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Inc42

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Pine Labs To Appoint Avendus Capital’s Sameer Kamath As CFO

  • Pine Labs is appointing Sameer Kamath as its new chief financial officer ahead of the IPO.
  • Sameer Kamath, currently the Group CFO at Avendus Capital, brings over two decades of experience in the financial services sector.
  • Pine Labs filed its DRHP aiming to raise up to INR 2,600 Cr through a fresh issue of shares, along with an offer for sale from key investors.
  • The company plans to use the IPO proceeds for debt repayment, investment in IT assets, and expanding presence outside India.

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SiliconCanals

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Madrid-based TuringDream raises €6M to scale it’s agentic AI platform for education and enterprises

  • Madrid-based TuringDream secures €6M in seed financing led by Adara Ventures and HWK, with participation from Next Tier Ventures.
  • Funds will be utilized to develop TuringDream's Agent Generation Model, vertical applicability, and expand market efforts across Europe, North America, and Latin America.
  • TuringDream develops an Agentic AI Platform enabling organizations to create, deploy, and scale advanced multi-agent-based applications in sectors like education, corporate training, contact centers, IT, banking, and insurance.
  • The company's product TAU, a tutoring platform for secondary school students, uses Multi-Agent Based Assistants (MABAs) for personalized learning, set to launch to the public in September.

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Medium

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How I Automated Lead Routing with n8n and MCP: Key Takeaways

  • The article discusses how the author automated lead routing using n8n and MCP.
  • The automated workflow involved lead submission triggering an n8n workflow, which then utilized an MCP server for smart sales rep assignment.
  • Benefits included instant lead routing, AI-driven decisions for optimal rep assignments, and timely notifications to prevent missed leads.
  • The article also suggests other use cases for AI automation using n8n, such as AI-powered email campaigns and automated data fetching.

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Inc42

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Data Centre Infra Management Startup CIMware Bags $2.3 Mn

  • Data centre infrastructure management startup CIMware has secured $2.3 Mn in a Pre-Series A funding round from Transition VC to enhance hardware production, software team, and cover operating expenses.
  • The Bengaluru-based startup received grants from DoT to develop 20 CIM units for pilot integration with Indian data centers, aiming to provide energy-efficient and cost-effective solutions for AI computing and storage.
  • Founded in 2018, CIMware plans to focus on direct sales in India and the US, with white-labeled deployment in South Asia and expansion through partnerships, targeting AI-centric data centers, telecom networks, and enterprise cloud stacks.
  • While aiming to capture a significant market share by 2027, CIMware faces competition from industry heavyweights like HPE and Cisco in the CIM units space, amidst a growing demand for data centers in India driven by initiatives like the India AI mission.

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Startup Pedia

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Delhi govt directs Labour dept to amend rules to allow women work night shifts with consent

  • Delhi government directs Labour Department to amend rules to allow women to work night shifts with consent.
  • Amendment to labour laws to remove restrictions on women working night shifts.
  • Initiatives to address challenges in business operations and attract industries back to Delhi.
  • Directions given to amend Delhi Shops and Establishment Act and increase worker thresholds for various regulations.

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Medium

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Launching New Fund to Fuel the Next Generation of Nordic Tech Founders

  • Alliance VC is launching a new fund focused on investing in Nordic tech founders, particularly those leveraging AI technology to solve significant problems in areas like business efficiency, climate and energy, fintech, and digital health.
  • The fund plans to invest in 25–30 startups over the next few years, with an initial investment ranging from €300,000 to €3 million across pre-seed, seed, and Series A stages.
  • Alliance VC aims to remain agile in its investments and prioritize partnering with ambitious founders aiming to make a global impact using powerful technology.
  • The Nordic startup ecosystem has seen significant growth, with Alliance VC positioning itself to support the new generation of founders by focusing on companies combining AI technology with real-world impact.

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Eu-Startups

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Dutch AI platform Balthazar raises €1.2 million to build the OS forDeepTech R&D labs

  • Amsterdam-based Balthazar, an AI platform for DeepTech labs, secured €1.2 million in funding, totaling €1.8 million.
  • Funding led by CapitalT and Antler will aid product development, AI enhancement, and team expansion.
  • Balthazar's platform streamlines experiments for DeepTech labs, providing structure and automation.
  • The platform aims to address fragmented systems in DeepTech R&D, offering real-time coordination and integration.

