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Startup News
Hackernoon
5d
36
Image Credit: Hackernoon
You Can’t Wing It to $10M: The Brutal Truth About Startup Sales
- Startups often fail due to confusing momentum with machinery, leading to scalability issues.
- Achieving initial revenue milestones through hustle can be a trap hindering further growth.
- Building a structured revenue assembly line is crucial for sustainable scaling and success.
- Lessons on precision, experience in hires, and incentivizing for long-term success highlighted.
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TechBullion
5d
172
Image Credit: TechBullion
Sibongile Gobile: The Legal Visionary Redefining South Africa’s Tech Frontier
- Sibongile Gobile, a legal visionary in South Africa, is redefining the country's tech frontier by emphasizing responsible innovation within ethical and regulatory frameworks.
- Gobile combines his legal background with a deep understanding of technology to advocate for the integration of legal, ethical, and cultural considerations into tech development and deployment.
- He is involved in various initiatives that bridge the gap between technology and social development, promoting inclusive growth and skills development for underserved communities in areas like agriculture and property technology.
- Sibongile Gobile's work showcases the importance of clear regulatory frameworks in tech deployment and paves the way for accountable and ambitious technological advancements in Africa.
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Startup Story
5d
0
Image Credit: Startup Story
Ghaziabad Municipal Corporation Launches Impact Analysis Report on Student Learning Post ‘Swachh Mohalla Squad’ Initiative
- The Ghaziabad Municipal Corporation has launched the Impact Analysis Report of the Swachh Mohalla Squad initiative aimed at educating school students about solid waste management.
- Over 40,000 students from 100 schools in Ghaziabad participated in interactive sessions and activities to promote awareness and understanding of waste management.
- A learning assessment among 5,000 students showed positive results in knowledge acquisition and behavioral change regarding waste segregation, recycling, and composting.
- The initiative reflects the commitment to Swachh Bharat Mission (Urban) goals and community-led transformation, with recognition given to the Hon'ble Chief Minister and partners for their support.
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Inc42
5d
258
Image Credit: Inc42
Centre To Launch INR 2,000 Cr Drone Tech Incentive Scheme
- The Centre plans to launch a INR 2,000 Cr incentive scheme to boost drone manufacturing in India, spanning three years.
- The initiative under the civil aviation ministry aims to reduce reliance on imported drone components and counter Pakistan's drone program.
- The scheme targets localizing key drone component production by at least 40% in India by FY28, offering additional incentives for using domestic parts.
- The growing Indian drone tech ecosystem has shown potential in defense and civilian sectors, with startups playing a pivotal role.
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ISN
5d
311
Image Credit: ISN
IndiGo appoints ex-NITI Aayog CEO Amitabh Kant as non-executive director
- IndiGo has appointed Amitabh Kant as a non-executive director, pending regulatory and shareholder approvals.
- Amitabh Kant, a former Indian bureaucrat, is known for his role in various nation-building initiatives and sustainability projects.
- Kant's career spans over four decades, and he has led initiatives like the Green Hydrogen Mission and the Aspirational Districts Program.
- IndiGo plans to utilize Kant's expertise to enhance India's transportation sector and expand globally, with a focus on trade, tourism, and economic growth.
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Startup Story
5d
61
Image Credit: Startup Story
Ramveer Tanwar – The PondMan of India How a Small-Town Engineer Sparked a National Environmental Awakening
- Ramveer Tanwar, known as the PondMan of India, revived neglected ponds and promoted water conservation.
- Starting in his village, he organized clean-up drives, educated communities, and founded Say Earth.
- His efforts expanded to multiple states, focusing on community involvement and urban forestry projects.
- Recognized nationally, Ramveer's initiatives emphasize grassroots action and sustainable environmental restoration.
- His story showcases the impact of individual dedication in creating widespread ecological change.
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Medium
5d
45
VC Strategy and Operations-1
- A VC fund comprises a distinct legal and operational framework, with the management company (franchise) separate from the actual funds (LP entities).
- VCs face challenges similar to entrepreneurs during fundraising, needing to raise funds from LPs, who are then legally obligated to provide the funds within a set time frame.
- The compensation structure significantly influences VC behavior, with provisions such as recycling management fees to reinvest returns into meeting initial capital commitments.
- VC fund agreements establish investment parameters over time, including metrics like Multiple on Invested Capital (MOIC), Gross Internal Rate of Return (IRR), and differentiation between realised and unrealised values.
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ISN
5d
131
Image Credit: ISN
Sridhar Vembu's Zoho opens new campus in Kerala, acquires Asimov Robotics
- Zoho Corporation, a Chennai-based SaaS major, has acquired robotics startup Asimov Robotics and opened a new R&D campus in Kerala.
- The new campus in Kottarakkara will focus on research in artificial intelligence and robotics, with a 250-seat capacity for these efforts.
- Zoho also announced partnerships with the Kerala Startup Mission and several other deeptech organizations to enhance research collaborations and capabilities.
- The company's internship program in the region has already led to 40 employees being onboarded through a comprehensive training pathway.
