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Startup Pedia
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Frustrated by Job Rejections, This Mumbai Entrepreneur Built an Overseas Recruitment Portal Targeting ₹1 Crore Revenue
- Entrepreneur Shazad Loladiya launched The Jobs Advertise to bridge skilled Indian job seekers with licensed overseas agencies, ensuring transparency and trust in recruitment.
- Struggling to find an IT job, Shazad turned to recruitment based on his past experience, eventually leading him to launch The Jobs Advertise in 2022.
- The portal provides direct access for job seekers to apply for vacancies posted by government-licensed agencies, reducing the risk of scams and middlemen.
- Facing initial trust issues, Shazad overcame hurdles by personally convincing agencies, resulting in over 50 agencies and 1,000–1,500 daily visitors on the portal.
- The Jobs Advertise offers Basic and Premium subscription plans for agencies, with aims to generate revenue and make overseas hiring more efficient.
- Shazad plans to introduce digital job listing ePaper and facilitate direct hiring for Gulf and European companies to scale the portal’s reach.
- With a self-investment of Rs. 1.5 lakh, Shazad aims to achieve a monthly revenue of ₹1 crore by 2028, emphasizing his mission-driven approach to solving job seeker challenges.
- The model provides a more affordable and efficient solution compared to traditional newspaper advertisements, catering to the needs of both agencies and job seekers.
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Yourstory
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190
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Rajasthan Budget 2025-26: Key Highlights of the First ‘Green Budget’ and Expert Opinions
- Rajasthan government presents its first 'Green Budget' for 2025–26, focusing on sustainable development and environmental protection.
- Key highlights include allocation of 11.34% of the total budget for Green Budget initiatives, promotion of renewable energy, water conservation and irrigation, environmental protection, and waste management.
- The budget aims to create job opportunities, improve infrastructure, and has received positive feedback from environmental experts.
- Challenges in financing, policy coordination, and public participation remain for successful implementation of the Green Budget.
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Inc42
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173
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Snacking Brand Let’s Try Bags $2.5 Mn From SWC Global, Others
- Snacking brand Let’s Try has raised $2.5 Mn in a Pre-Series A funding round.
- SWC Global led the funding round, with participation from existing investors including Wipro Consumer, 100Unicorns, Venture Catalysts, and boAt cofounder Aman Gupta.
- Let’s Try plans to use the funding to expand its distribution, strengthen its supply chain, launch new product varieties, and build online and offline brand initiatives.
- The Indian snacks market is projected to grow to INR 95,521.8 Cr by 2032, indicating potential for growth in the industry.
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Inc42
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127
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Apple Partner Globalstar Files For India Satcom Entry: Report
- Apple partner Globalstar has filed an application with the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to enter India's space communication market.
- Globalstar is the latest player to join India's space communication market, which includes Elon Musk's Starlink, EutelSat OneWeb, Amazon Kuiper, and Reliance Jio.
- Globalstar is also planning to apply for a GMPCS licence with the Department of Telecommunications (DoT) to operate a satellite communication network.
- India is expected to launch satellite internet services soon to provide high-speed internet access to remote areas and maritime regions.
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Hackernoon
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This CEO Got Bill Gates’ Attention—Now He’s Fueling AI with Memgraph’s Speedy Graph Tech
- Memgraph, an open-source graph database, aims to deliver high-performance, real-time connected data processing.
- With a team of performance-obsessed engineers, Memgraph is focused on building a graph database better than anything on the market.
- Memgraph has a growing open-source community and serves prominent Global 2000 customers, including NASA and Cedars-Sinai.
- The company's GraphRAG approach aims to make AI with graph technology even more accessible and automated.
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Yourstory
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174
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Ather Energy mulls reducing size of its IPO: Report
- Electric vehicle maker Ather Energy is considering reducing the size of its initial public offering by at least $50 million.
- Investors are looking to offer fewer shares in the sale, leading to the decision to cut back the IPO size.
- Ather Energy is still planning to go ahead with the IPO in the coming weeks.
- It is also considering a small reduction in the valuation it is planning to seek, and may pursue a private placement instead if investor sentiment worsens.
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Yourstory
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116
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Shopify CEO Tells Employees: No New Hires Unless AI Fails the Task
- Shopify has implemented an AI-first hiring approach, where AI must prove its inability to perform a job role before human hiring can proceed.
- Under the leadership of CEO Tobi Lütke, teams at Shopify are required to integrate AI into their roles and projects.
- The rationale behind the policy is to enhance productivity and efficiency by leveraging the synergy between human talent and AI.
- Shopify's implementation of the AI-first policy coincides with workforce reductions and increased investments in AI technologies.
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AllTopStartups
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Pricing Your Services: A Strategic Guide for Salon Suite Professionals
- Salon suite professionals who strategically price their services can earn 32% higher annual income compared to those with ad-hoc pricing methods.
- Before setting prices, it is crucial to understand and calculate your true costs, including fixed costs, variable costs, business development expenses, and self-employment expenses.
- Research your market thoroughly to determine competitive pricing by analyzing similar professionals' pricing, services, online presence, and perceived value.
- Creating tiered pricing packages can drive revenue by offering clients options at different price points, leading to increased earnings and client retention.
