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ISN

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AI-powered no-code app development platform Tablesprint raises $1 million in a seed round

  • Tablesprint, an AI-powered no-code app development platform, has raised around $1 million in a seed funding round.
  • The funds will be used for product development, team expansion, and strengthening offerings.
  • Tablesprint offers an AI-first SaaS platform for building customizable, no-code applications across various business functions.
  • The platform aims to make enterprise app development faster, more cost-effective, and adaptable to specific needs.

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ISN

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Invest4Edu appoints Manish Sahijwani as chief business officer (CBO)

  • Invest4Edu has appointed Manish Sahijwani as its Chief Business Officer (CBO) for Financial Services.
  • Manish brings over 20 years of experience in financial planning and wealth management.
  • His expertise will contribute to Invest4Edu's mission of expanding and enhancing its services.
  • Invest4Edu offers education planning, saving, investment services, and smart AI-based tools for parents and students.

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Yourstory

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Rich vs. Poor Nations: Nobel Economists Unveil the Hidden Power of Institutions

  • The Nobel Memorial Prize in Economic Sciences was awarded to Daron Acemoglu, Simon Johnson, and James Robinson for their research on the relationship between institutions and economic inequality.
  • Their theory suggests that the quality of institutions (inclusive or extractive) determines whether a nation prospers or struggles with poverty.
  • Inclusive institutions promote broad participation in the economy and enforce property rights, leading to higher living standards. Extractive institutions concentrate power and wealth, creating significant disparities.
  • Their research highlights the importance of transforming institutions to reduce inequality and create a more prosperous world.

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Medium

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Why Flipkart Sucks?

  • Flipkart has one of the worst customer service experiences in India.
  • While issues are not uncommon with e-tailers, an engineering marvel could have prioritized the customer experience.
  • Once when the phone delivered to the wrong number Flipkart customer service asked a user to wipe a functional phone and return it for an exchange, and the delivery driver had no options to fix it.
  • There were no delivery notifications, and calls to customer service were time-consuming.
  • Flipkart customer service is almost nonexistent and CES is abysmal, which is frustrating to customers because they cannot connect with anyone and resolve their issues.
  • Even the Flipkart website and platform displays or says one thing but delivers differently.
  • The author turned to social media to resolve his issues, and only after a post did any help emerge.
  • It's surprising that customers are still drawn to Flipkart given the customer experience as compared to Amazon.
  • The departments in Flipkart don't work together, and customer service agents know very little about engineering or delivery issues.
  • Flipkart has no empathy for the customer experience and is at risk of seeing decreasing numbers come the future.

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AllTopStartups

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Transforming Retail with Cutting-Edge Technology and Analytics

  • Retail industry has been transformed by technology and data analytics, leading to personalized experiences and improved efficiency.
  • Artificial intelligence (AI) is being used in retail for data analysis, trend prediction, and personalized recommendations.
  • Data analytics helps in personalized shopping experiences based on consumer preferences and behaviors.
  • Technology and analytics are also improving supply chain management and inventory control in retail.

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Yourstory

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No need to create demand in India. Just tap into existing need: Balancehero India COO

  • Credit behaviour and gaming apps are correlated, as indicated by Alternative Credit Data.
  • Location and mobile penetration are now key indicators of financial inclusion in India.
  • Balancehero India focuses on Tier II and plus cities, with 87% of its business coming from these regions.
  • The company leverages Digital Payment Infrastructure (DPI) and India stack for fintech solutions.

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Startupreporter

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A Night of Music and Magic: GV Prakash Kumar Adds His Musical Flair

  • GV Prakash Kumar, one of the most respected composers in Tamil cinema, performed at a grand wedding reception in Kuala Lumpur.
  • The wedding reception was organized by DMY Events and transformed into a visual and auditory spectacle.
  • GV Prakash Kumar blended traditional Indian sounds with contemporary beats, reflecting the theme of cultural fusion.
  • The wedding celebrated cultural unity and showcased DMY Creation's ability to fuse cultures through entertainment.

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AllTopStartups

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What Are the Top Types of Cryptocurrency?

  • Cryptocurrencies have revolutionized the financial landscape, offering a digital alternative to traditional currencies.
  • The top types of cryptocurrencies include Bitcoin (BTC) and Ethereum (ETH) which are driving innovation and reshaping the financial landscape.
  • Emerging cryptocurrencies to watch include Cardano (ADA) and Polkadot (DOT) which present exciting opportunities for growth and innovation.
  • The crypto market offers both risks and opportunities, with inherent volatility and regulatory uncertainty being key risks while potential benefits include high returns and exposure to innovative technologies.

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SiliconCanals

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UK’s AI-powered inventory platform Autone bags €15.6M from General Catalyst, Speedinvest, YCombinator, others

  • London-based Autone, an AI-powered inventory management platform, has raised €15.6M in Series A funding.
  • The funding round was led by General Catalyst, with participation from existing investors including Speedinvest, YCombinator, and others.
  • Autone plans to use the funds to accelerate product development, expand its presence in the US and Europe, and continue hiring.
  • The platform uses AI and predictive analytics to help brands predict demand, reduce inventory waste, and increase sales.

