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VC Cafe
5d
28
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The AI Services Revolution: Why VCs Are Betting Big on Agentic AI
- Agentic AI is the evolution of AI, which now allows AI systems to take initiative and complete complex workflows without human intervention and make intelligent decisions.
- VCs have earmarked agentic AI as a $4 trillion opportunity in the future, as AI is expected to disrupt services, labor, and software markets across various industries.
- In October 2024, $12.2 billion worth of investments was made in agentic AI, which accounted for 38% of the total funding in that month.
- There are several agentic AI startups and categories that investors are excited about, such as AI-natives, systems of agents, unstructured data infrastructure, AI-powered design tools, and human-AI collaboration platforms.
- Founders can reinvest in SaaS by building intelligence-first applications and adopting new design patterns that leverage agentic AI’s capabilities.
- Winning AI companies will be those that own valuable data sources, solve real labor shortages, and create entirely new service categories with AI at the core.
- The next 18-24 months will be a critical phase of early adoption to prove use cases and business models concerning agentic AI revolution.
- Companies that win in agentic AI space will be those that address ethical concerns head-on, build trust with both users and regulators and have the best technology.
- VCS and Remagine Ventures are already investing in products in the agentic AI space, such as a product manager co-pilot and an agent-to-agent service for the transactional web.
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Medium
5d
263
Decoding AI Startup Valuations: Investor Expectations and Market Dynamics
- AI startups are securing higher valuations compared to non-AI counterparts.
- In 2023, early-stage AI companies achieved valuations over 20% higher than other startups.
- Investors are drawn to AI's rapid advancements and potential to revolutionize business models.
- The elevated valuations reflect investor confidence in the transformative potential of artificial intelligence.
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Medium
6d
61
AI Startups Attract Record Investments Amid Rapid Technological Advancements
- AI startups are attracting record investments due to rapid technological advancements.
- Notable AI startups are making significant strides in diverse sectors like healthcare, aerospace, and defense.
- The pharmaceutical industry is leveraging AI to expedite drug discovery processes.
- Physical Intelligence, an AI startup, has secured $400 million in funding to create general-purpose AI models for robots.
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Inc42
6d
139
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Meesho’s FY24 Net Loss Declines 82% To INR 305 Cr
- Ecommerce major Meesho's net loss for FY24 declined by 82% to INR 305 Cr compared to the previous year.
- The improvement in net loss can be attributed to improved margins and strong revenue growth.
- Meesho's operating revenue increased by 32.8% to INR 7,614.9 Cr in FY24.
- The company relies on advertising and marketing income from sellers and focuses on Tier II & III cities for revenue.
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Startup Pedia
6d
374
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Zomato’s Deepinder Goyal Reveals Why His Food App Sends Flirty Texts to Customers
- Zomato CEO Deepinder Goyal appeared on 'The Great Indian Kapil Show' and discussed the company's flirty texts notifications to customers.
- Goyal explained that these messages are curated by the young and innovative marketing team to engage users and add a fun touch to the Zomato experience.
- During the show, comedian Kapil Sharma jokingly questioned if Goyal accidentally sends these flirty messages to clients instead of his wife.
- The trailer also showcased the participation of Infosys founder Narayana Murthy and his wife Sudha Murthy, adding to the laughter and camaraderie among the guests.
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VIE Stories
6d
57
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Shark Tank USA Season 16 Episode 04
- Shark Tank USA is back with the fourth episode of Season 16, bringing innovative startups looking for investment and support from the Sharks.
- In this episode, the panel of Sharks included Mark Cuban, Lori Greiner, Kevin O'Leary, and guest judge Robert Herjavec and Daniel Lubetzky.
- The episode featured four startups, including Finneato Fysh Foods, Terrashroom, Moonies, and 1920.
- Finneato Fysh Foods offers plant-based seafood called FYSH, which is made from tapioca, vegetables, and sea algae. Shark Daniel Lubetzky invested $150K for 30% of the business.
- Terrashroom offers an intelligent plug-and-play mushroom growing system. Due to its limited sales, Sharks couldn't find justification to invest.
- Moonies offers premium swimming trunks for men made from 86% recycled polyester. Sharks appreciated the appeal but saw it as a risky investment and didn't invest.
- 1920 creates multifunctional clothing designed for everyday use, which can easily be converted into bags. Shark Robert Herjavec invested $250K for 25% of the business.
- In this episode, only two startups secured deals, while the others left with valuable feedback and insights for the future.
- Entrepreneurs showcased their groundbreaking concepts, and Sharks had tough decisions to make about which ventures could be their worthy partnership. The episode was packed with excitement.
