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Startup News
Inc42
1w
297
Image Credit: Inc42
Exclusive: IPO-Bound NoPaperForms Converts Into Public Entity
- NoPaperForms, backed by Info Edge, has converted into a public entity to prepare for its IPO.
- The startup's board approved the conversion, dropping 'private' from its name, now called 'NoPaperForms Solutions Limited.'
- The SaaS startup, also known as Meritto, is expected to file IPO papers for a public issue aiming to value the company at around INR 2,000 Cr ($234 Mn) by the end of 2025.
- The startup, founded in 2017, offers software products for the education industry. It turned profitable in FY24 with a revenue of INR 70 Cr and a profit of INR 4 Lakh.
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ISN
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189
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This Indian startup has raised $4.15 million to revolutionize chip design with GenAI
- Bengaluru-based deeptech startup Maieutic Semiconductor has raised $4.15 million in a seed funding round co-led by Endiya Partners and Exfinity Venture Partners.
- The funding aims to revolutionize chip design by leveraging generative AI in the design and development workflows, addressing complex challenges in the semiconductor design industry.
- Maieutic Semiconductor's GenAI-first platform accelerates chip design processes, domain expert reviews, and analysis of design trade-offs, allowing for faster time-to-market.
- The founding team, with industry veterans and significant experience, plans to expand its engineering team and enhance productivity in semiconductor design with cutting-edge AI techniques.
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Inc42
1w
33
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Zomato Long-Distance Fee: NRAI To Act On Restaurants’ Complaints
- NRAI is set to discuss Zomato's long-distance service fee with CEO Deepinder Goyal this month following complaints from restaurants.
- Restaurants have raised concerns over Zomato's service charge for long-distance deliveries, alleging it breaches the 30% commission cap.
- Apart from the fee, restaurants are unhappy with Zomato trying to change agreements and introduce penalties for maintaining price parity.
- Eternal, Zomato's parent company, aims to boost revenue amidst a slowdown by introducing new monetization models and exploring partnerships for food deliveries.
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Inc42
1w
314
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Can Swiggy Crew Deliver Luxury On Demand?
- Swiggy introduced Crew for premium services targeting affluent, demanding personalized experiences and lifestyle services.
- With a rise in India's wealthy individuals, Swiggy aims to provide travel and lifestyle concierge.
- Competing with startups like Indulge and Red Beryl, Swiggy plans to cater to growing upper-middle class.
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Eu-Startups
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352
Munich-based EDURINO raises €17 million to give children a responsible, playful entry into the world of digital education
- German EdTech startup EDURINO raises €17 million in Series B financing to become Europe’s leading platform for educational gaming for children.
- The funding round was led by Ravensburger Next Ventures with participation from various investors, aiming to set the standard for digital learning at pre-school and primary school age.
- EDURINO combines educational games, ergonomic input tools, and animated characters teaching skills like reading, coding, and environmental awareness. They have sold over one million products and are used in more than 1,500 educational institutions.
- The company plans to focus on platform development, international scaling, and retail expansion with the Series B funding. They aim to create interactive learning experiences and make education an emotional experience for families.
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Inc42
1w
201
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Peak XV Invests In Fitternity Founder’s Fertility Startup Luma
- Venture capital firm Peak XV Partners has invested in the fertility-focused healthtech startup Luma Fertility, backing the startup's $4 million seed funding round led by its seed platform, Surge.
- Luma Fertility plans to use the funding to expand its presence in Mumbai and aims to establish 50 clinics in metro cities to address the growing concern of infertility in India.
- Founded in 2024 by Neha Motwani, who previously founded Fitternity, Luma Fertility aims to revolutionize fertility care in India by offering services such as IVF, egg and embryo freezing, and at-home semen analysis.
- The market for fertility treatments in India is expected to reach $5 billion by 2033, with Luma Fertility competing with both new-age startups and established players in the industry.
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Medium
1w
348
What is a media exclusive, and when and how to negotiate one
- An exclusive in media relations can be strategically beneficial in certain situations.
- Examples of when to negotiate an exclusive include having sensitive news, ensuring a positive narrative, or targeting specific media coverage.
- Negotiating an exclusive can help maintain control of the message, secure coverage in competitive situations, or minimize attention when necessary.
- Exclusives can be used to shape how news is portrayed and strategically manage media attention.
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Inc42
1w
100
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YourNest VC On Finding The Patient Capital Fuel That Indian Deeptech Needs
- Indian deeptech ecosystem is gaining momentum with growing startups focused on innovative solutions.
- YourNest VC's Sunil Goyal discusses the evolution of deeptech, investment strategies, and future trends.
