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Startup News
Medium
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From Confusion to Confidence: My Real Journey as a Designer in a Startup
- The designer shares their journey starting from designing a one-pager for the company's website without prior knowledge and gaining confidence through learning by doing.
- They expanded their skills by designing ad creatives for various purposes, leading to exploring different styles and focusing on designing for impact.
- The designer faced challenges in obtaining the right content for their designs, leading to clashes with the content team. They overcame this by taking more ownership and establishing transparent communication.
- The experience led to personal growth, culminating in positive feedback during the internship review, emphasizing the importance of asking questions, taking ownership, and embracing challenges in the startup environment.
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ISN
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Efficacy-driven premium beauty brand WishCare crosses Rs 300 crore in ARR
- WishCare, a premium beauty brand in India, surpassed Rs 200 crore in revenue for FY 2024–25, reaching an annual run rate (ARR) of Rs 300 crore with a 10X growth in two years.
- Founded in 2020 by Stuti Kothari, Ankit Kothari, and Ayush Kothari, WishCare offers clinically tested, high-performance beauty products and has served over 5 million customers in India.
- The brand, backed by Unilever Ventures, has focused on category development with products like Hair Growth Serum and SPF Lip Balm, gaining popularity on platforms like Amazon and Nykaa.
- WishCare is now eyeing international expansion into markets like the UAE, USA, and Southeast Asia to bring its innovative beauty solutions to a global audience.
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Inc42
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353
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DroneAcharya Fined For Delay In Submission Of Financials
- Listed dronetech startup DroneAcharya fined INR 1.3 Lakh by BSE for delayed financial results submission in H2 FY25.
- DroneAcharya making representation to BSE Ltd for waiver of fine due to delays in audit process and internal review procedures.
- Company previously fined in 2024 by BSE for delayed financial results submission in FY24.
- DroneAcharya, founded in 2017, offers drone and data solutions, records drop in PAT in H1 FY25 but revenue from operations rose.
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Startup Pedia
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“In India, people making ₹10,000 an hour will spend an hour to save ₹500 on a flight," says CRED's Kunal Shah
- CRED founder Kunal Shah highlighted Indians' tendency to waste money to save small amounts, emphasizing a lack of understanding of time value.
- Shah noted the disparity in how Indians and Americans perceive the value of time, with Indians often making poor time-related decisions.
- He mentioned the importance of time value for money, stating that many Indians do not grasp this concept effectively.
- Kunal Shah, an entrepreneur and angel investor involved with FreeCharge and CRED, commented on workforce participation issues in India, emphasizing the economic and social impact.
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Ketto
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How Crowdfunding Platforms Are Revolutionizing Fundraising In India
- Crowdfunding in India is changing fundraising by collecting small donations online.
- Online crowdfunding platforms democratize fundraising and empower individuals and organizations to raise funds for various causes.
- The digital nature of crowdfunding offers benefits like increased reach, cost-effectiveness, and global connectivity.
- Crowdfunding revolutionizes fundraising in India, bridging financial gaps and promoting social causes.
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Startup Pedia
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'Our artisans lose. Sad!': Harsh Goenka slams Prada for selling Kolhapuri chappals at over ₹1 lakh
- Billionaire Harsh Goenka criticizes Prada for showcasing Kolhapuri footwear without crediting Indian artisans or acknowledging its origins.
- Prada featured sandals resembling traditional Kolhapuris in their Men’s Spring/Summer 2026 show in Milan, with no credit given to the original artisans.
- Harsh Goenka condemned Prada for selling similar Kolhapuri-like sandals for over ₹1 lakh while Indian artisans make them by hand for ₹400, highlighting the exploitation of cultural designs.
- The issue has sparked outrage among Kolhapuri artisans, leading to efforts to raise the matter with the government to protect traditional knowledge and artisans' livelihoods.
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SiliconCanals
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In other news this week: Zama becomes unicorn after raising €49M, Metaview lands €30.1M, Boost inc secures €16M and more
- Zama secures €49M to launch FHE Blockchain protocol, expands onchain applications securely.
- Metaview raises €30.1M to scale AI hiring platform, delivers hiring intelligence from interviews.
- Boost inc raises €16M to expand unattended retail technology, offers smart vending systems.
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ISN
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Image Credit: ISN
EV maker EKA Mobility raises Rs 200 crore from ENAM Holdings
- EKA Mobility, an electric vehicle manufacturer, secured Rs 200 crore in funding from ENAM Holdings to expand manufacturing infrastructure.
- The funding obtained through convertible preference shares aims to help EKA scale its operations towards achieving unicorn status.
- EKA plans to set up three manufacturing facilities to bolster production capacity, including one in Madhya Pradesh expected to reach 5,000 vehicles per month when fully operational.
- Despite facing challenges in securing rare earth magnets for EV motors, EKA aims to build a diverse commercial EV portfolio and deliver over 2,000 buses this financial year.