- Sharks critiqued every aspect of the business model, questioning profits, scalability, and potential growth, offering valuable advice for growth.
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Startup Pedia
6d
173
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Surat Girl Makes Lakhs Monthly By Selling Donuts From Home
- Muskan Jain, a resident of Surat, started baking during the pandemic and turned her passion into a successful business - Donuterria, selling homemade donuts.
- She started this venture with minimum investment of just ingredients in her kitchen, when the demand was slow, she started setting up small stalls in the city and gave out free samples to create awareness about the product in order to boost the demand for donuts.
- Muskan became a personal brand by promoting the Donuterria on Instagram and posting everyday journey with lots of traction on the page, increase in the number of regular orders, and establishment of Donuterria’s market credibility.
- She started hosting online workshops to teach people everything from basic to advanced donut recipes and secret techniques for creating a successful batch.
- Today, Donuterria sells 300 donuts every single day with a revenue of lakh monthly. The brand is looking to scale even further and become a national brand in the coming years.
- Muskan Jain has trained over 1,500 people who have attended her workshops from across India, Australia, the USA, and even Pakistan.
- Donuterria is revolutionizing the way Surat views donuts, and is becoming synonymous with the product.
- Surat being a traditional city, donuts are yet to become popular. However, Muskan Jain is all set to make Donuterria a national brand with her dedicated team of cooks, packers, and delivery people.
- To order from Donuterria, one needs to send a DM to their Instagram handle.
- This story depicts the power of social media and how it can bring incredible change in a business’s growth and success.
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ISN
6d
281
Image Credit: ISN
Wealthtech startup Nivesh acquires Wealthzi for an undisclosed sum
- Wealthtech firm Nivesh has acquired Wealthzi, a wealth management platform, in a strategic move to expand its product offerings and serve a broader range of clients, including affluent and high-net-worth individuals (HNIs).
- The financial details of the deal remain undisclosed. The acquisition allows Nivesh to utilize Wealthzi's SEBI-registered investment advisory (RIA) license to offer enhanced investment advisory services.
- Nivesh, founded in 2016, is known for its AI-powered investment solutions and manages assets worth Rs 2,000 crore, while Wealthzi, founded in 2020, manages assets of more than Rs 500 crore.
- The acquisition will create significant synergies, enabling the combined entity to offer an expanded product suite and leverage Nivesh's technological infrastructure to enhance user experience and scale business operations.
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Gritdaily
6d
230
Image Credit: Gritdaily
Steffie Chau Transforms a Midtown Apartment Into a Gallery
- Steffie Chau, a Hong Kong-born artist now based in New York, has turned her living room into a gallery space to showcase works of emerging artists. Chau's art practice is deeply intertwined with her curatorial approach, both driven by themes of migration and emotional resonance of personal experiences. Now, she runs the artist-run gallery l'appartement 49c where the exhibition is experienced in the lived context rather than in a sterile gallery environment. She encourages young creatives to find their voice via open-minded collaborations.
- Chau’s idea of turning her apartment into a gallery space evolved gradually. Inspired by the kitchen show of Hans Ulrich Obrist as well as other apartment galleries, she wanted to create an intimate setting where art could exist alongside everyday life in honour of the rich history of unconventional spaces in the art world.
- Chau's art has evolved, reflecting her experiences and curiosities of life. She is currently exploring the transformative nature of liminality, which she believes can foster growth and introspection. Apart from that, she is also experimenting with materials that evoke a sense of intimacy.
- Chau’s curatorial approach is characterized by themes of migration and the emotional resonance of personal experiences. She strives to reflect on how each artwork speaks to the space and the narratives her team carries while curating the exhibitions for the gallery.
- She wants to maintain the organic nature of l’appartement 49c while exploring ways to expand its reach and impact, believing in the power of intimate spaces to foster meaningful dialogues. In addition, Chau is interested in pop-up exhibitions or workshops that bring together diverse communities to share stories.
- Chau encourages young creatives to stay authentic to their values while remaining open to collaboration and learning. She advises young creatives to build a community around their work, seek connections and collaboration with other artists, curators, and organizations.
- Art is a powerful tool for storytelling and connection, says Chau. Using one's voice, literal or through art, is an essential way to share narratives that matter to oneself and those around them.
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ISN
6d
403
Image Credit: ISN
Bengaluru coconut vendor's 'only Rs 55' ad challenges Zepto, Blinkit; netizens say 'it's still expensive'
- A local coconut vendor in Bengaluru is challenging major quick commerce platforms with his advertisement offering coconuts at only Rs 55.
