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Startup News
Yourstory
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Chennai Startup Meetup 2024: Network, Learn, and Get Funded at IIT Madras
- The Entrepreneurship Cell (E-Cell) of IIT Madras is hosting the third edition of the Chennai Startup Meetup on 19th October 2024.
- The event aims to provide a platform for startups, investors, venture capitalists (VCs), and mentors to engage with Chennai’s growing startup ecosystem.
- Startups attending the event will have access to investors, industry insights, and networking opportunities with mentors from the IIT Madras ecosystem.
- For investors, the meetup presents opportunities to engage with new startups and network within the IIT Madras ecosystem.
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SiliconCanals
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263
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Dutch-based Optima Cycles expands e-cargo bike market presence with acquisition of Dolly Bikes: Know more
- Dutch-based Optima Cycles has acquired Dolly Bikes, a direct-to-consumer cargo bike brand, to expand its presence in the electric cargo bike market.
- The acquisition will provide Optima Cycles with new growth opportunities and a wider audience for their sustainable mobility solutions.
- Dolly Bikes is known for its lightweight cargo bikes and customer-centric approach.
- Optima Cycles specializes in designing and distributing high-quality e-bikes and e-cargo bikes to promote sustainable transportation.
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Dev
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438
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How MVP Development Services Reduce Product Risk
- Minimum Viable Product (MVP) development services validate market demand and reduce product risk.
- MVP app development services minimize development costs by focusing on core functionalities.
- MVP software development services accelerate time-to-market, enabling quick user feedback and improvement.
- MVP development services facilitate pivot decisions based on early user feedback and reduce the risk of investing in the wrong direction.
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VIE Stories
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Score10: Transforming India’s Rental Market with a Revolutionary AI based Tenant Screening and Scoring System
- Score10 is an AI-based tenant screening and scoring platform that aims to revolutionize the rental experience in India.
- Founded by Narayana Swaroop, a serial entrepreneur with extensive experience in HR services, BFSI, and technology outsourcing.
- Score10 introduces transparency to the rental market, addressing the issues of trust and unverified backgrounds in the tenant-landlord relationship.
- The platform aims to make renting more reliable and efficient for both tenants and landlords.
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Medium
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384
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Love, Money, Growth, a Product Management journey
- Product management is a journey filled with challenges and strategic decisions.
- The Love, Money, Growth model helps navigate the complexity of product management.
- Product Managers aim to create a loved product, ensure intelligent monetization, and achieve sustainable growth.
- Applying this model ensures decisions align with the goal of delivering a successful product.
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ISN
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3.3k
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Gen-AI SaaS startup Alchemyst AI raises $300,000 in a pre-Seed funding round
- Gen-AI SaaS startup Alchemyst AI has raised $300,000 in a pre-seed funding round led by Inflection Point Ventures.
- The funding will be used to enhance GPU and technology infrastructure, support team development, scale operations, and drive growth.
- Alchemyst AI develops fully autonomous gen-AI digital employees that work together to create intelligent functional components for enterprises.
- The startup is expanding its presence globally and aims to revolutionize the way businesses operate through generative AI solutions.
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ISN
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3.2k
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'Indian stock market has become a lot younger post-pandemic': Zerodha CEO Kamath
- Zerodha CEO Nithin Kamath stated that the Indian stock market has become younger post-pandemic.
- Many young investors are making common mistakes, but Kamath believes early financial missteps can be valuable learning experiences.
- Kamath emphasizes the importance of real financial literacy, which comes from making mistakes and learning from them.
- The rise in young investors is not limited to India and is seen globally, with advancements in investing platforms making it more accessible.
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Eu-Startups
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116
Zurich-based sallea raises €2.38 million to enable sustainable, cruelty-free whole cut meat and fish production
- Zurich-based sallea has raised €2.38 million in pre-seed funding to support the production of sustainable, cruelty-free whole cuts of meat and fish through cellular agriculture.
- The funding round was led by Founderful, with participation from Kost Capital.
- sallea's technology involves creating edible scaffolds that serve as the foundation for cultivating textured whole cuts of meat and fish.
- The company plans to accelerate product development and pilot projects to become a leading scaffold provider in the industry.