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Inc42
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Eggoz To Raise INR 125 Cr From Gaja Capital, Others
- Eggoz, an egg-focused consumer startup, is set to raise INR 125 Cr in a funding round led by Gaja Capital, with participation from IvyCap Ventures and Rebright Partners.
- Gaja Capital will invest INR 100 Cr, while IvyCap Ventures and Rebright Partners will contribute INR 20.94 Cr and INR 4.05 Cr, respectively.
- In addition to the funding round, Eggoz is also raising INR 1.3 Cr from angel investor Anurag Jhanwar through preferential shares allotment.
- Eggoz, founded in 2017, sources eggs directly from farmers and operates in multiple cities providing eggs online through platforms like Blinkit, Zepto, and Swiggy Instamart.
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Inc42
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Meesho Gets Board Nod To Raise INR 4,250 Cr Via IPO
- Meesho's board has approved raising up to INR 4,250 Cr via a fresh issue in its IPO, including an offer for sale for existing investors.
- The company will also see a redesignation of its founder Vidit Aatrey as chairman, managing director, and CEO.
- Meesho recently shifted its domicile back to India and is preparing for its public listing by filing a DRHP with SEBI.
- Meesho reduced its loss by 82% in the financial year ending March 31, 2025, while its operating revenue increased by 33% during the same period.
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Inc42
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413
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From Raphe mPhibr To GoKwik — Indian Startups Raised $278 Mn This Week
- Indian startups raised $278.3 Mn in funding across 22 deals last week.
- Raphe mPhibr led with a $100 Mn round, followed by GIVA and EKA Mobility.
- Sector-wise, advanced hardware, tech, and ecommerce saw substantial funding activity.
- Defence tech and ecommerce sectors attracted significant investments this week.
- Fintech major Pine Labs and Wakefit filed for IPOs, signaling more to come.
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Inc42
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365
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Kaynes Tech Incorporates New Arm To Make Space Satellites
- Kaynes Technology India Ltd has launched a subsidiary, Kaynes Space Technology, to produce satellites and payloads for various applications in the space sector.
- The new unit will focus on creating modular satellite platforms and indigenous launch vehicles for different orbits, emphasizing cost-effectiveness and sustainability.
- Kaynes Space Tech plans to invest in research areas like space propulsion, miniaturization, AI-based autonomy, and collaborate with academia, space agencies, and industry.
- The subsidiary aims to develop space-based applications, enhance technologies, and establish infrastructure for launch operations and ground control, with operations mainly in India.
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Startup Pedia
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Camikara 3YO becomes 1st Indian rum brand to win gold medal at London’s Rum & Cachaça Masters Awards 2025
- Camikara 3YO, an Indian rum produced by Piccadily Agro Industries Limited, won a Gold Medal at the Rum & Cachaça Masters Awards 2025 in London.
- Camikara 3YO is India's first pure cane juice aged rum crafted in the Rhum Agricole style without molasses, artificial colors, sugar, or additives.
- The win at the prestigious competition signifies India's ability to compete on a global scale in the spirits industry, challenging stereotypes of native rum.
- Piccadily Agro Industries Limited, based in Haryana, operates its distillery and sugar business segments from a 168-acre facility in Indri and gained prior popularity with its Indri single malt whisky brand.
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Startup Pedia
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Bengaluru defence startup develops drone armed with AK-203 that can fire at targets from the air
- Bengaluru-based defence company, BSS Alliance, has developed a drone platform armed with an AK-203 assault rifle for low-altitude tactical operations.
- The AI-powered system was tested in partnership with the Indian Army and demonstrated the capability to detect and engage targets autonomously.
- The drone's effective range is 1,000 meters, with thermal and optical sensors enabling target identification at 300 meters and engagement up to 600 meters.
- The AK-203 assault rifle is the latest addition to the Kalashnikov series and India has initiated full-scale production of this firearm in collaboration with Russia.
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Dev
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From Freelance Developer to Founder of Karvexia – My Journey Building a Tech Company from Scratch
- Karthikeyan Kamaraj transitioned from a freelance developer to the Founder & CEO of Karvexia Pvt Ltd with a vision of making technology useful for both companies and everyday individuals.
- Starting solo in a small room in Ooty, Tamil Nadu, Karthikeyan focused on creating products to simplify tasks like automation, learning platforms, AI for productivity, and robotics for daily assistance.
- Karvexia has grown into a multi-unit innovation-centric company, developing products like Nexvia CoreAI, Karvexia Robotics, Skillurex, and providing hosting, SaaS tools, and branding solutions.
- The journey includes achievements like winning the Young Innovator Award, expanding the team, serving hundreds of clients, and creating advanced AI & robotics solutions, with a future vision of empowering people, making technology accessible, and building a brand India can be proud of.
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