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Startup News
StartupDaily
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VC funding falls in Australia as investors head to the exits
- Venture capital funding in Australia dropped to a multi-quarter low of $695 million in the first quarter of the 2025 financial year.
- The decrease in funding was primarily driven by a decline in mega-rounds.
- Investor sentiment improved, with more investors viewing the market as favorable and reviewing more deals.
- However, startup closures and layoffs increased, and valuations fell between 33% and 42% in the quarter.
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Gritdaily
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Five Things Tennessee Home Buyers Need to Know about the NAR Settlement
- The recent settlement reached by the NAR introduces several significant changes that will impact both home buyers and sellers in Tennessee.
- The National Association of Realtors (NAR) settlement are reshaping the real estate landscape in Tennessee.
- The buyer representation agreement now clearly outline agent services and compensation terms. Buyers have more flexibility to negotiate services and fees.
- Real estate commissions are now more negotiable which may result in lower overall costs for sellers and potential savings for buyers.
- Despite these changes, the cooperative compensation system remains in place in Tennessee, where sellers offer compensation to buyer's agents.
- Realtors play an indispensable role in the home-buying and selling process by helping clients navigate complex negotiations, offering local market knowledge and interpreting the new industry changes.
- Buyers and sellers in growing markets like Nashville, Chattanooga, and Memphis can now engage in more open discussions about compensation and representation, leading to better-informed decisions.
- The NAR settlement marks a significant shift in the real estate industry, particularly for homebuyers and sellers in Tennessee.
- Transparency in agent-client relationships is emphasized which fosters better understanding and trust between buyers and agents.
- Tennessee Realtors offer localized advice specific to the Tennessee housing market, making the process less daunting for new and experienced homeowners alike.
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Medium
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The Power of Prompt Engineering: The Power to Use Natural Language to Connect with the…
- Prompt engineering has revolutionized content creation across various fields.
- It allows users to harness the full potential of AI by asking the right questions in the right way.
- Case studies will be explored to demonstrate the transformative power of prompt engineering.
- Mastering this skill can provide a competitive advantage in personal and business workflows.
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Gritdaily
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Globetrotting Baker Brings Worldwide Flavors to Los Altos, Boulder, and Beyond
- Sweet Diplomacy is a specialty bakery that brings worldwide flavors to Los Altos, Boulder, and beyond.
- Founder Melody Hu's family history of migration and a passion for diverse culinary traditions inspired the bakery.
- Sweet Diplomacy offers special-diet-friendly, gluten-free baked goods that accommodate food allergies and preferences.
- The bakery has expanded from a brick-and-mortar location to nationwide shipping, with a focus on sustainability and inclusivity.
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VIE Stories
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Best Organic Beauty Startups in India in 2025
- Organic beauty startups in India create skincare, haircare and cosmetic products using natural chemical-free ingredients.
- Here is the list of top organic beauty startups in India that are revolutionizing skincare with sustainable, eco-friendly, and natural products. Best way for a healthier and more conscious beauty industry.
- Purplle is an online beauty shopping platform designed for purchasing skincare products tailored to individual hair and skin types and personal preferences.
- SkinKraft's personalized skincare routine includes three products: a cleanser, a moisturizer, and an active treatment.
- MCaffeine is a most popular personal care organic beauty startup in India that offers caffeine-infused products for the face, body and hair.
- Plum sets itself apart by avoiding false promises or taking advantage of people’s insecurities for promotion.
- Earth Rhythm is a PETA-approved organic beauty startup that is not only cruelty-free but also uses ethically sourced ingredients in its wide range of products.
- Purearth is a luxury skincare and wellness beauty startup that creates its products from ethically sourced ingredients from the Himalayas.
- Kama Ayurveda takes a unique approach to beauty with all its formulas and rituals supported by clinical trials.
- SoulTree is an expanding organic beauty brand that has been praised for collaborating with non-profit organizations that help local farmers and rural communities.
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Startupreporter
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Satrangee by Titali Designer Studio Shines at Ahmedabad Times Fashion Week
- Titali Designer Studio, founded by Khushboo Pathak Ruparel, debuted at Ahmedabad Times Fashion Week with their Navratri collection, Satrangee.
- The collection received praise for its fusion of traditional and modern aesthetics, bold designs, luxurious fabrics, and intricate craftsmanship.
- Satrangee offers a range of chaniya cholis made from high-quality gajji silk, adorned with mirror work and threadwork, capturing the essence of Navratri.
- Titali Designer Studio provides customers the opportunity to own these exclusive designs and embrace the vibrant spirit of Navratri.
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Inc42
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PM E-Drive: Centre Tightens Localisation Norms For EV Component Suppliers
- The Centre has tightened localisation norms for EV manufacturers seeking subsidies under PM E-DRIVE scheme.
- Beneficiaries must disclose component sources and notify the ministry of heavy industries of any changes.
