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Startup News
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
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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
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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
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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
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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
582
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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
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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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Inc42
5d
205
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Exclusive: Yulu To Raise $8.2 Mn From Cofounders Via Rights Issue
- Electric mobility startup Yulu is raising $8.2 Mn from its cofounders and existing investors via a rights issue.
- Yulu's board passed a resolution to allot Series B3 CCPS to existing shareholders, including cofounders and key investors Bajaj Auto and Magna International.
- Yulu also raised $2.9 Mn from Magna International through the allotment of Series B3 CCPS.
- Yulu plans to raise $100 Mn in its upcoming Series C round and has turned EBITDA positive for a few months in FY25.
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Medium
5d
213
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Should You Raise Money or Go It Alone? Here’s What I Think
- Choosing between raising money or bootstrapping for your startup is a tough decision.
- Raising funds can provide resources for rapid growth but comes with loss of control.
- Bootstrapping offers independence and ownership, but progress may be slower and more challenging.
- The decision should be made consciously, weighing the pros and cons of each path.
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SiliconCanals
5d
61
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Leiden-based Currentt secures €1.7M for the nationwide rollout of its cyber-secure and energy management system
- Leiden-based Currentt secures €1.7M in funding for the nationwide rollout of its energy management system, the Currentt Navigator, aimed at addressing grid congestion, phase-out of net metering, and cyber risks in the energy sector.
- The investment from a group of investors and entrepreneurs with expertise across the energy value chain supports Currentt's goal of enabling businesses and households to manage energy locally and securely.
- Currentt, founded in 2024, aims to solve the Dutch electricity grid congestion problem, affecting businesses and consumers, by maximizing local use of sustainable electricity through the Currentt Navigator system.
- The Currentt Navigator coordinates energy generation, consumption, and storage by controlling devices, providing local control, cost reduction, cybersecurity, and stability while supporting the transition to sustainable energy.
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Inc42
5d
16
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Karnataka Goes All Out To Curb Fake News, But At What Cost?
- Karnataka introduces Misinformation and Fake News (Prohibition) Bill, raising concerns over censorship.
- Bill proposes penalties for spreading misinformation on digital platforms, prompting fear of misuse.
- Vague terms like 'anti-feminist' and 'insults to Sanatan symbols' spark worries about selective enforcement.
- Draft bill seeks to regulate social media, putting liability on individuals and tech companies.
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ISN
5d
848
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Sachin Tendulkar-endorsed Kissht adds Policybazaar co-founder, AB Fashion CEO to board ahead of IPO
- Sachin Tendulkar-endorsed digital lending platform Kissht appoints Alok Bansal, co-founder of Policybazaar, and Sangeeta Pendurkar, former CEO of Aditya Birla Fashion and Retail, as independent directors ahead of its IPO filing.
- The move aims to enhance corporate governance and signal maturity to public market investors as Kissht prepares to transition to a public limited company and file its DRHP with SEBI this month.
- Kissht, founded in 2015, offers an array of secured and unsecured loans, expanding into the secured credit space with a digital Loan Against Property offering. The upcoming IPO will include a fresh issue of equity shares and an offer for sale, following a recent $80 million funding round.
- With over 10 million customers in India, Kissht's AUM surpassed Rs 4,200 crore ($502 million) in FY 2025. Sachin Tendulkar is both a strategic investor and ambassador for the firm.
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Startup Pedia
5d
16
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Indian techie Soham Parekh admits to moonlighting, opens up after allegedly scamming multiple US startup founders
- Indian techie Soham Parekh admits to moonlighting and scamming multiple US startup founders.
- Parekh confesses to working at multiple startups simultaneously, misleading employers by working under false pretences.
- He claims financial necessity, not greed, as the driving force behind his actions.
- The Playground AI founder accused Parekh of working at multiple startups concurrently and faking 90% of his resume.
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