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Startup News
Eu-Startups
1w
295
Osney Capital unveils first UK cybersecurity Seed Fund, surpassing €58 million target
- Osney Capital announces the first UK cybersecurity Seed Fund, surpassing €58 million target.
- The fund received a cornerstone investment from the British Business Bank and is accredited by the UK’s National Security Strategic Investment Fund (NSSIF).
- Osney Capital plans to invest in 30 portfolio companies at pre-Seed and Seed stage, focusing on UK cyber founders.
- The UK's cybersecurity industry is growing rapidly, driven by increasing cyber threats and the adoption of AI and other technologies.
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ISN
1w
171
Image Credit: ISN
Swiggy faces Rs 7.59 crore tax demand from Pune Profession Tax dept; plans to appeal
- Swiggy has received a tax demand of Rs 7.59 crore from the Profession Tax department in Pune for the financial year 2021-22.
- Officials allege that Swiggy violated provisions related to the deduction of Profession Tax from employees' salaries.
- Swiggy plans to challenge the order, stating it has strong grounds for review or appeal and that it won't significantly impact its financials or operations.
- Swiggy also received a separate tax demand of more than Rs 158 crore from the Deputy Commissioner of Income Tax in Bengaluru for the same period.
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Futurefundraisingnow
1w
188
Economic chaos is upon us; should fundraisers panic?
- The recent stock market crash has led to economic chaos and poses a major challenge for fundraisers.
- Charitable giving tends to track with the stock market, and with retirement accounts being affected, donors may have less to give.
- Cuts to Federal programs and the impact of tariffs targeting lower and middle-income people may further decrease charitable giving.
- While panic may be tempting, fundraisers should avoid making panic decisions and instead focus on maintaining fundraising efforts.
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Economic Times
1w
158
Image Credit: Economic Times
Semiconductor startup Calligo Technologies raises $1.1 million from Seafund, Artha Venture Fund
- Indian semiconductor startup, Calligo Technologies, has raised $1.1 million in a pre-Series A funding round led by Seafund and Artha Venture Fund.
- The funds will be used to develop version 2.0 of Calligo's Posit-based silicon chip, expand the engineering team, and build partnerships with system integrators, OEMs, and ODMs.
- Calligo Technologies aims to address the computing efficiency of high-performance computing (HPC) and AI workloads by using its Posit-based chip, which promises improved speed, energy efficiency, and dynamic range.
- The Indian semiconductor market, valued at $6.67 billion in 2024, is projected to reach $14.09 billion by 2032, with an increasing demand for faster silicon and power-efficient solutions.
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Siliconangle
1w
419
Image Credit: Siliconangle
PyannoteAI raises $9M for its speech processing AI
- French startup pyannoteAI raises $9 million in funding to enhance its speech processing AI.
- The company's open-source AI toolkit is downloaded over 45 million times per month and has an installed base of over 100,000 developers.
- pyannoteAI's commercial offering is twice as fast as the open-source edition and provides a 20% accuracy increase in distinguishing speakers in audio recordings.
- The company plans to invest the funding in product development initiatives, including features to split an audio file into multiple files featuring only a single speaker and enabling AI models to run on a broader range of devices.
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Economic Times
1w
220
Image Credit: Economic Times
Boat’s parent Imagine Marketing files for IPO; eyes valuation of over $1.5 billion
- Imagine Marketing, the parent company of consumer device maker Boat, has filed draft documents for an IPO with SEBI.
- Boat is targeting a valuation exceeding $1.5 billion for the IPO, which may change closer to the filing.
- Previously, Boat had halted its plans for a Rs 2,000 crore IPO and raised $60 million in private capital.
- Despite a decline in wearable device shipments in India, Boat recorded a total revenue of Rs 3,122 crore in FY24.
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12 Likes
ISN
1w
172
Image Credit: ISN
Bengaluru-based Juspay raises $60 million led by PE firm Kedaara Capital
- Bengaluru-based payments infrastructure startup Juspay has raised $60 million in a Series D funding round led by Kedaara Capital.
- The round also saw participation from returning investors SoftBank and Accel, while early investor VEF partially exited and retained a 7.8% stake.
- Juspay provides payment technology solutions for banks and large enterprises, with a claim of processing over 200 million transactions a day.
- The funding will be used to develop its open-source payments orchestration platform and advance AI capabilities to improve merchant experience and operational efficiency.
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9 Likes
Siliconcanals
1w
372
Image Credit: Siliconcanals
UK’s Different Dog fetches €11.6M to scale its dog food subscription service
- Different Dog, a direct-to-consumer dog food brand, has secured £10M in funding.
- The funds will be used to expand its facility, invest in marketing, and hire top talent.
- Different Dog offers a personalized subscription service for fresh, nutritious meals for dogs.
- The company aims to address the growing demand for healthier pet food options and plans to serve more dogs.
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22 Likes
Npengage
1w
136
Image Credit: Npengage
Take the Stress Out of Budgeting for Your K–12 Private School
- A well-crafted budget is crucial for aligning financial resources with the strategic goals of a K–12 private school, and with the right processes and tools, it can be stress-free.
