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Yourstory
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AI robotics startup Haber Nets secures $38M in funding
- AI-driven robotics startup Haber Nets has secured $38 million in funding.
- The funding round was led by Creaegis, with participation from Accel and Beenext Capital.
- The funds will be raised through the issuance of equity shares and Series C compulsorily convertible preference shares.
- Haber Nets offers AI-driven industrial robots that automate labor-intensive tasks in various industries.
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Inc42
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Mahadev Betting App Scam: Mastermind Saurabh Chandrakar Arrested In UAE
- Saurabh Chandrakar, the alleged kingpin in the Mahadev Book betting app scam, has been arrested in the UAE on money laundering charges.
- Chandrakar is accused of orchestrating match-fixing in cricket through the Mahadev app.
- The Ministry of Electronics and Information Technology had blocked the app last year after allegations of fraud.
- The proceeds of the crime are estimated to be around INR 20,000 Cr, with high-profile politicians and bureaucrats allegedly involved.
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Getfullyfunded
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8 Must-Have Tools For Your Fundraising Toolkit
- Having the right tools in your fundraising toolkit makes your life easier.
- Use more than one tool to raise enough money to fully fund your programs.
- Here are 8 fundraising tools that should be sharpened and ready to go in your fundraising toolkit.
- The tools are; a clear, magnetic BHAG, a hooky elevator speech, heart-warming human-interest stories, a visitor-friendly website, detailed activity calendar, detailed expense budget, impact numbers and donor prospect list.
- A big, hairy, audacious goal (BHAG) is needed to attract tons of attention and support for your cause.
- Nonprofits must have an elevator speech, as it tells someone what your organization is about.
- It's important to have stories ready to share about people whose lives have been significantly impacted by the work your nonprofit does.
- Your website needs to be warm and engaging with plenty of stories, photos, video, and blank space for the eye to rest.
- A calendar of fundraising activities, including grant deadlines, newsletter send-out dates, and warm touches for donors will get you on the path to raising all the money you need to fully fund your programs.
- A detailed budget is one of the most important tools in your fundraising toolkit.
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Hitconsultant
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Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test
- Medical diagnostics company Cytovale has secured $100M in Series D funding round led by Sands Capital.
- The investment will support the expansion of Cytovale's sepsis diagnostic, IntelliSep, to more hospital emergency departments and health systems.
- IntelliSep is the first and only FDA-cleared cellular host diagnostic designed for use in the emergency department for rapid sepsis detection.
- Early adoption of IntelliSep has led to faster treatment, reduced mortality, shorter hospital stays, and cost savings for hospitals.
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Yourstory
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Breaking barriers: Insights from TechSparks 2024 on scaling startups globally
- TechSparks 2024 session on scaling startups globally offered valuable insights on navigating global markets.
- Japan aims to increase startup investments and foster globally-operating businesses.
- T-hub empowers startups for global expansion through partnerships with international corporations.
- iStart Rajasthan provides startups with work orders and supports the content economy.
- Panel highlights the importance of embracing AI, emerging technologies, and international collaborations for startup success.
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VIE Stories
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Best Mattress Startups in India for 2025
- Choosing the right mattress can make a huge difference in your daily life and Indian mattress industry has made big strides with new technologies and materials changing how we sleep.
- Popular mattress startups in India for 2025 include Sunday Mattress, Wakefit, The Sleep Company, Sleepy Panda, Duroflex, Coirfit Mattress and more.
- Sunday Mattress is a direct-to-consumer brand offering advanced technology-based mattresses with 5-zone orthopedic support and 100-night trial with a refund option.
- Wakefit offers ergonomic mattresses and home furniture online with a mission to improve sleep quality for Indian households at affordable prices.
- The Sleep Company provides Asia's first and only SmartGRID mattress that adapts to every body shape, along with various sleep products like chairs and recliner beds.
- Sleepy Panda aims to enhance people's sleeping experience by offering comfortable and affordable mattresses with high-quality products and 10-year warranty.
- Duroflex provides different sleep solutions like mattresses, pillows, protectors and other sleep accessories whose Energise range of mattresses have innovative sleep technologies for deep sleep.
- Coirfit is a leading manufacturer of mattresses and pillows with coir mattresses made of durable and highly resistant compression materials.
- Mattress brand Sleepyhead, Kurl-On, Peps Mattress, Flo Mattress, Centuary Mattress, and Sleepwell also provides customized mattresses with durability, comfort, and affordability.
- The startups are improving sleep quality by prioritizing customer satisfaction, sustainability and incorporating advanced technologies in the mattress market.
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Gritdaily
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Brian Bartfeld Reveals the Secrets to Maximizing Your Money
- Brian Bartfeld aims to help clients achieve financial security through personalized strategies.
- He focuses on eliminating risks, fees, and taxes and tailoring financial solutions to meet clients' goals.
- Brian's client-centric approach ensures he deeply understands and addresses each individual's financial concerns.
