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Bharat Value Fund invests Rs 122 Cr in hygiene care startup Millennium Babycares

  • Hygiene care startup Millennium Babycares has raised Rs 122 crore in a private placement round.
  • The funding will be used for plant expansions, market expansion, and enhancing value for stakeholders.
  • The investment was led by Bharat Value Fund, a Category II alternative investment fund.
  • Millennium Babycares specializes in baby care, femcare, and adult care products.

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Startupreporter

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Radisson Gurugram, Udyog Vihar Celebrates 7 Years of Excellence

  • Radisson Gurugram, Udyog Vihar celebrates its 7th anniversary this October.
  • The hotel has established itself as a top choice for business and leisure travelers.
  • To mark the occasion, the hotel offers special anniversary promotions and experiences.
  • The hotel remains dedicated to delivering exceptional service and creating unforgettable guest experiences.

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Yourstory

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What’s next in the evolving narrative of talent development?

  • Finding the right tech talent is challenging in the current market.
  • COVID-19 has transformed the way we work, emphasizing the need for future-ready skills and continuous learning.
  • Remote work and AI integration have reshaped the workforce landscape.
  • Assessing tech talent now focuses on skill relevance, resource readiness, creativity, and effective tool application.
  • Creating a culture of continuous learning and offering holistic experiences are crucial for talent retention.
  • Decentralizing talent and tapping into emerging talent hubs in Tier II and III cities is essential.
  • Adaptability, continuous learning, and proactive talent management are key to shaping the workforce of tomorrow.

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TechRound

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10 Startups To Watch in Abu Dhabi, UAE

  • Abu Dhabi, the capital city of the UAE, has been ranked the fastest growing startup ecosystem in MENA.
  • Here are 10 startups in Abu Dhabi worth watching:
  • 1. HydroArtPod: Indoor Plant Pods
  • 2. Grams: Personalised Meal Plans
  • 3. Famunera: B2B Agro Marketplace
  • 4. Lamsa: Educational Content For Children
  • 5. MindTales: Mental Health Support Platform
  • 6. TruKKer: Digital Freight Platform
  • 7. DarDoc: On Demand Healthcare
  • 8. NymCard: Online Payment Solutions
  • 9. Addenda: Motor Insurance And Vehicle Repair
  • 10. Pure Harvest Smart Farms: Tech-Driven Agriculture

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Yourstory

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eBikeGo’s unit acquires 40% stake in Varcas Automobiles

  • eBikeGo's subsidiary, Vajram Electric Ltd, has acquired a 40% stake in Varcas Automobiles, an electric vehicle manufacturer.
  • The acquisition aims to enhance production capabilities and meet the rising demand for electric two-wheelers in India.
  • Vajram Electric plans to leverage Varcas' manufacturing expertise to address the demand for EVs in Tier II and Tier III cities.
  • This acquisition is part of eBikeGo's strategy to expand its presence in the electric vehicle market through partnerships and acquisitions.

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Eu-Startups

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Unleash the power of AI: 10 tools to skyrocket your business

  • Artificial Intelligence (AI) has been a part of our world for a long time, though it often went by different names or was an emerging concept not yet fully understood.
  • In this article, we’ll explore 10 powerful AI-driven tools that can help your business achieve its goals faster and more efficiently.
  • AdCreative.ai helps businesses swiftly produce high-conversion ad creatives such as banners, videos, and product shoots.
  • ElevenLabsis an AI audio platform that specializes in creating realistic speech through text-to-speech, voice cloning, and dubbing technologies.
  • Hire Logic is an AI-powered platform designed to improve hiring decisions by listening to transcribing and analyzing interviews - whether remote or in-person.
  • MeetGeek automates meeting recordings, transcriptions, and AI-generated summaries, improving productivity and team collaboration.
  • SaneBox helps users regain control of their inbox by filtering important emails, eliminating distractions, and boosting productivity.
  • Refresh.me helps individuals and families manage their finances by consolidating bank accounts, transactions, investments, and credit scores in one place.
  • Respond.io helps businesses capture leads, automate chats, and convert conversations into sales across multiple channels.
  • Success.ai enables businesses to scale their lead generation and outreach efforts with AI-powered cold email campaigns.
  • VoiceSpin enhances business communication by providing AI-driven contact center solutions that integrate with CRM systems.

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AllTopStartups

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Tackling the Scale-up Gap: How can Europe Back its Tech Champions?

