie games from PAX stood out from the crowd: Memory’s Reach, Untethered, Bearers, Fox and Shadow, and The Last Werewolf.
- Silent Hill 2 (Remake) is a version of a virtual escape room that is better and more creative than any real-world equivalents.
- The game is very dark, and some screens may make it tough to navigate in certain areas like the prison.
- The game is less optional and tense, but a return to an era well before action games inspired a new direction for survival horror.
- The gaming consoles brought by Steam Deck stole the spotlight at PAX as Sony and Nintendo were absent.
- Despite these show absences, the PS5 Pro is expected to be launched in Australia soon with its enhanced frame rate and high-fidelity graphics.
- Exhibits at PAX are usually scheduled well in advance and big console and PC makers previously demoed their wares ahead of launch on prior PAX shows.
- It has yet to be known whether larger console makers had dropped the ball, experienced budget cuts, or are just saving their funds for further marketing activities down the line.
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VIE Stories
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[Funding News] Simplismart Secures $7 Million To Simplify AI Adoption For Enterprises
- Simplismart, a Bengaluru-based SaaS firm, has raised $7 million in its Series A round led by Accel.
- The funding round also saw participation from Titan Capital and Shastra VC.
- Simplismart aims to simplify AI adoption for businesses by providing an affordable platform for implementing machine learning models.
- The funds will be used to accelerate expansion and invest in research and development projects.
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Inc42
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8i Ventures Exits M2P Fintech With 12X Returns
- Early-stage VC firm 8i Ventures has announced a full exit from fintech startup M2P Fintech with 12X returns in 4.5 years.
- 8i Ventures invested INR 9.7 Cr in M2P Fintech and made a total exit of INR 115.9 Cr.
- The exit aligns with 8i Ventures' strategy to return capital to investors and reinvest in early-stage companies.
- 8i Ventures plans to focus on its second fund of $50 Mn and the Origami program, investing in fintech and e-commerce sectors.
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SiliconCanals
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Italy’s BeDimensional secures €20M from EIB to produce graphene and other 2D materials: Exclusive interview with CEO Vittorio Pellegrini
- Italy-based BeDimensional has secured €20m in venture debt financing from the European Investment Bank (EIB).
- The company produces Few-Layer Graphene (FLG) and Few-Layer Hexagonal Boron Nitride (FLhBN or FLB) with atomic-level thickness.
- BeDimensional aims to increase production of these two-dimensional crystals for industrial use at competitive costs.
- The funds will increase capacity to produce two-dimensional crystals more than tenfold to over 30 tonnes a year by 2028.
- BeDimensional will build a second plant in Italy to scale up production of FLG and FLB by 2027.
- The firm's technologies are applied across industries, in energy storage and conversion, smart textiles, paints, coatings, and composite materials.
- Quality checking and stringent quality control standards ensure high-performance, durability and enhanced functionality for the materials produced.
- The company plans to use graphene instead of graphite to tackle supply chain issues and risks related to raw material sourcing for 2D crystals.
- BeDimensional technology has been formulated into paints for companies in the energy and marine sectors to improve thermal management and protect against corrosion, UV damage, and ageing.
- BeDimensional is searching for new investors and clients from across the globe.
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Gritdaily
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Give Back While Building Wealth: Cindy Giovacchino on Integrating Philanthropy Into Your Financial Plan
- Integrating philanthropy into your financial plan can help you support causes you care about while securing your financial future.
- Start by identifying the causes that reflect your values, making your donations more meaningful and easier to follow through.
- Utilize tax-advantaged giving strategies like Donor-Advised Funds (DAFs), Qualified Charitable Distributions (QCDs), and Charitable Remainder Trusts (CRTs) to maximize impact and savings.
- Create a charitable budget, allocating a portion of your income for giving, and involve your family in the process to foster shared values and a charitable legacy.
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StartupDaily
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The Change of mind: why digital solutions should be central to helping women deal with menopause
- The Senate Inquiry into the Impact of Perimenopause and Menopause concluded with 25 recommendations.
- Digital health solutions can bring immediate and impactful change to menopause care.
- Key themes for raising awareness and support include education, breaking the stigma, and access to digital tools.
- Digital tools like the Metluma app can provide symptom tracking, healthcare connections, and proactive health management for women.
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Inc42
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Can Brown Living Ignite India’s Next Big Eco-Friendly Shopping Trend?
- Brown Living is an e-commerce platform in India that sells eco-friendly products.
- It was launched in 2019 by founder Chaitsi Ahuja, who spent seven years researching sustainable development goals.
- Brown Living works with over 500 local artisans to sell verified sustainable products to over 50k customers.
- It sells a range of eco-friendly products including day-to-day purchases, home decor items, clothing, and backpacks.
- Ahuja believes that the startup has enough headroom to experiment with technology to improve its proprietary framework for product selection and curation called The Brown Lens.
- The company recently raised $300k in a pre-seed funding round led by Blink Digital.
- Brown Living's financial metrics include a revenue run rate of INR 5cr, and a 35% take rate per sale.
- The startup follows a drop-ship model where sellers directly ship products to customers and Brown Living acts as intermediary for such purchases.
- The platform refrains seniors from sharing other financial metrics.
- The company plans to support 1 lakh artisans through its platform and is exploring international markets in the next two years.
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