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Inc42
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Mamaearth’s Chief Product & Technology Officer Jayant Chauhan Quits
- Mamaearth's Chief Product & Technology Officer (CPTO), Jayant Chauhan, has submitted his resignation effective from November 30, 2024, due to personal reasons.
- Chauhan had been with Honasa Consumer, the parent company of Mamaearth, since 2020.
- The company has not yet announced a successor for Chauhan.
- This resignation comes at a time when Mamaearth is facing regulatory challenges, including fines and a legal dispute with a former distributor.
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Inc42
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Eyeing Product Innovation, SaaS Startup Neuron7 Raises $44 Mn From Smith Point Capital
- SaaS startup Neuron7.ai has raised $44 Mn in its Series B round led by Smith Point Capital.
- The funding will be used to accelerate product innovation and go-to-market growth initiatives.
- Neuron7's AI tools enable enterprises to analyze data from multiple sources and provide fast issue resolution.
- The company claims to have raised over $63 Mn in funding and experienced 300% growth in annual recurring revenue.
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Yourstory
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Neuron7.ai bags $44M in Series B funding led by Keith Block’s Smith Point Capital
- Neuron7.ai, a cloud-based service intelligence platform, has raised $44 million in a Series B funding round led by Smith Point Capital.
- The funding round also saw participation from existing investors Nexus Venture Partners and Battery Ventures.
- With this funding, Neuron7.ai's total funding reaches over $63 million.
- The company plans to use the capital to fuel product development, scale its enterprise go-to-market strategies, and enhance integration with CRM platforms.
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Yourstory
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102
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How AI is shaping the future of employee retention
- Retaining employees has become increasingly difficult in today's rapidly evolving business landscape.
- Artificial intelligence (AI) is shaping the future of employee retention.
- Predictive analytics and sentiment analysis enable organisations to anticipate resignations and implement targeted retention strategies.
- AI-driven tools like chatbots and virtual assistants enhance employee experiences and facilitate open communication.
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Medium
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429
4 lessons from being Product Manager + Product Owner + UX/UI Designer in a startup
- As a Product Manager, it is important to have a holistic view of the company's strategy and understand the business metrics.
- Being a Product Manager, Product Owner, and UX/UI Designer in a startup requires making sacrifices and eventually delegating tasks as the business grows.
- Regular conversations with leadership and understanding financial metrics help in prioritizing and planning the roadmap.
- Balancing development agility with business growth is crucial for an early-stage product team.
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Yourstory
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102
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How to revive dying startups; Spiritual tech goes global
- Zomato is considering reviving its hyperlocal logistics service Xtreme to focus on food delivery, while Swiggy has recently launched a 10-minute food delivery service and an XL EV fleet.
- Both companies are looking to differentiate themselves in the wider market of quick commerce, but kirana stores may be feeling the squeeze.
- Sporos Capital is an equity fund aimed at reviving tech-enabled companies amid a prolonged funding slowdown, with a corpus of INR 600 crore and a green shoe option of INR 1,000 crore.
- Spiritual tech apps such as Astrotalk and AppsForBharat have seen significant traction and revenue growth as users turn to digital platforms to connect with their culture and faith.
- FlexiBees matches talented and qualified women professionals to flexible work requirements from companies, helping them balance professional and personal priorities.
- Instagram is rolling out a digital business card feature for user profiles.
- India's government will allot spectrum for satellite broadband administratively rather than through auction.
- Hyundai Motor India's $3.3bn IPO was 18% subscribed on the first day of bidding.
- The loudest sound ever recorded was the Krakatoa volcanic eruption in 1883, which was estimated to have reached 310 dB.
- VC firms are tapping into the growth of the spiritual tech space, sensing the potential for returns as more users turn to apps for their spiritual and astrological needs.
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Yourstory
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49
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Payment aggregator ecosystem: navigating the tightrope of regulations, profits and valuation
- The Indian payment aggregator sector is going through a transformative phase amid evolving regulations and a dynamic market.
- As the payment aggregator landscape matures, it presents a unique opportunity for companies to assert dominance.
- Physical KYC requirements and due diligence for payment aggregators are stringent, akin to those imposed on universal banks by the RBI.
- Regulatory measures by the RBI have provided much-needed relief and support to the industry.
- The Indian payment gateway market is estimated to be worth $1.21bn in 2024, growing at a CAGR of 17.16% during the forecast period.
- Balancing regulatory compliance with innovative solutions is crucial.
- Value-added services such as fraud detection, loyalty programmes, and financial analytics can help small businesses navigate regulatory challenges and drive economic growth.
- The future of payment aggregators lies in their ability to adapt to regulatory changes, leverage technological advancements, and offer value-added services.
- Companies must balance regulatory compliance with innovation and profitability to emerge as leaders.
- The market environment presents challenges and opportunities, and companies that can stick to regulatory requirements while fostering value stickiness will come out on top.
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Yourstory
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58
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Spiritual tech startups go global as demand for virtual services soars
- Increased demand for virtual spiritual practices has led to growing interest in these services' funding and investing.
- Apps that enable users to practice virtual rituals, view temples and connect with astrologers are particularly popular.
- Astrotalk and AppsForBharat are growth companies that are seeking international expansion.
- The global market is seen as a lucrative area of growth, particularly given the trend for high-value prices paid by US consumers.
- Astrology is a $15bn offline market and investors believe it may be a safe and profitable option, since there is no need for in-person interaction.
- Nandan Nilekani's investment fund Fundamentum was one of many that invested $18m in devotion tech start-up AppsForBharat.
