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Startup News
Medium
1w
93
Sourcing and Exits-1
- Sourcing is a critical aspect of a VC's success, with traditional methods relying on personal networks, while newer data-driven approaches are gaining popularity.
- Firms like SignalFire use data-driven sourcing, tracking millions of companies and data points to identify growth patterns, offering proactive opportunity sets.
- Due diligence involves thorough assessment, including data requests, team evaluation, and transparency, crucial for building trust.
- VCs focus on value creation, leadership qualities, and avoiding biases during the diligence process to find strong investment opportunities.
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ISN
1w
4
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Technology company LTIMindtree launches GCC-as-a-Service
- LTIMindtree launches GCC-as-a-Service to help organizations establish and scale global capability centers for cost optimization and added value.
- The service offers Build, Operate, Transform, and Transfer models, allowing clients to customize according to their needs.
- GCC-as-a-Service commercials are based on per-seat or per-service models for cost efficiency and value realization.
- The offering includes a range of services such as talent solutions, industry-specific offerings, and AI ecosystems to drive innovation and competitiveness.
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Medium
1w
379
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There’s an Agent for That? Not So Fast.
- The shift from apps to agents in production systems comes with challenges related to cost, trust, architecture, regulation, and business models.
- Multi-agent systems consume significantly more tokens than single-agent workflows, affecting the design and cost considerations.
- Real production systems often amplify existing infrastructure with agents rather than building from scratch to ensure reliability and efficiency.
- The focus on vertical, domain-heavy industries with complex needs like finance and compliance proves more successful for agents, highlighting the importance of explainability and audit trails.
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Startup Story
1w
200
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Walko Food Company Acquires Meemee’s Ice Creams, Enters Artisanal Dessert Segment
- Walko Food Company has acquired Mumbai-based Meemee’s Ice Creams to enter India's artisanal dessert segment.
- The acquisition aims to expand product offerings and presence, enabling diversification into new dessert categories.
- Walko reported significant financial growth, recording operating revenue doubling to INR 2.40 Cr in FY24.
- The acquisition follows Walko's $20 million fundraise from Jungle Ventures and signifies the company's positioning in the competitive Indian ice cream market.
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Inc42
1w
288
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Exclusive: InCred Finance Bags INR 400 Cr Debt Funding From Morgan Stanley, Others
- InCred Finance, the lending arm of InCred Group, raised INR 400 Cr in debt funding from Morgan Stanley, Nippon Life India, and others. It also secured an equity funding of INR 40 Cr from its parent company.
- The fundraise involved 40,000 non-convertible debentures issued at INR 1 Lakh apiece. Morgan Stanley India Primary Dealer invested INR 300 Cr, Nippon Life India put in INR 50 Cr, and the rest came from InCred Group's entities.
- InCred Finance is gearing up for an IPO valued between INR 4,000 Cr to INR 5,000 Cr later this year. The company recently acquired TruCap Finance's gold loan division for diversification.
- InCred Finance reported an 18% YoY increase in net profit to INR 374 Cr in FY25, with operating revenue surging 47% to INR 1,871.9 Cr. Founded in 2016, InCred Group operates in the BFSI sector through multiple entities.
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TechCrunch
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342
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Writer CEO May Habib to take the AI Stage at TechCrunch Disrupt 2025
- May Habib, CEO and co-founder of Writer, will participate in a fireside chat at TechCrunch Disrupt 2025 to discuss enterprise AI operationalization.
- Writer's AI agent platform is being used by companies like Uber, Intuit, Accenture, and Vanguard to transform critical operations.
- Under Habib's leadership, Writer has raised over $326 million, attained a $1.9 billion valuation, and established an enterprise-specific AI research lab.
- The fireside chat will explore current deployments of enterprise AI agents, responsible scalability, and future preparations, offering insights into the shift from AI experimentation to implementation.
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ISN
1w
238
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Swiggy launches '99 Store' for budget-friendly meals in 175 cities
- Swiggy has launched the '99 Store' offering single-serve meals priced between Rs 49 and Rs 149 in 175 cities including Bengaluru, Delhi, and Mumbai.
- Rapido, backed by Swiggy, is set to launch 'Ownly', a budget meal delivery app in Bengaluru, posing competition with a focus on affordability.
- Swiggy's '99 Store' features rolls, biryanis, thalis, etc., with flat pricing and zero delivery fees for orders above Rs 99 in 'Eco Saver' mode.
- CEO Rohit Kapoor stated that the '99 Store' aims to offer value-driven meal options and has partnered with various local eateries and QSR brands.
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Medium
1w
171
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How We Prioritized What to Build First in Our Pet Care App
- The focus on preventative pet care led to the creation of Every Wag, aiming to simplify pet care management for overwhelmed pet owners.