- Strategic price adjustments should be made every 12-18 months to reflect expertise growth and rising costs, with careful communication to clients to minimize pushback.
- Regularly review your pricing by analyzing booking rates, costs, competitor pricing, and market positioning changes to ensure your pricing strategy remains effective.
- Handle price objections professionally by shifting the conversation from price to value, explaining the benefits clients receive for the prices charged.
- Mastering your pricing strategy involves evolving with your business, analyzing service metrics, booking rates, and client retention to refine your pricing strategy for long-term success.
- Pricing should be viewed as an ongoing process, requiring understanding of costs, market research, value creation through tiers, thoughtful adjustments, and effective objection handling.
- Authors Lisa Peddy and Kandice Meylan, with expertise in beauty business development, offer practical education and mentorship to help beauty entrepreneurs thrive in their businesses.
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Inc42
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118
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InCred Alternatives Hits Final Close Of Maiden PE Fund
- InCred Alternatives has announced the final close of its maiden private equity fund, InCred Growth Partners Fund-I (IGPF-I), with commitments exceeding INR 575 Cr.
- The fund focuses on key investment themes, including consumption, enterprise, technology, and financial services.
- IGPF-I has already invested in companies such as Manjushree Technopack, Shadowfax, Niva Bupa, and Purplle.
- InCred Financial Services reported a 162% jump in consolidated net profit to INR 316.3 Cr in FY24.
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Yourstory
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207
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Startup news and updates: Daily roundup (April 9, 2025)
- Mumbai-based startup FinRight offers an AI-driven platform for resolving PF-related issues and queries. The platform streamlines PF withdrawals, eliminates middlemen, and ensures faster, error-free processing of claims.
- IndiaAI Mission is focused on democratizing technology and supporting AI startups in India. It has recently announced a pool of 14,000 GPUs at subsidized rates for researchers and entrepreneurs. The mission also launched AI Kosh, a dataset platform for training and deploying AI models.
- Snacking brand Let's Try raises $2.5M in funding led by SWC Global. The investment will be used to expand distribution and strengthen the supply chain. Let's Try aims to cross Rs 1,000 crore in revenue by 2028 and introduce new products.
- B2B Automotive marketplace Amicco secures $1 million in seed funding. The investment will be utilized to expand the garage network and refine go-to-market strategies. Grest, a refurbished iPhones store, also raises an undisclosed amount of funding for revenue-focused initiatives and customer engagement.
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ISN
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Amicco, a B2B marketplace for auto spare parts, raises $1 million in a seed round
- Amicco, a B2B marketplace for auto spare parts, has raised $1 million in a seed funding round led by Eximius Ventures.
- The capital infusion will help Amicco scale its presence across independent garages in India and address sourcing challenges in the auto repair ecosystem.
- Amicco's platform centralizes procurement, improves price transparency, and reduces service downtime for garage operators.
- The founder, Vivek Aalok, aims to reshape the automotive aftermarket by consolidating supply and demand through Amicco's transformative solution.
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SiliconCanals
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Utrecht-based NOWOS bags €6M to extend battery life and reduce material waste: Here’s how
- Utrecht-based battery repair specialist NOWOS has raised €6M in an equity funding round led by Impact Venture Fund Shift4Good.
- The funding will be used to expand into additional sectors, open new repair hubs in Poland and Germany, and develop a Battery Passport system.
- NOWOS specializes in repairing and reusing lithium-ion batteries, with a focus on micro-mobility vehicles like e-bikes and e-scooters.
- The company currently operates in the Netherlands, France, and the UK.
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Inc42
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288
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RBI Allows NPCI To Revise UPI Limits For P2M Transactions
- The RBI has allowed NPCI to revise transaction limits for person-to-merchant (P2M) payments on the UPI.
- This move aims to accommodate higher-value transactions in select merchant categories.
- NPCI will be able to adjust transaction limits for P2M payments in consultation with banks and stakeholders.
- P2P transactions will remain capped at INR 1 lakh.
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Startup Pedia
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'Startup Founders Are Heroes And Should Be Respected, Not Abused': Info Edge Founder Slams Suhel Seth
- Info Edge founder Sanjeev Bikhchandani defends Indian startups against Suhel Seth's comments, calling them untrue and unfounded.
- Bikhchandani points out the significant investments made by SoftBank in India and highlights the importance of foreign capital.
- He emphasizes that startup founders are heroes who take risks and should be respected instead of abused.
- The debate on startups in India started with Minister Piyush Goyal's remarks, where he called for a focus on deep-tech innovation.
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Inc42
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232
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Zepto Nears $4 Bn Annualised GOV: Aadit Palicha
- Quick commerce major Zepto is nearing $4 Bn in annualized gross order value (GOV), with a 300% year-on-year growth.
- Zepto has reduced EBITDA and operating cash flow burn by 50% while experiencing meaningful growth in the last three months.
- The startup's dark stores are on track to achieve breakeven in EBITDA, with a 700-store count and expanding presence in Tamil Nadu.
- Zepto's consolidated revenue more than doubled in FY24, reaching INR 4,454.52 Cr, with a marginal decline in net loss.
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