- Focus on nurturing global market leaders, IP-led innovations, and long-term capital for deeptech growth.
- Government initiatives, collaborations among VCs, entrepreneurs, and talent crucial for fostering innovation.
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ISN
1w
335
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Shark Tank India-featured FitFeast raises Rs 5.5 crore in a seed funding round
- FitFeast, a digital-first nutrition brand focusing on protein-enriched food products, raises Rs 5.5 crore in seed funding led by Inflection Point Ventures.
- The funding round included investors like Raghav Singhal, Santosh Govindaraju, and senior HSBC executives, aiming to expand its product line adapted to Indian tastes.
- The startup plans to use the capital for market expansion, leadership hiring, and innovation in protein formats, targeting metropolitan and Tier-1 markets.
- FitFeast, post Shark Tank India feature, caught the attention of investors like Shane Watson and Axar Patel, experiencing rapid growth with monthly revenues exceeding Rs 50 lakh.
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Eu-Startups
1w
239
EU-Startups Podcast | Episode 124: Charlie MacGregor, Founder and CEO of The Social Hub
- Charlie MacGregor, Founder and CEO of The Social Hub, discusses reimagining hospitality and community in the 21st century.
- The Social Hub, originally The Student Hotel in Amsterdam, is a hybrid brand combining various shared spaces for travellers, students, remote workers, and locals across Europe.
- Key topics include the importance of belonging in business, creating diverse communities, design's role in fostering connections, and building spaces for purposeful interactions.
- The episode emphasizes the shift towards connection-focused hospitality, the significance of design in behavior, scaling purpose with profit, human-centered growth, and the future of localized hospitality.
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VC Cafe
1w
255
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The AI Elephant in the Room
- AI startups are commanding sky-high valuations with little revenue or profitability.
- Investors focus on talent, data assets, and algorithmic capabilities to gauge long-term value.
- Valuations pose whether they reflect future profitability or exuberant 'vibe valuing'.
- Talent war intensifies as top AI engineers attract massive pay packages from tech giants.
- Market in speculative phase, with high valuations and demand for elite talent.
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SiliconCanals
1w
209
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UK’s HIVED lands €35.5M to expand its AI logistics platform and electric delivery fleet
- UK-based HIVED, an AI-powered parcel delivery startup, secures €35.5M in Series B funding led by NordicNinja to expand its operations and electric delivery fleet.
- The funding will be used to accelerate HIVED's UK rollout, enhance its engineering and data team, and scale the development of its proprietary logistics intelligence platform, HIVEDmind.
- HIVED, founded in 2021, offers customer-centric, tech-enabled, and all-electric parcel delivery services using its AI-driven platform to revolutionize the delivery experience.
- The company has achieved significant milestones by delivering over 6.5 million parcels in Greater London with impressive on-time delivery rates and high customer satisfaction, surpassing industry averages.
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Eu-Startups
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289
Swiss cloud platform Impossible Cloud Network (ICN) secures €28.8 million to become an alternative to “monopolistic hyperscalers”
- Swiss cloud platform Impossible Cloud Network (ICN) based in Zug secures €28.8 million in funding, reaching a post-money valuation of over €398 million.
- The funding round led by NGP Capital includes investments from 1kx, Protocol Labs, No Limit Holdings, and HV Capital, with the launch of ICN's native token $ICNT.
- ICN aims to challenge Big Tech giants like Amazon Web Services by offering decentralized cloud services, currently generating €5.9 million in ARR with a vision for over 200 cloud services.
- The platform provides enterprise-grade, decentralized storage and compute solutions, positioning itself as a cost-effective alternative to traditional hyperscalers, with plans to expand services into compute, AI inference, and edge networking.
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Eu-Startups
1w
146
British robotics company AssetCool raises €11.5 million to scale rapid robotic grid upgrade technology globally
- Leeds-based AssetCool, a DeepTech company, raised €11.5 million in a Series A funding round to scale its proprietary robotics technology globally.
- The funding round was oversubscribed and led by Energy Impact Partners, with participation from other investors including Extantia Capital and Taronga Group.
- AssetCool focuses on innovating robotics and coatings for power lines, aiming to enhance grid efficiency and resilience.
- The company's technology increases power line capacity through the application of thermal-management nanomaterials, offering a cost-effective solution to address grid congestion.
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AllTopStartups
1w
176
Image Credit: AllTopStartups
The Rise Of Cloud-Based Solutions For Car Workshops
- Cloud-based solutions revolutionize car workshops with automation, inventory management, and customer relationships.
- Emerging technologies like AI, CRM systems, and predictive maintenance optimize operations efficiently.
- Cloud-based tools enhance customer experiences, operational agility, and cost-efficiency in automotive businesses.
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