- The budget for a K–12 private school includes operating, capital, program-specific, and restricted project budgets, each serving different functions.
- Budgeting for private schools can be challenging due to the involvement of multiple stakeholders, time constraints, and the reliance on error-prone Excel spreadsheets.
- Tips to simplify K–12 private school budgeting include creating dashboards, leveraging past data, staying informed on trends, and streamlining budget processes.
- Having a single source of truth, using tuition management systems for accurate data, and utilizing fund accounting software can simplify the budgeting process.
- Fund accounting software like Blackbaud Financial Edge NXT can help streamline budgeting by allowing budgeting by department, creating scenarios, and integrating with tuition management systems.
- Integration between tuition management and fund accounting systems improves data accuracy and forecasting for K–12 private schools.
- By following best practices and utilizing appropriate tools, K–12 private schools can make their budgeting processes more efficient and less stressful.
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8 Likes
Alleywatch
1w
329
The Weekly Notable Startup Funding Report: 4/7/25
- The Weekly Notable Startup Funding Report highlights funding activity in various ecosystems across the US for the week ending 4/5/25.
- Notable startup funding rounds featured in the report include Butlr, Thatch, Gable, and seventeen other deals totaling $41.58B in new funding.
- Some featured startups and their funding include atomic ($10.0M), Cyberhaven ($100.0M), Ethic ($64.0M), and Hydrolix ($80.0M).
- Opsera ($20.0M), Redpanda Data ($100.0M), Gable ($20.0M), and OpenAI ($40.0B) are also highlighted for their recent funding rounds.
- Plaid ($575.0M), SandboxAQ ($150.0M), Temporal Technologies ($146.0M), and Thatch ($40.0M) are among the startups mentioned with significant funding.
- Venteur ($20.0M), Restor3d ($38.0M), SchoolAI ($25.0M), and Solace ($60.0M) are also featured in the funding report.
- AttoTude ($50.0M) and Retym ($75.0M) are highlighted for their funding rounds in the latest report.
- These startups cover a range of industries from financial services to AI-powered data security, digital health, semiconductor technology, and more.
- The funding amounts vary, showcasing the diversity and innovation present in the startup landscape.
- Overall, the funding report provides insights into the vibrant startup ecosystem and the investments driving technological advancements.
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19 Likes
Medium
1w
243
Image Credit: Medium
The Lean Startup: A Smart Guide to Building Efficient and Innovative Businesses:
- Validated learning is at the heart of the Lean Startup concept.
- Entrepreneurs need to conduct experiments to test their theories.
- Making assumptions about your company testable is known as the 'leap'.
- The Lean Startup methodology gives you the means to innovate with assurance.
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14 Likes
Yourstory
1w
342
Image Credit: Yourstory
Govt stepping up efforts to help exporters; working group to monitor possible import surge
- The Union Commerce Ministry is stepping up efforts to help exporters explore new markets and tackle the impact of sweeping tariffs announced by the US.
- A working group is being set up to monitor the possible surge in imports from countries like China.
- The Ministry is fast-tracking formulation of its export promotion mission, which includes providing credit at affordable rates and negotiating free trade agreements.
- Bilateral meetings with identified 20 countries, including Australia, Brazil, China, and France, are planned to push India's exports.
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20 Likes
UX Design
1w
243
Image Credit: UX Design
No research, calibrating trust in AI, SXSW recap, being a designer at 40
- "No research is often better than 'some' research" - Maximilian Speicher
- Building and calibrating trust in AI by Dr. Janna Lipenkova
- Four rules for how design influences technology by Andy Proehl
- What it’s like to be a designer at 40 by Pietro Gregorini
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14 Likes
Yourstory
1w
164
Image Credit: Yourstory
boAt parent Imagine Marketing files draft IPO papers through confidential pre-filing route
- Imagine Marketing, the parent company of boAt Lifestyle, has filed draft papers for an IPO through a confidential pre-filing route.
- The confidential pre-filing route allows withholding public disclosure of details until later stages.
- This is Imagine Marketing's second attempt to go public, with a previous filing in January 2022.
- The confidential pre-filing route provides flexibility and reduces pressure for companies to go public.
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9 Likes
Startup Pedia
1w
290
Image Credit: Startup Pedia
'Dettol Burns The Wound!' Doc Claims On Raj Shamani’s Podcast; Company Plans Action For ‘Tarnishing Reputation’
- Dettol, India's leading hygiene brand, disputes claims made on Raj Shamani's podcast that applying the antiseptic liquid directly on wounds can be harmful.
- The brand states that the claims are completely incorrect, baseless, mischievous, and unscientific.
- Dettol clarifies that their antiseptic liquid is approved by government authorities and endorsed by the Indian Medical Association.
- Reckitt Benckiser India, the parent company of Dettol, plans to take legal action against the dermatologist who made the claims.
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17 Likes
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