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SiliconCanals
5d
279
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AI Tool of the Week: How UK’s digiLab is building AI for the planet’s largest coral restoration project
- UK's digiLab partners with King Abdullah University of Science and Technology (KAUST) to develop a new AI digital twin platform for the world's largest coral restoration project in Saudi Arabia.
- The AI integration by digiLab aims to improve coral resilience, including factors like heat tolerance and growth, enhancing coral's ability to adapt to environmental changes.
- The partnership focuses on using advanced AI technology to fast-track reef restoration and conservation, creating a model for global coral restoration efforts.
- digiLab will assist KAUST in areas such as coral measurement, optimal sensor placement, and integrating AI technology for data-driven decision-making in the large-scale coral restoration project.
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ISN
5d
173
Image Credit: ISN
EaseMyTrip co-founder Nishant Pitti pledges shares worth Rs 95 crore for 'personal use’
- Nishant Pitti, chairman of EaseMyTrip, pledges 9 crore shares worth Rs 94.5 crore for 'personal use' to Motilal Oswal Financial Services.
- This pledge represents 2.54% of the company's total equity and adds to the existing 8 crore shares already under pledge, bringing the total to 17.01 crore shares.
- Pitti's stake in EaseMyTrip has decreased significantly from 28.13% to 12.8% between March 2024 and March 2025, with notable share sales including a block deal in December raising Rs 78.3 crore.
- The latest pledge raises concerns among investors regarding governance and promoter confidence, as pledging promoter shares for personal use is often seen as a red flag for potential liquidity issues or strategic changes.
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Dev
5d
82
Image Credit: Dev
Introducing RisingWave's Hosted Iceberg Catalog-No External Setup Needed
- RisingWave has launched the Hosted Iceberg Catalog to simplify building real-time data applications by providing a managed, internal catalog option that eliminates the need for external setup.
- The Hosted Iceberg Catalog uses RisingWave's internal metadata store as a functional Iceberg catalog, allowing users to streamline the setup process.
- By enabling the hosted catalog, RisingWave internally manages Iceberg's metadata using a PostgreSQL-based metastore, maintaining compatibility with external tools like Spark, Trino, and Flink.
- This feature simplifies setup, reduces operational overhead, ensures openness, and facilitates integrated workflows within RisingWave, making it easier for users to work with Iceberg tables.
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Eu-Startups
5d
53
Warsaw-based Alsendo expands into Western Europe with the acquisition of Italian shipping platform Spedire.com
- Warsaw-based Alsendo has acquired Italian shipping platforms Spedire.com and SpedirePRO for €5.5 million, marking its expansion into Western Europe.
- The acquisition, supported by Abris Capital Partners, aims to position Alsendo as Europe's leading delivery management and shipping platform.
- Alsendo, specializing in delivery and post-sales processes optimization, offers a range of technology-based shipping services and solutions tailored for e-commerce.
- The acquisition strengthens Alsendo's presence in the logistics sector, aligning with their strategy to consolidate the shipping solutions market in Europe.
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Inc42
5d
365
Image Credit: Inc42
ArisInfra Shares Surge Nearly 8% After Co Bags INR 100 Cr Order
- Shares of ArisInfra Solutions surged nearly 8% to close at INR 172.65 today after securing a INR 100 Cr contract for a residential project in Bengaluru.
- The contract obtained by its subsidiary ArisUnitern RE Solutions is expected to contribute INR 100 Cr with high margins to the company's order book.
- ArisInfra's CEO highlighted the significance of the project in expanding their presence in Bengaluru and delivering high-margin projects.
- Despite today's increase, ArisInfra's shares are still down over 17% from its listing price of INR 209 and 24% from its IPO price of INR 222.
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ISN
5d
583
Image Credit: ISN
Logistics platform BlackBuck’s subsidiary gets PPI license from RBI
- TZF Logistics Solutions Pvt. Ltd., a subsidiary of BlackBuck, has obtained a Prepaid Payment Instrument (PPI) license from the RBI for digital payments.
- The PPI license allows TZF Logistics to offer digital wallets and prepaid cards for cashless transactions such as fuel and toll payments.
- This move is aimed at reducing the reliance on cash for trucking community operational expenses in India.
- BlackBuck's integrated platform, including freight marketplace and lending services, is expected to benefit from the addition of digital payment capabilities.
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SiliconCanals
5d
320
Image Credit: SiliconCanals
Bitvavo CEO Mark Nuvelstijn steps down permanently following report linking him to ‘miracle investor’ Max R
- Bitvavo CEO Mark Nuvelstijn steps down from his role following a report linking him to 'miracle investor' Max R who has been convicted of fraud.
- Nuvelstijn will not return to an executive role within Bitvavo and his responsibilities will be temporarily taken over by Johan van Olffen.
- The resignation came after concerns were raised about inaccurate transaction details with Max R, leading to a review and revelations of misleading actions by Nuvelstijn.
- Bitvavo recently received a MiCA license in the Netherlands, allowing it to offer services across EU member states under a unified regulatory framework.
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