- AppsForBharat's revenue grew 4x to reach Rs18.5 crore ($2.5m) in FY24.
- AppsForBharat charges a 30% premium to clients outside of India.
- Astrotalk is aiming to achieve sixfold revenue growth in the coming years from international services.
- Revenue growth has led to increased profits, but not all companies in the devotion tech sector have attracted high-level funding.
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Startupreporter
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Vyapaar Jagat Growth Show 2024 to help SMEs navigate to IPOs, celebrate entrepreneurial excellence
- The BroGhar Realty presents Vyapaar Jagat Growth Show 2024 at the Bombay Stock Exchange (BSE) in Mumbai.
- The event aims to guide entrepreneurs through the growth journey from SMEs to public offerings and celebrate entrepreneurial excellence.
- Over 1,000 entrepreneurs, 25+ exhibitors, and 25+ influential speakers will participate in the event.
- The show will feature industry innovations, networking opportunities, and the launch of new business circles and prestigious awards.
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Economic Times
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Eldercare startup Primus Senior Living raises $20 million from General Catalyst, others
- Eldercare startup Primus Senior Living has raised $20 million in a seed funding round led by General Catalyst, with participation from Zerodha cofounder Nikhil Kamath and Gruhas.
- Primus is developing a comprehensive eldercare platform offering various services, including healthcare, wellness, lifestyle, and social engagement.
- Currently, Primus operates a community of 500 homes and plans to deliver 3,500 homes across six cities.
- This investment marks one of the first deals in India by General Catalyst, a Silicon Valley-based venture capital firm.
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Gritdaily
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Rising Star Vishnul Jain: How “The Future King” Book Series Is Captivating the World of Fantasy Fiction
- Vishnul Jain’s The Future King book series, a reimagining of the Arthurian mythos, has been well-received and praised as a captivating work of art with critics calling it a “masterful weaving of a rich tapestry that captivates fans of epic fantasy.”
- Vishnul has completed the first and second books of the series, The Future King: Return of the Once Monarch and The Future King: Rise of the Sorcerer.
- Vishnul Weaves a story of optimism and redemption; making second chances an essential theme in The Future King.
- The Future King series is inspired by Harry Potter, Percy Jackson, and The Lord of the Rings. Vishnul hopes to match their positions as mainstays of the fantasy genre.
- The Future King has received several awards, including the BookFest Award for best book series, the Readers’ Favorite Award for best young adult mythology/fairy tale, the Incipere Award for the best young adult fantasy, and the Literary Titan Award for best epic fantasy.
- Vishnul’s love of British and Indian history and mythology shine through the storyline, creating a unique blend of stories from an interconnected world.
- Vishnul Jain is a gemstone faceter, which often features throughout his writing and hinted that a green diamond would come into play for the series’ third installation.
- Vishnul places Merlin at centre stage in his work, now masquerading as a modern-day college professor and a flawed, powerful, and relatable hero.
- Vishnul’s fantasy fiction draws readers from all walks of life into the completion of an ancient story; blending exciting world-building and compelling historical and mythological characters.
- The third book of The Future King will delve into Merlin’s psyche, personal growth, his past, and its impact on his future.
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TechCrunch
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277
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Our favorite startups from Pear VC’s invitational demo day
- Pear VC's accelerator program, PearX, is expanding and providing more services to startups.
- The program will now run twice a year with approximately 20 companies in each batch.
- PearX startups receive funding ranging from $250,000 to $2 million, depending on their needs and stage of development.
- Five startups, including Neutrino AI, Quno AI, ResiQuant, Self Eval, and TeachShare, stood out at Pear VC's recent demo day with their innovative approaches to complex business problems.
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Siliconangle
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330
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IoT startup Monogoto raises $27M to accelerate its global expansion
- IoT startup Monogoto has raised $27 million in funding to accelerate global expansion and enhance its connectivity solutions.
- Monogoto offers software-defined connectivity solutions for secure connections across LTE/5G and satellite networks.
- Their single subscription model allows connectivity in over 180 countries and integrates granular control and real-time management.
- Monogoto's deep customer base includes Fortune 500 companies and enterprises in sectors such as automotive, retail, and energy.
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Inc42
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286
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Is Swiggy’s Revenue Stack Ready For The IPO Test?
- Swiggy's revenue is at par with Zomato but the latter has generated profits for the past five quarters.
- Swiggy relies on its food delivery business and quick commerce play, but trails behind Zomato in both.
- Swiggy has had to tweak its discounts and cost structures to improve contribution margins.
- Swiggy has increased its platform fees and generated more commissions from its restaurant partners to improve unit economics.
- Swiggy Instamart has significantly reduced losses, but Blinkit on-boarded more restaurants last year.
- Swiggy aims to leverage its one-app strategy to cross-sell all three verticals to its engaged user base.
- Swiggy Bolt, a feature under the food delivery vertical aims to deliver food items in the same time as an Instamart order.
- Swiggy's IPO will be the fourth largest on Indian stock exchanges.
- Swiggy's leadership still needs to come out in the public limelight more than Zomato.
- Swiggy is on an upward trajectory and is nearing profitability.
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UX Design
4w
53
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Are you considering the developer’s mental model?
- Most early-stage startup founders tend to make a recurring mistake when designing interfaces.
- Mental models are important for product design and understanding user behavior.
- Applying mental models in developing a biotech platform has yielded positive results.
- Practical advice for founders on how to incorporate mental models into their work.
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