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Startup News
Medium
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Investing in autone
- London-based startup autone is building an AI-driven platform to tackle inventory management challenges in the retail industry.
- autone's platform uses advanced AI to automate tasks such as demand forecasting, stock level optimization, and data aggregation.
- The platform integrates seamlessly into existing retail workflows, freeing up professionals to focus on strategic tasks.
- The founding team's experience in retail and data management uniquely positions autone to address operational efficiency in the industry.
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Medium
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0
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Investing in Desia
- London-based startup Desia is developing an AI-driven platform to address information overload and streamline investment workflows.
- Desia's platform automates repetitive tasks like data extraction and analysis, freeing up analysts to focus on strategic activities.
- The founding team of Desia, with experience in finance and AI, aims to redefine how investment decisions are made.
- By centralizing data, streamlining workflows, and making actionable insights accessible in real-time, Desia aims to transform collaboration and execution in investment teams.
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Eu-Startups
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111
Milan-based Stema nabs €1.6 million to address Europe’s STEM talent shortage
- Stema, a career copilot platform for engineers, has secured €1.6 million in funding from United Ventures.
- The investment will be used to develop its technology platform, expand its team, and prepare for expansion into Germany.
- Stema is addressing the shortage of STEM professionals by providing a B2B solution to automate STEM recruitment.
- The funding comes at a time of significant growth for Stema, which has built a thriving community of engineers in Italy and secured contracts with top technical employers.
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TechRound
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8 Startups To Watch In Manila, Philippines
- Manila, the capital of the Philippines, is emerging as a startup hub with 1,100 startups, 60 incubators, and 50 VCs.
- 8 startups worth watching in Manila include ALLCARE, providing benefits for freelancers; LookingFour, a marketplace for new and pre-loved goods; First Circle, offering financing for SMEs; Resorts Gate, a holiday booking platform; Xalmeds, an online pharmacy with delivery; Dashlabs.ai, enabling medical care automation; Soltera, focusing on energy management; and Mayani, supporting farmers through tech.
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Yourstory
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BPEA Credit nears final close of Rs 750 Cr short-term income fund, rebrands to Ascertis Credit
- BPEA Credit, now rebranded as Ascertis Credit, is nearing the final close of its Select Short Term Income Fund – I (SSTIF-I) with a target of Rs 750 crore.
- The fund aims to invest in stable, short-term opportunities and provide regular income distributions to investors.
- Ascertis Credit has raised four funds to date, with Fund III closing at $600 million in June 2022, and plans to launch a fifth fund.
- The rebranding reflects their commitment to growth, innovation, and delivering value to investors in performing credit in high-growth economies.
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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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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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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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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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[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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