- The post showcasing the vendor's lower prices compared to Zepto, BlinkIt, and BigBasket has gained traction online.
- Netizens have expressed admiration for the vendor's strategy and debated the convenience of using apps despite the price difference.
- Some users argue that quick commerce platforms have driven up prices, while others find the local shop prices more affordable.
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Gritdaily
6d
141
Image Credit: Gritdaily
Trailblazers: The Importance of Businesses in Disaster Relief Efforts
- There have been 24 confirmed weather or climate disaster events with losses exceeding $1 billion each in the United States in 2024.
- 53 percent of businesses surveyed have expanded the number of disasters they respond to, and 61 percent of organizations have increased their philanthropic disaster relief efforts.
- Brands must positively impact society by supporting social and environmental efforts locally and globally.
- Organizations have the unique opportunity to assist the affected residents on a larger scale while also investing in causes that align with the brand's beliefs.
- 70 percent of patrons are interested in knowing how the brands they back are contributing to social and environmental causes.
- Companies can provide emergency financial assistance, distribute financial aid to households, donate products such as hygiene items, cleaning supplies, and clothing, etc. to support relief efforts.
- Corporations back up their words with actions and measurable results and support communities and economies worldwide.
- When victims are provided with aid, organizations directly equip the community with the items it needs to heal.
- Brands can encourage team members, stakeholders, and customers to leverage their unique skill sets as relief resources.
- From a modern consumer perspective, 46 percent closely monitor Corporate Social Responsibility (CSR) efforts when supporting a business.
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Startupreporter
6d
185
Image Credit: Startupreporter
Empowering India’s Next Million Generation through the CodeAtHome Program
- India's #CodeAtHome program aims to promote coding skills among children and teenagers, with a focus on diversity in the tech sector.
- During the initial phase, #CodeAtHome engaged over 90,000 participants, with 45% of them being girls.
- The program is set to reach 1 million children and teenagers aged 8 to 18 over the next two years, covering major cities in India.
- The initiative provides free, online coding workshops and aims to empower the next generation of tech talent in India.
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Startupreporter
6d
403
Image Credit: Startupreporter
Shams Aalam to Compete as First Swimmer with Paraplegia at 14th National Takshila Event
- Shams Aalam, a Para swimmer with paraplegia, will participate in the 14th National Takshila Open Water Swimming Competition in Patna.
- The event is a 12 km course along the river Ganga and promotes inclusive sports in India.
- Shams Aalam has won multiple medals in state, national, and international competitions.
- He is supported by CBM India, an organization dedicated to fostering an inclusive society.
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Startupreporter
6d
379
Image Credit: Startupreporter
QuickVitals Named Finalist in the Australian AI Awards for AI Innovator – Healthcare
- QuickVitals, an Indian health monitoring app, has been named a finalist in the AI Innovator – Healthcare category at the Australian AI Awards.
- The Australian AI Awards celebrated achievements in various industries and recognized QuickVitals' commitment to innovation in the AI-driven healthcare sector.
- QuickVitals is a mobile health monitoring application that uses facial recognition and gestures to diagnose vital health metrics.
- Since its launch, QuickVitals has gained global recognition for its innovative approach to healthcare and revolutionizing the industry with AI technology.
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SiliconCanals
6d
197
Image Credit: SiliconCanals
In other news this week: Emerge secures €68M, Faber launches third fund at €60M, Entrepreneur Peter Goedvolk turns Professor, and more
- Emerge, a London-based venture capital firm has raised £56 million for its second fund.
- Kaizen, a provider of regulatory compliance solutions for global financial institutions, has secured £42M minority investment from Guidepost Growth Equity.
- TCC, a provider of services related to the digital intensive care unit, secured €20M in Series A funding led by Captain Thomas Pötzsch.
- Yazen Health, a Lund-based digital caregiver focused on weight loss management through medical treatment and lifestyle changes, has secured a €19.5M Series A funding round.
- Lisbon-based Faber announces the launch of its new fund Faber Tech III, with a target size of €60M.
- Borro, a Brussels-based platform developing an intelligent deposit system for reusable cups, has raised €350,000 in its initial funding round.
- Miros, a UK-based company, that is building out the next generation of Human-Computer Interaction (HCI) has raised €6M in pre-Series A investment.
- Plato has created an easy-to-use platform that uses AI to automate ERP processes in wholesale secured $6.5M in funding.
- Cintoo has developed a SaaS platform — Cintoo Cloud that combines Reality Capture technology with digital twins, making as-built conditions of physical spaces available online.
- Patchwork Health, a provider of tech-driven workforce management solutions for healthcare, announced the acquisition of L2P Enterprise Ltd.
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