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Inc42

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Simplilearn’s Total Revenue Jumps 10.2% To INR 773 In FY24

  • Edtech startup Simplilearn’s total revenue jumped 10.2% to INR 773 Cr during FY24.
  • The company reduced its EBITDA loss by 75.4% to INR 51 Cr in FY24.
  • Simplilearn attributed the improved financial performance to operational efficiency and market expansion.
  • The company plans to focus on high-demand areas and potential acquisitions for further growth.

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TechRound

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Top Unicorns in Croatia

  • Croatia, home to one of the largest economies in Southeastern Europe, has one of the most developed IT industries in the region, attracting entrepreneurs from other regions too.
  • Croatia is a country rich in culture and history, boasting a highly skilled workforce with operational costs that are affordable.
  • The country’s tech, fintech, tourism, and gaming industries are among the fastest-growing sectors in the country.
  • The Croatian government supports startups by providing financial grants, financing, and tax incentives for research and development, especially in tech.
  • Croatia's strategic position and membership to the EU provides the country with valuable access to the broader EU market.
  • Croatia offers an appealing lifestyle for entrepreneurs and employees with its beautiful coastline along with its mild Mediterranean climate and rich cultural heritage.
  • Croatia also offers a digital nomad visa benefitting remote-working startup founders and employees looking to base themselves in Croatia while still operating in global markets.
  • The only unicorn in Croatia is Rimac Automobili, the designer and manufacturer of electric hypercars with a valuation of $2.14bn.
  • Rimac Automobili has received an investment of $885 million, mostly from Goldman Sachs and European Investment Bank.
  • The company's electric vehicles contain a fusion of light build and electric vehicle components to produce sporty cars which are environmentally friendly.

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TechUniverses

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The Best of Telugu Cinema: Must-Watch Movies on Hotstar for 2024

  • Hotstar offers a selection of Telugu movies that are ideal for watching to anyone who wants to explore this fascinating genre.
  • The film 'Darling' tells the story of Raghav, a newlywed with one burning ambition—to take his beloved wife, Anandi, on a dream trip to Paris.
  • In the movie 'Baak', the protagonist Saravanan embarks on a mission to uncover the truth behind his estranged sister’s mysterious death.
  • In 'Lambasingi – A Pure Love Story', viewers are transported to a picturesque village where rookie officer Veerababu finds himself falling for Haritha, a beautiful and spirited village girl.
  • The film 'Sridevi Shobanbabu' presents a classic tale of love complicated by family rivalry.
  • The beauty of Telugu cinema lies in its diversity of genres, captivating plots, and richly developed characters.
  • Watcho improves your streaming experience with an extensive selection of movie genres and other interesting possibilities.
  • Subscribing to Watcho is a great way to stay updated with the latest movies while enjoying seamless streaming.
  • Hotstar provides an excellent platform to watch Telugu films online, and it can be accessed easily through a Telugu movies website or by searching for it directly on Hotstar.
  • For fans of Telugu cinema, Watcho is a must-have subscription that provides a broader array of streaming options and exclusive content.

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VIE Stories

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PM Vidyalaxmi Scheme - Benefits, eligibility, Colleges, Loan Amount and Online Applications

  • The Vidya Lakshmi Scheme is a government initiative in India that offers an integrated platform for students seeking education loans to pursue higher studies.
  • PM-Vidyalaxmi scheme provide students a centralized portal to apply for loans from multiple banks, as well as view eligibility and application criteria.
  • The scheme aims to make higher education more accessible by offering collateral-free loans, easy digital applications and interest support.
  • Students can apply for loans up to INR 10 lakh for studies within India and up to INR 20 lakh for studies abroad.
  • Any student admitted to a Quality Higher Education Institution can get a loan from banks and financial institutions to cover the full amount of tuition fees and other expenses related to the course.
  • The PM-Vidyalaxmi Scheme offers a transparent and student-friendly system that is interoperable and entirely digital.
  • The Dept. of Higher Education will create a list of top institutions eligible for PM-Vidyalaxmi loans, including Top 100 ranked Higher Education Institutions in NIRF rankings.
  • Students with family income up to ₹8 lakh per year are eligible for a 3% interest subvention on loans up to ₹10 lakh.
  • The PM-Vidyalaxmi Scheme approved by the Cabinet, has allocated ₹3,600 crore for the period from 2024-25 to 2030-31, supporting 1 lakh students annually, benefiting 7 lakh students by 2031.
  • Students can apply online for the PM Vidyalaxmi Scheme by visiting https://www.vidyalakshmi.co.in, and registering on the portal. They can fill out the Common Education Loan Application Form (CELAF) and choose the banks and loan schemes they're interested in.

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Startupreporter

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NXT Unpause Yourself Unveils New Website for Lifelong Learners-Makes Education and Upskilling Accessible

  • NXT Unpause Yourself Private Limited announces the launch of a new website in the next 3 to 4 months.
  • The new platform aims to offer academic, non-academic, vocational, non-vocational, and professional courses.
  • The website will provide engaging content from diverse fields, transforming lives and careers.
  • NXT Unpause Yourself aims to make education and upskilling accessible for all seamlessly.

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Prabh Gill to Perform Live at Underpass Club on 23rd November 2024 – Book Your Tickets Now

  • Prabh Gill, the renowned Punjabi singer, will be performing live at Underpass Club, New Delhi on 23rd November 2024.
  • The concert is part of Underpass Club's series of iconic concerts that have featured top artists in the past.
  • Fans can expect a memorable evening of Punjabi music and popular hits by Prabh Gill.
  • Tickets are available on Book My Show, and it is advisable to book early due to the limited seating.

