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Startup News
ISN
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Australian cricketer Glenn Maxwell invests in Indian startup Drive FITT
- Australian cricketer Glenn Maxwell has invested in Indian startup Drive FITT, a membership-based sports club focused on cricket, fitness, and recovery.
- Maxwell's involvement goes beyond financial investment, as he will contribute actively to Drive FITT's training philosophies, recovery programs, and brand representation.
- Drive FITT offers a membership-based model that combines cricket-specific skill development, smart fitness training, and science-backed recovery systems.
- Maxwell's interest in the venture aligns with the evolving trend of elite athletes engaging in performance infrastructure and business off the field.
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Inc42
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Flipkart To Double Down On Quick Commerce In 2025
- Flipkart plans to strengthen its quick commerce play by expanding its brand Flipkart Minutes from 300 stores to around 800 by the end of 2025.
- Flipkart's CEO, Kalyan Krishnamurthy, mentioned that the Indian market has a growing demand for short delivery timelines, convenient transactions, and a wide variety of products.
- Competitors in the quick commerce market, such as Blinkit, Zepto, and Instamart, have been adding dark stores to their networks, intensifying the competition.
- The quick commerce market in India is expected to reach a size of $9.95 Bn by 2029, with quick commerce accounting for over two-thirds of online grocery orders in 2024.
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ISN
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322
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Multi-cloud DBaaS provider Tessell raises $60 million in a Series B funding round
- Multi-cloud DBaaS provider Tessell has raised $60 million in a Series B funding round.
- The funding will be used to accelerate its go-to-market expansion and fuel research and development in AI-powered data management.
- Tessell redefines enterprise data management through its multi-cloud DBaaS platform, offering comprehensive AI-powered database services.
- The startup aims to solve fundamental challenges in cloud-based database management, providing high-performance, cost-effective solutions.
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Economic Times
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129
Image Credit: Economic Times
Health and wellness startup Mosaic Wellness raises Rs 175 crore from Think Investment
- Health and wellness startup Mosaic Wellness has raised Rs 175 crore ($20 million) from Think Investment.
- The funding was raised by issuing 16,279 compulsory convertible preference shares at Rs 1,07,498 each.
- Mosaic Wellness operates brands like Manmatters, Be Bodywise, and Little Joys, offering digital-health clinics.
- In the past few months, several health and wellness startups have also raised funds.
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Medium
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222
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So You Want to Build a Startup?
- AAK Tele-Science offers a project creation hub to turn ideas into investor-ready projects.
- The AI-powered analytics of AAK helps in real-time competitor tracking, market trend forecasting, and funding patterns.
- AAK provides access to a dynamic database of global funding opportunities and automates due diligence.
- The AAK freelancer marketplace allows finding vetted professionals based on AI rankings, ensuring smart contracts, verified tasks, and automated invoicing.
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Alleywatch
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Former Green Beret’s Healthcare Startup Inspiren Raises $35M to Enhance Senior Living
- Inspiren, a healthcare startup founded by former Green Beret Michael Wang, has raised $35 million in funding to improve senior living through AI-driven technology.
- The company's platform integrates care planning, resident safety, emergency response, and staff optimization to address challenges in the senior living industry.
- Inspiren aims to prevent missed revenue, reduce hospital visits, and provide personalized care plans through real-time monitoring and dedicated clinical specialists.
- The $35 million Series A funding was led by Avenir and included participation from other venture partners.
- Inspiren targets the Assisted Living and Memory Care markets in the U.S., which comprise over 1.1 million units in 30,000 communities.
- Investors were impressed with Inspiren's holistic approach to improving resident safety and optimizing operations in senior care facilities.
- The company plans to continue focusing on the assisted living and memory care segments in the near term.
- Amid potential economic slowdowns, Inspiren aims to support its customers by delivering real value and helping them navigate challenges.
- Key upcoming milestones for the company include installing their generation 4 devices to enhance sensor coverage in senior living communities.
- Founder Michael Wang advises companies without fresh capital to build credibility with existing investors and avoid dependency on external financing.
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TechCrunch
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41
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Drafted uses AI and video resumes to help early-career professionals land jobs
- Drafted is a jobs platform that uses AI and video resumes to match early-career professionals with job opportunities.
- The platform has partnered with over 3,500 companies, including startups and Fortune 500 companies.
- Drafted offers a unique approach by utilizing video resumes and AI matching, going beyond the traditional keyword-based method.
- The platform is free for job-seekers and plans to eventually charge a subscription fee for employers based on usage.
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Gritdaily
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Is Your Dog Smarter Than Your Smartwatch? SATELLAI Thinks It Should Be
- SATELLAI Collar, a new AI pet tech gadget, offers advanced features to track and monitor pets.
- The collar provides uninterrupted location tracking in over 180 countries, avoiding limitations of traditional trackers.
- It introduces a fencing system with complex, layered boundaries and adaptability to dogs' actual movements.