- The team prioritized features by analyzing existing pet care apps to determine necessary elements, desirable additions, and areas for innovation.
- User feedback and research highlighted the need to reduce friction in pet care routines and simplify task completion for pet parents.
- Key features of the app included pre-built common events, simplified scheduling for multiple pets, and streamlined task completion directly from notifications.
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Startup Story
1w
280
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Lamark Biotech Raises ₹6.5 Cr in Pre-Series A Round to Advance Thermostable Insulin Innovation
- Ahmedabad-based biopharma startup Lamark Biotech raised ₹6.5 crore in a pre-Series A funding round led by IAN Group and other investors.
- Lamark Biotech focuses on drug delivery innovations for chronic diseases using its proprietary ProteoStrong platform to stabilize protein-based therapeutics like insulin.
- The startup plans to use the funding to advance its thermostable insulin formulation, InsulinStrong, crucial for regions with poor cold chain infrastructure.
- Lamark Biotech aims to expand its biologics pipeline, file international patents, conduct early clinical trials, and establish partnerships with pharmaceutical companies and global health organizations.
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Inc42
1w
302
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EaseMyTrip’s Nishant Pitti Pledges Shares Worth INR 95 Cr For ‘Personal Use’
- EaseMyTrip's chairman, Nishant Pitti, has pledged 9 Cr shares worth INR 94.5 Cr to Motilal Oswal Financial Services for 'personal use'.
- This represents 2.54% stake in the online travel aggregator and about 13% of Pitti's total shares in the company.
- Pitti has been reducing his stake in EaseMyTrip, with his total stake decreasing from 28.13% to 12.8% in the last year.
- He has assured investors that the sell-off does not reflect a lack of confidence in the company's future, focusing on a new venture investment initiative named EaseMyTirp 2.0.
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Eu-Startups
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12
Paris-based Solarock raises €7 million to innovate solar energy with a new franchise network
- Solarock, a player in solar self-consumption in France, secured €7 million in funding to launch a franchise network and develop innovative solar solutions.
- The funding round involved investors like Pale Blue Dot, Noa, Ring Capital, and Kima Ventures with the aim of expanding Solarock's success nationally.
- Solarock offers a comprehensive photovoltaic solution, including storage solutions, monitoring, and guidance for maximizing self-consumption, aiming to tap into the vast potential of the French residential solar market.
- With plans to scale its franchise model, enhance R&D capabilities, and develop smart control technology for energy optimization, Solarock is focused on advancing solar energy adoption in France.
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Inc42
1w
259
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WEH Ventures Exits smallcase With 38% IRR
- WEH Ventures has exited invest tech startup smallcase with a 38% internal rate of return (IRR).
- WEH Ventures first invested in smallcase in 2018 from its INR 20 Cr Fund I and has achieved a complete return of capital on its investment.
- The VC firm invested INR 5 Cr in smallcase across all funding rounds till Series C. smallcase has seen an 80X growth in revenue since its seed funding.
- Founded in 2016, smallcase offers users professionally built baskets of stocks or ETFs called 'smallcases.' WEH Ventures exited during smallcase's $50 Mn Series D funding round led by Elev8 Venture Partners.
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ISN
1w
35
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MobiKwik's subsidiary gets SEBI approval to act as a stock broker
- MobiKwik's subsidiary, Mobikwik Securities Broking Private Limited, has obtained SEBI approval to operate as a stockbroker.
- The SEBI registration, issued on July 01, 2025, allows MSBPL to engage in buying, selling, clearing, and settlement of equity trades.
- MobiKwik, the parent company, aims to leverage this approval to enhance its wealth distribution vertical and expand its presence in the capital markets.
- With this new license, MobiKwik strives to simplify investing for retail investors and strengthen its position as a full-stack fintech platform.
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Startup Pedia
1w
923
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Indian-origin entrepreneur Balaji Srinivasan buys private island near Singapore to build new nation for techies
- Indian-origin tech entrepreneur Balaji Srinivasan has purchased a private island near Singapore to establish a 'Network State' for techies, creators, and founders.
- Srinivasan's project, 'The Network School', is a three-month residential program focusing on entrepreneurship, emerging tech, and personal development.
- The long-term goal is to create a borderless, crowd-funded nation for digital nomads and tech-savvy changemakers, as outlined in Srinivasan's book 'The Network State'.
- Participants, like content creator Nick Peterson, have praised the initiative, highlighting the island as an experimental hub for innovative communities focused on truth, health, and wealth.
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Eu-Startups
1w
234
Building the future: Hardware startups solving global challenges with Onshape (Sponsored)
- Hardware startups face urgent global challenges but traditional tools can limit solutions.
- Accelerators like Carbon13 and mHUB partner with Onshape for world-class collaboration.
- Onshape's cloud-native platform empowers startups to innovate faster and across borders.
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