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Pymnts
6d
3k
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Yelp to Expand Services Advertising Revenues With RepairPal Acquisition
- Local business information platform Yelp plans to acquire auto services platform RepairPal for about $80 million in cash.
- Yelp's advertising revenues in its Services categories rose 11% year over year to reach a record $228 million in the third quarter.
- The acquisition of RepairPal will expand Yelp's offerings in the multi-billion-dollar U.S. auto services advertising vertical.
- RepairPal's platform provides estimates for common repairs tailored to location and vehicle make/model, helping customers to avoid overpriced service costs.
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Startupreporter
6d
814
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RCS and Google Wallet services launch on L&T Metro Rail Hyderabad Ltd
- L&T Hyderabad Metro Rail has become the first Metro Rail project in the world to launch ticket booking on RCS (Rich Communication Services) and Google Wallet.
- Commuters can book Digi-Tickets through RCS messaging on Google Messages and store them securely on Google Wallet.
- The integration of RCS and Google Wallet aims to provide seamless, digital commuting experience for L&T Hyderabad metro travelers.
- The service will be available to all commuters from November 11, 2024.
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SiliconCanals
6d
948
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Amsterdam-based Pantheon Mining secures €1M to accelerate its Bitcoin mining services
- Amsterdam-based Pantheon Mining secures €1M in seed funding round.
- The funds will be used to accelerate growth and expand offerings and technological infrastructure.
- Pantheon Mining follows a 'Golden Triangle' strategy for Bitcoin mining locations.
- The company aims to provide accessible Bitcoin mining services with personal guidance and expertise.
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Inc42
6d
912
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MapmyIndia, Hyundai AutoEver To Form JV To Integrate Maps For South East Asia
- Geotech company MapmyIndia is setting up a joint venture with Hyundai AutoEver in Indonesia to expand its market beyond India.
- MapmyIndia will invest $4 Mn to acquire a 40% stake in the JV, while Hyundai AutoEver will hold the remaining 60% stake.
- The JV, called PT Terra Link Technologies, aims to obtain and integrate all maps for South East Asia.
- MapmyIndia is also investing an additional $0.5 Mn in its subsidiary, CE International, to expand its international presence.
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Yourstory
6d
871
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CCI scrutiny finds Zomato & Swiggy breached competition laws: Report
- Food delivery giants Swiggy and Zomato have allegedly breached competition laws, according to the Competition Commission of India (CCI).
- Zomato reportedly entered into exclusivity contracts with partners in exchange for lower commissions, while Swiggy promised business growth to certain players if they listed exclusively on its platform.
- Zomato imposed pricing and discount restrictions on restaurant partners with penalties for non-compliance, while Swiggy threatened to lower the rankings of partners who didn't maintain price parity.
- CCI is currently reviewing the investigation findings and will decide on any penalties or changes to the business practices of Swiggy and Zomato.
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VIE Stories
6d
924
Image Credit: VIE Stories
Prodigy Finance Raises $310 Mn Funding from DFC
- The US International Development Finance Corporation (DFC) has committed to providing up to USD 310 million in funding to Prodigy Finance.
- This funding round focuses on social impact and aims to support diverse talent by allocating funds to women and people from low- and lower-middle-income nations.
- Prodigy Finance offers collateral-free education loans to international master's students, evaluating eligibility based on future earnings potential.
- Founded in 2007, Prodigy Finance enables students to pursue their desired degrees at top schools worldwide.
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Yourstory
6d
1.1k
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Zinka Logistics' Rs 1,115-Cr IPO to open on Nov 13; sets price band at Rs 259-273 a share
- Zinka Logistics Solutions Ltd has set a price band of Rs 259-273 per share for its Rs 1,115 crore IPO.
- The IPO will be open for public subscription from November 13 to November 18.
- The offering includes a fresh issue of shares worth Rs 550 crore and an offer for sale of up to 2.06 crore shares.
- Proceeds from the IPO will be used for sales and marketing initiatives, investment in Blackbuck Finserve, product development, and general corporate purposes.
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TechCrunch
6d
1.3k
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How AI startup Conflixis is protecting hospitals from corrupt doctors
- Conflixis is an AI startup focused on protecting hospitals from corrupt doctors.
- The company uses AI-powered software to identify situations that put hospitals at legal risk.
- Conflixis analyzes data from various sources including conflict-of-interest forms and patient outcomes records.
- The startup recently raised a $4.2 million seed round co-led by Lerer Hippeau and Origin Ventures.
