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Startup News
ISN
7d
175
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EaseMyTrip co-founder Nishant Pitti pledges shares worth Rs 95 crore for 'personal use’
- Nishant Pitti, chairman of EaseMyTrip, pledges 9 crore shares worth Rs 94.5 crore for 'personal use' to Motilal Oswal Financial Services.
- This pledge represents 2.54% of the company's total equity and adds to the existing 8 crore shares already under pledge, bringing the total to 17.01 crore shares.
- Pitti's stake in EaseMyTrip has decreased significantly from 28.13% to 12.8% between March 2024 and March 2025, with notable share sales including a block deal in December raising Rs 78.3 crore.
- The latest pledge raises concerns among investors regarding governance and promoter confidence, as pledging promoter shares for personal use is often seen as a red flag for potential liquidity issues or strategic changes.
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Dev
7d
83
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Introducing RisingWave's Hosted Iceberg Catalog-No External Setup Needed
- RisingWave has launched the Hosted Iceberg Catalog to simplify building real-time data applications by providing a managed, internal catalog option that eliminates the need for external setup.
- The Hosted Iceberg Catalog uses RisingWave's internal metadata store as a functional Iceberg catalog, allowing users to streamline the setup process.
- By enabling the hosted catalog, RisingWave internally manages Iceberg's metadata using a PostgreSQL-based metastore, maintaining compatibility with external tools like Spark, Trino, and Flink.
- This feature simplifies setup, reduces operational overhead, ensures openness, and facilitates integrated workflows within RisingWave, making it easier for users to work with Iceberg tables.
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Eu-Startups
7d
54
Warsaw-based Alsendo expands into Western Europe with the acquisition of Italian shipping platform Spedire.com
- Warsaw-based Alsendo has acquired Italian shipping platforms Spedire.com and SpedirePRO for €5.5 million, marking its expansion into Western Europe.
- The acquisition, supported by Abris Capital Partners, aims to position Alsendo as Europe's leading delivery management and shipping platform.
- Alsendo, specializing in delivery and post-sales processes optimization, offers a range of technology-based shipping services and solutions tailored for e-commerce.
- The acquisition strengthens Alsendo's presence in the logistics sector, aligning with their strategy to consolidate the shipping solutions market in Europe.
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Inc42
7d
369
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ArisInfra Shares Surge Nearly 8% After Co Bags INR 100 Cr Order
- Shares of ArisInfra Solutions surged nearly 8% to close at INR 172.65 today after securing a INR 100 Cr contract for a residential project in Bengaluru.
- The contract obtained by its subsidiary ArisUnitern RE Solutions is expected to contribute INR 100 Cr with high margins to the company's order book.
- ArisInfra's CEO highlighted the significance of the project in expanding their presence in Bengaluru and delivering high-margin projects.
- Despite today's increase, ArisInfra's shares are still down over 17% from its listing price of INR 209 and 24% from its IPO price of INR 222.
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ISN
7d
585
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Logistics platform BlackBuck’s subsidiary gets PPI license from RBI
- TZF Logistics Solutions Pvt. Ltd., a subsidiary of BlackBuck, has obtained a Prepaid Payment Instrument (PPI) license from the RBI for digital payments.
- The PPI license allows TZF Logistics to offer digital wallets and prepaid cards for cashless transactions such as fuel and toll payments.
- This move is aimed at reducing the reliance on cash for trucking community operational expenses in India.
- BlackBuck's integrated platform, including freight marketplace and lending services, is expected to benefit from the addition of digital payment capabilities.
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SiliconCanals
7d
324
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Bitvavo CEO Mark Nuvelstijn steps down permanently following report linking him to ‘miracle investor’ Max R
- Bitvavo CEO Mark Nuvelstijn steps down from his role following a report linking him to 'miracle investor' Max R who has been convicted of fraud.
- Nuvelstijn will not return to an executive role within Bitvavo and his responsibilities will be temporarily taken over by Johan van Olffen.
- The resignation came after concerns were raised about inaccurate transaction details with Max R, leading to a review and revelations of misleading actions by Nuvelstijn.
- Bitvavo recently received a MiCA license in the Netherlands, allowing it to offer services across EU member states under a unified regulatory framework.
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Inc42
7d
207
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Exclusive: Yulu To Raise $8.2 Mn From Cofounders Via Rights Issue
- Electric mobility startup Yulu is raising $8.2 Mn from its cofounders and existing investors via a rights issue.
- Yulu's board passed a resolution to allot Series B3 CCPS to existing shareholders, including cofounders and key investors Bajaj Auto and Magna International.
- Yulu also raised $2.9 Mn from Magna International through the allotment of Series B3 CCPS.
- Yulu plans to raise $100 Mn in its upcoming Series C round and has turned EBITDA positive for a few months in FY25.