- The Centre can claw back subsidies in violation of scheme norms; testing agencies can inspect suppliers.
- The PM E-DRIVE scheme aims to increase EV penetration with subsidies, charging infrastructure support, and local manufacturing.
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Inc42
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Exclusive: Deftouch Bags Funding From KRAFTON, Others To Build Mobile Games
- Deftouch, a gaming publisher, has secured funding from KRAFTON, T-accelerate Capital, and Lumikai.
- The funding will be used to scale up existing games, develop new games, and hire new talent.
- Deftouch plans to experiment with new features and build bold concepts.
- The startup aims to raise its Series A round by the end of next year.
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Inc42
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BioPrime Bags $6 Mn To Develop A New Range Of Bio-Fungicides & Bio-Insecticides
- Agri-focussed biotech startup BioPrime raises $6 Mn in Series A funding round.
- Funding led by Edaphon with participation from Omnivore and Inflexor.
- BioPrime will focus on developing new range of bio-fungicides and bio-insecticides.
- Company aims to enhance offerings to existing customers and enter strategic co-development and licensing partnerships.
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VIE Stories
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[Funding News] Product Design Platform Figr Secures $2.25 Mn Funding from Kalaari Capital, Others
- Bengaluru-based product design startup Figr has secured $2.25 million in Series A funding.
- The funding comes from Antler, Golden Sparrow, individual investors, and Kalaari Capital.
- Figr plans to use the funding to enhance its AI-powered designing platform and develop custom AI models for UI/UX design.
- The company also aims to build dedicated teams for growth and product and expand internationally.
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Economic Times
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Byju’s affiliate drained cash from US units in violation of bankruptcy rules: lawsuit
- Whitehat, a software company controlled by Byju Raveendran, apparently siphoned off nearly $700k meant to pay creditors after being placed under the control of bankruptcy attorney Claudia Springer, according to lawsuit filed at a federal court in Delaware.
- Three other US Byju’s affiliates were also put under Springer’s management and are currently before the state’s bankruptcy court.
- Byju’s itself is facing bankruptcy proceedings in India.
- The move constitutes a violation of US bankruptcy rules and comes amid a larger debacle regarding Byju’s alleged hiding of $553m from its lenders, who are still pursuing the company for the lost funds.
- Byju Raveendran has yet to respond to a request for comment.
- Springer has launched a court case to have the money returned to her control.
- A fraudulent transfer lawsuit has also been launched against Byju’s Alpha at a US bankruptcy court, with lenders reportedly clamouring to reclaim $533m from the company they believe should have gone to them instead.
- Springer has asked for no funds to be transferred out of Whitehat's account while investigations continue, with the attorney alleging individuals with Byju-related email accounts in India have attempted to access the US debtor account in question.
- Lending company Stripe and banking firm Wells Fargo have not yet responded to requests for comment on the status of the case.
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Yourstory
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Customer loyalty on a shoestring: Building strong relationships with limited resources
- Companies can build strong customer loyalty even with limited resources, by utilizing creative and out-of-the-box thinking.
- Understanding customers' preferences, behavior patterns, and preferred modes of communication is crucial for fostering loyalty.
- Personalized connections, building a community, and leveraging social media are effective strategies for connecting with customers on a deeper level.
- Offering exceptional customer service and implementing loyalty programs can further strengthen customer loyalty.
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Gritdaily
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Mastering PR Challenges in Culturally Diverse Markets
- Sawol Communications, led by Ali Hajizade, specializes in helping businesses navigate PR challenges in culturally diverse markets.
- Information overload is a growing concern for businesses as they compete for attention in the digital age.
- Sawol Communications uses an analytical and personalized approach to develop PR campaigns that cut through the noise.
- For U.S. startups expanding into foreign markets, understanding cultural nuances is crucial to successful communication.
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Yourstory
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Wanted to seize first-mover advantage: CEO Amit Ramani on Awfis' IPO
- Awfis, a leading co-working and flexible office space provider, successfully went public in India, solidifying its position in the industry.
- CEO Amit Ramani attributes the decision to go public to the company's unique profit-sharing model and continued investor confidence despite WeWork's failure.
- The pandemic presented challenges for Awfis, but also led to new opportunities as enterprises embraced co-working.
- Awfis focused on Tier II cities in India and capitalized on the increasing demand for flexible workspace solutions.
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Yourstory
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Wanted to seize first-mover advantage: Chairman and MD Amit Ramani on Awfis' IPO
- Awfis, a leading co-working and flexible office space provider, recently went public in India with a successful IPO.
- Chairman and MD Amit Ramani stated that Awfis wanted to seize the first-mover advantage and solidify its position in the co-working industry.
- The company's unique profit-sharing model and continued investor confidence were key motivators for going public.
- Awfis focused on Tier II cities in India and capitalized on the increasing demand for flexible workspace solutions.
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