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Inc42

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Everstage Snags $30 Mn To Automate Sales Commission Processes

  • Everstage, an enterprise SaaS startup, has raised $30 Mn in a Series B funding round led by Eight Roads Ventures.
  • The Chennai-based startup plans to use the funds for product innovation and improving customer experience.
  • Everstage offers a platform called Crystal that helps enterprises track sales commissions and forecasts earnings.
  • The company aims to roll out an AI-based product, AI Agent Creation Studio, for streamlining sales operations.

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Inc42

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Licious Says FY24 Loss Down 44% YoY To INR 294 Cr

  • Bengaluru-based meat delivery startup Licious reported a 44% decrease in loss to INR 293.77 Cr in FY24.
  • The startup's revenue dropped 8.4% to INR 685.05 Cr in FY24 compared to the previous fiscal year.
  • Licious attributed the decline in revenue to the closure of sales from platforms Dunzo and Swiggy Meatstore.
  • The company aims to achieve EBITDA breakeven or profitability in the current financial year through offline expansion and a shift to a full-stack D2C model.

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Yourstory

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Experts weigh in on bringing scale and agility to complex data landscape

  • Companies face the challenge of creating a comprehensive and agile data strategy that can have a long-term impact. Business data is being collected from various sources, and the effective use of this data is presenting a challenge to businesses. Integrating diverse data sources is difficult and achieving this goal is still uncertain. A round table discussion that focused on integrating data, AI, and applications for long-term success was organised in association with Snowflake and YourStory. The keynote speaker was Pravin Fernandes of Snowflake, India.
  • Many challenges were shared, including issues of data and integration which Mrinal Rai of Intugine Technologies discussed. He identified a single platform to show clients where shipments are located and if there are any delays or halts that can impact sales and deliveries. Rohit Nambiar of CloudSEK noted that his company deals with cyber threats and handles data from all over the world.
  • Pramod Agarwal of IBSFINtech stated that although scaling data is not a significant challenge, data variability continues to be a challenge. Different financial instruments generate various data structures, and unstructured data remains the most significant challenge for the organisation.
  • The experts discussed the need for smaller language models (SLMs) to reduce the cost of operating large language models (LLMs) in AI. Rajat Dwivedi of Plivo spoke extensively about LLMs and advised companies to be specific about their problem statements and decide whether LLMs or other data handling pipelines work best for solving the problem effectively.
  • Data protection and security continue to be a complex exercise as enterprises store and create vast amounts of data for analysis. Rohit Nambiar of CloudSEK emphasised the need to ensure efficient data privacy and security, and Praveen Fernandes of Snowflake advised companies to create unique data integration strategies, emphasising agility to handle various stages of data maturity or failure.
  • Venkata Rao of Needl.ai advised companies to choose data strategies with care when scaling up, ensuring that scaling horizontally helps deal with growing trends and data. Prakash Jothirmalingam of LeadSquared noted that scale is a continuous process, and expectations of products may change as businesses take different journeys.
  • The round table was moderated by Shivani Muthanna of YourStory Media, with other experts in attendance, including Rajat Dwivedi, Director of Engineering at Plivo, Pramod Agarwal, CTO of IBSFINtech, and Pradeep Sreeram, Head of Engineering at gnani.ai.

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Yourstory

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Edtech startup Suraasa bags $6M funding to solve global teacher shortage

  • Edtech startup Suraasa has secured $6 million funding to address the global teacher shortage.
  • The funding round was led by Reach Capital, with participation from ETS Capital, NB Ventures, TSM Ventures, TRTL Ventures, and other strategic investors.
  • Suraasa plans to use the capital to enhance teacher quality, equip educators with global-standard skills, and facilitate their integration into diverse educational systems worldwide.
  • The investment will also enable Suraasa to scale its operations internationally and connect more teachers with world-class opportunities.

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Inc42

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Amid Festive Rush, Amazon India Launches Drive To Combat Cyber Fraud

  • Amid the rush of its ongoing Great Indian Festival, Amazon India has launched a digital campaign to combat cyber frauds and scams.
  • The campaign, named #AapkeHittMeJaari, educates users on safe online transactions, phishing scams, OTP frauds, lottery cons, and hiring rackets.
  • The campaign includes YouTube Shorts videos that highlight different scams, while providing tips on protecting personal information and identifying impersonators.
  • In addition to the campaign, Amazon India has introduced a generative AI-powered chatbot, Rufus, to enhance customer experience during the festive sale.

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UX Design

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Improving search: a case study of Gmail

  • Improving search: a case study of Gmail
  • User research on relevance, speed and sorting
  • Many users struggle to find emails in their Gmail inbox
  • Mailbird analysis reveals that people receive 60 emails per day on average

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