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Inc42

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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

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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

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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

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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

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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

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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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AllTopStartups

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Building Connections: 8 Strategies to Strengthen Relationships at Work and Home

  • Quality relationships are crucial for happiness and well-being, even surpassing other factors.
  • Strategies include taking time to know others, checking in often, and embracing common ground.
  • Being authentic, reliable, and stepping out of comfort zones are key to building connections.
  • Spontaneity and asking questions respectfully also contribute to fostering enduring relationships.
  • Ultimately, prioritizing relationship-building contributes to a more cohesive and resilient community.

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VC Cafe

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Weekly Firgun Newsletter – July 4 2025

  • A warm welcome to new readers interested in 'Firgun' - Israeli culture concept.
  • Israel's startup ecosystem shows resilience with $9.3 billion fundraising in first half of 2025.
  • Tech world updates include Meta's Superintelligence team, Google's Veo3 rollout, and more.

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Startup Story

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Improving your career with joining the best online MBA in HR

  • Indira Gandhi National Open University (IGNOU) offers flexible and accessible learning options for individuals looking to advance their careers through distance education, with a strong reputation in the field.
  • IGNOU is a renowned choice for online education, known for its affordability and quality education, especially in the field of distance education, with a strong track record since its establishment in 1985.
  • IGNOU provides an Online MBA in Human Resource Management (HR) program, offering flexibility in scheduling, high-quality education, and a focus on student success, making it an ideal choice for HR professionals looking to enhance their skills.
  • The IGNOU MBA in HR curriculum is designed to equip students with advanced skills in workforce management, organizational behavior, and HR analytics, offering self-learning resources, web lectures, and virtual lessons for a comprehensive learning experience.

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ISN

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Gurugram-based NoPaperForms converts into public company as it prepares for IPO

  • Gurugram-based SaaS startup NoPaperForms, known for its flagship brand Meritto in the education sector, has transitioned into a public company in preparation for an IPO by the end of 2025.
  • Recent filings reveal that the company's board approved the name change from NoPaperForms Solutions Private Limited to NoPaperForms Solutions Limited, a critical step for going public in India.
  • NoPaperForms aims to raise around Rs 500-600 crore through its IPO, managed by investment banks IIFL Capital and SBI Capital, with an estimated valuation of Rs 2,000 crore.
  • Founded in 2017 by Naveen Goyal and Suraj Sapra, NoPaperForms offers Meritto, a platform for managing the student lifecycle, and operates Collexo, a fee management system. The startup's financials have shown significant improvement, with profits in FY24 compared to a loss in FY23.

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Startup Pedia

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Zoho acquires Kochi-based Asimov Robotics, opens R&D campus in Kerala

  • Zoho Corporation has acquired Kochi-based deeptech startup Asimov Robotics to step into AI and robotics research and deep-tech innovation.
  • Asimov Robotics, founded in 2012, is known for developing service and industrial robots, including humanoid robots, healthcare and assistive robots, and robotic platforms for industrial automation and disaster management.
  • Zoho inaugurated its R&D campus in Kerala's Kottarakkara and aims to strengthen its capabilities in AI and robotics, focusing on making India self-reliant in critical technologies.
  • Zoho also partnered with Kerala Startup Mission to co-develop a 'deep-tech product studio' supporting startups and researchers, with the goal of nurturing innovation from rural India and solving high-end technology challenges.

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Inc42

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Lenskart Invests In AjnaLens To Develop AI-Powered Smart Glasses

  • Lenskart has made a strategic investment in Mumbai-based deeptech startup AjnaLens to develop AI-powered smart glasses.
  • The acquisition combines Lenskart's frame design expertise with AjnaLens' technological capabilities in extended reality technology.
  • AjnaLens provides hardware and software solutions using XR technology for sectors like defence and enterprises.
  • Lenskart aims to enhance its presence in the smart glasses category following its previous launch of audio eyewear.

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AllTopStartups

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255

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Blurred Lines Between Work and Home Are Harming SME Productivity – Here’s How to Fix It

  • The 'infinite workday' is draining productivity for small business owners and their teams, leading to burnout and diminishing creativity.
  • The consequences of an always-on culture include high stress levels, diminished productivity, and a blurred line between work and home life, impacting overall wellbeing.
  • To combat the negative effects, small businesses can redesign the workweek rhythm, set clear boundaries, reframe urgency, utilize smart tools, and regularly check in on workload and wellbeing.
  • Small business owners have the opportunity to create a healthier and sustainable work culture by implementing clear boundaries and smart strategies to improve productivity and overall well-being.

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Medium

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Perplexity Max Just Went Live at $200/Month: Real Value or Borderline Scam?

  • Perplexity AI has launched their new product, Perplexity Max, priced at $200 per month.
  • The article examines how Perplexity AI focuses on minimal innovation for maximum profit, categorizing it as a middleman company that adds new features to existing technology.
  • Perplexity AI is criticized for tacking on new features and rebranding existing technology, without significant underlying changes.
  • The article questions whether Perplexity Max's pricing and features offer real value or if it borders on a scam.

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Eu-Startups

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Can Europe catch up? Why the EU is still behind in the global AI race

  • Europe faces growing strain in transatlantic relations amid global AI race competition.
  • US and China lead in AI innovation and investment, as EU struggles to catch up.
  • EU aims to promote AI innovation with ambitious plans but lags in investment.
  • Challenges include digital infrastructure, capital, talent attraction, and closing skills gap.
  • EU must invest, regulate wisely, and prioritize innovation to compete in global AI.

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