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Startupreporter
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Photoquip’s Nanlite and Nanlux Lighting Captivate at Broadcast India Show 2024
- Photoquip showcased its Nanlite and Nanlux lighting solutions at the Broadcast India Show 2024.
- The Nanlite Evoke Series, including models like 900C, 1200B, and 2400B, provided precision, versatility, and performance for filmmakers.
- The Nanlite FC Series offered an affordable and high-performance option for photographers and creators.
- Photoquip's latest innovations at the event reinforced their role as a transformative force in broadcast lighting.
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Startupreporter
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Indian Achievers’ Forum highlights the Evolving role of Indians in the global economy
- Indian Achievers’ Forum organized a webinar on ‘The Evolving Role of Indians in the Global Economy’.
- Insights and experiences from esteemed panelists from diverse sectors and countries were shared in the informative session.
- Panelists discussed the potential of skilled Indian IT professionals, modern technologies like AI and cloud computing, and adoption of Ayurvedic principles globally.
- The session also acknowledged award winners who have brought laurels to the nation from countries like the USA, Australia, and UAE.
- India is evolving into a significant force in the global economy, positioning itself as a leader in the rapidly changing landscape.
- The webinar presented optimism showcasing the resilience and ingenuity of the evolving role of Indians in the global economy.
- Adaptability and forward-thinking will be crucial for India's success in the dynamically changing global economy.
- The webinar was skilfully moderated by Dr. Shabnam Asthana, Director of the Indian Achievers’ Forum and Managing Editor of CSR Times.
- Mr. Prashant Das, Associate Editor of CSR Times and Director of the Indian Achievers’ Forum set a positive tone with his opening remarks.
- India's strong technical capabilities in areas like digital transformation, AI, blockchain, and quantum science have positioned it to lead in the tech landscape.
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Startup Pedia
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Gurugram EV Charging Startup Failed For 19 Months Before Cracking The Right Product - Gets US Funding
- Gurugram-based firm, Tobor specialises in providing EV charging solutions for businesses and individuals across the country.
- Tobor was founded in November 2022 by Dr. Vivek Prakash and Gaurav Lohia, with a vision to create a product that simplifies EV charging and addresses environmental challenges.
- Recently, the company received significant funding from Peter Norwood, a US-based serial entrepreneur and former Google Engineering Director.
- Tobor's founders had been sharing weekly progress reports with Peter Norwood, a long-time strategic advisor for the company.
- The company hit a number of obstacles in its early days, with its initial product not feasible for the market and a faulty electrical charger unable to interact with the car it was supposed to charge.
- During this time, Tobor made a number of strategic hires, bringing in three technical consultants to address specific areas and subject matter expertise.
- Despite a number of setbacks, Tobor launched its final product in March 2024, with a fully-functioning Tobor charger hub that was end-to-end integrated with the platform.
- Since June 2024, Tobor has installed a total of 12 charging stations in the cities of Delhi, Meerut, and Gurugram.
- The company's revenue model is distributed into two buckets: operating chargers and selling chargers to entities like EV manufacturers and fleet operators.
- Tobor focuses primarily on the B2B channel of sales, providing world-class quality and performance EV charging solutions made 100% in India.
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Yourstory
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Taming the restless 'Monkey Mind': 6 signs and calming tips
- The 'monkey mind' refers to a restless state of mind characterized by racing thoughts and lack of focus.
- Signs of a monkey mind include constant overthinking, difficulty focusing on a task, procrastination, heightened anxiety or stress, trouble sleeping, and feeling constantly distracted.
- Strategies to calm the monkey mind include setting time limits for worrying, practicing mindfulness, implementing the Pomodoro Method for improved focus, breaking tasks into smaller steps, incorporating relaxation techniques such as deep-breathing exercises and meditation, establishing a calming bedtime routine, and practicing mindful breaks to stay present.
- By recognizing the signs of a monkey mind and employing calming strategies, individuals can regain control over their mental state and cultivate peace, focus, and contentment in their daily lives.
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Startup Pedia
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1% Club Founder Backlashed by Netizens for Laying Off 15% of Employees
- Sharan Hegde, founder and CEO of finance platform 1% Club, faced backlash from netizens after laying off 15% of employees.
- Hegde clarified that the layoffs were part of a cost-cutting exercise and to address hiring mistakes.
- The 1% Club secured investment but put the money in an FD, drawing criticism from netizens.
- Critics argue that a company promoting financial literacy should have managed its finances better.
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VIE Stories
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Top 12 Growing Business Sectors in India
- India has changed a lot in recent years and is growing rapidly by various industries.
- The E-commerce sector is growing continuously with a market valuation of $111.40 billion by 2025.
- The Information Technology sector contributes more than 10% to India's GDP by 2025.
- The Healthcare sector's market valuation will reach $50 billion by 2025, and the government is investing more in this sector.
- The Fintech sector is estimated to reach $141 billion by 2025 with more than 87% of people using fintech services.