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Inc42
6d
1.8k
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B’luru Court Bars Swiggy From Alienating ESOPs Of Terminated Executive
- A Bengaluru civil court has temporarily restrained Swiggy from alienating or creating any charge on over 200 stock options held by a terminated executive.
- The court set November 23 as the next date of hearing in the matter.
- The executive filed a petition challenging his termination and annulment of employee stock option plans (ESOPs).
- Swiggy is facing other troubles, including a probe by CCI for violating antitrust laws and IPO oversubscription.
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Yourstory
6d
170
Image Credit: Yourstory
Samwer brothers: Clone masters of Europe's startup scene
- The Samwer Brothers, Alexander, Marc, and Oliver, became famous for cloning successful companies and bringing them to Europe and beyond.
- Their strategy involved replicating the business models of lucrative U.S. startups and executing with precision.
- Their first major success was the creation of Alando, a German version of eBay, which they sold to eBay for $43 million.
- They later founded Rocket Internet, an incubator that scaled and dominated markets by replicating successful models.
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Startupreporter
6d
338
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Set the Party Vibe High with Star Boy LOC’s New Banger, “Mumbai Se Hai” featuring the stunning Kouky
- Star Boy LOC returns with a sensational track titled 'Mumbai Se Hai', an irresistible party anthem.
- The track features lyrics, composition, and vocals by Star Boy LOC, beats by G SKILLZ.
- The lavishly shot video captures the vibrant spirit of Mumbai's nightlife.
- The track is described as an anthem for party lovers, embracing the thrill and glamour of the city.
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Yourstory
6d
321
Image Credit: Yourstory
Enterprise AI agent startup UnifyApps bags $20M funding led by ICONIQ Growth
- Enterprise AI agent platform UnifyApps has raised $20 million in its Series A round led by ICONIQ Growth.
- The company helps enterprises streamline and automate their operations by connecting and integrating various SaaS applications.
- The funding will be used to build a unified integration platform using generative AI (Gen AI) and to hire more employees.
- UnifyApps counts leading banks, telecommunication providers, and security companies among its customers.
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Startup Pedia
6d
119
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“Will Quick Commerce affect roadside coconut vendors?” Roadside Vendor Hits Zepto, Blinkit
- A roadside coconut vendor from Bengaluru challenges quick commerce giants Zepto, Blinkit, and BigBasket by posting a price comparison.
- Netizens have mixed reactions to the advertisement, with some appreciating the vendor's confidence and others highlighting the expensive prices of coconuts in roadside stalls.
- One user suggests stopping coconut exports to lower prices in India.
- Another user mentions that coconuts are cheaper on Blinkit compared to roadside stalls in Delhi.
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VIE Stories
6d
293
Image Credit: VIE Stories
Top Funding Wrap of the Week – 04 Nov – 08 Nov 2024
- Easy Home Finance raised $35 million led by Claypond Capital and Asia Rising Fund.
- Haldiram Bhujiawala secured INR 235 crore from Pantomath's Bharat Value Fund.
- Boldfit raised Rs 110 crore from Bessemer Venture Partners.
- GalaxEye received $10 million Series A investment led by MountTech Growth Fund.
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VIE Stories
6d
402
Image Credit: VIE Stories
Best Jewellery Startups in India for 2025
- Jewellery startups in India are growing fast and becoming a big part of the country online shopping and fashion industries.
- Many startup jewellery companies mixing traditional jewellery-making techniques with modern designs, offering everything from high-end pieces to affordable customizable options.
- Online shopping is one of the major reasons for these start-ups to reach more customers and offer a more customized experience to their customers.
- Top among the jewellery start-ups in India is GIVA, followed by BlueStone and CaratLane. These start-ups are trusted by customers and known for their excellent customer experience.
- Other popular jewellery start-ups in India include Monica Vinader, Melorra, Blue Nile, Mejuri, Voylla, Kalyan Jewellers, Versace, Pipa Bella, Priyaasi, Sukkhi, MetaMan, and Goldsetu.
- These start-ups are known for employing sustainable practices and ethically sourcing their materials. These brands offer customizable and eco-friendly jewellery to keep the customers interested.
- Jewellery start-ups blend Indian craftsmanship with modern technology. These brands are preferred by customers who are looking for simple designs and custom-made jewellery.
- SaaS solutions are helping jewellery retailers to grow and adapt to the online marketplace.
- As customers' preferences change, these start-ups are set to play a big role in shaping the future of the jewellery industry in India and beyond.
- Jewellery start-ups are expected to play an important role in the future of the jewellery industry in India and around the world.
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