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TechCrunch

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Road to Battlefield: Central Eurasia’s gateway to TechCrunch Startup Battlefield

  • Central Eurasia launches 'Road to Battlefield,' offering pathway to TechCrunch Startup Battlefield.
  • Nine countries will compete in the regional competition to showcase rising startup ecosystem.
  • Initiative aims to boost visibility and access for Central Eurasia's innovative startups globally.
  • Competition structure includes national events, regional finals, and TechCrunch Startup Battlefield.

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Inc42

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Kissht Kicks Off IPO Journey, Converts Into Public Entity

  • Fintech startup Kissht has started its IPO journey by converting into a public entity.
  • The company's shareholders passed a resolution to convert from a private limited to a public limited entity, a necessary step for listing on Indian stock exchanges.
  • Kissht plans to raise funds through its IPO, with a fresh issue of shares and offer for sale.
  • They are expected to file their DRHP by the end of the month, have appointed new directors, and have roped in ICICI Securities, UBS Securities, and Motilal Oswal as lead bank managers for the IPO.

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TechBullion

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Unconventional Time Management Hacks: Startup Founders Share Their Secrets

  • Learn unconventional time management strategies from successful startup founders beyond traditional advice.
  • Strategies include energy zoning, reverse calendar blocking, sleep prioritization, and maximizing focus hours.
  • Approaches like 'Power Hour,' themed workdays, and shorter meetings result in increased productivity.
  • Implementing focused work hours, CRM integration, and calendar budgeting are key time management tips.
  • Overall, respecting energy peaks, reducing interruptions, and optimizing workflows lead to enhanced efficiency.

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Inc42

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Boost For Deeptech Sector: Cabinet Approves INR 1 Lakh Cr R&D Fund

  • The Union cabinet has approved the Research Development and Innovation (RDI) scheme with a corpus of INR 1 Lakh Cr to boost research and development in various sectors.
  • The RDI scheme aims to provide long-term financing at low or nil interest rates to encourage private sector investment in R&D space.
  • Key objectives of the scheme include supporting R&D in sunrise domains, technology acquisition, and setting up a deeptech Fund of Funds (FoF).
  • The fund will operate under the Anusandhan National Research Foundation (ANRF) and will focus on fostering a self-reliant and competitive innovation ecosystem in India.

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Medium

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Behind the Term Sheet: Backchannel’s $3M Pre-Seed

  • Backchannel secures $3M in pre-seed funding led by Cathay Latam to address surplus inventory challenges faced by brands in Latin America and globally.
  • Surplus inventory, valued at over $500B globally annually, presents inefficiencies exacerbated by economic volatility and post-pandemic disruptions.
  • Backchannel's B2B marketplace offers a structured solution tailored to Latin America to help brands manage and strategically liquidate surplus inventory with transparency and efficiency.
  • The experienced co-founders of Backchannel, with a successful track record in reverse logistics, envision expanding beyond their initial focus on apparel and consumer electronics to become a central B2B commerce platform across various sectors in Latin America.

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Medium

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AI-Powered Workouts for Every Fitness Level

  • AI-personalized workouts on FitRealm cater to all fitness levels from beginners to pros.
  • The system adjusts difficulty, logs progress for data-driven improvements, and respects user preferences.
  • FitGenie chatbot offers exercise tips, form cues, and supports, creating customized workout plans.
  • With progressive overload and tailored exercises, AI ensures safe and effective fitness routines.
  • FitRealm's all-in-one approach provides scalable, individualized plans for optimal workout experiences.

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Pymnts

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Remark Raises $16 Million for AI Personas That Guide Online Shoppers

  • Remark raised $16 million in a Series A funding round for its AI personas that offer personalized guidance to online shoppers.
  • The AI personas, trained by human product experts, help brands increase conversion rates and reduce customer service costs.
  • The company will use the funding to expand into new verticals, grow its network of experts, and enhance its AI systems for online shopping guidance.
  • The PYMNTS Intelligence report highlights the growing trend of using AI in retail personalization, with over 90% of retailers now leveraging AI for tailored customer experiences.

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TechCrunch

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Winning capital for your AI startup? Kleida Martiro is leading the conversation at TechCrunch All Stage

  • Kleida Martiro, partner at Glasswing Ventures, will lead a session at TechCrunch All Stage in Boston on July 15 about funding AI-native startups and framing their growth story for investors.
  • The session, titled Winning Capital in a Competitive Market: How to Fund Your AI-Native Startup, will address the disconnect between how AI startups demonstrate traction and how investors evaluate them.
  • Martiro, with experience in machine learning and serving on AI startup boards, will offer insights on aligning vision and funding needs with the right investors. Attendees can expect tactical advice on launching and scaling AI startups.
  • Discounted Founder Passes at $155 and Investor Passes at $250 are available for a limited time. Attendees can benefit from networking and learning to gain a competitive edge in the AI startup ecosystem.