  • Europe is not producing many global tech giants compared to the US despite having a strong startup ecosystem.
  • Europe has created more high-tech startups than the US, but the EU is not achieving similar levels of success.
  • Study highlights the barriers preventing European startups from scaling up and describes how to overcome the obstacles.
  • Scaleups are entrepreneurial ventures that have reached product-market fit and are now focused on exponential growth.
  • Europe's relatively lower R&D spending and limited access to capital make scaling up more challenging than in the US.
  • Strategies to revive Europe's tech ecosystem and usher in an era of innovation include active participation of pension funds, bolstering innovation hubs and incubators, and reducing barriers to cross-border integration.
  • Europe needs to learn from Silicon Valley's success in venture capital and technology scale-ups to drive innovation.
  • Without significant investment in innovation, it may be some time before Europe produces a global tech giant.

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Yourstory

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Startup news and updates: daily roundup (October 10, 2024)

  • Data engineering startup Datazip raises $1 million in seed funding in a round led by Equirus InnovateX Fund.
  • Game development studio SuperGaming launches the Indus International Tournament with a prize pool of Rs 2.5 crore.
  • Piramal Payment Services receives RBI approval to set up and operate its prepaid payment instrument service.
  • Datazip plans to grow tenfold in the next year and has achieved product-market-fit with 15 onboarded clients.

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Eu-Startups

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EU-Startups Podcast | Episode 90: Sander van de Rijdt, Co-founder and CEO of PlanRadar

  • PlanRadar, a leading player in the construction and real estate project management software industry, is growing rapidly with approximately 500 team members and over €100 million in funding.
  • PlanRadar focuses on digitizing construction and real estate projects and has developed innovative technologies like AI-driven drone 360-degree capturing and PlanRadar SiteView.
  • CEO Sander van de Rijdt highlights the importance of scalable and evolving products, retaining top talent, and the challenges of global market expansion.
  • Acquiring customers through outbound sales and direct communication is crucial, but retaining customers relies on delivering real value through the product.

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UX Design

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Is your company productwashing?

  • The tech industry struggles with effective product management
  • PMs face high firing rates as companies eliminate PM roles
  • Despite the awareness, companies still face the same product management challenges
  • Clear and actionable definition of product management is needed

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VIE Stories

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[Funding News] Economy Process Solutions Secures $12 Mn Series A Funding

  • Economy Process Solutions has secured $12 million in a Series A funding round led by Stakeboat Capital Fund II.
  • The funding will be used to expand the company's global reach, accelerate growth, diversify its product portfolio, and enter new markets.
  • Economy Process Solutions specializes in the design and supply of process equipment and vacuum systems.
  • In the next four to five years, the company aims to expand both domestically and internationally.

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Yourstory

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Non-compliance with best before dates rises among ecommerce, quick commerce platforms: Report

  • About six in 10 customers availing services from quick commerce and ecommerce platforms have reported non-compliance with displaying best before dates and shipping products close to expiry dates.
  • Platforms such as Meesho, Blinkit, Swiggy Instamart, Zepto, Lenskart, JioMart, Myglamm, Snapdeal, and Decathalon are among the non-compliant companies.
  • The concern has been escalated to the Department of Legal Metrology and Central Consumer Protection Authority for enforcement action.
  • Companies like Tata Neu, Flipkart, Myntra, AJIO, and BigBasket are fully compliant in displaying the best before date, while others such as BigBasket Now, Amazon, Amazon Fresh, and MilkBasket are partially compliant.

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StartupDaily

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Marketing analytics startup’s valuation jumps 60% in a year with $17.5 million raise

  • Sydney martech startup Mutinex has raised $17.5 million, doubling its valuation to $132.5 million in just 12 months.
  • The funding will be used for expanding in the US market.
  • Mutinex offers a marketing analytics platform that allows users to analyze and optimize marketing expenditure in real-time.
  • The company has a strong customer base, including Samsung Australia, Asahi Oceania, and ING.

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Eu-Startups

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Prague-based FaceUp raises €2.7 million to foster speak-up culture and scale HR platform globally

  • Prague-based FaceUp has raised €2.7 million in a late seed round led by Reflex Capital, with participation from Tilia Impact Ventures and Lighthouse Ventures.
  • The funds will support the international expansion of FaceUp and the development of new features such as an AI assistant and anonymous reporting solutions for meetings and surveys.
  • The encrypted platform allows employees to anonymously report issues such as harassment and corruption, fostering a speak-up culture within organizations.
  • FaceUp currently serves over 1,500 corporate and 2,000 education sector clients across 60-plus countries and aims to improve employee wellbeing and productivity.

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Inc42

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Delhivery Expands ESOP Pool With Allotment Of 8.6 Lakh Equity Shares

  • Delhivery has announced the allotment of 8.6 lakh equity shares under its employee stock option plans.
  • The allotment consists of 1,21,545 shares under ESOP 2012, 3,50,000 shares under ESOP II 2020, and 3,92,100 shares under ESOP III 2020.
  • The total value of the new allotted shares is approximately INR 35.8 crore.
  • With this allotment, Delhivery's paid-up share capital has increased to INR 74,09,01,946.

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