- He is passionate about empowering his clients and ensuring their financial success.
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VIE Stories
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Amitabh Bachchan Journey Business Investment, Brand Endorsement and Net worth
- Amitabh Bachchan, the iconic Bollywood actor, has had a journey of resilience and legendary success.
- After initial failures, he became a megastar with his powerful performances in films like Zanjeer and Sholay.
- Aside from acting, Bachchan ventured into business and is known for his philanthropy and social impact.
- His net worth is approximately Rs. 1600 Cr, and he has investments in various businesses and endorsements.
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Startupreporter
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Crane India Expands Philanthropy with Mobile Medical Unit in Satara
- Crane India announced its partnership with Apollo Telemedicine Networking Foundation (ATNF) to launch a two-year Mobile Medical Unit (MMU) project in Satara district.
- The MMU is a fully-equipped mobile clinic that offers preventive care, primary health services, diagnostic screenings, and virtual specialist consultations to underserved populations.
- The project is expected to treat over 12,000 patients annually, deliver over 3,600 screenings for non-communicable diseases, and conduct awareness programs for over 3,600 beneficiaries each year.
- Crane India's donation of $148,000 USD (12.3M INR) will support the MMU project's operations, including vehicle procurement, medical equipment, staffing, and medicines.
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Startup Pedia
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Meesho's 9 Day break for employees to 'rest and recharge' after Sale!
- Meesho has announced its fourth consecutive "Reset and Recharge" break, scheduled from October 26 to November 3, 2024.
- The 9-day company-wide break allows all employees to completely unplug, with no laptops, emails, meetings, or work-related activities. The initiative, shared via the company’s LinkedIn post, follows the success of their Mega Blockbuster Sale.
- Meesho emphasized the importance of mental and physical rest, encouraging employees to recharge for a fresh and energized start to the upcoming year. The announcement has been widely praised, with many calling it a positive and employee-friendly move.
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Gritdaily
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How Small Businesses Can Reduce Administrative Overhead
- Small businesses often struggle with handling back-end jobs while also balancing a tight budget.
- Tracking your expenses regularly is the first step to identify where you can reduce overhead costs.
- Outsourcing the employer-related administrative functions to a PEO can save you time and money.
- Focusing on employee retention can help reduce the cost of recruitment, onboarding, and training new staff.
- Low-power standby features and task lighting can reduce electricity bills significantly.
- Going paperless is a dual benefit strategy for saving overhead and reducing impact on the environment.
- Make policies to reduce administrative overhead costs and implement them systematically.
- Analyze your processes and look for redundancies or systems that can be automated.
- Transparency is important, so share your progress with your team to cultivate a sense of ownership toward the end goal.
- By following some simple strategies, businesses can reduce their overhead costs and improve employee morale.
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Gritdaily
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Apex Fusion Secures $6M to Propel Federated Blockchain Network to New Heights
- Apex Fusion has raised $6 million in private funding to push forward its federated multichain blockchain network.
- The funding will accelerate the company’s go-to-market strategy and the development of its Layer 1 blockchain architecture.
- Apex Fusion aims to solve the issue of fragmentation in the blockchain industry by merging isolated networks into a unified system, improving scalability, security, and regulatory compliance.
- The funding signifies growing confidence in Apex Fusion's approach, aiming for large-scale adoption in the enterprise sector.
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Yourstory
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RBI clears appointment of Partha Pratim Sengupta as MD and CEO of Bandhan Bank
- The Reserve Bank of India (RBI) has approved the appointment of Partha Pratim Sengupta as the Managing Director (MD) and Chief Executive Officer (CEO) of Bandhan Bank for a period of three years.
- Sengupta's tenure will begin no later than November 10, 2024.
- He replaces Chandra Sekhar Ghosh, the Founder MD and CEO, who stepped down on July 9.
- Sengupta brings over four decades of experience and has previously served as the Managing Director and CEO of the state-owned Indian Overseas Bank.
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Analyticsindiamag
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How Indian Startups Captured Tata’s Attention Early On
- Ratan Tata, Chairman Emeritus of Tata Sons, passed away on Wednesday, October 9, at the age of 86.
- Tata began his foray into startup investment in 2014 with a minority stake in Snapdeal.
- He invested in nearly 54 startups across diverse sectors, including Ola Electric, Paytm, and FirstCry.
- Tata played a significant role in supporting Indian startups, offering financial aid and valuable insights.
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TechCrunch
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SpaceX alums are working to raise a hefty $550M first deep tech fund
- Interlagos, a venture capital firm started by former senior SpaceX leaders, is aiming to raise $550 million for its first deep tech fund.
- The firm plans to invest in startups across various deep tech sectors and provide capital from inception through Series B.
- The founding team, with their experience at SpaceX and Sequoia, is attracting prospective Limited Partners (LPs) to invest in the fund.
- If Interlagos achieves its target, it would stand out in a downturned VC market and compete against established deep tech VC firms.
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