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Inc42

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Loopworm Nets $3.3 Mn To Manufacture Recombinant Proteins

  • Biotech startup Loopworm raises $3.3 million in pre-Series A funding from WaterBridge Ventures and Enrission India Capital to manufacture recombinant proteins.
  • Loopworm plans to use the funding to start recombinant protein production, set up a new commercial facility, strengthen R&D, and secure regulatory approvals.
  • Founded in 2019, Loopworm produces high-protein animal feeds and edible oils using silkworms, exporting its products internationally.
  • Loopworm develops a novel reactor-free recombinant protein production platform using silkworms, aiming for faster, cheaper, and sustainable biomanufacturing practices.

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Startup Pedia

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Reliance Jio to become world’s largest Fixed Wireless Access (FWA) service provider beating T-Mobile

  • Reliance Jio is set to become the largest Fixed Wireless Access (FWA) service provider globally, surpassing T-Mobile by June.
  • Recent data indicates Jio's FWA subscriber base reached 6.88 million in May, compared to T-Mobile's 6.85 million in March.
  • ICICI Securities reports a significant rise in Jio's wired broadband subscriber base, reaching 51.5 million with a monthly addition of 0.74 million customers.
  • Reliance Jio dominates the Indian broadband market with a 50.72% share, followed by Bharti Airtel with 30.99%, with both adding almost all new subscribers in May.

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Startup Story

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AppsForBharat Raises ₹175 Cr in Series C to Deepen Devotional Footprint Across India’s Temple Towns

  • AppsForBharat, parent company of Sri Mandir, raises ₹175 crore in Series C funding led by Susquehanna Asia Venture Capital.
  • The funding will be used to strengthen offerings in over 20 temple towns in India, investing in infrastructure, logistics, and expanding services.
  • AppsForBharat has crossed 4 crore downloads with Sri Mandir app, offering online pujas, devotional content, and revenue generation for temple partners.
  • The company plans to focus on AI-powered tools to enhance the devotional experience and has strong global demand from Indian diaspora.

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TechCrunch

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Raising a Series C+? Cathy Gao’s bringing the real playbook to TechCrunch All Stage

  • Cathy Gao, partner at Sapphire Ventures, will share insights on growth-stage fundraising at TechCrunch All Stage 2025 in Boston on July 15.
  • Gao has experience backing successful startups like Culture Amp, Gem, Sword Health, and EliseAI.
  • She will focus on the new rules for raising a Series C & beyond, including the impact of generative AI on later-stage funding.
  • TechCrunch All Stage offers discounted tickets for founders and investors to learn from industry experts and network with leading investors.

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ISN

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Sri Mandir's parent company AppsForBharat raises Rs 175 crore in funding

  • Bengaluru-based startup AppsForBharat, parent company of Sri Mandir, has raised Rs 175 crore in a Series C funding round led by Susquehanna Asia Venture Capital.
  • The funding round saw participation from existing investors, taking the company’s total funding amount to about $50 million.
  • AppsForBharat plans to use the funds to deepen temple partnerships, expand commerce and logistics operations, establish fulfillment hubs, and integrate AI features.
  • The company, founded in 2020, has seen rapid growth, providing digital devotional services, doubling its growth over the past six months, and amassing over 4 crore downloads for its Sri Mandir app.

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Inc42

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Curefoods’ Employee Problem: Over 100% Attrition Rate For 3 Years

  • Cloud kitchen major Curefoods reported an attrition rate of 111.7% for FY25, marking the third consecutive year with attrition over 100%.
  • The company's IPO will include a fresh issue of shares valued up to INR 800 Cr and an offer for sale of up to 4.85 Cr equity shares.
  • High employee turnover saw 5,347 permanent employees leaving in FY25, leading to concerns about attracting and retaining skilled manpower for future growth.
  • Curefoods is also facing legal challenges related to hygiene, food safety, and compliance issues across its outlets and subsidiary Fan Hospitality.

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ISN

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Regulatory tech startup Zango AI raises $4.8 million led by Nexus VP, others

  • Regulatory tech startup Zango AI has raised $4.8 million in a funding round led by Nexus Venture Partners.
  • The round saw participation from several notable investors including South Park Commons, Allica Bank's CEO, and former McKinsey executive.
  • Zango AI, founded in 2024, is developing AI models to automate regulatory compliance processes for financial institutions.
  • The funding will be utilized to expand Zango's teams, enhance its product suite in financial services, and develop additional modules for its AI-native governance, risk, and compliance platform.

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