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Inc42

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Govt Likely To Approve Projects Under PLI Scheme By September: Report

  • The Indian government is expected to approve projects under the production-linked incentive (PLI) scheme for electronics components manufacturing by August-September, with more than 100 applications received for manufacturing various electronics components.
  • The scheme aims to attract significant investments, generate employment, and focus on specific disabilities faced by Indian manufacturers in the electronics sector.
  • The Indian electronics market has shown growth, with initiatives like the PLI scheme encouraging domestic manufacturing and reducing reliance on imports.
  • States like Tamil Nadu, Gujarat, and Uttar Pradesh are also introducing policies to boost electronic manufacturing in their regions, further contributing to the growth of the sector.

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Hackernoon

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Here's Why Product and Design Operate Better as One Team

  • AI startups move fast, innovate, and collaborate without set guidelines.
  • Successful companies like Cursor, Bolt, and Midjourney showcase rapid growth with small teams.
  • Blurring the lines between product and design accelerates decision-making and feature development.
  • Prioritizing taste and shared ownership result in more intuitive, thoughtful products.
  • Future product teams will see a merging of roles for faster, seamless collaboration.

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Medium

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♻️ Too Good To Go Didn’t Just Sell Food — It Sold a Movement

  • Too Good To Go successfully leveraged a simple yet effective model to tackle food waste in Europe.
  • The company connected merchants with surplus food to consumers seeking affordable and sustainable meal options through surprise food bags.
  • Their GTM strategy focused on hyperlocal sales activation, mission-led messaging, press coverage, and zero integration onboarding, leading to significant growth and impact.
  • With over 75 million users, 150,000 food partners, and 300 million meals saved, Too Good To Go showcases a sustainable GTM approach that prioritizes user engagement and impact.

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Inc42

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Karnataka Sets Up Working Group To Determine Gig Worker Welfare Fee: Report

  • Karnataka government forms two working groups to determine fee for gig worker welfare.
  • Groups include representatives from platforms, think tanks, technocrats, and tech companies.
  • Proposed ordinance suggests 1-5% charge per transaction for gig workers, but does not specify exact fee.
  • State government considering higher rates for businesses with higher revenues.
  • Eligible for Web Story: true

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Medium

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The iKKO Mind One: A Compact, AI-Powered Smartphone

  • The iKKO Mind One is a compact smartphone designed for portability, measuring just 86x72mm and 8.9mm thin, with a distinct square shape.
  • It features dual operating systems - Android 15 and iKKO's AI OS - offering built-in AI tools for productivity, learning, and entertainment without additional subscriptions.
  • The device boasts a unique rotating 50MP Sony camera that serves as both the front and rear camera, delivering high-quality photos and videos from any angle.
  • Currently launched through a Kickstarter campaign, the iKKO Mind One starts at $299 with a Pro version offering free global internet access in over 60 countries and optional keyboard add-on.

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Gritdaily

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Why Educators and Creators Are Using Geninfinity to Build Instead of Just Consume Content

  • Geninfinity Education is gaining popularity among students, educators, and creators who want to shift from passive learning to active building, offering a platform for creating, collaborating, and owning work.
  • Founded by Ava Tian and Scott Venton, Geninfinity aims to empower young people to build, learn, and be recognized for their work independently of institutional validation.
  • The platform facilitates the transition from consuming information to creating new projects, providing users with tools, blockchain security, and a supportive community to turn their ideas into tangible outcomes.
  • Users on Geninfinity engage in hands-on learning, collaborate on projects, earn Gen tokens for their contributions, and build a digital portfolio showcasing their skills and creativity, ultimately fostering a community-driven approach to skill development and recognition.

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Gritdaily

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A Team’s Surgeon: Dr. Dante Leven’s Collaborative Spirit at Total Orthopedics

  • Dr. Dante Leven at Total Orthopedics is known for his collaborative spirit and ability to connect people, working towards optimal patient outcomes.
  • He collaborates with a diverse team of specialists at Total Orthopedics, including sports medicine physicians, pain management experts, and physical therapists, across 14 locations.
  • Dr. Leven's background in physical therapy allows him to understand and guide patients through post-surgery challenges, setting realistic goals and focusing on individual needs.
  • His teamwork approach ensures patients receive comprehensive care tailored to their needs, supported by effective communication and coordination among providers.

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Hitconsultant

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Handspring Secures $12M to Expand Youth Mental Health Virtual Therapy

  • Handspring, a mental health provider, secures $12M in Series A funding to expand youth mental health virtual therapy.
  • The funding will be used to address the national shortage of qualified pediatric mental health providers and enhance therapist training programs.
  • Handspring focuses on delivering high-impact interventions through structured onboarding, weekly consultations, and various skills-based therapies.
  • The company utilizes a technology stack including AI-powered tools to streamline care delivery and has shown positive outcomes with high family improvement and clinical improvement rates.

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