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Eu-Startups

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Amsterdam-based Pantheon Mining secures €1 million to accelerate bitcoin mining

  • Dutch Bitcoin mining company Pantheon Mining has raised €1 million in seed funding to support its expansion.
  • Pantheon Mining aims to scale its operations and strengthen its position in the Dutch Bitcoin industry.
  • The company plans to broaden its product offerings, enhance its technological infrastructure, and establish new mining centres in countries with access to affordable energy.
  • Pantheon will also implement a 'Bitcoin treasury strategy' by purchasing its own mining equipment and adding the mined Bitcoin to its balance sheet.

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Inc42

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EaseMyTrip Partners Hyperface To Boost Co-Branded Card Programmes

  • Online travel aggregator EaseMyTrip has partnered with Hyperface to enhance existing card programmes and launch new co-branded credit card programmes.
  • Hyperface will help EaseMyTrip onboard new customers and create hyper-personalized campaigns for existing customers.
  • The partnership aims to benefit EaseMyTrip's co-branded card programmes with existing banking partners, providing convenience and value to customers.
  • EaseMyTrip has been expanding its business and diversifying its product offerings, including venturing into insurtech and electric bus manufacturing.

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VIE Stories

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Truecaller Appoints Rishit Jhunjhunwala as its CEO

  • Rishit Jhunjhunwala has been appointed as the CEO of Truecaller, effective January 9, 2025. CEO Alan Mamedi and Chief Strategy Officer Nami Zarringhalam will transition to advisory roles until June 30, 2025.
  • Rishit Jhunjhunwala, currently the Chief Product Officer and Managing Director of Truecaller India, will oversee product teams and advertising.
  • Truecaller has recently announced partnerships with HDFC ERGO and Tanla Platforms Limited in India.
  • Truecaller, a global communications platform, aims to verify contacts and block unwanted communication.

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SiliconCanals

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The Hague-based 4impact Capital closes second fund at €68M; will focus on these areas

  • The Hague-based venture capital firm 4impact Capital has closed its second fund (Fund II) at €68M, with support from the European Investment Fund (EIF) and Invest-NL.
  • EIF invested €17.5M, while Invest-NL contributed €7.5M, with €5M already committed in 2023.
  • The fund aims to invest in innovative software companies, primarily in climate technology, as well as companies focused on inclusion, health, and wellbeing.
  • 4impact Capital, founded in 2019, focuses on supporting entrepreneurs in the Seed to Series A phase, primarily in Europe, with a strong emphasis on the BeNeLux, the Nordics, and the German-speaking region.

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Eu-Startups

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Brussels-based Borro secures €350K to encourage reusable cups at events

  • Brussels-based startup Borro has raised €350K in funding to advance its intelligent deposit system for reusable cups.
  • The investment will help Borro expand its reach across Belgium and internationally, offering a seamless solution for sustainable event practices.
  • Borro's system eliminates the need for apps or queues by using a deposit system linked to a payment card, with automatic refunds when cups are returned.
  • The startup aims to simplify the transition to reusable packaging and reduce the environmental footprint of events.

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Yourstory

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RenewBuys pares FY24 losses by 40% amid merger reports

  • D2C Consulting Services, the parent company of RenewBuy, reduced its losses by 42% to Rs 114.44 crore in FY24.
  • RenewBuy, an online insurance aggregator, saw a 40% increase in operating revenue to Rs 394.40 crore in FY24.
  • D2C Consulting Services is in talks with InsuranceDekho for a potential merger, valued over Rs 8,000 crore.
  • RenewBuy, valued at Rs 3,000 crore, plans to expand beyond India into Asian markets.

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VIE Stories

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Top Instagram Story Ideas for More Views and Interactions

  • To increase views on your Instagram account, drive interactions, and keep followers engaged, you need to implement creative and unique Instagram Story ideas.
  • The following Instagram Story ideas can be used to enhance your content and get you more views and engagement
  • An effective way to gain an initial boost on your Instagram Story is to buy Instagram Story views from a trusted provider that guarantees authentic, high-retention views.
  • The poll feature on your Instagram Story can generate more views and interactions. Use more eye-catching visuals to make users pause mid-swiping to view your content.
  • Add fun stickers and templates to make your story more professional and exciting.
  • A collage can transform your Story and make it more appealing to viewers, as it helps you showcase multiple elements at once.
  • Use hashtags and location tags to make your content more discoverable and introduce it to potential new followers.
  • Hosting Q&A sessions allows for immediate feedback, builds trust, and helps establish authority in your niche.
  • Host a Story contest to stand out and pull an engaging audience, encouraging them to interact with your Instagram Stories.
  • Encourage more user-generated content to build trust with customers, curate more content, improve your social proof, and get more followers in the long run.

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Startup Pedia

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“Secret Acquirer” of Domain Chat.com Revealed, New Owner Is OpenAI

  • OpenAI has been revealed as the 'secret acquirer' of the domain Chat.com.
  • The domain was sold for $15.5 million and has now been redirected to ChatGPT.
  • The acquisition enhances OpenAI's brand recognition and strengthens ChatGPT's position in the AI chatbot industry.
  • OpenAI aims to solidify its leadership in AI-powered communications through the acquisition of Chat.com.

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Medium

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CrossBridge Bio: Innovating Cancer Treatment with Dual-Payload ADCs

  • CrossBridge Bio is developing dual-payload ADCs to target tumor heterogeneity and resistance in cancer treatment.
  • Their lead candidate, CBB-120, utilizes two different payloads within a single ADC to maximize therapeutic effect.
  • CrossBridge Bio aims to enhance efficacy while reducing side effects by delivering both agents together in a targeted manner.
  • The company's highly stable linkers ensure precise drug release, mitigating safety issues associated with ADCs.

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