- India's biotechnology sector is growing steadily and plays a significant role in global healthcare innovation.
- The Food Industry in India stands as one of the second-largest food manufacturers worldwide.
- The Manufacturing industry plays an important role with manufacturing engineering designing and optimizing the manufacturing process.
- Creating a good Infrastructure helps in making smart cities equipped with airports and efficient transportation systems.
- Automobiles and Auto Components segment is one of the largest sectors in the world with India being a major global manufacturing hub for commercial vehicles.
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Startup Pedia
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Aman Gupta Says boAt Is Heading for Global Leadership in Audio Sector
- Aman Gupta, co-founder and CMO of boAt Lifestyle, shared his vision of boAt becoming a global leader in the audio sector.
- Gupta highlighted boAt's achievements as one of the top 5 global audio wearable brands with over 5 crore+ devices and 10,000+ jobs created in India.
- He expressed pride in boAt's role in pioneering tech advancements, fueling local job creation, and shaping the future of Indian manufacturing.
- Netizens praised Gupta for his post, appreciating Indian innovation and manufacturing, and commending boAt as a good and affordable brand.
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VIE Stories
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The Inspiring Journey of 18 Solitaire
- 18 Solitaire is India's 1st natural diamond engagement ring specialist brand, launched under the Start-up India campaign.
- Founded by Mrs. Sweta Sahadeva and her son Ishank Sahadeva, the brand has rapidly become India's premier destination for natural diamond engagement rings.
- Securing funding at the ideation stage from Innovation venture, 18 Solitaire has achieved remarkable growth, establishing flagship stores and launching a unique franchise model.
- The brand's success is attributed to its commitment to quality, trust, and customer satisfaction, as well as its innovative approach and recognition as the Startup of the Year.
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VIE Stories
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BrahmVeda Ventures Acquires Vedvaani through a Cash & Equity Deal
- BrahmVeda Ventures completes the acquisition of Vedvaani through a cash and equity deal.
- Vedvaani is a pioneering Astro AI app that combines traditional astrological insights with AI technology.
- The acquisition reflects BrahmVeda's dedication to using AI as a disruptive force to revolutionize industries.
- BrahmVeda aims to enhance Vedvaani's reach and deliver personalized Astro AI insights globally.
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Eu-Startups
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Europe VS USA: Navigating climate tech in a changing world
- European academia has a stronger base in climate tech science compared to the US.
- European climate tech companies have lower early-stage valuations compared to the US.
- EU policies tend to be more stable while US policies are bolder but less stable.
- The US has better growth equity and IPO markets, making it attractive for European companies.
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Yourstory
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Trent Q2 profit grows 47% to Rs 335 Cr; sales jumps 39.3%
- Trent, a retail firm of the Tata Group, reported a 46.9% increase in consolidated net profit to Rs 335.06 crore for Q2.
- Consolidated revenue from operations grew by 39.37% to Rs 4,156.67 crore.
- Total expenses rose by 48.49% to Rs 3,743.61 crore in the September quarter.
- Trent opened 7 Westside and 34 Zudio stores during the quarter, and consolidated 9 Westside and 16 Zudio stores.
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Economic Times
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Blackbuck sets Rs 259-273 price band for IPO
- BlackBuck has set the price band for its IPO at Rs 259 to Rs 273 per share.
- The company aims to raise Rs 1,114.7 crore through the book-building issue.
- The IPO consists of a fresh issue worth Rs 550 crore and an offer for sale of up to 20.6 million equity shares.
- BlackBuck reported a 68% YoY increase in revenue for FY24.
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Yourstory
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OpenAI spent $10 million on this domain: Here’s why!
- OpenAI has reportedly spent over $10 million to acquire the domain chat.com.
- The purchase is driven by OpenAI's mission to establish itself as a dominant force in AI-powered tools, particularly its flagship product, ChatGPT.
- The acquisition enhances OpenAI's digital identity and ensures that the ChatGPT experience remains tied to its brand as it expands its offerings.
- Owning chat.com positions OpenAI at the center of the AI-powered market and strengthens its credibility and recognition.
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ISN
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Spacetech startup GalaxEye closes $10 million Series A funding round
- GalaxEye, a spacetech startup, has closed a $10 million Series A funding round.
- The funding was led by MountTech Growth Fund - Kavachh and included investment from notable venture capital funds.
- GalaxEye aims to revolutionize satellite-based Earth observation with its multi-sensor satellite.
- The funding will be used to accelerate the development of GalaxEye's upcoming satellite mission.
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Nonprofithub
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[PODCAST] Strategic Planning and Leadership: Empowering Nonprofits for Community Impact – Sara Glover
- Strategic Planning and Leadership: Empowering Nonprofits for Community Impact
- Sara Glover, Chief Strategy Officer at Urban Impact Foundation, discusses the importance of strategic planning in nonprofit success
- Operational work involving HR, finance, and strategic planning enables frontline workers to thrive
- Nonprofit professionals can access free resources and connections at nonprofithub.org
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