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Medium
7d
216
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Should You Raise Money or Go It Alone? Here’s What I Think
- Choosing between raising money or bootstrapping for your startup is a tough decision.
- Raising funds can provide resources for rapid growth but comes with loss of control.
- Bootstrapping offers independence and ownership, but progress may be slower and more challenging.
- The decision should be made consciously, weighing the pros and cons of each path.
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SiliconCanals
7d
62
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Leiden-based Currentt secures €1.7M for the nationwide rollout of its cyber-secure and energy management system
- Leiden-based Currentt secures €1.7M in funding for the nationwide rollout of its energy management system, the Currentt Navigator, aimed at addressing grid congestion, phase-out of net metering, and cyber risks in the energy sector.
- The investment from a group of investors and entrepreneurs with expertise across the energy value chain supports Currentt's goal of enabling businesses and households to manage energy locally and securely.
- Currentt, founded in 2024, aims to solve the Dutch electricity grid congestion problem, affecting businesses and consumers, by maximizing local use of sustainable electricity through the Currentt Navigator system.
- The Currentt Navigator coordinates energy generation, consumption, and storage by controlling devices, providing local control, cost reduction, cybersecurity, and stability while supporting the transition to sustainable energy.
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Inc42
7d
16
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Karnataka Goes All Out To Curb Fake News, But At What Cost?
- Karnataka introduces Misinformation and Fake News (Prohibition) Bill, raising concerns over censorship.
- Bill proposes penalties for spreading misinformation on digital platforms, prompting fear of misuse.
- Vague terms like 'anti-feminist' and 'insults to Sanatan symbols' spark worries about selective enforcement.
- Draft bill seeks to regulate social media, putting liability on individuals and tech companies.
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ISN
7d
852
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Sachin Tendulkar-endorsed Kissht adds Policybazaar co-founder, AB Fashion CEO to board ahead of IPO
- Sachin Tendulkar-endorsed digital lending platform Kissht appoints Alok Bansal, co-founder of Policybazaar, and Sangeeta Pendurkar, former CEO of Aditya Birla Fashion and Retail, as independent directors ahead of its IPO filing.
- The move aims to enhance corporate governance and signal maturity to public market investors as Kissht prepares to transition to a public limited company and file its DRHP with SEBI this month.
- Kissht, founded in 2015, offers an array of secured and unsecured loans, expanding into the secured credit space with a digital Loan Against Property offering. The upcoming IPO will include a fresh issue of equity shares and an offer for sale, following a recent $80 million funding round.
- With over 10 million customers in India, Kissht's AUM surpassed Rs 4,200 crore ($502 million) in FY 2025. Sachin Tendulkar is both a strategic investor and ambassador for the firm.
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Startup Pedia
7d
17
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Indian techie Soham Parekh admits to moonlighting, opens up after allegedly scamming multiple US startup founders
- Indian techie Soham Parekh admits to moonlighting and scamming multiple US startup founders.
- Parekh confesses to working at multiple startups simultaneously, misleading employers by working under false pretences.
- He claims financial necessity, not greed, as the driving force behind his actions.
- The Playground AI founder accused Parekh of working at multiple startups concurrently and faking 90% of his resume.
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AllTopStartups
7d
4
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Building Connections: 8 Strategies to Strengthen Relationships at Work and Home
- Quality relationships are crucial for happiness and well-being, even surpassing other factors.
- Strategies include taking time to know others, checking in often, and embracing common ground.
- Being authentic, reliable, and stepping out of comfort zones are key to building connections.
- Spontaneity and asking questions respectfully also contribute to fostering enduring relationships.
- Ultimately, prioritizing relationship-building contributes to a more cohesive and resilient community.
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VC Cafe
7d
295
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Weekly Firgun Newsletter – July 4 2025
- A warm welcome to new readers interested in 'Firgun' - Israeli culture concept.
- Israel's startup ecosystem shows resilience with $9.3 billion fundraising in first half of 2025.
- Tech world updates include Meta's Superintelligence team, Google's Veo3 rollout, and more.
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Startup Story
7d
1.3k
Image Credit: Startup Story
Improving your career with joining the best online MBA in HR
- Indira Gandhi National Open University (IGNOU) offers flexible and accessible learning options for individuals looking to advance their careers through distance education, with a strong reputation in the field.
- IGNOU is a renowned choice for online education, known for its affordability and quality education, especially in the field of distance education, with a strong track record since its establishment in 1985.
- IGNOU provides an Online MBA in Human Resource Management (HR) program, offering flexibility in scheduling, high-quality education, and a focus on student success, making it an ideal choice for HR professionals looking to enhance their skills.
- The IGNOU MBA in HR curriculum is designed to equip students with advanced skills in workforce management, organizational behavior, and HR analytics, offering self-learning resources, web lectures, and virtual lessons for a comprehensive learning experience.
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