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VIE Stories
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0
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[Funding News] Alchemyst AI raises $300K in Pre-Seed Round led by Inflection Point Ventures, along with 100Unicorns & Early Seed Ventures
- Alchemyst AI, a Gen-AI SaaS start-up, has raised $300K in a pre-seed round led by Inflection Point Ventures, along with 100Unicorns & Early Seed Ventures.
- The funds will be used to enhance GPU and technology infrastructure, support team development, scale operations, and drive growth.
- Alchemyst AI is pioneering the development of autonomous gen-AI digital employees to revolutionize the way businesses operate.
- The start-up creates virtual employees that seamlessly integrate into business workflows, solving the problem of a lack of tech talent for mid to large-size businesses.
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Startupreporter
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Tariq Khatri: Bollywood’s Newest Sensation Prepares for Bollywood and Hollywood Stardom
- Tariq Khatri, a 27-year-old entrepreneur and businessman, is preparing for his Bollywood debut and auditioning for the role of Superman in Hollywood.
- Known for his diverse talents, Tariq has worked on dam construction projects and short films before venturing into acting.
- Apart from his career pursuits, Tariq is a bodybuilder, karate enthusiast, and music lover who inspires others through his social media presence.
- With optimism for the future, Tariq's journey from a young entrepreneur in Bandra to an international rising star serves as an inspiration to many.
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ISN
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214
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Mamaearth's chief product and technology officer Jayant Chauhan resigns; Here's why
- Jayant Chauhan, Chief Product and Technology Officer at MamaEarth's parent company, Honasa Consumer Limited, has announced his resignation.
- Chauhan cited personal reasons for his departure, and it will be effective from November 30, 2024.
- He joined MamaEarth in November 2020 and played a crucial role in shaping the company's product strategy and technological advancements.
- MamaEarth has reported significant growth in its financial performance with a 17.6% increase in revenue for Q1 FY25 and a 62.9% rise in net profit year-on-year.
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Inc42
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415
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Paisabazaar Building Offline Distribution Channel To Fuel Secured Lending Play
- Paisabazaar, owned by PB Fintech, is building an offline distribution channel to strengthen its secured lending portfolio.
- The company has deployed a field team of 100 people in Delhi, Mumbai, and Bengaluru, targeting secured credit products like home loans and loans against property.
- Paisabazaar aims to expand the on-field team to 500 by this fiscal year and increase the secured credit share in the company to 50% from 15% last fiscal.
- This move aligns with regulatory efforts to enhance security and compliance in India's lending ecosystem.
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Eu-Startups
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192
Swiss startup Albatross bags €3 million to transform user engagement with AI-driven personalization
- Swiss startup Albatross has secured €3 million in funding in a round led by redalpine and with participation from Daphni.
- Albatross aims to transform user engagement in eCommerce, media, and online marketplaces using AI-driven personalization.
- The company's solutions address the problem of high churn due to outdated recommendations and offer real-time, dynamic user journeys.
- Albatross utilizes deep learning, multi-armed bandits, and reinforcement learning to optimize user experiences and drive conversions.
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Startus
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348
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Develop Your PoC with Iberdrola Wind Measurement for Turbine Assessment Challenge!
- Iberdrola Wind Measurement for Turbine Assessment Challenge aims to identify startups with innovative wind measurement technology.
- Iberdrola, a global renewable energy company, is inviting startups to optimize turbine performance and collect precise wind data.
- The challenge offers a fully funded pilot project, expert support, commercial opportunities, and potential investment for selected startups.
- Applicants should provide solutions that meet specific criteria related to technology, measurements, deployment, and campaign fulfillment.
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Inc42
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1.3k
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Amid Regulatory Tangles, Ola Taps EY India To Boost Customer Service
- Ola Electric has partnered with EY India for a service transformation to address after-sales service challenges, customer complaints, and falling sales volumes.
- EY will provide advice on streamlining business operations and improving spare parts stocking and inventory management.
- Nearly a dozen EY executives have joined Ola Electric on a three-month deputation to manage immediate challenges and set up improved processes and systems.
- The move comes after viral images of unused Ola Electric vehicles and a surge in customer complaints, leading to scrutiny and a show cause notice by the Central Consumer Protection Authority.
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