- The collar also tracks pet health and behavior, providing insights and customized training assistance.
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Eu-Startups
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Meet the EIC-backed startups that will present on stage at this year’s EU-Startups Summit
- The EU-Startups Summit this year will feature a special section highlighting promising AI-focused startups backed by the EIC.
- These startups are involved in AI and deep tech, addressing challenges in areas like clean energy, agriculture, security, and finance.
- The EIC aims to support European innovation and accelerate the commercialization of disruptive science with a budget of over €10 billion.
- Notable startups presenting include 3Bee from Italy, Cypheme from France, and Efenco from Estonia, each offering innovative solutions in their sectors.
- FLASC from the Netherlands provides non-battery energy storage for offshore renewables, while Mifundo aims to facilitate cross-border credit access in Europe.
- Companies like MITIS are developing low-emission power solutions, and Naco Technologies focus on nano-coatings for the green hydrogen economy.
- SAIA Agrobotics from the Netherlands is revolutionizing greenhouse farming with its AI-powered plant-handling system.
- The article also mentions sponsors like Malta Enterprise, Scytale, Airwallex, and EUROCROWD, supporting economic growth and innovation.
- The European Innovation Council is highlighted for its role in promoting disruptive European science and deep tech innovation.
- The EU-Startups Summit promises to showcase cutting-edge technologies and startups, contributing to Europe's leadership in innovation.
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Economic Times
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16
Image Credit: Economic Times
Startup debate: Food apps meet today's needs, deep-tech will define future, says marketing guru
- India needs to focus on deep-tech industries like AI, EVs, clean energy, robotics, and semiconductors for long-term success, according to marketing guru Rajendra Srivastava.
- Deep-tech ventures require sustained investment and patience due to longer gestation periods and technical risks.
- Historically, Indian investors have prioritized quick returns over long-term deep-tech investments.
- India lacks the policy consistency and funding support for deep-tech innovation compared to countries like China.
- The Indian government has recently introduced a National Deep Tech Startup Policy to support deep-tech firms, but more initiatives are needed.
- Commerce Minister Piyush Goyal's criticism of India's focus on consumer startups has sparked a debate on the need to shift towards more complex technological advancements.
- Rajendra Srivastava emphasizes the importance of balancing consumer apps with deep-tech innovation for India's technological and economic growth.
- To become a technological and economic superpower, India must invest in sectors like AI, clean energy, space, and advanced manufacturing.
- A strategic shift towards deep-tech industries is crucial for India's future success in the evolving global technology landscape.
- Collaboration between government, industry, and academia is necessary to propel India towards building the next-generation technological giants.
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ISN
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4
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Flipkart-owned Cleartrip hires Manjari Singhal as chief growth and business officer
- Flipkart-owned Cleartrip appoints Manjari Singhal as chief growth and business officer.
- Manjari Singhal succeeds Anuj Rathi, who is stepping down.
- Flipkart is focusing on travel as a strategic growth vertical.
- Singhal will oversee Business, Growth, Marketing, and Customer Experience functions at Cleartrip.
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Medium
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389
Image Credit: Medium
How to Spot When a Board Is Actually Blocking Growth
- Some boards actively slow companies down, due to fear, ego, or misaligned incentives.
- Boards that require constant permission stifle progress and create a trust deficit.
- Boards that are silent until there's a problem are not truly supportive.
- Boards focused on self-preservation rather than unlocking company growth hinder progress.
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Startup Pedia
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Image Credit: Startup Pedia
‘What!! Definitely not true’: Nithin Kamath Denies Gifting Luxury Cars To Top Performers At Zerodha
- Zerodha co-founder Nithin Kamath denies gifting luxury cars to top performers at Zerodha.
- A viral LinkedIn post claimed that Kamath gifted over 20 luxury cars to his top employees as a non-cash perk.
- However, Kamath responded and denied the rumors, stating that it is definitely not true.
- The alleged car gifting was seen as a strategic compensation and a way to attract lower taxes than salary.
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SiliconCanals
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French company Klara receives €10M from Endeit Capital and others to accelerate skills development for deskless workers
- Paris-based Klara has raised €10M in a funding round led by Endeit Capital.
- Klara's digital solution aims to provide skills development and training for deskless workers.
- The funding will be used to support Klara's growth and strengthen its position in skills management.
- Klara currently works with major enterprise clients and aims to become a market standard for frontline worker development.
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Economic Times
1w
62
Image Credit: Economic Times
Bower School of Entrepreneurship raises Rs 11.5 crore in seed funding
- Bower School of Entrepreneurship has raised Rs 11.5 crore in seed funding.
- "The investment will accelerate Bower’s mission to replace outdated education models with hands-on, real-world learning—from school classrooms to executive boardrooms through strategic allocations across different verticals."
- Bower plans to launch an undergraduate programme in August 2025 and set up physical campuses in different regions.
- The funding will be used to enhance student experiences, develop an AI-powered course builder, and achieve a revenue target of more than Rs 15 crore.
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